OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-03-31-accounts

2024 ANNUAL REPORT

Annual report and financial statements for Reaching the Unreached for the year ending March 2024

Registered charity no: 1091295 Company Registration No 04217700

Charity No 1091295

____________________

CONTENTS

Chair’s Introduction ……………………………………………………………………………………. 3
Aims and objectives …………………………………………………………………………………… 4
Structure, governance and management …………………………………………………… 5
Review of developments, activities and achievements ………………………………. 7
Working with other organisations………………………………………………………………. 11
Working with RTU in India…………………………………………………………………………… 12
Building support in the UK…………………………………………………………………………… 13
Plans for the future………………………………………………………………………………………. 13
Finances, investment and reserves policies………………………………………………….. 15
Responsibilities of the trustees …………………………………………………………………… 18
Independent examiner’s report to the trustees…………………………………………… 19
Statement of financial activities…………………………………………………………………… 20
Balance sheet ………………………………………………………………………………………............ 21
Statement of cash flows ....................................................................................................... 22
Notes to the accounts ………………………………………………………………………………….. 23

ADMINISTRATIVE DETAILS

Registered office 16 Glasshouse Studios, Fryern Court Road, Fordingbridge, Hants, SP6 1QX Telephone 01425 657321 Email info@rtu.org.uk Web www.rtu.org.uk

_f| Pacebedliin n

Independent Jeremy Kitson, Prime Accountants, Corner Oak, 1 Homer Road, Solihull, B91 3QG Examiner

Bankers Unity Trust Bank, 9 Brindley Place, Birmingham, B1 2HB

DIRECTORS AND OFFICERS

Reaching the Unreached in the UK (RTU-UK) is a company limited by guarantee (No 4217700) and has adopted the Memorandum and Articles of Association Model of the Charity Law Foundation. It was incorporated on 16[th] May 2001 and obtained charitable status on 21[st] March 2002 (Charity No 1091295). In 2002 it took over all of the operations of the unincorporated Charity of the same name established in 1983. The directors of the Charitable Company (the Charity) are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees. The trustees during the year and since the year end are as follows:

Amy Anderson
Ian Brady Chair and Executive Group Member
Kenneth Brackenridge
Margaret Davies Executive Group Member
John Deeney
Sean Henry Treasurer and Executive Group Member
Andrew Moore
Max Philbrick
James Playfair Executive Group Member
Scott Preston Safeguarding Lead and Executive Group Member
Thomas Williams Vice Chair and Executive Group Member

Annual report and financial statements for the year ended 31 March 2024 2

Charity No 1091295

____________________

CHAIR’S INTRODUCTION

Reaching the Unreached in India (RTU) has served the poorest rural communities in Theni and Dindigul Districts, north-west of the city of Madurai, in Tamil Nadu, South India for 46 years.

Since it was founded in 1978, RTU has been providing safe, loving homes for thousands of orphaned and abandoned children. Many of these children require expert support to recover from early trauma, and through our funding, RTU employs highly trained counsellors, foster mothers, and teachers who help these children thrive in the secure environments of RTU’s Children’s Villages.

Education is a key focus of our mission. Our support helps RTU, and other local partners provide extra tuition and specialised teaching for vulnerable children, both in their own schools and at local government schools. This additional support helps ensure that as many children as possible stay in full-time education, breaking the cycle of poverty that might otherwise trap them in adulthood.

Alongside this core work with children, our funding assists various rural development programmes. These initiatives, implemented by RTU and our other partners, offer hope for a better life to the most vulnerable local families and communities, particularly focussing on those with chronic illnesses, those with a disability, lone women/widows, children with grandparent carers and the elderly.

All of the people we support come from Scheduled Castes (also known as Dalits) and other marginalised communities. Our work aims to address the systemic inequalities these groups face, providing opportunities for education and development that might otherwise be out of reach.

The ethos established by RTU's founder, Brother James Kimpton, of combining immediate practical solutions with long-term planning, guides our approach to all our partnerships in India. As a UK charity, we strive to embody this philosophy in our fundraising and support efforts.

On behalf of the trustees, I want to express our deepest gratitude to Father Antony Paulsamy, Director of RTU, and to the leaders and staff of all our partner organisations in India. Their on-the-ground work transforms the support we provide into real-world change.

To our UK-based supporters - individuals, church groups, and charitable trusts and other organisations - your generosity is the lifeblood of our charity. Every donation, no matter the size, contributes to the life-changing work of RTU and our other partners in India.

As we reflect on the past year and look to the future, we remain committed to supporting initiatives that reach the unreached and transform lives across rural India. Thank you for being an essential part of this journey.

Together, we are making a difference.

Ian Brady Chair

The trustees are pleased to present their report for the year ended 31st March 2024.

Annual report and financial statements for the year ended 31 March 2024 3

Charity No 1091295

____________________

AIMS AND OBJECTIVES

Charitable aims and objectives

The purpose of the Charity, as laid out in the Memorandum and Articles of Association, is to relieve poverty, advance education and protect health amongst people living in under-developed countries, particularly in respect of refugees and those living in rural areas.

The key objectives of the Charity are:

How RTU achieves its objectives

The Charity achieves its objectives primarily through the funding and support of a wide range of services at Reaching the Unreached in India (referred to in much of this report as RTU-I), a fully independent sister organisation located under the Palani Hills in the state of Tamil Nadu, South India, which was registered as a Society in 1978. We also provides support to other local partners undertaking similar work in South India, namely Jeevan Jyothi Hospice, Arogya Agam and the Rural Area Development Trust (RUADT).

RTU in India (RTU-I) is a highly successful and far-reaching grassroots organisation, providing a range of services in south India to empower some of the most marginalised and disadvantaged people from scheduled castes, and particularly focusing its services on children. It is a secular charity founded on Christian principles and it is fully inclusive, providing support to those in need irrespective of their background and faith.

Annual report and financial statements for the year ended 31 March 2024 4

Charity No 1091295

RTU-I obtains direct funding from international grant-making organisations, together with donations from individuals, foundations, and corporates in India and overseas. It uses the money raised by the Charity in the UK to fund new initiatives and the ongoing provision of services not covered by other funding sources. The UK trustees work closely with RTU-I and have an in-depth knowledge of its work.

Achieving public benefit is a fundamental driver of the way the trustees approach their work. The trustees have due regard to guidance published by the Charity Commission on this and recognise that, as the actions to improve the lives of beneficiaries take place in India, they are required to adopt a particular approach to ensure that the funds devoted to achieving the Charity’s objectives are used effectively.

