MYANMAR TRUST UK
(A COMPANY LIMITED BY GUARANTEE)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JANUARY 2022
MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr V Kumar Dr M Sadan Ms E Tydeman
Secretary
Charity number Company number Principal address
Ms Z Herbert 1180966 11180399 24 Somerset Street Kingsdown Bristol BS2 8LZ United Kingdom
Acre House 11-15 William Road London NW1 3ER United Kingdom
Auditor
HW Fisher LLP Acre House 11-15 William Road London NW1 3ER United Kingdom
MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| 3 | |
| Independent auditor's report | 4 - 6 |
| 7 | |
| Balance sheet | 8 |
| 9 - 14 |
MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 JANUARY 2022
l
The charity's objects are to advance such charitable purposes (according to the law of England and Wales) for the people and
camps in Bangladesh and in Rakhine State, Myanmar.
Achievements and performance
with Rohingya refugees.
anmar, lead
the Trustees to review the work of the Trust and seek new funding to support the urgent needs of the Myanmar people at this
c down s the emergency support to
In April 2021 we received a small grant of $20,000 from Purposeful, a UK Charity, for emergency support to women and girls m grant from the
Financial review
During the year £635,164 (2021 : £19) of income was received and amount of £551,547 (2021 : £63,773) of expenditure incurred ed funds, the unrestricted fund balance was £nil.
February 2021.
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MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 JANUARY 2022
Fundraising and future plans
will Myanmar Trust
mely
Reserves policy
a
Structure, governance and management
2018 and amended on 5 October 2018.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of
Mr V Kumar Dr M Sadan Ms E Tydeman
contribute a sum not exceeding £10 in the event of a winding up.
Auditor
of
The trustees' report was approved by the Board of Trustees.
..............................
Mr V Kumar
Trustee Dated: .........................
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MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF TRUSTEES' RESPONSIBILITIES
FOR THE YEAR ENDED 30 JANUARY 2022
The trustees, who are also the directors of Myanmar Trust UK for the purpose of company law, are responsible for preparing the ed f the state f the charitable company for that year.
ct 2006. They
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MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF MYANMAR TRUST UK
Opinion
Standards, including FRS 102
ise the ng policies. (United Kingdom
-
ces
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have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
applicable law. Our cial statements our audit of ide a
basis for our opinion.
the
of at least
report.
misstatements, we are required to determine whether this gives rise to a material misstatement in th we are required to report that fact.
uditor's we do onsider e of the or apparent material on,
We have nothing to report in this regard.
In our opinion, based on the work undertaken in the course of our audit:
-
rposes of company law,
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the directors' report included within the trustees' report has been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not
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MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF MYANMAR TRUST UK
port to
-
you if, in our opinion:
-
visited by us; or
ceived from branches not
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egime and take epare a
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strategic report.
the they give a true ncial statements d to going or to
e are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the al statements.
th our to which our
As part of our planning process:
- or alleged fraud. The
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charity did not inform us of any known, suspected or alleged fraud.
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We obtained an understanding of the legal and regulatory frameworks applicable to the charity. We determined that the
-
management bias, which
-
Using our knowledge of the charity, together with the discussions held with the charity at the planning stage, we formed a assessment.
- icted -
funds.
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s
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including fraud.
-
5 -
MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF MYANMAR TRUST UK
etected some material it in accordance with ustees of
the charity.
://www.frc.org.uk/
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's memb do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
Andrew Rich (Senior Statutory Auditor)
for and on behalf of HW Fisher LLP
Chartered Accountants Statutory Auditor Acre House 11-15 William Road London NW1 3ER United Kingdom
.........................
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MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JANUARY 2022
| Unrestricted Restricted funds funds 2022 2022 Notes £ £ Income and endowments from: 3 - 635,123 Other income 4 41 - Total income 41 635,123 Expenditure on: 5 588 550,959 Net (expenditure)/income for the year/ Net movement in funds (547) 84,164 Fund balances at 31 January 2021 547 6,270 Fund balances at 30 January 2022 - 90,434 |
Total Unrestricted Restricted funds funds 2022 2021 2021 £ £ £ 635,123 - - 41 19 - 635,164 19 - 551,547 969 62,804 83,617 (950) (62,804) 6,817 1,497 69,074 90,434 547 6,270 |
Total 2021 £ - 19 |
|---|---|---|
| 19 | ||
| 63,773 | ||
| (63,754) 70,571 |
||
| 6,817 |
Companies Act 2006.
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MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET
AS AT 30 JANUARY 2022
| Notes Current assets Cash at bank and in hand Creditors: amounts falling due within one year 10 Net current assets Income funds Restricted funds 11 Unrestricted funds |
2022 £ 183,399 (92,965) |
£ 90,434 90,434 - 90,434 |
2021 £ 15,580 (8,763) |
£ 6,817 |
|---|---|---|---|---|
| 6,270 547 |
||||
| 6,817 |
.............................. Mr V Kumar Trustee
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MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JANUARY 2022
1
House, 11-15 William Road, London, NW1 3ER, United Kingdom.
the Companies Act 2006 s preparing their ve
The charity has taken advantage of the provisions in the SORP not to prepare a Statement of Cash Flows.
in these
are set out below.
1.2 Going concern
At the resources n basis of
1.3 Charitable funds
oses and uses of the
1.4 Income
can be measured reliably, and it is probable that income will be received.
