**Oscar India Limited:** Company number 07914440, Charity number 1149486 ## **Trustees' and Directors' Report for the year ended 31st January 2025** Charity name: Oscar India Limited Other names charity is known by: None Registered charity number: 1149486 Company number: 07914440 Charity's principal address: 43 Loder Road, Brighton, BN1 6PL ## **Names of the charity Trustees** _**/**_ **Directors who manage the charity** - Crispin Simon - Chair - Stuart Christie - Alice Lewthwaite - Cosmo Lush ## **Trustee / Director who stepped down during the period** - Nigel Haunch - resigned 15th April 2024 - Prajakt Samant - resigned 7th May 2024 ## **Description of the charity's trusts** ## **Type of governing document:** Memorandum and Articles of Association ## **How the charity is constituted:** Company limited by guarantee ## **Trustee selection methods:** Appointed by proposal to the Board at either a full or specially convened Board meeting or conference call and requires a majority vote in favour. ## **Additional governance Issues:** The charity works closely with OSCAR Foundation - a not-for-profit organisation registered in India. However, the two organisations are not under common control and have no legal ties. ## **Summary of the objectives of the charity as set out in its governing document (Our Purpose)** To act as a resource for young people up to the age of 25 living in India, by providing advice and assistance and organising educational and other activities as a means of (a) advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals, (b) advancing education, (c) relieving unemployment and (d) providing recreational and leisure time activity in the interest of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances, with a view to improving the conditions of life of such persons. Governance is exercised by a board of 4 Trustees who have experience and knowledge of the charity and football for good sector, governance, safeguarding and fundraising. The day-to-day management of the charity is handled by the trustees and a voluntary group of advisory board members. The Trustees are directors of the company. OSCAR India raises funds in the UK to support the development of sports and education projects in India delivered by Oscar Foundation, a separate NGO based in Mumbai, with its own governance structure and Board. The Trustees and volunteers from the UK regularly visit India to train up and support young people from OSCAR Foundation and other partner organisations to become young leaders and to help them to develop their sports and education programmes. As part of the training programme, coaching equipment and resources are supplied to the young leaders and partner organisations. Once trained, the young leaders act as role models in their communities and deliver regular sports, life skills and education sessions in their local communities under the guidance of the organisation they are affiliated to. ## **Additional details of objectives and activities** - OSCAR India's activities in the UK are managed by the Trustees and a team of committed volunteers who help to support fundraising activities. - Trained and student volunteers visit India to help support the delivery and the ongoing support of the young leaders within partner organisations. In making decisions about activities undertaken by the charity the Trustees have taken due regard of the requirement for them to be of public benefit. ## **Summary of the main activities of the charity during the year 2024/25 to carry out its charitable purposes for the public benefit** 2024/25 was a good year for Oscar. We were delighted to continue to work with HRH Sophie, Duchess of Edinburgh as our patron. Funding from the UK supported Oscar Foundation in India in its projects in Mumbai, Daman and Karnataka. We have a new partnership with Edinburgh University which will see a group of Oscar Foundation Young Leaders from India visit the UK in 2025. The Turing visits by UK colleges and schools has expanded seeing over 50 young people visit Oscar Foundation projects India in January 2025. The Board met regularly both online and in person and were joined online by members of the Indian team to provide updates as needed. ## **Football and Education programmes including Community Learning Centres (formerly Digital Learning Centres)** In 2024/5 the unrestricted funds raised by Oscar India in the UK continued to support Oscar Foundation in India’s core football and life skills programs. These programs continue to be run in Mumbai, Karnataka, Daman and Rajasthan. Over 9000 children participated in programs across these locations. They continue to train Young Leaders from participants who then help run football sessions, building their coaching and leadership skills. More information about the impact of Oscar Foundation’s work can be found in their impact reports - https://www.oscar foundation.org/about/transparency/ Oscar Foundation in India continues to partner with Manchester City Football club and this year they were involved in their ‘Healthy Goals’ program supporting young leaders, Oscar India provided match funding to support this program. Community Learning Centres (formerly known as Digital Learning Centres) are safe spaces that Oscar Foundation creates in