DIVYA SHANTHI MISSION SUPPORT ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 Charity Number 1091054 IEngland and Wales) A charitable incorporated organisation DIVYA SHANTHI MISSION SUPPORT ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 CONTENTS PAGE General information Trustees, Annual Report 3-11 Responsibilities of the Trustees Independent Examinerf5 report to the members Statement of Financial Activities 12 13 14 Balance Sheet 15 Notes to the financial Statements 16-20 DIVYA SHANTHI MISSION SUPPORT GENERAL INFORMATION Registered charity name Divya Shanthi Mission Support Charity number 1091054 Principal & registered office address 3 Little Acreage Old Marston Oxford OX3 OPS Trustees Mrs J Burd Mrs T Hennessy MrsA Luke MfPDLuke Ms J M Piggott Ms M Davis Bankers The Co-operative Bank DIVYA SHANTHI MISSION SUPPORT TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2021 The Trustees have pleasure in presenting the accounts of the Charity for the year ended 31 AuBUSt 2021 Objects of the Charity, Prlnclpal Activities and Organisation of Our Work The Charity was constituted as a company limited by guarantee and was therefore governed bv Memorandum and Articles of Association until 22nd August 2019 when it changed into a Charitable Incorporated Organisation. The objects and principal activities of the Charity are to promote the relief of poverty, sickness and distress and to advance the education of children at the Divya Shanthi Mission in Bangalore and other residential Christian homes in Bangalore and Southern India. General support to charitable work of the Divyo Shanthi Christian Ministry and other Christian associations in Bangalore and Southern India is also given. There were no changes in the Charity's objects during the period. The Charity is organised such that the Trustees meet and converse regularly to manage its affairs. The Charity may appoint a Trustee by ordinary board resolution. One third of the Trustees must retire by rotation at each annual general meeting. The constitution of the Charity state5 that the Charity shall not trade for profit- any 5tJrplus generated by the Charity shall be applied solely to continuation and development of the Charity. 2021 Developments and Achievements The CV-19 pandemic has still been ongoing during the year and has affected the way we undertake fundraising activities (see belowl- However we have continued to enjoy financial silPPOrt from our regular donors and sponsors. The situation in India has been extremely serious btjt we have continued to sponsor the children and also support the work being done in India by Divya Shanthi. The number of children sponsored by the Charity during the year was 40, 24 wilh a named sponsor12 of whom left during the yearl and 16 without a named sponsor. ReBular giving is now £991 per month including Gift Aid. It has been difficult to undertake in-person fundraising events during the year however we did still manage to run our Christmas Bazaar but this time online with deliveries and collections of the goods taking place on the usual bazaar date. This raised raised £1377 Ivery simi5ar to last yearfs in person event). The donations from the Online fund r315ing event held online in July 2020 via JustGivinE arrived in the bank account in October and amounted to £1104.631- We have also raised £163 from sales of Maureen Davis, book. Future Developments In 2021 we plan to continue in our efforts to expand the supporter base of the Charity and to raise awareness of the work of the Charity for example we hope to have a stall at the Love Mar5ton Love Life event in September to raise awareness of the charity. We hope to run Christmas Bazaar on 5, December 2021 in person but obviously we have to stay in- line with government restrictions so it depend greatSy on what happens in terms of the pandemic. DIVYA SHANTHI MISSION SUPPORT Public 8eneflt The Charity provides public benefit through its support for the work of the Divya Shanthi Mission Association and other Christian associations operating in and around Bangalore, India. The Trustees have complied with their duty in the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Coffimis5ion. Transactions and Financial Position The statement of financial activities shows net outgoings of £47 for the year12019-20= net oijtgoings of £16,456). Fund balances carried forward stood at £17,483. ReseNes Pollcy It is the poliry of the Charity to maintain unrestricted