The company made an adjusted tax profit of Rs 2,876,849 for the year ending 31 March 2012. Adjusted Turnover was Rs 8,377,362. The amount due to be spent on Reality Gives activities for the year was Rs 2,301,479 (27.5% of turnover) and we spent Rs 2,392,495. The rolled over overspend on Reality Gives activities at the end of the year was Rs 799,551.
Rs 410,810 of the total turnover related to sales of merchandise
Rs 746,744 was spent on the Community Centre.
The company also spent Rs 871,141 on the new kindergarten. This figure was capitalized on the Balance Sheet. Depreciation of Rs 260,909 relating to this was debited as an expense on the profit and loss account.
Krishna Pujari received a salary of Rs 367,205 and Chris Way received a salary of Rs 1,202,650 for the year. The reason why Chris Way’s salary was so high was to comply with visa regulations. Assuming a salary of Rs 30,000 each per month, the excess salary paid was Rs 830,655.
Total apportioned salaries to Reality Gives was Rs 375,115 (Chris Way and Krishna Pujari Rs 110,880 each. Evelyn D’Souza- Secretary Rs 37,080. Asim Shaikh- Community Centre Manager Rs 116,275)
Total salaries related to Reality Tours and Travel but paid by Reality Gives UK was Rs 157,500 for Adina Goerke (Fundraising and Marketing Director for Reality Gives and Marketing Director for Reality Tours and Travel)
Rs 378,000 was transferred to Reality Gives as a donation and Rs 178,995 of other Reality Gives’ expenses was paid by Reality Tours.