Ch•rltyrfstra¢lon nwnb•r 1163952 r*lrth numb•r064461W {Eryland and Walej) FOA THE YE￿ ENDED 31 DKEMBER 2013 LEGALAND ADMINisfRATIVE IMFORMATIOM D Flsher, Chalr R Shalkh MG Shank5 S A Schutt K s￿￿khIn P l Rkhards A Eastrnan IApwk)t•d on 30 Aprll 2024) Chrtty n￿nbIr 1163952 Unlt 4, Hll Farm Klrby Bedon NoThAch NR14 7DU Ind•p•nd•nt •x•mln•r TCGrDup Holbeach s￿Id11 Unwfnshlre PE12 7LR •nkq Trlodo$ 8•nk Deanery Ro•d Brlrtol B51 S4S PROSPERO ￿￿￿LD ChJlrm•n's ststement Trustees, report St•tement of truitees, rnsponswltles Independert ex•mlMVs rep(xt statement of financlil irtM11•5 Balance sheet Notes to the finartdal sitternents 10-21 PROSPERO WORLD STRATEGIC RE14)RT Prospero World contlnued to klentlfy suftable donors and tharlt*s to support as well Js conduLt charttable research. In order to sharè the research flndlw and bert prnctlces wlth the publla "In The SpDtll8ht'. the regular newsletter, has been sent lxrt to the Incruslng nurnber of subs¢rlbets Prospero Worfd's s¢)dal medla presence expanded to 612 follawers on ￿ Llnkedln page. Prospero World regulJrly posts edurAtlonal content Indurtry news and hlehll8hts the a¢h*rnents of Its charlty partnw5 on Unkndln, Facebook •rKI In5ts8r3m, reachln8 over 3,5(Kl followers throu8h these thannel& Throu8hout the ￿•r, Prospero World cryrtlnued to b•ck hum•nltsrf•n Interverrtlons In support of vl¢Ums of the war In Ukrnlne, notsbty: • Inslde Ukr•ln• wlth our prtn•rs •t the Kiitsthko F￿ndItIon WI￿ knunched *op the Ble*￿ to prtwlde ald proleLts In schoob, and • outslde Ukr•lne In support af thase fleein8 ihe confikt Ind rnsettlln8 In Europe (pr•dornlnantly women •nd ¢hlldrnn) wlth our partn•rs •t Brftlsh Homes •nd Sthoolsfor Ukrnlnlan& In addltlon to Its work In support of Ukr4ln•, Prosp•ro Worfd cortlnued to strewhen Its Ch•rlty Adoptlon Prngrnmrne thrOugh￿rt the yèar. The prryrnmme airns to support noTh￿K reatstsred ch•rftles •nd charltable Inttlatlves ljoth In the UK and else*h•f• {*nd whkh •rn •ble to sattsfy Prospero Worlrfs due dlllgence processes), to ￿nefft from Its ch•rlt•ble stths and experttse. The wo8r•mme Is ￿MmItted to: strengthenlni the ch?rltsble Jector, sh•rfn8 best prnctkes and empmrlry ploneer5 to thimplon the thry Ibwt rno#. In 2023 Prospem World ￿ntInUed to h•ndpkk O￿All•t￿N It cansthrnd to be outstandln& to whom the Charlty bellev￿ It can add Value and whose alms are all8ned wlth the Ch•rWs own. Durln8 the ￿•r, Prospero World was d•ll8hted to welcome these slx ￿tstrndl￿ ora•nlsotknM to Its Charlty Adoptlon Prn8rnmme, brfN8ln8 our number of adopted tharl¢l¢s to l& 14MM, a UK re￿Stered C¢rnmunlty Interest Company estsbllshed to promote ojlturnl sensltlvlty Ind dfversty, uslng the Arts as a t(￿1 fof posltlve soclal chary. 