The Cogwhool Trust Ilnternatlonall Llmlted
la company Ilmlted by guarantse)
Report and Financial Statements
For the year ended 31 March 2025
Charity number: 1100931
Company numbor.. 04836866

The Cogwheel Trust Ilntsmational) Limited
Trustees, Report for the year ended 31 March 2025
Trustees
The trustees who served during the year under review were..
Andrew Fairweather- resigned 19 June 2025
Adrian Cooper
Patricia Grimwood
Robert Morrow - appointed 17 November 2024
Company Secretsry:
Lorna Hammond
Reglsterod offlco:
16 Broad Street, Eye, IP23 7AF
Roglstered charity number: 1100931
R•glstered company number: 04836866
Indopendent Examlner:
The Laurel Partnership, 16 Broad Street, Eye, IP23 7AF
Structuro, governance and management
The charity is a charitable company limited by guarantee incorporated on 18 July 2003.
ObJectlv•s and actlvltles
The object of the charity is the advancement of the Christian Farth, education and relief of poverty for men,
women and children in Uganda, India and other less developed countries who are in need, hardship or
distress.
Flnanclal Revlew
The Statement of Financial Activities for the year is set out on the followin9 pages,
Results and reserves
The charity reviews its policies each year. It has identified the need lo achieve reserves which equate to three
months normal running costs of its business and services which currently amounts to approx, £33,000.
Relevant reserves are calculated after deduction of fixed assets and restricted funds.
Rlsk management
The Trustees have examined the major strategic, business and operational risks which the charity faces and
confim that Systems have been established to enable regular reports to be produced so that the necessary
steps can be tsken to lessen these risks.

The Cogwheel Trust Ilnternational) Limited
Trustees. Report for the year ended 31 March 2025
Trustees. responsibilities in relation to the flnancial statements
Company law requires the trustees to prepare financial statements for each financial period which give a true
and fair view of the state of affairs of the Company and of the profrt or loss of the company for that period. In
preparing those financial statements, the trustees are required to..
select Suitsble accounting policie8 and then apply them consistently.,
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards have been followed, subject to any material
departur88 disclosed and explained in the financial statements; and
prepare the financial 8tstement8 on the going concem basis unless it is inappropriate to presume
that the company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy
at any time the financial position of the charrtable company and to enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the
charitable company and hence for taking rea80nable steps for the prevention and detection of fraud and other
irregularities.
This report was approved by the trustees on
and signed on their behalf by..
A Cooper
Trustee

The Cogwheel Trust (Internatlonal) Llmlted
Independent Examiner's Report to the Trustees of The Cogwheel Trust (International) Limited
for the year ended 31 March 2025
I report on the accounts of The Cogwheel Trust (International) Limited for the year ended 31 March 2025,
which are set out on pages 4- 10.
Respective responslblllties of trustees and examlner.
The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act
2011 {'the Act.).
The charity's trustees consider that an audit is not required for this year under section 144 of the Act and that
an independent examination is needed.
It is my responsibility to..
(i) examine the accounts under section 145 of the Charities Act,
(ill to follow the applicable Directions given by the Charity Commission (under section 145{5)(b) of the Act,
(iii) to state whether particular matters have come to my attenkn'on
Basls of Independent oxamin•r'$ roport
My examination was carried out in accordance wbth general Directions given by the Charity Commission. An
examination includes a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records. It also includes consideration of any unusual items or disclosures in the
accounts, and seeking explanations from the trustees concerning any such matters. The procedures
undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion 18
given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out
in the statement bel¢)w.
Independent examlner's statement
In connection with my examination, no mat8rlal matter8 have come to my attention (save for tho matters raised
In the trustees report) which gives me cause to believe that in, any material respect,.
(1> the accounting records were not kept In accordance with section 130 of the Charities Act; or
(li) the accounts did not accord with the accounting records,. or
(iii) the accounts did not comply with the applicable requirements conceming 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 'twe and fair, view which 18 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 io enable a proper understanding of the accounts to be
rèached.
Matthew Aldous FMAAT
16 Broad Street
Eye
Sufft)Ik

The Cogwheel Trust (International) Llmfted
Statement of Flnanclal Actlvltles
for the year ended 31 March 2025
Unr•stricted Rostricted
Funds
Funds
2025
2025
Total
Funds
2025
Total
Funds
2024
Note
Incoming Resources
Donations, legacies and grants
Investrnent income and interest
Other income and resources
80.795
80,795
362
48,728
77.596
358
40,857
362
48,728
Total Incomlng resources
129 886
118811
Resources expended
Charitable activities
Gov8mance costs
13,143
22,817
90,489
103,632
22,817
99,847
24,517
Total r•sour¢•s •xpandod
90 489 126 449
124 364
Net Incomel{outgoing) re•ources before trai
13.130
(9.694)
3,436
(5,553)
Transfers between fund¥
Not Incomlng rosources
Fund balances as at 1 Aprll 2024
46,809
Fund balances as at 31 March 2025
12

The Cogwheel Trust (International) Limitsd
Balance Sheet
as at 31 March 2025
2025
2024
Note
Fixed assets
Tangible assets
1,019
1,219
Current asset8
Debtors and prepayments
Cash at bank and in hand
10
16,122
16,028
50,114
46,778
CredltorJ: amounts falllng due wlthln one year 11
888
Net current assets
49.226
45,590
Nat assets
46,809
Funds
Unrestricted
Restricted
12
12
(2,0631
(15,183)
61,992
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an
audit under section 477 of the Companies Act 2006. Members have not required the company to
obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies
Act 2006 wilh respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act
2006 applicable to companies subject to the small companies, regime.
Is
A Cooper
Diredor
Approved by the board on

