Company Regislration Number: 05621889 Charity Registration Number: 1119026 CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) CONTENTS Page Reference and Administrative Details of the Charity. its Trustees and Advisers Trustees. Report Statement of Trustees, Responsibilities 10 Independent Examinerfs Report Statement of Financial Activities (Incorporating Income and Expenditure Account) 12 Balance Sheet 13-14 Notes to the Financial Statements 15-24
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Trustees Mr Ram Sarachandra Kumar. Chair Ms Nandita Khanna, Tnjstee (Resigned 30 November 2023) Ms Kreeanne Rabadi, Trustee Ms Pula Marwaha, Trustee Mr Vivek Govil, Trustee Ms Raga D'silva. Trustee Lord Prof. Bhikhu Parekh. Trustee Company registered number 05621889 Charity registered number 1119026 Registered office CIO Penningtons Manches LLP 125 Wo(xl Street London EC2V 7AW Independent Examiner MHA Chartered Accountants MHA House Charter Court Swansea Enterprise Park Swansea SA7 9FS Bankers National Westminster Bank 94 Moorgate Finsbury London EC2M 6UR Solicitors Penningtons Manches LLP 125 Wo(xl Street London EC2V 7AW Company secretary Pennsec Limited Page 1
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their annual report together with the financial statements of Child Rights and You UK for the year 1 April 2023 to 31 March 2024. The Trustees confimi that the AnnLJal Report and financial statements of the company comply with Ihe current statutory requirements, the requirements of the company's goveming document and the provisions of the Statement of Recommended Practice ISORPI, applicable to Gharities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). Since the Charity qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Directorfs Report) Regulations 2013 is not required. STRUCTURE, GOVERNANCE AND MANAGEMENT STRUCTURE STRUCTURE The Charity is controlled by its goveming document. a deed of trust. and constitutes a limited company. limited by guarantee, as defined by the Companies Act 2006. Child Rights and You UK registered as a Charity on May 1st, 2007 with the Charity Commission. The Charity's registration number is 1119026. The Charity is govemed by its Memorandum and Articles of Association dated November 14th, 2005 as amended by special resolution dated January 25th, 2007. The company is limited by guarantee (company registration number 5621889) and does not have share capital. The liability of the members is limited to £10 each. GOVERNANCE AND MANAGEMENT The Charity has Trustees that are based in UK and India. Administrators of the Charity support the Trustees. The Trustees confimi that they have referred to the guidan contained in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives, planning future activities and setting the grant-making policy for the year. SELECTION, APPOINTMENT AND REMOVAL OF TRUSTEES Prospective Trustees are recommended and interviewed by the cuent Board to assess their interests, skills, experience, area of expertise and their potential contribution. Background research is undertaken on the potential candidates. reputation, credibility and suitability- Appointment is approved by all members of the Board of Trustees. New Trustees are encouraged to familiarise themselves with the Memorandum and Articles of Associalion, the policies, aims, objects and projects of the Charity- They are briefed on the Charity's business plan and recent financial performance. If a Trustee is unable. unwilling or no longer suitable to act as a Trustee, the Board may require that helshe resign from office. RISK MANAGEMENT The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place lo provide reasonable assurance against fraud and error. Page 2
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) OBJECTIVES AND ACTIVITIES The Objectives of the Charity as per its goveming document. and for the furtherance of public benefit. are: To relieve the needs of socially and economically disadvantaged children in order to improve their condition, especially children in India or of Indian descent. To be a voice of authority on child rights and the situation of children in India. To empower marginalized communities and enable them to build a sustainable future for their children. To be a catalyst for change for individuals, civil society and govemment policy to transfomi the situation of children in India To ensure basic rights to survival. protection. development and participation to all children in India. ACTIVITIES FOR PUBLIC BENEFIT CRY UK strongly advocates for every child's right to a childhood to live, to learn, to grow and to play. It is alaniling to know that everyday millions of children in India are denied these basic rights. Many have no access to an education, proper healthcare or nutrition.. are forced to work as labourers lo support their family's income.. girls become brides and even mothers much before the age of 18, and a growing number of children are trafficked. abused and exploited every day. It is under these challenging circumstances that CRY UK seeks to restore lo children their lost childhood. CRY UK works on 4 key thematic areas- Education (Right to Development), Health & Nutrilion (Right to Survival), Safety & Protection (Right to Protection), Child Participation (Right to Participation) Working with some of the most marginalized and vulnerable children, within their communities and their family structures, CRY UK aims to address the root causes of why children are kept away from their basic rights, and to find sustainable solutions. Our approach on the ground focuses on: Empowering children to have a voice in matters that affect them Addressing immediate, critical needs of children e.g. providing non-formal education classes to drop- outs Influencing knowledge, attitudes and practices of parents that impact children e.g. breast-feeding practices Mobilization and empowerment of underprivileged communtties Capacity building of service providers e.g. teachers etc. In summary. CRY UK'S reason for being is to ensure happy and healthy childhoods. and to bring about lasting change in children's lives. CRY UK'S key activities are to: a) Raise awareness about the situation of children in India b) Mobilise public support in the UK for children in India., and c) Raise funds for local grassroots projects in India that work towards ensuring the rights of children We work closely with CRY. our partner in India that has over the past 40 years developed highly effective systems for selecting, planning. monitoring and evaluating such interventions. CRY UK operates with impeccable standards of trust. transparency. equality and accountability. We report periodically to all our supporters. donors and volunteers. on the progress of each of the initiatives we support. Page 3
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) ACHIEVEMENTS OVERVIEW OF THE YEAR In Ihe year 2023-24, our focus remained on sustaining our efforts for vulnerable communities and their children. The previous two years of the pandemic had necessilated immediate relief measures to combat the unprecedented challenges brought on by the crisis. The pandemic's adverse effects on the health and education of vulnerable children were significant, and it became clear that we needed to address these issues while also helping communities build resilience for the future. The pandemic's impact on vulnerable children was particularfy felt in two critical areas= education and health. With the closure ofschools fortwo years, many children had to discontinue their education. Although there were attempts to mitigate this disruption through online learning, the lack of affordability and access to necessary technology made this solution unfeasible for many children in vulnerable communities. As a result, a significant number of children dropped out of school. placing them at a heightened risk of exploitation, including being forced into child labour, early marriage, sexual abuse. and enduring emotional and psychosocial harm. To address these challenges. the year 2023-24 saw the initiation of several programs aimed at bringing normalcy back into the lives of children. Our efforts focused on re-engaging children wilh education, restoring their health, and ensuring their protection from exploitation and abuse. This included the launch of new initiatives such as child and adolescent resource centres that provided holistic support for children, offering education, health seNices, and psychosocial care. These centres also became focal points for community support, helping families cope with the long-term effects of the pandemic. Through these initiatives, the goal was not only to address immediate concems but to create sustainable solutions that would empower children and their families. ensuring that they could overcome the long-lasting effects of the pandemic and rebuild a stronger. more resilient future. The projects continued to focus on the following activities to address child rights issues in our inteNention areas. Education: Educational support through Children Activity Centres and Child and Adolescent Resource Centres Conducting Lrfe skills sessions and providing psychosocial support Community mobilisation - to provide a protective ecosystem Providing timely care to lactating and pregnant mothers by conducting home visits, monitoring and tracking of the ante natal and post-natal check-ups and institutional deliveries Addressing malnutrition to reduce infanuchild mortality- by ensuring regular supply of supplementary nutrition by the Anganwadi. (Childcare Centre) and mid-day meals for school going children. Ensuring awareness around menstrual hygiene for adolescent girls Safely & Protection- Identifying and handling cases of children being forced into child labour or pushed to become child brides Strengthening child protection mechanisms at the village as well as district levels Raising awareness on the negative impact of child labour and child marriage, through community meetings, also through children and adolescent groups. Page 4
