Trustees’ Annual Report for the period
From Period start date 5/4/21 Period end date 4/4/22
Charity name: Leap India Foundation Charity registration number: 1138496
Objectives and Activities
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SORP reference
Summary of the purposes of Para 1.17 To provide care and education to
the charity as set out in its children and young adults in rural Andhra
governing document Pradesh who have no other means of
support.
Summary of the main Para 1.17 and Leap provides food, clothing, medical
1.19
activities in relation to those care and accommodation.
purposes for the public Our focus is education and personal
benefit, in particular, the development so that each child can
activities, projects or services achieve their personal best.
identified in the accounts.
Statement confirming Para 1.18 In developing and defining our objectives
whether the trustees have we are mindful of the Charity
had regard to the guidance Commissions guidance on public benefit
issued by the Charity
Commission on public
benefit
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference
The charity’s work is carried out through
Para 1.38 a registered charity in India, Social Action
Policy on grant making for Needy people (SANP).All funds raised
by Leap are transferred to SANP
No investments are held
Para 1.38
Policy on social investment
including program related
investment
No volunteers other than the Trustees
Para 1.38
Contribution made by
volunteers
N/A
Other
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Achievements and Performance
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SORP reference
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| Achievements and Performance | Achievements and Performance | Achievements and Performance |
|---|---|---|
| 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 | Our aim is to provide an education and training to enable the children to obtain secure employment. All the students who graduated last year are now in appropriate employment mostly highly prized government posts. They are now able to help support their families. This has particularly helped girls. They can develop a degree of security and independence which is often denied to women in rural India |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | Our main objective is care and education for the children in our care. This objective has been met |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | Fund raising has been increasingly difficult. We are no longer able to maintain funds at the level we would wish but our aim to end the financial year with a positive balance. This has been met |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | We aim to have a reserve und of £10,000 for unexpected expense |
| Amount of reserves held | Para 1.22 | £14,200 |
| Reasons for holding zero reserves |
Para 1.22 | We do have funds in reserve |
| 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 may not be able to support so many children in the future as fundraising is difficult but confidence is maintained that Leap will continue as a going concern |
| 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 | Unexpected demands on our budget. Flooding, Covid and inflation are great challenges to our finances. |
| 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 invited by invitation |
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 | |
|---|---|---|
| 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 | |
| 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 1 Dempster Road
London SW18 1AS
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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
1
Openshaw
2 Jane Openshaw
3 Thomas Openshaw
Louisa Tribe
4
Openshaw
5 Kirsty Bendahan
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
Director name N/A
Name of trustees holding title to property belonging to the charity
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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 |
|
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
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) Jacqueline Openshaw Full name(s) Jacqueline Openshaw Position (eg Secretary, Chair, etc) Date 29/11/22
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LEAP India Foundation 11384496
Receipts and payments accounts CC16a
For the period 05/04/2021 04/04/2022
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations and legacies received 62,448 - - 62,448 49,609
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
62,448 - - 62,448 49,609
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 62,448 - - 62,448 49,609
A3 Payments
Charitable activities - grants made 48,098 - - 48,098 68,293
Accounting Fees 150 - - 150 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 48,248 ] - - 48,248 68,293
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 48,248 - - 48,248 68,293
Net of receipts/(payments) 14,200 - - 14,200 - 18,684
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 14,200 - - 14,200 - 18,684
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CCXX R1 accounts (SS)
25/11/2022
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Cash at bank Details Details Details Signature |
Unrestricted funds to nearest £ 29,055 - - 29,055 Agreement Error Unrestricted funds to nearest £ - - - - - - Fund to which asset belongs Fund to which asset belongs Fund to which liability relates |
Restricted funds to nearest £ - - - - OK Restricted funds to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - Amount due (optional) |
Endowment funds to nearest £ - - - |
|---|---|---|---|---|
| - | ||||
| OK | ||||
| Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) |
||||
| - - - - - |
||||
| Print Name Jacqueline Openshaw |
Date of approval 27.11.2022 |
CCXX R2 accounts (SS)
25/11/2022
2
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 04/04/2022 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: 25/11/2022 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
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