**REGISTERED COMPANY NUMBER: 09645816 (England and Wales) REGISTERED CHARITY NUMBER: 1170343** ## **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 30 June 2022** ## **for** ## **WORLD TAMILS HISTORICAL SOCIETY** Millennium Professional Services (UK) Limited Lotus House 227 Preston Road Wembley Middlesex HA9 8NF **WORLD TAMILS HISTORICAL SOCIETY** ## **Contents of the Financial Statements FOR THE YEAR ENDED 30 JUNE 2022** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**||4|| |**Balance Sheet**|5|to|6| |**Notes to the Financial Statements**|7|to|11| |**Detailed Statement of Financial Activities**|12|to|13| **WORLD TAMILS HISTORICAL SOCIETY** ## **Report of the Trustees FOR THE YEAR ENDED 30 JUNE 2022** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2022. The trustees have adopted the provisions of 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 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** 09645816 (England and Wales) ## **Registered Charity number** 1170343 ## **Registered office** 227 Preston Road Wembley Middlesex HA9 8NF ## **Trustees** N Suganthakumaran - Chairman Mrs K Skanthatheva T Logeswaran MAAT, FCCA S Kanagasingam Mr S Kandiah FCA Mrs S Kokularamanan G Kulasegaram J N Packianathan S Suganthakumaran M Arumugam K Chandramohan (appointed 27.11.22) ## **Company Secretary** ## **Independent Examiner** T Logeswaran FCCA, MAAT Millennium Professional Services (UK) Limited Lotus House 227 Preston Road Wembley Middlesex HA9 8NF ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** The trustees (who are also the directors of World Tamils Historical Society for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Page 1 ## **WORLD TAMILS HISTORICAL SOCIETY** ## **Report of the Trustees FOR THE YEAR ENDED 30 JUNE 2022** ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued** Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charity SORP; - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the board of trustees on 27 November 2022 and signed on its behalf by: Mrs K Skanthatheva - Trustee Page 2 ## **Independent Examiner's Report to the Trustees of World Tamils Historical Society** ## **Independent examiner's report to the trustees of World Tamils Historical Society ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2022. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company 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 accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. T Logeswaran FCCA, MAAT Millennium Professional Services (UK) Limited Lotus House 227 Preston Road Wembley Middlesex HA9 8NF 27 November 2022 Page 3 ## **WORLD TAMILS HISTORICAL SOCIETY** ## **Statement of Financial Activities FOR THE YEAR ENDED 30 JUNE 2022** |30.6.22
Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
156,818
**EXPENDITURE ON**
Raising funds
2
68,225
Other
5,423
**Total**
73,648
**NET INCOME/(EXPENDITURE)**
83,170
**RECONCILIATION OF FUNDS**
Total funds brought forward
(109,364)
**TOTAL FUNDS CARRIED FORWARD**
(26,194)|30.6.21
Total
funds
£
90,532
92,819
3,972
96,791
(6,259)
(103,105)
(109,364)| |---|---| The notes form part of these financial statements Page 4 ## **WORLD TAMILS HISTORICAL SOCIETY** ## **Balance Sheet 30 JUNE 2022** |Notes
**FIXED ASSETS**
Tangible assets
5
**CURRENT ASSETS**
Debtors
6
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
7
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year
8
**NET ASSETS**
**FUNDS**
10
Unrestricted funds
**TOTAL FUNDS**|30.6.22
Unrestricted
funds
£
1,372,361
2,400
4,414
6,814
(32,394)
(25,580)
1,346,781
(1,372,975 )
(26,194)
(26,194)
(26,194)|30.6.21
Total
funds
£
1,372,361
2,400
7,279
9,679
(40,001)
(30,322)
1,342,039
(1,451,403 )
(109,364)
(109,364)
(109,364)| |---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements Page 5 continued... ## **WORLD TAMILS HISTORICAL SOCIETY** ## **Balance Sheet - continued 30 JUNE 2022** These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 27 November 2022 and were signed on its behalf by: N Suganthakumaran - Chairman - Trustee The notes form part of these financial statements Page 6 **WORLD TAMILS HISTORICAL SOCIETY** ## **Notes to the Financial Statements FOR THE YEAR ENDED 30 JUNE 2022** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement 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 constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. RAISING FUNDS** ## **Raising donations and legacies** |**Raising donations and legacies**||| |---|---|---| ||30.6.22|30.6.21| ||£|£| |Advertising|1,600|-| |Support costs|66,625|92,819| ||68,225|92,819| continued... Page 7 ## **WORLD TAMILS HISTORICAL SOCIETY** ## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 30 JUNE 2022** ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 30 June 2022 nor for the year ended 30 June 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 30 June 2022 nor for the year ended 30 June 2021. ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ## **5.** |**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**EXPENDITURE ON**
