##
##
##
||||Page|
|---|---|---|---|
|Reference and administrative|details of charity, its trustees|and advisers||
|Trustees'
report|||2-6|
|Independent
examiner's
report||||
|Statement
of financial activities||||
|Balance sheet||||
|Statement
of Cash Flows|||10|
|Notes to the financial statements|||11-21|
##
##
##
##
##
##
##
##
|TRUSTEES' REPORT||||||||FriendS|oI'-||
|---|---|---|---|---|---|---|---|---|---|---|
|FOR THE YEAR ENDED 31 DECEMBER 2023||||||||Yellore""||'-=|
|Projects at the Rural
Unit for Health
and Social Affairs|||||||||||
|o
Elderly welfare centres (f10,285)|||||||||||
|o
Children's
play centre (P4,051)|||||||||||
|o
Sustainable
farming
(E3,394)|||||||||||
|o
Women's
vocational
training
(28,070)|||||||||||
|o
Adolescent
life skills education
(22,076)|||||||||||
|o
Promoting
healthy
living (P1,600)|||||||||||
|Cochlear implant
surgery
for three children (221,891)|||||||||||
|An audiologist
to support
children
with hearing
loss (P3,905)|||||||||||
|Treatment costs for 10children
whose families are unable|||to pay (210,024)||||||||
|The Bridge house project (221,485)|||||||||||
|Senior Training
Fellowship
support
for 2 doctors (26,000)|||||||||||
|CMC Student scholarships
for 6 nurses,
1 paramedic,|1 allied health student|||||(23,984)|||||
|The Community
Lay Leaders Health
Training
Course|(E1,080)||||||||||
|Various
Alumni
Batch Funds and projects (228,222)|||||||||||
|Nutrition
support
for TBpatients (21,835)|||||||||||
|CMC's Emergency
Fund providing
treatment
for patients|||unable|to afford|this (F488)||||||
|During the year the charity also sent 291,332 in grants|to||Indian|mission|hospitals||working|in|||
|partnership
with CMC:|||||||||||
|Karigiri Hospital (210,000) for an effluent treatment
plant|||||||||||
|Baptist Christian
Hospital Tezpur (E3,695) for cardiac|monitors|||and infusion||pumps|||||
|Evangelical
Hospital
Khariar (224,305) for an oxygen|plant||||||||||
|Asha Kiran Hospital
Lamptaput
(225,000) for a women's||hostel|||||||||
|Christian
Hospital
Berhampur
(228,332) for an ambulance|||||||||||
##
##
##
##
##
##
|TRUSTEES' REPORT||||Friends|of|
|---|---|---|---|---|---|
|FOR THE YEAR ENDED 31 DECEMBER||2023||Vellore""||
|Trustees who served during the year were:-
' Mr Dayalan
Clarke (Chair)||||||
|~ Dr Easterine
Mills-Clarke|(Treasurer||until 22/04/23)|||
|~ Mrs Anitha Samuel (Treasurer||from|22/04/23)|||
|~ Dr Susan Das||||||
|~ Professor
Mike Keighley||||||
|~ Dr Arabella
Onslow||||||
|~ The Very Revd Dr Isaac Poobalan||||||
|~ Dr Thomas
Pulimood||||||
|~ Mr Richard Rajamanickam||||||
|~ Dr Johnson
Samuel||||||
|~ Mr Hugh Skeil||||||
|This report
as approved
by the Trostees||on....!!jN[2QW.... and signed||on their behalf by:||
##
##
##
##
##
##
||||Note|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2023|2023|2023|2022|
|INCOME FROM:||||||||
|Donations
and legacies||||77,146|174,426|251,572|236,335|
