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2025-04-15-accounts

Trustees’ Annual Report for the period

From 16 April 2024 To 15 April 2025

Charity name: The MOMENTS Project

Charity registration number: 1183007

Objectives and Activities

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SORP reference
Summary of the purposes of Para 1.17 To relieve sickness and to preserve the
the charity as set out in its health of patients of Atsede and Indie’s
governing document Clinic at Gubrye, Ethiopia by providing
or assisting in the provision of
equipment, facilities and/or services to
the Clinic not normally provided by the
statutory authorities in Ethiopia
Summary of the main Para 1.17 and The Trustees of the charity are all
activities in relation to those 1.19 volunteers
purposes for the public and do not receive any material benefit
benefit, in particular, the from their work on behalf of the Charity.
activities, projects or
services identified in the The charity has an agreement with the
accounts. Directors of the Clinic. Under the
agreement, the Clinic Directors submit
six monthly requests (if needed) for
equipment (or ad hoc in an emergency
situation) which is considered by the
Trustees. Provided funds are available
the Trustees agree funding for the
purchase of equipment, facilities
and/or other services. The purchases
are intended to improve the services
offered by the Clinic for the public
benefit of the people of Gubrye and
Statement confirming Para 1.18 The Trustees have understood di ill
whether the trustees have and have had regard to guidance issued
had regard to the guidance by the Charity Commission on public
issued by the Charity benefit.
Commission on public
benefit
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Additional information (optional) You may choose to include further statements where relevant about:

SORP reference

Policy on grant making
Para 1.38 The charity agreed that the main
fundraising activities would take the
form of applications to grant making
bodies.
Policy on social investment
including program related
investment
Para 1.38
Contribution made by
volunteers
Para 1.38 All the Trustees are volunteers and give
their time freely and willingly to the
Charity.
Other The Trustees promote the work of the
Clinic via social media in order to
provide information about the work of
the Clinic to supporters.

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 There was little activity during the year
as no requests for equipment were
made by the Clinic and no applications
for grants made.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41

Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other

Financial Review

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Review of the charity’s Para 1.21 Please see separate financial report
financial position at the end
of the period
Statement explaining the Para 1.22 Please see separate financial report
policy for holding reserves
stating why they are held
Amount of reserves held Para 1.22 The Trustees have agreed to maintain
the funds held in the UK to a level
whereby the charity could support the
Clinic with funding for the health and
well being of patients and their families
in cases of emergency ie civil war or
instability impacting food availability
Reasons for holding zero Para 1.22
reserves
Details of fund materially in Para 1.24 None
deficit
Explanation of any Para 1.23 n/a
uncertainties about the
charity continuing as a going
concern
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Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal
sources of funds (including Para 1.47
any fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the principal Para 1.46
risks facing the charity
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Additional information (optional)
You may choose to include further statements where relevant about:
Additional information (optional)
You may choose to include further statements where relevant about:
Additional information (optional)
You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47

Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed,royal charter)
Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 By appointment by the Board of
Trustees

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees
Para 1.51 Code of Conduct agreed by all Trustees
in May 2019.
Safeguarding Policy agreed by all
Trustees in May 2019. Signed by Clinic
Directors.
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any
related parties
Para 1.51
Other

Reference and Administrative details

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Charity name The Moments Project
Other name the charity uses
Registered charity number 1183007
Charity’s principal address Wildflowers Stable
Gracious Lane
Sevenoaks Kent
TN13 1TJ
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Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any) year to appoint trustee (if any)
1 Robert Manning Chair The Board of Trustees
2 Gavin Roweth Trustee The Board of Trustees
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets n/a held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Robert Manning Full name(s) Robert Manning Position (eg Secretary, Chair Chair, etc) Date 10/02/2026

The MOMENTS project (a charitable incorporated organisation)

Registered Charity No. 1183007

ANNUAL ACCOUNTS For the year ended 15 April 2025

9

CONTENTS

Reference and Administrative Details 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Accounts 6 - 10

10

The trustees of the charity are pleased to present their annual accounts for the year ended 15 April 2025.

1. REFERENCE AND ADMINISTRATIVE DETAILS

Charity Name: The MOMENTS Project (formerly the Friends of Atsede and Indie’s clinic) Charity Registration: 1183007 Registered Office: Wildflowers Stable Gracious Lane Sevenoaks Chairman: Robert Manning Bank: CAF Bank Ltd Kings Hill, West Malling Kent ME19 4TA

The directors who served during the period and up to the date of this report are set out below:

Directors /
Trustees:
Elected Members
Robert Manning
Gavin Roweth
Harriet Luna
Role:
Chair
Trustee
Trustee
Date
Appointed
18/03/2019
01/05/2020
01/08/2025
Date
Resigned

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The MOMENTS Project

Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the year ended 15 April 2025

Income from:
Donations
Charitable activities
Interest income
Total Incoming Resources
Expenditure on:
Charitable activities
Administration Costs
Total expenditure
Net income /(expenditure)
before transfers
Transfers between funds
Net movement in funds for
the year
Reconciliation of funds
Total funds brought
forward 16 April 2023
Balances carried
forward 15 April 2024
Note
1
2
3
5
5
6
Unrestricted
funds
£
-
-
-
Unrestricted
funds
£
-
-
-
Restricted
funds
£
-
-
-
Restricted
funds
£
-
-
-
Designated
funds
£
-
-
-
Designated
funds
£
-
-
-
Total
funds
2024
£
-
-
-
Year Year
April
- - - - 3,319
-
51
-
-
-
-
-
51
3,487
258
51 - - 51 3,745
(51)
-
-
-
-
-
(51)
-
(426)
-
(51) - - (51) (265)
4,215 - - 4,215
4,164
4,641
4,215
4,164 - -

All income and expenditure derive from continuing activities.

