## **Khumbu Sherpa Project SCIO** **Scottish Charity No – SC050559** **Annual Report and Financial Statements For the year ending 30 November 2024** ## **Trustees’ Annual Report For the year ending 30 November 2024** The trustees have pleasure in presenting their report together with the financial statements for the year ending 30 November 2024. ## **Reference and Administrative Information** **Charity name** Khumbu Sherpa Project SCIO **Charity no** SC0050559 **Address** Invercauld Road Braemar AB35 5YP **Current Trustees** ## **Structure, Governance and Management** ## **Constitution** The Charity is a Scottish Charitable Incorporated Organisation (a SCIO). It has a single tier structure and as such the trustees are the members of the charity. ## **Appointment of trustees** Trustees may be appointed by way of a resolution by a majority vote at a board meeting. There must be a minimum of three and a maximum of five trustees. ## **Objectives and Activities** ## **Charitable purposes** The aims of the charity are: - To advance culture, arts and heritage in Nepal and the Himalayas, by preserving traditional buildings whose owners cannot afford this preservation, promoting traditional architecture and skills, and improving standards through modern means and training. - To advance environmental protection and improvement in Nepal and the Himalayan mountains. - To prevent or relieve poverty in Nepal and the Himalayan mountains, including through education and support to improve the ability of people living there to earn a living. - To relieve those in need by reason of financial hardship. ## **Achievements and Performance** During the year, fire and rescue training continued in the Khumbu valley. Crash rescue equipment was introduced, with appropriate training, to cover aviation risk at Lukla Airport. Crash rescue training was also given to locals living close to the helipad at Pheriche. This helipad is very busy as it is primarily used as a shuttle transfer for Everest Base Camp. During the year a team of Scottish firefighters travelled to Lukla for refresher training and the recruitment of new personnel. Fire and Rescue equipment donations and access to advantageous cargo arrangements have been critical during the year. First aid training, including CPR and the use of defibrillators, was provided in Khunde with fire and trauma care updates in both Namche and Pheriche. Throughout the Khumbu valley, the charity continues to promote best practice in both stove pipe and gas safety as carbon monoxide issues persist with tragic results. The charity is also attempting to raise funds to engage a full time staff member to work on this problem. Education in building standards continues together with food hygiene training. Financial Review Financial donations continue to be received. Instructors in all areas continue to fund their own international flights. ## **Financial review** The charity continues to receive donations and has settled expenses outstanding from the previous year. This led to an increase in the expenditure during the year. The Trustees are planning to fund raise for future projects. ## **Plans for future period** The Trustees have prepared a five-year plan and are in discussion with potential donors to undertake several projects. One of the projects is a fire station in Lukla, but no expenditure will be committed to until funding is secured. The plan also includes the continuation of gas safety awareness, which is seen as critical. Implementation of a children’s first aid training programme is also planned. The low level of trauma care skill within the community was apparent and is an area to work on in the future. ## **Statement of Receipts and Payments For the year ending 30 November 2024** |**Unrestricted**
**Restricted**
**funds**
**funds**
**Receipts**
Donations
3,850
-
Fund raising
-
-
_____
______
**Total receipts**
**3,850**
**-**
**Payments**
Cost of charitable activities
28,352
-
Family support
4,162
-
Admin costs
569
-
Freight costs
1,411
-
______
______
**Total payments**
**34,494-**
**(Deficit) Surplus for the year**
**(30,644)**
**-**|**2024**
3,850
-
_____
**3,850**
28,352
4,162
569
1,411
______
**34,494**
**(30,644)**|**2023**
2,442
-
_____
**2,442**
5,516
-
-
______
**5,516**
**(3,074)**| |---|---|---| ## **Statement of Balances As at 30 November 2024** |**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
Opening cash at bank
40,198
-
40,198
(Deficit) Surplus for the period
(30,644)
-
(30,644)
______
______
______
**Closing cash at bank**
**9,554**
**-**
**9,554**|**2023**
43,272
(3,074)
______
**40,198**| |---|---| ## **Notes to the financial statements For the year ending 30 November 2024** ## **1 Basis of accounting** These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). ## **2 Nature and purpose of funds** Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the club. ## **3 Donations** |**Unrestricted**
**Restricted**
**funds**
**funds**
Personal
