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← Stand

2025-03-31-accounts

Annual report

1 April 2024 - 31 March 2025

STAND | We Walk Together Registered in England, charity number 1158697

TABLE OF CONTENTS

LETTER FROM DIRECTOR 3 MISSION & 4-5 VISION STRATEGY 6 WHERE WE WORK 7 HIGHLIGHTS 8-9 JENIFER’S 10 STORY GOVERNANCE 11-12 GET LEGS 13 FUNDRAISING 14

TRAINING & SERVICES 15-16 PEER SUPPORT 17 & COUNSELLING COMMUNITY 18-19 GROUPS LETTER FROM 20 THE CHAIR STRUCTURE, GOVERNANCE 21-22 & MANAGEMENT FINANCIAL REVIEW 23-24 STATEMENT OF TRUSTEES’ 25 RESPONSIBILITIES REFERENCE & ADMINISTRATIVE 26 DETAILS

AUDIT REPORT 27-30

FINANCIAL 31 STATEMENTS

STAND Annual Report 2024-25

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Table of contents

LETTER FROM THE DIRECTOR

This has been a year of constraints, resilience and possibility. Across the sector, funding pressures deepened, yet at STAND we focused on what matters most: giving people living with limb loss not only survival, but opportunity.

We began our largest institutional grant, an EU programme in The Gambia. Prosthetic legs remain at the heart of our work, and in 2024/25 we helped over 1,500 people walk again. But we have also learnt that mobility alone does not remove stigma or restore livelihoods. That is why economic empowerment now sits alongside mobility. Training, mentoring and small loans open doors to independence.

When I visited The Gambia in 2024, I met Nyima, a person with limb difference

who inspires strength in her community. She volunteers as counsellor for new amputees, supports the ladies group with business training and loans, and studies International Relations at the University of The Gambia. Respected and resilient, she captures the spirit of STAND.

Her story reflects the direction of our mission, to help amputees achieve mobility, dignity and economic freedom. I hope the stories in this report inspire you as much as they do me.

Phil Tunstall Director phil@stand.ngo

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Nyima: opening STAND’s
Gambian office.
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Letter from Director

STAND Annual Report 2024-25

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WHAT WE DO

OUR MISSION

To help people with limb difference live independently, through the provision of prosthetic legs along with physical and emotional rehabilitation.

STAND’s three main aims

1

2

3

Improve access to recycled prosthetic legs. Because everyone should have the opportunity to walk, work and dance again, at an affordable price.

Improve services. Because everyone should have access to good quality facilities, training opportunities and comfortable care.

Improve the well-being of people with limb differences. Because everyone should have access to the support they need to get back on their feet.

Which all contribute towards these United Nations’ development goals

STAND Annual Report 2024-25

Mission & vision

4

THEORY OF CHANGE

STAND Annual Report 2024-25

Mission & vision

5

OBJECTIVES: OUR THREE YEAR STRATEGY

Secure and diversify income To protect our EU-funded work, 1 core operations and long-term resilience. We will build a balanced and sustainable funding mix across trusts, corporates and individual donors.

This supports the “affordable and accessible prosthetics” outcome in our Theory of Change and reduces dependency on single grants.

Strengthen and diversify rehabilitation teams 2

To ensure local services are well-trained, well-resourced and inclusive. We will invest in professional development, gender balance and leadership opportunities so that diverse teams can meet demand and thrive.

This supports outcomes around “trained professionals” and “adequately resourced rehabilitation services.”

Build powerful Prepare for longinternational term sustainability 4 partnerships 5 To create collaborations that To ensure every STAND This links to combine the strengths of the supported clinic can eventually our impact global north and south, operate independently, with goal: “People This reflects funding and expertise meeting locally owned systems and with limb our belief local insight and delivery. funding pathways. difference that We will deepen relationships We will focus on localisation, thrive together that connect innovation, data systems & shared learning independently we go far. resources and community that enable a smooth and and enrich impact across borders. responsible handover. their

Reduce single person and succession risks

To protect continuity and knowledge across all areas of our work. This connects to our We will document commitment to systems, share access, empowerment and build confidence and in leadership at every sustainability. level.

communities.”

STAND Annual Report 2024-25

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Strategy

WHERE WE WORK

We work with trusted local partners in eight countries to deliver prosthetic care and empower amputees to thrive.

----- Start of picture text -----
Some of our partners on the ground:
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Senegal The Gambia \ Kenya 5 Le_— iPi) a ) yo = i ae i | | | | be i i} i . A os \ a ‘ oan 1 ae = = = / = Liberia Uganda Ghana : wi, akpo \ | Benin Tanzania

STAND Annual Report 2024-25

Strategy

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24/25 IMPACT HIGHLIGHTS

1,103 549 male patients female patients

...now back on their feet.

7,989 Total weight of component donations

2,682 essential counselling sessions delivered

2,663 Legs rescued

STAND Annual Report 2024-25

Highlights

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FINANCIAL HIGHLIGHTS

INCOME

TOTAL INCOME £1.93M Up from £1.52m in 2023/24 t

EXPENDITURE

TOTAL EXPENDITURE £1.69M Down from £1.83m in the previous year ¥

Generating income

8%

CHARITABLE ACTIVITIES £1.55M

Down from £1.74m in 2023/24

GENERATING INCOME £133.9k Up from £84.5k in 2023/24 t

Charitable activities

92%

STAND Annual Report 2024-25

Financial highlights

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LIFE CHANGING LEGS

“My artificial leg helps me move around. It gives me confidence”

Jenifer from Ghana

For Jenifer, fashion isn’t just about clothes, it’s about carving out a livelihood, standing tall in her community, and shaping her own future.

As an amputee from Ghana, it’s a future that only became possible with the help of her prosthetic leg, fitted at the Orthopaedic Training Centre (OTC) in Ghana, STAND’s valued partner.

