forth•Y•ar Ended 310ctobew 2023for Ac£ountin8 Solutkn London & Mabia Ltd Chartered Accountants 254 Penton¥ille Road London Nl 9JY
Child Actk for the Year Ended 31 Otkobtt 2023 Trujtees Annu•l Report Independent examlners rep(wt to the mem ststement ot fin•ndal xtl¥ltl•s lIorpOty the In¢•M 10 d expendltur• ac(authtl Balance Sheet li Not•s to the Fln•nd•l Ststemel
thlld Actlon Tru5ttt5 Anfiual Report for the Year Ended 31 Octobw 20a The trustees, who arè also directors for the purpose5 of compary law, have pleasure in presenting thelr report and the unaudlted finandal statements of the charfty for the year ended 31 October 2023 which are also prepared to meet the requlrements for a directors report and xc(yJnts for Companles Act purposes. REFEREMCE ANDADMINisfRATIVE DETAILS R•g15t•rod tharftyname Chlld Actlon Charlty re$trk Nmber Its3661 Comp•ny re8ls¢rntlon number 0706(K172 Prlnclpal oflk• 17 Pond Road London 30SL ReKl$t¢red offl 17 Pond Road London 5E3 05L THE TRUSTEES The dlrectors of the tharitsble company lthe charity) are its trustees for the purpose of tharltable law. The trustees and offlcers servlng durln8 the year and since ihe year end were as follows: Dr S Sharma Mr S Shafma Mrs S Freeman (nee L0Ck) sTrucruRE. GOVERNA14CE AND MAPWEMEIIT The charlty is controlled by its 8oveming document. a deed of trusL adopted 29 October 21))9. arKI constitutss a Ilmlted company, Ilmited by8uarantee, x defined tythe Companies Act 2006. The trustees determine the general management pollcy of the dmrity: thty e1¥ ihe effectfvene55 of all operational. financial and com1)n¢t sfftems aNI control& It Is the Intentkon of the charity, to encoura8e trustees in order to broaden Its support. New trustees wlll need to be approved by all the eyistlngtrustees.
Chlld Artlon Trustees Annual Rewt Icontlnwd) forthe Year Ended 31 October 2023 OBIECTIVES ANDAcnvmES Education remains the most critlcal path to social mobility, yetthejoumey is long and challenglng for thildren living In deprived communllles. Entrepreneur Seema Sharma founded ChSld Action in re5pon5e to the terrible poverty she wltnessed In Mumbai whllst filmin8 "Slumdog Secret Mlllknnaire" whlth aired on Channel 4 in January 2010. The docurnentary followed herjryimry as a volunteer for three 8rassroots Non-GovMeftt Organlsatlons (NGOS) In Mumbai which Work tirele5s1y to provKle underprivileged youth with educatlonal and personal development opportunftles. These 3 NGOS are Chlld Action'5 I?1 project implernentstion partners: Doorstep School Toybank 3. Apnalaya As poor famllles mlgrate to urban cltle5 suth as Mumbal In searth of worL they setue Into shelters on grounds they do not own. face the risk of e4lrtlon and are often mi5sin8the cmdal papers th need to a¢$ servlces, such as blrth rtIfiCateS and re51dentlal papers. For those who overcome these Identity barriers, the cost of schoolln8 Is prohlbrtlve, the walk to the nearest sch<1 Is often long and fvll of hazards to theSr health and personal safety, and thildren of famllles Il¥On8 In Informal settlements are not always welcome in Schools. As they stru88le to put a meal on the tsbl¢ %hooling Is low on the prlority list and many seTha chlldren to work Instead. A network of support SV5tem5 are requlred to help thlldren to owcome these seemln8ly Insurmountable hurdles. Our vlslon 15 to supp)rt preventatlve strategles whlch ensure that mar¥lnallsed d15empoweTed ¢hlldren are Blven the same opportunltles as the general population. with the ultimate outcome of self-rellance and self-sufficlencv. The charltls work reflects the passlonate commltment of the trustees to preserve and protect physical and psycholo8lcal health and wellbein8 by assistin8 in the provtsion of fadlltles, support servlce5 and equlpment not normally provlded by the statutory authorltles.
