HASE
WORLDWIDE
Annual Accounts and Financial Statements
July 2023- June 2024
For more i nformation about PHASE Worldwide visit w4vw.phaseworldwide.org
Contact Us.. info@phaseworldwide.org | Reginald Arthur House, Percy Street. Rotherham, S65 IED
Registered Charity Number.. 1112734

Contents
Page
Welcome from our Chair of Trustees
About PHASE Worldwide
Our Impact 2023-2024
Trustees, Report
Year Ended 30th June 2024
Independent Examiners Report to the Trustees of PHASE
Worldwide
14
Statement of Financial Activities
Cash Flow Statement
Balance Sheet
Notes to the Financial Statements
15
16
17
18

A welcome from our Chair of Trustees
Dear Supporters,
It's been an exciting year for PHASE Worldwide. There are challenges in the economic
climate but we have been fortunate to have spent the past couple of years stabilizing our
Nepal work and UK support team, so this year was a year for review of the future. We have
returned to our roots in South Yorkshire and the ideology on which PWW was founded-
empowerment for everyone who is involved with PWW wherever they may be in the world
not least of all, you, our supporters who are empowered by helping to empower others.
As part of this strategy, we have developed a partnership with Cine Schools, who work in the
UK, with children between the ages of 8 and 14, many of home are from challenging social
settings, helping them to express themselves and 'find a voice, through making films. This
program empowers the children involved and brings a new and different audience to the
PHASE family who are empowered assisting us to do more, not least of all, in remote areas of
Nepal. A great example of this, is a school in West London is now supporting a school in Nepal
brought about by their involvement in the Cine Schools programme. In coming years, we
plan to continue to expand our empowerment work with other communities no matter who
or where they are.
We continue with our solid commitment to communities in Nepal. Our UK4id Match Start
Strong project continued into its second year with clear changes emerging for communities
through the integrated programme of health and agricultural activities in some of the
remotest communities.
We have welcomed several new Trustees to the board bringing with them a wealth of
experience in business, finance, health and fundraising. Welcome to Kelly, Chris, Kate and
Paul.
None of these achievements over the past year would have been possible without you our
wonderful supporters. On behalf of the Board of Trustees, may I take this opportunity to thank
you and express our sincere gratitude for all of your support.
Kind regards,
K,.k
Nick Cragg
Chair of Trustees
PHASE Worldwide
PHASE
WORLDWIDÉ

About Us
Practical Help Achieving Self Empowerment IPHASEI Worldwide is a UK registered charitythat
enables people to take opportunities to enrich their lives. We speak to communities, we ask
what they need to enrich their lives and then we work with them to achieve these goals by
creating opportunities and supporting services.
Founded in 2005, we have developed into an organisation that has raised millions of pounds
for communities living in Nepal and more recently in the UK, we support over 20,000 people
each and every year.
Until recently, our work has solely focused on rural communities in Nepal, where poor health,
low levels of education and few livelihood opportunities trap people within a cycle of poverty.
It's exciting to report that this is the first year we have expanded our work to include
communities in the UK.
Our Vision
We believe that everyone, everywhere, even those in the most remote places in the world,
should have access to primary healthcare, basic education, and livelihood opportunities.
Our Mission
Through partner organisations, PHASE Worldwide empowers isolated communities through
integrated and sustainable programmes in health, education, and livelihoods.

Sustainability
We want the difference we make to last long into the future. To achieve this lasting difference,
we are committed to empowering communities through improved skills, knowledge and
opportunities, whilst strengthening and expanding existing government services. This is
facilitated by the involvement of local communities at all stages of programme development.
We aim to make a lasting difference but not to stay and replace government services.
Our Values
As a charity, we have a core set of values
that are embedded in all our work both
i n the U K and overseas.
EMPO￿tring
PHASE
Our Approach
We work together with partners to empower people, to create opportunities
that people are equipped to take no matter where they are in the world.
We support projects in some of the most remote and rural communities in the
world. In these areas, poor health, low levels of education and few livelihood
opportunities trap people in a cycle of poverty. Through our local partner,
PHASE Nepal, we support integrated and sustainable health ISDG 3), education
(SDG 41, and livelihoods ISDG 2 and 81 projects, helping communities to break
the cycle and achieve No Poverty- Sustainable Development Goal ISDGI I.
PHASE Worldwide and PHASE Nepal work together to enable people to access
knowledge, skills, and services, whilst at the same time, strengthening local
government provision in Nepal. We work together to raise moneyto fund this work, deliver our
successful GP mentoring programme, and demonstrate best practice in charity governance
and within the international development sector.
All of our work, both overseas and in the UK, is based on empowerment. We believe that all
aspects of our work should make people stronger and more confident. This applies to people
involved in the projects we support, staff working for PHASE Worldwide and PHASE Nepal, and
our supporters who help us work towards our vision.

