REGISTERED COMPANY NUMBER: 07765903 RECISTERED CHAIUTY IYUMBER: 1145869 REPORT OF THE TRUSTEES AND UNAIIDITED FINANCIAL STATEMEKfS FOR THE YEAR ENDED 30 SEPTEMBER 2024 FOR LINK IiYfERNATIONAL INNOIIATION (LLANDUDNO) Williams Denton Cyf CharteTed Certified Accounthnts Glaslyn Ffordd y Parc Parc Menai Bangor Gwynedd LL57 4FE
LIN'K INTERNATIONAL INNOVATION (LLANDUDNO) CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEN'IBER 2024 Page Report of ihe Trustees Independent Exaniiner's Report Statement of Financial Activities Balance Sheet Notes to the Financi41 Statements Detailed Ststement of Financi¥l Activities 17
LINK INTERNATIONAL INNOVATION (LLANDUDNO) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEYfEMBER 2024 The trustees who are also directors of the charity for the purposes of the Companies Ath 2006. present their report with the financial statements of the Charity for the year ended 30 September 2024. The trnstees have adopted the provisions of Accounting and Reporting by Charlties: 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 l January 2019). OBJECTIVES AND AcfiviTIES Objectives and aims The charity engages people in exploring innovative ivays to alleviate poverty. promote creative education and support health care projects in poor communities. Our focus is on finding neiv ways to solve old problems and to work with lo¢al and indigenous communities to fjnd appropriate solutions. In the UK we respond to opportunities to explore compassion programmes and innovative projects that can directly alleviate poverty. financial hardship and address health issues and seek ways to improve the quality of life for those facing significanl challenges. Since Mah 2022. Ivhen we initiated a far-reaching programme in support of the Ukraine Response across Wales and established a partnership and Mou with Haven of Light in North Wales, we worked with the Welsh Government. Lo¢al Authorities and 3rd Sector organi5ations. The main focu5 of this work was drawn to a conclusion in JulylAugust 2023. However, this year we have continued to distribute free SIM cards in parthership with Vodafone Connected and maintained contact with Y5gol John BriJtr t in Llandudno with regard to supporting 6th Forni Leamers from Ukraine to acces5 technical subject vocabulary. Providing compassion opportunities. whether at local, regional or global 5cale4 is one of our core value5 and we see this rnost especially outworked in Uganda, Kenya and UK. Partnership and collaborative work with other community organisations and charities is one of our key strategies and thi5 year we have conlinued to develop such opportunities. A 11 list of our partners and organisations and charities ive are building relationships with can be found on our iveb sit¢- https-1lwww.link-.international.orgJpartner51. The Nkuru-Nziza Foundation wa5 regi5¢ered as a non-profit cornpany in Uganda on 1st September 2015, by John Njendahayo, in order to provide ihe Uganda plaiforn) for the projects supported by Lll. Since its inception as a charity LII has supported teams of young people from schools and professionals from other organisations to i'isit and develop project work in Ugand4 however, this is no longer a particular focus. We continue to support the projects and parthers we have ¢stsblished over th¢ years and respond io further opportunities as they arise and Ive have capacity to manage. This year we have developed the partnership wilh Bledloiv Parish Chuwh and are delighted iyith the progress of the Asilomar Foundation working with local Ken)'ans on the coast of Ken}'a just north of Mombasa to increase food siipplies by intr{UC1ng a perniaculture training programme. In OTd¢r to facililate the movemenl of fvnds we have estsblished an Mou with Positive Life Kenya as a registered NGO and ivhich Asilomar has patthered with in Kenya and this is working well. A development last year was for Lll to join Converd Banking. in order to facilitate a more efficient and secure Means of the transfer of fvnd8 to ovr oi'er5¢a5 projects. This year we have found this lo be very efficienL ¢ost effective and easy to manage. Over the year we have been workinu with the charity Talkingworks (TW) to ensure the remaining thnds we are holding on their behalf are used in line ivith the intentions of the donors and Mr have been able, in conjunction with TW Trustee5. to have developed a very significant and effective Peer Mediation project i¥ith Quakers UK via a tripartite Mou behveen TWtLlUQuakers. Page I
