LFM PRIVATE & CONFIDENTIAL MrHKSmith Engineers FN Change (Sierra LecKte) 28 Lodge Close Stoke D'Abemon Cobham Surrey Kf112SQ LFM The Si•bles 23b Lenien Strttt Altofl H•rnpshir• GU34 IHG Our Ret. MEIWRIK05235 Pln*wood Studlos Room 108 Admin 8uildln8 Plnewood Ro•d l¥•r H••th SLO ONH 13 January 2028 1)8ar Henry, A3 requested. please fmd enck)sed thè sKJned accwnts ts Engineern For Change {&err3 Leone) T: 01420 590660 E: Inlo•lfffli•.¢o.uk W: Ifrnc•.co.uk Yourn 8incffety IF LFM PARTNERS I$ FCCA ali FCCA Ti)ni 14ason FCA
30 Aprll 202S Compw 804fA13 Th¢ Stlbl HiPShirt au34 IHO
Pa8¢ 1 GINEERS FOR CHANGE (SIERRA LEONE) FINANCIAL STATEMENrs YEAR ENDED 30 Aprll 2025 PAGE Lxpl and administsl¥e detsi R¢pt of die TfuAees
DIREcfoRmUSTEES R M A (lordc HKSmith M Willi•ns M N Whitinc41 T Mor8an Y Stevens Puieh REGISTERED OFFICE 28 dEe C109e Sth D'Aberwi 1152627 COMPANY REGisfRATION 8049213 AccouKfA Tr st8 Ahon HArnpshi GU34 IHG
Page 3 ENGINEERS FOR CHANGE ISIERRA LEONE) REPORT OF THE TRusfEES FOR ThE YEAR ENDED 30 APRIL 2025 A11 2025. The orBaniMtion li a ¢hvitsble limittd by 27 Apfil 2012 wxl rc8is¢¢Ted as a Charity on 27 Jun¢ 2013. The ¢Thnpany establ1thl under a MrAnorwth of Associalion which identifKd the obie¢ts povds of the ¢(xnpny and the comFany is 8ov¢rned under its Articla of Assc¢iatithi. In the evenl of its Ixin8 up the memkn rcquircd to contribute an amount n( ¢x¢¢¢din8 £1. The obj¢¢¢iva of the cJMrity ffe eIts1( In wialD8 relkna dixiplints to tho Modeb and OpFvtsmities for Univ¢rsffy Engiwin8 Educ100) woie¢t which started la yev. RAE provided 4 8r•nt of £llTh and FSine5 f(r Change (Sim L(me) Mxked partsKrnhip with the Faculty of En8ineerin8 and Architrcture the University of Sierra L(8 IUSLk Imperial College London knd tsvo Regional Univcrsities in Sub Saharn Africa. The project led by Prof. Kelleh Gbawuru Mansarny, Vic¢ ChCellOr of Fourth Bay Colk8@ Univenity of Sierrn Ixone. The aim is to enhanc¢ alw1n8 education In Sierrn Lone by inte81n8 industry4Axd woblem-sofvin8 into the curriculum. Th¢ w)je¢t involved d renewable eTy. ofessiofial work IPD (Initial Professi1 D¢velopnatt) Th¢ SclMie vknich sthrtal in 21Y20 continues to Slowly gain f¢yXhold. Thtte is now have a 'loose netwyxk. of 70 pl Developin8 Engine5 and Technicians airnin8 * the 9 Comp&ency Attrikn set by SLIETrERC for either F4inery Technicia lnwPxat or Chartued E81cer kv¢l& Develop plans and Und t£tivilies with the aim of gthig up a local NGO in Siena Ine. Continued to deliver a wo8rwnme of CPD ¢(xneJ to mernben of th• Sien Ixone In*ittrti of En8ine¢rs. Bidding for grants frThn intern#ional to 3w>port the of the ¢hArity in Sim The ELMO Project IlIY en84¢d 80 uwirn¢Ying SnMluNs in 10 industy.led woj 8thMing their ObleM.101VIns and kPI•¢¢ rradiness 11¢ a¢hievin8 a projected 40% Learnin8 Handbfy)k was developed for int¢8rntirn into the 2025n6 curriculum. wpported by I[u5trY partners also &livefed IlUTel and mentorship. The Jxoiect delive n8ible Innov1(1 prfftoted 8end¢r inch10n with 50% femth Wtici and Iwlft
