**REGISTERED CHARITY NUMBER: 511166**
## **Report of the Trustees and**
## **Financial Statements**
## **for the Year Ended 31 December 2022**
## **for**
**The Community of the Many Names of God**
Ashmole and Co. Chartered Certified Accountants and Statutory Auditors Williamston House 7 Goat Street Haverfordwest Pembrokeshire SA61 1PX
**The Community of the Many Names of God**
## **Contents of the Financial Statements for the Year Ended 31 December 2022**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 15|
|**Report of the Independent Auditors**|16 to 18|
|**Statement of Financial Activities**|19|
|**Balance Sheet**|20|
|**Cash Flow Statement**|21|
|**Notes to the Cash Flow Statement**|22|
|**Notes to the Financial Statements**|23 to 33|
|**Detailed Statement of Financial Activities**|34 to 35|
## **The Community of the Many Names of God**
## **Report of the Trustees for the Year Ended 31 December 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **Legal and administrative information**
The full name of the Charity is:
**The Community of the Many Names of God.** (Reg. charity no. 511166)
The Charity is a Trust and an Unincorporated Charity
The Working name of the Charity is:
## **Skanda Vale** and **Skanda Vale Temple**
The **governing instrument** of the Charity is a Trust Deed. The declaration of trust is dated 17th September 1980 and includes the Supplementary Declaration of Trust dated 9[th] February 2002 and the Supplementary Declaration of Trust dated 12[th] December 2015 and amendment by resolution dated 7[th] October 2017 and Deed of Variation dated 11[th] July 2020
The Charity constitutes a Board of Trustees. The maximum number of Trustees at any point in time is 11 of whom not less than 3 and not more than 6 shall be members of the community (monastic trustees), and not less than 2 and not more than 5 shall be persons who are not members of the community (lay trustees).
The **Board of Trustees** holding office in 2022 is as follows:
Swami Suryananda - (Michael Denis Begley) Chair Swami Govinda - (Justin Raymond-Barker) Secretary Swami Premanataraj (Jakob Willi) Director of Finance Swami Narayana - (Kenneth Vivian) Swami Yogananda (Stefan Suter) Sister Ally (Allison Taber) Mrs. Kumi Ariyadasa Robin Rose Mani Govindan Anjna Chavda
## **Method of Nomination and Appointment of Trustees**
Every Trustee has power to nominate one or more Trustees. This is made and effected by a special resolution. A special resolution, meaning a resolution passed at a Trustees meeting supported by a majority of not less than two thirds of the Trustees voting.
## **Recruitment of New Trustees**
The trustees would look to recruit new trustees to the board who are able to actively commit to participating in the administration of the charity and who demonstrate a keen interest in the charity’s affairs. The trustees aim to have a broad range of skill sets and combination of life and work experience represented on the board that is relevant to the operation of the charity. Trustees are recruited through personal recommendation of any of the existing board members. Representation from women and minority groups is welcome.
Any new trustee would be required to sign a _fit and proper person declaration,_ would be required to undergo a DBS check, and checks would be made on the persons eligibility to be a trustee- in particular that they are not disqualified from being a trustee. The trustees would also follow Charity Commission guidance on conflicts of interest CC29 to ensure appointments follow best practice.
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## **The Community of the Many Names of God**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **Training of new trustees**
It is one of the current trustees responsibility to ensure all new trustees are given a copy of the charity’s governing documents and relevant online guidance from the charity commission regarding the key responsibilities of trustees in an induction pack. They are brought upto speed with the key projects of the charity, financial matters and any other current relevant issues of the charity. They are given access to copies of historical trustees minutes and encouraged to discuss all aspects of the charity with current trustees on an informal basis to gain familiarity with the affairs of the charity.
## **The principal address of the Charity is** :
Skanda Vale, Llanpumsaint, Carmarthenshire SA33 6JT
## **Relevant Organisations**
**Bankers:** CAF Bank Ltd., Kings Hill, West Malling, Kent ME19 4TA Lloyds Bank Ltd., 43 King Street, Carmarthen SA31 1BW
**Auditors:** Ashmole & Co, The Old School, The Quay, Carmarthen SA31 3LN
**Insurance Brokers:** Endsleigh Insurance Brokers, Hadley House, Shurdington Road, Cheltenham, GL51 4UE
**Solicitors:** Stone King, 13 Queen Street, Bath, BA1 2HJ
**Restrictions Imposed by Governing Instruments Concerning the Operation of the Charity** 1) The Trustees shall hold at least 4 Ordinary Meetings in each year, at least one in every quarter.
2) The objects of the trust shall only be promoted in such a way as to benefit the public
3) Every matter at any meeting of the Trustees shall be determined by the majority of votes of the Trustees voting on the matter. In the case of equality of votes, the Chairman shall have the casting vote whether he has or has not previously voted. The Trust Deed provides for stricter minimum quorum requirements for other specific matters therein.
4) A Minutes Book shall be provided and kept by the Trustees and the proceedings and resolutions of any meeting shall be evidenced therein.
5) The Trustees may open and maintain bank accounts in the Charity's name operated by at least two Trustees nominated by the Board of Trustees.
6) The Trustees shall provide books of accounts in which shall be kept all proper account of all money received and paid for the purpose of the Charity.
7) No Trustees shall take or hold any interest in any property subjected to the Deed of Trust otherwise than as a Trustee for the purposes provided by the Deed, or be interested in the supply of work or goods at the cost of the Charity.
8) The property subject to the Trust Deed or the income thereof shall not in any case be applied for any purpose not falling within the purposes declared by the Deed.
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## **The Community of the Many Names of God**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**
.
## **Trustees holding the title to property belonging to the charity**
A Memorandum of retirement and appointment of property trustees dated 30[th] October 2017 appointed the following trustees to hold the title to all property belonging to the charity. All charity Land Registry deeds were updated accordingly.
Swami Govinda (Justin Raymond – Barker) Swami Narayana (Kenneth Charles Vivian) Swami Suryananda (Michael Denis Begley)
## **Summary of specific investment powers**
The Trustees may invest any money requiring investment in or upon any investment for the time being authorised by law for the investment of trust funds or in the purchase of freehold or leasehold land in Great Britain, provided that in relation to any purchase of freehold or leasehold land the Trustees shall obtain and consider expert advice as to the value and suitability thereof and shall not invest more than one half of the funds available for investment therein.
## **Objectives of the Charity**
1) To promote, for the benefit of the public, the public worship of God in his Universality in accordance with the spiritual teachings of Krishna as set out in the Bhagavad-Gita, at the Hindu Temple maintained by the Community at Skanda Vale or any other places of public worship maintained or used by the Community.
2) To advance religion and religious education by propagating to the public the said spiritual teachings about the worship of God in his Universality.
3) To maintain a community of people living together in accordance with the aforesaid spiritual teachings as a religious community promoting such public worship both at the temples maintained by the Community and elsewhere, offering shelter, hospitality and spiritual refreshment and where relevant relief from poverty to those who by reason of penury, physical disability or any form of mental or spiritual breakdown are in need of such refuge without regard to race or creed, sending out members of the Community to provide spiritual refreshment and spiritual advice to members of the public who are for the foregoing reason in need of such refreshment or advice and assisting in the rehabilitation of alcoholics, drug addicts or delinquents who are in need of such rehabilitation.
4) To relieve the poverty of deserving persons who are in need and to support by donations and otherwise charitable institutions for the relief of poverty.
5) To relieve the sickness and suffering and to promote the spiritual well-being of persons of all ages requiring palliative, specialist and medical care by the provision of home care and hospice care for both day patients and resident patients.
## **Public Benefit**
The Trustees review on an ongoing basis the policies and activities of the charity to ensure they continue to adhere to the objectives of the Charity taking into consideration both Charity Commission general guidance on public benefit and the Commissions supplementary guidance on the advancement of religion for the public benefit.
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## **The Community of the Many Names of God**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**
## **Policies for Furtherance of Objectives**
## **Public Worship**
The Community of the Many Names of God is committed to holding and facilitating daily public worship in the four Temples maintained at Skanda Vale, promoting religious harmony to the public. In the main Temple the world's major religions are represented and treated with equal reverence and respect. Throughout the year major festivals of different religions are celebrated in the Temples. Members of the public are given every possible opportunity to take part in the devotions to God in the Temples, irrespective of their religious beliefs, race or creed.
