REGIsfERED COMPANY NUMBEFL. 05285840 (England and Wales)
REGIsfERED CH￿ NUMBER. 1107662
REPORT OF THE TRusfEES AND
UNAUDrrED FINANCtAL sfATEMENTS
FOR THE YEAR ENDED 31 DE(ZMBER 2024
FOR
FOUNDATION MATfERS
Lewis Brownlee (￿Khe$ter) Limited
Chartered AcccMJntsnts
Appledram Barrs
Birdham Road
Cthichester
West Sussex
K)20 7EQ

FOUNDATION MATfERS
coKrENTS OF THE FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 DE(EMBER 2024
Page
Rewt of the Trustees
I to 4
Independent Examinerfs Report
Statement of Financial Activlti&s
Balan￿ Sheet
Cash Flow Statwnent
Notss to the Cash Flow Statement
Notes to the financial Statements
10 tr1 16
Detsiled Ststement of Financial Activities
17 tD 18

FOUNDATION MAThERS
REPORT OFTHE TRusfEES
FOR THE YEAR ENDED 31 DE￿MBER 2024
The trustees who a￿ also directors of the charlty for the rAJry)oses of the Companies Act 2006, pr2sert their report
with the financial staterrents of the tharity for the year ended 31 D￿ernLEr 2024. The tswstees Iwve adopted the
provisions of Accounting and Reporting by Chaiitses: Statement of R￿0MMended practi￿ applicable to charities
preparing their accounts in accordan￿ wrth the finanoal Rewrttng Stsndard appticable ¥) the UK and Republic of
Ireland (FRS 102) (effettwe l January 2019).
OBJECTIVES AND ACtIvrrIES
Objectives and aims
Tre ob]'ectNes of the Charty are to than￿ the a)ristian faith in aco)rdance with its ststement of belEts, advan
educatK)n in accordan￿ with Christian prinaples to relEve Fersons who are in condfcions of need or hardship, or
who a￿ aged or sick
The ￿arity as detsile)J in ts obJ"ettNe5 aThJ aims *eks the adrdn￿rnent cl religion also is involved in the
educatKJn of children and youn9 people through its invofvement in ￿￿)1$ youth wo
The Chaiity seeks to advance the Christian faith and in Kcord￿tr wilh that Pdith there are no restrfcdons on its work
in terms of sector5 of the pubiic ￿ kncation. In the k*ThJer term through the Camp training centre Feople will come
into contstt with teaching of Christian ￿narIes.
During 2023 the aims and objth of the charity continued to move fopNard.
Publlc benefft
The Trust&s confirn that they have pald due wrd to Part l 4 of the ¢Tharities Art 2011 and the Charity
Cornmission's guidance on wbiic benefit in decsding what athvities the Charsty glould undertrke. In their capacity as
tristees, the Trust&s confimi that they are of the opinion lJ)at all the purFoses of the Charity are for the teneflt of
the public and that they have complied wjth their duties in that ￿jard.
el

