2020-09-30-accounts

		Pages
Trustees' Annual Report		2to3
independent Examiner's	Report
Statement of Financial Activities
Balance Sheet
Notes tothe Accounts		7to 13
Statement ofCash flows		14
Detailed Statement ofFinancial Activities		15to 16

Thotugamuwa School	School meals provided to250children Private lessons	(when	school open)
Seenigama School	Private Lessons
Hope Pre-school	Private lessons
Hope Project	Private lessons
Mind garden	Private lessons
Disabled school	Private lessons
Akkarravisa school	Private lessons
Sports Development	Limited dasses due to COVID-19
TextilesI Design
Outfitters	Umited dothes
Palm Project	Introduction ofnew patterns
Hope Project	Distribution ofdry food rations (in partnership		with RMFSrl Lanka)
Community Development
School lunch scheme	Free school lunches for 150students
	COVID-19 emergency food support for	100families (in partnership		with Sahas)
Volunteer Support
Financial Support	Finandally supported 4young adults tovolunteer overseas in Srl Lanka or Nepal

		Unrestricte
		d funds	Totalfunds	Totalfunds
		2020	2020	2019
	Notes	f	f	f
Income and endowments
from:
Charitable activities		27,382	27,382	57,213
Total		27,382	27,382	57,213
Expenditure on:
Raising funds		7,204	7,204	11,362
Charitable activities		5,329	5,329	39,685
Other		16,798	16,798	16,538
Total		29,331	29,331	67,585
Net gains on investments
Net expenditure		(1,949)	(1,949)	(10,372)
Transfers between funds
Net expenditure before other gains/(losses)		(1,949)	(1,949)	(10,372)
Other gains and losses
Net movement in funds		(1,949)	(1,949)	(10,372)
Reconciliation offunds:
Total funds brought forward		42,253	42,253	52,625
Total funds carried forward		40,304	40,304	42,253

.			2020	2019
Fixed assets			f	E
Tangible assets		9	423
			423	563
Current assets
Debtors Cash at bank and in hand		10	3,436 37,923	1,568 42,156
Creditors: Amount	falling due within one year	11	41,394 (1,483)	43,724 (2,034)
Net current assets			39,881	41,690
Total assets less current liabilities			40,304	42,253
Net assets exduding pension asset or liability
Total net assets				42,293
Restricted funds		12
Unrestricted funds		12
General funds				42,253
				42,253

last year and no chan	last year and no chan	last year and no chan	last year and no chan	ges have been made to accounts for previous years.
Fund accounting
Unrestricted		funds		These are available for use atthe discretion ofthe trustees		in furtherance			of	the
				general objects ofthe 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 ofinvestment assets at their market values.
Restricted	funds			These are available for use subject to restrictions imposed		by the donor		or	through
				terms ofan 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 ofgrants, donations	and gifts is included in						the
legacies				the SoFA when receivable and only when the Charity has		unconditional
				entitlement tothe 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 tothe Charity is reasonably quantifiable,		measurable		and
				material.
Volunteer	help			The value ofany 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 ofthe year.
assets
Gains/(losses)			on	This includes any gain or loss on the sale ofinvestments.
investment		assets

Expenditure	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 ofthe 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 ofits activities and
charitable	activities		services in the furtherance ofits objects,	including the making	ofgrants 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 ofthe Charity, including any audit/independent		examination fees,
			costs linked tothe strategic management	ofthe Charity, together with a share of
			other administration costs.
Other expenditure			These are support costs not allocated to a particular activity.

2 Statement ofFinancial	Activities - prior year
		Unrestricted
		funds	Total funds
		2019	2019
Income and endowments	from:
Charitable activities		57,213	57,213
Total		57,213	57,213
Expenditure on:
Raising funds		11,362	11,362
Charitable activities		39,685	39,685
Other		16,538	16,538
Total		67,585	67,585
Net income		(10,372)	(10,372)
Net income before other gains/(losses)		(10,372)	(10,372)
Other gains and losses:
Net movement in funds		(10,372)	(10,372)
Reconciliation offunds:
Total funds brought forward		52,625	52,625
Total funds carried forward		42,253	42,253

3	Income from	charitable activities
			Unrestricted	Total	Total
				2020	2019
	Just Giving		27,054	27,054	54,153
	Direct Donations		328	328	3,060
			27,382	27,382	57,213
4	Expenditure	on raising funds
			Unrestricted	Total	Total
				2020	2019
	Fundraising	trading costs
			7,204	7,204	10,282
					1,080
			7,204	7,204	11,362

5	Expenditure on c	haritab	le activities
				Unrestricted	Total	Total
					2020	2019
	Expenditure on charitable
	activities
	Just Giving			1,437	1,437	24,565
	Direct Donations			321	321	1,418
				701	701	2,784
				2,870	2,870	10,918
	Governance costs
				5,329	5,329	39,685
6	Other expenditure
				Unrestricted	Total	Total
					2020	2019
	General Expenses					318
	Sports Development			272	272	370
	Textile 5 Design					313
	Employee costs			7,791	7,791	5,272
	Motor and travel	costs		1,394	1,394	2,551
	Premises costs			1,750	1,750
	Amortisation, depreciation,
	impairment, profit/loss		on		140	187
	disposal offixed assets
	General administrative		costs	3,177	3,177	7,407
	Legal and professional		costs	2,274	2,274	120
				16,798	16,798	16,538
7	Net expenditure	before transfers
				2020		2019
	This is stated after charging:			f		f
	Depreciation ofowned		fixed assets	140		187
8	Staff costs
	Salaries and wages			7,248		5,272
	Pension costs			543
				7,791		5,272