The trustees confirm that they have complied with the duty in Section 17 of the Charities Act 2011 with due regard to the public benefit guidance published by the Charity Commission.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

The trustees work closely with RTU to provide strategic and fiduciary oversight and guidance. They have appointed an Executive Group of trustees responsible for the management of the Charity and the approval of unbudgeted expenditure up to an agreed limit. They also oversee communication between RTU and other partner NGOs in India.

The Executive Group holds meetings several times a year and reports to the trustees. Full trustee meetings are held three times a year. Day-to-day work is subcontracted to the UK Co-ordinator, Mo Houlden, with help from specialist freelancers as and when needed.

Recruitment, appointment and induction of trustees

The trustees regularly scrutinise the range of skills and experience the trustee board is able to offer. New trustees are appointed with this in mind to ensure the board has the appropriate range of expertise to meet the needs of RTU and its strategic aims.

The induction process for new trustees includes an information pack and briefings covering the Charity’s history, finances, long-term strategies and governance arrangements, as well as the roles and responsibilities of trustees. New trustees are encouraged to make a visit to our partners in India within a year of their appointment.

Trustees serve an initial 10-year term on their first appointment, and then 5-year terms on any subsequent reappointment(s). The Chair and other office-bearers are appointed for 5-year terms, which take precedence over (i.e. allow an extension of) a term as trustee.

Risk review

Each year the trustees review and update the Charity’s risk register, which identifies all the key perceived risks to the organisation and notes the actions required to mitigate these risks. The last review took place in December 2023. The trustees are satisfied that the Charity has addressed the major risks it faces within the UK, and those of partner NGOs it funds, and that adequate operating systems and procedures are in place.

The trustees are confident that the financial procedures and accountancy standards of the Charity’s partners are of the highest standard, and that anti-fraud and corruption measures are strictly adhered to. The Treasurer reports on invested reserves, cashflow and exchange rate movements at each trustee meeting and makes recommendations as appropriate.

Annual report and financial statements for the year ended 31 March 2024 5

Charity No 1091295

____________________

Other risks are mitigated by matching the Charity’s vision and objectives to those of RTU-I in India and the need of the people it serves; reviewing its governance and structure to ensure the board of trustees continues to be effective; ensuring RTU-I’s safeguarding and anti-bribery policies and procedures, and those of the other local partners we fund in India remain fit for purpose.

The trustees are in close contact with RTU-I and with other local partners. The Director of RTU in India, Father Antony Paulsamy, regularly attends online meetings and the trustees visit India to monitor the project of all our local partners. There were three visits by trustees during the year.

Related Parties

Transactions involving trustees are detailed in note 5. There were no other dealings with related parties during the year that are required to be disclosed in these accounts.

Annual report and financial statements for the year ended 31 March 2024 6

Charity No 1091295

____________________

REVIEW OF DEVELOPMENTS, ACTIVITIES AND ACHIEVEMENTS ~~LO~~

Um OCTAmW Ft 6 790 109 1,962 100% 181 33 19,570 1,679 £479, 946 children were children children of pupils at students new people cared women was donated cared for in supported at were RTU were houses for at RTU’s belonged to RTU-UK by RTU’s home were educated at schools supported at built for medical to 113 individual Children’s able to RTU schools passed college and 165 family facilities Self-Help supporters Villages year attend school and evening their 12[th] 32 members Groups in and local study standard graduated 28 villages groups centres exams

RTU’s work in India

RTU-I works tirelessly to improve the lives of the most disadvantaged people, especially children, living in the poorest rural areas of South India. Many of the people it helps are from scheduled castes (sometimes known as Dalits or untouchables) and tribal communities living in remote rural areas, reliant on daily wage agricultural work. The low social status of these people means they are often marginalised, discriminated against and have difficulty accessing Government schemes and other support.

Children’s Villages

Rooted in its origins in the late 1970s, when Brother James Kimpton established the first Children’s Village for orphaned and abandoned children, RTU now has four Children’s Villages. Younger children live in small family houses with ‘foster’ mothers, while teenagers have hostel-style accommodation that offers them more independence as they grow up.

790 children and teenagers had a safe, loving home at RTU

Education

Annual report and financial statements for the year ended 31 March 2024 7

Charity No 1091295

____________________

Schools

The children who live at RTU receive an excellent education at RTU’s schools. There are six balwadies (preschools), three primary and middle schools and a higher secondary school. Over 750 local children from disadvantaged families also attend, and receive free uniforms, schoolbooks and nutritious school meals.

Pupils aspire to high academic standards leading to qualifications that enable them to enter further education and secure well-paid employment. The schools further enrich the children’s lives with a wide range of extracurricular activities including school parliaments, trips, sports days, exhibitions and competitions, and participation in district and state sports and dance events.

After completing the State 10[th] , 11[th] and 12[th] standard exams, students are funded to attend college and gain academic and professional qualifications, until they are able to support themselves and live independently. A scholarship scheme additionally helps the most able local children to enter further education.

1,596 children attended RTU’s schools and 181 were supported to study at college

Educational outreach

Evening study centres

RTU runs ten evening study centres in rural villages to lift the educational attainment of the most disadvantaged children who attend poor, rural Government schools. Open five evenings a week and on Saturday afternoons, they are a quiet place to study, with teachers on hand to provide extra tuition and encouragement where needed. The children who use the centres also receive a nourishing snack and are given free school materials when they attend. Parents are encouraged to become involved in their children’s learning.

Using play, songs and Tamil and English word games in their lessons, RTU’s experienced teachers engaged the children in enjoyable activities that help them to feel secure and happy and help them with their homework.

366 children attended RTU’s study centres

Mobile science laboratories

RTU’s three mobile laboratories, run by six highly qualified science teachers, regularly visit rural Government schools to provide pupils with invaluable hands-on experience of science and technical experiments. All the laboratory-based teaching uses the latest innovative materials and methods.

6,756 children at 104 Government schools received lessons from RTU’s three mobile science laboratories

Annual report and financial statements for the year ended 31 March 2024 8

Charity No 1091295

____________________

Home Support scheme

RTU’s Home Support scheme provides monetary assistance to some of the most disadvantaged local families, to help feed and clothe their children and send them to school.

In the most recent academic year, nearly all the children in families receiving Home Support and attending school passed their 10[th] standard exams (equivalent to GCSEs) and 12[th] standard exams (equivalent to A- levels).

109 families received assistance from RTU’s Home Support scheme and were able to send their children to school

House building

In rural communities in South India, many poor families live in dangerous sub-standard housing, often at risk of fire, prone to vermin and easily damaged by monsoon rains. RTU’s house building programme provides families living in low quality accommodation, or who have lost their homes altogether, with safe, secure housing. Widows/lone women, older people, people who are HIV+ or have a long-term health problem or disability are given priority.

