REGISTERED COMPANY NUMBER: 03171090 (England and Wales) REGISTERED CHARITY NUMBER: 1053720 Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 June 2024 for OCKENDEN INTERNATK)NAL Knox Cropper LLP Chartered Accountants 153 -155 London Road Hemel Hempstead Hertfordshire HP3 9SQ •ADZBClJ¥ 2810312025 COMPANIES HOUSE A27
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OCKENDEN INTERNATIONAL Contents of Ihe Financial Ststements for the Year Ended 30 June 2024 Page Report of the Trustees Independent Examinefs Report Statement of Financial Activilies Balance Sheet 7 to 8 Notes to the Financial Statements 9 to 15 Detailed Statement of Financial Activities 16 to 17
OCKENDEN INTERNATK)NAL Report ol the Trustees for the Year Ended 30 June 2024 The trustees who are also directors of Ihe ¢harty for the purposes of Ihe Companies 2006. present their report with the financial ststements of Ihe chanty for the year ended 30 June 2024. The trustees have adopted the provisions of A¢¢ounting and Reporbng by Charrties" Statement of Recommended Practice applicable lo charrties preparing their accounls in accx)rdance with the Financial Reporting Standard applicable in the UK and Republic of IrelarKI (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims Ockenden International works to support refvgees, displaced people and their host communities as well as those retuming from where they had fled wrth a view to facilitatirvJ the self_re11an of these groups and their communitses. Ockenden Intemalional believes that all refugees and displaced people have a right to live with dignity and to be supported in seeking to achieve self-reliance. Whilst histOrally, Ockenden Intematsonal and its predecessor. the Od(enden Venture, wDrked overseas and in the UK, Ockenden Internatial has. since %)08. operaled solely as a grant-making chartly. Through its grant-making activth'es, Ihe key airrts of ockeIen Intemational are: • To support projects that enable displaced people and communtiies to parbcipate in their own development • To ensure that those affected by displa¢ement have the opportunity to fijlfil their FL)tenlial and that displacement is not a baler to achteving this . To support wojects that help people lo overwne dependency on sh-terM aid • To provide diSplad people with the opportunty to be heard and ensure the mosl vulnerable are irlUded in this • To support and enaNe research into refugee issues Public benefft The trustees confirm that they have referred to the guidance coniained in the Charity Commission's general guidance on public benefit when reviewing the charitys aims and objecb'ves and in planning future activities. Ockenden Inlernational's grant making aclivity is based on funding the C>d(enden Intemabonal Prizes. Page 1
OCKENDEN INTERNATIONAL Report of the Trustees for the Year Ended 30 June 2024 ACHIEVEMENT AND PERFORMANCE Charitable activities 1. The Ockenden International Prizes Ockenden Intemational PrEes reward innovats've and successful projects by OrganiOnS working to provide SUSlainatAe self-re1lan direclly nefitting refugees anwor aispiaced people. During the year O¢kenden Intematronal ¢ondu¢ted its 12th annual open wmwition. with a red 174 entries from 56 countries submitted for ¢J)nsMJeration for the four annual £25,CM]O Ockenden International Prizes. The 2024 prizes vMe cyen to prcie¢ts or prcKJrammes focused C di¥Aaced people andlor refugee self-reliar)ce anywhere in the workl. The judging process consisted of three slages: . an internal compliance prOsS to ensure all entries adhered to the 2024 entry rules • the entries. induding entry foms and abbreviated financial documents. were reviewed by four OckerKlen Trustees. who