FOUNDATION MAThERS
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENTS AND PERFORMAN
Charitsble activities
The trustees have carefully consid￿th the chai5ty5 actimties durtng the year 2024 aThJ can re￿rt that the aims and
obj.ecti￿ of the tharity have been fulfilled.
The Pine Lake Camp Centre has rKMI teen in 0[trdt￿n for ten years. During that time thousands of children and
young people have attended thcrf)I residential and holiday camps. Over the pa* twelve nN)nths a fijll programme of
sldential events and ￿lIdaY camps for thild￿n and young reople have tsken pla￿. There will be nK)re opportunity
to expand the residenbal (amp events during the autumn and svflter ￿[K)ts when the sI￿ts hall Ès operdtional.
Attivities for adults have included the rnonth￿ men's breath5t whth are atten￿1 ty 31150 men on average. Some
provision has also been made for ladies breatrfast gatherings. A ladies stand-up paddle LM)arding event went well and
there are plans for r￿re 9Jth ￿ents in 2025. The adult 'Just Lookn'rHJ' cout5es have condutted throughout the
year, These ￿e1ve week couw are des]gned to intrc*1U￿ the h&arers to the Christian faith.
At the end of January, a Life of Jws &'ble EXhibIt￿)n was prowdad and taken to Kerala, India Writt￿ in the
Malayalam langu4e. InstructK)n and demonstrdtlon was given to nationals in ts use. Interest has iw shown in a
Bible ExhibI￿On for the Mlddle Ea* in Arabic whKh will be wrsu8J as funds alh)w possibly 202516. Bible Exhibitions
have been held here in the UK, in Yorkthwe, R￿n￿ ar)d Leicester.
We continue to pr¢Jduce Bible illustrations for L￿e n chiklren's dubs here in the UK and ministrie5 abroad. Illustrdtions
go into our Bible Exhibltion destgns, videos and ￿Inted rrn3terials. Various gospel leaflets have teen designed, printed
and distributed around the UK.
Stenson Hdds Christian Fdlowshlp continues to have a thrfvir¥J Ex￿0￿[5 group on a Friday e￿ing. The Foundation
Matters team works with the church and runs a￿mblies in loc31 £hcrf)Is on a we￿Y ba9$. The Christmas assembiies
We￿ once again vtsy much appreiated by all the schools in Derby and in Wrose, Brddford.
Pwress has been made on the sports hall and another ￿lt for FM &aff 1¥3S o)nstructed. An eyr(en
outd¢)ors athvlty coordlnator has jolned stsff kam on a volunteer basis.
The Safeguarding commtiee met at the tEginning of the year to ￿vIeW the pjlicy and trdlning gNen to all those who
are a part of the team either as full-time stsff or volunte￿& Further rreetings have tsken plao to ensu￿ everything
is in ordw.
FINANCIAL REVIEW
Financial position
Total income for the year amounted to £354,664 cornpa￿d with £576￿22 for the weviws year. Total exFenditure
was £491,243 compared with £1,923,158 for the previous year.
The Chaiity had a defiat for the year of £136,579 compared wilh a deficit of £1,347,136 for the previoLS year. The
defiat in 2023 wa5 as a regjlt of a prior year adjustment to dep￿Ciate the attivtty centre and ￿lated buiklings from
the date of the grdnting a lea* to ocatpy the land on which the buildings were cDnstrLrted.
Totsl fvnds at 31 December 2024 amourted tn 4100,104 of whth £358,238 15 unrestrict&l and £1,741,866 Is
restricted.
RESERVES
The Trustees adhe￿ to the Charity Commisslon guidan￿ in respett of It ks the trustees, rolicy to
Un￿thL1ed reserves in the fUrthe￿ce of the Chaiivs obJ"ectives as there is no r8]uir￿nent to build a surplus.
The Trustees will ty to enswre that restrthd funds will ￿rna1n in surplus. In partI￿lar the restrthd fvnd in
connection with the buikling of the Camp TrdiniTrJ Centre is mnrtored at all times and funds are not committed unless
there Is sufficient certrainty of ￿lpt of income.
dge2

FOUNDATION MATfERS
REpoKf OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
FWURE PLANS
There is a full prcKJramme of School resdential chmps during xhool tenn times and holiday camps for 8-Il's and
12's-16'5 during the ￿hL￿)I holiday periods. PrcMJrtss on the spots hall proiett will ffK)ve ahead as funds become
available. The main building will undergo mairtenan￿ V￿rk to treat and pre5eNe the external log fabrtt of the
ixjilding.
There are neajs for ￿re [*￿na￿rt and volunteer staff tD expa￿1 the c2mp minithes, and an as9Stant cook to
meet the cotering needs is particularty urgent
The trustees want to register there apwttiation cl the declicated staff team and the many volunteers who gave of
their time and energies to serve the many thild￿n aThJ young k*ople who were able to partiapats in the camps of
2024. They are also thankful to the numerous 5UEPOrters of the ministry who prny and give gene￿USlY ￿abling the
charity to pursue and advantr the objectwes of the chaiity. The￿ is an unquantifiable, yet nonetheless significant,
benefit to the wellbeing of the children who have sP￿t bme at Pine Lake and who have gone away with happy
memorleg of their time the￿.
srRucfuRE, GOVERNANCE AND MANAGEMENr
Governin9 document
The Company is a tharftabte compary Ilmite£l ty 9uarantee. It was incorpordbj on 12 November 2004 and is
governed by its memorandum and artides of 3￿ciation.
Recruitmen¢ appolntmen¢ inductlon and training of new trustees
The Trustees consider on a ￿gUlar L%35is, whether additDnal trustees are requ￿￿ to fulfil 4)￿lf￿ roles wlthin the
I￿arity, In identy'ng new ITLStees considerdbon is given to thar background, rel￿ant professional skills and
knowledge of the area in which the Chaiity operotes.
New Twstees receive training from the charws professional &Jvisors the pJisting Trustees.
REFERENCE AND ADMINIsfRATIVE DEfAILS
Registered Company number
05285840 (England and Wales)
Registered Charlty number
1107662
Reglstered office
Appledrnm Bams
Birdham Road
Iche*er
West Sussex
P020 7EQ
Trustees
Mr F Bwrley
Mr I Brownlow
Ms G D Lancaster
Mr D Lancaster
Mr P K Riisnaes
Company Secretary
Mrj Hudson
Page 3

