The Little Wings Foundation (a company limited by guarantee) Company number: 6897759 Charity Commission number:1138376
Report and Annual accounts 2024 01-01-2024/31-12-2024
TABLE OF CONTENT
| TABLE OF CONTENT | |
|---|---|
| Page | |
| Report of the trustees | 3 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the accounts | 10 |
Page 2 of 12
REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 DECEMBER 2024
The trustees are pleased to present their annual report for the year ending 31 December 2024 which are also prepared to meet the requirements of the Directors' report and annual accounts for Companies Act and Charity Commission purposes.
The annual accounts comply with the Charities Act 2012, the Companies Act 2006, the Memorandum and Articles of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities (Sorp 2019).
Letter from the trustees
We are pleased to present the Charity’s annual report and accounts for the year ending 31 December 2024.
Due to the ongoing war in Gaza, after careful consideration it was decided that no surgical missions could take place in 2024. The risks to our surgical team were too great to carry out any missions. We focused our efforts on fundraising and replacing the surgical equipment handed over to the European Gaza hospital at the end of 2023. Extensive discussions have been taking place on how we can best serve the huge numbers of child amputees in Gaza once a ceasefire is achieved.
We were able to help a child from Jordan with post-operative physiotherapy who had surgery in Dubai, funded by another charity. Physiotherapy was essential to maximize the outcomes of her extensive orthopaedic surgery.
The trustees have no incidents to report in 2024. We hope for peace in Gaza so we can return in 2025.
Seonaid Biagioni, Trustee Gillian Beale, Trustee Maher Roz, Trustee Haya Shahin, Trustee Marc Sinclair, Trustee
Page 3 of 12
Our purposes and activities
The purposes of the charity are:
1) The relief of sickness and the preservation and protection of good health of children under the age of 18 living in Asia, including the middle East, and Africa (the area of benefit) with limb deformities, acquired or congenital, by providing or assisting in the provision of medical treatment, equipment, facilities and services.
2) To advance the education of the public in all areas relating to limb deformities, thereby increasing the early detection of children's limb deformities.
3) To encourage, promote and facilitate clinical research relating to limb deformities in children within the area of benefit and to disseminate the useful results of any such research for the public benefit.
The vision that shapes our annual activities remains helping children with limb deformities, independent of race, religion or gender to overcome their physical limitations and contribute actively to their society.
Reference and administrative details
Company number 6897759 Charity Commission number 1138376 Registered office The Little Wings Foundation First Floor 10 Queen Street Place London EC4R 1BE United Kingdom Trustees (who are also the Directors) Seonaid Biagioni, Dr. Marc Sinclair, Maher Roz, Gillian Beale Trustees Haya Shahin
Structure, governance and management
The Little Wings Foundation is a company limited by guarantee incorporated May 6, 2009. The company is governed by its Memorandum and Articles of association dated April 25, 2009, last amended July 14, 2010. The liability of each member in the event of winding-up is limited to £ 10.
-
Membership is open to other individuals or organizations who: - apply to the charity in the form required by the Directors; and
-
are approved by the directors
The Little Wings Foundation was registered with the Charity Commission on 12 October 2010.
Appointment of Trustees (Directors)
As set out in the Articles of Association, the Charity may by ordinary resolution appoint a person who is willing to act to be a Director and determine the rotation in which any additional Directors are to retire.
No person other than a Director retiring by rotation may be appointed a Director at any general meeting unless he or she is recommended for re-election by the Directors or not less than fourteen nor more than thirty-five clear days before the date of the meeting, the charity is given notice that:
- is signed by a member entitled to vote at the meeting;
Page 4 of 12
-
states the member's intention to propose the appointment of a person as a Director;
-
contains the details that, if the person were to be appointed the charity would have to file at Companies
-
House; and
-
is signed by the person who is to be proposed to show his or her willingness to be appointed.
Reserves policy
At the end of 2020 we implemented a reserves policy.
Reserves are needed to bridge the gap between the spending and receiving of income and to cover unplanned or emergency expenditures. After the Charity Commission review they advised for a reserves policy to be put in place. The reserves policy requires for a minimum reserve of GBP 14,000.
At the end of 2024 the actual reserves are GBP 37,730.
