Charity registration number 1131987 {England and Wales)
Company reglstratlon number 7012694
GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr Christopher Campbell
Mrs Zoe Fenwick
Mi55 Marnie Hayward
Mr Nick Rattv
Mr Michael Risden
Mr Johnathan Samuel (Vice Chairl
Mr Mark Dawson
Mr Gordon Lishman CBE (Chairl
(Appointed 21 May 20241
Secretary
Miss Maureen Nolan
Charlty number IEn8land and Wales)
1131987
Company number
7012694
Registered offlce
2 Kingdom Street
London
W2 6BD
Independent examlner
Tony Stanley ACA
Mitchell Charlesworth
Suite5 C, D, E & F
14th Floor, The Plaza
100 Old Hall Street
Liverpool
L3 9QJ
Bankers
HSBC plc
99-101 Lord Street
Liverpool
Merseyside
L2 6PG
SollcStors
Wrigleys
19 Cookridge Street
Leeds
West Yorkshire
LS2 3AG

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
CONTENTS
Page
Trustees, report, including Statement of trustees, responsibilities
Independent examlner's report
Statement of financial activities
Balance sheet
Statement of cash flows
Notes to the financial statements
10-15

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The trustees present their annual report and financial statements for the year ended 30 September 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note I to the financial
statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reportin8
Standard applicable in the UK and Republic of Ireland and the Charities SORP '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 IFRS 1021"
Objectives and activities
The objects are to promote and support gas safety in order to advance health and save lives by providing education in relation
to gas safety and by promoting any purpose that is charitable according to the laws of England and Wales and which furthers
gas safety as determined by the Trustees.
Actlvltles, achlevements and performance
The Charity continued to focus on its two existlng major successful grant programmes durlng the reportSng perlod.
During the reportlng period, the charSty made the following substantSal grants:
Thlnk CO Pro
ramme
The Programme focuses on developing and promoting advisory and campalgn materlal on carbon monoxlde ICOI polsoning by
offerin8 a range of accessible resources includin8 in-person workshops, online workshops and e-learnin8. The tar8et audience
for the Programme is "trusted intermediaries" in the public sector, voluntary organisations and care providers. These are the
people most trusted to advise service users and, as they visit people in their homes or offer advice over the phone, they can
look for and ask about symptoms and danger points. The materials include advisory leaflet5, factsheet5, Posters and training
materials which were revised and updated during the year.
A total of 56 online workshop5 were delivered during the period. 36 generic hour long work5hop5 were delivered to 1,137
people. 10 Customised workshops were delivered to over 200 people in.. Kent County Council,. local Citizens Advice,. Cadent
and Birmingham Community Health.. and Caribbean and African Health.
A new model of delivering online workshops was developed in partnership with NEF'S Better Housing Better Health project,
where a 20 minute mini workshop was delivered as part of an hour long workshop on fuel poverty. During the period, 7
workshops were delivered to 215 people.
Face to face workshops were run in partnership with SGN, Wales & West Utilities and Jersey Fire & Rescue Service, delivered in
Portsmouth, Bristol, Glasgow, Fife and St Heller. A customised face to face workshop was run for Nottingham County Council
and Nottingham City Council and Nottingham City Council staff from their sensory loss team, with a particular focus on
messages for vulnerable clients with hearing loss. Three customised workshops were run with the Scouts at two residential
events for Scout leaders.
There was a consistent demand during the period for e-learning, with 393 people registering for the generic course. In
addition, SCORM versions of the course were added to the learnin8 management systems of organisations includin8 Brighton
Council, the Centre for Sustainable Energy and SGN. 88 people completed the e learning course on the SGN LMS between
October 2023 and March 2024.
A customised e learning course for the Scouts has been developed which will be made compulsory for all Scout leaders in the
UK.
Additional resources have been developed with free access. These include downloadable guides from the GSC website and
fllms via YouTube. Versions are available as BSL Idownloaded 4,320 times), Hindi17301. English12211, Bangla11551.

