## ## ## ||||Page| |---|---|---|---| |Trustees'|report||1-3| |Independent
auditor's||report|4-6| |Statement|offinancial|activities|| |Statement|of financial|position|| |Statement|ofcash flows||| |Notes to the financial||statements|10-22| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---|---| |||||funds|funds||funds|funds|| |||||2022|2022|2022|2021|2021|2021| |||Notes||E|E|E'|E||E| |Donations||||76,516|114,563|191,079|94,964|155,721|250,685| |Investments||||60||60|452||452| |Total Income||||76,576|114,563|191,139|95,416|155,721|251,137| |Kmttittott(EEg/Li|||||||||| |QII80I~I~!v~i|||||||||| |Education,
Religion|||||||||| |and Culture||||30,762|30,867|61,629|29,776|11,781|41,557| |Community|||||||||| |Development
and|||||||||| |Empowerment||||19,375|234,169|253,544|30,602|175,222|205,824| |Health||||11,437||11,437|14,074|20,000|34,074| |Total charitable|||||||||| |expenditure||||61,574|265,036|326,610|74,452|207,003|281,455| |Net Income/(expenditure)|||||||||| |before transfers||||15,002|(150,473)|(135,471)|20,964|(51,282)|(30,318)| |Gross transfers|||||||||| |between
funds|||10|358,099|(358,099)||10,461|(10,461)|| |Net Income/(expenditure)|||||||||| |for the year/|||||||||| |Net movement|In|funds||373,101|(508,572)|(135,471)|31,425|(61,743)|(30,318)| |Fund balances at 1 April|||2021|207,637|618,817|826,454|176,212|680,560|856,772| |Fund balances|at|31 March|||||||| |2022||||580,738|110,245|690,983|207,637|618,817|826,454| ## ## ## ||||||2022||2021|| |---|---|---|---|---|---|---|---|---| ||||Notes||6||6|| |Fixed assets||||||||| |Property,
plant and|equipment||11|||3,604||4,513| |Investments|||12|||1||1| |Programme
related||investments|13|||56,670||56,670| |||||||60,275||61,184| |Current assets||||||||| |Trade and other receivables|||||22,350||13,584|| |Cash at bank and|in|hand|||618,648||769,349|| ||||||640,998||782,933|| |Current
liabilities|||16||(10,290)||(17,663)|| |Nel current assets||||||630,708||765,270| |Total assets less|current liabilities|||||690,983||826,454| |Income funds||||||||| |Restncted
funds|||17|||110,245||618,817| |Unrestricted
funds||||||580,738||207,637| |||||||690,983||826,454| |-.k....
,..,,**.**..,...,).
**.**,."„**.**..,.....
n|||||- Z'r/~|3||| |Sonam TserinIkFr||si||Mr Tenzin Kunga||||| |Trustee||||Trustee||||| ## ## ## |||||2022||2021|| |---|---|---|---|---|---|---|---| ||||Notes|f||8|| |Cash flows from operating||activities|||||| |Cash absorbed
by operations|||21||(150,470)||(27,960)| |Investing|activities||||||| |Purchase|of property,
plant|and equipment||(291)||(3,026)|| |Investment|income received|||60||452|| |Net cash|used
In Investing|activities|||(231)||(2,574)| |Net decrease
in cash and||cash equivalents|||(150,701)||(30,534)| |Cash and|cash equivalents|at beginning|ofyear||769,349||799,883| |Cash and|cash equivalents|at end of|year||618,648||769,349| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total|Unrestricted|Restricted|1otal| |---|---|---|---|---|---|---|---| |||funds|funds||funds|funds|| |||2022|2022|2022|2021|2021|2021| |||6|6|6|E|6|f| |Donations|and gifts|76,516|114,563|191,079|94964|155,721|250,685| |Investments|||||||| |||||||Unrestricted|Unrestricted| |||||||funds|funds| |||||||2022|2021| |Interest receivable||||||60|452| ## ## ## ## ## |||Education,|Community|Health|Total|Total| |---|---|---|---|---|---|---| |||Rellglon and|Development||2022|2021| |||Culture|and|||| |||f|Empowerment
f|||| |Grant funding
6)|of activities (see note|59,254|236,265|10,996|306,515|249,444| |Support costs (see note 7)|||7,810||7,810|22,666| |Governance|costs (see note 7)|2,375|9,469|441|12,285|9,345| |||61,629|253,544|11,437|326,610|281,455| |Analysis
by|fund|||||| |Unrestricted|funds|30,762|19,375|11,437|61,574|| |Restricted
