the community of the many names of god - skanda vale · pdf filelloyds bank ltd., 43 king...

The Community of The Many Names of God

Registered Charity 511166

Report of the Trustees and Financial Statements For the Year Ended 31 December 2013

THE COMMUNITY OF THE MANY NAMES OF GOD Contents of the Financial Statements for the Year Ended 31st December 2013 Page Report of the Trustees 1 – 13 Report of the Independent Auditors 14-14A Statement of the Financial Activities 15 Balance Sheet 16 Notes to the Financial Statements 17 - 51

THE COMMUNITY OF THE MANY NAMES OF GOD Trustees Annual Report Year Ending 31.12.2013 Legal and administrative information The full name of the Charity is: The Community of the Many Names of God. (Reg. charity no. 511166) Working names of the Charity are: Skanda Vale Skanda Vale Hospice, Vale Hospice Continuing Care. The governing instrument of the Charity is a Trust Deed. The declaration of trust is dated 17th September 1980 and includes the Supplementary Trust Deed dated 9th February 2002. 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 2013 is as follows: Swami Brahmananda – Chairman Swami Govinda -Secretary Swami Suryananda - Director of Finance Swami Narayana Sister Saskia Kraft Lata Saini (left office march 22nd 2013) Mrs. Kumi Ariyadasa Elliot Muir Shiv Ratan (left office march 22nd 2013) Robin Rose Mani Govindan (from March 22nd 2013) Anjna Chavda (from March 22nd 2013) Skanda Vale Hospice and Vale Hospice Continuing Care are a part of The Community of the Many Names of God and are governed by the same governing document and Board of Trustees. 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. The principal address of the Charity is: Skanda Vale, Llanpumsaint, Carmarthenshire SA33 6JT The Hospice Day Care Centre: Skanda Vale Hospice, Saron, Llandysul SA44 5DY

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Relevant Organisations Bankers: CAFBank 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

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. 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.

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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. 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 three 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 24 monks and nuns and a small resident lay Community 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. All the daily running of Skanda Vale monastery and Hospice Day Care Centre is done by monks, nuns 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, caring for patients in the hospice and administration of the charity.

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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 The charity runs a Day Care Hospice for the terminally ill at its premises in Saron, Carmarthenshire approximately eight miles from Skanda Vale monastery. It is the aim of the charity to continue to consolidate and develop the Hospice service on a primarily voluntary basis drawing the core staff from the resident Monastic and lay Community; In particular the natural development of the Sisterhood at Skanda Vale will enable the Charity’s work in this area to move forward. The Trustees are now advancing the development of the In Care facility. With the provision of an In Care facility the Trustees will look to engaging specialist clinical nursing staff to work alongside the core care team from the monastery. Eligibility to benefit from the services currently provided at the Day Care Hospice is not restricted by geographical location. They are available free of charge to any member of the public aged over 18 who is terminally ill, subject to assessment, including the families of the pilgrims who visit the Community as well as the local population of Carmarthenshire and Ceredigion. Although the Hospice work is a natural extension of our monastic life, the presentation of the service is secular and is available to all irrespective of religious beliefs. The same criteria will apply when the charity is in a position to offer the In Care facility. 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 and Skanda Vale Hospice. 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 tea stall 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.

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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 six senior monks 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. 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. As four of the Trustees, including the Chairman, Secretary and Director of Finance are members of the Council of Swamis; 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. Skanda Vale Hospice Day Care Centre is run and organised on a daily basis by the Hospice Day Care Centre manager who has been appointed by the Trustees and liaises regularly with the trustees on a formal and informal basis. Strict supervision and control is maintained at all levels to ensure that the service grows and develops in a way that is in keeping with the spirit of the Community. All decisions of financial matter and policy are referred to and discussed by the Council of Swamis and Trustees. Main items of large expenditure are presented for discussion to the Board of Trustees before authority is given to use Charity funds. At the quarterly Trustees meetings a report from the hospice team detailing the progress and requirements of the service is presented. Major Events, Progress and Achievements of the Charity throughout the Year How our Activities deliver public benefit Public Worship The Community provided daily public worship at the three Temples at Skanda Vale throughout the year. Generally six services were held each day starting at 5.00am with the last service being 9pm. Two of the Temples are opened for worship at specific times whilst the Sri Ranganatha Temple is always open enabling pilgrims to benefit from personal contemplation and prayer at any time during their visit to Skanda Vale. In addition, pilgrims have the opportunity at any time during their visit to Skanda Vale to pray and contemplate at Guruji’s Samahdi (the resting place of the founder of the Community). Over 90,000 pilgrims from a wide eclectic congregation visited the Community during the course of the year. The number of coach groups visiting the Temple was 85 in 2013, with the majority of pilgrims arriving by car or minibus. Pilgrims are encouraged to visit as families and make best use of the opportunity for worship towards which the Community provides free prassad, blessed food, and accommodation. The daily timetable of religious services is structured to give pilgrims time to experience worship in all three Temples and enjoy the beautiful grounds, animals and natural environment of Skanda Vale monastery which extends to several hundred acres. Members of the resident monastic Community are always available to assist pilgrims in whatever way possible and the Swamis are on hand to give spiritual counselling. Highlights of the year were focused around the main religious festivals of different faiths and traditions.

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Work progressed slowly throughout the summer months on developing the Temple in Fideris, Switzerland. The Community is committed to fully supporting this development with the presence and experience of the monastic Community but with all the financial requirements for the project being met by the Swiss Association. Towards this one of the Swamis of the Community stayed in Fideris during much of the summer to lead the devotional activities and festivals whilst building work continued. By October seminar, about two thirds of the new solid timber floor had been installed as well as other peripheral work. Glacial boulders had been identified in rivers that would form the plinths supporting the various aspects of the divine to be installed in the new sanctuary. It is hoped that the new floor will be completed over the summer of 2014 and that the boulders will be extracted from their various locations and transported up to the Temple site. An amendment to the temple design to include a spire for the main sanctuary will be submitted for planning in mid 2014. Facility and Infrastructure improvements New entrance gates where fitted in February at a cost of £5,070 (of which £1,692 had been paid as a deposit in 2012) completing the work on Skanda Vale entrance. Work began on improving the Sri Ranganatha Temple, new external curtains were fitted, the paving in the pilgrim seating area was brought to a uniform level, bespoke LED lighting was installed over the gopurum and the redundant central structure removed. Work then progressed on extending the pilgrim seating area. The total costs of these improvements were £9,080 with an additional £5,400 invested in a two tonne swivel dumper required for the building works. In March the work on the new food preparation area adjacent to the kitchen was completed and the area brought immediately into use following the fitting of Stainless steel fitted work surfaces and sinks costing £3,586 and a commercial food processor for £1,140. The Community received the maximum 5 star rating from Carmarthenshire County Council Environmental Health inspection in August. In March, work begun on the installation of a new sewage treatment plant to replace the existing failing septic tank system that served the main pilgrim toilet and shower blocks. The plant has been designed with capacity to be able to link to the proposed new pilgrim accommodation block and existing septic tank systems from the main ashram site. This will require future investment in a sewage pumping station to which the trustees agreed. The project was completed by May at a cost of £38,798 with the advantage of providing additional hard standing for parking on top of the new plant. The trustees decided to develop our aspiration to maximise the use of timber as biomass fuel from the Communities adjacent woodland of Nantyhebog. Planning consent was received for a large 18m by 30m timber storage shed which would also be used as a wood chip store for the proposed biomass chip boilers that will be installed to heat both the Hospice development and New pilgrim accommodation. The shed was completed by December at a cost of £31,687. Expenditure on the project as kept to a minimum by supplying our own milled timber used to clad the walls, to the building contractors. The Elephant barn was substantially completed with Valli moving in before the end of the year. A biomass log boiler and solar hot water provide heating and hot water; applications to register with and benefit financially from the Renewable Heat Incentive will be made in 2014. We were again able to make much use of our own timber from Nantyhebog, to reduce construction costs. By year end a total of £214,372 had been spent on the project of which £64,469 had been invested in 2013. The revised budget completion cost of the project is £229,000. Following a risk review of it was decided to upgrade the biodiesel plant room. Improvements to the internal layout of the building and storage were made at a cost of £2,702. The trustees also undertook a substantial review of insurance cover and changed underwriters from Ecclesiastical to Hiscox at year end. Buildings cover was upgraded to reinstatement on all substantial charity buildings and the Community and Hospice policies merged to provide more economic cover under one charity entity. Overall, renewal premiums for combined insurance increased from around £11,000 per anum to just over £14,000 per

