BEAUTY FROM ASHES ANNUAL REPORT AND FINANaAL sfATEMENTS FOR TrIE YEAR ENDED 31 ocfoBER 2024 A Company Limlted by Guarantee and not havlrw a Share Capltal Reglstration Number 03581341 In England and Wales Ister&l Chartty Number 1072149 Pls[On Accountsncy Sulte 48149 Brndbourne House New Road East Malllng Kent ME19 6DZ
Beauty from Ashes (A company Ilmlted by guarantee and not havlng share capltal) COrE[rS For the year ended 31st October 2024 PAGE REPORTS Report of the Trustees Report of the Independent Examlner FINANCIAL sfATEMENTS ststement of flnanclal Acuvlties Balan Sheet 10 Notes to the Flnanclal Statements 11-18
Beauty from Ashes {A company Ilmlted by guarantee and not havlng thare Catal) REPORT OF THE TRusfEES FOR ThE YEAR ENDED 31 ocfoBER 2024 The trustees of Beauty from Ashes ("BFA") are pleased to present thelr annual trustees, report together wlth flnanclal statements of the charity for the year ended 31 OctolRr 2024, whlch are also prepared to meet the requlrements for a dlrectors. report and accounts for Companles Act purposes, The flnanclal statements have been prepared In accordan wlth the Charltles Att 2011, the Companles Att 2006, the Memorandum and Artides of Assoclatlon and Accountlng and Reportlng by Char5tle5: Ststement of Recommended Practlce appllcable to charltles prEparlng thelr accounts In accordance wlth the Flnanclal Reporting Statement appllcable In the UK and Republlc of Ireland (FRS 102) OBJECrnIES AND ACTIVITtES PRINCIPAL OBJEcfIvES The prlnclpal objects of BFA are: to advance the Chrlstlan falth; to relleve and a%ist pè)ple experlendng physlcal, mentsl and emotlonal sufferlng; and to help churches and other Christlan organlsatlons to understand and asslst those sufferlng from loss and bereavement, and other Sssues of emotlonal confllrt and paln by runnlng teachlng days and workshops. AcrtVlTIES The charity SUPPOrted the mlnlstry of JennSfer Rees-Larcombe untll her death on 24 Ortober 2022. Jennlfer was supported by a dedlcated team who were led by Carol B05tock, who was consecrated to run the Charity on 13 March 2023. The majorlty of the regular mlnlstry of the tharity Is now by onllne connectlons to uphold the values and principal objettives of the charlty and contlnues to offer., runnlng onllne teachlng, mlnlstry and tralnlng days; hostln9 retreat days at venues throughout the Brltlsh Isles; offerlng appolntment5 for prayer mlnlstryi speaklng at conferenos, church servlces and teachlng days, wrltlng books, Blble study notes and arbdes; provldlng a suitsble team of people to be avallable most days of the week. In shaplng the objectlves for the year and plannlng the attlvlties, the trustee5 have consldered the Charity Commisslon's guldance on publlc benefft. As the actlvEtles of the tharlty are open to all who wish to avall themselves of them and funds a avallable to asslst th0 unable to fulty pay the cost, the trustees believe that their actlvltles meet the requlrements. The trustees set aslde ten percent of the majorlty of the charlty's Income In an Unrestrlcted Deslgnated Fund whlth Is used to make grants to asslst tho* unable to afford to pay fee5 for away days and other events and to support the work of other slmllar charS eThY organlsatlons.
