Charlty numb¢r.' 209168 FRIENDS OF VELLORE UK UNAUOITED REPORT AND FINANCIAL aTATeMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
PRlellDS OF veLLORE UK COIfftNIS P¥ge Rof•renc• and administrati dolaijs of Clity. its truste•s and advisern Tru•tee•' Y•port 2-5 Ind•wnd•nt •x•rnln•rf• r•port St•t•m•nt olfln•n¢l•l •¢tl¥lll•* B•lan¢e sh••t Nots• to th• An•0¢1 •tst•m•nt• 18
FRIENDS OF VELLORE UK REFERENCE AND ADMINISTRATNE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2020 Tru8t••8". Mr Dayalan Clarke, Chalr Dr Easterine Mills£lathe. TsrE DrAjit Butt DI Susan Das Profe550r Mike KeKJhkny The Very Rev Dr Isaac POob8n Dr Thorna5 Pulim¢od Dr Arabella Onslow Mr Richard Rajamonick•m Dr John$on Samu•l Ch•rfty r•gl•tered nUMr. dUYio PNnel1 offic•: 2A Chalk Larn. CockfostW5, 8arne( EN4 9JQ Indend•t •xamln•r. Mr S G eerrimon BFP. FCCA. FCA
FIWENDs1 VELLORE UK TRUSTEES. REPORT FOR THE YE4A EIIDE031 OE¢E¥BER 2ty20 TMtruses wesentthew arrLi port ano fin•nty SWern Chantykne >ar •)8d 31 Deeemt4r 2020. TI fjnantsal staiernefils ha% been prepatBd a¢¢tyOancewth the accwitsry pokns Sel out Fl note 1 10 the Actsn 4TrJ mptywith Ihe Charit5 Con¥bhort. the Chorits Act 2011 arrtl arwj bychwiw.. 5l•t¥n•il of Re¢ornmended Pradir Wcabk tOCh8n wep•rty Waccounts Mi aCLxxdaiv FthanrJ•i Rewo Stirx18rd appScab hl ts UK and Rewcd Ire1v li oaober2019. OBJECTIVES MME¥ The printypal object olthe chanty towpwt ptrWIth It Chnsban iIOdKal Cole ICMCI Yaml N•. I¥ ¢gwI lots r••J• oll1 poores14TrJ moexLhlbJ peop and MmUn. ACHIEVEMENTS AIID PERFORIIANCE IAI. Through rqguL•r tv CXIC. fv ¢har5ty to fiTrJ wa>% kn an cmc kn iKxe•w 8 1ch lo p¢or Oepriwd cmmur41 wjltlNtr servthts Commty 10 fuThY •rn part oltr hwthl. Tho thnty ks ¥Ékino 10 e¢tha its c¢ wqaerKe ¢0 belty •r¥w ith >w¥8r Iyr5. aL49rt8rfy em41 1111 Ald•b"On M pro%idry 4pWlUIowqffj•W1th ywilr wiw. REWEW OF THE YEAR Tre Irustees to put SUpj Y£41¢1¥i Collepw Vqlorn. •TrJ oiTh•r holpts wurtity ih PrtwrthW wth CKf. whh bM•fit rwr iinlhlfv In pay QGhorne. p¢m TNS amowod &upportws mM n¢t we%loLoty to Covanby . CMG'I Thrtyctoi. Di J V P¥t¥l, ¥li Iiifuiti¥ll% wi Iwjw C14C •1 lo ll• updo185 w CMC'¥ m•lorde%tt. •pM¥¥J bx tyf RVHSA Frr ol Vellor• UK's mra. TM P•rnttn to Pernon ScBm8 (E40.[) Proi6u8 ar rne Rurni for 8TrJ 3OtyW Alf•ws i¢i•.J2O1 sderrt sch¢4rthys 8ThJ 10 t•aMh workern forfv J•wth (¢12.67S> A ophth8lm¢SoJy &nK1£l0.fml An Audlokngisl lo wable he•iirq screeniYJ It¢ bai¥ts and h81rf •bJB1£5.OX)) Tho Pali•bve Hom? Cart Team {E2.9371 fmf's post offvtsxkin Oe&k CccrdMtor 1£2. Variow ArnnI 8alch Furfs and WDie81£3a,l Fund¢ lorPAe IAu9m•fjlalw ard WtWn¥lMI •teMtr• PMR EPt (¢10)40 Support tr the nthy al Kann¥apumm 1£6.6891 D141ance Education1£7201 rencry TUThJ 101 S[cP0IPj io Irv•Jnwn (£4.(Wl Othergffj$1£3.2161 DurfrKJ the >¥r Ihe chw5ty atso wnt £17.5B5 to Clmiiin HWI Tezpw. AM•m 8TrJ £4.9BS to Atha K•n I l¢•pit•l. LarnIaP Odh•. 1hele hoppibkn p•t•Wh¥) ith CMC. PJJ22
FRIENDS OF VELLORE UK
TRUSTEES. REPQRTItO#linuBdl
FOR ThE YEA EIIDED 31 OECEIIBER )20
The rhanty had a Vdry heathy in 2020 of £280.0. Tr Ircon dwtion$ and 8(iè8 W¥$ VBry
mllèi 10 2019. Ixjt wa$ a sKJnthcart detrEa5e 124%) in Imtsn¢ tlL to Co¥iO p3TrlemK 1£27.636
in 2020 compaTed with £36.131 n 2020). Iotsl 2020 stll s•Jthniiy lJhèrthan the
rs ¢r 2019whBn the aNYragewa% around E150.IXX).
