2023-12-27-accounts - Gurkha Peace Foundation

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Chairman's Report for Gurkha Peace Foundation Date:25110/2024 Dear Members, Supporters, and Friends of the Gurkha Peace Foundation, It is my privilege to present the Chairman's Report for the Gurkha Peace Foundation, summarizing our activities, achievements, and the impact we have made over the past year. We have continued our commitment to support education, welfare, and community-building projects both in Nepal and the United Kingdom, all driven by our dedication to the well-being of the Gurkha and broader Nepalese community. The successes we have achieved would not have been possible without your support, and I extend my deepest gratitude for your continued trust and contributions. Education Support in Nepal In alignment with our mission to upLift communities through education, we have provided vital support to several schools across Nepal. Our support has benefited students and educators at the following institutions: 1. Rastriya Adharbhut Bidhyalaya, Suryodaye~4,11am 2. Sitalpati Adharbhut Bidhyalaya, Galkot-2, Baglung 3. Ramthala Adharbhut Bidhyalaya, Myanglung-1, Tehrathum 4. Shanti Namuna Ma. Bi., Maigram-1, Rupandehi 5. Sani Righa Basic School, GaLkot-11, BagLung 6. Mahendra Adharbhut Bidhyalaya, Suryodaye-4,11am 7. Siddi Jyoti Pra. Vi., Chapakot-1, Syangja 8. Bhanu Ma. Vi., Chapakot-1, Syangja 9. Saraswati Ma. Vi., Chainpur-4, Sankhuwasabha 10. Bhagawatl Ma. Vl., Chalnpur-2, Sankhuwasabha Our efforts have gone beyond just funding; they encompass a Long-term commitment to improving access to quality education. This past year, we have extended our support to projects aimed at inclusivity in education, such as providing resources for LGBT students through a partnership with Samanta Ko Lagi Awaj Nepal. Additionally, we provided educational grants to underprivileged students, including Less able Miss Rajani Rai from Khotang, who currently resides in Kathmandu.

Special Assistance Grants In 2023, we extended a mobility grant to Mr. Manoj Sakya from Letang-1, Jante, Morang, to enhance his independence and mobility. We believe in empowering individuals with physical challenges and continue to identify opportunities to support those in need. Community Support Initiatives The Gurkha Peace Foundation remains a steadfast support system for the Gurkha and Nepalese community in the UK. Ourweekly Drop-ln Centres in Ashford (everyThursday) and Folkestone (every Tuesday) have served as a critical resource, providing advice and assistance on various issues facing elderly Gurkhas, their families, and adult dependents. Overthe past year, we have assisted more than 1,000 individuals with their visa transitions from BRP to the e-visa system, refLecting our commitment to aiding with complex bureaucratic processes. Additionally, we have provided interpretation services to thousands of Nepalese individuals ensuring that language barriers do not hinder access to essential services. Emergency Relief Efforts In response to natural disasters and emergencies, we extended an Emergency Relief Package to support those affected in Khandbari, Sankhuwasabha. Our NepaL-based representative has worked tirelessly to coordinate relief and monitor ongoing projects, and to ensure efficient operation, we have supported them with essential equipment, including a laptop to facilitate real-time communication and project tracking. Fundraising Events and Achievements Our community events have been a cornerstone of our fundraising efforts. We successfully hosted the 2023 Dipawali event, raising around £11,000 to support our mission. Furthermore, the annual Gurkha Walkwas a record-breaking success this year, generating an around of £12,000. Both events were marked by tremendous community support and participation, and they stand as a testament to the strength and generosity of our supporters. Acknowledgments and Future Goals As we look to the future, we aim to expand our educational outreach, provide greater resources for marginalized groups, and continue supportingthe Gurkha community both in Nepal and the UK. We remain committed to fostering an inclusive environment and addressing the needs of our elders, veterans, and youth. l extend my heartfeLt thanks to aLL our members, volunteers, donors, and partners. Your unwavering support and commitment enable us to carry out our mission and make a tangible difference in countless Lives. Let us continue to work together in the spirit of community, service, and peace.

Thankyou for being a part of the Gurkha Peace Foundation. With Gratitude, Bhi bahangphe Chairman, Gurkha Peace Foundation 1nfo@gurkhapeacefoundation.org

REGISTERED CHARITY NUMBER: 1151316 ort of the Trustees and Unaudilcd FinanLial Stalemenls for the Year Ended 27 DecLmber 2023 for Gknrkha Peace Foundation

CJurkha Peace Foundation Re ort of tlie Trustees for the Year Endcd 27 Dccember 2023 The trustees prescnt their report Ivith the financial stateinents of the charity for the }rear ended ? ? December ?0?3. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ircland (FRS 102) (etf-ective l January 2019). STRUCTURE, GOVERNANCE AND.MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and constitutcs an unincorporated charity. REFEREIYCE AND ADMINl&•TRATIVE DETAILS Registered Charity number 1151316 Principal address Office Address: 12 Oakland ASHFORD Kent TN23 4HP Trustees Bhimr(ij Tumbahangphe Kaji Man Rai Dewan R(11 Lokendra Tumbahangpe Passang Sherpa Shiva Dlian Rai Bipin Suppa Limbu Debbahadur Pun Prem Limbu Gopal Girl Independent Examiner Patanjali Sharama Brayan and Spencer Associates Limited 25 Leeming Road Borchamwood England WD6 4EB Approvcd by order of the board of trustees on .. by: signed on its beh<ilf Mr. Lokendra Tumbahangpe~ Trustee Page I