See Jenifer's journey

Jenifer’s story

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GOVERNANCE

Rebrand to STAND

Collaboration is key, and our trustees oversaw and supported the rebrand from Legs4Africa to STAND. The main objective was to ensure there was strong alignment between identity, vision, and operations.

We started the formal transition from Legs4Africa to STAND (CIO), strengthening governance and legal structures. There is much more work to be done throughout 2025/26 to complete the transition, including new bank account and asset transfers.

Board development & succession

To secure continuity and resilience, there have been active discussions on succession planning for both trustees and senior staff, including term limits and future leadership needs.

Risk & Compliance Oversight

Trustees held a dedicated safeguarding, compliance, and risk-sharing circle. This surfaced key issues including succession planning, safeguarding mechanisms, business continuity, and data protection.

Gabu | prosthetist at The Gambia’s National Rehabilitation Centre

STAND Annual Report 2024-25

Governance

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GOVERNANCE

Safeguarding

STAND have a zero-tolerance policy when it comes to safeguarding. Unfortunately we terminated our partnership with Mulago National Referral Hospital in Uganda after safeguarding concerns. Whilst this was a difficult decision, STAND could not support institutions that violated our values.

Big steps towards securing an office in The Gambia

To make our local presence official and professional, we completed the necessary paperwork. We hope to open the office in the coming year, which will support local staff more formally and securely.

Strategic Decisions:

As we secured a £600,000+ EU grant, we have worked hard to prepare our governance systems to acomodate this. This included significant compliance and reporting requirements.

We have also worked hard to delegate operations to teams in The Gambia, Ghana, and Uganda. We hope the new governance structures will better adapt to support a more local-led delivery.

People & Culture

Appointment of two senior staff members; Supporter Engagement Manager and Grants & Trust Fundraising Manager, strengthening organisational capacity and expertise. Trustees also stressed the importance of staff retention, wellbeing, and development as part of long-term sustainability.

Ebrima | part of the STAND Gambia maintenance team

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Governance

GET LEGS

Collecting, refurbishing and shipping legs is the bread and butter of STAND. This year continued to illustrate this model is an efficient, scalable way to provide access to prosthetic components to our partners.

Collecting legs

We collected over 2,500 prosthetic legs from clinics and individuals across the UK, Europe, Canada, the USA, and Australia. This is a 13% growth compared to the previous year, reflecting the increasing global recognition of prosthetic reuse. Our annual UK tour alone collected over 600 prostheses from 20 UK centres. We have strong relationships with our clinical partners,

Components shipped

----- Start of picture text -----
socket
1,688
adapters
935 knees
2,093 pylons
1,172 tube clamp
adapters
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feet 2,370

Hard at work: Promise packing up a box of components in the workshop

and it is always humbling to see the generosity of their donations.

Shipping legs

During the same period, STAND donated more than 2,000 prostheses to 15 centres across Saharan Africa, achieving at least one shipment per partner. We increased operational efficiency by introducing a unified shipment model in East Africa. By sending all components to Dar es Salaam for regional distribution, this streamlined logistics, reduced costs, and encouraged collaboration among local centres.

Quality is key

Following the introduction of enhanced quality assurance checks in our workshop, a review conducted by King’s College London found a 72% improvement in the quality of components, particularly prosthetic feet. This is a demonstration that STAND’s refurbishment model provides quality components, and our ability to measure and improve our operations.

STAND Annual Report 2024-25

Get legs

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FUNDRAISING

The past financial year has been one of growth, generosity, and greater awareness for STAND. We’ve seen our community of supporters expand significantly through a blend of grassroots giving, media exposure, and high-profile campaigns.

Trust & Grants

This remains the largest income stream for STAND, and the strategy is to diversify income sources. A significant grant from the EU through STAND’s Gambia sister charity has allowed them to develop operations considerably, funding a new headquarters.

Campaigns

This year, our campaigns have continued to highlight the power of community and collaboration. The Big Give 2024 was a standout success, demonstrating the incredible generosity of our support base. Through social media, email, and ambassador outreach, the campaign reached more supporters than ever before, raising £22,446 to fund prosthetic limbs and rehabilitation services across our partner centres. It was a strong example of how storytelling and digital connection can unite people around mobility, independence, and dignity.

Big media moments

Media coverage played a vital role in raising awareness of STAND’s work this year. For a small charity, these were transformative, moments that share the heart of our mission with millions.

One of the most significant moments came with the BBC Radio 4 Appeal, presented by Adam Hills from The Last Leg . The appeal featured moving stories from our rehabilitation partners and from people whose lives have been transformed by access to prosthetic limbs. Broadcasts across BBC Radio 4 and its digital channels reached new audiences nationwide, generating an extraordinary wave of support and raising £36,852.

In early 2025, STAND was also featured by the YouTuber MrBeast , and received a gift of £136,532 to our cause. The feature reached global audiences, a many of whom had never encountered our work before.

On the mic: Adam Hills on BBC Radio 4

STAND Annual Report 2024-25

Fundraising

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TRAINING

Training the next generation

Over the last year, STAND continued to provide scholarships to access training opportunities for women with limb-loss, as well as existing staff at our partner clinics. Three graduates of STAND’s previous Lower Limb Prosthetic Technology scholarship have now completed a blended learning certificate course in lower limb orthotic technology at TATCOT in Tanzania. They are now all employed full time as prosthetists/orthotists in their home countries of Zimbabwe and Zambia. A further four students, Solange, Cindy, Hawanatu and Damaris, have embarked on the same course. They have completed the online learning and returned to Tanzania to complete the practical element of their study. And in Ghana, Brandy has completed her internship which marks the completion of her certificate course.

