IRIS Accounts Production v25.1.0.734 Other Company accounts True false Pounds 1.2.24 31.1.25 31.1.25 FY R H Balmer D T Brown S Byford Mrs L C Ryan B J Ryan Mrs D J Holmes J Read Mrs S E Lock Mrs A Marshall FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079177472024-01-31079177472025-01-31079177472024-02-012025-01-31079177472023-01-31079177472023-02-012024-01-31079177472024-01-3107917747ns0:CharitableCompanyLimitedByGuarantee2024-02-012025-01-3107917747ns15:PoundSterling2024-02-012025-01-3107917747ns0:Trustee22024-02-012025-01-3107917747ns0:Trustee32024-02-012025-01-3107917747ns0:Trustee42024-02-012025-01-3107917747ns0:Trustee52024-02-012025-01-3107917747ns0:Trustee62024-02-012025-01-3107917747ns0:Trustee72024-02-012025-01-3107917747ns0:Trustee82024-02-012025-01-3107917747ns0:Trustee92024-02-012025-01-3107917747ns0:Trustee12024-02-012025-01-3107917747ns11:FRS1022024-02-012025-01-3107917747ns11:IndependentExaminationCharity2024-02-012025-01-3107917747ns11:SmallCompaniesRegimeForAccounts2024-02-012025-01-3107917747ns11:FullAccounts2024-02-012025-01-3107917747ns11:CharitiesSORP2024-02-012025-01-310791774722024-02-012025-01-3107917747ns16:EnglandWales2024-02-012025-01-3107917747ns11:RegisteredOffice2024-02-012025-01-3107917747ns0:TotalUnrestrictedFunds2024-02-012025-01-3107917747ns0:TotalRestrictedIncomeFunds2024-02-012025-01-3107917747ns0:Activity92024-02-012025-01-3107917747ns0:TotalUnrestrictedFundsns0:Activity92024-02-012025-01-3107917747ns0:Activity9ns0:TotalRestrictedIncomeFunds2024-02-012025-01-3107917747ns0:Activity92023-02-012024-01-3107917747ns0:Activity102024-02-012025-01-3107917747ns0:TotalUnrestrictedFundsns0:Activity102024-02-012025-01-3107917747ns0:Activity10ns0:TotalRestrictedIncomeFunds2024-02-012025-01-3107917747ns0:Activity102023-02-012024-01-3107917747ns0:Activity112024-02-012025-01-3107917747ns0:Activity11ns0:TotalUnrestrictedFunds2024-02-012025-01-3107917747ns0:Activity11ns0:TotalRestrictedIncomeFunds2024-02-012025-01-3107917747ns0:Activity112023-02-012024-01-3107917747ns0:Activity122024-02-012025-01-3107917747ns0:Activity12ns0:TotalUnrestrictedFunds2024-02-012025-01-3107917747ns0:Activity12ns0:TotalRestrictedIncomeFunds2024-02-012025-01-3107917747ns0:Activity122023-02-012024-01-3107917747ns0:TotalUnrestrictedFunds2024-01-3107917747ns0:TotalRestrictedIncomeFunds2024-01-3107917747ns0:TotalUnrestrictedFunds2025-01-3107917747ns0:TotalRestrictedIncomeFunds2025-01-3107917747ns0:TotalUnrestrictedFundsns10:WithinOneYear2025-01-3107917747ns10:WithinOneYearns0:TotalRestrictedIncomeFunds2025-01-3107917747ns10:WithinOneYear2025-01-3107917747ns10:WithinOneYear2024-01-310791774722024-02-012025-01-310791774712024-02-012025-01-310791774712023-02-012024-01-3107917747ns0:TotalUnrestrictedFunds2023-02-012024-01-3107917747ns0:TotalRestrictedIncomeFunds2023-02-012024-01-3107917747ns0:TotalUnrestrictedFundsns0:Activity92023-02-012024-01-3107917747ns0:Activity9ns0:TotalRestrictedIncomeFunds2023-02-012024-01-3107917747ns0:TotalUnrestrictedFundsns0:Activity102023-02-012024-01-3107917747ns0:Activity10ns0:TotalRestrictedIncomeFunds2023-02-012024-01-3107917747ns0:Activity12ns0:TotalUnrestrictedFunds2023-02-012024-01-3107917747ns0:Activity12ns0:TotalRestrictedIncomeFunds2023-02-012024-01-3107917747ns10:ComputerSoftware2024-01-3107917747ns10:ComputerSoftware2025-01-3107917747ns10:ComputerSoftware2024-01-31
REGISTERED COMPANY NUMBER: 07917747 (England and Wales)
REGISTERED CHARITY NUMBER: 1149836











Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

The Doxa Project Limited

The Doxa Project Limited






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Report of the Trustees 1 to 4

Independent Examiner's Report 5

Statement of Financial Activities 6

Balance Sheet 7 to 8

Notes to the Financial Statements 9 to 15

The Doxa Project Limited (Registered number: 07917747)

Report of the Trustees
for the Year Ended 31 January 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 January 2024. 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 2015).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The Charity's aim is to advance education amongst children and young people primarily but not exclusively in Kenya, which it does by coming alongside existing schools and equipping them with buildings, educational materials, knowledge and funding, and by providing funding and assistance with travel arrangements to allow children to attend existing schools in their community. The Charity also aims to work towards alleviating poverty in the areas in which such schools are based by assisting with the payment of school fees to allow underprivileged children to attend school and receive not only an education but also a daily hot meal and the support of respected adults in the community.

The Charity's objectives are to increase funding levels in order to provide further financial support to the communities it works in, and to continue to provide knowledge, assistance and opportunities to those living within such communities. The Charity anticipates meeting these aims by raising awareness of the Charity in order to attract financial supporters in the United Kingdom, and by continuing to develop the relationship in place with those people who run the community projects in conjunction with the Charity.

Significant activities
The Charity continues to pursue a community-focused approach, providing funding and travel assistance to children in the community to allow them to attend one of a number of schools we partner with and working with local families in connection with a number of initiatives (such as distributing water filters to families within the community to allow for clean water, working with women with HIV/AIDS, providing regular support to over 50 families within the community).

The Charity has donated significant funds to "Doxa International", the Kenyan CBO (Community Based Organisation) that co-ordinates the work within the local community, to assist with various projects, the upkeep of their community centre and a significant child education programme. The charity continues to support Doxa International in farming the two plots of land that help provide food for the local community.

Public benefit
The trustees consider that they have complied with the duty regarding Public Benefit as detailed in section 4 of the Charities Act, having due regard to guidance published by the Charity Commission.


The Doxa Project Limited (Registered number: 07917747)

Report of the Trustees
for the Year Ended 31 January 2025

ACHIEVEMENT AND PERFORMANCE
Charitable activities
The building and decorating of the community centre was completed in November 2024. Much of 2024 was spent working towards this end including teams from the UK visiting Kenya to work on this. Significant funds were donated towards this work.

Our school sponsorship scheme continues to thrive and in 2024 we had one of our students began further education at University. This is the first time we have had students complete mainstream education and move into higher education. This results in increased costs for the charity. We work closely with 'Doxa International' to ensure appropriate pathways are both attainable and sustainable for our students and the charity.

The two farm plots owed by "Doxa International" continue to be farmed. A plan has been put in place with "Doxa International" to complete the borehole project installation once the necessary documentation has all been approved.

The donations towards the work of The Doxa Project continue to increase and we have received a number of new monthly donors that enable us to continue to support the work of "Doxa International" in Kenya. This includes increasing the number of children within the child sponsorship scheme and supporting more families within the community of Kwa Murugi.

Much of the work in Kenya continues to grow from strength to strength, including the work with families, IT lessons, holiday clubs, breakfast club, water filters and counselling support.

We also have Trustees and supporters in the UK who make regular visits to various meeting groups as part of our fundraising and awareness initiatives. Each year we produce a print newsletter that informs our supporters of our recent, current and proposed work with the community of Kwa Murugi.

