REGISTERED COMPANY NUMBER: 09543610 (England and Wales)
REGISTERED CHARITY NUMBER: 1164364
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2025
FOR
GOOD SHEPHERD FOUNDATION UK
Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN
GOOD SHEPHERD FOUNDATION UK
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2025
|
Page |
Page |
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Report of the Trustees |
1 |
to |
4 |
Independent Examiner's Report |
|
5 |
|
Statement of Financial Activities |
|
6 |
|
Balance Sheet |
|
7 |
|
Cash Flow Statement |
|
8 |
|
Notes to the Cash Flow Statement |
|
9 |
|
Notes to the Financial Statements |
10 |
to |
15 |
Detailed Statement of Financial Activities |
|
16 |
|
GOOD SHEPHERD FOUNDATION UK
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH APRIL 2025
Thetrustees,whoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct,submit their
annualreportandthefinancialstatementsfortheperiodended30April2025.Thetrusteeshave adopted
theprovisionsoftheStatementofRecommendedPractice(SORP)"AccountingandReporting by
Charities" issued in 2015 in preparing the annual report and financial statements of the charity.
Thecharityisacharitablecompanylimitedbyguaranteeandwasincorporatedon15April2015.It is
governed by a memorandum and articles of association.
OBJECTIVES AND ACTIVITIES
Objectives and aims
TheobjectivesoftheCharityaretoadvanceeducationinIndiaandothercountriesinSouthAsia, and
promotionofhealthcare,relief,advocacyandadvancementoftheChristianfaithinthesecountriesby all
charitable means as may seem appropriate by the Charity.
TheCharityisworkingintheshorttermtosupporttheworkofpartnersinIndiarunningschools, primary
healthandrelatedprojects.Criticalprojectssuchasfooddistribution,virtualandregularhealth centres
orclinicsandschoolshavebeensupportedbytheCharityduringtheyear.Thecharitysawa marked
growthinfundingtowardsstrategicmulti-yearprojectsineducation,communityhealthandwomen and
child-centric relief and development activities.
SupportoftheexistingprimaryandhighschoolprogramsrunbypartnersinIndiaarea long-term
priorityforthecharityasseveralprojectsoperateholistically,combiningeducation,healthand economic
development initiatives.
Public benefit
TheTrusteeshavereferredtotheguidancecontainedintheCharityCommission'sgeneralguidance on
public benefit when reviewing the Charity's aims and objectives and in planning future activities.
Fundraising and Grants
TheTrusteesareresponsibleforfundraisingandincomegenerationforprojects.Thecharitydoes not
consider it necessary to hire full time fundraising staff.
Grantscontinuetobemadebykeypartnerswhoarefullyengagedinprojectsthatalignbothinterms of
short term and long-term objects of the charity.
Page 1
GOOD SHEPHERD FOUNDATION UK
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH APRIL 2025
STRATEGIC REPORT
Achievements and performance
Charitable activities
Duringthereportingperiod,partner-designatedgiftsweredeployedtothreecoordinated interventions:
(1)Scriptureprovisionforapersecutedchurchnetwork,(2)primaryhealthcareandsurvivorsupport for
vulnerablegirlsandvictimsofritualprostitutionandhumantrafficking,and(3)primary-education entry
supportsforchildrenattendingschoolforthefirsttime.Theseactivitieswereimplemented through
vettedlocalpartnersandcommunityleaderstoensuresafety,culturalappropriatenessand sustainable
impact.
Key Activities
Bibles & pastoral support
Workingwithtrustedlocalleaders,weproducedanddiscreetlydistributedScriptureinrelevant local
languagesandformatsforsafecirculation.Adjunctpastoraltrainingandsmall-groupguides were
provided so recipients could form study groups and receive basic discipleship support.
