**REGISTERED CHARITY NUMBER: 1167520** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2024 TO 31 MARCH 2025** ## **FOR** ## **KOLMA BAHAKOT SAMAJ UK** WHITEGATES ACCOUNTANTS 49 WHITEGATE DRIVE BLACKPOOL LANCASHIRE FY3 9DG **KOLMA BAHAKOT SAMAJ UK** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2024 TO 31 MARCH 2025** Page Report of the Trustees 1 to 2 Independent Examiner’s Report 3 Statement of Financial Activities 4 Balance Sheet 5 Notes to the Financial Statements 6 to 8 Detailed Statement of Financial Activities 9 **KOLMA BAHAKOT SAMAJ UK** ## **REPORT OF THE TRUSTEES FOR THE PERIOD 1 APRIL 2024 TO 31 MARCH 2025** The trustees present their report with the financial statements of the charity for the period 1 April 2024 to 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** 1. The relief of poverty and advancement of education for the public benefit of persons living in Nepal, in particular but not exclusively by the provision of grants and scholarships. 2. To provide or assist in the provision of facilities in the interest of social welfare for recreation or the leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social circumstances with the object of improving their condition of life. ## **Significant activities** The trustees will identify areas which require aid. Once this has been identified, the trustees will visit the areas to identify what aid is required. The trustees will then report back to the other trustees in the UK and discuss and put together an action plan for providing aid overseas where required. ## **Public benefit** The charity aims to help out the general public who have been affected by disaster and poverty. ## **Grantmaking** Aid will be provided to the needy, no cash will be provided directly. All supplies will be invoiced and paid directly for by the charity. The trustees will visit families to ensure that they have received the aid and to ensure that by receiving such aid, a difference is made to their lives. ## **Volunteers** The charity intends to carry all overseas activity by the trustees. The charity will avoid distributing cash directly. Food will be purchased by the trustees and distributed by the trustees. Education fees will be paid directly to the school as well. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. ## **Recruitment and appointment of new trustees** In selecting individuals for appointment as trustees, the trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity. No one shall be appointed as a trustee if: (a) if he or she is under the age of 18; or (b) if he or she would be disqualified from office under the provision of Clause 11 in the trust deed No one shall be entitled to act as trustee whether on appointment or on any re-appointment as trustee until he or she has expressly acknowledged, in whatever way the trustee decide, his or her acceptance of the office of trustee of the charity. ## **Organisational structure** The first trustees shall hold office for a period of 3 years respectively. Page 1 **KOLMA BAHAKOT SAMAJ UK** ## **REPORT OF THE TRUSTEES FOR THE PERIOD 1 APRIL 2024 TO 31 MARCH 2025** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Induction and training of new trustees** The trustees must make available to each new trustee, on his or her first appointment: (a) a copy of the trust deed and any amendments to it, (b) a copy of the charity’s latest report and statement of accounts. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 1167520 ## **Principal address** 69 Robin Hood Close Farnborough Hampshire GU14 8TW ## **Trustees** D Gurung - appointed 17/4/16 B B Gurung - appointed 17/4/16 B K Gurung - appointed 17/4/16 K P Gurung - appointed 17/4/16 ## **Independent examiner** Whitegates Accountants 49 Whitegate Drive Blackpool Lancashire FY3 9DG Approved by order of the board of trustees on 13 March 2026 and signed on its behalf by: B B Gurung – Trustee Page 2 ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF KOLMA BAHAKOT SAMAJ UK** I report on the accounts for the period 1 April 2024 to 31 March 2025 set out on pages four to eight. ## **Respective responsibilities of trustees and examiner** The charity’s trustees are responsible for preparation of the accounts. The charity’s trustees consider that an adult is not required for this period (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. It is my responsibility to: - examine the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and - to state whether particular matters