## **Friends of Calcutta**
## **Cathedral Relief Service**
## **Annual Report for the Financial Year 1[st] April 2021 to 30[th] March 2022**
## **Introduction**
The Friends of the Calcutta Cathedral Relief Service is a registered charity (number 266302). It has no offices.
During the financial year, the trustees were: The Right Reverend Michael Harrison (Chairman) Mr Clive Brown (General Secretary) The Reverend David Walker (Treasurer until 29[th] September 2021) The Reverend Anita Matthews Mr Ade Miller (Treasurer from 29[th] September 2021) Ms Gemma Pask Ms Elizabeth Stanley-Wainwright Dr Alison Brown Mr John Forster
On the 27[th] May 2021, Dr Jenny Lunn resigned as a Trustee and Ms Pask was appointed as a Trustee in her place to take over the role of managing Communications for the Charity. On the 29[th] September 2021, Mr Miller was appointed Trustee and Treasurer, and it was agreed that he should become a signatory to the Charity’s bank accounts.
## **Purpose and Main Activities of the Charity**
The purpose of the Charity is to further the work undertaken by the Calcutta Cathedral Relief Service (CRS) among the destitute and needy in the slums of Kolkata, and a number of villages in West Bengal. The main activities of the Charity are to raise funds for CRS, to publicise the work of CRS, and to support CRS with advice and expertise where possible.
## **Structure, Governance and Management**
The governing document of the Charity is a Constitution which was last amended on the 28[th] August 2019. A copy of the Constitution can be found on the UK Friends section of the CRS website at
http://www.cathedralreliefservice.net/supporters/ukfriends
As a small charity, there has hitherto been no need for a formal structure, although certain trustees do take on specific roles. The trustees meet twice or three times a year to transact the business of the Charity. There is also frequent contact between trustees by e mail.
Previously, there were regular visits by trustees to Kolkata which enabled due diligence to be carried out on how funds sent to CRS by the Charity were spent, but these visits ceased with the advent of Covid 19. It is, however, intended that they will be resumed in 2023. In August and September 2022, the Bishop of Calcutta, the Right Reverend Dr Paritosh Canning, who is the Chairman of CRS, Mr Rig David, who is the Director of CRS, and four other members of the CRS governing body, visited London, Derby, Cambridge and Oxford, where they met some of the trustees and spoke about the work of CRS in Kolkata. There is also regular contact with CRS by e mail and video calls, and Bishop Paritosh and Mr David now attend the meetings of trustees (which are held online) when they are able to do so.
## **Financial Policies and Financial Review**
The trustees have adopted a policy to maintain a minimum balance of £1000 on the General Fund at any one time to meet expenses.
During the financial year under review, the Charity has not held any funds as custodian trustee for others. On occasion, however, the Charity does receive funds from other entities for onward transmission to CRS provided the funds are intended to further the work of CRS. This is because it is more expeditious for funds intended for CRS to be transmitted together rather than separately.
CRS requires a certificate under the Indian Foreign Contribution Regulation Act (FCRA) in order to receive funds from outside India. The usual procedure is for CRS to send the Charity requisitions for the funds it needs, detailing the specific purposes for which they are required. Payment is made into CRS’s account with the State Bank of India in Delhi. This is in accordance with the Indian Government FCRA Regulations.
During the financial year, transfers totalling £42,369 were made against requisitions received (£49,998 in 2020/21), of which £23,600 was from general funds, and £18,769 restricted funds.
Income during the financial year was £56,129 of which £26,811 was general funds, and £29,318 was restricted funds. Income in 2020/2021 was £50,000.
The bequest from the estate of the late Patricia Payne remains invested through Rathbones Investment Management on a discretionary basis. This produced investment income of £3,588 during the financial year. The book value of the investment at the end of the financial year was £142,788 which represented cost, and the actual market value was 149,754.
The trustees have an investment policy which is kept under review.
## **Achievement and Performance**
A number of initiatives were started or progressed during the financial year, in particular:
- Smartphone Project: Because of the Covid 19 crisis, funds were provided to purchase numbers of smartphones which have been used by the schools and women’s empowerment centres to continue teaching and training. These have been a great success.
- The sum of £16,405 was raised in memory of Gabbi Basra, a student at Derby High School, who had visited CRS and spent time working in one of the schools. The money has been used to fund a Memorial Bursary for gifted young people.
- A Nutrition Programme has been started to provide children at the schools with a nutritious midday meal, and funding provided for this project up to October 2022.
Newsletters were sent out to supporters in July 2021 and February 2022.
The trustees continue to have due regard for their duty to comply with guidance of the Charity Commission on public benefit in the exercise of their powers or duties.
