2024-03-31-accounts - Children Promotion Society Orphanage Nepal

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 04 2023 To 31 03 2024

Section A Reference and administration details

Charity name Children Promotion Society Orphanage Nepal

Children Promotion Society Orphanage, Children Promotion Other names charity is known by Society Nepal, CPS Nepal, CPS Orphanage, CPS Orphanage Nepal, CPS Registered charity number (if any) 1137324 ~~ee~~ Charity's principal address Avalon Station Road, Longstanton Cambridge Postcode CB24 3DS

Registered charity number (if any) 1137324

Names of the charity trustees who manage the charity

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|||||| |---|---|---|---|---| |Dates acted if not for whole|Name of person (or body) entitled| |Trustee name|Office (if any)| |year|to|appoint|trustee|(if any)| |1|Karen Chamberlain| |2|Julia Adams| |3|Jan Hall| |4| |5| |6| |7| |8| |9| |10| |11| |12| |13| |14| |15| |16| |17| |18| |19| |20|

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Names of the trustees for the charity, if any, (for example, any custodian trustees)

~~———————~~ Name Dates acted if not for whole year

TAR

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

(eg. trust deed, constitution)

Trust Deed

How the charity is constituted

(eg. trust, association, company)

Trust

Trustee selection methods

(eg. appointed by, elected by)

Founding trustees

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

To relieve the poverty and advance the education of orphans in Nepal in particular but not exclusively, those at the CPS Orphanage by the provision of facilities and financial assistance.

TAR

The purposes of the Children Promotion Society Orphanage Nepal (CPS Nepal) are to relieve the poverty by providing for the physical needs of the children who live at the orphanage and to advance their education. In order to achieve these objectives, CPS Nepal has funded the costs of house rental, utilities, food and staff to care for the children. In addition, it has met the costs of health and dental care. CPS Nepal has funded the cost of school fees, school registration, all books and school uniforms for the children.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

CPS Nepal has advanced education by commencing a bursary scheme for local children living in poverty who have not been receiving a suitable education. It has funded the cost of school fees, school and exam registration, books, uniform and shoes.

The trustees have taken the Charity Commission’s guidance on public benefit into account when making any decision it is relevant to.

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

TAR

Section D Achievements and performance

Summary of the main achievements of the charity during the year

During 2023/24 CPS Nepal continued to provide funds to care for and educate the 18/16 children living in the orphanage house. There were 14 school students and 4 college students, 2 first-year college and 2 second-year college. The 2 second-year college students completed their college exams in April 2023. Both also reached the age of 18 and have been signed off by CPS Nepal. CPS Nepal provides funding for 2 months living expenses for these leavers enabling them to find employment and become self-sufficient. CPS Nepal has continued its bursary programme for 8 local children who are living in poverty to enable them to access a good education.

3 trustees were able to visit in person in October 2023.

The majority of CPS funding is by regular donors who have continued their support. Various fundraising activities have also been undertaken eg felt sales.

In this accounting period, there was a profit of £1,976.

CPS Nepal has always ensured that there is a healthy reserve of funds to cover 2 years’ expenditure in case of unforeseen emergencies, this reserve fund totalling £59,378 as at 31/03/2024.

CPS Nepal has sufficient reserves to continue. Fundraising activities have continued during this accounting period. The trustees are confident that CPS Nepal is able to continue to fulfil its objectives and activities as set out in its governing document.

TAR

Section E Financial review

Brief statement of the

Brief statement of the CPS Nepal maintains an appropriate level of reserves (£59,378 charity’s policy on reserves in 2023/24), equivalent to approximately 2 years’ running costs, to cover the possibility of fluctuations in donations and to cover any unforeseen contingencies.

Details of any funds materially

in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

CPS Nepal’s principal source of funds is private donation.

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

The aims of CPS Nepal for the future are to continue to provide for the physical needs and education of the 16 children who reside at the orphanage.

CPS Nepal will continue to fund bursaries for the 8 children already receiving assistance.

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Karen Chamberlain Position (eg Secretary, Chair, Treasurer etc) Date 31/01/2025

