CE CHRISTIAN ENGINEERS IN DEVELOPMENT Sharing skills. changing lives CHAISTIAN ENGINEERS -DEVELOPMENT CHRISTIAN ENGINEERS IN DEVELOPMENT A group for Service in Developing Countries Annual Report and Accounts 2024125 For the Year Ended 31 st March 2025 Unaudited but Independently Examined Registered Charity No. 293734 Company No. 1980353 1111111111 AE8Y6fffjY* 141081202S COMPANIES HOUSE A19
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Chrlstlan Engineer5 In Developmenl IA Charitable Company limrttd by guarantee) Index Trustee5' Rewt
7 Indepent Examiners Report Statement of Finar*ial Acti"e$ 8alwKe Sheet 10 11-16
Chrlstian Engineers in Development IA Charitable Company limited by guarantee) emalively known by Is worftirwJ name fED" Registered UK Charty Numtor 293734 Company R¢gi$traliM Nwnber 1980353 Lydo IAill T010 9JL Corrnspondent and Se¢ret Mrs B Brigho Lyia Mill Swth Br• TQ10 9JL Banke HSBC 94 East st1 CIN¢hester West &ssex P019 IHD ABSA Bank Uwda Ilot 16. Kampalg Road PO Box 2971 Kampak4 UgarJa Klependent Examlnpr Martin Borradaile ACA Dodd & Co L¥ntted Chwtered Itants FIFTEEN Montgomery Way Rosehll IlUstrIal Eslate Carlisle Cumbna CA12RW
CHRISTIAN ENGINEERS IN DEVELOPMEKr {A Charitable Company limiied by guarantee) TRUSTEES REPORT The Trustso8 Iwtho #rn al80 Dlrnctorn fer Purym oflhÈ Companles A¢tl wesent their #nnual report and accothits for the year ended 31st March 2025. REFERENCE AND ADMINISTRATIVE DETAILS chrisb.an Engineers in De¥elopmÈnt is a Chanty registwed in En9d and l•Vale5 * 15 also registered as a Company limlte(I by guarantee. The Trust••s ofth• Charfty and tht Oirnclorn offv Ch¥itabk Company for the year 2024tt5 were." Colin David GIBSON- Chairof Trustees Jornathan APPLEBY- CEO and Chaff off ExectrtNe Conynee David Willarn BEAK- Tr88Sur Barbara knne 8RIGHOUSE- Socrnlary Robert Wiliam BRIGHOUSE Or Richard FRANCEYS Or Sam Mbaziira KAYAGA lappointed 6 Febgry 2025} we no other Trustees seryed durin9 the year. STRUCTURE. GOVERMANCE AMO IAAIIAGEMENT Govomkng Documerts The Chaiitable Compwy is go¥eme¢J by". The Memorandum ofAsxKiation ol Chri5twi EThj¥18 in Devewnent dated 19th December 198S. The Artle$ of Asso¢batTh ol Chnsthan Er¥Jineer5 De¥eknpment dated 19th De¢emb¢r 1985. Thefe a no restrictsons to operatKJns mentioned In the Goveming Dc¢uments. Appolntment of Tru81••8 Tnjstees are Ltsually apwntsd temFL)rarity by the Board ol Trustees. sh appointments to be rntified by Ihe rnember5hip of the Charrfatde Company at the Annual General Meeting fcltovmg sh an aPFoirrtment. Trustees may a150 be dected from Ihè membership of the Charrty * Annval General Meetings One Ihird of Lhe Trustees retire each year bLrt are eligible for re-decIn at knual General IAeelin9 in the ytar that they retirè. In accordancè with the Arltdes of Assc¢ialKJn, Jonathan Appleby and Dav#J Beak retyed by rotatr.on at the Annual General Meetlng on 5th Octoter 2024. They re both wilh'wvj to stsnd a9oMI •ThJ TA* re-elected. Tiuètsè tr•lnln9 #nd Induclion The Trustees seek to reftect the needs ar aims of Ihe thwity 115 bowd. akng more tra¢Jrtional business and chaiity m?nagemenl skills. timited ind4Klion 15 Pro lo new Truslees snce they are drayn from the CED membèrship. Organisatoonal Struc10 The Twslee 8oard compiises the CEO of the Executive Committee. the Treaswei, the Secretary and ekcted non- execulive direct¢xs. The Boartl 1$ t11red by a non-eXeile der. Cc4in Gib%)n took over as Chaw from Robert 8nghouse on 6 Felyuary 2025. The EXe0've Cornnwttee comwtses a CEO and Char. the Treasurer, the Secretary and CED mernbers takwvj voluntary rotes in oF0ratn$ and adMInrat)n. The Charitat4e Company 15 managed by bts voluntsry Trustees. as a group. but wrth individuals tsking roles a$ Chair, Treasurer and Seuetary. Major dtcisiofts are nornaly taken at the Trustees. methn9s, which Consider future strategy. receive inlormatrijn on progress against plans, an(J respoThl to issues arising. Urgent decisions are taken by cOnsUtion been the officers and any TrLtee in¥c4¥pd the matter under con5vJeotion. Decisions lated to ongoing operatAins administration are dekgate¢l to the Execubve Crffimltee.
