FUTURE FACES TRUSTEES ANNUAL REPORT 01 01 2024 to 31 12 2024
Registration Number and Address
1155736 198 West Way, Broadstone, Dorset, BH18 9LL
Company Number and Registered Office
08660422 6 Upper Golf Links Rd, Broadstone, Dorser, BH18 8BU
A Declaration of Trust was signed by the four original Trustees in March 2006. The Charity and Company is governed by Memorandum and Articles Incorporated 22 August 2013
The Trustees are people with an interest in the cleft deformity, either as medical professionals or as parents of children with the deformity, or have experience in business, publishing, the legal profession and civil service and have been recruited on that basis.
Current and interest bearing bank accounts are maintained with HSBC. The Charity has an agreed reserves policy and an agreed annual expenditure. No funds are held as custodian funds on behalf of others
There is no delegated management. The accounts have been the subject of an Independent Examiners Report by Mr David Ridley FCA of 6 Upper Golf Links Rd, Broadstone, Dorset, BH18 8BU
Policies for the training of Trustees have been agreed. An updated safeguarding policy has been agreed and adopted and training undertaken.
A business plan and strategic plan have been agreed. All operational decisions are taken by the Trustees.
The main objective for 2024 has been to further develop the aims of the Charity.
A significant project was established in Janakpur, Nepal, in 2017, where we have built and developed a craniofacial centre. This project met the main aims of the charity, to teach, train and develop local professionals to provide services for people with cleft lip and palate, other craniofacial deformities, craniomaxillofacial trauma and oral cancer, and to achieve optimum and sustainable outcomes in the long term. We continued to financially support this project but have now withdrawn funding as the centre has become a Smile Train partner from which it will derive adequate funds for it to function and provide the services for which it was designed.
We have started to develop the project in in Tanzania at the Bugando Medical Centre, in Mwanza. This is in cooperation with a Spanish NGO, FECS. This NGO has the same aims as Future Faces.
The Bugando Medical Centre is the second largest hospital in Tanzania and serves a population of about 20 million people, one third of the Tanzanian population. It serves especially large rural regions around Lake Victoria, where cranio-maxillo-facial care is virtually non-existent. So far, many of these patients die, or survive with severe sequelae and stigmata, due to pathologies that would have a solution in our environment.
In agreement with the BMC, we have decided to develop this Craniomaxillofacial Multidisciplinary Unit in order to establish a long-term sustainable service for patients with cranio-maxillofacial pathologies to have access to a comprehensive treatment programme at this Hospital. The first phase of this development was to provide training for two surgeons form BMC, one ENT and one maxillofacial, to undertake overseas training. To this end, from June - September 2024, they joined the Craniomaxillofacial service at two teaching hospitals on Madrid, Spain. From October – December 2024, they joined the Maxillofacial/head and neck services at Queen Victoria Hospital, East Grinstead. Their training will continue at the GSR Hospital for Craniofacial Surgery in Hyderabad, India, in 2025
Additionally, we have agreed to collaborate with Professor J Dhanda at Queen Victoria Hospital and Brighton University Medical School on a virtual reality training project which has now been introduced to all medical schools in the UK. This will provide specific training opportunities remotely with the installation, during 2025, of the appropriate equipment.
Guidance and participation in establishing new centres is of great importance, and once established, there is a continuing need for on-going training programmes and infrastructure support. We have funded and continue to fund training fellowships of variable duration between one and twelve months in Hyderabad, and Trissur, India, with further funding offered to professionals to spend time at centres of excellence in Europe, with reasonable expenses paid. We have established a number of centres in India and given assistance to others in east Europe and east Africa and continue to provide support and on-going education.
We have regular meetings of the Trustees to consider projects, requests for assistance and funding.
Financial Review
We have received funds which have supported development plans to date, putting the Charity in a position to work towards establishing and achieving its primary objectives.
Signed:
A F Markus, Chairman of the Trustees Oak House, Oakfield St., Blandford, Dorset, DT11 7EX
6[th] March 2025
T: 07770 226141 E: enquiries@futurefaces.org.uk W:www.futurefaces.org.uk Charity Commission 1155736
Registered number: 08660422
FUTURE FACES DIRECTORS' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Future Faces Contents
| Future Faces Contents |
|
|---|---|
| Page | |
| Company Information | 1 |
| Directors' Report | 2—3 |
| Accountant's Report | 4 |
| Income and Expenditure Account | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 8 |
| Future Faces | |
|---|---|
| Company Information | |
| For The Year Ended 31 December 2024 | |
| Directors | Ms Emily Bueno |
| Mr Anthony Markus | |
| Mr Paul Nicholas | |
| Mr Nathan Romeo | |
| Dr Peter Sander | |
| Mrs Rosemary Watts | |
| Mr Philip Worley | |
| Mr Phillip Wray | |
| Company Number | 08660422 |
| Registered Office | 6 Upper Golf Links Road |
| Broadstone | |
| Dorset | |
| BH18 8BU | |
| Accountants | David Ridley Consultancy |
| 6 Upper Golf Links Road | |
| Broadstone | |
| Dorset | |
| BH18 8BU |
Page 1
Future Faces Company No. 08660422 Directors' Report For The Year Ended 31 December 2024
The directors present their report and the financial statements for the year ended 31 December 2024.
