2022-12-31-accounts - The Aridev Foundation

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Objectiv	es and	Activ	iti	es
				SORP reference
Summary ofthe purposes the charity as set out in its			of	Para 1.17	to advance such charitable purposes (according to the law of England and
governing	document				Wales) as the		trustees see fit from time
					to time
Summary activities purposes	ofthe main in relation to those for the public			Para 1.17and 1.19	Making ofgrants to support advancement ofthe charity's			the purposes
benefit, in particular,		the
activities,	projects or
services	identified in	the
accounts.
Statement	confirming			Para 1.18	the trustees	have had regard		to	the
whether the trustees		have			Charity Commission's guidance				on
had regard to the guidance					public benefit.
issued by	the Charity
Commission on public
benefit

		SORP reference
			During	the period the main
			achievements ofthe charity was the
			distribution of616,000 in charitable
Summary ofthe main achievements ofthe charity,		Para 1.20	grants to organisations addressing following societal issues:		the
identifying	the difference the		~	Food poverty
charity~ark-hesroade-			~Hemelessne
the circumstances of its			~	Mental Health
beneficiaries and any wider			~	Refugees
benefits to	society as a		~	Disability
whole.			~	Self-harm
			~	Blindness

Achievements against	Para	1 41
objectives set
Performance of fundraising activities against objectives	Para	1.41
set
Investment performance	Para	1 41
against objectives
Other

Financial Review
Review ofthe charity's		Para	1.21	The charity	has net reserves at the end
financial position at the end				ofthe period
ofthe eriod
Statement explaining the		Para	1.22	All reserves	will be distributed	as grants
policy for holding reserves				in due course
statin wh the are held
Amount of reserves held		Para	1.22	610600
Reasons for holding zero		Para	1.22	n/a
reserves
Details of fund materially	in	Para	1.24	n/a
deficit
Explanation of any		Para	1 23	n/a
uncertainties about the
charity continuing as a going
concern

The charity's principal
sources offunds (including	Para	C47
any fundraising)
Investment policy and
objectives including any	Para	1 46
social investment policy
adopted
A description ofthe principal	Para	1 46
risks facing the charity
Other

Structure, Governa	nce	and	Manag	ement
Description of charity's
trusts:
Type of governing document		Para	1.25	Trust Deed
trust deed, ro ai charter
How is the charity		Para	1.25	CIO
constituted7
(e.g unincorporated
association, CIO
Trustee selection methods		Para	1.25	The Founding		Trustees shall be
including details of any constitutional provisions IectIorr	e.g.			appointed as charity trustees ofthe CIO for life, subject to clause 12.1.Apart omfhe~sfcharitytrustee~very-
any person or body entitled to appoint one or more trustees				trustee must be appointed three years by a resolution properly convened meeting				for a term of passed at a ofthe
				charity trustees.			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
				ofthe CIO.
Additional information	(optional)
You ma choose to include further statements				where relevant	about:
Policies and procedures adopted for the induction		Para	1 51
and training oftrustees
The charity's organisational structure and any wider		Para	1.51
network with which the
charity works
Relationship with any related		Para	1.51
parties
Other

ame	s ofthe charity trust	s ofthe charity trust	ees who manage	the charity
	Trustee name		ONce (ifany)	Dates acted if not for whole ear	Name to a	of person (or body) entitled oint trustee ifan
1	Rakesh Loomba
2	Samantha	Loomba
3	Arisa Loomba
4	Devina Loomba
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

O CHARITY COMMISSION FOR ENGLAND AND WALES	O CHARITY COMMISSION FOR ENGLAND AND WALES	O CHARITY COMMISSION FOR ENGLAND AND WALES	O CHARITY COMMISSION FOR ENGLAND AND WALES		"''"'' Naos' The Arldev Foundation Receipts	"''"'' Naos' The Arldev Foundation Receipts	"''"'' Naos' The Arldev Foundation Receipts	and	payments	payments	1197477 accounts	1197477 accounts	1197477 accounts		CC&sa
					For the period from			12/01/2022		TQ		l-"	I f 4 1 1ra 31/12/2022
				~	~
					Unrestricted funds		Restricted funds			Endowment funds			Totalfunds		Lest year
					to	the rival'sst
						E	to	the nearest	E	to the nearest	E	to the nearest E			to the nearest E
A1 Receipts
Donations						32,000								32,000
Sub total(Grossincome			for AR)			32,000								32,000
A2 Asset and	investment sales
(see table).
		Sub	total
	Total receipts					32,000			-		-			32,000
A3 Pa ments
Dcoadoos Paid						18,000								18,000
Professional fees						6,400								5,400
		Sub	total			21,400								21,400
A4 Asset and	investment
purchases, see table
		Sub	total
	Total payments					21,400
Net ofrecelptsr(payments)						10,600								10,600
A6 Transfers between		funds
A6 Cash funds	last year end
Cash funds this		year	end			10,600								10,600

				~	I	~	~		~ ~	~		~ ~
									Unrestricted	Restricted			Endowment
	Categones			Detarlg					funds to nearestf.	to	funds nearest 6		funds to nearest 6
Bt Cash	funds			Bank balance					10,600
					Total		cash funds		10,600
				(egree belences	wrrh	recerprs		end payments
								eccounr(s))
									Unrestricted	Restricted			Endowment
									unde				r
				Details					to nearest 6	to	nearestf.		to nearest f.
B2Other monetary assets
				Details					Fund to whrch asset belon s	Cost		(optional)	Current value o tional
B3Investment		assets
				Details					Fund to which asset helen s	Cost		(optional)	Current value o tional
B4Assets retained for the
charity's	own	use
									Fund to which	Amount due			When due
				Details					liabill relates		o	tional	o tionel
B5Liabilities
Signed by one or two trustees behalf of all the trustees			on	Signature					Print	Name			Date of approval
									Rakesh	Loomba