2022-10-31-accounts

Trustees' Annual Report for the period From Period start date To Period end date 01 11 2020 31 10 2021

Charity name SHANTI NEPALI SAMAJ BELAYAT Other names charity is known by Registered charity number (if any) 1158203 7 DRAKE STREET BIRMINGHAM Postcode B71 1PA

Names of the charity trustees who manage the charity

	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (if any)
1	Mr. Bhoj Raj Bhandari
2	Mr. Dinesh Prasad Kandel
3	Mr. Padam Shahi
	Mr. Shashanka
	Sharma
	Mrs. Divya Shrestha
	Names of the trustees for the charity, if any, (for example, any custodian trustees)
	Name		Dates acted if not for whole year

Names and addresses of advisers (Optional information)

	Type of adviser	Name	Address
	Name of chief executive or names of senior staff members(Optional information)

TAR 1 MARCH 2012

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Trust Deed and Constitution.

• (eg. trust deed, constitution)

How the charity is constituted

Trust

• (eg. trust, association, company)

Trustee selection methods

By election.

• (eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

• ●policies and procedures adopted for the induction and training of trustees;

• ●the charity’s organisational structure and any wider network with which the charity works;

• ●relationship with any related parties;

• ●trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

Unite the people from Nepal in the UK. To provide relief of financial need and suffering. To aid the prevention or relief of poverty in Nepal. To host Nepalese cultural events.

2 MARCH 2012

TAR

Nepali New Year Nepali Tij Charity events Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

• policy on grantmaking;

• policy programme related investment;

• contribution made by volunteers.

3 MARCH 2012

TAR

Section D Achievements and performance

Summary of the main achievements of the charity during the year

4 MARCH 2012

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Section E Financial review

Charity has policy to use for future expenses.

Brief statement of the charity’s policy on reserves Details of any funds materially none in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

• the charity’s principal sources of funds (including any fundraising);

• how expenditure has supported the key objectives of the charity;

• investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Mr Dinesh Prasad Kandel Full name(s) Mr Bhoj Raj Bhandari Position (eg Secretary, Chair, etc) Trustee/Chairman Trustee/Treasurer Date 07/12/2022

MARCH 2012

TAR

5

SHANTI NEPALI SAMAJ BELAYAT REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2022

SHANTI NEPALI SAMAJ 8ELAYAT CONTENTS OF THE FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2022 Page Legal and administrative infomiats'on Report of trustees Statement of financial activities Balance sheet Notes to the financial statements

SHANTI NEPAU SAMAJ BELAYAT LEGAL AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 OCTOBER 2022 STATUS Shanti Nepali Samaj Belayat ISNSBI is a registered thanty governed by its constitution adopted on 18th July 2014. Trustees Trustee1P￿SldenI Mr. Bhoj Raj Bhandari Trustee Mr. Dinesh Prasad Kandel Trustee Mr. Padam Shahi Trustee Mr. Shashanka 5harma Trustee Mrs. Divy8 Shrestha Offlco Address 7 Drake Street Bimillgham B71 1PA Accountant DK Accovnlancy 412 Greenford Road Greenford London UB6 9AH

SHANTI NEPALI SAMAJ BELAYAT REPORT OF THE TRUSTEES YEAR ENDED 31 OCTOBER 2022 The Iruslees present their annual ieport and unaudited consolidated finanoal statements for the period ended 31 October 2022 and confimi they comply ￿lTh the Charibes Act 2012. the Twst Deed and the Chanties SORP 2005. STRUCTURE. GOVERNANCE AND MANAGEMENT Shanti Nepali samaj Belayat is a fegistered charity {no. 11582031 and 1$ set up under its consiluts'on and rules The trustees, who are also members of the management committee, have 5eNed during the year sel out on page 3. The management committee are appginted during a general meeting. The commrttee meets on 8 regular basis to manage the affairs of the tharity and lo fonnulate policy. The charity's administrator in liaison with the trustees and Other committee members manage the day to day operations of the charity OBJECTIVES AND ACTIVITIES The Chanty's obpcbves are."- Unite the people from Nepal in the UK in order to build a stronger Nepalese community, Promoting Nepalese culture and other social and Nepalese national activity around the UK. - To provide relief of financial need and suffering among victims of natural or other kinds of disaster in the form of fnoney lor other means deemed suitable) for persons, bodies, organisalions of Nepal. - To aid the prevention Of relief of poverty in Nepal by providing.. grants, items and sermces to individua15 in need andlor charities, or other organisations Working to prevent or relieve povety. To advance the e<lucalion of the general public in the Nepalese culture and heritsge by hosts.ng cultural events during important Nepalese feslNals of Dashain. Teej and fihar Oryanl$atlon The charity's trustees are solely responsible for the a¢tiMties of the charity and manage ils activities wth assistance from the management comm1ttee Investm•nt power Under the constitution. the charity has the power to make any investment. which the trustees see fit. Under the current working ￿prtaI requirements any temporary suwus fvnds are maintsined in low risk bank and building society account. Revlew of the acttvltleg and future de¥elopments- The Shanti Nepali Samaj Belayat organised the following events during 202112022.. Nepali New Year èvent Nepali Til Charity events Future, next year events.. Nepali New Year event Nepali Til Charity events