FOUNDATION MArrERS
REPORT OF THE TRUSTEES
FOR TFIE YEAR ENDED 31 DECEMBER 2024
REFERENCE AND ADMINISfRATIVE DEfAILS
Independent Examiner
Sarah Alexander FCA FCCA
Lewis Brownlee (Chichester) Limited
Chartered Accountants
Appledram Barns
Blrdham Road
Chichester
West Sussex
P020 7EQ
This report 5iis been prepared in accorda1￿ wth the specol provisions of Pdrt is of the Companies Act 2006 relating
to small companles.
Approved by order of the board oftrustees on ........................... .................
nd *gn&J on its behalf by:
Mr J HLidson - Secretary
Page 4

INDEPENDEKf EXAMINER'S REPORT TO THE TRusfEES OF
FOUNDATION mA￿ER5
Independent examineVs report to the trustees of Foundation Matters ('the Company.)
I rEport b) the charity trustees on my examination of the accounts of the Company for the year ended
31 t)ecember 2024.
Responsibilities and basts of report
As the chaiity's trustees of the comp￿nY (and also its dI￿ltly5 for the wrpose5 of company kw) you are responsible
for the p￿parat￿)n of the accounts in accordan￿ with the requIrem￿ts of the Companies Act 2006 2006 ACY).
Havtng satisfied mysdf that the acmunts of the Company a￿ ￿t requirEd to be audit&1 under Part 16 of the 2006
Att and are eligible for independent examinatK)n, I report Nl IEspect of my examinati)n of your charitys accounts as
carried out under SeCt￿n 145 of the ￿arities Act 2011 (the 2011 Act). In carrying out ry examination I have
followed the Directions given by the tharity Commisson under S￿tIOn 145(5) (b) of the 2011 ACL
Independert examineVs statemert
Since your charitys gross Income exc￿d￿J £250,000 your examiner must be a member of a f15ted body. I can
confirm that l am qualfied to undertske the examination because l am a member of the Institute of Chartered
Accountsnts In England and Wales, which is of the li*ed bLKlies.
I have compteted my &xaMIna￿n. I confinn th& no matters have come to nry attention In connection with the
examInat￿n giwng me ouse to telieve:
accoUn￿ng records were not kept in IEsk* of the Company as r￿u￿ed by Section 386 of the 2006 Act,. or
the accounts do not accord with those r￿nIs. or
the accounts do not compty with the accounting requirements of Se(t#)n 396 of the 2006 Art other than any
reqU1￿ment that the accounts give a true and fair whKh is not a matter con9dered as part of an
independent examinab'on; or
the accounts have not keen prepared in &COrdan￿ with the methcwJs and ￿'ncIpleS of the Statement of
Recommended FYartTtr for xcounting and rewrting by tharitie5 (applicable to charities preparing their
accounts in accordance with the ￿nan0a1 Reporting Stsndard appllcable in the UK and Republic of Ireland
(FRS 102)).
I have no con￿M$ and have come acros5 no other matters in connection with the examinath)n to which attentlon
should be drdwn In this report in onder to enabk a proter under5tandlng of the accounts to be ￿aChed.
Sarah Aleyander FG4 KCA
Lewis Brownlee {ch￿heSterj Limited
Chartered Accountsnts
Appledrdm Bams
Birdham Road
Chichester
West Sussex
F020 7EQ
28 October 2025
Date: ............................,................
ges