## **Friends Of Calcutta Cathedral Relief Service Charity Number 266302 Accounts for the year ended 31 March 2022**
## **Income and Expenditure Account**
|**Totals**
**Totals**
**Accumulated Reserves Carried Forward**
Income
Notes
Individual Donations
Supporting Churches, Charities, Schools
2
Donations through Just Giving
Other Restricted Fund Income
Investment Income
Bank Interest
Tax Recovered
Expenditure
Transfer of funds to CRS
Communications and Publicity
3
Gift for retiring trustee
Insurance
Bank Charges
4
Net Surplus/(Deficit) for the year
Adjusted Value Of Rathbones Portfolio
5
Accumulated Reserves Brought Forward|General
Funds
2022 Restricted
Funds (Note 1)
Endowment
Total Funds
2021 Total
Funds
£
£
£
£
£
11,319
234
0
11,553
18,919
5,626
10,246
0
15,872
16,656
4,518
18,423
0
22,941
6,035
0
0
0
0
860
3,588
0
0
3,588
3,319
4
0
0
4
3
1,756
415
0
2,171
4,208|
|---|---|
||**26,811**
**29,318**
**0**
**56,129**
**50,000**
23,600
18,769
0
42,369
49,988
228
0
0
228
458
84
0
0
84
0
206
0
0
206
206
179
0
0
179
171|
||**24,297**
**18,769**
**0**
**43,066**
**50,823**
**7,730**
**12,838**
**142,788**
**163,356**
**150,294**
2,514
10,549
0
13,063
0
0
0
0
10,494
5,216
2,289
142,788
150,293
140,623
(823)|
## **Friends Of Calcutta Cathedral Relief Service Charity Number 266302 Accounts for the year ended 31 March 2022**
|**Balance Sheet**|**Notes**|**2022**|**2021**|
|---|---|---|---|
|||£|£|
|CAF Cash Account||1,279|2,522|
|CAF Gold Account||17,454|1,966|
|Barclays Community Account||429|465|
|Barclays Premium Account||1,406|2,552|
|Rathbones Investment Management Portfolio|5|142,788|142,788|
|**Totals**||**163,356**|**150,293**|
The accounts were approved by the Trustees on 1st December 2022
A Miller (Treasurer)
**Friends Of Calcutta Cathedral Relief Service Charity Number 266302 Accounts for the year ended 31 March 2022**
## **Notes To The Accounts**
## **1 Restricted Funds**
|**Restricted Funds For CRS Projects**|**B/F**|**Received**|**Paid To CRS**|**C/F**|
|---|---|---|---|---|
|Arunima Hospice|67|56|(123)|0|
|Appeal: Covid 19, Cyclone Amphan, Smart Phones|(213)|842|(629)|0|
|Nari Dana|150|118|(268)|0|
|Hastings School|79|465|(79)|465|
|Pally Mangal Building|600|0|(600)|0|
|Nutrition Project|0|8,723|(8,723)|0|
|Awami School|0|1,187|0|1,187|
|Brace Bridge|0|1,146|(1,146)|0|
|Gabbi Basra Memorial|0|16,405|(5,220)|11,185|
|**Total**|**683**|**28,942**|**(16,788)**|**12,837**|
|**Other Restricted Funds**|**B/F**|**Received**|**Paid To CRS**|**C/F**|
|Staff Medical Expenses|1,606|375|(1,981)|0|
|**Total**|**2,289**|**29,317**|**(18,769)**|**12,837**|
## **2 List Of Supporting Churches, Charities, Schools**
Ashgate School St Weburgh's Church St John's C of E School Tadworth & Walton Overseas Trust St Laurence School Melbourn PCC Baslow St Anne's C of E Primary School Little St Mary's Church, Cambridge Winchmore Hill URC St Peter's. Derby St John's Church, Walton Belper PCC Palmers Green URC
3 The amount of £228 under Communications and Publicity represents the expenses of maintaining the website and printing and posting newsletters
4 Bank Charges are comprised of a monthly account fee charged by CAF Bank and the cost of transfers of funds to CRS in India.
## **5 Rathbones Investment Management Portfolio**
The value of the portfolio is taken as the lower of cost or the value at the year end. The portfolio value was £149,754 at the 31st March 2022 which was an increase of £1,706 compared to the valuation at 31st March 2021.As the valuation is higher than the original cost of £142,788 there is no requirement for an adjustment to the valuation in the 2021/22 accounts.
Charity Number 266302
Accounts forthe year ended 31 Mah 2022
Independent Examirnrf$ Roport to th• Tntee*
I report on the accounts of the Charity for the year erthy 31 Marth 21Y22. set cyjl on pages 1 arKI 2 and
accompanying notes.
RoSP•Ctlvè Responsibillties of the Comrnitt•e and the Ex*min•r
As tho Charivs Trustees you are res[nsite for thè kyeparakn of lh8 accnts.. you (SIder that
the audit requirefflent of $eth"on 144(2) of the Chanties Act 2011 { Act) does [1 8pply. It is my
responsibility to state. on the basis of predureS s)fied in the GerrnI tlirections given by the
Charity CommiswoneTS under 8e(aion 14515}Ib) ofthe Arl Partlar matters have come to
my attention.
Ba818 of Independent Examlnerfs Report
My examin81ton w8s carriedrKrt in 8rxordancewiththe General Di110nS gNenbythe Charity
Commissioners.An examination includesa rewew ofthe accounts.ng records keptby thecharity
and a companson ofthe ac¢ountspres8nt8dwilhthose records. It also includescon8iderab.on
any unusual items or disclosures in the acwunts. and seeking explanatj'ons from you as the
trusteesconcerning any such matters. Theprocedures undÈrtakeA do rK)tprovidèalltheevidence
thatwould be required in an audrt. •id nSequenty I do ThAexpre8san auditopinionon theviv•V
given by Iheaccounts.
IndOnd•t Ex•mlnerfs Statofflent
In connection with my examination, no matler has come to my attentron..
111 which give8me reasonable cau8eto b81iovethgt in material respectthor8quirement8
-to keep nting rec47rd8 in &eordanc* 8eckni 130 oflhe Act. and
- topreparea¢¢ountswhich xcordwiththeaccountirKJ $8j10 complywith the
accountsng requirements of the Act
have not been mrt or
(2)towhtch, In myopinion. attention shouklbedranin (ydertowabtea properunderstanding of
Iheaccountsto bere&h&J.
Signed:
Fr8nk Startln FCA
91 Sralpdiffe Road
Burton on Trent
st3fFord8hire
DE15 9AB
24th November 2022