REGIsfERED COMPANY NUMBER: 06414570 (England and Wales) REGIsfERED CHARrrY NUMBER: 1121671 Report of the Trustees and Audited Finanaal Statements for the Year Ended 31 December 2024 CSIS Charity Fund (A Company Limited by Guarantee) Deeks Evans Audfc Services Limitsj Registered Auditors Chartered Accountsnts rst Floor, West Bam North Frrth Fami, Ashe5 Lane Hadlow Tonbridge Kent TNII 9QU CSIS Charity Fund Contents of the Finandal Statements for the Year Ended 31 December 2024 Page Reference and Administrative Detslls Chairfs Statement 2 to 3 Report of the Trustees Report of the Independent Auditors 5 to 7 Statement of Financial Activities Balan￿ Sheet Notes to the Financial Statements 10 to 16 Detsiled Ststsment of Flnanaal Activities 17 CSIS Charity Fund Reference and Administi*ive Details for the Year Ended 31 De￿mber 2024 TrusrEES I C Albert (￿[gn￿ 13.5.24) C C Birch C R CochTrne M Duggan R E Flanigan G I A Glasener-CIFollone R Gooch (resigned 15.5.24) S Park C Smith (resigned 15.5.24) D J Tery Chair L Ray (appoint&J 15.5.24) G l H¢x)per (apFK)inted 13.11.24) J M Smith (appointed 13.11.24) COMPANY SECREfARY K M Holliday REGIsfERED OFFICE 1st Hoor Gail House Lower Stone Street Maidstone Kent ME15 6NB REGIsfERED COMPANY NUMBER 06414570 (England and Wales) REGISTERED CHARrrY NUMBER 1121671 INDEPENDENT AUDrroRS D*ks Evans Audit SeThi￿ ￿mited Registered Audito Chartered Accountants First Floor, West Bam North Frtth Farm, Ashes Lane Hadlow Tonbridge Kent TNII 9QU soucrroRS Gill, Turner & Tucker Colman House Maidstone Kent ME14 IJE INVESTMENT MANAGERS BlackRock Investment Management (UK) Limited 12 Throgmorton Avenue London EC2N 2DL Savills Investmert Management (UK) Limited 33 Margaret Street London WIG OJD Page I CSIS Charity Fund Chair's Statement for the Year Ended 31 December 2024 2024 was another challenging year for the fjvil servi￿ Insuran￿ S(Kiety Charity Fund (CSIS CF), and for our partner5 and beneficiary groups. In accordan￿ wtth our Objects, we were able to make grants of just over £318,000, and the were well-received by the individuals and charibes we supported. However, that figure ￿presents a drop of almost 13% from the grants we made in 2023, and we must be realisttc that many of our current challenges will persist in 2025. Throughout 2024 our key priority was the ongoing work with the Civil servi￿ Insurance Society (CSIS) to clarify the Deed under which CSIS makes its annual donation to the Charity Fund. Our aims were to have a shared and legally-binding understanding of how the amount of the donation would in fUttl￿ be calculated, whilst allowing CSIS to increase its re*rves where felt necessaryi and to safeguard ￿rtaInty of income for the Charty Fund. I am delighted to report that we have now agreed the final wording of the new Deed, and anttcipate signing it in April. This has taken considerably longer that we hoped, but it is pleasing to be able to report that in parallel wfch these discussions, our relationship with the Board of the Insurance Society has hugely improved, and their5 With us. Attendance at one anotherfs meetings has been valuable for all involved. and signing the Deed will cement an already-effective renewed relationship. As discU￿onS have proceeded, we have also reached a satisfrdctory outcome on the related issue of u* by the Society of the Charity's name and logo in promotional material, and in particular any representstion about sum5 to be donated to the Charity from profits. This means that the virtuous arde of the proffts from CSIS being reinvested in the public and avil seNice communities from which they derive is again wsible on both organisations and partner's websites and, where appropriate, in promotional material. In January 2024, the Fund started to directly employ our Secretsryi Kevin Holliday, rather than his employment being via the insurance society. These arrangements have gone well, thanks in large part to Kevin's organisation Skills and help from our auditors, Deeks Evans. As in previous years, Ray Flanigan has done an eX￿lIent job of leading our core attivity of making grants, wtth trustee 'lead roles, Wlth the charibes we support being ￿￿eWed and strengthen8J. In this context, at the very start of 2025 we were deeply saddened to leam of the dosure of the Heathcare Workers F￿ndation. while they continued to experien overwhelming demand, an increasingly drfficult fundraising environment made it impossible for them to continue to operate. We share their concern that this may become a growing Occurren￿ in the sector in coming years. In 2025 we