DESTA Project (a coinpany l iinit¢d by gliarantce) Accounts for the year ended 31 October 2024 Registration number: N1070892 Charity reference: XT12123 Contents Page Dircctors and advisci's DirLcior's fLP()rt InLuimL and F xpendilure AeLuunl 14&lani¢ sheel N()ILS lo ihc accounts N1070892 Page 218 Directors and advisers Directors Andreiv Cunnin8ham (ChaiiThanl (iai'ih GillLspie Seeretary Gaiih Gillcspic Registered offjce I C'.i)I'Lfu'Lny Iload Hill4bi)I'(iugh C(). fJ(Iwn t3T'2() ()1=.14 Charity reference X'l'12123 Ilankers Tl)e C.o-()pLriitivc tlaiik p.l.¢. M61141.:1' N1070892 Page 318 Directors, report The directors present their report and tlie accounts for the year ended J l October 2024. Principal activities and business review The Coinpany is established for the relief of poverty. the advancement of education and to promole the preservation of health in Degan. and its environs of the Cheleka Valley. Ethiopia. The year to the end of ) l October 2024 has been one of limited activity. Company limited by guarantee Each director undertakes to contribute to the a55et5 of tlie coillpany, in the event of the saine bcing wound up while he is a meinber, oi. within one year aftei, he ceases to be a meimber, tor payinenl or dcbts and liabilities of the coinpany conti'acted before lie ceases to be a Incinber, and of the costs. chai'gyes and expenses of windingy LIP, and foi. Ihe adj ustinent of the l'ights of tlie LoiitribLltoi's aiiioiig Iheillselves. such ainount as Inay be reqiiired not exceeding £ 1.00. Dividends and tj'ansfers to reserves Thc dircctors do not recominend payment of a dividend. The surplus for ihe fiiiaiicial year will be Iraiisferred to reserves. Dlreetors The dii'¢cloi's of the coinpaiiy dui'ing the year are shown on pagc 3. Directors, responsibilities Tlic dii'ectors are reqLiired by coimpany law to PlLpai'e accounts for each financial yeai. Ilial ve (i Ii'ue aiid fail. vi¢w of ilie stale of affairs of tlic coiiipaiiy as at tli¢ end of the financial year and of tlie suiylus or deficit of the coinpany for Ilidt pei'iod. The directors confii'in that suitable accountinky policies have been used, and these have been applied consi51enily, and r¢asonable aiid pi'udeiit j udg7eiments aiid cstiinates liav¢ been Inade iii the pi'eparatioii of the accoLlllts tor the year ended JI Octobei. 2024. The director8 also confirm thal applicable accolinting standards have been followed and that the accounts have been prepared on the bv()in&F conLern basis. The direclors are responsible for keeping proper accouiiling records, tor 5afe¥iiai'ding the a.8set8 of the company and hence for taking reasonable steps for the prevention and detection of fraiid and other irregularities. N1070892 Page 418 Small companies, regime exemptions The directors, report has been pi-epared in accordance with the provision5 applicable to companies Subject to ihe small companies, regiine. Garth Gillesple July 202$ N1070892 Page 518 Income and Expenditure Account Notes 2024 lJ)come Donations Expenditure L.XPLnscs Exces$ of Income over expendlture '[ aN411iun Surplusl(deficit) for perlo Al l ainounts above rclatc to continuing oper¢ltions of the coinpany. The coinpany has no r¢cognised &yains and losses other tlian the surplus (deticit) above and theretore no separate stiltcincnt of toial r¢Lo&ynib¢d gains aiid losses has been preseiiled. I'hLfL is no di ffcrence betweeii the siirplus on ordinary activities before taxation and the siirpliis for the ycar stated above,