Reglster•d numb8r: 05692043 Charlty number: 1114404 TIBET WATCH (A Company Umlt•d by Guarant••) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 PAARCH 2022 TIBEf WATCH (A Corty•ny Umll•d by Gu*rnnl••) col￿ENTs Page R•fvrnnu and Admlnlstrallv• D￿118 al th• Ch•rfty, tt• Tnth Advls• Tru•t•M' R•port knd•pond•nt Ex•mln•V• R•port 8tst•m•nt of Flnanclal Actmu 10 Bal*nc• Sh••t 11 Not•• to th• Flnancl•l Stat•m• 12-18 TIBEf WATCH (A Company Umlt•d by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARrrY, rrs TRUSTEES AND ￿VISERs FOR THE YEAR ENDED 31 MARCH 2022 Truslee• D Russo11 M Gfunirw, Treasurer J Hipgrave M whrtb'C￿. Chair N AnlatsarvJ C Harkey (resigned 6 December 2021) K Saunders Dr N Kaul (appointed 15 September 2022) Company r•glst•r•d number 05692043 Ch•rlty r•gl•ter•d number 1114404 R•glster•d ofll The Llnk 49 Effta Ro•J SW2 1BZ Comp•ny ••cret Swatt £countants Gibson Appleby Chartered Accountants 14 Ship Street Shoreham4)y-Sea West Sussex 8N43 5DH Bank• The cfroF*r8tp￿ 8ank Pl¢ PO Box 250 Skelnwsd WN8 6WT 88ts5 Wells & Braithwaiie 24 Cannon Str00t EC4M 6YH Pa98 1 TIBEf WATCH (A Cry•ny Umlt•d by GU￿n￿o) TRUSTEES. REPCIRT FOR THE YEAR ENDED 31 MARCH 2022 Thg trustegs present their annual report t(yJether with the financaal statements of the tharity for thè 1 Aprti 2021 to 31 March 2022. The Annual Rewrt serves wrrrf)ses of both a trustees. report and a directOTS' r8pc#1 under company law. The tru$tèÈ5 a)nfimi that the Annual Re[￿ and financial statemènts of the tharitable company compty ¥Ath ￿rrent Ststutory requirements. tho requirements of the tharitsble companys goveming doojment 8ThJ the pmisions of Statement of R8commer¥Jed Practtt {SORP) applicable to charities preparlng their accounts in a¢(￿d8nce with the Fina￿la1 Rewts'ng StsThJard applicable n the UK and Republic of Ireland (FRS102) leffeclive 1 January 2019). Since the charlty quallfi•s as small under sedion 382 of thè Cornpanies Ad 2006, the Strategic R8port required of medium and k8rge cornpanies under the CLXnp•￿ Act 2006 (Strategic Report and Dlrector5' Report) RegulatSons 2013 is Trjt required. Tibet Watch works to promote Ihe human rlght8 of th8 Tibelan people Ihn)ugh moniknng, res&arth and b. Human Rjghts IAonltorfng We document and expose th8 orvJoing human rights abuses in Tib81 u$iThJ ¥ wide range of sources. Our researchers colw informatK)n frorn a netswrk of brave i￿liVidUal$ who are committed to ensuring that the wodd hears the truth at*)ut China's repressK>n and trfutslty. We also out ￿lY arrived Tibetan fwaes. monitor Chinese govemmenl websstes and media. track thanges in policy or law and both Tibetan a￿1 E￿lISh ￿nguage news. We beli8V8 Ihat accuracy is vital in our work and so all of the infornat￿n AJI the knformation ￿ (x)lknt is recorded on a seojre human rights databas8. In additlon to our (hvn advo work, our information 15 used by n8licmal govemments. UN btyjies, NGOS, campaigning gTOUPS and also by intemational media. The arthrve on our web5itg shows the key storles we havè sharod each month and the Intemational re&h we have athieved. In additK)n. al infcrfmakn rnlallThJ to Tibetan act8 of rnsl8tanc8 L8 pUt￿lShed on FTeo Tibevs rrfotest log. c. Reuarch In addrt￿ to sharirvJ Ihg resums of cw M￿ltorry ￿￿)rk ￿lIh thlrd p3rb85. Use li to prryluce thematic reports on key issues. These haw prewousty I￿1￿￿ed twlure. the 2LM)8 Beijing OtyTnpics and thild￿n,$ rights. Often these r8PQrts are Ilnked to our UN advoeacy work. We also prc*Juc8 shorter raports covenng specific Inctdents or emerging trents. All our matenals are avaiLqble to r8ad arml download from Ihe 'Reports' page on our website. We also in partnership vthh Free Til￿( prowdiThJ rosaarth a￿1 irrfixmation to wpport their ¢ampaigro and collab)rating on joint reports linked to campaigns. d. Advocacy