Charity 1179195, Registered in England
Annual Report and Accounts 1[st] July 2025 to 30[th] June 2026
Chairman Accountants David Priddy Airde Accountancy 5, Saxon Road, Potential House, Ashford 19, Abbey Road, Middlesex Chertsey, TW15 1QL Surrey, KT16 8AL
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Annual Report – July 1[st] 2025 June 30[th] 2026
This report has been prepared to comply with Charity Commission requirements: “Charity reporting and accounting: the essentials”, 1[st] January 2013. Under section 4.1.1, the Charity is not required to send this report to the Charity Commission until the income exceeds £25,000.
1.1 Reference and administrative details of the charity, its trustees and advisers
The charity is registered with the Charity Commission as ‘South India Children’s Education and Welfare Trust’, abbreviated to ‘SICEWT’.
The charity registration number is 1179195. The office is 5, Saxon Road, Ashford, TW15 1QL
The Accountants are Airde Accountancy, Potential House, 19, Abbey Road, Chertsey, KT16 8AL.
The Trustees are:
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Chairman The Rev’d David Brian Priddy
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• Treasurer Mr Valjit Singh Grover
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Fund raising Mr Manmeet Singh Grover
Re-elected for 3 years at the AGM in 2025 Standing for re-election at the AGM in 2027 Standing for re-election at the AGM in 2027
There have been no other Trustees during the year.
1.2 Structure, governance and management.
The Constitution of the Charity, dated 23rd May 2018, was accepted by the Charity Commission which registered us as a Charitable Incorporated Organisation on 23rd July 2018.
Apart from the first charity trustees, every trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees. It has not been necessary to recruit additional trustees at this stage of our work. New trustees will be inducted and made aware of their responsibilities to the charity and directed to the Charity Commission’s resources.
In selecting individuals for appointment as charity trustees, the charity trustees have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
1.3 Public benefit statement.
The charity trustees have complied with their duty to have due regard to the guidance on public benefit published by the commission in exercising their powers and duties.
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2 Matters smaller charities not subject to statutory audit must also report.
2.1 Objectives and activities
The object of the CIO (as described in our Constitution) is ‘to promote, encourage and support the education and physical welfare of disadvantaged children in South India through directed grants to the Elim Charitable Trust in Bengaluru and other established projects managed by Indian Nationals registered with the Charity after proper checks of their credentials.’
The area covered by our work is shown on the map.
The main activities of the CIO are fund-raising through Charity collection boxes and other donations which are then applied to South Indian NGOs following applications for grants approved by the Trustees. We have incoming grants, but benefit from the UK HMRC Gift aid Scheme.
2.2 Achievements and performance .
1 The colours represent groups of shops we visit
Income. Our main source of income is through charity collection boxes in local convenience stores. This income is similar to last year, despite the decreasing use of cash by shoppers cards and the overall economic climate. After several years of growth our income has generally ‘flatlined’. We have worked hard to expand the area we cover with our charitable donation boxes from 634 square miles to 705 square miles as shown in the map by developing an area around High Wycombe. This places extra strain on our volunteers, who donate their time and the additional fuel costs incurred. QR codes added to the boxes enable online donations but giving in this way has been minimal.
We have increased the number of shops visited from 332 to 351 whilst withdrawing boxes from shops which do not raise much money. We aim to build solid relationships with shopkeepers, although staff changes often make this difficult. It takes around 12months for new shops to realise their potential.
Collection and counting of the box contents and banking of proceeds follows our established ‘Charity Box Process’.
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We gratefully acknowledge individual single and recurring gifts. Such gifts have brought a much-needed boost to our income which has risen by £6078
We are not aware of any potential legacies which would need to be included in this report.
2.3 Expenditure
We strive to keep our operating costs to a minimum, although we needed to purchase additional collection boxes device during the year. We have no contracts requiring expenditure and the majority of our expenditure is through discretionary grants. We have no premises and work from a fully depreciated garden shed.
Grants are made in response to specific applications and in accordance with our ‘Grant Making Process’.
In the period of this report we have made 12 grants to 6 Indian NGOs who match our charitable aims. Grants are only awarded after formal assessment of the organisation, their feedback on the way previous grants have been applied, and the nature of specific applications.
The award of a grant is not automatic; for example, we may decline an application where we consider the project to be unsustainable or where inadequate feedback has been received. It is also of note that we have declined to accept worthy requests from a number of NGOs which have requested support; this solely down to the limited funds we have.
Once awarded, grants are transmitted to Indian FCRA[a] Accounts via the SWIFT banking process, with SICEWT paying the transaction fees and recipient NGOs paying local bank charges.
This year we have awarded grants to the value of £26395 and designated an additional £3425 for grant requests which span our financial year. These figures are similar to last year and brings our total awards to £125000 for the benefit of hundreds of children.
The graph shows a year-by-year trend of our income and success in awarding grants.
Our grants have been made for a variety of projects which are tabulated in Appendix A. These represent a wide variety of purposes, principally focused on children’s education including the salaries of teachers.
