Trustees' Annual Report for the period
| Period start date | Period start date | Period end date | ||||
|---|---|---|---|---|---|---|
| From | 01 | July | 2022 | To | 30 June |
2023 |
Section A Reference and administration details
Charity name Other names charity is known by CAN Registered charity number (if any) 1097447
CHILD ACTION NEPAL
Child Action Nepal
PO Box: 39676 London Postcode W2 6YP
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 0 |
Trustee name | Office (if any) | Dates acted if not for **whole year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Florence Krief | Chair | Florence Krief | ||
| Simon Yun-Farmbrough | Treasurer | Simon Yun Farmbrough | ||
| Colleen Baldwin | Trustee | |||
| Franco Mancini | Trustee | |||
| Laure Morsy | Trustee | |||
| Loretta Lam | Trustee | |||
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Independent Examiner | Ian Stewart Nelson | 9, Vincent Road, Stoke d’Abernon, Cobham, Surrey KT11 3JA |
| Bank | CAF Bank Ltd | King’s Hill, West Malling, Kent ME19 4TA |
Name of chief executive or names of senior staff members (Optional information)
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Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
Trust deed
- (eg. trust deed, constitution)
How the charity is constituted
Trust
- (eg. trust, association, company)
Trustee selection methods
Appointed by Chair and Treasurer
- (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
-
policies and procedures adopted for the induction and training of trustees;
-
the charity’s organisational structure and any wider network with which the charity works;
-
All our volunteers have to complete a form, provide their CV and two reference letters and are interviewed thoroughly by the Trustees. Volunteers resident in the UK have to go through a “Care Check”
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Our Child Protection Policy has to be read and signed by all volunteers before going to our project in Nepal
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Trustee indemnity and liability insurance cover
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
To relieve the poverty and advance the education of orphans in Nepal, in particular but not exclusively, those of the LBU orphanage situated in the Kathmandu Valley, by provision of facilities and financial assistance.
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Child Action Nepal was set up in 2003 after one of its trustees established an orphanage (LBU) in Kathmandu in 2002. Our first home had 10 boys and 10 girls and reached its full capacity. Therefore, we opened a second home in 2009 to welcome 20 more children who have lost their parents and were at risk of becoming servants, prostitutes or street children. Managing two houses became very difficult as it is hard to find good staff and we thought we could not spend as much time with each child individually, which is what makes CAN’s approach so special. Therefore, as some of our children leave LBU after securing a job and a lodging, we are back to having one house and 20 children again. That way we can really create a family atmosphere and make the children feel like any other children.
In determining our programme each year, we have regard to both the Charity Commission’s general guidance on public benefit and the prevention and relief of poverty for the public benefit. The trustees always ensure that the programmes we undertake are in line with our charitable objects and aims.
Child Action Nepal, through one of its trustees, establishes orphanages in Nepal and, to ensure that each orphan receives the maximum care and attention, we limit our homes to a maximum of 20 children.
Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
-
The activities currently carried out for the public benefit by the charity include: - Education : the Children go to one of the best schools in Kathmandu. Once they have reached the equivalent of GCSE level, the Charity keeps on supporting the children through vocational training, college or university, depending on their ability.
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Healthcare : the children and local staff’s healthcare costs are entirely covered by the Charity. In addition to on-going treatment for some of the children, we organise visits to the dentist and the ophthalmologist at least once a year for everybody. We also have the children and staff vaccinated
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Cultural : We regularly organise visits to exhibitions as well as trips so that the children have a good knowledge of their country. In addition, the children are brought up according to Nepalese customs and celebrating the main festivals. That way we prepare them to become well-integrated citizens of Nepal.
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We select the children who need the most help, i.e. the ones who have the poorest background, have lost one or both of their parents and are the most at risk of ending up as street children, servants or prostitutes because their extended family cannot support them.
We employ local staff supervised by a local committee, which ensures that we pay “local prices” for all our expenses.
In addition to school education, we educate the children to be self-sufficient and, during their vacations, to take care of their clothes and shoes, and help with the cooking and cleaning of the house.
Our trustees are unpaid and personally finance some of the charity’s ongoing expenses so that CAN has only minimal expenditure in the UK and all donations are used directly for the benefit of the Children.
Additional details of objectives and activities (Optional information)
-
You may choose to • We support only orphanages established by one of our trustees include further statements, where relevant, about: • Volunteers, mostly from the UK, go regularly to the orphanage to help the • policy on grantmaking; children in their studies. They have to be at least 18 years old and spend a minimum of one month at the orphanage
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policy programme
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related investment;
- contribution made by volunteers.
Section D Achievements and performance
The last year was focused on finding a new home and helping some of our Summary of the main older children start to live more independently. Finding a home in central achievements of the Kathmandu, which is large enough and affordable was very difficult. We finally charity during the year managed with the help of one of our sponsors who introduced us to a Nepalese friend. In April we moved the whole of LBU to Bhouda which is the Buddhist quarter of Kathmandu. The house has a nice garden and is far from the pollution and noise of the ring road. We had to adapt our new home to our needs as well as repair and improve the whole water system. We also added some new solar panels that we were able to finance thanks to a special donation.
