Charfty reglstratlon numbor 280019
DEVOTIONALASSOCIATES OF YOGESHWAR
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

DEVOTIONAL ASSOCIATES OF YOGESHWAR
LEGAL AND ADMINISTRATIVE INFORMATION
Tru¥tevs
8 J Patel
S Joshi
P Patel
A Tank
A D P8ntho
Charity numhr
280019
Rfrgl8tsrnd offlce
Yog8shwar House
6 Fairholme Road
Harrow
Middlesex
England
HA12TN
Audltor
LB Group Llrnlled IColchestef}
Thè Octagon
Suite E2, 2nd Floor
Mlddleborough
Colchesler
COI ITG

DEVOTIONALASSOCIATES OF YOGESHWAR
CONTENTS
Trustees report
Independent audllorfs report
Stalernent of flnanclal adivrt6e¥
Slatsm&nl of finandal po8lllon
Stslemenl of cash flows
No1&3 to the financlal slalernenl
9.15

DEVOTIONALASSOCIATES OF YOGESHWAR
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MAY2024
The trustees present Iheir annual report and financial s18ternents Ihe year ended 31 May 2024.
Thè finBnual ststÉm•nts havè bèÉn prèpared in 8¢cordance with the accounting polirAes set out in note 110 the
flnanBlal 51alernenls and CDrnply wRh the charilrfs deed of Irusl. the Charilles Act 2011 and 'Accounling 8nd
Reporting by Charities.. Slalemenl of Recommended Practice applicablè to charitiès prèp8ring their accounts in
aGcordance wllh the Flnancial Reportlng Standard applicable in the UK and Republlc tsf Ireland IFRS 102)"
{effective 1 J8nuary 20181.
Oblective8 and actlvltles
The oblectives of the charity are lo..
-Advanc8 aducalion in tha fiald of phlloso*]y. sodology, culture and rellgl¢n wllh Bpecrfic emphaEiS on the Vedgs.
- Advance Hlndu rallglon through the promollon of Vedlc phllosophy ènd cullurn.
Relieve poverty. slckness and the effects of natural or othei disasters.
Donate the nel Income of the Trust properties or any part IheTeof lo any charltable InsiTtutlon wilh any of the 6am8
or similar obj¢Gi8.
The truBteeB have paid due regaTd lo guldynce Issued by the Charfly Comm188ion In declding what actI￿lIeS the
charity should undertakè.
AchlevementB and p•rformanc•
Flnanclal Tevlew
11 Is Ihe policy of the charity lo maintain an unrestrfcled lund.. this Is tho free rgserve of tho charlty. The fund 19
mainlalned al a ￿Ve1 that provtdés 5uffid8nl funds to cover managemÈnl 8nd admlnlslrallon costs ol the charity lo
megl annual grant applleAllons. Unreslrlatad lun¢Js were m8lnl8lnéd al this level throughout the year.
In Order lo ach10￿ grfralgr off8cllvenos8 in aGhl8vlng th• ¥lated oblectl￿$, the TnJBlee8 ar8 of the oplnlon that it l¥
essenllal for th& charSty lo acqulre preml¥e8 In both London and Lelc*sler and Ihèy es1imBI8 the total cost for th9
o locallons lo bo five to SIX mllllon ppunds glerling. The property market is und8r r8v18w for prop8rtie8 In both
cllles 8uilable lo accDmtnDdate 400 lu SOO dgvotee8, wllh lacllilles lo conduGt classe5 for Chlldren and youth groups
and parking foT 200 vehicl&B.
The Trustees have a duty lo identify and Teview the Tisks lo which the charity l¥ exposed and lo ensure
appTopriatg controls are in place lo provide re8$onablg assurance against fraud and gi￿r.
The Trustees have examined the rnajor strategic, busines5 and operational risks Ihal tha charity face¥
and confimi that Ihefe are adequate procedures in place lo18ssen Ihese risks.
Plans for luturo porknds
The Twslees are happy lo report that after succes8fulty completing refL5rbishing of propety In Leicester al 3
Fullhur81AveNe, LE3 1 BL, no futher improvement was nece$68ry to both properUe5 In London and LeScesler.
The Trustees are also happy to report that Ihey have also continued to look for a suitsble land or property In the
Easl London areas lo seNe the needs of Hackney. Ilford. East Ham and Dggenham cenlres lo gccommodalg 200
devotees and car parking facilities for them.
The Trustee8' alm Is to accLunulale sufficient funds to be able to acqLMre such premises as and when they become
available. In pursuit of this obleclive, 811 delegates attending a￿1vIties. including volunt8ers, pay for Ihelr own travel,
bc*8rd and lodging expenses.
structure. governancg and management
The charity is controlled by 115 govprning document, a Deed of Trust, ond wnslitules an unlncorporated tharity.

