RECISTERED CHARITY NLIMBER: 800821 REPORT OF THETRLSTEES.AliD L.YAbDITED FI￿A1￿cl.￿L STATE%1 IEliTS FOR THE I'EAR ENDED 31 ￿lARc.H 2022 FOR SRIL4NILAN MEDICAL AN4D DENTAL ASSOCIATION IIS THE UI¥41TED KIP*GDOM SPC Nathans Ch￿tra Certified Accountants 16 St James 5 Road Hampton Hill Greaier I￿nd￿n TW12 IDQ sR[LAliKA￿ ￿lEDIcAL AND DENT AL.ASSOCI.4TION Irn THE UNITED KINGDOM CONTENTS OF THF. FIN.4P4CIAL STATEP*lENTS TrOR THE I'E.4R ENDED 31 MARCH 2022 Pag¢ Report of ihe Tru5t¢es 1102 Indcpermltni ExarniD¢r'5 Rerx)rt Staiemeni of Fina￿¢1#1 Actil'iti Siatement of Financial Posiiion oics io (he financial Statcrn¢nts 6109 SRIL4NIL4li MEDICAL AND DEYT.4L ASSOCIATION IN THE UNITED KII%'GDOM REPORT OFTHE TRUSTEES FOR THE I"E.4R ETr4DED31 M.4RCH 2022 The trusiees present theii repotl iiith the fill￿Li￿ slatemertls of the charity for th¢ Trear ended 31 March 2022. T trust¢¢s haie adopted ihe pmN"ision5 of Arcouniing and Reporting b} Cliariiies.. Siatemeni of Rttommended Praciic¢ applicable to chariii¢s pr¢pariDg their acwunis in accordance ￿'1th Iht Financial Rewning SL8ndard applicable in th¢ UK and Republic of Ireland IFRS 1021 letTectiie l Januarv 20191. OWECTITrES AN'D.4CTIVITIES Objectiies and aims Srilankan Medical and Dental A550Ci&tion in ihc Lniied Kingdom 15 consiiiuied by lrnsi De£d, and its main obje¢tive 15 lo ad￿an¢t and aS>151 under graduate medical and dental education in Srilanka. The policj of Srilankan Medical and Denial Association continues io be to deriwe tts irteome mainl)" from regular donations from indiiiduals and fund raisin4 tvenis and io spend on projeLls in accordance M'ith the Trust's objects. Publie benefit 'Ih¢ truste¢5 of th¢ Charit￿ confiTtn Ihal Ihek have considered ihe Chariii" Commission's general guid8nee on public bentfit and the requirements of s4 of ihe Ch8riiies Act ?0 I l thi% &rL'a. Grgnt nJ4king Grants gre made ai the discretion orth¢ trustee5 and in accordance ￿1th the princip￿ objectives of the chorit).. .4CHIEVEMENT AND PERFORMANCE Charitxble gctivities The iruste£s consider that the performance ot'the charity during rhe ￿'ear ts satisfacior%' considerinE the two 8nnu81 fvnd raising ¢ienls did noi lak¢ place due to coi'id 19 pandemic. The unrestricted donaiions reCei￿ed during¥ the >ear 8mvunted 10 £68,725 12020- £7.2141 and the tru5te¢s are delighted lo r¢p)n ihck ivere able 10 coniribuie £66.63112020- £6.5001 of futtds towards ihe e051 of books for medical librnries in Srilanka. FINANCIAL REIIIEW Reserves polÉcy "I"he res¢r¥'e5 poljcw is to ¢n5UTe that ih¢Te is a sufficient stream of fund io meet ihe ongoing calls made on the Charitv FIITVRE PLANS Thwe w¢ no afftnt plans to change the activitie% QT modu5 op¢randi in ihe foTeseeabl¢ tuture. STRL,CTURE. GOVERNANCE ATr4D MANAGEMI ENT Governillg docurnellt The charirn. is controlled by it5 goi'erning document. a ded of tru￿. and cottsiiiuies an unincorrKFrated eharity. Recruitment and appointmellt of new trystee5 Tru51¢¢5 will #pply suitable Terwitment and tr3iniDg pro¢edures when apwJsnting new TTUStees. Risk mattagtmtnt The trustees are aware of their dutk io ideniifj. and review the risks to hhich ihe charit) is exposed and To ensure appropri21e contro15 tre in place to proi'idc Teasonable &SSUTancc a8ainsi fraud and Lrror. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity Dumbtr 800821 Principal ¥ddre55 13 IA Meliun Road Il'"esi Bridgford Nottingham NG2 6FG PdEe I SRILA.NKATrI MEDIC.4L AND DENTAL ASSOCIATION Iry THE UNITED KtNGDOM REPORT OF THE TRLSTEES FOR THE I'EAR EI%DED31 ￿lARCH 2022 Trustéts fjr M Manohar Dr T Rodrigo Dr R Arnar￿ena Dr L Alivis REFERENCE ATriD ADMINISTR4TI%"E DETAILS llldtpertdtnt examiner V Stli'anaihan F."CC. SPC Nathans Chart¢r¢d Cerrified A¢wuntanis 16 Si James s Road GrLateF London TW12 IDQ Approi'ed by ordeT of the ￿aTd of trustees on l Maj. ?022 and %iEned on its beha]f b￿.. r R Trusie£ Page 2 INDEPEiYDENT EX.4MINER'S REPORT TO THE TRUSTEES OF SRILAIN.KAN NIEDICAL AND DEN.TALASSOCIATIOY IN THE UNITED KINGDOM Independent examiner's report to the trusttt5 of Srilxnkltt Medital And De]Jtal As5fjcialiory in the Lnited Kingdo I report io the charilv irustetS On tnN examination of the accounts of Srila￿kan Medical And Dental Association in the United KiDgdom Ith¢ Trust) for the l'ear ended 31 March 2022. Responsibilitie5 and b95is of report As IhL charii%' Irustees ot ihc "I"rusi l'ou are Te5ponsible for the P￿ParatIon of the xcoun15 in accordance Miih the requireffients of the ChaTilies Act ?01 I I'ihe Ath'l. l Tewn in r¢sF￿r of exatnination of the TTUSI'S acwunls taTried out under S¢¢lion 145 Ol-the Atl atKi in carrying out mv examination I hak¢ follo￿"￿ all applicable Dir¢¢iionsgI￿￿ ih¢ ChaTit! Commisssonunder s￿110￿ 1451511bl ofthc Act. IDdepettdent exsmintr's statement I hakt completed MN, exarninaiion. I confirrn that no mal¢Fial rnatt¢rs have come to mv attention in connection with the examination giking me cause to beliei'e thai in maierial reSP¢Lt'. attouniing records i¥trc noi kept in rcspeci ol"Ihe I"rusl as required b>. 5￿CtIOn 130 of the Aci- or the aecounts do not accord Iiiih thosL' records; or the acLounis do noi l￿mpl} 14 iih Ihe applicable reqiiiremenis LollLernino the lorm and Lonieni olacLounis sei oui in the Charities (Accounis and Rcponsl Rcgulations 2008 oiher than ani. requiremeni ihai Ihe accounts give a true and fair vieM' which is not a tnaiter considered ￿ pan of an independent exarniRaliotL I confirm that there are no other rnatters to which vour aueniion should b¢ dram'n to enable a PTorKr understsmding of the attounis to be reached. V SelwaDathan FCCA SPC Nathans Ch3rter¢d Certified Accountants 16 81 Jarn¢%'5 Road Gr¢aier London TW12 It)0 l May 2022 Page 3 SRIL4NKAN MEDICAL AND DENTAL ASSOCIATIOTr4 IN THE LYI ITED KINGDOM STATEMEYT OF FINAYCIAL ACTII.'ITIES FOR THE I'EAR ENDED 31 ￿[ARCH 2022 3 I.03.?2 31.03.21 Total fund5 Total funds Not¢5 INCOME l)onaiioD5 Mernbership Fund raising ¢i'¢n15 Misttllaneou5 income Bank. int¢r¢si 36.938 4.957 26.737 93 95 2.517 4.697 338 Total 68.820 7.558 ExPE￿D[TuRE ON" Charitable