Annual Report of the Trustees of Friends of CME (Centre Medical Evangelique) Trust For the year ended 31st March 2024 The Charity does not own or use any premises other than the homes of the Trustees. The Charity's correspondence address is: clo Mr C Almond 295 Hillgrounds Road, Kempston, Bedford, MK42 8TH Charity Registralion Number: 1104119 Contents of the Financial Statements for the Year Ended 31 March 2024 Page Charity Information Annual Report of the Trustees 2to3 Independent Examiners Report Income & Expenditure Account Balance Sheet Movement on restricted funds 7t08 Notes to the financial statements Friends of CME (Centre Medical Evangelique) Trust For the year ended 31 March 2024 Charlty Information Bankers.. National Westminster Bank 81 High Street Bedford Bedfordshire MK40 1YN Independent Examiner: A Di Lorenzo (FCA) HW Bedford Limiled First Floor, Woburn Court 2 Railton Road Woburn Industrial Estate Kempston MK42 7PN Legal Advisors: Machins Victoria Street Luton LU1 2BS Annual Report of the Trustees of Friends of CME (Centre Medical Evangelique) Trust For the year ended 31 March 2024 The Charity does not own or use any premises olher than the homes of the Trustees.The Charity's correspondence address is . clo Mr. C. Almond 295 Hillgrounds Road . Kempston. Bedford MK42 8TH The Charity commenced operations in January 2004 and was registered with the UK Charities Commission on 4 June 2004. Its Charity Registration Number is 1104119. The Charity is also registered with the HM Revenue & Customs under Reference Number XR 79313, Constitutional Documents The Charity's Trust Deed was approved on 4 May 2004 and governs the objects and operations of the Charity Objects of the Charity The objects of the Charity are set out in its Trust Deed and are as follows: To advance education, particularly in community heallh promotion, disease and sickness prevention and in the form of medical personnel training. and the relief of sickness and the relief of povety. In particular, but not exclusively by supporting the work of the Centre Medical Evangelique ( CME) in the Dernocratic Republic of Congo (DRC) by the provision of funds, equipment and other resources and any other exclusively charitable means as the Trustees in their absolute discretion think fit. Trustees The Trustees below all held office during the year up to and including 31 March 2024. The names of the current Trustees are: Chris Almond Justin Burdon Chris Heard Hannah Morrell Remy Toko In selecting individuals for appointment as trustees, the trustees have regard to the skills, knowledge and experience needed for the effective administration of the Charity. Annual Report of the Trustees of Friends of CME (Centre Medical Evangelique) Trust For the year ended 31 March 2024 Reserves Policy The Charity does not intend to hold unrestricted resenies Sin￿ its aim is to grant funds received as soon as possible to support its objectives in the Democratic Republic of Congo and the Charity has no significant operating costs apart from these grants. Investment Pollcy The Charity does not intend to have long term surplus funds and so any bank balances held in excess of working capital needs are invested in bank deposit accounts and no investment policy has been established. Grants Made Grants are made to projects according to assessments made by Ihe Trustees of the needs the Charity is trying to fulfil and its ability to fund them. The Trustees gather information from a number of sources including contacts with individuals and organisations working on site in the Democratic Republic of Congo and from personal visits from time to time. In addition, the Trustees use contacts with other UK charities and individuals working in the country. The effectiveness of the grants in meeting the objectives of the Charity is monitored by the Trustees receiving reports from time to time from the CME. A list of the various types of support given by the Charity is set out on page 6 of the financial statements. We are providing funds to subsidise the hospital bed costs for the most vulnerable and to pay for their medical