Dolma Foundation

	Page
Reference and Administrative Details	1
Trustees' Report	2
Independent Examiner's Report	3
Statement of Financial Activities (including Income and Expenditure Account)	4
Comparative Statement of Financial Activities (including Income and Expenditure Account)	5
Statement of Financial Position	6—7
Notes to the Financial Statements	8—12

The trustees present their report and the financial statements for the year ended 31 January 2026.

Structure, Governance and Management

Governing Document

The Charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by gaurantee, as defined by the Companies Act 2006.

Statement of Trustees' Responsibilities

The trustees (who are also the directors of Dolma Foundation for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statement unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charity SORP;
make judgments and accounting estimates that are reasonable and prudent; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charitable company and to enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The trustees' report was approved by the board of trustees and signed on its behalf by:

Mr Timothy Edward Gocher

Trustee

29th June 2026

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Dolma Foundation

Independent Examiner's Report to the Trustees of Dolma Foundation

For The Year Ended 31 January 2026

Independent Examiner's Report to the Trustees of Dolma Foundation

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2026.

Responsibilities and Basis of Report

As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Drishti Khandelwal

29th June 2026

AMS ADMIN SERVICES LTD

116 High Street
Epping
Essex
CM16 4AF

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Dolma Foundation

Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 January 2026

Statement of Financial Activities (including Income and Expenditure Account)

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
	Notes	£	£	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies	3	44,948	22,503	67,451	162,765

EXPENDITURE ON:
Charitable activities	4	(50,736 )	(14,062 )	(64,798 )	(178,043 )

NET INCOME/(EXPENDITURE)		(5,788 )	8,441	2,653	(15,278 )

Transfers between funds	10	8,441	(8,441 )	-	-

NET MOVEMENT IN FUNDS		2,653	-	2,653	(15,278 )
RECONCILIATION OF FUNDS:
Total funds brought forward		29,444	-	29,444	44,722

TOTAL FUNDS CARRIED FORWARD	10	32,097	-	32,097	29,444

The notes on pages 8 to 12 form part of these financial statements.

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Dolma Foundation

Comparative Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 January 2026

Comparative Statement of Financial Activities (including Income and Expenditure Account)

				2025
		Unrestricted funds	Restricted funds	Total funds
	Notes	£	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies	3	42,266	120,499	162,765

EXPENDITURE ON:
Charitable activities	4	(60,821 )	(117,222 )	(178,043 )

NET (EXPENDITURE)/INCOME		(18,555 )	3,277	(15,278 )

Transfers between funds	10	3,277	(3,277 )	-

NET MOVEMENT IN FUNDS		(15,278 )	-	(15,278 )
RECONCILIATION OF FUNDS:
Total funds brought forward		44,722	-	44,722

TOTAL FUNDS CARRIED FORWARD	10	29,444	-	29,444

The notes on pages 8 to 12 form part of these financial statements.

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Dolma Foundation

Statement of Financial Position

As At 31 January 2026

Statement of Financial Position

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	8	-	-	-	1,306
Cash at bank and in hand		39,241	-	39,241	36,563

		39,241	-	39,241	37,869
Creditors: Amounts Falling Due Within One Year	9	(7,144 )	-	(7,144 )	(8,425 )

NET CURRENT ASSETS (LIABILITIES)		32,097	-	32,097	29,444

TOTAL ASSETS LESS CURRENT LIABILITIES		32,097	-	32,097	29,444

NET ASSETS		32,097	-	32,097	29,444

FUNDS OF THE CHARITY
Unrestricted Funds				32,097	29,444

TOTAL FUNDS	10			32,097	29,444

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Dolma Foundation

Statement of Financial Position (continued)

As At 31 January 2026

For the year ending 31 January 2026 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr Timothy Edward Gocher

Trustee

29th June 2026

The notes on pages 8 to 12 form part of these financial statements.