DEVOTIONAL ASSOCIATES OF YOGESHWAR
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MA Y2024
The trustees VAJO served dumg the year and up to dale of signature of the f￿ancIal statements were..
8 J Patel
S Joshi
P Patel
A Tank
A D Pancholi
None of the trustees has any benefidal Intsresl in the company. All of the Iru51ee5 we members of Ihg compary and
guarantee lo contribute £1 in the event of a winding up.
The charity w8s eStsb￿shed by a Decl8r81ion of Trust dated 25 ApTiI 1980 and is a registered charity. It is govemed
by a B08rd ¢f Trustees which is responsible for 31rategic direc1ion of the organisalion and for establishing policy.
The Trustees ol the charity meet regularfy in order to carry out the above obleclive&
Statsment of trnste99 re5ponsibilitie$
Th& Iruslees are responsible for preparing the Twustee5 Report and the financlal slatem&nls in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom G?nerally Accepted Accounting
Practice).
The law applicable to tharilies in England and Wales requires the trustees lo prepare finan￿al ststements for ea¢h
financial year which give a true and fair view of the slate of affairs of the charity and of the incoming resources and
application of resources of the charity for that year.
In pfeparfng these financlal slatemenls. the trustees are requlred lo..
- select suitable accounting poliaes and then apply them conslstantly..
- observe the rnelhods and principles in the Charities SORP.,
make judgements and eslimales Ihat aro reasonabl¢ and prudent-.
slate whether applicable accounting standards have been followed, SLknject to any material departures dls¢losed
and explained in the financial statements,. and
prepare the financial slalements on the g)ing concern basis unless il is inappropriate to presume that the charity
will continue in operat￿n.
The Iruslees arè responsible lor keeping SLrffjeiènl accounting re¢ords that dlsclose with reasonable accuracy at any
lime the financial posilton of the charity and enable them lo ensure that the finan￿al statements cornply with the
Ch3ritiesAcl 2011, tha Charity (Accounts and Reports) Regulations 2008 and the provisions of th8 trust d8ad. They
grè also responsiblè for safeguardin9 the assets of the charity and hencè for taking rèasonab￿ st8ps for the
prevention and detection of fraud and other irregularities.
The
lees report wa8 approved by Ihe Board ofTnJstees.
A Tank
TNst8e
A D Pancholl
TN¥tse

