Trustees’ Annual Report for the period
From 05/04/22 Period start date To Period end date
04/04/23
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 | Provision of care and education for impoverished children and young adults in Andhra Pradesh India |
| 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 |
Provision of accommodation , clothing, medical care, food and transport Financing educational costs to a level appropriate for each child and student. This includes higher education to degree level and vocational training |
| 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 Commission’s guidance on public benefit |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | The charity’s work is carried out by Social Action for Needy People. This is a charity that is registered in India. Leap makes regular grants to SANP to fulfil its **aims. ** |
| Policy on social investment including program related investment |
Para 1.38 | No investments are held |
| Contribution made by volunteers |
Para 1.38 | N/A There are no associated volunteers other than thetrustees. |
| Other |
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 |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| 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 | We retain sufficient funds to finance the project |
| Statement explaining the policy for holding reserves statingwhy they areheld |
Para 1.22 | We aim to keep £10,000 in reserve but often cannot raise the funds to do this |
| Amount of reserves held | Para 1.22 | We have donated allcurrent funds |
| Reasons for holding zero reserves |
Para 1.22 | We rely on donations which are inconsistent. If donations are insufficient the trustees make up any deficit |
| Details of fund materially in deficit |
Para 1.24 | N/A We have no deficit although Leap may **have little in reserve. ** |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
| 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 | Donation |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | Leap does not make investments |
| A description of the principal risks facing the charity |
Para 1.46 | Difficulty in fund raising. All our children undertake training or higher education. Leap has had to restrict the intake of new children until the current students have completed their education. |
| 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 |
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 | N/A |
| Relationship with any related parties |
Para 1.51 | N/A |
| Other |
Reference and Administrative details
| Charity name | LEAP India Foundation |
|---|---|
| Other name the charity uses | None |
| Registered charity number | 1138496 |
| Charity’s principal address | 1 Bounty Hall Gwendolen Avenue London SW15 6EZ |
Names of the charity trustees who manage the charity
| 1 2 3 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Jacqueline Openshaw |
Chair | |||
| Thomas Openshaw | ||||
| Jane Openshaw | ||||
| Louisa Tribe | ||||
| KirstyBendahan | ||||
– 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
| Trustee name | **Dates acted if not for whole year ** | |
|---|---|---|
| **N/A ** | ||
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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) J Openshaw Full name(s) Jacqueline Openshaw Position (eg Secretary, Chair Chair, etc) Date 28/12/23
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LEAP India Foundation 11384496
Receipts and payments accounts CC16a
For the period 05/04/2022 04/04/2023
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 30,650 - - 30,650 62,448
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
30,650 - - 30,650 62,448
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 30,650 - - 30,650 62,448
A3 Payments
Charitable activities - grants made 47,810 - - 47,810 48,098
Accounting Fees - - - - 150
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 47,810 ] - - 47,810 48,248
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 47,810 - - 47,810 48,248
Net of receipts/(payments) - 17,160 - - - 17,160 14,200
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end - 17,160 - - - 17,160 14,200
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CCXX R1 accounts (SS)
21/02/2024
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 B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Details Cash at bank Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 11,915 - - - - - 11,915 - Agreement Error 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 |
Endowment funds to nearest £ - - - |
|---|---|---|---|
| - | |||
| OK | |||
| Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval |
CCXX R2 accounts (SS)
21/02/2024
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 04/04/2023 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: 15/01/2024 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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