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REGISTERED CHARITY NUMBER: 327921
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| | Contents of the Financial Statements | | Page | Report of the Trustees i to 3 |[|] | | Statement of Financial Activities 6 | | Report of the Independent Auditers 4 to § | | Balance Sheet 7 { j i Cash Flow Statement & i I { i Notes to the Cash Flow Statement 9 | | Notes to the Financial Statements 10 to 16 | ! | i{|I | | ||
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| Radha Madhav Society (UK)
| | fer theRenortYearofEnded the Trustees5 April 2625
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| The trustees present their report with the financial statements of the charity for the year ended 5 April 2025. The wustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities | i preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS | 102) (effective | January 2019). OBJECTIVES AND ACTIVITIES i i ObjectivesRadha Madhav and aimsSociety (UK) is a non-profit, religious. educational and charitable organisation. It serves as the United Kingdom's affiliate of Jagadguru Kripalu Parishat (JKP), which is the worldwide mission of His Divine Excellency Bhakti Yoga Rasavatara Shri : 1008 Jagadguru Shri Kripalu Ji Maharaj. the supreme acharya of this age. The JKP trusts aims to contribute to the material i | well-being of mankind by providing . widows, and other needy and deprived persons. The trust has established many } | educational institutions, charitable hospitals and regularly organises medical relief camps for the deprived and needy. ii | i| Review of activities i | Throughoutmajor cities thein year,the UK.RadhaHomeMadhav‘BhaktiSocietyYoga organisedSankeertans’variouswerediscoursesconductedbasedby esteemedon the wisdompracharaksof ancientof JagadguruHindu scripturesShri Kripalujiacross Maharaj includingB Sushree Dr Bageeshwarig Devi, Swami Nikhilandand, and Sushree Siddeshwari Devi during their tours. | Major Hindu festivals were celebrated at the Society's maim center at 109 Edgehill Road, Leicester, as well as at local temples and ' adevotees’ diverse rangeresidences. of newlySignificant hosted spiritualpublic discoursessessions. imcluded ‘Power of Divine Love’ in Reading, 'How to be Happy?’ in Southall, and | Notable discourse series from the schedule included “Life Changing Lessons from Bhagavad Gita", “bhakti Yoga - the easiest path to peace and joy today", “Love Wins over Dharma in Ramayana”, and “Krishna Leela". The Society also addressed profound | philosophical questions through focused task like “Is it true that bad things happen to good people?" and “What is the need and ii importance of a Guru?” | In addition to these discourses, the ycar featured deeply mmmersive events, such as a special 9-hour Hare Ram Sankirtan, London i Home Satsangs, a Shri Ram Retreat, and grand celebrations for major festivals including Ram Navami, Sita Navami, Guru Purnima, Janmashtami and Nandotstav. To reach an even wider audience, international television channels continued broadcasting Jagadguru Kripaluji Maharay's ongoing i series of discourses on Vedic philosophy, offering widespread spiritual uplift. | FINANCIAL REVIEW | How finances were generated and used i In the financial year ended April 5 2025, Radha Madhav Society received donations amounting to £844,133 (2024: £508,763), Gift | Aid amounting to £177,853 (£2024: 114,276) amd other imterest earned im the year £2,480 (2024: £376) making the total income in the year of £1,024,466 (2024: £623,415) - an year on year increase of 64%.. Charitable grants and expenditures in the year reflecting the society's commitment to its humanitarian mission totalled £ 856.748 (2004: £584,609), leaving a retained surplus of £167,718 (2024: £38,806).
| After adjusting for non-monctary items, the net funds of the charity increased by £1 12,007 (2024: £41,875).
