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2021-12-31-accounts

Annual Report 1st January - 31st December 2021

Annual Report

1st January - 31st December 2021

Company Number: 1903863

Charity Number: 291818

Contents Contents Page
1. Directors & Trustees Report 1-9
2. Legal & Administrative Accounts 10-13
3. Report of the Examiner 14
4. Statement of Financial Activities, Income & Expenditure 15
5. Balance Sheet 16
5. Notes to the Accounts 17-22

Report of the Directors & Trustees

Board update

2021 was another challenging year for us in Susila Dharma Britain as it was for most of the world, due to the ongoing Covid-19 pandemic which caused much upheaval. Most of us were still in varying forms of lockdown which didn't allow us to meet face to face until conditions relaxed in September. Most of our meetings were held online via Zoom. Our AGM was held in September at the Subud Britain congress at Loudwater. In spite of these challenges our Board remained steady and we were able to carry out our work.

In September we said goodbye to Harry Sweetman, who has been our treasurer for many years and a trustee since October 2018 and did a fantastic job. We are very grateful for all his hard work and dedication. He set up good systems for our accounting and granting payments which continue to serve us well.

During the year many of the projects we supported faced much disruption to their operations and were forced to adapt their work to be able to function in some way or shape under the restrictions of their respective governments in the pandemic. We were hugely impressed with the ways in which these projects did this, with courage and determination amidst very difficult circumstances, and we were pleased to be able to continue our support of them in order to fulfil our mission in Susila Dharma Britain. We were able to support eight projects as well as the international Susila Dharma Association (SDIA) with its ongoing network/project monitoring support.

Financial Overview

We were overwhelmed with a very generous bequest left to SDB from a dear Subud sister Amalya Noel, who passed away in 2021 leaving almost £198,000 that we received in September. This boosted our funds tremendously and we are very grateful to Amalya for this gift.

During the 2021 calendar year SDB:

1

Donations

Our annual income comes from three sources:

Thanks

The Trustees and Directors would like to acknowledge all our donors for their support this year in time, money or both, which has made our work possible. We especially thank the Blond Trust who continue to generously fund community development projects in DR Congo, one of the poorest nations in the world, where our contributions match other funds from the SDIA network, and efforts are now progressing towards establishing Community Learning Centres for young women.

We thank SDIA for their commitment to the Susila Dharma network of project members and national representative teams, enabling projects and members to meet and discuss needs and aspirations, carry out research and monitoring of projects throughout the pandemic, and set up a regular online visit to projects for all Subud members to join.

We thank Subud Britain for support in providing space for our AGM and in our communications with Subud members through the Subud Journal and emails on our behalf. We thank the Loudwater Subud Centre for allowing us to meet there in January.

Last but not least we thank Waugh & Co Chartered Accountants for their continual service of auditing our accounts and taking on the task of our Treasurer role following the resignation of Harry Sweetman.

Support of Projects around the World

In 2021 we continued to support development projects in Africa, Asia and South America, with the emphasis on small scale works in the agricultural, environmental, health, social welfare and educational fields. These projects include:

Yayasan Tambuhak Sinta (YTS), Kalimantan Indonesia

A social enterprise researching & promoting sustainable agriculture and fish-farming/ products in Kalimantan, Indonesia, YTS does important outreach and development work with local communities, supporting local government to assist people with sustainable livelihoods. SDB has supported this project over several years as it continues to demonstrate a well-researched, bottom-up approach, working closely with villages to set up cooperatives to train local people and enable them to grow produce for selling to the surrounding markets.

Our particular thread where we are involved along with SD Canada and USA is with local villagers, mostly women, who are developing fish-farming and agricultural projects to be more self-sustaining. They get training and help with marketing and business planning. In times of food shortage, all ways of generating food and well-being become greatly

2

significant. Working in the environment throws up many challenges for farmers, as anyone might imagine: just when something seems to be going well, a bad season can turn everything around, so it’s a continual struggle trying to get the balance of productivity and independence right.

