THE VEDIC SOCIETY OF sOuTHAN￿ToN
REPORT & FINANCIAL STATEMENrs
FOR THE YEAR ENDED
31 OCTOBER 2024
Charity Number: 263969

FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 ocfoBER 2024
Contents
Pages
ReferenrR and Administrative Inforn]ation
Report of the Trustees
tndependent Examiner's Report
io
Statement of Financial Activities
Balance SIKet
12
Notes to the Financial Statements
13-23
THE FOLLOWING PAGES ARE FOR MANAGEMENf PURPOSES ONLY
Unr¢stricted Funds- Incom¢
24
Unrestricted Funds- Expenditure
25
Restricted Funds
26

Page I
THE VEDIC SOCIETY OF SOUTHAMPTON
REFERENCE AND ADfvUNisfRATIVE INFORMATIOIY
FOR THEYEAR ENDED
31 ocfoBER 2024
The Vedic Society of Southampton
CHARITY REGISTRATION IYUMBER: 263969
PR￿C￿AL OFFICE:
7￿195 Radcliffe Road
Northam
Southampton
S014 OPS
HOLDING TRUSTEES:
Avinas Patel
Latha Davda
Jaldip Patel
Pravin Patel
Bhaskar Dave
(Chairperson)
CHARITY TRUSTEES (EX¢￿tive Cojnmittee):
Office Bewers
Sanjay Chandarana
(President)
Sanjay Davda
(Vice President)
Meten Lakhani
(Secretary)
Sarika chand￿ (Assistant Secretary)
Riva Kaimal
(Treasurer)
Jayanthini Mahadevan (Assistant Trnsurer)
Committee Members
ShTaddha Bhatt
Steven Chadda
Manoj Panchmatia
Reena Patel
Jalpan Patel
Mansukh PipaIia
Adheer Warriar
Bharat Patel.
Vijay Patel
Raj Kumar Chadda.
Nikhyta Patel
Meten Lakhani
(Co-opted)
(Co-opted)
(C(FOpted)
(Co-opted)
SECRETARY:
TSB Bank PIC
Barclays Bank PIC
Natwest Bank Ple
Abraham & Dobell
Chartered Accountants
230 Shirley Road
Southampton
S015 3HR

Page 2
THE VEDIC SOCIETY OF Sol]THA￿N
REPORT OF THE TRUSTEES
FOR THE YEAREIYDED
31 OCTOBER2024
The trustees are pleased to present their annual report and audited financial statements for the year
ended 31 October 2024.
The financiaI statements comply with the Charities Act 2011, the Clwity Tn￿ Deed and Accounting
and Reporting by Charities: Statement of Recommended Prdctice applicable to charities preparing
their financial statements in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102).
STRUCTUR4 GOVERIYAIYCE AND MANAGEMENT
GoverniDg Document
The charity was registered on 6 October 1972. The charity adopted its constitution on
31 August 1972 and this was amended on 29 November 1980, and subsequently on 25 March 2007.
Reernitment and Appointment of Tru$tees
The Charity two categories of tsvstees. "Holding Trustees" numbering five shall hold the property
of the Charity. Holding Trustees are elected by members in general meeting and shall hold office for
up to five y¢ars. Th¢ other type of trustees is Charity T￿￿te¢S (also known as the Executive
Committee) who are responsible for the management and administration of the Charity and its
propety. Charity Tntstees are ¢I￿ted annually and shall hold office until th¢ following annual
general meeting.
Holding Trustses
The following Holding Trustees will each hold oifice for varying periods from one year to five years.
Avinas Patel
Latha Davda
Jaldip Patel
Pravin Patel
Bhaskar Dave
One Holding trustee will retire by rotation and an election will be held at a future AGM. to appoint a
new Holding trusfre.

Page 3
THE VEDIC SOCI￿ OF SOUfHAMIryON
REPORT OF THE TRUSTELS
(CONfiNUED)
FOR THE ITAR ENDED
31 o￿oBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT (CONTINUED)
Charity Trnjteu (also knowD as Executive Comn)ittee Members)
The following were appointed Charity Trustees (also known as Executive Committee Members) at
the AGM held in March 2023 and all resigned at the AGM held in March 2024 in accordanc¢ with
the Soci¢ty's constitution:
fficeB
Sanjay Chandarana
Sanjay Davda
Nikhyta Patel
Sarika Chandarana
Riva Kaimal
Shraddha Bhatt
(President)
(Vice President)
(Secretary)
(Assislant Secretary)
(Treasurer)
(Assistsnt Tr¢asur¢r)
Bharat Patel
Vinod Desai
Dimple Sutsria
Meten Lakhani
Mansukh Pipalia
Jalpan Pat¢1
Nikhil Chikhal
Vijay Patel (Co-opted)
Raj Kumar Chadda (Co-opted)
Jayanthini Mahadevan (Co-opted)
The following We￿ el¢¢ted Charity TnL8tees (also known as Executive Committee Members) at the
AGM held in March 2024:
Office Bear¢rs
Sanjay Chandarana
Sanjay Davda
(President)
(Vice President)
(S¢¢retary)
(Assislant Secretary)
(Treasurer)
(Assistant Treasurer)
Sarika Chandarana
Riva Kaimal
Jayanthini Mahadevan
Committee Mem
Shraddha Bhatt
Steven Chadda
Manoj Punchmatia
Reena Patel
Mansukh Pipalia
Jatpan Patel
Aadheer Warriar
Vijay Patel (Co-opted)
Raj Kumar Chadda (Co-opted)
Bharat Patel (Co-Opt¢d)
tn accordance with the Society's cO￿tItution. all the Charity Trustees will resign at the forthcoming
AGM in Mawh 2025.