## **Development of Facilities and Services**
Emphasis is placed on extending hospitality to all members of the public coming to Skanda Vale. The Community has an ongoing program to maintain and improve facilities at the monastery to adequately support the orderly running of an organisation that caters for an annual congregation of 90,000 visiting pilgrims.
## **The resident Monastic and lay Community**
The Charity fully supports, sustains and develops the resident monastic Community of 22 monks and nuns and a resident lay Community of 5 based at Skanda Vale, providing accommodation and reasonable, modest personal needs. It is through the spiritual practice, dedication and commitment of the resident Community that the work of the charity is manifest and realised. It is a fundamental principle that the work done by the resident Community is on a purely voluntary basis. No member of the Community or trustee receives any remuneration whatsoever for any work done or services provided. The vast majority of the daily running of Skanda Vale monastery is done by the monastic community and volunteers: Maintenance of the Temples and provision of Temple services, provision of food and accommodation for visiting pilgrims, caring for the animals and monastery grounds, counselling and supporting members of the public and administration of the charity.
In addition to this the members of the Community volunteer substantial time in significant roles at Skanda Vale Hospice.
## **Education**
The Community makes every effort to engage with pilgrims and their families through dialogue and “satsang” drawing upon the spiritual inspiration and experience of our lives, educating people on how to develop a living, vibrant partnership with God. Educational visits are welcomed, providing an opportunity for the wider public to learn about the life and work of the Community in the context of our spiritual life.
## **Direct Food Aid and Charity support**
The charity continues to work with local, national, and international charities through supplying direct food aid for distribution.
## **Skanda Vale Hospice**
One of the core objectives of the charity has been to provide and develop a palliative care service for people diagnosed with a life threatening illness. Towards this the charity developed a 6 bed hospice in Saron Carmarthenshire
The trustees sought legal advice with regards to the most appropriate governance structure and legal entity to run the new Hospice service. It was decided to form a new Charitable Incorporated Organisation, Skanda Vale Hospice CIO (SVH CIO), which became registered with the Charity Commission on 22[nd] March 2016 number 1166180. Operational running of the hospice transferred to the new CIO in July 2016.
To ensure that SVH CIO would operate following the ethos of the existing charity, safeguards were put in place in the constitution regarding the appointment of trustees. The CIO would have a maximum number of 13 trustees. The chairman, ex officio trustee would be the chairman of The Community of the Many Names of God (CMNOG), 2 life trustees would be appointed by the CMNOG board from the monastic community, up to 4 Nominated trustees would be appointed by the CMNOG board from the monastic community of whom 1 could be a lay member. Up to 6 trustees, the appointed trustees would be nominated by the CIO board. This enabled trustees with particular expertise and interest in palliative care to be appointed to SVH CIO to work alongside the monastic trustees. In addition to this, the objects of SVH CIO were drafted to be closely aligned with CMNOG object on palliative care.
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## **The Community of the Many Names of God**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**
It is the intention of CMNOG to continue to fulfil its object in relation to the provision of palliative care through direct and continued support primarily through our commitment to provide the core volunteer staff for the hospice and to work closely with SVH CIO on fundraising and volunteering initiatives. CMNOG will also from time to time make financial donations to SVH CIO at the discretion of the trustees.
The Main Hospice building in Saron is owned by CMNOG and leased to SVH CIO on a 50 year rolling lease for peppercorn rent of £1 per anum. To provide certainty of Funding, a Licence agreement for the CIO to use the Hospice Fundraising area in Skanda Vale has also been agreed with no rent payable. A charity shop in Newcastle Emlyn which opened in January 2017 is also owned by CMNOG and leased to the CIO on a peppercorn rent of £1 per anum to provide a sustainable cost effective source of income for the hospice service. In 2022 CMNOG donated £25,439 in funds to the CIO.
There are several fundamental principles based on the spiritual teachings of God, as set out in the Bhagavad-Gita, to which all aspects of the Community's life and work adhere.
## **God is free**
There is no place for commercialism in Skanda Vale. There is no charge to any member of the public for food, accommodation, Temple services, advice, counselling, and care provided by members of the Community in any aspect of the Charity's work. It is a fundamental principle of the Community never to ask for, infer the need of, or solicit in any way, funds or goods for the use of the Community at Skanda Vale. Donations and gifts in kind including the substantial amount of food stuffs that are brought to the Community are offered anonymously in the Temples to God and are used in the service of God for the benefit of the public. Devotees are thus able to worship God free from the feeling of being expected to provide goods or money to the Community. Opportunities for the public to financially support the Hospice work of the charity are created in Skanda Vale by the provision of a Cafe and gift emporium where goods are available on a donation basis to pilgrims. In addition the work of the Hospice is supported by fundraising events and activities where all funds raised are treated as restricted and applied for the Hospice part of the charity’s work.
## **Skanda Vale is a sanctuary for life.**
Worship of God in his Universality is recognising and serving the embodied divinity in all of life and creation. The many animals and plants that are part of the Community provide an opportunity for both the monastic Community and the general public to discover and serve God not only in fellow human beings but also in all aspects of life and nature. It is therefore a policy of the Charity to provide all necessary facilities, veterinary care, feed, and any other related items to ensure all animals under the care of the Community receive the highest possible quality of life from their birth, through life, health and sickness, to their natural death.
## **Organisation of the Charity**
The Charter of the Community, the monastic rule of the Order, is the basis on which the Charity is run and organised. All monastic members of the Community have to abide by the Charter which has been drawn up and evolved through experience, by the Council of Swamis. The monastic Community consists of novices, monks, nuns and swamis. The Council of Swamis is a group of five senior monastics responsible for ensuring the smooth running of the Community on a daily basis, meeting weekly to discuss the changing needs and developments necessary to further the work of the Community, discussing and addressing the problems and difficulties that come to light in creating a harmonious environment for the worship and service of God. The members of the Swamis Council holding office in 2022 were, Swami Govinda, Swami Suryananda, Swami Narayana, Swami Yogananda and Swami Premanataraj.
Every quarter the Trustees of the Community meet to discuss overall policy, financial position, projects and matters relating to the Community on a wider scale. All current members of the Swamis council are Trustees of the Community and hold the positions of Chairman, Secretary and Director of Finance. As such the Trustees are able to maintain clarity of vision and purpose in adherence to the spiritual teachings of Krishna which form the basis of the Declaration of Trust for the Charity. Consultation and discussion with the lay Trustees, not only in the meetings but on a regular informal basis throughout the year, helps to enrich the breadth and perspective of the trustee body as a whole. All trustees are consulted and a majority consensus sought prior to acting on any matter judged significant by the Swami’s Council that may affect the Charity’s financial position or ability to fulfil its objectives. The charity observes a strict internal financial control policy submitted as part of our annual audit.
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**The Community of the Many Names of God**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**
## **Major Events, Progress and Achievements of the Charity throughout the Year**
## **How our Activities deliver public benefit**
## **Public Worship, pilgrimage, spiritual support and education**
The Community continued to conduct daily public worship at the three Temples at Skanda Vale throughout the year. Pilgrim numbers increased throughout the year back to pre covid levels.
All pilgrims were offered prasaad -blessed food, free of charge, in the form of a full cooked meal three times a day. The Community provided free accommodation at Skanda Vale for pilgrims wishing to stay a minimum of four nights or more. This change in policy (prior to this pilgrims could come for one night or more) resulted in far higher engagement of visiting pilgrims in seva and worship and a significant reduction in accommodation cancellations or “no shows”
We were once again able to host a range of educational groups at the ashram
Daily streaming of live services from the Temples continued to provide much needed spiritual nourishment for our large congregation.
Members of the public were able to easily submit on line prayer requests, offered by the resident community in the Temples
We increased our online content such as video footage of key festivals and services and actively used what’s app groups and social media to post regular content and information to devotees
A volunteer team continued working remotely to transcribe and prepare content for our online forums. By March 2022 the team had transcribed 95 seminar sessions that were being uploaded to a new website which we set up as the main platform for the teachings of our founder, Guru Sri Subramanium. www.gurusrisubramanium.com
We conducted regular online satsangs alongside our team in Switzerland, to which members of the public could actively participate.
We continued to run Soma Skanda Ashram in Switzerland with a continuous presence of members of the monastic community running the Temple supported by our Swiss trustees and seva team. Online newsletters and posts were regularly provided to help engage and inspire both existing and new pilgrims.