14MM's flr5t project the short fllm11 Moro mie Moor} the Osur Qu•llfyln8 Reel Sbtern HIM Festfval and was In the 2024 Academy A￿rd Race. . Emerge Pnxluctlons, a London based Produ¢tlon Comp•ny founded In 2019 to •d4￿Cate, on st•8e, and on screen, the unheard vokes of noTrnatl¥e member5 of our communltle5. Greatsr Good Charftles. an Amerfcan $50Uc)131 orzanls•tlon. *rrklw ik)bally to help p•ople, pets. and the planet by moblllzln8 In response to need and Ampllfylng the 800d. . KAI, a UK not-foTrprofft (xxnpany estabnshed to support ojrrent and future Marfne Protected Are•s helplng them to •cces5 approprfate tethnologle5, 501utlon5 and partnershlps. Thls wlll alkNI them to set up and support monltorlng more qulckly •nd robustty •nd Incrwe O¢ean1Steracy. . Mulk£m Foundatlon. a UK re815tered nDt-foTrpmfft comwny th•t W0￿deS free, gold4tandard professlonal £￿I[sh lawage tralnlw to women experFendn8 dlsplacemenL d15aster, 8ender-based oppresslon and flnanclal barrlets. Th•lr efforts are curreth foojsed on Syrfa. Youn8 Fllm Acaderry, i UK not-fv-pmfft comp•ry whkh provldes fllmmakTn8 coutses. fllmmaktng programrnes for schools, communlty fllmmeklng projects, fllmm•kln8 OUtreKh events and kth fllm partles to ￿Ung people apd 5-19. Prnspero Workl specffkalty adopted them to support thelr Project Paradlso. PR05PEKI WORLD STAATEGIC REPORT Prnspero Worfd also contlnued to support: . The AZAHAR Foundatlon, whkh conlnued Its Mjrk kn postnalty In the ftlds of educatlon, SE￿ ￿￿th and faffl1￿ support serylces, and access to Inle8ratlon Interrfentlons for relu8ees N¥ln8 In the UK ¥rnl e￿¢4t0￿ In Ukralne. An addltlonal £43.Cm was restrlcted fordlstrlbutAon to 4 tharltTe5 In thefields of educatlon and SEND. PROSPERO WORLD In addFtlon to Its publlc educatlon ampj1￿, Pn>spem l%tfld In prtnershlp wlth the Trustees of the Veernl Projert, to fadlltate the fundrnlsln8 campalgn of the 50 runners wlK> partlclp•ted In the Venlce Marnthon Iokm In Ortober 2023 In akl of the Veernl Projert Pnjspero World ￿rtIdPated on • panel h) the Opal Group's European Prlvate Wealth Summlt In London In October. and annoUn￿d Its t￿rtn8 for Next Generatlon Phllanthroplsts. RIBht". Prospero World a150 contlnued Its Collat￿ratIon wrth the London Buslness School Behwlour41 Econom1￿ and Sodal Impart pwrndu•te ¢oum. ￿ recommendln8 ch•rfty partne13 as case 5tudles to the students. The collaboratlan not only enrfched the students. fearnln8 experlence try pro¥ldln8 them wlth prdctkal, Impactfvl projects but also h•1P￿ the partldpatlry th•rltles Innovate and enhance thelr strnte8les wfth fresh, sclentmcalwacknd Inslghts. Prospèft) World has b••n In c1xrtln￿I cont•ct wlth hs th•rtt•ble partnets to monltor thelr ¥•X)rk and IrKome strearns, •Mess In wh•t way Pmsp•ro World may help them, •nd uNlertakn re8ul•r re¥lews to ensure t oryant5atlonal wellbelna of Prospero World Itse￿ The Trustees con5hJer th•t Prospero Wortd rem•lns sustslnabbe and contlnu•s to operate as norrn•lly K posslble. The Trustees mettwlee by Zoom dUrI￿the ￿r •nd held re8ul•r electrnnl¢ dlsutssk>ns. R•MMI Pollry •nd Iuth M•n•ynqrt The Charfty's fln•ncl•l reseffts •t the year end were £3IXI.99712022 - £200.5121 of whlch £295,775 (2022 £139.6951 was restrkted fundln& £5,LXX) ww desWnated ty the Thistees as • contlniency fvnd and £222 {2022- £55,817) w•s unrestrtcted. The Trustees bellm th•t the posttlon of the Charlty 15 S•tlsf•ctory as they h•ve sufflclent r•s•rves to c￿rthe Charttvs mlnlmal commttments. The Trusteeg con$ld•f•d the r15k5 to whlch the Ch•rlty is •xpos•d and conslder t￿t •pproprt•te st•w h•¥e been tsken to mlnlmlsethe Charlty's rfsk PROSPERO IKIRLD TRUSTEES. REpoKf {INCWIX14G DIREcfoRs' REPORT) The trustees. who are dlrertm for the purpose5 of compony we5￿1 the annull report and flnanclal statements forthe year ended 31 December 2023. Detslls of the tn￿ who ser¥ed dur1￿ the yèar and up to the datr of *nlw the flnancl•l stltements ¥ shown on the Le8al •nd Adrnlnlstr•tl¥* Infornmtbn pw. thout Ilmltlni Its dlscretlan, the tharlty Fs c0ncentrn￿nll its don•tlons on promrtlng the efftdency ind effect￿¢The$S of ¢harftles, and ts ¢oncertrntlw Its don•tlons on Insplratlon•l ch•rft•ble projects whkh Prospero Wodd ltsell klentlfies. Th• th•rlV$ obtrnll 41m Is to enrl¢h SOC￿ through the •tts and empower p051tlve change throuih educ•tlon. coll•bor4tlon and •ctk¥n. A wesenL the dwrlty 15 not •c(*1￿￿ un$olkitsd •ppllcatlons forfundln8 frorn charltles. The trustees hwe had reprd to the Ch•fJty Commls5kn'5 publk b¢n¢fft 8uld•nce. Thè 8ov•mln8 d+xum•nt of Pmsporo World Is Its Artkles crf Assod*lon •doptsd on 27th July 2015. It Is rqlstered ch•thy Irrflrtered In October 2015). Thistees 8r• •ppolntsd •t • Gen•rnl Meetln8 of thè trusttts ty onlln•ry rnsolutlon. Trusthts must be woposed Ind r•commended by Iny current trustee. The trustoes, report w*s *ppftnnd bythÈ 8o•rd of Trustees. D Flshqr, Chilr Trustee Oated:.. PROSPERO WORLD STATEMENT OFTIIUSTEE* RESPONSIBILmE5 The trustees. who are also the dlreLtors ol Prosp•rn Wortd for the purpose of c¥)mpary hw. are responslbbè for preparfn8 the Trusiees, Report and the finand•l ststernents In accordance wtth appllc4ble law and Unlted Kln8dom Accountlry Stsndards Illnlted Klwdom Genernltypaeoed Ac¢wntlw prnc￿ce). Company Law requlres the trustees to prepare Ilnaffid￿ Stst•ffl￿ for eath finand•l year whlch th • tru• and f•lr vlew of the stste of affalrs of the ch•rlty and of the Incomlw r*sources and applk4tlon of resources, Indudln8 the Income arKI expendltur•, of the dmrltable companyforth•t ￿r. In preparlN4 these flnandal st*ternenty thetrust•es ar• r•qulred to: . select 5ultsble Kr4Junllr¥ polkles •nd then •p￿theM conslstentpr. . *Jbsebve the methods Ind prlndples In the Charfll•s SORP: . ffl•k* lud8•ments and •stlm•tu that •re re•soMble •nd pntht . rtate whether appllcable UK Actountlftg 5tsndards ha¥e been follvrt Jubjert to •ny m•torf•l d•p•rtures d15closed and eXplaIn￿ In the flnandal statements,, •nd - prepare the flnanclal statements on the 8olr¥J conwn b4$1$ unlw It Is IMpproprf•te to pr•sume th•t the chirlty wlll contlnue In operatlon. The trustees arn respmslble for keepln8 •dtyuate accountln8 records th•t dtsdose wlth reasonable accurncy al any tlme the flnandol positlon of the chartty and enable them to ensure that the flmndal statements compty wlth the Companles Act 2006. They •re •lso responslble for srfey•rdkn8 Ihe assets of the charity •nd hence for tsklni r•asonabl• stsps forihe prthwrtlon and det•ctlon of hud and other Irrewl•rlile& PROSPERO WORLD INDEPENDErif EXAMINER'S REPORT TO THE TRiISTEES OF PROSPEIIO ￿)RLD I report to the trurtets on rny examlnation of the flmndal statements of Prospero World (the charltyl