LBU Budget 2017

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  • 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 2021 our budget is around £50,000 (Eur 57,500) and Education costs represent 45% 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.
  • The rent is increasing every year by 5-10%, but it is important for the children to be in central Kathmandu so that they are not more than 1 hour away from their school or college. College or University students often have courses starting at 6.00 am or 7.00 am.
  • 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
Clothing (1)
Entertainment
Healthcare
Communication
Electricity/Gas/Water/Diesel
Transportation
Salaries
Maintenance
Office/Admin
Miscellaneous
Annual Rent

1,000,000
3,600,000
50,000
200,000
300,000
60,000
200,000
200,000
680,000
90,000
30,000
60,000
1,503,586

6,000
21,600
300
1,200
1,800
360
1,200
1,200
4,080
540
180
360
9,030

13%
45%
0.6%
2.5%
3.7%
0.7%
2.5%
2.5%
8.5%
1%
0.4%
0.7%
18.9%

TOTAL

7,973,586

47,850

100%

(1) Mostly school uniforms as most clothes are donated
NB Excludes the Compulsory Deposit of the Social Welfare Council (NPR 193,000)

Click here to see our Sustainability Statement