## **Facility and Infrastructure improvements**
## **Pilgrim Toilets**
By September two new portable toilet units including disabled facilities were purchased and installed adjacent to the main car park. The units were connected to the main sewage treatment plant. Total cost for the project was £53,465
## **Work Shop, Car Park Shelter and improvements to monastic accommodation chalet**
These three smaller projects were completed and brought into use at a cost of £3624 in 2022.
## **Improvements to volunteer resident’s accommodation**
A straw Bale accommodation area was developed using sustainable materials including home grown timber and clay based render. £42,673 was spent in 2022, with the project completion scheduled at the end of the SV50 celebrations in 2023.
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**The Community of the Many Names of God**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**
## **Straw bale office space**
In 2022 £12,899 was spent completing the hospice straw bale office again primarily constructed from home grown timber and sustainable materials.
## **Milling Area**
Improvement to the milling area used to prepare the timber for both the Shirdi Temple and other SV 50 projects , were made costing £1820
## **50[th] Anniversary (SV50)**
The trustees had agreed a range of projects to celebrate the 50[th] anniversary of Skanda Vale in 2023. These were a new Temple for Shirdi Sai Baba to be located near to the Sri Ranganatha Temple; the installation of a large VEL and three headed Naag on the hill top overlooking the main temple precincts- it was in the form of a three headed Naag that Lord Subramanium appeared to Guruji many years ago and with his Vel gave Guruji the divine mandate, power and authority to establish Skanda Vale; and thirdly a hall where devotees could honour our founder Guru Sri Subramanium and discover more of his teachings, contemplate, meditate and participate in satsangs, on the location of the old elephant barn in the Maha Shakti Temple precincts.
By year end it was clear that we would have to put Guru Hall project on hold due to lack of both financial resources and available project time. Instead we would focus a third SV50 event around Gurus Samadhi in October 2023. Initially we were going to commission a statue of Guru for the new hall, however the Swamis Council was then inspired to change this to the commission of a life sized statue of St Francis of Assisi, with whom the Community has a deep connection, to be placed in the Sri Ranganatha Temple area.
## £2011 was spent preparing a camping area ready for the SV50 celebrations
A project management team was set up and coordinator leads appointed from our Seva team to develop and implement the plans for the SV 50 events, reporting back to the Swamis Council for key decisions.
## **Shirdi Sai Temple**
Planning permission was granted and work proceeded on the Shirdi Sai Temple. By year end the main Temple structure, roof and inner dome had been completed as well as an element of external works. Deposits for the main life sized statue of Shirdi Sai Baba in white marble from India, the mosaics and external joinery had also been paid. Costs on the project in 2022 was £110,584
## **Construction equipment**
The community purchased a used 3 ton mini excavator for £8,000 and a pan concrete mixer for £4,000 which were used extensively in the various projects throughout the year.
## **VEL and Parikrama route**
Vehicular access to enable preparation at the VEL site was improved. Steel reinforced concrete foundations were installed including the plinth for the VEL. Deposits for the Naag statue and St Francis statue were paid. In total £24,796 was spent on the project in 2022.
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## **The Community of the Many Names of God**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**
## **Sanctuary and Service to life**
Improvements were made to one of our stables at a cost of £7115 including the provision of sand flooring to help care for the Community’s elderly horses. We rescued three pigs that would have been killed and created a new electric fenced field and shelter for them to live in at a cost of £1581.
The arrival of the new elephant, 'Camela', for whom we paid a £17,000 transfer fee, in March was a highlight in the year. The reunion of 'Camela' with 'Laksmi' was an exceptional event, as these two lifelong companions were back together. What was even more surprising was the instant bonding of 'Valli' with the new arrival, which meant that from day one, they formed a cohesive group. The supporting experts were amazed and, of course, deserve much credit for the success.
The paperwork involved in moving an elephant post-Brexit was enormous, and the fact that this was the first time a large exotic animal was moved since Brexit highlights the complexity of the process. The transport was carried out by EKIPA, a specialist transport company.
In preparation, some improvements were made to the elephant enclosure. Two grazing fields were added, increasing the total size of the fenced elephant enclosure to over 7 acres. Additionally, a network of small 2-foot-wide paths was prepared through the fields, protecting them from damage during wet weather and improving the overall usability of the fields.
## **Sustainability**
As part of the Community’s energy policy £24,389 was spent installing a 24KW solar array on the Elephant barn roof. The Community part exchanged two older petrol/ diesel vehicles for all electric vehicles, a Kia eniro £36,995 and a Renault Zoe for £24,495 with part of the capital cost spread through Hire Purchase agreements on both vehicles. Two 7KW Charging points were also installed at the top site.
## **Volunteering**
The 27 strong full time resident community is unpaid, volunteering around 75, 000 hours over the year in total as an act of service to God in running and maintaining the Temples, ashram estate of 300 acres, caring for the animals in our care, feeding, accommodating and caring for the pilgrims visiting the Community
In addition, approximately 8,000 hours were provided by volunteers working remotely. A coordinated rolling team of 25 to 30 transcribers ,translators, picture and video editors have volunteered throughout the year compiling and preparing content for our online forums as well as our SV50 team.
## **Direct Food Aid**
In 2022 we were able to provide just under 65 tonnes of direct food aid to the charities and NGOs listed below.
This included just under 41 tonnes of direct food aid to Ukraine to assist in the humanitarian relief work there.
We also purchase a replacement van at a cost of £15,000 to help with the onsite logistics of managing food aid in Skanda Vale.
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## **The Community of the Many Names of God**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**
|**STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**|**STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**|**STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**|
|---|---|---|
|Organisation
Aid in KG
Area of Operation|||
|ACT
Foundation|21105|International|
|Ally Price -
Youth Worker|90|Local|
|AwayDays|200|Local|
|Black Country
Food Bank|1450|National|
|Carmarthen
Mind|90|Local|
|CDAS|92|Local|
|Christmas
Hampers|3000|Local|
|Ganhardvika|56|Local|
|Grace Kitchen|100|National|
|International
Aid Trust|15250|International|
|Jesus Cares
Newport|5590|National|
|Llanelli Mind|65|Local|
|Oasis Cardiff|2083|National|
|Refugee
Community
Kitchen|8000|International|
|Romanian Aid
Foundation|7200|International|
|Saravanabhava
Seva Trust|400|National|
|Shirdi Sai
Temple
Leicster|120|National|
|Wales
Romanian Aid|100|Local|
|Total Aid Donated
**64991**|||
## **Financial Review**
## **General Comments on SOFA and Balance Sheet**
The Charity operates both general unrestricted Funds were funds can be used for any of the charitable objectives of the charity without donor restriction and Restricted Funds were funds are held in a variety of specific funds following donor restrictions . Where grants have been received they are included in restricted funds unless they have been donated towards unrestricted charity funds. Details of the charity’s specific funds can be found in the notes to the accounts. The charity also holds permanent endowment funds were in the charity’s case the asset (land) has to be used for the purposes of the charity and cannot be sold or disposed of.
## **Unrestricted Funds**
There was a significant increase in overall income to the charity unrestricted funds to £701,752 (£390,748 in 2021). Total Community expenditure of unrestricted funds on charitable activities at £493,463 was an increase of £126,016 on the previous year’s figure of £367,447. This was due to general inflation, increased cost of living and level of charitable operation exceeding pre covid levels.
At year end £102,428 of unrestricted funds was held in cash in various accounts.
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## **The Community of the Many Names of God**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**
## **Restricted Funds**
There was an increase in overall restricted income from £20,627 in 2021 to £37,798 in 2022
Overall restricted fund expenditure of £87,927 in 2022 was similar to £87,492 in 2021. At year end (£5,956) of restricted funds was held in cash in various accounts.
## **Major developments since year end**
Shirdi Sai Baba Temple was completed and inaugurated on 12[th] June 2023
The VEL was installed and parikrama route opened on 6[th] August 2023
Camela the elephant passed away in October 2023
## **Funds and Reserves**
At 31.12.2022 the charity held £5,307,920 of total funds.
Of these funds £2,477,448 was held in restricted funds not available for the general purposes of the charity.
A further £440,000 is held as permanent Endowment and as such not available for the general purposes of the charity. These funds are all held as tangible fixed assets with a donor restriction that they cannot be disposed of.