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) OVERALL IMPACT IN THE YEAR 2023-24 Overall number of children reached Number of villageslhamlets covered Number of children enrolled in schools (6-18 years) Number of children under 1 year completely immunized Number of children attended life skills sessions 47.607 107 14.207 480 1.967 KEY ACHIEVEMENTS OF THE PROJECTS SUPPORTED BY CRYUK Grants were awarded to the following projects during the year 2023-24, the amount granted, the impact of each project is cited to demonstrate the impact the charity achieves. JAGO FOUNDATION (Grant of £26.002) is making a significant impact in the Giridih district of Jharkhand, where it focuses on irnproving educational access and quality for children. Their efforts centre around two primary goals.. Ensuring Preschool Attendance for Children Aged 3 to 6: JAGO Foundation is working to make sure that every Child in Ihis age group is attending preschool. Eady childhood education is crucial for laying a slrong foundation for future learning and development. By focusing on preschool attendance, JAGO aims to enhan cognilive. social, and emotional development in children, preparing them for formal schooling and helping to build lifelong leaming habits. Achieving 100 /0 School Enrolment for Children Aged 6 to 14= The foundation also aims for universal enrolment in primary and secondary education for children aged 6 to 14 years. This goal ensures that no child is left behind due to social. economic. or geographical barriers. By targeting 100 % enrolment, JAGO aims to combal issues like school dropouts, illiteracy, and child labour while promoting a more inclusive and equitable education system. JAGO'S work is critical in addressing educational gaps in Giridih, a region that may face challenges such as poverty, lack of infrastructure. and limited access to quality education. By focusing on early education and universal school enrolment. the foundation is striving to create a brighter. more educated future for the children of Giridih. Project Impact in 2023-24 14.308 children reached 10,089 children in school (age group 6-18 years) 1,005 children accessing pre-school education (3 to 6 years) 78 children and adolescent collectives with 2602 members 379 adolescent girls given career counselling 181 girls playing cricket and football GRAM SWARAJ SANGH (Grant of £20,575) is dedicated to improving matemal health and reducing infant mortality in marginalized tribal communities across 23 villages in the Kutch district of Gujarat. The organization focuses on providing essential healthcare servIs. education, and supporl to ensure the well-being of mothers and infants in these underserved areas. By addressing the challenges faced by these communities. GRAM SWARAJ SANGH aims to significantly reduce health risks during pregnancy and childbirth, as well as enhance infant survival rates. Page 5
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) Project Impact in 2023-24 2,555 children reached 90 children under one year completely immunized 43 Number of children medium underweight moved to nomial 24 children collectives with 374 children as members 24 adolescent gid collectives active with 253 members 371 children participated in Life skills sessions ASIAN INSTITUTE OF MANAGEMENT {AIM) TRUST (wilh a grant of £20.189) is working in the Mitauli block of Lakhimpur Kheri. Uttar Pradesh (UP), across 17 villages. The project's main objective is to promole the importance of education among parents and communities. AIM aims to improve the quality of education by implementing child-friendly teaching techniques and encouraging greater parental involvement in their children's schooling. This approach seeks to create a more supportive educational environment, fostering better learning outcomes and stronger community engagement in education. Project Impact in 2023-24 11,852 children reached 4,295 children in the age group of 6-18 years enrolled in school 497 children in the age group of 3 to 6 years accessed pre-school education 67 drop out children re-enrolled in schools in the age group of 6-18 years 22 children's groups active with 173 members 17 adolescent groups active with 469members 642 children participated in life-skills sessions CRY INDIA PROJECT ON EDUCATION (with a grant of £25.773) This project in Krishna District, Andhra Pradesh. is designed to tackle significant issues surrounding education and child protection. It focuses on vulnerable children and communities, aiming to create lasting change in the region. Here's a breakdown of its key objectives= Enhancing Education Infrastructure= Improving schools, providing better learning materials, and creating a more conducive environment for students will help boost education outcomes. The project will work towards addressing infrastructural gaps and ensuring that schools are safe, well-equipped, and accessible to all children. 2. Promoting Early Childhood Care and Education (ECCE).. This aspect will focus on providing quality early childhood education. which is crucial for laying a strong foundation for lifelong leaming. The project will establish or improve existing programs that nurture cognitive, social. and emotional development in young children. 3. Combating Child Labor.. The projectaimsto identify and address the root causes ofchild labor by raising awareness and providing altemative educational and vocational opportunities. By reducing the economic pressures that push children into work, the project seeks to ensure children can focus on their education and well-being. 4. Child Protection and Safety.. In a district affected by crimes againstwomen and children, the project will work on strengthening child protection mechanisms. This includes collaborating with local authorities, community leaders, and families to ensure children's safety, prevent abuse, and provide support services for those affected. By integrating these key areas. the project aspires to upltft the well-being of children in Krishna District, empowering them with the education and protection they deserve. Through a comprehensive approach. the project hopes to build a safer, more supportive community for future generations. Page 6
