**Trustees' Annual Report for the period** 


|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|
|---|---|---|---|---|---|---|---|
|**From**|Period start date|||**To**|Period end date|||
||Day<br>30|Month<br>01|Year#<br>2024||Day<br>30.|Month<br>01|Year<br>2025|



## Section A                        Reference and administration details 

**Charity name** Develop Bhutan **Other names charity is known by 1162799 Registered charity number (if any) Charity's principal address** 81 Waldegrave park **Postcode TW1 5TJ** 

## **Names of the charity trustees who manage the charity** 

|1<br>2<br>3<br>4<br>5<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>15<br>16<br>17<br>18<br>19<br>20|**Trustee name**|**Office (if any)**|**Dates acted if not for**<br>**whole year**|**Name of person (or body)**<br>**entitled to appoint trustee (if**<br>**any)**|
|---|---|---|---|---|
||Dawa Dem||||
||Neil Hope||||
||Graham Irons||||
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March **2012** 

**TAR** 

1 



## **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)** 

**Section B              Structure, governance and management** 

## **Description of the charity’s trusts** 

Type of governing document 

CIO 

- (eg. trust deed, constitution) 

Charity governing documents How the charity is constituted 

- (eg. trust, association, company) 

Appointed by founder and chair of the trustee Trustee selection methods 

- (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** 

March **2012** 

**TAR** 

2 



|**Summary of the objects of the**<br>**charity set out in its governing**<br>**document**<br>**Summary of the main activities**<br>**undertaken for the public**<br>**benefit in relation to these**<br>**objects (include within this**<br>**section the statutory**<br>**declaration that trustees have**<br>**had regard to the guidance**<br>**issued by the Charity**<br>**Commission on public benefit)**|The following object are for the public benefit: - 1) the prevention or relief of<br>poverty in bhutan by providing or assisting in the provision of education,<br>training, healthcare projects and all the necessary support designed to<br>enable individuals to generate a sustainable income and be self-sufficient;<br>and<br>2) to promote Bhutanese art, culture and heritage in london through the<br>establishment and maintenance of a cultural centre to showcase<br>bhuatanese culture and traditions.|
|---|---|
||No activities have been carried our|



**Additional details of objectives and activities (Optional information)** 

March **2012** 

**TAR** 

3 



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

- policy on grantmaking; 

- policy programme related investment; 

- contribution made by volunteers. 

Section D                      Achievements and performance 

March **2012** 

**TAR** 

4 



Section D                      Achievements and performance 

**Summary of the main achievements of the charity during the year** 

March **2012** 

**TAR** 

5 



## **Section E                    Financial review** 

The charity has limited income to develop reserve policy at the moment 

**Brief statement of the charity’s policy on reserves** 

**Details of any funds materially 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)** 

**Full name(s)** Dawa Dem **Position (eg Secretary, Chair,** Trustee **etc)** 

**Date** 27/11/2025 

March **2012** 

**TAR** 

6 



TAR
Maich 2012


**Charity Name No (if any) Develop Bhutan** 

## **Receipts and payments accounts** 

Period start date 

Period end date 30.01/2025 

**For the period from** 

**To** 

1/30/2024 

## **CC16a** 

## **Section A Receipts and payments** 

**Unrestricted Restricted Endowment funds funds funds** 

**Total funds Last year** 

|**Section A Receipts and payments**<br>**Unrestricted**<br>**funds**|**Restricted**<br>**funds**|**Endowment**<br>**funds**|**Total funds**|**Last year**|
|---|---|---|---|---|
|**A1 Receipts**<br>Educational teachinglearning<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**_Sub total_                               -**<br>**_Total receipts_                            -**<br>**to the nearest      £**<br>**_Sub total_**(Gross income for AR)<br>**A2 Asset and investment sales,**<br>**(see table).**|**to the nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**to the nearest £**|**to the nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**to the nearest £**|
|||**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**-**|**70**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**70**|
||||||
|||**-**<br>**-**<br>**-**|**-**||
||||**-**|**-**|
||||**-**|**-**|
||||||
||**-**|**-**|**-**|**70**|



## **A3 Payments** 

|**A3 Payments**|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||**-**||||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
||**-**||**-**||**-**||**-**||**-**||
|**_Sub total_ **|**-**||**-**||**-**||**-**||**-**||
||||||||||||
|**A4 Asset and investment**|||||||||||
|**purchases,(see table)**|||||||||||
||**-**||**-**||**-**||**-**||||
||**-**||**-**||**-**||**-**||||
|**_Sub total_ **|**-**||**-**||**-**||**-**||**-**||
||||||||||||
|**_Total payments_**|**-**||**-**||**-**||**-**||**-**||
||||||||||||
|**_Net of receipts/(payments)_ **|**-**||**-**||**-**||**-**||**70**||
|**A5 Transfers between funds**|**-**||**-**||**-**||**-**||**-**||
|**A6 Cash funds last year end**|**-**||**70**||**-**||**70**||**-**||
|**_Cash funds this year end_ **|**-**||**70**||**-**||**70**||**70**||





|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**||
|---|---|---|---|
|**Categories**<br>**B1 Cash funds**<br>**B2 Other monetary assets**<br>**B3 Investment assets**<br>**B5 Liabilities**<br>**B4 Assets retained for the**<br>**charity’s own use**<br>Signed by one or two trustees on<br>behalf of all the trustees|**Details**<br>**Details**<br>**Details**<br>**Details**<br>**Details**<br>Signature<br>Dawa Dem<br>**_Total cash funds_**<br>(agree balances with receipts and payments<br>account(s))|**to nearest £**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**to nearest £**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>Print Name<br>Dawa Dem<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**funds**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**funds**<br>**Fund to which**<br>**asset belongs**<br>**Fund to which**<br>**asset belongs**<br>**Fund to which**<br>**liability relates**<br>**Amount due**<br>**(optional)**|**to nearest £**<br>**Endowment**<br>**funds**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||OK|
||||**to nearest £**<br>**Endowment**<br>**funds**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**<br>**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**<br>**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**<br>**(optional)**|
|||||
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||||Date of<br>approval|
||Dawa Dem|Dawa Dem|11/27/2025|
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