Company registration number 09215408 IEngland and Wales)
Charity registration number 1172161 {England and Wales)
THE SERENDIPITY FOUNDATION LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025

THE SERENDIPITY FOUNDATION LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
V Sehgal
R K Sehgal
Charity nurnber
1172161
Company number
09215408
Reglstered offlce
clo Union Propety Services Ltd
Cobalt 3.2 Silver Fox Way
Cobalt Business Park
Newcastle upon Tyne
Tyne and Wear
NE27 OQJ
Independent examiner
Robson LaidlerAccounlanls Limited
Fernwood House
Fernwood Road
Jesmond
Newcastle upon Tyne
Tyne and Wear
England
NE2 1TJ
Bankers
National Westminster Bank PIC
1 S Northumberland Street
Newcastle upon Tyne
NE17EL

THE SERENDIPITY FOUNDATION LIMITED
CONTENTS
Page
Trustees, report
Stslemenl of trustees. responsibilities
Independent examinerfs report
Statement of financial activities
Stslemenl of financial position
Notes lo the financial statements
7-11

THE SERENDIPITY FOUNDATION LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
The trustees present their annual report and financial statements for the year ended 30 September 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial slalements and comply with the charity's Articles of Association, the Companies Act 2006 and Accounting
and Reporting by Charities". Slalemenl of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021"
(effective 1 January 20191.
Objectives and activities
Obj8ctiv&s and aims
The charity is established for the benefit of the public in the UK and India with the following aims and objectives..
to preserve and protect good health
to relieve financial hardship
- to advan￿ education
to promote humane behaviour lowaids animals
The charity achieves this through the provision of grants to registered charities and other organisalions estsblished
to cary out the above adivities.
Publ1¢ benoflt
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activities.
Volunteers
The company is not dependent upon voluntary helpers.
Achievements and performance
FlnanGlal revlew
Financial position
During the year lo 30 September 2025 the charity received income lotslling £101,20012024.. £51,200) and incurred
expenditure of £28,35312024". £67,749) leaving the overall surplus for the year al £72,84712024." deficit £16,549).
Total free reserves for use by the charity at 30 September 2025 stood al £123,328.
Prlnclpal fundlng sources
The company's income consists of ad hoc donations from individuals and businesses.
Reserves policy
The charity maintains reserves of at least £3,000 which the trustees consider is sufficient to cover the charitls
administrative expenditure for a period of at least 12 months.

THE SERENDIPITY FOUNDATION LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
structure, governance and management
Governlng document
The Serendipity Foundation Limited is a company limited by guarantee, incorporated on 12 September 2014, and its
governing document is ils Articles of Association (amended by special resolution registered al Companies House on
16 March 20171. It registered as a charity with the Charities Commission on 20 March 2017.
Recruitment and appointment of new trustees
From lime lo lime It Is necessary for the charity to recruit new Iruslees to replace those that have either resigned
during their term of office, or by way of anticipating planned retirements, after the completion of a single term.
When a vacancy occurs, the Board will determine the mix of skills and experien￿ needed so as to ensure a fully
functioning team of trustees and will seek lo identify individuals who appear lo have the qualities and interest in
what we do.
Oryanisational structure
The trustees meet on a regular basis lo administer all matters in respect of the charity induding the payment of
donations.
Risk management
The trustees have a duly lo identify and review the risks to which the charity is exposed and to ensure appropriate
controls are in place lo provide reasonable assurance against fraud and error.
Share capital
The company is limited by guarantee and does not have a share capital.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006
relating lo small companies.
Tru$tegsIDlre¢tors
V Sehgal
R K Sehgal
The trustees, report was approved by the Board of Trustees.
V Sehgal
Trustee
26 June 2026

THE SERENDIPITY FOUNDATION LIMITED
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2025
The Iruslees, who are also the directors of The Serendipity Foundation Lirniled for the purpose of company law, are
responsible for preparing the Trustees, Report and the financial slalements In accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel.
Company law requires the trustees lo prepare financial statements for each financial year which give a true and fair
view of the slate of affairs of the Charity and of the incoming resources and application of resources, Induding the
income and expenditure, of the charitsble company for that year.
In preparing these financial stalemenls, the trustees are reqUI￿d lo".
select suitable accounting policies and then apply them ¢onsistenlly',
observe the methods and principles in the Charities SORP",
make judgements and estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the financial statements,. and
prepare the financial slalements on the going concern basis unless il is inappropriate lo presume that the charity
will continue in operation.
The trustees are responsible for keeping adequate accounting records that disdose wth reasonable accuracy at
any lime the financial position of the charity and enable them lo ensure that the financial slalements comply with the
Companies Act 2006. 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 irregularities.

