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2025-12-31-accounts

Company registration number: 06689965 Charity registration number: 1137047

DEKI LIMITED TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 OCTOBER 2024 TO 31 DECEMBER 2025

Deki empowers communities to be resilient to poverty and the effects of climate change

Deki Limited Contents

Page
Trustees' Report 1—9
Independent Examiner's Report 10
Statement of Financial Activities (including Income and Expenditure Account) 11
Comparative Statement of Financial Activities (including Income and Expenditure Account) 12
Balance Sheet 13
Notes to the Financial Statements 14—20
The following pages do not form part of the statutory accounts:
Detailed Statement of Financial Activities (including Income and Expenditure Account) 21—22

Deki Limited Company No. 06689965 Trustees' Report For the Period 1 October 2024 to 31 December 2025

A LETTER FROM THE FOUNDER & CEO

2025 has been a year of learning and growth, as we began implementing our three-year strategy and laying the foundations for long-term, community-led change.

Over the year, we have strengthened the alignment between programme delivery and how we measure and evidence impact. This has improved our understanding of what is working, where we are learning, and how to strengthen our approach.

This year, we demonstrate how our work contributes to the United Nations Sustainable Development Goals (SDGs), placing Deki’s impact within a wider global context. It also highlights opportunities to work more holistically across our programmes in Togo, ensuring that interventions reinforce one another and deliver more sustainable outcomes.

Our work is grounded in the leadership of local communities and delivered by our team in Togo. I would like to recognise the leadership of Christian Kadangah, whose work continues to strengthen delivery, learning, and locally led development.

We are equally grateful to our donors and partners. Their continued support and trust enable us to invest in approaches that prioritise long-term resilience over short-term outputs.

Looking ahead to 2026, our focus will be on bringing our programmes together under a single, replicable model for building resilience to poverty and climate change. This model will be piloted during the year, with the aim of strengthening impact, sustainability, and the potential for scale.

During this period, we have also extended our financial year from October 2025 to December 2025 to align future reporting with the calendar year. As a result, these accounts cover a 15-month period.

With gratitude,

Vashti Seth Founder and CEO

Page 1

Deki Limited Trustees, Report (continued) For the Period l October 2024 to 31 December 2025 WHAT WE DO WOMEN EMPOWERMENT We empower women to become leaders arKI role models in their communltie& Through training resource4 and OPPDrtuniti8S, VI8 build their confidence and resilience, placing them at the heart of our efforts to drlv8 soclal. 8nvlronmentol. and economlc progr8SS. SUSTAINABLE AGRICULTURE By promoting organic fafming technique4 w8 h8lp smallholder farmars incroaso yi81d4 improve soil heolt and r8duc8 8nvlronm8ntal d8gradatlon. Th8S8 practlc85 play a crucial role in t)uiklin9 resilienco again8t climate chang8 imFXJCts. ETHICAL MICROFINANCE We provid8 small loans and financial training to Women Empowerment Collectives and Farming Cooporative* 8nabllng th8m to start or grow busSn8SS84 Improve Ih/8llhoods, and strangthen families. resilience to Poverty. SAFE WATER We rohabllltate boreholes to Improv8 access to saf8 WCrt8r ond provide w(rter, sanitation and health (WASH) training. This ensure$ communities have the necessary r8sourc8s to thrlv8 and reduc8s th8 rlsks ossockrted wlth VKJterbom8 disease8. L8 CARBON REDUCTION Through Inltlatlv8s such as blochor productlon arKI Improved cookstove4 we reduce carbon 8mi88ions and defore8tatio helplng communities mftigats and adapt to the challenges posed by clim(rte change. Page 2

Deki Limited Trustees' Report (continued) For the Period 1 October 2024 to 31 December 2025

Page 3

Deki Limited Trustees, Report (continued) For the Period l October 2024 to 31 December 2025 2025 HEADLINE NUMBERS 81.000 P•opl• r•)w hav•txcMIIo F• wohr In Tog9. D•¢•nkn•r 2025 Hows sav•d coll•¢rf 8. 2224 1861 rn•mb•rnvffthrmk4 000 276 137 A¢llv• Coll•ctlv•s 2048 1293 Enyw•rmontCollKWv•s Govemance 12% Q500.000 distribthd in mivoloons 80% of whorn gr• wom•n Fundraising 13% How D•kl'• fund* ur• sp•nt For every £1 Dgki raises 75p goa8 on programme dellvery 13p on fundraising 12p on govemance Programmg Dglivgry 75% Page 4

Deki Limited Trustees' Report (continued) For the Period 1 October 2024 to 31 December 2025

Case Study - Djangomé Community

Before partnering with Deki, families in Djangomé faced a combination of challenges that limited their ability to improve their livelihoods. Farming was constrained by a lack of financial resources, resulting in small plots and low yields. At the same time, women spent hours walking long distances to collect water from unsafe sources, while cooking on traditional three-stone fires exposed families to smoke-related illness and required large amounts of firewood.

