Company number: 05054123
Charity number: 1102826
GLOBAL ANGELS LTD
(A company limited by guarantee)
TRUSTEES, ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

GLOBAL ANGELS LTD
CONTENTS
Pages
Reference and administrative details
Trustees, annual report
Independent examinerfs report
Statement of financial activities
Balance sheet
10
Notes to the financial statements
11-16

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Trustees
Molly Bedingfield (CEO)
Mark Eddison
Renate Doma-Tanga
Principal/Registered Office
30 Manor Avenue
Brockley
London
SE4 IPD
Independent examiner
Jason Foxwell FCCA FCIE
PO Box 9846
Poole
BH15 9JZ

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2024
The Trustees (who are also directors forthe purposes of the Companies Act 2CK16) present their annual report
together with the financial statements of the charitable company for the year ended 30 June 2024.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum
and Articles of Association, and 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 1021.
Structure
Global Angels is constituted as a company limited by guarantee and a registered charity. The charit¢s
governing document is its Memorandum and Articles of Association.
The Global Angels Foundation is an international development organisation and the umbrella for this UK
registered charity and the US registered Global Angels (a Non-Governmental Organisationl.
The Board of Trustees in the UK and US hold primarily a legal and regulatoryfunction ensuring the Foundation
follows best practice principles and integrity in all areas and as such act as guardians of the vision and brand.
Together with the CEO, the Boards make the major decisions of the Foundation. The Board members in the
UK charity are also on the Board of the US entity. The Trustees bring their particular skills and experience to
the charity influencing our global business strategy by also serving as members of our International Advisory
Board and are involved in researching, vetting, selecting and monitoring our on the ground projects in the
field.
Global Angels Ltd administers the international operations of the organisations and, through Service Level
Agreements, is the International Office for the Foundation.
Global Angels International is owned by Molly Bedingfield. This holds the Global Angels Trademarks but is
currently dormant.
Global Angels Limited in Ireland has received charity Status and we will be considering whether to use this
entity in future.
Global Angels Ltd was set up in Kenya in the 2017/18 financial yearto manage operations in the Tsavo Project,
Kenya. Funds are being administered in Kenya from the UK office with local support staff employed in Kenya.
Members of the UK Board are Directors of the company, while all shareholders are Kenyan.
Molly Bedingfield is Founder and CEO of the Foundation, the US and Irish entity and one of the directors of
Global Angels Ltd, Kenya. As Founder, Molly is represented on each of the Global Angels Boards. Molly is
primarily working as International Development Project Manager of the Tsavo Project pioneering a model
community transformation as a flagship for the charity.
Trustees
The trustees who served during the year were as follows:
M Bedingfield (also CEO)
M Eddison {Company Secretary)
R Doma-Tanga

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2024 (Continued)
Trustees are appointed in accordance with the Articles of Association. Currently there are three Trustees-
one Founder Trustee with the other trustees serving one year at a time, with no maximum number of years
they may serve. The majority of trustees are experienced in the charity and business sector also serving on
the Board of other businesses and charities.
We are aware of the need to expand and evaluate the skills of Trustees and are reinforcing their education
in legal and regulatory areas, charity and employment law.
The Board of Trustees meet quarterly. There is an ongoing programme of individual meetings with Trustees
and the CEO and members of the Advisory Board.
The excellent quality of the International Advisory Board members as consultants and thought-leaders in the
business and charity world continues to be one of our greatest assets. This international team of
professionals and volunteers works with us in partnership, developing our marketing strategy, our corporate
governance, fundraising, events and providing grants to support our projects around the world.
Principal Objectives and Activities
Global Angels is an international organisation transforming disadvantaged communities around the world.
As an international charity and development organisation we develop, fund and replicate highly impactful
and sustainable solutions to empower communities, family by family, village by village.
Drawing on an international team of professionals and volunteers, we work closely with carefully chosen
local partners, providing vision, mission and strategy input, alongside on the ground management support.
Our funding helps to build long term capacity and sustainability of each project, providing resources for each
community such as safe drinking water, health care, education, sustainable energy and small business
development.
Our project development activities are supported by corporate partners, who use Global Angels to enable
their CSR strategy and employee engagement. This solid foundation is aligned with our inspiring IOOYO
Promise, which guarantee that every penny donated delivers high impact in the communities with whom we
are working.
Message from the CEO with overview of Achievement, Performance and Future Plans
For nearly two decades, Global Angels has remained steadfast in its mission to pioneer sustainable
solutions that empower some of the world's most marginalized rural communities. Against the backdrop of
escalating climate challenges, our commitment to regenerative agriculture, community resilience, and
sustainable infrastructure has never been more crucial.
The Tsavo Project- Scaling Sustainable Innovation
The Tsavo Project continues to be a transformative force in the Itinyi Valley, demonstrating what is possible
when sustainability, community engagement, and innovative building techniques converge. In March 2024,
we began building our Eco-Dome Village and will have completed six domes by mid-march 2025.

