REGISTERED CHARtrTr' ￿L￿lBER. 1202491 Re rt of theT￿￿teS Un4udited FI￿9￿¢1*1 &**tt)ents for the Period 27 ￿l￿Tr￿ 2023 to I ril 2024 for AttwixNJs Per￿ll Htsuse 17 Bridoe Street pe￿hOre Vi'orcestershir¢ WRIO IAJ for the Period 27 I18rch 2023 to l A ri12024 P*ge Report of the Tru5tee5 Indet*ndent Examiner's Re￿rt Ststemeni (pf Fin#n¢i*l A¢¢iviii¢s Balance SI￿rt r4oies to tbe FiTr•n¢ixl St*t¢men¢s 6 to 7 Detailed St#terneDt Of FiD#nei*l Aeti%'ilies rt ofth¢Tru$tees for tbe Period 27 I¥IAtth 2023 to l A ri12024 The ￿5*e$ present their reFrf)rt with the financial Statements of ihe charity for the wiod 27 March 2023 to l April 20?4. The llu%ees have adopted the pro￿$10n5 of A￿oUntin￿ Rep)rting by Charitie5.' Staternent of Rtton]mended Practice applicable ￿ charities preparing their ac4x>urÈts in &Lx>rdgnce with the FIn￿)cIal Rewrting StsndaTd applicable in the LW and Republic of Ireland (FRS 102) {effective l January 2019). ORTECTIVES ATr4D ACTIIqTIES Purpise The pwy)se of the Tnw is t(p provide suppN)rt and s¢holatships to a%SiSi individua]s a￿d oryanisaiions through education and trdining OPPOrtunitie5 that wouldnl have F*en m&4e available ￿ them Othe￿ISe. AcHIEvE￿]EliT A￿D PERFORNI.4.NCE Charitable attivities and achieTremeDts The charity h& funded one Student ai the University of Edinbur￿ to pwsue a degree in ￿10]0￿ and psychology. This individual Clmnes from a family of five in the drstrict of Ratn￿trin. MahaTashtsa. Htr fathet is a post offitt WOTker earning rs 3.5L {approximatel)' £3.5tM)) per }edr and supy)rting all of them. This t￿ll￿d￿81 is an exceptional $ll￿ent with a btilliant a¢ademi¢ tr&k record but she i%ould have never F*en able to pursue higher t(h]c￿lOn without the 5UPPOrt of 2 fLNJndation such as ours. The ¥hievemens ¢)n this indi%'iduai have been incTedTble and a rvdl success sknry for ihe foundation to be able io give oprK)rn]niiies ￿ individuals who would noi n(xmdl} have got that chan￿. FINANCIAL REVIEIV Finante The income from donatiort5 w&5 £11.903.40. There was ￿ other tncome ￿ the charity. Our cash reserves at HSBC Bank stand at £1,8i7.60 21 the Yrar End. The most significant expense of £IO.O(rf) to provide a 5cholar5hip to an individual to &s5ist them through higher cducation. STRucfuRE, GOI￿ ILYANCE APID %1.4Y.4GEMENT Goieming do¢umen¢ The charifv 15 controlled by its governing dOC￿ment, a deed of tnw and constiiu*s ￿ uninwrymmed ¢hariry. Organi$4tional strndure The dav io da} ntnning of the chatity is managed by the tsustee Chair Ms Snigdha Singh. As the elAritv is still of small scale the affaiTS easilTr tnanaged %btthoul stsff overhead. The clwit> currend), has four trustees and there is urrenily no requirement io add anN &Jdiliona] rnembeTS. Adveni5eTDeni would take pl&e should athLSttt resign. REFERENCE .4ND AD}llI￿ IsfiL4TII'E DETAILS Regxstered Charity. number 1202491 PTincipal address He￿h View C.rompton Avenu¢ London N64LB Trustees Ms S Singh Ms K Singh Ms A Kapur Independent Examintr A￿￿Oods.￿Ccollntants Attw￿)IS Perrott House 17 Bridge Sireei p￿h0[¢ Worcesrershire WRIO IAJ (•P.%lnih fnr the Ptilrnl 17,Ilxitfv 211J l• I ,IprH in24 xivl iiened i11￿11￿1f hy 15 S Kingh- Tntsfv ndent miner's R rtto Foundation tees of Independent exAminer's rewrt to ihe trustees of GP Siogh Foundatio I tepx>rt ¢0 the cllarity trustees on tn¥ examination of the of GP Singh Fwt*Jaiion (the TnLStI for the pericM4 27 kfarch 2023 10 l April 2024. Re5ponsibilitie5 and basi5 of report As the chariti. trnstees of ihe TnLS¢ NL)u are rey)nsible for the PTep3rti￿ of the xcounts tn accordance the requiretnents of the Charities Act 2011 ('the Acr). l ￿pon in reSp￿t of my examination of the TnLsYs aceounts carried out under Sethon 145 of the Act and in ¢wrying out y exatnination I have followed ail applicable Direaions by the Charity. Comtnission under Secuon 145{5Xb) of the A¢L Indepthd¢Tr¢ exatNiMer'$ $￿te￿¢￿t I have Lompleted my examinattort. I confjrn) that no materiat malters have come to my attention in connection with the exatnination giving me caust to belie%'e thai in any material rest￿ti &c£ouniing records were kept in res￿Ct of the TnJsL &$ required bv Section 130 ofthe Act., or the accounts do not ac¢oTd with those rewrds" or Ihe accounts do not complJ' Mith the applicable reqllirements (x)nceming the forn and content of accouttts set out in the Charities {Accounts and Rewrtsl Regulations 21X)8 other