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) Project Impact in 2023-24 2,572 children Impacted 2,415 children 6-18 years old enrolled in schcK)I 25 children and adolescent collectives with 1171 members 232 children benefitting from Stem Centres SYNERGY SANSTHAN {with a grant of £14,434} is tackling the urgent health and socio-economic challenges faced by the Korku and Gond tribal communilies in 10 villages of Harda district, Madhya Pradesh. The project focuses on improving maternal and child health by addressing malnutrition, promoting better health-seeking behaviours, and increasing access to quality healthcare seIS in this marginalized region. By strengthening healthcare systems and empowering local communities. the project aims to reduce health disparities and improve overall well-being. Project Impact in 2023-24 16,320 children impacted 359 children under one year immunized 20 children and adolescent collectives with 243 members 243 children participated in life skills Fund Raising and Donor Relations Donor communication was primarily through mailers. We sent out 18 mailers through the year to donors which included updates on projects, case stories, wishes on special occasions, issue-based mailers for e.g. Girl Ghild education. maternal and infant health etc. Social media posts were put up on Instagram and Fab00k- these posts were on various aspects - Donation appeals, child rights awareness. posts on special days like intemational girl child day, project videos to mention a few. In all there were 110 posts and 35 reels across the year and the organic followers grew from 122 to 180 in this year. FINANCIAL REVIEW: In the financial year 2023-24, CRY UK raised £81,880. primarily through individual donations and through online donations through crowd funding plaffom)s. Despite the lower-than-expected income. CRY UK disbursed £106.973 in support of five projects focused on addressing issues impacting children in their respective inteentIOn areas. Additionally, funds were allocated to CRY India for programme monitoring and evaluation. WAY FORWARD: PLANS 2023-24 CRY UK continues to be committed to supporting projects in India that focus on education and protection issues of children. Page 7
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) Education & Protection- The projects working on the issue of education will focus on providing support to enable children to continue their education and not drop out of school. Some of the key activities planned to ensure that all children get back to school and to restore Iheir interest in school education are as follows= Tracking of children to ensure that they do not drop out. Implementing initiatives to address the growing dropout rates and to provide relevant support to children to enable them to continue to be in school like Child and Adolescent Resource Centres Supporting enrolment drives in villages to ensure children are enrolled in schools. Conducting awareness drives among parents, teachers. local governance to build the value of education and highlight the ill effects of dropping out of school, child marriage, labour, and trafficking. Protecting children from dropping out by ensuring the maintenance of school infrastructure. FUNDRAISING Our fundraising efforts for the year will focus on several strategic initiatives to increase support for our work with vulnerable children. Key components of our strategy include.. 1. Website Promotion and Traffic Increase: We will prioritize the promotion of our new website. making it a central hub for donor engagement. information sharing, and campaign updales. The goal is to increase traffic to the site, driving awareness and encouraging new donors to get involved. This will include optimizing the website for ease of use. compelling content, and clear calls to action for donations. 2. Communication with Current Donors: Regular updates will be sent to current donors, keeping them infomied about our ongoing work and the impact of their contributions on children's lives. These communications will not only share success stories and program updates but also provide insight into the challenges we face and how donors can continue to make a difference. A focused effort will be made to renew donor support by emphasizing the continued importance of their contributions, ensuring they feel valued and informed about how their donations are being used. 3. Digital Outreach: We will leverage digital marketing to support online fundraising campaigns, using social media, email marketing. and influencer partnerships to reach potential donors. The campaigns will be designed to tell compelling stories aboutthe children we serve. highlighting the urgent need for resources and showcasing the impact of donations. Interactive fundraising tools such as peer-to-peer fundraising platfomis and crowdfunding campaigns will be integrated into our digital outreach, allowing supporters to create their own campaigns and share them with their networks. 4. Charity Gala for Resource Raising: A charity gala will be organized lo raise significant funds for our initiatives. This event will bring together donors, partners, and stakeholders in a celebratory atmosphere, showcasing our work and providing opportunities for in-person engagement. The gala will include a ndraising auction, guest speakers, and performances, creating an inspiring and impactful experience for attendees. Page 8
