Charity Number: 1064988
SIIRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUNDATION
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 ￿ARCH 2024

SHRIMATI PUSHPA WATI LOOLWIBA MEMO]UAL FOUl￿ATIoN
CONfENTS
Page
Trustees, report
Independent auditor's rq)ort
Statement of Financial Activities
10
Balanct Sheet
11
Notes to the fin￿l¢la1 statements
12-17

SHRIMATI PUSHPA WATI LOOMBA IVIEMORIAL FOUNDATIOIY
LEGAL AND ADMINISTIIATtVE INFORMATION
Presidellt
Lady Cherie Blair CBE KC
Patron-iTh-rhief
Sir Richard Branson
Founder and Chairman Trustee
Lord Loomba CBE
Honourees
Laura Bush
H E Paul Kagame, President of Rwanda
Lady Cherie Blair CBE KC
Yoko Ono
Craig Barrett
Rachel Mayanja
Raj Nooyi
Patrons
Lord Icaran Bilimoria CBE DL
Dame Joanna Ltllnley OBE
Baroness Helena Kennedy of the Shaws KC
Baroness Jay of Paddington
Rt Hon Sir Tony Baldry
Graham Tobbell
Susall Tobbell
Lord Rana MBE JP
Rt Hon Patricia Hewitt
Shamin Lalji (Patron from 23.2.2023)
Lord Jeffery Archer (Patroll from 20.8.24)
Trnstees
Lord Loomba CBE (Chair)
Lady Veena Loomba
Reeta Sarkar
Roma Loomba
Rin1￿ Loomba
Shamin Lalji (Tetired 21.2,2023)
Friends of the Loomba
Foundation
Mike Tobin OBE (Chair)
Advisory Council (UK)
Alpesh Patel OBE (Cknir)
Sheetal Kapoor
Ricky Kapoor
John Athwal OBE
Vijay Goel
Champion of the LL)omba
Foundation
Chris Parsons

SHRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Governing Document and
Constitution
association
Foundation Deed dated 26 June 1997 as an unincorporated
Charity Number
1064988
Charity Otyice
Loomba House
622 Western Avenu¢
London W3 OTF
Solicitors
Bates, Wells
10 Queen Street Place
London
EC4R IBE
Auditors
Goldwins
CILartexed Accountants
75 Maygrove Road
London NW6 2EG
Bankers
HSBC Bank plc
60 Queen Victoria Street
London EC4N 4T

SHRIMATI PUSHPA WATI LOOMBA IVJEMORIAL FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
The Loomba Foundation has a sister Charity registered in India.
India
Patrons
Sir Mark Tully OBE
Dr Aruna Abhey Oswal
Padma Shri Vikramjit Singh Sahni
Dr Rajinder Singh Chadba
Balbir Singh Kakar
AshislL Chauhan
Trustees
Lord Loomba CBE (Chair)
Lady Veena Loomba
Harjiv Singh
Amit Chaudhry

SHRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUNDATION
TRUSTEES, REPORT
FOR THE ENDED 31 MARCH 2024
Tlie Trustees present diekr Report and the fmancial statements for the year ended 31 March 2024.
Foundalloll PrOr￿e
26 June 1997: The Foundation was establi8h&l in the UK by Raj and V¢ena IA)omba by a charitable Trust De¢d
on 26 June 1997 and has sister charities registered in India and the USA, The inspiration came from Raj's late
mothcr, Shn'mati l)ushpa Wati Loomba, who became a widow at the early age of 37 and succeeded in educating
her seven children single-handed.
The Foundation was officially launched in LA)ndon on 25 March 1998, ill the presence of the Prime Minister, The
Rt. Hon. Tony Blair MP, and his wife Cherie Blair. The Foundation also received the support of the Honourable
Prime Minister of Jndia, Sl]ri Atal Behari Vajpayee, who inaugurated the Foundation in New Dell]i on 31 March
1999, by lighting a cercmonial lamp at his residence. The cerejnony was attended by Sir Rob Young GCMC,
British High Commissioner.
Th¢ Loomba Foundation was also officially launched in Scotland in 2003, in the USA in 2005, in South Africa in
2006, in Kenya and Rwanda in 2008 and in Canada in 2009.
Ob'ectives and Actlvlties: The Foundation is constituted by Tru8t Deed and its objeots and aims are to promote
the welfare and cducation of the children of poor widows, orphaned children and children who have lost their
others as a result of natural disaster and for other auxiliary purpoges as the Trustees may detennine. In
accordancc with its grant-rnalcing policy, the Foundation currently makes grants to its S18ter cknrity in India, the
Shrimati Pusbpa Wati IA)omba Foundation, to fi￿fIll its aforesaid aim8. This sister cbarity distributes funds to
support children in India. The Board of TNstees has decided to include empowerment of impoverished widows in
IndAa and around the world.
Cherie Blair CBE QC, wife of the formerBriti8h Prime MinRsttt, who b¢came the ftrst Patron of the Foundation
in 1998, agrecd to become the Prcsident and officially inaugurated Loomba House in London on 8 September
2004. Over the years, Mrs Blair has continued to travel to various countries to attend the Foundation's events in
order to raise awareness of tlic plight of widows and their children around the world.
Sir Richard Bran50n agreed to become Patron-in-chief fill 2004. He has attended the Foundation's ftmthising
events ill India and South Africa. He bas also supported tbe Foundation by making an appeal on BBC Radio 4 in
2004, and he raised over £500,000 through threc 'Changc for Children, appeals on Virgin Atlantic flights
worldwide.
Internation&1 Widows Day- Flagship.. The Loomba Foundation launched International Widows Day, which
takes place each year on 23 June, to highlight the plight of widows and their children all over the world and to
provide a focus for effective action. The date of 23 June was cbosen b¢cause it was on this day that Lord
Loomba's mother, Shrimati Pushpa Wati Loomba, the inspiration for the Foundation, becamc a widow in 1954,
This flagship of the Foundation was amiounced at the Trlouse of Lords in the UK on 26 May 2005, which was
followed by launches in India on 7 September 2005 and the USA on 21 October 2005, respectively. The US
laullch was attended by His Excellency Kofi Annan, Secretary General of the United Nations.

SHRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Loomba Foundation is proud that through its tireless campaign over five years, the Unlted Natlons declared
23, June as UN International Wldows Day at Its 65th General Assembly kn 2010. The first UN recognised
International Widows day was marlced on 23rd Julle 2011, at the United Nations, Headquarters in New York hnd
chaired by Madame Ban Soon, wife of the UN General Secretary, His Excellency Ban Ki Moon. The second UN
recognised International Widows Day was marked on 23 June 2012, atNo l O Downing Street in London by the
Deputy Prime Minister, Rt, Hon, Nick Cl¢gg MP, and his wife, Ms Miriam Durantez Gonzalez,
30 June 2008: The Loomba Foundation became An Associate of the Dep&rtment of Pub]ie Informatlon
(DPI) of the United Nations. Through the United Nations accreditation, th¢ Loomba Foundation is cominittedto
raising public awareness about thepurpose and actLVities of the United Nations and issues of globaL concerns, gnd
especially about the plight of widows and their children who are suffeiing through poverty, illiteracy, diseases
such as HIVIAIDS and Malaria, conflict and violence and social iiijustice.
2012: The Economlc and Soclfdl Council of the United Nations recommended the Loomba Foundation for
Special Consultative Status in 201 l and ￿anted it in 2012. "Special Consultative Status" is conferred upon those
non-governmental organizations that demonstrate a special competence in a select￿ field of concern. This
desI￿atIon allows the Foundation to send otyicial representatives to participate in events and conferences at the
United Nations.
Research and Publications
INVISIBLE, FoRGo￿￿N SUFFERERS - PLIGHT OF WIDOWS AROUND THE WORLD:
In 2010, the IA)omba Fourtdation publisbed a Cc>mprehensive Research Study Book - 'Invisible, Forgotten
Sufferers.. The Plight of Widows Around the World,. The first edition was presenÉed to theUN Secretary General,
H.E. Ban Ki Moon, by tb¢ Presidcnt of the Foundation, Cherie Blair, and Founder and Chairman Trustee, Lord
IA)omba CBE. The book was subsequently presented to the Hon'ble President of India and the US S¢cretary of
State, Hilary Clinton.
A IZIDDEN CALAMrfY- THE PLIGHT OF WIDOWS:
The LA)omba Foundation has also published a book of oil and acrylic paintings highlighting the plight widows
around the world by London-based artist Reeta Sarkar. Entitled 'A Hidden Calamity: The Plight of Widows,, the
book illcludes 17 of Reeta's Okls and acrylics paintings based on three key themes - South Asia, Africa and
Confiict. Thes¢ paintings wcre exhibited at the UN Headquarters from 23rd June to 15th July 2011 to celebrate
International Widows Day. The exhibition was Énaugurated by Yoko Ono, widow of Beatle Jolm Lennon and a
supporter of the Loomba Foundation. These paintitigs were exhibited at 10 Downing Stre¢t in London to
cojnmemorate Inteniational Widows Day in 2012.
ONE MAN WALKtNG- A WALK FOR WMOWS:
li
This book is Chris Parsons's inspiring story captured in a blog he dictated every evening of his walk and
accompanied by comments from all over the world and some an￿ZIng pictures- depicting his 30 x 30 Marathon
Walk from Mumbai to Bangalore to raise money for the Loomba FoundatLOn.

SHRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUI¥DATION
TRUSTEES, REPORT
FOR I'IIE YEAR ENDED 31 MARCH 2024
li
WORLD MIIDOWS REPORT:
Durillg 2015, the Loomba Foundation commissioned Mr. Harnia Risto to update the iesearcli study wliich was
published in 2010. Tlie Loomba Foundation's World Widows Report is the only authoritative comprehensive
data source about the discrimination and injustic¢ fared by widows and their dependents country by country and
worldwide, informing policy formulatioll by the United Nations and national governments. It was published on16l
Fcbruary, 2016.
The World Widows Report is publishedto coincide with th¢ UN'S adoption of the Sustainabl¢ Development Goals
and provides a basis for researchers, aid agencies, governmellts alld others to develop evidence-basedpolicy for a
better World,
Key findings include:
The affected population is 259m widows with 584m children worldwide.
3 8m widows live in extreme poverty,
Since 201 O there has been a significant exacerbation in confjict areas in th¢Middle East and North Africa,
rtotably the Syrian civil war.
Wor8t affected by conflict and insurgency are widows in Afghanistan, Iraq, South Sudan, Central Afrioan
Republic, Syria, nortlleast Nigeria, southeast Niger, west Chad and north Catlleroon.
In Sub-saharan Africa the worst coiiditions are facedby evicted and abandolledwidows with deNdents
and by those caught up in Ebola areas, exacerbated by traditional 'cleansing' rituals.
Widows with only female children and child widowsaged between IQ and 17 face severe
discrimination in many developing countries.
Social nonns around sexual behaviour remain counterproductive with extreme poverty as a driver of
'exchange sex, and '8urvival sex, relationships and poor quality healthcare,
Widows in developed countries are also affected by welfare cuts and increased insecurity.
Customary 'clean8ing' rituals, where widows arerequired to drink the water with which their
dead husband's body kns becn washed and to have Sex with a relative, sprcad disease and violate
the dignity of widows in many Sub-saharan countrics.
Widows are r¢gularly accused of killillg their husbands either delibcTately or through neglect- including
by transmitting HIVIAIDS - in Indi4 Nepal, Papua New Guinea and Sub-Sahar&n Africa.
Systematic Seizure of propety and evictions by the late husband's family remains widespread in Angola,
••
Bangladesh, Botswana, Republic of Congo, DR Congo, India, Ivory Coas( Ghana, I<ellya, Lesotho,
Malawi, Namibil Nigeria, Rwanda, S¢n¢gal, Swaziland, Tanzania, Uganda, Zambia and Zimbabwe.
20th Anniversary Book
Loomba Foundation published book to celebrate its 20tb anniversary, detailing twenty successftll years flghting
injustice against widows, on the occasion of our Annual Gala Ball, which was held at the Dorchester Hotel in
London on 23rd June, 2017.
25 Anniversary Book
2022 has been a momentous year for the Loomba Foundation, as we completed 25 successAI years since the
Foundation was established in 1997. During these years, tlie Loomba Foundation focused on uplitbng the status
and welfare of widows around the world through educatio￿ empowerment and advocacy.
The Loomba Foundation published a book to celebrate its 25th anniversary on International Widows Day, 23rd
June, which took place at the Banqueting House, London.

SHRIMATI PUSHPA WATI LOO1v￿￿A I￿EMO1uAL FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 TrLdRCH 2024
Activity Report 2023-24
The Loomba Foundation has contiiiued its Ini58ion of education, empowerment, and advocacy for widows, their
youths, and singl¢ moth¢rs. A key highlight of the year was our observance of UN Int¢niational Widows Day on
23rd June, both in the UK and acTOSS several cities in India.
UN Inl'ernational Widoivs DYdy- 23rd June
Tlie Loomba FoLmdation marked this importallt day with a flagshAP event at the House of Lords in London. The
tlieme for 2023 was "Prosperity and Dignity.for Ifidows in Riiral Indio, ' Attendees included the High
Coinmissioner for India, His ExcellerLCy Shri Vit(rain Doraiswami,. UIC'S fonner First Lady, Lady Cheiie Blair,
CBE, KC, Presidcnt of thc Loomba Foundation. and a host of dignitaries alld biisiness leaders.
A special address was delivered via live video link by Mr. Mehta, the Law Minister of India. Lord Raj Loomba,
CBE, Founder alld Chairman Trnstee of the Foundation, delivered the vote of thank8.
Simultaneously, we organized events Èn I I cities across India-varanasi, Lucknow, Muinbai, Thane, Jaipur,
Udaipur, Ludhialla, Dhilwan (Punjab), Jammu, Bengaluru, and Ahmedabad-to rai8e awareness about the plight
of widows alld their families.
Debate at the House of Lords
On 6th July 2023, Lord LoottLba initiated a debate ill the House of Lords, questioning His Majesty's Gov¢rnment
li
on the steps being taken in response to UN International Widows Day. He emphasized the need to empower
widow8 economically, addressing the discriinination and prejudice that adversely llnpact their opportunities and
tliose of dieir dependents.
The Rt. Hon. I￿rd Mott, Minister, responded: "In many countries, womell &re disadvalltag￿ by laws and custoills
that restrict tlieiI riglits to inlieritallce, land ownersliip, employment, and access to Credit. This inequality lias a
partiCLLlarly bruising impact on widows and dieir cliildren, perpeluating intergeneratioiial poverty."
Tlie debate rec¢ived contributions from several peers, including Lord Collins ot"Highbury, now Depiity Leader of
the Housc of Lords.
Empowerment Projects:
The Loomba Foundation implemented several initiatives to empow¢r widows and tlieir depend¢nts in Uttar
Pradesh, Haryalla, and Punjab,
. Uttar Pradesh:
In partnership witli the US India Strategic Partnership Forum, llie Foundation laiinclied a project to empower
5,000 widows and their youths in Varanasi, Gorakhpur, Amethi, Lucknow, and Cbandauli. Skill training was
provided in areas such as hospitality, tourisin, tailoring, beaiity and Iiealthcare, and food processing.
By December 2023, tlie fllst phase of the project was completed, t'raining 2,500 beneficiaries and seciuing job
placements forl ,934 of them, The second phase, ain]ing to einpower the remaining 2,500 bcneficiaries, is on track
for completion by the end of 2024.
. Haryanvd
A project to empower 100 widow8 in rural areas of Rohtak District coininenced in late 2023. Following an Mou
signed with the LL)k Bharti Education Society oll 15th December 2023, skill training in Iiospitality and IT-ITES
was condiicted itk FebrLWy and March 2024,