Deki’s approach has been to address these challenges together - combining access to microfinance, safe water, improved cookstoves, and community-based training.

“Before, we didn’t have the money to farm the way we wanted… Now we can farm larger areas, grow more crops, and earn a better income after selling our produce.”

Access to loans has enabled families to invest in seeds, inputs, and skilled labour, allowing them to cultivate larger areas of land and increase yields and income. Reliable access to safe drinking water, through the rehabilitation of a community borehole, has improved health and reduced the time and energy spent collecting water. Improved cookstoves have reduced firewood use, lowered household costs, and improved respiratory health, while also saving time that can be redirected into farming and other productive activities.

“Since we have had access to these services… our lives have been transformed. Today, our voices count when decisions are made.”

Alongside these practical changes, women’s participation in mothers’ clubs and cooperatives has strengthened their role within the community, increasing confidence, leadership, and involvement in decision-making.

Together, these changes show how Deki’s holistic model strengthens income, health, and leadership at the same time - enabling communities to move beyond short-term improvements and build long-term resilience to poverty and climate change.

Page 5

Deki Limited Trustees' Report (continued) For the Period 1 October 2024 to 31 December 2025

Financial Review

Financial Position

Deki recorded a surplus of £112,592 on unrestricted funds in the past 15-month accounting period. Free reserves at year-end were £200,299.

The Board of Trustees aims to maintain unrestricted reserves equivalent to three months' expenditure. Based on 2024-25 spending of £229,373 this target equates to a minimum unrestricted cash reserve of £30,000.

Reserves Policy

The Board of Trustees has determined that the target level of unrestricted reserves of the charity should be equivalent to not less than three months' expenditure. This would provide sufficient funds to cover management, administration, and support costs in the event of an unexpected reduction in donations. Based upon spending of £229,373 on such costs in 2024-25, we aim to have unrestricted cash reserves of at least £30,000.

Restricted funds

Deki has £30,056 restricted for lending (2024 £57,664). These funds are managed by Deki and relent once repaid by the Deki entrepreneurs. These funds will not be withdrawn or spent. The funds may reduce due to fluctuations in exchange rates when loans are repaid. This may also be reduced on non-repayment of loans by beneficiaries.

Additionally, restricted funds support our Safe Water Project in Togo.

Additional notes

Remuneration Policy

Deki ensures staff are fairly paid to attract and retain talent necessary to achieve its charitable objectives. As per the Charities SORP 2015 (FRS 102), the Companies Act 2006, and the Charities Act 2011, Deki discloses the following:

The remuneration policy aims to provide incentives for enhanced performance while remaining sensitive to external benchmarks. No staff member earned more than £60,000 in the past year.

Interns are fairly compensated, with all employees earning at least the living wage.

Sub-Committees and Advisory Groups

Deki has three committees and advisory groups: the Audit, Finance and Risk Committee, the International Programmes Advisory Group, and the Business Development Advisory Group. Each group operates under terms of reference set by the Board and meets approximately every 12 weeks.

Management Structure

The Trustees employ a salaried Chief Executive to manage the organisation and implement strategic objectives. The Chief Executive oversees the Programmes and Partnership Manager and Business Development Manager.

Page 6

Deki Limited Trustees' Report (continued) For the Period 1 October 2024 to 31 December 2025

Structure, Governance and Management

Governing Document

Deki was incorporated on 5 September 2008 as a company limited by guarantee, previously operating as a community interest company (CIC). In July 2010, recognising that Deki's activities aligned better with charitable objectives, the directors decided to transition from a CIC to a company limited by guarantee. On 23 July 2010, the company successfully obtained registered charity status.

The company is governed by its memorandum and articles of association dated 5 September 2008, as amended on 1 February 2010. The charity extended it's reporting date from 30 September 2025 to 31 December 2025. These financial statements are for a 15 month long period of account.

The charity is overseen by a Board of Trustees, comprising five members as of 30 September 2023.

