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COMPANY REGISTRATION NUMBER: 6469080
CHARITY REGISTRATION NUMBER: 1124082
Give a Future
Company Limited by Guarantee
Unaudited Financial Statements
31 January 2025
Give a Future
Company Limited by Guarantee
Financial Statements
Year ended 31 January 2025
Page
Trustees' annual report (incorporating the director's report)
1
Independent examiner's report to the trustees
3
Statement of financial activities (including income and expenditure account)
4
Statement of financial position
5
Notes to the financial statements
6
Give a Future
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 January 2025
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 January 2025 .
Reference and administrative details
Registered charity name
Give a Future
Charity registration number
1124082
Company registration number
6469080
Principal office and registered
Leyhouse
office
Old Hollow
Worth
Crawley
RH10 4TA
The trustees
A Von Wedel
A Calice
M Ferrario
S Calice
S Ferrario
S Von Pongrasz
Company secretary
S Calice
Independent examiner
Complete Accounting Solutions
727-729 High Road
London
N12 0BP
Structure, governance and management
The charity is constituted as a company limited by guarantee and is therefore governed by a Memorandum and Articles of Association. The directors of the company are also trustees of the charity. Eligibility for membership of the charity and membership of the Board of Trustees is governed by the Memorandum and Articles of Association.
Objectives and activities
The objects of the charity are to advance life and help young people and women in Ethiopia, including: - the provision of care homes and orphanages - the provision of educational facilities- the provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their condition of life, and - providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.
Achievements and performance
Give A Future provides education and economic development to children and women in Addis Ababa, Ethiopia in order to change communities for the future. We believe that an education and access to credit change communities sustainably forever, as knowledge and expertise cannot ever be taken away from you and access to credit is what is needed in developing countries. We make sure that every single child and woman gets a job to then change their and their families' future forever.
Financial review
The charity relies on donors whose support is valued. The charity raised £34,346 during the year under review. The charity made donations totalling £45,170 in accordance with its aims and objectives.
Plans for future periods
Give A Future will expand the scholarship fund as much as possible, depending on the levels of fund raising. We understood after 12 years of running programmes in Africa, that scholarships for the high achieving students are the quickest and most effective way to bring about change. Giving access to credit to women is another area we are focusing on very successfully and will expand this when possible.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on 5 November 2025 and signed on behalf of the board of trustees by:
S Ferrario
Trustee
Give a Future
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Give a Future
Year ended 31 January 2025
I report to the trustees on my examination of the financial statements of Give a Future ('the charity') for the year ended 31 January 2025.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements 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 the 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 charity as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
3. the financial statements 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 financial statements 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.
Complete Accounting Solutions Independent Examiner
727-729 High Road London N12 0BP
Give a Future
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 January 2025
2025
2024
Unrestricted funds
Total funds
Total funds
Note
£
£
£
Income and endowments
Donations and legacies
5
34,346
34,346
--------
--------
----
Total income
34,346
34,346
--------
--------
----
Expenditure
Expenditure on charitable activities
6,7
79,321
79,321
--------
--------
----
Total expenditure
79,321
79,321
--------
--------
----
--------
--------
----
Net expenditure and net movement in funds
( 44,975)
( 44,975)
--------
--------
----
Reconciliation of funds
Total funds brought forward
64,429
64,429
64,429
--------
--------
--------
Total funds carried forward
19,454
19,454
64,429
--------
--------
--------
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
Give a Future
Company Limited by Guarantee
Statement of Financial Position
31 January 2025
2025
2024
Note
£
£
Fixed assets
Investments
10
4
Current assets
Debtors
11
1,080
12,679
Cash at bank and in hand
18,374
51,746
--------
--------
19,454
64,425
--------
--------
Net current assets
19,454
64,425
--------
--------
Total assets less current liabilities
19,454
64,429
--------
--------
Funds of the charity
Unrestricted funds
19,454
64,429
--------
--------
Total charity funds
12
19,454
64,429
--------
--------
For the year ending 31 January 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 5 November 2025 , and are signed on behalf of the board by:
S Ferrario
Trustee
Give a Future
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 January 2025
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Leyhouse, Old Hollow, Worth, Crawley, RH10 4TA.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Incoming resources
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Such income is only deferred if the donor has requested the amount to be allocated for specific projects, in which case it is allocated to the financial year in which the project takes place.
Basis of preparation
The financial statements have been prepared on the historical cost basis.
Resources explained
All expenditure is accounted for on an accruals basis as a liability is incurred and has been classified under headings that aggregate all costs related to the category.
Going concern
There are no material uncertainties about the charity's ability to continue.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Consolidation
The charity is not required to prepare consolidated accounts in accordance with the Charities Act 2011, and has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the charity and its subsidiary undertakings comprise a small group.
Judgements and key sources of estimation uncertainty
No significant judgements have had to be made by the directors in preparing these financial statements.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Incoming resources
All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably .
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities and events.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity.
Investments
Fixed asset investments are initally recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
4. Limited by guarantee
The company is limited by guarantee and the liability of the members is limited. In the case of a winding up, no member is entitled to any property remaining in the company.
5. Donations and legacies
Unrestricted Funds
Total Funds 2025
Unrestricted Funds
Total Funds 2024
£
£
£
£
Donations
Donations received
34,346
34,346
--------
--------
----
----
6. Expenditure on charitable activities by fund type
Unrestricted Funds
Total Funds 2025
Unrestricted Funds
Total Funds 2024
£
£
£
£
Support costs
45,170
45,170
Support costs
34,151
34,151
--------
--------
----
----
79,321
79,321
--------
--------
----
----
7. Expenditure on charitable activities by activity type
Activities undertaken directly
Support costs
Total funds 2025
Total fund 2024
£
£
£
£
Support costs
45,170
34,151
79,321
--------
--------
--------
----
8. Staff costs
The average head count of employees during the year was Nil (2024: Nil).
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
9. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees during the year.
10. Investments
Shares in group undertakings
£
Cost or valuation
At 1 February 2024 and 31 January 2025
4
----
Impairment
At 1 February 2024
Disposals
(4)
----
At 31 January 2025
(4)
----
Carrying amount
At 31 January 2025
----
At 31 January 2024
4
----
All investments shown above are held at valuation.
The above represents a 100% investment in Lalibella Limited. The company was dissolved in October 2025, therefore the investment has been fully impaired.
11. Debtors
2025
2024
£
£
Amounts owed by group undertakings
11,599
Other debtors
1,080
1,080
-------
--------
1,080
12,679
-------
--------
12. Analysis of charitable funds
Unrestricted funds
At 1 February 2024
Income
Expenditure
At 31 January 2025
£
£
£
£
General funds
64,429
34,346
(79,321)
19,454
--------
--------
--------
--------
At 1 February 2023
Income
Expenditure
At 31 January 2024
£
£
£
£
General funds
64,429
64,429
--------
----
----
--------