REGISTERED COMPANY NUMBER: 07581341 (England Wales) REGISTERED CHARITY NUMBER.. 114i318 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR BLOSSOI¥I TRUST Acciira Accountants Ltd Langley House 53 Theobald Strcet Borchamwood WD6 4RT
BLOSSOM TRUST Co1[ElrS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IMARCH 2025 Pgge Report of the Trllstets Independent ExAminer's Report Statement of Financial Activitie5 Balance Sheet Notes to the Finantial Statement5 7 to 10 Detsited Statement of Financial Activities
BLOSSOM TRugr REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustees who ar¢ also directors of the charity for the purpose5 of the Companies Act 21106. presetit tlieir report with the financial statem¢llts of the charity for tlie year ended 31 Marcli 2025. Tlie trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of R¢comrn¢ndEd Practice applicable to chaTitie5 preparillu their accounts in a¢¢ordance with the Financial Reporting Standard applicabl¢ in the UK and Republic of Ireland IFRS 1021 {¢ffective l January 20191. OBJECTJVES AND ACTIVITIES Objectives and aims The main obj¢¢tive of the charity is empowering utiderprivil¢ged students to overcome barriers and achieve their fiill potential through acressible education and dedicated support. Blossom Trust launched its Gradiiatc Support Scheme in 2014. forging partnerships with the welfare services of Jaffija UniveT5ity atjd the sMdents' Union of Eastern University. Candidates are s¢l¢¢ted through a rii¥orous proces5 over5e¢n by university registrars and sllbseqllently approved by the trustees of Blossom Trust. Sin¢¢ its iDc¢ption, the number of Students benefiting fron] the s¢heme has grown steadtly. At present, BIos50m T1 support5 a total of 157 Sludents-. 97 from the Ulliv¢rsity of Jaffna150 at the Jaffna premises and 47 at tlie Faculty of En£ineertng iii Kilinochchil, 59 froni Eastern UniveTSity, and l from the University of Moratuwa. These students pursu¢ diver5¢ range of disciplines, includsn8 fvlanagement. Nursiiig, Phamiacy, Engineerin& Agriculture. Law. Commerce. Medicin¢. and Science. Unicom TIC is an IT tutorinu centr¢ based in Jaffn4 Sri Lanka provide 9 months industry-ready IT skill development courses for deterniii)ed individua15 th a pa5SiOtL ftsr innovative te¢hnology skills. re(pardle55 of their background. They empow¢r aiid cquip 5tud¢Dts who will undergo workshops and attend iiitervi¢ws conducted regionally. Selected students will then participate in the certificate ar)d diploTna program, witli guaranteed job placeintnts on successfi]I completiott of the course. As this course l5 likely to provide life changing job opportunities, BIos50m Trust with the help of many 5ponsor5, provided financial support to 90 studcnts io take care of their boarding atld lodging facslities. Further details abollt the Blossom Tr* can be found in their website ww.blossomtrust.org.uk. ACHIEVEfwlENTS AND PERFORMANCE Charitoble activitie5 Dui'ing th¢ year the rompany made doDatEons as follows.. £13,46412024.. £15,96 L) to Etern University. £12,62412024.. £I2,9111 to laffna University. £Nil12024.. £2741 to Batticoala Project Management. £Nil l?024.. £1441 to Wonien Empowermertt. £Nil12024- £1,174) to Satjdiply School Archway ProjecL £Nil {20?4.. £6991 to Manikkavasagar Boys Home, £37812024= £3681 lo Moratuwa [ediCal Student Financial Support Scheme. £12612024-. £2.0451 io Remejnbrance Food Distribution, £4.16612024.. 