(A company Ilmlted by guardntee)
Charfty No. li￿77
31 Marth 2025

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Contents
Pages
2to4
Trustees. Annual Report
Independent Examlnees Report
statement of Hnandal Actlvltles
Balance Sheet
Notes to the Accounts
8t015
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Trustees Annual Report
The trustees, who are also dirertor5 of the tharfty forthe purposes of the Companles Act 2006,
present their report with the unaudlted finandal ststements of the charlty for the year ended 31
March 2025.
REFERENCE AND ADMINISTrATIVE DETAIIS
company No. 0571M054
Charlty No. 1115277
Re81stered Offic•
Unlt 21 Mackjey Industrtal Estate
Small Dole
Henfield
BN5 9XR
Dlrectors and Tntstees
The Dlrectors of the charitsble company are Its Trustees for the purposes of tharbty law.
The followlng Dlrectors and Trustees served durlng the year.
L Barry
S.& Koneckl
Leek
L Whlte
Dlrectors of Corporate Tntstees
S.C Koneckl
Leek
Tlme Accounts Limltsd
Unlt 3 Engllsh Buslness Park
English Close
Hove
East Sussex
BN3 7ET
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Trustees Annual Report
srRucfuRE. GOVERNANCE AND MANAGEMENT
Nature of 8overnln8 document
The company is registered as a charltable company Ilmlted by guarantee and was set up by a Trust deed.
The company Is constituted under the Artlcles of Associatlon and Is reglstered charlty number 1115277.
Revultment and appolntment of tft
•The meetlng Is to be set and objectlves set by the Founder,
•AII Trustees must be In attendance;
•The Trustee must carefully conslder the ellglblllty and approprlateness of the proposed trustee;
•A majorlty Vote must be a8reed before appolntlng new members of the board.
OBJECTIVES AND ACTivmES
Objects and alms
Mlsslon:
DROP4DROP belleves everyone, everywhere, has the rf8ht to clean water. Access to clean water transforms
Ilves, creates OPPOrtunltles and lays the foundatSons for a brl8hter future.
Purpose:
DROP4DROP (forthwlth named as *he CharSty') Is a publlc benefit or8an15atlon that Is committed to provldln8
clean water projects across the globe to communltles wlthout access.
• The Charlty, based In the Unlted Klngdom, seeks to provlde clean drlnklng bore-wells across the globe to
communltles Ilvlng wlthout access. The Charlty's 8oal Is to strateglse and Implement tools and solutlons to
allevlate the World Water Crlsls
• The Charlty provldes grants to In-country or8anlsatlons to provlde Sustslnable clean water solutlons,
funded by vltsl donatlons from corporate and prlvate Indlvlduals.
• The Charfty recelves fundlng and operatlonal support from Llfe UK Ltd {mentloned forthwlth as The
Buslness,) to ensure operatlonal costs are absorbed outslde the Charlty's flnanclal structure.
. The Charfty researches and 5mplements the advancement of resources and methods to provlde clean water
to communltles Ilvln8 wlthout ac￿5 to clean water,
• The Charlty utlllses partnershlps wlth non-governmentsl or8anisatlons In the locatlons of work and
provldes 8rants to outsource physlcal constructlon of wells. The Charlty's objectlves are the rellef and
asslstance of people In developlng countrles deprlved of clean drlnkln8 water. In partlcular acceptln
admlnlsterln8 and redlstrlbutlng donatlons from the bottled water and soft drlnks Industry and investing
these donatlons In water projects In affected countrles.
Publ1¢ benefft
The slgnfficant actlvltles undertaken by charlty durln8 the year are:
•Clrca 79 clean water projects construrted, rou8hty 30,000 people reached.
•lmplemented clean water projects In Uganda, The Gambla, Malawl, Zambia, Kenya and Tamll Nadu, Indla.
•Contlnued development on projects in Kenya and Zambla.
•Contlnued work on developlng our carbon offsettlng programrne In Uganda.
The trustees confim that they have complled wlth the requlrements of sertlon 17 of the Charities Act 2011
to have due regard to the publlc benefft guldance publlshed by the Charlty Commlsslon for England and
Wales.
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Trustees Annual Report
Golng Concern
After maklng approprlate enqulrfes, the Trustees have a reasonable expectatlon that the cornpany has
adequate reSoUr￿S to contlnue In operatlonal exlstence for the foreseeable future. For thls reason. they
continue to adopt the going concern basls In preparlng the flnancial statements, Further details regarding the
adoptlon of the golng concern basls can be found In the accountln8 pollcles.
