**`REGISTERED COMPANY NUMBER: 07917747 (England and Wales) REGISTERED CHARITY NUMBER: 1149836`**
## **`Report of the Trustees and`**
**`Unaudited Financial Statements`**
**`for the Year Ended 31 January 2024`**
**`for`**
**`The Doxa Project Limited`**
`Knights Lowe Chartered Accountants Eldo House Kempson Way Suffolk Business Park Bury St Edmunds Suffolk IP32 7AR`
```
The Doxa Project Limited
```
```
Contents of the Financial Statements
for the Year Ended 31 January 2024
```
||**`Page`**|
|---|---|
|**`Report of the Trustees`**|`1 to 4`|
|**`Independent Examiner's Report`**|`5`|
|**`Statement of Financial Activities`**|`6`|
|**`Balance Sheet`**|`7`|
|**`Notes to the Financial Statements`**|`8 to 14`|
|**`Detailed Statement of Financial Activities`**|`15 to 16`|
```
The Doxa Project Limited
```
## **`Report of the Trustees for the Year Ended 31 January 2024`**
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
withthefinancialstatementsofthecharityfortheyearended31January2024.Thetrusteeshaveadopted the
provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of
Ireland (FRS 102) (effective 1 January 2015).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
TheCharity'saimistoadvanceeducationamongstchildrenandyoungpeopleprimarilybutnotexclusivelyin Kenya,
whichitdoesbycomingalongsideexistingschoolsandequippingthemwithbuildings,educational materials,
knowledgeand funding,and by providingfundingand assistancewith travelarrangementsto allow childrento attend
existingschoolsintheircommunity.TheCharityalsoaimstoworktowardsalleviatingpovertyintheareasin which
such schools are based by assistingwith the paymentof school fees to allow underprivilegedchildrento attend school
and receive not only an education but also a daily hot meal and the support of respected adults in the community.
```
```
The Charity'sobjectivesare to increasefundinglevels in order to providefurtherfinancialsupportto the communities
itworksin,andtocontinuetoprovideknowledge,assistanceandopportunitiestothoselivingwithin such
communities.TheCharityanticipatesmeetingtheseaimsbyraisingawarenessoftheCharityinorderto attract
financialsupportersintheUnitedKingdom,andbycontinuingtodeveloptherelationshipinplacewiththose people
who run the community projects in conjunction with the Charity.
```
## **`Significant activities`**
```
The Charitycontinuesto pursue a community-focusedapproach,providingfundingand travel assistanceto children in
the communityto allow them to attendone of a number of schoolswe partnerwith and working with local families in
connectionwith a number of initiatives(such as distributingwater filters to families within the communityto allow for
clean water, working with women with HIV/AIDS, providing regular support to over 35 families within the community).
```
```
TheCharityhasdonatedsignificantfundsto"DoxaInternational",theKenyanCBO(CommunityBased Organisation)
that co-ordinatesthe work within the local community,to assist with variousprojectsand a significantchild education
programme.ThecharitycontinuestosupportDoxaInternationalinfarmingthetwoplotsoflandthathelp provide
food for the local community.
```
## **`Public benefit`**
```
ThetrusteesconsiderthattheyhavecompliedwiththedutyregardingPublicBenefitasdetailedinsection4of the
Charities Act, having due regard to guidance published by the Charity Commission.
```
```
Page 1
```
```
The Doxa Project Limited
```
## **`Report of the Trustees for the Year Ended 31 January 2024`**
## **`ACHIEVEMENT AND PERFORMANCE`**
## **`Charitable activities`**
```
Followingonfromthebuildingofthecommunitycentrein2022,muchof2023wasspentworkingwiththe "Doxa
International"team in Kenyaon internaldecoratingandcompletingthe externallandscapingaroundthe building. We
had teams from the UK visit Kenya in May and Novemberof 2023 to work on this. Anotherbuildingat the front of the
plotwasalsorefurbishedtobeusedforthesponsorshipschemebreakfastclubandfellowshipmeetings. Significant
fundswere donatedtowardsthis work. Manyof those who have been to Kenyafrom the UK as part of a Doxa Project
team will also spend time within the community and visiting our projects.
```
```
The two farm plots owned by "Doxa International"continueto be farmed. The drillingof a borehole took place in April
2023 on the land and it is plannedthat we will assist with the fundingfor the remainingstages of this borehole project
in due course. The borehole will provide regular water for the farm as well as the local community.
