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← Chance For Nepal

2024-03-31-accounts

CHANCE FOR NEPAL

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

Registered Charity No. 1118708

CHANCE FOR NEPAL

CONTENTS

Page
Charity Information 1
Report of the Trustees 2
Independent Examiner’s Report 15
Receipts and Payments Account 16
Statement of Assets and Liabilities 18
Notes to the Accounts 19

CHANCE FOR NEPAL

REFERENCE AND ADMINISTRATIVE DETAILS

Patron Joanna Lumley
Trustees Barbara Datson – Founder and Chairman
Roger Nash
David Smail
Treasurer Chris Blizard
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 2024.

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

After a four-year absence mainly due to the pandemic and last year a severe outbreak of Dengue fever in Nepal - this year I was finally able to visit our projects during September and October. A highlight was to be at the inauguration of the Siddhasthali Rural Community Hospital in Hetauda and to share the experience with Roger Nash, a trustee of CHANCE, who came for a week with his wife, Pamela, for the opening, as well as visiting some other Chance projects.

You will have read in the national press an earthquake, magnitude 5.7, struck Jajarkot District at 11.25pm on the 3rd November killing 154 and injuring 375. Heartbreakingly over 50% were children. Because of the hour almost everyone would have been asleep. The high level of deaths was attributed to substandard construction of most of the houses which were mainly built from logs and rocks. Over 26,500 houses were destroyed or damaged. One of our partners deployed a medical mission.

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CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

ACHIEVEMENTS DURING THE YEAR FUNDING FOR

HEALTH PROJECTS

Dr Aban first approached CHANCE in 2017 requesting funding for medicines for one of Mountain Heart Nepal’s medical missions as a first responder in a disaster zone e.g. earthquake, landslides. Subsequently, this led to our meeting in 2019 when he furthered his academic study at Plymouth University where I proudly attended his graduation in medical research.

Words from Aban

“Four years ago, under the soft glow of a Plymouth cafe’s lights, I shared a dream with Barbara, founder of CHANCE for Nepal. It was more than just a conversation; it was the planting of a hope – a vision for a non-profit hospital in the heart of Nepal. My heart was full of ambition, yet my mind clouded with uncertainty. How would this happen? But there, in Barbara's eyes, I saw a reflection of my own passion, and her presence brought light into the shadows of doubt, a sense of hope that perhaps, this dream could turn into reality.

Now, seated next to Barbara and Roger Nash, a trustee of CHANCE for Nepal, on this significant day of October 7th, 2023, my heart overflows with gratitude. Amidst the glow of computer screens and under the open skies of our project site, we have poured our hearts into endless hours of work with unwavering dedication. We've journeyed through financial constraints and navigated the uncertainties that clouded our path. Yet, here we are, standing together, illuminating a path of hope for a community that has long remained in darkness of inadequate healthcare.

As the curtains rise on this new chapter, I would like to thank Barbara and her charity for making this dream come alive. This is a shining example of the extraordinary things that can be accomplished when hearts unite for a cause far greater than any individual. Barbara's resilience and kindness have been the soul of this project, laying the foundation for a legacy that will positively impact countless lives for generations to come.” Dr Aban Gautam

The inauguration of the Siddhasthali Rural Community Hospital in Hetauda was held on the 7[th ] October. The red carpet was rolled out, the building festooned with balloons and banners for the Minister of Health, the Hon. Uttam Joshi with his entourage, politicians and other local dignitaries arriving for the auspicious opening. A TV crew and journalists were in abundance, along with approximately 700 guests seated in a colourful marquee.

I feel immensely proud to have been part of Aban’s journey, from the blessing of the land to the inauguration day. Please explore more about his inspiring work at their website: https://www.siddhasthalihospital.org/

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CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

Dr Aban and myself

Pharmacy Building

Before the festivities began, Anil, the proud architect, gave me a conducted tour inside the hospital. He and Dr Aban had really thought of everything! ...the site is carbon neutral, with solar panels which will provide all the electricity and huge double-glazed windows that bathed the interior in natural light to provide beautiful views over unspoiled countryside. The 60’ borehole will provide water and a purpose-built oxygen producing plant is on site (a very rare facility). The first phase of 15 hospital beds, monitors and emergency trolleys were on the wards, all donated by CHANCE along with a state-of-the-art Digital Medical X-ray Radiographic System - the envy of other hospitals in the province - with the funds raised from our on-line auction held at the end of April. Housed in a separate building is the pharmacy, medical store and a small café, the construction of which was generously donated by Edmund O’Reilly Hyland, our longest serving trustee.

