Doojsign En¥efope 10.. 7E9E2634-1617421MISA4IFFSA934C&A Child-Link International Aid. Foundation (A Company Limited by Guarantee) Annual Report and Financial Statements For the year ended 4 April 2023 *ACIXASR7• 2211212023 CCthIPANIES HOUSE A17
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Do¢uSign Envelope ID. 7E9E2634-1617421&816A-90FFS4934C8A Child-Link International Aid Foundation Re ort and Accounts for the ear ended 4 ril 2023 Contents Reference and Administrative Details Trustees. Report Independent Examinerfs Report Financial Staternenls Principal Accounling. Policies Notes to the Financial Statements 11 14
Docusign Envetr)pe10.' 7E9E2634-1617421641WQFFSA934C&A Child-Link International Aid Foundation Re ort and Accounts for the ear ended 4 ril 2023 Reference and Adminlstratlve Details Registered Charity Number 1128548 Company Registration Number 06828539 Directors and Trustees Diana Butchers. Chair Alan R Butchers Peler W Moffat Michele Millidge Secretary Mrs Elisabeth Devaraj Registered Office 39a Moberly Road, Salisbury. Wilishire. SP1 3B2 Independent Examlner Simon Ellingham FCA DChA Fawcetts LLP Chartered Accountants Windover House Sl Ann Street Salisbury SP1 2DR
DKuSign Envelope ID.. 7E9E26341617421ft81&4-gOFF5A934 Child-Link International Aid Foundation Re ort and Accounts for the ear ended 4 ril 2023 Trustees, Report The trustees. Ytho are directors for the purposes of company law, present the annual report together with the financial slatements of the charitable company for the year ended 4 April 2023. Objectives and Actlvltles Purpose The relief of povety and sickness especially of children and young people throughout the world and the advancement of the Christian religion throughout the world in accordance with the statement of faith. Actlvltles We raise support through a child sponsorship programme (regular giving), mainly for the education of Children at the Gnana Deepam sthool in Tamil Nadu. India. Funds are also raised for specific capital projects associated a school in Nepal. We provide hot school meaL8, as school bus and educational resources for a primary school in the slums of Kathmandu. Public Benefit This year we have continued to support both schools.. the Gnana Deepam Matriculation s01 in Tamil Nadu, Southem India and Pastor Daniel's kindergarten school in the Balkhu slum. Kathmandu, Nepal. The trustees confirm that they have complied the requirements of sectTron 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Achi•vwnent$ and Porfomiance Nepal Child Link continues to fund hot cooked lunches for 93 children every school day and a sthool bus to allow the children to travel to and from xhool safely - partiujlady during adverse weather when conditions in the slum are extremety wet arKI slippery. Child link contributed extra money to purchase wami coats for the children and to help them to lebrate Christmas. India We have continued vrith the annual Maintenan payment of £3.000 to keep the school in a good stste of paIr. Annual sponsorship of an 81r1 group plus a small number of chIldn sponsored by individual donors has continued. We have also maintained salaries for one teacher and one sch¢)ol administrator.