Primary health care & survivor services
Weprovidedprimaryhealthcarethroughsmallruralclinicsandregularmobileclinicsand established
confidentialreferralpathwaysandsafe-housepartnerships.Servicesincludedemergency gynaecological
care,HIV/STIscreeningandtreatment,woundcare,nutritionalassessments, trauma-informed
counselling,andcasemanagement.Communityhealthworkersandfemaleoutreachstaffwere trained
andsupportedtodeliverhomevisits,healtheducation,survivorfollow-upandaccessto vocational
training.
Primary education for first-time entrants
Aschool-entrypackage(uniforms,shoes,backpacks,exercisebooksandbasiclearningmaterials) was
providedalongwithshortbridgingclassesandremedialliteracy/numeracysupport.Teachertraining on
child-centredpedagogyandcommunitymobilizationencouragedparentalsupportandimproved early
retention.
Impact highlights
Scriptureaccessstrengthenedhouseholdworshipandsmall-groupBiblestudy,empoweringlocal leaders
and increasing spiritual support for isolated believers.
Health&protectioninterventionsreducedbarrierstotimelymedicalandpsychosocialcarefor survivors,
improvedclinicalfollow-up,andbuiltcommunitytrustinhealthserviceswhichisimportantto preventing
re-victimisation.
Educationoutcomesshowedbetterenrolment,punctualityandengagementamongfirst-time students;
uniforms and starter kits significantly increased families' willingness to send children to school.
Cross-sectorbenefitswereevident:healthierchildrenhadhigherschoolattendanceand resilient
communities were better able to identify and protect vulnerable girls.
Financial review
Principal funding sources
TheGoodShepherdFoundationUKreceivednewsupportduringthefinancialyearandincome grew
substantially from 2024. This enabled a commensurate increase in support to the projects
Thefinancialresultsfortheyeararesetoutintheattachedaccounts.Totalincomeraisedforthe year
ended30April2025was£971,438(2024:£350,924).Therewasasurplusof£25,005(2024:deficit of
£72,454)fortheyear.Thetotalreservesat30April2025were£537,958(2024:£512,953). Total
expenditure during the year was £946,433 (2024: £423,378).
Investment policy and objectives
The Charity maintains its surplus cash in a deposit account with the Charity's bankers.
Page 2
GOOD SHEPHERD FOUNDATION UK
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH APRIL 2025
STRATEGIC REPORT
Financial review
Reserves policy
Thecharityreviewsitsreservesonanongoingbasisandconsiderstheyearendreserveswhich in
majorityrepresentunrestrictedfundstobeadequatetomeetitsfuturecommitmentsand obligations
relating to funding for projects and aid requirements.
Potentialriskshavebeenconsideredbythetrustees,anditsstructureallowsflexibilityinorder to
manage any subsequent adverse financial impact that may arise.
Future plans
TheCharitywillcontinuetoadvancethedevelopmentofeducation,healthcare,providerelief from
povertyandnaturalandotherdisastersaswellascontinuetoadvancetheChristianfaiththrough legally
permitted opportunities in countries that are sensitive to promotion of faith-based activities.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
TheCharityisacompanylimitedbyguarantee,asdefinedbytheCompaniesAct2006.Itisgoverned by
its Memorandum and Articles of Association since its incorporation on 15 April 2015.
Recruitment and appointment of new trustees
RecommendationsfornewTrusteescanbereceivedfromanyexistingTrusteeandwillonlyberatified by
unanimousagreement.Trusteesmeetingsareheldonceortwiceayeartomakedecisionsregarding the
operationoftheCharity,whereTrusteesdiscussandvoteonthesematters,especiallyinrelationto the
donations to be made.
Related parties
Oneofthetrusteesalsoservesasdirectorontwoorganizationssupportedbythecharity. Both
organizationshaveindependentboards,andnoremunerationorbenefitsarepaidtothetrusteefor his
role.Theremainingtrusteesensurethatexpenditureisincurredsolelyoncharitableworkand no
inadvertent conflicts of interest arise.