Sources of Income i The primary sources of income include: | * Monthly Donations: Regular contributions from devoted members. i * Ad Hoc Donations: Generous one-time donations from members and supporters. | Expenditures | The society allocated funds towards several key areas: i * Charitable Trusts: Significant financial support totalling £812,000 (2024: £545,625) was directed to charitable trusts established by Jagadguru Kripalu Parishat in India, which aid rural populations through hospitals and educational institutions. i UK. i * Local Activities: Funds totalling £5,099 (2024: £3,650) were also utilised for organizing events and spiritual programs within the * Publicity and promotions: Expenditures included broadcasting spiritual talks on Aastha International TV amounted to £15,099 | (2024: £15,304) i * Travel Expenses: Financial resources covered transportation and subsistence for visiting speakers during their stay in the UK | amounting to £3,300 (2024: £3.919). | promotingThis comprehensivespiritual growthapproachwithinensuresthe community.that Radha Madhav Society continues to fulfil its mission of serving humanity while
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FINANCIAL REVIEW || Investment policy and objectives
The charity’s investment policy focuses on preserving capital while generating reasonable returns to support its charitable activities. Key objectives include safeguarding assets, ensuring liquidity. and optimizing returns within acceptable risk parameters. Investments are made prudently, prioritizing the charity's aims, maintaining liquidity. diversifymg the portfolio, managing risks effectively, and adhering to ethical considerations. Regular monitoring and reviews ensure compliance with this policy.
Reserves policy
Radha Madhav Society (UK) maintains a prudent financial strategy to ensure operational contmuity by keeping cash reserves | equivalent to double its annual support costs. Management trustees are responsible for evaluating and adjusting reserve levels based i on operational budgets. The policy includes designated funds for specific purposes, such as property management and future capital | projects, demonstrating the charity's commitment to financial stability and strategic plarming. Risk management | i The Trustees have a risk management strategy which comprises an ongoing review of the principal risks and uncertainties that the | charity faces. The Board has established policies to mitigate these risks, specifically regarding financial controls (inter-scssional I reviews). Overseas grant monitoring, and regulatory compliance. i Public benefit i The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public | benefit when reviewing the Charity's aims and objectives, and m planning future activities. Going concern ; The trustees have assessed the charity's ability to continue as a goimg concern for a period of at least 12 months from the date of | approval of these financial statements and, having considered the charity's reserves and forecast cash flows, are satisfied that it has | adequate resources to continue in operational existence for the foreseeable future. Accordingly, the going concern basis has been | adopted in preparing these financial statements. | Fundraising policy
Radha Madhav Society UK's Fundraising Policy outlines tts commitment to legal. ethical, and cffective fundraising practices. The charity aims to secure financial resources to support its mission through community engagement, grant opportunities, and recurring donations. A Fundraising Committee oversees initiatives while ensuring transparency and compliance with legal standards. The policy emphasizes respect for donors and ongoing training for staff and volunteers. TheComplaintsComplaints policyPolicy emphasises viewing complaints as opportunities for improvement. It provides a clear procedure for | addressing complaints related to the charity's programs, events. and communications. The policy ensures fair investigation, timely resolution, and confidentiality while encouraging feedback to enhance services. Overall responsibility lies with the board of trustees. 1 Serious incident and reperting procedure This procedure establishes a framework for addressing serious mcidents that may harm beneficiaries or the charity's reputation. It |i assessment,defines seriousextemalincidents reportingandto theoutlines CharityreportingCommission,steps. transparentincluding communicationimmediate response, with stakeholders,internal notification,and post-incidentdocumentation,reviews | for continuous improvement. This commitment reinforces the charity's dedication to accountability and responsible stewardship of | resources.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controfled by its governing document, a deed of trust and constitutes an unincorporated charity.
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The Charity was established on 21st September 1988, as IBYSS UK. and on 11th July 2006, the name, Radha Madhav Society (UK) was adopted and registered.