Page 5 of 12
Trustees' responsibilities in relation to the annual accounts
The charity trustees (who are also the directors of The Little Wings Foundation for the purpose of company law) are responsible for preparing a trustees' annual report and annual accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law and the law applicable to charities in England and Wales requires the charity trustees to prepare annual accounts for each year which 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 for that period. In preparing the annual accounts, the trustees are required to:
select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent; state wheter applicable accounting standards have been followed, subject to any material departures disclosed and explained in the annual accounts; prepare the annual accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Seonaid Biagioni, Director & Trustee Dr. Marc Sinclair, Director & Trustee Maher Roz, Director & Trustee Gillian Beale, Director & Trustee Haya Shahin, Trustee
Page 6 of 12
STATEMENT OF FINANCIAL ACTIVITIES
| In GBP Note INCOME RESOURCES Income resources from generated funds Voluntary income Donations 4 Discounts/Refunds Given Total incoming resources RESOURCES EXPENDED Charitable activities Treatment 5.1 Governance costs 5.2 Other Income or Expenditures Exchange Loss 5.3 Inventory Write-Off 8 Debtors Write-Off 9 Creditors Reversal Total resources expended NET MOVEMENT IN FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds 2024 2023 62,111 13,424 0 0 62,111 13,424 12,366 21,342 9,187 2,867 367 537 2,461 266 (1,848) 22,799 24,746 2,616 (11,322) 35,114 46,436 37,730 35,114 |
Unrestricted funds 2024 2023 62,111 13,424 0 0 62,111 13,424 12,366 21,342 9,187 2,867 367 537 2,461 266 (1,848) 22,799 24,746 2,616 (11,322) 35,114 46,436 37,730 35,114 |
|---|---|---|
| 13,424 | ||
| 21,342 2,867 537 |
||
| 24,746 | ||
| (11,322) 46,436 |
||
| 35,114 |
Page 7 of 12
BALANCE SHEET In GBP Unrestricted funds
In GBP
| Note | 2024 | 2023 | |
|---|---|---|---|
| FIXED ASSETS | |||
| Tangible assets | 7 | 36,697 | 0 |
| Total fixed assets | 36,697 | 0 | |
| CURRENT ASSETS | |||
| Inventory | 8 | 0 | 2,461 |
| Debtors | 9 | 0 | 266 |
| Cash at bank and in hand | 10 | 37,730 | 35,114 |
| Total current assets | 37,730 | 37,841 | |
| LIABILITIES | |||
| Creditors: amounts falling due within one year | 0 | 1,848 | |
| Accrued expenses | 0 | 0 | |
| 0 | 1,848 | ||
| Net current assets | 37,730 | 35,993 | |
| NET ASSETS | 74,427 | 35,993 | |
| FUNDS OF THE CHARITY | |||
| Unrestricted funds, general | 37,730 | 35,993 | |
| Unrestricted funds, designated | 0 | 0 | |
| Total funds | 37,730 | 35,993 |
(a) For the year ended 31-12-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
(b) Members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006;
(c) The directors acknowledge their responsibility for:
i. ensuring the company keeps accounting records which comply with section 386 of the Companies Act 2006; and
ii. preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 396 of the Companies Act 2006, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as applicable to the company.
(d) The accounts have been prepared in accordance with the provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime.
(e) The accounts have been delivered in accordance with the provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime.
Signed by
___ Seonaid Biagioni (Sep 29, 2025 09:25:00 GMT+1) _____ Dr. Marc Sinclair (Sep 29, 2025 08:32:22 GMT+1) Seonaid Biagioni Dr. Marc Sinclair
___ ____ Gillian Beale (Sep 29, 2025 12:12:10 GMT+4) Maher Roz Gillian Beale
Approved by the members on September 27, 2025
Page 8 of 12
NOTES TO THE ACCOUNTS
Note 1 ORGANIZATION
The Little Wings Foundation is a company limited by guarantee governed by its Memorandum and Articles of Association dated 25 April 2009, last amended 14 July 2010.
The Little Wings Foundation is registered with the Charity Commission on 12 October 2010. The liability of each member in the event of winding-up is limited to £ 10.
The charity’s objectives are:
1) To provide, or facilitate the provision of, medical treatment for children with limb deformities (acquired or congenital), from birth to 18 years of age within Asia, including the Middle East, and Africa;
2) To raise awareness and advance the education of the general public in all areas relating to limb deformities;
- 3) To promote clinical research regarding limb deformities in Asia, including the Middle East, and Africa.
