**NEPALESE DOCTORS ASSOCIATION UK REPORT AND FINANCIAL STATEMENTS** **YEAR ENDED 31ST MARCH 2024 CHARITY NUMBER - 1170381** 1 NEPALESE DOCTORS ASSOCIATION UK FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2024 |**Contents**|**Page**|| |---|---|---| |Reference and Administrative Information||2| |Trustees Annual Report||3 - 4| |Independent Examiners Report||5| |Statement of Financial Affairs||6| |Balance Sheet||7| |Notes forming part of the financial statements||8 - 11| NEPALESE DOCTORS ASSOCIATION UK 2 REFERENCE AND ADMINISTRATIVE INFORMATION YEAR ENDED 31ST MARCH 2024 The Trustees present their report and financial statements for the year ended 31st March 2024. ## **CONSTITUTION** Nepalese Doctors Association UK is a registered charity. ## **TRUSTEES** The Trustees of the charity are its Trustees for the purpose of charity law and throughout this report are collectively referred to as the Trustees. ## **CHARITY NAME** Nepalese Doctors Association UK ## **CHARITY NUMBER** 1170381 ## **BOARD OF TRUSTEES** Dr Sanjeeb Nepali Dr Kamal Aryal Dr Paras Bahadur Singh Dr Arati Thapa Dr Prajwal Ghimire ## **ACCOUNTANTS** Westwaters 34 Frederick Street Sunderland SR1 1LP ## **BANKERS** Barclays Bank 3 NEPALESE DOCTORS ASSOCIATION UK ## TRUSTEES REPORT YEAR ENDED 31ST MARCH 2024 The Trustees are pleased to present their report together with the financial statements of the charity for the year ended 31st March 2024. ## **Objects of the charity** The Charity is set up for the public benefit, the relief and assistance of the people of Nepal in need who are victims of natural disasters or catastrophes by supplying them with medical aid and assistance. To advance education of healthcare workers at all levels by providing and assisting in funding for organisation of educational events and provision of trainers from UK for improvement of health care for the general population of Nepal. ## **Organisation and background** The charity is administered by its board of Trustees in accordance with its constitution. For the year to 31st March 2024, the board was comprised of the Trustees listed at page 2. The charity was registered with the Charity Commission on 24 November 2016 and is governed by its constitution which was adopted on 8 June 2016 as amended on 31 May 2020 (Nothing in this constitution shall authorise an application of the property of the charity for purposes which are not charitable in accordance with section 7 of the Charities and Trustee Investment (Scotland) Act 2005 and/or section 2 of the Charities Act (Northern Ireland) 2008). ## **Achievements In Year** The year ended 31st March 2024 was a very busy one for Nepalese Doctors Association UK. Our activities during the year included organising a surgical skills course in collaboration with Hull Hospitals, supporting an airway workshop at Nepal Mediciti Hospital, collaborating with the Amercan Nepal Medical Association to establish an oxygen tank at Kathmandu Institute of Child health, providing a health awareness programme for colorectal cancer, collaborating with HExN and The Royal College of Surgeons Edinburgh to provide Laparascopic Surgery courses in Pokhara, Dhulikel and Manipal and providing webinars to advise on how to prepare for IMT applications and interviews. The aforementioned are just an example of the many and varied activities undertaken by Nepalese Doctors Association UK during the year ended 31st March 2024. Sadly November 2023 saw an earthquake in Karnali Province which tragically resulted in hundreds of deaths and serious injuries. Nepalese Doctors Association Uk reacted to this by allowing our emergency fund to be donated to relieve the immediate suffering of those affected to the greatest extent possible and also to assist the rebuilding and reconstruction of damaged health and educational facilities in the longer term. ## **Future Developments** The charity will continue to raise funds to enable it to provide aid to those in need in accordance with the objects of the charity as set out above. The charity will be continuing to support ongoing projects to promote health care in Nepal and will continue to work with partners to fulfill this objective. In particular preparations were undertaken in the year ended 31st March 2024 to organise a trip to the remote Rasuwa district of Nepal to improve healthcare there by educating local doctors