OpenCharities

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2022-08-31-accounts

ObjectivesandActivit ies
SORP
reference
Summary ofthepurposesof Para1.17 Thecharity's objects are as follows:
the charity as setoutinits
governingdocument L.Tohelp relievethepovertyandsufferingof
the destituteandabusedchildrenofNepal.
2.Tomonitorandassistwiththe operationof
the Children'sHome,constructedby The Nestl-
ingTrustat Sarangkot ensuringthat:
(a)Asecurecaringenvironmentismaintained
wherethe bestinterestsofeachchildmay be
served.
(b)Torelievesicknessandimproveandpre-
servethephysicalandpsychologicalhealthof
the children residingtemporarilyor perma-
nentlyatthe Children'sHomethroughpromot-
ingahealthy dietandlifestylewithprovision
of necessary medicaltreatmentand counsel-
ling.
3.Toprovide orassistwiththeprovisionofed-
ucation,toinclude,but notlimitedto,those
children residingtemporarilyor permanently
withinthe Children'sHome.
4, Tohelprelieve the povertyandpromote
healthofwomenandchildreninNepalbyco-
operatingwith,andsupporting other charities
andnon-profitorganisationswithsimilarob-
jectsandprovidinggrants,itemsandservices.
5.Tofacilitate theprovisionofhealthcare and
healtheducationin the remote inhabited,rural
locationsofNepal,workingwhereverpossible
in collaborationwiththeNepalGovernmenl
6.Contribute tothereliefofsufferingamong
victimsofnatural or other kindsof disasterin
theformof moneyfor humanitarianaid,(or
othermeans deemedsuitable) forpersons,
bodiesor organisationsinNepal.
Summary ofthemain
activitiesin relation to those
Para'l.'17
and1.19
HavingfullyestablishedTheNestling Home
purposes forthepublic
benefit, in particular, the a)Fundraising hascontinuedinorder to
activities, projectsor implement the charity's aimsand
services identifiedinthe
accounts.
objectives.
b)Supporthas been continued for local
healthcareclinicsinNepal
c)Support has been continued for the
educationandmedicalrequirementsof
childreninneedinNepal
Statement confirming Para1.18 Thetrusteeshave had regard to the
whether thetrusteeshave Commission's guidanceonpublic benefit.
had regard totheguidance Allmoney raised has been banked in the
issuedbytheCharity charity's accountsandno member or trusteeor
Commissiononpublic volunteerhas had anyfinancialgainorpersonal
benefit benefit from the charity's activities.
Whereexpenseshave beenclaimed,receipts
have been retainedandinthemajority of cases,
therecipient has donated allthemoney back to
thecharity.

Achievementsand Pe rformance
SORP reference
Summary ofthemain Fundraisinghasagainremained very
achievementsofthecharity, limited this year followingtheCovid
identifying the difference the Pandemic but hopefullywillcontinue to
charity'sworkhas made to
the circumstancesofits
Para1.20 increaseaspeople become more receptive
tosocial gatherings
beneficiaries and anywider
benefitstosociety asa
whole. The ongoing development of the Trust's
websitehas provedverybeneficialina
year when online donations andTheBig
Give have beentheprimary sourcesof
income
Review of the charity's Para1.21 The charityhas ended the yearwitha
financialposition at the end signif,icantdecreaseinfundsincomparison
oftheperiod tolast year,duemainlytothesupportin
providingabirthingcentrein rural Nepal
Statement explaining the Para1.22 Thecharityhasonlycashreservesandall
policyforholding reserves money raisedwillbe usedtosupport the
stating why theyareheld establishedhome as a running concern
and supportanumberofhealthcare
projects.Currently, theTrusfsfunds are
withtheCharitiesAidFoundation bank with
a smaller accountatNationwide Building
Societv.
Amountofreservesheld Para1.22 None
Reasonsforholding zero Para1.22 We intendtouseallmoneytosupportour
reserves oroiects.
Details offundmateriallyin Para1.24 Not applicable
deficit
Explanation of any Para1.23 The charityfundraises and has a small
uncertainties about the regular income from standing orders and
charity continuing as a going canidentify sufficient funds for the short to
concern medium term for sustainingtheHome.The
mediumtolongtermplanisthattheHome
is not dependent onTheNestling Trust but
insteadwillhave a sourceofincome from
localenterprise.The charityis involvedin
developinq this.

You may choosetoinclude fu rther stateme ntswhere relevantabout
Fundraisinganddonations fromalocal
support network.
The charity'sprincipal
sources offunds(including Para1.47
any fundraising)
lnvestment policy and
objectives including any
socialinvestment policy Para1.46
adopted
Thetrusteesrecognisetheimportanceof
Adescription oftheprincipal the Home'srunning coststomovetobeing
risks facingthecharity Para1.46 fundedby local projectsandinitiatives,in
orderto ensureitsfinancial sustainability.
Thisrisk is mitigatedbyworking with
supporters in Nepal, andwith aplanned,
staged increaseintheproportion of costs
theywillbear.
Therisk of safeguardingfundsand cash
Other has beenaddressed.Bank statements are
checked at every committee meeting to
ensuretheymatch thefinancialreports;
Segregation of dutiesatfundraisingevents
ensures that allfundsreach the charity's
bank account.

