2023-08-31-accounts - Nepal Earthquake Recovery Fund

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Trustees’ Annual Report for the period

From 1[st] September 2022 to 31[st] August 2023

Charity name: NEPAL EARTHQUAKE RECOVERY FUND (NERF)

Charity registration number: 1162850

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Objects: The relief of financial need and suffering among victims of natural or other kinds of disaster including but not limited to the earthquake of 25 April 2015 in the Federal Democratic Republic of Nepal and its after effects, in the form of money (or other means deemed suitable) for persons, communities, and/or organisations affected.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	NERF has raised funding through efforts focused in the United Kingdom for the purpose of making grants to registered non-governmental organisations in Nepal in line with its Objects stated above and in accordance with its Grant Making Policy.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Trustees understand and have had regard to the Charity Commission’s guidance on Public Benefit.

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	SORP reference
Policy on grant making	Para 1.38	NERF has a Grant Making Policy which requires adherence to certain principles and for the Trustees to be in unanimous agreement before funds can be released. There is no fixed limit to grants but Trustees seek to ensure that there is sufficient funding remaining for other projects and to ensure that the reserves remain intact.

Trustees pay particular attention to the
following:
a) the amount of unrestricted funding
available or restricted funding which
may suit the project run by the
recipient;
b) whether the potential recipient
already receives a considerable
amount of large-scale public
support;
c) whether the objects of the
potential recipients fit within
the particular areas of interest
of NERF;
d) whether the size of grant which
NERF can make available is such as to
make a significant difference to the
recipient; and
e) whether a Trustee has
direct knowledge of the work
of the recipient.
Thematically NERF’s grant-making operates
in three areas:
1. Health which currently includes the
Psycho-Social Support Programme,
(PSSP) and the Menstrual Health
Programme, (MHP);
2. Volunteer Trek Projects where
volunteers raise monies though
sponsorship to fund the projects
that they help with whilst trekking
in Nepal (VTP); and
3. The Disaster Risk Reduction (DRR),
providing landslide and flood
protection.

			3. The Disaster Risk Reduction (DRR), providing landslide and flood protection.
Policy on including investment	social investment program related	Para 1.38	NERF has continued to provide and oversee grants made to Nepali organisations that support disadvantaged and marginalised groups and communities.
			Other activities include the expansion of
			the Menstrual Health Programme, (MHP),
			continued support for a school with shoes
			for students, Disaster Risk Reduction (DRR)
			andprovidingextra income for traditional

		artisans badly affected by the earthquakes.
Contribution made by volunteers	Para 1.38	Volunteers have been essential in continuing NERF programmes. Although we have had no use for volunteers this financial year. All volunteers are provided with the ‘Volunteer Code of Conduct’ and required to read and sign a copy when in-country. NERF also provides an information pack for reference, including the constitution.

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	In 2022 – 2023 NERF’s NERF made one grant to Nepal Gaja Development Foundation in order to fund a water source construction project in Lekhani VDC.

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	NERF finished the year with a decrease in revenue from £3,073 to £1,706 and a slight increase in spending from £480 to £540. Within this budget however we were able to build a new website and launch it and we also achieved better pricing on our internal software systems.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The charity has maintained its policy of a minimum cash reserve of £2,000. This is a comfortable margin as the entire running costs of NERF in the year 2022 - 2023 (including the cost of running events not borne by the trustees) was only £540.


Amount of reserves held	Para 1.22	NERF’s reserves at the end of the year was £30,132 leaving reserves of £28,132.

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The charity’s principal sources of funds (including any fundraising)	Para 1.47	The charity received most of its funds from online donations and individual donors during the last period. One grant were made during the period in the amount of £2,628 as noted above. Trustees have sought to keep running costs to a minimum through pro bono contributions from volunteers and attaining best value for expenditure in all situations. NERF is not seeking to make any investments. However, where NERF has been required to purchase materials for example to use for fundraising events it has always sought to obtain these from ethical sources.
A description of the principal risks facing the charity	Para 1.46	Risks The Trustees are continuing to take advice on the risks involved while working in rural, remote, deprived and vulnerable communities. This includes risks relevant to personal injury, programme integrity and the well-being of beneficiaries. This advice is sourced from industry professionals, peer educators and experienced organisations. NERF funded programmes which are implemented by NERF’s partners do involve students of varying ages. Consequently, safeguarding has been discussed extensively among the Board and Trustees ensure that all partner charities operating in Nepal have effective safeguarding measures before projects are funded. Our field trustee, David Morrall, who has the majority of face-to-face contact with NERF’s partner organisations has completed an up-to- date enhanced Disclosure Barring Service (DBS) check and continues to develop his training through courses offered by different professional,academic and charitable sector

bodies. In addition, David also works with two other UK based charity organisations and adheres to their training and safeguarding policies.