All the doors, frames, windows, and roofs are concrete and are made at RTU’s block construction plant. The houses are weatherproof to withstand the monsoon rains and also have a shady

veranda for shelter from the extreme heat. Each house has a living room, kitchen area, and a toilet/washing area. Where possible, the homes also have an electricity supply. RTU has built over 9,000 homes.

33 families in 12 villages with 165 family members including 68 childen moved into a new home built by RTU

~~oo~~ Borewell drilling

Borewell drilling

Clean water is vital to protect community health and limit the incidence of water-borne diseases that can lead to illness and fatalities amongst young children. RTU’s well-drilling programme provides people living in rural villages with reliable supplies of safe, clean water.

RTU drilled 3 new borewells and equipped them with electric pumps and water tanks

Annual report and financial statements for the year ended 31 March 2024 9

Charity No 1091295

____________________

Health

Without RTU’s clinics, services, and health outreach, many families and vulnerable individuals, especially children, those who are affected by HIV/AIDS, people with a disability, and many others with common but often devastating illnesses, would have no free access to the treatment and care they need.

RTU’s Pushparani Medical Centre, Mobile Clinics and Physiotherapy Unit all provide access to medical treatment and ongoing care for vulnerable local people who cannot afford healthcare, even in remote rural areas.

In partnership with hospital doctors and the local Primary Healthcare Centre, RTU carries out regular general medical tests, dental check-ups and eye tests. It also runs ‘health camps’ in local villages, the Children’s Villages, hostels, and schools, identifying common diseases and conditions and making referrals for further investigation and treatment.

Ongoing immunisation programmes and other activities further help to protect schools and the wider community against outbreaks of serious and contagious diseases.

19,570 people were treated in RTU’s medical facilities

Women’s empowerment

Self-Help Groups

RTU’s women’s empowerment programme provides services and resources for women in rural villages so that they can start their own Self-Help Groups. They are encouraged within the group structure to build economic independence and self-reliance, supported to set up their own income generating initiatives and microfinance schemes and to work collectively to bring about positive change in their communities.

RTU also provides regular training for women on issues such as health awareness, enterprise, domestic violence, access to Government schemes and legal aid entitlement.

1,679 women were members of 113 RTU’s Women’s Self-Help Groups in 28 villages

Annual report and financial statements for the year ended 31 March 2024 10

Charity No 1091295

____________________

Mobile tailoring training

RTU has three mobile training centres delivering accredited six-month tailoring courses to women living in rural villages. Once qualified, they are well-placed to earn a regular income and set up their own businesses so that they can become self-reliant and support their families independently.

189 women from five villages completed one of RTU’s tailoring training courses

Support for the elderly

RTU provides regular, nutritious food from its kitchen, and a pension for a number of older people living locally. Some have chronic, long-term illnesses such as TB or are cured leprosy patients who have been ostracised by their communities. RTU’s practical support helps them to maintain their dignity and independence for as long as possible in later life.

85 vulnerable older people received direct support from RTU to help them retain their independence

In the last financial year, all the services at RTU were provided on a revenue budget of just INR 934 lakhs which, at year end exchange rates, is approximately £900,000. Further information about the work carried out, together with the RTU Annual Review and Financial Statements are available on our website at www.rtu.org.uk.

WORKING WITH OTHER ORGANISATIONS

Last year, the trustees were also delighted to be able to provide grants to two local partner NGOs who have close links with RTU-I:

Jeevan Jyothi Hospice provides in-patient care for HIV+ people including children in RTU’s care if they become ill or face a negative reaction to ART drug therapy. The Hospice is 25km from RTU and has 40 beds. Children stay at Jeevan Jyothi until they are well enough to return to their home in the Children’s Villages. As well as providing a service for children and adults at the hospice, Jeevan Jyothi meets the needs of people with HIV in the surrounding villages and has an outpatient clinic and an extensive outreach programme, ensuring that people with HIV/AIDS maintain the drug therapy they need and receive good nutrition.

The Rural Area Development Trust (RUADT) supports children and young people with disabilities and their families, providing a range of services including special schools and rehabilitation centres. The trustees granted funding for the vocational training programme, giving young adults with learning difficulties vital skills to enable them to earn a living, and also to continue two of its village rehabilitation programmes, providing physiotherapy and support to people of all ages.

We also supported their Self-Help Groups which improves the economic wellbeing of the parents of RUADT’s beneficiaries.

Arogya Agam is a rights-based organisation working in a different area of Tamil Nadu with the most disadvantaged people, including people living with HIV, tuberculosis and leprosy; women in prostitution, transgendered people, sexual minorities, children at risk and people with a disability. We will be working with them in the forthcoming year supporting their HIV awareness training.

Annual report and financial statements for the year ended 31 March 2024 11

Charity No 1091295

____________________

WORKING WITH RTU IN INDIA

Governance

The trustees prioritise the provision of sufficient funding and support for RTU’s work in India. RTU is an independent organisation registered as a ‘Society’ in Tamil Nadu, and we have procedures here in the UK to ensure that formal arrangements are in place, particularly in respect of funding requests and their evaluation. Long historical links between the two organisations, together with the personal involvement of the trustees over the years, have led us being particularly proactive.

There is frequent communication and liaison between trustees and RTU online and through visits made to India. These trips are funded at the trustees’ own expense and timed to coincide with RTU’s Board Meetings and AGM, which we attend as an observer. This style of co-operation works well and ensures the trustees in the UK remain well-informed about developments and issues at RTU, and are able to assure that its funding achieves the desired public benefit.

The relationship between the two organisations is formalised in a Memorandum of Understanding which sets out the framework of the working relationship between the Charity in the UK and RTU in India and ensures clarity of roles and responsibilities on both sides.

The trustees also provide management and strategic support where appropriate and have been involved in developing policies at RTU, including safeguarding, discrimination in the workplace and other governance issues.

Safeguarding

The trustees take the issue of safeguarding extremely seriously and are committed to promoting the rights of children and vulnerable adults, including their right to be protected from harmful influences, abuse and exploitation. We have a safeguarding policy that is subject to frequent review and there are procedures in place to ensure that the same is true of the organisations we work with.

At RTU, a Home Management Committee operates involving senior RTU staff, the District Children Protection Officer, the President of the District Child Welfare Committee, the Government Medical Officer and other local officials, to oversee safeguarding issues in the Children’s Villages and schools. This committee meets quarterly. Regular training is used to increase awareness of the importance of safeguarding for both beneficiaries and staff, and to ensure any breaches of best practice are reported and addressed. During the year, RTU conducted a wide-ranging review of safeguarding.

