| Page | |
|---|---|
| Reference andadministrative details of charity, its trusteesandadvisers | 1 |
| Trustees'report | 2-6 |
| Independent examiner's report | 7 |
| Statement of financialactivities | I |
| Balancesheet | 9 |
| Statement ofCashFlows | 10 |
| Notesto the financial statements | 11-21 |
| Note | UnrestrictedRestricted Total |
UnrestrictedRestricted Total |
Total | |
|---|---|---|---|---|
| funds | funds tunds |
funds | ||
| 2022 | 2022 2022 |
2021 | ||
| Eq | t | E | ||
| INCOME FROM: | ||||
| Donations and legacies Investments TOTALINCOME |
z J |
36,593 16,430 53,023 |
199,742236,335 81,008 97,438 280,750333,773 |
1,755,034 64,211 1,819,245 |
| EXPENDITURE ON: | ||||
| Raising funds | 4 | 6,866 | 1,915 8,781 |
/!or., |
| Charitable activity | ||||
| Advancement of healthcareand development inIndia |
6,7,8 | 18,150 | 305,345 323,495 |
433,471 |
| TOTALEXPENDITURE | 25,016 | 307,260 332,276 |
441,084 | |
| NET INCOME /(EXPENDITURE) BEFORE TNVESTMENTGArNS(LOSSES) |
28,007 | (26,510) 1,497 |
'1,378,161 | |
| Netgains/(losses) on investments NET (EXPENDTTURE)/ INCOMEBEFOHE |
11 | (17,626) (76,153)(e3,778) 10,382 (102,663)(92,281) |
106,825 1,484,986 |
|
| TRANSFEFS | ||||
| Transfers between funds | 14 | (48,113) | 48,1 13 | |
| NET MOVEMENTINFUNDS | (37,731) (s4,550)(92,281) | 1,484,986 | ||
| RECONCILIATION OF FUNDS: | ||||
| Total fundsal1January 2022 | 390,7471,801,5172,192,264 | 707,278 | ||
| TOTALFUNDS AT 31 DECEMBER2022 | _a5991€ 1J_46p67499p93492fr4 | |||
| All activities relate to continuing operations. |
| Note | 2022 | 2021 | |||
|---|---|---|---|---|---|
| e | € | ||||
| FIXED ASSETS | |||||
| Tangible assets | 10 | 286 | 114 | ||
| Investments | 11 | 170q ?q6 | |||
| 1,795,469 | |||||
| CURRENT ASSETS | |||||
| Debtors | 12 | 13,201 | 281,052 | ||
| Cash at bank and in hand | 78,772 | 121,227 | |||
| 91,972 | 402,279 | ||||
| Liabilities | |||||
| Creditors: amounts falling due | |||||
| one year | IJ | 4,584 | 5,484 | ||
| NET CURRENT ASSETS | 87,388 | 396,795 | |||
| NET ASSETS | |||||
| CHARITYFUNDS | |||||
| Restricted funds | 14 | ||||
| Unrestricted funds | 14 | ||||
| TOTALFUNDS |
| Note | 2022 | 2021 | |
|---|---|---|---|
| t | t | ||
| Cash usedin operatingactivities | 1 | 197,927 | 1,083,239 |
| Cash flowsfrominvesting activities: | |||
| Purchase of tangible assets | (382) | ||
| Purchaseofinvestments | (300,000)(1,010,000) | ||
| Sale of investments | 60,000 | 10 | |
| Netcash provided by/(used in) investing activities | (240,382)(1,009,990) | ||
| Changeincash andcash equivalentsinthe reporting period |
,(42,455) | 73,249 | |
| Cash andcash equivalentsatthe beginningofthe | |||
| reporting period | 121,227 | 47,978 | |
| Cash andcash equivalentsat theendofthe reporting period |
78.772 | 121.227 | |
| NotestoCashflowstatement | |||
| 1.Reconciliation ofnetincome for theyeartonet cash | flowfrom operatingactivities | ||
| Net movementinfunds | (92,281) | 1,484,986 | |
| Adjustments for: | |||
| Depreciation charges | 210 | 128 | |
| Dividends and interestfrominvestments | (70,731) | (26,514) | |
| Loss/(Gains) on investments | 93,778 | (106,82s) | |
| Decrease/(lncrease)indebtors | 267,851 | (272,645) | |
| (Decrease)/lncreaseincreditors | (s00) | 4,109 | |
