The Grail Trust  272411 Trustees Report 2023 

Grail Trust  had a financially successful year in 2023 with income exceeding £25,000 for the first time in many years and totalling £26, 417, an increase of over £6000 on the previous year This was mainly  the effect of some major one-off donations.  As a result we were able to maintain our running costs as a charity to support 110 children in Tamil Nadu, south India,  with no father, for their maintenance and educational costs, especially for those going on to higher study post-16.  We continue to have low administrative costs for running the charity in the UK; there was a payment towards the costs of the visit of two trustees to the project in India.  Last year we expended £5000 towards building costs in India to convert the former Grail Trust orphanage buildings into lowcost social housing, and rental income has accrued from this to offset the conversion costs.   Our supporter list remains stable but it is hard to increase our supporter base as we cannot afford to advertise in the way UK national charities can.  Our supporters are sent two or three  newsletters a year. The trustees meet regularly by Zoom,  both the UK trustees and in consultation with our Indian partners and the AGM is held by Zoom as well. 



The Grail Trust
statement of Financial Activities
SOFA
at 31st December
2023
General
Funds
2023
Previous
Year
2022
Note No
Incoming resources
Donations (not gift aided)
Donations Igtft aided)
Investment income
Income Tax ￿fundS
Total incoming resouces
5,853.47
17.061.00
959.05
2.$44.34
26,417.86
5,572.34
9.505.00
664.52
3,040.42
18,782.28
Resources Expendedl Payrnents
Grail Home and oulreach. I￿lia
Running costs (Ino. admin)
Building costs
19.000.00
0.00
1,100_00
0.00
421.17
o.oo
1,168.00
21,689.17
18,000.00
5,000.00
0.00
0.00
167.50
0.00
0.00
23.167.50
Spnsorship of Indian chiklren
Prinling and stationery
Sundry expenses (Inc b8n(po*age & V￿b5[te)
Legal and trans18tion u>*s
India visti costs
Total resources expended
10
11
Net incomingl(outgoing) resour¢¢s
4.728.69
4,385.22
Gainsl{losses) on investsnents
1.106.66
-3,002.24
Nel rnovernent in funds
5.835.35
-7.387.46
Total funds brought forvrard
41.748.59
49,136.05
Totsl funds carried forward
47.583.94
41,748.59

The Grail Trust
Balance Sheet as at 31st December
2023
General
Funds
2023
Previous
Year
2022
Note No
Current Assets
Cash in harsd {cheques awaiting banktng)
Bank current account
Money Manager account
COIF Charttes Depostt Fund account
COIF Charites Fixed Interest Fund Uni15
DebloEs
11.46
20.578.98
4.910.89
22.082.61
291.82
16.269.47
4,211.35
20.975.95
47.583.94
41.748.59
Credtlors (dedud)
Total Current Assets
Represented By
Accumulated Fund at 1st January
Surplus l Deficit for the year
41.748.59
5.835.35
47.583.94
49.136.05
1 381.46
41.748.59
Noles
Creditot3.'

Notes to 2023 Statement of Financial Activities
SOFA
General Funds
Income
nditure
ote
1 Donations Inot gtft aided)
bank orders
other doRations
donations via CAF
donations via webstte
online shopping donations
note
2022
Grail Home l outreach
Running costs
GT{l) admin
Building costs
0.00
1392.08
1212.9)
3508.32 &548 80
915.00
38.07
5853.47 sS7134
19000.00
0.00
0.00
19000.00
1PAJX).OD
)c
23000.00
7 Sponsorship of Indian children
Educ. fees & equipment
1100.00
1100.00
2 Donations {gift aided}
bank orders
other donations
5066.00 44￿
11995.00
17061.00 9505.00
8 Printing and stationery
printing and stationery
0.00
3 Investment income
Bank interest
COIF FIF & Dep income
259.51
699.S4
959.05
9 Sundry expenses
Postage
Meeting expenses
Bank chaoes
Website expenses
646 87
0.00
0.00
421.17
0.00
421.17
66&52
0750
000
167.80
4 Income Tax refunds
Gift Aid tax refunds
2544.34 I1)￿A2
10 Legal and translation costs
Legal etc costs
0.00
0.00
11 India visit Costs
1168.00
0.00
Tot Incoming ResouceslReceipts
26417.86 18782.28
Tot Resources ExpendedlPayments 21689.17
23167.50

The Grail Trust
Accounts for
ear ended 31st December 20
Inde
ndent Examinerfs Re
GRAIL TRUST ACCOUNTS 2023
Basis of Independent Examineffs reporL"
My examination was carried out in accordance with the Generdl Dire(lions given by the Charity
CommissioneE5. An examination includes a rewew of the accounbng reeA)rds kept by the Trust
and a comparison of the Financial Statements prEsented with those records. It a150 includes
consideration of any unuyjal items or disclosures in the Financial Stalements. and seeknng
explanalions from the Trust conceming any such fflatter5.
The Procedures undertaken do not provide all the eviden￿ thai would be rEquired in an audit and
consequently I do not exwe&s an audit opinion on the view given by the Finan￿81 Statements.
Independent Examinefs statement."
In connection vthh my examination. no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any materi21 respect the requirements
(a) to keep accounting reconls in accor(lance wtth section 41 of the At#; and
(b) to prepare Financial Statements which accord with the accounting records arn1 to comply wrth
the accounting requirements of the Act have not been met. or
(2) to which. in my opinion, attention should be drawn in order to enable a proper understanding of the
Financial Statements to be reached.
Independent Examiner.
Signature:
Name:
Qualification=
Add￿Ss.
Date:
i £
Yis. 6uL

