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|Contents||Page|
|---|---|---|
|Trustees Report||1-22|
|Auditors
Report .||23-26|
|Statement ofFinancial|Activities .|27|
|Balance Sheet|||
|Statement ofCash Flows.||29|
|Notes to the Financial|Statements|30-37|
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|Charity Name:|Charity Name:||Brahma Kumaris World|Brahma Kumaris World|Spiritual University|(UK)|
|---|---|---|---|---|---|---|
|Charity Numbers:|||269971
—England||and Wales||
||||SC040512
—Scotland||||
|Trustees:|||Mahesh Patel||||
||||Ratan Thadani||||
||||Sanjay Tulsidas||||
||||Govind Vaswani||||
||||Girish Wadhwani||||
|Secretary:|||Kim Lewis||||
|Registered|aud Administrative|Office:|Global Co-operation|House|||
||||65-69Pound Lane||||
||||London NW10 2HH||||
|Banker:|||HSBC Bank Plc||||
||||584 High Road, Wembley||||
||||Middlesex
HAO 2DB||||
|Legal Advisers:|||Anthony
Collins Solicitors LLP||||
||||134Edmund
Street||||
||||Birmingham
B32ES||||
||||VWV Solicitors||||
||||Second Floor, 3 Brindley Place||||
||||Birmingham
B12JB||||
|Auditor:|||Statutory Auditors LLP||||
||||Avar Suites, Building|3,North London Business Park|||
||||Oakleigh Road South||||
||||London Nl 1 1GN||||
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|Course Title|Course Title|England &Wales|Scotland|
|---|---|---|---|
|Raja Yoga||4,625|59|
|Positive Thinking||1,620||
|SelfEsteem||1,024||
|Stress-Free|Living|1,134||
|Overcoming|Anger|614||
|Total||9,017||
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|||||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|Funds|Funds|
||||||Note|2021|2021|2021|2020|
|INCOMNG RESOURCES||||||||||
|Voluntary
Income||||||||||
|Donations||||||1,930,340|1,929,046|3,859,386|2,929,623|
|Legacies|||||||81,555|81,555|132,774|
|Taxrefunds
on Gift Aid||Donations||||81,642|244,727|326,369|443,916|
|Activities to Generate|funds|||||||||
|Investment
Income|||||||76,699|76,699|87,501|
|Other Income|||||||617,916|617,916||
|Net Incoming resources|||available|for charitable||2,011,982|2,949,943|4,961,925|3,593,814|
|Application||||||||||
|Charitable
Activities|by|objective:||||||||
|Regular Discourses|||||||('912,593)|(912,593)|(800,821)|
|Lectures &Seminars|||||||(648,957)|(648,957)|(569,473)|
|Religious FestivaI &Special Events|||||||(223,077)|(223,077)|(195,756)|
|Retreats|||||||||(25,366)|
||||||||(1,784,627)|(1,784,627)|(1,591,416)|
|Governance
costs|||||||(275,632)|(275,632)|(86,016)|
|Total resources
expended|||||||(2,060,259)|(7,060,259)|(1,677,437)|
|Transfers||||||( 1,841,198)|1,841,198|||
|(Deficit) / Surplus in|the||year|||170,784|2,730,882|2,901,666|1,916,382|
|Income and expenditure||brought||forward||410,239|18,781,864|19,192,103|17,275,721|
|Funds carried forward||||||581,023|21,512,746|22,093,769|19,192,103|
|Revaluation
reserve|||||||1,161,382|1,161,382|1,161,382|
|Accumulated
fund carried forward||||||581,023|22,674,128|23,255,151|20,353,485|
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|||Note|2021|2020|
|---|---|---|---|---|
|Fixed Assets|||||
|Tangible assets||4|17913683|162D2,780|
|Current Assets|||||
|Debtors|||110,269|109,870|
|Cash at bank|and in hand||5,231,199|4,040,835|
||||5 341468|4 1507DS|
|Net Current|Assets||5 341468|4.150705|
|Total Assets|Less Current Liabilities||23 255 151|20,353,485|
|Represented|by:||||
|Accumulated|Funds||||
|Unrestricted|funds||22,674,128|19,943,246|
|Restricted funds|||581,023|410,239|
|Total Funds||6|23 255,151|20 353.485|
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||||||Notes|2021||2020||
|---|---|---|---|---|---|---|---|---|---|
|Cash flows from|operating|activities||||||||
