Charity registration number 1199440 (England and Wales)
WAYMAKER INTERNATIONAL
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
WAYMAKER INTERNATIONAL
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Mr Andrew Robinson |
|---|---|
| Mr Peter Robinson | |
| Mr Ian Little | |
| Ms Nicola Tasquier | |
| Mr Jonathan Brydon | |
| Mr Graham Pyman | |
| Charity number (England and Wales) | 1199440 |
| Principal address | 23 Hazel Close |
| Southwater | |
| Horsham | |
| West Sussex | |
| RH13 9GN | |
| Independent examiner | Staines and Co |
| 235 Foxhall Road | |
| Ipswich | |
| Suffolk | |
| IP3 8LF |
WAYMAKER INTERNATIONAL
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 11 |
WAYMAKER INTERNATIONAL
TRUSTEES' REPORT
FOR THE YEAR ENDED 30 JUNE 2025
The trustees present their annual report and financial statements for the year ended 30 June 2025.
The financial statements have been prepared in accordance with the accounting policies set out in the below notes to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
Objectives and activities
Our mission is to make a way where there is no way for the poor, sick, marginalised, uneducated, and displaced by creating a community committed to generating and sharing personal and corporate wealth to help balance an unbalanced world.
The objects of the CIO are, for the public benefit:-
To advance the Christian faith in such ways and in such parts of the United Kingdom and the world as the charity trustees from time to time may think fit;
To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services in such parts of the united kingdom or the world as the charity trustees from time to time think fit; and To advance education in such ways and in such parts of the United Kingdom or the world as the charity trustees from time to time may think fit.
Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Financial review
Reserves policy
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
Structure, governance and management
The charity is a CIO - Charitable Incorporated Organisation.
The trustees who served during the year and up to the date of signature of the financial statements were:
Mr Andrew Robinson
Mr Peter Robinson
Mr Ian Little
Ms Nicola Tasquier Mr Jonathan Brydon
Mr Graham Pyman
The company's current policy concerning the payment of trade creditors is to follow the CBI's Prompt Payers Code (copies are available from the CBI, Centre Point, 103 New Oxford Street, London WC1A 1DU).
The company's current policy concerning the payment of trade creditors is to:
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settle the terms of payment with suppliers when agreeing the terms of each transaction;
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ensure that suppliers are made aware of the terms of payment by inclusion of the relevant terms in contracts; and
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pay in accordance with the company's contractual and other legal obligations.
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WAYMAKER INTERNATIONAL
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
The trustees' report was approved by the Board of Trustees.
Mr Andrew Robinson Trustee
Mr Jonathan Brydon Trustee
14 January 2026
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WAYMAKER INTERNATIONAL
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF WAYMAKER INTERNATIONAL
I report to the trustees on my examination of the financial statements of Waymaker International (the charity) for the year ended 30 June 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Staines and Co
235 Foxhall Road Ipswich Suffolk IP3 8LF 15 January 2026
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WAYMAKER INTERNATIONAL
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income from: Donations and legacies 3 70,583 136,536 Investments 4 339 - Total income 70,922 136,536 Expenditure on: Raising funds 5 12,298 - Charitable activities 6 - 110,453 Total expenditure 12,298 110,453 Net income and movement in funds 58,624 26,083 Reconciliation of funds: Fund balances at 1 July 2024 71,544 (44,391) Fund balances at 30 June 2025 130,168 (18,308) |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 207,119 41,216 85,319 339 129 - 207,458 41,345 85,319 12,298 8,351 - 110,453 - 100,377 122,751 8,351 100,377 84,707 32,994 (15,058) 27,153 38,550 (29,333) 111,860 71,544 (44,391) |
Total 2024 £ 126,535 129 |
|---|---|---|
| 126,664 | ||
| 8,351 100,377 |
||
| 108,728 | ||
| 17,936 9,217 |
||
| 27,153 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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WAYMAKER INTERNATIONAL
BALANCE SHEET
AS AT 30 JUNE 2025
| Notes Current assets Debtors 10 Cash at bank and in hand Creditors: amounts falling due within one year 11 Net current assets The funds of the charity Restricted income funds 13 Unrestricted funds 14 |
2025 £ 248 116,115 116,363 (4,503) |
£ 111,860 (18,308) 130,168 111,860 |
2024 £ 430 29,885 30,315 (3,162) |
£ 27,153 (44,391) 71,544 27,153 |
|---|---|---|---|---|
The financial statements were approved by the trustees on 14 January 2026
Mr Andrew Robinson Trustee
Mr Jonathan Brydon Trustee
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WAYMAKER INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1 Accounting policies
Charity information
Waymaker International is a Charitable Incorporated Organisation.