Note 2 PRESENTATION OF THE ANNUAL ACCOUNTS
The activities of the charity are concentrated in the MENA region. Since the foundation mainly operates from Dubai, United Arab Emirates, the transactions of the charity are mostly in United Arab Emirates Dirhams. However the annual accounts are presented in British Pounds (GBP) given the charity is registered in the United Kingdom.
Note 3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The annual accounts comply with the Charities Act 1993, the Companies Act 1985 en 2006, the Memorandum and Articles of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities (Sorp 2005).
The Charity maintains its accounts on the accrual basis of accounting. The annual accounts have been prepared under the historic cost convention.
Recognition of incoming resources
These are included in the Statement of Financial Activities (SoFA) when:
-
the charity becomes entitled to the resources;
-
the trustees are virtually certain they will receive the resources; and
-
the monetary value can be measured with sufficient reliability.
Foreign currency
Transactions in foreign currency are recorded using the current exchange rate on the date of the transaction.
Any remaining balance of foreign currency at balance date are adjusted to its amount at the current exchange rate on the fiscal year end date. The exchange rate gain or loss is recorded as results on foreign exchange rates.
Incoming resources with related expenditure
Where incoming resources have related expenditure (as with fundraising) the incoming resources and related expenditure are reported gross in the SoFA.
Donations
Donations are only included in the SoFA when the charity has unconditional entitlement to the resources.
Gifts in kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity.
Page 9 of 12
Note 3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.)
Donated services
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is estimated by the Trustees at the amount the charity would have been willing to pay on the open market.
Volunteer help
The value of any voluntary help received is not included in the annual accounts
Liability recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to make a payment to a third party.
Governance costs
All costs not identifiable with a single charity or fundraising activity; but indispensable to the conduct of such activities and to the charities existence. Include costs of the preparation and examination of statutory accounts and cost of any legal advice to trustees on governance or constitutional matters.
Fund accounting
Unrestricted funds are available to use to further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which have been set aside to fund particular future activities of the charity.
Tangible fixed assets
These are capitalised if they can be used for more than one year, and cost at least AED 10,000. They are capitalised at cost and are depreciated on a straight line basis over their estimated useful lives.
Inventory
Inventory consist primarily of medical supplies These inventories are recorded at the lower of cost or net realisable value.
Note 4 ANALYSIS OF INCOMING RESOURCES
In GBP
| 4 Voluntary income Donations, general Gifts in Kind, medical supplies Received discounts on medical invoices Donated services, surgeon fee Refunds given Total voluntary income |
2024 62,111 0 0 0 0 62,111 |
2023 13,424 0 0 0 0 |
|---|---|---|
| 13,424 |
An equivalent charge for gifts in kind is included in the expenses for treatment An equivalent charge for donated surgeon fees is included in the expenses for treatment.
Page 10 of 12
Note 5 ANALYSIS OF RESOURCES EXPENDED
In GBP
| 2024 5.1 Charitable activities Treatment Missions Surgeon fees 0 Medical supplies 2,892 Travel expenses 0 Total missions 2,892 Treatment of children Hospital expenses 0 Medical supplies 0 Surgeon fees 0 Travel expenses 0 Other 0 Total treatment of children 0 Depreciation costs medical equipment 9,474 Repair and maintenance medical equipment 0 Total treatment 12,366 5.2 Governance costs Office supplies 0 Printing & publications 0 Legal fees 8,422 Postage 0 Internet, telephone 0 Website 533 Travel expenses 0 Bank charges and other costs 233 Interest 0 Miscellaneous 0 Result on foreign exchange rates 0 Totalgovernance costs 9,187 5.3 Exchange Loss Due to cash held in multiple currencies and the conversion of those into GBP an 367 exchange gain is being recorded |
