## **FISCH**
(A company limited by guarantee)
## **Report and Financial Statements for 11 month period 1 February 2025– 31 December 2025**
Charity number 1159350 Company number 8845866
## **Future for Iringa Street Children**
2
Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## **FISCH**
(A company limited by guarantee)
|**Trustees’ Report and Financial Statements**||
|---|---|
|**For the 11 month period 1 Feb 2025 to 31 December 2025**||
||**Page**|
|Reference and Administrative Details|3|
|Trustees’ Report|4|
|Independent Examiner’s Report|20|
|Statement of Financial Activities (incorporating the|22|
|income and expenditure account)||
|Balance Sheet|23|
|Notes to the Financial Statements|24|
3
Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## **Reference and Administrative Details**
Charity Name: FISCH
Charity registration number: 1159350
Company registration number: 8845866
Registered Office and operational address:
58 Frog Grove Lane Guildford Surrey GU3 3HA
## **Directors/Trustees**
Mr J Bircher (retired 21[st] March 2026) Mr M Boddington (retired 21[st] March 2026) Mr R Gercke (retired 12[th] May 2025) Mr I Johnstone (appointed 15[th] May 2025) Mrs S Maguire (retired 12[th] May 2025) Mrs J Murphy Mr R Murphy Mrs G Tolan (appointed 15[th] May 2025)
## **Bankers**
National Westminster Bank Plc 151 High Street Guildford Surrey GU1 3AH
4
Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## **Trustees’ Report**
The Trustees present the Trustees’ report and financial statements for the period ended 31 December 2025.
## **Objectives and activities**
## _Purposes and Aims_
The charity’s purposes as set out in the objects contained in the company’s articles of association are:
- To relieve poverty
- To preserve and protect good health
- To advance education
- To advance in life and relieve needs of young people through:
- The provision of recreational and leisure time activities provided in the interest of social welfare designed to improve their conditions of life; and
- Providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.
The aims of the charity are to reduce the levels of poverty among young people, particularly, but not limited to, children in Tanzania, through the provision of physical, educational and social care. These aims fully reflect the purposes that the charity was set up to pursue.
## _**Ensuring our work delivers our aims**_
We review our aims, objectives and activities regularly on an ongoing basis. This review looks at what we have achieved and the outcomes of our work in the previous period. The review considers the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us to ensure our aims, objectives and activities remain focused on our stated purposes. We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees have considered how planned activities contribute to the aims and objectives set and are satisfied that they have done so.
5
Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## _**The focus of our work**_
The main objective for the year was to continue to support aid programmes which identify and support acutely vulnerable young people, who may suffer through lack of shelter, food or education, and to help them in line with the aims of the charity.
This has been achieved through the ongoing financial support of our overseas partner in Tanzania, Future for Iringa Street Children (FISCH Trust), whilst also providing advice and consultancy services where appropriate to the Trust through our UK team of unpaid volunteers.
During the year we have communicated to our supporters about the progress and achievements of these aid programmes via a range of media, including newsletters, social media and our website. These activities include:
## **Aid Programmes** addressing short term needs:
- Identification of young people suffering from lack of shelter, food or education within the Tanzanian Iringa region
- Provision of food through daily Breakfast & Lunch services, monthly food parcels, and numerous other one off events that take place at the FISCH Trust drop in centre.
- Provision of clothing
- Provision of safe temporary accommodation
- Provision of basic medical first aid and medicines
- Provision of a ‘drop in centre’ located within the Tanzanian city of Iringa.
## **Aid Programmes** addressing medium term needs:
- Educational support to vulnerable children through:
- Provision of school uniform and equipment
- Regular tuition classes held at the Future for Iringa Street Children drop in centre
- Delivery of internal vocational training through the FISCH Trust sewing school
- Support for numerous external vocational training courses in vocations such as driving, carpentry, mechanics, welding, hair and beauty, hotel management.
- Sponsorship of higher education college and university fee courses.
- Provision of annual medical insurance
- On-going social and health education sessions for those attending the drop in centre.
- • Partnering with local Government Welfare offices to perform family tracing and where appropriate support street children to live with relatives or foster families.
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Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
- Provision of social and spiritual needs through FISCH football club, Youth clubs and FISCH Church.
