**CHARITY REGISTRATION NUMBER: 1204805** ## **SIVAGIRI ASHRAMAM UK Receipts and payments accounts For the period ended** **31 March 2024** ## **XAVIERS ACCOUNTANTS LIMITED** Chartered Certified Accountants Suite 3J Recycling Lives Centre 1A Essex Street Preston PR1 1QE ## **SIVAGIRI ASHRAMAM UK** ## **Period ended 31 March 2024** ||**Page**| |---|---| |Trustees' annual report|**1**| |Independent examiner's report to the trustees|**4**| |Receipts and payments accounts|**5**| ## **SIVAGIRI ASHRAMAM UK** ## **Period ended 31 March 2024** ## **Reference and administrative details** **Charity registration number** 1204805 **Principal office** Cotswold House Shurdington Road Brockworth Gloucester GL3 4PX **The trustees** Dr Biju Peringathara (Appointed 02 April 2023) Satheeskumar Kuttappan (Appointed 01 April 2024) Anilkumar Raghavan (Appointed 01 April 2024) Ganesh Kumar Sivan (Appointed 01 April 2024) Madhu Ravindran (Appointed 01 April 2024) Kala Jayan (Appointed 01 April 2024) Sibi Kumar (Appointed 02 April 2023) Baiju Saleem (Appointed 02 April 2023) Sajeesh Damodaran (Appointed 02 April 2023) **Independent examiner** Mijos Xavier FCCA Xaviers Accountants Limited Chartered Certified Accountants Suite 3J Recycling Lives Centre 1A Essex Street Preston PR1 1QE 1 ## **SIVAGIRI ASHRAMAM UK** ## **Trustees' Annual Report** ## **Period ended 31 March 2024** The financial statements have been prepared in accordance with the accounting policies set out in notes 1-3 to the accounts and comply with the charity’s governing document, the Charities Act 2011 and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). The trustees who served during the year and up to the date of this report are set out on page 1. ## **Structure, governance and management** ## **Governing document** The trust is an unincorporated trust, constituted under a trust deed dated and is a registered charity (Registered on 19[th] September 2023 and charity registration number 1204805). ## **Trustees** The charity is managed by a committee of trustees. Trustees are appointed by the Board of Trustees of the Sivagiri Ashramam Charity Foundation. This appointment of the Board of Trustees is ratified by the National Executive Committee of the SIVAGIRI ASHRAMAM. The advancement of the Hindu faith for the public benefit throughout the UK and worldwide, mainly but not exclusively by means of providing religious education and pastoral care for the community. This is achieved through diverse means including activities, programmes and initiatives of multi-faceted dimensions in terms of culture, fine arts, literature, sports, education, women empowerment, professional advancements, intra and intergenerational needs of Keralite. Sivagiri Ashramam Charity Foundation is the well organised charity wing of Sivagiri Ashramam. Ever since its establishment in 2023. The trustees have been completely engaged in overseeing the operational aspects of the charity. This is achieved through regular formal and informal consultations and meetings. There are informal procedures for induction and training of new trustees. Trustees are also encouraged to attend external briefings, training courses and prompted to familiarise with the gamut of Charity operations in the UK context so as to empower the Sivagiri Ashramam Charity Foundation to operate within the confines of the laws of the UK, adhering to all the rules and guidance as stipulated by the UK Government. It is made mandatory for the Trustees to monitor and review major risk elements which the charity is exposed to and where necessary introduce control and implement systems and procedures in place to manage those risks. 