CHRISTIAN ENGINEERS IN DEVELOPMENT (A Charitab Company. limiled by grantee) TRUSTEES REPORT Contin Twslee$ Meetings The Board of Trustees nt four limes Ihe year. Urthlerthè tenns Athle8 ofASSc"ath. Twstees, Ser¥eS ar¢ unpaid. Rtsks The Trustee Board and Execubve Commitlee cary (rtrt a revmv ofthe risk register at each meetiThJ. Overseas travel remains an area of risk, bul member5 on ¥Jsts tske out the qred insurance and risk 8ssessments are ¢arried oul. As regards OleCt cost overwns. the Proje( Fund provKles a good dewee of re5ew¥e cover. ?nO care now taken in proied term$ and ¢ondilions not to a¢¢ept open ended liatill. Tnto•8' R•sponsibllrti•s Company law requires Trustees to prepare acccxmts for each ffinancial year that give a true fair of the stale of affraits of the Charrtable Company and the Tr)coming and rxrtgory resources ofthe charitab Company for that period. In preparry th&8e financtral slatements the TteeS are requwed to". Select suitable accfjunting policies 8TrJ apply them o)n5iStenlly, make judgements and estima$ that are reasonable aThJ prudenL obseN8 appIlble A¢eountir¥J Standards. prepare the fInarlat statements on the goirvJ cc•icem basi5 unss it is inappYopn to presume thatthe Charitabte Cornpany will contnue its aciivitses. The Trustees are respon$ible for keepj.ng proper •Lxwnlin9 ie¢¢ts th dis¢bse th sonable acc¥acY at any time the financ1 position of the Charitable Company arwJ enable them to ensu that the cnts compty vitlh the Companies Acl 2006. TY are also les[•s1be for safeguarding the assets of the Charitable Company and for iaking reasonabk step5 for the weventK¥n and dete(ai¢)n of frawl wvj other ¥rewlarilips. Purp¢> GED'S primary putpose Klenlified by the Dffectors in September 2016 arKI confkmed in Febwary 2020. is as folloNbs.' CED lsts lo demon$tra(• the lov• ol Chrtst by en•èlthg chtrS with •nqin••thg andalll•dsWs to h•lp the POOTesl communitse& Valu•s and Way ofworklng Almost al a¢livities afe ¢arried out by Tnjstees and members ¢)n a %vluntary basis. This ¢o¥ers both the management of the charily and the eThJineering ser¥tts that are offered. Members can be paid lees for project to recognize loss of ewniThJs and fees are paid to the CED engineering Tepresentative in Uganda. Values are important lo Ihe and to the indNthal member5 GED m•ntsins integrity Bnd pM1$10nal $landard$ th ts advisory bvork. rts organisalA)nal managemem and rts behaviours. It has a strong chrfsh.an eth)s- demonstraung a faithful commrtmentto serv thout seeking lo inpose t11 faith on others. CED is open to operaling in partrrstrHp with peowe of all faiths none. Its appToath is to with local commvnities- prowding technical support and #d¥e rel on the acti¥e uhYA¥Èmertt of l(vl to bwld the omfflership and aNJtyng ¢ommitment essential for Sustsinability. A wde ran of poliues are in place CludIng Cc•ffltct ol Interes( Bribery. Grfts and Hosprtalty. Safeguarding, Travel and Subsistence, Diversity. Data Protection, Sock?1 Me(lia, Env1rorunen. Equal Opportunities. Comptsints and Whistlebbving, in addrtion to a Code of CorKluct. Polic5 are regularfy revbee. The Trustees confim that they are satisfied th8tthey have •1 all times rrd to Ihe Charrty Ccrfnmi55w's guidance (m putlic bwfft. ACTIVITIES ANO FUTURE PERIODS The princ1 activity of the Charttable Ctxnwy in Ihe yeares the rew of poverty #nd di8tre53 #fKI Ihe WenIn of dFSease WorkI.lde thrwh the aK41calic of eIneering skiN5. IWeT ¥&ith the of the Chrlslian lalth. This was xlved by.. Ihe use ofenwneery artd le¢hnt¢al th"Ils and exp1ise. affangin9 for personnel with relevant lechntil skiLts to opere olher oryaniS¥ln$ in confteclion 7th dev•lopment projects. invitin9 ¢ontributons and OpWn9 for tovots the c051 of proieds thK1ertaken in tre fvrtherance of the chtable purposes ol CED, prin1 and publishin9 booklets and other literature and W9ms1r# di5YS publ1un9 the 4bYJrk of CED. COryoperth"on *ith ¢knr oratIonS hamrg simdar objectives to CED.
