HR COLLEGE OF COMMERCE AND ECONOMICS

FINANCIAL ACCOUNTING PROJECT

NON-PROFIT ORGANIZATION
Presented by: Name: Yogisha Vinayak Lad Class: FYBAF Roll no: 30

index Sr.no 1 2 3 4 5 6 Topic Introduction to Samatol fondation Programmes Major income and expenses Books of accounts Comments/ suggestions Bibliography Pg no 3 3 5 7 9 10

SAMATOL FOUNDATION
(Reg No. 2528/2006, Public act 31902 Mumbai) SAMATOL FOUNDATION, a social organization registered in 2006, is working for children in difficult situations found on railway platforms, runaway from their homes and addicted to drugs. These are social problem which create an imbalance in the society. SAMATOL is registered under Society Registration Act, 1860 and Trust under the Mumbai Public Trust Act, 1950. Samatol means balance. And Samatol foundation is trying to bring back the balance by helping such children. For the past five years, it has been conducting rehabilitation and Home Orientation programmes for such children. It is helping these children to get back their respect and the rights that they deserve. Samatol focuss on Railway junctions, as railway is the most convenient mode for any run away child to reach to the city of dreams, which they admire. It has been observed that majority of children take the most crucial decision of their life during their early teen age; to select a different way of life which may be far away from the comfort zone of family and friends. A child feels that his dreams and aspiration can't be achieved in the atmosphere where he is at present; hence they choose to run away from home and attempt to create their own path to live their dreams. Introduction of the founder Vijay Jadhaw, the founder of Samatol foundation was 1st working in an NGO which inspired him to establish Samatol. He himself first invested and then the fund, donation gave a helping hand. No individual or institute is bound to fund the foundation for throughout. Hence the founder himself has to keep a continuous networking with these institutions. Samatol accepts funds only from society and not government as the cause it to serve the society. Programmes Children survey Counselling centre Rehabilation and relocation workshop Networking with various NGOs & GOs Social, Educational & Health related programmes. Awareness about childs Rights & Child-friendly society

Field Work at Railway Station : Children, who are found loitering on railway junctions and stations, are closely observed by our volunteers and the network of all the stake owners at the Platform. As per our study we have categorized the children depending on their timeframe that they have spent on the platform, also the Activity in which they are indulged. This categorization helps us to provide a systematic and effective solution to rehabilitate and shape up the life of a child. Home Placement This is a unique activity, where in we send the Child Back to their Families, who had runaway from the home due to some or the other reason. The Home Placement process Involves counseling of the Child once identified, Locating the Family and getting the background, counseling the parent before handing over the child, and follow up with the family at a regular interval. Wherever we find the family condition to be improper for the child development due to financial crunch, with the help of local Voluntary organization, we set up a linkage for further support of the family. Home Placements are done for Children from Three sources Home Placement for New Child Whenever our team identifies a new child at the Platform, we get the legal formalities done and counsel the child to know his family details. Our team then locates the family and counsels them before handing over the child to them, so that the family should accept the child in a proper manner to ensure his bright future. Manaparivartan Shibir De addiction and Home Orientation Camp As the Child is away from home and Exposed to the bitter world, he picks up all the bad habits right from smoking to taking drugs. All these bad elements that have been inculcated in a Childs personality have to be corrected through a proper intervention. Manaparivartan Shibir as the name suggests changes the Individuals mind and personality. A rigorous training in terms of sanskar, value education, ethics and also using correctional therapy to correct the behavior of a child who we found with some psychological problems. Manaparivartan Shibir is usually scheduled for 40-45 Days; where in these runaway children

are provided with all basic facility of Food, clothing, accommodation along with the well designed training programs which are conducted by various experts and professionals. Interaction With Police Officers As per the Government norms every Police Station should have a Designated person on the profile for child office, who especially handles the cases where ever a child in involved. A frequent Interaction with such police officials are organized Zone wise, where in some case studies are shared by samatol and group discussions are conducted. We also arrange for Experts in Child Psychology to guide Police officials on how to handle such child. As Police officials are the vital factors of the society, hence we convince them for a good social mentality to handle street children responsibly. Major expenses Children shelter Conveyance exps. (children placement) When the children are returned back to their homes with the staff. ie to Jharkhand, Kolkata, Hyderabad, Nepal, Rajasthan etc. Camp exps. Major incomes Donations. Funds.

