THE BRITAIN44EPAL SOCIETY ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 30th JUNE 2025 Thè Brttaln-N•pal Soclety President.. His Roy81 Highness The Duke of Gloucester KG. GCVO Patron.. His Excellency Chandra Kumar Ghimiire. Ambassador of Nepal Vice Presidents Lieutenant Colonel Gery D Birch Mrs Celia Brown Mrs Jenrfer Evans Sylvia Countess of Limerick CBE Mrs Pal Mellor Mr Roger Potter MBE Mr Mah2rita Shrestha OBE Mr D8vid Thomas MBE Sir Neil Thome OBE, TD, DL Commlttee Chaiman= Mr Nicholas Hinton MBE Vice Chairman.. Mr Ashley Adams Honorary Secretary.. Mrs M.J. Streather Honordry Treasurer.. Colonel Rupert Lithertand Ms Alison Marston Mr Kirtijai Pahari- Mrs Arali Shrestha Andy Sparkes CMG Dr Mark Watson ExQfflclo Mr Bipin Duwali.. Counsellor. the Nepalese Embassy Ms Lisa Pelsal.. rep. The Foreign and Commonwealth Office Vacant.. rep. Headquarters Brigade of Gurkhas Independent Assessor Mrs Val Kirkin
Th? 8rrtain44opal Society Committoe's Report For the year ended 30th June 2025 Objectlves and Organlsatlon The purFrt)se of the Sty is lo promte and foster relations belween the peOes of Brttain and Nepal and lo make chantable donations lo registered United Kirodom and Nepalese chartties working in Nepal for any purpose recognised as thafilaNe under Ihe law of England and Wales. The Society is Tun by a voluntary committee whth organises an annual prcJramme of meetings. activities and events and makes Tegular donations and caSIonal appeal5. The committee adminrster5 Ihe SocEs finances. Tr financial aim tt)ntinues to be to cover the ietys regular activities and administratNe costs from subscriptions and interest and generally to operate events on a self-finanur¥J basis. aming at all times to help SUPFNt the needy in Nepal. Actlvltles and Achlevements The eStalShment of the BfTtain-Nepal Chwitable Tr1 {BNCT) in Awil 2024, as a separate but linked charitable ami of the Sw'ety. marked a snrf1Cant chaThJe. BNCT will as a charity raise funds to establish, inilially. a Caprtal Fund of less than £lC().c and assume resFKsnsibility for what were BNS annual grants. BNCT wll also retain a Disaster Fund of £10,000 for immediate disbursement in the event of a disaster in Nepal. To Sup[ BNCT. £28.710 of BNS funds were transferred to BNCT. In the interregnum Ihe usual £1.000 annual granl was not made in 2024. Attendance at events continues to be disappointing but tslks arml events made a loss of £551.38. Steps have been taken to reduce costs and in(xease attendan. Membership has fallen slightly with the Inevitab losses incurred by a SoCty that has an elderly membership. Efforts lo recruit new, and in partIlar Nepali u)ntinue. Trnnsactions and Financial Posillon The Sc¢iety's assets are feFYesented by the General Fund to which are appld ordinary, corporate and lrfe subscriptK)ns. interest on fiJrKIs held. profft5 or kisses on events and any other income a1 from whith Lydinary expErKliture is rnet arKI dona1K rnay be made. The General FuTrJ saw a decrease in funds of £26.680.28 LgTgety occasioned by the transfer of £28.710 to BNCT was in line with the wish to have a char¢taNe ami. The General Fund ended the year at £5.940.01. Although inllalion, rising pri, membership numbers and attendance at events are concern income from subscriptions and InatIonS continue to prc*Yuce a nK#Yest surplus. The commrttee feels the Socie$ finanual position is sound and provhJ8s a reasonat4e basis on which to o)ntinue to operate.
