Trustees’ Annual Report for the period
From 3 April 2021 Period start date To 4 April 2021 Period end date
Charity name Leap India Foundation
Charity registration number:1138496
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To provide care and education for children and young adults in rural Andhra Pradesh who have no parent or relative who can support them. Without support they are at risk of forced bonded labour or child marriage. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
-To provide clothing , medical care and accommodation . -To develop and provide a programme for education and personal development so that each child can achieve this or her potential |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | In developing and defining our objectives, we are mindful of the Charity Commissions’s guidance on public benefit |
Additional information (optional) You may choose to include further statements where relevant about:
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SORP reference
The charity’s work is carried out through
Para 1.38 making regular grants to a sister
Policy on grant making organisation – Social Action for Needy
People – which is a registered charity in
India.
N/A
Para 1.38 No investnents are held
Policy on social investment
including program related
investment
N/A
Para 1.38 No volunteers other than the Trustees
Contribution made by
volunteers
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Other
Achievements and Performance
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SORP reference
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| SORP reference | SORP reference | SORP reference |
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Boys We are supporting 21 boys who attend various schools, colleges and universities. Six boys passed cpmpetative exams to gain places at polytechnic colleges Girls We are supporting 20 girls at school , colleges and universities. During Covid lockdown we provided mobile phones to older children . and students This enable them to access on- line education. Six of our students graduated with university degrees in June 2020 Graduates have obtained well paid work and are able to help support their families. Covid cause great hardship to the village people. We provided vital foodstuffs and supplies , hand sanitiser and masks. Without our intervention many people would not have been able to obtain food. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | We have made progress in building the school although work was halted during the Covid lockdown. Our main objective is to provide support for the children in our care . This objective has been met. |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | Fundraising objective is to finish with a positive cash balance. This objective has been met. The extra expenditure due to Covid has greatly reduced our reserve but we have been able to maintain payments in accordance with the agreed budget. |
| Investment performance against objectives |
Para 1.41 | N/A No investments are held. |
| Other | N/A |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The financial position at the year end is £14,855 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | We aim to keep £10,000 in reserve for unexpected expense |
| Amount of reserves held | Para 1.22 | Our reserve fund was used to fund the increased expenses of the Covid lockdown in India |
| Reasons for holding zero reserves |
Our policy is not to have zero reserve |
We aim to have funds in reserve and aim to build up this fund. |
| Details of fund materially in deficit |
Para 1.24 | No deficit |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A at present We have no deficit and a regular flow of incoming grants and donations. Our main concern is covid. |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Donations |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | The charity does not make investments |
| A description of the principal risks facing the charity |
Para 1.46 | Covid is the principal risk. We will continue to operate to the level of our funding |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust Deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable trust |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees have been appointed by invitation |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | Regular meetings and discussions to understand the roles and responsibilities of being a trustee |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | N/A |
| Other |
Reference and Administrative details
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Charity name LEAP INDIA Foundation
Other name the charity uses Previously called Jacqueline Openshaw Boys’Home
Registered charity number 11384496
Charity’s principal address
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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)
Jacqueline Chair
1
Openshaw
2 Thomas Openshaw Treasurer
3 Jane Openshaw
Kirsty Bendahan
4
5 Louisa Tribe
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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– Corporate trustees names of the directors at the date the report was approved
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Director name
N/A
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
N/A
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Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
N/A |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/A |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/A |
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
J Openshaw |
|---|---|
| Jacqueline Openshaw | |
Chair |
|
| 18/12/21 | |
| 18/12/21 |
LEAP Indla Foundation 1138449fj CHARITY COMMISSION | FOR ENGLAND AND WALES Receipts and payments accounts CC16a For thÈ period 05n4r2020 04104r2021 Section A Receipts and payments Unrestricted funds Restricted lunds Endowment funds Total fund8 Last yeaf A1 Rgc•lpts Donabty)s and IwJ8dés 76,750 Sub tolal(Gmss incom for AR) 70.710 A2 A•o•t and Inv••lmgnt 1•, (••• table). Sub total 49,809 75,760 A3Pa m•nts Chantsble pctiv*s- 293 57,611 Sub total 18,293 293 57.61• A4 AM•t and In¥tr•nI tabl• Sub total 68,293 57.618 Net 01[paents} . AS Transfor8 b•tween fund• A6 Cash funds last year •nd Cash funds Ihis yearend 18.fj84 18,132 18.684 18. 18.132 CCXX R1 amnts ISSI 29112r2021
Section B Statement of assets and liabilities at the end of the period Unrestricted funds ¢0 rthirest£ Restricted funds Endowment fvnds to ne8re¥t £ Catggories Details tr• neate 81 Cash funds Cash al bank 1485S Total cash funds 14.855 xrfs}I Unr8Jtricted fund# Endowment fund$ lund$ to nearest É Detslls to neareJl£ Fundto whl¢h Cvrr8ntvalue Details Cosi IonI1) B3 Investment assets Fundtowhlch asBetbelo Curront valu• onal Details Cost{opUcnal} B4 Assets retalned for the charity's ovm use Fundtowhich Alrurl du• n81 Vth•n due lonal B5 Llablllttes zaae SwJned by or Iruslees on bahaff of all the trustees Print Name Date of roval S&nature C)f -BWS14 CCYX R2 accounts ISSI 29112r2021
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name LEAP India Foundation members of On accounts for the year 04/04/2021 Charity no 11384496 ended (if any) Set out on page 1 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 04/04/2020. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report 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 I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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.
Signed: Date: 29/12/2021 Name: Timothy Richard Michael Povey Relevant professional Institute of Chartered Accounts in England and Wales (ICAEW) qualification(s) or body (if any):
Address: 57 Canbury Park Road Kingston KT2 6LQ
Oct 2018
1
IER