drew up a 5hortlist of 10 entries for consideratKJn by an independent judging panel, all of whom are experts in their chosen field. The trustees aLso considered wkEther the ganiSatIonS who h&J entered were suitable winner5 of chartty funds ' each member of th yearfs eight-person judging panel for the 12 finalists VRS provided wrth a full set of the shortlisted entries including due diligence reports, the ffinalists. submt5sions. registration rtIficateS from their relevani goveming bodies, project accounts and references from two independent referees in mid February 2024, to enable them to review the entries before the panel gatr*ered in a hybrid meeting { judges attended remotely) in The Forum at The Frontline Club, Paddington on Tuesday 12 March 2024 for final deliberations and decns. wilh the wnners of Ihe 2024 Ockenden lntematnal Prizes announced on Monday 25 March 2024. The four winneis of the 2024 contest cAme from the Unrted "Tr3doM. Thailand, Iraq and Uganda. Each winner was awarded £25.(KJO. rewarding - and recognising their sU(S in advancirwJ self-reliance among dtsplaced persons. The 2024 winners arKI their projects: Connected Routes CIC UK'S The Routes Mentonng Programme,. Dare Network, Thailand'5 'Phop Phra Centre Expansion. projecl. Free Yezidi Foundation Iraq's 'Enterprise and Training Centef prcyecl. Unidos Social Innovation C•ntr• . Uganda for its agriwltural project Regonerate the soil {REGESOIL)'. Each winner musl use the prize money to help refugees andlor displaced persms in need in accordance with English charity law. The 2024 independent judging panel: • Michael Buerk (Chair). broadcaster Dr Dawn Chatty, Enierita Professor of Anthropology and Forced Migration: fomier Director of the Refugee Studies Centre, Oxlord and Ementus Fellow, St Cross College. Dr Georgia Cole. Chancellorfs Fellow at Ihe Universty of Edinburgh in tIE School of Social and Politscal sciens. Fomier JoyrE Pearce Junior Research Fellow. Refvgee Studies CentrelLMH. Oxford. Robert Hakiza. Agncullural Engineer. CLFoUnder & ExecutNe Director of YARID (Young African Refugees for Integral Development). the winner of the 2016 Ockenden Intemational Prize. founding member of the refugee-led neork. Refugee Advocator. a board member of the aobal Refugee Led Netwotk (GRN), Chairperson of Africa Refugee Led Network (ARN). an Aspen New Voices Fell(yw aThJ TED Fellow. Page 2
OCKENDEN INTERNATIONAL Report of the Trustees for the Year Ended 30 June 2024 Dr Avila Kilmurray, works wilh the Social Change Inth'ative (SCI) on peabuIldIng and migration rights programmes. Avila is a Board member of Ihe Intem*"onal Fund for Ireland. a Trustee of Ihe Sl. Stephen's Green Trust (Irelandl and Hon. Professor wtth the Mitchdl Inskn'tule, Queens University Belfast. . Alice Nah, Associale Professor, Department of Sociobgy. and CTrOirector of the Human Rights and Social Justice Cenlre. University of Durham. Dame Frances Lannon. former Principal and HOary Fellow of Lady Margaret Hall (LMH), University of Oxford. . Mike Wooldridge, OBE, former BBC Foreun CorresFM)ndent. Ockenden International trustee Mr James Beale acted in an advisory capaaty. Ockenden will award its 13th annual prizes in March 2025. The call for entries, which launched a fifth bxize for projects advanong the self-reliance of refugees andlcf asylum-seekers living in the UK, was made on Sunday 1 September 2024 with a three-month deadline for submissions, which dc6ed al mKlnight (GMT) on Satufday 30 November 2024. Further details of Ockenden's vmrk can be found on its website W4V•V.ockerKlenpnzes.org. FINANCIAL REVIEW Financial position A Statement of Financial ActsvItS is included on page 6. There was a surplus