## **Profit and loss account for The Pendsey Charity for the year ended 31 March 2025** **A1** Charitable Donations Receipts £ 23,016.94 **A1** Charitable Donations to Partner Charity (£ 15,000.00) Gross income £ 23,016.94 Administrative Expenses £ 0 A3 Bank charges (£ 1,131.60) (£ 1,131.60) Retained at year end £ 6,885.34 Notes: **A2** No Income was raised through the sale of assets held by the Pendsey Charity or any investments held by the Pendsey Charity **A3** All purchases have been for the sole purpose of raising funds for the Pendsey Charity and there has been no personal gain from the in the use of monies spent on behalf of the Pendsey Charity **A4** No purchases of investments, fixed assets, loans or loans repaid to an external funder were made by the Pendsey Charity during the course of the year ## **Balance Sheet for The Pendsey Charity for the year ended 31 March 2024** Bank Balance Dr Cr B/fwd 31 March 2024 £ 6,662.64 Retained at year end (£ 6,885.34) **B1** C/fwd 31 March 2025 £ 13,547.98 Notes: **B2** There are no other monetary assets owned by the Pendsey Charity **B3** There are no other investment assets owned by the Pendsey Charity **B4** There are no assets retained for the sole use of the Pendsey Charity **B5** There are no liabilities owed by the Pendsey Charity ## **Balance Sheet for The Pendsey Charity for the year ended 31 March 2025** Bank Balance Debit Credit B/fwd 31 March 2024 £ 6,662.64 Income in year Expenses in year £ 16,131.60 **B1** C/fwd 31 March 2025 £ 13,547.98 £ 23,016.94 ## **Notes:** **B2** There are no other monetary assets owned by the Pendsey Charity **B3** There are no other investment assets owned by the Pendsey Charity **B4** There are no assets retained for the sole use of the Pendsey Charity **B5** There are no liabilities owed by the Pendsey Charity ## **The Pendsey Trust** ## **Report of the Trustees** ## **For the year ended 31 March 2025** ## **Aims and Activities** The aims of the charity are: - **To raise awareness of deprivation by diabetes for individuals living in poverty,** - **To alleviate deprivation by provision of access to educational opportunities with the aim of enabling these individuals to enter employment.** - **The provision of resources required by these individuals to enable their** - **participation in such opportunities including access to medical care and treatment.** What the charity does: - **Education/ training** - **The advancement of health or saving of lives** - **The prevention of relief of poverty** - **Overseas aid/ famine relief** Who the charity helps: - **Children/ young people** - **Other charities of voluntary bodies** - **How the charity works:** - **Makes grants to organisations** - **Provides advocacy/ advice/ information** Public Benefit: In setting objectives, planning for activities and delivering those activities, the trustees have had regard for, and given due consideration to, the general guidance published by the Charity Commission relating to public benefit. The activities taken to benefit the public have been those of the provision of education and funding for medical care with the intention of the relief of poverty. ## **Activities** The activities undertaken during the period 2024/2025 were delivered in conjunction with our local partner, DREAM Trust in Nagpur. DREAM Trust is registered as a charitable organisation in India (Registration Number E-1413). Every year the accounts of DREAM Trust are audited by chartered accountants, and submitted to the Charity Commissioner and Income Tax Department in India. The Trust was formed in 1995 with the aim of offering complete care to those with Type 1 diabetes living in poverty. The Trustees are confident that DREAM Trust’s aims are entirely in alignment with our own, and that they have an outstanding level of local knowledge and competency to enable them to delivery our own aims. Below are our key activities from this period. ## **Sponsor programme** Our sponsor programme has remained consistent with the figures carried forwards from our previous report in 2024. The funding provided by these sponsors is ring-fenced to be used by our local partner, DREAM Trust, to provide insulin and medical care for specific named children. These children are financially assessed and waitlisted in order of priority by the local clinic in India. ## **Educational scholarships** The charity remained committed to providing educational opportunities for the young people at the clinic during this period. This is with the intention of enabling these individuals to eventually enter employment which will allow them to afford their own medical costs. During the time period in question, educational scholarships were provided to young people to enable them to attend school, college, or further study. Young people who wished to receive a scholarship had to make an application in writing and provide receipts to demonstrate that the funding had been made to a place of education. ## **Small business grants** For some young people at the clinic, the most effective way to ensure that they reach financial independence is to support them in establishing their own small business through our grant programme. The individuals must write a business plan, including researching suitable premises where needed and providing preliminary figures for the costs of items needed to start the business. They must also provide a portion of the money needed themselves, to a level deemed appropriate by DREAM Trust. If their application is approved, they are mentored by local businesspeople. We will also provide secondary grants if this is deemed necessary to ensure the success of the new business. ## **Emergency Medical Aid** Where necessary, we will provide emergency funding to enable young people at the clinic to remain in good health. ## **Projects** Sanket Pendsey has continued to work hard having taken over the running of this amazing clinic after the tragic passing of Dr Sharad Pendsey, founder of DREAM Trust, our local partner clinic. This has been a very difficult period, and Raise a Glass was a project where sponsors and those involved with the charity raise a glass on his birthday. No special projects have taken place during this year. ## **Future Plans** - The priority continues to be for the charity to stabilise and ensure that it remains aligned to its vision of sustainability. There are therefore no plans to grow the Sponsor Child programme, given we already have such a large number of children sponsored. - The charity hopes to begin fundraising events soon. - The trustees agree that the charity website needs further refreshing and updating each year, and this will, again, be a target over the year. ## **Structure, Governance and Management** The charity is a Charitable Incorporate Organisation (CIO) registered on 25[th] July 2014. ## **Recruitment and appointment of new Trustees** The trustees may appoint a person who is willing to act as a trustee. The recruitment of trustees would come from contacts approves by the existing trustees. ## **Induction and training of new Trustees** The training and induction provided for new trustees will depend on their existing experience. **Reference and Administrative Details Registered Charity Number:** 1158007 ## **Registered Office:** The Greenings Bond Lane Appleton Roebuck YORK YO23 7EF ## **Trustees** L Todd C Todd C Laycock P Green J Fox ## **Bank:** TSB Approved by Order of the Board of Trustees on ............. and signed on their behalf by: Polly Green