Beauty from Ashe5 (A company Ilmlted by guarantee and not havlng share caiNtsI) ACHIEVEMENTS AND PERFORMANCE Beauty from Ashes offtrs support to those sufferlng grlef and loss, trauma and abuse. Slnce the start of the Covld-19 pandemlc, most of the mlnlstry actlvltles have been offered vla sodal medla platfomis. aients are glven the opportunlty to tslk to one of the Beauty from Ashes team, many of whom have been through major loss themsefves. The majorlty of these Interactlons are through onllne connectlon. Also, BFA wlll offer resldentlal retreats In varlous venues In the UK, when condltlons allow, for those who need resp5te from difflcult drcUmStan in a supportlve communlty. The charlty Is dependent upon volunteers to help run events and for prayer and for finandal support. It would not be p0$51ble to athleve our alms wlthout thelr contlnued support, The trustees are unable to quantSfy In this report the contrlbutlon volunteers and supporters make Sn the hours they glve, but the trustees wlsh to record thelr Immense gratitude for all the tlme, eneryy• prayer ar1 flnancial support they Invest In the charity's work. Slnce February 2025, Carol Bostock ¥vent on slck leave due to her health Issues and has been recoverlng steadlty accompanled by a few surgical operatlons. The charity ha5 contlnued to operate wlth volunteers enablement. A revlew Is In pla for Carol's contlnuous recovery before comlng back to full operatlon agaln, FINANCIAL REVIEW FINANCIAL REPORT FOR TrIE YEAR The Income on the unrestricted fund for the year amounted to £66,001 (2023.. £88,986) and the expenditu was £71,958 (2023.. £73,585), resultlng In a deficlt for the year of £5,957 (2023., surplus of £15,401). The trustees glve thanks to God for hls provlslon In dlfflcult tlmes and to all who support the trust's work in prdyer, ministry and flnanclally. RESERVES POUCY AND GOING CONCERN The trustees have examined the requirnent for free reserves, whlth are unrestrlcted funds whlch are not repre*nted by tanglble flxed assets and whSch are not deslgllated for speclffc purposes or otherwlse commltted. The trustee5 conslder tha¢ havlng regard to the natu of the actfvitles of BFA, the level of free reserves should be a minlmum of six months of expendlture on charltable actlvltles, whKh equates to £35,979 (2023.. £36,793). The trustees are of the oplnlon that thls would provlde 5ufflclent flexlblllty to cover fluctuatlons In Income flows and In meeung the cost of other CDlltlngencles. The trustees conlder the charlty to be a golng COnrn. FINANCIAL POSITION The balance sheet shows total assets of £121,056 (2023.. £129,889) comprf51ng the Unrestritted General Fund of £111,487 (2023: £120,050), the Unrestrlrted Deslgnated Support Fund of £6,496 (2023: £3,890) and the Restrlcted Funds of £3,073 (2023: £3,073) is a Restrlcted Fund, At 31 October by tanglble fixed assets, the deslgnated fund and the Testrkted fund, the free reseNes amounted to £111,487 (2023,. £122,926). This exceeds the mlnlmum reserves pollcy by £86,438 (2023: £86,133), whlch Is helpful In the Ilght of the current economk unrtaIntleS and the future development of the trust.
Beauty from A5he5 (A company Ilmlted by guarantee #nd havlng share capitsl) FUTURE PLANS The trustee5 conslder that the trust should continue In Its present struciure and functlon, conslderlng the contlnulng hlgh demand from Its cllents for its prayer mlnlstry. Followlng the Coronavlrus pandemic and the cessatlon of appointments for fa to fa mlnlstsy, Qulet Days and conftrence ministries, the cllent mlnlstry contlnues uslng letter, telephone and electronlc fomis of
mmunlcatlon. The trStee$ contlnue to address the need to ratse swffldent Income to meet the annual operatsng costs and the mlnlmum level of free reserves. STRUCTURE, GOVERNANCE AND MANAGEMENT CONlIoN BFA wa5 Incorporated on 15 June 1998 under company reglstratlon number 03581341. It15 a company limited by guarantee and not havlng any share capltsl. It was wlstered wlth the Charity Commlsslon under number 1072149. The trustees are also the members. PPINCIPLE & REGisfERED OFFICE Br3dbourne House Sulte 48149 New Road, East Malllng, Kent ME19 6DZ Telephone Emall Websits 01732 851146 Offl@bÈaUtyfr0MatheS.cO.uk www.beautyfromashes.co.uk TRusfEES The dlrectors of the charltable company are Its trustees for the purposes of charlly law. The trustees and officers who served throughout the year and lo the date of the signature of thls report were,, Mr Sanjeev P Manaktala Mr Steven Mcdonough-cooper (Reslgned 25 March 2025) Mrs Carol Mduckle (Appolnted 11 March 2024) Mrs Bryony J Brooke CHIEF EXECUThE Mrs Carol Bostock INDEPENDENT EXAMINER Mr J Bevls FCC4 Preclslon Accountancy Sulte 48149 Bradbourne House, New Road, East Malllngi Kent ME19 6DZ BANKERS Lloyds Bank plc 121 Hlgh Street Tonbrldge, Kent TN9 108 Investec Bank plc 30 Gresham Street London EC2V 7QP