In Indla.. To ampllfy the work of al enireprerwjrs ano NGOS already womng to Irbryease access to knowledge, education and personal development opportunlties for mafglnalised children. In the UK.. To f05ter empathy and understandln8 of the challen8es faced by poor eornmunltles In Indla. and empower young people with entrepreneuri?I skills to help bring about posthte change. Raising Awareness.. Providing a Yac¥ In the UK for its partner NG05. helplng them to 'package' thelr projects and impart reports In tern which a easity understotyj by supporters. Rai$inB Funds: Remlttln8 between £50,( and É7S.(x(Il annum to support selected pro8rammes or8anised and run by each of our pather NGOS. We have referred to rhe 8uklan¢e contalned In the Chartiy Cornrnlsslon's general BuidaTKe on public benefit when reviewlng our alms and oblectlves and In plannln8 fvture actl¥ltle5.
Child Actl lor the Yr Efided 31 O¢lobw 2025 ACHIEVEMENT5 AND PERFORMAIICE Child Actlon has Issued more than £816.(MX) In donatlons 8rants for education and personal developmènt projects 51nce 2010. Sharma and her husband Professor Sanjay Shamia have personalfy contributed a substantlal proportlon of this and the rest comes from trusts. foundatIS. 5tho)b5 and well-wlshers. Thls predomlnantly goes to a trlo of gra55roots NGOS that Sharma was drawn to when she vlslted Mumbal to film an eplsode of Channel 4's YheSe(Tet Mlllionaire." Toybank dlstrlbute5 t¢)y5 and games to chlldren to fadlltate early learnlng throu8h play: at Doorstep Sthool She made a lifetime commitment to fund a bu5 converted Into a 'School on Wheels" for marglnallsed chlldren,. and at Apnatya she has championed the empowemient of young women Ilvln8 on a Mumbai rubblsh dump. enablingthem to challerge gender biases and become self-reliant. This year, Chlld Artlon fundlng enabled the followlng NGO partner prwammes: l. Toybank- £50,2931£67.176- 20221 donated. Toybank proYlde5 safe spaces for educat through ploy for children. The funds are used to run Games Llbraries and Play Centre5 In urban Mumbal and In rural areas throu8h partnershlps between Toybank and Manavlok INGOI In the Beed district of rural Maharashtra, and between Toybank and srlIa¥a In the Ahmedna8ar dlstrlct. Our fundin8 provldes ongolng support for core opÈratlons arKI local Ptywer of Play CompeJtions whlch use Innovatlve metrlcs for sportsmanshlp. team work and colkboraum to dedare wlnt)ers. The pandemic changed the operating mo(lel for Toybank. fvndln8 was redirected to desl8n and launth Ploy2Learn Klt of downloadable sebf411re¢ted piaysheets whith could be shared usln8 smartphones and used independently at any time of the day to provide: Meaningful en8agement * home durln8the lockdown Accesslble and 5elf4lrected learnlng withln safe spaces at Ine Stimulating leaming envlronment fostering thtlcal thlnkin8 and problem sofvln8 Opportunlty for nom)al de¥elopment, bullding autonomy and explorotbn Reduclng the severlty of wtentlal trauma caused by fear and uncertalnty Enablin8 CareVer5 to focus on their responslbllltles Promoiln8 OPPOrtunltles fty earty leamlng al responshe car4Mng 2. Doorstep khool-£30O00 {£37AOfy 20W don•t¢d. Education remalns the most critical path to soclal mobiity and the dosures and Testrictlons are having an economic impact on poverty 5trnck familles whlch run the risk that many wlll drop out of school altogether. t)oorstep School brln8s education to the doorsteps of chlldren lfving In challenging arCUmstsn, such as on the street or In slum communfties. Child Action pmwded a Brant for operatlons for Door Step School IDSSI to prowde 2 "Schools on Vlheek" ISOWS) at 4 10(atlons of westem suburb of Mumbal clty. Three locatlons are street side locations and one is in the tribal part of Sanjay Gandhi Natlonal Park, and each SOW looks after up to 125 thlldren.
