FOREVER ANGELS UK LIMITED (A company limited by guarantee and a registered charity) ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31st MAY 2024 Company Number 5449185 Charity Number 1111873
FOREVER ANGELS UK LIMITED (A company limited by guarantee and a regislered charity) INDEX TO ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 318t MAY 2024 Page Company Information Trustees, Report Statement of Financial Activities Balance Sheet Notes to the Flnancial Statements 10-13 Independent Examinef s Report 14
FOREVER ANGELS UK LIMITED (A company limited by guarantee and a registered charity) COMPANY INFORMATION Directors and Trustees Diane Mitchell Valerie Lithgow Peter David Mitchell Kirstin Rebecca Datta Kate Elizabeth Daykin Elizabeth Geraldine Ann Cassidy Shauneen Kelly Jacqueline Madden (Chair) (Secretary) (Treasurer) Company number 5449185 Charity number 1111873 Date of incorporation 11 May 2005 Registered office 107 Weston Lane Basford Crewe CW2 5NJ Bankers The Co-operative Bank plc PO Box 101 l Balloon Street Manchester M60 4EP
FOREVER ANGELS UK LIMITED (A company limited by guarantee and a registered charity) TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MAY 2024 The Trustees present their report and the accounts for the year ended 31st May 2024. Incorporation The Company was incorporated, on 11th May 2005 and became a registered charity on 31 sl October 2005. The Trustees are also the Directors of the charitable company for the purposes of Company Law. Objectives and Actlvlties The principal activity of the Charity is to fundraise for, and support, the activities of Forever Angels Tanzania which are to relieve poverty, sickness and distress, the advancement of education and the preservation and protection of good health amongst orphaned, abandoned, and unwanted children and thèir families in Tanzania, in particular by the provision, maintenance and support of family stylè homes, and by outreach work in the local communities. structure, Governance and Managemont of the Charlty The Charity has a Trustee Board who normally meet up to eight times a year, comprising a Chair, Secretary, a Treasurer together with, currently, five other Trustees. Since the Trustees live in various locations across England, Trustee Meetings are nornally held remotely using Zoom. For the 2023124 Financial Year, the Charity had one employee, the Project Director and Founder,who also normally attended Trustee Board meets'ngs and provided progress reports to these meetings on UK activities and the work of the Forever Angels Tanzania Family Homes and the Maisha Matters projects. At each Trustee Meeting, the Trustees normally review the financial status of the Charity, particularly income, expenditure and reserves, fundraising issues, together with anything of significance that rnight impact upon the progress or success of the charity. The Charity's employee is also responsible for all fundraising grant applications. The detailed financial records are maintained by the Secretary and reviewed by the Tieasurer who is also responsible for the formal submissions to Companies House and the Charity Commission. The financial status of the Forever Angels Tanzania NGO, which the Charity supports, is monitored by the Project Director and Founder and requests are made to the Finan Committee, comprising the Chair, the Secretary and the Treasurer for grants to be made to Forever Angels Tanzania, on a case- by-case basis. Grants made are routinely reported to the full Board but, if special requests for funds are made these are referred lo the full Board for discussion before a decision is made.
