Registered number: 06040746
Charity number: 1118821
THE LINK FOUNDATION
(A company limited by guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

THE LINK FOUNDATION
(A company limited by guarantee)
CONTENTS
Page
Reference and admlnistratlve details of the company, its Trustees and advisers
Trustees. report
Independent examinerfs report
Statement of financial activities
10
11
Balance sheet
12-13
Notes to the financial statements
14-20

THE LINK FOUNDATION
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
Ms U Loughrey
Miss E Jeyasingham
Mrs K Walter
Mrs K Roberls
Mrs S Welch
Mrs N Ross
Company registered
number
06040746
Charity registered
number
1118821
Registered office
The Old Barrel Store
Draymans Lane
Marlow
Buckinghamshire
SL7 2FF
Company secretary
Ms U Loughrey
A¢¢ountant$
MHA
Chartered Accountants
Building 4
Foundation Park
Roxborough Way
Maidenhead
Buckinghamshire
SL6 3UD
Page 1

THE LINK FOUNDATION
(A company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their report and the unaudited financial statements of the Gharity for the year ended
31 December 2024. The trustees have adopted the provisions of the Statement of Recommended Practice
(SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102).
Since the company qualifies as small under section 383, the stralegic report required of medium and large
companies under The Companies Act 2006 (Strategic Report and Directorfs Report) Regulations 2013 is nol
required.
The Link Foundation is a voluntsrily staffed children's charity based in Maidenhead thal is committed to
improving the lives of children and their families in the local community and surrounding areas.
Objectives and activities
a. Policies and objectives
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefrt. including the guidance 'Public benefit= running a
charity {PB2)'.
The Link Foundation aims to help as many disadvantaged children as possible in Maidenhead, Slough,
Windsor, Ascot, Bracknell, Marlow. Aylesbury and Wycombe. Working with their strategic partners, the charity
identifies families who are struggling to provide essentials for their children. The charity is always reaching out
to new groups so they can endeavor to help as many children as possible, and the trustees regularly meet with
health visitors and schools to educate them on how the Link Foundation can help their families.
b. Stralegies for achieving objectives
The year 2024 remained incredibly challenging for countless families in our community- The lingering effects of
the Covid-19 pandemic continued to take a toll. particulady on those in low-income or zero-hour contract jobs,
many of whom lost their employment. Combined with the ongoing cost of living crisis, this has pushed more
families than ever into hardship.
Many who had never needed help before found themselves tuming to The Link Foundation, applying for
vouchers for essentials like food. clothing. and hygiene products as they fought to make ends meet.
At The Link Foundation, our mission is to step in during these times of crisis by providing grants that meet the
specific needs of local children.
We support children in a wide range of difficult circumstances, regardless of background, ra￿, or religion, when
we know our help can make a real, lasting difference. This includes:
Children living with a disability
Children affected by parental illness or abandonment
Children living in domestic violence reftjges
Children whose families simply cannot afford the basic items or small, everyday comforts that every child
deserves.
Every year. we are proud to support hundreds of local children and their families.
What sets The Link Foundation apart is how closely we work with trusted community professionals, those who
are embedded in the lives of the families we aim to help. Our referral partners include..
Health Visitors
Family Nurses
Page 2