FOUNDATION mA￿ER$
srATEMEMf OF FINANCIAL ACTIvrrIES
NCORPORATING AN INCOME AND EXPENDMJRE ACCOUMn
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Totsl
funds
2023
Totsl
funds
as reststed
Unre5trFcted Restritted
funds
fvnds
)tes
INCOME AND ENDOWMEMfs FROM
Donab'ons and legaaes
I64￿32
124,159
288,691
500,186
Ctharitable activities
Evangelist activities
Camp and trnining
11,636
48,988
11,636
48,988
1,899
62,807
Other I￿oMe
5,349
5,349
11,130
Total
230,505
124,159
354,664
576,022
EXPENDThURE ON
Charitable activities
Evaftgelist athvibes
Camp and trdlning
96,512
104544
289,912
386,424
101,544
1,850,088
73,070
3,275
3,275
Total
20L331
289,912
491,243
1,923,158
NET INCOME/(EXPENDrruRE)
Transfern between funds
29,174
(25,753)
(165,753) (136,579) (1,347,136)
25,753
Net movement In fvnds
3rt21
(140,OIXI) (136,579) (1,347,136)
RECONCILIATION OF FUNDS
Totsl funds brought fonyard
As previous￿ reported
Pr￿r year adjustment
354,817
3,538ffj00
3,893rt17
(1,656,734) (1,656,734)
3,583,819
As restated
354017
&881￿66
1236,683
3,583,819
TOTAL FUNDS CARRIED FORWARD
358,238
1.741066
1100,104
2,236,683
The notes form part of these F.nanaal statements
Page 6

FOUNDATION MArrERS
BALANCE SHEEr
31 DECEMBER 2024
2024
Total
funds
2023
Total
fuiids
as resL7ted
Unrestricted
Restrirted
funds
Notes
FIXED Assn-s
Tangible assets
io
263,098
1,884,763
2,147,861
2312,556
CURRENT ASSFfS
Debtor5
Cash at bank and in harKI
li
56,697
17/,828
13B,442
54,284
139,330
39,386
195,139
39,386
234,525
193,614
CREDrroRS
Amounts falllng due withln one year
12
(99,999) (182,283) (282,282)
(269,4￿/ )
Nrf CURRENT ASSErs
95,140
(142,897)
(4-1,757}
175,873)
TO'fAL ASSEfs LESS CURRENT UABILMES
3S8,238
1,741,866
2,100,104
2,236,683
Nrf A55ETS
358,238
1,741,866
2,100,104
2,236,683
FUNDS
Unrestricted funds
Reslricled funds
13
358,238
1,741,866
354,817
1,881,866
TOTAL FUNDS
2,100,104
2,236,683
The charitable company Is entitled to exemptfjon frcm audit under Sertlcffj 477 of the Conwnles Art 2006 for tlie year
ended 31 December 2024.
The members have not required the company to obtain an audit of its financial statements for the year encled
31 December 2024 in accordan￿ with Sectlon 476 of the Companies Att 2006.
The trustees acknowledge their resF¥)nslbilities for
ensuring thèt tlie charlkble C￿panY keeps accountln9 rectyds that wlth Sections 386 and 387 of I'l)e
Companies Att 2006 and
preparing finandal statsnients whlch give a true and fair view of tF)e stste of aff¢iits of tl)e cl)a¥itablo company
as at the end of each financial year and of ts sutplus or deficit for each financial year in accordance wiui tlie
requ1￿Ments of Sections 394 and 395 and which othLsMise compty with the reqliirements of ts)e Conipanies
Act 2006 relating to finanaal statements, so tsr a5 applicable to the tharitable company.
These finanoal statemonts have been prepared in accordants with t1￿ provigons applioble to diaritablÈ companies
5ubjett to the small companies re9ime.
Ibl
Tl)e financial sktements were approved by the Board of Trustee5 and authorlsed for issue
. and were signed ts) its behalf by:
on
Mr P K ￿iSnaeS- Trustee
The note5 form part of these financial Staten￿nts
Page 7