Beauty from Ashes (A company Ilmlted by guarantee and not havlng Share capltsl) The number of trustees shall be not less than and Is not subject to a rnaxlmum number. The exlstlng Trustees appolnt new trustees on the basls of the ski115 required. All trustees must be over the age of 18 and subscrlbe to the Ststement of Beliets set out In the Memorandum of Assodatlon. Prlor to appointment, new trustees meet the Board and key members of stsff. The alms and obJettTrve5 of the charlty are explalned together wlth the dutles of a trustee, Also they recelve a copy of the Memorandum and Articles of Assoclation, a copy of the latest annual report and flnanclal statements and a booklet on the dutSes of charlty trustees. Trustees do not tIre by rotatlon and thelr terrns of offlce contlnue untS1 they sIgn or are removed In accordance wlth the provislons of the Artlcles of Assocktion. ORGANISATION BFA Is dlrectsd by the Board of Trustees, èll of whose members are volunteer5. They meet at least iw1 a year to dlscuss the strateglc Issues faclng the charlty and to support and encourage the work. The work of the tharlty was led by Mrs Jennlfer Rees-Larcombe untll her death and Ls now led by Mrs Carol BostocK and reports are made to the trustees at each meetlng. IUSK MANAGEMEl+rr The trustees have assessed the major rlsks, as Identifled by them, to whSch BFA Is exposed and are satlsfled that arrangements are In Pla to mltlgate those r15ks. The major rlsks are safeguardlng of dlents, staff and volunteers, health and safety IssLtes, flnancial regulatlons and controls and data storage and protectlon. These a$ have been set out In policy statements agreed and regularly updated by the trustees. They have been addressed by regular contsct wlth the CEO, admlnlstrator and finance offlr who dlscu55 the operation of the charlty and by speclflc and ongolng tralnlng for staff and volunteers. Addltionallyi Wlth Mrs Carol Bostock golng on slck leave due to the severe health1$5e5 as of February 2025, there Is a r15k for an organisational drlft wlthout there belng a temporary stand In. Thls has been addressed by both volunteers and external members agreelng to a programme plan In ensurlng the actlvltles of the charltles do not Stop and ensuring that thls operatlons of the charlty continue for when Carol does return. TRUSTEES, RESPONSIBILrriES IN RELATION TO TrIE FINANCIAL sfATEMEwrs The tru5tee5 (who are a150 the dlrectors of BFA for the pUoseS of company Jaw} are responslble for preparing a trustees, port (tncorporatlng the dlrettors, report) and flnanclal statements In accordance wlth applicable law and Unlted Klngdom Accountlng Standards Includlng Flnancl?I Reportlng Standard 102.. The Financlal Reportlng Standard applicable In the UK and Republlc of Ireland (Unltsd Kingdom Generally ACpted Accountlng Practio). Company law requlres the tru&ee5 to prepare flnanclal statements for each financlal year whlch glve a true and falr vlew of the state of affairs of the charltable company and of the Income and expendlture of the charitable company for that perlod. In preparing these finandal statements, the trus$ a qUired to., select sultable accountlng pollcies and then apply them conslstently; observe the methods and prlnclples In the Charltks SORP. make Judgements and estlmates that are reasonable and prudent; stste whether appllcable UK Accnuntlng Standards have been followej, subject to any materlal departures dlsclosed and explalned In the financial statements; and prepare the financlal siatements on the golng concern basis unless Itls Inapproprlats to presume that the charltable company wlll contlnue in operauon.
