THE PAKHAR FOUNDATION UNAUDITED TRUSTEES, ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 REGISTERED CHARITY NO: 1091409
THE PAKHAR FOUNDATION TRUSTEES, ANNUAL REP D FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 CONTENTS Reference and administration infornalion Trustees. report Independent examiner's report Slalemenl of financial activities Balance sheet Notes lo the financial sLitements 10-13
THE PAKHAR FOUNDATION REGISTERED CHARITY NO. 1091409 REFERENCE AND ADMINISTRATION INFORMATION Trustees T T Singh K K Singh S L Singh (resigned April 2024} A M Singh RL Wood R P Singh SJCook A J Alderton {appointed October 20241 Charity Correspondents Miss S J Cook Morley House 36 Acreman Street Sherborne Dorset DT9 3NX PROFESSIONAL ADVISORS Bankers Barclays Bank PIC Barclays Private Bank 2 Victoria Street We5trninsler London SW1H OND Independent Examlner A C Mole LLP Chartered Accountants Slafford House Blackbrook ParkAvenue Taunton Somersel TA3 2PX
THE PAKHAR FOUNDATION TRUSTEES'ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2025 The Tiuslees present their report and financial statements for the year ended 5 April 2025. The reference and adminislralion information sel out on page 1 forms part of this report. Structure ovèmance and mana emen Constitutlon The Pakhar Foundatlon was constituted by Trust Deed on 25 February 2002 as amended 28 April 2015. 11 was registered with the Charity Commission on 26 March 2002, registered charity nurnber 1091409. Recruitment. appointment and trainlng of Trustees In selecting persons to be appointed as Iruslees, the Trustees take into account the benefits of appointing that person and the contribution that they can make lo the Charty. There shall be at least two Iruslees. The statutory power lo appoint new Iru5tees shall be exercisable. Training and edLJ¢alional courses are identified by the Trustees and allended as appropriate. Publical*)ns with news and updates are also received and distributed. Risks During the year the Trustees undertook a thorough a5Sgssment of the major risks lo which the Charity is exposed. Procedures and strategies were implemenlecl lo minimi5e these risks where not already in place. The key risks identified are external and relate lo how the financial climate affects charitable giving and the security olthe Charity's assets. The Trustees continue lo miligate against these risks through regular meetings with their external consultants of more than 10 years. iPartner India lo review the Charity's activities and slrale9ies. The Trustees have also Ljlilised the consultancy services of Giving Evidence to evaluate, review and monitor the direct donations made lo ARK India (Peepull and Project ECHO (Pallium India Trust). The Trustees also utili5e the expertise of its external investment and banking advisors in order lo safeguard the Charity's assets and consider alternative options. The Trustees have a policy of seeking external legal advice for matters of a legal nature. Controls and Procedures are regularly reviewed by the Trustees and updated as necessary. This include5 protecting against fraud through approval procedures for all payments and receipts and ensuiing rigorous Controls on bank accounts through appropriate signatory mandates. Ob ectives and activities Objectives The Trustees shall hold the trust fund and ils income upon trust to apply them in India and elsewhere for such charitable puiposes as the Trustees in Iheii absolute discretion deem fi'l. The mission statement of the Charity K8'To support charitable projects, largely in India, mainly focused on health and education". Achievements and erformance The Charity received £456,250 in donations and asso¢iated Gift Aid during the year {2024.. £462,810). The Charlty Teceives donations from private sources and grants are awarded to individuals and institutions in furtherance of the Charity's chari(able objects and taking due consideration of the Charity Commission published guidance on the operation of Public Beneff( requirements. This includes small and mediLjM1Zed granlslo India based Inslitulions. in the field of education and health. Potential recipients of grants are assessed on a number of criteria In key areas and a scorecard approach is used ID measure them. These areas are impael. scalability. su5tainabilily, governance and innovation. These are identified by a consultant who then presents them lo the Trustees who consider the level of grants lo be made. During the year donations were made by The Pakhar Foundation for the benefit ofthese chosen recipients as detailed in this report. Regular reports were received, and discussions conducted beiween the Trustees, consultant and recipients to monrtor and assess the effectiveness of the grants.
