||||Page| |---|---|---|---| |Report ofthe trustees|||1 to 6| |Report ofthe independent|auditors||7 to 9| |Consolidated
statement offinancial||activities|10| |Charity and consolidated|balance sheet||| |Consolidated
cash flow statement|||12| |Notes to the consolidated|cash flow|statement|13| |Notes to the consolidated|financial|statements|14to 27| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2022|2021| |---|---|---|---|---|---|---| ||||||Unrestricted|Total| ||||||fund|funds| |||||Notes||| |INCOME AND ENDOWMENTS||FROM||||| |Donations
and legacies|||||31,729,451|6,973,640| |Other trading
activities||||||| |Sales ofdonated products||||||2,010| |Commercial
trading operations|||||22,906&462|21,484,029| |Investment
income|||||2,293,521|1,321,709| |Total|||||56,929,434|29,781,388| |EXPENDITURE ON||||||| |Costs ofraising
funds||||||| |Consuercial
trading operations|||||23,898,407|21,222,415| |Charitable
activities||||||| |Grants
Other|||||1,226,722
~158&93|601,873
155,326| |Total|||||24,966,936|21,979,614| |Net posses)/gains
on investments||||||| |Unrealised
gains/(losses)|on fixed|asset investments||15|(738&520)|13,459| |Realised gains/(losses)
on|investment||property|16|101&365|| |NKf INCOME|||||31,325,343|7,815,233| |NEf MOVEMENT IN FUNDS|||||31@25343|7,815,233| |RECONCILIATION OFFUNDS||||||| |Total funds brought
forward||||23|40,561,298|32,746,065| |TOTAL FUNDS CARRIED FORWARD|||||71,886,641|45.561,298| ## ||||Group|Group|Charity|Charity| |---|---|---|---|---|---|---| ||||2022|2021|2022|2021| ||||Unrestricted|Unrestricted|Unrestricted|Unrestricted| ||||fund|fund|fund|fund| |||Notes||||E| |FIXEDASSEIS||||||| |Tangible assets||14|2,388,484|2,325,117|318,237|359,193| |Investments||||||| |Investments||15|10,797,401|39B,884|15,788,043|4,439,465| |Investment
property||16|21,840,000|22,680,000|21,840,000|22,680,000| ||||35,025,885|25,404,001|37,946,280|27,478,658| |CURRENT ASS EIS||||||| |Debtors: amounts|falling due within one|17|6,491,587|3,916,670|915,627|465,354| |year||||||| |Debtors: amounts
than one year|falling due atter more|18|30,597,573|4,134,927|31,592,882|4,134,927| |Stocks||20|2,859,638|3,001,422||| |Investments||19||4,245,346||4,245,346| |Cash at bank|||6,714,310|6,571,026|5,203,217|5,602,628| ||||46,663,108|21,869,391|37,711,726|14,448,255| |CREDITORS||||||| |Amounts
falling due within one year||21|(9,802,352)|(6,635,445)|(373,805)|(116,610)| |NEI' CURRENT ASSEIS|||36,860,756|15,233,946|37,337,921|14,331,645| |TOTAL ASS EI'S
LIAR~|LESSCURRENT||71,886,641|40,637,947|75,284,201|41,810,303| |Provision for liabilities||22||(76,649)||| |NEI' ASSEl'S|||71,886,641|40,561,298|75,284,201|41,810,303| |FUNDS||23||||| |Unrestricted
funds|||71,886,641|40,561,298|75,284,201|41,810,303| |TOTAL FUNDS|||71,886,641|40,561,298|75,284,201|41,810,303| ||||||2022|2021| |---|---|---|---|---|---|---| |||||Notes||| |Cash Boun from operating|activities|||||| |Cash generated
from operations|||||4,230,046|2,783,352| |Interest paid||||||(15,053)| |Net cash (used in)/provided|by operating||activities||4,230,046|2,768,299| |Cash fleas from investing|activities|||||| |Purchase oftangible
fixed
Sale ofinvestment
property|assets||||(429,957)
941,365|(274,956)| |Purchase offixed asset investments|||||(11,137,037)|(155,425)| |Rents and other income from investments|||||1,069,220|1,235,579| |Sale ofcurrent asset investments|||||4,245,346|600,000| |Interest received|||||1,144,000|261,625| |Dividends
received|||||80301|6,725| |Net cash used in investing|activities||||(4,086,762)|1,673,548| |Change in cash and cash equivalents