2,000
-
Corporate
1,850
-
_____
_____
**3,850**
**-**|**2024**
**2023**
2,000
2,442
1,850
-
_____
______
**3,850**
**2,442**| |---|---| APPENDIX 1 oscr,- Perbod start date Period end date Month 01 To 2024 Office ofthe S£ottish Charlty Régulator Reference and administration details Chadty nam• Other namM charity is knowTr Khumbu Sherpa Prnjtcl R•gi8tored charity numbor Charlty'• wlnclpal SC 050559 clo Braen¥r Mourtain S￿￿ts Invercwld Ro Bra&nar Postcod6 AB35 SYP Nam04 of tho charty tn*t•rf on dat• al apw)val of Tru•t••8' Annu•l R•port Namo of p•r#on (or body) entfjtl￿ to appolnt tfU•t•• Iir any) Tnmtee name Offlce (If any) Datos acted it noi for whole ymr 10 11 12 13 14 15 16 17 18 19 APPENDIX 1 Reference and administration details Names ol all other charlty trust￿* durlng th• period, rfany. {for exampl•, thox who re•igned part way through th¢ flnanclal porfodl Namo DateB Ifnotfor wlK>l• y Structure, governance and management Type of goyemlng docurn•nt Consl*u150n TnMts• rrfrultment *nd appolntm•nt Objectives and activities Ch•rltabl• purpou• To adVar￿ culkjre. 8rt8 and hantage in Nepal aThJ the Hitr01ayas. by ￿eseN[r trad￿1￿4 buildwus T*tthe w*rs c￿t afford this preservatton, wornolng lraditK￿d architecbre and skills, and impro¥iNJ staThJards through mclem n*8n8 and trainirvJ. To athan¢x environrnerrtal prtle¢tson 8nd mwovernent In Nepal and Ihe Himawan ftN)untsins. To pre¥erii 01 ￿l￿va PDVWty In Nepal and Ihe HirnalaY￿ n￿l￿tan5, i￿l￿d￿jg through educotiorl WKI Jupwl to imprgve the abtsty of ￿910 ￿¥ng Ihor• lo •arn a livin9. To reh8ve th080 in need by reason of finsrtial tord8lYp Summary of the maln activities In rnlation to these objects of our Tru*ees was tn Napal agakn lorsLx tnDrth thls period. The wnpha¥i5 thisyear be￿ on fire safety in th¢ rTrJuntawi8. APPENDIX 1 Achievements and performance Summary of the maln a¢hlevem•nts of t)uriNJ year. fr• and refaje training c4JnlinueAI in Ihe KhUrnI￿ valley. Crash the charfty durlng tho flnanclal poriod rogxJ6 •auipil￿rt wa6 IntrodLh￿d. V*ilh approwtate traintng. to (y)ver aVIat￿n iisk at Lukla AirFOrt. Crash res￿￿ training was also gNen to kds INing dose to the hell￿ at Pherithe. This hell￿￿ i8 very 0$ it is prwnarity used as a shJtNe transfer for Everest Base Camp. thJrirMJ ￿ year a tgam of Scottish firefighter8 trJvd*d to Lukla for refresher training and th• r￿rtrnent of new personnel. Fire have been uilical dLNing the year. Fkst •d tr￿"nO, CPR and the UBe (rfdefibrth*ors. was provided in Khunde wth Ike 8nd trauma Ca￿ updates in brAh Namd)e and Phefiche. Th￿91￿x￿ the Khumbu ¥aHey. the charity ccrfinues to pwmote best pra(*ic8 in t#)th Stove pipe and gas safety as carbon monoxKle issues persist with tragic rgsurts. Tho thanty is atlemptThJ to fuNls lo 8ng8ge a timè 8taff FinarKaal Review Fin￿1￿1 &y￿110n$ ￿ntinue to b& r￿e1v￿j. Ir*trwAorn ￿ all wea8 c£ffllirth to tsir own ￿tema￿lTh1 flNJhts. Financial review Brtef 8tatèm•nl of the charlty'• pollcy The Twustees are satisfied thern ar• •noLYdh rnwve8 to undertake tha agr￿d on ro8erva• Details of any defi¢iQ Donated facllltle8 and 8ervlce8 Ilf any) None APPElItXX 1 Other optional information DeclarailOII 8lgn•d OD b•hall rf th• ch•rfty* InMI••v. Full n*ll￿S Po•ltlon (•JJ. Cl¥lrl CKhiF- PENDLX2 Khumbu Sherpa Project Recei tsand SC050559 OSCR nts accounts Section A Statement of receipts and payments Tatal fvr Yotal Lvt Al R•c Grnnts frcqn frJThYrn nd and bjih R￿l&1r0rn knd & bj￿1 1442 fOtsI 2,442 Grnnii A3 Sub tsX¥ fj.016 Purth•seolin¥e#rnonts A4 tot 5,$18 074 A8Tran•f•rnto l{from)fvnd• Swp1u8lfd￿ for) APPENDN2 Khurnbu She Section 8 stat￿ment ol balalces aPro ect SC050559 7c)r(Is It also i￿lUdeS consideratb)n of any unusual rtéms or disclosures in the accounts and seeks exptanalions from the tnJstÉes cfficèming any sueh matters The pr(￿dureS Undertaken do nd provide al the evbdence that woukl be required in an ￿dit and, consequently. I do not express an a￿Irt Lpin*Jn on the vi** gNon by the accou￿. d•p•nd•nt •xamln•rf* In th• course of my examination, no matter ha$ come to rry 8ttentb)n lothei than that statement diselesed en the 8l*hed page1 1. which gives me rea9)nab￿ ouse to believe that in any matwi81 resp￿ the requirements.. to keep accounting records in accordan￿ with section 4411) (a) of the 2005 Ad and Regulation 4 01 the 20L% Accounts Regulgtions, and to Tyepare ￿Ounts whth accixd with the accountmg T￿OrdS aTrJ compty with Regulatb)n 9 of the 20(6 Acclj￿ts Regulations have not been nrt or 2. lo Wh￿￿, In my opinion, allertc￿ shoukl be dTawn ￿ order ￿ enable a PrO￿r signod: Plame.. Relevant professional qualificationlsl or l)ody (rf any).. Addr•$8: 'Pba50 dB￿le the b foJb)wmg pa￿. APPENDIX 3 Disclosure section Only c(ffnplete rfth8 examiner r￿￿$ to highlKJM m*erial probl*ns. Glvo hore brlef deta118 of any Items that tho examlnor wlshes to d18close