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2024-12-31-accounts

Company Registration Number - CE016260

Charity Registration Number - 1181650

Loving Humanity

Report and Accounts

31 December 2024

Loving Humanity

Report and accounts for the year ended 31 December 2024

Contents

Page
Annual Report 1 to 3
Independent Accountant's Report 4 to 5
Statement of Financial Activities 6
Balance sheet 7
Notes to the accounts 8 to 12

Company Registration Number - CE016260

Loving Humanity

Charity number - 1181650

Trustees' Annual Report 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 period 31st December 2024. The trustees have adopted the provisions for the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in March 2005.

Reference and administrative details

The legal name of the charity is Loving Humanity

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1181650

The following persons served as Directors, and also as Trustees for the charity, during the year ended 31 December 2024, and on the date the report was approved:-

A.T. Cordle B.J. Hunt A.T. Whinney

The principal operating address of the charity is:-

Henley Farmhouse Henley

Box

Corsham

SN13 8BX

The registered office of the charity for Companies Act purposes is the same as the operating address shown above.

Independent Examiner:-

Mutu Accountancy Ltd Unit 1.07 Newark Works 2 Foundry Lane Bath England BA2 3GZ

Objectives and aims

The purposes of the charity as set out in its governing document

Our charity’s purposes as set out in the objects contained in the company’s articles are: The purpose of the charity as set out in its governing document is to prevent or relieve poverty or financial hardship and to advance health in relation to the freedom of women, menstruation and incontinence for the public benefit anywhere in the world.

The company was established under the Charities Act 2011. The Trustees have considered the Charity Commission guidance on public benefit from section 17 of the Charities Act 2011 and believe that the work of the charity has directly benefited people as described in this report.

1

Company Registration Number - CE016260

Loving Humanity

Charity number - 1181650

Trustees' Annual Report for the year ended 31 December 2024

ACHIEVEMENTS AND PERFORMANCE

Jordan

Our micro-factory continues to run efficiently under the management of Ayal Izzat (Messengers of Peace). We continue to employ a caretaker (Sulaiman) and four Iraqi women refugees (Ekhlas Metti, Nidal Salim, Ghaida’a Hikmat and Eman Imad) who make beautiful washable sanitary pads and nappies. Our wages and overheads cost £19,263.90.

This year’s distribution is as follows:

We restocked the project with PUL from Turkey this year at a cost of £3,113.98 and thankfully still source the cotton for the inserts from the market in Amman (£3,311.74). Our Jordan project including wages, materials, overheads and shipping to Burundi (£3,112.72) this year cost £29,191.51.

Sierra Leone

In February we donated £2,328 to Re-Evolution to buy 10 new sewing machines and to pay for 3 trainers to help expand the project. In May we bought cotton in Jordan (£413.79) which we then shipped to Sierra Leone (£1105.75). In June we restocked the project with the PUL material from Turkey (£1546) and assisted with tax and clearance costs in Sierra Leone (£600). The women and girls have now made 550 washable pad kits with their target being 1000 in the New Year. Our donation to Re-Evolution in Sierra Leone totalled £5,993.54.

Kenya

Although we are no longer setting up new disposable pad projects, our partners in Kenya continue to manufacture and distribute pads. ‘Polycom Girls’ in Kibera help 1500 girls every month and ‘Free the Girl’ in Nakuru help 500 girls.

Gaza

In October we were introduced to Ajyal Foundation https://ajyalfoundation.org/index.html who work on the ground in Gaza usually providing education. With the war however they have turned to crisis management. We were researching the possibility of exporting our pad kits from Jordan to Gaza. However, due to the instability and uncertainty of the pad kits making it to their destination, we decided against this strategy. Instead, on the evening of the St Mary’s Calne fashion show in aid of Loving Humanity, Amy asked for a one-off donation from the parents to go directly to Ajyal Foundation to enable them to buy packets of sanitary pads in Gaza.

We learnt from Ajyal that the women and girls there are coping by cutting up their tents as the clothes on their back are all they have and therefore are not an option for cutting up to use as pads. Ajyal had a donor to match our donation therefore £1000 was sent to Gaza to help. The cost of a packet of sanitary pads in Gaza is $3 thus we were able to help them purchase 333 packets of pads.

We also discussed the possibility of creating a washable pad project on the ground in Gaza post war.

2

Loving Humanity Company Registration Number - CE016260 Charity number - 1181650

Trustees' Annual Report for the year ended 31 December 2024

UK

Our UK overheads remain small with the bulk of our costs being the storage of our disposable pad material in the warehouse in Radstock (£1160.45). The other largest expense being our accountancy costs of £1512. The remainder of our running costs are spent on our newsletter, bank charges, Zoom, website hosting and our JustGiving subscription fees.

