FRANK WATER Frank Water Projects Report and unaudited financial statements 30 September 2024 Charity no." 1121273 Company no. OS580994 IIIIINU AE5114PT 2610612025 COMPANIES HOUSE
193
Frank Water Projects | Report and unaudited financial statements130 September 2024 Contents Page 1. Trustees. annual report (a) (b) (c) Reference and administrative details Objectives and activities Achievements and performance Systems Strengthening WASH Tapp Collective Water Stewardship (iv) Education & Awareness (v) Research (vi) Advocacy [vii) Fundraising (viii) Future plans Financial review structure. govemance and management (li) 10 10 11 13 13 14 15 17 18 Id) (e) 2. Independent examiner's report 3. Statement of financial <iLLivities 23 4. Balance sheet 24 S. Notes to the accounts 26
Frank Watèr Projects l Report and unaudited financial statements130 September 2024 1. Trustees. annual report Frank Water has continued to deliver significant impact in the last year. We've worked to alleviate global water poverty. enhance health and protect the natural environment through our work both locally and overseas. Our Comprehensive. Gommunity led work at the watershed level has enabled the use of integrated water resources management and guided careful location of nature based solutions. Subsequently. Frank Water has rejuvenated natural springs and groundwater reser4es. ensuring access to sustainable safe drinking water. as well as enabling better sanitation and hygiene. for communities at the forefront of the water and climate crisis. The approaches and tools that we've continued to develop. enable communities to better understand water and work with their watershed and its natural landscape to improve water availability and quality. empowering them to lead their own developmenL Our education. awareness and behaviour change work has ached more people within the UK this year. as well as globally through development of online education resources. We have provide(l a water-secure future for over 32.830 people in India and Nepal through our substantive work in the last twelve months alone. whilst 153.000 children have been engaged globally through our online education reswrces. inspiring them to protect and conserve fresh water locally and through their consumer behaviours. globally_ In parallel. here in the UK we've received ongoing and new funding acr055 all fundraising channéls. fvrther diversifying our income. and have built new and long-term partnership- to support our futu growth.
Frank Water Projects l Report and unaudited financial statements | 30 September 2024 (a) Reference and administrative details Registered Name Frank Water Projects (known as Frank Water or Frank Water Charity) Charity number 1121273 Company number 05580994 Registered office and operational The Create Centre address Smeaton Road Bristol BS1 OXN Trustees/Company directors Anoo Jain. Chair Oliver Jones Shawn Smith Richard Higgs Paula Morcillo De Amuedo (appointed May 2024) stephanie Hurry (appointed 2 December 2024) Principal staff Katie Alcott MBE Chief Executive Officer (until 31 March 2025) Associate Director (appointed 1 April 2025) rim Willett Chief Executive Officer (appointed 1 April 2025) Jonathan Shertherd Head of Prograrnmes & Funding Claire Williams Head of Operations & Finance Bankers Triodos Bank Deanery Road Bristol BS15AS Independent examiner Matthew Bracher Bsc FCA Gravita Chartered Accountants Bath House 6-8 Bath stet Bristol BS1 OHL
Frank Water Projects | Report and unaudited financial statéments130 September 2024 (b) Objectives and activities Our vislon is of a future where everyone. everywhere. has access to resilient water resources for generations to come. Our mlssion is to alleviate global water poverty. enhance health. and protect the natural environment. We do this by irnproving the way that people understand and use water. with a foous on those most in need. Frank Water is committed to improving the health and wellbeing of both our planet and some of the hardest-to-reach people within some of the world's most marginalised communities living at the forefront of the climate and water crpsis. Buftlding community resilience. and supporting adaptstion to the changing climate. we work to ensure equitable and sustalnably managed access to water. as well as leveraging holistic water. sanitation and hygiene education (WASH) programmes. Frank Water's programmes provide technical and ffinancial support and also invest in developing and implementing water resources management approaches and tools for use and adoption at community. business. watershed. and policy levels. Frank Water believes in a systems approach which recognises that barriers and solutions to WASH service access involve multiple actors and requires interventions across a number of key areas. These areas include policy & legislation. institutional structures. regulation and accountability. finance. planning. monitoring and leaming. arld infrastructure development. Our in-country partners are embedded in the communities they supporL This enables us to be led by their needs and share skills and knowledge with existing change-makers within each community. Also. these partners help us better understand the complex stories of marginalisation behind water poverty and insecurity. and they enable us to design and deliver strategies that are scalable and adaptable to different scenarios. Working with local partn8r NGOS and internattonal research partners. we develop 8mergenL adaptive. open-source models and approaches that we advocate to larger agencies and governments. drarnatically amplifying impact. We a equally committed to delivering awareness. education and behaviour change impacts at home and in the global north. We do this through education programrnes for schools as well as aWanesS campaigns and behaviour change activities through the activrty of our social enterprise (CICI. The Trustees have considered the Charity Commission's guidance on public benefit when reviewing its airns and objectives. and when planning its futu activities. In Ilne with guidance from the Charity Commissiorn the Trustees are satisfied that Frank Water
Frank Water Projects l Report and unaudited financial statements130 September 2024 continues to have a significant charitable purpose. and delivers very tangible public benefit as listQd below: In 2023~24. through our overseas 'systems strengthening. work. we continued to support the implementstion of water security programmes across the Indian ststes of Madhya Pradesh. Uttarakhand and Maharashtra. and the Namobuddha municipality in Nepal. We reached a fvrther 32.830 people across 42 communities. as well as continuing our work across many communities that we've supported over recent years. especially in Madhya Pradesh. Thls means that since 2005 our overseas systems strengthening work has impactsd over 546.059 people across 789 communities. Our work leveraged over £43.136 in funding from local governments in India for vital WASH infrastructure. This included toilets and a range of nature-based solutions from ponds. to small dams and the planting of native grasses and trees. A significant amount also covered the daily wage for villagers to dig recharge trenches in their own landscapes. builijing an essential understanding of their own ecosystem. This range of solutions transforms water availability in the micro watersheds. enabling both nature and people to thrive. We continued to develop the WASH Basins Toolkit and WASH Connect App (WASH Tapp) based on feedback from our pilot project partners in Africa and usage across partners in India and Nepal. Continued scaling of the usage is planned in 2024-25. W¥ Luok the stsge at leading global conferences. including (Watèr. Engineering and Development Centrej at Loughborough University. World Water Tech. SIWI (Stockholm International Water Institute). and IRC (Intemational Water and Sanitatlon Centre) WASH. We showcased our inrM)vative tools and approaches designed to drive systemic change. inspiring agencies. businesses and governments to break the cycle of water poverty affecting millions worldwide. We are concluding the second year of our Beyond the Boundary project (collective water stewardship] in India. The ffinal recommendations report has been compiled. summarising the findings from the delineation of a watershed that includes Sriperumbudur town and a large industrial cluster in the same watershed. on the edge of Chennai. A study on water allocations in the watershed was done to understsnd the current demand& available supply and gaps that future growth in urbanisation will place on available water resources in the watershed. The recommendations report also used findings from institutions and govemance analysis that was conducted separately as a part of BtB project implementation in Sriperumbudur. The studies in this watershed used the WATSCAN application of Cll-TWI. earth obserrfation (£0) data and a survey involving 300 respondents comprising 200 households and 100 farmers. The BtB2 project concluded by Creating a series of decision indicators to support better and fairer decision-making for water resource allocations. and produced a comprehensive stakeholder map of water resources management institutions as appropriate for the identifjed watershed. For instance. recommendations were linked
Frank Water Projects | Report and unaudtted financial statements130 September 2024 to suprfey ffindings and the respective stakeholder group from whom the obseniation was reported. as indicated below . 5owces and Method". Ac¢tydin4 to the 91% use ator 1rrwi. hA 6.5% iel¥ O giouv&w#¢f.and 0.5%uSt a £ornbrtJT olboth Stsur¢es. The4JorniNI i[f1Vtn fflÈthoo * swlxefty)wlWI Working with our digitsl education partner Earth Cubs we developed free online resovrces that will deliver engaging education around the UN'S Sustsinable Development Goal 6. to primary school children around the world. Having launched on World Watér Day in March 2024. by September tt had already been taught by 1.903 teachers. reaching an estimated $8.890 school children. The videos had been viewed over 94.000 times. so we estimate a total of 153.000 children have been reached globally. InspiriNJ them to pmtect and conserve fresh water k)cally and through their consumer behaviours. globally. Through Frank Water CIC. we worked hard to change drinking habits here in the UK through our products and serviees. including serving a whopping 24.858 litres of water at 6 festivals over the summer. saving the equivalent of 49.716 x 500ml single-use plastic bottles from landfill and 4.12 tonnes of carbon. It engaged a team of 63 volunteers. who spread the word about our global water challenges and Frank Waterfs solutions. leveraging over 1.000 sign ups to our enews. ' S8 Fln Re¥rt. Feagbdity Study forc0 Watershed Evaluation - SOrnbudUr. October 2024. URL: httbs..l/www.frar*water.uwhlapp/wJlwls12024n21Ftsaslbility-study.R4%)rt.ClTW1.o¢t.20?4.FéF
