Chirfty r•glitr•tlon numb•r 1144944
Company f•gl•tratlon numb•r 06819862 (England •nd W•l••l
IPARTNER INDIA
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

IPARTNER INDIA
LEGAL AND ADMINISTRATIVE INFORMATION
Trustftos
MS S Mathal
Ms T Sholly
(Appolnt8d 12 Seplember
2023)
(Appolnted 12 Seplember
2023)
Ms SA Kuehne
Se¢retary
Mrs B R Mangalore
Charfty number
1114944
Company number
05819852
Princlpal address
Flat 7 Mulberry Apartments
Cosler Avenue
London
N4 2LD
Registered office
Flal 7 Mulbery Apartments
Cosler Avenue
London
N4 2LD
Auditor
DLee&Co
2nd Floor. Premier House
309 Ballards Lane
London
N128LY
Bankers
CAF Bank
PO BOX 206
Kings Hill
Wesl Mailing
Kent
ME19 4PY

IPARTNER INDIA
CONTENTS
Trustees, report
Statement of trustees. responsSbllitle$
Independent auditorfs report
9-11
Statement of financial activities
12
Balance sheet
13
ststement of cash flows
14
Notes to the finanaal statements
15-26

IPARTNER INDIA
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The Irustees present Ihelr annual report and f4nBnel81 slalemenls lor the year ended 31 March 2024.
The financlal slalenienls have been prepared In accordan¢e wllh Ihe accounllng pollcies sel out In note 1 to the
financial slatemenls and comply wllh Ihe charlly's governlng document, Ihe Companle8 Act 2006 and
'Accounting and Reporting by Charities.. Slalenienl of Recommended Praclice applicable lo charities preparlng
their accounls in accordance wilh Ilie Financial Reportlng Standard applicable in the UK and Republic of Ireland
(FRS 102). (as amended for accounting periods comm8ndng from 1 January 2019}.
Objectlves and actlvltles
The charity's objects with which IPartner India was sel up are-.
To benefit the publi¢ through the support of di5advanlaged 8nd marginalised communilieg. we aim to move
marginalised communities into the mainslream by improving Iheir heallh indicators and their social and economi
posilion. These objecls are lo be advanced through the promotion of the elficiency and effediveness of charities
working with such mar9inalised communilies.
iPartner India a¢hieves these objectives in three ways..
We inspire and encourage the Asian diaspora in the UK to lake an active part in the social change
process in Soulh Asia - primarily in India and Nepal and help in alleviating a range of social and genetic
legacies. We educate donors on the root causes of poverty. disadvantaged communities and economic
deprivation, and create an environment where donors can apply their passion and resources with our
partners and help become part ol a solution.
We select partners through a rigorous due diligence process and use clear performance metrics and
milestones lo evaluate impact and overall organisalional performance. Additional value is created by
focusing on capacity building and documenlalion of social outcomes.
We create relationships beNveen our partners and donors. Small lo medium size charities can develcp
their brands, educate donors and raise funds directly. Donors have an increased choice on what to
support and more direcl information on how their support is making a difference. along with a large cost
saving" For small unknown bul credible charities. this model provides access lo a global market of
donors and supporters. with an opportunity lo communicate their achievements lo develop their profile
and credibility.
There has been no change in these during the year.
Key objectives:
Strengthen the connection belween Ihe Indian diaspora in the UK and their heritage while addressing
pressing challenges faced by contemporary India.
Encourage slralegic, impaclful philanthropy by facililaling contributions to verted and credible
organisations in India.
Create a platform for the Indian diaspora lo voice their concems and connect with institutions in need of
their support.

IPARTNER INDIA
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
About IPartner Indla
iPartner India harnesses Ihe power of giving to foster a more equitable and just society. A8 a credible knowledge
platform. we champion evidence-based, impactlul. and sustainable philanthropy, addressing India's most
pressing developmenl challenges.
With a passion for empowering grassroots organlsalion5 Ihal are innovative and courageous, iPartner India
provides the support and environment Ihese changemakers need to grow and scale. Backed by over 15 years of
on-ground expetience and collaboralion wilh Civil Society Organisalions, we strive lo help marginalised
communities Iransition to the mainstream.
Our work spans six core thematic areas.. Anli-child Traificking, Health. Women and Livelihoods, Education.
Vulnerable Children. and Climate Change. We implement and support high-impacl. lailor-made projects aGross
India, ensuring that every initiative benefits the most marginalised populations without discriminabon. 'Through a
rigorous due diligence process, we carefully select partners based on their operational capacity, inplemen131ion
methods. and ability lo deliver. offering donors the confidence that their conlributions will create real, measurable
impact.
A comerstone of our approach is the robust framework we have developed lo identify. monitor. and evaluate
programs. Beyohd financial support, iPartner India mentors and advises grassroots Ofganisalions, helping them
innovate, scale, and achieve greater efficiency. We build capacity for underfunded NGOS by fostering expert
partnerships and offering a platform for institutional donors, family foundations. and corporations to drive long-
tenn. suslainable change.
Accountability is at the heart of our work. We have implemented time-tesled syslerns lo measure the success of
grants against key performance indicatofs. ensuring transparency and efficiency in every project.
Over the years, iPartner India has invested more than 10 million in projects spanning 22 states. transforming the
lives of more than 10 million people in some of India's most underprivileged communities.
Key Services and Offerings
Tailored Philanthropic Guidance.. Provide personalised advice and stralegic SUPPDrt to hIg￿net-w0rth
individuals and families, helping them align their giving with their values 2nd goals.
In-Depth Research and Analysis.. Conduct feasibility studies and provide insights to ensure informed
decision-making.
Immersive Field Experiences= Organise on-lhe-ground exposure through "Seeing is Believing. tours to
deepen donor understanding and engagement.
Rigorous Monitoring and Evaluation.. Offer due diligence services. induding tools for impact
assessments and ongoing project evaluations.
Educational Initiatives for Donors". Develop programs that enhan￿ donor awareness about
philanthropy, sooo-economic challenges. and effective giving strategies.
Support for Professional Advisers.. Collaborate with wealth advisors lo inlegrale philanthropy into
financial planning.
Specialised Services:
Assistance in establishing Trust Funds or Family Foundations.
Comprehensive consulting services to meet unique philanthropic needs.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what adivities the
harity should undertake.

