Charity Registration Number 1184089 Abayam-Foundation for Health and Education Report and Accounts 31 July 2021 ## **Abayam-Foundation for Health and Education Financial Statements for the year ended 31 July 2021** |**Pages**|| |---|---| |Trustees' annual report|2 to 3| |Incorporated financial accountants report to Abayam-Foundation for Health|| |and Education on the unaudited financial information|4| |Statement of financial activities|5| |Statement of financial position|6| |Notes to the financial statements|7 to 9| 1 **Abayam-Foundation for Health and Education Charity Registration Number 1184089 Trustees' Annual Report** The trustees presents present their report and accounts for the year ended 31 July 2021. ## **Reference and administrative details** **Registered charity name** Abayam-Foundation for Health and Education **Charity registration number** 1184089 ## **Principal office** ## **The trustees** Dr Kanthapillai Parthipan Dr Kunaratnam Thayaparan Mr Arumaithurai Selvarajah Pirapagaren Mr Mahadevan Krishnamohan ## **Structure, governance and management** The charity is an unincorporated entity consisting of thirteen board members who are the trustees. The committee is elected in a general meeting to serve for a term of two years. ## **Objectives and activities** The objective of the charity is to provide facilities for the four health clinic, education, sports and women pregnancy who reside within the limits of north and east district in Sri Lanka, mobilise their full potential and maintain their self esteem. 2 **Abayam-Foundation for Health and Education Charity Registration Number 1184089 Trustees' Annual Report** ## **Achievements and performance** Abayam - Foundation For Health And Education was established on 27th January 2019 on an informal basis. It was then formalized under a structured constitution as an Association on 21st June 2003 and was subsequently registered as a charity in the UK under registration number 1184089 on 25th June 2019. Abayam is an independent, not-for -profit, non-political charitable organisation which was formed by a group of non-medical and medical professionals to help and improve the basic health and education in the poor, under resourced and underprivileged areas in Sri Lanka. We have been running free medical clinics (both free consultation and free medicine), providing free medical equipment to poor hospitals, and providing teaching and training to medical and nursing staff. We have also been running free pre- schools in poor remote areas and also supporting poor primary and secondary schools with teachers, teaching materials and equipment and financial support to teaching staff. Our funds come from regular monthly contributions, and from donations for named projects from our members and well-wishes ## **Financial review** Funds have been raised solely in the UK by way of voluntary contributions. Details of the income and expenditure are given in the annexed pages. The trustees' annual report was approved on 6 May 2022 and signed on behalf of the board of trustees by. Dr Kanthapillai Parthipan President 3 ## **Abayam-Foundation for Health and Education Accountants' Report** ## **Accountants' report to the trusteess of Abayam-Foundation for Health and Education** As described on the statement of financial position, the trustees of the charity are responsible for the preparation of the financial statements for the year ended 31 July 2021.which comprise the statement of financial activities, statement of financial position and the related notes. You consider that the charity is exempt from an audit under the Charities Act 2011. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us. Supra & Co 48 Lulworth Drive Pinner Middlesex HA5 1NE 6 May 2022 4 ## **Abayam-Foundation for Health and Education Statement of Financial Activities for the year ended 31 July 2021** |Donations and legacies
Charitable activities
Other trading activities
Investment income
**Expenditure**
Costs of other trading activities
Expenditure on charitable activities
Administrative expenses
**Net income/(expenditure) and net movement in funds**
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Unrestricted**
**funds**
53,144
19,556
10,330
137
-
(78,178)
(2,306)
2,683
-
39,010
41,693
**2021**|**Total funds**
**£**
53,144
19,556
10,330
137
-
(78,178)
(2,306)
2,683
39,010
41,693
|**2020**
**Total funds**
**£**
189,677
6,049
2,558
236
