WATERBERR Y COMMUNITY PROJECTS LTD IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Company No.. 11511580 (England and Wales) Charlty No: 1186151
WATERBERRY COMMUNITY PROJECTS LTD CONTENTS Page Legal and Administrative Infomiation Truste8s' and Directors, Reporl Independent Examiners Report Statement of Financial Aclivltles (Including Income and Expenditure Account) Balan Sheet 10 Notes to the Financial Statements
WATERBERRY COMMUNifY PROJECTS LTD LEGAL AND ADMINISTRATIVE INFORMATION Constitution Walgrbery Community Prqect$ Ltd 18 a company limited by gu•r4ntee registered in England & Wal&s and registered charty governed by ils Memorandum and ArtleS of AssorAation. The charty nur)er B 1186151. Tho company numbeF is Q5211299. DlrectOf8 and Tru8tO0S The board of the charitable company Ilhg charitll 1$ its Twstees for the purpJs8s ol charity law and throughout Ihrs repcrt are ¢olledNety referred to os the Trustees. The TNstees are elected by the members of the Charita) conwony attending the Annual Gener81 meetlng and they 811 serve thTee*ear ter thal be renehed. The direthrsltntstee$ seNing during the y•arand SIn the year end are as frAIows'. Dlre¢torn l Trustees Mfs T Prior Thcthpscfi (Chairl Mr R Thornpson Ms P M Nugent M$MAIPayne R8gister•d Office Reporting Accountants Chan(kns Lodge Lambseth Street Eye Suffdk IP23 7AQ Tayklr Viney & Marlryw Limited Chartered Acccljntsnts 46-54 High Stre Ingate6tone Essex GM4 9DW
WATER8ERRY COMMUNITY PROJECTS LTD TRUSTEES, REPORT The Tru3tees Pfesent their rg>ort and the audited financi818lalements of the tharity for the year gnd8d 3111 August 2024. The trustees have adopted the kyovisions of the Ststem•nt of Recommended Practice (SORP)"Accounllng Reming by Charitigs- IFRS 1021 in preparing th8 annual report and finwcial staternents ofthe eharity. The financial slalements have been preparèd in accordar? witti the a¢xounling poliCS set OLA in notes to the accounts and comply with the chartty's govemiThJ document, Ihp Chaities Act 2011 and Accounting and Reporbng by Charities.. Statement of Recommended Practi¢¢ applicable to charities piepwing Ihgir actounls in xcordanGg wlh thg Financral Reporting Staftdafd applic8bl8 in the UK end RepublK of Iretand published in OCtor 2019. Obje¢t of the Ch4rity The Charity's obje¢t and its principal activty is= . Educètional 8UPPOrt Selee$ Worklng N•m• watertry Communty Projects Organlsatlonal Structure The Charity is UK ba8ed with ils office in Eye. Suffolk. The Chsrity's governing body is the Boanl of Trustees, which comwso5 at loast ts¥o and rnt morg than tsn indiv81$, all of whom must be nHnbers. The Trustees meetldl3cuss t¢ manage its affai, to oversee the work of th8 Charty, lo consh1er futurè prci8cts and ate Invo in stratepic d8GpJiorts for the organisation. In¥ostm•nt Powers Under the Mernorandum and ArticKgs CA A$sl•tiOn. the Cttanty has ptrwers, whKh may be •xercis8d oniy in promoting Ihe Objecls ofthe Charty. Public benefrt The Charities Ad 2011 requires all charities lo metsl the legal requirement that lis airr are for Ihe public Èenefrt. Th Charitie5 Cornmissi) in rts ChaTities and Public Benefrt gsjidance slates thal thwe 8re hvo key principles lo be met in order to 8h¢M that an organisation's aims are lor the public benefrt.. firstty. there musl be an Klenlrfiable benefrt or benefits and secondly. that the benefit musl be ID the public or a Sect of the public. The Trustee5 consider that they have compliéd wrth section 17 of the Charknes Aet 2011 and the gUance issued by the Charity cornmls8iorts in respect of publ Benefit. Rlsk Management The Trustees have carried out a detailed review of the Charivs xtNTrtt8s hlghllghting the risks the Charty is exposed to and th8 steps taken to mitiqale those risks. As part of thi8 prttess the TruStS have rwthyed the finala1 Pfocedures in order to ensure that Ihoy stil meet Ihg needs of the Charity. Objectives and Actlvltkng Thg obiective of Waterberry Community Pfoi•cls Ltd (WCPLI 18 to advance eduealion within the econom21 and educationalty deprived rural commLmities of Sekute and MaThJia Ward$, Kazungula District. &thern Province, Zambia (where there is less th* 5% employment. subsistence living 1$ the norm, and schcoL8 are Ic#) far or too orfrurt for children lo reach. or are educalionaNy substand8rdl. VICPL provides funding tc Tukongole Ctsmmunily Projects Ud ITCPLI Sn order for that company to carry out tha chartsbkn wort( on behalf ol WCPL.
