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2023-03-31-accounts

PANDIT RAM SAHAI SANGIT VIDYALAYA

Institute of Performing Arts and Heritage

PANDIT RAM SAHAI SANGIT VIDYALAYA ANNUAL REPORT 2023

PANDIT RAM SAHAI SANGIT VIDYALAYA INSTITUTE OF PERFORMING ARTS AND HERITAGE

Contents

Contents
Serial No. Particulars Page
1 Legal and Administrative Information 3
2 Report of the Trustees 4
3 Independent Examiner’s Report 7
4 Balance Sheet 8
5 Statement of Financial Activities 9
6 Notes forming part of the financial statements 10

Page 2 of 12

PANDIT RAM SAHAI SANGIT VIDYALAYA

Institute of Performing Arts and Heritage

Legal and Administrative Information

Constitution and objects Pandit Ram Sahai Sangit Vidyalaya, Institute of
Performing Arts and Heritage is governed by a
trust deed dated 4thJanuary,1989
Trustees 1. Chiman Lal Patel - Chair
2. Mr. David Griffiths
3. Dr. Jill Scarfe
HonoraryDirector Dr. Frances Shepherd
Executive Advisory Panel 1. Mrs. Neena Sohal
2. Mr. Anjan Saha
3. Mr. Ariel Van Stratten
4. Mr. Vamshikrishna Vishnudas
5. Mr. Divyanand Caird
Registered Charity
Number		 328062
Registered Office Dominion Centre & Library, 112, The Green,
Southall,UB2 4BQ
Administration Office Dominion Centre & Library, 112, The Green,
Southall,UB2 4BQ
Independent Examiner Sampath Marakkala
Greenford, Middlesex
Bankers Barclays Bank Plc
Hounslow TW3 1DL

PANDIT RAM SAHAI SANGIT VIDYALAYA INSTITUTE OF PERFORMING ARTS AND HERITAGE

Report of the trustees for the year ended 31[st] March 2023

The trustees of Pandit Ram Sahai Sangit Vidyalaya present their annual report and accounts for the year ended 31 March 2023.

ACHIEVEMENTS IN 2022-2023

PRSSV continues to consolidate its core activities of an Examinations Board and Music classes while developing its Heritage funded projects. A pool of volunteers continues to increase along with clientele through examinations work, training of musicians and dancers.

CONSTITUTION

Pandit Ram Sahai Sangit Vidyalaya ("PRSSV") was established in December 1987 and registered as a charity on 15[th] February 1989. The affairs of PRSSV are managed by trustees in accordance with the trust deed dated 4[th] January 1989.

AIMS

The aim of the charity Pandit Ram Sahai Sangit Vidyalaya ("PRSSV") is to promote high standards in the education and performance primarily in Indian and other World music, dance and related art forms. PRSSV aims to educate the public in oral art forms and to promote collaborations between artists from different cultures.

OBJECTIVES

Pandit Ram Sahai Sangit Vidyalaya is a multidisciplinary arts organisation with its focus on providing a variety of activities for all people interested in the performing Arts of the Indian subcontinent and in addition more recently, those connected with the Eastern Caribbean. Through a range of innovative projects, it works to enhance the practice, understanding and appreciation of the music and dance of South Asia and related art forms, and provision of Graded Examinations in Steel Pan. Now in its 36[th] year, from its base in West London it works with organisations and artists nationally and internationally through its network of affiliated organisations.

In furtherance of its aims and objectives, the PRSSV operates through discreet member groups to provide education, training, examinations work, heritage projects and performances for its clients and the wider public.

In this financial year PRSSV has continued to make significant developments in some areas of its work and its main achievements have been as follows:

The PRSSV Examinations Board PRSSV Board operates under the umbrella of the Institute for Performing Arts and Heritage and provides examinations leading to OCN Credit4Learning accredited qualifications in World Music and Dance, and in Heritage Skills. The institute currently provides its examinations both online and in person. The work of the Institute during this financial year has been to continue to:

Sangeet College (SC) has a robust teaching programme that gives students a well-rounded music and dance education. It has formalised a programme to provide advice and support for teachers in community organisations on curriculum development and teaching.

The college provides training mainly in person but has been able to increase access to a wider pool of students through holding some classes online. It provides opportunities for students to perform and to accompany each other at live events. The pandemic and the cost-of-living crises continues to effect our revenue stream and increased costs by suppliers.

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PANDIT RAM SAHAI SANGIT VIDYALAYA INSTITUTE OF PERFORMING ARTS AND HERITAGE

Pandit Ram Sahai Sangit Vidyalaya (PRSSV) received a grant from the National Lottery Heritage Fund to run a project, New Horizons: Accredited training opportunities to sustain a legacy for World Music Heritage. Through this project PRSSV has developed partnerships with the Music Services in a number of London Boroughs and expanded its teacher training with Steel Pan, Hindustani and Carnatic musicians.

