| Company Number: 04856607 |
|---|
| Charity Number: 1101849 |
| Scottish Charity Number: SC043537 |
| ENGINEERS WITHOUT BORDERS UK |
| REPORT & FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2022 |
Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
Contents
| Administrative & Legal | 3 |
|---|---|
| Trustees Report | 4 |
| Independent Auditor’s report to the members of Engineers Without Borders UK | 12 |
| Statement of Financial Activities (incorporating the Income and Expenditure Account) for the | |
| year to 31 March 2022 | 16 |
| Balance Sheet as at 31 March 2022 | 17 |
| Statement of Cash Flows for the year to 31 March 2022 | 18 |
| Notes to the accounts for the year ended 31 March 2022 | 19 |
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Engineers Without Borders UK
Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
Administrative & Legal
Charity Name: Engineers Without Borders UK Other names used: Engineers Without Borders, EWB-UK, EWB Charity registration number: 1101849 Scottish Charity registration number: SC043537 Company registration number: 04856607 Principal (and registered) addresses: The Foundry, 17 Oval Way, London, SE11 5RR
Trustees:
Jon Prichard, Chair Helena Barrett Zoe Haseman (appointed June 2021) Anna Claire Hein (appointed April 2022) Malithi Hennayake (appointed November 2021) Akaraseth Puranasamriddhi (appointed November 2021) Nick Tyler Adriana Vargas-Colwill, Treasurer (appointed April 2022) Stephen David Jones (resigned June 2021) Martin Findlay (resigned November 2021) Navjot Sawhney (resigned November 2021) Laura Sergeant, Treasurer (resigned April 2022) Alex Wise (resigned March 2022)
Principal Staff:
Katie Cresswell-Maynard, Chief Executive & Secretary, resigned September 2021 Donald Campbell-Brown, Chief Executive (Interim), resigned February 2022 John Kraus, Chief Executive, appointed March 2022
Auditors: Knox Cropper LLP 65-68 Leadenhall Street London EC3A 2AD Bank: CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ Accountants: Accounting Solutions for Charities 23 Cadogan Gardens London N3 2HN
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Engineers Without Borders UK
Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
Trustees Report
Structure, Governance & Management
Governing document
The organisation is a private charitable company limited by guarantee, incorporated on 5 August 2003 and registered as a charity on 30 January 2004, and registered as a Scottish charity on 2 November 2012. The company was established under a Memorandum of Association, which established the objects and powers of the charitable company, and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1. The Articles of Association was amended in November 2020 and the amended version now includes changes to allow for virtual meetings, a more streamlined process for electing member-elected trustees and the requirement for Chapter committee members to become members of the charity.
Recruitment and appointment of the Board of Trustees
The Directors of the company are also charity Trustees for the purposes of charity law.
The Board consists of up to ten Trustees. Trustees serve an initial three-year term and are eligible to serve a maximum of two consecutive terms. Eight of the ten Trustees are appointed, most recently through open market recruitment, with the remaining two elected from and by the Members of Engineers Without Borders UK at the Annual General Meeting. These arrangements have been incorporated into revised Articles of Association as registered with Companies House and the Charity Commission. Adjustments were approved by members at the Annual General Meeting on 17 November 2021, increasing the number of appointed trustees from eight to ten.
To maintain a broad mix of skills on the Board, the Chair works with the rest of the Board of Trustees to identify areas of weakness on the board and in the event of particular skills being lost due to retirements, individuals are approached and may be appointed to the Board of Trustees subject to approval by the membership.
New Trustees are given copies of relevant documentation and further relevant information as a part of their induction by the Chief Executive. All Trustees attend an annual training day to ensure that they understand their role.
Organisational structure
Engineers Without Borders UK's Board of Trustees meets at least quarterly as a full board and as appropriate more frequently in committees. In the year in question 3 committees were convened to address the areas of finance, audit & risk (including safety and security of staff and volunteers) and remuneration. For 2021/22 working groups of the Board continued to operate on strategy, partnership due diligence and diversity & inclusion as well as a short term
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Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
focus on HR policy and leadership reviews. The Trustees set the strategic direction and policies of the charity.
Day to day responsibility for the running of the organisation is delegated by the Board of Trustees to the Chief Executive. In turn, the Chief Executive leads a wider team of staff and volunteers who together ensure that the charity’s activities align with the direction set by the Board of Trustees.
Engineers Without Borders UK is a member of Engineers Without Borders International (EWBI). EWB-I aspires to act as an umbrella organisation to national member associations who will remain independent in a federated structure. The Chief Operating Officer of Engineers Without Borders UK is a member of the EWB-I Board of Directors.
