2023-12-31-accounts - Brahmarishi Mission

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BRAHMARISHI MISSION

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Page
1	Legal and Administrative information
2-4	Trustees’ Report
6	Statement of Financial Activities
7	Balance Sheet
8	Notes to the Financial Statements
9	Accountant’s Report

BRAHMARISHI MISSION

LEGAL AND ADMINISTRATIVE INFORMATION

Registered Charity No: 278847 Principal Office: 278 Heston Road Middlesex TW5 0RT Bankers: HSBC Bank Independent Examiner: Mr Anand Mohan Innovative Accountants Ltd 90 Bedfont Lane Bedfont TW14 9BP .

BRAHMARISHI MISSION

TRUSTEES’ REPORT at 31 DECEMBER 2023

TRUSTEES

The trustees who were acting from the beginning of the year were;

 Manoj Bhardwaj
 Rajinder Mair
 Satish jain
 Rajeev Sharma

There were no changes during the year and acting trustees are as below.

 Rajinder Mair
 Satish Jain
 Manoj Bhardwaj
 Rajeev Sharma

OBJECTIVES

Governing Document

The charity’s governing document is a Trust Deed dated 7th December 1979

A constitution elaborating on this document was passed at a meeting of the trustees on 7th December 1979.

The object of the charity is to promote the study and practise of the Hindus religion, yoga and Hindu cultural activities, particularly, but not exclusively, according to the school of Hinduism, in the UK and elsewhere. The charity will also further the work in teaching Hinduism in the UK and elsewhere, as well as to provide facilities and assistance to the disciples and colleagues to study and practise Hinduism.

The Sarica Gupta makes final decisions over the operation of Brahmarishi Mission

ACTIVITIES IN THE YEAR

Donations from sponsors of £49,442.00 were received during the 2023 and gift aid of £11,593 were received during the year.

The Trust made a surplus of £ 1,076 in the year.

All potential risks to the Trust are kept under review. Management accounts are produced regularly and reviewed by the Treasurer and Trustees.

TRUSTEES’ RESPONSIBILITIES – in relation to the financial statements

Law applicable in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:

select suitable accounting principles and then apply them consistently.
make judgements and estimates that are reasonable and prudent.
state whether applicable accounting standards and statements of recommended practice have been followed.
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Trust will continue in operation.

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by on:

Approved by the Board of Trustees on: 17/09/2024

Signed by: R MAIR

Trustee

BRAHMARISHI MISSION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

2023 £ 11,593 49,442 327	£	2022 £ 11,262 29,376 60
61,362 60,286	58 600 1316 11585 1547 1046 272 1796 12000 6018	40,698 36,238

1,076		4.460

BRAHMARISHI MISSION

BALANCE SHEET AS ON 31 DECEMBER 2023

Fixed assets Property Brought Forward Investments Refurbishments in year Carried Forward Bank Balances	2023 2022 £ £ 185,445 185,445 25,000 - 185,445 - - 10,375 44,739
	220,820 230.184

Accumulated Fund

Brought Forward Surplus for year

The accounts were approved by the Trustees on: 17/09/2024

Signed by: R MAIR

(for & on behalf of the trustees)

BRAHMARISHI MISSION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1 ACCOUNTING POLICIES

a) Basis of preparation

The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), “Accounting and Reporting by Charities” published in March 2005 and applicable accounting standards.

b) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

c) Incoming resources

All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

d) Resources expended.

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with use of the resources.

Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

e) Transfers

No significant transfers to report.

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF BRAHMARISHI MISSION

I report on the accounts of the Trust for the year ended 31 December 2023, in accordance with the charity regulation 2008.

Respective responsibilities of trustees and examiner

As the charity’s trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 “the Act” does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act, whether particular matters have come to our attention.

The name of the charity and period by the accounts.-Brahmarishi Mission, Accounts for the year ended 31st December 2023
As the charity turnover is less than 250,000 and total assets are also less then 3.26M so the independent Audit of accounts are not required.
We follow the requirement of charity regulation 2008.

Basis of independent examiners’ report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.

Independent examiners’ statement

In connection with my examination, no matter has come to my attention:

1) which gives me reasonable cause to believe that in any material respect the requirements
to keep accounting records in accordance with section 41 of the Act; and
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

3) Sufficient accounting records have not been kept, or in the case of a charitable company that adequate accounting records have not been kept

Date: 17[th] September 2024

Signature