Charity registration number.. 1188260 Foundation For Education To Improve Family Planning Annual Report and Financial Statements For the Year Ended 31 December 2025
Foundation For Education To Improve Family Planning Year Ended 310ecember 2025 Contents Pa98 Charity Reference and Adtninistrative Details Trustees, Annu81 Report Independent Audito¢5 Report Slalement of Financial Activities 3-18 19-22 23 Balance Sheet 24 Statement of Cash Flows 25 Notes to thè Financial Slalemenls 2&38
Foundation For Education To Improve Family Planning Charity Reference and Administrative Details Year Ended 31 December 2025 Charity regi5tratlon number 1188260 Trustees Di Desire Collen Dr Kevin Burnard Dr Daghni Rajasingarn Mr Andrew Edge Ms Christine Elise Juliette Collen Chief executive officer Mr Ghris Buyse Registered office 49 Hardy Road London SW19 1JA Auditor Redford & Co Limited Gh3rtered Accountants Synergy House 4th Floor 114-118 Southampton Row London WC1B SAA Bankers Triodos Bank Deanery Road Bristol BS15AS ABN AMRO Bank NV Bor5beekseburg 30 2600 Anlwerpen-Beichetn Belgium
Foundation For Education To Improve Family Planning Trustees. Annual Report Year Ended 31 December 2025 The Trustees present their report and the audited financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of the Statement of Recommended Practice ISORPI 'Accounting and Reporting by Charities in preparing the annual report and financial statements of the charity. Trustees of the charity The trustees who have served during the year and Sin Ihe year end were as follows.. Dr Desire Collen Dr Kevin 8uinard Dr Daghni Rajasingham Mr Andrew Edge Ms Christine Elise Julielle Colleri Structure, governance and management We have the pleasure lo report on the activities ol our sixth working year ol FEFP. During the year 2025 the Foundation continued and extended its support lor ils seven existing projects in Cosla Rica. Guatemala, Colombia, Sierra Leone. Madagasear and Tanzania. In addition. six exciting new projects received support from FEFP. The Hubi & Vinciane Foundation" in Benin. "Rainbows4children' in Ethiopia, 'Chase Africa" in Kenya, "Homaarf, in Belgium, 'Friends of Ibba Girls, School" in South Sudan and"Tackle' in Zambia. On 25 February 2020 the Govewance doeLJment Icharily Commission CIO modell that was approved by the Trustees. was submitted with the regisliation application to the Charity Commission of England and Wales. The Charity Gommission ol England and Wales iegislered FEFP on 28 February 2020 with Registration Number 1188260. On 26 October 2020 HMRC recognised FEFP as a Charitable Incoiporated Organisalion IGIOI for tax purposes in line with Paiagraph 1 of Schedule 6 Finance Act 2010. A dedicated website was then developed for FEFP Iwww.felp.co.ukl. FEFP was initiated by Em. Prof. Désiré Gollen and is govemed by a board of Trustees. Al regular ttustees, tlleelings, the trustees agree the board strategy and aieas of activity for FEFP. All trustees give their lirne freely and no trustee remuneration w85 paid in the year. Objectives and activities FEFP is a CIO with a rnission to support education of pre-adolescent youngsters in the field of family planning and health, with reference to Ihe Societal and environmental consequences of population growth and poverty. Piesently, FEFP supports eduoalional projects in Cosla Rica, Colombia, Guatemala, Tanzania, Sierra Leone Madagascar. Benin, Kenya. Ethiopia. South Sudan, Belgium and Zambia. Since the start ol its activities in 2020. FEFP has commilled an amount in exce53 of E6m in the form of financial grants. 2025 was a year of growth. consolidation and expansion. FEFP strengthened long term partnerships, launched new initiatives in six COLJnlries. and continued to invest in education. health, family planning and the empowement of young people- especially girls and young women. FEFP provides support to the following projects..
Foundation For Education To Improve Family Planning Trustees. Annual Report Year Ended 31 December 2025 Fundacion Tejedores de Suenos (Costa Rica) Fundacion Tejedores de Suenos IFTSI. Iwww.ftejedoresdesuen05.orgl is a Costa Rican foundation constituted in 2010 with the aim to 'promole education and well-being ol Cosla RiGan teenagers, through a programme of scholarships for secondary school for promising youngsters of low-income families.. th the suppori of Foundation for Education to improve Family Planning IFEFPI, initially via Life Scien5 Research Partners ILSRPI and under the guid3noe ol Dr Urbain Boulelegiei as the Coordinator of Ihe"Healthy Youth Prograrnrne" an extended strategy was developed, essentia51y along the following lines.. Scholarships programwne Of the 150 students al the start ol the year. 11 gracluated. Unfortunately, 25 others left the programrne wilhoul gradualiY)g. Most of these jLJsI left or did not cotnply with the Community work. ADAL progrdrnma The ADAL prograrnme aims at helping students of the last two school years lo mak8 informed decisions lor Iheir fuluie. A workshop was organized on how to redact a CV and piepare for work interview. StLidents were Ihen irivited lo send a CV and received feedback on it. They also were invited lor an online Iiial work interview. Both the workshop and Iri315 were conducted by human resources professionals ol the company Cecropi. For 2026 we also expect a mole personalised follow-up foi students who indicated specific plans in Iheii annual essay. For example. one girl, who wants to study architectuie in South Korea, will be pul in contact with a lady who aSready studied in South Korea. This should allow all stLJdents lo obtain valuable information a5 for the feasibility of their plans. Congress 2025 The theme of this year's congress was "Safe School5°. The theme was selected in view of the worrying increase of Violen in Costa Rica (murder rate went up 50¢A, with riow almost 900 homicide5 per year, compared lo around 600 before) whereby various deaths were collateral victiTns and underage persons. There have also been several incidents near and in schools Apart from physical safety. the conoress also reflected on how lo provide a psychologically safe environment. For several years already, Cosla Rica is the country with worst school bullying rates in the world. increasing the likelihood of teenagers leaving school, especially in vulneiable neighbourhoods, and joining drug gangs. Juntas al Bachi This piogramme has been built around following axis". Expansion lo all years ol secondary school. as many mothers cannot start Bachillerato level since they need to pass 7th to 9th year first. Progress tests in all subjecls. Those lesls musl allow the mothers to have sn idea about their level of knowledge of the matter but would also allow lo see whelhei and how much progress is rnade, so we can adjust where fieeded. Main action points for 2026 are.. Continue personalisation ol work with our scholars. Closer collaboration with new ally SOS Aldeas la shelter foi youth separated from their parenlsl. Debates cycle with teenager5 on lopies ol their inleiesl. collaboration with Consejo de la Persona Joven. Projecl"Aqui Estoy 11 am heiel for support lo teenagers in difficult sltuations, in collaboralion with Teen Clinics. FEFP paid grants of £181,340 in the year and had cotntnilted a further £93.296 al 31 December 2025.
Foundation For Education To Improve Family Planning Trustees, Annual Report Year Ended 31 December 2025 Cocoa for Schools (Tanzania) The project5 in Tanzania are a collaboration between the Foundation for Education to improve Farnily Planning IFEFPI and Cocoa lor Schools ICfSI. CIS Iwww.cocoaforschools.bel is a nol-foi-profil IVZW) non-govemmental organisation INGOI regisleied in Belgium and Tanzania IOONGOIR111251, started up by Mr Fons Maex. founder and ex-CEO ol Kim's Ghocolales NV, and governed by a board ol Directors. 11 is a so¢isl responsibility projecl focusing oll community developrnent and improveTnent olthe inlrastruclure of primary and secondary schools in the cocoa growing villages in the Southern Highlands ol Tanzania. Dorniitories 2025 was another productive year for FEFP'S dormitory construction activities in secondary schools in the Mbeya region of Tanzania. oth dormitories in Katumba50nge in Kyela and the Samora Machel doimilory in Mbeya City were linalised. A local contribution lor an amount o120'A of the cost was obtained from Ihe local aulhoiilie8. This brings the total number of completed dortnrtories to 24, with 2,048 beds in lolal Currently two more dormilories are in the pipeline, each with 80 beds (expected lo be completed by mid-20261. Tuzungumze Tuzungurnze (meaning "Let's talk'l is a programme for girfs in the secondary schools, in cooperation with the soeial welfare office of the district and the gender desk of the police department. In each secondary school, the girls organise themselves in 9roups o125- 30, gathering weekly lo discuss the Isexuall threats. they experien. The report ol all the meetings is presented lo a Iru5tworthy teacher, selecl&d by the girls. This "tnatron" conveys those reports lo the soeial welfare and police desks for immediate action. Kyela.. the nurnber of pregnancies dropped to 2 during 2024. Rungwe.. no pregnancies weie iegislered lor 2024. Busokelo.. no pregnaricies were registered lor 2024. These figures are encouraging, as we saw only 2 - 3 years ago, pregnancy nutvbers between the 20's and 40's. The girls learn how lo look after themselves alld understand the risks much beller. They know now that Ihoy ale not alone and can count on their friends in school, the SOGial desk of the district and the police force. In lolal, 87 public secondary schools with some 27,000+ girls are now includèd. Other activitie5 In Nkuyu secondary school, 8 production unit lor reusable sanitary pads was sel up. Th8nks to the improved quality, the pads have now been approved by the relevant authorities and oan now be sold lo the public. FEFP paid grants of £381,480 in the year and had committed a further £203.731 at 31 Decernber 2025
Foundation For Education To Improve Family Planning Trustees. Annual Report Year Ended 31 December 2025 Mamas in Accion (Colombia) "Empowering a woman És transfomiing generations" In 2025, 66,686 teenage 9irls became mothers in Colombia. Established in 2001, the Juanfe Foundation is a nonprofit organisation dedicated to ending cycles of poverty and vulnerability affecting teenage mothers. Active in Cartagena, Medellln. and Uraba. the Foundation has, over the past 23 year5. positively itnpacled the lives of more than 290.000 people through ils comprehensive 360" transforTMalion piogiamme. This initiative equips teenage mothers with the resources and opportunities needed to create sustainable futures lor themselves and their communities. By combining education, etnotional support, and vocational Iiaining. the programme empowers participants to become leaders and drivers ol posits've change within their surroundings. The 2025 results ean bè summarised as follows: Mama en Accion 360" Iranslormation programme runs over 3 years 455 mother5 and their children have started the 360. programme. The 360° piogiamme is a compiehensive. multi-year support model for adolescenl mothers that cornbines psychosocial are, education, technical training and foitnal employment support to help Ihem become economically independent and improve their quality of life. 11 a150 includes early childhood care and family engagement lo break cyoles of poverty and strengthen long-term wellbeing for the mothers. their children and Iheii cornmunilies. These teenage mothers and Iheir children are supported by our comprehensive education and coaching progratnrlle in Cartagena, Medellin and Uraba. A lolal of 1.224 teenage mothers have been trained over the 3 years of the programme12023- 20251. 280 teenage mothers found a decent and foirnal job. A total of 19,272 people benelit from our support ITI Cartagena and Medellin, includino mothers, Children, family mernbers of teenage mothers, and migianl Venezuelans in Colombia. To continue ils social objective ol omploying teenage mothers, ACTEC and Juanle sets cornmon targets each year lor improving the existing piogramme. During the 2025 year, the major improvern&nts are as follows.. 1. Strengthening the Monitoring, Evaluation and Learning system IMELI Juanfe has reinforced its evaluation framework, significantly slrenglhenin9 ils capacily lo assess results. enhance and prove programme impact. A detailed review of the econoinic illclusioi) component revealed a rise in NEET (Not in Education, Employment, or Trainingl rates in Golombia, with young women ideiilified as the mosl vulnerable grtsup. One of the main challenges facèd by the prograirme is facilitating effective connections between young graduates aiid the professional labour market.