Page 4
THE VEDIC SOCIETY OF sOirrHAh￿N
REPORT OF THE TRUSTELS
(CONTINUED)
FOR THE YEARENDED
31 ocfoBER 2024
STRucfuRE. GOVERNANCE AND MANAGEMENT (coNfINUED)
Trustee Induction and Training
Truste¢s ar¢ familiar with the work of the charity, having new trustees meet with the Chairperson of
the trustees. who provides a briefing on the society to include:
the obligations of board members.
the main documents which set out the operational framework for the society, including th¢
constitution.
the financial position of the Organisatio￿ including the last set of audited financial statements
and fi￿ding statys. and
futur¢ plans and obj¢ctives.
Risk Management
The trustees have examined the major operational risks which the charity faces and confinn that
systems have been established to enable reports to be produced so that the necessary steps can be
taken to lessen these risks.
Organisational Strueture
The Charlty Trusfres, comprising 16 members, including a secretary, who meet at least 6 times a
year, are responsible for the management and administration of the society. The property of the
charity is held by the Holding Trustees who are also responsible for the strategic direction and PK)Iicy
of the society.
OBJECTIVES AND A￿[VITIEs
The aims and objectives of the charity are:
Conduct th¢ C¢ntr¢ for th¢ advanc¢m¢nt of the Hindu ￿lIgIOn.
Impart and promote the study of Vedic teaching5 and philosophies.
Prornote the study of comparative religions and philosophies in their widest forn].
Study th¢ livcs and teachings of the great teachers and sages of India and of the Hindu religion.
Provide facilities for religious and cultural functions.
Arrange lectures and discussions on Hindu religion.
Provide a rneeting place for Hindus of all schools and opinions and for others interested in the
Hindu religion.
Raise funds and invite and receive contributions from any person or persons whatsoever by way
of subscription, donation and otherwise, provided that the society shall not undertake any
pern)anent trading activities in raising funds for its object.
Encourage community service forlto the Hindu community to further th¢ objects of the society.
Do all su¢h other things as shall further the advancement of the Hindu religion.

Page 5
REpoirt OF THE TRusfEFS
(CONTINUED)
31 OCTOBER 21)24
oBJE￿IVEs AND AcfiviTIES (coNfiNUED)
Public Benefit Statement
Our main activities and who we ty to help are descnw above. All of our activities are undertoken
to fillther our charitable pu4x)ses for the public benefit In shaping our objectives and planning our
activities. the trustees have considered the Clwity Con]n)ission's guidance on public benefit
including the guidance 'Publi¢ Benefit: R￿)ning a Charity (PB2)'.
ACHIEVEMENtS AND PERFORMAIYCE
Report of the President of the Charity Trusttts
Dear Brothers and Sister
Jai Shri Krishna!
As we reflect on the past year. I am delighted to share that our temple has completed yet another
surxessful and fulfilling year. marked by vibrant religio￿8 and cultural celebrations attended by an
increasing number of devotees. I am proud to re￿rt that for the third consecutive year, the temple
has achieved record levels of revenue and surplu4 further strengthening our financial ￿sItiOn.
This remarkable succe&s has only been p)ssible due to the unvdvering supporL dedication and
generous donations from our devotee4 visitors, memt£r4 truste4 and of cours< our respected
Pujanji. I would like to take this opp)rtunity to express my heartfelt ￿tItUde to each and every one
of you for your invaluable contributions.
This year, we have also completed several important improvement prnjeC￿ enhancing both the
facilities and the expeTience for our devotees. Key projects and initiatives include:
Completion of tgrnw work for the front car park 8nd sunounding area4 along with the
installation of a bard surface in the front garden of the temple.
A successful Womens Day and Mother's Day Celebratio￿ attendoj by over 300 ladies and
childre
Elderly community group meeting4 providing opp)rtunitics for social interaction and
engagement and we encourage more elders to participate.
Significant enhancements to the Temple's website to improve accessibiity and
Comtnunication.
Reduction in ope￿10n21 costs through initialives such as securing free bin ¢oll¢ction services
and reducing gas and electricity eX￿)seS by switching suppliers.
Hosting Haripriya Devi Dasi and Shyambhai Thakar for special katha sessions, enriching
the spiritual atmosphere at the temple.
Installation of new shoe racks and outdoor heateTS between the Commwlity Hall and Temple
Hall. improving convenience and comfort for visitor&