forthe year ended 31 December 2023. R•sponthllhl• wxl b•Jls ol rnport As the trustees of t￿ thartty land also its dlrectors for the purposes of cornpary lawl •re responslble for the preparatlon d the fln•ndal 51*ernents In acconljnce wlth thè wulr•m•nts of the Companles Art 21K16 {Ih• 2LX)6Actl. Hivln8 5•t15ll￿ nr#S•lf thlt th• flmnthl st•t•m•nts ofth• Lthlrlty •r• not requlred to be wdlted under 16 of th• 2CI)6 Act and •re ell8lble for Independent ex•mkwtlon. l rnport In respoct of rry wmlnatlon of the ch•rtVs flnanclal statements carrled out under sertlon 145 of the Chirhles Act 2011 (the 2011 Act). In carrylnq out my examlnatlon I followed au the applkable DIMctlon5 8l¥en by the Chirlty Commlmlon under s•ctlon 145151{b) of th• 2011 ACL Ind•p•nd•nt •x•mln*i slat•m•nt Slnce the charws iross Income exceeded £250.IXLI your emmlner must be • member oe • bo* Ilsted In sectlon 145 of the 2011 Act. I confim) that l am qualffied to undertak* the eMmlnatlDn beou$e l am member of ICAEW, whlch Is one of the Ilsted bodles. I h•¥e eompleted rny e￿mInItIon. I conArni that no m•tter4 ha￿ come to nry •ttentlon In connectlon wlth the examlnatlon glvlng rne cause to beNeve th•t In mthrfal respe¢t: •c£ountlni r•conts wern not k•pt In reswi of the thlrlty as requlrnd tysectkn 386 ofthe 2CK16A¢' or the flnanclal ststements do not accord wfth those record5; or the flnanclal staternents do not compty wth the •ccountlnB requlremerrts of sectlon 396 ofthe 2(Th Art other than ary requlrement that the accounts a true Ind hlr ¥bew whlth ts not • matt•r con51der•d 15 Plrt of •n Independent ex•mln•tSon: or Ihe fln•n¢ial ststements have not been wepared In accordance wlth the methods Jnd prlnclples of th• Stthrne￿ of Recommended Prncilce fty a(tsuntln8 and reportln8 trrf tharltles appllcoble to charltles preparlni thelr •ccounts In •coxdance wtth the FIMnd•l Reportlng Stsndanl appllcable In the UK and Rewblk of Irelond IFAS 1021. I have no concerns ind h•¥• come •uoM no other mattern In C￿nICE10N wlth th• •xamlnatlon to whlch errtlon should be drnwn In thb report In 0￿er to enable a woper urKlerst•ndlry of the flnandil Chrlstopher McKenn• ACA TC Graup 33 Boston Road Holbeach Spaldln8 Uncolnshlre PE12 7LR Dated.. 919124 STATEMENT OF FINANCIALAcfMTIES INCWDING INCOME AND EXPENDrruRE ACCO nds nth nth Donatlons and hpd•s Inbystments 253,075 137 263,1(Kl L639 516,175 L776 297A69 51 696.377 312 993.846 363 253212 264,739 517,951 297,520 696,689 994,209 Exp•noltur• +Xr. Charltsble admtles 150.275 267, 417AGS 99,771 5,927 1,(KJ5,698 Tot•1 •xp•ndltur• 150,275 267,1 417A65 99.771 5.927 LIX15,698 Net 8alns/llossesl on Investments {1) N•t Incom￿l•￿Pthd{lur•j 101936 11451) 1(KIA85 197,749 (209,238) IIL489) nsfen between funds (158,531) 31 1169,052) 169,052 Net mov•mwrt In fvndj 155,595) 156,080 l(X7,485 28,697 (40,186} IIL489) R•￿ncIlIatIon olfiThl¥: Fund b¥l•nce5 * l January 2023 60,817 139,695 32,120 179,881 212,(M)I Fund b•hnfw •t 31 DewTrb•r 2023 5.222 295.TIS a￿,997 60.817 139.695 2￿,511 The ststement of flnandal actfvttles Indudes au oakns and Irsses reco8nlsed In the ￿ar. Income ar pendlture derlve frum corrtlnulng