WATERBERRY COIAMUNITY PROJECTS LTD ObJoctl¥os and ActlvftieB IconL) Thè actThiitigs support&J to achieve this objective include.. Building and operating cornmunty schools (pre ond primary) forchitrjren ages 3 to 14. Prov[ng teachers and uCatnal materials lo tIKe h(ls, Operating a library f¢r the benefft of ihe enlir¢ eommunity no matter what age, Running adult educational and skills prOgrme& for the benefit of the ert¥e community no matter whst age. Fundin9 teaCrtrainIng courses for the irnprovemènt of k¢al te8chors, Raising don8lKin$ to fund the secondary edu¢81ion of academicalty ab pupils ages 15 to 19, Running an edu¢at¢onal progrnmme lo help girls avoid rnts89 education during their menstrval cyd•. Running a communty farn both for te8ching purposes and to provide Ioclfj forthe school kii¢han, Funding and Supporting football team8 forthe local community to prcffnole Gporting actiwties Working with Tukongote Community Projects to manage all these 8Ctiwlies on site in Zambia. Vision and Mlsslon Our initial visicffi was simply 19 ensure that chih1n in (r cat¢hrnent communty aesS to a edUcat)n. lo ensure that they wwtd not mtS5 Out on the iwea8ed cw0rtunit1 available through IleraGy, numorOGy, and cornpuler Skills. Th mi$$ion has expanded lo eend beyond ba$lc education to developin9 Opportunities for pupiL8 that wlll Inwtsbly be based on ability. Al the time of writing (May 2025) the Grade 7 clas$ reported on last ye h8s succe$$Mty sat th final exams at Tlknngole. Of the 25 pupils sitting the exam 22 passed We have worked with the chldren's families to assoss their potential to h•eve grades frcm 9 - 12 al high 5chod$ in '¥IngStOne and elsewhere. We have Introduced a bursary schèm8 to assist P8fents cover the cost of fees and educational mateiials. In Sor cases children identified a5 having 5iJnsficanl academK kla1 (possbly to unNersty level) by thè Dislfict Edu&2tian Boaré IDEBSI have been offered high school places at more remote schcds. In these cases we have worked with the parents to also 5UPPOrt travel lo 8nd from the selected 8¢hool$. Th• Ihrtr childm who did not pass Grade 7 8 now re5itting the year. wth additional opportunf(ies in the 8kilL8 Cgrth so that they will have pr•¢treal tè#ming shoub the academc effort prove too challenging forthom. Wg encTay girls to 8ttend Sch1, not to drcy oul in the earty $tage$, and to understand obvn prtential should Ih8y remain within the education system. Dev•lopments, Actlv6tlo$ and A¢hlgv8monts thb Y•ar Tukongole progress and development Is linked tt) Walerbery Lodge, the main sponwr, and the source of visilorslpotenlial donorn. By Augusl 2024 guest numbets at Waterbery were at pre-pgndemic 18vals with fard bookings ft>r 2025 ensuring Inuea$iry growth. A shift in attitude towards 'respws(ble I0$m, in the sense that travel does more than harm, and is wtal to developing communities hos continued to draw guest attention lo the work at Tukongote. H94rtre thanks fc¢ yrt another y•ar lo our generoug indMdu•l donors, who r818e ftJnd$ through rInIhty donations. indiwdual suns. and fundraising initiatives. Thank5 tts) to the Texel Foundati. Trustee Rob Thompson, and the estste of Sarah Prior. Our positive financial posrtK)n mèant we were ab to proceed w4th development prcieGts al Tukongole, Coentrating on he4lh and weware of the h0O1 children and communty members many ofwhose income has nbl yet re•¢hed W&CO¥KI levels while 8180 f8ciryJ rlslng $t of1Sving. SGhotsls Tukth) o For th• year ending 311t August 2024 ran three preschcol classes Seven primary 8cho)I ¢lasse$1250 pupils).