Page 6
FOR THE YEARENDED
31 ocfoBER2024
ACHIEVEMENfs AND PERFORMANCE (CONTINUED)
Report of the President of the Charity Trnstees {Continued)
Organising Holi eelebration8 s￿IallY for Child￿ fostering culturhl engagement for our
younger generation.
Complelion of key maintenance works including the iDStallalion of a new Ix)iler in the priest
tK fitting LED lights on the temple dome and cnhancing parking arca ligbting for safety and
security.
Recognition and celebration of sonie of our outstanding volunleers and forn]er committee
m¢mbers, honouring them with the Lifetime AcbievemeDt Award and long Term Service
AwanL We remain e4)n]mittcd to acknowledging and a￿reCIating such contributions in the
future.
Opening a higb-finterest savings accounL ￿]Ch bas generated a sizeable revenue for the
temple. fillther strengthening our financial sustsinability.
Lc4)king ahea4 I am excited to continue working closely with you to fi￿eT itnprove temple
services and governance. ensuring we serve our community even bet*r in th¢ ycars to com¢.
Thank you for your ongoing support and d￿ICatIO
Yours sineAely.
Sanjay ChaDdarana
Prtsid¢nC The Vedi¢ Soeiety of Southamptong Hindu Temple
Report of th¢ Chairman of the Holding Trustees
Vedic Society has been and is playing an immensely valuable contTibution in maintaining our Hindu
values, heritage, arL language, dr￿An8, food a￿] above all our unity as Hindu thilst balancing wlth
our British vlay of life.
It goes without saying that succe&s is not achieved without the SUp￿t of a dedicated and hard-
working team. a team who ar¢ th¢r¢ to guid¢ you swiffly through to a s￿￿¢ssful year and one of our
most important assets are the fact that we haven't lost sight of wI￿t made us so successful to date;
personal touch coupled with devotion and stepping up fund and fun generating activities.
Achievements and success of year has not been without disntyions and challenges, but the executive
management team have largely managed and keep go(xl controls and always prioritise quality over
quantity.

Page 7
REPORT OF THE TRUSTEFS
(CONTINUED)
FOR THE YEAJi EIYDED
31 OCTOBER 2024
AcHIEvEME￿s AND PERFORMANCE (CONTINUED)
Report of the Chairman of the Holding Trusttts (Conlimlled)
We have of our priest Shree Riieshbhai and his family. whose extsEme Iwd work and efforts to our
members on their daily needs within our temple keeps Vedi¢ Society runtiing 24n days a week.
We are all aware that society is i￿efitIng from existence of various donots, well-wish¢r& volunteers
and kind-hearted members who bave made generous donation4 some members and volunteers have
dedicated lime. their support and &8sistance are greatly appreciated by the In￿ of the society.
The increase in the nu￿L￿ of enthusiastic women and Vedic Youth is very encouraging" Vedic
Society ne¢ds such devoted young members to Prog￿ and seeks ￿)sitive cooperation for continued
advanc¢m¢nL equally activities of Young at Hwt group are io d¢v¢lopment process coordinating
with local community Creating opportunities for the future. I urge and encourage everyone to be
closely affiliated with Vedic Society.
l am grateful and wish to thank my fellowtrustees who have hell￿ me during last five eVentfi￿ y¢ars
in supporting m4 strengthening my capability confid¢nc¢ and guidance, I would also like to thank
members and management trustees for their CODsthnt assistance and respect in all aspect of
community perfornwice. l am confident that m¢mbers' long-terni faith in the Vedic Society will be
rewarded.
Ow task is to put Vedi¢ Society where it belongs: at the forefront of ourselves!
Jai Sbree Krishn
Avinas Patel
Chairnian of Holding Trustee5
FKNANCIAL REVIEW
The 31 October 2024 year was financially another successful year for the charity. The charity
recorded a Surp1￿ of £34,319. This is comFMred with a surplus of £21.043 in the previous year which
with a gain on r¢valuation of fixed assets increased this by £66250 to result in net movement in fimds
for the previous year of £87293.
Total income decreased slightly in the year to 31 Octoi*r 2024 to £178.968 compared to £188,687 in
the previous year.