## **Aid Programmes** addressing long term needs:
- Identification of employment opportunities and support for FISCH graduates to become self-sufficient, including small enterprise support.
- Education of parents, guardians and carers through monthly seminars on family planning, health issues and parenting.
- Advocating for the needs of the vulnerable through attendance and financial support of Tanzanian Government events such as African child day, National Women’s Day, World Aids Day and others.
- Contributing towards wider community educational events aimed at supporting vulnerable children such the Prevention of violence against young people.
## **How our activities deliver public benefit**
The Aid Programmes we fund, and who we try to help, are described above. All our charitable activities focus on the relief of poverty amongst children and young adults, and are undertaken to further our charitable purposes for the public benefit.
The Trustees have noted section 17(5) of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission.
## **The role of volunteers**
The charity has no paid employees, and Trustees do not receive any renumeration for their services. As such the running of the charity is entirely dependent on the significant investment of time by the Trustees together with a larger group of key volunteers.
Governance functions such as strategic direction, risk management, financial oversight and monitoring of activities are performed by the Trustees, with key volunteers providing other management and administrative services to the charity, including safeguarding, accounting, promotion and publicity services.
In addition, other volunteers focus on the delivery of specific Aid Programmes performed by our overseas partner FISCH Trust, such as vocational education, higher education sponsorship, reunification and food parcel support sponsorship. Their role is to both promote and monitor the effectiveness of the aid programmes, providing guidance and support to our overseas partner, whilst also communicating and providing feedback to sponsors and supporters.
7
Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## **Achievements and Performance**
During the year we have continued to support the work of Future for Iringa Street Children Trust in Tanzania, with particular focus on the following vital Aid Programmes:
## _**Provision of food:**_
The absence of food at home is one of the most common and tragic outcomes of child poverty. Many of the children who access our programmes have been driven to the streets as a result of food scarcity in the family home. Furthermore, for those who sleep on the streets with no family home to retreat to, the ability to earn money to afford food is extremely tough and highly inconsistent.
In response to this, we support a number of food aid programmes, including daily breakfast and lunch for children sleeping on the streets, weekly meals at Sunday Church, regular meals at the educational support classes, food provision for children in the safe temporary accommodation at the drop in centre, and substantial monthly food packages to support those still living with families to prevent them from turning to street life.
We estimate that through our breakfast and lunch provision we provided approximately **15,350** meals throughout the period, and in addition over **4,100** meals through the Sewing class and Sunday Church, to vulnerable children who may not otherwise have had access to a nutritional meal that week.
8
Trustee Report and Financial Statements
11 month Period 1 Feb 2025 to 31 December 2025
## **Food parcel sponsorship**
Over 500 food parcels were provided through the sponsorship programme, which continues to be extremely effective at addressing one of the root causes for children taking to the streets in Iringa. In addition to addressing a basic physical need, we continue to see the positive impact this delivers on mental wellbeing for a number of children, and their families, as well as significantly improving the chances of a child attending school and achieving higher educational results.
The food parcel sponsorship distribution day is also used as an educational forum to provide information and advice on a number of health and social needs which are aimed at supporting this group and breaking the cycle of poverty.
9
Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## _**Shelter:**_
One of the core objectives of the charity is to preserve and protect good health, and one of the ways in which this is achieved is through the provision of shelter. The charity has supported Future for Iringa Street Children in Tanzania to achieve this through the provision of safe temporary accommodation at the Drop in Centre, and the rehabilitation of the children who live there into accommodation with relatives or foster families.
As well as safe shelter, services provided at the centre include food provision, clothing, medical support, educational opportunities and counselling.
During the year **over 20** vulnerable individuals accessed this facility, **with 4** young people being reunited with relatives and a number of others significantly along in the rehabilitation process.
10
Trustee Report and Financial Statements
11 month Period 1 Feb 2025 to 31 December 2025
## _**Education support:**_
Educational support can broadly be split into three areas: Primary & Secondary, Vocational, and Further Education.
## _**Primary/Secondary**_
Whilst primary and secondary government schools continue to be free of tuition fees in Tanzania, uniform and stationery remain a significant barrier to entry for many of the poorest children, including those registered at FISCH.
