Anglo-lndian Concem
UNAUDITED ACCOUNTS FOR THE YEAR ENDING 31 DECEMBER
2024
Charity Registration Number 1015136

Anglo-lndian Concern
Contents
Page number
Trustees report
Statement of Trustees, Responsibilities
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
10-11

AnElo-Indian Concern
Charity number 1015136
Trustees Report for the year ended 31 December 2024
Structure governance and management
Trustees
The Trustees of the charity at 31 December 2024 were
Jude Lechmere (Chair)
Rachel Thurley
Sarah Thurley
Roz Brench
Kirsten Masson
Dr Suzanne Hamilton
Matthew Gunton
Trust Deed and objerts
Anglo-lndian Concern (AIC) is an unincorporated charitable trust created by Trust Deed dated 8
October 1992. The objects of the trust are the relief of poverty and sickness, the advancement of
education and religion, relief for the elderly, in India.
Management
The trust is managed on a day to day basis by the Trustees in the UK and in conjunction wtth a
charity in India called The Vine Charitable Trust (vcr). Any vacancy in the office of Trustee would be
filled in accordance with the provisions of the Trust Deed.
Training for new trustees is reviewed as appropriate on each appointment.
Principal address
GBC Centre
East Chadley Lane
Godmanchester
Cambridgeshire
PE29 2BJ
Accountants
Thomas Quinn
15 Station Road
St Ives
Cambridgeshire
PE27 5BH

Achievements during the year
Anglo-lndian Concern works in partnership with the registered Indian charity Yhe Vine Charitable
Trusy {VCT) which works mainly among the impoverished section of the Anglo-lndian community.
The focus of this work is in Chennai, Tamil Nadu.
3 areas are focused on
The support of seniors by a small pension to help support the need.
Payment of school fees for all levels of education
Other monies for those with disability or medical treatment needs
We currently sponsor 35 seniors often Irving in very poor conditions many with shared bathrooms,
and in one main room to live and sleep. and a small kitchen area in which to cook and prepare food.
We also support over 60 students in schools and 25 students in college. Again they often live in small
apartments, with several generations in one shared space for all of life's activities and bathrooms
are often shared with neighbours. We may sponsor children for food support asso, as money is
limited.
The v￿ office is open on Mondays, Wednesdays and Fridays for seniors, students or parents to
collect pensions, school fees or other financial assistance and on Tuesdays and Thursdays visits are
made to check on the welfare of people being supported.
In early 2024 the trustee visit was a very positive experience seeing the support through VCT for
school and college Students. Many students are achieving far higher qualifications than many of
their parents did, with college courses in Business and Commerce a popular choice in a country
which supports many financial service industries. The VCT staff work incredibly hard to make
accurate and fair assessments of those seeking help. The staff consist of three staff, office manager,
social worker and assistant. VCT also distributes funds given to AIC by UK donors as sponsorship for
individual young people. vcr is overseen by a board of Trustees.
The Anglo-lndian community has been disadvantaged for a long time, and this support goes some
way to enabling those who are motivated to achieve more than they would otherwise.
Oversight and compliance with charitable purposes
The visit in January 2024 fulfilled the required monitoring needed for all areas of the VCT with
regards to governance, financial, safeguarding, educational and student support. At that time full
reports were made and in January 2025 2 trustees have again visited to check how the whole
process is workin8 and reports will be presented to the next UK Trustee meeting in late March. All
was in keeping with the purposes in the Trust Deed and subject to the 2006 Charities Act.
Ongoing working and partnership with Vine Charitable Trust continues With frequent telephone and
email contact and, following the visit in 2024 regular meetings via Zoom orTeams enable face to
face discussion of the needs of students, seniors and stsff .
We are also in receipt of the VCT audited accounts and inspected the accounting process used when
in Chennai also and found it to be thorough and rigorous.

