Trustees’ Annual Report for the period
From 01/04/2021 Period start date To 31/03/2022 Period end date
Charity name: Baldev Goyal Charitable Trust
Charity registration number:1166898
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | General charitable purposes, education & training, prevention or relief of poverty, religious activities, arts & culture, Advancement of health or saving of life, promoting religious & racial harmony, supporting those with disadvantage and disability |
| 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 |
Donations to places supporting the charity’s purpose. For financial year 2021-2022 – religious and health-based activities. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Yes, the trustees have read the guidance issued by the Charity Commission on Public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | Donations made into the Charity’s fund made by volunteers |
Other
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 | Donations to the Hindu Welfare Association of Essex (HWAE) has allowed it to conduct religious and social events that promote peaceful worship and supported the Hindu community during periods of lockdown. It allowed purchase & maintenance of their equipment and allowed funding of face to face gatherings when lockdown restrictions were lifted. In particular it helped the running of the organisation when donations from the public were scare due to lock down restrictions. Donations to Great Ormond Street and Royal National Institute for the Blind allowed them to continue their research and health care to those in need they serve. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Positive balance of £105,055 in current account |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves held pending applications for grants. |
| Amount of reserves held | Para 1.22 | £105,055 in current account, no savings account held. |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | n/a |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Unincorporated |
| 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 | Original trustees remain in place. If one needed replacing, a new trustee would be proposed, seconded, and voted upon. A trustee should have the values pertaining to the purpose of the charity. |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | Baldev Goyal Charitable Trust |
|---|---|
| Other name the charity uses | BG Charity Trust |
| Registered charity number | 1166898 |
| Charity’s principal address | 81 Parkstone Avenue Hornchurch Essex RM11 3LT |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Mr Baldev Goyal | Foundingtrustee | |||
| Dr Mina Goyal | Chair | |||
| Mrs Sumitra Goyal | Trustee | |||
| Mr Andrew Coombe |
Trustee | |||
| Mr Sunil Gupta | trustee | |||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| Mr Baldev Goyal | ||
Funds held as custodian trustees on behalf of others
Description of the assets Nil held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
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 |
||
|---|---|---|
| Dr Mina Goyal | ||
Chair |
||
| 31/01/2023 | ||
| 31/01/2023 |
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Tax Return 21/22 - BG Charity Trust
2022 tax paid gross 20/21 tax paid gross 20/21 tax paid gross 10 19/20 tax paid gross 18/19 tax paid gross 17/18 16/17 15/16 14/15
Income -ALL Interest 01/06/21Mina Goyal 23/06/21a/c 91002405 08/09/21Interest 04/10//21Interest 04/10/21Interest 01/12/21Mina Goya l28/01/22Mina Goyal 02/02/22 42.29 501.00 15,000.00 275.25 3,875.00 45.79 10,000.00 5,000.00 - -
Subtotal 34,739.33 - - - - - - - - - -
TOTAL 34,739.33 - - - - - - - -
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| TAX RETURN 21/22- BG Charit | y Trust 91 19/22 20/21 19/20 18/19 17/18 16/17 15/16 14/15 Notes - - - - - - - - al - - - - - - - - 1,000.00 - - 500.00 1,000.00 1,100.00 101.00 251.00 al 3,952.00 C al al 200.00 500.00 100.00 al 800.00 al 10,000.00 al 10,000.00 14,752.00 |
|---|---|
Subtot Donations HWAE HWAE 22/04/21 HWAE 02/07/21 HWAE 15/09/21 HWAE 19/10/21 HWAE 24/11/21 HWAE 30/12/21 Subtot Subtot Subtot Other doanations RNIB 09/04/21 Veda foundation 15/10/21 GOS Subtot Subtot Miscellaneous B. Goyal Subtot TOTAL |
| TAX RETURN 21/22- Baldev Goyal C | haritable Trust 2021/22 Net Tax Gross 42.29 275.25 ** 3,875.00 45.79 0.00 0.00 0.00 0.00 |
|---|---|
INCOME Q10- Bank Interest Interest 01/06/21 Interest 04/10//21 Interest 04/10/21 Interest 01/12/21 Q10- Dividends |
|
| 4,238.33 0.00 0.00 |
|
| 0.00 0.00 0.00 0.00 0.00 0.00 |
|
| 0.00 0.00 |
Tax Free Investments
| TAX RETURN 2021/22- BG Charity Trust | |||
|---|---|---|---|
| RELIEFS | |||
| Net | 2021/2022 Tax @22% |
Gross | |
| Q14- Pension |
Q15 - Misc
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Tax Return 21/22 - BG Charity Trust
2022 tax paid gross 20/21 tax paid gross 20/21 tax paid gross 10 19/20 tax paid gross 18/19 tax paid gross 17/18 16/17 15/16 14/15
Income -ALL Interest 01/06/21Mina Goyal 23/06/21a/c 91002405 08/09/21Interest 04/10//21Interest 04/10/21Interest 01/12/21Mina Goya l28/01/22Mina Goyal 02/02/22 42.29 501.00 15,000.00 275.25 3,875.00 45.79 10,000.00 5,000.00 - -
Subtotal 34,739.33 - - - - - - - - - -
TOTAL 34,739.33 - - - - - - - -
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| TAX RETURN 21/22- BG Charit | y Trust 91 19/22 20/21 19/20 18/19 17/18 16/17 15/16 14/15 Notes - - - - - - - - al - - - - - - - - 1,000.00 - - 500.00 1,000.00 1,100.00 101.00 251.00 al 3,952.00 C al al 200.00 500.00 100.00 al 800.00 al 10,000.00 al 10,000.00 14,752.00 |
|---|---|
Subtot Donations HWAE HWAE 22/04/21 HWAE 02/07/21 HWAE 15/09/21 HWAE 19/10/21 HWAE 24/11/21 HWAE 30/12/21 Subtot Subtot Subtot Other doanations RNIB 09/04/21 Veda foundation 15/10/21 GOS Subtot Subtot Miscellaneous B. Goyal Subtot TOTAL |
| TAX RETURN 21/22- Baldev Goyal C | haritable Trust 2021/22 Net Tax Gross 42.29 275.25 ** 3,875.00 45.79 0.00 0.00 0.00 0.00 |
|---|---|
INCOME Q10- Bank Interest Interest 01/06/21 Interest 04/10//21 Interest 04/10/21 Interest 01/12/21 Q10- Dividends |
|
| 4,238.33 0.00 0.00 |
|
| 0.00 0.00 0.00 0.00 0.00 0.00 |
|
| 0.00 0.00 |
Tax Free Investments
| TAX RETURN 2021/22- BG Charity Trust | |||
|---|---|---|---|
| RELIEFS | |||
| Net | 2021/2022 Tax @22% |
Gross | |
| Q14- Pension |
Q15 - Misc