actl¥ttle5. PROSPEIIO I￿AL0 In¥e5trnents 655 316.651 28,492 is3,￿1 Cash rt b•nk and In hand 317A07 21L683 Cr•dltorn: •mNrts f•llk¥ du• wlthln one (16310> (IL172) N•t currnnt 3(K>,997 Totsl •#•ts l•M curnfit lknblltl 31x1,997 2(Kl.512 Nat •xdudlry p•n*n Il•bMIty 3IXI,997 2(Xl,512 Th• fvndi ofth• C￿lIty Restrlcted Incomefunds Unrestrlrted fvnds 195,775 5,222 139,695 60,817 3C#),997 2LKI,512 Th• company ts entmed to the exernptbn from the •udlt requlrement conlalned In sectlon 4T1 of the Companles Act 2LKJ6 for the yeir ended 31 December 2023. The dlrectors icknowledp thetr respon51bUlt*s tr comptyh¥ wlth the requtrements of the Companles Act 2ts)6 wlth respect to iccountlni records ind the preparatk¥n of flnaTrclal stalements. The member5 have not requlred the company to ottsln an audlt of its fin•nd•l Stalen￿nts forthe year In questlon In accordance wlth sertlon 476. These financial st•tements have been prepared In accordance wlth the pr(Ntsk>ns appkable to companles sublecl to the srnall cornpanles re8lme. PROSPERO WORLD BAIANCE SHEEf (CONTINUEDI The finandal statemerts were apprtyyd tythelrwlees on..- D Flsher, Ch•lr Compjry re8l5trntlc￿ number 06446Q39 (Eryknd and Wales} PROSPERO IIYJRLD NOTESTO ThE FINANaAL sfATEMEPIWS ￿Nd•S Prospero World Is a prlvate thmp•ry Ilmli•d ￿ guarantee Inr*JrpoAted In E￿nd and Wale5. The r•815tered offlce Is Unlt 4, HMI Farm, Klrty Roa¢L W Bedon, F4orwlth, Nft14 7DU. 1.1 Accountln8 CarnnThtlan The flnandal statements have been prepared In accordance wlth the chartty's 8mmln8 doGvmenL the Companles Act 2CK16 Ind 'Accountknq and Reportlrvl ￿ Charltbes: Statsmert of Recommended Prnrtke appllobl• to ch¥rttles preprlng thelr accounts In Ictordance wlth tho Flmnclal Reportlng Stsndard appllcable In the UK and RepubN¢ of Ireland (FRS 102) {effecth* I hnuiry 20191" The dwFIty Is a Publk Btnefft Ertlty as defined FBS IOZ The ¢harlty has t•ken •d4vnt¥e of the prtytslons In the SORP for th•rftles •pplyln8 FRS 102 Update Bulleun I not to prep•r* • Stltsmert of C•th Fkr*s The flnanclal stat•m•nts arn pr•parnd In st•rlln& whlch Is th• fiincllon•l curreKy of the chartty. Monetsry amounts In theje fln•rKl•l sl•tsmerts are Tr￿nded tothe nearnst L The fln•nd•l statements been prepared under the hlstorkal cost COn￿rtIOn. [modffied to Include the revaluatlon of freehold pmpertFes and to Include 1rNeSt￿nI pmpertles and certaln flnanclil Instruments JI Ir ￿lue1. Th• prln*al •c¢i￿ntIfi6 polldes •doOed •rn set out b•k At th• tlm• af ippn>vln8 th• flnandal sl•t•rnrt th• tn￿ haby a re•son•ble ￿on that the ¢h•dty has adequ•te resources to ¢ontlnue In operntlonal exlrtence for Ihe ft)reseeable fvture. Thus the trustee5 contlnue to adopt the concern bu15 of KcoUntI￿ In preparfn8 the flnan¢l•l strtements. 