of funds of £295,243 (2023.. deficit £661). Gross income for the year was £326,762 {2023: £129,734). Voluntary incA)me sources represented £248.439 (2023.. £59,371). £241.532 of this income is due to be received after the year end and is shown as accrued incx)me within debtor5. A further £78,323 {2023'. £70.363) was eamed from investrnents. All funds now held are unrestricted and at 30 June 2024 Ihese arrthnted to £3.155.672 (2023 - £2,860,429). Investmenl policy and ow-ectives Ockenden's investments are held in a (Thibinatr'on of investments managed by Rathbone5. comprising equitses, fixed inc(yne and allemab've investments, and cash. The equities frjnd does not invest in companies whose products are asscoate(I with the ams industry. Reserves policy Ockenden's free reserves sland at £3.155,672 (2023: £2.860.429). It is the Trustees current F4)licy to fund spending from eamings from financial investments. along with donations and legacy inrne whilst. insofar as is FM)ssible, retaining the value of the sum invested. This is to ensure that Ockenden wll have sufficient funding to fulfil the long term plans in respect of the annual prize. The Trustees reviewed the position in relation to the reserves on 16 October 2023. Going concern After making appropriate enquiries. the Trustees have a reaSonae expectation that Ockenden has adequate resources to meet any commitments and sustain a (parable level of athvity for at least ihe next twelve months from the approval of Ihe financial statements. and trrefOre Ihe financial statements have been prepared on Ihe going COnM basts. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document O¢kenden Intemalional is a company limited by guarantee. as defined by the companies Act 2006, and a registered charity Its goveming document is its Arb¢les of AsSatron. vthich provide for a Board of Truslees (the director5 of the company) who are also the members of the company for the purposes of ¢(xnpany law. The Board of Trustees have ulb'mate respmsibility for the management and administration of the charity. The Board compnses of not fewer than 3 and not more than 10 persons. The Board has the wwer to app)int additional trustees and seeks to ensure Ihere is an appropnate mix of skills ar¥J experien(% on Ihe Board when exercising that power. Page 3
OCKENDEN INTERNATIONAL Report of the Trustees for the Year Ended 30 June 2024 REFERENCE AND ADMINISTRATIVE DETAILS Registered Company numbef 03171090 (England and Wales) Registered Charity number 1053720 Registered office Third Fl¢)or 20 Old Bailey London EC4M 7AN Trustees J P Beale J M In9ham K Mcconnachie S M Omollo VERay Independent Examiner Slephen Anderson FCCA Knox Cropper LLP Chartered Accountants 153 -155 London Road Hemel Hempstead Hertfordshire HP3 9SQ Approved by Lyder of Ihe board of trustees on 24 March 2025 and signed on its behalf by: Judith Ingham - Trustee Page 4
Independent Examlnefs Report to the Truslees of Ockenden Internalional Independent examinefs rePt to the trustees of Ockenden Intemational Cthe Compan) I report to the charty trustees on my examination of the accounts of the Company for the year ended 30 June 2024. Responsibilities and basis of report As Ihe charity's trustees of the Company (and also ts diredors for the purposes of o)mpany law) you are responsible for the preparation of the accounts in accordance with the reqUirnents of the Companies Act 2006 {'the 2006 Acr). Having satisfied myself Ihat the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are e1ible for independent examination. I report in respect of my examination of your chantls aCUnts as carried out under SectK)n 145 of the Charitses Acl 2011 {Ihe 2011 Acf). In