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CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

Hospital Ward

X-Ray machine

Once everybody was seated in the marquee the proceedings commenced and we were entertained by a wonderful group of girls from the local government school, who performed traditional dances, dressed in their vibrant national costumes.

Speeches were given by the Minister of Health and other dignitaries. I was honoured to be invited to the stage to say a few words on behalf of CHANCE, an opportunity to share with everyone how immensely proud I was to witness the inauguration of this amazing hospital that will be a beacon of excellence serving the local community and beyond and offering free treatment to those unable to pay. This is an incredible achievement, down to the vision, dedication, and total commitment of a young doctor – Dr Aban Gautam!

Since my return home at the end of October, there have been several noteworthy achievements. The hospital now has a fully equipped dental suite, a reliable backup generator, and solar panels installed on the pharmacy and hospital roofs. The X-ray machine has been fully installed and is operational.

This is a significant milestone and begins a new chapter. In March, Aban successfully secured funding from Direct Relief (US) to cover the staffing costs for the first year of operation and will be one of the resident doctors during the first year of operation which will be opening its doors to patients in June 2024

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CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

BURN VIOLENCE SURVIVORS (BVS)

BVS - our longest-term partner on the ground with over 17 years support.

My visit to the burns unit at the Kanti Children’s Hospital tugs my heart inside out, seeing many babies and children with horrific burns, many easily preventable yet, there is always a positive vibe on the ward with dedicated nurses and doctors. There were 7 children on the ward when Roger and Pamela accompanied me on our visit with the BVS team. We listened intently as they shared each child’s case history, and interacted with parents and children which hopefully brightened their day.

Roger Nash – trustee – engaging with a child on the ward.

We fund the physiotherapy sessions, a vital part of their treatment in keeping patients’ joints and muscles working and preventing contractures. Some patients require years of ongoing treatment. A case in point is...we shall call her Sonam: from Deepshika, one of the remotest districts in Nepal. She was only 14 days old when the tragedy struck. To keep her warm, her mother had placed her near an open fire and was busy with chores when her blanket caught fire from the ashes, and she sustained horrific injuries. To reach the nearest hospital, with no mode of transport, they had to walk for 4 hours! The local hospital then referred her to the burn’s unit at the Kanti as they had no specialised burns unit. With the family struggling to meet the most basic of needs and unable to afford the ambulance fee, her parents had to bring her to the burn’s unit by public bus! This worsened her condition, and she needed several toes amputated on each foot.

The emergency fund was used to support ‘Sonam’ with her ongoing transportation costs for when she needs further medical treatment to relieve contractures, as well as providing extra food. Some children are receiving treatment 7 years after their accident. This is where our emergency fund comes in, helping such patients in dire need.

Our weekly nutritious food baskets containing high calorie food, (burns take two and a half times the average daily calories to aid healing) have skyrocketed in price and risen from £8 per basket in 2023 to £9.80 from January this year (£3,300pa).

I share three case studies from 2023, all supported by CHANCE

Sagar is four years old and lives with his parents in Kathmandu. Returning home from kindergarten his grandmother had placed an electric kettle on top of a chair to heat water! She then went to the kitchen to prepare a Horlicks drink for him and on her return saw him sitting underneath the chair with the kettle on top! His father was just about to leave when he accidently knocked the kettle off the chair and boiling water poured over Sagar’s lower body. Sagar was wearing cotton pants and when they tried pulling them off, his skin came off too. His grandmother applied tomatoes on the burnt area, and they immediately rushed him to Kanti Children’s Hospital for further treatment. His grandmother is staying with him on the burn’s unit. He suffered 15% - 3rd degree burns to his stomach, groin, hips, and lower back. Both parents have been unemployed for many years, his treatment is ongoing.

