## **Kili People Limited** **Charity No. 1151262** **Company No. 07702324** **Trustees' Report and Unaudited Accounts** **31 December 2021** **Kili People Limited Contents** ||Pages|| |---|---|---| |Trustees' Annual Report|2 to 3|| |Independent Examiner's Report||4| |Statement of Financial Activities||5| |Summary Income and Expenditure Account||6| |Balance Sheet||7| |Statement of Cash flows||8| |Notes to the Accounts|9 to|14| |Detailed Statement of Financial Activities|15 to|16| Page 1 **Kili People Limited Trustees Annual Report** The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 December 2021. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Company No. 07702324** ## **Charity No. 1151262** ## **Principal Office** 92 Wembley Park Drive Wembley HA9 8HW ## **Registered Office** 92 Wembley Park Drive Wembley HA9 8HW ## **Directors and Trustees** The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year: W.S. Francis (Appointed 1 July 2021) M. Ganeshamoorthy (Resigned 1 July 2021) V. Krishnapillai M. Paramalingam G. Ramanathan S. Ratnam T. Sivalingam S. Subramaniam ## **Company Secretary** S. Subramaniam ## **Accountants** Flexi Financial Accountants 250 Imperial Drive Harrow HA2 7HJ ## **OBJECTIVES AND ACTIVITIES** KILI PEOPLE help health, educational and economical needs who urge for their self-development in North and East cities in Sri Lanka. Gathering of Kilinochchi District People who lives in England and encouraging valuable relationship on next generation of Tamil People KILI PEOPLE works with local non-governmental organisation to establish all the projects in Sri Lanka. KILI PEOPLE has carried out following projects for the financial year. Page 2 Kill People Llmlted Tw5tees Annual tlepgrt Kill People sUPPOrted to Tamil Studies UK tD restart Tarnil Department In Ur*iver5ty of London. Kill People oryn15ed b18 alliance with 112 Tamll diaspora charity orgaAi8atlons io support Tamil 5tudles in UOL Carried out some Food relief pro8ram5 for affected people ifi north East districts by Covidl9. o￿aTrIstd some medical onlsfte sesslon for public about Covidl9. Inilialed Electric CrematorlLtm Xlllnochchi for whole dlstrlrt populatloj. This rteed talsed from ¢ovhg paTrdeml¢. Thls Project is expetting to conlinue in lollowing year as well. KILI PEOPLE initiated awareness program for Toad trèfflc regul#iions. There were many road accidents held with latk of arttswledge to drbvefs and pedestrians. Thls pro8ram wa5 ¢arrfed out speclally for school students. We continued 8reen world pro8¥am wlth I mlllion Trees and Seeds to plant On N&E of Sri Lanka undeythe Aame Df KARTPAKA PROJECT KIU PEOPLE hatl continued bike proiett for needed stvdÈr*iS who trèvelled from rernote vlll8ges wlth le5S transportat￿n. As usual we also carrled out stsmt foDd donatioft to some orphans Homes who are re8lStered hnd operated bv non-8overnmefital otxafjisailons in K41inochthi. Under MISSION FOR EDufATIQN KTII People have lacllitated to support educètlon on homeland studerrts. ACHJEVEMEifrs AND PERFORMAN¢£ We have tsr8anized the above yrolectg durlng the perlo4 alon8viith fesular projects. We are satisfied withihe proB￿S and completion ofthe wojects. The Trustees are responsiblè for keepln8 proper accouiittng records that disclose with reasonable accuracy at any time thefinantial pos¥tsoTr of the tharity and to enable them to ensure that the fiftaftcial sutements comply wrth the CompaAles Art 2L¥)6.The Trustee5 afe also responslble for 5afe8uafding the assets of th'e £harfty and hen￿la￿"Th8 reasonable step5 for the.prevent*on und deiectitsn of frdud and otheLirre¥ukritles. The above r*pon has been prftpared in accordan£e wtth the provislofis applicable to tompanies subj'ect to the small compahles, re8ime as set out In Pait 15 ofthe Companles Att 2C•)6ènd In 4crordance wlth the Chariiies SORPIFRS 1011. sIgn￿On bet¢bli'of th?bpard . 5. Subramaniam CtiMpanySecretary' 4"" 17 Septembpr2022... Kill People Limited Independent Examiners Report Independent Examiner's Report to the trustees of Kill People Limited I report to the charity trustees on my examination of the financial statements of Kill People Limited for the year ended 31 December 2021 which comprise the Statement of Financial Attivities. the Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related notes. Responsibilities and basls of report As the trustees of the charity land also its direttors for the purposes of company lawl you are responsible for the preparation of the financial Statements in accordance with the requirements of the Companies Act 2006 I'the 2006 Act. Having satisfied myself that the financial statements of the charity 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 charity's financial statements as carried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions 8iven by the Charity Commission under section 1451511bl of the 2011 Act. Independent examiner's statement I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that.. accounting records were not kept in accordance with seetion 386 of the 2006 Act,. or the financial statements do not accord with those records,. or the financial ststements do not comply with the accounting requirements under section 396 of the 2006 Att other than any requirement that the financial statements give a 'true and fair, view which is not a matter considered as part of an independent examination., or the financial statements have not been prepared in accordanee with the Charities SORP IFRS 1021. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this ￿port in order to enable a proper understanding of the financial statements to be reached. Mr A Ajitkumar IFA Flexi Financial Accountants 250 Imperial Drive Harrow HA2 7HJ 27 September 2022 Page 4 **Kili People Limited Statement of Financial Activities** ## **for the year ended 31 December 2021** |**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Charitable activities
5
**Total**
**Expenditure on:**
Charitable activities
6
Other
7
**Total**
Net gains on investments
**Net income**
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2021**
**£**
54,859
