feet flrst •• Worldwide FINANCIAL ACCOUNTS FOR YEAR ENDED 31ST MARCH 2025 Company Registratlon Number 05474694 Charity Number 1112464 I IniTrl .ILBROOKESklENTC R l ) AC C U b T A N T S Chartered Accountants & Registsred Audltors 15 Olympic Court Boardmans Way Whitehills Business Park Blackpool FY4 5GU
FEET FIRST WORLDWIDE
YEAR ENDED 31ST MARCH 2025
CONTENTS
| Page | ||
|---|---|---|
| Report of the Trustees | 1 | |
| Independent Examiner's report | 7 | |
| Statement of financial activities | 8 | |
| Balance Sheet | 9 | |
| Notes to the financial statements | 10 |
FEET FIRST WORLDWIDE TRUSTEES ANNUAL REPORT feet • flrst YEAR ENDED 31ST MARCH 2025 Worldwide Report of the trustees for the year endlng 31 March 2025 The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and independent examiner's report of the charitable company for the year ended 3151 March 2025. REFERENCE AND ADMINISTRATIVE DETAILS Registered name: Feet First Worldwide Worklng name: Feet First Charlty number: 1112464 Company number: 5474694 Prlnclpal offlce: 23 Winderniere Road, Bla¢kpool, FY4 2BX Reglstered office: clo Horne Brooke Shenton Chartered Accountants 15 Olympic Court, Boardmans Way> Whitehills Business Park. Blackpool FY4 5GU Ac¢ountantS: Horne Brooke Shenton Chartered Accountants 15 Olympic Court, Boardmans Way, Whitehills Business Park, Blackpool FY4 5GU Bankers: Lloyds Bank plc, Corporation Street, Blackpool. Dlre¢tors and Trustses The directors of the charitable company (the charity) are its trustees for the puryose of charity law and throughout this report are collectively referred to as the truste¢$. The trnstees serving during the year and since the year end were as follows: Mr Clive Chenery Mrs Bernadette Huyton Mrs Daniella Carey Dr Allan Monks Mrs Caroline Gallagher Truste¢ Trustee Trustee Trustee Trustee Members Mr Stephen Mannion Ms Mercy Nkhalamba Project Director Project Assistant Management and staff The Trustees and Members manage the Charity on a day-to-day basis. The Charity is an equal opportunities employer and at all times gives fi]11 and fair consideration to applications for employment mad¢ by disabled persons, having regard to their respective aptitudes and abilitics.
FEET FIRST WORLDWIDE TRUSTEES AIYNUAL REPORT YEAR ENDED 31Sf MARCH 2025 Publlc benefit The trust¢cs have complied with the duty in section 17(5) of the 2011 Charitics Act to have due regard to guidance published by the Charity Commission on public benefit. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Feet First Worldwide wa8 established in 2005 by the trustees and became a company limited by guarantee obtsining Charitable Status in its own right immediately. The company is gov¢rned by its Memorandum and Articles of Association which set out the objects and powers of the charitable company. In accordance with the Memorandum and Articles of Association the Trustees have the power to in addition to any expressly conferred to the trustees: expend the funds of the charity in the most beneficial way to achieve the objectives and to invest in th¢ name of the Charity such amounts as they see fit and to direct the sale or transfer of such investm¢nts and spend the proceeds in furtherance of the objects. enter into contracts on behalf of the Charity. Recrufitment and Appolntment of trustees and members The trustees may recommend any person willing to act as tnistee who is over the age of 18 years and is not disqualified from acting under the provisions of Article 31 of th¢ Memorandum and Articles of Association, to be appointed either to fill a vacancy or as an additional trustee. There is no maximum number of trustees. Onc third of the trustees are required to retire and bc reappointed by rotation at the annual general meeting. OBJECTIVES AND ACTIVITIES The objects and principal activities of the charity are: the improvement of orthopaedic and trauma services in hospitals of the developing world; to conduct training and educational initiatives in the field of orthopaedic and trauma surgery in the d¢v¢loping world. to und¢rtake and facilitate r¢s¢arch and audit activity in the field of orthopaedic and trauma surg¢ry in the developing world. The main objectives and activities for the y¢ar continued again to focus on the support of orthopaedic services in Malawi. to fund training initiatives and education in orthopaedics for local medics and surgeons. and to raise awar¢n¢ss of the charity with the general public, through marketing and n¢tworking to increase funding through donations.
