Trustees, Annual Report for the period I Period start date 01 11 Period end date 31 From 2023 2024 Section A Reference and administration details Charity name SHANTI NEPALI SAMAJ BEIAYAT Other names charity is known by Registered charity number (if any) 1158203 DRAKE STREET BIRMINGHAM Postcode B71 1PA Names of the charity trustees who manage the charity Trustee name Office (if any) Datss acted If not for whole ear Name of person {or body) entltled oint trustee Ifan Mr. Prabin Kharal Mr. Pramod Sharma Mr. Padam Shahi Mr. Shashanka Sharma Mr. Dinesh Prasad Kandel Names of the trustees for the charity, if any, (for example, any custodlan trustees) Name Dates acted if not for whole ear Names and addresses of advisers (Optional infomiation) e of adviser Name Address Name of chief executive or names of senior staff members {Optional infomiation) TAR MARCH 2012
Section B Structure, overnance and mana ement Description of the charity's trusts Trust Deed and Constitution. Type of governing document -01 bbkiiuilc, r',p How the charity is constituted le.g. ti-ust, associaiiDn, compa*yl Trust Trustee selection methods lo.g appoinled elecied by) By election. Additional governance issues (Optional information) You may choose to include additional information. where relevant, about: policies and proGedures 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 rnajor risks and the system and procedures to manage them. Section C Ob"ectives and activities 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. Summary of the objects ofthe charity set out in its governing document TAR MARCH 2012
Nepali New Year Nepali Tej 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 activitles (Optlonal Infonnatlon) You may choose to include further statements. where relevant, about: policy on grantmaking; policy programme related investment" contribution made by volunteers. TAR MARCH 2012
Section D Achievements and performance Summary of the main achievements of the charity during the year TAR MARCH 2012
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 in deficit none Further financial review details (Optional infonnation) 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 objecttves 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) Full name(s) Position (e.g. Secretary. Chair, Trusteelchairman etc) Mr. Prabin Kharal Mr. Pramod Sharna Trusteetrreasurer Date 2310512025 2310512025 TAR MARCH 2012
SHANTI NEPALI SAMAJ BELAYAT REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2024
SHANTI NEPALI SAMAJ BELAYAT CONTENTS OF THE FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2024 Page Legal 8nd administratlve Informatlon Report of trustees Statement of financial activrties Balance sheet Notes to the flnancial ststements
SHANTI NEPAU SAMAJ BELAYAT LEGAL AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 OCTOBER 2024 STATUS Shanti Nepali Samaj Belayat (SNSB) is a registered chanty govemed by its constitutlon adopted on 18th July 2014. Trustees Trusteel Presldent Mr. Prdbin Kharal Trusteel Treasurer Mr. Pramod Shanna Trustee Mr. Padam Shahi Trustee Mr. Shashanka Sharma Trustee Mr. Dinesh Prasad Kandel Office Address 7 Drake Street Birmingham B711PA Accountsnt DK Accountsncy 412 Greenford Road Greenford London UB8 9AH
SHANTI NEPALI SAMAJ BELAYAT REPORT OF THE TRUSTEES YEAR ENDED 31 OCTOBER 2024 The trustees present their annual report and unaurfited consolldated financial statements for the perfod ended 31 October 2024 and confirm they comply with the Charities Act 2012, the Trust Deed and the Charities SORP 2005. STRUCTURE GOVERNANCE AND MANAGEMENT Shantl Nepali samaj Bel8yat IS 8 registered charity (no. 1158203) and Is set up under Its consltution and rules. The trustees, are also members of the management committee, have served durlng the year set out on page 3. The management commlttee are appointed during a general meeting. The commfttee meets on a regu18r basis to manage the affairs of the charity and to formulate policy. The charitys admlnistrator in lialson with the trustees and other committee members manage the day to day OP8rations of the charity OBJECTIVES AND ACTIVITIES The Charitys objectives are:_ Untte the people from Nepal In the UK in order to build a stronger Nepalese communty, promoting Nepalese culture