THE LINK FOUNDATION
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Objectives and activities {continued)
School and Nursery Staff
Social Workers
Domestic Violence Workers
Local Charity and Community Group Staff
These professionals are in a unique position to identfy children in genuine need-especially those from families
who may not feel comfortable asking for help. We only accept applications submitled by these partners, using
our official application form to confirm their support.
Because our entire team is made up of volunteers. we do not have the capacity to visit and verify every
application ourselves. That's why the input and endorsement of our referral partners is absolutely essential.
Our low overheads also mean that 93Yo of every pound raised goes directly to helping children and their
families.
At The Link Foundation, we truly believe that even a small gesture can make a big difference in a child's life.
c. Fundraising practices
Since its inception in 2006. the Link Foundation has held annual events to raise funds for the charity. This
included Fireworks and Fun, Let's Rock the Moor and the Link Ball.
Since 2022, and mainly as the result of the pandemic, the Link Foundation has moved away from major
fundraising events and has actively pursued grant applications to other foundations and trusts coupled with a
drive to engage businesses and their corporate responsibility programs. It is hoped Ihat in 2025 the charity will
recruit new businesses to help fundraise for the charity-
In 2024, the Link Foundation received donations from other tnjsts including the Louis Baylis Trust, St James
Place, the Berkshire Community Foundation. Heart of Bucks. MCS Rentals. The Green Hall Foundation and the
Louis Baylis Trust and the trustees are incredibly grateful for this support.
The Link Foundation does nol approach the public for donations unless it is as part of a wider fundraising
events such as the Maidenhead Boundary Walk so protection of the public does not apply to the charity.
The Link Foundation plans any fundraising events a year in advance, and our standards of fundraising are
rigorously adhered to by the trustees.
d. Main activities undertaken to further the company's purposes forthe public benefit
The Link Foundation is committed to making a meaningful difference in children's lives by providing grants that
meet both urgent and long-tenn needs. This support can include essentials like vouchers for school uniforms or
shoes, funding for vital household items, or specialist equipment to ensure children with disabilities are more
comfortable at home. We also help cover costs for school trips or short breaks. ensuring all children can enjoy
enriching experiences alongside their peers.
In addition, we sometimes assist local families by distributing high-quality, nearly-new donations of children's
clothing, toys, and baby equipment.
In 2024, the Link Foundation continued to respond to the ongoing challenges left in the wake of the Covid-19
pandemic, alongside the deepening cost of living crisis. With local community services severely impacted and
many families already under financial strain, increasing numbers found themselves pushed further into poverty.
Page 3

THE LINK FOUNDATION
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Objectives and activities {continued)
Our support has remained vital in helping them navigate these drficult times.
2024 Highlights from The Link Foundation
In 2024. The Link Foundation was once again fortunate to receive generous support from a number of valued
donors. A major contribution came from the MCS Foundation, which donated £12,000
marking the fifth
consecutive year of their support for vulnerable local families.
Other significant donations included=
£15,000 from the Berkshire Community Foundation
£10,000 from Heart of Buckinghamshire
£4,500 from the Shanly Foundation
An incredible £16,000 from Timbertown Charity in Maidenhead
£10,000 from the Green Hall Foundation
Additional appreciated support from the Louis Baylis Trust and The Prince Philip Trust
Community fundraising efforts also played a key role, with neady £4,000 raised by Maidenhead Athletics Club,
and £5,000 contributed from the final Let's Rock the Moor event
which has proudly supported the Link
Foundation since 2011.
Supporting Young Mothers through the Family Nurse Partnership
In 2024, The Link Foundation continued its important partnership with the Family Nurse Partnership at
Wycombe General Hospital, which supports very young mothers facing financial hardship. Through this
collaboration, the charity provided essential items such as cots, prams, and beds, helping these mothers create
safe and supportive environments for their children. Feedback from the Family Nurse Partnership was
overwhelmingly positive, with the team noting the significant impact on the mothers. self-esteem and their ability
to care for their babies.
Christmas Giving 2024
During the 2024 Christmas season, The Link Foundation worked with 20 local children's centres and schools to
provide gifts and meals to disadvantaged families.
Generous support included".
Hundreds of Chrislmas presents donated by the Stoke Park Club. Lapland UK. St Piran's School, and
Record Currency Management
The Beauty Bank, which contributed toiletries and makeup forteenagers
£1,000 from Berkshire Community Foundation to help fund festive meals
With additional contributions from the Louis Baylis Trust and the Englefield Trust. the Link Foundation
distributed Christmas dinners to over 600 families. Each family, referred by local health visitors, received a £25
Sainsbury s voucher. helping to ensure a joyful holiday season.
Page 4

THE LINK FOUNDATION
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Objectives and activities {continued)
Strategic Partnerships and Community Support
The Link Foundation works closely with a nelwork of local charities to reach the most vulnerable families.
Regular referrals come from organizations such as:
Homestart
Family Friends
DASH
Hestia
Abri
RBWM Social Services
Health visitors and social workers in Wycombe
In 2024. the charity also received a growing number of applications from Slough Borough Council and Slough
Children's First, highlighting the strength of these partnerships. Additionally, invitations for support were
extended lo=
The Achieving for Children health visiting team in Windsor and Maidenhead
Children's centres and health visitors in Bracknell and Bracknell Forest Council
The trustees of The Link Foundation aim to visit strategic partners each year to review the charity's impact and
improve the services offered. Although in-person visits have been limited due lo increased remole working post-
pandemic, trustees remain committed to resuming face-to-face engagement in 2025.
Page 5