ATERBERRY COMMUNITY PROJECTS LTD Bi Tree and U emo Promded furKliro for salaries, teaching material8 and foc41 to the oullylng preschwls. The more than 100 chiK1ren fmm tha pr8s¢heol$ will eventually attend their h)cal primary schools al Mandia and Si8ndunda Reported performance and an8lysis of grades to the Department of EdUcat7n IDEBSI for the¥ recornmeftdations. A$ we are a sch¢)ol perfomiiro above slondard recorrmendatlons for Changg were made. Followed DEBS guijdines in idgntfying 8nd assisting chiktren with special needs. 3 ¢hildren with special need$ were land are) monitored by DE8S. AH have been fully inlegrated into the schcA system. Maintained 42 teaching and adnwn staff on full cortlr8cl8, including PAYE (where relevant), heamh insurance, 4PSA, le¥ve pay and graluty. e long-term, Fnleres14ree loans avaiLqble lo all staff to p•y for solar $yslems which we installe(l into their homes (to help avoid the problems of frequentlgad sheddiro in and around LiviNJslone). Increased teacher salaries by 1 S% in 2025 in oddition to the 10% added in 2024 Paid registration rnernbstship feas for tChers. profession81 trdI#s, e.g.. Teachiw Councal of Zambia. Continued lo suppkmenl 5toff with a monthly meal allowance. 13 Ac•Jemicalty brighter children from the communty attended Kazungula Secondary Schocl to study up to Grade 12. These chIldn are sponsored through the 9ener05ity of guests. Continued training the Tukongote Cuttural GTOUP lo •nsure the children grow up f8mi14ar with soThJ$, dances. and instruments Ilhi$ has now tecome part of the school curriculum). The Cumural Gmup plays 8t national celebrattjn events like 1nternats.onal Wom8n's Day. Funds ar• raised for ¢05tume$ and instrumon15 by playing small ColrtS for guest celebrations al INalerbery. Funded saety mats and ffjui?mgnt for the expanding gymnasltc a¢lNits. Funded and built a Home Econom ated area. plus an Arts and Crafts building. 80th ntre5 ar• now in use for home econom$ stud6 for children in thè prirnary school anY additionally offer skills devgloprrnnt to young people in the wpaer community vtho have not th8 ucatlDa1 opportunitse$ that a available now. Thè rtsjective of offering this leaming to the WKl8r community Is to skill young people towards a better chance of being empty8d $hould they seek inlwiewg at train80 enty level in hDspilality and kjcal industry Ilor oxanple, a young r$On able lo loy tablè and und•r8tand bast¢ cLokery is more Th'kely lo te employed in the growing hospbtality industry than one with not even a bas skill). So far, cookery courses, carpentry and bitycle and other repaK courses are bging run. We prwithd doily meals for 320 children and 16 cDmmunty $laff members in the sch¢)ol canteens {originaMy mAinlenance staff wer8 covered too, bul Ihty have preferred to receive a food allowance). Organis8d continued skff wellnes$ ¢he¢ks Ihrouoh PPAZ (Planned Parènthoc¥J Assoctation of Zamblal And paid extra treatment where n•¢essary. conts.nued the free shuttle servre for staff ne8ding Med41 attention. Siwdunda Communlty School Siandunda Communty School was built by Comlo Rolief aft8r thelr 2013 'Edu¢ation on th9 Zambezl, fvndrni%er. Siandunda is not a thriving schcd. Our p11)n 1$ to continue to put on record that Comic Relief was unwge lo fund a school building w((houl c¢nffirming local means to Pey for equipment 8nd staff, and wilhoul securing guaranteed [rect use of the extensive funds they providod fcr the 8chool constructi¢ IsoTh of ¥thic* becarne 'unavailable' and whh had to be replaced by Walerberry Communty Prc¥ects, with fvnds we could ill afford. to avoKI creating an unequal situation in th& al c(¥nrnunity. and for whi¢h Comic Relief did not refvnd us). Govemment supplies arKJ pay5 the head teacher and his leach?r wifo onty. Other teachers need lo be of school fee8, which parents