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2024-12-31-accounts

EDUCATION FOR THE CHILDREN FOUNDATION

ANNUAL REPORT AND ACCOUNTS YEAR ENDED 31[ST] DECEMBER 2024 Charity Registration Number 1099280

www.eftcfoundation.org enquiries@eftcfoundation.org

Principal and Registered Address:

1

52a Rectory Road, West Bridgford, Nottingham, Notts, NG2 6BU

Governance: The Charity is constituted under a trust deed dated 2[nd] October 2017.

Trustees who served during the year of 2024:

Michelle Aitken (Chair) Matt Denman Nimesh Kamath Dougal Powrie Nick Watling

The Board of Trustees meet regularly and twice a year, formally, to discuss policy, strategy and finances. In addition, trustees convene whenever the need arises to advise on matters of urgency. Decisions are made on a majority vote.

Risk Assessment

The risk register is continually updated and discussed at each meeting. The Trustees have assessed the major risks to which the charity is exposed and are satisfied that appropriate systems have been implemented to mitigate exposure to the major risks.

Bank:

Bank of Scotland plc P.O. Box 1000 BX2 1LB

Independent Examiner:

Phil Glyn-Smith (FCA): Whiteacres, Cambridge Road, Whetstone, Leicestershire, LE8 6ZG

This report covers Education for the Children Foundation’s activities in the UK and Guatemala from 1[st] January 2024 to 31[st] December 2024. Education for the Children was formally established on 16 May 2003 and became a registered charity on 4 September 2003. (Registered Charity number 1099280)

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Table of Contents

Page
Chair’s Commentary 4
Educate, Nurture, Empower 5
Highlights month by month 6
School of Hope Staff 7
Results 8
Financial Commentary 9
Independent Examiner’s Report 13
Annual Accounts 2024 14

3

Chair’s Commentary

2024 saw Sophie McKee settle back into the Project Director role and the Guatemalan leadership team worked particularly well together as they matured in their leadership roles. The long term service of these colleagues and their dedication really strengthens the offering to our students and promotes a strong positive and supportive culture within the School.

This year, digital learning platforms were introduced to aid literacy and numeracy and resulted in improvements in the learning for both areas. Recognising that in Guatemala a good command of the English language is important in employability, the English language programme was relaunched after a few years of it only being an optional subject. The increase in grant support for specific programmes that we wanted to develop really helped us to maintain continued growth in areas that could fall by the wayside. Due to the grant success, we have seen improvements in our SENDA support, in our ability to hire a full time Sex Education Coordinator and increase our health prevention campaigns and specialised interventions.This aligns well with our holistic approach which makes the School of Hope students successful in moving onto Higher Education or gaining employment.

In November, graduations from primary and secondary (6th and 9th grade) took place again and we were hugely encouraged by the number of students that graduated and the potential they continue to show. This year we were also able to launch three in-house vocational training courses to spark interest in practical skill areas, help students explore potential small business opportunities, and support them in deciding whether to pursue further training or work in the field. These courses offer a valuable bridge between education and employment, empowering students to take the next step in their professional journey with confidence.

Outside of Guatemala, Sara Miller, our previous Project Director, started the year in her new role as Executive Director of the USA, which has allowed us to really raise our fundraising profile in a region that has great untapped potential for us. She has settled into the role well and is starting to see some key successes within the US.

In the UK, our fundraising focused mainly on grant writing and we are pleased to report on increased success with this. With a smaller team of staff in the UK office, our event fundraising took a lesser role, as new ways of fundraising were explored. There was a very successful online auction held raising as much as our in person events. We believe in offering some key events as they are crucial for raising awareness and long term relationship building, so there definitely won’t be purely online activity! The supporters at events join the wider group of individual sponsors in the UK and Europe, corporate sponsors, trust funds and those who have continued to join us in a range of fundraising activities. For both our grant givers and our individual supporters economic decline has still hit hard and the team have worked hard to mitigate any losses. Our regular sponsorship programme is crucial in ensuring sustainable funding and keeping these supporters engaged is always a key focus. As usual, we prudently fixed our exchange rates and this helped secure our funding at a time when world events may have affected the Sterling/US Dollar rate at any time.