THE LINK FOUNDATION
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Achievements and perforniance
a. Main achievements of the company
In 2024 the Link Foundation worked with the health visiting teams in Maidenhead, Slough, Bracknell, Windsor.
Reading, Wycombe, Aylesbury and Marlow as well as local schools to identify families that were finding life
incredibly difficult. The Link Foundation helps families by donating vouchers, for the appropriate shop which can
be given quickly to families in need. and. in some cases. health visitors asked for urgent help for families and
the charity gave emergency help in the form of vouchers that were picked up directly from the office.
The Link Foundation relies on the continuing flow of donations to fund its grant giving activity and this was never
truer than in 2024.
The Link Foundation received several generous donations both personally and from businesses, including the
following personal donations
£1,000 from Jane Loughrey and some smaller donations from other local
families.
The Charity also had some sizeable donations from local businesses and foundations. The Berkshire
Community Foundation donated £15,000, Lets Rock the Moor raised £5,000 (accrued in 2023). Louis Baylis
Trust £4,500, MCS Foundation donated £12,000, Maidenhead Athletics Club donated £4,000 and 52 Lives
donated £1,000 to help with the Link Foundation Christmas appeal.
Nicola Ross was recruited as a trustee in 2020 and her remit has been to create a presence for the Link
Foundation on various social media platforms. Nicola is a great asset to the charity and her work continued and
expanded throughout 2023 and the difference she has made with fundraising is indicated by the increase of
money donated via JustGiving. which is a direct response from social media campaigns on Linkedln. Facebook,
Instagram and Twitter and this will continue throughout 2025. Nicola has also taken on the role of gatekeeper
for the Link Foundation website. which is another key element in our charity fundraising campaigns.
At the end of 2024 the trustees agreed that, until 2028, the Link Foundation would not support international
charities as the demand on funds from local families living in poverty has increased over the last five years so all
money raised should be used in the community. This will be reviewed in 2028.
b. Key perfomiance indicators
The Foundation aims to keep reserves at a minimum by distributing funds directly to children and their families.
In the year to December 2024. 93 /0 of expenditure is related to assistan￿ and direct costs of raising voluntary
income.
Financial review
. Going concern
After making appropriate enquiries, the board of trustees has a reasonable expectation that the Gharity has
adequate resources to continue in operational existence for the foreseeable future. For Ihis reason, it continues
to adopt the going concern basis in preparing Ihe financial statements. Further details regarding the adoption of
the going concern basis can be found in the Statement of Accounting Policies.
Page 6

THE LINK FOUNDATION
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
b. Reserves policy
The work of the trustees generated total incoming resources of £113,07812023= £110.402) which is an increase
of 201. from the prior year. Income from donations and grants increased from £100,636 to £112.178 in the year,
however fundraising income was £900 (2023 £9.766). Our donations to assist children totalled £112,997 (2023..
£117,796) in the year. This was a decrease of£4,799 (2023 increase £5,986) in the year.
At the end of the year we had a small deficit of £8,417 {2023= £8,978 deficit}, which, with reserves brought
fO￿ard of £16,882. there are reserves carried forward of £8.465.
Support costs for the year totalled £4,136 (2023= £1.584). Whilst this is a increase from last year. we continue to
be able to minimise our support costs as much of the finan￿ and administrative effort is provided by volunteers.
The Foundation aims to keep reserve at a minimum by distributing funds in accordance wilh the objects. directly
to children and their families. In the year to 31 December 2024, 93 1 of expenditure is related to assistance and
direct costs of raising voluntary income. Reserves were £8,465 at 31 December 2024.
c. Prlnclpal rlsks and uncertalntles
There are no significant risks involved in The Link Foundation as we do not offer practical help to individuals or
other charities. We do provide financial help to disadvantaged children and their families, who have been
directed to us from our partners in the community- however, we do not meet these individuals and therefore do
not have to be DBS checked.
d. Principal funding
Funding to support activities is from personal and corporate donations and a few fundraising events.
Structure. governance and management
Constitution
The charity is a company limited by guardntee and an exempt charity. The charitable company's memorandum
and articles of association are the primary governing documents of the charity. The trustees of the charity are
also the directors of the charitsble company for the purposes of company law.
b. Methods of appointment or election of Trustees
Appointment to the board of trustees is by invitation after the needs of the charity and the range of suitable
candidates are considered by the current trustees.
. Organisational structure and decision-making policies
The overall strategic direction of the charity is detemiined by the trustees who meet formally monthly.
The Trustees meet monthly to adjudicate on the applications for funding. Decisions are made based on the
criteria of the charity and how important the needs of the applicant are.
Page 7