ACHIEVEMENTS ANO PERFORMANCE
Maln achlevements of the charlty are as follows:
•Clrca 79 clean water projects constructed, roughly 30,000 people reached.
•lmplemented clean water projects In Uganda, The Gambla, Malawl, Zambla, Kenya and Tamll Nadu, Indla.
•Contlnued development on projects In Kenya and Zambla.
•Contlnued work on developlng our carbon offsettlng programme In U8anda.
Dats collectlon from old projects across our project locatlons
FINANCIAL REVIEW
The charlty contlnues Its SUPPOrt to ongoln8 projects. ExpendSture Is Incurred In furtherance of the charfty
prlorltSes as outllned In Its ObJertlves and Actlvltles.
The charlty has s18nfflcant reserves whlth the Trustee closely monltor.
Poll¢y on rnserves
The charlty wlll ensure there are always funds avallable for prlorltles and wlll analyse all commttments to
ensure efflclency wlthout overspend.
The Trustees are responslble for keepln8 proper accountlng records that dlsclose wlth reasonable accuracy at
any tlme the flnanclal posltlon of the charlty and to enable them to ensure that the flnanclal statements
comply wlth the Companles Act 2006. The Trustees are also responslble for safeguardlng the assets of the
charlty and hence takln8 reasonable steps for the preventlon and detectlon of fraud and other Irregularltles.
The above report has been prepared In accordance wlth the provlsions appllcable to companles subject to
the small companles re8lme as set out In Part 15 of the Companles Act 2006 and In accordance wlth the
Charltles SORP (FRS 102).
Slgned on behalf of the board
K.L. Barry
Trustee
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Independert Examlners Report
Independent Examws Report to the trustees of [￿0p40￿ Umlted
I report to the charity trustees on my examlnatSon of the financial ststements of Drop4Drop Limlted for the
year ended 31 March 2025 which comprfse the Statement of Flnanclal Actlvltles, the Summary Income and
Expendlture AccounL the Balance Sheet and the related note&
Responslbllltles and basls of report
As the charity's trustees of the company (and also Its dlrectots for the purposes of company law) you are
responslble for the preparatlon of the financlal statements In accordan￿ wlth the requlrements of the
Companies Act 2006 ('the 2(X)6 ACL
Havln8 satlsfied myself that the flnanclal ststements of the Charlty are not requlred to be audlted under Part
16 of the 2006 Act and are ell8lble for Independent examlnatlon. I report In respect of my examlnatlon of
your charlty's financlal statements as carrled out under sertlon 145 of the Charftles Act 2011 ('the 2011 Act,).
In carrylng out my examlnatlon I have follt)wed the Olrectlons glven by the Charlty Commlsslon under sectlon
145151 Ib) of the 2011 Act.
Independent examlnevs statoment
I have completed my examlnatlon. I can confirni that no matsrfal matters have come to my attentlon In
Connectlon wlth the examlnatlon 8lvln8 me cause to belleve:
• accountln8 records were not kept In accordance wfth sectlon 386 of the 2￿6 Act . or
• the flnanclal statements do not accord wlth those record5; or
• the flnanclal statements do not compty wfth the accountlng reqUlreft￿nts under sectlon 396 of the 2006
Act other than any requlrement that the finandal statements glve a true and falr, vlew whlch Is not a
matter consldered as part of an Independent examlnatlon: or
• the flnanclal statements have not been prepared In accordance wlth the methods and prfnclples of the
Statement of Recommended Practlce for accountln8 and reportlns by charftles appllcable to charltles
preparlng thelr accounts In accordance wlth the Flnandal Reportlng stsndard appllcable In the UK and
Republlc of Ireland (FRS 102).
I have no concerns and have come across no other matters In conr￿ctIon wtth the examlnatlon to whlch
attentlon should be drawn In thls report In order to enable a proper understsndln8 of the financlal
statements to be reached.
