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 #13 Chrlstlan Engineer5 In Developmenl IA Charitable Company limrttd by guarantee) Index Trustee5' Rewt >7 Indepe￿nt 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$traliM Nwnber 1980353 Lydo IAill T010 9JL Corrnspondent and Se¢ret Mrs B Brigho Lyi*a Mill Swth Br• TQ10 9JL Banke HSBC 94 East st￿1 CIN¢hester West &ssex P019 IHD ABSA Bank Uwda Ilot 16. Kampalg Road PO Box 2971 Kampak4 Ugar*Ja Klependent Examlnpr Martin Borradaile ACA Dodd & Co L¥ntted Chwtered I￿￿￿tants FIFTEEN Montgomery Way Rosehll I￿lUstrIal Eslate Carlisle Cumbna CA12RW CHRISTIAN ENGINEERS IN DEVELOPMEKr {A Charitable Company limiied by guarantee) TRUSTEES REPORT The Trustso8 Iwtho #rn al80 Dlrnctorn fer Purym￿ oflhÈ Companles A¢tl wesent their #nnual report and accothits for the year ended 31st March 2025. REFERENCE AND ADMINISTRATIVE DETAILS chrisb.an Engineers in De¥elopmÈnt is a Chanty registwed in En9￿d and l•Vale5 * 15 also registered as a Company limlte(I by guarantee. The Trust••s ofth• Charfty and tht Oirnclorn offv Ch¥itabk Company for the year 2024tt5 were." Colin David GIBSON- Chairof Trustees Jornathan APPLEBY- CEO and Chaff off ExectrtNe Conyn￿ee David Willarn BEAK- Tr88Su￿r Barbara knne 8RIGHOUSE- Socrnlary Robert Wiliam BRIGHOUSE Or Richard FRANCEYS Or Sam Mbaziira KAYAGA lappointed 6 Feb￿gry 2025} we no other Trustees seryed durin9 the year. STRUCTURE. GOVERMANCE AMO IAAIIAGEMENT Govomkng Documerts The Chaiitable Compwy is go¥eme¢J by". The Memorandum ofAsxKiation ol Chri5twi EThj¥￿18 in Devewnent dated 19th December 198S. The Art￿le$ 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. s￿h appointments to be rntified by Ihe rnember5hip of the Charrfatde Company at the Annual General Meeting fcltovmg s￿h 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-decI￿n 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 Struc￿10 The Twslee 8oard compiises the CEO of the Executive Committee. the Treaswei, the Secretary and ekcted non- execulive direct¢xs. The Boartl 1$ t￿11red by a non-eXe￿il￿e d￿e￿r. 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 oF0rat￿n$ and adMIn￿rat￿)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 cOnsU￿tion be￿￿en the officers and any TrL￿tee 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 g￿rantee) TRUSTEES REPORT Contin Twslee$ Meetings The Board of Trustees n*t 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 ￿q￿red 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￿. Tn*to•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 T￿￿teeS are requwed to". Select suitable accfjunting policies 8TrJ apply them o)n5iStenlly, make judgements and estima*$ that are reasonable aThJ prudenL obseN8 appIl￿ble A¢eountir¥J Standards. prepare the fInar￿lat statements on the goirvJ cc•icem basi5 un*ss it is inappYopn* to presume thatthe Charitabte Cornpany will contnue its aciivitses. The Trustees are respon$ible for keepj.ng proper •Lxwnlin9 ie¢¢*ts th* dis¢bse th ￿sonable acc￿¥acY at any time the financ￿1 position of the Charitable Company arwJ enable them to ensu￿ that the ￿c￿nts compty vitlh the Companies Acl 2006. T￿Y are also les[￿•s1b￿e for safeguarding the assets of the Charitable Company and for iaking reasonabk step5 for the weventK¥n and dete(ai¢)n of frawl wvj other ¥rewlarilips. Purp¢> GED'S primary putpose Klenlified by the Dffectors in September 2016 arKI confkmed in Febwary 2020. is as folloNbs.' CED ￿lsts lo demon$tra(• the lov• ol Chrtst by en•èlthg ch￿tr￿S with •nqin••thg andalll•ds*Ws 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 t1￿1 faith on others. CED is open to operaling in partr*rstrHp 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. Polic￿5 are regularfy revbe￿e￿. The Trustees confim that they are satisfied th8tthey have •1 all times r￿rd to Ihe Charrty Ccrfnmi55w's guidance (m putlic bw*fft. ACTIVITIES ANO FUTURE PERIODS The princ*1 activity of the Charttable Ctxnwy in Ihe year*es the rew of poverty #nd di8tre53 #fKI Ihe We￿nI￿n of dFSease WorkI.