reporting
period||in the|||143,284|4,441,847| |Cash and cash equivalents
reporting
period|at the beginning||ofthe||6,571,026|2,129,179| |Cash and cash equivalents|at the end|ofthe||||| |reporting
period|||||6,714,310|6,571,026| ## ## |RECONCILIATION|OFN|EI'|INCOME|TO NET CASH FLOW FR|OM OPERATINGA|C~| |---|---|---|---|---|---|---| ||||||2022|2021| |Net income for the
financial activities)|reporting||period(as|per the Statement of|31,325,343|7,815,233| |Adjustments
for:||||||| |Depreciation
charges|||||366,590|377,356| |Finance costs||||||15,053| |Interest received|||||(1,144,000)|(261,625)| |Dividends
received|||||(80,301)|(6,725)| |Rent and other income from||investments|||(1,069,220)|(1,235,579)| |Donated asset|||||(28,028,214)|(4,058,211)| |Losses/(Gains)
on investments|||||738,520|(13,459)| |(Gains) on sale ofinvestment|||property||(101,365)|| |Gain/loss
on foreign|exchange||||(489,118)|| |(Increase)/decrease|in stocks||||141,784|(362,141)| |Decrease/(increase)|in debtors||||(375,876)|(126,056)| |Increase
in creditors|||||2,945,903|639,506| |Net cash (used in)/provided||by operations|||4,230,046|2,783,352| ## ||At 1.1.22|Cash flow|At31.12.22| |---|---|---|---| |Net cash|||| |Cash at bank|6,571,026|143,284|6,714,310| ||6,571)026|143,284|6,714,310| |Liquid resources|||| |Current assets investments|4,245,346|(4,245,346)|| ||10,816,372|(4,102,062)|6,714,310| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||2022|2021| |---|---|---|---| |Rents received||1,030,579|1,030,579| |Solar electricity|income|38&641|29,855| |Other fixed asset invest -FII||80,301|6,725| |Deposit account|interest|3,624|2,682| |Loan interest||1&100&956|75,143| |Bond interest||39420|176,725| |||2,293,521|1,321,709| ## |7.|GRANTS PAYABLE||||||| |---|---|---|---|---|---|---|---| ||The total grants paid|to institutions||during|the year was as foHows|(for details please|see note 26):| |||||||2022|2021| |||||||1,226,722|601,873| |8.|SUPPORT COSTS||||||| ||||||Finance|Other|Totals| ||Other resources
expended||||~489,118|289,969|~&99,&40| ||The breakdown ofsupport||costs is|shown|in the table below:||| ||Cost type|||||2022|2021| ||Hnance||||||| ||Foreign exchange losses|||||(489,118)|26,353| ||Other||||||| ||Rates &water
Insurance
Light &heat|||||13,980
921|15,780
4,099| ||Website costs|||||504|| ||Audit and accountancy
Legal and professional
fees
Bank charges
Consultancy
&management
Repairs &renewals||fees|||10,008
164,806
1,142
97,028|8,450
30,655
1,421
26,732
880| ||Travel &subsistence|||||1,580|| |||||||209,969|88,017| ## ## ## |||2022|2021| |---|---|---|---| |Auditors
remuneration
-parent charity
Depreciation
-owned assets -parent charity||4,500
40,956|2,200
40,956| |Expenditure
charged in subsidiary
companies:|||| |Depreciation
-owned assets
Auditors'
remuneration
-audit services
Auditors'remuneration
-non-audit
services
Opemting
lease rentals
—plant &manchinery
Stock recognised
as an expense during
the year||325,634
10,938
9,187
5,078
17,613,343|336,400
8,350
8,350
4,982
34.937499| |||30009,636|15,338,737| |EMPLOYEES AND DIRECTORS|||| |||2022|2021| |Wages and salaries
Social security costs
Otherpensions
costs||3,482,901
269,215
96,113|3,349,674
234,295
95,536| |||3,848,229|3,679303| |||2022|2021| |Directors' remuneration|||| ## |AVERAGENUMBER OFEMPLOYEES||||| |---|---|---|---|---| |Production
Warehouse
Sales &adnxnistration|2022|115
7
28|2021|84
6
28| |||150||330| ## ## ## |||Total| |---|---|---| |||funds| |INCOME AND ENDOWMENTS|FROM|| |Donations