Mrs Hannah Thatcher, FCA LLB
Instltute of Chartered Accountants England & Wales
Tlme Accounts Umfted
Unlt 3 Engllsh 8uslness Park
En8llsh aose
Hove
East Sussex
BN3 7Er
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Statement of Fln3n¢lal Actlvld
for the year ended 31 Mar¢h 2025
fund5 Total fvnds T¢>tal funds
2024
Inmffle and end(r*mients
froffl:
Donatk)ns and le8ades
T•)tal
81.798
81.798
83,642
81.798
81,798
83,642
Expendlture on:
Charltable activitles
Other
138,416
67
138A16
67
149,468
68
T¢)tal
138,483
138,483
149,S36
Net galns on Investments
Net expendlture
Transfers between fvnds
(56.685)
156,685}
(65,894)
Net expendlture before oth•r
galnslllosses
(56,685)
(56,685)
(6S,894>
Other galns and1055e5
Net mowment In lunds
(56.685)
(56.685)
(65.894)
Recondllatlon of fund5:
Totsl funds brought forward
169.655
169.655
235.549
Totsi lunds carrfed forward
112,970
112,970
169,655
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Balance Sheet
at 31 Mar¢h 2025
Company No. 05704054
Noteg
2025
2024
Current assets
Debtors
Cash at bank and In hand
21.785
93,781
115,566
(2,596)
112,970
112.970
21,785
150,580
172,365
12,710)
169,655
169,655
169.655
Credltors: Amount falllng due wlthln one year
Net curyent aswts
10
Total assets less current Ilabllltles
Net assets excludlng penslon asset or Ilablllty
112,970
Totsl net assats
112,970
169,655
The funds of the charfty
Unrestrfrted funds
General funds
11
112,970
169.655
112,970
169,655
Total lunds
112,970
169,655
These accounts have been prepared In accordance wlth the speclal provlslons of Part IS of the Companles
Act 2006 relatln8 to small companles.
For the year ended 31 Marth 2025 the company was entltled to exemptlon under sertlon 477 of the
Companles Act 2006 relatlng to small companles.
The members have not requlred the company to obtaln an audlt In accordance wlth sertlon 476 of the
Companles Act 2006,
The dlrertors acknowledge thelr responslbllltles for complylng wlth the requlrements of the Companles Act
2006 with respect to accountin8 records and the preparatlon of accounts.
Approved by the board on 16 December 2025
And 518ned on Its behalf by..
K.L. Barry
Trustee
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Notss to the Accounts
for the year ended 31 Marth 2025
l A¢¢ountln8 polld
ststement of Compllance
The flnanclal statements have been prepared In accordance wlth Accountln8 and Reportlng by Charftles:
ststement of Recommended Practlce appllcabk to tharttles preparin8 thelr accounts In accordance wlth
the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102) (effectlve I
January 2019) - Icharltles SORP (FRS 102)), the Flnandal Reportlng Standard appllcable In the UK and
Republlc of Ireland (FR5 102) and the Companles Act 2006 and Charftles Act 2011.
Basls ol preparatlon
Drop4Drop Ltd meets the definttlon of a publlc benefft entity under FRS 102. Assets and Llabllftle5 are
Inltfally reco8nlsed at hlstorlcal cost or tran&ictlon value unless otherwlse stated In the relevant
accountln8 pollcy notes.
Chan8e In ba$ls of ac<ountln8 or to prevknis accou
There has been no chan8e to the accountlng poliaes Ivaluatlon rules and method of accountlng) slnce
last year and no change5 have been made to accounts for prevlous years.
Fund •¢¢auntln8
Unrestrlcted funds These are avallable for use at the dlscretlon of the trustees In furtherance of the
general objects of the tharlty.
Desl8nated funds These are unrestrfcted funds eannarked by the trustees for partlcular purposes.
Revaluatlon fvnds These are unrestrfrted funds whlch Indude a revaluatlon reserve representln8 the
reststement of Investment assets at thelr market values.
These are avallable for use subjert to restrlcttons Imposed by the donor or through
tenns of an appeal.
Restrlcted funds
Income
Reco8nltlon of
Income
Income Is Induded In the Statement of Flnanclal Actfvltles (SOFA) when the charlty
becomes entftled to, and vlrtually certaln to recelve, the Income and the amount of
the Income can be measured wlth sufflclent rellablllty,
Income wlth related Where Income has related expendlture the Income arHI related expendlture ts
expendlture
reported 8ross In the SOF
Donatlons and
legacles
Voluntary Income received by way of 8rants, donations and glfts Is Included In the
the SOFA when recelvable arKI onty when the Charlty has uncondltlonal
entltlement to the income.