1.3 Charlt•tsl• fvndl Unrestrlcted funds arn avallable for use at the dlscrntkn of the trustees In furthernnce of thelr c￿rI￿ble object￿ts. Restrfrted funds are sublect to spedflc condlilorts ty donots or grantors as to I￿￿ they may be used. The wrposes and uses ofthe restrlcted funth are sel out In the notes tothe fln•n¢lal statements. EndI￿rnent fiinds are sublecl to spedftc condttk•rs ￿ donors that the upitsl must be malntslned by ihe ¢harlty. L4 Income Income ￿ recrynlsed when Char￿ ertltled to tt Jfter Jry perform•nce condltknns hwe been meL the amounts can be measured rellabty. and It Is probable that Income wlll be recefved. Cash donatlons are reco8nlsed on recelpt Other don•tkn5 are recogn15ed once the charlty has been notffied of the donatlon. unless performance condltk>ns requlre defe￿￿1 of ihe amount. Income tax recoverable In relltkni to donatlons recel¥ed under Gfft Ajd or deeds of co¥*nant ts recognlsed at the tlme of the (kn*lon. 10- NOTESTOThE FINANCIALsfATEMEiif5 {c(NYnNUED) A(c4¥Urth¥ pold Iconilnued) Leaacles are recqnlsed on rece￿ or otherwtse Ifthe th•rtty has been notlfled of an Impendln8 dtstrfbutlon, the arnount Is knvwn, and recelo Is ￿perted. If the •mount Is not kn(r#n, the legacy Is treated •s ontlngent asset. L5 Exp•ndlturn All expendItU￿ Is reco8nlsed once the￿ ts a legal or constructlb* obll8atlon to that expendStuYe, ft Is prob•ble sett￿Mert Is requlred and the •mount c•n be measured rellably, All costs are allocated to th• •pplluble expendlture headlng that qgreqate slmllar costs to that catwry. Where costs unnot be dlrect attrlbuted to partI0J￿r headln8s thry havè been allocated on • bo$b conslstent wlth the use of resources, with central st¥ff costs •llo¢¥ted on the ￿$1$ of tlme 5Wrt and depre¢l•tlon ch•ryes •llocated on the portlon ofthe asset's use. Other support LV5ts are •llocJted b•sed on the spre•d of stsff costs. L6 Flx•d •ss•t In%•rtm•nts Flxed asset Investments av¢ Inltlalty measured rt tr•ns•rtlon wke exc￿dIng ￿n￿¢tIon costs, and arn iubsequentty M￿s￿red •t f•lr v•lue rt ••th report￿ dat& C￿n￿e5 In f•lr •r• re¢o8nlsed Sn net Incon￿1*¥pend￿urQj forthe ￿r. Tr•nMcilon costs ire expensed is Inturred. 1.7 C•th •nd •qul4•hnts Cash and ush equfvahnts Indude ush In h•n4 depwtts held •1 c•ll wlth b•nks, *xher short4•rm l*uld InTAStm•nts wtth orl8lnal rn•turit1•5 of thm months or Iw •nd b•nk (werdrnh 8•nk ¢Y4•￿￿lts •rn $htywn wfthln borrowln85 In ojrrent Il•bllltl•& L• HMnd•l Inrtrthn•n The charlty has elected to apply the p￿ls1on$ ef Sectlon 11 *aslc FIn￿tIll Instrum•nt< •nd 5e¢tlon 12 'Other Fln•nchl InstrurnentsI55￿ of FAS 102 to •ll of Its tIMnd•l InsiNrnents. Flnanclal Instruments are recc8nlsed In the tharfvs h￿nce sheet when the th•rlty becomes poty to the cartrnctual wovlslons of th• InstNmenL Flnincl•l •ssets and Ilabllltles •re off5rt wlth the net •mourrts prnsented In the flmnthl statements, when Ihere Ts a le8ally enforceable dght to set off the recwised amounts and there Is an Intentlon to settle on net basls or to reallse the asset and settle the Ilablllty slmuttaneousty. Baslc flnanclal assets. whlch Include debtor5 and cash and bank balances. are In￿1411¥ measured at transactlon prlce Includln8 trnnsactlon costs and are subsequendy urrled 4t amortlsed cost usln8 the effectlve Interest method unless the arrdn8ement constltutes a financh8 transattlon, whèrn the trnnsactlon 15 measured at the present value of the firture recelpts dtscounted •t • m•rket r•te of Internst. Flnanclal assets ¢kssffied as recefvable wtthln