Charlty Rogl•tr*tk>n No. 1177063
ALTEVETfE PROJECT
(A CHARrrABLE INCORPORATED ORGANISATION)
TRUSTEES. REpoirf AND FINANCIAL STATEMENTS
FOR THE YEAR ENtIED 6 FEBRUARY 2022

ALTEVEThE PROJECT
(A CHARITABLE INCORPORATED ORGANISATION)
CONTENTS
lThl•pondont Examin*8 Rewt
Receipts and Payrn￿ts Account

ALTEVETfE PROJECT
(A CHARITABLE INCORPORATED ORGANISATION)
TRUSTEES. REPORT FOR THE YEAR ENDED 6 FEBRUARY 2022
The Atevette p￿10(# is a Charrtth IneLYpwat•J OrganisatThi wthith TKa5 reg'stered on 7 Febrn￿ry 2018. Its
regi¥tered charity numtw 1$ 1177053.
The ch*iVs trustees during the year to 6 Fel)ruary 2022. tAwe'.
Linda Ambr¢xe
Edna Stephen8
Mark Ive8
Chair
Trustse8 are appointed by the exisliry trustees.
Obj￿0* and maln acllvltl••
The o14'ective of Altevette Project is to athan￿ the education of girfs from sLxiaNy and eo)ncml¢aUy dwdvantaggd
communilw in Temote ￿K)nS of Nepal by assKsb'r¥J in the provisDn of facili￿$ for edu¢>t￿n.
The main for the first year (2018-191 was to bjild 8 SUPPOrter base, net￿th and to generste awareness of
Alt8vettg Prciecl and for subsequgnl years to expand the suFpxter base and conbnue to raise awarene38 of thg
charity and rts akn8 to 8 WKl8r audlerts and to fund the grThvlh of ts th.
During the year 7 February 2021 to 6 Felxuary 2LY22. Alte￿ PW has raised fund8 8rvJ tran8ferred monies to
Pal Ewan Namgy81 Sch¢￿1 lor girls #i Nepal to supwrt th8 of 19 gtyls and fijnded th8 Salaries for 8
teachers.
One further donation w88 to purch88e a cwnwa I bo usod b) lake phok)s for newsknttor8 and to make prthnothjnal
deo8 for fundrai8ing.
Warm cbthing was provptsj lo surffj•￿ lh8 Ch￿fert duiiryJ the harnh winter ￿81her UThjo￿￿f to 8UPPOrt
personal hygigne.
Altevette Prwt has not apP￿ed Ic*, nor reLeibed. any grants or In￿¥￿￿entS during ￿fir.
The Truste88 are %￿ur￿¢￿S and receive no rOn￿￿ati￿ for Ihew effort8. R88tr1dk￿o on 80cial gathwings and the
r￿18 of lock¢Jwi during the Cov**19 Pandem￿ eaused great ¢halknnge8 for fvndraiwng. All fvndraising actMIi88
were txjnduded online throw our exi8ts.ng supp)rtor ba8e.
We are grateful for the 8UKI)ort and mary hwrs of hard wort of ¥oluntew8 aThJ lor ttr￿ c%)ntri￿ from busine5S8S
to ensure printing cost of promotional Ma￿T￿lS are nc4 fvnd8d from rtY)gted m¢￿￿. Wrthout these bduntegring
acalvit￿. V￿ would not have achi8ved g) much.
The trustees ha¥* h•J regard to the guMlan¢e issu￿1 by the Clwity Commission relating to public bgnefft.
Achlovoments of the charlty durlng th• yoar
The goal for the year vras to contnue to gr￿* the 8UPFQrter ba8e esWisW during the earlier ywrs of operations.
false awareness and to raise erKwh furKJs to SUFWI girls sdKol as wel as to fund the wages of teacher8.
Our efforts for the year erKwh funds transferred trj the sl*¥￿1 in January 2￿2 to 19 girfs in 8rttooI
{a¢commod*"on & ft￿, cbthiThJ, healthcare *) and provhje funding for all 8 teachers. wages throughout 2022 and
to furKI a salary increase for the le*hers a fthv months kler. Purd￿￿n9 a eamera has the to make
pmotional v*ts)s and to wovth F4)0tO3ra￿$ forfurKlraising and other matsrBIs.

