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← Better World Charity Limited

2024-12-31-accounts

REGISTERED COMPANY NUMBER: 05915569 (England and Wales) REGISTERED CHARITY NUMBER: 1117028

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BETTER WORLD CHARITY LTD

Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH

BETTER WORLD CHARITY LTD

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Cash Flow Statement 8
Notes to the Cash Flow Statement 9
Notes to the Financial Statements 10 to 16

BETTER WORLD CHARITY LTD (REGISTERED NUMBER: 05915569)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The charity's objects, which are set out in its Memorandum of Association as follows:

(a) To promote the spiritual and moral advancement of humanity through education, self-improvement and the encouragement of individuals to undertake a variety of volunteer programmes and in particular by promoting charitable activities.

(b) To promote the education of Jewish individuals and the alleviation of poverty among Jewish and wider communities throughout the world.

(c) Other charitable activities that the trustees may from time to time determine.

(d) To advance the education of the public in general on the subject of Well-being and Mental Health

Page 1

BETTER WORLD CHARITY LTD (REGISTERED NUMBER: 05915569)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

OBJECTIVES AND ACTIVITIES

Significant activities

The Charity carries out these objects for the public benefit by operating three main projects, known as the Rabbinical Training Academy (RTA), Tikun, and the Three Principles Conference. Each works within its own designated budget and funds.

Rabbinic Training Academy

This programme aims to help create a better quality of Jewish Leader today for the challenges of tomorrow. Known as the Rabbinic Training Academy (RTA) it is a learning and development programme for Rabbinic students and their families who are beginning their professional journey in Communal Leadership and Education.

Traditionally, rabbis have spent the vast majority of their training focusing on Jewish law. They often train in a vacuum which is very different from many of the realities of the professional world they must face in their future leadership roles. Inexperienced in the wider world, they must assume the role of religious, moral and spiritual leadership and responsibility, which often places people's emotional wellbeing in their hands.

The RTA aims to change how rabbinic leaders operate and educate within their communities so that they become more open minded and humane, more humble and caring as well as more understanding in how to provide guidance and support in an ever changing world. This will enable rabbinic leaders to play a significant role in contributing towards a healthier Jewish community and ultimately a better world.

Tikun

The Tikun project shares spiritual and practical Jewish wisdom on a variety of issues including happiness, developing healthy relationships and public contribution primarily, although not exclusively, for Jewish individuals. This has a profound effect on the individual, as well as the society within which they live.

Tikun is not looking for people simply to learn but to learn in order to do. For people to be better human beings rather than simply learning how to become one. It educates individuals to consider what their society, their community and their world needs and for them to respond accordingly. Tikun aims for people to become role models and leaders who will inspire those around them and start to create a grassroots movement of social change.

3PUK Conference

The Three Principles Conference is a 3 day annual event which was held in person at the Marylebone Theatre and also virtually online to allow for maximum participation. The aim of the conference is to unlock every individual's ability to discover an improved experience of life or wellbeing through an understanding of how the mind works in a relevant, enjoyable and accessible way.

When people feel comfortable with their own lives they are more able to live contently and more meaningfully contribute to the lives of others. With poor mental health becoming increasingly prevalent, the conference provides a means by which people may find their own sense of personal stability and wellbeing putting them on a path of resilience, healthy values and peace of mind.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Public benefit

The trustees confirm that they have complied with their duty and referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives and in planning future activities and setting it's educational strategy and plans for the year.

Project Review and Development

The Trustees are continually looking to review and develop the current programmes to best satisfy the objectives of the charity. This is demonstrated by the RTA programme, one of whose aims is to better meet objectives in the education of Jewish individuals. As part of ongoing reviews, this programme is continually being appraised so as to improve the experience of the those partaking in it and to further clarify the charity's aims for future years.

Page 2

BETTER WORLD CHARITY LTD (REGISTERED NUMBER: 05915569)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

STRATEGIC REPORT Achievements and performance Charitable activities

Brief highlights of successful programmes this year include:

o The RTA programme took in a new cohort (Cohort Vav) in September 2024. The programme continued to be a twelve month programme as it was felt that this was sufficient time to teach the syllabus. The shorter programme also saves the charity money.

o Continued to visit individuals in need who are situated in hard to reach locations e.g. psychiatric ward, hospice, hospitals etc.

o The 2024 3PUK Conference saw 250 in person and 300 attendees online. The price to attend the conference varied depending on the type of ticket that was purchased.

o The in-person conference took place at the Marylebone Theatre in Central London and was received extremely positively and the feedback received was very encouraging especially in respect to the new venue and the continuation of an in-person conference after virtual conferences during the pandemic.

o The conference welcomed back many previous speakers as well as a number of new speakers some of whom have come through the Better World programme.