We undertake regular advocacy wilh the UK govemment also ￿¥￿mUn￿8￿ with other n81K￿l govemmgnts wh6n the opportunlty aris8s. In addlti'on, we monitor China's reporb.ng progres5 the various human rights bodtes at the UN and engage diredty wthere ￿ are ab￿ to prw.de relevant evidence. A summwy of our recent interaction wth speufic UN mechanisms is provKled (wr **bsrte. Page 2 TIBEf WATCH (A Conwwry Umlt•d by Guarantee) TRUSTEES. REPORT (copmNUED) FOR THE YEAR ENDED 31 IAARCH 2022 Objectlves and stratsgl•s (conllnuad) . Publ1¢ Ben•fft nno(aion ￿￿th put4ic benefft in setting the objectives of the thanty arKI. in particulaT, have considered how planned aclivities fijrther the charitys objects. They consider that the activrlies carrbgd out. summariz￿l below In the 'Achievements' s￿tion of this report provKle bgnefft to Lvnmunty. Nothing to rewt AGhl•vem•nts and performanc• a. Human Rlqhts IAonftorfng Durfng 2021r22. Tibet Watth cthlln￿j to Frfovth Free Tib&t *ith a stsady of vwified information from ribet. This iThSuded dètails of extrajudi(aal death. protests. arrests. ￿￿oner releases, political r￿ducation, school closures. mining and larKI grabs whl¢h took ptace inside Tibet durlng the review por￿￿. Of particular note ID May 2021, tho Prrrnte Educa11￿ Prornokn Law was publtshed. The law stiicty imposed control on educalionThrelatgd foreign enb"ti8s and tha teaching of foreign curriculums in schools from kindergarten to grade nine {K-9) and also prohibrted the ownwthip or u)ntrd of any wivatè K-9 by for8i9n 6nbti88. In July 2021, Sengdruk Taktse MKldle S¢*od. a schcKJl founded fyvo dec8d8s ago by 8 revered spiritual figur8 for poor chlldren, wlth a curriculum based in the Tibetan language and Lyjlture, wa5 forced to close despite being established with official approval in the beginnirYJ. Teac*er8 were allNed to ¥hetler Orpha￿ who w8r8 boarding on ￿MPus. A month later. one of its longe5t-seMng leache￿, Rinch8n Kw was arrested on charge8 of 'inciting separaltsm". Sh8 subsequenoy disappeared. fibet Watch was able to rertht on her release from deten￿On in Aprll 2022. In ￿gUSt 2021, G￿llen Gelsa Sch(KA. another ren￿￿1 Tibetsn sclKM)l also founded tsyo docad8S &30 by a Splrltual figure. wa5 ordered to change the schwfs curriculum and mediurn of instruction to Chinese and take the school's examinats'ons ￿ Chvjese. The staff were wamed lo C￿pty Vlith ￿ order or face a forc so In August 2021, Tibet Watch infryrned Free Mbet of th8 CWlStnJctI￿ of rwi military ￿lu￿tIon camps in NyiThJtrl. Soultr￿t fibet. Created for Ihw the agos of eight arKI 16. these camps f￿rn part of an ongoing carnpayn of 'patrntic educotK>n' has grcrmng since the 2008 Thbetan Uprising. Enf¢yGing militaristsc disopline arbd n&t￿n01 defen¢e as thoir ethos, the camps aim to disconnect young Tibelans from their ulturo of peace 8nd noTr¥k￿enC8 by fostsring warped patriotic ￿eat5 that woiect the bord8riThJ nation6 as unsafe, deny k￿￿edge of fthtsn irMleFethce and China's orymng strategy of expanding into neighbourirvJ nations, lemtories. The mililary for fibetsn thildren lts)k place amid nal10nw￿e propagand8 on the history of the Chinese Communist Paty on ils centenary anniversary. Beginnir¥J on 22 Awust 2021. rough￿ 200 milrtary perxffjn81 carried c4Jt a series of mass orrests in th& town of Dza Wonpo. East8m Tibet. The raits. Ythich tc¥)k place over the course of we8ks. saw eath home in the town invaded by polica and led to at least 110 arrests. Wechat groups founded by locals for language dasses were Sh￿ d￿. The arreste8s were teaten, den*d adequate fLKd, arKI sublthj lo militsry drilL8 for over a month. L(Kals were also forced to sMJn a lètter derthnc4ng the Dalai Lama, and agreeirwJ for their state benefits to be Slopped if they did not follow the five points anlisted in the