Beauty from A5he5 (A corr4)any Ilmlted by guarantee and not havlng share capltal) The trustees are respon51ble for malntalnSng proper accountlng records whlth dlsdose wlth reasonable accurdcy at any tlme the flnancial posltlon of the charltsble company and to enable them to ensure that the flnanclal siatements comply wlth the Companles Act 2006. They a also responslble for safeguardlng the aet5 of the charltable company and hence for taklng reasonable steps for the preventlon and detectlon of fraud and other Irregularities. The trustees aye responslble for the malntenance and Integrlty of the carporate and financlal Information included on the charltable company's webslte. Leglslatlon in the Unlted Klngdom governing the preparatlon and dlssemlnatlon of financial siatements may dlffer from leglslatl¢)n In other Jurlsdlctlons. Approved by the Board of Thistees onlE/g/wand slgned on Its behalf ty S P Manaktala Chaiman
Beauty from Ashes (A company Ilmoted by guarantee and not havlng share cathl) REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF BEAUTY FROM ASHES FOR ThE YEAR ENDED 31 ocfoBER 2024 I report to the charlty trustees on my examlnatlon of the accounts of Beauty from Ashes (the tharltsble company) for the year ended 31 October 2024 set out on pages 6 to 16. RESPONSIBILrrIES AND BASIS OF REPORT As the tharlty trustees of the company (and also Its dlrectors for the purposes of company law) you are responslble for the preparauon of the accounts In accordance wlth the requlrements of the Companles Act 2006 ('the 2006 Act). Havlng satlsfled myself that the accounts of the company are not requlred to be audlted under Part 16 of the 2006 Att and are ellglble for Independent examlnation, I report In SpeCt of my examlnatlon of your charlty's accounts as carrled out under sectlon 145 of the Charltles Act 2011 ("the 2011 Act ). In carrying out my examinatlon, I have followed the DlreLXlons given by the Charbty Commlsslon under sectlon 145(5)(b) of the 2011 Art. INDEPENDEr EXAMINER'S sfATEMENT I have completed my examlnatlon. I conflrm that no matters have come to my attentlon In connectlon wlth the examlnatlon which gfve me cau to belleve that: accountlng cord5 were not kept In respett of the company as qUIred by 5ectlon 386 of the 2006 Act; or 2. the accounts dld not accord wlth the accountlng records; or 3. the accounts dld not comply wlth the accountlng requlrements of ctlon 396 of the 2006 Att other than any requlrernent that the accounts glve a "true and falr" vlew whlch Is not a matter consldered as part of an Independent examlnatlon. or 4. the accounts have not teen prepared In accordance wlth the methods and Pdnclples of the ststement of Recommended Practlce for accounting and report5ng by charltles appllcable to chariiles preparlng thelr accounts In accordance wlth the Financlal Reportlng Stsndard appllcable In the UK and Republlc of Ireland (FRS 102), I have no conttrns and have come across no other matters In connectlon wlth the examinatlon to whlch attention should be drawn in this report In order to enable a proper uThlerstanding of the accounts to be reached. Mr J Bevls FCCA Prec151on Accountancy Sulte 48149 Bradbourne House, New Road, East Malllngi Kent ME19 6DZ Date lo'Lf