Again, we drew on our volunteers to assist with our events and other business activities. These include Phil Glyn-Smith for the Independent Examination, ensuring the accounts are filed on time, Sophie Morris and Finnuala Brett who gave the UK office additional administrative support. Our gratitude and thanks, once again, is extended to Castlegate Capital Ltd for providing us with heavily subsidised office space and continuing to cover office expenses. Without this support, EFTC would bear significant additional costs, enabling us to pass on more of our supporters' donations to the School of Hope.

The effort that the staff put in to continue our work and to sustain the education of our students is to be congratulated. Resilience and determination of the whole organisation has led to the results in this report.

We also looked forward to our goals for the future development of the Foundation and the School and 2025 will bring a focus on wider fundraising activities to start to put these into place.

Michelle Aitken Chair of Trustees

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Educate. Nurture, Empower Driven by a commitment to equal opportunities, Education for the Children hasworked with thousands of disadvantaged young people and families from the Jocotenango area since 2003. Our Mission Our Vision Driven by a commitment to equal opportunities, the Education for the Children Foundation has worked with young people and families from the Jocotenango area since 2003 to acce55 quality education, nutritiOU5 food, healthcare and social support. Through a highly individuali5ed holistic approach we sLrive to empower young people with the skills and confidence to be successful in their chosen careers. That young people from all backgrounds have the ability to access quality education and opportunities for rewarding employment. Values 4 Pillars Highly individualised approach Long-term commitment Holi5tlC SUPPOrt Community-centred Education Nutrition Healthcare • Social Support

2024 Highlights: Month by Month JANUARY On JèDuaty151h. b%¥tcmed 406 stud•rt• back tothe S¢h•ol ol op• w btyanthyoar IS1je￿I•lth{P Atud•fitsÈnrollod In fu•lber ￿ducatiO￿. e )aiigUfkiÈd Our Ael•rt• lb. a rnilÈsitsn tyoui partner MeTckCroup- FEBRUARY Yhanks to ProJectAww, weoffered an artis¥W b•frw••￿ wwkshopsfoT 10 partiCipants12 Stsy-aE.home mothEYS and 8 schoiaishio STudeNTS On Febiuaty9th.Ouf st￿ntsMb11ced the Carnival (•th• rl4 transf￿rnIng mètsfiak Intostunt)ing COS1￿￿ MARCH On Ma'ch 8lh Our communiiy camÈrtr)Èth@t •m￿l WarnnY Day. ￿noUr1￿ tho JthlevÈmen￿3nd COUfag&olwornen in Cuaternala around t￿￿orIti APRIL wè ra￿n(ho4 tht Nurtur• N•twwk oitrJtammÈ_ Dulino Ouf CthMmuN￿Yw•1k Jur sludenls parlICIpk￿d In a ranoèof inilialiwes li(￿n spenditVJ the to planLrrtJ In a kncal par MAY Vveittsrnta back Sludefft￿ fiOTn Athf￿ Land￿Ar urdv•MW8 cl￿b￿bod 4rtd P￿P1[￿￿ry Edutatlan T•achlttg Pro#r4m. for a day OflearTh￿ and de￿lopT￿ent Th￿VIs￿waS lurther ￿nf￿h￿l ty r￿gener(￿donal10n ol ihe EducaBoxes. which JUNE Dress acirf ￿l￿r￿JTh¢ wtyk1￿1te￿ O¢JrthY g￿¢1¢Ustyd￿a¢ed tyerThJO bea%rtifiJ. hèDd-se•m dresses fofaul giflsfiom Sthgrad•. Th¢ E￿e&to￿ Gre￿P inCuatmala0rgan￿4d lrKTÈd1b￿wOfWshtspS on on Cmail G(xY)￿ DrrtCLassr(KJftL JULY On 19juty.thè h￿d iig T41•htShow.whÈr Ils uthÈnrs£ho￿tx￿1ti￿F S￿11& Each participanl brought thingtrUly4￿&lt0th@staY£ MakirvJ rt a rnernorab onlor AUGUST i Mud¢ntsfini%h¢d th•3rdLryd•£reaiiw beèutifvl momksin th4W art da$￿WhIch￿￿f• displa￿d at th Sc￿￿ •ntranc. SEPTEMBER We Of9anisedt￿ IlatI￿ W••k Mth a VaTiety 0ractivit￿ hxlthin9 I￿ht Th9 of the tfaditional torch, a beautrful asseM￿Yth speaal yeseNaiiQDS aré a mugcal InteryetsiKn oflho naiion¥ anihom perforrfted iih instrLmeni OCTOBER alrAid prov￿ed an intensK%h•rcuttIr¥)<￿￿se¥xy nine pairicipants suc£es¥ultygr•thJèted.. We held gv•du•16•ns¢•r•rMnl•Ato c￿e￿al¢ mtoDesfrom Pi•pa. SI￿ gia(Je and Thirtih graoe. wth stud4nsfamilth% and NOVEMBER Iwringcerernony. TeCOgn￿lng iheir ach￿@M￿nts atr<)Sg ran￿ofaC￿l￿rThc r￿Id ThaThkstOCAW￿ EducaEorsGfOUP. 23 teachers reached a twearniry a certificatlOTh ITh G•n•r￿¥ Al Iw DECEMBER Weorgan￿ ourfifth annual lood driv•. diStfi￿￿1¥)foC hampers ro ensUrea1￿fvl chnsrmasf￿ famil*s fftgreat