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document	Para 1.25	Constitution
How is the charity constituted?	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Appointed by consensus of the Trustees

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Policies and procedures adopted for the induction and training of trustees	Para 1.51	New and existing trustees are required to familiarise themselves with ‘The Essential Trustee’ booklet published by the Charity Commission. In addition trustees review, recommended and share other relevant guidance published by the Charity Commission and other appropriate bodies, for example the Department for International Development (“DFID”) “Disaster Ready”.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	NERF is dependent on its partner organisation in Nepal. NERF is also a member of BRANNGO: http://www.branngo.org.uk/. Apart from these relationships NERF is completely independent.

Reference and Administrative details

Charityname	Nepal Earthquake RecoveryFund
Other name the charityuses	NERF
Registered charitynumber	1162850
Charity’s principal address	56 Bernard Street St Albans Hertfordshire AL3 5QN

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)
Geraint John-Skinner	Chair of Trustees	Whole Year	N/A
Amanda Weisbaum	Trustee	Whole Year	N/A
David Morrall	Trustee	Whole Year	N/A
Jacob Strange	Trustee	Whole Year	N/A

There are no other Trustees.

Declarations

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 (eg Secretary, Chair, etc) Date	Geraint John-Skinner David Morrall	Geraint John-Skinner David Morrall

		David Morrall
	Chair of Trustees
	28.06.2021
	28.06.2021

NEPAL EARTHQUAKE RECOVERY FUND 1162850 Receipts and payments accountspts and payments accountsts and payments accountspayments accountsayments accountsyments accountsments accounts CC16a

Receipts and payments accountspts and payments accountsts and payments accountspayments accountsayments accountsyments accountsments accounts

For the period Period start date Period end date To from 9/1/2022 8/31/2023

Section A Receipts and payments

A1 Receipts BACS Donations 560 Amazon donation 36 Paypal GivingDonation - EasyFundraising 17 Facebook fundraising Paypal donations 928 Payroll Giving 100 Gift Aid - Refund 10 Interest 55 1,706 Unrestricted funds to the nearest £ *Sub total*(Gross income for AR)	A1 Receipts BACS Donations 560 Amazon donation 36 Paypal GivingDonation - EasyFundraising 17 Facebook fundraising Paypal donations 928 Payroll Giving 100 Gift Aid - Refund 10 Interest 55 1,706 Unrestricted funds to the nearest £ *Sub total*(Gross income for AR)	to the nearest £ - - - - - - - Restricted funds	to the nearest £ - - - - - - - Endowment funds	Total funds to the nearest £ 560 36 - 17 - 928 100 - 10 55 1,706	Last year to the nearest £
BACS Donations	560	-	-	560	2,661
Amazon donation	36			36	41
Paypal GivingDonation	-			-
EasyFundraising	17	-	-	17	8
Facebook fundraising		-	-	-
Paypal donations	928	-	-	928	553
Payroll Giving	100	-	-	100	-
Gift Aid	-	-	-	-	-
Refund	10			10
Interest	55			55
*Sub total*(Gross income for AR)	1,706	-	-	1,706	3,263
- - Sub total - Total receipts 1,706 A2 Asset and investment sales, (see table).		- - - -	- - - -	- - - 1,706

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		-	-	1,706	3,263

A2 Asset and investment sales,
(see table).
	-	-	-	-
	-	-	-	-	-
*Sub total*	-	-	-	-	-

*Total receipts*	1,706	-	-	1,706	3,263

- - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - -	540 - - 2,628 - - - - - 3,168 - - - 3,168 - - 594
			480
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			480



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			480

-	-		2,783
-	-	-	-
-	-	-	-
-	-	594	2,783

Section B Statement of assets and liabilities at the end of the period

Unrestricted Restricted Endowment funds funds funds

Categories

Details

B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees	Primary bank account balance Details - Details Details Details Signature *Total cash funds* (agree balances with receipts and payments account(s))	to nearest £ to nearest £ 30,132 - - - - 30,132 - to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Geraint John-Skinner David Morrall Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional)	to nearest £
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			to nearest £ Endowment funds
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			Date of approval
		Geraint John-Skinner	17.08.2023
		David Morrall	17.08.2023