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‘awi‘Sait fiH C hundikuli - Registered Charity in England & Wales ® no: 1009205 CSJPPA & CTF C S hundikuli t J ohn's P T ast rust P upils Fund A ssociation ets)a-Sey
“Forward” “Lux In Tenebris l ucet”
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Chundikuli Trust Fund (CTF) Registered Charity 1009205 Accounts Year Ended 31 March 2024
Contents Information sheet Accounts Report Balance sheet Income and Expenses stament Notes to accounts
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## **PROJECTS & FUNDS 2022/23 & 2023/24**
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7
**SECTION I 2022/23**
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## **CGC & SJC**
|**Contents**|
|---|
|CGC & SJC .............................................................................................................................. 10|
|EAGLE NEST ......................................................................................................................... 11|
|Eagle Nest -Students Sponsorship Programme........................................................................ 12|
|Dr.Gunam Kanagaratnam Fund for Christian Studies SJC and CGC ..................................... 13|
|Improvement of Educational Facilities
CGC & SJC ............................................................ 14|
|........................................................................................................... 15|
|Thanapalan Memorial Sports Fund .......................................................................................... 16|
|PPA UK University Best Student Cash Award & Scholarship Fund**Error! Bookmark not defined.**|
|CSJPPA Fund, UK ................................................................................................................... 17|
|Dr. Sabapathy Sivayoham & Dr. Mrs. Indra Sivayoham Endowment Fund ........................... 17|
|Appacutty Sabapathy & Nagamma Sabapathy Endowment Fund .......................................... 18|
|Raj Skandarajah Memorial Cricket Award Fund ..................................................................... 18|
|Mr. A. Ratnasingam Memorial Fund ....................................................................................... 19|
|K. Pooranampillai & Peace Pooranampillai Gold Medal Fund ............................................... 19|
|K. Pooranampillai Prize Fund/ Scholarship Fund.................................................................... 19|
|J R Gnanapragasam Memorial Prize Fund .............................................................................. 20|
|Dr. Royce Arasaratnam Gold Medal Fund .............................................................................. 20|
|Solomons, Surendran Tharmalingams & Prince S. Solomons Memorial Fund ...................... 21|
|Mr. Sivanantharajah Alagarajah Prize Fund ............................................................................ 21|
|UK Old Student Needy Children Fund .................................................................................... 21|
|Laboratory Equipment Fund .................................................................................................... 22|
|Educational Support Fund........................................................................................................ 22|
|Endowment & Trust Funds - Insufficient Interest ................................................................... 24|
|....................................................................................... 25|
|PPA (U.K) Scholarship Fund ................................................................................................... 26|
|Flora Solomon Memorial Fund ................................................................................................ 26|
|Old Girls UK Academic Scholarship Fund ............................................................................. 26|
|Mr. SivanantharajahAlagarajah Prize Funds ........................................................................... 26|
|Dr. K. Jeyabalan Prize Fund .................................................................................................... 27|
|Velupillai Sambasivam Memorial Prize Fund ........................................................................ 27|
|Lily and Robert Jesudason Merit Scholarship Fund ................................................................ 28|
|University student award Chundikuli Girls College ................................................................ 28|
|EAGLE CARE ......................................................................................................................... 29|
|Dr.G.R.Handy & Mr.John Roy Fussey Memorial Scholarship Fund ...................................... 30|
|Agriculture Programme ........................................................................................................... 30|
|Learning Empowerment Fund ................................................................................................. 31|
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## **EAGLE NEST**
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Eagle Nest -Students Sponsorship Programme
Description The scholarship/ sponsorship programme, had been initiated in 2009 supported 95
school children, university students, College of Education and College of Technology
students including visually challenged students in 2022. The sponsorship packages are
of the following types:
1. Committed Sponsors for fixed number of years (From 20,000.00 to 180,000.00
Rupees Per Year)
2. By Endowment Funds the interest will be utilized, throughout, to offer
scholarships (Beneficiaries will be selected one after the other)
3. IDP General Fund
Money received From CTF, UK Rs. 519,811.76
in 2022 Eagle Nest FD closed incom e Rs.1,231,563.76
(01.01.2022-
31.12.2022)
Project status students were supported financially by this programme in 2022 as follow;
update 12 Students (Total Expenses Rs.929,900/-)
(01.01.2022- Chundikuli Girls College 10 (Total Expenses Rs.312,327/-)
31.12.2022) Administration Expenses Rs.335,000/-
(Balance money will be utilized in 2023).
* University student sponsorship has stopped from February 2021.
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Dr.Gunam Kanagaratnam Fund for Christian Studies SJC and CGC
Description Christian Studies SJC and CGC
Fund 2008,2009,2010,2011, 2017 & 2018
Transfer
Date
Money Rs.211,466.00 in 2008
received Rs.1,331,785.39 in 2009
Rs.1,020,727.99 in 2010
Rs.1,809,374.00 in 2011
Rs. 567,000.00 in 2017
Rs. 560,015.00 in 2018
Trust fund January 2009
created
date
Interest Rs. 473,296.00
received in
2022
Current Rs. 5,724,950.00
capital
As at
30.09.2022
Project
Status Current Capital, invested with the trustees.
update from SJC College** College and Chundikuli
Receipts Rs. Rs.
Balance money carried forward from 2021 279,825.18
Trust Interest 2022 473,296.00 753,121.18
Expenses
Easter Bhajan 2022 72,450.00
Festival of Carols SJC & CGC- 2022 96,084.80
SJC & CGC Carol Service 2022 208,637.00 (377,171.80)
Balance available 375,949.38
The balance money will be kept for future payments.
Due to the high interest rate in 2022 we were able to earn best interest although current interest
money.
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## **Improvement of Educational Facilities CGC & SJC**
Description 100% of the earning interest of this trust should be added to the capital for the period of the first five years (up to 2023). At the end of the five-year period the Chundikuli Trust Fund trustees will decide how much of the income will be used for improvement of educational facilities at each institution. Initial Amount Rs.6,630,000.00 Trust fund created 15.01.2019 Date Capital Amount as at Rs. 9,128,180.00 30.9.2022 Project status update Details discussed with the president, CTF, UK, awaiting for the reply, CTF, UK. from SJC
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Thanapalan Memorial Sports Fund
Description Rs.1,500,000.00 : deposited in 2009
Rs.810,866.45: deposited in 2011 in a bank in Jaffna and the interest partially
Total Money Received 2,310,866.45
in SL Rs.