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2024 (Continued)
Alongside this, we launched our first 20-week Earthbag Eco-Dome Training Course, equipping 20 local men
with the skills to build climate-resilient, sustainable housing. This training not only fosters economic
empowerment but also 5tren￿henS our communitys capacity to lead future projects.
Advancing Regenerative Agriculture and Climate Resilien
Throughout the year, we've undertaken ambitious initiatives to enhance the resilience of the Global Angels
Farm in the face of climatic challenges. Our focus on regenerative agriculture practices, including contour
swales and water management, reflects our commitment to sustainable land stewardship. By capturing
rainwater and implementing drip irrigation systems in our orchards, we're not only mitigating erosion but
also fostering agricultural resilience. Additionally, we've initiated the construction of a solar-powered electric
fence around our farm and invested in solar water pumps to facilitate water transfer between our storage
tanks, water pans, and drip irrigation systems.
Continued Infrastructure Development and Community Engagement
Our commitment to regenerative agriculture remains at the heart of our work. This year, we have further
developed our water management systems, including swales, rainwater harvesting, and irrigation networks,
ensuring that our farm thrives despite unpredittable climate patterns. The introduction of additional tree
planting and biodiversity restoration efforts has reinforced our mission to create a self-sustaining ecosystem
that nourishes both people and the land.
Expanding Infrastructure and Strengthening Community Engagement
Infrastructure development continues to be a pillar of our efforts. In addition to building domes, we have
strengthened our capacity for food production by refining our shade houses, orchards, and livestock
management practices. The success of these projects has been driven by our hands-on training initiatives,
which provide community members with valuable skills in sustainable farming, construction, and resource
management. Our holistic approach-integrating employment, education, and environmental stewardship-
has created a model that is both replicable and scalable.
Education, Training and Economic Empowerment
Education remains a key driver of change. Through our workshops and training programs, we continue to
share knowledge on regenerative agriculture, natural building techniques, and climate resilience. The impact
of this education is already evident, with trainees applying their new skills to real-world projects, securing
employment, and even launching their own initiatives.
In addition to our construction training course, we have continued to provide employment opportunities
for local youth and community members. By offering sustainable livelihoods, we are not only reducing
unemployment but also fostering long-term economic empowerment within the region.

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2024 (Continued)
Looking Ahead . Our Future Vision
As we move forward, our vision is to deepen our impact and continue pioneering sustainable solutions that
empower communities. As part of this expansion, we will be welcoming eco-tourists and eco-volunteers who
will have the opportunity to stay in the domes, gain a deeper understanding of our work, and engage in
immersive experiences alongside ourteam and the local community. These visitors will participate in cultural
exchanges, practical learning opportunities, and guided activities that allow them to contribute meaningfully.
We are committed to expanding our initiatives, refining our practices, and fostering greater collaboration to
drive meaningful change. Our focus in the coming year includes-
Completing our first cluster of Eco-Domes and commencing construction on a second cluster of three
domes. We will also enhance our EarthbagTraining Programme, equipping more community members
with hands-on skills in sustainable construction.
Enhancing regenerative agriculture initiatives by expanding water catchment systems, introducing
climate-adaptive crops, and scaling up food production to improve food security.
Developing new ed ucation and skills-training initiatives, focusing on sustainable building, regenerative
agriculture, entrepreneurship, and ecological restoration to empower local communities.
Forging new partnerships and expanding collaborations with global organizations to amplify our reach,
share knowledge, and accelerate climate-resilient solutions tailored to the needs of our community.
In Closing
None of this would be possible without the unwavering support of our partners, donors, volunteers, and
dedicated team. Together, we are proving that sustainable transformation is not just possible-it is
happening, one step at a time.
As we continue building a future rooted in resilience, innovation, and community-led development, we invite
you to stand with us in creating lasting change. Thank you for being part of this journey.
This year, we celebrate 20 years since Global Angels was launched. Thank you for being part of our journey
and for your unwavering support.