REFERENCE AND ADMINISTRATIVE DETAILS | Registered Charity nuraber Principal address | 327921 109 Edgehill Road | Leicester | LE4 9ED |
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for theReportYearofEnded the Trustees5S April 2625
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Trustees | M H Belki R Ramamoorthy ' NH Panchal | B K Saha
Auditors i AD Doshi & Co Chartered Certified Accountants and Registered Auditors ! 43 Glen Way . Leicester LE2 5YF
| STATEMENT OF TRUSTEES' RESPONSIBILITIES | The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law i and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial | Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland". | Charity law requires the trustees to prepare fmancial statements for each financial year. Under that law, the trustees have clected to i prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). | ' Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and ofthe incoming resources and application of resources, including the income and expenditure, of | ibe charity for that period. that period. period. In preparing those financial statements. the trustees are required to required to to
| ibe charity for that period. that period. period. In preparing those financial statements. the trustees are required to required to to : - select suitable accounting policies and then apply them consistently, i - observe the methods and principles in the Charities SORP; | ~ make judgements and estimates that are reasonable and prudent: | - state whether applicable accounting standards have been followed. subject to any material departurcs disclosed and explained in i the financial statements; ; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in ; business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and The Charity (Accounts and Reports) Regulations 2008. 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 order of the board of trustees on 26 February 2026 and signed on its behalfby:
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N H Panchal - Trustee
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i | Report of the Independent Auditors to the Trustees of || RadhaMadhaySeciety (UK) Opinion | We have audited the financial statements of Radha Madhav Society (UK) (the ‘charity') for the year ended § April 2025 which i comprise the Statement of Financial Activities, the Balance Shect, the Cash Flow Statement and notes to the financial statements, | including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Gencrally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’. Tn our opinion the financial statements: ; - give a true and fair view of the state of the charity's affairs as at 5 Apni 2025 and of its incoming resources and application of ' resources, for the year then ended; i - have been properiy prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial ' Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'; and - have been prepared in accordance with the requirements of the Charities Act 2011. | | WeBasis forconducted opinionour audit :in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our |H | responsibilities under those standards are further described in the Auditors’ responsibilities for the audit of the financial statements | { : section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of i | the financial statements in the UK, inchiding the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in | i i accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a i | i| basis for our opinion. | i i Conclusions relatiag te going concern | ' In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the | | preparation ofthe financial statements is appropriate. | Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, | | individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. | Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this i report. | Other information | The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. i || ourOur report, opinion we on do the financial not express any formstatements of does assurance conclusion not cover the otherthereon. information and, except to the extent otherwise explicitly stated in | | In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider i whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or
| requiredotherwisetoappears determine to be whether materiallythis givesmisstated.rise toIf awematerial identifymisstatementsuch materialininconsistenciesthe financial statements themselves.or apparent materia] misstatements,If, based on thewe work are we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. } i Matters on which we are required te repert by exception
| usWeto havereport nothingto you toif, reportin ourin opinion: respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires - the information given in the Report of the Trustees is inconsistent in any maternal respect with the financial statements; or - sufficient accounting records have not been kept: or - the financial statements are not in agreement with the accounting records and returns; or ~ Wwe have not received all the information and explanations we require for our audit. Responsibilities of trustees | statementsAs explainedwhich more fullygive ina tru th e Statementand fair view, of Trustees’and for Responsibilities,such internal controlthe trusteesas the aret r ue s teesponsibledetermine for the preparationis necessary oftotheenable financialthe | preparation of financial statements that are free from material misstatement. whether duc to fraud or error.
i disclosing,In preparingastheapplicable,financial mattersstatements,relatedthetotrusteesgoing concernarc responsibleand usingfortheassessing going concernthe charity'sbasis ofability accounting to continueunlessas a goingthe trusteesconcern,either | intend to liquidate the charity or to cease operations. or have no realistic alternative but to do so. { } | | | | Page 4 Be
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Report of the Independent Auditors to the Trustees of
Radha Madhav Society (UK)
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Our responsibilities for the audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
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Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our
responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our
procedures are capable of detecting irregularities, including fraud is detailed below:
we focussed on specific laws and regulations which we considered may have a direct material effect on the financial statements or
the operations of the charity, including the Charities Act 2011, FRS 102 and Charities SORP(FRS 102)
made enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected
and alleged fraud, and their knowledge of any actual or potential litigation and claims
considered the intemal controls in place to mitigate risks of fraud and non-compliance with laws and regulations
tested journal entries to identify unusual transactions and investigated the rationale behind significant or unusual transactions
agreed financial statements to underlying supporting documentation and their compliance with applicable laws and regulations
There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from
financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit
procedures required to identify non-compliance with iaws and regulations to enquiry of the directors and other management and the
inspection of regulatory and legal correspondence. ~
Material misstatements that arise due to fraud can oe tiarder to detect than those that arise from error as they may involve deliberate
concealment or collusion. ;
| A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting. Council's
website at www.frc.org.uk/auditorsresponsibilities: This description forms part of our Report of the Independent Auditors.