Structure & Partnerships
PHASE Worldwide (Registered Charity Number.. 11127341 was established in 2005. The charity is
registered at and operates from PHASE Worldwide, Reginald Arthur House, Percy Street, Our
longstanding key partner PHASE Nepal was established in 2006 with the support of PHASE
Worldwide and is registered in Nepal under the organisational registration Act 2034 of Nepal
with the District Administration Office (Registration Number.. 531106J0631. It is also affiliated
with the Social Welfare Council under section 13 of the Social Welfare Act1992 ISWC No. 193361.
During this financial year we have established a new partnership with Cine Schools as part of
the #filmforall enrichment programme.
PHASE Worldwide also co-operates with PHASE Austria, an Austrian nonprofit association
leingetragener gemeinnutziger Verein), Central Associations Register no. 161877083.
PHASE Worldwide is a member of the South West International Development Network
ISWIDNI, the Britain Nepal Chamber of Commerce and Britain-Nepal Non-Governmental
Organisation Network {BRANNGO}.
Impact and Programme Delivery in July2023- June 2024
Nepal
Over the 12 months July 2023- June 2024 PHASE Worldwide has predominately supported 4
areas in Nepal: Manbu through two very successful appeals, Jair through our Big Give
Christmas Campaign. Rugin and Bichhya through UK Aid Match which brings charities, British
people, and the UK government together to change the lives of some of the world's poorest
and most vulnerable people.
Health
The majority of our work has had an impact in the field of Health and Nutrition by supporting
health facilities that provide the basic health needs for life.
We've enabled 11,027 health consultations to be carried out, including with 1,619 children under
5 and 1,533 people over 60 years of age. Our funded Auxiliary Nurse Midwives work tirelessly in
remote regions as part of a community team getting to know individuals and families and
providing quality primary health care.
A key area of focus is expectant mothers and the first couple of years of a child's life lin line with
the Nepalese government Golden 1,000 Days policies). Health services offer a minimum of 4
antenatal visit programme of which we aim for the highest level of engagement so measure
the number of mothers at Ist and 4th visits. We are proud to say 209 mothers engaged in the
programme and therefore are better equipped going into childbirth and motherhood.
In remote locations getting mothers to a clinic for
childbirth is imperative to ensure positive outcomes for
both mother and child. In the areas we have worked in

this year 72.5¥0 of deliveries out of a recorded 189 were in a health clinic surrounded by
professional staff.
We continue to monitor growth of children
6,245 children 13,247 boys, 2,958 girls) were
measured this year. When we identify a child as malnourished, we act. A malnourished child is
th
a child more likely to die before its 5 birthday, that may grow up stunted and more vulnerable
to infection and diseases, it's a child that deserves to be healthy. Mothers with malnourished
children are strongly encouraged to attend one of the 4 nutrition workshops this year
informing mothers and households about what makes up a healthy diet, why a healthy diet is
important, ways to get the nutrients needed and in particularthe importance for small children
and mothers. Alongside this we ran 43 Sarbotam Pitho {super flour making) sessions,
demonstrating how to make nutritious weaning food from locally available ingredients. Our
nutrition programming links closely with our agricultural work to provide seeds, ongoing
contact and agricultural mentoring for mothers to change the root cause of malnutrition, not
just responding to the acute need.
A key part of why what we do works is because we work withi n the communities. We support
Female Community Health Volunteers to learn about how to communicate with people in
health messaging, we work in schoolsso thattheyoungest in the community understand what
keeps them healthy188 sessions conducted this year - 2,116 students attended, boys 946, girls
1,1701 and we aim to get to the people that need support the most, so we visit homes, we go
door to door, we did this 629 times benefitting 4,526 people this year. This is rising as our work
becomes more remote working in communities distributed across a wide area.
Street drama can be dramatic, fun, surprising and always engaging. Our teams use sessions in
public spaces to communicate key health and public awareness messages in a way that is
understood by all within communities. Illiteracy is common in these remote communities so
I,¢r.-
pli
2 3 fl bifkhs

