Charity registration Dumber 1105785
Company registration number 05018032 (England and Wales)
GLOBAL SOCIAL IMPAcr
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
'ADXRKTIR*
0610312025
COMPANIES HOUSE
UHY
A07

GLOBAL SOCIAL IMPACT
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
D L Miller
L Balbo
S J R Dawson
A T Miller
E D H Miller
J M Minots
Secretary
D L Miller
Charity number
1105785
Company number
05018032
Registered o￿lee
Quadrant House - Floor 6
4 Thomas More Square
London
Elw IYW
Independent examiner
UHY Hacker Young
14 Park Row
Nottingham
NGI 6GR
Bankers
HSBC Bank PIC
Church Street
Weybridge
Surrey
KT13 8DF
InvestmeDt gdvisors
Merrill Lynch, Plerce, Fenner & Smith Incorporated
One Federal Street, 24th Floor
Boston
Massachusetts 02110
USA

GLOBAL SOCIAL IMPACT
CONTENTS
Page
Trustees, report
Independent examinerfs report
Statement of financial aclivities
Balance sheet
Notes to the financial statements
9- 15

GLOBAL SOCIAL IMPACT
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
The TrusteeslDirectors are pleased to present their ninereenth report along with the financial slatemenls of
the charity for the year ended 30 June 2024.
The financial statements have been prepared in accordance with ihe accounling policies set out in note I to
the financial statemenls and comply with the charity's constitution dated 14 July 2004, the Companies Act
2006 and "Aeeounting 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)"
Objectives and activities
Global Social Impact ("GSI") is a non-government organisation originally working on a pan-European
basis to promote Ihe development and expansion of venture philanthropyl social enterprise within Europe.
In 201012011 this mission was enlarged to include development of venture philanthropy ( VP") social
enterprise also on a pan-Asian basis. This is being conducted by the Asian Venture Philanthropy Network
("AVPN") wilh the financial support of GSI. GSI has subsequently expanded further, implementing
additional efforts to help establish new organisations in Africa and Latin America, and has started due
diligence on several countries both Eastern Europe and in the Middle East. GSI has more recently taken a
keen interest in how the above networks, and others work together to achieve global knowledge exchange
and Collective impa¢l.
In 2022 work began in the US and the UK to support disabled Military veterans - a few small donations
were made, and we are going up the learning curve to more substantial efforts. In 2023 further donations
were made in both UK and USA.
Vision of GSL includes:
Th¢ development of a diverse marketplace for accessing human, financial and intellectual Capital
for non-profits and social enterprises at all stages of their development.
Growing the role for venture philanthropyl social investment which ¢omplements and strengthens
traditional forms of funding from foundations and governments.
Promoting the expansion of venture philanthropyl social enterprise throughout Europe, Asia, Africa
and Latin America. We will also support the Tegional organisations to collaborate, learn, implement
new programs;
Promoting standards of best practice and knowledge-sharing for all parties to use in their venture
philanthropyl social investment activities.
Promoting collaborations between different players across the whole ecosystem and across the
Continuum of Capital.
Selectively supporting early stage charitiesl social enterprises primarily in the fields of children,
education and dAsabilities'
The support of organisations which deliver support to Military veterans facing challenges caused
by disability. This effort continues to expand. and
The support of organisations focused on developing opportunities for Native Americans. Several
significant programs are in Discussion with Universities around Scholarships to Support
Elementary ED Teachers.

GLOBAL SOCIAL IMPACT
TRUSTEES, REPORT ONCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Publie benefit
In administering the charity, the Board of Trustees has complied with section 17 (5) of the 201 I Charities
Act, having due regard for the Public Benefit guidan¢e published by the Charity Commission. A summary
of our key objectives and their application are summarised above and demonstrated in our achievements for
the year described below.
Wilh the growth of the Gsl actlvllies. the development of the AVPN and the launch of the Indian activity,
and the development of Africa and Latin America, substantial benefits accrue directly to our members (now
part of Impact Europe, African Venture Philanthropy Association ("AVPA"), AVPN and LATIMPACTO)
and also lo the numerous charitable groups which our members engage with on a direct basis. The specific
benefits to the public arise from the value of enhancing the operational effectiveness of charities through
improved strategic and operational management, improving efficiency and effectiveness and obtaining
more impact for each charitable grant (investment) made. There is also a cross-border and cross-
fertilisation benefil to all members and to the public at large for the sharing of ideas and best practices in
how to effectively address critical social issues and achieve more social benefit from the charity sector to
the public.
The developing operations in Africa, Latin America, and the potential extension to the Middle East and
North Africa (MENA) will ￿rther enhance our public benefit creation around Ihe world. THE MENA
program has been launched wilh MAJOR funding coming from the EEU.