￿lde thrwh the aK41calic￿ of e￿Ineering skiN5. IWeT ¥&ith the of the Chrlslian lalth. This was xl*ved by.. Ihe use ofenwneery artd le¢hnt¢al th"Ils and exp*1ise. affangin9 for personnel with relevant lechntil skiLts to oper*e olher oryaniS¥l￿n$ in confteclion 7th dev•lopment projects. invitin9 ¢ontributons and OpW￿n9 for tovots the c051 of proieds thK1ertaken in tre fvrtherance of the ch￿table purposes ol CED, prin1￿￿ and publishin9 booklets and other literature and W9￿ms1r#￿ di5￿YS publ1u￿n9 the 4bYJrk of CED. COryoperth"on *ith ¢knr or￿￿atIonS hamrg simdar objectives to CED. CHRISTIAN ENGINEERS IN DEVELOPMENT IA Ch?rilaUe Conwny l¥nite(I by 9u*antee} 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. Thr￿ghoUt the year we have tAryked ￿ the Cor￿truct￿ln of a malc¢ ry0￿¢t in Siefta Leone 1$ $ub$tantsally compltrte, Mlh ￿spOn￿b￿rtY 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 s￿h development schemes in a nwnbèrol poorer ￿￿nM￿n￿e$ 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$lratsd real improvements for the most diSa￿antaged peoF4e a￿1 the wider eommunrty. Since it's Launch wi 2024 the'Tap Iw¥ining" initi?tive has WQVKle(l fvnding for over 100 lanks a￿1￿9 the fmatKial suslainabilrty of this programme. Principal Funding S(wr¢•s and ExwTrdi¢ur* Income mèmbers and support¢rs. together ¢)ther unrestrKted dOrtrati￿S. is used to maintain CED'S adM￿l$tratIOn and provi(k finance kn engineering servK*s offered to cknt charitatde and churth org3nisations at litt￿ iy no charye. At the req￿t 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¥ty￿S cL¥nWeting vFits to Ugar*d8. In a￿dit￿n 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. evaluat*Jn and enabled progress to be made wilh BUPPOrt of local pather5. Exwnples InchJde:. Tanzania". Flainwater harvesting *YMkshops Cthityrt￿d usir#J a team of previously traimd *ff*rker8 ¥&ilh fin¥ncial $vb5idies being offered towards constyuctton matwiat cosls fw ts￿I£44.494). Engineering athce. supervision and was wowided for drillng and commFssioniNJ ngw well at Gods Love S¢hooVOrphana9e {£5,2071 peM$ton and ifistsllth.on 0frepl*eM￿ p*ts 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 t￿k woied in Kikalsi Uganda. The 8oarO was gratefvl to receive donations frcm indi¥M1uas, churches and ¢harth5 for Ihe R3inw*er Har￿ting 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 DtsKjr￿led 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 ￿r￿mI￿al 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 v*re 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, poI￿Y is to hold at kast £10.000 in u￿￿Stneted funds as a'r￿nVe" reseNe to provmle a t*Thking 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 de￿r￿ed as to be used for woied PU￿95eS, 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 I￿1 vrdrrant having so muth in hand to prow¢Je for possiblè overSpend￿g. 