funds. which are the free reserves of the Charity at a level sufficient to respond swiftly to urgent requests for support, and to cover foreseeable management costs. The Trustees are satisfied that the year-end position reflects this. Trustees All of the Trustees named on page I served during the year. The board has power to appoint additional Trustees as it considers fit to do so. Risk Management The Trustees have examined the major strategic, business and operational risks which the Charity faces or may face, and confirm that Systems are in place to enable re8ul8r reports to be produced, so that the necessary Steps can be taken to lessen any such risks. DIVYA SHANTHI MISSION SUPPORT RESPONSIBILITIES OF THE TRUSTEES The trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and regulations. Charity Law requires the trustee5 to prepare financial statements for each financial year. Under that law the trustee5 have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice Iunited Kingdom Accounting Standards and applicable lawl. Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and the income and expenditure of the charity for the year In preparing these financial statements, the trustees are required to-. select suitable accounting policies and apply them consistentlv; observe the methods and principles in the Charities SORP make judgements and estimates that are reasonable and prudent,. state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements,. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charitable incorporated organisation and which enable them to ensure that the financial statements comply with the Charities Act 2011. They are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. INDEPENDENT EXAMINATION The nominated independent examiner will be considered by trustees for re-appointment for the ensuing year. Signed on behalf of the trustees **DIVYA SHANTHI MISSION SUPPORT** **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DIVYA SHANTHI MISSION SUPPORT FOR THE YEAR ENDED 31 AUGUST 2021** I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 August 2021 which are set out on pages 7 to 13 ## **Responsibilities and basis of report** As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 14S(S)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Sally Thompson CPFA SPX Oxford Ltd Peace House 19 Paradise Street Oxford OXllLD ..................................... 2022 12 February 6 DIVYA SHANTHI MISSION SUPPORT STATEMENT OF FINANCIAL AcfiviTIES and INCOME AND EXPENDITURE ACCOUNT. FOR THE YEAR ENDED 31 AUGUST 2021 Total Funds 2021 Total Funds 2020 Unrestricted Funds Restricted Funds Note Income frorn: Donations and legacies 111,625 111,625 87,677 2,765 2.765 1,812 Other trading activitie5 Total income 114,390 114.390 89.489 Expenditure on: Raising Funds Charitable activities Total expenditure 279 105.666 105,945 114,437 114,437 Net income l-expendlture Net movement In fund5 -47 16,456 16,456 -47 Reconcbliatw)n of funds: Total funds brought forward Total funds carrled forward 17,530 17,483 33,986 17,530 The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and1055es has not been prepared. All of the above amounts relate to continuing activities. The notes on pages 9 to 13 form part of these financial statements. DIVYA SHANTHI MISSION SUPPORT BALANCE SHEET AS AT 31 AUGUST 2021 2021 2020 Note Current assets Debtors.. Amounts falling due within one year Cash at bank and in hand 4,703 13,430 18,143 8,743 9,207 17,950 Creditors". Amounts falling due within one year .660 -420 Net current assets 17,483 17,530 Net assets 17,483 17,530 Thefundsofthe tharity Funds Unrestricted income funds Restricted income funds 17.483 17.530 Total funds 13 17,483 17,530 For the year ended 31 August 2021 the charity was entitled to exemption from audit under section 145 of the Charities Act 2011. Trustees responsibilities= The trustees have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 145- and The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These financial statements were approved by the members of the committee and authorised for issue on1.7..aanuary.... and are signed on their behalf by.. 2022 RAqot Trustee 9 Sep. 21 DIVYA SHANTHI MISSION SUPPORT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2021 I. CHARITY STATUS Divya Shanthi Mission Support is a charitable incorporated organisation. It was a company limited by guarantee until nd 22 August 2019 at which point it converted to a charitable incorporated organisation. 