F.D created History 05 [th] August 2011 - Rs.810,866.45
30 [th] April 2014 Rs. 1,500,000.00
Interest received in Rs.104,657/-
2023
Current capital Rs. 2,310,866.45 (in Dec 2022)
Project Status Update from SJC Interest partially utilized for the sports activities. Total Sports Expenditure - 2022 Rs. 7,284,197
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|**PPAUK **|**University Student Cash Award & Scholarship Fund**|
|---|---|
|Description|University Student Scholarship, donated by PPA UK in 2008 through annual
contributions.|
|Trust fund created|January 2009|
|Money received in 2022|Rs.188,340.00|
|Interest received in 2022|Rs. 12,087.00|
|Current capital as at
30.09.2022
|Rs.0146,203.00
|
|Project Status updatefrom
SJC|Yet to be confirmed (To be awarded at the 2023 prize giving)
Beneficiaries in 2022
Beneficiaries based on G.C.E A/L Results 2020
P.Elshan Denushan Rs.10, 000.00
A.Anoshigan Rs. 10,000.00
S.Thanikan Rs. 10,000.00
Beneficiaries in based on G.C.E A/L Results 2021
S. Prashanth Rs. 10,000.00
J. Dinoshan Rs. 10,000.00
S. Thabendra Rs. 10,000.00
*Please refer the Accounts Summary dated 30.06. 2022|
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Appacutty Sabapathy & Nagamma Sabapathy Endowment Fund
Description Appacutty Sabapathy & Nagamma Sabapathy Endowment Fund donated by
Dr. Sabapathy Sivayoham & Dr.Mrs. Indra Sivayoham to provide scholarship
for needy children
Money received Rs. 645,613.00 (Trust fund)
Rs.74,494.00 (in 2013)
Trust fund created on September 2013
Interest received in Rs.62,723.00
2022
Current capital as at Rs.758,684.00
30.09.2022
Project status update Beneficiary: Isainilavan Mathusan Gr.SPVI C in 2021 Rs.100,800.00
from SJC Sellakumar Nivethan, Gr SPVI H in 2022 Rs.41,500.00
* - Dr. Sabapathy Sivayoham & Dr. Mrs. Indra Sivayoham Endowment Fund
Appacutty Sabapathy & Nagamma Sabapathy Endowment Fund
Interest is utilized for the above students.
Balance Interest has been equally distributed among both capitals.
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Raj Skandarajah Memorial Cricket Award Fund
Description The interest has to be utilised to provide award for the best cricketer of the
under 20 cricket team
Money received Rs.664,785.00
Trust fund created December 2020
date Created amount Rs.634,785.00
Interest received in Rs.53,213.00
2022
Current capital as at Rs.643,663.00
30.09.2022
Project status update Yet to be confirmed & Interest to be added with the capital
from SJC
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||**CSJPPA Fund, UK**|
|---|---|
|Description
S|
tudent Scholarship Fund for needy children, donated by CSJPPA, UK in 2011|
|Trust fund created
date
2|011|
|Money Received
B
M|alance in January 2009 : Rs. 707,114.00
oney received from Mr.E.Srikaran, through CTF, UK: Rs.876,000.00 in 2019|
|Interest received in
2022
R|s. 134,600.00|
|Current capital as at
30.09.2022
R
|s. 1,628,118.00|
|Project status
updatefrom SJC
B
*|eneficiaries: 1) L.R. Vithursan, Grade 7A
Rs.35,700.00
2) P.Tharsanan, Grade 11C in 2022
Rs.37,800.00
3) M.Nishan, Grade LVI C in 2022
Rs 44,550.00
4) S. Kajoornan Grade UPVI C in 2022
Rs 12,850.00
5) S. Nirojan Grade UPVI C in 2022
Rs 13,600.00
Overspent money will be adjusted in next year|
|**Dr. Sabapathy Sivayoham & Dr. **|**Mrs. Indra Sivayoham Endowment Fund**|
|---|---|
|Description|Trust Fund
to provide a scholarship for needy
children|
|Money received|Rs. 645,613.00 (Trust fund)
Rs.74,494.00 (For 2013)|
|Trust fund Created on|September 2013|
|Interest received in 2022|Rs.62,723.00|
|Current capital as at 30.09.2022
|Rs.758,684.00
|
|Project status updatefrom SJC|Beneficiary: Isainilavan Mathusan Gr.SPVI C in 2021
Rs.100,800.00
Sellakumar Nivethan, Gr SPVI H in 2022
Rs.41,500.00|
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Mr. A. Ratnasingam Memorial Fund
Description Trust Fund for Mr. A. Ratnasingam memorial prize
for the best cricketer under 15 every year.
Trust fund created date August 2007
Money received Rs.55,000.00
Interest received in Rs. 4,851.00
2022
Current capital as at Rs. 58,692.00
30.09.2022
Project status update Beneficiary: Mast A. Abishek
from SJC
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|**K. Poo**
Description
Trust fund created
date
Money received
Interest received in
2022
Current capital as at
30.09.2022
Project status update
from SJC|**ranampillai & Peace Pooranampillai Gold Medal Fund**
The interest will be utilized for Collee Level Enlish Creative Writin
Gold|
|---|---|
||g g g
medal award
In 2002|
||Rs.154,875.00|
||
Rs.42,681.00|
||Rs.516,267.00|
||Beneficiaries:
2019: M. Mithulan
2020: N.S. Sahiththyan
2021: S. Menan|
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K. Pooranampillai Prize Fund/ Scholarship Fund
Description The interest
Initial Deposit Rs.80,000.00
Trust fund created in 2002
Interest received in Rs.64,439.00
2022
Current capital as at Rs.779,451.00
30.09.2022
Project status update Beneficiary: Roman Anushanth LVI Commerce
from SJC Ravindran Delishon UPVI Commerce
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**Solomons, Surendran Tharmalingams & Prince S. Solomons Memorial Fund**
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J R Gnanapragasam Memorial Prize Fund
Description The interest
Initial Deposit Rs. 50,000.00
Trust fund created on 2015
Interest received in Rs.7,595.00
2022
Current capital as at Rs.54,526.00
30.09.2022
Project status update Beneficiary: Peto House
from SJC
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Dr. Royce Arasaratnam Gold Medal Fund
Description The interest has to be utilized to Gold Medal award for the Senior Prefect
Leader Ship
Money received Rs.149,061.00 in 2020 & Rs.250,000.00 in 2022
Trust fund created date 25.07.2015
Created amount Rs.250,000.00
Interest received as at Rs.33,825.00
30.09.2022
Current capital as at Rs.439,622.00
30.09.2022
Project status update Beneficiaries:
from SJC 2019: C. Kuhananth
2020: D.R. David Livingstone
2021: M. Mithulan
*
donation covered this expenses & balance money Rs.35,495.00 added with the
capital in 2022.