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 5. Partnerships and Collaborations- We will work to establish strategic partnerships with foundations. associations. and networking groups that align with our mission. These partnerships will not only help us reach potential donors but also open up new avenues for collaboration and resource-sharing. Engaging with these networks will help us expand our donor base and raise awareness of our programs in broader circles. Collaborative partnerships with corporations and businesses will also be explored for matching gifts and long- term support. 6. Strengthened Communication Plans for Building Donor Relationships: Our communication strategy will focus on building and maintaining strong, long-lasling relationships with our donors. This will involve personalized communication, regular updates, and engagement opportunities. We will aim to make donors feel integral to our mission. showing them the direct impact of their conlribulions and cultivating a sense of community and partnership. Special recognition for loyal donors and opporiunities for involvement in the organization's growth and decision- making processes will be explored to increase donor retention and engagement. Through these combined efforts, we aim to not only secure new donors but also slrengthen the relationship with existing supporters, ensuring long-temi sustainability for our programs that benefit vulnerable children and their communities. The report was approved by the Trustees. and signed on their behalf by: Mr. Ram Saradchandra Kumar Chairperson Date .' 31 January 2025 Page 9
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The Trustees {who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees. Report and the financial statements in accordan with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted AccoLbnting Practi}. Company law requires the Trustees to prepare financial statements for each financial Under company law. the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the Charity and of its incoming resources and application of resources. including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to= select suitable accounting policies and then apply them consistently-, observe the methods and principles of the Charities SORP IFRS 102).. make judgements and accounting estimates that are reasonable and prudent., state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charily's transactions and disclose with reasonable accuracy at any time the financial position of the Charily and enable them to ensure that the financial statements comply with the Companies Act 2006. 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 has been prepared in accordan with the provisions applicable to small companies within Part 15 of the Companies Act 2006. Approved by order of the members of the board of Trustees and signed on its behalf by: Mr. Ram Saradchandra Kumar Chairperson Date .' 31 January 2025 Page 10
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 Independent Examiner's Report to the Trustees of Child Rights and You UK ('the Charity.) I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2024. Responsibilities and Basis of Report As the Trustees of the Charity {and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {'the 2006 Act,). Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of the Charilrfs accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act.). In carrwng out my examination I have followed the Directions given by the Charity Commission under section 145{51(b) of the 2011 AGt. Independent Examinerfs Statement I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act,. or Ihe accounts do not accord with those records,. or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination: or Ihe accounts have not been prepared in accordance with the methods and principles of the Stslement of Recommended Practi for accounting and reporting by charities lapplicable to charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)]. I have no concems 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. Dated.. 31 January 2025 ACA DChA Rachel Doyle MHA Chartered Accountants MHA House Charler Court Swansea Enterprise Park Swansea SA7 9FS MHA is the trading name of Maclntyre Hudson LLP. a limited liability partnership in England and Wales (registered number OC312313). Page11
