**REGISTERED CHARITY NUMBER: 800821** 

**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR SRILANKAN MEDICAL AND DENTAL ASSOCIATION IN THE UNITED KINGDOM** 

SPC Nathans Chartered Certified Accountants Suite 201, AIRIVO 69-75 Boston Manor Road Brentford TW8 9JJ 



**SRILANKAN MEDICAL AND DENTAL ASSOCIATION IN THE UNITED KINGDOM** 

**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** 

||Page|
|---|---|
|Report of the Trustees|1 to 2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Statement of Financial Position|5|
|Notes to the Financial Statements|6 to 9|





## **SRILANKAN MEDICAL AND DENTAL ASSOCIATION IN THE UNITED KINGDOM** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** 

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Ireland (FRS 102) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims.** 

Sri Lankan Medical and Dental Association in the United Kingdom is constituted by Trust Deed, and its main objective is to advance and assist undergraduate medical and dental education in Sri Lanka. 

The policy of Sri Lankan Medical and Dental Association continues to be to derive its income from regular donations from individuals and fund-raising events and to spend on projects in accordance with the Trust's objects. 

## **Public benefit** 

The trustees of the charity confirm that they have considered the Charity Commission's general guidance on public benefit and the requirements of s4 of the Charities Act 2011 in this area. 

## **Grant making** 

Grants are made at the discretion of the trustees and in accordance with the principal objectives of the charity. 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Charitable activities** 

The unrestricted donations received during the year amounted to £68,226 (2024 - £76,032). The trustees are delighted to report they were able to continue their contribution at £2,000 to Sri Lankan Universities in respect of Humanitarian awards during the year. In addition, a contribution of £1,250 was made to Research Grants during the year. 

## **FINANCIAL REVIEW** 

## **Reserves policy** 

The reserves policy is to ensure that there is a sufficient stream of fund to meet the ongoing calls made on the charity. 

## **FUTURE PLANS** 

There are no current plans to change the activities or modus operandi in the near future. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** 

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. 

## **Recruitment and appointment of new trustees** 

Trustees will apply suitable recruitment and training procedures when appointing new Trustees. 

## **Risk management** 

The trustees are aware of their duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 

800821 

## **Principal address** 

131A Melton Road West Bridgford Nottingham NG2 6FG 

Page 1 



## **SRILANKAN MEDICAL AND DENTAL ASSOCIATION IN THE UNITED KINGDOM REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** 

## **Trustees** 

Dr. M Manohar Dr. T Rodrigo Dr. R Amarasena Dr L Alwis (Resigned 2 May 2024) 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Independent examiner** 

V Selvanathan FCCA,CGMA SPC Nathans Chartered Certified Accountants Suite 201, AIRIVO 69-75 Boston Manor Road Brentford TW8 9JJ 

Approved by order of the board of trustees on 16 May 2025 and signed on its behalf by: 

| Dr R Amarasena Trustee 

Page 2 



## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SRILANKAN MEDICAL AND DENTAL ASSOCIATION IN THE UNITED KINGDOM** 

## **Independent examiner's report to the trustees of Sri Lankan Medical and Dental Association in the United Kingdom** 

I report to the charity trustees on my examination of the accounts of Sri Lankan Medical and Dental Association in the United Kingdom (the Trust) for the year ended 31 March 2025. 

## **Responsibilities and basis of report** 

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). 

I report in respect of my examination of the Trust's accounts conducted under section 145 of the Act and in conducting my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. 

V Selvanathan FCCA, CGMA SPC Nathans Chartered Certified Accountants Suite 201, AIRIVO 69-75 Boston Manor Road Brentford TW8 9JJ 

16 May 2025 

Page 3 



## **SRILANKAN MEDICAL AND DENTAL ASSOCIATION IN THE UNITED KINGDOM** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025** 

|||31.03.25||31.03.24|
|---|---|---|---|---|
|||Total fund|s|Total funds|
||Notes|£||£|
|**INCOME**|||||
|Donations||2,250||-|
|Membership||6,010||5,081|
|Fund raising events||59,961||70,697|
|Miscellaneous income|||-|146|
|Bank interest|||5|108|
|Health Aid Appeal receipts|||-|4,216|
|**Total**||68,226||80,248|
|**EXPENDITURE ON**|||||
|**Charitable activities**|||||
|Fund raising events cost||48,361||51,289|
|Medical Supplies||-||7,545|
|Books to Medical Libraries||17,265||15,874|
|Humanitarian Awards – SL Universities||2,000||4,500|
|Research Grants||1,250||-|
|Donations not recoverable||1,650||-|
|Health Aid Payments||-||1,200|
|**Governance costs**|||||
|Web costs||450||600|
|Bank charges||167||210|
|Accountancy and independent examination fee||1,500||1,200|
|Miscellaneous||12||257|
|**Total**||72,655||82,675|
|**NET INCOME/(EXPENDITURE)**||(4,429)||(2,427)|
|**RECONCILIATION OF FUNDS**|||||
|**Total funds brought forward**||76,064||78,491|
|**TOTAL FUNDS CARRIED FORWARD**||71,635||76,064|