will aim to continue to ddiver an effective grants prc*Jramme, maintsining strong relationships with the charities we sUPPOrt. Throughout the year Colin Birch has led a team keeping our Risk Register under review, for which we are most grateful. We have also started a review of our MemoTrndum and Articles, under the leadership of Charlie Cochrane, to ensure they remain relevant and fft for purpose. We see this work as important for our future and a key focu5 in the coming year. Additionally, we are revisiting the work done in recent years by a number of Task and Finish Groups in order to identify any improvement oppJrtunitre After a period of change on our Board, 2024 saw us successftjlly recrurt three strong new trustees: Lisa Ray, previously General Secretsry/CEO of the Civil Service Pensioners, Allian￿ (CSPA). Judrth Smith, most recently Chief Executive of the Teaching Staff Trust, and Graham Hooper, former Chief Executive of the Charity for Civil Servants. We are delighted that all three agreed to join us and look forward to worknng with them in 2025. We were less successful, unfortunately, in identsfying a new Treasurer Trustee, despite strenuous efforts to attract a suitsble Trndidate. We have recently decided that in 2025 we will run without the role being filled, reviewing this at the end of the year, and in this context are extremely gratefvl to Gaby Glasener-Qpollone, who is assisting with the role as far as she 15 able among her other business commitments. We have revlewed our investtnent poliaes and the perf0rnan￿ of our investrnent managers and conduded no changes are necessary at presen( although we will continue to monitor thelr perforn￿n￿. In 2024 our main source of income was, as usual, the donation from the Insuran￿ Society, whith was £200,186. Other income came from our investments in The Charittes Property Fund arml Blackrock Bond and Equity Funds. Total investment income for the year was £27,882. In order to maintaln grants to our beneficiary charities at a worthwhile level, £120,000 was disinvested durlng the year. However, it is important to make clear we will not be able to continue this level of disinvestment for more than a few years, and at some ry)int, the only funds we may have available to distribute will therefore be those we receive from the Society, whith would require us to scale back our gTrnt-maknng. Page 2 CSIS Charity Fund Chairfs Statsment for the Year Ended 31 December 2024 In closing, I offer my personal thanks to the ent1￿ Board for their support to me throughout 2024. In particular Colin, Ray and Gaby make signtficant contributtons, and our smooth funcboning V￿uld be Impos￿ble were it not for the work of our Company Secretary, Kevin Holliday. The Fund will aim to deliver to all our d￿rity beneficiaries in 2025 whilst continuing to build on the tx)sitives achieved in 2024 and maintsining a focus on our obJ"ectives and on our financial situation. The objects of the Charity are the relief of need, hardship and distres5. including (but not exclusively) by the provision of financial and other assistan￿ to serving, fomier and retired avil and public servants and their dependants either directly or by making grants to other organisations which can provide financial or other support to them (,￿e Objects ). Debbie Terry CSIS Charity Fund Chair Page 3 CSIS Chaiity Fund (Registsred number OfA14570) for tile Year Ended 31 December 2024 ' . The trustees who are also directors of charity for the PU￿ of the Companies Att 2006, present their report with the financial statements of the charity for the year ended 31 De￿mber 2024. The trust￿ have adopted the provisions of Accounting and Rewrting by Chaiibes: Ststement of Recommended Practice applicable to chartties preparing their accounts in accordan￿ with the Financial Repo￿ng Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). srRucfuRE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its goveming documort, a deed of trust and constituts a limited company, limited by guarantee, as defined by the Companies Act 2006. srATEMENT OF TRusfEES' RESPONSIBILrrIES The trustees (who are a150 the directors of CSIS Charity Fund for the purposes of company law) are responsible for preparing the Annual Report and the finanaal statements in accordan￿ with applicable law and United ￿ngdoM Accounting Standards (United ￿ngdoM Generally A￿pted Accounting Practitr). Company law requires the trustees to prepare financial statements for each financlal year which give a twe and fair view of the state of affairs of the charitsble