## **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
**----- Start of picture text -----**
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
**----- End of picture text -----**
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
1