2 ## **SIVAGIRI ASHRAMAM UK** ## **Trustees’ Annual Report** _**(continued)**_ ## **Period ended 31[st] March 2024** ## **Objectives and activities** ## **Objectives of the Charity** The Sivagiri Ashramam Charity Foundation’s objectives are broadly defined in terms of providing religious activities not confined to any religion. The main moto is ONE RELIGION and ONE GOD. While we set our objectives, and plan our activities, we have strictly adhered to the UK Charity Commission’s guidelines to ensure integrity, transparency, meritocracy, and accountability. ## **Achievements and performance** During the initial period, Sivagiri Ashramam initiated a process to build or buy a community centre for the activities of Sree Narayana philosophy. We have successfully found a place in Wolverhampton and got permission from one of the devotees use the premises for this activity. The aim is eventually buy the same after paying the market value to him, and make as the main centre of Sivagiri Ashramam in UK. ## **Financial review** During the period ending 31[st] March 2024, we have collected funds from the devotees to achieve a major goal to buy the Sivagiri Ashramam centre at UK. ## **Reserve policy** It is policy of the charity to maintain unrestricted funds at a level which equates to approximately twelve months unrestricted expenditure. This provides sufficient funds to cover management and administration and maintenance costs. The trustees’ annual report was approved and signed on behalf of the board of trustees by: **Dr Biju Peringathara Trustee (chair)** ## **Date: 10[th] April 2025** 3 ## **SIVAGIRI ASHRAMAM UK** ## **Independent Examiner's Report to the Trustees of Sivagiri Ashramam UK** ## **Period ended 31 March 2024** I report to the trustees on my examination of the accounts of Sivagiri Ashramam UK ('the charity') for the period from 19 September 2023 to 31 March 2024. ## **Responsibilities and basis of report** As the trustees of the charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Mijos Xavier ACA FCCA Independent Examiner** **Suite 3J Recycling Lives Centre 1A Essex Street Preston PR1 1QE** ## **Date: 12 April 2025** 4 CHARITY (OMMISSION FOR ENGLAND AND WALIS 8IVAIJII A8￿m LI( CC16a Forth• period P•l￿dend d*• 314tsrQ4 To Section A Receipts and payments Unrestiicted Restricted En¢kyfftnt nds lundB Totsl fvnd5 Lastyoar A1 Reogipts 15388 20J)U4 Sub IDtsIIGro&s income for ARJ 35A72 35A72 A2 A55et*KliThveslnprt&*s Stsb Ivtal 36,472 35A72 funds t•tt•b*aW•St funds Tatsl fvnds L•rty••r AI PAsffiEnts iyl4NlwofeBsMilfe•8 31JO 5,000 175 175 Sub tot•1 SNT5 5,475 A4 A•tand Sub tot•1 To1•lpyJp￿ts 4476 6,475 N•tofTrww￿p•y￿M(•J Transf•rs b•i￿•n fvnd& 6Cash fund5145tJT4r?nd Ca*h thi•y•arend 29,n7 29,197 29,997 29,997 ||||||||||| |---|---|---|---|---|---|---|---|---|---| |**Section B Statement of assets and liabilities at the end of the period**|||||||||| |**Categories**|**Details**||||**Unrestricted**
**funds**|**Restricted**
**funds**||**Endowment**
**funds**|| ||||||**to nearest £**|**to nearest £**||**to nearest £**|| |**B1 Cash funds**|**Cash in hand**||||**-**|**-**||**-**|| ||**Cash at the Bank - Current Account**||||**29,997**|**-**||**-**|| ||||||||||| |||||||**-**||**-**|| ||**_Total cash funds_**||||**29,997**
OK|**-**
OK||**-**
OK|| ||(agree balances w ith receipts and payments
account(s))||||||||| ||||||**Unrestricted**
**funds**|**Restricted**
**funds**||**Endowment**
**funds**|| ||**Details**||||**to nearest £**|**to nearest £**||**to nearest £**|| |**B2 Other monetary assets**|||||**-**|**-**||**-**|| ||||||**-**|**-**||**-**|| ||||||**-**|**-**||**-**|| |||||||**Cost (optional)**|||| ||**Details**||||**Fund to which**
**asset belongs**|||**Current value**
**(optional)**|| |**B3 Investment assets**||||||**-**||**-**|| |||||||**-**||**-**|| |||||||**-**||**-**|| ||||||||||| ||**Details**||||**Fund to which**
**asset belongs**|**Cost (optional)**||**Current value**
**(optional)**|| |**B4 Assets retained for the**
**charity’s own use**|**Boiler**||||**Unrestricted**|**5,000**||**-**|| |||||||||**-**|| ||||||||||| ||||||||||| ||||||||||| ||||||||||| ||||||||||| |||||||||**-**|| |||||||||**-**|| |||||||||**-**|| |||||||||**-**|| |||||||**Amount due**
**(optional)**|||| ||**Details**||||**Fund to which**
**liability relates**|||**When due**
**(optional)**|| |**B5 Liabilities**||||||**-**|||| |||||||**-**|||| |||||||**-**|||| ||||||||||| |Signed by trustees on behalf of all
the trustees|Signature||||Print Name|||Date of
approval|| ||||||**Dr Biju Peringathara**|||**10-Apr-25**|| ||||||||||| ||||||||||| 6