Beauty from Ashes (A company Ilmlbl by guarantee and not havlng share capttal) STATEMENT OF FINANCIAL ACTIvrrIES FOR THE YEAR ENDED 31 ocfoBER 2024 INCOME AND EXPENi>rruRE AccouKr Unrestrlrted funds RestrlLtsd Fund Total 2024 Total 2023 Note INCOME Donatlons and Legacles Income from Charltsble Actbvltles Income from Other Tradlng Actlvltles Suolus on Sale of Motor Vehlcles Investment Income TOTAL INCOME 51,676 13,015 51,676 13,015 57,640 26,006 12 12 716 3,920 704 EXPENDrruRe Costs of Raislng Funds Good5 Sold and Other Costs Expendlture on Charftsble Actlvltles TOTAL EXPENDrruRE 1,487 NEf INCOMEI(EXPENDITURE) FOR THE YEAR AND NET MOVEMENT IN FUNDS FOR THE YEAR Transfer between Funds -5,957 -5,957 15,401 RECONCILIATION OF FUNDS Total Funds brought forward at I November 2023 123,940 3,073 127,013 111,415 TOTAL FUNDS CARRIED FORWARD AT 31 ocfoBER 2024 £117 983 £121056 £126 816
Beauty frorn Ashe5 (A company Ilmlted by guarantee and not having share capltal) BALANCE SHEET AT 31 OCTOBER 2024 2024 2023 FIXED ASSETS Tanglble Assets 2,734 2,723 2,734 2,723 CURRENT ASSEfs Debtors Cash at Bank and In Hand 3,598 117,039 120 637 4,220 125,685 129,905 TOTAL CURRENT ASSErs LIABILITIES Credltors: amounts falllng due withln one year 2,315 2,740 2,315 2,740 NET CURRENT ASSErs 118,322 £121,056 127,166 £129 889 TOTAL NEf ASSETS THE FUNDS OF THE CHARrrY Unrestricted Income Funds Restrlcted Income Fund 117,983 3,073 126,816 3,073 TOTAL FUNDS £121056 £129,889 For the flnanclal year ended 31 October 2024 the charltable company was entltled to exemptlon from an audlt under sectlon 477 of the Companles Act 2006. The members have not required the company to obtaln an aud of It5 flnanclal statements for the year ended 31 Octoter 2024 In accordance wlth sectlon 476. The trustees acknowledge thelr responslbllltle5 for complylng wlth the requlrements of the Companles Act 2006 wlth resFect to accountlng records and the preparatlon of flnanclal statements. These flnanclal statements have been prepared In accordan wlth the provlslons appllcable to companles subjett to the small companles, regime. The flnanclal statements were approved by the b)ard of trustees and authorlsed for Issue on and are slgned on Its behalf by: S P Manaktala Chalnnan Company reglstration number 03581341 10
Beauty from khe5 (A company lImed by guarantse and not havlng thare (apltal) NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 oOBER 2024 l AccouNfiNG POUCIES The prlnclpal accountlng pollcles adopted, Judgements and key Sour of estlmatlon uncertalnty In the prepardtlon of the flnancial ststements a. l. Basls of Prepjratlon The flnanclal statements have been pPared in accordantr wlth Accounting and Reportlng by Charltles: Statement of Recomrnended Practlce appllcable to charltles preparlng thelr accounts In accordan wlth the Flnancial Reportlng Stsndard appllcable In the UK and Republlc of Ireland (FRS 102) (effectlve l January 2015) - (Charftles SORP (FRS 102), the Flnanclal Reporting Standard appllcable In the UK and Republlc of Iland (FRS 102) and the Companles Act 2006. Beauty from Ashes meets the deflnltion of a publlc benefit entity under FRS 102. Assets and Ilabllltles are Inltially recognlsed at hlstorlcal cost convention or transaction value unless Otherw1 stated In the relevant accountlng policy note. 1.2 R•conclllatlon with Generally Accepted Accountlng Prattlce In preparlng these accounts, the trustees have consIded whether In applylng the accountlng pollcles requlred by FRS 102 and the arItIeS SORP FPS 102 the restatement of comparatlve Items was requlred. No reststements were requlred. 1.3 Legal Status of th• Charlty The charlty Is a company limlted by guarantee and has no share capital. In the event of the charity belng wound up, the Ilablllty In respect of the guarantee Is Ilmlted to such sum, not exceedlng £10 per member of the d)arlty, as may be requlred durlng the perlod of membershlp or wlthSn one year after 8$1 to be a member. 