funds||30,867|234,169||265,036|| |||61,629|253,544|11,437|326,610|| |For the year|ended 31 March 2021|||||| |Unrestricted|funds|29,776|30,602|14,074||74,452| |Restricted
funds||11,781|175,222|20,000||207,003| |||41,557|205,824|34,074||281,455| ## ## |6|Grants payable||||||| |---|---|---|---|---|---|---|---| ||||Education,|Community|Health|Total|2021| ||||Religion and|Development|||| ||||Culture|and|||| |||||Empowerment|||| |||||6|||| ||Lhekshed
Tshal School, Nepal||186|||186|204| ||Department
of Education,
Central||||||| ||Tibetan Administration,
India||||||| ||a) Sponsorship
ofTibetan Students||4,778|||4,778|5,480| ||b) Sponsorship
ofTibetan Students
under STSS||6,713|||6,713|6,179| ||Department
of Religion and Culture,||||||| ||Central Tibetan Administration,
India-||||||| ||Sponsorship
of Monks and Nuns||1,020|||1,020|1,164| ||Tibetan Children's
Village, Dharamsala
a) Sponsorship
ofTibetan Students||4,142|||4,142|3,580| ||b) Donation
for IT Education||7,500|||7,500|7,500| ||Tibet Home Foundation,
Mussoorie||||||| ||a) Sponsorship
to Tibetan Students||3,252|||3,252|3,156| ||Tibetan
Institute
of Performing
Arts,||||||| ||India||||||| ||a) Sponsorship
ofArtists
Sunday Tibetan School - LIK||156
14,608|||156
14,608|156
8,268| ||Strengthening
Awareness
about the
Panchen
Lama Grant||13,929|||13,929|3,513| ||Annual
talk on Buddhism,
Tibetan
Culture and History||424|||424|650| ||Finnish - Tibetan Cultural Association||2,330|||2,330|| ||Central Tibetan Relief Committee,||||||| ||Department
of Home, Central Tibetan||||||| ||Administration,
India
a) Sponsorship
of Elderly people|||2,096||2,096|1,304| ||His I-ioliness Dalai Lama Religious|&|||||| ||Cultural
Society, Tibetan Voluntary||||||| ||Association,
Tibetan Policy Institution,||||||| ||Social and Resource Development|and|||||| ||Department
of Information
&||||||| ||International
Relations,
India-
Tibetan
Human
Rights Programme|||160,727||160,727|175,222| ||Tibetan Youth Employment
Fund|||73,441||73,441|| ||Carried forward||59,038|236,264||295,302|216,376| ## ## |||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |6|Grants payable|||||||||(Continued)| ||||||Education,||Community|Health|Total|2021| |||||Religion and||Development||||| ||||||Culture||and|||| |||||||Empowerment||||| ||||||||E|||| ||Brought forward||||59,038||236,264||295,302|216,376| ||Tibetan Cholsum
Society|||||||||| ||a) Shalu Monastery
for|eldery stipend|||216||||216|216| ||Department
of Health,|Central Tibetan||||||||| ||Administration,
India|||||||||| ||a) Local clinics
in remote Tibet
Settlements|||||||||20,000| ||b) Sponsorship
of Disabled
Ngoenga
School||Children|at||||4,467|4,467|4,252| ||c) Delek Hospital
Fund
d) Delek Hospital
COVID donation|||||||700|700|600
5,000| ||e) Donation to Tearing
health worker|Dolker - social||||||||3,000| ||f) COVID Donation to The Central
Tibetan Relief Commitee, india|||||||5,829|5,829|| ||||||59,254||236,265|10,996|306,515|249,444| |7|Support and governance||costs
Support||Governance||2022|Support|Governance|2021| |||||costs|costs|||costs|costs|| |||||6|||||f|| ||Depreciation||||1,201||1,201||1,205|1,205| ||Administration
fees|||7,964|||7,964|12,265||12,265| ||(Gains)/losses
on foreign
exchange|||(154)|||(154)|10,401||10,401| ||Audit fees||||7,708||7,708||6,600|6,600| ||Travel and subsistence||||2,140||2,140||855|855| ||Repairs and maintenance||||891||891||256|256| ||Miscellaneous||||133||133||211|211| ||Bank charges||||212||212||?18|218| |||||7,810|12,285||20,095|22,666|9,345|32,011| ## ## ## ## ## ## ## |Property,
plant and|equipment||| |---|---|---|---| |||Fixtures, fittings|&equipment| ||||8| |Cost|||| |At 1 April 2021
Additions|||12,782
292| |At 31 March 2022|||13,074| |Depreciation
and Impairment
At 1 April 2021
Depreciation
charged
in the year|||8,269
1,201| |At 31 March 2022|||9,470| |Carrying
