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|Trustees||Dr Venkata Mudigonda|Dr Venkata Mudigonda|||||
|---|---|---|---|---|---|---|---|
|||Dr Kirankumar
Patel||||||
|||Prof. Jagannadha
Pavan Tamvada|||(Appointed|2April 2(l|23)|
|||Mr. Khushal
Jethvvani||||||
|||Ms. Subothini
Gunasegaram|||(Appointed|10NoveIn|ber 2022)|
|||Mr. Rajiv Kundra|||(Appointed|10Noveln|ber 2023)|
|Chairman||Dr Venkata
Mudigonda||||||
|Secretary||Dr Kirankumar
Patel||||||
|Treasurer||Dr Kirankumar
Patel||||||
|Charity number||278481||||||
|Principal address||125Wood Street||||||
|||London||||||
|||EC2V 7AW||||||
|Independent|examiner|Yashlal P Hindocha,|BA, FCA|||||
|||Hindocha
8 Co Limited||||||
|||Chartered Accountants||and Statutory|Auditors|||
|||34 Queensbury
Station||Parade||||
|||Edgware||||||
|||Middlesex||||||
|||HA8 5NN||||||
|Bankers||Barclays Bank Pic||||||
|||Leicester||||||
|||LE872BB||||||
|||Bank ofBaroda||||||
|||32 City Road||||||
|||London, EC1Y2BD||||||
|Solicitom||Penningtons
Manches||LLP||||
|||125Wood Street||||||
|||London, EC2V7AW||||||
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||||Page|
|---|---|---|---|
|Trustees|report|||
|Independent
examiner's
report||||
|Statement|offinancial|activities||
|Statement|offinancial|position||
|Notes tothe financial||statements||
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|Expenditure|on charitable|on charitable|on charitable|on charitable|activities||Unrestricted|Unrestricted|Unrestricted|Unrestricted|Restricted|Restricted|Restricted|Total|Total||Total|Total||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Funds||||Funds|||2023|||2022|||
|Grants to institutions||||||||||||||||||||
|Medi - Care||||||||||||22,587|||22,5|7||39,203||
|Edu - Care||||||||||||8,142|||8,1|2||14,767||
|Socio - Care||||||||||||13,275|||13,2|5||2,101||
|Eco - Care||||||||||||||||||10|000|
|Disaster emergenc||fund||||||||||13,392|||13,3|2||165,000||
|Hospice at Skanda Vale||||||||55,000|||||||55,0|0||||
|Aqua - Care||||||||||||||||||1,350||
|General maintenance|||and|other expenses|||||||||118||1|8||||
||||||Total|(A)||55,000||||57,513|||112,5|3||232,421||
|Governance|Cost|||||||||||||||||||
|Depreciation|and impairment||||||||625||||||6|5|||753|
|Le ai and professional|||fees|||||||||||||||||
|General maintenance|||and|other expenses|||||8,661||||||8,|1||1,113||
||||||Total|(B)||9,286|||||||9,2|||1,866||
|Grants and|Governance|||Cost (A+B)||||64,286||||57,513|||121,79|||234,287||
|Independent|Examination|||||||||||||||||||
|The independent
examiner,
Mr. Yashlal
charged any fees to the Trust.||||||P Hindocha|||of Hindocha|||&|Co Limited||as pe|previous||years has nol||
|Trustees||||||||||||||||||||
|||||||||||||||||'||||
|None of the Trustees|||(or any persons|||connected||with||them) received any remunera||||||on|or benefits||from the|
|trust during the year.||||||||||||||||||||
|Employees||||||||||||||||||||
|The average|monthly|number|||ofemployees||during|the||year|was:|||||||||
||||||||||||||||||2023||2022|
|||||||||||||||||umber|||Number|
|Total||||||||||||||||||||
|There were no employees
whose annual||||||remuneration||||was|more|than f60,000||||||||
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|Taxation
|||||||||
|---|---|---|---|---|---|---|---|---|
|The charity is exempt
252 ofthe Taxationof|from tax on
Chargeable|income and gains falling within section 505ofthe
Gains Act 1992to the extent that these are applied||axes Act 1988or section
to its charitable objects.
't|||||
|Intangible
fixed assets||||||||Patents|
|||||||||6|
|Cost
At 1 May 2022 and 30April 2023||||||||2,347|
|Amortisation
and impairment
At 1 May 2022
Amortisation
charged for the year||||||||2,112
235|
|At 30April 2023||||||||2,347|
|Carrying
amount|||||||||
|At 30April 2023|||||||||
|At 30April 2022||||||||234|
|Property,
plant and|equipment|Land and
buildings|Plant and
taachinenr||ixturea,
ttinga 8
F
6|||Total|
|||||ett||uipment|||
|Cost|||||||||
|At 1 May 2022||450,000|16,131||||3,402|469,533|
|At 30April 2023||450,000|16,131||||3,402|469,533|
|Depreciation
and impairment
At 1 May 2022
Depreciation
charged
in the year|||14,688
361||||3,289
28|17,977
389|
|At 30April 2023|||15,049||||3,317|18,366|
|Carrying
amount
At 30April 2023||450,000|1,082||||85|451,167|
|At30April 2022||450,000|1,443||||113|451 556|
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||Other investments|compdse:|||Notes||E|E|
||Investments
in subsidiaries||||19||||
||The subsidiary
proet/(loss} for the year is covenanted||||to the Trust and transferred|oveI.|||
|15|Trade and other|receivables|||||||
||||||||2023|2022|
||Amounts
falling|due|within|one year:|||E|E|
||Amounts
owed by|subsidiary||undertakings|||28,668|28,eee|
||Other receivables||||||11,671|10,989|
||||||||40,339|39,657|
|18|Current liabilities||||||||
||||||||2023|2022|
||||||||E|E|
||Other payables||||||955|955|
||Accruals and deferred||income||||10,818|10,818|
||||||||11,773|11,773|
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|17|Analysis of net assets|between funds
Unrestricted
funds|Restricted
funds|Total|Unrestricted
funds|estricted
funds|Total|
|---|---|---|---|---|---|---|---|
|||2023|2023
6|2023
f|2022
6|2022|2022|
||Fund balances at 30|||||||
||April 2023are|||||||
||represented
by:
Intangible
fixed assets||||234|||
||Property,
plant and
eauipment
Investments
Current assets/(liabilities)|451,167
1
1,283,453|1,557,142|451,167
1
2,840,595|451,556
1
1,330,761|1,541,345|451,556
1
2,872.106|
|||1,734,621|1,557,142|3,291,763|1,782,552|1,541,345|3,323.897|
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2023|2023|2023|2022|2022|2022|
|||Notes|6|6||6||f.|
|~lgonts fxtim:
Donations and legacies
Charitable
activities|||4,826|130
69,622|4,956
69,622|7,414|600
214,566|8,014
214,566|
|Investments|||13,918|3,556|17,474|11,109|345|11,454|
|Other income|||(2,388)||(2,388)|942||942|
|Total income|||16,356|73,308|89,664|19,465|215,511|234,976|
|~~ni~K
Charitable
activities||7|64,286|57,513|121,799|2,611|231,676|234,287|
|Net (expenditure)fincome||for|||||||
|the yearl
Net movement|in funds||(47,930)|15,795|(32,135)|16,854|(16,165)|689|
|Fund balances
2022|at 1 May||1,782,552|1,541,346|3,323,898|1,765,698|1,557,510|3,323,208|
|Fund balances
April 2023|at30||1,734,622|1,557,141|3,291,763|1,782,552|1,541.345|3,323.897|
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