Photos: Agricultural training and harvests in Kalimantan, facilitated by YTS

Borneo Football International Foundation (BFIF), Kalimantan Indonesia

This project, which is also in Kalimantan, works with local children and trains them with football and English language skills. They learn teamwork and about good self-care in terms of nutrition and education. They have a strong moral code against drugs and alcohol, which affect many young people in their community. They've been very successful in giving young people direction and purpose, and they have a great track record with both boys and girls. Each individual is encouraged to live well, be responsible, and show diligence with their schoolwork. The project offers English language and IT training, and nutritional supplements to help the youngsters where families are often unable to afford healthy meals. This year the pandemic forced them to close the football programme but the team developed an online programme of healthy exercise and fun educational tasks that children could do at home. In addition, BFIF were active in distributing masks and nutritional supplements to families and the wider community where local government were slow to act.

An exciting piece of news is that they have been successful in obtaining funding towards a new pavilion building that they will run indoor sports from, and expand their capacity for running events and attracting investment from the wider community. We're very pleased that we could offer a very generous grant to match fund this new initiative, along with other SD Nationals. We will donate to the building project in 2022.

3

Photos: Borneo International Football Foundation.

I Protect Me (IPM), South Africa

Over the last few years, we have contributed funds and moral support to I Protect Me, and we were pleased to help them again this year. In spite of Covid they have persevered with their worthy programme of outreach to children in communities and schools, using mentoring of students and women to encourage self-protection and defence against sexual abuse. They have begun getting support and funding from the South African social welfare department and other private trusts, so we are very pleased for them as this will aid their sustainable development in South Africa.

Photos: Self-defence training sessions being carried out by I Protect Me, South Africa

Health Centres & Community Learning Centres, DR Congo - various locations

Over many years the SD Congo team, with the support of funding from SDB, other SD Nationals and generous funding from the Blond Trust, Buchan Foundation (private Canada-based trust) and funds raised from the BMZ (German government) through SD Germany, have established several health centres in DR Congo, which is one of the poorest nations in the world. A committed collaborative approach coordinated by the SDIA Executive Office, working closely with a strong SD Congo team on the ground, has enabled this to happen. Together the SDIA network has created community health centres and maternity clinics, offering medical treatment for the communities they serve.

4

The new thrust is to develop community learning centres alongside the health centres, where young women and mothers can train in job skills to improve their employment opportunities. This year SD Canada were successful with the help of the SDIA team to obtain a significant grant from the Canadian government to progress with three community learning centres.

SDB has also supported a training programme at the health centres for the use of local medicinal herbs such as artemisia used in the treatment of malaria. The courses were set up through SD Germany using Anamed, a well-established programme in central Africa.

Photos: Health centre being completed at Kwilu-Ngongo, DR Congo

RSD Guelson, Angola

In neighbouring Angola, this is a newer SD project dealing with a similar approach to BFIF in Kalimantan. It provides training in football and handball for young boys and girls. We gave them a grant to establish a job-training programme in IT and computer skills alongside their sports programme, to help their young people get employment. We are pleased that they have been able to make a start with this programme, although they were affected badly by the pandemic and had to close their facility for some time.

Photo: New IT Vocational training centre at RSD Guelson, Angola

5

FUEGOS (Food for Change), Ecuador

We've funded FUEGOS, a project in Ecuador for a second year. FUEGOS is working with a deprived community in Manabí region which was hit hard by an earthquake four years ago. The project aims to re-engage people with nutritious indigenous food through training and community outreach. We committed funds to support this new project in 2019 but they weren't able to start their project work until 2020. Our grant supports living accommodation, IT support and Covid testing for the cooking students, alongside a larger grant from an Italian-Ecuadorian trust, which has allowed the team to establish a fantastic food school and restaurant in the area called Iche. This opened in 2021, and the first group of students were able to complete their training and graduate.