|Investments||||16,872|88,573|105,445|97,438|
|TOTAL INCOME||||94,018|262,999|357,017|333,773|
|EXPENDITURE ON:||||||||
|Raising funds||||11,553|6,796|18,349|8,781|
|Charitable
activity||||||||
|Advancement
of healthcare||and||||||
|development
in India|||6,7,8|16,439|380,688|397,127|323,495|
|TOTAL EXPENDITURE||||27,992|387,484|415,476|332,276|
|NET INCOME
/ (EXPENDITURE) BEFORE||||||||
|INVESTMENT GAINS/(LOSSES)||||66,026|(124,485)|(58,459)|1,497|
|Net gains/(losses)
on investments|||11|~7,160|~(33,224|~40,384|~93,778|
|NET (EXPENDITURE)|/ INCOME BEFORE|||58,866|(157,709)|(98,843)|(92,281)|
|TRANSFERS||||||||
|Transfers
between
funds|||14|(28,084)|28,084|||
|NET MOVEMENT
IN FUNDS||||30,782|(129,625)|(98,843)|(92,281)|
|RECONCILIATION
OF|FUNDS:|||||||
|Total funds at 1 January|2023|||353,016|1,746,967|2,099,983|2,192,264|
|TOTAL FUNDS AT 31|DECEMBER 2023|||383798|1 617342|2 001 140|2 099983|
##
|||Note||2023||2022|
|---|---|---|---|---|---|---|
|FIXEDASSETS|||||||
|Tangible assets||10||138||286|
|Investments||11||1,837,812||2,012,308|
|||||1,837,950||2,012,594|
|CURRENT ASSETS|||||||
|Debtors||12|12,779||13,201||
|Cash at bank and|in hand||152,835||78,772||
||||165,614||91,972||
|Liabilities|||||||
|Creditors: amounts|falling due||||||
|one year||13|2,424||4,584||
|NET CURRENT ASSETS||||163,190||87,388|
|NET ASSETS||||2001 140||2,099 983|
|CHARITY FUNDS|||||||
|Restricted
funds||14||1,617,342||1,746,967|
|Unrestricted
funds||14||383,798||353,016|
|TOTAL FUNDS||||2 001 140||2 099 983|
|||||||||Note|2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|
|Cash used in operating||activities|||||||(164,859)|197,927|
|Cash flows from investing||activities:|||||||||
|Purchase
of tangible|assets|||||||||(382)|
|Purchase
of investments||||||||||(300,000)|
|Sale of investments|||||||||238,922|60,000|
|Net cash provided
by/(used||||in) investing||activities|||74,063|(42,455)|
|Change
in cash and|cash equivalents||||in|the|reporting|2|74,063|(42,455)|
|period|||||||||||
|Cash and cash equivalents|||at the beginning||||of the||||
|reporting
period|||||||||78,772|121,227|
|Cash and cash equivalents|||at the end||of|the|reporting||||
|period|||||||||152,835|78,772|
|Notes to Cash flow|statement||||||||||
|1.Reconciliation
of|net|income for the|||year||to net cash|flow from operating|activities||
|Net movement
in funds|||||||||(98,843)|(92,281)|
|Adjustments
for:|||||||||||
|Depreciation
charges|||||||||148|210|
|Dividends
and interest from investments|||||||||(104,809)|(70,731)|
|Loss/(Gains)
on investments|||||||||40,384|93,778|
|Decrease/(Increase)|in debtors||||||||422|267,851|
|(Decrease)/Increase|in creditors||||||||(2,160)|(900)|
|Net cash inflow (outflow)||from||operating|activities||||(164,859)|197,927|
|2.Analysis of cash|and|cash||equivalents|||||||
|||||||||At 1||At 31|
|||||||||January|Cash|December|
|||||||||2023|flow|2023|
||||||||||E||