TAR

Section A Receipts and payments A1 Receipts	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ Period end date 01/04/2023 31/03/2024 Charity Name No (if any) CC16a CPS Nepal 1137324 Receipts and payments accounts For the period from Period start date To ee ee ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ Period end date 01/04/2023 31/03/2024 Charity Name No (if any) CC16a CPS Nepal 1137324 Receipts and payments accounts For the period from Period start date To ee ee ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ Period end date 01/04/2023 31/03/2024 Charity Name No (if any) CC16a CPS Nepal 1137324 Receipts and payments accounts For the period from Period start date To ee ee ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ Period end date 01/04/2023 31/03/2024 Charity Name No (if any) CC16a CPS Nepal 1137324 Receipts and payments accounts For the period from Period start date To ee ee ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ Period end date 01/04/2023 31/03/2024 Charity Name No (if any) CC16a CPS Nepal 1137324 Receipts and payments accounts For the period from Period start date To ee ee ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ Period end date 01/04/2023 31/03/2024 Charity Name No (if any) CC16a CPS Nepal 1137324 Receipts and payments accounts For the period from Period start date To ee ee ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ Period end date 01/04/2023 31/03/2024 Charity Name No (if any) CC16a CPS Nepal 1137324 Receipts and payments accounts For the period from Period start date To ee ee ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ Period end date 01/04/2023 31/03/2024 Charity Name No (if any) CC16a CPS Nepal 1137324 Receipts and payments accounts For the period from Period start date To ee ee ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ Period end date 01/04/2023 31/03/2024 Charity Name No (if any) CC16a CPS Nepal 1137324 Receipts and payments accounts For the period from Period start date To ee ee ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ Period end date 01/04/2023 31/03/2024 Charity Name No (if any) CC16a CPS Nepal 1137324 Receipts and payments accounts For the period from Period start date To ee ee ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ Period end date 01/04/2023 31/03/2024 Charity Name No (if any) CC16a CPS Nepal 1137324 Receipts and payments accounts For the period from Period start date To ee ee ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ Period end date 01/04/2023 31/03/2024 Charity Name No (if any) CC16a CPS Nepal 1137324 Receipts and payments accounts For the period from Period start date To ee ee ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ Period end date 01/04/2023 31/03/2024 Charity Name No (if any) CC16a CPS Nepal 1137324 Receipts and payments accounts For the period from Period start date To ee ee ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ Period end date 01/04/2023 31/03/2024 Charity Name No (if any) CC16a CPS Nepal 1137324 Receipts and payments accounts For the period from Period start date To ee ee ee eee-
Donation				15,771	15,771	-	-	-	-	-	-	15,771	15,771	22,110
Sponsorship				15,568	15,568	-	-	-	-	-	-	15,568	15,568	6,608
Gift Aid				-	-	-	-	-	-	-	-	-	-	106
Interest				1,067	1,067	-	-	-	-	-	-	1,067	1,067	384
FX gain				-	-	-	-	-	-	-	-	-	-	-
				-	-	-	-	-	-	-	-	-	-	-
				-	-	-	-	-	-	-	-	-	-	-
				-	-	-	-	-	-	-	-	-	-	-
*Sub total*(Gross income for			(Gross income for
		AR)	AR)	32,406	32,406	-	-	-	-	-	-	32,406	32,406	29,207
A2 Asset and investment sales, (see table). - - - - - - - - - Sub total - - - - - *Total receipts* 32,406 - - 32,406 29,207 A3 Payments ———~~——~~
Salaries				5,012	5,012	-	-	-	-	-	-	5,012	5,012	4,264
Rent				1,845	1,845	-	-	-	-	-	-	1,845	1,845	2,662
Food/oil				7,640	7,640	-	-	-	-	-	-	7,640	7,640	10,467
Water				1,077	1,077							1,077	1,077	1,104
Light & Heat				400	400							400	400	632
Household products				146	146							146	146	208
Toiletries				350	350							350	350	474
School Fees				8,496	8,496							8,496	8,496	4,772
School Uniform				622	622	-	-	-	-	-	-	622	622	619
School Books				384	384	-	-	-	-	-	-	384	384	949
School Sundries				612	612	-	-	-	-	-	-	612	612	537
Internet				94	94	-	-	-	-	-	-	94	94	136
Medical				110	110							110	110	219
Travel expenses				179	179							179	179	187
Maintenance				-	-							-	-	260
Motor Expense				-	-							-	-	-
Sundry Orphanage Expenditure				2,767	2,767	-	-	-	-	-	-	2,767	2,767	3,995
Bank charges				82	82							82	82	51
Bursary				-	-							-	-	-
FX loss				613	613							613	613	2,189
				-	-	-	-	-	-	-	-	-	-	-
	**Sub total **			30,431	30,431	-	-	-	-	-	-	30,431	30,431	33,725

A4 Asset and investment purchases, (see table) - - - - - - - - Sub total [ - ] - - - - ——— Total payments 30,431 - - ~~——~~ 30,431 33,725 Net of receipts/(payments) 1,976 - - 1,976 - 4,518 A5 Transfers between funds - - - - - A6 Cash funds last year end 63,705 - - 63,705 - Cash funds this year end == 65,681 - - 65,681 ~~=>~~ - 4,518 ~~a~~ Section B Statement of assets and liabilities at the end of the period Unrestricted Restricted Endowment Categories Details funds funds funds to nearest £ to nearest £ to nearest £

X R1 accounts (SS)

31/01/2025

Signed by one or two trustees on behalf of all the trustees B5 Liabilities B4 Assets retained for the charity’s own use B3 Investment assets B2 Other monetary assets B1 Cash funds	Signature Details Details Details Details UK Bank Account Nepalese Bank Account Nepalese Cash in Hand *Total cash funds* (agree balances with receipts and payments account(s))	50,877 - 8,501 - 6,303 - 65,681 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Karen Chamberlain	- - -
			- OK
			Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 31/01/2025

X R2 accounts (SS)

31/01/2025

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of[Children Promotion Society Orphanage Nepal ]

On accounts for the year 31/03/2024 Charity no 1137324 ended (if any) Set out on pages 1-2

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 03 / 2024.

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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 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 (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

accounting records were not kept in accordance with section 130 of the Act or
the accounts do not accord with the accounting records

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

Please delete the words in the brackets if they do not apply.

Signed: Date: 31/01/2024 ~~en~~ Name: Stephanie Usher ~~Cs~~ Relevant professional ACCA qualification(s) or body (if any): Address: 6 Tanders Grove Lavendon, Olney MK46 4FN

October 2018

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

The charity holds 18/24 months’ worth of reserves which for the year ended 31/03/2024 accounts is a balance of GBP 59,378 (net of cash in hand). This covers for the average operating costs of the charity and would do so if donations were at nil for over 2 years (donations will not be at nil).

I am therefore happy that the charity is in a strong position to continue.

October 2018

IER