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Notes to the Accounts
Empendltsife
Recognition of
expendlture
All expenditure is recoBnised once there is a legal or constructfve obllgatlon to that
expendlture, It Is probable settlement Is requlred and the amount can be measured
rellably. All costs are allocated to the appllcable expendlture heading that
a88regate slmilar costs to that category. Where costs cannot be dlrectly attrlbuted
to particular headln8S they have been allocated on a basls conslstent with the use
of resource5, wlth central staff costs allocated on the basls of tlme spent, and
depreclatlon charges allocated on the portlon of the asset's use. Other support
Costs are allocated based on the spread of stsff costs.
Expendlture on
These comprlse the costs assoclated wlth attractln8 voluntary Income, fvndralsln8
ralsln8 funds
tradlng costs and Investment management costs.
Expendlture on
Charltable expendlture comprlses those costs Incurred by the charlty In the dellvery
charftable actlvltles of Its actlvltles and servlces for its beneficlarles. It Includes b¢xh costs that can be
allocated dlrectly to such actlvltles and those costs of an Indlrect nature necessary
to 5UPPQrt them.
All grant expendlture Is accounted for on an actual pald basls plus an accrual for
8rants that have been approved by the trustees at the end of the year but not yet
pald,
These Include the costs attrlbutable to the charlty's compllance wlth constltutlonal
and ststutory requlrements, Includlng audlt, strateglc management and trustees's
meetlngs and relmbursed expenses.
Other expendlture These are support costs not allocated to a partlcular actlvlty. Support costs Include
central funrtlons and have been allocated to actlvlty Cost cats8orle5 on a ba51s
conslstent wlth the use of resources, for example, allocatln8 property costs by floor
areas, or per caplta, staff costs by the tlme spent and other costs by thelr usa8e.
Grants payable
Governance costs
T•xatlon
The charlty Is consldered to pass the tests set out In Paragraph I Schedule 6 of the Flnance Act 2010 and
therefore It meets the deflnltlon of a charltable company for UK corporatlon tax purposes. Accordlngly,
the charlty Is potentlally exempt from taxatlon In respect of Income or capStal galns reeelved wlthln
cate8orles covered by Chapter 3 Part 11 of the Corporatlon Tax Act 2010 or Sectlon 256 of the Taxatlon
of Chargeable Galns Art 1992, to the extent that such Income or 8alns are applled excluslvely to
charltable purposes.
Trnde and other debtors
Trade debtors are amounts due from customers for merchandlse sold or serylces performed In the
ordlnary course of buslness. Trade debtors are recognlsed Inltlally at the transaction prlce. They are
subsequently measured at amortised cost uslng the effertlve Interest method. less provlslon for
Impalrment. A provlslon for the Impalrment of trade debtors Is estsblished when there Is objertlve
evldence that the charlty wlll not be able to collect all amounts due according to the orlglnal temis of the
recelvables.
Accrued Income relates to money the charity Is due to recelved In relatlon to donatlons I grants but has
yet to be recelved, and for whlch an Involce / request for funds has yet to be made to the donor.
Cash and ￿$h equlvalents
Cash and cash equlvalents comprise cash on hand and call deposlts, and other short-term hl8hly Ilquld
Investments that are readlly convertlble to a known amount of cash and are subhct to an Insl8niflcant
risk of change In value.
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Notes to the Accounts
Trade and other credltors
Trade credltors are obll8atlons to pay for goods or servkes that have been acqulred In the ordlnary
course of buslness from suppller& Accounts payable are dassified as current liabilitles ff the charlty does
not have an uncondltional rl8ht, at the end of the reportlng period, to defer settlement of the credltor
for at least twelve months after the reportlng date. ff the￿ ts an unconditional right to defer settlement
for at least twelve months after the reportlng date. they are presented as non-current Ilabllltles.
Trade credltors are reco8nlsed inftlally at the transactlon prke and subsequently measured at amortlsed
cost usln8 the effeCt￿e Interest method.
Pen51on ￿$ts
The charfty operate5 a defined contrlbutlon plan for Its employees. A defined contrfbutlon plan Is a
penslon plan under whlch the company pays fixed contrfbutlons Into a separate entlty. Once the
contrlbutlons have been pald the company has no further payments obllgations. The contrlbutlons are
recognlsed as expenses when they fall due. Amounts not pald are shown In accruals In the balance sheet.
The assets of the plan are held separately from the company In Independentty admlnlstered funds.