acii>iiies Fund raising tienis cosi Ptslsc OKimeiers Coi'id appeal Books io fvledicql l.ibraTies TTartSWrt charges Bursarv FouDd81ion of Goodness Governante costs W'eb t051S Bank charges (Profitllloss on ¢x¢hange 16,744 4.121 36.391 6.500 288 750 600 174 600 Accountanc!. and indtpertdeni exatnination fee Miscellantous 600 209 Total 70.378 8.810 NET INCOMElIEXPE￿DlTuREl 11,5581 11.252} RECONCILIATION OF FUNDS Ttstal funds brought fon+ard 70,084 71.336 TOTAL FL.YDS CARRIED FORII'ARD 68.526 70,084 The N>tes form part of these financial staiemenis Page 4 SRILANKAP4 MEDICAL AP4D DETrT.41..4SSOCIATION WY THE LIP4"ITED KINGDOM STATE￿lF.￿T OF F1Tr4AYCIAL POSITION AT31 MARCH 2022 31.03.22 31.03.21 Total fvnd5 Total fijtxls Note$ C.LIRRENT ASSETS Cash at bank Debior5- PrepaN'ment5 66.166 4.447 69.806 1.750 70.613 71.556 CURREliT LIABILITIES Creditors Aecruals 1.247 840 240 ?32 2.087 1.472 NET ASSETS 68.5?6 70,084 FL,NDS LTnrestricied funds 68.526 70.084 TOTAL FUNDS 68,)26 770.084 The financial 51at¢menis were ￿PrOved b} th¢ Jloard of Trustees on l Mal" 2022 8nd were signed Dn ils beh￿f b￿.. Dr R Amaraseto TTUSlte The rK>tes for￿ part of these financial statements Page 5 SRILANKAY MEDICALAND DEPITAL ASSOCI.4TION THE LYITED KINGDOM I OTESTO THE FIN'ANCIALSTATEMENTS FOR THE I'EAR ENDED 31 JIARCH 2022 ACCOu￿4T1NG POLICIES Basis of prÉp#ring the finAntiAI statements The financial siaiLmenis of the chari1N. ii"hi¢h 15 a public benefit entit¥. under FRS 102. hake been prepared in accordanc¢ i%"iih the Charities SORP IFRS 1021 '.4cLOUDting Rewriirtg b%. chariti￿.. Siatement or Recommended Praaic¢ applicable tg chariliis preparino their accounts in accordance Iiiih ihe Financial Reporting S12ndard applicable in the UK and Rqiubli¢ of ITeland IFRS 1021 leffeLiii'e l Januari, ?0191'. Financial Reporting Standard 102'The FinanLial Reporting Standard applicable in the UK Republic of Ireldnd, ond the ChariiTr¢s Act 2011. The financial staiemen15 have been prepared under the histOTi¢al ¢ost ¢onvention. Income All iniome is recognised in the Statetnent of Financial Aciiiciliesonce the charirv has entitlemeni io th¢ tiind& st 15 probable that the income will be re¢¢iN¢d and the amount can be rneasurtd reliabl￿. Expenditure Liabililies Fecognistd as expuiditure as 500n as Ih¢r¢ 15 a vr CLTrn51ruLii%e obligation commitiint iht hariti. to that ex￿ndItUre. it is probablethai airansterof ecorK)mic benefit5 Iiill b¢ T¢quired in settlement and the amount of th¢ obligation can be measured rcliabli.. Expenditure is accouni¢d for on an dCLruals b251% dnd has been la5silied under headinEs that aggrcgaie all cosi relaied 10 tli¥ categori. Where costs cannot be dirLCtI}- attributLd to particular hLadings ihev hai.