Trustees’ Annual Report for the period
From 02/06/2023 To 01/06/2024
Charity name: HRIDAYAM FOUNDATION
Charity registration number: 1195240
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The relief of sickness and preservation of health of persons living in Southern Asia, by the provision of healthcare and equipment, particularly for those unable to afford such help, primarily, but not exclusively to prevent and treat heart disease. To advance the education of the public, in the UK and Southern Asia, primarily, but not exclusively, in the subject of heart disease. |
| 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 |
Provides services for: 1. Advancing health or the saving of lives 2. Health or treatment centre 3. Professional training Makes grants to individuals and organisations |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | It is to confirm that the trustees have had regard to the guidance issued by the Charity Commission on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | The trustees adhered to and followed the grant making policy of the charity for vaccination campaigns and medications provisions, as applicable. |
| Policy on social investment including program related investment |
Para 1.38 | Not applicable |
| Contribution made by volunteers |
Para 1.38 | The charity was able to recruit more volunteers for working across its varied scope of work this year with very satisfying outcomes for its objectives and purposes, aiming to deliver full range of activities, in the |
last phase of its recovery from the pandemic. Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| 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 | Overcoming previous challenges, In 2023-2024 year, the charity was able to get back on track resume its full scope of activities, in line with its objectives and purposes, and expanded some of its key services to build upon the successes and feedback from 20222-2023, especially remote consultations and advice to needy patients finding difficult to travel or with socio- cultural or language barriers. A range of educational / CPD events (mainly online were arranged with wide range of appreciation from attendees. Our key achievements during 2023-24 are: 1. Connecting back with many patients who we had lost touch with during the pandemic, as part of our phased return to usual activities plans. 2. Better financial management of free monthly medications and tests for the neediest patients. 3. Regular running of weekly (ad hoc) and monthly programmed large events, entirely free of cost. 4. Enhanced outreach into semiurban and rural areas, running screening programmes. 5. Better and enhanced uptake of online services. 6. Better adherence to policies and mandatory training. 7. Installation of Automated External Defibrillator (via donation). 8. Organising accredited Webinars and meetings for healthcare professionals, across UK and India, focussing on Cardiovascular diseases, Diabetes, Weight Management, Sudden Cardiac Death, and CPR awareness. 9. Providing free evidence-based opinion and advice to other heart disease patients like 2022-2023. 10. Flu vaccination campaign January 2024. 11. Expanding teaching/training and overseas visiting volunteers’ programme for Summer 2024 in UK and India. 12. Further strengthening our policies on working with service providers in the region and India. 13. Promoting Health education and public |
awareness campaigns. 14. Addressing socio-cultural and mental health issues to help the patients under our care as holistically as possible. 15. Applying the learnings from the Charity Commission January 2024 event for charities operating overseas, to further strengthen our understanding, position, reputation, financial management and overall operations, besides risk management.
