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2025-06-30-accounts

REGISTERED COMPANY NUMBER: 04789322 (England and Wales) REGISTERED CHARITY NUMBER: 1099685

Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 June 2025

for

Wings of Hope

Williams Chartered Accountants Jade House

67 Park Royal Road London NW10 7JJ

Wings of Hope

Contents of the Financial Statements for the Year Ended 30 June 2025

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 13
Independent Examiner's Report 14
Statement of Financial Activities 15
Balance Sheet 16 to 17
Notes to the Financial Statements 18 to 23
Detailed Statement of Financial Activities 24

Wings of Hope

Reference and Administrative Details for the Year Ended 30 June 2025

TRUSTEES

Prof Lord Bhikhu Parekh Dr R Sri Ram PhD FRSA Mrs Rajni Sriram FRSA

REGISTERED OFFICE

Supreme House 12 Iron Bridge Close Great Central Way Neasden London NW10 0UF

REGISTERED COMPANY 04789322 (England and Wales) NUMBER

REGISTERED CHARITY 1099685 NUMBER

INDEPENDENT EXAMINER Williams Chartered Accountants Jade House 67 Park Royal Road London NW10 7JJ

Page 1

Wings of Hope

Report of the Trustees for the Year Ended 30 June 2025

The trustees, of which Mrs R Sriram and Dr Sri Ram are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2025. The trustees have adopted the provisions of 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 2015).

Organisational structure

The power to appoint new trustees is vested in the current Board.

The Chair of Trustees is responsible for the induction of new trustees. This process includes raising awareness of trustee responsibilities, the governing document, administrative procedures, and the history and philosophical approach of the charity.

Trustees meet periodically throughout the year to determine which charitable initiatives and projects will receive support.

OUR MISSION

We believe that young people have the power to change the world for the better.

Wings of Hope Children's Charity was founded upon, and continues to operate through, three core pillars:

  1. Life Skills and Education

  2. Young People and Children

  3. International Development Fostering Global Kinship and Sustainable Living

We believe that when young people are equipped with the right guidance, skills training, and a holistic education, they can become enablers of positive change within their communities, workplaces, countries, and the wider world.

Life skills extend beyond core academic subjects and focus on qualities and mindsets that support individuals in navigating personal, professional, and societal challenges. Nevertheless, we recognise that core academic subjects-such as literacy, numeracy, the arts, and science-remain essential, particularly for underprivileged children worldwide.

We also believe in global citizenship. By connecting young people across different backgrounds, religions, sexual orientations, races, and countries, we can foster a shared sense of global kinship, leading to a more enriched, stable, and peaceful world.

Furthermore, it is critical that current and future generations understand the importance of environmental stewardship-learning to coexist with nature and protect biodiversity for the long-term wellbeing of both people and the planet.

Page 2

Wings of Hope

Report of the Trustees for the Year Ended 30 June 2025

OBJECTIVES AND ACTIVITIES

OBJECTIVES AND ACTIVITIES FOR PUBLIC BENEFIT

  1. Deliver the Wings of Hope Achievement Award Programme for young people aged 14-20 in the UK

  2. Fundraise to support free education and educational provision for children in impoverished circumstances globally, with a current focus on India and Malawi

  3. Provide ongoing life skills training for young people participating in our programmes worldwide

  4. Work with education partners, parents, guardians, and communities to support the development of responsible global citizens

ACTIVITIES

Wings of Hope Achievement Award (WOHAA)

As a UK-registered charity, our primary focus is to engage young people aged 14-20 from diverse backgrounds across the UK and Europe. Through the Wings of Hope Achievement Award (WOHAA), participants develop essential life skills, including confidence, leadership, resilience, social responsibility, organisation, digital capability, and community awareness.

Over the past 21 years, approximately 40,600 students from more than 608 schools have participated in the programme.