You
t about:
Policies and procedures
adopted fortheinduction
and training of trustees
Thecna
The charity's
organisationaIstructure
and anywidernetwork with
which the charity works
overthelast fewyearsandcontlnuE.to
sendfundsforTheNesflingHome'Iioto
ly:::,ll-.charitysworkvia-AltianclNepar,
ntmsntkharaandHDS_Nepal whichare
non-profit organisations in Nepal.
Atlmernbers@
experienceofleading.anOwort<injwrtn
yj.t.ylt.wgroups,njinoirio*i'rJr,ni""".
Withinthedirectorshiptherei,--""
considerable knowledge and experienceof
-Business and finance
-Education
-Health
-Health andSafetv
-Workingwithpublic and charity funds.
tne trus
lp:Tf,.,9"of.safeguardingthose chitdren
whowillbeinthe care off-nef.fesflino
otherriskstobemitigat"d6tl;;,ig'"i,0
appropriate checks.
lomeandwilfolowtneneiniei;;i;;
Guidetines forTraffickeOanJDdp#;
Chitdren tiving in institutions,
".iJOriJ["d
OV
Next Generation Nepal,in.offrOorrlon
withtheNepalesegovernment.As the
cnanty'sworkdevelops, there willconiinue
to.be child protection,safeguarOi6;;;

StatementDate 31August 2022
N.B.Figures shown arecumulative 2021-22
gf
2020-21I
lncome
StandingOrders 2,330 3,360
Just Giving 10 1,801
Giving.com 2 366
Virgin Money 1,101 12,089
Enthuse.com 3,931 0
EventShare 0 435
Work for GoodLtd 0 515
Miscellaneousinternet donations 12 42
TheBigGive 13,079 10,949
Fund Raising 2,692 868
Gifts 14,412 2,810
Grants 1,000 0
GiftAid 6,459 0
Banklnterest 7 4
45,036 33,239
Expenditure
AllianceNepal 21,818 21,589
Bijen 2,550 3,834
Covid Support 0 1,000
Krishna (SERC) 1,316 1,963
BirthingCentre 43,560 7,665
Donation 0 1,000
SubashShiwakoti
MonitoringExpenses('-seenote)
2,550
3,149
3,682
0
General Expenses Websitecosts 560 510
Subscriptions 0 100
Legal Fees 26 433
FinanceCharges FX Charges
AccountFees
200
93
260u
Enthuse.com 4't8 0
BankCharges 3 2
76,242 42,121
monitoringTNTprcfects andprogra
back toTNT
mmesofwhich 84%has been personally donated
ExcessofExpenditureover lncome -31,206 -8,882
BalanceSheet
OpeningBankBalance CAF 57,853 67,099
Nationwide 4,468 41U
62,321 71,203
ExcessofEpenditureover lncome -31,26 -8,882
62,321
Closing Bank Balance CAF
Nationwide

Reporttothetrustees/
membersof
TheNestling Trust
Onaccounts for the year
ended
31August2022
Charityno
(ifany)
\<l+t3i
Setout onpages l-L
Ireport to the trustees on myexaminationoftheaccounts of the above
charity("the Trust") for the year ended
Responsibilitiesand As thecharity's trustees, youareresponsible forthepreparationofthe
basis of report accountsin accordance withtherequirementsofthe Charities Act2011
("theAct").
Ireport in respect ofmyexaminationoftheTrust'saccounts carried out
undersection145 ofthe 2011Actand in carryingoutmy examination,I
havefollowedalltheapplicable DirectionsgivenbytheCharity Commission
undersection145(5Xb)oftheAct.
lndependent
examiner's statement
[Thecharity'sgross income exceededf250,000andIam qualified to
undertake the examination by being aqualifiedmemberof[insert nameof
applicable listedbodyll.Deletellit not applicable.
Ihave completed myexamination.Iconfirmthatno material matters have
cometomy attentioninconnection withthe examination (other{hanJhat
ffi+elqu*)
whichgives me causetobelievethatin,any material
respect:
otheaccounting recordswerenotkeptinaccordance withsection130
oftheCharitiesAct;or
.theaccountsdidnot accord withthe accountingrecords; or
.theaccountsdidnot comply withthe applicablerequirements
concerning theformand contentofaccounts set outintheCharities
(Accounts and Reports) Regulations2008otherthanany requirement
thattheaccounts give a'trueandfair'viewwhichis not a matter
considered as part of an independent examination.
Ihave no concerns and have comeacrossno other matters in connection
withtheexamination towhich attention shouldbedrawninthisrepo(in
ordertoenable a proper understandingoftheaccountstobereached.
*Please delete the words in the brackets if they do not apply