THE LINK FOUNDATION
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Structure, governance and management {continued)
d. Policies adopted forthe induction and training of Trustees
The induction of new trustees is tailored to the needs of the individual concerned and would. however, always
include the provision of key documents and information relating to our activities and obligations under the
Charities Commission.
e. Relaled party relationships
The Link Foundation works in partnership with other charilies, domestic violence refuges, schools, the Family
Nurse Partnership. Sure Start children centers and Health Visitors in the community- These strategic partners
screen all individuals applying to the charity and confirm that they agree with what is being asked for. In many
instances, they will also help the applicant complete the application form to ensure it is comprehensive and
precise. This procedure ensures that applicants are bona fide. and the trustees have confidence thal their need
is valid. The Link Foundation application form allows the trustees to understand the demographic, benefits, and
income information so that more accurate metrics can be recorded. Businesses and individuals who donate to
the Link Foundation can now look at who we help in the community and overseas.
Plans for future periods
The Link Foundation aims to donate in the region of £8,000 per month to disadvantaged families in the
Community.
Members, liability
Each member of the charitable company undertakes to contribute to the assets of the charitable company in the
event of it being wound up while they are a member, or within one year after they cease to be a member, such
amount as may be required. not exceeding £10. for the debis and liabilities contracted before they ceased to be
a member.
Page 8

THE LINK FOUNDATION
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Statement of Trustees. responsibilities
The Trustees {who are also the directors of the company for the purposes of company law) are responsible for
preparing the Trustees, report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the
Trustees must not approve the financial stalements unless they are satisfied that they give a true and fair view
of the state of affairs of the company and of its incoming resources and application of resources, including its
income and expenditure, for that period. In preparing these financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consisiently:
observe the methods and principles of the Charities SORP IFRS 102)-
makejudgments and accounting estimates that are reasonable and prudent",
state whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any
material departures disclosed and explained in the financial statements.
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the
company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the company's transactions and disclose with reasonable accuracy at any time the financial position of the
Gompany 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 company and hence for laking reasonable steps for the
prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 23 September 2025 and signed on their behalf
by:
Ms U Loughrey
Trustee
Page 9

THE LINK FOUNDATION
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Ind8p8ndent examiner's report to the Trustees of The Link Foundation {'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 Trustees of the company (and 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'l.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the
2006 Acl and are eligible for independent examination, I report in respect of my examination of the company's
accounts 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{51{b} of the 2011 Act.
Independent examinerfs Statement
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:
accounting records were not kept in respect of the company as required by section 386 of the 2006 Act.,
or
the accounts do not accord with those records: (
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 fairf view which is not a matter considered as part of
an independent examination., or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practi￿ for accounting and reporiing by charities [applicable to charilies preparing their
accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of
Ireland (FRS 102)].
I have no concems and have come across no other matters in connectlon 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.
This report is made solely to the company's Trustees, as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the company's
Trustees those matters l am required to stste to them in an Independent examiner's report and for no other
purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
the company and the company's Trustees as a body, for my work or for this report.
Signed..
Dated: 24 September 2025
Carina Ralfs
FCA
MHA, Building 4, Foundation Park, Roxborough Way, Maidenhead. SL6 3UD
Page 10