					Equipment		Total
	Cost or revaluation
	At 1October	2019				750	750
	At 30September 2020					750	750
	Depreciation		and
	impairment
	At 1October		2019			187	187
	Depreciation		charge for the			140	140
	year
	At 30September 2020					327	327
	Net book values
	At 30September 2020					423	423
	At 30September 2019					563	563
10	Debtors
					2020		2019
					f		f
	Other debtors				1,568		1,568
	Prepayments		and accrued income		1,868
					3,436		1,568
11	Creditors:
	amounts falling due within one year
					2020		2019
					f		f.
	Accruals and		deferred income		1,483		2,034
					1,483		2,034
12	Movement	in funds
					Incoming
					resources		At 30
				At 1October	(including other gains/losses	Resources expended	September 2020
				2019	)
					f
	Restricted funds:
	Unrestricted		funds:
	General Funds			42,253	27,382	(29,331)	40,304
	Revaluation		Reserves:
	Total funds			42,253	27,382	(29,331)	40,304

13	Analysis o	fnet assets	between funds
							Unrestricted
								Total
							funds
								f
	Fixed assets						423	423
	Net current assets						39,881	39,881
							40,304	40,304
14	Reconciliation ofnet		debt
								At 30
						At 1October		September
						2019	Cash flows	2020
						f	f	f
	Cash and cash equivalents					42,156	(4,228)	37,928
						42,156	(4,228)	37,928
	Net debt					42,156	(4,228)	37,928
15	Commitments
	Operating	lease commitments
	Annual commitments		under non-cancellable	operating	leases	are as follows:
					2020	2020	2019	2019
				Land	and	Other	Land and	Other
				buildings			buildings
					f		f
	Operating	leases with	expiry date:
	Pension commitments
						2020		2019
						f		f
	The pension cost charge tothe charity
	amounted	to:				543

	2020	2019
	f	f
Cash flows from operating activities
Net expenditure per Statement ofFinancial Activities	(1,949)	(10,372)
Adjustments for:
Depreciation of property, plant and equipment	140	187
Increase in trade and other receivables	(1,868)	(1,568)
(Decrease)/Increase in trade and other payables	(551)	2,034
Net cash used in operating activities	(4,228)	(9,719)
Net cash used in investing activities		(750)
Net cash from financing activities
Net decrease in cash and cash equivalents	(4,228)	(10,469)
Cash and cash equivalents atthe beginning ofthe year	42,156	52,625
Cash and cash equivalents atthe end ofthe year	37,928	42,156
Components ofcash and cash equivalents
Cash and bank balances	37,928	42,156
	37,928	42,156

for the year ended 30	Se	ptember 2020
			Unrestricted
			funds	Totalfunds	Totalfunds
			2020	2020	2019
			f	f	f
Income and endowments		from:
Charitable activities
Just Giving			27,054	27,054	54,153
Direct Donations			328	328	3,060
			27,382	27,382	57,213
Total income and endowments			27,382	27,382	57,213
Expenditure on:
Costs ofother trading	activities
			7,204	7,204	10,282
					1,080
			7,204	7,204	11,362
Total ofexpenditure	on	raising	7,204	7,204	11,362
funds
Charitable activities
Just Giving			1,437	1,437	24,565
Direct Donations			321	321	1,418
			701	701	2,784
			2,870	2,870	10,918
			5,329	5,329	39,685
Total ofexpenditure activities	on	charitable	5,329	5,329	39,685
Other expenditure
General Expenses					318
Sports Development			272	272	370
Textile &Design					313
			272	272	1,001
Employee costs
Salaries/wages			7,248	7,248	5,272
Pension costs			543	543
			7,791	7,791	5,272
Motor and travel costs
Travel and subsistence			1,394	1,394	2,551
			1,394	1,394	2,551
Premises costs
Rent			1,750	1,750
			1,750	1,750
General administrative		costs,
including depreciation		and
amortisation

Travelteer impact Detailed Statement ofFinancial Activities
Depreciation ofEquipment
Depreciation of	140	140	187
Bank charges	207	207	494
Exchange rate (gain)/loss	460	460	530
General insurances	126	126
Postage and couriers	252	252
Software, ITsupport and related costs	1,208	1,208	1,690
Stationery and printing	69	69	51
Sundry expenses	185	185	4,642
Telephone, fax and broadband	670	670
	3,317	3,317	7,594
Legal and professional costs
Other legal and professional	2,274	2,274	120
costs
	2,274	2,274	120
Total ofexpenditure ofother costs	16,798	16,798	16,538
Total expenditure	29,331	29,331	67,585
Net gains on investments
Net expenditure	(1,949)	(1,949)	(10,372)
Net expenditure before other gains/(losses)	(1,949)	(1,949)	(10,372)
Other Gains
Net movement in funds	(1,949)	(1,949)	(10,372)
Reconciliation offunds:
Total funds brought forward	42,253	42,253	52,625
Total funds carried forward	40,304	40,304	42,253