DocuSb3n Envelope 10. 7E9E2634-1617421M1&4-9)FFS4934C&A Child-Link International Aid Foundation Re ort and Accounts for the ear ended 4 A ril 2023 India (conlinued) Post Covid, the hostel for the boys vrds ternporarily dosed. viith sorne boys moving to altemative schools and some becoming day students. The level of support for girfs is still the highest need as 750/0 of families do not have a father, with some also not having a mother. There has been an intensive English and Maihs drive as the children Vre behind on the basics due to COVID. The bus routes have been dud, due to the Right to Educalion Act, stipulating that students must come from a 3 kilomelre radius of the 5chi)ol. This has helped to reduce the financial and administrative burden that the extended bus routes previously posed. The school runs under the board of the Chinna Kafvarayan Hill Agricultural Development Association (CHAOA). Financial Review Child Link has continued to focus on local fundraising in the Salisbury area this year. We have continued to run monthly artisan market stalls and rented stalls in indoor markets - for example Fisherton Warehouse in Salisbury. Special thanks 15 extended to the supporters of Child Link throughout the year. has allowed us to continue our support through this difficult period. Structure, Governance and Management Governing Document Memorandum and artides of association incorporated 24 Febnry 2009 as amended by special resolution 22 September 2009. Conslltutlon A company limited by guarantee. SL*ement of Trustees. Responsibllitles The trustees, who are a150 the directors of the company for the purp)se of rxjmpany law. are responsible for pparing the Trustees. Annual Report (including the Strategic Report) and the financial stalements in accordan with applicable law and United Kingdom Accounting Standards {Uniled Kingdom Generally Accepted Accounting prac11). Company law requires the trustees to prepare finanaal slatefflents for each financial year. Under company law trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affaits of the charitable company and of the incoming rèsources and application of resources, including ihe income and expenditure, of the charitable company for that year.
Docusign Envelcye ID.. 7E9E2634-1617421H1&A-90FFSA934C8A Child-Llnk International Aid Foundation Re ort and Accounts for the ear ended 4 A ril 2023 Statement of Trustees. Responsibilities (continued) In preparing these financial statements. the trustees are required to: select suitable accounting polioes and then apply them consistently- observe the methods and prinaples in the Charities SORP 2019 {FRS 102); make judgements and eslimates that are asOnable and prudent: make whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements,. and prepa Ihe financial statements on the going concem basis unless it is inappropriate to presume that the charity wlll continue in operation. The trustees a responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial slalements comply with the Companies Act 2006. the Charities and Trustee Investment {ScotlaTrJ> Act 2005 and the Charttie5 Accounts (Scotland) Regulations 2006 las amended). 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. Declaration The trustees dedare that they have approved the trustees. rewrt above. si ne4 on behalf of the charitys trustees EQF iana¥ulc%ers. Chair Date 21 Decernber 2023
Docusign Envelope ID.. 7E9E2634-16174216-81f*VJOFF5A934C&4 Child-Link Inlemational Aid Foundation Re ort and Accounts for the ear ended 4 ril 2023 Independent Examlner's Report To the trustees of Child-Llnk Internatlonal Aid Foundation (a company limlted by guarantee). eharity number 1128548, on accounts for the year ended 4 April 2023 Responsibilities and basis of report I report to the trustees on my examination of the acc¢)unts of the above tharity {'Ihe chariw) for the year ended 4 April 2023 as set out on pages 8 to 17. As Ihe charity's trustees. you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {"the Act"). I rewrt in respect of my examination of the charitys accounts carried oiA under section 145 of the 2011 Act and in carying out my examination. I have followed all the appliczble Directions given by the Charity Commission under section 145{5)(b) of the Act. Independent examinerfs statement I have completed my examination. I confim that no material matters have come to my attention in connection with the examinab'on which gives me cause to believe that in. any material respect: the accounting records were not kept in accordance viith sectTron 130 of Ihe Charities the accounts did not accord with the accounting records,. or the accounts did not comply with the applicable requirements nCernIng the form and ¢onlent of accounts set out in th8 Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and-tsirf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other rnattets in nnectiOn with the examination to which attention should be drawn in this report in order to enable a proper understanding of the acrL4oIAi¢be reached. Imon%ffingtsam FCA DChA Fawcetts LLP Chartered Accountsnts Windover House St Ann stet Salisbury SP12DR 21 December 2023
Docusn Envelope 10.. 7E9E2634-1617421641fA-g)FFSA934C8A Child-Link International Aid Foundation ort and Accounts for the ear ended 4 ril 2023 Financial Statements Statement of Financial Activities For the year ended 4 April 2023 (inwrporaling an income and expendtlure account) Current financial year Unrestricted Restrlcted Funds Funds 2023 2023 Total Total 2023 2022 Note Income from: Donations and legacies Other trading activities Investment income 13.917 21.153 35.070 27,846 11,609 11,609 6,366 40 Total income and endowments 25.586 21,153 46,718 34,213 Expenditure on: Raising funds Charitable activities 216 3.3g3 35.796 39,189 36.425 Total resources expended 3.393 36,076 39,469 36.641 Net in¢omel(expenditure) before transfers 22,173 (14.923) 7.249 (2,428) Transfers betmn funds 10 (14.923) 7,249 14,923 Net incomel(expenditure) 7.249 2,428 Reconclllation of funds Total funds brought forward at S April 2022 Total funds carried forward at 4April 2023 10 20.367 20,367 22.795 10 27.616 27,616 20.367 All arnounts derive from )ntInuing activities All gains and losses renised in the year are induded in the Statement of Financial Actrvities.