CHRISTIAN ENGINEERS IN DEVELOPMENT IA Ch?rilaUe Conwny l¥nite(I by 9uantee} TRUSTEES REPORT ¢onllnued CED Wd5 aclivfr durin9 the year in Siwrn Leone, Tanzanra and Uganda, w)rkir¥9 Fn association with local partnèr orga115?tions. ThrghoUt the year we have tAryked the Cortructln of a malc¢ ry0¢t in Siefta Leone 1$ $ub$tantsally compltrte, Mlh spOnbrtY fr)r commissK)ftiry nthv handeil to our kKal partner. Typi¢ally. CED provides techAcal a5SiStancè rth invesb"gat¥)ns. sehtrne development and design. contract maDagement and commis&oning. Where necessary it tMII heFp wth securing Pfoied finance. CED now has an established record of enabling and directing sh development schemes in a nwnbèrol poorer nMne$ that have Improvefl the lives ol lar9e numlws of people. A go Èxarnp of¥that can be xhwed can be seen in the favorable impacts on the h'ves ol communibes in Tanzania there. YJrkry closety six dboceses, CEO'5 Rainwater Harvesting programme has seen over 40 masons trdined arHI almost 300 tanks bwng buitt and has demon$lratsd real improvements for the most diSaantaged peoF4e a1 the wider eommunrty. Since it's Launch wi 2024 the'Tap Iw¥ining" initi?tive has WQVKle(l fvnding for over 100 lanks a19 the fmatKial suslainabilrty of this programme. Principal Funding S(wr¢•s and ExwTrdi¢ur Income mèmbers and support¢rs. together ¢)ther unrestrKted dOrtratiS. is used to maintain CED'S adMl$tratIOn and provi(k finance kn engineering servKs offered to cknt charitatde and churth org3nisations at litt iy no charye. At the reqt of clienls CED also secures dedicated fundirvj frotn various gF3nt giving both'es. ranging from govemmenlal organisaiions to ¢hwittes. for the ervjineering woiects that it supervises. En9ineeYing Operations CED rnernbers were able to travel o¥tyS cL¥nWeting vFits to Ugard8. In aditn CED Execub"ve member lan Rankin has been based in Tanzania in a private ¢apa¢rty and Phdip Tlxnderana has cCffltiTrL as the CED representative in Uganda. ThFS has faohlated on pr¢)Ject dè¥elopnent. evaluatJn and enabled progress to be made wilh BUPPOrt of local pather5. Exwnples InchJde:. Tanzania". Flainwater harvesting YMkshops Cthityrtd usir#J a team of previously traimd ffrker8 ¥&ilh fin¥ncial $vb5idies being offered towards constyuctton matwiat cosls fw tsI£44.494). Engineering athce. supervision and was wowided for drillng and commFssioniNJ ngw well at Gods Love S¢hooVOrphana9e {£5,2071 peM$ton and ifistsllth.on 0frepleM pts was ftx a small hydroelectric scheme at Kuluva Hospital (£2,353) Project RTranelng Extemal fijnding ts being sought from m"n9 todies lor a b7lley tk woied in Kikalsi Uganda. The 8oarO was gratefvl to receive donations frcm indi¥M1uas, churches and ¢harth5 for Ihe R3inwer Harting programme in Tanzania and the Tank building and home inprovement woieca in R%Yanda. Note 13 det&ls morw prov¥Jed from Genernl Funds £17.0(MJ aThY DtsKjrled Funds £27,007. The restricted lund bèiance relate5 lo morw alreaty in harnl for The gest amount * 31° Maf¢h 2025 reL4ted to the batan¢e of SECMA 9iani1£21,5191.