2,672110 Adhoc education support, £11,690 (2024.. £7,724) Killinochi Jaffiia Uni- Financial 5UPPOrt s¢heme, £1301?0?4.. £?.9081 to Commuiiiry Well - Vaddavan. Batticoala, £25.034 (2024.. £Nill to UDicoTh-Fittancial Support. £1,215 12094.. £Nil) to Mindsight-P5ychologi¢al suppon FINANCIAL REVIEW Financial position In¢oming resources increased from £59.506 in 2024 to £71.31) this year. Total exp¢nd3ttir¢ in¢i¢dsed from £48,871 in 2024 to £71.660 for the curr¢nt year. Th¢ above factor5 resulted in a defjtit of £345 for the Cellt year aInst a surplus of £10,6)5 for the year ending 3 1 March 20?4. The net ass¢ts of the company as at 3 1 March 2025 amountcd to £81,93412024.. £82.279}
BLOSSOM TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 TARCH 2025 FINANCIAL REVIEW Prineipgl funding sources Doiiations have be¢n used to assist with the company'5 charitable aims. Reserves poliry It is the policy of the ¢hariry to maintain unrestricted funds. which are free reserves of the charity, at a level which the trustees think appropriate after ¢on5idering the fi]ture commitmetjts of the charity and the likely administrative c05t5 of the charity for the next year. The tnist's r¢s¢rv¢ poli¢y 15 to keep reserves to a minimum, whilst ensuring it has suffA¢ient reserves to cover anticipated expenditure for a six rnonth period. The reser¥es ¢urretttly stand at £81,9J4 and the Trustees are considering a number of projects to support this. STRucfuRE, GOVERNANCE AND MANAGEMENr Governinu do¢umcnt The cliarity is controlled by its governing do¢uiMent, a deed of trust. and constitute5 a limited ¢ompany, limited by guarantee, as defined bv the Companies Act 2006. Re¢rllitm¢nt and 2PPOlntment of new trustees The trustee5 are elected by the m¢tnbers of Ihe organisation at the Antlual G¢lleral meeting. The tn]stees have the power to ¢o-opi persons with & particular skill to coJthbute to th¢ compaiiy. It is not currently the intention olthe trustees of the charity to appoint new tru5te¢5. Should this sitllation chanoc in the future. tbe trustees will apply siiilable recruitment and trainino procedures. RRsk management The trustees liav¢ a duty to identify and revieiv the risks lo Mhich the charsty L5 exposed and to ettsure appropriate conirols are in place to provide reasonable as5uranc¢ agaiiist fraud and error. REFERENCE AD ADMINISTIL4TIVE DETAILS Regi5teTtd Ctsmp#nv number 07581341 (England and Wales) Registered Chirity numb¢r 1145318 Registered office 3 la Brand Ville Garden5 Ilford Essex IG6 IJG Trustee5 A Kanagasabai Technical Consultant N Selvakumar Accountant V Senathirajah Majiager W Shantliaruban c.e.o R Veerasingam Neshakar Accountant Independent Examiner G Ch2jet BA (Honsl FCA A¢¢ura A¢¢ouiitants Ltd Langley House 53 Theobald Street Borehamwood WD6 4RT Approved by order of the board of trustees on 19 December 2025 and siJ(p ed on its b¢half by..
