SAM ACCOUNTANTS
Chartered Certified Accountants
46 %taliiin
L,1: 11211 .176.18411
-niAiI: a(Imtn'rt 4#niacLllUI)IAnl%.ciim
Date.. 8, July 2021
Out ref.. CT 633
Dear Tharmalingam Chrishanthan,
Chundikuli Trust Fund - 1009205
Chundikuli-STJohns Past
UK
Association
21 Gainsboro Gardens Greenford Middlesex UB6 OJG
This is to confirm that the Income and Expenditure Account for the year end 31 March 2021 is true and fair to
the best of my knowledge.
Please contact us, if you require any further information.
Yours Sincerely,
M Sathananthapotham
M Siiili#ii#nthxputhani f¥J%c. FC.'C.A
i klLl¢lUlltAiir% l.Id, l<cgi%t¢rcd Officé.: 46 St%lioJi Road, Nijrth Hiii'riJK. Iliil(IIIiLI. H..1? Y%F-.
C'iimp#iii Ki'xi%iriiliiiii Nurnhi r.. 11647111 Sy
ACCA

SAM ACCOUNTANTS
Chartered Certified Accountants
iirih Harr(JH. Ilidil IL'4L'
-mail: ailmin,'a saniaeLI)unlAnls.e(Im
Date.. 8, July 2021
Out ref: CT 633
Independent Examlnerfs Report
To the Trustees of
Chundikuli Trust Fund
Charity Number1009205
I report on the accounts of the year ended 31 March 2021 set out on the pages one to three
Respectlve respon5ibillties of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's tru5tee5 consider that
an audit is not required for thi5 year under section 144 of the Charities Act 2011 (the Charities Act) and that an
independent examination is needed. It is my responsibility to..
examine the accounts under section 145 of the Charitie5 Act,
to follow the procedures laid down in the general Directions given by the Charity Commission
(under section 14515llbl of the Charities Act), and
to State whether particular matters have come to my attention.
Basis of independent examlnerfs report
My examination was carried out in accordance with general Directions given by the Charity Commission. An
examination includes a review of the accounting records kept by the charity and a compari50n of the account5
presented wjth those records. It also includes consideration of any unusual item5 or disclosures in the accounts,
and seeking explanatlOn5 from the tru5tee5 concerning any such matters. The procedure5 undertaken do not
provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether
the accounts present a 'true and fair, view and the report is limited to those matters set out in the Statement
below.
Independent examlner's statement
In the course of my examination, no matter has come to my attention..
111 which give5 me reasonable cause to believe that in, any material respect, the requirements..
to keep accounting records in accordance with section 130 of the Charities Act,.
to prepare accounts with accord with the accounting records and comply with the accounting
requirements of the Charities Act have not been met,. or
I SaihMiiHntliapotli14 ni MSC, FC-C.A
Am .4iiiJuiiiatJl% l.id. Ri2lSttrL'd OffiLt: 46 liuliuii Ruad, ..l()rlh Hdl'rom., Trliildli%ix. H.4? 74F.
ACCA

121 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
131 the accounts have been prepared in accordance with the Charities SORP IFRS 1021
M Sathananthapotham
8th of July 202 1
Page 2 01- 2


## CHUNDIKULI TRUST FUND ( CTF ) 

_**Registered Charity in England & Wales ® no: 1009205**_ 

## **INCOME AND EXPENDITURE - 2020-2021** 

## **FOR THE YEAR ENDED 31 MARCH 2021** 


**----- Start of picture text -----**<br>
Notes 2021 2020<br>RECEIPTS<br>Eagle Nest  - Student Sponsorship Donations 13,078 13,988<br>Eagle Care - Sivapoomi Donations  3,900<br>Eagle Vision - Robert Williams Hall Individual Donations 58,818<br>CTF Projects Funds 1 73,305 28,324<br>Gift Aid  23,921 9,501<br>CSJPPA / CTF Members donation 1,924 1,594<br>Interest received 2,469 4,278<br>Sub total of receipts : carried fwd to next page 177,415 57,684<br>**----- End of picture text -----**<br>