and providing essential healthcare equipment. The trip itself took place in April 2024. NEPALESE DOCTORS ASSOCIATION UK 4 TRUSTEES REPORT (Cont.) YEAR ENDED 31ST MARCH 2024 ## **Trustees Responsibilities** The Trustees are required to prepare financial statements that give a true and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit for that period. In preparing those accounts, the trustees are required to: - select suitable accounting policies and apply them consistently: - observe the methods and principles in the Charities SORP (FRS 102): - make judgements and estimates that are reasonable and prudent: - prepare the accounts on the going concern basis unless it is inappropriate to presume that - the charity will continue to operate. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregulariites. By order of the Board Date 27/07/2024 ………………………………………….. Dr S Nepali Trustee 5 NEPALESE DOCTORS ASSOCIATION UK INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31ST MARCH 2024 We report on the accounts of the NEPALESE DOCTORS ASSOCIATION UK for the year ended 31st March 2024, which are set on pages 6 to 11. These accounts have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), under the historical cost convention and accounting policies set out on pages 8 and 9. ## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINERS** As the charity's Trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144(2) of Charities Act 2011 (the 2011 Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Direction given by the Charity Commission under section 145(5)b of the 2011 Act, whether any particular matters have come to our attention. ## **BASIS OF INDEPENDENT EXAMINER'S REPORT** Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes 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 disclosures and seeking explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently we do not express an audit opinion on the view given by the accounts. ## **Independent examiner's statement** In connection with our examination, no matter has come to our attention: - 1) Which gives us 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 requirement of the 2011 Act have not been met; - 2) To which, in our opinion, attention should be drawn in order to enable a proper understanding of accounts to be reached ………………………………………………………….. ## WESTWATERS 23 July 2024 6 ## NEPALESE DOCTORS ASSOCIATION UK ## STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE) YEAR ENDED 31ST MARCH 2024 **----- Start of picture text -----**
TOTAL
UNRESTRICTED DESIGNATED RESTRICTED TOTAL FUNDS FUNDS
Notes FUNDS FUNDS FUNDS 2024 2023
£ £ £ £ £
INCOMING RESOURCES
Incoming resources from generated funds 2
- Voluntary income 0 0 0 0 0
- Activities for generating funds 47820 0 0 47820 21886
- Investment income 0 0 0 0 0
Other Incoming resources 0 0 0 0 0
TOTAL INCOMING RESOURCES 47820 0 0 47820 21886
RESOURCES EXPENDED 3
Activities for generating funds 1812 0 0 1812 6949
Charitable activities 39743 0 0 39743 12534
Governance costs 486 0 0 486 462
TOTAL RESOURCES EXPENDED 42041 0 0 42041 19945
NET INCOMING/OUTGOING RESOURCES 5779 0 0 5779 1941
BEFORE TRANSFERS
NET MOVEMENT IN FUNDS 5779 0 0 5779 1941
TRANSFER BETWEEN FUNDS 0 0 0 0 0
TOTAL FUNDS BROUGHT FORWARD 21633 0 0 21633 19692
TOTAL FUNDS CARRIED FORWARD 27412 0 0 27412 21633
**----- End of picture text -----**
NEPALESE DOCTORS ASSOCIATION UK 7 BALANCE SHEET YEAR ENDED 31ST MARCH 2024 |Notes
**Fixed Assets**
Tangible Assets
**Current Assets**
Cash at bank and in hand
Sums owed from NDA UK
Prepayments|27837
61
0
2024|0|22095
0
0
2023|0| |---|---|---|---|---| |**Total Current Assets**
**Current Liabilities**
Creditors:Amounts falling due within one year
7|27898
486||22095
462|| |**Net Current Assets**|486|27412|462|21633| |**Net Assets**||27412||21633| |**Funds of the Charity**
Restricted funds
9
Designated funds
9
Unrestricted funds
9||0
0
27412||0
0
