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2023-03-31-accounts

CHANCE FOR NEPAL

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

Registered Charity No. 1118708

CHANCE FOR NEPAL

CONTENTS

Page
Charity Information 1
Report of the Trustees 2
Independent Examiner’s Report 11
Receipts and Payments Account 12
Statement of Assets and Liabilities 14
Notes to the Accounts 15

CHANCE FOR NEPAL

REFERENCE AND ADMINISTRATIVE DETAILS

Patron Joanna Lumley
Trustees Barbara Datson – Founder and Chairman
Edmund O’Reilly Hyland
Roger Nash
David Smail
Charity Registration Number 1118708
Principal Office Greensands
Moon Hall Road
Ewhurst, Surrey
GU6 7NP
Banker HSBC
12A North Street
Guildford
GU1 4AF
Independent Examiner M A Wilkes FCA
Azets Audit Services
River House
1 Maidstone Road
Sidcup
Kent
DA14 5RH

1

CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

The Trustees present their report and accounts for the year ended 31 March 2023.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s Trust Deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on January 2019.

Objectives

The object of the charity is for the relief of sickness and distress, the preservation of health, the relief of poverty and the advancement of education of children and young persons in Nepal.

Review of the year

ACHIEVEMENTS

CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

HEALTH

Burns Violence Survivors (BVS)

We are humbled that we can make a massive difference by supporting children who come on to the burns unit at the Kanti Children’s Hospital. This is the only hospital in Nepal specifically for children. We do this through BVS, our partner on the ground for over 15 years, who do such sterling work. To put into context, our support during the year to BVS was to provide 350 nutritional food baskets –65 goody bags (contains a soft cuddly toy, toothbrush, small game and stickers) – 934 physiotherapy sessions and 655 counselling sessions. In addition, an emergency fund of £2,000 was given to help families unable to afford medicines for their child’s condition, or to help them return home to their village, in some cases this means more than a day of travel, food for their journey, clothes etc. BVS received over £8,000 from CHANCE during the year. I can only stress that without the marvellous support we wouldn’t be able to fund this project. THANK YOU. I cannot describe my heartache each time I visit the unit.

The case studies below are an example of children who found themselves on the burns unit with horrendous injuries. Many burns are easily presentable, but it is important to appreciate many of these tragic accidents, which happen with alarming frequency, occur through of lack of education, understanding and carelessness. Many families live in remote villages and in cramped conditions, often just one room with poor ventilation, with an open fire to cook on and keep warm by. No modern kitchen work tops here, or space for them, often no electricity, nowhere to put hot things out of reach of tiny enquiring hands, children running around, rough and tumble, mother takes her eye off the boil, or goes to the toilet (probably outside), or to fetch water - that’s all it takes, a split second and a life changed forever. All names have been changed for protection and permission given by the parents.

Baby Simran

Simran is a 16-day old baby girl who lives with her parents in a rented room in Kathmandu. This is their first baby. After her mother had given her a massage with warm oil, a regular custom for babies and small children in Nepal, her mother wrapped hot ashes from the fire in between the blankets to keep her baby warm. Tragically Simran’s body overheated and she was burned. As soon as her mother heard her baby cry she rushed her to the renowned burns unit at the Kanti. Simran made a good recovery and returned home. The weekly food baskets in this case were eagerly accepted by the family.

Baby Simran

Baby Amit

Amit is 7 months old and lives in Bagmati, 138 kms from Kathmandu. His father is a farmer and his mother a housewife. Their economic background is very poor. They live in a remote rural area. Amit’s mother left him near the open cooking fire. She had gone to the field near their home to do agriculture work with her husband. His mother was unaware she had forgotten to completely extinguish the fire after cooking food and had left Amit alone asleep. He woke up and somehow managed to roll into the embers and was badly burned. A few hours later when his parents returned home they immediately rushed to the District Hospital in Sindhuli where he received first-aid treatment. They referred him to Kanti Children Hospital for further treatment. He suffered 15%, 2nd degree burns to both legs and groin. Tragically, because of the severity of the burns, he needed to have some of his toes amputated. Their journey to Kathmandu was horrific, as they first had to travel 134 kms by public bus to the first treatment centre, then 140kms by ambulance to the Kanti.