Consultant support

In order to provide the right professional development opportunities for staff at our partnered rehabilitation centres, STAND is employing professional consultants and volunteers to advise, provide in-house guidance and training. In The Gambia, former TATCOT head Longini Mtalo is continuing to provide consultancy services to the National Rehabilitation Centre to assist with professionalisation of services. In Liberia, a visiting prosthetist has provided training to a new apprentice at the Ganta Centre.

6 prosthetic experts trained

Training at TATCOT: Solange, Cindy, Hawanatu and Damaris

STAND Annual Report 2024-25

Training

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IMPROVING SERVICES

Over the past year, this project has continued to give support to rehabilitation centres in a range of areas including equipment, infrastructure repairs, materials and conducting outreaches.

Workshop improvement

Small clinics in Benin and Tanzania have made improvements to their workshops with extra gait training equipment and improved accessibility. The biggest improvement has been at the Ganta Rehab Centre in Liberia, where we have been able to rejuvenate the services. This was thanks to the advice of a visiting prosthetist, who has been able to provide insight into equipment and materials needs and offer advice on dealing with complex amputations.

amputees living in remote and rural communities in Tanzania access prosthetic legs, follow-up care and maintenance.

Bansang

An exciting new venture is STAND’s commitment to establish a satellite orthopaedic workshop up-river in The Gambia. This was in collaboration with Bansang Hospital who have offered us a building to use (pictured below). The workshop will be stocked with machines donated from UK limb centres. Work will soon commence to renovate the space to the appropriate standard. This will allow for the decentralisation of services from the National Rehabilitation Centre in Banjul.

Accessibility to services

Outreaches run by AJMA Orthopeadic Services have continued to enable

6 orthopaedic workshops are now better stocked with tools, materials and machines.

STAND Annual Report 2024-25

Improving services

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PEER SUPPORT & COUNSELLING

Gambia

An important part of an amputee’s journey is psychological. That’s why STAND worked in three main public referral hospitals to provide 1,382 essential peer-counselling sessions, and registered 71 new clients.

new peer 226 counselling clients counselling sessions 2,682

To increase quality of this support, we developed vocational competencies of peer-counsellors through ongoing training and supervision.

Ghana

We’ve made large strides in Ghana, thanks to the collaboration with our key partners. Through Smiles of Hope, we expanded community rehab meetings into new areas, with five spaces now running. Symposiums to the amputee community were also delivered, educating and informing on important topics such as nutrition, physiotherapy and managing diabetes.

STAND worked in the four public referral hospitals in the Greater Accra Region to provide peer-counselling. As a result, 138 new clients were registered and 1,300 peer-counselling sessions were delivered. We also established important

Increasing accessibility to care

We partnered with the National Rehab Centre in Banjul to deliver patient outreach services in hard-to-reach provinces. We supported 270 people with assistive device repair and provision, peer-counselling and exercise training.

STAND’s Home Maintenance Team also delivered community-based rehabilitation, providing assistive device repairs and physical exercise guidance to 71 clients. The team also received training in basic physiotherapy at Edward Francis Small Teaching Hospital.

partnerships with psychology, surgical and children's wards.

Finally, we worked hard to transition the coordination of counselling processes to Smiles of Hope, which we believe will be a more efficient and effective model.

STAND Annual Report 2024-25

Peer support & counselling

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COMMUNITY GROUPS

Mobility is only the beginning. What truly changes lives is connection. Across Uganda, Kenya, Ghana and The Gambia, our community partners make sure people with limb difference never face that journey alone. They bring counselling, outreach and peer mentoring into hospitals, villages and schools, helping amputees rebuild confidence and rejoin their communities.

This year we focused on strengthening a smaller number of high-impact partners. In Uganda, Kenya and Ghana, the Amputee Self-Help Network, Universal Lighthouse and Smiles of Hope have grown steadily, with staff training in counselling, outreach camps, and new partnerships in hospitals and other groups.

Amputee Self-Help Network, Uganda

Road safety awareness: Charlie, Jared and Alex from ASNU

STAND Annual Report 2024-25

Community groups

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COMMUNITY GROUPS

Gambia

Peer-Led Learning in Action

The first peer-led symposium on Diabetes & Disability gathered 84 participants and received national TV and online coverage.

Advocacy and Awareness

Amputee football continued to be a key outreach platform, particularly for promoting women’s participation and inclusion.

The new community meetings cohort launched with ten amputees and caregivers in a six-session series. The first focused on mental health, with upcoming sessions on physiotherapy, nutrition and orthopaedics.

Across 20+ community and advocacy meetings, STAND and partners (Gambia Amputee Association, Gambia Amputee Football Association, and Ladies Empowered for Growth and Success) worked with local authorities, councils and youth groups.

Expanding Reach Across Regions

Across five regions (Soma, Brikama/Kombo, Basse, Farafenni and Janjanbureh), 714 people took part in sensitisation sessions, verified through signed registers.

Media outreach through GRTS and regional radio stations reached an estimated 132k people per quarter, extending conversations on disability inclusion beyond event venues.

Partnership Momentum

Government representatives from the Department of Social Welfare, Ministry of Health and Ministry of Sport joined multiple events, signalling commitment to a cross-departmental task force on disability inclusion.

714 communityparticipants 132k media reachper quarter 20 advocacymeetings held

STAND Annual Report 2024-25

Community groups

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LETTER FROM CHAIR

I’m delighted to share that 2024/25 has been a real year of progress for STAND. This past year, despite a challenging fundraising environment in the UK, we have provided new legs for over 1,600 people, delivered over 2,600 counselling sessions, rescued over 2,600 legs and donated over 2,000 legs.

Organisationally, we have made major changes by rebranding from Legs4Africa to STAND, and converting from a trust to a Charitable Incorporated Organisation. We have also made improvements to our logistics and quality control processes. These steps will help us to use our income more effectively and to serve more people in future years.

Since its origins in 2014, when Tom Williams arranged for the delivery of 500 prostheses to the Royal Victoria Teaching Hospital in Banjul, Gambia, STAND has grown considerably.