-
(158,623)
(887)| |---|---|---|---| ||||39,010
-| ||||39,010| 5 ## **Abayam-Foundation for Health and Education Charity Registration Number** 1184089 **Statement of Financial Position as at 31 July 2021** |**Notes**
**Current assets**
Debtors
3
Cash at bank and in hand
**Net current assets**
**Net assets**
**Funds of the charity**
Unrestricted funds
**Total charity funds**|-
41,693|**2021**
**2020**
**£**
**£**
500
38,510
39,010
41,693
39,010
41,693
39,010
41,693
39,010
41,693
39,010
-| |---|---|---| ||41,693|| |||| These financial statements were approved by the board of trustees and authorised for issue on 21 March 2021, and are signed on behalf of the board by: Dr Kanthapillai Parthipan President Mr Arumaithurai Selvarajah Pirapagaren Treasurer Approved by the board on 6 May 2022 6 **Abayam-Foundation for Health and Education Notes to the Financial Statements for the year ended 31 July 2021** ## **1 General information** The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 49 green Lane, Edgware, Middlesex, HA8 7PZ. ## **2** _**Statement of compliance**_ These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011. ## **3** _**Accounting policies**_ ## _**Basis of preparation**_ The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. ## _**Going concern**_ Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. ## _**Judgements and key sources of estimation uncertainty**_ The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. ## _**Fund accounting**_ Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. ## **Abayam-Foundation for Health and Education Notes to the Financial Statements for the year ended 31 July 2021** ## _**Incoming resources**_ All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. ## _**Resources expended**_ Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. |**2**
**Employees**
Average number of persons employed by the company
**3**
**Debtors**
Other debtors|**2021**
**Number**
0
**2021**
**£**
-|**2020**
**Number**
0| |---|---|---| |||**2020**
**£**
500| ## **4 Other information** Abayam-Foundation for Health and Education is a charity bearing charity registration no 1129702. Its registered office is: 49 Green Lane Edgware Middlesex HA8 7PZ 8 ## **Abayam-Foundation for Health and Education Detailed Statement of Financial Activities for the year ended 31 July 2021** _This schedule does not form part of the statutory accounts_ |**Income and endowments**
Donations from well wishers
Donations by standing order
Charity box collections
My-donate website
Virgin Money Giving
Payments from governments or public
Fundraising activity income
Bank interest receivable
**Expenditure**
Education
Health
Medical equipments
AbayamWoman
Community
Sports
Other activity
Local co-ordinator expenses
Other direct costs
**Administrative expenses**
General administrative expenses:
Stationery and printing
Courier services
Bank charges
IT and Website cost
Legal and professional costs:
Other legal and professional|**Unrestricted**
**funds**
**£**
23,845
29,299
-
-
-
19,556
10,330
137
83,167
-
31,200
38,315
1,995
2,486
1,803
-
-
2,109
270
78,178
276
1,040
19
152
1,487
819
819
2,306
**2021**|**Total funds**
**£**
23,845
29,299
-
-
-
19,556
10,330
137
83,167
31,200
38,315
1,995
2,486
1,803
-
-
2,109
270
78,178
276
1,040
19
152
1,487
819
819
2,306
|**2020**
**Total funds**
**£**
100,950
88,727
-
-
-
6,049
2,558
236| |---|---|---|---| ||||198,520| ||||11,864
59,666
30,592
886
41,526
-
13,315
774
-| ||||158,623| ||||97
191
41
558| ||||887| ||||-| ||||-| ||||| ||||887| 9 Charity Registration Number 1184089 Abayam-Foundation for Health and Education Report and Accounts 31 July 2021 ## **Abayam-Foundation for Health and Education Financial Statements for the year ended 31 July 2021** |**Pages**|| |---|---| |Trustees' annual report|2 to 3| |Incorporated financial accountants report to Abayam-Foundation for Health|| |and Education on the unaudited financial information|4| |Statement of financial activities|5| |Statement of financial position|6| |Notes to the financial statements|7 to 9| 1 **Abayam-Foundation for Health and Education Charity Registration Number 1184089 Trustees' Annual Report** The trustees presents present their report and accounts for the year ended 31 July 2021. ## **Reference and administrative details** **Registered charity name** Abayam-Foundation for Health and Education **Charity registration number** 1184089 ## **Principal office** ## **The trustees** Dr Kanthapillai Parthipan Dr Kunaratnam Thayaparan Mr Arumaithurai Selvarajah Pirapagaren Mr Mahadevan Krishnamohan ## **Structure, governance and management** The charity is an unincorporated entity consisting of thirteen board members who are the trustees. The committee is elected in a general meeting to serve for a term of two years. ## **Objectives and activities** The objective of the charity is to provide facilities for the four health clinic, education, sports and women pregnancy who reside within the limits of north and east district in Sri Lanka, mobilise their full potential and maintain their self esteem. 