Photos: FUEGOS (Food For Change) students Luis Fernando Duenas and Bella Cheme Bone

CADO, Ecuador

CADO supports local farmers in a very remote part of the Andes. Our grant in 2020, along with funds from other SD Nationals, was to support them to build a radio communications network so they can carry out their work as a joint enterprise to use local products such as ethanol made from the sugar cane they grow. Previously they've managed to gain the interest of successful companies like The Body Shop and Dr Brunners. Unfortunately during 2021 they suffered a setback when the Ecuadorian government froze their bank account due to a tax charge on a shipment of cargo to be sent to North America. This caused a delay in them delivering their programme of work. They worked hard to resolve this situation.

Photo: Gathering sugar cane in the mountains of Ecuador - CADO farmers

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Working with the international network

We continued to work closely with our international umbrella organisation Susila Dharma International Association (SDIA). The SDIA team coordinates some of our projects with other SD Nationals, carries out important research and reporting to enable projects to be set up and monitored, and obtains funds from outside trusts. It supports our own charitable work to progress with guidance and compliance within a framework that holds up to scrutiny from outside our organisation. We contributed towards SDIA's core funding costs this year. Without them we would not be able to achieve our aims with international projects.

Support of Projects in Britain

Enthum Foundation

We've contributed another year to Enthum Foundation, specifically to the programme that supports the therapeutic work with the refugee young people in Eastbourne. Our donation has helped with individual counselling, group therapy and also supports the staff with personal counselling. During this last year our funding has supported the English learning and other extra-curricular activities at the centre. We've been assisted by our Susila Dharma brothers and sisters in Netherlands and France who are also keen to support this great project here in UK.

Enthum has exciting news in that it successfully set up a new centre in 2021, a few doors down from the existing one in Eastbourne. The charity has been recognised regionally as a great model for operating this kind of residential refugee centre, and we are very pleased that we have been able to support them over the past four years to get established. Our grants have boosted the local government and other private trust donations they receive to run the centres.

Photos: Enthum House Residential Centre, Eastbourne - new centre opened 2021.

Flora Cultura Wales

We’ve committed funds to a new project in the Welsh borders that has been set up by Subud member Rashid Benoy. In September, Flora Cultura Wales began its programme of gardening for people with mental health and learning difficulties. SDB has provided funding for gardening tools, training and office materials. Rashid worked hard to

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establish a Board of trustees and set up links with local people to get a good project support team. He is using a beautiful old walled garden near Hay-on-Wye as the base for the project, and together with his colleague Janice, they operate on Mondays there with a group of seven people from the local area. Their aspiration is to find a second location where they can work more, making a good home for the project.

Photos: Visit to Flora Cultura - garden tools in the shed, and view from the greenhouse with Rashid and colleague Janice

Support of Subud Members in Hardship in Britain

We continued our support of the Almoners Fund, which disbursed grants to Subud members in difficulty, administered by the group of eight helpers and their secretary Raymond Prescott.

In 2021 several grants totalling £18,130 were disbursed from the Almoners restricted fund dedicated to helping Subud members experiencing personal hardship. Furthermore a total of £2,175 was disbursed in the form of Christmas gifts to families, couples and individuals in need. All applications for grants and Christmas gifts are made via helpers in local groups.

8

Legal & Administrative Accounts

SDB was established under Articles of Association incorporated on 10th April 1985, amended 27th August & 3rd September 2005, and 24th August 2014.

Trustees

Chair Vincent Mount - appointed 2017 (trustee since 2014) Treasurer/Trustee Harry Sweetman - appointed September 2018, (stepped down in September 2021) Trustee Matthew Shorter - appointed 2016 Trustee Maurice Baker - appointed May 2018 Trustee Adela Kerr - appointed September 2018 Trustee Emily Faludy - appointed September 2020

Trustees of the charity are also Directors of the Company.

