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BACKGROUND
HCPPA trust fund was
established in 1997 and
administered by a five-member
Board of Trustees. The trustee
includes the Secretary and
Treasurer of Executive
committee (ex-officio), and
three other independent
members who are appointed
every year at the AGM on the
recommendation of the
Executive Committee. A trust
fund is established to handle
all surplus funds generated by
the association. This fund is
invested in a separate account
and administered by the
Trustees. The trustees
separately manages the
scholarship fund which was
created for the purpose of
awarding scholarship to
students who excel in their
respective fields.
The HCPPA Trust Fund
objectives are:
To provide assistance
to the building and
other projects of the
school.
To award three prizes
each year to the best
performance in Maths
Science, Bioscience
and Arts in Advanced
Level examination.
So far Trust fund has been
used for:
Assistance for land
purchase of £2,000
during 1997/98
Books costing £341
donated to the school
library during
1997/98.
Donation of £650 for
Nada Fund appeal
during 1998/9
Donation of £650 is to be disbursed as follows:
|
ONE OFF PROJECT
|
|---|
|
Set up costs for canteen
|
Rs 25,000
|
|
Food and refreshments for Siramatana work
|
Rs 10,000
|
| |
Rs 35,000
|
|
RECURRING EXPENDITURE
|
|---|
|
Journals and magazines for Library
|
Rs 9,000
|
|
Refreshments for sports
|
Rs 9,000
|
|
Past papers and study materials for students
|
Rs 18,000
|
|
Extra lessons for Advanced and Ordinary level students
|
Rs 25,000
|
| |
Rs 61,000
@ 50% Rs 30,500
| | |
Total Rs 65,500 @ Rs 100/£ approximately £650.
|
|
We have advanced 50% of the recurring expenditure. The balance will be forwarded upon receiving a half-
yearly report in respect of the distributions of the donation, from HCPPA Point Pedro branch.
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FUTURE PROJECTS
| COMPUTERS AND ACCESSORIES FOR HARTLEYCOLLEGE |
|---|
| ITEM |
UNIT-PRICE |
QUANTITY |
TOTAL |
GST-TAX |
TOTAL |
BTT |
FINAL-VALUE |
| Fujitsu Deskpower-5000 |
69,950 |
4 |
279,800 |
34,975 |
314,775 |
3,148 |
317,923 |
| CD-ROM |
4,500 |
4 |
18,000 |
2,250 |
20,250 |
203 |
20,453 |
| SUNPAC 600 UPS |
11,500 |
4 |
46,000 |
5,750 |
51,750 |
518 |
52,268 |
| EPSON LQ300 PRINTER |
14,500 |
1 |
14,500 |
1,813 |
16,313 |
163 |
16,476 |
| COMPUTER-CHAIR |
4,500 |
4 |
18,000 |
2,250 |
20,250 |
203 |
20,453 |
| DISKETTE-BOX |
500 |
1 |
500 |
63 |
563 |
6 |
569 |
| INSTALATION, TRANSPORT, ETC. |
40,000 |
| TOTAL |
Rs 468,142 |
Gestetner Ceylon Limited supplied the above quotation on 13 October 1999. We will
obtain another quotation and remit funds once we have assessed the political situation and
the confirmation of the Computer site.
We have agreed to donate funds for one computer system only and the other three
computer systems are to be donated by three individuals.
CONCLUSION
Our association is working much harder on relationships with the members, who must
become more involved in our activities. The Executive Committee has developed better
communication system but need to go further, and intend to do so with the help of the
younger members who have shown commitment to the association. Now our Alma mater
requires support of all of us and contributions more than ever before. May I appeal for
your continued co-operation towards the development of our association so that we can
achieve a larger trust fund to provide any assistance for our Alma mater that may arise in
the near future.
A N SIVARAJAH
SECRETARY
HCPPA-UK
Courtesy: The hartleyite (November 2000 issue)
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