and other social and Nepalese national actlvity around the UK To provide relief of financial need and suffering among victims of natural or other kinds of disaster In the form of money (or other means deemed suitable) for persons, bodies, organisations of Nepal. To ald the prevention or rellef of povety in Nepal by provtdlng: grants, items and services to Individuals in need andlor charities, or other organisations working to prevent or relleve povety. - To advance the education of the general public In the Nepalese culture and heritage by hosting cultural events during important Nepalese festivals of Dashain, Teej and fihar Organlsatlon The charity's trustees are solely responsible for the 8ctivits.es of the charity and manage its activities th asslstance from the management commrttee Investment power Under the constitution, the charity has the power to make any Investrnent, whlch the trustees see fit. Under the current worklng capital requirements any temporary surplus funds are maintalned in low risk bank and building society account. Revlew of the activities and future developments - The Shantf Nepall Samaj Belayat organlsed the following events during 2023r2024: Nepali New Year event Nepali Teej - Charity events Future, next year events: Nepall New Year event Nepali Teej - Charity events
SHANTI NEPALI SAM1 BELAYAT REPORT OF THE TRUSTEES YEAR ENDED 31 OCTOBER 2024 Flnanclal Rovl•w Incom•: Th• prfnclpl• sourcog of Incom• Ir• donatlong from naturnl & legal p•rnon9. Rlsk manag•ment Tho trusteeg have assossed the rl8k to whlch th• chanty 18 exposed Including oporatlonal and financlal rlsks. In the optton of th• Trust888 the Charlty has estgbll•h8d rnsource9 gfKI review 9y3tern which, under nomial operntlon conditlong, Should allow the riski Identlfiod to be mltigated to an acceptable lov81 In ts day to day operation. Res•rves Th• Charlty Commission defineg res8rv89 as th• part of a Chartty8 Income fvnds that13 freely avaJlabl8. Reserves are therefore th8 resources the charty has or can make available to spend for any or all of the charrty purpjses once It has met Its commltrnonts and covered Its other plann8d expenditures. At the end of the accounting period the Ch8rltys reserves comprised the fOllng. Total funds per balance sheet £72885 Avallable rnserv•g Tho Trustses have examined the needs and challenges of the Charity in both the short and medlum tsrms and condude that these reserves aro necessary. Trusts6• responsibiliues in relation to tho financlal statements The Trustees must comply wth their obligations under the Charities Acts 1993 and 2006 with regard to: the keeplng of accountlng records ft)r the Charity the preparation of annual ststements of account for the Charity the transm5ssion of the statements of th8 account to the Charity Cornmission the preparatfion of an annual report and tts transmission to the Commlssion the preparation of an annual retum and its transmlsslon to the commlsslon Accounts must be prepared in aCrdance wth the provisions of any Satement of Recommended Practice sued by thè Commisslon. On behaff of the board of Trustees Mr. Prabin Kharal Presldentrrrustees Date:.. 231051202CJ
SHANTI NEPALI SAMAJ BELAYAT STATEMENT OF FINANICAL ACTMTIES (INCLUDING INCOME AND EXPENDITRE ACCOUNT) FOR THE YEAR ENDED 31 OCTOBER 2024 Total Funds Perlod to 31.10.24 Total Funds Perlod to 31.1023 Unrestrfcted Restrlct*J funds Funds Note Incoming resources Incomlng r•sourcos frnm gen•rdted funds Voluntary Income Charitable actfvities 5,227 26 914 5,227 26 914 1,756 28,368 Totsl Incomlng resourcos 32,141 32,141 30,122 Resources expended Charftable activities Adminlstrdtive Expenses 21,553 3,435 21,553 3,435 23,452 2,685 Totsl resourceg expended 24 988 24 988 26 137 Net Incomlng resources 7153 3,985
SHANTI NEPALI SAMAJ BELAYAT BALANCE SHEEr AS AT 31 OCTOBER 2024 Nota 2024 2023 Current Assets Cash at bank and In hand 87 824.00 60,671.00 NET ASSETS 67 824.00 80 671.00 FUNDED BY Unrestrlctod funds Restrlctsd funds 67,824.00 60.671.00 67 824.00 60,671.00