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 modif*d to recognise the Uniq￿ fil￿110￿ of CED offerin9 CM"stians the opportunily to use their $kilL% to benefrt the poty. That purpose VAS c0nfirn￿d at a fvrther Board strategy revievé in February 2020 and 15 $*t out on Page 4. The Board considered the present perf(MmarKe of CED in Febuary 2020 and W￿ude￿ thal il was ¢ontenl wmh the Current size modus oper¥n(th. There w35 rK) req￿rement to try lo grnw. There ￿*re advanta9•s in bèing small. espectally the •bility it give¥ to ¥￿￿e and Ma￿taIn dose associats.ons wrth the pecole vkno conlribule to its wo￿. The ¢hanty does, however, neèd to understand and react to changes Tr) its operating environment. Thought continue$ to be given to the use of %)ckil media to rea(* a wder a￿llenCe. There seems liwe prospect. h￿￿E¥er, of gaining any signffjcant benefrt from online fuThJraisin9. Mt)re emstssiS i¥ bein9 Wt on mitiy*iNJ the environmental impad ol CED'S actlwt￿S t(Jth at horne and over5ea5. PartKLdar effcrt has been devoted lo di55eminaling lethni¢al knO￿edge and exPerie￿e. 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 c*JVine(l in the memOr￿dltyTr of Ass0cmkn￿. 3B (v). {vNlI and may be summa￿0 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 manr*r as may be perrnilte(I by L4w, to aCf>Jm￿ate 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 p￿paring 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 hMI￿d by giwantee) Indep•ml•ftt examlMVs r•port to th• m•mb•rs of Christian Engir*ws 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•$p•¢tivo ¥espcwibilIti￿ Of tryst••s and •xzmin•r The trustees {vtho are also the directors of the cc*npany for the puryx)ses of cOM￿nY lawl are re$ponsible for thè preparnb.on of the accounts. The trustees COn￿der 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 $uti&d to audil under Part 16 Llthe Comwies Acl 2006 and 15 eligible fgr indepeThlent examinatKJn, It is my ￿spOns￿lI)itY to.. examinè thè aeeouni$ under se¢bon 145 of the 2011 Art" loKow thr pro¢edures the Genernl Directio￿ 9i¥en by the Charfty Commiss*Jn 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 my attention.. which glves me rèasoroble cause to b￿￿ve Ihat in any malerial resped the req￿TeMents.. lo keep acujunb.ng records in a¢coTdance wrth seuion 386 of the Companies Act 2006., and to prepare accounts ￿1¢h accord t*7th the accoLmling records. comF4y with the awountsng w1u1￿MentS of section 396 of Ihe Companie$ A¢t 201% and Ihe fflethod5 and prirtipJ8s ofth• Statement of Re¢ommended Prxtre". Accounkng and Rewtry by Chanbes have not been met.. or (2) to vknich. in my opinton. attent￿n sIK￿j be dra￿ in lo enable a proper und¢rstsndM)g olthe acc¢unl$ lo be fea¢hed_ Signed..-... Mwiin BoTradaile ACA Oodd & Co Limiied Chartered Accovntsnts FIFTEEN Montwery Way Rosehill Industrial Estate Carlisle Cijmbria CA1 2RW 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 leg￿leS 21.6( 46,128 ,734 50.846 Charitable xliiAtie 500 47.(￿) ol￿r 5.741 6.052 7.5B7 T¢)l•l 21.919 5.741 74,286 105.U Exp•nditur• On: Rai￿n9 knd$ 675 675 1.254 Chaiimble xtimii 4.184 87.315 91,499 123.$45 Tot•l 87.315 92.174 124.799 Net Income I lexpendTrlurpl IT.￿) 5.741 140,689) 117.888) {19.368) Trand•n b•iwe•n fund8 117.(W I27.