Company Registration Number- 09318813
The Charity Reglstration Number is :_ 1160S72
The Good Life Orphanage & SBM School
Report and Accounts
31 December 2023

The Good Llfe Orphanage & SBM S¢hool
Report and accounts forthe year ended 31 December 2023
Contents
Page
Charity inforfflatlon
Tru$tè••' Annual Report
Statement of dire¢tOf•' r•gpon8lbllltl
Independent Audltors. R?port
10
Funds Staterngnt¥."_
Slatem8nt of Financl81 Acllville8
Slalemenl of Financial Acllvllle8- PiSor Y&gr 818lem&nt
12
13
Slalèmartl of lo191 recognl88d galn8 and108se8
Movements in lund8
Rev8lu81ion reserves
Revenue Fund8
14
14
15
Fixed Asset funds
Income and Expenditura a¢¢ounl
Summary of funds
15
18
Balanc• •h••t
17
C4¥h Ilow •tst•m•nt
Notes to th• account•
18
19

The Good Lwe & S811 School
Trn8tsu' Annu•l R•port forth• y•ar tnO•d 31 t)ecemb•r 2023
Ind •drnlnts¢r•tiv• d•¢•ll•
Th• ¢h•rltyn•

Tho Good Llfo Orphanage 1 $8M School
￿￿-09s1&￿13
TN8tees' Annual Report for the yeargnded 31 Decemb•r 2023
14fjG5. 111.Z 4Aft
7811377101
The MgiBl0100 offic8 ollho¢h•tity forCompanKsAcl the 8am8 a6 Iheopgfollng •&*o11 •hLfMI 4bOV•.
Th•TNllaq• In oinco on ¢n•é•t•ih• Ipya￿dW*r1..-
MBguiro
l*ond8n
Thd *11￿￿9 p•rnon• ••r*•d •• Truito•idurtnll th•y•4i•nd•d $1 O•c•rnb•r2021:.
IholwktQDl*4lOWY00 In iho 14*MallP•M14bM. •no*mw4ro noth•ngMdurfngth•yoii.tykn Mllpth1OJ
bONYQW lhO￿Talld Ihll iPWOvaioILnO
All lh• Iruileu iro *lK* M•m￿￿ ol lh• chwlty.
Iliono•n
M4llhow

Thè Good Lll• Orphan•8• & SBM Seh••l
CorrWyR￿str￿Vthl Numbui. DD31651?
Trustses. Annual Reportlor the yeir ended 31 Dorgmb?r 2023
Oblo¢t• Ind •ctl¥l¢l￿ olthe ¢hJrlty
Thopuo>o8•& of th• ¢h¥rlty 88 $Otovtltt 118 ￿￿•￿1￿0
T￿ piweniih•lr8nnu•l ￿9￿her*71h the flnfftnci￿ JlJlemen15 of ihe chantyfor thEyeai on#¢d D6e•mt4r 312023
wh￿h alwwepB￿ tomeel the rewiremenlj fora diredoTS' fopDrt and 8¢ctsunis loi Ctsmp8nw 8th pviw888
REPORTING FR4MEWORK
Thg financial ¥t4lemEnts COMp￿*￿h the Chartllès Aci 2011. IJ* Compwl¢iAa20C4, th• M¢mwandum and Ar￿0¢
A8soGialion,
A¢counfjno 8no ChAnU81". si•lemènl of R0￿Mm•no￿d PiiGt*g io thafide*wopadnu lh￿r￿(Loynts in
CCLTrfdWC6 wlth Ihe Fin8nts￿ Reportlno slan08￿ Appl1￿￿8 In UK R•pJbUcof Ir0￿nd IFRSIOII l•fftCbYe 1 January 20151.
rèlfrrroo 10 86 th6 charl￿8$ SORP IFRS 1021.
Th• m•ln •CllvlU•* und•rtak•n In rnl•llon to th01•pu￿oI•l dwlng the yw.
The olth•thrftythl¥ ￿lI￿r•Con￿o¢t1￿ fundrnthlno •M Inth• ol4dmln￿VWi¥• •MMtwc• Ip th
DM Keny•njn8tytUl￿pUblICts￿￿￿l
Noch•ryo1 •1• io th• thI￿ren W￿￿11￿0 erthwthè WOOIty lh• Drph8n4• In K•ny•. In Und￿•kIng Iwr th•
Truiie¢8 ol lh• how8lv•n thè Chirlty Commliikni pu¥hh•d I￿08nC• on pL*I*
ThEcharttydoèi not èmpwithff ¢rqngag• ￿be￿ltrIc￿NItts und•rt•k•ili 11 rfrN•i onitr•tyw ¥dunteEr iuppul. A
t19￿￿c•￿t contdbthloA In i•M￿ olfundralBhg Ihoprovwon ol wjppon blh• K•ny•n Inidlulbjnb. wernl UK

