',J Foundation THE WASHING MACHINE PROJECT FOUNDATION Charlty Re8lstr•don No. 1193480 Trustees, Annual Report and Flnanclal Statements For the Year ended 19 July 2024
The WashlrE Machine Project Foundation Trustees. Annual Report for the Year ended 19 July 2024 CONTENTS Page Trustees, Annual Report Independent Exarninerfs report Statement of Financial Activities Balance Sheet Notes to the Flnandal Statements iTrii
The Washing Machine Project Foundation Trustees, Annual Report for the Year ended 19 July 2024 ANNUAL REPORT The Trustees present their Annual Report together with the Financial Ststements of the Washing Machine Project Foundation for the Year ended 19 July 2024. The Financial Statements compty with the Charities Art 2011 and the Statement of Recommended Prdctice applicable to Charities preparin8 their accounts in accordance with FRS 102 the Financial Reportlng Standard appllcable In the UK and Republic of Ireland IFRS1021 (effective 20191 OWEcfivES AcfiviTIES AND PERFORMAN The Washing Machine Project Foundation IThVMPF) was incorporated as a Charitable Incorporated Organisation on 10th February 2021. The charity funds artivities to provide relief from financial need or sufferin8 amongst vittims of war or natural or other kinds of disaster, trouble or catsstrophe. The Foundation focuses on funding Ofganisations to undertake research and develop and deploy practlcal solutlons to everyday problems. In the Year to 19 July 2024, the charity secured funding of £239,669 to support its objectives. Most of the funds We the direct result of fundralslng from prlmarlly corporate sources, with smaller indlvldual giving adding to the funds from corporate sources. The main activities of TWMPF during this peri¢)d have been liaising with its corporate partners and 8fdntees and Smprovln8 Its reporting and impact monitorin8 procedures to ensure the appropriate dlstribution of funds in line with the Foundation's objects. TWMPF has no staff and its everyday activities are mana8ed by the Trustees. Trustees have been recrulted for thelr varbous areas of expertlse (Englneerlng, Research, Finan, Busine55 operations and Charity Govemancel. Future recruitment will be through open processes, again recruiting against needs of the Foundation at the given time. The Trustees have been meetlng on a re8ular basls throu8hout the year under review, with change5 in the Board only due to changes in personal circumstanos. Fundralslng Artlvities Corporate Pdrtnershlp5 Most of TWMPF'S funds have been recefved through the Foundatton's three-year Strateglc Partnership wlth the RS Group. a gbbal omnl-channel solutions partner for industrlal customers and suppllers, agreed In Aprll 2021. Thls partnershlp Includes encouraglng the Group's employees, customers and suppliers to contribute through fundrdising and volunteering activities. In the period covered by this rep)rt. a totsl of £203.296 was raised through this partnership. TWMPF is currentty explorin8 the possibility of extending its partnership with the RS Group beyond the current three-year period. It is also in advanced discussions with two otherfunding partners to support its work. Just Giving Individuals and smaller organisations are also able to support the activty of TWMPF through
The Washing Machine Project Foundation Tru5tees' Annual Report ft)r the Year ended 19 July 2024 it's Just Givi8 webpage. Thi5 method has also been used by groups of staff from RS Group to deposit smaller funds from their indNidual or site specific fundraisin8 activity. Receipts from Just GNing were £24,935 forthe yearended 19 July 2024. Other A further £11,438 was raised through other fundraising platfoms and direct donations from individual supporters. GRANT MAKIt4G During the period under revlew, there ha5 been one reclpient of funds - The Washing Machine Project CIC ITWMPI. TWMP is an organisation set up to alleviate the burden of hand washin8 clothes in refugee camps and low and middle-income countries. TWMP has developed land now deployed) an affordable off_grid manual crank washing machine, the Divya. It is the only machine of its kind to be developed for humanttarian purposes and requires no electricity to operate. Handwashlng clothes Is recognlsed 35 belng a major barrier to education for low- income and displaced people around the world, and disproporbonately impacts women and children. This repetitive, demandin8 task, which can tske upwards of 20 hours per week, often also leads to chronic back and }oint pain. The Trustees are expertln8 this relationshlp with TWMP to continue into the next Financial Year. due to the corporate relatlonshlp wlth ps Components. The Foundation Is also working closely with TWMP to tdentffy new Income streams from charitable foundatlons and other corporate partner5. Durin8 the period covered in this report. the Foundation granted TWMP a total of £59,031, wlth a large grant of £224.308 scheduled for October 2024, whh supported the buildin8 of Divya 1.65 machines. Impact of FurKlln8 Through the funding and support given from the Foundation to TWMP the followlng Impacts have occurred in the reportin8 period. Uganda 24 TWMP conducted 2 programs in Uganda, one centred around Kampala, the second focused onthe Southwestofuganda. Inthe case ofboth pro8rams.TWMPworkedwith Inpart Uganda to distribute 28 machines. impacting over 2.200 people. Dtstributions took several forms, from individual households. schools and women's savings groups. These distributions allowed TWMP to explore different modallties and tralning methods and have created a base for TWMP to dellver further programming. Kenya 24 TWMP distributed 5 machines to Shèngilia School in Nairobi. The sthool on the outskirts of Nairobi 5UPPOrts children from famllies that live in the area around the school. They work with local authorities and support children who have been identified a5 being at risk.