and legacies||6,973,640| |Other trading
activities||| |Sales ofdonated products||2,010| |Commercial
trading operations||21,484,029| |Investment
income||1,321,709| |Total||29,781,388| |EXPENDITURE ON||| |Costs ofrai sing funds||| |Consncrcial
trading operations||21,222,415| |Charitable
activities||| |Grants||601,873| |Other||155,326| |Total||21,979,614| |Net gains on investments||13,459| |NEf INCOME||7,815,233| |RECONCILIATION OFFUNDS||| |Total funds brought forward||32,746,065| |TOTAL 144DS CARRIED FORWARD||46,662.298| ## ## ||Plant and|Fixtures|Motor|Office|| |---|---|---|---|---|---| ||Machinery|and Httings|Vehicles|Fstuipment|Totals| |COST|||||| |At I January
2022|3,966,123|341,862|16,495|120,783|4,445,263| |Additions|411,549|8,313||10,095|429,957| |At 31 December 2022|4,377,672|350,175|16,495|130,878|4,875)220| |DEPRECIATION|||||| |At I January
2022|1,855,565|169,486|11,602|83,493|2,120,146| |Charge for year|327,193|27,055|1,223|11,119|366,590| |At 31December 2022|2,182,758|196,541|12,825|94,612|2)486,736| |NEI' BOOKVALUE|||||| |At 31 December 2022|2,194,914|153,634|3,670|36,266|2,388,484| |At 31December 2021|2,110,558|172,376|4,893|37,290|2,325,117| ||||||Plant and| ||||||Machinery| ||||||f| |COST|||||| |At I January 2022 and|||||| |3i December 2022|||||530,395| |DEPRECIATION|||||| |At I January
2022|||||171,202| |Charge for year|||||40)956| |At 31December 2022|||||212,158| |NEI'BOOKVALUE|||||| |At 3i December 2022|||||318,237| |At 31December 2021|||||359,193| ## ## ||Listed|Unlisted|| |---|---|---|---| |GROUP|investments|investments|Totals| ||f||| |MARKEf VALUE|||| |At
1 January
2022|398,884||398,884| |Additions
Revaluations|11,137,037
~738520&||11,137,037
~730 020&| |At 31December 2022|10,797,401||10,797,401| |NEI' BOOKVALUE|||| |At 31December 2022|10,797,401||10,797,401| |At 31December 2021|398,884||398,884| ||Listed|Unlisted|| ||investments|investments|Totals| |MARKEf VALUE|||| |At
1 January
2022|398,884|4,040,581|4&439,465| |Additions|1,137,039|10,136,000|11,273,039| |Revaluations|75,539||70039| |At 31 December 2022|1611,~62|14 176,581|15788 043| |NEI' BOOKVALUE|||| |At 31 December 2022|1,611,462|14,176,581|15,788,043| |At 31 December 2021|398,884|4,040,581|4,439,465| ## ## ## ## ## ## ## ## |STOCKS||||||||| |---|---|---|---|---|---|---|---|---| ||||||Group||Charity|| |||||2022||2021|2022|2021| ||||||||8|| |Raw materials||||2,577,482||2,302,783||| |Finished goods||||282,156||698,639||| |||||2,859,638||3,001,422||| |CREDITORS||||||||| ||||||Group||Charity|| |||||2022||2021|2022|2021| ||||||||g|| |Trade creditors||||3600517||465,741||| |Social security|and|other taxes||59,207||55,872||| |VAT
Other creditors
Accrued expenses||||1,070,477
8,180,809
131342||665,722
5,312,367
135,743|348,747
16,500
8,558|91,660
16,500
8,450| |||||9,802,352||6,635,445|373,805|116,610| |PROVISIONS|FOR LIABILITIFS|||||||| ||||||Group||Charity|| |||||2022||2021|2022|2021| ||||||||6|| |Deferred taxation||||||76,649||| |Group||||||||| |||||||Deferred tax||| |Balance at I January||2022||||76,649||| |Credit to trading|subsidiary's||statement of|||||| |comprehensive|income|||||(76,649)||| |Balance at 31December 2022||||||||| ## ## ## ||||Net movement|| |---|---|---|---|---| |||At 1.1.22|in funds|At 31.12.22| |Unrestricted|funds|||| |General fund||40,547&839|32,063,863|72,611,702| |Revaluation|Reserve|13,459|(738&520)|(725&061)| |TOTAL FUNDS||40,561,298|31,325,343|71,886,641| |Net movemen|t
in funds, inc|luded