FOREVER ANGELS UK LIMITED (A company limited by guarantee and a registered chanty) The Charity's goveming document and policies are reviewed on a periodic basis. Public Benefit The Trustees confirm that they have referred to Ihe guidance contained in the Charity Cornmission's general guidance on public benefit when reviewing the Trust's aims and objects.ves and in planning future activities and setting the strategy for the year. Achlevements and perfomianc8 Forever Angels Tanzania now operates Family Style Homes (fomerly a Baby Home) to care for orphaned and abandoned babies and runs the 'Maisha Matters, project in Mwanza, It also supports 'Maisha Matters, projects at three other sites in Tanzania (Geita, Arusha and Dar es Salaam) through a Social Franchise model. Maisha Matters provides an information, advice, and support network to enable babies who would often be abandoned to remain in the care of a close relative. It should be noted that tho Social Franchise agreement with the original Maisha Matters partner in Arusha wa6 severed in March 2024 but a new pather (AAIDRO) in Arusha has now become a Maisha Matter partner from August 2024. AS explained below in the financial review, Forever Angels UK Ltd provided grants which met 56 % of the running costs of Forever Angels Tanzania's involvement in these projects. A small amount of support came from within Tanzania, some from trust funds, with the remainder from Forever Projects in Australia and Forever Angels USA. Whilst all part of the Forever Angels 'family' with similar objectives, they are all independent organisations. The biggest single item of expenditure in Tanzania continued to be the employment of local staff at just over 400/0 of total costs. Forever Angels Tanzania pays its staff fair and. by local standards. generous salaries. As a consequenGe, we have a loyal and hard-working group of care and support staff, all Tanzanian nationals, dedicated to the welfare of the babies in our family style homes, and the Maisha Matters projects. The well-trained FA Tanzanian managers continually demonstrate their professionalism and competence in keeping everything going well in Tanzania, with the lightest of touches of support from the UK. Since Forever Angels was established in 2005, some 482 babies have been admitted to our care. The fact that only 17 entered in the last year reflects the success of the Maisha Matters approach where 406 babies received support and remained in the care of their families. In addition, support was given to help set up 69 small businesses which themselves had 430 beneficiaries. Malaria prevention continues to be a key focus, and 167 nets were given out last year. Maisha Matters work now takes slightly under one third of the Tanzanian budget. The 'Family Homes, model, which replaced the'Baby Home, model in November 2022, was successfully consolidated during 2023124 and has been a celebrated success. This approach builds on eviden from across the world, demonstrating that children thrive when they are raised in a nurturing, family-like environment. In such settings, thildren feel more secure, develop stronger emotional bonds, and experien greater overall happiness compared to institutional care. Each of the four family homes in Mwanza provides a stable and loving environment for up to eight children, all under the dedicated care of a 'Mama' and an 'Aunt.' These caregivers are carefully selected and trained to provide round- the-clock attention, emotional support, and loving tailored care for each child. The smaller group size allows for individual needs to be met, fostering close relationships and a sense of belonging for every child.
FOREVER ANGELS UK LIMITED (A company limited by guarantee and a registered charity) The homes are designed to mirror the structure and warmth of a traditional family, with shared meals, celebrations, and opportunits'es for play and learning. Through the Family Homes model, Forever Angels has created an environment where children are not just cared for but are truly loved and valued, providing the foundation for them to grow into confident, capable individuals. The above describes only a sample of the achievements of the Forever Angels family. A much fuller picture providing considerably more details of the successes and achievements can be obtained from the Report and Strategic Plan which is available on the Forever Angels website: v.f0reVeran els.or Financlal Revlew INCOME." The 2023124 FY saw a drop in income from the previous year's eXptIOnal level of £314K, to £248K . This is more consistent with our usual target which is to receive income of around £250K and it was reported in 2023124 that last yea¢s income was enhanced by the appeal for support to fund the transition to the family homes style of care, However, as ever, we must continue to thank the loyalty of our cohort of regular donors who maintained their previous level of donations which this year contributed over one third of FAUK'S income, A further 50/0 again came from those individual donors who took advantage of the UK Government's Gift Aid Scheme. Around 300/0 of our income came from trust funds, with the remainder being some very generous one-off donations from a variety of sources. The Forever Angels family remains extremely gratefvl to all its supporters, whether they be large or small, and without whom none of our work helping disadvantaged babies and families in Tanzania could be achieved. The change to our investment arrangements in 2022123 by transferring funds to a Virgin High Interest account continued to bear fruit. Together with interest from