3

CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

Bisesh is 3 years old and from Chitwan. Her father is a driver and mother a housewife. Bisesh was helping his mother as she prepared the buffalo fodder. She had placed the fodder on the ground to cool and then busied herself clearing hay. Bisesh was playing near the hot vessel when accidentally he slipped and fell into the fodder. Hearing him cry, his mother immediately rushed to help him and poured cold water over the burn and applied aloe-vera. She contacted other family members, one of whom was a pharmacist. He arrived with ointment for the burn and pain killers. Bisesh was referred to Bharatpur Hospital for further treatment. There, he was put on a saline drip. Due to the lack of burn facilities, he was again referred to the burns unit at the Kanti Children’s Hospital. He suffered 10%, 3rd degree burns to his neck, hands, chest, tummy and groin area. He was in hospital for several weeks and now back home.

Sunita is aged 7 and comes from the Dang region. Her father lives and works abroad. Her mother was planting rice in the paddy fields near their home. Sunita and her brother were playing at home being looked after by their grandmother. Sunita decided to go to see her friend next door. Their neighbour had boiled water to wash meat before cooking and as he carried the hot water outside, he collided with Sunita who got badly burned. Her grandmother ran to help and applied eggs and aloe-vera. A message was sent to her mother who came rushing back and she took Sunita to Tulsipur City hospital for some first aid treatment, on the same day they referred them to Bheri Hospital where she received some dressings and medicines and stayed one night. Due to the severity of the wounds, Sunita was transferred by plane to the Kanti Children’s Hospital for further treatment the following day. She suffered 10%, 2nd degree burns to her shoulder, stomach and back. After several weeks she was allowed home.

All these stories make harrowing reading. Better education is needed for new mothers, as grandparents are not always on hand to help, husbands working abroad and sending money home - though all too often time elapses, the money stops, and the father never returns...... so much pressure!

Mountain Heart Nepal (MHN)

----- Start of picture text -----
Book distribution on medical mission
----- End of picture text -----

In November, soon after the earthquake near Doti which took 14 lives and destroyed many homes a medical mission was deployed by MHN to Bajhang, in the far West Nepal which lies 885kms from Kathmandu. Over 400 children received one of the educational health related books during a medical camp which was set up at the Bhageshwor Secondary School. The books, designed and written by Dr Aban Gautam, founder of MHN, are in both Nepali and English and encourage vulnerable children to learn about good hygiene practices and nutrition. Many thanks to Jane Lewis and Ivy Tan who funded the printing of these books through our ‘Magic Read’ programme.

4

CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

Siddhasthali Rural Community Hospital

The construction of the Siddhasthali Rural Community Hospital is continuing well and nearing completion. The official date for the opening was Saturday 7th October 2023.

Siddhasthali Rural Community Hospital

I thank so many of CHANCE supporters who have followed with interest as the Siddhasthali Rural Community hospital evolves. All 15 beds with bedding have been individually sponsored through supporters of CHANCE along with an incubator, ECG machine and two wheelchairs, not forgetting the garden design by the renowned Andy Sturgeon which will be the last part of the design to be completed. However, some trees have already been planted. For more information about the hospital. visit https://www.siddhasthalihospital.org

The construction of a separate building housing the pharmacy, medical store and a café/shop for the visitors, was funded by Edmund O’Reilly Hyland, a trustee of CHANCE. This will be a truly wonderful hospital, serving the local communities and beyond.

Regular followers of CHANCE will be aware that we have been collecting funds in general terms for the long-term project for the Siddhasthali Rural Community Hospital. The long-term nature of this project has meant that we have been raising and then holding funds for some time. I am really pleased to be able to report that significant sums have now been sent over to the hospital. During the year to 31 March 2023, £55,100 was sent as a contribution towards the construction and equipping (beds and monitors) costs, and, thanks to donations and funds raised by our recent auction in the year ended 31 March 2023, we have, in addition, been able to meet our target of providing £30,000 for a new x-ray machine to be installed.

GMIN - Health Posts – Dhubichour and Purandhara

These posts have been supported by CHANCE for some years. During the current year we funded the salary of a nurse for 6 months up to March 2023 at Dhubichour, Dang - in far West Nepal. This Health Post is of vital importance in this remote area offering health advise and treatment for hundreds of families. In addition, the cost of medicines for both health posts were financed by CHANCE until September 2022.