Fund structurn
Unrestrtcted Income funds are general funds that are wallable for use at the trustees dlscretlon In
furtherance of the objertlves of the charlty.
Flnandal Inrtruments
aMsffic•tlon
Flnandal assets and flnandal Ilabllftles are reco8nlsed when the charlty becomes a party to the
contractual provlslons of the InstrumenL
Flnanclal Ilabllftles arml equlty Instruments are classmed accordln8 to the substance of the contractual
arrangements entered Into. An equlty Instrument Is any contrart that evklences a re51dual Interest In the
assets of the tharfty after deductln8 all of Its Ilabllltles.
Goln8 concern
The trustees conslder that there are no materfal uncertalntles about the charlvs ablllty to contlnue as a
golng concern nor any $18nlflcant areas of uncertalnty that affert the carrylng value of assets held by the
charlty.
Exemptlon from preparfn8 a ￿$h fiow statem
The charlty Is exempt Irom preparatlon of a cash flow ststemenL
2 Charlty StatUS
The charlty Is Incorporated In England and Wales and Is Ilmlted by 8uarantee and consequently does not
have share capitsl. Each of the trustees Is Ilable to contrlbute an amount not exceedlng £1 towards the
assets of the charlty In the event of Ilquldatlon. The charftyls Incorporated In En8land and Wales.
The address of Its re8iStered office is:
Unft 21 Mackley Industrlal Estate
Small Dole
Henfleld
BN5 9XR
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Notes to the Accounts
3 Statement of Flnandal Artlvltles- prfor year
Unrestrlcted
funds Totsl funds
2024
2024
In¢ome and endowments from:
Donatlons and legacles
Total
83.642
83.642
83,642
83,642
Expendlture on:
Charftsble actlvltles
149,468
68
149,468
Other
Total
149.536
149.536
Net Incorne
(65,894)
(65,894)
Net Incorne before other
galnslllosses)
Other galns and losses:
Net movement In fvnds
{65,894)
165,894)
(65.894)
(65,894)
Re￿ndIlatIon of funds:
Totsl funds bmught forward
Totsl funds carrled for￿rd
235,549
235,549
169,655
169.655
4 Income from donatlon$ and legacles
Unrestrlrted
Total
Total
2024
Charlty incoming resources
(projects)
81,798
81,798
83,642
81,798
81,798
83,642
Grants received are unrestrfcted but are to be used by the charlty In furtherance of Its mlss5on and to be
provlded to recipient Instltutions to be used for the purposes of clean water projects.
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Notes to the Accounts
5 Expendltsre on dHrltable acllvft
T¢)tsi
2024
2025
Expenditure on choritoble
aCtI￿￿e5
Small Costs (Prolects)
Grants made
70
70
258
90,620
90,620
88,104
Allocated support cost-
wages & salarles
Allocated support cost-
penslon
Other governance cost
46,636
1,0
I￿13
1,013
6.713
138,416
6,713
138,416
13,457
149,468
6 Analy515 of grnnts
Total
Total
Clean Water Project In Indla
Clean Water Projert in Uganda
Clean Water Project In Zambla
aean Water Project In Kenya
aean Water Project In Gambla
Clean Water Projert In Malawl
21.109
10,764
9,194
2.678
27,914
43,577
8,960
7,6S3
26,997
19,878
90,620
88,104
Grants for dean water projects In Tamll Nadu, Indla were pald out to the followlng organlsation& RCLWA
(Rural Christian Lepers Welfare Association)
Grants for dean water projects in the Hoima Dtstrk¢ U8anda and Mpi8i Distri¢¢ U8anda were pald out to
the followlng organlsatlons.
Kituntu Women's Assoclatlon
Grants for dean water projects In The Gambla were paid (Krt to the followinB organisations.
Water Charity
Grants for dean water projects in Malawl were pald out to the followln8 or8anlsatlons.
Wells for Zoe
Grants for clean watsr projects In Kenya were pald to the followlng organlsat5ons.
Well Boring
Grants for clean water projects In Zambla were pald out to the followln8 or8anlsatlons.
Vlllage Water Zambla
The provision of 8rants to suth institutions are unrestrlcted but are to be used for the purp)se of clean
water projects.
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Notes to the A￿OUnts
7 Other expendlture
Unrestrlrted
Totsi
2025
Totsi
General admlnlstratlve costs
67
67
68
67
67
68
8 Stsff costs
2025
1,013
1,013
2024
Penslon costs
1,013
1,013
No employee recefved emoluments In excess of £60,000.
