REGISTERED COMPANY NUMBER: 04667035 (England and Wales)

REGISTERED CHARITY NUMBER: 1099302

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

TRANSFORMATIONAL BUSINESS NETWORK

INTERNATIONAL

FORMERLY TRANSFORMATIONAL BUSINESS

NETWORK FOUNDATION

Page

Report of the Trustees

1

to

2

Statement of Financial Activities

3

Statement of Financial Position

4

to

5

Notes to the Financial Statements

6

to

10

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 2026. The trustees have adopted the provisions of FRS 102 and the Statement of Recommended Practice (SORP) applicable to charities.

OBJECTIVES AND ACTIVITIES

Objectives and aims

Transformational Business Network International (TBNI) was formed with the objective to provide or assist in the provision of training and business advice and other assistance to relieve poverty and promote social and economic development. Its mission is to use its global network to catalyse purpose-driven entrepreneurs to help build impactful businesses and unlock investments in emerging and frontier markets. The goal is to enable entrepreneurs to scale their businesses exponentially to create jobs and prosperity for all. In shaping our specific objectives, the Trustees have considered the Charity Commission’s guidance on public benefit, including the guidance, "public benefit: running a charity" (PB2).

TBNI pursues its goals through the financial and material support of affiliated charitable organisations in each new territory. TBNI continues to work towards its ambitious targets to achieve greater impact among communities at the base of the pyramid.

Our core values remain to support purpose-driven entrepreneurs to challenge the status quo - to pursue not only personal wealth creation, but also to serve others, to steward resources to create prosperity for families, communities and their nation.

ACHIEVEMENTS AND PERFORMANCE

Highlights of 2025/26

TBNI focussed on encouraging affiliates in East Africa and Asia to remain self-sufficient and to operate independently from UK oversight. TBNI completed its programs with both projects and has enabled these affiliates to pursue broad TBN objectives whilst developing their own sustainable funding and organisational capacity.

TBN International scaled down its operations in the UK and will now concentrate on developing its UK network of purpose-driven entrepreneurs to initiate projects with like-minded network members, to develop new programs and sources of funding for TBN’s ongoing mission.

FINANCIAL REVIEW

Financial position

Throughout the past financial year TBNI has operated with voluntary support from Trustees and members, which has minimised overhead and ensured that activity is fully committed to projects.TBN incurred costs of £1,462 for its own activities (2025: £3), which was funded entirely from unrestricted reserves.

TBIN recorded other income £2,505 and net expenditure of £1,462 in the year (2025: net expenditure £3), as it used unrestricted funds for current activity. The charity retains reserves of £15,328 all of which are unrestricted. TBNI has now established its operations to continue with voluntary initiatives and support. TBNI did not receive membership donations in the year and will continue to activate its support network in 2026/27.

Reserves policy

TBNI’s policy is to hold reserves adequate to ensure that forecast expenditures are met by currently available cash and committed grant funding. Restricted funds will be allocated in accordance with the constraints specified by the donor and the balance of funds required will be met from unrestricted funds. The Directors have prepared cash flow forecasts for TBNI for a period of at least 12 months from the date of approval of these financial statements, which show that TBNI will be able to meet its obligations when they become due.

GRANTS MAKING POLICIES

As this is currently a limited direct activity, each opportunity and request are reviewed on a case-by-case basis as funds permit.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Transformational Business Network International is registered as a charitable company limited by guarantee and is governed by the Memorandum and Articles of Association dated 21 December 2016.

There were no changes in the structure or management of the company during the period of this report.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04667035 (England and Wales)

Registered Charity number

1099302

Registered office

Unit 2.02 High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

Trustees

The trustees who served the charity during the period were as follows:

Mr S D McGreevy

Mr J W Skinner

Mr M D Sterling

Approved by order of the board of trustees on 12 October 2026 and signed on its behalf by:

Mr M D Sterling - Trustee

2026

2025

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Other income

2,505

-

2,505

-

EXPENDITURE ON

Charitable activities

Support and governance costs

1,462

-

1,462

3

NET INCOME/(EXPENDITURE)

1,043

-

1,043

(3

)

RECONCILIATION OF FUNDS

Total funds brought forward

14,285

-

14,285

14,288

TOTAL FUNDS CARRIED FORWARD

15,328

-

15,328

14,285

CONTINUING OPERATIONS

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditures have arisen from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

2026

2025

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

CURRENT ASSETS

Debtors

4

15,328

-

15,328

15,328

Cash at bank

-

-

-

1,462

15,328

-

15,328

16,790

CREDITORS

Amounts falling due within one year

5

-

-

-

(2,505

)

NET CURRENT ASSETS

15,328

-

15,328

14,285

TOTAL ASSETS LESS CURRENT LIABILITIES

15,328

-

15,328

14,285

NET ASSETS/(LIABILITIES)

15,328

-

15,328

14,285

FUNDS

6

Unrestricted funds

15,328

14,285

TOTAL FUNDS

15,328

14,285

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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.

