**Charity Registration No. 1180915**
**WOMEN’S INDIA ASSOCIATION OF THE UNITED KINGDOM TRUSTEES’ REPORT AND RECEIPTS & PAYMENTS ACCOUNTS**
**FOR THE YEAR ENDED 31 DECEMBER 2022**
**WOMEN’S INDIA ASSOCIATION OF THE UNITED KINGDOM**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
The Trustees present their report and financial statements for the year ended 31 December 2022.
## **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:
1. 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
2. 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**
The charity generated a surplus of £63,315 for the year compared to a small deficit of £3,134 in the previous year. This was due to the charity being able to once again hold its major fundraising gala in 2022 which it did not do in 2021 due to the uncertainty with COVID restrictions at the time.
## **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.
1
**WOMEN’S INDIA ASSOCIATION OF THE UNITED KINGDOM**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
The Trustees who served during the year and up to the date of signature of the financial statements were:
V Khosla (appointed 4 November 2022) N Dugal (appointed 4 November 2022) A Martins (appointed 4 November 2022) P Nayak (resigned 7 November 2022) F Malhotra S Talkudar A Goenka (resigned 4 November 2022) 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
V Kholsa
**Dated**
2
**Charity Name**
**1180915**
## **Receipts and payments accounts**
## **CC16a**
|**For the period**
**from**|01/01/2022|**To**|31/12/2022|
|---|---|---|---|
## **Section A Receipts and payments**
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**68,160**
**106,160**
**124**
**174,444**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**68,160**
**106,160**
**124**
**174,444**|**Total funds**
**to the nearest £**
**68,160**
**106,160**
**124**
**174,444**|**Last year**
**to the nearest £**|
|---|---|---|---|---|---|---|
|Donations|**68,160**|||||**31,745**|
|Fundraisingevents|**106,160**|||||**6,400**|
|Other income|**124**|||||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|
**174,444**|||||**38,145**|
||||||||
|**A2 Asset and investment sales,**
**(see table).**|||||||
||**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**|**-**|||
||**-**|||**-**||**-**|
|**_Sub total_**|**-**||**-**|**-**||**-**|
|**_Total receipts_ **
**A3 Payments**|||||||
|||||||**38,145**|
||||||||
|Cost of fundraisingevents|**68,225**||**-**
**-**
**-**|||**3,300**|
|Grants and donationspaid|**40,060**|||||**36,202**|
|Other expenses|**2,844**|||||**1,957**|
|**_Sub total_ **|**111,129**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**|||**41,459**|
||||||||
|**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_**|||||||
|||||||**41,459**|
||||||||
||**63,315**||
**-**|**63,315**||**- 3,314**|
||**-**||**-**
**-**|**-**||**-**|
||**54,385**|||**54,385**||**57,699**|
||**117,700**||
**-**|**117,700**||**54,385**|
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**68,160**
**106,160**
**124**
**174,444**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**68,160**
**106,160**
**124**
**174,444**|**Total funds**
**to the nearest £**
**68,160**
**106,160**
**124**
**174,444**|**Last year**
**to the nearest £**|
|---|---|---|---|---|---|---|
|Donations|**68,160**|||||**31,745**|
|Fundraisingevents|**106,160**|||||**6,400**|
|Other income|**124**|||||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|
**174,444**|||||**38,145**|
||||||||
|**A2 Asset and investment sales,**
**(see table).**|||||||
||**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**|**-**|||
||**-**|||**-**||**-**|
|**_Sub total_**|**-**||**-**|**-**||**-**|
|**_Total receipts_ **
**A3 Payments**|||||||
|||||||**38,145**|
||||||||
|Cost of fundraisingevents|**68,225**||**-**
**-**
**-**|||**3,300**|
|Grants and donationspaid|**40,060**|||||**36,202**|
|Other expenses|**2,844**|||||**1,957**|
|**_Sub total_ **|**111,129**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**|||**41,459**|
||||||||
|**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_**|||||||
|||||||**41,459**|
||||||||
||**63,315**||
**-**|**63,315**||**- 3,314**|
||**-**||**-**
**-**|**-**||**-**|
||**54,385**|||**54,385**||**57,699**|
||**117,700**||
**-**|**117,700**||**54,385**|
## **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**|Signature
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**117,700**
**-**
**-**
**-**
**-**
**-**
**117,700**
**-**
OK
OK
Print Name
V Khosla|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
Date of
approval|
|---|---|---|---|
|||||
**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
|**Report to the trustees**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and**
**basis of report**|Women’s India Association of the United Kingdom|Women’s India Association of the United Kingdom|Women’s India Association of the United Kingdom|
|---|---|---|---|
|||||
||31 December 2022|**Charity no**
**(if any)**|1180915|
|||||
||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 / 2023.
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.|||
|**Independent**|I have completed my examination. I confirm that no material matters have|
|---|---|
|**examiner's statement**|come to my attention in connection with the examination (other than that|
||disclosed below *) which gives me cause to believe that in, any material|
||respect:|
• the accounting records were not kept in accordance with section 130 of the Charities Act; or • the accounts did not accord with the accounting records; or • the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent 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.
|**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**
**Address:**||14/11/2023|
|---|---|---|
||||
||Baldev Daheley||
||||
||FCCA||
||||
||Lynwood House, 373-375 Station Road, Harrow, HA1 2AW||