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Sagar

Pemdiki is aged 5 and lives with her parents. Her father is a trekking porter and her mother a farmer. The family are from Solukhumbhu, 150kms from Kathmandu. Pemdiki was at home with her mother who was busy doing housework and her father had gone in search of work in Kathmandu. She was playing outside with her friends where there was a broken electric pole with live wires lying on the ground. Pemdiki accidently touched one of the live wires and was electrocuted. Hearing her scream, her mother rushed to her and called all her relatives to help her and took her to Kharikhola Hospital which was a 3 hour walk away where she received first aid treatment. She was then sent home, after two days her wounds became infected and she was transferred by plane to the burns unit at the Kanti. She suffered 2nd degree burns to her left hand. She was on the burns unit for 24 days and discharged home and is making a good recovery.

Pemdiki Bhan

Bhan is 11 months old and comes from the district of Bara, 140kms from Kathmandu. He is an only child; his father is a farmer and mother a housewife. Their financial situation is dire. Bhan was outside with his mother who had started a fire for cooking. His father was doing household chores. His mother left Bhan on the ground whilst she went to collect vegetables from the garden, and he crawled towards the fire where tragically he was severely burnt. As soon as his mother heard him cry out, she rushed to him and immediately applied aloe-vera onto the burnt area. She then took him by bus to a nearby pharmacy but because his wounds were severe, she was advised to go by ambulance to the Makwanpur Shakari Hospital, 54kms away. There he was admitted for two days and received only medication and dressings. They had no money left for further treatment and due to his wounds being severe he was referred to the specialized burns unit at Kanti, a further 90kms away. Bhan suffered 9%, 2nd degree burns to his face and his treatment is ongoing.

All names have been changed and permission given by the parents.

BVS ‘Jingles’ BROADCAST - SOS

In 2017, we funded a daily radio broadcast during early evening when most Nepalese families tend to have dinner. These broadcasts start with a ‘jingle’ for attention, followed by vital information on how to treat the different types of burns; flame, electrical, water, in the first minutes after the accident.

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REPORT OF THE TRUSTEES

Radio is the most effective, accessible and reliable source of information for them. Around two-thirds of the total population still live in rural parts of the country.

The broadcast is about prevention but in the tragic circumstances, what to do if it happens! It will be aired through different local radios/FMs targeting large audiences in the native (local) languages including Nepali, Awadhi, Maithali and Bhojpuri and broadcast in 77 districts.

In January 2024 from our SOS Appeal in our Annual Review, we received the necessary funding of £2,500 and the broadcasts will go out from March.

MOUNTAIN HEART NEPAL

After the November earthquake, our partner MHN was a first responder and carried out a four-day medical mission seeing 700 families. During their medical mission they handed out books on health and hygiene, part of our ‘Magic Read’ programme with this brilliant organisation. Huge thanks go to Jane Lewis and Ivy Tan who have funded the ‘Magic Read’ through CHANCE for several years. Dr Aban is in the midst of producing a new book for slightly older children which will be launched early in 2024.

Magic Read Programme MHN

SNEHA’s CARE - RABIES VACCINATIONS PROGRAMME

On my visit in September, there were 158 dogs in the Centre. Owning up to Sangbo (GMIN) to being a little frightened of dogs, he offered to accompany me. As we entered the Centre, I clung to Sangbo’s arm feeling very brave! Nothing quite prepares you for ALL 158 dogs bounding towards you, all barking, though thankfully wagging their tails with excitement. Once inside, they soon settled and calmness ensued once more, during which time I talked to Sneha about her work.

The last time I was here, four years ago, there were many volunteers, but since Covid the numbers have fallen dramatically, the same goes for finding new homes in Kathmandu or adoptive parents overseas for some of the dogs. Only one dog was adopted by a German couple during 2023. A few years ago, around 6/7 dogs were adopted by owners overseas. Street dogs are rounded up, many with injuries, either from being hit by a car, abandoned, or fighting amongst themselves. Once at the Centre they are given an anti-rabies vaccination, neutered, treated against distemper, and released back into their community after three days. Those dogs with injuries stay for as long as deemed necessary, usually around three weeks for their wounds to fully heal.

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REPORT OF THE TRUSTEES

Anti-rabies vaccinations Sete being treated for a maggot infection

We have supported their vaccination programme for the past 5 years with 1200 anti-rabies vaccinations given during March and April. Rabies still kills many people in Nepal. Sneha Shrestha, the founder, runs the Centre with the help of 19 staff and a few volunteers.

EDUCATION

We currently have 16 students receiving educational sponsorship, with some sponsors supporting since 2007!