FEET FIRST WORLDWIDE TRUSTEES ANNUAL REPORT YEAR ENDED 31ST MARCH 2025 ACHIEVEMENTS, PERFORMANCE AIYD PLANS FOR FtrruRE PEIUODS Feet First Worldwide was founded in 2004 by Blackpool Consultant Orthopaedic & Trauma Surgeon Mr. Steve Mannion, with the aim of raising money to fund orthopaedic cducation and training in th¢ less developed world, with a forus on improved club foot treatsnent in children. The aims of the charity in preventing and correcting clubfoot in Malawi have been: that every child born with clubfoot should be diagnos¢d at btrth and have access to treatsnent, and an associated course of surgical treatment will also be provided for cxisting neglectrd cases In order to achieve this, education of local surgeons was necessary i.¢ training them to teach the methods used to correct clubfoot and setting up dedicated clubfoot ¢lini¢s in each district hospital. As the provision of clubfoot services increased in Malawi, more children with the condition have been recognised at birth and treated, by local staff and by the Ponseti method, in the firat few months of life. This has resulted in fewer late presenting "neglected" case5 which typically rely on surgery to obtain coffection. In view of this the Feet First visiting surgical teams have been abl¢ to focus on wider aspects of paediatric musculoskeletal disability including polylsyndactyly, the coffection of genu valgum / varum (knock / bow legs), bone and joint infection and paediatric trauma orthopaedics. Although the team concentrate on paediatric orthopaedic conditions they will also treat any emergcncy / urgent adult cases which present in the course of the visits. Fcet First currently undertake up to 4 x 2-3 week project visits to Malawi per year. Over recent years the focus has been on the district hospitals of the remote Northern Region of Malawi who do not receive any other orthopaedic visitor teams. On a typical mission two districi hospitals will b¢ visited for I week each. On the first day of each week a clinic is undertaken from which cases are selected to be operated upon of the Course of the next 4-5 days. Usually 30-50 operations are undertaken in the course of a 2 week visit. The Feet First visiting team usually ¢onsists of a consultant orthopaedic surgeon, a consultant anaesthetist, a senior theatre scrub nurse and a senior operating department practitioner (ODP). Th¢r¢ may also be a s¢nior orthopaedic surgical trainee and / or another clinician {nurse / paramedic / radiographer / physio). Successful projects in Malawi fundd by Feet First Worldwide are und¢rtaken by the UK volunteers, together with medical stsff resident in Malawi, who have been train¢d by the charity in recent years. Consultant surgical volunteers include Mr Stephen Mannion, Mr Ashtin Doorgakant and Dr Alberto Gregori. In ternis of national Malawian staff the teams are usually accompanied by Mr Mabvuto Chawinga, orthopa¢dic coordinator from the Malawi Ministy of Health and, for training / mentoring purposes by a junior Malawian orthopaedic surgeon. The team works closely with local clinicians from the District Hospital, including Orthopacdic Clinical Offic¢rs (OCOS), Anaesthetic Clinical Offic¢rs (ACOS), nursing staff and others. Once the Feet First Team have left the county at the end of their visit, there remains a network of s¢rvices through which advice can bc offered I referral made in the event of any complications arising. The Feet First Team themsclves can also be contacted by phon¢ or by on-line conf¢rencing. With 4 visits per year the following team are able to review & feedback on the cases operated upon by the pr¢c¢ding teams.