Financial Review
The financial statements for 2024 are attached. The support to India was higher than in previous
years as the second transfer for the work for 2023 was not made until January 2024 as VCT were
able to use interest earned on funds to partly fund some of the costs. Therefore three transfers
were made in 2024. Also following the death of a donor to VCT towards the work supporting seniors
the level of support wa5 partly increased to address these additional needs.
The travel costs represent the costs in India made in January 2024 and contribution towards part of
the air fares for a trip in January 2025. Costs of the newsletter were slightly higher in 2024 due to
increased costs.
Reserves policy
The Trustees, policy is to maintain a level of income and assets to continue with the aims of the
charity for as long as possible. The Trustees, after discussion with the Vine Charitable Trust, agreed
to continue supporting the work at the current levels for the next 5-10 years with an expectation
that this would reduce the reserves over this period. This was done in the knowledge that this would
reduce the reserves and would not be sustainable over time. The work would be managed to ensure
that the education of the current children would be preserved over their school years. However due
to a combination of additional giving by donors, favourable variances in the exchange rate, and
before 2022 a reduction in number of students on more expensive further education courses the
reserves have not been reduced as rapidly as anticipated. The Trustees continue to operate on the
basis that the reserves will be utilised to support the work for as long as is practicable whilst
ensuring that current students are able to complete their education. As anticipated the level of
support has started to increase to the level originally anticipated when the policy wa5 set partly from
a need to increase the support for seniors.
Investmentpolicy
The Trustees took the decision during 2017 to convert into cash the investments that had previously
been held in the CO Managed funds. This decision was taken in view of the strength of the markets
at the current time which was potentially not sustainable in the short term and the need to have
some certainty around the funds in the short temi to enable the current 5evels of support to be
sustained. Part of these funds were placed on deposit. As the need to access funds has increased
these are now held in 2 notice accounts one for 60 days and one for 120 days. Funds are spread
across 2 organisations to rnaintain security of the principal separate from the main bank account.
Some of the funds on deposit will be utilised in 2025 to enable the transfers to India.

Risks
The major risks that AIC face are:
the exchange rate risk of the pound to the rupee as this impacts the amount that is
contributed to pay for the education and relief and other costs in India.
uncertainty about future income as donations are dependent on the generostty of donors.
The trustees have set a reserves polioi to coverthe risks around the decline in income to ensure
that the education of the current children can be continued for the length of their current courses.
The funds have been placed in different banks to mitigate against credit risk. Due to the uncertainty
about the timing and amount of funds being made to VCT it has not been deemed to be cost
effective to hedge the currency risk.
Appro
ed by the trustees of the charty on 29 March 2025 and signed on its behalf by".
Jude
Chair

Anglo-lndian Concern
Charity number 1015136
Statement of Trustees, Responsibilities
The trustees are responsible for preparing the trustees, report and the financial statements in
accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each
financial year which give a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources of the charity for that period. In preparing these financial
statements, the trustees are required to:
• select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent.
state whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements. and
prepare the financial statements on the going concern basis unles5 it is inappropriate to presume
that the charity will continue in busines5.
The trustee5 are responsible for keepin8 proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the
financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and
Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
Approved by the trustees of the charity on 29 March 2025 and signed on its behalf by:
e Lechmere
Chair

Anglo-lndian Concern
Independent Examlner's Report to the trustees of AnEIo-Indian Concern
I report on the accounts of the charity for the year ended 31 December 2024 which are set out on
pages 8 to 11.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit
is not required for this year under section 14412) of the Charities Act 2011 (the 2011 Act) and that an
independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Act.
to follow the procedures laid down in the general Directions given by the Charity
Commission under section 145{5llb) of the 2011 Act; and
to state whether particular matters have come to my attention.
Basis of independent examinerfs report
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any
unusual item5 or disclosures in the accounts, and seeking explanations from you as trustees
concerning any such matters. The procedures 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 Vie￿ and the report is limited to those matters set out in the next statement.
Independent examiner's ststement
In connection with my examination. no matter has come to my attention:
11) which gives 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 2011; and
• to prepare accounts which accord with the accounting records and comply with the
accounting requirements of the 2011 Act have not been met; or
121 to which, in my opinion, attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
4orflu g
15 Station Road
St Ives
Cambs
PE27 5BH
Date:

glo-lndian Concern
Inco￿￿ and Expenditure kcount
For the Year Ended 31 December 2024
2024
2023
Income
Gift Aid donations
Other Regular Donations
Bank Interest recei%ed
Tax Refunds
13,590
13.025
3.652
3,397
16,349
13,525
2,609
4,113
33,E64
36,596
Charitable Activities
Vine Charity Trust - support N￿rk in India
Valathi Outreach
57.000
780
24,000
1.560
(57,780)
(25,560)
Surplus Income over Charitable Activitles
(24.116)
11,036
other expenditure
Support costs
Bank charges
Stamps. stationery, telephone etc
Other
123
82
105
246
Govemance costs
Accountants fees
TraNel including tr￿e1 InSu￿nce
360
1,475
360
1,945
(2.204)
(2,492)
(Shortrall) Excess of income over expenditure
Accumulated ￿rpluS brought fonward
Accumulated surplus carried forward
(26.320)
174,356
148.036
165.812
174,356
All of the charity's activities derive from continuing operations during the above two periods and all
related to unrestricted general funds.

Anglo-lndian Concern
Balance Sheet
s at 31 December 2024
2024
2023
Current assets
Debtors - Tax Refvnds
Debtors - Interest
Prepayments
Cash on deposit
Cash at Bank
3.397
4.087
2,255
57
20
137,895
7,030
148,396
135.000
33,317
174,716
Current liabllities
Accrued expenses
(360)
(360)
(360)
(360)
Net current A*8ts
148,036
174,356
Net Assets
148.036
174,356
General Funds
Realised General Fund
148.036
174,356
148,036
174.3
The financial statements on pages 8-11 were approved by the Trustees and authorised for issue on
29 March 2025 and signed on their behalf by:
Roz Brench (Trustee)

Anglo-lndian Concern
Notes to the Financial Statsments for the Year Ended 31 December 2024
l. Accounting polÉcies
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities." Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
1021 (effective l January 2015) - (Charities SORP (FRS 102)). the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS102) and the Charities Act 2011.
Basis oApreparation
Anglo-lndian Concern meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy notes.
Exemptionfrom preparing a cash flow statement
The charity has taken advantage of an exemption conferred by the Charities SORP and has not
prepared a cash flow statement.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue
as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a
general nature is recognised when the charity has entitlement to the income, it is probable that the
income will be ￿ceiVed and the amount can be measured with sufficient reliability.
Donations and legaties
Donations and legacies are recognised on a receivable basis when receipt is probable and the
amount can be reliably measured.
Investment income
Interest is recognised in accordance with the temis of the fixed rate agreement for fixed rate
accounts.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs to that category.
Support costs
Support costs include printing and distribution of the newsletter, bank costs and the maintenance of
the website.
io

Anglo-lndian Concern
Notes to the Flnancial Statsments for the Year Ended 31 December 2024 {continued)
l. Accounting policles (continued)
Governance costs
These include the costs attributable to the charitvs compliance with constitutional and statutory
requirements, including independent examination and investment advice. It includes costs of travel
to India to monitor the work of The Vine Charitable Trust {vcr) in India and any Trustee travel
cost5.
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respert of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are
applied exclusively to charitable purposes.
Cash ond cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-temi highly
liquid investments that are readity convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Fundstrurture
Unrestricted income funds are general funds that are available for use at the trustees, discretion in
furtherance of the objectives of the charity.
2. Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the
charity during the year.
Trustees received reimbursement for expenses during the year in ￿latiOn to the administration
costs of the newsletter and the cost of travel to India of £1,659 (2023 £1,945). This included the
accommodation cost5 incurred in India in 2024 and the cost of flights for the monitoring trip in
January 2025.
3. Taxation
The charity is a registered charity and is therefore exempt from taxation.
li