Tho Good Llfo O¥phI￿O¢ & SBM School
Tru#tee8' A Thnual RFport forthe year ended 31 D•¢embor 2023
The J¢llvllle& undert•kett dwlno th• ye•r to furth¢rth¢ ehwlty*purpose forthepubllc
Thè ooJect& ol ihe thanty. wh￿n Ote ftyihg pubNc ben2l1. are to..
111 the advaDc4m8ni ot me ethJcaiiDn of the in p8rticvkqr. t￿t￿lhOUl pl1￿11(¥ tothogenwd￿Ql tho
lowegoino. èi tr10 gwo I￿* School In Kenya by W0v￿1n￿ ano a8818lno in Ihe woviilon 011ouiiikns lor educalbn al the sthorA.'
12110 reliev¢ gickne55 and povety JmDngsieml￿J￿Th •nd young peop￿ through th provlBb2n and opErallon of an orphanogg in
Kenya..
13110 advanro In Itft and roiie%* thè nee08 ol&vw9 p£ap￿th￿h lal thé ol Me*8￿￿nI14nd leAwr•1kno
pThithd In Inioie$i8 ol sC&?alY￿Iralfr. des1gn4d lo mpro¥e th￿rG0ndib0￿1 DI Ulv, &ndlOI Ibl Swovldlng 1uppr￿ and aCtiwU88
which ¢•V6W Ih•f sk￿1$. upacltks and capabili￿e5 io qhEOi•lnemiD Psrtlrypeie In 8o¢W8• mat￿1¢ 4nO reBpw$ibie ind1vil￿all..
141 lor the puDUc be￿flI. any chafit•b￿ puipole l•win En#•nd 4nd W*91 uthB 8n•ll In th•
•DWlulfr di•cret￿n IfQrn iime ￿ IimEdeterrrfhB.
Ilirns
Tne main 01lhEcthrity 15 to lundralae In SKI UK In otdorto Prov￿J9 fun#•w chthtobk In Ke￿. Ildoos n
undenake Lvm actK4tybJl w¢wde$ Itn•nchl support inilliuliDnts in Kewa in ILdr￿men101 N•thyr51at4e purpo￿.
The M Injlrtutscns Il iuprorti w Keny¥ affjTh• Goad Lile Oiphllnage and 818omadQttO Mary S¢Aooi. In ¢Ndw ￿lUppOrtIh
•lloclive useul 118 fun0￿0 the chanty ￿¥0 probldei pro bontradminiitrl￿ve lupport tOth8S6 In￿1￿￿*
Tho ttontribvtlon olvolunlo•r8 ¢urtng y••r.
TheehJftyJo•i ￿t blaff or onoao• ￿￿tract￿ll•unQ•￿￿I n r•lle¥ enur•lYon￿YnI•￿ ILWOn. A
eoninbuwon In termith fvnaraiihg ory8nl8￿￿. th• kYo¥llon ol wpport tothl Kgny•n Iroutulkni, Ind g?narnl UK thlnl•ir•Uo
Tho m•ln •chlo¥om•nl• ind porformanc• ol th• charlty duflng tho y••r.

Th¢ Goo¢J Llfe Oryh•na90 & $8M School
CompEThy Reg￿￿*in￿*or.o8Jl￿￿l3
Trustsos. Annual Roport for tho yoar endod 31 Dectrmber 2023
Schogl
Dudn9 Iheyew, iho P￿￿080 fu￿1￿ w 8UFVQrtlho Sl BemHdDtte Mary School m KenyaThE i5￿g￿ed as a
private mixed4layschaolwrththe M￿lstyar Ethjcauon. The Scho￿ PiDvhYedfreB eduralion lor33B wpds. 331 ¢*ik*ren Irtyn the
suliou￿lry1cOrnMu￿lW¥¥hD liye in atyect PDvety and %￿uld 0￿￿73t￿¢¥ef hav6 altendod ao*o¢4 8lortg 7 thildren Irom The
Good Lite Ownap.
H¢v80
We hwen8mtd H￿tiO Oi¥￿ Pa￿0 aw&yin 2021. rt 1> ¥Wy¥U(W9ttA wtho¥tt 100 di5*Bd antr s￿al
neeos th￿d￿n attending *tektylh¢r8W gesS￿n8. We8￿ ¥ery keen toeypaid laU￿ty￿s1here isnoW smi￿1 inthe art8
prw¢in9 asSffdtan¢e Iolhe needwi chldren
Orphanage
Good Lile Orphanage Dunng 2023. 1￿chanty pra￿ded fundiro towppm Lite Ortsrw ￿ Keny•. Tne ¢rph8n•ge
Ca￿15 lorchldien up to the 4e ol ie ￿ar$ The Orphanageis Tqgisiereo as a Charitab*ChI￿￿n'8 IA81ilubon and the Kenyan
Go¥emm2nl{OepartM￿I lorchldren Serviesl ￿ChIldren to Orphanage.
The fundirfjFYo¥bled by thi5 chanty p￿IdeS lor.
. Saleand ￿￿tab￿aCcOMMlldabon.
. ThtÈe meaL8 8day.
tNI the childTen ar¢ eilheruphoned. abandoned or1Mng h8V4Lllde *tUabOn %%ther6 tnay •re In oangei, and manyare malnouri5h2d
&arnp". abLPSed 50 the need far 5pEoar￿I care ￿ pararnounl. During 2D23M*¢onbrwfjd lo Ensu￿ all the childrenv*rewdl caied Ir
In a secure enviroDrnenl S8M SrhoDI, DwVDralwy)al Trwning Sedon And Therapyaamp". Respite CenliecDnlinu810
ouri3b withmDre nepdychildren h#viny 8ftsS5 10 I￿1￿111￿¢S There are nrm 39 thI￿￿n being supwled ￿￿tAinl￿￿r￿Mten￿tO
18milvas in IhEcDmmunty IS￿¥re 8wwe Ihai h3bing ihL8 Ibik*ilh Ihew famihes is Very imputsntfor siabl￿ty a
devdoprnotrf. M 18 provifwa 10 lor¢he¢hlldM and theirextendud tarn￿￿$.
Fun#ralJlnw proyrEss
Th￿ was no annual fundrai￿n9 evenlin 2023. the thaiity c4JnUnued ￿ recewe mwthty LknwKJn¥ from peOp￿Wh￿ gotthYart5
co¥enng sOrr￿Of the anNai iunnln9 t4)SlS. ￿ ié¢ei¥td an aftnuald¢nO￿Qn fw t￿ F2mlWthal co¥ers theoperatiroJ coslB
41 St EemadEtte Mary ScTh￿. Hau*'8 H(¥JseThwaty8 Re8ptte¢enlTea150 received an annualdr￿￿1hjn t￿￿&0pe￿￿r￿J ￿5¢$
ftDm ELfenbBtu Charitab￿T￿sj

The Good Llle Orphanagè & SBP4 S¢h•ol
Tru8tee8' Annual Reportfor ihe y•ar ÈThled 31 Decem￿ 2023
Structure. gov•man￿ •NI m•nagvmertdth• ¢h•rlty
Flnanclal revievi
The ¢han"ty> finrti*posiIT¢¥n atthe￿￿oI￿•y￿lrt1￿Ijf DewAv2
22
•t5ncrAI
37.1
T￿ll1 FuTrJs
FlnwJ¢lal revlfflv tsf thep05itiOn atthe rnpothgd•t¢. 31
Ou￿nI thewr, ihethsrityrAmy￿1uWrtIea £223.251 tOSuFPYi*sttoriiatée Fupxes