CHRISTIAN ENGINEERS IN DEVELOPMENT (A Ch•rrtable Company limited by guarantee) TRUSTEES REPORT conlknued Logacy Fund The Trustees We very grateftjl to recei¥e in 2D17 a legacy of £161.712 friyn the late William 8eak wkno had been CED Supportef. No strIc110ns ¥e FAaced on the use of Ihe rnney. bul it is most kety to bè used kn SUPP(rt project work overseas. Tl Bowd has set up a designaied fvnd so lh thg uso ol the money ts separately awunled for. (Ses Note 13 ofthe Accourts) FINANCIAL REVIEW O¥ornll Financi•l Situ4ti0 The finance¥ ol CED have been in a strong poskn ¥in¢e rtteipt ofthe gacy. The levèl ol donations Irom supwters and olher rmIal donors rna1ned at a Ixgh level. The generosly of maT irvjividuals, churches and charrfies that regulady SUFPOrt us is greally ¥alued. Activity ove(seas reaSed Te schemes ab to proceed with the support ol lo¢al $uww'on. The Board ond Exe¢ub"vÈ meth.ngs vre gÈnÈralty held online lyjt in person meetngs are at kast onc• a year in addition to the AGM. Local member meeitngs 7Atre limrted those held being either in person w online. Generalty the Costs of managir8 the chanty arn kept h)w as most athty is underlaken on a vJluntary basL8. Re5eTves The Trustees, poIY is to hold at kast £10.000 in uStneted funds as a'rnVe" reseNe to provmle a tThking balance and meet any unexpected decreases in ilccrfne or wKreases in rumin9 costs. Tte tar9Èt vel was athwed at the year end vknen free reserves stood at £10.077. In the light of $1 financing Èxperience. the Projed Fund was e$tsblished in 2011 to provide.. Temporary financin9 of projects to deveb)pment costs to be incurred ahead of fundra15K. A balance ol lund$ available to finance any future proJe(a overspends (a'capitaf reserve). The money raised and allocated to Ihi5 fund is dered as to be used for woied PU95eS, and 50 the Fund has been ckssified as • de&gnated lund to demonstrate its use for that purpose. The baLarte on this Fund was reduced MI 202112022 as the size of schemes now being undertaken does I1 vrdrrant having so muth in hand to prow¢Je for possiblè overSpendg. Total SelveS at 31 March 2025 were £138.378 (2024 £156,266). (See Note 13 of the AccounlS} F¥tur• Dlr•ction and Strategy In Septemter 2016 the DirectOTS took tvne away to reviewthe pulpose of CED and its futtjre ytr8tegy. A sulAle, bLrt significant, change of emphasis was made lo the WIrn purpoge of the chanty Thè prevwjus f¢xus as an ovBr$eos 8eMce organisation was modifd to recognise the Uniq fil110 of CED offerin9 CM"stians the opportunily to use their $kilL% to benefrt the poty. That purpose VAS c0nfirnd at a fvrther Board strategy revievé in February 2020 and 15 $t out on Page 4. The Board considered the present perf(MmarKe of CED in Febuary 2020 and Wude thal il was ¢ontenl wmh the Current size modus oper¥n(th. There w35 rK) reqrement to try lo grnw. There re advanta9•s in bèing small. espectally the •bility it give¥ to ¥e and MataIn dose associats.ons wrth the pecole vkno conlribule to its wo. The ¢hanty does, however, neèd to understand and react to changes Tr) its operating environment. Thought continue$ to be given to the use of %)ckil media to rea( a wder allenCe. There seems liwe prospect. hE¥er, of gaining any signffjcant benefrt from online fuThJraisin9. Mt)re emstssiS i¥ bein9 Wt on mitiyiNJ the environmental impad ol CED'S actlwtS t(Jth at horne and over5ea5. PartKLdar effcrt has been devoted lo di55eminaling lethni¢al knOedge and exPeriee. Talks. Mrre ¥)n¢¢ agaNI hekl Ihe >*ar.