IPARTNER INDIA
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
About IPartner Indla
iPartner India harnesses the power ol giving lo foster a more equllable and just soclely. As a credible knowledge
platform, we champion evidence-based, impacllul, and suslainable philanthropy, addressing India'8 most
pressing development challenges.
With a passion for empowering grassroots organi5allons Ihal are Innovative and courageous, iPartner India
provides the support and environment these changemakers nèed to grow and srAlo. Backed by over 15 years of
on-ground experience and collaboralion wllh Civil S0ry91y Organisalions, we strive lo help marginalised
communities transition to Ihe mainstream.
Our work spans six core themalic areas.. Anli-child Trafficking, Heallh. Women and Livelihoods, Education.
Vulnerable Children. and Climate Change. We implement and support high-impacl, lailor-rnade projeds across
India, ensuring that every initiative benefits the mosl marginalised populations without discriminab"on. "Through a
rigorous due diligence process. we carefully select partners based orb their operational capacity, iffplemenlalion
methods. and ability lo deliver, offering donors the confidence Ihat Iheir conlributions will Greate real, measurable
impact.
A cornerstone of our approach is the robust framework we have developed lo identify, monitor, and evaluate
programs. Beyond financial support, iPartner India mentors and advises grassroots organisalions, helping them
innovate, srAle, and achieve greater efficiency. We build capacity for underfunded NGOS by fostering expert
partnerships and offering a plalfomi for inslitulional donors, family foundations, and Cofporalions lo drive long-
term, suslainable change.
Accountability is at the heart of our work. We have implemented time-lesled systems lo measure the success of
grants against key performance indicators, ensuring transparency and efficiency in every projecl.
Over the years, iPartner India has invested more than 10 million in projeds spanning 22 slates, transforming the
lives of more than 10 million people in some of India's most undery)iivileged communities.
Key Services and Offerings
Tailored Philanthropic Guidance.. Provide personalised advice and strategic support lo high-net-worth
individuals and families, helping Ihem align Iheir giving with their values and goals.
In-Depth Research and Analysis.. Conduct feasibilily studies and provide insights lo ensure infomed
decision-making.
Immersive Field Experiences.. Organise on-lhe-ground exposure through "Seeing is Believing" tours to
deepen donor understanding and engagement.
Rigorous Monitoring and Evaluation.. Offer due diligence services. including tools for impact
assessments and ongoing pfojecl evaluations.
Educational Initiatives for Donors.. Develop programs Ihal enhance donor awareness about
philanlhropy. socio-economic challenge5, and effective giving slralegies.
Support for Professional Advisers.. Collabofate with wealih advisors to integrate philanthropy into
financial planning.
Specialised Services:
Assistance in establishing Trust Funds or Family Foundations.
Comprehensive consulting services to meet unique philanthropic needs.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what adivities the
charity should undertake.

IPARTNER INDIA
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Achlevomfrnts and porfornianc•
In 2023-24 iPartner India monilored 19 projects In 11 stales wllh 11 partners across Seven Ihemalic areas. A total
of 16 monlloring vlsils were done by Ihe team during the year and five donor vlsils were lacililaled by the leam.
The vertica15 on which we continued lo work are Education. Anll Child Trafficklng, Vulnerable Children, Women
and Livelihoods. Heallh. and Climat& Change.
This was the second year for iPartner India lo hosl the Kamla Bhasln Award along with Azad Foundation and the
National Foundation of India. Kamla Bliasin Award5 Is organised In memory of Kamla Bhasin, a well-known
feminist, and acliwst whose body of work helped Iransfomi the Ihlnklng around f8minism and palriarchy.
Captured below are some of the h￿hlightS of the year:
ANTI-CHILD TRAFFICKING
iPartner India partners with grassrools organisalions acros5 India dedicated to fighting child trafficking and
offering ServI￿S to children and young people who have experienced trafficking, exploi181ion and abjse.
Additionally. we focus on empowering local leaders and communilies, driving change on local. regional and
national fronts.
In the past year, iPartner India has worked alongside Iwo ofganisations to enhance education and raise
community awareness. We also provided safe shelters. essential nulrilion. healthcare seryices, and livelihood
training io trafficking survivors in two Indian slales. Through these inilialives, over 7.216 individuals, induding
traffiGkinS survivors, al-risk girls, and vulnerable communities, have benefited from our support.
RAKSHAN
2023-2024 Marks Five Years of Project Rakshan
Project Rakshan. designed and implemenled by iPartner India. celebrales its five-year milestone in 202>2024.
The word "Rakshan" means "proleclion" in English, embodying the project's mission. In ils fifth year, Rakshan
expanded its reach to 36 villages in Rajaslhan. focusing on marginalised communities, particularly the denolified
Nal community residing in rural areas.
Since its inception in 2018, Rakshan has aimed to create safe spaces for children by engaging entire
communities lo support and empower gids, ultimately benefiting everyone. Through collaboration and action.
Rakshan bridges families, community leaders. and stakeholders in legal. administrative, economic. and socio
cultural domains via targeted inlervenlions
Rakshan adopts a holistic approach lo improve education and health outcomes for children while providing
alternative livelihood opportunities for rural women and men. The project's ultimate goal is to ensure that no child
goes missing from ils intervention wllages.
Key Achlevements in 2023-2024
Education Scholarships and Skill Building
252 scholarships awarded lo resource-poor and vulnerable girls.
19 girls enrolled al Banaslhali Vidyapilh, a Premier boarding institution, with three graduates preparing
for the Indian Administrative Service (IASI exams
245 youths completed the Rajasthan Slate Course on Information Technology (RSCIT) in 2023-24,
bringing the total lo 1,158 since the piojecl's inception.
Quarterly block-level meetings monilored scholars. progress and helped prevent dropouts.
87 children (36 girls and 51 boys) in six Nat villages received coaching in Mathematics, Science. and
English.