BILISSO.Y TRUST REPORT OF TRtiSTEES FOKTHK YEokRENDED 31 LCHI25 N selvak7j. TEuste¢ Pa8e 3
llNDEPENDEr EXAMINER'S REPORT TO THE TRUSTEES OF BLOSSOM TRUST Independent examiner's report to the trustees of Blossom Trust {'the Company,) I report to the charity trustees oty my examsnation of the ac¢ounts of the Company for the year ended 31 March 2025. Respon5ibilTties #nd basis of report As the charity's trustees of the Company land also its director5 for t]ie purposes of company laivl you are responsible for the prepara¢ion of the accounts in accordanGe the requirements of the Compartses Act 20061'the 2006 Act,). Having satisfied my5¢1f that the accounts of the Compaiiy are noi required to be audited under Part 16 of the 2006 Act a2]d are eligible for independent ¢xaTniiiatitsn, I report in resp¢ct of my exaTnination of your charity'5 a¢¢ounts as Carried out under Section 145 of the Charities Act 2011 {'the 2011 ACVI. In carrying out my examination I have followed the Directions (piven by th¢ Charity Commission und¢r Section 145(51 Ib) of the 2011 Act. Independent exaltr,$ stAtenkent I have complettd my examination. I confiiyn that no matters haye come to Eny attention in connectLOll Wlth the examination giving me caus¢ to believe.. accourtting records were not kept in respect tsf the Company as required by Se¢iion 386 of the ?006 Act; or the accounts do not a¢¢ord with those records: or the a¢counts do not cojnply with the atcollnting requirements of Section 396 of the 2006 Act other thatl any requir¢in¢tJt that the account5 give a true and fair view which is not a matter Considered as part of all iiidependent examination,. or the a¢¢ounts have not been prepad ID accordance with the methods and principles of tlie Statement of Recotniiieiided PractÈce for accounting and reporting by ¢harities (applicable to charities prepartng dieir accounts in oceordancc wth the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 1021}. I h#v¢ no ¢oncerns and have come across no other matters in COllll¢Gtion with the examination to which att¢ntiotJ should be drawn in this report in order to enable a proper uDderstattding of the accounts to be reached. ACCURA ACCOUN7ANfS LIMrrED LAP4GLfY IIOUSE 53 ThEOBALD $llEr BORErtAMWQOD WD6 4RT TEL. 02Q 8444 2000 G Chajet BA {Hons) FCA Accura Accountant5 Ltd Langley House 53 Theobald Street Borehamwood WD6 4RT 19 Decelnber 2025 Page 4
BLOSSOM TRUST STATEMENT OF FINANCIAL AcfivITIES FOR THE YEAR ENDED31 MARCH 2025 31.3.25 Unrestricted fund 31.3.24 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 69,833 58,697 Investment income 1.482 809 Total 71.315 59.506 EXPENDITURE ON Raising fiinds I,ioo 1.791 Charitable a¢tiviti¢s General fund 70,167 47,080 Otl)ei 393 Total 71.660 48,871 NET INCOMEI{EXPEP4DITURE) {3451 10,635 RECONCILIATION OF FUNDS Total tt0$ brought forward 82,279 71,644 TOTAL FUNDS CARRIED FORWARD 81,9i4 The notes form part of these financial statements Pag¢ 5
BLOSSOM TRUST BALANCESHEET 31 MARCH3O25 31.32S 31.324 rol 83Jl4 82,519 CREDITORS 11,380} 1240) 81934 82.279 81934 82,279 81.934 82279 UllT¢StriCtedfuAd& 81,934 81279 81934 82,279 ThE cbaritabl¢ comp&tty 18 ¢lltit to ctt01Lfroth wditullder Sccboo 477 of the A¢t 2006 for Ehe year eth31 MBtGh2025. 112e IL%Ve zot rtyula th¢ ¢on]P2lly to obteity ary awJ2t of its tb]#llciDI Sleettts for the year ended 31 m[h 2D25 i1cCOrdnee pridkSecholl476 ofth¢ Conw.