Page 8
THE VEDIC SOCIETYOF SOUTHAMPTON
REPORT OF THE TRUSTEES
(CONTINUED)
FOR THE YEAR ENDED
31 o￿oBER2024
FINANCIAL REVIEW (CONTINUED)
Expenditure ￿s0 decreased in the year to 31 October 2024 to £144.649. compared to £167,644 in the
previous year.
Totsl funds now stand at £804,918 (2023 - £770,599) with free reserves standing at £356,1 JO
(2023 £324,111).
PrintiPAI Funding Sources
Th¢ principal fimding sources for the charity are eurrently by way of donations and fillidraising.
Invutment Policy
Aside from relaining a prudent Amount in reserves each year, most of the charity's fimds are to be
spent in the short tenn. so there are few fjjnds for long tenn investment.
Reserves Polley and Going Concern
It is the policy of the charity to mainlain unrestricted funds. which are free reserves of the charity, at
a level which equates to approximately six months, unrestricted expenditure. This provides sutTicient
funds to cover manag¢menL administration and support costs. Unrestricted funds are maintsined at
this level throughout the year. The trustees are of a view that the charity is a Boin8 concern.
PLANS FOR FUTURE PERIODS
As we look ahea4 the Vedic Society Hindu Temple remains committed to enhancing its services and
facilities to better ser4e our community. Our key plans for the future include:
l. Continuing with the improvement and modernisation of the Temple, ensuring it continues to be a
welcoming space for reli8ious, cultural, and community activities.
2. Expanding the Temple Committee to strength¢n its capacity to s¢rv¢ our devotees and visitors
effectively. We are also keen to actively engage the younger generation to encourage their great¢r
involvement in the management and future development of the Temple.
3. Extending Temple's opening hours, enabling d¢votees to visit and offer their prayers throughout
the day.
4. Relaunehing both the Vedic Youth Group and the Vedic Mahila Mandal Group. creating more
opportunities for engagement, learning and cultural exchange across all generations.
5. Increasing the frequency of Bhojan Prasa4 with the ambition of offerin8 this saered community
meal on a more regular basis.
We are confident that with the continued support and generosity of our devotees trustees and the
wider community, we will sUccesSfi￿1Y achieve these goals to fither strengthen our Temple and its
role at the heart of OUT community.

Page 9
REpoRf OF TIIETRusfEKS
31 ocfoBER 21)24
RESPONSIBILITIES OF THE TRusfEES KN RESPEcf OF THE
FINANCIAL STATEMENrs
The trustees are responsible for pteparing the annual Report of the Trustees and finaD¢ial statements
in accordance with app]icable law and United I&n8dom A¢LX)unting Stand￿$ (United Kingdom
Generally A¢¢epted Accounting Practice).
The law applicable to charities ID England and Wales requitts the truskes to prepare fjnancial
ststements for each financial year. which give a Irue and fair view of the state of th¢ affairs of the
¢harity and of its incoming reSoU￿eS and application of resoutces of th¢ charity for that period. In
sek¢t suilabl¢ ￿cOUnting policies and apply them Consistendy:
ob8erv¢ the methods and procedures in the Ch&ities SORP (FRS 102):
make judgements and estim￿ that are reasonable and pthL'
state whether appli¢&bl¢ a¢¢outiting startda￿ have been follow￿ subject to any depHMw
disclosed and explained in the financial ststements; and
re&wnable ￿C￿rnCY at any tim¢ the financial position of the charlty and ￿ enable them to ensu
that the fin8n¢ial stalements comply with Charities Act 2011, the Chwity (Accounts and Reports)
Regulkn 2008 and th¢ provisions of the Trust Iked. Th¢y are also responsible for safe8uardin8
the assets of the Clwity arf h¢nce. for tsking reasonabl¢ steps for the prevention and ddection of
fraud and other irreguloritie&
The ITh￿ are TrSpOn￿ble forthe n￿1n￿ and integrity ofthe ¢harity and financial infornjation
included on the cbarity's We￿it< in ￿e0rda￿e with legislation in the United Kingdom governi
INDEPENDENT LXAM
Approv•d by th¢ trujtees on 7 Marth 2025 a#d s18ned OD their behavby:
AVINAS PATEL

Page 10
INDEPENDE￿ EXAMtNER'S REPORT
TO THE TRUSTELS OF
THE VEDIC sOc￿Ty OF SOiTnlA￿￿0N
FOR THE ENDED
31 ocfoBER 2024
I report to the charity trustees on my exaMin￿On of the acLx)unts of The Vedic Society of
Southamptoo (the Tntst) for the year ended 31 0¢￿ber 2024.
RESPONSIBILITIES AND BASIS OF REPORT
As the charity trustees you are responsible lor the preparation of the ac¢ounts in accordance with the
requirements of the Charities Act 2011 {'the A¢t').
I report in respect of my examination of the charity's a￿Unts caTried out under section 145 of th¢
Act and in carrying out my examination I hav¢ followed all the applicabl¢ Directions given by the
Charity Commission under section 145(5Xb) of the Act.
INDEPENDENT EXAMINER'S srAT￿mE￿r
I have complet￿1 my examination. l ¢onfm that no material matters have come to my attention in
connection with th¢ examination givin8 m¢ cause to belteve that in any ma*riaJ res]Krt:
accountin8 records were not kepi in respect of the charity as twuired by S￿tion 130 ofthe Act;
or
the accounts do not accord with those records; or
the a¢¢ounts do not comply with the applicable requirements concernin8 the fonn and content
of accounts set out in the ChaTities (Accounts and Rew)rts) Re￿atiOnS 2008 other than any
requirement that the accounts give a 'true and fair view which is not a matter considered as part
of an independent ¢xamination.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawi in this r¢port in order to enable a proper understanding of the
accounts to be reached.
DAVID J MANT FCA
INSTITUTE OF CHARTERED ACCOUNfANfs EN ENGLAND & WALES
230 Shlrley R￿d
Soutbampton
S015 311R
7 March 2025