2. ACCOUNTING POLICIES Basis of accounting The financial statements have been prepared in accordance with Accounting and ReportinE by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191 Icharities SORP IFRS 10211. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Divya Shanthi Mission Support 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 note. Going Concem Including consideration of Covid 19 the trustees believe that there are no material uncertainties about the Charity's ability to continue as a going concern over the next 12 months. Fund accounting Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objertives of the charity. Income All income is included in the statement of financial activities when the charity Is legally entitled to the income and the amount can be quantified with reasonable accuracy. Voluntary income is received by way of grants, donations and gift5 and is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Expenditure Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure represents amounts invoiced, including value added tax. Fixed assets Fixed assets lexcluding investments) would be stated at cost less accumulated depreciation. The costs of minor additions or those costing below £l.(M)O are not capitalised. Depreciation Depreciation would be calculated so as to write off the cost of an asset, le5S its estimated residual value, over the useful economic life of that asset as follows.. Office equipment- 25% straight line Computer equipment- 33Yo Straight line 9 Sep. 21 DIVYA SHANTHI MISSION SUPPORT NOTES TO THE ACCOUNT5 Icontinuedl FOR THE YEAR ENDED 31 AUGUST 2021 Creditors Creditors are reco8nised when the goods or service have been received and payment IS Cry5tallised. They are valued at the amount invoiced, or expected to be invoiced, including value added tax. Taxation The Charity is exempt from corporation tax on its charitable activities. 9 Sep. 21 10 DIVYA SHANTHI MISSION SUPPORT NOTES TO THE ACCOUNTS Icontinuedl FOR THE YEAR ENDED 31 AUGUST 2021 Total Funds 2021 Total Funds 2020 Unrestrirted Funds Restricted Funds INCOME FROM DONATIONS Donations Gift aid TOTAL 90,660 20.965 111.625 90,660 20,965 111,625 71,434 16,243 87,677 Total Funds 2021 Total Funds 2020 Unrestricted Funds Restricted Funds 4 INCOME FROM OTHER TRADING AcfiviTIES Fundraising events 2,765 2,765 1,812 TOTAL 2,765 2,765 1,812 Total Funds 2021 Totsl Funds 2020 Unrestricted Funds Restricted Funds 5 EXPENDITURE ON RAISING FUNDS Fundraising cost5 279 Total expenditure on raising funds 279 Total Funds 2021 Total Funds 2020 Unrestricted Funds Restricted Funds 6 EXPENDITURE ON CHARITABLE ACTIVITIES Administration Bank charges Grants paid Governance costs 32 214 105,000 420 197 114,( 240 197 I14,￿0 240 TOTAL 114,437 114,437 105,666 9 Sep. 21 DIVYA SHANTHI MISSION SUPPORT NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 AUGUST 2020 Total Funds 2021 Total Funds Unrestricted Funds Restrlcted Funds 2020 GOVERNANCE COSTS Independent Examiner The fee for 2020 included accounts preparation TOTAL 240 240 420. 240 240 420 DEBTORS 2021 2020 Gift Aid 4,703 4,703 8,743 8,743 CREDITORS: amounts falling due within one year 2021 2020 Accountancy fees 660 420 660 420 io. STAFF COSTS The charity did not employ any staff during the year12021,' no employees) ii. TRUSTEE REMUNERATION & RELATED PARfi TRANsA￿lONs No member of the board of trustees received any remuneration for their trustee role during the year. Trustees and close family made unrestricted donations totalling £79,035 to the charity durin8 the year. There were no other related party transactions during the year. 12. REMUNERATION AND BENEFITS OF KEY MANAGEMENT PERSONNEL The key management personnel of Divya Shanthi Mission Support are the Trustees. The Trustees receive no remuneration. 9 Sgp. 21 12 DIVYA SHANTHI MISSION SUPPORT NOTES TO THE ACCOUNTS Icontinuedl FOR THEYEAR ENDED 31 AUGUST2021 13. UNRESTRicfED INCOME FUNDS At 01 Sep 2020 Incoming Resources Resources expended At 31 AUE 2021 General Funds Unrestricted income funds 17,530 92,2(X) -114,(100 4270 Total funds 17,530 92,200 -114,[ -4,270 Previous year At 01 Sep 2019 Incoming Resources Resources expended At 31 Aug 2020 General Funds Unrestricted income funds 33,986 89,489 105,945 17,530 Total funds 33.986 89,489 105.945 17,530 14. RESTRicfED INCOME FUNDS There were no restricted income funds during the year. 9 Sep. 21 13