•AGt2S. Th0trth5 4ckrJDWC thejrr¢sp[)DThli ities for (&) cnsuriiJ8 that th¢ eknitabl¢ keepS accotI¥ r#ordg tb8t romply Scctiong 386 and 387 of thB zopaDi<sAct2006 and tb} pwarAng finG1&I sl&trments which ÈLVE u ttue and fair viewof of athiEsof the th2ritsble COmPAty al tbo of eacb year and of its wlus OT d¢ficiE for ta¢h fiDcial yeHr 40¢¢ with t requireiwts of Seetio]Lq 394 And 395 and which othetwist Gorylywith tho requircrti of the comp2$ Act 2006 Je]atmRto fjllanciai 5tts, sll 2s applicable to thcchantsble¢D]llpaoy. ststemellts hove be¢ll pryat*J in xcotdauc¢ tbe ptDViSi00s applicBbk ty ¢bRUtabl¢ (lpaleY The fthstteial statsts wer¢ apWV by thtt Boord of and ablhDti5ed on 19 IkEer 2Q25 wety$i8nedoa E<b8Jfby.' NSelv?kn.Tj&tec TrJotrsfonnpthofthcseftWCi91ststrtsLents
BLOSSOM TRUST NOTES TO THE FINANCIAL STATElwlENTS FOR THE YEAR ENDED 31 MARCH 202S ACCOUNTING POLICIES Basis of prepAring the financial statement5 The fiiiancial statements of the charitable eompany, which is a public benefit entity under FRS 102. have been prepad in accordanc¢ Mith the Charities SORP {FRS 1021 'A¢¢tsunting and Reponing by C]rities-. Siatem¢nt of Recomniended Practic¢ applicable to charitie5 prepaTing their accounts in a¢cordan¢¢ wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102} (effective l January ?019}', Financi21 Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Companie5 Act 2006. The fJrHnciaJ 5tatetn¢nt5 havE been pi¢paTed under the historical rost convention. The irustees are of the opinion that the charity will receive incoming funds and structure it costs over Éhe nexE I2 month. They are therefore of the opinion that the charity is a going concern. Income All income is recognised in the Statement of Financial Adivities onc¢ the Charity has entiilement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or ¢onsiru¢tive obligation committittg the charity to that expenditure. it is probable that a transfer of economic b¢n¢fits Mill be required in settl¢m¢nt and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under heading5 that ag(Tregale all cost T¢lat¢d to the category. Where ¢osts ¢annot be dire¢tly aitributed to particular headings they have been allocated to activities on a basis consistent witli the use of resovr¢¢s_ T2tIon The charity is exempt from ¢oryoration tax on ils Charitable activities. Fund aecountRng Unrestricted funds ¢an be used in accordaoce with the charttable objeetives at the discretion of the tnttes. R¢stri¢ted fut]ds can only be llsed for particular restricted piirposes within the objects of the charity. Restrictions aris¢ when 5perified by th¢ donor tsr when funds are raised fvr parti¢u12r re$tri¢ted puryoses. Fllrther explanation of the nature and purpose of each fvnd is included in the notes to the financial statetnents. INVESTMENT INCOME 31.3.25 il.3.24 Interest receivable 1,482 809 TRUSTEES, REMLINEIUTION AND BENEFITS There ere no truste¢s' remuneration or other benefits for the year ended 31 March 20?5 nor for the year ended 31 Marcli 2024. Tru5tee5' expenses There were no trustees, expenses paid forthe year ended 31 March 2025 nor for the year elided il Nqarcli 20?4. Page 7 coiitinued...
BLOSSOM TRUST NOTES TO THE FINANCIAL STATEMEKtS- continued FOR THE YEAR ENDED 31 MARCH 202 STAFF COSTS The average monthly number of employees during the year was as follows.. il.3.25 3 1.3.24 No employees received emoluments exce55 of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL A1VITIEs Unrestricted flind INCOME AND ENDOWMENTS FROM Donations and legacies 58,697 Investment income 809 Totgl 59.506 EXPENDITURE ON Raising funds 1.791 Charitable activities General fund 47.080 Total 48,871 NET INCOME 10,635 RECONCILIATIOTrI OF FUNDS Toial funds broii4ht forward 71,644 TOTAL FUTrIDS CARIUED FORWARD 82,279 coniinued...