In response to this we have a Uniform and Stationery Fund, whereby supporters can specifically support this cause. In this period, we provided uniform and stationery to over **200 children** to enable them to attend primary and secondary schools, making a significant impact and removing barriers to education for these children from poor and vulnerable families.
As number of items were made by students or graduates from the FISCH Trust Sewing classes in Tanzania, providing the added benefit of using their skills to generate a small income for these graduates.
11
Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## _**Vocational Training**_
Where appropriate we continue to support children into vocational training courses. A number of these courses are provided by external college institutes, but the sewing training is conducted on site at the FISCH Trust Drop in Centre, providing training for up to 10 students, and this continues to be a valuable opportunity for beneficiaries with limited education to gain a skill and be part of structured education.
In addition to this, we have continued to
sponsor beneficiaries with vocational sponsorships provided by external institutions in the past year, providing training in a range of courses for up to 20 students, these include driving, carpentry, mechanics, welding, hair and beauty, hotel management, construction and much more. During the year 15 students graduated from their vocational training courses.
A number of these beneficiaries have been children who have passed through the short term accommodation, or have been supported with monthly food parcels. This is the next step in their journey to independence, and some have already taken the step to employment.
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Trustee Report and Financial Statements
11 month Period 1 Feb 2025 to 31 December 2025
## _**Further Education**_
We are delighted that a number of the beneficiaries FISCH has supported over the years are offered places into University and Higher education institutions.
This is a significant achievement for these children given the many challenges an individual from such circumstances must overcome and during the period we supported a further 12 students through Higher Education, of which 6 graduated during the period.
## _**Social clubs**_
One of the activities used to aid rehabilitation and promote values such as team-work, leadership and a common goal, is football. FISCH Utd is registered as an official football club within Tanzania and regularly competes in local competitions or friendly matches with local sides.
Other clubs such as the FISCH Choir and Youth Club have continued throughout the year, and are well attended by the wider FISCH community.
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Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## _**Small-enterprise & Capital support:**_
In recent years we have supported a number of graduates with capital support to launch their own small scale business start ups. During the period we explored a number of opportunities to support vocational training graduates with capital support. A number of car mechanic graduates were supported into garage placements, and we supported 2 graduates to set up their own Hair and Beauty Salon.
## _**Purchase of land for rehabilitation and vocational training centre:**_
In 2021 we supported the purchase of 9 acres of land by Future for Iringa Street Children in Tanzania for the purpose of building a rehabilitation and vocational training centre in the future, to be known as ‘FISCH Village’.
The design work has now been completed for the first phase of building work, and further preparatory work will continue in the coming year.
This is a long term objective for the organization, and will be completed in stages as funding becomes available.
## **C** _**ollaboration with Government and local stakeholders:**_
FISCH Trust in Tanzania continues to invest in working together with the local community and key stakeholders within the Government of Iringa. A number of officials visit the centre regularly to assist in education and breaking down barriers between the beneficiaries we support and authorities.
We have partnered with local stakeholders who share a common passion to raise awareness and change attitudes towards the vulnerable children in the community, including playing a key part in local events such as Women’s Day, African Child Awareness Day and other similar events. Our partner FISCH Trust has received significant recognition for the contribution they have made to transforming the local community and working together with local authorities in a common vision to change the lives of the most vulnerable within their community.
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Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## **Financial Review**
During the financial period (11 months), donations to FISCH increased by 10% to £93,772, whilst expenditure increased by 4% to £102,364, resulting in an overall net decrease in reserves to £31,718
**----- Start of picture text -----**
Income / Expenditure (£)
**----- End of picture text -----**
**----- Start of picture text -----**
120,000
102,364
98,287
100,000 93,772
85,487
80,000
60,000
40,000
20,000
-
Year ending 2025.12 Year ending 2025.01
11 months 12 months
income expenditure
**----- End of picture text -----**
Expenditure exceeded income by £8,592, however £7,253 of this is due to a change in our interpretation of the accounting treatment for grants provided.
In prior years, any grant made which relates to post year end expenditure for an overseas partner has been treated as a prepayment in our accounts and recognised post year end. However, in line with UK Charities Statement of Recommended Practice, these grants, distributed prior to year end, are now shown as fully expensed in the current year accounts, effectively bringing forward the timing of expense recognition in our accounts to the current year.