Risk management
TheTrusteesregularlyreviewthemajorriskstowhichtheCharitymaybeexposed,andputin place
systemstomitigatethoseriskswhereverpossible.Theserisksandsystemswillbemonitoredon an
ongoingbasis,andisconductedaspartoftheannualplanningprocess.Thetrusteeshavereviewed the
risksfacingthecharityandthesearesimilartomanyothercharitiesinasmuchasthecharityis entirely
dependent on funds provided by members of the public and other interested charitable bodies.
TheTrusteesmitigatethisriskbyensuringthattheydonotundertakeprojectswhichtheydonot have
thefundsinplacetocarryout.Therearealsoreputationalriskswhicharemitigatedthrough ensuring
thatthecharitycompliesinsofarastheTrusteesareablewithallstatutesandlaws,Itis accepted,
howeverthatduetothenatureoftheworkbeingundertakenthereisalwaystheriskofadverse publicity
should people feel challenged by the work the charity does to represent the needs of the vulnerable.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
09543610 (England and Wales)
Registered Charity number
1164364
Registered office
325 Front Lane
Cranham
Essex
RM14 1LH
Trustees
R D Cook
J G D'Souza
A H Malcolm
Page 3
GOOD SHEPHERD FOUNDATION UK
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH APRIL 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Lee Blunden FCCA CTA
Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN
Solicitors
Wrigleys Solicitors LLP
19 Cookridge Street
Leeds
LS2 3AG
Bankers
National Westminster Bank Plc
18 Station Road
Upminster
Essex
RM14 2UD
Reportofthetrustees,incorporatingastrategicreport,approvedbyorderoftheboardoftrustees, as
the company directors, on ............................................. and signed on the board's behalf by:
.......................................................
A H Malcolm - Trustee
Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
GOOD SHEPHERD FOUNDATION UK
Independentexaminer'sreporttothetrusteesofGoodShepherdFoundationUK ('the
Company')
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
30th April 2025.
Responsibilities and basis of report
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are
responsibleforthepreparationoftheaccountsinaccordancewiththerequirementsoftheCompanies Act
2006 ('the 2006 Act').
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16 of
the2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationof your
charity'saccountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act').In carrying
outmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommissionunder Section
145(5) (b) of the 2011 Act.
Independent examiner's statement
Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofalisted body.
IcanconfirmthatIamqualifiedtoundertaketheexaminationbecauseIamamemberofthe Association
of Chartered Certified Accountants, which is one of the listed bodies.
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentionin connection
with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
Lee Blunden FCCA CTA
Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN
Date: .............................................
Page 5
GOOD SHEPHERD FOUNDATION UK
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH APRIL 2025
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
971,438
EXPENDITURE ON
Raising funds
3
-
Charitable activities
4
Core activities
946,433
Total
946,433
NET INCOME/(EXPENDITURE)
25,005
RECONCILIATION OF FUNDS
Total funds brought forward
512,953
TOTAL FUNDS CARRIED FORWARD
537,958 |
Restricted
fund
£
-
-
-
-
-
-
- |
2025
Total
funds
£
971,438
-
946,433
946,433
25,005
512,953
537,958 |
2024
Total
funds
£
350,924
8,333
415,045
423,378
(72,454)
585,407
512,953 |
|
|
|
|
The notes form part of these financial statements
Page 6
GOOD SHEPHERD FOUNDATION UK (REGISTERED NUMBER: 09543610)
BALANCE SHEET 30TH APRIL 2025
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
11
406,316
CURRENT ASSETS
Debtors
12
1,184
Cash at bank
135,878
137,062
CREDITORS
Amounts falling due within one year
13
(5,420)
NET CURRENT ASSETS
131,642
TOTAL ASSETS LESS CURRENT
LIABILITIES
537,958
NET ASSETS
537,958
FUNDS
14
Unrestricted funds
TOTAL FUNDS |
Restricted
fund
£
-
-
-
-
-
-
-
- |
2025
Total
funds
£
406,316
1,184
135,878
137,062
(5,420)
131,642
537,958
537,958
537,958
537,958 |
2024
Total
funds
£
414,326
1,774
99,347
101,121
(2,494)
98,627
512,953
512,953
512,953
512,953 |
|
|
|
|
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006
for the year ended 30th April 2025.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year
ended 30th April 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:
.............................................