lett6r. Pag6 3 TIBEf WATCH TRUSTEES. REPORT {COPrnNUED) FOR THE YEAR ENDED 31 MARCH 2022 AGhl•v•ments and p•rfOrman￿ (￿ntInu•d) September 2021 saw the announcement of the poty of marW use of MaThJarln as the nabonal language for thIld￿rn athiti8s in ￿ndergarten. In ihe fc4lNin9 months, tha languag6 advocate and fomier litical prisO￿r Tashi Wangthuk c4jnkn.nued to rgF*Jt on his social media atrf)ut his adwcacy and replacement of Tit*tan textbooks in schools. In paralld. Watch T￿lVed reFX)rts of Tibetsn parents in Golog. Nagchu. Tsolho afKI Ngaba bwng calbgd lor class8s to improve their swken and vrritten Mandarin. In Mat06 and Markham County, tsenagers v*h) gxprgsse(l ffjncerr* ar#J sadness over the bss of Tibelan medium edLration were 58nl to facilits.es offJnnec*on the examinatlon lo which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. This report is m8de solety to the tharitys trustees, as a tr•)dy, in aC0)rdan￿ Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertak6n so that I might stste to the chadws trustees those matters l am required to stste to them in an Independent Examinerfs Rewrt and for no other purpose. To tho fullest exlent pemiitted by law. I do not a￿ept or assume responsibilty to anyone other than Ihe tharity and the charitys trustees as a body. for my work or for this report. Stgned.. Sarah Johnson ACA Glbson Appleby Chartered Accountants Page 9 ## **TIBET WATCH** ## **(A Company Limited by Guarantee)** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022** |**Note**
**Income from:**
Donations and legacies
3
Investments
6
Other income
**7**
**Total income**
**Expenditure on:**
Raising funds
8
Charitable activities:
Outreach & engagement
Advocacy & monitoring
Wages and salaries
Payment to consultant researchers
Other costs
Governance
Other charitable activities
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forard
**Total funds carried forard**|**Unrestricted**
**funds**
**2022**
**£**
**71,917**
**225**
**7,398**
**79,540**
**24,265**
**479**
**4,153**
**34,152**
**15,080**
**12,039**
**1,260**
**9,893**
**101,321**
**(21,781)**
**180,522**
**158,741**|**Restricted**
**Total**
**funds**
**funds**
**2022**
**2022**
**£**
**£**
**77,700**
**149,617**
**225**
**7,398**
**77,700**
**157,240**
**24,265**
**479**
**27,168**
**31,321**
**29,200**
**63,352**
**15,080**
**12,039**
**1,260**
**9,893**
**56,368**
**157,689**
**21,332**
**(449)**
**3,150**
**183,672**
**24,482**
**183,223**|_Total_
_funds_
_2021_
£
_98,670_
_235_
_11,322_
_110,227_
_12,455_
_413_
_20,501_
_38,594_
_14,796_
_12,555_
_1,482_
_4,224_
_105,020_
_5,207_
_178,465_
_183,672_| |---|---|---|---| The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 12 to 18 form part of these financial statements. Page 10 TIBEf WATCH (A Company Llmlt•d by Guarant•0 REGISTERED NUMBER: 05692043 BALANCE SHEEr AS AT 31 IAARCH 2022 2022 2021 Currnnt ¥$s•ts Debtors Investments Cash ot bonk 8fKI In hand 13 14 $71 96,932 92,214 196M27 191.723 Cred[to￿.. an￿Unts f8lllr¥J due *ill¥n ( 15 (13.704) f&051) N•t curr•nt ••••t• 183,223 183,672 Total net us•ts 181223 183,672 Charlty funds Rgstricted funds Unreslrided funds 24482 158,741 3.150 180.522 Total funds 183.223 183.672 Thè was entill8d to 6xomptm￿ from a￿111 under $￿tIon 4T1 of th8 Comp8ni8s Act 2006. Thè members have not roqulred the ￿MpanY to obtsln an audit for the >tar in questlon in accordance sectlon 476 of Companles A£t ￿M)6. The Irustees acknowledge the4r reSpO￿bil￿1eS for requirements of the Act *ith respeca to ac(x)unting re{￿rdS and weparallon of finarKial statements. The fir￿nCIal statements haT&* been wepared in a¢¢c¥darKe *ith the applirable to enbtses subject to Ihe 5rn811 c￿[￿nb85 regin*. The financaal statements Y￿re approved autlvxised for Is$￿ by the trustees and S49r￿ on tholr b8half by. D