EDUCATION

Yangchenma Academy (previously known as Nima Academy)

From January 1st 2023 Nima Academy will be recognized as Yangchenma Academy. (The Tibetan goddess of knowledge is referred to by her Tibetan name, Yangchenma). Bimala Ghising, the co- founder says ‘We pray that this shift in name brings prosperity and auspiciousness.’

5

CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

Bimala has achieved the unachievable through perseverance, belief in the good of mankind, and the power of love and pure motivation! She and her team work tirelessly to provide an excellent education for 78 students, increasing annually to reach a capacity of 130 students. The school is set in the remote area of Doramba, Ramechhap, standing at 3100m above sea level and is run in the Buddhist tradition. Each day starts with exercise and singing followed by meditation. (Maybe we should take note!) The teacher pupil ratio is high with 34 boys and 44 girls, with 16 students in the school hostel set 100 metres up the hill from the school. Run on Montessori lines, the teaching aids are used extensively, encouraging children to work things out for themselves with guidance from the teachers. There are 6 classrooms and a library. The school now needs to extend its nursery and kindergarten space to give the opportunity for these tiny tots to be able to move around, dance, express themselves and take a nap in the afternoons. The additional room will cost around £10,000, (the high cost is because all building materials need to be brought from Kathmandu and carried up the hilly terrain, so very labour intensive). This extra space will make a great addition. My thanks to The Brampton Charitable Trust, who through CHANCE, has been supporting this school for the last 3 years.

Donations are most welcome to achieve the new nursery/kindergarten and equip the library with book shelves and more books.

Yangchenma Academy

GMIN - New School – Shree Jankalyan Primary School

Our deepest gratitude goes to David Pinnington who tragically passed away in December 2021 aged 53. In July this year, I received a cheque for £10,000, which was sent by his sisters, following David’s wish to bequeath this donation to CHANCE. I contacted his sisters and suggested, with this most generous donation, a new school building in David’s name could be built and his memory live on in a country he loved. They were delighted with the idea. I’m sure he would be thrilled to know what a difference he will have made to the education of many children who will pass through this school.

This will be our 7[th] school building with the fantastic organisation ( Grassroot Movement in Nepal ) The school is situated in Bangalachuli, near Hansipur, in the Dang region, which lies 410kms west of Kathmandu. In the earthquake of 2015, the class rooms for the junior school were severely damaged and in November sustained further damage in the 5.7 magnitude earthquake and were deemed unfit for purpose. The new build will have good foundations with concrete tie beams, accommodating 100 students.

Jankalyan Primary School completed in March 2023

David’s sisters also wanted to help and in March 2023 donated a further £1,000 for a large area of concrete in front of the school building which helps keep out dust which blows into the classrooms during storms as the school is on top of a hill. The concrete has also created an area for them to play on, especially during the monsoon. The funds were also used for books and shelving and racks for shoes. Plants and hedges will also be planted to act as a wind barrier.

6

CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

Shree Chitasari Secondary School, Chitwan

Our 8[th] year of supporting a daily ‘Tiffin’ meal programme for 55 children at this government school of 400 students. The menu changes daily and offers a balanced and varied nutritious meal which may include pasta, fruits, grains, eggs, rice, vegetables, milk and lentils. The result is clear to see with increased energy levels and better levels of concentration during the afternoon. This in turn boosts the morale of the teachers, with interested and engaged children and parents happy to know their children have eaten something nutritious. We also funded the material and making up of a school uniform for 350 students. Our other Tiffin programme through Shenpen, our long-term partner on the ground, is at MAV is in Kathmandu which we have supported for the past four years.

Tiffin Programme at Shree Chitasari Secondary School, Chitwan

Mitra Aadharbhut Vidhayala (MAV)

Numbers at the school rose when the Tiffin was introduced and parents in this poor neighbourhood are most appreciative knowing their child has this meal, maybe their first of the day! We also provided a t-shirt and track suit as part of their uniform.