in Ihis extrernety poor community cannot afford. By 4 years to 31st August 2024, wo hod given 527,500 plus fof Siandunda teacher $al8fies. teaching materials and rnealie allowance. building 8nd infrastructure repairs and alterations. Cantinued lo offer all Siannd8 tèachers usa of the Tukongote intemel. eiectrtcity for chargin9. printing lor teathiThJ materiats and exanNnation papers. use of the library. Siandunda teachers were automatically induded in our slgff training and welln•ss days. All Siandunda pupils had a88 lo our Study Centre to help them catch up with thé curriculum
WATERBERRY COMMUNITY PROJECTS LTD Agrfcultural Proj¢¢t Extended the agricuftural Projed to Ilude pig pens and an outdts)r wall0 area (currently Clos (lisease prevention). lo continue ie550ns in animal hu$bar)dry and to provth much needed nutrition lespeci¥ly protein} in th8 childien's dally diet. In addition lo the teaching pl¢tS allocated to da38, 55 cOnUnty Partkipants grew additional fotsj for Iheirfamilies and for sal• to raise income. Total allotments increased lo 50. Some produce was sold to Waterbery where it helped 9 awar¢ne8s of tho school cornmunity projects. Supplpd f•rIng. irrigation rnerials and Icoh to staff and fomer staff memters to encourage their becorning self-suslainabl8. Dug and stocked J 1I3h pd to breed fish forthe school canleen 08 an addftional prcthn source for the young children's diet. Similarly. buijt and populatgd a Chicken facility lo prowde eggs for canteen. Bolh ofihege plus the piggery enhance ourability to teach humane and 8lent animal husbandry. Communlty Adult teaching facilities {blera> are again available on dernand, Once Slartink is slUllY added lo at the Schc cornpound will bè launching the 'int•m8t calé. concept in the IY vthith Is currently much UBed by p11$ but undwusod by tho generas communty- This will provide 8dull MPUter CesS and training. We ran football teams in the community (football strip 8nd foob•Rar, tranSpt to fo)Iball matches, sports equipment, ctsaching expenses) - The Tamanga Boys men's team and Girl Power )men'S team. Both teams play in the hxal leagues - we also ran tsvo workshop long weekend cours8s to train the girls, team, this h8s been extr $u¢¢essful in th• crynmunity. Volunteers A volunteer progfamme has just started al the time of writing. Two volunteefs are al Tuk(gOte for a three month period. which we believe will widen the pwspeCtrv and $klls of the te8chirvJ staff ond introduce novel sports other interest5 to the chiklr8n. Extemal Commurtlcatlons Awarenes$ buikding via guests who visit Waterberry and take the to visit the communty projeGls, p$ promotTon frorn a number of lour operators who rocogni3e r•spJnsible tourism and 'givin9 back, to be a fundamental of travel. Guests sn up lo e1Ve the qUr new51etter by email. VICPL funded the design and18un¢h of a website (www.lukongole.coml, and is present on Facebook and Instagram {the latter as Tukongole Cornmunty Prq'ects whKh is the org8nisalion n•m? chosen by the villagel. Partnerships INCPL is in partnership wilh Tukongote Communty Projects Limited, a company wilh charitable status registered in Zambia in order to operate the proied bcally and to MplY with both Zombian legislatn and th8 Zambk Department of Education. TLtrkongote Communty PfQjgCts Limited Is a non-profit NGO with tox*xemplion sta$ in Zambk•. Safvguardlng Safeguarding i% a priority for WCPL. Volunteers to the prcioct must present a DBS check frryn Ihfr UK authorrties. Tukongote Communty ProJ8Cts Limited has a Child Protection PoIY that all stsff must regj and sign {copy gVoilat4è from WCPLI,
