REGRED COMPANY NtJMBEk. 7853033 REGISTERED CHARfTY NUMBEIL. 1145234 REP IAL STATE FTHETR STEE NTS FOR THE Y AUDITED DED 30 APRIL 202 FROM BABIES wrrH OMPA.NY L VE FoufiDATI
M BABI LOVE ATI CONT'T OF THE FtNANCL4L STATE E IIAR END D30AP 2to6 Independent Examine¢s Report Ststement of Financial Activitie5 Balance Sheet 10 Ncrtes to the Financial Statements Ilto15
FROM BAB sw VEFO ON REPORT TUE TRUSTE AR END The ttustees who are also dir)rS of th¢ charity for th¢ of the C(xnpanies Act 2(MlS. present their report wfftth the financial statements of th¢ chaTity for the year ended 30 April 2022. The twstee5 have adoptsl the provisions of A¢wuntin8 and Reporting by Cb2rÈties.' Ststement of ReCOended Practice appli¢able lo charities prepwin8 their acwjnts in accordanc£ with the Financial RepKKting Standgrd applicable in lh¢ UK and Republic of Iretand (FRS 102) (effective l January 2019). Obje¢liYes and Governiu8 iDstruB)ellt objerts The From Babies with Love FcMJndatiort was eStablEsh in 2011 and re8lsttr as a clwity OR 29 Dernber 2011. At incorpor&ton the fotlowing was adopted." Th¢ prevention and lef of Povthy, 8rtMll the Worf by providing gtants. items and services to babies alld ¢hil¢fren in need and tharities, OE (rther opaanisations working to Prevent and Telieve FM)vetTy forbabies and childr¢n in need. About the From Babies with IATrVt Foyndation The From Babies with Ime FIX10 believes that evuy baby shId have a f8ir start in lif4 no matter where they ort born. Its mission is to fund the c4re ofwhaned and abdc babies and thildren arcmmd the world. we are We are a charity and (w work is nrA f(K profit. We are affiIlaI to any politi¢81 paty or religious organisation. Our Trustees are appointed as lndivt¢tLI& 17w bring a brrd range of exwis¢ to work Wb#t Ive do To fiEIfiI our mission our ¢h4Titable d)jts ar¢ ky prevent atid ]Eliwe poverty. &rrMmd the [1d, by pViding wts, Items and s¢rri¢e5 to babies and children in need and to c1]ariti ff (ther organisation4 w<xking to pr¢vent alid rdieve povety for babtes and thildren in need. How we are fund TheFrom Babies with Lov¢FoundatÉ*Th isfithdjby d(11 priticipally from its IIMP/• OwntrdEn8SUbsldi8ry From Babies with kne Trading Ltd. Public bellrt In shHptns T objectives planning activitie5 for the y¢4r, the Trustees have given consideration to the duties set cwjt in Section 17(5) of the Cbartties Act 2011 to have due regtrd to public benefit th panicular, the TruseS have considered how the planned aaivities will CKArtrÉl)the to the ovfxall aams and cjIlve$ that they have set. The Trusteesbelieye that the paragraphs ¥bov4 and those in the secti(m'AchiLwementand Performancd, convey detail the benefits that the Charity providey to the wblic.