Women’s Co-operative Society (WCS) – SHENEPN Vegetable Skills Training

In May we funded a 4-day elementary skills training on seasonal and off-season vegetable farming at Shankharapur, Nangle - 35 women participated in this training. Each training costs £700. Once they have achieved the elementary training and put into practice their new-found skills, the majority apply the following year for the advanced training with emphasis on the business side, accounting, rotating crops to achieve the best yield and selling at market. The aim is to enhance self-employment, empowerment and economic productivity. Many of the women earn enough through selling their vegetables at market to educate their children.

Volunteer Foundation of Nepal ( colloquially known as Papa’s Home) - We continue our support of Papa’s Home, now in its 10[th] year. We fund the food programme, along with gas and water which comes to £6,000pa. There are 19 children in total. The two eldest, JP who is reading engineering and Maan, reading business, are in their second year of university and are now running the home. They were the first two boys at Papa’s Home when they arrived aged 9. Two others are at college. Six are sponsored through CHANCE with English sponsors.

Sneha’s Care Animal Shelter – Anti Rabies Vaccinations

Our support for the fifth year running to Sneha’s Care vaccination programme where we funded 1200 anti-rabies vaccinations in March 2023. Vaccinating dogs is the most cost-effective strategy for preventing rabies in people. Each year in Nepal, approximately 16,000 people are treated for dog bites and up to 200 die an excruciatingly painful death from rabies, most of them children.

Anti-rabies vaccination programme

7

CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

My Special thanks to special people

Firstly, I would like to say a massive THANK YOU to everyone who has supported CHANCE for Nepal during 2022. You are wonderfully generous and make my heart sing. Be assured that you have changed so many lives for the better, in both health and education.

To our wonderful Patron Dame Joanna Lumley - and trustees Edmund O’Reilly Hyland, David Smail and Roger Nash, along with Chris Blizard our treasurer, all of whom guarantee the smooth running of CHANCE.

To Adrienne Golightly who runs our CHANCE 100 Club which raised £4,300 this year! We currently have 100 members. To put in context, over the past 10 years, the funds raised from the CHANCE 100 Club could have built the equivalent of 10 schools!

Michelle Wilkes , a partner in AZETS , who has carried out an independent examination of our accounts for free for the past 14 years . Aerobytes our corporate sponsor for the last 7 years.

Thanks to Jane and Brian , landlords of The Keep in Guildford who have run our quiz nights for the past 10 years. Their generosity and support is amazing. They donate a light supper for all the teams. Funds raised from these quiz nights fund the education of Addesh, a student they have sponsored for the past 10 years and who is now at college and doing remarkably well, coming top of his year.

Thank you, Anna Thapa who ran the London Marathon for CHANCE in October and raised a staggering, £1,160, 50% of which went to BVS and 50% to Triple Gem School, for musical instruments for their music department. Andrea Matthews who for the filth year running ran a ‘table op’ sale raising £235 for us.

Thanks to all our educational sponsors for giving the gift of an education, what better gift can you give a child which moulds their future, enabling them to get a good job and securing a brighter future. We have 4 students at University, 6 at college, and 10 at school.

Special thanks to our partners on the ground in Nepal with whom I’m in monthly contact: Grassroot Movement in Nepal (GMIN) – Siddhasthali Rural Community Hospital - Mountain Heart Nepal (MHN) - Sapana Village Social Impact (SVSI in Chitwan) Burns Violence Survivors (BVS) - Shenpen (Rangjung Yeshe Shenpen)

Financial review

During the year the charity received income totalling £102,155 (2022: £57,744). The level of donations fluctuates due to the size of individual donations and the number of events held during the year. The charity incurred expenses totalling £5,049 (2022: £4,001) and donated £106,942 (2022: £47,508) to various projects in Nepal resulting in a net deficit for the year of £9,836 (2022: surplus: £6,235).

The charity had assets totalling £42,695 (2022: £52,531) at 31 March 2023 including restricted funds of £1,410 (2022: £1,081).

Reserve Policy

At 31 March 2023 the charity had total unrestricted funds of £41,285 (2022: £51,450). The charity relies on donations, fundraising events and sponsorship to meet the costs of its charitable work in Nepal and its very small administrative costs.

Occasionally donations are received from a person who wishes the entire amount to be spent on a particular projected – such amounts are credited to Restricted funds which at 31 March 2023 totalled £1,410 (2022: £1,081).

