## **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD 1 APRIL 2024 TO 31 MARCH 2025**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
_Charity name_ **URGENT PROJECTS**
_Registered company number_ **14752294 (ENGLAND AND WALES)**
_Charity registration number_ **1204315**
**Registered office** Fourth Floor 32 St James’s Street London SW1A 1HD
## **OBJECTIVES AND ACTIVITIES**
## **SUMMARY OF THE PURPOSES OF THE CHARITY AS SET OUT IN THE GOVERNING DOCUMENT**
The Charity’s objects are restricted specifically, in each case only for the public benefit:
- I. to assist with humanitarian and/ or environmental emergencies and disasters whether man-made or natural, to ensure that assistance and funding is provided quickly at times of crisis, conflict or disaster in the United Kingdom and worldwide; and
- II. to promote the protection and care of children, young persons, youths and other vulnerable persons anywhere in the world (without differentiation on the ground of race, gender, colour, nationality, sexuality or otherwise) who have been abducted, gone missing, taken hostage or have been otherwise exploited.
The trustees have reviewed the Charity Commission’s guidance on public benefit and confirm that the Charity’s activities during the year were carried out in furtherance of these charitable objectives.
## **SUMMARY OF ACTIVITIES AND PUBLIC BENEFIT**
During the reporting period, Urgent Projects focused primarily on **humanitarian and medical aid in Ukraine** , responding to the urgent needs of civilians and medical institutions affected by the ongoing war.
The Charity concentrated on:
- supplying **life-saving medical equipment** to hospitals and emergency units,
- supporting paediatric, oncology and intensive care facilities,
- assisting **local authorities and volunteer organisations** operating in frontline and recently liberated areas,
- supporting vulnerable children and displaced families through targeted aid.
All projects were delivered in cooperation with verified hospitals, municipal institutions, charitable foundations and volunteer organisations in Ukraine.
## **KEY PROJECTS AND ACHIEVEMENTS**
## **Medical equipment and hospital support**
Urgent Projects funded and delivered a wide range of medical equipment to regional and municipal hospitals, including but not limited to:
- endoscopic and diagnostic systems,
- surgical and laparoscopic equipment,
- plasma and low-temperature sterilisers,
- intensive care beds and emergency medical devices,
- haemodialysis, imaging and anaesthesia-related equipment.
Beneficiaries included clinical hospitals and emergency medical institutions in **Kyiv, Kharkiv, Kherson, Zaporizhzhia, Odesa region, Bucha and other regions** , significantly improving hospitals’ capacity to provide urgent and specialised care.
## **Support for children’s hospitals and paediatric care**
Several projects were dedicated specifically to **children’s clinical hospitals** , including the provision of medical supplies, consumables, diagnostic equipment and essential items required for paediatric treatment and recovery.
These interventions directly contributed to improved treatment conditions for children affected by war-related injuries, displacement and lack of medical resources.
## **Humanitarian and community support initiatives**
In addition to medical aid, the Charity supported:
- volunteer-led logistics initiatives,
- charitable foundations assisting displaced families and children,
- targeted humanitarian projects aimed at restoring dignity and basic living conditions for civilians in conflict-affected regions.
## **ACHIEVEMENTS AND PERFORMANCE**
The trustees consider that the Charity has had a **significant positive impact** during the year. By focusing resources on critical medical and humanitarian needs, Urgent Projects helped:
- save lives through improved access to medical treatment,
- strengthen overstretched healthcare systems,
- support vulnerable children and civilians during an ongoing humanitarian crisis.
The Charity’s approach prioritised **speed, transparency and direct delivery** , ensuring that funds were used efficiently and for their intended charitable purposes.
## **FINANCIAL REVIEW**
The Charity received income from donations and grants, which was applied to charitable activities in line with its objectives.
Expenditure during the year primarily related to:
- purchase and delivery of medical equipment,
- humanitarian aid supplies,
- essential administrative and operational costs necessary to support charitable delivery.
At the end of the reporting period, the Charity held reserves considered appropriate by the trustees to ensure continuity of operations and the ability to respond to future emergencies.
## **RESERVES POLICY**
The trustees aim to maintain a prudent level of unrestricted reserves sufficient to:
- meet ongoing operational commitments,
- allow the Charity to respond quickly to urgent humanitarian needs,
- ensure financial stability in an unpredictable operating environment.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Charity is governed by its Articles of Association and is a company limited by guarantee.
The trustees are responsible for the overall governance and strategic direction of the Charity.
The trustees meet regularly and review financial performance, risk, and project delivery.
## **TRUSTEES’ REMUNERATION AND EXPENSES**
No trustee received any remuneration or benefits during the reporting period. No trustees’ expenses were paid.
## **RELATED PARTY TRANSACTIONS**
There were no related party transactions during the reporting period.
## **DECLARATION**
The trustees declare that they have approved the Trustees’ Annual Report for the period ended 31 March 2025.