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Laboratory Equipment Fund
Description Purchase equipments for the Advanced Level Bio System Technology
Laboratory
Money received Rs 766,500/- (in 2019)
Project status update Purchased Boscii Professional optical level for Rs 114,000/-. The balance
from SJC money (Rs. 652,500.00) is being kept for future usage due to the restriction of
importing certain items imposed by the government.
Support staff Fund
Description To give financial support to the support staff during the economic crisis in the
country.
Fund collection in Rs 841,826.50
2022
Project status update The funds distributed to the 29 staff in four months instalments.
from SJC
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Description Solomons, Surendran Tharmalingams & Prince S. Solomons Memorial Prize
to be utilised for Information & Communication
Technology
Money Received in SL RS/= Rs.34,854.00 each
Interest Received Rs.2,956.00 each
Current Capital as at Rs.35,762.00 each
30.09.2022
Project Status update Beneficiaries: K. Abishan LVI J
from SJC S. Sastikan - UPVIJ
N. Kurushankar - SPVI J
V. Harish Kiruba - SPVI J
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|||
|---|---|
||**Mr. Sivanantharajah Alagarajah Prize Fund**|
|Description|Mr. Sivanantharajah Alagarajah Prize Fund, invested with the Trustees, donated
by Mr. Sivanantharajah Alagarajah in memory of Mr. Sivanantharajah Mohanraj
to award prizes for the Best Tamil Verse Writers from grades 11, LVI & UPVI|
|Fund Transfer Date|Rs.97,425.00(Rs.7,425 utilized for 2014prizegiving)|
|Trust fund created date|May2014|
|Interest received in
2022|Rs.8,050.00|
|Current capital as at
30.09.2022|Rs.97,378.00|
|Project status update|Competition has postponed to April 2023 due to the term exam.|
|from SJC||
|
|**UK Old Student Needy Children Fund**
|
|---|---|
|Description
Money received
|heinterest hasto be utilisedfor theneedy child
Rs.570,079.00|
|Trust fund created
date
|In 2019|
|Interest received in
2022
|Rs.89,945.00|
|Current capital as at
30.09.2022
|Rs.1,087,964.00
|
|Project status update
from SJC
|Beneficiary: Jugin Dirojan, UPVI E
Hosteller
Annual Expenses
Rs.145,350.00
*Over spent money will be adjusted in next year.|
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Staff Welfare Fund
Description To purchase bicentennial dinner tickets for present and retired staff.
Fund collection in Rs 2,748,845.00
2023
Project update from Purchased 190 tickets at the rate of Rs. 6,000. Total expense is Rs 1,140,000.00
SJC and the balance fund Rs.1,608,845.00 is being kept at the staff welfare fund.
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|||
|---|---|
||**Dr. Gunam Kanagaratnam Garden Fund**|
|Description
|To modify front Library Garden|
|Fund Received in 2020
Fund Received in 2022
|Rs 233,770/-
Rs.164,250/-|
|Project statusfrom SJC
|Fund will be utilised for maintenance of the front library garden|
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Educational Support Fund
Description Support hostel fees for Two Students
Money received Rs 219,000 (in 2019)
Cost Incurred Rs 84,000 in 2019, Rs 43,300 in 2020 , Rs.35,000 in 2021
Project status update Beneficiary: Mas T Vinojan (Completed in 2022)
from SJC Balance Money Rs 56,700 is being kept in College and will be
utilized in the future.
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## **Cricket Sponsorship**
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Description Annual Battle of the North Sponsorship which was held on 9 [th] March 2023 to
11 [th] March 2023.
Fund collection in Rs 2,911,987.50
2023
Project status update Total Expenses: 2,895,565.00 for Annual Battle of the North which was held on
from SJC 9 [th] March 2023 to 11 [th]
account.
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## **Endowment & Trust Funds - Insufficient Interest**
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interest alone is not sufficient to cover the bursary of
a student. Therefore, the cumulative interest received from the following trust funds are utilized to
award bursaries for the following students.
1) Jeyarathna Gevinthu Gr 5 34,950.00
2) Dunstan Meshach Gr 7 35,700.00
3) Suginthan Kirushanth Gr 8 36,750.00
No. Name of the Initial Deposit Interest earned Current Capital
Endowment Fund on 2022
1. Dr.G.R. Handy 200,000.00 21,110.00 255,348.00
Memorial Scholarship
2. S. Gopalapillai 65,054.00 6,523.00 78,900.00
Memorial Scholarship
Fund
3. Rasamma Gopalapillai 65,054.00 6,523.00 78,900.00
Memorial Scholarship
Fund
4. Dr. A. Mahedrarajah 80,000.00 15,093.00 182,567.00
Trust Fund
5. Nagalingam 152,330.00 16,994.00 205,576.00
Prabakaran Memorial
Fund
6. Mr. & Mrs. Jeyarajah 20,000.00 1,857.00 22,464.00
Endowment Fund
7. John Alex Needy 17,650.00 1,625.00 19,668.00
Children Scholarship
Fund
8. Samuel Thambiah 10,000.00 934.00 11,302.00
Memorial Fund
9. Dinesh Abraham 200,000.00 18,458.00 223,265.00
Memorial Needy
Children Fund
10. Thevathason 229,000.00 20,813.00 251,757.00
Memorial Fund
11. J T Chelliah Prize 50,000.00 4,851.00 58,692.00
Fund
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## **COLLEGE**
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## **ENDOWMENT FUNDS**
||**PPA (U.K) Scholarship Fund**|
|---|---|
|Description
Fund Transfer Date
|Startedin 2006/2007
cholarshi fund
Rs5000000 (2006/2007)|
|
Money Send in £
-|p
.,.
|
|Money Received in SL
RS/=
|Rs.50,000.00|
|Project History
I|nterest used to sponsor a student (Term fees only)|
|Status update from CGC
I
l|Capital: Rs.55,387.50 (F.D)
nterest earned is not sufficient to cover the school fee. Hence it has been
eft to accumulate with the capital.|
||middle school, upper school and advanced level.|
|---|---|
|Fund Transfer Date|April 2014|
|Money Send in £|
£ 450|
|Money Received in SL Rs.|Rs.97,425.00|
|Project History|Rs. 90,000.00 placed in a trust fund.Interest from trust fund is
transferred to the Prize fund|
|Project status update from
CGC|.