CHRISTIAN ENGINEERS IN DEVELOPMENT IA Charrtable Cornpany limrted by guarantee) TRUSTEES REPORT conlfv Speclfic Investment Pol These are as cJVine(l in the memOrdltyTr of Ass0cmkn. 3B (v). {vNlI and may be summa0 as.. to borrow monèy and charge prcperty such a manner as shall bt deemed expedienL to invest any money belonging to. or held on tru51 in such a manrr as may be perrnilte(I by L4w, to aCf>Jmate so far as permitted by law 811 or part of tt in by in¥estr"ng the same ar the resulting income Ihereon. to vest any assets tn a cust(Jian Tntslee or nc¥ninee resthnt in the U.K. and entrust the of such assets to any person on such temis as thwJht fft. Nole.. The Company is eslallished fcf charitable pwposes onty profv incomè shall be heK1 and applie(I for those purpose5 only. R•¥utts The results fef yèar, the stale ofth• Chantth Company's and the woposed transfer frcffj resgrves shown in the attached accounts. Sm•ll Company Provisions In pparing this report tr Trustees have taken ad¥anlage of spetsal exempl$ Appkoble to sm•ll ¢ompanies provided by part 15 of Ihe Companies Acl 2006. y Order of the Board C Gibson- Oirn¢tc Trustee
CHRISTIAN ENGINEERS IN OEVELOPMENT
IA Chantoble Company hMId by giwantee)
Indep•ml•ftt examlMVs r•port to th• m•mb•rs of Christian Engirws in Oevthwnènt
I report on Ihe accounts of the company forfv year ended 31 March 2025. tiich are sel out on pages 9 to 16.
R•$p•¢tivo ¥espcwibilIti Of tryst••s and •xzmin•r
The trustees {vtho are also the directors of the ccnpany for the puryx)ses of cOMnY lawl are re$ponsible for thè
preparnb.on of the accounts. The trustees COnder that an audii 15 not required for Ihi5 year undti section 144121 of
the Charities A(a 2011 as amended by the Charilies A¢t 2022 (tt 2022 A¢tl and that an independent examinatton ts
needed.
Having 5ab"sfied myselfthat th¢ chanty 1$ not $uti&d to audil under Part 16 Llthe Comwies Acl 2006 and 15 eligible
fgr indepeThlent examinatKJn, It is my spOnslI)itY to..
examinè thè aeeouni$ under se¢bon 145 of the 2011 Art"
loKow thr pro¢edures the Genernl Directio 9i¥en by the Charfty CommissJn under section
145 {51 {b) of the 2011 ACL and
stste thether particuL¥ matt¢rs ha¥e come to my attention.
B¥$is of bnd•p•nd•nt •xamln8fs rèport
y examination vras carried c¥Ji in acc(¥dance Wffjth t1 Gerwal Directions by Ihe Charity Commissioh. An
examination includes a rewew of the xcovntin9 records kepl by thè tharity a comparison of the aceoLFnts
presented th Ihose records. It ¥l$o inGlud¢s nsIderation of any unu$ual rtem$ or
CHRISTIAN ENGINEERS IN DEVELOPMENT IA Chari18lJe Compary l¥nrted by STATEMENT OF FINAILIAL ACfVITIES FOR THE YEAR ENDED 31st MARCM 2025 Uwwesttsted Restncted NrAes Fu FuThls Toial 2025 Total 2tY24 Ineome and endtMmeni#from . DonalKTh and legleS 21.6( 46,128 ,734 50.846 Charitable xliiAtie 500 47.() olr 5.741 6.052 7.5B7 T¢)l•l 21.919 5.741 74,286 105.U Exp•nditur• On: Rain9 knd$ 675 675 1.254 Chaiimble xtimii 4.184 87.315 91,499 123.$45 Tot•l 87.315 92.174 124.799 Net Income I lexpendTrlurpl IT.) 5.741 140,689) 117.888) {19.368) Trand•n b•iwe•n fund8 117.(W I27.7} 14et mowrngnt In fiwxl• i,2) 3.318 117.8881 {19.3681 R•¢one4i•tion of fund T1 IxwgN frywwd 10.017 1(Q.178 44.073 156.286 17S.632 Tolal fvnds caryi¢d forward 14 10,077 .910 47,391 138,378 156.266 The Notes page$ 11 lo 16 •Jwm F•t oftls¢