Signed on behalf of the trustees:
**----- Start of picture text -----**
Signature
Full name Eka Vekua
Position Chair
Date 11.02.2026
**----- End of picture text -----**
**REGISTERED COMPANY NUMBER: 14752294 (England and Wales) REGISTERED CHARITY NUMBER: 1204315**
Report of the Trustees and
Unaudited Financial Statements For The Year Ended 31 March 2025
for
Urgent Projects
Danbro Accounting Ltd Jubilee House East Beach Lytham St.annes Lancashire FY8 5FT
Urgent Projects
## Contents of the Financial Statements For The Year Ended 31 March 2025
|||Page||
|---|---|---|---|
|Report of the Trustees||1||
|Independent Examiner's Report||2||
|Statement of Financial Activities||3||
|Balance Sheet||4||
|Notes to the Financial Statements|5|to|7|
|Detailed Statement of Financial Activities||8||
Urgent Projects
## Report of the Trustees For The Year Ended 31 March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
14752294 (England and Wales)
## **Registered Charity number**
1204315
## **Registered office**
Fourth Floor, 32 St James’S Street London SW1A 1HD
## **Trustees**
E Vekua Chair R Shishkov E V Matveichuk L Chubuklieva
## **Company Secretary**
## **Independent Examiner**
Danbro Accounting Ltd Jubilee House East Beach Lytham St.annes Lancashire FY8 5FT
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ E Vekua - Trustee
Page 1
Independent Examiner's Report to the Trustees of Urgent Projects
## **Independent examiner's report to the trustees of Urgent Projects ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
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:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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 accounts to be reached.
Talhah Saudi The Association of Chartered Certified Accountants
Danbro Accounting Ltd Jubilee House East Beach Lytham St.annes Lancashire FY8 5FT
Date: .............................................
Page 2
Urgent Projects
## Statement of Financial Activities For The Year Ended 31 March 2025
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**231,201**
**EXPENDITURE ON**
Raising funds
2
**15**
**Charitable activities**
Fund Raising
**263,291**
**Total**
**263,306**
**NET INCOME/(EXPENDITURE)**
**(32,105)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**39,558**
**TOTAL FUNDS CARRIED FORWARD**
**7,453**|**Year Ended**
**31.3.25**
Restricted
**Total**
fund
**funds**
£
**£**
**-**
**231,201**
**-**
**15**
**-**
**263,291**
**-**
**263,306**
**-**
**(32,105)**
**-**
**39,558**
**-**
**7,453**|Period
23.3.23
to
31.3.24
Total
funds
£
88,915
34,163
15,194
49,357
39,558
-
39,558|
|---|---|---|
The notes form part of these financial statements
Page 3
Urgent Projects
## Balance Sheet 31 March 2025
|Unrestricted
Restricted
fund
fund
Notes
£
£
**CURRENT ASSETS**
Cash at bank
**7,453**
**-**
**NET CURRENT ASSETS**
**7,453**
**-**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**7,453**
**-**
**NET ASSETS**
**7,453**
**-**
**FUNDS**
5
Unrestricted funds
**TOTAL FUNDS**|**2025**
**Total**
**funds**
**£**
**7,453**
**7,453**
**7,453**
**7,453**
**7,453**
**7,453**|2024
Total
funds
£
39,558
39,558
39,558
39,558
39,558
39,558|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
- The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. E Vekua - Trustee
The notes form part of these financial statements
Page 4
Urgent Projects
## Notes to the Financial Statements For The Year Ended 31 March 2025
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. RAISING FUNDS**
## **Investment management costs**
|||Period|
|---|---|---|
|||23.3.23|
||**Year Ended**|to|
||**31.3.25**|31.3.24|
||**£**|£|
|Administrative expenses|**15**|69|
continued...
Page 5
Urgent Projects
## Notes to the Financial Statements - continued For The Year Ended 31 March 2025
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the period ended 31 March 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the period ended 31 March 2024.
## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**EXPENDITURE ON**
Raising funds
**Charitable activities**
Fund Raising
**Total**
**NET INCOME**
**TOTAL FUNDS CARRIED FORWARD**
**5.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**|Unrestricted
fund
£
82,326
27,574
15,194
42,768
39,558
39,558
At 1.4.24
£
**39,558**
**39,558**
Incoming
resources
£
**231,201**
**231,201**|Restricted
Total
fund
funds
£
£
6,589
88,915
6,589
34,163
-
15,194
6,589
49,357
-
39,558
-
39,558
Net
movement
At
in funds
31.3.25
£
£
**(32,105)**
**7,453**
**(32,105)**
**7,453**
Resources
Movement
expended
in funds
£
£
**(263,306)**
**(32,105)**
**(263,306)**
**(32,105)**|
|---|---|---|
continued...
Page 6
Urgent Projects
## Notes to the Financial Statements - continued For The Year Ended 31 March 2025
## **5. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|||Net||
|---|---|---|---|
|||movement|At|
|||in funds|31.3.24|
|||£|£|
|**Unrestricted funds**||||
|General fund||39,558|39,558|
|**TOTAL FUNDS**||39,558|39,558|
|Comparative net movement in funds, included in the above are as follows:||||
|**Unrestricted funds**|Incoming
resources
£|Resources
expended
£|Movement
in funds
£|
|General fund|82,326|(42,768)|39,558|
|**Restricted funds**||||
|Restricted Fund|6,589|(6,589)|-|
|**TOTAL FUNDS**|88,915|(49,357)|39,558|
|||||
## **6. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2025.
Page 7