IPARTNER INDIA
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Fami-Based Llvfrllhoods
340 kitchen gardens 5UPPOrted 2023-24. savlng households INR 80(k1,000 monthly, wfth savrngs
redire￿ed lowards educalion and healthcare.
Smart famiing praclices enabled the cullivalion 014-5 crops annually, boosting lamily Incomes.
Non-Fami Llvelihood5
11 goat-rearing units supported, generating monlhly incomes ol INR 2.0[K￿lS.000 per household.
Bal Rakshan Samilis were established in nine villages lo slrenglhen child protection mechanisms.
Strategic collaborations were forged wilh Child Welfare Committees and othef stakeholders combating
child trafficking.
Community and Governance
Rakshan expanded to 21 Nal and Kanjar villages, induding A￿ar dislricl.
Bal Rakshan Samilis were established in nine villages lo strengthen child protection mechanisms..
Nat community members were empowered to advocate for Iheii needs in Gram Panchayat Development
Plans.
Strategic collaborations were forged with Child Welfare Committees and other stakeholders combating
child Irafficking.
Improved playgrounds led to increased school enrolmenls.
Special Initiatives
38 girt scholars participated in a 4-day exposure visit to Udaipur. fostering experiential learning
The Rakshan team received training on the Juvenile justi￿ Act and the Protection of Children from
Sexual Offences (POCSO) Act. enhancing child protection efforts.
Projed Rak5han continues to Iransform lives in Raja51han's most vulnerable communities, working lowafds a
safer, healthier, and more equitable future for children and their families.
VULNERABLE CHILDREN
At iPartner India, we are committed to improving the well-being of vulnerable children. guided by the belief that
every child deserves Ihe opportunity to thrive. Our interventions provide access lo education. healthcare. shelter.
nutritious food, and other essential resources. empowering children lo build brighlef futures.
We partner with established safe shelter homes lo ensure secure environments where children receive
education, nourishment, and menlal health support.
Over the past year, our comprehensive efforts have positively impacted the lives of 3,515 individuals, including
746 children. By addfessing these critical needs, we strive to creale nurturing and empowering environments that
enable vulnerable children to reach their full potential and shape a brighlei future.
EDUCATION
iPartner India plays a pivolal role in advancing the education and empowerment of marginalized children,
partlcularly those facing financial challenge5. Through scholarships for higher education and employability
workshops. iPartner India equips sludents with Ihe lools they need lo enhance their career prospects.
In 2024, over 200 girfs participated in workshop5 focusing on critical ski115 such as CV writing, mock inlerviews,
problem-solving and conflict management. These sessions also addressed key topics. including career
counselling. leadership. menstrual hygiene. youth engagement, personal skill development, gender awareness,
self-discovery. mental health. yoga. theatre, and sound therapy.
Beyond work.shops. iPartner India provides scholarships. educational resources. and mentorship to 340 girls,
many of whom are also enrolled in vocational training programs that impart valuable skills to boost their career
opportunities.

IPARTNER INDIA
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Overall, iPartn&r India has Indireclly Impacled over 2,520 individuals Ihrough Ils comprehensive educational,
employability. and empowermenl inilialive5. These programs are inslrumenlal In enabllng marginalized students
to succeed academically, professionally, and personally. paving the way for a brighter and more suslainable
fvture.
WOMEN AND LIVELIHOODS
iPartner India champions sustainable and dignified livelihood opportunities for resourcevpoor women, aiming to
enhan￿ their income levels and produclivily. Women's partiripalion in the workforce not only empowers them
individually but also uplifts entire communilies
During the year, iPartner India slrenglhened ils partnership wilh Azad Foundation to train women as commercial
chauffeurs. The Azad Foundation also works al Ihe community level lo raise awareness aboul livelihood
opportunities and assists individuals in obtaining essential citizenship documents. With iPartner India's support,
167 women were trained as commeraal chauffeufs. and 7.745 community membets were engaged through
awareness inilialives.
Kamla Bhasin Award
iPartner India collaborated with Azad Foundation and Ihe National Foundation for India to host the second edition
of the Kamla Bhasin Award. honouring the legacy of the feminist pioneer Karnla Bhasin. Renowned for her work
on gender equaltty, Kamla Bhasin famously stated. "Men of quality are not afraid of equality." This ward
celebrates her remarkable achievements and recognizes individuals who dismantle patriarchal structures and
promote gender justice across South Asia.
The award spans eight South Asian countrie5
Afghanistan. Bangladesh, Bhulan. India. Maldives. Nepal.
Pakistan. and Sri Lanka. and accepts entries in all official languages of these nations.
Award Categories
1. Women {cisnrans) in Non-Tradilional Livelihoods (NTL).
2. Men (cisltrans) working lor gender justice
In 2023, the awardees were..
Jayasree P.K., recognized for her groundbreaking wod( in masonry.
Mahendra Kumar. honored for his efforts in promoting gender equality.
Special Jury Awards were presented lo Parina Subba Limbu and Farhan Javed Akhler for their eX￿ptIOnal
contribulions.
The award ceremony took place in Delhi. where seven fellowships were also announced lo advance Kamla
Bhasin's mission of empowerment and inclusion. These fellowships. jointly awarded by iPartner India and the
National Foundation for India. aim to sustain her legacy of gender justice and social change.
CLIMATE CHANGE
iPartner India with the help of women and youth in the villages of Rajasthan is making human-made charcoal
from waste agricultural biomass. This innovative initiative marks a Significant slep toward climate action and
promotes carbon sequesliation.
Our collaboration with the Indian Network on Ethics and Climate Change (INECC) has grown slronger, enabling
'oint efforts on various impactful initiative5 aimed al fostering environmental sustainability.
SOCIAL MEDIA & VISIBILITY
A comprehensive social media strategy was developed during the year, with consistent posts shared on
Significant days and events.
Films were produced to highlight our work and engage donors effectively.
Regular reports were prepared and shared with donors, showcasing the impact of their contributions.