Chlm Action TfUStees Annual Reyt {¢QTftlnu} for the Year Ended 31 O¢td>ff 2023 FINANaAL REVIEW Thls year, our donatlons totsled £ 71.2061 £105,676- 20221 for new and ongolng wojects supporteil by Chlld Artion. sIn the charity was founded on 21 January. 2010. tt has made a totsl of over £0.8 million charitable donatlon5 as follow5- OAV £5Z.638 OThERS" £14331 TOTAL £816,296 TOYbANK £Y08.127 •8rltish Asian Trnst •*One off donations to grossroots'd7aiitles APIIALAYA £140.655 2010-2023 £300.933 The closlng reserves at theyear-end were £43.725 {2022- W.0371 all In unresthcted fund The charity does not have a reserve polky as tt does caTri any ty4erhead. Fundralsing artlvlties are sponsored by trustees Seema Sharnia and Son Sharnia so that all funds ralsed are Used for Chlld Arlion's charitable work on the grouTrJ In Indla. oi In UK schools. The Trustees monitor funds on an ongolng bas15 In 118ht of recognlsed rfsks and also conslderthe exient to whith artivltie5 should be planned. extended or modlfled 35 clrcurnstances arlse. We are grateful to all OUT donors and sUPPOrtefS a speclal mentlon forthe support we have recelved from re8ular and new supporters, and from our youth ¥oluntews.
The Hemraj Goyal Foundatlon IHGFI have supported the work done by all thTte of our NGO partners slnce 2016, and donated funds to wrchase a second School on Wheels wlth Doorstep sd01 In 2019. commlttlng to ongoln8 funnlng costs. Thls doubled our reath and Impact at Doorstep School, enablln8 US to support the ongolngeduotbon of up to 250 chlldren. Thls year we were 8rateful to retelve £3SK from HGF The Mlllary Givin8 Fund have supported Toybank and Doorstep 5th001 slnce 2019. Davld Mlllary vlsited our project5 In Mumbal In February 2020 to aSS&s how best to tsoet future support, with a partlcular focus on using tethnology to deliver edUcaon and opportunltle5 foryouth more effert1VeY. This year fundlng h35 been delayed as we had to re8L8ter wlth CAF Amerlca to receive fund¥ and they are expected in January 2024. Sorah Hodgson of Accountirt8Solutlons London and Malta. who has 8enerousfy prIded probono accountlng SeiCe$ for thikl Attion slnce 2(N)9. Last but not lèast W4 ar• vary gr•tehJl for the onRolngsupport we rffelve from ou¥ 4 youth ambassadors, Anughka Sharma, 5hlv8nl Shamia. Nlkhil Bahal and Esha Bahal. help to showcase the wort we have been doSng with our partner Organitions.
Ild Actlon Tru¢e$ Annual Ileport Iconllnved) forthe Year Ended 31 October 2023 The trustee5 are committed to 5ecuTin8 on8olng fundingto faolikte the delelopment of tsnglble and intangible Infia5tructures to SUPPOrt thlklren and thelr parents. Ra151ng funds Three key themes wlll contlnue to be central to fundraisln8 efforts:
Major donofS- consolldating relationships wlth 8rant makln8 organlsatlons and Indl¥ldual donors through pro8re5s reporting and opportunltle5 to Visit work forthemsefves . Trusts and Foundatlons~ harnessing the on8oln8 SUPPOrt of more suth or8anlsatTrons Indlvldual fundralslng - generatin8 a strong base for raislng funds online through portals suth as Global Glvln& Just8ivln8 and CAF Amerlg. Ra1 Awaren Three key themes wlll contlnue to be cwtral to awareness rawry aclfvltles: Collaboration-workln8 wlth indlvidual donor5. trusts and foundations. 