Ru•*•ll Date: 6 0 209 The notes on pages 12 to 18 fomi part ofthese finwKial slatements. Page 11 TIBET WATCH IA Company Umll•d by Guarantse) NOTES TO THE FINANCIAL STATEMEpirs FOR THE YEAR ENDED 31 MARCH 2022 Tibgt Watch is a company limited by guaranleo in ErvJland and Wal88. The memb8rs of the cfjmpany are the Trustees as named on ptyo 1. In the of the c(rywy bw'ry up. the Iwbimy in r6spèc* of the guarnntee ts limited to £1 per member of tho rymnpany. A¢¢ountlnq poll¢l•• The finanual statements have been prepared in vmh the Charities SORP IFRS 1021 . Accounting and RewrbThJ by Charit￿. Statement of ReLa)mmend8d Pr**c¥ appli(¥blg to tharibgs preparing their accounts in aox)rdanc8 the Financgal Rer*)rtirvJ Stsndard applica￿e in the UK and RepU￿•C ol Ireland IFRS 102) (offodive 1 January 2019). tho Finanaal ReF￿'ng Standard 8pplicalJe in the UK and Republic ol Ireland (FRS 102) and the Companies Act 2006. Tibet Watr* meets Ihe d8finilion of a publk benefft entity undar FRS 102. Assots and liabilrties are ibalty rectgnised at hisiorid cost or transadion valug un1è5S Otherwise stsled in the relevant 12 In￿m0 l in￿rne is recognised on(% the (tharfty has entillo￿t to the income. it is wobable that the income V￿11 k recelvod Jnd the amount of inc#)me r•caivabl8 ba m&asurod reliabty. For leg8ca'es, ￿ entiuemwt t5 taken as the eartier of the dat8 on vthich erther.. the o)mpany is aware that probate has t*en granted. the ostats has been finali58d and notification has bean mad8 by the execLrtor(s) to the Trust that a distributi<)n will be mad8. or when a distribution is received from the estate. R&*pt of a legacy. in or in pwL is only (X>Sidw￿ pr(tht4e the amount be measured reliabty and the company has been n¢)bfied of the exeartorfs intention to make a distribution. Where 18ga(aes have been ￿tified to thg ￿)mPanY. or the company is aware of the granting of probate. and the ¢Jitena for income reccwanition not been met. legacy 18 treated as a contingent ass8t and disclosed rf mat8rial. Ck)nated servi¢8 and faciliti6s are rncognised Mthen the rnmpany has control over the rtem, any conditions asscK3abJ wilh the donated ilam have met. and the receipt of ewnomic benefit from the use of the company ilem is tvobable and that the 8&%￿Mi¢ beneffit I￿n be measured reliably. In actt)rdan¢¢ *ith the Charities SORP IFRS 102). the ge￿81 volunteer time of the fri￿d5 Ls r￿1 racognised and refer to tha Tntsto&s' repcyt for morn infom)8t*)n aimxrt their CAintribution. Income lax re￿lable in relation to donations TO￿l¥8d under Grft AKI or deeds of ￿enaTrt Is recognised at the tim8 of the donats'on. Income lax r9coYw￿e in relakn to Inc%n￿ 18 rwni98d at tlme the investrnènl Other income L8 rwnksed In lh8 pwlod in it Is I￿1¥￿ and to th? extent the g￿d5 have Pag8 12 ## **TIBET WATCH** ## **(A Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **2. Accounting policies (continued)** ## **2.3 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Governance costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements. Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. Charitable activities and Governance costs are costs incurred on the company's operations. including support costs and costs relating to governance of the company apportioned to charitable activities. The charity is not registered for VAT. Accordingly, where applicable, all expenditure is inclusive of VAT. ## **2.4 Government grants** Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of Financial Activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of Financial Activities as the related expenditure is incurred. ## **2.5 Interest receivable** Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. ## **2.6 Fund accounting** General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the company and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Page 13 TIB￿WATCH (A Company Umlled by Guarantee) NOTES TO THE FINANCIAL sTATEME1￿s FOR THE YEAR ENDED 31 MARCH 2022 Income from donatlons and Iw¢les Unrestrfcted Restrlcted funds funds 2022 2022 Total funds 2022 Donations and legaeies Legacy and In-memory Grants from trusts and found3￿n5 Govemment grants 54.860 10.812 54.860 10.812 83.700 245 77.700 245 71.917 77.700 149,617 Un￿S¢n.