Use of our report ‘
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports)
Regulations 2008. Our audit work kas been undertaken so that we mighi state to the charity's trustees those matters we are required to
state to them in an auditgrs\ceport and for no other purpose. To the fullest extent permitted by law, we do not accept or assume
responsibility to anyone than thé charity and the charity's trustees as a body, for our audit work, for this report, or for the
opinions we have formed
Amit Doshi (Senior Statutory @ditor)
For and on behalfof A D Doshi & Co
Statutory Auditors
43 Glen Way
LE2LeicesterSYF
26 February 2026
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|i|||||Radha Madhay Society (UK)|||
|||||||||
|||||Statement
ofFinancial Activities
for the Year Ended 5 April 2025|||
||||||5.4.25|5.4.24|
||||||Unrestricted|Total|
||||||fund|funds|
|||||||as restated|
|||||Netes|£|£|
|||INCOME AND ENDOWMENTS FROM|||||
|Donations andlegacies
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Investment income
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Total
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3|1,021,986
2,480
1,024,466|623,039
376
623,415|
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|||EXPENDITURE ON
Raisingfunds||4|39,649|35,334|
|||Charitable activities||5|817,099|$49,275|
|||||||||
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|||||—__—|ener
ENrn|
|||Total|||856,748|584,609|
|||NET INCOME|||167,718|38,806|
|||RECONCILIATION OF|FUNDS||||
|||Total funds brought forward
As previouslyreported|||$15,727|445,179|
||||Prioryearadjustment||10|(31,742)|-|
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}|Asrestated
TOTALFUNDSCARRIEDFORWARD|||483,985
To
651,703|445,179
483,985|
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The notes form part of these financial statements
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| I| | i FINED ASSETS | Tangible assets CURRENT Dedtore Cash at bank and at bank and bank and in band | | CREDITORSAmountsAmounts falling | i NET CURRENT CURRENT ASSETS { i i TOTAL ASSETS ASSETS LESS CURRENT LIABSLITIES NET ASSETS ASSETS i Unrestricted funds funds | || TOTAL FUNDS The financial its behalf by: m~ | 4 | \ H Panchal - |I| ZorBK a) TrusteeBK a) Trustee a) Trustee Trustee yawn | | i i
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|5.4.35|S44|
|Unrestrictedfond|fondeTotal|;|
|84|restated|
|FINED|ASSETS|Netes|f|£|
|Tangible|assets|n|H65n|OGTR|:|
|CURRENT|ASSETS|
|Dedtore|f2|174,107|110AG2|
|Cash at bank and at bank and bank and in band|.|i369,497|Santa257.4%|:|
|$43,600|367,982|
|CREDITORSAmountsAmounts|falling|due within one year|13|(8,409)|(2.985)|
|—_—-|———|
|NET CURRENT CURRENT ASSETS|535,200|364,967|
|TOTAL ASSETS ASSETS LESS CURRENT LIABSLITIES|651.703|483,985|
|NET ASSETS ASSETS|651,703|483,985|
|Unrestricted funds funds|651,703|483.985|
|TOTAL|FUNDS|653,703|483,985|
|The|financial|statements|were|approved|by|the|Beasd|of|Trasters|and authonsed|for|issuc|on|26|February|2026|and|were|signed|on|
|its|behalf|by:|.|
|m~|
|Nowy4|Ne|
||H|Panchal|-|Trustee|
|ZorBK a) TrusteeBK a) Trustee a) Trustee Trustee yawn|na|
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The aetes iann part of these financial waiermcats
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|.|r|
|||Cash|Flow|
|||Statement|
|||§.4.25|as|restated5.4.24|
|Cash|flows|from|operating|activities|
|||Cash generated from operations|!|112,007|41,875|
|||Net cash provided by operating activities|112,007|41,875|
|P||—|—|
|||Change|in|cash|and cash|equivalents|im|the|
|ii|Ii|Cashreporting and periodcash|equivalents|at the beginning|of|112,007|41,875|||
