LBU Budget 2017

slideshow 02

  • Our projected budget, below, looks set to rise considerably despite the fact that some of our children are becoming financially independent and leaving LBU. Education costs are rising along with other costs like food and energy. Our spending power has also been hit by the post-Brexit pound’s fall in value against international currencies including the Nepalese Rupee
  • For 2018 our budget is £71,760 and Education costs represent 48% of the total.
  • Child Action Nepal and LBU are unique as we take care of our children until they find financial independence.  Our children are orphans and LBU is their family.
  • We strongly believe in giving our children the opportunity to fulfil their potential.  Some of our children have shown a strong capacity to study and we want to be able to offer them the best possible higher education.
  • At the same time, we have decided to reduce our costs, moved out one of the two houses and are renting a 2 bedroom flat instead.
  • At present CAN is not funded by any major international organisation and is wholly reliant on donations.
  • All CAN’s administrative costs are supported by the trustees.
  • Your donations are important and will benefit the children directly.

 

LBU Budget

Item

In NR

In GBP

%

Food
Children at school in Nepal
Children at college and Uni. in Nepal
Children at Uni. in India
Clothing
Entertainment
Healthcare
Communication
Electricity/Gas/Water/Diesel
Transportation
Salaries
Maintenance
Office
Miscellaneous
Compulsory deposit in Nepal
Annual Rent
Children going abroad for work/ internships

1,050,000
1,625,000
1,500,000
1,142,176
50,000
10,000
400,000
60,000
200,000
180,000
715,000
120,000
50,000
120,000
213,000
1,663,600
230,000

8,077
12,500
11,538
8,786
385
77
3,077
462
1,538
1,385
5,500
923
385
923
1,638
12,797
1,769

11.2%
17.4%
16.1%
12.2%
0.5%
0.1%
4.3%
0.6%
2.1%
2%
7.7%
1.3%
0.5%
1.3%
2.3%
17.9%
2.5%

TOTAL 2018

9,328,776

71,760

100%

 

Click here to see our Sustainability Statement