£2,390,472 of charity funds are held as unrestricted funds of which £2,307,682 are held as tangible fixed assets. This leaves £82,790
## **Free Reserves at year end 2022**
This leaves a free cash reserve of £82,790 at year end 2022
The trustees review the Charity’s needs for reserves quarterly to in line with the SORP (FRS102). The trustees have revised the charities reserves policy to make it more responsive to fluctuations in income over any twelve month rolling period
**Tier 1 ‘cash flow reserves’** are to ensure there is sufficient cash flow available to guarantee the day to day running of the charity. They are calculated prior to each trustees meeting (minimum quarterly) and are equal to the projected income/ expenditure deficit over the following 12 month period.
This amount is then added to tier 2 and tier 3 reserves
**Tier 2 ‘running cost reserves’** are to safeguard the charity through periods of unexpected difficulties. The running cost reserves are currently set at £40k- this figure is reviewed each trustees meeting
**Tier 3 ‘survival reserves’** are to enable the charity to survive unexpected severe financial challenges. The survival reserves are currently set at £60K – this figure is reviewed each trustees meeting
Generally minimum reserves (tier 2+tier 3 kept) subject to there being no forecast deficit over the following 12 months, equals £100k.
The trustees acknowledge that reserves dropped below the tier 3 reserves of £60k, however the risk of adverse impact to the charity was mitigated by monitoring cash flow live over the period 2022/2023 to ensure that all contractual commitments could be met, project spend on the major infrastructure projects and SV50 events was planned in terms of cash flow, general income and expenditure levels tracked weekly and compared to budgets to ensure available funds. The trustees aim to increase reserves by the end of 2023 to safer operational levels.
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**The Community of the Many Names of God**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**
## **Risk Statement**
The Charity Trustees have given consideration to the major risks to which the charity is exposed and satisfied themselves that systems or procedures are established in order to manage those risks
## The **Principal Risks and uncertainties facing the charity as identified by the trustees**
## **Identifying Risk**
The trustees have considered the following areas to help identify the risks to the charity:
- The charity’s objectives
- The delivery of project outcomes that need to be achieved
- The nature and scale of our activities
- The operating structure of our organisation
- External factors such as regulation, legislation and registration
The following table summarises the risks, their potential impact and the plans and strategies that the trustees have implemented to mitigate the risks:
||||
|---|---|---|
|**risk**|**impact**|**mitigate**|
||||
||||
|Governance risk|||
||||
||||
||||
|Trustee body lacks skills
and confidence|Too many big decisions in the
hands of a few individuals.|Trustees need training to boost
confidence to take ownership and
initiative over project / tasks.|
||||
||||
|Loss of key staff|Operational impact on charity|Comprehensive, accessible and
secure filing system with full
backup
Key roles and
responsibilities understudied|
||||
||||
|Overload of key
staff|Trustees unable to fulfill
responsibilities effectively|Sharing responsibilities and
annual review of trustee roles.
Quarterly risk review.|
||||
||||
|Reporting to trustees -
accuracy, timeliness and
relevance.|Lack of time to review
information and
formulate an appropriate
response.|Timely and accurate project reporting.
Regular contact between trustees and
senior staff, to spread workload if
necessary.|
||||
||||
|Legal structure of the charity|Potential liability of trustees and
loss of key fixed assets|Setting up a charitable incorporated
organisation to run the hospice,
leaving the assets protected in the
charitable trust.|
||||
Page 11
## **The Community of the Many Names of God**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**
||||
|---|---|---|
|Operational risk|||
||||
||||
|Legal structure of the charity|Potential liability of trustees and loss
of key fixed assets|Setting up a charitable incorporated
organisation to run the hospice,
leaving the assets protected in the
charitable trust.|
||||
||||
|Project or service development|Funding and financial viability
Project & staffing viability
Compatibility with priorities|Clear prioritizing of projects
within organization
Ensure realistic allocation
of both, financial and
human resources
Ensure communication filters
effectively throughout the
organization, ensuring rapid
response to developing pressures
Promoting awareness that the
success of hospice relies on the
success of Skanda Vale|
||||
||||
|Building and site security|Loss or damage of equipment (IT,
Fixtures and fittings)
Theft
Loss of critical data, breach of
confidentiality|CCTV
Facility management procedures for
day and night times
Create asset register for insurance
(especially IT)
Review insurance cover
Provide lockable filing and
archiving cupboards
Have safe custody arrangements for
title documents and land registry,
keep copies of documents at Skanda
Vale|
||||
||||
|Volunteers|Inexperienced volunteer staff,
Lack of competency / support
Inadequate training for role
Irregular attendance, unreliable
Equal opportunities issues|Define clearly structured job roles for
all volunteer tasks
Provide adequate training according to
designated job role
Supervision procedure
Induction training, induction time by
senior staff|
||||
Page 12
## **The Community of the Many Names of God**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**
||||
|---|---|---|
|Health, safety and environment|Liability claims
Injury to staff and the public
Illness, infections|Comply with law and regulations
Staff and volunteer training in H&S
policies and procedures, care and food
hygiene standards
Reporting and monitoring procedures
(accidents, defects)
Review insurance cover|
||||
||||
|Disaster recovery and planning|Computer system failure, data loss
Destruction of property and
records through elemental damage
Loss of mains supplies|Agree emergency arrangements
Document IT recovery plan.
Review data backup
procedures
Review insurance cover
Agree facility management
procedure and service / maintenance
procedures for backup utilities|
||||
||||
|Information Technology|Loss / corruption of data
Breach of data protection laws
including GDPR
Unavailability of IT network
Unable to run charity efficiently,
internal communication breaks
down|For recovery and backup see chapter
disaster recovery
Document measures to secure and
protect data Update documentation of
IT network. Undertake internal GDPR
compliance audit
Agree to plan for network redundancy
Keep hard copies of essential records
in secure filing system|
||||
||||
|Financial risks|||
||||
||||
|Budgetary control and financial
reporting|Inability of having funding
available for level of service
commitment made
Delayed recognition of drop in
voluntary income|Regular evaluation of financial
budget forecasts with actual balances
at trustees meetings
Conservative approach to income
forecast and growth for grant / fund
income|
||||
||||
|Reserves policy|Lack of funds or liquidity
Allow reserves for when funding
might be withdrawn|Regularly review reserves policy and
status
Review cash flow and liquidity|
||||
Page 13
**The Community of the Many Names of God**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**
||||
|---|---|---|
|Cash flow sensitivity|Impact on operational activities
Lack of liquidity to cover variance
in costs|Ensure adequate cash flow
projections
Identify cash flow peaks, compare
with forecast budgets|
||||
||||
|Dependency on income sources|Cash flow and budget impact
heavily dependent on voluntary
income through Skanda Vale
Temple|Identify other major dependencies
Consider diversification plans|
||||
||||
|Investment policy|Financial loss through lack of
investment advice, lack of diversity
Cash flow difficulties arising from
lack of liquidity|Review investments policy
Ensure investments can be freed
according to project forecasts|
||||
||||
|Environmental or external factors|||
||||
||||
|Public perception|Impact on charitable income
Ability to access grant or contract
funding
Support from other health care
providers|Agree early data collection system
for statistics and evidence
Agree on targeted future service
agreements|
||||
||||
|Adverse publicity|Reputational risk
Misunderstanding of spiritual
background of Skanda Vale Temple
Loss of beneficiaries and donors
confidence
Loss of trust of health care
professionals and providers|Communication of charitable
activities and financial situation
with supporters, beneficiaries and
funders
Keep websites updated
ensure good quality reporting via
in house design and
communication team
Incorporate codes of good practice
and national guidelines in
procedural system|
||||
||||
|COVID 19 Pandemic|Closure or partial Closure of
ashram resulting in significant fall
in visitation
Significant loss of income
Significant fall in volunteer
numbers
Significant fall in donated food
Risk of infection to resident
Community|Develop on line programs to
engage with and support pilgrims
Develop online opportunities for
people to donate
Reduce projects and maintenance
on site to match resident
Communities resources
Suspend food aid program to
larger organisations focus on
supporting individuals
Strict adherence to infection
control and social distancing.|
||||
Page 14
The fjf the Vlany P**mts ofCTod
Keport of Iht Tru*tees
for the year Ended 31 De¢embrr 2022
ST,tTF,MF.ryT QF TRvSTF,F' RFSPOP4SVBII.ITJFS-
TrtEstee%' re8pollsibilitiC$ 111 Tel%tion to Ihe f*na4cikl st#te¥neDt$
1L appIIL&F>lc to charitscs in l."Thg1aI and Walcs ¥t4uirts the tTusl¢es PTcpaEE rtsiaiicikl qi&ieiiicni% fvT Gqch
financial yeaF Ii'hicli gii'c a tnie ad fair kitm. of thc chanty 5 rjnancial activil*cs durtng Ihc vcar lif iLs finwicial
Pi)Silton Llt the tTkd of ihe vcar. Ir* prcphring fFnaHcial siatcmtnts giNing a thic 3nd fair '[C. thc iYuslet8 should follo
bcst PrneliLe and..