the communities they work within as safe spaces for children and youth where they can learn, grow and develop essential skills with a particular focus on digital literacy. ## **Child Sponsorship** Child Sponsorship continues to be a core programme for us with 112 (vs 120 at end of 2023/24) children now being sponsored including 12 with disabilities by one donor. We continue to offer child sponsorship opportunities to those outside the UK, particularly in the USA via Global Giving. Once again, our move to payment by direct debit has ensured very little attrition of sponsors during the year and child sponsorship accounting for c29% of the total funds raised. ## **Disability Project** Restricted funds were donated to Oscar Foundation’s Enabling Change disability project. This aims to supporting children with disabilities from across Mumbai to participate in football and life skills sessions. The sessions are designed to be inclusive for children with hearing, speech, visual impairments and learning disabilities. ## **Schools Tour** The Schools Tour 2023 was a great success. There is always some lag in collecting the total amounts fundraised by each of our participatory schools so restricted funds relating to this tour continued to be sent to India during 2024. ## **Female Gender Projects** Since its foundation Oscar Foundation has been striving to improve equality for girls in low-income communities. Oscar India continues to raise donations for their female gender projects. ## **Alumni Programme** The Oscar Foundation and Oscar India teams are committed to understanding the long-term impact of participation in Oscar Foundation programmes. To enable this Oscar India has raised funds to support the Alumni Connect Programme which enables alumni of the programmes to come together and get support on their personal and professional development. ## **International Young Leaders Programme** To support fundraising and logistics on the schools tour we have an OSCAR International Young Leaders programme. This provides a forum for young people from the UK schools that the Indian young people visit, who want to be more involved in raising funds and developing as a young leader. The International Young Leaders supported fundraising and a number of them took on physical challenges to raise money for Oscar. ## **Gap Year Volunteers** This year we have had 8 volunteers visit India from the UK, a mix of GAP year students as well as Teachers from the schools who have hosted our UK Schools Tours previously. The volunteers raise a minimum of £1500 before they go to India. Whilst in India they work with the Indian team coaching football and teaching English. We have been delighted that many of our past volunteers have continued to be supporters and fundraisers of Oscar since their experience in India. ## **Fund Raising** Fundraising this year has focused on fundraising by individuals, child sponsorship, volunteers and through three group ‘challenge’ events. Total donations for the year were £236,936. ## **Advice & Skills** UK based Trustees and volunteers use their skills and expertise to help build capacity in the Indian team to support quality delivery of programmes in India. Over the year UK Trustees continued to advise on Monitoring and Evaluation, Safeguarding, Football and Life skills content and fundraising, strategic plans both in person on their visits or via online meetings and calls. ## **Trustee Team** Nigel Haunch, Radhika Seth and Prajakt Samant stepped down in 2024. There are no plans to appoint any new Trustees. ## **Looking forward to 2025/6** 2025/6 will see another UK Schools Tour for young people coming to the UK from India in October. We expect to continue to have Turing scheme visits from UK schools and colleges to India as well as individual volunteers. We will see our first visit under our new partnership with Edinburgh University of Young Leaders to the UK in the summer. We are expecting revenue / donations to be broadly in line with 2024/5. ## **Brief statement of the charity's policy on reserves:** In 2020 the charity implemented a formal reserves policy, and the agreed reserves funds are clearly shown as a separate balance sheet item and require Board approval to be accessed for the specific exceptions outlined in the policy. This policy was updated by Nigel Haunch, Trustee, and approved at the November 24 AGM. An Internal Financial Controls Policy has also been implemented which was signed off by the Board on 16th January 2023. ## **Other Policies:** The Privacy policy was updated and made available on the Oscar International website. A Social Media policy was introduced. ## **Details of any funds materially in deficit:** None The Trustees _/_ Directors declare that they have approved the Trustees' and Directors' Report above. Signed on behalf of the charity's Trustee _s/_ Directors - 26th May 2025. Alice Lewthwaite – Trustee & Director **Oscar India Ltd. Charity Number: 1149486 Company Number: 7914440** Registered Number: 7914440 ## **Unaudited Financial Statements** **For The Year Ended 31[st] January 2025** **For** **Oscar India Ltd.