|Net cash provided|by operating||activities||||2,866,538||2,282,242|
|Cash flows from|investing|activities||||||||
|Investment
income||||||76,699||87,501||
|Purchase offixed assets||||||(2.568,300)||(3,786,736)||
|Sale offixed assets||||||815,427||190,673||
|Net cash used in|investing|activities|||||(1,Ci7Cii174)||(3,508i5(i2)|
|Changes
in cash|and cash|equivalents||in the year|||1,190,364||('1.226,320)|
|Cash and cash equivalents||at|beginning|ofthe year|||4,040,835||5,267,155|
|Cash and cash equivalents||at|the end ofthe year||||5,231,199||4,040,835|
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|Regular Religious Discourses|45%|
|---|---|
|Lectures, Seminars &Courses|32%|
|Religious Festivals &Special Events|— 11%|
|Governance|12%|
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|Freehold properties|2.5%on cost|
|---|---|
|Leasehold properties|over period oflease|
|Furniture
fittings and equipment|10%on cost|
|Computers|33.33%on cost|
|Motor vehicles|20%on cost|
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||Regular|Lectures &|Religious
Festival|&|Retreats|Governance|Total|Total|
|---|---|---|---|---|---|---|---|---|
|Charitable
Activity|Discourses|Seminars|Special Events||||||
||||||||2021|2020|
|Rent Rates &Water|182,581|129,834||44,630||48,688|405,733|375,253|
|Electricity, fuel and gas|85,759|60,984||20,963||22,869|190,575|171,356|
|Insurance|39,477|28,073||9,650||10,527|87,727|94,735|
|Telephone &Fax|11,836|8,417||2,893||3,156|26,302|33,364|
|Printing &Stationery|3,615|2,571||884||964|8,034|16,269|
|Miscellaneous||||||||(16)|
|Motor &.Travel|42,447|30,185||10,376||11,319|94,327|76,875|
|Tfalil illg||||||1,374|1,374|179|
|Repairs &Maintenance|153,358|109,055||37,488||40,896|340,797|210,040|
|Hire ofEquipment|12,069|8,583||2,950||3,219|26,821|18,738|
|Kitchen &Catering|33,611|23,901||8,216||8,963|74,691|54,736|
|Garden expenses|1,227|873||300||327|2,727|4,027|
|ITCosts|47,752|33,957||11,673||12,734|106,116|98,697|
|Advertising
/ Promotion|1,912|1,360||467||510|4,249|8,972|
|Legal &Professional||||||21,814|21,814|54,599|
|Audit||||||6,000|6,000|6,000|
|Bank Charges||||||3,086|3,086|2,358|
|(Profit)/Loss
on disposal||||||||(190,673)|
|Depreciation|296,949|211,164||72,587||79,186|659,886|641,923|
||912,593|648,957|223,077|||275,632|2,060,259|1,677,432|
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||Freehold|Leasehold|Furniture|Computer|Motor|Total|
|---|---|---|---|---|---|---|
||Properties|Property|Fittings &||vehicle||
||||Equipment||||
|Cost:|||||||
|At 1 January 2021|14,861,542|11,155,965|1,645,366|382,363|158,064|28,203,300|
|Additions
during the year||2,427,303|140,997|||2,568,300|
|Disposals in the year|(346,466)|||||(346,466)|
|At 31December 2021|14515076|13583 268|1 786 363|382363|158064|30425 134|
|Depreciation:|||||||
|At 1 January 2021|8,031,587|1,990,076|1,461,749|374,591|142,517|12,000,520|
|Charge for the year|361,845|237,916|47,821|5,498|6,806|659,886|
|Disposals
in the year|(148,955)|||||(148,955)|
|At 31 December 2021|8,244,477|2,227,992|1,509,570|380,089|149,323|12,511,451|
|Net book value:|||||||
|At 31 December 2021|6270,599|11355276|276 793|2274|8 741|17913683|
|At 31December 2020|6 829,955|9 165 889|183617|7 772|15547|16202 780|
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|5.Debtors||||
|---|---|---|---|
|||2021|2020|
|Other debtors||399||
|Prepayments|and accrued income|109,870|109,870|
|||110,269|109,870|
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|6.General|Fu|nd||||||
|---|---|---|---|---|---|---|---|
|||||Restricted|Unrestricted|Total|Total|
|||||Funds|Funds|Funds|Funds|
|||||2021|2021|2021|2020|
|Balances brought||forward|at start ofthe year|410,239|18,781,864|19,192,103|17,275,721|
