Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid. Foundation
(A Company Limited by Guarantee)
Annual Report and Financial Statements
For the period 5 April 2023 to 31 March 2024
Company Number: 06828539 Charity Number: 1128548
Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid Foundation Report and Accounts for the period ended 31 March 2024
Contents
-
2 Reference and Administrative Details 3 Trustees' Report 6 Independent Examiner's Report 7 Financial Statements
-
10 Notes to the Financial Statements
1
Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid Foundation Report and Accounts for the period ended 31 March 2024
Reference and Administrative Details
Registered Charity Number
1128548
Company Registration Number
06828539
Directors and Trustees
Diana Butchers, Chair Alan R Butchers Peter W Moffat Michele Millidge
Secretary
Mrs Elisabeth Devaraj
Registered Office
39a Moberly Road, Salisbury, Wiltshire, SP1 382
Independent Examiner
Simon Ellingham FCA DchA Fawcetts LLP Chartered Accountants Windover House St Ann Street Salisbury SP1 2DR
2
Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid Foundation Report and Accounts for the period ended 31 March 2024
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the period ended 31 March 2024.
Objectives and Activities
Purpose
The relief of poverty 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.
Activities
We raise support through a child sponsorship programme (regular giving), mainly for the education of children at the Gnana Deepam school in Tamil Nadu, India. Funds are also raised for specific capital projects associated with a school in Nepal. We provide hot school meals, a 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 School in Tamil Nadu, Southern India and Pastor Daniel's kindergarten school in the Balkhu slum, Kathmandu, Nepal.
The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Achievements and Performance
Nepal
Child Link continues to fund hot cooked lunches for 93 children every school day and for the older children a school bus to allow to allow them to attend school outside the slums - particularly during adverse weather when conditions in the slum are extremely wet and slippery.
Child link contributed extra money to purchase clothes and gifts for the children and to help them to celebrate Christmas.
3
Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid Foundation Report and Accounts for the period ended 31 March 2024
Trustees' Report (continued)
India
We have continued with the annual maintenance payment of £3,000 to keep the school in a good state of repair. Annual sponsorship of an 80-girl group plus a small number of children sponsored by individual donors has continued. We have also maintained salaries for one teacher and one school administrator.
The level of support for girls is still the highest need as 75% of families do not have a father, with some also not having a mother. Of the girls sponsored 2 of them achieved the top two places in exams for the district covering about 420,000 children.
The bus routes have been reduced, due to the Right to Education Act, stipulating that students must come from a 3 kilometre radius of the school. 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 Kavarayan Hill Agricultural Development Association (CHADA).
Financial Review
Child Link has continued to focus on local fundraising in the Salisbury area this year. The majority of funds raised is through sponsorship with additional funds coming from rented stalls in Fisherton Warehouse in Salisbury.
Special thanks is extended to the supporters of Child Link throughout the year, which has allowed us to continue our support through this difficult period.
Structure, Governance and Management
Governing Document
Memorandum and articles of association incorporated 24 February 2009 as amended by special resolution 22 September 2009.
Constitution
A company limited by guarantee.
Statement of Trustees' Responsibilities
The trustees, who are also the directors of the company for the purpose of company law, are responsible for preparing the Trustees' Annual Report (including the Strategic Report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements 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 affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
4
Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid Foundation Report and Accounts for the period ended 31 March 2024
Trustees' Report (continued)
In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP 2019 (FRS 102);
-
make judgements and 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 charity will continue in operation:
The trustees are 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 statements comply with the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as 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 declare that they have approved the trustees' report above.
Signed on behalf of the charity's trustees[Butchers] |[Diana] Signed by: Diana Butchers, Chair 78124C4987424E9...
Date 20 March 2025
5
Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid Foundation Report and Accounts for the period ended 31 March 2024
Independent Examiner's Report
To the trustees of Child-Link International Aid Foundation (a company limited by guarantee), charity number 1128548, on accounts for the period 5 April 2023 to 31 March 2024.
Responsibilities and basis of report
I report to the trustees on my examination of the accounts of the above charity ("the charity") for the period ended 31 March 2024 as set out on pages 7 to 15.