Registered Office

1st Floor, 51 High Street, Arundel, West Sussex BN18 9AJ

Registered Charity Number

291818

Company Number

1903863

Website

www.sdbritain.org.uk

Principle Officers

Treasurer: Harry Sweetman until September 2021, then Edmund Chavasse on behalf of Waugh & Co. Accountants

Bank

CAF Bank, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME 19 4JQ

Solicitors

Bates Wells & Braithwaite LLP, Scandinavian House, 2-6 Cannon Street, London EC4M 6YH

Accountant

Waugh & Co., 1st Floor, 51 High Street, Arundel, West Sussex BN18 9AJ

Investment Advisors

SDB Funds: CAF Bank Investments

Almoners Funds: Quilter Cheviot Ltd, 1 Kingsway, London WC2B 6AN

Objects

The Objects of the Association are to promote any charitable purposes for the benefit of the public anywhere in the world.

9

Purpose

The purpose of SDB is to enable Subud members in Britain to express their humanitarian wishes through their own and other members projects, supporting people in need. Subud members belong to the World Subud Association (WSA), and are united through a direct, personal spiritual experience called the latihan. SDB uses the phrase "guided from within to take action in the world" to steer its aims as a charity.

Organisation

The Association is a Company limited by guarantee and registered as a Charity. The governing documents are the Articles of Association that were fully revised in 2014. SDB is the social and humanitarian wing of Subud Britain , which is a voting member of SDIA, which is in turn a voting member of WSA. Voting members of SDB are comprised of the voting members of Subud Britain. They receive and approve the annual report and accounts at the Annual General Meeting and elect the trustees/directors to the Board. SDB is a grant-making association.

As a member of SDIA it receives applications for funding from SDIA project partners around the world. It funds these partners rather than managing projects directly. It also funds some projects within the UK that are not members of SDIA. These project partners have a connection in some way to the Subud Association; typically one or more members will be involved in some way with the management of the organisation.

Management

In 2021, the Board comprised 6 trustees, all Subud members. They carry out the executive and governance associated with charity and company management with the exception of book-keeping. The Almoners are appointed through Subud Britain to identify and facilitate support to Subud Britain's members who find themselves in hardship. The restricted beneficiary fund focuses on providing short term financial help for those in need.

Board Changes in 2021

Harry Sweetman resigned from the Board in September.

Governance

The Trustees met four times during the year to make grants, review investments, carry out due diligence and perform all management activities of the association. Policy Development

Since 2019, we have introduced two new policies & updated an existing one:

10

Granting Policy

The trustees are mindful of the UN Sustainable Development Goals when awarding grants in the developing world. All goals are supported through the range of projects funded. Within the UK, projects that address social deprivation & care for vulnerable people receive priority. All applications are considered on their individual merits, though preference is given to those projects that demonstrate a clear strategy to some financial sustainability. Trustees aim to award grants throughout the year at the quarterly Board meetings. Guidelines and forms for applicants are available from the Chair on request. As SDB funds are generally modest, the trustees tend to fund small to medium-sized projects where small grants can have more impact, or in collaboration with other bodies such as SDIA and fellow SD Nationals, where the combined funds can have greater impact still. The majority of the grants made are for one-off projects with an identifiable outcome, although some grants fund salaries and running costs. There are generally more funding needs within the Susila Dharma network than the Charity has funds to support. In recent years we have been fortunate to receive some substantial bequests that have boosted our funds and granting activity, but that income has been largely spent and we are currently transitioning to a lower income & spend pattern .

Reserves Policy

The Reserves Policy is reviewed annually in line with guidance issued by the Charity Commission. The trustees aim to keep between 3 and 6 months cover in relation to known liabilities in addition to a smaller provision of free reserves, which is kept for unforeseen liabilities.

Investment Policy & Performance

In previous years, SDB has benefitted from funds being invested on its behalf. These are divided into two funds. The main funds for SDB Funds are managed by CAF Bank Investments. The smaller fund earmarked for the Almoners is managed by Quilter Cheviot Ltd. Trustees receive an annual report from their Investment Managers and aim to ensure that long term capital growth is in line with relevant indices. Usually there is a gain made each year but sometimes a loss, as there was in 2020. In 2021, there was a gain on the capital amount across all investments, equating to £22,681. This means at the end of the year SDB currently has invested funds in the region of £237,054 for its main fund, and £61,700 for the Almoners fund.