Adjusting for this change in accounting treatment would result in an operating loss of approximately £1k in the current year.
Our reserves policy ensured that this was comfortably absorbed and the charity remains well placed to robustly meet any unexpected sudden declines in income should it happen in the future.
15
Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## **Plans for Future Periods**
The charity plans to continue to financially support the work of Future for Iringa Street Children in Tanzania in the forthcoming years subject to satisfactory funding arrangements, and compliance with our core values and the objectives of this charity.
The Trustees have committed to support a new Aid Programme in the coming year, to provide school meals to those attending education who are unable to otherwise access this due to financial barriers. This programme will be delivered by our overseas partner Future for Iringa Street Children and be available to those registered with this organisation who meet certain criteria. It is hoped that this new Aid Programme will enhance the educational performance for this group of vulnerable children.
## **Reserves Policy**
The Trustees have examined the charity’s requirements for reserves in light of the main risks to the organisation. We have established a policy whereby the funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of the expenditure.
The reserves are needed to meet the working capital requirements of the charity and the Trustees are confident that at this level they would be able to continue the current activities of the charity in the event of a significant drop in funding.
At the period-end total reserves were £31,718 (prior year £40,310), against a target for 2025 of between £30,000 and £60,000 in general funds.
The expectation is that reserves will remain within the range which the Trustees feel is required for the Charity at this stage.
In the short term the Trustees have also considered the extent to which existing activities and expenditure could be curtailed, should such circumstances require it.
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Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## **Structure, Governance and Management**
## _Governing Document_
The organisation is a charitable company limited by guarantee, incorporated on 15[th] January 2014 and registered as a charity on 25[th] November 2014. The company was established and is governed by its Articles of Association, which established the objects and powers of the charitable company. In the event of the company being wound up members are required to contribute an amount not exceeding £10.
## _Recruitment and Appointment of Trustees and Directors_
The Directors of the company are also charity Trustees for the purposes of charity law and under the company’s Articles are known as the members. Under the requirements of the Articles of Association the members/Trustees are elected to serve for a maximum of two consecutive terms of three years following their first appointment, and following which no outgoing Trustee shall be eligible for re-election for a period of twelve months following the retirement. After the first Annual General Meeting, on an annual basis at least one-third of the Trustees must retire from office, and if not divisible by 3 it should be the nearest number (e.g. rounding down to 2 rather than up to 3 if there are 7 trustees.
During the year one Trustee retired after completion of their term, and in order to comply with the policy above, another Trustee stepped down. Two new Trustees were appointed in the year.
Post year end two additional Trustees retired after completion of their term, and two will be appointed at the AGM.
All Directors and Trustees give their time voluntarily and receive no benefits from the charity. No expenses were reclaimed from the charity during the year.
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Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## _Organisational Structure_
The FISCH Trustees meet regularly and are responsible for the strategic direction and policies of the charity. At present the Board of Trustees consist of members from a variety of professional backgrounds relevant to the work of the charity.
In recent years we have developed the internal structure to share responsibility and oversight of specific functions, some of which mirror some of the main programmes at Future for Iringa Street Children in Tanzania (for example education, food parcel provision, shelter etc). We are continuing to develop this model over the coming years, ensuring that our Board grows appropriately in number and knowledge as the organisation grows, and that each function receives greater attention and investment.
During the period R Gercke stepped down as Chair of Trustees to become Chief Executive Officer, and J Murphy was appointed as Chair of Trustees.
## _Related Parties_
The Trustees confirm that there are no related party relationships at present, and that no related party relationships or transactions occurred during the year.
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Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## **Account Preparation**
The financial statements have been prepared in accordance with the accounting policies set out in the Notes to the Accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014.
In accordance with the requirements of the Charities Act we are required to obtain an Independent Examiners report. Refer to page 19.
For the period ending 31st December 2025, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies, and the members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
## **Responsibilities of the Directors**
Company law requires the Directors to prepare financial statements for each financial period which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial period. In preparing those financial statements, the Directors should follow best practice and:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is not appropriate to assume that the company will continue on that basis.
The Directors are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Directors are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
19
Trustee Report and Financial Statements
11 month Period 1 Feb 2025 to 31 December 2025
## **Declaration**
The Trustees declare that they have approved the Trustees’ report above.