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 12 October 2026 and were signed on its behalf by:

Mr M D Sterling - Trustee

1.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

Transformational Business Network International is a private charitable company limited by guarantee incorporated in England and Wales, registered number 04667035. Details of the registered office and principal activities are included in the company's Trustees’ report.

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 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', the and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The accounts are prepared in Pounds Sterling (£) and amounts have been adjusted to the nearest £.

Transformational Business Network International is a Public Benefit Entity as defined by FRS102.

GOING CONCERN

The company’s financial statements have been prepared on a going concern basis, which the directors believe to be appropriate for the following reasons. The directors have completed a detailed review of current trading which has included consideration of the financial position as at the date of approval of these financial statements and the projected results and financial position covering 12 months from the date of approval of these financial statements. The charity has reserves and grants committed sufficient to meet its current and future obligations.

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. Donations and grant income are recognised on receipt, provided all conditions pertaining to the donation have been met.

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.

TAXATION

The charity is exempt from corporation tax on its charitable activities.

FUND ACCOUNTING

General funds are unrestricted funds which are available for the use at the discretion of the trustees in furtherance of the general objectives of Transformational Business Network International and which have not been designated for the other purposes.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.

Financial Instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Cash and cash equivalents

Cash and cash equivalents include cash at bank and in hand, overdrafts and short term highly liquid investments such as bank deposits less advances from banks repayable within 3 months from date of advance.

Accounting judgements and estimates

In applying the Group’s accounting policies, which are described in note 1, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors considered to be relevant. Actual results may differ from these estimates.

The estimates and assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. In the opinion of the Trustees, no significant judgements or estimates were required in the preparation of these statements.

2.	SUPPORT COSTS

Other

£

Support and governance costs

1,462

The charity differentiates between fundraising, program & implementation, and support & governance costs. Costs are allocated between these categories based on time spent or specific allocations for disbursements.

No fundraising costs nor program & implementation costs were incurred in the current or prior year.

Support and governance costs in the current and prior year were incurred entirely from unrestricted funds.

3.	TRUSTEES' REMUNERATION AND BENEFITS

There was no Trustees’ remuneration paid for the year ended 31 January 2026 nor for the year ended 31 January 2025. There were no amounts reimbursed to Trustees during the year for expenses incurred in carrying out their duties (2025: £Nil).

TRUSTEES' EXPENSES

There were no trustees' expenses paid for the year ended 31 January 2026 nor for the year ended 31 January 2025.

4.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

2,597

2,597

Trustbridge funds

4,033

4,033

Other Debtors - TBN Ltd

8,698

8,698

15,328

15,328

5.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

-

2,505

6.	MOVEMENT IN FUNDS

Net

movement

At

At 1.2.25

in funds

31.1.26

£

£

£

Unrestricted funds

General fund

14,285

1,043

15,328

TOTAL FUNDS

14,285

1,043

15,328

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

2,505

(1,462

)

1,043

TOTAL FUNDS

2,505

(1,462

)

1,043

Comparatives for movement in funds

Net

movement

At

At 1.2.24

in funds

31.1.25

£

£

£

Unrestricted fund

14,288

(3

)

14,285

TOTAL FUNDS

14,288

(3

)

14,285

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted fund

-

(3

)

(3

)

TOTAL FUNDS

-

(3

)

(3

)

7.	RELATED PARTY DISCLOSURES

TBN International has in prior years engaged in transactions with TBN Ltd, a company with common Directors. The purpose of TBN Ltd. is to engage in commercial activity in support of the objectives of TBN International, and the profits of the company are committed to be donated in full to TBNI. The value of transactions with TBN Ltd. was £nil (2025: £nil). The balance outstanding on 31 January 2026 was £8,698 (2025: £8,698).