Frank Water Projects l Report and unaudited financial statemènts130 September 2024 (c) Achievements and performance This financial year. the Programmes team made significant strides in implementing Frank Waterfs ambitious 2023-2026 Strategy. 8uilding on new areas of work developed in recent years, the strategy lays a bold foundation for the future of our programmes and defines three key areas of strategic focus: Systems Strengthening - Collaborating with NGOS across South Asia and East Af rica to transform WASH systems. spanning infrastructu. policy. institutions and knowledge-sharing. The ultimate goal is to ensure improved access to WASH for those who need it most ITIASH Tapp (Toolkit and App) - Furthering the learning and development work in India. Nepal and Kenya on water security planning (the toolkit) and usage of mobile data collection and anatysis (the app). Collective Water Stewardshlp - Using hydrological and social modelling. and water security planning to improve stakeholder engagement (with corporates as key policy influencersl in collective water stewardship in India and beyond. to ensu access to WASH for all. (i) Systems strengthening Ilttarakhand Reviving Himalayan Springs: Building Climate Resilience In 2024. Frank Water expanded its work to revive mountain springs in Uttarakhan<J. adding Rudraprayag district to ongoing efforts in Almora. These spring& the SDle water source for rnany Himalayan comrnunities. are drying up due to climate change. With weather patterns shifting drastically. local communities. guided by Frank Waterfs methodologies. have been digging trenches and planting native grasses and trees to restore spring water supplies. Over the past year. we've reached 3.300 people across nine villages in Rudraprayag, rojuvenating 10 springs through engineering. vegetation. and social measures based on hydrogeological studies. This work has not only strengthened mountain communities. cliTnate rosilience but also improved water flow downstream. benefitting an additional 11.070 people in the valleys below. Our work to revive mountain springs for Himalayan communities has continued in the Almora dlstrict of Uttarakhand and we also worked in a new district called Rudraprayag for the fresh project cycle from January 2024. Frank Waterfs project team has been working to rejuvenate mountain springs (the only source of water for many communities) that are drying up. largely because of climate change. Communities are acutely aware that th8 weather pattems are changing drastically and are
Frank Water Projects l Report and unaudited financial statèrnents130 September 2024 digging trenches and planting native grasses and trees using Frank Water's methodologies to restore water supplies to the springs. We have been workbng with 3.300 people in nine villages of Rudraprayag over the last year. and have rejuvenated 10 springs through engineering. vegetative and social measures based on hydrogeological studies to build the resilience of mountsin communities to climate chan9e. Our measures have resulted in improved flow of water downstream which benefitted a further 1I070 people livin9 in the valleys. Towards Water Secu In the valleys of Pasts and Kyunja. communities in Rudraprayag distriot have completed spring recharge worl digging 3.500 trenches and pits to trap rainwater to help recharge groundwater. This effort has generated a water supply nine times gater than the minimum demand set by the Govemment of India. benefitting 11.100 people. These actions are a vital step toward ensuring water security for marginalised rural communities that lack water-related infrastructure and investment often overlooked by traditional government schemes. In Rudraprayag and Almora districts. spring discharge is being monitored to assess the impact of recharge measures. Results following the recharge intervention in June 2024 show a remarkable Incase. Shivalay Spring in Badet village rose from under 1 LPM ILitre Per Minute) to g LPM. while average spring discharge across the region grew from 2.2 LPM in May to 13.5 LPM by September. These improvements will ensure long-term water sustainability for local communitie In Rudraprayag. we're worknng with the state government to create livelihood opportunities for women who contributed to spring recharge efforts. By exploring options like vegetable cultivation. food processing. and poultry farming. this initiative aims to boost housahold incomes while enabling women to support and sustain local water committees. We're strengthening the impact of our women-led water committees through follow-up meetings on spring performance and future livelihood opportunities. Our team has submitted convergence plans to the govemment for initiatlves like poultry farming. tree plantstion in Pasta and Naini villages. and the construction of water storage tank Building on the proven success of our spring rejuvenatlon programme in Uttarakhand. we are scaling up to the neighboring Himalayan state of Himachal Pradesh. Inspired by the positive impact on communities. our team is conducting scoping studies in Sinnour and Solan districts. where springs are the lrfeline for domestic and agricultural water needs. This expansion rnarks an exciting step toward securing water resources for even more mountain communities. Madhya Pradesh. India . Over 5.000 people across 10 villages in Dhar districL M&Jhya Pradesh. now have access to sustainable. safe drinking
Frank Water Projects l Report and unaudited financial statements130 September 2024 water. sanitation. and hygiene-transforrning lives in communities once plagued by extreme poverty and water scarcity. rin Our awareness work empowered communities to submit 52 government convergence proposals for groundwater recharge measures. including stop dams. wells. tnChes. and tube wells. Already. several have been approved under the MGNREGA scheme. raising an impressive 47 Lakh Rupees. This success highlights the communities. growing ability to secure their right to clean water and sanitation. . With women's Self-Help Groups (SHGs} managing water supply under the Indian government's safe drinking water scheme - Jal Jeevan Mission. our work aligns closely with these efforts. Women~led water committees are thriving. and 350 women recently received training in personal hygiene. Menst1 health. and sanitation-placing women at th8 forefront of water resource management By the end of October 2024. every person in our project villages now has access to fluoride-safe drinking water. After a decade of impactful work in 55 villages. we are proud to see these communities achieve self-sufficiency. passing WASH knowledge to future generations and neighboring villages. As we prepare to conclude our work in Madhya Pradesh by mid-2025. we are actively facilitating the handover to local panchayats and water committees. with government departments playing a key advisory mle. To ensure the sustainability of our work. we are developing educational materials (IEC) and contributing insights to Jal Jeevan Samvad and the India Water Portal. Our journey in Madhya Pradesh stsnds as a testament to what can be achieved when communities are empowered to manage and safeguard their water resources for gènerations to come. Maharashtra. India Launched in July 2024. our new project in drought-pr(ne Maharashtra has already impacted 22.530 people across seven villages primarily from scheduled castes and tribes. Inspired by this success. villagers from the neighbouring Sirsao district have requested to join the initiative. Our tsam is currently conducting water quality tests. uncovering dangerously high salinity levels even in shallow aquifers underscoring the urgent need for action. Health Risks fmm Poor Water ualit . After sutveying 1.400 households and collecting water and soil samples in Dharashiv and Kolhapur for lab testing. our team is nDW gathering data from public sector actors to assess the health risks of poor quality and fluoride-contaminated water. Alarniing ststistics from Nargis Cancer Memorial Hospital reveal that 00% of patients are from regions where Frank Water operates. Poor water quality not only increases vulnarability to fluorosis and other water borne diseases l)ut also increases their risk of tenninal illness like cancer by degrading their overall health and well-being. Numerous research studies across India collectively highlight the critical link betvfftn water pollution and cancer
Frank Water Projects l Report and unaudited financial statements130 September 2024 incidence. emphasising the need for improved water quality management to protect public health Irafèrence reports link8d- ne Collabordting with Nargis Dutt Cancer Memorial Hospital in Barshi. Dharashiv. one of the only rural cancer care centres in India. to measure the health impacts of poor water quality. Since 2008. the hospital has tracked lifestyle changes in 250.000 people. Currently. a sur¥ey of 3.000 households in the Dhoki region is mapping groundwater points and water quality issugs. Initial fir)dings reveal that nearly 50 residents are suffering from cancer. highlighting the urgent need for intervention. To tackle these issues. we: Supported communities to sustsinably manage limited water resources and monitor contamination. raising awaTreSS of the polluting impact of water-intensive sugarcane farming. Together. we developed water security plans that improve access to clean. safe water. By sharing our expertise to secure local government funding. we ensured the implementation of vital water security meaSu5-prOVIdlng guidance and support every step of the way. Established Water User Groups to ensure sustainable operation and maintenance of water systems. Held district-level workshops trained local officials in participatory groundwater management strengthening Maharashtra's WASH services. This year. our work also focused on the far-reaching effects of poor water quality on food and financial securFty. Contaminated watew often leads to a reliance on chemical fertilizers because when water quality is poor due to nutrient depletion. it can no longer adequately support crop growth forcing farmers to rely on chemical fertilizers. Sugar cane being a water hungry crop is depleting the already scarce water resource forcing farmers to use less water and rely on chemical fertilisers for sugarcane farming. This is degrading soil health and increasing dependency on costly food markets. By addressing these interconnected challenges. we're helping communities build S111enCe. access clean water. and secure a more sustainable fijture. Spring Revlval in Nepal's Hindu Kush Himalaya Region A new project in Nepals Hindu Kush Himalaya region aims to transfom lives by directly impacting 1.500 residents and indirecty beneffting 16.Tn more who deperxl on water flowing from four rejuvenated springs. This initiative. led by our partner and in collaboration with Namobuddha municipality officials and cornmunity resource persons (CRPS). began with an extensive inventory of the municipality's water sources. Mapping 480 water sources across 11 wards-including 450 springs and 30 ponds-the survey revealed that 20% of these vital SOurCeS had dried up. leaving an average of 28 households reliant on each spring.