WATERBERRY COMMUNITY PROJECTS LTD Fundr41$lng The majorty of fundraising ¢6 generated on sitg at Walerbèry Lojga in Zwnbka where guests frequently sign up to receive the regular newsletteT and donate either as a one-off payrnent. or through reguLqr monlhly or occasional donatN)ns. Some Df Ihese donatw)ns are for general admini5tratfve struclure of the sthool projecl, others are SpfiCa1fy dedi¢ed lo, for instance, fees and subsister for pupils attending Kazungul? Secondary School, the menstrual pads project, or one4)ff projects such as the instalknn of inlemet. el&tricity, borehole eXCaval>nfthe provision ofwater. $upples tr the ttthmunity faming prcl. We remain so thankful to donors who continue 10 5UPPOrt us through 011 these Lmcertain Iwnes ond who could never have imagined that the problems thBt started in eoty 2020 would hwe continued lo the present economic drfficuJts for Zarnbia At the time of writing Imay 20251 Zambia has just recovered fr¢m Ihe worst drought for 30 years. and anb"¢ipala still atding food security throughout the coming ye8r. We are fully aware of signrficonl financial and soBrdl pressures intemalronalty, and appreciaie that our lksnors have many other Pressures but have also UnderSt¢)d that wilfrKwJl fuTrJirq our wnportanl pr(iects cannot continu8. ResNe$ Polity In line wth the recommendations of the Chafty Commission, the Tru51ees have fomally adopted a reserves policy. This recognises that while the income of the Company arises eventy neither yèar on year. nor Ihroughoul the yèar, the Adrninistrative Expenses of th8 Cornpany are very mode$l. The Trustees therefo ensure Ihat at any given lime Ihe 1$ sulfiont surplus to cover the expected Administrative Expenses for a period ol al least three months.. any ai%Jition81 sUru¥ is used to further the Company'$ d)aritable objectives as de$Lbed above. Bas&g on the 2(Y24 accounts, annual in¢LYne lotall•d £243,559 {2023.' £172.847) and annual eypenditure totalled £141,19412023.' £170,019) with over811 surplus rtseryes èt 31 August 2024 of £103,309 {2023: £9441. Rlsk Management The major Tisks to %thich the Company is exposed, as Klentrfied by the Trustee5, are and will continue to bé regularfy fewewed, and systems have been and will be eslablishgd, and whorg apppriate, professio1 ¥dvwrs have baen or ill be appointed to MItate those risks. rru8tws' R¥$pon$lbillIl h Relallon to the Flnanclal Statwnents The Iruslees (who are also directors of Waterberry Communty prciect8 Ltd for the cf company law) ar• resprmsible for preparing the Trustees, Annual Report and the fin8naal ststsments in accordance Mlh 8pplicable 18W and Unit8d Kingdom Acc¢)unting Stand8r¢l8 {United King(knm Generally Acwed A0VAting Practte). Cornpany law requires the trustees lo wepare finaTal slatemenls for oach finan¢i81 year, which give a truè and fair iew of tho slafe of affaits cl the charitablo company and of the ineryning resources and appli¢atiDn ol resources, including the income and expenditure, of the charitable company for that period. In preparing these financial stÈtements, the truees we reqvSr8d to.. sde¢t suitable accounting policw and then apF4y them con5iBtenl. observe th• methods and principles in the Choribes SORP 2019 1 IFRS 1021 make iudgements and estimates thèt are reasonable prudent- stalo whether applicable UK A)untIng Standards have been foll, subject to •ny malerial departures disclosed and explained in th& financlal statÈmenl$.' Prepa the fmancial statemènts on Iha going ¢oncern basi$ unless rt is inappropriate to presume that the cherrtable c(xnpany wll continue in operétlon. The tnjstees are ftsponsble for keeping adequate acctyjnting records that disclose wtth Teason8ble KracY al any tim8 the financial po$f(ion of the charitablé eompany and ¢nable them to ensu tho1 the financial Statements comply vmh the Ccrnpanies Act 2CIJ6. They are also respon$iblg for 8afeguarding the assets ol the chafitable ccffnpany arwj hence for taking Teasonable steps lor the prevent(on and dele¢11¢ of fraud and other iriegu18rifres.