GLOBAL SOCIAL KMPACT
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Achievements and performance
GSI h&% been helping the development of the 4 regional networks the work of which is reflected
below. all are registered Charities in their respective continents.
Impact Europe which is headquartered in Brussels. This organisation conlinues to do well with a
team of 30+ and wilh over 350 members across 32 European countries. With the support of the
EEU, it's expanding it5 activities fijrther eastward into Ukraine, Romania, Azerbaijan and several
other countries. MENA work is now underway with EEU support.
Part of GSI'S support to Impact Europe is around fund forniation, over the last several years this has
led to the establishment of VP funds in Poland, Estonia, Bosnia-Herzegovina. More recently, our
support has seen a fund established in Serbia with a possible fund under consideration in Ukraine.
This was launched in 2023 and is operational with obviou5 ditTiculty. In general, GSI puts up
around 15 % - 200/0 of the initial money and Impact Europe supplies human capital support.
AVPN has been successfully launched by GSI and is headquartered in Singapore. They presently
have over 650 members in 32 countries. During 2021 they received GSI 5UPPOrt for the launch of
new initiatives around gender and environment.
The AVPN sponsored a new association to be forn)ed in India initially lo be called AVPN India but
over time to possibly migrate to an independent association. No Gsl support wa5 made to India
this year.
GSI has done considerable work during 2017-2021 to catalyse and facilitate the establishment of
the AVPA. Over that period, multiple trips have been made for a total of over 225 days. During
those trips, over 1,000 individuals haven been met from roughly 300 organisations. Impact Europe
and AVPN have also hosted delegations from Africa at their annual conferences. An independent
board has been forn]ed in Africa and work is progressing on fundraising from both international
and African sources, The AVPA has its own independent legal structure with HQ in Kenya and
regional offices and team members in South Africa and Nigeria. These offices also service
surrounding countries. The CEO is in place and activity is taking place across Ihe region the AVPA
is now open for membership with around 30 members; and
GSI supported the initial work of building and launching a new network in Latin America.
LATIMPACTO was successfully launched and opened for membership in June 2021 wilh 60 initial
members. This is now expanded to over 170 members and a leam of 12 which is in process of
expanding further. GSI continues to fund aspects of Latimpa¢to's development.
Financial review
Total incoming resources for the year were £186.283. Total expenses were £740,597 primarily relating to
charitable activities in relation lo consultants beginning work on due diligence and marketing of the African
effort and initial work on the Global Alliance of Impaci Networks ("GAIN") and LATAM effort.
Consultants are also hired to explore the work with disabled veterans and indigenous Americans. We are
ramping up work with USIUK vets so incurring more investment in the research and Team. The net income
for the year was £569.979 (2023.. £345,990). Unrestricted funds at ihe year-end are £10,118,002 (2023:
£9,548,023).
As at 30 June 2024, GSI h&8 £10,118,002 in unrestricted funds. Almost all of this is in cash and is invested
in bank deposits with an investment manager. The intenlion is to continue to invest this in the next financial
year into a diversified portfolio of publicly traded companies in the UK, Europe, US and emerging markets.
The GSI policy is to have reserves equivalent lo at least six months of projected operating expenditures.
Since GSI has minimal fixed expenses and few forward contractual obligations, the Irustees feel
comfortable with the level of reserves available. GSI has been in discussion with Fidelity and will likely
transfer some of its inveslment funds to diversify risk.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that Systems are
in place to mitigate exposure to the major risks.

GLOBAL SOCIAL IMPACT
TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Future plans
For the period l July 2024 to 30 June 2025 the primary activity will focus on the following..
Gsl will explore limited and focused activity within the US and to work with Disabled VETS as
well as Indigenous Americans and will reach out for further partners around the globe to help
expand the VP model and impact. This will extend to support for new VP Funds. particularly in
countries wilh no or limited activity in the sector.
Struclure? governance and man4gement
The trustees, who are also the directors for the purpose of company law, and who served during the year
and up to the date of signature of the financial statements were..
D L Miller
L Balbo
S J R Dawson
A T Miller
E D H Miller
J M Minots
Appoinfmenl
Trustees
The Directors of the charitable company ("the charity") are the trustees for the purpose of charity law and
throughout this report are collectively known as the Trustees. GSI presently has a Board of six Trustees,
three of whom were three of ihe five original European Venture Philanthropy Association founders. Our
trustees are located in Italy, UK and the US, 3 have a long history in private equity and in venture
philanthropy in Europe and Asia.
Organisaiion
and
Management
GSI is run on a day-to-day basis by the Executive Chairnlan with the support of paid consultants who work
on a part-time basis. Many previous consultants have now moved to being employed by the AVPN or
LATIMPACTO or GAtN. Other consulfanis are presently assisting GSI but on a pro bono basis. Presently,
this work is primarily focused on Africa and Latin America bul also preparing GSI and GAIN for further
expansion with work also in MENA. Plans are in place to recruit more consultants to aide with the helping
of disabled veterans and indigenous Americans.