5pon50red events- wldenln8 the slze of our supporter base and generatln8 wfider Interest in the ¢harltV$ progiammes through networkln8 fundraisers. Enterprlse4Chan8e.com contlnulng to Insplre youth in UK schools wlth our onlinè resource. Produced In collaboratlon wlth the Brftlsh Aslan Trust l a Prlnc¥s Charltyl, whlch provldes educatlonal resources for teachers about Mumbal slums and Insplres thlldren to make a dlfference on the global staBe. Doorstep Sthool The launch of our replacement bus to sefve 135 chlldren fr(¥n a trlbal community comes wlth an ongolng commltment to malntaln the School on Wheels. IN 2019 The HemraS Goyal Foundation launched an HGF branded School on Wheels In collaboration with Child Artion. The oJrrent cost of maintainln8 two SOW'515 £30,OOOlannurn - £1201¢hild/annum. Toyb•nk Bulldln8 on the success of the past 10 years, Chlld Actlon would Ilke to support a $115t4inable fundln8 Strearn for "learnin8 through plaf opportunlties In Mumbal and rural Mahara5htra. Toybank ts now looklng after 78.C chlldren and over S.GW teachers across 7 active dlstrkts In Maharashtra. We hope to contlftue to secure re8ular fundln8 of £30,C(Qlannum for our work wlth them. Recent supp)rt through the Global GMn8 portal has boosted our fundralsln Apnalaya There are many proyammes in Apnalaya'5 Inte8rated Community Development model. Child Actlon funded core operatlms to strengthen the NGtrs capaoty at the beginnin8 of our partnership in 2010, then went on tQ 5UPPOrt pilots whith. Ffsuccessful, would attra¢t In$dtIonal fundin& These indude the Owllenger Progromme for disabled thlldren12(YJ9-20161. Adopto MoU*r12016-20181 whlth hames5es rnobile technology to improve healthcare dellvery and for new-bom chlldren. and schoolhell12ol9-2o2lI whlth empowers adolesnt 8irls to stand on their own feet. Although we are narrowing our focus to thefomier 2 NGtrs we are proud of the work we have done with Apna1. Rotary Our trustee Seema Sharma has been supportlng a team of Rotarians to pilot ILM Ilnstitute of Leadership & Management) leadership programmes for adde5¢ent chlldren in the UL Working with Rotary aubs will extend awareness of ourwork to a more Éntemational audien. The Trustee5 look forward to buildin8 on exbUng relatioftslmps and dloping nèw ones.
thlld Artlon Trustees Annual Report Icontinued) for the Year Ended 31 Octobw 2023 RESPOIISIBILMES OFThE TRIJSTEES The trustees (who are also the directors of Child Action for the purpose5 of company law) are responslble for preparlng the Trustee5 Annual Reptyt and the finaThth statem¢nts IA accordance wth applicable law and re8ulatlons. Company law requlres the trustees to prepare finandal ststents for eath Ilnandal year. Under that law the trustees have elected to prepare the financial statements In accordance Unr(ed Kln8dom Gènerally cepted AccountSng Practice (Unsted Klngdom Accountingstsndards arKi applicable lawl. Under company law the twstees must not approve the financial ststements Unl they are satisfied that they 8lve a true and falr vlew of the state of affairs of the charitable company and the Income and expendlture of the tharltable ¢ompany for that period. In preparln8these flnancial statemts. the trustees are required to: select suttsble accountlrq policies and then apply themconsIsll¥. observe the methods and pflrKbples In the CharltlesSORP: make judgents and accourrtln8e51imates thai are reasonable and prudenl: state whether appllcable UK Accountln8Stsndards have been followed. sublect to any materlal departures dlsclosed and explained In the finandal ststements; prepare the financlal statements on the 8olr6 ¢onc¢m basbs unless It15 Inapproprlate to presume that the charltablè compami wlll contlnue In opTh. The trustees are responslble for keepi adequate ac(ountlnB records that aTr suffldent to show and explaln the charltable ¢ompanrfs tran5a¢tkons and dlsdose with reasonable aCrac¥ ai any me the financial posltlon of the charitable company and enable them to ensure that the fftnandal statements comply wlth the Companles Act 21Y)6. They are also responslble for safeguardlng the assets of the tharitable company and hence for takl reasonable steps for the prevention and detectlon of fraud and other Irre8ularltles. 17 Pond Road London SE3 OSL Slgned on behalf of theTtee5 Dr S Shamia cfryjteel X)24
