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2024-03-31-accounts

Charitable Incorporated Organization Charity number: 1176271

EKAM UK

CIO Charity Report and financial statements For period 1 April 2023 - 31 March 2024

Healthy Child, Healthy Community Love All, Serve All

Mission

No child should be denied the right to appropriate lifesaving healthcare due to financial or systemic constraints

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Reference and Administration details for the period ended 31 March 2024

Charity Name EKAM UK Registered charity 1176271 number Charity’s principal 12 Azure, 463 High Road address Harrow Weald, London HA3 6ED United Kingdom Trustees Trustees who served during the period from formation and up to the date of this report were as follows: Dr Ajay Kumar Kotagiri Vaikuntanath Balasubramanian Kakarla Dr Preetham Bodanna Dr Rajani Nalluri Dr Pavan Kumar Battu

Key Management Trustees as above Advisors (Technical) Dr Sailakshmi Balijepally (Deceased 16 Dec 2023) EKAM Foundation Old No 1A, New 3, 2[nd] Street Jaya Lakshmipuram, Nungambakkam, Chennai-34, Tami Nadu Professor Monica Lakhanpaul Professor of Integrated Community Child Health Honorary Consultant Paediatrician Whittington NHS Trust Pro Vice Provost South Asia UCL Great Ormond Street Institute of Child Health 30 Guilford Street, London WC1N 1EH

Bankers

HSBC UK, 59-61, The Mall Stratford Centre, London, E15 1XF, United Kingdom

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Report of the trustees for the period ended 31 March 2024

The trustees of EKAM UK (the ‘charity’) present their 6th annual report and financial statements as a charitable incorporated organization (CIO) for the charity’s period ended 31 March 2024.

Information relating to governance & administration in pages 6-7 and policy statements in Annexure 1 forms part of this report. The financial statements comply with current statutory requirements, the charity’s constitution and the Statement of Recommended Practice – Accounting and Reporting by Charities – SORP applicable to charities preparing their accounts in accordance with FRS 102.

The charity was registered with the Charity Commission as a CIO on 14 December 2017.

Objectives and activities

The trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aim and objectives and in planning its future activities, in particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.

Purpose and aims

The charity was established for the promotion and protection of good health for public benefit by providing financial and technical assistance and support to charities, social organisations, medical centres and non-profit organisations in UK and India who are involved/engaged in providing health care, education care and support to neonates, infants, young adults and mothers including providing food, medicines, equipment, training, research grants/facilities and knowledge sharing.

We aim to support projects primarily related to saving lives of babies, young children and young mothers, ranging from 0-19 years. We do so, by partnering with organisations who provide medical treatment and health care and by providing various types of support.

We seek out partnerships with organisations who put vulnerable babies and young children/mothers at the centre of their work, as well as responding to requests for funding that come to us via various channels (e.g., website, emails, references).

We will fund or apply for grants for both new and existing charities and organisations, small, medium, or large, provided they can demonstrate the difference they are making.

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We aim to, from our interactions and references provided, develop a network with a view to connecting people through shared values. This would further provide opportunities for subject matter experts to share their skills and knowledge. Not only to help a particular project, but also provide a way to reduce the operational costs for organisations by sharing resources.

We also aim to partner with organisations who can provide vocational and technical training to vulnerable children post treatment to enable them to return to normalcy. To further these objectives, we aim to connect with corporates for their support via their CSR initiatives or for subsidies, to a wider donor community for financial support and with training institutes/organisations.

The charity welcomes applications for joint work with other organisations and will work in partnership with other grant-makers wherever possible.

To ensure full transparency, we aim to ensure that 100% of donations/funded grants reach the intended recipient/organisation and will pursue other channels (e.g., sponsorships, Corporate CSR, crowd funding, goodwill payments etc.) to support our administration process. We will do this by sharing resources with partners, and enlisting volunteers as much as possible.

Financial review

The results for the charity were in line with the trustees’ expectations, as the charity’s operations are in initial stages. No donations were made in consideration of the ongoing assessment of opportunities and completion of due diligence for wider UK based charities.

The charity will continue to focus on project-based funding, i.e., applying for grants or undertaking fundraising activities based on the projects identified and agreed with the recipient partner. Fundraising for general funds will continue to be through social networking and events.

Outlook and Opportunities

In the short term, EKAM UK, as part of the initiative (theme) towards Saving Lives, has identified the following projects:

  1. Support in providing nutritious food and drinks to children

  2. Support in providing gap support (equipment, working supplies etc.), towards maternal health awareness, kangaroo maternal kits, emergency treatment and relating community health.

  3. Training & knowledge share sessions

EKAM UK will continue looking towards opportunities in areas of heart health, hypertension, juvenile diabetes, cancer, skin diseases etc.

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EKAM UK aim to, in the medium to long term, identify areas in terms of providing technical training / support projects including as subject matter experts sharing information & involvement in intervention, expansion & including educational projects.

Challenges faced

Access to funds is the most important challenge coupled with awareness, training and building sustainable healthcare.

Health, hygiene, and sanitation play a very crucial role in the disease prevention and the maintenance of toilet facilities is a big challenge in schools and hospitals.

Public benefit

The trustees confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties. The public benefit of the charity’s activities is supporting and enablement of efforts in saving lives of babies, young children and mothers and these were achieved principally by the award of grants and donations.