Ji
street drama communicateswith everyone not just the more educated. Our teams ran 4street
dramas this year.
Alongside supporting frontline basic primary healthcare delivery, we support training of staff
within the healthcare system. Our GP mentoring programme continues to place experienced
UK GPS in a health post for a couple of weeks to support the PHASE Nepal teams with difficult
cases and continuing to increase their skills. This year 17 GPS mentored health staff in health
posts.
Agriculture
Our theory of change tells us that we can't change lives and empower people in the long term
without working with communities in multiple ways. Health is vital, but in order for children to
be healthy, families to be secure, opportunities to be created, households need access to
income. For many in remote communities, agriculture is the only way to achieve this, so
therefore we support farming.
This year we supported:
434 female farmers with seeds, materials and training to grow vegetables.
90 households with support to rear chickens
All these activities have the abilityto improve the nutrition of
children and families as well as generate income and are
closely linked with our nutrition programming.

Emergency Response
Nepal is very prone to earthquakes and landslides. Thisyear 2 areas were supported by PHASE
Worldwide in response to landslides and an earthquake. We distributed food packages and
tarpaulin to 32 families in Bichhya in Bajura district. Packages contained- rice 50 kg, dal 5 kg,
oil 3-liter, gram 5 kg and salt 2 kg. We also provided 200 families with blankets and tarpaulin in
earthquake affected areas in Jajarkot and Rukum district.
Education
We provided resources to a family this year in the form of bags, books and stationery. We are
planning to expand our education support further with additional programming after
consulting with communities in the Rugin area through our local partner PHASE Nepal.
PHASE Worldwide Work in the UK
Through the establishment of a partnershipwith Ciné Schoolswe have given 28 primaryschool
children living in poverty in London the opportunityto join a film making club after school. This
opportunity will give the young people the opportunity to develop skills, confidence and
resilience to other areas of their lives. We hope to grow our partnership with Ciné Schools into
the next financial year with the development ofa programme in our home town of Rotherham.
th
Trustees, Report Year Ended 30 June 2024
The Trustees present their report and financial statements for PHASE Worldwide for the year
ended 30th June 2024.
PHASE Worldwide is an international non-governmental, non-political, non-religious
organisation established in 2005. It is constituted under a trust deed dated 14 September 2005
and is registered as a charity with the UK Charity Commission, No. 1112734.
The Trustees have adopted the provisions of the Statement of Recommended Practice ISORP)
"Accounting and Reporting by Charities" IFRS 102) effective in January 2019. The financial
statements also comply with the Charities Act 2011.
Public Benefit Statement
The Trustees confirm that they have referred to the guidelines contained in the Charity
Commission general guidance on public benefit when reviewing the charity's aims and
objectives, and in implementing current, and planning future activities.
PHASE Worldwide has a full set of policies in place to protect people involved with the charity's
work in the UK and Nepal. This includes a safeguarding policy, safeguarding code of conduct,
whistleblowing policy, and a complaints procedure. During the year 2023-2024, no significant
safeguarding concerns were reported within PHASE Worldwide or by any of its partners.

Charity Objectives
I n the year 2023-2024, the Trustees have been able to ensure that the charity continues to fulfil
its objectives for the public benefit in the target area. The objectives of the charity as stated in
the trust deed are:
l. The relief of poverty primarily in Nepal and elsewhere as the Trustees see fit
2. The relief of sickness and the preservation and protection of good health primarily in Nepal
and elsewhere as the trustees see fit
3. To advance the education of communities primarily in Nepal and elsewhere as the trustees
see fit
No individuals or groups in our project areas have been excluded from benefit and the projects
have been developed to include the most vulnerable members of society. No private individual
has benefitted financially from the work of the charity.
Risk Management
The Trustee board identifies and reviews risks which the charity is exposed to and ensures that
appropriate controls are in place to provide reasonable mitigations to these risks. Risk areas are
identified as, but not limited to financial, operational, legal and regulatory, political,
environmental, social, strategic and people.
The Director and Board of Trustees review these risks on a quarterly basis. The assessment
process is managed through an organisational risk register, which assigns management of
these risks to Trustees, Working Groups, or Staff and recommends actions to be taken, where
necessary, in order to manage their likelihood or impact.
10