CHRISTiAN ENGINEERS IN DEVELOPMENT (A Chaft"tatle CThnpany lTrniled by teel R4¥stwed (Jwty fr). 293734 Company 1. 19W353 &4LANCE SHEI AT 319t MARCH 2015 2024 Cwrent Assets Dtblers ar#t payments i) HSBC Treasurer Acccxrd HS8C Morw Managw ACC EWIth c0$11 Fwd Furwjs in Uganda Kampala.. ABSA B UgwKla Cash in hand 10 306 14.IJOD 121096 136.505 20.oc 136,355 157,037 872 25$ 116 264 139.938 15B,482 Lii&lies'. amowrt$ 14 ithin (Th year 11 P,2181 Net Current Asse1s 138.378 156,266 14 138,378 1,268 Funds Unrestricled general DesvJnaled hJThJs Restricted bJnds 13 13 13 10.077 80,910 47.391 138,371 10.017 102.176 44,073 156.266 1 the yw er#l8d 31st 2QS Ihe compary TtsS Wrtilbj to exemoion from atyjit uTrJer section 477 of the Companies Act relirwJ lo smau ¢tynppnies th'rectors. rÈsponsibllitis.' . The memters he FW)t r•qwrnd the ccrfnp¥ty lo obt•n rfits acc¢wnl$ ffi)r the yew in question in accL¥dance Secti 476 . The treOr$ ackts)ledge thwr ré5F5ItrA"lltlès tcomN¥j vrith thè r8qLKrementS Lrf the A¢t tmth respECt lo aceountiNJ recL¥ts and Fxeparation oFacctyJnts. 2 These accounts been KYepare¢l in with the [m$SOn5 at4)licable 10 companies subj1 to the special kYtyi5iw6 in 15 oftre Comwdes Act 2[ Telaliry 10 srnall ¢cYnpalles. fMarval Statliert$ Ere aFsYo¥ed ty the BoJd OfTlee5 2AJ 2CQ5 aFKI were signvj on its bf ty.. DWBeak The Ktstss crf p890$ 1110 16 Lrftheso wxKrt$ 10
CHRISTIAN ENGINEERS IN DEVELOPMENT Charitable Company limrted by 9uaianteel IIOTES TO THE ACCOUNTS- 31st MARCH 2025 I ACCOUNTING POLICIE a. Basis of Countr.j The financial statements have teen prepared aCcordae with Acco14rj and Reporting by Charities. Statemènt ol Recommended Pr3thice applble to ¢h#ntiey prepariTrJ their aCCOLmts in cOlanCe wth the Financial Reporting Standard appfi¢ablé in thè UK and RepubtK of Ireland IFRS 1021 leffe¢tNe January 20191- (Chanties SORP {FRS 102)). the Financial Rert1Th9 Standarij applble in the UK anLI Rewbli¢ of Irdand IFRS1021 artd the Cornpanie Act 2006. b. Incom• DOTra1)n6 and aCleS Inc11•n9 donatio1. gifts. and grants that WO¥Kle m fvnding or are of a general Dature 1$ ¢)gnIsed where thefe is entrfement. it 1$ ythbte that the inrne lll be re¢ei¥ed arxj the amount can be measu ith Sufficient reliabilty. IrKome from Government and olher gwants. whether'caprtal. ants or.e, grants. is reuniSed when Ihe chanty has entthement lo the funds, any perlorrna condib"(rf attadd to the grants have been mèl, li is probable that th in¢ome will b¢ TtIVe0 and the aMLXw can b• measured and is deferred. c. Taxation Ccxnwy is a registered chanty (number 293734} 8r#l accorrfIng is exemptffom am fomis of dw•ct lax•tn. d. Expendrtur¢ All expendthre. inthdin9 expenditure to moifrcm reslricted funding. is recognised tho IAbility r$ Y¢uri¢d. When funding h8$ been rtwved the expenditure has not tse incurred the fuThJs are cwried forward as restricted reseryts. e. that10n of costs Expendrture does not di1Y refate lo the obJ'ecii¥es ollhe Chantablè Company is analysed as either attn"butsble to Costs of generating funds or wvemance costs. GovemancE costs inclLbJe the costs assoc>ated ith