11 CO8t £27.155 trt run chanty Sn 2020. Th#k pj 2019skn to rc
the runnirY4 ¢ts.
Ili¥•1 Pol
To achvèwè A Illi Ilurn Thsiments kn siocks fvno$. whle nlitaa wrfiueni
Ik4udty 10 rnqel any uwpethy ieqL#S Irorn CMC Thwmeni 15 h7-mediurn rfsk.
Ourirv4 2020 ts ¢ary clotsad th•ir WM0nt R•JN>rn 8enUey aTha trI1¥ye fiJrth uito th
Irbwslmeni pol fvnrjal ctymm#rTreNsollh• SLypryts. I1 are thai •r• li plK• ki
mltygt• OLY •xpoiur• to m•fvr fk¢. AppvwkiD c•¥or In pl•oD
Th¢ thnty 4im3 lo m•knl1in aix rnOn rewr¥w. £15.lY)) 10 rn¢•¢ •ll crmrnn8nM Ij ctsh r¢quIr•nts,
fw •gr•ed proioos •m rMe lo CMC Vey8 kn • wiy The trJslee5 seek 10 coniinL 10
Juwrt proied6 frorn rew1•$wh oerrnrt VAI drw on restrthd fuTrSs when thvi LS approDri8ty. pto%•JtrJ
that the budgth¢O man8gerrnicos we achw>J. Iwsie•s Ih•i ¥Yl¥ ol rOsW gfe adequate.
but reducfvnn% In Al¢)riprt wth ini•r••i r•t qquity r•tLffn¥ m•y r•due• lh• blty to
m•hialn r) •1 knl. Th• L)l•rty Joe5 ngoro ty to t• tree r8aeThs8ts i its th¢
irnrft••# Int•nlion to tho wY¢tstrbd iry¥c2bn¢rO •nd tho 9EWat•J lo W wir••irkt•d
tre• •1 tr• yJ•r 8TrJ £20.317.
Goln9 tonr•rn
in pr•p•rfrs the Stst•M•.
Publk b•n•fft pofiey
comm110ft.
pnI forth• luthr•
The tnAlees conlnL Ip th lo an agreed fi% s•r F. rec(• thattyn¢¢Mn88¢))•W •1
¢MC moort thtst the GtrotQ9ywkl to adllpl ac
FRIENDS OF VELLORE UK TRUSTEES. REPQRT Icontinuedl FOR ThÉ YEiR ENDED 31 DECEMBER 2D2D liU25 from Exewii to ChairaTrl Admrnty8w M8nw. Th re¥Md Cotsiub 88 frmalty adoptsd Frtends ofwore KU[ty it ragL siwthrds fwlLYthth¥J. Th•th•rfty ty cwmrfkdtothfr Fundr8i$ho Proffli ar 10 the CclÈ ofFLra Ptath. CJrfuTrlrarfY¥J effort in¥ ¢owaginu 4fvJ 9th isyiwh ts 7(&>$rtY erTr 41$. soci•l m8di• 8ThY ¢w th8 deaty exF415 hLrw f4n ¢wpkn. We recthNpd O durfro 202Q. 15 th &arn¢ as in 2019. GrAnt m•klnq poll¢K n8e#s slee5 priorrty 10 ¥hl beffl powor¢JJ%wW wplfr p•Y enh•rKe their ablty lo a¢eess qualty al afvdaW• olnv li thtr )hl of SLrch a pnik)sophy. ihe TnJ¥tees mayoffer paiiai surp fNfvtork a1 s¢okdcrfKI Sl)thM y$hI 9iv•n io the ad¥Ke tsom rfstfAI ts tssl way to tr¢JesYed J0M81. Th8 m8ntyem8ntoflN• th•rity O ofdlrwloesh) n •Wd Ird co•pW uTrJwth8 tamiiol Ihe const1V)n. R¢cruitmnt 10 ts TnMe Board rnquirnd be 818 by ts Chairman lo sqek lo strenothen th• GapKi, ¥$8110$M i•rw o1th1 rnqmbw7hp. Ttte& are rrf)mlnai8d on the •sv4 01 thoii to serye Tr•inr4 T18$ wil 4 fwr.ywarterm. but trws m • pwtndArf Ph AiJtrwwiJAnl fnur.w tprm%JLffti 10 the Bo•rd's memert fhose lo'revrt, li TLot88s mayt wtqd orrto Coundl to an thwory curfrni m¢thbofohlp • trwr ul th• Awl m••tr4. Truthm. rn•poMlbllMI•• The th•riiytruitsès arn respc lor kK•p8rirJ • btee$. rlwi and 5ts1em•rt5 •ccrydw¢• wlth 8ppIable tqw and Urdleil Atttyjnw siaThlwds lihined G•ty At• kc•JnMg Prlttkel. Th• Lgw 8ppIc4bl• to th•rrt%s in Ern •thJWas requbu Ir+1 W prwrn fmnthl italements fw e•rh 8nd ol sl•l• ol •ffary oltr thAy rl ofthe YlLYTh rve the m•muds •nJ the ¥ppkatye SORP.. mAk#NoMl aA1kn4t•slhal •rn whethor •ppk4ty1 •t¢•LmbY4 ItsTrJaS been lobywj. m•wkni d161¢ Lli¥iliy tsuilUilU¥ lkne the finawal oflhe eharhty lo en8We I togrwt m1 )(i4 rthmptywlth Clidlibes 2011. appKl• Ch•iib¢• IA¢coLffits and AeportD) r•gurn. thnd WOw8ion8 10 Tr¥•t deed. TW are 4150 for safeouordiThJ ts a88ets oltt ¢Jwty takM¥J rtott4)th forth8 pre10 IM ae4 otyw mguwws. Ihtr catiVs web8h¢ h a¢#¥nce ith gthbon ffl thE Lh**J the •>J sthtem?ms. raB24