amount
At 31 March 2022|||3,604| |At 31 March 2021|||4,513| ## ## ## ## |12|Fixed asset investments|Fixed asset investments||||||||(Continued)|(Continued)| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||Other| |||||||||||investments|| ||Cost orvaluation||||||||||| ||At1 April 2021 &31 March 2022||||||||||| ||Carrying
amount||||||||||| ||At 31 March 2022||||||||||| ||At 31 March 2021||||||||||| ||||||||||2022||2021| ||Other investments|comprise:|||||Notes||E||E| ||Investments
in subsidiaries||||||20||||| |13|Programme
related investments||||||||||| ||At 1April 2021 and at 31March|||2022|||||||56,670| ||The above investment
comprises|||equity|and preference|shares|held|in Gang-Jong|Development||Finance| ||PVT Limited (GF), a company||incorporated||in india. The|pdimary|objective ofGF is to||provide small||business| ||loans to Tibetans|in india.|||||||||| |14|Financial
instruments||||||||2022||2021| ||||||||||F||E| ||Carrying
amount|offinancial|assets||||||||| ||Equity instruments|measured|at cost less||impairment||||56,671||56,671| ||Carrying
amount|offinancial|liabilities||||||||| ||Measured
at amortised
cost||||||||10,290|—|17-,663| |15|Trade and other|receivables|||||||||| ||||||||||2022||2021| ||Amounts
falling|due within|one|year:|||||E||E| ||Other receivables||||||||22,350||13,584| ## ## ## |16|Current|liabilities||| |---|---|---|---|---| ||||2022|2021| ||||6|6| ||Other payables||10,290|17,663| ||||||(4|4(
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Em|| ## ## |18|Analysis of net assets|Analysis of net assets|between|between||funds|funds|funds||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||||Unrestricted|||Restricted||||Total|| |||||||||||||||||funds||funds||||| |||||||||||||||||6|||6|||| ||Fund balances at 31|March 2022 are||||||represented|||by:|||||||||||| ||Property,
plant and equipment|||||||||||||||3,604|||||3,604|| ||Investments|||||||||||||||1||||||1| ||Programme
related assets||||||||||||||56,670||||||56,670|| ||Current assets||||||||||||||520,463|||110,245|||630,708|| ||||||||||||||||580,738|||110,245|||690,983|| |19|Related party transactions|||||||||||||||||||||| ||In the prior year, the|Trust received|||||donations|||of610,000 from||||the|Tibet Charitable|||Trust,|a|charity of which||Mr| ||Hansjorg
Mayer is also||a Trustee.|||||||||||||||||||| |20|Subsidiaries|||||||||||||||||||||| ||Details ofthe Trust's|subsidiary|||at|31 March||||2022|are|as follows:||||||||||| ||Name of undertaking|||Registered|||||||Nature ofbusiness|||||Class of||||'/0 Held||| |||||office||||||||||||shares||held||Direct|Indirect|| ||Tibet House Limited|||England||||&|Wales||Dormant|||||Ordinary||||100.00||| ||Ths aggregate
capital and reserves|||||||and|the|result|for|the year ofsubsidiaries|||||exduded||from consolidation|||was| ||as follows;|||||||||||||||||||||| ||Name of undertaking|||||||Profit/(Loss)||||Capital||and||||||||| ||||||||||||||Reserves|||||||||| |||||||||||6||||6||||||||| ||Tibet House Limited|||||||||||||||||||||| |21|Cash generated
from||operations||||||||||||||||2022||2021|| |||||||||||||||||||||6||6| ||Deficit for ths year|||||||||||||||||(135,471)|||(30,318)|| ||Adjustments
for:|||||||||||||||||||||| ||Investment
income recognised
in|||||statement||||of financial|||activities|||||||(60)||(452)| ||(Gain)/loss
on disposal||of property,||||plant||and equipment|||||||||||||1| ||Depreciation
and impairment|||of|property,||||plant and equipment||||||||||1,201||1,204|| ||Movements
in working||capital:|||||||||||||||||||| ||(Increase)/decrease|in|trade|and||other receivables|||||||||||||(8,767)||29,948|| ||(Decrease)
in trade and other payables||||||||||||||||||(7,373)||(28,343)|| ||Cash absorbed
by|operations||||||||||||||||(150,470)|||(27,960)|| ## ##