FROM BABIE ATI REPOR RTHE OFTKETR, R ENDE TEES Overview of the year In response to es¢alatin8 and new ¢onfiict4 thIng theyear From Babie5 wÈth Love began supporting ehililren in Af8hanist8D Ukyaine. During the year From Babies with Love Suppted 26.562 children (2021.. 26.758). The thildren were support] thrm8b grants to ttvo ¢hwÉty partner& SOS Cbild'S VIllttg¢s (regisiered charity number 1069204} and Stred Child (registered charity Dumber 1128536). Our pport is ddivered ID several forms. includin8 ppLt to individual cbildren. to nursettes. schools and traching prwdmme% and Child Friendly Spaces with social Sup and eJJucation for UnMpanied aTrd refugee children, mony of whom have experiell1 htghly traumatic situations. impact ¢Otitributes to matty of the ifN's Sustsipable DeYelq)ment (knls ('SDGs'). Tn particular I-NO Povety, 2- Zero Hunger. 3 - G(KyJ Health & Wellbein& 4-"Quality Education and 5- Gender Equality. The UN states that SDG4, obtaining a qUlty education. is the flOn of creating Wainable devdoprnent. Working wtth our charity parth¢rs we fLmd &kncation pro8ramme3 alon&side th¢ KIal. family-b care that vulnerdble children need to go on to independent adult lives, btt&kill8 the cyde ofpovuty. AcrivrrIES Key grattts Erty years edufation fmly homes round the wortd With SOS Children'5 Villages ourfimding supported 21.332 thildrell ar(xthd the world. From Babies with Love supports nursery schools ill SOS ChildJEn's Villam so all tixldi¢¥s can access eatIy years ethJ¢ation. From Babies with Love s0 Sponwrs individual children to grow up with an SOS paren( in loving family homes. Eath family home has a li7n8 sp&e. a kitchen, two bathrixKns. bedr(this with bunkbeds for ab(MA ten childreD. a porch and garden. The children are loved and cared for by an SOS parenL and they become brothers and 5is¢ers. fonnillg a new family uuit. The village nursery 001S eacb care for arijund g) t(Mldlers' Commonly ther¢ are 3 groups of ar(Kd 30 chilthEtt" two nannies and 2n assistant we giver for each wp. Thi5 allows the children to be8in their eaAy years leamin& & Hda¢tal roundation for ongoing educati1. Breaking out ofrnodern slavery ID Nepal One of the most mLa[seI communities in the wodd, Newlese Musahar gir15 are born ill to b0ndedIabr- a fomi of m(Klern slavery - and many wffer gertderased violellce. Most are mleA] by the ag¢ of 10 and have 2 to 5 babtes by the age of15. The literaey T4te i5 just 3.8Y. (Nepalese avern8e 77.5V(). tkning th¢yearFrom Babi¢s with Lrn supported 450 8irl4 al their babies in Street Child's Br¢wking the Bonds proirfL fimding an (derated learning programme to achieve b&si¢ literacy and numeracy skill4 &s well as life skills pri)tecEion ¢ileS fac¢litsd by s(Kial W0erS. This pro8ramme Contributes to SDG5. Gender EqualTty. SDG4, Edu10E as wdl as SDGS 1, 2. 3 and 10. lanportantly. an edu¢ated moÉher is more likely to send her children to sehiyil. so this proi#t changes the life thances of both the gtrls and th¢irbabie& dbling impact and creatingloDg terni clmnge. tAKkdown had adisprotx)rti(mat¢ impact on themusahar community, meaning gtt]s were at high tisk of dropping out of lucatIon. However. as pan of the Breaking ihe Bonds proje¢ Stred Child'5 Rapid ResponK DÈstance Teathing and Learning Prowm¢ 84v¢ girls the opp(ytiity to learn. They conducted le55onsvia mobile phte and audio devicts. Thi$ ollowed MusabgrgiT15 to continue learning writing and mathemati¢s despite the restr1tht(s. E41uutlon for South4udnese refugee ehildrtn This was our f(th year of support to S¢xth Sudanese rthgee chtldm in Uganth UgHftda 15 host to the fBste5t growing refvgee crisis iti the worfd with ovet 1.4 million p¢opl¢. of which over 62•/0 are children IUNHCR 2020). Palabek is one of the newest refuge¢ settlements in the nortb of UgandK hlroe to mi*¢ than 50.IXK) reth8e¢s. There is huge pressure on the ucatIon system, the erage class size is 184 cIll1dT. In 2018 we were part of a consortiwn led by Stret Child to build Y4 new primary 9¢h( for 1.773 thi[dre as well as providtng Child Friend]y Spaces for HfterschcM)I pro8tammes at the srhools. Our continueAI 5UPPOrt has included constyuLXion of a sch(KA kitche a fd garden and fiJttdin8 social worker5 to help pmvide holistic care.