THE SERENDIPITY FOUNDATION LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE SERENDIPITY FOUNDATION LIMITED
I report lo the Iruslees on my examination of the financial slalements of The Serendipity Foundation Limited (the
charilyl for the year ended 30 September 2025.
Responsibilities and basis of report
As the trustees of the charity land also ils directors for the purposes of company lawl, you are responsible for the
preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial slalements of the charity are not required lo be audited under Part 16 of
the Companies Act 2006 and are eligible for independent examination. 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 1451511bl of the CharitiesAct 2011.
Independent examln&rfs statement
I have completed my examination. I confirm that no matters have come lo my attention in connection with the
examination giving me cause lo believe that In any material respect".
accounting records were not kept in respect of the Charity as required by section 386 of the Companies Act
2006.
the financial statements do not accord with those records., or
the financial statements do not comply with the accounting requirements of section 398 of the Companies Act
2006 other than any requirement that the financial slalements give a true and fair view, which is not a matter
considered as part of an independent examination.. or
the financial statements have not been prepared in accordance wth the methods and principles of the
Statement of Recommended Practi￿ for accounting and reporting by charities applicable lo charities
preparing their financial slalements In accordance wth the Financial Reporting Standard applicable In the UK
and Republic of Ireland IFRS 1021.
I have no concems and have come across no other matters in connection with the examination lo which attention
should be drawn in this report in order lo enable a proper understanding of the financial slalements lo be reached.
Peter Charles Bsc FCA
Robson Laidler Accountants Limited
Fernwood House
Fernwood Road
Jesmond
Newcastle upon Tyne
Tyne and Wear
NE2 1TJ
England
Dated..

THE SERENDIPITY FOUNDATION LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Current financial year
Unrestrlcted
funds
2025
Total
Totsl
2025
2024
Notes
Income from-
Donations and legacies
101,200
101.200
51,200
enditure on-
Charitable activities
28,353
28,353
67,749
Net incomellexpenditurel for the yearl
Net movement In funds
72,847
72,847
116,5491
Fund balances al 1 October 2024
50,481
50,481
67,030
Fund balances at 30 September 2025
123,328
123,328
50,481
The ststemenl of financial activities includes all gains and losses recognised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Companies Act 2006.
Prior financial year
Unrestricted
funds
2024
2024
Notes
In¢om9 from:
Donations and legacies
51,200
51,200
Ex
enditure on:
Charitable activities
67,749
67,749
Net incomellexpenditurel for the yearl
Net movement In funds
116,549}
116,5491
Fund balances al 1 October 2023
67,030
67,030
Fund balances at 30 September 2024
50,481
50,481

THE SERENDIPITY FOUNDATION LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2025
2025
2024
Notes
Current assets
Debtors
Cash at bank and in hand
37,500
86,548
51,855
124,048
51,855
Creditors- amounts falling due within
one year
10
17201
11,3741
Net current assets
123,328
50,481
The funds of the charlty
Unrestricted funds
11
123,328
50,481
123,328
50,481
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006 for the year ended 30 September 2025.
The directors acknowledge their responsibilities for complying with the reqLJirements of the Companies Act 2006
with respect lo accounting records and the preparab'on of financial statements.
The members have not required the company lo obtain an audit of ils financial statements for the year in question in
accordance with section 476.
These financial siatements have been prepared in accordan￿ with the provisions applicable to companies subject
to the small companies regime.
The financial stslemenls were approved by the trustees on 26 June 2026
V Sehgal
Trustee