than requiTfTnent that the accounts give a Ut and fair view which is not amat(er COnSTdered as part of an ind￿ndent examiDation. I have no Conce￿ and bave corne across TK) Other tnatters ITh connttiioll with the examin*ion ￿ which attention should be drawn in this ￿e￿Trrt in order to enable a ptoper understsnding of the a¢¢ounts r&iched. codjs Atmoods Accountsnts The As9)ciaiioll of Chartered Cernified Accountants Am¥o(Kts Pertolt Hciuse 17 Bridge Street Pershore Worcesle￿h1 WRIO IAJ 3110712025 in Statem Tthe tofFin 27 cial Ac ril 2 Utjrestria fund N0*5 INCONiE.4ND ENDOWNIEITS FROM Donations and legacies EXPENDrrLRE O Raistng funds $46 Cknritable aclivitie5 Grants to individuals lo,￿0 Total 111546 riET tNCOIIIE lJ58 TOTAL FUNDS CARRIED FOR￿￿'.￿RD lJi8 Th¢ notes forn) ￿ of these fitwciai suements Page 4 GP5knEh.Trou•thilon l Aiwll 2924 UtV¢￿TI¢lcd fund C&sh at CREDIT()ILS Iln)ounis f111in9 iiiihin 4711¢)e 141Q) F.TCIIRRI.NII' AK%Tr.I"% LI.IBILIIIF_S lJ58 ET,I&SEIS LIDre5trickd TOTAL FUJI DS I J58 The financial ststemeffls i%tre approv￿ by the Bwd of Tru5*&q *rttKv1s￿ for issue 31..kTr i.&."....... and i¥¢r¢ skgned(xJ its behaifby.. SSinrth-Tni51rt The wtcs part ofkn fm3ncial GPSI Fouodation ie5 to the Fimincial Ststements for the Period 27 hlarch 2W to l A ri12024 ACCOLlhTIiYG POLICIES Basis of preparinu the fingntial ststemeDts The fu)an¢ial stsiements of the chariN. which is a publi¢ benefit entit). under FRS 102. have been prepared i accordance with the Charities SORP {FRS 102) 'Accounting atmt Rewrring by ChaTtties.. Statement of Rtcotnmended Pra¢titt applicable ¢0 chariues preparing their acwunts in accordance with the Financial Reportin¥ Standatd applicable in the LfK and Republic of Ireland (FKS 1021 (effective l Ja￿uary 20191.. Financial Rewrting Standard 10? The Financial Rew)rting Standard applicable Jn the Lk and Reptjblic of Ireland, a]]d the Charities Ad 2011. The financial yaiemertts have been prerAred under the historical c05t convention. Ineome All income is recogni5ed in the Sratement of Financial Activiti¢5 OtKe the ¢haTity has eniitlement kn ihe funds it is pnbable thai the incotne will ￿ Ttteived and the afflount ¢an be m￿llyed ￿lIablY. Expenditur¢ Liabilitie5 are recogni5ed as eN￿ndIt￿￿ as s(M)n as there is a lega] or Consouaive obligation committing the chariti. 10 that eVendit￿￿. ti is probable a transfer of econotnic F*nefiLS will be rquired tn settletnent and the arnount of the obl10￿10n Vdn be measured reltablv. ExFtnditure is xcounted for on an accruJ5 ba51$ and has been ¢la55ified under headings that aggrt2ate 8Jl ts)st te12ted to the categoTr. Where coss cannot be directly attributed 10 particular headtngs the). have ￿en ail(Kated to aciivities on a ba8is con515tent with the use tsf resourccs. Grants offered subje¢1 to ¢onditi¢)n5 iihich ha%'e n(x been mei ￿ the year eThJ d￿C are noted ts a corntnitment but notaccrued as exrEndih]re. Taxaiion The charity is exempi from tax on ILS charithle aaivitie Fund *¢eounting Un¥estriLied funds can be used in accordance with the charitable objeaives at the discTEiion olthe trustees. Reskn¢Ted funds can onlj be used for particular restricted pw Niithin the objcus of the Charity. Restrictions arise %¥hen Sr￿e1r1ed b) the or when fijnds are rdised for particular restricted Pu￿ses. Furthei explaTotion of the nattwe and purrose of each fimd is in¢luded in thenoies to the fEnancial stakments. TRUSTEES. RE￿luNE[L4Ti0T¥ Af*D BENEFITS There ivere no llusiw, remunerdiion or ther benefits forthe ￿[](x1 ended l April 2024. Trustee5' expense5 There were no tnJstee5' expenses paid for the ￿riOd ended l April 2024. Page 6 eoniinued... GPSI Found%tlDD T4otes to the FittADtt*l Ststements- contiDued for tbe Period 27 ￿larCh 2023 to l .4 ril 2024 CREDITORS: A ￿l0￿￿T% FALLING DLTE iTr'rrHIN ONE I'EAR Other ¢redrtotS lO￿.ElIE￿r IN FUNDS et movement in funds At 1.4.24 Unre5tTiCted fund5 Gcnera] fund lJ58 lJ58 TOTPIL FUNDS lJ58 iJ58 Net movement in fiJTLds. included in the atKTrve are &s folloiv5'. ItKoming ResoU￿e$ ￿0￿eMent nded Tn funds Unrestrirted fu￿d% General fiind (IOa46) TOTAL FUNDS lJ58 RELATED P.4RTI' DISCLOSIIRES There were no rela￿d w. trdnsactions for the wi(Ml ended l April ?024. in Det#iled Sthiemetti ofFity#Deial Attii'i¢ies for the Period 27 NIarch 2023 to l _ ri12024 INCOME AIND ENtX)IlTrlEIIS Donaiions and leggties tknn*ions T￿•1 incoming resour