Oocusign Erbvebpelo." 7E9E2634-1617421M1&4-WF5A934C&4 Child-Link International Aid Foundation Re ort and Accounts for the ear ended 4 ril 2023 Statement of Financial Aclivities (continued) (incorporaling an income and expenditu account) Prior financial year- for the year ended 4 April 2022 Unrestricted Restrl¢ted Funds Funds 2022 2022 Total 2022 Note Income from: Donations arKJ legaaes Other trading -activitie5 Investment income 3.349 24,497 27.846 6,366 Total income and endowments 9.716 24.497 34.213 Expendlture on: Raising funds Charitable activities 216 216 2.754 33.671 36,425 Total resources expended Net Incomel(expenditure) before transfers Transfers belween funds 10 2.g70 33.671 36,641 6.746 (9.174) 9.174 (2,428) (9.174} 2.428 Net Incom{0xpendIturo) 2,428 Reconciliation of funds Total funds brought forvrard at 5 April 2021 Total funds carrled forward at 4 April 2022 10 10 20,367 20,367 All amounts derive from continuing actrvities All gains and losses recognised in the year are induded in the Statement of Financial Activities.
Oo¢uSign Envelope10.. 7E9E2634-1617421fv816A-9CffS49J4C&4 Child-Link International Aid Foundation Re ort and Accounts for the ear ended 4 A ri12023 Balance Sheet Company number. 6828539 Asat 4 Aprll 2023 Asat 4 Aprll 2022 Note Current assets Debtors 3,320 3.818 Cash at bank and in hand 40,547 18.041 21.859 Llabllitles Creditors: amounts falling due within one year Net current assets 16.250 1.491 27.617 20.368 T¢)tsl assets less current liabilities 27.617 20.368 Funds of the charlty General unrestricted funds Total charity funds 10 27.616 27.616 20.367 20.367 The notes on pages 11 to 17 are an integral part of these financial ststements. The directors are satisfEd ihat the company is entitled to exemption from the requirnent to obtsin an audil under section 477 of the Companies Act 21))6. The members have not required the company to obtsin an audit in accordan with section 476 of the Act. The directors acknowledge their responsibilit*s for complwng bwlh the requirements of the Companies Act 2006 with respect to accounting records and the preparalion of accounts. The accounts have been ppared in accordan with the special provisions applicable to companies subject to the sfflall companies regime. Approved by the Board of Trustees on 21 December 1023 "vulcerS lana Chair
Docu5n EmielcsFe10.. 7E9E2634-1617421H16A-90FFM934C&4 Child-Link International Aid Foundation Re ort and Accounts for the ear ended 4 ri12023 Notes to the Financial Statements 1. Nature of operations and general Inforniallon The charity is a charitable company limited by guarantee and nseqUentlY does nol have share capital. Each of the trustees is liable to contribule and amount not exceeding £nil towards the assets of the charity in the event of liquidation. The charitable company is InrpOrated in EnglarKJ. Its registered Offi is 39a Moberly Road. Salisbury. Wiltshire. SP13BZ. 2. Princlpal Accounting Pollcles Basis of preparation These accounts have been prepared under the hislorical cost convention with items reo)gnised at cost or transaction value unless otheThvise ststed in the relevant notes to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Finanoal Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) issued on 16 July 2014- the Financial Reporting Standard applicale in the United Kingdom and Republic of Ireland (FRS102)'. the Companies Act 2006: and the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. Golng concern The trustees consider that there are no material UnrtaInt{e$ about the charity's ability to continue as a going COnM nor any snIfICant areas of uncertainty thal affect the carying value of assets held by the charity. Accounting judgements and assumptions The preparation of financial statements under SORP (FRS 102) requires the company to make judgements and assumption5 that effect the applicalion of policies and reported amounts. Assumptions and judgements are based on historical experience and other factors including expectations of futu events that a believed to be reasonable under the circumstances. Actual results may differ from the estimates derived from applyin9 those judgements and assumptions. The judgements and assumptions which have a significant impact on the carying value of assets and liabilities are considered to be those surrounding the valuation of creditors including accruals. The trustees do not conceive .there to be any signffint risk of material adjustment during the next reporting period as a result of the judgements and assumptions applied to the financial statements.