WOHAA enables young people to design and deliver socially driven enterprise projects within their local communities. These projects range from fundraising for international education initiatives to local community engagement activities involving elderly residents, schools, environmental projects, and inclusive initiatives.

Key features of the programme include:

The programme has been developed and refined over two decades through collaboration with educators, mentors, community leaders, professionals, and young participants. It is designed to be engaging, challenging, and rewarding, while prioritising participant welfare and development.

A distinctive feature of WOHAA is that it empowers students to lead their own projects creatively, supported by trained mentors and professionals. The model continues to evolve to address contemporary priorities such as social cohesion, digital empowerment, wellbeing, and sustainability.

The "Win-Win" Model

Overall Benefits to the Public

Page 3

Wings of Hope

Report of the Trustees for the Year Ended 30 June 2025

Administration

The charity remains committed to minimising overhead costs. Many programmes are delivered through volunteers, funded internships, and unpaid senior advisors.

Given the importance of in-person engagement, a significant number of events are organised to deliver our objectives. We work closely with partners and suppliers who provide discounted or pro bono services, including venue hire, digital platforms, printed materials, and catering.

Volunteer mentors play a crucial role in supporting young people through workshops, mentoring sessions, work placements, and educational opportunities.

International projects are carefully monitored through trusted local educational professionals. Funding is allocated only following thorough assessment processes, including cost analysis, risk evaluation, and impact measurement. Trustees and patrons regularly visit these projects.

As we scale our activities, enhancing our digital presence remains a priority. We are grateful for the support received from Supreme Creations Ltd in upgrading our website and database systems.

We continue to seek support from private donors, corporate partners, and grant-making bodies to sustain and expand our work.

In addition, we aim to strengthen our focus on environmental engagement, encouraging young people to take active roles in sustainability initiatives. We are actively seeking partnerships with organisations to support activities such as tree planting, reducing single-use plastics, and promoting responsible resource use.

Page 4

Wings of Hope

Report of the Trustees for the Year Ended 30 June 2025

ACHIEVEMENTS AND PERFORMANCE

The Wings of Hope Achievement Awards (WOHAA) - positive impact in numbers this years

WOHAA Accelerator Day

This workshop was held at London Business School to introduce WOHAA and project management into Bite size modules, so that the students could understand what is required of them.

Skills workshops

WOHAA Speed Mentoring

This flagship much awaited and popular event was held at the great hall of London Business School. Young professionals from over 24 different industries were present to give valuable and transparent advice about different degrees and career paths to choose. About 105 students attended the event a few of them even from year 8. Some of the industries covered were Architecture, Accountancy, Business (Entrepreneurship), Computer Science and AI, Dentistry, Engineering , Logistics, Medicine, Academia, studying in America, Fashion, Sports, Pharmacy and Oxbridge.

WOHAA Semi Finals

These were held at the House of Lords, where students presented to an esteemed panel of judges from politics, large scale businesses, E-commerce and also community champions.

A large number of volunteers supported this whole day event.

WOHAA Finals

We held the Award ceremony where student winners are handed over trophies at the prestigious venue of London Business School. The hall was packed with families of the all participants and teachers from some of the participating schools also attended. Many Alumni volunteered at this event.

WOHAA SKILLS TRACKER

The WOHAA skills tracker which was launched five years ago, continues to provide a qualitative and quantitative basis to measure student progress of skills. The results are published below. The methodology was based on research into what soft skills students would most benefit from in their later lives (working and non-working) whilst also benefiting their WOHAA experience directly. All participants self-assessed themselves before and after the programme on a 20-point scale which are summarised below.

Page 5

Wings of Hope

Report of the Trustees for the Year Ended 30 June 2025

Overall the students self-assessed their skills and noted that after undertaking the WOHAA programme they saw a positive increase in their skills on most or all of the 20-skills tracked.