|Cash at bank and
in|hand|||||||78,772|74,063|152,835|
|||||||||78,772|74,063|152,835|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2. INCOM|E FR|OM||DONATIONS
AND LEG|ACIES||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Restricted|Unrestricted|Total||Total||
||||||funds|funds|funds||funds||
||||||2023|2023|2023||2022||
||||||||L'||||
|Donations|||||174,132|66,646|240,778||234,621||
|Legacies||||||10,000|10,000||1,240||
|Other|||||294|500||794||475|
|Total donations||and||legacies|174,426|77,146|25'l,|572|236,335||
|3.INVESTMENT INCOME|||||||||||
||||||Restricted|Unrestricted|Total||Total||
||||||funds|funds|funds||funds||
||||||2023|2023|2023||2022||
|Bank & other interest||||receivable||205||205||110|
|Dividends|received||- listed investments||88,573|16,666|105,239||97,328||
||||||88,573|16,872|105|445|97|438|
##
|4.EXPENDITURE|ON RAISING FUNDS|ON RAISING FUNDS|ON RAISING FUNDS||||||
|---|---|---|---|---|---|---|---|---|
|||||Restricted|Unrestricted||Total|Total|
|||||funds|funds||funds|funds|
|||||2023|2023||2023|2022|
|Newsletter||||1,041|1,772||2,813|2,518|
|Postage||||121||189|310|259|
|Publicity||||315||536|851|2,000|
|Salaries||||5,319|9,056||14,375|4,003|
|||||6 796|11|553|16349|8781|
|5.GRANTS PAYABLE - INSTITUTIONAL|||||||||
|||||Restricted|Unrestricted||Total|Total|
|||||funds|funds||funds|funds|
|||||2023|2023||2023|2022|
|The Baker Fund||||65,000|||65,000|70,000|
|Person to Person||||25,000|||25,000|20,000|
|Vellore Rural Communities|||Trust|26,343|||26,343|19,829|
|VRCT Bishopston|Kuppam||Link|4,051|||4,051|2,755|
|Tucker Children's|Fund|||56,330|||56,330|10,925|
|Training
Fund||||7,675|||7,675|11,486|
|Pappa Quasi-Endowment|||Fund|3,388|||3,388||
|Low Cost Effective||Care Unit||24,700|||24,700|10,167|
|Palliative
Care||||18,699|||18,699|6,593|
|Palliative
Support||||245|||245|434|
|Jawadhi
Hills||||14,054|||14,054|74,057|
|Mission
Fund||||38,332|||38,332|23,570|
|Rehabilitation||||||||244|
|Ophthalmology||||||||732|
|Emergency
Fund||||488|||488|680|
|FOV Scotland||||4,573|||4,573||
|COVID-19||||28,975|||28,975|19,682|
|Alumni
Projects||||28,222|||28,222|17,281|
|Asha Kiran Society||||25,000|||25,000|1,000|
|Madhipura
Christian||Hospital||||||300|
|Subtotal||||371 075|||371 075|289735|
##
|6.GRANT EXPENDITURE|6.GRANT EXPENDITURE|6.GRANT EXPENDITURE|6.GRANT EXPENDITURE|6.GRANT EXPENDITURE|ON CHARITABLE|ON CHARITABLE|ACTIVITY BY|FUND TYPE|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Restricted|Unrestricted|Total|Total|
||||||||funds|funds|funds|funds|
||||||||2023|2023|2023|2022|
||||||||L'||||
|Advancement|of healthcare||||and|development|in India||||
|The Baker Fund|||||||65,000||65,000|70,000|
|Person to Person|||||||25,000||25,000|20,000|
|Vellore Rural Communities||||Trust|||26,343||26,343|19,829|
|VRCT Bishopston|||Kuppam|Link|||4,051||4,051|2,755|
|Tucker Children's||Fund|||||56,330||56,330|10,925|