Sclcct 5uiiablc accOnting rA)l¥ciL% and thcll 3ppI)' thcm consislcnily..
ake judgcm¢Trts atHI c%timates ihat afc rtxwnablc prudcnty
Stwc whethcr éyplicablc accounting and[LS and FtateTRcnr5 of rcci)mmcndcd Practicc liav¢ beezj lollowcd. subject to
ans. dcpaTlures discloscd and cxplaintd its Ihc finaTrcial Smtcrncnts and..
Prcpdrc thc financial slatcmcnls OD thc go¥ng conccm basÈ8 ts#lcs% It 1$ iziappropriJlc to prcRurne ihe cliarilj M'ill
eontiiiue in (>pcratiim.
The thsstces arL Tcspon8ible liir kccpin¥ c11#g rtcord5 which disclosc ivith rea8onablc tccuraLv the linanLial
pos11ioD ol'thc cliarity ar)d which Lnablc ihth to tsccrtain the financi&l rK)5ilioJi iifthc charity and whicli ciiablc them lo
cD8iire Ih2t ihe tTnancial %tatcmcnt8 LOml)ly iviih Ihc C.'hanti&s Acl ?ni i. Ilic Charitv (AC11{5 aiid Rtpurt8)
Rcgijlaliofis and Ilie pnifv'*sic?1>s *f the dcc(l. Th¢ Miste arc rc5poiisiblc for tlie of thc chai'ity
and li¢nrc for taking Te&qoti&ble slq)y fo¥ the prevcntithn apd d¢ltion of and oihci. iegUlarl(le%.
Summ¥ry
'nic succc8% ol'thL Cliarity in Lhicvin¥ thc TFUM ]% bcrause on all levcls Iht Cliar*l)' is dL4icutcd ta thc
wiii%hip iil'Ci(kl IhTI)u¥li cxtcllen¢r. PCT¥TranCc. 3nd love in iLs wiirk, at all iimcs ¥clyino (># fJ17d ti) pmTridc Ihc
Inun8, In%pirLlI(In. motTvati(IR and guidaDcc tor ihc realis215on of thc Ch&riiy % wcirk til scrviLe In CJ£)d.
Approvtd at %i¥n(xl bchalfof the R031d 0fTrusic ov: 201
Swami,guryaJiRJida IC-hasT of TnJ8LCts)
Swami l-og4inanda ITn]stec}
Pagc 15
## **Report of the Independent Auditors to the Trustees of The Community of the Many Names of God**
## **Opinion**
We have audited the financial statements of The Community of the Many Names of God (the 'charity') for the year ended 31 December 2022 which comprise the Statement of Financial Activities, the Balance Sheet, 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 Generally Accepted Accounting Practice).
- In our opinion the financial statements:
- give a true and fair view of the state of the charity's affairs as at 31 December 2022 and of its incoming resources and application of resources, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Charities Act 2011.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our 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 the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the 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 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.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work 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.
## **Matters on which we are required to report by exception**
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
- the information given in the Report of the Trustees is inconsistent in any material 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
- we have not received all the information and explanations we require for our audit.
Page 16
## **Report of the Independent Auditors to the Trustees of The Community of the Many Names of God**
## **Responsibilities of trustees**
As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
## **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.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
In identifying and assessing risks of material misstatement of irregularities, including fraud and non-compliance with laws and regulations, we considered the following:
- nature of the charity and the sector in which it operates
- the legal and regulatory framework in which the charity operates, and in particular those laws and regulations that directly affect the financial statements or have a fundamental effect on operations eg Charities Act 2011
- results of enquiries of management and those charged with governance
- any matters relating to:
a. The charity's policies and procedures for identifying, evaluating and complying with laws and regulations, and whether there were any known instances of non-compliance.
b. Detecting and responding to the risks of fraud and whether there is any knowledge of actual, suspected or alleged fraud.
c. The internal controls established to mitigate risk of fraud or non compliance with laws and regulations.
As a result of performing the above, we did not identify any key audit matters related to potential risk of fraud or non compliance with laws and regulations.
_In addition to the above, our procedures included;
- reviewing the financial statement disclosures and testing to supporting documentation to assess relevant laws and regulations
- enquiries of management and those charges with governance concerning actual and potential litigation claims
- performing analytical review procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud
- review of minutes of trustee meetings
- written representations
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.
Page 17
Report of the Inilependent ,luditors to tht TrustcE.s or
'rhe f)f the Manv Names of God
Ilse of report
'rhFS rcporr 5s mtsdc wlclv io ihc eharity'8 Irustcts. a b(Nb'. in arcordJnce with P49rt 4 ot. tlic C.harir¥c8 (Aecountq 2nd
Ilcpnrrfl Rcguliqlions 21KJ8. Our aud¥t w¥)*k Iii% en undertaken th31 Ivc might staic 10 tl)c cl)arilv's tTUStccs Ilio%c
11)ilttcr% iv¢ arc rcquircd 10 8taLc 10 ihcm an audilo¥%' EcEK)rt 3nd for no o¢hcT pi1Trt). To rhc fulle8t cxteni pcrmitlccl
b} law.. Ivc do not Ic cccpi or &sstsmc rt%pvnsibiliLv li) anvnnc oihcr than thc charity apd thc chariiy's iiu8t¢C8 hixly.
for our audii ivork. fo¥ th*s report. or for Ihc opiniiins M'e hayc f(ITmLY].
c.hlf rtcred C£rtificd AccountsBts and Slawry
AiiditOTS
Williwnsloii Flou
l G<)al Strc¢t
Havcrlordwc8t
PuJibmkc%hirc
SACII IPX
Date".
Page IR
## **The Community of the Many Names of God**
## **Statement of Financial Activities for the Year Ended 31 December 2022**
|Notes
**INCOME AND**
**ENDOWMENTS FROM**
Donations and legacies
2
Investment income
3
Other income
**Total**
**EXPENDITURE ON**
**Charitable activities**
4
Big Lotto
Skanda Vale Community
Food Aid
Hospice Care
Management of Conservation
Area
Vehicle Fund
Playground
**Total**
Net gains on investments
**NET**
**INCOME/(EXPENDITURE)**
**Transfers between funds**
18
**Net movement in funds**
**RECONCILIATION OF**
**FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED**
**FORWARD**|Unrestricted
funds
£
694,974
303
6,475
701,752
-
493,463
-
-
-
-
-
493,463
1,239
209,528
19,717
229,245
2,161,227
2,390,472|Restricted
funds
£
32,211
-
5,587
37,798
10,000
-
1,426
72,530
166
2,834
971
87,927
-
(50,129)
(19,717)
(69,846)
2,547,294
2,477,448|Endowment
fund
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
440,000
440,000|31.12.22
Total
funds
£
727,185
303
12,062
739,550
10,000
493,463
1,426
72,530
166
2,834
971
581,390
1,239
159,399
-
159,399
5,148,521
5,307,920|31.12.21
Total
funds
£
402,872
90
8,413
411,375
10,000
367,447
1,527
74,810
177
-
978
454,939
945
(42,619)
-
(42,619)
5,191,140
5,148,521|
|---|---|---|---|---|---|
The notes form part of these financial statements
Page 19
The CoTnmBnity of tbe M#tty 5Y4mes of God
Balantt Sheet
31 IkrctDber 2022
-11.5? ?2
Toial
lunds
-31.12.21
Tnlal
funds
Unrcstriacd
fijnds
RestTiCtrAI
nd
Notes
FIXF.D,ISSF.TS
Tangibl¢ &sscls
Invcstmcnl
2.307.682
1.485.684
44ts.(K
-523A.366
5.7?9
5,oon,497
4,491
12
2.313.41
440,1
5.239,(195
5,004.1)¥8
C.URR Tr.NT ASSF.TS
Sioeks
Dcbior%
Caqli at bank and hand
5.30.f
35.943
10?.428
5.3()5
29..191
167.737
14
5.9fi6)
9f).47?