ENDS QF VELLORE UK TrU$TEES' REPORT (Gonllnuodl FOR ThE YE ENDED 31 DEcBER 2020 TYu¥ts•s whoEeNqd duthg th• y••rworv.- Drlit &Jtt (Chak unli 3 20201 Mr D8y8Wn cke (Chaw from 3 Ckt(thr 20201 MrJ&b Suresh (Treasuw 25April 2020. th t884r• ty E88teiine Mikn-clarte (freagJrer Imm 25W 20201 rtr Susan Das Professor Mike K84ih OrGeoffrey lleswJ 2S 20201 R8vJDy Lewne Ire¥ned 25 1 20201 DrAFabella Onskyv Tvary RwJ Dr 15••c DrThomAs Pulimood Mr Rlthrd Rajam8M cYJ0hrn S•m Tlkn W was appm¥•d by11 TrwI8Cfj... . Mr D•Y4n CWO. th*m•n
FRIENDS OF VELLORE UK INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 INDEPENDENT EXAMINER'S REIJORT TO THE TRUSTEES OF FRIENDS OF VELLORE UK I report t)n the finanryal statements of Ihe thaiiiy lor Ihe Jwar ended 31 Oecantw2020 are 8et out on page5 7 to 18. R8spoMlblllil•8 and b••1• ol rgport As the thantys twstees yw a re9wb1e for the p¥Bpantiw ofkn? accourrtj in ¥c¥Thdanc ilh the requirement• ofthe char8& Act 2011 1.the Arfl. I report in re¥ped of rny txamination of Ihe accounts carlièd e4Jl uThJer secbon 145 of the Art an¢J e•rrying out my examinatn I have ffolkmed an the appkabk OireLJns grn by the Chanty Commwn unr sfjclon 14515llbl of Ihe Act. Ind•p•nd•nt •xamln•es statsm•nt I haye compted my examination. I cthfirn) that no malerial matteTr have cam to my attention in p)nneC1 Imth the examination gwing me cause to bdve that in anv matsrial resrtt. 1. 8cMunting rèeords tre not kept in regFed ollht thaiity as r•quireLI by xlJn 130 of th? kt., c 2. th• accounts do not ttord wth thapp TWrA.. I 3. the accounts do nol mplY ilh the applb requirements c¢mIr the forni and c4ntent ofalxounts Set out in tho Charit0 IAee•unt6 )nd R•port#l R•gul•tionB 2CM)8 Olh•r Ih¥h ¥t)y r•quir•rn•nt that th• accounts gw• 'true and fair nol a matter ¢y)nsthr¢d 88 part olan )dwer#Jent ex¥min•bw. I have no concernj ond hav• eorn 8cmM no ovw rnaller¥ in wnntetbjffi the •xaminaon lo Ittention shOuj oè erawn In Ihls pOn In mr to enab a pmper unrkn¥wrwJlrw vl ¥wJuiii¥ iv i¥¥dxyJ. Mr 8 C B¢rrimon BFP. FCA, FCCA Chaler AIL8n LLP Hvu* 48 NewMae¢ Ad CamDrkJge CB5 8DT Date.. 20 May 2021 Pth3e 6
FRIENOS OF VELLORÈ UK STATEMENT OF FINANCIAL ACTMnES IINCORPORAnNG THE INCOME AND EXPEPIDITURE ACCOUNTI FOR THE YEAR ENDEO 31 DECEMBER 2020 RtrIcted Unr••trktsd fund8 lunds 2020 20ZO Totsl fund$ 2020 Total funds 2019 INCOMÈ FROM.. Donations and Investments TOTAL INCOME 198.578 16.133 214,710 37,143 11.$04 48.647 235,721 27.636 Z63 357 237,897 36,131 274,028 EXPENDITURE ON.. Raising fund$ Charrtable adivity Adv$neorn•nl ol h•Athur• lyelopment in India 8.517 233,154 13.856 247.010 301,604 TOTAL EXPENDITURE 19,846 NET INCOIAE I IEXPENDITUREI BEFORE INVESTMENT GAINSIILOSSESI Nel gainslllossesl on in¥•strnenls NET IEXTrtNDITURCI I INCOME BeFORE TRANSFERS 120.9701 28.8NJ 138,7461 12 30,640 151,0101 34.281 64.901 157,0711 68.709 2¥. Transfers beh4een fvnds 15 18.627 118.6271 NETMoveMENT IN FUNDS 132.9831 124.0881 157.0711 29. RECONCILIATION OF FIINrJ%. Total lunds 811 January 2020 TOTAL FUNOS AT 31 OSCÉMBÉR 2020 449.768 314,581 734.388 Page 7