Affiliated organisations
A number of local groups are affiliated to Engineers Without Borders through an agreement which allows the affiliate to represent Engineers Without Borders UK and carry out activities to support the achievement of our mission. During the financial year 2021/22 the following 28 universities had recognised affiliated member groups with Engineers Without Borders UK. This was up from 19 the previous year, which reflects a strong recovering from the previous year that was severely impacted by restrictions associated with the COVID-19 pandemic:
| EWB Cardiff University | EWB University of Birmingham |
|---|---|
| EWB City, University of London | EWB University of Bristol |
| EWB Durham University | EWB University of Cambridge |
| EWB Harper Adams University | EWB University of East Anglia |
| EWB Imperial College London | EWB University of Glasgow |
| EWB King's College London | EWB University of Manchester |
| EWB Lancaster University | EWB University of Nottingham |
| EWB Loughborough | EWB University of Oxford |
| EWB Newcastle University | EWB University of Pécs |
| EWB Nottingham Trent University | EWB University of Sheffield |
| EWB Queen Mary University of London | EWB University of Strathclyde |
| EWB University College London | EWB University of Surrey |
| EWB University of Aberdeen | EWB University of Warwick |
| EWB University of Bath | EWB University of West of England |
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Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
The list of affiliated groups changes from time to time as new ones are formed and others become inactive.
These groups are separate organisations and are also governed by the rules and regulations of their respective students' unions or equivalent. However, they all exist to further the objects of Engineers Without Borders UK, Affiliates must be self-financing. As well as fundraising and delivering or contributing to Engineers Without Borders UK national initiatives the affiliated groups also organise local activities.
Risk management
The Board of Trustees regularly review a risk and opportunities register which is used to highlight and monitor risks to the organisation. The Chair owns this document but delegates responsibility for maintaining it to the Chief Executive. If risks arise that cannot be mitigated using existing structures then the Board of Trustees will take appropriate action to address them.
Procedures are in place to ensure compliance with health and safety for all staff and volunteers undertaking work on behalf of Engineers Without Borders UK or attending Engineers Without Borders UK events. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity. Meetings of the Audit and Risk committee were held throughout the year, which included a focus on improved risk identification and management in line with the organisation's evolution.
COVID-19
The Audit and Risk Committee supervised the handling of the COVID-19 pandemic by the organisation. Through the global pandemic, the Trustees, staff team and volunteers have continued to follow the relevant Government guidance and legislation.
Objectives and activities
In May 2021, Engineers Without Borders UK launched a strategy to 2030 that provides a strong, persuasive plan to put global responsibility at the heart of engineering, ensuring a safe and just future for all.
The strategy includes three goals that we believe will enable the tipping for globally responsible engineering to be reached.
Goal 1: Inspire. Encourage lifelong, meaningful commitment to globally responsible engineering.
Goal 2: Upskill. Equip the engineering community with the skills and expertise to be globally responsible.
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Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
Goal 3: Drive change. Collaborate with organisations to enable globally responsible engineering to become mainstream.
By 2030 we will build a movement of over half a million people, powerful enough to radically transform the culture of engineering.
Operationally, during the financial year 2021/22, Engineers Without Borders UK ran a wide range of initiatives, broadly split between:
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Curriculum programmes at universities around the world - which contribute to our efforts to evolve engineering education and provide more people with the tools to put global responsibility at the heart of their engineering practice
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Awareness raising and training activities - many of which are run with or by our University Chapter groups, members and wider movement, aiming to inspire a commitment to globally responsible engineering and build skills to deliver on this
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Collaborating with organisations to deliver on their commitment to positive change and expand our voice in the sector to influence change in the sector
During the year in question Engineers Without Borders UK employed an average headcount of 10.5 staff. Alongside our staff, volunteers continue to play an important role in our organisation. During 2021/22, volunteers in our 28 affiliated member groups further contributed countless hours in their local area. We would not be able to achieve all that we do without their valuable efforts.
Statement of Public Benefit
When reviewing our activities, the Trustees have had regard to the Charity Commission guidance on public benefit. The Trustees ensure that the activities undertaken are in line with the charitable objectives of Engineers Without Borders UK, and in doing so are satisfied that Engineers Without Borders UK's activities meet the requirements on demonstrating public benefit.
Achievements and Performance
In the year we launched our 2021-2030 strategy, continued the delivery of existing initiatives and piloted new opportunities aligned with the goals to inspire, upskill and drive change. Highlights from the year include:
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The Engineers Without Borders Globally Responsible Engineering Programme was launched. The free virtual experience programme develops participants' understanding of globally responsible engineering and builds their skills in participatory and inclusive approaches to engineering, the overarching role of engineering, problem solving and communication. By the end of 2021/22, 2,423 people had signed up and 382 had fully completed the 5-6 hour programme.
