FINANCIAL STATEMENTS
RAMAKRISHNA VIVEKANANDA MISSION
FOR THE YEAR ENDED 31/03/2024
ROY & CO. CHARTERED CERTIFIED ACCOUNTANTS
139 WILBRAHAM ROAD FALLOWFIELD MANCHESTER LANCS M14 7DN
RAMAKRISHNA VIVEKANANDA MISSION
STATEMENT INDEX
| PAGE | 1 | OFFICERS & ADVISORS |
|---|---|---|
| PAGE | 2 | ANNUAL REPORT |
| PAGE | 3 | INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES |
| PAGE | 4 | RECEIPTS AND PAYMENTS ACCOUNT |
| PAGE | 5 | STATEMENT OF ASSETS & LIABILITIES |
| PAGE | 6 | NOTES TO THE FINANCIAL STATEMENTS |
| PAGE | 7 | SCHEDULE OF INCOME & EXPENDITURE |
RAMAKRISHNA VIVEKANANDA MISSION
31/03/2024
FINANCIAL STATEMENTS FOR THE YEAR ENDED
OFFICERS & ADVISORS
The Charity is administered by a management committee, comprising:
| LIFE PRESIDENT : VICE PRESIDENT : GENERAL SECRETARY : ASST. SECRETARY : TREASURER : ASST. TREASURER : SOCIAL SECRETARY : CULTURAL SECRETARIES : AUDIO SECRETARY : AUDIO ASSISTANT : COMMITTE MEMBERS : INDEPENDENT EXAMINERS : BANKERS : |
Swami Nityarupananda Mr J K Nath Dr Arun Dey Dr Sankar Rangan Dr Ambar Basu Mr Shyamal Adhikary Dr Saroj Datta Mrs Sarbori Basu & Mrs Rama Rangan Dr Asit Biswas Mrs Balaka Bhattacharya Dr Mridul Datta, Dr Joy Bhattarcharya Mr Sankar Bhattarchya Mrs Tuhira Chatterjee Mr Shibaji Biswas Mrs Paromita Biswas Mrs Seema Datta Mr Bishnu Haldar ROY & CO. CHARTERED CERTIFIED ACCOUNTANTS 139 Wilbraham Road Fallowfield Manchester M14 7DN The Royal Bank of Scotland Plc Bolton Central Branch 46-48 Deansgate Bolton |
|---|---|
Page 1
RAMAKRISHNA VIVEKANANDA MISSION
ANNUAL REPORT
FOR THE YEAR ENDED 31/03/2024
The Ramakrishna Vivekannda Mission, Uk Centre, Victoria Inn, 238 Bridgeman Street, Bolton is registered with the Charity Commissioners No. 328552 and constituted by Deed of Trust.
OBJECTIVES
To preach, practice and propagate the method of realisation of the " Highest Truth" or attainment of liberation from bondage through selfless service for mankind particularly for the suffering humanity irrespective of caste, creed, color or Religion as preached and practised by Sri Ramakrishna Paramhangsa and Swami Vivekananda.
To carry on and conduct all such spiritual and cultural activities that may help the harmonious development of an indicidual and ensure Social and National integrity.
To undertake Social, Educational, Medical and other Welfare activities for the massess particularly for the poor and destitute.
ACTIVITIES AND ACHIEVEMENTS
This year our fundamental objective has been met in that we have again maximised the utilisation of the building facilities for the outer community as proposed in the application to the Big Lottery fund.
The Mission has continued to provide various community activities including cultural activities, music and dance classes.
Mr J K Nath
17/05/2024
Vice President
For and on behalf of the Management Committee
Page 2
RAMAKRISHNA VIVEKANANDA MISSION
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE RAMAKRISHNA VIVEKANANDA MISSION
We report on the accounts of the charity for the year ended 31 March 2024, which are set out on pages 4 to 6.
Respective responsibilities of trustees and examiner
As the charity’s trustees you are responsible for the preparations of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the act, whether particular matters have come to our attention.