| Net cash inflow(outflow)fromoperating activities | 197,927 | 1,083,239 |
| 2.Analysis ofcash andcash equivalent | s | ||
|---|---|---|---|
| At1 | At31 | ||
| January | Cash | December | |
| 2022 | flow | 2022 | |
| e | t | E | |
| Cash at bank and in hand | 121,227 | (42,455) | 78,772 |
| 121227 | (42,455) | 78,772 |
| Restricted | Unrestricted | Unrestricted | Total | Total | |
|---|---|---|---|---|---|
| funds | funds | lunds | lunds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| EE | ee | ||||
| Donations Legacies Other |
199,275 - 467 |
35,345 1,240 B |
234,621 1,240 475 |
448,611 1,306,423 |
|
| Total donations and legacies | 199,742 | 36.593 | 236,335 | 1,755,034 | |
| 3.INVESTMENT INCOME | |||||
| Restricted | Unrestricted | Total | Total | ||
| funds | funds | funds | funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| t | e | E | E | ||
| Bank&olher interest receivable | 110 | 110 | 5 | ||
| Dividends received - listed investments | 81,00B | 16,320 | 97,328 | 64,207 | |
| 81.008 | 16.430 | 97,438 | 64,211 |
| 4.EXPENDITUREONRAISING FUNDS | ||||
|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | |
| funds | funds | funds | funds | |
| 2022 | 2022 | 2022 | 2021 | |
| t | t | t | t | |
| Newsletter | 504 | 2,014 | 2,518 | 2,421 |
| Postage Publicity |
151 459 |
108 1,541 |
259 2,000 |
276 't,059 |
| Salaries | 801 | 3,202 | 4,003 | 3,857 |
| 1.915 | 6,866 | 8,781 | 7,613 | |
| 5.GRANTS PAYABLE-INSTITUTIONAL | ||||
| Restricted | Unrestricted | Total | Total | |
| funds | funds | funds | funds | |
| 2022 | 2022 | 2022 | 2021 | |
| e | E | E | E | |
| TheBakerFund | 70,000 | 70,000 | ||
| PersontoPerson | 20,000 | 20,000 | 40,000 | |
| Vellore Rural Communities Trust | 19,829 | 19,829 | 11,983 | |
| VRCT Bishopston Kuppam Link | 2,755 | 2,755 | 3,046 | |
| Tucker Children'sFuno | 10,925 | 10,925 | 10,000 | |
| TrainingFund | 11,486 | 11,486 | 1,136 | |
| Low Cost EffectiveCareUnit | 10,167 | 10,167 | 6,000 | |
| Palliative Care | 6,593 | 6,593 | 1,465 | |
| Palliative Families | 434 | 434 | 200 | |
| JawadhiHills | 74,057 | 74,057 | 13,033 | |
| Mission Fund | 23,570 | 23,570 | 16,870 | |
| Rehabilitation | 244 | 244 | 72 | |
| Ophthalmology | IJZ | 732 | 10,240 | |
| EmergencyFund | 680 | 680 | 2,536 | |
| covtD-19 | 19,682 | 19,682 | 263,375 | |
| Alumni Projects | 17,281 | 17,281 | 13,894 | |
| Asha Kiran Society | 1,000 | 1,000 | ||
| Baptist Christian Hospital Tezpur | 7,750 | |||
| Kotagirl Medical Fellowship | 100 | |||
| Karigiri Hospital | 6,122 | |||
| Madhipura Christian Hospital | 300 | 300 | ||
| Subtotal | 289,735 | 289,735 | 407,822 |
| 6. GRANT EXPENDITURE ONCHARITA | BLEACTIVITY BY F | UND TYPE | UND TYPE | ||
|---|---|---|---|---|---|
| Restricted funds 2022 EE |
Unrestricted lunds 2022 |
Total funds 2022 t |
Total funds 2021 E |
||
| Advancementofhealthcare anddevelopment inIndia | |||||
| The BakerFund | 70,000 | 70,000 | |||
| PersontoPerson | 20,000 | 20,000 | 40,000 | ||
| Vellore Rural Communities Trust VRCT Bishopston Kuppam Link |
19,829 2,755 |
19,829 2,755 |
11,983 3,046 |
||
| Tucker Children'sFund | 10,925 | 10,925 | 10,000 | ||
| TrainingFund Low Cost EffectivecareUnit |
11,486 10,167 |
11,486 10,167 |
1,136 6,000 |
||