The Brltain-Nepal Soclety Commlttee's Report For the year ended 30th June 2025 {Contlnued) Assessor Mrs Kirkin carried out an independent assurance review of the Society's accounts reporting direcuy to the Chaimian. The Commlttee's Responslblllty In Respect of the Accounts Under Ihe SIety's Constftution, the Commrttee is required to.. ensure that accounting records are kept in respect of the Society. whlch a sufficienl lo show and explain 811 the Society's Iransa¢lions,' lill prepare in respect of each financial year of the Society a ststement of 8nts. Chaimian.. Mr Nicholas Hinton MBE Honorary T8$ur. Colonel Rupert Lrtherland
The Brltaln.Nepal Society General Fund Income and Expenditure A¢count for the year ended 30th Junè 2025 2025 Subscrfptlons Ordinary members Corporate members Life members Rebate 4.175 175 4,520 175 750 4,350 5.445 Donatlon¥ rgcglved 100 2.480 Invostmont Bond Intsr•st {N•t of Tax 750.31 695 Interest on Savlng$ A¢count 63.59 Compensatlon from HSBC 200 Scarves. Ties. Masks and Badges Sales 35 Ev•nt$ Income receNed Costs 6,582 7,133 38 10,004 8,898 1551.38) 1.1C Oth8r Costs Purchase of computer Postage, stationery. setretsrial Nepal News Bank charges Webslte Maintenan & rerwRI 843.99 225.62 600 66.40 1.181.79 {2.2021 {2.917.81 12.202) Donatlons made 128.7101 14.000} Excess of Experidituro over InGomo for the Ygar 126,680.28) 3,531
Th• Brttaln-N•pal Socl•ty Balanco Sheet as at 30th June 2025 2025 ' 2024 Investmonts Bonds 20.257 Currant Assats Stock Accrued income Cash at Bank 1.925.70 2.069 4,014.31 10,437 5940.01 12.506 Accruals Net Current Assots 5,940.01 12,506 Net Assets 5.940.01 32.763 Chairman.. Mr Nicholas Hinton MBE Honorary Treasurer.. Colonel Rupert Lithedand Approved on 2025
The 8ritsin-N8pal Soci•ty Notes to the Accounts For the year ended 30th June 2025 A¢counting Poll¢los {a) Status The Society is an unincorporated association. (b} Basis of accounting The accounts have been prepared under the historical cost convenlion and on an accruals basis. {c) General Fund Atl income and expendilure is attributable to the General Fund, as summarised in the Income and Expenditu account. (d) Donations Donations are accounted for on receipt. {e) Investments Investments are induded in the balance sheet at cost. {fj Slocks st are valued al Ihe lower of cost and net rpalisable value.
Assèssorfs Indepdent assufanc• roport on the unaudlted flnanclal statements of Tho Brltaln-Nopal Soclety To tho Commlttee arKI the members of The BrftsInOpaI Society {'tho Sodoty,) I have carried out an asse55menl of the Sctty's unaudited financial stslements for the year ended 30th June 2025 as set out on pages 3 to 5. made enquiries of the Sctiety's Committee and assessed the accounting FyJl1c adopted by the Committee. in order to gather sufficient evidence for my ojndusion in this rerKxt. This report is made solely to the Swety's Committee and the SrKieWs members. It has been released to the Committee and the members on the basis that this reFXXt shall not be copied. referred to or disdosed, in whol8 (save f(K the commrttee's intemal purposes or amongst th? Committee and members or as may tr required by law or by a competent reguialor} or in parL wthout the pri¢y written consent of the Scoety's Commrttee. My work has been undertaken so that I Mh1 stale lo the ccmmittee and Ihe members those matters that we have agreed to stale to Ih8m in this fewrt and for no other purFX)se. To the fullest extent pennitted by law. I do accept or assume responsibility lo anyone other than lh8 Committee and the Society's members as a body. for my Wofk, for this repcvt or th8 I have fcymed. Rg$pectlvo mponilbllltl The Committee have confirmed that tlw have met thr duty as sel (rt in the Committee's rep)rt on page 2. My resFM)nsibilrty is to fom and express an iThJep8nd8nt condusion, based on the work carried out, to the Committee aNJ the &Ki8ty's Thfflbws on the financial ststements. S¢op• I camed out an Ind8pendent assessm8nl of the acccwnls bas8d prfmaly upon enqulry, anamlcal pyocedures and assessiThJ accountiry Oicres in accordance wrth Generally Accepled Accounting Practice in the UK. If I consKlered rt to be necessary, l also perfned limrted e¥amination ol evidence relevant lo certain balan and disdosufes In the finanaal stslements where we became aware of matters that might indthe a risk of material misstatement in the financ1 stalements. The teryns of my assessment exdude any rewiremenl to cary (wt a comprehensive assessment of the nsks of material misslalemenL a consKlerat•Jn of fraud, laws. regulations or internal controls, and I have not done so. l am not requyed to, arKI do not. express an audrt opinp)n on these financial statements. Concluslon Based on my work. nothiThJ has cm to my attènt* to reffijte the Committee's eonfimation that Ihe financial stslements give a tr and fair vwi cl the State cl the So¢bety's affairs a$ al 30th June 2025 and of rts excess of exFEndituffj over inc(Nne for the year then ended and have l)een properly prepared in accordance with Generalty Accepted Accwntiru Practice in the UK. Mr¥ Val Kirkin IG Septemb8r 2025