Foundatlon For Education To Improve Family Planning Trustees, Annual Report Year Ended 31 December 2025 In rèsponse, ACTEC proposed and financed a consultancy led by Lijis Felipe Cano, a Tecognised specialist in NGO strategy and Monitoring, Evaluation, and Learning IMELI. This support is enabling Juanfe lo develop a cornprehensive MEL syslern with thrèe core objectives.. idenlrfying aieas for Improvement within the programme model, measuiing operational efficiency, and strengthening clear and accurate communication with public and private stakeholders. The year 2025 marked a key milestone in methodology improvement with the creation ol specific operational manuals. which form part of a lor)g-term strategy recognising tlie MEL system as essential lo ensuring the project's susl3inabilily and long-lem viability. 2. Boolcam in digital ski115 training In response to growing employment opportunities within the digital sector, Juanfe has introduced additional courses aimed at slrenglhening digital literacy. As a result, 68 beneficiaries enhanced their proficiency In digital tools relevanl to the workplace. an essential asset for improving employability. In addition, 12 beneficiaries Completed 5pecialised Iraining focused on ChatGPT and other Al programmes. 3. Employment inclusion With the support of experts Irorn AGTEC, Juanfe is currently revising 115 labour inclusiori strategy to ensure that young wothers remain engaged in productive activities for up to three years following graduation. while closely monitoring NEET risks and implementing preventiv8 measures when neGessary. In 2025, Juanfe was visited by Ana Irlan, a Spanish ESG and sustainability specialist and she provided her expert15e. Hei rnain task was lo develop a slialegy enabling the Ernployabilily Bureau to strengthen partnerships with companies and secure their commitment to hiring Juanle's young graduates. The second part of her stialegy 15 to be developed in 2026. To faeilitale access to ernploymenl, strategic and operational partnerships have been esl8bli5hed with 495 companies1329 in Cartagena. 143 in Medellin and 23 in Urabal to support entry into the forrnal labour market for young molhers and enable the companies to have good ernployees. Strenglhenillg relationships with the productive sector and developing a model that positions Juanle as 8 reliable and value-adding p.artner foi etnployers has enabled 899 benefioiaries to access formal ernploymenl or launch irTrcome-geneiating projects. Looking ahead, the continuation of the project in 2026 will allow for the full implementation of the new MEL syslern, the con501idation of achieved progie55, and the scaling of impact to ensure Ihal more young people supported by Juanfe gain access to decent and sustainable employment opportunities. This phase will also ensure that the employability model continues to evolve through a data-drivfyn approach, strategic partneiships. and a strong ernphasis on digital skills development. At the national level, implemenlalion ol the 360° Model was consolidated in the Uraba region during 2025. with 250 participants joining during the year, priorilising the banana-growing area, a territory with a high proportion of leenage mothers and significant gaps in access lo training, ernployability and economic opportunities This process rllade Il possible to strengthen local operational capacities. adapt the model to the regional context and validate ils applicability in new areas of the country. FEFP paid grants of £100,866 in the year and had committed a further £104.739 al 31 Deoember 2025.
Foundation For Education To Improve Family Planning Trustees, Annual Report Year Ended 31 December 2025 School for Hope {Guatemala) via 'Education for the Children" (EFTC) 2025 marked the first full year under the newly formed Education Management Team, and the impaet in such a short time ha5 been both visible and encovraging. The team has brought renewed structuie. strong oiganisational planning. and a clear comrnitmenl lo dala-driven decision-making. New systems for monitoring individual wellbeing, behavior, and academic performance have led to a beller understanding of student need5 and lo Iraek progress. All of this is more significant, given the reality of the environment in which the team works. Supporting students, teachers, and families who face complex soci81 and emotional challenges is a daily effort that leaves very little lime to pause, collect additional data. or reflect. Much of the learn's energy is spent responding lo immediate needs and 'putling out fires,. yel their dedication to the students never wavers. Beh8vioral difficulties, learning gaps, inconsistent parental support, and Challenging home environments all shape daily sohool life. Despite this, the team has Strengthened the monitoring systerns and m8naged to gather reliable data to guide largeled interventions, which is an accomplishment that refle¢ls both their resilience and their commilrnenl to ensuring every sludenl moves foNard, even in the smallest steps. In a worfd that increasingly measures success throLigh lest scores, rankings, and quick results, il is easy to become oveily focused on academic outwmes alone. The rnessage is clear.. the goal is not to demand more results from students. bul lo understand their iealilies so the team can provide the support and services to keep them in schotsl. The team work to continually improve the classes and programmes precisely bècause the students, academic levels ale so diverse. However, beyond the numbers, what guides the team is their holistic approach. The data that is eollecled gives an e8ily indicator of which sludènls are at risk, what barriers they face, and how one can respond before they fall further behind or drop out. More than anything, keepiiig 51udenls in school is how their lives are changing. When attending, they hav& a sale space where they can learn, thrive, eat well, and feel caie. consistency, and love. Academic growth is essential, but it is only possible when students feel secure and support8d, which is the basis for everything the School has done sin¢e it started. The learn h8ve strengthened the systems not just to measure learning, bul to protect it. At the beginning of 2025, the Education Management Team Carried out diagnoslie assessments in Communication and Language and Mathematics. aligned with GualerTrala's National Curriculum ICNBI. These assessmer)ts largely confirmed palteins already identified in prèvioLJS years, many students were entering grades without the expected foundational skills, particularly in literacy and num6racy. Rather than revisiting these findings in depth, the diagnostics served a practical purpose. They allowed the School lo piioritise intervention early, differentiate support by grade and subject, and track whether the strategies introdud during the year were beginning to stabilise learning Irajeclories. The emphasis in 2025 was not on "catching up everything al on¢¢°. but on preventing gaps from widening further while strengthening foundations where possible. Now into 2026, the School is continuing lo build OT) the progress made possible through FEFP'S recovery support in 2024 and 2025. The investinenl in literacy. malhemalics, extracurricular learning, and sexual and reproductive health education helped address some ol the most urgerit gaps students faced following the disrupliofts ol rent years. The progress rnade In these areas has helped stabilise learning and rebuild confidence acioss the School. Slrellglhening core learning remains a key prionly this year, particularly in literacy and mathematics. While assessment5 show encouraging improvement, many students are Still working to c105e foundational gaps. In 2026 the team are continuing lo expand small-group litèracy support, increase access lo age-appropriate
Foundation For Education To Improve Family Planning Trustees. Annual Report Year Ended 31 December 2025 reading materials and further develop a more structured approach to mathematics instruction that slrenglhens both skills and confidence. Al the satme time, the past two years have reinfOrd that academic iewvery ¢annot be separated froffl the broader circurnslance5 affecting 51udenls' lives. The support of FEFP enables the local team lo rèspond more effectively to the complex challenges many 51udenls lace, including nutrition, healthcare needs, family instability, and special educational needs. FEFP paid giants of £132.000 In the year and had committed a further £681.000 at 31 December 2025. School Ajpopoli (Guatemala) Ajpopoli vzw is a non-profit organisation founded in 2007 based in Leuven, Belgium Iwww.ajpopoli.cornl. Ajpopoli supports a private school 'Centro Educativo Ajpopoli Ak'wala, in the mountain municipality SBn Juan Comalapa, Guatemala. As a private school. il Is not subsidised by the government. Ajpopoli, Akknala means bringing wisdotn lo thè youth. Vision Ajpopoli vzw.. High quality schooling and education are the only w8y out of poverty and oppression ftsr the underprivileged Maya children. Schooling is Ihe opportunity for a belter future. Many Students grow up in a single-parent family. with a low literacy rate. Thanks lo a good basic education. the Maya ¢hildren develop a solid base, which will enablé them to pursue higher studies and will boost their chances in finding a job at a later stage. Furthermore, an equal Irealnient of girls and boys is essential in the Ajpopoli educatior) plan. Unfortunately, that equality is not obvious in present-day Guatemala. Therefore, the curriculum includes Sex education for both boys and gills from the fifth grade onwards. In secondary school, the locus will be on farnily planning through correct infoirnalion on e.g., ContrapI10n. inst, and partner violence. By making these topic5 negotiable, the aim is to raise awareness and aspire more individual coaching. Courses are given by qualified and highty moliv8led Maya teachers. The School also provides medical and Social support to the children and their famillies when they are in need. 'Cenlro Educalivo Ajpopoli, Ak'wala, offers education to 300 pupils, from third kindergarten up to third secondary grade. 50°/ts of the pupils are girls. Ajpopoli vzw enlirÈly finances the 24 teachers and staff members 1700h women). Fundraising is rnainly done through foster parenting, activities, and gifts. All donations go entirely to the School Good basic education is an essential prerequisite for Ibe prospects of the Maya children. Because of their limrted means, the Sohool has not been able yel to offer ils students higher secondary studies. Such offer would increase their chances on the job market or provide a beller prospoct to enter university studies. In the eurrent situation, the pupils are obliged to go to schools outside the municipality, which entails higher study and Iransportalion costs. Therefore. they often drop out or combine work with weekend classes, which does not improve the levél ol education and chance5 for success. The extension of the school programme with higher secondary studies will certainly benefit female pupils. Tradition81 Maya families still favour boys over girls, in case they rnust pay for the continued studies themselves. The'free" offering will facililale the decision for these families lo allow their daughters lo continue higher studies.