The notes form part of these financial statements 

Page 4 



## **SRILANKAN MEDICAL AND DENTAL ASSOCIATION IN THE UNITED KINGDOM** 

## **STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025** 

|||31.03.25|31.03.24|
|---|---|---|---|
|||Total funds|Total funds|
||Notes|£|£|
|**CURRENT ASSETS**||||
|Cash at bank||72,722|74,711|
|Debtors – Prepayments||1,045|4,150|
|||_______|______|
|||73,767|78,861|
|||=======|======|
|**CURRENT LIABILITIES**||||
|Creditors||632|1,597|
|Accruals||1,500|1,200|
|||_______|_______|
|||2,132|2,797|
|||=======|=======|
|**NET ASSETS**||71,635|76,064|
|**FUNDS**|4|||
|Unrestricted funds||71,635|76,064|
|||||
|**TOTAL FUNDS**||71,635|76,064|



The financial statements were approved by the Board of Trustees on 16 May 2025 and were signed on its behalf by: 

Dr R Amarasena Trustee 

The notes form part of these financial statements 

Page 5 



## **SRILANKAN MEDICAL AND DENTAL ASSOCIATION IN THE UNITED KINGDOM** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. 

Grants offered subject to conditions which have not been met at the year-end date are noted as a commitment but not accrued as expenditure. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **2. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 31 March 2025 or for the year ended 31 March 2024. 

Page 6 



## **SRILANKAN MEDICAL AND DENTAL ASSOCIATION IN THE UNITED KINGDOM** 

## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2025** 

## **3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR 2024** 

|Restricted<br>fund<br>Unrestricted<br>fund<br>£<br>£<br>**INCOME**<br>Donations<br>-<br>-<br>Membership<br>-<br>5,081<br>Fund raising events<br>-<br>70,697<br>Bank interest<br>-<br>108<br>Miscellaneous income<br>Health Aid Appeal Receipts<br>146<br>4,216<br>**Total**<br>-<br>80,248<br>**EXPENDITURE ON**<br>**Charitable activities**<br>General<br>Health Aid Payments<br>Humanitarian Awards – SL Universities<br>-<br>74,708<br>1,200<br>4,500<br>Governance costs<br>-<br>2,267<br>**Total**<br>-<br> 82,675<br>**NET INCOME/(EXPENDITURE)**<br>-<br>(2,427)<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>-<br>78,491<br>**TOTAL FUNDS CARRIED FORWARD**<br>-<br>76,064||Total<br>£<br>-<br>5,081<br>70,697<br>108<br>146<br>4,216<br>80,248<br>74,708<br>1,200<br>4,500<br>2,267<br>82,675<br>(2,427)<br>78,491<br>76,064|
|---|---|---|
||||
||||



Page 7 



## **SRILANKAN MEDICAL AND DENTAL ASSOCIATION IN THE UNITED KINGDOM** 

## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2025** 

## **4. MOVEMENT IN FUNDS** 

|||Net movement||
|---|---|---|---|
||At 1.4.24|in funds|At 31.03.25|
||£|£|£|
|**Unrestricted funds**||||
|General fund|76,064|(4,429)|71,635|
|**Restricted funds**|-|-|-|
|**TOTAL FUNDS**|76,064|(4,429)|71,635|
|Net movement in funds, included in the above are as follows:||||
|Incoming||Resources|Movement in|
|resources||expended|funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|68,226|(72,655)|(4,429)|
|**Restricted funds**|-|-|-|
|**TOTAL FUNDS**|68,226|(72,655)|(4,429)|
|**Comparatives for movement in funds**||||
|||Net movement||
||At 1.4.23|in funds|At 31.03.24|
||£|£|£|
|**Unrestricted Funds**||||
|General fund|78,491|(2,427)|76,064|
|**Restricted funds**|-|-|-|
|**TOTAL FUNDS**|78,491|(2,427)|76,064|
|Comparative net movement in funds, included in the above are as follows:||||
|Incoming||Resources|Movement in|
|resources||expended|funds|
||£|£|**£**|
|**Unrestricted funds**||||
|General fund|80,248|(82,675)|(2,427)|
|**Restricted fund**|-|-|-|
|||||
|**TOTAL FUNDS**|80,248|(82,675)|(2,427)|



Page 8 



## **SRILANKAN MEDICAL AND DENTAL ASSOCIATION IN THE UNITED KINGDOM** 

## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2025** 

## **5. MOVEMENT IN FUNDS – continued** 

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement in|
|---|---|---|---|
||resources|expended|funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|148,474|(155,330)|(6,856)|
|**Restricted funds**|-|-|-|
|**TOTAL FUNDS**|148,474|(155,330)|(6,856)|



## **6. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 31 March 2025. 

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