our Coop savings account, the total interest received in 2023124 was over £6000 (cf 2022123 £1309). EXPENDITURE." FAUK returned to only having one employee, the Project Manager and Founder, throughout the year. This inevitably lowered our employment costs, although a further cost of living salary increase was applied to this salary. Grants to Forever Angels totalled £196,000 (cf 2022123, £226,000) This contributed a little less than last year at 560k { cf 22123; 600/0) of the year's running costs of Forever Angels Tanzania. A further 25 % (cf 22123,20 % ) came from our Forever Projects friends in Australia and Forever Angels USA, some 17 % from trust funds, and an additional 2 % raised locally. The various proportions of FAUK'S expenditure in 2023124 were 82% being spent on grants to Forever Angels Tanzania, 14 % on its UK based staff, and the remainder being spent on administration and miscellaneous items. FAUK Ltd, which is both a registered charity and company limited by guarantee, has only the one member of staff employed on a full-time basis. All its other functions in the UK are carried out by members of the Trustee Board on an entirely voluntary and unpaid basis. It is justly proud that only one fsfth of funds raised are spent on staff and administration. FAUK income in 202314
FOREVER ANGELS UK LIMITED (A company limited by guarantee and a registered charity) again generated a small profit (£8.5K ) and we were able to transfer an additional £15K into our Virgin investment account. The current account balan at the end of the year was nearly £19K. Total invested reserves at the end of the year were £177K (cf 2022123 £155K) and we ¢ontinue to maintsin reserves comfortably above our target of holding a minimum of six month's costs. FUTURE PLANS.. As explained above, FAUK is still comfortably maintaining its reserves policy of having six month's expenditure available. Our generous Forever Projects friends in Australia continue to be an extremely valuable source of funds to the Tanzanian projects and we will also be looking in 2024125 for help from the antipodes to fvnd a replacement for the existing main vehicle in Mwanza, an ageing Toyota Landcruiser. This vehicle is used for day to day transport to and from the family homes but also for home visits to Maisha Matters families. Many roads in Tanzania are in an appalling condition and this vehicle is often required lo leave these and travel cross country on extremely challenging terrain. The current vehicle is subject to frequent breakdowns and improvised repairs. A replacement in 2024125 will be a priority. The charity sector is suffering badly from the UK'S current financial situation and marty charities arè known to be closing down. One of FAUK'S many strengths has been its diversity of income sources - generous loyal regular donors. multi-year support from trust fvnds, corporate sponsors, and many spontaneous one-off donations, often of a conslderable Size. However, fundraising continues to be the heart of the Trustee Board's concems. As in recent years, there is still too much risk associated with arranging a major fundraising event such as a dinner and charity auction, but we also recognise that we need to maintain and support our loyal donor base. However, we cannot, nor should not, continually call upon the same people to provide us with additional financial support. To this end, much focus will continue in 2024125 will be on attracting support from small but often generous charitable foundations and at least one major international foundation. We continue to try and spread the Forever Angels, message to a wider audience, and to keep under continual review our volunleer policy. Volunteers have, in the past, provided both a valuable additional resource to our work and created a new set of contacts with accompanying fund-raising opportunities for Forever Angels UK Ltd. The period 2023124 saw the initial return, following Covid restrictions, of a few volunteers to deploy their skills in Mwanza. The volunteer policy is very much focussed on encouraging skilled professionals rather than young people looking for a life experience and we expect the numbers of volunteers to increase during 2024125. We stlll recognise that digital fundraising is having a major impact on the Third Sector. We continue to have some limited success in this area through the Donorsee platfomi but are still looking to increase our digital fundraising knowledge and improve our income whilst, at the same time, not becoming a 'victim' of some of the potential pittalls of increasing our Social Media exposure. We had hoped to use our more comfortable financial position to increase the number of Maisha Matters partners in 2023124 but, as explained above, we had to terminate our social franchise agreement with our Arusha Partner. HOTever, a new partner has been identified in Arusha, who are keen to adopt the policies, procedures and standards of Maisha Matters and we expect to formally Confirm an agreement with AAIDRO, in the year. This will involve, as with all our Maisha Matters partners providing some seed funding for milk purchase etc to get them established. There are no other plans to expand Maisha Matters during the year.