Foundation For Education To Improve Family Planning Trustees. Annual Report Year Ended 31 December 2025 This hi9hèr study level will give the girls prospects to a beller development. a higher degree of ernancipalion and finally more Conscious and conlrolled family planning. Organising a higher education department'Bachilléiato èn Ciencias y Lelras, means that two additional study years rnusl be set up. FEFP had agreed 10 5UPPOrt the organisation of these two additional study years and committed a lolal grant of É188,050 spread over three years. Al 31 December 2025 a commitmènt of £53,941 1é61,8001 was outstanding. The Hubi & Vinciane Foundation (Benin) FEFP paid a grant of £66.083 in the year and had commilt8d a further £150,127 al 31 December 2025 for a 3-year project ol the Hubi & Vineiane Foundation on malnuliilion to improve the health of yourFg children, to develop family planning and lo increase educational opportunities foryoung girls in the Borgou region in Benin. The Hubi & Vin¢iane Foundation IFHVI was founded in 1982 to honor Dr. Hubi (Hubert) Adriaens and his fiancée Vinciane Varl Ass¢he, who died in 1981 in an air crash while returning home from Benin, where Hubi served as medical director of a bush-hospital in Papané. Continuing their cotllmilmènt to Benin. their families established FHV as a Public Utility Foundation. FHV promotes regional development in the central region ol Benin, foeusing on better living conditions through an integrated approach in health, education. entrepreneurship and agriculture. Its locus is better lrfe ¢onditions for children and women, and ils main programme combats rnalnulrilion, working closely with the local cornrnunity. through volunteers in Belgium and 8 Itsom of around 20 staff members in Benin. During 2018-2024, FHV implernented a project lo combat malnuliilion in 65 rural villages in the municipality ol N'Dali. Through a systematic approach for more than15,000 children with regular screening, treatment of malnourished children and education and training of young mothers and adolescents in family planning and healthy nutrition. the percentage of severely malnourished childreri was reduced from 12.5°/Tr in 2019 to less than 20k in 2024. To sustain these results ill the long term, emphasis is given for girls after primary school. FHV developed a piogramme FAN IFilles Ambass8dri¢es de Nutrilionl, providing them in-depth training on family planning and sexual education by professional coaches. Overall, over 500 FANS now act as ambassadors" lo promote healthier nutrition and better sanitation. FHV also continues to promote the use of re-usable menstrual pads to limit school absence dur1ng menstruation. At the end 012024, FHV rolled out a similar malnuliilion programme in approximately 50 villages in the municipality ol Tchaourou16orgoul which is funded by FEFP. The programme includes additional edu¢alional components.. specific activities were launched in primary and secondary schoo15 In the villages lo raise awareness about impioved nutrition and hygiene. and focus was given on birth pSanning. With support of Foundation Claudine Tallon, sensibilisalion on menstruation. promotion and distribution of re-usable menstrual Pads was given in 8 schools. Togelhei with local authorities, improvements ol quality of school meals were inlroduoed in more than 30 schools and collslruction of 6 new school gardens were established. In 2025. FHV also initiated a new pilot project in support for girls and young women- 'Leadership for Girfs, in 4 sècondary schools, each with approximately 7,000 pupi15 on average, of which approxim8te1y 35% comprised All activities are in close collaboration with formal and Informal leaders ol the ¢ommunity. Focus is lo strengthen empowerinent ol girfs and women, through sexual education and behavior changes. The preliminary impact will be carefully assessed in July 2026. By the end 012025, malnulrilion was already strongly reduced lo approximately 4°/0 in Tchaourou. This result is reassuring and iridi¢ated a better undeislattding of all aspects of malnutrition. Based on this outcome, and 10
Foundation For Education To Improve Family Planning Trustee$, Annual Report Year Ended 31 December 2025 in discussion with experts and Benin authorities, FHV decided lo Iiansfei ils Malnutrition programme from 2026 onwards to Boukourrbé. a city in the Northen region Alakora. Due lo ils location closer to Ihe boarders and threat ol jihadisls, this legion of Benin has significantly more challenges with low employment, poverty and difficult life ¢ondilions. In February 2026, FHV and its local partner CERD. supported by represenlalives on the Ministry ol Health, officially started the FEFP-lunded malnutrition programme in Boukoutnbé. Rainbows4children (Ethiopia) °Breaking the cycle ofpoverty fhmugh education ' Rainbows4children is an independent foundztion set up in memory of Nicolas Robinson Ison of the founder) and provides education for disadvantaged children in Ethiopia. Most of the children supported have parents with disabilities such as loss of limbs and blindness. 100°k of donations go directly to Ihe educational proj&cts. This is made possible because all the administration work is carried out entirely by unpaid volunteers. The Nicolas Robinson School in Mekelle, supported by Rainbows4children, educate5 children whose parents have disabilities from war injuries or landmines. The benelieiaries formed the Tigray Disabled Veterans Association (FDVAI, which partners closely with the School. The School began Wbth a kindergarten in 2005 for 240 children. later èxpanding to a primary school in 20D7 serving 640 students Igrades 141 with classrooms, labs, a libiary, MLJSIC room and sports fiéld. A secondary school opeiied iii 2012 with 12 classrooms for 360 students (grades 9-121 and full science and IT laboratories. The s¢hool is recogiiised as the besl-quality school in Tigray. Academic rèsults are exceptiona5.. 1000A pass rate in Grade 8 regional exams and over 9VA in Grade 12 national exams. Graduates progress to university or vocational training, with sever31 re¢8iving international scholarships. During COVID-19 and the war. the s¢liool adapted by providing learning materials, producing sanitisers and supporting locusl-conlrol efforts. Sponsorship remains essential.. CHF 500 per year covers a child'5 edLJcation, nutrrtion, uniforrn and materials. Over 700 children are Currently sponsored, with 300 more needing support. Nicolas College. loeated on the School campus, offers vocational tiaining through four workshops. Coursès include hospilalily. computer skills and entrepreneurship, supported by PUM (Netherlandsl. After the war. vocational programmes are being iebuill, with cooking, ICT and app1i3nce-ma1ntenan courses 18Starting in 2025. Recent achievements include a 100DA Grade 8 pass rate and strong Grade 12 results despite Ethiopia's national pass rate of only 8°kn. Students who p8s5ed have begun univer5ily', others are receiving extra support or pursuing diplomas. Teachers are helping students recover from years of disruption through literacy and numeracy support, homework sessions and revived after-school clubs. Vocalional trainiiig is thriving again, with 30 students in cooking and 3e in ICT, complemented by entrepreneurship workshops that prepare young people for employment or small business creation. FEFP paid grants of £80.297 in the year and had comtnilled a further £64,214 al 31 December 2025.