During 2024 the trustees and other volunteers completed two workshop days, focussed on the Vision and Values of the charity. These were both reflective and strategic as we seek to ensure the charity continues to thrive in meeting its objectives and serving the community.

FINANCIAL REVIEW
Reserves policy
The trustees agreed that in addition to funding school fees for the sponsored children, funds would be spent at the appropriate time on community projects. In conjunction with our partners in Kenya, "Doxa International", a monthly budget continues to be provided to enable the work in the community to continue. The monthly amount gifted by the Charity to "Doxa International" was used for things such community centre running costs, monthly food parcels, contributions to the wages of five "Doxa International" employees and other emergency needs.

As of 31st January 2025, there are 70 children that have their education funded by The Doxa Project including 11 that are now attending secondary school and 4 in higher education institutions. A monthly amount to cover all the school fees is now sent out to "Doxa International" who oversee the progress of the children.

FUTURE PLANS
The completed Community Development Centre has become a fundamental hub to all the work of "Doxa International" and as a charity we are excited to continue to see a variety of education programmes, community projects and skills training take place there. We intend to help increase the IT courses on offer and facilitate skills learning in the form of sewing and basic bike mechanics.

We continue to build relationships with other organisations in and around Nakuru, seeking to help communities like Kwa Murugi. We have begun conversations with an organisation called Emerging Leaders who we hope to partner with in 2025 to run their 'Leadership for Life' training course within our community.

It is planned that the next stages of the borehole project will begin in the coming months of 2025. This will drastically increase the productivity of the farm plots and we will seek to support "Doxa International" in developing this specific project. As the charity grows and the work of "Doxa International" continues to expand there is also a need to a vehicle to assist in the daily work. It is our intention to help fund a new vehicle purchase in 2025.

The Doxa Project Limited (Registered number: 07917747)

Report of the Trustees
for the Year Ended 31 January 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Charity is controlled by its governing document, its articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees
New trustees are appointed by the existing trustees and serve until required by the articles of association ("Articles") to retire and stand for reappointment. The articles of the Charity provide for a minimum of 3 trustees. Trustees recruit new trustees on the basis of their experience, their empathy towards the Charity's aims and their willingness to act. Trustees also consider the skills of potential new trustees and how those skills would benefit the Charity as a whole (for example, a potential new trustee who has previously managed the construction of educational facilities abroad would have valuable insight relevant to the Charity's aims).

The induction process for new trustees involves an initial meeting with the Chairman of the board who provides the new trustee with relevant information regarding the history and background pertaining to the Charity and its projects, followed by a separate meeting with all trustees who are available to answer any questions the new trustee may have. New trustees are given as much written information relating to the Charity as possible, including: (a) a brief history of the Charity; (b) information about the Charity's current project(s); (c) copies of minutes of recent trustee meetings; (d) a copy of the Articles; (e) copies of the Charity's Commission's guidance papers "The Essential Trustee: What You Need to Know, What You Need To Do" and "Charity Trustee: What's Involved"; and (f) copies of the previous years' annual reports and accounts.

Organisational structure
Trustees meet regularly and at least, as a whole group, 3 times a year. At trustee meetings the trustees agree immediate and long-term strategy and consider current areas of activity. This involves consideration of current funding levels, anticipated use of funds, recent and proposed fundraising efforts, any immediate needs raised in connection with the Charity's current project(s) and risk management concerns, policies and procedures. Trustees make decisions together on a majority basis, but do delegate the day to day administration of the Charity's funds to the Chairman as and where needed given that an immediate and pressing need for funds can arise at any time of day or night (such as for breakdown expenses in relation to the vehicle maintained by "Doxa International". Where funds are required at short notice, the Chairman informs all trustees in writing as soon as reasonably practicable (ideally prior to but sometimes after the transfer of such funds).

