|||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|