treatment including the costs of any operations. Some support is also given to subsidise personnel, including training. costs for employees of CME. We also provided funds for needy children to go to school in the Nyankunde area as well as supporting orphaned children in Beni and Oicha. We have provided £183,000 to build a new hospital in Sose near Beni. Approved by the Trustees on the 4th August 2024 And signed on their behalf by Chris Almond (Trustee) Independent Examiner's Report to the Trustees on the Unaudited Accounts of Friends of CME Trust For Ihe year ended 31st March 2024 l ieport on the accoun15 of the charitsble company for Iha perlod ended 31st March 2024. which are sel out on pages 5 to 9. Respon8ibIli￿o5 and ba$ls of rèport The charity's Iruslees are responsible for the preparaion of the accounts. The charity's Iwstees consider that an audit Is not required foi this year under section 144{2) of the Charit￿S Act 2011. An independent axaminalion Is needed and il is my responsibility to.. examine the accounts under sedion 145 of the 2011 Acl: to follow procedures laid down in the general Directions given by the Charity Commissioners to slate whether particular mattels have com8 to my attenlion and under section 14515}{bl ol the 2011 Act., and Independent oxaminor's statement My examinaliors was carried out in accordanLe willi Ihe geneial Direclions given by the Charity Commission. An examination includes a review of the accounling records k8pl by the tharity and a Comparison of the accounts presented with those records. It also includes consideration of any unusual Items Of disclosures in the accounts. and 5e8king gxplanalions fron) you 88 Iruslees concorning any such malteTs. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a.true and fair Vie￿ and thg report is limited to thos8 mall@rs Set out in the Slalemenl below. In connéction wilh my examination, no matter has Come to my attention: which gives ma reasonable ¢aus6 lo believe Ihat, in any material respect, th• requirements: to keep a¢¢ounling records in accordance with section 130 of the 2011 Act,. and lo prepare a¢xounts which accord wilh the ac¢ounling records and comply with the accounting requimenls of Ihe 2011 Act I have no concerns and have come across no other mallars in connedion with th8 examination lo which atl lion should be drawn in Ihis report in order lo enable a proper understandin9 of the accounts lo be A Oi Lorenzo FCA HW Bedford Limited First Floor, Woburn Court 2 Railton Road Woburn Road Industrial Estate Kempslon Bedlord MK42 7PN Dale= Frionds of CME Trust Receipts and Payments account For the year ended 31 March 2024 2024 2023 Transfèrs Between Reserve5 Incom8 Rè5trlcted Total Total Personnel support 8eni orphans in Oicha Fundraising events lor Oicha orphon5 Equipnient with Med￿￿ Nyankunde area schods 3eni new IK)spil81 Nyankunde physiolherapy Independent Examination 31 35.046 5.376 31 35,046 5,376 375 49,060 5,774 516 60 516 60 600 475 240 600 Totol rèstrlcted Incom• 42.129 41,fj29 S6,S24 Unre8trlctèd donatlon¥'. 14.783 14,783 8.941 Total Incom• 42.129 14.783 56,912 Spent from R¢$trl¢l•d Incom• Sp•nt from UDroStrlcled Income Exp¥ndltur• Total •Mp8ndltur• Total exp•ndSturg P•rsonnel supporl Sponsor-É-hospilal bed Wonien8' projects Beni Orphange 8n¢J schoolir4J 8eni orphans In Oicha Essential medidnes Es$•nlial operallon8 Fundraislng events lor Olcha orpha Nyankunde orea schools Indopendent ex8min8ti¢n 339 21 8,730 360 8,730 840 10,125 20,041 20,041 1.440 5,520 9,433 2.171 1,200 S6,381 1,680 6,440 1,729 2,067 1.440 5,520 9.433 1.671 Total *xp•ndlture Income I•s8 expendlturg In year 2,599 13,797 6alBnce¥ brought forward at 1 April 2023 14.718 9.171 23.889 37,686 B41gnces carrled forward at 31st Morch 2024 31.906 Friends of CME Trust Balancè Sheet As at 31 March 2024 2024 Total 2023 Tot31 Re$trieted Unr85tr4Cted Cash at bank and in hand 25,335 6,572 31,907 23,889 Debtors- HMRC Gift cSaims 2.750 1,024 3.774 5.047 Creditors N¢t Asse18 28,936 Rogerv¢¥.' cash bal4neès 25.335 6,572 31,W7 23,889 Re8ery¥s: debtor* 2.750 1.024 3,774 5,047 28,085 35,681 Th? Balance