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted funds 2024 Total funds 2024 Total fvnds 2023 Note Income from: Donations and Gifts 81,880 81.880 t76.763 Total income 81,880 81,880 116,763 Expenditure on: Charitable aclivf(ies 142,404 142.404 112,273 Total expenditure 142,404 142,404 112,273 Net movement in funds (60,524) (60,524) 4,490 Reconciliation of funds: Total funds brought forward Net movement in funds 91,095 (60,5241 91,095 160.524) 86,605 4.490 Total funds carried forward 30,571 30,571 91,095 The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 15 to 24 fomi part of these financial statements. Page 12
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) REGISTERED NUMBER: 05621889 BALANCE SHEET AS AT 31 MARCH 2024 2024 2024 2023 2023 Note Fixed assets Tangible assets 10 Current assets Debtors Cash at bank and in hand 976 32,845 1,918 92,357 33.821 94,275 Creditors= amounts falling due within one year 12 (3,250) (3.180) Net current assets 30,571 91,095 Total assets less current liabilities 30,571 91,095 Total net assets 30,571 91,095 Charity funds Restricted funds 13 Unrestricted funds 13 30,571 91.095 Total funds 30,571 91,095 Page 13
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) REGISTERED NUMBER: 05621889 BALANCE SHEET {CONTINUED) AS AT 31 MARCH 2024 The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordan with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by= Mr. Ram Saradchandra Kumar Chairperson Dale.. 31 January 2025 The notes on pages 15 to 24 f) part of ttr finanoal statements. Page 14
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 General information Child Rights and You UK is a company limited by guarantee and is registered with the Charity Commission {Charity Registered Number= 1119026) and Registrar of Companies (Company Registration Number.. 05621889) in England and Wales. In the event of the Charity being wound up. the liability in respect of the guarantee is limited to £1 per member of the Charity. The address of the registered office is given in the Charity information on page 1 of these financial statements. The nature of Ihe Charivs operations and principal activities are detailed in the Trustees, Report. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otheNise stated. Accounting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charities SORP (FRS 1021 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 IFRS 102) and the Companies Act 2006. Child Rights and You UK meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othemise staled in the relevant accounting policy. The financial slatements are presented in pounds sterling which is the functional currency of the Charity and rounded to the nearest pound. 2.2 Going concern The Trustees have assessed the going cOnM and have considered possible events or conditions that might cast significant doubt on the ability of the Charity to continue as a going concern. The Trustees have made this assessment for a period of at least one year from the date of the approval of these financial statements. The Trustees have concluded that there is a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. The Charity therefore continues to adopt the going concern basis in preparing its financial statements. Page 15
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (continued) 2.3 Income All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. For donations to be recognised the Charity will have been nottfied of the amounts and the settlement dale in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfillment of those conditions is within the control of the Charity and it is probable that they will be fulfilled. Income from other fundraising activities includes income earned from fundraising events lo raise funds for the Charity. Income is received in exchange for supplying goods and ServIS in order to raise funds and is recognised when entitlement has occurred. Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service. 2.4 Expenditure All expenditure is accounted for on an accruals basis. Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs. including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity- Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned beeen those activities on a basis consistent with the use of resources. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charitys objectives, as well as any associated support costs. Grants payable are charged in the year when the offer is made expt in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure. All expenditure is indusive of irrecoverable VAT. 2.5 Taxation The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finan Act 2010 and therefore it meets the definttion of a charitsble company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the exlent that such income or gains are applied exdusively to charitable purposes. Page 16