8

CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

Going Concern

CHANCE for Nepal has a considerable number of individual and corporate supporters, some contributing to specific projects/objectives and others more generally. New supporters are introducing themselves to CHANCE each year, thereby maintaining a reliable source of donated funds. The overarching philosophy of the charity, however, is only to spend money that has already been raised – it does not take on unfunded commitments. The charity seeks to maintain, in cash that is retained in the UK, around one year’s worth of expenditure so that the projects that are being supported in Nepal can be confident that support will continue for at least the next year. Overheads and running costs are extremely small.

The combination of the charity’s philosophy and the lack of substantial overheads mean that the forecast for the next 12 months is that it will maintain a good financial position.

Structure, Governance and Management

Constitution

The Charity is an unincorporated entity, governed by a Trust Deed dated 13 March 2007. It was registered as a charity on 5 April 2007, registered charity number 1118708.

Trustees

The Declaration of Trust provides for a Board of Trustees which consists of all the Trustees. The following Trustees have served during the period to date:

Mrs Barbara Datson

Mr Edmund O’Reilly Hyland Mr Roger Nash Mr David Smail

No trustee had any contract or arrangement of a material nature with the charity during the year under review.

Recruitment and Appointment of Trustees

The Declaration of Trust provides for a Board of Trustees which shall be at least three trustees. Every future Trustee shall be appointed for a term of three years by a resolution of the Trustees passed at a meeting arranged or called under clause 9. If a trustee is to replace a Trustee who is leaving office he or she may be appointed not more than three months before the other Trustee leaves office but shall not take office until the other Trustee has left.

In selecting persons to be appointed as Trustees, the Trustees shall take into account the benefits of appointing a person who through residence, occupation, employment or otherwise has special knowledge of the area of benefit or who is otherwise able, by virtue of his or her personal qualifications, to make a contribution to the pursuit of the Objects or the management of the charity.

9

CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

Statement of Trustees’ Responsibilities

The Trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper 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 with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the Trust Deed. 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.

This report was approved by the Trustees and signed on their behalf on 23 November 2023

Mrs Barbara Datson Founder and Trustee

10

CHANCE FOR NEPAL

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF CHANCE FOR NEPAL

I report to the trustees on my examination of the accounts of the CHANCE for Nepal for the year ended 31 March 2023, set out on pages 12 to 16.

Respective responsibilities of trustees and examiner

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’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(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

M A Wilkes FCA

Azets Audit Services River House 1 Maidstone Road Sidcup Kent DA14 5RH

23 November 2023

11

CHANCE FOR NEPAL

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

Unrestricted
funds
£
RECEIPTS
Fundraising events
5,565
Donations
Legacy income
35,780
10,000
__
Total receipts
51,345
_
PAYMENTS
Donations to projects in Nepal
56,461
Fundraising and other costs
4,240
Bank charges and interest
809
_
Total payments
61,510
__
Net (deficit)/surplus for the
year
(10,165)
Cash balances brought
51,450
forward at 1 April 2022
_
Cash balances carried
41,285
forward 31 March 2023
_		 Restricted
funds
£
-
50,810
-
__
50,810
_
50,481
-
-
_
50,481
__
329
1,081
_
1,410
_		 Total funds
2023
2022
£
£
5,565
5,940
86,590
10,000
51,804
-
__
_
102,155
57,744
_
__
106,942
47,508
4,240
3,441
809
560
_
_
111,991
51,509
__
_
(9,836)
6,235
52,531
46,296
_
__
42,695
52,531
_
_

12

CHANCE FOR NEPAL

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

Comparative SOFA

RECEIPTS
Fundraising events
Donations
Total receipts
PAYMENTS
Donations to projects in Nepal
Fundraising and other costs
Bank charges and interest
Total payments
Net surplus/(deficit) for the year
Cash balances brought
forward at 1 April 2021
Cash balances carried
forward 31 March 2022		 Unrestricted
funds
£
5,940
30,822
__
36,762
_
25,380
3,441
560
_
29,381
__
7,381
44,069
_
51,450
_		 Restricted
funds
£
-
20,982
__
20,982
_
22,128
-
-
_
22,128
__
(1,146)
2,227
_
1,081
_		 Total funds
2022
£
5,940
51,804
__
57,744
_
47,508
3,441
560
_
51,509
__
6,235
46,296
_
52,531
_