PAKHAR FOUNDATION TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2025 The grants awarded have helped achieve the following-. Udayan Care - Since 2017, The Pakhar Foundation has supported 1,233 Shalinis. 80¢A of these girls are now employed and Contributing significantly lo their families income. 20Vo of them have entered professions such as engineering. chartered accountancy, leaching and medi¢ine. Employability workshops continue to run, with the aim of raising awareness amongst the female participants about managing workplace bias. Issues such as sexual harassment and workplace protection laws are covered. Each Shalini musl Complete 50 hours of social work per year, reinforcing the importance of gtving back to society. JamGhal Shelter Homes- Since 2009. Aanchal and Aman shelter homes have provided education, nutrition, heaith care and vocational support for homeless girls and boys. Due lo various challeng&s faced in recent years, Aman Home closed in August 2024 and Aanchal Home is closing in April 2025. Regulation changes restrict children's movement, which Jamghal believes hampers their holistic development. This also led lo fruslralic)n and more conflicts among the children. The lack of clarity on compliance requirements, by many Child Welfare Committee officia15. led lo frequent changes of insliuctions and placing Constant pressure on Jamghal lo meet evolving standards. This led lo a significant increase in running costs. 9 of the 14 children slaying at Aman Home were transferred lo government run inslilulions and 5 were reunited with their families. The Jamghat team regularly follow up with all of the children and provide support as needed. Jamghal continues rts work through The Sadak outreach project lo build a sturdy support system to keep children in school and reconnect with those who have bewme absent. 11 is believed that the Sadak Project offers a more sustainable. long-lerm impact by working directly with street children, ensuring school allendance, connecting them with government schemes and empowering parents lo protect the rights of the children while ensuring the family unil is kept intact. Pardada Pardadi Education Society IPPESI- PPES continues to support giTls from very poorfamilies who are under continued, increased pressure lo leave education and either marry or work to supplement the family income. The partnership with schools as part of the consortium Girls Day School Trust IGDST) in the UK has continued. During the year, online exchange sessions were held with schools in Oxford, Sheffield and Pulney. One of the challenges facing the girls is that, after graduation, they are earning basic incomes. To enable them lo reach their potential to earn higher salaries, they need lo improve their communication and piesenlation skills. PPES plan lo pilot English- medium classrooms and engage corporate partners lo build these skills. The girls attending PPES continue lo ¢ompele in sports al district and national level. PPES was named one of the Top 20 NGOS of the Year 2024, by the Indian Social Impact Awards.11 has also been ranked 3rJ in India and 1S1 in both Uttar Pradesh and Bulandshahr in the Philanthropic Schools Category of the Indian School ranking 20225. CECOEDECON IRakshanl- There continues lo be increasing pressure on girfs, by their parents. lo enter into sex work. More girls are speaking up about their families fcIng them into sex work and seeking help and protection from both the Rakshan team and police. This is seen as a major threat by local well entrenched patriarchy and the Rak5han team and the girls themselves face constant and renewed threats and challenges. Despite Ihese challenges Rakshan continues ils work. A total 9,843 youth, women, men and children have benefited from funding provided by The Pakhar Foundation since inception in 2019. More than 67,000 community members have benefited from various activities run by Rakshan inclLJding'. 5.242 kitchen gardens have been developed. 46 vegetabie farms have been supported. 24 Children's Parliaments have been established lo raise awareness about child's rights, Youth groups have been formed lo address local issues, 340 Village Level Child Protection Committee members have been trained in their roles 2nd responsibilities for child protection, 124 women havo been empowered through strtching and embroidery and increased their annual earnings, over 100 women & youth have been trained in marketing and entrepreneurship and 1.158 youth have received R4'asthan Slate certified computer training lo enhance their career opportunities. Azad Foundation- Followng the success of the visit in 2024, a further 7 female HGV drivers have been selected to visited Balon Transport it) Hungary. Thi8 opens avenues for female drivers to earn an income outside India. Prerana lanti-human trafficking and providing a safe night shelter for the children of sex workers) - A total of 856 children have been enrolled in the Night Care Centre {NCC), lo dale and have received education, nulrilious meals and counselling support. Health camps have continued and provide eye che¢kups. anaemia screenings, anaemia re-checks and dental care. Prerana have also supported 50 HIV-posi(ive women whose children allend. or have attended. the NCC by providing monthly ration lo enhance nulrilional support for their anlirelroviral therapy treatment. Support is provided to mothers who have left the sex trade. by way of Ihree-monthly follow up meetings 2nd monthly phone calls lo support the child's health and well-being. Through Prerana's inilialives, 43 women sex workers have started small businesses, and 13 women have launched home*ased beauty parlours. Prerana's work on human trafficking and commercial sexual exploilalion was published in IDR. Indian Development Remew. 8 renowned online portal covering work of NGO'S.