Annual report and financial statements for the year ended 31 March 2024 12

Charity No 1091295

Fundraising in India

We in the UK and RTU have been working together for some years to build fundraising capacity at RTU, to implement a fundraising strategy and to increase donations from within India. With the assistance of a Tamilspeaking consultant based in Chennai who is funded by the Charity and following a successful pilot, RTU is now in the fifth year of a project to target Indian foundations and corporate social responsibility (CSR) opportunities. New grants have been secured for capital projects and revenue funding has been obtained for RTU’s schools.

BUILDING SUPPORT IN THE UK

The trustees are very grateful to all our loyal and highly-engaged supporters – individuals, churches, schools, and other organisations – who have made donations, organised fundraising events in their areas and acted as ambassadors in their churches, schools and communities to maintain awareness of RTU’s work.

The majority of income received by the Charity last year was thanks to those who made regular donations or supported the child and student sponsorship schemes. Many donors also fundraise collectively through community initiatives and in memoriam contributions. These activities often succeed in raising enough money to pay for new houses and wells in their entirety.

Our supporters tend to be long-standing and loyal, reassured by our very strong links with RTU in India that their contributions are making a significant, direct difference on the ground.

The previous year, world events beyond our control caused total donation values from individual givers to decrease in comparison to previous years, a trend that was replicated across the third sector. However, our income from individual supporters has risen this year, and while our legacy income has fallen considerably, we continue to see a steady growth in small grants from new charitable trusts. The increase in donations from our supporters and grants from charitable trusts needs to be sustained and developed in the current year as the need for funds from our partners in India to enable them to run and develop their services is likely to increase.

PLANS FOR THE FUTURE

India continues to present a picture of stark contrasts. While emerging as one of the world's fastest-growing economies, with annual GDP growth of 5% to 7%, it grapples with inequality. There is an expanding middle class and significant urban migration. However, the benefits of this growth are unevenly distributed.

India's achievements in space exploration, nuclear capabilities, and information technology stand in sharp contrast to persistent social challenges. The country is home to one-third of the world's malnourished children, with 15% of its population undernourished and 21% living below the official poverty line. Additionally, 18.3 million people are trapped in conditions of modern slavery.

Gender inequality remains a critical issue, with India ranking 127th out of 146 countries in the UN Gender Inequality Index. Women face disparities in pay, healthcare access, and representation in political and social spheres.

Despite these challenges, numerous community-based organisations, such as the local partners that we work with, are working to support the most marginalised people. There has been greater investment in infrastructure, health and education by the Tamil Nadu State Government, but there is little evidence of this in the remote rural villages where RTU works, and large numbers of the rapidly increasing population continue to live in severe poverty.

Annual report and financial statements for the year ended 31 March 2024 13

Charity No 1091295

____________________

RTU is the largest and most wide-reaching registered NGO in the area, and few of the well-recognised larger development agencies or overseas agencies work in the area where RTU and our other local partners are based. RTU has good links with smaller NGOs and other stakeholders in the area, and there is huge potential to have a greater impact in collaboration with these and other organisations.

The main priorities for the Charity in the UK in the forthcoming year are:

Annual report and financial statements for the year ended 31 March 2024 14

Charity No 1091295

FINANCES, INVESTMENTS, AND RESERVES POLICY

Results for the year

Cash grants, donations and regular giving from supporters to the Charity in the UK have increased over the previous year and at the end of the year stood at £479,946 up from £383,232. Legacy income was £118,000 lower which meant that overall, income was down by £21,502.

RTU-UK has a Legacy Fund and has adopted a policy whereby, on receipt, a legacy is placed in the Fund with a planned but flexible drawdown depending on the nature and size of the legacy. We had considerable legacies in the past two years which unexpectedly increased our reserves. Legacies received this year were to the value of £10,469 (2023: £128,630). The Legacy Fund brought forward was £273,351, and the carried forward balance is £145,985.

A total of £412,536 (2023: £442,325) was transferred to RTU in the year, which represents 40% of their total income. This reduced sterling figure is more a reflection of the beneficial exchange rates, rather than a decrease in funding. Of the grant to RTU for core revenue funding, 20% (2023: 17%) was spent on schools and education; 45% (2023: 32%) on childcare and the Children’s Villages; 1% (2023: 17%) on tertiary education to support children through college; 6% (2023: 11%) on healthcare and HIV/AIDS prevention and support; 17% (2023: 12%) on community development and women’s Self-Help Groups; and 12% (2023: 11%) on housing and well-drilling. The funds sent for tertiary education were lower due to other funding that RTU received. In addition, capital funding of £16,268 was granted for the building of a new Children’s Village house, and for additional training for women in the Self-Help Groups.

In addition to the funding for RTU, a further £45,300 (2023: £44,522) was sent to India including £14,716 (2023: £23,193) to Jeevan Jyothi Hospice and £30,584 (2023: £21,329) to RUADT.

The Statement of Financial Activities shows the operating results of the Charity for the year and the Balance Sheet shows its state of affairs at 31 March 2024. The trustees consider this to be satisfactory a position from which to meet the Charity’s commitments for the foreseeable future.

Currency fluctuations

The trustees follow the policy of committing funds each year to partner NGOs in Indian rupees (INR). This has simplified financial planning for our partners but has meant that we take the full exchange rate risk. As the

Annual report and financial statements for the year ended 31 March 2024 15

Charity No 1091295

strength of both sterling and INR has fluctuated, in some years our commitments have cost less than anticipated at the start of the year while in other years expenditure has been higher than planned. The continuing fluctuation of the value of sterling in recent years and the costs associated with this have meant that it has cost the Charity considerably more to meet its INR commitments. However, throughout the year, exchange rates were in the Charity’s favour which meant that it cost less than anticipated to meet our INR commitments. The trustees mitigate risk by transferring funds at the best exchange rates, forward purchasing currency and taking regular advice. The trustees wish to maintain the practice of committing in INR to our partners, and do not currently see the need for any change.

Reserves

The Charity’s Reserves Policy is set to protect the work in India from the risk of disruption at short notice due to a lack of funds, whilst at the same time ensuring that we do not retain income for longer than required.

The Reserves Policy has been set to cover between six to twelve months of projected expenditure and is reviewed on a regular basis and adjusted as risk perceptions and other factors change. Central to the trustees’ considerations in setting the policy is the responsibility to ensure that when a child enters the Children’s Villages at RTU there is a safe, supportive, and stable environment that will allow the child to grow to maturity and lead an independent life. As this will need to be maintained for a significant number of years, the trustees have used nine years as the average period of commitment. The trustees have therefore set aside a designated fund for this called the New Generation Fund which is currently set at £350,000.

The trustees also want to maintain sufficient reserves to respond to any emergency needs in India, to help provide vital new services to the beneficiaries and to help our partners with capacity building.