SHANTI NEPALI SAMAJ BELAYAT REPORT OF THE TRUSTEES YEAR ENDED 31 OCTOBER 2022 Flnancial Revlgw Income.. Th& principle sour¢•$ of incorne ar• donations from natural & legal ￿r$OnS. Risk manag¢ment The trustees have assessed the risk to which the thanty is gxposed induding 0￿ra￿OnaL and financial risks. Sn the option of the Trustees the Charity has esiablished resources and review system which, under normal operation conditions, should allow the risks identified to be mitigated to an acceptable level in its day lo day operats'on. Ros8bv•s The Charity Cornmission defines reserves as the part of a Charity's income funds that is fr9ely availablè. Reserves are therefore the resource5 the charity has or can make available to spend for any or all ol the chari purposes once il has met its commitrnents and covered tts other planned expendItu￿s. At the end of the accounting period the Charitys res8rves comprised the f￿loWIng. Total funds per balan¢8 sheet £56,686 Available rèserves The Trustees have examined the needs and challenges of the Chanty in both the short and medium temis and conclude that Ihosg reserves are necessary. Truste¢$ responsibllltles in relatlon to the finanelal Statements The Trusteès must comply with their obligations under the Charities Acts 1993 and WTth regard lo: the keeping of accounting records for the Charity thè preparation of annual statèments of account for the Charity the transmission of the statements of tho account to the Charity Commission the pTrparation of an 8nnual report and its transmission to the Commission the prèparation of an annual return and its transmission to the ￿MMiSsion Accounts musl be prepared in aCCo￿ance with the provisions of any Satement of Recommended PTacli¢e iSSUgd by the Commi55ion. On behalf of the board of Trust89S Mr. Bhoj Raj Bhandari PreSIdent￿ruSte8S Date.. 0711212022

SHANTI NEPALI SAMAJ BELAYAT STATEMENT OF FINANICAL ACTIVITIES IINCLUDING INCOME AND EXPENDITRE ACCOUNTI FOR THE YEAR ENDED 31 OCTOBER 2022 Total Funds Period lo 31.10.22 Total Funds Period lo 31.10.21 Unrestricted fvrHJs Restricted Fund5 Note Incoming resources Incoming resour¢es from geneTrted funds Voluntary incom Chaiitsble activities 5.424 CQ 28,397. 5.424.00 28.397 00 9,024.IXI 5.138 00 Total incoming resourcès 33.821_CKI 33.821.00 14.162.IXJ Resources •xpend8d Charitable activities Adminislralive Expenses 19.e63.(Kl 1,017.(KJ 19,863.(KJ 1,017. 16.340.00 814.00 Total rnsourc•s exp•ndgd 20.680.(K) 20,680.CXJ 17.15400 Net incoming rosources 13.141.(K) 13.141.00 2.992 00

SHANTI NEPALI SAMAJ BELAYAT BALANCE SHEET AS AT 31 OCTOBER 2022 Note 2022 2021 Current Assets Cash at bank and in hand 56,686 00 43,545 00 NET ASSETS 56,686.00 43,545.00 FUNDED BY Unrgslrlcted funds R•$trl¢ted funds 56.686.00 43,545.00 43,545 00 56,686.00