-|**Total funds**
**2021**
**£**
54,859
-|**Total funds**
**2020**
**£**
38,863
19,615| |---|---|---|---| ||54,859
45,614
1,733|54,859
45,614
1,733|58,478
48,680
1,828| ||47,347
-|47,347
-|50,508
-| ||7,512
-|7,512
-|7,970
-| ||7,512|7,512|7,970| ||7,512
10,019|7,512
10,019|7,970
2,049| ||17,531|17,531|10,019| Page 5 **Kili People Limited Summary Income and Expenditure Account** ## **for the year ended 31 December 2021** |Income
**Gross income for the year**
Expenditure
**Total expenditure for the year**
Net income before tax for the year
**Net income for the year**|**2021**
**£**
54,859
54,859
47,347
47,347
7,512
7,512|**2020**
**£**
58,478| |---|---|---| |||58,478| |||50,508| |||50,508| |||7,970| |||7,970| Page 6 Kill People Limited Balance Sheet at 31 December 2021 Company No. 07702324 Notes 2021 2020 Current assets Debtors Cash at bank and in hand 550 17,003 17,553 1221 17,531 550 9,491 10,041 122 10,019 Credttors: Amount falling due within one year Net current assets io Total assets less current liabilities 17,531 10.019 Net assets excluding pension asset or liability 17,531 10,019 Total net assets 17,531 10,019 The funds of the charitv Restrirted funds li Vnrestrlcted funds General funds li 17.531 10,019 17,531 10,019 Reserves li Total funds 17,531 10,019 These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. For the year ended 31 December 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordarice with section 476 of the Companie5 Act 2006. The dirertors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the board on 27 September 2022 And signed on it5 behalf bv: G. Ramanathan Trustee 27 September 2022 Page 7 **Kili People Limited Statement of Cash flows** ## **for the year ended 31 December 2021** |**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Increase in trade and other receivables
Decrease in trade and other payables
**Net cash provided by operating activities**
**Net cash from investing activities**
**Net cash from financing activities**
**Net increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**
**Components of cash and cash equivalents**
Cash and bank balances|**2021**
**£**
7,512
-
-
7,512
-
-
7,512
9,491
17,003
17,003
17,003|**2020**
**£**
7,970
(500)
(238)| |---|---|---| |||7,232| |||-| |||| |||-| |||| |||7,232| |||2,259| |||9,491| |||| |||9,491| |||| |||9,491| Page 8 **Kili People Limited Notes to the Accounts** ## **for the year ended 31 December 2021** - 1 **Accounting policies** ## **Basis of preparation** 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) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ## **Change in basis of accounting or to previous accounts** There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. ## **Fund accounting** - Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. - Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. - Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. ## **Income** - Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. - Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. - Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets Page 9 **Kili People Limited Notes to the Accounts** ## **Expenditure** - Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. - Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. - Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. - Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. - Other expenditure These are support costs not allocated to a particular activity. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Freehold investment property** Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise. ## **Stocks** Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market. ## **Trade and other 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. ## **Cash and cash equivalents** Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. ## **Trade and other creditors** Short term creditors are measured at the transaction price. Other 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. Page 10 **Kili People Limited Notes to the Accounts** ## **Research and development** Expenditure on research and development is written off in the year in which it is incurred. ## **Foreign currencies** Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arriving at net income/expenditure. ## **Leased assets** Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases. Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis. ## **Pension costs** The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. ## **Receipt of donated goods, facilities and services** All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity. ## 2 **Company status** The company is a private company limited by guarantee and consequently does not have share capital. Page 11 **Kili People Limited Notes to the Accounts** ## 3 **Statement of Financial Activities - prior year** |**Income and endowments from:**
Donations and legacies
Charitable activities
**Total**
**Expenditure on:**
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
Donations/Charity
Box/HMRC Gift aid
Family Support/Covid 19
support/Nambikkai Project
Mission for Education and
Support
Karpaga Project/Flood Relief|**Unrestricted**
**£**
9,727
33,302
5,340
6,490
54,859|**Unrestricted**
**funds**
**2020**
**£**
38,863
19,615
58,478
48,680
1,828
50,508
7,970
7,970
7,970
2,049
10,019
**Total**
**2021**
**£**
9,727
33,302
5,340
6,490
54,859|**Total funds**
**2020**
**£**
38,863
19,615| |---|---|---|---| ||||58,478
48,680
1,828| ||||50,508| ||||7,970| ||||7,970| ||||7,970
2,049| ||||10,019| ||||**Total**
**2020**
**£**
2,891
30,822
3,400
1,750| ||||38,863| Page 12 **Kili People Limited Notes to the Accounts** 5 **Income from charitable activities** |Other Projects
Bike For Students/Events
Family Support and SOAS
Flood Relief/Covid 19/Drama
Support
6
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Other Projects
Bike For Students/Events
Family Support and SOAS
Flood Relief/Covid 19/Drama
Support
_Governance costs_
7
**Other expenditure**
Employee costs
General administrative costs
8
**Staff costs**
No employee received emoluments in excess of £60,000.