|Training
Fund|||||||7,675||7,675|11,486|
|Pappa Quasi-Endowment||||Fund|||3,388||3,388||
|Low Cost Effective|||care Unit||||24,700||24,700|10,167|
|Palliative
Care|||||||18,699||18,699|6,593|
|Palliative
Support|||||||245||245|434|
|Jawadhi
Hills|||||||14,054||14,054|74,057|
|Mission Fund|||||||38,332||38,332|23,570|
|Rehabilitation||||||||||244|
|Ophthalmology||||||||||732|
|Emergency
Fund|||||||488||488|680|
|FOV Scotland|||||||4,573||4,573||
|COVID-19|||||||28,975||28,975|19,682|
|Alumni
Projects|||||||28,222||28,222|17,281|
|Asha Kiran Society|||||||25,000||25,000|1,000|
|Madhipura
Christian|||Hospital|||||||300|
||||||||371,075||371,075|289,735|
|7.SUPPORT COSTS|||||||||||
||||||||Restricted|Unrestricted|Total|Total|
||||||||funds|funds|funds|funds|
||||||||2023|2023|2023|2022|
||||||||L'||||
|Telephone|||||||142|241|383|378|
|Travel and subsistence|||||||772|1,315|2,087|1,945|
|Bank charges|||||||32|56|88|120|
|Insurance|||||||154|262|416|376|
|IT software||||||||||88|
|Subscriptions|||||||243|410|653|723|
|Salaries|||||||7,178|12,223|19,401|27,105|
|Pensions|||||||500|851|1,351|1,244|
|Sundry expenses|||||||4|82|86|71|
|Depreciation|||||||55|93|148|210|
|Governance:|||||||||||
|Independent|examination||||||533|907|1,440|1,140|
|2021 Audit||||||||||360|
||||||||9,613|16,439|26,052|33,760|
##
|8. ANALYSIS|O|F EXPEND|ITURE BYACT|IVITY||||
|---|---|---|---|---|---|---|---|
|||||Grant||||
|||||funding
of|Support|||
|||||activities|costs|Total|Total|
|||||2023|2023|2023|2022|
||||||R|||
|Advancement|of|healthcare|and|||||
|development|in|India||371,075|26,052|397,127|323,495|
|||||371,075|26,052|397,127|323,495|
##
|9. STAFF COSTS|||
|---|---|---|
||2023|2022|
|Staff costs were as follows:|||
|Wages and salaries|33,776|31,108|
|Pensions|1,351|1,244|
||35,127|32,352|
||No.|No.|
|---|---|---|
|Management|1|1|
|Admin|1|1|
##
##
##
##
|10.TANGIBLE FIXEDASSE|TS|||||
|---|---|---|---|---|---|
|||||Computer||
|||||Equipment||
|Cost||||||
|At 1 January 2023|||||967|
|Additions||||||
|Disposals||||||
|At 31 December 2023|||||967|
|Depreciation||||||
|At 1 January 2023|||||681|
|Charge for the year|||||148|
|On disposals||||||
|At 31 December 2023|||||830|
|Net book value||||||
|At 31 December 2023|||||138|
|At 31 December 2022|||||286|
|11. FIXEDASSETS INVESTMENTS||||||
|Market value||||||
|At 1 January 2023||||2,012,308||
|Additions||||||
|Disposals||||(238,922)||
|Net gains on revaluation||||(40,384)||
|Re-invested
dividends||||104,810||
|At 31 December 2023||||1 837812||
|Historical cost||||842|170|
|Investments
at market value|comprise|||||
||||2023|2022||
|M&G Charifund
- Accumulation|Units||1,837,812|2,012,308||
||||1,837,812|2,012,308||
|All the fixed asset investments|are held|in the UK||||
|12. DEBTORS|||2023|2022||
|Debtors and prepayments|||11,672|12,323||
|Tax recoverable|||1,107||878|
||||12,779|13,201||
|13. CREDITORS|||2023|2022||