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2024 (Continued)
Global Angels 100% promise
Every penny we receive from public donations goes to deliver resources in our projects bringing solutions
such as safe drinking water, education and healthcare and small business development.
Designated funds remaining in the bank account are to be distributed according to grant proposal
agreements. Our administrative and operational costs continue to be funded thanksto ourAngel Club donors
and our Corporate Angels, donating in-kind or designating cash donations directly to our Development Fund.
Risk Management
l. Potential project partners are carefully researched and vetted before we choose to work in any
location. Where possible, we partner where we are able to work closely as a member of the
management team of a project ensuring best practice is followed. Our Advisory Board of experts in
the charity, business, scientific and medical world are part of this process, helping oversee and visit
projects when possible. The experience, skill, reputation and personal integrity of these members of
our Angel Team are a great asset to us and help minimise risk.
2. Contracts between Global Angels and our partners agree to strict criteria on use of funds, reporting,
feedback and accountability. Most partners are established and respected charities with their own
auditing procedures in place which, added to our own internal and external auditing procedures,
helps ensure integrity of our funds.
3. We also have a stringent accounting procedure with checks and balances incorporated that ensure
designation of donations are carefully reported and filed, and then funds used accordingly. At
anytime we can follow up and check what stage of the process any donation is in. We have separate
accounts for all money donated to projects and all funds raised specifically for operations.
4. We advertise our Global Angels 100% Promise wherever possible so that our policy and practice is
clear.
5. Our grant policy does not allow outside bodies or individuals to approach us directly with proposals
for funds. We research highly recommended projects ourselves and, if suitable, we then invite a
proposal and partnership. We seldom partner with start up projects without previous proof of
success and reference. This greatly reduces our labour and risk.
6. Being an international organisation with a strategy of partnership with other charities and social
enterprise, and also relying heavily on pro-bono business relationships, contracts are essential to
minimise risk to the charity financially and to our brand. Bryan Cave in the UK and the African Legal
Network in Kenya ensure we have all appropriate contracts so that, together with our accounting
team, we can maintain excellent business practice.

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2024 (Continued)
Grant policy
The process for committing funding to a project involves carefully researching and vetting projects to see if
they fit the Global Angels criteria for consideration. Most often this process involves appropriately placed
and experienced Advisory Board members and Global Angels staff nominating a project they know
thoroughly and have direct access to, with close personal involvement. We do not solicit uninvited proposals
from charities that are not first thoroughly researched by our Project Team.
Through our IOOYO Promise we guarantee that every penny given by the public goes to providing tangible
resources that the donor can "see, touch and feel" such as housin& education, agriculture, water collection
and storage, medical facilities, classrooms etc.
This progressive model of charity rests on an integrity and transparency level that inspire5 confidence and
trust in an increasingly educated and concerned public who want to know that their funds are used where
they make the most impact and as designated. Our model aligns itself with the five key principles of best
practice according to the Institute of Fundraising: honesty, respect, integrity, empathy and transparency, to
keep the trust and confidence of our donors intact.
Trustees, Responsibility Statement
The Trustees (who are also directors for the purposes of company13w) are responsible for preparing the
Trustees, Report and financial statements in accordance with applicable law and UK Accounting Standards.
Company law requires the directors to prepare financial statements for each financial year. Under company
law, the directors must not approve the financial statements unless they are satisfied that they give a true
and fair view of the state of affairs of the charitable company and of the income and expenditure of the
charitable company for that period.
In preparing these financial statements, the Trustees are required to:
Select suitable accounting policies and then apply them consistently;
Observe the methods and principles in the Charities SORP-
Make judgements and accounting estimates that are reasonable and prudent;
State whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements; and
Prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue to operate.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the charitable company's transactions and disclose with reasonable accuracy at any time the financial
position of the charitable company and enable them to ensure that the financial statement comply with the
Companies Act 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 preparing this report, the Trustees have taken advantage of the small companies exemptions provided
by Section 415A of the Companies Act 2006.
This report was approved by the Trustees on 31 March 2025 and signed on their behalf by:
Molly Bedingfield
Trustee and CEO

