**Company registration number: 06835266 Charity registration number: 1131468**
## **GP GIFT LIMITED**
## **Company Limited by Guarantee**
## **UNAUDITED FINANCIAL STATEMENTS AND**
**TRUSTEES REPORT**
**FOR THE YEAR ENDED 31 MARCH 2025**
## **GP GIFT LIMITED**
## **INDEX TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2025**
||**Page**|
|---|---|
|Legal and administrative information|1|
|Trustees' annual report (incorporating the directors report)|2 - 4|
|Independent examiner's report to the trustees|5|
|Statement of financial activities|6|
|Statement of financial position|7|
|Notes to the financial statements|8 - 10|
## **GP GIFT LIMITED**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **FOR THE YEAR ENDED 31 MARCH 2025**
**Registered charity name:** GP Gift Limited **Trustees:** Mr J M Harbottle Rev M J J Paget-Wilkes Mr R O Wickham **Company secretary:** Mr J M Harbottle **Charity registration number:** 1150816 **Company registration number:** 06835266 **Charity Address:** 9 Mornington Road Southport PR9 0TS **Independent examiner:** Daniel Styles FCA Lifestyles Accountancy Limited 39 Kirklees Road Southport PR8 4RB
Page 1 of 10
## **GP GIFT LIMITED**
## **TRUSTEES' REPORT**
## **FOR THE YEAR ENDED 31 MARCH 2025**
The trustees submit their annual report and financial statements for the year ended 31 March 2025. The financial statements follow the requirements of the revised Charities Statement of Recommended Practice (FRS 102) (second edition - October 2019) – 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). For the purpose of charity law, directors are also the company’s trustees and are responsible for making all major decisions on behalf of the company and are referred to throughout this report as trustees.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The organisation is a charitable company limited by guarantee, incorporated on 3 March 2009. It is governed by its its memorandum and articles of association and commenced its activities on 4 October 2011.
## **Recruitment and appointment of the trustees**
The board seeks to achieve a balance of skills and experience amongst the trustees. In order to maintain this, the board reviews its skill and experience mix each year and seeks to recruit new trustees as and when necessary.
Appointment is made once an application for becoming a trustee is received by the charity and the board of current trustees have interviewed the candidate and voted. Usually the board is unanimous in its decision but if that were not the case then a majority vote would prevail.
## **Trustee induction and training**
The current board of trustees provide any new trustee with an overview of the timetable of board meetings, copies of the recent minutes of meetings, the recent reports and financial statements and explains their general and specific responsibilities.
Ongoing training is provided by the board of trustees as and when the need arises.
## **Risk management**
The charity has undertaken a review of the major risks to which it is exposed and monitors this regularly. A regular monitoring of the charity's bank account and the taking into account of any fund restrictions by the management ensures that the charity does not commit to spend more than it has available.
## **OBJECTIVES AND ACTIVITIES**
## **Objects of the charity**
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in considering future activities of the charity. The trustees are of the view that, having made grants or donations to charities with similar objectives, they have complied with their duty to have due regard to the relevant guidance on public benefit.
Page 2 of 10
## **GP GIFT LIMITED**
## **TRUSTEES' REPORT (continued)**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **Objects of the charity (continued)**
The objects of the charity are:
- the relief of poverty through the provision of housing and other amenities and services;
- the advancement of education world-wide on issues relating to poverty, citizenship and community development; and
- the furtherance of the charitable work of the charity by the advancement of such other charitable purposes as the trustees from time to time shall decide.
## **ACHIEVEMENTS AND PERFORMANCE**
## **Review and summary of the year**
Throughout the year the charity has continued to make grants and donations to charities with similar objects to its own including supporting their staff members.
## **FINANCIAL REVIEW**
## **Review and summary of the year**
The results for the year and state of the company's affairs at 31 March 2025 are set out in the financial statements on pages 6 to 10 showing income of £28,961 (2024: £33,214) and expenditure of £36,298 (2024: £27,373).