FRIENDS OF VELLORE UK 8ALAPICE SHEET AS AT 31 DECEMBER 2020 2020 2019 FIXED ASSErs Tsngible assets Inve$lments 242 652 026 652,268 289 690 021 690,310 12 CURRENT ASSETS Oebtor8 Cash at b8nk and in h8nd 13 8,407 47.978 3,850 73,576 77,428 CREDITORS.. •mount fallir¥J due ilhiA one y¢ar 14 1.37$ 3.387 NET CURRENT Aa3ETa NET ASSETS SS.010 74.040 764 349 707 278 e.HARITY FUND8 Re5trieted funds UnreJtN¢t¢d lund8 15 16 416,785 290,493 707 278 449,768 314.581 TOTAL FUNOS The fin¥nri81 statements r• approved by Ihe tnjsleu .%l.tyI IQU........ and wJned on their teholf, by.. Mr Day•knn Cl•rt•. Ch•lrrn•n DrEa•tsrtn• Mllh4larkn, Trn••ur•r The ft•t¢g •n pog00 9 to ie form rJFth4•• fin•rtty•l *l•l•ffl•. Poge 8
FRIENDS OF VELLORE UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 ACCOUNTING POUCIES 1.1 Basls of preparatbon of fln•rt¢lal s13tsm•nts The finanryal statements have been prepzred ulr the his[ eost convention ith items ree¢gnised at rJ)st or Iran88ction value Un 0118e staled in the v¥nI notes to these 8c£ounts. Th8 tharity constrtutes a public berefil entty 8$ defined by FRS 102. The finanoal Statements have been prepared in a(tordance bwth AccOunj and Reporting by CharitM.' Staiement of Rectsnmended Practic •ppli¢•ble to charrtYd8 preparing their actounts in atu)rdanL %ilh Fin8nc4AI Reporting SiaThd•rd applicable in the UK and Rewblic ol Ireland tssuJ fft ¢)(Xober 2019. the Finanr381 Rewrting Stèndard 8ppli¢obk in the United Kingdom Republr of Irekind IPRS 1021. Ihe Ch41iiKs ALI 2011. the Compan• Aci 2008. and UK Generally Atwted AoUnting Prace. Go5ng conc•rn b•• Th• TfU5tee$ cwsttjer Ihai the gory orn bawi i8 approoriats 55 they consvjer the resefyes And expected Investment incorne to te al $ulknt ¥L8 to ensu that the Trustees can meet their finanoal oblwjalions for the ne 12 to 18 months and on Ihat b48B the Charity s 4 ooir¥3 rfftnrm Th• TnixtApg ha considered the potential inpaet on Ihe thanty of the current Pandem knry•m a8 COvJtl9. In the hpininn ol the Trut••# th•r• will b• no m¥t•ro1 ¥dv•r4• •ffgd on lh• ¢hanV¢ abilty lo continuo oty a g¢in9 eMcm. FlnJncl•l R•portlng Stsnd•rd 102- R•duc•d dbbclNurv ¢x•rnpllo The Trustee3 have taken 8dv8nloge ol the lollaing ddoJur¢ exemptiw in prepari fincI¥l statement8, 88 pernrtted by FRS 102". . th• rnquirernent of SectKin 7 Slaterrwrt of Cagh FIM. 1.2 Fund •ccountfjng General lunds ar• unrestrthd arv available lor ar th• diitretion ol the Truste in fvrtherrn¢x ofthc general thnrity and ¥¢ noi Lyon 1¥1 wtpu¥v¥. fuiKl¥ ¥1¢ fuiwJ¥ ar 10 useo In accorfafic SFeofic mptssad Dy oonors or whth have teen raised by charity for partojkgr pu•. The of rak8iry and administering $ucn TUThJS are chargeo against IM spetslt fvJThY. The aim and ol •ath restrKted furKTr il set out in t notes lo the financi81518tements. Investhent inccffj•. gains and $Se$ af• 81th8bJ lo ts aFvopr lur•J. P3e g
FRIENDS OF VELLORE UK NOTES TO THE FINANCLAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 I. ACCOUNTING POLICI Icontlnuodl 1.3 Incomo l income k8 f¢¢cgned 0[ the chaiity has entilem•nt to the inc4me. rt ra pYob•bb th•t the irttrfne 11 be r¢¢oN•d and amount of income recivabl8 L¥n bo nwsur•J rBttybty. For 9#es, antitment taken as Ihe earfr of date on erfher. ts thority o •w•r that yobate ha$ en 9ranted, the estste h8$ teen final8d and notificakn ha5 been made by Ihe execLtr($l to the Trustthat dk8tribullon knlll be made, or %then a d1slritmJtn recw•J from the estate. Rettpl of 4 gacy. in whD or in part, Is only rAnsderEd probab when Ihe amwnt be measured reli8bly and th8 charity h88 been notified of the exeuJlorfs intentK)n to make a diithbthK) Where kgacs nofd to the charrty, or the carty is aware of the