SHRIIIIATI PUSHPA WATI LOOMBA IVIEMORIAL FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR EIYDLD 31 MARCH 2024
Punjab:
A similar project for 50 widows and their cliildren in Ludhiana District began in late 2023. ALI Mou witli Lok
Bliarti Education Society wa8 signed on 15tli December 2023, and training ill hospitality and IT-ITES ran from
February to March 2024.
Educatlon Programme:
The Loolliba Foundation distributed scbolarsliips worth <159,800 (approxiiiiately £1,600) to 68 students at Sbri
Jagiri Lal Loomba Memorial Government Senior Secondary School and Government Gllls Smart High School in
Dhilwan.
Bharat Widows Empowerment Fund:
On 21 st October 2023, tbe Loojnba Foundation launched the Bharat WidowsEmpowermentFund atthe residence
of the British High Commissioner in New De]hi. The event was liosted by His Excellency Alex Ellis, British Higli
Con]missioner to tndia, and attellded by over 250 distinguished guests. Notable attendees included Lady Cheric
Blakr, CBE, KC,. Lord Raj Loomba, CBE. Lady Veena Loojnba; Mr, ￿llitabh Kant, G20 Sherpa. and Dr. D.
Mulay, Meinber of tlie NHRC. This ambitious initiative aims to cmpower 100,000.
Future Plans 2024-25
We are plaDJLing to commemorate two significant milestones.. the 15th anniversary ofthe United Nations, adoption
of International Widows Day and the 20th anniversary of its launch by the Loomba Foulldation in 2005.
Additionally, we will participate in the 69th session of the Commission on the Status of Women (CSW69) at the
United Nation8 in New York in March 2025. During this event, we will launch the International Widows Day
PrO￿eSS and Impact Studyg titled "LKaving No Widows Behind,, conductcd by researchers at Cambridge
University.
FinanclAI Revlew
During the year the charity achieved an unr¢stricted surplus of £20,226 (2U23: deficit £23,772). The total funds
carried forward were £362,071 (2023: £341,845) all of which was unrestricted funds.
Reserves
The Cll￿ent reserves policy is to build up and maintain free reserves of at least 3 months average expenditure,
This is to provide a fund for future charitable activities. FTee reserves are defmed as that part of the charity's
unrestricted funds tliat 18 freely available to spend on any of the clwity, s pwposes,
Risk Management
The Board of Trustees recognise that the charity is subject to operational and financial risks and these are
monitored regularly. The charity makntains a fornial risk-management process in accordance witb guidance from
the Charity Commission,
Publlc benetit
runlling the charity, the Trnstees have complied with their duty under Section 17 Chariti¢s Act 2011 to have
regard to the public benefit guidance publislicd by the CILarity Commission. By empowering widows and
educating their children, the charity perfornis an enonnous public benefit. The activities that the charity has
carried out to achieve this have b¢cn covered in dctail earlier in tlii8 report.