BLOSSOM TRUST NOTES TO THE FINANCIAL STATEf*iENTS- continued FOR THE YEAR LNDED 31 MARCH 2025 CREDITORS: AMOUlYtS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Other Creditors Accrued expen5e5 ,140 240 240 1,380 240 MOVEMENT Ir4 FUNDS Net movement in funds At 1.4.24 At)l.J.25 Unrestricted funds General fund 82,279 13451 81,934 TOTAL FUTr4DS 82.279 1345) 81,934 Net movenient in funds. included in lh¢ above are as follows= Incoming re50UTce5 Resour¢¢s expended Movemetjt in fui)d$ Unrestricted funds Geiieral fund 71.315 (71,660} 13451 TOTAL FUNDS (71.6601 13451 Comparative$ for movement in funds Net movemtllt in furtds At 1.4.2i At 31.3.24 Unrestricted funds General fund 71,644 10.635 82,279 TOTAL FUNDS 71,644 10,635 82,279 Comparative net nioveineiit in funds, in¢lud¢d in the above are follows.. Incoming resources Resources expended Movement li) fijnds UnrestrRtted funds Gener21 fwid 59,506 {48.8711 10,635 TOTAL FUNDS 59.i06 (48.8711 10,635 Page 9 coiittnued...
BLOSSOM TRUST NOTES TO THE FINANCIAL STATE.NIENTS- contlnued FOR THE YEAR ETr4DED 31 MARCH 2025 MOVEMENT IN FUNDS- continued A eurrent year 12 tnonths and prior year 12 months combined p05jriOll 15 as follows.. Net movement in funds At 1.4.?3 At31.3.25 Unrestricted fund5 General futtd 71,644 10.290 81,934 TOTAL FUNDS 71,644 10.290 81.9i4 A current year 12 month5 and prior year 12 months combined net niovement in funds, in¢luded in the above are as follows.. Incoming resources Resources expended Movement in fund5 Utsre$trlrted funds General fillid 130,821 1120,5311 10,290 TOTAL FUNDS 130,821 (120,5i11 10.290 RELATED PARTY DISCLOSURES None of th¢ Trustees receive any remuneration for their s¢Nces OT reimburs¢m¢nt of expenses. N S¢lvakuma a tyLtee is also a director of London Conv¢nien¢¢ Stores Ltd a company.Diirin(p the year, London Convenience Stores Ltd paid atcouniattcy fees of £1,140 12024 .. £nili on behalf of the charitable company. At the ba1ce she¢t date, an olint of £1,140 was oived by the charitable conipany to London Convenience Stores Ltd. The balanc¢ is unsecllred, interest-free and repayable on demand.
BLOSSOM TRUST DETAILED STATEMENT OF FINANCIAL ACTIvfFIES FOR THE YEAR ENDED 31 MARCH 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS DonAtions and legacies Donations Gift aid 69,833 55,705 2,992 69,833 58,697 Investment income Interest receivable 1.482 809 Total itlcoming resourre$ 59,506 EXPENDrruRE Raising donations and legaeies Costs of generating voluntary lllcome I,ioo 1.791 CharÉtAble aetivities Easteni Univ¢TSlty- Bursaries Jaffna University Bursarie5 Mayavaiioor & Konavil Women Empowernieiit anikkavasagar Boys home Sandilipillai School Arch Proje¢t Morattiwa medical student financial sypport sch¢ThE Project inv¢5tigation & implementation c05t Remcmbranc¢ food distribution Adho¢ education support Community W¢ll- Vaddavan. Batti¢oala Killinoclu- Jaffna Uni- Financial support scheme Unicorn . Financial Support for MindsiJn t- Psychological supp 13,464 12,624 15,961 12.911 699 1.174 378 368 274 ?,045 2,672 2,908 126 4,166 130 11,690 25.034 1,215 7,724 68.827 46,880 Support ¢o$ts Gfjvtrrtante tost5 Accountancy fees Professiotjal fees Website & Computer costs 1,260 393 80 120 80 .733 200 Total resources expended 71,660 48.871 Net {expendithrelliNcome This paue does not fom part of the statutory finallcial statements Patse 11