¢ b¢eD allorni¢d lo actilities on a basis consistent I￿lIh Ihe use of resourcek Grants offeT¢d $ubjeci to wnditions which have not been met at the year end dat¢ are noted ￿ a commitment bui not acerued ￿ expenditure. Taxgtion Thc. chariii. is exempi from lax on its chaTitsbl¢ 3diviti¢s. Fund accounting Unrestricted funds Can be used in &ccord8nce with ihe chariiable objeciiTres at The discretion of the trustees. Resiricied funds can Only be usd for particular restTiCted puryoses within ihe objeeis otthe charity. Restrirtion5 atisL when specified bj the donor OT whert fijnds are raised for particular restricted purpos¢s. Fufther explan￿lon of ihe nature and pury￿se of each fi]nd is included in ihe noies 10 the financial siwerncnts. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, retnufteraiion or other bcnefiis tor Ihe year ended 31 March 2022 nor for the vcar eRd 31 March2021. Trusiees. expenses There ii.ere no trustees, expenses paid for Ihe vear ended 31 March 2022 QT foT the vear ended 31 March 2021. Page 6 SRILAP4K4li MEDICAL Afy'D DENT.4L ASSOCI.4TIOTr*' ITr4 THE UNITED KI,NGDOM OTES TO THE FIN4.4NCI.4LSTATEIIENTS-COi%TINbED FOR THE I'E.4R ENDED 31 NI_4RCH 2022 CO￿1pARATIN.Es FOR THE STATEIIEf4T OF FI.Y.4f*CIAL AcfiviTIL8 To41 Thj fund INCOME Donaiions MLrnk'rship Fund rai%ing events Bank inicr¢si -Mi5cellancous incomc 2.517 4.697 2.517 4.697 338 338 Total 7.558 7.558 EXPENDITL.RE OP* ChArSt*bk aetiwities General 1.360 7.250 1.560 7.250 Tot*1 8.810 8.810 NET INCOMEIIEXPENDITLIREI 11.252) 11.2521 RECONCILIATION OF FUWDS Total funds broll8ht forward 71.336 71,336 TOTAL FUNDS CARRIED FORII'.4RD Pagc 7 ## **SRILANKAN MEDICAL AND DENTAL ASSOCIATION IN THE UNITED KINGDOM** ## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2022** ## **4. MOVEMENT IN FUNDS** |**MOVEMENT IN FUNDS**|||| |---|---|---|---| |||Net movement|| ||At 1.4.21|in funds|At 31.03.22| ||£|£|£| |**Unrestricted funds**|||| |General fnd
**Restricted fnds**|70,084|(1,558)|68,526| |**TOTAL FUNDS**|70,084||| |Net movement in fnds, included in the above are as follows:|||| ||Incoming|Resources|Movement in| ||resources|expended|funds| ||£|£|£| |**Unrestricted fnds**
General fnd|68,820|(70,378)|(1,558)| |**Restricted funds**|||| |**TOTAL FUNDS**|68,820|(70,378)|(1,558)| |**Comparatives fr movement in funds**|||| |||Net movement|| ||At 1.4.20|in funds|At 31.03.21| ||£|£|£| |**Unrestricted Funds**|||| |General fnd
**Restricted fnds**|71,336|(1,252)|70,084| |**TOTAL FUNDS**|71,336||| |Comparative net movement in fnds, included in the above are as follows:|||| ||Incoming
resources|Resources
expended|Movement in
fnds| ||£|£|£| |**Unrestricted fnds**
General fnd|7,558|(8,810)|(I ,252)| |**Restricted fund**|||| |**TOTAL FUNDS**|7,558|
(8,810)|(1,252)| Page 8 SRIL.4liKAN ￿[EDIcAL ATriD DENTALASSOCIATION li% TTrIE uf*ITED KINGDO OTES TO THE FIN.4NC.IAL STATEMENTS-COYTIliUED FOR THE YEAR ENDED 31 MARCH 2022 MOVEMEIST IN FUTriDS- ¢oniallutd A ¢urrent}"¢ar 12 mortihs and prior star 12 months combined movemcrn in fiJtKIs. included in thc above are as follo￿￿.. Incoming resources ResourLes NIov¢TDent in expended runds L.nrestritted funds General fund Re5trirled funds 76,378 179.1881 12,8101 TOTAL FUNDS 76.378 179.1881 12.8101 RELATED PARTY DISCLOSURES There were Th) T¢lated partv transactions for the Jear ended 31 March 2022. Page 9