143.676
(5.9561
117,720
207.433
C.RF,D17'0RS
Aniounl% falling duc within onc
ycay
15
{4.1.&69)
12.280)
14ts,1491
140.950)
N*.T CtiRR*:NT ASSETS
99.8Q7
8236
91.571
16148.1
TQTAI. ASSF:TS LESS
CURRF.NT I.IABILITIES
2.413.218
ry 477.448
440.th)
5,330.666
5,166,471
C.RF.DITORS
AFnoiint% talltng d¢ aficr mor¢
than oTrc ycar
16
1?2,746}
122.74()}
{17,9401
ET ASSETS
?,790.477
?.477.448
44D.(KK)
5.307,97Q
5 148.511
Unrc.%triLtcd filnds
Ro%iii¢tcd fiithds
r.ndowinent fu#ds
) 190,47*
?,477.448
2,161 ?27
2.547.?()4
TOTAL FIINDS
5.307,9?0
5,14A.521
Mic liiiai?riiil sL3rcmcTrLS ivcrc appT0vI thc Board of Tn]s(ets and aulhr)riqd lor
. and wefc sigr>cd on its bcha]f by..
i*sJc on
SuIyananda - Tnjstec
Yog8nanda -
Thc notc5 foTEn part of ihLY firb#ncia] statemcats
Page 2
## **The Community of the Many Names of God**
|**Cash Flow Statement**
**for the Year Ended 31 December 2022**
31.12.22
Notes
£
**Cash flows from operating activities**
Cash generated from operations
1
298,908
Interest element of hire purchase payments
paid
(223)
Net cash provided by operating activities
298,685
**Cash flows from investing activities**
Purchase of tangible fixed assets
(433,992)
Sale of tangible fixed assets
47,880
Sale of fixed asset investments
1,239
Interest received
303
Net cash used in investing activities
(384,570)
**Cash flows from financing activities**
Capital repayments in year
14,620
Net cash provided by financing activities
14,620
**Change in cash and cash equivalents in**
**the reporting period**
(71,265)
**Cash and cash equivalents at the**
**beginning of the reporting period**
167,737
**Cash and cash equivalents at the end of**
**the reporting period**
96,472|31.12.21
£
108,323
-
108,323
(191,453)
31,500
945
90
(158,918)
30,684
30,684
(19,911)
187,648
167,737|
|---|---|
The notes form part of these financial statements
Page 21
## **The Community of the Many Names of God**
## **Notes to the Cash Flow Statement for the Year Ended 31 December 2022**
## **1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net income/(expenditure) for the reporting period (as per the**
**Statement of Financial Activities)**
**Adjustments for:**
Depreciation charges
Gain on investments
Loss on disposal of fixed assets
Interest received
Interest element of hire purchase and finance lease rental payments
Increase in debtors
(Decrease)/increase in creditors
**Net cash provided by operations**|31.12.22
£
159,399
146,547
(2,478)
6,698
(303)
223
(6,553)
(4,625)
298,908|31.12.21
£
(42,619)
146,552
(1,890)
7,353
(90)
-
(12,522)
11,539
108,323|
|---|---|---|
## **2. ANALYSIS OF CHANGES IN NET FUNDS**
||At 1.1.22|Cash flow|At 31.12.22|
|---|---|---|---|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|167,737|(71,265)|96,472|
||167,737|(71,265)|96,472|
|**Debt**||||
|Finance leases|(30,684)|(14,620)|(45,304)|
||(30,684)|(14,620)|(45,304)|
|**Total**|137,053|(85,885)|51,168|
The notes form part of these financial statements
Page 22
**The Community of the Many Names of God**
## **Notes to the Financial Statements for the Year Ended 31 December 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
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 to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 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 the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable 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 expenditure, it is probable that a transfer of economic benefits will 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 aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Allocation and apportionment of costs**
Costs have been allocated as far as possible between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others have been apportioned based on the estimated usage of the resource.
Support costs represent the costs of the management of the chatities assets and compliance with constitutional and statutory requirements.
## **Tangible fixed assets**
Buildings are split into two categories of asset. Class 1 buildings are those of more durable type generally constructed from stone/concrete with slate roof. Class 2 buildings are less durable and may include many agricultural types and are generally constructed from timber with metal sheet/polycarbonate/timber roofing.
Buildings Class 1 including subsequent improvements and improvements to land are depreciated at 2% per annum on a straight line basis from the date the assets were brought into use. An estimate of the initial cost of land where land and buildings were purchased together has been made in consultation with eth charities advisers. The value of land at cost is not depreciated. Temple and other assets including various temple animals and adornments are not depreciated.
Annual depreciation rates on all other fixed assets are applied on a reducing balance basis from the date the asset is brought into use apart from software where a straight line depreciation rate of 20% per annum is used. The depreciation rates for the different classes of tangible fixed assets are as follows:
Land nil Buildings class 1 2% straight line Infrastructure 3% reducing balance Buildings class 2, structures & enclosures 5% reducing balance Elephant house 10% reducing balance Office equipment 10% reducing balance Plant & equipment 10% reducing balance Fixtures & fittings 10% reducing balance Vehicles 20% reducing balance Software 20% straight line
continued...
Page 23
**The Community of the Many Names of God**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **1. ACCOUNTING POLICIES - continued**
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. DONATIONS AND LEGACIES**
|Donations
Donated assets
**3.**
**INVESTMENT INCOME**
Deposit account interest
Income from investments|31.12.22
£
727,185
-
727,185
31.12.22
£
118
185
303|31.12.21
£
394,872
8,000|31.12.21
£
394,872
8,000|
|---|---|---|---|
|||402,872||
|||31.12.21
£
3
87
90||
||||90|
## **4. CHARITABLE ACTIVITIES COSTS**
|Big Lotto
Skanda Vale Community
Food Aid
Hospice Care
Management of Conservation Area
Vehicle Fund
Playground|Direct
Costs
£
10,000
479,834
1,426
72,530
166
2,834
971
567,761|Support
costs (see
note 5)
£
-
13,629
-
-
-
-
-
13,629|Totals
£
10,000
493,463
1,426
72,530
166
2,834
971|
|---|---|---|---|
||||581,390|
continued...
Page 24
**The Community of the Many Names of God**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **5. SUPPORT COSTS**
|**SUPPORT COSTS**||
|---|---|
||Governance|
||costs|
||£|
|Skanda Vale Community|13,629|
## **6. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
The trustees who are monastics have their food, lodging and living requirements provided by the community to the same extent as the rest of the monastic community who are not trustees. The trustees who are not members of the monastic community receive food and lodgings to the same extent as any member of the public visiting the community who is not a trustee.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Investment income
Other income
**Total**
**EXPENDITURE ON**
**Charitable activities**
Big Lotto
Skanda Vale Community
Food Aid
Hospice Care
Management of Conservation Area
Playground
**Total**
Net gains on investments
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
385,475
90
5,183
390,748
-
367,447
-
-
-
-
367,447
945
24,246
2,136,981
2,161,227|Restricted
funds
£
17,397
-
3,230
20,627
10,000
-
1,527
74,810
177
978
87,492
-
(66,865)
2,614,159
2,547,294|Endowment
fund
£
-
-
-
-
-
-
-
-
-
-
-
-
-
440,000
440,000|Total
funds
£
402,872
90
8,413
411,375
10,000
367,447
1,527
74,810
177
978
454,939
945
(42,619)
5,191,140
5,148,521|
|---|---|---|---|---|
Page 25
continued...
**The Community of the Many Names of God**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **8. DONATED GOODS AND GIFTS IN KIND**
The Charity receives a large amount of donated goods each year. It is a fundamental principle that these goods are offered to God in the temples and that they are offered anonymously. The monastic rule and tradition of the Community is that no material value be placed on these goods as they are gifts to God and to be used in the service of God. The trustees have considered the Charities SORP (FRS 102) guidance on donated goods and have determined that due to the operational nature of the charity, the materiality of the goods received and the use they are put to, the allocation of resources and potential cost in valuation of donated goods is not justified in terms of any benefit to the users of the accounts.
A large quantity of food and provisions is annually offered, enabling the Community to feed, free of charge, all pilgrims who wish to receive food offered to God. Other donated items offered in the temples are used in the running of the Community at all levels and, where appropriate, are given to Vale Hospice Continuing Care for use in their Charity's work.