M BABIE VEFO REPORT F THE TRUSTEES FOR THE I'EAR ENDED 30 A Strttt conlleettd children in LI114 In Liberi&we support 60 ofthe most vUlnable children. enablingthem aCct0 asafehomeand quality education. Liberia i50ne ofthet¢n CLxmtries thatwill notachteve utiiversal primary th¢[1 until atlettst 21(M) (UMCEF 2018). 2/Th of children are of xhwl. support Covered school f¢e5 aod yjpplies. as well as pSyChs<tal support services provided by train& local Sla1 works. F(Y children that have been cxrt of for over a year, we provided catch up classes nurneracy and liieraey. To ensure that caregiveE5 can keep the children in sch(x)I, our support also prOded business skills training and start-up grants $0 th they c8ta generate income and prevent the Children haying to work. Led by Street Chil(L the project a]so establishe5 Child Welfare Committees within Communities, to identify xnd r¢sr4)Dd to child abuse withill their CA)mmunitiesattd to rnODitorthililrai's wellbein8 and sch[ attendan¢e. CAre cduttiott conAirt From Babies with Love's funding foruna¢mp4Died ¢hildrffl wlKe liva4 have been dixupttyj by c4)tffli¢t ¢ontinued.. In Nigeri: Borno State in Nig¢ri4 has been &8nificandy irnpacted by the c(KfflicÈ with Boko Haram and bard-Freach n]ral area ¢ri3is affected thildren do n(rt have &c¢ess to sch(x>l& A Ion8-teEm loss of learning for &n ¢ntire genctiOn of ¢hilthEn risks a rever541 of decades of advanc¢ment agai the SDGS - with stgnificant e¢onomic and social impacts. We gupported I,CQO thildren in Stre£t Child's pion¢erin8 Last Mile 1£8rning pro8tzmme. whi¢h a]lows djildren a safe and stable routine th#t offers IMlIate psychological pr¢£t]0 and preVts disengaganent or dropout. The schedute includes a series of activÉties that 18 to familiar fwidational arithmdic and reading approaches that (x]r teachers use with ourclll"Idren. Inttta¢tive resources are cp]eAl with recordry1lnstnt1OD and delsveredthr(MJgb solar audio recorders. SMS support is providd for caregiver4 to wwise and l¢arnin8. ID the Democrntie Rtpublic of Congo (DRC) In the DRC. where education has been decimated by years of ¢onflic( scb(MA is n(x an option f(Y thousands of children. In Sixtth KI T[S froÈn theBatwaethllic grThtp aE]d Children with disabilities s]fferthemost from educational exclusion. Exceptionally rura]. the high plateau in South Kiyu is one of the most imrK)verisheJl parts of CaeM Congo. Without help. the p[eS( most vulnerable children risk b¢ing sthck a never-ending cycle of illiteracy and poverty. A iotsl lack of services means that children even with minor mobility or vigJal impainnetts ate excluded from schcKA. Our support to Street Child's work in DRC fU%5¢d on children wffith mild-modernt¢ disabilities that can b¢ 4ddressed with assistive devices @lasses. htarins aid& crutches). non-wmplex conedive sueIe3 and phy5iotherapy. Su¢h treathients and health care SUPPXL along with inryclass suppxt from tea18s14nt mean these chiltr¢n can accLss srh(K)i forth¢first tim¢. Afghaniytan Streth Child and I[ partners are th¢ only rwised eduClin actors in the state of Uru74an, Afsbanistan. where only 2(P/o of boys are in educati{ and 2/0 of 8iTls ID urban area4 nEEJI areas. Our SUPPOTL aEongside support provided by UMCEF, is enabling Street Child to dramatK¢Ally change these strtiSti empowering children frorn the of 6. many of whom are interna]ly dtsplaced. In