|||the reporting period|257,490|215,615|
|||Cash|and cash|equivalents|at the end|ef the|
|i|reporting|period|369,497|257,490|
|P||sees|pode lca|
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| I, | RECONCILIATION OFNET INCOME TONET CASHFLOWFROMOPERATING ACTIVITIES | RECONCILIATION OFNET INCOME TONET CASHFLOWFROMOPERATING ACTIVITIES | |
|---|---|---|---|
| 5.4.25 | 5.4.24 | ||
| as restated | |||
| Netincomeforthe reporting peried (asperthe StatementofFinancial Activities) |
167,718 | 38,806 | |
| Adjustments fer: Depreciation charges (Increase)/decrease in debtors |
2,515 (63,641) |
2,515 164 |
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| Increase in creditors | 5,415 | 390 | |
| Netcashprevidedbyoperations | 112,007 — |
41,875 — |
| 2. ANALYSIS OF CHANGES IN NET FUNDS | | : Net cash ; Cash at bank and in hand
| ANALYSIS OF CHANGES IN NET FUNDSOF CHANGES IN NET FUNDSCHANGES IN NET FUNDSIN NET FUNDSNET FUNDSFUNDS | |||
|---|---|---|---|
| ANALYSIS OF CHANGES IN NET FUNDSOF CHANGES IN NET FUNDSCHANGES IN NET FUNDSIN NET FUNDSNET FUNDSFUNDS Net cashcash Cash at bank andat bank andbank andand in hand |
At6.4.24 £ 257,490 |
Cash flow £ 412,007 |
At 54,25 £ 369,497 |
| 257,490 | 112,007 | 369,497 | |
| Total | 257,490 | 112,007 | 369,497 |
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| | for the Year Ended 5 April 2025 | | 1. ACCOUNTING POLICTES \ Basis of preparing the financial statements { t \ The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance _ with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable a to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic Ps { of Ireland (FRS 102) (effective | January 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard — applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under ee ; the historical cost canvention. | Income = | All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable ce that the income will be received and the amount can be measured reliably. Expenditure | ' Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that | i : expenditure, it is probable that a transfer of economic benefits wil! be required in settlement and the amount of the obligation | | can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that | | allocatedaggregatetoallactivitiescost relatedon a basisto theconsistentcategory. withWherethe costsuse of cannot resources. be directly attributed to particular headings they have been | i | | Grants offered subject to conditions which have not been met at the year end date are noted as 4 commitment but not accrued Ht | | as expenditure. | i Tangible fixed assets i '| ;iDepreciation is provided at the following annual rates m order to write off each asset over its estimated useful life. i i | i| ImprovementsFreehold propertyto property -- 2%2% on on costcost i Taxation | ; The charity is exempt from tax on its charitable activities. | ( Fund accounting i i Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |[i] | | Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when i specified by the donor or when funds are raised for particular restricted purposes. | Further explanation of the nature and purpose of cach fund is included im the notes to the financial statements. | Going concern
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The trustees have assessed the charity's ability to contmue as a going concern for a period of at least 12 months from the date of approval of these financial statements and. having considered the charity's reserves and forecast cash flows, are satisfied that it has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the going concern basis has been adopted in preparing these financial statements | 2. DONATIONS AND LEGACIES §.4.25 §.4.24 as restated Donations 844,133 508,763 { i i Gift aid 177,853 114,276 wi021986 623,099 } i ' | ; | i | | | | | :