granliThJ of probate. and the cnteria for incem• r•cognitKn have not been met. then the gacy is treated 88 • conb'rKJent omet 8nd diK4oBed rf material. Donated geN1$ or faglitkBS recc#3nMI wth•n IN? chanty has control over the ttem, any t>)ndrtKJns a$social•d vth lh• dODB1 it•rn haw b••n m•. th• of frcm Ilw use of Ihg ¢hArity of the rtem is probab and th¥1 eWOm t4nefft can m•awr¢d rdklbly. In the Charrts $OAP IFAS 1021, Ihc 9oncrol voluntoor timo of tho Fii•rtd¢ } fy)i rwni¢•d #nd r•f•r t• lh• TN¢t•M' r•p•rt for more infgmion About thew c4nIritrn. On rec•ipl. donated proknKJnal ser¥w5 and donatsd raca'lits recoantsèd on thè tsa8 of the valut of the gift 10 Th cngrtty wnh LB the amoum the cnanry have teen 4111n9 10 Pay TO cwin Se3 or raciinw ol eqUivat 80Jnomi bw•fit on tM martrt a cornspoTrJirvJ amounl vi tln rery4nHed in e¥genditure in the penoo ol receipt. Income tsx reco¥w in r•tstion to r•rfved urthf GfftA•J ordeets 01nI i• recojnleed •t the tine of the donalron. Incorne tax recrabl7 th rd8bon to inNwtrnent inLw N recoJnlMd •t the time the inve$lmenl Income Li rNab. 1.4 Exp•ndllurn Exwnditur• 1$ r•cogntsed orK• tW¢ • a g•l w ¢•trae ot4¥¥tion to me payment a third party, th Yo prob•tyle t1 xttkrwnt 11 b¢ required and the amounl of the obW3ation can be meBJured rdlllty. All expenottufy 1$ aceounioo for on an 4(tIU8L% Da$. 1 eYw1 Inowjthg Swyt costy ana qovernan st8 8re #llotatsd to th• applKabk txpeThJrtu headinp. Fundraisiry co¥¢¥ are Ihw inrred in a•th'ng vduntary cth)ifitArtKIM arnj do not fftdude the cthts ol dissernin8ting infomati¢)n In support of Ihe chantsbk actNfftes. Support ¢xsts are those costs Inrred d1cOY in 5UOPOrt of expenditure on Ihe oL¥eds of ts charity and indude proiecl managemenl camed out al Headquarters. Govemanc costs art ll)•0 in &inr*dpJn wth CIXn4r+ct wrth MnStrtut>n8l and
tatutory requ1ments.
Crtyntts paytsbk aff Lthtsryed tho r offor 4 rngdfr pt ITh oBeee thè offer condrtKnal, such grants beiry re(J)gn15ed as expenditu vthen Ihe cwdrtKJn$ affathin9 a thIa. Grants offered subied to cth)dthns have not boen rnet at Ihe )tar end are noted aa a Commen¢ but not accrued as txpertdrtu. Page 10
FRIENDS OF VELLORE UK NOTES TO THE FIP+ANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 1. ACCOUNTING POLICIES IntInued) 1.6 Tanglble fflxed #$ets and depreciatlon Tn91b fixed assets are staled at cost deprEUBkn. Cwwi8b)n i% prDvided at r8tes cakxJled to write off the c05t of fixed assets. kss their estimad re5hdual v8Jue, o%r theirexpecd useful lives on the lollo%irrfJ bases.. Cornputer EqUityYTrt 33.33% str•Ydh¢ hne 1.6 Inv••tsn•nts Investrrenls are a form of fin8nu81 hstr¥ment Ind are initSany re¢(4noed at their transactSon value and $ubsequeniiy rneasured at their fair vzlue as al Ihe tsalanco sheet date ugn9 Ihe dD&ng quoted mathel pn. Th¥ SIdlI1¥111 ul fiiioiK41 aaiv115 Iwu(ie8 Th r1 9ths aTrJ •rw on rgyaluatson •nd dffjmls throughout the •r. 1.7 Fornlgn eurrnn¢le• Monetary gJ8ets and liabilit$ deromJnad in lorewjn ojrnncitis translat Af#dino Ht rate• ol exchange rulirs at the bal8nc theet date Transactn5 in IDr•ign pJrrenL?os arn Iran8ld into steffjrrfJ at the r rthhig on th• dale of tr•n8aclton. Exthange g•ina and ka1 ar• r•tqnwd in t statom ol fin)nl acts8$. 2. INCOME FROM DONATIONS AND LEGACIES R••trl¢t•d Total Totsl lund¥ 2020 2020 2020 2019 Other L)On8.0n8 Legacies Total donatK)ns ond JBgaoes 198,578 37.143 235.721 184.499 53,398 237 897 235 721 3. INVESTMENT INCOME R••trl¢trd ftsnds 2019 Unrestrl¢t•d fiind• Totsl nd Total fundv 2019 2019 2019 Bank & Iiiivtvst DNKJ8nd5 received- listed in¥esbnents 33 33 27 603 16.133 36.039 P•3e11
