Docusign Envelope ID: 830E7DB6-62E9-4EF6-BF52-A3F36163398E **Charity registration number 1166879 (England and Wales)** ## **PARDADA PARDADI EDUCATIONAL SOCIETY UK** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** Docusign Envelope ID: 830E7DB6-62E9-4EF6-BF52-A3F36163398E ## **PARDADA PARDADI EDUCATIONAL SOCIETY UK** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **Trustees** Mrs Emma Horne Mrs Fiona Marshall Mrs Anima Gupta Aggarwal Miss Suparna Malhotra Professor Subhash Anand MBE, PhD Mr Andrew Horne **Charity number (England and Wales)** 1166879 **Independent examiner** M J Bushell Audit LLP Ground Floor Kings House 101-135 Kings Road Brentwood Essex CM14 4DR Docusign Envelope ID: 830E7DB6-62E9-4EF6-BF52-A3F36163398E ## **PARDADA PARDADI EDUCATIONAL SOCIETY UK** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 3| |Independent examiner's report|4| |Statement of financial activities|5| |Balance sheet|6| |Notes to the financial statements|7 - 11| Docusign Envelope ID: 830E7DB6-62E9-4EF6-BF52-A3F36163398E ## **PARDADA PARDADI EDUCATIONAL SOCIETY UK** ## **TRUSTEES’ REPORT** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ The trustees present their annual report and financial statements for the year ended 31 March 2025. ## **About Pardada Pardadi Educational Society (PPES)** PPES is an Indian NGO based in Uttar Pradesh, North India. PPES was foundedin 2000 by Virender ‘Sam’ Singh (RIP). His journey was massively challenging as he had to overcome an entrenched patriarchal culture that is widespread on the Indian sub-continent. ## **Vision:** To support the facilitation and creation of a socially and economically empowered model for rural development. ## **Mission:** To support the delivery of rural development through education, employment and empowerment of girls and women. ## **About PPES** A non-profit organization educating and working with thousands of girls and women in 138 villages of Anupshahrtown in western Uttar Pradesh, India. PPES is achieving its vision by providing free education to girls and by empowering girls and women through community programs such as health and hygiene, economic empowerment and community development. ( **https://pardadapardadi.org/** ) ## **About PPES UK** Since 2016 PPES UK (formerly BETI), has been fundraising, and supporting this worthy Indian charity. PPES UK is run by a small team of volunteer trustees and advisors. Our work is entirely dedicated to supporting the vision, mission and strategies of PPES in India. ## **Principal Activities** Pardada Pardadi Educational Society UK’s (PPES UK) primary purpose is to support and fundraise for Pardada Pardadi Educational Society, (PPES). The Trustees organize fundraising events and apply for suitable grants from Organisations, foundations and individuals. PPES UK is entirely independent from PPES in India, and we do not have any control over activities and governance. Fundraising goals are determined by PPES UK and donors have the opportunity to determine on which projects their funds are spent. During the Audit process, the Indian Auditors confirm to PPES UK that funds are utilized according to the wishes of donors. ## **Key updates from 2024-2025** The founder of Pardada Pardadi Educational Society tragically passed away in July 2024, and the Trustees felt it appropriate to cancel the fundraiser in September 2024. This was a big set back emotionally for all supporters and friends of PPES. However the Trustees are pleased to report that Sam built an enduring legacy, and the operations and strategy for evolving PPES are robust and well executed. - 1 - Docusign Envelope ID: 830E7DB6-62E9-4EF6-BF52-A3F36163398E ## **PARDADA PARDADI EDUCATIONAL SOCIETY UK** ## **TRUSTEES’ REPORT** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ School admissions has risen to 3900 (March 31[st] 2025), as a result of the completion of the first phases of the infrastructure expansion project which has added vitally important classrooms. ## **Our Progress during 2024-25** Our primary goals for 2025 were to seek a pro bono legal support, expand relationships with Senior business leaders, build impactful case studies to support fundraising, diversify fundraising through experiental activities, and to run a fundraising event. The Trustees are pleased to report progress on all of these goals. PPES UK Secured 10 places in London Landmarks Half Marathon 2025, The runners raised a little over £4,000, which equates to the sponsorship of 10 girls education for a year. The Trustees set up Justgiving - improving fundraising opportunities through birthday giving and challenges undertaken by individuals **.** Over £16,000 has raised through this platform to date. The need for professionally run charities to regiser as a CIO Foundation is pressing and the Trustees are pleased to report that with the support of Pro Bono legal support, PPES UK’s application is progressing. The documentation of high impact case studies has also made solid progress, and to date xx case studies have been published. PPES and the UK Trustees, also worked in partnership to produce a 12 minute film about two pupils from PPES. The film depicts their story and the impact of education on their lives. During the past year, the Trustees have made some progress in building relationships with Business Leaders. As a result of their support, PPES UK is expanding gaining valuable experience in building an effective network. ## **Key Goals for 2025-2026** 1. Enter 10 runners for the London Landmarks Half Marathon 2026, and build a fundraising plan around the event to improve upon the 2025 success. 