```
```
ThedonationstowardstheworkofTheDoxaProjectcontinuetoincreaseandwehavereceivedanumberof new
monthlydonorsthatenableustocontinuetosupporttheworkof"DoxaInternational"inKenya.This includes
increasingthenumberofchildrenwithinthechildsponsorshipschemeandsupportingmorefamilieswithin the
community of Kwa Murugi.
```
```
WealsohaveTrusteesandsupportersintheUKwhomakeregularvisitstovariousmeetinggroupsaspartof our
fundraisingandawarenessinitiatives.Eachyearweproduceaprintnewsletterthatinformsoursupportersof our
recent, current and proposed work with the community of Kwa Murugi.
```
## **`FINANCIAL REVIEW`**
## **`Reserves policy`**
```
Thetrusteesagreedthatinadditiontofundingschoolfeesforthesponsoredchildren,fundswouldbespentat the
appropriatetimeoncommunityprojects.InconjunctionwithourpartnersinKenya,"DoxaInternational",a monthly
budget continuesto be providedto enable the work in the communityto continue.The monthlyamountgifted by the
Charityto"DoxaInternational"wasusedforthingssuchcommunitycentrerunningcosts,monthlyfood parcels,
contributions to the wages of five "Doxa International" employees and other emergency needs.
```
```
As of 31st January2024,there are 70 childrenthathave their educationfundedby The Doxa Projectincluding15 that
arenowattendingsecondaryschool.Amonthlyamounttocoveralltheschoolfeesisnowsentoutto "Doxa
International" who oversee the progress of the children.
```
## **`FUTURE PLANS`**
```
The building of a multi-purposecommunitycentre, to help educate and resource the wider local communityin areas of
leadership,adulttrainingandapprenticeshipsbeganinNovember2022andtheinternaldecorationwas largely
completedbytheendof2023.InJanuary2024we begantoutilisethenewbuildingandthisincludedthe computer
classroom, bike workshop, kitchen and large gathering space.
```
```
WecontinuetobuildrelationshipswithotherorganisationsinandaroundNakuru,seekingtohelpcommunities like
Kwa Murugi.
```
```
It is planned that the next stages of the borehole project will begin towards the end of 2024.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
TheCharityiscontrolledbyitsgoverningdocument,itsarticlesofassociation,andconstitutesalimited company,
limited by guarantee, as defined by the Companies Act 2006.
```
```
Page 2
```
```
The Doxa Project Limited
```
## **`Report of the Trustees for the Year Ended 31 January 2024`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Recruitment and appointment of new trustees`**
```
New trustees are appointedby the existing trustees and serve until required by the articles of association("Articles") to
retireandstandforreappointment.ThearticlesoftheCharityprovideforaminimumof3trustees.Trustees recruit
newtrusteesonthebasisoftheirexperience,theirempathytowardstheCharity'saimsandtheirwillingnessto act.
Trustees also consider the skills of potentialnew trustees and how those skills would benefit the Charity as a whole (for
example,a potentialnew trusteewho has previouslymanagedthe constructionof educationalfacilitiesabroad would
have valuable insight relevant to the Charity's aims).
```
```
TheinductionprocessfornewtrusteesinvolvesaninitialmeetingwiththeChairmanoftheboardwhoprovides the
new trusteewith relevantinformationregardingthe historyand backgroundpertainingto the Charityand its projects,
followed by a separatemeeting with all trustees who are availableto answer any questionsthe new trustee may have.
New trusteesare given as muchwritteninformationrelatingto the Charityas possible,including:(a) a briefhistory of
the Charity;(b) informationaboutthe Charity'scurrentproject(s);(c) copies of minutes of recent trustee meetings; (d)
a copy of the Articles;(e) copies of the Charity'sCommission'sguidancepapers "The EssentialTrustee: What You Need
toKnow,WhatYouNeedToDo"and"CharityTrustee:What'sInvolved";and(f)copiesofthepreviousyears' annual
reports and accounts.