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anum. A Major review of Health and safety policy including detailed fire risk assessments was also undertaken. The trustees completed two outstanding border issues from the initial land registration of Skanda Vale. One was resolved through an application to amend the register the second through the purchase of a small strip of land from a neighbouring farm for £1,600. A potential maintenance liability with BRB subsidiaries over the Pencader tunnel was successfully resolved with no action needing to be taken by the charity. Education Community members spent much time in engaging with pilgrims and sharing with them how the application of our spiritual practice and way of life, slowly coming to realise the Universal nature of God, can also be relevant to their lives. During the course of the year members of the Community led a total of five spiritual seminars in Switzerland, four of which took place in Fideris, Canton Graubünden, hosted by the Swiss Association of Skanda Vale, a financially separate organisation to the Community of the Many Names of God, but sharing the same spiritual values. This annual program of seminars provides an invaluable opportunity for people to learn how to develop a partnership with God in their everyday lives. All travel and living expenses for the Community members involved in the seminars were sponsored by the Swiss Association. The Community welcomed over 20 different clubs, educational groups and support services throughout the year as part of our work to educate the public about the Community’s life and work. Members of the Community were on hand to guide groups around the monastery answer their questions and talk about the Community, our animals and spiritual life. Many were enthralled at the opportunity to visit the Temples and experience how peoples of different faiths can worship in harmony. The vibrancy of life at Skanda Vale both in the Temples and the beautiful natural surroundings resonated with many of the children, students, clients and staff. A group of 30 Undergraduates studying anthropology from Exeter University stayed for a week in June and fully participated in Community life. Other University groups that came include Religious studies and Anthropology students from Trinity Saint Davids and University Wales Newport. Milford Haven secondary school visited twice and in October a group of 40 pupils and staff visited from Holyhead School in Birmingham. Local cub and scout groups from Carmarthen and a walking group from Llanelli ramblers visited in February. A number of Homeless support services visited with clients including Caer Las Cymru, The Cyrenians, The Wallich from Cardiff and Gwalia Care and Support. The charities Mind from Llanelli and Carmarthen and Carmarthen domestic Abuse Services also visited on various occasions with their clients throughout the year. We were also able to work with Carmarthen Coastal Project helping some of their participants gain work experience through volunteering opportunities at Skanda Vale. Direct Food Aid The Community was able to donate 62.83 tonnes of food to twenty six different charities and organisations throughout 2013 a similar amount to the previous year. We supported International Aid Trust based in Preston, whose main area of operations is in Romania and Eastern Europe, donating 20.63 tonnes of food to them. Three other charity partners whom we supported with substantial amounts of food were Fare Share South West in Bristol, 10.42 tonnes, Kings Church in Newport, 8.4 tonnes and ACT foundation, London 8.25 tonnes. We were very active in supporting a diverse range of local charities and voluntary organisations in Carmarthenshire including Pencader Family Centre, Women’s Aid, Mind, Away Days and Carmarthen youth service. We were also able to support local disadvantaged families by working with local Health Visitors to provide food hampers. The Community is fortunate to have the continued free use of various vehicles and plant, a list of which is attached to the accounts. There is every indication that these resources will be available for Charity use in

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the years ahead. The main areas of our work at Skanda Vale that are enhanced by the use of these resources are in agriculture and infrastructure projects. These resources in particular also help enable the members of the Community to travel abroad for the purpose of leading seminars in the Swiss Associations centre in Fideris, Canton Graubünden. The Community also has the favourable resources of unsecured interest free loan arrangements with several individuals, to help cash flow if necessary throughout the year. The Charity is assured that this facility will continue to be made available in future years. Skanda Vale Hospice Day Care Centre The Hospice Day Care Centre was open to patients two days per week throughout 2013; opening times are generally from 10.00am to 4.00pm but can be flexible to suit the needs of patients. All care, meals, refreshments, facilities and complementary therapy treatments are provided free of charge. During 2013, 14 different patients benefited from attending the hospice. The facilities available for day patients include a high level of one to one personal care, assisted bathing, a large selection of quality food and refreshments to suit individual choices and dietary needs, two purpose built rest rooms, reflexology, aromatherapy, massage, a range of activities and the hospice garden. The monks and nuns are available to discuss spiritual matters if requested by the patients. If patients require any nursing tasks these are currently provided by their district nurse who is able to use the facilities at the hospice. The hospice is staffed by a trained and experienced core care team and manager from the Community. The Day Care Centre has also provided an opportunity for members of the public to become involved on a voluntary basis helping with complementary therapy, administration, fundraising, cleaning and gardening and also providing additional company for the patients. It is a policy of the charity that all volunteers that work with vulnerable adults are subject to enhanced disclosure and barring service checks. Development of six bed inpatient Hospice, respite and end of life service Full Planning consent was granted in September for the Hospice development. A full application to Big Lottery for a £500,000 grant towards the capital cost of the project was submitted in August. The process of applying for the lottery funding was invaluable in developing a detailed project plan to include in depth research on need, consultation, a five year business plan, staffing, evaluation, monitoring and risk assessment. The charity engaged VAT consultants to advise on the VAT liability of the building project and received written confirmation from HMRC on specific areas of liability giving certainty in budget planning. The full project plan was published on our website as part of our open consultation process. The total budgeted capital build cost of the project including professional fees and non recoverable VAT is £1.95 Million. By year end the Charity had approximately £1.3 Million in available funds. The shortfall would be met through the Lottery grant and future surplus of income over the building period including fundraising and grant applications. The five year business plan was based on three separate stages. The building stage, from September 2014 until October 2015, Service stage one which would offer five days of planned respite per month and day care from November 2015 to October 2016, and service stage two offering 24/7 end of life care, respite and day care from November 2016 onwards. The level of reserves would be £85,000 at the lowest point on completion of building works, rising to about £135,000 as the service developed. The trustees will work to build this level of operational reserves to £400,000 to provide a greater degree of security. In summary, our project aim: We will integrate diverse communities, enhance choice and equity of access to palliative care resources, and provide a range of new volunteering, training and employment opportunities. Our project outcomes:

1. Increased numbers of people experience improved quality of care during a life-limiting illness. 2. Carers feel less traumatised and overwhelmed by their duties.

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3. People feel more included and purposeful through volunteering. 4. Patients and families will have improved access to other service providers.

We will achieve these outcomes by:

1. Increasing choice and equity of access to palliative care services, through the creation of a six bedroom inpatient hospice, offering day care, respite and end of life care services.