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85 professionals and 110 students participated in a month-long intense design challenge that allowed them to explore the ethical, environmental, social and cultural aspects of engineering design, and practice using their skills and knowledge to benefit people and planet. 29 design ideas were submitted and viewed 4,972 times by 1,658 people from 28 countries.
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Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
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We launched our Advocate programme with the objective to identify early adopters, and equip them to advocate and drive change to radically transform the culture of engineering. The 9 month programme was delivered to 22 Jacobs employees.
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8,800 students were upskilled through participating in the Engineering for People Design Challenge. 260 professional reviewers and judges engaged, culminating in an in-person Grand Finals and 3,927 votes placed to award the People's Prize. During a pivotal time in an undergraduate student’s career, this design challenge encourages individuals to broaden their awareness of the social, environmental and economic implications of their engineering solutions.
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Nearly 170 students across universities in Bangladesh, Benin, Cameroon, India, Kenya, Nigeria, Pakistan, Senegal, Sweden, Uganda, UK, USA and Zimbabwe participated in the 2021/22 Efficiency for Access Design Challenge. This global, multidisciplinary competition empowers teams of students to help accelerate access to clean energy.
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We launched our first ever strategic university partnerships, curated to improve the holistic educational experience of tomorrow’s engineers. We worked with City, University of London and TEDI London to design innovative packages of work, inspiring and nurturing global responsibility in educators and students, to produce world-class graduates.
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In the 2021/22 academic year, we had 26 affiliated Chapters across the UK, a growth from 19 the year before. Between them they had 1480 members, and reached 1,906 participants through 256 activities. The projects and activities that Chapters deliver allow students to trial ideas and concepts, as they begin their careers and journey as globally responsible engineers.
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Our work driving change across the industry continued through collaboration and influence opportunities. This included leading a workshop with all Joint Board of Moderators board members and reviewers as part of their annual training event. We trained on the practicalities to look for when assessing if Climate Emergency as a cultural feature of degrees. We also continued as an active member of the Sustainability in Engineering Higher Education Group facilitated by the Royal Academy of Engineering, and the Engineering Ethics Reference Group.
Financial Review
Expenditure for the year was lower than income by £68k (2020/21: £53k), with costs increasing as COVID-19 restrictions eased and in-person activity increased, alongside retaining a robust income flow from our strategic partners which saw income increase year-on-year at a similar level to costs. At year end, Unrestricted funds available to Engineers Without Borders UK had increased by 16% to £689k (2020/21: £594k).
We raised a total income of £814k (2020/21: £643k) including gifts in kind worth £94k (2020/21: £88k). 91% of income was in Unrestricted funds (2020/21: 88%).
Our expenditure for the year was £744k (2020/21: £592k), including the value of gifts in kind. Expenditure on Programme Areas increased to £567k (2020/21: £407k) and Governance costs dropped to £31k (2020/21: £57k), with the prior year being exceptionally high with legal
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Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
support for update to our Articles of Association in 2020. Costs for generating voluntary income increased to £147k (2020/21: £128k), representing 20% of total spend (2020/21: 22%), with the increased capacity in this area reflected in the increased income.
Reserves
Engineers Without Borders UK is committed to the prudent use of funds that it receives as soon as is practical. However, operating effectively, and with the confidence to plan for the future, requires adequate financial reserves.
The reserves policy is reviewed annually by the Board of Trustees and, for the year in question, remains the same.
The target for unrestricted reserves is to be in the range between £320k and £480k. This represents approximately 4-6 months operating costs, including staff salaries, based on the operating budget for financial year 2021-22.
Trustees will be informed if the level of unrestricted reserves falls below this range so that they can meet and take appropriate action.
At 31 March 2022 the total Unrestricted funds stood at £689k, which represents 9 months operating costs, but the trustees are satisfied that this level is reasonable and down to timing of expenditure with planned strategic investments being made that will draw down these reserves.
Plans for Future Periods
As well as continuing our ongoing commitments we will build on the strong foundations laid in 2021/22, growing our initiatives to reach more students and professionals, equipping them with the skills and expertise to be globally responsible. Fundamental to this is the development of a competency framework, framed around the four principles that we believe are required for globally responsible engineering (responsible, inclusive, purposeful and regenerative). The competency framework will be launched in 2023, with the aim to be practicable and support where people need competency, for application in day-to-day projects.
Our focus remains on putting global responsibility at the heart of engineering to ensure a safe and just future for all. We are focused on developing and delivering initiatives that will have the greatest impact against our objectives, within the available resources.