The Trustees meet quarterly to oversee the charity's strategic direction and policies, contributing their time voluntarily without receiving benefits.

Day-to-day operations are delegated to a part-time staff team, including the Chief Executive Officer, Programmes and Partnership Manager, Business Development and Project Manager.

Trustee Selection Methods

The Trustees strive to maintain a broad mix of skills across the Board. If a skills gap is identified, new Trustees are recruited via the Deki website and other relevant networks. Recruitment follows a formal process, requiring applicants to submit a CV and cover letter. Shortlisted candidates are invited for an interview.

Prospective Trustees are invited to attend a Board meeting as observers before their trusteeship is confirmed. They are provided with the charity’s memorandum and articles of association, the most recent accounts, and the Charity Commission publication CC3 – The Essential Trustee.

Additonal notes

Risk Management

Deki’s Trustees acknowledge their overall responsibility for the efficient operation of the charity and their duty to review risks to which the charity is exposed, implementing effective risk management procedures. Risk management is integrated into the charity’s trustee reporting framework and is regularly discussed during Board meetings.

The Trustees have complied with their legal duty under the Charities Act 2011 to have due regard to the Public Benefit guidance published by the Charity Commission.

Safeguarding and Whistleblowing

We are committed to protecting all children and adults from all forms of abuse, expecting everyone in our organisation to share this commitment. Two references are requested for every staff and volunteer member, and we reserve the right to request a Disclosure and Barring Service (DBS) check where appropriate.

We have a dedicated Risk and Safeguarding Trustee, and safeguarding officers in both the UK and Togo, who review our safeguarding policies annually.

Deki promotes a culture of honesty and integrity. Team members are encouraged to report suspected wrongdoing promptly, ensuring confidentiality and protection from reprisals. Clear guidance is provided for raising concerns in good faith.

We prioritise safeguarding in all communities where Deki operates. Posters with reporting numbers and clear instructions are displayed, and our Lomé-based safeguarding team monitors all calls and texts, providing necessary support.

Annual safeguarding training is mandatory for all Togolese staff, contractors, and external partners to ensure they contribute to community safety.

The safeguarding officer visits communities regularly, fostering trust, encouraging beneficiaries to express concerns openly, with reassurance that all reports will be treated seriously and without fear of reprisals.

Page 7

Deki Limited Trustees' Report (continued) For the Period 1 October 2024 to 31 December 2025

Reference and Administrative Details

Trustees

R Carter (Chair appointed 29/04/2025) S G Rimmer (Treasurer) M A Burchfield (appointed 13/01/2025) E Marin-Yanez M M Nino-Zarazua S Cooper (resigned 25/07/2025) S Van Den Bruel (resigned 25/10/2025)

Charity Number

1137047

Company Number

06689965

Registered Office

40 Berkely Square 40 Berkeley Square Bristol BS8 1HP

Independent Examiner

Dick Maule FCA The Cross House South Woodchester GL5 5EL

Page 8

Deki Limited Trustees' Report (continued) For the Period 1 October 2024 to 31 December 2025

Statement of Trustees' Responsibilities

The trustees (who are also the directors of Deki Limited for the purposes of company law) are responsible for preparing the Trustees' 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 the trustees must not approve the financial statement 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 period. In preparing the financial statements the trustees are required to:

The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charitable company and to enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The trustees' report was approved by the board of trustees and signed on its behalf by:

S G Rimmer Trustee 08/07/2026

Page 9

Deki Limited Independent Examiner's Report to the Trustees of Deki Limited For the Period 1 October 2024 to 31 December 2025

I report to the charity trustees on my examination of the accounts of the Company for the period ended 31 December 2025.

Responsibilities and Basis of Report

As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent Examiner's Statement

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Emphasis of matter

As explained in notes to the accounts, the trustees have made note of their concerns respectively about going concern and the future of the activities of the charity, and the nature of the partner organisation that provides micro credit in Togo.

I have no other 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.