PAKHAR FOUNDATION TRUSTEES'ANNUAL REPORT FOR THE YEAR ENDED S APRIL 2025 S¢xiety for Participatory Integrated Development ISPlDI- The SPID Centre, estsblished in 1991, was a pioneering initiative lo support children group up in the wodd's second largest red-lighl disliicl. The area is home to over 95 brothels and approximately 4,000 sex workers. The SPID Centre provides a haven for over 100 children of sex workers who previously faced grave risks in high-lhieal environments. Leadership, responsibility, decision-making and critical and creative skills are laughl through games and competitions, which are inlegraled into their daily aclivilies. Indwkdual and group counselling is provided lo all children and adolescents. Weekly visits are conducted lo motivate mothers to keep their children in SPID homes, providing a safe environment that protects children from ggnerational cycles of commercial sexual exploitation. ARK India (Peepull - The grant awarded by the Pakhar Foundation has helped Peepul lo continue to irw•rove edu¢alional standards in Madhya Pradesh. This is achieved through the CM Rise flagship prograrn that involves creating manuals for schools on training and school management and Working with schools on re¢ruilment, training. mentoring. and coaching of teachers and school leaders. Phase two of the CM Rise program is now underway. Project ECHO {Pallium India Trus11- Project ECHO provides specialist healthcare cenlres which provide online leaching on their topic of expertise. Of the estimated 10 million people in serious health related suffering in India. less than 40A have access to palliative care. Funds awarded by the Pakhar Foundation have been rouled lo Trivandrum Inslilule of Palliative Sciences which focuses on providing courses on palliative care. The Trivandrum clinical centre has benefi(ed 27,064 patients. with 7 care teams operating 6 days a week. The impact ol the program has exceeded expectations. More Doctors have been trained than anticipated, and therefore more patients have been affected. Material Grants to Instilulions.. 2025 2024 Donations under iPartner. Udayan Care SPID JamGhat PPES CECOEDECON IR8kshan) Azad Foundation Prerana 55,272 19,080 46,737 56,151 48,858 33,280 23,290 51,814 52,789 87,146 48,453 37,005 20.170 Pakhar Foundation- Direct Donations.. ARK India {Peepull Project ECHO (Pallium India Trust) 20,000 25,000 35,000 25.000 327,668 337,377 Other institutions 11,980 18,939 Total 339,648 356,316 The grants awarded were to help the beneficiaries achieve the following.. Ud8yan Ca To provKle scholarships and mentoring lo talented girfs from very poor1amil$ in 3 states in India. SPID To provide education, nulrilion, night shelter, medical and psychological support lo children of sex workers in GB Road, New Delhi. JamGhat To provide shelter. care and protection for street children of Delhi and livelihood lo women from resour poor backgrounds.
PAKHAR FOUNDATION TRUSTEES'ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2025 PPES To provKle educational and vocational training lo girls in the rural district of Bulandshahr, a patriarchal community. CECOEDECON (Rakshan) To provide safe spaco for chiklren in Mapura Bk)ck in Rajaslhan's Tonk Di5tiicl, where f( is commonpla¢e for tribe5 to sell young girls into prostitlon as soon as they reach puberty. A holistic approach is used lo in¢rease educational levels and improve health condf(ions for girts and boyE while also provKling rural youth. women and men urilh altemab've livelihood opportunrties. Azad Foundation The'women on wheels, program is the first initiative of ils kind in India whichlrains women belween the ages of 18 - 35 to become professional chauffeurs, taxi and HGV drivers. These women are from the slums and other poor backgrounds in various ci(ies. To offer the children of sex workers the opportunity of an alternative life. A lffe where their rights are prolecled, choices are created, and dignity is restored. Prerana offers shelter and a safe place to sleep for children of victims of commercial sexual exploilalion. As well as night shelter, Prerana offers education, nutrition. medical, psychological and educational support lo children born in the red-li9hl dislricl. To transform lives through education. Prerana ARK India (Peepul) Project ECHO (Pallium India Trust) To improve healthcare for ru areas in India. This grant was awarded specifically lo extend work in palliative care. Public benef¢t The Trustees confim that they have referred lo the guidance Contained in the Charity Commission's geneial guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activities. Plans for the future TheTrustees, wilhthe aid ofconsultants, have reviewed the fuluregrant-making slralegyand benefi¢iaries have been identified. An appropriate system for monitoring grants has been pul in place. Financial review Financial results Total net movement of funds for the year amounting lo a surplus of £87.01912024'. £82.3671 have been transferred lo the accumulated funds of the Charity. Reserves The reserves of the Charity at the period end that are freely available for charitable use amounted to £551,26312024'. £464,244). It is the Trustees, policy lo apply the reserves in grants. The incidence of grants is uneven. and serveS are therefore held to meet need as it arises. Grants lotalling £107,379 have been distributed from reserves after the year end.
