## **Trustees’ Annual Report for the period** ## **From 01/04/2024 Period start date To 31/03/2025 Period end date** **Charity name: AUDIOM PROJECT** ## **Charity registration number: 1202434** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**The Audiom Project is dedicated to**
**supporting students studying in the field of**
**audiology in either a technological or**
**healthcare setting. We aim to support**
**students in need of financial aid to achieve**
**their goals by providing small to medium**
**sized grants. Our goal is to help advance**
**innovation in the audiology industry, and**
**inspire the next generation of healthcare**
**professionals**| |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|**During the year, The Audiom Project liaised**
**with students to understand their needs and**
**the challenges they face in accessing**
**financial and professional support. This**
**feedback helped us refine our grant**
**application process to better align with their**
**requirements and ensure our support has the**
**greatest impact, to improve accessibility, we**
**once launched will feature an interactive**
**grant application process and additional**
**These efforts reflect our ongoing commitment**
**to empowering the next generation of**
**audiology professionals and fostering**
**innovation in the field.**
**collaborated with a website developer to modify**
**our online platform. The website**
**resources to guide students in their journey.**| |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 regard to the guidance**
**issued by the Charity Commission in regard**
**to public benefit and clearly our work in**
**building the foundation to support students**
**pursuing careers in audiology demonstrates**
**this. We have not yet made any grants in this**
**period, our efforts have focused on**
**understanding students’ needs, developing**
**accessible application processes, and**
**creating the infrastructure necessary to**
**ensure future support is impactful and**
**aligned with our charitable aims.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference **Grants will be awarded to students studying at university full time or part time in the field** Para 1.38 Policy on grant making **of audiology in either a technological or healthcare setting Small grants to individual students under the age of 25: £125 - £250. Medium sized grants for individual students (any age in university) seeking support to further technology improvements (R&D) is made on a case-bycase basis based on its merits. All grants awarded will be based on a documented due diligence process, with clear parameters, a defined procedure, and specific time frames. We do not have a specific policy on social investment.** Para 1.38 Policy on social investment including program related investment **The organisation is primarily voluntary effort.** Para 1.38 Contribution made by volunteers 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|**The Audiom Project has laid the groundwork**
**to support students pursuing careers in**
**audiology, focusing on removing financial**
**barriers and fostering innovation in the field.**
**By engaging directly with students to**
**understand their needs and enhancing our**
**online platform to improve accessibility, we**
**have created a strong foundation for future**
**grant distribution.**
**These steps aim to empower students in**
**need, helping them achieve their career**
**aspirations and ultimately advancing the field**
**of audiology. We believe our work will**
**contribute to the development of skilled**
**professionals who will make significant**
**contributions to hearing healthcare,**
**benefiting society as a whole**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**During this period, The Audiom Project had**
**limited resources to actively attract donors.**
**As a result, we have NIL income for this**
**period.**
**Our focus during this time has been on**
**understanding the needs of students and**
**working closely with a website developer to**
**create an accessible and user-friendly online**
**platform. This platform will serve as the**
**primary means for students to apply for**
**grants and access resources. These**
**preparatory efforts are essential to ensuring**
**the success of our future activities and the**
**effective delivery of support to our**
**beneficiaries.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**No reserves held**| |Amount of reserves held|Para 1.22|**Nil**| |Reasons for holding zero
reserves|Para 1.22|**The charity holds zero reserves as roles are**
**filled by unpaid volunteers, and we incur no**
**fixed costs such as rent or utilities, with all**
**operations conducted virtually.**| |Details of fund materially in
deficit|Para 1.24|**None**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**There are no significant uncertainties**
**regarding the charity's ability to continue as a**
**going concern. Audiom Project operates with**
**unpaid volunteers, and as we have no paid**
**staff or fixed overhead costs, such as rent or**
**utilities, our operations are highly flexible and**
**cost-effective. This ensures that the charity**
**can continue its work even with limited**
**financial resources, as we are able to adapt to**
**circumstances and focus on the long-term**
**development of our programs.**| ## **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|**The Governing Document is from the model**
**Community Interest Organisation document**
**advised by the commission.**| |How is the charity
constituted?
(e.g 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|**Not needed as of yet.**| ## **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|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|**AUDIOM PROJECT**| |---|---| |Other name the charity uses|| |Registered charity number|**1202434**| |Charity’s principal address|**44 Harpur Street**
**BEDFORD**
**MK40 2QT**| **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body)**
**entitled to appoint trustee(if any)**| |---|---|---|---|---| ||**AEKTA PATEL**|||| ||**SHIVANI RAJANI**|||| ||**INDIRA POPAT**|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – 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 **None** held in this capacity Name and objects of the **None** charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for **None** safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Additional information (optional)**
**Names and addresses of advisers (Optional information)**|**Additional information (optional)**
**Names and addresses of advisers (Optional information)**|**Additional information (optional)**
**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |||| |||| |||| |||| |**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** ||**AUDIOM PROJECT**|**AUDIOM PROJECT**|**AUDIOM PROJECT**|**1202434**|**1202434**|**CC16a**| |---|---|---|---|---|---|---| ||**For the period**
**from**|**01/04/2024**
**Period start date**|**To**||**Period end**
**31/03/2025**|| |||||||| |**Section A Receipts and payments**||||||| |**A1 Receipts**|**Unrestricted**
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**to the nearest £**| |**Grants**|**-**|||||**-**| |**Donations**|**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**-**|||||**-**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| ||**-**|||||| ||**-**|||||**-**| |**_Sub total_**|**-**|||||**-**| |**_Total receipts_ **
**A3 Payments**||||||| |||||||**-**| |||||||| |**Bank Charges**|**-**|||||**-**| |**Project Fees**|**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_ **|**-**|||||**-**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| ||**-**|||||| ||**-**|||||| |**_Sub total_ **|**-**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**-**| |||||||| ||**-**|**-**|**-**||**-**|**-**| ||**-**|**-**|**-**||**-**|**-**| ||**-**|**-**|**-**||**-**|**-**| ||**-**|**-**|**-**||**-**|**-**| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**Signed by one or two trustees on**
**behalf of all the trustees**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
**B3 Investment assets**
**B2 Other monetary assets**
**B1 Cash funds**|Signature
**Details**
**Details**
**Details**
**Details**
**Bank**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
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Print Name
**Aeka Patel**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
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approval| |||**Aeka Patel**|**17/12/2025**| ## **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) AEKTA PATEL** **Position (eg Secretary, CHAIR Chair, etc) Date 17/12/2025**