The Washing Machine Projett Foundation Trustees, Annual Report for the Year ended 19 July 2024 South Africa TWMP worked in conjunction with Ja8uar Land Rover's Reach initiative to build and distribute ten washing machines to a community in Deipslot in Johannesburg. The program was part of Jaguar Land Rover s efforts to 5UPPOrt the community. The machines have impacted the lives of 500 people. USA Wash day5 TWMP has conducted several events where vdunteers from RS Group. washed homeless people's clothes using a Divya Washing Machine. Working With the True Worth Place Shelter in Fort Worth, Texas, TWMP has positlvety Smparted the Ilves of over 50 people. Dlvya 1.65 TWMP has been workin8 on the development of Divrd 1.65 Since August 2022. The past year has seen the Dlvya 1.65 move Into production wtth over 400 machines produced acr055 multiple locations. This has proven the development Vrk of TWMP to ce a flat pack machine that can be assembled with hand tools. FUTURE PLANS The Foundatlon will continue to support TWMP throu8h Its contlnued strate8lc partnershlp w¢th RS Group. It looks forward to expandin8 Tts impact further in the comin8 year, with the continued development of Divya 1.65 and additional distributions planned. TWMPF will also support TWMP in their efforts to reduce the cost of the Divya by establishing a manufacturing facility in India. The Foundation is grateful for the support of rts partners, voluntèèrs, and donors during the repoffjng period. The combined efforts of the Foundation. TVMP, RS Group, and other partner5 has enabled the succe55ful developmenti prodlI0n, and distribution of Diya 1.65 washin8 mathines to communities in need. The Foundation will continue to focus on research. development. and deployment of practical solutions to everyday problems, helping individuals and communities affected by war, natural disasters. and other catastrophes. FINANCIAL REVIEW Durin8 the reporting period, The Washing Machine Projert Foundation received a total of £239,669 in donations, down from £294,914 in the previous perK)d. The funds came prlncipalty from donations from the RS Group. Expenditure was £61,466 compared to £350,219 in the previous period. £59,031 of this was grants to The Washing Machlne Prolect CIC. Net income/Expenditure in the year was a surplus of £178,516 compared to a deficit of E55.305 in the previous period. This was due tothe timing ofgrants toThe Washing Machine Project CIC with a si8nificant grant1£224,3081 planned for Oct¢Jber 2024. Total reserve5 were £215.766. up from £37,250 in the period to 19July 2023.
The Washing Machine Project Foundation Trustee5' Annual Report for the Year ended 19 July 2024 REFERENCE AND ADMINisfRATIVE DEfAILS Trustees: Oliver Walton (Chairl Judith Stewart (resigned March 20241 Avtar Singh Boparai Iresigned March 20241 Jon Nicholls Siobhan McGrath lappointed March 2024} Usman Mughal (appointed March 20241 Charity Registered Number 1193480 Registered Office Claremount, Darlington Road, Bath BA2 6NL Independent Examiner Funsho Ojo IACAI Brdmpton Servi5 24 Cabot Rise Port5shead Bristol B520 6NX Bankers: Lloyds Bank PO Box l(MJ) BXI ILT Approved bv the Trustees on 14 May 2025 and sned on their behalf bv: Oliver Walton Chairman
The Washing Machine Project Foundatlon Independent Examinerfs Report forthe Yearended 19 July 2024 I report to the Trustees on my examination of the accounts ofThe Washing Machine Project Foundation 1.the Foundatlon") for the year ended 19 Jury 2024. Responsibilities and basls of report As the Charity Trustees of the Foundation you are responsible for the preparatlon of the accounts in accordance with the Charities Art 20111-the Acf). I report in respect of my eyamlnatlon of the ChariiWs accounts carried out under section 145 of the Act and in carrying out my examlnatfon I have followed all the applicable directions given by the Charity Commission under Section 14515llbl of the Act. Independent Examinerfs Statement I have completed my examlnatlon. I confirni that no matters have come to my attention In connectton wlth the examlnatfon whtch glve me cause to belleve that In any mater5al respect: 11 Accountin8 records v not kept in respect of the Foundation or 21 The accounts do not accord with those accounting records. I have no concerns and have come across no other matters in connection with the examlnatfon to which attention should be drawn In thls report In order to enable a proper understsndlng of the accounts to be 3¢hed. Funsho Ojo AG4 Brampton Services 24 Cabot Rise Portishead Bristol Dated: 14 May 2025