Going Concern
Our fundraising strategy has focused our team on:
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further developing our current relationships to convert them into multi-year agreements
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seeking new partnerships with engineering companies and
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exploring earned income opportunities
The aim of this was to continue to diversify our income streams, reduce our dependence on a few key supporters and build greater long term funding certainty to improve our forecasting capability.
At this time, we are confident that we can deliver on Engineers Without Borders UK’s current commitments and we have continued to see increased appetite for work.
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Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
As the potential impact of the current economic climate continues to evolve, our board of trustees continues to closely monitor the situation and remain abreast of any critical changes that may impact our income and delivery of current initiatives.
Statement of Responsibilities of the Board of Trustees
The Trustees (who are also directors of Engineers Without Borders UK for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and FRS102.
Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:
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➢ select suitable accounting policies and then apply them consistently;
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➢ observe the methods and principles in the Charities Statement Of Recommended Practice; ➢ make judgements and estimates that are reasonable and prudent;
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➢ state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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➢ prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006, the Charities and Investment (Scotland) Act 2005 and the Charity Accounts Regulations 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the Trustees are aware:
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there is no relevant information of which the charitable company’s auditor is unaware; and
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they have taken all steps that they ought to make themselves aware of any relevant information and to establish that the independent examiner is aware of that information.
The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
In preparing this report, the Trustees have taken advantage of the small companies’ exemptions provided by section 415A of the Companies Act 2006.
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Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
Appointment of Auditors
Knox Cropper LLP were appointed to complete a statutory audit of our annual report and accounts for the year ended 31 March 2022, in line with the requirements of the Charities Act 2006.
Approved by the Board of Trustees on 6 December 2022 and signed on its behalf by:
Jon Prichard Signed on 16/12/22 @ 11:38 ………………………………. ………………………………. Jon Prichard Adriana Vargas-Colwill Chair Treasurer
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Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
Independent Auditor’s report to the members of Engineers Without Borders UK
Opinion
We have audited the financial statements of Engineers Without Borders UK (the ‘charitable company’) for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet, Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
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give a true and fair view of the state of the charitable company's affairs as at 31 March 2022 and of its income and expenditure for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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have been prepared in accordance with the requirements of the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and regulation 8 of the Charities Accounts (Scotland) Regulations 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
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Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
Other information
The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information.
Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
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the information given in the trustees’ report, which includes the directors’ report prepared for the purposes of company law, for the financial year for which the financial statements are prepared, is consistent with the financial statements; and
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the directors’ report included within the trustees’ report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report included within the trustees’ report.
We have nothing to report in respect of the following matters where the Companies Act 2006 and Charities Accounts (Scotland) Regulations 2006 requires us to report to you if, in our opinion:
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adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
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the financial statements are not in agreement with the accounting records and returns; or
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certain disclosures of trustees' remuneration specified by law are not made; or
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we have not received all the information and explanations we require for our audit.
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the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption
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Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
from the requirement to prepare a Strategic Report or in preparing the Report of the Directors.
Responsibilities of Trustees
As explained more fully in the Trustees' Responsibilities Statement set out on page 10, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
Auditor’s responsibilities for the audit of the financial statements
We have been appointed as auditors under Section 44(1)(C) of the Charities and Trustee Investment (Scotland) Act 2005 and under the Companies Act 2006 and report in accordance with regulations made under those Acts.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
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The Charitable Company is required to comply with both company law and charity law and, based on our knowledge of its activities, we identified that the legal requirement to accurately account for restricted funds was of key significance.
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We gained an understanding of how the charitable company complied with its legal and regulatory framework, including the requirement to properly account for restricted funds, through discussions with management and a review of the documented policies, procedures and controls.
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The audit team, which is experienced in the audit of charities, considered the charitable company’s susceptibility to material misstatement and how fraud may occur. Our considerations included the risk of management override.
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- Our approach was to check that all restricted income was properly identified and separately accounted for and to ensure that only valid and appropriate expenditure was charged to restricted funds. This included reviewing journal adjustments and unusual transactions.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
Use of the audit report
This report is made solely to the charitable company’s member in accordance with Chapter 3 of Part 16 of the Companies Act 2006, and to the charitable company’s trustees, as a body, in accordance with Regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s member for our audit work, for this report or for the opinions we have formed.