WATERBERRY COMMUNITY PROJECTS LTD So far as the trustees are aware.. there is no Tr1gv8nt audit Information ofwhich Ih6 tharit*o company's alItOr 1$ Laare. and the trustees have taken all Steps thel they ought lo have taken to make themsefv8s aware of any levant alit inlomation and to establish that the auditor is wore of that infomation Approv•1 This Re1 was approvad by the Tru$teesltlrectors on 214t May 2ff25 and sigwl on its behaw by: Mrs T Prior Thomp¥on Chalr ol Trustees
WATERBERRY COMMUNITh PROJECTS LTD INDEPENDENT EXAMIMERS REPORT ON THE UNAUDITED ACCOUNTS TO THE TRUSTEES OF WATER8ERRY COMMUNITY PROJECTS LTD I reFQrt to the Gharity truslees on my examinat•)n of the accounts ofthe company for the year ended 31 AugU8t 2024 which are set oui gn pages 10 to 14. Responsibilltles and Bas55 of Roport As the charty trustees of ts cornpany land also its dir fw thg purFoses Df company lawl ycw are responsible for the Ffepardtion of Ihe accOts in accoT(18nce with the rw4Uirents oftrg Companies Act 20061.lhe 2006 Adl. Having satisfied myself that the accounts of the compony are not required to be auditeil under Part 16 of the 2(K6 Act and are eligible for independent exgmination. I report in respect of my examination of y¢)ur company'$ accounts 8S carried out under 8eelion 145 of the Charfties Act 2011 {'Ihe 2011 Acl'l. In carying out rny examinatK)n I have fcllowed the Dirtttiorn givon by the Charity CommissM)n under s•cth?n 145(51{bl of th• 2011 Act. Independent Examinef8 Statemènt I have completed nTy examination. I confirm that no matters cryne to my altentbn in Con1n wf(h th8 examknation givlng cause to believe that in arby material respect.. 8c¢ountirvJ record$ were not kept in respect ol the rnPany as reqLtirJ by section 386 ofthe 20C6 Act,. or 2. th8 accounts do not 8eMrd with thos8 r8cords.' or 3. the accounts do not comply with the accounting requirements of srttion 396 of the 2006 A¢1 oth¢r than any requirement that the accounts gNe a Irue and fair vlw which is not a matter consKlered as part of an ndependent exaMinatn., or 4. the accLJun16 have nol been prepad in occordanc8 with the methods and prin(#ples of the Statement of Rwc¥nmendèd Practice for accounting and reporting by charrties lapplicable to charitS pryaring their aecKJunls in attordance wth the Financial Report4ng Slandard opplicablg in the UK and Rep4kn1ic ol Iknd {FRS 1 2)3. I have no cencerns and have com? across no oth•1 mattors in ¢onneclion Wbth the exarrMn¥tk)n lo which ientM?n should be drawn in this report in orderto enèble o proper understandin9 olthe accounts to be reached. Si9ned.' Ndl A. Charnbers IMtilut¢ ol Chartered Accountants in England •nd Wal Taylor. Viney & Marlow Limitod Charter•d Accotsntants 46.54 High Str••t IngateBton• Essex CM4 90W Date.. 21•1 May 2025