2. Enabling people to benefit from pain management and exceptional personal care during a life-limiting illness.

3. Enhancing the efficiency of other regional palliative care resources through creating new services

that fill the gaps in the overall network of services. 4. Enhancing continuity of patient care by offering a comprehensive range of palliative care services

under one roof. 5. Improving access to regional care services for vulnerable people through creating a case worker

service. 6. Improving access to our palliative care services through establishing a free patient transport

service. 7. Helping people with palliative care needs through creating new occupational therapy and

physiotherapy services. 8. Improving continuity of patient care between service providers, through our partnership

networking with regional care organisations and by offering a (where possible bilingual) signposting service to other relevant service providers.

9. Creating a separate accommodation unit for patient’s families, so they can be comfortable and close to their loved one, with their own space when needed.

10. Increasing pastoral care facilities for people affected by life-limiting illnesses with a ‘non-religious’ sacred space and enhanced spiritual care services. Supporting people emotionally through bereavement support services.

11. Creating local opportunities and access to vocational training. 12. Reducing the stress and trauma on carers and helping vulnerable palliative patients to feel safe and

relaxed in their chosen place of care through the provision of respite care services. 13. Reducing misconceptions about illness, death and hospice care in general and encouraging positive

social engagement and interaction by offering our hospice as community hub, free of charge. 14. Reducing loneliness, social isolation, inactivity and loss of purpose for older people through

offering a range of stimulating and inspiring volunteering opportunities. 15. Improving inter-cultural relations by offering opportunities for people from different social

backgrounds (namely; inner city Asian neighbourhoods and local rural Welsh) to volunteer, fundraise and work together.

16. Increasing access to natural environment for people with life-limiting illnesses, through the creation of a garden specifically designed for their needs, and enhancing the natural environment through creating ponds, bird boxes and wildlife habitats in the garden.

17. Reducing our environmental impact through installing a biomass boiler to provide all our heating from locally sourced wood chip, installing exterior wall insulation on the new hospice, operating a biodiesel powered car sharing scheme for our staff and encouraging our staff to use public transport – we are on a major bus route.

A project management team was set up including several of the trustees and key members of the hospice team. In addition, the two local Hywel Dda University Health Board Palliative care consultants Dr Pat Purcell and Dr Ray Majer agreed to become voluntary clinical advisors to the project. The project team is responsible for the development of the Hospice, monitoring and evaluating progress in line with the project plan and reporting regularly to the board of trustees. Members of the Team attended regular meetings throughout the year with Carmarthenshire Palliative Care Planning and Delivery Group held with Hywel Dda Health Board. Service development meetings specific to Skanda Vale Hospice were also held with senior members of the Health Board. Consultations

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and meetings with other service providers both from the third sector and Health Board were held to develop planning and ensure full integration of our proposals with current services. It is intended to appoint a lead clinical nurse specialist to assist the project management team in setting up the service once building work commences. The core nursing staff engaged will be working in conjunction with the trained and experienced volunteer team from Skanda Vale Community. Staff training continued throughout 2013 with four members of the core care team studying in QCF 3 diploma courses in Health and Social Care and the Hospice manager developing a QCF 5 diploma course in Leadership in Adult Care management. Recognising the vital part the volunteers will play in the Hospice the trustees appointed one of the project team to specifically develop and coordinate a volunteer program. A complete rebrand of the Hospice was also undertaken to include all design and publications and work towards a new bilingual website. Towards the end of 2013, the trustees agreed to develop Craig Fryn, a building owned by the charity in Skanda Vale, as a temporary Day Care Centre allowing for continuity of care for our current patients for the duration of the building works at the main hospice site. The costs for this was estimated at £65,000 excluding the heating system. The trustees agreed to fund the works using the £51,000 from the Hospice support fund with the remaining expenditure being met as the work progressed from general unrestricted funds. It is anticipated to have the site ready for the September 2014. Once the main hospice is reopened then Craig Fryn could be used for volunteer accommodation. The Trustees received confirmation in March 2014 that our application for £500,000 capital grant to BIG Lottery had been successful. Financial Review General Comments on SOFA and Balance Sheet The Main two Funds operated by the Charity are the general unrestricted Community and Temple Fund and the Restricted Hospice Fund. Details of the charity’s other specific funds can be found in the notes to the accounts. Unrestricted Community and Temple Fund There was a decrease in overall donated income to the Community unrestricted funds from £406,916 to £311,871. In 2012 four significant single donations had been received totalling about £90,000, not repeated in 2013. Investment income remained similar to the prior year at £3,537. Other income rose from £3,565 to £4,201, this was primarily due to a stock increase in the value of hay and straw at year end of £1,486. Total Community expenditure of unrestricted funds on charitable activities at £171,667 (excluding inter fund transfers, depreciation, decrease in stock and loss on disposal of fixed assets) rose by about 12% from the previous year. On the whole, the allocation of expenditure followed a similar pattern to previous years with the more notable percentage increases seen in the following areas; Community insurance increasing from to £4,196 to £5,062, increased premiums reflecting increase of buildings cover. Vehicle tax and insurance rose from £5,373 to £7,193 due mainly to increased premium costs across the board. Vehicle maintenance costs increased by 16% to £17,052, this was due to major repairs on several vehicles notably the Landini tractor. Expenditure on animal feeds rose by over 30% to £12,556. Governance costs increased slightly to £2,705. Throughout 2013 The Community invested £110,874 of general funds on fixed assets, primarily in facility and infrastructure improvements as detailed earlier in report. At the end of 2013 the charity decided to invest in a new database system, using Harlequin software. The overall system costs were £12,480 (capitalised) shared between the Community and Hospice Funds.

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Funds transfers of £2,000 to the Hospice Fund (restricted)and £56,309 to the Elephant Fund (designated) were made from General unrestricted funds. At year end there was £35,703 of unrestricted general Funds held In the CAFGold investment account and £67,555 held in CAF Platinum 30 day investment account. Restricted Funds Hospice Fund 2013 saw just under 50% increase in donated income for the hospice fund to £168,671. This was mainly attributable to a £50,000 grant from the Navchetna Trust towards the incare project. Investment income rose from £15,432 to £21,125 and a great effort from the fundraising team resulted in generated funds income rising by over 39% to £64,692. Following the development of the project plan, the trustees have examined opportunities to diversify and increase income for the Hospice. An opportunity to open our first charity shop arose in our local town of Llandysul, and the trustees agreed to proceed with a 3 month trial in October. The trial was a great success, as well as providing just over £2,700 profit in this period the shop increased the profile of the hospice in the local community, has generated many volunteer opportunities both in the shop and at the hospice and will give us a much needed presence on the high street especially once building work begins. At the end of the trial, the trustees agreed to proceed with the shop by signing a 3 year rental lease with a one year opt out. As rental is modest (£100/ week), all staff are volunteers and the vast majority of goods sold are donated the trustees considered the charities exposure to risk as minimal. The Trustees recognise the formidable challenge that the charity faces in both sustaining and developing the Hospice. Towards this, continued focus has been placed in the coming year increasing both participation and the number of fundraising events developing the hospice emporium and Tea stall in Skanda Vale and creating more opportunity for donations. Further Applications for grant funding will be made as the incare project develops. Hospice expenditure on charitable objectives (excluding depreciation and loss on disposal of fixed assets) decreased from £55,501 to £44,829. Expenditure was fairly consistent with the previous year apart from the costs of professional fees £13,040 in 2012 compared to £2,040 in 2013. In 2012 whilst there remained an element of uncertainty over whether planning consent would be granted, professional fees relating to the development of the hospice were included as expenditure in the financial statements. In 2013, with planning being granted, all professional fees directly related to the development of the hospice were capitalised and included under assets under construction amounting to £47,809. Generated funds costs stayed proportionate at £12,541. In Summary, fundraising costs represented just under 20% of the amount returned from fundraising compared to 18% in 2012. Throughout 2012 The Hospice invested a total of£63,505 of restricted funds on fixed assets. At yearend total cash held in a combination of investment accounts via CAFBank, Scottish Widows and Principality increased from £1,194,686 to £1,331,122. Major planned projects planned or budgeted for at year end At year end, the charity had substantial commitments for 2014. To progress the new Elephant barn to completion for which approximately £15,000 of unrestricted funds will be required; Replacement of pilgrim accommodation, a two to three year project not yet costed but for which the trustees have allocated £100,338 of designated funds; The development of Craig Fryn as temporary Day Care Facilities, the overall revised budget for this project including heating system (June 2014) is now £92,000 of which £41,000 of unrestricted funds will be required. For the Hospice, the development of the six bed inpatient unit, approximately £1.9 Million total capital costs over 2014/2015.