SAMATOL FOUNDATION SCHEDULE A

SR.NO. 1 2 3 4 5 6 7

ESTABLISHMENT EXPENSES BANK CHARGES LEGAL & PROFESSIONAL EXPENSES MEMBERSHIP & SUBSCRIPTION OFFICE EXPENSES PRINTING & STATIONARY TELEPHONE EXPENSES WEBSITE EXPENSES

AMOUNT 89 4000 2500 13651 15765.05 24877 6000 66882.05

SAMATOL FOUNDATION SCHEDULEB SR.NO 1 2 3 4 5 EXPENSES ON OBJECTS CONVEYANCE EXP.(CHILD PLACEMENT) DONATIONS RENT OF THANE PREMISES(FOR PLACEMENT) SALARIES TO RESOURSE PERSONNEL CAMP EXPENSES AMOUNT 76451 15000 25535 263218 180219.15

CHILDREN

Name of public trust: SAMATOL FOUNDATION Registration No. F-31902(Mumbai) INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDING:31ST MARCH 2011
EXPENDITURE To expenditure in respect of properties:Rates, taxes, cesses Insurance Repairs and maintenance Salaries Depreciation Other expenses To establishment expenses SCHEDULE-A To remuneration to trustee To remuneration(in case of a math) to the head of the math, including household expenditure if any To legal expenses To audit expenses To contribution and fees To amount written off: (a) Bad debts (b) loan scholarships (c) irrecoverable rents (d) other items live stok W/off To miscellaneous expenses To depreciation To amounts transferred to Reserve or specific funds To expenditure on object of NIL 1752 NIL NIL NIL By donations in cash or kind By grants By income from other sources (in details as far as possible) 1)advertisements in Suvenir 2)sale of coconuts By transfer from reserve 581057.20 Rs. Rs. INCOME By (accrued) (realized) By interest (accrued) (realized) On securities On loans On bank account With jana kalyan bank Ltd.(savings) 66882.05 By dividend 74000 Rs. Rs.

26000

NIL

NIL

NIL

NIL

By deficit carried over to balance sheet

560423.15 560423.15

the trust SCHEDULE-B To surplus carried over to balance sheet.

TOTAL Rs.

655057.20 TOTAL Rs.

655057.20

BALANCE SHEET AS ON 31ST MARCH 2011

FUNDS & LIABILITIES TRUST FUND OR CORPUS: Balance as per last balance sheet Additions during the year give details OTHER EARMARKED FUNDS: Created under the provisions of the trust deed or scheme or out of te income) Depreciation fund Sinking fund Reserve fund Any other fund LOANS (SECURED OR UN SECURED) LIABILITIES: For provision RENT O/S For expenses For advances For rent and other deposits For sundry credit balances

Rs. 27000 700000

Rs.

720000

PROPERTY & ASSETS Rs. IMMOVABLE PROPERTY:- (AT COST) Balance as per last balance sheet Additions during the year Less: sales during the year Depreciation up to date INVESTMENTS

Rs.

NIL FURNITURE & FIXTURE:Balance as per last balance sheet Additions during the year Less:sales during the year Depreciation upto date 2520 30000 1752 30768

NIL

NIL LOANS (SECURED OR UNSECURED) Loans scholarships Other loans Advances:To trustees To employees To contracters To others: deposit with thane municipalty

NIL 16000

25535

25535

NIL

16000

INCOME & EXPENDITURE A/C. Less: appropriate,if any Add:surplus as per income and expenditure account

0.00

Income outstanding:Rent Interest accrued but not due Other income Cash and bank balance:a) In current account with JANA KALYAN BANK LTD. b) with the trustee(cash) c) with the manager(cash on hand) income & expenditure account balance as per balance sheet. Less: appropriate, if any.. Add : deficit as per inc & exp acc

91253 16259

914 580098

107512

579184

TOTAL Rs.

743000.00 TOTAL Rs.

743000.00

Comments/suggestions:

Samatol foundation maintains an income and expenditure a/c. thus being a nonprofit organization it does not gain profit or incur loss. The donations are fully used to serve the cause of children. Due to no publicity strategy there is no awareness among the people about the npo and its cause. Thus even if the people are in any way ready to help such organizations they do not have any information related to it.

BIBLIOGRAPHY
www.karmayog.com www.samatol.com Office address: ,ahmmad umar building, Dr. Dsilva road, above Darbar Hotel, Dadar(w), Mumbai400028.

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