Fundraising

On 12th May Rozzie, Cassie, Emily, Amy and Eilidh climbed Ben Nevis and raised a fabulous £6,047 for pads for Gaza. We also received £5,000 from the De Lazlo Foundation and £2,000 from The Albert Van Den Bergh Charitable Trust. St Mary’s Calne gave us £2,416 raised from their two fashion shows in 2023 and 2024.

FINANCIAL REVIEW

In 2024 we have seen a decrease in the value of donations received by £11,094.

Donations to third parties, increased from £33,098 to £34,166 in 2024, a movement of £1,068. The majority of the third-party donations went to Messengers of Peace £29,192.

The costs incurred to operate the charity came to £2,772 (2023 £4,854). This resulted in an overall net expenditure of £3,771 in the year compared to expenditure of £3,986 in the previous year. These shortfalls have been covered by the existing reserves of the charity and by the end of 2024 there was a surplus of £10,443 (2023 - £14,214). Reserves are needed to cover the difference between the spending of the charity and income received and to cover any unexpected expenditure.

Due to the reserves held at the end of 2024 and the fundraising in 2025 the trustees are satisfied that the charity is a going concern. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006.

The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

3

Loving Humanity

Company Registration Number - CE016260

Charity number - 1181650

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described in the Trustees report, you, the charitable company's Trustees, who are also the Directors of the Company for the purposes of Company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144(2) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, and that the accounts do not require an audit in accordance with the Companies Act 2006 and that no member or members have requested an audit. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or a) examine the financial statements of the charity under Section 145 of the Act;

b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent Examiner's Statement and scope of work undertaken

I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission.

An independent examination includes a review of the accounting records kept by the charitable company and of the accounting systems employed by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide.

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.

4

Loving Humanity

Company Registration Number - CE016260

Charity number - 1181650

Independent Examiner's Statement, Report and Opinion

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-

The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006;

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

the financial statements do not comply with the applicable requirements concerning the form and content of

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 financial statements to be reached.

Emma D'Aubyn FCA BFP Mutu Accountancy Ltd Unit 1.03 Newark Works 2 Foundry Lane Bath England BA2 3GZ 30 Sep 2025

This report was signed on

5

Loving Humanity - Statement of Financial Activities for the year ended 31 December 2024

Company Registration Number - CE016260

NOTES
Income & Endowments from:
Donations and legacies
3
Investments
4
Other
5
8 to 12
Total income
Expenditure on:
Charitable activities
6
Other
7
Total expenditure
Net income/(expenditure) for the year
8
Net income after transfers
A-B-C
Reconciliation of funds:-
E
Total funds brought forward
Total funds carried forward
Net movement in funds
Ref		 Unrestricted
Funds
2024
£
36,974
80
729
37,783
38,782
2,772
41,554
(3,771)
(3,771)
(3,771)
14,214
10,443		 Restricted
Funds
2024
£
-
-
-
-
-
-
-
-
-
-
-
-		 Total Funds
2024
£
36,974
80
729
37,783
38,782
2,772
41,554
(3,771)
(3,771)
(3,771)
14,214
10,443		 Total Funds
2023
£
48,068
91
5,441
53,600
52,732
4,854
57,586
(3,986)
(3,986)
(3,986)
18,200
14,214

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All activities derive from continuing operations

6

Loving Humanity - Balance Sheet as at 31 December 2024

Company Registration Number - CE016260

Notes
S
O
R
2024
£
Fixed assets
A
Tangible assets
A2
Current assets
B
Stocks
11
B
4,075
Debtors
8 to 12B2
145
Cash at bank and in hand
B4
9,291
Total current assets
13,511
Creditors: amounts falling due within one year
13
C
(2,768)
Net current assets
10,743
The total net assets of the charity
10,743
Restricted Funds
Restricted Income Funds
14
-
-
Unrestricted Funds
General Funds
14
D3
10,743
Unrestricted Revaluation Reserve
#REF!D4
Reserves
14
Total charity funds
10,743
The total net assets of the charity are funded by the funds of the charity, as follows:-		 2023
£
7,523
31
12,720
20,274
(5,760)
14,514
14,514
-
-
14,514
14,514

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The member has not required the company to obtain an audit in accordance with section 476 of the Act.

The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 8.