LIIYK INTERPIATJO]YAL INNOVATION (LLANDUDNO) REPORT OF THE TRUSTEES FOR THE I'EAR ENDED 30 SEPTEMBER 2024 OBJECTIVES AND AcfIviTIES Significant activities Activsties fall into 7 main areas: l. Support for the Project in Maya 2. Support ftsr children and young people in ethjcation in East Africa 3. Support ftsr the Acholi people (Beads People) in Kampala 4. Support for the B VTC in Mityana 5. Support for Julius Muyombya and CRM projects 6. Pioneer the Asilornar Project 7. Develop a Conflict Resolution Programme l. Maya Project.. a number of years ago land was bought for the provision of a medical centre with maternity care. As this facility is no longer required in the community the charity has continued to support the development of the buTlding work to provide accommodation units and commercial outlets. Further work has continued this year on the compound to extend the accommodation and ivork towards incre&sing commercial opportunilies and work placements for students from the B VTC. The main focus of Maya now is to provide an income stream for the work of NNF in order to help il become self-SU5taining within Uganda. Our aim is for thi5 to be achieved by 2025. Educaiion.. The charity makes itself available to support the needs of children in education from challenging backgrounds. Ive support a number of individual children who have been brought to our attention and facilitate a fund in the Acholi Quarters to support children on a short-tenn emergency basis (this is by a committee of Acholi women see point 3 below). Last s'ear we supported 3 children An school vla our partnetship with CRM, we are pleased that these hildren can now be funded by the family in Uganda. We h3ve also continued to support Daniel and Susan, the children of the Archbishop of Western Equatoria (S Sudan). Education is a key focus of the Work of the charity and each of the activity areas 2-7 have strong educational apects. 3. The Acholi people are refugees from the Koney war and many of the women are HIV+. The Charity CRED Foundation has developed educational Ivork within the community and we facilitate some of the funds, from individual friends of CRED and LII, being distributed to an indigenous committee. They work closely with Helen Harrison and John Njendahayo to provlde emergency funds for children who need medicines or support in s¢hool during time5 of family crisis and to facilitate early years education provision and both women's and men's literacy groups. 4. Nkuru Business and Vocational Training College (BVTC)- The project is noiv fiilly managed via the Nkuru Nziza Foundation and managed by John Njend3hayo and a Management Team. The overall strategy provides Nursery and Primary Education leading onto Vocational Training in skills for work. This year ihe Nursery School is fully operational. funds have been provided via our sponsors the East End Farni Family TrusL to complete the Primary school and the final phase to be completed is classroom and examination room space for Primary 7. An innovative conununity water scheme has been developed providing many homes with access to piped/tapp¢d water ivitliin ¢as}' access of their homes - the programme conttnues lo be extended. Full reports are avai10bl¢ as provided by Helen Harrison from recent inspection visits. 5. We have continued io support Julius Mu)ombya and extended family in order that tliey are able to be self-SU5taining financially. The extended family programme has now been completed successfi]Ily and they are able to be accommodated independently and provide all the necessary 5ubsist¢nce for themselves and the children's education. We are deliglited with this progress. We continue to support Julius With his professional development and as a volvnte¢r with CRM, by supporting his accommodalion needs via CRM. Page 2
LINK INTERNATIONAL INNOVATION (LLANDIIDNO) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2024 OBJECTIVES AND ACTIVITIES 6. Thg Asilomar project is now well established, both in tenns of th¢ education within the village and rural area and the development of the land and plans for an irrigation system. Helen Harrison has visited the proj¢¢t site as part of our due diligence and ha5 reported back very positively. We keep in c105e touch with Bledlow Parish as the project continue5 to develop. We re¢eived a grant of £5.209 from Angu5 Lawson Memorial Trust {ALMT) for the first phase of the project in the local school {mSUmA SECONDARY SCHOOL}. Other funds for developing the ivider programme and providing a water supply and irrigation system were rnised by Bledlow Parish. 