The objects of the Company are to carry out activities which benefit the community and in particular (without limitation) to: -Train economically and socially disadvantaged mothers in Bangladesh to draw on their cultural heritage by using their existing 'kantha' embroidery skills to create products that are marketable in the UK and other high-income countries; -Partner with the economically and socially disadvantaged mothers to create handstitched, 'kantha'-based textile products made from reclaimed, repurposed and reused - and otherwise ethically-sourced - cotton, thereby empowering them to earn sustainable incomes, which enable them to provide for their children with dignity and break the inter-generational transmission of poverty, in a way that is compatible with social norms, and household and childcare responsibilities; -Promote environmental wellness through employing circular economy principles of 'reclaim, repurpose and reuse' in production. In the financial year ending in July 2025, we were again unable to train and onboard any more mothers, due to limited sales. However, we provided 336.5 hours of work to the three mothers we did partner with (Anufa, Shahanaj and Shila), in addition to 340 hours of work to our Head of Production, Rowsa, who is also a mother of two young children. The total hours of work provided to mothers was therefore 676.5 hours, which compares positively with the 238.5 hours in the previous financial year. During the financial year ending in July 2025, we calculated the following in terms of environmental impacts from our production and shipping: -We saved approximately 94kgCO2e from reclaiming, repurposing and reusing deadstock cotton rather than using new cotton to line our products; approximately 65kgCO2e from repurposing secondhand saris in our packaging, rather than using new saris; approximately 0.262kgCO2e from using recycled paper in our packaging inserts; and approximately 4.16kgCO2e from sourcing recycled envelopes from a carbon neutral supplier. -We saved 27 cubic metres of blue water from using deadstock fabric (equivalent to 27,000 litres, or approximately 150 baths) and 14.88 cubic metrics of blue water (equivalent to 14,880 litres, or nearly 83 baths) from repurposing secondhand saris.

The company's primary stakeholders are the mothers in Bangladesh who create our products. During the financial year ending 31st July 2025, we consulted with them (via our Dinajpur-based Head of Production and Head of Operations) on the issue of whether to close down Khushi Kantha, giving the extent to which we have been struggling with sales, which meant we weren’t able to provide sustainable income generation opportunities to the mothers we partner with. As per the asset lock clause in our Articles of Association, we explored the possibility of donating our remaining assets (mainly unused fabric) to another social enterprise with a similar mission, Shakti.ism (named in our asset lock clause), who indicated that they could accept and use the fabric, and splitting the money left in the company bank account between our stitchers. However, the mothers instead preferred to use the fabric to create a final collection of products (for which they received a piece rate) to try and sell (this is how the hours of work cited in Part 1 were generated) – so this is what we did. The collection was created between February and May 2025.

No remuneration was received

No transfer of assets other than for full consideration