Tho Good Lh Orphan•9• & SBM S¢lwl
Trnsteej, Annual Reportforthe year ended 31 04¢•m￿l 2023
eurrenl OFeraliny bl￿g￿tstr￿5eqUth A¢ 31 2023thE1￿2 ￿e￿￿e5 £316.2)1. FU￿re￿I w￿d5
*8¢h fu￿.
$¢•t¢m0fit of thè Dlr•ctor%' and Tr￿￿0¥. Ro8gon•lbllttl•s
exlonl staiuiw1*gubb¢￿.thÈ Crwths [A￿n￿ana Repxtsi ￿e￿￿kn20D?. 10 ii*fiAyK•l ststernents In
8¢¢ord8nce*ith the SORP 2005. In vthy oftr* Ixt thallhe SORP 2rm has trTruskes deienroned to
Ihis (e$D¢￿s￿l11tya$ ieouti4r*a th&n to fckn*oJThwl bE51 rww¢the¥xxwrrts the FRS 102 SORP
tye9inmThJ tyi oi after 1st JarAw 20191. (The SORPI.
sta￿ olats15
the fin8fwI F*￿tIon ofthecharityand*thKh ate ￿*S￿￿e¥la￿l tschantystran5acwm5 andw3t4e I￿rn w ens&Ke
pl0th￿ ofwop•r•tlon 01•￿0¥￿￿-sffi•II £omyny wovl8lon¥

Tho Good Lifo orphana￿ & SBM School
p#nylloBMtr•fjon F*thT&or.M1881J
Trustees, Annltal Report for the year end?d 3108cember 2023
The financbl 9ts1ernen15 have￿e￿ m8red imrAerneThtry the FRS 102 SORP ¢*wff￿￿olR¢COMn*nrf¢d PRcUce f
AcCo￿￿n9 Reputln9 by Chwib8sI 2D10. ￿P￿￿3b￿l0 periods ba0￿5￿ ￿ oiafter 181J￿ry ZOIg).1
SORPI, and In acEDrdarKeYthh the Finandal Reporbng 8tandaid 1Q2, {ÉffathNe 1st J8nuary2016)
Tho% 51aternents hawei*8n w¥ed In a￿￿￿(* with I￿ provknThiMkn Part 15 olthe ConyrfegALt20U8.
tocompanie5 Subj￿1 tolhtr sm￿1 rJirnpank5 wlm9.
SINEAD HARDING
TA￿1¢0

The Good Llfe Orphanage & SBM School
31 De¢ember 2023
8lgn•d:.
Thls report bYd5 svJned on 2e January 2025

The Good Life Orphanage & SBM School- Statement of Flnancial Activities for the
year ended 31 December 2023
Statement of Financial Activities (Includlng the Income and Expenditure Account for the
year ended 31 December 2023, as rnquirnd by the Companies Act 2006)
SORP
¢ury•rty••r
Cumintye•r
Curr•n¢ y•ir
Toial Funds
Ptlw Y•ar
Total Fund*
Fund•
Fun
2023
2022
Incom• & Endowments from:
0onAtions & Leg8rie8
A1
222.351
222,361
270,631
Expendltur• on:
Chanlable activrt
195.925
196.920
233.437
Tot41 expendlturn
195.925
195.925
233.437
Nel Incom• lor th• y••f
28,426
26,428
37,194
Net Incom• •ft•r trnn•f•r•
21.421
26,421
37,194
Net mov•m•nt In fundi
21NX
26,426
37,194
Reconclll•tlon of lundi...
Tol¥l funds brought IoThY•fd
289,805
289.801
252.810
Total fund• c•rrl•d fowrd
316
316.231
The'SORP Ref Indicated abo¥e ij Ih? ciu8ikaiw)n ol irthn• set oul in IPe lorn￿1 SORP dL¢ument8. As required by
paragraph 4.80 of the SORP. the t*0￿h1 forwwd •MJ ftyw•fd frJnd8 above have bewh agread to th• Balanc•
Sheet.
A separaie S18temenl of Rèeo9niq•d G•in Los•e4 li not rtsywed os this S￿1•￿nI inclLhJeJ ¥ll rec¢*Nii¢d
gains and109¥￿.
All the prior year transaCtK41s ww•stricted it•M. •rKI omlysis is req￿red
All Bctivilies derive fiom conllntiw operation$
The not•s attach•d on pages 19 to 20 forrn an Integral part of these accounts.
10

The Good Llfe Orphanage & SBM School - Statement of Financial Activities for the
year ended 31 December 2023
13

The Good Life Orphanage & SBM School - Ststement of Flnancial Actlvlties for the
year ended 31 December 2023
Movements in revenue and capltal funds for the year ended 31 December 2023
Revenue accumulated funds
Toi•l
Lastyeir
Toial Funds
FuNt¥
Fund¥
Z022
Aecumulaied funds brought loNArd
289.805
289.805
252,610
Re¢ogni5ed gains and losses be
Iranslers
26.426
26.426
37.194
318.231
316,231
289,804
Closlng revenue funds
316.231
316.231
289.804
Summary ol funds
Toial
L••1 Yoar
Toial Fun
and
Fuh
Fund¥
20rJ
Revenue accumulated fvn¢ts
316.231
316,231
289,804
The notes attached on pages 19 to 20 forni an Integral part of these accounts.
14

The Good Llfe Orphanage & SBM School - Statement of Financial Activities for the
year ended 31 December 2023
The Good Lrfe Orphanage & SBM School
Income and Expenditure Accounl for the year ended 31 December 2023 as required by the
Companies Act 2006
2023
2022
Income
Income operab.or
222.3S1
270.631
InvestsMIt income
Gross Ineome In the year befwe exceptio￿al Itemg
221351
270.631
Gross Incorne In the year Includlng exceptlonal itèms
222.351
270,631
ExpendltsN•
195.925
233,437
Reali5ed trJ$8es on dw)saL8 ofswal inveslmenls *thich are related
Total expenditure in the year
195.926
233,437
Net income btfore tax in the financial ytar
26.426
37,194
Tax orb surplu5 ￿ ordtnary acbvitss
Net Income after tsx In the flnanclal year
26.426
37.194
Retained surplus for the financial year
26.426
37,194
l aclivilies derive from continuirwJ operations
In accordance knith the of Ihe Cc*npanie¥ A¢* 2(￿. the h￿irw￿5 aTrJ subheath.ngs useLI in the Ir¢corne and
Expeftdrture ace￿nI have t￿n adapted to refiect Ihe speaal nath ol Ihe activities.
The notos attached on pages 19 to 20 forni an Intsgral part of these accounts.