Risk Assessment

The trustees have examined the major strategic, business and operational risks to which the Association may be exposed. The trustees continue to be vigilant and to keep their processes under review.

Public Benefit

Trustees are aware of the Charity Commission guidance on Public Benefit and confirm that they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard of it. They consider that the full information which follows in this annual report, about the Trust's aims, activities and achievements in the many areas of interest that the Trust supports, demonstrates the benefit to its beneficiaries and through them to the Public, that arise from those activities.

11

Directors' Responsibilities

Company law requires the Directors to prepare accounts for each financial year which give a true and fair view of the state of affairs of the company and of the profit and loss of the company for that period. In preparing those accounts the directors are required to:

Select suitable accounting policies and then apply them consistently

Make judgments and estimates that are reasonable and prudent

Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue business

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure the financial statements comply with the Companies Act 1985. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the company and to prevent and detect fraud and other irregularities. The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Signed on behalf of the Board of Directors/Trustees

Vincent Mount

Director

Approved by the Board of Directors on 31 July 2022

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SUSILA DHARMA BRITAIN

INDEPENDENT EXAMINER'S REPORT

Report to the Trustees of Susila Dharma Britain on the accounts of the charity for the year ended 31 December 2021.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity's trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act").

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in my respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ("the 2011 Act"). In carrying out my examination, I have followed the Directors given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

INDEPENDENT EXAMINER'S STATEMENT

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Elwyn Waugh, FCA Waugh & Co Chartered Accountants

51 High Street, Arundel, West Sussex BN18 9AJ Dated: 31 July 2022

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SUSILA DHARMA BRITAIN

STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE

FOR THE YEAR ENDED 31 DECEMBER 2021

Note
INCOME AND ENDOWMENTS
Incoming resources from generated funds
Donations and legacies
Investment income
Total Incoming Resources
EXPENDITURE
Charitable activities
3
Total Resources Expended
Net Incoming (Outgoing) Resources
before Transfers
Transfer between Funds
NET (EXPENDITURE) INCOME FOR THE YEAR
OTHER RECOGNISED GAIN
Realised gain on investments
Unrealised gain (loss) on investments
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS
Total funds brought forward
Total funds carried forward
10		 Unrestricted
Funds
214,533
3,423
217,956
54,998
54,998
162,958
-
162,958
-
-
162,958
95,652
258,610		 Restricted
Funds
16,274
2,268
18,542
20,747
20,747
-2,205
-
-2,205
-
4,465
2,260
131,556
133,816		 Expendable
Endowment
Funds
-
-
-
-
-
-
-
-
-
18,216
18,216
218,838
237,054		 Total
Funds
2021
230,807
5,691
236,498
75,745
75,745
160,753
-
160,753
-
22,681
183,434
446,046
629,480		 Total
Funds
2020
149,154
7,569
156,723
90,420
90,420
66,303
-
66,303
-
-15,818
50,485
395,561
446,046

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

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SUSILA DHARMA BRITAIN

BALANCE SHEET AS AT 31 DECEMBER 2021

Note
FIXED ASSETS
Investments
5
CURRENT ASSETS
Debtors
6
Cash at bank
CREDITORS: amounts falling due
within one year
7
NET CURRENT ASSETS
NET ASSETS
THE FUNDS OF THE CHARITY
TOTAL CHARITY FUNDS
10		 Unrestricted
Funds
-
-
7,722
252,894
260,616
-2,006
258,610
258,610
258,610		 Restricted
Funds
61,700
61,700
1,462
70,654
72,116
-
72,116
133,816
133,816		 Expendable
Endowment
Funds
237,054
237,054
-
-
-
-
-
237,054
237,054		 Total
2021
298,754
298,754
9,184
323,548
332,732
-2,006
330,726
629,480
629,480		 Total
2020
276,073
276,073
7,388
164,336
171,724
-1,751
169,973
446,046
446,046

Signed on behalf of the Board of Directors

Vincent Mount Director

Approved by the Directors: 31 July 2022

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SUSILA DHARMA BRITAIN NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

1. GENERAL INFORMATION

The charity is a private company limited by guarantee, registered in England & Wales and a registered charity in England & Wales. The address of the registered office is 51 High Street, Arundel, West Sussex, BN18 9AJ.