----- Start of picture text -----
Fundraising and Grants
£35.000
£30.000
£25.000
£20.000
£15.000
£10.000
£5.000
£-
Income Grants + fees Designated
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a FCRA: Foreign Contribution (Regulation) Act – an India Government method of ensuring contributions are only made to appropriate organisations.
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We have evidence of all our grants being received by the recipient organisation and appropriately applied.
We provided bicycles to enable children from leprosy affected households to travel to secondary school without fear of ridicule and abuse.
At the opposite end of the age spectrum, we have supported a nursery school in a village setting through educational supplies and 3 teachers.
Many other projects are described on our website, www.sicewt.org.uk/Projects
Self-funded visits and personal meetings with 3 of the 8 NGOs we work with took place in January 2025. The visits were seen as a vital part of our work to ensure that good value was being achieved without cost to the charity and is a testament to the voluntary nature of our charity. We have now visited six of the 8 NGOs we work with.
The picture on the left shows us at the Mamare girls’ Orphanage talking to young ladies, 3 of whom we have sponsored through an Accountancy course at a prestigious College.
2.4 Future plans
Our aim is to, at least, sustain the work. Our achievements are highly dependent on the goodwill of volunteers. The current volunteers (comprising the Trustees and Mr Frank Rainsborough) are at full capacity. Steps were attempted to recruit additional help, and possibly to employ a fund raiser. These attempts have not currently proved fruitful.
2.5 Risks
Our fundraising strategy is focused on a single income stream. It is probable that this form of income will continue to decline as card-payments become more prevalent. In mitigation, additional fundraising methods are under consideration.
Employment of a fund-raiser will increase costs, and care must be taken to ensure value for money.
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2.6 Financial review.
The charity has a policy of applying its income to the making of grants whilst keeping operating costs as low as possible.
Most assets are banked with CAF Bank. Some income is generated through the PayPal Giving Fund and the Charities Trust. Income through PayPal is occasionally transferred to CAF Bank. The Charity holds a small cash balance.
We aim to hold £5,000 in reserves. On occasions, this reserve may be used to make agreed grants where there is a reasonable expectation that income in the next 2 months will enable the reserves to be restored.
The Trustees are satisfied that SICEWT is an ongoing concern, primarily as our only significant expenditure is the making of discretionary grants. We always maintain a positive balance with no subsidiary undertakings or funds and no restricted funds or endowments. The details of the financial position are contained in the Accounts section of this report. There are no outstanding bills beyond the reported balance.
2.7 Funds held as custodian trustee on behalf of others.
We do not hold funds on behalf of other charities or individuals.
2.8 Parent Charities
We are not ‘parents’ to any other charity.
3 Matters that charities subject to statutory audit must also report.
Not applicable.
4 Additional reporting requirements where group accounts are prepared.
Not applicable.
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Appendix A - Schedule of grants made in the year
| NGO | Grant Focus |
|---|---|
| 1 | Migrant Children Day Centre |
| 2 | HIV Children's Education |
| 2 | Adoni Children Cycles |
| 2 | Educational supplies and bicycles |
| 3 | School Assistant, School uniforms |
| 3 | Summer School |
| 3 | Able School Support |
| 4 | School Teachers |
| 5 | Winter clothing |
| 5 | Standard 10 Children |
| 5 | School supplies |
| 6 | Educational Supplies + 3 Teachers 1 year |
We have declined to fund applications which do meet our primary objectives and in some cases limited the amount awarded or denied funding due to limitations in our own funds.
The value of the grants to particular NGOs varies and the number of grants awarded does not imply that one NGO is receiving more than another.
Specific details of the grants may be provided on request to chair@sicewt.org.uk stating the reason for the request.
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Charity 1179195, Registered in England
Annual Accounts 1[st] July 2025 to 30[th] June 2026
Report of The Independent Examiner
I report to the trustees on my examination of the accounts of the above charity (Trust) for the year ended 30th June 2026.