The School of Hope The Education Department at E￿C5 School o( Hope provides a safe and nurruring academic environment from kn"ndergarten to 9th grade, ensuring that children from vulnerable backgrounds receNe a holists"c education that addresses academic, emotional. and social development. Throughout 2024. EFTC Guatemak achieved ygnificant milestones across all program areas. Nthile maintaining a dear commitment to student-centered support and ontinuous improvement. The EFfc Team Wh•r d¢$ ¢wr t•am w•rkT 4 new position5 lor 2024 58 Full time employees 81.03% staff retention in 2024 68.8% 31.20/0 FEMALE MALE li

Student Enrollment, Attendance, and Academic Achievement Enrollment We started the schocA year with 270 in primary school 042 girls and 128 boys). and 136 in middle school160 girls and 76 boys). Academic Success The overall pass rate for 2024 was 93.14%, with Primary School achieving 96.6% and Middle School achieving 85_8° Attendanc• Average atiendance raies were 90% in Primary School and 86% in Middle School. demonstrating the strong commitment of students and families. Retention 394 students successfully completed the academic year, resulting in an 97% ¢)verall retention rate198.8% in Primary School and 93.3% in Middle School). Graduations A total of 41 Primary School studÈnts graduated from sixth grade, and 37 Middle School students graduated from ninth grade. Pass Rate 2020 2023 992% 9X 93.NX Retention 2020 2021 9% 5X .9% 9&4%

Financial Commentary

The accounting period runs from 1 January to 31 December 2024 to align with the Guatemalan school year.

The total income raised was £635,596 of which of which £163,712 was restricted and £489,884 was unrestricted.

The main source of unrestricted income for Education for the Children is through the student sponsorship programme and personal donations, as well as some key corporate sponsors who together, in the accounting year to 31 December 2024, raised 47% of the total unrestricted income. This has reduced from 2023’s percentage as we have been much more successful in the grant application activities to charitable trusts and grant givers. This has contributed 24% to unrestricted income. This demonstrates a much stronger and more effective fundraising strategy for 2024. In 2023, we had particularly strong support from an individual supporter who in addition to the continued sponsorship made a one-off generous donation of £300,000.

Event income was lower than 2023 at 4% as new activities were tested to identify the best fundraising to cost activities. The shortfall, against 2023, was made up by success in our grant applications to new and existing charitable foundations.

This income is supported by restricted funds which can be from individuals, corporations or charitable trust grants. Restricted funds were 21% of our total income in this year, which were specific donations from individuals and corporations. 2024 started with the boost of £125,000 from a regular grant giver, St. James’s Place Foundation, as well £120,000 from the Foundation for Education to improve Family Planning (FEFP) who were new to us in 2023. It is encouraging to see that these grant givers continue support and increase their support. We also received generous support from the Paquita Filby Trust who are also regular supporters.,

9

Our fundraising costs decreased in 2024 as our main fundraiser was on maternity leave and we only hosted one in person event. In 2024, the UK office was staffed by an equivalent of 2 full time positions by 3 staff members, one full and two part time.

Education for the Children took action again in 2024 to avoid currency fluctuations having an impact on finances in Guatemala by forward buying of the US dollar and setting the annual budget figures based on this rate.

The amount spent to support the education and welfare provision at the School of Hope was £681,692 of the total charity expenditure. The School always works hard to ensure that they provide the best provision possible with limited funds.

Due to a delay in payment from a major donor for a short period, it was necessary to take out a short term loan as can be seen in the Cash flows and note 6. This was repaid in full in early 2025.