2023 0 13,519 7,823 |
|---|---|
| 21,342 | |
| 0 0 0 0 0 |
|
| 0 | |
| 0 0 |
|
| 21,342 | |
| 0 277 1,806 0 0 582 0 203 0 0 0 |
|
| 2,867 | |
| 537 |
Note 6 TRUSTEE EXPENSES
In GBP
In the period 2024 no trustee received reimbursement for out-of-pocket expenses
| 2024 | 2023 | ||
|---|---|---|---|
| Travel expenses general | 0 | 0 |
Page 11 of 12
Note 7 TANGIBLE FIXED ASSETS
| In GBP Costs As per January 1, 2024 Additions As per December 31, 2024 Depreciation As per January 1, 2024 Depreciation As per December 31, 2024 Net value As per January 1, 2024 As per December 31, 2024 The medical equipment has an estimate useful life of 5 years. The office equipment has an estimate useful life of 3 years. Note8INVENTORY In GBP Inventory medical supplies Inventory was obsolete and has been written-off in 2024. Note9ACCOUNTS RECEIVABLE In GBP Accounts receivable Accounts receivable has been written-off in 2024 Note10CASH AT BANK AND IN HAND In GBP Cash in hand Cash at bank, HSBC account Cash at bank, HSBC GBP account |
Medical Equipment 29,505 46,171 75,676 29,505 9,474 38,979 0 36,697 |
Office Equipment 750 0 750 750 0 750 0 0 2024 0 0 6,178 1,362 30,191 37,730 |
Total 30,255 46,171 |
|---|---|---|---|
| 76,426 | |||
| 30,255 9,474 |
|||
| 39,729 0 36,697 2023 2,461 266 2,480 6,295 26,339 |
|||
| 35,114 |
Page 12 of 12
Annual Report_2024_TLWF_FINAL
Final Audit Report
2025-09-29
Created: 2025-09-29 By: Maher Roz (maher.roz@gmail.com) Status: Signed Transaction ID: CBJCHBCAABAARZfs7C8HX6hpI_fQKPOoLX7ZBYJazpW2
"Annual Report_2024_TLWF_FINAL" History
Document created by Maher Roz (maher.roz@gmail.com)
2025-09-29 - 7:17:39 AM GMT- IP address: 94.201.98.124
- Document emailed to Maher Roz (maher.roz@gmail.com) for signature
2025-09-29 - 7:17:45 AM GMT
-
Document emailed to Seonaid Biagioni (seonaidb68@gmail.com) for signature 2025-09-29 - 7:17:45 AM GMT
-
Document emailed to Dr. Marc Sinclair (dr.marcsinclair@gmail.com) for signature 2025-09-29 - 7:17:46 AM GMT
-
Document emailed to Gillian Beale (gfcmuir@hotmail.com) for signature
2025-09-29 - 7:17:46 AM GMT
- Email viewed by Maher Roz (maher.roz@gmail.com)
2025-09-29 - 7:17:55 AM GMT- IP address: 66.249.93.101
Document e-signed by Maher Roz (maher.roz@gmail.com)
Signature Date: 2025-09-29 - 7:20:08 AM GMT - Time Source: server- IP address: 94.201.98.124
Email viewed by Seonaid Biagioni (seonaidb68@gmail.com)
2025-09-29 - 7:24:28 AM GMT- IP address: 66.249.93.99
- Email viewed by Dr. Marc Sinclair (dr.marcsinclair@gmail.com)
2025-09-29 - 7:31:46 AM GMT- IP address: 66.249.93.98
- Document e-signed by Dr. Marc Sinclair (dr.marcsinclair@gmail.com)
Signature Date: 2025-09-29 - 7:32:22 AM GMT - Time Source: server- IP address: 85.242.95.223
- Email viewed by Gillian Beale (gfcmuir@hotmail.com)
2025-09-29 - 8:10:38 AM GMT- IP address: 5.38.65.134
-
Document e-signed by Gillian Beale (gfcmuir@hotmail.com) Signature Date: 2025-09-29 - 8:12:10 AM GMT - Time Source: server- IP address: 5.38.65.134
-
Document e-signed by Seonaid Biagioni (seonaidb68@gmail.com) Signature Date: 2025-09-29 - 8:25:00 AM GMT - Time Source: server- IP address: 82.132.217.59
Agreement completed.
2025-09-29 - 8:25:00 AM GMT
The Little Wings Foundation (a company limited by guarantee) Company number: 6897759 Charity Commission number:1138376
Report and Annual accounts 2024 01-01-2024/31-12-2024
TABLE OF CONTENT
| TABLE OF CONTENT | |
|---|---|
| Page | |
| Report of the trustees | 3 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the accounts | 10 |
Page 2 of 12
REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 DECEMBER 2024
The trustees are pleased to present their annual report for the year ending 31 December 2024 which are also prepared to meet the requirements of the Directors' report and annual accounts for Companies Act and Charity Commission purposes.