FOREVER ANGELS UK LIMITED (A company limited by guarantee and a registered charity) Directors and Trustees The trustees who served during the year are as ststed below: Diane Mitchell Valerie Lithgow Peter David Mitchell Kirstin Rebecca Datta Kate Elizabeth Daykin appointed 4th September 2023 Elizabeth Geraldine Ann Cassidy Shauneen Kelly Jacqueline Madden (Chair) (Secretary) (Treasurer) Auditors The Company is exempt from audit under the Companies Act 2006 and Charities Act 2011. The annual report and accounts have been prepared in accordance wlth the requirements of Statement of Recommended Practice for Charities (Charities SORP) and the Companies Act 2006 as applicable for a small charitable company. By order of the Board Peter Mitchell TrusteelDirector Date.. STATEMENT OF TRUSTEES RESPONSIBILITIES The Trustees are responsible for preparing the annual report and the accounts in accordance with applicable law and regulations. Company and charity law requires the Trustees to prepare accounts for each financial year. Under that law, the Trustees have elected to prepare the accounts in accordance with United Kingdom Gènerally Accepted Accounting Practice (United Kingdc>rri AuntIng Standards and applicable law). The accounts are required by law to give a true and fair view of the stste of affairs of the company and of the surplus or deficit of the charitable company for that period. In preparing these accounts the directors are required to: select suitable accounting policies and apply them consistently; make judgements and estimates that are reasonable and prudent. and prepare the accounts on the going concem basis unless it is inappropriate to presume that the charilable company will continue in business. The Directors are responsible for keeping proper accounting records which disclose with reasonable aGGuracy at any time the financial position of the compaD.y and to enable them to en6ure that the accounts comply with the Companies Act 2006 and the Charities Act 2011. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
FOREVER ANGELS UK LIMITED (A company limited by guarantee and a registered tharityl) STATEMENT OF FINANCIAL AcnviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st May 20241£) . UNRESTRICTED RESTRICTED TOTAL FUNDS UNRESfRICTED RESTRICTED TOTAL FUNDS FUNDS 2024 FUNDS 2024 FUNDS 2013 FUNDS 2023 2023 NOTE INCOME Donations 169624 16%24 223717 223717 Grants 47391 23721 71112 78678 88639 Income from Charitable Activities 852 852 641 641 Investments TOTAL INCOME 6157 6157 24n4 13CP3 235628 1309 23ni 78678 EXPENDITURE Raising funds 18749 L8749 33301 33301 Charitable Artivities 190259 26220 216479 178536 81621 260157 Agency fees 4169 4169 TOTAL EXPENDITURE 212954 26220 239174 21fa(X16 81621 297627 NET INCOME/ (EXPENDITUREI FOR 7HE YEAR 11070 85n 16679 Transfer between funds NETMOVEMENT IN FUNDS TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD 11070 -2499 8571 19622 .2943 16679 184164 4500 188664 164542 7443 171985 2WI 197235. 164
FOREVER ANGELS UK LIMITED (A company limited by guarantee and a registered charity) BALANCE SHEET AT 31¥t MAY 2024 2024 2023 Fixed Asset8 Current Assets Cash at bank and in hand (Not• B) Debtors: amounts due to be received within one year (Note 9) 194,888 2,851 184.954 4,764 Total Current A880ts 197 739 189718 Crodltors: amount8 falling duo within one year (Note 10) (504) (1,054) Net Current As8et8 197,235 188,664 Tolal Net Assets 197 235 188 664 Charltable Pund8 (note11) Restricted Funds Unrestricted Funds Total Funds 2001 195,234 197,235 4,500 184,164 188 664 For the financial year-ended 31 St May 2024, the Company was entitled to exemption from audit under section 477 of the Companies Act 2006; and no notice has been deposited under section 476 B (2). The Company was also enlitled to exemption from audit under section 144 (1) of the Charities Act 2011 and no notice has been deposited under section 146 (1). The Directors, however, acknowl8dg8 their responsibilities for ensuring that the Company keeps accounting records which comply with section 386 of the Companies Act and preparing accounts which give a tru• and fair vi8w of th8 stat8 of affairs of the company as at tho y8ar-end and of its surplusldeficil for the financial year in accordance with the requirements of sections 393 and 394 and which othemise comply with the iequirements of the Companies AGt 2006, so far as applicable to the Company. Th8 account8 havo be8n independently examined in accordance with Charrty Commi55ion requirements. The accounts have been prepared in accordance with the provisions of the Companies Act 2006 applicable to companies, subject to the small companies, regime. These accounts were approved by the Trustees on 3rf February 2025 and were signed on its behalf by: .Peter Mitchell Director , dated
FOREVER ANGELS UK LIMITED (A company limited by guarantee and a registered charity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MAY 2024 Accounting Policies 11. Accountlng conventlon. The accounts are prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The accounts have also been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102) as applicable to small charities, the Companies Act 2006 and with the Charities Act 2011. The charity constitutes a public benefit entity defined by FRS 102. Fund accounting Unrestricted funds are available for use at the discretion of the trustees and in furtherance of the general objectives of the charity. Restricted funds are subject to restrictions on their expenditure imposed by the donor or through the terms of an appeal. Designated funds (if any) are unrestricted funds earmarked for particular purposes. IV. Income All income. grants and donations are included in the statement of financial activities when the charity is entstled to and is more lik81y than not to rec81V8 the income and the amount can be quantified with reasonable accuracy. The following specFfic policies are applied to categories of income: Voluntary income is reiVed by way of grants, donations and gift8. Incoming resources from charitable trading activity are accounted for when earned. Expgnditure including grants payable Expenditure is recognised on an accruals basis as a liability is incurred. Liabilities are recognised when there is a legal and constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable accuracy. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates. Any obligations associated with Restricted donations are transferred within grants to Forever Angels Tanzania. The Project Director ensures that these obligations are met by the Tanzanian NGO and reports back to the original donor as required. 10