Education for the Children holds no investments in the charity name and makes no income from any endowment funds.

At the end of December 2024, reserves were £137,462, which meets the reserves policy of the Foundation and is considered acceptable.

Reserves Policy

The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure. The Trustees consider that this level will provide sufficient funds to maintain our services and ensure that support

10

and governance costs are covered. Clearly, this year has, again, been difficult due to a variety of economic pressures in the UK and the reserves fell to below this level at certain times. A subcommittee of Trustees continues to monitor financial planning, including currency and cash flow management.

Arrangements for Setting Pay and Remuneration

Pay and Remuneration is set by the Trustees in the UK and by the Foundation Director in Guatemala after guidelines issued by the Trustees.

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INDEPENDENT EXAMINER’S REPORT

Report to the trustees of Education for the Children Foundation (Charity Reg No 1099280) on accounts for the year ended 31[st] December 2024.

Set out on pages: 14 -23

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

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

  1. Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. The accounts do not accord with those records; or

  3. The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Name: Philip Anthony Glyn-Smith October 3rd, 2025 Relevant professional qualification(s) or body: FCA

Address: Whiteacres, Cambridge Road, Whetstone, Leicestershire, LE8 6ZG

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STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR 1 JANUARY
2021 to 31 DECEMBER 2024
CharityNo. 1099280
Unrestricted
Funds
1/1/2024 to
31/12/2024		 Restricted
Funds
1/1/2024 to
31/12/2024		 Total Funds
1/1/2024 to
31/12/2024		 Year to
31/12/23
Notes £ £ £ £
Income from:
Child Sponsorships and
Donations		 2 304,746 24,244 328,990 647,479
Grants Received 2 156,000 139,468 295,468 123,312
Fund RaisingEvents 2 29,138 0 29,138 65,869
Bank Interest -
-
Total Income 489,884 163,712 653,596 836,660
Expended on:
RaisingFunds 2,3 115,412 115,412 167,439
Education and Welfare
Provision in Guatemala		 4 517,767 163,925 681,692 514,357
- - -
Total Expenditure 633,179 163,925 797,104 681,796
Net Movement in Funds (143,295) (213) (143,508) 154,864
Reconciliation of
Funds:
Total Funds Brought Forward 280,757 213 280,970 126,106
Total Funds Carried Forward 137,462 0 137,462 280,970

13

Balance Sheet

----- Start of picture text -----
As At 31 December 2024
As at As at
31/12/2024 31/12/2023
Notes £ £
Current assets
Debtors 5 109,649 25,000
Cash at bank and in hand 7 131,176 275,122
Total current assets 240,825 300,122
Current Liabilities Due within one year 6 103,363 4,952
Net current assets/(liabilities) 137,462 295,170
Total assets less current liabilities 137,462 295,170
6 0 14,200
Deferred income - Annual Sponsorship received in
advance to be paid to the school in future years
Total net assets or liabilities 137,462 280,970
Funds of the Charity 8
Restricted income funds 213
Unrestricted funds 137,462 280,757
Total funds 137,462 280,970
Print Name Date
----- End of picture text -----

Signed by one or two Trustees on behalf of all the Trustees

----- Start of picture text -----
Michelle
Aitken 23/09/25
----- End of picture text -----

14

STATEMENT OF CASH FLOWS

For Year 1 January 2023 to 31 December 2024

Net Cash used in Operating Activities
Cash Flows from Investing Activities
Interest and Dividends
Net Cash Provided By Investing Activities
Change in Cash and Cash Equivalents in the Year
Cash and Cash equivalents brought forward
Cash and Cash equivalents carried forward		 Total
Funds
2024
£
-143,946
-
-143,946
275,122
131,176		 Prior Year
2024
£
200,334
- -
-143,946 200,334
275,122 74,788
131,176 275,122

Reconciliation of Net Movement in Funds to net cash flow from operating activities

Net Movement in Funds
Deduct Interest shown in Investing Activities
Decrease (increase) in Debtors
Increase (decrease) in Creditors
Net Cash Used in Operating Activities		 31/12/2024
£
-143,508
-84,649
84,211
-143,946		 31/12/2024
£
-143,508 154,864
-84,649 70,427
84,211 (24,957)
-143,946 200,334

15

Note 1

ACCOUNTING POLICIES

(a ) Basis of preparation and assessment of going concern

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. The trust constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern.