|Amounts
falling due within one|year|||||
|Creditors
and accruals|||2,424|4,584||
##
|14.STATEMENT OF FUNDS|14.STATEMENT OF FUNDS|14.STATEMENT OF FUNDS|||||||
|---|---|---|---|---|---|---|---|---|
||||Brought|||Transfers|Gains/|Carried|
||||forward|Income|Expenditure|in/(out)|(Losses)|forward|
|Unrestricted|||||||||
|funds
General
Funds|||353,076|94,018|~(27,992|~28,084|~7,760|383,798|
||||Brought|||Transfers|Gains/|Carried|
||||forward|Income|Expenditure|in/(out)|(Losses)|forward|
|Restricted funds|||||||||
|The Baker Fund|||1,235,604|64,64
I|(73,866)||(22,646)|1,203,733|
|Person to Person|||645|25,040|(25,009)|||676|
|Vellore Rural Communities||Trust|242,931|18,086|(30,775)|(560)|(5,310)|224,372|
|VRCT Bishopston-|Kuppan|Link|711|2,780|(4,051)|560|||
|Tucker Children's
Fund|||72,413|27,152|(58,546)||(1,466)|39,553|
|Training
Fund|||27,561|3,192|(8,561)||(558)|21,634|
|Pappa Quasi-Endowment||Fund|80,000|5,611|(3,388)||(2,157)|80,066|
|Low Cost Effective|Care Unit||639|22,385|(24,700)|1,676|||
|Palliative
Care||||20,022|(18,699)|||1,323|
|Palliative
Support|||110|240|(245)|||105|
|Jawadhi
Hills||||13,217|(14,054)|837|||
|Mission
Fund|||12,951|897|(38,332)|25,571|(1,087)||
|Rehabilitation|||||||||
|Ophthalmology|||||||||
|Emergency
Fund||||480|(488)||||
|FOV Scotland|||11,343||(4,573)|||6,770|
|COVID-19|||41,010||(28,975)|(8)||12,027|
|Alumni
Projects|||20,403|33,891|(28,222)|||26,072|
|Nursing
Alumni|||648|365||||1,0l3|
|Asha Kiran Society||||25,000|(25,000)||||
|Madhipura
Christian|Hospital||||||||
||||1,746,967|262,999|(387,484)|28,084|(33,224)|1,617,342|
|Total of funds|||2,099,983|357,017|(415,476)||(40,384)|2,001,140|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|15. ANALYSIS OF NET ASS|ETS BETWEEN FUNDS|ETS BETWEEN FUNDS||||
|---|---|---|---|---|---|
||Unrestricted||Restricted|Total|Total|
||funds||funds|funds|funds|
||2023||2023|2023|2022|
|||||F||
|Tangible fixed assets||138||138|286|
|Fixed asset investments|336,|l73|1,501,639|1,837,812|2,012,308|
|Current assets|49,911||115,703|165,614|91,972|
|Creditors due within one year|(2,424)|||(2,424)|(4,584)|
||383,798||1,617,342|2,001,140|2,099,983|
|16. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2022|2022|2022|
|INCOME FROM:||||||
|Donations
and legacies|||36,593|199,742|236,335|
|Investments|||16,430|81,008|97,438|
|TOTAL INCOME|||53,023|280,750|333,773|
|EXPENDITURE ON:||||||
|Raising funds|||6,866|1,915|8,781|
|Charitable
activity||||||
|Advancement
of healthcare|and|||||
|development
in India|||18,150|305,345|323,495|
|TOTAL EXPENDITURE|||25,016|307,260|332,276|
|NET INCOME
/ (EXPENDITURE) BEFORE||||||
|INVESTMENT GAINS/( LOSSES)|||28,007|(26,5
I0)|1,497|
|Net gains/(losses)
on investments|||~17,626|~76,153|~93,778|
|NET EXPENDITURE BEFORETRANSFERS|||10,382|(102,663)|(92,281)|
|Transfers between
funds|||(48,113)|48,113||
|NET MOVEMENT
IN FUNDS|||~37,731|~54,550|~92,281|