The charity’s unrestricted reserves not including the designated New Generation Fund at 31[st] March 2024 were £211,790 (2023: £342,998) which equates to 3.5 months running costs, based on our 2024/25 projected expenditure (see note below). Our reserves increased during the pandemic because many of our partners were unable to deliver projects due to lockdown restrictions, and we were extremely fortunate to receive additional donations from our committed individual supporters. Our reserves also increased in the previous financial year due to unexpected legacies of £128,630, which were designated in our Legacy Fund.

This year we have sent additional funds to our partners in India and our unrestricted reserves have decreased by £131,124 (2023: 76,263).

Free reserves at 31 March 2024 were £50,068 (2023: £53,201). The total funds held by the Charity were £711,176 (2023: £752,665), of which £149,386 (2023: £59,751) is held in restricted reserves, mainly for capital building projects.

Annual report and financial statements for the year ended 31 March 2024 16

Charity No 1091295

____________________

Investment Powers

Under the Memorandum and Articles of Association, the trustees have the power to make any investment they see fit subject to taking advice from a specialist in the field. The reserves are invested with a view to maintaining their capital value in real terms and, if possible, to generate a return. Funds are invested in interest yielding accounts pending their being sent to India or put into special reserve.

In April 2010, trustees placed £150,000 on term deposits and £200,000 was placed with Brewin Dolphin for investment in bonds and equities. A further £50,000 was placed with Brewin Dolphin in 2023. The portfolio is managed on a diversified risk basis and this year its value increased from £291,828 at 31 March 2023 to £332,417 at 31 March 2024. In addition, it generated income of £8,376 (2023: £8,690). As these investments are held against long-term needs, fluctuations are to be expected and the trustees do not intend to vary their policy in light of short-term fluctuations.

Annual report and financial statements for the year ended 31 March 2024 17

Charity No 1091295

____________________

RESPONSIBILITIES OF THE TRUSTEES

The trustees (who are also directors of Reaching the Unreached for the purposes of company law) are responsible for preparing the trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

Registered office: Signed on behalf of the trustees: 16 Glasshouse Studios Fryern Court Road Fordingbridge, Hants SP6 1QX

Ian Brady - Chair

Approved by the trustees on 23[rd] November 2024

Annual report and financial statements for the year ended 31 March 2024 18

Charity No 1091295

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

I report on the accounts for the year ended 31[st] March 2024, which are set out on pages 20 to 32.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Jeremy Kitson FCA Prime Chartered Accountants Corner Oak 1 Homer Road Solihull West Midlands B91 3QG

Date: 10 December 2024

Annual report and financial statements for the year ended 31 March 2024 19

Charity No 1091295

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024

Year to 31.03.2024 Year to 31.03.2024 Year to 31.03.2024 Year to 31.03.2023 Year to 31.03.2023
Unrestricted Restricted Unrestricted Restricted
Note Funds Funds Total Funds Funds Total
£ £ £ £ £ £
Income from:
Donations 198,899 281,047 479,946 198,369 184,863 383,232
Trusts and foundations 5,000 65,774 70,774 6,000 62,782 68,782
Legacies 10,469 - 10,469 128,630 - 128,630
Income from trading activities 7,322 - 7,322 12,084 - 12,084
Investments:
Interest receivable 2 6,661 - 6,661 3,140 - 3,140
Investment income 2 7,884 - 7,884 8,690 - 8,690
------------ ------------ ------------ ------------ ------------ ------------
Total income 236,235 346,821 583,056 356,913 247,645 604,558
======= ======= ======= ======= ======= =======
Expenditure on: 3
Raising funds
Raising donations and legacies 16,798 - 16,798 8,896 - 8,896
Costs of trading activities 3,418 - 3,418 8,719 - 8,719
Investment management costs 3,088 - 3,088 2,777 - 2,777
Charitable activities 158,691 457,836 616,527 144,709 486,846 631,555
------------ ------------ ----------- ------------ ------------ ------------
Total expenditure 181,995 457,836 639,831 165,101 486,846 651,947
======= ======= ======= ======= ======= =======
Net gains/(losses) on
investment assets		 15,202 - 15,202 (28,874) - (28,874)
----------- ------------- ------------ ------------ ------------- ------------
Net (expenditure)/income for 4 69,442 (111,015) (41,573) 162,938 (239,201) (76,263)
the year
Transfers between funds (200,650) 200,650 - (174,685) 174,685 -
------------ ------------- ------------ ------------ ------------- ------------
Net movement in funds (131,208) 89,635 (41,573) (11,747) (64,516) (76,263)
Reconciliation of funds
Funds brought forward 692,998 59,751 752,749 704,745 124,267 829,012
------------ ----------- ------------ ------------- ----------- ------------
Funds carried forward 561,790 149,386 711,176 692,998 59,751 752,749
======= ======= ======= ======= ======= =======

All activities are of a continuing nature.

The statement of financial activities includes all gains and losses recognised in the year.

Annual report and financial statements for the year ended 31 March 2024 20

Charity No 1091295

____________________

BALANCE SHEET AT 31 MARCH 2024

Notes 2024 2023
£ £
FIXED ASSETS
Tangible fixed assets 7 - -
Investments 8 332,417 291,828
------------- -------------
332,417 291,828
CURRENT ASSETS
Debtors 9 43,791 87,975
Cash at bank and in hand 352,884 412,225
------------ ------------
396,675 500,200
CREDITORS:Amounts falling due within one year 10 (17,916) (39,279)
------------ ------------
Net Current Assets 378,759 460,921
-------------- --------------
NET ASSETS 711,176 752,749
======== ========
CHARITY FUNDS 12 & 13
Restricted Funds 149,386 59,751
Unrestricted Funds
Designated
Brother James Tribute Fund 15,737 16,446
New Generation Fund 350,000 350,000
Legacy Fund 145,985 273,351
General 50,068 53,201
------------------- --------------
TOTAL CHARITY FUNDS 711,176 752,749
========== ========

The directors are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act.

The directors acknowledge their responsibilities for:

These financial statements have been prepared in accordance with the provisions applicable to companies, subject to the small companies’ regime. This report was approved and authorised for issue by the trustees on 23[rd] November 2024 and signed on their behalf by:

Sean Henry - Treasurer

Ian Brady - Chair

Annual report and financial statements for the year ended 31 March 2024 21

Charity No 1091295

The notes on pages 23 to 34 form part of these financial statements.