7. TalkingWorkslQuakers/LII collaboration for conflict re501ution skills: Darwen Aldridge Cominunity Academy in Lancashire (DACA) was identified as being best placed to work with us on this project. DACA wa5 judged to be a school that: Ha5 3 commitment to developing restorative and relational practice Could identify staff members ivith the capacity to work on this project Has a good range of pupils from different socio*conomic and culra1 backgrounds Has a commitment to providing additional opportunities for students to develop non-academic skills that will support them in future employment. DACA has a groiving sixth fonn which from September 2024 i5 spread across three sites. Three Primary schools in the DACA network have also been identified to extend the progranllne. Significant progress has been made on trainlng staff and learners and the process of establishing a Peer Mediation Team. Public benefit It is the Ante7)tion of the charty that any proj¢¢t it support5 should benefit. as widely as possible. members of the general public. Improving the quality of lffife vis more accessible vocational skills. modelling and developing environmentally sustainable systems such as pennaculture. biogas. rainwater harvesting an intentional process of sharing ideas freely for the benefit of ihe general public. working with children in a number of communittes in Uganda either informally via activity clubs, fonnally in schools or via individual sponsorship is open to all. Opportunities lo contribute to education attd enrichment programmes in schools are welcomed. Collaboration with other charities and organisations faetlitates increased opportunities for the public, in UK and overseas. to engage with humanitarianlcompassion projects. as well as extending opportunFtie5 to 5UPPOrt education and life skills to learners in UK. In Uganda. The Trustees are particularly encouraged at the number of families in the area around the B VTC that now have access to fresh water. the plans to exlend water supply to homes in the Maya Di5tri¢t and the partnership wlth CRM and the new initiative witli the Asilomar Project. ACHIEVEMENT AND PERFORMANCE Achievemenls The developing nettvork with other organisations and charities is encouragino. We continue to value our relationship with CRED, in particular with the Acholi prooramme and the ¢ontribution to LIJ of Helen Harrison. Th¢ partnership with The Nk"uru-Nziza Foundation is essential for man} of our operations in Uganda and The East End Family Trust has made an on-going substantial contribution with the specific airn of developing the BVTC campus and th¢ ¢ommerGial development in Maya. and this has made a considerable impact on the financial income of LII. BVTC has had a huge s(Trcial impa¢t on many lives and a Hthole community. With r¢gard to Maya the future plans and prouress in cr¢ating income Streams to make NNF self-sufficient with u¢7da is very pr()mising. We value our on-going parÉnership with CRM and Julius, Tole as a member of the team in Uganda, as well as the protsres5 he has made towards his wider family self-sufficiency. Setting up the infrastructure to facilitate the development of the Asilomar project is a significant achievement. The tripartite agreement with Talkin(rlVorks. the Quakers and LII is proving lo create a dynamic self-perpetuating conflict resolution resource to a number of schoo15. The first phase of the launch of the programme ha5 been very well received. Page 3
LINK INTERNATIONAL JNNOVATION (LLANDUDNO) REPORT OF THE TRusfEES FOR THE I'EAR ENDED 30 SEPTENqBER 2024 FINANCIAL REVIEW Financial position The accounts reflect the movement of funds to support the projects In Uganda. Kenya and with The Quakers UK. Cl)arity Checkout (now Enthuse) continues to PTovid¢ a very usefvl plarfornl for donations making monthly donations mucli ea57er with Gift Aid facilities. The largest donor is the East End Family TThsL which not only provides the ndIng for the B VTC, but has also committed to providing the core funding costs of Lll. along with financial provisTon to meet John Njendahayo's expenses and remuneration via Nkuru Nziza. The grant from ALMT and fijnds rnised througli Bledloiv PaTish facilitated the Asilomar Project launch, and the fisnds held on behalf of Talkingworks have funded the programme ivith The Quaker5. We have continued to build our reserves and contingency fijnds as part of securing the operational cosls over several years. Our aim is to retain 3 years of Core Funds, so that less active times beeen projects and with less active nd raising, can give the Charity a 5UStainable fi]ture. We ivill continue to pursue core funding being raised independently of other fund raising to ensure as far as possible that l OOO/o all donations go to the donor's intended project. Gift Aid is particularly beneficial to the charitys project work and a150 provides soine capacity. if required to support core funding. The transfers of funds to Uganda are now moved digitslly from our BarclaY5 Account in UK to Convera and then digitally to Nkuru-Nziza's AASBA account in Kampala 8nd Positive Lif¢ Kenya frir the A5ilomar Projeth. We do transfer smaller amounts when necessary from LU'S Barclays account to a Community Barclays account 'Link Il Uganda,. Barclays Bank agreed to the name change from 'St David's College Uganda,. The Trustees have agreed to the 'adoption' of this process of traTJsferring more limited ndS to Uganda, especially in situations Mhere funds are r¢quir¢d urgently or when the transfer. using WorldRemiL needs to be made to mobile money accounts in Uganda. Barclays Bank conduct an Annual Review of our main Charity Bank Account. The Community Account'Link II Uganda, was also reviewed in January 2024. and the name change agreed. The account is reg]ered to and managed by Revd Tim Hall as a Community Account and the LIE'S usual due diligence 15 followed. The Ukraine Response as a main focus has 15 now ended and no funding anticipated. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Company was incorporated on 7 September 2011 and 15 regulated by its memordndum and articles. Risk management The trustees have a duty to identify and review the risks to V4hi¢h the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees continue to maintain ihe Cl)arity's Business Risk Assessment and have a dynamic approach io monitoring it as a live docwiient. Helen Harrison continues in her k-ey role as 'Projecl Co-ordinatorf in order to oversee the project support in Uganda and Kenya to ensure the use of funds is appropriate and in line ivith the intentions of the fvnd raisers ai)d donors. She has made extended visits to the projects and our partners this year and worked closely ivith us on the Development Plans and continuing to secure fundino The neiv procedures for reporting and creating more efficient due diligence on fieldlsite visits 8re working well and we are confident in our due diligence processes with gard to transferring funds overseas. We have ¢ontinued to review and extend our charity policies and a particular focus has been on GDPR as we received a DSAR in November 2022 and as our response was accepted. as far as we are aware. all documentation and data around the Ukraine Project was deleted from our systems during this year and we revieived our processes. We also reviewed and changed our volunteer policy in order to reduce reputational risk as we do not Iiave the liuman resource5 to administer and monitor a volunteer prograrnme. We have recruited two neiv Trustees- David Ivard and Lucy Czakan. They each bring wide experience of education and the comniercial i¥orld and help Cowordinate and develop some of the more recenl projects, Ivith Lucy representing and Co-ordinating the Bledlow Parish support for the Asilomar Proje¢t and David Ward look-ing more specifically at developing our education programme in Uganda. In December 202), Mrs B J Hutchinson Smith resigned lier role as Trustee. Page 4
LINK INTERNATIONAL INNOVATION {LLANDUDNO) REPORT OF THE TRUSTEES FOR THE I'EAR ENDED 30 SEPTEMBER 2024 REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 07765903 (Not spe¢ifi¢dlOther) Registered Charity number 1145869 Registered orrice Gelynnen Glan Coniiy Colwyn Bay LL28 5PG Trustees Dr D J Field Materials Science Consultant Rev T R Hall Clerman Ms R E Hall Church and Youth Worker Mrs B J Hutchinson Smith Estate Agent (resigned 4.12.2i} Mrs L A Czakan (appointed 20.2.24) Mr D A Turner Ward (appointed 20.2.24) Compan). Secretary Mrs A J Foxall Jndependent Examiner Williams Denton Cyf Chartered Certified Accountants Glaslyn Ffordd y Parc Parc Menai Bangor Gwynedd LL57 4FE Approved by order of the board of trustees on .. . and signed on its behalf by= Rev T RHall - Trustee Pag¢ 5
INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF LINK INTERNATIONAL INNOVATION (LLANDUDNO) Independent examiner's report to the trustees of Link International Innovation ILlandudno) ('the Company,) report to the charity Érustees on tny examination of the accounts of the Company for tlie year ended 30 September 2024. Re5ponsibilitie5 and bA5i5 of report As the charity's tru5tee5 of the Company (and also its direclors for the purposes of company law) you are responsible for the preparation of tli¢ accounts in accordance wryth 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 a5 carried out under Section 145 of the Charities Act 2011 (Yhe 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under Se¢tiorft 145(5) Ib) of the 201 l Acl. Independent exAminer's statement I have ¢ompleted my exaniination. I confirni that no matters have come to my attention in connection witli the examination giving me cause to believe: accounting records ivere not kept in respect of the Company as required by Section 386 of the 2006 Act. or the accounts do not accord with those records. OT the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requir¢m¢nt that the a¢counts give a ttue and fair view whi¢h is rjot a matter considered as part of an independent examination- or the accounts have not been prepared in accordance wlth the methods and principles of the Staiement of Recommended Pra¢ti¢e for accounting and reporting by charities (applicable to charities preparing tlieir accounts in accordance ivith ihe Financial Reporting Standard applicable in the UK and Republic of Jreland (FRS 102)). E have no concerns and have come across no other matters in connection with the examination to which attention Should be drdivn in this report in order to enable a proper understanding of the accounts fo be reached. Mr Martin Barrett Williams Denlon Cyf Chartered Certified Accountants Glasl)i] Ffordd y Par¢ Parc Menai Bangor Gwynedd LL57 4FE Date.. Page 6