carrying out my examination I have folk)wed Ihe Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Independent examinerfs statement sin your charivs gross income exceeded £250.OCK) your examiner musl be a member of a listed bcxly. I can confirm thal l am qualified lo undertake the examination l)e¢ause l am a member of the Association of Chartered Certified Accountants, whith is one of the listed bodies. I have completed my examination. I confirm that no matters have come to rny attention in connection wth the examination giving me cause to believe". aCunting rewrds were not kept in respect of the Company as required by Seth"on 386 of the 2006 the accounts (h) not ac¢ord with those records: or the acLounts do not mmply with the accounbng requirements of SeclK>n 396 of the 20Cfi Act other than any requirement that the accounls give a true army fair view which is not a matter considered as part of an independent examinats"on'. or the accounts have not been prepared in acCOrdare wth Ihe methods and principles of the Statement of Recommended Prath for accounbng and reFKJrtsng by chantses (applicable to charitses preparing Iheir accounts in accordance with the Financial Reporting Stsndard applicable in Ihe UK and Republic of Ireland IFRS 102))_ I have no o)n¢erns and have )rne across no other matters in connection wth the examination to lch attention should be drawn in this report in (xder to enable a proper understanding of the acq)unls to be reached. stephen Anderson FCCA Knox Cropper LLP Chartered A¢countants 153 -155 London Road Hemel Hempstead Herttordshire HP3 9SQ Date: .. Page S
OCKENDEN INTERNATIONAL Stslement of Financlal Adivltles for the Year Ended 30 June 2024 2024 2023 Total funds UnrestriGted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 248.439 59.371 Investrnent income 78.323 70.363 Total 326,762 129.734 EXPENDITURE ON Raising funds 17298 17.499 Charitable activities Overseas programmes UK prc*Jrammes 149,952 49,986 180.732 5.000 Total 217236 203.231 Net gams on investments 185.717 72.836 NET INCoMEI(EXPENDuRE) 295.243 1661) RECONCILIATION OF FUNDS Total funds brought forward 2,860,429 2.861.090 TOTAL FUNDS CARRIED FORWARD 3,155,672 2,860,429 The notes fom part of these financial statements Page 6
OCKENDEN INTERNATIONAL Registered company number: 03171090 Registered charity number.. 1053720 Balance Sheet 30 June 2024 2024 2023 Total lunds Unrestricted fund Notes FIXED ASSETS Investments Investments Investrnent property 2.867.519 25,000 2.781,747 25,000 10 2.892.519 2.806,747 CURRENT ASSETS Debtors Cash at bank 11 243.918 34.182 759 68.075 278.100 68.834 CREDITORS Amounts falling due Nthin one year 12 (14.947) (15.1521 NET cuRREr ASSETS 263.153 53.682 TOTAL ASSETS LESS CURRENT LIABILITIES 3,155.672 2.860.429 NET ASSETS 3,155.672 2,860.429 FUNDS Unrestricted fijnds 13 3,155.672 2.860,429 TOTAL FUNDS 3,155,672 2.860,429 The charitable company is entsed to exemptson from audrt under Section 477 of the Companies Act 2006 for the year ended 30 June 2024. The members have not required the ¢ompany to obtsin an audit of its financ1 statements ts the yeai ended 30 June 2024 in accordance wrth Sedion 476 of the Companies Ad 2006 The trustees acknowledge thr responsibilits'es for (ai ensunng thal Ihe chantsbie c£rfnpany keeps accountsng records that compty )Mth Sects(ms 386 and 367 of the Companies Act 2006 and preparing finanaal 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 defirAt fcf each financial year in accordance wth Ihe requirements of SectK)ns 394 and 395 arKI lch otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable Company. (b) Th& Thxes fom part of Ihese ffftwcial ststements Page 7 tontinued...