IPARTNER INDIA
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUEO)
FOR THE YEAR ENDED 31 MARCH 2024
Flnan¢lal r•vl•w
During ihe year under review. the charlly'5 lolal Incomlng resources amounted lo £834.340 (2023.. £458,158)
from voluntary income from our generous donors. Oiilgolng resources were £557,055 (2023. £423,558) resulting
In a Surplus for the year of £277,285 {2023. £34.600). We made grants lo project partnors lolalling £399,500
(2023: £325,782).
11 is the policy of the charity thal unreslricled funds whlch have nol been deslgnaled lor B Specific use should be
maintained at a level equivalenl lo between three and six month's expendilufe. The Iruslees considers th81
reserves al this level will ensure that, in the event of a significanl drop in funding, Ihey will be able lo continue the
charity's current actiwts'es while consideralion is given lo ways in which addilional lunds may be faised. This level
of reserves has been mainlained throughout the year.
The level of ￿serveS available to the charily as al 31 March 2024 was £326,429 which was conSide￿d
adequate.
The truslees have assessed the major risks lo which the charily is exposed. and are satisfied that systems are in
place to mitlgale exposure to the major risks.
iPartner India's systems of inlemal control are designed lo provide reasonable. bul not absolute, assurance
against material misstatement or loss. They include..
a strategic plan and annual budgel approved by Ihe trustees-
regular consideration by the Iruslees of financial results. in particular variance from budget.
delegation of authorily and segregation of duties.
The trustees have introduced a risk management process lo assess business risk and implement risk
management slralegies. This involves identifying the types of risk the charity faces, prioiilising in terms of
potential impact and likelihood of occurrence, and identifying means of miligaling the risks.
During the year, Ihe trustees undertook a thorough assessment of the major risks lo which the charity is exposed.
Procedures and strategies were implemented lo minimise these risks. The key risk identified is external and
relates to how the financial climate affects charitable giving.
PLANS FOR THE FUTURE
Rakshan. bvilding on five year5 of learnings. has Iransilioned from ils pilot phase to refining a scalable
model for implementation in its nexl phase. starting in 2024. The focus areas lor Rakshan in this phase
will indude..
<1) Creating safe environments for children and young adults to grow and thrive.
(li) Ensuring access lo formal, quality education.
(iii) Building leadership capacities among children and young adults through sports. capacily-building
intervenlions, and ongoing dialogue.
iPartner India also plans lo revisit ils goals. mission. and vision lo priorilise niche areas and develop a
stralegic roadmap for the next three lo five years.Expand our work on Climate Change and resilience
building.
The organisation will expand ils outreach lo family and corporate foundations to secure increased
funding for the Rakshan project and other inilialives.
Investments have been made in coaching and mentoring second-line leadership to lake over key
responsibilities in program management. networking. fundraising. and operations durin9 2024-25.

IPARTNER INDIA
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Structurei goveman¢e and management
The charity is a company limited by guarantee .11 was incorporated on 17 May 2006 and registered as a charity
on 28 June 2006. The company wa5 established under a Memorandum ofAssoGialion which established the
objects and powers of the charitable company and is governed by ils Articles of Association.
The trustees, who are also the directors for Ihe purpose of cornpany law, and who served during the year and up
to the date of signature of the financial slalemenls were..
Ms S Malhai
MrAMPShah
Ms T Shetty
Ms S A Kuehne
(Resigned 12 September 2023)
(Appointed 12 September 2023}
(Appointed 12 September 20231
Trustees are selected on the basis of the skills and experience which they bring to the governance of the charity.
They are appointed by a resolution of the trustees. On appoinlmenl. new trustees are provided with copies of the
relevant Charity Commission guidance and the founder director, along with the other trustees, gives them an
introduction to the charity's activities and their roles and responsibililies.
The charity has a trustees, policy. whereby Iruslees receive regular information and updates about the charity
and are encouraged lo proaclively participate al events and activilies of iPartner India. Beyond this, the Gharily
follows the code of practice for governance produced by the Governance Hub.
None of Ihe trustees has any beneficial interest in the company. All of the trustees are members of the company
and guarantee lo oontribule £1 in the event of a winding up.
Day lo day management of the charity is delegated by the trustees lo the CEO and her team of staff and
Consultants or Researches, who are bioughl in from lime lo time. The trustees remain closely involved in the
activities of ihe organisation and authorisalion of transactions.
The senior management leam consisls of..
Chief executive officer- Bina Rani Mangalore
Exisling trustees are provided with training as and when required and they are encouraged lo allend external
training events where these will facilitale the undertaking of their role.
The directors consider the board of directors. who are also the trustees and the senior management team
comprise the key management personnel of the charity in charge of directing and conlfolling, running and
operating the charity ors a day lo day basis. All Iruslees give their lime freely and no direclorllruslee received
remuneration in the yeaf. The pay of senior staff is reviewed annually by the trustees.
Details of transactions with relaled parties are sel oul in Note 19 to these accounts.
The trustees, report was approved by the Board of Truslees.
Ms S Mathai
Trustee
Dated: 17 December 2024

IPARTNER INDIA
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees. who are also the directors of IPartner India for the purpose of company law, are responsible for
preparing the Trustees. Report and Ihe financial slalemen15 In accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted AGcounling Practice).
Company Law requires the trustees to prepaie financial slalemenls for each financial year which give a true and fair
view of the State of affairs of the charily and of the incoming Tesources and application of resourc£s. inctuding the
income and expenditure. of the charitable company for that year.
In preparing these financial slatemenls. the trustees are required lo:
select suitable accounting policies and then appty them consislenlly;
obseNe the methods and prinaples in the Charities SORP;
make judgements and estimates that are reasonable and prudent-
state whether applicable UK Accounting Standards have been followed. subject lo any material departures
disclosed and explained in the financial statements: and
prepare the financial statements on the going concern basis unless il is inappropriate lo presume that the charity
will conlinue in operation.
The truslees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and enable them to ensure that the financial statements comply wtth the
Companies Act 2006. They are also resporksible for safeguarding the assets of the charity and hence for taknng
reasonable steps for the Pfevention and deteclion of fraud and other irregularities.