WATERBERRY COMMUNI PROJECTS LTD STATEMENT OF FINANCIAL ACTIVITIES IINCLUL¥NG IMCOME AND EXPENt#TURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2024 2024 2024 Not D851onated lthr•strkted 2024 2023 2023 T•)lal D8sign•ted Unrnstrlcted 2023 Total Incoming resovrc•s l)onations 242.982 242,982 172.847 172,847 Internst 577 577 Totsl Incc4ning resourc68 243,559 243,559 172.847 172.847 RQUr¢05 •xp•nded Charitable •xp•nditure Donalions to Zambk 138,050 138.050 167.104 167,104 Accountancy 2.580 2,580 2.100 2.100 Bank Charges 534 815 815 Insurance 30 30 Total resources •xpendgd 141,194 141.194 170,019 170,019 Fund$ brtsughl fojward (1,884> (1.884) Net movement in fvnds 102,365 102.365 2.828 2.828 Transfer teen furwJ8 Total funds carrl•d for4vard 103,309 103.309 The Statement of finan91 tIVitIeS includes all gains and lo$ses recogni5ed in the year. All irKDming re50urce5 and resour¢e$ experMlp4J derive from eonlinuing aeiNitiÈs.
WATERBERRY COMMUNITY PROJECTS LTD BALANCE SHEET AS AT 31 AUGUST 2024 2024 2023 Noleg Curffjnt Assets Cash and bank 1Q3.309 103,309 944 Credito Amounts faHing due wrthin on8 year Netcurrent assets 103.309 Net 103.309 944 Charity Funds Unrestrided funds De5BJnated funds 103.309 M•mb•rn funds 103,309 944 In preparing these financial st8lements". a} The Trustees are of the opinion that the coryany is entitled lo the exemptKJn from audit under Se¢titin 477 of the Companiès Act 2006., bl The membets have not qUIred the company to obtain an audii of its accounts for Ihe year to 31 Au8USt 2024 in accordance Mih Section 476 of the Corroanies Ad 2006., cl The directors 8¢knowledge their responsibilrttes for complying W*h the requirements of the Act wth respect lo awunting recoTd8 and the preparation of xwit)ts. Thesa financial statements have beèn preparèd in accordance wAh the provisions applicable to companies subj•¢t to the small companies, regime. Those financial stalemenls were approved by the Trustè•slDir8ctorn 21rt May 2Lf25. Mrs T Prior Thompson Direttor Company R•gislrdtTh No. 11511580 10
WATERBERRY COMMUNITY PROJECTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ACcoung Policles 1.1 General inlomiatioTr and basis of preparation Walerberry CommuiNly Projects Ltd is a ¢harrt8ble company incorporated in and W818s. In the event of the charity being wound up, the liability in respect of the 9uaranlee is limited to £1 per member of the charity. The addres$ of the registered office is given in the charity information on ge 1 of these financial slalements. The nature of the chartty's operaa'ons and Pfincipal activih'es 8rg set out in the Tiustees. Report on page 2. The charity constluleg 8 public benefrt entity as deltned by FRS 102. The financral gtslement$ havo bae pPared in accordance with Accounting and Repon9 by Ch8rikne& Statement of Recommertd Pracli appIrab lo charities preparirKJ their accounts in accordance with the Financial Reporting Standard appltcable I the UK and Republic of Irend Issued in Octotser 2019 . Ftnanciai Reporting Standard applicable in the United Kingdom atvl Repubtic of Iraland IFRS 1021, the Charilw Act 2011, the Companies Act 2006 and UK Generalty PIed Practi 95 it applie$ from 1 January 2019. The chority does not include a Gash fl¢M statement on tho grounds Ihgt it is wjplying FRS 102 Sectioft 1A. Thè financial statèments have been prepared to ve a Irue and fairf vw and have departed from Ihe ChariJes {A¢counts and Reports) Règulations 2008 only to tha extwrt required