Dick Maule FCA

Date:

Dick Maule FCA The Cross House South Woodchester GL5 5EL

Page 10

Deki Limited

Statement of Financial Activities (including Income and Expenditure Account) For the Period 1 October 2024 to 31 December 2025

Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities:
Community Development Projects
Investments
4
EXPENDITURE ON:
Raising funds
6
Charitable activities:
6
Community Development Projects
NET INCOME
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
16		 Unrestricted
funds
£
331,850
9,907
208
Restricted
funds
£

2,500

89,003

-		 31
December
2025
Total funds
£

334,350

98,910
208		 30
September
2024
Total funds
£

369,452

133,005
234
341,965
91,503
433,468
502,691
(63,153 )
(166,220 )
(174)

(181,465 )		 (63,327 )

(347,685 )		 (44,485 )

(366,365 )
(229,373 )
(181,639 )
(410,012 )
(410,850 )
112,592
(90,136 )
22,465
91,841
50,214
150,235
(27,609 )

57,664
22,465

207,899
91,841

116,058
200,299
30,056
230,355
207,899

The notes on pages 14 to 19 form part of these financial statements.

Page 11

Deki Limited

Comparative Statement of Financial Activities (including Income and Expenditure Account) For the Period 1 October 2024 to 31 December 2025

Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities:
Community Development Project
Investments
4
EXPENDITURE ON:
Raising funds
6
Charitable activities:
6
Community Development Project
NET INCOME
Transfers between funds
16
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
16
The notes on pages 14 to 19 form part of these financial statements.		 Unrestricted
funds
£
345,482
14,246
234
Restricted
funds
£

23,970

118,759

-		 2024
Total funds
£

369,452

133,005
234
359,962
142,729
502,691
(44,484 )
(226,361 )
(1 )

(140,004 )
(44,485 )

(366,365 )
(270,845 )
(140,005 )
(410,850 )
89,117
1,150
2,724

(1,150 )
91,841

-
90,267
59,968
1,574

56,090
91,841

116,058
150,235
57,664
207,899

Page 12

Deki Limited Balance Sheet As At 31 December 2025

Notes
FIXED ASSETS
Tangible Assets
11
CURRENT ASSETS
Debtors
12
Cash at bank and in hand
Creditors: Amounts Falling Due Within One Year
13
NET CURRENT ASSETS (LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITIES
Creditors: Amounts Falling Due After More Than
One Year
14
NET ASSETS
FUNDS OF THE CHARITY
Restricted Funds
Unrestricted Funds
TOTAL FUNDS
16		 Unrestricted
funds
£
1,821
Restricted
funds
£

-		 31
December
2025
Total funds
£
1,821		 30
September
2024
Total funds
£
-
1,821
377,005
60,954
-

-

30,055
1,821
377,005

91,009
-
238,341
111,842
437,959
(239,480 )
30,055

-
468,014

(239,480 )
350,183

(125,517 )
198,479
30,055
228,534
224,666
200,300
30,055
230,355
224,666
-
-
-
(16,767 )
200,300
30,055
230,355
207,899
30,055
200,300
57,664

150,235
230,355
207,899

For the period ending 31 December 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

S G Rimmer Trustee 08/07/2026

The notes on pages 14 to 19 form part of these financial statements.

Page 13

Deki Limited Notes to the Financial Statements For the Period 1 October 2024 to 31 December 2025

1. General Information

Deki Limited is a company limited by guarantee, incorporated in England & Wales, registered number 06689965 and registered charity number 1137047 . The registered office is 40 Berkely Square 40 Berkeley Square, Bristol, BS8 1HP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The charitable company is a Public Benefit Entity as defined by FRS 102.

2.2. Going Concern Disclosure

The Trustees have adopted the going concern basis for the reasons outlined in the Trustees Report and as within the notes to the accounts.

2.3. Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose.

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

2.4. Incoming Resources

Income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable.

Revenue grants are credited to the Statement of Financial Activities when received or receivable whichever is earlier, unless they relate to a specific future period, in which case they are deferred.

2.5. Resources Expended

Expenditure is recognised in the period in which it is incurred. Expenditure includes attributable VAT which cannot be recovered.

Expenditure is allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on the basis of resource usage.

Raising funds include those costs associated with fundraising, including events.

Charitable activities expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It

includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs relate to the statutory and regulatory costs of running the charity, such as the statutory accounts and board expenses. Governance costs are included within support costs.

2.6. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery 3 years straight line Computer Equipment 3 years straight line

3 years straight line

Page 14

Deki Limited Notes to the Financial Statements (continued) For the Period 1 October 2024 to 31 December 2025

2.7. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.8. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating surplus.

