2022-03-31-accounts - Nalam Vaala

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Trustees’ Annual Report for the period

From: 01-04-2021 To: 31-03-2022

Charity name: Nalam Vaala

Charity registration number: 1189081

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To advance in life and help children and young people from marginalised communities who have been displaced during and after civil war, in particular in the war-affected Northern and Eastern provinces of Sri Lanka, through: (a) The provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life; (b) Providing support and activities, which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	1. Unable to continue our activities in Sri Lanka due to Covid restrictions. 2. Organised a charity walk on a small scale in London in September 2021 and raised £232 through crowd funding page.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees are fully conversant with the guidance issued by the Charity Commission and pay due regard to it. The trustees continued the awareness of its existence among its supporters.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	During the reporting period, we were only able to manage a limited engagement with the beneficiaries due to covid restrictions by way of telephone support. Our coordinator and tutors encouraged the beneficiaries in developing a greater awareness of the impact of education, self- confidence and become engaged with learning.

Additional information (optional)

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Achievements against objectives set	Para 1.41	We believe that our approach has potential to succeed on a wider scale with properly coordinated planning and adequate resources.
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Finance report attached. At the end of the reporting period, due to the economic situation in Sri Lanka, we were unable to carry out the key activities as planned. We have no paid staff. Trustees carried out the work on a voluntary basis.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Until we are in a position to commence the key parts of the operational plan, trustees believe that holding the fund in reserve is necessary.
Amount of reserves held	Para 1.22	£ 1,241.93
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24	None
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	None

Additional information (optional)

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The charity’s principal sources of funds (including any fundraising)	Para 1.47	Currently our principal sources of funds are from charity events and individual donations. In order to prepare application for institutional funds, the trustees have to visit Sri Lanka and carryout a series of tasks including discussions with the local education authorities and schools.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Memorandum of Articles of Association
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Any new trustees will be appointed through an open and transparent recruitment in adherence to our Equal Opportunities Policy.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51	The Nalam Vaala trustees have experience of working in charities or as trustees in other charities. Before the organisation was formally set up, a workshop was held on the roles and responsibilities of trustees of a charity and how to manage a charity
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51	None.
Other

Reference and Administrative details

Charityname	Nalam Vaala
Other name the charity uses	For a Better Life
Registered charitynumber	1189081
Charity’s principal address	28 Collyer Avenue, Croydon, CR0 4QU

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Cathamuthu Raveendradass	Chair	Whole year
Alex Purssey		Wholeyear
Kathiravelu Thambiah		Whole year
Ratnasingam Rajadurai		Whole year

Corporate trustees – names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Cathamuthu Raveendradass Position (eg Secretary, Chair Chair, etc) Date 07/01/2023

Nalam Vaala 1189081 Receipts and payments accounts For the period Period start date Period end date To from 01/04/21 31/03/22

Section A Receipts and payments

Section A Receipts and payments	Section A Receipts and payments
Unrestricted funds to the nearest £ A1 Receipts 232 - - - - - - - *Sub total(Gross income for AR)232* A2 Asset and investment sales, (see table). - - Sub total - Total receipts 232 A3 Payments - - - - - - - - - Sub total - A4 Asset and investment purchases, (see table) - - Sub total - Total payments - Net of receipts/(payments) 232 A5 Transfers between funds - A6 Cash funds last year end 1,010 Cash funds this year end 1,242		Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 232 - - - - - - - 232 - - - 232 - - - - - - - - - - - - - - 232 - 1,010 1,242
A4 Asset and investment purchases, (see table)
	-
	-
**Sub total **	-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end **Cash funds this year end **
	232	-	-	232
	-	-	-	-
	1,010	-	-	1,010
	1,242	-	-	1,242

CCXX R1 accounts (SS)

07/01/23

Section B Statement of assets and liabilities at the	Section B Statement of assets and liabilities at the	Section B Statement of assets and liabilities at the	Section B Statement of assets and liabilities at the	end of the period	end of the period	end of the period	end of the period	end of the period	end of the period
					Unrestricted			Restricted funds
Categories		Details			funds
					to nearest	£			to nearest £
B1 Cash funds						1,242			-

						-			-

						-			-

		*Total cash funds*			1,242				-
		(agree balances with receipts and payments
			account(s))	OK				OK
					Unrestricted			Restricted funds
					funds
	Details				to nearest	£			to nearest £
B2 Other monetary assets						-			-

						-			-

						-			-

						-			-

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	Details			Fund to which belongs		asset			Cost (optional)
B3 Investment assets									-

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									-

									-

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	Details			Fund to which belongs		asset			Cost (optional)
B4 Assets retained for the									-
charity’s own use									-

									-

									-

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					Fund to which				Amount due
	Details				liability relates				(optional)
B5 Liabilities									-

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Signed by one or two trustees on behalf of all the trustees		Signature				Print	Name

CCXX R2 accounts (SS)

07/01/23

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CC16a
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Last year to the nearest £ - - - - - - - - -

CCXX R3 accounts (SS)

07/01/23

Endowment funds to nearest £ - - - -

OK Endowment funds to nearest £

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Current value
(optional)
-
-
-
-
-
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Current value (optional) - - - - - - - - -

When due (optional)

Date of approval

CCXX R4 accounts (SS)

07/01/23