FOUNDATION MATTERS
CASH FLOW sfATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
as restated
Cash flows from operating a(tivities
Cash generdted from operations
73A78
248,056
Net cash provrded by operating actsvities
73,478
248.056
Gish flows from investin9 activities
Purchase of tsngible fjxed assets
Sale of tangible fixed assets
(67,780)
31800
(233,183)
1,500
Net cash US￿ in inve*ng activities
(34,980)
(231,683)
Change In ¢2sh and cash equivalents in
the reporting period
Cash and cash equlvalents at the
beginnin9 of the reportlng period
38N98
16,373
139,330
122,957
Cash and cash equlvalents at the end
of the reporting period
177,828
139,330
The notes fom) part of these fiiiancial stst￿ents
Paje 8

FOUNDATION MAThERS
NOTES TO ThE CASH FLOW sfATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2024
RECONCILIATION OF NEf EXPENDrnIRE TO NEf CASH FLOW FROM OPERATING ACTIVMES
2024
2023
as reststed
Net expenditure forthe reporting period (as per the Statement of
financial Activities)
Adjustments for:
Depreaation charges
Profit on disposal of r￿ed assets
Increase in debtors
IncreaSe/(deC￿ase} in Cred￿orS
{136,579) (1,347,136)
200￿95
(1,219)
(2,414)
12,795
1,673,942
(1,500)
(16,522)
(60,728)
Net cash provided by operations
73A78
248,056
ANALYS15 OF CHANGES IN NET FUNDS
At 1.1.24
Cash flow
At 31.12.24
Net cash
Cash at bank and in hand
139,330
38A98
177,828
139,330
38A98
177,828
Total
139,330
38,498
177,828
The nc*es form part of these finanoal ststements
Page 9

FOUNDATION mA￿ER5
NOTES TO THE FINANCIAL sfATEMEMrs
FOR THE YEAR ENDED 31 DECEMBER 2024
AccouMfiNG POLIaES
Basts of preparing the financial statements
The financial ststements of the tharitable company, whrh is a puNic tenefft entity under FPS 102, have been
prepar&1 in accordan￿ with the Ckorittes SORP (FRS 102) Accounting and Reporting by Charities: Statement
of RecommerKfed Prattl￿ applicable to tharities prepartng their accounts in accordan￿ with the Financial
Reporting Stsndard applicable in the UK aThJ Republic of Ireland (FRS 102) (effective l January 2019),
nanclal Reporbng Standard 102 Ihe Fffianaal ReFM)rttng standard applicable in the UK and Republic of
I￿Iaftd' and the Companies P£t 2006. The financial &aterrEnts have teen wepared under the historical cost
convention.
Income
All income & recognised in the Statement of ￿nanCIal Acbvities or￿e the charity has entiuament to the funds,
is protkible that the income will be re£eived and the amount can tse mea9Jred ￿liab￿.
Expendlture
Liabilities a￿ reccyJni5ed as exFendthre as SC*)n as there is a legal or constnKbve obligation committing the
charity to that exFeTrJiture, rt i8 probaNe that a transfer of economic benefits will tre required in *ttlement
and the amourt of the ot4igation (2n be measured relkiily. Expenditure is accounted for on an accruals basis
and has teen classified under headirKJs that aggregate all cost telated to the category. Where costs onnot be
directty attributej to partiojlar IEadir¥Js they have twi alk£a￿ to activibes on a basis consEstent with the
se of re9)ur￿.
Alloration and apportionment of costs
Expenditure which not dirw retate lo the objects of the thartty ts analysed LEtw￿n charitable support
costs, governan￿ costs and costs of genernting fijnds. Items whth Invo￿ more than one cost category are
pp)rtioned on a basis consr5tsnt wtth their consumFthn.
Tanglble r￿ed assets
Depreaatton i5 provided at the followlng annual rdtes n ordw to write off each a￿t over its estimated useful
fe.
Lind
Plant and machinery
cures and fittings
Motor vehides
Computer ￿uIpMent
. r#)t kyovided
25% on cost
25Qh on cost
20% on cost
. 33% C￿ cLK8t
Any costs associated wrth the constru¢l*)n of ts thiklwt's camp are caiytalls&J as tsy Ir￿Urred,
The a¢tivty ￿ntre and aS￿CIated buikjings a￿ being dep￿ts3t￿l over a 25 year period tseing the term of the
lease relating to the13nd on which they have keen construtted.
Expen￿ over £500 on fNtures & ffttirKJ5 are Ca￿￿11￿J.
Taxation
The Charity is exempt from cryrdtion tax on its charitsbie activities.
Fund accounting
Unrestricted funts can be usgj in aCc￿nce with the ch¢ritabte obie£tives at the disuetion of the iTUStees.
Restricted funds can only be usej for part￿ar rest￿ed purp)ses within the obj.ects of the charity.
Restrittions arise when sp￿fied by the dcwr or when funds are raised for parb"cular restrrted purposes.
Further &Yplanation ¢Jf the nabjre and purpose of eth fund 15 induded in the note5 to the financk31 statsments.
Jelo
continued...