Legal and Administrative Information
The charity's operations are managed from PHASE Worldwide's registered office.. PHASE
Worldwide, Reginald Arthur House, Percy Street, Rotherham, S65 IED, where the charity's
records and accounts are maintained.
Patrons:
Rosie Swale Pope MBE;
Brian Blessed 08E Hon D.Litt
Ambassador:
Alex Staniforth
Trustees:
Mr Nicholas George William Cragg BSC. CEng. MICE;
Mr Martin Davies OBE, FOID, BA, LLB.
Dr Gerda Pohl MRCOG, MRCGP; _ resigned June 2024
Dr Dilys Noble MB ChB, DCH, Dip Obs & Gynae.
Miss Margaret Lally Bsc MA
Mr Christos Glavanis Bsc FCA- resigned Oct 2024
Mrs Kelly Kendal- appointed August 2023, resigned March 2025.
Mr Paul Evans BA Hons PGCEi-Appointed February 2024.
Mr Chris Hughes ACA- Appointed April 2024
Dr Kate Gascoyne Bmed Bchir MRCP MRCGP- Appointed April 2024

Director:
Mrs Lyndsey McLellan Bsc Msc
Independent Examiner: Burnside Chartered Accountants
Registered Charity Number: 1112734
Financial Review
As of June 30th 2023, PHASE Worldwide held £144,322 of cash in hand and closed the year,
June 30th 2024, with £91,794 of cash in hand. Income was £188.818 - £63,553 unrestricted and
£125,265 restricted. Charitable spend was £167,468, fundraising costs £23,399, support costs
£40,532 and governance costs £10,256.
PHASE Worldwide saw a deficit of £52,837 in the financial year.
Income is steady after a challenging 2022/23 with several projects ending. The integrity of
PHASE Worldwide remains unchanged thanks to its dedicated public supporters and
generous Trusts and Foundations who continue to support the organisation to change lives in
Nepal and the UK.
Reserves Policy
PHASE Worldwide has a reserves policyto mitigate risk and to protect ourworkfrom disruption
at short notice due to a downturn in income or uninsured losses, while at the same time
ensuring that we do not retain income for longer than required. PHASE Worldwide will hold a
minimum of three months costs in reserves, and this is reviewed on a yearly basis.
PHASE Worldwide has identified the following primary reason for holding reserves at the
appropriate level..
To ensure the continuity of PHASE Worldwide's activities in the event of unexpected setbacks,
at a level of at least three months of unrestricted budget expenditure.
Plans for Future Period
PHASE Worldwide, with its partner PHASE Nepal, launched its Start Strong UK Aid Match
project in April 2022. This project has utilised restricted and designated funds, secured through
PHASE Worldwide's Start Strong Appeal until March 2025.
In Nepal, PHASE Worldwide will continue to support PHASE Nepal with health, education, and
livelihoods activities and aims to continue to increase activities that generate funds to support
our long-term partner PHASE Nepal. Efforts are being made to consolidate programming to
plan for the future beyond the Start Strong project developing programmes on Education,
WASH and livelihoods work.
PHASE Worldwide has reviewed its long-term organisational strategy in 23/24. and will
continue to look to identify and support new partners Outside of Nepal. The Board of Trustees
will ensure that available unrestricted funds are restricted to charitable activities, and levels of
reserves are in line with PHASE Worldwide's organisational reserves policy.
12

Trustee's Responsibilities Statement
The Trustees are responsible for preparing the Trustees, Report and the financial statements in
accordance with applicable laws and regulations.
The laws applicable to charities in England and Wales requires theTrusteesto prepare financial
statements for each financial year in accordance with United Kingdom Generally Accepted
Accounting Practice (United Kingdom Accounting Standards and applicable regulations}.
Underthat lawtheTrustees must not approve the financial statements unlesstheyare satisfied
that they give a true and fair view of the state of affairs of the Charity and of the incoming
resources and application of resources of the Charity for that period.
I n preparing these fi nancial 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 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 Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records which are sufficient to
show and explain the Charity's transactions and disclose with reasonable accuracy at any time
the financial position of the Charity and enable them to ensure that the financial statements
complywith the CharitiesAct 2011, the applicable Charities (Accounts and F2eportsl Regulations
and the provisions of the trust deed. They are also responsible for safeguarding the assets of
the Charity and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
Approved by the Trustees and signed on their behalf by:
K,.k
Nick Craggi
Chair of Trustees
Date of Approval: 28th April 2025