1.5 Expenditure
ng the charity to that
All expenditure is accounted for on an accruals basis. All expenses, including support costs and governance, are allocated to
the he
control of the charity.
cipient but there is
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MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JANUARY 2022
1
nd
Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash at bank and in hand.
2
3
| estricted funds 2022 £ 257,001 363,925 14,197 635,123 |
Total 2021 £ - - - |
|---|---|
| - |
4 Other income
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2022 | 2021 | |
| £ | £ | |
| Other income | 41 | 19 |
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MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JANUARY 2022
5
| Restricted funds Restricted funds 2022 2021 £ £ 482,135 29,017 Share of support costs (see note 7) 54,820 32,050 Share of governance costs (see note 7) 14,592 2,706 551,547 63,773 Analysis by fund Unrestricted funds 588 969 Restricted funds 550,959 62,804 551,547 63,773 6 Grants payable Restricted funds Restricted funds 2022 2021 £ £ Centre for Social Integrity - 24,017 - 5,000 Access to Informaion 42,107 - General 21,818 - Human rights 272,953 - Inclusive Civil Society 145,257 - 482,135 29,017 |
Restricted funds Restricted funds 2022 2021 £ £ 482,135 29,017 Share of support costs (see note 7) 54,820 32,050 Share of governance costs (see note 7) 14,592 2,706 551,547 63,773 Analysis by fund Unrestricted funds 588 969 Restricted funds 550,959 62,804 551,547 63,773 6 Grants payable Restricted funds Restricted funds 2022 2021 £ £ Centre for Social Integrity - 24,017 - 5,000 Access to Informaion 42,107 - General 21,818 - Human rights 272,953 - Inclusive Civil Society 145,257 - 482,135 29,017 |
Restricted funds Restricted funds 2022 2021 £ £ 482,135 29,017 Share of support costs (see note 7) 54,820 32,050 Share of governance costs (see note 7) 14,592 2,706 551,547 63,773 Analysis by fund Unrestricted funds 588 969 Restricted funds 550,959 62,804 551,547 63,773 6 Grants payable Restricted funds Restricted funds 2022 2021 £ £ Centre for Social Integrity - 24,017 - 5,000 Access to Informaion 42,107 - General 21,818 - Human rights 272,953 - Inclusive Civil Society 145,257 - 482,135 29,017 |
|---|---|---|
| 2022 £ - - 42,107 21,818 272,953 145,257 482,135 |
2021 £ 24,017 5,000 - - - - |
|
| 29,017 |
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MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JANUARY 2022
7 Support costs
| Support costs Governance costs £ £ Bank charges 1,163 - Consultancy fees 56,223 - (Gain)/Loss on foreign exchange (5,024) - Travel and subsistence 1,458 - 1,000 - Audit fees - 13,500 Accountancy - - Legal & Professional fees - 1,092 54,820 14,592 Analysed between 54,820 14,592 |
2022 Support costs Governance costs £ £ £ 1,163 63 - 56,223 3,800 - (5,024) 28,187 - 1,458 - - 1,000 - - 13,500 - - - - 1,986 1,092 - 720 69,412 32,050 2,706 69,412 32,050 2,706 |
2021 £ 63 3,800 28,187 - - - 1,986 720 |
|---|---|---|
| 34,756 | ||
| 34,756 |
8 Trustees
year.
9 Employees
There are no employees during the year.
| 2022 | 2021 | ||
|---|---|---|---|
| Number | Number | ||
| Total | - | - | |
| 10 | Creditors: amounts falling due within one year | ||
| 2022 | 2021 | ||
| £ | £ | ||
| Trade creditors | 79,465 | 6,763 | |
| Accruals and deferred income | 13,500 | 2,000 | |
| 92,965 | 8,763 |
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MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JANUARY 2022
11 Restricted funds
| Movement in funds | Movement in funds | |||||
|---|---|---|---|---|---|---|
| Balance at | Resources | Balance at | Incoming | Resources | Balance at | |
| 31 | January 2020 | expended | 31 January 2021 | resources | expended | 30 January 2022 |
| £ | £ | £ | £ | £ | £ | |
| - | - | - | 257,001 | (167,567) | 89,434 | |
| - | - | - | 363,925 | (362,925) | 1,000 | |
| - | - | - | 14,197 | (14,197) | - | |
| 69,074 | (62,804) | 6,270 | - | (6,270) | - | |
| 69,074 | (62,804) | 6,270 | 635,123 | (550,959) | 90,434 |
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to strengthen and support rights-based CSOs engaged in securing human rights for all, and accountable rking
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support.
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To support women, girls, and LGBT’s role in the Myanmar democracy movement inside and outside the country rights
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abuses against these groups so there can be no impunity for the perpetrators
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To improve and expand grassroots programming on women/girls/LGBTIQ rights, women’s leadership, SRHR, and
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Children on The Edge in Bangladesh
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Centre for Social integrity in Bangladesh
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MYANMAR TRUST UK (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JANUARY 2022
| 12 Analysis of net assets between funds Unrestricted funds Restricted funds 2022 2022 £ £ Fund balances at 30 January 2022 are represented by: - 90,434 - 90,434 |
Total Unrestricted funds Restricted funds 2022 2021 2021 £ £ £ 90,434 547 6,270 90,434 547 6,270 |
Total 2021 £ 6,817 |
|---|---|---|
| 6,817 |
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