1.1 Basis of preparation
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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WAYMAKER INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1 Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.7 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
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WAYMAKER INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
1 Accounting policies
(Continued)
1.8 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Income from donations and legacies
| Unrestricted Restricted funds funds 2025 2025 £ £ Donations and gifts 49,884 136,536 Gift Aid 20,699 - 70,583 136,536 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 186,420 34,901 85,319 20,699 6,315 - 207,119 41,216 85,319 |
Total 2024 £ 120,220 6,315 |
|---|---|---|
| 126,535 |
4 Income from investments
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Interest receivable | 339 | 129 |
| Expenditure on raising funds | ||
| Unrestricted | Unrestricted | |
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Fundraising and publicity | ||
| Support costs | 12,298 | 8,351 |
5 Expenditure on raising funds
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WAYMAKER INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
6 Expenditure on charitable activities
| Grants made | Grants made | |
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Direct costs | ||
| Staff costs | 27,880 | 2,263 |
| Grants paid | 82,573 | 98,114 |
| 110,453 | 100,377 | |
| Analysis by fund | ||
| Restricted funds | 110,453 | 100,377 |
7 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
8 Employees
The average monthly number of employees during the year was:
| Employment costs Wages and salaries Other pension costs |
2025 Number 1 2025 £ 25,869 2,011 27,880 |
2024 Number 1 |
|---|---|---|
| 2024 £ 2,095 168 |
||
| 2,263 |
There were no employees whose annual remuneration was more than £60,000.
9 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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WAYMAKER INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
| 10 Debtors Amounts falling due within one year: Trade debtors 11 Creditors: amounts falling due within one year Other taxation and social security Other creditors Accruals and deferred income 12 Retirement benefit schemes Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes |
2025 £ 248 2025 £ 1,634 1,969 900 4,503 2025 £ 2,011 |
2024 £ 430 2024 £ (126) 2,388 900 3,162 2024 £ 168 |
|---|---|---|
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
13 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At | 1 | July 2024 | Incoming | Resources | At 30 June 2025 | |
|---|---|---|---|---|---|---|
| resources | expended | |||||
| £ | £ | £ | £ | |||
| (44,391) | 136,536 | (110,453) | (18,308) | |||
| Previous year: | At | 1 | July 2023 | Incoming | Resources | At 30 June 2024 |
| resources | expended | |||||
| £ | £ | £ | £ | |||
| (29,333) | 85,319 | (100,377) | (44,391) |
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WAYMAKER INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
14 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 July 2024 | Incoming | Resources | At 30 June 2025 | |
|---|---|---|---|---|
| resources | expended | |||
| £ | £ | £ | £ | |
| General funds | 71,544 | 70,922 | (12,298) | 130,168 |
| Previous year: | At 1 July 2023 | Incoming | Resources | At 30 June 2024 |
| resources | expended | |||
| £ | £ | £ | £ | |
| General funds | 38,550 | 41,345 | (8,351) | 71,544 |
| Analysis of net assets between funds | ||||
| Unrestricted | Restricted | Total | ||
| funds | funds | |||
| 2025 | 2025 | 2025 | ||
| £ | £ | £ | ||
| At 30 June 2025: | ||||
| Current assets/(liabilities) | 130,168 | (18,308) | 111,860 | |
| 130,168 | (18,308) | 111,860 | ||
| Unrestricted | Restricted | Total | ||
| funds | funds | |||
| 2024 | 2024 | 2024 | ||
| £ | £ | £ | ||
| At 30 June 2024: | ||||
| Current assets/(liabilities) | 71,544 | (44,391) | 27,153 | |
| 71,544 | (44,391) | 27,153 |
15 Analysis of net assets between funds
16 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
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