Financial review

Financial position

2024 was once again a successful year both in programme impact and for the financial affairs of the charity which has built upon its previous success in prudent financial planning, fundraising and the management of its activities and funds. It has continued to develop plans and has taken steps to increase its funding base, resources and programming to reflect the continuing demand for its services and activities.

The Trustees continue to be pleased with the level of funding generated from the activities themselves, thus demonstrating that the charity is becoming less reliant on external private donations. It should be noted that this aspect has had no effect on the charity's programmes which are still wholly accessible to the financially disadvantaged with all programmes available to everyone regardless of their personal financial circumstances.

Having considered the suggestion of an independent fundraiser, it was decided not to follow this advice. The charity is very niche in its proposition and Rabbi Rosenblatt, the CEO, is best positioned to articulate the vision and direction of the charity. A professional fundraiser would be a financial risk for the charity and the trustees to not believe it is a risk worth taking.

As a charity that continues to raise a large proportion of its funds from private individuals, the Trustees recognise the major risk to the organisation should these donors choose not to give to the charity in the future. To mitigate that risk the Trustees are continually looking to expand the donor base and increase the geographic and demographic reach of its fundraising activities and efforts include successfully running an online 'matching funds' fundraising campaign in November 2024.

At the end of the accounting period the charity had reserves of circa £68,000, compared to circa £34,000 in the previous year. The trustees like to run the charity with at least a month's budget in advance (around £45,000), as reserves, and are pleased to report that this is the case. The Trustees are also proud that the charity has achieved reductions in office overheads and expenditure over the past year, reflecting their continued commitment to financial efficiency and sustainability.

With the country, and indeed the world, heading into deeper financial challenges, the Trustees feel that the fundraising situation remains difficult to predict and fluid in nature. Consequently, the Trustees are closely monitoring the levels of funding being received by the charity and its financial position in general and we believe we have taken due care to ensure that changes have been and will be implemented to ensure the going concern of Better World Charity Ltd.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Page 3

BETTER WORLD CHARITY LTD (REGISTERED NUMBER: 05915569)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure

The affairs of the charity are governed by the Board of Trustees, of which Mrs Marlow is the Chairperson. They are responsible for setting the strategic direction of the charity, consideration of reserves, risk management, performance review and setting general organisational policy.

The Board of Trustees have decided to delegate the day to day operation of the organisation to its Management Committee, which reports directly to the Board of Trustees. From time to time the Management Committee contracts with specialised consultants and involves experienced volunteers from the business community in a variety of areas in order to establish best practice in the organisation's activities. The Management Committee operates the charity along departmental lines. The Chief Executive Officer continued to be Shaul Rosenblatt and its Chief Operating Officer since 2023 has been Charles Lossos.

Risk management

The Trustees regularly assess the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the significant potential risks.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05915569 (England and Wales)

Registered Charity number

1117028

Registered office

First Floor Winston House 349 Regents Park Road London N3 1DH

Trustees

Ms L G Marks (resigned 1.7.24) Mrs E Y Marlow Mr D M Solomon Mr P A Simons (appointed 1.7.24)

Independent Examiner

Mr Aryeh Melinek, FCA Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH

Website

www.betterworldcharity.org

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 25 September 2025 and signed on the board's behalf by:

Mrs E Y Marlow - Trustee

Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BETTER WORLD CHARITY LTD

Independent examiner's report to the trustees of Better World Charity Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company 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 your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mr Aryeh Melinek, FCA

Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH

25 September 2025

Page 5

BETTER WORLD CHARITY LTD

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2024

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
744,580
Investment income
3
1,600
Total
746,180
EXPENDITURE ON
Raising funds
4
1,100
Charitable activities
5
Rabbi Training activities
465,975
Three principles conference
55,063
Tikun
65,805
Light up a Life
-
Other charitable activities
125,002
Total
712,945
NET INCOME
33,235
RECONCILIATION OF FUNDS
Total funds brought forward
34,414
TOTAL FUNDS CARRIED FORWARD
67,649		 Restricted
fund
£
14,936
-
14,936
-
-
-
-
-
14,308
14,308
628
-
628		 2024
Total
funds
£
759,516
1,600
761,116
1,100
465,975
55,063
65,805
-
139,310
727,253
33,863
34,414
68,277		 2023
Total
funds
£
763,795
3
763,798
1,950
506,347
51,358
58,186
110
141,507
759,458
4,340
30,074
34,414

The notes form part of these financial statements

Page 6

BETTER WORLD CHARITY LTD (REGISTERED NUMBER: 05915569)

BALANCE SHEET 31 DECEMBER 2024

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
12
21,785
Investments
13
16,500
38,285
CURRENT ASSETS
Stocks
14
1,155
Debtors
15
37,245
Cash at bank and in hand
34,778
73,178
CREDITORS
Amounts falling due within one year
16
(43,814)
NET CURRENT ASSETS
29,364
TOTAL ASSETS LESS CURRENT LIABILITIES
67,649
NET ASSETS/(LIABILITIES)
67,649
FUNDS
18
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
fund
£
-
-
-
-
-
628
628
-
628
628
628		 2024
Total
funds
£
21,785
16,500
38,285
1,155
37,245
35,406
73,806
(43,814)
29,992
68,277
68,277
67,649
628
68,277		 2023
Total
funds
£
23,352
6,504
29,856
2,255
35,487
89,559
127,301
(122,743)
4,558
34,414
34,414
34,414
-
34,414

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The financial statements were approved by the Board of Trustees and authorised for issue on 25 September 2025 and were signed on its behalf by:

Mrs E Y Marlow - Trustee

The notes form part of these financial statements

Page 7

BETTER WORLD CHARITY LTD

CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash (used in)/provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Purchase of fixed asset investments
Interest received
Net cash used in investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
2
Cash and cash equivalents at the end of
the reporting period
2		 2024
£
(40,340)
(40,340)
(3,822)
(9,996)
-
(13,818)
(54,158)
89,327
35,169		 2023
£
73,257
73,257
(3,214)
(6,504)
3
(9,715)
63,542
25,785
89,327

The notes form part of these financial statements

Page 8

BETTER WORLD CHARITY LTD

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024

1.
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING
Net income for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Decrease in stocks
(Increase)/decrease in debtors
(Decrease)/increase in creditors
Net cash (used in)/provided by operations
2.
ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash in hand
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one year
Total cash and cash equivalents
3.
ANALYSIS OF CHANGES IN NET FUNDS		 ACTIVITIES
2024
£
33,863
5,388
-
1,100
(1,758)
(78,933)
(40,340)
2024
£
50
35,356
(237)
35,169		 2023
£
4,340
6,114
(3)
1,950
2,271
58,585
73,257
2023
£
50
89,509
(232)
89,327
At 1.1.24
Cash flow
At
£
£
Net cash
Cash at bank and in hand
89,559
(54,153)
Bank overdrafts
(232)
(5)
89,327
(54,158)
Total
89,327
**(54,158) **		 31.12.24
£
35,406
(237)
35,169
35,169

The notes form part of these financial statements

Page 9

BETTER WORLD CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting 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 historical cost convention, with the exception of investments which are included at market value.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

continued...

Page 10

BETTER WORLD CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

2. DONATIONS AND LEGACIES

Donations
Gift aid
Admissions
Book sales
3.
INVESTMENT INCOME
Rents received
Deposit account interest
4.
RAISING FUNDS
Other trading activities
Opening stock
Closing stock
5.
CHARITABLE ACTIVITIES COSTS
Rabbi Training activities
Three principles conference
Tikun
Other charitable activities
6.
GRANTS PAYABLE
Other charitable activities		 Direct
Costs
£
465,975
55,063
65,805
99,908
686,751		 Grant
funding of
activities
(see note
6)
£
-
-
-
14,283
14,283		 2024
£
664,166
24,166
64,845
6,339
759,516
2024
£
1,600
-
1,600
2024
£
2,255
(1,155)
1,100
Support
costs (see
note 7)
£
-
-
-
25,119
25,119
2024
£
14,283		 2023
£
704,912
16,798
32,556
9,529
763,795
2023
£
-
3
3
2023
£
4,205
(2,255)
1,950
Totals
£
465,975
55,063
65,805
139,310
726,153
2023
£
504

continued...

