## ## |||Page| |---|---|---| |Trustees'
report||1-3| |Statement ofTrustees'|responsibilities|| |Independent
auditofs|report|5-7| |Statement offinancial|activities|| |Statement offinancial|position|| |Statement ofcash flows||10| |Notes to the financial statements||11-22| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2023||2022|| |---|---|---|---|---|---|---|---| |||Notes||||6|| |Fixed assets|||||||| |Property,
plant and equipment||10|||8,073||3,604| |Investments||11|||1||1| |Programme
related investments||12|||56,670||56,670| ||||||64,744||60,275| |Current assets|||||||| |Trade and other receivables||14|13,601|||22,350|| |Cash at bank and in hand|||1,299,453|||618,648|| ||||1,313,054|||640,998|| |Current liabilities||15|(34,515)|||(10,290)|| |Net cunent assets||||1,278,539|||630,708| |Total assets less current liabilities||||1,343,283|||690,983| |Income funds|||||||| |Restricted funds||16|||767,383||110,245| |Unrestricted
funds|||||575,900||580,738| |||||1,343,283|||690,983| |The financial statements|were approved|by the Trustees on .....Wf||~.!..|H4||| |Mr Hansjorg
Mayer|||Sonam Tsering Fras||||| |Trustee|||Trustee||||| ## ## ## ||||Unrestricted|Restricted|Total|Unrestricted|Restriicted|Total| |---|---|---|---|---|---|---|---|---| ||||funds|funds||funds|funds|| ||||2023|2023|2023|2022|2022|2022| |||Notes|8|6|6||5|| |Income from:||||||||| |Donations|||45,325|733,679|779,004|76,516|114,563|191,079| |Investments|||1,312||1,312|60||60| |Total income|||46,637|733,679|780,316|76,576|114,563|191,139| |~E*
dil||||||||| |Charitable
activities||||||||| |Education,
Religion||||||||| |and Culture|||40,299|39,870|80,169|30,762|30,867|61,629| |Community||||||||| |Development|and|||||||| |Empowerment|||4,512|26,176|30,688|19,375|234,169|253,544| |Health|||7,159|10,000|17,159|11,437||11,437| |Total charitable||||||||| |expenditure|||51,970|76,046|128,016|61,574|265,036|326,610| |Net (expenditure)/income||||||||| |before transfers|||(5,333)|657,633|652,300|15,002|(150,473)|(135,471)| |Gross transfers||||||||| |between
funds|||495|(495)||358,099|(358,099)|| |Net movement||in funds|(4,838)|657,138|652,300|373,101|(506,572)|(135,471)| |Fund balances|at 1 April 2022||580,738|110,245|690,983|207,637|618,817|826,454| |Fund balances||at 31 March||||||| |2023|||575,900|767,383|1,343,283|580,738|110,245|690,983| ## ## ## ||||2023||2022|| |---|---|---|---|---|---|---| |||Notes|f|||| |Cash flows from operating|activities|||||| |Cash generated
from/(absorbed
by)||20||||| |operations||||686,653||(150,470)| |Investing
activities||||||| |Purchase of property,
plant|and equipment||(7,160)||(291)|| |Investment
income received|||1,312||60|| |Net cash used in investing|activities|||(5,848)||(231)| |Net increase/(decrease)
in|cash and|cash||||| |equivalents||||680,805||(150,701)| |Cash and cash equivalents|at beginning|ofyear||618,648||769,349| |Cash and cash equivalents|at end of|year||1,299,453||618,648| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---| ||||funds|funds||funds|funds|| ||||2023f|2023|2023f|2022f|2022
f.|2022f| |Donations|and|gifts|45,325|733,679|779,004|76,516|114,563|191,079| |||Unrestricted|Unrestricted| |---|---|---|---| |||funds|funds| |||2023f|2022f| |Interest|receivable|1,312|60| ## ## ## ||||Education,|Community|Health|Total|Total| |---|---|---|---|---|---|---|---| ||||Religion and|Development||2023|2022| ||||Culture|and|||| ||||f|Empowerment