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| / || for the Year Ended 5 April 2025 | 3. INVESTMENT INCOME §.4.25 5.4.24 as restated £ £ | | Deposit account interest 2,480 376 |[|] | 4. RAISING FUNDS | || Raising donations and legacies 5.4.25 5.4.24 | | || £ as restated£ i ' Support costs 39,649 35,334 | ii |8. CHARITABLE ACTIVITIES COSTS | i | Grant | i | funding of | activities | | (see note | | | | § i Overseas Projects i | 812,000 5,099 | | | Local Projects | | 6. GRANTS PAYABLE ! 5.4.25 5.4.24817,099 | ; as restated | iOverseas Projects | | Local Projects $12,000 545,625 i |! 5,099 3,650 | 817,099 549,275 Ee eS
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||||||for the Year|Ended5 April2625|||||||
||||7.|SUPPORTCOSTS||||Governance|||||
|||||Management|Finance|Other|costs|Totals||||
|||||£|£|£|£|£||||
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|;|||Raisingdonationsandlegacies|28,209|525|2,515|8,400|39,649|||||
|f|;
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Management|areasfollows:|||||||||
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Insurance
Lightandheat
Telephone&TV
Functionsandfestivals
Publicity andPromotions
Housekeeping& Sundries
Travel andTransport
RepairsandRenewals||||Raising
donations
and
legacies
£
1,521
1.410
3,530
1,592
1.123
15,099
305
3,300
329|as restated
Total
activities
£
1,323
1,250
3,122
1,526
300
15,304
1,816
3,919
865|||
||i|
||||||||||28,209|29,425|||||
|i
|
i|i||Finance||||5.4.25|5.4.24
as restated||||
|H
t|'||||||Raising
donations|||||
|||||||||and
legacies|Total
activities||||
||||||||£|£||||
||||Bank charges||||325|409||||
||||||Other||||5.4.25|5.4.24||||
|||||||||as restated||||
||||||||Raising|||||
||||||||donations|||||
||||||||and|Total||||
||||||||legacies|activities||||
||||||||£|£||||
|||||Depreciation oftangibic fixedassets||||2,515|2,515||||
||i|||||||||||
||{|||||||||||
||||||Governancecosts||||§.4.25|5.4.24
as restated||
||||
|{
j
|||
Raising
;
donations
;
and
Total
legacies
activities
|
£
£
!
Auditors' remuneration
4,800
-||||||||£
£|£
£|£
£|
||||Accountancy fees||||3,600|2,985||||
||i|||||||||||
|||||||||8,400|2,985||||
Page 12
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| ||| Radha Maghay Society (Uh) for the Year Ended 5 April 2025 | 8. TRUSTEES' REMUNERATION AND BENEFITS There were no trustees’ remuneration or other benefits for the year ended 5 April 2025 nor for the year ended 5 April 2024.
Trustees’ expenses i | There were no_ trustees’ expenses paid for the year ended 5 April 2025 nor for the year ended 5 April 2024. '|| i 9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | Unrestricted i |; as restatedfund | | INCOME AND ENDOWMENTS FROM Donations and legacies 623,039 Investment income 376 !1 |Tetal 623,415 | i 1 Raising funds 35,334 | EXPENDITURE ON | Charitable activities Overseas Projects | 545,625 | Local Projects | 3,650 | | Total 584,609 || i| NET INCOME 38,806 | | i |RECONCILIATION OF FUNDS | i | Total funds brought forward 445,179 —_— | TOTAL FUNDS CARRIED FORWARD 483,985
- PRIOR YEAR ADJUSTMENT
During the preparation of the financia! statements for the year ended 5 April 2025, the charity identified that depreciation on certain tangible fixed assets had not been fully provided for in prior financial periods. This omission has been treated as a prior period error in accordance with FRS {02 Section 10 Accounting Policies, Estimates and Errors.