Child Artion Independent Examinerfs Report to the member5 of Child Action for the Year Ended 31 Ortober 2023 I report to the charity tr¥Jstees on my examination ofthe financial statements of the company for the year ended 31 October 2023. RESPONSIBILrnES AND BASIS OF REPORT As the charlS trustees of the Company Iwho are also the dlrectors of the company forthe purposes of company lawl you are responslble for the preparatlon of the finandal statements In accordance wlth the requirements of the Companies Act 2(K6 1.the 21J)6 Acri. Havin8 5ath5fied myself that the financial 5taternents of the CoMnY are not requlred to be audlted for thls year under Part 16 of the 2¢))6 Act and are eligible for Independent examination. l port in respèct of mv examlnatlon of your charfty's flnanclal statements a5 tarrfed out under sertion 145 of the Charltles Act 2011 I'the 2011 ACVI. In carrylng out my examlnailon, I have followed the DlrectJon5 olven by the Charity Comm155lon lundersectlon 1451Sllbl of the 2011 ACL INQEPENDENT EXAMINERS STATEMEiir I hove completed my examlnatlon. I conftrm that no material matters have come to my attentlon which gives me cause to belleve that.. accoyntlng records were not kept In accordance wlth sertlon 386 of the Cornpanles Act 2L))6: or the firan¢ial statements do no accord with such records.. or the financlal statements do not comply wlth relevant accounting Qu1MentS under sectlon 396 01 the Companies Act 2C4)6 other than any requ4ment that the accounts give a'true and fairf view which is not a matter consldered as part of an Independent examlnlon,' or the finantial 5tstemènts have not been prepared in accordance wlth the CharltSes SORP IFRS 1021. sarah l Hod8son FCA Independent examlner Accounting Solutions London & Malta Ltd 154 Pentonvllle Rd London N19JY -.2024
Chlld Actlon statement ol An•Klal Athllies (InCOrngthe Incm and Expwmiityre Acwrt) the Y•r Ended 51 ortober 2023 Unrestricted Re5Cted Funds Funds Total Funds 2023 Total Funds 2022 IIICOMING ResouAcES Incomlng resources from gerffttlng fund.. Voluntary Income Investrnent Income 7LX 71.206 120,001 12 TOTAL INCOMING RESOURCES PESOURCES EXPENDED C05t of senefatlng funds.. Admln and fvndralsln8 15251 {7111 (5251 Charltable expendlture: Prolea funds Governance costs 1105,6761 11,2001 516 180.7931 11,2001 180,7931 11,2001 107 TOTAL RESOUCRES EXPENDED 15251 {10.7871 111.3121 12,414 NEr iourGOINGVINCOMING PESOUftCES FORTHE YEAR 42,623 Total funds Iught forward 55.037 55,037 10,787 Transfers 110.787) FUND BALANCE CARRIED FORWARD The Statement of Knancl31 ACUVIt Indu(les all 8alns and losses In fv perlod and therefore statement of totsl recogni5ed galns and losse5 h•s not been prepared. All of the above amounts relate to contlnultw a¢tMlies. io
Chlld Action Balance Sheet forthe year Ended 31 O¢tober 2023 2023 2022 CURRENT Awrs Debtor5 Cash at bank TOTAL ASSETS 43.ns 55,037 CREDITORS Amount5 fall1 due wlthln one v io TOTALASSETS LESSCURRENT IIABILifiES FUNOS Restrlcted Income funds Unrestrlcted income funds TOTAL FUNDS li li 72 The company was entkled to exemptlon from auth urKler $477of the cOmp0eS kt 26 TdatIt0 small companlek The members have requlreil the COM to obtaln wdf( In cordancewiih sectkn1476 ofthe Companles Act 2006. The dlrector5 acknowledge thelr responsibllfty for Conw1nl74tth the reQuIrerrw0I the Companles Att wlth re5pKI to attountln8 re£ords and the preparatlon of flnandal statem•)t These flnancial statements have been prepared In aCcOrdae wlth the ffishins applkable to small companles subject to the sm411 companles re@Ime and In accordance wlth FRS102 SORP. These flnanclal statements have been apprtyd tythe mb¥S ofthe commlttee on their b•hatf nd are signed on DR S SHARMA ..2024 Company Re8iStration Number. 07061x172 The notes ¢)n pages 12 to 14fiYm part of these finantial statemen
