EMPOWER DEVELOP DIGNIFY (A CHARITABLE INCORPORATED ORGANISATION) Charlty Number: 1155922 EMPOWER DEVELOP DIGNIFY UNAUDITED TRusfEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 TANAZ CHADWICK 13 VERULAM AVE PURLEY CR8 3NR
EMPOWER DEVELOP DIGNIFY (A CHARITABLE INCORPORATED ORGANISATION) CONTENTS PAGE nnE PAGE CONTEN15 ftEFEREN AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRusfEES AND ADVISORS TrUSTEES' REPORT srATEMENT OF FINANcL ACTNMES BALANCE SHEEr NOTES TO THE FINANaAL sfATEMENTS 10-14
EMPOWER DEVELOP DIGNIFY (A CHARITABLE INCORPORATED ORGANISATIONJ REFEftENCE AND ADMINISTrATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISORS FOR THE YEAR ENDED 31 DECEMBER 2024 TrUSTEES F RAMJI (CHAIR) S Y LILANI SA SHAMJI S PATEL CHARrrY REGISTERED NUMBER 1155922 PRINapAL OFFI FLAT 3 21 PALACE GATE LONtK)N W8 5LS PREPARAnoN OF FINANCIAL srATEMENT5 TANAZ CHADWICK 13 VERULAM AVE PURLEY CR8 3NR
EMPOWER DEVELOP DIGNIFY (A CHARITABLE INCORPORATED ORGANISATION) TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees present thelr annual report together wlth the financial ststements for the perlod 1st January 2024 to December 31st 2024. The financial ststements comply wlth Ststement of Recommended Prartfse. Accounting and Reporting by Charities preparing their accounts In accordance with the Financoal Reportfng Standard appllcable In the UK and Republlc of Ireland (FRS 102) (effertlve l January 2019) and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charities act 2011. PRINCIPAL AcfiviTIES The principal activities, of the charitsble incorporated organisation is to support charities in East and Central Africa through fundraising through events and use of online channels such as websites and social media and the provision of grants and technical assistance according to our mission, vision, and governing document. STRUCTURE, GOVERNANCE AND MANAGEMENT The company is a charitsble incorporated organisation set up on ioth December 2013 and governed by the constitution as adopted on that date. It received charitsble ststus on 25 February 2014. GOVERNANACE The Trustees ensured effective controls were in place for the management of the charitable incorporated organisation. The Trustees have considered the Charity Commission's general guidance on public benefit in relation to the aims of the charitable incorporated organisation. The report sets out the aims and the objectives and describes how they have been met in the current period. TRusfEES The Trustees of the company were as follows: F Ramji S Y Lilani S A Sharnji S Patel TRusfEES' RESPONSIBILITIES The Trustees are responslble for preparlng the annual return and the financial statements In accordan with applicable law and United Kingdom Accounting stsndards (United Kingdom Generally Accepted Accounting Practise). The law applicable to charities in England & Wales requires the Trustees to prepare financial ststements for each financial period which give a true and fair view of the stste of affairs of
EMPOWER DEVELOP DIGNIFY (A CHARITABLE INCORPORATED ORGANIUTION) the charltable Incorporatlon or8anlsatlon of the Incomlng resources and appllcatlon of resources, Including the Income and expendlture, of the charltable Incorporatlon or8anlsation for that perlod. In preparlng those flnanclal statements, the Trustees are requlred to: Selert sultable accountlng pollcoes and then apply them consistently. Observe the methods and prlnclples of the Charlties SORP; Make judgements and estimates that are reasonable and prudent; State whether applicable UK Accountlng Standards have been followed, subject to any material departures disclosed and explalned in the financial statements; and Prepare the financial statements on the golng concern basis unless it is inappropriate to presume that the charitable Oncorporation organisation will continue in business. The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charlty and enable them to ensure that the financial ststements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2(Y)8 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. REPORT OF AcfiviTES 2024 was a year of consolidation and growth for Empower Develop Dignify (EDD), as the UK Trustees continued to support the expansion and strengthening of EDD Rwanda's educational programs. Below is, a summary of EDD UK'S contributions and the impact on EDD Rwanda. l. Fundraisin and Financial Su ort In 2024, EDD UK focused on strengthening fundraising streams to support EDD Rwanda's growing needs. - Campaigns & Grants: • GlobalGivin& "Little by Little" campaign In Aprll raised $4,000, and Gfving Tuesday in December raised $7,000. • A grant of £9,989 was secured in 2024. - Corporate Donations: Steelrwa Industrles Ltd. donated RWF 10 million In December 2024 to support the school program. - Individuals & Parents: Contributions from families, parents. fees, and indivldua] donors continued to play a vital role. Overall. whlle fundralsing perforniance improved compared to 2023, the Trustees recognize the continued need to diversify income sources and strengthen donor engagemenL