WOHAA Student Events

From mid-September 2024, mentoring of all groups of students were held on a regular basis by the Wings of Hope team as well as volunteers of mature students(Masters & PhD) from London Business School, Kings College London & University of Reading. Our team taught them how to manage projects by going through the Who, What, How, Where, Why and When model. Effective team communication, marketing, leadership styles, how to be sustainable during your project, and how to manage money in the projects. Students learnt a lot from these sessions and were asked to report back on a regular basis with their mentors.

WOHAA rewards endeavour, creativity, and determination. There are 6 awards which are presented to students, with the overall winning team/ individual being able to have an expenses-paid trip to visit and teach at the school in India.

This year we had a variety of projects conducted as live events and some conducted online.

These included : o Cricket matches

o Christmas Fair Stalls

o Golf tournaments

o Travelling on the entire network of the London Underground on all Lines

o Monopoly walks and all London bridges walks

o Musical performances

o Football matches o Selling ice creams every lunch time at school

Surveys, and Metrics Gathered

Would you recommend WOHAA to your friends? 9 out of 10 would recommend WOHAA to their friends

Many students said that they would love to take part again in WOHAA

Skills learnt during their programme :

Page 6

Wings of Hope

Report of the Trustees for the Year Ended 30 June 2025

Why did participants take part in WOHAA?

TEACHER TESTIMONIALS

Name Mrs. Lucy Ryckaert
Team Chocolate Strawberries
School City of London Freeman's School
Quote One commendable moment was their innovative approach to overcoming logistical challenges
during their ice cream sale. Not having access to a freezer meant that they had to organize a team of
runners to transport them to the sale location using cooler bags! Their resilience, adaptability and
creativity were evident throughout their WOHAA journey
Name Yesim Albay
Team Seraphines
School Oasis Academy, Hadley
Quote Throughout the process, the growth and development of each student has been remarkable. They
evolved into confident speakers. They showed maturity and initiative by reaching out to public
figures such as Feryal Clark MP, and by connecting with the Enfield Rotary club.
Name Michelle Blair
Team Hope's Advocates
School The Malling School
Quote This team of three, whom I have had the privilege of teaching, has consistently shown their deep
commitment to creating a meaningful change in their community. I am confident that the dedication,
leadership and perseverance they have demonstrated, will serve them well in all future endeavours.
Name Abi Da Rocha
Team Sizzling Sausages
School Mount House
Quote It has been a genuine privilege to support this team of a group of 6 Year 8 boys.
Starting out as 12-13 year olds, these young students have grown tremendously. Not only in
maturity but character, resilience and empathy. They developed invaluable life skills - from
financial literacy and teamwork to effective communication and leadership. It is rare to come
across a group of students so driven, genuine and so willing to go that extra mile for others.
Name Mrs. Tracey O'Brian, Headteacher
Team Pandora's Box
School Wallington High School
Quote Safa is completing WOHAA as a solo participant and her efforts have been outstanding. Through
running seven events, including her stationery sale, Winter and Spring fairs, bake sales, and 6
community action projects, like baking for care home residents, making food parcels for refugees,
volunteering at school for the Jack Petchey finals - her work demonstrates a strong sense of
community responsibility.

