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2023-03-31-accounts

Trustees		Mr Shantilal		Hirji Ruparell
		Mrs Candida		Connolly
		Dr Surekha	Mehta
		Mr Kaushik	Nathwani
		Mrs Jayshree		Rajkotia, JP
		Mr Shashi Vekaria
		Mr Subhanu		Saxena
		Mr Varinder	Singh
		Mr Rajendra		Patel
		Mrs Asma Suterwalla
		Mr Vinod Thakrar
		Ms M Singh
		Mr Ramnath		Gheerawo
Chairman		Mr Subhanu		Saxena
Joint Chairman		Mr Shantilal		Hirji Ruparell
Directors		Mr Shantilal		Hirji Ruparell
		Mr Kaushik	Nathwani
		Mr Subhanu		Saxena
Chief Executive Officer		Dr M.N. Nandakumara
Charity number		312879
Company	number	01090630
Registered	office	4a Castletown		Rd,
		London
		W14 9HE
Auditor		KLSA LLP
		Kalamu House
		11 Coldbath	Square
		London
		EC1R5HL

		Page
Trustees report		1-6
Statement ofTrustees	responsibilities
Independent auditor's	report	8-10
Statement offinancial	activities
Balance sheet		12-13
Statement ofcash flows		14
Notes to the financial statements		15-28

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023		2022	2022	2022
		Notes	f					f.
Income and endowments			from:
Donations and
legacies			311,895		311,895	610,427		610,427
Charitable activities			489,246		489,246	226,866		226,866
Investments			3,205	(549)	2,656	55	1,321	1,376
Other income						50,445		50,445
Total income			804,346	(549)	803,797	887,793	1,321	889,114
Ex enditure on:
Raising funds			83,826		83,826	156,211		156,211
Charitable activities		8	717,224		717,224	703,943		703,943
Total expenditure			801,050		801,050	860,154		860,154
Net income/(expenditure)
for the year/
Net movement	in funds		3,296	(549)	2,747	27,639	1,321	28,960
Fund balances	at 1 April
2022			238,257	1,657,105	1,895,362	210,618	1,655,784	1,866,402
Fund balances	at 31
March 2023			241,553	1,656,556	1,898,109	238,257	1,657,105	1,895,362

				2023		2022
			Notes	F		E
Fixed assets
Tangible assets			13		1,633,040		1,653,429
Investments			14		204,302		201,358
					1,837,342		1,854,787
Current assets
Debtors			15	57,464		85,616
Cash at bank and in		hand		115,325		107,444
				172,789		193,060
Creditors:	amounts	falling due within
one year			16	(86,424)		(116,498)
Net current	assets				86,367		76,562
Total assets less current liabilities					1,923,709		1,931,349
Creditors:	amounts	falling due after
more than	one year		17		(25,600)		(35,987)
Net assets					1,898,109		1,895,362
Income funds
Restricted	funds		18		1,656,556		1,657,105
Unrestricted	funds
Designated	funds			86,015		86,015
General unrestricted		funds		155,538		152,242
					241,553		238,257
					1,898,109		1,895,362

				2023		2022
			Notes			E
Cash flows from operating		activities
Cash generated from/(absorbed by) operations			23		9,380		(211,400)
Investing	activities
Purchase	oftangible fixed assets			(1,210)		(101,869)
Purchase	of investments			(2,945)		(75,822)
Investment	income received			2,656		1,376
Net cash	used in investing	activities			(1,499)		(176,315)
Net cash	used in financing	activities
Net increase/(decrease) in equivalents		cash and	cash		7,881		(387,715)
Cash and	cash equivalents	at beginning	ofyear		107,444		495,160
Cash and	cash equivalents	at end of	year		115,325		107,444

		Unrestricted	Unrestricted
		funds	funds
		2023	2022
			F
Donations	and gifts	173,254	36,782
Grants - NPO		131,373	131,373
Membership	fees	7,268
Covid Grant			442,272
		311,895	610,427