2. Keep raising the bar to improve the impact and messaging for fundraising event. The plan is to focus more on the impact of the school as the evidence of the long term benefits become more apparent. 3. PPES UK will celebrate its 10[th] anniversary in May 2026. The Trustees plan to create a brochure aimed at the benefits for Corporates and Foundations to partner with PPES. 4. Pre COVID, PPES made some progress in developing connections/partnerships with schools in the UK. The Trustees plan to explore reopening these iniatives and add mentorship programs, and volunteering opportunities at the school in India. 5. Enhance the experiences for UK volunteers, by developing a more structured volunteering program especially for the 18-30 age group. 6. Diversify fundraising with corporates and foundations adding 1-2 new partnerships.. 7. Build upon the success of publishing powerful case studies of the girls that are now economically independent as a result of their education at PPES. - 2 - Docusign Envelope ID: 830E7DB6-62E9-4EF6-BF52-A3F36163398E ## **PARDADA PARDADI EDUCATIONAL SOCIETY UK** ## **TRUSTEES’ REPORT** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **Structure, governance and management** The following trustees hold office: Emma Horne (Chair) Anima Gupta Aggarwal Professor Subhash Anand MBE, PhD Suparna Malhotra Fiona Marshall Andrew Horne The Trustees continue to engage MJ Bushell Chartered Accountants as the auditors for PPES UK. ## **Financial Review** PPES UK recorded total income £193,440 in the financial year, and net income of £7,382. Operating expenses were lower than 2024 at £3,359 (This is due to the fundraiser being postponed). A total of £178,000 was remitted to PPES in India. During 2024/2025 remittances to PPES India (£!78,000) exceeded income. This usually happens as a result of remittances in the prior year being less than income. The timing of remittances to PPES India are completed based upon mutual agreement and are sometimes impacted by the need for PPES India to be compliant with rules related to foreign exchange receipts as directed by the Government of India. High level financial information is as follows:- |Income (Fundraising income)|Income (Fundraising income)|£167,940|£167,940| |---|---|---|---| |Remittances to PPES India||£178,000|| |Total operating expenses||(£3,359)|| ||**Purpose of donations remitted to PPES India**||**Value of income £**| ||Girl Education Sponsorship||£22,257.16| ||Educationsupport andfurthereducation||£36,307.84| ||Captial Fund for school infrastructure||£119,435| The Trustees’ report was approved by the Board of Trustees. On behalf of the board .............................. 7CB39449BF2C472... Mrs Emma Horne **Trustee** 21 August 2025 Date: …………………… - 3 - Docusign Envelope ID: 830E7DB6-62E9-4EF6-BF52-A3F36163398E ## **PARDADA PARDADI EDUCATIONAL SOCIETY UK** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF PARDADA PARDADI EDUCATIONAL SOCIETY UK** I report to the Trustees on my examination of the financial statements of Pardada Pardadi Educational Society UK (the Charity) for the year ended 31 March 2025. ## **Responsibilities and basis of report** As the Trustees of the Charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. ## **Independent examiner's statement** Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the Charity as required by section 130 of the Charities Act 2011. - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. **Corné von Wielligh ACA** M J Bushell Audit LLP Ground Floor Kings House 101-135 Kings Road Brentwood Essex CM14 4DR 28 August 2025 Dated: ......................... - 4 - Docusign Envelope ID: 830E7DB6-62E9-4EF6-BF52-A3F36163398E ## **PARDADA PARDADI EDUCATIONAL SOCIETY UK** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**2**
51,713
377
Charitable activities
**3**
-
141,350
**Total income**
51,713
141,727
**Expenditure on:**
Charitable activities
**4**
15,775
170,283
**Total expenditure**
15,775
170,283
**Net income/(expenditure)**
35,938
(28,556)
Transfers between
funds
(28,556)
28,556
**Net movement in**
**funds**
7,382
-
**Reconciliation of funds:**
Fund balances at 1 April 2024
39,027
-
**Fund balances at 31 March**
**2025**
46,409
-|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
52,090
66,168
21,446
141,350
11,151
171,755
193,440
77,319
193,201
186,058
40,655
242,954
186,058
40,655
242,954
7,382
36,664
(49,753)
-
(49,753)
49,753
7,382
(13,089)
-
39,027
52,116
-
46,409
39,027
-|**Total**
**2024**
**£**
87,614
182,906
270,520
283,609
283,609
(13,089)
-
(13,089)
52,116
