MAHAYOGI SIDDHABABA SPIRITUAL ACADEMY, UK

Company limited by guarantee

Company Registration Number:
11657377 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

MAHAYOGI SIDDHABABA SPIRITUAL ACADEMY, UK

Contents of the Financial Statements

for the Period Ended 30 November 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes

MAHAYOGI SIDDHABABA SPIRITUAL ACADEMY, UK

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal activities of the company

To advance education for the public benefit in the practices of Himalayan Siddha Mahayoga and Meditation.



Directors

The director shown below has held office during the whole of the period from
1 December 2022 to 30 November 2023

Govinda Prasad Ghimire


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 August 2024

And signed on behalf of the board by:
Name: Govinda Prasad Ghimire
Status: Director

MAHAYOGI SIDDHABABA SPIRITUAL ACADEMY, UK

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,134 154
Investments:   0 0
Total fixed assets: 1,134 154
Current assets
Stocks: 4 0 180
Cash at bank and in hand: 100,185 45,025
Investments:   0 0
Total current assets: 100,185 45,205
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 100 ) 0
Net current assets (liabilities): 100,085 45,205
Total assets less current liabilities: 101,219 45,359
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 101,219 45,359
Members' funds
Profit and loss account: 101,219 45,359
Total members' funds: 101,219 45,359

The notes form part of these financial statements

MAHAYOGI SIDDHABABA SPIRITUAL ACADEMY, UK

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 23 August 2024
and signed on behalf of the board by:

Name: Govinda Prasad Ghimire
Status: Director

The notes form part of these financial statements

MAHAYOGI SIDDHABABA SPIRITUAL ACADEMY, UK

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    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.

    Tangible fixed assets depreciation policy

    Fixtures, Fittings & Equipment Stocks - 25% on reducing balance

MAHAYOGI SIDDHABABA SPIRITUAL ACADEMY, UK

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

MAHAYOGI SIDDHABABA SPIRITUAL ACADEMY, UK

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 0 0 206 0 206
Additions 1,358 1,358
Disposals
Revaluations
Transfers
At 30 November 2023 0 0 1,564 0 1,564
Depreciation
At 1 December 2022 52 52
Charge for year 378 378
On disposals
Other adjustments
At 30 November 2023 430 430
Net book value
At 30 November 2023 0 0 1,134 0 1,134
At 30 November 2022 0 0 154 0 154

MAHAYOGI SIDDHABABA SPIRITUAL ACADEMY, UK

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Stocks

2023 2022
£ £
Stocks 0 180
Payments on account 0 0
Total 0 180

MAHAYOGI SIDDHABABA SPIRITUAL ACADEMY, UK

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 100 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 100 0