Foundation For Education To Improve Family Planning Trustees, Annual Report Year Ended 31 December 2025 Health Centre (in partnership with Plan International) in Sierra Leone In Sierra Leone, more adolescents are accessing and understanding their Sexual and reproduclive health and rights ISRHRI. With support from the Foundation lor Education lo Improve Family Planning, Plan International Sierra Leone has taken over operalions ol Ihe adolescent health centr8 In Mile 91, Moyamba District. Over the next three years. the centre aims lo improve SRHR for up to 50,000 adolescents and young people aged 10- 24. including 30,000 girls, through expanded services and life skills education. After a short delay, the centre Iransitioned from Médecins Sans Frontières to Plan International Sierra Leone in July. In the first 51x months, 524 adolescents accessed services1325 girls, 199 boysl. with attendance iising monthly. Fatnily planning services were used by 261 adolescenls, mostly gi15s aged 15- 19, highli9hling the need for confidential, youth friendly care. A mulli stakeholder workshop identified 4 chiefdoms, 17 communities and 30 schools for prooramtne implementation, laying the foundation lor full scale rollout. Cha15enges included limited oulieach due to the delayed handover and contraceptive stock shortages, which have now been resolved. This first phase ol the project has focused on the transition ol the eentre lo Plan International Sierra Leone. The next phase of the projeol will work towards lull scale irnplernentation of the project aolivilies, including the commencement of community engagement activities. The key priorities for the next six rnonths of the project are.. Finalise the idenlilication olYouth-Led Organisations to support community outreach, followed by their training and involvement in advocacy, awareness raising and implemenlalion aclivities. Begin communily-level implementation, inGluding awareness-raising, dialogues, and the forming of support groups. Fully staff the Adolescent Health Centre under the new structure and continue running the centre services. Establish updated releiral pathways the make sure ihe SRHR and protection needs of local adolescents are rnel. Deliver key Iiaining for staff, partners and stakeholders, including safeguarding. Expand community engagernenl through school outreach, paient champions, inleigenerational dialo9ues and community sessioll5. FEFP paid grants of £201,366 in thè year and had commilled a further £150,000 at 31 Decernber 2025. 12
Foundation For Education To Improve Family Planning Tnrstees, Annual Report Year Ended 31 December 2025 Tackle IZambia} Tackle is an award-winning, Zambian registered, sport for development organisalion that wa5 founded in 2002 and uses the power and popularity ol football to drive demand for Sexual Reproductive Health and Rights ISRHRI information and services. In partnership with over 25 organisations, Tackle works in 8 African counliies, training over 60D coaches and reaching over 15,000 participants per year Tackle uses football as a tool to educate, inspiie, and build the confidence ol adolescents and young people IAYPI and key populations lo 18ke control ol their health and support their wellbeing. Marie Slopes Zambia IMSZI is a member of MSI Reproductive Choices. a global reproductive heahh organisalion. MSZ'S mission is to empower individuals lo make informed choices about their reproductive health. providing comprehensive Services including conliaceplion, safe abortion, and posl-abortion care, while also advocating for reproductive right5. As a leading SRH piovid2r in Zambia, MSZ works with the Government and other key partners lo ensure the hardesl-lo-reach clients can asS comprehensive SRH seNices. MSZ'S service delivery is free frorll stigma. judgement, and disciirninalion. Tackle's project started in August 2025 with activities over the last quarter of 2025.aetivities A bespoke curriculum was designed in consultation with the MSZ team and the district teams where the projecl will lake place. The project was also successfully introduced in all Ihiee di51ricts Ihrough the sUPPOrt and presence of our partner, MSZ. MSZ'S established relationships within the districls played a critical role in facililaling entry into the projeGI sites. Two stakeholder meetings were conducted in Chipala 3nd Ndola to formally preselll the project to key stakeholders, including the District Education Boards IDEBSI, the Ministry of Health IMOHI. community gatekeepers, and olhei relevant local authorities. These meetings provided a platform to outline project goals. clarify roles and responsibilities, and discuss implementation slralegies. Importantly, they served lo secure stakeholder buy-in, sliengthen collaboration, and support site mapping processes lo ensure that project activities would be implemented in appropriate and high need locations. Peer educator identification was conducted in Ndola and Chipata in close collaboration with the Dislrict Health Oftice 8nd our partner, MSZ. This collaborative selection piocess ensured the right peers were identified to take part in the project, which is a crucial step given their central Importance to the success of the project. The loundalion5 laid in the last quarter of 2025 enabled the project team lo start direct implernentalion of training and activities in early 202e. FEFP paid grants of £76,967 in the year and had committed a further £182.496 at 31 Decetvber 2025. 13
Foundation For Education To Improve Family Planning Trustee$. Annual Report Year Ended 31 December 2025 Chase Africa (Kenya) This report summaiises progress for the Improving Sexual and Reproductive Health and Rights in Kenya's South Rift progiatnrne for JLJly- December 2025. The programme is implemented by CHASE Africa through The Maa Trust (Narok Westl and SORALO Imagadi Ward, Kajiado Westl. Operating in semi-arid pastoralist areas, il addiesses barriers lo SRHR, expands farllily planning uptake and slrenglhen5 GBV prevention and response through community outreach, youth en9agemenl, mobile services and health-system support. Programme Goal.. lrnprove health and wellbeing of marginalised communities through equitable access to high-quality SRHR inforrnalion. services ancl rights-based 5UPPOrt. Expected Outcomes.. Increased informed SRHR deasion-making among adolescents, youth and women,. improved SRHR knowledge,. delivery of 75.000 hedlth services,. slrenglhelled health systems 8cross 22 facilities., improved adolescent-friendly 5ervice5." and stronger MOH engagement. Community Awarene55 8nd8ehavior Change.. CHPS conducted housohold visits. SORALO reached 2,405 individuals,. TMT reached 981 households. Droughl-related migration ieduced reach. Corrrnunity dialogLJes engaged 343 p&ople ITMTI and 827 ISOFiALOI. TMT held 24 men's and women's fotutns with 1,078 participants, contributing lo a 25°h rise in FP uptake in laigeled areas. Youth Engagement.- TMT held 15 ASRHR sgssions reaching 875 adOlesnts,. SOFiALO reached out-of-school youth and integrated SRHR messaging into the Osolua sports loumament, engaging an estimated 30,000 people. TMT trained 10 peer mentors as ToTs,' SORALO Irairied 20. School Plalforms.. TMT 5UPPOrted health clubs in 19 schools reaching 1,664 pupils." SORALO reached 719 sludenls in four schools. Seivice Delivery.. Comrnunily-based FP provision reached 1.292 women through TMT". SORALO delivered 23 FP services and plans lo train more CBO-qualified CHPS. Mobile and backpack outreaches delivered 1.930 FP seNices, 291 SRH services and 9,497 general health services. Health Syslem Strengthening.. TMT trained nurses and CHMS on adolesnt-frIendIY services and wnducted RDQAS. SORALO held MOH review meetings lo improve data quality and was requested 10 5UPPOrt matemal health slrenglhening. Key Challenges.- Male engagement requires intentional design., flexible outreach rnodels are essential during disruptions., Sports and cultural events ale effective lor larg&scale SRHR messaging. Final Remarks.. TMT met most largels due to established systems. SORALO expanded staffing and coverage. wilh grealei impact expected in 2026. Baseline surveys were cornpleled by both partners and will guide targeted adaplalions. CHASE Africa conducted partner visits, observed activities and supported coordination with MOH to strengthen heatth systems and programme outcomes. FEFP paid grallls of £105,275 in the year and had commilled a further £210,540 at 31 December 2025. 14
Foundation For Education To Improve Family Planning Trustees, Annual Report Year Ended 31 December 2025 Akamasoa {Madagascar} Madagascar has amongst the highest birth iales in the world13511,000, number FY 20211. Accoiding lo the Madagascar Ministry of He311h, 32ty/0 of girls become pregllanl before adulthood (under the age 01181. These early and very often unwanted pregnancies contribute lo young women's exclusion from education and work and keep them in poverty. Akamasoa strongly believes in". Supporting adoption and appropriation of the comprehensive sexuality education programmes. Supporting all edLlCational programmes and training ship5 lor young Imoslly fetllalel students. Suslainable 8Gcess to services and health resour¢e5. Akamasoa has been helping the people of Ampilala in the Vangaindrano dislriet, Atsimo An15inaDana region of Madagascar, for over 25 years. First. they built a free clinic and a rnalernity ward because rnany women in the bush were dying because of tradiliollal childbirth. After that. they also built primary and junior schools, and more recently a high school. The medical buildings are now loo small to accommodate ourrent needs and have also fallen into disrepair due lo the cyclone, wind, and sea air. Akatnasoa wants lo build a new maternity ward in line with European standards so that women in the bush can have aCsS to the sarne childbirth infrastructure as women in the city. Akamasoa will start a new programme lo send young, primarily female, students from pararnedical seetors to Ampilala lo carry out Internships as part ol their studies and fLJrther training in the medical field aflei leaving the University of AkaTnasoa. Akamaso8 also wants to buy medical equipment, such as birthing beds, a portable ultrasound rnachine for pregnant women, incubators for babies, a Poupinel steriliser, a pregnancy calculator, etc. This additional medic81 equipment is currently lacking or obsolete, bul very important lo meet the Iiairiing needs of these young interns so that they learn with tools adapted to current standards. Akamasoa wants lo build accommodation with showers, kitchen, and bedrooms lor Ihe young girls who will carry out internships dLJring their studies and refresher training IN the medical field after leaving the University of Akamasoa, so that they may have the right conditions to become professionals. Akamasoa also intends to provide a subsidy for each sludenl during their internship oi training period tts encourage them lo work away from the city and help poor wolhers in the bush. As part ol the extension of a rnalerriity ward and the training centre with dormitories facilities lor young girls located in the Ampitafa district of Vangaindrano, the plan is lo.. Extenrs the maternity ward. Build accommodation with showers, kilGhen. bedrooms. Purchase medical equipment. Provide housing and a subsidy for each young person (primarily girts) during their intemship or training period. FEFP had commilled grants of £83,460 al 31 December 2025. 15