FEET FIRST WORLDWIDE TRUSTEES ANNUAL REPORT YEAR ENDED 31ST MARCH 2025 Following the extended impact of the Coronavirus (Covid-19) pandemic, th¢ charity was able to return to a full programme of projects in the year ended 3 ISI March 2023, which continued throughout the years ended 31 sl March 2024 and 2025. As in previous years, the projects aim to continue to develop the ongoing training of the local surgeons in the methods used in the Correction of club foot and other paediatric musculoskeletal defonnities, to enable the necessary local ongoing treatment against these deforniities. Success stories Along with the treatment of children with club foot, some of the success stories from other work conducted by the harity in recent years are: Delivered a multidisciplinary training course in hospitals in 3 diff¢r¢nt locations, in cerebral palsy and supplied th¢ 100 attendees with a 47 page manual. Clinical workers w¢re given training in methods of easing the eff¢cts of cerebral palsy using various equipment and tools provid¢d. Technicians w¢r¢ given training so that this equipment and these tools may be constructed locally. Worked alongside local healthcare workers to evaluate and recommend treatment and int¢rv¢ntion for nearly 40 cerebral palsy children and assisted with the diagnosis and treatment of children in all 3 centres who had been presenting diagnostic and therapeutic challenges. Perfornied surgery on 18 injured in a road accident. Id¢ntified individuals who may benefit from specific targeted furthcr training in the UK. Ov¢r 20 years perform¢d surgery on over 2000 Malawian patients
FEET FIRST WORLDWIDE TRUSTEES ANNUAL REPORT YEAR EIYDED 31ST MARCH 2025 Provid¢d Continuing medical education and on-the-job training for junior Malawian doctors, OCOS, ACOS, theatre and nursing staff Helped facilitate essential orthopaedic equipment for the Malawian Hospitals visited ( oscillating plaster saws, fracture fixation equipment, C-arni X-ray in th¢atre) Kentown Wlzard Foundation The Kentown Wizard Foundation has been supporting Feet First since 2017, with grants totalling £419,200, which enabled Feet Firat to increase the Malawi projects significantly before the Covid pandemic, allowing for more children to be treated and also for more local m¢dics to be trained. This local training also then allowed for a reduced level continuance of the projects by the local clinicians throughout th¢ pandemic, and a r¢turn to usual level services with up to four visits per year sincc travel restrictions were lifted. The grants received from Kentown Wizard Foundation also allowed for two new m¢dical vehicles to be purchased in the year ended 3181 March 2019 in order to ac¢ess remote villages and transport patients to the hospital. Kentown , izard F()UNDA'fioN FINANCIAL REVIEW Results The results for the year and the ¢harity'S financial position at the end of the year are shown in the attached financial statements. Unrestricted incoming resources for the year ended 31 Sl March 2025 totalled £5,848. Unrestricted net income in ihe year amounted to £2,970, resulting in an unrestricted funds position of £11,616 at the year ended 3 ISI March 2025. Restricted income of £79,000 (2024: £75,200) was received in the year from Kentown Wizard Foundation, with expenditure in the year amounting to £42,387, relating to projects in Malawi which are fimded by the grants received from K¢ntown Wizard Foundation. Funds carri¢d forward at the y¢ar end date stand at £116,043, of which £104,427 is restricted funds and £294 is unrestricted fixed assets, resulting in £11,322 of unr¢stricted free funds at the year end date. Reserves pollcy The Charity currently operates a reserves policy) which aims to increase unrestricted r¢serves to an average level of one year's expenditUT¢, in the region of £30,000, to enable th¢ Charity to remain operational should there be an unexpected fall in donations received or any other unforeseen occuffence.
FEET FIRST WORLDWIDE TRUSTEES ANNUAL REPORT YEAR ENDED 31gf MARCH 2025 RESPONSIBILITIES OF THE TRUSTEES The charity ttuste¢s (who are also the directors of F¢et First Worldwide for the PUryK)ses of company law) ar¢ responsible for preparing a trustees. annual report and flliancial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Ac¢¢pted Accounting Practice) and applicable law and regulations. Company law and the law applicable to charities in England and Wales requires the charity trnstees to prepare financial statements for each financial year. Under company law the ttuste¢s must not approv¢ the financial statements unless they ar¢ satisfied that th¢y give a true and fair vi¢w of the state of affairs of the Lharitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing the financial stat¢ments, the trusl¢es ate required to: select suitable accounting policies and then apply them consist¢ntly' observe the methods and principles in the Charities SORP. make judgements and 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 presum¢ that the charity will continu¢ in business. The tNstees ar¢ responsible for kceping adequate accounttng records that are sutyicient to show and explain th¢ charitable company's transactions and disclose with rSOnable accuracy at any time the financial position of the charilable company and ¢nable them to ensure that the financial statements comply with the Companies Act 2006. They ar¢ also responsible for safeguarding the assets of the charitabl¢ company and h¢nce for tsking r¢asonable steps for the prev¢ntion and d¢t¢¢tion of fraud and oth¢r itregularities. Registered office: Sied by order of the Trustees clo Home Brooke Sh¢nton 15 Olympic Court Boardmans Way Whitehills Business Park Blackpool FY4 5GU Mt C Chenery Trustee Approved by the trust¢es on .