Signed:
Shoaib Arshad, ACA, FCCA Senior Statutory Auditor
for and on behalf of
Knox Cropper LLP
Chartered Accountants and Registered Auditors 65 Leadenhall Street London EC3A 2AD
Date:
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Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
Statement of Financial Activities (incorporating the Income and Expenditure Account) for the year to 31 March 2022
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Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
Balance Sheet as at 31 March 2022
| Note FIXED ASSETS Tangible Assets 5 Investments 6 TOTAL FIXED ASSETS CURRENT ASSETS Debtors: Amounts falling due within one year 7 Cash at bank and in hand TOTAL CURRENT ASSETS CREDITORS: Amounts falling due within one year 8 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES FUNDS Unrestricted Funds 10 Restricted Funds 9 TOTAL FUNDS |
2022 2021 £ £ 7,025 459 37,501 39,293 44,526 39,752 109,835 32,343 616,077 607,466 725,912 639,809 (59,704) (36,432) 666,208 603,377 710,734 643,129 688,943 594,360 21,791 48,769 710,734 643,129 |
|---|---|
These financial statements have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006 and with the Financial Reporting Standard 102 SORP (effective) January 2019.
On behalf of the Trustees:
Jon Prichard Signed on 16/12/22 @ 11:38
Jon Prichard Chair
Adriana Vargas-Colwill Treasurer
Approved and authorised for issue by the Board on 6 December 2022
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Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
Statement of Cash Flows for the year to 31 March 2022
| Note CASH FLOWS FROM OPERATING ACTIVITIES: Net cash provided by (used in) operating activities 16 CASH FLOWS FROM INVESTING ACTIVITIES: Interest income Purchase of tangible fixed assets Net cash provided by (used in) investing activities Increase (decrease) in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2022 2021 £ £ 17,768 110,224 - - (9,157) (263) (9,157) (263) 8,611 109,961 607,466 497,505 616,077 607,466 |
|---|---|
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Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
Notes to the accounts for the year ended 31 March 2022
1 Principal accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below.
(a) Basis of preparation
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 financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The charity constitutes a public benefit entity as defined by FRS 102.
(b) Going Concern
The financial statements are drawn up on the going concern basis which assumes Engineers Without Borders UK will continue for the foreseeable future. The Board have given due consideration to the working capital and cash flow requirements of Engineers Without Borders UK. The Board consider Engineers Without Borders UK’s current and forecast cash resources to be sufficient to cover the working capital requirements of the charity for at least 12 months.
(c) Incoming resources
All incoming resources are included in the consolidated SOFA when the charity is legally entitled to them, receipt is virtually certain and the amount can be measured with sufficient reliability.
(i) Grants Receivable
Grants are credited to the SOFA when receivable. Incoming resources are only deferred where there are time constraints imposed by the donor or if the funding is performance related. Where entitlement to grants receivable is dependent upon fulfilment of conditions within the charity’s control, the incoming resources are recognised when there is sufficient evidence that conditions will be met.
Grants supporting the core activities of the charity and with no specific restrictions placed upon their use are included within voluntary income. Grants that have specific restrictions placed upon their use are included within incoming resources from charitable activities.
(ii) Donations and Legacies
Donations are recognised in the period in which they are received.
(iii) Restricted Income
Income received that has specific restrictions placed upon its use is credited to restricted income within the SOFA on a receivable basis. Unspent balances are carried forward within the relevant restricted fund.
(iv) Donated Goods, Services & Facilities
Goods, facilities and services donated for the charity’s use, where the benefit is quantifiable and the goods or services would otherwise have had to be purchased, are recognised in the financial statements, as both income and expenditure, at a reasonable estimate of their value in the period in which they are donated.
(v) Fundraising Events
Fundraising events income is included in voluntary income as the funds received are by nature donations rather than funds paid to gain a benefit. Event income to which Engineers Without Borders UK has a legal entitlement and that is being held by a third party agent is recognised on a receivable basis.
(d) Resources Expended
Resources expended are recognised in the period in which they are incurred on an accruals basis. Resources expended include attributable VAT which cannot be recovered.
Costs of charitable activities include direct expenditure incurred through grants to volunteers and operational activities together with associated support costs.
The costs of generating funds relate to the costs incurred by the charitable company in raising funds for the charitable work.
