OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

1176092 - GILHAM INNES FARLOW TRUST ANNUAL REPORT

Activities

WE SUPPORT LOCAL CHARITABLE CAUSES IN NEPAL AND INDIA Contact

THATCHINGS GOODWORTH CLATFORD ANDOVER SP11 7QX Tel: 01264358238

Charity trustees

Date of registration 05 Dec 2017 Other names

 GIFT (Working Name ) Governing document CIO - FOUNDATION Registered 05 Dec 2017 Organisation type CHARITABLE INCORPORATED ORGANISATION Registration history 05 DECEMBER REGISTER 2017 ED Charitable objects TO RELIEVE EITHER GENERALLY OR INDIVIDUALLY, GURKHAS, THEIR DEPENDANTS AND OTHER PERSONS IN GURKHA OR NEPALESE COMMUNITY AREAS, WHO ARE IN A SITUATION OF NEED, BY REASON OF POVERTY OR FINANCIAL HARDSHIP IN THE UK, NEPAL AND INDIA AND SUCH OTHER CHARITABLE PURPOSES WHICH ARE IN THE OPINION OF THE TRUSTEES CONNECTED DIRECTLY OR INDIRECTLY WITH THE FOREGOING PURPOSES AS THE TRUSTEES FROM TIME TO TIME THINK FIT. Classification What

Who

How

Area of benefit

NO INFORMATION RECORDED

Where the charity operates

 INDIA

Note: This report is compiled from public information that the Charity Commission holds on the Register of Charities on 16 January 2020.

© Crown Copyright 2020

Objectives and Activities.

The objectives of the Trust remain unchanged and our initial focus remains Nepal. We have conducted due diligence in selection of suitable charities that fit the objectives. We have worked very closely with another UK Registered Charity to assist their fund raising for Nepal and India.

By way of background information the driving force for funding of the Trust have been from contributions from Gilham, Farlow and Innes and have not used Gift Aid nor have we sought contributions from other sources nor received any funds from the public or other sources.

Finally, we have taken the decision to seek professional support to ensure we comply with the fiduciary requirements of the Charity Commission.

Achievements and Performance

Last year we identified a very poor region in Oyam in a remote region of East Nepal where we intended to provide financial support to assist in the education to the children of needy families. We are now working in collaboration with another UK Register Charity with a proven track record of supporting children’s education in Nepal. GIFT have been providing contacts and subject matter expertise to assist this other charity in building an extension, including hostel, library and IT suite to an existing school in Oyam.

The Trust has continued to be prudent in spending it’s funds as until the next major donation, the fund is not large and aspirations must be modest and we are content we have done sufficient research to make sound decisions for the future. No further trips are planned to Nepal in the near future as we have sound contacts in place on the ground. No visits were made to Nepal by Trustees in 2020-21 on related GIFT projects nor are any planned in the near future.

Financial Review

The Trust is expecting significant donations in the next five years.

Structure, Governance and Management

The structure of the Trust is based on the five Trustees. Trustees meetings are held by Zoom and the longer term strategy in expectation of a guaranteed significant donation in the future.

Paul Gilham Chairman

................................................................................................................................ .............................

F INANCIAL

The GIFT accounting period is from 1 April 2020 to 31 Mar 2021.

Charity Number: 1176092 approved 5 Dec 2017 titled The Gilham Innes Farlow Trust.(GIFT). Password: MT77J6CF

Financial Account.

Opening Balance 31 Mar 2020. £. 1084.99 Income: Nil. Expenditure:

Trustees meetings and travel expenses x 2 : £110

Accountant Expenses: £75

Project Oyam Advisors Expenses: £80

Chairman’s Travel Expenses: £72

Project Oyam gratis Wrist bands: £100

Total expenditure: £337

Closing Balance 31 Mar 2021. £747.99

Paul Gilham Chairman