FEET FIRST WORLDWIDE INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES YEAR ENDED 31ST MARCH 2025 I report to the chality trustees on my examination of the accounts of the company for the year end¢d 31, March 2025, which are set out on pages 8 to 15. Responsibllltles and basls of report As the charity's trustees of the company (and also its directors for the pUo$c$ 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 thc accounts of the company are not required to be audited under Part 16 of the 2006 Act and a eligible for ind¢pendent examination, I report in respcct of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (the '201 l Act,). In carying out my examination I hav¢ followed the Directions given by the Charity Commission undcr s¢ction 145(5)(b) of the 2011 Act. Independent examiner'5 report I have completed my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe: (l ) accounting records were not kept in respect of the Company as required by section 386 of the Companies Act 2006. or (2) the accounts do not accord with those accounting records; or (3) the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 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 th¢ methods and principl¢s of the Statement of Recommended practice for accounting and reporting by charitics applicable to charitics preparing their accounts in accordance 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 rcport in order to enablc a proper understanding of the accounts to be reached. 15 Olympic Court Boardmans Way Whitehills Business Park Blackpool FY4 5GU Deborah Walsh BA FCA For and on behalf of HORNE BROOKE SHEwfoN Chartered Accountants 25th March 2026
FEET FIRST WORLDWIDE STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31ST MARCH 2025 Unrestricted Re8trfi¢ted Funds Funds Total Funds 2025 Total Funds 2024 Note INCOME FROM., Donations and legacies Charitable activities Oiher trading activities Investments Other 5,839 5,839 79,000 6,461 75,200 79,000 TOTAL EXPENDITURE ON: Raising funds Charitable activities 216 2,662 216 45,049 834 36,776 42,387 TOTAL 42 2 878 87 NET INCOME I (EXPENDITURE) 2,970 36,613 39,583 44.051 TIL4NSFERS BETWEEN FUNDS NET MOVEMENT IN FUNDS 2,970 36,613 39,583 44,051 RECONCILIATION OF FUNDS Total funds broughi forward 8,646 67,814 76,460 32,409 Total funds ¢arrled fonvard 12 104 427 116043 The statement of financial aclivities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities. The notes OnPag 10 10 15fonNparl ofiheJefinancial stalements
FEET FIRST WORLDWIDE BALANCE SHEET 31ST MARCH 2025 Note 2025 2024 FIXED ASSETS TanbLe assets 21,151 28,202 CURRENT ASSETS Debtors Cash at bank and in hand 3.129 98,214 101.343 954 53,455 54.409 LIABILITIES Crediiors: Amounts falling due within one year io 6.451 6,151 NET CURRENT ASSETS 94,892 48.258 TOTAL ASSETS LESS CURRENT LIABILITIES 116,043 76,460 TOTAL NET ASSETS THE FUNDS OF THE CHAIUTY: Restrlcted income fund8 Unres¢rlcled fund$ 104,427 11,616 67,814 8,646 TOTAL CHARITY FUNDS 13 116,043 76,460 For the financial year ¢nded 31 March 2025. the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small ¢ompani¢$. Directors, responsibilities.. - The members have not required the company to obtain an audit of its accounts for the year in question in accordance with sectffton 476; and - The directors acknowledg¢ their responsibilities for complying with th¢ requirements of the A¢t witb respect to ac¢ounting records and the preparation of a¢counts. These financial slatem¢nts have been prepared in accordance with the special provisions relating to companies subject to the snthll Lompanies rerne and in accordan¢¢ with FRSI 02 SORP. These flllancial stalements were approved by the board of trustees on .. behalf by.. are signed on their Mr C Ched Tnlee Company number: 5474694