CJurkha Peace Foundation Statement of FindnLial ALtivities for tlie Year Endcd 27 DLLeinber 2023 Unrcstricted fuiid Notes INCOME AND ENDOWMENfs FROM Donations imd Icgacies 28410 EXPENDITURE ON: Charitable actlvities Charitable Activities 31086 NET LNCOME/(EXPENDITL'RE) (?676) RECONCILIATION OF FUNDS Iirrent accoiint ftinds br()Lighi fL)rward 8511 From Reserve funds 4500 Current accounts funds carricd forward 10335 The notes form part of these financial statements Page 2

Gurkha Peace Fouiidation Bill<Ce Sheet 27 December 2023 Unrestricted fund Note,$ CURRE A,SSETS Cash at bank Reserve bank account 10335 41899 NET CURRENT ASSETS 52234 TOTAL ASSETS LES,S CURRENT LIABtt.ITIES 52234 NET ASSETS 52234 FUNDS Unrestricted funds 52234 TOTAL FU7)s 52234 The finanLial siatements were approved by the Board of Trustees and authorised for issue on 27 December 2023 and were signed on its behalf by: Mr. Lo cndra Tumbahangpe Trustee The notes form part of these financial statements Page 3

Gurkha Peace Foundation Notes to thL Financial StatemLY]ts for the Year Elided 27 December 2023 ACCOUNTThG POLICIES Basis of preparing the financial statements Tlie flnancial statements of die charity, which is a public benefit entity under FRS 102, have been prepared in accordance with tlie Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Staiemenl of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and RLpublic of Treland (FRS 102) (effectivc l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Rcpublic ot- Ireland, and thc Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities onLe the charity has entitlement to the funds, it is probablt that the income will be receivcd and the amount can be mcasurcd reliablj.. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expcnditure, it is probable that a transfer of economic benefits will be required in .settlement and the amount of the obligation can be niedsured rLliably. Expenditure is aLcountLd for on an accruals basis and lias becn classified undLr headiiigs that ageate all cost related to the category. Wherc costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent Wlth tlie use of resources. Grants offered subject to conditions which have not been met at the year-end date are noted as a commitment but not accrued as expenditure. Taxation The charity is excmpt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds -e raised for particular restricted purposes. Furthcr explanation of the nature and purpose of each fund is included in the notes to the financial slatcments. TRUSTEES, REMUNEII4TIO,N AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 27 December 2023. Trustees, expenses There were no trustees, expenscs paid for the year ended 27 DeLember 2023. Page 4 continued..

Gurkha Peace Foundation Notes to the Financial Statements - continued for the Year Ended 27 December 2023 MOVEMENT IN FUNDS Net movement in funds At 27.12.23 At 28.12.2022 linrestricted funds Current Account Reserve fund 8511 46025 1824 (4126) 10335 41899 TOTAL FUNDS 54536 (2302) 52234 Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund- current account Reserve timd 28410 374 (26586) (4500) 1824 (4126) TOTALFUNDS 28784 (31086) (2302) RELATED PARTY DISCLOSURES There were no related Pdrty transactions for thc year ended 27 December 2023. Page 5

Gurkha Peace Foundation Det(iiled Stdtement of Fiiiancial Activities for the Year Ended 27 Deceinber 2023 INCOME AND ENDOWMENTS Dipawali fundraising Gurkah Walk Just Giving Standing orders Other 28410 10760 12387 569 4276 418 Total incoming resources 28410 EXPENDITLIIE Charitable activities Baiik Charges Rent Cheriton,Folkestone and St Francis Church hall Fecs for website maintenance Just Giving fees H3G-internet Insurance Gurkha Peace walk cxpenses ALcountant fee Donations Projects in Nepal Save the Children Otlier charity 80 4562 1860 234 335 423 4648 150 18044 500 250 Total resources expended Net expenditure 31086 (2676) This pagse does not form part of the stalulory fiiiancial stalenients Page 6

Gurkha Peace Foundation Contents of the Financial Statements rEn 02 Page Report ot the Trustee.s Statement of Financial Activities Balance Sheet Notes to the Financial statement.s 4t05 Detailcd Statcmcnt of Financial Activities

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees GURKHA PEACE FOUNDATION

On accounts for the year 27 DECEMBER 2023 Charity no 1151316 ended (if any) Set out on pages 1

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 27/12/2022 .

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 The charity’s gross income exceeded £25,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of ACCA.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) 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.

Please delete the words in the brackets if they do not apply.

Date: 25/10/2024

Signed: Name: Patanjali Sharma Relevant professional FCCA

Oct 2018

IER

qualification(s) or body (if any):

ACCA

Address:

25 LEEMING ROAD

BOREHAMWOOD WD6 4EB

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

IER