```
## **`Organisational structure`**
```
Trusteesmeetregularlyandatleast,asawholegroup,3timesayear.Attrusteemeetingsthetrustees agree
immediateandlong-termstrategyandconsidercurrentareasofactivity.Thisinvolvesconsiderationof current
fundinglevels,anticipateduseoffunds,recentandproposedfundraisingefforts,anyimmediateneedsraised in
connectionwiththeCharity'scurrentproject(s)andriskmanagementconcerns,policiesandprocedures. Trustees
makedecisionstogetheronamajoritybasis,butdodelegatethedaytodayadministrationoftheCharity'sfunds to
the Chairmanas andwhere neededgiven thatan immediateandpressingneed for fundscan ariseat anytime of day
or night(suchas for breakdownexpensesin relationto the vehiclemaintainedby "DoxaInternational".Where funds
are required at short notice, the Chairman informs all trustees in writing as soon as reasonablypracticable(ideally prior
to but sometimes after the transfer of such funds).
```
## **`Risk management`**
```
ThetrusteeshaveconsideredthemajorriskstowhichtheCharityisexposedandhavereviewedthoserisks and
establishedsystemsandproceduresto managethoserisks.The majoroperationalriskto theCharityis theextent to
which the funds sent abroad to be applied towards specific costs are indeed applied towards meeting those costs. The
trusteesmanagethisriskby maintainingregular(atleastdailyandmore oftenthannotmultipletimesa day) contact
withtherecipientofthefundstransfer,whoistaskedwithreportingpurchasesandpaymentsmadewith funds
supplied by the Charity to the trustees and providingreceipts and confirmationof purchase as and where possible. The
trustees also require sight of the book keeping records maintainedby "Doxa International"to check amounts spent. In
addition,the trusteeswork to ensure that a representativeof the Charity(a trusteeor, failingthat,a person known to
thetrustees)visitsatfourtimeseachyearinordertochecktheaccountingrecordsandprojectprogress, amongst
other things.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Company number`**
```
07917747 (England and Wales)
```
## **`Registered Charity number`**
```
1149836
```
## **`Registered office`**
```
Greatfold House
Cedars Close
Thurston
Suffolk
IP31 3QS
```
```
Page 3
```
```
The Doxa Project Limited
```
## **`Report of the Trustees`**
## **`for the Year Ended 31 January 2024`**
## **`Trustees`**
```
R H Balmer Director
D T Brown Director
S Byford Director
Mrs L C Ryan Director
B J Ryan Chairman
Mrs D J Holmes Director
J Read Director
Mrs S E Lock
```
## **`Independent Examiner`**
```
J. Knights
Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR
```
```
This report has been preparedin accordancewith the specialprovisionsof Part 15 of the CompaniesAct 2006 relating
to small companies.
```
```
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
```
```
........................................................................
B J Ryan - Trustee
```
```
Page 4
```
```
Independent Examiner's Report to the Trustees of
The Doxa Project Limited
```
## **`Independent examiner's report to the trustees of The Doxa Project Limited ('the Company')`**
```
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2024.
```
## **`Responsibilities and basis of report`**
```
As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)youare responsible
for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
```
```
Having satisfied myself that the accountsof the Company are not required to be audited under Part 16 of the 2006 Act
andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as
carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examinationI have followed
the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the
examination giving me cause to believe:
```
`1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or`
`4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
```
```
J. Knights
```
```
Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR
```
```
Date: .............................................
