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2024-12-31-accounts

REGISTERED COMPANY NUMBER: CE013467 (England and Wales) REGISTERED CHARITY NUMBER: 1177455

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

TEAM UNLIMBITED

JVCA Ltd, Chartered Accountants 114 High Street Cranfield MK43 0DG

TEAM UNLIMBITED

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 11
Detailed Statement of Financial Activities 12

TEAM UNLIMBITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Our Story

We are Team Unlimbited, a UK charity setup by Stephen Davies and Drew Murray that designs and manufactures 3D assertive devices for people with upper limb differences, all for free.

We are completely dependent on donations to continue to evolve our designs, build our community of manufacturers and makers, and to build the actual arms for recipients too! All our designs are open source for non-commercial use for anyone around the world to use.

If you would like to donate or discover more about our story and the amazing people we help, visit our website at https://www.teamunlimbited.org/ or facebook page https://www.facebook.com/teamunlimbited

Printing a 3D arm can take quite a while, as can assembling and tweaking it! The trustees all have jobs so, currently, the work of the charity continues to operate on a part-time basis.

Empowering and inspiring

We hope to be empowering and inspiring people with limb difference through the design and building of innovative 3D printed hand and arm devices.

Team Unlimbited strives to be a catalyst for change in the complex world of upper limb difference. By giving the world a helping hand, we can help improve the confidence and courage of children and adults with limb difference and ultimately, work towards removing the long-standing stigma around discussing and dealing with disability.

Thank you!

A really big thank you to everyone who has donated money, your support is appreciated and welcomed. ...and if you want to give please follow this link : https://www.teamunlimbited.org/donate

Thank you also to all the lovely people who fundraised for us! ...and all the people who contributed to their fundraising efforts.

Page 1

TEAM UNLIMBITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

OBJECTIVES AND ACTIVITIES Significant activities

What have we done this Year? - Notable highlights

Team Unlimbited continues support the limb difference community with our social media feed and provide guidance / sign posting to parents and individuals of a Limb difference to organisations that could assist them. Our colourful arm designs and recipient stories continue to inspire and create a dialogue between those with a Limb difference and society.

This year our focus has continued to be in four key areas

1. Supporting those building devices for themselves and others.

Availability of 3D printers continues to fall making them more accessible to many people in the UK and around the world. This has continued to drive the desire for people to build their own device as opposed asking for us to create a device for them.We support this change in demand and assist people who wish to build their own device by supporting their efforts through advice, guidance, digital part generation of our design and also periodic enhancement and revisions to V2 of our design based on reported or observed feedback.

This year has also seen a few other open source designs become available and people mix and match our design with other peoples ideas; it is encouraging to see the online community to experiment and test out new ideas and novel approaches to helping people with a limb difference.

2. V3 of our arm.

V3 of our arm continues to evolve and this year has seen further closed testing performed with some of the most active volunteers who frequently build devices for others.

Reaction to some of the key improvements have been positive, this would include;

3. Development of a hosting solution for the V3 arm

For several years our arm design has been published on a website called Thingverse using their customiser as a simple way for users to get our design in their required dimensions. Thingverse has become un-reliable, and users are having to use a more complex method to generate the 3D printing parts they require for our arm.

There has been significant improvement in back-end 3D mesh library generation software and also front-end web browser support over the last year. We have decided to re-develop the hosting solution to ensure it is compatible with a greater range of browsers (to support mobile phone and tablet access). There has also been progress toward ensuring our software solution is "cloud native" to minifies the costs of hosting the solution to ensure we can make it available to all at no end user cost. Finally we have been seeking guidance on how we can ensure data privacy law compliance with regards to recipients and volunteers personal data handling as this has been highlighted from our own due diligence.

4. Documentation for the V3 arm

Documentation continues to evolve with each re-design of arm elements, our most recent test with users with no experience of our work were able to successfully complete the build steps without significant problems; we believe when published along with the design this will lead to easy adoption / use.

Page 2

TEAM UNLIMBITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity was founded by adopting a constitution dated 7 March 2018.

Organisation

The names of the Trustees who served during the year are set out on the information page. Trustees meetings are held on a regular basis, with ad hoc meeting being held as and when necessary. Day to day running of the organisation is handled by Mr D Murray and Mr S Davies.

Risk Management

The trustees carry out an annual review of the risks which the charity may face, have established systems and procedures to mitigate any risks identified and minimise any potential impact should any identified risks materialise.

Objects

The objects of the charity are:

The relief of those in need because of upper limb difference, in the UK and elsewhere in the world, for the public benefit, by (i) the design and production of 3D printed assistive devices and (ii) the provision of support, education and practical advice in their use.

Activities for the public benefit

The Trustees have due regard for the guidance on public benefit and achieve these aims by designing, building and gifting 3D printed hands and arms in the UK. Giving advice support and advice in the UK and worldwide and by sharing all our designs online, open source completely free.

The Trustees have referred to guidance contained in the Charity Commission's general guidance on public benefit when reviewing aims and objectives and in planning future activities. In particular, the Trustees consider how planned activities will contribute to the aim and objectives they have set.

Achievements and performance

This year we continued to support people and various volunteer groups all over the world with questions, advice and generating the digital components to build their own devices.

In 2024 we had over 45,000 downloads of our version 2, arm design from people all over the world including the U, bringing the total number of downloads since its release to 372,000..