The Community is also in receipt of a large amount of building materials, tools and machinery given throughout the year. These items are treated in exactly the same manner as items which it is practical to physically offer in the temples - they are gifts to God, used in the running of the Community for the benefit of the public.
Similarly no value has been applied to the substantial enhancements to the original farm buildings purchased by the Community many years ago to transform them into the present day temples and facilities for the public where the materials for these works have been donated by devotees of the Community and were intended as gifts to God. It is to be noted that it is a fundamental principle of the Community never to ask for, infer the need of or solicit in any way, funds or goods for the use of the Community.
## **9. LOANED ASSETS**
The Community is fortunate to have the continued free use of a JCB wheeled excavator on the condition that maintenance, fuel and running costs are paid for by the Community.
## **10. UNCAPITALISED ASSETS**
The Community owns many animals and birds. As a sanctuary for life, no animal is ever sold, for there is no guarantee that it would live out its natural life span receiving the care and attention necessary for a high quality of life. No material value can be put on life by a Community based on the principal that all life is sacred.
There is no capitalisation in the accounts of many of the smaller temporary wooden structures primarily used for animal accommodation.
All the images, artefacts and adornments in the Community's temples are owned by the Community and are not given a material value because of their spiritual value to the Community.
Page 26
continued...
## **The Community of the Many Names of God**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **11. TANGIBLE FIXED ASSETS**
|**COST**
At 1 January 2022
Additions
Disposals
At 31 December 2022
**DEPRECIATION**
At 1 January 2022
Charge for year
Eliminated on disposal
At 31 December 2022
**NET BOOK VALUE**
At 31 December 2022
At 31 December 2021
**COST**
At 1 January 2022
Additions
Disposals
At 31 December 2022
**DEPRECIATION**
At 1 January 2022
Charge for year
Eliminated on disposal
At 31 December 2022
**NET BOOK VALUE**
At 31 December 2022
At 31 December 2021|Freehold
Temples &
property
Infrastructure
machinery
£
£
5,448,806
48,426
110,269
-
(4,702)
-
5,554,373
48,426
932,251
12,221
106,105
586
(2,228)
-
1,036,128
12,807
4,518,245
35,619
4,516,555
36,205
Fixtures
and
Motor
fittings
vehicles
£
£
272,348
132,331
13,452
76,490
(7,330)
(59,830)
278,470
148,991
173,409
83,197
10,909
11,419
(4,616)
(41,162)
179,702
53,454
98,768
95,537
98,939
49,134|Assets
under
Plant and
construction
£
£
131,982
354,880
179,486
54,295
(26,630)
(10,716)
284,838
398,459
-
187,322
-
17,402
-
(6,624)
-
198,100
284,838
200,359
131,982
167,558
Computer
equipment
Totals
£
£
8,105
6,396,878
-
433,992
-
(109,208)
8,105
6,721,662
7,980
1,396,380
125
146,546
-
(54,630)
8,105
1,488,296
-
5,233,366
125
5,000,498|
|---|---|---|
continued...
Page 27
## **The Community of the Many Names of God**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **11. TANGIBLE FIXED ASSETS - continued**
Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
|**COST**
Additions
**DEPRECIATION**
Charge for year
**NET BOOK VALUE**
At 31 December 2022
At 31 December 2021
**12.**
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 1 January 2022
Revaluations
At 31 December 2022
**NET BOOK VALUE**
At 31 December 2022
At 31 December 2021
There were no investment assets outside the UK.
Cost or valuation at 31 December 2022 is represented by:
Valuation in 0|Motor
vehicles
£
61,490
3,075
58,415
-
Listed
investments
£
4,491
1,238
5,729
5,729
4,491
Listed
investments
£
5,729|
|---|---|
continued...
Page 28
**The Community of the Many Names of God**
|||**Notes to the Financial Statements - continued**||
|---|---|---|---|
|||**for the Year Ended 31 December 2022**||
|**13.**|**STOCKS**|||
|||31.12.22|31.12.21|
|||£|£|
||Stocks|5,305|5,305|
|**14.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||31.12.22|31.12.21|
|||£|£|
||Other debtors|35,943|29,391|
|**15.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||31.12.22|31.12.21|
|||£|£|
||Hire purchase (see note 17)|
22,558|12,734|
||Trade creditors|23,591|28,216|
|||46,149|40,950|
|**16.**|**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**|||
|||31.12.22|31.12.21|
|||£|£|
||Hire purchase (see note 17)|
22,746|17,950|
|**17.**|**LEASING AGREEMENTS**|||
||Minimum lease payments under hire purchase fall due as follows:|||
|||31.12.22|31.12.21|
|||£|£|
||Net obligations repayable:|||
||Within one year|22,558|12,734|
||Between one and five years|
22,746|17,950|
|||45,304|30,684|
continued...
Page 29
## **The Community of the Many Names of God**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **18. MOVEMENT IN FUNDS**
|**Unrestricted funds**
Community (Fund C)
Vehicle replacement designated fund
Toilet Facilities Fund (Designated Fund Q)
**Restricted funds**
BIG Lottery Fund (Fund BIG)
Food Aid, Store Shed (Fund FA)
Skanda Vale Hospice (Fund H)
London Seminar Fund (Fund L)
WCVA Environment Wales PGF Grant
(Fund M)
Vehicle Replacement Fund (Fund V)
Playground fund
**Endowment funds**
Deri (Permanent Endowment Fund D)
**TOTAL FUNDS**
Net movement in funds, included in the above ar
**Unrestricted funds**
Community (Fund C)
**Restricted funds**
BIG Lottery Fund (Fund BIG)
Food Aid, Store Shed (Fund FA)
Skanda Vale Hospice (Fund H)
WCVA Environment Wales PGF Grant
(Fund M)
Vehicle Replacement Fund (Fund V)
Playground fund
**TOTAL FUNDS**|At 1.1.22
£
2,106,227
5,000
50,000
2,161,227
441,667
24,126
2,011,868
4,368
3,017
44,277
17,971
2,547,294
440,000
5,148,521
e as follows:
Incoming
resources
£
701,752
-
-
37,798
-
-
-
37,798
739,550||Net
movement
in funds
£
209,528
-
-
209,528
(10,000)
(1,426)
(34,732)
-
(166)
(2,834)
(971)
(50,129)
-
159,399
Resources
expended
£
(493,463)
(10,000)
(1,426)
(72,530)
(166)
(2,834)
(971)
(87,927)
(581,390)||Transfers
between
funds
£
74,717
(5,000)
(50,000)
19,717
-
-
-
-
-
(19,717)
-
(19,717)
-
-
Gains and
losses
£
1,239
-
-
-
-
-
-
-
1,239|At
31.12.22
£
2,390,472
-
-
2,390,472
431,667
22,700
1,977,136
4,368
2,851
21,726
17,000
2,477,448
440,000
5,307,920
Movement
in funds
£
209,528
(10,000)
(1,426)
(34,732)
(166)
(2,834)
(971)
(50,129)
159,399|
|---|---|---|---|---|---|---|
||||||||
||||||||
||||||||
||e||||||
continued...
Page 30
**The Community of the Many Names of God**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **18. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|At 1.1.21
£
**Unrestricted funds**
Community (Fund C)
2,122,325
Car Park development (Fund E)
9,656
Vehicle replacement designated fund
5,000
Toilet Facilities Fund (Designated Fund Q)
-
2,136,981
**Restricted funds**
BIG Lottery Fund (Fund BIG)
451,667
Food Aid, Store Shed (Fund FA)
25,653
Skanda Vale Hospice (Fund H)
2,066,051
London Seminar Fund (Fund L)
4,368
WCVA Environment Wales PGF Grant
(Fund M)
3,194
Vehicle Replacement Fund (Fund V)
44,277
Playground fund
18,949
2,614,159
**Endowment funds**
Deri (Permanent Endowment Fund D)
440,000
**TOTAL FUNDS**
5,191,140
Comparative net movement in funds, included in the above are a
Incoming
resources
£
**Unrestricted funds**
Community (Fund C)
390,748
**Restricted funds**
BIG Lottery Fund (Fund BIG)
-
Food Aid, Store Shed (Fund FA)
-
Skanda Vale Hospice (Fund H)
20,627
WCVA Environment Wales PGF Grant
(Fund M)
-
Playground fund
-
20,627
**TOTAL FUNDS**
411,375|Net
movement
in funds
£
24,246
-
-
-
24,246
(10,000)
(1,527)
(54,183)
-
(177)
-
(978)
(66,865)
-
(42,619)
s follows:
Resources
expended
£
(367,447)
(10,000)
(1,527)
(74,810)
(177)
(978)
(87,492)
(454,939)||Transfers
between
funds
£
(40,344)
(9,656)
-
50,000
-
-
-
-
-
-
-
-
-
-
-
Gains and
losses
£
945
-
-
-
-
-
-
945|At
31.12.21
£
2,106,227
-
5,000
50,000
2,161,227
441,667
24,126
2,011,868
4,368
3,017
44,277
17,971
2,547,294
440,000
5,148,521
Movement
in funds
£
24,246
(10,000)
(1,527)
(54,183)
(177)
(978)
(66,865)
(42,619)|
|---|---|---|---|---|
||||||
||||||
||||||
||||||
continued...