THE PAKHAR FOUNDATION TRUSTEES, ANNUL REPORT FOR THE YEAR ENDED S APRIL 2025 Statement of Trustees, r&s onsibilities The Iruslees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102.. The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practi). The law applicable to charities in England & Wales requires the trustees to prepare financial slalements for each financial year which give a trug and fair view of the Stale of affairs of the charity and of the income and expenditure of the charity for that period. In preparing these financial stalemenls, the trustees ale required lo.. select suitable accounting policies and then apply them ¢onsislently,' observe the methods and principles in the Chari(ie5 SORP,. makejudgmenls and 8ccounling estimates that are reasonable and prudent.. state whether applicable accounting standards have been followed. subject lo any material departu¥es disclosed and explained in the financial stalemenls, and prepare the financial statements on the going concern basis unless il is inappropriate to presume that the charity will continue in business. The Iruslees are responsible for maintaining proper accounting records which disclose wlh re8sona)le accuracy at any lime the financial posrtion of the charity and enable them to ensure that the financial slalemenls ¢ornply with the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the piovisions of the conslrtulion. 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 irregularities. ook Trustee Date".
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAKHAR FOUNDATION I report lo the trustees on my examination of the accounts of The Pakhar Foundation Ilhe charity} for the year ended 51h April 2025, which are sel out on pages 8 10 13 Responslbilities and basis of report As the charty Iruslees of the The Pakhar Foundation you are responsible for the preparation of the accounts in accordance with the requiremenls of the Charities Act 20111'the Acl'l. I report in respect of my examination of the Trustee's accounts Carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5llbl of the 2011 Act. Independent examiner's report Since the charity's gloss income exceeded £250,000 your examiner musl be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified lo undertake the examination because l am a memberofthe Institute of Chartered AccoLJntanls in England and Wales, which is one of the listed bodies. I have Completed my examination. I confirm that no material maller5 have come to my attention in connection with the examination giving me cause lo believe that in any material respecL' {11 accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 12} the accounts do not accord with those records.. or {31 the accounts do not comply with the applieable requirements Concerning the form and conlenl of ac¢ounls sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a'true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo whh attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. Sarah Twist FCA DChA A C Mole LLP Chartered Accounlanls Slafford House Blackbrwk Park Avenue Taunton Somerset TA1 2PX
THE PAKHAR FOUNDATION STATEMENTOF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 202S Unrestrlcted and Total Funds 2025 Unrestrlcted and Total Fund$ 2024 Notes Income and gndowm&nts from: Donations and legacies Bank interest 456,250 462,810 772 1,285 Inlore81 on gift aid claim 795 562 Foreign exchange gain 17.269 14.186 Total income 475,086 478,843 Expenditure on: Charitable aclivilies 388.067 3%.476 Total expenditure 388,(67 396,476 Netmovem8nt In funds 87.019 82,367 Reconciliation of funds.- Total funds brought forward 464,244 381,877 Total fund5 carried forward 551.263 464,244 The notes on pages 10- 13 fom part of these financial slalements.
THE PAKHAR FOUNDATION BALANCE SHEET AS AT SAPRIL 202S Unrestricted and Total Funds 2025 Unrestricted and Total Funds 2024 Notes Current assets Debtor5 195,437 377.023 168.793 305,319 Cash al bank and in hand 572,460 474.112 Llabillties Creditors.. Amounts falling due Wtthin one year 21,197 9,868 Net current assets or liabilities 551,263 464,244 Total net agsets or liabilities 551,263 464,244 The funds of the charity Unrestricted funds 551,263 464.244 551,263 464.244 The financial stal&menls were approved by the board on ...i..i./.! ..a /1 s .and signed on its behalf ty. lee The notes on pages 10- 13 form part of these financial slatemenls.