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF GLOBAL ANGELS LTD
FOR THE YEAR ENDED 30 JUNE 2024
I report to the charity trustees on my examination of the accounts of the Charitable Company for the year
ended 30 June 2024.
Responsibilities and basis of report
As the charity's trustees of the Charitable Company land 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 20061'the 2006 Act'l.
Having satisfied myself that the accounts of the Charitable 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 Charitable Company's accounts as carried out under section 145 of the Charities Act 2011 {'the
2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission
under section 14515) {b) of the 2011 Act.
Independent examinerfs 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:
accounting records were not kept in respect of the Charitable 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 lapplicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS 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.
Jason Foxwell FCCA FCIE
independent-examiner.net
PO Box 9846, Poole, BH15 9JZ
Date.. 31 March 2025

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
STATEMENT OF FINANCIAL AcfiviTIES
(incorporating an Income and Expenditure Account)
FOR THE YEAR ENDED 30 JUNE 2024
Notes
Unrestricted
Funds
Restricted
Funds
Total
Funds
2024
Total
Funds
2023
Income from:
Voluntary income
Investment income
68,985
30
45,264
114,249
30
128,266
31
Total income
69.015
45.264
114,279
128,297
Expenditure on:
Raising funds
Charitable activities
838
82,813
838
107,307
1,693
127,589
34,494
Total expenditure
83,651
34,494
108,145
129,282
Transfers between funds
Net movement in funds
(4,636)
10,770
6,134
(985)
Reconciliation of funds:
Total funds brought forward
28,607
2,250
30,857
31,842
Total funds carried forward
li
23,971
13,020
36,991
30,857
All of the charitvs activities derive from continuing operations.
The notes on pages 10 to 15 form an integral part of these accounts.

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
BALANCE SHEET AS AT 30 JUNE 2024
2024
2023
Notes
Fixed Assets
Tangible assets
Investments
201
Current Assets
Debtors
Cash at bank
85,707
23,024
108,731
9,963
32,086
42,049
Creditors: amounts falling due
within one year
(30,9421
(1,194)
Net current assets
77,789
40,855
Total assets less current liabilities
77,991
40,857
Creditors: amounts falling due
after more than one year
(41,0001
iio,0001
NET ASSETS
36,991
30,857
The funds of the charity:
Restricted funds
Unrestricted income funds
io
13,020
23,971
2,250
28,607
36.991
30.857
The trustees considerthatthe charitable company is entitled to exemption from the requirementto have an audit
under the provisions of section 477 of the Companies Act 2006 (the Act) and members have not required the
company to obtain an audit for the year in accordance with section 476 of the Act.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to accounting records and for preparing accounts which give a true and fair view of the state of affairs
of the charitable company as at 30 June 2023 and of its net movement in funds for the year in accordance with
the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the
Act relating to accounts, so far as applicable to the company.
These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act relating
to small companies.
The accounts were approved by the trustees, authorised for issue and Signed on their behalf by-
Molly Bedingfield
Trustee and CEO
Date: 31 March 2025
The notes on pages 10 to 15 form an integral part of these accounts.
10 | Page

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2024
I. ACCOUNTING POLICIES
1.1. Basis of preparation of the 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 IFRS
102) {effective l January 2015)- (Charities SORP {FRS 102)), and the Companies Act 2006.
Global Angels Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities
are initially recognised at historical cost or transaction value unless otherwise stated in the relevant
accounting policy notes.
The charity has taken advantage of the exemption in Section 398 of the Companies Act 2006 from
the requirement to prepare consolidated financial statements, on the grounds that it is a small
group. The charity has also taken advantage of the SORP Bulletin I published on 2 February 2016
to not publish a cash flow statement in these accounts.
1.2. Going Concern
The trustees consider that there are no material uncertainties about the charity's ability to
continue as a going concern nor any significant areas of uncertainty that affect the carrying value
of assets held by the charity.
1.3. Income
Income is included in the Statement of Financial Activities when the charitable company has
entitlement to the funds, certainty of receipt and the amount can be measured with sufficient
reliability.
1.4. Expenditure
Expenditure is charged to the Statement of Financial Activities on an accruals basis as a liability is
incurred.
1.5. Tangible fixed assets and depreciation
Individual tangible fixed assets costing £500 or more are stated at cost less depreciation.
Depreciation on tangible fixed assets is provided at rates calculated to write off the cost orvaluation
of those assets, less their estimated residual value, over their expected useful lives on the following
bases:
Computer and office equipment
33.33% straight line