GLOBAL SOCIAL IMPACT
TRUSTEES, REPORT ONCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Statement of trustees, responsibilities
The trustees, who are also ihe director5 of Global Social Impact for the purpose of company law, are
responsible for preparing the Trustees, Report and the financial statements in accordance with applicable
law and United Kingdom A¢counting Standards (United Kingdom Generally Accepted Accounting
Practice).
Company Law requires the trustees to prepare financial statements for each financial year whi¢h'give a true
and fair view of the slate of affairs of the charity and of the incoming resources and application of
resources, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to:
Select suitable accounting policies and then apply them consistentlyg
observe the methods and principles in Ihe Charities SORP.
make judgements and estimates that are reasonable and prudent.
state whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the financial statements. and
prepare the financial statements on the going ¢on¢¢rn basis unless it is inappropriate to presume that the
charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy
at any time the financial position of the charity and enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees, report was approved by the Board of Truslees.
D L Miller
Chairnian
Dated: 21 February 2025

GLOBAL SOCIAL IMPACT
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF GLOBAL SOCIAL IMPACT
I report to the trustees on my examination of the financial statements of Global Social Impact (the charity) for
the year ended 30 June 2024.
ResponsibÈlitles and bayi$ of report
As the trustees of the charity (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 financial statements of the charity 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 financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In
carrying out my examination I have followed all the applicable Directions given by the Charity Commission
und¢r seclion 145(5)(b) of the 2011 Act.
ndependent examiner's statement
I have completed my exarnination. I confirni thal no matters have come to my attention in connection with
the examination giving tne cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
the financial statements do not accord with those records. or
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Acl
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
the financial slatements have not been prepared in accordance with the methods and principles of the
Staiement of Recommended Practice for accounting and reporting by charities applicable to charities
preparing their a¢¢ounts in accordan¢e wilh the Financial Reporting Slandard applicable in the UK and
Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with ihe examination to which
attention should be drawn in this report in order to enable a proper understanding of the f5nancial Statements to
be reached.
David Allum FCCA
UHY Hacker Young
14 Park Row
Nottingham
NGI 6GR
Dated: 3 March 2025

GLOBAL SOCIAL IlklPACT
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCO1￿ AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2024
Unre$tritted Unrestri¢ted
funds
funds
2024
2023
Notes
Income from:
Investments
186,283
169,719
Total income
186,283
169,719
Expenditure on:
Raising funds
Charitable activities
119,610
620,987
105,864
566,888
Total expendlture
740,597
672,752
Net gains/(losses) on investments
,124,293
849,023
Net income and movement In funds
569,979
345,990
Reconciliation of funds:
Fund balances at l July 2023
9,548,023
9,202,033
Fund balances at 30 June 2024
10,118,002
9,548,023
The statement of financial activities in¢ludes all gains and losses recognised in the year. All income and
expenditure derive from continuing activities.

GLOBAL SOCIAL IMPACT
BALANCE SHEET
AS AT 30 JUNE 2024
2024
2023
Notes
Flxed assets
Investments
io
10,069,491
8,779,872
Current *s$et$
Debtors falling due after one year
Debtors falling due within one year
Cash at bank and in hand
li
li
41,424
16,087
40,217
25,913
719,241
57,511
785.371
Creditors; amounts falling due wlthin
one year
12
(9,000)
(17,220)
Net current assels
48,511
768,151
Total assets less Current liabilities
10,118,002
9,548,023
The funds of the charity
Unrestricted funds
13
10,118,002
9,548,023
10,118,002
9,548,023
The company is entitled to the exemption from the audit requirement contained in section 477 of the
Companies Act 2006, for the year ended 30 June 2024.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act
2006 with respecl to accounting records and the preparation of financial statements.
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.
These fjnancial statemenls have been prepared in accordance with the provisions applicable to companies
subject to the small companies regime.
The financial statements were approved by the trustees on 21 February 2025
D L Miller
ChAirm*n
Company registration number 05018032 (England and Wales)