Page 11
STATEMENT OF FINANCIAL AcfMTIES
FOR THE YEAR ENDED
31 ocfoBER 2024
2024
Unrestrieted Restricted Total
Funds
FuDds
Funds
2023
Total
Funds
Note
INCOME
Donations and legacies
Other trading activities
Investment incom¢
110,031
64.509
4.428
110,031
64,509
4,428
97.547
90,587
553
TOTAL INCOME
178.968
178.968 188,687
EXPENDITURE
Clwitable activities
144.649
144.649 167.644
TOTAL EXPENDITURE
144,649
l44.649 167.644
NET INCOME
34.319
34,319
21.043
Gains on revaluation of fixed assets
66.250
NET MOVEMENT IN FUNDS FOR
34.319
34,319 87293
RECONCILIATION OF FUNDS
Totsl funds brought foThvard
767,082
3,517 770.599 683,306
Total funds carried forward
£801.40]
£3.517 £804,918 £770,599
The Statement of Fitianeial Adiviti¢s illeludu all gains and losses in the year.
All theome and upendithr¢ derives from eontiDuing aetivitie&

Page 12
BALANCE SHEET
AS AT31 ocfoBER2024
21)24
No
Tan8ibk fixed a&
445291
441971
TOTAL FIXED ￿￿ET8
445291
442.971
Debtors
io
20,051
34&7T2
21709
311829
368,823
335,538
Credito￿. AtllOUDts falling ￿thIll oneyear 12
9,196
7,910
359.627
327.628
14
£804,918
£770599
15
735,151
66250
700,832
66250
801.401
767,082
3517
3517
£804.918
rn0.599
The on pages 13 to 23 fomi of these fu￿n¢1￿ slat¢ments.
Apprnwl by the trustea on 7 March 2025 and SI￿1 on th¢lr b¢b*lf by:
AVllYAS PA
CHAIRPERSON

Page 13
THE VEDIC SOCIETYOF SotrrHA￿N
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEARENDED
31 ocfoBER2024
ACCOUNTING POLICIES
The principal accounting policies adopte￿ judgements and key sources of estimation uncertainty
in the prepa￿loll of the financial ststements are as follows:
(a) Basb of Preparntion
The fiThanci￿ statements have been prepared under the historical cost convention as
modified by revaluation of assets wh¢r¢ appropriate, with items recognis¢d at Cost or fair
value.
The financial statements have been prepared in accordance with Accounting and
Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their financial statements in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP (FRS 102))
and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102).
The charity constitutes a public benefit entity &8 defined by FRS 102.
The financial statements are prepared in sterling, which is the ftmctional currency of the
charity. Monetary amounts are rounded to the nearest £.
O)) Income
Ail income is included in the Statement of Financial Activiti¢s when the charity is entitled
to the income and the amount Can be quantified with reasonable accuracy. The following
specific policies are applied to particular categories of income:
Donations and legacies are received by way of donations and gifts and are included
in full in the Statement of Financial Activities when receivable.
Donated services and facilities are includ¢d at the value to the charity where this
can be quantified. The value of services provided by volunteers has not been
included in these financial statements.
Investment income is accounted for in the period in which the charity is ¢ntitied to
receipt.
Income from other trading activities is accounted for when eamed.

Page 14
THE VEDIC SOCIETY OF SOUTHAMPTON
NOTFS TO THE FINANCIAL STATEMENrs
(coNrllyuED)
FOR THEYEARENDED
31 ocfoBER2024
AccouNfiNG POLICIES (CONTINUED)
(c} Expenditure
Expenditure is recognised on an accnllis basis as a liability is incurred. Expenditure
includes VAT &% the ¢harity is not VAT re￿ and is reported as part ofthe expenditu
to which it r¢lat¢s.
Expenditure on charitable activities comprises those costs incurred by the charity in the
delivery of its activities and services for its beneficiaries. This includes both costs that
can be allocated directly to such activities and those costs of an indirect nature necessary
to support them.
Support Costs are those functions that assist the work of the charity but do not directly
undertake the charitable activities. These costs have been allocated between the
¢xp¢nditure categories of the Statem¢nt of Financial Activities on a basis designed to
reflect the use of the resource and are appknloned on an appropriate basis, eg floor areas.
per capita or estimated usage.
Governance costs in¢lude those costs associat¢d with M￿ting the Constitutional and
statutory requI￿rnents of the chaTity and include the audit fees and costs linked to the
strategic management of the charity.
(d) Tangible Fixed A&sets
Tangible fixed a&8ets are stated at cost less accumulated depreciation and any accumulated
impainnent issues. The costs of minor additions or those costing below £l.000 are not
capitalised.
(e) Depreciation
Building improvements are depreciat¢d over three yeaTh.
Freehold land and building4 Community Hall and Krishna statu¢ and shrine omaments are
not depreciated &8 they are deemed to have an indefinite expected useful life. Krishnaststue
and shrine ornaments are included at fair value
(fj Debtors
Trade and other debtors are recognised at the settlement amount due. Prepayments are
valued at the amount prepaid net of any trade discounts due.