Rumkarmal and Sabin - Grade 10 - students at Triple Gem School . Bipana - Grade 6 at Pushpanjali Secondary School Sajina - Grade 10 - student at Lord of Light School Aakriti and Ritu - Grade 8 and 9 students at Shangri-La school . Hemraj - Grade 7, Padam - Grade 8 and Nishant Grade 9 at Nazareth School Sujan and Bhupesh – Grade 12 at College Addesh, Addesh, JP, Maan, Teschu, Phunstok doing Bachelor degrees at University

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CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

NEW SCHOOL – SHREE CHOKUNEY SCHOOL, SURKHET

In January, funding came from Rosy & Peter Gent who contributed 64% towards a new school building in Surkhet. CHANCE funded the remaining 36%. This is the third school Rosy & Peter have supported through CHANCE, and our 8[th] school. GMIN started the work in February 2024 and the school was finished at the end of March.

Shree Chokuney School, Surkhet

YANGCHENMA ACADEMY – RAMECHHAPP

Repairs and enhancement to the library building at Yangchenma makes it now safe to use. This is the largest area for indoor activities in the school and used for many purposes, library, meditation, yoga classes, computer lessons and school assembly.

I met with Bimila Ghising, founder of the Academy, an exceptional lady who strives to make this school - which is run on Buddhist lines and growing in numbers year on year - an outstanding place of education. The Brampton Charitable Trust supports this school through CHANCE and their funding this year was used for the salary of an excellent teacher.

SAPANA VILLAGE SOCIAL IMPACT (SVSI)

This year we provided 30 cooking stoves for the marginalised Chepang in Chitwan, 15 from funds raised at one of our quiz nights, and 15 from a donation by Jane Lewis. The improved Smart Stove is a tool designed to reduce the emission of harmful gases and consumption of firewood while cooking. It has an insulated combustion chamber around and above the fire, which enhances the temperature of the fire with reduction in firewood and decreases emissions of carbon dioxide and particulate matter. These stoves are very useful in rural areas where people have increasing rates of respiratory diseases.

SHREE CHITASARI SECONDARY SCHOOL – Chitwan

I just love visiting this government school. The headmaster, Surya Lamichhame and his staff gave us a very warm welcome. CHANCE has supported the Tiffin programme here for over 10 years. Surya assures me it has made a tremendous difference to the children. Being a government school, they get a measly amount per child each day from the government, which would barely buy a banana! We support the daily Tiffin meal for around 60 of the youngest children. The menu changes daily and is cooked on site by the staff on a rota system. Roger and Pamela were most impressed by the quality and quantity given, as we helped handing round the plates of food before tucking in ourselves with the children. This initiative not only aims to fill hunger pains but also focuses on

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CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

the overall development of the student’s providing energy which improves concentration - thus motivating the teachers as they have a class of energised and inquisitive children ready to learn.

Pamela, a science teacher then enjoyed taking part in a science lesson for Grade 7 and 8 students, explaining the chemistry behind a reaction that was demonstrated. Then she gave a pep talk encouraging the children to enjoy science.

Shree School – Chitwan – teachers preparing a freshly cooked meal which is enjoyed by the children

TRIPLE GEM SCHOOL – KATHMANDU

I received a lovely warm welcome from the head, Lama Raju Kondan and teachers during my day at Triple Gem which we have supported for over 16 years by way of; educational sponsorships - a daily milk programme for the lower school - computers - musical instruments - sports equipment and much more.

CHANCE introduced Triple Gem earlier in the year to a pilot scheme from the organisation ‘iLearnabout’, this is a conservation programme exploring global issues which they already have operating in African schools. It’s an engaging interactive educational resource with topics such as climate change, pollution, wildlife, and water.

Dilu, the assistant head invited me to sit in on his class of Grade 7 students and it was a joy to see how keen and engaged the students were. Lots of interaction as Dilu explored the topic - biodiversity. I feel the programme will be a great success and hopefully will be implemented in other schools in Kathmandu.

I then visited the lower school during the milk distribution we support and handed out stickers and our knitted dolls.