company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those finanoal statements, the trustees are required to select suitable accounting pK)licies and then appty them consistentlyi observe the methods and principles in the Charity SORP; make judgements and estimates that are reasonable and prudent; prepare the finanaal statements on the going con￿rn basis unless it is inappropriate to presume that the charitsble company will continue In business. The tNstee5 are responsible for keeping proper accounting record5 which di9Jose with reasonable accuracy at any time the financial position of the charltable company and to enable them to ensure that the financial statements comply with the Companies Att 2006. They are also responsible for safeguarding the assets of the tharitable company and hen￿ for taking reasonable thps for the prevention and detection of fraud and other irregularities. In so far as the twstees are aware: there is no relevant audit Infomiation of which the Charitab￿ companvs auditors a￿ unaware; and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the a(Jditors are aware of that infomiation. AUDrroRS The auditors, tkeks Evans Audtt servi￿ Limited, will be proposed for re-app)intment at the forthcoming Annual General Meeting. Approved by order of the trt)ard of trust￿ on .. and signed on Its IEhalf by: D J Terry Cha. Pdge 4 Report of the Independent Auditors to the Members of ,. . CSIS Charity Fund Opinion We have audited the finanaal statements of CSIS Charity Fund (the 'charitable company,) for the year ended 31 December 2024 which comprise the Statement of Finanoal Attivities, the Balance Sheet and notes to the financial statements, induding a summary of significant accounting policies. The finanaal reporbng framework that ha5 b*n applied in their preparation is applicable law and United Kingdom Accounttng Standards (United Kingdom Generally Acceptsd Accounting Practice). In our opinion the financial statements: give a true and fair view of the state of the tharitable companvs affai￿ as at 31 December 2024 and of tts incoming resources and application of resources, induding its income and expenditure, for the year then ended; have been proFerly p￿pared in accordan￿ with United Kingdom Generally Accepted Accounting Practice. and have prepared in accordan￿ with the requirements of the C(Thpanies Act 2006. Basis for opinion We conducted our audit in accordance with International Stsndards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilitie5 under those standards are further described in the Auditors, responsibilities for the audit of the financlal statements section of our report. We are independent of the charitable company in accordan￿ with the ethical requirements that are relevant to our audit of the financial statements in the UK, includlng the FRCS Ethical Stsndard, and we have fulfilled our other ethical reswnsibilttses in accordan￿ w¢th these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate tr) provide a basis for our opinion. Conclusions relatlng to going concern In auditing the financial statements, we have conduded that the trusteg use of the going con￿rn basis of accounting in the preparation of the finanaal statements is appropriate. Based on the work we have perfO￿ed, we have not identified any material uncertaintie5 relating to events or conditions that, individually or collectivelyrt may cast significant doubt on the charitable company's abilty to continue as a going con￿rn for a period of at least ￿efve months from when the financial statements are authorised for issue. Our responsibilities and the resronsibilities of the trust￿ with re5pett to going concem are described in the relevant secbons of this ￿pOrt. Other inforniation The trustees are responsible for the other infonnation. The other infomiation comprises the infomiatton induded In the Annual Report, other than the finanaal statements and our Report of the Independent Auditors thereon. Our opinion on the finanaal statements does not cover the other inforniation and, except to the extent otheNise explicitly stated in our repor¢ we do not express any fomi of assu￿￿￿ condusion thereon. In connection with our audTt of the financlal Statern￿ts, our responsibility is to read the other infomation and, in doing so, consider whether the other information is materialty inconsistent with the finanaal statements or our knowledge obtained ir¢ the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to detemine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the WO￿ we have perfO￿ed, we condude that