13

CHANCE FOR NEPAL

STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2023

Current account
Community account

Net assets

Funds
Unrestricted funds
Restricted funds
 2023
£
40,579
2,116
_

42,695
_

41,285
1,410
____

42,695
 2022
£
48,937
3,594
_
52,531
_
51,450
1,081
____
52,531

The financial statements were approved and signed on 23 November 2023 on behalf of the Board by:

Mrs Barbara Datson Mr Edmund O’Reilly Hyland Trustee Trustee

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CHANCE FOR NEPAL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

1. RELATED PARTY TRANSACTIONS

There were no related party transactions during the year ended 31 March 2023 (2022: £nil).

2. DETAILED INCOME AND EXPENDITURE ACCOUNT

2023
RECEIPTS
£
Donations
35,780
Restricted donation (see note 3)
50,810
Legacy income
10,000
100 Club income
5,565
___
102,115
PAYMENTS
Bank charges and interest
809
100 Club prizes
1,980
IT and other costs
2,260
___
5,049
___
Net receipts before transfers to projects
97,106
___
CHANCE PROJECTS:
Triple Gem Project
3,170
Volunteer Foundation of Nepal
(colloquially known as Papa’s Home)
8,251
BVS
9,008
College Student sponsorship
3,239
Shree Secondary School
2,620
GMIN
15,305
Shangri-La School
3,210
Yangchenma
Academy
(formerly
NIMA Academy)
2,354
Mountain Heart Nepal
-
Lords of Light Academy Education
735
Siddhasthali
Hospital
construction
and equipping
55,100
Siddhasthali Hospital Magic Read
Initiative
2,000
Sapana School
-
Sapana Village Impact
950
SOS Food Relief
-
Sneha’s Care
1,000
Other project costs
-
CHANCE SHENPEN PROJECTS:
Educational Sponsorships/Tiffin
-
___
TOTAL DONATIONS TO PROJECTS
106,942
___
NET (DEFICIT)/SURPLUS FOR YEAR
(9,836)
 2022
£
30,822
20,982
-
5,940
___
57,744
560
1,640
1,801
___
4,001
___
53,743
___
2,833
6,611
6,990
3,669
1,793
4,450
1,881
4,033
2,500
312
-
-
990
-
7,500
-
726
3,220
___
47,508
___
6,235

15

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

CHANCE FOR NEPAL

3.
RESTRICTED FUND
Brought Carried
Current year forward Income Expenditure Forward
£ £ £ £
SOS Food Relief 18 - - 18
Volunteer Foundation of Nepal colloquially - 3,177 3,177 -
known as Papa’s Home)
Education Sponsorship Lord of Lights Academy 126 775 735 166
College Sponsorship - 3,528 3,239 289
Sapana School 300 - - 300
Sapana Village Impact - 500 500 -
Education Sponsorship Triple Gem - 980 980 -
Shangri-La-School 637 2,000 2,000 637
Yangchenma Academy (formerly NIMA - 1,750 1,750 -
Academy)
Siddhasthali Hospital construction and equipping - 37,100 37,100 -
Siddhasthali Hospital other - 1,000 1,000 -
____ ____ ____ ____
1,081 50,810 50,481 1,410
____ ____ ____ ____

There were restricted donations of £50,810 received towards various projects in the year including the construction of a new hospital wing, sponsorship of students and skills training.

Prior year Brought Carried
forward Income Expenditure Forward
£ £ £ £
SOS Food Relief - 7,518 7,500 18
Volunteer Foundation of Nepal (colloquially - 2,325 2,325 -
known as Papa’s Home)
Education Sponsorship Lord of Lights Academy 170 268 312 126
College Sponsorship - 2,745 2,745 -
Sapana School - 1,290 990 300
Education Sponsorship Triple Gem - 1,275 1,275 --
Shangri-La-School 557 1,961 1,881 637
Yangchenma Academy (formerly NIMA 1,500 2,100 3,600 -
Academy)
Mountain Heart - 1,500 1,500 -
____ ____ ____ ____
2,227 20,982 22,128 1,081
____ ____ ____ ____

There were restricted donations of £20,982 received towards various projects in the year including the building of a school and equipment for Siddhasthali Rural Community Hospital, sponsorship of students and skills training.

16