The annual accounts comply with the Charities Act 2012, the Companies Act 2006, the Memorandum and Articles of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities (Sorp 2019).
Letter from the trustees
We are pleased to present the Charity’s annual report and accounts for the year ending 31 December 2024.
Due to the ongoing war in Gaza, after careful consideration it was decided that no surgical missions could take place in 2024. The risks to our surgical team were too great to carry out any missions. We focused our efforts on fundraising and replacing the surgical equipment handed over to the European Gaza hospital at the end of 2023. Extensive discussions have been taking place on how we can best serve the huge numbers of child amputees in Gaza once a ceasefire is achieved.
We were able to help a child from Jordan with post-operative physiotherapy who had surgery in Dubai, funded by another charity. Physiotherapy was essential to maximize the outcomes of her extensive orthopaedic surgery.
The trustees have no incidents to report in 2024. We hope for peace in Gaza so we can return in 2025.
Seonaid Biagioni, Trustee Gillian Beale, Trustee Maher Roz, Trustee Haya Shahin, Trustee Marc Sinclair, Trustee
Page 3 of 12
Our purposes and activities
The purposes of the charity are:
1) The relief of sickness and the preservation and protection of good health of children under the age of 18 living in Asia, including the middle East, and Africa (the area of benefit) with limb deformities, acquired or congenital, by providing or assisting in the provision of medical treatment, equipment, facilities and services.
2) To advance the education of the public in all areas relating to limb deformities, thereby increasing the early detection of children's limb deformities.
3) To encourage, promote and facilitate clinical research relating to limb deformities in children within the area of benefit and to disseminate the useful results of any such research for the public benefit.
The vision that shapes our annual activities remains helping children with limb deformities, independent of race, religion or gender to overcome their physical limitations and contribute actively to their society.
Reference and administrative details
Company number 6897759 Charity Commission number 1138376 Registered office The Little Wings Foundation First Floor 10 Queen Street Place London EC4R 1BE United Kingdom Trustees (who are also the Directors) Seonaid Biagioni, Dr. Marc Sinclair, Maher Roz, Gillian Beale Trustees Haya Shahin
Structure, governance and management
The Little Wings Foundation is a company limited by guarantee incorporated May 6, 2009. The company is governed by its Memorandum and Articles of association dated April 25, 2009, last amended July 14, 2010. The liability of each member in the event of winding-up is limited to £ 10.
-
Membership is open to other individuals or organizations who: - apply to the charity in the form required by the Directors; and
-
are approved by the directors
The Little Wings Foundation was registered with the Charity Commission on 12 October 2010.
Appointment of Trustees (Directors)
As set out in the Articles of Association, the Charity may by ordinary resolution appoint a person who is willing to act to be a Director and determine the rotation in which any additional Directors are to retire.
No person other than a Director retiring by rotation may be appointed a Director at any general meeting unless he or she is recommended for re-election by the Directors or not less than fourteen nor more than thirty-five clear days before the date of the meeting, the charity is given notice that:
- is signed by a member entitled to vote at the meeting;
Page 4 of 12
-
states the member's intention to propose the appointment of a person as a Director;
-
contains the details that, if the person were to be appointed the charity would have to file at Companies
-
House; and
-
is signed by the person who is to be proposed to show his or her willingness to be appointed.
Reserves policy
At the end of 2020 we implemented a reserves policy.
Reserves are needed to bridge the gap between the spending and receiving of income and to cover unplanned or emergency expenditures. After the Charity Commission review they advised for a reserves policy to be put in place. The reserves policy requires for a minimum reserve of GBP 14,000.
At the end of 2024 the actual reserves are GBP 37,730.