2 **Abayam-Foundation for Health and Education Charity Registration Number 1184089 Trustees' Annual Report** ## **Achievements and performance** Abayam - Foundation For Health And Education was established on 27th January 2019 on an informal basis. It was then formalized under a structured constitution as an Association on 21st June 2003 and was subsequently registered as a charity in the UK under registration number 1184089 on 25th June 2019. Abayam is an independent, not-for -profit, non-political charitable organisation which was formed by a group of non-medical and medical professionals to help and improve the basic health and education in the poor, under resourced and underprivileged areas in Sri Lanka. We have been running free medical clinics (both free consultation and free medicine), providing free medical equipment to poor hospitals, and providing teaching and training to medical and nursing staff. We have also been running free pre- schools in poor remote areas and also supporting poor primary and secondary schools with teachers, teaching materials and equipment and financial support to teaching staff. Our funds come from regular monthly contributions, and from donations for named projects from our members and well-wishes ## **Financial review** Funds have been raised solely in the UK by way of voluntary contributions. Details of the income and expenditure are given in the annexed pages. The trustees' annual report was approved on 6 May 2022 and signed on behalf of the board of trustees by. Dr Kanthapillai Parthipan President 3 ## **Abayam-Foundation for Health and Education Accountants' Report** ## **Accountants' report to the trusteess of Abayam-Foundation for Health and Education** As described on the statement of financial position, the trustees of the charity are responsible for the preparation of the financial statements for the year ended 31 July 2021.which comprise the statement of financial activities, statement of financial position and the related notes. You consider that the charity is exempt from an audit under the Charities Act 2011. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us. Supra & Co 48 Lulworth Drive Pinner Middlesex HA5 1NE 6 May 2022 4 ## **Abayam-Foundation for Health and Education Statement of Financial Activities for the year ended 31 July 2021** |Donations and legacies
Charitable activities
Other trading activities
Investment income
**Expenditure**
Costs of other trading activities
Expenditure on charitable activities
Administrative expenses
**Net income/(expenditure) and net movement in funds**
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Unrestricted**
**funds**
53,144
19,556
10,330
137
-
(78,178)
(2,306)
2,683
-
39,010
41,693
**2021**|**Total funds**
**£**
53,144
19,556
10,330
137
-
(78,178)
(2,306)
2,683
39,010
41,693
|**2020**
**Total funds**
**£**
189,677
6,049
2,558
236
-
(158,623)
(887)| |---|---|---|---| ||||39,010
-| ||||39,010| 5 ## **Abayam-Foundation for Health and Education Charity Registration Number** 1184089 **Statement of Financial Position as at 31 July 2021** |**Notes**
**Current assets**
Debtors
3
Cash at bank and in hand
**Net current assets**
**Net assets**
**Funds of the charity**
Unrestricted funds
**Total charity funds**|-
41,693|**2021**
**2020**
**£**
**£**
500
38,510
39,010
41,693
39,010
41,693
39,010
41,693
39,010
41,693
39,010
