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 st￿et
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 aWa￿nesS 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. The4Jorni￿N￿I i[f1Vt￿n fflÈthoo * swlxefty)wlW*I
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 - SO￿r￿nbudUr. October 2024.
URL: httbs..l/www.frar*water.uwhlapp/wJlwls12024n21Ftsaslbility-study.R4%)rt.Cl￿TW1.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
g￿ater 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 Inc￿ase. 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. t￿nChes. 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. Menst￿￿1 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 awa￿TreSS 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 meaSu￿5-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 whe￿in 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 F￿ShWater 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 audIer￿A 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 cUr￿nt 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
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-Frameworks-Relevanl-l¢>WRM-and-Watef-Siewardshi
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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 I￿11d 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 cOnd￿t 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 p￿SSUre 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 di￿tlY 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
fir￿ncIal 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 Tr￿Stee8 of
Frank Watsr Proierts
Independent examloer's rewjrt to ¢nthes ofFr8nk Waler Projects I'the Company.)
r¢FX)n to the c1￿11Y trustees on my ¢xaminwion of the awxmts of tbe Company for the year ¢nded
30 septeM￿r 2024.
Responslbllliles and basts of ￿pOrt
As the th￿][Y,S lrnstees of the c￿panY (and aL50 its ditedots for & ￿tpose5 of company law) you are restK)nsible
for the p￿paration of the accounrs ia a￿)rda￿e 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 1knde￿ndent exaTnITWti(￿. l ￿port in of my exdminiilion of y(M￿ chdriiy's 1￿Count5 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
D1￿CtiOnS 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 a￿1 Wales. which is 01￿ of the listeAJ iKKIi¢s.
I ha￿ c(Mnp1￿d my examinauon. I wnfimi rto matters have come to mv auetttion irj C(￿neCtIon with the
eKamir￿u0n giving cwse ts) believ
aL¢ouoting ￿coTd5 W¢Te not kqrt in resi￿1 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 reqU1￿ments 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 conside￿1 as part of an
llld¢Fnthnt eXamu￿ri0n. or
Ihe accounts have l*en ￿e1￿cd in ￿ordanCe wilh ts methods and priociples of the Ststement of
Recommen(kd Practice for accouw and rep)ning by CTr￿lties (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 InStit￿e 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)eTh￿l￿re 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$tment I￿0￿
805
461
594.795
EXPENDITURE ON
Raising funds
l25274
294
1255(
88.133
Charitabk acllvities
Prograrnmes
Awarene&s
234955
32J311
227J65
462J2
315J)
376.908
M,156
4W.14XI
NET INCOMFJ(EXPENDrruiiE)
TratLsfers be1v￿n fiuMIs
{7047)
(151,1119)
(ISV56)
95.598
17
Net movement in
(13851)
1145.(￿5)
(15&856)
RECONCILIATION OF FUNDS
Tothl fund$ t>rought forward
194,786
303J70
07,772
TOTAL FUNDS CARRtED FORWARD
X733
49.781
144
303.370
The JKK¢$ part of these fina￿la1 statements

FILANK WATER PROJECTS
Balance SI￿te
30 SEPTEMBER 2024
2024
unrestrllc￿d
fund
Restric*d
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
I44￿14
NET ASS
A44
303.370
17
Un￿s￿ICted 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 se9lem￿r 2024.
￿￿t￿be[S hav¢ ￿qUiT￿l the company to obratn an audit of its fill)a￿l31 state￿￿nIS 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 ￿(0￿￿1￿8 te¢0￿$ that comply with S¢ctions 386 and 387 of tt
Act 2IX)6 and
preparing finatriai s￿ett￿nt$ 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 ye*r in aCC￿e with t
requirements of Sections 391 aDd 195 which otheTwise comply with requi￿￿ents 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¢m￿ts
Page 24
Contin￿d...

FRANK WATER PROJECTS
n¢e Sbeet- continutd
30 S￿EMBER 202A
Tbcs¢ financial statements have Iwi w¢P￿ed in accorda￿¢ with th¢ provisions appliiable to clwitable ¢ompanigs
subject to the small CoM￿nIt5 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 fi￿￿1#1 ststements
Page 25