Foundation For Education To Improve Family Planning Trustees. Annual Report Year Ended 31 December 2025 Homaar {Belgium) 'Resiliènt Youth" Homaar guides young people Ihiough two-week daylirne programffles in small groups of 6, working together in ereative, experience-based workshops. In 2024, they supported 209 young people. At the end ol each programme, they sil down with each youngslei and their family or support nelwork lo realise the necessary connection with their widei nelwoik to take action on various life domains. Homaar offers a homely and warm atmosphere. From that foundation. il focuses on the strengths. qualilies, and motivation of young people to move forward. During school holidays, Homaar organises an open programme ofwork5hops and follow-up days. These range from short Iwo-hour sessions lo multi-day hikirig Iiips. Across the four Growth places il organised 80 flee activities in 2024, with 449 young people participating. This programme is an important completnent lo the youth programmes and help5 provide ongoing support, ensuring young people remain connected outside ol regular guidanGe. The need foi meaningful and resilienco-building leisuie activities during holiday peiiod5 IS apparent lor this group. Homaar strives for a healthy funding mix and is not dependent on a sirigle source of income. To safegLJard their autonomy and approach, they aim for a maximum of 50 /0 government funding. In today s climate, public funding is becoming increasingly uncertain. At the same time, Homaar wants to keep their piog18Thmes as accessible as possible so that young people frorn less advantaged families can fully participate. That is why they offei a social rale.. they ask for a syrnbolic contribution between C100 - É400 Ideponding on social slatus of the parenlsl, while the real ¢051 ol a full programme with individual support and follow-up 15 around E2,500 per young person. The small 6'h ol Income generated through activities clearfy does not cover these costs. Each house therefore invests in local fundraising and in finding long-lerm partner5 to make this possible. In addition to organising benefit events. Homaar ielie5 on donations, gitts, and corpoiale sponsorship. FEFP paid grants of £43.373 in Ihe year and had committed a further £43,641 at 31 December 2025. Friends of Ibba Girls, School (South Sudan) Friends ol Ibba Girls, School IFIGSI is a UK charity founded in 2011 to build and support Ibba Girls, Boarding School IIGBSI in Western Equatorial Slate. South Sudan. The School now educates over 300 girls annually, with capacity lo grow to 360, offering high quality primary and secondary education in a sale, inclusive boarding environment. 11 was created al the request ol local leaders who wanted a secure, well resoureed school foi arginalised girls from across the legion. IGBS provides a vital bridge frorn piimary lo secondary education, protecting gills from early tnarriage, domestio labour and insecuiity. Its guiding piinciples -°excellen¢e wilhoul elitism" and 'education with the pen and the hoe combine strong acaderric5 With practical skills such as agriculture, debating and vocational training. This equips girls to contribute lo food security, income generation and eommunily ie5ilience. FIGS works closely with the South Sudan based Board ol Trustees lo ensure the School remains African led and Community rooted. Since 2023, Windle Trust International has provided technical, financial and anagemenl support, strengthening governance and daily operations. FIGS. strategy focuses on quality eduoation, vocational skills, financial sustainability, community engagement and sharing good practiGe in fragile oonlexts. South Sudan lace5 extreme educational challenges.. 70°A of children ale out of school, 65°A of adults are illiterate, and only 1 ODA of girls complete secondary school. Teacher shortages and insecurity further limit 16
Foundation For Education To Improve Family Planning Trustees, Annual Report Year Ended 31 December 2025 access. In this context, IGBS is recognised nationally as a model lor girls, education, peaee building and safo boarding. The school employs 42 staff, supporting local livelihoods and the wider economy. In 2024, 94°A ol students cornpleled the academic year, an exceptional achievement. IGBS integrates health education, life skills, Pea building and pathways for school lèavers to train as teachers. FIGS supports 6- 8 graduates annually lo attend teacher training, slrenglhening the local education workforce. The School also shares learning with oth81 Institutions to promote effective models foi giil5' education in fiagile settings. The Governtnent of South Sudan has expressed interest in replicating the IGBS model nationwide. Expected outcomes include Safe education lor 300- 360 gir15 8nnu8lly. 90QA+ relenlion, slrellglhened local employment, teacher training pathways, and wider community and economic benefits. IGBS continues to Serve as a beacon of peace, hope and good practice In a fragile region. Monitorillg and evaluation are jointly coridu¢ted by IGBS, FIGS and Wfl lo ensure Iransparency and Irnpact. During the year, FEFP agreed a giant of £300.000 to be paid equally over three years, commencing in FY 2025. The first inslalment of £100,000 was paid £75.000 to support operational costs teaching, resources, food, water, electricity and 51aff salaiies, and £25,000 lo conliibule to completing the seventh doimilory, enabling lull capacity of 360 students. The remainder £200,000 will be paid equally over FY 2026 and FY 2027 lo sustain high quality education and health awareness. Public benefit The Iruslees confirm that they have cornplied with the requirements of the Charities Act 2011 to have due regard lo the public benefit guidance published by the Charity Commission for England and Wales when ieviewing FEFP'S aims and objectives and in planning fuluie aetivities. Financial review The major asset of FEFP is a 29.541°h shareholding in Fund+ NVISA, a for profit investment firrn, investing in cornpanie5 active in the sector of Life Sciences and some c85h at hand. This shareholding in Fund+ NVISA was valued al £31,973,994 at 31 December 2025. The working expenses ol FEFP will be finand by the dividends received from ils investments and its shareholding in Fund+ NVISA and from ils own cash resources. FEFP had cash funds in its bank accounts of £1,152,297 and investment portfolios with ABN AMRO Bank NV in Belgium and J.M. Finn & Co Ltd in the UK valued al £13.196.917 and £4,925,335 respectively al 31 December 2025. For further financial information, we refer to the allached financi21 statements. Policy on reserves The charity reserves are deemed sufficient to cover the support costs for the next year. Going concem The trustees eonsider that there are no rnalerial uncertainties about the charity's ability lo continue as a going concern. Plans for future periods FEFP will continuè its approach of funding educational projects that serves ils objèctives. The grants will be funded from future investment income received and from currelll bank balances.
Foundation For Education To Improve Family Planning Trustees, Annual Report Year Ended 31 December 2025 Trustees, responsibilities Th8 trustees are responsible for preparing the Trustees, Annual Report and the financial statemenls in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted A¢counting Practice) and applicable laws and regulations. The law applicable to charities in England & Wales requires the trustees lo prepare financial statements for each financial year whiGh give a true and fair view of the slate of affairs of the charity and ol the incoming resources and application of resources of the charity for that period. In preparing these financial statemen15, the trustees are required to.. select suitable accounting policies and then apply Ihern consistently., obsetve the methods and principles in the Charities SORP 2019 IFRS 1021., rnake judgements and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed.. and prepare the financial slalem6nts on the going concern basis unless it is inappropriate lo presume Ihal the Charity will continue in operation. The trustees are iesponsible for keeping proper acGounling reeords that disclose with reasonable accuracy al any lime the financial position ol the charily and enable Ihern lo ensure that the financial statements comply with the Ch8rities Act 2011, the Charities IAGcounts and Reports) Regulations 2008 and the provisions of the conslitulion. They are also sponSible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the rnainlenance and integrity olthe chaiily and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial slalements may differ frorn legislation In other jurisdictions. Disclosure of information to the auditor Each trustee has taken steps that they oughl lo have taken as a ttuslee in order lo make themselves aware ol any ielevant audit information and lo establish that the charity's auditor is aware ol that inforrnalion. The trustees conlirTll that there 15 no relevant information that they know ol and of which they know the auditor is unaware. Approved by the trustees on 26 June 2026 and signed on their behalf by.. DrD U5 ee 18