The Statement of Financial Activities incorporates all gains and losses recognised in the above two financial periods.

The notes on pages 6 to 10 form part of these financial statements.

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The MOMENTS Project

Balance Sheet as at 15 April 2025

Note
Current Assets
Cash at bank and in hand
Creditors - amounts falling
due within one year
6
Net Current Assets
Net Assets
13
Represented by:
Funds of the Charity
Restricted funds
13
Designated funds
13
Unrestricted funds
General funds
13
20
As at
15-April
2025
Unrestricted
Funds
£
4,164
As at
15-April
2025
Unrestricted
Funds
£
4,164
As at
15-April
2025
Restricted
Funds
£
-
As at
15-April
2025
Restricted
Funds
£
-
As at
15-April
2025
Total
£
4,164
As at
15-April
2025
Total
£
4,164
As at
15-April
2024
Total
£
4,215
As at
15-April
2024
Total
£
4,215
4,164
-
-
-
4,164
-
4,215
-
4,164 - 4,164 4,215
4,164 - 4,164 4,215
-
-
4,164
-
-
-
-
-
4,164
4,164
-
-
4,215
4,215
4,164 -

The members have not required the charitable incorporated organisation to have an audit in line with Section 144 of the Charities act 2011. As the income for the year is less than £10,000 no independent examination has been carried out.

The financial statements were approved by the Board of Trustees on 10 February 2026 and were signed on its behalf by:

Robert Manning

Chairman ……………………………… Robert Manning

Charity Registration No 1183007

13

The MOMENTS Project

Notes to the Accounts for the year ended 15 April 2025

1. Accounting policies

Basis of preparing the financial statements

The MOMENTS Project is a charity limited by guarantee in the United Kingdom. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page 3 of these Report and Accounts. The nature of the charity’s operations and principal activities are in raising funds for the delivery of equipment and/or additional services for a health clinic based in Ethiopia.

The charity constitutes a public benefit entity as defined by FRS 102. 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) issued on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling, which is the functional currency of the charity.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102).

● Voluntary income by way of grants, donations and gifts is included in full in the Statement of Financial Activities when receivable and when the amounts are known with certainty and are measurable.

● Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure.

● Incoming resources from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance. Where income is received in advance of performance it is treated as deferred income and included within creditors.

Resources expended

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.

14

The MOMENTS Project

Notes to the Accounts for the year ended 15 April 2025

1. Accounting policies Resources expended (continued)

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.

All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity comprise both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Fund accounting

Restricted funds

Restricted funds represent grants and donations received which are subject to restrictions on their expenditure imposed by the donor or through the terms of an appeal. The aim and use of each restricted fund is set out in the notes to the financial statements.

Unrestricted funds and designated funds

Unrestricted funds represent funds that are expendable at the discretion of the directors in the furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.

Designated funds are those funds which are unrestricted in nature but which have been designated by the directors to be used in a particular manner.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Recognition of liabilities

Liabilities are recognised when an obligation arises to transfer economic benefits as a result of past transactions or events.

Tax

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

Going concern

The financial statements have been prepared on a going concern basis, as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

15

The MOMENTS Project

Notes to the Accounts for the year ended 15 April 2025

2. Donations

Source of income
Charities Trust
Bequests
Other Donations
Unrestricted
funds
£
-
-
-
Unrestricted
funds
£
-
-
-
Restricted
funds
£
-
-
-
Restricted
funds
£
-
-
-
Total
2025
£
-
-
-
-
Total
2024
£
-
-
319
319
- -

3. Income from Charitable Activities

Source of income
Rathbone
Unrestricted
funds
-
Unrestricted
funds
-
Restricted
funds
-
Restricted
funds
-
Total
Total
2025
2024
£
£
-
3,000
-
3,000
- -

Rathbone – Grant received to purchase equipment for the clinic

4. Analysis of expenditure

Charitable activities

Expenditure on:
Equipment Purchases
Clinic Support
Grant Monies
Other support costs
Total expenditure
by activity
Total 2025
£
-
-
-
51
Total 2024
£
1,587
1,900
-
258
51 3,745

16

The MOMENTS Project

Notes to the Accounts for the year ended 15 April 2025

5. Comparatives for the Statement of Financial Activities

Income from:
Donations
Charitable activities
Interest income
Total Incoming Resources
Expenditure on:
Charitable activities
Administration Costs
Total expenditure
Net income /(expenditure)
before transfers
Transfers between funds
Net movement in funds for
the year
Reconciliation of funds
Total funds brought
forward 16 April 2022
Balances carried
forward 15 April 2023
Note
1
2
3
4
4
6
12
12
12
Unrestricted
funds
£
-
-
-
Unrestricted
funds
£
-
-
-
Restricted
funds
£
-
-
-
Restricted
funds
£
-
-
-
Designated
funds
£
-
-
-
Designated
funds
£
-
-
-
Total
funds
2024
£
-
-
-
- - - -
-
265
-
-
-
-
-
265
265 - - 265
(265)
-
-
-
-
-
(265)
-
(265) - - (265)
4,906 - - 4,906
4,641 - - 4,641

6. Creditors: Amounts falling due within one year

Trade creditors
Deferred income1
2025
£
-
-
-
2024
£
-
-
-

17

The MOMENTS Project

Notes to the Accounts for the year ended 15 April 2025

7. Financial commitments

Capital Commitments

At the balance sheet date there were no capital commitments.

8. Related party transactions

There were no related party transactions during the year.

9. Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

18