But we still maintain the same overall goal today as we did in 2014, to help people with limb loss in Sub-Saharan Africa live independent lives.

STAND and our work are as important today as they have ever been. We are grateful to those who have donated to STAND in the past year. We appreciate and value each and every contribution.

Going into a busy new year, we would be very thankful for any additional support. As STAND’s Chair, I want to thank the management team for their commitment and achievements. I am excited to see what the next year brings and the continuing impact STAND can have across Sub-Saharan Africa.

Daniel Valentine Chair chair@stand.ngo

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Trustee statement

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and is constituted as a charitable trust, registered with the Charity Commission on the 26 September 2014.

Public benefit

We review our aims, objectives and activities annually to ensure they remain aligned with our charitable goals. This Trustees’ Annual Report details the significant activities undertaken to advance our mission to provide mobility to people with limb differences in sub-Saharan Africa. It describes the types of programmes delivered and the benefits they have provided to the communities we serve. In planning our activities and reviewing our objectives, the Trustees have had due regard to the Charity Commission’s guidance on public benefit.

Objectives

STAND exists to advance health and relieve human suffering by relieving need arising from ill health, disability, and financial hardship. We achieve this by sourcing and refurbishing prosthetic components and enabling the provision of prosthetic limbs and related mobility support for people in Africa who would otherwise struggle to access or afford this care. Through working with partner clinics and local services, we help restore mobility and independence and improve people’s ability to take part in everyday life, including family, education, and work.

STAND UK and Legs4Africa Gambia

STAND UK (formerly Legs4Africa) is a UK-registered charity working to enhance mobility, inclusion, and economic opportunity for people with limb loss in sub-Saharan Africa. In The Gambia, it operates through a locally registered charitable trust, Legs4Africa (Gambia), established in 2024 to meet national legal and operational requirements. Legs4Africa (Gambia) is a local branch of STAND UK, not an independent organisation, and remains fully aligned with and overseen by the STAND UK board of trustees, with the addition of one Gambian trustee as required by law. While day-to-day operations are managed locally and a Gambian bank account is used for operational purposes, all funding, strategic direction, and fiduciary responsibility remain with STAND UK.

Remuneration of key management personnel

Directors and managers are paid within a salary band and based on their responsibilities within that band. The bands are created on advice from a local risk management specialist, and taking account of a salary survey of small and medium UK charities conducted bi-annually.

STAND Annual Report 2024-25

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Trustee statement

STRUCTURE, GOVERNANCE AND MANAGEMENT

Board of Trustees

Trustees are responsible for overseeing the governance of the organisation which includes finances, risk, safeguarding and providing a safe environment for its employees to work in. They also provide advice to the leadership team and management on many topics such as international relations, human resources, prosthetic technologies and risk management. The trustees and leadership team meet on a monthly basis. Day to day management of the charity are delegated by the trustees to the CEO and founder, they provide regular reports to the trustees on performance and key results. The CEO and founder are supported by five full time employees and one part time employee.

Criteria to assess success

We assess success using a mix of delivery, outcome, and capacity building indicators, reviewed regularly by the leadership team and trustees. Key measures include “feet on the ground” as a practical indicator of functioning prosthetic provision, alongside the number of legs collected, refurbished, and shipped to partner clinics. For our wider rehabilitation work, we track counselling hours delivered and engagement in counselling support. We also measure longer term strengthening of local services through the number of people completing training in prosthetics and orthotics, and we monitor partner reporting quality, lead times, stock accuracy, and any safeguarding or clinical incidents to ensure delivery remains safe and effective.

Trustee recruitment

Trustees are recruited based on a skills assessment, considering candidate diversity and are appointed after an interview with two board members and a meeting with the chair and leadership team. A buddy system between a new recruit and an existing board member is used to settle them into the team, and to learn about the organisation and its processes.

STAND Annual Report 2024-25

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Trustee statement

FINANCIAL REVIEW

Income

Total income during the year amounted to £1,926,445 (2024: £1,517,829).

This included:

Our income this year exceeded expectations, despite a challenging climate for international development funding. We had budgeted for financial income of £700,000 and actually achieved £928,134 . This was driven primarily by two significant successes. The first was securing a multi year grant to work in partnership with the EU on our programme in The Gambia, providing financial stability over the next two and a half years. The second was a collaboration with YouTuber MrBeast, which enabled us to support the fitting of prosthetic limbs at no cost across sub Saharan Africa. While income from regular gifts remained broadly flat, we also saw strong performance from time limited campaigns, including a successful appeal with BBC Radio 4 and our participation in the Big Give. Taken together, and set against wider sector pressures, this represents a strong financial year and reflects careful budgeting alongside the ability to respond to strategic opportunities. This was also the first year in which we formally recorded the value of donated prosthetic stock within our income and expenditure, which, when included, takes total income above the one million pound mark for the first time.

STAND Annual Report 2024-25

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Trustee statement

FINANCIAL REVIEW

Expenditure

Total expenditure for the year was

This pattern of spend reflects both the scale of donated components moving through our programmes this year and our continued investment in direct delivery, partner support, and systems that enable access to prosthetic and rehabilitation services across sub Saharan Africa. We also provided

£171,427 directly to in country partners to deliver services supporting local amputees and to strengthen their long term sustainability. This represents an increase from £97,074 in the previous year and reflects our ongoing commitment to working alongside partners as they develop resilient organisations with their own financial management systems.

Significant expenditure split across project areas:

Surplus / Deficit Calculations: Financial only: Income : £930,377 Expenditure : £799,003 Surplus = £131,374 (2024 - Deficit: 84,407).

Prosthetic stock only: In: £996,068 Out: £886,475 Surplus = £109,593 (2024 - Deficit: 216,195)

Total

The net surplus (before investment gains and losses) for the year to 31st March 2025.