Risk management
The trustees have considered the major risks to which the Charity is exposed and have reviewed those risks and established systems and procedures to manage those risks. The major operational risk to the Charity is the extent to which the funds sent abroad to be applied towards specific costs are indeed applied towards meeting those costs. The trustees manage this risk by maintaining regular (at least daily and more often than not multiple times a day) contact with the recipient of the funds transfer, who is tasked with reporting purchases and payments made with funds supplied by the Charity to the trustees and providing receipts and confirmation of purchase as and where possible. The trustees also require sight of the book keeping records maintained by "Doxa International" to check amounts spent. In addition, the trustees work to ensure that a representative of the Charity (a trustee or, failing that, a person known to the trustees) visits at four times each year in order to check the accounting records and project progress, amongst other things.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07917747 (England and Wales)

Registered Charity number
1149836


The Doxa Project Limited (Registered number: 07917747)

Report of the Trustees
for the Year Ended 31 January 2025

Registered office
Greatfold House
Cedars Close
Thurston
Suffolk
IP31 3QS

Trustees
R H Balmer
D T brown
S Byford
Mrs L C Ryan
B J Ryan (resigned 13.12.24)
D J Holmes
J Read
Mrs S E Lock
Mrs A Marshall (appointed 13.1.25)

Independent Examiner
J. Knights
Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 8 May 2025 and signed on its behalf by:





Mrs A Marshall - Trustee

Independent Examiner's Report to the Trustees of
The Doxa Project Limited

Independent examiner's report to the trustees of The Doxa Project Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 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.








J. Knights

Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR

8 May 2025

The Doxa Project Limited

Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 31 January 2025

2025 2024
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 75,515 6,390 81,905 75,876

Other trading activities 3 - - - 774
Investment income 4 221 - 221 62
Total 75,736 6,390 82,126 76,712

EXPENDITURE ON
Raising funds 13 - 13 12

Charitable activities 5
Resources expended 7,685 - 7,685 12,642
Doxa Africa 24,703 17,754 42,457 26,826
Community 6,580 - 6,580 6,244
Land expenses 4,844 - 4,844 10,958
Borehole - - - 10,535
Gifts to other charities - 3,000 3,000 -
Total 43,825 20,754 64,579 67,217

NET INCOME/(EXPENDITURE) 31,911 (14,364 ) 17,547 9,495
Transfers between funds 13 (14,364 ) 14,364 - -
Net movement in funds 17,547 - 17,547 9,495

RECONCILIATION OF FUNDS
Total funds brought forward 33,572 - 33,572 24,077

TOTAL FUNDS CARRIED FORWARD 51,119 - 51,119 33,572

The Doxa Project Limited (Registered number: 07917747)

Balance Sheet
31 January 2025

2025 2024
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
CURRENT ASSETS
Debtors 11 2,454 - 2,454 10,361
Cash at bank 49,657 - 49,657 24,203
52,111 - 52,111 34,564

CREDITORS
Amounts falling due within one year 12 (992 ) - (992 ) (992 )

NET CURRENT ASSETS 51,119 - 51,119 33,572

TOTAL ASSETS LESS CURRENT LIABILITIES 51,119 - 51,119 33,572

NET ASSETS 51,119 - 51,119 33,572
FUNDS 13
Unrestricted funds 51,119 33,572
TOTAL FUNDS 51,119 33,572

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.


The Doxa Project Limited (Registered number: 07917747)

Balance Sheet - continued
31 January 2025

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 8 May 2025 and were signed on its behalf by:





A Marshall - Trustee

The Doxa Project Limited

Notes to the Financial Statements
for the Year Ended 31 January 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.

The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A.

The presentational currency of these financial statements is pounds sterling (£), rounded to whole pounds.

Going concern
The trustees consider that no material uncertainties relating to events or conditions that may cast significant doubt upon the charity's ability to continue as a going concern exist. Therefore these financial statements are prepared on the going concern basis.

Financial instruments
Basic financial instruments are recognised at amortised cost, with changes recognised in the Statement of Financial Activities.

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.

