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2023-03-31-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

 JOHN DENNIS FENN

 EDWARD MICHAEL DALTON BILL  CHAKRABAHADUR KHATRI  PAUL ANTHONY CHRISTOPHER GILHAM  ROBERTA PERCIVAL (PEARL) GILHAM

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  NEPAL

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

Throughout this financial year we have made steady progress in our partnership with PTN UK, assisting administratively with the build and installation of a large extension to a school in a remote region of East Nepal. The land has been purchased using a combination of private donations and Municipality funding with retaining walls constructed to mitigate any subsidence. The project is expected to be finished in the second quarter of 2023.

The Trust has continued to be prudent in spending its funds as until the next major donation which we expect in the next year or so, 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 trips are planned to Nepal in the immediate future as we have sound contacts in place on the ground. A small number of visits to Nepal happened in 2022 but these were privately funded.

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

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F INANCIAL

The GIFT accounting period is from 1 April 2022 to 31 Mar 2023.

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

Additional Charity Contact: Edward Bill (Trustee). Email: ed.bill@icloud.com

Financial Account.

Opening Balance 1 Apr 2022: £552.99 Income: Nil. Expenditure:

Trustees meetings and travel expenses x 1: £180

Accountant Expenses: £75

Total expenditure: £255 Closing Balance 1 Apr 2022. £ 297.99

Paul Gilham Chairman