2024-04-05-accounts - Srinivas/ Usha Charitable Trust

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Trustees’ Annual Report for the period

From 6 April 2023 Period start date To 5 April 2024 Period end date Charity name: SRINIVAS/ USHA CHARITABLE TRUST

Charity registration number: 1167851

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The Trustees shall hold the capital and income of the Trust fund upon trust to apply the income, and all or such parts of the capital, at such time or times and in such manner to, or for the benefit of, such exclusively charitable objects and purposes in any part of the world as the Trustees may in their discretion think fit.
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	During the year the organisation endeavoured to provide funds for such charitable causes that would further the objects of the purposes for which the charity was set up. Grants were made directly to support various causes that assist children’s health and education and community centres that help the elderly. The organisation continues to look at the needs of various charities and is seeking ways in which to meet its objectives.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	We confirm the trustees have had regard to the Charity Commission’s guidance on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
	Para 1.38
Policy on grant making
	Para 1.38

Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference During the year, the Foundation made total donations of £148,805 (2023: £52,275). Some of the bigger donations made during Summary of the main the year are described below: - Para 1.20 achievements of the charity, identifying the difference the Funds were donated to Pestalozzi World to charity’s work has made to provide education for disadvantaged the circumstances of its children in Asia and Africa by teaching beneficiaries and any wider practical skills, technical knowledge and benefits to society as a ethics. The Pestalozzi World scholars are whole. selected on the basis of ability as well as need, two girls to every boy. The aim of the charity is to educate poor students from rural communities in India, Nepal, Malawi, Thailand and Zambia. In addition, funds were also donated to a charity known as Friends of Baale Mane. The Friends of Baale Mane Gopalapura is a UK registered charity which exists for the sole purpose of supporting Baale Mane. Baale Mane is a member of Keeping Children Safe (KCS). KCS is an independent not-for-profit organisation. They set out internationally recognised child safeguarding standards that ensure all organisations working directly for and with children have comprehensive safeguarding measures in place. Their independence means that their standards and advice are not influenced by any other organisation or government. As a member, Baale Mane is committed to protecting children by developing and promoting the KCS International Child Safeguarding Standards. Funds were also donated to a charity known as Second Sight. Second Sight works in rural Bihar in North India where poverty is the direct cause of people’s problems and

blindness compounds their poverty. Their
mission is to restore sight to any woman,
man or child and to help prevent blindness.
The foundation also donated to a charity to
a known as the Sylvia Wright Trust, which is
a registered charity which supports the work
of Sylvia Wright in the Indian State of Tamil
Nadu. Sylvia, a nurse from Leeds in the UK,
sold her home and possessions in 1982, to
work relentlessly and courageously among
the sick and disabled in this very poor area
of India. Over the years Sylvia built and
established a 180 bed charity hospital, a
residential school for 200 profoundly deaf
children, two day centres for 80 severely
disabled children, a Nursing College for 60
students as well as running many
community health projects.
The foundation has also donated funds to
the British Heart Foundation in order to help
those affected by heart and circulatory
diseases.
During the year to 5 April 2024, the
Shrinivas/ Usha Charitable Trust had also
donated funds to various other charities for
charitable purposes.

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	The charity only has unrestricted funds.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	These funds are available to be paid out in charitable donations. These funds are regularly reviewed by the trustees.
Amount of reserves held	Para 1.22	£17,136
Reasons for holding zero reserves	Para 1.22	The Trustees are of the opinion that they did not need to hold any reserves as they felt that making donations to worthwhile charitable causes was more beneficial to further the objects of the Foundation.
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 any fundraising)	Para 1.47
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
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	Trust
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	Appointment by Trustees in accordance with the Trust Deed.

Additional information (optional)

You may choose to include further statements where relevant about:


Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	SHRINIVAS/ USHA CHARITABLE TRUST
Other name the charity uses	N/A
Registered charity number	1167851
Charity’s principal address	63 Ashley Gardens Ambrosden Avenue London SW1P 1QG

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Name of person (or body) entitled to appoint trustee(if any)
USHA KUMAR	CharityTrustee	The Trustee themselves
DORAISWAMY SRINIVAS	Charity Trustee	The Trustee themselves
DORAISWAMY RAM	Charity Trustee	The Trustee themselves
ANAND DHARAN	CharityTrustee	The Trustee themselves

– 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

Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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)	Signature(s)
Full name(s)	Full name(s)DORAISWAMY SRINIVAS
Position (eg Secretary,	CHAIR
Chair, etc)