| Palliative Care | 6,593 | 1,465 | |||
| Palliative Families | 434 | 434 | 200 | ||
| JawadhiHills | 74,057 | 74,057 | 13,033 | ||
| MissionFund | 23,570 | 23,570 | 16,870 | ||
| Rehabilitation | 244 | 244 | tz | ||
| Ophthalmology | I.tz | 10,240 | |||
| EmergencyFund covtD-19 |
680 19,682 |
680 19,682 |
2,536 263,375 |
||
| Alumni Prolects | 17,281 | 17,281 | 13,894 | ||
| Asha Kiran Society | r,000 | ||||
| Baptist Christian Hospitalfezpur | 7,750 | ||||
| Kotagirl Medical Fellowship | 100 | ||||
| Karigiri Hospital | 6,122 | ||||
| Madhipura Christian Hospital | 300 | ||||
| 289,735 | 289,735 | 407,822 | |||
| 7. SUPPOBT COSTS | |||||
| Restricted | Unrestricted | Total | Total | ||
| funds | funds | funds | funds | ||
| 2022 e |
2022 t |
2022 e |
2021 t |
||
| Telephone | tott | 210 | a.7e | 241 | |
| Room hire costs | 208 | ||||
| Travel and subsistence | 1,059 | 886 | 1,945 | 13 | |
| Bank charges | 24 | YO | 120 | ||
| Insurance | 7C, | 301 | J/O | 349 | |
| lT software | 18 | 70 | 88 | to | |
| Subscriptions | 166 | 557 | 723 | qle | |
| Salaries | 13,184 | 13,921 | 27,105 | 15,430 | |
| Pensions | 560 | 684 | 1,244 | 772 | |
| Recruitment | 2,160 | ||||
| Sundry expenses | 14 | 57 | 7'l | ?6 | |
| Depreciation | 42 | 168 | 210 | 128 | |
| Professional fees | 120 | ||||
| Governance: | |||||
| Independent examination Accountancy |
228 | 912 | 1,140 | 240 900 |
|
| 2021 Audit | 15$m- ]5,btu |
288 -----18-j5o=-J-md 1q,150 33,760 360 |
25,649 4,500 |
| 8.ANALYSIS | OFEXPENDITUREBYACT | IVITY | ||||
|---|---|---|---|---|---|---|
| Grant | ||||||
| fundingof | Support | |||||
| ' | activities 2022 I |
costs 2022 e |
Total 2022 t |
Total 2021 t |
||
| Advancement | ofhealthcare and | |||||
| development | inIndia | 289,735 289,735 |
33,760 33,760 |
323,495 323,495 |
433,471 433,471 |
| 9.STAFF COSTS | ||
|---|---|---|
| Staff costs were as follows: | 2022 e8 |
2021 |
| Wagesand salaries Pensions |
31,108 1,244 |
19,287 772 |
| 32,352 | 20,059 |
during theyearexpressedasfulltimeequivalentswa |
sasfollows(including casual and part-time staff) |
: |
|---|---|---|
| No. | No. | |
| Management Admin |
11 1- |
|
| 2 |
| 10.TANGIBLEFIXEDASSETS | ||
|---|---|---|
| Computer | ||
| Equipment | ||
| E | ||
| Cost | ||
| Al1January2022 | 585 | |
| Additions | 382 | |
| Disposals | ||
| At3lDecember2022 | 967 | |
| Depreciation | ||
| At1 January 2022 | 471 | |
| Charge forthe year | 210 | |
| On disposals | ||
| At31December2022 | 681 | |
| Netbookvalue | ||
| At31December 2022 | ||
| At31December 2021 | ||
| 11.FIXEDASSETS INVESTMENTS | ||
| E | ||
| Market value | ||
| At1 January 2022 | 1,795,355 | |
| Additions | 300,000 | |
| Disposals | (60,000) | |
| Net gains on revalualion | (93,778) | |
| Re-invested dividendb | 70.731 | |
| At31December2022 | 2,012.308 | |
| Historical cost | 881,092 | |
| Investmentsatmarket value comprise | ||
| 2022 | 2021 | |
| E | e | |
| M&G Charifund- IncomeUnits | 1,014,232 | |
| M&G Charifund-AccumulationUnits | 2,012,308 | 781,123 |
| 2,012,308 | 1,795,355 | |
| All thefixed asset investments are heldintheUK | ||
| 12.DEBTORS | 2022 | 2021 |
| t | E | |
| Debtors and prepayments | 12,323 | 279,999 |
| Taxrecoverable | 878 | 1,053 |
| 13,201 | 281,052 | |
| 13.CREDITORS | 2022 | 2021 |