hard-tsFFeacb at¢&8 and confiÉct zon4 d8sses are established in community buildings. Given ihe extreme odttjral sell5itivitie4 workor5 enc(w attendance 4nd increA5e awareness of the importattce of educ8ti(ML with 8n emphasis on girls- Mla1 Worke are a vital part of the m(Mld. Our support helped establish safe aod seoJTE community learning Spa strengthen teacher ¢apactty and fimd th¢ Social V40rker$tocreatepathway5to wStainabletraTJsticffl into st*e educationfor 2.5(X) ¢IMl¢t-atTe£ted and displa¢ed children. IN Ukraine Millions of children Jr¢ affectd by the war. chtldren livÈng ill residential in5titiJiiott4 WIthrt parentai ca unaccompanied Bnd separated ¢hIldre at ¢hildren pith disabiliti¢& are p3rti(xarfy Arnpa(knd. We contributed to emergency ¢are for childr¢n arrivtn8 in the western ctty ofLvTrv. such &8 a Mother& Baby Centre, established &nd run by SOS Children s Villages. In iyjr parerShiP with Street ChÈld we supp(Ktry] m Uktainian NGOS." Ridni. who run spa5 for 307 children to f1 saf4 p14y and Te1ve psycholo8Écai SUPpt. These children receive 'fatry ta]e therapy,. which u$4$ Stories to WLYk thrwsb traum4 with aaiviti¢s Such as Musi play. art and crafts,. Proliskn who have establishd and run child fvÉendly sS in Zakarpatti4 to provide respite for cbildren who have wRthessed the ho)rS of war in mig18 across the wunty. Additionally. th¢y are providing psychosocia] support ill Kharkiv, Bakhmut and Toretsk. Given that th¢s¢ latter Tegions are cunpntiy at high wher¢ appropriate, the Prolisk• team also f(Ku5 on evaciwiion of children with their caregivers to safer re8t(w.
FROM BIES DATI REPORT OF THE TR FOR DE TEES O APRIL FINAI¥CIAL REVIEW FiTranti41 ty)sition The total net incoming rexceS for the year am(xmtoJ £89.022 (2021: £73.44D and (Axtgoin8S to £82,058 (2021.. £72.481). RÈ4tryCs poliey The From Babies with Lov¢ Foundation's r£serves is the westricted rese¢ levd at the balance sheet da shi)uld normally be equal to the ¥e of shar&8 investeAI in the wbsidiary compAny From Babies with tA)ve Trading Ltd plusanominai value to¢ovantiCip1tr1e%pend1tt from tyuestrided funds forthe following yeat. Unrestrtcted re%¢Tves at the end of 2022 fdl within the trrms of the policy. The Fr(Yn Babi¢s with Love F(XdatiOn rwkse6 that it may b¢ appropriate ts) allow the reserve to fluctuate &s a rewlt of sh(Yt tern] casb ittfiows and wtt]ows. Risk Revlew Th¢ TAceS have conducted theirown revxew of the m8ior iisk5 to which the ¢lwity is ex5 and systems have been establÉshed to manage those risks. Internal risk5 are minimised by the tmplemen1ation of pr{dUreS for authorisati(m of ¥]1 transactions attd projeths and to ensure eon5iStent quality of de]iYery fff all operational pects of the charitable comp4tty. These peth¢S aTe per1(xtilIY reviewed lo ensure thAt th¢y stÈll meet the needs of the ¢harity. Status The organisation 15 a charitable CLYnpany limited by 8UarnDtrf in0yrK 18 November 2011 and rewstered as 4 charity on 29 December 2011. The c(AmPY wasastablÈshryJ under amernorandwn of Associatiofy whi¢h esthblished the objectives and powtrs of the chatitable cnmp8Dy #nd is gOve[n under its Articles of Asso¢i4tion. The Members have gu8rnnteed to cOntribe a m&Yimum of £5 each in the event of the wmpany bein8 w(xJnd up. Organisationai structur¢ Th¢ thaTity is by the B¢Ard compEisin8 the TAtee5 vkn ddegate the day to day nmning to &ilia Crossley.
