Trustees’ Annual Report for the period
From 02/06/2024 To 01/06/2025
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 | This 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 followed the grant making policy of the charity for a range of activities including clinical programmes, staff expenses, vaccination campaigns and medications provisions. It was much better compared with last few years due to a large donation made to the Charity in 2024-25, besides utilising Charity’s own funds with a positive and high impact on its scope and range of services. |
| Policy on social investment | Para 1.38 | NA |
| including program related investment |
||
|---|---|---|
| Contribution made by volunteers |
Para 1.38 | The charity liaised with a range of multiskilled volunteers for focussed initiatives like: Visiting Students Programme, CPR awareness campaigns, medicines management, health education and promotion and educational activities, besides helping out with the core clinical programmes and remote consultations, I'm providing other help to patients and their families. |
| Other | The volunteers also included students visiting from Imperial College School of Medicine for a summer programme, undertaking a diverse range of activities and assisting with programmes and gaining valuable experience. |
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 | This year the charity ran its full scope of activities, aiming to achieve its core objectives and purposes, and expanded over to providing overseas medical students volunteering experience, better remote consultations, and increased number of opinions to patients finding difficult to travel or with socio-cultural or language barriers. The services also expanded to include metabolic conditions, especially diabetes and weight management. There were highly successful educational / CPD events, including the ones involving medical students with excellent feedback. Our key achievements during 2024-25 include: 1. Full return to usual range of activities. 2. Cost effective utilisation of funds for charities services. 3. Vaccination programmes. 4. Hosting visiting medical students volunteering programme summer 2024. 5. Expanding online services to rural areas. 6. Trialling models of local CPR initiatives. 7. Organising accredited Webinars and meetings for healthcare professionals, across UK and India, focussing on Cardiovascular diseases, Diabetes, Weight Management, Sudden Cardiac Death, CPR awareness. 8. Promoting Health education and public awareness campaigns. |
9. Addressing wider needs like sociocultural and mental health issues in cardiac patients as much as possible. 10. Continue to applying the learnings from the Charity Commission good practice guidelines for operating overseas, to strengthen our understanding, position, reputation, financial management and overall operations, and 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 £113 this year, in line with our policies and procedures and charity commission and UK fundraising regulator guidelines. |
| Investment performance against objectives |
Para 1.41 | The charity did not make any investments during the year, except necessary service related costs. |
| 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 2024-25, with a gross bank balance of £7371 as on 01/06/2025. Our activities are in a stable situation and we continue to review this 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 (20-30%) 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 |
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 | 11/03/2025 | Chair/CEO |
| Smita Thakur | 11/03/2025 | 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 |
6/2/2024 | To | 6/1/2025 |
| Section A Receipts and payments | ||||
|---|---|---|---|---|
| to the nearest £ A1 Receipts Donations to Bank Account 13,200 Charitable activities 100 Small Fundraising 113 - - - - - 13,413 - - Sub total - Total receipts 13,413 A3 Payments IT Upgrades - Vaccination Campaign Grant 300 Medicines 4,700 Tests 300 Stationery 125 Telephone 100 Medical Meetings 50 Miscellaneous - Clinical Services and related expenses 10,000 Sub total 15,575 - - Sub total - Total payments 15,575 Net of receipts/(payments) - 2,162 A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end - 2,162 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 £ 13,200 100 113 - - - - - 13,413 - - - 13,413 - 300 4,700 300 125 100 50 - 10,000 15,575 - - - 15,575 - 2,162 - - - 2,162 |
Last year to the nearest £ |
| 2,100 | ||||
| 100 | ||||
| 225 | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| 2,425 | ||||
| - | ||||
| - | ||||
| 2,425 | ||||
| 250 | ||||
| 300 | ||||
| 1,400 | ||||
| 260 | ||||
| 75 | ||||
| 100 | ||||
| 250 | ||||
| 152 | ||||
| - | ||||
| 2,787 | ||||
| - | ||||
| 2,787 | ||||
| - | - | - 2,162 | - 362 | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - 2,162 | - 362 |
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 £ 4,371 3,000 - - - - 4,371 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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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
|||
| Ashish Kumar Thakur | 3/31/2026 | ||
| Smita Thakur | 3/31/2026 |