Capital: Rs.97,963.00
Recipients (2023 Prize Giving):
Middle School: Jayanika Janakakumar
Upper School: Sigana Silvester
Advanced Level: Manasvini Rajkumar|
## **Dr. K. Jeyabalan Prize Fund**
## **Flora Solomon Memorial Fund**
|**Flora Solomon Memorial Fund**|**Flora Solomon Memorial Fund**|
|---|---|
|Description
I|Prize fund donated by her Grandson Mr. Chrishanthan Solomon for
nformation & Communication Technology (Grade 10)|
|Fund Transfer Date
2|006|
|Money Send in £
£|250|
|Money Received in SL
RS/=
|Rs. 49,673.20|
|Project History
|Placed in a fixed deposit. Interest transferred to the prize fund|
|Status update from CGC
|Present Capital: Rs. 50,000 (F.D)
Recipient: Theepika Paranitharan (2023 Prize Giving)|
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Old Girls UK Academic Scholarship Fund
Description Academic scholarship fund donated by the old girls in UK to award a
scholarship to a needy student who performs well academically.
Fund Transfer Date April 2015
Money Sent in £ £ 1,500
Money Received in SL Rs. Rs. 307,500.00
Project History Capital invested with Incorporated Trustees. Interest transferred to
scholarship fund.
Project status update from Capital: Rs.323,501.00
CGC Beneficiary: Kavishalini Arulseelan ( Grade 8)
Mr. SivanantharajahAlagarajah Prize Funds
Description Mrs. Soundararanee Sivanantharajah memorial prizes donated by Mr.
Sivanantharajah Alagarajah for the best Tamil verse writers from
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Description Mrs. Jeyasingam Memorial Fund for Prize for Grade 10 Commerce and
Accounting
Fund Transfer Date 15.07.2009
Money Send in £ -
Money Received in SL Rs. 25,000/-
Rs.
Project History Placed in a fixed deposit. Interest transferred to the prize fund.
Status update from CGC
Current Capital: Rs 25,000/-
Recipient: Rashika Kumarasingam (2023 Prize Giving)
Velupillai Sambasivam Memorial Prize Fund
Description Prize donated by his children Meera Gowripalann, Vani Srikumar, Uma
Logenthiran. & Sambasivam SriSenthan for Tamil essay writing -grade 12.
Fund Transfer Date 15.10.2020
Money Send in £
Money Received in Rs. 89,175.00
SL Rs.
Project History Rs. 86,953.00 invested with the trustees.
Project status update Capital: 88,431.00
from CGC Recipient: Thamiya Kirubakaran (2023 Prize Giving)
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27
28
29
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Lily and Robert Jesudason Merit Scholarship Fund
Description Academic scholarship fund donated by Jesudason to award a scholarship to
a needy student who performs well academically.
Fund Transfer Date April 2015
Money Send in £ £ 1,500
Money Received in Rs. 307,500.00
SL Rs.
Project History Capital invested with Incorporated Trustees. Interest transferred to award a
scholarship.
Project status update Capital: Rs.322,251.00
from CGC Beneficiary: Archaya Mohandas ( Grade 8)
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## **SPECIAL FUNDS**
**University student award Chundikuli Girls College**
|**University student award Chundikuli Girls College**|**University student award Chundikuli Girls College**|
|---|---|
|Description|Gold medals awarded to the best student entering the Faculty of Management
from the Commerce Stream &the best student entering to the Faculty of Arts /
Law from the Arts stream.|
|Fund Transfer Date||
|Money Send in £|-|
|Money Received in
SL Rs.|2023: Yet to be received|
|Project status update
from CGC|Recipients: Thenuja Judeson Sakthijeevan & Ahrapy Arivalzahan (2023 Prize
Giving)|
## **EAGLE CARE**
## **CGC**
## **SJC**
## **Dr.G.R.Handy & Mr.John Roy Fussey Memorial Scholarship Fund**
|**Dr.G.R.Handy & Mr.John Roy Fussey Memorial Scholarship Fund**
|**Dr.G.R.Handy & Mr.John Roy Fussey Memorial Scholarship Fund**
|
|---|---|
|Description
Initial Amount|through which scholarships will be provided for needy, academic merit students.
Rs549776700|
|
Additions in 2020
Trust fund created date
|.,,.
Rs.82,984.00(Balance from the Interest)
15.01.2019
|
|Interest received in
2022|Rs. 533,235.00|
|Current capital as at
30.09.2022
|Rs. 6,494,314.00
|
|Project status update
from SJC|Beneficiaries: E. Aksayan 9E in 2022
Rs. 36,750.00
S. Shrisuwatikan 9 E in 2022
Rs. 36,750.00
Proposal has been forwarded to the President, CTF, UK.|
## **Agriculture Programme**
|**Agriculture Programme**|**Agriculture Programme**|
|---|---|
|Description|
The primary purpose of the project was to educate the students on agricultural
science and as it is related to the syllabus, the project provides practical
knowledge and farming experience for the agriculture students.|
|Initial Amount|Rs.219,830.00|
|Trust fund created
Date|15.01.2019|
|Interest received in
2022|Rs.18,795.00|
|Current Capital
Amount as at
30.09.2022|Rs.22,330.00|
|Project status update
from SJC|To earn profit to cover the initial cost spent on materials and also to create a
green environment within our school premises and to gain the knowledge about
the uses, importance and the way of growing of herbal plants in our
environment.