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Dolma Foundation

Notes to the Financial Statements

For The Year Ended 31 January 2026

Notes to the Financial Statements

1. General Information

Dolma Foundation is a company limited by guarantee, incorporated in England & Wales, registered number 06040911 and registered charity number 1150624 . The registered office is 1 Chadwick Road, Westcliff-On-Sea, England, SS0 8LS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements 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 Companies Act 2006.

The charitable company is a Public Benefit Entity as defined by FRS 102.

2.2. Incoming Resources

Donations and gifts £44,948

Grants £22,503

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% reducing balance

2.4. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

3. Income from Donations and Legacies

			2026	2025
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	£	£	£	£
Donations and gifts	44,948	-	44,948	31,864
Gift aid	-	-	-	10,402
Grants	-	22,503	22,503	120,499

	44,948	22,503	67,451	162,765

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Dolma Foundation

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Analysis of Expenditure

			2026
	Activities undertaken directly	Support costs (see note 5 )	Total
	£	£	£
Support costs	1,447	7,761	9,208
School fees	22,015	-	22,015
Promoting Access to Equity Capital in the Renewable Energy Sector of Nepal	17,163	16,412	33,575

	40,625	24,173	64,798

			2025
	Activities undertaken directly	Support costs (see note 5 )	Total
	£	£	£
Support costs	6,228	11,861	18,089
School fees	21,591	-	21,591
Promoting Access to Equity Capital in the Renewable Energy Sector of Nepal	129,207	9,156	138,363

	157,026	21,017	178,043

5. Support Costs

			2026
	Support costs	Promoting Access to Equity Capital in the Renewable Energy Sector of Nepal	Total
	£	£	£
Premises expenses	3,007	-	3,007
General administration	4,754	16,412	21,166

	7,761	16,412	24,173

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Dolma Foundation

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

			2025
	Support costs	Promoting Access to Equity Capital in the Renewable Energy Sector of Nepal	Total
	£	£	£
Premises expenses	3,901	-	3,901
General administration	7,960	9,156	17,116

	11,861	9,156	21,017

6. Average Number of Employees

Average number of employees during the year was: NIL (2025: 1)

7. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 February 2025	1,299

As at 31 January 2026	1,299

Depreciation
As at 1 February 2025	1,299

As at 31 January 2026	1,299

Net Book Value
As at 31 January 2026	-

As at 1 February 2025	-

8. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	-	1,306

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Dolma Foundation

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

9. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	-	352
Other creditors	5,069	6,023
Accruals and deferred income	2,075	2,050

	7,144	8,425

10. Movement in Funds

	As at 1 February 2025	Income	Expenditure	Transfers	As at 31 January 2026
	£	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	-	-	(28,722)	-	(28,722)
General	29,444	44,948	(22,014)	-	52,378
Unrestricted	-	-	-	8,441	8,441


Total unrestricted funds	29,444	44,948	(50,736 )	8,441	32,097


Restricted funds
Restricted	-	22,503	(14,062 )	(8,441 )	-


Total funds	29,444	67,451	(64,798 )	-	32,097

	As at 1 February 2024	Income	Expenditure	Transfers	As at 31 January 2025
	£	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	44,722	42,266	(60,821 )	3,277	29,444
Restricted funds
Restricted	-	120,499	(117,222 )	(3,277 )	-


Total funds	44,722	162,765	(178,043 )	-	29,444

11. Transactions with Trustees

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Dolma Foundation

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.

During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:

	2026	2025
	£	£

12. Related Party Disclosures

There were no related party transactions during the year (2025: £0).

13. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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Trustees	Mr Ashley David Scott Smith
	Mr Daniel Gurung Gocher (appointed 11/06/2025)
	Mrs Elizabeth Mary Gocher
	Mr Timothy Edward Gocher
	Mr David Peter Stanley


Secretary	Ashley David Scott Smith

Charity Number	1150624

Company Number	06040911

Registered Office	1 Chadwick Road
	Westcliff-On-Sea
	England
	SS0 8LS

Independent Examiner	Drishti Khandelwal
	AMS ADMIN SERVICES LTD
	116 High Street Epping Essex CM16 4AF