FRANK WATER PROJEcrs
otes lo the FinaDcial Statsnxnts
AccouNfiNG POLICIFS
Basls of PTeparlng the fin￿￿￿1 Staten￿llts
The ffftnanciai s￿emen1$ of the ch￿Ilable cimnpany. vthich is a public benefit eDtily Und￿ FRS 102. have E*en
prepared in accordance with th¢ Cbariti¢s SORP {FRS 102)'AccounliDg and Rewyting by Charities: Statement
of Recomme￿j¢d Practice applicable to charities preP￿ing 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 appli￿ble in the UK und Republic of
Ir¢land' and the Companies Aci 2(￿. The sta*nieThts have prepa￿d u￿r 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 5tateJr*nts tIKW of the patEM C(xnpw only and nol that of t1￿ group. as chatitabk
parent company has taken adv*age of available exempioLs n(A io prepare Co￿￿lidated accounts.
The ¢hwily a public ￿nefIt entity as defined under FRS I(￿.
The fi1￿ClaI 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 I￿￿lle WAll be teceived and tk all￿￿nI 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 u￿d in future accounting periods, the inc(¥me
Is defettrd unul tlb)s¢ p￿I￿S.
ill Wl*n donors imp(kse coodiiions. which havc to be fuifdied bef(rE tk ch￿iLY become8 entitled to u*e %￿h
incomc. the income is lkferied unLil ¢h¢ pr¢-¢Ix￿1lIOrt ￿ve i*en meL
Liabl￿tieS are recognised as expendth)re as there is a legal lx C￿￿￿￿tiVe obligalion committillg the
Ch￿ltY ¢0 exFnditure. it is wobable that * transfer of ecowmic benefits will be rrquired in settlement and
the amouni of the obligdtion be n￿￿￿￿Ted reliably. Expumjittuv is for on Mn aCen￿lS b￿15 a￿d h&
been classified under laings that aggregate all CO￿ io ¢*egori. Where costs cannot be d1￿ctlY
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 Ch￿￿Ed in tlx yeJr offer is c&￿VeYed to recipient e%￿p1 in those uèes where
the offer is conditional. sucts as granis t¢ing ￿C￿l￿d as expenditure when a￿ conditions a¢ra¢lKd a
Ifdkd.
Expenditure that is direcdy anributsble ￿ S￿cIfiC xtivities been inclwkd in cost of ihose xtivities.
Supwrt costs have all(Ka1￿j 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 c￿L
Depreciation 15 cakulated (o ￿11¢ off coy ot an kss ￿5 esi10￿1¢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 <ub%taniially all the t£nefits and risL8 of ownffl5hip
remain with the lessor are charged against profits on a straighi-line basis over the period of the lease.
Unrestricied fijnds can be used io BTrth the clwitsble d)jeLts & lh¢ discretion of the trustees.
Rewic*d funds ean only t¢ th for wicular restricted purEx)ses within th¢ objects of the eharity. Restricti(ffis
arise w￿n sttcified by donof or when funds are rdisrd for Trblrictrd putposes.
The full cost of proie£ts partly ￿nded by restricred fund5 are included in the financial statements as restrictertl
co$l.s. Any overynd on the reStriC￿d fund is Tcimbvrr£d transfcT f￿M the geDe]21 fund. See Trote 18.
PeThsion eontrlbutknTLS and other retiTYment benefits
The charity oFraie$ a defined Cortributl￿ wion *heme. conintr￿￿onS payable io t1￿ pension 5ch¢m¢ are
charged ro th Staten￿l of F￿anCIal ALtivilies iti to wliKh they relale.
I'he value ot seryKes provided by volunleers is n(* in¢o]w•¢d into d￿se fJTwicial 5thkrnertts.
Wbete 8￿dS or sezYKes are provided to ch¥Ary ￿ a donation that would n(KThMIly purchased ftom
supplier%. the¢t contribuiion$ are iDcluded in & finawial statrmenLS as an eqtirnatc b&sed on the value of the
contsibutiotL
Crltlcal ￿¢(￿Ulti1)g jDd8tme•ts
tn the a￿lie9￿0n of tknc charily's a￿0￿￿108 ￿lICit$. tlr TDJS￿cS are TequI￿d to rn￿¢ judg¢nKnts. estimaies
and as8umption$ ab(Kll tk ￿ing values of awts and liabilit*s thai are not readily apparent from other
yources. The estiniuleb. ¥nd UnLkrlying assumpiion5 on historical ezperierKe and other f.a¢tors that are
COllsi(kred to ir relevant. Actual Rsults may differ trom these e$Ein￿les.
There are no key sources of c5tiTnation thai have a signif￿an1 effecl on the amounts recognised in
thc fina￿la] 5taicments ourr than those set (Rrt in accouming policics aiK>vc.
FI[w￿l*l iTLs¢rumeuts
The charity only has fill8￿131 assels aThl liabihiies of a kilxl that qualify as basic fiDancial inslntnKnt& Basic
finaJKial instrumeDLg are initially ￿¢0£nised * tnftWliOD value aDd SUbse￿n¢]Y n￿&*Ured at their .velllemeni
value.
Cash at bank is IKld to shLYt-term cash conMwtw¢J)ts 18 t￿Y fall tather than for invcstmert purp05e5
and incl￿% all c&%h equivalenL% held in the fonn of 5hort-terni highly liquid investments. Cash equivaknLq are
short-teTm. highly liquid inv¢sTmerts that rndily convenibie ¢0 known amounts of cash and that are Subject
¢0 an insignificant Tisk of ¢lw)ges in Yah￿.
Contin￿1...