FOUNDATION mA￿ER5
NOTES TO THE FINANCIAL sfATEMEMfs- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
DONATIONS AND LEGACIES
2024
2023
as restated
Gifts
Legaaes
ftaid
234,186
15,016
39,489
426,735
73,451
288.691
500,186
INCOME FROM CHARTfABLE AcrivrrIES
2024
2023
as restated
Attwty
Evangelist actyvitses
Camp and troining
Sale of rdigious literatu
Camp and tsalning fees
11,636
48,988
1,899
62,807
60,624
64,706
CHARrrABLE ACTIvrrIES cosrs
Support
costs (*e
note 5)
Direct
Totals
Evangelist activities
Camp and trdining
143,183
18,145
243 241
386,424
101.544
161,328
326,640
487,968
SUPPORT cosrs
Goveman
Man4ement
nan
Totals
Evangelist actiwttes
Camp and trdining
2341
83XJ9
¥041
10,088
243,241
83￿99
315.511
1.041
IOA188
326,640
NEf INCOMEI(EXPENDrruRE)
Net incomel{exFenditure) is statsj after chargingl{crediting):
2024
2023
as re*ated
Independ￿t examination fees
Depreciation - owned assets
Hire of plant and machinery
Surplus on dispjsal of fixed as
3,500
200.894
458
(1,219)
5,451
1,673,941
195
(1,500)
Jell
continued...

FOUNDATION MAThERS
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DE￿MBER 2024
TRUStEEg REMUNERATION AND BENEFThS
Th¥e were m trustees, ￿mUnerath"On or other tenefits for the year ended 31 ￿ernber 2024 nor for the year
en(kd 31 December 2023.
Trustees, expenses
There We￿ no trust￿￿ eynses paKI for the yw ￿ded 31 D￿ember 2024 Th)r for the year ended
31 December 2023.
srAFF cosrs
The aveTrge monthly number of emrdoyees durin9 the year was as follows".
2024
2023
as restated
Support staff
No employees received emolumerrts In exces5 of £EIJ,000.
PRIOR YEAR ADJusfMENT
During the year the trust*s have consdtred the ap[YO￿￿ene$S of the ￿alUatIon of the aCti￿ty centre and
lated buildings sttijated at Pine Lake.
The L3nd on which the buihjings have been constructed and the aumties of the d)arity are ￿rried out is
subj'ect to a l&ise entered into on 7 ￿rnber 2010 for a 25 year
anning pEmiislon and covenants attachej to the land the gte teirwJ usèj for any other purpose
than the current charitsble objects.
It has agreed that the cost of c{￿St[uttion of the trAJildings thould ￿ depre£otsJ over the tem of the
lease and ￿ is consderèj that a pmr year adjustrnert is required rec£¥nisirwJ the depreciat#)n tharge to 31
December 2023. This aJJustment amounts to £1,656,734.
TANGIBLE FIXED ASSEf5
io.
Athvity
ntre
Plant and
mathinery
Land
cosr
At l January 2024
Additions
Diswsals
204,029
3,711￿20
18049
62,875
7,160
{16,179)
At 31 D￿ember 2024
204,029
3,729,969
53,856
DEPRECIATION
At l January 2024
Charge for year
Elimlnated on disposal
¥656,734
188,472
51,758
3,802
(14￿73)
At 31 December 2024
IWS,206
40,687
BOOK VALUE
At 31 December 2024
204,029
1,884,763
13.169
At 31 D￿ember 2023
204,029
2,054.786
11,117
Pa3e 12
continued..,