(b) Funds Structure

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. There is one permanent restricted fund held for monetary gifts from a child's sponsor for the purchase of clothing, additional books and studying material, health care and in some cases improvements to their living conditions at home. When large grants are received for a specific purpose a separate restricted fund is raised.

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a specific purpose.

(c) Income Recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants and Donations that are subject to terms and conditions are treated as Deferred Income until it is probable that the terms and conditions can be met.If the conditions are not wholly within the control of the charity it will be disclosed as a contingent asset.

Donated Services provided by Castlegate Capital Ltd to the Charity are not reasonably quantifiable, measurable or material, but the scope of the support is mentioned in the Trustees' Annual Report.

Volunteer Help received is not included in the accounts, but is described in the Trustees' Annual Report.

Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid received on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or terms of the appeal have specified otherwise.

(d) Expenditure Recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

16

Support costs. Office staff costs are the major component of Support Costs. As such Support Costs have been apportioned on a time spent basis. Where direct costs have arisen when staging events, these have been charged against the particular event.

Governance Costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs have been allocated to Governance costs where applicable.

Deferred Income arises from child sponsorships paid annually and apportioned on a monthly annual basis from the date of receipt. The deferred income is carried forward as a liability within Creditors on the balance sheet. See note 6.1.

(e) Assets

Tangible Fixed Assets are capitalised if they can be used for more than one year, and cost at least £1,500. They are valued at cost.

(f) Foreign Currencies

Transactions in currencies other than pounds are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation are included in net income/expenditure for the period.

The company uses foreign currency forward contracts in order to mitigate the impact of exchange rate fluctuations. These contracts are recognised at fair value with gains and losses being included in net income or expenditure for the period.

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Notes to the Accounts

Note 2

Analysis of Income and Costs

FOR THE YEAR 1 JANUARY to 31 DECEMBER 2024

Analysis Analysis Unrestricted
funds income
year to to
31/12/2024
Restricted
income
funds year
to 31/12/24
Total funds
for year to
31/12/2024
£
£
£		 Unrestricted
funds income
year to to
31/12/2024
Restricted
income
funds year
to 31/12/24
Total funds
for year to
31/12/2024
£
£
£		 Unrestricted
funds income
year to to
31/12/2024
Restricted
income
funds year
to 31/12/24
Total funds
for year to
31/12/2024
£
£
£		 Unrestricted
funds income
year to to
31/12/2024
Restricted
income
funds year
to 31/12/24
Total funds
for year to
31/12/2024
£
£
£		 Unrestricted
funds income
year to to
31/12/2024
Restricted
income
funds year
to 31/12/24
Total funds
for year to
31/12/2024
£
£
£		 Unrestricted
funds income
year to to
31/12/2024
Restricted
income
funds year
to 31/12/24
Total funds
for year to
31/12/2024
£
£
£		 Prior year
31/01/2023
to
31/12/2023
£		 Prior year
31/01/2023
to
31/12/2023
£
Donations
Fund
Raising
Events
Investment
Income
TOTAL
INCOME
EXPENDED
ON:-		 Child Sponsorships 143,052 143,053





175,693
Donations Received Directly 123,899 24,244 148,143 421,976
Gift Aid 37,794 37,794 49,810
Just Giving/Virgin Money - - -
Sub Total 304,746 24,244 328,990 647,479
Grants from other Charitable Foundations 156,000 139,468 295,468 123,312
Other - - -
Total Income from Child Sponsorships and
Donations
Net Income from Child Sponsorships and Donations		 460,746 163,712 624,458 770,791
460,746 163,712 624,458 770,791
- - -
Golf Day 9,643 - 9,643 12,443
Auction 9,299 - 9,299 42,132
- -
Other (Community income, Christmas Campaign) 10,196 - 10,196 11,294
Total Income From Fund Raising Events
Net Income From Fund Raising Events		 29,138 - 29,138 65,869
29,138 0 29,138 25,970
- - -
Total
Direct Costs of Staging Events
Office Support Costs		 - - - -
489,884 163,712 653,596 796,761
(2,606) (2,606) 0
(104,975) (104,975)
Adjusted: Support Costs are not charged to Restricted
Funds		 (7,831) (7,831) 0
Sub-Total of Costs 0 (127,541)
(115,412) 0 (115,412) (127,541)
Education and Welfare provision in Guatemala (517,767) (163,925) (681,692) (514,357)
N.B. Net Movement in Funds (as per SoFA) (143,295) (213) (143,508) 154,863
As most of the Office Support Costs are staff salaries, all support costs have been apportioned on a n hours
worked basis