The Good Life Orphanage & SBM School - Balance Sheet as at 31 December
SORP
Note R
2023
2022
Current assets
Debtors
Cash al bank and in hand
13 82
317.181
282.451
Total current a•90ts
317.181
291.451
Creditors.. •mount8 f•lllng due wlthln
one year
14 C1
11,646)
Net ¢urr¢nt ••••ts
318.231
289,805
Th• total net a•¥￿ of th• charfty
316,231
289,805
Restricted fund•
Unrnstrlct•d Fund•
Uni88lricled Revenue Fund8
316,231
252.610
318.231
252,610
De•lgn•t•d Fund8
Tol•l ¢h•rfty fund•
316.231
289,805
The'SORP Ref indicaled above is the d8ssifi¢ation of 84lanc• Sheet flems as set oul in the lomi81 SORP
documents. As required by paragraph 4.60 01 Ihe SORP. Ihe Ixoughl forward •nd carried lorward funds above
have be￿ 4grefjd to the SOFA..
The directors are $ali$fi•d that the company 1$ enlitled lo exemption from the requirement to obtain an &udil
under saclion 477 of the compani￿ Acl 2006.
The member h¥$ not requlred the compw lo obiain an 8udil In xctyd•ne• 476 of Ihe Act.
The ￿1￿CtorS a¢kno*ledge thelr respon5iblit*s for &JnrAyii¥J wlh the r•quirnrnnts ol the Companies Ad 2006
with fe$pecl lo accounling re¢ord8 and Ihe prepar81ion of accounts.
Th8 financial statements have been prepared in accordance V•ilh the provision¥ in Part 15 of the Companies Act
2006. applicable to companies subject lo th? $rn811 ¢ty))p•ni¢s re9The.
SINEAD HARDING
16

The Good Life Orphanage & SBM School - Balance Sheet as at 31 December
Twsloe
Approved by the board of twslees on 26 January 21r25
The nots4 attached on ￿ge3 19 to 20 f¢mi an Intsgral part of th•s• accounts.
17

The Good Life Orphanage & SBM School
Notes to the Accounts for the year ended 31 Decernber 2023
1 A¢counting poIscioS
Policies relating to thèproductlon of the •¢¢ounts.
Ba515 of ￿parat￿ort and accourtln9 comionuon
The attounts have been prepared on acuuals b•$s. urtderthe historical Mst convention, and in a¢¢ordan
ilh Ihe Financfal Reporting Standard 102. leffe￿NB 1st January 201618rn1'FRS 102 SORP (Statement ol
Recommended Practice forAccounling 8nd Reporting by Charrfiesl 2019. applKable lo all a¢counlirYJ per￿5
beginniny on or after Isl January 20191. (The SORPI. published by the Charty Crxnmlssion Engkrtsl & WalES
ICCEWI , and in accordance with all applicab￿ law in Ihe ¢harit*$jurBdi¢tion of reg￿tratIOn, excepl Ihal the
charily has prepa￿d the financkql slalemenls in acGordance *ilh the FRS 102 SQRP Istalemenl of Recommended
Practice forAccountsng and Reportlng by Charitie512019. applicable Ip all a¢¢ouniing periods beginning on or
after 1st January 20191. IThe SORPI, in p￿re￿nCe io the ple￿0v$ SORP, Ihe SORP 2005. wh￿h has been
wrthdrawn. noiwithsianding the faci that the extant slalulory regulations. Ihe CharilBs IAtt¢vnts and Reports)
Regulation5 2W8 ￿ler explicilly lo the SORP 2005. ha8 been d￿e to Bccord wlh cuirenl be$1 Pfactica.
Going Coneem
The charIlab￿ aGti¥il*$ are enllretyd8p8ndent on conlinulng grant aid and V￿Untary donations a8 well a5 Irading
revenues. As a consequenrE. the going con¢ern bas￿ 1$ depentsnl on the futu￿ fl(w of these uncertain funding
$ireams. Accordingly. the T￿Slee5 hB¥e obtsined fore¢a$15 and. after Ihe finan¢lal forecasts for futur8
peric*ls lo 31 DeGemtypr 2023, the Truste88 are ￿t18r1ed that, al Ihe lim8 of approving th8 financial 5ts1emeDts, il
is appiopriale lo adopt the going concem ba$1$ in P￿par1Th9 the fittantial $lal?menl$. Othèrthan the8e mallers,
the Trustees are not aware of any material un¢krtainite$ abvul Ihe ¢hariV$ abilrty to ¢onlinue as a going concern.
Risks and futufe assvmptlon8
The tharty is a pvblK benefil enlrfy.
Pollcies relating to catègorfes of Ineome andlncome recognltlon.
Plature of income
Gross irt¢ome represents the value, nei ¢f value added tax and di$couthts. of good$ provided to ¢ustorners and
work carried oul in respect of servtces provuled lo tustomets.
18