Foundation For Education To Improve Family Planning Independent Auditor's Report to the Trustees of Foundation For Education To Improve Family Planning Year Ended 31 December 2025 Opinion We have audited the financial slalements of Foundation For Education To Improve Family Planning (the 'chaiily I for the year ended 31 December 2025 which comprise the S131emenl ol Financial Activities, Balance Sheet, Statement of Ga5h Flows and note5 to the financial statements, including significant accounting policies. The financial reporting framework that has been applied In their preparation is applicable law and United Kingdom Accounting Standard5, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic ol Sreland (United Kingdom Generally Accepted Accounting Praclicel. In our opinion the financial statements.. give a true and fair view of the stale of the charity's affairs as at 31 December 2025, and of ils incorning resOUrS and application of resources. including ils income and expenditure, lor the year then ended., have been propedy prepared in accordance with United Kingdom Generally Accepted Aceounting Practice., and have been prepared in accordance with the ieqLEirements of thè Charities Act 2011. Basi5 for opinion We conducted our audit In accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibiSitie5 under those standards are further described in the Auditor's responsibilitie5 for the audit of the financial statements Section of our report. We are Independent ol the charity in accordance with the ethical iequiremenls that are relevant to our audit of the financial Statements in the UK, inGluding the FRG'S Ethical Standard, and we have fulfilled our other ethical responsibilities in aOrdanCe with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis foi our opinion. onrluslons relating to going concern In auditing the financial statemen15, we have conoluded that the trustees, use of thè going concem basis of accounting in the preparation of the financial slatemenls is appropriate. Based on the work we have performed, we have not identified any material unceriainties ielating to events or condition5 that, individually or collectively, May cast significant doubt on the charity's ability to continue as a going concern for a period ol al least twelve months from when the financial slalements are aulhorised for 15sue. Our responsibilities and the responsibilities ol the Iluslees with respect to going conrn are described in the relevant sections ol this report. Other inforniation The olhei Information Gomprises the inforrnalion included in the trustees, annual report, other than the financial statements and our auditor's report thereon. The Iiustees are responsible for the other information contained within the annual report. Our opinion on the financial slalements does not cover the other information and, except lo the extent otherwise explicitly slated In our report, we do not express any form of assursnce conclusion thereon. Our responsibility is to lead the other information and, in doing so, consider whether the other information is tnaterially inconsi5tenl with the linan¢ial 5talemenls or our knowledge obtained in the couise of the audit or olhetwise appears lo be materially misslaled. If we identify such material Inconsistencies or apparent material mis5tatemenls, we are required to delertnine whelhei this gives rise to a material mis51alement in the financial slalemenls themselves. 11. based on the workwe have performed, we concSude that there Is a material tnisstaternenl of this other inforrllalion, we are required lo report that fact. 19
Foundation For Education To Improve Family Planning Independent Auditor's Report to the Trustees of Foundation For Education To Improve Family Planning Year Ended 31 December 2025 We have nothing lo report in this regard. M?tters on which we are required to report by exception We have nothing to report in respect of the following matters where the Charilips (Accounts and Reports) Regulations 2008 requires U5 to report to you if, in our opinion.. the inforfflation given in the financial s13tements is inconsistent in any material respect with the Iru51ees' ieport., or the charity has not kept adequate accounting records.. or the financial statements are not in agreement with the accounting records and returns., or we have not reiVed all the information and explanations wè require for our audit. Responsibilities of trustees As explained more fully in the Iruslees, rèsponsibilities slalemenl set out on page 18, the trustees are responsible for the preparation ol the financial slalemenls and for being satisfied that they oive a Iiue and lair view, and Ioi such inlernal control as the trustees deterrnine is nocessary lo enable the preparation of finan31 statements that are free from material misstatement. whether due lo fraud or error. In preparing the financial statements, the Iruslees are responsible for assessing the charity's ability to continue as a going concern, disclosing. as applicable, mallers related lo going concein and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or lo cease operations, Dr have no realistic allernalive bul lo do so. Auditor's responsibilities for the audit of the financial Statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in a¢cordance with the Act and relevant regulations made or having effect thereunder. Our objectives ale lo obtain reasonable assuran about whether the financial slalerrenls as a whole are free from material misslalement, whether due lo fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordan with ISAS IUKI will always detect a material misslalement when il exists. Misslatemenls can aiise trom fraud or error and are considered material il. individually 01 in the aggregate, they Gould reasonably be expected lo influence the economic decisions ol users taken on the basis of Ih95e financial stalernents. Irregularities, including fraud, are instance5 of non-complian with laws and regulations. We design piocedures in line with our responsibilities, outlined above, to delecl material misstatements in respect of iriegularilies, including fraud. The exlenl lo which our procedures are capable of detecting irregularities. including fraud is detailed below. Capability of the audit in detecting irregularities. including fraud Based on our understanding ol the charity and the sector that il operates in, we identified the principal risk5 of non-compliance with relevant laws and regulations. and we considered the extent to which non-compliance might have a material effect on the financial stalemenls. We zlso considered those laws and regulations that have a direct impact on the preparation ol the financial 5131ements such as the Charities Act 2011. We evaluated trustee's IntIveS and opportunities for fraudulent Fnanipulation of the financial statements (including the risk of override ol conlrolsl. and detertnined that the piin¢ipal risks were ielaled to funds being improperly used and not in accordance with trustees directions. Appropriate audit procedures were then perforrned in response lo the identified principal risks and these Included.. 20
Foundation For Education To Improve Family Planning Independent Auditor's Report to the Trustees of Foundation For Education To Improve Family Planning Year Ended 31 December 2025 discussions with the IIu51ees, including consideration of known or suspected Instances of non-cornpliance with laws and regulations and Iiaud obtaining and reviewing supporting documentation relating to financi81 transactions carried out by the charity in the year. challenging estimates and judgements made by the trustees in their signifi¢anl accounting estimates that involved making assumptions and considering future events that ale inh&renlly uncertain. corroborating our enquiries of trustees through OUT review of board minutes and inspection of the charity's regulatory and legal correspondence. Because of the inherent limitations ol an audit. there is a risk that we will not delecl all irregularities, including those leading to a material rnisstalement in the financial slalemenls or non-compliance with regulation. This risk increase5 the more that complianee with a law 01 iegulation is removed from the events and transactions reflected in the financial statements, as we will be less likely lo become aware of instances of non-cornpliance. Th8 risk is also grealei regarding irregulaiilies occurring due lo fraud rather than eiror, as fraud involves inlenliollal conalMent. forgery. collusion, omission or misrepresenlalion. As part of an audit in accordance with ISAS IUKI, we exercise professional judgement and maintain professional scepticism throughout Ihe audit. We also.. ILlonlify and assess the risks of material misstatement of the financial slalements, whether due to fraud or error, design and perform audit proceduies iesponsive lo those risks, and obtain audit evidence that is sufficient and appropriate lo provide a basis for our opinion. The risk of not detecting a material misslaletnent resulting from fraud is higherlhan forone resulting from error, as fraud may involve collusion. forgery. intentional orni55ions, misrepresentations, or the override of internal control. Obtain an understanding of internal conlro1 relevant to the audit in older to design audit procedures that are appropriate in the Circumstances, bul not for the purpose of expressing an opinion on the effectiveness of the charity's internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related di5cIDsures rnade by the truslees. Conclude on the appropriateness of the Iruslees. use of the going concern basis of accounting and, based on the audit evidence obtained, whethei a material uncertainly exists related lo events or conditions that may cast signthcant doubt on the Charity's ability lo Continue as a going concern. If we Conclude that a rnaterial uncertainty exists, we are iequired to draw attention in our 2udilor's report to the related disclosures in the financial $12tements or, il such disclosures are inadequate, to modify our opinion. Our conclusion5 are based on the audit evidence obtained up to the dale of our auditor's report. However. future events or conditions may cause the charity lo ase lo continue as a going collcern. Evaluate the overall presentation, structure and content of the financial slalemenls, including the disclosures, and whether the financial statements represent the underlying transactions and events in a tnanner that achieves lair presentation. We communicate with those eharged with govemance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, induding any 5Ignilicant deficiencies in internal control that we identify during our audit. 21
Foundation For Education To Improve Family Planning Independent Auditor's Report to the Trustees of Foundation For Education To Improve Family Planning Year Ended 31 December 2025 Use of our report This report IS made 501ely lo the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reportsl Regulations 2008. Our audit worf( has been undertaken so that we might stale lo the charity's Iruslee5 those mallers we are required lo slate lo them in an audilorfs report and for no other purpose. To the lullesl exlenl permitted by law, we do not accept or assume responsibility lo anyone other than the charity and the charity's Iiustees as a body. for our audit work, for this reporl, or for th@ opinions we have formed. Redford Co Limited Statutory Auditor Chartered Accounlanls Synergy House 4 Floor 114-118 Southampton Row London WC1B5AA 26 June 2026 Redford & Co Limited Is eligible for appointment as auditor of the charity by virtue ol its eligibility for appoinlrnent as auditor ol a company undei section 1212 of the Companies Act 2006. 22