there is a material mlsstatement of this other infomats'on, we are requir&J to report that frdcL We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audtt: the information given in the Report of the Trustees for the finanaal year for which the financial statements are p￿pared is consistent with the finanaal ststements; and the Report of the Trustees has been prepar8J in accordan￿ with applicable legal requirements. Matters on which we are required to report by eX￿ptIOn In the light of the knowledge and understsnding of the charitsble company and its environment obtained in the course of the audit, we have not identified material misstatements in the ReFth of the Trustees. We have nothing to report in resrÉtt of the following Matte￿ where the Companies Act 2006 requires us to report to you in our opinion: adequate accounting records have not b￿n kept or rthrns adequate for our audit have not b&n received from branches not visited by us; or the financial statements are not in agreement with the accounting records and retums; or certain disclosures of trustees. remunerab'on specified by law are not made; or we have not received all the infomiation and explanations we require for our audit. or the trustees were not entitled to tske advantage of the small companies exemptton from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees. Page 5 Report of the Independent Auditors to the Members of CSIS Charity Fund Responsibilities of trustees As explained more fully in the Statement of Twstees, ResFX)nsibilities, the twstee5 (who are also the directors of the charitsble company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they gÈve a true and fair view, and for such intemal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatemen¢ whether due to fraud or error. In preparing the financial ststements, the trustees are reskN)nstble for assessing the charitable company'5 abilty to continue as a going concem, disdosing, as applicable, matters ￿lated to going concem and using the going con￿rn basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic a￿rnative but to do so. Our responsibilities for the audit of the finanaal statements Our objective5 are to obtsln reasonable assurance a￿ut whether the financial statements as a whole are fr￿ from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that indudes our opinion. Reasonable assurance is a high level of assuran￿, but is not a guarantee that an audit condutted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatsments can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influen the economic decisions of users taken on the basis of the* finandal statements. The extent to which our procedures are capable of detecting irregularities, including fraud Is detailed below: Audlt procedures carried out to detect irr8Jularities induding fraud were as follows: A risk asse55ment in respect of the detection of irregularities induding fraud addressed Income, expend￿Ure and management override in particular. A sample of grant applications made were gjbstantively tested and vouched to award letters and fvnds received or to rejection correskx)ndence. •• A sample of expenses were substantivdy tested by being vouched to supporting paperwork. Where applicable the expenses were checked to ensure that they were valid in temis of the grant conditions associated with the funding received. For large and unusual expenses the rationale of the transactions were evaluated. An assessment of how fraud rnight occur. Income is ￿bStantiallY r￿1Ved by dirett payment into the bank account. Petty cash transactions are trivial. ALrthorisation for exkEnses is geared to the value of transattions. There is a hierarchy of who can sign ￿ in￿asIng amounts wtth duplicate authorisation required for high value transactions. Corttrol accounts are maintained and reconciled monthly ft)r debtors, cash at bank and in hand and ueditors. Fixed assets investments are reviewed and checked. An assessment of any judgements and estimates. No judgements or estimates have been incorporated in the accounts. RI assessment of the audit teams competentr and capabiljty to identify or recognise non-complian￿ with laws and regulations Enquiry of management and those charged with governan￿ in respect of actual and potential litlgation and claims. Because of the reading minutes of meetirwJs of those charged with govemance. Because of the inherent limitstions of an audit, there is a risk that we will not detect all irregularities, including those leading to a material mi55tatement in the finanaal statements