Page 15
THE VEDIC SOCIETY OF SOUTHAMFfoN
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)
FOR THE YEAR ENDED
31 ocfoBER2024
ACCOI7NfING POLICJES (CONTINUED)
(g) Cash at Bank and in HaDd
Cash at bank and in hand includes cash and short terni highly liquid investments with a
short maturity of three months or less from the dale of acquisition or openin8 of the
deposit or Similar a￿ount.
(h) Credltors and ProviJioDJ
Creditors and provisions arc recognised where the charity has a present obligation
resulting from a past event that will probably result in the transfer of funds to a third party
and the amount due to settle the obligation can be measured or estimated reliably.
Creditors and provisions are nornially recognised at their settlement amount after
allowing for any trade discounts due.
(i) Txxqtion
The charity is exempt from CoTporation Tax on its ¢haritable activities.
(i) FMDd AceouDtfiDg
Unrestricted funds consist of the 8¢neral purpos¢$ fund and designated funds.
Designated funds are funds established by the trustees from time to time for $pecifi¢
projects or purposes, are not in any way restricted and any surplus or deficit will be
transferred tolfrom th¢ general purposes fund when the designated fund is closed.
Restricted Funds are funds subject to specific re$tri¢tions imposed by donors or by the
purpose of the appeal. The purpose and use of designated and restricted funds is set out
in the notes to the financial statements.
(k) FIDaDeial IDstrumeDts
The charity only fllmncial assets and financial liabilities of a kind that qualify as basic
fmaneial instruments. Basic financia] instruments ar¢ initially recognised at transaction
value and subsequently measured at their settlement value with the exception of bank
loans which are subsequently m¢asured at amortised cost using the effective interest
method.
O) Slgnificant Judgements and EstlmAtes
Preparation of the financial statements may rquire the truste￿ to make significant
judgements and estimates. There are no items in the financial statements where
judgements and estimates would have a significant eff￿t on amounts r￿Ognised in the
financial statements.

Page 16
THE VEDIC SOCIETY OF soufHAMIryON
NOTES TO THE FINANCIAL STATEMENTS
(coNrJNUED)
FOR THE YEAR ENDED
31 ocfoBER 2024
DONATIONS AND LEGACIES
2024
Unr¢8trffi¢ted Restrleted TotAI
Funds
Fund$
Funds
2023
Total
Fund8
Donations: General
Gift Aid
102.750
7281
102,750
7,281
96,105
1,442
Total Donatlons Reeelved
£110,031
£- £110,031 £97.547
In 2023 the donations and legacies rweived of £97547 were unr¢stri¢ted.
There weff no donated services and facilities receivable which ￿Uld be quantified in the year
(2023 - £nil).
OTHER TRADING ACTtVlTILS
2024
UDrestrlcted Restrleted Total
Funds
Funds Fund$
2023
Total
Funds
Festival events and other activities
Car parking
Subscriptions
Service Occupan¢y
Music lessons
48.378
10.171
860
5.100
48,378
10,171
860
5.100
43,038
41.877
244
5,100
328
Total Otber Tradlng Actlvldes Income Ree¢lved £64.509
£64,509 £90,587
In 2023 the income from other trading activities of £90.587 w&8 unrestricted.

Page 17
THE VEDIC SOCIETYOF SOUTHAMPTON
NOTES TO THE FINANCIAL STATEMENTS
(coiYrllyuED)
FOR TIIE YEAREIWED
31 ocfoBER 2024
INVESTME￿ INCOME
2024
Unrestricted Re8trieted Total
Funds
Funds
Funds
2023
Total
Funds
Bank interest
4.428
4,428
553
Total IDveJtment Ineome
£4.428
£A,428
£553
In 2023 invesknent income of £553 was UDttstricts
ANALYSIS OF EXPENDITURE ON RAISING FUNDS AND CHARITABLE
A￿]VITIEs
2024
Totsl
Wonblp Funds
2023
Total
Funds
Staff costs
Festival events and other activilies, expenses
Premises
Repairs and renewals
Donations
Support ¢osts
Governance costs
27,324
39,957
29,699
24,339
1,500
17,836
3,994
27.324
39,957
29.699
24,339
1.500
17.836
3,994
23,102
33.717
38,333
53.962
16,171
2.359
£144.649 £144,649 £167,644
In 2023 expenditure on charitable activities of £167,644 w&$ unrestrided.
ANALYSIS OF SUPPORT AND GOVERNANCE COSTS
The charity identifies the costs of its support functions. It then identifies those costs which
relate to the governance function. Having identified its governance costs, the remaining support
costs together with the governance ￿sts are apportioned between the two key activities
undertaken (see note 5) in the year. Refer to the tsble below for the basis for apportionment
and the analysis of support and governanc¢ costs.