## CHUNDIKULI TRUST FUND ( CTF ) 

_**Registered Charity in England & Wales ® no: 1009205**_ 

## **INCOME AND EXPENDITURE - 2020-2021 FOR THE YEAR ENDED 31 MARCH 2021** 


**----- Start of picture text -----**<br>
Notes 2021 2020<br>Sub total of receipts b/ fwd from previous page 177,415 57,684<br>LESS: PAYMENTS<br>Eagle Nest - Payment to St. John's , Chundikuli and KN 11,769 15247<br>Eagle Care - Dr G R Handy & J R Fussey Trust Fund<br>    Fund transferred to Eagle Care Trust in SL 28,592 6995<br>    Technology Enhancement Programme 1,036<br>    Sivapoomi Fund 4,874<br>CTF Projects Payments 2 76,645 44520<br>General Expenses 228 180<br>Bank charges 88 40<br>Currency Exchange Loss 2,698<br>Sub total of payments 125,930 66,982<br>Excess / (Shortfall) of income over expenses 51,486 (9,298)<br>Retained Surpluses brought forward 235,462 244,760<br>Retained Surpluses carried forward 286,948 235,462<br>**----- End of picture text -----**<br>


We approve this accounts which have been prepared form the receipts, payments and accrued income and expenses accounts relating to the financial year. 



_**Christoff Thanapalan  - Treasurer                                                                      T Chrishanthan - President**_ 

Verified by 

_**M Sathananthapotham**_ 

Sam Accountants 




## CHUNDIKULI TRUST FUND ( CTF ) 


**----- Start of picture text -----**<br>
Balance Sheet 2020-2021<br>AS AT 31 MARCH 2021<br>Current assets: Notes 2021 2020<br>HSBC Current A/C a,h&(eii) 5,584 1,342<br>HSBC ( Eagle Vision) c 58,819 1<br>HSBC Reserve A/C a & b 146,174 190,092<br>HSBC Other Reserve A/C e(i),f,g &i 11,855 261<br>Nationwide 0 57<br>NatWest -SJC  Account -63010593 - No1  e 4 92<br>NatWest -CGC  Account -62898612 -No2 f 5 5,483<br>NatWest -St John's Fund Account d 306 246<br>NatWest- Members Donation Account  d 6,629 4,765<br>CTF Trust SJC/GCG Saving Accounts (SL) d 33,572 33,888<br>Debtor - CSJPPA 0<br>Debtor - Global Exchange Ltd 0<br>Debtor - Eagle Nest 0 540<br>Debtor - Gift aid Claim  j 24,000 8550<br>Total current assets 286,948 245,317<br>Total assets 286,948 245,317<br>Current liabilities: Notes 2021 2020<br>Deferred Income - Virgin Money-Mrs Surendran 150<br>Eagle Nest Programme 9000<br>Karuna Nilayam Kilinochchi Fund 705<br>Total current liabilities 0 9855<br>Total liabilities  0 9,855<br>Balance 286,948 235,462<br>Retained Funds 286,948 235,462<br>We approve this accounts which have been prepared form the receipts, payments and accrued<br>income and expenses accounts relating to the financial year.<br>**----- End of picture text -----**<br>


_**Christoff Thanapalan  - Treasurer                                                                            T Chrishanthan - President**_ 