Frank Water Projects l Report and unaudited financial ststements13Q September 2024 Critical springshed management interventions are advancing in Namobuddha, targeting the revival of two additional common springs essential for drinking water and Irrigation. These springs are closely monitored. and the results will infomi future scaling efforts. A recent scoping misslon. organised in collaboration with local communities. identified two critical springs that require restoration to secure long-term water availability. Training is a cornerstone of this initiative - two CRPS from Namobuddha have been trained in springshed management and equipped with the WASH Connect App. They have completed hands-on exercises to ensure proficiency in fjeld data collection. These CRPS now clearly understand the six~step methodology for spring revival. making them key drivers of sustsinable water resource management in mountain communities. F8edback loops are in place to refine the process further and improve outcomes. (li) WASH Tapp After the successful pilovtsail project in 2022123 in Kenya with health and WASH NGO Amref. we intend to continue our WASH Tapp project in Kenya and beyond through connections forged this year by joining the Rural Water Supply Network (RWSN). We are once again collaborating with ARUP and early in the next financial year. will be updating the toolkit training materials using an interactive platform with videos. for setrf-learning. Additionally. we are joining the RWSN. which will enable Frank Water to have access to a wide network of practitioners in the water sector working towards water security in their communities. We are hoping to advertise our toolkit training as open learning on RWSN platforrns. The WASH Connect App continues to be used by all our other partners. (iii) Collective Water Stewardship Our collecknve water stewardship programme has evolved into two broad areas based on the direct stakeholder engagement . 1. Corporate Water Stewardship: This involves engaging with businesses directly through knowledge products and work done over the two years of the Beyond the Boundary (BtB) project. In 2023-24. Frank Water concluded the second year of the BtB project with a set of high-impact knowledge pro(Jucts that includes: a. A study on water allocations in a watershed near Chennai that includes Sriperumbudur town and a high-growth industrial cluster. b. A comprehensive cost-benefrt analysis study of nature-based solutions as applicable to Anekal town where the first year of the BtB project was implemented. This study provides a set of useful indicators. a comprehensive process and a practical approach for businesses and local administration that may be Considering 2 For a complete Ilst of reports and studie& see Beyond the Boundary project page here: Be ond the 10
Frank Water Projects l Report and unaudited financial statements130 September 2024 the use of nature-based solutions to address water resource improvement in the watershed. c. An analysis of institutions and govemance structures related to water resources in Sriperumbudur town. This study identifjes current functions and gaps in gov8mance of water resources in the identified watershed. The study enables decision-making by local departments. NGOS and Corporate Social Responsibility (CSR)/Environmentsl. Social and Govemance (SSG) efforts of businesses in the area to develop effective water intervention& d. Playbook for corporate water stewardship: A project that was conceptualised in August 2024 to develop a 'playl)ook' that can help site-level managers to kickstart and carry out water stewardship activities in their local watershed. This work is ongoing and scheduled to complete in March 2025. 2. Watér Dialogues: This involves an outcome focus whein Frank Water will convene thematic and contextually aligned dialogues with businesses. community-based organisations arKI govemment representatives from the local and regional departments in India. The Water Dialogues aim to promote SLbStainable. ecologically appropriate and equitable management of water resources through a series of thowledge sharing. training and n)ad-mapping sessions. Through the series of dialogues. we aim to develop models of efficient practices, equitable use and collective action for shared water resources at an identifiable. measurable scale. Our first Water Dialogue was scheduled for December 2024. (iv) Education & Aw4*reness Programme Frank Water has partnered with Earth Cubs who create educational environmental content for children (3-11 year olds). parents and teachers. Together. with our Knowledge Partners Arup and Xylem. we have created some amazing content for the videos and lesson plans to inspire children about the impact water has on people and the planet These sOurceS were launched on World Water Day 2024. Bringing together real-life footage and Earth Cubs cool characters. this unique educational storytelling makes planet- saving exciting. entertaining. and achievable. Frank Water X Earth Cubs Educational videos and resources: Water is Everywhere Epic Earth's Natural Wonder The Secret Life of Water Impact stats from the end of February 2024 to 18 September 2024: 94.212 views of the videos 1.963 teachers using the resources Over 153k children impacted and inspired 11
Frank Water Projects | Report and unaudited financial statements130 September 2024 Frank Water. in partnership with global sustainable development consultancy Arup. ran a writing competition for primary schools and libraries in Bristol to win a half-day workshop with renowned author. Catherine Barr. author of 'WATER: Protect FShWater to Save Life on Earth.. illustrated by Christiane Engel. Arup generously funded a complimentary copy of the book into all primary schools and libraries in Bristol in September 2023. Together, Frank Water and Awp offered this essential resource as part of their joint initiative to promote water education and environmentsl consciousness among young people. This book holds significant value in educating and inspiring young minds about the importance of protecting our freshwater resources. In October 2023. students were asked to submit a story around a character or scene in the bool between 200-500 words. The winning submission was awarded the prize of a half-day workshop with Catherine. at the school (or library). conducting an interactive session asking children to get involved and explore the issues inspiring her book. Behaviour change in the UK Our Festival Refill Service (Tun by our trading subsidiary and social enterprise Frank Water CIC) supports behaviour change towards more responsible consumption of water. whilst protecting our UK environment from further plastic pollution. Over the summer of 2024. we were delighted to deliver our service at 6 festivals and everbts. focusing our efforts on events that we know to be a receptive audIerA for Frank Water. have a strong fjt with our values and mission. and have the potential to generate good revenue. Thanks to the support of our team of 63 volunteers. we delivered our refill services to approximately 5.888 people. whilst also sharing our passion for Frank Water"s programmes. addressing water security within the cUrnt context of the climate cri51& Across the events. 1.146 people registered to receive our monthly newS•etter. enabling us to continue to éngage this audience in the importance of our work and develop longer-temi supporL We served over 24.858 litres of water at these events over the sumrner. saving the equivalent of almost 49.716 500ml single-use plastic water bottles from landfill. as well as the associated carbon. (v) Research Whilst we consider all of our on the ground implementstion worL action based research. we have also continued to engage in specific research projects and efforts geared towards producing research based outputs include thé following: We are working v•ith our partner in Uttarakhand to develop a rwarch paper that seeks to evaluate the importance of integrated spring rejuvenation in the Indian Himalayan Region. It presents a case of how traditional/ancestral practices for spring rejuvenation such as sacred grooves can supplèment the cost-intensive scientific meth¢xl& in holistic spring rejuvenation efforts. 12