THE LINK FOUNDATION
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES {INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations and legacies
Other trading activities
112.178
112,178
900
100,636
9, 766
Total income
113,078
113,078
110,402
Expenditure on:
Raising funds
Charitable activities
4,362
117.133
4,362
117.133
1,398
117,982
Total expenditure
121,495
121,495
119,380
Net movement in funds
{8,417)
(8,417)
(8,978)
Reconciliation of funds:
Total funds brought forward
Net movement in funds
16,882
{8,417)
16,882
(8,417)
25,860
(8.978)
Total funds carried forward
8,465
8,465
16,882
The Stalement of financial activities indudes all gains and losses recognised in the year.
The notes on pages 14 to 20 fomi part of these financial statements.
Page11

THE LINK FOUNDATION
(A company limited by guarantee)
REGISTERED NUMBER: 06040746
BALANCE SHE
AS AT 31 DECEMBER 2024
2024
2023
Note
Fixed assets
Current assets
Debtors
Cash at bank and in hand
10
10,000
17,346
19.046
19.046
27,346
Current liabilities
Creditors.. amounls falling due within one
year
11
(10,581)
(10,464)
Net current assets
8,465
16,882
Total assets less current liabilities
8,465
16,882
Net assets excluding penslon asset
8,465
16,882
Total net assets
8,465
16,882
Charity funds
Restricted funds
12
Unrestricted funds
12
8,465
16,882
Total funds
8,465
16,882
Page 12

THE LINK FOUNDATION
(A company limited by guarantee)
REGISTERED NUMBER: 06040746
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024
The company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the Gompany to obtsin an audit for the year in question in aGcordanGe with
section 476 of Companies Act 2006.
The Trustees aCknO￿edge their responsibilities for complying with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordan￿ with the provisions applicable to entities subject lo
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 23 September 2025 and
signed on their behalf by-
Ms U Loughrey
The notes on pages 14 to 20 form part of these financial statements.
Page 13

THE LINK FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
General information
The Gompany is a company limited by guarantee. The members of the company are the Trustees named
on page 1. In the evenl of the company being wound up. the liability in respect of the guarantee is limited
to £10 per member of the company.
Accounting policies
2.1 Basis of preparation of financial slatements
The financial statements have been prepared in accordance with the Charities SORP (FRS 1021
Accounting and Reporting by Charities= Ststement of Recommended Practice applicable to Charities
preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK
and Republic of Ireland (FRS 102) and the Companies Act 2006.
The Link Foundation meets the definilion of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy.
2.2 Going concem
The financial statements have been prepared on a going concern basis as the Trustees believe that
no malerial uncertainities exist. The Trustees have considered the level of funds held and the
expected level of income and expenditure for the 12 months from authorising these financial
ststements. The budgeted income and expenditure is sufficient with the level of reserves for the
charity to be able to continue as a going concem.
2.3 Income
All income is rec￿nISed once the company has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Grants are induded in the Statement of financial activities on a receivable basis. The balance of
income received for specific purposes but not expended during the period is shown in the relevant
funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its
recognition is deferred and included in creditors as deferred income. Where entitlement occurs
before income is received, the income is accrued.
Donated services or facilities are recognised when the company has control over the item, any
conditions associated with the donated item have been met, the receipt of economic benefit from the
use of the company item is probable and that economic benefit cna be measured reliably. In
accordance with the Charities SORP {FRS102), the general volunteer time of the Friends is not
recognised and refer to the Trustees. Report for more information about their contribution.
Page 14

THE LINK FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies (continued)
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to Iransfer economic
benefit to a third paty, 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 classified by
activity. The costs of each activity are made up of the total of direcl costs and shared cosls,
inGluding support costs involved in undertaking each activity. Direct costs attribulable to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity
and support costs which are not attributable to a single activity are apportioned between those
activities on a basis consistent with the use of resources.
Expenditure on raising funds includes all expenditure incurred by the company to raise funds for its
charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
company's objectives. as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the
offer is conditional, such grants being recognised as expenditure when the conditions attaching are
fulfilled. Grants offered subject to conditions whiGh have not been met al the year end are noted as a
commitment. but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
2.5 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the company,. this is normally upon notification of the interest paid or payable by the bank.
2.6 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.7 Cash at bank and in hand
Cash at bank and in hand includes cash and short-temi highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account.
2.8 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past
event. it is probable that a transfer of economic benefit will be required in settlement. and the
amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or
the amount it has received as advanced payments for the goods or services it must provide.
Page 15