FRIEPIDS OF VELLORE UK NOTES TO THE FINANCEAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2020 EXPENDrruRE ON RAISING FUNDS RMtrl¢l¢d UnMtrfct•d fvnds fvnd• 2020 2020 Total fvnd• 2020 Totsl lund• 2019 New3btt¢r Postage Publiuty Salaries Investnt rnanay•n•ot I 2.780 236 2.790 127 319 2.759 651 2.428 3.638 2,027 3.695 709 2.526 5,991 8,517 . GIIANTJ PAYABLE- INJTITLTlloNAL Rtstritt•d Unmtrkt•d lunds fund* 2020 2020 Totsl fund• 2020 Total fundi 2019 per80n to perwn Vellore Rural COMMUnrt Trust VRCT 8ishop6ton Kupparn Link T11r•r r.hildron's Fund Training Fund Low COJI Eif¢¢iiv¢ Gor¢ Unit Palliative Care Paiiiaiive Famil Jawadhi Hil Mission Fund Rehabililalion Ophlhalmefegy Emer9¢n¢y Fvnd FOV Scoti8nd CQVID-19 Alumni Prqe¢ts Kannigapuram AAhA Kirxn Baptist Chrisban Hosprtal Tezpur Kangin Hoapit81 40,000 20,130 3.824 7.634 16,950 14.779 3.541 14,779 3.S41 5.030 8.169 8.169 2.937 179 10.675 2.926 10.291 lo.) 2,937 17? 10.675 2.926 10.291 10.1 12,8C6 210 16,627 31,508 62.798 10,W) 45.5119 19,332 6.e89 6.689 4.98S 17,585 40.114 17.585 Pagc 12
FRIÈNDS OF VELLORE UK NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 DECEMBER 2020 e. GRANT ExPENTuRE ON CHARITABLE ACTPrfITY BY FUND TYPE Advancement of healthcar• and d•¥elowient In Ind1• R•strlctsd lunds 2020 Unr•strlctsd fvnds 2020 Total fund¥ 2020 Totsl fund8 2019 Person lo Person Vellore Rural Communit1 Tryst VRCT Bishop5ton Kuppam Llnk Tucker Ch11dren's Fund Training Fund Low Cog1 Eff•ctiv• ¢•r• Uhit P311iative Care 40,000 14.779 3.541 5.030 8.189 40,000 20,130 3,824 7.834 16,950 14.779 3.541 S.030 8.169 2,937 ITJ 10,675 2.926 10.291 10,000 2,937 1TJ 10.675 2.928 10.291 10,C 12.8C 210 16.627 31.508 Jawddhi Hill¥ Mi$$ion Fund Rehabilrtation Ophthalmology Em•ry•ncy Fund FOV ScOtnd COVID.19 Alumni Prqects Kannig¥puram Asho Kiran Society Baptist Christs'an Hosptal Te2pur Karigiri Hoopitol 10,C#)O 4),309 4>.>OY 19,332 6.689 40,114 17.585 17.585 7. SUPPORT COSTS A•ptrbct•d Umr••trlotod lund8 fvnd• 2020 2029 Totsl nd• 2020 Tot•1 fvnds 2019 Telepho RM cost8 Tr8vel aTrJ subsNten 179 238 219 21 1.418 270 297 278 14.S44 727 Insurance Suty5cMpiioni Salaries Pensions Oepreaalion Governan Indep¢nd¢ht cxarninaticn 82 330 474 15.031 749 3.745 187 ?7 11,286 81 3,440 19,671 4,783 13.8 18.639 P3e 13
FRIENDS OF VELLORE UK NOTES TO ThE FINANCLAL STATEMEPtrs FOR THE YEAR ENDED 31 DECEMBER 2020 8. ANALYSIS OF expENDJTURE BY ACTivrrY Grant lundlD9 of clhfllle• 2020 Support eo•¢• T4t•l 2020 Total 2019 2020 Advancement of health¢we and 4¢volopm?nt in India 228.371 228.371 18.639 18.639 247.010 247,010 301,604 301 604 9. NET INCOMFJIÉXPENDITUREI Thh18 &tsted jfier ¢h¥rging'. 2020 2019 DeDw#atn of 1orvJibkn fix•d 88t•ts". - own•d by the Larity Ind¢pond¢nt Qmominolion fcco 108 Dunn9 th¢ year, no trustèes r•cN•a any r•murnratrJn Iduiy. £NILI. Dunno the year. no twslees receNed any benèfits In kind12019- £NILI Dunn9 Ihe year. no In161 re¢¢Ned ¥8inbur5qm•nt ol eyn88812019. £511. 10. 8TAFF coaTO 2QZQ Staff costs re ¥8 folhm.. Wy9•8 and ••l•rf Pens50ns 18.7 749 IA.1An 727 The av•rag• monthly number ol e[yeeS was.. 112019.. 11 arwj the average monthly number of ernploy diirin¢ th. ypar expres&ed aj full lime eouiv8knt8 ats ImdudYwJ rAw•l •nO partffe $taff).' A¢MInrntor N•. No ernolo I1¥¢d r•munerntion amunb.no to more than £60.LKQ in ether r. Key m•n¥g•m•nt p•rnonn•l ThE total VTnplvyii1II ts¥irfil¥ i1vj1v y¥tlaKrfi L¥Jlititwtions ofk*y petx¥nfi¢l £19.47•. P890 14