to provide a Irue and fair vigw.. This departure has invotved follDwng thè Accounting and Reporting by Charrties.. Statement of ReCOmnded Pfactr applicable lo ¢harilie3 preparing their ac¢oLEnts in 8xordance wrth thè FlnancKg1 Reporbng Stsndard applicable in the UK and Republic of IrBland i55ued in Octobor 2019 rather than the Accounting and Reporting by Chanties: Statement of Recommended Pvactice effective from 1 April 2CK15 which has since l)88n withdrawn. The financk71 statements are prepared in slerfing. is the functtonal cuThency ol the charity. Monetsry amounts in these financ1 ststements are rounded to the neaTe31 £. The Snth¢ant a¢cL)unting po[leS applied in Ihe preparation of 11)ese finartcial statements are set out below. These policies have been con¥istendy •ppliad lo all years presented unless otherwise slated. 1.2 In¢om• a) Inwme 1$ reco9nFsed in the year to which it r•lates. Income 1$ deferred onty when Il Trust has to fuffil condrtions before be¢oming entiued lo Il or when the dtsmr has specified that the income Ss lo be expended in a future period bl Volurhtary irwn* 1$ owve¢J by way of donations and ghls and 18 induded in the Ststement of Financial Activities when receivable. The inceAne fr¢m fundraising venture5 is shown gloss, with 8s$0ciated costs irclud&J in fundraising costs. 1.3 Fundraislng costs Fundraising expeThJiture coryrises costs iru1red in the staBing cl general fundraising events. 1.4 Costs of managing and administering the Charity AdministratK)n expendiiure include3 all expendilurn not dir relaled lo the charitable adivity of fundraisibWJ ventures. 11
WATERBERRY COMMUNITY PROJECTS LTD NOTES TO THE FIMANCIAL STATEMENTS FOR THE YEAR ENOED 31 AUGUST 2024 1.5 Funds accounting Funds held by the Trust are.. Unrestricted 9eneral fvnd$- Ihe¥e are fvnds that ¢8n bg used in ardance with the tharitable oty'eGts at the diretI)n oflhe Trustees. DeswJngd funds - the TNstees may at Iheir dtsCr8n. sfjl aside restted funds for w¢fic puipoyes. Refer lo note 6. surp1 lor Ihe y••r 2024 2023 Surplus the year 1$ stoled after chwging.. 102.365 2,828 Depreciabon oftangible assets Donat10. legaci•s. and Slmilar incornlng r611¢¢8 DonalR)ns from indivldu8ls tnjsts 242,9 1T2,847 Charitable oxpendiiure Donions to Z¥mbia 138.050 167.104 Accountancy 2,580 2.100 BBnk Chargos 534 81$ Insurance costs 141.194 170.019 Crvditors: oUnts falling due withln on• year AcerL15 12
WATER8ERRY COMMUNITY PROJECTS LTD Funds Unrejtricted Funds Designated Funds Total Funds Brouym fOard * 1 September 2023 Surplus for the year 102,365 102.365 Twsfer betrRen fvnds Total funds at 31 AU$l 2024 103,309 103,309 Liabllity of Memb•rs The Iiabililtes of memb•rs are limiled. The Company is Ilmitj by guarantee wthoul any share caprtal. Every member will pay. rf Cornpany is dissolved Whi ha or she remairts a Meer or within 12 mwths afterwards. up to tho $urn of £10 towards the c051s of dissolutn and liabilrties incurr8d by the Company while he or She was a member. Employees Th& average numb•r of employees during the y•ar was ab folk.. - 2024 2023 Administrats'on No trustees Ie¢d any r8mun•ra1ic in Ihe year. 13