or non-compliance with regulation. This risk increases the more that Complian￿ with the law or regulation is removed from the events and trans3Ctions reflected in the financial Statements, as we will be less likely to become aware of instances of non-complian￿. A further descripb'on of our responsibilities for the audit of the finanaal statements is Ic(ated on the Finanaal Reporting Council's webstte at www.frc.org.uk1aud￿orSreSPOn5ibi1ltleS. This dwipbm ftxms part of our Report of the Independent Auditors. Page 6 Report of the Independent Auditors to the Members of "" . . . CSIS Charity Fund Use of our report This report is made solety to the charitable companvs members, as a tthy, in accordan￿ with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitsble company'5 members those matters we are required to state to them in an auditors, report and for no other purpo￿. To the fullest extent pemiitted by law, we do not ac￿pt or assume responsibility to anyone other than the charitable company and the charitable companvs members as a trthy, for our audfc work, for this rep)rt, or for the opinions we have formed, Richard Young (Senior Ststutory Auditor) .for and on behalf of Deeks Evans Audit seN1￿ Ltmit Registered Auditors Chartered Accountsnts First Floor, West Bam North Frith Farm, Ashes Lane Hadlow Tonbridge Kent TNII 9QU 14 May 2025 Page 7 CSIS Charity Fund Statement of Financial Actlvities for the Year Ended 31 December 2024 2024 Unrestricted fund 2023 Totsl funds Note5 INCOME AND ENDOWMENTS FROM Donations and legaaes 175,968 226,933 Investment income 27,882 38,864 Total 203,850 265,797 EXPENDrruRE ON Charitable activities Grants 318,179 356,985 Other 37,824 39,724 Total 356,003 396,709 Net gains on investrnents 10,324 7,482 NET INCOMEI(EXPENDmiRE) (141,829) (123,430) RECONCILIATION OF FUNDS Total funds brought forward 1,068,751 1,192,181 TOTAL FUNDS CARRIED FORWARD 926,922 1,068,751 The notes fonn part of these finanaal Statements Paqe 8 CSIS Charity Fund Balan￿ Sheet 31 December 2024 2024 Unrestricted fijnd 2023 Totsl funds Notes FIXED ASSETS Investments 704,116 813,791 CURRENT ASSErs Debtors Cash at bank 182,477 45,489 211,610 48,150 227,966 259,760 CREDrroRS Amounts falling due wlthin one year io (5,160) (4,800) NET CURRENT ASSETS 222,806 254,960 TOTAL ASSEfs LESS CURRENT UABILrtIES 926,922 1,068,751 NET ASSErs 926,922 1,068,751 FUNDS Unrestricted ￿ndS li 926,922 1,068,751 TOTAL FUNDS 926,922 1,068,751 These finanaal statements have been prepared in accordan￿ with the provisions applicable to charitsble companies subject to the small companies regime. The financial Statements were approvej by the Board of Trustees and authorised for issue on 14 May 2025 and were signed on its behalf by: D J Terry Chair - Trust The notes form part of these finanaal statements Pdae 9 CSIS Charity Fund Notes to the Finanaal Statements for the Year Ended 31 December 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefft entity under FRS 102, have been prepared in accordan￿ with the Chaiities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practi￿ applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial Reporting Standard applioble in the UK and Republic of Ireland, and the COm￿nieS Act 2006. The financial statements have Pxn prepared under the historical cost convention, wtth the ex￿ptiOn of investments which are included at market value, as m(K1tfied by the revaluation of trrtsin assets. Company status The charity is a company limtted by guarantee. The members of the company are the Trustees named, together with other members comprising of forner Trustees and the Gvil Service Insurance Soaety. In the event of the charity being wound up, the liability in respect of the guaTrntee is limited to £1 per member of the charlty. Income All income is recognised in the Ststement of Financial Activities an￿ the chaiity has entitlement to the funds, it is probable that the income will be rereived and the amount can be measij￿d reliably. Donated services or faalitles a￿ r￿C￿nised when the charlty has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefft form the use of the charity of the item is probable and that economic benefft can be measured reliably. On receipt, donated professtonal SeNt￿ and facilitstes are reco3nised on the basis of the value of the gift to the charty which is the amount it would have b￿n wilknng to pay to obtain seNices or facilities of equivalent economic benefit on the open market; a corresponding amount is then rectrjnised in expenditure in the period of receipt. Expenditure