```
```
Page 5
```
```
The Doxa Project Limited
```
## **`Statement of Financial Activities`**
## **`(Incorporating an Income and Expenditure Account) for the Year Ended 31 January 2024`**
|`Unrestricted`
`Restricted`
`fund`
`fund`
`Notes`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
**`65,786`**
**`10,090`**
`Other trading activities`
`3`
**`774`**
**`-`**
`Investment income`
`4`
**`62`**
**`-`**
**`Total`**
**`66,622`**
**`10,090`**
**`EXPENDITURE ON`**
`Raising funds`
**`12`**
**`-`**
**`Charitable activities`**
`5`
`Resources expended`
**`12,642`**
**`-`**
`Doxa Africa`
**`9,108`**
**`17,718`**
`Community`
**`6,244`**
**`-`**
`Land expenses`
**`10,958`**
**`-`**
`Borehole`
**`10,535`**
**`-`**
**`Total`**
**`49,499`**
**`17,718`**
**`NET INCOME/(EXPENDITURE)`**
**`17,123`**
**`(7,628)`**
**`Transfers between funds`**
`13`
**`(7,628)`**
**`7,628`**
**`Net movement in funds`**
**`9,495`**
**`-`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`24,077`**
**`-`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`33,572`**
**`-`**|**`2024`**
**`Total`**
**`funds`**
**`£`**
**`75,876`**
**`774`**
**`62`**
**`76,712`**
**`12`**
**`12,642`**
**`26,826`**
**`6,244`**
**`10,958`**
**`10,535`**
**`67,217`**
**`9,495`**
**`-`**
**`9,495`**
**`24,077`**
**`33,572`**|`2023`
`Total`
`funds`
`£`
`56,677`
`2,786`
`9`
`59,472`
`101`
`8,706`
`22,774`
`10,436`
`38,219`
`899`
`81,135`
`(21,663)`
`-`
`(21,663)`
`45,740`
`24,077`|
|---|---|---|
```
The notes form part of these financial statements
```
```
Page 6
```
```
The Doxa Project Limited
```
## **`Balance Sheet`**
## **`31 January 2024`**
|`Unrestricted`
`Restricted`
`fund`
`fund`
`Notes`
`£`
`£`
**`CURRENT ASSETS`**
`Debtors`
`11`
**`10,361`**
**`-`**
`Cash at bank`
**`24,203`**
**`-`**
**`34,564`**
**`-`**
**`CREDITORS`**
`Amounts falling due within one year`
`12`
**`(992)`**
**`-`**
**`NET CURRENT ASSETS`**
**`33,572`**
**`-`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`33,572`**
**`-`**
**`NET ASSETS`**
**`33,572`**
**`-`**
**`FUNDS`**
`13`
`Unrestricted funds`
**`TOTAL FUNDS`**|**`2024`**
**`Total`**
**`funds`**
**`£`**
**`10,361`**
**`24,203`**
**`34,564`**
**`(992)`**
**`33,572`**
**`33,572`**
**`33,572`**
**`33,572`**
**`33,572`**|`2023`
`Total`
`funds`
`£`
`8,429`
`17,594`
`26,023`
`(1,946)`
`24,077`
`24,077`
`24,077`
`24,077`
`24,077`|
|---|---|---|
```
The charitablecompanyis entitledto exemptionfrom audit under Section 477 of the CompaniesAct 2006 for the year
ended 31 January 2024.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 January 2024 in accordance with Section 476 of the Companies Act 2006.
```
## `The trustees acknowledge their responsibilities for`
- `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and`
- `(b) preparing financial statements which 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 accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.`
```
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.
```
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:
```
```
.............................................
B J Ryan - Trustee
```
```
The notes form part of these financial statements
```
```
Page 7
```
```
The Doxa Project Limited
```
## **`Notes to the Financial Statements for the Year Ended 31 January 2024`**
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been
prepared in accordancewith the Charities SORP (FRS 102) 'Accountingand Reportingby Charities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
Companies Act 2006. The financial statements have been prepared under the historical cost convention.
```
```
ThecharityhasappliedUpdateBulletin1aspublishedon2February2016anddoesnotincludeacash flow
statement on the grounds that it is applying FRS 102 Section 1A.
```
```
The presentational currency of these financial statements is pounds sterling (£), rounded to whole pounds.
```
## **`Going concern`**
```
Thetrusteesconsiderthatnomaterialuncertaintiesrelatingtoeventsorconditionsthatmaycast significant
doubtuponthecharity'sabilitytocontinueasa goingconcernexist.Thereforethesefinancialstatements are
prepared on the going concern basis.
```
## **`Financial instruments`**
```
Basicfinancialinstrumentsarerecognisedatamortisedcost,withchangesrecognisedintheStatement of
Financial Activities.
```
## **`Income`**
```
All income is recognised in the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it
is probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccruals basis
andhasbeenclassifiedunderheadingsthataggregateallcostrelatedto thecategory.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.
```
## **`Governance costs`**
```
Governance costs represent the administrative costs incurred by the Charity during the year.
```
## **`Taxation`**
```
The charity is exempt from corporation tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
```
```
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
```
## **`Foreign currencies`**
```
Assetsandliabilitiesinforeigncurrenciesaretranslatedintosterlingattheratesofexchangerulingat the
balance sheet date.Transactionsin foreign currenciesare translatedinto sterling at the rate of exchange ruling
at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
```
```
continued...