VOLUNTEER FOUNDATION NEPAL

Since Lalit and his family’s short notice departure to the US in April the future of VFN has hung in the balance. Hats off to JP and Maan, both in their fourth and final year of a bachelor’s degree, JP in Engineering and Maan in Business who stepped up to the challenge. They both arrived at VFN aged 10 and are now aged 23 - who better to know the ropes and run a tight ship. They have had to endure many difficulties through the insufficient handing over of all aspects of the administration side to them, but slowly, with perseverance and a good deal of resilience, they have turned the corner and when I made my visits in October, I found a lot to celebrate. I was delighted to take Pamela and Roger with me for the birthdays of Nishant and Nabin who both turned 14 which meant a fab cake each with adorning fireworks! Singing and dancing followed which made a fun day for us all.

Another enjoyable and fun day for me was spent when invited back to help them make momos, my favourite Nepali dish! This took over four hours, with all hands to the task, preparing from scratch enough for all 16 of us! Not a case of opening a tin of tomatoes or a jar of peanut butter for a sauce. No! First the peanuts were gently fried to remove the husks, then sieved and ground up for the satay sauce, no half measurers! The chicken was stripped clean of all edible meat and the bones used to make a tasty soup to go with the momos which were delicious in the extreme and disappeared in seconds! I am immensely proud of all at VFN, the way they all pull together and the wonderful connection they have with each other - one very happy family, well done to all.

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CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

The VFN family

MY SPECIAL THANKS TO SPECIAL PEOPLE

Firstly, I would like to say a massive THANK YOU to everyone who has supported CHANCE during 2023. You continue to be wonderfully generous. Please be assured that you have changed so many lives for the better, in health and education.

To our wonderful Patron Dame Joanna Lumley – and fabulously supportive trustees Edmund O’Reilly Hyland, David Smail and Roger Nash , along with Chris Blizard our treasurer, all of whom are there for me and the smooth running of CHANCE.

Adrienne Golightly who runs our CHANCE 100 Club.

Michelle Wilkes , partner in AZETS Accountants, they have carried out an independent examination of our accounts for free for the past 15 years. This is a massive saving for us.

Aerobytes our corporate sponsor for the last 9 years.

Jane and Brian, landlords of The Keep in Guildford who, for the past 12 years, have hosted our quiz nights. Their generosity and support are fantastic. Funds raised from the quiz nights go to support the education of Addesh, a student they have sponsored for 11 years.

Paul Lamberty who looks after our website - https://boonwag.co.uk/

Thanks to all our educational sponsors for giving the gift of an education, what better gift can you give a child which enables them to get a good job, securing a brighter future.

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) Burns Violence Survivors (BVS)

Barbara

Founder CHANCE for Nepal

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CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

Financial review

During the year the charity received income totalling £81,520 (2023: £102,155). 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 £7,897 (2023: £5,049) and donated £83,377 (2023: £106,942) to various projects in Nepal resulting in a net deficit for the year of £9,754 (2023: deficit: £9,836).

The charity had assets totalling £32,941 (2023: £42,695) at 31 March 2024 including restricted funds of £2,005

(2023: £1,410).

Reserve Policy

At 31 March 2024 the charity had total unrestricted funds of £30,936 (2023: £41,285). 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 2024 totalled £2,005 (2023: £1,410).

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

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

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CHANCE FOR NEPAL

REPORT OF THE TRUSTEES

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.

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 ……………………………..10 October 2024

Mrs Barbara Datson Founder and Trustee

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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 2024, set out on pages 16 to 20.

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

10 October 2024

…………………………………..

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CHANCE FOR NEPAL

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted
funds
£
RECEIPTS
Fundraising events
6,130
Donations
Legacy income
27,989
-
__
Total receipts
34,119
_
PAYMENTS
Donations to projects in Nepal
36,571
Fundraising and other costs
7,220
Bank charges and interest
677
_
Total payments
44,468
__
Net (deficit)/surplus for the
year
(10,349)
Cash balances brought
41,285
forward at 1 April 2023
_
Cash balances carried
30,936
forward 31 March 2024
_		 Restricted
funds
£
-
47,401
-
__
47,401
_
46,806
-
-
_
46,806
__
595
1,410
_
2,005
_		 Total funds
2024
2023
£
£
6,130
5,565
75,390
-
86,590
10,000
__
_
81,520
102,155
__
_
83,377
106,942
7,220
4,240
677
809
_
__
91,274
111,991
_
_
(9,754)
(9,836)
42,695
52,531
__
_
32,941
42,695
_
______