Frank Water Projects l Report and unaudited financial statements130 September 2024 Arup - Frank Water Paper on ESG Reporting Frameworks: Literature Review - With our partner Arup. we reviewed and compared a set of ESG reporting frameworks used globally. The study was aimed at examining the indicalors used by these frameworks and how Ihey apply to the practice of water resource management.3 This paper is also a part of the technical guidance package developed during the second year of the BtB project. (vi) Advocacy Frank Water has been a powerful voice in raising awarer)ess about the water and Glimate Crisis. with impactful contributions including: Talks addressing the audiences at the Arup and WRC W•t Network* Innovation to adapt to th• Impacts of climate change Att•ndance and contrlbutlons at Worfd Wator Tech Addr•ssing tho audi•nc• at th• Wator Dragons Awards C•remony at th• Canadian Efflbassy Allianc• for Water Stewardshlp (AWS) Olobal Forum: At one of the most significant water sectot meetings. our collective water stewardship Beyond the Boundary programme was presented. and we shared our expertise with companies and NGOS looking for new ways of approaching sustainable water management. stockholm International Water Institute (SIWI) World Wator W••L' At the premiere global water sector gathering with key stakeholders. we showcased our Bwnd the Boundary programme. Southw•st Intsrnational Devalopmont Network (SWIDN) confor•n¢•: Shared our key highlights and progress towards SDG6 and 13 with other key NGOS. Water. Englneerfng and Developmont Centre (WEDC) ¢onference: Together with our partners Arup and Amref we shared our key achievements in improving water security for comrnunities in Kenya using our WASH app and toolkiL Full Report available here - on -Ihe-8ounda -ESG-Re -Aru -Rev1.EXTERNAL. dl rtin -Frameworks-Relevanl-l¢>WRM-and-Watef-Siewardshi -Lileralur8-Re 13
Frank Water Projects l Report and unaudited ffinancial statements130 September 2024 (vii) Fundraising & Programme Funding We have grown our underlying fundraising income furthef this year. Excluding the corporate foundation funding received in 2022-23 for our Beyond the Boundary Programme. we have grown our underlying income from appeals. philanthropists and individual giving year on year. We were delighted to exceed our target for the Big Give Christmas Challenge. raising our biggÈst ever total of £50.080 for our work. and in March we successfully ran our World Watar Day Campaign. titled 'Peace Flows. raising £30.258. Sculptor. Rebecca Hawkins. has continued to work on her stunning creations throughout 2023/24. under the theme of "Journeys with Water - Celebrating the Freedom that Water Brin9s". inspired by her visit to Frank Water's projects in India in 2022. The fundraising team worked hard throughout 2024 to organise two sculpture exhibitions to showcase 9 beautiful and highly emotive sculptures. representing the women and girls who find elation and free(lom from access to safe clean water. Arup have generously supported the charity in organising and funding these events which took place in Birmingham in September and will be in London in November 2024. Indian restaurant Dishoom generously catered our event in 8irmingham. The sculptor Rebecca Hawkins will be donating 50% of the profits from the sale of each sculpture. We continue to advertise these sculptures on the Frank Water website and on our social media platforms. We continue to receive loyal support from our community of Raindrop Regular Givers. donating on a monthly basis as well as supporting our major appeal* We are so grateful for their cornmitment. Oespite yet another challenging year for companies. many of which are facing tighter budgets and less opportunity for philanthropic giving we are grateful to our Rainmaker Club of Ccjrporate partners who continue to support Frank Water in a variety of ways. through donations. gifts in kind. hosting our Sculpture Exhibition events and stsff strategy planning days. and matching donations to our appeals. We were delighted to welcome some new businesses to our Rainmaker Club this year. who share our values and passion for our cause. including Atlantean Media, sstring. Resto and SUDsPlanter as new Rainmaker Partners. We held our annual Stand Up for Safe Water paddle boarding competition again in the sumrner. 12 corporate teams took parL bringing their great energy. fancy dress and competitive spirit. and raised over £5313. We are also grateful to the companies who donated prizes for goodiè bags and winning tearns. and whose staff volunteered their time to help deliver the event. Frank Water has increase<l income frorn Trusts and Foundations this year to £134.724 which is 22% above the target income. We successfully secured grants from both loyal and new donors. to support Frank Waterfs projects in India and Nepal.
Frank Water Projects l Report and unaudited financial ststements130 Sèptember 2024 Thanks Frank Water would like to take this opportunity to thank all of our corrjorate supporters who are part of our Rainmaker Club. who have supported us this year in a variety of different ways. despite financial challenges. We also give our thanks to the many individuals who have supported us. including our Patrons. Ambassadors. event fundraisers. and OUT Raindrop Regular Givers who help to enable a more sustatrnable future for Frank Water. We also received many donations from the general public for which we are extremely grateful. As a srnall organisation. we really appreciate every donation we receive. In-kind support In-kind support for our work was provided by various companies and individuals. In particular. thanks go to Jon Free and Nick Stsmp for IT and datsbase support. Martin Kerslake and The Discourse for graphic design. Dave Turner. Darran Price & Karen Legg for completing maintenance work on our Festival Refill kiosks. Molson and Mathias & Sons for storing our fèstival refill kit and kiosks. (viii) Future plans Our key focus over the next 12 rnonths will be to continue improving water security and access to sustainable WASH services for some of the world's most marginalised communities. using a systems approach and nature-based solutions to strengthen the communities and the ecosystems we work in. Keeping our work broad and tackling issues of just use of water. quantity and quality within watersheds. we will support communities at the forefront of the water and climate crisis to adapt and I11d resilience. enabling them to rernain in thelr native lands and to thrive in harmony with their ecosystem. We will continue to promote the use. dissemination. and further development of 'WASH Tapp. by expanding into more communities and territories with new and existing partners. Our focus in 2025 will be Eastern and Southem Afri, furthering usage with NGO teams through the Rural Water Supply Netwoik (RWSN). WASH Tapp will also be instrumental in gathering standardised data on gender, social and governance aspects of spring management. We'll be partnÈring with an Al-based tool to pilot the inclusion of qualitative insights through open-ended questions and audio capture anonymus voice notes. The inputs will be analysed using Al capabilities to generate a dashboard of searchable insights. enhancing the depth of data collected and inforniing the wor Through our Collective Water Stewardship worL we will focus on engaging multiple stskeholders through our Water Dialogues serie& This involves an outcome focus wherein Frank Watef has been conducting thematic and contextually aligned dialogues with businesses. community-based organisations and government represèntstives from the local and regional departments in India. In partnership with the Confederation of Indian Industry's Triveni Water Institute (CII-TWIJ. we will cOndt dialogues on the theme of 15