meetiThJ the constitrjtional Stati requirelnIS of the charity. inGlJding p0rtsng accountants. fees aThJ the costs of strate9ic management of charity. Costs are alkncat¢d to feftectth use oflhe resour¢e. Support costs invdve more than one category are appNtThd to cosl categori•s as apwopriate. f. Foreign ¢urrtn¢y ¢onvernion UgaThJa Shilling trarsacth)ns, assets aThJ liabilths denominated in SlIng$ are converted to sterfing at a swigle exchange rate based on th¢)se exFwIeed the year. Small differences arisir¥J from variations in aciual exchange rates are irKowporated into the c05ts proiects in Uganda. g. Gn9 conc•m The Trustee5 are satisfd Ihat CED ha$ sUfflent funds arKI resouw av#l•ble to ertyure Ihat rt can meet its, current project eoffthitments and can ccffitlr its. operatims lor the foreseeable ftrture. 11
CHRISTIAN ENGINEERS IN DEVELOPMENT {A Chathabje Comparry limtte(I by gwartee) NOTE8 TO THE ACCOUMTS - 31st h 2025 h. Fixed assets and deprecialK)n Fixed assels that ¥e prObd in owseas bewTr frThJeO iry d(W Orgarisalicfis anthor CEO I1. CLNnYeIt oftwects, be nded ov lo kKal crynmunit48s ry ¢omrnLThIy organisa¢ions. not c•tali5etL Assets wwchasèd Tth a cost OT 8 ceed1ftg £I,IJOO ar¢ eapitali$ed. aw9 ¢ntty no wtalised items Ireai&J as assets. An inrrtory is maintained of rnYtrCalied I1S i. Uryestricted knds Urvpstricted lunds * (lonati(wts. and other reswre•s reeeTh grat general fiJnd5. j. DeSnated ndS Cstgnated fiJnds a sums sei aside by the Truslees frjr a specrfc purp)5e. The 8eak Legacy Fund aryj the Pr(¥ect Fund been eslab&slRd by the Ttee5 ar¥J rel8rTed to in t Twstee's Rewt (Pages 5 & 6) k. Restiieted fvnds ReSIted funds we to te used ts SFec pwmes as laid dwi by Expwthure meets these ciiteria 15 charged to t fimd t(Wlw with a fair alotation cmanagemenVsuppJrt costs. l. Resources exF•thd ResrceS are experkjed cffi leCts in dvdoping wunlries in pwWu5hrp wilh lo¢al or other organisatrtin5. Sorne tw¥Js fr)[ WDiects are prom.ded wisatis f(Ilrhw'ng insliWions PfoF(6as s¥brnitled tyy D. the fvnthr¥J 15 bund frun restricted or the Proie¢t Fund. kncome repentS moneys receid from apWs. granls. eoI and siirpyter5' drwIl¢. membe. sscrIptIonS 3Th1 Grft Aid rlmed. Oftt incixne in 2024 £34.289 l¥ed to unfftstrieted knds and £71.144 to fiymts. Ihestricted RestriGled Furmts Funds Funds Totsl 2025 Tdal 2Q4 Ctssts assockqted eNinwir#J w$.. Retainef paid Eqwphment arnl Matla[S Projecl operatic)s Trdlel lirt int1¥ Golemance costs Athnini5tRli txpe 1.781 ).(fj5 53.166 1.761 1.781 77.796 34.140 4.897 3.159 .772 123,$45 53.166 2.323 2.020 2.164 1164 4.184 87.315 InclLJed in charilat tiiibes £1,761 (2024 £1.781) thch relaied to fees Pa to the Uganda esentati. Retainer ld. equryhnerrt arnl mthials arnl k¥oiect OFwalions are dirnct costs of acliiitl8s in furiherance of Ihe Chwitable Ccrfnpany obieclis. Tra1 and a(knirrislratp expenses SVPFrf)rt costs thich been allocat enlirdy to II¥s c05t C3tegrry Sir these ¢osis rgl¥te lo svpwrting the works. Olthe exFJrture in 2024. É4.931 red lo urwestrtcted fvnds 8nd £118,614 lo $ted fiwKfs. 12