f|||| |Grant funding||of activities (see note|||||| |6)|||71,660|28,488|15,337|115,485|306,515| |Support costs (see note 7)||||(1,182)||(1,182)|7,810| |Governance||costs (see note 7)|8,509|3,382|1,822|13,713|12,285| ||||80,169|30,688|17,159|128,016|326,610| |Analysis
by||fund|||||| |Unrestricted||funds|40,299|4,512|7,159|51,970|| |Restricted funds|||39,870|26,176|10,000|76,046|| ||||80,169|30,688|17,159|128,016|| |Forthe year||ended 31 March 2022|||||| |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| ## ## |6|Grants payable||||||| |---|---|---|---|---|---|---|---| ||||Education,|Community|Health|Total|Total| ||||Religion and|Development||2023|2022| ||||Culture|and|||| ||||f|Empowerment
f|||| ||Lhekshed
Tshal School, Nepal||||||186| ||Department
ofEducation,
Central||||||| ||Tibetan Administration,
India||||||| ||a) Sponsorship
ofTibetan Students||3,386|||3,386|4,778| ||b) Sponsorship
ofTibetan Students||||||| ||under STSS||7,980|||7,980|6,713| ||Department
of Religion and Culture,||||||| ||Central Tibetan Administration,
India-||||||| ||Sponsorship
of Monks and Nuns||804||||1,020| ||Tibetan Children's
Village, Dharamsala||||||| ||a) Sponsorship
ofTibetan Students||4,600|||4,600|4,142| ||b) Donation
for IT Education||6,250|||6,250|7,500| ||Tibet Home Foundation,
Mussoorie||||||| ||a) Sponsorship
to Tibetan Students||3,228|||3,228|3,252| ||Tibetan
Institute of Performing
Arts,||||||| ||India||||||| ||a) Sponsorship
ofArtists||156|||156|156| ||Sunday Tibetan School - UK||16,102|||16,102|14,608| ||Strengthening
Awareness
about the||||||| ||Panchen
Lama Grant||22,036|||22,036|13,929| ||Annual
talk on Buddhism,
Tibetan||||||| ||Culture and History||5,170|||5,170|424| ||Finnish - Tibetan
Cultural Association||1,732|||1,732|2,330| ||Central Tibetan Relief Committee,||||||| ||Department
of Home, Central Tibetan||||||| ||Administration,
India||||||| ||a) Sponsorship
of Elderly people|||2,312||2,312|2,096| ||His Holiness
Dalai Lama Religious 8||||||| ||Cultural
Society, Tibetan Voluntary||||||| ||Association,
Tibetan Policy Institution,||||||| ||Social and Resource Development|and|||||| ||Department
of Information
&||||||| ||International
Relations,
India-||||||| ||Tibetan
Human
Rights Programme|||26,176||26,176|160,727| ||Tibetan Youth Employment
Fund||||||73,441| ||Carried forward||71,444|28,488||99,932|295,302| ## ## |6|Grants payable|||||||||||(Continued)| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Education,|Community|Health|Total|Total| |||||||||Religion and|Development||2023|2022| |||||||||Culture|and|||| |||||||||Empowerment||||| ||||||||||f|||| ||Brought forward|||||||71,444|28,488||99,932|295,302| ||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|||||||||10,000|10,000|| ||b) Sponsorship
of Disabled
Ngoenga
School||||Children||at|||4,668|4,668|4,467| ||c)Delek Hospital|Fund||||||||620|620|700| ||f) COVID Donation|to The|||Central|||||||| ||Tibetan Relief Commitee, india|||||||||49|49|5,829| |||||||||71,660|28,488|15,337|115,485|306,515| |7|Support and governance||||costs|||||||| |||||||Support||Governance|2023|Support|Governance|2022| ||||||||costs|costs||costs|costs|| ||||||||f|f||f|f|| ||Depreciation|||||||2,691|2,691||1,201|1,201| ||Administration