Page 7

Wings of Hope

Report of the Trustees for the Year Ended 30 June 2025

PARENT/ GUARDIAN TESTIMONIALS

Name Linda Clarke
Team Empanda
School Kingsmead School
Quote I am incredible proud of my daughter Megan and her two friends. Throughout the year they have
demonstrated remarkable commitment to making a difference to the community. From organising
two bake sales and two teacher had shaves and even convincing their teacher to have a tattoo for the
cause! They mentored Year 7's at school through the Stepping Stone scheme, and also volunteered
to dog walking in their neighbourhoods.
Name Kwong Ching Wong
Team Elixir
School Oxford International School
Quote I am the guardian of Jiwon who has actively participated in WOHAA throughout the programme,
she has worked closely with her teammates to organise and lead a variety of activities like hand
cream sale, bake sale, University Park runs and hosting a community carnival. These events
required initiative, creativity and perseverance, all of which she demonstrated consistently. One of
the key highlights was the business pitch, she delivered her team's ideas to a panel. I am proud of
her achievements.
Name Poorna Abeysiri
Team Horizon
School Queen Elizabeth School for Boys
Quote Following in the footsteps of his sister, Dhamma, was very keen to participate in WOHAA.
Together with his teammates, he organised badminton competitions, school concerts, bake sales and
park runs. Through these he has learnt to work collaboratively, leadership, problem solving,
responsibility and public speaking skills. .
Name Karen Corrigan
Team SEEAA
School Urmston Grammar School
Quote Participating in this programme has benefitted my daughter in many ways, especially since she
joined sixth form this academic year. Taking part in this programme, helped her to strengthen her
friendship with others in her team and develop skills which she will find useful in her further
education and the world of work.
Name Bernard Siow
Team Aspiration
School St. Paul's School
Quote Philip's journey with the Wings of Hope Achievement Award (WOHAA) was no ordinary charity
endeavour. Tasked with the monumental challenges of crossing every bridge in London and visiting
all stations on the vast Underground network, his participation became a multi-day odyssey through
the city, and more importantly, a significant chapter in his personal development.

Page 8

Wings of Hope

Report of the Trustees for the Year Ended 30 June 2025

STUDENT TESTIMONIALS

Name Karen, Tanya, Ayaana and Ishani Team Artesana School King Edward's VI High School for Girls Quote After deciding to sell tote bags at our school's Christmas Fair, we carefully curated designs to ensure we celebrated different cultures, around the globe.

Name Zaynab, Vaishali, Salma and Geneveive Team EmpowerEd School The Royal Masonic School for Girls Quote I volunteered for an organisation for underprivileged disabled people in Nigeria - The Hyat Foundation. I also volunteer at my school in Cadogan House

Page 9

Wings of Hope

Report of the Trustees

for the Year Ended 30 June 2025

Name Rohaan, Rayaan, Dhruv, Nathaneil and Aiden Team RKR Charities School St Paul's Boys Quote The Wings of Hope process truly changed our lives. We hope that anyone considering joining the programme, jumps right in !! Our Golf tournament was most successful

Page 10

Wings of Hope

Report of the Trustees for the Year Ended 30 June 2025

Name Tulay, Sidra, Elga, Jamila and Pratisha Team The Flying Jets School Townley Grammar Quote Our picnic in the Park was a fun and enjoyable day to end our WOHAA journey.

International projects

SSS Institute of Educare, Chennai, has continued to grow from strength to strength. Students in Year 12 achieved exceptionally high marks across various subjects, including Mathematics, Science, and Computer Science.

The school building was expanded on both the ground and first floors to accommodate a growing number of girl students from Kindergarten upwards, thereby serving the needs of the local community. The introduction of the Atal Lab, where robotics comes to life, has been a highly progressive addition to the school.

Excursions, as well as participation in science competitions, debating contests, and essay writing activities, have been hugely popular among students.

SAVE Trust

The SAVE Trust is continuing its work to make a difference to the most challenging communities in Northern Chennai. They have been given funding to buy a plot of land from another donor and now are in the process of acquiring the land with the support of Wings of Hope too. The plan is to construct a new dedicated premises for teaching Computer classes and Evening Tuition classes for students in Years 10, 11 and 12.

Jacaranda School, Malawi

This school continues to grow and we are helping in continuing to offer College Scholarships and literacy programmes in the community at large. The founders of the School, put in a lot of effort to reach out to donors internationally and are specially popular in the US.

Page 11

Wings of Hope

Report of the Trustees for the Year Ended 30 June 2025

Investment policy

The trustees are able to make any investment they see fit.

