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2024-12-31-accounts

Trustees Annual Report 2024 Sarvamangala Trust Registration Number: 1204606 ReOstered Address.. 22, Greenhill.Sm13LG Sutton RVAMA

Objectives and Activities

Sarvamangala Trust aims at giving girls from underprivileged or low-income groups the network, resources and support needed in their formative years to ensure a sustainable future filled with prospects – by way of a holistic approach, to achieve this without disrupting their organic, local infrastructure and life context.

We are working to build a sustainable ecosystem through our unique model “From Women by Women for Girls” by inspiring trust and ensuring maximum safety.

Our Vision

To empower women, as we recognize that the empowerment of women is the primary route to secure socio-economic growth in a society

Achievements and Performance

Educational Progress

Media Recognition

The work of Sarvamangala Trust UK has been featured in both UK and Indian media:

New Initiatives and Collaborations

Holistic Support and Mentorship

support. Key initiatives include:

With our volunteers’ help, we create safe online platforms for our girls to interact with peers and professionals outside their region.

Personal Mentorship

Apart from the above group mentorship programs, we are also offering personal mentorship to the beneficiaries. Each beneficiary has been paired with a mentor, who is a successful professional woman from a similar local background, ensuring that the mentor understands and relates to the girl’s context and experiences. These mentors help the beneficiaries identify and pursue their goals. They have a one-to-one relationship with the beneficiaries and are able to identify the development needs of the beneficiaries.

Future Plans

Our target for 2025 is to:

Financial Overview

Sarvamangala Trust UK was incorporated in September 2023 and began its operational journey with strong support from individuals committed to empowering girls through education. We are especially grateful for the encouragement of key supporters such as Nutan Joshi and many other dedicated women, whose belief in our mission helped transform a small idea into a meaningful service.

During the year 2024, we received contributions from 43 individual supporters , enabling us to provide beneficiaries . These funds were directed toward educational expenses, and holistic development for beneficiaries from underprivileged backgrounds.

Summary of Key Financial Figures for the Year Ended 31 December 2024

Particulars Amount in GBP £
Total Income Received 20,309
Total Charitable Expenses 11,347
Surplus Carried Forward 8,962

Appendix 1 of this report.

Reserve Policy

£8,973, which is held entirely as restricted funds designated for the purpose of supporting girls' education in accordance with the charity’s objectives.

The trustees anticipate that these funds will be utilised during the course of the next financial year to support existing and new beneficiaries, in line with the charity’s planned educational activities and commitments.

As the charity is in its early stages and operates on a volunteer-led model without paid staff or significant overheads, no formal reserves policy has been established for general or contingency purposes. The trustees will review the reserves position annually and consider the need for an unrestricted reserve as the charity’s operations expand.

Structure, Governance and Management

Sarvamangala Trust UK is a Charitable Incorporated Organisation (CIO), registered with the Charity Commission for England and Wales on 6th September 2023 .

The charity is governed by a Constitution , which is its formal governing document, adopted at the time of registration. This Constitution sets out the charity’s objects, powers, and the rules for how it is run, including the appointment and duties of trustees.

The charity is overseen by a Board of Trustees , who are collectively responsible for providing strategic direction, ensuring compliance with the charity’s objectives, and adhering to the requirements of the Charities Act 2011 and serve on a voluntary basis.

The charity operates on a volunteer-led model and does not currently employ any paid staff . Its activities are delivered and managed by committed volunteers who contribute their time and expertise in support of the charity’s mission.

The following individuals served as trustees during the reporting period:

Name Role Term of Service
Vidya Iyer Chair Appointed 6thSeptember 2023 –
present
Tina Maria Laufer Trustee Appointed 6thSeptember 2023 –
present
Hima Bindu Rebelly Trustee Appointed 28thApril 2024 –
present
Arthi Rangaraj Trustee Appointed 6thSeptember 2023 –
Resigned April 2024

and that the activities of the Trust provide clear and demonstrable benefit to the public, primarily through the advancement of education for girls.

Challenges Faced by the Organization

Need for a Clear Strategy

streamline our efforts, optimize resource allocation, and ensure sustainable growth. Strategic planning will also enhance our ability to measure progress, set realistic goals, and adapt to changing circumstances effectively.

Need for More Committed Team Members

The success of our programs depends on a strong, dedicated team. While we have passionate individuals contributing to our mission, we require more full-time and committed volunteers to drive initiatives forward. Expanding our team will enable us to manage operations more efficiently, support more beneficiaries, and enhance our outreach efforts.

Need for More trained Mentors

One of the challenges we face is identifying dedicated mentors to formalize our mentorship programs, enhance mentor skills, and establish focus groups to lead skills development and career advancement initiatives.

a dedicated full-time professional to manage and actively engage these relationships to maximize their impact and ensure long-term collaboration.

Closing Notes

We are deeply grateful to all our supporters, mentors, and volunteers who have helped make this vision a reality. Their tireless efforts have brought Sarvamangala from a modest beginning to a meaningful and growing service. We look forward to the opportunities and impact that the coming year will bring.

Signed on behalf of the Trustees,

Vidya Iyer 29-5-2025

Appendix 1

Accounts for 2024 Sarvamangala Trust UK

Statement of Receipts and Payments for the year ended 31[st] December 2024

Particulars Year ended
31-12-2024
Year ended
31-12-2023*
Amount in GBP Amount in
GBP
£ £
Receipts
Child Sponsorship 19,548
Other Donations 761 11
Total Receipts 20,309 11
Payments
Education & Support for Sponsored children 11,347
Other Administration expenses -
Total Payments 11,347
Surplus for theyear 8,962 11

Balance Sheet as on 31[st] December 2024

Particulars Year ended
31-12-2024
Year ended
31-12-2023*
Amount in GBP Amount in
GBP
£ £
Current Assets
Cash at Bank & In Hand 8,973 11
Total Assets 8,973 11
Current Liabilities
Creditors
Surplus Carried forward 8,973 11
Total Liabilities 8,973 11

* Sarvamangala UK was registered on 6[th] September 2023 and opened a bank account on 21[st] November 2023 with 11£. There were no other financial transactions for the rest of the year 2023.