We have continued to test and iterate developing a new V3 version of our arm focusing on all the feedback we have received from all over the world. This new arm design is now in limited testing with some of the more capable volunteer groups in the UK and overseas, it continues to mature and iterate.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

CE013467 (England and Wales)

Registered Charity number

1177455

Registered office

8 Llwynon Road Clydach Abertawe SA6 5NQ

Page 3

TEAM UNLIMBITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

Trustees

Mr D Murray Treasurer Mr S Davies Mrs A Murray Mrs R Davies Mr M S Jenkins

Company Secretary

Independent Examiner

JVCA Ltd, Chartered Accountants 114 High Street Cranfield MK43 0DG

Approved by order of the board of trustees on 30 September 2025 and signed on its behalf by:

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Mr D Murray - Trustee

Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TEAM UNLIMBITED

Independent examiner's report to the trustees of Team Unlimbited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in 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)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jonathan Vowles

Jonathan Vowles (Oct 29, 2025 09:30:47 GMT)

Mr J C Vowles FCA

JVCA Ltd, Chartered Accountants 114 High Street Cranfield MK43 0DG

28 October 2025

Page 5

TEAM UNLIMBITED

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

2024
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
5,357
EXPENDITURE ON
Charitable activities
GENERAL
7,777
NET INCOME/(EXPENDITURE)
(2,420)
RECONCILIATION OF FUNDS
Total funds brought forward
51,546
TOTAL FUNDS CARRIED FORWARD
49,126
2023
Total
funds
£
8,725
16,798
(8,073)
59,619
51,546

The notes form part of these financial statements

Page 6

TEAM UNLIMBITED

BALANCE SHEET 31 DECEMBER 2024

2024
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
5
9,065
CURRENT ASSETS
Cash at bank
47,794
CREDITORS
Amounts falling due within one year
6
(7,733)
NET CURRENT ASSETS
40,061
TOTAL ASSETS LESS CURRENT
LIABILITIES
49,126
NET ASSETS
49,126
FUNDS
8
Unrestricted funds
49,126
TOTAL FUNDS
49,126
2023
Total
funds
£
9,252
50,026
(7,732)
42,294
51,546
51,546
51,546
51,546

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 28 October 2025 and were signed on its behalf by:

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{{sig1_es_:signer2:signature:dimension(width=80mm, height=15mm)}}
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Mr D Murray - Trustee

The notes form part of these financial statements

Page 7

TEAM UNLIMBITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 20% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£ £
Depreciation - owned assets 2,821 4,249

continued...

Page 8

TEAM UNLIMBITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 8,725
EXPENDITURE ON
Charitable activities
GENERAL 16,798
NET INCOME/(EXPENDITURE) (8,073)
RECONCILIATION OF FUNDS
Total funds brought forward 59,619
TOTAL FUNDS CARRIED FORWARD 51,546
TANGIBLE FIXED ASSETS
COST Computer
equipment
£
At 1 January 2024 26,731
Additions 2,634
At 31 December 2024 29,365
DEPRECIATION
At 1 January 2024 17,479
Charge for year 2,821
At 31 December 2024 20,300
NET BOOK VALUE
At 31 December 2024 9,065
At 31 December 2023 9,252

5. TANGIBLE FIXED ASSETS

continued...

Page 9

TEAM UNLIMBITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other loans (see note 7)
Trade creditors
Accrued expenses
2024
£
6,547
1
1,185
7,733
2023
£
6,547
-
1,185
7,732

7. LOANS

An analysis of the maturity of loans is given below:

Amounts falling due within one year on demand: 2024
2023
£
£
Other loans 6,547
6,547
MOVEMENT IN FUNDS
Unrestricted funds At 1/1/24
£
Net
movement
At
in funds
31/12/24
£
£
General fund 51,546 (2,420)
49,126
TOTAL FUNDS 51,546 (2,420)
49,126
Net movement in funds, included in the above are as follows:
Unrestricted funds Incoming
resources
£
Resources
Movement
expended
in funds
£
£
General fund 5,357 (7,777)
(2,420)
TOTAL FUNDS 5,357 (7,777)
(2,420)
Comparatives for movement in funds
Unrestricted funds At 1/1/23
£
Net
movement
At
in funds
31/12/23
£
£
General fund 59,619 (8,073)
51,546
TOTAL FUNDS 59,619 (8,073)
51,546

8. MOVEMENT IN FUNDS

continued...

Page 10

TEAM UNLIMBITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

8. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 8,725 (16,798) (8,073)
TOTAL FUNDS 8,725 (16,798) (8,073)

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds At 1/1/23
£
Net
movement
At
in funds
31/12/24
£
£
General fund 59,619 (10,493)
49,126
TOTAL FUNDS 59,619 (10,493)
49,126

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds Incoming
Resources
resources
expended
£
£
Movement
in funds
£
General fund 14,082
(24,575)
(10,493)
TOTAL FUNDS 14,082
(24,575)
(10,493)

9. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2024.

Page 11

TEAM UNLIMBITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

2024
2023
£
£
INCOME AND ENDOWMENTS
Donations and legacies
Donations 5,357
8,725
Total incoming resources 5,357
8,725
EXPENDITURE
Charitable activities
3D consumables 1,995
1,060
Postage and stationery 703
751
Advertising 236
7,200
Website Costs 245
245
Subscriptions 95
498
Travel and Subsistence -
424
Accountancy 1,680
1,400
IT Software and consumables -
943
Computer equipment 2,822
4,248
Support costs 7,776
16,769
Other 3
Sundries 1
29
Total resources expended 7,777
16,798
Net expenditure (2,420)
(8,073)

This page does not form part of the statutory financial statements

Page 12