PUBLIC BENEFIT

The work of the Trust promoting Indian and other oral music and dance traditions through education, training and performance generates a considerable public benefit. Firstly, its work is carried out through a variety of activities and projects that ensure our beneficiaries are drawn from a wide range of backgrounds and ethnic groups. These include children and adults of all ages, members of black, Asian and other ethnic groups, refugees, people with disabilities, as well as amateurs and professional performing South Asian artists, Steel Pan artists and artists from other disciplines and cultures.

Our work provides all communities with many opportunities to experience and/or learn the performing arts of India. Drawing on the expertise of traditional and western trained artists and scholars, it provides different route maps into this ancient heritage. Teachers and students can develop through a Western teaching and examination route, or the Guru Shishya (teacher disciple) traditional way. Audiences are provided with unique high-quality experiences that both open them to understand and appreciate the heritage as well as ways in which that heritage is informing the creative work by young upcoming artists. We adapt our work to a variety of contexts from the concert hall, international festivals and community venues.

It is envisaged that current rolling out of Graded Examinations, Music Awards and specific training for students and teachers of Global Music will be

enabled to continue to develop in the manner outlined above.

Organisation

A board of trustees administers the trust.

Risk Assessment

The trustees have identified the major risks to which the charity would be subjected to and are taking the necessary steps to mitigate the same.

Reserves

The Charity is intended to have available in unrestricted reserves four months funding in anticipation of potential future cuts. Additionally, funds will be sought in order to conduct an orderly wind down of the charities’ affairs and meet any statutory contractual liabilities.

Trustees’ Responsibilities in relation to the Financial Statements

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which gives 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 these financial statements, the trustees are required to:

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PANDIT RAM SAHAI SANGIT VIDYALAYA INSTITUTE OF PERFORMING ARTS AND HERITAGE

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 Charity Act, 2011. 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.

Page 6 of 12

PANDIT RAM SAHAI SANGIT VIDYALAYA INSTITUTE OF PERFORMING ARTS AND HERITAGE

Independent Examiner’s Report to the Trustees

I report on the accounts of the trust for the year ended 31[st] March 2023, which are set out on page 8 to 11.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (The Charities Act) and that an independent examination is needed.

It is my responsibility to:

My examination was carried out in accordance with the general Directions given by the Charity Commission. 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 no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent Examiner’s 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:

  2. to keep accounting records in accordance with section 130 of the charities act.

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or

  4. To which, in my opinion, attention should be drawn in order to enable a proper understating of these accounts to be reached.

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PANDIT RAM SAHAI SANGIT VIDYALAYA INSTITUTE OF PERFORMING ARTS AND HERITAGE

Approved by the trustees on January 28[th] , 2024 and signed on their behalf by

Chimanlal Patel - Chair

The notes on page 10 form part of this financial statement

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PANDIT RAM SAHAI SANGIT VIDYALAYA INSTITUTE OF PERFORMING ARTS AND HERITAGE

Approved by the trustees on January 28[th] , 2024 and signed on their behalf by

Chimanlal Patel - Chair

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PANDIT RAM SAHAI SANGIT VIDYALAYA INSTITUTE OF PERFORMING ARTS AND HERITAGE

Notes forming part of the financial statements for the year ended 31[st] March 2023.

Accounting Policies

The financial statements have been prepared under the historical cost convention.

In preparing the financial statements the charity follows best practices as laid down by the Charities Commission.

B. Fund Accounting

Funds held by the Charity are either:

C. Tangible Fixed Assets

Fixed assets are recognised at purchase cost and never have been re-valued. Purchased item is recognised as fixed asset only if their purchase cost exceeds £500 and its useful expected life is estimated to last for more than one year otherwise, they are fully expensed in the year of purchase.

Fixed Assets are generally depreciated at the rate of 33% per annum or with respect to its estimated economic life on the purchase cost.

The trust is an association governed by trust deed.

E. Taxation

No liability to UK Corporation tax arose on the ordinary activities for the year.

No related parties Transactions to report this year.

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PANDIT RAM SAHAI SANGIT VIDYALAYA INSTITUTE OF PERFORMING ARTS AND HERITAGE Al. Fixed Assets Opening Cost 30,278.30 Addisions wihin the year 1,175.00 aosing cost c/F 31,453.30 Opening Dep_n B/F 25,682.91 Dep_n Exp within the year 2,691.34 aosin8 Dep_n C/F 28,374.25 NETVALUE 3,079.05 Page 11 of 12

PANDIT RAM SAHAI SANGIT VIDYALAYA INSTITUTE OF PERFORMING ARTS AND HERITAGE

D1. PRSSV UNRESTRICTED FUNDS

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