fees||||||2,101||2,101|7,964||7,964| ||(Gains)/losses
on|foreign||||||||||| ||exchange|||||(3,283)|||(3,283)|(154)||(154)| ||Audit fees|||||||8,950|8,950||7,708|7,708| ||Travel and subsistence|||||||1,200|1,200||2,140|2,140| ||Repairs and maintenance|||||||236|236||891|891| ||Miscellaneous|||||||424|424||133|133| ||Bank charges|||||||212|212||212|212| |||||||(1,182)||13,713|12,531|7,810|12,285|20,095| ## ## ## ## ## |Property,
pl|ant and|equipment|| |---|---|---|---| ||||Fixtures, fittings S,equipment| ||||K| |Cost|||| |At 1 April 2022|||13,074| |Additions|||7,160| |At 31 March|2023||20,234| |Depreciation|and impairment||| |At 1 April 2022|||9,470| |Depreciation|charged|in the year|2,691| |At 31 March|2023||12,161| |Carrying
amount|||| |At 31 March|2023||8,073| |At 31 March|2022||3,604| ## |Fixed asset inves|tments|||| |---|---|---|---|---| |||||Other| |||||investments| |Cost or valuation||||| |At 1 April 2022 &31 March 2023||||| |Carrying
amount||||| |At 31 March 2023||||| |At 31 March 2022||||| ||||2023|2022| |Other investments|comprise:|Notes|6|9| |Investments
in subsidiaries||19||| ## ## ## ## |13|Financial instruments|Financial instruments|||2023|2022| |---|---|---|---|---|---|---| ||||||6|E| ||Carrying
amount|offinancial||assets||| ||Equity instruments|measured||at cost less impairment|56,671|56,671| ||Carrying
amount|offinancial||liabilities||| ||Measured
at amortised||cost||34,515|10,290| |14|Trade and other|receivables||||| ||||||2023|2022| ||Amounts
falling|due|within one year:|||6| ||Other receivables||||13,601|22,350| |15|Current
liabilities|||||| ||||||2023|2022| |||||||6| ||Other payables||||34,513|10,290| ||Accruals and deferred||income||2|| ||||||34,515|10,290| ||||||al
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C|| ## ## |||||Unrestricted|Restricted|Total| |---|---|---|---|---|---|---| |||||funds|funds|| ||||||6|| |Fund balances at 31 March 2023 are represented|||by:|||| |Property,|plant and equipment|||8,073||8,073| |Investments||||1||1| |Programme||related assets||56,670||56,670| |Cunent|assets|||511,156|767,383|1,278,539| |||||575,900|767,383|1,343,283| ## ## ## |Detail|s ofthe Trust's subs|idiary
at 31 March 202|idiary
at 31 March 202|3are as follows:|||| |---|---|---|---|---|---|---|---| |Name|ofundertaking|Registered||Nature ofbusiness|Class of|'/o|Held| |||office|||shares held|Direct|Indirect| |Tibet|House Limited|England|&Wales|Dormant|Ordinary|100.00|| ||The aggregate
capital
as follows:|and re|serv|es
and the result fo|r the year ofsubsidiarie|r the year ofsubsidiarie|s
excluded
from cons|olidation
was| |---|---|---|---|---|---|---|---|---| ||Name ofundertaking|||Profit/(Loss)|Capital and|||| |||||||Reserves||| |||||6||||| ||Tibet House Limited|||||||| ||The Company was dissolved||on 12December 2023.|||||| |20|Cash generated
from|operations|||||2023|2022| ||||||||6|6| ||Surplus/(deficit)
for the|year|||||652,300|(135,471)| ||Adjustments
for:|||||||| ||Investment
income recognised||in|statement
offinancial||activities|(1,312)|(60)| ||Depreciation
and impairment||of property,
plant and equipment||||2,691|1,201| ||Movements
in working|capital:||||||| ||Decrease/(increase)
in|trade and||other receivables|||8,749|(8,767)| ||Increase/(decrease)
in|trade and other payables|||||24,225|(7,373)| ||Cash generated
from/(absorbed|||by) operations|||686,653|(150,470)|