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Significant projects since year end Following the theft of one of the murthis from the Sri Ranganatha Temple in March, the trustees agreed to invest £19,670 on a CCTV security system. Reserves The trustees have reviewed the Charity’s needs for reserves in line with the SORP 2005. The trustees consider £70,000-£80,000 in unrestricted cash reserves held on account to be a level required to protect the Community against fluctuations in income. The Community is primarily reliant on visiting pilgrims for income. Although the overall number of visitors annually remains high the majority visit in the summer, however the Charity is committed to fully maintaining the Community’s Temples and the resident community of 26 people alongside many animals. £70,000-£80,000 represents approximately 6 months running costs and provides a buffer to help cash flow. Towards this the trustees will monitor carefully the unrestricted cash reserves of £263,596 held at year-end 2013 mindful of the fact that £160,338 of the total is designated funds, £15,000 is budgeted towards completion of the elephant barn and taking into consideration the charity’s commitment to try and progress the completion of Craig Fryn from incoming resources or reserves if necessary, leaving approximately £47,258 of free reserves at year end. The trustees will regularly monitor the overall level of free reserves over the course of the year balancing the charity’s ongoing commitments, projects and developments in relation to income received and will try wherever practical to structure the progress of projects so that part of the cost is met by future incoming resources leaving a reserve of undesignated unrestricted funds of at least £60,000. Risk Management The charity reviews risk at each scheduled trustees meeting. A comprehensive risk review including insurance cover, Health and Safety policies and Fire risk assessment was carried out in 2013. 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 Trustees’ responsibilities in relation to the financial statements The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:

• Select suitable accounting policies and then apply them consistently;

• Make judgements and estimates that are reasonable and prudent;

• State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements and;

• Prepare the financial statements on the going concern basis unless it is inappropriate to presume

that the charity will continue in operation.

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The Community of The Many Names of God Statement of Financial Activities

01 January 2013 to 31 December 2013

Note Unrestricted Funds

£

Restricted Funds

£

Permanent Endowment

£

Total Funds 2013

£

Total Funds 2012 £

Incoming Resources

Voluntary Income 1 311,871 168,671 - 480,542 558,103 Activities for generating funds 2 0 64,692 - 64,692 46,430 Investment Income 3 3,537 21,125 - 24,662 18,918 Other Incoming Resources 4 4,201 5,536 - 9,737 4,765 Total Incoming Resources 319,609 260,024 0 579,633 628,216

Resources Expended Costs of generating voluntary income 5 0 12,541 - 12,541 8,393 Charitable activities 6 225,672 73,627 - 299,299 282,335 Governance costs 7 2,705 2,380 - 5,085 4,080 Total resources expended 228,377 88,548 - 316,925 294,808 Net incoming resources before transfers 91,232 171,476 0 262,708 333,408

Transfers Gross transfers from unrestricted to restricted funds 8 -2,000 2,000 - 0 0

Gross transfers from restricted to unrestricted funds 8 29,545 -29,545 0

Total Fund Transfers 27,545 -27,545 - 0 0

Net Movement in Funds 118,777 143,931 0 262,708 333,408 Reconciliation of Funds Total Funds brought forward 1,620,252 2,126,118 440,000 4,186,370 3,852,962 Total Funds carried forward 1,739,029 2,270,049 440,000 4,449,078 4,186,370

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The Community of The Many Names of God Reg Charity 511166 December 31, 2013

NOTES TO THE ANNUAL REPORT AND ACCOUNTS OF THE COMMUNITY OF THE MANY NAMES OF GOD

Registered Charity No. 511166 Year ending 31.12.2013

The accounts have been prepared on an accruals basis in accordance with:

a) The Charity Commission’s Statement of Recommended Practice (2005) and Accounting Standards.

b) Part VI of the Charities Act 1993. c) The historic cost basis of accounting. d) UK Accounting Standards

Employees and Remuneration The Charity has no expenditure on wages\salaries. All work in both the Community and the Hospice is done on a totally voluntary basis by the monastic community and lay volunteers. No trustee of the Charity received remuneration nor was paid any expenses in the year ending 31.12.13 Trustees Benefits 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. Related Party Transactions No related Party Transactions occurred during the financial year. Insurance Public liability, employers liability and buildings combined cover for Skanda Vale Community in the name of the trustees for the time being of the Community of the Many Names of God: at £399 for the period from 21.11.13 until 24.12.13. Public liability, employer’s liability and buildings combined cover for Vale Hospice Lodge, the Information Unit and Skanda Vale Hospice Day Care Centre in Saron: at £623 for the period from 21.11.13 until 24.12.13. Charity Commercial Combined Insurance (All of charity premises and activities) £ 13,121 effective from 24.12.13 Health Insurance for Sister Maria (Swiss nun) £647 effective from 01.01.2013. Professional liability insurance for two complementary therapists £184 effective from 01.03.13

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Charity Professional Liability Cover incorporating Trustee indemnity cover £424 effective from 21.11.13 Professional Fees Estimated cost of auditing 2013 accounts: £2,220 Structural engineer relating to work on Elephant Barn £418 Structural engineer relating to work on wood shed £691 Legal advice on contract dispute relating to work on Elephant barn £384 Legal advice on liability relating to Pencader Tunnel £1200 Legal services, conveyancing of small parcel of land £606 Architectural fees for Hospice Inpatient project £37,504 Quantity Surveyor fees for Hospice Inpatient project £4,912 VAT consultancy advice for Hospice Inpatient project £2,040 Landscape Garden design fees for Hospice Inpatient project £1,246 Ecology fees for Hospice Inpatient project £1,538 Incoming Resources Policy Incoming resources to the Charity are recognised when they are received. Accrued incoming resources are recognised in the accounts when conditions for receipt have been met; entitlement, certainty and measurement. Resources Expended Policy The policy for including items within “Community Expenditure on Charitable Objectives” in the SOFA relates to expenditure incurred in fulfilling the objects 1- 4 of the Charity’s Deed of Trust as presented in the Annual Report apart from professional fees incurred in the management and administration of the Community. The policy for including items within “Hospice Expenditure on Charitable Objectives” relates to the expenditure on the provision and development of hospice care in fulfilling object 5 of the Charity’s Trust Deed as presented in the Annual Report, apart from the cost of professional fees incurred in the management, administration and development of the Hospice service. The policy for including items within “Hospice Generated Funds Costs” in the SOFA is to include all expenditure relating to the raising of funds for the running and development of the hospice service. The fundraising stock that forms part of this expenditure is the cost of purchasing items, namely, Devotional books, Compact Discs and badges that are made available to the public in the Hospice Information Unit situated in the Temple precincts of the Community. These items are not sold at a fixed price; visitors are free to make a donation if they wish as clearly stated in the Information Unit. The other major cost of fundraising stock is that of emblems which are offered to the public for a free donation on Street and Store Collections; there is no fixed price or minimum donation.