Signed on behalf of the Board of Trustees on 16[th] of June 2026
R Gercke Chief Executive Officer
J E Murphy Chair of Trustees
20
Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## **Independent examiner's report on the accounts**
**Report to the trustees/directors/** FISCH UK **members of:** 31 December 2025 **On accounts for the year ended:** 1159350 **Charity number:** 8845866 **Company number:** 20 - 27 **Set out on pages:**
**Respective responsibilities of trustees** The trustees (who are also the directors of the company **and examiner** for the purposes of company law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and in accordance with Part 16 of the Companies Act 2006 that an independent examination is needed. It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
**Basis of independent examiner’s statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and
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Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention to indicate that:
- accounting records have not been kept in accordance with section 386 of the Companies Act 2006;
- the accounts do not accord with such records:
• where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements under section 396 of the Companies Act 2006, or are not consistent with the Charities SORP (FRS102)
• any matter which the examiner believes should be drawn to the attention of the reader to gain a proper understanding of the accounts.
**Signed:**
**Date:** 03/07/2026
**Name:** Chris Burrows
## **Relevant professional qualification:** FCA
## **Address:**
19 Henderson Avenue Guildford Surrey GU2 9LP
22
Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## **FISCH** (Charity number: 1159350, Company number: 8845866) **Annual accounts for the period 1 February 2025 – 31 December 2025**
## **Statement of financial activities (including summary income & expenditure account)**
|**Note**
**Income**
**Income from:**
Donations and Legacies
3
Bank Interest
**Total**
**Expenditure**
**Expenditure on:**
4
Raising funds
Charitable activities
Other
**Total**
**Net income before tax**
**Net income/ (expenditure)**
**Net movement in funds**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Total funds**
**£**
**£**
**£**
60,284
33,134
93,418
354
354
60,638
33,134
93,772
761
-
761
70,323
30,603
100,926
677
-
677
71,761
30,603
102,364
(11,123)
2,531
(8,592)
(11,123)
2,531
(8,592)
(11,123)
2,531
(8,592)
23,156
17,154
40,310
12,033
19,685
31,718|**Prior year**
**funds**|
|---|---|---|
|||**£**|
|||84,981
506|
|||85,487|
|||297
97,677
313|
|||98,287|
|||-12,800|
||||
|||-12,800|
|||(12,800))|
|||53,110|
|||40,310|
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Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## **Balance Sheet**
|**Note**
**Current assets**
Debtors
5
Cash at bank and in hand
6
**Total current assets**
**Creditors: amounts falling due**
**within one year**
**Total net assets or liabilities**
**Funds of the Charity**
Restricted income funds
Unrestricted funds
**Total Funds**
7|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Total funds**
**£**
**£**
**£**
740
445
1,185
11,294
19,239
30,533
12,034
19,684
31,718
-
-
-
12,034
19,684
31,718
-
19,684
19,684
12,034
-
12,034
12,034
19,684
31,718|**Total last**
**year**|
|---|---|---|
|||**£**|
|||3,499
36,810|
|||40,310|
|||-|
|||40,310|
|||17,154
23,156|
|||40,310|
For the year ending 31 December 2025, 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 trustees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of the accounts. These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies’ regime and in accordance with FRS102 SORP.
Signed by one trustee on behalf of all trustees:
|SIGNATURE|NAME|DATE OF APPROVAL|
|---|---|---|
||J E Murphy
Chair of Trustees|16thJune 2026|
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Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## **Note 1 BASIS OF PREPARATION**
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.
The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011.
## **1.2 Going Concern**
The accounts have been prepared on a going concern basis as there are no known reasons or uncertainties that FISCH will not continue to operate over the next 12 months.
## **1.3 Changes of Accounting Policies**
The accounts present a true and fair view and no changes have been made to accounting policies since the prior year.
## **1.4 Changes to Accounting Estimates**
No changes to accounting estimates have occurred in the reporting period.
## **Note 2 ACCOUNTING POLICIES**
## **2.1 Income**
## _2.1.1. Recognition of income_
These are included in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources;
- it is more likely than not that the trustees will receive the resources;
- the monetary value can be measured with sufficient reliability
## _2.1.2 Offsetting_
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
## _2.1.3 Grants and donations_
Grants and donations are only included in the SoFA when the general income recognition criteria are met.