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 f￿ndraISing 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¢l￿g
Equipment maintrnance
Travel & subsisience
Confere￿eS & 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 StateTr￿nts - 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
Progf￿￿Ks
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 Cen*r for Water Resources Developn￿￿t And Management
Bala Vikasa S(rial Setvires S(K-iery
1.1.750
2.591
Contederntion of t￿lIa0 ItLdu%
Insiithte for FinalK￿l 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-c￿ntry NGO PdrmeTS. to cover the of catTied
out on Frank Wa￿5 behalf.
Pag¢ 29
Onlln￿d...

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
Programn*s
Awiw¢ne
Wages
&Kio1 v£curity
Pensions
Advellising
Phone. stttionery & prtnting
RenL rdies. lut & light
Prcmlses costs
Travel & subsistrnce
Confercr*tt & 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 0￿ratIng 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
Contin￿d...

FRANK WATER PRoJE￿s
Notes to the Statements . CODtinued
FOR THE YEAR ENDED 30 SEvfEMBER 2024
io.
There were no Irusleeb remun¢￿tion QT od*r 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 septeM￿r 2023.
11. STAFF COSTS
2024
2023
Wages and sal￿1¢5
S￿1#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 tr￿￿ets consider the key managemeni F¢￿)nnel to be thcuwlve5. the Chief Executive OfficeT, Head of
Opemions and ￿na￿e& kkad of De￿.ClOp￿￿rtt and of Progrdmmes atxl FU￿1raising. TIKal
trtllunerdtioj) #nd ￿T￿ri[s p#id to key managenxnt Fyrxxmel during the year ￿M￿nted to £117,870 12073..
£102.910).
11 COMPARATNES FOR THE STATEMENT OF FINANCIAL ACftVRTIFS
Unttstrictd
fvnd
Resiric*d
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 Setrternl￿r 2024
io
AI 30 SeFtrmirr 2023
10
Thefe wert no Inve￿men1 &*sets ryjtsith U
Frank Water CIC {c(xupaThy nwnirr 05388346) is the subsidiary of the ¢b￿lty. 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- contin￿1
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 fi￿d$
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 Staten￿nts- u•ntinDed
FOR THE YEAR ENDED JO SEPTEMBER 2024
17. hlOVEMEiYf IN FUN￿ . continued
Net movement in funds.. i￿luded 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)
(11￿17)
(3J17)
(14
131 IL63)
(4124)
li
TOTAL FUNDS
401￿62
(620,415)
(I
Compar*tiveJ for n￿We¥￿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 BOU￿jary 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￿ Staten*Dts. ￿tin￿d
FOR THE YKAR LYDED 30 SEPTEhlBER 21)24
17. MOVEMEKf IN FUNDS . wnthiucd
C(xnp4rntiv¢ nrt movement in funds". I￿1￿&d in the aEove are follows:
IDcomirtg
resources
Resources
exr*nded
Movement
in fLmds
GctLcral (uud
33_1.492
(258.7fA)
74.728
Restricted luD(15
ARUP
Other projects in India
PTojerls ill Ne￿1
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 E4jUc￿l0n & Awar¢De%8 progrdmme
and dissemiwtion of Global WaSH Basins T￿IkIt (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 sY51￿￿s S¢rcngrkning work creat&1 aod (kliveAEd in
collab(Kation with I(￿al in Indi& including chh￿]sga￿4 Mddhya P￿desh aEMI Uttstllk￿.
PropLXs in Nepa
Thi.s fund is up of donations SUN￿rting our System￿ Strefvgil*ning clea￿d and delivered in
Ollai￿tion with I￿3] in t]r Kathrn￿dU Valley in N¢rAI.
Thits fuTrA is math up of donations suppTrrting OUT Sy5teni?> StrengU*ning wo￿. cteated and delivered in
cojlaborauon with this knai Part￿rin the slate of chhatt1sg￿h.
Thts fund crn5ists of Ik)nations to a prtiie￿ p￿vidIng 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 ￿1p￿leS by integrdiiiig
da￿ aligning stskeholder intereM and provithng 1xst-l￿￿ticc guidance for collective aaion. ensurinE safe
waier for all within Il* w*ersiKd
Page 35
contlti￿d...

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
¢dU￿ting women on water iesource managejnent systems.
Madhya Pradesh
This fund Consists of donations Testric*d ￿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 inCu￿ed by the gene￿1 fund.
Comparalive aDalyw g&*ets belween funds Are as follows:
Fund bala￿e& &$ 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 s￿b51th"ary rfFr￿k Water Projects.
During the year. Frdnk Water Proiecrs received £15.48_1 (JI23.. £10.831) from Frank Water CIC in rest￿￿ of
rent and overf￿￿5. 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 Sta1*￿￿ts- contl*ued
FOR THE YEAR ENDED 30 SEPTEMBER 21)24
19. COMPANY LllKITED BY GUARLwfEE
The compny is Itmited by guarantee h4Ls no iswed Sh￿re witt￿. In the eyent of the comydny being
wound up th¢ liabl￿¢Y of the memirrs is lirniicd to £l caclL
Pa8e 37