Frank Water Projects | Report and unaudited ffinancial statements130 September 2024 Water-Climate-Livelihood Nexus, with further dialogues planned in India. Kenya and the Uk in 2025. As part of our work in engaging in collective action to tackle water-related issues and ensure just and equitable access to water. we will develop a playbook for practitioners. The playbook is a first of its kind effort in sustainability practice of businesses. focusing on ways and means through which a business can secure water resources for its operations in an equitable and just manner, and without undermining the local community's rights and interests. The playbook offers practicable ways for businesses to conduGt meaningful dial¢Jgue with resident communities in the watershed and resolve water-related challenges such that it strengthens the systems within the watershed. At its core. the playbook embèds the interest of marginalised people who tend to have weak influence and power to secure their rights to access local water resources. In India. watersheds in several peri-urban towns are facing intense pSSUre from domestic. agricultural and industrial demands for water given an accelerated pace of urbanisation. This has necessitated that the conventional projects of working to provide safe and sustainable access to water for thèse communities must now includé a dialogue and collective action with the businèsses that are drawing on r8sources from the same watershed. We will develop our Education and Awareness Programme. in collaboration with environmontsl educational platform Earth Cubs. providing globally accessible. free resources to primary aged children. engaging them in global citizenship and inspiring positive action on the interconnectedness of global water and the climate crisp.* We will continue to Pha the resources with our corporate partners. encouraging them to present the resources in schools and deepen the leaming. Our education. awareness and behaviour change wort delivered via our social enterprise (CIC) remain a high priority and we'll look to enhance communication and activation opportunities through the high profile locations the products and services are delivered in. increasin9 the engagement and following. We will look to further grow specific areas of our income this year. focusing on building our Development Fund through philanthropic supporL increasing our individual giving programme. seeking new. long-term corporate partnerships and engaging new audiences through an exciting World Water Day Campaign and our appeals. The charity will proactively seek to secure multi-year funding as needed to deliver our ambitious and impactful programme strategy. Responsibility for fundraising will continue to be spread across the business. Ensuring that we maximise the opportunities provided to us as a small. nimble. and dynamic charity. The Senior Leadership Team will work to ensure the innovative developments from our programme team and work are disseminated effectively to the team and our supporters. We will regularly share the valuable data and knowledge that demonstrate the need and impact of both our on-the-ground community work and our longer-term strategic activities. The 16
Frank Water Projects | Report and unaudited financial statements130 September 2024 Senior Leadership Team will be supported by the Board. ensuring continued good governance. In November. Katie Alcott. Founder and CEO of Frank Water shared her intention to step down from thé role of CEO. after what will be 20 years of dedicated work. The Board ernployed the support of a consultant to deliver a stakeholder review and develop a structure and plan to enable an offective and positive transition. Katie plans to continue supporting Frank Water where she ¢an add the most value. in a new Associate Director role focused on fundraising. advocacy. and building strategic partnerships. The Board launched a rigorous recruitment process for a new CEO in November 2024. led by our chair Anoo. As a result we are delighted to welcome Tim Willett as our new CEO from 1 April 2025. rim brings a wealth of experience from both the corporate and charity sectors that will enable us to achieve our ambitions. (d) Financial review General review of position at end of year Total iricome fr)r the period was £461.562 (2023: £594.795) and total expenditure was £020.418 (2023: £499.197). giving net expenditure for the period of £158.856 (2023: surplus of £95.598). We continue to regularly review our reserves policy and continue to develop income streams to ensure we continue in this positive vein. Allocation of funds We think it is Important to clearly outline our charitable spend: how we allocate the funds donated to us by our generous supporters. We never spend restricted antS on fundraising activities. Reserves policy The Trustees regularly consider the reserves held by the charity. and regard a level of £61.805 in free resetves as satisfactory. This amount has beén calculated carefully and enables the charity to meet any anticipated and necessary costs should it become insolvent If at any point reserves fall below the target the Trustees have agreed to act immediately to ensure continuity of wor At 30 Septémber 2024. Frank Water held £134.472 (2023: £303.370) in reserves. of which £94.298 (2023: £108.$84) are free reserves where free reserves are measured as unrestricted funds excluding fixed asset& The Charity also held £49.781 (2023= £194.786) in restricted funds. The income of Frank Water is applied solely towards the fuffilment of the charitable objec Grant-making policy for overseas implementation work Frank Water has a robust partner selection pn)cess. which is reviewed regularly and used to identify and evaluate suitsble partners and prograrnmes. After an initial, careful selection process, we very much work in partnership with the local NGO. collaborating to develop new programme plans. and ditlY contributing to ongoing programme innovations. developrnenL management and delivery. 17
Frank Water Projects l Report and unaudited fjnancial statements130 September 2024 This approach has enabled us to successfully identify in-country NGO partners. with whom we can plan long-term. mutually benefficial relationships that offer signfficant development of a programmatic approach. (e) Structure. governance and management Legal status. date of incorporation and date of charity registration The organisation is a company limited by guarantee. incorporated on 3 October 2005 and its objectives and powers are set out in its Memorandurn and Articles of Association. The organisation was registered at the Charity Commission on 18 October 2007. Details of the goveming document The Memorandum prohibits any distribution of funds to trustees other than for proper reimbursement of casts incurred on the company's business. Method of recruiting and appointing new trustees The trustees have appointed a Chair. and membership is open to other individuals. Wide recruitment advertisin9 is undertaken. with a focus on improvement of diversity. and trustees may also propose additional individuals who can bring specific skills and networks to the charity and. rf a majority of the current Board are in agreement official appointment paperwork is undertaken. Inductions and training are provided for new trustees as required. Paula Morcillo De Amuedo was appointed to the Board as Water and Environment Lead in May 2024. bringing experience from years as a Senior WASH Consultsnt with Arup as well as on the ground technical WASH expertise. Anoo Jain has continued in the role of Chair and has supported the development of the Board along with the CEO. Katie. Having served two terms (six years) in May 2024. with the support of the rest of the Board it was agreed that he would move into a third temi to provide continuity and leadership through the CEO transition in 2025. Organisational structure and decision maklng The trustees meet four times a year with the Chief Executive. Head of Operations & Finance. and Head of Programmes & Funding. to discuss the strategic direction of the charity. ensure its core aims and objéctives are being met most efficientty. and to tako account of any risks to the charity and make sure all legal obligations are satisfied. In addition to the quarterly meetings. the trustees communicate regularly on a variety of topics relating to the objectives and operation of Frank Water. The day-to-day t)usiness of the charity is handled by the Chief ExecutNe. staff. and volunteers. Related parties 18
Frank Water Projects | Report and unaudited financial statements130 September 2024 Frank Water Projects owns 100% of the share capitsl of the trading subsidiary Ffank Water CIC. The ultimate controlling party is the Board of Trustees as a body. Katie Alcott is a senior employee of Frank Water Projects and Frank Water CIC. Frank Water Projects also shares overheads with Frank Water CIC. which it pays for at market rates. There are no other subsidiaries or charities controlled by the same trustees. All trustees have complete(l a register of interests form so that potential related parties can be identified. Risk management The Board identify and review the risks to which the charity is exposed. and ensure that appropriate controls are in place to provide reasonable assurance against fraud and error. The Board arKI the Management Team have developed a robust approach to managing risk. undertaking a quarterly assessment of the risks facing the organisation. This assessment process updates the risk register. which assigns management of these risks to speciffic individual$ and recommends actions to be taken. where necessary. in order to manage their likelihood or impact. The Senior Leadeiship Team also highlights specific risks as they arise and report these to the Board as appropriate. Attention is currently focused on the