```
```
Page 8
```
```
The Doxa Project Limited
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 January 2024`**
## **`2. DONATIONS AND LEGACIES`**
|`Donations`
`Gift aid`
**`3.`**
**`OTHER TRADING ACTIVITIES`**
`Fundraising events`
**`4.`**
**`INVESTMENT INCOME`**
`Deposit account interest`
**`5.`**
**`CHARITABLE ACTIVITIES COSTS`**
`Resources expended`
`Doxa Africa`
`Community`
`Land expenses`
`Borehole`
**`6.`**
**`SUPPORT COSTS`**
`Resources expended`|**`2024`**
**`£`**
**`65,729`**
**`10,147`**
**`75,876`**
**`2024`**
**`£`**
**`774`**
**`2024`**
**`£`**
**`62`**
`Support`
`Direct`
`costs (see`
`Costs`
`note 6)`
`£`
`£`
**`11,193`**
**`1,449`**
**`26,826`**
**`-`**
**`6,244`**
**`-`**
**`10,958`**
**`-`**
**`10,535`**
**`-`**
**`65,756`**
**`1,449`**
`Governance`
`Finance`
`costs`
`£`
`£`
**`495`**
**`954`**|`2023`
`£`
`49,436`
`7,241`|
|---|---|---|
|||`56,677`|
|||`2023`
`£`
`2,786`
`2023`
`£`
`9`
`Totals`
`£`
**`12,642`**
**`26,826`**
**`6,244`**
**`10,958`**
**`10,535`**|
|||**`67,205`**|
|||`Totals`
`£`
**`1,449`**|
```
The above includes independent examination fees of £954 (2023: £954).
```
```
continued...
```
```
Page 9
```
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The Doxa Project Limited
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 January 2024`**
## **`7. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31January2024norforthe year
ended 31 January 2023.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31January2024norfortheyear ended
31 January 2023.
```
## **`8. STAFF COSTS`**
```
The average monthly number of employees during the year was as follows:
```
||**`2024`**|`2023`|
|---|---|---|
|`Directors (trustees)`|**`8`**|`8`|
```
No remuneration was paid to key management or trustees during the year (2023: £nil).
```
## **`9.`**
## **`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|`Unrestricted`
`Restricted`
`fund`
`fund`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`48,587`
`8,090`
`Other trading activities`
`2,786`
`-`
`Investment income`
`9`
`-`
**`Total`**
`51,382`
`8,090`
**`EXPENDITURE ON`**
`Raising funds`
`101`
`-`
**`Charitable activities`**
`Resources expended`
`8,706`
`-`
`Doxa Africa`
`5,760`
`17,014`
`Community`
`10,436`
`-`
`Land expenses`
`38,219`
`-`
`Borehole`
`-`
`899`
**`Total`**
`63,222`
`17,913`
**`NET INCOME/(EXPENDITURE)`**
`(11,840)`
`(9,823)`
**`Transfers between funds`**
`(9,823)`
`9,823`
**`Net movement in funds`**
`(21,663)`
`-`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`45,740`
`-`|`Total`
`funds`
`£`
`56,677`
`2,786`
`9`
`59,472`
`101`
`8,706`
`22,774`
`10,436`
`38,219`
`899`
`81,135`
`(21,663)`
`-`
`(21,663)`
`45,740`|
|---|---|
```
continued...
```
```
Page 10
```
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The Doxa Project Limited
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 January 2024`**
|**`9.`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**||||
|---|---|---|---|---|---|---|---|---|
|||||`Unrestricted`||`Restricted`|`Total`||
|||||`fund`||`fund`|`funds`||
||||||`£`|`£`|`£`||
||**`TOTAL FUNDS CARRIED FORWARD`**|||`24,077`||`-`|`24,077`||
|**`10.`**|**`INTANGIBLE FIXED ASSETS`**||||||||
||||||||`Computer`||
||||||||`software`||
||||||||`£`||
||**`COST`**||||||||
||`At 1 February 2023 and 31 January 2024`||||||**`1,050`**||
||**`AMORTISATION`**||||||||
||`At 1 February 2023 and 31 January 2024`||||||**`1,050`**||
||**`NET BOOK VALUE`**||||||||
||`At 31 January 2024`|||||||**`-`**|
||`At 31 January 2023`|||||||`-`|
|**`11.`**|**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**||||||||
|||||||**`2024`**|`2023`||
|||||||**`£`**|`£`||
||`Other debtors`|||||**`10,361`**|`8,429`||
|**`12.`**|**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**||||||||
|||||||**`2024`**|`2023`||
|||||||**`£`**|`£`||
||`Accrued expenses`|||||**`992`**|`1,946`||
|**`13.`**|**`MOVEMENT IN FUNDS`**||||||||
|||||`Net`||`Transfers`|||
|||||`movement`||`between`|`At`||
|||`At 1.2.23`||`in funds`||`funds`|`31.1.24`||
|||`£`||`£`||`£`|`£`||
||**`Unrestricted funds`**||||||||
||`General fund`|**`24,077`**||**`17,123`**||**`(7,628)`**|**`33,572`**||
||**`Restricted funds`**||||||||
||`Child and school sponsorship fund`||**`-`**|**`(7,628)`**||**`7,628`**||**`-`**|
||**`TOTAL FUNDS`**|**`24,077`**||**`9,495`**||**`-`**|**`33,572`**||
```
continued...