The Grail Trust
statement of Financial Activities
SOFA
at 31st December
2023
General
Funds
2023
Previous
Year
2022
Note No
Incoming resources
Donations (not gift aided)
Donations Igtft aided)
Investment income
Income Tax ￿fundS
Total incoming resouces
5,853.47
17.061.00
959.05
2.$44.34
26,417.86
5,572.34
9.505.00
664.52
3,040.42
18,782.28
Resources Expendedl Payrnents
Grail Home and oulreach. I￿lia
Running costs (Ino. admin)
Building costs
19.000.00
0.00
1,100_00
0.00
421.17
o.oo
1,168.00
21,689.17
18,000.00
5,000.00
0.00
0.00
167.50
0.00
0.00
23.167.50
Spnsorship of Indian chiklren
Prinling and stationery
Sundry expenses (Inc b8n(po*age & V￿b5[te)
Legal and trans18tion u>*s
India visti costs
Total resources expended
10
11
Net incomingl(outgoing) resour¢¢s
4.728.69
4,385.22
Gainsl{losses) on investsnents
1.106.66
-3,002.24
Nel rnovernent in funds
5.835.35
-7.387.46
Total funds brought forvrard
41.748.59
49,136.05
Totsl funds carried forward
47.583.94
41,748.59

The Grail Trust
Balance Sheet as at 31st December
2023
General
Funds
2023
Previous
Year
2022
Note No
Current Assets
Cash in harsd {cheques awaiting banktng)
Bank current account
Money Manager account
COIF Charttes Depostt Fund account
COIF Charites Fixed Interest Fund Uni15
DebloEs
11.46
20.578.98
4.910.89
22.082.61
291.82
16.269.47
4,211.35
20.975.95
47.583.94
41.748.59
Credtlors (dedud)
Total Current Assets
Represented By
Accumulated Fund at 1st January
Surplus l Deficit for the year
41.748.59
5.835.35
47.583.94
49.136.05
1 381.46
41.748.59
Noles
Creditot3.'

Notes to 2023 Statement of Financial Activities
SOFA
General Funds
Income
nditure
ote
1 Donations Inot gtft aided)
bank orders
other doRations
donations via CAF
donations via webstte
online shopping donations
note
2022
Grail Home l outreach
Running costs
GT{l) admin
Building costs
0.00
1392.08
1212.9)
3508.32 &548 80
915.00
38.07
5853.47 sS7134
19000.00
0.00
0.00
19000.00
1PAJX).OD
)c
23000.00
7 Sponsorship of Indian children
Educ. fees & equipment
1100.00
1100.00
2 Donations {gift aided}
bank orders
other donations
5066.00 44￿
11995.00
17061.00 9505.00
8 Printing and stationery
printing and stationery
0.00
3 Investment income
Bank interest
COIF FIF & Dep income
259.51
699.S4
959.05
9 Sundry expenses
Postage
Meeting expenses
Bank chaoes
Website expenses
646 87
0.00
0.00
421.17
0.00
421.17
66&52
0750
000
167.80
4 Income Tax refunds
Gift Aid tax refunds
2544.34 I1)￿A2
10 Legal and translation costs
Legal etc costs
0.00
0.00
11 India visit Costs
1168.00
0.00
Tot Incoming ResouceslReceipts
26417.86 18782.28
Tot Resources ExpendedlPayments 21689.17
23167.50

The Grail Trust
Accounts for
ear ended 31st December 20
Inde
ndent Examinerfs Re
GRAIL TRUST ACCOUNTS 2023
Basis of Independent Examineffs reporL"
My examination was carried out in accordance with the Generdl Dire(lions given by the Charity
CommissioneE5. An examination includes a rewew of the accounbng reeA)rds kept by the Trust
and a comparison of the Financial Statements prEsented with those records. It a150 includes
consideration of any unuyjal items or disclosures in the Financial Stalements. and seeknng
explanalions from the Trust conceming any such fflatter5.
The Procedures undertaken do not provide all the eviden￿ thai would be rEquired in an audit and
consequently I do not exwe&s an audit opinion on the view given by the Finan￿81 Statements.
Independent Examinefs statement."
In connection vthh my examination. no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any materi21 respect the requirements
(a) to keep accounting reconls in accor(lance wtth section 41 of the At#; and
(b) to prepare Financial Statements which accord with the accounting records arn1 to comply wrth
the accounting requirements of the Act have not been met. or
(2) to which. in my opinion, attention should be drawn in order to enable a proper understanding of the
Financial Statements to be reached.
Independent Examiner.
Signature:
Name:
Qualification=
Add￿Ss.
Date:
i £
Yis. 6uL