39,027| |---|---|---| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 5 - Docusign Envelope ID: 830E7DB6-62E9-4EF6-BF52-A3F36163398E ## **PARDADA PARDADI EDUCATIONAL SOCIETY UK** ## **BALANCE SHEET** ## _**AS AT 31 MARCH 2025**_ |||**2025**||**2024**|| |---|---|---|---|---|---| ||**Notes**|**£**|**£**|**£**|**£**| |**Current assets**|||||| |Debtors|**9**|25,500||34,186|| |Cash at bank and in hand||23,068||6,841|| |||48,568||41,027|| |**Creditors: amounts falling due within**|**10**||||| |**one year**||(2,159)||(2,000)|| |**Net current assets**|||46,409||39,027| |**The funds of the Charity**|||||| |Unrestricted funds|**11**||46,409||39,027| ||||46,409||39,027| 21 August 2025 The financial statements were approved by the Trustees on .........................[Korner] .............................. |[Emma] DocuSigned by: 7CB39449BF2C472... Mrs Emma Horne **Trustee** - 6 - Docusign Envelope ID: 830E7DB6-62E9-4EF6-BF52-A3F36163398E ## **PARDADA PARDADI EDUCATIONAL SOCIETY UK** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** ## **Charity information** Pardada Pardadi Educational Society UK, provides voluntary support, and offers free advice that helps to educate and empower thousands of disadvantaged girls and women in rural Northeast India. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the Charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, ## **1.2 Going concern** At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity. ## **1.4 Income** Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 7 - Docusign Envelope ID: 830E7DB6-62E9-4EF6-BF52-A3F36163398E ## **PARDADA PARDADI EDUCATIONAL SOCIETY UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** **(Continued)** ## **1.5 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. ## **1.6 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.7 Financial instruments** The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled. - 8 - Docusign Envelope ID: 830E7DB6-62E9-4EF6-BF52-A3F36163398E ## **PARDADA PARDADI EDUCATIONAL SOCIETY UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** ## **(Continued)** ## **1.8 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **2 Income from donations and legacies** ||**Unrestricted**|**Restricted**|**Total**|**Unrestricted**|**Restricted**|**Total**| |---|---|---|---|---|---|---| ||**funds**|**funds**||**funds**|**funds**|| ||**2025**|**2025**|**2025**|**2024**|**2024**|**2024**| ||**£**|**£**|**£**|**£**|**£**|**£**| |Donations and gifts|51,713|377|52,090|66,168|21,446|87,614| ## **3 Income from charitable activities** |**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**Charitable Activities**
Further education fund
-
38,193
Girls education
sponsorship
-
8,722
Capital
-
94,435
Other activities
-
-
-
141,350|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
38,193
-
10,280
8,722
-
13,540
94,435
-
147,935
-
11,151
-
141,350
11,151
171,755|**Total**
**2024**
**£**
10,280
13,540
147,935
11,151| |---|---|---| |||182,906| - 9 - Docusign Envelope ID: 830E7DB6-62E9-4EF6-BF52-A3F36163398E ## **PARDADA PARDADI EDUCATIONAL SOCIETY UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **4 Expenditure on charitable activities** ||**Charitable**|**Charitable**| |---|---|---| ||**Activities**|**Activities**| ||**2025**|**2024**| ||**£**|**£**| |**Direct costs**||| |Funds remitted|178,000|259,482| |Fund raising costs|4,699|16,415| ||182,699|275,897| |**Share of support and governance costs (see note 5)**||| |Support|3,359|7,712| ||186,058|283,609| |**Analysis by fund**||| |Unrestricted funds|15,775|40,655| |Restricted funds|170,283|242,954| ||186,058|283,609| _PPES UK is a fundraising organisation for PPES in India. As such the funds remitted to PPES in India for the charitable work are recorded as expenditure in the accounts. Note 5 provides the detailed actual operating costs for PPES UK._ ## **5 Support costs allocated to activities** |**Analysed between:**
Charitable Activities|**2025**
**£**
3,359
3,359|**2024**
**£**
7,712| |---|---|---| |||7,712| ## **6 Trustees** None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year. ## **7 Employees** The average monthly number of employees during the year was: |**2025**|**2024**| |---|---| |**Number**|**Number**| |6|5| - 10 - Docusign Envelope ID: 830E7DB6-62E9-4EF6-BF52-A3F36163398E ## **PARDADA PARDADI EDUCATIONAL SOCIETY UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **7 Employees** **(Continued)** Employees during the year consisted of only the trustees. There were no employees whose annual remuneration was more than £60,000. ## **Remuneration of key management personnel** ## **8 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. ## **9 Debtors** |**9**
**Debtors**||| |---|---|---| |**Amounts falling due within one year:**
Other debtors
**10**
**Creditors: amounts falling due within one year**
Accruals and deferred income|**2025**
**£**
25,500
**2025**
**£**
2,159|**2024**
**£**
34,186| |||**2024**
**£**
2,000| ## **11 Unrestricted funds** The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. |**At**
General funds
**Previous year:**
**At**
General funds|**1 April**
**2024**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
**At 31 March**
**2025**
**£**
**£**
**£**
**£**
**£**
39,027
51,713
(15,775)
(28,556)
46,409
**1 April**
**2023**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
**At 31 March**
**2024**
**£**
**£**
**£**
**£**
**£**
52,116
77,319
(40,655)
(49,753)
39,027| |---|---| - 11 -