FOREVER ANGELS UK LIMITED (A company limited by guarantee and a registered charty) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" MAY 2024 2. Donations 2024 2023 Donations comprise: Donations Glft Ald {net) Total £158,567 £ 209,097 £11057 £14 620 £ 169,624 £223,717 3. Grant Income Grants from charitable trusts and foundations totslled £71,112 (2023: £88.639), of which £23,721 (2023 £78,678) were restricted. 4 Charitable Activities Income Principally income from Goods Sold S. Investments Comprises interest received from two savings accounts used to hold the charity's reserves. The charity holds no other investments. 6. Ralslng funds The charity had, in 2023124, one full time employee. The full cost of her employment (including pension contributions to NEST) was £34,182 (2023.. £60,188 - where for part of that year FAUK had two employees) These costs, together with miscellaneous costs incurred and travel expenses of £3,317 {2023.' £6,414) are shared equally between the two activities. The full cost of Raising Funds was £18,749 7. Charltabla Actlvltles Expendltur• Comprises: 2024 2023 Grants to Forever Angels Tanzania £196,000. £226,000 Employee costs £18,749- £33,301 Goods to ship £1,013 £299 Cost of goods sold £717 £557 Totsl £216,479 £260,157 Of Ihe restricted income received £2,001 will be incorporated into grants made to Forever Angels Tanzania (an NGO registered in Tanzania) in 2024. Grants are made on a case by case, 'needs', basis. The needs are discussed and agreed for each case by the Trustees. No forward commitments for grants are made and therefore no provisions have been made for subsequent or future years, grants to FATZ. 'One half full time employee equivalent, at a salary cost and travel expenses cost of £18,749 {2023, £33,301), is employed on charitable activities (see Note 6 above). All trustees perform their duties on an entirely voluntary basis. No trustee received any remuneration or expenses during the financial year. 11
FOREVER ANGELS UK UMITED (A company limited by guarantee and a registered charity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" MAY 2024 8. Cash at bank and in hand 2024 2023 Current account end year balance and petty cash Interest bearing savings accounts 18,893 175 995 194.888 30,114 184,954 D•btors: amounls duo to be rèceived within one year 2024 2023 Trade deblors Gift Aid claimed and owed 10 Ctèdltots: amotsfits faiiiftg dué withln oho yèat 2024 2023 Trade Creditors Taxation and social securty Accruals and deferred income 504 1,054 Total 504 1.054 11 Analy816 of Charltable Funds 1 June 2023 Income Expenditure Transfers 31 May 2024 Restricted Funds Unrestricted Funds 4.500 23,721 26,220 2,001 184,164 224,024 212,954 195,234 Total Funds 188,664 247,745 239 174 197 235 Unrestriotod funds roorosont the funds of the charity thal have not been designatod for parti¢ular charitable purposes. Restricted funds represent the balance of restricted funds for specific purposes. 12
FOREVER ANGELS UK LIMITED (A company limited by guarantee and a registered charity) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3111 MAY 2024 12 Analysis of net ap•8ets between funds Fixed A&8ets Net current Ass8ts Net Assets Restricted Funds Unrestricted Fund5 Total 2,001 2.001 195,234 195,234 197,235 197,235 13 Lim ited by guarantoe The company Is a private company limited by guarantee and consequently does nol have share capital. Each member has undertaken to contribute an amount not exceeding £10 towards the assets of the Gompany in the event of the company being wound up. 13
FOREVER ANGELS UK LIMITED (A company limit8d by guarantee and a registered charty) Independent examIneS report to tho trustee6 of Forever Angels UK Llmited {'the Company'l I report to the charity trustees on my examination of the accounts of the Company foi the year ended 31st May 2024 whith are set out on pages 8 to 13. Responsibilities and basis of report As the Gharity's trustees of the Company (and also its directors for the purposes of Company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for Independent exarnination, I report in respect of my examination of your charity's accounts as carried out under sethon 145 of the Charities Act 2011 {'the 2011 Act,) In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently, l express no opinion as to whether the accounts present a 'true and fair view, and my report is limited to those specific matters set out in the independent examiner's statement. Independent examlner's ststement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that, in any material respect: 1. the accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in a¢cordance with the methods and principles of the Statement of Recommended practi for accounting and reporting by charities applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Name.. Roger M Davies BA, FCA, D.Cha. Chartered Accountant Address.. 14 Willow Hayes, Ashton Hayes, Chester CH3 8BT Date.. 14K YOL