1,4 Golng Conurn The trustees conslder that there are no materlal UnrtaIntleS atout the Trust's ablllty to continue as a golng COnrn. Wlth respect to the next pOrtIng perlod, the year endlng 31 October 2023, the most slgnlflcant area of uncertalnty Is the level of glll and legacy Income recelvable. The twstees conslder the level of free reserves suffldent to meet the Trusts Ilabllltles when they fall due. 1.5 Income Recognltion All Income Is recognised ontr the charlty has entldement to the fund5, It 15 probable that the income wlll be r1Ved and the arnount of Income recefvable can be measured rellably, Income is derlved princlpally from speaklng glfts, support gllls, quSet days and the sale of books and Is accounted for when reIved. Tax recoverable on glft ald donatlons Is acawed In the flnanclal ststements. Legades a accounted for as the earller of the date on whlch elther the charlty Is aware that probate has len granted, the estate has been flnalised and notSflcatlon has been made by the executors to the Trust that a distributlon wlll be made, or when a dlstrlbutlon Is recelved f rom the estate. Interest on funds held on deposlt Is Included when recelvable and measured rellabSy by the charlty, whlch Is normally upon notlflcatlon of the interest pald or payable by the Bank. 1.6 Expenditure Recognltion Liabilitie5 are recognlsed as expendlture as soon as the Is a legal or constructlve cbllgatlon committlng the charity to that expenditu, It Is probable that settlement will be required and the amount of the obllgation can be measured rellably. expendlturels accounted for on an accruals basrs. tharitsble actlvities are the costs Incurred In athieving the charitable
Beauty from Ashes (A company limited by guarantee and Th)t havlng share capltal) objectlves of the charlty. Governance costs are the costs assoclated wlth the legal and ststutory duties of the charlty and are Induded wlthln the charltsble actlvlties. Cost of ralsirKJ funds are management and admlnlstrdtlon costs assodated wlth the running of the charity and its Income generatlng actlvltles. Grants are accounted for when the trustees resolve to awar(I the grant Salary and offlce costs are allocated on an estlrnated bas15 where approprlate. 1.7 Tanglble Fixed A55ets All flxed assets C05tlng more than £250 are capltalised and valued at hlstorlcal cost. Depreclatlon Is provlded at 20% on net book value whith Is calculated to wrlte off the assets over their estlmated worklng Ilves. Thls Is a change In accountlng pollcy as a rate of 25% has be used prevlously. The trustees conslder a lower rate more accurately reflects the worklng Ilves of the aets. 1.8 Stock• Stock Is Induded at the lower of cost and net lISable value. 1.9 Delrtorg Trade and other debtors are recognlsed at the settlement amount due. Prepayments are valued at the amount prepald. 1.10 Calh at Bank and In Hand Cash at bank and In hand are baslc flnandal assets and Include cash In hand, deposlts held at call wlth banks and other short-term Ilquld investment5 wlth maturltles of three months or le5$, 1.11 Craditors and Provlslong Creditors and provlslons are recognlsed where the charlty ha5 a present obllgatlon resulting from a past. event that wlll probably result In the transfer of funds to a thlrd party and the amount due to Settle the obllgatlon can be measured or estlmatsd rellably. cdItorS and provlslons are normalty recogn15ed at their settlement amount. 