Funds materially in deficit

There are none to report.

Risks

Due to the initial stage of the charity, the trustees have assessed the key risks to be operations and finances and are satisfied that process is in place to manage these risks as follows:

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Operations

Finance

Governance & Administration

Trustee selection & appointments

Trustees are identified from the medical community, accounting/management professionals and persons with links to the corporate community and experienced in strategy and operations, finance, fundraising, donor management, social media, communication, and campaigning.

Trustees will be responsible for the overall work of the charity, including internal administration and compliance with all laws and regulations in the UK. Trustees will meet periodically and decide on fundraising, invite proposals, evaluate proposals, arrange for fund transfer through banking channels and monitor outcomes.

Initial trustees are appointed for a term of 3 years (subject to re-appointment). New trustees are appointed for an initial term of 3 years. Trustee appointments and renewed appointments are by way of resolution passed at the trustee meeting. The charity will have a minimum of 3 and maximum of 12 trustees as per its constitution.

Remuneration policy for trustees

No payments were made to trustees in the reporting period.

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Additional Information

Objectives of the charity

To provide
financial
assistance

Towards health care/medical expenses for children (0-19) and
mothers

For research & development

Towards medical equipment, equipment maintenance, lab
equipment and medical supplies in under-resourced health
care facilities

To support grass root level projects that encompass suitable
community level interventions that would benefit the holistic
well-being of the community

Towards the training of medical and non-medical personnel
engaged/to be engaged inpursuit of the charity’s objectives
To provide
technical
assistance

For exchange visits of doctors, nurses and other personnel
from the UK to India/other countries and vice versa for
research, training and support

To develop/participate in local service projects relating to
health care/development

To provide online/teleconferencing support to aid diagnosis
and provide adequate clinical pathway in needy areas

To contribute to the use of technology in data management
and consolidation of anyresearch/field level health data
To provide
information/training

For public lectures and awareness programs within different
communities and organisations

To develop and support awareness through education and
preventive program

For intervention programs to address specific medical related
issues in the community (e.g. children with acute malnutrition)

To conduct seminars and medical conferences to impart
knowledge and information on reforms in Maternal & Child
Health (MCH) and related practices across the globe
To provide
administrative
support

To provide administration support and management strategy
for charities/social organisations of a similar nature

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EKAM UK – Charity Number - 1176271

Statement of Financial Activities – For the period 1 April 2023 31 March 2024

Note Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total Funds
P/E 31 Mar
23
Total Funds
Prior Period
GBP £ GBP £ GBP £ GBP £ GBP £
Income & Expenditure
Receipts
Donations received 1 2,282 - - 2,282 22,235
Total Income 2,282 - - 2,282 22,235
Payments
Donations made - - - - 20,002
Fees & other
expenses
282 - - 282 312
Total Payments 282 - - 282 20,314
Excess of Receipts
over Expenditure
transferred to
Reserve
2,000 - - 2,000 1,921
Statement of Assets and Liabilities as at 31 March 2024
Current Assets
Bank Account 2 16,260 - - 16,260 14,260
Funds with Partner
Organisation
3 5,068 - - 5,068 3,835
Total Assets 21,328 21,328 18,095
Liabilities
Deferred Income 4 5,068 - - 5,068 3,835
Total Assets less
Liabilities
(Net Assets)
16,260 - - 16,260 14,260
Funds
Represented by
General Reserve
5 16,260 - - 16,260 14,260

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Notes to Financial Statements

1. Donations received

This represents donations received from individuals and corporates and recognized as income for the period.

2. Bank Account

Amount represents the balance in HSBC UK account in name of EKAM UK.

3. Advances to Partner Organization

Amount represents the advances made for projects that will be implemented by EKAM Foundation, our partner organization in India in future period. Individual proposals will be reviewed and approved by EKAM UK before execution.

4. Deferred Income

Refer to Note 3 above. This will be recognised as income in the period in which the project is completed or when the performance-related conditions are met. Ongoing & completed projects will be reviewed by Trustees. This is presented net of foreign currency adjustments.

5. General Reserve

Opening balance at beginning of year
Excess of receipts over payments during
the year
Closing balance at end of the year
Y/E March 24
GBP £
14,260
2,000
16,260
Y/E March 23
GBP £
12,339
1,921
14,260

Declaration by Trustees

The trustees declare that they have approved the above trustees’ report.

  1. Vaikuntanath Balasubramanian Kakarla

  2. Rajani Nalluri

  3. Pavan Kumar Battu

  4. Preetham Boddana

  5. Ajay Kumar Kotagiri

Date: 27 January 2025

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Annexure 1 - Policy statements

Network / Partnerships

We will partner with organisations who share our vision that no child should be denied the right to appropriate, life-saving health care due to financial or systematic constraints. The trustees and their network will initially identify and reach out to organisations in the UK and India who have aligned objectives to identify opportunities to work together. Through an expanded network and introductions made via networking, presentations will be made to create awareness and identify projects/avenues where the charity and its partners can provide aid or assistance.

Investment policy

Due to the currently small size of the charity and scale of its operations, there is none to report at the time of this report.

Reserves policy

The charity does not have a reserves policy as its operations are in its early stages. The excess of income over expenditure is included within the general reserve of and is represented as balance in bank account.

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