6	Other income	Other income
				Total	Unrestricted
					funds
				2023	2022
					F
	Other income				50,445
7	Raising funds
				Unrestricted	Unrestricted
				funds	funds
				2023	2022
	Fun draisin	and	ublicit
	Seeking donations,		grants and legacies	2,963	5,418
	Support costs			80,863	150,793
	Fundraising	and publicity		83,826	156,211
				83,826	156,211

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Support	cost	s
			Support	Governance	2023	Support	Governance	2022
			costs	costs		costs	costs
			f	f	F	f	f
Staff costs			228,209		228,209	258,785		258,785
Depreciation			21,598		21,598	33,474		33,474
Other administrative
costs			69,465		69,465	77,532		77,532
Establishment		costs	117,151		117,151	230,198		230,198
Audit fees				8,500	8,500		7,278	7,278
			436,423	8,500	444,923	599,989	7,278	607,267
Analysed	between
Fundraising			80,863	2,963	83,826	150,793	5,418	156,211
Charitable	activities		355,560	5,537	361,097	449,196	1,860	451,056
			436,423	8,500	444,923	599,989	7,278	607,267

The average	monthly number ofemployees during th	e year was:
		2023	2022
		Number	Number
		21	19
Employment	costs	2023 F	2022 f
Wages and	salaries	459,458	502,829

13	Tangible fixed assets	Tangible fixed assets
				Freehold	land	Fixtures and Motor vehicles		Total
				and duildings		gttlngs
					f	f	f
	Cost
	At 1 April 2022			1,570,950		305,924	26,490	1,903,364
	Additions					1,210		1,210
	At 31 March	2023		1,570,950		307,134	26,490	1,904,574
	Depreciation	and impairment
	At 1 April 2022					223,446	26,490	249,936
	Depreciation	charged	in the year			21,598		21,598
	At 31 March	2023				245,044	26,490	271,534
	Carrying amount
	At 31 March	2023		1,570,950		62,090		1,633,040
	At 31 March	2022		1,570,950		82,479		1,653,429
14	Fixed asset	investments
								2021f
	Cost or valuation
	At 1 April 2022							201,358
	Additions							2,944
	At 31 March	2023						204,302
	Carrying amount
	At 31 March	2023						204,302
	At 31 March	2022						201,358

15	Debtors
			2023	2022
	Amounts	falling due within one year:	f	f
	Other debtors		57,464	85,616

16	Creditors: amounts	falling due within one year
			2023	2022
				E
	Trade creditors		7,015	48,610
	Other creditors		14,392	4,968
	Accruals and deferred	income	65,017	62,920
			86,424	116,498
17	Creditors: amounts	falling due after more than one year
			2023	2022
				E
	Other creditors		25,600	35,987

					Movement		Movement
					in funds		in funds
				Balance at 1 April 2021	Incoming resources	Balance at 1 April 2022	Incoming resources	31	Balance at INarch 2023
				f	E	f.
Building	Fund			1,488,390		1,488,390			1,488,390
MP Birla	Lecture Fund			59,903	392	60,295			60,295
Scholarship Fund				35,861	89	35,950			35,950
Music and Art Scholarship			Fund	51,910	340	52,250			52,250
Sanskrit	Fund			3,822		3,822			3,822
Dr Sastry Memorial		Fund		10,282	500	10,782	(549)		10,233
Archive Project Fund				5,616		5,616			5,616
				1,655,784	1,321	1,657,105	(549)		1,656,556

						Movement		Movement
						in funds		in funds
					Balance at	Incoming	Balance at	Incoming	Balance at
				1	April 2021 f	resources f	1 April 2022 f	resources	31 March 2023
Building	and	Maintenance	Fund		86,015		86,015		86,015
					86,015		86,015		86,015

23	Cash generated from	operations	operations					2023	2022
								F
	Surplus for the year							2,747	28,960
	Adjustments for:
	Investment income recognised		in statement			offinancial	activities	(2,656)	(1,376)
	Depreciation and impairment		oftangible		fixed assets			21,598	33,474
	Movements in working	capital:
	Decrease/(increase) in	debtors						28,152	(68,745)
	(Decrease) in creditors							(40,461)	(203,713)
	Cash generated from/(absorbed			by) operations				9,380	(211,400)
24	Analysis ofchanges	in net funds
	The entity had no debt	during	the year.