ALTEVETfE PROJECT
(A CHARITABLE INCORPORATED ORGANISATION)
TRUSTEES. REPORT FOR THE YEAR ENDED 6 FEBRUARY 2022
Achiwwn•nt8 of tho Charity durlng th• y•ar {c¢yntlnuod
The children at schwl come from very Impov￿Shed kn11￿- subsislthTr farmer¥ LY animal herders . vtho often
INe below the poverty line. The gits ha* w fe4V possewms or chaw of clothes. Typ'cally one or more of
trustees vtsrts the S¢￿01 each Jtar but no annual w￿rt vrds during this perKxl due to travel restn"Ct￿ns
Imp08ed on intemalional traveb.
Four new%lekn were created arKI eleCtrOnK￿ di&tributed to SUFpxkn arKI intwested indNAJuals during tho year
to raise awareness of the need to raise funds to support teachers aTrJ str￿nts in in Nèpal. FaceiM)ok
PQsts were also frequenty upjated to w￿￿re dweminat#M of news to sutv)rt8rn maintain ￿terest amongst
potential donor8.
Fln•nclal rnvl•w for th• y•ar
Oonath￿S recoi%*dfrom fundraisiThJ aCtiwtI￿ £16.847.41 (2021 '. £19.254.08).
Bank charg6B (irKluding paypal f￿) 1ft￿rred £260.53 (2￿21 .' £221.93). Thwe 0th8r expenge$.
Donat￿￿¥ totalling £19,C65.61 {2021 . É16.312.801 TAwe mado to th8 sttKXJI.
At the fw18ncwl year and, 8 February 2022, there *Yre re8er¥e8 ￿ hand of £11.404.84 (2021 '. £13.880.21).
Thera are no fomial rxilrns On re8epM.
44.7% 01 donations recw¥ed fr(¥n ncffl UK counlrw i.e th? 80% threshold alhyh*d by Chant
Commissh)n regulath)ns - 2021 31.4%.
An applKaK)n lor Gfft AKI ￿ qualrt￿'n9 dcrfwt1￿¥ was made to HMRC for dorith to 5 2022 to alYJn wrth
the natronal tax fr¥c81 year. £1.318 of grtt aid vra8 received as a resutt of this.
Artevetto Prc¥ect has chosen to bank *ith ethKal bank Trv>*)s as *rll as th8 Uoyds Bank for cash deFQSrt8 over
the counter and making the inlemational transfers to 8cho)fs bank in Kathma]￿u, Nepal.
TTN)(k)s Bank's missK)n is to help Create a souety that bxote¢ts aTrJ prCffi￿ qualty of life and human dv3nity for
all. Sinee 1980, TricKlos b￿k.$ sustaina* financ￿$ prc¥lucts have enabled indNKluals and organwtions to use
their mongy in that benofrt p* aThJ the envirormont Allo￿ Prlect 15 to surwt ethKal and
8UStainable banking.
There has been no exponditure during the yaar a￿￿rt from bank dprgos. Printing t>)sis have been financ&J from
kxal businesses thereby ex¢kKling the n*J to Use donated monie8 promotwa5 m*fials.
Trips to the sthool for the trustees to observo the use of (knaled funds Poss￿le are fulty fvnded by the
individuals concemed thus ensuring no donated monies have been olher than for the purposes of providing
$Ch￿11ng to dtsathantaged gits in Nepal who *tyJhJ othephryse no access to sclKobng due to the remote
nature of their hrynes.

ALTEVE￿E PROJECT
(A CHARITABLE INCORPORATED ORGANISATION)
TRUSTEES. REPORT FOR THE YEAR ENDED 6 FEBRUARY 2022
Rl8k managomgnt
The trustees have assessed the major risks Wh￿ the tsity f￿e6 and that system¥ have boen
establishgj to enab18 regular reviv￿ to mitwe riths.
The trustee5 of Altevette Project are mindful that Nep81 can a hvJh-rtyk county for finanewl transaction and lo
ensure the donated monies rexh Ihe benef￿arles, mcrfw is Mly transferred dbr• to the Pal Ewam Namgyal
school bank account and a r￿pt indKab"ry money has b8en recerMI in thè thl bank aco)unt is demanded.
Altevetb ProJ¢¢t ne¥pr gbws eA8h to iThJividu*.
Before projects at the $dN￿l are fund8d. a written g￿￿t￿)n is WUFrwJ bre8k¢&ywn of costs eg materials.
18bour et¢.
Photograph￿ ev*kn of matenals. construction *Drks finished items are required and a member of Altevettè
Prq'ect Iraveb5 to the school at least once a yew to wrtness the rtems in srtu. All visits to tha schc4)l are funded by
volunteer8 them8efv¢s and are not funded fr(¥n expen8e8 tsken fr(Kn monies.
levette Proiact provides lunds for the Co￿trU￿. expanswjn & impr0￿M￿l and op&rat￿n of the Pal Ewam
Namgyal School for gw18 in Upper Mustang. a hvJh altstude and remote Hwna*an reg￿ of Nepal.
Plan• for fu￿r• p•rlod•
to int8r88ted partss.
To raise fvnds to support teachers, s8lww in 2023 and 20 gr
Attsvotte Prwt wim continue lo be run ￿ a 4r￿nteer t￿.
Linda Amb
Chair
l)ate. Z022