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Assets Policy Notes Fixed assets are included in the accounts at historic cost where available. In respect of those assets included in Account 21 “Other Buildings, Structures and Enclosures”, for some of which there was no historical cost available, we have estimated their value on the basis of their value to the Charity at the 31.12.2000 (para. 195 SORP 2000). This estimate reflects the remaining useful lifespan of the asset and is proportional to the cost of replacement estimated on the basis of the cost of materials only; labour costs have not been quantified as all labour is provided by the members of the community and volunteers on a totally voluntary basis. Items with a value of over £250 are capitalised as fixed assets. To avoid undue expense the Charity has adopted a policy of non revaluation of fixed assets from 31.12.01. Changes in resources applied for Fixed Assets for Charity Use In the year ending 31.12.13 £110,874 of unrestricted fund C was applied for the purchase of fixed assets for the use of the Community. In the year ending 31.12.13 £64,470 of designated fund E was applied for the purchase of fixed assets for the use of the Community. In the year ending 31.12.13 £63,505 of the Hospice restricted fund H was applied for the purchase of fixed assets for the use of the Hospice service. Depreciation accounting policy 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 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 where brought into use. An estimate of the initial cost of land where land and buildings were purchased together has been made in consultation with the charity’s auditors. The value of Land at cost is represented separately on the balance sheet notes and is not depreciated. Temple and other Assets which include various Temple animals and adornments are not depreciated. Annual depreciation rates on all other tangible fixed assets remain unchanged and are applied on a reducing balance basis from the date the asset is brought into use. The depreciation rates for the different classes of tangible fixed assets are as follows: Infrastructure 3% Buildings class 2, Structures and enclosures 5%

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Elephant Enclosure 10% Office Equipment 10% Plant and Equipment 10% Fixtures and Fittings 10% Vehicles 20% Gifts in Kind - Community 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 to be used in the service of God. 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 that aspect of the Charity's work. The Community is also a recipient 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 for the service of God to develop and provide facilities for the worship of God and 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. Other Uncapitalised Fixed 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 principle 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.

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Gifts in Kind – Skanda Vale Hospice Gifts in kind at year end 2013 for fundraising remain uncapitalised until sale. Intangible Assets The Community is fortunate to have the continued free use of vehicles, plant and machinery on the condition that maintenance, fuel and running costs are paid for by the Community. A list of these items is attached. The Community also has the favourable resources of unsecured interest free loan arrangements with an individual, to help cash flow throughout the year. Analysis of charitable funds Analysis of Fund Movements

Balance at 1 Jan 2013 b/fwd

Incoming Resources

Resources Expended

Transfers Fund c/fwd 31 Dec 2013

£ £ £ £ £

Fund A 100,338 0 0 0 100,338

Fund C 1,298,424 319,609 228,034 (28,764) 1,361,235

Fund D 440,000 0 0 - 440,000

Fund E 161,490 0 343 56,309

217,456

Fund F (8,159) 0 0 0 (8,159)

Fund FA 42,648 0 2,699 0 39,949

Fund H 2,054,974 260,024 83,537 2,000 2,233,461

Fund HS 50,000 0 0 0 50,000

Fund M 5,093 0 295 - 4,798

Fund S 10,000 0 0 0 10,000

Fund W 31,562 0 2,017 (29,545) 0

Total 4,186,370 579,633 316,925 0 4,449,078

Designated Fund A- Pilgrim Accommodation This fund was set up in December 2010 to build up funds towards providing new purpose built pilgrim accommodation at Skanda Vale. £100,000 of the fund is held in a Scottish Widows CAF 1 year Fixed Term deposit with the remaining £338 held in the CAF Gold investment account. It is hoped to submit a planning application for the project during 2014.

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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 estimate its market value upon receipt at £4,000 per acre based on land values in the area, capitalising the whole donation as £440,000 in the accounts. The donors stipulated that the land is transferred to the charity as permanent endowment. The land is contiguous to Skanda Vale monastery and had been used with the permission of the previous owners prior to the donation for housing and grazing some of the Communities animals and for making fodder. This use will continue and now the land is in the ownership of the charity investment will take place to manage and improve the land for this part of the Charity’s work. Designated Fund E- Elephant Fund This unrestricted fund was set up to develop facilities for Valli our existing Temple Elephant and to find and support a second elephant as a companion for her. Building work progressed on the new elephant barn throughout 2013 and at year end £214,372 had been invested in the construction of the new barn in total. The trustees aim to complete the Elephant barn in 2014 subject to available unrestricted funds. Restricted Fund F- Forestry Commission Grant This fund was set up in November 2010 following receipt of a forestry commission grant for the management of Allt Hebog woodland. The grant was awarded over a five year period totalling £28,774 and is receivable in fixed sums once specific operations have been completed. In prior years, the trustees decided to bring forward some of the scheduled works. The cost of these works was transferred from general fund C to be refunded once payment is received in 2014 with the amount of £8,159 being included in the accounts as long term debtor with fund C and long term liability in fund F. Restricted Fund FA- Food Aid, Store Shed This fund was set up in January 2012 upon receiving confirmation of a two grant awards towards the cost of a new dried food store shed and associated equipment to modernise and expand facilities central to the charity’s food aid program. In prior years a grant of £25,000 was received from Carmarthenshire County Council Collaberation Fund, and another of £3,000 from the Welsh Church Fund, in addition a funds transfer of £16,021 was also made in 2012 from general unrestricted funds (fund C) to complete funding for the project. All of the fund value of £39,949 at year end 2013 is held in Fixed Assets. Restricted Fund H – Skanda Vale Hospice Set up in 1987 to provide hospice care: initially as a home support service which ran until March 2004, secondly as a day centre and finally as a residential hospice. Vale Hospice Lodge was

- 22 -


purchased in July 1996 for £90,000 and is used as volunteer residence. From late 2010 until year end 2012 the building was extended and completely refurbished costing £337,438 overall. Skanda Vale Hospice building in Saron Llandysul, eight miles from the Community at Skanda Vale was purchased in September 2002 for £280,000. The Day Care Hospice opened to patients in March 2004. Funds are now being raised to maintain the Day Care centre and to build and develop an in care unit at the Hospice site in Saron. At year end these funds totalled £1,331,122 £510,000 of these funds are held in a Principality 12 month CAF bond, £760,000 are held in a Scottish Widows CAF 1 year fixed term deposit, £21,326 is held in a CAF 30 day notice platinum account and £39,796 is held in CAF Gold instant access investment account operated by CAF Bank Designated Fund HS- Hospice Support This Fund was set up in 2012 to provide resources at Skanda Vale Monastery that could support the work and development of the Hospice Service. The 2013 year end fund value of £50,000 is held in a CAF Platinum account. Restricted Fund M- WCVA Environment Wales PGF Grant This fund was set up in 2010 upon receipt of a £6, 614 grant as support from Environment Wales with funding from the Welsh Assembly Government. The grant was to assist in the cost of managing a conservation area in Skanda Vale primarily through providing fencing and land management equipment. At year end 2013 the value of this fund was £4,798 all held in functional fixed assets. Designated Fund S- Shakti Temple Fund This fund was set up in 2012 to support the future development of the Shakti Temple. At year end 2013 The fund value of £10,000 is held in a Scottish Widows CAF 1 year fixed term deposit. Restricted Fund W- WEBS Grant This fund was set up in November 2006 upon receipt of a grant from the Wood Energy Business Scheme, administered by the Forestry Commission. The grant was to fund 47.9% of a project to install a high efficiency log boiler at the monastery to supply hot water and heating to the pilgrims shower block. It included the cost of the boiler house, a bulk wood store, a log splitter and all necessary plant installed by an approved contractor. The total cost of the grant aided part of the project was estimated to be £44,600 of which a maximum of £21,400 was receivable from WEBS. The project was completed by April 2007 with an additional funds transferred from general unrestricted charity funds At year start 2013 the value of the fund was £31,562 with £2,017 being expended throughout the year on depreciation. Following the initial terms of the grant the full value of this fund (£29,544.57) was transferred to unrestricted fund C in at year end 2013.