DEVOTIONAL ASSOCIATES OF YOGESHWAR
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF DEVOTIONALASSOCIATES OF YOGESHWAR
Oplnlon
We have audited the fin￿￿81 statements of Devoth)nal Asso¢iates of Yogeshwar Ith8 '¢harty'l for the ygar ende(I
31 May 2024 which wmprise thè ststement of financial activi￿8. the ststement of financi¥l position. Ihp Ststement
of cash 11ows and notes to the finanual statèments. tnduding s1gnffi¢￿nt accountiThJ policie& The ffinancial reportiNJ
framework that has been aPFAted in Ihelr preparation 1$ appwle law and Unrted Kingdom Accounting Standards.
nduding Fin8ncial Raporting Siandard 102 Th8 finan￿81 Reporting Sland8rd a￿&blo in the UK and R￿￿b￿C ol
1rn18nd (United Kingd¢*n Genoraly A¢xeptedAcoJunlry P[￿*c￿l.
In our opiniw. thg financial statements..
give a true and fair Mew of the stsle of the charitys affatr$ a$ al 31 May 2024 gnd of its wjcomlng ￿SOurceS
and application of resources. for the year then ended.,
have been Pfoperty prepwed in accordan￿ with United Tr(ngdom G￿•TalY Ac£ept8d Arn)unting Practica:
and
have been prepared in a￿onI¥ne¢ with the requlwnwnts of Iho Charitlos Act 2011.
B•sl• for oplnlon
We Gonducled our audit in accordanc* vilh Intunalional Slandards on Audilng (UK) {ISAs IUIQ) and applicable
law. Our responsi￿￿￿eS under those Standards are furthef doscribgd in th& Audilorfs responsthllilies for the audit ol
th& fin8nual stalemenls seclion of our report. We are indeptsndenl of Iho chaflty In ac¢ordanco whh the elhlGal
requirements that are relevant lo our a￿￿1 of the finanaal slalements in the UK. including the FRC'S Ethlcal
starKlard, 8nd we have fulfilled our other elhlcal responsd)ilrfi&8 In accordancg wilh these requirements. beh'eve
that the audll evldence we havg 1)btsined 5$ and awoprlat• to pThld• a basls for our O￿nIon.
One￿510n• r•latlng to golng conc•rn
In audilng the financial statements, we have cxJndLKled Ihat the trustees use of thè gcing concem basls of
accoLmling In the prepwatKJn ofthe finanoal $tslements is 8pprowial&.
Based on the work we havè performed, wa hth I￿t identified any maknial un¢•rtainlKI8 i•latlng lo ev•nl8 or
condiiions that, indiwduAlly or collectwely, may Cast 8pJnrfi¢anl doubt on the charitys ability to continue a going
CfJncem for a period of al1ga¥t ￿ months Irom when Ihe finanool statèments ore guthoriMd for issu•.
Our r8sponsibililie8 and the respon￿bItIeS of tho trustees wilh re5peca to goiTr3 concem arè described kn Ihe
relevant sectlon$ of tr15 rewt.
Othor Informatlon
Tho other information comprf888 the ￿f￿rnal￿ Inclthd In the ￿nUal report other than the financial statements
and our audilorfs report Iheretsn. The Iruslees 8re respwslble for the other inlonnation contained within the annual
report. Our opinlon on the financAal statefnent5 does r￿1 I￿Ver Ihe other infomialion And we do not express any form
of assurancè ¢onduslon Iher¥on. Our re￿￿nsibl￿Y is to read the other informatlon and, in doing so. consid8r
whether th• olhor inlormalion is rnalerialty InCon￿Stent with Ihe f￿anrAal statements or our knowledgè obtsined In
the coursè of th8 audtt. or otherwise appea￿ to be maleiialy misslaled. If we identify such material inconsislet)des
or apparent material misslalemen¢s. we are requred to d8lerrTune wheU*r this gives rise lo a rnalerial misslatemenl
In lh8 financial statements Ihem8elves. If. based on the woth we have perfomiÈd, we concludè that th8ra Is a
malerlal mlsslalement ofthi5 Qther informalKJn, we 8re requirnd to report that facL
Wg have noltrmng to report in thls Tegard.
Matter8 on whlch we ar¢ requlred to roport by •x¢epUon
We have nothing te repcKt in respect of the follNing matters in relation lo which the Charities {ACt￿nts and
Reports) Regulations 2008 requ￿0 us to rewt to you if, in ryjr Op￿10n.
the information given in the ffftancAal staternenls is in¢onslslent kn any Mat￿la[ respect wlh the Iruslees
report., or
fficient accourrtN)g rets)rds halw nol been kept or
the financial statements are nol in agreement wilh the a%￿ntir￿j records. or
we have not recelbEd all the Info￿ation and ewanalons we rèquir8 for our audit.