The Good Llfe Orphanage & SBM School
Notes to the Accounts for the year ended 31 December 2023
Catggorles of Income
Income18 calegorised as Income from exchange transadon8 (contract income) and income from non4xchange
tran$adon$ (gmsl. Sn¥e$lment income and ¢ther i#cone.
Income from exchange transactions is by the charity forgoods or $e￿¢0& Supplied und8r contract Of
where entitlement ss subject lo fuifilliThJ perfomianc8 related condition5. The income the charity re¢eNes is
appioximalety equal in value to the goods or servlces SUppl￿d by the charity lo the purcha8er.
Income from a non4xchong8 tran$a¢tlon ¢Whe￿ Ihe charity ieceives value from the donor wlhcul provKling
equal value in excharrtje. and includes donations of money. goods and 5eryiGes Ireely given without gfving equ81
value in exthange.
InG¢Jme recognltlon
Income, W*￿ther from exchange or non exchange tr2n8aclK*ns, is recognK8ed in the State￿nI of finan¢i•l adwit*$
ISOFAI on a re(xw4ble b4sk5. when a Ii4nsaGiiDn or olhEr event ￿SU1¢S in an fjnciease in the charity's assets or a
redud￿n in 11$ liabilitie5 and ontywhen the charity has legal entl￿eMent. the income 1$ probable atw can be
m&asured rel￿bly.
ONthJend8 are accrued when Ihe sharehokjei's rfght lo rec8¢ve pa￿en1 is eslabli5hed.
Income subject lo terms and conditions which must be met ￿fOre IhB charity 18 enlilkd lo Ih8 resouw*$ 1$ noi
recognised unlil the condrtions have been mel.
All thcome 1$ a¢¢4uni¢d for gr•s$. ￿f•re deducting any Rlatsd fee• or ¢osts.
Accounting for deferred Income and income received In advance
w￿re lerms aTrJ ¢on¢Jiti"on$ rolaling lo inMme hovo not b88n rnel or uncertaintyexi815 as lo whether the tharty
can meet any te¢ms or condhSons othe￿1$e wilhln Ils control. incom8 M not ¥ecogni88d bul is deferred as a liability
unm it 1$ wobabk that the lem$ Of ¢4)ndilions imposed can be rnet.
Any grantthal is subject lo performance-related condiits?n5 rt￿￿ed in advance of ¢Jelivering the g(x)d$ an
serwces ¥equired by th81 condition. or is subJ'8cI lo unme¢ condition5 wholly outside the ¢oniiol df the reclpie
charity, is accounted for as a liabilityand shown on Ihe balanGe sheet a5 deferred irscorne. Delerred income is
released lo income In Ih? reportirvd ￿rIOU m whl¢h ￿rfOrManCe-r0L9Ied or olhercondilions that limit
le￿gnI￿On are mel.
When inwrne from a grant ordonaiion has not bEen rncognised due to the condition$ apP￿n9 lo the grfi not being
wholtywithin the cenlrol of Ihe reapient charity. il 15 disd05ed as a trjntingent a55el if receipi ofihe grant or
donation 1$ piobable once ¢hose ¢ondition$ a￿ met.
Where time related conditions a￿ imposed or implied by 8 lunder. then Ihe Income is 8PPOrtioned lo the lime
period$ ¢on¢erned.and. V1he￿ applKable. i% a¢¢ounted for as a liabllity and shown on the balance Sheet as
deferred inGome. When grants are reGeNed in advance gf the expenditure Dn the a￿l￿ty funded by them. bul Ihere
are nv 5perifiG litne relHled Gor￿￿￿￿$. Ihen Ihe ￿GOMe o not defeired.
Any condition that allows forthe recovery by donor of any un8xpended part of a granl (Soes not preveni
recognition olthe intome Con￿rned. but a liabilrty lo any repaym8nt18 r8coanlsed when repaym8nl tttomtrs
probab￿.
19

The Good Life Orphanage & SBM School
Notes to the Accounts for thg yoar ended 31 December 2023
Donated goods. fac17￿85 and servi¢es
Donated flAed assets are reGoynised at Ihe cuwrent la¥ valuE. Al su¢h dty7a1￿ are as doAalknn
incorne. and delyted t• fL¥ed 858els.
Dorwted 9ood5 thai not flxed assets a￿ accol￿le¢ ot o ts*value. unkss l 15 inpradKo1 to relsabty
rreasure the Val￿ olthe donated items.
In the absence of any direct e¥*je￿ olfair ¥alu8 of d¢￿ated gcrf>ts. then a ￿knje s derNW Irom the r•si Of Ihg
rtern lo tht donoror. in the case of gc￿$ that are e¥￿￿•1 to be 5c&* the estmmied tesak value after dedvdin9
any anlripaied c081s of 8818S.
If d 1rnpractKab￿ to mea5ufe the f3Y ol9(￿￿$ donated res*. orthe c¥)Sts of¥a￿￿ oufv*wJh the
benefrt$. the donated gooas are rew¢¢d as sobj. wih an equpA*oi amount W rec(snised •$
n expense.
The cos15 01 d*)nated lor d￿￿￿Ut￿Jn to t•￿r￿ ¢ to be the lair value olth¢J5e 9oc41s upon
I￿1p1. Ilvhen Ihe gocrfjs arE li8tr*Jtsied fraety orlor a rKffjinal ¢onsbJerawi. then the canwng $ adjusted
31 the tsme of sak. lo the valut ai the ptynt oflsth"lyJtion aTr1 ts ￿l￿tment 15 shtr*n as a ¢osl of donation5
made.
The carrying amount ol any stor* hebj for di81r*utKffj a55e55ed forthyimient althe reportw date. ￿1 donaled
9000s are recognwd a$ donaib)n ￿COrne. aTrJ demed lo li?d￿ slcthwhen irnding Stoth * subsequehtty sc41.
or appropriated lo rneel an Èxpense, then the carryiryJ valup of the 5t0¢* * wtyjnoed as an exF*￿e. In
accordance the SORP. gocpjs donated lordi51thu1v￿ I01)e￿￿. tyfi*o]fisurnptKsn by the charity•re
included in leg￿￿$ artJ&**MtsDns'. Gcojs donalEd lor rE5•k •e itKluded from oUwfra*
The o)siaf any siock olg¢x*J5 donsled lor d¢IribUt￿n to benerm￿S r8de8med to Ihe fairvalue of 9Th78
al the oflheir ￿¢¢￿. Illhe gooJ5 h8W are to te f￿￿ty10r a nrffiml con5hleratiM. then the
carrying amwnl ￿ subsequently adjusted io relled the bAwoldeenW ¢o$t adj'uststy fw any of seite
PDleniial and replaceffenl cost. Replacement C05t 15 the ecorW￿CQ$t Mi¢iiNed rftP¢ chartywas to repL9ce Ih
5ENiC* pdential of the donaied 9(￿)$ ol ts (￿n the mo5te(*jDL¥n￿ manner.
OoThat8d service5 and facilities (wKI￿lIng sects￿￿ stall •1 wOP*TrI we the accounts on
the basts ol the value of Ihe grft tothe dwrty-
All donated services an¢J fa(&t*s *È reccoJnlwJ 8sthJnaTh irKg>mo*lxn r8rAwed.Iprovhled lhe￿I￿e olthe grfl
an be mea$ur8d an¢J ￿nryed as an eyrtse vAth an
Policies Telabng to exp￿dIt￿Tr on goods •Rdswvi¢•s pmvAd•d to th• eharlty.
Allocatlng costs to •¢bvibes
Oirect Costs th31 ale ¥petif• wlaled lo an aciwty we ¥lkcated tothat a¢iivity. SP0Rd dired D)$15 and awJpty1
Cosis a￿ appOrt￿ned tsel￿n acINit￿.
The b8Si8 for #pportiMrr*nt. is U￿￿18￿ty3prl£d. *d W¢Ptslb)Aa* to Ihe •roJmslarw. 15:.
Staffing. on Ihe basts oltine ¥*nt in eunne(kn wlh any wlw>Jl¥a¢tr¥ty.
staffing. on a F¢r cap￿a basis. based on the nwnbefolof Fe¢p￿ empw within •ny pol1￿￿ra1￿Mty.
Premi585 rekited costs. en the wowth)n offAwaTEa ocoJp*l ty a parti￿lar8(￿ty.
Nan specific support costs- on the bas$ olthe usage of resources. in terms ol ltyne takw.
capaoty used. reque51 made or olher measu
Estimation techniquos u%d in appOrt￿nM9 costs. we ¢kni1s
20