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INTANGIBLE ASSETS – YEAR END 2013 List of items available for Community use Various Motor Vehicles JCB UNCAPITALISED ASSETS - YEAR END 2013 Community All images, artefacts and adornments in the Community temples Temple Goporum - donated marble and mosaics Case International Tractor JCB Mini Digger Various caravans 2nd hand David Brown 4WD Tractor Mini Tractor and Rotovator Hay Trailer PZ Hay Bob Horse Box Large Glass House Freezers & Fridges Various welders/power tools and hand tools Marquee and canvass canopy Various furnishings and fittings in buildings and chalets Various heaters and cookers Generating Sets and Electrical equipment Large screen television set Digital camera Computers, Printers, Laptop computers and back up systems Various PA equipment Various water supply systems Inflatable dinghy Ornamental Fish and Aquariums Elephant Llamas Deer Water Buffalo Birds, Horses and ponies Farm and small animals Large quantities of rice and pulses ATV Trailer Forestry Band Saw Grass Mower Skanda Vale Hospice Computer and related office equipment Various TV and HiFi equipment Various furniture, fittings, tools and equipment Various Plants and ornaments Donated items for sale at market stalls etc.

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The Community of The Many Names of GodReg Charity 511166

Year End 31st December 2013

25

Community Tangible Fixed Assets 2013 Fund C

Cost Land Buildings

Other Buildings

Stuructures and

EnclosuresPlant and

Equipment

Temple and Other

AssetsFixtures

and Fittings Vehicles InfrastructureAssets Under Construction Total

at 01.01.2013 153,000 399,336 309,086 226,689 14,931 154,960 40,075 25,366 162,245 1,485,688Additions in 2013 1,600 0 36,832 46,305 0 12,215 0 0 13,922 110,874Disposals 0 -595 -1,275 -400 0 0 -2,270Transfers 8,206 26,657 23,128 1,692 -12,733 46,950

at 31.12.2013 154,600 407,542 372,575 295,527 13,656 168,467 40,075 25,366 163,434 1,641,242

Accumulated Depreciation at 01.01.2013 0 76,218 95,383 94,756 0 64,611 17,773 7,378 0 356,119

Charge for year 0 7,987 11,565 17,274 10,067 4,460 540 51,893Elimination on disposals 0 0 -347 -153 0 -500Total Depreciation at 31.12.2013 0 84,205 106,948 111,683 0 74,525 22,233 7,918 0 407,512

Net Book Valueat 31.12.2013 154,600 323,337 265,627 183,844 13,656 93,942 17,842 17,448 163,434 1,233,730

Net Book Valueat 01.01.2013 153,000 324,240 218,317 143,601 14,931 90,349 22,302 17,988 162,245 1,146,973

The Community of The Many Names of God reg charity 511166 Year End 31st December 2013

26

Community Tangible Fixed Assets 2013 FUND D

Cost Elephant Enclosure Total

at 01.01.2013 440,000 440,000Additions in 2013 0 0Disposals

at 31.12.2013 440,000 440,000

Accumulated Depreciation at 01.01.2013 0 0

Charge for year 0 0Elimination on disposalsTotal Depreciation at 31.12.2013 0 0

Net Book Valueat 31.12.2013 440,000 440,000

Net Book Valueat 01.01.2013 440,000 440,000



27

Community Tangible Fixed Assets 2013 FUND E

Cost Elephant Enclosure

Elephant Barn under construction

Total

at 01.01.2013 5,756 149,902 155,658Additions in 2013 0 64,470 64,470Disposals 0 0

at 31.12.2013 5,756 214,372 220,128

Accumulated Depreciation at 01.01.2013 2,329 0 2,329

Charge for year 343 0 343Elimination on disposalsTotal Depreciation at 31.12.2013 2,672 0 2,672

Net Book Valueat 31.12.2013 3,084 214,372 217,456

Net Book Valueat 01.01.2013 3,427 149,902 153,329

The Community of the Many Names of GodReg Charity 511166

Year End 31st Dec 2013

28

Community Tangible Fixed Assets 2013 FUND FA

Cost Food Store Shed Plant & Equipment

Fixtures & Fittings Total

at 01.01.2013 32,126 3,368 8,527 44,021Additions in 2013 0 0 0 0Disposals 0 0 0 0

at 31.12.2013 32,126 3,368 8,527 44,021

Accumulated Depreciation at 01.01.2013 813 116 444 1,373

Charge for year 1,566 325 808 2,699Elimination on disposals 0 0 . 0Total Depreciation at 31.12.2013 2,379 441 1,252 4,072

Net Book Valueat 31.12.2013 29,747 2,927 7,275 39,949

Net Book Valueat 01.01.2013 31,313 3,252 8,083 42,648



29

Hospice Tangible Fixed Assets 2013 Fund H

Cost LandBuildings Class 1

Buildings Class 2

Office Equipment

Fixtures and Fittings Vehicles

Assets under Construction Total

at 01.01.2013 90,000 766,976 3,113 6,206 95,457 32,777 0 994,529Additions in 2013 0 0 0 2,429 6,795 54,281 63,505Disposals 0 0 0 -3,728 -15,287 0 -19,015Transfers 0 0 0

at 31.12.2013 90,000 766,976 3,113 6,206 94,158 24,285 54,281 1,039,019

Accumulated Depreciation at 01.01.2013 0 80,498 2,117 3,672 54,466 23,249 0 164,002

Charge for year 0 15,339 50 253 4,132 2,541 0 22,315Elimination on Disposals 0 -2,257 -13,698 -15,955Total Depreciation at 31.12.2013 0 95,837 2,167 3,925 56,341 12,092 0 170,362

Net Book Valueat 31.12.2013 90,000 671,139 946 2,281 37,817 12,193 54,281 868,657

Net Book Valueat 01.01.2013 90,000 686,478 996 2,534 40,991 9,528 0 830,527



30

Community Tangible Fixed Assets 2013 FUND W (WEBS )

Cost WEBS Plant & Equipment

WEBS Log Boiler House Building class 1

WEBS Bulk Wood Store Building class 2

Total

at 01.01.2013 23,128 8,205 15,616 46,949Additions in 2013 0 0 0 0Disposals 0 0 0 0Transfers -23,128 -8,205 -15,616 -46,949

at 31.12.2013 0 0 0 0

Accumulated Depreciation at 01.01.2013 10,395 957 4,036 15,388

Charge for year 1,273 164 579 2,016Elimination on disposals -11,668 -1,121 -4,615 -17,404Total Depreciation at 31.12.2013 0 0 0 0

Net Book Valueat 31.12.2013 0 0 0 0

Net Book Valueat 01.01.2013 12,733 7,248 11,580 31,561

The Community of The Many Names of God Reg charity 511166 Year End 31st Dec 2013

31

Community Tangible Fixed Assets 2013 FUND M

Cost WCVA Plant & Equipment WCVA Fencing Total

at 01.01.2013 1000 4,802 5,802Additions in 2013Disposals 0

at 31.12.2013 1000 4,802 5,802

Accumulated Depreciation at 01.01.2013 204 505 709

Charge for year 80 215 295Elimination on disposalsTotal Depreciation at 31.12.2013 284 720 1,004

