2024-08-31-accounts - Lotus Foundation

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 09 2023 To 31 08 2024

Section A Reference and administration details

Charity name Other names charity is known by Registered charity number (if any) 1178820 Charity's principal address 20 Fivefields Close

Lotus Foundation

Watford Herts Postcode WD19 5BZ

Names of the charity trustees who manage the charity

Trustee name	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
Benjamin Popatlal		Lotus Foundation
Deepak Dhrona	01/01/2024	Lotus Foundation
Arati Lena Dhrona	01/01/2024	Lotus Foundation

Names of the trustees for the charity, if any, (for example, any custodian trustees)

TAR

March 2012

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Trust Deeds

(eg. trust deed, constitution)

How the charity is constituted

Trust

(eg. trust, association, company)

Trustee selection methods

Appointment by Chairperson

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

TAR

March 2012

Section C Objectives and activities

FOR THE PUBLIC BENEFIT, IN MALAWI, AND ELSEWHERE (WORLDWIDE) AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT: THE PREVENTION OR RELIEF OF POVERTY THE RELIEF OF FINANCIAL NEED AND SUFFERING AMONG VICTIMS OF NATURAL OR OTHER KINDS OF DISASTER IN THE FORM OF MONEY (OR OTHER MEANS DEEMED SUITABLE) FOR Summary of the objects of the PERSONS, BODIES, ORGANISATIONS AND/OR charity set out in its governing document COUNTRIES AFFECTED (INCLUDING THE PROVISION OF MEDICAL AID) THE ADVANCEMENT OF EDUCATION THE ADVANCEMENT OF HEALTH THE ADVANCEMENT OF ANIMAL WELFARE BY PROVIDING CHARITABLE GRANTS TO CHARITIES OR OTHER ORGANISATIONS WORKING TO FURTHER ANY OF THE ABOVE PURPOSES IN SUCH WAYS AS ARE CHARITABLE UNDER THE LAW OF ENGLAND AND WALES. Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

TAR

March 2012

Sectio D Achievements and performance

Summary of the main achievements of the charity during the year

TAR

March 2012

Section E Financial review

Brief statement of the charity’s policy on reserves

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

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

Signed on behalf of the charity’s trustees

Signature(s)[Mr Benjamin Popatlal ] Full name(s) Mr Benjamin Popatlal Position (eg Secretary, Chair, Trustee etc) Date 07/09/2024

TAR

March 2012

	Charity Name	Charity Name	Charity Name	Charity Name	CC16a
	For the period from	01/09/2023 Period start date	To

Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £	Total funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Last year to the nearest £
CharityIncome	-		- - - - - - - - -		-
Donation	-				-
Grant	-				-
Interest	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	-				-

A2 Asset and investment sales, (see table).
	-		- - -
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
			-		-

CharityExpenses	-		- - - - - - - - - -		-
Donation	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
**Sub total **	-				-

A4 Asset and investment purchases (see table)
,	-		- - -
	-
**Sub total **	-				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
			-		-

	-		-		-
			- -	- -	-
	-				-
	-		-	-	-

CCXX R1 accounts (SS)

07/09/2024

Section B Statement of assets and liabilities at the end of the period

Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Signature Mr Benjamin Popatlal Details Current Account Deposit Account Details *Total cash funds* (agree balances with receipts and payments account(s)) Details Details Details	Unrestricted funds to nearest £ - - - OK Unrestricted funds to nearest £ - - - - - - Fund to which asset belongs Fund to which asset belongs Fund to which liability relates
	Signature	Print Name
	Mr Benjamin Popatlal	Mr Benjamin Popatlal

CCXX R2 accounts (SS)

07/09/2024