Mushroom cultivation, Plant nursery and poultry projects are ongoing and the
income from sales reinvested in these projects. From the last batch 11.5 kg
Mushroom & 400 kg vegetables (Pumpkin, Tomato, Brinjal & Ladies Fingers)
were harvested, during 2022 , 545.5 kg Fowls and 2,500 saplings & seedlings
were sold.|
|Description|**Learning Empowerment Fund**
Fund to be used by the Learning Empowerment Unit towards the Mental Health|
|---|---|
|
Fund Transfer Date
|
Programme.
02.12.2020|
|MoneySend in £
Money Received in SL
Rs.|Rs. 607,606.00|
|Project History
|Fund received from CTF.
|
|Project status update
from CGC|Transferred to Pass book on 15.12.2020
Expenses: 529,100.00
Balance available: 78,506.00|
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31
Contents
**SECTION II 2023/24**
32
|SJC & CGC .............................................................................................................................. 34|
|---|
|EAGLE NEST ......................................................................................................................... 35|
|Eagle Nest -Students Sponsorship Programme........................................................................ 36|
|Dr.Gunam Kanagaratnam Fund for Christian Studies - SJC and CGC ................................... 37|
|Improvement of Educational Facilities
~~S~~JC & CGC ............................................................ 38|
|........................................................................................................... 39|
|Thanapalan Memorial Sports Fund .......................................................................................... 40|
|PPA UK University Best Student Cash Award & Scholarship Fund ...................................... 40|
|CSJPPA Fund, UK ................................................................................................................... 41|
|Dr. Sabapathy Sivayoham & Dr. Mrs. Indra Sivayoham Endowment Fund ........................... 42|
|Appacutty Sabapathy & Nagamma Sabapathy Endowment Fund .......................................... 42|
|Raj Skandarajah Memorial Cricket Award Fund ..................................................................... 43|
|Mr. A. Ratnasingam Memorial Fund ....................................................................................... 43|
|K. Pooranampillai & Peace Pooranampillai Gold Medal Fund ............................................... 43|
|K. Pooranampillai Prize Fund/ Scholarship Fund.................................................................... 44|
|J R Gnanapragasam Memorial Prize Fund .............................................................................. 44|
|Solomons, Surendran Tharmalingam & Prince S. Solomons Memorial Fund ........................ 44|
|Dr. Royce Arasaratnam Gold Medal Fund .............................................................................. 45|
|Mr. Sivanantharajah Alagarajah Prize Fund ............................................................................ 45|
|UK Old Student Needy Children Fund .................................................................................... 46|
|Laboratory Equipment Fund .................................................................................................... 46|
|Educational Support Fund........................................................................................................ 46|
|Staff Welfare Fund ................................................................................................................... 16|
|Endowment & Trust Funds - Insufficient Interest ................................................................... 48|
|....................................................................................... 49|
|PPA (U.K) Scholarship Fund ................................................................................................... 50|
|Flora Solomon Memorial Fund ................................................................................................ 50|
|Mr. Sivanantharajah Alagarajah Prize Funds .......................................................................... 50|
|Lily and Robert Jesudason Merit Scholarship Fund ................................................................ 51|
|Dr. K. Jeyabalan Prize Fund .................................................................................................... 51|
|Old Girls UK Academic Scholarship Fund ............................................................................. 51|
|Velupillai Sambasivam Memorial Prize Fund ........................................................................ 52|
|University student award Chundikuli Girls College ................................................................ 52|
|EAGLE CARE ......................................................................................................................... 53|
|Dr.G.R.Handy & Mr.John Roy Fussey Memorial Scholarship Fund ...................................... 54|
|Agriculture Programme ........................................................................................................... 54|
|Learning Empowerment Fund ................................................................................................. 55|
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33
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## **SJC & CGC**
## **EAGLE NEST**
34
35
36
37
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Eagle Nest -Students Sponsorship Programme
Description The scholarship/ sponsorship programme, initiated in 2009 had been supported 95
school children, university students, College of Education and College of Technology
students including visually challenged students in 2023. The sponsorship packages are
of the following types:
1. Committed Sponsors for fixed number of years (From 20,000.00 to 180,000.00
Rupees Per Year)
2. By Endowment Funds the interest will be utilized, throughout, to offer
scholarships (Beneficiaries will be selected one after the other)
3. IDP General Fund
Money received Rs.3,229,422.00
in 2023
(01.01.2023-
31.12.2023)
Project status students were supported financially by this programme in 2023 as follow;
update 16 Students (Total Expenses Rs.1,601,500/-)
(01.01.2023- Chundikuli Girls College 10 (Total Expenses Rs.807,180/-)
31.12.2023) University / College of Education & Tertiary Education including three visually
challenged students -
Extra classes Expenses for hostelers Rs. 34,200/-
Administration Expenses Rs.501,881.75
Balance money will be utilized from 01.01. 2024.
* University student sponsorship has stopped from February 2021 & restarted in
October 2023.
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**Improvement of Educational Facilities** ~~**S**~~ **JC & CGC** Description 100% of the earning interest of this trust should be added to the capital for the period of the first five years (up to 2023). At the end of the five-years period the Chundikuli Trust Fund trustees will decide how much of the income will be used for improvement of educational facilities at each institution. Initial Amount Rs.6,630,000.00 Trust fund created 15.01.2019 Date Capital Amount as at Rs. 9,933,950.00 30.9.2023 Project status update Details discussed with the President & Trustees, CTF, UK, awaiting for the from SJC reply.
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Dr.Gunam Kanagaratnam Fund for Christian Studies - SJC and CGC
Description Christian Studies SJC and CGC
Fund Transfer Date 2008,2009,2010,2011, 2017 & 2018
Money received Rs.211,466.00 in 2008
Rs.1,331,785.39 in 2009
Rs.1,020,727.99 in 2010
Rs.1,809,374.00 in 2011
Rs. 567,000.00 in 2017
Rs. 560,015.00 in 2018
Trust fund created date January 2009
Interest received in 2023 Rs. 810,032.00
Current capital Rs. 5,814,953.00
As at 30.09.2023
Project Status update
from SJC Current Capital, invested with the trustees.
Fund utilized for Christian activities of both schools.
Receipts Rs. Rs.