The error has been corrected retrospectively by adjusting the comparative figures for the year ended 5 April 2024 and the opening fund balances as at 6 April 2024, as if the correct depreciation charges had been recorded in those periods. The impact of the prior period adjustment is as follows
Increase in 2024 depreciation charge: £2,515
Reduction in 2024 net movement im funds: £2.515
;| i
Reduction in net book value of tangible fixed assets (2024 comparative): £2.515 Reduction in opening unrestricted funds at 6 April 2024 (pre 2024 depreciation): £29,227 Total reduction in funds: £31,742
| Comparative information for the year ended 5 April 2024 has been restated accordingly.
|
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Radha Madhav Society (UK)
Notes to the Financial Statements - continued
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||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||11.|TANGIBLE FIXED ASSETS|
|||Improvements|
|||{|Freehold|to|
|||||preperty|property|Totals|
||COST|
|||At 6|April|2024 and|5|April|2025|65,000|85,760|150,760|
|DEPRECIATIONAt 6|April|2024|||19,200|12,542|31,742|
|Charge|for year|800|1,715|2,515|
|At|5|April 2025|20,000|14,257|34,257|
|NET BOOK VALUE|
|At|5|April|2025|45,000|71,503|116,503|
|||At 5 April 2024|45,800|73,218|119,018|
||||
||||12.|DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|
|}|||§.4.25|5.4.24|
|as|restated|
|£|£|
||||||||Trade debtors|174,103|110,462|
|||||
|||13.|CREDITORS:|AMOUNTS|FALLING DUE|WITHIN ONE|YEAR|
|5.4.25|5.4.24|
|as|restated|
|£|£|
|Other creditors|8,400|2,985|
|14.|MOVEMENT|IN|FUNDS|
|Prior|Net|
|year|movement|At|
|At 6.4.24|adjustment|in funds|§.4.25|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|$15,727|(31,742)|167,718|651,703|
|TOTAL FUNDS|$15,727|G|I 142)|167,718|651,703|
|||
|||Net|movement|in|funds,|included|in|the above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|||
|Unrestricted|funds|
|Genera!|fund|1,024,466|(856,748)|167,718|
|TOTAL FUNDS|1,024,466|(856,748)|167,718|
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||||||| ||| | 13.
:
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Page 14
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continued...
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|---|---|---|---|---|---|---|---|---|
||i|
|||
||||for|the|Year|Ended|S|April|2025|
|||14.|||MOVEMENT IN FUNDS - continued|
|||Comparatives fer movemeat|in|fuads|
|||pP|Net|
|Tovement|At|
|At|6.4.23|in|funds|§424|
|£|£|£|
|||GeneralUnrestrictedfund funds|445,179|38,806|483,985|
|Po|—-—|—|—|
|i|||TOTAL FUNDS|—|445,179|38,806|483,985|
|||Comparative|net movement|in|funds,|included|mw|the above are as|follows:|
|Tacoming|Resources|Movement|
|||||resources|expended|in funds|
|i||Unrestricted|fuads|
|i|i|General|fund|623,415|(584,609)|38,806|
|t|f|a|——~|
|||||TOTAL|FUNDS|623,415|(584,609)|38,806|
|i|
|||||A current year 12 months and prior year 12 months combined position|15 as follows:|
|year|movement|At|
||||i|At|6.4.23|adjustmentPrior|in|Netfunds|§.4.25|
|i|||£|£|£|£|
|||Unrestricted funds|
|||i|General|fund|445,179|(31,742)|206,524|619,961|
|TOTAL FUNDS|445,179|(31,742)|206,524|619,961|
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i| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: | incoming Resources Movement | resources expended in funds funds
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|---|---|---|---|---|
|incoming|Resources|Movement|
|resources|expended|in funds funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|1,647,881|(1,441,357)|206,524|
|TOTAL FUNDS|1,647,881|(1,441,357)|206,524|
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Badha Madhav Secietv (UK)
|| 15. RELATED PARTY DISCLOSURES | i Trustees and other related parties made donations to the Charity during the year totalling £94,383 (2024: £77.480). | These donations were made on the same terms as those available to the genera! public. No trustee or related party received | | any benefit from these donations. i i No trustee or related party received any remuneration or other benefits from the Charity during the year. || \ | . || | | | | | | i} {'
it
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