SRI CHAITANYA SARASWAT CHARITABLE TRUST Report and Accounts 31 December 2024
SRI CHAITANYA SARASWAT CHARITABLE TRUST Charity Information Trustees D W Ewlns Ms E A Clifford M Vyas P Murphy R Betz Ragistgred offic• 466 Green Street London E13 9DB Reglstered charlty number 327840
SRI CHAITAhlYA SARASWAT CHARITABLE TRUST REPORT OF TRUSTEES For the v8ar ended 31 December 2024 The truslfjes presenl their rsport wilh financial $ternents of Ihe ¢h8rity for the year ended 31 Derntser 2024.The trv¥lee5 have adopted the prow$ion8 of tho Slatoments of RecommBncl8d Practice (SORP} Accounring Reportlnu Oy Charfbés'16SLted In Mard) 2008. ru ovgrnlng document hd The ch8rity i.¥ conlrtslled by its goveming document. a deed of trust, and ¢on8Th'tules an unlncorporated charity. R4eTtshm•nt •nd appolntment of new tr118t••$ Th8 power of appolriling new Erusletrs of tho ch8rily ¥holl bg ve81eifj in lh8 1rn818os but In the evèni that the hgJl bg no Iruslees ih& power of appointn)eni new Intsteed shall b& vostèd in whoovar shall al thai lim& tsg Ph& spcretary of Sri Chailanya SaragW81 Math In India. The new tru8l&a or nw Iru81ee8 or now héreof may be 8ppth.nted 818ny Ilm& bul 80 that the lot81 number ol rrusi&e$ shall not fall beloiw ihrea and at no lime exceed ¥evon. R8lat•d PGrtle8 The trust&es MR Q Ewlns Ms E A Clifford 8re also Iru8t$es of 8ff ChallanyA Saraswal Math, a ¢hartlab Lompany and is closvly connèeled lo Sri Chaftanya Saraswat Charitablé Trugl. Includ80 under crgijitors K6.615 amount due to The Srl Chaltanya Sara8wal Math. Thgre 8re no spèclflc rppr1ymenls terms for this arnounl. Rlsk M4nap•m•nt Tliè IFL181e¥s have duty lo rdonttfy and r•vaw thè risk lo which th• tharlty Is •xpo$4d ahd lo •n¥ur¢ approprlaie tontrols a in pl¢ce io provide r88gonèblè assuran4e 4gain fraud and error. ¢blècllv•8 and Aims To 8avanGe the Hlndu faith 9en•r811y arNY In partlcijlar by the promotion of Ihg philosophy of Ihe Gaudiya SaTrswata Sohool of Hindulsm. To advance the 81Juealton of tho Public in ihe 19o¢hlngs of the G¥udly8 S8raswal8 Sch¢Jd of HiiidulBm to relleve povety generally, and p8rtlcuiarfy by dialnbulion Df food to protect health 8rHI rell¢ve sl¢kne$s and lo assist wi tho protection of h881th and rellef of 8icknos$ particulady for the nefil of Ihoge paoptfj heve suffèrnd from dyug or •lc0hol 4epÈnd&nGv. Volunio•r¥ Th• tru•to•8 or• vgry 9rat•fvl to the Voluntry who hald by rry1rng OLtI lunOYa151no on ourb•h•ll. M•ny volunteer8 9lve up thèir lime lo holp, p8rti¢ularly &t weekgnd8 and In Iht gvéningg and we &r8 9roatly indebled 10 Ihe volumeers lor their commitment and ¥upport. Th¢ Slaff deseNes cr8dil #nd prai8e ft>r Iheir skill and gnihus188D'c efft8 lo providè a 8uc¢eaBful 8eThice lo a orowrynu rangé of donor3. Th& tru81ees aye very gr8t•fiJl to the genorsl oubli¢ for th¥lr Immentse ¥upport and arè actity •o•king volunteer• from Ihe local communlly. espè¢iBlly the youth. Ch4rttsblè Aetlvlllg8 The main Gharilabl8 gctiiAty 1$ vancement ol eduGallon and r811 ol povety, followed by advanc•menl of heallh 8fKI rèlioion. Flnanelal rèvi*w R•$•rv•s Pollcy The trusttros haye malnlaingd Ihe r&8•rvas at a lovèl #o as to lulTh the charit19s oblècttV08 to play a 9roater role In tho advancfjryieni of roligiou5 acbvities, ft)od distrlbutlon and rob9U$ educ8tlonal programmey. This providos stJlfi¢lent fLtnds lo wver donations support G05tJ. On baham ol th? trustgats R Betz Tfu$tèe Date
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SRI CHAITANYA SARASWAT CHARITABLE TRUST We report on the Accounts of th8 Trust for the year endad 31 Decemb8r 2024, which are Seloul on pages 4 to 9. Respective responsiblllties of thé trustees and examiner As the Charitls Trustees you are responsible for the preparation of the Accounls.. you considor that the audit requirement of section 43 (21 of the Charities Act 1993 ("the Acl") does not apply.11 is our responsibility to state. on the basis of procedures specrfied In the General Directions given by the Charity Commlssloners under section 43 (7> of the Act. whether particular matters have com6 to our attention. Basls of independent èxaminer's report Our examination was carri8d out in accordanc8 with th8 G8neral Dir8Ctions given by th8 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 ilems or disclosure5 in the Accounts, and seeking 8xplanations from you as Trustees concarning any such maltors. Th8 procèdurès undgrtakan do not provid@ all the evidenc8 that would be required in an audit, and consequently we do not express an audit opinion on the view grven by the AcGounts. Independent examlnerfs slatemenl In connection with our examination. no matter has come to our 8ttentlon'. (1)which gives us reasonable Gause to believg that, In any materi81 respect the requlrements.. To koep accounting records in 8ccordance with sectlon 41 Of the 1993 Act, and To prepare Accounts that r8cord with the accounting records and to comply with the accountlng requlrements of the 1993 Act have not begn made. Partha Chowdhury Accountant 145 WarwiGk Avenue Mllton Kaynos MK10 78Y 2oLf Date
SRI CHAITANYA SARASWAT CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 December 2024 Unrestricted funds 2024 2023 Incomlng rasources 27,356 29,816 Direct expenses (9.43B) (9,904) Gro¥8 Incom5ng resourc• 17,918 19,912 Administrative expenses (21,408) (22,778) Operating profit {3.490} {2,864) Interest receivable 58 58 Net Incomlng re$ourG63 for tho financlal year 3,434 Th8 Statem8nt of financial activities prepared on the basis that all op@rations are continulng operation. There are no gain and10ss88 Othér than th08e passing through the statement of flnancial activitlas.