have come to my attention. ## **Basis of the independent examiner’s report** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosers in the accounts, and seeking explanation from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statements below. ## **Independent examiner’s statement** In connection with my examination, no matter has come to my attention: - (1) which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting records in accordance with Section 130 of the 2011 Act; and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Whitegates Accountants 49 Whitegate Drive Blackpool Lancashire FY3 9DG Page 3 **KOLMA BAHAKOT SAMAJ UK** ## **REPORT OF THE TRUSTEES FOR THE PERIOD 1 APRIL 2024 TO 31 MARCH 2025** **fund £ INCOME AND ENDOWMENTS FROM** Donations and legacies 34232 _____ **Total** 34232 **EXPENDITURE ON Charitable activities** 2 Support costs 320 Provision of services 35843 _____ **Total** 36163 _____ **NET INCOME** (1931) _____ **TOTAL FUNDS CARRIED FORWARD** (1931) **CONTINUING OPERATIONS** All income and expenditure has arisen from continuing activities. The notes from part of these financial statements Page 4 ## **KOLMA BAHAKOT SAMAJ UK** ## **BALANCE SHEET AT 31 MARCH 2025** **fund £ CURRENT ASSETS** Cash at bank 24193 **CREDITORS** Amounts falling due within one year 5 (320) _____ **NET CURRENT ASSETS** 23873 _____ **TOTAL ASSETS LESS CURRENT LIABILITIES** 23873 **_____ NET ASSETS** 23873 **FUNDS** 6 Unrestricted funds 23873 _____ **TOTAL FUNDS** 23873 The financial statements were approved by the Board of Trustees on 13 March 2026 and were signed on its behalf by: B B Gurung – Trustee The notes form part of these financial statements Page 5 **KOLMA BAHAKOT SAMAJ UK** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2024 TO 31 MARCH 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘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) (effective 1 January 2015)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have not been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised of particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. CHARITABLE ACTIVITIES COSTS** |||Direct costs Support costs Totals| |---|---|---| |||(See note 3)| |||£ £ £| ||Provision of services|27878 7965 35843| ||Support costs|- 320 320| |||______ ______ ______| |**3.**|
**SUPPORT COST**|27878 8285 36163| |||Management Governance Totals| |||cost| |||£ £ £| ||Support cost|- 320 320| ||Provision of services|- - -| |||______ ______ ______| |||- 320 320| Support costs, included in the above, are as follows: Page 6 ## **KOLMA BAHAKOT SAMAJ UK NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE PERIOD 1 APRIL 2024 TO 31 MARCH 2025** ## **3. SUPPORT COST – continued** ## **Management** Support cost Provision of Total services activities £ £ £ Advertising - 356 356 Event cost - 7609 7609 ______ ______ ______ - 7965 7965 ## **Governance costs** Support cost £ Accountancy and legal fees 320 ## **4. TRUSTEES’ REMUNERATION AND BENEFITS** There were no trustees’ remuneration or other benefits for the period ended 31 March 2025. ## **Trustees’ expenses** There were no trustees’ expenses paid for the period ended 31 March 2025. ## **5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** £ Accrued expenses 320 ## **6. MOVEMENT IN FUNDS** Net movement at 1/4/24 in funds at 31/3/25 **Unrestricted funds** £ £ £ General fund 25804 (1931) 23873 ______ ______ ______ **TOTAL FUNDS** 25804 (1931) 23873 Page 7 ## **KOLMA BAHAKOT SAMAJ UK NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE PERIOD 1 APRIL 2024 TO 31 MARCH 2025** ## **6. MOVEMENT IN FUNDS – continued** Net movement in funds, included in the above are as follows: Incoming Resources Movement resources expended in funds **Unrestricted funds** £ £ £ General fund 34232 (36163) (1931) ______ ______ ______ **TOTAL FUNDS** 34232 (36163) (1931) **7. RELATED PARTY DISCLOSURES** There were no related party transactions for the period ended 31 March 2025. Page 8 ## **KOLMA BAHAKOT SAMAJ UK** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 1 APRIL 2024 TO 31 MARCH 2025** **INCOME AND ENDOWMENTS £ Donations and legacies** Donations 34232 ______ **Total incoming resources** 34232 **EXPENDITURE Charitable activities** Project Cost 27878 **Support cost Management** Advertising 356 Event costs 7609 ______ 7965 **Governance costs** Accountancy and legal fees 320 ______ **Total resources expended** 36163 ______ (1931) This page does not form part of the statutory financial statement Page 9