CHRISTIAN ENGINEERS IN DEVELOPMENT Chantatle knpany limited by wararrtee} IKITES TO THE ACCOUKIS - 3181 202S Tol•l 2025 FuTrJs 2024 Vveb sit• Prfnting publKity materis 163 1.091 1.254 All cosls of rwsirvJ fwKts we dirEct Cts. 01 in 2024, £1.254 rdated to unresliicted ljrth aKI £nil to reslTiCted 675 f75 NAE CO Tolal Tot 2tr24 FuTrJs Meetin9 CCts Ie{¢r#r4 Examl 7S9 2.4) 2.020 3.159 Al costs clg)wnxe a tknct costs. Of the exwjitwe in 2024. £3.159 rded to unrestricted knds arKI £nrf to res¢rKted fi¥¥Js. Tntstees. tr1 expetW Bc4rd meetirss Tware reimtrx¥s•J £400 (2024 £nir) Trustees. tra expw6es tr (5e8$ pyr41 ?4sits vme reimtwsed £1.464 for 1 Trustee (2024 £2,151 ts 1 T[tee) The Memorandum ofAs$I¥l1cffj oftl Frnent ofary sy fpe to Tw$lees fLY Ihwr 8eThi¢es as TrLk4lees ¥t*eif aftw 2024 Independert Exa)w$ Fees 2.4C 13
CHRISTIAN ENGINEERS IN DEVELOPMENT P4 Charilable Compary limrted by gwwtt•e) NOTES TO TIE AccouNfs - 31st Mar¢h 2025 Totsl 2025 Total Rai$in9 ndS Chblable actmlies 675 67$ 91.499 1.761 123,$45 1.761 .413 91174 124.799 Ofthe expendrture in 24, £1,254 related to wyestncted tr•Js ¥J £123.018 to restncled Jnd5. 202S SECMA CH a1 HH Taylty Tnkst 47.CKiI 51x1 47.IXKI Ofthe income in 21r24, rdated to urestricled and £47.(m to restricle(I funds. 10 WThIN AR 2Q26 2025 2024 AccnAIs 2.216 2,216 12 IE There were r caprtal conyfirtments c at 31st lknch 21>25 or 31st March 2024. 14
CHRISTIAN ENGINEERS IN DEVELOPMENT IA Charitable Comwy limLted by guararrteel NOTES TO THE ACCOUNTS . 318t IA•rth 2025 13R ILiA F MOVEME N F DS 1st ArAiI Ioulwryl 3111 Alar¢h 2025 Genernl 10.017 21.919 14.859) {17.Ixi)I 10.1177 Balare Moment In rse5 Balance 1st Awil INJ (Oul?>) 31•t AAah 2ff24 2025 Wilfiam Béak Legacy Projecl Fts)d 82.101 20.075 1a2.176 4.813 1,128 5.741 125. I1,2) 127.L 60.907 20,003 10.910 Further int¥rnatt these p•¥s 5 B. 8alarv Mthemerrt in restyJFces Trdnskns Bala¢¢ 151 Awil NrvJ IOutgL•ThJI 31st Mar¢h 2025 Proie¢t 44.073 46.828 187.31SI 44.O)7 47.391 At 31sl March 2ff2S restricted Smds Ied £21.519 tieiTrJ b3knce of SECMA m fvrKkng SieTra Leone (Manowol and RWH Pr£#3MMe (T¥Qaral, the CED toard fill ¢J"scrdioTh and aonOmY on the split tsft to surt the restttlThe proiecl needs. The Mancwa project rKry1iSi of wèr and 5atiitatth Ixiliti&s frx Ihe lIage thnugh thilliwJ ofbyeholes. pumF4rKJ. piFNrva a1 SioTing wer accessed thrcwh lap IntS, aThJ the buik"TrJ 0flairir. RWH prcgarnme Inw1 trainÈng and plS)n ofsubsKly agan5t Ik conslwct)n costs. Of irKcffiellextnditwel in 2024. £34.2891¢6.185) fdatéd to urweStrfict £71.14411£118,614) io stCted ffijnds. BE EE NDS The for111ng tiartslws belween &JTrJs We rnade.. Frorn Unrestncted Funds . in Tanzanw IRWH prf$e) £5.8[1. U9 {KulLAO. Kagando, (k#Js L¢M Selth, Kikatsi aThJ Vf411(tated) £11.2 From 1he Le9aGy FuThJ- in ranva (RWH wogramrnel £21.286 ar¥1 in {Saltya V&Jal £5.. h addrtirm £156 six ¥KDiS. Frurn the Pro1t Fd- lo Legacy É1,2thJ Qo rethKe to agreed reseTht 15
CHRISTIAN ENGINEERS IN DEVELOPMENT (A Chaiilable Company limrted by guarartee) 14OTES TO THE AGcouNfs . 3191 March 2025 14 NETA Fi¥1 assels knstmerts Olr 355èt5 lkntrfctwj fijnds 10.077 10.017 10.910 102.176 90.987 112.193 47,J91 44.073 138,371 156.2e6 Ce5i9nul Total unrestricted ResIle bjnds Tot81 Fund8 al 31s1 March 2024 01 incomwlexpenditwe) in 2024. £34,28W(fB.185) rd*ed to w¥estitl knnds arnl £71,14411£118,814) to triCted fijnds.