LINK INTERNATIONAL INNOVATION (LLANDUDNO) STATEMENT OF FINANCIAL AcfivITIES FOR THE YEAR ENDED 30 SEPTETrIBER 2024 2024 Total funds 2023 Total funds Unrestricted funds Restricted nds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 1,134 95279 96,413 12).3 85 EXPENDfTURE O]Y Charitable activities General 5.890 138886 144.776 82.306 NET INCOME/(EXPEIYDITURE) (4,756) (43,607) {48,363) 41,079 RECONCILJATION OF FUNDS Total funds brought forward 24,094 52,074 76,168 35.089 TOTAL FUNDS CARRIED FORWARD 19J38 8,467 27,805 76,168 CONTINUING OPERATIONS All income and expenditure has arisen from continuing activities. The note5 forni part of these financial statements Page 7
LINK INTERNATIONAL INNOVATION {LLANDUDNO) BALANCE SHEET 30 SEPTEMBER 2024 2024 Total funds 2023 Total funds Unrestricted funds Re5tricled funds Notes CURRENf ASSETS Cash at bank 20.699 8,956 29.655 77.464 CREDITORS Amounls falling due ivithin one year {lJ61) {489) (1,850) (1,296) NET CURREIYT ASSETS 19J38 8,467 27,805 76,168 TOTAL ASSETS LESS CURRENr LIABILITIES 19J38 8,467 27,805 76,168 NET ASSETS 19J38 8.467 27,805 76,168 FUNDS Unrestricted funds Restricted filnds 19J38 8,467 24.094 52.074 TOTAL FUNDS 27,805 76,168 The charitable company 15 entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024. Th¢ memb¢rs have noi required the company to obtain an audit of its financial slatements for the year ended JO September 2024 in accordance ivith Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable compaSby keeps a¢¢ounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements ivhich give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in aecordance witli the requirements of Sections 394 and 395 and which other¥vise comply iyiih die requirements of the Companies Act 2006 relating to financial statements. so far &$ applicable to the charitable company. (b) These fiiiancial slatemenls have been prepared in accordance with the provisions applicable to ¢haritable eompanie5 subject to tlie small companies regime. The fina cial statements were approved by the Board of Trustees and authorised for issue . and were signed on its behalf by.. on Rev T R Hall - Trustee The notes fomi part of these financial 5tatement5 Page 8
LINK INTERNATIONAL INNOVATION ILLANDUDNO) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 ACCOUNTING POLICIES Basis of preparing the financial slatemellts The financial statemenls of ihe charitable company, which 15 a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Ac¢ounting and Reporting by Charities: Statement of Recommended Practice applicable to chartties preparing their accounts in accordance with the Financial Reporting SÉandard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),. Financial Reporting Standard 102 The Financial Reporting Stsndard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have beerA Prepared under the historical cost convention. Income All income is recognised in the Ststement of Financial Activities once the charity ha5 entitlement to the fund5, it Is probable that the in¢ome will be received and the amount can be measured reliably. EJpenditure Liabilities are recognised as expenditure as soon &s there is a legal or constNctive obligation committing the charity to ihat expenditure: it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated io aclivities on a basis consistent M'ith the use of resources. Grnnts offered subject to conditions which have not been rnet at the year end date are noted as a ¢ommitm¢nt but not aCCed as expenditure. Taxation The charity is exempt from corporation tax on its ¢haTitable activities. Fund accounting Unrestricted funds can be used in accordance with the charltable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes wrythin the objects of the charity. Restrictions arise ivhen specified by the donoT or when funds are raised for particular restricted purposes. Further explanalion of the natur¢ and PUTpose of ea¢h fvnd is included in the notes lo the financial statements. TRUSTEES, REhlUNERATION AND BENEFrrs There were no trustees, remuneration or other benefits for the year ended 30 September 2024 nor for the year ended 30 September 2023. Trustees, expenses There were no tru5tees' expenses paid for the year ended 30 September 2024 nor for the year ended 30 September 2023. Page 9 continued...