Independent Examiner's Report to the
Trustees of PHASE Worldwide
I report to the charity trustees on my examination of the accounts of the Company for the
year ended 30 June 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company
lawl you are responsible for the preparation of the accounts in accordance with the
requirements of the Companies Act 20061'the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited
under Part16 of the 2006 Act and are eligible for independent examination, I report in respect
of my examination of your charity's accounts as carried out under section 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 145151 {bl of the 2011 Act.
Independent examiner's 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 Company as required by section 386 of
the 2006 Act., or
the accounts do not accord with those records., or
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
I have no concerns and have come across no other matters in connection with the
examinatio
to which attention should be drawn in this report in order to enable a proper
understan
ng of the accounts to be reached.
Signed:........
..Stephen Burnside, FCA
Relevant professional qualification or body: ICAEW
Address.. Burnside Chartered Accountants, 61 Queen Square, Bristol, BSI 4JZ
Date
141¥<

Statement of Financial Activities
(Including Income and Expenditure Account)
For the Year Ended 30th June 2024
Note
Unrestricted Restricted
Funds {£)
Funds (£)
Total Funds
2024 (£)
Total Funds
2023 (£)
Income from:
Donations and Legacies
51,994
31,620
83,614
116,727
Contracted Grants
750
93,645
94,395
59,190
Large and Supporter
Events
9,793
9,793
38,742
Investments
1,016
1,016
527
Total
63,553
125,265
188,818
215,186
Expenditure on:
Charitable Spend
34,740
149,159
183,899
133,339
Fundraising Costs
57,308
448
57,756
90,123
Total
92,048
149,607
241,655
223,462
Net (expenditureJ/income ond
net movement in funds
(28,4951
(24,3421
{52,8371
18,276}
Reconciliation of funds:
Total funds brought forward
111,852
29,292
141,144
149,420
Total funds carried forward
83J57
4950
88J07
741,144
15

Cash Flow Statement
As of June 30th 2024
Note
Total Funds
2024 (£)
Total Funds
2023 (£)
Cash used in operating activities
152,5281
318
(Decrease)fincrease in cash & cash
equivalents
152,5281
318
Cash & cash equivalents at
beginning of year
144,322
144,004
Cash & cash equivalents at end of
year
91,794
144,322
Reconciliation of net income to net cash flow from operating activities
Net {Expenditure)fincome for the
reporting period (per the statement
of financial activities)
152,8371
18,2761
Adjustments for:
(Increase)/decrease in debtors
8,821
(Decrease)fincrease in creditors
10
309
1227)
Net cash flow from operating
activities
152,528}
318
16

Balance Sheet
As of June 30th 2024
Total
Funds
2024 (£)
Note
Unrestricted Restricted
Funds (£)
Funds (£)
Total Funds
2023 (£)
Current Assets
Cash at bank and in hand
86,844
4,950
91,794
144,322
Creditors: amounts
falling due within one
year
13,4871
13,487)
13,1781
Net current assets
83,357
4,950
88,307
141,144
Net assets
83,357
4,950
88,307
141,144
Funds of the Charity
Restricted Funds
11
4,950
4,950
29,292
Unrestricted Funds
General Funds
31,011
31,011
41,165
Designated Funds
12
52,346
52,346
70,687
Total Charity Funds
83357
4,950
88307
141,144
Signed by two Trustees on behalf of all the Trustees
Nick Cragg• Chair of
Trustees
Date of Approval
Chris Hughes, Treasurer
th
28 April 2025
17