M BABIE FO ON FTHET AREN USTEE FOR THE REFERENCE AND ADMINtSTRATIVE DETAILS Registered CompaDy nvmber 7853033 Reglytered Cb*Tity nttmber 1145234 Registered Oire IO Lon8croft Avenue AL5 2QZ Trnstee5 C Cros51ey Mt D CroSeY ' H Field (app(Xllt1 12 Decemb¢r 2022) Mr M Kdly Mr Vh'¢ate (re5i8Aed 6 Auwt 2ff21) Mr N Thomas MrAZia lttdtpeDdent ex#mitier P J Thkcker FCA DChA Clwiot House Limited Chartered knwuntanis 44 Grand Parnde Brighton Fast Sussex BN2 9QA BxDkeYs Santand B¢)otle L30 4GB
OM BAB VE AT[ REPORT OF THE TRU R THE YEAR END ES D 30 APRIL 022. STATEMENf OF TRUSTEES, RPONSIBILEs The truste¢s (who are atso the dtorS of From Babie5 with Love FndatIon for the purposes of company law) a responsible for preparing the Rew)rt of the TnteeS and the financial statements in accordance with applicable law and United Kingdojn Aco)UMin8 Standards (Unitrd Kingdom GenerAEly Accept Ac(xyJnting Practice). Company law wuires the tpjstett to prepare financial statements fr each financial year which give a true and fair view of the stat¢ of affairs ofthe charitable company and of th¢ inwmin8 res(xwcu and application of resource& indudingthe income and exttndibJr4 of the charitable company for that 1(1. In preparing those financial stat¢ments. the trustees aFe required to 8ele¢t gjitable accounting policies aud then apply them consistently. d)serv¢ the meth(K15 and principles in the Charity SORP. make judgements and estimates that are rewjable and pdenl preparethe financial statunents on thesoin8WL<l unless it i$inapprq)ri4t¢to prestrne thatthe charAt¥ble Company slill Continue business. The thtytee8 are responsible for keepin8 propu acc{x]ng records whith disdose with reasonable accuraey at any time the finanrial position of the chatitsble coMlY and to enable them to ensure that the financial statements comply with the Companies 2006. They aTr atso re4xxksible fw safeguarding the &55ets of the chwitable cunpany and hence for t8kin8 reasonabl¢ steps forth¢ prevention and d&ettI of fraud 8nd othu itr¢8ularities. Approved by orderof the board (f trtsstffs 19 Jattuary 2023 signed on its beIlf by: Mrs C Cro&dty
INDEPEND NT EXAmER. OM BABIES WITH REPORT TO THE TRUSTKE NDAT Independefjt examiuer's report to the trusteej oCFrom Babies Tyith ltht Foundation ('the Company.) I report to th¢ charity trustees on my examinwion of the a¢wuDts of the Company forthe yeAr eThded 30 April 2022. Rtsponsibllities a)Td b#srJ of report As the chutity's tntstees of the Cornpany {aThl also its direct(3 for the purposts of company law) y(¥J are responsible for the preparation of the in Iwith the rtyjuirements of the Companies Act 2(K)6 Cthe 26 ACV). Having satisfied myself that the ac¢(xuts of th¢ Company are not rwiral to b¢ audited under Part 16 of the 2006 Act d are eli¥ibl¢ for indeident exaniinatioo I retth in rw of my examination of Y ch8rtty's accounts as ¢arried out under section 145 of the Charities Act 2011 fthe 2011 ACV). In carrying out my examination I have followed the Dirxtions given by the Charity commissi( und¢r SEt 145(5) (b) of the 2011 Act. 1tsdepemdet examiller'y5 slateme#t Ihave WMplet my examtti41i(. Iccth thatnomtershavecTrnett)my attthi1 in cornh10n withth¢¢xamInE0n givtng me cause to believe.. a¢ciyJnting rwords were kepi in respect of the C4)mpany as rwuiTed by Secti 386 of the 2(X)6 A¢L" or the accounts do accord with those r4th. the aGc(wnts do nol comply with the awNmtin8 reJ4Utrements of sethi(Yt 396 of the 2(K)6 A¢t other than ony rffjuÉremeni that the ac£Thts give a true and fairvi¢wwhich is tK)t a matttt nSid&-ed as part