IPARTNER INDIA
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF IPARTNER INDIA
Oplnlon
We have audited Ihe financial statements of iPariner India (the 'charily') fof the year ended 31 March 2024 whlch
comprise the slalement oi financial aclivilies, the balance sheet, the slalemenl of cash flows and the notes lo the
financial statements. including a summary of signlficanl accounting policies. The financial reporting framework that
has been applied in their preparah'on Is applicable law and United Kingdom Accounting Sl8ndards. induding
Financial Reporting Slandard 102 The Finall￿al Reportiiyg slanda￿ 8pplicable In Ihe UK and Republic of Ir81and
(United Kingdom Generally Accepted Accounting Practice).
n our opinion. the financial slatemenls=
give a true and fair view of Ihe stale of the chaTilable companys affairs as al 31 March 2024 and of its
incoming resources and application of resources. lor the year then ended..
have been propedy prepared in accordance with United Kingdom Generally Accepted Accounling Practi￿..
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with Inlemalional Standards on Auditing {UK) (ISAS {UK)} and applicable
law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for Ihe audit ol
the financial statemenls section of our report. We are independent of Ihe charity in accordance with the ethical
requirements thal are ielevant lo our audit of the financial slalements in the UK. including the FRC'S Ethical
Standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to going Concern
In auditing the financial stalernents, we have conduded Ihal the trustees. use of the going concem basis of
accounting in the preparation of the financial slalements is appropriate.
Based on the work we have performed, we have not idenlrfied any material uncerlainlies relating to events or
conditions that. individually or collectively, may cast significant doubt on the charity s ability lo continue as a going
concem for a period of al least twelve months from when the financial statements are authorised for issue.
Our responsibilities and Ihe responsibilities of the trustees wilh resped to going concem are described in the
relevant sections of this report.
other information
The other infomialion ¢ompri5es Ihe information induded in the annual report other than the fina￿la1 statements
and our auditorfs report thereon. The trustees are responsible for the other information contained within the annual
report. Our opinion on Ihe financi31 slalemenls does not cover the other information and we do not express any form
of assurance conclusion Ihereon. Our responsibility is lo read the other information and, in doing so. consider
whether the other information is maleri211y Inconsislent with Ihe financial statements or our knowledge obtained in
the course of the audit, or otherwise appears lo be materially misstated. If we identify such material incor)sistencies
or apparenl material misslatements, we are required lo determine whether this gives rise to a m2terk21 misslalement
in the financial statements themselves. If. based on the work we have performed, we conclude that there is a
material misslatemenl of this other infomation, we are required to report that fact.
We have nothing to feport in this regard.
Matters on which we are required to report by exception
We have nolhing to report in respecl of the following matters in relation lo which the Charities (Accounts and
Reports) Regulations 2008 require us to repori to you if, in our opinion=
the information given in the financial statements is inconsistent in any material respect with the trustees,
report; or
sufficient accounting records have not been kept- or
the financial statements are not in agreement with the accounting records: or
we have not reGeived all the inf0m￿li0n and explanations we requi￿ for our audit.

IPARTNER INDIA
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF IPARTNER INDIA
Responslbllitles of trustees
As explained more fully in the slatemenl of truslees, responsibililies, Ihe trustees, who are also the directors of the
charity for the purpose of company law, are responsible for the preparallon of the financial statements and for being
satisfied that they give a true and fair view. and for such internal control as the Iruslees determine is necessary lo
enable the preparalion of financial statements Ihal are free from malerial misslalemenl. whether due lo fraud or
error. In preparing the financial slalemenls, Ihe Iruslees are responsible for assessing the charity's ability to
continue as a going con¢em. disclosing. as applicable, mallers relaled lo going concern and using the going
concem basis of accounting unless the Iruslee5 either Inlend lo liquidate the charitable company or lo cease
operations. or have no realistic allemative bul lo do so.
Auditor's responsibilities for the audit of the finan¢lal statements
We have been appointed as auditor under section 144 of the Charities AGI 2011 and report in accordance with the
Act and relevant regulations made or hawng effect Ihereunder.
Our objectives are to obtain reasonable assurance about whether the financial slatemenls as a whole are flee from
material misslatemenl, whether due lo fraud or error. and lo issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance bul is not a guarantee Ihal an audit conducted in accordance
with ISAS (UK) will always delecl a material misstalemenl when it exists. Misslalemenls can arise from fraud or
error and are considered material if. individually or in the aggiegale, they could reasonably be expected to influenc8
the economic decisions of users laken on the basis of these finanaal slalements.
The extent to which our prO￿dureS are capable of detecting irregularities. including fraud. is detailed below.
Based on our understanding of the charity and industry in which il operates, we identified the risk of non-compliance
with key laws and regulations which induded Companies Acl 2006 and lax legislation and we considered the extent
to which non-compliance might have a material effect in Ihe financial slatemenls.
We also addressed the risk of fraud through management override of controls. We lesled the appropriation of
journal entries and other adjuslmenls and evaluate whether there was evidence of potential bias. The risk of not
detecting a material misslatemenl due to fraud is higher than the risk of not delecling one resulting from error. as
fraud may involve deliberate concealment by. for example. forgery or intentional misrepresentations, or through
collusion.
In addition to the above, our procedures to respond lo the risks identified induded the following..
Reviewing financial slalemenls disdosures by lesling lo supporting documentation to assess compliance
with applicable laws and regulation..
Enquiry of management, those charged with governance around actual and potential liligalions and claims..
Enquiry of entity staff lo identify any instances of non compliance wilh laws and regulations and fraud..
Performing analytical procedures lo identify any unusual or unexpected relationships that indicate risk of
material misstalemenls due lo fraud.
Reading minutes of meeting of those charged with govemance.
There are inherent limitations in Ihe audit piocedures described above. We are less likely lo become aware of non-
compliance with laws and regulations thal are not closely related lo events and transactions Teflecled in the financial
statements.
We communicate with those charged with govemance regarding, among other matters, the planned scope and
timing of the audit and significanl audit findings. including any significant deficiencies in internal control that we
identify during our audit.
A further description of our responsibilities is available on the Financial Reporting Council's website al.. https.'Il
www.frc.org.uklaudTtorsresponsibilities. This description foms part of our audilo¢s report.
10-

IPARTNER INDIA
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF IPARTNER INDIA
This report is made solely to the company's members. as a body, in accordance with section 391 of the Companies
Act 2014. Our audit work has been undertaken so that we might stale to Ihe company's members those mallers we
are required to state to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law,
we do not accept or assume responsibility to anyone other than the company and the company s members as a
body, for our audit work. for this report, or for the opinions we have fomied.
DLee&Co
Chartered Certified Ae¢ountants
Ststutory Auditor
2nd Floor. Premier House
309 Ballards Lane
London
N12 8LY
D.Lee & Co is eligible for appointment as audilor of Ihe charily by virtue of its eligibility for appointment as audilor of
company under section 1212 of the Companies Act 2006.
11