SHANTI NEPALI SAMLI BELAYAT NOTES TO THE FINANCIAL STATEMENT YEAR ENDED 31 OCTOBER 2024 ACCOUNTING POLICIES Basls of accountjng These flnanclal statement6 have been prep8red in accordance wlth the applicable accountlng standards and follow th8 recommendatlon In the Statement of Rocommended Practice of Accountlng by Charlties (SORP). Income Income includes donatlons recelved and fees charged for memebership. Interest recelved Interest Is Included when recelved by the chanty. Expendltur8 Expendlture is recognlsed on the paid basls and has been dassifled under headlngs that aggregate all cost related to the category. Restrlcted and Unrestricted Funds General funds are unrestricted funds which are available for use at the dlrectlon of the Trusteed In furtherance of the general objectives of the charity and lch have not been d8slgned for other purposes. Designated funds comprtse unrestricted funds that have been set aside by the trustees for popular purposes. The alm and use of deslgnated fund Is set out In the notes to the financlal ststements. Restrlced fvrKls a funds which are to be used by the chanty for particular purposes. The cost of raising and administerfng such funds ere charged agalnst the specific fund. The aim and use of each restrlcted fund Is set out in the notes to the financlal statements. Totsl Funds Year to 31.10.24 Totsl Funds Year to 31.10.23 Unrestrlcted funds Restricted Funds Voluntsry income Donation Gift aid Trustee 5,227 5,227 1,756 5,227 5,227 1,756 Total Funds Year to 31.10.24 Total Funds Year to 31.10.23 Unr8stncted funds Restrlcted Funds Incomlng resources from charitable activitles Event Income Membership 20,016 6,898 20,016 6,898 27,621 745 26,914 26 914 28,366
SHANTI NEPALI SAMAJ BELAYAT NOTES TO THE FINANCIAL STATEMENT YEAR ENDED 31 OCTOBER 20 Total Funds Year to 31.10.24 Unrestricted fvndg Restrfcted Funds Totsl Funds Year to 31.10.23 4 Cost of charltablo actlvltlos Event expenses Donation box Charitable donation 18,924 18,924 21,752 2,629 2,629 1,700 21553 21553 23 452 5 Adminlstratlve Expenses Total funds Totsl funds Unrestrlcted fvnds Restrlcted Funds Year to 31.10.24 Year to 31.10.23 Sundry Nepali class expenses Admin expenses 126 1,891 1,418 126 1,891 1,418 144 936 1,605 3435 3,435 2,685 General fund 6 UNRESTRICTED FUNDS Balance at stsrt 60,671.00 Movement in fvnds for the year 7,153.00 Balance at 31 October 2024 67,824.00 Restricted General fund funds ANALYSIS OF NET ASSEfs BEfwEEN FUNDS Total Cash at bank and in hand Other net current liabilities
Independent examiner's report on the accounts CHARITY COMMISSION FOR ENGLAND AND WALES SoGtio.n A," Independent Examinerfs Report Report to the trusteesl members of SHANTI NEPALI SAMAJ BELYAT On accounts for the year ended 31ST OCTOBER 2024 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") and that an independent examination Is needed. It is my responsibility to. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down In the general Directions given by the Charity Commission (under section 145(5)(b) 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 of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also Includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees Conrning 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 Irue and fair. view and the report is limited to those matters set out in the statement below. Independent In connection with my examination, no matter has come to my attention examiner's ststement (other than that disclosed below ") which gives me reasonable cause to believe that in. any material respect, the requirements. to keep accounting records in accordance with section 130 of the Charities Act., and to prepare accounts which accord with the accounting records and comply with 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 if they do not apply. Date: 2310512025 Signed: Name: MR SUNDAR KHATIWADA Relevant professional l FCCA, THE ASSOCIATION OF CHARTERED CERTIFIED ACCOUNTANTS IER
qualification(s) or body {if 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 accordance with s132 of the Charities, Act 2011 and those accounts do not comply with the quirements of the 2008 Regulations setting out the fomi and content of charfty accounts,. any material expenditure or action wfiich appears not to be in accordance with the trusts of the charity., any failure to be provided with infomation and explanations by any past or present tnjstee, officer or employee: and any material consistency between the accounts and the trustees, annual report) IER