-| |---|---|---| ||41,693|| |||| These financial statements were approved by the board of trustees and authorised for issue on 21 March 2021, and are signed on behalf of the board by: Dr Kanthapillai Parthipan President Mr Arumaithurai Selvarajah Pirapagaren Treasurer Approved by the board on 6 May 2022 6 **Abayam-Foundation for Health and Education Notes to the Financial Statements for the year ended 31 July 2021** ## **1 General information** The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 49 green Lane, Edgware, Middlesex, HA8 7PZ. ## **2** _**Statement of compliance**_ These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011. ## **3** _**Accounting policies**_ ## _**Basis of preparation**_ The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. ## _**Going concern**_ Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. ## _**Judgements and key sources of estimation uncertainty**_ The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. ## _**Fund accounting**_ Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. ## **Abayam-Foundation for Health and Education Notes to the Financial Statements for the year ended 31 July 2021** ## _**Incoming resources**_ All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. ## _**Resources expended**_ Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. |**2**
**Employees**
Average number of persons employed by the company
**3**
**Debtors**
Other debtors|**2021**
**Number**
0
**2021**
**£**
-|**2020**
**Number**
0| |---|---|---| |||**2020**
**£**
500| ## **4 Other information** Abayam-Foundation for Health and Education is a charity bearing charity registration no 1129702. Its registered office is: 49 Green Lane Edgware Middlesex HA8 7PZ 8 ## **Abayam-Foundation for Health and Education Detailed Statement of Financial Activities for the year ended 31 July 2021** _This schedule does not form part of the statutory accounts_ |**Income and endowments**
Donations from well wishers
Donations by standing order
Charity box collections
My-donate website
Virgin Money Giving
Payments from governments or public
Fundraising activity income
Bank interest receivable
**Expenditure**
Education
Health
Medical equipments
AbayamWoman
Community
Sports
Other activity
Local co-ordinator expenses
Other direct costs
**Administrative expenses**
General administrative expenses:
Stationery and printing
Courier services
Bank charges
IT and Website cost
Legal and professional costs:
Other legal and professional|**Unrestricted**
**funds**
**£**
23,845
29,299
-
-
-
19,556
10,330
137
83,167
-
31,200
38,315
1,995
2,486
1,803
-
-
2,109
270
78,178
276
1,040
19
152
1,487
819
819
2,306
**2021**|**Total funds**
**£**
23,845
29,299
-
-
-
19,556
10,330
137
83,167
31,200
38,315
1,995
2,486
1,803
-
-
2,109
270
78,178
276
1,040
19
152
1,487
819
819
2,306
|**2020**
**Total funds**
**£**
100,950
88,727
-
-
-
6,049
2,558
236| |---|---|---|---| ||||198,520| ||||11,864
59,666
30,592
886
41,526
-
13,315
774
-| ||||158,623| ||||97
191
41
558| ||||887| ||||-| ||||-| ||||| ||||887| 9 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of Abayam-Foundation for Health and Education On accounts for the year ended 3110712021 Charity no (if any) 1184089 Set out on pages 1-10 I report to the trustees on my examination o charily I'the Trust.) for the year ended 3/ As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Acr). the ounts of the above Responsibilities and basis of report I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. Independent tThe charity's gross income exceeded £250,000 and l am qualified to examiner's statement undertake the examination by being a qualified member of linsert name of applicable listed bodylJ. Delete { ] rfnot applicable. I have completed my examination. I confim) that no material matters have come to my attention in connection with the examination (other than that disclosed below "} which gives me cause lo believe that in, any material respect= the accounting records were not kept in accordano with section 130 of the Charities Act., or the accounts did not accord with the accounting records,. or the accounts did not comply with the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any reqLtirement that the accounts give a Irue and fair, view which is not a matter considered as part of an independent examination. 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. Please delete the words in the brack8ts if they do not apply. Signed: Date: Name: umaf Relevant professional IER Oct 2018 qualification(s) or body lif any)". mraAfw Address: A. Chandrakumar ere ccoun HA3 OTW. UK Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent exarnination of charity accounts.. dirertions and guidan￿ for examiners). Give here brief details of any items that the examinerwishes to dlsclose. IER Oct 2018