Notes to the Financial Statements
th
For the Year Ended 30 June 2024
Note l Basis of Accounting
These accounts have been prepared under the historical cost convention with items
recognised at cost or transaction value unless otherwise stated in the relevant notelsl to these
accounts. The accounts have 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 Republic of Ireland IFRS 1021 effective l January 2019
the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland IFRS 1021
and with the Charities Act 2011
The charity constitutes a public benefit entity as defined by FRS 102.
The accounts have been prepared on the assumption that the charity is able to continue as a
going concern, which the trustees consider appropriate having regard to the current level of
unrestricted reserves.
Note 2 Accounting Policies
Note 2.1 Income
Recognition of Income These are included in the Statement of Financial Activities ISOFA)
when:
. the charity becomes entitled to the resources;
it is more likely than not that the trustees will receive the resources., and
. the monetaryvalue can be measured with sufficient reliability
Oftsetting There has been no offsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS102 SORP or FRS 102.
Grants and Donations Grants and donations are only included in the SOFA when the general
income recognition criteria are met (5.10 to 5.12 FRS102 SORPI. In the case of performance
related grants, income must only be recognised to the extent that the charity has provided the
specified goods or services as entitlement to the grant only occurs when the performance
related conditions are met {5.16 FRS 102 SORPI.
Government Grants The charity has received government grants in the reporting period
Tax Reclaims on Donations and Gifts Gift Aid receivable is included in income when there is
a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered
to be part of that gift and is treated as an addition to the same fund as the initial donation
unless the donor or the terms of the appeal have specified otherwise.
18

Notes to the Financial Statements
For the Year Ended 30th June 2024
Note 2.2 Expenditure and Liabilities
Contractual Income and Performance Related Grants This is only i ncluded in the SOFA once
the charity has provided the related goods or services or met the performance related
conditions.
Interest Receivable Interest on funds held is included when receivable by the charity.
Expenditure and Irrecoverable VAT Expenditure is included in the Statement of Fi nancial
Activities on an accruals basis, inclusive of any VAT which cannot be recovered.
Support Costs The charity has incurred expenditure on support costs.
Liability Recognition Liabilities are recognised where it is more likely than not that there is a
legal or constructive obligation committing the charity to pay out resources and the amount
of the obligation can be measured with reasonable certainty.
Grants Payable without Performance Conditions Where there are no conditions attaching to
the grant that enables the donor charityto realistically avoid the commitment, a liabilityfor the
full funding obligation must be recognised.
Deferred Income No material item of deferred income has been included in the accounts.
Creditors The charity has creditors which are measured at settlement amounts less any trade
discounts.
Note 2.3 Assets
Debtors Debtors (including trade debtors and loans receivable) are measured on initial
recognition at settlement amount after any trade discounts or amount advanced by the
charity. Subsequently, they are measured at the cash or other consideration expected to be
received.
Note 2.4 Funds Accounting
Funds held by the charity are:
Unrestricted Funds these are funds which can be used in accordance with the charitable
objectives at the discretion of the Board of Trustees.
Restricted Funds These are funds that can only be used for particular restricted purposes
within the objects of the charity. Restrictions arise when specified by the donor or when funds
are raised for particular restricted purposes.
Designated Funds which have been set aside out of unrestricted funds by the Board of
Trustees and earmarked for future expenditure.
Further explanation of the nature and purpose of each fund is given in the notes to the
accounts.
19

Notes to the Financial Statements
th
For the Year Ended 30 June 2024
Note 3 Prior Period Comparative
Unrestricted Restricted
Funds {£)
Funds (£)
Total Funds
2023 (£)
Income
Donations and Legacies
94,557
22,170
116,727
Contracted Grants
59,190
59,190
Large and Supporter Events
20,773
17.969
38,742
Investments
527
527
Total Income
115,857
99J29
215,186
Expenditure
Charitable Spend (UK & Nepall
44,438
88,901
133,339
Fundraising Costs
72,448
17,675
90,123
Total Expenditure
116.886
lo6￿76
223,462
Net income/(expenditure)
11,0291
17,247}
(8,2761
Transfers between fund5
1410)
410
Net movement in funds
,439)
(6,837)
(8,276)
20