Page 11

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

BETTER WORLD CHARITY LTD

7. SUPPORT COSTS

Management
£
Other charitable activities
22,283
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets		 Governance
Finance
costs
£
£
436
2,400
2024
£
5,389		 Totals
£
25,119
2023
£
6,114

8. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.

10. STAFF COSTS

STAFF COSTS
2024 2023
£ £
Wages and salaries 193,547 179,243
Social security costs 14,827 15,021
Other pension costs 3,361 3,215
211,735 197,479
The average monthly number of employees during the year was as follows:
2024 2023
Employees 6 6
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:
2024 2023
£90,001 - £100,000 1 1

continued...

Page 12

BETTER WORLD CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
Total
fund fund funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 768,873 (5,078) 763,795
Investment income 3 - 3
Total 768,876 (5,078) 763,798
EXPENDITURE ON
Raising funds 1,950 - 1,950
Charitable activities
Rabbi Training activities 506,347 - 506,347
Three principles conference 51,358 - 51,358
Tikun 58,186 - 58,186
Light up a Life 110 - 110
Other charitable activities 141,003 504 141,507
Total 758,954 504 759,458
NET INCOME/(EXPENDITURE) 9,922 (5,582) 4,340
Transfers between funds (1,719) 1,719 -
Net movement in funds 8,203 (3,863) 4,340
RECONCILIATION OF FUNDS
Total funds brought forward 26,211 3,863 30,074
TOTAL FUNDS CARRIED FORWARD 34,414 - 34,414
12. TANGIBLE FIXED ASSETS
Freehold Long Plant and
property leasehold machinery
£ £ £
COST
At 1 January 2024 16,093 1,869 6,317
Additions - - -
At 31 December 2024 16,093 1,869 6,317
DEPRECIATION
At 1 January 2024 - 1,402 6,317
Charge for year - 467 -
At 31 December 2024 - 1,869 6,317
NET BOOK VALUE
At 31 December 2024 16,093 - -
At 31 December 2023 16,093 467 -

continued...

Page 13

BETTER WORLD CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

12.
TANGIBLE FIXED ASSETS - continued
COST
At 1 January 2024
Additions
At 31 December 2024
DEPRECIATION
At 1 January 2024
Charge for year
At 31 December 2024
NET BOOK VALUE
At 31 December 2024
At 31 December 2023
13.
FIXED ASSET INVESTMENTS
MARKET VALUE
At 1 January 2024
Additions
At 31 December 2024
NET BOOK VALUE
At 31 December 2024
At 31 December 2023
There were no investment assets outside the UK.
14.
STOCKS
Stocks		 Fixtures
and
Computer
fittings
equipment
Totals
£
£
£
43,321
5,843
73,443
1,025
2,797
3,822
44,346
8,640
77,265
40,111
2,261
50,091
3,415
1,507
5,389
43,526
3,768
55,480
820
4,872
21,785
3,210
3,582
23,352
Unlisted
investments
£
6,504
9,996
16,500
16,500
6,504
2024
2023
£
£
1,155
2,255

continued...

Page 14

BETTER WORLD CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

15.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments and accrued income
16.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 17)
Trade creditors
Social security and other taxes
Pensions
Accruals and deferred income
17.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
18.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS
At 1.1.24
£
34,414
-
34,414
Incoming
resources
£
746,180
14,936
761,116

continued...

Page 15

BETTER WORLD CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

18. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement
At 1.1.23
in funds
£
£
Unrestricted funds
General fund
26,211
9,922
Restricted funds
Restricted fund
3,863
(5,582)
TOTAL FUNDS
30,074
4,340
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
768,876
Restricted funds
Restricted fund
(5,078)
TOTAL FUNDS
763,798		 Transfers
between
At
funds
31.12.23
£
£
(1,719)
34,414
1,719
-
-
34,414
Resources
Movement
expended
in funds
£
£
(758,954)
9,922
(504)
(5,582)
(759,458)
4,340

19. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2024.

Page 16