3. Income from Donations and Legacies

Donations and gifts
Gift aid
Donations and gifts
Gift aid
4. Investment Income
Bank interest receivable
5. Net Income/(Expenditure)
The net income is stated after charging/(crediting):
Bad debts
Depreciation of tangible fixed assets - owned		 Unrestricted
funds
£
322,703
9,147
Restricted
funds
£

2,500

-		 31
December
2025
Total
funds
£

325,203
9,147
331,850
2,500
334,350
Unrestricted
funds
£
342,664
2,818
Restricted
funds
£

23,970

-		 30
September
2024
Total
funds
£

366,634
2,818
345,482
23,970
369,452
31
December
2025
Unrestricted
funds
£
208		 30
September
2024
Unrestricted
funds
£

234

Page 15

Deki Limited Notes to the Financial Statements (continued) For the Period 1 October 2024 to 31 December 2025

6. Analysis of Expenditure

Raising funds
Community Development Projects
Raising funds
Community Development Projects
. Support Costs
Employee costs
General administration
Depreciation
Interest payable		 Activities
undertaken
directly
£
4,062
347,110		 Support
costs
(see note7)
£

59,265

575		 31
December
2025
Total
£

63,327

347,685
351,172
59,840
411,012
Activities
undertaken
directly
£
-
365,840		 Support
costs
(see note7)
£
44,485

525		 30
September
2024
Total
£
44,485

366,365
365,840
45,010
410,850
Raising
funds
£
48,748
9,422
295
800		 Community
Development
Project
£
-
575
-
-		 31
December
2025

Total
£
48,748

9,997
295
800
59,265 575
59,840

7. Support Costs

Page 16

Deki Limited Notes to the Financial Statements (continued) For the Period 1 October 2024 to 31 December 2025

Employee costs
General administration		 Raising
funds
£
37,212
7,273		 Community
Development
Projects
£

-

525		 30
September
2024

Total
£
37,212

7,798
44,485
525
45,010

8. Independent Examiner's Remuneration

8. Independent Examiner's Remuneration
Independent examination of the financial statements
9. Staff Costs
Staff costs were as follows:
Wages and salaries
Social security costs		 31
December
2025
£
575
31
December
2025
£
144,930
2,994
147,924		 30
September
2024
£
525
30
September
2024
£
109,040
2,208
111,248

9. Staff Costs

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

10. Average Number of Employees

Average number of employees during the period was: 3 (2024: 3)

11. Tangible Assets

Cost
As at 1 October 2024
Additions
As at 31 December 2025
Depreciation
As at 1 October 2024
Provided during the period
As at 31 December 2025		 Plant &
Machinery
£
39,073
2,116
41,189
39,073
295
39,368
...CONTINUED

Page 17

Deki Limited Notes to the Financial Statements (continued) For the Period 1 October 2024 to 31 December 2025

Net Book Value

As at 31 December 2025
As at 1 October 2024
2. Debtors
Due within one year
Other debtors
3. Creditors: Amounts Falling Due Within One Year
Trade creditors
Bank loans and overdrafts
Other creditors
Taxation and social security
Accruals and deferred income
4. Creditors: Amounts Falling Due After More Than One Year
Bank loans
5. Loans
n analysis of the maturity of loans is given below:
Amounts falling due within one year or on demand:
Bank loans
Amounts falling due between one and five years:
Bank loans		 1,821
-
31
December
2025
30
September
2024
£
£
377,005
238,341
31
December
2025
30
September
2024
£
£
444
8,233
15,660
3,000
-
3,600
1,743
2,384
221,635
108,300
239,480
125,517
31
December
2025
30
September
2024
£
£
-
16,767
31 December
2025
30 September
2024
£
£
15,660
3,000
31 December
2025
30 September
2024
£
£
-
16,767		 1,821
-
31
December
2025
30
September
2024
£
£
377,005
238,341
31
December
2025
30
September
2024
£
£
444
8,233
15,660
3,000
-
3,600
1,743
2,384
221,635
108,300
239,480
125,517
31
December
2025
30
September
2024
£
£
-
16,767
31 December
2025
30 September
2024
£
£
15,660
3,000
31 December
2025
30 September
2024
£
£
-
16,767		 1,821
-
30
September
2024
£
238,341
30
September
2024
£
8,233
3,000
3,600
2,384
108,300
125,517
30
September
2024
£
16,767
30 September
2024
£
16,767

12. Debtors

13. Creditors: Amounts Falling Due Within One Year

14. Creditors: Amounts Falling Due After More Than One Year

15. Loans

An analysis of the maturity of loans is given below:

Page 18

Deki Limited

Notes to the Financial Statements (continued) For the Period 1 October 2024 to 31 December 2025