OCKENOEN INTERNATIONAL Registered company number.. 03171090 Registered charity number.. 1053720 Balance Sheet - conlinued 30 June 2024 These financial statemenls have been prepared in accordance wrth the provisions applicable to charitable companies subject to the small companies regime. The financial staternents were approved by the Board of Trustees and authorised for issue on 24 March 2025 and were signed on its behalf by: Judith Ingham - Tnjstee Registered company number: 03171090 Registered charity number 1053720 The notes f¢m part of these financial slatements Page 8
OCKENOEN INTERNATIONAL Noles lo the Flnanclal Statements lor the Year Ended 30 June 2024 ACCOUNTING POLICIES Basis of preparing the financial sLments The financial statements of the charrtable o)mpany. whK is a public benefit entity under FRS 102, have been prepared in accordance with Ihe Charitses SORP {FRS 1021 'AccL)unting and Reporbng by Charib'es: Statement of RecA)mmended Practice appli&*Ae to charib'es prepanng their accounts in accL)rdance )Mm me Financial Rewrting Standard applicable in Ihe UK ano Republic of IrelarKI (FRS 102) {effects've 1 January 2019),. Financial Reportiry 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 historul cost convention, wth the excetknn of investments which are included at market value. as rrKKJified by the revalUatn of certain assets. Critical accounling judgements and key sources of estimation uncerlainty In Ihe application of charity's accounting polie$. the directo are required to make judgements, estimates and assumptions abjut the carryng amounts of assets and liabilities that are not readily apparent from other sources. The esb'mates and assocoted assumpbons are based on historical experience and other factors Ihat are considered lo be relevant. Actual results may drfter from these estimates. The ests'mates and underfying assumptions are reviewed on an ongoing basis. Revisions to accounting ests'mates are recoJnised in the pericyj in which the eslimate is revised if the revision reflects only that perirxl, or in Ihe perM)d of the revision and future periods if the revision affecis both rrent and future pericrfts. There were Tr) judgements or material estimation unr£rtainties affecting the reported financial performance in the cuent or Pri year. Income Donations are irKluded in incx)me wthen they are received. Fcf donatsons reiVed under Gift A'd, income tax is accounted for on a recervable basis. Legacy income is included when the charitable rnpanY is legally entrtled to the income and the amount and the timing of receipt can be quantified with reasonable accuracy. Investrnent income is a¢¢ounted for on a receivable basis. Expenditure Liabilits'es are recognised as expenditure as swn as tsre is a legal or nstructive obligation cammitting the chanty to thal expenditure. it is probable that a transfer of economic benefits will be required in setllement and the amunt of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been dassffEd under headings thal aggregale all ¢ost related to Ihe category. Where costs cannot be directly amributed to particular headings they have been allocated to activities on a bask8 consistent wrth the use of resources. Grants payable are payments made to Ihird parties in the turtherance of the chantable objectsves of the ¢hantable company The grants are accA)unted for where erther the trustees have agreed lo pay the grant wilhout condition and the recipient has a reasonable expectsb'on that they will receive a grant. c any conditron attaching lo Ihe grant is outside the controi of the charitable company. Investment property Investment property is shown at most rent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in Ihe Statement of Finartial Activities. Taxation The chanty is exempt from ClI0n tax on rts charttable actNilies. Fund accounting Funds held by the charitable company a unrestricted lunds. Page 9 conb"nued...
OCKENDEN INTERNATIONAL Notes to the FinanGial Stalements - contlnued for Ihe Year Ended 30 June 2024 ACCOUNTING POLICIES - continued Foreign currencies Assets and liabilil*s in foren currencies are translated into slerling at the rates of exchange ruling at the balance sheet date Transactions in foreign cuThen¢ies are Iranslated into sterling at the rate of exchange njling al the date of transactn. Exchange differences are taken into accounl in arriving at the operatlng resull. Investments Fixed asset investments are stated at market valuation. where market value represents the mid-markel price on the last tradirvJ day before the year end. Any unrealised or realised gainsllosses arising from investments are re¢ognised in the statement of finanrial activi"es. INVESTMENT INCOME 2024 2023 Dewsit account interest Dividend Income 16,182 62,141 7,671 62,692 78,323 70,363 RAISING FUNDS Investment rnanagement costs 2024 2023 Portfolio management 17.067 17.266 GRANTS PAYABLE 2024 2023 Overseas programmes UK programmes 75,000 25.000 11x1,000 5,000 100,000 105.000 The total grants paKI to inslrtutss during Ihe year was as follows: 2024 2023 JRF (Lady Margaret Hall) Otros Dreams en Acci n Hope Health Action Easl Africa SINA Uganda Shanti Volunleer Assooalil Connecled Routes CIC Dare NeIk Free Yezidi Foundation Unidos Social lnnovatt.on Center 5.000 25.000 25.000 25,000 25.000 25,000 25.000 25.000 25,000 100.000 105.000 Pa92 10 onb"nued...