Two of our boys have left LBU and are now self-sufficient and working in Kathmandu. They visit us from time to time and we remain in contact.
We had the visit of a whole group from Switzerland. This was organised by one of our long-term sponsors. They took the whole LBU family to a very nice picnic and distributed some clothes.
This year was the 20[th] Anniversary of CAN and we organised a fund raising party on the Thames. All the Trustees worked hard to make it a very successful event. Not only did we raise more money than we ever raised before at a fundraising party, but we also attracted more people and raised awareness on our work in Nepal.
We selected one of our eldest girls for the opportunity to have further studies in London. One of our Trustees took care of her living costs, and we held a special fundraising to pay the fees for her one-year Master’s degree in International Banking and Finance at the University of Greenwich. She graduated with distinction and is now looking for a job to gain experience in the UK and then plans to go back to Nepal.
The plan for next year is to select another one of our children for a Master’s degree in London, welcome six new young children (as two more boys should leave LBU) and establish a sister charity in Paris to facilitate the collect of funds from donors in Continental Europe.
Section E Financial review
CAN seeks to maintain at least one year’s on-going expenses as Brief statement of the reserves. Although the education costs are increasing as well as food charity’s policy on reserves and healthcare costs, we have fewer children, and our level of reserves is satisfactory. Details of any funds materially in deficit
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Further financial review details (Optional information)
| Youmay chooseto include additional information, where relevant about: • the charity’s principal sources of funds (including any fundraising); • how expenditure has supported the key objectives of the charity; • investment policy and objectives including any ethical investment policy adopted. |
Principal sources of funds: - Direct individual donations - Individuals performing sponsored challenges or events to raise funds for CAN (London 10k, marathon, etc.) - Fundraising through websites such as Justgiving.com - Sale of Christmas cards - Grant giving charities Expenditure: - CAN’s administrative expenses are mainly supported by the trustees - However the cost of bank transfers to Nepal and insurance are supported by CAN - CAN controls every month the expenses at the orphanage in Nepal and one of our trustees visits the orphanage around 3 times a year (at her own expense). Investment policy: We have a conservative approach to investment. |
|---|---|
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
Florence Krief |
Simon Yun-Farmbrough | |
Chair |
Treasurer | |
| 5th Dec 2023 | ||
| 5th Dec 2023 |
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| Annual Report Financial Position Year End Available Balance b/f Income Donations Tax Reclaimed Interest Total Income Expenditure: Transfer to Nepal General Project Exp Fund Raising Expenses Bank Charges Total Income Less Expenditure Less Increase in Pension Provision Plus Increase in Investments Total Funds Available Assets Current Account M&G Charibond CT Responsible Corp Bond Fund IFSL CAF ESG Growth Fund Gross Funds Pension Provision Total Funds Available |
30 Jun 2023 59,868.07 47,863.72 4,699.00 441.30 53,004.02 64,400.00 846.59 4,591.00 380.00 70,217.59 (17,213.57) (1,034.75) (852.26) 40,767.49 30,286.57 10,480.92 2,774.81 4,076.77 47,619.07 (6,851.58) 40,767.49 |
|---|---|
6th December 2023 …………………………………………………………………………………………………………………………Date ………………… ……………………………………………… ………Chair …………………………………………………………………………………………………………………………Treasurer
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Charity Name No (if any)
Child Action Nepal 1097447
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01/07/2022 30/06/2023
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations 47,864 - - 47,864 61,580
Gift Aid Repaymenet 4,699 - - 4,699 3,570
Interest 441 - - 441 427
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
53,004 - - 53,004 65,576
AR)
A2 Asset and investment sales,
(see table).
- - - - -
- - - - -
Sub total - - - - -
Total receipts 53,004 - - 53,004 65,576
A3 Payments
Transfer to Nepal 64,400 - - 64,400 51,000
Fund raising expenses 4,591 - - 4,591 -
General Project Expenses 847 - - 847 816
Bank Charges 380 - - 380 673
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 70,218 ] - - 70,218 52,489
A4 Asset and investment
purchases, (see table)
1,887 - - 1,887 5,086
- - - -
Sub total [ 1,887 ] - - 1,887 5,086
Total payments 72,105 - - 72,105 57,576
Net of receipts/(payments) - 19,101 - - - 19,101 8,000
A5 Transfers between funds - - - - -
A6 Cash funds last year end 59,868 - - 59,868 51,868
Cash funds this year end 40,767 - - 40,767 59,868
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| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |
|---|---|---|---|
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Current Account M&G Charibond Details Total cash funds (agree balances with receipts and payments account(s)) House Manager Pension Fund Details Details Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 30,287 - 10,481 - - - 40,767 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ 6,852 - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Florence Krief Simon Yun-Farmbrough |
Endowment funds to nearest £ - - - |
| - | |||
| OK | |||
| Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 04-Nov-23 04-Nov-23 |