DEVOTIONALASSOCIATES OF YOGESHWAR
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF DEVOTIONALASSOCIATES OFYOGESHWAR
Responslbllltles of trustses
As explained more fully in the ststemenl of trustees responsibilities. the trustees are responsible for the preparation
of the financial slalernents and for being 8atlsfied that they give a true and fair view, and for such internal control as
the truslees determine is nÈcèsBary to ènable the preparation of financial slalemenls that are free from material
nNsstatement. whether due to fraud or error. In prepating Ihp financial stalomenls, tho trustees are rF$ponsible f
assessing the charity's ability to continue as a going concern, disdosing, a5 applicable. matters rplaled lo goin9
C£Jncem and using the going concarn basis of accounting unless the tsu51ees either intend lo cease operatirjns. or
have no realistic allemalive bul lo do so.
Audltovg responslbllltles for the audlt of the flnanclal statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report In 8c¢ordance with the
Act and relevant re9￿at￿nS made or hawng efféct th8r8under.
Our objectives are lo obtain reasonable assurance about whether the financial Stslemenls as a whDle are free fiDWII
material misstslemenl, whether du8 lo ftaud or error, and to Issue an audilorfs report that includes our opinion.
Reasonable assurance is a high lèvèl ol assurancè but is not a 9uarantee that an audit conducted in accordan¢?
with ISAS (UK) will always detect a material misstaletnenl when il exists. Misslalements Can arise from fraud or
ermr and arè consid•r8d material if. Individualty or in the aggregate, they cwld reasonably be expeGled lo influence
the e¢>)n¢mic deasl¢ns of users lakgn on the basis of these finan¢ial slalemenls.
The extent lo wh¢ch our procedures are ￿pable of detecting irregulaiities, induding fraud, is detailed below.
Our approach to id8nlfying and assessing the ri8k5 of material wni851alemenl in respect of iriegularities, including
fraud and non-¢otnpliance wilh laws and regulations. was as follows..
The engagement partner ensured that the engagement team collectively had the appropriate cornpelence.
capabilitie5 and s￿115 to Identify or recognise non-compliance wilh applicable laws and regulations,.
We identified the laws and regulallons applicable to thè etharity through discussions with Irust8•s and ot￿r
management, and from our commèraal knowledge and expèriÈnce of thè charitiés sector.,
We focused on speafic laws and regulations which we considered rnay have a direBt material effect on the
financial statements or the operations of th8 company, including Charities Act 2011. taxation legislation.
data protection, anti-bribery, employment, enwronmentsl and he8Hh gnd safety legislation:
We assessed the extent of compliance with the law5 and regula*on5 identfieil above through making
enquiries of management and Inspec￿ng lègal eorrèspondènce- and
Identified laws and regulations were comwnuni¢2led within Ihg audrt team regularty and the team remained
alert to instanc8s of non-compliance throughout the audtt.
We assessed the susceptibility of the ¢h8rfty's financlal stsloments lo material rnisslatement. including obtaining an
understanding of how fraud might occur. by..
aking enquiriès of managamant as to where they considered there was susceptibifty lo frdud, their
knowledg& of actual. suspected and alleged fraud-, and
Considering th8 intemal controls in place lo millgale rfsks of fraud and nonrfompliance with law8 and
regulatlons.
To address the risk of traud Ihrough management bias and overrfde of controls, we..
PeTlormed analytical pioceduiFs to idenlfy any unusual or unexpected rÈlstionships',
Tested journal entries lo idenify unusual transactions.,
Re￿ÈwÉd tha intemal controls in place, specificalty around payrol and bank Iransact•Jns- and
Assessed whether judgements and assumptions made in d818rmining the accounting e5timale6 were
indicative of potenllal b18S.
Invostigaled the rationale behlnd significant or Lmusual transactions.
It) response to the risk of Irregularities and non-compliance with laws and regulations, we designed procedures
which included, bul were not limited to..
AgTeeing financial slalement thsdosurès to undèrlying supporting do¢urnenlalion-
Reading the minutes of meellngs of those charged with govemance-
Enquiring of managèment as lo actual and potential liligalion and daims., and
Rewewing correspondence with the charitys legal advisors.

DEVOTIONAL ASSOCIATES OF YOGESHWAR
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF DEVOTIONAL ASSOCIATES OF YOGESHWAR
A furiher description of our re5ponsibililiès Is 8V8ilable on the Finandal Reportlng Council's websile al.. https'.11
www.frc.org.uklaudilorsr8sponsibilrtie& This description forms part of our audil0rf5 report.
Your attendon Is drawn to the fact that the charity has prepared flnanclal 51alemenls In accordance with "A¢ctsunling
and R8POrting by Charities.. Slalemenl of Recommended Pracllce applicable lo charlties preparing their accounts in
accordance wllh the FSnandal Reportlng Standard appllcabl? in Ihfr UK and R&publlc of Ireland IFRS 1021" las
amended) in preference lo the ACcoun￿n9 and Reportlng by Charilles- Slalemenl of Recommended Practice issued
on 1 April 2005 which is referred lo in the extant regulations bul has now been withdrawn.
Th58 ha$ been done in order for tha financial sl8tements to prowde A Iwé and fair w8w in accordance wllh Gurrent
GenerallyAccepl8d A¢￿untIng Practke.
of our r•port
Thls report Is made solely lo the chanly's trustees, as a body, in acwrdanGe with part 4 of Ihe Charities lAc￿unIS
and Reports) Rggulatlons 2008. Our audlt work has been undertaken so that we mlghl slate lo the charitys Iru81ee8
th08e rnatter8 we are requlred lo 8lale lo them in an audilo¢s report and for no other purpose. To the fulle51 extent
permitted by law. we do not accept or asBume responsibility lo anyone other than th8 tharty and the charlt*8
Irusteo8 8$ 8 body, for our 8udil work, forthis report, or for the opinions wa have formed.
Ollv•i Whlt• IS•nlor Statutory Audltorl
for and on behalf of LB Group Llmlted IColcheJJt•r)
hart•r•d Accountants
statutory AudltOT
The Octag
Suite E2. 2nd Floor
Middleborough
Colchegler
C01 1TG
LB Group Limhad IColch8slèr) Is ellglbfe for 8ppoinlmenl as auditor of the charity by vlrtue of ils gligibllity for
appolnlmenl 88 audhor of a company under seclSon 1212 of the CompaniesAct 2QO6.

