Annual Report 2019-20

26 Annual Report 2019-20 I Atul Foundation

Auditor’s Report

Under Sub-section (2) of Section 33 and 34, and Rule 19 of the Gujarat Public Trusts Act,

1950 (Gujarat Rules)

Registration number: E | 2571 | Valsad district

Name of the public trust: Atul Foundation Trust

For the year ending: March 31, 2020

We have examined the Financial Statements of Atul Foundation Trust for the year ended March

31, 2020 and to the best of our knowledge and belief and according to the information and

explanations provided to us, we report as under:

a) Whether accounts are maintained regularly and in accordance with the

provisions of the Act and the Rules?

Yes

b) Whether receipts and disbursements are properly and correctly shown in the

accounts?

Yes

c) Whether the cash balance and vouchers in the custody of the Manager or a

Trustee on the date of audit were in agreement with the accounts?

Yes

d) Whether all books, deeds, accounts, vouchers, other documents or records

required by the Auditor were produced before him?

Yes

e) Whether a register of movable and immovable properties is properly maintained,

the changes therein are communicated from time to time to the regional office

and the defects and inaccuracies mentioned in the previous Audit Reports have

been duly complied with?

Yes

f) Whether the Manager or a Trustee or any other person required by the Audit to

appear before him did so and furnished the necessary information required by

him?

Yes

g) Whether any property or funds of the Trust were applied for any object or

purpose other than the object or purpose of the Trust?

h) Amount outstanding for more than one year and the amount written off, if any Nil

i) Whether tenders were invited for repairs or construction involving expenditure

exceeding

5,000?

j) Whether any money of the Trust has been invested contrary to the provisions of

Section 35?

k) Whether alienations, if any, of the immovable property contrary to the provisions

of Section 36 have come to the notice of the Auditor?

l) Whether there is any special matter which the Auditor may think fit or necessary

to bring to the notice of the Deputy or Assistant Charity Commissioner?

For B R Shah & Associates

Chartered Accountants

Firm registration number: 129053W

Deval Desai

Ahmedabad

Partner

July 1, 2020

Membership number: 132426