1.12 Flnanclal Initruments The trust only has financlal assets and flnanclal liabllltles of a klnd that quallfy as baslc finandal Instruments. Baslc flnanclal Instruments are Inltially reccgnlsed at transactton value and subsequently measured at thelr settlement value. 1.13 Fund$ Structur• Unrestrlcted Funds are expendable at the discretlon of the Twstees In the furtheran of the ob]'erts of the charlty. Designated Funds are unrestrlcted fund5 set aslde by the Trustees for speclflc purposes. Restrtcted Funds are funds reIVed for a speclfic purpose whlch may only be used for that purpose. 1.14 Pen•ion The Chatty makes contrlbutions to a deflned contrlbutlon scheme, the assets of the scheme belng held separately from the assets of the charltable company. It also makes contributlon5 under the Penslons Art 2008 to the Natlonal Employment Savlng5 Trust (NEsf). The penslon cost charge represents contrlbutlons payable to the sthemes. The company's Ilablllty is IlmSted to the amount of the contrlbutlon. A penslon allowan Is also pald for a member of staff to pay Into their own personal pwslon wlicy. 12
Beauty from Ashes IA company limFted by guarantee and not havlng Share caiNtal) 1.15 Taxatlon The charltsble company Is consldered to pass the tests *t out In Schedule 6, paragraph l of the Flnance Act 2010 and therefore11 meets the definlon of a tharltable company for UK corporatlon tax purposes. Accordlnglyi the charltsble company Ispotentlally exempt from tsxatlon on Income and capltal galns reiVed withln categorles covered by Part 11, Chapter 3 of the Corporatlon Tax Act 2010 or Section 256 of the Taxatton of Chargeable Galns Act 1992, to the extent that such Income or galn5 are applled exdusSvety to charltable purpose& 2 INCOME Unrestrfcted Restrlcted Totsl Total Funds Fund 2024 2023 Donatlons and Legade• Donatlons Tax Recoverable Legacles 43,025 4,817 3,834 51,676 43,025 4,817 3,8YI 51,273 6,367 57,640 Xncome from Charltabla ArtIvI¢S Speaking Glfts Qulet Days and Prayer Days Retreats and Events Expenses Relmbursed 1,983 6,049 1,983 6,049 4,983 2,024 9,766 14,216 Income from Other Trnding Actlvltles Sales of Books, Tapes and Notelets 12 12 716 Surplug on Salé of M¢Jtor Vehklo 3,920 Investment Income Interest 1,298 1,298 704 TOTAL INCOME £66,001 £0 £66,001 £88,986 13
Beauty from Ashes (A company Ilmited by guarantee and not hav(ng share capltsl) 3 EXPENDITURE Unrestrfcted funds £ Re*rtrted Fund £ Total 2024 £ Totsl 2023 £ Note Cost of Generatlng of funds Fund Ralsing Tradlng: Cost of goods sokj & other costs Books & Tapes Office Costs Salarles 400 600 1487 Charitsble Actlvite• Retreats and Job Days Staff Costs Motor Expenses Travel and Accommodation Postage and Carrlage Prlntlng and Statlonery Telephone Repalrs and Malntenance Insurance Rates and Rent Bank Charges General Expenses DepCIatIOn Support Donatlons Govemance Costs Accountancy Fees Independent Examlner's Fee Trustee5' Indemnlty Insuran 666 47,208 666 47,208 1,659 41,801 183 1,237 1,021 1,511 140 4,775 1,768 558 695 671 575 743 1,856 130 2,209 1,683 542 324 526 683 11,664 273 2,150 575 743 1,856 130 2,209 1,683 542 324 526 683 11,664 273 2,150 11,478 2,085 1,165 670 72,098 725 71,958 725 71,958 TOTAL Expendlture 14
Beauty from Ashe5 IA company limlt&J by guardntee and not hang share cathl) 4 ALLOCATION OF COSTS Dlrect costs Support 2024 2023 Cost of Raislng Funds Costs of Goods Sold and Other Costs Charltable Actlvltles 1,487 71,958 £71958 72,098 £73 585 £0 £71958 Salary and offlce costs a allocated on an estlmated basls of usage. 5 STAFF COSTS Unrestrlcted Funds Salaries and Wages Soclal Securlty Costs Pen51on Costs 45,941 104 1,164 £47 209 41,151 £42 401 The average weekly number of employees durlng the year was: Offlce & Adminlstratlon No employee earned In excess of £60,000 (2023: none). 6 NEf INCOME FOR THE YEAR Unr¢strlctsd Funds The net Income Is slated after charglng; Depreclatlon Independent Examlners's Fee Accountancy Fees pald to Independent Examlneffs Firm 681 1,165 15