DocuSv4n Envek)*10.' 7E9E2634-1617421U16A.g]FFW34C&4 Child-Link International Aid Foundation Re ort and Accounts for the ear ended 4 ril 2023 Income Income is recognised in the Statement of Finanual ActivitK?s {SoFA) vthen: the charity becomes entitled to the resources.. it is more likely than not that the trustee5 will receive the resou$. and the monetary value can be measured vthh sufficient reliability- There has been no offsetting of assets and liabilities. or income and expenses. unless required or pemiitted by the FRS 102 SORP or FRS 102. Grants and donations are onty included in the SOFA when the general income recognition criteria are met. Gift Aid receivable is induded in income when there is a valid"declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donr-ation u, nless th, e i donor or the tenns of the appeal have specified otherwise. Income from interest. royallies and dividends is induded in the accounts when reipt is probable and the amount re1vable can be measured reliably. Insurance claims arè only included in the SOFA when the general incx>rne recognition criteria are met (5.10 to 5.12 FRS 102 SORPI and are included as an tiem of other income in the SOFA. Govemance and support costs Support costs have been allocated between governan costs and other support. Govemance costs comprise all costs involving public a¢UntablIty of the Charity and its MplIance wtth regulation and good practi. Support costs include cenlral functions and have been allocated to activty Cost calegories on a basis consistent with the use of resour$. e.g. allocating property costs by floor areas, or per capita. staff costs by time spent and other ¢ts by their usage. Stocks and work In progress Stocks held for sale as part of non-charitable trade are measured at lower of cost or net realisable value. Debtors Debtors (induding trade debtors and loans receivable)"are measured on initial recognition at, settlement account after any trade discounts or amount advanced by the charity. Subsequently. Ihey are measured at the cash or other consideration expected to be r1ved.
Docusign En¥elop8 ID.. 7E9E2634-1617421M16A.9)FFSA934C8A Child-Link International Aid Foundation Re ort and Accounts for the ear ended 4 A ril 2023 Liabilities Liabilities are recognised where it is more than likely that not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Creditors The charity has creditors vthich are measured at settlement amounts less any trade di$unIs. Taxalion No Corporation Tax is provided for as the company. being a charity. is exempt. t)ue to its current activities the charity is not registered for VAT and therefore cannot recover VAT on its expenses. Fund structure Unrestricted income funds are general funds that are available for use at the truslee's discretion in furtherance of the objectives of the charity. Restrided income funds are those donated for use in a particular aa or for specific purposes, the use of which is restricted to thal area or purpose. Volunteer help The value of any voluntary help received is not included in the accounts but is described in the truslees, annual report.
