DESTA Project
(a company limited by guarnntee)
Accounts for the year ended 31 October 2025
Registralioll number:
N1070892
Charlty refcr¢n¢¢:
XT12123

Contents
P#gt
Direetors and advi5¢r5
DireaoT'S rcwrl
Income and F.xpeNJiiure Accounl
Halance shee¢
No*s to the acrounis
N1070892
Page 218

Directors and advisers
Director5
Andrw Cunnin8hom {Chairnianl
Gorth Gillc5pie
Secretary
tiarth Gillcspie
Re8ist¢r¢d office
I Cowreeny Road
Ilillstorou8h
Co. Do￿n
BT26 6EH
Ch*rlty reference
XT12123
Bgnkers
The CO￿￿￿ratIve H8nk p.l.c.
I IlJllix)n 5trttl
ManLhtstcr
M6U 41.:P
N1070892

Directors, report
The directors present their rerx)rt aTKI the accounts for the year ended i l Ociober 2025.
Prineipil activilies *nd busine58 review
Th¢ ComrAny is ¢siablished for th¢ r¢lief of EK)v¢rty. the advancement ofeducation to promote the
preservation of health in Degan. 8nd environs of ihe Chcl¢ka Vallcy, Ethiopi
The year to th¢ ¢nd of 31 Octokr 2025 h&s tten one of limi￿d activity.
Company limiied by gvarnntee
Each dir¢cior underthkes to contribute lo the awts of the Company. in the evenl of the same being
wound up while he is a m¢mber. or wi¢hin one year aft¢r he ceases to be a ITJember, for paym¢ni of
debt5 and liabilities of the company contrathed befo￿ he ceases to k a memtrr. and of the cost5,
¢harg¢s and exFens¢s of winding up. and for ihe adjustment of the rights of the contributors among
themselve5. Such amount as may bc rcquired noi exC¢￿Ing £ 1.00.
Dlvldends and tr•n$f¢rs to reserves
The directors do noi recommend paymeni of a dividend. The surplus for the financial year will b¢
transferred to reserves.
Dlre¢torg
Th¢ dir¥ctors of the company durin8 the year are shown on po8e 3.
Dlreetor5' responsibllltles
The direaors are required by cornpony law io pre￿re accounis for each financial year that give a true
and fair Yiew of ihe state of a￿airS of the comFqny as at the end of the financial year and of the surplus
or defiLil of th¢ company for that ￿rIod.
The directors confim that suitable accounting poli¢ies hav¢ been used, and these hav¢ been applied
consisienily. and reasonable and prudent jud¥emenis and estimat¢5 have been made in the preparation
of the account5 for the year ended 31 (ktober 2025. The direclor5 a150 confimi tha¢ applicable
accounting standards have Ften followed and that the accounts have been prepared on the going concern
basis.
The dire¢iors are reswnsiblc for keepin8 proper a¢¢ountin8 records. for 5afe8varding the asseis of the
company and h¢nee for taking ￿3$onable sleps for the prevention and deteciion of fraud and other
irregularilies.
N1070892
Page 418

Smsll companies, regime exempl10￿$
The directors, report has IKen prepared in ￿e0rdance with the provisions applicable io companies
subject to th¢ small comp9nies' regime.
By the order of the boxrd
GArth Glllesple
17 M*rch 2026
N1070892
Page 518

Income and Expenditure Account
2025
Incornt
Donatiorts
Expendiliire
F.x￿n￿es
Mr Andrew CuThThin8ham. DiTcaor. Travel Expense5 for Ethiopia trip
ExceJ$ of Ineoth¢ over txp¢ndlture
-I'￿aLl()n
Surplyslldenclt) for period
11.4S9)
All amounts above relate to coniinuin8 OFtration$ of th¢ ¢ompany.
The company has no re¢ognised gains and losses other than ihe surplus (deficit) above and therefo￿ no
s¢parnie 9tsternenl of total recognised gains and lossts has been pyesenied.
-rhere is no diffe￿ nce trtiw¢en ihe SUTplus on ordinary activities before lax8tion and the surplus for the
year stated above, and their histori￿1 cosi ¢quival¢nts.
N1070892
Pa8e 618

Balance sheet as at 31 October 2025
Notes
Flxed assets
1'gngiblc a55ets
Current 9ssets
DLbii?T
Ciish at bank
11.993
11,993
Cr￿1110￿.. amounts fallin¥ duc within one year
Net cyrreni %sstts
11.993
Tot•1 *sset$ less eurrent li#bllldes
11,993
C•pltAI aDd rtserv¢s
ShJre Lapiul
R¢ser¥¢s
11,993
11,993
These 8c¢ounls have bttn preFAred under Part 15 of th¢ Comwiies Aa 2(MJ6.
For the year ended 31 October 2025, the company was entitled lo exemption under section 480 of
the Companies Act 2006 relating io domianl ¢ompani¢s.
b. The m¢M￿r5 have not required the ¢ompany io obtain an audit in accordance wilh section 476 of
Ihe Companies Act 2006.
c. The directors a¢knowled8e their resFM)nsibilities for complying With requirements of the Act
with re5rKct io accounting records and the preparation of accounts.
d. These accounts have been prepared in accordanee with th¢ pmvision$ #pplicable to companies
subject io th¢ small ¢ompanies regime.
Approved by the ￿ard of directors at the company's Annual Genernl Meeting on 17 March 2026 and
signed on its behalf by:
drew Cunningham
17 M8r¢h 2026
Thc notes on page 8 fomi part of these accounts.
P41070892
Page 718

Notes to the accounts
Prio¢lp918ecounting policies
The ac¢i)unis hav¢ been pr¢pared in accordance with applicable 8¢counting siandards. A suininary of
the more imwrtant FK)licie5, which have IKen applied consistently, 15 set out ￿10￿. The accounts have
been prepared under Part 15 of ihe Companies Act 2(XK*.
A¢¢ounling eonvehilon
These financial statements have been prepared under the historical cosi basis of accounting in
aCCorda￿e with applicable accounting standards.
Ineome represents donaiions 8nd income T¢c¢iYed by the company during ihe ￿riOd.
BunA Anleresi receivoble
Bank inteTest is rtognised in the Income and Expenditure account on a rettipts b&sis.
Dlreetors, r¢muntrn¢lon
Th¢ dire¢iors' r¢muneration durin8 the Ftricmj was £nil.
Employee informatlon
The company has no employees
T8x#tlon
AS a re5uli of ihc ¢ompany'5 charitabl¢ staius. no charge to corporation tax arises.
Share ¢apital
The company is limited by a guarantee from each m¢mber of Ihe trM)ard of dire¢tors And it does not have
issued share capital.
Each direaor underrakes to coniribut¢ to the a$5ets of the eomp8ny. in the ev¢nt of the same E¢in8
wound up while he is a member. or within on¢ year after he ¢easts to b¢ a memb¢r. for payinent of
debis and liabilities of ihe company coniraaoj before he r¢a5¢S to be a member, and of the costs.
¢harges and expenses of windin8 up. and for the adjustmeni of the rights of the contributors among
themselves such amouni as may ￿ required not ex¢¢eding £1.00.
Reserves
2112$
Ai l ￿'01y￿bEr 2024
Svrpliis 11)efi¢ll)lor￿ar
As 4131 Ouober2025
13.V2
11,993
Caplt*l commitments aDd contingent li•bilitie5
There w¢re no capital ¢ommitm¢rtts or ￿￿tI￿gent lithilities as at 31 October 2025
N1070892
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