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024

2024 2023
£ £
Cash flow from operating activities (45,411) (88,449)
======= =======
Cash flow from investing activities
Interest received
6,661		 6,661 3,140
Investment income received 7,884 8,690
Purchase of investments (70,749) (52,716)
Sale of investments 45,362 24,339
Investment management fees (3,088) (2,777)
Fixed asset additions -
------------ ------------
Net cash flow from investing activities (13,930) (19,324)
======= =======
Net (decrease)/increase in cash and cash equivalents in the (59,341). (107,773)
year
Cash and cash equivalents at the beginning of the year 412,225 519,998
------------- -------------
Total cash equivalents at the end of the year 352,884 412,225
======== ========
Cash and cash equivalents consist of:
Cash at bank and in hand 352,884 412,225
======== ========
Reconciliation of net income to net cash flow from operating activities
Net movement in funds (41,573). (76,263)
Interest receivable (6,661) (3,140)
Investment income (7,884) (8,690)
Investment management fees 3,088. 2,777
(Gains)/losses on investment assets (15,202) 28,947
(Increase)/ decrease in debtors 44,184 44,184_(60,225)_
(Decrease)/increase in creditors (21,363) 28,145
------------- -------------
Net cash from operating activities (45,411) (88,449)
======== ========

Annual report and financial statements for the year ended 31 March 2024 22

Charity No 1091295

NOTES TO THE ACCOUNTS TO 31 MARCH 2024

1 ACCOUNTING POLICIES

(a) Basis of Accounting

Reaching the Unreached (RTU-UK) is a registered charity in the United Kingdom, limited by guarantee and registered in England and Wales. The address of its principal office is given in the charity information on page 2 of these financial statements. The nature of the charity’s operations and principal activities are given on pages 7-11 of these financial statements.

The charity constitutes a public benefit entity as defined by FRS 102. 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 102), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice as it applies from 1 January 2019.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

The accounts have been prepared in sterling (£) which is also the functional currency of the entity.

(b) Going Concern

These financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for twelve months from authorising these financial statements. The budgeted income and expenditure are sufficient with the level of reserves for the charity to be able to continue as a going concern.

(c) Incoming Resources

Income is recognised in the Statement of Financial Activities when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably. The following specific policies are applied to particular categories of income:

Annual report and financial statements for the year ended 31 March 2024 23

Charity No 1091295

____________________

(d) Expenditure recognition

All expenditure is accounted for on an accruals basis and has been classified under activities that aggregate all costs related to any particular activity. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties; it is probable that the settlement will be required, and the amount of the obligation can be measured reliably. It is categorised under the following headings:

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

(e) Support costs

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include premises costs, office costs, governance costs and administrative costs. They are incurred directly in support of expenditure on the objects of the charity. Where support costs cannot be directly attributed to particular activities, they have been allocated to expenditure on a basis which may be based on activity as represented by direct costs expended on that activity or based on a proportion of staff costs. The analysis of these costs is included in Note 3.

(f) Fund accounting

Funds held by the Charity are either:

Annual report and financial statements for the year ended 31 March 2024 24

Charity No 1091295

____________________

Transfers between funds are made to cover deficits on individual restricted funds and to recognise fixed assets acquired with restricted income, but with no further restriction on use, within unrestricted funds.

(g) Legacy Fund

The trustees have established a Legacy Fund into which any legacy received by the Charity will be placed on receipt. Transfers out of the fund to general funds are at the discretion of the trustees and will be made having regard to the charity’s general policy on reserves.

(h) Investment Income

Material amounts of income arising from investments earmarked against any particular fund are added to that fund. Otherwise, income from investments is allocated to the general fund.

(i) Depreciation

Depreciation is calculated to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixed assets are not capitalised unless their cost is more than £200.

(j) Foreign exchange

Transactions denominated in foreign currencies are initially translated into sterling at the exchange rates ruling at the date of the transactions. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated into sterling at the exchange rates ruling at the year end. Foreign exchange differences are dealt with in the income and expenditure account and allocated directly to activities where appropriate to do so.

(k) Fixed Asset Investments

Fixed asset investments are recognised initially at fair value which is normally the transaction price including transaction costs. Subsequently, they are measured at fair value with changes recognised in ‘net gains/(losses) on investments’ in the SOFA if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

(l) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

(m) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity from the date of acquisition or opening of the deposit or similar account.

Annual report and financial statements for the year ended 31 March 2024 25

Charity No 1091295

____________________

(n) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

(o) Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

(p) Financial Instruments

The charity has only financial assets and liabilities of a kind that qualify as basic financial instruments. These basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Annual report and financial statements for the year ended 31 March 2024 26

Charity No 1091295

2 INVESTMENT INCOME

INVESTMENT INCOME
2024 2023
£ £
Income from investments listed on a recognised stock exchange 8,376 8,690
Interest receivable 6,169 3,140
------------ ------------
14,545 11,830
======= =======

3 TOTAL RESOURCES EXPENDED

See appendix A

4 NET INCOME/(EXPENDITURE) FOR THE YEAR

NET INCOME/(EXPENDITURE) FOR THE YEAR
2024 2023
£ £
This is stated after charging:
Depreciation of tangible fixed assets - -
Independent examiner’s remuneration 3,000 2,500
==== ====

5 TRUSTEES REMUNERATION AND EXPENSES

There were no employees during the year, nor the previous year.

The constitution forbids any trustee to be remunerated.

In 2024 2 trustees (2023: 3) had travel expenses of £932 (2023: £1,127) paid to them.

6 TAXATION

The company is a registered Charity and it is considered that its operations are conducted such that no taxation liability will arise.

7 TANGIBLE FIXED ASSETS

Office Equipment

Office Equipment
£
Cost
At 1 April 2023 and31 March 2024 263
====
Depreciation
At 1 April 2023 and31 March 2024 (263)
====
Net Book Value
At 31 March 2024 -
====
At 31 March 2023 -
====

Annual report and financial statements for the year ended 31 March 2024 27

Charity No 1091295

8 FIXED ASSET INVESTMENTS

FIXED ASSET INVESTMENTS
£
Listed investments:
Market value at 1 April 2023 291,828
Sales in year at market value (46,935 )
Additions in year at cost 70,639
Net increase on valuation at 31 March 2024 16,885
--------------
Carrying value (market value) at 31 March 2024 332,417
========
Listed in the UK 69,475
Listed outside the UK 262,942
-------------
332,417
========

These investments are held primarily for an investment return.

9 DEBTORS 9 DEBTORS
2024 2023
£ £
Gift aid recoverable 35,267 26,710
Currency forward purchased 2,071 5,000
Prepayments 5,103 696
Accrued income 1,350 55,569
------------ ------------
43,791 87,975
======= =======

10 CREDITORS: Amounts falling due within one year

2024 2023
£ £
Trade creditors 20 1,454
Accruals 17,896 37,825
------------- -------------
17,916 39,279
======= =======

11 CAPITAL

The company has no share capital being limited by guarantee. There are 11 members of the company each of whom has committed to contribute £1 in the event of the company being wound up. There is no one controlling party of the Charity.