Expenditure is recognised On￿ there is a legal or constnKtive oblMJation to transfer economic beneftt to a thlrd paty, it is probable that a transfer of economic beneffts will be required in s&dement and the amount of the obligation can be measured ￿lIablY. l expenditure is accounted for on an accruals basis. All exFenses induding support costs and governan￿ costs are al1o￿dted to the applicable expenditure headings. Support costs are those incurred dirally in 5UPPOrt of eJpenditure on the objects of the charity. Charitable activities costs are costs incurred on the charity's educational operations, including support costs of the tharity apportioned to the charitable activitie Grants payable are charged in the year when the offer is made ex￿pt in those cases where the offer Is conditional, such grants being recoJnised as expenditure when the condtbon's attaching are fulfilled, Grants offered subjett to conditsons which have not b￿n met at the year end date are noted as a commitment but not accrued as eXpend￿Ure. Grants offered subjett to conditions whtch have not been met at the year end date are noted as a commitment but not accrued as expenditure. Taxation The charity is exempt from corFQTrtion tsx on its charitsble activitis Fund accounting Unrestricted funds can be used in accordan￿ with the tharitable objectives at the discretion of the trustees. Restricted funds can only be used for Pa￿cUlar restricted purw5e5 Within the objects of the charity. Restrittions arise when specified by the donor or when funds are raised for particular resbicted purposes. Investsnent income, gain and1055e5 are allocated to the approwiate ￿nd. Further explanation of the nature and pU￿0$e of each fijnd is induded in the notes to the finanaal statements. Page 10 continued... CSIS Charity Fund Notes to the Financial Statements- continued for the Year Ended 31 December 2024 ACCOUNTING POUCIES - continued Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension ￿eMe. Contributions payable to the charitable company's pension scheme are charged to the Statement of Finan(ial Actiwties in the pencil to whlch they relate. Going concern The charity's maln ￿Urce of income is U￿allY the receipt of a donation from The Civil servi￿ Insuran￿ Society. In order to meet its day to day wthing capital requirements the charity is usually dependant upon this donation, the nature of which are primarily awarded on an annual basis and the significant re5eNes the charity has accumulated. After making enquiries, the bust&s have reasonable expectations that the charity will continue Its activities for the foreseeable future. Accordingly, they continue to adopt a going cOn￿M basls in preparing the financial statements. Investments Fixed asset investments are a fom of financial instrument and are initially recognised at their transaction c05t and subsequently measured at their fair value at the Balance Sheet date, unless the value cannot be measured reliably in which case it is measured at cost less Impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as "Gainsl(Losse5) on investsnents" in the Statement of financial acliviti'es incorpjrdting income and ex1￿￿11tUre account. INVEsfMENT INCOME 2024 2023 investment income 27,882 38,864 GRANTS PAYABLE 2024 2023 Grdnts 318,179 356,985 Page 11 continued... CSIS Charity Fund Notss to the Financial Statements - continued for the Year Ended 31 December 2024 GRANTS PAYABLE - continued Grants paid to other charities in 2024 2024 BT Benevolent Fund General welfare grants including Winter Fuel payments. Civil servi￿ Retirement Fellowship (CSRF) General grant Education Support Partnership General hardship support grant Railway Benefit Fund Grant to fund the RBF Eneryy Fund which has L￿n specially deStgn￿ to reduce the immediate financial impact of re￿nt energy pri￿ increases Prison Officers Association Welfare Fund (Inc. Northem ireland) General support grant Firefighters Charity General sUPPOrt grant The Care Workers Charity General welfare support grants to care workers and their frdmilles Cavell Nurses Trust General hardship grants for nurses, midwives and healthcare assistants HASSRA Grant for the HASSRA Development Fund SUPFQrting disabled sp)rtspEople Charlty for Civil Servants Provision of extra support for the financial assistantr to hardthip oses The Ambulan￿ servi￿ Trust General grant for ambulan￿ staff in immediate financial crisis Postal Family Fund Funding for university bursaries Social Workers Benevolent Trust General grant for supporting S￿la1 workers who are suffering financial hardship Healthcare Workers Foundation General grant towards support and skaffing Unison Welfare General support grant Teaching Staff Trust General grant towards key areas of ￿pport and hardship Rowland Hill Fund General welfare grants The Edridge Fund National A￿lation of Probation offi￿rS General grant for the finanaal hardship ca 20,000 10,000 25,000 15,000 10,000 5,000 25,000 20,000 3,000 75,000 10,000 12,000 20,000 10,000 5,000 10,000 15,000 10,000 300,000 NET INCOME/(EXPENDmiRE) Net incomel(expenditure) is stated after charging/(credibng).' 