Balance money carried forward from 2022 375,949.38
Trust Interest 2023 810,032.00 1,185,981.38
Expenses
Easter Bhajan 144,800.00
Festival of Carols SJC & CGC 171,830.00
SJC & CGC Carol Service 2023 294,238.00 (610,868.00)
Balance available 575,113.38
The balance money will be kept for future payments.
Due to the high interest rate in 2023 we were able to earn best interest although
current interest rate has been drastically dropped down. This will be adjusted
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38
39
41
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Thanapalan Memorial Sports Fund
Description Rs.1,500,000.00 : deposited in 2009
Rs.810,866.45: deposited in 2011 in a bank in Jaffna and the interest partially
Total Money 2,310,866.45
Received in
SL Rs.
F.D created 05 [th] August 2011 - Rs.810,866.45
History 30 [th] April 2014 Rs. 1,500,000.00
Interest Rs.320,056.55
received in
2023
Current Rs. 2,310,866.45 (in Dec 2023)
capital
Project status Interest partially utilized for the sports activities.
update from Total Sports Expenditure - 2023 Rs. 9,332,533.05
SJC
PPA UK University Best Student Cash Award & Scholarship Fund
Description University Student Scholarship, donated by PPA UK in
2008 through the annual contributions.
Trust fund created January 2009
date
Interest received Rs.27,273.00
in 2023
Current Capital as Rs.332,197/-
on 30.09.2023
Project status Yet to be confirmed (To be awarded at the 2024 prize giving)
update from SJC Beneficiaries in 2022 (Based on the results/ A/L 2022).
S.Nisayeesan -Rs. 10,000.00
K.Tishan Rs. 10,000.00
S.Arththikan Rs. 10,000.00
* Please refer the Account Summary dated 10 [th] July 2023.
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## **CSJPPA Fund, UK**
**----- Start of picture text -----**
Description Student Scholarship Fund for needy children, donated by CSJPPA, UK in
2011
Trust fund created 2011
on
Money Received Balance in January 2009 : Rs. 707,114.00
Money received from Mr.E.Srikaran, through CTF, UK: Rs.876,000.00 in
2019
Interest received in Rs. 232,319.00
2023
Current capital as at Rs. 1,694,631.00
30.09.2023
Project status Interest utilized School Term Fee.
update from SJC Beneficiaries: 1) S.Thian Grade 4A in 2023 Rs 25,300.00
2) L.R. Vithursan, Grade 8A in 2023- Rs.42,000.00
3) P.Tharsanan, Grade LVI E in 2023 Rs.48,300.00
4) S. Kajoornan Grade SPVIC in 2023 Rs.44,250.00
5) S. Nirojan Grade SPVIC in 2023 Rs.44,250.00
* Balance money will be utilized in next year.
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40
|**Dr. Sabapathy**
Dii|**Sivayoham & Dr. Mrs. Indra Sivayoham Endowment Fund**
T Fd
id hlhi f d hild||
|---|---|---|
|escrpton
Money received|rust un
to prove a scoarsp or neey cren
Rs.74,494.00 (For 2013)||
||Rs. 645,613.00 (Trust fund)||
|Trust fund Created on|September 2013||
||||
|Interest received in|Rs.107,347.00||
|2023|||
|Current capital as at
30092023|Rs.770,612.00||
|..
Project status update|Beneficiary: Will be awarded for the year 2024||
|
from SJC|||
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Appacutty Sabapathy & Nagamma Sabapathy Endowment Fund
Description Appacutty Sabapathy & Nagamma Sabapathy Endowment Fund donated by
Dr. Sabapathy Sivayoham & Dr.Mrs. Indra Sivayoham to provide
scholarship for needy children
Money received Rs. 645,613.00 (Trust fund)
Rs.74,494.00 in 2013
Trust fund/ F.D September 2013
created date
Interest received in Rs.107,347.00
2023
Current capital as at Rs.770,612.00
30.09.2023
Project status update Beneficiary: Will be awarded for the year 2024
from SJC * Received Interest had been equally distributed among both capitals.
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Raj Skandarajah Memorial Cricket Award Fund
Description The interest has to be utilised to provide award for the best cricketer of the
under 20 cricket team
Money received Rs.664,785.00
Trust fund created December 2020
date Created amount Rs.634,785.00
Interest received in Rs 91,073.00
2023
Current capital as at Rs.653,783.00
30.09.2023
Project status update Total interest of Rs. 200,970.00 have been added to the capital & will be
from SJC
Mr. A. Ratnasingam Memorial Fund
Description Trust Fund for Mr. A. Ratnasingam memorial
prize for the best Cricketer, Under 15 every year.
Money received Rs.55,000.00
Trust fund/ F.D created August 2007
date
Interest received in Rs. 8,304.00
2023
Current capital as at Rs. 59,615.00
30.09.2023
Project status update Beneficiary: Mast S. Kirshal
from SJC
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|**K. Pooran**
|**ampillai & Peace Pooranampillai Gold Medal Fund**
|
|---|---|
|Description
T
G|he interest has to be utilised for the College Level English Creative Writing
old medal award|
|Initial Deposit
R|s. 80,000.00|
|
Trust fund created
date
I|n 2002|
|||
|Interest received in
2023
R|s.73,047.00|
|||
|Current capital as at
30.09.2023
R|s.524,384.00|
|||
|Project status update
from SJC
B
*|eneficiary: R. N. Selton|
||Accounts statement was forwarded to the Sponsor.|
|||
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K. Pooranampillai Prize Fund/ Scholarship Fund
Description The interest
Initial Deposit Rs.80,000.00
Trust fund created in 2002
Interest received in Rs.110,286.00
2023
Current capital as at Rs.791,705.00
30.09.2023
Project status update Beneficiary: Roman Anushanth LVI Commerce
from SJC Ravindran Delishon UPVI Commerce
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J R Gnanapragasam Memorial Prize Fund
Description The interest
Initial Deposit Rs. 50,000.00
Trust fund created on 2015
Interest received in Rs.7,595.00
2023
Current capital as at Rs.54,526.00
30.09.2023
Project status update Beneficiary: Pargiter house
from SJC
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Solomons, Surendran Tharmalingam & Prince S. Solomons Memorial Fund
Description Solomons, Surendran Tharmalingams & Prince S. Solomons Memorial Prize
to be utilised for Information & Communication
Technology
Money Received in SL RS/= Rs.34,854.00 each
Interest Received 2023 Rs.5,060.00 each
Current Capital as at Rs.36,324.00
30.09. 2023
Project status update Beneficiary: V.Thushanan LVI Technology
from SJC
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UK Old Student Needy Children Fund
Description The interest has to be utilised for the needy child
Money received Rs.570,079.00
Trust fund created in 2019
Interest received in Rs.153,938.00
2023
Current capital as at Rs.1,105,068.00
30.09.2023
Project status update Beneficiary: Jugin Dirojan Hosteller Gr SPVI E in 2023 Rs.193,750.00
from SJC * Overspent money will be adjusted in next year.