Date22 August 2025	22 August 2025

Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts CC16a 1167851 SRINIVAS/ USHA CHARITABLE TRUST 06/04/2023 05/04/2024 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from es ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts CC16a 1167851 SRINIVAS/ USHA CHARITABLE TRUST 06/04/2023 05/04/2024 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from es ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts CC16a 1167851 SRINIVAS/ USHA CHARITABLE TRUST 06/04/2023 05/04/2024 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from es ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts CC16a 1167851 SRINIVAS/ USHA CHARITABLE TRUST 06/04/2023 05/04/2024 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from es ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts CC16a 1167851 SRINIVAS/ USHA CHARITABLE TRUST 06/04/2023 05/04/2024 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from es ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts CC16a 1167851 SRINIVAS/ USHA CHARITABLE TRUST 06/04/2023 05/04/2024 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from es ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts CC16a 1167851 SRINIVAS/ USHA CHARITABLE TRUST 06/04/2023 05/04/2024 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from es ee eee-	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts CC16a 1167851 SRINIVAS/ USHA CHARITABLE TRUST 06/04/2023 05/04/2024 No (if any) Charity Name Receipts and payments accounts Period start date Period end date To For the period from es ee eee-
Donations received UK (Gift-Aid) 59,061	-	-	-	-	-	59,061	-
Donations received US 85,914	-	-	-	-	-	85,914	47,504
Gift aid received 18,892	-	-	-	-	-	18,892	-
Interest received -	-	-	-	-	-	-	66
Transfer of funds from NatWest a/c 19,100	-	-	-	-	-	19,100	-
-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-
*Sub total*(Gross income for AR) 182,967	-	-	-	-	-	182,967	47,570
A2 Asset and investment sales, (see table). - - - - - - - - - Sub total - - - - - *Total receipts* 182,967 - - 182,967 47,570 A3 Payments ————~~——~~
Donations made UK 66,017	-	-	-	-	-	66,017	17,755
Donations made US 82,789	-	-	-	-	-	82,789	34,520
Transfer of funds from Charles Schwab a/c to NatWest a/c -	-	-	-	-	-	-	-
Accountancy fees 1,260	-	-	-	-	-	1,260	-
Transfer of funds from NatWest a/c 30,000	-	-	-	-	-	30,000	-
Purchase of investments -	-	-	-	-	-	-	28,900
Exchange difference (gain)/loss - 425	-	-	-	-	-	- 425	1,070
Bank charges 12	-	-	-	-	-	12	-
-	-	-	-	-	-	-	-
Sub total 179,652	-	-	-	-	-	179,652	82,245
A4 Asset and investment purchases, (see table) - - - - - - - - Sub total - - - - - *Total payments* 179,652 - - 179,652 82,245 *Net of receipts/(payments)* 3,316 - - 3,316 - 34,675 A5 Transfers between funds - - - - - A6 Cash funds last year end 13,820 - - 13,820 48,495 *Cash funds this year end* 17,136 - - 17,136 13,820 ————~~——~~ SS~~]~~45]								- 34,675 - 48,495 13,820

CCXX R1 accounts (SS)

21/08/2025

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

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|||||| |---|---|---|---|---| |Unrestricted|Restricted|Endowment| |Categories|Details|funds|funds|funds| |to nearest £|to nearest £|to nearest £| |B1 Cash funds|Cash funds held re a/c no. 67352383|12,450|-|-| |Cash funds held re Charles Schwab| |4,687|-|-| |-|-|-| |Total cash funds|17,136|-|-| |—====| |(agree balances with receipts and payments| |account(s))|OK|OK|OK| |Unrestricted|Restricted|Endowment| |funds|funds|funds| |Details|to nearest £|to nearest £|to nearest £| |B2 Other monetary assets|-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |—=——| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B3 Investment assets|-|-| |-|-| |-|-| |-|-| |-|-| |7| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B4 Assets retained for the|-|-| |charity’s own use|-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |i| |Fund to which|Amount due|When due| |Details|liability relates|(optional)|(optional)| |B5 Liabilities|-| |-| |-| |-| |-| |Signed by one or two trustees on|Date of| |behalf of all the trustees|Signature|Print Name|approval| |DORAISWAMY SRINIVAS|22/08/2025| |——| |CCXX R2 accounts (SS)|2|21/08/2025|

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Independent examiner's report on the accounts

Section A	Independent Examiner’s Report	Independent Examiner’s Report
Report to the trustees/ members of		Charity Name SRINIVAS/ USHA CHARITABLE TRUST

On accounts for the year		5 APRIL 2025	Charity no	1167851
	ended		(if any)

Set out on pages		CC16a (pages 1-2), TAR (pages 1-8)
		(remember to include the page numbers of additional sheets)		(remember to include the page numbers of additional sheets)
		I report to the trustees on my examination of the accounts of the above
		charity (“the Trust”) for the year ended05 / 04 / 2024.
Responsibilities and		As the charity's trustees, you are responsible for the preparation of the
basis of report		accounts in accordance with the requirements of the Charities Act 2011
		(“the Act”).
		I report in respect of my examination of the Trust’s accounts carried out
		under section 145 of the 2011 Act and in carrying out my examination, I	under section 145 of the 2011 Act and in carrying out my examination, I
		have followed all the applicable Directions given by the Charity Commission		have followed all the applicable Directions given by the Charity Commission
		under section 145(5)(b) of the Act.

Independent I have completed my examination. examiner's statement 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 accounts to be reached.

Please delete the words in the brackets if they do not apply.

	*Please delete the words in the brackets if they do not apply.	Please delete the words in the brackets if they do not apply.
Signed:		Date:25 August 2025 ~~[~~
Name:	Shammir Shah

Relevant professional	FCA CTA(Fellow)
qualification(s) or body
(if any):

Address:	173 Cleveland Street
	London
	W1T 6QR

Oct 2018

IER

Section B

Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

IER