ALTEVErrE PROJECT
(A CHARITABLE INCORPORATED ORGANISATION)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ALTEVErrE PROJECT
FOR THE YEAR ENDED 6 FEBRUARY 2022
I rewt to th8 truste85 on my exaMWia￿n of the accounts of *JIe￿I￿ for the year erKJ*J 6 February 2tr22.
Rwpornlbllltl•s and bmls of r•port
As the charity trustses you are res￿n$￿￿ for the preparation of th8 XfA)unts in a(xxydm wth the requirements
of the Ch8rilies Act 2011 ('the ACY)..
I report in respect of my examinal*Jn of the chanty¥ ￿£￿nts caThd out under 8ect¥)n 145 of the 201 l and
carrying out rny èxaminath)n I hgva folky*ed al the appI￿able DireL##)ns by the Chanty Commi&s¥)n under
secaion 145151{bl of the A£t.
Indop•nd•nt •x•mln•rf• •tat•m•nt
I ho￿ compl8tgd my oxaminatK￿. I confmn that no maternl rn8tt￿ habt ojne to my attentmin in conn8ctrJn with
the eXaMina￿n gmng me cause to beli￿ that in any material re8￿cl
ac£ounting Ter￿[d& wern not kept in rwoct ¢1 Ihe cfrolity 86 wbon 130 of the Ad.. or
the ac￿Unts do not accord V•ith roc￿￿.
the accourts do not ccwnpty with the aFpl￿ble requirements conceming the fomi and content of aC￿Unts
881 out in the Charrti88 (ACQ￿nIS oTrJ ReFrtJts) Regukqlions 2008 olher than any requiremont that the
accthints gNe a Irue and lair t•4tiKh is not a matter cornidered as part of an ind8pendent examination.
I have rK) concem8 armj have come acTOSS no olher matters in connecton with the examination to t*thKh attention
8houkl be drawn in this rep)rt in order to enth 8 proper undèrstsThling of the acx¢unts to be reached.
David W Mason FKiAAT DChA
DWM Accounts"ng Lwnited
9 Needham Court
Yaxley
Petertx)rough
PE7 3LE

ALTEVETTE PROJECT
IA CHARITABLE INCORPORATED ORGANISATION)
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 6 FEBRUARY 2022
2022
2021
Charlt¥blo A¢tlvltl•8:
Fundraising from indNMlual dorMy8
16.847.41
19,254.08
Invoslment Incom•:
Bank interest
5.47
Totsl R•celpts
16.850.77
19,259.55
Paym•nts
Ch•rlt•bl• Exp•ndltur•
Donalv)n810 8chwl
19.iK5.61
18.312.80
othor Expend1ts4r•
Bank tharge$
221.93
Totsl P•ym•ftts
19,326.14
18,534.73
Not r•c•lpts lor th• ymr
12.475.37}
2,724.82
Balanco brought forw•nl
13.880.21
11,155.39
Balanc• carrl•d forw•rd
11.404.84
13,880.21

ALTEVErrE PROJECT
(A CHARITABLE INCORPORATED ORGANISATION)
STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 6 FEBRUARY 2022
2021
Bank and balances..
Lloyds Bank - TreaSu￿r$ a¢o)unt
Lbyds Bank - Savings a¢¢ount
Tnodo8 Bank. Charity Cwrent account
Paypal
910.34
5.001.17
4.435.78
1.057.55
2.965.54
7.769.89
3.144.78
11,404.84
13,880.21
LirKla knbrose
Trustee
Oate..
03 202