OLD THOMIANS ASSOCIATION IN THE UNITED KINGDOM
REPORT AND ACCOUNTS
YEAR ENDED 31ST AUGUST 2024
PUBLIC
THE OLD THOMIANS ASSOCIATION IN THE UNITED KINGDOM EXECUTIVE COMMITTEE –2023/2024
President
Mr Raveenthiraraja Nirrushan
Vice President
Mr Shantaraj Sivalingam
Secretary
Dr Nirusha Weerasinghe
Treasurer
Mr Chinthana Samarasinghe
Sports and Social Mr Hashan Dias
Independent Examiner Mr Vijay Sivalingam
U.K Registered Charity No. 289649
PUBLIC
OLD THOMIANS ASSOCIATION IN THE UNITED KINGDOM INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST AUGUST 2024
| NOTES INCOME Membership fees 2 Members Events 3 Gift Aid TOTAL EXPENDITURE Members Events 4 TOTAL EXPENDITURE SURPLUS FOR THE YEAR TRANSFER TO MEMBERS ACCUMULATED FUND |
2024 2023 £ £ 607 667 42,506 4,648 1,566 708 |
|---|---|
| 44,679 6,023 |
|
| 36,359 4,890 |
|
| 36,359 4,890 |
|
| 8,321 1,133 8,321 1,133 |
PUBLIC
OLD THOMIANS ASSOCIATION IN THE UNITED KINGDOM BALANCE SHEET AS AT 31st AUGUST 2024
| NOTES CURRENT ASSETS Debtors 6 Cash at bank- U.K. account CURRENT LIABILITIES Creditors 7 NET ASSETS REPRESENTED BY: Members Accumulated Fund 5 Unrestricted Funds Funds for Rev James Chapman Tombstone Project |
2024 2023 £ £ 2,524 738 14,102 10,789 |
|---|---|
| 16,626 11,527 |
|
| 643 1,282 |
|
| 643 1,282 |
|
| 15,983 10,245 13,983 8,245 2,000 2,000 |
|
| 15,983 10,245 |
| ON BEHALF OF THE EXECUTIVE COMMITTEE |
|---|
| President Hon Treasurer |
| Mr. Raveenthiraraja Nirrushan Mr. Chinthana Samarasinghe |
| Independent Examiners Report - to the members of the OLD Thomians Association in the U.K. |
| In my opinion , the financial statements which have been prepared under the historical |
| cost convention, give a true and fair view of the state of affairs of the Association as |
| at 31st August 2024 and the surplus for the year ended. |
| Mr Vijay Sivalingam |
| Independent Examiner |
PUBLIC
OLD THOMIANS ASSOCIATION IN THE UNITED KINGDOM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2024
(1) ACCOUNTING POLICIES
-
1.1 These accounts have been prepared under the historical cost convention.
-
1.2 Membership fees are accounted for on the basis of subscriptions received.
| (2) MEMBERSHIP FEES | 2024 2023 £ £ |
|---|---|
| Fees received during the year | 607 667 |
| (3) MEMBERSHIP EVENTS AND DONATION INCOME | |
| Royal Thomian Cricket Balls- Annual Rugby Income Dinner Dance 17th May Social Over 70s Cricket WC Sponsor AGM Walk-A-Mile |
999 3,528 660 495 140 - 38,612 - 1,844 - 250 - - 20 - 605 |
| (4) MEMBERS EVENTS EXPENDITURE | 42,506 4,648 |
| Royal Thomian Cricket Balls- Annual Rugby Expense Dinner Dance 17th May Social Website Expenditure Book donation project Bank Charges AGM Walk-A-Mile |
1,211 3,624 810 600 220 - 32,204 - 1,660 - 94 155 100 - 61 - - 234 - 277 |
| 36,359 4,890 |
|
| (5) MEMBERS ACCUMULATED FUND Balance at 1st September 2023 Transfer to funds for the year 2023/24 Gift Aid write-off Cricket pavillion project Balance at 31st August 2024 |
10,245 10,795 8,321 1,133 - (1,683) (2,582) |
| 15,983 10,245 |
PUBLIC
OLD THOMIANS ASSOCIATION IN THE UNITED KINGDOM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2024
| (6) DEBTORS Gift Aid - HMRC Royal Thomian Dinner Dance (7) CREDITORS Royal Thomian Kits Walk-A-Mile Website/ OTAUK email Cricket balls |
2024 2023 |
|---|---|
| £ £ |
|
| 2,304 708 - 30 250 - |
|
| 2,524 738 |
|
| 211 250 277 277 155 155 - 600 |
|
| 643 1,282 |