SHRIMATI PUSHPA WATI LOOMBA MEI MORIAL FOUNDATIOIY
TRUSTEES? REPORT
riOR THE YEAR ENDED 31 MARCH 2024
Statement of Trustees responsibilities
The trustees are respottsible for preparing the Trustees, Report and the fmancial statements in accordance with
applicable law and United l(ingdom Accounting Standards including Financial Reporting Standard 102 The
Fxnancial Reportingstandard applicable in the UKandRepublic ofIre/and (United Kingdom Generally Accepted
Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare fmancial statements for each
financial year which give a t￿e and fair view of the state of affairs of the charity and of the income and
expenditure of the charity for that period. tn preparing these f￿anCIaL statements, the trustees are required to:
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP.
make judgmcnts and accounting estimates that are reasonable and prndent.
stale whether applicabl¢ accounting standards have been followed, subject to any nydterial cfy)artures
disclosed and explained in the fmancial statements, and
prepare the fmancial statements on the going concern basis unless it 18 inappropriate to prc8UmC that tbe
charity will continue in business.
The tlustees are responsible for maintainingproper accountingrecords which disclose withreasonable accuracy at
any time the fmancial po8ltion of the charity and enable them to ensure that the fllwicial statements comply with
the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust
deed/constitution. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularitie8.
The trustees are responsible for the mailltenance and integrity of the charity and f￿ancIal inFonnation included on
the charity's website. Legislation in the United Kingdom governing the preparation anddissemination of f￿anCIal
statements may differ from legislation in otber jurisdictions.
Auditor information
In the case of each of thepersons who were Trustees during the finan¢iaL year andw￿¢ Trustee8 at the time when
the Trnstees, Report is approved:
so far as the Trn8tee is aware, there is llo relevant audit information (inforniation needed by the charity's
auditors in connection with preparing their report) of which the charity's auditors are unaware, and
each Trustee has taken alL the st¢ps tbat he ought to have taken as a Trustee in order to make himself
aware of any relevant audit infonnation and to establish that the ¢I￿lty,8 auditors are aware of tknt
infornution.
Approved
This report was approved by the Trustecs on .,........
and sign¢d on their behalf by:_
Lord Loomba CBE
(Chairman Trustee)

SHRI1￿].￿ PUSHPA WATI LOOMBA MEMORIAL FOUNDATION
JNDEI PENDENT AUDITORS, REI PORT TO THE
TRUSTEES OF SHRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUNDATION
Oplnlon
We hav¢ audit¢dthe fmancial statements of Slirimati Pushpa Wati Loomba Memorial Foundation (the 'Charity')
for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet and
notes to the financial statenLents, including a summary of significant accounting policies. The fjnancial reporting
framework that has been applied in their preparation is applicable law and United Kingdoin Accounting Standards,
including Financial Reporting Standard102: Th¢ Financial Reporting Standard applicable in the UKandRepublic
of Treland (United Kingdom Generally Accepted Accounting Praotice).
In our opllllon, the tlnanclal statements:
'give a tsue and fair view of the state of the Charity's affairs as at 31 March 2024 and of its income and
expenditure for the year then ended.
.have been properly prepared in accordance with United Kingdoin Generally Accq)tcd Accounting Practice.
.have beell Prepar￿ in acoordance with the requiremellts of the Charitie8 Act 2011,
Basfis for opin£oll
We conducted our audit in accordance with International Standards onAuditillg (UK) (ISAS (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit
oftbe f￿anCIal statements section of ourreport. We are independent of the Charity in accordance with the ethical
requirements that are relevant to our audit of the fmancial statements in the UK, including the FRC'S Ethical
Standard and we knve fulfllled our other ethical responsibilities in accordance with thes¢requir¢ments. W¢believe
that the audit evidence we have obtained is suffici￿t and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing th¢ fmancial statements, we have concluded that the trustee8' use of the going concern basis of
accounting ill the preparation of the financial statcments is appropriate.
Based on th¢ work w¢ have perfornied, we have not identified any material uncertainties relating to events or
onditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a
going roncern for a period of at least twelve months from when the f￿anCial statements are authorised for issue.
Our responsibilitxes and the respollsibilities of the directors with respect to going concern are described in the
relevant sections of this Tepo
Other information
The trustees are responsible for the other infornlalion. The other information comprises the information included
in the annual report other than thc fmancial statements and our auditor's report thereon. Our opinion on the
flnancial statem¢nt8 does not cover the other information and, except to the extent otherwise explicitly stated in
our report, we do llot express any form of assurance conclusion thereon,
In connection witlL our audit of the financial statements, our responsibility is to read the otELer infomatioll and, in
doing so, consider whether the other inforniation is materially inconsistent with the fmancial statements or our
knowledge obtained in thc audit or otherwise appears to be materially misstated. If we identify such material
inconsistencies or apparent material misstatanents, we ar¢ required to d¢tennine whether there is a material
misstatement in the fiJ￿i¢la1 statements or a material misstatement of the other inforn]ation. Lf, based on the work
we luve performed, we required to determine whether there is a mateLYdl misstatement in the finallcial statements
or a material misstatement of the other information. If, based on the work we have perfoned, we conclude that
there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.

SIIRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUNDATION
II¥DLI PENDENT AUDITORS? REPORT TO THE
TRUSTEES OF SHRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUNDATION
Matters on whlch we are required to report by exception
In &e light of the knowledge and understanding of the Charity and environment obtained in the course of the
audit, we have not identified material misstatements in the Trustees, Annual Report,
We have nothing to report in respect of the following matters in relation to which the Charities Act 2011 requires
U5 to report to you if, in our opinion".
•suffici¢nt accounting records bave not been kept;
•the financial stat¢mcnts arc not in agreement with the accounting records and returns. or
•we have not obtained all the infonnation and explanations necessary for tlie purposes of our audit,
Responsibillties of the trustees
As explained more ￿llY in the trustees, responsibilities statement, the trustees are responsible for the preparation
of the fmancial statements aiid for being satisfied that they give a true and fair view, and for such internal control
as they deterniine is necessary to enable the preparation of f￿ancIal statements that are free from material
misstatement, whether du¢ to fraud or error.
In preparing the fll]ancial statem¢nt8, the trustees are responsible for assessing the Charity's &bility to continue as
a going concern, disclosing, as applicable, matters related to going concern and using the going concenL basis of
accoulltillg unless the trustees either intend to tiquidate the Charity or to ceas¢ operations, or have no reali8tLC
alternative but to do so.
Our responslbllltles for the audlt of the financlal statemellts
Our objectives are to obtain reasonable assuranc¢ about whether the f￿ancial statcments as a whole are free from
material mi8Statement, whetlier due to fraud or error, and to issuc an auditor's report that includes our opinion.
Reasonable assurance is a high level of a8surance, but is not a guarantee that an audit conducted in accordance
with ISAS (UK) will always detect a ll￿terIal misstatement when il exists. Misstatements can arise from fraud or
error and are considered inaterial if, individually or in the aggregate, they could reasonably be expected to
inlluence the cconomic decisions of users taken on the basis of these f￿ancial statements.
Irregularities, including frau(L are instances of non-compliance with laws and regulations. We d¢sign procedures
in line with our responsibilities, outlined above, to detect nuterial misstatement8 ill respect of I￿egular1tie8,
including fraud. The extent to which our procedures are capablc of detecting i￿egularLties, including fraud are set
out below.
In identifying and assessing risks of material mÉsstatement in respcct of irregularities, including fraud and non-
colllpliance with laws and regulations, our procedures included the following,,
We enquired of management, which illcluded obtaining and reviewing supporting documentation,
concerning the charity's policies and procedures relating to:
identifying, evaluating, and complying with laws and regulations alld whether they were aware of
any instances of non-compliance.

SHRIMATI PUSHPA WATI LOOMBA NIEMORIAL FOUNDATION
INDEPENDEKT AUDITORS, REPORT TO THE
TRUSTEES OF SIIRIMATI PUSHPA WATI LOOMBA MEMOIIIAL FOUNDATION
Detecting and responding to the risks of fraud and whether they hav¢ knowledge of ally actual,
suspected, or alleged fraud,
The internal controls established to mitigate risks related to fraud.
We obtailled an understanding of the environment that th¢ charity op¢rate8 in, focusing on those
laws and regulations that had a material effect on the financial statements.
We reviewed thc fmancial statement disclosures and tested these to supporting documentationto
assess compliance with applicablc accounting standard.
We perfornied analytical procedures to identify any unusual or unexpected relationships that may
indicatc risks of material misstatement due to fraud.
In adthessing the risk of fraud through managemcllt override of controls, we tested the
appropriateTL¢SS ofjournal entries and other adjustments, assessed whether the judgements made
in making accounting estimates are indi¢ativ¢ of a potential bias and tested sigllificant
transactions that are unusual or those outside the normal course of business.
Use of our report
This report is made solely to the Charity's tNst¢es, as a body, in accordance with section 144 of the Charities Act
2011 and the regulations Inade under section 154 of that Act. Our audit work has been und¢rtaken so that we
might state to the Charity's trustees those matters we are required to State to them in an auditor's report and for no
other pu4)ose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other
than the Charity and the Cliarity's trLlStees as a body, for our audit worK for this repor¢ or for the opinions we
have formed,
24 December 2024
GOLDWINS LIMITED
75 Maygrove Road
West Hampstead
London NW6 2EG
CHARTERED ACCOUNTAIYTS
AND REGISTERED AUDITORS
Goldwinb Limited 1£ eligible for appointmeiit as audi lor Df the charity by virtue of ils eligibility for appointment as auilitor of a
coThipany undersection l?1? of the Companie5 ACL 2006.

SHRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUNDATION
STATEMENT OF FINANCIAL ACTIVITtES
FOR TIIE TrTAR ENDED 31 MARCH 2024
Unrestricted
funds
2024
Total
fullds
2024
Unrestrlcted
funds
2023
Total
funds
2023
Income from:
Donations and Legacies
Donations
Incomc tax recoverable
Charitable Aetlvities
Fundraising, event & project
Investments
Interest income-UK
Note
12,139
412
12,139
412
143,570
24,568
143,570
24,568
1,118
1,118
34,931
34,931
16,988
16,988
3,841
3,841
Other
General donation from The Loomba
Group of Companie8 (TLGOC)
100,119
100,119
98,610
98,610
Total Income
130,776
130 776
305,520
305 520
Expendlture on:
Charltable Activities
LF25 anniversary celebrations
InternatlDnal Widows Day & Advooa¢y
Publication
Assistance to Widows - India
Fundraising, event & project
Donations to Barnardo's re Ukrainian
refugees
Donations
94,650
33,609
11,090
loo,000
24,447
94,650
33,609
11,090
100,000
24,447
24,234
5,447
9,610
59,499
24,234
5,447
9,610
59,499
11,760
11,760
64,046
1,450
64,046
1,450
Total expenditure
110,550
110 550
329
Net (deficit)Isurplus for the year
Transfer between fimds
20,226
20,226
(23,772)
(23,772)
Net (deficit)Isurplus in funds
20,226
20,226
(23,772)
(23,772)
Re¢oDciliation of funds..
Total funds brought forward
Total funds carried forward
341,845
341,845
365,617
365 617
362,071
362 071
341845
34J,845
All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those
stated above. Movements in funds are disclosed in Note I I to the financial statements.
10

SHRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUNDATION
BALANCE SHLI ET
AS AT 31 MARCH2024
2024
2023
Note
Current assets:
Other debtor8
Casli at bank and in hand
150
365,121
150
344,895
365,271
345,045
Liabilities:
Creditors.. Amounts falling
due within one year
10
(3,200)
(3,200)
Net Current Asset8
362,071
341,845
Net Assets
362,071
341,845
The funds of the charity:
Restricted Funds
Unrestrictcd Funds
11
362,071
341,845
Total charKty fullds
362,071
341,845
Approved by the Trustees on and signed on their behalf by". -
Lord Loomba CBE
(Chairman Trustee)
19 December 2024
Thc attached notes form part of these Finallcial Statements,

SHIUMATI PUSHPA WATI LOOMBA MEMORIAL f4OUIIIDATIOIY
NOTEI S TO THE FINANCIAL STATEMENTS
FOR THEI YEAR ENDED 31 IVIARCH 2024
Accountin
Policies
a) Basi5 of Preparation
The financial staternents have been prepared in a¢oordan¢¢ with Accounting andReporting by ChaTities: Statement
of Reoommended PraGtice applicable to ¢haTitie8 preparing their ac¢ounts in accordance with tbe Financial
Reporting Standard applicable in the UIC and Repiiblic of Ireland (FRS 102) (¢ffeotiv¢ l January 2015)- (Charities
SORP FRS 102). Asset8 and liabilitie8 are initiallyrecognised at historioal wstortr8ll8actionvalue unless otheThvi8e
statsd in the relevant accounting policy or note.
b) Public benefit enllty
The charitable company ￿eets the defmition of a public benefit etttity under FRS EO2.
c) GoLng concern
The tn￿teeS consider that thore ￿'e no material uncertainties about the charitable ability to continue as a going
con¢em. Key judgetnents that the clwity has made which have a significant effect on the accounts include
estimating the liability from multi-year grant commit￿entS. The trustees do not considerthatthere areanysouTce8 of
estimation un¢ertainty at tho reporting date tbat have a Significant risk of causing a material adjusttnent to the
carying amounts of a8gets and liabilities within the next reporting period.
d) Income
Income 18 recognised when the ¢harAty has entilEetnent to the fLmd8, any perforn￿Ge conditions attached to the
incoMe havebeen met, it 18 probable that the income will be received &lld thatthe amount can be tneasured reliably.
Income frotn goven)ment alld other grants, whether 'capilal' grants or 'revertue' grants, is recognised when the
¢hanty has entitlement to tho fimds, anyperforniance conditions attached to ihe grants have been meL it is pmbable
tbat the illcotne will be received and the amount can be measured reliably and is not defenrd.
Forlegacies, entitletnent is tat(en as the earlier of the date on which either., the charity is aware thatprobatehas been
granted, the e8tate has been finalised and notification h&s been rllade by the executor(s) to the charity that a
distribution will be made, or when a distribution is receivedfrom the estate. Receipt ot a legacy, in whole or inparL
is only considered probable when the atnount can be measured reliably and the charity has been notified of the
executor's intention to make a distribution. Where legacies have been notified to the charity orthe charity ts aware of
the granting of probate, and the criteria for income recognition have not been mel then the legacy is a treated as a
contingent asset and disclosed if rnaterial. Income received in advance of the provision of a 8pecified service is
defetTed until the criteria for inc0￿e recognition are meL
e) DonAtions of gifts, servlees and facllltles
Donated professional services and donated facilities are recoEnised as Illco￿¢ when the charity ha8 control overthe
item or received the service, any Conditions associated with the donation have been met, the receipt of economic
benefit ftDn] the use by the charity of the item is probable and that economic benefit can be measured Teliably. In
accordance with the Charities SORJ) (FRS 102), volunteer time is not recognised so refer to the tru8te¢s' annual
report for more inforniation about their contribution. On receipt, donated gifts, professional servi¢es and donated
facilities are recognised ortthe basis of the value of the gift to the charity which is the amount the clwity wouldhave
been willing to pay to obtain services or faGilities of equivalent economic benefit on the open marlcet. a
conesponding amount 18 then recognised in expenditure in the period of receipt,
fj Interest recelvable
Interest on fi￿d8 held on deposit is included when receivable and the amount can be measured reliably by tbe
charity. this is norn]ally upon notification of the interest paid or payable by tbe bank,
12