GLOBAL SOCIAL IMPACT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Accounting policies
Charlty information
Global Social Impact is a private company limited by guarantee incorporated in England and Wales. The
registered o￿lCe is Quadranl House - Floor 6, 4 Thomas More Square, London, El W l YW.
1.1 Accounting convention
The financial statements have been prepared in ac¢ordan¢e with the charity's governing document, the
Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in Ihe UK and Republic of
Ireland" ("FRS 102") and the Charilies SORP "Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable lo Charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" The charity is a Public
Benefit Entity as d¢fin¢d by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity.
Monetary amounts'in these fjnancial statement5 are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, The principal
accounting policies adopted are set out below.
1.2 Going concern
At the tlme of approving the financial statements, the trustees have a reasonable expectation that the
charity ha5 adequate resources to continue in operational existence for the foreseeable future. Thus the
trustees conlinue to adopt the going concern basis of accounting in preparing the financial statements.
The charity will continue to be supported by its trustees to ensure that it meets its liabilities as they fall
due.
1.3 Charltable funds
Unrestricted funds are available for use at the discretion of the trustees in furtheran¢e of their charitable
objectives.
Restricted funds are subject to speclfic conditions by donors or grantors as to how Ihey may be used. The
purposes and uses of the restricted funds are sel out in the notes to the financial statements.
1.4 Income
Donations and other voluntary income is recognised when the charity is legally entitled to it after any
performance conditions have been met, the amounts can be measured reliably, and it is probable that
income will be received.
1.5 Expenditure
Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation
committing the Charity to the expenditure. All expenditure is accounted for on an accruals basis and h&$
been classified under headings that aggregate all costs related to the category.

GLOBAL SOCIAL IMPACT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Accounting policies
(Continued)
Grants payable are payments made to third parties in the furtherance of the charitable objectives of the
charlty. Grants awarded are accounted for where either the Trustees have agreed to pay the grant without
condition and the recipient has a reasonable expectation that they will receive a grant, or any condition
attaching to the grant is outside the control of the charity.
Governance and support costs comprise all costs involving the public accountability of the Charity and
its compliance with regulalion and good practice, including all management and administrative cosls.
All governance and support costs are incurred in connection with charitable activities and have been
allocated a¢¢ordingly.
1.6 Fixed asset investments
Fixed asset investments are initially me&sured at total transaction prices for all securities purchased on a
monthly basis due to the high level of of low value individual transactions in the period. They are
subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net
incomel(expenditure) for the year. Transaction cosls are expensed as incurred. The result of recording
the transactions in bulk would not differ malerially from recording the individual trades.
1.7 Cash And cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, Other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.
1.8 Finaneial instruments
The charity has elected to apply the provisions of Section I I 'Basic Financial Instruments, and Section
12 '0ther Financial Instruments ls5ues' of FRS 102 to all of its financial instruments.
Financial instruments are re¢ognised in the charity's balance sheet when the charity becomes paty to the
contractual provisions of the instrument.
Financial assets and liabilities are offset. with the net amounts presented in the financial statements,
when there is a legally enforceable right to set off ihe recognised amounts and there is an intention to
settle on a net basis or to realise the asset and settle the liability simultaneously.
Boslcfinanclal assets
Basic financial assets, which include debtors and cash and bank balances. are inilially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the
effective interest melhod unless the arrangement constitutes a financing iran5action, where ihe
transaction is measured at the present value of the future receipts dis¢ounÉed at a market rate of interest.
Financlal assets Classified as receivable within one year are not amortised.
io-

GLOBAL SOCIAL IMPACT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Accounting policies
(Continued)
Boficfinoncial liabililies
Basic financial liabilities, including creditors are initially recognised al transaction price unless the
arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as
payable within one year. Debi instrumenls are subsequently carried al amortised cost, using ihe effective
interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary
course of operations from suppliers. Amounts payable are classified as current liabililies if payment is
due within one year or less. If not, they are presented as non-current liabilities. Trade Creditors are
recognised initially at transaction price.
1.9 Foreign exchange
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at
the dates of the transactions, Al each reporting end date, monetary assets and liabilities that are
denominated in foreign currencies are retranslated al the rates prevailing on the reporting end date. Gains
and losses arising on translation in the period are included in profit or loss.
Invutments
Unrestrieted
funds
Unrestricted
funds
2024
2023
Income from listed investments
Interest receivable
184,039
2,244
168,542
1,177
186,283
169,719
Raising funds
Unrestricted
funds
Unrestricted
funds
2024
2023
Investment management charge5
119,610
105,864
119,610
105,864