Page 31
**The Community of the Many Names of God**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **18. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
Community (Fund C)
Car Park development (Fund E)
Vehicle replacement designated fund
**Restricted funds**
BIG Lottery Fund (Fund BIG)
Food Aid, Store Shed (Fund FA)
Skanda Vale Hospice (Fund H)
London Seminar Fund (Fund L)
WCVA Environment Wales PGF Grant
(Fund M)
Vehicle Replacement Fund (Fund V)
Playground fund
**Endowment funds**
Deri (Permanent Endowment Fund D)
**TOTAL FUNDS**|At 1.1.21
£
2,122,325
9,656
5,000
2,136,981
451,667
25,653
2,066,051
4,368
3,194
44,277
18,949
2,614,159
440,000
5,191,140|Net
movement
in funds
£
233,774
-
-
233,774
(20,000)
(2,953)
(88,915)
-
(343)
(2,834)
(1,949)
(116,994)
-
116,780|Transfers
between
funds
£
34,373
(9,656)
(5,000)
19,717
-
-
-
-
-
(19,717)
-
(19,717)
-
-|At
31.12.22
£
2,390,472
-
-
2,390,472
431,667
22,700
1,977,136
4,368
2,851
21,726
17,000
2,477,448
440,000
5,307,920|
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|Incoming
resources
£
**Unrestricted funds**
Community (Fund C)
1,092,500
**Restricted funds**
BIG Lottery Fund (Fund BIG)
-
Food Aid, Store Shed (Fund FA)
-
Skanda Vale Hospice (Fund H)
58,425
WCVA Environment Wales PGF Grant
(Fund M)
-
Vehicle Replacement Fund (Fund V)
-
Playground fund
-
58,425
**TOTAL FUNDS**
1,150,925
(|Resources
expended
£
(860,910)
(20,000)
(2,953)
(147,340)
(343)
(2,834)
(1,949)
(175,419)
1,036,329)|Gains and
Movement
losses
in funds
£
£
2,184
233,774
-
(20,000)
-
(2,953)
-
(88,915)
-
(343)
-
(2,834)
-
(1,949)
-
(116,994)
2,184
116,780|
|---|---|---|
continued...
Page 32
**The Community of the Many Names of God**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **19. RELATED PARTY DISCLOSURES**
During the period the Charity made donations of £25,439 (2021 £25,521) to Skanda Vale Hospice CIO, a connected entity. In addition Skanda Vale Hospice CIO leased both the hospice building and Newcastle Emlyn shop from The Community of the Many Names of God for an annual rent of £1 per property.
## **20. FUNDS**
## Restricted Fund BIG
This fund was set up in 2014 following the award of a £500,000 grant from BIG Lottery Fund towards the capital development costs of the new six bed in patient hospice.
## Unrestricted Fund C - Community
This fund is used primarily in the maintenance and development of Skanda Vale monastery and Temples as a place of public worship and for the support of the resident monastic community.
## Permanent Endowment Fund D - Deri
This fund was set up upon the charity receiving a donation of 110 acres of farm and woodland in May 2008. The trustees estimated its market value upon receipt at £4,000 per acre based on land values in the area, capitalising the whole donation at £440,000 in the accounts. The donors stipulated that the land is transferred to the charity as permanent endowment.
## Designated Fund E - Car Park Development
This fund was set up in December 2017. The trustees allocated £60,000 towards the development of the replacement car park on the lower Ashram site. The fund is now Nil.
## Restricted Fund FA - Food Aid, Store Shed
This fund was set up in January 2012 upon receiving confirmation of two grant awards towards the cost of a new dried food store shed and associated equipment to modernize and expand facilities central to the charity's food aid programme.
## Restricted Fund H - Skanda Vale Hospice
Set up in 1987 to provide hospice care: initially as a home support service which ran until 2004, secondly as a day care centre and finally as a residential hospice. The hospice building was redeveloped and reopened in April 2016 providing respite and day care. In July 2016 the charity transferred the operation of the Hospice to a new registered charity, Skanda Vale Hospice CIO. The trustees decided to lease the new incare hospice building the the CIO on a peppercorn rent of £1 per annum on a 50 year lease.. The trustees also decided to lease the charity shop to the CIO again at £1 per annum.
## Restricted Fund L - London Seminar Fund
This fund was set up in 2014 to manage the funds associated with a biannual London seminar given by members of the monastic community. The seminar takes place in Giwell Park, a venue run by the Scout Association - the seminars are run on a non-profit basis.
## Restricted Fund V - Vehicle Replacement Fund
The fund was set up in 2015 following the agreement of the board of Verein Skanda Vale (Skanda Vale Swiss Association) to help support the travel costs of Community members to lead and support seminars and staff Soma Skanda Temple in Fideris.
## Designated fund VDES - Vehicle Replace Fund
This fund was set up to support the travel costs of the Community members. It was used in full in 2022
## Restricted Fund - Playground
The fund was established to cover the cost of constructing a play area for use by visitors to the Skanda Vale site.
## Designated fund Q - Toilet Facilities Fund
This fund was set up in 2021 to cover the cost of development for the toilet facilities and used in full in 2022.
Page 33
## **The Community of the Many Names of God**
||**Detailed Statement of Financial Activities**|||
|---|---|---|---|
||**for the Year Ended 31 December 2022**|||
|||31.12.22|31.12.21|
|||£|£|
|**INCOME AND ENDOWMENTS**||||
|**Donations and legacies**||||
|Donations||727,185|394,872|
|Donated assets||-|8,000|
|||727,185|402,872|
|**Investment income**||||
|Deposit account interest||118|3|
|Income from investments||185|87|
|||303|90|
|**Other income**||||
|RHI, electricity and feed in income||11,484|8,212|
|Sundry income||578|201|
|||12,062|8,413|
|**Total incoming resources**||739,550|411,375|
|**EXPENDITURE**||||
|**Charitable activities**||||
|Rates and water||1,188|224|
|Insurance||23,290|20,020|
|Light and heat||29,910|21,719|
|Telephone||6,185|5,026|
|Taxes - various||3,679|7,458|
|Vehicle tax/insurance||11,112|8,467|
|Diesel for tractors||8,375|2,805|
|Community food & living||37,508|31,226|
|Petrol||9,588|6,682|
|Vet & animal care||45,421|22,223|
|Vehicle maintenance||18,040|20,991|
|Community maintenance||146,504|74,738|
|Animal feed||20,895|15,433|
|Agriculture||11,364|7,972|
|Travel||12,429|5,599|
|Bank charges||2,519|1,464|
|Professional fees||847|12,832|
|Funds tfr to hospice||25,439|25,521|
|Depreciation of tangible fixed assets||146,547|146,552|
|Loss on sale of tangible fixed assets||6,698|7,353|
|Hire purchase||223|-|
|||567,761|444,305|
## **Support costs**
This page does not form part of the statutory financial statements
Page 34
## **The Community of the Many Names of God**
|**Detailed Statement of Financial Activities**|||
|---|---|---|
|**for the Year Ended 31 December 2022**|||
||31.12.22|31.12.21|
||£|£|
|**Support costs**|||
|**Governance costs**|||
|Auditors' remuneration|4,602|4,110|
|Community admin software|9,027|6,524|
||13,629|10,634|
|Total resources expended|581,390|454,939|
|**Net income/(expenditure) before gains and**|||
|**losses**|158,160|(43,564)|
|**Realised recognised gains and losses**|||
|fixed asset investments|1,239|945|
|**Net income/(expenditure)**|159,399|(42,619)|
This page does not form part of the statutory financial statements
Page 35