LINK INTERNATIONAL INNOVATION (LLANDUDNO) NOTES TO THE FINANCIAL STATEMEP4TS - continued FOR THE YEAR ENDED 30 SEPTEIBER 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unrestricted funds Restricted nds Total funds 'COME AND ENDOWMEwfs FROM Donations and legacies 7,192 116.193 123.385 EXPENDITURE ON Charitable gctivitie5 General 5,828 76,478 82,306 NET INCOME Transfers between funds 1.364 (4.130) 39,715 4.lio 41,079 Nel movement in funds (2,766) 43.845 41.079 RECONCILIATION OF FUNDS Tolal funds brought fonvdrd 26,860 8,229 35,089 TOTAL FUh'DS CARRIED FORWARD 24,094 52,074 76,168 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Bank loans and overdrafts (see note 5) Accrued expenses 489 lJ61 1,296 1,850 1.296 LOANS An analysis of the matt]rity of loans is given below. 2024 2023 Amounls falling due iviihin one year on d¢mand.- Bank overdrafts 489 Page 10 continued...
LINK INTERNATIONAL INNOVATION (LLAIYDUDNO) IYOTES TO THE FINANCIAL STATEMEN'TS- continued FOR THE YEAR ENDED 30 SEYfEMBER 2024 MOVEMENT IN FUNDS Net movement in funds At 1.10.23 At 30.9.24 Unrestricted funds General fund Contingency Fund Travel Fund 18,074 2,574 {1,488) 16,586 2,574 178 (3268) 24,094 (4,756) 19?38 Re5tric*ed funds Beads Comrnunity Support Medical Centre Julius School Fees 554 2,043 144 (2,043) 698 (239) (42,510) {150) 699 (3,100) 24 149 3,506 (250) 163 (239) VTC Ukraine Support Daniel Talking Works Hope Restored Susan East Kenya Project John NW David Ivard 42.510 150 153 6.508 56 75 25 852 3,408 80 224 3,531 (250) 163 52,074 {43.607) 8,467 TOTAL FUNDS 76,168 (48,363) 27,805 Pagell continued...
LIP4K tKrERNATIOIYAL IM'OVATION (LLANDUDNO) NOTES TO THE FINANCIAL STATEMENTS - continued OR THE YEAR ENDED 30 SEPTEMBER 2024 MOVEMENT IN FUNDS - continued Net movement in funds. included in the above are as folloivs: Incoming resource5 Resources expended Movement in funds Unrestricted funds General fund Travel Fund 1,134 (2,622) (3268) (1,488) (3,268) 1,134 (5,890) {4,756) Restricted funds Beads Community Support Medical Centre Julius School Fees 144 144 (2,043) (2,043) 6,391 61,500 (6,630) (104,010) (150) (1,917) (3,100) (56} (239) (42,510) (150) 699 (3,100) 24 149 3,506 VTC Ukraine Support Daniel Talking Work5 Hope Restored Susan East Kenya Project Uganda Dental CRM John NW David Ward 2,616 80 149 12250 5.986 5.000 1,000 163 (8,744) (5,986) (5,000) (1,250) (250) 163 95279 {138,886) (43,607) TOTAL FUNDS 96.413 (144,776) (48,363) Page 12 ontinued...
LJNK INTERNATIONAL INNOVATION (LLANDUDNO) NOTES TO THE FINANCIAL STATEMENTS- eoDtinued FOR THE YEAR Ef4DED 30 SEvfEA¥IBER 2024 MOVEMENT IN FUNDS - Continued Comparatives for movement in funds Net movement in funds Transfers between nds At 1.10.22 At 30.9.23 Unrestricted fund$ General fund Contingency Fund Travel Fund 18.610 2.382 5.868 3,594 192 (2.422) (4.130) 18,074 2,574 3.446 26.860 1,364 (4,130) 24,094 Restrteted funds Beads Community Support Medical Centre Juliu5 School Fees 410 943 554 2,043 i.liio {4.130) 42.510 (200) 135 4.130 VTC Ukraine Support Daniel Talking Works Hope Restored Susan East Kenya Project 42.510 150 153 6,508 56 75 25 350 18 6,508 56 75 25 8.229 39,715 4.130 52,074 TOTAL FUNDS 35.089 41.079 76,168 Page 13 conlinued...