16. Movement in Funds

Unrestricted funds
General:
General unrestricted fund
Designated:
Designated
Total unrestricted funds
Restricted funds
Microfinance Donations
Clean Water Project
Total restricted funds
Total funds
Unrestricted funds
General:
General unrestricted fund
Restricted funds
Microfinance Donations
Clean Water Project
Total restricted funds
Total funds		 As at 1
October
2024
£
150,235
-		 Income
£

317,365
24,600		 Expenditure
£

(229,373 )
-		 Gains and
losses
£

(37,928 )
(24,600 )		 As at 31
December
2025
£

200,299
-
150,235
341,965
(229,223 )
(62,528 )
200,449
56,992
672
2,500

89,003
(92,480)

(89,159)
63,044

(516)
30,056
-
57,664
91,503
(181,639 )
62,528
30,055
207,899
433,468
(410,863 )
-		 230,355
As at 1
October
2023
£
59,968
56,090
-		 Income
£

359,962

23,970
118,759		 Expenditure
£

(270,845 )

(23,068)
(116,937)		 Transfers
£

1,150

-

(1,150)		 As at 30
September
2024
£

150,235
56,992

672
56,090
142,729
(140,005 )
(1,150 )
57,664
116,058
502,691
(410,850 )
-		 207,899

17. Related Party Disclosures

No trustee received remuneration or claimed expenses in the current or prior year and no expenses were waived.

18. Controlling Parties

The Trustees as a body are the controlling party of the entity.

Page 19

Deki Limited Notes to the Financial Statements (continued) For the Period 1 October 2024 to 31 December 2025

19. Additional notes

Going Concern

The Trustees have prepared these accounts on a going concern basis. The unrestricted funds of the charity at 30 September 2024 were in surplus by £200,299 (2024: £15,235) which is alignment with our reserves policy. Expenditure is budgeted carefully in line with available funding. Therefore the trustees consider it appropriate to continue to adopt the going concern basis in preparing these financial statements. For further details please refer to the Trustees Report.

Key sources of estimation uncertainty

Estimation uncertainty exists in respect of the recoverable amount of the charity’s microfinance loan portfolio. In determining whether impairment is required, the trustees consider factors such as the contractual terms of the underlying loan agreements, historic rates of loan default in the territory and applicable local macroeconomic factors that could impact the ability to recover amounts advanced. On this basis, the trustees have considered it prudent to provide for defaults of 5% of the loan capital held in the field.

Page 20

Deki Limited Detailed Statement of Financial Activities (including Income and Expenditure Account) For the Period 1 October 2024 to 31 December 2025

INCOME AND ENDOWMENTS FROM:
Donations and legacies
Donations from lenders
Trusts and foundations
Other grants and donations
Gift aid
Charitable Activities:
Community Development Projects
Income from contracts for the supply of services CO2 balance
Investments
Bank interest receivable
EXPENDITURE ON:
Raising funds
Support and administration costs
Miscellaneous
Wages and salaries
Marketing costs
Sundry expenses
Other fundraising costs
Depreciation
Bank charges
Bank loan interest
Charitable Activities:
Community Development Projects
Projects
Wages and salaries
Employers NI
Staff training costs
Travel and subsistence expenses
Accountancy
Rent costs
Computer software, IT consumables and maintenance
Support and administration costs
Provision for loan defaults
Miscellaneous		 31
December
2025
Total funds
£
1,920
243,456
79,827
9,147		 30
September
2024
Total funds
£

1,705

275,349

89,580

2,818

369,452

133,005

133,005

234

234

502,691

-

-

(37,212)

(5,769)
1

(1,505)
-
-
-

(44,485)

(256,045)

(70,149)

(2,208)
(1,679)

(7,909)

(6,089)

(9,962)

(2,442)
(1,244)
(902)
(1,548)
...CONTINUED
334,350
98,910
98,910
208
208
433,468
(2,938)
(1,124)
(48,748)
(4,166)
-
(5,256)
(295)
(185)
(615)
(63,327)
(211,053)
(95,598)
(2,994)
(584)
(9,451)
(7,366)
(14,476)
(2,001)
-
-
-

Page 21

Deki Limited

Detailed Statement of Financial Activities (including Income and Expenditure Account) (continued) For the Period 1 October 2024 to 31 December 2025

Foreign exchange loss
Independent examiner's fees
NET INCOME		 (3,587)
(575)
(5,663)
(525)
(347,685)
(366,365)
(411,012)
(410,850)
22,456 91,841

Page 22