2. ACCOUNTING POLICIES

Accounting conventions and basis of preparation

The accounts have been prepared in accordance with:

(a) FRS102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard in the UK and Republic of Ireland (FRS102) (Charities SORP (FRS102))

(b) The Charities Act 2011

(c) the historic cost basis of accounting, as modified by the revaluation of certain financial assets and liabilities measured at fair value through income and expenditure.

The financial statements are prepared in Sterling which is the functional currency of the entity.

Fund accounting

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the

general objectives of the charity.

Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Incoming resources

All incoming resources are included in the Statement of Financial Activities when the charity is

legally entitled to the income and the amount can be quantified with reasonable accuracy. The

following specific policies are applied to particular categories of income:

unconditionally entitled to the grant.

Resources expended

All expenditure is accounted for on an accrual basis. Expenditure includes any VAT which cannot be recovered, and is reported as part of the expenditure to which it relates. The following specific policies are applied to particular categories of expenditure:

directly to such activities and those costs of an indirect nature necessary to support them.

statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity.

Cash flow

The accounts do not include a cash flow statement because the company, as a small reporting entity,

is exempt from the requirements to prepare such a statement under Financial Reporting Standard 'Cash flow statements'.

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SUSILA DHARMA BRITAIN

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

2. ACCOUNTING POLICIES (continued)

Tax recoverable

Tax recoverable relating to Gift Aid income is taken into account in the year in which the donation is received.

Valuation of investments

Investments held as fixed assets are shown at current valuation.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates, and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their very nature will rarely equal the related actual outcome.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

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SUSILA DHARMA BRITAIN

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

3. RESOURCES EXPENDED - CHARITABLE ACTIVITIES

RESOURCES EXPENDED - CHARITABLE ACTIVITIES
Activities undertaken directly
Almoners
Anamed DRC
Anisha
Borneo Int Football Assn
BCU School Rangan Sari
CADO
CAP UK
Enthum Foundation
Flora Cultura
FUEGOS
GCS
ICDP
I Protect Me
Paula Hallett Trust
RSD Guelson
SDIA DRC Projects
SDIA COVID
SDIA
TUM Ludoteka
Wisma Mulia
WSA Care Support
Yayasan Tambuhak Sinta
Yayasan Usaha Mulia
You Are Not Alone
Other costs
Total charitable activities		 Unrestricted
Funds
-
-
-
3,502
-
-
-
5,000
5,820
5,325
-
-
3,638
-
4,351
15,000
-
5,938
-
-
-
3,520
-
-
-
52,094
2,904
54,998		 Restricted
Funds
20,305
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
442
-
-
-
-
-
-
20,747
-
20,747		 Expendable
Endowment
Funds
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total Funds
2021
20,305
-
-
3,502
-
-
-
5,000
5,820
5,325
-
-
3,638
-
4,351
15,000
-
6,380
-
-
-
3,520
-
-
72,841
2,904
75,745		 Total Funds
2020
16,878
1,514
-
2,852
5,100
4,545
4,000
4,600
-
-
2,500
1,935
3,499
-
-
25,183
437
6,229
3,890
-
-
4,031
-
-
87,193
3,227
90,420

Key:

ICDP - International Child Development Programme CADO - Consorcio Agro-artesanal Dulce Orgánico GCS - Gloucestershire Counselling Services