Notes to the Financial Statements
th
For the Year Ended 30 June 2024
Note 4 Analysis of Income
Unrestricted Restricted Total Funds
Funds (£)
Funds {£)
2024 (
Total Funds
2023 (£)
Donations and Legacies
51,994
31,620
83,614
115,727
Contracted Grants
750
93,645
94,395
59,190
Large and Supporter Events
9,793
9,793
38,742
Investments
1,016
1,016
527
Total
63￿53
125,265
188,818
215,186
Donated services and facilities
In accordance with FRS 102 and the Charities SORP IFRS 1021, the economic contribution
of general volunteers is not recognised in the accounts. Refer to the trustees, annual
report for more information about their contribution.
Note 5 Analysis of Expenditure
Unrestricted Restricted
Funds (£)
Funds (£)
Total
Funds
2024 (£)
Total Funds
2023 (£)
Fundraising Costs
57,308
448
57,756
90,123
Charitable Spend (UK &
Nepall
34,740
149,159
183,899
133,339
Total
92,048
149,607
241,655
223,462
21

Notes to the Financial Statements
For the Year Ended 30th June 2024
Note 5 Analysis of Expenditure (continued)
Grants
Direct
Other
Staff
Direct
Costs (£) Costs (£)
Allocation of
Support Costs
Total
Funds
2024
1£)
(o
Fundraising Costs
20,614
2,785
34,357
57,756
Charitable Spend (UK &
Nepall
167,468
16,431 183,899
Support Costs
34,357
16,431
150,788)
Total
167,468
54,971
19,216
241,655
Direct
Staff
Costs 1£)
Other Direct
Costs {£)
Support Costs include:
Support Staff Costs
31,609
31,609
Premises Costs
Office Costs
8,924
8,924
Governance Costs
10,256
2,749
7,507
50,788
34,357
16,431
22

Notes to the Financial Statements
th
For the Year Ended 30 June 2024
Note 6 (Expenditure)/lncome for the Year
Expenditure and basis of allocation costs
Expenditure is recognised in the period in which it is incurred. Expenditure is analysed
into the following activities.
Raising Funds
Salaries and direct expenditure of staff engaged in fundraising
activities.
Support Costs
Office costs including the costs of financial controls, IT, HR, and
payroll.
Project Delivery
and Support
Salaries and direct expenditure of staff involved in project
administrative support, networking, and development of projects in
Nepal.
Advocacy and
Awareness
Costs incurred in raising awareness of institutions, groups, and
members of the public on issues being addressed by the charity.
Business
Development
Salaries and direct expenditure of staff engaged with developing
strategic opportunities and growth of the charity.
Governance Costs Costs associated with the governance arrangements ofthe Charity.
These costs are associated with the constitutional and statutory
requirements and include any costs associated with the strategic
management of the charities activities.
This is stated after charging..
2024 (£) 2023 (4
Independent Examiner Fees
3,150
3,000
Total
23

Notes to the Financial Statements
For the Year Ended 30th June 2024
Note 7 Staff Costs
2024 (£) 2023 (£)
Salaries
54,001
80,952
Social Security Costs
3,567
Pension Costs
970
1,537
Total
54,971
86,056
No employees received employee benefits (excluding employer pension costs) for the
reporting period of more than £60,000.
Average Head Count in the Year
2.75
2024 2023
Raising Funds
340
27%
Advocacy and Awareness
13%
20%
The parts of the charity in which the
employees work
Business Development
13%
Support Costs
190
19Yo
Project Support
15%
16%
Governance Costs
The key management personnel of the charity comprise the Board of Trustees and the
Director. The total employee benefits of the key management personnel of the charity
during the year was £25,151,12023 - £38,277).
24

Notes to the Financial Statements
th
For the Year Ended 30 June 2024
Note 8 Grants Analysed by Project and Location
Project
Location
Unrestricted Restricted Grant
{£)
(£)
Paid {£)
Start Strong 2022-2025 Project
Bajura
116,418
116,418
Nepal Core
Nepal
4,450
4,450
Earthquake
Bajura
3,500
3,500
Manbu Health Post
Gorka
35,000
35,000
Jair Health Post
Humla
6,000
6,000
Cine Schools
UK
2,100
2,100
Total
167,468
167,468
Note 9 Creditors and Accruals
2024 (£)
2023 (£)
Other Creditors
3,487
3,178
Total
3,487
3,178
25

Notes to the Financial Statements
th
For the Year Ended 30 June 2024
Note 10 Analysis of Net Assets Between Funds
Fund balances at 30th June 2024 are represented by.
Unrestricted
Funds (£}
Restricted
Funds (Q
Total
Funds
(£)
Cash at bank and in hand
86,844
4,950
91,794
Other net current assets/(liabilities)
13,487)
13,4871
Total
83J57
4,950
88307
26