OCKENDEN INTERNATIONAL Notes to the Financlal Stalements -"continued for the Year Ended 30 June 2024 SUPPORT COSTS Information lechndogy Management Fance Overseas programmes UK programmes 41.950 13,984 .458 153 22,328 7,442 55,934 611 29,770 G0manCe costs Olher Totals Overseas prc#3rammes UK tyogrammes 667 223 4,240 1,414 69.643 23,216 5.654 92.859 NET INCOMEI{EXPENDITURE) Net Incorr(expendlture} is slated after charginW(credtb'ng)'. 2024 2023 Independent examinerfs rnUneratIOn 5.000 3.400 TRUSTEES. REMUNERATION AND BENEFrrs The trustees re1ve no remunerabon for serVS provrded but may be reimbursed for any expenses incurred,. these tolalled £Nil (2023.. £Nil) The charitable company has purchased indemnity insuran for the truslees and other officers to protect against the consequences of neglect or default on their part. the cost ofthe insurance is £654 (2023.. £1,491). Trustees. expenses There were no trustees. expenses paKI for Ihe year ended 30 June 2024 nor the year ended 30 June 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTNMES Unrestricted nd INCOME AND ENDOWMENTS FROM Donations and legacies 59,371 Investrnent incon 70,363 Total 129.734 EXPENDITURE ON Raising funds 17,499 Charitable activities Overseas prcwJrammes UK programmes 180.732 5.fxio Page 11 continued...
OCKENDEN INTERNATIONAL Notes to the Finan¢lal Slatements - Gonlinued lor the Year Ended 30 June 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestrided fund Tolal 203.231 Nei gains on investffEnts 72.836 NET INCOMEI(EXPENDITURE) {661) RECONCILIATION OF FUNDS Total lunds br¢)ught lo3rd 2,861,090 TOTAL FUNDS CARRIED FORWARD 2.860.429 FIXED ASSET INVESTMENTS Cash and settlements pending Listed investments Tolals MARKET VALUE At 1 July 2023 Additions Pr¢¢eeds Gainsl(losses) 2.683.529 415,669 (520,827) 185.717 98.218 2.781.747 597.408 1.013.OTT {592,195I 11,113,022) 185.717 At 30 JurÉ 2024 2.764,088 103.431 2,867,519 NET BOOK VALUE At 30 June 2024 2.764,088 103.431 2.867.519 At 30 June 2023 2.683,529 98.218 2,781.747 Listed investments are held wthin an investrr*nt p)rtfolio and are invested in varh)us different types of funds including unit trus15, bonds and equities. The foll(ywing investments represent those holdirvJs that. by mathet value. exed 50/ty of the total market value of the listed investrnent portfolios. Proportion of total lisled value 5.9% 5.2°/. 6.10 Findlay Park Funds ICAV- American Inc {USD) JP Morgan Asset Managers - US Equity income C2 Net Inc Jupiter Asset Managers - Merian N Amer Equty U2 Acc Page 12 Continued...
OCKENDEN INTERNATIONAL Notes to the Flnanclal Statements - contlnued lor the Year Ended 30 June 2024 FIXED ASSET INVESTMENTS - continued Cost or valuation at 30 June 2024 is represenled by.. Cash and settlements pending Listed investments Totsls Valuation in 2024 2,764.088 103,431 2,867,519 10. INVESTMENT PROPERTY FAIR VALUE At 1 July 2023 aThJ 30 June 2024 25.000 NET BOOK VALUE At 30 June 2024 25.000 At 30 June 2023 25.000 11. DEBTORS: AMOUNTS FALUNG DUE WH1N ONE YEAR 2024 2023 Accrued income Prepayments 241,532 2,386 759 243,918 759 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Ac¢rued expenses 10.627 4.320 4,206 10,946 14.947 15.152 13. MOVEMENT IN FUNDS Net movemenl in funds At 30.6.24 At 1.7.23 Unrestricted funds General fund 2,860.429 295.243 3,155,672 TOTAL FUNOS 2,860.429 295,243 3,155.672 Page 13 continued...