FEET FIRST WORLDWIDE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 I ACCOUNTIIYG POLICIES The principal accounting policies adopted, judgements and key sources of estintiOn uncertainty in the preparation of the financial statements are as follows: Basls of accountlng These COuntS have been prepared under the historical cost convention with iterns recognised at cost or transaction value unless otherwise stated in the relevant note to these accounts. The accounts have been prepar¢d in accordance with the Ststement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of treland (FRS 102) issued on 16 July 2014. and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102). and with the Charities Act 2011. and with the Companies Act 2006. Company ststus The charity is a charitable company limited by guarantee, incorporated in England and Wal¢s, and has no share capital. In the event of being wound up, the liability in respect of the guarantee is limited to £nil per member of the charity. The members of the company are the trustees named on page l. Th¢ charity is a public b¢n¢fit entity. Golng concern The financial statements have been prepared on a going concern basis. There are no material uncertainties about the charity's ability to continue as a going concern. Fund #eeounllng General funds are unrestrictsd funds which are available for use at the discretion of the ttustees in further&nce of the general objectives of the charity and which hav¢ not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of rp4ising and administering such funds are charged against the specific fund. Kentown Wlzrdrd Foundatlon restrlcted fund Grant funding is received from Kenlown Wizard Foundation to fund up to 4 visits to Malawi per year for a UK team of orthopaedic surgeon8, anaesthetists, and supporting Clinicians for the treatment and furtherance of educlation in the treatment of clubfoot, and 2 visits to the UK by Malawi clinicians, together with fiinding for two motor vehicl¢s in Malawi to facilitate the projects. including areas which would otherwise be difficult for transportation. Expenditure incurred in relation to these projects includes flights, accommodation and tranbport costs of the UK clinical teams to Malawi; flights, accommodation and transport Costs of Malawi clinicians training visits to the UK. costs of surgery and clinic consumables; and clinicians expenses and allowances of Malawi clinicians. IncomlDg resources Incoming resources from charitsble activities are represented by way of grants r¢ceived and lecture fees All incoming resources are included in the Stst¢ment of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Income is accounted for as due for th¢ period. Interest recelvable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity. this is norn]ally upon notification of the interest paid or payable by the bank io
FEET FIRST WORLDWtDE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 I ACCOUNTING POLICIES (continued) Costs of charitable ietivltles Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Costs of raising funds comprise the costs of generating income through donations, grants and fundraising. Costs of charitable activities includes all expenditure directly related to the advancement of medical education and training in the developing world under the objects of the charity together with those costs associated with supporting these activities, including staff. establishment and other overhead costs. These support costs are shown separately within the notes to these aoUnt8. Support costs are those functions that assist the work of the charity, including office costs, fmance and governance costs. These Costs have been allocated across the projects undertaken on charitable activities a8 set out in note 3. Flxed assets Individual f¢d assets costing £500 or more are capitslised at cost and depreciated over their useful economic lives. Depreclatlon Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Fixtures and fittings Motor vehicles 250/0 reducing balan¢¢ 250/0 reducing balan¢¢ Assets which hav¢ b¢en acquired from restricted income have been ¢lassified as restricted assets. VAT The charity is not vat registered and all expendithre is stat¢d gross of vat. 2 INCOME FROM DONATIONS Donatlons Ydnd legacles Unrestrlcted Funds Re5trleted Funds Totgl Funds 2025 Total Funds 2024 Donations 5.839 5,839 5,839 5,839 6,461 6,461 3 INCOME FROM CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Total Funds 2025 Total Funds 2024 Grants received Lecture fees Total income from charitable activities 79,000 79,000 75,200 79,000 79,000 75,200 li