Page 4 EifsL ¢onduded its first Mcntor Trninifig Workshop for M4na8m EGTC (El¢ctricity Gcneralion and Trnnsmission Company) in Sierra 1x(e. The Sunda), 0 Menicelmenior Forum has Iwi Sus •nd a r¢lalionship esthblished with the SLIE Youn¥ E."n8ineers Professional Forum with the intenlion of encourngin8 than lo ¢sblISh a reBuknr Drcp in Event al8 similar line& REVIEIV OF FlIYAliCIAL POSITIONI FOR TFIF YF.AR I'hc charitv's financial 51[lon th¢ year w35 Salisfxtory. li has *qu¢ r¢s¢rYes lo wnlinue for Ihe foreseeable fuiurc. RF..SF.RVFS The Charity does have any rese holdin& Funds held by the charity are reslri¢ied funds for the ongoing RAE wojecl a1 for tk runnin8 Cost ofthe chvity. 5%ltll.l. CO%fPA%'Y F.XF.MvrioYs "Il)is ha5 bLLn prcpiirid in aiCL)r(lance with the ryvvisions •pplicable lo companies eniiiled to the small c(wnpanie5' ex¢mpti(m. Approved by the trustees on 2 IY W4nd signd on their behalf by: Dircclorrrrumee R¢gi%leYtd oifice ?8 1.1)dge Closc Siokc D'Abernon Cobham. Surr¢y KTI12SQ
Pa8e 5 F.)GTNF.F.RS FOR l,1cF. (SIFRRA LF.OYE) INDEPF.YDF.%T EXAIIIIER'S RF.PORT FOR THE YF.¥lR F..%DF.D 30 ,IPRIL 2025 We reFx)n on the financial sialements of the c(xnw for the year ended 30 April 2025 thich are sel oul ( PJ8e$ 6 to 9. RF.SPONSILRILITES AND BASIS OF RF.PORT As the charil%' trnslees of ihe companv (and also its dire¢lors for ihc purwscs of company lai¥) )'ou a rcsponsiblL for ihc prera11 of the accounts in •cwrdan¢e with the Tcquir¢ments of ihe CompAnies A¢1 1006 ('Ihe 7006 #lcl. Havin8 salisfied myself thai ihe a¢Unts of the aNnpany are not Twuld io be audited under Part 16 of ihe ?006 Act and are eligible for ind¢p¢nd¢ni examinatio I r¢p)rt in resppt of m> examinalion of )'oiir compan) s xcounis as rarried oui under section 145 of ihe Chariiics Aci 2011 ('Ihe 2011 Acl.). In carry'in8 out my examination I havc followed the Directi 8iYcn b), the Chariiy Commission un&r seclii 145(SXb) of thL. ?01 l Act. INDEPEYDEYT EXAMINER'S sfATF.MEKr I h8V¢ c(Nnpleted my examinilion. I confirni thai no manerj have c(Yne to my anention in comicction with Ihe examinalion 8i%'in8 m¢ ¢ause io belici'e ihai in any malLYial respect: • coUntIng rec41rds wrr¢ kept in respe¢1 of the company as required by stiOn 386 orth¢ 2006 Aci: IY • the acwunts do accord with those record&" ( the ac¢ounis do complv lih ihe Ioun11n8 requirements of sli0n 396 ofthe ?006 Act oiher than anv requiremcnl Ihal the accounis give a 'tr fair view. which is n(x a matler ConSeTed as part of an indepcndeni e.xaminalion: or . the accoun15 hav¢ noi wepared in a¢Cryd wilh the methots WMI principks of the Stsiemenl or Recommcnd¢d Prnctlce for accounling and reportin8 by ¢hariti¢s, I have no M¢¢M% Ind have come xyoss no matters in eonn¢cli(ffi the e.xamination to which atieniion slKMld be drnwn in this reFvrt in order Uble a prow underswKlin8 of the accounts io be LFM Chartered Certified Accountanis Th¢ Stablrs ?3b Lcnlen Street Alion Hampshire GU34 1 HG Dat¢: 2"4- 1)ECt M ReA 202r
ENGINEERS FOR CHANGE (SIERRA LEONE) (ThCLUDING INCOME AND EXPENDrruRE ACCOIIN Tolil 2025 Totsl 2024 COME Fund raising donations Members donations Gift aid ' Royal Ac•dany of En8iwn8 3,105 343 261 261 2L193 749 21h41 EXPENDrruRE Charitable xtivitses 27,083 20J51 N¢t movoneirt in fuods (1.689) lJ55 (334) Fund bAlance at l M•y 2024 FUNDS BALANCES at 30 APBIL 2025 7J19 IU75 23.494