GLOBAL SOCIAL IMPACT
NOTES TO THE FINANCIAL STATEMENTS (CONTIIYUED)
FOR THE YEAR ENDED 30 JUNE 2024
Expendlture on charitable activities
Unrestricte Unrestricte
d funds
d funds
2024
2023
Direct costs
Consultancy
Pension scheme
(Profil)1105s on foreign exchange
Bank charges
Donations to EVPA
Donations to AVPN
Other charitable donations
Donations to GAfN
Donations to Lalimpacto
Donations to Social Impact Partners
49.058
349
104
7,984
716
845
6,844
55,712
399,029
85,065
(4,834)
245
33,737
374,933
79,424
79,424
611,987
556,648
Share of support and governance Costs (see note 5)
Govemance
9,000
10,240
620,987
566,888
Angly$is by fund
Unrestricted funds
620.987
566,888
Support costs
2024
2023
Accountancy
9,000
10,240
9,000
10,240
Analysed between
Charitable activities
9,000
10,240
All govemance and support costs are incurred on charitable activities and have been allocated
accordingly.
12

GLOBAL SOCIAL IMPACT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from
the charity during the year.
Employees
There were no employees during the year.
The administrative and daily running of the charity is being undertaken on a voluntary basis by the
Trustees and paid consultants.
There were no employees whose annual remuneration was more than £60,000,
Net gainsl(los$es) on investments
Unrestricted Unre$tri¢t¢d
funds
funds
2024
2023
Revaluation of investments
Gainl(loss) on sale of investments
842,985
281,308
1,090,119
(241,096)
1,124,293
849,023
Taxalion
The charity is exempi from tax on income and gains falling within section 505 of the Taxes Act 1988 or
section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its
charitable objects.
As a charity, the organisation is exempt from UK corporation tax to the extent that its income is applied
to its charitable objects. No liability arose in the period.
13

GLOBAL SOCIAL IMPACT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
10 Flxed asset investments
Listed
investments
Cash in
porlfollo
Total
Cost or valuation
At l July 2023 & 30 June 2024
Unrealised gains
Realised losses
Foreign exchange differences
Invesitnent income
Investment portfolio changes
Cash in lieu of shares
8,070,676
1,512,345
(241,096)
(393,265)
709,196
8,779,872
1,512,345
(241,096)
(424,078)
168,542
(105,864)
1,852
(30,813)
168,542
(105,864)
1,852
Carrying amount
At 30 June 2024
8,948,660
742,913
9,691,573
At 30 June 2023
8,070,676
709,196
8,779,872
11 Debtors
2024
2023
Amounts falling due within one year:
Other debtors
16,087
25,913
2024
2023
Amounts falling due after more than one year:
Other debtors
41,424
40,217
Total debtors
57,511
66,130
12 Creditors: amounts falling due wlthln one year
2024
2023
Accruals and deferred income
9,000
17,220
14-

GLOBAL SOCIAL IMPACT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
13 Unrestricted funds
The unrestricted funds of the charity cornprise the unexpended balances of donation5 and grants which
are not subject to spe¢ifi¢ Conditions by donors and grantors as to how they may be used. These include
designated funds which have been sel aside out of unrestricted funds by the trustees for specific
purposes.
At l July
2023
Ineoming Resourees
resources
expended
Gains and At 30 June
lo$$e$
2024
General funds
9,548,023
186,283
(740,597)
1,124.293
10,118,002
Previous year:
At l July
2022
Incoming Resources
resources
expended
Gains and At 30 June
losses
2023
General funds
9,202,033
169,719
(672,752)
849,023
9,548,023
14 Company limited by guarantee
The limit of the total guarantees of the members of the company amounted to £6 at the beginning of the
year and £6 at the end of the year.
15 Related pirty transiclions
During the year donations of £Nil (2023: £399,029) were made to GAtN of which Douglas Miller is also
a trustee. During the year donations of £Nil (2023.. £6,844) were made to AVPN, £33.737 (2023.. £845)
were made to EVPA, £Nil (2023; £Nil) were made to AVPA, £79,424 {2023: £85,065) were made to
Latimpaclo and £79,424 (2023.. £Nil) were made to Social Impact Partners, all of which are relaled
charities.
15