The good news is that all has been going well with the Fund in 2014. We have had a good financial year and made many donations for a variety of projects that have helped the children. One of our Trustees now lives in Rangoon and three other Trustees have visited a number of times recently.
Our annual accounts are independently examined by a firm of Chartered Accountants and are then agreed by all the Trustees.
In summary our income in our last Financial Year was £81,901, and we made donations of £71,299. Our administrative expenses were £2,995 - this equates to 4% of our outgoings. We are able to keep our overheads to this remarkably low percentage because none of our Trustees are paid and we have no paid staff, offices et cetera and all our Trustees pay all their own travel expenses when they visit Burma.