Directors
The directors who held office during the year were as follows:
Ms Emily Bueno Mr Anthony Markus Mr Paul Nicholas Mr Nathan Romeo Dr Sunil Sah Resigned 07/10/2024 Dr Peter Sander Mrs Rosemary Watts Mr Philip Worley Mr Phillip Wray
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgments and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 2
Future Faces Directors' Report (continued) For The Year Ended 31 December 2024
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr Anthony Markus Director 28 February 2025
Page 3
Future Faces Accountant's Report For The Year Ended 31 December 2024
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Future Faces for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Future Faces for the year ended 31 December 2024 which comprise the Income and Expenditure Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Future Faces , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Future Faces and state those matters that we have agreed to state to the directors of Future Faces , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Future Faces and its directors, as a body, for our work or for this report.
It is your duty to ensure that Future Faces has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Future Faces . You consider that Future Faces is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Future Faces . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
28 February 2025 David Ridley Consultancy 6 Upper Golf Links Road Broadstone Dorset BH18 8BU
Page 4
Future Faces Income and Expenditure Account For The Year Ended 31 December 2024
| For The Year Ended | 31 December 2024 | ||
|---|---|---|---|
| 2024 | 2023 | ||
| Notes | £ | £ | |
| TURNOVER | 40,415 | 78,566 | |
| Cost of sales | (38,720 ) | (43,670 ) | |
| GROSS SURPLUS | 1,695 | 34,896 | |
| Administrative expenses | (1,431 ) | (1,372 ) | |
| OPERATING SURPLUS | 264 | 33,524 | |
| Other interest receivable and similar income | 1,819 | 1,438 | |
| SURPLUS FOR THE FINANCIAL YEAR | 2,083 | 34,962 | |
| The notes on page 7 form part of these financial statements. |
Page 5
Future Faces Balance Sheet As At 31 December 2024
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Cash at bank and in hand | 106,285 | 104,174 | |||
| 106,285 | 104,174 | ||||
| Creditors: Amounts Falling Due Within One Year | 4 | (610 ) | (582 ) | ||
| NET CURRENT ASSETS (LIABILITIES) | 105,675 | 103,592 | |||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 105,675 | 103,592 | |||
| NET ASSETS | 105,675 | 103,592 | |||
| RESERVES | |||||
| Other reserves | 31,274 | 31,274 | |||
| Income and Expenditure Account | 74,401 | 72,318 | |||
| MEMBERS' FUNDS | 105,675 | 103,592 |
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. On behalf of the board
Mr Anthony Markus Director 28 February 2025
The notes on page 7 form part of these financial statements.
Page 6
Future Faces Notes to the Financial Statements For The Year Ended 31 December 2024
1. General Information
Future Faces is a private company, limited by guarantee, incorporated in England & Wales, registered number 08660422 . The registered office is 6 Upper Golf Links Road, Broadstone, Dorset, BH18 8BU. The company is a registered charity number 1155736.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
4. Creditors: Amounts Falling Due Within One Year
| 4. Creditors: Amounts Falling Due Within One Year | ||||
|---|---|---|---|---|
| 2024 | 2023 | |||
| £ | £ | |||
| Trade creditors | 610 | 582 |
5. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 7
Future Faces Detailed Income and Expenditure Account For The Year Ended 31 December 2024
| 2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| TURNOVER | ||||
| Donations | 40,415 | 78,566 | ||
| DONATIONS MADE | ||||
| Sponsorship | 4,450 | 3,000 | ||
| Nepal Centre | 21,000 | 37,030 | ||
| Computers and equipment | - | 3,640 | ||
| Tanzania Centre | 13,270 | - | ||
| (38,720 ) | (43,670 ) | |||
| GROSS SURPLUS | 1,695 | 34,896 | ||
| Administrative Expenses | ||||
| Website costs | - | 162 | ||
| Accountancy fees | 599 | 570 | ||
| Bank charges | 719 | 387 | ||
| Sundry expenses | 13 | 13 | ||
| Fundraising fees | 100 | 240 | ||
| (1,431 ) | (1,372 ) | |||
| OPERATING SURPLUS | 264 | 33,524 | ||
| Other interest receivable and similar income | ||||
| Bank interest receivable | 1,819 | 1,438 | ||
| 1,819 | 1,438 | |||
| SURPLUS FOR THE FINANCIAL YEAR | 2,083 | 34,962 |
Page 8
Registered number: 08660422
FUTURE FACES DIRECTORS' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Future Faces Contents
| Page | |
|---|---|
| Company Information | 1 |
| Directors' Report | 2—3 |
| Accountant's Report | 4 |
| Income and Expenditure Account | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 8 |
Future Faces Company Information For The Year Ended 31 December 2024
| Directors | Ms Emily Bueno |
|---|---|
| Mr Anthony Markus | |
| Mr Paul Nicholas | |
| Mr Nathan Romeo | |
| Dr Peter Sander | |
| Mrs Rosemary Watts | |
| Mr Philip Worley | |
| Mr Phillip Wray | |
| Company Number | 08660422 |
| Registered Office | 6 Upper Golf Links Road |
| Broadstone | |
| Dorset | |
| BH18 8BU | |
| Accountants | David Ridley Consultancy |
| 6 Upper Golf Links Road | |
| Broadstone | |
| Dorset | |
| BH18 8BU |
Page 1
Future Faces Company No. 08660422 Directors' Report For The Year Ended 31 December 2024
The directors present their report and the financial statements for the year ended 31 December 2024.
