CAIRItY Trustees, Annual Report for the period From Period start date To I Period end date 01 January 2023 31 December,, 2023 ' ection A Reference and administration details Charity namè A830ciation for Educational Development of the Under rivile Other names charity is known by AEDU Registered charity numb•r (if any) 1142552 Charity's principal address la Hardy Avenue Ruislip Middlesex HA4 6SU Names of the charity trustees Trustse ￿m• otnce {If Datss aetsd If not Nam¢ ol pgrson (or body) •ntitl•c any) far wholè y•ar to •ppolnt tnjstee lif any) 1 Mr Thambirajah Alageswararajah 2 Dr. Amirthalingam Baheetharan 3 Mr. Thebak Matthias Ehambaranathan 4 Mr Arumugam Gangeswaran 5 Miss. Thenuka Jegatheeswaram Pillai 6 Dr. Subathra Poopalasundaram 7 Mrs. Sambavi Sathiyamoorthy 8 Mr. Somasundaram Satkunananthan 9 Mr. Maheswaran Shankar 10 Mr. SarKJaravel Shankar 11 Mr. Thuraiappah Skanthakumar 12 Mr.Paramasamy Somasuntharam 13 Mr. Wilbert Wijayakanthan 16 16 17 18 19 20 Names of the Irustees for the Gharity, if any. Ifor example, any Custodlan trustee$> Name Dates actsd if not for whole ear ames and addresses of advisers (Optional informatlon) of adviser Name Address ame of chief executive or names of senior Staff members (Optional infomiation} Section B Structure, overnance and mana ement Dgscription of the charity's trusts Trusl Deed Type of goveming document How the charity 1$ Constituted eg li usl a&¢ Trust Trustee selection methods al)Dn￿nI&d b¥ elEcled I Appointed Additional govemance issues {Optional infomiation) You may choose to inGlud8 additional information, where relevant, about.. policies and procedures adopted for the induction and training of truslees., • the charity's organisational structure and any wider network with which the Charity works., relationship with any related parties,. trustees, consideration of major risks and the systern and procedures to manage them. Section C Ob"ectives and activities To relieve the financial hardship of children and youth by reason of loss of parents and or guardians in SRI LANKA, To advance the education of such disadvantaged children and youth. To provide youth with vocational education and training to acquire skills to earn a living Summary of the objects of the charity $et out in its governing document Summary ofthe main activities undertaken for the public bfrnefit In relatlon to these objects (include withln this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on publlc beneflt) We are mainly a donor organisation providing sponsors for the foster care project, administered by local AEDU organisations in Sri Lanka. We are devoted to the education and holistic development of orphans and other children traumatised and impoverished by the civil war. Initial focus on primary and secondary education, expanding to the tertiary sector,both academbc and vocational. Additional detall8 of objectlves and activities (Optional Infomialion) You may choose to include further statements. where relevant, about: policy on grantmaking., policy programme related investment" contribution made by volunteers. Section D Achievements and performance Summary ofthe main achlevements of the charlty durlng the year We have sponsored the education of nearly 5000 children since our launch in 2009. We funded the full-time education of 600 primary and secondary school children. 30 of our school leavers are engaged in University education and 15 students will complete their rnedical degrees by 2024. We funded the residential course for 9 Health Care Assistants in Batticaloa and 8 Gompleted the course and have secured full-time employment. We have opened study centres in many towns, providing extra classes for 01 A level students and also yr S scholarship pupils. They are free and operate at weekends and school holidays We have supported sew-employment schemes mainly for women, heading households.5 women were helped with start-ups for clay pot making, coconut oil extradion, tailoring and store keeping • we invested 5 Lakhs on procuring 5 shops to promotg retailing in Batticaloa,as part of the WE CAN movement under Our LIVELIHOOD ENHANCEMENT SCHEME nearly 20 women learned to make and market handicrafts made from waste products like coconut shells and wood cuts Sewing project in the Urani village,in Amparai has been suc￿Ssful in the training and marketing of tailored products 5 families in Vaharai, Trincomalee district have benefrted from our investment in irrigating and provision of 4112 acres of land and tools for Cultivation.. Section E Financial review Donation.. AEDU Trinco Sri Lanka £8,867 Donation.. AEDU Kilinochchi Sri Lanka £14,476 Donation: AEDU Mannar Sri Lanka £9,796 Donation: AEDU Amparai Sri Lanka £7,251 Donation: AEDU Mullaithivu Sri Lanka £4,612 Donation.. AEDU Jaffna Sri Lanka £6,547 Donation.. AEDU Batticaloa Sri Lanka £3,452 Brief ststernent of the charlty's pollcy on reserves Resetve funds are held to maintain payments to children without interruption to their studies, when sponsors are unable to meet Iheir payments. Funds are also held to meet unforeseen family circumstances needing extra funding. as during the pandemic. Reserve funds also enable us to SUPFQrt self-employment, livèlihood enhan￿ment projects Detalls of any funds materially in deficit None Further fir￿ncIal revlew details Ioptlonal Infomiation) You may choose to include additional information, where relevant about.. the charty's principal SoUr￿S of funds (inCI￿lng any fundraising); how expenditure has supported the key objectNes of the charity., • investment policy and objectives including any ethical investment policy adopted. Section F Other optional information Section G Declaration The trustees declare that they have approved the trustees, report above. Signed on bohalf of the charity's trustees Signaturels) Full name(s Mr Sangaravel Shankar Posltlon (eg Secretary, Chair. etc Treasurer Date 2811012024 ||**Association For Educational Development of**