FRIENDS OF VELLORE UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 DECEMBER 2020 11. TANGIBLE FIXED ASSETS Computsf Equipment C08t Al 1 January 2020 A(rtIOnS 525 At 31 Oec8mÈw 2020 585 Depr•¢l•tlon At 1 January 2020 Charge for lh¢ year On ¢JL8pos8ls Ai 31 DecernDer 2020 235 343 Net book valu• Al 31 Oecemt•r 2020 242 At 31 Oecembei 2019 289 12. FIXED ASSET8 INVESTMENTS M•rk•t vilu• Al 1 J)nuory 2020 Addrtions Net losses on r•v8lu8Jon Inveslm•nt Dmposals Al 31 nprJ%mhpr 2020 Hl8torfeal cwt 090,021 351.048 164,W11 13.0931 321.048 Inve•tm•nts it marknt v•lue comwl¥• 2020 2019 Listed Investments M8C Ch•rifvnd- Irwne Units 10 632.0 16 652.026 375,351 314,6lV 690.021 All the fixèd a88et investrn•nts arE hekj in the UK 13. DEBTQII3 2020 2019 t)ebtor5 and ppaYMents TAX rp.Mv•rable 2.8S2 4.712 P•3e 15
FRIENDS OF VELLORE UK NOYES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 14. CREDITORS Amounts falling dug IMlhin ong wr 2020 2019 Creditors and accruB 1.375 15. STATEMENT OF FUNDS Bmught fo•10 Trnnsf•rn Inllou G•ln IL088881 C¥rrfed I041d In¢•m• EXp•nd1y• Uttre8tr1ct•d fuThd¥ tsenerai Fun¢JS 314.1 16.827 RHtrfetsd fund• Bmuoht lon¥•rd Trnmfern lrfout) Galn Cird•d for*inl Incom• Expgndlturn P•rson lo Person Veiior• Hurai Comrnuniti•$ Trust VRf.T RiAhMAIo Kuppam Link Tudler chiren' Fund Training Funa Low Cost EffeetN• ca Unrt P#llialiv• Care Palliatsve Farnil Jdwddhi Hlll# mI10n Fu Rehabilrtation Ophthalrnology Emergency Fub FOV qrotlAnd 31,632 141.3251 12.4611 10,440 251,652 11.098 111,lJ& {9531 227.PJ27 13.5411 91,721 40.2 4.445 7,037 16.5151 19,S991 19.9891 14.3811 79,862 33.9)8 4.935 12UI 12.9371 11751 110,6811 12.9261 110.2911 110.0001 14.(XXbl I3,0> 145.8041 138.0151 16.6891 14,97 2.183 57 170 40,934 2.730 40.737 10,250 2x1 9.750 3.681 3.222 45.604 26.444 3,903 COWD-19 Alumni ProjeGIJ Kannigapuram Asha Kiran bOCWY Bapt1 chriSt8n Hosprtal Tezput Krlri Hoypitsl 16,623 1.250 17.380 117.6301 80 440.768 214.710 235.690 18.rt?7 30.640 416.785 Total of frjnos 707 271 Pug¢ 16
FRIENDS OF VELLORE UK NOTES TO THE FINANCLAL STATEMEMrs FOR THE YEAR ENDED 310ECEMBER 2020 15. STATEMENT OF FUNDS leontbnued) P•rnon to Per¥on The Person to Per¥on IPTPI sch¢me is makes small grants to p8tients are unable to Pay for the C05t of thwr medi¢21 care at CMC. Currenty can te given up to Rs. 10,CKO laFsYoximatety £11XII. VelloTr Rural commun111 TTU5t The Rural Unit for Heatth arxj Soo"al Affwts hdps ccfflmwwbes txjikl strewh and wleru by supwt.ng tham in all aspects of health and $lal lbeIng. The Vle Rural Communths Tntst administer5 thi5 fvnd which support8 projerAs across the wholo age SF¢ctrum frryn youth spyts &Jbs to eklerfy welfar¢ ¢¢nts8. with fatming and health stheme5 in beh¥een VRCT Bl$hop5ton-Kupparn Llnk Oonations from supporters of the Bishcpston-Kuppam knnk to support th& thiklwn'i r4ay tsntrè and ethrty centr• at Seeihararnpet. which are overseen by the Rur¥ Unrf¢ of Heath Soo'al Aff8¢'rs. Tuckor Children's Fun This fui)d Is tu wy 4 ¥ilW Mil¥111 f IJMktvi fiuTI lan1185 Itwe hh IIXWlhTrxi of positiv8 outcome Iraining Puna This lund supwts training cf1p)rtun.