EMPOWER DEVELOP DIGNIFY (A CHARITABLE INCORPORATED ORGANISATION) 2. Pn)gram Expanslon Support The most slgnlflcant achlevement In 2024 was the successful contlnuatlon of EDD Rwanda's school expanslon plan: - Primary School Growth: The school entered its fourth year of operatlons, expandlng Into Primary 2 In September 2024. Total enrolment reached 125 learners across PPI-P2, with an approximately equal girl.boy ratlo. A Head Teacher was hired, alongslde new teaching and support staff, further professlonallzing the school's leadershlp. - Holistlc Education: Teachlng and learning contlnued to emphasize Learnlng through Play and holistic child development, complemented by Contlnuous Professional Development (CPD) for teachers led by the new Head Teacher. - Facilities: Major upgrades were completed, enabling accredltation to offer classes up to Primary 6, as required by the GovernmenL Planned projects Include an outdoor play area, improved toilets (including for specially-abled children), and expansion of library and subjert book resources. 3. Alumnl and Partnership Alumni Sponsorship: By December 2024, EDD supported 27 alumnl students (I In primary, 26 in secondary), with a focus on ensuring continuity ofeducation for vulnerable children. - Teach Rwanda Partnershlp: Tralning and mentoring for new stsff continued, reinforcing EDD as a model school under Teach Rwanda standards. - Government Relations: Accreditation processes advanced significantly, with registration into Rwanda's national educatfion databases (SDMS and CAMIS) completed. enabling access to national exam resources. - New Partnership with Rwandan Orphans Project (ROP): A draft Memorandum of Understanding was finalized in 2024, establishing collaboration for management and support of ROP'S 70 alumni students. The partnership will provide funding for both tuition and a dedicated social worker to support students, academic and social developmenL 4. Looking Ahead EDD UKwill continue to support EDD Rwanda in 2025, focusing on: - Strengthening fundraising and donor engagemenL particularly with corporate and institutional partners. - Supportlng accreditation and compliance with government requirements. - Backing the successful integration of the ROP partnership and expansion of alumni supporL - Enhancing faalities and developing extracurricular programs (art, drama, muslc, sports). - Supporting EDD Rwanda's five-year strategic planning process, scheduled to begin in early 2025. RESERVES POLICY The trustees ensure that sufficient, but not excesslve reserves are held to ensure the CharItS going concern ststus for the foreseeable future.
EMPOWER DEVELOP DIGNIFY (A CHARITABLE INCORPORATED ORGANISATION) FUNDRAISING POLICY The tharfty ralses funds from members of the general publlc, malnly through crowdfundlng using onllne platforms such as Global Govlng and Charltles Ald Foundatlon (CAF) as well as thelr own website. The charlty also occaslonally holds events such as dlnners and art auctions. they don't send any unsollcited correspondence to the publlc and will only contsct previous donors or attendees of events wlth thelr permission. These Indlviduals are always given the option to opt out of any newsletters, emalls or other correspondence and they WOII be unsubscribed from the charities mailing Ilst. Finally, the charlty also applies for grants from larger charities, foundations, trusts and institutions In line with their guidelines and policies. The charity has not received any complaints about its fundraising activities and practices. FINANaAL REVIEW The tharitsble Incorporated organisation's results are shown on pages 8 and 9. Approved by order of the members of the board of trustees and signed on behalf by: S Y ULANI Date:
EMPOWER DEVELOP DIGNIFY (A CHARITABLE INCORPORATED ORGANISATION) STATEMENT OF FINANCIAL ACTIVITES FOR THE YEAR ENDED 31 DECEMBER 2024 UNRESTRicfED FUNDS 2024 TOTAL FUNDS 2024 TOTAL FUNDS 2023 NOTE INCOME FROM: DONATIONS 21024 21024 OTHER I)ONATIONS 51 51 13 TOTAL INCOME 21075 21075 9013 EXPENDITURE ON; CHARtfABLE AcnvmES OTHER 85 l(X)85 85 l(X)85 TufAL EXPENDITURE 10085 10085 NET MOVEMENT OF FUNDS 10991 10991 8953 RECONauATION OF FUNDS: TOTAL FUNDS BROUGHT FORWARD 16608 16608 7655 NEf MOVEMENT IN FUNDS 10991 10991 8953 TufAL FUNDS CARRIED FORWARD 27599 27599