￿7} 14et mowrngnt In fiwxl• i,2￿) 3.318 117.8881 {19.3681 R•¢one4i•tion of fund* T￿1 IxwgN frywwd 10.017 1(Q.178 44.073 156.286 17S.632 Tolal fvnds caryi¢d forward 14 10,077 .910 47,391 138,378 156.266 The Notes ￿ page$ 11 lo 16 •Jwm F•t oftl*s¢ 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￿ EWI￿th c￿0$11 Fwd Furwjs in Uganda Kampala.. ABSA B* UgwKla Cash in hand 10 306 14.IJOD 121096 136.505 20.oc 136,355 157,037 872 25$ 116 264 139.938 15B,482 Li*i&lies'. amowrt$ ￿1￿4 *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 T*tsS Wrtilbj to exemoion from atyjit uTrJer section 477 of the Companies Act ￿ rel*irwJ lo smau ¢tynppnies th'rectors. rÈsponsiblliti*s.' . The memters h*e 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 t￿re￿Or$ ackts)*ledge thwr ré5F*￿5ItrA"lltlès t*com￿N¥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$SOn5 at4)licable 10 companies subj￿1 to the special kYtyi5iw6 in 15 oftre Comwdes Act 2[ Telaliry 10 srnall ¢cYnpalles. fMar￿val Stat￿liert$ ￿Ere aFsYo¥ed ty the BoJd OfT￿￿lee5 ￿ 2AJ 2CQ5 aFKI were signvj on its b*￿f 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 ￿ aCcorda￿e with Acco￿14r￿j and Reporting by Charities. Statemènt ol Recommended Pr3thice appl￿ble to ¢h#ntiey prepariTrJ their aCCOLmts in ￿cOl￿anCe 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 Re￿rt1Th9 Standarij appl￿ble in the UK anLI Rewbli¢ of Irdand IFRS1021 artd the Cornpanie Act 2006. b. Incom• DOTra1￿)n6 and ￿aCleS Inc1￿1•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 in￿rne *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 reu￿niSed when Ihe chanty has entthement lo the funds, any perlorrna￿ condib"(rf￿ attad￿d to the grants have been mèl, li is probable that th* in¢ome will b¢ T￿tIVe0 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•t￿n. 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 di1￿￿Y 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￿ requirel￿nIS 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 appNtTh*d to cosl categori•s as apwopriate. f. Foreign ¢urrtn¢y ¢onvernion UgaThJa Shilling trarsacth)ns, assets aThJ liabilths denominated in S￿lIng$ are converted to sterfing at a swigle exchange rate based on th¢)se exFwIe￿ed the year. Small differences arisir¥J from variations in aciual exchange rates are irKowporated into the c05ts proiects in Uganda. g. G￿n9 conc•m The Trustee5 are satisf*d Ihat CED ha$ sUff￿lent 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 prOb￿d in owseas bewTr frThJeO iry d(W Orgarisalicfis anthor CEO I￿1. 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$ed. aw9 ¢￿￿ntty no wtalised items Ireai&J as assets. An in*rrtory is maintained of rnYtrCa￿lied I1￿*S i. Uryestricted knds Urvpstricted lunds * (lonati(wts. and other reswre•s reeeTh￿ ￿ g￿rat general fiJnd5. j. DeS￿nated ￿ndS C*stgnated fiJnds a￿ sums sei aside by the Truslees frjr a specrfc purp)5e. The 8eak Legacy Fund aryj the Pr(¥ect Fund been eslab&slRd by the T￿tee5 ar¥J rel8rTed to in t Twstee's Rewt (Pages 5 & 6) k. Restiieted fvnds ReSI￿ted funds we to te used ts SFec* pwmes as laid dwi by Expwthure meets these ciiteria 15 charged to t￿ fimd t(Wlw with a fair alotation c*managemenVsuppJrt costs. l. Resources exF•thd Res￿rceS are experkjed cffi ￿leCts in dvdoping wunlries in pwWu5hrp wilh lo¢al or other organisatrtin5. Sorne tw¥Js fr)[ WDiects are prom.ded wisati￿s f(Ilrhw'ng in*sliWions PfoF(6as s¥brnitled tyy ￿D. the fvnthr¥J 15 bund frun restricted or the Proie¢t Fund. kncome rep￿entS moneys recei*d from apWs. granls. ￿e￿oI and siirpyter5' dr*wIl¢￿. membe￿. s￿scrIptIonS 3Th1 Grft Aid r￿lmed. Oftt* incixne in 2024 £34.289 ￿l¥ed to unfftstrieted knds and £71.144 to fiymts. Ihestricted RestriGled Furmts Funds Funds Totsl 2025 Tdal 2Q4 Ctssts assockqted eNinwir#J w￿￿$.. Retainef paid Eqwphment arnl Mat￿la[S Projecl operatic*)s Trdlel lirt int￿￿1¥ Golemance costs Athnini5tRli* txp￿e 1.781 ).