A H Malcolm - Trustee
The notes form part of these financial statements
Page 7
GOOD SHEPHERD FOUNDATION UK
CASH FLOW STATEMENT FOR THE YEAR ENDED 30TH APRIL 2025
Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by/(used in) operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash (used in)/provided by investing activities
Change in cash and cash
equivalents in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the
end of the reporting period |
2025
£
38,647
38,647
(2,116)
(2,116)
36,531
99,347
135,878 |
2024
£
(63,141)
(63,141)
-
-
(63,141)
162,488
99,347 |
|
|
|
The notes form part of these financial statements
Page 8
GOOD SHEPHERD FOUNDATION UK
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30TH APRIL 2025
1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES
Net income/(expenditure) for the reporting period (as per
the Statement of Financial Activities)
Adjustments for:
Depreciation charges
Decrease/(increase) in debtors
Increase in creditors
Net cash provided by/(used in) operations |
2025
£
25,005
10,126
590
2,926
38,647 |
2024
£
(72,454)
10,096
(804)
21
(63,141) |
|
|
|
2. ANALYSIS OF CHANGES IN NET FUNDS
Net cash
Cash at bank
Total |
At 1.5.24
£
99,347
99,347
99,347 |
Cash flow
At 30.4.25
£
£
36,531
135,878
36,531
135,878
36,531
135,878 |
|
|
|
The notes form part of these financial statements
Page 9
GOOD SHEPHERD FOUNDATION UK
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'Accountingand Reporting
byCharities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheir accounts
inaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicof Ireland
(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancial Reporting
StandardapplicableintheUKandRepublicofIreland'andtheCompaniesAct2006.The financial
statements have been prepared under the historical cost convention.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
Forlegacies,entitlementistakenastheearlierofthedateonwhicheither:thecompanyis aware
thatprobablehasbeengranted,theestatehasbeenfinalisedandnotificationhasbeenmade by
theexecutor(s)totheTrustthatadistributionwillbemade,orwhenadistributionis received
fromanestate.Receiptofalegacy,inwholeorinpart,isonlyconsideredprobablewhen the
amountcanbemeasuredreliablyandtheCompanyhasbeennotifiedoftheexecutor'sintention to
makeadistribution.WherelegacieshavebeennotifiedtotheCompany,ortheCompanyis aware
ofthegrantingofprobate,andthecriteriaforincomerecognitionhavenotbeenmet,then the
legacy is treated as a contingent asset and disclosed if material.
GrantsreceivablearecreditedtotheStatementofFinancialActivities(SoFA)intheyearin which
theyarereceivable.IncomeisdeferredonlywhentheCharityhastofulfilconditionsto become
entitled to it or where the donor has specified that the income is to be expended in a future period.
Donatedservicesorfacilitiesarerecognisedwhenthecompanyhascontrolovertheitem, any
conditionsassociatedwiththedonateditemhavebeenmet,thereceiptofeconomicbenefit from
theuseofthecompanyoftheitemisprobableandthateconomicbenefitcanbe measured
reliably.InaccordancewiththeCharitiesSORP(FRS102),thegeneralvolunteertimeof the
FriendsisnotrecognisedandrefertotheTrustees'reportformoreinformationabout their
contribution.
Onreceipt,donatedprofessionalservicesanddonatedfacilitiesarerecognisedonthebasisof the
valueofthegifttotheCompanywhichistheamounttheCompanywouldhavebeenwillingto pay
toobtainservicesorfacilitiesofequivalenteconomicbenefitontheopenmarket;a corresponding
amount is then recognised in expenditure in the period of receipt.