Chlld Artlon Note5 to the Flnandal Statements for the Year Ended 31 Octthr 2023 ACCOUPrnMG poLJaES Basis of ¥counlln8 These accounts have been prepared under the hlstorlcal cost convention wlth ftems recoBnised at cost or transactlon valve unless otherwise stated In the relevant notes to these accoun The accounts have been prepared in accordano with the Statemer)t of Recommended Practice.. Accountln8 and Reportin8 by Charitles preparlng their accounts in accordance with the Flnancial Rep)rting Standard applioble in the UK and Republit of Ireland IFRS 1021 Issued on 16 July 2014 and wrth the Charities Act 2011. The tharfty constrtutes a public benefit entity as defined FRS 102. All Incoming resources are Induded in the statement of finanaal actlvitles when the thafity is entltled to the Income and the amount Can be quantkfied with reasonable accurary. The followln8 specifk policies are applled to the partlcular categories of Income.. Voluntary Income Is recdved by way of donathons arKI 8lfts and Is induded In fvll In the Ststement of Nnancial Acilvltie5 when rece¢vable. Glft Ald recefvable Is Included in Irmme when there 1$ 4 alkI dedal30 from the donor. Any Glft Ald amount recovered on a donationls considered to be part of that gfft and ts treated a5 an addltlon to the same fund as the Inltlal donatlon unless the dfflor or the temis of the appeal ha¥e spedfieil otherwlse, Donated servlces and facilitles are Induded at the value 10 the tharlty where thts can be qu¥ntlfied. The value of servlces provlded by vduntetrs has not been IrKluthd In these accounts. Investment In¢ome Is Induded when receIvale. There has been no offsettln8 of a55ets and Ilabllltles, or IrKome and eyws. unless requlred or pemiitted by the FAS 102 SORP or FRS 102. Fund •¢courtl Unrestricted funds are avallablefor use at the dtscretkn of the trustees In fvrthffarKe of the general oble¢tlves of the charity. Restricted funds are sublerted to letI10T& on their Èxyre IMrSed b¥ the donor or throu8h the tern15 of an appeal. Resourw expended ExpendSture is recc*nised on an accrual basis as a Ilablllty is Incurred. Expenditure indudes any VAT whlth cannot be fully recovered. and 15 repted as part of the eypendltureto whlch it relate5. VOWNTARY IIKOME unreSrt Funds Total Funds 2023 Total Fund5 2022 Funds 112.551 6,250 tjonations recelved Gift Aid OthÈr Income other voluntary Incom accountancy 70,Ot6 70.6 1.200 1.200 7LZO6 7L206 120,001 12
Child Actl Note5 to the Nnandal Ststements. for th• Year ErKled 31 October Z023 INVESfME14f INCOME Unrestricted funds Total Funds 2023 Totsl Funds 2022 Funds Other Interest receivable FUMDRAISIIIG: OThERcosrs UnrÈstrkt•d Funds Restrlcted Total Funds Funds 2023 Total Funds 20Z2 Fundralslng actlvlty Support costs 525 525 711 52S 525 711 Unrestrlct Funds Restrlcted Funds Totsl Funds 2023 Totsl Funds 2022 105,676 Grants and donatlons 80.793 Artlvllles undertaken directly Totsl Funds 2023 Total Funds 2022 Grants and doTratn$ 80,793 80.793 105.676 GOVERIIANCE C05rs Total Funds 2023 Total Funds 2022 Funds Fund5 1.2C A¢countancy Professlonal fees Subscriptiofis 1.21x1 J,2(Kl 1,21XI 1,200 13
Child Actioll Notes to the FIancisI Ststements- eonthiued Ye8r Ended 31 Oets>b¢r 2023 AFF cosfsANDEMOWMENTS NO trustees were pald duringthe year. There werè no fftnployees in the year. DEBTORS: AMOUIITS FALUNG DVE Vrnm OMEYEAR Balance at 31 October 2023 Trade debtors other debtors io. CREDm>R5: AMOUNTS FALUNG IXJÉ wrrHIN ONEYEAR Balance at 31 Ortober 2023 Q¥erdraft RESTftlCtED AND iINREsfRICTED INCOME FUNDS unre5cted Restriaed Balar*ce at Funds Fund5 31 ottober 2023 43,725 General Fund5 12. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestrltted ftestrlctetl Funds Funds Total Net current assets 43,725 43,725 43,725 Total Funds 43,n5 14