fft year not arnort 11 PROSPERO IW)RLD NOTES TO ThE FIIIANaAL sfA7EMEpirs IcopmNUED) Atc¢wntlry polld ICanilnu•d} B•slc flnandal Il•btlltles. Indudln8 credltors and bank loans are Inltlalty rec¢8nlsed at trnnsactlon prfce unless the j￿ngement mnsthutes a flnandn8 transactlon, Whe￿ the debt InstNment 1$ measured at the present Vdlue of the future p7fflients discwrted •t • rnartrth rnte of Interest. FIMnclal Ilabllttles dassffied •5 payab wtthln on• ye•r Ire not •morttsed. Debt Instrufflerrts are sutsequentty urrled at •mortlsed crt usk¥the effe¢the Irte￿$t r•te method. Trade cr•dftors are obllgatlons to p3yfor8oods orseNlw thtt been acqulred In the ordlnary course of op•rotlon5 from 5upplIe￿, Amounts payable are d•ssffted as uJrYent1Sabllltles If payrnent 15 due w￿h]n one vear or less. If noL they •re presented as non%urrert Ilabllltle& Tr•de credltors •re re¢o8ntsed Inltlally •t t￿n￿c￿On prke and suts4uentrrf rne•sur￿ at *mOrt￿ c¢>rt uslfy8 thé éff*cthth Int•rnst rfiethod. Flnandal Ilablllths •r• d•rnCo8n1s￿ when Ihe th•rWs contr￿1 obllpuons ey•lre or •rn dlgch•ryed or cAnc•lled. 1.9 Emplo￿• I￿l•fi￿ The cort of any unuied holld•y errtiilem•rf b r•co8nls•d In the period In whl¢h the employerfs s•Thlc•s •r• recelved, Termlnatlon beneftts ar¢ rIc￿nts¢d Immedlrtety •% •Tr ewnse when the ch•rlty ts demonjtrnb cammltled to t•rrnlnrt• th• •mployrn•nt al •n •mploye• or to temiln•tlon ben•ffts. In the applk*lon af the th•rtrfs accoun￿￿ polkles. the tfustees are requlred to m•ke Jud8ements, estlmates and assumptlons about the Car￿n8 *mount of ￿S￿ts and Ilibllltles that not mdSly apparent from other S(￿rceS. The estlmates and assoclated a55umptlon5 are based on h15torfcJl experfence •nd other f•¢ttXS th•t are eonsldered to be relebqnL Artuil rnsults m•y dlfferfrom these estlm•tes, The e5tlmate5 and underlytrq •ssumrtkns •re r￿1th￿*d on an owln8 b•sl& RevisIt￿$ to lccountln estlmates are recosnlsed In the perlod In whlch the esUm•te ts revlseil where the mtslon thcts onty th•t perlod, or In the perknd of the revtslon •rnJ future peflods whern the revlslon •ffects both currert and I￿￿re perlod& 12- PROSPERO WORLD NOTES TO THE FINANCIAL sfATEM&¥rs (corfflNUED) Don•t10￿ •nd Totsl fvnds fvnd5 2022 2022 2022 Don*lons and affts 253,075 263,IlXI 516,175 297A69 696,377 993,846 DonAtloM •nd Donatlons and le8ae Gfft ald rnd•lmed 161960 263,IQ) 426,¢160 yx),i ,1 147.519 149,950 696.377 843,896 149,950 253,075 263,la> 516,175 297A69 696,377 993,846 fun 2023 2022 Interest recefvable 137 1.639 L776 51 312 363 13- PROSPERO V•ThLD NOTES TOThE FIIIANCIAL STATEMEflfS (CONniiuED) ExwdlEw• on dwrt14ble •cll th•rtt4ble tharltsbl• Exwdltwe Wlturn 2013 Computsr consuftancy and rnaknlenan¢e Sundry expenses Promotlonal expenses A¢¢ount•ncy lee5 Indep•nd•nt mmlneei lee Consultsncyfees 8ankth4ryes TrMllln8 Intercompany loan b•l•nce wrliten off 1,826 13,267 3.578 1.291 11754 4,725 1250 n,149 565 92.264 143,783 99,655 Grnnt fundlnl of attlvltles (sa• not• 61 273,682 16,043 417,465 L(K15,698 tyfimd Unrestrlcted funds Restrlcted funds 150,275 267, 99.771 905,927 417.465 Im5,698 Grnnts pvobl• (Ibwlt•ble Charftable Exp•nthurn