&s. It may te to Novide indNklual trainino ¢y8nts of uo to £5k f¢f CMC etaff coming lo the UK for continuiry educakn. sMalr amwfits ale ava$L9b to help cover costs ol Mission HOstal Staff rprg.MryJ trainino at c.Mr. qnm• Ar• i$d tr trainiry $cl8r$hips ts sbJdents at CMC and affiliated Instrtutions. L¢)w Cost Ell•ctlv• Car• Unlt This lurtd enables projects at tte Co$1 Eff&ts"ve ca Unit aims to gwe qualty Cost ¥upport to th¢ poore¥t inhabitants of Vellue. P¢ii¥iil¥ Iviiiiujl wiiwiii ILN 1eyi¥ud[i. diid tti#n ¥r¥ only ¢nar9e4 fcf drugs and investigats"on$- even those ¢ are aCcrg to tr uth"du'$ atslity to pay. Illatlv• Gar• Thi5 fund supwts IA• P815i8tive Care at CMC among# those are terminally ill. The team prove$ medical supwt, compassionate ¢8re love at Ihe eTrJ ol pabent'8 lives. often travdling to P8tent'i hcffies Ilthey arè watle to C810 ho8W. Palllatlv• Famlllès Mon9y givgn to $uppgrt orphAfi or lam4v4¥ of d•J ahr hwng boofv trotstod by tho Polliotsv¢ Coro tsam. J•w•dhl Hlll• M¢ney given to SUPFth CMC'S in Ihe lribd ofJMdh" Ml$$ion Funa This fund Is to SUPF#Yt projeth in srnaNer misxfi fwr81$ to CMC Velkxe. Rehabilitatlon The Rehahlitab'on Institute IRehabl treats Ihose $uffm linb loss aFkJ paratygs as 8 regjtt 014dents and disease. Rehab aL80 helps both thè palnt arKI tsir knity secure a sustainabk lifèstya. nphthalmology Funds for ophthalmc4w Ix¢iKts et CMC'S Scfiell Eye HW. Em¢r9¢hoy Fund Funds for patsents unable to affcrfd trealmerrt al CMC ck rbx f811 wthin tt PTP aitwia. POV aEvLliiiid Funds raised ty the FOV ScollaTrJ grojp to albxaie to woigxs at CMC ofts"r clw"ng. COVID-19 Funds qwen to eover Ihe c£¢ts in ty CMC in treoDThJ patiwts iih COMO-19. 8nd also for CMC'S provision ol bas supplies l% irK81 0mun aff&X&J by p¥Klemi Alumnl PmlprtA CMC UMn1 trom 8 SPÉ year group Ibatchl jcyn tcgets to rpA5e ftmds a Spear woject at the I)s. Th alBo indudes epe¢ffic proi¢(ts UK umn donatc fvnda for fr11knn9 reqveJts frcffj CMC. Kannigapufdm Money given lo upw111 CMC Iwldl yi KOnnvJop5W. A8ha Klran So¢ioty Money given In support otASha Kksn S(W. a h05W in (htsha, Ys affil9t CMC. Baptist Chdstlan Ho$pito1 Tewir Funds to support Baptist Chrisban HO3 Tezpur. a mi8sirm in CMC'S netDrk. Karioiri Hospital Funds to supwrt woiec15 at the Sthieffdin Insmulè ofTr*allh - Researth & Lwosy cen Karigiri is with CMC. Page 17
FRIENDS OF VELLORE UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 16. ANALYSIS OF NET ASSETS BETWEEN FUNDS Restslctsd lunds 2020 Unrnstrlcted fund8 2020 Totsl lunds 2020 Totsi funds 2019 Tangib fixed 8580ts Fixed 8S8et in¥881rn8nts Current assets Creditor5 due %%Tthin on• y••r 242 269,9)4 21.722 11.3751 242 652,026 382.122 34,863 690,021 77.426 13.3871 11,3751 416.765 29J.493 707.278 764,349 17. COMPARATIVES FOR ThE STATEMENT OF FINANCIAL ACTi4rynES Rmtrlctsd Unmtdcted fund• fvr>d• Totsl fvnd• 201• 201• 2019 INCOME FROM.. Donation and Itga 212,411 19.2417 231,658 25.486 1G.004 237,897 TOTAL INCOME 274 028 EXPENDITURE ON: R8Ydin9 funds 7.174 Advancement ol tthcare 8nd development in India 287.107 14.497 301,804 TOTAL EXPENDITURE 291.104 312775 NET INCOME I IEXPENDITUREI BEFORE INveaTAIENT GAINJI( LOE¥l 159.4401 20.700 (J8.74al Net 9ain¥llosse$l on investrnents NET EXPENDITURE BEFORE TRANSFERS 49,533 19.913) 19,175 YJ.875 68,709 29,962 156.7351 NET MOVtMENT IN PUNDS P399 18