The Washln8 Machine Proiect Foundation STATEMENT OF FINANCIAL AcnvmES (INCLUDING INCOME & EXPENDMJRE ACCOUNn forthe year ended 19 July 2024 Unrestrfrted General Funds 2024 T¢)tsl FurMIs 2024 Total Funds 2023 Note Income and endowments from". Grants and donations Investments Total Income and endowments 239.669 313 239,982 239,669 313 294,914 239.982 294,914 Expenditure on: Charitable Activities Total expenditure 61,466 61,466 61,466 61,466 350,219 350,219 Net Incomellexpendlture) Not mov•rn•nt In funds 178,516 178.516 178.516 178.516 155,3051 155,3051 Reconclllatlon of funds: Total Funds brought fon¥ard Total Funds carrled lorward 37,250 215,766 37,250 215,766 92,555 37,250 ContSnuln8 Oporatlons: None of the charty's attivities were acquired or discontinued during the year. Total recognlsed plns Jnd losses The charity had no recognised gains or losses other than the net resourees expended in the year.
The Washlng Machine Proiert Foundallon 8ALANCE SHE AT 19 JULY 2024 2024 2023 Current Assets Debtors Cash at bank and in hand 195 216,421 179 37,921 Credltors: Amounts falllng due wlthln wlth5n one year. 18501 18501 Net Current assets 215,766 37,250 Net Assets 215,766 37,250 Charfty Funds Unrestrlrted General funds Total funds 215,766 215,766 37,250 37,250 These financlal statements were approved by the Trustees on 14 May 2025 and are slgned on thelr behalf bv.. Oliver Walton Chairman The notes on pa8es 10 and 11 forni part olthese flnand•l ststsments
The Washing Machine Projert Foundation NOTES TO THE FINANCIAL sfATEMENTS YEAR ENDED 19 JULY 2024 l. Accountln8 wlicies al Basls of preparation The accounts have been prepared in accordance with Accounting and Reporting for Charities.. Statement of Recommended Practice applicable to charites preparing their accounts in accordante with Financial Reportin8 Stsndard in the UK and Republic of Ireland IFRS1021- Charities SORP. b) Legal Status of the Charlty The Charity is a Charitable Incorporated Organisation registered with the Charity Commission on 10 February 2021 cl Fund Accountlng General Funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general oblertives of the charity and whlch have not been deslgnated for any other purpose. dl Income All income 15 included in the Statement of Financial Artrvittes when the Char¢ty's legal entrtlement to the income is probable and the amount can be quantified with reasonable accuracy. e) Expenditure Expendlture is recognised on an accruals basis as a liability is Incurred. fj Debtors Short term debtors are measured at transartion price Iwhich is usually the invoice pricel less any impairment losses for bad and doubtful debts. g) Credltors Creditor5 and provlslons are recognlsed where the charrty ha5 a present obligation re5utting from a P15t event that will probabty result in a transfer of funds to a third party and the amount dye to settle the obllgation can be measured or estlmated reliably. 2. Net Incomellexpendlturel for the year 2024 2023 Thi5 IS stated after charging: Accountancy fees Independent examiner'5 fees Trustee meeting expenses 250 250 500 144 Number of trustees reimbursed for their out of pocket trustee meeting expenses: 2024.1 {2023:11. No Trustee received any remuneratlon dudng the year. 3. Expenditure 2024 2023 Grants are payments to The Washin8 Machine Project CIC for use in developing washing machines that can be used in humanfcartan sttuations. Insurance Other costs 59,031 712 1,723 61,466 348,000 737 1,482 350,219 io
The Washing Machine Project Foundation NOTESTO ThE FINANCIALSTATEMENTS IcoimNUEDI 4. Dèbt0r5 2024 2023 Prepayments 195 179 S. Creditors: Am¢)unts fallin8 du• wlthln onè yÈar 2024 2023 Accruals 850 850 6. Related party tr•n5actlons There were no related party transactions in the year ended 19 Juty 2024 or the year ended 19 Juty 2023. li