The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

Approved by the board on

And signed on it's behalf by:

Adele Cordle

A.T. Cordle, Trustee DATE

30 Sep 2025

7

Loving Humanity - Balance Sheet as at 31 December 2024 Company Registration Number - CE016260 Charity number - 1181650

Notes to the Accounts

1 Accounting policies

Basis of preparation and accounting convention

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting
8 to 12 These are available for use at the discretion of the trustees in furtherance of the general objects of the
charity.
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes.
Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of
investment assets at their market values.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
Recognition of income Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to,
and virtually certain to receive, the income and the amount of the income can be measured with sufficient
reliability.
Income with related Where income has related expenditure the income and related expenditure is reported gross in the
expenditure SoFA.
Donations and legacies Voluntary income received by way of grants, donations and gifts is included in the the SoFA when
receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the gift/donation to which it relates.
donations and gifts
Donated services and These are only included in income (with an equivalent amount in expenditure) where the benefit to the
facilities Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts.
Investment income This is included in the accounts when receivable.
Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value
revaluation of fixed at the end of the year.
assets
Gains/(losses) on This includes any gain or loss on the sale of investments.
investment assets

8

Loving Humanity - Balance Sheet as at 31 December 2024 Company Registration Number - CE016260 Charity number - 1181650

Notes to the Accounts

Expenditure Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully expenditure recovered, and is reported as part of the expenditure to which it relates. Expenditure on raising These comprise the costs associated with attracting voluntary income, fundraising trading costs and funds investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and services in the charitable activities furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity.

Taxation

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

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

9

Loving Humanity - Balance Sheet as at 31 December 2024 Company Registration Number - CE016260 Charity number - 1181650

Notes to the Accounts

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Company status

The company is a registered charity and consequently does not have share capital.

3 Income from donations and legacies
4 Income from investments
Bank interest
5 Other income
Gift Aid recovery
Fundraising events
Other income
6 Expenditure on charitable activities
Expenditure on charitable activities
Direct cost of charitable activities
Shipping, storage and duty paid
Donations to in-country partners
Governance costs
7 Other expenditure
Motor and travel costs
Premises costs
General administrative costs
Legal and professional costs
8 Net expenditure before transfers
This is stated after charging:
Independent Examiner's fee
Donations from companies and organisations
Other		 Unrestricted
2024
£
36,679
295
36,974
Unrestricted
2024
£
-
-
729
729
Unrestricted
2024
£
3,447
1,169
34,166
-
38,782
Unrestricted
2024
£
-
-
917
1,855
2,772		 Restricted
2024
£
-
-
-
Restricted
2024
£
-
-
-
-
Restricted
2024
£
-
-
-
-
-
Restricted
2024
£
-
-
-
-
-
2024
£
1,260		 Total
2024
£
36,679
295
36,974
Total
2024
£
80
80
Total
2024
£
-
-
729
729
Total
2024
£
3,447
1,169
34,166
-
38,782
Total
2024
£
-
-
917
1,855
2,772		 Total
2023
£
47,363
705
48,068
Total
2023
£
91
91
Total
2023
£
-
-
5,441
5,441
Total
2023
£
5,666
9,968
33,098
4,000
52,732
Total
2023
£
2,180
-
1,234
1,440
4,854
2023
£
1,260

10

Loving Humanity - Balance Sheet as at 31 December 2024 Company Registration Number - CE016260 Charity number - 1181650

Notes to the Accounts

9 Trustee remuneration and expenses

10 Staff costs
11 Stocks
12 Debtors
13 Creditors:
amounts falling due within one year
Trade creditors
Other taxes and social security
Other creditors
Accruals
14 Movement in funds
Restricted funds:
Restricted income funds:
UK restriction
Total
Unrestricted funds:
General funds
Total funds
Number of trustees paid expenses
Total expenses reimbursed to trustees
The charity had no paid staff during the period.
Raw materials and consumables
Other debtors		 At 1
January 2024
£
-
-
14,514
14,514		 2024
Number
-
£
-
2024
£
4,075
4,075
2024
£
145
145
2024
£
143
-
-
2,625
2,768
Incoming
resources
(including
other
gains/losses)
£
-
-
37,783
37,783		 Resources
expended
£
-
-
(41,554)
(41,554)		 2023
Number
1
£
9,570
2023
£
7,165
7,165
2023
£
82
82
2023
£
5,842
332
-
2,000
8,174
At 31
December 2024
£
-
-
10,743
10,743

Purposes and restrictions in relation to the funds: Restricted funds: UK restriction Funds to be used in the UK only.

11

Loving Humanity - Balance Sheet as at 31 December 2024 Company Registration Number - CE016260 Charity number - 1181650

Notes to the Accounts

15 Analysis of net assets between funds
Net current assets
16 Reconciliation of net debt
Cash and cash equivalents
Net debt
17 Related party disclosures
Transactions with related parties
Name of related party
Amount due from/(to) the related party
Description of relationship between
the parties		 Unrestricted
2024
£
1,452
1,452
A.G. Peake
Founder		 Restricted
2024
£
9,291
9,291
At 1
January 2024
£
12,720
12,720
12,720
2024
£
-		 Total
2024
£
10,743
10,743
Cash flows
£
(3,429)
(3,429)
(3,429)		 Total
2023
£
14,514
14,514
At 31
December 2024
£
9,291
9,291
9,291
2023
£
(2,214)

Controlling party

The company is a registered charity and has no share capital; thus no single party controls the company.

12

Issuer

Mutu Accountancy

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Audit history log

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