## **Trustees’ Annual Report for the period**
**From 15[th] March 2022 to 31[st] December 2022**
## **Charity name: SANSKRIT TEXT SOCIETY**
## **Charity registration number: 1198239**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The STS has been set up to advancethe
education of the public in Oxford and across
the UK and South Asia on thehistoric,
cultural, and intellectual traditions of the
Hindus, Buddhists, and Jains from Asia,
particularly but not exclusively, literary and
intellectual works composed in Sanskrit
language and to support students and
scholars working on Sanskrit texts in the UK
and South Asia.|
|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|This being the first year of the charity,
therefore not many activities were carried
out except for initial meetings, discussions
and sharing of ideas within the charity as
well as with the potential stakeholders.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The charity confirms 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|Not Applicable for the reporting period.|
|Policy on social investment
including program related
investment|Para 1.38|Not Applicable for the reporting period.|
|Contribution made by
volunteers|Para 1.38|Not Applicable for the reporting period.|
Other
Not Applicable for the reporting period.
## **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 being the first year of the charity,
therefore no particular achievement is to be
reported.|
**Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|Not Applicable for the reporting period.|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|Not Applicable for the reporting period.|
|Investment performance
against objectives|Para 1.41|Not Applicable for the reporting period.|
|Other||Not Applicable for the reporting period.|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|During the reporting period, the STS have
not done any activity relating to receiving of
fund (Donation) or deploying any fund
towards the object.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|No fund or donation received. So, does not
created any reserve/s.|
|Amount of reserves held|Para 1.22|Zero|
|Reasons for holding zero
reserves|Para 1.22|During the reporting period, the STS have
not done any activity relating to receiving of
fund (Donation) or deploying any fund
towards the object.|
|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|No uncertainties|
## **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|Donation|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|The income and property of the STS must
be applied solely towards the promotion of
the objects.|
|A description of the principal
risks facing the charity|Para 1.46|The STS presently not doing any activity
relating to object. So, there would be no risk
faced by trust.|
|Other||None|
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Trust Deed|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Charitable Incorporated Organisation|
|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|There should be not less than three nor
more than eleven appointed trustees.
There must be at least three charity trustees.
If the number falls below this minimum, the
remaining trustee or trustees may act only to
call a meeting of the charity trustees, or
appoint a new charity trustee.
The maximum number of charity trustees
that can be appointed is as provided in sub-
clause (a) of this clause. No trustee
appointment may be made in excess of
these provisions.|
## **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|No clause|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The STS is being set up to advance the
education of the public in Oxford and across
the UK and South Asia on the historic,
cultural, and intellectual traditions of the
Hindus, Buddhists, and Jains from Asia,
particularly but not exclusively, literary and
intellectual works composed in Sanskrit
language and to support students and
scholars working on Sanskrit texts in the UK
and South Asia.|
|Relationship with any related
parties|Para 1.51|No transaction carried out during the period.
So, there is no related party/s established.|
|Other||No|
## **Reference and Administrative details**
|Charity name|Sanskrit Text Society|
|---|---|
|Other name the charity uses|No|
|Registered charity number|1198239|
|---|---|
|Charity’s principal address|85 Banbury Road, Kidlington, OX5 1AH, UK|
|||
**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)**|
|---|---|---|---|---|
||Professor Diwakar
Acharya||15.03.2022||
||Gillian Evison||15.03.2022||
||Anupam Kumar
Suman||15.08.2024||
||Dr Pongsit
Pangsrivongse||15.08.2024||
||Dr John Lowe||15.03.2022||
||Dr Jayanra Soni||15.03.2022||
||Dr Nina Mirnig||15.03.2022||
||Dr Bihani Sarkar||15.03.2022||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
– Corporate trustees names of the directors at the date the report was approved
**Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets Not Applicable held in this capacity Name and objects of the Not Applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not Applicable safe custody and segregation of such assets 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)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|||
|---|---|---|
||
Diwakar Acharya|Anupam Kumar Suman|
||
Trustee|Trustee|
||14.01.2024||
||14.01.2024||