Page 7 F.GI.NF.ER5 FOR CHANGE ISIERRA LEOYE) BALA%CE SHEET AT 30 APRIL 2025 Nolcs 2025 2024 cuRREr Assrrs Cash ai bAnk and in hand 24.394 24.T28 CRF.DITORS Amounlj falling due w'iihin one )"fr NF.T CURRENT A&SFTS 23 NF.T Assrrs 23,494 23028 Unrestricied funds Restriffled funds 7.819 9.508 TOTAL FUNDS 2.1.494 23J128 The ¢ompanv enlitled io exemNion fn)m a111 s477 of the C(xnpnies Aci 2006 rel1n8 lo small companies. The members hai'c n(A rrquired ihe c(xnpiny to otrfaln w audlt In Kcothnce with seclion 476 of the compani Act ?006. Th¢ dir¢ctor5 xknowledge iheir resry)nsibiliiies for complying with the requirements of the CThnpanies Acl with resm io aCcni1n8 rffords And the rniion of accourt These financial sthiements have been ePared in accorda with the provisions applible lo ynall cThnpanies subieci io ihe small comwiej. re8ime and in accLrdaKe iih FRS Iiri SORP. Signed on behalf of the irusle¢s H K Smith - Director Companv regi51ration numbcr 804913 The notes on page$ 8 kn 9 forni PAn ofthese fllwKial A8i¢m¢nl
Page 8 ENGINEERS FOR CHANGE (SIEBRA LEONE) I. GENERAL llYFORMATION The ¢1lty is a privat¢ company Ilmited by 8Urt regixered in En81Thl and Wths a ree charity in England 4NI Wales. The address of the (cered offic¢ li 28 Lod8e Close. Stoke D'Atxrn Cobham. Surrey, KTI12SQ. 2. SfATEmEr OF COMPLIANCE These fInarK1 stat¢m¢nts hve bem Fryrnl ffl cThnpliwbee wlth FRS 102 'The Financi R¢prtln8 Stsndard applieable to the UK and Republic of Irelarf the Statm¢nt of RQmMended Prnl¢¢ applicabk io charities wewin8 their ac£¢Nints in #uxdance with the Financial Rwtin8 StsTrArth applicable in th¢ UK INI Rewblic of IrelAnd (FRS 102) (awilia SORP {FRS 102) tt Act2011. Engin¢us for aMn8e (Sim L4LTh) meets the defmition of a public benefit entity unts FRS IW2. AccoiIKfiNG POUCIF BMI¥ of •eeo•Ad The financial ststements hav¢ under the h1ttl1 •¢ Iwi4 u modified by r¢valU1¢ of c¢rtain finaKial liabilitia Meas •t faff v•lu¢ thsh incune Judgeryheots ••d kry go•rre ofesdmadoj un¢ertalJty The prepar•tion of the fin•Aci ststements require¥ mana8anent make jud8an¢nt& estimates and 5umMions affe£t the amounts rH)OrtfAI. Thex estim and Jud8Cnts are ¢ontinualty reviewtd to be reuonable under the CirlMs. DoDA150 t>)nated iome is received by Y ord<Ynit and ft5 and is I1j in full in the of Fin•ncial Activities in the year in 1¢h they WE re1vIble. Unrutrlcted fl19 Unrestricted fvnds •re donations or other ittome rec¢ivd or 8•W•toa for the obie¢ts of the charity
Pa8e 9 ENGINEERS FOR CHANGE (SIERRA LEONE) Unr¢t£d UnreJtrl¢ted TotAI Totsl 2024 17J13 216 &130 2J70 197 197 476 912 Freight shippin8 Is 20 27 S EMPLOYEES The avw number of PunI anplOY ty the ¢CthPAny dwin8 the amounted to Nil (2024: Nil). Durin8 the yetr (me Tnthe receiveAI a12312024: £NIL) fcr wvicu wovided to the Charity in respect of reStr1d wijrxt costs. All of these (2024: £NIL) Th%re in It11 10 1ml1ed CXF4klitiJr¢ to LXtrin8 the yev tnutea. dcfjltions tlled £1.695 (W24: Q740). There *re no othtr reltrd pthy 7 CREDrroiL8: Am•u•ts tsllln8 d•e wllhlN ow year 2¢n4 Restriaed fijnds art frNn Royal AcY of En8in¢#in8 and i¥ a Grwrt to the SLIE (Sim InXitutiX of Enginem) with xxne Truxees of EICSL nknioj •5 Awardees in cltraCL ESL li maMgin8 th¢ holdin8 Kcouni for tlw cAher UK within the