Notes to the Financial Statements
For the Year Ended 30th June 2024
Note 11 Restricted funds held and movements during the year
Fund Name
Fund Purpose
Brought
Forward (4
Income Expenditure
Carried
FonNard
(£)
(£)
Annie J Gower
Charitable Trust
Start Strong 22-25
1,188
1,320
2,508
Austin Bailey
Foundation
Start Strong 22-25
1,000
1,000
Be One Percent
Start Strong 22-25
4,878
4,878
Big Give- Jair
Birchley St Mary's
Third World
Group
Bristol to
Basecamp
The Bryan
Guinness
Charitable Trust
Jair Health post
18,744
15,931
2,813
Earthquake
200
200
BTBC
294
294
Start Strong 22-25
5,261
5,261
Cauda Trust
Equipment
10,000
10,000
Anonymous
individual
Cine schools
2,100
2,100
Cumbria
Overseas Aid
Trust
Start Strong 22-25
1,000
1,000
De La Rue
Charitable Trust
Start Strong 22-25
1,350
1,350
FCDO Start
Strong
Start Strong 22-25
15.569
41,618
57,187
Guernsey
Overseas Aid
Equipment
10,000
7,863
2,137
James Tudor
Charitable Trust
Start Strong 22-25
5,000
5,000
Manbu 2023
Campaign
Manbu 2023
1,266
9,164
10,430
27

Notes to the Financial Statements
th
For the Year Ended 30 June 2024
Note 11 Restricted funds held and movements during the year
(continued)
Pat Newman
Memorial Trust
Start Strong 22-25
1,500
1,500
Richard Sampson Start Strong 22-25
Souter Charitable
Trust
356
356
Start Strong 22-25
5,000
5,000
The Big Give
Campaign
Coles Medlock
Foundation
Jair Health post
5,068
5,068
Jair Health post
5,000
5,000
The Hasluck
Charitable Trust
Start Strong 22-25
1,000
1,000
The Henhurst
Charity
Van Neste
Foundation
Start Strong 22-25
1,000
1,000
Start Strong 22-25
GP Mentoring
Admin costs
4,069
4,069
GP mentoring
1,612
1,612
Total Restricted
Funds and
Movements
29,292
125,265
149,607
4,950
Description of Restricted Funds
PHASE Worldwide recognise donations, gifts, and grants, which have set conditions of use
as restricted funds. I n the year ending June 30th 2024, PHASE Worldwide received, spent,
and carried forward restricted donations, gifts, and grants related to the following areas of
charitable activities.. healthcare, education, livelihoods, and organisational development.
28

Notes to the Financial Statements
th
For the Year Ended 30 June 2024
Note 12 Details of Designated Funds
Designated
Funds
Balance at
New
Ist July 2023 Designations
Utilised/Release
d(£)
Balance at
30th June
2024 (£)
{£)
Start Strong
Project 2022 -
2025, Far West
Nepal
70,687
18,341
52,346
Total
Designated
Funds and
Movements
70,687
18,341
52,346
Description of Designated
Funds
Income generated from PHASE Worldwide's Start Strong Appeal, which ran from
th
March 26 2021 to June 25th 2021, to be used in a future specific geography and project.
The appeal raised a total of £137,467, with £103,296 being earmarked as Designated
Fund by the Board of Trustees in June 2021. Of this, £18,341 has been spent in YE 2024,
with PHASE Worldwide holding £52,346 for the Start Strong Project.
29

Notes to the Financial Statements
For the Year Ended 30th June 2024
Note 13 Transactions with Trustees and Related Parties
The charity has no transactions with related parties other than
Trustee expenses.
None of the Trustees have been paid any remuneration or received any
other benefits from an employment with their charity of a related entity.
{2023- £ nil)
Trustee Expenses
The charity has paid Trustees expenses for fulfilling their duties.
Type of Expenses Reimbursed
2024 (£)
2023 (£)
Travel
Total
N umber of Trustees reimbursed for expenses
or who had expenses paid by the charity.
For more information about PHASE Worldwide visit www.phaseworldwide.org
Contact Us= info@phaseworldwide.org | Reginal Arthur House, Percy Street, Rotherham, 565 IED | Registered Charity Number..
1112734
PHASE
IPE
30