SRI CHAITANYA SARASWAT CHARITABLE TRUST REGISTERED CHARITY NUMBER.. BALANCE SHEET 327840 As at 31 Decembar 2024 Note 2024 2.023 Flxpd assets T4ngible assets 429,311 428,521 Current assets C8sh at bank and In hand 16,156 20.380 20,380 N•t ¢urr•n* assots 18.156 20,380 Mot a•8•ts 445,467 448,901 Capltal and r080rv•8 Unreslricl(8d fund Revaluation of prop8rty 143.917 301,550 147,351 301,550 TNst funds 445,467 448.901 RBe Trustee Approved on behalf uf Iruslee$ on 12 June 202J
SRI CHAITANYA SARASWAT CHARITABLE TRUST Notes to the Accounts for the year ended 31 December 2024 1 Accounting pollcles (aj Basis of preparatlon The accounts have been prepared under the historical cost convention and in accordance with applicable Financial R8POrting Standard . (b) Donatlons Donallons are accounled for when received and banked. (c) Exp&ndltur• Expenditure is allocated to the activities to which it related. (dj Réstrieted and unre8tri¢ted funds li} Restrictad funds ara merged with unrestrlGted fund on completlon of building project. donor. (li) Unreslrict8d funds are funds, which are expendable at Ihe discretion of the Trustees. Tanglble fixed a$$ets Tangible fixed assets are measured at cost less accuTnulatlve depreciatlon and any accumulatlve impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost,18SS 8Stlmated resldual value, of each asset evenly over Its exp6cled useful lrfe, as follows.. Freehold buildings Fixtures, fittings. tools and 8quipm8nt OV8r 5 years Tru•tee Remuneratlon No members of Management Committ88 rec8lV8d 8ny remuneration durlng the y88r. Accountant s Remunerauon The accountant did not recelve any remuneratlon this year. 2 Tanglble flxed assets Fixlurès,fittl ng8&equlp monts Land and buildings Total Cojt At 1 January 2024 Additions At 31 December 2024 418.534 60,677 2,920 479,211 2,920 482 131 418,534 Depreciation At 1 January 2024 cnarge Tor trie ygar At 31 December 2024 Net book value At 31 December 2024 50.690 2,130 52,820 50.6go 2,130 52,820 418,534 10,777 429,311 At 31 December 2023 418,534 9.987 428.521
SRI CHAITANYA SARASWAT CHARITABLE TRUST Note8 to the AGGounts for the year ended 31 December 2024 3 Unre51ricted funds 2,024 2023 At the start of Ihe financial year Net incoming resources for the financial y8ar At the end of the financial year 147,351 3,4341 143,917 150,157 2,806) 147,351 4 Oth•r infomiatlon SRI CHAITANYA SARASWAT CHARITABLE TRUST is a charitable trust and in¢orporal6d in England. Its reglstered offlce Is., 466 Green Street London E139DB
SRI CHAITANYA SARASWAT GHARITABLE TRUST Detailed financial activity For the year ended 31 December 2024 This schedule does not fom7 Part of th6 Staknlory accounts Unrestricted funds 2024 2023 Sal?s Donations recerved 27,356 29,816 Cost of sales Food distribution Flowers, deity worship Devotees allowances 5,404 2,808 1,226 9,438 4.922 4,143 839 9.904 Admlnl$tratlve expenses Travel and subsist8nce 1,789 1,78g 4,027 4.027 Premises costs.. Council tsx and water Light and heat 2,030 8,438 1,949 3,517 5,466 General administratlve expenses.. Teléphone and internet Statlonery and printlng Bank charges Insurance Repairs and maintenane8 Depreciation 814 289 153 1,560 4,205 2,130 9,151 1.022 123 125 1,073 8,966 1,974 13,283 Total admlnlslratlve expense$ 21,408 22,778