The avera8e monthty number of fvll tlme equlvalent employees durln8 the year was as follows:
2025
Number
Number
9 Debto
2025
Trade debtors
21,785
21,785
21,785
21,785
10 Credltors:
amounts fallln8 due wlthln one year
2025
2024
Trade credltors
Other tsxes and soclal securlty
Other credltors
Accruals
160
657
225
1,668
2,710
612
225
1.675
2,596
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Notes to the Accounts
11 Movement In funds
Incomlryq
(Indudlns ftesources
expended
At31
At l Aprfl galnsllosses
2024
Restrlcted funds:
Unre5tr1¢ted Funds:
Generdl fvnds
Totol Funds
169,655
169,655
81,798
81,798
(138,483)
(138,483)
112,970
112,970
Prevlous Ye•r
In¢omlnB
At31
March
2024
(Indudln8
At l Aprfl
other
2023 plnsllosses)
expended
Unrestrlcted Funth:
Genefal Funds
Total Funds
235.549
235,549
83,642
83.642
(149,536)
1149,S36)
169,655
169.655
funds
Total
Current assets
Current Ilabllltles
T¢)tsl net a5sats
115,566
12,596)
112,970
115,566
(2,596)
112,970
At31
Unrejtrlcted
funds
2024
172,365
12,710)
169.655
Current assets
Current Ilabllltles
Total net assets
172,365
12,7101
169,655
13 Recondllatlon of net debt
At31
Marth
At l Aprfl
Cash
Cash and cash equlvalents
150,580
150,580
{56,799)
(56,799)
93.781
93,781
Net debt
ISO,S80
(56,799)
93,781
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Notes to the Accounts
14 Commltments
2025
The Pen￿On cost char8e to the company
amounted to:
1.013
1,0
Unpald contrlbutlons due to the fund are
Included in other credStors and amountsd to:
225
225
15 Relatsd party dtsdosurns
Nome ofrelated porty
Descrlpdon of relatlonshlp
between the portles
Descrlpuon of trnnsactlon
Trustee of the charlty Is also dlrector of UK
and geneml amounts
company. Llfe UK Umlted. Durln8 the year,
Involved
charlty recelved charltable donatlon of
Amount duefrom/(toJ the relotedparty
LL Barry
Trustee
20,000
7,872
Nome of relatedparty
Descrlptlon of relatlonshlp
between the par
S.C Koneckl
Trustee
Trustee of the charlty Is also dlrector of UK
Descrlptlon of tronsortlon
company, Llfe UK Umlted and Factory 21
and general omounts
Limtted. Durlng the year. charity recelved
Invofved
charitable donatlon of
Amount duefrom/{toJ the related party
Contr￿1￿8 portv
20,IXIO
7￿72
The company Is Ilmlted by guarantee and has no share capltal: thus no sln8le party contro15 the companv.
Pa8e 15

Drop4Drop Umlted
Detalled Ststement of Flnanclal Actmtles
for the year ended 31 Mar¢h 2025
Unrestrlcted
funds Total funds Total fvnds
2025
2025
2024
Income and endowrnents from:
Donatlons and legacles
81.798
81,798
81.798
81,798
83.642
83,642
Total Income and endowments
81,798
81,798
83,642
Expendfture on:
Charltable actlvltles
Small Costs (Projects)
Grants made
70
90,620
90,690
70
90.620
90,690
258
88,104
88,362
Governance costs
40,000
1,013
6,713
47,726
40,000
1,013
6,713
47,726
46,636
1,013
13,457
61,106
Totsl of expendltsirn on ¢harltable
actlvftles
138,416
138,416
149,468
General admlnlstratlve costs,
Includln8 depreclatlon and
amortlsatlon
Bank charges
67
67
67
67
67
67
Totsl of expendlture of other ¢osts
Total expendlture
Net galns on Investments
138,483
138,483
149,536
Net expenditsre
{56,685)
156,685)
(65,894)
Net expendfture beforn other
8alns/llosse5
Other Galns
{56,685)
{56,685)
165,894)
Net movement In funds
{56.685)
(56.685)
{6S,894)
Reconclllatlon of funds:
Totsl funds brought forward
169,655
169,655
235,549
Total funds farrfed foThvard
112,970
112,970
169,655
Page 16