SDIA - Susila Dharma International CAP UK - Child Assault Prevention UK

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SUSILA DHARMA BRITAIN

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

4. RESOURCES EXPENDED - OTHER COSTS

4.
RESOURCES EXPENDED - OTHER COSTS
Printing, post and stationery
Advertising and marketing
Meetings, travel and expenses
Administration expenses
IT Software and Consumables
Bank charges
Accountancy
Bookkeeping
Insurance
5.
INVESTMENTS
Market Value at 1 January 2021
Additions
Disposals
Net realised investment gain/(loss)
Market Value at 31 December 2021
Historical cost at 31 December 2021		 Unrestricted
Funds
135
-
424
-
679
190
1,007
-
470
2,905		 Restricted
Funds
-
-
-
-
-
-
-
-
-
-		 Expendable
Endowment
Funds
-
-
-
-
-
-
-
-
-
-
Listed
276,073
-
-
22,681
298,754
171,663		 Total Funds
2021
135
-
424
-
679
190
1,007
-
470
2,905
Unlisted
-
-
-
-
-
-		 Total Funds
2020
-
-
429
83
509
120
906
800
380
3,227
Total
276,073
-
-
22,681
298,754
171,663

Quilter Cheviot Limited manage investments in the City of London Investment Trust fund and Blackrock Fund

Managers Ltd

Charities Aid Foundation manage two charity common investments funds, CAF UK Equity B Inc

and CAF Fixed Interest B Inc

Analysis of investment by type and by Fund:
City of London Investment Trust
BlackRock Fund Managers
Cash balance
CAF UK Equity B Inc
CAF Fixed Interest B Inc
Market Value at 31 December 2021		 Unrestricted
Funds
-
-
-
-
-
-		 Expendable
Endowment
Funds
-
-
-
181,595
55,459
237,054		 Restricted
Funds
24,035
37,498
167
-
-
61,700		 Total
24,035
37,498
167
181,595
55,459
298,754

The Charity’s investment policy is to maximise income, whilst protecting the capital value of any investments.

19

SUSILA DHARMA BRITAIN

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

6.
DEBTORS
Gift Aid
7.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR		 2021
9,184
9,184		 2020
7,388
7,388
Trade creditors
Accruals		 -
2,006
2,006		 845
906
1,751

8. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible assets
Investments
Net current assets		 Unrestricted
funds
-
-
258,610
258,610		 Expendable
Endowment
Funds
-
237,054
-
237,054		 Restricted
funds
-
61,700
72,116
133,816		 Total
funds
-
298,754
330,726
629,480

9. LIMITED BY GUARANTEE

Susila Dharma Britain is a company limited by guarantee and accordingly does not have any share capital.

Every member of the company undertakes to contribute such amount as may be required not exceeding £1, to the

assets of the charitable company in the event of it being would up while he or she is a member, or within one year after he or she ceased to be a member.

20

SUSILA DHARMA BRITAIN

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

10. FUNDS
Unrestricted funds:
General fund
Expendable endowment funds
Restricted funds:
Almoners
Anisha
BCU School Rangan Sari
Disaster Appeals
Enthum Foundation
I Protect Me
SDIA
SDIA Covid
SDIA DRC CLC
SDIA DRC Medical
Yayasan Usaha Mulia
Total funds		 Fund
Balances
b/f
95,652
95,652
218,838		 Incoming
resources
217,956
217,956
-		 Outgoing
resources
-54,998
-54,998
-		 Transfer
between
funds
-
-
-		 Realised &
unrealised
gain
-
18,216		 Fund
Balances
c/f
258,610
258,610
237,054
130,973
50
-
258
-
-
-
-
-
-
275
131,556
446,046		 2,890
-
60
-
457
15,000
135
18,542
236,498		 -20,305
-442
-20,747
-75,745		 -
-
-
-
-
-
-
-
-
-
-
-
-		 4,465
-
-
-
-
-
-
-
-
-
-
4,465
22,681		 118,023
50
60
258
-
-
15
-
15,000
-
410
133,816
629,480

Key:

ICDP - International Child Development Programme SDIA - Susila Dharma International Association DRC - Democratic Republic of Congo

21