The Good Life Orphanage & SBM School
Notes to the Accounts for the year ended 31 December 2023
In atLordanee with lh& SORP. and sn reco9nillon ol Ihe Ibfr￿Ul1Ies in pla¢ing a mon81ary value on Contr*ul￿n
frorn ¥olunl8818. the contribution of volunteer5 li not includ8d wthin Iho Income of the ¢haiity.
However. Ihe Iruslees value Ihe significanl contribut¥Jn made to the aethwliei ol lh¢ ¢hg11ty by unpald voluntee
and th￿ li de$¢dbed rnoro fully in Not85.
Pollcles relatlng to P8S•ts, Il•biiitièS andprovlslons and oth•rmatt•rs.
Soclal Inve¥tm•nts
Any iealtyod gaim or ofi any progrnm• rolated Inveilment a$8al$ orn indud8d in row AS of the Sl•iem¢fil of
Financial Activities (The SOFA). All gains on other soc￿1 Inve$lmenli. %vheihei re8ll$ed or unre8ts'sed. aro induded
In row B4 of the Stslemenl ol Fin#￿101 Aclivllial
lfit•nglbl• •••gt•
GoL>Jwill1s belr4 wllt•n Off In equ•l •nnu•l In•lalm¢nt• 0¥gr Its eitlmated economlc Ill• 015 yearn, whjch aquil81
lo arnortiJalion 9120% slralghl Ilne.
Accountln9 for ￿PItal pr•nt• and Ilx•d u••1 fund
Glfls of l•ngbl¢ fixed ¥•wl• or 9rgnlJ ol a capitlll nature. •iwn lor th? purpo8•8 01 Acqulrlng spgcific aiioil i• b•
lulty ull￿ed In tha lurtheranca ol tho 04ocli of the charily, lie crediied 10 fixed •$iet lundi •ft¢i Ihg donated i¥i•i
as been r¢¢eiv•d or sums h•¥¢ been propedy expended on Ihe r•sirlct•d purpom.
Wher• Ihelorrni ol lh• glft r•quire IM chaiity lo hold lh• aBMt on •n ongoing b•sis lor • purpom. Ih•n the
x•d •si•t lund •0 ue•led ll ulegtylwd ao 8 reslrklqd flxod •sMI lund. and lh• i•l•v•nl r?11￿￿10n$ are rt￿•d In
th• fLx•d 411•1 nolo 0.
Whore the lemii ol the glfi •r¢ mel onc• Ihg 91$gt th acqulmd, •0 allo￿n9 th• eharty10 the 8•MI on On
uni?Jlrithd ba#ii, Induding Ihè ￿pht lo r&rthe th• pro￿8￿¥ of any future 8018 of IhB aJsel on an U￿r￿1r[Cl¢d
bull, then the fixed ass81 fund 80 created i# eattyori￿d As a de&lgn•ted fSxed a$$et fund.
When Asiets are icqulred lor the lyrther8nc• olthg ¢harWi obl•¢l¥. ulilisin4 th• th•fiVI uDre•lrfdod fund•.
IFan¥l•r i¥ m•d• from unr•¥In￿O4 fundi lo • d•slgn•led fixed aBSel fund.
Whether acqulred wilh unr881iicl8d or rnslrlcled lundB. th• ••MI wulr•d h Inlll•lly •hwn in Ihe balaAe• sheel •1
Iho lull co•1 of •wui$llion or sybsequanl r8v8lvatlon.
Ai th• ro18i•d 411•114rn depr#d81gd, In •c¢ord8n¢• wth the d•prerAalkJn pollcy.in order lo rell•ci the dlmunilion
in the 811•1.8 IianBf•r li made Irom the relev•nl flxed •1•gt fund8 lo ellher unreslrkled or r•¥lrid•O r+Kn￿ fundi.
as sppropriaie 10 Ih• i•m)i of lh• 0rigin•l 9ift. if •ny,
The &ffe¢t ollhli pollty ll th•1 the •ggregot• 01811 fixed aJf•l lunds thall •gu81• i• the nel boo* volu¢ offixed
8388ts.
In Ihe lir81 year Ihal Ihii policy w•1 adopiod, a Ir•nsfer to fixad a¥MI lund8 was made equivaleni lo the nel book
Value ol the a858ts.
Any re8ldual IlabllNy to IhB donor Brising fic¢n. ftrr•xample, the 88$?t's fuiure ule, 5$ (li$dosed as a conllngenl
liablllly unL8ss the event ihal would trf998F rnpayrnenl of th• gr•nl bxom•$ wob•ble In whl¢h c•ae a Ilability lef
repayment Is reco9Thi8ed.
Iniof•r 41 Ihis poll¢y re￿1￿ lo Government gr8nl$ ond lo the exlenl that il may be a departurv fmm the FRS 102
SORP (Statement of Recommended Practlce for Acwjnting Bnd Reporting by Charilie512019, •ppli¢obb lo all
accounllng perlods begSnnlng on or after 181 January 20191. ￿be SORPI. iueh do￿nUr* 1$ justified on Ihe ba815
Ihat1118 In ord8r lo compw wtth SORP.
21

