**REGISTERED CHARITY NUMBER: 1202491** **Report of the Trustees and Unaudited Financial Statements for the Year Ended 1 April 2025** **for GP Singh Foundation** Attwoods Perrott House 17 Bridge Street Pershore Worcestershire WR10 1AJ **GP Singh Foundation** |**Contents of the Financial Statements**|| |---|---| |**for the Year Ended 1 April 2025**|| ||**Page**| |**Report of the Trustees**|1 to 2| |**Independent Examiner's Report**|3| |**Statement of Financial Activities**|4| |**Balance Sheet**|5| |**Notes to the Financial Statements**|6 to 8| |**Detailed Statement of Financial Activities**|9| **GP Singh Foundation** ## **Report of the Trustees for the Year Ended 1 April 2025** The trustees present their report with the financial statements of the charity for the year ended 1 April 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Purpose** The purpose of the Trust is to provide support and scholarships to assist individuals and organisations through education and training opportunities that wouldn't have been made available to them otherwise. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Charitable activities and achievements** The charity has funded one student at the University of Edinburgh to pursue a degree in sociology and psychology. This individual comes from a family of five in the district of Ratnagiri, Maharashtra. Her father is a post office worker earning rs 3.5L (approximately £3,500) per year and supporting all of them. This individual is an exceptional student with a brilliant academic track record but she would have never been able to pursue higher education without the support of a foundation such as ours. The achievements on this individual have been incredible and a real success story for the foundation to be able to give opportunities to individuals who would not normally have got that chance. ## **FINANCIAL REVIEW** ## **Finance** The income from donations was £8,500 (£11,903.40 2023). There was no other income to the charity. Our cash reserves at HSBC Bank stand at £10,278 at the Year End (£1,837.60 2023). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **Organisational structure** The day to day running of the charity is managed by the trustee chair Ms Snigdha Singh. As the charity is still of small scale the affairs are easily managed without any staff overhead. The charity currently has four trustees and there is currently no requirement to add any additional members. Advertisement would take place should a trustee resign. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1202491 ## **Principal address** Heath View Crompton Avenue London N6 4LB ## **Trustees** Ms S Singh Ms K Singh (deceased 3.12.25) Ms A Kapur S Rao Page 1 RF.FERENCE AYDAD.IIIYISTRATIVE DFTAIIS I￿¢Pt•d¢0f F.1*￿1**r AttTrJntsni P¢fftytt Ilou¥ 17 Brid8e Surrt Pmhrtc WRIO IAJ 3113116 AF4Yth¢d by ith ofthe boxd oftruska ryA_-..__--...__. 4ThJ 5ip)rdM its I￿￿[by. Ms S Sinih- TnJs*e ## **Independent Examiner's Report to the Trustees of GP Singh Foundation** ## **Independent examiner's report to the trustees of GP Singh Foundation** I report to the charity trustees on my examination of the accounts of GP Singh Foundation (the Trust) for the year ended 1 April 2025. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## Attwoods Accountants The Association of Chartered Certified Accountants Attwoods Perrott House 17 Bridge Street Pershore Worcestershire WR10 1AJ 10/04/2026 Date: ............................................. Page 3 ## **GP Singh Foundation** ## **Statement of Financial Activities** ## **for the Year Ended 1 April 2025** ||||Period| |---|---|---|---| ||||27.3.23| |||**Year Ended**|to| |||**1.4.25**|1.4.24| |||**Unrestricted**|Total| |||**fund**|funds| ||Notes|**£**|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||**8,500**|11,904| |**EXPENDITURE ON**|||| |Raising funds||**660**|10,546| |**NET INCOME**||**7,840**|1,358| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||**1,358**|-| |**TOTAL FUNDS CARRIED FORWARD**||**9,198**|1,358| The notes form part of these financial statements Page 4 l*lj Fo•AdAII•A .Ipfll inii 1124 rimdi In,1 1.358 TOTII..485F.TS LE55 CITRRF.NT 1.351 ET.4SSETS 1.358 1.358 TOTAL FLiliDS 9.191 1.358 31[.1.12 The fiThanci21 Jatemen¢S M'ere approvoj by the Brth of Twugets *)d for iwe on .......... ...... cre si8ned ¢m its behalf by: S Singh- Trusee The n￿eS f￿rn ￿ of the5c fi￿ClaI SWLrynen¢s P4g¢ 5 **GP Singh Foundation** ## **Notes to the Financial Statements for the Year Ended 1 April 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 1 April 2025 nor for the period ended 1 April 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 1 April 2025 nor for the period ended 1 April 2024. continued... Page 6 ## **GP Singh Foundation** |||**Notes to the Financial Statements- continued**|**Notes to the Financial Statements- continued**||| |---|---|---|---|---|---| |||**for the Year Ended 1 April 2025**|||| |**3.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**||||| ||||||Unrestricted| ||||||fund| ||||||£| ||**INCOME AND ENDOWMENTS FROM**||||| ||Donations and legacies||||11,904| ||**EXPENDITURE ON**||||| ||Raising funds||||10,546| ||**NET INCOME**||||1,358| ||**TOTAL FUNDS CARRIED FORWARD**||||1,358| |**4.**|**CREDITORS: AMOUNTS**|**FALLING DUE WITHIN ONE YEAR**|||| |||||**1.4.25**|1.4.24| |||||**£**|£| ||Other creditors|||**1,080**|480| |**5.**|**MOVEMENT IN FUNDS**||||| |||||Net|| |||||movement|At| |||At|2.4.24|in funds|1.4.25| ||||£|£|£| ||**Unrestricted funds**||||| ||General fund||**1,358**|**7,840**|**9,198**| ||**TOTAL FUNDS**||**1,358**|**7,840**|**9,198**| ||Net movement in funds, included in the above are as follows:||||| |||Incoming||Resources|Movement| |||resources||expended|in funds| ||||£|£|£| ||**Unrestricted funds**||||| ||General fund||**8,500**|**(660)**|**7,840**| ||**TOTAL FUNDS**||**8,500**|**(660) **|**7,840**| continued... Page 7 **GP Singh Foundation** ## **Notes to the Financial Statements - continued for the Year Ended 1 April 2025** ## **5. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** ||||Net|| |---|---|---|---|---| ||||movement|At| ||||in funds|1.4.24| ||||£|£| |**Unrestricted funds**||||| |General fund|||1,358|1,358| |**TOTAL FUNDS**|||1,358|1,358| |Comparative net movement in funds, included|in the above are as follows:|||| ||Incoming||Resources|Movement| ||resources||expended|in funds| |||£|£|£| |**Unrestricted funds**||||| |General fund|11,904||(10,546)|1,358| |**TOTAL FUNDS**|11,904||(10,546)|1,358| ## **6. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 1 April 2025. Page 8 **GP Singh Foundation** ## **Detailed Statement of Financial Activities** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Grants to individuals
**Support costs**
**Finance**
Bank charges
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income**|**for the Year Ended 1 April 2025**
Period
27.3.23
Year Ended
to
1.4.25
1.4.24
£
£
**8,500**
11,904
**8,500**
11,904
**-**
10,000
**60**
66
**600**
480
**660**
10,546
**7,840**
1,358|**for the Year Ended 1 April 2025**
Period
27.3.23
Year Ended
to
1.4.25
1.4.24
£
£
**8,500**
11,904
**8,500**
11,904
**-**
10,000
**60**
66
**600**
480
**660**
10,546
**7,840**
1,358| |---|---|---| |||11,904
10,000
66
480| |||10,546| |||1,358| This page does not form part of the statutory financial statements Page 9