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Dr. Royce Arasaratnam Gold Medal Fund
Description The interest has to be utilised to gold medal award for the Senior Prefect Leader
Ship
Money Rs.149,061.00 in 2020 & Rs.250,000.00 in 2022
received
Trust fund 25.07.2015
created date Created amount Rs.250,000.00
Interest Rs. 62,202.00
received as at
30.09.2023
Current capital Rs 446,534.00
as at
30.09.2023
Project status Beneficiary:
update from M.Harain for 2023
SJC * Please refer Accounts statement dated 21 [st] July 2023.
Mr. Sivanantharajah Alagarajah Prize Fund
Description Mr. Sivanantharajah Alagarajah Prize Fund, invested with the Trustees,
donated by Mr. Sivanantharajah Alagarajah in memory of Mr.
Sivanantharajah Mohanraj to award prizes for the Best Tamil verse Writers
from grades 11, LVI & UPVI
Fund Transfer Date Rs.97,425.00 (Rs.7,425 utilized for 2014 prize giving)
Trust fund created in May 2014
Interest received in Rs.13,778.00
2023
Current capital as at Rs.98,124.00
30.09.2023
Project status update Competition has postponed to April 2023 due to the term exam.
from SJC
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Dr. Gunam Kanagaratnam Garden Fund
Description To modify front Library Garden
Fund Received in 2020 Rs 233,770/-
Fund Received in 2022 Rs.164,250/-
Project status Update from Rs.91,670/- utilised for maintenance of the front library garden,
SJC balance money has to be utilized for similar project in future.
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Laboratory Equipment Fund
Description Purchase equipments for the Advanced Level Bio System Technology
Laboratory
Money received Rs 766,500/- (in 2019)
Project status update Rs. 300,000/- had been utilised to purchase Laboratory equipment & balance
from SJC money Rs. 352,500.00 will be utilised for similar project in future.
Educational Support Fund
Description Allocated for the hostel fees for Two needy Students
Money received Rs 219,000 (in 2019)
Cost Incurred Rs 84,000 in 2019, Rs 43,300 in 2020 , Rs.35,000 in 2021
Project status update Beneficiary: Mas T Vinojan (Completed A/L in 2022)
from SJC Balance Money Rs 56,700.00 is being kept in College and will be
utilised in future.
Staff Welfare Fund
Description To purchase bicentennial dinner tickets for present and retired staff.
Fund collection in Rs 2,748,845.00
2023
Project status update Purchased 190 tickets at the rate of Rs. 6,000. Total expense is Rs
from SJC 1,140,000.00 and the balance fund Rs.1,608,845.00 is being kept at the staff
welfare fund.
Rs. 150,000/- contributed to a teacher for his medical requirements.
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46
47
**Endowment & Trust Funds - Insufficient Interest**
48
49
**----- Start of picture text -----**
a student. Therefore, the cumulative interest received from the following trust funds are utilized to
award bursaries for the following students.
1) Jeyarathna Gevinthu Gr 6C 34,950.00
2) Dunstan Meshach Gr 8A 35,700.00
3) Suginthan Kirushanth Gr 9B 36,750.00
4) Nageswaran Kirishan Gr 11B 43,050.00
No. Name of the Initial Deposit Interest earned Current Capital
Endowment Fund on 2023
1. Dr.G.R. Handy 200,000.00 36,130.00 259,362.00
Memorial Scholarship
2. S. Gopalapillai 65,054.00 11,164.00 80,140.00
Memorial Scholarship
Fund
3. Rasamma Gopalapillai 65,054.00 11,164.00 80,140.00
Memorial Scholarship
Fund
4. Dr. A. Mahedrarajah 80,000.00 25,831.00 185,438.00
Trust Fund
5. Nagalingam 152,330.00 29,087.00 208,808.00
Prabakaran Memorial
Fund
6. Mr. & Mrs. Jeyarajah 20,000.00 3,179.00 22,817.00
Endowment Fund
7. John Alex Needy 17,650.00 2,783.00 19,978.00
Children Scholarship
Fund
8. Samuel Thambiah 10,000.00 1,599.00 11,480.00
Memorial Fund
9. Dinesh Abraham 200,000.00 31,590.00 226,775.00
Memorial Needy
Children Fund
10. Thevathason 229,000.00 35,621.00 255,716.00
Memorial Fund
11. J T Chelliah Prize 50,000.00 8,304.00 59,615.00
Fund
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## **ENDOWMENT FUNDS**
**----- Start of picture text -----**
PPA (U.K) Scholarship Fund
Description Started in 2006/2007
Fund Transfer Date Scholarship fund Rs.50,000.00 (2006/2007)
Money Send in £ -
Money Received in SL Rs.50,000.00
Rs.
Project History Interest used to sponsor a student (Term fees only)
Status update from CGC Capital: Rs.64,332.58 (F.D)
Interest earned is not sufficient to cover the school fee. Hence it has been
left to accumulate with the capital.
Flora Solomon Memorial Fund
Description Prize fund donated by her Grandson Mr. Chrishanthan Solomon for
Information & Communication Technology (Grade 10)
Fund Transfer Date 2006
Money Send in £ £ 250
Money Received in SL Rs. 49,673.20
Rs.
Project History Placed in a fixed deposit. Interest transferred to the prize fund
Status update from CGC Present Capital: Rs. 50,000 (F.D)
Recipients: Bhashana Harshan and Jeevika Janakakumar (To be awarded at
the 2024 prize giving)
**----- End of picture text -----**
|**Mr.**|**Sivanantharajah Alagarajah Prize Funds**|
|---|---|
|Description|Mrs. Soundararanee Sivanantharajah memorial prizes donated by Mr.