The Good Life Orphanage & SBM School
Notes to the Accounts for the year endèd 31 D•¢omber 2023
Stocks and WO￿ In progross
Slock is valued al tl* o(cost arKI nei vah*.
Debtor¥
DeblNs are Trtasurtd all￿"r sh801 date.
Fund Accounting
Unfesi￿ed iunds ate ava￿a￿le loruse altr* ollhe InTh*85 in fijrth¢rn￿ olthe9wAra oL4edpth of
the charity
There are rK• eTrlownent lunds.
2 Liability to tsxation
The Trustee5 Cons￿e1 Ihal IhE ¢harity Ihp tests sel out in Para9raph 1 schedu￿ 6 of Ihe FiTran￿ Aci 2010
lor UK corporat￿n tax puwoses. Ac￿r¢1￿j￿t. the Chanty i51>)lentialbtexempt from resp8cI of income o
caprtal ga￿5 received *￿h1￿ categw covered ty thapter 3 parf 11 of Tox Ad 2010 or SectK
256 01 the Taxatbw of ChargÈable Gairts Ad 1992. to ex1enl tbat suth income are aPp1k￿ exclusivety
On the speafic tharitab￿ obieds ol c*arty al￿ for no ollw purpose. Valup Added Tax ￿ nol recoverable tytrf
Ihe chanty. anLS 15 Iheiefrxe indyded ￿ the rthani costs ￿ tbe stat￿ne￿I of FirLafits¥ AdMtse*
3 Vllndlng up or dissolution of th• charlty
If upon *inding up N d4sdulKtin of tr¢ ¢harty there ffenw any asset5. afler th8 58ithGtw 01 all debts
¢sabililies. the 888ets repre5enled ty the act￿mu1ated shall be trarthrr•J 10 some olhtr ¢hafdatrAe bctyjy or
bodies h￿ng simfjarobieds lo the thaiiy.
5 The contribution of ¥olunteers
The chanty deFend5 00 the Supp￿101￿￿ ¥￿1￿815. Ya mKh ¥)protsatsd. Tr eharity h•0 112 Vdunteer5
who donated 1.B47 hou￿ of Iheirtwne 51wdrrtiw events. Olher %￿Ul￿eerS urk1erttt* 40 hovts orma1￿￿$ and
di41ribulions and speoalisl volunteersiwth DBS (￿(k5. spenl 475 a yearsupr>Mir¥J theweek
chik1ren's and young peoplÈ'$writirKJ groups.11 is eS1v￿ate¢l Ihal the he￿ of ￿NteerS. the Festsvalwo￿
need to find Ihe equNalent ￿ o¥ef £20.000 to cknlain sThlai servKes. The a￿ar9e￿rtts vthh Yo￿nIeerS are
difficuN le ¥alue preci5ety in ffl￿etary temB and ha¥e t*en recogni5ed in Ihe Slatempni of Firtanoal Ach¥it*&
The ￿lUnteerS and the a¢¢¢Pt ar￿ ogR8 Ihal no contrad ofempw￿I 15 clealed by Ilwe
arrnngemenls.
6 Staff costs and emoluments
Sal•ry Costs
2023
2022
Gr055 S3L¥¢s exdudlThJ truste88 and W Managtrwip￿Qrt
192.627
232.274
Total salariÈs. VAges r•l4¢qd costs
19
627 231274
The averdge number ol parf time stsff empw in Ihe ￿ar￿a$
The avÈ12ge number of full lure Staff employed in the yEarwas
ThÈ estmat80 fv111in8 aquNaknl Trurnber￿ all $laIlw￿ in Iheyearwa5

The Good Llfe Orphanage & SBM School
Notes to the Accounts for the year ended 31 December 2023
Engaged on charitab* aclwl
Engaged on ptsbI￿ty actNrt
En98ged On fundr¥i$ing •¢Xivil*s
Engaged on rnaTho9emenl and 3dmin4trfm
N•therthe nor•Ay persons thom ￿¥• rnc*N•J any ￿￿￿1¢•￿) irty￿ the ¢hority or any
related enlty. eithw in the or pw >*•r.
omptyth F4n$#Jn conlrthulw tsl ¥tto lh• lo1*￿71￿4 *w•:.
2023
2022
£80.￿1 to £70.CI)O
£70,fr)110 £80,000
£80,LbJ110 £g0,C#)O
£90,LbJ110 £1C¥),OC
Th•p•Mlgn d•¢•ll¥ ol¥uch hl¥hwp•ldsi•ff w•."
Con1ribulh￿I Iw IN• proviilon olmomy purth•w p•Th￿n
Undoifflongy pwthax• pon•h]n schom
Und•f d•fh)ed ￿nOthI pen•bn
rernun•rakn in the yaarj
w••
P•niion conlth1l0￿ p•1# tylhe •mpb
Olh•r benefils p*KI
Compenyllon￿￿mlm1W)ft Ptymt
rvmuner8&on pocka
Includvdin •bov•
23

The Good Life Orphanage & SBM School
Notes to the Accounts for the year anded 31 December 2023
9 Remuneration and payments to Tru8tses and person5 connèctèd with th•m
No tru$*es or ￿lSon8 connected wlh Ihern te¢eived any ￿m￿n￿rat￿n from the charfty, or any related entity.
13 Debtors
2023
2022
TrBde debtors
14 Creditors.. amounts falling dut wlthln one year
2023
2022
Accrua15 for orants payab*
Accrua15
50
1.596
950
1.646
18 Pension comrnltments
2023
2022
Pension ¢ommitrnenl8 underdefined tsenefiVd8fined contr*trut￿n schem88
ilhin year
thin Iwo lo five years
in over fwe years
19 Financial commitments under operating leases
2023
2Q22
At the year end the chaflty had
nnual commltments under non-
cancellab10 operadng ￿8¥85 35 59t
out below..
OFeraling1085es whKh expire..
wiihin Or￿ year
thin h¥0 lo y88rs
in over fi¥e year5
24