following risks. and the Board's plans and strategies for managing those risks. arising from: Delivering sufficient funds considering the economic effects on individuals and businesses: Focus is being placed on demonstrating track record. impact and leveraging effect of our funds through good. clear and regular communications to all funders. Regular reviews of fundraising are undertaken and actions implemented to reaiiocate resources where appropriate. Meanwhile. regular updates to the financial forecast are reviewed. to ensure that costs are kept in line with funds raised and unrestricted reserves are maintained- Retention of key personnel in the UK and India: Regular checks to ensure accuratè job rolo profiles, robust recruitment process. wiewed notice periods. performance management systems and pay structure benchrnarking to attract and retain key staff. Investment in staff capacity. flexible working policies and non-remuneration based beneffits and incentives. Recruitment engagement. development and appropriate retention of the Board. Recruitment of new CEO and transition of our founder to a new mle within the organisatic- Ability of Frank Water CIC to repay the social investment loan: Focus on developing CIC stsff and board to ensure business plan can be followed and revenue generated: and ensure continued close communication and interaction between the Charity and CIC. Volunteer and stsff team Frank Water is extremely fortunate to have developed a dedicated group of volunteers. without whom the charity could not function as efficiently as it does and would have far less reach and impact The time donated to us by our volunteers helped us in a number of ways: 19
Frank Water Projects | Report and unaLKlited financial statements130 September 2024 Research and development Campaign coordination Grant funding applications Helping to ensure events ran smoothly General awareness raising activities and promotion of Frank Water Consu Itancy in support of programme development Provision of IT equiprnent Graphic design and social media support The value of the time and items given to Frank Water at no cost this year totalled £31.940 [2023: £19.520). and are based on market rates. These items include raffie prizes. technical equipment and subsistence. The core UK team has continued to work with determination. skill and incredible passion. despite the various challenges. and deserve recognition for the varying and many successes over the year. Frank Water also employs two highly skilled Indian nationals. on a part time basis. who support in the strategic development and delivery of our work and deserve equal recognition for their dedication. insight and hard work. Their contribution continues to significantly increase the strength and impact of our prograrnmes. ststement of trustees. responslbllltles The trustees (w170 are also directors ot Frank Water Projects for the purposes of company law) are responsible for preparing the Trustees. Report (incorporating the diTectors' report) and the firncIal statements in accordance with applicable law and United Kingdom Accounting standards. including Financial Reporting Standard 102: The Finonciol Reporting Stondard opplicabla in the UK ond Republic of Irelond (United Kingdom Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the income and expenditure of the charitsble company for that period. In preparing these financial statements. the trustees are required to: select suitsble accounting policies and then apply them consistentw: observe the methods and principles in the Charities SORP- make judgments and accounting 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 presume that the charitable c¢)mpany will continue in business. The trustèes are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial posttion of the charitable company and enable them to ensure that the financial ststements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 20
Frank Water Projects | Report and unaudited financial ststements130 September 2024 This report has been prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies. On behalf of the Board of Trustees. OrAnoo Jain Date 2410612025 21
Independent Ex#mlner'$ Report to the TrStee8 of Frank Watsr Proierts Independent examloer's rewjrt to ¢nthes ofFr8nk Waler Projects I'the Company.) r¢FX)n to the c111Y trustees on my ¢xaminwion of the awxmts of tbe Company for the year ¢nded 30 septeMr 2024. Responslbllliles and basts of pOrt As the th][Y,S lrnstees of the cpanY (and aL50 its ditedots for & tpose5 of company law) you are restK)nsible for the pparation of the accounrs ia a)rdae with the requirenwits of the Clxnpanies Art 21XJ6 (the 2(KX5 Act.). Having .liSfied fflyself that the accounts of tlr Company arc not wuircd to be audited under Part 16 of 21KKTr Act
nd eligible for 1kndendent exaTnITWti(. l port in of my exdminiilion of y(M chdriiy's 1Count5 ILS C¥Yried
out under Section 145 of the Chatitics Aci 2011 (Ihe 2011 Acl,). In catrying Qui my exan)tnatlOD I have followed the D1CtiOnS given by the Chatity Commissm utth Section 145(5) (b) of the 2011 kn. Independenl examikner's staternot Since your charity's gros5 income exreethd L?50.Im your examiner musi be a of a listrd b(MJy. I can confirni that I am qualifie41 to undenake examinatson tttause l am a nxlllber of the Inrtirnie of Chartered Ac£wntaDts in England a1 Wales. which is 01 of the listeAJ iKKIi¢s. I ha c(Mnp1d my examinauon. I wnfimi rto matters have come to mv auetttion irj C(neCtIon with the eKamiru0n giving cwse ts) believ aL¢ouoting coTd5 W¢Te not kqrt in resi1 of the Company as JEquired by secti 386 of the Ad: or the count$ do noi acc<Yd with K)se record8: or the accounts do nix comply with the &COWliin8 reqU1ments of Scciion 396 of the 2(x)6 Act other than any requirement that ac¢ThTnts give a tnx and fair view which is n(i a mailer conside1 as part of an llld¢Fnthnt eXamuri0n. or Ihe accounts have l*en e1cd in ordanCe wilh ts methods and priociples of the Ststement of Recommen(kd Practice for accouw and rep)ning by CTrlties (applicable to charities FrepaTmg theit accounis in with the nancial RepLVting Sw)dard applicable in the UK and Republic of [land (FRS IQ2)). I have no concerns and have acro nootkn matteT5 in connection with the examination to whicb attention should be drawn in thii Keport in oth toenabk a Pro underAatMbng of the xcounts to reaclrd. CL Matthew Bracher Bsc FCA The InStite of c[[¢red Accountants in EDglaMI and Wales Grdvila Chartered Aecountaot$ 6-8 Bath Street Bristol BSI 6HL Page L?
FRANK WATER PROJE Staten*nt of FingDri41 Aetlvltles ITncoTrpornilng an Income aDd EN)eThlre Account) 2024 Total 2023 Tothl fun(Ls' UnTestricted Re%trictrd fundb. Nole5 INCOME AND EMX)WMEwfs FROM Donatsons and legxie5 76.650 424.891 593.9X) ChaTilable actlvllles 35fy25 35.625 In¥e$tment I0 805 461 594.795 EXPENDITURE ON Raising funds l25274 294 1255( 88.133 Charitabk acllvities Prograrnmes Awarene&s 234955 32J311 227J65 462J2 315J) 376.908 M,156 4W.14XI NET INCOMFJ(EXPENDrruiiE) TratLsfers be1vn fiuMIs {7047) (151,1119) (ISV56) 95.598 17 Net movement in (13851) 1145.(5) (15&856) RECONCILIATION OF FUNDS Tothl fund$ t>rought forward 194,786 303J70 07,772 TOTAL FUNDS CARRtED FORWARD X733 49.781 144 303.370 The JKK¢$ part of these finala1 statements
FILANK WATER PROJECTS Balance SIte 30 SEPTEMBER 2024 2024 unrestrllcd fund Restricd funds Total Notrs FIXED ETs Tangible ass¢ts Investments 13 14 435 io 435 io 774 io 445 784 CURREMT A&SErs Debtors Cash bank 2nd ID ljand 15 91J69 47 91J69 26,81M 284.374 49781 49,781 188,671 311,178 Amounls falling due within one y¢ar 16 (44/2) (44.602) (8,592) 302.586 94.733 49.781 I4414 NET ASS A44 303.370 17 UnsICted funds Resiricted fund 94.733 108,584 194,786 303.370 The clwirabk compny is enti¢kd to exempti(m from audit under Secti(m 477 of tt CIMrywnies Act 2(K for the year ended 30 se9lemr 2024. tbe[S hav¢ qUiTl the company to obratn an audit of its fill)al31 statenIS for the year ended 30 Septethiyr 2024 ifft cordance ith sec11( 476 of ihe Companie$ Act 21Xb. The tsusttes acknowledge their r¢sp)nsibilities for (a) e0sur1 that chajitsbk ¢ompaoy keeps (018 te¢0$ that comply with S¢ctions 386 and 387 of tt Act 2IX)6 and preparing finatriai settnt$ which give a mie and fair view of the state of affairs. oKthe clJaTitable company L8 tk end of rdch financial year and of its SUTplus or &fKii for financial yer in aCCe with t requirements of Sections 391 aDd 195 which otheTwise comply with requients of the Companie5 Act 2(MJS lating io statem¢Dts. 59 far as aN)licable to the chatirabl¢ c(Mnpaoy. (b) The notes forni part of tsse financi41 stat¢mts Page 24 Contind...