9
**Debtors**
Prepayments and accrued income|**Unrestricted**
**£**
11,978
17,012
16,624
-
45,614
**Unrestricted**
**£**
-
1,733
1,733
**2021**
**£**
550
550|**Total**
**2021**
**£**
-
-
-
-
-
**Total**
**2021**
**£**
11,978
17,012
16,624
-
45,614
**Total**
**2021**
**£**
-
1,733
1,733|**Total**
**2020**
**£**
8,256
7,863
3,026
470| |---|---|---|---| ||||19,615| ||||**Total**
**2020**
**£**
19,111
-
-
29,569| ||||48,680| ||||**Total**
**2020**
**£**
204
1,624| ||||1,828| ||||**2020**
**£**
550| ||||550| Page 13 **Kili People Limited Notes to the Accounts** ## 10 **Creditors:** amounts falling due within one year |Accruals
11 **Movement in funds**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
**Total funds**
12 **Analysis of net assets between funds**
Net current assets
13 **Reconciliation of net debt**
Cash and cash equivalents
Net debt|**At 1 January**
**2021**
10,019
10,019|**2021**
**£**
22
22
**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
54,859
54,859
**At 1 January**
**2021**
**£**|**Resources**
**expended**
**£**
(47,347)
(47,347)
**Unrestricted**
**funds**
**£**
17,531
17,531
**Cash flows**
**£**|**2020**
**£**
22| |---|---|---|---|---| |||||22| |||||**At 31**
**December**
**2021**
**£**
17,531| |||||17,531| |||||**Total**
**£**
17,531| |||||17,531| |||||**At 31**
**December**
**2021**
**£**| |||9,491|7,512|17,003| |||9,491
9,491|7,512
7,512|17,003| |||||17,003| |14 **Related party disclosures**
**_Controlling party_**||||| Page 14 **Kili People Limited Detailed Statement of Financial Activities** ## **for the year ended 31 December 2021** |**Income and endowments**
**from:**
Donations and legacies
Donations/Charity Box/HMRC
Gift aid
Family Support/Covid 19
support/Nambikkai Project
Mission for Education and
Support
Karpaga Project/Flood Relief
Charitable activities
Other Projects
Bike For Students/Events
Family Support and SOAS
Flood Relief/Covid 19/Drama
Support
**Total income and**
**endowments**
**Expenditure on:**
Charitable activities
Other Projects
Bike For Students/Events
Family Support and SOAS
Flood Relief/Covid 19/Drama
Support
**Total of expenditure on**
**charitable activities**
Temporary staff
General administrative costs,
including depreciation and
amortisation
Bank charges
Software, IT support and
related costs
Subscriptions|**Unrestricted**
**funds**
**2021**
**£**
9,727
33,302
5,340
6,490
54,859
-
-
-
-
-
54,859
11,978
17,012
16,624
-
45,614
45,614
-
-
1,615
105
13
1,733|**Total funds**
**2021**
**£**
9,727
33,302
5,340
6,490
54,859
-
-
-
-
-
54,859
11,978
17,012
16,624
-
45,614
45,614
-
-
1,615
105
13
1,733|**Total funds**
**2020**
**£**
2,891
30,822
3,400
1,750| |---|---|---|---| ||||38,863| ||||8,256
7,863
3,026
470| ||||19,615| ||||58,478
19,111
-
-
29,569| ||||48,680| ||||48,680
204| ||||204| ||||1,487
137
-| ||||1,624| Page 15 ## **Kili People Limited Detailed Statement of Financial Activities** |**Kili People Limited**
**Detailed Statement of Financial Activities**|||| |---|---|---|---| |**Total of expenditure of other**
**costs**
**Total expenditure**
Net gains on investments
**Net income**
**Net income before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|1,733
47,347
-
7,512
7,512
-
7,512
10,019
17,531|1,733
47,347
-
7,512
7,512
-
7,512
10,019
17,531|1,828| ||||50,508
-| ||||7,970| ||||7,970
-| ||||7,970| ||||2,049| ||||10,019| Page 16