IPARTNER INDIA
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrlcted Restrlcted
fund8
lund8
2024
2024
Total Unrejtrlcted Re*trl¢ted
fundi
fund•
2023
20Z3
Totsl
2024
Z023
Notes
Income from:
Donations and legacies
Investments
53.129
1.740
779.471
832,600
1,740
117.812
1,013
339.333
457,145
1,013
Total Income
54,869
779,471
834.340
118,825
339,333
458,158
Expenditure on:
Raising funds
Charitable acliwlies
63,746
493,309
38,474
58.845
191
326,048
38,665
384.893
56.577
85,005
7.169
408,304
423,558
Total expenditure
141.582
415.473
557,055
97.319
326,239
Net Incomellexpenditurel and
movement in funds
277,285
21,506
13,094
34,600
(86.713)
363,998
Reconclliation of funds:
Fund balances at 1 April 2023
629.708
399.721
264,587
664,308
378.215
251,493
Fund balances at 31 March
2024
941.593
399.721
2eA.587
664,308
313,008
628,585
The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure
derive from continuing aclivilies.
12-

IPARTNER INDIA
BALANCE SHEET
AS AT31 MARCH 2024
2024
2023
Fixed assets
Tangible assets
Notes
1,312
Current assets
Debtors
Cash at bank and in hand
13
2,158
955,014
2.160
673,814
675.974
Creditors.. amounts falling due withln
one year
957.172
14
{16,891)
(11,666)
Net current assets
940.281
Total assets less current liabilities
941.593
664.308
The funds of the charity
Restricted income funds
Unrestricled funds
16
17
628,585
313.008
264,587
399.721
941.593
664,308
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies A
2006. for the year ended 31 March 2024. although an audit has been carried out under section 144 of the Chartties
A￿2011.
The. (lirecaors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
The members have not required the company lo obtain an audit of its financial slalemenls under Ihe requirements
of the Companies Act 2006, lor the year in quests.on in accordance with section 476.
These financial statements have been prepared in accordance with the prO￿s1on$ applicable to companies subject
to the Small companies regime.
The financial statements were approved by the twslees on 17 December 2024
Ms S Mathai
Truste•
Company ￿gIstratIon number 05819852 (England and Wales)
13-

IPARTNER INDIA
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
Notes
2024
2023
Cash Ilows from operating a¢tivltle$
Cash generated from operations
22
In￿sting activities
Purchase of tangible fixed assets
Investment income received
281.209
36.133
(1.749)
1.740
Net cash (used in)Igenerated from
Investing activities
1,013
(9)
1,013
Net cash used in finan¢ing activities
Net increase in cash and cash equivalents
281.200
37,146
Cash and cash equivalents at beginning of year
673.814
636.668
Cash and cash equivalents at end of year
955.014
673.814

IPARTNER INDIA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charlty Infomiation
iPartner India is a private company limiled by guaranlee incorporaled In England and Wales. The registered
office is Flat 7 Mulberry Apartments, CoslerAvenue. London, N4 2LD.
1.1 Accounting conventlon
The financial slalements have been prepared in accordance with the charitys Act 2011, the Companies Act
2006 and 'Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo
charities preparing their accounts in accordance with Ihe Financial Reporling Standard applic8ble in the UK
and Republic of Ireland (FRS 102)" (as amended for accounting periods cornmencing ffom 1 January 2019).
The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in 51erling, which is the functional currency of the charity. Monetsry
amounts in these financial statements are rounded lo the nearest £.
The financial statements have been prepared under the historical cost convention. The prin¢tpal ac￿UntIng
policies adopted are set out below.
1.2 Going concern
At the time of approving the financial slatemenls. the trustees have a reasonable expedation that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the t￿￿teeS
continue to adopt the going concern basis of accounting in preparing the finanry81 slatemenls.
1.3 Charitsble funds
Unrestricted ftsnds are available for use al the discretion of the Iruslees in furtherance of their charttable
objectives.
Restricted funds are subject lo specific condib-ons by donors or grantOTS as to how they may be used. The
purposes and uses of the restricted fund5 are sel out in the notes to the financial statements.
Endowment fvnds are subject lo specific conditions by donors that the capital musl be maintained by the
charity.
1.4 Income
Income is recognised when the charrty is legally enlilled lo it after any performance conditions have been met.
the amounts can be measured reliably. and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation. unless perfomance conditions require deferral of the amount. Income lax recoverable in
relation to donations received under GiftAid or deeds of covenanl is recognised at the time of the donation.
Legactes are recognised on receipt or otherwise rf the charity has been notified of an impending distribution,
the amount is known. and receipt is expected. If the amount is not known. the legacy is treated as a
contingent asseL
15-

/ IPARTNER INDIA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Contlnued)
1.5 Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate
all costs related to the category. Expenditure is recognised where Ihere is a legal or conslruclive obligation to
make payments to third parties. il Is probable Ihal the selllemenl will be required and the amount of the
obligation can be measured reliably. It is calegorised under the following headings..
Cost of raising funds comprise costs incurred by the tharily in the generation of donation and
fundraising income.
Expenditure on charitable activities include those costs incurred by the charity in the delivery d its
activities and services for ils beneficiaries.
Other expenditure represents those item5 nol falling inlo the category above.
All categories of costs include both costs that Can be allocated directly lo such adivities and those
costs of an indirect nature nature necessary lo support them.
Irrecoverable VAT is charged as an expense against the activity for which expendilure arose.
Grants payable to third parties are within Ihe charitable objectives. Where unconditional grants are offered,
this is accrued as soon as the recipient is notified of the grant as this gives iise lo a reasonable expectation
that the recipient will receive the grants. Where grants are conditional relating to performance. the grant is
accrued only when any unfulfilled conditions are outside of the control of the charity.
Support costs
Support costs are those that assist the wot* of the charity but do not direcrfy represent charitable activities
and indude premises costs, office costs, govemance costs. adminislralive and payroll costs. They are
incurred directly in support of expenditure on the objects of the charity- Where support Costs cannd be directly
attributed to Particular activities, they have been allocated lo expenditure on a basis which may be based on
activity as represented by direct costs expended on Ihal activity. or based on a proportFon of stafff costs. The
analysis of these costs is included in Note 4.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured al cost and subsequently measured al cost or valuation. net of
depreciation and any impairrnenl losses.
Depreciation is recognised so as lo wrrte off the cost or valuation of assets less their residual values over their
useful lives on the follo¥ving bases..
Computers
The gain or loss arising on the disposal of an asset is delemiined as the difference betsveen the sale proceeds
and the carrying value of the assel, and is recognised in the statement of financial aclivilies.
25QA per annum on reduang balance
1.7 Impaimient of fixed assets
At each reporting end dale. the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impaimienl loss. If any such ind￿allOn
exists. the retxsverable amount of the asset is esbmaled in order to determine the extent of the impairment
loss (rf any).
1.8 Cash and cash equivalents
Cash and cash equivalenls include cash in hand. deposits held al call with banks, other short-term liquid
investments wrth original malurilies of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowngs in current h'abilrties.
16-