Net Book Valueat 31.12.2013 716 4082 4798

Net Book Valueat 01.01.2013 796 4297 5,093


] Year End 31st December 2013

32

The Community of the Many Names of GodBalance Sheet at 31 Dec 2013

31st Dec 2012 31st Dec 2013£ Assets and Liabilities £

FIXED ASSETS

Tangible Fixed Assets note 10

Fund C153000 Community Land 154600324240 Community Buildings 323337218317 Other Buildings/ Structures/ Enclosures 265627143601 Plant and Equipment 18384414931 Community and Temple assets 1365690349 Fixtures and Fittings 9394222302 Vehicles 17842

162245 Assets Under Construction 16343417988 Infrastructure 17448

1146973 Total 1233730

Fund D440000 Community Land 440000440000 Total 440000

Fund E3427 Elephant Enclosure 3084

149902 Elephant Barn Under Construction 214372153329 Total 217456

Fund FA31313 Food Store Shed 297473252 FoodStore Shed Plant & Equipment 29278083 Food Store Shed Fixtures & Fittings 7275

42648 Total 39949

Fund W12733 WEBS Plant and Equipment 07248 WEBS Buildings Class 1 0

11580 WEBS Buildings Class 2 031561 Total 0

Fund H90000 Hospice Land 90000

686478 Hospice Buildings Class 1 671139996 Hospice Buildings Class 2 946

40991 Hospice Fixtures and Fittings 378172534 Hospice Office Equipment 22819528 Hospice Vehicles 12193

0 Assets Under Construction 54281830527 Total 868657

Fund M796 WCVA Plant & Equipment 716

4297 WCVA Fencing 40825093 Total 4798

2650131 Total Tangible Fixed Assets 2804590



33

31st Dec 2012 Community investments note 11 31st Dec 2013£ £

1455 Stocks and Shares 1455

2651586 Total Charity fixed Assets and Investments 2806045

CURRENT ASSETS

Stocks note 12

Fund C8145 Community Stocks 9630

Fund H10142 Hospice Stocks 10686

18287 Total Stock 20316

DEBTORS note 13

Fund C821 Accrued Income 364

9483 Inland Revenue Tax to Claim 102327924 Prepayments 32571324 Community Debtors 7408159 Fund C long term debtors loan to Fund F due 2014 8159

27711 Total 22752

Fund H7005 Hospice Debtors 5216

10248 Inland Revenue Tax to Claim Hospice 148399007 Prepayments- Hospice 3943

0 Fund H long term debtors 40026260 Total 24398

53971 Total Debtors 47150



34

31st Dec 2012 31st Dec 2013£ CASH AT BANK AND IN HAND note 14 £

Fund C505 Community Lloyds TSB current account 10

-177 Community Cash Account 726571 CAFBank Community Current Account 4903

39 Community Shopping 16938 Total 4986

Fund H145 Hospice Lloyds TSB current Account 100

3471 CAFBank Hospice Current Account 5457168 Hospice Petty Cash 405269 Pay Pal Hospice online 0

4053 Total 5962

10991 Total Cash at Bank and in Hand 10948



35

31st Dec 2012 31st Dec 2013£ CAFBank Investment Accounts note 15 £

Fund A100338 Scottish Widows CAF Fixed Term Deposit Account 100000

0 CAF Gold Investment Account 338100338 Total 100338

Fund C

58685 Community CAFGold Account 3570360573 Scottish Widows CAF Account 0

0 CAF Platinum Account 67555119258 Total 103258

Fund E

8161 Community CAFGold Account 08161 Total 0

Fund H79249 Hospice CAFGold Account 39796

350713 Hospice Scottish Widows CAF Account 00 Scottish Widows CAF Fixed Term Deposit Account 760000

264724 Hospice CAF Platinum Account 21326500000 Hospice Principality 12mth CAF Bond 510000

1194686 Total 1331122

Fund HS50000 Principality 12mth CAF Bond 0

0 CAF Platinum Account 5000050000 Total 50000

Fund S10000 Scottish Widows CAF Fixed Term Deposit Account 1000010000 Total 10000

1482443 Total funds held in CAFBank investment Accounts 1594718

1565692 Total Charity Current Assets 1673132



36

31st Dec 2012 31st Dec 2013£ CURRENT LIABILITIES £

Creditors falling due within one year note 16

Fund C11006 Trade Creditors 134661050 Other Creditors 1110

12056 Total 14576

Fund H10586 Short term Creditors -Hospice 7364

107 Accruals Hospice 010693 Total 7364

22749 Total Creditors falling due within one year 21940

1542943 NET CURRENT ASSETS 1651192

4194529 TOTAL ASSETS LESS CURRENT LIABILITIES 4457237

LONG TERM LIABILITIES

Fund F8159 Long Term loans to fund C repay 2014 8159

8159 TOTAL LONG TERM LIABILITIES 8159

4186370 NET ASSETS 4449078

Represented by Funds

Unrestricted Funds100338 Fund A Accommodation 100338

1298424 Fund C Community and Temple 1361235161490 Fund E Elephant 21745650000 Fund HS Hospice Support 5000010000 Fund S Shakti Temple 10000

1620252 Total 1739029

Restricted Funds-8159 Fund F Forestry Hebog -815942648 Fund FA Food Aid Store Shed 39949

2054975 Fund H Hospice 22334615093 Fund M WCVA Grant 4798

31561 Fund W WEBS Grant 02126118 Total 2270049

Permanent Endowment Funds440000 Fund D Deri 440000

4186370 TOTAL FUNDS 4449078



37

The Community of The Many Names of God

Income and Expenditure Account and Fund Movements 01 Jan 2013 to 31 Dec 2013

Fund A Accommodation Fund (Unrestricted designated Fund)

01 Jan 2012 to 31 Dec 2012

01 Jan 2013 to 31 Dec 2013

£ £Income

Community Investment income note 3

0 Birmingham Midshires CAF FRS Interest 00 Accrued Interest 00 Total 0

Community Transfers note 8 continued

35000 Income from Fund C 0

35000 Total Income 0

Expenditure

Community charitable Activities note 6 continued

0 Fund A Expenditure 00 Total 0

35000 Surplus 0

65338 Balance brought forward 01 Jan 2013 100338

100338 Balance carried forward 31 Dec 2013 100338



38

Fund C Community and Temple (Unrestricted Fund)

01 Jan 2012 to 31 Dec 2012

01 Jan 2013 to 31 Dec 2013

£ Income £

Community voluntary income note 1

129934 Cheque and Postal Donations 44657.00236243 Cash Donations 225402.00

9575 Standing Orders 9602.00901 Credit Card Donations 1097.00

14688 CAF online credit card donations 9916.004320 CAF online direct debits 7865.001772 CAF Gift Aid reclaimed 3100.009483 Tax Refunds 10232

406916 Total 311871


257 CAFBank Interest 1636.003106 Scottish Widows CAF Interest 1768.00123 Stock and Shares Dividends 133.00

3486 Total 3537.00

Community other income note 4

305 BT Payphone 220.002255 Electricity Meters 1736.00257 Sundries Income 207.00

0 Increase in stock 1486.00748 Feed in Tarrif Income 552.00

3565 Total 4201.00

Community Transfers

0 Income from other funds 29,545

413967 Total Income Fund C 349154.00



39


01 Jan 2012 to 31 Dec 2012

01 Jan 2013 to 31 Dec 2013

£ £Expenditure

Community Charitable Activities note 64196 Insurance Buildings and Liability 50622378 Taxes- Various 22625373 Vehicle Tax and Insurance 7193875 BT Payphone 681

2641 Telephone 331816260 Electricity 177244074 Gas 1916

0 Diesel for Generators 01736 Diesel for Tractors 2791806 Biodiesel 711712 Water 338

27682 Community Food and living 29187890 Laundry 920

2981 Petrol 44599927 Vet and Animal Care 11004

14668 Vehicle Maintenance 1705234415 Community Maintenance 387129591 Animal Feed 125569133 Agriculture 11617387 Travel 1039