Docusign En¥elope ID.. 7E9E2634.1617421M1&44IFFSA934C Child-Link International Aid Foundation Re ort and Accounts for the ear ended 4 ri12023 Notes to the Flnancial Statements 3. Income Unrestricted Restricted Funds Funds 2023 2023 Total Unrestricted Restricted Fund$ Funds Funds 2023 2022 2022 Total Fund5 2022 Donations and l•gxies Gift aid Sponsorships Donations 3.020 375 10.522 3.020 21.528 10.522 3,149 3,149 24.497 2(Kl 21.153 24,497 Total donations arKI legacies Other trading activities 13.917 21.153 35.070 3.349 24.497 27.846 Fundraising sales 341 341 Income from market stalls 1,194 1,194 1.307 1.307 Other sales of gjods 4.718 4,718 Fundraising events Total other trading actNities 11.609 11.609 6,366 Income from bnveslments Bank interest Tolal investment income Tolaj income 40 25.566 40 46.718 21,153 9.715 24.497 34.212
Docusign Envepe 10.. 7E9E2634-1617421H7&4-90FFS4934C&4 Child-Link International Aid Foundation Re ort and Accounts for the ear ended 4 ril 2023 Notes to the Flnancial Statements continued 4. Expenditure Unrestricted Restricted funds funds 2023 2023 Total Unrestricted Restricted funds funds 2022 2022 Totsl 2023 2022 Raising funds Fundraising events Advertising and marketing Total raising funds 159 57 216 159 57 216 Charitable activities Gnana Deepam - Childrens. Edu¢ation Gnana Deepam - Mainlenanee Fund Gnana Deepam - Other Nepal - Sch1 Lunths & Buses 16,546 16.546 12,496 12,496 3.000 9.000 11.250 11.250 9.000 8,125 1.050 8.125 1.050 587 Nepal-other Suppryt Staff 587 IT & Website 444 Insurance 250 250 778 778 Bank tharges Equipment leasing Office & professiorkil Total charitable activities 404 622 622 144 144 228 228 1,950 3.393 3.393 1.950 95 95 2,754 2.970 33.671 36,425 Tot expenditure 36.076 39.469 33.671 36.641 S. Net movement In funds 2023 2022 Net movemenl in funds is stated after chargirvJ' Independent examiners fees 1.200
OocuS¥n Envebpe ID.. 7E9E2634-1617421&8164-9W&4934C&4 Child-Link International Aid Foundation ort and Accounts for the year ended 4 A ril 2023 Notes to the Finanoal Statements Continued 6. Trustees and related partiès None of the Iruslees {or any persons connected wth them) reeeNed any remuneratson or teTit$ from the charity or a related entty during the r. No trustee expenses have been incurred. 7. Employws and staff &Sts No staff were employed during the yEar {2022: 1 } The agJregate remuneralion o)mrKises: 2023 2022 Wages and saaries 487 487 No employee eamed more than £60,000 during the year12022.' nil). 8. Debtors 2023 2022 Trade debtors Prepayrnents a1 accrued inrnme 669 3,149 3,818 3.030 3.320 All arnounls are receivable within one yEar from Ihe balarKe sheet dale. Al amounts comprise unrestricted funds 9. Creditors: Amounts falllng due within one year 2023 2022 A¢¢ruals and deferred InMe 16,250 1.491 Al amounts comprise unrestricted funds.
DoGuSi9n Envebpe ID.. 7E9E2634-1617421&816A-90FFSA934C&A Child-Link International Aid Foundation ort and Accounts for the ear ended 4 A ril 2023 Notes to the Financial Statements continued 10. Funds of the charity Movements in the funds of the charity comprise: Unrestricted Restrlcted Total Fund Fund Funds General Child Support Balance al S Aprll 2021 22.795 22,795 Movemenl in funds Incoming resources Resources expended Transfers befften lunds Balance at 4 April 2022 9.716 24,497 34,213 12.970) (33,671) (36.6411 9,174 9.174 20.367 20,367 Movement in furKIs Incoming resources Resources expended Transfers betsveen funds Balance at 4 April 2023 25,566 21.153 46.718 {3,3931 (36.076) (39.469) 14,923 14,923 27.616