IncometaxrecoverableinrelationtodonationsreceivedunderGiftAidordeedsofcovenant is
recognised at the time of the donation.
Incometaxrecoverableinrelationtoinvestmentincomeisrecognisedatthetimethe investment
income is receivable.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all
costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they
have been allocated to activities on a basis consistent with the use of resources.
Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedas a
commitment but not accrued as expenditure.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
Freehold property- 2% on cost
continued...
Page 10
GOOD SHEPHERD FOUNDATION UK
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2025
1. ACCOUNTING POLICIES - continued
Tangible fixed assets
Improvements to property- 10% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
2. DONATIONS AND LEGACIES
Donations
3.
RAISING FUNDS
Raising donations and legacies
Consultancy
4.
CHARITABLE ACTIVITIES COSTS
Core activities
5.
GRANTS PAYABLE
Core activities |
Grant
funding of
activities
(see note
5)
£
783,198 |
2025
£
971,438
2025
£
-
Support
costs (see
note 6)
£
163,235
2025
£
783,198 |
|
2024
£
350,924 |
2024
£
350,924 |
|
|
|
|
2024
£
8,333
Totals
£
946,433 |
2024
£
8,333 |
|
|
|
|
2024
£
320,344 |
|
continued...
Page 11
GOOD SHEPHERD FOUNDATION UK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH APRIL 2025
6. SUPPORT COSTS
SUPPORT COSTS |
|
|
|
|
|
|
|
Governance |
|
|
Management |
Finance |
costs |
Totals |
|
£ |
£ |
£ |
£ |
Core activities |
101,660 |
55,167 |
6,408 |
163,235 |
7. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
|
2025 |
2024 |
|
£ |
£ |
Depreciation - owned assets |
10,126 |
10,095 |
8. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended30thApril2025nor for
the year ended 30th April 2024.
Trustees' expenses
Includedwithintotalexpenditure,therewere£16,689(2024:£10,130)trustee'sexpenses paid
fortheyearended30April2025.Theselargelycomprisedofnecessaryinternationaltravel and
related expenditure.
9. STAFF COSTS
Wages and salaries |
2025
£
13,016
13,016 |
2024
£
6,190 |
|
|
6,190 |
The average monthly number of employees during the year was as follows:
Support staff
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
350,924
EXPENDITURE ON
Raising funds
8,333
Charitable activities
Core activities
415,045
Total
423,378
NET INCOME/(EXPENDITURE)
(72,454) |
|
2025
1
Restricted
fund
£
-
-
-
-
- |
2024
1
Total
funds
£
350,924
8,333
415,045
423,378
(72,454) |
|
|
|
|
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
continued...
Page 12
GOOD SHEPHERD FOUNDATION UK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH APRIL 2025
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
fund
fund
£
£
RECONCILIATION OF FUNDS
Total funds brought forward
585,407
-
TOTAL FUNDS CARRIED FORWARD
512,953
-
11.
TANGIBLE FIXED ASSETS
Improvements
Freehold
to
Computer
property
property
equipment
£
£
£
COST
At 1st May 2024
410,000
46,357
-
Additions
-
-
2,116
At 30th April 2025
410,000
46,357
2,116
DEPRECIATION
At 1st May 2024
32,760
9,271
-
Charge for year
5,460
4,636
30
At 30th April 2025
38,220
13,907
30
NET BOOK VALUE
At 30th April 2025
371,780
32,450
2,086
At 30th April 2024
377,240
37,086
-
Included in cost or valuation of land and buildings is freehold land of £137,000 (2024
which is not depreciated.
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
£
Other debtors
772
Prepayments
412
1,184 |
Total
funds
£
585,407
512,953
Totals
£
456,357
2,116
458,473
42,031
10,126
52,157
406,316
414,326
- £137,000)
2024
£
1,397
377
1,774 |
|
|
continued...