19692| |**Total Charity Funds**||27412||19692| These accounts have been prepared in accordance with the 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) These accounts were approved by the Trustees on....................... and signed on their behalf by: …………………………………………………… Dr S Nepali TRUSTEE 8 NEPALESE DOCTORS ASSOCIATION UK NOTES TO THE ACCOUNTS YEAR ENDED 31ST MARCH 2024 ## **1. Accounting Policies** The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the period. ## **(a) Basis of Accounting** The financial statements have been prepared under the historical cost convention in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice. ## **(b) Fund Accounting** - Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. - Restricted funds are subjected to restrictions on their expenditure imposed by the donor. ## **(c) Incoming Resources** All incoming resources are included in statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income. - Voluntary income is received by way of subscriptions, donations and gifts and is included in full in the Statement of Financial Activities when receivable. ## **(d) Resources Expended** Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates: - Costs of generating funds comprise the costs associated with attracting voluntary income. - Charitable expenditure comprises those costs incurred by the charity in the deliverance of its activiites and services for it's beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessart to support them. - Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity. - All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis i.e. floor areas, per capital or estimated usage. 9 NEPALESE DOCTORS ASSOCIATION UK NOTES TO THE ACCOUNTS YEAR ENDED 31ST MARCH 2024 ## **(e) Fixed Assets** Tangible fixed assets and depreciation Depreciation is provided at annual rates in order to write off each asset over its estimated useful life: ## **2. Incoming Resources from Generated Funds** |Activities for generating funds
Fundraising & charitable donations
**3. Resources Expended**
Costs directly allocated to activities
Direct costs allocated to project
Administrative Costs
Professional Fees
Building, General Costs|**Unrestricted**
**Restricted**
**2024 Total**
**2023 Total**
47820
0
47820
21886
47820
0
47820
21886
**Basis of Allocation**
**Voluntary Income**
**Activities for generating Funds**
**Advice and Information**
**Chatitable Activities**
**Governance**
**2024 Total**
**2023 Total**
Direct
0
1812
0
39743
0
41555
19483
Direct
0
0
0
0
0
0
0
Direct
0
0
0
0
486
486
462
Direct
0
0
0
0
0
0
0
0
1812
0
39743
486
42041
19945| |---|---| 10 ## NEPALESE DOCTORS ASSOCIATION UK NOTES TO THE ACCOUNTS YEAR ENDED 31ST MARCH 2024 ## **4. Net Incoming Resources for the Period** This is stated after charging;- **----- Start of picture text -----**
2024 2023
Accountants Fee 486 462
**----- End of picture text -----**
## **5. Trustee Remuneration & Related Party Transactions** No members of the M/ment Committee received any remuneration during the year ended 31st March 2024. No Trustee or other person related to the charity had any personal interests in any contract or transaction entered into by the charity during the period. ## **6. Taxation** As a charity Nepalese Doctors Association UK is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to it's charitable objects. No tax charges have arisen in the Charity. ## **7. Creditors: Amounts Falling Due within One Year** |Amounts falling due within one year:
Accruals|**2024**
**2023**
486
462
486
444| |---|---| ## **8. Analysis of Net Assets Between Funds** |Current Assets
Current Liabilities
Net Assets at 31st March 2024|**General**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
27898
0
0
27898
-486
0
0
-486
**27412**
**0**
**0**
**27412**| |---|---| 11 NEPALESE DOCTORS ASSOCIATION UK NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2024 ## **9. Movement in Funds** |**Restricted Funds**
Total Restricted Funds
**Designated Funds**
Total Designated Funds
**Unrestricted Funds**
Total Unrestricted Funds|**At 1 Apr**
**2023**
**Incoming**
**Resources**
**Outgoing**
**Resources**
**Transfers**
**At 31 Mar**
**2024**
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
21633
47820
-42041
0
27412
21633
47820
-42041
0
27412| |---|---| NEPALESE DOCTORS ASSOCIATION APPENDIX ## INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31ST MARCH 2024 **----- Start of picture text -----**
2024 2023
£ £
INCOME AND EXPENDITURE
Incoming resources
Fundraising Events & Charitable Donations 47820 21886
Total Incoming Resources 47820 21886
Resources Expended
Charitable Donations 30959 12534
Charitable Activities 8784 0
Accountancy 486 462
Cost of Fundraising 1812 6949
42041 19945
Net Movement in Funds 5779 1941
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