Trustees’ annual report (including Directors’ report) for the period
From: 1[st] April 2023 2024 To: 31[st] March 2024 2025
Charity name: The Soni Scholarship Charity registration number: 1183320
Company number: Not applicable
Objectives and activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To promote education by funding scholarships to attend university for high performing students who, in the opinion of the trustees, would benefit from being educated but for the award of this scholarship might for financial reasons be unable to afford attendance at university, or whose parents or guardians by reason of financial necessity would be unable to provide the full fees thereof |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Identifying and selecting scholars. Payment of tuition fees directly to institutions on behalf of the selected scholars. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have acted with due diligence in meeting and upholding their responsibilities. They have taken careful time and attention to both raise funding and donate to worthy students in a well governed manner. |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment
N/A Para 1.38 Contribution made by volunteers N/A Other
Achievements and performance
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | In the fourth financial year of operation, the Soni Scholarship funded the education of Sixteen students. The selected students underwent a thorough interview process and demonstrated drive and motivation to succeed. Donors have been regularly updated on the progress of the students. |
|---|---|---|
Additional information (optional) You may choose to include further statements where relevant about:
N/A Para 1.41 Achievements against objectives set The Soni Scholarship matched expectations for fund-raising. Para 1.41 Performance of fundraising activities against objectives set N/A Para 1.41 Investment performance against objectives N/A Other
Financial review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity has a surplus of cash currently. The funding can support over 15 potential students for the duration of their University studies. The intention is to continue to deploy such funds over the coming financial year while maintaining a reserve cash buffer. |
The charity has a surplus of cash currently. The funding can support over 15 potential students for the duration of their University studies. The intention is to continue to deploy such funds over the coming financial year while maintaining a reserve cash buffer. |
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|---|---|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | All cash proceeds are held in a single pooled account under the legal and beneficial ownership of The Soni Scholarship as cash in bank accruing a rate of interest. When a successful applicant is selected, a subsidiary bank account is set up ring fencing funds to support that child through the duration of their studies. |
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| Amount of reserves held | Para 1.22 | GBP9,500 GBP 9,128 |
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| Reasons for holding zero reserves |
Para 1.22 | N/A | ||
| Details of fund materially in deficit |
Para 1.24 | N/A | ||
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | There are no current concerns. |
Additional information (optional)
You may choose to include further statements where relevant about:
N/A Para 1.47 The charity’s principal sources of funds (including any fundraising) N/A Para 1.46 Investment policy and objectives including any social investment policy adopted N/A Para 1.46 A description of the principal risks facing the charity N/A Other
Structure, governance and management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document: for example,trust deed, memorandum and articles of association etc |
Para 1.25 | Constitution |
| How is the charity constituted? for example limited company, unincorporated association, CIO |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Applications of trusteeship are open to the public, with a collective decision required among the trustees to appoint or remove a trustee. Current trustees have been selected through a detailed interview process focused on their core values. |
Additional information (optional) You may choose to include further statements where relevant about:
N/A Para 1.51 Policies and procedures adopted for the induction and training of trustees N/A Para 1.51 The charity’s organisational structure and any wider network with which the charity works N/A Para 1.51 Relationship with any related parties N/A Other
Reference and administrative details
| Charity name | THE SONI SCHOLARSHIP |
|---|---|
| Other name the charity uses | N/A |
| Registered charity number | 1183320 |
| Charity’s principal address | 15 WHARF ROAD. WRAYSBURY, STAINES, MIDDLESEX, TW195JQ |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Aman Soni | N/A | Wholeyear | N/A | |
| Neena Soni | N/A | Wholeyear | N/A | |
| AjaySoni | N/A | Wholeyear | N/A | |
| Sahil Soni | N/A | Wholeyear | N/A | |
| Sanju Soni | N/A | Wholeyear | N/A | |
| VinaySoni | N/A | Wholeyear | N/A | |
| Ishan Soni | N/A | Wholeyear | N/A | |
– Corporate trustees names of the directors at the date the report was approved
| Director name | |
|---|---|
| N/A | N/A |
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year |
|---|---|
| N/A | N/A |
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
N/A |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/A |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/A |
Additional information (optional)
Names and addresses of advisers (optional information)
| Type of adviser Name Address |
Type of adviser Name Address |
Type of adviser Name Address |
|---|---|---|
| N/A | N/A | N/A |
| Name of chief executive or names of senior staff members (optional information) | ||
| N/A |
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
Other optional information
Declarations
The company has taken advantage of the small companies’ exemption in preparing the report above.
The trustees declare that they have approved the trustees’ report (including directors’ report) above.
Signed on behalf of the charity’s trustees/directors
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Signature(s)
Soni
Full name(s) Aman
Position (for example Chair of Trustees
Secretary, Chair, etc)
Date 8th February21 December 2024 2025
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