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
| reached. | |||
|---|---|---|---|
| Signed | Date | ||
| Osa Osifo | 26/08/2026 | ||
| Address | 19, Chester Avenue, Twickenham TW2 6AG |
Accounts Page 1
Balance Sheet for the year ending 30th June 2026
A Charitable Incorporated Organisation 1179195
| 2026 | 2025 | |
|---|---|---|
| Fixed Assets £ |
£ £ £ |
|
| Intangible Assets - |
- - - |
|
| Investments - |
||
| Property - |
||
| Current Assets | ||
| Total Cash/Bank 7,312.34 |
5,266.73 | |
| Debtors - |
- | |
| Creditors: amounts falling due within oneyear - |
||
| - | ||
| Net current assets 7,312.34 |
5,266.73 - |
|
| Net Assets | 7,312.34 | 5,266.73 |
| Liabilities | - | - |
| Reserves | ||
| Income and Expenditure Account |
||
| 7,312.34 | 5,266.73 | |
| Total carried forward Note 10 |
7,312.34 5,266.73 |
| Disposition of Funds | End 2026 | End 2025 |
|---|---|---|
| £ | £ | |
| Cash | 43.13 | 30.58 |
| Pending | 0.00 | 0.00 |
| CAF Bank Current | 1187.11 | 1336.15 |
| CAF Bank Deposit | 6017.54 | 3700.00 |
| PayPal | 64.56 | 200.00 |
| Total Cash/Bank | 7312.34 | 5266.73 |
Accounts Page 2
A Charitable Incorporated Organisation 1179195
Detailed Statement of Financial Activities as at 30th June 2026
| 2026 2025 |
|
|---|---|
| INCOME £ £ |
|
| Incoming resources | |
| Gift Aided Donations and Gift Aid / GASDS Reclaim Note 8 7698.74 4729.57 |
|
| Income from charitable activities | |
| Boxes and other GASDS 19157.17 18212.83 |
|
| Other 'Trading' Activities 0.00 1075.29 |
|
| Interest and Investments 88.41 156.11 |
|
| Other / Sundry Income 3500.41 194.75 |
|
| Total Income 30444.73 24368.55 |
|
| EXPENDITURE | |
| Charitable Activities | |
| Direct Grants within England and Wales 0.00 0.00 |
|
| Cost of Direct Grants external to England and Wales Ref A / Note 9 26395.00 27250.00 |
|
| Administrative Expenses | |
| Employment 0.00 0.00 |
|
| Trustees' Expenses Note 4 1201.10 0.00 |
|
| Costs of Fund Raising 630.01 181.41 |
|
| Depreciation 0.00 0.00 |
|
| Banking and Insurance 162.22 256.70 |
|
| Other Expenses 10.79 56.29 |
|
| Total Administration Costs Ref B 2004.12 494.40 |
|
| Total Outgoings Ref (A+B) 28399.12 27744.40 |
|
| Note |
The net Administrative Overheads equate to 2.7% of income - [last year 2.0%] due to the good will of volunteers.
Accounts Page 3
Notes to the Accounts for the year to 30th June 2026
A Charitable Incorporated Organisation 1179195 Date of Incorporation: 13th July 2018
| 1 | Accounting Policies | |
|---|---|---|
| Basis of | ||
| Preparation | ||
| The accounts have been prepared on an Income and Expenditure basis. No funds are restricted. | ||
| Incoming Resourcesare the amounts received from individuals and through fund-raising activities. | ||
| Donations in collection boxes are only included as income when boxes are collected and opened. | ||
| 2 | Creditors: amounts falling due within one year 2026 |
2025 |
| Uncleared cheques 0.00 |
0.00 | |
| Other creditors 0.00 |
0.00 |
| 1 | 1 | 1 | Accounting Policies | Accounting Policies | Accounting Policies | Accounting Policies | Accounting Policies | Accounting Policies |
|---|---|---|---|---|---|---|---|---|
| Basis of Preparation |
||||||||
| The accounts have been prepared on an Income and Expenditure basis. No funds are restricted. | ||||||||
| Incoming Resourcesare the amounts received from individuals and through fund-raising activities. | ||||||||
| Donations in collection boxes are only included as income when boxes are collected and opened. | ||||||||
| 2 | Creditors: amounts falling due within one year | 2026 | 2025 | |||||
| Uncleared cheques | 0.00 | 0.00 | ||||||
| Other creditors | 0.00 | 0.00 | ||||||
| Total | 0.00 0.00 |
|||||||
| 3 | Income and Expenditure Account | |||||||
| At 1st July 2025 | 5,266.73 8,642.58 |
|||||||
| Excess of Expenditure over income for theyear | 2,045.61 -3,375.85 |
|||||||
| At 30th June 2026 | 7,312.34 5,266.73 |
|||||||
| 4 | Trustees’ remuneration and expenses | |||||||
| No remuneration is paid directly or indirectly to any Trustee. | ||||||||
| Permitted expenses incurred by the Chairman have been | ||||||||
| paid but reimbursed in full with net zero cost to SICEWT and are included within the Gift Aided Gifts. |
1,201.10 0.00 |
|||||||
| 5 | Employees | 0.00 0.00 |
||||||
| There have been no employees in the past year. The work of unpaid Volunteers without whom the Charity would struggle is acknowledged. |
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| 6 | Designated funds | |||||||
| The accounts include total sums designated for specific | ||||||||
| grants which were not fully paid in the current year to a | 3,425.00 2,775.00 |
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| total of: | ||||||||
7 The Trustees are satisfied that the charity is exempt from the requirement to obtain an audit in accordance with Charities Act 2011 (Accounts and Audit) Order 2015. The Trustees acknowledge their responsibilities to obtain an Independent Examination of the accounts when the gross income amounts to £25,000 or more.
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8 Gift Aid income is treated as Nett until Tax is refunded
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9 'Costs of Direct Grants' includes associated Bank Charges
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10 Reserves
The Trustees have determined that a Reserve of £5000 should be maintained against future expenditure. Exceptionally, up to 80% of this reserve may be used to fund agreed grants where there is a reasonable expectation that income in the next 2 months will enable the reserves to be fully restored.
Accounts Page 4