Page 5 of 12
Trustees' responsibilities in relation to the annual accounts
The charity trustees (who are also the directors of The Little Wings Foundation for the purpose of company law) are responsible for preparing a trustees' annual report and annual accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law and the law applicable to charities in England and Wales requires the charity trustees to prepare annual accounts for each year which 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 for that period. In preparing the annual accounts, the trustees are required to:
select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent; state wheter applicable accounting standards have been followed, subject to any material departures disclosed and explained in the annual accounts; prepare the annual accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Seonaid Biagioni, Director & Trustee Dr. Marc Sinclair, Director & Trustee Maher Roz, Director & Trustee Gillian Beale, Director & Trustee Haya Shahin, Trustee
Page 6 of 12
STATEMENT OF FINANCIAL ACTIVITIES
| In GBP Note INCOME RESOURCES Income resources from generated funds Voluntary income Donations 4 Discounts/Refunds Given Total incoming resources RESOURCES EXPENDED Charitable activities Treatment 5.1 Governance costs 5.2 Other Income or Expenditures Exchange Loss 5.3 Inventory Write-Off 8 Debtors Write-Off 9 Creditors Reversal Total resources expended NET MOVEMENT IN FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds 2024 2023 62,111 13,424 0 0 62,111 13,424 12,366 21,342 9,187 2,867 367 537 2,461 266 (1,848) 22,799 24,746 2,616 (11,322) 35,114 46,436 37,730 35,114 |
Unrestricted funds 2024 2023 62,111 13,424 0 0 62,111 13,424 12,366 21,342 9,187 2,867 367 537 2,461 266 (1,848) 22,799 24,746 2,616 (11,322) 35,114 46,436 37,730 35,114 |
|---|---|---|
| 13,424 | ||
| 21,342 2,867 537 |
||
| 24,746 | ||
| (11,322) 46,436 |
||
| 35,114 |
Page 7 of 12
BALANCE SHEET In GBP Unrestricted funds
In GBP
| Note | 2024 | 2023 | |
|---|---|---|---|
| FIXED ASSETS | |||
| Tangible assets | 7 | 36,697 | 0 |
| Total fixed assets | 36,697 | 0 | |
| CURRENT ASSETS | |||
| Inventory | 8 | 0 | 2,461 |
| Debtors | 9 | 0 | 266 |
| Cash at bank and in hand | 10 | 37,730 | 35,114 |
| Total current assets | 37,730 | 37,841 | |
| LIABILITIES | |||
| Creditors: amounts falling due within one year | 0 | 1,848 | |
| Accrued expenses | 0 | 0 | |
| 0 | 1,848 | ||
| Net current assets | 37,730 | 35,993 | |
| NET ASSETS | 74,427 | 35,993 | |
| FUNDS OF THE CHARITY | |||
| Unrestricted funds, general | 37,730 | 35,993 | |
| Unrestricted funds, designated | 0 | 0 | |
| Total funds | 37,730 | 35,993 |
(a) For the year ended 31-12-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
(b) Members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006;
(c) The directors acknowledge their responsibility for:
i. ensuring the company keeps accounting records which comply with section 386 of the Companies Act 2006; and
ii. preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 396 of the Companies Act 2006, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as applicable to the company.
(d) The accounts have been prepared in accordance with the provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime.
(e) The accounts have been delivered in accordance with the provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime.
Signed by
___ Seonaid Biagioni (Sep 29, 2025 09:25:00 GMT+1) _____ Dr. Marc Sinclair (Sep 29, 2025 08:32:22 GMT+1) Seonaid Biagioni Dr. Marc Sinclair
___ ____ Gillian Beale (Sep 29, 2025 12:12:10 GMT+4) Maher Roz Gillian Beale
Approved by the members on September 27, 2025
Page 8 of 12
NOTES TO THE ACCOUNTS
Note 1 ORGANIZATION
The Little Wings Foundation is a company limited by guarantee governed by its Memorandum and Articles of Association dated 25 April 2009, last amended 14 July 2010.
The Little Wings Foundation is registered with the Charity Commission on 12 October 2010. The liability of each member in the event of winding-up is limited to £ 10.
The charity’s objectives are:
1) To provide, or facilitate the provision of, medical treatment for children with limb deformities (acquired or congenital), from birth to 18 years of age within Asia, including the Middle East, and Africa;
2) To raise awareness and advance the education of the general public in all areas relating to limb deformities;
- 3) To promote clinical research regarding limb deformities in Asia, including the Middle East, and Africa.
Note 2 PRESENTATION OF THE ANNUAL ACCOUNTS
The activities of the charity are concentrated in the MENA region. Since the foundation mainly operates from Dubai, United Arab Emirates, the transactions of the charity are mostly in United Arab Emirates Dirhams. However the annual accounts are presented in British Pounds (GBP) given the charity is registered in the United Kingdom.
Note 3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The annual accounts comply with the Charities Act 1993, the Companies Act 1985 en 2006, the Memorandum and Articles of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities (Sorp 2005).