| Amountsfallingduewithin oneyear | t | e |
| Creditors and accruals | 4,584 |
| 14. STATEMENT OF FUNDS | ||||||
|---|---|---|---|---|---|---|
| Brought forward E |
lncome t |
Translers Expenditurein/(out) rte |
Gains/ (Losses) |
Carried forward e |
||
| Unrestricted | ||||||
| funds General Funds |
390,747 | 53,023 | (25,016)(48,113) | (17,625)353,016 | ||
| Brought forward e |
Income t |
Transfers Expenditurein/(out) eee |
Gains/ (Losses) |
Carried forward c |
||
| Restrictedfunds | ||||||
| TheBakerFund | 1,301,128 | 58,558 | (71,483) | (52,5ee) | 1,235,604 | |
| Person1oPerson | 20,645 | (20,000) | 645 | |||
| VelloreRuralCommunities Trust | 256,367 | 22,980 | (22,7e5) | (13,621) | 242,931 | |
| VRCT Bishopston- Kuppan Link | 3,466 | (2,755) | 711 | |||
| Tucker Children'sFund | 83,123 | 5,447 | (12,408) | (3,74e) | 72,413 | |
| TrainingFund | 38,481 | 2,302 | (11,486) | (1,736) | 27,561 | |
| Pappa Quasi-EndowmentFund | 81,795 | (300) | (1,4e5) | 80,000 | ||
| Low Cost Effective Care Unit | 10,388 | 418 | (10,167) | 639 | ||
| PalliativeCare | coJ | (6,5e3) | 6,030 | |||
| Palliative Families | 40 | 504 | (434) | 110 | ||
| JawadhiHills | 819 | 42,488 | (85,649) | 42,342 | ||
| MissionFund | 36,600 | 2,874 | (23,570) | (2,es3) | 12,951 | |
| Fehabilitation | 144 | 72 | (216) | |||
| Ophthalmology | 760 | (760) | ||||
| EmergencyFund | 100 | 540 | (681) | 41 | ||
| FOV Scotland | 3,903 | 7,440 | 11,343 | |||
| covtD-19 | 59,938 | 754 | (1e,682) | 41,010 | ||
| Alumni Projects | 10,200 | 27,484 | (17,281) | 20,403 | ||
| Nursing Alumni | 288 | 360 | 648 | |||
| Asha Kiran Society | 1,000 | (1,000) | ||||
| Madhipura Christian Hospital | 300 | (300) | ||||
| 1,801,517 | 280,750 |
(307,260) | 48,113 | (76,153) | 1,746,967 | |
| Total of funds | 2,192,264333,773(332,276) |
| 16.ANALYS]S OF NET ASSETS BETWEEN | FUNDS | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | lunds | funds | funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| e | t | e | t | ||
| Tangible fixed assets | 286 | 286 | 114 | ||
| Fixed asset investments | eq? o?o | 1,658,369 | 2,012,308 | 1,795,355 | |
| Current assets | 3,374 | 88,598 | 91 | ,972 | 402,279 |
| Creditors due within one vear | (4,584) | (4,584) | (s,484) | ||
| 353.016 | 1,746,967 | 2,099,983 | 2,192,264 |
| I7.COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | ACTIVITIES | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| 2021 | 2021 | 2021 | ||
| E | t | E | ||
| INCOME FROM: | ||||
| Donations and legacies | 80,255 | 1,674,779 | 1,755,034 | |
| Investments | t,5,+zI | 50,791 | 64,211 | |
| TOTAL INCOME | YJ,b/O | 1,725,570 | 1,819,245 | |
| EXPENDITURE ON: | ||||
| Raising funds | 5,054 | 2,559 | 7,613 | |
| Charitable activity | ||||
| Advancement of healthcare and | ||||
| development inIndia | 17,031 | 416,440 | 433,471 | |
| TOTAL EXPENDITURE | 22,085 | 418,999 | 441,084 | |
| NETTNCOME/ (EXPENDTTURE) BEFORE | ||||
| INVESTMENTGArNS(LOSSES) | 71,590 | 1,306,571 | 'I,378,161 | |
| Netgains/(losses) on investments | 38,821 | 68,004 | 106,825 | |
| NET EXPENDITURE BEFORE TRANSFERS | 1 | 10,411 | 1,374,575 | 1,484,986 |
| Transfers between funds | (10,157) | 10,157 | ||
| NET MOVEMENT IN FUNDS | 100,254 | 1,384,732 |
1,484,986 |