DEVOTIONALASSOCIATES OF YOGESHWAR
STATEMENT OF FINANCIAL ACTMTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MA Y 2024
Unrestricted Unrestrlctsd
funds
funds
2024
2023
Notss
Income from:
Donations and legacies
Investrnents
519.956
127.054
491,433
29,382
Totsl incomo
647.010
520,815
bla activi
ies
Governance Costs
47,811
35,421
Totsl charitablg oxpenditurè
47.811
35,421
Net Income forthe yearl
Net movament In funds
599.199
485,394
Fund balanc8s at 1 June 2023
5,932.637 5,447,243
Fund balances at 31 May 2024
6,531,￿6 6,932,637

DEVOTIONAL ASSOCIATES OF YOGESHWAR
STATEMENT OF FINANCIAL POSITION
ASAT31 MAY2024
2024
Flxed assots
Tsngibl8 asse18
1.195,180
1.197.005
CuThentass6ts
Stocks
Debtor5
Investments
Cash at bank oftd In hand
10
11
12
94.158
50.757
19,CX)O
5270,867
32.994
2.909
19.000
4.741.382
-4-,798..285-
Credltors: amounts f•lllnp du• wlthkn
13
198,126>
(10,653)
￿rTant assets
5,336.656
4.735,632
Total •888ts I•Bry currnnt11oblllll
6.531.836
5.932,637
Income fund•
Unrnstrlcted fvnd8- gonwBI
8.S31,836
5,932,637
6.531,836
5.932,637
Thg flnanclal Wgrn 4PPfDved byth?Tn￿I￿S an..
ATrnk
Tru8t•0
A D Paneholl

DEVOTIONALASSQCIATES OF YOGESHWAR
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MAY 2024
2024
2023
Notes
Cash flows fr¢m oporatlng actlvltig8
Cash generated from operation8
17
402.431
480.593
Invesllng actlvltles
Investm8nl income recelved
127.054
29,382
Not cash g•noratod fram inv•stlng
actlvltles
127.054
29,382
Net ca•h ujed In flnanclng J¢tlvltlg¥
Not InGreaw In ¢agh and ¢a•h •qulvalonts
529,485
509.976
Cash and cash equlvalenls at begknnlng ol year
4,741,382
4.231,407
Cash and co8h equlvalents at end oly￿r
5,270.867
4.741,382

DEVOTIONAL ASSOCIATES OF YOGESHWAR
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
Accountlng policies
Charlty Informatlon
Oevotlonal Assoclales of Yogeshwar Is an unlncorporaled charity registered in En￿and & Wales. The
regislered offic• is Yoge5hwar House. 6 Fairholme, Harrow, Middlesèx, HA12TN
The tharttl￿ prln¢lpal actlvS11os are dlsclosed In the Tru61ees' report.
1.1 Accountlng ¢onventlon
The financial statements hav8 bèen prepa￿d in accordanc8 with IhB charity'8 deed of trust, tho Charities Act
2011, FRS 102 'ThÈ Financial Roportlng Standard applicabl8 in the UK and Republlc of Ireland. I'FRS 102
and the Charltles SORP "Ac¢ounllng and Reporting by Charili8s= Slalemenl of Recofflfflended Practlce
appllcabl& lo charlUe5 prepadng Ihelr accounts In accordance with the Finandal Reporting Standard
applicable in the UK and Republlc of Ireland IFRS 102)" leffeclN& 1 January 2019). The charity is a Publlc
Benefit Enlily as defined by FRS 102.
The flnanclal stslemenls have depgrted from the Chafi1Ses (Accounts and Reports) Regulations 2008 only Ic¢
the extent required lo provide a true and lak Vlew. Th18 departure has Involved following th8 S181em8nl of
Recommended Practice for charities appI￿ng FRS 102 rather than the ver$lon ol the Slalem&nl of
Recomménded Practice whlch 18 referred to in Ihg Regulations bul whlch ha8 slnce beon wlU)drèwn.
Thè ftnAncl81 slalèrnenls are prepared In sterling, which 15 the luncllon81 currency ol the charlty. Monetary
amounts In th838 ffinancial 8talements ar8 rounded to the ne8rest £.
Tho ffinanclal statements have b88n pr8parod und•r the h15toric81 cost conv8nlion. Tho prlnclpal accounting
)lic185 adopted are s81 out below.
1.2 Golng cone•rn
The re8erve8 are al a lfrvel that can suslaln tha runnlng co8t8 for a perlod of in èxce8$ of12 monihs and on
that b83ls th8 charity18 a golng concem. There are no materi81 Un￿rtaInl188 regardlng golng concern.
1.3 Charltablfr fund•
Unr8strict8d funds ar8 av811gbl8 for use 91 th8 dlscretlon of Ihe Iruslee5 In fLWtherarKB of Ihetr charilablg
oblectSvès.
Restricted funds are subjecl lo specific conditions by donors as lo how they may b8 used. The purpo8e¥ and
uses of the reslricled funds are sel out in the notes to the finanaal slalemenls.
Endowm&nl funds are subject lo Spedffc condlllons by donors that the capllal mu81 be malntalned by the
tharily.
1A Incomg
Income is re￿gnised when the charity is legally enlilled lo it after any performance condition8 have been ffl81.
the amounts can be measur8d reliably. and it is probable that income will b8 r8ceiv8d.
Cash donations ale recogni¥ed on recelpl. Other donallons are re￿gnised once the charity has been no￿rIe[l
of the donallon. unless performance conditions requlre deferral of the 8mounl. Income lax recoverable
relation lo donations received under GiftAid or deeds of covenant is recognlsed al the Ilmè of the donatlon.
Legades are rgcognised on recelpt of ¢)therwise rf the charity has been nolffied of an impending distribution.
the arnDunt is known, and receipt is expeded. If the amount is not known, the legocy is treated as a
contingent asset.