2024 2023 Auditors, remuneration Accountancy 5,040 600 4,800 Page 12 continued... CSIS Charity Fund Ni)tes to the Financial Statements - continuè£l for the Year Ended 31 December 2024 TRusfEES' REMUNERATION AND BENEFrrs There were no trust￿, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 D￿mEEr 2023. Trustees. expenses During the year ended 31 Decemter 2024, expenses totslling £1.119 were reimbur*i or paid directly to 5 Trustees (2023: £1,397 to 7 trustees). srAFF cosrs The average monthly number of empioyees durirvJ the year was as follows: 2024 2023 Admlnlstration No employees re￿iVed emoluments in excess of £60,IJOO. COMPARATIVES FOR THE sfATEMENT OF FINANCIAL AcrIvrtlES Unrestricted fund INCOME AND ENDOWMEltrs FROM Donations and legaaes 226,933 Investment income 38,864 Total 265,797 EXPENDITURE ON Charitable activities Grants 356,985 Other 39,724 Totsl 396,709 Net gains on investsnents 7,482 NET INCOMEI(EXPENDmiRE) (123,430) RECONCIUATION OF FUNDS Total funds brought forward 1,192,181 TOTAL FUNDS CARIUED FORWARD 1,068,751 Page 13 continued... CSIS Charity Fund Notes to the Financial Statements - continue(i for the Year Ended 31 December 2024 FIXED ASSEf INVEsfMEPIts Listed investments MARKEf VALUE At l January 2024 Revaluations 813,791 (109,675) At 31 De￿rnber 2024 704,116 NET BOOK VALUE At 31 December 2024 704,116 At 31 December 2023 813,791 There were no investment assets outside the UK. Cost or valuation is represented by: iiiii 2024 2023 Market value brought forward Disposal proceeds Gain/(loss) on valuation 813,791 926,309 (120,000) (120,000) 10,325 7,482 704,116 813,791 DEBTORS: AMouKfs FALUNG DUE wrrHIN ONE YEAR 2024 2023 Other debtors 10. CREDrroRS: AMOUNTS FALLING DUE WrnIIN ONE YEAR 2024 2023 Accruals and defe￿ed income 5,160 ii. MOVEMENT IN FUNDS Net movement in funds At 31.12.24 At 1.1.24 Unrestricted funds General fund 1,068,751 (141,829) 926,922 TOTAL FUNDS 1,068,751 (141,829) 926,922 Page 14 continued... CSIS Chartty Fund Notes to the Finanaal Statements- contsnued for the Year Ended 31 December 2024 11. MOVEMENT IN FUNDS - continued Net movement in fvnds, includgj in the above are as follows: Incoming resources Resour expended Gains and losses Movement in funds Unrestricted funds General fund 203,850 (356,003) 10,324 (141,829) TOTAL FUNDS 203,850 (356,003) 10,324 (141,829) Comparatives for movement in funds Net movement in funds At 31.12.23 At 1.1.23 Unrestricted funds General fund 1,192,181 (123,430) 1,068,751 TOTAL FUNDS 1.192,181 (123,430) 1,068,751 Comparative net movement in funds, induded in the above are as follows: Incoming resources R￿ur expended Gains and losses Movement in funds Unrestricted funds General fund 265,797 (396,709) 7,482 (123,430) TOTAL FUNDS 265,797 (396,709) 7,482 (123,430) A current year 12 months and prior year 12 months combined is as follows: Net movement in fijnds At 31.12.24 At 1.1.23 Unrestricted funds General fund 1,192,181 (265,259) 926,922 TOTAL FUNDS 1,192,181 (265,259) 926,922 Page 15 continued... CSIS Charity Fund Notes to the Financial Statements- continued for the Year Ended 31 December 2024 ii. MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combinejj net movement in funds, induded in the above are as follows: Incoming resourtrs Re9)urces expended Gains and losses Movement in funds Unrestrjcted funds General fund 469,647 (752,712) 17,806 (265,259) TOTAL FUNDS 469,647 (752,712) 17,806 (265,259) 12. RELATED PARTY DISCLOSURES During the year, the charity received donations of £175,967 (2023: £200,187) from The Civil SeNice Insurance Society. During the year ended 31 Eecember 2023, The Ovil servi￿ Insuran￿ Society incurred costs on behalf of the Charity in the sum of £26,747 but did not recharge these. Consequently, the costs and the asS￿lated donatlon have been induded wtthin the finanoal 51atements as a donated servi￿. At 31 December 2024, the charity was owed £175,957 (2023: £200,187) by the Civil Service Insurance Society. 13. ULTIMATE CONTROLLING PARTY The charity is controlled by its E