```
```
Page 11
```
```
The Doxa Project Limited
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 January 2024`**
## **`13. MOVEMENT IN FUNDS - continued`**
```
Net movement in funds, included in the above are as follows:
```
|||`Incoming`|`Resources`|`Movement`|
|---|---|---|---|---|
|||`resources`|`expended`|`in funds`|
|||`£`|`£`|`£`|
|**`Unrestricted funds`**|||||
|`General fund`||**`66,622`**|**`(49,499)`**|**`17,123`**|
|**`Restricted funds`**|||||
|`Child and school sponsorship fund`||**`10,090`**|**`(17,718)`**|**`(7,628)`**|
|**`TOTAL FUNDS`**||**`76,712`**|**`(67,217)`**|**`9,495`**|
|**`Comparatives for movement in funds`**|||||
|||`Net`|`Transfers`||
|||`movement`|`between`|`At`|
||`At 1.2.22`
`in funds`||`funds`|`31.1.23`|
||`£`|`£`|`£`|`£`|
|**`Unrestricted funds`**|||||
|`General fund`|`45,740`
`(11,840)`||`(9,823)`|`24,077`|
|**`Restricted funds`**|||||
|`Child and school sponsorship fund`||`-`
`(9,823)`|`9,823`|`-`|
|**`TOTAL FUNDS`**|`45,740`
`(21,663)`||`-`|`24,077`|
|`Comparative net movement in funds, included in the above`||`are as follows:`|||
|||`Incoming`|`Resources`|`Movement`|
|||`resources`|`expended`|`in funds`|
|||`£`|`£`|`£`|
|**`Unrestricted funds`**|||||
|`General fund`||`51,382`|`(63,222)`|`(11,840)`|
|**`Restricted funds`**|||||
|`Child and school sponsorship fund`||`8,090`|`(17,913)`|`(9,823)`|
|**`TOTAL FUNDS`**||`59,472`|`(81,135)`|`(21,663)`|
```
continued...
```
```
Page 12
```
```
The Doxa Project Limited
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 January 2024`**
## **`13. MOVEMENT IN FUNDS - continued`**
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|||`Net`|`Transfers`||
|---|---|---|---|---|
|||`movement`|`between`|`At`|
||`At 1.2.22`|`in funds`|`funds`|`31.1.24`|
||`£`|`£`|`£`|`£`|
|**`Unrestricted funds`**|||||
|`General fund`|`45,740`|`5,283`|`(17,451)`|`33,572`|
|**`Restricted funds`**|||||
|`Child and school sponsorship fund`|`-`|`(17,451)`|`17,451`|`-`|
|**`TOTAL FUNDS`**|`45,740`|`(12,168)`|`-`|`33,572`|
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above
are as follows:
```
||`Incoming`|`Resources`|`Movement`|
|---|---|---|---|
||`resources`|`expended`|`in funds`|
||`£`|`£`|`£`|
|**`Unrestricted funds`**||||
|`General fund`|`118,004`|`(112,721)`|`5,283`|
|**`Restricted funds`**||||
|`Child and school sponsorship fund`|`18,180`|`(35,631)`|`(17,451)`|
|**`TOTAL FUNDS`**|`136,184`|`(148,352)`|`(12,168)`|
## **`RESTRICTED FUND`**
## **`Child and school sponsorship`**
```
The charityreceivesregulardonationsfrom individualswhichare to be usedto sponsorchildrenin a school in
Kenya. These donationsand the payments to the school are included as a separate fund. The charity also makes
paymentsto the schoolin accordancewithits charitableobjectiveswithanyexcessexpenditurefinancedby a
transfer from unrestricted funds.