Annual report and financial statements for the year ended 31 March 2024 28

Charity No 1091295

12 ANALYSIS OF NET ASSETS BETWEEN FUNDS

For the year ended 31 March 2024

Unrestricted Funds Restricted Funds Total
£ £ £
Tangible fixed assets -. -
Investments 332,417 -. 332,417
Debtors 43,791 -. 43,791
Bank balances 203,498 149,386 352,884
Creditors (17,916) -. (17,916)
------------- ------------ -------------
561,790. 149,386. 711,176
======== ======= ========

Comparative for the year ended 31 March 2023

Unrestricted Funds Restricted Funds Total
£ £ £
Tangible fixed assets -. -
Investments 291,828 -. 291,828
Debtors 87,975 -. 87,975
Bank balances 352,474 59,751 412,225
Creditors (39,279) -. (39,279)
------------- ------------ -------------
692,998 59,751. 752,749
======== ======= ========

Annual report and financial statements for the year ended 31 March 2024 29

Charity No 1091295

____________________

13 MOVEMENT IN FUNDS

Movement in Funds – for the year ended 31 March 2024

At 1 Apr Incoming Outgoing At 31 Mar
2023 Resources Resources Transfers 2024
£ £ £ £ £
Restricted funds
Administration - 1,125 - (1,125) -
Childcare - 133,213 (180,963) 47,750 -
Community buildings - 74,295 (25,732) 18,000 66,563
Community Outreach & Self-Help - 25,515 (69,555) 44,040 -
Groups
Disability - 75 (16,443) 16,368 -
Education - 5,664 (81,910) 76,246 -
Housing 36,340 44,873 (37,548) (4,000) 39,665
Medical - 33,251 (36,622) 3,371 -
Tertiary education - 24,351 (1,823) - 22,528
Water resources 23,411 4,459 (7,240) - 20,630
----------- ---------- ----------- ------------ ------------
Total restricted funds 59,751 346,821 (457,836) 200,650 149,386
Unrestricted funds
Designated funds
Brother James Tribute Fund 16,446 - (709) - 15,737
New Generation Fund 350,000 - - - 350,000
Legacy Fund 273,351 10,469 (60) (137,775) 145,985
------------- ---------- ----------- ------------ -------------
Total designated funds 639,797 10,469 (769) (137,775) 511,722
General funds 53,201 225,766 (166,024) (62,875) 50,068
------------- ----------- ------------- ------------ ------------
Total unrestricted funds 692,998 236,235 (166,793) (200,650) 561,790
------------ ------------ ------------ ------------ ------------
Total funds 752,749 583,056 (624,629) - 711,176
======= ======= ======== ======= ========

In the trustees’ opinion, there were sufficient resources held to enable each fund to be applied in accordance with the restrictions imposed by donors.

Transfers of £200,650 (2023: £174,685) were made between unrestricted and restricted funds to cover deficits on restricted funds that cannot be recovered through future income on the projects concerned.

Annual report and financial statements for the year ended 31 March 2024 30

Charity No 1091295

13 MOVEMENT IN FUNDS (continued)

Movement in Funds – comparative for the year ended 31 March 2023

At 1 Apr Incoming Outgoing At 31 Mar At 31 Mar
2022 Resources Resources Transfers 2023
£ £ £ £ £
Restricted funds
Administration - 1,125 -. (1,125) -
Childcare - 114,504 (147,267) 32,763 -
Community buildings 5,120 - (14,875) 9,755 -
Community Outreach & Self- - 31,868 (55,174) 23,306 -
Help Groups
Disability - 75 (17,507) 17,432. -
Education - 6,339 (75,157) 68,818. -
Housing 50,929 33,248 (47,837) -. 36,340
Medical - 40,326 (48,584) 8,258. -
Tertiary education 40,910 19,784 (76,172) 15,478 -
Water resources 27,308 376 (4,273) -. 23,411
----------- ----------- ----------- ----------- -----------
Total restricted funds 124,267 247,645 (486,846) 174,685 59,751
Unrestricted funds
Designated funds
Brother James Tribute Fund 17,108 - -. (662) 16,446
New Generation Fund 350,000 - -. -. 350,000
Covid Recovery Fund 85,000 - -. (85,000) -
Legacy Fund 194,722 128,629 -. (50,000) 273,351
----------- ----------- ----------- ----------- -----------
Total designated funds 646,830 128,629 -. (135,662). 639,797
General funds 57,915 228,284 (209,957) (23,042) 53,200
----------- ----------- ----------- ----------- -----------
Total unrestricted funds 707,745 356,913 (209,957) (174,685) 677,016
----------- ---------- ----------- ----------- -----------
Total funds 829,012 604,558 (696,803) 752,749
====== ====== ====== ====== =====

Purposes of Restricted Funds

Administration To provide income to meet the Charity’s UK running costs.

Childcare To provide for orphaned and destitute children and young people in the Children’s Villages.

Community buildings To support the construction of school classrooms, nursery schools, hostels and other facilities.

Community Outreach To provide assistance to destitute elderly or infirm people; to provide support for children in need in their home environment.

Self Help Groups To support micro finance schemes to enable women to set up their own income generating initiatives.

Disability To support services for disabled beneficiaries.

Annual report and financial statements for the year ended 31 March 2024 31

Charity No 1091295

13 MOVEMENT IN FUNDS (continued)

Education To support the education of the poorest children and villagers, through the provision of schools and evening study centres including meeting the costs of teachers’ salaries. Housing To support the construction of low-cost village houses for homeless families. Medical To provide a medical clinic, including work with people who are HIV+ or have AIDSrelated illnesses. Tertiary education To support young people through tertiary education or vocational training after completing school.

Water resources To provide essential water supplies, especially through the drilling of borewells.

Purpose of Designated Funds:

Brother James This fund was previously called the Brother Lionel Fund and was established to Tribute Fund provide a special fund available to James Kimpton, the founder of RTU in India, to allow him to exercise his discretion within the Objects of the charity to support initiatives of his choosing within RTU in India. On his death in October 2017, the trustees launched a Tribute Fund in his memory and transferred the existing funds from the Brother Lionel Fund into this new fund.

New Generation The New Generation Fund and other designated funds have been established in Fund order to be able to commit to support any child brought into RTU’s care for the full period of their dependency. The Fund has also been established to meet any emergency need in India and to invest in capacity building in our partner agencies and in the UK. That limit has currently been set at £350,000 by the trustees. Covid Recovery Fund This designated fund was agreed by the trustees during the previous year to earmark some funds over and above the usual designated funds, to allow for the development of RTU’s programmes in the aftermath of the pandemic, to allow a quick response to ongoing challenges in India and to raise funds in the UK. This fund has now been spent.