Risk management

The trustees have discussed the risks in the charity and have identified a reduction in income levels through grant, sponsorship and donations. Concerns about the economy in general have been one of the contributing factors. Nonetheless, there are procedures in place to deal with these risks

STRUCTURE, GOVERNANCE AND MANAGEMENT

Structure, governance and management constitution

The charity is constituted as a company limited by guarantee as defined by the Companies Act 2006 being governed by its Memorandum and Articles of Association dated 3 June 2003, and is registered as a charity with the Charity Commission.

Page 12

Wings of Hope

Report of the Trustees for the Year Ended 30 June 2025

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

Approved by order of the board of trustees on 30 March 2026 and signed on its behalf by:

Mrs Rajni Sriram FRSA - Trustee

Page 13

Independent Examiner's Report to the Trustees of Wings of Hope

Independent examiner's report to the trustees of Wings of Hope ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025.

Responsibilities and basis of report

As the charity's 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:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

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

  3. 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

  4. 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.

Denver Dias

Williams Chartered Accountants Jade House 67 Park Royal Road London NW10 7JJ

Date: 30 March 2026

Page 14

Wings of Hope

Statement of Financial Activities for the Year Ended 30 June 2025

30.6.25
Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
106,005
EXPENDITURE ON
Charitable activities
Charitable activities
159,516
NET INCOME/(EXPENDITURE)
(53,511)
RECONCILIATION OF FUNDS
Total funds brought forward
(233,841)
TOTAL FUNDS CARRIED FORWARD
(287,352)		 30.6.24
Total
funds
£
60,472
158,071
(97,599)
(136,242)
(233,841)

The notes form part of these financial statements

Page 15

Wings of Hope

Balance Sheet 30 June 2025

30.6.25
Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
6
181
CURRENT ASSETS
Stocks
7
3,894
Debtors
8
73
Cash at bank
73,098
77,065
CREDITORS
Amounts falling due within one year
9
(359,098)
NET CURRENT ASSETS/(LIABILITIES)
(282,033)
TOTAL ASSETS LESS CURRENT
LIABILITIES
(281,852)
CREDITORS
Amounts falling due after more than one year
10
(5,500)
NET ASSETS/(LIABILITIES)
(287,352)
FUNDS
12
Unrestricted funds
(287,352)
TOTAL FUNDS
(287,352)		 30.6.24
Total
funds
£
240
3,894
97
76,787
80,778
(303,359)
(222,581)
(222,341)
(11,500)
(233,841)
(233,841)
(233,841)

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 16

Wings of Hope

Balance Sheet - continued

30 June 2025

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

The financial statements were approved by the Board of Trustees and authorised for issue on 30 March 2026 and were signed on its behalf by:

Mrs Rajni Sriram FRSA - Trustee

The notes form part of these financial statements

Page 17

Wings of Hope

Notes to the Financial Statements for the Year Ended 30 June 2025

1. ACCOUNTING POLICIES

Going concern basis of accounting

The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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 financial statements have been prepared under the historical cost convention.

At the balance sheet date, the Charity's liabilities exceeded its assets. The Charity has received assurance from the Trustees that they will continue to give financial support to the Charity for twelve months from the date of signing these financial statements.

On this basis, the Trustees consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might be necessary should this basis not continue to be appropriate.

Income

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

Expenditure

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 a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 25% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

continued...

Page 18

Wings of Hope

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

1. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

30.6.25 30.6.24
£ £
Depreciation - owned assets 59 81

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.

4. STAFF COSTS

Wages and salaries
The average number of interns on the Charity's payroll during the
year was as follows:		 30.06.25
£
55,441
30.06.25
5		 30.06.24
£
64,467
30.06.24
7

No employees received emoluments in excess of £60,000 (2024 : None).

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 60,472
EXPENDITURE ON
Charitable activities
Charitable activities 158,071
NET INCOME/(EXPENDITURE) (97,599)
RECONCILIATION OF FUNDS
Total funds brought forward (136,242)

continued...