Verified by _**M Sathananthapotham**_ Sam Accountants 




## CHUNDIKULI TRUST FUND ( CTF ) 

## **NOTES TO THE FINANCIAL STATEMENT INCOME & EXPENDITURE  AS AT 31 MARCH 2021** 


**----- Start of picture text -----**<br>
Income £<br>1 CTF Projects Receipts<br>Late Mr.Surendran Fund 9,242<br>Late Mr.Mike Navaratnarajah Fund 215<br>Karuna Nilayam Kilinochchi Fund (Dr.Pararasan Arulanantham) 200<br>Rev.J Gnanponrajah's Retirment Fund 1,000<br>Canaan harvest children girls Orphanage Fund 3,500<br>Carol Service Donation 230<br>CSJPPA Donation 10,000<br>Smart Board - CSJPPA Fund 4,305<br>Red & Black Lockdown Event - CSJPPA Fund 2,990<br>Mr. Ananthan Arnold - Smart board 3,600<br>Johnians 50-60 Group Trust Fund 400<br>Late Mr.K.P. Pooranampillai Memorial Gold Medal (Top up) 500<br>81 Class - SJC Fund 7,000<br>83 Class - SJC Fund 960<br>BUS Project - SJC Fund 7,823<br>Smart Board - SJC Fund 3,000<br>Royce Arasaratnam Gold Medal Fund 500<br>Late Mr. Raj Skandarajah Cricket Fund 2,084<br>Smart Board - CGC Fund (Batch collections) 11,012<br>Sambasivam Memorial Fund 300<br>Hall Renovation - CGC (125th year celebration) 4,444<br>73,305<br>Expenditures £ £<br>2 CTF Projects Payments<br>General projects 13,686<br>Late Mr.Surendran Fund 10,897<br>Late Mr.Mike Navaratnarajah Fund 625<br>Karuna Nilayam Kilinochchi Fund (Dr.Pararasan Arulanantham) 250<br>Rev.J Gnanponrajah's Retirement Fund payments 1,251<br>Carol Service Expenses 408<br>Red & Black Lockdown Event - CSJPPA Expense 255<br>SJC projects 38,725<br>Smart Board - SJC Expenses (CSJPPA & batch donations) 9,337<br>Mr. Ananthan Arnold - Smart board 4,500<br>Johnians 50-60 Group Trust Expenses 1,063<br>Late Mr.K.P. Pooranampillai Memorial Gold Medal (Top up) 625<br>81 Class - SJC Fund Expenses 8,995<br>83 Class - SJC Fund Expenses 1,200<br>BUS Project - SJC Expenses 9,773<br>Royce Arasaratnam Gold Medal Expense  625<br>Late Mr. Raj Skandarajah Cricket Fund 2,607<br>CGC projects 24,234<br>Smart Board - CGC Expenses (CSJPPA & batch donations) 21,407<br>Sambasivam Memorial Fund Expense 375<br>CGC - Learning Empowerment unit fund expenses 2,452<br>76,645 76,645<br>**----- End of picture text -----**<br>





## CHUNDIKULI TRUST FUND ( CTF ) 

## **NOTES TO THE FINANCIAL STATEMENTS AS AT 31 MARCH 2021** 

||**Restricted funds**|**£**||
|---|---|---|---|
|**a**|**Eagle Nest Fund - Managed by CTF Trustees**|**18,966**||
||This is a ring-fenced fund with restrictions on the use of the assets. The primary objective of|||
||this fund is to award children in need with scholarships, maintenance allowances,|||
||educational fees, grants, or any other payments to enable the children to progress in their|||
||education. It has been stipulated that this fund cannot be used for any other purposes.|||
|**b**|**Eagle Care Fund - Managed by CTF Trustees**|**128,000**||
||This a ring-fenced fund with restrictions on the use of the assets. The primary objective of|||
||this fund is described in the Eagle Care trust fund deed. For instance, for the provision of|||
||financial assistance to children with medical needs, special needs, and other mental health|||
||issues; for the advancement of education for children at the school and higher education,|||
||especially for children from the northern and eastern provinces of Sri Lanka.|||
|**c**|**Eagle Vision - Robert Williams Memorial Bicentennial Block Individual Donations**|**58,819**||
||This a ring-fenced and semi-restricted fund.|||
||**Semi restricted funds**|||
|**d**|**CTF Base Fund - Managed by CTF Trustees**|**40,507**||
||This is a restricted fund. The sole beneficiaries of the fund are CHUNDIKULI GIRLS’|||
||COLLEGE (CGC) and ST JOHNS COLLEGE (SJC). Both CGC and SJC will have equal|||
||share of this fund. For the first five years ending 2023, all the interest earnings will be re-|||
||invested back into the fund. At the end of the five years, the CTF trustees will decide how|||
||much of the interest income earned in the 5 years’ will be used for improvement of|||
||educational facilities at the schools or reinvest the interest earnings back to the fund for|||
||another five years. The detailed objective of this fund is described in CTF's base fund trust|||
||deed. Value of fund on 31st of March 2020 was RS 7,485,395 /= and the value on 31st|||
||March 2021 was RS 8,057,279 /=.|||
|**e (i) **|**SJC Fund - Managed by CSJPPA UK & SJC**||**92**|
|**e (ii) **|**SJC Fund - Managed by CSJPPA UK & SJC (DD Money)**||**1,300**|
|**f**|**CGC Fund - Managed by CSJPPA UK & CGC**||**4,586**|
|**g**|**Red & Black Lockdown Event - CSJPPA Fund**||**2,734**|
|**h**|**Canaan harvest children girls Orphanage Fund**||**3,500**|
|**i**|**CGC Hall Renovation**||**4,444**|
|**j**|**Gift aid Claim**|**24,000**||
||**Total restricted & semi restricted funds**|**286,948**||