43840 Depreciation 518927349 Loss on disposal of Fixed Assets 17701071 Bank charges 1342245 Credit Card merchant fees 193263 Decrease in Stock 0

2834 Professional Fees 1590204327 Total 225329

Community governance costs note 71080 Professional fees for audit 11701231 Community Admin Software 15352311 Total 2705



40


01 Jan 2012 to 31 Dec 2012

01 Jan 2013 to 31 Dec 2013

£ £Expenditure

Community transfers note 835000 Funds transfer to Fund A 0

0 Funds transfer to Fund E 5630916021 Funds transfer to Fund FA 038000 Funds Transfer to Fund H 200050000 Funds Transfer to Fund HS 0

139021 Total 58309

345659 Total Expenditure Fund C 286343.00

68308 Surplus 62811





41

Fund D Deri (Permanent Endowment Fund)

01 Jan 2012 to 31 Dec 2012

01 Jan 2013 to 31 Dec 2013

£ £Income

Community other Income note 4 continued0 Capitalisation of Donated Land 00 Total 0

Expenditure


0 Fund D Expenditure 00 Total 0

0 Surplus 0





42

Fund E Elephant Fund (Unrestricted designated Fund)

01 Jan 2012 to 31 Dec 2012

01 Jan 2013 to 31 Dec 2013

£ £Income





Expenditure


381 Fund E Depreciation 343381 Total 343

-381 Surplus 55966





43

Fund F Forestry Hebog (Restricted Fund)

01 Jan 2012 to 31 Dec 2012

01 Jan 2013 to 31 Dec 2013

£ £Income

Community donated Income note 1 continued0 Income for fund F 00 Total 0



0 Total Income 0

Expenditure


1778 Expenditure Fund F 01778 Total 0

Fund F Transfers note 8 continued

0 Transfers to Fund C 0

1778 Total Expenditure 0

-1778 Surplus 0

-6381 Balance brought forward 01 Jan 2013 -8159

-8159 Balance carried forward 31 Dec 2013 -8159



44

Fund FA Food Aid store shed (Restricted Fund)

01 Jan 2012 to 31 Dec 2012

01 Jan 2013 to 31 Dec 2013

£ £Income

Community donated Income note 1 continued

3000 Welsh Church Fund Grant 025000 Carmarhenshire County Council Collaberation Fund 028000 Total 0


16021 Income from Fund C 044021 Total Income 0

Expenditure


1373 Depreciation Fund FA 26991373 Total 2699

Fund FA Transfers note 8 continued

0 Transfers to Fund C 0


42648 Surplus -2699





45

Fund H Continuing Care Service (Restricted Fund)

01 Jan 2012 to 31 Dec 2012

01 Jan 2013 to 31 Dec 2013

£ £Income

Hospice voluntary income note 1 continued

52571 Hospice Unit Box 647351985 Saron Box 18422346 Home Boxes 2121

80 Shop Boxes 19312704 Donations 10822

609 Donations in Memoriam 1127500 Legacies 0

15221 Standing Orders 1596711733 CAF online credit card donations 6651689 CAF direct debits online 1741385 CAF gift aid reclaimed 184

2742 Just Giving gift aid reclaimed 443510622 Tax refunds- Hospice 14839

0 Grant Income In Care 50000113187 Total 168671

Hospice investment income note 3 continued

15432 CAFBank interest 2112515432 Total 21125



46


01 Jan 2012 to 31 Dec 2012

01 Jan 2013 to 31 Dec 2013

£ £Income

Hospice generated funds income note 2

7229 Store Collections 90161556 Street Collections 1534

14750 Coastal Path Walk 1111015774 10k run London 12872

216 E Fundraising 1523463 Local Events 71003183 Walruss Dip 2058

0 Skydive 14123259 Online Shop 1011

0 Llandysul Boutique sale of donated goods 53940 Llandysul Boutique sale of purchased goods 322

46430 Total 64692

Hospice - Other income note 4 continued0 Gain on disposal of Fixed Assets 106

1200 Capitalization of Donated Assets 40000 Hospice Insurance Claims 1430

1200 Total 5536



38000 Total 2000.00

214249 Total income 262024.00



47


01 Jan 2012 to 31 Dec 2012

01 Jan 2013 to 31 Dec 2013

£ £Expenditure

Hospice expenditure on Charitable Activities note 6 continued3636 Patients Care and Catering 36032432 Housekeeping and Provisions 18271757 Volunteer Expenses 6816889 Insurance- Buildings and liabilities 72712485 Telephone 2526

10740 Utilities 10568253 Postage 29815 Office equipment and maintenance 0

421 Stationery 6210 Service Promotion 1526

48 Miscellaneous 903951 Travel Expenses 34374716 Vehicle Costs 4698130 Bank Charges 156291 Card fees & charges 302178 VHL Maintenance and repair 1455

3807 Saron Maintenance and repair 2997712 VHL Council Tax 733

15789 Depreciation 22315683 Loss on Disposal of Fixed Assets 1472

13040 Professional Fees 204071973 Total 68616

Hospice generated funds costs note 53848 Fundraising Expenditure 45971961 Just Giving Charges 18512570 Decrease in Fundraising stock value 3026

14 Online Shop Pay Pal charges 520 Llandysul Boutique, lease and rental costs 14600 Llandysul Boutique, utilities and maintenance 9130 Llandysul Boutique, other expenses 3490 Llandysul Boutique, purchase of goods for sale 293

8393 Total 12541

Hospice Governance costs note 7 continued689 Hospice Admin Software 1270

1080 Professional fees 11101769 Total 2380


132114 Surplus 178487





48

Fund HS Hospice Support Fund (Unrestricted designated Fund)

01 Jan 2012 to 31 Dec 2012

01 Jan 2013 to 31 Dec 2013

£ £Income

Community donated Income note 1 continued0 Income for fund HS 00 Total 0




Expenditure


0 Expenditure Fund HS 00 Total 0

50000 Surplus 0





49

Fund M WCVA Grant (Restricted Fund)

01 Jan 2012 to 31 Dec 2012

01 Jan 2013 to 31 Dec 2013

£ £Income

Community donated Income note 1 continued0 Income for fund M 00 Total 0



0 Total Income 0

Expenditure


0 Expenditure Fund M 0315 Depreciation Fund M 295315 Total 295

-315 Surplus -295





50

Fund S Shakti Temple Fund (Unrestricted Designated Fund)

01 Jan 2012 to 31 Dec 2012

01 Jan 2013 to 31 Dec 2013

£ £

Income

Community donated income note 1 continued

10000 Income 0


Expenditure

Community expenditure on charitable activities note 6 continued

0 Expenditure 0

10000 Surplus 0





51

Fund W WEBS grant fund (Restricted Fund)01 Jan 2012 to 31 Dec 2012

01 Jan 2013 to 31 Dec 2013

£ £Income

Community donated income note 1 continued

0 WEBS grant income 0



0 Total Income 0

Expenditure

Community expenditure on charitable activities note 6 continued

2188 Fund W depreciation 2017


Fund W Transfers

0 Transfers to Fund C -29545

-2188 Surplus -2017



Unrestricted Funds100338 Fund A 100338

1298424 Fund C 1361235161490 Fund E 21745650000 Fund HS 5000010000 Fund S 10000

1620252 Total 1739029

Restricted Funds-8159 Fund F -815942648 Fund FA 39949

2054974 Fund H 22334615093 Fund M 4798

31562 Fund W 02126118 Total 2270049

Endowment Funds440000 Fund D 440000

4186370 Total Funds 4449078

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