Sheet was 8pproved by Ihg Trust￿ on Ihe 41h AugLL8t 2024 Slgned on behall of the Trustees C Almond Trustee Friend8 of CME Trust Movements on Restricted funds Forlhe year gndgd 31 March 2024 Transfers and Receipts 8alan¢e at 31 MDreh 2024 BalJne• al 31 March 2023 At 1 April 2023 Paymènts P9rsonnel support 307 31 (3391 307 Benl orphans in Olcha 2.759 35.046 120.0411 17,764 2.769 Fundralslng evenl$ for Olcha orphan8 7.514 5.376 19.4331 3,457 7.S14 Ny•nkund8 ar•a school$ 15CKII equlpm&nl wlth ModAld 80 800 Bonl now hospl¢al 925 516 1,441 92S Independent Examinollon 61x1 {1,2001 Nyankund• phyglotheropy 1.813 1.873 1,813 Tolol R•strlcted Funds 42.129 31,513 25,334 Friends of CME (Centre Medical Evangelique Trust Notes to the financial statements For the year ended 31 March 2024 Porsonnel support These provide funds to help train and support those helping to njn proiects furK18d by the Charlty. Beni orphans In Oicha Various fundraising campaigns and regular restricted donations have been designated lo help the displaced orphans from Benl who ralocaled to Oicha b6cause of the death of their pargnls from militia atlacks. The funds are used to provide food, counselling and schooling. In 2024, 289 children benefited from this program al a cost of £95 a year. Benl naw hospltsl CME are building a new hospital on land they have acquired in Beni. This is replacing the buildings il currently ￿nts in the centre of the town. To dale, wilh £183,000 of funds provided by the Charity, CME has been ablo to construct an operatin9 theatre, an intensive care block, mgtarnity ward, a male ward, a paedialric ward, a secur8 fence around the site and to acquire needed equipment. Nyankundg phy8loihefapy These lund3 have been raisèd lo help fund a physiolherapisl and the phy510 work at or near the CME hospitals. Friends of CME (Centre Medical Evangelique Trust Notes to the finan¢ial siatements For the year ended 31 March 2024 (al General informallon and basls of p¥eparatlon Friends of CME (Centra Medical Evangelique) Trusl is a charity in England. In the event of the charity bèing wound up, the liability in rèspect of the guarantee is limlled lo £1 per member of the charity. The nature of Ihe charity's operation$ and principal aclivili8s are to advance 8ducalion and promote good health in Congo. Th8 financial statements are prepared on a going concem basis under the historical convention. modified to include c8rt8lA ilems at fair value. The financial slalemenls are presented in sterfin9 which is the lunctional ¢ufrency of the chafity and roLsnded to Ihe nearest pound. The significant accounhng policies applied in preparation of these* financial slalements affj set out below. These policies have been consislenlly applied to all year8 presented unless othep•Jise staled. {b) Funds Unrestri¢led funds are avallable for use at the dlscretion ol the tru8lees in furtheTan¢8 of lh8 general objactives of the tharity and which have nol bean designated for other purposes. Resl(1¢18d fund5 are to bg used in accordance ￿￿th SP￿4[￿ re8lrlclions imposed by the donors or which have been roised by Ihe chairty lor particular purposes. The cost of raising and administering su¢h funds are charged against the specific fund. The aim and use of each r88lricled fund is 8el out in Ihe notes on page 8. Ic) Incomè rocognltlon All Incomlng rgsources are included in the state￿nt of Finanual Aclivilies (SOFA) when lh8 charity is legally enlilled to the income after any performance condition8 have been met, lh8 amount can be m8asur8d reliabty and il is probable that the income will be received. For donations lo be Tocognused Ihe charity will have been notllied of the amounts and the settl8m?nl date in wrillng. If Ihare are ¢ondillons alla¢hed lo the donation and Ihis requir&$ a level of performance before enlillemgnt can be oblalned than income 18 deferred until thos6 ondilions are fully mel or thg fulfilmenl of thos? ¢ondilion8 is within control ol the charity and il is pfobablg Ihal they will be fulfilled. No amounl Is included in the financial statements for volunlaer lime in Ilne with the SORP (FRS 102).