TRANSFORMING HEALTH AND EDUCATION IN NEPAL REGISTERED CHARITY NO 1165013 ACCOUNTS AND TRUSTEES. REPORT FOR THE YEAR ENDED 31st JULY 2025 INDEX PAGE Constitution and administration Report of the trustees Statement of financial actmtles Balance sheet Notes to the accounts 5t08 Trustees, approval Independent examiner's report io
TRANSFORMING HEALTH AND EDUCATION IN NEPAL REGISTERED CHARrrY NO 1165013 CONSTrruTION AND ADMINiSTIiATION Transformir Health and Edutatiorn in Nepal was re6tstered as a'charitable Incorpornted ofganisation, ICIOI wrth the Charlty Commisslon lor England and Wales on 4th January 2016 under charity number 1165013. The charity also uses the abbrated Thame ThEN'. The tharity's goveming document Is itsconstitution. which was originallyapproved by the trustees in September 2015 but subsequently revised In December 2015 followin8 con5ultatlons with thè Charity cornm19n a5 part of the rewstratlon process. The charity is a'foundation. CIO $0 ffs only members are its tru5tee5. The powerof appointln8 new trustee5 lies with the existin8 trust. The followin8 hdd offi'ce as trustees durin8 the year ended 31st ju 2025.. Mrs Cynthia Chadwell Mr Stephen Francis Mr Joel Hafvenstein Mr Richard Harniess Mr Andrew Kohn Mrs Phillipa Munday Mr Daniel Parnell Mlss Joy Ransom The object of the charity. a5 Set out In Its constrtullon, Is"to advance edueatlon aftd promote and protect gocY heath for the publlc benefit in Nepal, In partlcular by makln8 grants and providlng resources to asslst the charitable work of 'Human Dèvèlopment and Community ServKes' IHDCSI, an NGO operating in Nepal.. Thè trustees are aware of the Charity Commission's 8uldance on public benefit and belSeve that the above obièdi¥è is in line that guidance. In Septembèr 2016 the charty re8lStered vAth H M Revenue and Customs lunder relerenee EW544671 to enabl¢ gift aid tax repayments to be claimed where appropriate. The charily's registered address is.. Newminster HcwJse 27- 29 Baldwln Street bri0[ BSI ILT PAGE I
TRANSFORMING HEALTH AND EDUCATION IN NEPAL REGISTERED CHARITY NO 1165013 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31stJULV 2025 During the yearthe charity continued to reNe donation5 from individuals and other organisations, indudin8 churches. and grants from other charlties to be used to 5UPPOrt the work of Human Development and Cornmunity Services IHOCSI. an NGO operatln8 in Nepal. Thls Includes the hospital work of itself. the educational work of Kathmandu International Study Centre IKISCI, whlch Is part of HDCS. and the teacher tralnlng and related work of EQUIP. whlch b5 part of KISC The arnoLrnts receivable in the year to july 2025. indudirw8ift aid tax recovery. totalled £24,60812024 E28,7861. of whlch £19.48212024 £15.0421 was 8tn in support of specSfic projects. These amounts were therefore trèated as restrKted lunds. A summary of M0mentS In the char$ fund51s Riven In note 10 to the accounts on page 8. The grants made bythe charlty dur1 the year totalled ÉS3.73712024 £4.5871 and included the followng specrfic projects and areas of work.. Year to 31st July 2025 Yeai to 315t July 2024 HDCS Work In hospttals 3,127 KISC New t*Jildin8 Primary Ilbrary Bursary fund Play8round up8rade Basketball court Teachln8 Assistani salarfes Flood appeal 350 262 270 625 2,264 4,236 2.183 67S 10.333 532 EQUIP Scooter Feeding prts8ram Llbrary provi510n Scholarships IT lab Teacher tralnln8 General work 383 Ic 1.413 7.240 920 19.966 TOTAL RESTRICTED FUNDS 33,426 1,935 UNREThICTED for work at K15C 20,311 2,652 53,737 4,587 PAGE 2
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TRANSFORMING HEALTH AND ÈOUCATION IN NEPAL REGISTERED CHARfTh NO 1165013 NOTES TO THE ACCOUNTS FOR THE YEAR ENDE D 315t JULY 2025 ACCOUNTING BASIS ANO POLiaES In earller years the charlty prepared its accounts on the receipts and payments basis. whith reflected the simple natute of its activities. In the year ended 31st July 2022 there was a change in the way some of the grants payable were dealt with. as set out in note 6. In the light of that chan8e the accounts for that year were prepared on the accruals basls and the comparative figures lor the year ended 31si July 2021 were restated accordln6fy. The accounts are now prèparèd on the acuuals basls. The accounts are prepared In a(cdanCe ¥Jlth the requlrements ol the Charlties Act 2011 ard wfth the Charities SORP IFRS 1021 and Financial Reportin8Stsndard 102. The accounts ère prepared on the historical cost ba515. The accounts are prepared us4n¥the followlng princlpal accounUnB polldes.. INCOMING RESOURCES.. Grants and donations are offt Included in the SOFA when the charity has unconditlonal entitlement to the resources. Gift aid tax recoverablt is included in the SOFAwhen there Is a ¥alld declaration from the donor. The amount recovered on a donation Is consldered to be part of that gfft and Is treated as an additlon io the same fund as the inrtial donation unlessthe donor orthe terms of the appeal have specified othervAse. OUTGOING RESOURCES.. Grants payable a ieco8nlsed as a Ilabllty as S¢4Jn as they have been approved by the trusttts. Other liablilities are recognised as 500n as there Is a le8al or constructivè obliwson committing the tharityto Pay ¢*ut resources. FUNDS AND RESERVES Thè charity recewes 8rants from other chartties and donalions from individua15 and other or8anisatiofis, including churches. Mosi of this Income is designated for specific projects in Nepal and these arnounts are treated as'restricted fvnds.. The balance of non specific givln81s re8arded as an'unre5tricted fund,. The charlty has no $ff or premises and its costs and expenses are therefore minirnal. There is no need or desire to build up reserves and it Is the trustees, Intention to pass on as muth of its irKome as possible by way of arants. PAGES