Page 13
GOOD SHEPHERD FOUNDATION UK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH APRIL 2025
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|
2025 |
2024 |
|
£ |
£ |
Other creditors |
420 |
244 |
Accrued expenses |
5,000 |
2,250 |
|
5,420 |
2,494 |
14. MOVEMENT IN FUNDS
Net
movement
At 1.5.24
in funds
£
£
Unrestricted funds
General fund
512,953
25,005
TOTAL FUNDS
512,953
25,005
Net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
971,438
(946,433)
TOTAL FUNDS
971,438
(946,433)
Comparatives for movement in funds
Net
movement
At 1.5.23
in funds
£
£
Unrestricted funds
General fund
585,407
(72,454)
TOTAL FUNDS
585,407
(72,454)
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
350,924
(423,378)
TOTAL FUNDS
350,924
(423,378) |
|
At
30.4.25
£
537,958
537,958
Movement
in funds
£
25,005
25,005
At
30.4.24
£
512,953
512,953
Movement
in funds
£
(72,454)
(72,454) |
|
|
|
|
|
|
|
|
|
|
|
|
continued...
Page 14
GOOD SHEPHERD FOUNDATION UK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH APRIL 2025
14. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
At 1.5.23
£
585,407
585,407 |
Net
movement
in funds
£
(47,449)
(47,449) |
At
30.4.25
£
537,958 |
|
|
|
537,958 |
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
1,322,362
(1,369,811)
TOTAL FUNDS
1,322,362
(1,369,811) |
Movement
in funds
£
(47,449)
(47,449) |
|
|
15. RELATED PARTY DISCLOSURES
OneoftheCharity'strusteesisalsothechiefexecutiveofOMBooksFoundation,an organisation
whichbenefittedfromgrantsandothersupporttotalling£783,198(2024:£323,371)during the
year paid from the charity.
OneoftheCharity'strusteesisalsoapartnerofaWaycrossVenturesLLP,alimited liability
partnershipbasedinIndiawhichprovidedconsultancyservicesduringtheyearworth £88,644
(2024: £22,991)
Page 15
GOOD SHEPHERD FOUNDATION UK
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH APRIL 2025
|
2025 |
2024 |
|
£ |
£ |
INCOME AND ENDOWMENTS |
|
|
Donations and legacies |
|
|
Donations |
971,438 |
350,924 |
Total incoming resources |
971,438 |
350,924 |
EXPENDITURE |
|
|
Raising donations and legacies |
|
|
Consultancy |
- |
8,333 |
Charitable activities |
|
|
Grants to institutions |
783,198 |
320,344 |
Support costs |
|
|
Management |
|
|
Wages |
13,016 |
6,190 |
Management fees |
88,644 |
30,019 |
|
101,660 |
36,209 |
Finance |
|
|
Rates and water |
2,482 |
2,509 |
Insurance |
1,845 |
571 |
Light and heat |
1,142 |
1,157 |
Telephone |
6,466 |
5,479 |
Website costs |
10,886 |
10,800 |
Sundries |
1,815 |
1,389 |
Bank charges |
1,829 |
1,232 |
Travelling |
13,063 |
17,384 |
Foreign exchange (gain)/loss |
3,254 |
1,300 |
Repairs & maintenance |
358 |
1,861 |
Postage and stationery |
814 |
54 |
Computer costs |
1,087 |
1,264 |
Freehold property |
5,460 |
5,460 |
Improvements to property |
4,636 |
4,636 |
Computer equipment |
30 |
- |
|
55,167 |
55,096 |
Governance costs |
|
|
Accountancy and legal fees |
6,408 |
3,396 |
Total resources expended |
946,433 |
423,378 |
Net income/(expenditure) |
25,005 |
(72,454) |
This page does not form part of the statutory financial statements
Page 16