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Engineers Without Borders UK
Engineers Without Borders UK Report & Financial Slalemenls for the Year Ended 31 March 2022 111 Governance C•sts Sovern3we costs are lthse ?xoc13ted TrAilh the gtyern3nce 3rrangemenis re13tng to the ar3tegic operations of the ckAnty as OPPOSEd to those costs associated with general running of tkE charity, fundraising or charitablE auiwty These govem3me costs Imlude etemal awjii costs 3nd trustee ewerEes (11) Support Costs Support msts Indude Ihe cenir31 lunctiorE. They are recognised on an accruals basis and have been 311ocated to fundraising, charitable actTr/ibes and gOVernTr on 2 basis cDnsistent wth thE USE of the resourcEs (iii) RgdLmdan¢y Costs Engineers WiithLt Eorders UKS poliry Is to Trinise the Impact of organisational chawe on its enwloyees wFEnevEr p0sble. TktreforE fEdundanciES and rEdundanw pawrEnts only DCELT wihEn absJIUte necessary duÈ to a job no longer beiry required by the organisation to &CheP our ckEntable obiectwes Vihen redundancy P3ymertS are applicable It will be a31uiory redundancy pay and as a result ol 3 decision by organis3110n to termte erylDynEnt before nDrrfftl rEtirernent date or an IndDiidual's decision to amEPt volLntary redunJ2my lel Fund A¢¢ounfjng Urrearicted funds 3re the funds th3t 3re 3v3ilable for use 3t the discretion of the trLrtees In furikEf3ntr ol the general objecti8 of the charity Trustees also desigmte fLdS where they feel rEleznt to ensue uninterrwted progr2mme Rearicted funds are LBed for specrfied purposes as laid down by the domr. Ewendture which rrEets tkEse critena is Idertified 10 the fur. together with 3 fair 311ocation of m3n3gemert ar support costs wthere appropriate Neg3LkE balances are only Earned foThNard where the Trustees are corlident of fijbjre Trsh flDWS fDr that fund tfj Flxed Assets Investments The charity only has financial Investrfftrts of a kind that qualify as basic financial instrUrnts Easic financ121 Instrumerns are initially recognised at the transaction priTr and Subsequert ThaSured fair valLE through the Statemem of Financial Pobhitie5 (gl Debtors Debtors are measured at their recryverable amounts at ba13frE Set date Ihl Credltors and Pro$00n$ All creditors ard proMsiDrs nng from Dngoing 3Ctrifies are Inclthed (Il Financial instrumants including cash and bank balanc4s C3th helll W the chariiy is induded 3t IkE amount actually helll 3rd COLrted at year end B3nk b313nces. whether in credit or okerdr8wn, 3re shobwn 31 the 8moLnts properly recowiled to the bank si8ierrEnts til Pension Ac¢•uniing The CDmp3ny oper3tes a defined cortribU(ion pension he. ContribLtiorts 3re charged to the profit and loss account as they becorfft payable In accordame with the rules of the schEme Ikl Operatlng Lease Rert31s paid rer operatiry leases are ch3rged 10 Income on 3 Straigrt IirE bags cwer the le8se term 01 Tran•f•rs Transfers to from re4ricteLI funds are only conpleted rf the donor approved this transfer. ard traners to and from desigwied funds are gjbieci 10 trLJStee approv81 Im) Forelgn Currencles Transattions In fDreign DJrrencie8 are recordÈd St the r8ts ruling at the date of the tr8n5action Iljl bank actyurrLS Sre Inl Taxation The charity Is exempt from corpor*ion tax as all lis irLome is cthritable ath Is applied for charrtable purposes The ckority Is not registered for VAT, and VAT Is accrued on expenditure IleTrE wh8rE P&]3ble Engineers Without Borders UK Page 20 0126
Engineers Without Borders UK Report & Financial Slalemenls for the Year Ended 31 March 2022 lol Flxed Assets ny purthase of propety (Dr Grft In Ki) In exEess of £100 tt Is e>pected to havE a useful life Df greatertn one yEar Is determined to be a FIxEd Asset The follDwryng dassps of Fixed Asset are In use at Engineers Without Borders FurnUre & fixtLwes- 5 years Computer equipTrErt- 4 years Office equiprrEnt- 3 arS 2 Turnov8r Incoming resources from ch3rii8ble 3tt1Mties 8nd actitiES lor gerErating fLnds comprises p8rtlUP3nt CDntribLJtsons 10 the cost of trairnng COL¥s and entS rLn by Engineers WthoLrt Borders UK Participation fees are charged 10 urwer&ties take p3rt IntkE EIfyB (Thallenge 3 Donatlons and Legacles Unro5tri¢tod Fund5 R•s¢ri¢ted Fund• Total 2022 Commwty Fundraisi IndDAdu31 Donations Sr3nts Corpor3te and Foundation Domtior Gift In knnd InCOnE 5,293 3,436 10,000 432,633 93,795 5.293 3,436 10,000 J2,633 93,795 70,000 Veluntary Ineome21F21-22 040,157 70,0 615,157 Unre8tri¢ted Fund5 Restri¢ted Funds Tot 2021 Commwty Fundraisi Indmdual Donations Grants Corporate 8nd FDund8tion DotIor Gift In nd Inco 17,523 5,020 10,000 299,138 88,N6 17,523 5,020 15.000 371,437 88.346 5,000 72,299 Vduntary Incom•21F2041 420,IF27 77,299 497,326 4 Ey4)enditure 4a Total Ewgnditure reet Costs Support Costs Total 2022 Total 2021 Chaiitabl• Exp•nditur•'. Programm• Ar•a EIA Ch3llenge EfP Ch311enge International Partnershp ComMunY & Ojtreach 59.007 137.304 65,754 130,M6 124,761 267,6 55,601 126,378 729 224,472 84.113 90,104 174,217 Chaiitablg Exponditurg.. Govgrnan¢• GokErnance 57 488 298.462 299,005 597.467 464 668 Cost5 of Generating Voluntary In¢ome Fundr219ng 73.263 73,496 146,769 127,720 Expenditurg 202142 371.725 372,501 744,226 592,398 Engineers Without Borders UK Page 21 0126
Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
| Comparative Total Expenditure Charitable Expenditure: Programme Areas EfA Challenge EfP Challenge International Partnership Community & Outreach Charitable Expenditure: Governance Governance Costs of Generating Voluntary Income Fundraising Expenditure 2020-21 |
Direct Costs £ 29,156 71,546 729 118,314 52,850 272,595 70,184 342,779 |
Support Costs Total 2021 £ £ 26,445 55,601 54,832 126,378 - 729 106,158 224,472 4,638 57,488 192,073 464,668 57,546 127,730 249,619 592,398 |
|---|---|---|
4b Audit Fee
Governance costs include the audit fee of £5,900 (2021: £5,600)
4c Support Costs
| Support Costs | |
|---|---|
| Staff costs Premises costs Financial Management IT & Website Gifts in kind Other support costs Total |
2022 2021 £ £ Allocation basis |
| 141,075 95,330 48,298 45,159 19,051 18,964 16,414 13,706 93,795 46,346 53,868 30,114 In line with proportion of staff time In line with proportion of staff time In line with proportion of staff time In line with proportion of staff time In line with proportion of staff time In line with proportion of staff time |
|
| 372,501 249,619 |
4d In Kind Expenditure
Included is the following expenditure that has been recognised in line with our gifts in kind accounting policy.
| Legal IT Consultancy Publications Total |
2022 2021 £ £ 13,916 42,000 -20,196 35,909 - 43,970 26,150 93,795 88,346 |
|---|---|
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Engineers Without Borders UK
Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
5 Fixed assets
| Cost At 1 April 2021 Additions in year At 31 March 2022 Depreciation At 1 April 2021 Charge for the period At 31 March 2022 Net Book Value At 31 March 2022 At 31 March 2021 6 Fixed Asset Investments Rathbone Ethical Bond Fund managed by Rathbone: Market Value At beginning of period Income from dividend Revaluations At end of period 7 Debtors:amounts falling due within one year Trade debtors Accrued Income Other debtors 8 Creditors:amounts falling due within one year Trade Creditors VAT Creditor Accruals & other creditors |
Fixtures & Fittings £ 8,206 - 8,206 7,977 70 8,047 159 229 |
Computers & Office Equipment TOTAL £ £ 10,864 19,070 9,157 9,157 20,021 28,227 10,634 18,611 2,521 2,591 13,155 21,202 6,866 7,025 230 459 2022 2021 £ £ 39,293 36,657 - - (1,792) 2,636 37,501 39,293 2022 2021 £ £ 58,615 31,563 41,634 - 9,586 780 109,835 32,343 2022 2021 £ £ 12,274 2,107 15,551 23,167 31,879 11,158 59,704 36,432 |
|---|---|---|
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Engineers Without Borders UK
Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
9 Restricted Funds
| Fund EfP Challenge International Partnership Sustainability Champions Total Restricted Funds Comparative Restricted Funds Fund EfP Challenge International Partnership Community & Outreach Total Restricted Funds EfP Challenge International Partnership Sustainability Champions |
At 1 April 2021 Income Expenditure Transfers in / (out) At 31 March 2022 £ £ £ £ £ 43,645 20,000 (102,060) 38,415 - 5,124 - - - 5,124 - 50,000 (33,333) - 16,667 48,769 70,000 (135,393) 38,415 21,791 At 1 April 2020 Income Expenditure Transfers in / (out) At 31 March 2021 £ £ £ £ £ 182,896 44,649 (90,650) (93,250) 43,645 5,853 - (729) - 5,124 7,212 32,650 (155,300) 115,438 - 195,961 77,299 (246,679) 22,188 48,769 Part of a strategic partnership between Jacobs and Engineers Without Borders UK to deliver a programme of upskilling employees at Jacobs to champion sustainability in day-to-day practice. An undergraduate design module based on real world contexts. Embedded into university engineering courses in Ireland, South Africa, UK and the USA it challenges undergraduates to embed global responsibilty issues into their design thinking. Provides qualified volunteer engineers to enhance the engineering skills and knowledge of our partner organisations while also providing a valuable learning experience for the volunteer. |
|---|---|
At the year end a transfer is made from unrestricted reserves to restricted reserves that are in deficit, eliminating any fund deficits accumulated in the year.