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CHANCE FOR NEPAL

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024

Comparative SOFA

RECEIPTS
Fundraising events
Donations
Legacy Income
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 2022
Cash balances carried
forward 31 March 2023		 Unrestricted
funds
£
6,130
35,780
-
__
51,345
_
56,461
4,240
809
_
61,510
__
(10,165)
51,450
_
41,285
_		 Restricted
funds
£
-
50,810
-
__
50,810
_
50,481
-
-
_
50,481
__
329
1,081
_
1,410
_		 Total funds
2023
£
5,565
86,590
10,000
__
102,155
_
106,942
4,240
809
_
111,991
__
(9,836)
52,531
_
42,695
_

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CHANCE FOR NEPAL

STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2024

Note
Current account
Community account

Net assets

Funds
Unrestricted funds
Restricted funds
3
 2024
£
31,406
1,535
_

32,941
_

30,936
2,005
____

32,941
 2023
£
40,579
2,116
____
42,695
_
41,285
1,410
_
42,695

The financial statements were approved and signed on ………………………… on behalf of the Board by: 10 October 2024

Mrs Barbara Datson Trustee

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CHANCE FOR NEPAL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

1. RELATED PARTY TRANSACTIONS

There were no related party transactions during the year ended 31 March 2024 (2023: £nil).

2. DETAILED INCOME AND EXPENDITURE ACCOUNT

RECEIPTS
Donations
Restricted donation (see note 3)
Legacy income
100 Club income
PAYMENTS
Bank charges and interest
100 Club prizes
Other costs
Website costs
Travel costs
Net receipts before transfers to projects
CHANCE PROJECTS:
Triple Gem Project
Volunteer Foundation of Nepal
(colloquially known as Papa’s Home)
BVS
College Student sponsorship
Shree Secondary School
GMIN
Shangri-La School
Yangchenma
Academy
(formerly
NIMA Academy)
Mountain Heart Nepal
Lords of Light Academy Education
Siddhasthali
Hospital
construction
and equipping
Siddhasthali Hospital Magic Read
Initiative
Sapana School
Sapana Village Impact
Sneha’s Care
Other project costs
TOTAL DONATIONS TO PROJECTS
NET (DEFICIT) FOR YEAR		 2024
2023
£
£
27,989
35,780
47,401
50,810
-
10,000
6,130
5,565
___
___
81,520
102,115
677
809
1,750
1,980
506
1,697
3,267
633
1,627
-
___
___
7,897
5,049
___
___
73,623
97,106
___
___
-
3,170
10,453
8,251
11,300
9,008
5,646
3,239
2,960
2,620
10,160
15,305
2,190
3,210
2,110
2,354
2,000
-
700
735
35,000
55,100
-
2,000
330
-
-
950
-
1,000
528
-
_
_
83,377
106,942
___
___
(9,754)
(9,836)

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CHANCE FOR NEPAL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

3. RESTRICTED FUND

3.
RESTRICTED FUND
Brought Carried
Current year forward Income Expenditure Forward
£ £ £ £
SOS Food Relief 18 - - 18
Volunteer Foundation of Nepal colloquially - 3,449 3,449 -
known as Papa’s Home)
Ama Ghar - 500 485 15
Education Sponsorship Lord of Lights Academy 166 500 666 -
College Sponsorship 289 2,647 2,936 -
Sapana School 300 330 330 300
Sapana Village Impact - - - -
Education Sponsorship Triple Gem - 1,000 - 1,000
Shangri-La-School 637 2,185 2,190 632
Yangchenma Academy (formerly NIMA Academy) - 2,000 2,000 -
Siddhasthali Hospital construction and equipping - 24,520 24,520 -
Siddhasthali Hospital other - 1,000 1,000 -
GMIN - 6,730 6,730 -
BVS - 2,500 2,500 -
School 47 - 40 - 40
____ ____ ____ ____
1,410 47,401 46,806 2,005
____ ____ ____ ____

There were restricted donations of £47,401 received towards various projects in the year including the construction of a new hospital wing, sponsorship of students and skills training.

Brought Carried
Prior year forward Income Expenditure Forward
£ £ £ £
SOS Food Relief 18 - - 18
Volunteer Foundation of Nepal colloquially known - 3,177 3,177 -
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 Academy) - 1,750 1,750 -
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 £50,180 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.

20