The Cogwheel Trust Ilnternational) Limited
Notes to the accounts
as at 31 March 2025
Accounting policies
Basis of preparation
The financial statements have been prepared under the historical convention and in accordance with
Accounting and Reporting by Charities.. Stalement of Recommended Practice applicable to charrties
preparing their accounts in accordance wrth the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS 1021- {Charities SORP (FRS 102)) and the Companies Act 2006.
The charty has availed itself of P8ragraph 3 (3) of Schedule 4 of the Companies Act end adapted the
Companies Act formats to reflect the special nature of the Charivs activities,
Fund accounting
General funds are unrestricted funds which are available for tho use at discretion of the trustees in
furtherance of the general objectives of the ¢harlty and which have not been designated for other purposes.
Deslgnated funds compromise unrestricted funds that have been set aside by the trustees for partlcular
purposes, The aim use of each designated fund is set out in the notes to the financial statements.
Restricted funds are to be used in accordance with specific restrictions imposed by donors of which have
been raised by the charity for particular purposes. The cost of raising and administering such funds are
charges against the specific fund. The aim of use of each restricted fund is set out in the notes to the
financial statements.
Endowment fund8 represent those assets which must be held pennanently by the charity, principally
investments. Income arising on the endowment funds can be used in accordance with objects of the charity
and is included in unrestricted income. Any capital gains or losses arising on the investments from part of
the funds. Investment management charged and legal advice relation to the fund are charged against the
fund.
Investment income and gains are allocated to the appropriate fund.
Incoming r&sOU￿&S
All incoming resources are included in the SOFA when the charity 18 legally entitled to the income and the
amount can be quantified with reasonable accuracy. For legacies. entitlement 18 the earlier of charty belng
notified of an impending distribution or the legacy being received.
Gifts in kind donation for distribution are includéd at valuation and recognised as income when théy are
distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated
facilities are included at the value to the charity where this can be quantified and a third party is bearing the
cost. No amounts are includéd in the financial statements for services donated by volunleers.
Resou￿83 expended
All expenditure is accounted for on an accruals basis and has been classified under the headings that
aggregate all costs 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 the resources.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of
disseminating information in support of the charitable adivities. Support Costs are those incurred directly in
support of expenditure on the objects of the charity. Management and administration costs are those
incurred in connection with the administration of the charity and compliance with the constitutional and
statutory requirements.

The Cogwheel Trust (International) Limited
Notes to the accounts
as at 31 March 2025
Tangible fixed 88sets
All assets capitalised are recorded in the Financial Statements at cost.
Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful lrfe,
which in all cases is estimated at 250A on a reducing balance basis.
Incoming resources - Donations. Legacies and Grants
Total
Funds
2025
Total
Funds
2024
Sponsorships
Donations - Gifts for sponsored children
Donations - New dormitory project
73,952
6,693
1,150
74,748
2,848
Incoming rosourcos . Investment income
Total
Funds
2025
Total
Funds
2024
Interest income
362
358
362
358
Incoming resources - Other
Total
Fund8
2025
Total
Funds
2024
Donations- General
48,728
40,857

The Cogwheel Trust {International) Limitéd
Motes to the accounts
as at 31 Ma￿h 2025
Resources oxpended - Charltable actlvltes
2025
2024
Costs of activities in furtherance of the Chan'ties objects
Cogwheel Trust Uganda
Cogwheel Trust India
Staff costs (proportion)
Travel and subsistence
69,650
9,650
20,168
4,164
69,338
9,870
18.368
2.271
103 632
99,847
2025
2024
Govgmance costs
Staff costs (proportion)
Rent
Accountancy fees
Other legal and prof
Telephone and fax
Stationery and printing
Postage
Bank charges
Sundry
Depreciation
20,168
13001
1,038
82
445
290
431
298
26
340
18,368
3,600
888
13
411
349
171
310
407
Stsff costs
2025
2024
Manager salary
Administrators salary
Pensions
27,628
11,302
1,406
27,628
7,702
1.406
8 Tru$teo8 Remunoration
The Trustees neither received nor waived emoluments during the year {2024'. £nil).

The Cogwheel Trust Ilnternatlonal) Limited
Notes to the accounts
as at 31 March 2025
Tangible fixed assets
Equipment,
flxtures and
fittings
Cost
Blfwd
Additions
Disposa18
Clfwd
5.834
140
Depreclatlon
Blfrwd
Charge for the year
On disposals
Clfwd
4,615
340
Net book value
Clfwd
Bltwd
10 Debtor8
2025
2024
Accrued income
16.122
16,028
11 Creditors
2026
2024
Accruals
888
1,188
888

The Cogwheel Trust Ilnternational) Limited
Notes to the accounts
as at 31 March 2025
12 Statement of Funds
Fund
balances at
1 April
2024
Fund
balances at
31 March
2026
Incoming
resou￿03
Resources
expended
Transfors
Unrnstricted funds
General
(16,183)
49,090
(35,960)
12,053)
Restricted funds
Sponsorships
Specific gifts for children
New dormitory project
61,992
73,952
5,693
1,150
(83,646)
(5.693)
(1,150)
62,298
129885
125299
13 Llmfted Llabillty
The charity is a company limited by guarantee. The members of the company are trustees narn￿ on page
1. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per
member of the charity.
10