REG￿RED 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 ReCO￿ended 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 D￿ernber 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 FIX￿￿10￿ believes that evuy baby sh￿Id have a f8ir start in lif4 no matter where they ort born. Its mission is to fund the c4re ofwhaned and ab￿d￿c￿ 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¢tL￿I& 17w bring a brr￿d range of exwis¢ to work Wb#t Ive do To fiEIfiI our mission our ¢h4Titable d)j￿ts ar¢ ky prevent atid ]Eliwe poverty. &rrMmd the ￿￿[1d, by p￿Viding wts, Items and s¢rri¢e5 to babies and children in need and to c1]ariti￿ ff (ther organisation4 wl& A Ion8-teEm loss of learning for &n ¢ntire genc￿tiOn 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 IM￿￿lIate psychological pr￿¢£t]0￿ and preV￿ts 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 c￿p]eAl with recordry1lnstn￿t1OD 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 Ca￿eM 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 f￿U%5¢d on children wffith mild-modernt¢ disabilities that can b¢ 4ddressed with assistive devices @lasses. htarins aid& crutches). non-wmplex conedive su￿e￿Ie3 and phy5iotherapy. Su¢h treathients and health care SUPPXL along with inryclass suppxt from tea￿1￿8￿s14nt￿ mean these chiltr¢n can accLss srh(K)i forth¢first tim¢. Afghaniytan Streth Child and I￿[ partners are th¢ only rwised eduC￿li￿n 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- M￿la1 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) ¢IM￿l¢t-atTe£ted and displa¢ed children. IN Ukraine Millions of children Jr¢ affectd by the war. chtldren livÈng ill residential in5titiJiiott4 WIth￿rt parentai ca unaccompanied Bnd separated ¢hIldre￿ at￿ ¢hildren pith disabiliti¢& are p3rti(x￿arfy 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 par￿erShiP with Street ChÈld we supp(Ktry] m Uktainian NGOS." Ridni. who run spa￿5 for 307 children to f￿1 saf4 p14y and T￿e1ve psycholo8Écai SUPp￿t. 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 s￿S in Zakarpatti4 to provide respite for cbildren who have wRthessed the ho￿)rS of war in mig￿1￿8 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 re￿x￿ceS 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¢ov￿antiCip1tr1e%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(X￿datiOn 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¢ TA￿ceS have conducted theirown revxew of the m8ior iisk5 to which the ¢lwity is ex￿5￿ 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 p￿eth￿¢S aTe per1(xti￿lIY 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(AmP￿Y 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 cOntrib￿e 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 TA￿tee5 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 Oir￿e IO Lon8croft Avenue AL5 2QZ Trnstee5 C Cros51ey Mt D CroS￿eY ' H Field (app(Xllt￿1 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, R￿PONSIBIL￿Es The truste¢s (who are atso the d￿￿torS of From Babie5 with Love F￿ndatIon for the purposes of company law) a responsible for preparing the Rew)rt of the Tn￿teeS 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 p￿denl 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 coM￿lY 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 beI￿lf by: Mrs C Cro&dty INDEPEND NT EXAm￿ER. 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 2￿6 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 inde￿ident 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 S￿Et￿ 145(5) (b) of the 2011 Act. 1tsdepemde￿t examiller'y5 slateme#t Ihave WMplet￿ my examtti41i(￿. Iccth thatnom*tershavecTrnett)my attthi1￿ in cornh￿10n withth¢¢xamIn￿E0n 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 r￿4th. 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£Th￿ts give a true and fairvi¢wwhich is tK)t a matttt ￿nSid&-ed as part of an independent exaTt]ination.' or the a￿th1nts have not been preparfd in ace(Ydance with the Meth￿￿8 and principles of the Statement of Recomrnended PE￿ice foraccouniing attd rep)rting by charities {applicable to djarities p￿par[ng their accounts in acc(Ydance with the Fin8D¢iai ￿e￿En8 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 AcTIV￿lEs 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 CO￿TINuING OPERATIONS All incKJme a#d extendiD￿l has afisen fri*L ¢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 A￿Ts 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 ￿¢(m￿tIng 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 ACCOU￿tIng basis and staDdan The fintll¢ial s￿em￿ts 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),, Fina￿claI Reporting Standard 102 Financial Reporting Stsndard applicable in the UK and Republic of Ir¢land' and the Companies kn 2￿6. 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 ligation committing the ¢harity to that expendIbj￿ il is probable that a transfer of econrric benefits will bt required in settlement and the amount of the obligation can be meagjred reliably. Expendith is accountrd for.on an acwais basis and ha5 . been dassifiod under headings that aggregate all cost rdated to the c*gory. Whtte costs cannot be dtr￿dY attributed to particu18r headings thty have been ttlE￿ated to activities on A basts coosistent with the use of T￿￿tion The Charity As Considered io pass the tests Set LYJI in PaTagFaph I Schedule 6 Fill8n¢e Ath 2010 8ttd therefore it me¢ts the definition of a charitsble r￿MpanY f(K UK Cowion purposes. AccordÉngJy the Charity is ptst¢ntiaily exempi from ttyation in respe¢t of income or ¢apital gains rexeived within rategories COve￿d by Chapt¢r3 Part I I Corporation Tax Act 2010 ￿ S¢L#E(￿ 256 of the Taxation of Chargeable Gains Act 1991 to the extent that such in¢om¢ or8ains Ère applied exdusively to chaEit8ble purp Fwids unrestrict￿ Funds are d￿atiOnS and othsx inc￿1￿8 r¢s(Kwrts ￿1Vable ￿ gtherated for the ¢)bjects of the clwity WIth￿t fitrther sptttfi￿I PUTFry and are availabl¢ as ￿e[sI IDvestments The subsidiary company is valued * ca 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/(ex￿dIkn) is stated aft￿ Charg1￿{¢red￿tillg).. 2022 2021 Indyndent ExaqTrinePs fe¢ 636 TRUSThES' REMUNERATION ANP BENEFrrs Durtng the year, no Tn￿tee received any r•nu1Krati￿ benefits (2￿2].. ￿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 •