As the 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 report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Simon Ellingham FCA DchA D922CCD0759F4A3... Institute of Chartered Accountants in England & Wales Fawcetts LLP Chartered Accountants Windover House St. Ann Street Salisbury SP1 2DR
Date: 20 March 2025
6
Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid Foundation Report and Accounts for the period ended 31 March 2024
Financial Statements
Statement of Financial Activities For the period 5 April 2023 to 31 March 2024
(incorporating an income and expenditure account)
Current financial period
| Note Income from: Donations and legacies 1 Other trading activities 1 Investment income 1 Total income and endowments Expenditure on: Raising funds 2 Charitable activities 2 Total resources expended 8 Net income/(expenditure) Reconciliation of funds 8 8 Net income/(expenditure) before transfers Transfers between Total funds brought forward at 5 April 2023 Total funds carried forward at 31 March 2024 |
Unrestricted Restricted Funds Funds Total Total 2024 2024 2024 2023 £ £ £ £ 3,644 23,559 27,203 35,070 14,800 - 14,800 11,609 291 - 291 40 |
|---|---|
| 18,735 23,559 42,294 46,719 - 35 35 280 4,635 26,300 30,935 39,189 |
|
| 4,635 26,334 30,970 39,469 |
|
| 14,099 (2,775) 11,324 7,250 (2,775) 2,775 - - |
|
| 11,324 - 11,324 7,250 |
|
| 27,617 - 27,617 20,367 |
|
| 38,941 - 38,941 27,617 |
All amounts derive from continuing activities.
All gains and losses recognised in the period are included in the Statement of Financial Activities
7
Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid Foundation Report and Accounts for the period ended 31 March 2024
Statement of Financial Activities (continued)
(incorporating an income and expenditure account)
Prior financial year - for the year ended 4 April 2023
| **Unrestricted ** | Restricted | Total | ||
|---|---|---|---|---|
| Funds | Funds | |||
| 2023 | 2023 | 2023 | ||
| Note | £ | £ | £ | |
| Income from: | ||||
| Donations and legacies | 3 | 13,917 | 21,153 | 35,070 |
| Other trading activities | 3 | 11,609 | - | 11,609 |
| Investment income | 3 | 40 | - | 40 |
| Total income and endowments | 25,566 | 21,153 | 46,719 | |
| Expenditure on: | ||||
| Raising funds | 4 | - | 280 | 280 |
| Charitable activities | 4 | 3,393 | 35,796 | 39,189 |
| Total resources expended | 3,393 | 36,076 | 39,469 | |
| Net income/(expenditure) before | transfers | 22,173 | (14,923) | (1,451) |
| Transfers between funds | 9 | (14,923) | 14,923 | |
| Net income/(expenditure) | 7,250 | - | (1,451) | |
| Reconciliation of funds | ||||
| Total funds brought forward at 5 | ||||
| April 2022 | 9 | 20,367 | - | 20,367 |
| Total funds carried forward at 4 | ||||
| April 2023 | 9 | 27,617 | - | 27,617 |
All amounts derive from continuing activities All gains and losses recognised in the year are included in the Statement of Financial Activities.
8
Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid Foundation Report and Accounts for the period ended 31 March 2024
Balance Sheet Company number: 6828539
| Balance Sheet Company number: 6828539 |
|||
|---|---|---|---|
| As at | As at | ||
| 31 March | 4 April | ||
| Note | 2024 | 2023 | |
| Current assets | |||
| Debtors | 7 | 4,532 | 3,320 |
| Cash at bank and in hand | 39,743 | 40,547 | |
| 44,275 | 43,867 | ||
| Liabilities | |||
| Creditors: amounts falling | |||
| due within one year | 8 | 5,334 | 16,250 |
| Net current assets | 38,941 | 27,617 | |
| Total assets less current liabilities | 38,941 | 27,617 | |
| Funds of the charity | |||
| General unrestricted funds | 9 | 38,941 | 27,617 |
| Total charity funds | 38,941 | 27,617 |
The notes on pages 10 to 15 are an integral part of these financial statements.. The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
Approved by the Board of Trustees on______, 20 March 2025
Diana Butchers 78124C4987424E9... Chair
9
Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid Foundation Report and Accounts for the period ended 31 March 2024
Notes to the Financial Statements
1. Nature of operations and general information
The charity is a charitable company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute and amount not exceeding £nil towards the assets of the charity in the event of liquidation.
The charitable company is incorporated in England. Its registered office is 39a Moberly Road, Salisbury, Wiltshire, SP1 3BZ.
2. Principal Accounting Policies
Basis of preparation
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014;
-
• the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102);
-
the Companies Act 2006; and with
-
the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying 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 assumptions that affect the application of policies and reported amounts. Assumptions and judgements are based on historical experience and other factors including expectations of future events that are believed to be reasonable under the circumstances. Actual results may differ from the estimates derived from applying those judgements and assumptions. The judgements and assumptions which have a significant impact on the carrying 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 significant risk of material adjustment during the next reporting period as a result of the judgements and assumptions applied to the financial statements.
10
Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid Foundation Report and Accounts for the period ended 31 March 2024
Notes to the Financial Statements
2. Principal Accounting Policies (continued)
Income
Income is recognised in the Statement of Financial Activities (SoFA) when:
-
the charity becomes entitled to the resources;
-
it is more likely than not that the trustees will receive the resources; and
-
the monetary value can be measured with sufficient reliability.
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
Grants and donations are only included in the SoFA when the general income recognition criteria are met.
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
Income from interest, royalties and dividends is included in the accounts when receipt is probable and the amount receivable can be measured reliably.
Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP) and are included as an item of other income in the SoFA.
Governance and support costs
Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. allocating property costs by floor areas, or per capita, staff costs by time spent and other costs 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 (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
11
Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid Foundation Report and Accounts for the period ended 31 March 2024
Notes to the Financial Statements
2. Principal Accounting Policies (continued)
Liabilities
Liabilities are recognised where it is more than likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts.
Taxation
No Corporation Tax is provided for as the company, being a charity, is exempt. Due 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 trustees' discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Volunteer help
The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report.
12
Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid Foundation Report and Accounts for the period ended 31 March 2024
Notes to the Financial Statements
3. Income
| Donations and legacies Gift aid Sponsorships Donations Other trading activities Income from investments Bank interest Total investment income Total income Total donations and legacies Fundraising Events and sales Income from market stalls Other sales of goods Total other trading activities |
Unrestricted Restricted Total Unrestricted Restricted Total Funds Funds Funds Funds Funds Funds 2024 2024 2024 2023 2023 2023 £ £ £ £ £ £ 2,594 - 2,594 3,020 - 3,020 - 23,559 23,559 375 21,153 21,528 1,050 - 1,050 10,522 - 10,522 |
|---|---|
| 3,644 23,559 27,203 13,917 21,153 35,070 1,794 - 1,794 1,209 - 1,209 - - - 1,194 - 1,194 13,006 - 13,006 9,206 - 9,206 |
|
| 14,800 - 14,800 11,609 - 11,609 |
|
| 291 - 291 40 - 40 |
|
| 291 - 291 40 - 40 |
|
| 18,735 23,559 42,294 25,566 21,153 46,719 |
13
Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid Foundation Report and Accounts for the period ended 31 March 2024
Notes to the Financial Statements continued
4. Expenditure
| Unrestricted Restricted | Unrestricted Restricted | Unrestricted Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2024 | 2024 | 2024 | 2023 | 2023 | 2023 | ||
| £ | £ | £ | £ | £ | £ | ||
| Raising funds | |||||||
| Fundraising events | - | 35 | 35 | - | 280 | 280 | |
| Total raising funds | - | 35 | 35 | - | 280 | 280 | |
| Charitable activities | |||||||
| Gnana Deepam - Children's | |||||||
| Education | - | 14,800 | 14,800 | - | 16,546 | 16,546 | |
| Gnana Deepam - Other support | - | 5,000 | 5,000 | - | 11,250 | 11,250 | |
| Nepal - School Lunches & Buses |
- | 6,500 | 6,500 | - | 8,000 | 8,000 | |
| IT & Website | 1,175 | - | 1,175 | 645 | - | 645 | |
| Insurance | 154 | - | 154 | 250 | - | 250 | |
| Bank charges | 270 | - | 270 | 404 | - | 404 | |
| Equipment leasing | - | - | - | 144 | - | 144 | |
| Office & professional | 3,037 | - | 3,037 | 1,950 | - | 1,950 | |
| Total charitable activities | 4,635 | 26,300 | 30,935 | 3,393 | 35,796 | 39,189 | |
| Total expenditure | 4,635 | 26,334 | 30,970 | 3,393 | 36,076 | 39,469 | |
| 5. Net movement in funds | |||||||
| 2024 | 2023 | ||||||
| £ | £ | ||||||
| Net movement in funds is stated | after charging: | ||||||
| Independent examiners fees | 1,200 | 1,200 |
6. Trustees and related parties
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity or a related entity during the year.
No trustee expenses have been incurred.
14
Docusign Envelope ID: FD3E297E-DDEC-45B1-908C-244642C30D23
Child-Link International Aid Foundation Report and Accounts for the period ended 31 March 2024
Notes to the Financial Statements continued
7. Debtors
| Trade debtors Prepayments and accrued income |
2024 2023 £ £ 244 290 4,288 3,030 |
|---|---|
| 4,532 3,320 |
All amounts are receivable within one year from the balance sheet date. All amounts comprise unrestricted funds
8. Creditors: Amounts falling due within one year
| Accruals and deferred income | 2024 2023 £ £ 5,334 16,250 |
|---|---|
| 5,334 16,250 |
All amounts comprise unrestricted funds
9 Funds of the charity
Movements in the funds of the charity comprise:
| Balance at 5 April 2022 Movement in funds Incoming resources Resources expended Transfers between funds Balance at 4 April 2023 Movement in funds Incoming resources Resources expended Transfers between funds Balance at 31 March 2024 |
Unrestricted Restricted Total Fund Fund Funds General Child Support £ £ £ 20,367 - 20,367 25,566 21,153 46,719 (3,393) (36,076) (39,469) (14,923) 14,923 - |
|---|---|
| 27,617 - 27,617 |
|
| 18,735 23,559 42,294 (4,635) (26,334) (30,970) (2,775) 2,775 - |
|
| 38,941 - 38,941 |
15