LINK INTERNATIONAL INNOVATION (LLANDUDNO) NOTES TO THE FINANCIAL STATEI¥IEN'TS - coDtinued FOR THE YEAR ENDED 30 SLPTEMBER 2024 MOVEMENT IN FUNDS - continued Comparative nel movement ID funds. included in the above are as follows: Incoming resources Resou¢5 e.Ypended Movement in funds Unrestricted funds General fund Contingency Fund Travel Fund 7,000 192 (3,406) 3,594 192 (2,422) (2.422) 7.192 {5.828) 1,364 Restricted funds Beads Community Support Medical Centre Zoe'5 School Julius School Fees 144 I,ioo 233 I,ioo (233) 6.510 103,010 2,677 2.013 350 56 75 25 (10.640) (60,500) (2,877) {1,878} (350) (4.130) 42,510 (200) 135 VTC Ukraine Support Daniel Charles Hope Restored Susan East Kenya Project 56 75 25 116.193 (76.478) 39,715 TOTAL FUNDS 123,385 (82,306) 41,079 Page 14 continued...
LINK INTERNATIONAL INNOVATION {LLANDUDNO) NOTES TO THE FINANCIAL StATEImES- Continued FOR THE YEAR ENDED 30 SEyfEI¥IBER 2024 MOVEMENT tN FUNDS - CODtinued A GUent year 12 months and prior year 12 months combined position is as follows: Net movement in funds Transfers behveen funds At 1.10.22 At 30.9.24 Unrestricted funds General fund Contingency Fund Travel Fund 18,610 2.382 5.868 2,106 192 {5.690) (4,130) 16,586 2,574 178 26.860 (3.392) (4,130) 19.338 Restricted funds Beads Community Support Medical Centre Julius School Fees 410 943 288 (943) 698 (4.369) {350) 834 (3.100) 80 224 3.531 (250) 163 4,130 (239) Ukrain¢ Support Daniel Talking Works Hope Restored Susan East Kenya Project John NW David Ward 350 18 6,508 852 3,408 80 224 3,531 (250) 163 8.229 (3.892) 4,130 8,467 TOTAL FUNDS 35.089 17.284) 27,805 Page 15 ontinued...
LINK INTERNATIONAL INNOVATION (LLANDUDNO) NOTES TO THE FINANCIAL STATEMEIYTS - continued FOR THE YEAR ENDED 30 SEYfETrIBER 2024 MOVEMENT IN FUNDS - Continued A currenl year 12 months and prior year 12 month5 combined net movement in fvnds. included in the above are as follows: Incoming resources Resources expended Movement in fvnds Unrestricted funds General nd Contingency Fund Travel Fund 8.134 192 (6.028) 2,106 192 {5.690) (5.690) 8J26 (11.718) (3,392) Restricted funds Beads Community Support Medical Centre Zoe's School Julius Srhool Fees 288 I,ioo 233 288 (943) (2,043) (233) 12,901 164,510 2.677 4.629 (17,270) (164.510) (3.027) (3.795) (4,369) VTC Ukraine Support Daniel Charles Talking Works Hope Restored Susan East Kenya Project Uganda Dental CRM Jol)n NW David Ward 1350) 834 (3.100) {56) (3.100) 80 224 3.531 136 224 12.275 5.986 5.000 I,ooo 163 (8.744) (5.986) (5,000) (1.250) (250) 163 211.472 (215.364) (3.892) TOTAL FUNDS 219,798 (227.082) (7,284) RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 30 Septernber 2024. Page 16
LINK INTERNATIONAL INNOVATION (LLANDUDNO) DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR E,DED 30 SEPTEIllBER 2024 2024 2023 INCOME AND ENDOWMENTS Donations and leycies Donations 96,413 123,385 Total incoming resources 96,413 123,385 EXPENDITURE Charitgble activities Sub5¢riptions and licences Website Travel Grants to indivlduals 684 246 3J03 138386 649 3,622 76,478 143,119 80,749 Support costs Finance Bank charges 30 25 Governance costs Insurance A¢¢ountan¢y and legal fees 167 1,460 1,368 1,627 1,532 Total resources expended 144,776 82,306 Net (expeDditure)fincome {48J63) 41,079 This page does not fomi part of the statutory financial statements Page 17