in th|e above are as|follows:||| |---|---|---|---|---|---|---| ||||||Other|| ||||Incoming|Resources|recognised|Movement| ||||resources|expended|gains/(losses)|in funds| |Unrestricted|funds|||||| |General fund|||56,929,434|(24,966,936)||31,962,498| |Revaluation|Reserve||||(637,155)|(637,155)| |TOTAL FUNDS|||56,929,434|~(24,966,936|~(637,&55|31325343| |Comparatives|for movement|in funds||||| ||||||Net movement|| |||||At 1.1.21|in funds|At 31.12.22| |Unrestricted|funds|||||| |General fund||||32,746,065|7,801,774|40,547,839| |Revaluation|Reserve||||13&459|13,459| |TOTAL FUNDS||||32,746,065|7,815,233|40,561,298| |Net movemen|t
in funds, includ|ed
in the above are as|follows:||| |---|---|---|---|---|---| |||||Other|| |||Incoming|Resources|recognised|Movement| |||resources|expended|gains/(losses)|in funds| |Unrestricted|funds||||| |General fund
Revaluation|Reserve|2(t&781&388|(21,979,614)|13,459|7,801,774
13&459| |TOTAL FUNDS||29,781,388|~3&,979,6(4|13,459|7,815,233| ## ||||||Group||Charity|| |---|---|---|---|---|---|---|---|---| ||||||2022|2021|2022|2021| ||||||f|||f| |The following|amounts|are included||in the|consolidated
statement offinancial activities:|||| |Entities with|trustees/directors||in|common||||| |Income investment
properties|||||800&000|800,000|1,005,000|1,005,000| |Solar electricity|||||38,641|29,855|38,641|29,855| |Sales ofdonated products|||||387|698|18,873|5,064| |Interest|||||1,100,953|75, i43|1,140,259|82,218| |Donations|||||2,860,000|2,901,813|2,860,000|2,901,813| |Donation ofasset|||||28,028,214|4,134,927|28,028 214|4334927| ||||||(32,828,195)|(7,942,436)|(33,090,987)|(8,158,877)| |Eatities with|key management||in common|||||| |Donations|||||840,000||840,000|| ||||||(840,000)||(840,000)|| |The following|amounts|are included||in the consolidated
and charity balance sheet:||||| |Entities
with|trustees/directors||in|common||||| |Loans owed to related||parties|||8,196,045|5,295,867||| |Loans owed by related||parties|||30,597,572|4,134,927|31,592,881|4,134,927| |Rent owed by related parties|||||560,000|80,000|560,000|80,000| |Sales|||||314&574|383,166||| |Purchas es|||||26,027|20,313||| |Trade balance|owed by related||parties||54600|26,636||| ||||||39,748,818|9,940,909||| ## ## ## |||Institution||| |---|---|---|---|---| |Synchronicity
Earth||||100,000| |Iswar Sankelp a||||78,328| |Anjali||||62,314| |Aajeevika Bureau Trust||||62,130| |Sound and Picture Archives|for Research on Women|||57,897| |Kolkata Sanved||||46,373| |Jeevika Development
Society||||45,121| |reFrame Institute ofArts and|Expression
Private Ltd|||44,508| |Thoughtshop
Foundation||||42,818| |Kislay||||39,142| |Sappho for Equality||||38,369| |Tatshi||||37,464| |Tribal Health Initiative||||35,764| |Vishaka Mahila Shiksha Avam Shoodh Samiti||||34,960| |Kotra Adivasi Sansthan||||32,177| |Rough Edges Arts and Media Private||Limited||31,860| |Gramin
Avam Samajik Vikas Sanstha||||30,783| |Peoples Training
and Research Centre||||28,423| |Zubaan
Publishers||||27,669| |Vatsalya Societies||||26,648| |YAKSHI||||25,846| |Sampada
Grameen
Mahila Sanstha||||25,445| |Mitra Technology
Foundation||||25,284| |ipartner India||||25,235| |Charkha||||24,064| |Autism Society West Bengal||||21,539| |Sama-Resource
Group for Women and Health||||16,950| |Jan Daksha Trust||||16,701| |BalUmang Drishya Sans tha||||16,655| |Foundation
for Social Trans formation||||15,750| |Sanatan
Unnayan
Sangstha
Social Action for Knowledge|Building|and Awareness|Raising|15,750
13,194| |Other international
grantees||||81,563|