FRANK WATER PROJECTS n¢e Sbeet- continutd 30 SEMBER 202A Tbcs¢ financial statements have Iwi w¢Ped in accorda¢ with th¢ provisions appliiable to clwitable ¢ompanigs subject to the small CoMnIt5 regime. The financial ststements were approved by the Board of Trn>tres and auilKJritsed for issue on 24lQfjJ.2Q25........... . and were signed on its irhalf by. Dr Artw Jain- Trustee The n(*e5 f(m tthrt of tkse fi1#1 ststements Page 25
FRANK WATER PROJEcrs otes lo the FinaDcial Statsnxnts AccouNfiNG POLICIFS Basls of PTeparlng the fin1 Statenllts The ffftnanciai semen1$ of the chIlable cimnpany. vthich is a public benefit eDtily Und FRS 102. have Een prepared in accordance with th¢ Cbariti¢s SORP {FRS 102)'AccounliDg and Rewyting by Charities: Statement of Recommej¢d Practice applicable to charities prePing their accoun15 in accordance with the Financial Reporting StaTrJard applicable in the UK and Republic of Ireland ifrRS Itrl) (effective l January 2019),. Financial ReiMMtin8 Stsndard 102 The FJnan¢iul RetM)rting SLmdard applible in the UK und Republic of Ir¢land' and the Companies Aci 2(. The stanieThts have prepad ur the histori¢8J Cost ¢ollv¢n¢ion. The financial statements are prepared in aerling which AS the functional currency of the charity and att rounikd to the nearest £. These fioancial 5tateJrnts tIKW of the patEM C(xnpw only and nol that of t1 group. as chatitabk parent company has taken advage of available exempioLs n(A io prepare Colidated accounts. The ¢hwily a public nefIt entity as defined under FRS I(. The fi1ClaI staiements are wetAred on the assunvl( rhai ctrAaritable companv is a going concern. In¢ome Income is rKognAs¢d in the Statemerf of FinwKial kiivities once the charity ha5 entitlement to hJDd5, it is probable Iha( the Ille WAll be teceived and tk allnI can IK m¢asuw¢d reliably. Inc(K))e from donatiotLrlgranLS is included in iK(rtne rtteAN excepl &$ follows.. i) When thnors s¢Ify that donations given charity ud in future accounting periods, the inc(¥me Is defettrd unul tlb)s¢ pIS. ill Wln donors imp(kse coodiiions. which havc to be fuifdied bef(rE tk chiLY become8 entitled to ue %h incomc. the income is lkferied unLil ¢h¢ pr¢-¢Ix1lIOrt ve ien meL LiabltieS are recognised as expendth)re as there is a legal lx CtiVe obligalion committillg the ChltY ¢0 exFnditure. it is wobable that * transfer of ecowmic benefits will be rrquired in settlement and the amouni of the obligdtion be nTed reliably. Expumjittuv is for on Mn aCenlS b15 ad h& been classified under laings that aggregate all CO io ¢egori. Where costs cannot be d1ctlY atttibutcd to Particul h¢adiDgs they have all(Kate41 to adivities on a knis u)nsistent with the use of rewurces. Grants Fdy¥ble dre ChEd in tlx yeJr offer is c&VeYed to recipient e%p1 in those uèes where the offer is conditional. sucts as granis t¢ing Cld as expenditure when a conditions a¢ra¢lKd a Ifdkd. Expenditure that is direcdy anributsble ScIfiC xtivities been inclwkd in cost of ihose xtivities. Supwrt costs have all(Ka1j l¢J)% iowards the charitable activities of the charity and splii between activities oo the basis of mat( knowledgE and ¢stin)a*s of usage. Tan8lbk Ilxed assets ixed ossets are included & original cL Depreciation 15 cakulated (o 11¢ off coy ot an kss 5 esi101¢d Auidwl value. over the useful economic life of that asset as follows: Page 26 continued...
FRANK WATER PROJECTS
¥t5 to the Trlnancial S¢at¢ments - continued
FOR THE YEAR ENDED 30 SEPTEMBER 21Y24
ACCOUNfING POLICILS. conthwed
FixtutV3, fittings & equipment.. 4 years straight litic_
Taxalion
The ¢hJrity is exemN from ¢orp)ration lax on it's chaTitsble activitses.
Leases
Renial& applicable to OErfdung le&gc agreemeoLS
FRANK WATER PROJECTS Notes to the Eitwiclal Sl8lempnts- continued FOR THE YEAR LNDED 30 SEPTEMBER 2m4 DONATIONS AND LEGACIFS 2024 2023 Dollaiions Grants Donated services and facRJities 288Jii 104,6 Z76.803 297,607 19.520 593.930 Incom¢ Ireaied ag fndraISing in the pri(Y year has iyen ffcla5sificd io th¢ nature of ihe inc(Mne. Gfants re¢eive& inclu(kd in th¢ abt)v¢. Jre ab follo. 2024 21Y23 Arup Apple I Col¢s.Medl(rk Fwndation EA Foundao¢Jn The Big GAve TnL Other grants 15,929 202.750 31.641) iO,(MMI 68.928 l(H.6*) 297.(A)7 2024 DerK)$it X¢OlJni inferesl 202.1 Staff costs Telepl¥)n< slatiow & & lti¢lg Equipment maintrnance Travel & subsisience ConfereeS & subsciiptions Fundraising event5 co#S Bank ¢har£e% (rf1,411 633 1.050 1,151 l.375 22.267 1.246 750 1,067 33,172 125 88.133 Page 28 Ontin..
FRANK WATER PROJECTS NTotes lo the Flnandal StateTrnts - abnlinued FOR THE YEAR LYDED 30 SEPTEMBER 2024 Grant fundithg of activities (see Tr(e 7) Ditect Costs (see nole 6) Support ost$ { oote 8) Totsls ProgfKs Aware&8 165W3 27.767 IA5292 462Ja) 32,530 193 494.830 2024 S&ff costs Phone, Slalionery & priming Trnvel & subsistence Conf¢Kn¢¢s & subscriptions BaDk ¢batEe% Legal aTxI profesgional ftts 168.4( 131.093 14.368 311 2,306 25 250 69,856 229.671 GRAN15 PAYABLE 2024 2023 181.1&S 99,929 The t(tsl grants paid to instilutions during the Ye wos as follows: 2(Y23 Adyanced Cenr for Water Resources Developnt And Management Bala Vikasa S(rial Setvires S(K-iery 1.1.750 2.591 Contederntion of tlIa0 ItLdu% Insiithte for FinalKl Management & Rese¥ch (WELL b$) Foundation for F£ological Security {FESJ Lumallti MJTrda 6.250 8.023 16.250 OtheT 181.145 99.929 These refeT io payurnls m*le io refully eCtrd in-cntry NGO PdrmeTS. to cover the of catTied out on Frank Wa5 behalf. Pag¢ 29 Onllnd...
FRANK WATER PROJECTS Notes to the Financial Statements- ¢(tInued FOR THE YEAR ENDED 30 SEPTEMBER 2024 SUPPORT COSTS Managemeni 115292 Aware1&$ Supptytt com& iwluded in t1 above, are as follows: 2024 Total ctsvitie5 2023 Total aclivilie Programns Awiw¢ne Wages &Kio1 v£curity Pensions Advellising Phone. stttionery & prtnting RenL rdies. lut & light Prcmlses costs Travel & subsistrnce Confercrtt & subscriptions Bank ¢h¥£g¢s tkpreei*ion tzgal artsl pmfe&8ional fee$ 55,723 23 58.lJ46 5.067 893 46,266 419 8,976 12,095 11,472 12,iMXI 11531 1.018 S25 150 159 339 1255 3.797 143 144 324 150 16 9292 181 Governance costs 103 115 81 NET INCOMFJ(EXPEND]TURE) The 0ratIng loss 1% ststed after cha4Èn8." Ye•r ended ).09.24 Year ended 30.09.23 Depreciaiii)n. omiwl assets Inde4Enthnt Examityfs fee 339 339 2.670 Page 30 Contind...
FRANK WATER PRoJEs Notes to the Statements . CODtinued FOR THE YEAR ENDED 30 SEvfEMBER 2024 io. There were no Irusleeb remun¢tion QT odr for the ye4r eJMl¢d 30 Seplemlxr 2024 nor for the year ejkded 10 Septemter 2021. There were no trustees, eApen5es paid foT the yCaT eFKkd 30September2024 Th)r for the year eNled 10 septeMr 2023. 11. STAFF COSTS 2024 2023 Wages and sal1¢5 S1#1 wutiry Costs Other pen8ion 289.401 IS.) 223.81 I 14.409 4.370 313 417 942.591 The average rnonthly number of employees rtkniD8 tr year w&% &% follows: 2024 2021 Totsl Siaff No employees r¢ceAved emoluD]ents in excess of £fA).(XXI. The trets consider the key managemeni F¢)nnel to be thcuwlve5. the Chief Executive OfficeT, Head of Opemions and nae& kkad of De.ClOprtt and of Progrdmmes atxl FU1raising. TIKal trtllunerdtioj) #nd Tri[s p#id to key managenxnt Fyrxxmel during the year Mnted to £117,870 12073.. £102.910). 11 COMPARATNES FOR THE STATEMENT OF FINANCIAL ACftVRTIFS Unttstrictd fvnd Resiricd funds" Tolal fundtr• [knatio* at le%leS 3316ZI 261.303 593.930 Inv¢suneni iwjn 865 Totsl 333.492 261.3(Y3 594.795 Raising furHIs 8&133 88.133 Chgritabk activities 136.47$ 34.156 376.908 34.156 Awarene&$ Totsl 258.764 499.191 Page 31 continued...