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2024 (continued)
I. ACCOUNTING POLICIES (continued)
Foreign exchange
Transactions in foreign currencies are recorded at the rate of exchange at the date of the
transaction. Monetary assets and liabilities denominated in foreign currencies at the balance
sheet date are reported at the rates of exchange prevailing at that date.
Fund accounting
Designated funds comprise unrestricted funds that have been set aside by the trustees for
particular purposes. The aim and use of each fund is set out in the notes to the accounts.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed
by donors or which have been raised by the charitable company for particular purposes. The
costs of raising and administering such funds are charged against the specific fund. The aim and
use of each restricted fund is set out in the notes to the accounts.
2. VOLUNTARY INCOME
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
Donations to projects
Donations to Development Fund
Angel Club
Corporate Angel
Gift aid reclaimed
Volunteer Programme
45,264
45,264
49,487
8,709
29,920
10,025
20,331
3,735
29,920
10,025
20,001
19,134
39,988
157
19,500
£68.985
£45.264
£114,249
£128,266

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2024 (continued)
3. EXPENDITURE ON CHARITABLE AcfiviTIES
Unrestricted
funds
2024
Restricted
funds
2024
Total
costs
Total
costs
2024
2023
International Project Expenditure
Wages and salaries inc NIC
Insurance
Telephone
Travel and subsistence
Book-keeping
Other
27,904
888
545
6,942
4,506
100
27,904
888
545
6,942
4,506
loo
29,868
860
470
7,867
5,230
933
40.885
40,885
45.228
Education, awareness and marketing
Wages and salaries inc NIC
Computer software/maintenance
Advertising, marketing and PR
Telephone
7,755
116
257
544
7,755
116
257
544
8,363
99
980
470
8,672
8,672
9,912
Project costs (Tsavo Project. Kenya)
13,967
34,494
48,461
65,323
Support/other costs
8,852
8,852
6,316
Governance costs
437
437
810
Total expenditure
£72,813
£34,494
£107,307
£127,589

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2024 (continued)
4. TRUSTEES
One trustee, Molly Bedingfield, received remuneration of £9,000 (2023 - £36,000) from the charity
during the year for her seniices as CEO and International Project Manager.
5. STAFF COSTS
Staff costs were as follows-
2024
2023
Wages and salaries
Social security costs
36,000
928
36,000
3,825
£36,928
£39,825
There was one employee of the charity in both years, Molly Bedingfield. Molly receives a salary as
CEO and International Project Manager of the charity.
6. TANGIBLE FIXED ASSErs
Equipment and
Total
Cost or valuation
At l July 2023
Addition
300
At 30 June 2024
7,744
Depreciation
At l July 2023
Charge for year
7,443
100
At 30 June 2024
7,543
Net book value
At 30 June 2024
£201
At 30 June 2023
El
14 | Page

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2024 (continued)
7. DEBTORS
2024
2023
Trade debtors
Balance held in Global Angels US
Balance held in Global Angels Kenya
Wages and HMRC debtor
VAT debtor
4,998
5,001
4,962
69,602
11,089
18
£85,707
£9,963
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditors
Salary costs owed to Molly Bedingfield
Balance due from Global Angels US
io
27,000
3,932
1,194
£30,942
El,194
9. CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR
2024
2023
2006 loan
Cashflow loans from Molly Bedingfield
10,000
31,000
10,000
£41,000
£10,000
The cashflow loans from Molly Bedingfield are due for repayment within 5 years.
15 | Page

GLOBAL ANGELS LTD
YEAR ENDED 30 JUNE 2024
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2024 (continued)
10. RESTRicfED FUNDS
Balance as at
ljul 2023
Income
Expenditure
Transfers Balance as at
30 Jun 2024
San Jose/Philippines
Kenya
Any projects
2,250
750
34,494
10,020
3,000
148,4611
13,967
10,020
£2,250
£45,264
(£48,461)
£13,967
£13,020
The San Jose/Philippines fund represents funds to provide reconstructive surgery for children with cleft lip
or cleft palate.
The Any projects funds represents funds donated for any projects of the charity.
11. ANALYSIS OF NEf ASSETS BEfwEEN FUNDS
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Creditors due in more than one year
201
201
95,711
(30,9421
(41,OCK)I
13,020
108,731
130,942)
141,000)
42,049
(1,194)
{io,000)
£23,971
£13,020
£36,991
£30,857
12. RELATED PARTY TRANSAcfioNS
Global Angels (US)
At the balance sheet date, the amount owed from the Usto Global Angels was £3,93212023- monies
held in US of £4,962).
Molly Bedingfield
Molly loaned £36,000 to the charity during the year, of which £5,(X)O has been repaid, leaving a
balance of £31,000 owed to Molly at the year end date. Molly is a trustee of the charity.
16 | Page