Expendlture 2022 Restrclted Unrestrlcted 267,042 J5.618 425 273,682 906,043 14- PROSPERO 14Y>RLD NufE5 TO THE FINANc￿sTATEmE11Ws IcoimNUED) None of the trustees (or any persons connecled th•rn) r•c•l4•d ary r•mun•rntlon or benefjrs from th• chaFIty durln8 the ￿r. The monthty number ofemplws dur￿ y4•rw•s: 2022 Numbor Number Totsl There were no •mplwes whose •nnu•l remunerntknn more th•n £60,CIXI. G•lns and on In4wrtn Unr•rtd¢t•d Unr•rtfl¢t•d fundi fundi GaSns/llosses) arfslnl on: Sale of Invertmnts (i) The thorlty ts exemptfrom tax*lon on Its Ktfvldes because •ll Its Income 1$ applled for ch•rlt•ble purpose& byldknry •rt•klnas cl￿ or wlurtlon At lJ4nuary2023 Dlsposals At 31 December 2023 c1rry1￿ •m¢x At 31 December 2023 At31 De¢embef 2021 15- NOTES TO THE RNANCIAL STATEMEIITS (CONTIWED) D•bta 2023 AmO￿ts hlllrydue vAthkn p•r. Other debtor5 Prepayments and •med Income 27.872 620 655 655 18.492 2023 2022 Trnde ￿dI10 Accruals •nd d•fefr•d Income 1,830 9,342 9,076 14310 ii,In 16- NOTES TO THE FINM4CIALsfATEMEpifs IC011Th4UED) Ra#rktad fund• IJMu￿ IKomk¥ Ra￿urro Tr•nsf•r4 At31 Az•h•r Found•tlon Klltxhko Foundatlon Ph•re Ponleu S¢lp•k Omprnkash EkTarn Trojan Wom Verml Mahra Youth Unlty Assoclatton Ukr•lne FurKI BHSU li 15L8621 48,612 558 252 872 2282 4.164 20.621 {105) 9.330 106 538 tso 6.638 (L242) L109 766 (4,918) 1035 22,654 14,389 I￿73 14A16 573 (8,438) 938 Emerye Untold Gre￿ Zebrn Thlst YFA Ukrnlne Hurninlt•￿n FurKI Phoenlx Rellèf IUkrnlMI DonorA(Ivtsed Fund (LI￿) (¥125) (xo) 1748 623 1,220 75,057 io,tso 3,301 149,206 75,049 9333 7,2 88,978 15,680) 119L1211 1778 25L437 139,695 264,739 1267,190) ,531 295,775 17- PROSPERO WORLD NOTES TO THE FINANaALSTATEMEKfs (COPITINUED) At31 D•c•mb•r 202Z {1) (9,8871 260,ns {340,3411 fv79 {750)} llI142 {127.1431 Trcjan Wom•n Donor PAvlsed Fund Mahrn Youth Unlty Assoclatlon Aahar Founditlon 8ookBunk Grery Zebra Trust Phoenlx Spac• Untold KlltschkD Foundltlon Phar• Ponleu Selpak EkTrra Golrqto 5thool Indla Youth Fund Veernl Proje 478 168,620 394 281 169 274 125) 6.043 27.289 11691 {2701 (7211 926 loo 194 1,976 I￿3> 120 46,568 1132} 8,330 765 88,979 14A16 12,569 L220 (4,8271 (3A461 2￿19 106 286 3,248 3.645 976 133 L360 (35531 IL480) 156,7191 9,ni 132 Ukralm Humlnltarfan Fund Pho•nlx R•llrf IUkraln•l Ukraln• Fund Ind14n Streetchlld Fund 9,333 7,200 1,573 271791 Lcni I33L5￿} Ill9341 16 5051 I3￿06 1723) 179A81 I￿15,927) 169.052 139.695 IS Unr•wlct•d The unrestdcted funds ofthe charlty comprfs•the unexpendèd ￿lan￿ of don•tlons and Brnnts whlch are not subject to speclnc fA)ndltlons ty donors and 8rnntorn as to they may be used. These I￿lUde desl8n4ted funits whkh have been set •slde ¢)ut of unrestrlrted funds bythe trustees for speclfic purposes. At l January Galns and At31 2023 General funds fil.817 253,212 (1502751 1158,531) li} 5,222 -18- NOTES TO THE FINANCIAL STATEMEpirs (c(xinNUED) unr•rtIkt￿ lundj (Contlnu•dJ Pr•%lous )w. * l J•nwry Incomknl At31 lo1v•s (IK•mb•r G•n•rnl funds 31120 297.520 199,ni> 1169,052) 60,817 19- PROSPERO WORLD P40TESTO ThE FINANflALsfATEMEiifs ICOPITWUEDI Thern w•rn no dlsclos•ble related partythrtsactth the￿ar {2022. none). -21-