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | As per above details. |
| Performance of fundraising activities against objectives set |
Para 1.41 | Our total fundraising was £225 this year, in line with our policies and procedures and charity commission and UK fundraising regulator guidelines. We hope to increase this in the coming year. |
| Investment performance against objectives |
Para 1.41 | Like 2022-23, the charity did not make any investments during the year, except upgrading the necessary equipment and tools as per requirements, keeping the focus on our key objectives and varied scope of work. |
| Other | None. |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The Charity is in a stable financial position at the end of FY 2023-24, with a similar gross bank balance of £9546.60 as on 01/06/2024. Our activities will expand further in the coming year, and we are keeping a close eye on our finances and reviewing things on regular basis. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The Charity has an ongoing policy for holding reserves based on last one year’s expenditures, held as a minimum of £3000 for exigencies in the Charity bank account as part (30%) of overall balance and is reviewed every year. |
| Amount of reserves held | Para 1.22 | £3000 |
| Reasons for holding zero reserves |
Para 1.22 | NA |
| Details of fund materially in deficit |
Para 1.24 | NA |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | No concerns. |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO Foundation Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO, registered 21/07/2021 |
| 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 | As per Charity constitution clauses 9-13: (1) Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. (2) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | As per Constitution. |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | As per Constitution. |
| Relationship with any related parties |
Para 1.51 | MOU with Hridayam Foundation, India, registered NGO (218/2019-Muzaffarpur) |
| Other | None. |
Reference and Administrative details
| Charity name | Hridayam Foundation |
|---|---|
| Other name the charity uses | x |
| Registered charity number | 1195240 |
| Charity’s principal address | 4 The Oval Wakefield West Yorkshire WF1 3QB, UK |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Ashish Kumar Thakur | 4 The Oval, Wakefield. WF1 3QB. UK |
NA | As per CIO Foundation Constitution clause 10 (New Trustee Appointment): Meeting of Charity Trustees |
|
| Smita Thakur | 4 The Oval, Wakefield. WF1 3QB. UK |
NA | As per CIO Foundation Constitution clause 10 (New Trustee Appointment): Meeting of Charity Trustees |
|
| Mehala Kumar | X | NA | As per CIO Foundation Constitution clause 10 (New Trustee Appointment): Meeting of Charity Trustees |
|
| Sugandh Sarvpriya | X | NA | As per CIO Foundation Constitution clause 10 (New Trustee Appointment): Meeting of Charity Trustees |
|
– Corporate trustees names of the directors at the date the report was approved
| Director name | ||
|---|---|---|
| Ashish Kumar Thakur | 21/03/2025 | Chair/CEO |
| Smita Thakur | 21/03/2025 | Trustee/Director |
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| NA | ||
| Funds held as custodian trustees on behalf of others | ||
| Description of the assets held in this capacity |
NA | |
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
NA | |
| Details of arrangements for safe custody and segregation of such assets |
NA |
from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Ashish Kumar Thakur
Exemptions from disclosure
Reason for non-disclosure of key personnel details
NA
Other optional information
None
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Smita Thakur Full name(s) Ashish Kumar Thakur Position (eg Secretary, Chair / CEO Trustee/Director Chair, etc) Date 31/03/2025
| HRIDAYAM FOUNDATION | HRIDAYAM FOUNDATION | HRIDAYAM FOUNDATION | 1195240 | |
|---|---|---|---|---|
| For the period from |
6/2/2023 | To | 6/1/2024 |
Section A Receipts and payments
| to the nearest £ A1 Receipts Donations to Bank Account 2,100 Charitable activities 100 Small Fundraising 225 - - - - - 2,425 - - Sub total - Total receipts 2,425 A3 Payments IT Upgrades 250 Vaccination campaign Grant 300 Medicines 1,400 Tests 260 Stationery 75 Telephone 100 Medical Meetings 250 Miscellaneous 152 - Sub total 2,787 - - Sub total - Total payments 2,787 Net of receipts/(payments) - 362 A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end - 362 Unrestricted funds Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table) |
to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds |
to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Endowment funds |
Total funds to the nearest £ 2,100 100 225 - - - - - 2,425 - - - 2,425 250 300 1,400 260 75 100 250 152 - 2,787 - - - 2,787 - 362 - - - 362 |
Last year to the nearest £ |
|---|---|---|---|---|
| 2,400 | ||||
| 500 | ||||
| 300 | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| 3,200 | ||||
| - | ||||
| - | ||||
| 3,200 | ||||
| 250 | ||||
| 300 | ||||
| 1,200 | ||||
| 250 | ||||
| 150 | ||||
| 100 | ||||
| 250 | ||||
| 140 | ||||
| - | ||||
| 2,640 | ||||
| - | ||||
| 2,640 | ||||
| - | - | - 362 | 560 | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - 362 | 560 |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details Bank Balance Details None Details None Details None Details None Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 6,906 3,000 - - - - 6,546 3,000 ok ok to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Ashish Kumar Thakur Smita Thakur Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| to nearest £ Endowment funds |
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| - | |||
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| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
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| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
|||
| Ashish Kumar Thakur | 3/31/2025 | ||
| Smita Thakur | 3/31/2025 |