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Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## _2.1.4. Tax reclaims on donations and gifts_
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise _._
## _2.1.5 Volunteer help_
- The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
## **2.2**
## **Expenditure and Liabilities**
- _2.2.1 Liability recognition_ Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## **2.3 Assets**
## _2.3.1 Debtors_
- Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
## **Note 3 INCOME**
||**ANALYSIS OF**
**INCOME**|**UNRESTRICTED**
**FUNDS**
**£**|**RESTRICTED**
**INCOME FUNDS**
**£**|**TOTAL**
**FUNDS**
**£**|**PRIOR YEAR**
**£**|
|---|---|---|---|---|---|
|**Donations**
**and**|Donations and Gifts|54,843|28,693|83,536|74,418|
||Gift Aid|5,441|4,441|9,882|10,563|
|**Legacies**|**Total**|**60,284**|**33,134**|**93,418**|**84,981**|
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Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## **Note 4 EXPENDITURE**
||**ANALYSIS OF**
**EXPENDITURE**|**UNRESTRICTED**
**FUNDS**
**£**|**RESTRICTED**
**INCOME**
**FUNDS**
**£**|**TOTAL**
**FUNDS**
**£**|**PRIOR**
**YEAR**
**£**|
|---|---|---|---|---|---|
|Expenditure on
raising funds|Online donation
platform
processingfees|761|-|761|297|
|Expenditure on
charitable
activities|Funds donated to
FISCH Tanzania|70,323|30,603|100,926|97,677|
|Other|Cost of sending
funds, website &
email fees, bank
charges|677|-|677|313|
|**TOTAL**||**71,761**|**30,603**|**102,364**|**98,287**|
The majority of expenditure for both the current and prior year periods was on charitable activities. These funds were donated to Future for Iringa Street Children in Tanzania to fund their activities.
## **Note 5 DEBTORS AND PREPAYMENTS**
|**ANALYSIS OF DEBTORS**|**CURRENT YEAR**
**£**|**PRIOR YEAR**
**£**|
|---|---|---|
|Donations held bythirdpartydonationplatform|271|179|
|Gift aid receivable|877|2,284|
|Donations made in advance|0|1,036|
|Prepayments - other|37|0|
|**Total**|**1,185**|**3,499**|
Debtors relate to the gift aid receivable, as a result of eligible donations in the year ended 31 December 2025, and donations made to FISCH via the third party online donation provider, not yet received by FISCH.
|**Note 6**
**CASH AT BANK AND IN HAND**|||
|---|---|---|
||**CURRENT YEAR**
**£**|**PRIOR YEAR**
**£**|
|Cash at bank and in hand|30,533|36,810|
27
Trustee Report and Financial Statements 11 month Period 1 Feb 2025 to 31 December 2025
## **Note 7 Fund Movements**
Summary of fund movements during the 11 months ending 31 December 2025
|**Fund**|**Opening**
**Balance**
**Income**
**Expenditure Fund**
**Transfers**
**Closing**
**Balance**|
|---|---|
|Unrestricted
Restricted
Food
Education
Shelter
Social
Staff Support
Other
TOTAL|23,156
60,638
71,761
0
12,033
17,154
33,134
30,604
0
19,683|
||3,782
16,657
11,298
0
9,141
9,898
13,017
16,111
0
6,804
34
313
14
0
333
2,750
1,863
2,020
0
2,592
44
1,169
978
0
234
647
116
183
0
579|
||**40,310**
**93,772**
**102,364**
**0**
**31,718**|
Food Providing monthly food parcels to families in need and school lunches Education Supporting learning of various students, including sewing and car mechanics Shelter Short term accommodation for street children Social Football club kit and equipment and funding for celebrations e.g. Christmas Staff Support Salary for social worker that works with the youth Other Meeting girls' medical needs and cost of reunification of young people with families
## **Note 8 TRANSACTIONS WITH TRUSTEES AND RELATED PARTIES**
None of the trustees have been paid any remuneration or received any other benefits from the charity or related entity. Furthermore, no trustee expenses have been incurred.
There have been no related party transactions in the reporting period.