Raising funds
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 July 2021 and 30 June 2022
**NET BOOK VALUE**
At 30 June 2022
At 30 June 2021|Unrestricted
funds
£
90,532
92,819
3,972
96,791
(6,259)
(103,105)
(109,364)
Freehold
property
£
1,372,361
1,372,361
1,372,361| |---|---| continued... Page 8 ## **WORLD TAMILS HISTORICAL SOCIETY** ## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 30 JUNE 2022** |**6.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
30.6.22
£
Other debtors
2,400
**7.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
30.6.22
£
Bank loans and overdrafts (see note 9)
32,394
Trade creditors
-
32,394
**8.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
30.6.22
£
Bank loans (see note 9)
522,752
Other loans (see note 9)
383,461
Other creditors
466,762
1,372,975
**9.**
**LOANS**
An analysis of the maturity of loans is given below:
30.6.22
£
Amounts falling due within one year on demand:
Bank loans
32,394
Amounts falling between one and two years:
Other loans - 1-2 years
383,461
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
522,752
**10.**
**MOVEMENT IN FUNDS**
Net
movement
At 1.7.21
in funds
£
£
**Unrestricted funds**
General fund
(109,364)
83,170
**TOTAL FUNDS**
(109,364)
83,170|30.6.21
£
2,400
30.6.21
£
40,000
1
40,001
30.6.21
£
537,680
446,961
466,762
1,451,403
30.6.21
£
40,000
446,961
537,680
At
30.6.22
£
(26,194)
(26,194)| |---|---| ||| continued... Page 9 ## **WORLD TAMILS HISTORICAL SOCIETY** ## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 30 JUNE 2022** ## **10. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
156,818
156,818|Resources
Movement
expended
in funds
£
£
(73,648)
83,170
(73,648)
83,170| |---|---|---| ## **Comparatives for movement in funds** |At 1.7.20
£
**Unrestricted funds**
General fund
(103,105)
**TOTAL FUNDS**
(103,105)
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
90,532
**TOTAL FUNDS**
90,532
A current year 12 months and prior year 12 months combined position is as follows:
At 1.7.20
£
**Unrestricted funds**
General fund
(103,105)
**TOTAL FUNDS**
(103,105)|Net
movement
At
in funds
30.6.21
£
£
(6,259)
(109,364)
(6,259)
(109,364)
Resources
Movement
expended
in funds
£
£
(96,791)
(6,259)
(96,791)
(6,259)
Net
movement
At
in funds
30.6.22
£
£
76,911
(26,194)
76,911
(26,194)| |---|---| continued... Page 10 ## **WORLD TAMILS HISTORICAL SOCIETY** ## **Notes to the Financial Statements - continued FOR THE YEAR ENDED 30 JUNE 2022** ## **10. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
247,350
247,350|Resources
Movement
expended
in funds
£
£
(170,439)
76,911
(170,439)
76,911| |---|---|---| ## **11. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 30 June 2022. Page 11 ## **WORLD TAMILS HISTORICAL SOCIETY** ||**Detailed Statement of Financial Activities**||| |---|---|---|---| ||**FOR THE YEAR ENDED 30 JUNE 2022**||| |||30.6.22|30.6.21| |||£|£| |**INCOME AND ENDOWMENTS**|||| |**Donations and legacies**|||| |Donations||72,707|44,896| |Members contributions||84,111|45,636| |||156,818|90,532| |**Total incoming resources**||156,818|90,532| |**EXPENDITURE**|||| |**Raising donations and legacies**|||| |Advertising||1,600|-| |**Other**|||| |Rates||5,423|3,972| |**Support costs**|||| |**Management**|||| |Insurance||1,016|1,124| |Telephone||1,419|760| |Postage and stationery||1,020|3,673| |||3,455|5,557| |**Finance**|||| |Bank charges||1,073|946| |Bridging finance charges||-|12,716| |Bank interest||18,473|27,552| |||19,546|41,214| |**Information technology**|||| |Repairs and renewals||31,842|26,173| |**Other**|||| |Light and heat||6,819|6,566| |Sundries||-|40| |||6,819|6,606| |**Other 2**|||| |Special project cost||-|754| |Planning permission fee||-|5,475| |||-|6,229| |**Governance costs**|||| |Legal fees||4,963|7,040| This page does not form part of the statutory financial statements Page 12 ## **WORLD TAMILS HISTORICAL SOCIETY** ||**Detailed Statement of Financial Activities**||| |---|---|---|---| ||**FOR THE YEAR ENDED 30 JUNE 2022**||| |||30.6.22|30.6.21| |||£|£| |Total resources expended||73,648|96,791| |**Net income/(expenditure)**||83,170|(6,259)| This page does not form part of the statutory financial statements Page 13