THE SERENDIPITY FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Accounting policies
Charity inforniation
The Serendipity Foundation Limited is a private cornpany limited by guarantee incorporated in England and
Wales. The registered office is clo Union Property Services Ltd, Cobalt 3.2 Silver Fox Way, Cobalt Business
Park, Newcasue upon Tyne, Tyne and Wear, NE27 OQJ.
1.1 Accountlng conventlon
The financial statements have been prepared in accordance with the charity's Memorandum and Articles of
Association, the Companies Act 2006, FRS 102 °The Financial Reporting Standard applicable in the UK and
Republic of Ireland. I'FRS 102.1 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 Stsndard applicable in the UK and Republic of Ireland IFRS 1021" leffedive 1 January 20191. The
charity is a Public Benefit Enlily as defined by FRS 102.
The charity has tsken advantage of the provisions in the SORP for Charities not to prepare a Statement of
Cash Flows.
The financial slalemenls are prepared in UK sterling which is the functional currency of the charity. Monetary
amounts in these financial ststemenls are rounded to the nearest £1.
The financial slalements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Income
All income is recognised in the Slalement of Financial Adivities once the charity has enti(lemenl lo the funds,
it is probable that the income will be received and the amount can ￿ measured reliably.
1.3 Expenditure
Liabilitie5 are recognised as expenditure as soon as there is a legal or constructive obligation committing the
charity lo that expenditure, il is probable that a transfer of economic benefits will be required in setdement and
the amount of the obligation can be measured ￿lIablY. Expenditure is accounted for on an accruals basis and
has been classified under headings that aggregate all cost related to the category. ￿ere costs cannot be
diredy attributed lo particular headings they have been allo¢aled to activities on a basis consislenl with the
use of resources.
Grants offered subject lo conditions which have not been mel at the year end dale are noted as a commitment
bul not accrued as expenditure.
1.4 Cash and cash equlvalents
Cash and cash equivalents comprises cash in hand and current balances with banks and other
inslilulions, which are readily convertible lo known amounts of cash and which are subject to
insignificant risk of change in value.
1.5 Taxation
The charity is exempt from corporation tsx on its charitsble activities.
1.6 Fund accounting
Unrestri¢led funds can be used in accordance with the charitsble objectives at the discretion of the tru$lee$.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Reslriclions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes lo the financial
slalements.

THE SERENDIPITY FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Accountlng pollcles
Icontlnuedl
1.7 Debtors and credltors recelvablelpayable wlthln one year
Debtors and creditors with no stated interest rate and receivable or payable ¥Mthin one year are
recorded al transaction price. Any losses arising from impairment are recognised in the profit and
loss account in other adminislralive expenses.
Income from donations and legacies
Unrestricted
funds
2026
Unrestricted
funds
2024
Donations and grfts
101,200
51,200
Expenditure on charitable activities
Unrestricted Unrestricted
funds
funds
2025
2024
Direct costs
Grant funding of activities (see note 41
27,633
67,022
Share of support and governance costs (see note 51
Governance
720
727
28,353
67,749
Analysis by fund
Unrestricted funds
28,353
67,749
Grants payable
Unrestrlcted Unrestrlcted
funds
funds
2025
2024
Grants lo institutions..
Marie Curie
Track World Ilravel for Indian priest in UK)
Rays Of Sunshine
Hindu Temple Newcastle
Nepal Run UK
Donations lo other institutions < £2,500
53,893
4,328
1,268
10,000
6,050
2,596
7,719
8,801
27,633
67,022

THE SERENDIPITY FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Grants payable
Icontlnuedl
Commitments
For Marie Curie the remaining potential commitment as at 30 September 2025 is £27,500 subject to the
recipient meeting the conditions of the grant.
Support costs allocated lo actlvltlos
2025
2024
Independent examination fee
720
727
Analysed between-
Unrestricted funds
720
727
Trustees
None of the trustees lor any persons connected with them) received any remuneration from the charity during
the year.
Employ99$
The average monthly number of employees during the year was..
2025
Number
2024
Number
Total
There were no employees whose annual remuneration was more than £60,000.
Taxation
The charity is exempt from laxalion on its activities because all ils income is applied for charitable purposes.
Debtors
2025
2024
Amounts falling due within one year:
Other debtors
37,500
10 Creditors: amounts falling due within one year
2025
2024
Accruals and deferred income
720
1,374

THE SERENDIPITY FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 SEPTEMBER 2025
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 lo how they may be used. These Indude
designated funds which have been sel aside out of unreslricled funds by the trustees for specific purposes.
At 1 October
2024
Incoming
resources
Resources
expended
At30
September
2025
General funds
50,481
101,200
128,3531
123,328
Prnvious yoar:
At 1 October
2023
Incoming
resources
Resources
expended
At30
September
2024
General funds
67,030
51.200
167,7491
50,481
12 Analysis of net assets between funds
Unrestrlcted
funds
2025
At 30 September 2025:
Current assetsllliabililiesl
123,328
123,328
Unr9$trlctgd
funds
2024
At 30 September 2024:
Current assetsllliabilitiesl
50,481
50,481
10-

THE SERENDIPITY FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 SEPTEMBER 2025
13 Related party transactions
Transactions with related parties
During the year the charity entered into the followng transactions with related parties..
Donations rgcelvablg
202S
2024
Other related parties
100,000
50,000
100,000
50,000
The followng amounts were oulslanding at the ￿porting end dale..
Amounts owed by related Amounts owed by related
parties
parties
2025
2024
Balance
Balance
Net
Net
Other related parties
37,500
37,500
37,500
37,500