EMPOWER DEVELOP DIGNIFY (A CHARITABLE INCORPORATED ORGANISATION) BALANCE SHEET AS AT 31 DECEMBER 2024 Nots 2024 2023 Current Assets Debtors 27599 27599 16608 16608 Credltors: amounts falling due withln one year l(X)85 Net Current assets 27599 Totsl Net Assets 27599 Charlty Funds Unrestricted funds 27599 27599 Total fvnds The financial statements were approved and authorised by the Trustees and signed on their behalf bv: S Y Ulano Date:
EMPOWER DEVELOP DIGNIFY (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE FINANaAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 l. General Inforniatlon The entlty Is a charftable Incorporated organlsatlon reglstered In England and Wales, charfty number 1155922. It Is reglstered at Flat 3, 21-23 Palace Gate, London, W8 5LS. The prlnclpal actlvlty of the charlty durlng the year remalned the support of charltles In East and Centrdl Afrka. The financlal ststements hab* been prepared In GBP and all amounts are rounded to the nearest £. 2. Accountlng polides Basls of preparation of financlal ststements The financlal ststements have been prepared In accordance wfth the Charfties SORP (FRS 102)- Accounting and Reportlng by Charitles: Ststement of Recommended Prdrtlce appllcable to charities preparlng their accounts In accordance with the Flnancial Reportlng Standard appllcable In the UK and Republk of Ireland (FRS 102) (effertlve l January 2019), the Flnanclal Reportlng Standard applicable In the UK and Republic of Ireland (FRS 102) and the Charities Art 2011. The flnancial statements have been prepared to glve a 'true and falr vlew and have departed from the Charitles (Accounts and Reports) Regulatlons 2008 only to the extent required to ptt>vide a 'true and falr. vlew. This departure has Involved following the Charltles SORP (FRS 102) publlshed In Ortober 2019 rather than the Accountlng and Reportlng by Charitles: ststsment of Recommended Practice effertlbf from IApril 2005 which has since been withdrdwn. Empower Develop Dignlfy (a charitsble Incorpordted organlsatlon) meets the deflnitlon of a publlc benefit entity under FRS 102. Assets and Ilabilitles are initially recognlsed at historkal cost or trdnsartlon value unless otherwlse stated In the relevant accountlng policy. Golng concern Based on thelr assessment of the charity's finances and general clrcumstsnces, the trustees are of the opinion that the charlty Is a goln8 concern for at least 12 months followlng the dats on which the balance sheet was slgned. Income All Income Is recognlsed once the charlty has entitlement to the Income, It Is probable that the Income wllj be received, and the amount of income recelvable can be measured rellabty. 10
EMPOWER DEVELOP DIGNIFY (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE FINANaAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2. Accountlng pollcles (contlnued) Expendlture Expendlture Is recognlsed once there Is a legal or construrtfve obllgatlon to transfer economlc beneflt to a thlrd party, It Is probable that a transfer of economlc beneflts wlll be requlred In settlement and the amount of the obligatlon can be measured rellabty. Expendlture Is classlfled by actlvlty. The costs of each artfvlty are made up of the totsl of dlrert costs and shared costs, Includlng support costs Involved In undertaklng each artlvlty. Dlrect costs attrlbutsble to a slngle artlvlty are allocated dlrectly to that artfvlty. Shared costs whkh contrlbuts to more than one artlvlty and support corts whlch are not attrlbutable to a slngle are apportloned between those artlvftles on a basls conslstent wlth the use of resources. Central stsff costs are allocated, on the basls of dme spent, and depreclatlon charges allocated on the portlon of the asset's use. Expendfture on charftable activltfes Is Incurred on dirertly undertaklng the artfvltles whlch further the charlty's objectfves, as well as any associated support costs. All expendlture Is Inclusfve of Irrecoverable VAT. Taxatlon The charlty Is consldered to pass the tests set out In Paragraph I Schedule 6 of the Flnance Art 2010 and therefore It meets the definltk>n of a charltsble company for UK corporatlon tsx purposes. Accordingty, the charity Is potsntfalty exernpt from taxatlon in respert of Income or capitsl galns recelved wlthln categorles covered by Chapter 3 Part l of the Corporation Tax Art 2010 or Sectlon 256 of the Taxatlon of Chargeable Galns Act 1992. to the extent that such income or gains are applied excluslvely to charitsble purposes. Cash Flow Exemptlon The accounts do not Include a cash flow ststement as the charlty Is small and therefore exempt from the requlrement to produce such a ststemenL Debtors Trade and other debtors are recognlsed at the settlement amount after any trdde dlscount offered. Prepayments are walued at the amount prepald net of ary trade dlscounts due. 11