P¥dge 18
THE VEDIC SOCIETY OF SOUTHA￿0￿
NOTES TO THE FINANCIAL STATEMENTS
(cowriNUED)
FOR THE YEAR ENDED
31 ocfoBER 2024
ANALYSIS OF SUPPORT AND GOVERNANCE COSTS (CONTINUED)
General
Support GovernaDee
Total
Basts of
Funds Apportionment
Communications
General office
Depreciation
Independent Examiner's fees
Legal* professional and licence fees
547
2.839
14,450
547
2,839
14.450
960
3,034
Staff Time
Staff Time
Usage
Governance
Governance
960
3,034
£17.836
£3,994
£21.830
ANALYSIS OF ￿rAFF COST& TRUSTEE REMUNERATION AND EXPENSES
2024
2023
Priesvs salary and cover
Employer's P¢nsion Contribution
26,829
495
22,702
400
£27J24 £23,102
The averdge number of employees during the year was
No employee received emoluments of more than £60,000 duting the year (2023 - none).
No payments were made to trustees by way of remuneration or expens￿ during the year
(2023 - £nil}.

Page 19
THE VEDIC SOCIETY OF so￿HAmEfON
NOTES TO THE FINANCIAL STATEMENrs
(Co1￿1NUED)
FOR THE YEAR ENDED
31 OCTOBER 2024
TAIYGIBLE FIXED ASSETS
Krishna
Freebokl Statue &
Land & Community ShriDe
Building
Buildlngs
Hall Ornaments Improvements Total
C￿t or Valuation
At l Nov¢mb¢r 2023
Additions
R¢valuatioDs
123.132
212,526
78,415
43.348 457.421
16,770
16,770
At 31 October 2024
123,132
212,526
78,415
60.118 474,191
DeprttiatioD
At l November 2023
Depreciation charge for the year
14,450
14,450
14,450
14.450
At 31 October 2024
28.900
28,900
Net Book Valu
At 31 October 2024
£123,132 £212,526 £78,415 £31218 £445,291
At 31 October 2023
£123.132 £212,526 £78,415 £28,898 £442,971
No depreciation has been Charged on the freehold land and buildings, Community Hall, Krishna
statue and shrine ornaments as they are deemed to have an indefinite expe¢t¢d useful life and the
depreciation charges would be immatrrial.
Durin8 the year ended 31 October 2023, the ￿lshna slatu¢ and shrine ornaments wete revalued
from the historical cost of £11165 to £78,415. The trustees Etlieve the valu¢ of these fixed assets
to be not l&%s than the net LM)ok value shown in thes¢ financi81 statements.

Page 20
THE VEDIC SOCIETY OF soufHAMYfoN
NOTKS TO THE FINANCIAL STATEMENTS
(CONfllYuED)
FOR THE YEAR ENDED
31 o￿oBER 2024
FIXED Assrrs AIyDGRA￿s RECEIVED
(i) Southampton Clty Coundl
An Urban Aid Grant amounting to £30202 was received durlng an earlier year in Tespe¢t of
the building of the Temple. In the event of the disposal of the freehold propety, 8113ths of
the proceeds arc rq)ayabl¢ lo Southampton City Council who hold a charge on the title lo
the land on which the Temple is built.
(ii) A grant w&$ r¢¢¢iv¢d from Southampton Cty Council of £20,000 during an earlier year for
the Temple Community Hall and has been ￿ed forthe hall and hhs been transferred to fixed
&8sets. There is a specific chBrge by the City Council on the use of the hall by them for ten
(iii) Grants received from Hamp5hirc County Council ond Southampton City Council amountin8
to £16,000 have been transferred to fixed assets during an earlier year on th¢ commenLwnent
of building work on the Community hall.
(iv) A grant V￿5 rweived during an earlier year from the Single Reg¢neration Board amounting
to £13,000 towards the building costs of a new boundary wall. This amount h&8 been used
to make a p￿ payment towards the building costs.
10. DEFfoRS
2024
2023
Gift Aid
Prepayments
l6,384
3,667
19,782
2,927
£20,051 £22,709
I I. CASH AT BANK AND IN HAND
2024
2023
Current accounts
Dqx)sit ac¢owits
127,644 226.129
221,128
86,700
£348,772 £312,829