10 Total funds reconciliation
| Fund Restricted Funds General Funds Designated Funds Total Unrestricted Funds Total Funds Comparative total fund reconciliation Fund Restricted Funds General Funds Designated Funds Total Unrestricted Funds Total Funds |
At 1 April 2021 £ 48,769 594,360 - 594,360 643,129 At 1 April 2020 £ 195,961 393,817 - 393,817 589,778 |
Income £ 70,000 741,831 - 741,831 811,831 Income £ 77,299 568,450 - 568,450 645,749 |
Expenditure £ (135,393) (608,833) - (608,833) (744,226) Expenditure £ (246,679) (345,719) - (345,719) (592,398) |
Transfers in / (out) At 31 March 2022 £ £ 38,415 21,791 (38,415) 688,943 - - (38,415) 688,943 - 710,734 Transfers in / (out) At 31 March 2021 £ £ 22,188 48,769 (22,188) 594,360 - - (22,188) 594,360 - 643,129 |
|---|---|---|---|---|
Engineers Without Borders UK
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Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
11 Analysis of net assets
| Tangible Fixed Assets Investment Assets Current assets Current liabilities Net assets at 31 March 2022 Comparative analysis of net assets Tangible Fixed Assets Investment Assets Current assets Current liabilities Net assets at 31 March 2021 Staff Costs Salaries and wages Social security Pension costs Average headcount |
Unrestricted - General Funds £ 7,025 37,501 704,121 (59,704) 688,943 Unrestricted - General Funds £ 459 39,293 591,040 (36,432) 594,360 |
Unrestricted - Designated Funds £ - - - - - Unrestricted - Designated Funds £ - - - - - |
Total Unrestricted Funds £ 7,025 37,501 704,121 (59,704) 688,943 Total Unrestricted Funds £ 459 39,293 591,040 (36,432) 594,360 |
Restricted Funds Total funds £ £ - 7,025 - 37,501 21,791 725,912 - (59,704) 21,791 710,734 Restricted Funds Total funds £ £ - 459 - 39,293 48,769 639,809 - (36,432) 48,769 643,129 2022 2021 £ £ 381,663 317,923 34,985 29,364 17,748 16,293 434,396 363,580 10 9 |
|---|---|---|---|---|
12 Staff Costs
Pension costs relate to Engineers Without Borders UK’s contributions to an employee Defined Contribution scheme.
No employees’ emoluments exceeded £60,000 within the year.
Key management personnel include senior staff who manage the key activities of the Charity on a day to day basis. This is deemed to include the Chief Executive Officer, Chief Operating Officer and the Head of Engineering. The total employee benefits of key management personnel were £145,354 (2021: £138,600).
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Engineers Without Borders UK
Engineers Without Borders UK Report & Financial Statements for the Year Ended 31 March 2022
13 Pensions
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
14 Other Financial Commitments
At 31 March 2022 Engineers Without Borders UK was committed to making the following payments under non-cancellable operating leases in the forthcoming financial year. Rentals paid under operating leases are charged to income on a straight line basis over the lease term.
| Operating leases which expire: Within 1 year In over 1 year |
2022 2021 £ £ 14,923 14,923 - - 14,923 14,923 |
|---|---|
During the year operating lease expenses £44,769 (2021: £43,180) was recognised in the accounts as expenditure.
15 Related Party Transactions
The Trustees are not remunerated for their work with Engineers Without Borders UK. During the year none of the trustees were reimbursed for expenses incurred on behalf of the charity when attending trustee meetings and branch society meetings (2021: £nil).
During the year Engineers Without Borders UK received £nil (2021: £nil) in donations from trustees.
16 Reconciliation of net movement in funds to net cash flow from operating activities
| Net movement in funds Add back depreciation charge Deduct (income)/loss shown in investing activities Decrease (increase) in debtors Increase (decrease) in creditors Net cash used in operating activities |
2022 £ |
2021 £ |
|---|---|---|
| 67,605 2,591 1,792 (77,492) 23,272 17,768 |
53,351 500 (2,636) 42,519 16,490 |
|
| 110,224 |
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Engineers Without Borders UK