**Underprivileged**|**Association For Educational Development of**
**Underprivileged**|**Association For Educational Development of**
**Underprivileged**|**1142552**|**1142552**|**1142552**|**CC16a**| |---|---|---|---|---|---|---|---| ||**For the period**
**from**|01-Jan-23|**To**||31-Dec-23
Period end date||| ||||||||| |**Section A Receipts and payments**|||||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**54,243**
**54,243**
**54,243**
**8,867**
**14,476**
**9,796**
**7,251**
**4,612**
**6,547**
**3,452**
**78**
**55,078**
**55,078**
**-835**
**26,633**
**25,798**|**Restricted**
**funds**
**to the nearest £**|**Endowment**
**funds**
**to the nearest £**||**Total funds**
**to the nearest £**
**54,243**
**-**
**54,243**
**54,243**
**8,867**
**14,476**
**9,796**
**7,251**
**4,612**
**6,547**
**3,452**
**78**
**55,078**
**55,078**
**-835**||**Last period**
**to the nearest £**| |Donations and Fundraisingevents - UK|**54,243**||||||**54,797**| |Gif Aid|||||||**9,151**| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| |**_Sub total_**_(Gross income for_
_AR)_|**54,243**||||||**63,948**| ||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||| ||||||||| ||||||||| |**_Sub total_**|||||||| |**_Total receipts_**
**A3 Payments**|||||||| ||||||||**63,948**| ||||||||| |Donation : AEDU Trinco Sri Lanka|**8,867**||||||**10,224**| |Donation : AEDU Kilinochchi Sri Lanka|**14,476**||||||**25,002**| |Donation : AEDU Mannar Sri Lanka|**9,796**||||||**9,108**| |Donation : AEDU Amparai Sri Lanka|**7,251**||||||**4,076**| |Donation : AEDU Mullaithivu Sri Lanka|**4,612**||||||**2,717**| |Donation : AEDU Jaffna Sri Lanka|**6,547**||||||**6,970**| |Donation : AEDU Batticaloa Sri Lanka|**3,452**||||||**1,902**| |MoneyTransfer Charges|**78**||||||**71**| ||||||||| ||||||||| ||||||||| |**_Sub total_**|**55,078**||||||**60,071**| ||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||| ||||||||| ||||||||| |**_Sub total_**|||||||| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||| ||||||||**60,071**| ||||||||| ||**-835**||||**-835**||**3,877**| ||||||||| ||**26,633**||||**26,633**||**22,756**| ||**25,798**||||**25,798**||**26,633**| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
**Details**
**Details**
Bank
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**to nearest £**
**25,798**
**25,798**
OK
**Unrestricted**
**funds**
**to nearest £**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**| |---|---|---| ||Signature|Print Name| |||Mr Shangaravel Shankar| Independent examiner's report on the accounts Se¢lion A Independent Examiner's Report Report to the trusteosl members of Assoclatlon for Educatlonal De￿19PMent of the Underprevlleged On accounts for the year ondod 31 December 2023 Charlty no (rfany) 1142552 Set out on pages Two Rospectiv8 The Charitys trustees are responsible for the preparation of th8 accounts. responslbllltles of The charity's trustees consider that an audit is not required for this year trustees and examiner under s8Ction 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibllity lo.. examine the a¢counts under section 145 of the Charf(ies Act. to follow the procedures laid down in the general Dir8Ctions given by the Charty Commission (under section 145{5)(b} of the Charities Ad, and to state whether particular matters have come to my att6nlion. Basis of indepond8nt My examination was carried out in accordance with gen8ral Dir8ciion5 given examinerfs statemant by the Charity Commission. An examination includes a review of the a¢countlng records kept by the charty and a comparison of the accounts presented with those records. It also indudes consideration of any unusual items or disclosurès in th8 accounts, and seeking explanations from the trustees conceming any su¢h matters. The procedures undertaken do not provide all the 8vid8nce that V￿uld be required in an audit. and consequenlly no opinion is given as to whether the accounts present a Irue and fairf view and th8 report is limited to those matters set out in the statement below. Independent In connection with my examination. no matter has com8 to my att8ntK)n •xamlner's statement (other than that disclosed below ') which gives me reasonable cause to believe that in. any material respect, the requirements.. to keep accounting records in accordance with sectlon 130 of the Charities Act., and to prepare accounts which accord wlth the accounting records and comply with the accounting requir8m8nts of the Chariiies A¢t have not been met; or 2. to which, in my opinion, attention should b8 drawn in order to enable a proper und8rstanding of thè accounts to be reached. Pl&as8 dg18te the words in the braGkgts rfthey do not apply. Signed: Date: 2811012024 Name: Accma Accountants Relevant professional qualification(s) or body (If any): Associated Chartered Certified A¢¢ountants 250 Linen Hall Address: 162 - 168 Regent Street London W1B 5TB Section B Disclosure Only compl8t8 if the examiner needs to highlight mateiial prob18ms.