Reserves policy

The unrestricted reserves of the charity (being unrestricted general funds less the net book value of Stock) at the year end were £80,655 (2024: £70,087).

The trustees review the reserves policy annually. The treasurer reviews the reserves position on a quarterly basis. We aim to hold unrestricted funds of around six months’ core costs (£100,000– £120,000). These funds would be used as an emergency fund and at the trustees’ discretion. The trustees are committed to building reserves to this level to mitigate risks around income shortfalls and periods of growth.

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Trustee statement

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The trustees have no beneficial interest in the charity.

Auditors

Godfrey Wilson Limited were appointed as auditors to the charity during the year and have expressed their willingness to continue in that capacity.

Approved by the trustees on 14th Jan 2026, and signed on their behalf by

Daniel Valentine, Chair of trustees

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Trustee statement

STAND

Reference and administrative details

For theyear ended 31 March 2025
Charity number 1158697
Registered office and Backfields House
operational address Upper York Street
BRISTOL
BS2 8QJ
Trustees The trustees who served during the year and up to the date of this report
were as follows:
Samantha Gibson
Dr Lucy Gates appointed 28 October 2025
Jessica Stewart
Cleavon Tate
Daniel Valentine appointed 28 October 2025
Stephen Whitlock resigned 1 June 2025
Rebecca Wilkinson resigned 27 September 2025
Senior management Phil Tunstall (Chief Executive Officer)
Tom Williams (Founder / Technical Director)
Auditors Godfrey Wilson Limited
Chartered accountants and statutory auditors
5th Floor Mariner House
62 Prince Street
Bristol
BS1 4QD
Bankers Barclays Bank Plc
Leicester
LE87 2BB

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Independent auditors' report

To the trustees of

STAND

Opinion

We have audited the financial statements of STAND (the 'charity') for the year ended 31 March 2025 which comprise the statement of financial activities, balance sheet and the related notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and the provisions available for small entities, in the circumstances set out in note 9 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

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Independent auditors' report

To the trustees of

STAND

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

Responsibilities of the trustees

As explained more fully in the trustees’ responsibilities statement set out in the trustees’ report, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The procedures we carried out and the extent to which they are capable of detecting irregularities, including fraud, are detailed below:

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Independent auditors' report

To the trustees of

STAND

(1) We obtained an understanding of the legal and regulatory framework that the charity operates in, and assessed the risk of non-compliance with applicable laws and regulations. Throughout the audit, we remained alert to possible indications of non-compliance.

(3) We inspected the minutes of trustee meetings.

(4) We enquired about any non-routine communication with regulators and reviewed any reports made to them.

(5) We reviewed the financial statement disclosures and assessed their compliance with applicable laws and regulations.

(6) We performed analytical procedures to identify any unusual or unexpected transactions or balances that may indicate a risk of material fraud or error.

(7) We assessed the risk of fraud through management override of controls and carried out procedures to address this risk. Our procedures included:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. Irregularities that arise due to fraud can be even harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

29

Independent auditors' report

To the trustees of

STAND

Use of our report

This report is made solely to the charityʼs trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charityʼs trustees those matters we are required to state to them in an auditorʼs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charityʼs trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Godfrey Wilson Limited

Date: 14 January 2026

GODFREY WILSON LIMITED

Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD

Godfrey Wilson Limited is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

30

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Statement of financial activities

For the year ended 31 March 2025

Note
Income from:
Donations & legacies
4
Charitable activities
5
Investments
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
7
Net gains / (losses) on investments
12
Transfers between funds
Net movement in funds
9
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Net income / (expenditure)		 Restricted
Unrestricted
£
£
8,604
1,135,873
763,131
16,594
-
2,243
771,735
1,154,710
-
133,901
632,024
919,553
632,024
1,053,454
-
(106)
139,711
101,150
9,488
(9,488)
149,199
91,662
162,840
420,274
312,039
511,936		 2025
Total
£
1,144,477
779,725
2,243
1,926,445
133,901
1,551,577
1,685,478
(106)
240,861
-
240,861
583,114
823,975		 Restated
2024
Total
£
985,197
531,641
991
1,517,829
84,544
1,741,421
1,825,965
7,534
(300,602)
-
(300,602)
883,716
583,114

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 17 to the accounts.

The prior period statement of financial acitivites, balance sheet, and statement of cash flows have been restated to include donated stock. See note 2 for further detail.

31

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Balance sheet

As at 31 March 2025

As at 31 March 2025
Restated
2025 2024
Note £ £ £
Fixed assets
Investments 12 100,651 98,657
Current assets
Stock 13 431,281 350,187
Debtors 14 11,755 38,116
Cash at bank and in hand 306,780 116,943
749,816 505,246
Liabilities
Creditors: amounts falling due within 1 year 15 (26,492) (20,789)
Net current assets 723,324 484,457
Net assets 16 823,975 583,114
Funds 17
Restricted funds 312,039 162,840
Unrestricted funds
General funds 511,936 420,274
Total charity funds 823,975 583,114

Approved by the trustees on 14 January 2026 and signed on their behalf by

Daniel Valentine - Chair of trustees

32

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Statement of cash flows

For the year ended 31 March 2025

Cash used in operating activities:
Net movement in funds
Adjustments for:
(Gains) / losses on investments
Dividends, interest and rents from investments
Decrease / (increase) in stock
Decrease / (increase) in debtors
Increase in creditors
Net cash provided by / (used in) operating activities
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of investments
Net cash provided by / (used in) investing activities
Increase / (decrease) in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Analysis of cash and cash equivalents:
Cash held in current accounts
Cash held in investment portfolio		 2025
£
240,861
106
(2,243)
(81,094)
26,361
(5,703)
178,288
2,243
-
2,243
180,531
118,246
298,777
306,780
3,403
310,183		 Restated
2024
£
(300,602)
(7,534)
(991)
216,195
(27,113)
3,883
(116,162)
991
(89,820)
(88,829)
(204,991)
323,237
118,246
116,943
1,303
118,246

The charity has not provided an analysis of changes in net debt as it does not have any long term financing arrangements.