Foundation For Education To Improve Family Planning Statement of Financial Activities Year Ended 31 December 2025 Y/e 31112125 Yle 31112125 Yle 31112124 Unloslrfd1udS Tuial lund& N¢1* Income and endowments from.. Donations and legacies 92,860 92,860 25,000 Inveslrllenl inoome 233,397 233.397 4,616,559 Total incom• and endowmonts 326.257 326.257 4,641,559 Expenditure on- Ghaiilable 8Ctivili8s 11,518,177) 11,518,17n 1708,7141 Investment manager fefy5 1101,3241 1101,3241 198,3921 Other 1111,7661 1111,7661 1220,1471 Total expenditure 11,731,267> 11.731,26n 11,027,253) Nel gains I Ilossesl on inveslments 2,579,345 2.579,345 15,305,858) Net income I lexpenditurel and movement in funds 14 1.174,335 1,174,335 11,691,552) Re¢onciliation of funds.. Total funds brought forward 50,022,976 50,022,976 51,714,528 Total funds carried forward 14 51,197,311 51,197.311 50,022,976 All income and expenditure derive from continuing aclivilies. The slalement ol financial activities includes all gains and losses recognised during the year. 23
Foundation For Education To Improve Family Planning Balance Sheet Year Ended 31 December 2025 31 December 2025 31 Decetnber 2024 Fixed assets Investrnenls 50,096,246 48,157,655 50,096,246 48.157.655 Current assets Debtors Cash at bank and in hand 12 5,000 1.152.297 1,919.992 1,157.297 1.919.992 Creditors: amounts falling due within one year 156,2321 154,6711 Net currènt assets 1,101,065 1,865,321 Total assets less current liabilities 51,197,311 50,022,976 Net assets 51,197,311 50.022,976 Charity Funds Unrestricted funds 14 51,197.311 50,022.976 Total charity funds 51,197,311 50,022,976 The financial statements were approved and aulhoiised for issue by the Boaid on 26 June 2026. Signed on behalf of the board of trustees DrD ee The notes on pages 26 10 38 foim part of these financial statements. 24
Foundation For Education To Improve Family Planning statement of Cash Flows Year Ended 31 December 2025 Yle 31112125 Yle 31112124 Note Cash flows from operating activities 16 11.641,8461 11,016,098) Not cash flows from operating activities {1,641,8461 11,016,098) Cash flows from investing activities Payments lo acquire investments Proceeds on selling investmen15 Interest rec&ived Equalisation Capilal gains distribution Dividends received 12,703,7571 18.719,0471 3,344,511 3,978.009 16,844 45.547 184 1,507 214,862 4.596,012 Net cash IIow5 from investing activities 874,151 199,4791 Net increase I Idecreasel in cash and cash equlvalents 1767,6951 11,115.5771 Cash and cash equivalents at 1 January 2025 1.919,992 3.035,569 Cash and cash equivalents at 31 December 2025 1,152.297 1,919,992 Cash and cash equivalents consist of: Cash at bank and in hand 1,152,297 1,919,992 Cash and cash equivalents at 31 December 2025 16A 1,152,297 1,919,992 25
Foundation For Education To Improve Family Planning Notes to the Financial Statements Year Ended 31 December 2025 Summary of significant accounting policies lal General inforniation and ba515 Of preparation Foundation For Education To Improve Family Planning is a CIO incorporated in England The address of the regisleied office 15 given In the charity information on page 2 of these financial slalemenls. The nature ol the charity's operations and principal adivilies are lo support edLJcation of pre-adolescent youngsters in the field of family planning and health, with ieference lo the societal and environmental consequences ol population growth and poverty. The financial statements have been prepared in accordance with Accounting and Reporting by Gharities. StatemEnl ol Recommended Practice applicable to chaiilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the U K and Republic ol Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and R&public ol Ireland IFRS 1021, the Charities Act 2011, and UK Gener311y Accepted Accounting Practice. The chaiily constitutes a public benefit entity as defined by FRS 102. Assets and liabilities are initially recognised al hislorioal cost or Iian5action value unless otherwise stated in the relevant accounting policy noles. The financial slalements ale prepared on a going concern basis undei the histori¢al cost convention, modified to include certain iloms al fair value. The financial slalemenls are presented in sterling which 15 the functional currency ol the charity. The significant accounting policie5 applied in the preparation of these financial slalements are set out below. These policies have been corisislenlty applied lo all periDds presented unless otherwise slated. Ibl Funds Unre5trieted funds are available for use al the discielion of the trustees in furtherance of the general objectives of the charity and which have nol been designated for olhei purposes. Designated funds comprise unreslricled funds that have been set aside by the trustees for particular purpos85. The aim and use of each designated fund is sel out in the notes to the financial statements. Reslricled funds are lund5 which are lo be used in accordan with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost ol raising and administering such funds are charged against the specific fund. The aim and use of each resliicted fund is sel out in the notes to the financial statements. Icl Income recognition All incoming resources are included in the Slalernenl of Financial Activities ISOFAI when the charity is legally entitled lo the inootne after any perfOrrnan conditions have been mel. Ihg amount can be measured reliably and it is probable that the incorne will be ietsived. For donations lo be recognised the charity will have been notified of the amounts and the settlement date in wrilirig. If there are coridilions allaohed lo the donation and this requires a level of performance before entitlement can be obtained then incotne 15 deferred until those conditions are fully rnel or the fullilmenl of those conditions is within the control of the charity and il is piobable that they will be fulfilled. Dividends ale recognised when they are declared. No amount is included in the financial slalemenls for volunteer time in line wilh the SORP. 26
Foundation For Education To Improve Family Planning Notes to the Financial Statements Year Ended 31 December 2025 Icl Income recognition Icontinuedl Fixed asset gifts in kind are recognised when re1vable and are included al fair value. They are not deferred over the life ol the a5sel. Idl Expenditure recognition All expenditure is accounted lor 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 lo make p&ymenls lo third parties, it is probable that the settlement will be required and the arnount ol the obligation can be measured reliably. Irrecoverable VAT is ¢harged as an expense against the activity lor which expenditure arose. Grants payable to third parties are wilhill the charitable objectives. Wh¢r6 uncondilional grants are offered, this is acciued as soon as the recipient is nolthed of the grant, as this gives rise to a reasonable expectation that the iecipient will receive the grants. Where grants are conditional relating to performance then the grant is only accrued when any unfulfilled conditions are outside of the control ol the charity. lel Support costs allocation Support Costs are Ihose that a5S151 the work ol the charity but do not directly represent ¢haritable activities and indude office costs. governance cost5, administrative payroll costs. They are incurred directly in support of expenditure on the objectives ollhe charity and include projed tnanagemenl carried out at Headquarters. Where sUPPOrt cosls cannot be diiectly attributed lo particulai headings they have been allocated lo cost of raising funds and expenditure on charitable activities on a basis consistent with use ol the resources. If) Investments Fixed asset investments are initially recognised at their transaction value and Subsequently measured al their fair value at the balance sheet dale il they are publicly traded or their lair value can olhetwise be measured reliably. Reali5ed gains and losses on investments are calculated as the difference between sales proceeds and their fail value at the start of the year, 01 their subsequent cost, and ale charged or credited lo the SOFA in the year of dispos81. UnrBalised gains and losses repie5enl the movement in fair values during the year and are credited or charged to the SOFA based on the fail value al the year end. Igl Debtor5 and creditors receivable I payable within one year Debtors and creditors with no stated interest rale and receivable or payable within one year are recorded at transaction pri. Any 1055es arising from impaiiment a reeognised in expenditure. Ihl Impairment Assets not measuied at fair value are reviewed for any indicalion that the asset may be impaired al each balance sheet date. 11 such indication exists. the recoverable amount of the asset, or the asset's cash generating unit, is e51irnated and compared lo the carrying amount. Where the carrying amount exceeds its iecoverable amount, an Itnpairment loss is recognised in profil or loss unless the asset is cairied al a revalued amount where the irnpairment loss is a revaluatioll decrease. 27
Foundation For Education To Improve Family Planning Notes to the Financial Statements Year Ended 31 December 2025 lil Provisions Provisions are recognised when the charity has an obligation at the balance sheet date as a re5uII ol a past event. il is piobzble thzt an outflow of economic benefits will be required in setllemenl and the amount can be reliably eslimaled. til Foreign currency Foreign currency tiansactions are initially recognised by applying lo the foreign currency amount the spot exchange rate between the functional currency and the foreign curiency al the date of Ihe transaction. Monelary assels and liabilities denominated in a foreign currency al the balance sheet date are translated using the closing rate. Ikl Taxatlon The charity is an exetnpl charity within the rneaning of schedule 3 of the Charities Act 2011 and is onsidered to pass Ihe tests sel out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore il meets the definition of a charitable incorporated organisalion for UK corporation tax purposes Accordingly, the charity S exempl from taxation in respect of incorne or capital gains to the extent that such income or gains are applied exclusively lo charitable purposes. 111 Going ¢on¢errh The financial statements have been prepared on a going concern basis as the trustees believe that no maleiial uncertainties exist. 'fhe trustees have Considered the level ol funds held and the expected level of income and expenditure for 12 month5 from aulhorising these financial 51aletnenls. The budgeted income and expenditure is sufficient with the level of reserves for the charity lo be able lo continue as a going concern. Income from donations and legacies Yle 31112125 Yle 31112124 Gifts and grants Gift aid reclaimed 85,021 7,839 25,000 92.860 25,000 Income from donations and legacies was £92,860 Cfle 31112124- £25.0001, all of which was attributable to unrestricted funds. 28