SIIRIMATI PUSHPA WATI LOOMBA IVIEMOIUAL FOUNDATION
NO'fES TO THE FtNANCIAL STATEI MEI NTS
FOR THE YEARENDED 31 MARCH 2024
Accoiintin
Poiicles
continued
g) Fund accountlng
Restricted ￿ndS are to be used for specific pu￿oseS as laid down by the donor. Expenditure which meets these
criteria AS charged ¢0 the Ojnd.
Unrestricted ￿ndS are donations and other incoming resources r¢¢eived or generated for the charitable purpose8.
Designated fl￿d$ are unrestricted ￿ndS earnwked by the trustee8 for particular puryoses.
h) Expenditure and irrecoverable VAT
Expendikne is re¢ognisea once there is a legal or constrnctiv¢ obligation to make a payttKnt to a third paty, it 18
probabl¢ that settlement will be required and the amount of the obligatioL catt be meagured reliably. Expenditure 18
ola8sifi¢d under the following activity heading8',
Costs of raising fund8 relate to the costs incurred by the charity in inducing third parties to ]Jak¢ voluntary
contributions to it, &s well as the cost of any activities with a ￿ndraISing purp08e
Expenditure on charitable activities includes the costs ofdeliveritig services undertaken to furtherthepurposes of the
charity and their a8so¢iated support costs
Other expenditure represents those items not falling into any other headiog
Irrecoverable VA'f IS Gharged as a cost against the a¢¢ivity for whioh tbe expenditure wa8 incurre(L
l) Allocation of support costs
ResouTce8 expended are allocated to the particular activity wher¢ the costrelate8 directly to that actsvity. However,
the cost of overnll direction and administration of ea¢h aotivity, oomprising the 8taff c08t8 and overhead c08t8 of the
G¥nlral function, is apportioned between raising fLmds &ttd charitable activities.
j) Debtors
Trade and other debtors ar¢ recogni8ed at the settlement amoullt due after any trade discount offered. Prepayments
are valu¢d at the amount prepaid rtet of any trade discounts due.
k) Ca8h at ba]￿ alld in hand
C¥4sh atbank and cash in hand illclude8 cash and thort tennhighly liquid investments with a shortmaknrity of three
months or less fron the date of acquisition or opening of the deposit or gimilar account. Ca8h balances exclude any
fLmds held on behalf of service users.
l) Creditors and provlslon8
Creditors and piovisions are re¢ogntsed where the charity has a present obligation resulting frottL a past event that
will probably result ill the transfer of funds to a third paty and the amount due to settle tbe obligation can be
tneasured or estimated reliably. Creditors and provisions are rkornially recognised at their settlement amount after
allowing for any trade discounts due.
m) Penslons
The Charity has no pet￿lOn liabiliti¢8.
13

sItRIMATI PUSIIPA WATI LOOMBA MEMORIAL FOUNDATION
NOTES TO THE FINANCIAL STATEME4 NTS
FOR THE YEAR EIWED 31 MARCH 2024
2. Illcome from donatlons and legacies
2024
2023
Unrestricted fulld
Donations
Dollations- Ukrainian refugecs
12,139
82,720
60,850
12,139
143,570
Income from cha￿table actlvitles
2024
2023
Unrestricted fund
Fundraising, event & project
1,118
34,931
1,118
34,931
4. Investment Income
2024
2023
Interest receivablfr- (within the UI<)
16,988
3,841
16,988
3,841
5. Cweneral Donation.
2024
2023
The Loomba Group of Companies (TLGOC)
100,119
98,610
*See note I I regarding amounts includ¢d which are from related parties.
14

1111
111
lll
lll
ifii
lllll
1111
Illllllllll
-111111111111111111111
1111
1111
1111
111111111111111- i-11-
1111
1111

SHRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDEI D 31 MARCH 2024
7. Trn8tees' Remuneration and Expenses
None of the trustees (OT any person8 connected witb them) reoeiv¢d any remuneration or were
reimbursed expenses during the year {2023 - Nil).
8. Staff Costs
The rharity does not employ during the year.
9. Debtor8
2024
2023
Income tax recoverable
150
150
150
150
l O. Creditors Amounts falllng due
wAthln one year
2024
2023
Accruals
3,200
3,200
3,200
3,200
16

SHRLWIATI PUSIIPA WATI LOOMBA MEMORIAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR IHE YLI AR NDED 31 MARCH 2024
I l. Movements in funds
Restrlcted
Fund
Unrestricted
Fund
Total
Balance at 31 March 2023
In¢ommg resources
Outgoing resources
341,845
341,845
132,279
132,279
(110,550) (110,550)
Balance at 31 March 2024
362,071
362,071
12. Related Parties
Lord Raj Loomba CBE, a trustee of the charity, is also CILairmall of The Loomba Group of
Companies (TLGOC). Durkng th¢ year, TLGOC Provided firLancial assistance to the charity of
£100,119 {2023- £98,610).
13. Financilll commitments
At the balance sheet date, the charity had no futLwe fmancAal conllnitments. (2023: £Nil).
17