Charity Registration No. 1180915
WOMEN’S INDIA ASSOCIATION OF THE UNITED KINGDOM TRUSTEES’ REPORT AND RECEIPTS & PAYMENTS ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2021
WOMEN’S INDIA ASSOCIATION OF THE UNITED KINGDOM
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
The Trustees present their report and financial statements for the period ended 31 December 2021.
Legal Status
The Charity was incorporated on 29 November 2019 and is governed by its Constitution, which forms the charity’s rules and regulations.
Objectives and activities
The objects of the charity are:
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to relieve the needs of people residing in the United Kingdom or in India who are socially and economically disadvantaged by providing grant funding, items and services to individuals in need or charities, or other organisations working with such people; and
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the relief and assistance of people in any part of the world who are the victims of war or natural disaster, trouble, or catastrophe in such ways as the trustees think fit.
Women’s India Association of the United Kingdom (WIA) is an incorporated charity organisation committed to empowerment of women and children form disadvantaged backgrounds through education, entrepreneurial and vocational skills, rehabilitation and life skills. WIA primarily fund projects that help beneficiaries acquire or upgrade skills for income generation. However, WIA takes a holistic approach of a community and may therefore fund projects that are by-products of its mission, for example healthcare, debt management, child nutrition, meals for the homeless and facilitation of micro finance schemes. WIA also provides financial aid in areas of natural disasters and emergencies.
Financial review
Although the charity generated a small deficit of £3,134 for the year, it do so despite not holding its major fundraising gala whilst still committing funds for its charitable activities. There are a healthy level of reserves maintained by the charity and with COVID restrictions now having ended, fundraising events can once again be planned.
Reserves policy
It is the policy of the Charity to maintain reserves at a level to fund grants for an additional year to selected charities plus one year of expenses for WIA as our major fundraising effort is conducted biennially. The Trustees consider that maintaining reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity’s current activities while consideration is given to ways in which additional funds may be raised.
Risk management
The Trustees have assessed the major risks to which the Charity is exposed and are satisfied that systems are in place to mitigate exposure to these risks.
Future developments
With COVID restrictions being lifted, the charity can look forward to once again holding its major fundraising events.
Structure, governance and management
Women’s India Association of the United Kingdom is governed by constitution as a Charitable Incorporated Organisation which was established on 29[th] November 2019. The charity registration number is 1180915 and the principal office is Lynwood House, 373-375 Station Road, Harrow, Middlesex, HA1 2AW.
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WOMEN’S INDIA ASSOCIATION OF THE UNITED KINGDOM
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
The Trustees who served during the year and up to the date of signature of the financial statements were:
P Nayak F Malhotra S Talkudar A Goenka V Kapila A Choraria S Sawhney
Organisation and Decision Making
The Trustees regularly meet to review these activities and make decisions as to the strategic direction the Charity should take and communicate this to those responsible for delivery.
Method of Recruitment of Trustees
Trustees are elected either at the Annual General Meeting or the first meeting of the General Committee. The Trustees are appointed by recommendation of the existing Trustees.
Related party transactions
During the year there were no related party transactions.
The trustees have complied with the duty in section 17(5) of the 2011 Charities Act in giving due consideration the Charity’ Commission’s guidance on Public Benefit.
The Trustees' report was approved by the Board of Trustees.
On behalf of the board of trustees
A Goenka
Dated 15 November 2022
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| Women United |
's India Association of the Kingdom |
's India Association of the Kingdom |
's India Association of the Kingdom |
1180915 | CC16a | |
|---|---|---|---|---|---|---|
| Receipts andpayments accounts | ||||||
| For th f |
e period rom |
01/01/2021 | To | 31/12/2021 |
| Women United |
's India Association of the Kingdom |
's India Association of the Kingdom |
's India Association of the Kingdom |
1180915 | CC16a | |
|---|---|---|---|---|---|---|
| Receipts andpayments accounts | ||||||
| For th f |
e period rom |
01/01/2021 | To | 31/12/2021 |
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ |
Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
|---|---|---|---|---|---|---|---|---|---|
| Donations and legacies | 31,745 | - | - | 31,745 | 28,607 | ||||
| Charitable activities | 6,400 | - | - | 6,400 | - | ||||
| Other income | - | - | - | - | 1 | ||||
| Sub total(Gross income for AR) |
38,145 |
- | - | 38,145 | 28,608 | ||||
| Total receipts A3 Payments |
|||||||||
| 28,608 | |||||||||
| Raisingfunds | 3,300 | - | - | 3,300 | - | ||||
| Charitable activities | 36,202 | - | - | 36,202 | 24,700 | ||||
| Other | 1,957 | - | - | 1,957 | 1,096 | ||||
| **Sub total ** | 41,459 | - | - | 41,459 | 25,796 | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||||||
| 25,796 | |||||||||
| - 3,314 | - | - | - 3,314 | 2,812 | |||||
| - | - | - | - | - | |||||
| 57,699 | - | - | 57,699 | 54,887 | |||||
| 54,385 | - | - | 54,385 | 57,699 |
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 |
Details Total cash funds (agree balances with receipts and payments account(s)) Cash at bank and in hand Signature |
Unrestricted funds to nearest £ |
Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Restricted funds to nearest £ |
Endowment funds to nearest £ |
|---|---|---|---|---|---|---|
| 54,385 | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| 54,385 | - | - | ||||
| OK | ||||||
| Date of approval |
||||||
| A Goenka | 15/11/2022 |
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Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Women’s India Association of the United Kingdom members of On accounts for the year 31 December 2021 Charity no 1180915 ended (if any) Set out on pages 1 - 3 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 12 / 2021. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
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accounting records were not kept in accordance with section 130 of the Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Date: 15 November 2022 Signed: Name: Baldev Daheley Relevant professional FCCA qualification(s) or body (if any): Address: Lynwood House, 373-375 Station Road, Harrow, HA1 2AW