Page 19

Wings of Hope

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
funds
£
TOTAL FUNDS CARRIED FORWARD (233,841)
6. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 July 2024 and 30 June 2025 7,167
DEPRECIATION
At 1 July 2024 6,927
Charge for year 59
At 30 June 2025 6,986
NET BOOK VALUE
At 30 June 2025 181
At 30 June 2024 240
7. STOCKS
30.6.25 30.6.24
£ £
Stocks 3,894 3,894
8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.25 30.6.24
£ £
Other Debtors - Paypal/Stripe 73 97

continued...

Page 20

Wings of Hope

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.25 30.6.24
£ £
Social security and other taxes 2,508 1,970
Other creditors 3,275 3,214
Other creditors-SCL 350,886 296,015
Accruals and deferred income 2,429 2,160
359,098 303,359
10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.25 30.6.24
£ £
Bank loans (see note 11) 5,500 11,500
11. LOANS
An analysis of the maturity of loans is given below:
30.6.25 30.6.24
£ £
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal 5,500 11,500
12. MOVEMENT IN FUNDS
Net
movement At
At 1.7.24
in		 funds 30.6.25
£ £ £
Unrestricted funds
General fund (233,841) (53,511) (287,352)
TOTAL FUNDS (233,841) (53,511) (287,352)
Net movement in funds, included in the above are as follows:
Incoming
Resources		 Movement
resources
expended		 in funds
£ £ £
Unrestricted funds
General fund 106,005 (159,516) (53,511)
TOTAL FUNDS 106,005 (159,516) (53,511)

continued...

Page 21

Wings of Hope

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

12. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At 1.7.23
£
Unrestricted funds
General fund
(136,242)
TOTAL FUNDS
(136,242)
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
60,472
TOTAL FUNDS
60,472		 Net
movement
At
in funds
30.6.24
£
£
(97,599)
(233,841)
(97,599)
(233,841)
Resources
Movement
expended
in funds
£
£
(158,071)
(97,599)
(158,071)
(97,599)

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
TOTAL FUNDS		 At 1.7.23
£
(136,242)
(136,242)		 Net
movement
in funds
£
(151,110)
(151,110)		 At
30.6.25
£
(287,352)
(287,352)

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS		 Incoming
resources
£
166,477
166,477		 Resources
Movement
expended
in funds
£
£
(317,587)
(151,110)
(317,587)
(151,110)

continued...

Page 22

Wings of Hope

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

13. RELATED PARTY DISCLOSURES

The administration charges of £12,000 (2024 - £12,000) together with £48,000 towards the cost of WOHAA UK Project are payable for services provided by Supreme Creations Limited, a company in which trustees Dr R Sri Ram and Mrs Rajni Sriram are Directors, and have been approved by the Charity Commissioners.

14. COMPANY LIMITED BY GUARANTEE

Wings of Hope is a company limited by guarantee and accordingly does not have a share capital.

Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.

Page 23

Wings of Hope

Detailed Statement of Financial Activities

for the Year Ended 30 June 2025

Detailed Statement of Financial Activities
for the Year Ended 30 June 2025
30.6.25 30.6.24
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 22,484 16,128
WOH Achievement Awards 83,521 44,344
106,005 60,472
Total incoming resources 106,005 60,472
EXPENDITURE
Charitable activities
Wages 55,441 64,467
Pensions 926 651
Subscriptions 679 186
Telephone - 25
Wings of Hope students development programs 72,189 62,698
Depreciation 60 81
Bank loan interest 219 370
Grants to schools 12,998 14,280
142,512 142,758
Support costs
Governance costs
Accountancy fees - 480
Independent examiner's fees 3,477 2,160
Administration 12,000 12,000
Bank charges 1,527 673
17,004 15,313
Total resources expended 159,516 158,071
Net expenditure (53,511) (97,599)

This page does not form part of the statutory financial statements

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