Basis of independent examiner’s report
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting record 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
Independent examiner’s statement
In connections with our examination, no matter has come to our attention:
(1) Which gives us reasonable cause to believe that in any material respect the requirements:-
to keep accounting records in accordance with section 31 of the Act; and
to prepare accounts which acord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
(2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
ROY & CO. CHARTERED CERTIFIED ACCOUNTANTS
139 WILBRAHAM ROAD FALLOWFIELD MANCHESTER LANCS M14 7DN
page 3
RAMAKRISHNA VIVEKANANDA MISSION
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31/03/2024
| Excess of Receipts over Payments Balance as at 01-04-2023 Add:Excess of Receipts over Payments RVM - Barrackpore Insurance Repairs & Renewals Heat, Light & Water Telephone Sundry Expenses Subscriptions OTHER CHARITABLE EXPENSES HMRC - Gift Aid Summer Fayer Centre Collection Interest Received Book Sale Balance as at 31-03-2024 Bank Charges Cook, Cleaner & Caretaker Advertisement GENERAL FUND Printing, Stationary & Postage Centre Expenses INCOME Covid - India Covenant Income Hall Hire Ukraine - Donation Saree Sale Brochure Durga Pooja, Kali Pooja & Donations |
2024 6309 860 460 509 - 620 600 - 813 30575 40746 2142 3380 46268 6025 - 2323 446 6736 3231 12601 1715 705 24 4750 - 38556 7712 46268 188360 7712 196072 |
2023 |
|---|---|---|
| 7887 670 340 300 430 1267 - 22 1174 21274 |
||
| 33364 7522 |
||
| 40886 6025 - 2268 311 3238 779 9888 3757 1008 - 4724 69 |
||
| 32067 8819 |
||
| 40886 | ||
| 179541 8819 |
||
| 188360 |
page 4
RAMAKRISHNA VIVEKANANDA MISSION
| STATEMENT OF ASSETS AND LIABILITIES AS AT 415013 334 7775 62415 24515 NET CURRENT ASSETS 95039 510052 NET ASSETS 510052 RETAINED ASSETS AS AT 31-03-2024 196072 313980 510052 Dr Ambar Basu 31/03/2024 GENERAL FUND (BIG LOTTERY FUND) These financial statements were approved by the members of the committee on and are signed on their behalf by: TREASURER BUILDING FUND CURRENT ACCOUNT DONATIONS ACCOUNT 2024 NOTES 1 VIRGIN ACCOUNT CURRENT ASSETS CASH IN HAND REPRESENTED BY FIXED ASSETS BUILDING ENDOWMENT FUND 2 |
2023 | 2023 |
|---|---|---|
| 1069 4683 60273 21302 |
415013 87327 |
|
| 502340 502340 |
||
| 188360 313980 |
||
| 502340 | ||
| 17/05/2024 |
page 5
RAMAKRISHNA VIVEKANANDA MISSION
NOTES TO THE FIANCIAL STATEMENTS FOR THE YEAR ENDED 31/03/2024
1. TANGIBLE FIXED ASSETS
| COST As at 1st April 2023 Additions As at 31 March 2024 DEPRECIATION As at 1st April 2023 Charge for the year As at 31 March 2023 NET BOOK VALUE As at 31 March 2024 As at 31 March 2023 |
413273 413273 0 0 413273 413273 Freehold Land & Buildings |
1740 1740 0 0 1740 1740 Fixtures & Fittings |
Total |
|---|---|---|---|
| 415013 0 |
|||
| 415013 | |||
| 0 0 |
|||
| 0 | |||
| 415013 415013 |
Depreciation is calculated so as to write off the cost of an asset, less its estimated residential value, over the useful economic life of that asset as follows:
Fixtures & Fittings - 15% reducing balance per annum Freehold Land & Buildings - 2% straight line per annum
2. BUILDING ENDOWMENT FUND - BIG LOTTERY GRANT
The building endowment fund represents a grant from the Big Lottery Fund of £260,482 to carry out an extension and improvements to the building at 238 Bridgeman Street, Bolton. This building is to be held as a capital endowment and is to be used by the Mission and the community. The building is being depreciated in line with the policy stated in note 1.
page 6