Legacy Fund The Legacy Fund has been established for legacies received to allow a controlled release of funds to RTU in India and for planned programme developments.

14 RELATED PARTY TRANSACTIONS

There were no related party transactions during the year to 31 March 2024 nor during the year to 31 March 2023 requiring disclosure in these financial statements.

Annual report and financial statements for the year ended 31 March 2024 32

REACHING THE UNREACHED

APPENDIX A (NOTE 3) TOTAL RESOURCES EXPENDED FOR THE YEAR ENDED 31 MARCH 2024

Costs directly allocated to activities:
Payments to project partners:
(A) Reaching the Unreached of Village India (RTU-I):
Core funding
Children
Community buildings
Community outreach
Educational programme
Housing
Medical programme
Tertiary education
Water resources
Total Gifts to Reaching the Unreached
(B) Payment to Project Partner Jeevan Jyothi
(C) Payment to Project Partner RUADT
Total Grants Payable
Outgoing resources:
Costs met for RTU India
Cost of raising funds
Costs of goods sold
Costs of supporter trips to India
Total Outgoing Resources
Support costs:
Salaries and administration fees
Premises costs
Office costs
Miscellaneous costs
Professional costs
Communications costs
Travel costs
Finance costs
Governance costs
Investment management costs
Total Support Costs
Total Costs before Governance cost allocation
Governance cost allocation
Total Costs		 Basis of Allocation
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Staff time
Staff time
Staff time/Direct
Direct
Staff time/Direct
Direct
Staff time/Direct
Staff time/Direct
Staff time/Direct

Direct
Usage		 Fundraising Costs
£
-
-
-
-
-
-
-
-
-
-----------
-
-
-
-----------
-
======
-
16,798
3,418
-
-----------
20,216
7,606
1,,753
4,743
239
963
7,841
438
455
108
3,088
-----------
27,234
-----------
47,450
9,745
------------
57,195
=======		 Support for India
£
-
180,963
11,591
69,555
81,910
37,548
21,906
1,823
7,240
------------
412,536
14,716
30,584
--------------
457,836
========
67,836
-
-
-
-----------
67,836
35,961
1,699
3,234

949

100

3,442
1
1,815
208
105
-
------------
47,513
-------------
573,185
9,450
--------------
582,635
=======		 Governance
Total
£
£
-.
-
-.
180,973
-
11,591
-.
69,555
-.
81,910
-.
37,548
-.
21,906
-.
1,823
-.
7,240
-----------
-.
--------------
412,536
-.
14,716
-.
30,584
-----------
-.
======
--------------
457,836
========
-.
67,836
.-.
16,798
-.
3,418
-.
-
-----------
-.
--------------
88,052
11,949
55,516
1,204
4,656
470
8,447
1
1,189
71
1,134
9 ---
11,283
110
2,363
164
827
5,226.
5,439
-.
3,088
-----------
19,195
--------------
93,942
-----------
19,195
---------------
639,830
(19,195 )
-
------------
-.
======
---------------
639,830
========		 Year to 31.03.2023
£
-
147,268
11,052
55,174
75,157
47,837
25,391
76,173
4,273
--------------
442,325
23,193
21,329
--------------
486,846
========
69,967
8,896
1,825
6,894
--------------
87,582
43,855
2,664
10,946
278-
151
9,850
1,684
895
4,419
2,777
--------------
77,519
---------------
651,947
-
---------------
651,947
========

REACHING THE UNREACHED

APPENDIX A (NOTE 3) TOTAL RESOURCES EXPENDED COMPARATIVE FOR THE YEAR ENDED 31 MARCH 2023

Costs directly allocated to activities:
Payments to project partners:
(A) Reaching the Unreached of Village India (RTU):
Core funding
Children
Community buildings
Community outreach
Educational programme
Housing
Medical programme
Tertiary education
Water resources
Total Gifts to Reaching the Unreached
(B) Payment to Project Partner Jeevan Jyothi
(C) Payment to Project Partner RUADT
Total Grants Payable
Outgoing resources:
Costs met for RTU India
Cost of raising funds
Costs of goods sold
Costs of supporter trips to India
Total Outgoing Resources
Support costs:
Salaries and administration fees
Premises costs
Office costs
Miscellaneous costs
Professional costs
Communications costs
Travel costs
Finance costs
Governance costs
Investment management costs
Total Support Costs
Total Costs before Governance cost allocation
Governance cost allocation
Total Costs		 Basis of Allocation
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Staff time
Staff time
Staff time/Direct
Direct
Staff time/Direct
Direct
Staff time/Direct
Staff time/Direct
Staff time/Direct

Direct
Usage		 Fundraising Costs
£
-
-
-
-
-
-
-
-
-
-----------
-
-----------
-
-
-----------
-
======
-
8,896
1,825
6,894
-----------
17,615
6,250
1,003
6,707
58
88
6,242
397
460
98
2,777
-----------
24,080
-----------
41,695
7,512
------------
49,207
=======		 Support for India
£
-
147,268
11,052
55,174
75,157
47,837
25,391
76,173
4,273
------------
442,325
------------
23,193
21,329
--------------
486,846
========
69,967
-
-
-
-----------
69,967
28,149
972

4,093

217

37

3,608
1
1,205
267

95
-
------------
38,643
-------------
595,456
7,284
--------------
602,740
=======		 Governance
Total
£
£
-.
-
-.
147,268
-
11,052
-.
55,174
-.
75,157
-.
47,837
-.
25,391
-.
76,173
-.
4,273
-----------
-.
-----------
--------------
442,235
--------------
-.
23,193
-.
21,329
-----------
-.
======
--------------
486,846
========
-.
69,967
.-.
8,896
-.
1,825
-.
6,894
-----------
-.
--------------
87,582
9,456
43,855
689
2,664
146
10,946
3
278
26
151
9 ---
9,850
82
1,684
168
895
4,226.
4,419
-.
2,777
-----------
14,796
--------------
77,519
-----------
14,796
---------------
651,947
(14,796 )
-
------------
-.
======
---------------
651,947
========		 Year to 31.03.2022
£
7,873
133,261
-
30,368
40,281
45,945
12,705
51,094
5,919
--------------
327,446
--------------
18,848
12,353
--------------
358,647
========
54,196
11,852
2,655
-
--------------
68,703
39,740
2,664
14,262
-
141
8,938
121
897
3,338
2,750
--------------
72,851
---------------
500,201
-
---------------
500,201
========