IPARTNER INDIA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
1.9 Financial Instruments
The charity has elected to apply the provisions of Section 11 'Ba5ic Finaneial Instruments, and Section 12
'Other Financial Instruments Issues. of FRS 102 to all of ils finanoaf instruments.
{Conllnuod}
Financial instruments are recognised in the charity's balance sheet when the charty becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset. with the nel amounts presented in the financial slalemenls. when
there is a legally enforceable right to set off the recognised amounts and there is an intention lo settle on 8 net
basis or to realise the asset and selue the liability simultaneously.
Basic financial assets
Basic financial assets. which include debtors and cash and bank balances, are initially measured at
transaction price including transaction cosls and are subsequently carried al 2mortised cost using the effective
interest method unless the arrangement constitutes a finanang transaction. where the transaction is
measured at the present value of Ihe future receipts discounted at a market rate of interest. Financial assels
classified as receivable wilhin one year afe not amortised.
Basic financial liabilities
Basic financial liabilities, induding creditors 2nd bank loans are initially recognised at transadion price unless
the arfangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost. using the effective interest rale method.
Trade creditors are obligations lo pay for goods or serwces that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are dassified as current liabilities if payment is due within one
year or less. If not, they are presented as non•current liabilitie5. Trade creditors are recognised initially at
. transaction price and subsequently measured al amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charrly's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday entttlemenl is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when Ihe charity is demonstrably committed
to terminate the employment of an employee or lo provide lermination benefits.
1.11 Retirement benefits
Payments to defined contribution retiremenl benefit schemes are charged as an expense as they fall due.
1.12 Sister organisation
The chafity works in assouation with a sister organisation in India. that is called iPartner India (the Trust). The
Trust is a separately constrtuted Chantable Trust (Ref 5454) eslablished lo worf( in partnership with iPartner
India UK in delivering its mulual charitable objectives within agreed quality standards. The Trust Is not deemed
to be a branch nor a subsidiary of the UK Charity- As a result of this, Its results are not reflected In these
accounts. Funds transferred to the Twst are treated as grants.
17-

IPARTNER INDIA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Critical accountlng estimates and judgements
In the application of the charity's accounting policies. the Iruslees are requlred lo make ludgements, estimates
and assumpiions about the Carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumption5 are based on hislorical experience and other factors Ihal
are considered to be relevant. Aclual results may differ from Ihese eslimales.
The estimates and underlying assumptions are reMewed on an ongoing basis. Rewsions lo accounting
estimates are recognised in the period in which the estimate is revised where the revision affects cnly that
period, or in the period of Ihe revision and future periods where the revision affecls l)olh current and future
periods.
Income from donations and legacies
Total Unrestrlcted Restrfcted
funds
fun(ts
2023
2023
Total
Unrestricted Restricted
funds
funds
2024
2024
'2023
2024
117.812
339.333
Donations and gifts
Grants
53.129
53,129
779,471
117.812
339.333
779.471
53.129
779.471
832,600
117,812
339.333
457,145
Income from Investments
Unrestricted Unrestricted
funds
funds
2024
2023
1,740
1,013
Interest receivable
Expenditure on ralslng funds
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Fundralslng and publicity
Other fundraising costs
Stsff costs
Depreciation and
impairment
191
34,570
21.823
7.169
41,739
21,823
16,526
21,948
16,717
21,948
184
56,577
7.169
63,746
38,474
191
38,665
18-

IPARTNER INDIA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charitable actlvltles
Allovlatlon Prèvèntion
of hardshlp
of human
and poverty trafflcklng
2024
2024
Tolal
2024
Total
2023
Depreciation and impaiment
160
50
210
Grant funding of activities (see note 8)
304.952
94,548
399.500
325.782
Share of support costs (see note 9)
Share of govemance costs (see note 9)
55.448
15.996
17.194
4.961
72.642
20.957
44,190
14.921
376,556
116.753
493.309
384.893
Analysis by fund
Unrestricted funds
Restricted funds
62.800
313.756
22,205
94.548
85,005
408,304
58.845
326.048
376.556
116.753
493.309
384,893
For the year ended 31 March 2023
Unrestricted funds
Restncted funds
48.051
266.572
10.794
59,476
58,845
326.048
314.623
70.270
384.893
Description of charitsble activities
The charitable activities conlinued to be that of Alleviation of hardship and poverty and preventK)n of human
trafficking.
19-

IPARTNER INDIA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Grants payable
Allevlatlon Preventlon
of hardshlp
of human
and poverty trafficklng
2024
2024
Tothl Allevlalion ol Pfevenlion ol
human
2024 hardship and
Poverty
Irafficking
2023
2023
To131
2023
Grants to institutions..
Awards, Fellowships &
Scholarships
Azad Foundation
Institvte for Studies &
Trans
iPartner India Trust
LAYA
Jamghal
Prerana and RAHAT
PPES
SPID
Udayan Care
6.153
39,898
6.153
39.898
980
48.347
3,390
4,370
48,347
4.798
34.402
1,098
69,448
4.798
86.005
1.098
69,448
29,601
104.032
13.344
45,123
51,603
86,839
45,900
75,618
10.186
54,522
86,839
29.601
45.9(Y)
104.032
75.618
13,344
10.186
45.123
54,522
266,306
59,476
325.782
304.952
94,548
399.500
Awards. Fellowships & Scholarships
£6,153 12023: £4,370) Awards. Fellowships and Scholarships lo the
winner of the first edition of KB Awards and Scholarship lo resource poor individuals.
£39.898 {2023'. £48.347) Providing livelihoods with dignity for women from resource-poor
Azad Foundation
communities.
Institute for Studies & Trans . £4,798 {2023.. £nil) For the welfare and support of women in performing arts in
India.
iPartner India Trust.. £86.005 {2023'.£nil) Providing scholarships and working towards anti trafficking of young
and minor girfs and boys.
LAYA.. £1.098 (2023.. £nil) For preparing of strategy paper on environment and energy.
Jamghal .' £69,448 (2023.. £86.839) Education, counselling, livelihoods and provision of safe space to children
living on streets.
Prerana .' £20,169 (2023-. £35,798) Education support Programme for children of sex workers from Mumbai
red light areas.
RAHAT: £9.432 (2023.. £10.102} Community based projed lo protect women and thildren from abuse and
sexual exploilalion.
PPES . £104.032 (2023". £75,618) Support education for girls Irom resource poor background..
SPID '. £13.344 (2023." £10.186) Education, nulrilion and safe space for children of sex workers in Delhi's red
light area.
Udayan Care .' £45.123 (2023.. £54.522) Fellowship and mentoring support lo girts from poor bad(ground.