33

STAND

Notes to the financial statements

For the year ended 31 March 2025

1. Accounting policies

a) Basis of preparation and general information

STAND Charity is an unincorporated charity registered in England and Wales. The registered office address is Backfields House, Upper York Street, Bristol, BS2 8QJ.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

STAND meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

b) Going concern basis of accounting

The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.

34

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Notes to the financial statements

For the year ended 31 March 2025

1. Accounting policies (continued)

d) Donated services and facilities

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

e) Donated stock

f) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.

g) Funds accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.

h) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

i) Grants payable

Grants which have been authorised and paid are included as expenditure in the statement of financial activities. Grants which have been authorised but not yet paid are accrued in the balance sheet and are included within creditors falling due within one year or after one year.

35

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Notes to the financial statements

For the year ended 31 March 2025

1. Accounting policies (continued)

j) Allocation of support and governance costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities based on the proportion of staff costs as follows:

2025 2024
Raising funds 24.7% 17.6%
Charitable activities 75.3% 82.4%

k) Listed investments

Investments in quoted shares, traded bonds and similar investments are measured initially at cost and subsequently at fair value (their market value). The statement of financial activities includes the net gains and losses arising on revaluations and disposals throughout the year. Listed investments also includes cash and cash equivalents held for re-investment purposes.

l) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

m) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Cash held by the investment managers for the purposes of re-investment is included within listed investments on the balance sheet.

n) Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

o) Financial instruments

The trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.

p) Pension costs

The charity operates a defined contribution pension scheme for its employees. There are no further liabilities other than that already recognised in the SOFA.

q) Foreign currency transactions

Transactions in foreign currencies are translated at rates prevailing at the date of the transaction. Balances denominated in foreign currencies are translated at the rate of exchange prevailing at the year end.

36

STAND

Notes to the financial statements

For the year ended 31 March 2025

1. Accounting policies (continued)

r) Accounting estimates and key judgements

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The key judgement applied in the preparation of these financial statements is in recognising a value for donated stock (as described in note 1 (e) above).

2. Prior period restatement

Prior period unrestricted funds have been restated to incorporate donated stock held and subsequently donated onwards to beneficiaries by the charity.

Funds
Funds as originally stated at 31 March 2023
Recognise donated stock
Restated funds at 31 March 2023
Funds as originally stated at 31 March 2024
Recognise donated stock
Restated funds at 31 March 2024
Stock
Stock as originally stated at 31 March 2024
Recognise donated stock
Restated stock at 31 March 2024		 Restricted
£
£
222,327
95,007
-
566,382
222,327
661,389
Restricted
£
£
162,840
70,087
-
350,187
162,840
420,274
Unrestricted
Unrestricted		 Total
£
317,334
566,382
883,716
Total
£
232,927
350,187
583,114
Total
£
-
350,187
350,187

37

STAND

Notes to the financial statements

For the year ended 31 March 2025

2. Prior period restatement (continued)

Income
Income as originally stated at 31 March 2024
Recognise donated stock
Restated income at 31 March 2024
Expenditure
Expenditure as originally stated at 31 March 2024
Recognise stock donated to beneficiaries
Restated expenditure at 31 March 2024		 Restricted
£
£
562,475
79,352
-
876,002
562,475
955,354
Restricted
£
£
656,551
77,217
-
1,092,197
656,551
1,169,414
Unrestricted
Unrestricted		 Total
£
641,827
876,002
1,517,829
Total
£
733,768
1,092,197
1,825,965

3. Prior period comparatives: statement of financial activities (restated)

Income from:
Donations & legacies
Charitable activities
Investments
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net gains on investments
Net expenditure		 Restricted
£
£
54,334
930,863
508,141
23,500
-
991
562,475
955,354
7,327
77,217
649,224
1,092,197
656,551
1,169,414
-
7,534
(94,076)
(206,526)
Unrestricted		 2024
Total
£
985,197
531,641
991
1,517,829
84,544
1,741,421
1,825,965
7,534
(300,602)

38

STAND

Notes to the financial statements

For the year ended 31 March 2025

4. Income from donations & legacies

Income from donations & legacies
Individual donations
Corporate donations
Campaigns
Legacies
Donated stock
Gifts in kind
Total donations & legacies*		 Restricted Unrestricted
£
£
-
57,464
-
7,514
-
52,794
-
20,073
-
996,068
8,604
1,960
8,604
1,135,873		 2025
Total
£
57,464
7,514
52,794
20,073
996,068
10,564
1,144,477

*Gifts in kind relate to donated assets that were subsequently donated to Banjul Rehab Centre and services related to project mangement consultancy and subscriptions (2024: services provided for rebrand consultancy and software subscriptions).

Prior period comparative (restated)

Individual donations
Corporate donations
Campaigns
Legacies
Donated stock
Gifts in kind
Total donations & legacies*		 Restricted Unrestricted
£
£
-
32,853
43,000
1,508
11,084
-
250
-
-
876,002
-
20,500
54,334
930,863		 2024
Total
£
32,853
44,508
11,084
250
876,002
20,500
985,197

5. Income from charitable activities

Grants > £5,000
Private funder
European Commission
Mr Beast YouTube
The Dashlight Foundation
eMite Inc
The Brian Mercer Charitable Trust
The Rodger Raymond Charitable Trust
Grants < £5,000
Total income from charitable activities		 Restricted
£
£
399,993
-
165,837
-
136,533
-
-
15,000
11,469
-
10,000
-
15,000
-
24,299
1,594
763,131
16,594
Unrestricted		 2025
Total
£
399,993
165,837
136,533
15,000
11,469
10,000
15,000
25,893
779,725