FRANK WATER PROJEcrs Notes to the Financial Statements. CODtinDEd 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL Acr[VIT . continued Unreltricted Restricted fund hJ7)db Tothl fun(ts' NET LYCOME 74.728 20.870 RECONCILIATION OF FUNDS Total hnd5 brought fonvatd 33.856 173,916 ?07,772 TOTAL FUNDS CARRIED FORWARD 108.584 194,786 303.370 13. TANGIBLE FIXED ASSETS Fixtures and fEttings cosr At l October 2023 and 30 Seixember ?(r24 7813 DEPRECIATION Ai l (kiolKr 2021 Cbarge for year AI 30 Seplemkn 2024 NET BOOK VALUE At 30 septem 2024 43S At 30 Swemiyr 2023 774 14. Shares in group undertakings At l October 2023 and 30 Serrtember 124 io NET BOOK VALUE At 30 Setrternlr 2024 io AI 30 SeFtrmirr 2023 10 Thefe wert no Invemen1 &*sets ryjtsith U Frank Water CIC {c(xupaThy nwnirr 05388346) is the subsidiary of the ¢blty. tknring tk y¢iW to 30 Septemixr 2024. the loss after tax aM<rlted to £15.()84 (2023.. loss to £L? 811 k with n¢gafive taIned $¢T¥¢5 of £l56.768 (21723: negative rdained Rser¥es of £141.(V>l). Page 3? contin...
FRANK WATER PROJECTS Notes to ¢he nanCI*l.8taIenknts- contin1 FOR THE YEAR ENDED 30 SEPTEMBER 21)24 15. DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2024 2023 Tra& debto Amounts owed by group undertakings (hher debiors PrepaymenL 46.873 44.496 9.134 4,962 975 91 26.8(hS 16. 2024 Trade cThJiiors Other creditor8 Accruals and deferred income 4.422 I,W8 3,072 745 44.602 8,.I92 17. MOVEMENT IN FUIYDS Net movement in fid$ TTrnsfers tw¢ell funds Ai 1.10.23 At 30.9.24 Unrestrlued futsds General fund (7J47) (6.IN)4) 94733 ARUP Other prr>je¢ii in India Projects in N¢Fo1 Beyond the Boundary 2 Madhya Pradesh Uiwakhand &•Jo 15,(KKI 4.124 (4.124) 189.786 (178J53) {3J17) 11.433 3J17 151 TOT AL FUNDS 1158J50 144 Page 33 con11n..
FRANK WATER PROJECTS Notes lo the FlnaD(ial Statennts- u•ntinDed FOR THE YEAR ENDED JO SEPTEMBER 2024 17. hlOVEMEiYf IN FUN . continued Net movement in funds.. iluded in the dbove are as follows: IDc¢xlliDg Resources expended Movcmeni in funds Uurestslcted funds General fund 384912 (391759) (7.847) Restricted funds her proje¢ts in India Proje¢i& in Nepal Beyond the Boundary 2 Madhya Pradesh Uttarnkhand {{U4) (1&552) (178J53) (17L153) (1117) (3J17) (14 131 IL63) (4124) li TOTAL FUNDS 40162 (620,415) (I Compar*tiveJ for nWe¥t th fw Net At 1.10.22 At 30.9.23 in fun(Is CfeneTal fund 33.856 74.728 108,584 Reslrk¢ed fun ARUP Beyond the Boutthry Beyond the BOUjary 2 173.916 {173.916) 189,786 173.916 20.870 194,786 TOTAL VUNLKS 95.598 303.370 Contin(l..
FRANK WATER PROJECTS Nthes to the FInancI StatenDts. tind FOR THE YKAR LYDED 30 SEPTEhlBER 21)24 17. MOVEMEKf IN FUNDS . wnthiucd C(xnp4rntiv¢ nrt movement in funds". I1&d in the aEove are follows: IDcomirtg resources Resources exrnded Movement in fLmds GctLcral (uud 33_1.492 (258.7fA) 74.728 Restricted luD(15 ARUP Other projects in India PTojerls ill Ne1 S2merth Beyond the Bou Beyond the Bou4¥1ary 2 15.929 31.674 (10.929) (33.674) (7.200) {1.750) (173.916) 1.750 (173.916) 189 786 202.750 261.303 1240.433) 20,870 TOTAL FiJNDS 594.795 (499.197) 95.598 ARUP Thi% fund supiyxts work acro&% FTrnk Waler's progrdmmiDg. inclwjing the E4jUcl0n & Awar¢De%8 progrdmme and dissemiwtion of Global WaSH Basins TIkIt (and App), which incluths sup[ng a partner in Kenya with training and 5UPEKXt in using the TTh)IkiL The balance of the fund h&4 been kased to the General Fknnd Is the fund has been exFrnikd within the year Otkn proietts in Intha This is ma(k up of donations supporting our sY51s S¢rcngrkning work creat&1 aod (kliveAEd in collab(Kation with I(al in Indi& including chh]sga4 Mddhya Pdesh aEMI Uttstllk. PropLXs in Nepa Thi.s fund is up of donations SUNrting our System Strefvgilning clead and delivered in Ollaition with I3] in t]r KathrndU Valley in N¢rAI. Thits fuTrA is math up of donations suppTrrting OUT Sy5teni?> StrengUning wo. cteated and delivered in cojlaborauon with this knai Partrin the slate of chhatt1sgh. Thts fund crn5ists of Ik)nations to a prtiie pvidIng cl&m Susthinabk water s44)lies disadvantaged WTnmwiitses in ttr Indian Slate of T¢lang This fuDd all% to impr()ve waterslxd-scak stew4Tdship in IThlia's UTban 1pleS by integrdiiiig da aligning stskeholder intereM and provithng 1xst-lticc guidance for collective aaion. ensurinE safe waier for all within Il w*ersiKd Page 35 contltid...
FRANK WATER PROJEcrs oles to the Statements- CODtlnued FOR THE YEAR ENDED 30 SEPTEMBER 2•24 17. MOVEMENT IN FUNDS. eonlinDed UttarakhaDd This fund COnsi¥l& of dondtims rebtTiCted tOWaT(LN' our Utwakh#yMI pn)iert of reviving Himdldyan sTrrirtgs by ¢dUting women on water iesource managejnent systems. Madhya Pradesh This fund Consists of donations Testricd wardS our Mthya Pradeth proFa of empowering and supp)rting COTnmunities through the implemeniaiism of waw securilv programmes. in tk prior year. any over-speNI restric fund% w&£ ditecdy inCued by the gene1 fund. Comparalive aDalyw g&ets belween funds Are as follows: Fund balae& &$ at 30 September 21Y23 Tothl nds Fixed assets 116..Ig2 (8,592) 108,584 194,786 -711,178 (8.592) 303.370 Current liabililies Totsj net *ets 194.786 18. Frank Walcr Limited is tl trading sb51th"ary rfFrk Water Projects. During the year. Frdnk Water Proiecrs received £15.48_1 (JI23.. £10.831) from Frank Water CIC in rest of rent and overf5. and £41,496 wa5 owed io chanty at the year end Q(123: £9.134 owcd to t charity). Of this baldnce outsunding dt the yedr en(L £?5.(NXI coniiited of a loan fro hank. Projeets to Frank Water CIC io supFKirt their W<Mking capAtal. The were donatiOfL8 tirtalliug £77 fT(Wll the T¢¢9 ill year Sepembu 2024 (2023.. £8Q5). Pa8e 36 continwl...
FK4NK WATER PROJECTS Yotes lo the Flnanclal Sta1ts- contlued FOR THE YEAR ENDED 30 SEPTEMBER 21)24 19. COMPANY LllKITED BY GUARLwfEE The compny is Itmited by guarantee h4Ls no iswed Shre witt. In the eyent of the comydny being wound up th¢ liabl¢Y of the memirrs is lirniicd to £l caclL Pa8e 37