Beauty from Ash (A company Ilmltsd by guarantee and not having share capital) 7 TANGIBLE ASSErs Motor V8hlcle Office Equlpment Comput8r Equipment Total Cost At l November 2023 Addltions durlng the year Dlsposals durlng the year At 31 October 2024 10,810 425 11,991 269 22,801 11,235 23,495 Depr¢clatlon At l November 2023 Charge for the year DIsp05al In the year At 31 October 2024 9,747 298 10,332 386 20,079 10,045 Net Book Value At 31 October 2024 1,190 1,542 2,732 At 31 October 2023 1,063 1,659 2,722 Assets purchased In the year are Induded at cost. Donated equipment is Included at market value. Flxed as*ts are used In dlrect furtheran of the company's charltable objectives. 8 DEBTORS Other debtors Income Tax cOVerable Prepayments 50 2.164 1,384 158 2,938 1,126 £3.598 £4,220 16
Beauty from Ashes (A company Ilmited by guarantee and not havlng share capltal) 9 THE FUNDS OF THE CHARrrY Unrestrlcted Funds Unrestrlcted Restrictsd General Funds Support Fund Totsl 2024 Totsl 2023 Income Expendlture 66,001 (71,958) 66,t)01 (71,958) 88,986 (73,585) Net Incomel(outgo]ng) resources before transfers (5,957) (5,957) 15,401 Transfer beeen funds (2,606) 2,606 Net Incomel(expendlture) for the year At l November 2023 15,401 (8,563) 2,606 (5,957) 120,050 3,890 123,940 108,539 123,940 At 31 Ottober 2024 111,487 6,496 117,983 General Fund The fund comprlses Income and expendlture whlch are recelved and expended by the trustees for the furtherance of the objects of the charity. Support Fund The fund Is a Deslgnated Fund whlth was establlshed by the trustees to set aside donatlans recelved to fund people who are unable to afford to pay fees for away days and other events and to asslst other reglstered charltles. Transfer A transfer of £2,606 {2023: £6,429) from the General Fund to the Support Fund represents the tharlvs tithe commltment based upon IO% of voluntary Income, Interest and speaklng glfts. Rejtrlrted funds Propety maIntenan Fund Totsl 2024 T¢)tal 2023 Income Expendlture Net Expendlture for the year Transfer to unstrIcted Fund At l November 2023 3,073 3,073 3,073 At 31 Octoter 2024 3,073 17
Beauty from Ashes {A company Ilmited by guarantee and not havlng share caplt81) Property Malntsnance Fund The restrlcted fund comprlses donatloD5 retrlved for repalrs to the charlvs ac£ommodatlon. It was prevlou51y known as the Roof Repalr Fund 10 ANALYSIS OF NEf ASSETS BEfwEEN FUNDS General Fund Deslgnated fund Re5trirted Fund Total Flxed Assets Current Assets CUrnt Llabllltles 2,734 111,068 (2,315) 111487 2,734 120,637 (2?15) 6,496 3,073 121056 11 MEMBERS The charlty Is a company Ilmlted by guarantee and has no shaE capbtal. Al 31 October 2024 there were four members on the Reglster (2023: five). Every rnember undertakes to contrlbute such amount as may be requlred (nrt eXedIng £10) to the charlty's assets If it should be would up whllst a member or w5thln one year after ceaslng to be member. 12 TRANSAcfIoNS WITH TRusfEES No trustee recelved remuneratlon or relmbursed expenses durlng the year. The company has a tru5tees' Indemnlty Insurance policy and the pMIurn of £72S (2023.. £670) has been charged In these flnanclal statements. 13 RELATED PARTY TRANSAcfIoNS There were no related party transactlon5 In the year. 18