39

STAND

Notes to the financial statements

For the year ended 31 March 2025

5. Income from charitable activities (continued) Prior period comparative

Income from charitable activities (continued)
Prior period comparative
Grants > £5,000
Private funder
The International Refugee Trust
The Dashlight Foundation
The Leeward Trust
The Brian Mercer Charitable Trust
James Tudor Foundation
The Rodger Raymond Charitable Trust
Grants < £5,000
Total income from charitable activities		 Restricted
£
£
399,993
-
40,770
-
15,000
-
10,000
-
10,000
-
5,000
-
5,000
-
22,378
23,500
508,141
23,500
Unrestricted		 2024
Total
£
399,993
40,770
15,000
10,000
10,000
5,000
5,000
45,878
531,641

6. Government grants

The charity receives government grants, defined as funding from the European Commission to fund charitable activities. The total value of such grants in the period ending 31 March 2025 was £165,837 (2024: £nil). There are no unfulfilled conditions or contingencies attaching to these grants in 2025/26.

40

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Notes to the financial statements

For the year ended 31 March 2025

7. Total expenditure

Total expenditure
Stock donated to beneficiaries
Staff costs (note 10)
Grants payable (note 8)
Project costs
Office and running costs
In-country staff costs (note 10)
Fundraising and communication costs
Student training
Other staff costs
Consultancy
Audit and accountancy fees
Travel and subsistence
Sub-total
Allocation of support and governance costs
Total expenditure		 Raising funds
£
-
40,435
-
-
-
-
31,538
-
-
-
-
-
71,973
61,928
133,901		 Charitable
activities
£
886,475
123,017
179,241
111,609
-
32,698
-
22,890
-
5,257
-
1,982
1,363,169
188,408
1,551,577		 Support and
governance
costs
£
-
154,632
-
-
52,103
-
-
-
23,881
5,613
9,000
5,107
250,336
(250,336)
-		 2025 Total
£
886,475
318,084
179,241
111,609
52,103
32,698
31,538
22,890
23,881
10,870
9,000
7,089
1,685,478
-
1,685,478

Total governance costs were £9,207 (2024: £3,662)

41

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Notes to the financial statements

For the year ended 31 March 2025

7. Total expenditure (continued) Prior period comparative (restated)

Prior period comparative (restated)
Stock donated to beneficiaries
Staff costs (note 10)
Project costs
Grants payable (note 8)
In-country staff costs (note 10)
Student training
Consultancy
Office and running costs
Fundraising and communication costs
Travel and subsistence
Other staff costs
Audit and accountancy fees
Sub-total
Allocation of support and governance costs
Total expenditure		 Raising funds
£
-
36,191
-
-
-
-
-
-
20,040
-
-
-
56,231
28,313
84,544		 Charitable
activities
£
1,092,197
169,647
142,132
136,708
33,895
20,082
1,236
-
-
12,804
-
-
1,608,701
132,720
1,741,421		 Support and
governance
costs
£
-
98,998
-
-
-
-
23,145
22,196
-
3,389
7,178
6,127
161,033
(161,033)
-		 2024 Total
£
1,092,197
304,836
142,132
136,708
33,895
20,082
24,381
22,196
20,040
16,193
7,178
6,127
1,825,965
-
1,825,965

42

STAND

Notes to the financial statements

For the year ended 31 March 2025

8. Grants payable

During the year, 39 (2024: 36) grants were awarded to 18 institutions (2024: 15) for organisational support for partner organisations and durable prosthetic foot research. During the year, 11 (2024: 10) grants were awarded to 11 (2024: 10) individuals for prosthetic education programmes.

Grants to organisations
Organisation support
Amputee Self Help Network
Gambia Amputee Football Team
Global Foundation Community Based Organisation
Nav Solidair
Smiles of Hope
Universal Lighthouse
Kigoma
AJMA
A2D Services
Banjul Rehab Centre
Mulago Orthopedic Workshop
Knowledge for Change
Mwanza Prosthetics and Orthotics Workshop
True Exposure
Grants < £5,000
Durable prosthetic foot research
Tanzania Training Centre for Orthopaedic Technologists
Good Samaritan Foundation
Grants to individuals
Total grants payable		 2025
£
-
-
-
9,035
24,769
6,680
9,548
25,740
12,834
12,494
14,545
21,666
13,001
5,451
15,664
171,427
-
-
171,427
7,814
179,241		 2024
£
11,806
6,957
10,787
20,105
15,606
11,250
-
-
-
-
-
-
-
-
20,536
97,047
20,790
8,441
126,278
10,430
136,708

43

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Notes to the financial statements

For the year ended 31 March 2025

9. Net movement in funds

This is stated after charging:

Net movement in funds
This is stated after charging:
2025 2024
£ £
Trustees' remuneration Nil Nil
Trustees' reimbursed expenses 201 242
Auditors' remuneration (excluding VAT):
Statutory audit 7,500 -
Independent examiners' remuneration (excluding VAT):
Independent examination - 2,850
Other services 350 75

During the year, two trustees (2024: two) were reimbursed for travel and training costs.

In common with other charities of our size and nature we use our auditors to assist with the preparation of the financial statements.

10. Staff costs and numbers

Staff costs were as follows:

Salaries and wages
Social security costs
Pension costs
In-country staff		 2025
2024
£
£
283,429
272,892
24,228
21,557
10,427
10,387
318,084
304,836
32,698
33,895
350,782
338,731

No employee earned more than £60,000 during the current or prior year.

The key management personnel of the charity comprise the trustees, founder and chief executive officer. The total employee benefits of the key management personnel were £121,054 (2024: £116,629).