of an independent exaTt]ination.' or the ath1nts have not been preparfd in ace(Ydance with the Meth8 and principles of the Statement of Recomrnended PEice foraccouniing attd rep)rting by charities {applicable to djarities ppar[ng their accounts in acc(Ydance with the Fin8D¢iai eEn8 Standatd applicable in the UK and Republie of Ireland (FRS 102)J. have no ¢oncerns attd have come across no other matters in CO[eCti with th¢ examination to which attemion should be drawn In this rep(At ill order to enable a proptrunderstamding of the ac¢(Kmts tobe reached 4IL/f P J Thacker FCA DChA Chariot Htyjse Limited Chartered Acc(tants 44 Gralld Parade Brighton East Suss BN2 9QA Date.. 19 January 2023
OMB S WITH ATI STATEMEfff OF FINANCIAL AcTIVlEs PORA TIN AYL Ef4D EAR ENDED 30 AP 2022 2022 2021 Unrastrictal Unrestrict&J funds funds INCOME AND ENDOWMENTS FROM Donations Interest inrotne 89,(13 19 73,428 19 89.022 73.447 EXPENDrruRE ON ritsble #ctivities 81058 72.481 NET INCOMEI(KXPENDrruRE) 966 RECONCILL4TION OF FUNDS Totsl fitnds bn)ugbt TorwArd 94.244 93.278 TOTAL FUNDS CARRIED FORWARD 101208 COTINuING OPERATIONS All incKJme a#d extendiDl has afisen friL ¢ontinuing *ivitie8. The part of thts¢ financial swements
M BABIE ATI GI R: 7853033 BA ANCE SHE AT 30 APRIL 2022 2022 2021 Unrestricted Unrestyirt fund$ funds FIXED ATs Investments 90,(M)O CURREiYf ASSETS Debtor5 Cash at bynk 590 11.832 CREDITORS Amounts fatling du¢ within one year (624) (1,2) NET CURRENT ASSETS TOTAL ASSETS LE CURRENT LIABILITIES 101.208 94.244 NET ASSETS 101 io Unrestricted funds.. Gener fimd 101208 TOTAL FUNDS The ¢h4ritsble comp2ny is emid¢d to exemption frcrfn audtt under Wi(yn 477 of the Companie5 Act 2( for the year ended 30 April 2021. The memb$ have not rryluired the mpatty to (tjtain an kudit of its financial ststem¢nts for the year ended 30 April 2021. in accordance Section 476 of the Companies Act 2(Kl6. The trustees acknovAed8e their respon5ibilitits f( (a) ensuring that the chatitable compauy keeps ¢(mtIng rKwds that cKxnply with Se¢bons 386 And 387 of the Companies Act 20( and prepatin8 financial statements wbi¢h give a true and fairview of the stste of affai of the charitrble company as at the end of each financi ye&[ and of its surplus or deficit for e4¢h financi year in accoThlance with the requir¢ments of Sections 394 and 395 and whÉ£h otherwise comply TrvÈth the rg4uirements of the Companies A¢t 2006 relating to financial statementy so far as applicable ts) th¢ cbaritsble company. (b) These financi StateMet have been preparal in a¢cordance with the special provisions of Part 15 of thecompanies Act 2(M)6 relatins to charitabl¢ small companies. The financial ststements w¢te approved by the Board of Tnjstees on 19 Januw 2023 and were 5i8ned on its behalf by.. O.KQ4 MTS C Cros51ey The note5 fum of th&se financial statemffits io
FROM
BIES W
UNDATI
NOTES TO THE
FOR THE
ANCL4L STATEM
END
AccouKfiNG POIICtES
ACCOUtIng basis and staDdan
The fintll¢ial semts of the clwitsble company. which is 4 wblic benefii entity under FRS 102. have been
prepared in accordance Th7th the Charities SORP (FRS 102) 'Ac(wnting and Reporting by Charitie5'. Ststement
of RecoEnmended PtAetir¢ applicable to charitie5 preparing therr accounts in accordattce with the Financiat
Rwing Standardapplicabl¢ in the UK and Republic of and (FRS 102) (effective l January 2019),, FinaclaI
Reporting Standard 102 Financial Reporting Stsndard applicable in the UK and Republic of Ir¢land' and the
Companies kn 26. The financial Swrnents have been preparoj ullderthe hisÉthTc41 cost conver]tion.