SHANTI NEPALI SAMAJ BELAYAT NOTES TO THE FINANCIAL STATEMENT YEAR ENDED 31 OCTOBER 2022 ACCOUNTING POLICIES Basls of accountlng These financial statements have been prepared in accordance wth the applicable accDunting standards and follow the recommendats.on in tt)e Ststement of Recommended Practice of Accoun11ng by Charities ISORPI. Incom& Income ineludes donations received and fees tharged for memebership. Intsrest r•celved Inte￿$t is included when received ty the tharity. Expendlture Expenditure is recogni5ed on the paid basis arKI has been dassified undw headings that aggregate all cost related to the category. Restricted and Unrestrlcted Funds General funds are unreslricted funds which are available for use at the directs.on of the Trusleed in furtherance of the general objecbves of the charity and which have not been designed for other purposes. Designated fijnds comprise unrestricted funds that have been sel aside by the trustees for popular purpgses. The aim and use of design*ed lund is set out in the notes to the financial stalemenls. Reslriced funds a￿ funds which are to be used by the ¢hanty for particular purposes. The cost of raising and administering such fund5 are charged against the specific fund. The aim and use of each reslncted fund is set out in the notes lo the financial stslemenls. Totsl Funds Year to 31.10.22 Total Fund$ Year lo 31.10.21 Unrestricted funds Restricted Funds Voluntsry Income Donation Gift aid Trustee 5,424.00 5.424.00 9,024.00 5,424.00 5,424.00 9,024.00 Total Funds Year lo 31.1022 Total Funds Year lo 31 1021 Unrestncted funds Restricted Fund5 Incomlng resources from Charltsble activities Event income Membership 26.342 00 2.055.00 26,342.00 2,055 00 5.138.00 28.397.00 28.397.00 5,138 00

SHANTI NEPALI SAMAJ BELAYAT NOTES TO THE FINANCIAL STATEMENT YEAR ENDED 31 OCTOBER 2022 Total Funds Year lo 31 1022 Unrestricted funds Restricted Funds Total Funds Yearlo 31.10.21 4 Cost of charitable a¢tivities Event expenses Donation box Charitable donation 17,812 00 17,812.00 5,393.00 1.851.00 1.851.00 10,947.00 19.663.00 19.663.00 16.340.00 S Administrative Exponses Total funds Total funds Unrestricted funds Restricted Funds Year lo 31.10.22 Yearto 31.10.21 Sundry Nepali class expenses Admin expenses 230.00 584.00 1.017.00 1,017.00 1,017.00 1,017.00 814.00 General fund 6 UNRESTRICTED FUNDS Balance at start 43,545.00 Movement in funds for the year 13.141.00 Balance al 31 October 2022 56,686.00 Restn"cted General fund funds ANALYSIS OF NET ASSETS BETWEEN FUNDS Total Cash al bank and in hand Other net current liabilities

Independent examinerfs report on the accounts CHARITY COMMISSION FOR ENGLAND AND WALES Section A Independent ExaMine￿S Report Report to the trusteesl members of SHANTI NEPALI SAMAJ BELYAT On accounts for the year ended I ST 31 OCTOBER 2022 Charity no (if any) 1158203 Set out on pages Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 {"the Charities Act'l and that an independenl examination is needed. It is my responsibilty to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Diredions given by the Charity Commission (under section 145151{bl of the Charities Act, and to state whether particular matters have come to my attention. Basis of independent My examination was carried out in accordance with general Directions given examiner's statement by the Charity Commission. An examination includes a review ofthe accounting records kept by the charity and a comparison of the accounts presented wrth those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair. view and the report is limiled to those matters set out in the statement below. Independent In connection with my examination. no matter has come to my attention oxaminerfs statement (other than that disclosed below ') 1. which gives me reasonable cause to believe that in. any material respect, the requirements. to keep accounting records in accordanGe with section 130 of the Charities Act," and to prepare accounts which accord with the accounting records and comply wilh the accounting requirements of the Charities Act have not been met., or 2. to which, in my opinion, attention should be drawn in order to enable proper understanding of the accounts to be reached. Please delete the words in the brackets rf they do not apply. Signed: Date: 0711212022 Name: MR SUNDAR KHATIWADA R91gvant professlonal FCCA. THE ASSOCIATION OF CHARTERED CERTIFIED ACCOUNTANTS IER

qualiflcatlonls) or body lif any): Address: 412, GREENFORD ROAD. GREENFORD, UB6 9AH Section B Disclosure Only complete if the examiner needs to highlight material problems.IE.g. accounting records have not been kept in accotdancewith s132 olthe Charities, Act 2011 and those ae¢ounts do not cornply with the reqU1￿ments of the 2008 Regulatsortssettingoul thef0￿ and content of charity accounts,. any material expenditu￿ oracD"on which appear5 notto be in accordancewith the trusts olthe charity., any tsilure to be provided ￿th inforniation an¢J explanations byany past or pre9enttrustee, officeroremployee,. and any material LY)nsi5tenrybeiween the accounts and the tnjstees, annual ￿porL} IER