DEVOTIONAL ASSOCIATES OF YOGESHWAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
Accountlng pollcle8
Icontlnuedl
1.5 Expenditur•
Expenditure is re￿gnIsed once there is a legal or constructive obligallon lo transfer aconomic benèfit to
third party. il is probable that a transfer of economi¢ beneflts wlll be rgqulr9d In solU8ment, and thè amount of
Ihe obligation can be measured reliably.
Expendllure Is oiassffled by aotSvliy. The costs of e8ch aclthty are made up of the lolal of direci costs and
shared costs, Including support costs Involved in undertaklng each activity. Direct costs 811ributabl& to a 8irigle
actiwty ara allocal8d dir8clly to that sctivity. Shared costs which contribute to more than one aclivlly and
8UPPOrt costs whlch are not attributable to 8 single acllvity are apporlioned be￿en those actiwties on a bas18
cons151enl wilh the usè of resources. Central staff cos15 ar8 allocaled on th8 bBsis of tsme 8penl. and
deprecl8tlon charges are allocaled on the portion of the ass8t's use.
l.fj Thnglble fix•d 188èts
Tangible fixed as8el8 are knlllally meAsured al cost and subsequenlly measured at ccsl or valuallon, net of
d8pr8clallon and any Imp8lrmgnl losses.
Depreciallon18 1?cognlsed 80 as lo write off the c061 or valuolion of 8$8o191988 Ihgir resldual Va￿e8 overthelr
U8eful Ilve8 on the followlng bases:
Freehold land ond buildlngs
Flxlur08 and fltting8
Nll charged as resldual value exceeds cost
169A reduclng bglgnce
The galn or loss ari$lng on the disposal of on asset is delemilned a8 the diffgrgnco between th8 s81& pro¢¢eds
and the carrying value of the as8&1, and18 fecognised in the slaiemenl ol flnanclal aclivilies.
1.7 ImpaSrnient of flxed asgets
At e8ch reportlng end dalè, the ¢harlly revlews Ihe carrylng amounlg ol Its langlblo asso18 lo dotermSn8
whèthèr ther• Is any indlcallon that those as$éls havè suff&r8d an Impalrm8nl loss. If any such Indlcalon
exlsls, the recoverable amount of the a8sel 18 eslimaled Sn order lo delermlne the extent of the impairment
loss lrfanyl.
1.8 stocks
Stocks are stsled 81 the lower of co$1 and eslimaled Belling price less c051s to cornplele and sell. Cost
comprf98s dlrgGI malerfa15 and, Whe￿ oppli¢able, direct labour co$ls gnd those overt)eads Ihat have been
Incurred in bringing Ihe stocks lo Ihelr pro9enl locallon and condllion. Il¢ms held for dl$lribulion al no or
nominal consideTalion are fflga8ur8d Ihe lower of replacement CO8t and cost.
N81 realisable value is the estimated selling PTice leBS all eBlimaled cost3 of cornplglion and cos18 lo be
Incurred in markellng, 80lllng and dlslrfbullon.
1.9 Cash and Cash equlvalgnts
Cash and cash equivalents include cash In hand, deposlts held at call wllh banks, other short-tem liquld
Inveslmènls wlh original maturitiés of three month5 or less, and bank overdrafts. Bank overdraft5 are shown
within borrowirwJs in ujrrenl Nabllrfles.
10-