FEET FIRST WORLDWID NOTES TO THE FINAI44CIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 4 ANAL YSJS OF EXPENDITURE ON CHARITABLE ACT[TIEs Kentown WIzY4rd Foundation General Malawi Costs Total Funds 2024 Totsl Funds 2023 Conference Costs Costs Provislon of charltable servlees: Provision of facilities for the advancement of medical education and training in the developing world Flights Travel and transport costs Hot¢ls. a¢¢omodation and Subsistence T¢lq)hone Medical council registration fe¢8 Other direct charitable costs Donations paid Support costs Administration costs Administrative and project co-ordination services Other expenses Deprecialion Governance c08ts Independent examination fee8 Other accountancy fees Bookkeeping and secretarial services 9,089 7,454 6,745 41 984 8,192 9,089 7,454 6,745 41 984 8,192 4.396 5,601 2.672 17 569 8,145 98 750 881 6,953 98 750 1,045 7,051 2,250 259 9,401 164 90 600 600 600 600 1,200 2,400 900 2,400 1,200 Year ended 31st Mydreh 2025 42,387 1,290 lJ72 45,049 36,776 Year ended 31si March 2024 32, 752 2.820 1,204 36, 776 Funded by: Restricted funds Unrestricted funds 42,387 42,387 2,662 32,752 4,024 1,290 1,372 42,387 1,290 1,372 45.049 36,776 12
FEET FIRST WORLDWIDE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 5 NET INCOME I (EXPENDITURE) FOR THE YEAR This is stated after charging: 2025 2024 Depreciation Exchange rate differences 7,051 478 9,401 287 6 TRUSTEE REMUNERATION AND EXPENSES The charity trustees were not paid or received any other benefits from employment with the charity in the year (2024.. £nil) neither were they reimbursed expenses during the year (2024: £nil). No charity trustee received payment for professional or other services supplied to the charity (2024: £nil). 7 CORPORATION TAXATION The charity is exempt from tsx on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxalion of Chargeable Gains Act 1992 to the ¢xtent that these are applied to its charitable objects. 8 FIXED ASSETS Motor vehlcles restricted Motor vehlcles- unrestricted Flxtures, fittlngs and equlpment Tolal Cost At I st April 2024 Additions Disposals 111,029 17,141 5,441 133,611 At 31st Mawh 2025 111,029 17,141 5,441 133,611 Depreclydtion At 1st April 2024 Charge for year Relating to disposals 83,219 6,953 16,913 57 5,277 41 105,409 7,051 At 3 1st March 2025 90,172 16.970 5,318 112,460 Net book vY41ue 31st March 2025 20,857 171 123 21,151 Net book value 31 st March 2024 27,810 228 28,202 All assets are for direct charitable purposes. 13
FEET FlllST WORLDWIDE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 9 DEBTORS 2025 2024 Prepayments Acrrued income 3,129 342 612 954 10 CREDITORS: AMOUNTS FALLING DUE WITHIIY ONE YEAR 2025 2024 Other creditors Accruals and d¢f¢rred income 2,851 2,851 11 RELATED PARTY TRANSACTIONS No tran.8actions with related parties were undertaken such as are required to be disclosed und¢r Financial Reporting Standard for Smaller Entities, Balances held at the year ¢nd in respect of relat¢d parties are as follows: 2025 2024 Included wlthln other credltors Mr, SJ Mannion 2,851 2,851 These liabilities are unsecur¢d and have no fixed rq)ayment date. 12 ANALYSIS OF CHARITABLE FUNDS Analysls of njovements In funds Transfers betiveen funds Balance at l Aprll 2024 Funds At 31 Mydreh 2025 Income Expendlture UDrestricted funds General fund 8,646 5,848 (2,878) 11,616 Restrlcted funds Malawi project- Kentown Wizard Foundation Sierra Leone project 66.358 1,456 67,814 79,000 (42,387) 102,971 1,456 104,427 79,000 (42,387 76,460 84,848 (45265) 116,043 14
FEET FIRST WORLDWIDE NOTES TO THE FINAIYCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 13 ANALYSIS OF NET ASSETS BETWEEN RESTRICTED AND UNRESTRICTED FUNDS Unrestricted funds Restricted funds Total Tangible f¢d assets Cash at bank and in hand Other net assets / (liabilities) 294 14,644 (3,322) 20,857 83,570 21,151 98,214 (3,322) 116043 14 COMPANY LIMITED BY GUARANTEE The company is limited by guarantee. 15