The Charity maintains its accounts on the accrual basis of accounting. The annual accounts have been prepared under the historic cost convention.
Recognition of incoming resources
These are included in the Statement of Financial Activities (SoFA) when:
-
the charity becomes entitled to the resources;
-
the trustees are virtually certain they will receive the resources; and
-
the monetary value can be measured with sufficient reliability.
Foreign currency
Transactions in foreign currency are recorded using the current exchange rate on the date of the transaction.
Any remaining balance of foreign currency at balance date are adjusted to its amount at the current exchange rate on the fiscal year end date. The exchange rate gain or loss is recorded as results on foreign exchange rates.
Incoming resources with related expenditure
Where incoming resources have related expenditure (as with fundraising) the incoming resources and related expenditure are reported gross in the SoFA.
Donations
Donations are only included in the SoFA when the charity has unconditional entitlement to the resources.
Gifts in kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity.
Page 9 of 12
Note 3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.)
Donated services
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is estimated by the Trustees at the amount the charity would have been willing to pay on the open market.
Volunteer help
The value of any voluntary help received is not included in the annual accounts
Liability recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to make a payment to a third party.
Governance costs
All costs not identifiable with a single charity or fundraising activity; but indispensable to the conduct of such activities and to the charities existence. Include costs of the preparation and examination of statutory accounts and cost of any legal advice to trustees on governance or constitutional matters.
Fund accounting
Unrestricted funds are available to use to further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which have been set aside to fund particular future activities of the charity.
Tangible fixed assets
These are capitalised if they can be used for more than one year, and cost at least AED 10,000. They are capitalised at cost and are depreciated on a straight line basis over their estimated useful lives.
Inventory
Inventory consist primarily of medical supplies These inventories are recorded at the lower of cost or net realisable value.
Note 4 ANALYSIS OF INCOMING RESOURCES
In GBP
| 4 Voluntary income Donations, general Gifts in Kind, medical supplies Received discounts on medical invoices Donated services, surgeon fee Refunds given Total voluntary income |
2024 62,111 0 0 0 0 62,111 |
2023 13,424 0 0 0 0 |
|---|---|---|
| 13,424 |
An equivalent charge for gifts in kind is included in the expenses for treatment An equivalent charge for donated surgeon fees is included in the expenses for treatment.
Page 10 of 12
Note 5 ANALYSIS OF RESOURCES EXPENDED
In GBP
| 2024 5.1 Charitable activities Treatment Missions Surgeon fees 0 Medical supplies 2,892 Travel expenses 0 Total missions 2,892 Treatment of children Hospital expenses 0 Medical supplies 0 Surgeon fees 0 Travel expenses 0 Other 0 Total treatment of children 0 Depreciation costs medical equipment 9,474 Repair and maintenance medical equipment 0 Total treatment 12,366 5.2 Governance costs Office supplies 0 Printing & publications 0 Legal fees 8,422 Postage 0 Internet, telephone 0 Website 533 Travel expenses 0 Bank charges and other costs 233 Interest 0 Miscellaneous 0 Result on foreign exchange rates 0 Totalgovernance costs 9,187 5.3 Exchange Loss Due to cash held in multiple currencies and the conversion of those into GBP an 367 exchange gain is being recorded |
2023 0 13,519 7,823 |
|---|---|
| 21,342 | |
| 0 0 0 0 0 |
|
| 0 | |
| 0 0 |
|
| 21,342 | |
| 0 277 1,806 0 0 582 0 203 0 0 0 |
|
| 2,867 | |
| 537 |
Note 6 TRUSTEE EXPENSES
In GBP
In the period 2024 no trustee received reimbursement for out-of-pocket expenses
| 2024 | 2023 | ||
|---|---|---|---|
| Travel expenses general | 0 | 0 |
Page 11 of 12
Note 7 TANGIBLE FIXED ASSETS