¢ted funds 2021 Restrided funds 2021 Tot81 fvnds 2021 Donations 67,715 67,715 760 Legac4es Grants Govemment grants 20,114 29.114 1,081 1,081 78,556 20,114 98.670 Donatlons & legaclos 2022 2021 CAF & others Regular giwng Donations in knnd Tibel Match (exdudiThJ grfis & grants) General donations 2.588 947 9,$94 20,011 21.719 2,68T 552 21,039 73,105 30.332 54.859 67.715 Donations in klnd r8PTesent the cost of staff time and related overheads donated by Free Tibet Campaign, a company limited by guarantee. The value of staff time and overheads has been calculated and reflected both as donat¥)ns in kind and direct chaiitable expenditure. Page 14 TIBEf WATCH (A Company Umlt•d by Guarants•) NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2022 2022 2021 Sumn6r foundatkjn 8arboro & Donni8 Wèedon Chadtst46 Tru8t The Laigh Trust The Samuel Storny Famlty Charltablo Tr￿t NED 3.000 3.000 77,700 20,114 83,700 29,114 Inv••tm•nt Incom• TtX•l fvnds 2022 fund• 2022 funds 2021 Bank Int8re8t fec•lvabb• 225 225 235 Total funds 2022 Tot81 fund$ 2021 nd• 2022 Gift AID 7.398 11.322 Page 15 TIBEf WATCH (A Company Umllod by Guarant••l NOTES TO THE FINANCIAL STATEMEP FOR THE YEAR ENDED 31 IAARCH 2022 Co•t• ￿ rnl•lng voluntsry Inc4Mn• Total funds 2022 Tolal fvnds 2021 funds 2022 mbet Match FurKlrai8iry ￿sts Fundrnryiry salary 392 392 622 23.251 437 779 11,239 23251 24.265 24,265 12,455 2022 Fees payable to the chartvs irthFentsnt examirnr for the indepeThlent examination of the charitys anw81 accounts 10. Staff co8t• 2022 2021 Wag6s and salari88 Ind￿1]￿ th)nath￿ in kiThl 89.083 48,753 The 8verag8 numLw of 8mph4•d bythe rt￿11ty duiirvJ the was as follchvg: 2022 No. 2021 No. Part41mo ernpkn P￿0 18 T18Ef WATCH IA Company Lknlt•d by Guar¥ntsg> NOTES TO THE FINANCIAL STATEMENT8 FOR ThE YEAR ENDED 31 IAARCH 2022 St•ff ¢¢￿ts (eontlnu•d) No employee received rnmunoration amounting to m(Ke than £60.IXWJ in eithar ywr. In additi'on to diraclty Contra￿ emtAoJw8. Tibet Walth relies on stsff time dwated by Free Tibet Campaign. OurlTrJ the year. ￿ trust60s re¢elved any Yemuneration or other bengfits (2021 . £NIU. Durlng the yEar ended 31 Marth 2022. M) trLMt•e expwses have been incurr8d (2021 . £NIL). 12. T•x•ll ribet Watch is a registwèd tharty aThJ is tthnllalty exempt from tax811on in re$r￿t of in(xJme and capital goin$ TO￿1Ved wthin ￿tagoneS o)vered by S￿tr.0n 505 of Ihe Taxes Act 1988 or Soction 256 of the Taxation of Chargeable Gaim Act 1992, to the extent that suth in￿rne or galns a￿ applied exclusively to chanta￿e purposes. 13. 2021 Du• wlthln on• y•ar PrepayTnents and ac￿￿1 income 1& Curr•nt Ms•t Investm•nts 2022 2021 Treasury Gilt8 9gA25 99,510 15. Cr•dltorn: Amounts falllng *thln one y•ar 2022 2021 0th8r credit 12,204 851 7,2(10 13,704 8,051 Pag8 17 TIBET WATCH (A Company Umlt•d by Guar*nts•l NOTES TO THE FINANCIAL STATEMEpTf8 FOR ThE YEAR ENDED 31 MARCH 2022 16. R•lat•d party hn••cth Two of tt18 Trustees of Tib81 Watch are also directors ol Free Tibet Campaign. Free Tlbgt provide$ administrative and management staff timo as 8 donation. At the >par oThJ fibet Wal¢h owed Free Tlbet Campaign £7.447 (2021: £1.736). Th• valu8 of 8taff timo overt￿•￿ h88 b8en (xkyjlated arKI rellected in finandal ¥talemenls as don•lions in klr¥J 8nd dlTe¢t chathblo oxpondtturn 48 Indlcatèd b81¢x. 2022 2021 Staff o)sts 5,928 12,174 8.865 9.$94 21.039 Page 18