Average head count 2025
No.
8.0		 2024
No.
8.3

11. Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

44

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Notes to the financial statements

For the year ended 31 March 2025

12. Investments

Market value at 1 April
Additions
Net gains / (losses) on investments
Market value at 31 March
Cash held pending reinvestment
Total investments
Investments comprise:
Listed investments
Cash and cash equivalents
Total investments
13. Stock
Donated prosthetics
14. Debtors
Accrued income and prepayments
Other debtors
15. Creditors: amounts falling due within 1 year
Trade creditors
Accruals
Other taxation and social security
Other creditors		 2025
£
97,354
-
(106)
97,248
3,403
100,651
97,248
3,403
100,651
2025
£
431,281
2025
£
11,582
173
11,755
2025
£
577
15,396
8,783
1,736
26,492		 2024
£
-
89,820
7,534
97,354
1,303
98,657
97,354
1,303
98,657
Restated
2024
£
350,187
2024
£
38,086
30
38,116
2024
£
924
10,585
7,868
1,412
20,789

45

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Notes to the financial statements

For the year ended 31 March 2025

16. Analysis of net assets between funds

Analysis of net assets between funds
Investments
Current assets
Current liabilities
Net assets at 31 March 2025
Prior period comparative (restated)
Investments
Current assets
Current liabilities
Net assets at 31 March 2024		 £
-
312,039
-
312,039
£
-
162,840
-
162,840
Restricted
funds
Restricted
funds		 £
100,651
437,777
(26,492)
511,936
£
98,657
342,406
(20,789)
420,274
General
funds
General
funds		 Total
funds
£
100,651
749,816
(26,492)
823,975
Total
funds
£
98,657
505,246
(20,789)
583,114

46

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Notes to the financial statements

For the year ended 31 March 2025

17. Movements in funds

Movements in funds
Restricted funds
Community groups
Leg resources
Rehabilitian centre
Training
EU funded project
Total restricted funds
General funds
Total funds
Peer support and
counselling
Unrestricted funds		 At 1 April
2024
£
-
-
62,673
18,564
81,603
-
162,840
420,274
583,114		 Income
£
97,763
185,833
99,225
127,125
95,952
165,837
771,735
1,154,710
1,926,445		 £
(67,436)
(195,321)
(122,193)
(144,744)
(80,666)
(21,664)
(632,024)
(1,053,454)
(1,685,478)
Expenditure		 Transfers
between
funds
£
-
9,488
-
45,000
(45,000)
-
9,488
(9,488)
-		 Losses
£
-
-
-
-
-
-		 £
30,327
-
39,705
45,945
51,889
144,173
At 31
March
2025
- 312,039
(106) 511,936
(106) 823,975

Peer support and This initiative improves access to mental health support and essential postcounselling amputation information in Gambia and Ghana. It offers emotional support and counselling through phone calls, hospital visits, home visits, and community meetings, addressing the lack of mental health services and critical recovery information.

Training This initiative addresses workforce capacity gaps in prosthetics and orthotics access, with a focus on training and empowering women. Recognising the value of lived experience, it collaborates with partner rehabilitation centres to improve knowledge and services, aiming to enhance the care and healthcare experience for female amputees in East and West Africa.

47

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Notes to the financial statements

For the year ended 31 March 2025

17. Movements in funds (continued) Purposes of restricted funds (continued)

EU funded project

This project, funded by the European Union, focuses on strengthening the economic empowerment of amputees in The Gambia. It supports local community groups to build sustainable livelihoods, while also ensuring members have access to appropriate prosthetic legs. Alongside this, the project is resourcing the National Mobility Centre in Banjul with advanced technology and equipment, enabling prosthetists to deliver higher quality services and broaden the scope of care available to amputees.

Transfers between funds

Transfers between funds show a transfer from unrestricted funds to offset a shortfall in restricted funding. It also shows reallocation of funds between projects on review of budgets.

Restricted funds
Community groups
Leg resources
Rehabilitian centre
Training
Manufacturing research
Total restricted funds
General funds
Total funds
Peer support and
counselling
Prior period comparative
(restated)
Unrestricted funds		 At 1 April
2023
£
23,311
17,526
55,692
83,464
42,334
-
222,327
661,389
883,716		 Income
£
113,781
84,628
92,391
109,309
121,596
40,770
562,475
955,354
1,517,829		 £
(137,092)
(136,743)
(85,410)
(174,209)
(82,327)
(40,770)
(656,551)
(1,169,414)
(1,825,965)
Expenditure		 Transfers
between
funds
£
-
34,589
-
-
-
-
34,589
(34,589)
-		 Gains
£
£
-
-
-
-
-
62,673
-
18,564
-
81,603
-
-
-
162,840
7,534
420,274
7,534
583,114
At 31 March
2024		 Gains
£
£
-
-
-
-
-
62,673
-
18,564
-
81,603
-
-
-
162,840
7,534
420,274
7,534
583,114
At 31 March
2024
- 162,840
7,534 420,274
7,534 583,114

18. Related party transactions

In April 2024, STAND incorporated an overseas branch, Legs 4 Africa (Gambia) (Gambian company no. 2024/C23915) over which the charity has control by virtue of trustees in common: Samantha Gibson, Jessica Stewart, Cleavon Tate, Stephen Whitlock and Rebecca Wilkinson. A bank account for the branch was opened in November 2024. The total value of transactions during the period to 31 March 2025 was £24. The branch financial records have not been consolidated into the STAND financial statements for the period ended 31 March 2025. No amounts were outstanding at year end.

19. Post balance sheet events

On 1 April 2025, the charity converted from an unincorporated charity to a Charitable Incorporated Organisation (CIO) (company no. CE038721, charity no. 1211617). The assets, liabilities, and operations of the former unincorporated charity were transferred to the new CIO on that date. This event does not affect the financial position of the charity as at 31 March 2025.

48

Standing tall: Rose from Ghana now has the confidence to speak in public.

STAND | We Walk Together Registered in England, charity number 1158697