** Oscar India Limited. (Registered number: 7914440) Contents of the Financial Statements For The Year Ended 31[st] January 2025 **----- Start of picture text -----**
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2 ## Oscar India Limited ## Company Information For the Year Ended 31[st] January 2025 ## **Names of the charity Trustees** _**/**_ **Directors who manage the charity** - Crispin Simon - Chair - Stuart Christie - Alice Lewthwaite - Cosmo Lush ## **Trustee / Director who stepped down during the period** - Nigel Haunch - resigned 15th April 2024 - Prajakt Samant - resigned 7th May 2024 ## **Registered Address:** 43 Loder Road Brighton BN1 6PL **Registered number** : 7914440 (England and Wales) ## **Charity number:** 1149486 3 _The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP._ The financial statements were approved by the directors and authorised for issue on the 1st June 2025 and were signed by: Ms Alice Lewthwaite – Director & Trustee 4 oscar India Limited (Company Number 79144401 Income and Expenditure Account for the year ended 31st January 202S 2025 2024 Income Donations to restricted funds Donations to unrestricted funds Income from charitable activities 14S32 222404 152180 120077 148451 420708 236936 Expendlture Expenditure on charitable activities Expenditure on raising funds General expenses 254754 38994 286424 81130 7134 4192 3￿882 371746 Excess of Income over expenditure Total funds at 1st February 2024 Total funds at 31st January 2025 -63946 145597 48962 96635 81651 145597 Oscar India Limited (Company Number 7914440) Notes to the Accounts l. Bas15 of Accounting and AccountinB Policies These accounts have been prepared under the historical cost convention wrth items recognised at cost or transaction value unless Otherwise stated in the relevant note{s) to these accounts Income is Included in the Income and Expenditure account when the Compary becomes entitled to the resources, it is more likely than not that the Trustees will receive the resources and the monetary value can be measured with sufficient reliability GTrft Ald receivable is included In income when there Is a valid declaration from the donor. Any Gift Aid amount recovered on donation is considered to be part of that Bift and is treated as an addition to the same fund as the inrtial donation unless the donor or the terms of the appeal have specified otherwise Liabilities are recognised where it is more likely than not that there Is a legal or constructtve obli8ation comrnittin8 the Compary to pay out resources and the amount of the obliBation can be rneasured with reasonable certainty Tangible fixed assets are capitslised if they can be used for more than year and cost at least £50. They are valued at cost and depreciated over three years on a strai8ht line basis Debtors (Including trade debtors) are measured on Inltial recognitlon at settlement amount after any trade discourbts. Subsequently they are measured at the cash or other consideration expected to be received 2. DebtOf5 2025 2024 Trade debtors Prepayments and accrued income Sundry debtors 29788 8902 8110 66 8176 Oscar Indla Llmlted (Company Number 7914440) Notes to the Acc￿nts 3. Cr•dttors 2025 2024 Sundry creditors Accruals and deferred income 1684 $830 7514 1684 5830 7514 4. Fund% 2025 1024 R•strlct•d: Balance as at 1st February 2024 Income 3S738 14532 S2933 152180 Expendlture Transfers Balance at 31st January 2025 -16110 -171236 S118 1861 39278 35738 lknr•strf¢t•d: 8alance as at 1st February 2024 Income Expendlture Transfers 109859 43702 222404 268528 -284772 -s118 -200510 -1861 Balance at 31st January 2025 42373 1098S9 R•prnsent•d by: Di8ltal Learnin8 Centre Disablllty Project Female GendLY Projects Schools Tour Other Non-dlstrlbutsble Reserve 2495 1334 5275 4809 11508 959S 2c￿0 39278 35738 General Unrestrlcted Chlld Sponsorshlp Other 13983 27508 68214 40763 882 42373 882 1098S9 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/directors/ Oscar India Limited members of On accounts for the 31[st] January 2025 year ended** **Charity no.: 1149486 Company no.: 7914440** **Comprising the Statement of Financial Activities, the Balance Sheet and Notes 1 to 29** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31[st] January 2025. **Responsibilities and** As the charity’s trustees of the Company (who are also the directors of the **basis of report** company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act. **Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention (other than that disclosed below *) which gives me cause to believe that: • accounting records were not kept in accordance with section 386 of the Companies Act 2006; or - the accounts do not accord with such records; or • the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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; or •the accounts have not been prepared in accordance with the Charities SORP (FRS102). **October 2018** 1 **IER** 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:** 24[th] April 2025 **Name:** Swagatam Mukerji **Relevant professional qualification(s) or body** Fellow of The Institute of Chartered Accountants in England and Wales **(if any): Address:** The Peacocks Drews Park Beaconsfield HP9 2TT ## **Section B Disclosure** **Give here brief details of** There are no material matters of concern items which require disclosure. **any items that the examiner wishes to disclose** . **October 2018** 2 **IER**