Foundation For Education To Improve Family Planning Notes to the Financial Statements Year Ended 31 December 2025 Investment Income Yle 31112125 Yle 31112124 Dividend income Equalisalion Capital gains distribution Interest received 214.862 184 1.507 16,844 4,571,012 45,547 233.397 4.616,559 Analysis of expenditure on charitable activiti05 Charitable activities- Yle 3111212025 Grant funding of Support costs- management Total Cocoa for Schools - Tanzania 381,480 381,480 Fundacion Tejedores de Suenos Costa Rica 181.340 49.130 230,470 School for Hope- Guatemala 132,000 132,000 Aelec VZW Juanfe- Colombia 100.866 100,866 Chase Africa- Kenya 105,275 105,275 Plan International- Sierra Leone 201,366 201.366 Rainbows4childien- Ethiopia 80,297 80,297 The Hubi & Vineiane Foundation- Benin 66,083 Tackle- Zambia 76,987 76,967 Homaar- Belgium 43.373 43,373 FendS of Ibba Girls, School- Soulh Sudan 100.000 100,000 1,469.047 49,130 1,518,177 29
Foundation For Education To Improve Family Planning Notes to the Financial Statements Year Ended 31 December 2025 Analysis of expenditure on charitable activities Icontinuedl Charitable activities- Yle 3111212024 Grant funding of activities Support costs- management fees Total Cocoa for Schoo15 Tanzania 209,594 209,594 Fundaaon Tejedores de Suenos - Cosla Rica 42,697 49.Q20 91,717 School for Hope- Guatemala 20,000 20,000 Actec VZW Juanfe- Colombia 102,503 102,503 School Ajpopoli- Guatemala 57,743 57,743 Plan International- Sierra Leone 126,366 126.366 Akatnasoa- Madagascar 100.791 100,791 659,694 49,020 708,714 All of the above Costs were attributable to unrestricted funds. Govèrnance costs Yle 31112125 Y/e 31112124 Auditor's remuneration Trustees expenses Legal, professional 8nd consullan¢y lees 30.000 28.800 2.141 132,057 128,806 158.806 162,998 30
Foundation For Educatlon To Improve Family PlannSng Notes to the Financial Statements Year Ended 31 December 2025 Analysis of grants Grant anal sis- Yle 3111212025 Grants lo Total Cocoa for Schools- Tanzania 381,480 381,480 Fundacion Tejedores de Suenos Costa Rica 181,340 181.340 School for Hope- Gualerllala 132,000 132.000 Actec VZW Juanfe- Colornbia 100,866 100,866 Chase Africa- Kenya 105,275 105,275 Plan International- Sierra Leone 201,366 201,366 Rainbow54children- Ethiopia 80,297 80,297 The Hubi & Vinciane Foundation - Benin 66,083 66,083 Tackle- Zambia 76.967 76,967 Homaar- Belgium 43,373 43,373 Friends of Ibba Girls, School- South Sudan 100,000 100,000 1,469,047 1,469,047 Grant anal sis- Yle 3111212024 Grants lo Total Cocoa foi Schools- Tanzania 209,594 209,594 Fund8cion Tejedores de Suenos- Cosla Rica 42,697 42,697 School for Hope- Guatemala 20,000 20,000 Aclec VZW Juanfe- Colornbia 102,503 102,503 School Ajpopoli- Guatemala 57,743 57,743 Plan International- Sierra Leone 126,366 126,366 Akamasoa- Madagascar 100,791 100,791 659,694 659.694 31
Foundation For Education To Improve Family Planning Notes to the Financlal Statements Year Ended 31 December 2025 Net income I lexpenditurel for the year Nel income is stated after charging I Icredilingl.. Yle 31112125 Yle 31112124 Ilncieasel I decrease in value of investment in Fund+ NVISA 11,213,599} 5,451,847 Nel Igainsl 11055es on foreign exchange 181,2361 50,634 (Profill I loss on fair value movement and sale of listed investments 11.365.746) 1145,9891 Auditor's remuneration The auditor's remuneration amounts to a lee of £30,000 lyle 31112124 - £28,800). Non-audit fees of £3.600 are shown as part of legal, professional and consultancy fees. Trustees. and key management personnel remuneration and expenses The trustee5 neither received nor waived any remuneration during the y&ar. No Iruslees are accruing pension arrangements. BoaTd rneeling, Iravelling and accommodation expenses of £0 lyle 31112124 £2.1411 were incurred during the year. Gonsullallcy fees of £124,695 12024 - £121,260) were paid lo Sofia BVBA in 8¢cordance with management services agreement entered into with that cornpany. Chris Buyse, the chief executive officer of the charity, is a director ol Sofia BVBA. 10 Staff costs and employee benefits There were no staff costs and employee benefits in the yeai. There were five trustees in the year who were all involved in the governance of the charity. 32
Foundation For Education To lrnprove Family Planning Notes to the Financial Statements Year Ended 31 December 2025 11 Flxed asset investments Listed investments Other investments Total Cost or valuation Al 1 January 2025 Nel additions I Idi5posalsl Revaluation 18.324.167 11,567,661) 1,365.746 29,833.488 926,907 1,213,599 48,157,655 1640,7541 2,579,345 Al 31 Decetllber 2025 18,122,252 31,973,994 50,096,246 Carrying arrounl.. Al 31 December 2025 18,122,252 31,973,994 50,096,246 Gairying atnounl.. At 31 December 2024 18,324,167 29,833,488 48,157,655 The listed investments represent inveslmeiil holdings in funds and securities managed by ABN AMRO Bank NV in Belgium and by J.M. Finn & Co Ltd in the UK. The fair value of listed Investments is deteitnined by ieference to the quoted price of the fund5 and Securities in an active market at the balance sheet dale. Other investmènts represenl the value of the charity's 29.541°/D holding in the share capital of Fund+ NVISA. Ils registered office addres5 is 60 Giool Begijllhof, 3000 Leuven, Belgium. Al 31 December 2025, the aggregate capital and reserves of Fund+ NVISA amounted lo £108.235.991. 12 Debtor5'. amounts falling due within one year 3111212025 31112r2024 Sundry debtors and prepayments 13 Creditors.. amounts falling due within one year 3111212025 3111212024 Accruals and deferred incotne 33
Foundation For Education To Improve Family Planning Notes to the Financial Statements Year Ended 31 December 2025 14 Fund reconciliation Unieslncled lund5 al 3111212025 Balance al 01101125 Income Expenditure Transfers Gains I Ilossesl Balance al 31112125 Unrestricted- 47,963,981 general 326,257 1343,4561 11,607,399) 2,636,743 48.976,126 Desi nated Fund3Gion Tejedores de Suenos Costa Rica Aclec VZW Juanle- Colombia Cocoa for Schools- Tanzania School lor Hope- Guatemala School Ajpopoli- Guatemala Plan Inl. Sierra Leone Akatnas0a- Madagascar The Hubi & Vinciane Foundation Bellin Rainbows 4children Ethiopia Chase Africa Kenya Tackle- Zambia Homaar- Belgium Friends of Ibba Girls, School- South Sudan 227.256 1181,3401 47,380 93,296 198.413 1100.8661 7.192 104,739 332,698 1381.4801 252,513 203,731 530,423 1132,0001 281,000 1,577 681.000 51,091 2,850 53,941 351,366 1201.3661 150,000 79.051 4,409 83,460 208,333 186,0831 7,877 150,127 80,364 180,2971 64.214 167) 64,214 1105.2751 315,815 210,540 176,9671 259,463 182,496 143,3731 87,014 43,641 1100,0001 300,000 200,000 50,022,975 326.257 11,812,503) 2,660,581 51,197,311 34
Foundation For Education To Improve Family Planning Notes to the Financial Statements Year Ended 31 December 2025 14 Fund reconciliation Icontinuedl Unrestricted funds at 3111212024 Balance al 01101124 Income Expendituie Gainb / Ilossesl Balance al 31112124 Transfers Unreslricled- 49.837.393 general 4,641,559 1316,9251 1841,5a41 15,356.4921 47.963,981 Desi nated Fundacion Tejedores de Suellos Costa Rica 316,359 142.6971 146,4061 227.256 Actec VZW Juanle- Colombi8 312,121 1102,5031 111,2051 198,413 Couoa for Schools- Tanzania 451,654 1209,5941 90,638 432,698 chool for Hope._ Guatemala 432,079 120,0001 118,344 530,423 School Ajpopoli Guatemala 112,190 157,7431 13,3561 51,091 Plan Int. Sierra Leone 252,732 0 1126.3661 225.000 351,366 Akamasoa- Madagascar 1100.7911 179,842 79,051 The Hubi & Vinciane Foundation Benin 208,333 208,333 Rainbows 4ohildren Ethiopia 80,364 80,364 51,714,528 4,641,559 1976,6191 0 15,356,492) 50,022,976 35
Foundation For Education To Improve Family Planning Notes to the Financial Statements Year Ended 31 December 2025 15 Analysls of net assets between funds Al 3111212025 Unieslricted fund5 Designated funds Total Fixed Assets Debtors Cash 50,096,246 5,000 11.068.888) 156,2321 50,096,246 5,000 1,152,297 156,2321 2.221.185 Total 48.976.12S 2.221.185 51.197,311 AI 3111212024 Unrestricted luncfs Designated funds Total Fixed assets Cash 48.157.655 1139,0031 154,6711 48,157.655 1,919,992 154,6711 2,058,995 Total 47,963,981 2,058,995 50,022,976 16 Reconciliation of net inrome I lexpenditurel to net cash flows from operating activitie$ Yle 31112125 Yle 31112124 Net income I lexpendilurel lor the year 1,174,335 11.691.552) Dividends received Interest receivable Equalisalion Capital gains distribution IGainsl I losses on investments Ilncreasel I decrease in debtors Increase I Idecreasel in creditors 1214.8621 116.8441 11841 11,5071 12.579.345) 15.0(Kll 1.561 14,596,012) 145.5471 5.305.858 11,155 Net cash flows from operating activities {1,641,8461 11.016,0981 36
Foundation For Education To Improve Family Planning Notes to the Financial Statements Year Ended 31 December 2025 16A Analysis of changes in cash and cash equivalents 01101125 Cash flows Foreign exchange movements 31112125 Cash and cash equivalents 1,919,992 1848.9311 81,236 1,152,297 17 Related party transactions The charity has a 29.541¢/tr shareholding in Fund+ NVISA and a dividend ol £012024- £4,468,528> w85 receivod from Fund+ NVISA during the year The shareholding in Fund+ NVISA was valued al £31,973,994 at 31 Dember 2025. Chiis Buy5e, the chief executive officer ol the charity, is a director of FLJnd+ NVISA. During the year under review, Désiré Collen, a Iruslee. made persori81 donations of £250.00012024 £25.0001 to the charity, of which £200,000 was returned. This does not accord with FEFP'5 governing document. The Iru51ees acknowledge this is an error which will not be repealed. 18 Financial instrument5 The carrying amounts of the charity's financial instrument5 8rÉ as follows.. 31112125 31112124 Financial assets Measured at fair value Ihiough income l expenditure". Fixed assets - listed investrnenls Inole 111 Fixed assets - other investrllenls Inole 111 Cash at bank 18,122,252 31,973,994 1,152,297 18,324,167 29,833,488 1,919,992 51,248.543 50,077,647 Othei a55ets measured at cost I valuation less impairmenl.. Debtors (note 121 5,000 51,253,543 50.077,647 FinanGial liabilities Measured al arnortised cost Creditors (note 131 56,232 54.671 56,232 54.671 37
Foundation For Education To Improve Family Planning Notes to the Financial Statements Year Ended 31 December 2025 18 Financial instruments Icontinuedl The incotne. expenses. net gains and net losses attiibutable the ehaiity's finallcial instruments are sufflmarised as follows.. Yle 31112125 Y/e 31112124 Incom6 ancl fjxp8nse Financial assets measured al fail valufy through nel income I expendituie 2,660,581 (5,356,492) 19 Grantcommitments The Iruslees had commilled lo rrake grant payments lo various proj&¢ts lolalling £2,221,185 at 31 December 2025. These grant payments will be spread over a number of years. They have not been awrued and will be funded by lulure inve51menl income and existing bank balances. 38