(fj5 53.166 1.761 1.781 77.796 34.140 4.897 3.159 .772 123,$45 53.166 2.323 2.020 2.164 1164 4.184 87.315 InclL*Jed in charilat￿* *tiiibes £1,761 (2024 £1.781) thch relaied to fees Pa￿ to the Uganda esentati*. Retainer ￿ld. equryhnerrt arnl mthials arnl k¥oiect OFwalions are dirnct costs of acliiitl8s in furiherance of Ihe Chwitable Ccrfnpany* obiecli*s. Tra*1 and a(knirrislratp* expenses SVPFrf)rt costs *thich been allocat￿ enlirdy to II¥s c05t C3tegrry Sir￿ these ¢osis rgl¥te lo svpwrting the works. Olthe exF**Jrture in 2024. É4.931 re￿*d lo urwestrtcted fvnds 8nd £118,614 lo ￿$t￿￿ed 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 materi*s 163 1.091 1.254 All cosls of rwsirvJ fwKts we dirEct C￿ts. 01 in 2024, £1.254 rdated to unresliicted ljrth aKI £nil to reslTiCted 675 f75 NA￿E CO Tolal Tot 2tr24 FuTrJs Meetin9 CC*ts I￿e{¢r#*r4 Examl 7S9 2.4￿) 2.020 3.159 Al costs clg)wnxe a￿ tknct costs. Of the exwjitwe in 2024. £3.159 rd*ed to unrestricted knds arKI £nrf to res¢rKted fi¥¥Js. Tntstees. tr*1 expetW Bc4rd meetirss Tware reimtrx¥s•J £400 (2024 £nir) Trustees. tra￿ expw6es tr (*￿5e8$ pyr4￿1 ?4sits vme reimtwsed £1.464 for 1 Trustee (2024 £2,151 ts 1 T[￿tee) The Memorandum ofAs$￿I¥l1cffj oftl* F￿rnent ofary s*y fpe to ￿ Tw$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$in9 ￿ndS Ch*blable actmlies 675 67$ 91.499 1.761 123,$45 1.761 .413 91174 124.799 Ofthe expendrture in 2￿4, £1,254 related to wyestncted tr•Js ¥*J £123.018 to restncled *Jnd5. 202S SECMA CH a￿1 HH Taylty Tnkst 47.CKiI 51x1 47.IXKI Ofthe income in 21r24, rdated to urestricled and £47.(m to restricle(I funds. 10 WThIN AR 2Q26 2025 2024 AccnAIs 2.216 2,216 12 IE There were r￿ caprtal conyfirtments c* at 31st lknch 21>25 or 31st March 2024. 14 CHRISTIAN ENGINEERS IN DEVELOPMENT IA Charitable Comwy limLted by guararrteel NOTES TO THE ACCOUNTS . 318t IA•rth 2025 13R ILiA F MOVEME￿ N F DS 1st ArAiI Ioulwryl 3111 Alar¢h 2025 Genernl 10.017 21.919 14.859) {17.Ixi)I 10.1177 Balar￿e Mo*ment In r*s￿￿e5 Balance 1st Awil INJ (Oul?>￿) 31•t AAa￿h 2ff24 2025 Wilfiam Béak Legacy Projecl Fts)d 82.101 20.075 1a2.176 4.813 1,128 5.741 125. I1,2￿) 127.L 60.907 20,003 10.910 Further int¥rnatt￿ these p•¥s 5 B. 8alarv Mthemerrt in restyJFces Trdnskns Bala*¢¢ 151 Awil NrvJ IOutgL•ThJI 31st Mar¢h 2025 Proie¢t 44.073 46.828 187.31SI 44.O)7 47.391 At 31sl March 2ff2S restricted Smds I￿￿￿ed £21.519 tieiTrJ b3knce of SECMA m fvrKkng SieTra Leone (Manowol and RWH Pr£#3￿MMe (T¥Qar￿al, the CED toard fill ¢J"scrdioTh and a￿onOmY on the split tsft￿ to surt the restttlThe proiecl needs. The Mancwa project rKry1iSi￿ of w*èr and 5atiitatth Ixiliti&s frx Ihe ￿lIage thnugh thilliwJ ofbyeholes. pumF4rKJ. piFNrva a￿1 SioTing w*er accessed thrcwh lap ￿IntS, aThJ the buik*"TrJ 0flairir￿. RWH prcgarnme Inw1￿ trainÈng and p￿lS￿)n ofsubsKly agan5t I￿k conslwct*)n costs. Of irKcffiellext*nditwel in 2024. £34.2891¢6.185) fdatéd to urweStrfict￿ £71.14411£118,614) io ￿st￿Cted ffijnds. BE EE NDS The for1￿11ng tiartslws belween &JTrJs We￿ rnade.. Frorn Unrestncted Funds . in Tanzanw IRWH prf$￿￿e) £5.8[￿1. U9￿ {KulLAO. Kagando, (k#Js L¢M Selth, Kikatsi aThJ Vf411(tated) £11.2 From 1he Le9aGy FuThJ- in r￿anva (RWH wogramrnel £21.286 ar¥1 in {Saltya V&Jal £5.￿. h addrtirm £156 six ¥KDi￿S. Frurn the Pro1￿t F￿d- 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 kn*stmerts Ol￿r 355èt5 lkntrfctwj fijnds 10.077 10.017 10.910 102.176 90.987 112.193 47,J91 44.073 138,371 156.2e6 Ce5i9n*ul Total unrestricted ResI￿le￿ 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.