|Net (outgoing)/incoming|||resources for the year|2,011,982|889,684|2,901,666|1,916,382|
|Balances carried||forward|at end ofthe year|2,422,221|19,671,548|22,093,769|19,192,103|
|Transfers||||(1,841,198)|1,841,198|||
|Revaluation|reserves||||1,161,382|1,161,382|1,161,382|
|Accumulated|funds carried forward|||581,023|22,674,128|23,255,151|20,353,485|
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||||Balance at|Movements|Movements|in|2021|Balance at|
|---|---|---|---|---|---|---|---|---|
||||1.1.21|||||31.12.21|
|||||Incoming|Outgoing||Trans fers||
|Restricted|funds||||||||
|Global Retreat Centre plumbing|||410+39|2,011,982|||(1,841,198)|581,023|
|and refurbishment||project|||||||
|Total Funds|||410439|2,011,982|||(1,841,198)|581,023|
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|||||||2021||||2020||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Restricted||Unrestricted|Total||Restricted|Unrestricted|Total|
|||||||||||E||
|Tangible fixed assets||||||17,913,683|17,913,683|||16,202,780|16,202,780|
|Net current|assets||||2,422,221|2,919,247|5,341,468||410,239|3,740,466|4,150,705|
|Net assets|||||2,422,221|20,832,930|23,255,|151|410,239|19,943,246|20,353,485|
|(c) Detailed comp aratives|||for the statement|||offinancial activities||||||
|||||||||Restricted||Unrestricted|Total|
||||||||||Funds|Funds|Funds|
||||||||||2020|2020|2020|
|INCOMING RESOURCES||||||||||||
|Voluntary|Income|||||||||||
|Donations|||||||||1,272,327|1,657,296|2,929,623|
|Legacies||||||||||132,774|132,774|
|Tax refunds|on Gift Aid Donations||||||||247,749|196,167|443,916|
|Activities|to Generate|funds||||||||||
|Investment|Income|||||||||62,959|62,959|
|Other Incoming resources||||||||||24,542|24,542|
|Net Incoming resources|||available for charitable||||||1,520,076|2,073,738|3,593,814|
|Application||||||||||||
|Charitable|Activities|by|objective:|||||||||
|Regular Discourses||||||||||(800,821)|(800,821)|
|Lectures &Seminars||||||||||(569,473)|(569,473)|
|Religious Festival &Special||||Events||||||(195,756)|(195,756)|
|Retreats||||||||||(25,366)|(25,366)|
|Donations|to further specific|||projects||||||||
|||||||||||(1,591,416)|(1,591,416)|
|Governance|costs|||||||||(86,016)|(86,016)|
|Total resources expended||||||||||('1,677,432)|(1.677,432)|
|Trans fers|||||||||(2,490.140)|2,490,140||
|(Deficit) /|Surplus in|the|year||||||(970,064)|2,886,446|1,916,382|
|Income and|expenditure|brought|||forward||||1,380,303|15,895,418|17,275,721|
|Funds carried forward|||||||||410,239|18,781,864|19,192,103|
|Revaluation|reserve|||||||||1,161,382|1,161,382|
|Accumulated
fund carried||||forward|||||410,239|19,943,246|20,353,485|
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|At 31December 2021 the charity had total co
leases as follows:|mmitments
under non-cancellable
operating|mmitments
under non-cancellable
operating|
|---|---|---|
||Land 4 Buildings||
||2021|2020|
|Expiry date:|||
|Within one year|260,164|259,498|
|Between two and five years|581,590|675,176|
|In over five years|644,732|937,360|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|Net income/(expenditure)|||for the reporting||period|2,901,666|1,916,382|
|Depreciation
charges||||||659,886|641,923|
|Investment
income||||||(76,699)|(87,501)|
|Profit Rom sale of|assets|||||(617,916)|('190,673)|
|Decrease/(increase)||in debtors||||(399)|2,111|
|Net cash provided|by|operating||activities||2,866,538|2,282/42|
|||As at 01.01.21|Cash flows|As at31.12.21|
|---|---|---|---|---|
|Cash|at bank and in hand|4,040,835|1,190,364|5,231,199|
|Total|cash and cash equivalents|4,040,835|1,190,364|5,231,199|
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