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2021-12-31-accounts

Trustees Annual Report

30.12. 2020 -31. 12. 2021

ARIYALAI SRI PARWATHY DEVELOPMENT SOCIETY INTERNATIONAL

Registered as a Charity in England: No. 1192937

WHO WE ARE

ASPVDSI is a Charitable Incorporated Organisation registered in England which supports Sri Parwathy Vidyalayam, an all through school located in Ariyalai, Jaffna, Sri Lanka.

WHAT WE DO

Provide resources, advice, services and grants to Sri Parwathy Vidyalayam with the aim of redeveloping the school into a top school.

OUR PEOPLE

Our Trustees are: Chair - Nalayini Kuganathan Vice-Chair - Srideva Mylvaganam Secretary - Jeyasundra Tharmendra

Our dear Treasurer Kugathasan Thavendren sadly passed away on 22nd January 2022

PUBLIC BENEFIT

Grants are made in accordance with charity law, our constitution and the wishes and directions of donors. In making grants and providing services, we endeavour to reflect the wishes of students and staff by directing funds towards areas we are informed by the school body are most in need. During the year 2021, £8,500 was provided in Grants. When considering where to focus our attention our trustees board a have regard to the Charity Commission guidance on public benefit and what this means for ASPVDSI.

CHAIR'S REPORT

2021 was the first full year this organisation operated, despite being a new organisation and facing the challenges of the pandemic we have managed to provide a great deal of assistance to the school. We raised over £18,000 which is an amazing achievement and £8,500 was provided in grants to help the school. Every member should be proud of the achievements!

In my early meetings with the Director of Nallur Department of Education, he stressed to me the importance for the School in increasing the number of students and so I am happy that the Year 1 intake for the new Academic year has significantly improved from the previous year. I’m sure the work we have done to support the school and improve its reputation has played a part.

We have formed strong ties with the School administration, especially Principal Ravichandran and we look forward to working closely with the Principal and the school going forward. The Old Students Association have provided so much assistance in helping us to deliver for the students especially by providing their bank account to handle funds raised by us. OSA Chair Dr. Mohanadas, Treasurer Mrs. Vimalarani Sivam, Secretary Miss. Kamalaverni Ramapillai, (who is also ASPVDSI SL rep),Mr. P. Kugathasan and Mr. A Sivalingam all deserve great credit for their work in supporting ASPVDSI and the School.

I would like to thank the management committee: Mr A. Sutharsan, Mr M. Sri Rajalingam, Mr. S. Jeevendra, Mr R. Ravindran, Miss K. Ramapillai, Mrs T. Mahalingam for their contributions in shaping up the projects and meeting throughout the period to discuss operational matters. The accounts have been prepared by Mr. K. Gengatharan, I commend his work and thank him.

In January we lost our Treasurer Mr Thavendren Kugathasan, this has been a difficult loss to accept. He did so much for this organisation and the School, he worked right up until the final stages of his illness. He carried the School in his heart and we wouldn’t have achieved what we have without him. His work in maintaining the accounts meticulously has made it easy for the accounts to be prepared. His wish for ASPV to be transformed into a top school must be fulfilled and we must all work together to achieve this.

The Trustee Board have carried out their governance role diligently and I would like to thank Mr. Mylvaganam and Mr. Tharmendra for their contributions and wish Mr. Tharmendra well as he will be stepping down as Secretary.

CHAIR'S REPORT

With everyone's help the following projects were undertaken since forming:

We are looking forward to make a positive contribution to the school in the future.

Nalayini Kuganathan

Chair

REVIEW OF EXPENDITURE

Below is a summary of which projects funds were directed towards in the reporting period

Report approved by ASPVDSI Trustee board

Nalayini Kuganathan Chair

Srideva Mylvaganam Vice-Chair

C harity number: 1192937

ARIYALAI SRI PARWATHY VIDYALAYAM DEVELOPMENT SOCIETY INTERNATIONAL

Charitable Incorporated Organisation

Unaudited financial statements

31 December 2021

ARIYALAI SRI PARWATHY VIDYALAYAM DEVELOPMENT SOCIETY INTERNATIONAL C haritable Incorpated Organisation

Trustees and other information

Trustees

Nalayini Kuganathan Srideva Mylvaganam Jeyasundra Tharmendra Thavendran Kugathasan (Retired 22 January 2022)

C harity number 1192937 Registered office 53 Sharps Lane Ruislip Middx. HA4 7JD

Registered office

Page 1

ARIYALAI SRI PARWATHY VIDYALAYAM DEVLOPMENT SOCIETY INTERNATIONAL

C haritable Incorporated Organisation

Income and Expenditure Period ended 31 December 2021

Income
Donations
Membership
Fund raising
Total Income
Overheads
Administrative expenses
Fund raising expenses
Funding for SPV school projects
Other expenses
Bank charges
Subscriptions
Surplus Income		 Period
ended
31/12/21
£
14,261
658
3,351
18,270
18,270
)
(2,318
)
(5,626
)
(257
)
(1
)
(317
)
(8,519
9,751

ARIYALAI SRI PARWATHY VIDYALAYAM DEVELOPMENT SOCIETY INTERNATIONAL

C haritable Incorporated Organisation

Statement of financial position 31 December 2021

Note
Fixed assets
Tangible assets - Mobile Phone
Current assets
Hall deposit
Cash at bank - UK account
Cash at bank - Norway account
Cash at bank - Sri Lanka account
Cash in hand - Jaffna account
Net current assets
Total assets less current liabilities
Net assets
Capital and reserves
Surplus Income
Members funds
____
______
Nalayini Kuganathan
Trustee
Srideva Mylvaganam
Trustee		 31/12/21
£
£
171
171
150
5,080
629
3,683
38
9,580
9,580
9,751
9,751
9,751
9,751		 31/12/21
£
£
171
171
150
5,080
629
3,683
38
9,580
9,580
9,751
9,751
9,751
9,751
9,751
9,751
9,751
9,751

C harity number: 1192937

The notes on page 4 form part of these financial statements.

Page 3