| In GBP Costs As per January 1, 2024 Additions As per December 31, 2024 Depreciation As per January 1, 2024 Depreciation As per December 31, 2024 Net value As per January 1, 2024 As per December 31, 2024 The medical equipment has an estimate useful life of 5 years. The office equipment has an estimate useful life of 3 years. Note8INVENTORY In GBP Inventory medical supplies Inventory was obsolete and has been written-off in 2024. Note9ACCOUNTS RECEIVABLE In GBP Accounts receivable Accounts receivable has been written-off in 2024 Note10CASH AT BANK AND IN HAND In GBP Cash in hand Cash at bank, HSBC account Cash at bank, HSBC GBP account |
Medical Equipment 29,505 46,171 75,676 29,505 9,474 38,979 0 36,697 |
Office Equipment 750 0 750 750 0 750 0 0 2024 0 0 6,178 1,362 30,191 37,730 |
Total 30,255 46,171 |
|---|---|---|---|
| 76,426 | |||
| 30,255 9,474 |
|||
| 39,729 0 36,697 2023 2,461 266 2,480 6,295 26,339 |
|||
| 35,114 |
Page 12 of 12
Annual Report_2024_TLWF_FINAL
Final Audit Report
2025-09-29
Created: 2025-09-29 By: Maher Roz (maher.roz@gmail.com) Status: Signed Transaction ID: CBJCHBCAABAARZfs7C8HX6hpI_fQKPOoLX7ZBYJazpW2
"Annual Report_2024_TLWF_FINAL" History
Document created by Maher Roz (maher.roz@gmail.com)
2025-09-29 - 7:17:39 AM GMT- IP address: 94.201.98.124
- Document emailed to Maher Roz (maher.roz@gmail.com) for signature
2025-09-29 - 7:17:45 AM GMT
-
Document emailed to Seonaid Biagioni (seonaidb68@gmail.com) for signature 2025-09-29 - 7:17:45 AM GMT
-
Document emailed to Dr. Marc Sinclair (dr.marcsinclair@gmail.com) for signature 2025-09-29 - 7:17:46 AM GMT
-
Document emailed to Gillian Beale (gfcmuir@hotmail.com) for signature
2025-09-29 - 7:17:46 AM GMT
- Email viewed by Maher Roz (maher.roz@gmail.com)
2025-09-29 - 7:17:55 AM GMT- IP address: 66.249.93.101
Document e-signed by Maher Roz (maher.roz@gmail.com)
Signature Date: 2025-09-29 - 7:20:08 AM GMT - Time Source: server- IP address: 94.201.98.124
Email viewed by Seonaid Biagioni (seonaidb68@gmail.com)
2025-09-29 - 7:24:28 AM GMT- IP address: 66.249.93.99
- Email viewed by Dr. Marc Sinclair (dr.marcsinclair@gmail.com)
2025-09-29 - 7:31:46 AM GMT- IP address: 66.249.93.98
- Document e-signed by Dr. Marc Sinclair (dr.marcsinclair@gmail.com)
Signature Date: 2025-09-29 - 7:32:22 AM GMT - Time Source: server- IP address: 85.242.95.223
- Email viewed by Gillian Beale (gfcmuir@hotmail.com)
2025-09-29 - 8:10:38 AM GMT- IP address: 5.38.65.134
-
Document e-signed by Gillian Beale (gfcmuir@hotmail.com) Signature Date: 2025-09-29 - 8:12:10 AM GMT - Time Source: server- IP address: 5.38.65.134
-
Document e-signed by Seonaid Biagioni (seonaidb68@gmail.com) Signature Date: 2025-09-29 - 8:25:00 AM GMT - Time Source: server- IP address: 82.132.217.59
Agreement completed.
2025-09-29 - 8:25:00 AM GMT
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examinerfs Report Reporttothe trusteesldirectorsl members of The Little Wings Foundatlon On accounts for the year ended December 31st 2024 Charity n¢x= 1138376 Company no.: 6897759 Set out on pages 7-8 I report to the chartty trustees on my examination of the accounts of the Company for the year end 3V 12 12024. Responsibilities and basis of report As the charity's trustees of the Company (who are also the directors of the company 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 (he 2006 Acr,). Having satisfied rnyself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2Q5 Act and are eligible for independent exarnination. 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 Acf). In carying 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 I have completed my examination. I confimi that no material matters have come to my attention which gives me cause to believe that.. I have no COnrnS 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 urKlerstanding of the accounts to be reached, IER October 2018
Signed: Date: Name: Relevant professional qualification{s) or body (If any): PrLQ¢¥ Address: He 3 bu2AI Section B Disi losure Only cornplete rfthe examiner needs to highlight material matters of conrn {see CC32. Independent exarnination of charty accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to dlsclose. IER October 2018