IPARTNER INDIA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support Costs allocated to activllle8
2024
2023
Staff costs
Rent and general office
Book-keeping & administration
Other cost
Travellin9 expenses
Governance ¢osls
24,940
1.182
29.827
1,090
15,603
20,957
25,083
830
10,205
1,279
6,793
14,921
93.599
59,111
Analysed between:
Alleviation of hardship and poverty
Prevention of human trafficking
71.444
22,155
48,317
10,794
93.599
59.111
2024
2023
Governance costs comprlse:
Staff costs
Depreciation
Audit fees
Share of support costs
5,196
43
5,778
9,940
5.225
5.715
3,981
20.957
14,921
10 Net movement in fund$
2024
2023
The nel movement in funds Is staled after chargingl(crediling)'.
Fees payable for the audit of the charitls financial slatemenls
DepreGialion of owned tangible r￿e0 assets
5.778
437
5,715
11 Trustees
None of the tfuslees (or any persons connected with them) receNed any remuneration or benefits from the
charity during Ihe year.
None of the trustees had any expenses reimbursed or paid for by the charity during the year (2023: £nil).
21

IPARTNER INDIA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
12 Employefrs
The average monthly number Of ern￿OYeeS dudng the year was..
2024
Numb•r
2023
Numb•r
Employment ¢o$ts
2024
2023
Wages and salaries
Social security costs
Other pension costs
711
1,248
943
1.313
51,959
52.256
There were no employees whose annual remuneration was more than £60.000.
Rernuneratlon of key management personnel
The remuneration of key management personnel was as follows".
2024
2023
Aggregate compensation
50,000
There were no other Telaled party transactions.
13 Debtors
2024
2023
Amounts falllng due wlthin one year:
Other debtors
2.158
2.160
14 Creditors: amounts falllng due wlthln one year
2024
2023
Other taxation and social securlty
Trade credrtors
Other creditors
Accruals and deferred income
1.439
2,198
8.439
4,815
1,501
1,082
4.268
4.815
16,891
11,666

IRARTNER INDIA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Retirement benefit schemes
Defined contribution schemes
2023
Charge to profit or loss in respect of defined conlrlbullon schemes
2024
1.248
1,313
The charity operates a defined contribution pension scheme for all qualifying employeos. The assets of the
scheme are held separately from those of the charity in an independently administered fund.
16 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject to speafic conditions by donors as to how they may be used.
Movement in funds
Incoming
Rèsourc
rèsources
expended 31 March 2024
Balancè at
1 April 2023
Every8MinutelGlobal Giving
Beatrice Gilmore Trust
Anders
Lily FGC
RZK Foundation
Covid-19 Relief Fund
Pakhar Foundation
Goldman Sachs (Punit Malhi)
Goldman Sachs (Rajesh Venkatramani)
other
56.949
22.182
11.602
(3.610}
5.9C6
22.792
(4.869)
(11.459>
(35,805)
(26,913)
(28.688)
74.262
143
39,415
48,663
6.172
64.088
11.183
27.656
276
64,088
157,495
223.289
42,325
39.051
427.537
231,810
49,959
11.293
{281,225)
(8.521)
(12.634)
(5,359)
5,000
33,117
264.587
779.471
(415.473)
628.585
-23-

RTNER INDIA
OTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 Restricted funds
Purpose of restricted funds..
Every8Minute ".
These funds are Used for the charity's campaign that woiks for the prevention of thild trafficking.
Beatrice Gilmore Trust
These funds are for the support of kitchen gardens under Rakshan program.
Anders
These funds are for the support of livelihoods programs.
Lily FGC
The Lily Foundation Goveming Commrttee catTtes fundraising for the Charity fof ant￿traff￿1ng projeds
and the alleviation of poverty.
RZK Foundation
These funds were raised for the support of livefihoods and education.
Covid-19 Relief Fund
These funds were raised for the Covid-19 Relief work in India.
Pakhar Foundation
These fijnds provide support for a number of projects in India involved w¢th chitdren's education the
prevention of human trafficking.
{Contlnuedl
Goldman Sachs
These funds are lor charitable activities and programs in India.
Other
These funds represent other lunds donated lo support worthy projects in India.
17 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and granlors as lo how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the Iruslees for specific purposes.
At 1 April
2023
Incoming
resources
Resources At 31 March
expended
2024
General funds
399.721
54,869
(141,582)
313,008
Previous year.
At 1 April
2022
Incoming Resources At 31 March
resources
expended
2023
General funds
378.215
118,825
(97,319)
399,721
-24-

TNER INDIA
/ NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18 Analysis of net assets between funds
Unrestrlctsd
funds
2024
Restrfcted
funds
2024
Tolal
2024
At 31 March 2024:
Tangible assets
Current assetsl(liabilities)
1,312
311.696
1,312
940,281
628,585
313.008
628,585
941.593
Restricted
funds
2023
Totsl
Unre$tricted
funds
2023
2023
At 31 March 2023:
Currenl assetsl(liabilities)
399.721
264.587
664.308
399,721
264.587
664.308
19 Financial commttments, guarantees and contingent liabilities
There were no financial commitmenls, guarantees or contingent liabilities at the year end.
20 Capital commitrnents
There were no capital commitments either authorised by the board or contracted for at the balance sheet
date.
21
Related party transactions
There were no disctosable related party transactions during the year (2023- none).

ARTNER INDIA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
22 Cash generated from operations
2024
2023
Surplus for the year
277,285
34.600
Adjustmen15 for=
Investmenl income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
{1,740)
437
(1,013)
Movements in working capital..
Decreasel(increase) in debtors
Increase in creditors
(2)
2.548
5.225
Cash generated from operations
281,209
36,133
23 Analysis of changes in net funds
The charity had no material debt during the year.
-26-