18

NOTES TO THE ACCOUNTS

Note 3

STAFF COSTS and BENEFITS

3.1 Staff Costs

Salaries and wages
Social security costs
Pension costs (defined contribution scheme)
Other employee benefits
Total staff costs		 1/1/2024 to
31/12/2024
£		 1/1/2023 to
31/12/2023
£
47,060
63,083
3,559
12,549
12,861
59,609
79,503

3.4 Average head count in the year

2024
Number		 2023
Number
2.0 3.0

3.5 The costs of the Defined Contribution Pension Scheme are included in Note 2’s

Support Costs and have been apportioned between activities on an hours worked basis. No pension costs have been allocated to restricted funds.

19

Notes to the Accounts

Note 4

Grantmaking

4 Analysis of grants paid (included in cost of charitable activities)

Grants to institutions 1/1/2023 to
Analysis 1/1/2024 to 31/12/2024 31/12/2023
£ £
Funding for School and Family
Welfare 681,692
514,357
Total 681.692
514,357

N.B The charity does not identify and/or allocate support costs.

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Notes to the accounts Notes 5, 6 and 7 Debtors and Creditors

5 Analysis of debtors

Trade debtors Prepayments and accrued income Other debtors Total

This
period
£		 Last year
£
- -
109,649 25,000
109,649 25,000

6 Analysis of creditors

Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for
contracts or performance-related
grants
Deferred income
Taxation and social security
Other creditors
Total		 Amounts falling due Amounts falling due Amounts falling due
after		 Amounts falling due
after
within oneyear **more than one year **
This
period
£		 Last year
£		 This
period
£		 Last year
£
- - - -
100,000 - - -
- - - -
- - - -
3,080 3,870 14,200
- - - -
283 1,082 - -
103,363 4,952 14,200

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6.1 Deferred income

Some child sponsors pay annually and this is apportioned on a monthly annual basis from the date of receipt.

Movement in deferred income account
Balance at the start of the reporting
period
Amounts added in current period
Amounts released to income from previous periods
Balance at the end of the reporting period
7 Cash at bank and in hand
Short term cash investments (less than 3 months maturity date)
Short term deposits
Cash at bank and in hand
Other
Total
This
period
£		 Last year
£
18,070 43,798
3,080 11,998
(18,070) (13,730)

3,080
18,070
This
period
£		 Last year
£
- -
- -
6,757 150,703
124,419 124,419
131,176 275,122

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Note 8
Charity Funds		 Note 8
Charity Funds		 Note 8
Charity Funds		 Note 8
Charity Funds		 Note 8
Charity Funds		 Note 8
Charity Funds		 Note 8
Charity Funds		 Note 8
Charity Funds		 Note 8
Charity Funds		 Note 8
Charity Funds
8.1 Details of material funds held and movements during the CURRENT reporting period 1/1/2024 to 31/12/2024
Fund names Type of Fund Purpose and Restrictions Fund balances
brought forward		 Income Expenditure Transfers Gains and
losses		 Fund balances
carried forward
£ £ £ £ £ £
Unrestricted Fund Unrestricted Main Fund for providing
Welfare		 280,757 489,884 (633,179) - - 137,462
Donations from Trusts Restricted - 24,244 (139,850) - 115,606
-
Gifts from sponsors Restricted Monetary gifts for the
purchase of clothing, books,
pay for health care, improve
living conditions at home.		 213 139,468 (24,075) 115,606
Restricted - - -
Total Funds 280,970 653,596 - 797,104 - - 137,462
8.1 Details of material funds held and movements during theprevious reporting period 1/1/2023 to 31/12/2023
Fund names Type of Fund Purpose and Restrictions Fund balances
brought forward		 Income Expenditure Transfers Gains and
losses		 Fund balances
carried forward
£ £ £ £ £ £
Unrestricted Fund Unrestricted Main Fund for providing
Welfare		 115,452 583,582 (418,277) - - 280,757
Donations from Trusts Restricted 9,919 91,312 (101,231) -
Gifts from sponsors Restricted Monetary gifts for the
purchase of clothing, books,
pay for health care, improve
livingconditions at home.		 735 161,766 (162,288) 213
Restricted - - -
Total Funds 126,106 836,660 (681,796) - - 280,970

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