THE PAKHAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Ac¢ountin olicies Basis of re aration The financial slalements have been prepared in accordance with Aeeounling and Reporting by Charities.. Statement of recommended Practice applicable lo charities preparing their accounts in accordance wrf(h the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (issued October 20191 charities SORP IFRS1021, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, the Chariti Act2011. The financial statements have been prepared under the historical cost convention with items recognised al cost or Iransaclton value unless Otherwise slated in these notes. The financial statements are presented in sterling which is the functional currency of the charity and rounded lo the nearest £. The charty Conslilules a public benefit enlily as defined by FRS 102. The Trustees Consider that there are no material uneertainlies about the charity's ability to continue as a going concern. The signrficanl accounting policies applied in the prepafation of these financial 5tat&menls are set out below. These policies have been consistently applied to all years presented unless othenlSe stated. Fund accountin olic Unrestricted Funds- The funds are held so that they can be used in accordance wth the Chartty's objects al Ihe discretion of the Trustees. orne Income is recognised in the Statement of Financial Activities once the charity has entillemenl lo the fund5. it is probable that the income will be received and the amount can be measured reliabty. Donations and any associated income lax rec18imable from H M Revenue & Customs are recognised on a receivable basis. enditure Liabilities are recognised as expenditure as soon as there is a leyal or constructSve obligation committing the charity lo that expenditure, il is probable that settlement is required and the amount can be measured reliably. Expfyndilure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related lo the category. Where costs cannot be dire¢lly attributed lo particular headings they havo been allocated Its activities on a basis consislenl with the use of resources. Irrecoverable VAT is charged against the expenditure heading for which il was incurred. Govemance costs comprise all costs involving the public accounlabilrty of the charity 8nd its compliance ¥Mth regulation and good practice. Grants payable are payments made to individuals and institutions in furtherance of the Charity's charitable objectives. Grant awards are subject lo the recipient fulfilling performance conditions or to support them over a sel period. Grants are a¢¢rued when the recipient has fulfilled the conditions or over the period of support. Cash and bank in hand Cash al bank and in hand comprise of cash on hand and call deposts. and other short-lerm highly IiquKI investments that are readily convertible lo a known amount of cash and are subject lo an insignfficant risk of change in value. -10-
THE PAKHAR FOUNDATION NOTES TOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 202S Continued Accountin olicies Creditors Creditors and provisions are rgcognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds lo a third party and the amount due lo sellle the obligation can be measured or eslimaled reliably. Creditors and provisions are recognised at their settlement amounL Flnancial instruments The charity only enters into basic financial instruments that result in the recryJnilion of ftnanciai assets and liabilities such as trade and other debtors and Creditors together with108ns to related parties. Debt instruments such as trade debtors and creditors, are initially measured al transaction price and subsequently measured al amortised ¢ost. Financial assets are assessed al the end of each reporting period for objective evidence of impairment. If objective evidence of impairment 18 found, an impairment loss is recognised in the income statement. Critical Accountin Estimates and Jud aments The preparation of the finaneial statements in Confomiity with FRS 102 requires management to makejudgemenls, eslimales and assumptions that affect the application of policies and reported amounts of assets and liabilities, income, and expenses. Eslimales and judgements are Continually evaluated and are based on historical experience and other factors, including expectslions of future events that are believed to be re850nable under the circumstances. The charty makes estimates and assumptions conceming the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The Trustees consider that there are no critical accounting estimates and judgeTnenls that have a significant risk of causing a material adjustment to Ihe carrying amounts of assets and liabilities wthin the next financial year.
THE PAKHAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Donatlons and le aci 2025 2024 Donations and legacies Gift Aid receivable 365,000 91,250 370,310 92,500 456,250 462.810 Charltable activities 2025 2024 Charitable grants Direct costs Charitable donations (Detailed in Truslges, Annual Reporti Support costs Consultancy fees Professional fees Governance eosts 339,648 356,316 42.501 3,713 2,205 35,280 2.772 2.108 388.067 396.476 GoveTnan¢e costs Independent examiners remuneration- independent examination Bank charges Sundiy expenses 2,180 10 2,034 40 35 34 2.205 2,108 Staff costs and Trustees. emoluments There were no empioyees throughout the year12024'. None). None of the Trustees received remuneration for Iheirwoik as Iruslees orwere reimbursed any expenses by the Charily12024. £Nill. -12-
THE PAKHAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 202S Debtots 2025 2024 Gift Aid recoverabie Prepayments 183,750 11.687 160,5 8,293 195.437 168,793 Creditors- amounts due in less than one ear 202S 2024 Accrued grants payable Accruals 19,037 2,160 7,804 2.064 21,197 9,868 Relat9d Pa Transactlons There were no related paty transaction5 durirKJ the yeai12024.' None). -13-