```
```
continued...
```
```
Page 13
```
```
The Doxa Project Limited
```
```
Notes to the Financial Statements - continued
for the Year Ended 31 January 2024
```
## **`14. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31 January 2024.
```
```
Page 14
```
```
The Doxa Project Limited
```
|**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Gift aid`
**`Other trading activities`**
`Fundraising events`
**`Investment income`**
`Deposit account interest`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Other trading activities`**
`Fund raising costs`
**`Charitable activities`**
`Advertising`
`Sundries`
`Flights & travel`
`Water filters`
`Doxa Africa - General`
`Doxa Africa - Community Sup.`
`Doxa Africa - Staff Wages`
`Doxa Africa - Schooling Costs`
`Community`
`Donations for Land Purchases`
`Borehole Expenditure`
`Motor Costs - Matatu`
**`Support costs`**
**`Finance`**
`Exchange variance rates`
`Computer software`
**`Governance costs`**
`Independent examination fee`|**`Detailed Statement of Financial Activities`**
**`for the Year Ended 31 January 2024`**
`2024`
`2023`
`£`
`£`
**`65,729`**
`49,436`
**`10,147`**
`7,241`
**`75,876`**
`56,677`
**`774`**
`2,786`
**`62`**
`9`
**`76,712`**
`59,472`
**`12`**
`101`
**`456`**
`-`
**`292`**
`184`
**`9,488`**
`7,648`
**`44`**
`54`
**`6,323`**
`6,582`
**`3,766`**
`3,318`
**`4,064`**
`4,835`
**`17,718`**
`17,014`
**`945`**
`1,277`
**`10,958`**
`38,219`
**`10,535`**
`899`
**`1,167`**
`-`
**`65,756`**
`80,030`
**`495`**
`-`
**`-`**
`50`
**`495`**
`50`
**`954`**
`954`|**`Detailed Statement of Financial Activities`**
**`for the Year Ended 31 January 2024`**
`2024`
`2023`
`£`
`£`
**`65,729`**
`49,436`
**`10,147`**
`7,241`
**`75,876`**
`56,677`
**`774`**
`2,786`
**`62`**
`9`
**`76,712`**
`59,472`
**`12`**
`101`
**`456`**
`-`
**`292`**
`184`
**`9,488`**
`7,648`
**`44`**
`54`
**`6,323`**
`6,582`
**`3,766`**
`3,318`
**`4,064`**
`4,835`
**`17,718`**
`17,014`
**`945`**
`1,277`
**`10,958`**
`38,219`
**`10,535`**
`899`
**`1,167`**
`-`
**`65,756`**
`80,030`
**`495`**
`-`
**`-`**
`50`
**`495`**
`50`
**`954`**
`954`|
|---|---|---|
||||
|||`56,677`
`2,786`
`9`|
|||`59,472`
`101`
`-`
`184`
`7,648`
`54`
`6,582`
`3,318`
`4,835`
`17,014`
`1,277`
`38,219`
`899`
`-`|
|||`80,030`
`-`
`50`|
|||`50`
`954`|
```
This page does not form part of the statutory financial statements
```
```
Page 15
```
```
The Doxa Project Limited
```
|`Total resources expended`
**`Net income/(expenditure)`**|**`Detailed Statement of Financial Activities`**
**`for the Year Ended 31 January 2024`**
`2024`
`2023`
`£`
`£`
**`67,217`**
`81,135`
**`9,495`**
`(21,663)`|
|---|---|
|||
```
This page does not form part of the statutory financial statements
```
```
Page 16
```
## **Virtual Cabinet Portal Digital Signatures**
## **Digital Signature Verification**
You can verify that this is a genuine Virtual Cabinet Document Portal signed document by uploading it to the following secure web page:
https://www.virtualcabinetportal.com/VerifySignedDocument
## **Signature Dates and Times**
All dates and times shown in the signatures below are expressed in Coordinated Universal Time (UTC), which is generally equivalent to GMT. You can find out more about UTC at the following web page:
http://www.virtualcabinetportal.com/WhatIsUTC
## **Signature 1**
Signed by Ben Ryan using authentication code em1lTS9WbjRoVEta at IP address 85.255.235.117, on 2024/10/31 13:00:24 Z.
Ben Ryan's e-mail address is: ben@thedoxaproject.org.