DEVOTIONAL ASSOCIATES OF YOGESHWAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
Accoun￿ng pollcies
Icontinugd)
1.10 Flnanclal instruments
Thè charity ha8 elècted lo apply the provisions of Section 11 'Basic Financial Instruments, 8nd Section 12
'Oth8r Finandal Instruments Issues. of FRS 10210 all of its financial instrufflenls.
Flnancial instruments ar¢ reGognised in the charfty'3 balance Sheet when thè tharity bècomas pBty to th8
tonlraclual provlslon5 of the inslwment.
Flnanclal asso15 and liabilitieB are olf8et, wlth the net amounts PTès8nl8d in the financial 51alemenls. when
there18 a Ipgally enfOr￿ab]e right to set off the recognised amounts and there Is an Inlenllon to 8ettl& on a n&1
basis or to realise the a88et and seluè th8 li8blity simullBn8ously.
Baslc Ilnanclal assets
Basic flnanc181 assets. whlch InGlude debtors and cash and bank batance8, are Initially me88ur8d al
Iransacllon prfce includlng IransaclSon Gosts and are subsequently carried al amortls8d co81 using the effecllve
In18re$l method unle85 the arrangement conslilutes a financing transaction. where th8 transaction i
measured al the present value of the lulura receipts dlscountèd at 8 mark81 rBla of interest. Financi91 assets
classlfled a8 receiv8ble wllhln on8 year ar& not amort18èd.
Bask Ilnan¢lal Ilabllllles
Ba81c lin8ncl81 IlabllNl8s. includlng creditors and bank loan8 afg Inlllally Tecognised al Iransacllon price unles5
tha arrangement conslllules a Inanclng transaction, where Ihe debt Inylrumgnl Is measured at the present
valuè of the fulure paymgnls dlscounled a18 market rale of Inlereyl. Flnanclal118bllilles da88ined 88 payable
withln one year are not amorti8ed.
Debt In8trum&nls are svb8aquèntly carriod al amortl8ed cost, uslng the effedve Snlera81 rale rn&lhod.
Trade cr6ditor$ ore obligatlons lo pay for goodg or $Èrvlces that have boen a￿￿1red in the ordinary Gourse of
operaliDn8 from suppliers. Arnoun15 payable are cla96ified a8 current Ilabi1I11g$ If poymenl 53 due wllhin one
yeor gr less. If not, they are près8nled as nonthcurr8nl liabilitie5. Trade credilois are fecogni8ed Inlllally at
transa￿On prfce and sub8oqu•nlly mèasured al amortlsed cost u$Sng tho 8ffeGtive interest m81hod.
Derncognltlon oi finanelal Ilabllltl
Flnancial 1Sabilitie8 at8 dgrecognl8ed when th8 charlty'8 ojntractual obllgallon8 explre or are d18charged or
cancelled.
1.11 Employeg bgnefliB
The cost of any unused hollday enlltlemenl 18 recogni8ed in the period In whlch the 8mploy80's s8Nlces are
received.
Termination benefits are Tecognlsed immediately as an expense when lh8 charlly Is demonstrably committed
lo termin818 tha 8mployrnenl of an employee or to prov(de lermlnatlon benefits.
CrftIcg1 •ccountlng •9tlmateg and ludgements
In the appllcation of the charity's accounting pollcies, the trustees are requlred to make judgements, e8llmales
and assumplons about the carrylng amount of assets and118bllKlès Ihal are not readily apparent from other
seur¢es. Thè aslimates and assoaaled assurnplions are based on hisloiical experience and other factors that
ar8 con51dered lo be relovanl. Actual Tesults may drffer from these eslimale8.
The eslimates and undeTlylng assumpions are reviewed on an ongoing basis. Revisions lo a¢counling
estimates arp recognlsed in the period In whlch th8 gstimate IS revised where tho revlsion affects only thal
pèriod. or in the period of thè rèwsion and future pertods Whe￿ the revision affects both current and futwa
p?¥iods.

DEVOTIONALASSOCIATES OF YOGESHWAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY2024
Donatlons And Iggaci
Unrestricted Unrestricted
lunds
funds
genoial
9eneral
2024
2023
Donatlon$ and gifts
519.960
491,434
Investmènts
Unmtrlct•d Unrestrlcted
fund¥
funds
g•n•ral
ganeral
2024
2023
Depo811 account Inlèresl
Current 0s891 Inv8stmenl Income
12eAOO
654
29,059
127,054
29,382
Support co•ts
Support Govornance
¢08t8
costs
2024
2D23
Audlors, Remuneration
Support Co816
2,880
4S,134
2,880
45,134
1,350
34,071
47,814
47,814
3S,421
Tru8t••g
None of the trustee$ lor any persons connected with them) racolv8d any remunerallon or beneflls from the
charily durlng Ihe year.
Therg were no Trustees. expen$e8 pald for Ihe yoar 8nd8d 31 May 2024 nor forthe year ended
31 May 2023.
12-