FOUNDATION MATfERS
NOTES TO THE FINANCIAL sfATEMEKfs- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
io.
TANGIBLE FIXED ASSEfs - Continued
and
fittings
tor
vehides
Comput
equipment
Totals
cosr
At l January 2024
Additions
Disposals
71,224
41.283
41171
(44283)
23,692
4.114￿23
67,780
(57A62)
At 31 December 2024
71.224
41171
23,692
4,124,941
DEPRECIATION
At l January 2024
Charge for year
iminated on diSFosal
63hiO
6,635
11,008
211
(11,008)
19,157
1,774
1,802,067
200,894
C25￿1}
At 31 December 2024
70045
211
20,931
1,977,080
NEf BOOK VALUE
At 31 D&ember 2024
1,179
41,960
761
2,147￿61
At 31 December 2023
7,814
30,275
4.535
2,312,556
ii.
DEBTORS: AMOUNTS FALLING DUE wifHIN ONE YEAR
2024
2023
as restated
Trade debtors
Other debtors
IncorrE tax recoverdble
VAT
Prepayments and acuuej irthme
8,292
6,164
4,458
32,052
4,926
6,684
35,770
5,763
6,872
56,697
54,284
12. CREDrroRS: AMOUNTS FALUNG DUE wmiIN ONE YEAR
2024
2023
as ￿$tated
Trade credthr5
Other creditors
AC(rL￿[S and deferred income
Other loan5
7,840
5,206
3,500
260,701
270,862
281282
269,487
Other loans
Other loans a￿ made up as follows:
2024
2023
Mr P Dixon
Mrj Hudson
Mr A Malkin
30,000
86￿79
151283
30,000
78.418
152,283
e13
continued...

FOUNDATION MATfERS
NOTES TO THE FINANCIAL sfATEME1￿s- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
12.
CREDrroRS: AMOUNTS FALLING DUE wmiIN ONE YEAR- cnntinued
270,862
260,701
The amount disdosed as teing due from Mr A Malkn'n s d[s[￿ted try the Trust￿ and ne9)tiations are ongoing
with Mr Malkin In relation to this k)an balarKe ￿rtain other matters.
13. MOVEMENf IN FUNDS
Net
movement
in funds
Transfers
be￿￿n
funds
year
adJ"ustsnert
At 1.1.24
At
31.12.24
Unrestrlcted fundg
Generdl
354,817
29,174
(25,753)
358,238
Restri¢tsd funds
Activity ￿ntre
Missionary Fund
¢￿er$eaS Bible Exhibttion
3,534￿37 (1,656,734) (144,277)
3￿13
(29￿66}
250
8,090
I,733￿26
25,753
4340
3.538￿00 (1,656,734) (165,753)
3.893017 (1,656,734) (136,579)
25,753
1,741,866
TOTAL FIJNDS
1100,104
Net mov8nent in funds, IndUd￿ in t￿ above a￿ as follows..
Incomlng
r￿UrceS
Resources
exFended
Movement
in funds
Unrestricted funds
General
230,505
(201,331)
29,174
Restricted furKIs
Attivity ￿ntre
Missionary Fund
[￿erSeaS E4ble EKhibiton
44,195
71074
8,090
(188,472) (144,2TI)
(101,440)
(29,566)
8,090
124,159
(289,912) (165.753)
TOTAL FUNDS
354,664
(49L243)
{136,579)
P&Je 14
continued...