Directors
The directors who held office during the year were as follows:
Ms Emily Bueno
Mr Anthony Markus
Mr Paul Nicholas
Mr Nathan Romeo
Dr Sunil Sah Resigned 07/10/2024 Dr Peter Sander Mrs Rosemary Watts Mr Philip Worley Mr Phillip Wray
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgments and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 2
Future Faces Directors' Report (continued) For The Year Ended 31 December 2024
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr Anthony Markus
Director
28 February 2025
Page 3
Future Faces Accountant's Report For The Year Ended 31 December 2024
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Future Faces for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Future Faces for the year ended 31 December 2024 which comprise the Income and Expenditure Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-andguidance.
This report is made solely to the directors of Future Faces, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Future Faces and state those matters that we have agreed to state to the directors of Future Faces, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Future Faces and its directors, as a body, for our work or for this report.
It is your duty to ensure that Future Faces has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Future Faces. You consider that Future Faces is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Future Faces. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
28 February 2025
David Ridley Consultancy 6 Upper Golf Links Road Broadstone Dorset BH18 8BU
Page 4
Future Faces Income and Expenditure Account For The Year Ended 31 December 2024
| Notes TURNOVER Cost of sales GROSS SURPLUS Administrative expenses OPERATING SURPLUS Other interest receivable and similar income SURPLUS FOR THE FINANCIAL YEAR |
2024 £ 40,415 (38,720) 1,695 (1,431) 264 1,819 2,083 |
2023 £ 78,566 (43,670) |
|---|---|---|
| 34,896 (1,372) |
||
| 33,524 1,438 |
||
| 34,962 |
The notes on page 7 form part of these financial statements.
Page 5
Future Faces Balance Sheet As At 31 December 2024
| Notes CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 4 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS RESERVES Other reserves Income and Expenditure Account MEMBERS' FUNDS |
2024 £ £ 106,285 106,285 (610) 105,675 105,675 105,675 31,274 74,401 105,675 |
2024 £ £ 106,285 106,285 (610) 105,675 105,675 105,675 31,274 74,401 105,675 |
2023 £ £ 104,174 104,174 (582) 103,592 103,592 103,592 31,274 72,318 103,592 |
2023 £ £ 104,174 104,174 (582) 103,592 103,592 103,592 31,274 72,318 103,592 |
|---|---|---|---|---|
| 106,285 (610) |
104,174 (582) |
|||
| 105,675 | 103,592 | |||
| 105,675 | 103,592 | |||
| 31,274 74,401 |
31,274 72,318 |
|||
| 105,675 | 103,592 |
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr Anthony Markus
Director
28 February 2025
The notes on page 7 form part of these financial statements.
Page 6
Future Faces Notes to the Financial Statements For The Year Ended 31 December 2024
1. General Information
Future Faces is a private company, limited by guarantee, incorporated in England & Wales, registered number 08660422. The registered office is 6 Upper Golf Links Road, Broadstone, Dorset, BH18 8BU. The company is a registered charity number 1155736.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
4. Creditors: Amounts Falling Due Within One Year
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Trade creditors | 610 | 582 |
5. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 7
Future Faces Detailed Income and Expenditure Account For The Year Ended 31 December 2024
| 2024 | 2024 | 2023 | 2023 | |
|---|---|---|---|---|
| TURNOVER Donations COST OF SALES Sponsorship Nepal Centre Computers and equipment Tanzania Centre GROSS SURPLUS Administrative Expenses Website costs Accountancy fees Bank charges Sundry expenses Fundraising fees OPERATING SURPLUS Other interest receivable and similar income Bank interest receivable SURPLUS FOR THE FINANCIAL YEAR |
£ 4,450 21,000 - 13,270 |
£ 40,415 (38,720) |
£ 3,000 37,030 3,640 - |
£ 78,566 (43,670) |
| - 599 719 13 100 |
162 570 387 13 240 |
|||
| 1,695 (1,431) |
34,896 (1,372) |
|||
| 1,819 | 1,438 | |||
| 264 1,819 |
33,524 1,438 |
|||
| 2,083 | 34,962 |
Page 8