EMPOWER DEVELOP DIGNIFY (A CHARITABLE INCORPORATED ORGANISATIONJ NOTES TO THE FINANaAL STATEMENT5 FOR THE YEAR ENDED 31 DECEMBER 2024 2. Accountlng polkles (contlnued) Llabllltles and provlslons Llabllltles are recognlsed when there Is an obllgatlon at the Balance sheet date, as a result of a past event, It Is probable that a transfer of economlc benefit wlll be requlred In settlemen( and the amount of the settlement can be estlmated reliabty. Liablllties are recognlsed at the amount that the charlty antlclpatss It wlll pay to settle the debt or the amount It has recelved as advanced payments for the goods or servlces tt must pNNkle. Provlslons are measured at the best estlmate of the amounts requlred to settle the obllgatlon. Where the effect of the t6me value of money Is materlal. the provlslon Is based on the present value of those amounts, discounted at the pre-tax discount rate that reflerts the risks speclfic to the Ilability. The unwindlng of the dlscount Is recognosed In the Statement of financlal actlvitles as a finance cosL Flnanclal Instruments The charity onty has financlal assets and financlal Ilabllities of a kind that quallfy as baslc financlal instruments. Baslc financlal Inrtruments are Inltlalty recognlsed at transartoon alue and subsequently measured at thelr settlement walue, with the exceptlon of bank loans whkh are subsequently measured at amortlsed cost using the effective Interest method. Fund accounting General funds are unrestrfrted funds which are available for use at the discretlon of the Trustees In furtherance of the generdl objeckn of the charlty and which have not been designated for other purposes. 3. Crltlcal accountlng estlmates and areas of Judgment Estlmatss and Judgments are continually evaluated and are based on hlstorfcal experfence and other fartors. Oncluding expertatlons of future events that are believed to be reasonable under the clrcumstsnces. Crltlcal accountlng estlmatss and assumptions: The charlty makes estimates and assumptlons concernlng the future. The resultlng accounting estlmates and assumptions will, by deflnltlon. seldom equal the related artual results. However, the trustees are of the opinlon that there are no estlmates and assumptions that have a significant risk of causlng a materlal adjustment to the carrying amounts of assets and liabilitles withln the next financlal year. 12
EMPOWER DEVELOP DIGNIFY (A CHARITABLE INCORPORATED ORGANISATIONJ Income from donatlons and legacles Unrestrlcted funds Total Funds 2024 2024 Donations 21076 21076 Donations (2023) 9013 9013 5. Analysis of expenditure by activities Activities undertaken directly 2024 Support costs Totsl Funds 2024 2024 Overseas supports and Governance costs Bank charges 85 TOTAL 2024 85 ICK)85 Activities undertaken directly 2023 Support costs Totsl Funds 2023 2023 Overseas supports and Governance costs Bank charges TOTAL 2023 13
EMPOWER DEVELOP DIGNIFY (A CHARITABLE INCORPORATED ORGANISATIONJ Trustees, remuneratlon and expenses Durln8 the year, no Trustses recelved any remuneratlon or other beneflts (2024 - £NIL). Durlng the year ended 31 December 2024, no Trustee expenses have been Incurred (2024 - £NIL). Debto 2024 2023 Due within one year Other debtors 27559 16668 Creditors: amounts failing due within one year 2024 2023 Accruals and deferred income 10085 Guarantees The trustees confirm In accordance with the Charitable Incorporated Organisation (General) Regulations 2012 that, at the period end, Empower Develop Dignify did not have any outstsnding guarantees to third parties nor any debts secured on its assets. 10. Members, liability Empower Develop Dignify is a charitsble incorporated organisation constituted by a trust deed. Under that trust deed, the trustees do not have a liability to contribute toits assets. 11. Related party transactions There were no related party transactions during the year (2024: None). Trustees, remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2024- £NIL). During the year ended 31 December 2024, no Trustee expenses have been incurred (2024 - £NIL). 12. Funds The charity only has unrestricted funds. All amounts included In these financial statements therefore represent unrestricted, general funds. 14