THE LINK FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies (continued)
2.9 Financial instruments
The company only has financial assets and financial liabilities of a kind thal qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and
subsequently measured at their settlement value with the exception of bank loans which are
subsequently measured at amortised cost using the effeclive interest method.
2.10 Fund accounting
General funds are unrestricted funds vthich are available for use at the discretion of the Trustees in
furtherance of the general objectives of the company and which have not been designated for other
purposes.
Income from donatlons and legacles
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Donations from corporate bcKJies
Donations from individuals
48,716
26,462
37,000
48,716
26.462
37,000
45.001
39,935
15,700
Grants
112,178
112.178
100,636
Fundraising income
Income from fundraising events
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Fundraising events
900
900
9, 766
900
900
9, 766
Page 16

THE LINK FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Expendlture on ralslng funds
Costs of raising voluntary income
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Costs of raising voluntary income
4,362
4,362
1,398
4,362
4,362
1,398
Analysls of grants
Grants to
Institutions
2024
Grants to
Individuals
2024
Total
funds
2024
Grants
112,997
112,997
112,997
112,997
0 (2023.. 1) grants were made to children overseas in 2024 totslling £nil {2023= £5,000}. Further details
are provided in the Trustees report.
Grants to
Institulions
2023
GTrnts tc
Individuals
Total
funds
2023
Grants
5,000
112,796
117,796
5,000
112,796
117,796
Page 17

THE LINK FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Analysls of expenditure by activitles
Grant
funding of
activities
2024
Support
costs
2024
ToLIl
funds
2024
Improving the lives of children
112,997
4,136
117,133
112,997
4.136
117,133
Analysis of support costs
Totsl
funds
2024
Total
funds
2023
Activities
2024
Office costs
Governance- accountancy
926
926
3,210
3.210
186
4.136
4,136
186
Independent examinerfs remuneration
2024
Fees payable to the company's independent examiner for the independent examination of
the company's annual accounts
Fees payable to the company's independent examiner in respect ot.
l other services not included above
3,060
600
Trustees. remuneratlon and expenses
During the year, no Trustees received any remuneration or other benefits (2023- £NIL).
During the year ended 31 December 2024 Trustee expenses of £128 were incU￿ed {2023- £nill.
Page 18

THE LINK FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
10.
Debtors
2024
2023
Due within one year
Prepayments and accrued income
10,000
10,000
11.
Creditors: Amounts falling duewithin one year
2024
2023
Accruals and deferred income
10,581
10,464
12. Statement of funds
Statement of funds - current year
Balance at
31
December
2024
Balance at 1
January
2024
Income Expenditure
Unrestricted funds
General Funds
16,882
113,078
{121,495)
8,465
Statement of funds - prior year
Balance at
31
December
2023
Balance at
1 January
2023
InconE Expenditure
Unrestrfcted funds
General Funds
25.860
170,402
(119.380)
16.882
Page 19

THE LINK FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
13. Analysls of net assets between funds
Analysis of net assets between funds- current period
Unrestricted
funds
2024
Total
funds
2024
Current assets
Creditors due within one year
19,046
(10,5811
19.046
(10,581)
Total
8,465
8,465
Analysis of net assets between funds- prior period
Unrestricted
funds
2023
Total
fvnds
2023
Current assets
Creditors due within one year
27,346
(10,464)
27,346
(10,464)
Total
16,882
76,882
14.
Related party transactions
Mrs U Loughrey and her husband P Griffin made personal donations to the charity of £nil {2023
£10,342). Relatives of Mrs U Loughrey made personal donations to the charity of £1.600 (2023 £nill.
G&L Scientific Ltd, a company in which P Griffin is a director and shareholder, donated £nil (2023
£4,050) to the charity- Mrs N Ross made personal donations to the charity of £44 (2023 - £nill. Vanwall
Property Development Limited. a company owned by U Loughrey and her husband, was owed £4,371 at
31 December 2024 {2023- £4,344) in respect of invoices paid on behalf of The Link Foundation.
Page 20