OCKENDEN INTERNATIONAL Notes to the Flnancial Statements - contlnued lor the Year Ended 30 June 2024 13. MOVEMENT IN FUNDS - continued Net movement in funds, induded in above are as follows.. IncomirYJ resourc•s Resr¢e$ expended Gain$ and losses Movement in funds Unrestricted funds General fund 326.762 (2172361 185,717 295,243 TOTAL FUNDS 326,762 {217.230) 185,717 295,243 Comparatives for movement in funds Net movement in funds At 30.6.23 At 1.7.22 Unrestricted funds General fund 2.861,090 (661 } 2,860.429 TOTAL FUNDS 2.861.090 1661 > 2,860,429 Comparative net movement in funds, induded in the atrf)ve are as follows" Incomir Gains and losses Movement in funds expended Unrestricted funds General lund 129.734 (203.231) 72,836 (661) TOTAL FUNDS 129.734 (203,231) 72.836 (661) A current year 12 rronths and prior year 12 months cc*nbined POSttDn is as folk)ws." Net movernenl in fijnds Al 30.6.24 At 1.7.22 Unrestricted funds General fund 2.861,090 294.582 3.155,672 TOTAL FUNDS 2.861.090 294,582 3.155.672 Page 14 continued...
OCKENDEN INTERNATIONAL Notes to the Flnancial Slatements- continued for th• Y•ar Ended 30 June 2024 13. MOVEMENT IN FUNDS - continued A current year 12 months and wor year 12 months combined net movement in funds. induded in the above are as follows: Incy)ming resources Gains and MOvemt in funds expeThled Unrestricted funds General fund 456,496 (420.467) 258.553 294,582 TOTAL FUNDS 456,496 (420.467) 258.553 294,582 14. RELATED PARTY DISCLOSURES Ms Judith Ingham. a trustee. a consultant V+ilh WitheT5. the charty's sdicilors. As permitted by the Memorandum and hrtides of Associatton. Withers charged Ihe charity a total of £40.217 (2023: £34,013) for legal advice. Page 15
OCKENDEN INTERNATIONAL Detslled Statement ol Flnancial Activities for the Year Ended 30 June 2024 2024 2023 INCOME AND ENDOV¥MENTS Donations and legacies Donation5 Legacies 28,789 219.fJ50 4,371 55.000 248,439 59.371 Investmenl income Deposit account interest Dividend Income 16.182 62,141 7.671 62.692 78,323 70.363 Total incoming resources 326.762 129.734 EXPENDITURE Raising donations and legacies Just giving fees 231 233 Investment managemenl costs Porttolio management 17,067 17,266 Charitable activilies Prize giving costs Grants to insts'tub'ons 7.079 100,000 6.922 105.000 107.079 111.922 Support costs Management Sundries Accountancy Legal fees Rent Professional fees 158 9.240 34.013 1.996 9.672 40,217 2.239 3.000 55,934 45.407 Finance Bank charges 611 638 Infomiation technology Software Website 370 29,400 324 22,550 29,770 22.874 This page does noi fLYm part of tho slatul(xy financial statsm8nts Page 16
OCKENOEN INTERNATIONAL Detailed Statemenl of Flnancial Activities for the Year Ended 30 June 2024 2024 2023 Infomiation le¢hnology Other Insurance 890 Governance costs Independent examiners remuneratic Insurance 5.000 654 3.400 1.491 5,654 4.891 Total resources expended 217,236 203.231 Net incomel(expenditure) before gains and losses 109.526 {73.497) Recognised gains and losses Gainsl(losses) on fixe(l asset investments 185.717 72.836 Net incomel(expenditure) 295,243 1661) This page does rK>t part of the Statut fnancial statements Page 17