DEVOTIONALASSOCIATES OF YOGESHWAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY2024
Employees
2024
Nun*•r
2023
NuM￿r
Total
There were no staff cost8 paid for ye8r ended 31 MAY 2024 nor for the year ended 31 May 2023.
Th8r8 wer8 no èmployeès whosè annual r8mun8ration was moro than £60,000.
T•nglbl• fix•d a88•ts
Itreehold knnd Vlxtures and
and bulldlnlls
Itttlng•
Totsl
Co•t
Al 1 June 2023
1.184,839
92,431
1.277,270
Al 31 May 2024
1,184,B39
92,431
1.277,270
O•pr•¢latlon and ImpaI￿Ont
Al 1 June 2023
Dèpreclauon charged In the year
80,265
1,825
80,265
1,825
At 31 May 2024
82,090
82,090
Carrylng amount
Al 31 May 2024
1,184,839
10.341
1,195.180
At 31 May 2023
1,184,839
12,166
1,197.005
Flnanclal In$tfum•nts
2024
2023
Carrylng amount of flnanclal a88ets
Instruments measured at fair value Ihrough profft or IDSS
19,000
19,000
10 Stocks
ZO24
2023
Flni8hpd goods and goods for resale
94.158
32,994
11 D8btors
2024
2023
Amounts falling due wlthln one year.
Prepayments accrued Income
50,757
2,909
13-

DEVOTIONAL ASSOCIATES OF YOGESHWAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY2024
12 Current aSBet InveBtments
2024
2023
Nallonal Savlngs 8ond
19.000
19,000
13 Cr•dltor8: amounts falllng the wlthln one year
2024
2023
Trade creditors
Other cr9dllors
Accru81s and dèfarrgd Incomg
31514
83,372
2.240
32,514
26,960
1,179
98.126
60,653
14 Unr•¥trlGtsd tund•
The8e are unrestrlclod funds whlch are material lo Ihg charlty's acllvi11gs made up as foll¢)ws.'
mov￿￿ont
In lundj
BalAnc• at Incom• Bnd
Bolanco at
1 Juno 2023 •xpondltuY¢ al May 2024
General fund
Ladiés Vlbh8g fund
Yogeshwar Kru8hl fLmd
Semlnars fund
Ovgrsgas Bhavferi fund
Youlh Centre fund
5,713.313
88.456
83,795
45,582
860
631
595.348 6,308.861
88.456
87.848
45,582
660
831
3.851
5,932,637
599,199 6,531,836
14-

DEVOTIONAL ASSOCIATES OF YOGESHWAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
1S Analy61s of not a88&t$ bel￿an lunds
Gengral Ladies
fund
Vlbhag
fund
2024
Yoyè6hwarOv•rsea8 Overseas Youth
Krushl
Bhavferl Bhavl•rl Cèntre
fund
fund
fund
fund
2024
2024
2024
2024
Totsl
2024
2024
Fund b3lanca8 8131
May 2024 are
represented by:
Tangiblg a68e18
Stock
Debtors
Inveslmenl8
Ca8h at bank arid In
hand
Cr8thtors
1,1QS,180
94.158
50.757
19,000
1,195.180
94.158
50,757
19,000
S.047,690
198,1261
88,468
87,848
45.582
860
631 5.Z70,867
198,1261
6.308.659
88,456
87,648
45,582
631 6,631.836
10 Rolal•d party tran8aGtSon
The folkl￿n9 amounts were outslandkng al the r•porfng end date.,
Amounts owed by r•latod Amoun18 ow•d by r•lat•d
partl•8
partl•8
2024
2023
Balan¢•
8alan¢a
N•1
N•t
DMn• Youth Group
83,373
63.373
26,960
26,960
63,373
63,373
26.960
26.960
17 Cash g•neratsd from OP•f4tlon8
2024
2023
sUr￿u8 lor Ihg year
505,128
485,395
ADJugtrnents lor..
Inveslmonl incomB recogni5od In 51atempnl of financ&1 activities
Depreclabon and Impalrment of lan9ibl& fixed ass8t$
1127,0541
1,824
129,382)
2,147
Movements In worklng capltal:
Ilncreasel in stocks
Deereas8lllncr8asel In d8btors
Increas& In creditors
162,7881
47,848
37.473
11,6251
12,7501
26,809
Cash Bemratsd frorn operatlon$
402.431
480,594
18 An•ly618 of changes In not fundB
The charlty hod no debt during Ihe year.
15-