The Good Life Orphanage & SBM School
Notes to the Accounts for the year ended 31 December 2023
21
Contractual capltal
ornmitrnents
2023
2022
At Ihe finanoal year end. IhÈ charity had entered In￿ ￿ttraCtual LXrnil￿ntS to
acquire t3rv4th fwed a55ets lor ￿ amwnts shm The amounts ha%* nol L
provbjed in the 8ccount5.
22 Income and Expendlture accountsummary
2023
2022
At 1 January 2023
Svrplu5 aftertsx the >tai
289.804
26.428
252,610
37.194
At 310ocemb•r2023
316.230
289.804
25 Partlcular¥ of how Pani¢uiar funds arn r•pr¢sented by assets and Ilablllves
At 31 O¢¢¢mb•r 2023
Total
Tolll
Ji
lunds
Fut)ds
Funds
Currenl Asxls
Currenl Lkgbilrt
317.181
317.181
19501
317.181
19501
316231
316231
316.231
At 1 J•nu•ry 2023
Tolal
Tctal
Funds
CufrentAssets
CuJrent Liabili
291.451
11.6461
291.461
11.6461
291.451
11.6461
289.805
289.805
26 Change In tolal lunds over the y￿r as ¥h¢)wn in Note 25. analysed by IndlvSdual funds
Ikn¢ff￿In TranBlerB Fwdsc•rrted F¥ndi carrfjod
Wor*•rO to
ftyw•rd to
2024
zoz4
lomr¢ frty
Z022
S•• P4thZ7 S•• NEll• O
Unfestrided Re¥en￿ Funds
289.&J5
25,426
31S.231
316.231
Total unrnstrkted ¥nd de8lgn•tod funds
289MOS
26A26
316.231
316.231
Totsi ¢barfty fvnds
289MOS
26.426
316.231
316,231

The Good Life Orphanage & SBM School
Notes to the Accounts for the year ended 31 Dgc8mb8r 2023
27 Analysls of movemen¢¥ in funds over the year ag shown In Not• 26
Oth¢r
In¢0
ÈxpBndliurn
aaln8 &
Los$es
ment Mov•m¢ni
funds
lund*
2023
2023
3023
1023
202J
UnrtSlrfoted8nddeslgnated funds...
Un￿StrICted Revenue Funds
222,351
1195.9251
26826
26.426
222,351
1195.925
26.426
Gains and losses are detailed in not88 0,0. O, O and D
29 Ultimate eontrolllng party
The cttority is untler Ihe Mntrol of Its kgal members.
Every member of Ihe charfty is obliged lo conlribule $u¢h amovnl as may be requI￿d not excsedlr¥J £10 lo th8
assets oflhe company in the g¥enl of its being wound up he or She a member. orwlhin on8 year after he
or she ceases to be a mernber.
26

The G*)od Llf• Orphan•g• & SBM Sch¢Jol
Deilllvd of In¢om• ind •xp•ndliW• forth• y•ar •nd•d J1 D•c•n*w2025 u r•qulred by th•
SORP 2016
30 Don•tlon¥, Gr•nl• •nd L•g•¢59•
Don•￿0￿ and frnffl Indl¥ldw
Indl¥ldu•l•
?70￿31
Totsl Oon•tlon•. Gr•nl• •nd L•g•¢l••
Al
•nd L•4•¢￿¥
222,JS1
22?.￿•
Z711.lJ1
31 EAwndl¢yr• tyi ¢h•rti•bl• •¢UvllS••. Dhci •p•ndlhg
Cumi Y•w
Gros8 waoes and
¢hariwblè 8¢1￿￿1
192.627
232374
ToiAI Ilrrti •p•ndlng
112,127
23lJ74
32 Support M•t• for ch•rft•bl• •¢Uvlll••
Cwv•nt Y•w
Prgml••• Exp•n•••
Pr•m1500 ryir•. ren•w•h
rn8inl•nanc•
Admlnl•trillv• Dv•rh•*
Slallrrnry pdnlkng
Accounlary fee8 Ot1￿ th
exarnfft•iN)n w •udM I
Legal fges
Bank ch*y
Supg•rt ¢o•t• b•lorn f•all￿tIon
Total #Up￿¢￿￿. Y•ar
JJ

The Good Llfe Orphanage & SBM School
0(*￿Iled aThaty8￿ of Incomo antl Pxpendliurv ftyr th8 ygar endfrd 31 0ocvrnboT 2023 as requlied by the
SORP 2015
Admini8tr8ts￿ overtre•d•
ThE ofalkncaboThof cJ)sts aCbwUèi1s d￿bed uThYerac¢ounting PDIi¢io¥
33 To￿1 Charltsblo expBndiivr&
Curr•ntyw CurrortyNr CurfOhlyo¥ PrknrYoÉr
Fun
Toial direci spendhg
Toi41 suppDrt C0518
82a
B2d
192.627
19W7
132,274
1,163
195,
All the eXPe￿￿U￿ln tho priDiy8Nrwa*
PrJarY•Af
PrfotY#r
prtorYDBr
T4111 Fu￿1
ior Year
Funds
2022
Tow direct speThJlThJ
Towi support C051s
232.274
1.183
23l274
1,1É3
B2d
Total charl￿￿{*01p9￿dttU
82
233.437
233 437
26

The Good Llfe Orphanage & SBM School
Actlvlty analysls of Income and expendlture for the for the year ended 31 December 2023
rhls analysis is classsified by acdvlty and not by ¢onv•ntional nominal descrlptlons.
34 Analysls of Income by actlvlty
SOFA r•f
2023
2022
Actlvlty
Summary of Total Income. Includlng the hwns aljove
Donalicrt & Legaoes
A1
222.351
270.631
Cat•gorl•8 of I￿0￿•
Inwne Ir￿ •xehary tr8fi8acti￿
222.351
270,631
36 Analysli of chJrll•ble exp•ndlture by •ctlvlty
A¢tlvlty
Summary of charflatsl• by actl
Dlrnct
costs
Support
colts
Grant
fvndlng of
acllvltl•s
2023
Tol•l
Totsl
2023
2023
2023
2022
The comparntlve figurns In thls row have not￿1 b••n corr•ety •nalys•d.'.
A1. Expendlture on charltsbl•
actlvltles dlrgctly attrlbuiable to
actlvltles
83. Prem15es Expenses
84. Admlnl¥tratlve ovèrheads
85. Professlonal Fees
86. Fln•n¢lal costs
233,437
192,627
66
1.07J
1.290
870
Total ch•rtt•bl• •xpendliuf•
196.925
233.437
The bo815 of allocauon ol C￿ts ithpen Is ¢JeBcriW ac*>￿tiTra poliaes
Th• br•8kdown ofthis expeThliture by type ol (* elassificabonl o deladed in note 33
29