Governance costs
Governance costs represent the administrative costs incurred by the Charity during the year.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

The Doxa Project Limited

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

2. DONATIONS AND LEGACIES
2025 2024
£    £   
Donations 72,347 65,729
Gift aid 9,558 10,147
81,905 75,876

3. OTHER TRADING ACTIVITIES
2025 2024
£    £   
Fundraising events - 774

4. INVESTMENT INCOME
2025 2024
£    £   
Deposit account interest 221 62

5. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 6) Totals
£    £    £   
Resources expended 9,345 (1,660 ) 7,685
Doxa Africa 42,457 - 42,457
Community 6,580 - 6,580
Land expenses 4,844 - 4,844
Gifts to other charities 3,000 - 3,000
66,226 (1,660 ) 64,566

6. SUPPORT COSTS
Governance
Management Finance costs Totals
£    £    £    £   
Resources expended 635 (3,249 ) 954 (1,660 )

The above includes independent examination fees of £954 (2024: £954).


The Doxa Project Limited

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 January 2025 nor for the year ended 31 January 2024.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 January 2025 nor for the year ended 31 January 2024.


8. STAFF COSTS

The average monthly number of employees during the year was as follows:

2025 2024
Directors (trustees) 8 8

No remuneration was paid to key management or trustees during the year (2024: £nil).

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 65,786 10,090 75,876

Other trading activities 774 - 774
Investment income 62 - 62
Total 66,622 10,090 76,712

EXPENDITURE ON
Raising funds 12 - 12

Charitable activities
Resources expended 12,642 - 12,642
Doxa Africa 9,108 17,718 26,826
Community 6,244 - 6,244
Land expenses 10,958 - 10,958
Borehole 10,535 - 10,535
Total 49,499 17,718 67,217

NET INCOME/(EXPENDITURE) 17,123 (7,628 ) 9,495
Transfers between funds (7,628 ) 7,628 -
Net movement in funds 9,495 - 9,495

RECONCILIATION OF FUNDS
Total funds brought forward 24,077 - 24,077


The Doxa Project Limited

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund fund funds
£    £    £   
TOTAL FUNDS CARRIED FORWARD 33,572 - 33,572

10. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 February 2024 and 31 January 2025 1,050
AMORTISATION
At 1 February 2024 and 31 January 2025 1,050
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 2,454 10,361

12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Accrued expenses 992 992

13. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.2.24 in funds funds 31.1.25
£    £    £    £   
Unrestricted funds
General fund 33,572 31,911 (14,364 ) 51,119

Restricted funds
Child and school sponsorship fund - (14,364 ) 14,364 -

TOTAL FUNDS 33,572 17,547 - 51,119

The Doxa Project Limited

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

13. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 75,736 (43,825 ) 31,911

Restricted funds
Child and school sponsorship fund 6,390 (20,754 ) (14,364 )

TOTAL FUNDS 82,126 (64,579 ) 17,547


Comparatives for movement in funds

Net Transfers
movement between At
At 1.2.23 in funds funds 31.1.24
£    £    £    £   
Unrestricted funds
General fund 24,077 17,123 (7,628 ) 33,572

Restricted funds
Child and school sponsorship fund - (7,628 ) 7,628 -

TOTAL FUNDS 24,077 9,495 - 33,572

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 66,622 (49,499 ) 17,123

Restricted funds
Child and school sponsorship fund 10,090 (17,718 ) (7,628 )

TOTAL FUNDS 76,712 (67,217 ) 9,495

The Doxa Project Limited

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

13. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net Transfers
movement between At
At 1.2.23 in funds funds 31.1.25
£    £    £    £   
Unrestricted funds
General fund 24,077 49,034 (21,992 ) 51,119

Restricted funds
Child and school sponsorship fund - (21,992 ) 21,992 -

TOTAL FUNDS 24,077 27,042 - 51,119

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 142,358 (93,324 ) 49,034

Restricted funds
Child and school sponsorship fund 16,480 (38,472 ) (21,992 )

TOTAL FUNDS 158,838 (131,796 ) 27,042

RESTRICTED FUND

Child and school sponsorship
The charity receives regular donations from individuals which are to be used to sponsor children in a school in Kenya. These donations and the payments to the school are included as a separate fund. The charity also makes payments to the school in accordance with its charitable objectives with any excess expenditure financed by a transfer from unrestricted funds.


The Doxa Project Limited

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

14. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 January 2025.