TRANSFORMING HEALTH AND EDUCATION IN NEPAL REGISTERED CHARrrY NO 1165013 NOTES TO THE Accoupifs FOR THE YEAR ENDED31stJULY 2025 Icontlnuedl DEBTORS 2025 2024 Income tsx recoverable under81ft ald 328 CASH AT BANK 202S 2024 Co Operatlve Bank Communlty Dlrecwlus account 29.042 3S.437 CREDttORS AND ACCRUALS 2025 2024 Sundry expenses BALANCE OUE TO KAThMANDU INTERNATIONAL STUDY cErRE IKIS 2025 2024 Balance held for KISC at start of year Grant received from another charity Grants payable from THEN 1,901 22.436 26.424 2.087 3.988 Amounts pald on behalf of KISC Balance held for KISC at end of year 26,424 3.988 Wtth the Wren agreement ofthe relewant donors, the above grants due to KISC are bein8 held in the UK and used to make paYntS on behalf of KISC as requested by them. PAGE 6
TRANSFORMING HEALTH AND EDUCATION IN NEPAL REGISTERED CHARITY NO 1165013 NOTES TO ThE Accoupifs FOR ThE YEAR ENDED 3tstJULY 2025 IcontiTrued) STAFF NUMBERS AND COSTS The charfty has no employees and there were therefore no staff costs in thls or the previous year. TRUSTEE REMUNERATION, EXPENSES AND DONATIONS AND RELATED PARTYTRANSAcfioNS None of the tnjstees receNed any remuneratlon or payments In thls or the previws year apart from the reimbursement of out of pockei expenses In¢urred on behalf of the tharlty. The trustees made treewill donations to the thar durin8 the year ot £1,8Cty)12024 É2,7th)1. There were no related party trahsac¢lon5 requlrln8 d5sc10su In thls or the previous year. INDEPENDENT EXAMINER The trustees are 8rateful to Mr Tim Forth. our independent examlner, for providlng his sènrf¢es wlthout char8e. PAGE 7
TRA115FORMINfj HEALTH AND EDUCATION IN NEPAL REGISTERED CHARITY NO 1165013 NOTES TO THE AccouNf5 FOR THE YEAR fllDEO 3tst JULY 2025 {tontlnuedl io FUND MOVEAAENTS RestrKted Unre5tricled funds fund Total funds Funds brou8ltt forward at 1st August 2023 Donations and 8rants recefvable Glft ald tax reroble 1.146 14,494 6,491 13,544 2CQ 20,235 7,637 28.038 16.188 36,423 Grants approved Costs and exPee5 le55 Intsrest 11.9351 12,6521 14,5871 1591 1591 Funds carrd fowward at 31st July 2024 Donatlons and 8rants recelvable Gift aid tax recoverable 14,253 19.119 363 33,735 17.524 4,970 156 22.650 31.777 24,089 519 56,385 Grants approved Costs and txptnsts less Interest 133.4261 120.3111 153,7371 1301 Funds carrled forward at 3tst July 2025 309 2.309 2.618 Details of thè s¢ prolects and areas ol work included In the grants approved In the two years to 31stJuly 2025 are set oul in the report of the trustees on page 2. PAGE 8
TRANSFORMING HEALTH AND EDUCATION IN NEPAL REGISTERED CHARITY NO 1165013 TRU5TEE5' APPROVAL The accounts and notes and the trustees, report fw the year ended 31st July 2025 set out on pages I to 8 were approved bythe trustees at a meetin8 heid n 29th April 2026 558ned on behalf of the trusiees Narne S D Frant Name D M Parnell Sl8nature Sl8nature PAfjE9
TRANSFORMING HEALTh AND EDUCATION IN NEPAL REGISTERED CHARITY NO 1165013 IIIDEPENDENT EXAMINERS REPORT I report to the trustees of Transforming Heatth and Education in Nepal lhe Charty'l on my exarnination of the accouvts of the Charity for the year ended 31stJuly 2025. RESPONSIBIUTIES AND BASIS OF REPORT As the Charity's trustees. you are responsible for the preparation of the accounts In accwdance wlth the requiremènts of the Charities Act 20111.ihe Act'l. I report in respect of rny examination of the Charity's accounts carried out under Section 145 of the Act and in carrying out myexamination, I have followed all the applicable Dlrections gNen by the Charity Commission under section 145ISllbl of the Art. INDEPENDENT EXAMINER'S STATEMENT I have completed my examinèthjn. I conflrrn that no material matters have come io my attention In tonnectlon wi(h the examinion that 8Ne mt tause to believe that, in any material respect.. the accountinB records were not kept In accordance wlth sertion 130 of the Act,. or the accounts did not accord wlth the accountlng records., or the accounts did not comptywSth the applicable requirements concemin8 the form and content of accounts set out in the Charities (Accounts and Reports) Regulatlon5 21J)8 other than ary requirement that the accounts give a'irue and falr, vlew whlch Is not a matterconsldered as part of an independent examinatlon. I have no concerns and have Come across no other matters in connertion wlth the examinatlon to which attentlon should be drawn In this rep)rt In order to enable a proper understsndin8 of the accounts to be feached. Name A TRFlrthFCA Addre$5 Flat i 92 Denbiah Str London SWIV 2EX Sl6nature QJ,¢J J Date l."L £o£L PAGE 10