Sivanantharajah Alagarajah for the best Tamil verse writers from middle
school, upper school and advanced level.|
|Fund Transfer Date|
April 2014|
|Money Send in £|
£ 450|
|Money Received in SL Rs.|Rs.97,425.00|
|
Project History|
Rs. 90,000.00 placed in a trust fund.Interest from trust fund is transferred
to the Prize fund.|
|Project status update from
CGC|Capital: Rs.98,747.00
Recipients: Abarna Guruparan
Diluxshana Selvasukilan
Maashiga Mohanjith
(To be awarded at the 2024 prize giving)|
## **COLLEGE**
**----- Start of picture text -----**
Lily and Robert Jesudason Merit Scholarship Fund
Description Academic scholarship fund donated by Jesudason to award a scholarship to a
needy student who performs well academically.
Fund Transfer Date April 2015
Money Send in £ £ 1,500
Money Received in Rs. 307,500.00
SL Rs.
Project History Capital invested with Incorporated Trustees. Interest transferred to award a
scholarship.
Project status update Capital: Rs.324,829.00
from CGC Beneficiary: Archaya Mohandas ( Grade 9)
Old Girls UK Academic Scholarship Fund
Description Academic scholarship fund donated by the old girls in UK to award a
scholarship to a needy student who performs well academically.
Fund Transfer Date April 2015
Money Sent in £ £ 1,500
Money Received in SL Rs. Rs. 307,500.00
Project History Capital invested with Incorporated Trustees. Interest transferred to
scholarship fund.
Project status update from Capital: Rs.324,829.00
CGC Beneficiary: Kavishalini Arulseelan ( Grade 9)
Dr. K. Jeyabalan Prize Fund
Description Mrs. Jeyasingam Memorial Fund for Prize for Grade 10 Commerce and
Accounting
Fund Transfer Date 15.07.2009
Money Send in £ -
Money Received in SL Rs. 25,000.00
Rs.
Project History Placed in a fixed deposit. Interest transferred to the prize fund.
Status update from CGC Current Capital: Rs 25,000.00
Recipient: Kavipriya Antony Mariathas (To be awarded at the 2024 prize
giving)
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50
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Velupillai Sambasivam Memorial Prize Fund
Description Prize donated by his children Meera Gowripalann, Vani Srikumar, Uma
Logenthiran. & Sambasivam SriSenthan for Tamil essay writing -grade 12.
Fund Transfer Date 15.10.2020
Money Received in Rs. 89,175.00
SL Rs.
Project History Rs. 86,953 invested with the trustees.
Project status update Capital: 89,138.00
from CGC Recipient: Thenuja Thananjayan(To be awarded at the 2024 prize giving)
**----- End of picture text -----**
## **SPECIAL FUNDS**
**----- Start of picture text -----**
University student award Chundikuli Girls College
Description Gold medals awarded to the best student entering the Faculty of Management
from the Commerce Stream &the best student entering to the Faculty of Arts /
Law from the Arts stream.
Fund Transfer Date 26 [th] June,2023
2024: Yet to be received
Money Send in £ 2023: 215
Money Received in 2023: 83,104.00
SL Rs.
Project status update Recipients: Arts Stream: Logika Annamalai
from CGC Commerce Stream: Ann Dinuja Jeyakumar
(To be awarded at the 2024 prize giving)
**----- End of picture text -----**
## **EAGLE CARE**
52
## **SJC**
**----- Start of picture text -----**
Dr.G.R.Handy & Mr.John Roy Fussey Memorial Scholarship Fund
Description
through which scholarships will be provided for needy, academic merit students.
Initial Amount Additions in 2020 Rs.5Rs.82,497,984.00 ,767.00 (Balance from the Interest)
Trust fund created date 15.01.2019
Interest received in Rs. 970,627.00
2023
Current capital as at Rs. 7,061,897.00
30.09.2023
Project status update Beneficiaries: E. Aksayan 10F in 2022 Rs. 43,400.00
from SJC S. Shrisuwatikan 10E in 2022 Rs. 43,400.00
Proposal has forwarded to the President, CTF, UK previously & awaiting
response from CTF, UK
**----- End of picture text -----**
|Interest received in
2023
Current capital as at
30.09.2023
|Rs. 970,627.00
Rs. 7,061,897.00
|
|---|---|
|Project status update
from SJC|Beneficiaries: E. Aksayan 10F in 2022
Rs. 43,400.00
S. Shrisuwatikan 10E in 2022
Rs. 43,400.00
Proposal has forwarded to the President, CTF, UK previously & awaiting
response from CTF, UK|
|||
||**Agriculture Programme**|
|Description|The primary purpose of the project was to educate the students on agricultural
science and as it is related to the syllabus, the project provides practical
knowledge and farming experience for the agriculture students.|
|Initial Amount|Rs.219,830.00|
|Trust fund created
Date|15.01.2019|
|Interest received in
2023|Rs.32,165.00|
|Current Capital
Amount as at
30.09.2023|Rs.230,904.00|
|Project status update
from SJC|To earn profit to cover the initial cost spent on materials and also to create a
green environment within our school premises and to gain the knowledge about
the uses, importance and the way of growing of herbal plants in our
environment.
Mushroom cultivation, Plant Nursery and poultry projects are ongoing and the
income from sales reinvested in these projects. From the last batch 35kg
Mushroom harvested, during 2023 , 1000 Nos Eggs, 1,393 kg Fowls, Vegetables
500kg (Pumpkin, Brinjal, Ladies Finger, Tomato, Drumstick, Capsicum, etc.)
and 3,000 Saplings & Seedlings were sold.|
## **CGC**
|Description|**Learning Empowerment**Fund|
|---|---|
||
Fund to be used by the Learning Empowerment Unit towards the Mental Health|
||
Programme.|
|Fund Transfer Date|02.12.2020|
|MoneySend in £||
|Money Received in SL
RS/=|Rs. 607,606.00|
|Project History|Fund received from CTF.|
|Project status update
from CGC|Transferred to Passbook on 15.12.2020
Expenses: 551,735.00
Balance available: 55,871.00|
54
55
## **CTF**
1, Beauchamp Court, 10 Victors way, Barnet, EN5 5TZ Registered Charity in England & Wales ® no: 1009205 Established in 1985
Web: www.csjppa-uk.org Email: csjppa@gmail.com
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