FOUNDATION MATfERS
NOTES TO THE FINANCIAL sfATEMENTS- continwl
FOR THE YEAR ENDED 31 DE￿MBER 2024
MOVEMEMf IN FUNDS- continued
Comparatives fijr movement in funds
Net
rr￿)vement
in funds
At
31.12.23
At 1.1.23
Unr&striLted funds
General
260,￿1
93,916
3S4,817
Restricted funds
Acknvity ￿ntre
Missionary Fund
oVe￿eaS &ble Exthibition
3514,857
26,584
(18,523)
(1,437,054)
(22,771)
18,773
1,877,803
3,813
250
3222,918
(1,441,052)
1,881,866
TOTAL FUNDS
3,583,819
(1,347,136)
2,236,683
ComparatNe net movement in funds, I￿juded in the above a￿ as follNs.'
I￿OrnIng
Resour
exrended
Movement
in funds
Unrestricted funds
General
283,026
(189,110)
93,916
Restrirted funds
Activity centre
mi￿10nary Fund
erseas Bible EXhibit￿)n
219,680
54,543
18,773
(1,656,734) (1,437,054)
(77214)
(22,771)
18,773
292,996
(1,734,048) (1,441,052)
TOTAL FUNDS
576,022
(1,923,158) (1,347,136)
Description of Restri¢ted Funds
Activity centre - this fund deals with the donations and ex[thJ[￿re tDwards ts construcknon of the centre at
Ffne lake.
Missionary fund - this fvnd ￿[￿eSents fiJnds ￿￿1V&1 and È¥teTrJed lry the tharity on behalf of voluntary
worker5 undertskn'n g actsvitses on bthalf of the chanty.
Overseas Bible Exhibition - this reWes￿ts monies retrived spectffDIty to fund the overseas work of the
charty.
P￿e 15
conb'nued...

FOUNDATION MATTERS
NOTES TO THE FINANCIAL sfATEMErirs- tontinued
FOR THE YEAR ENDED 31 DECEMBER 2024
14.
RELATED PARTY DISCLOSURES
There wwe no rdated party bznsaclions ft)r the year ended 31 ￿ember 2024.
Page 16

FOUNDATION mA￿ERs
DEfAILED sfATEMEpif OF FINANCIAL AcfIvmES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
as Testated
INCOME AND ENDOWMENTS
Donations and legacieg
Legacies
Grft aid
234.186
15,016
39rt89
426,735
73,451
500,186
Charitsble activilies
Sale of rdiglous literatu
Camp and baining fees
11.636
48,988
1,899
62,807
60,624
64,706
Other inc£•me
Gain on sale of tsngible f￿ed as*ts
MI￿ellane0uS Income
4A94
855
11,130
5,349
11,130
Total incoming resources
354664
576,022
EXPENDrruRE
Charitable actlvities
Hire of plant and machinery
Purchases
Mixellaneous purchases
Gifts to work&s
458
10,960
5,225
101,440
18,145
25,100
195
13,041
1,416
95,515
20,646
16,839
Wage5 and salar￿5
16¥328
147,652
other
Loss on sale of tanglble fixed assets
3,275
Support costs
Managemert
Rates and water
InsutBn
Light and heat
Telephone
Ptinting, postage and stationery
Laundry expenses
Motor expenses
Computer ￿￿are
Tralning cosls
CarrÉed fO￿ard
5.957
10,119
9,543
4,030
5,918
3,942
7,131
13,634
5,599
1,837
6,200
7,647
3.184
51598
10,374
3335
2,951
49,071
This page doe5 not fom) part of the statuiory finantial &atements
Page 17

FOUNDATION MATfERS
DEfAILED sfATEMErir OF FINANCIAL ACtIvmES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Management
Brought forward
Repairs & renewals
Premises expenses
Conwltsncry fees
Freehold property
Dep￿ciatIon of plant and machinery
Dep￿CIatiOn of f￿re5 and fttiings
Dep￿lation of motor vehides
Depreciatlon of computer equipment
Loss on Sale of tsngible fix&J assets
52,598
49,803
11,191
1,024
188,472
3,802
49,071
34,242
4,400
4,726
1,656,734
4.255
6,007
5,504
1,442
(1,5001
211
L774
315,511
1,764,883
Finance
&nk charges and interest
L041
1,003
Governance costs
lftde￿ndent examination fees
Legal and profess]onal f￿S
3,500
6,588
5,451
4,169
10,088
9,620
Totsl resources exFend
49¥243
1,923,158
Net expenditure
(136,579) {1,347,136)
This paje does not fomi part of the statutory financial StateM￿ts
PJJe 18