At tb¢ time of approving the finaticial statem¢nK the trustees have a re4$able expthtion that the cljwity has
adequate resources to continue in
UNDATI NOTE FOR TH O THE FINA EARE 022 DONATIONS 2022 2021 2022 2021 GTants to Charities Bank charges Independeni Examination F 81.420 71.820 61 600 636 NET INCOMEI(EXPENDITURE) Nd income/(exdIkn) is stated aft Charg1{¢redtillg).. 2022 2021 Indyndent ExaqTrinePs fe¢ 636 TRUSThES' REMUNERATION ANP BENEFrrs Durtng the year, no Tntee received any r•nu1Krati benefits (22].. 11) nor w¥¢ any reimbursed for any expenses. (2021.. WII). 12
OM BABIE UNDATI NOTES T THE FINAN L4L STATE D30AP 022 . & PRIOR YEAR COMPARATIVES FOR THE STATEMENT OF FINANCIALACmqTIES U]Trrestricted Funds INCOME AND ENDOWMENIS FROM Donations Intereyi income 73,428 19 Total 73,447 EXPENDTTURE ON Cbari*ble •<tivities Totsl 72.481 NET INCOMEI(EXPENDITURE) RECONCIUATIOPI OF FUNDS Totsl hrtd$ brought forwrd 93.278 TOTAL FUNDS CARRIED FORWARD 2022 2021 Cost at the beginning of the period Reall$ and vnrealised gains l Oosses) Cost at 30 Apiil 2022 90,( The mthet vatue at 30 April 2022 comprises £g),¢XMI hdd in Frrjm Babies With Im¢ Tradin8 IAd. From Babies with Love Trading Ltd is a wbsidiary COpanY {reftrnrte 12). DEBTORS: AMOUNTS FAIIJNG IIUE wrrHIN ONE YEAR 2022 2021 Rent deposit attd (#her debt8 590 2022 2021 Accn]als 624 13
wrrn UNDATION NOTES T THE FINAIiCL4L STA EME DED 30 RIL 2022 -co Net movement in funds At 115r21 At 30104122 UDrestricted fvnds GeDeral fvnd 91.244 101.208 TOTAL FUNDS 101208 Net m¢)vemort in fimds induded in the above are as follows: tnwming Resources Movement in expended fuods Unrestrieted funds Generat fimd 89.ff22 (82.058) 6.964 TOTAL FUNDS ComprtiYu for movement in flltsds Net movement in funds At 115f20 30104121 UDrutrieted FwNIs General fund 93278 TOTAL FUNDS clparative movement ID fund4 induded in the above are as fdlows.. vApended fi¥nds Unrestrie¢ed funds 73.447 (72,481) TOTAL FUNDS 11. REIATED PARTY DISCWSURES There We DQ Telated pwty tTrDsxtlth (2021.. 14
OM BABIE ON NOTES T R TH HE FTh ANCIAL STATE.ME AR ENDE 30 APRIL 20 NUED 12. SUBSIDIARY COMPANY 2022 2021 Ordinw £1 Shares in wbsidiary oxllpany Frorn Babies with IA)ve Trading Ltd (c4xnpany number. 079CW9 ¥nd registered office the same &8 From Babies ith Love FoLmdatiw} is wholly owttd by tbe From Bkbies with Love F(Kmdation and is registered in England And WaEes. As * 30 April 2022 th¢ tnvestment in Ft(th Babies With kne TTrdillg Ltd w&8 £.{Kl. The principal a¢¢ivity of the thidiary is to sdl gifts the ((raising fimd$ fly the par¢nt charity. ProfEts mth by th¢ subsidiary are ttansferred by Gift Aidto the pamt (knity. A summary of th¢ results of Fmm Babies with Loy¢ TTrdin8 Ltd 15 5bow below. Full acaxmts will be filed with the Resistrar clComp4ni¢s. CLKwlidated ac4rAurts are not rry4uired as the Charity is a small charity. 2022 2021 ProfAt & IA) C¢OUllt Turnover Total exp¢nditure Net Profrt 581.867 501107 79.760 71,725 8J)35 355.137 285.177 69960 70,110 (150) Gift Aid payable to the Frixn Babies with tA)ve F(ndati Retined profrf for the pd Balance Sheet Nel assets 131J29 123294 15