The company recorded a deficit of £7,337 (2024: £5,841 surplus) for the year bringing the total funds to a surplus of £2,257 (2024: £9,594). During the year grants of £35,618 (2024: £26,700) were made to organisations in support of the charity's objectives and the trustees will continue to decide whom to make grants to in order to use up funds as and when received from the generous donors to whom the trustees are very grateful.
## **Principal funding sources**
The principal funding sources of the charity continue to be received from the very generous donors and grant funders that the charity is so very thankful to.
## **Reserves policy**
The trustees have decided on a policy of holding a minimum of £5,000 in free reserves, the charity having little other regular commitment to overhead expenditure. The trustees intend to maintain appropriate levels of reserves in future years.
In the year to 31 March 2025 the amount available in free reserves was £2,257 (2024 - £9,594). The trustees are continuing to expand on the valuable work that they undertake to help more and more in need which will continue to use the resources available to them.
Page 3 of 10
## **GP GIFT LIMITED**
## **TRUSTEES' REPORT (continued)**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **PLANS FOR FUTURE PERIODS**
## **General plans**
The charity will continue its current programme throughout the year and aims to attract more support both financially and voluntarily in providing emergency food supplies to individuals in need.
## **Plans in response to risk review**
The trustees continually monitor risk and implement policy as and when necessary to mitigate that risk as far as possible.
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the period and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:
- a. select suitable accounting policies and apply them consistently;
- b. make judgements and estimates that are reasonable and prudent;
- c. state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
- d. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the board of trustees on 4 December 2025 and signed on its behalf by:
……………………………… **Mr J M Harbottle - trustee**
Page 4 of 10
## **GP GIFT LIMITED**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GP GIFT LIMITED**
## **FOR THE YEAR ENDED 31 MARCH 2025**
I report to the trustees on my examination of the financial statements of GP Gift Limited ('the charity') for the year ended 31 March 2025, which are set out on pages 6 to 10.
## **Responsibilities and basis of report**
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the financial statements of the 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 the charity’s financial statements 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**
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 charity as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
3. the financial statements 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
4. the financial statements 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.
## **Daniel Styles FCA (Independent examiner)**
**Dated:** 4 December 2025
**for and on behalf of Lifestyles Accountancy Limited 39 Kirklees Road, Southport, PR8 4RB**
Page 5 of 10
## **GP GIFT LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31 MARCH 2025**
|**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**2025**
**2025**
**2025**
**Notes**
**£**
**£**
**£**
**INCOMING RESOURCES**
Incoming resources from generated funds:
Voluntary income:
Donations and gifts
**2**
28,961
-
28,961
**TOTAL INCOMING RESOURCES**
28,961
-
**28,961**
**RESOURCES EXPENDED**
Charitable activities
**3**
36,198
-
36,198
Governance costs
**4**
100
-
100
**TOTAL RESOURCES EXPENDED**
36,298
-
**36,298**
(7,337)
-
**(7,337)**
Fund balances at 1 April
9,594
-
9,594
Fund balances at 31 March
2,257
-
**2,257**
**NET INCOMING RESOURCES FOR**
**THE YEAR**|**Total**
**funds**
**2024**
**£**
33,214
33,214
27,273
100
27,373
5,841
3,753
9,594|
|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 8 to 10 form part of these financial statements.