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (continued) 2.6 Tangible fixed assets and depreciation Tangible fixed assets are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Al costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives. using the straight-line method. Depreciation is provided on the following basis- Plant and machinery 2501. Straight line 2.7 Debtors Trade and other debtors are recognised at the setuement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.8 Cash at bank and in hand Cash at bank and in hand includes cash and short-temi highly liquid investments with a short malurity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.9 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event. it is probable that a transfer of economic benefit will be required in settlement. and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payTnents for the gocKls or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost. Page 17
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (continued) 2.10 Financial instruments The Charity only holds basic Financial Instruments. The financial assets and financial liabilities of the Charity are as follows: Debtors other debtors (including accrued income) are basic financial instruments and are debt instruments measured at amortised cost as detailed in Note 11. Prepayments are not financial instruments. Cash at bank - is classrfied as a basic financial instrument and is measured at face value. Liabilities - accruals will be classified as financial instruments, and are measured at amortised cost as detailed in Note 12. 2.11 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designaled for olher purposes. Restricted funds are funds which are to be used in accordan with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Income from donations and gifts Unrestricted funds 2024 Total funds 2024 Donations and Gifts 81.880 81,880 Unrestricted funds 2023 Restricted funds 2023 Total funds 2023 Donations and Gifls 111,763 5,000 116,763 Page 18
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysis of expenditure on charitable activities - by fund Unrestricted funds 2024 Total 2024 Relieving needs of disadvantaged children 142,404 142.404 Unrestricted funds 2023 Restricted funds 2023 Total 2023 Relieving needs of disadvantaged children 107,273 5,000 112,273 Analysis of expenditure on charitable activities - by type Grant funding 2024 Support Costs 2024 Total funds 2024 Relieving needs of disadvanlaged children 106.973 35,431 142,404 Grant funding 2023 Support costs 2023 Total funds 2023 Relieving needs of disadvantaged children 85,367 26,906 112,273 Page 19
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysis of expenditure on charitable activities - by type (continued) Analysis of support costs Total funds 2024 Total funds 2023 Advertising Govemance costs 1.045 3,250 863 272 1,767 3,200 550 221 Insurance costs Bank charges Card charges Postage and stationery Grant monitoring fees Website development 709 1.160 18 14,345 5.645 24,462 4,830 35,431 26,906 Governance costs 2024 2023 Independent Examiners, remuneration - Independent examination 3,250 3,200 3,250 3,200 Page 20
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Grant payments to institutions 2024 2023 Jago Foundation Gram Swaraj Sangh Gramin Vikas Samiti AIM Trust 26,002 20,575 24,712 16.573 16,008 17,331 20,189 25,773 CRY India AIM Trust- CARC Synergy Sansthan 10,743 14,434 106,973 85,367 Trustees. remuneration and expenses During the year. no TnJstees reiVed any remuneration or other benefits (2023 - £NIL). During the year ended 31 March 2024. expenses totalling £145 were reimbursed or paid directly to 1 Trustee (2023 - £NIL to l Trustee). Staff costs No staff have been employed by the Charity in the cuent or previous year. Page 21
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 10. Tangible fixed assets Plant and machinery Cost or valuation At 1 April 2023 2,077 At 31 March 2024 2.077 Depreciation Al 1 April 2023 2.077 At 31 March 2024 2,077 Net book value At 31 March 2024 At 31 March 2023 11. Debtors 2024 2023 Other debtors 976 1,918 976 1,918 12. Creditors: Amounts falling due within one year 2024 2023 Accruals 3.250 3,180 Page 22
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13. Statement of funds Statement of funds - current year Balance at 31 March 2024 Balance at 1 April 2023 Income Expenditure Unrestricted funds General funds 91,095 81,880 (142,404) 30,571 ststement of funds - prior year Balance at 31 March 2023 Balance at 1 Apnl 2022 Income Expenditure Unrestricted funds General funds 86,605 111,763 (107,273) 91,095 Restricted funds Smallwodd Foundation 5,000 (5,000) Total of funds 86. 605 116.763 (112.273) 91.095 Page 23
CHILD RIGHTS AND YOU UK (A Company Limited by Guarantee and Registered Charity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. Analysis of net assels between funds Analysis of net assets between funds - current year Unrestricted funds 2024 Total funds 2024 Current assets Creditors due within one year 33.821 (3,2501 33,821 (3.250} Total 30.571 30,571 Analysis of net assets between funds - prior year Unrestricted runds 2023 Total funds 2023 Current assets Creditors due within one year 94,275 (3, 180) 94,275 (3. 180) Total 91,095 91,095 15. Related party transactions Ms Kreeanne Rabadi, Trustee, is also a Director of Child Rights and You India. Ms Pula maaha, Trustee, is also Chief Executive officer of Child Rights and You India. In the year, Child Rights and You UK made grant payments of £25.773 {2023 - £Nil) io Child Rights and You India and grant monitoring fees of £24,462 (2023- £14,345). Page 24