Page21
THE VEDIC sOc￿Ty OF SOUTHAMPTON
NOTKS TO THE FINANCIAL STATEMENTS
(cON[￿lED)
FOR THE YEARENDED
31 OCTOBER2024
12. CREDrroRS: Amounts falllng due within one year
2024
2023
Accruals
Social Security and other taxes
8,788
307
ioi
7,828
82
£9,196
£7.910
13. FINANCIAL INSTRUMENTS
Fin4nciai instruments rne￿ at arnortised cost comprise the following:
21J24
2023
Financial &55ets that are debt instruments
Financlal liabiliti¢s that ar¢ debt instruments
8.889
7,910
14. ANALYSIS OF NET ASSETS BETWEENFUNDS
Unrestricted Reytrieted Total
Funds
Funds
Funds
Tangible fixa &8sets
CU￿ent assets
Current liabilities
445,291
365,306
(9,196)
445291
3,517 368,823
(9,196)
Net assets at 31 October 2024
£801.401
£3,517 £804.918

Page 22
THE VEDIC SOCIETY OF SOUTHAMPTON
NOTKS TO THE FINANCIAL STATEMENrs
(CONfiNUED)
FOR THE YEAREIYDED
31 ocfoBER 2024
15. ANALYSIS OF CHARITABLE FUNDS
In￿mIng OutgoiDg
At
01.1123 Ruources Regourees 31.1024
Anatysis of Movement$ lfj Unrestrl¢ted Funds
General fimds
RevaIuation reserve
700.832 178,968 144,649 735,151
66250
66.250
TotAI Unr¢Jtrlct¢d Fund8
767,082 178,968 144.649 801.401
Anatysls of Movements fjn ReJlrl¢ted Fund$
Garden Project
Philippines Fund
1,937
1.580
1,937
1,580
Total RutrA¢t¢d Fundg
3.517
3,517
Total Fund$
£770,599 £178.968 £144,649 £804,918
Unre8trleted Funds
Unrestricted Funds eomprise those funds which the ttwtees are free to use in accordance with the
¢lJaritable objects.
Restrleted Funds
Restsicted Funds are funds which have been given for a particular purpose or project.
The Garden Proj¢ct Fund has been set up for an appeal for the garden project at the front of the
Temple building.
The Phiiippines Fund is a special fund which was coll￿ted in 2014115 forthe victims of a typhoon
in the Philippines. The funds were sent to Médecins Sans FD)ntières IMSF) but they were not
expended by MSF. The tn￿te￿$ have therefore included the income colleLted from the appeal as
a restricted fund pendin8 a decision as to how the fLmds to be used.
16. RELATED PARTIES
There have been no traLwtions with related p8rtie5 dwing the year (2023 - £nil).

Page 23
(CONF￿)
FOR THE YEAR ENDED
31 ocfoBER 2024
17. TAXATION
The s￿iety is a registettd ckwity an(L accordin￿. is exempt from ta￿￿10n on its income and

THE FOLLOWING PAGES
IIRE FOR
MANAGEMENT PURPOSES ONLY

Page 24
FOR THE YEARENDED
31 ocfoBER2024
2024
2023
COME
Voluntary In¢om¢
Donations: General
Gift Aid
102.750
7.281
96,105
1.442
IDvestrnent ID¢ome
Bank interest
4.428
553
Cbaritable Aelivilies
Festival events and otheraclivities
Subscriptions
Car parkin8
Service Occupancy
Music lesso￿$
48.378
860
10,171
5,100
43.038
244
41,877
5,100
328
TOTAL INCOME
£178.968 £188.687

Page 25
31 ocfoBER 2024
2023
ExPEND￿URE
ChArltable AetivitK8
Prieses salary
Priest's pension
Festival events and other activities. expenses
Light and heat
Watrr rates
Refuse colledion
26,829
495
39.957
13.251
2,790
2,160
24,339
2.928
8,570
1.500
22,702
33,717
23,789
3,707
2,584
53,962
2,761
5.492
Donations
122,819 149.114
Support and GovernaDee Costs- Charilxble A¢lfvitieJ
Telephone
Independent Examiner's fees
Legal) professional and licence fees
Printing, stationery and computers
Depreciation
547
547
828
1.531
985
14.450
189
3,034
1618
14,450
221
21,830
18.530
£144.649 £167.644

Page 26
THE VEDIC SOCIETY OF SOUTHAMFfoN
REsT1U￿ED FUNDS
FOR THE YEAR ENDED
31 OCTOBER 2024
2024
2023
GARDEN PROJECT
Donations received blf
1,937
1.937
BALANCE AVAILABLE FOR THE PROJECT
1,937
1,937
Donations received blf
1,580
1,580
BALANCE AVAILABLE FOR THE FUND
l580
1.580
TOTAL RESTRicfED FUNDS
£3,517
£3,517