Page 6 of 10
## **GP GIFT LIMITED**
## **BALANCE SHEET**
## **AS AT 31 MARCH 2025**
|**AS AT 31 MARCH 2025**|||
|---|---|---|
|||**Total**
**Total**|
|||**funds**
**funds**|
|||**2025**
**2024**|
||**Notes**|**£**
**£**|
|**CURRENT ASSETS**|||
|Cash at bank and in hand||2,793
9,846|
|**CURRENT LIABILITIES**||2,793
9,846|
|Accruals||100
100|
|Other creditors||436
152|
|||536
252|
|**NET CURRENT ASSETS (Free reserves)**||**2,257**
**9,594**|
|**FUNDS**|||
|Restricted funds||-
-|
|Unrestricted funds|**6**|2,257
9,594|
|**TOTAL FUNDS**||**2,257**
**9,594**|
For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
The members have not required the company to obtain an audit of its financial n statements for the year in question in accordance with section 476; The directors acknowledge their responsibilities for complying with the requirements of n the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 4 December 2025, and are signed on behalf of the board by:
………………………………
**Mr J M Harbottle - trustee**
The notes on pages 8 to 10 form part of these financial statements.
Page 7 of 10
## **GP GIFT LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **1 ACCOUNTING POLICIES**
## **a Basis of preparation**
The financial statements have been prepared in accordance with Financial Reporting Standard 102 (FRS 102) issued by the Financial Reporting Council and comply with the Statement of Recommendation Practice, “Accounting and Reporting by Charities”, effective from 1 January 2019.
## **b Fund accounting**
Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements where relevant.
## **c Incoming resources**
All incoming resources are included in the SOFA when the charity is legally entitled to the income and can be quantified with reasonable accuracy. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. No amounts are included in the financial statements for services donated by volunteers.
## **d Resources expended**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs 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 the resources.
## **e Fixed assets and depreciation**
Tangible fixed assets costing more than £500 are capitalised and included at cost including and incidental expenses of acquisition.
## **f Limited by guarantee**
The charity is a company limited by guarantee. The members of the company are the trustees named on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
Page 8 of 10
## **GP GIFT LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **2 VOLUNTARY INCOME**
|**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**2025**
**2025**
**2025**
**£**
**£**
**£**
**Donations and gifts:**
General donations
28,961
-
**28,961**
28,961
-
**28,961**
**3**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**2025**
**2025**
**2025**
**£**
**£**
**£**
Grants paid
35,618
-
**35,618**
Fundraising costs
546
-
**546**
Sundry costs
34
-
**34**
36,198
-
**36,198**
**4**
**GOVERNANCE COSTS**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**2025**
**2025**
**2025**
**£**
**£**
**£**
Independent examination
100
-
**100**
100
-
**100**
**COSTS OF CHARITABLE ACTIVITIES**|**Total**
**funds**
**2024**
**£**
33,214
33,214
**Total**
**funds**
**2024**
**£**
26,700
547
26
27,273
**Total**
**funds**
**2024**
**£**
100
100|
|---|---|
Page 9 of 10
## **GP GIFT LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **5 ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Current assets
Current liabilities|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
2,793
-
(536)
-
2,257
-|**Total**
**funds**
**£**
**2,793**
**(536)**
**2,257**|
|---|---|---|
## **6 ANALYSIS OF FUNDS**
|**Unrestricted funds:**
**Restricted funds:**
**Total funds:**|Balance at
Incoming
Outgoing
1 Apr 24
Resources
Resources
9,594
28,961
36,298
-
-
-
9,594
28,961
36,298|Balance at
31 Mar 25
**2,257**
**-**
**2,257**|
|---|---|---|
## **7 TRUSTEES REMUNERATION**
No trustee received any emoluments during the year.
Trustees' travel expenses reimbursed during the year totalled £nil (2024: £nil).
## **8 RELATED PARTY TRANSACTIONS**
During the year an amount of £33,000 (2023: £nil) was paid as a grant to Green Pastures CBS Limited, a society whose primary objective is to end homelessness. Also during the year an amount of £nil (2024: £25,000) was paid to Half the Story LLP, a business established to provide supportive job roles to those who have experienced homelessness which is a joint venture, half owned by a subsidiary company of Green Pastures CBS Limited. The son of trustee Rev M J J Paget-Wilkes is a director of Green Pastures CBS Limited.
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