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
A Think CO App has been developed IApple and Android versions), supported by the Gas Distribution Networks IGDNsl. The
App is in the final stages of development and testing and will be launched shortly.
The grant awarded for the extension of the programme for the year was £132,000 Ibased on 275 day51 plus VAT and expenses.
A Review Group of Trustees monitored the programme and met the delivery agency at regular intervals during the year to
review progress.
The Think CO Programme produces a quarterly newsletter outlining the Programme's work, as well as information on CO
safety. Four e-Newsletters were produced and circulated during the period. The mailing list currently has over 2,600
subscribers and is GDPR compliant.
Foundatlons Inde
endent Llvln
Trust
FILT
The Charity continued to fund the successful programme in collaboration with Foundations Independent Living Trust IFILTI for
a further year. The grant is spent via local Home Improvement Agencies IHIAS) on small Brants to individuals and families in
urgent need of a small sum of money to inspect, repair or replace gas systems and appliances. All the work undertaken relates
directly to improving or maintaining gas safety, in the form of inspections, services, or repairs to pipework, fires, boilers and
cooker5.
The grants facilltated by the Charity also enable local HIAS to access further support. The funding leveraged in from other
sources to supplement the support provided by the Charity durin8 the period for gas safety related work was £687,486.41
which significantly increases the total value of the Charity's contribution. It does not include other interventions that often
arise from HIA visits, including welfare benefit checks and other home safety projects.
The Programme has a signlficant impact on the Ilves of vulnerable people. Everyone who has benefitted from the scheme
lives in privately owned accommodatiors and most are over 60 with low income and/or a disability,. Smaller numbers of clients
are under 60 with low income and/or a disability,. and a small number of others are considered by the HIA to be exceptionally
vulnerable.
The grant awarded for the period was £275,000 plus a Service Delivery charge of £33,757 Ilncludlng VATI. The amount spent
was £274,559.02, with incomplete cases rolled over into the following year. 19% of interventions received allocotions of
between £51 and £lOO.
During the period, 1,705 households were helped with gas safety intervention work from the Gas Safe Charity (against a target
of 1,5001. A total of 3,466 different measures were undertaken to improve gas safety and the average cost per intervention
was £162.35 (against a target of £183.33). The most frequently requested Snterventions were for boller repairlservicing
measures12,6641 or replacement measures18021.
Funds were distributed to a total of 37 HIA delivery partners across the UK, including Care & Repair organisations, housing
associations and services within local authorities.
In addition, FILT manages a small national grant from the Charity of £5,000 which enables the HIAS in England and Scotland
which are not amongst the selected local delivery partners to apply for and access the fund, subject to the usual criteria. The
grant to Care & Repair Cymru cover5 the whole of that country.
A Trustee Review Group monitored the programme and met the delivery agency on a regular basis during the year to review
progress.

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
CASORT
A two year pilot project between the Charity and Citizens Advice Stockport, Oldham, Rochdale and Trafford Group ICASORTI
was launched on 01 April 2025. The project is a scalable model aimed at expanding awareness and resources around gas
safety in the Greater Manchester area. Total funding for the project is £150,000,. £80,000 was provided by HSE and the
Charity will provide the remaining £70,000 for the second year.
The programme will focus on three Core areas.. an education campaign to raise awareness,. grants to support servicing of gas
appliances,. and signposting and referral to existing national and local 5cheme5
The project will support 44,700 people with online and practical sUPPOrt on how to be gas safe, providing financial as515tance
to the most vulnerable people for servicing and repairing gas appliances with advice and information on accessing grants for
replacements where appropriate. 35 community or8anisations will be involved with the aims of reachin8 9,700 people with
direct support materials and 35,000 people via social media and other marketing.
Flnanclal revlew
Total income to the charitable company for the period was £594,70812023.. £520,657). Expenditure totalled £533,05612023:
£500,481), with net income of £61,65212023.. £20,176). All funds are unrestricted.
Re5erve5 policy
The General Fund is the accumulated revenue reserve and Is avallable to be spent at the discretion of the Trustees. The
Trustees have agreed that the Charity will not build substantial reserves and will use Sts income to meet the needs of
beneficiaries and as Opportunities arise to maximi5e the Charity'5 effectiveness in meeting its objects. As the charity has no
continuing obligations to set against its income, it has no formal reserves policy. The Charity's main income is received in May
each calendar year and It manages Its expenditure over the financial year (October- September).
At 30 September 2024, total reserves were £746,75012023.. £685,098).
Investment policy
The continuing oblectlve of the charity's Investment pollcy is to maximSse income In the medium term to spend for the benefit
of the charity's beneficiaries. It Is managed on behalf of the Board by the Investment Committee which meets as required. The
Investment Committee is advised as necessary on the prudent stewardship of resources and takes decisions from time to time
on the management of accumulated reserves.
Risk Management
The Trustees review the full Risk Register each year and the overall level of risk is a55es5ed a51ow.
During the year, the charity reviewed it5 financial and banking arranBements and 15 satisfied that they continue to be secure.
The charity remains assured the grants have been properly spent on their designated purposes in the interest5 of the charity's
beneficiaries.
Plans for future periods
A new Concession Agreement between the Health & Safety Executive IHSEI on behalf of Government and Capita Business
Services Limited is in effect for the period April 2025 to December 2029. The first payment the Charity will receive under the
new Concession Agreement is £540,558. Payments will be adjusted annually in line with increases in CPI lindexation based on
the rate at 30 November each yearl, the first adjustment taking place at the end of the second Contract Year. The level of
continuing income to the Charity is guaranteed until December 2029.
The Charity continues to focu5 on it5 succe55ful and proven core programmes, developing and expanding these where p055ible
into new and related areas.
Decisions on whether to continue to fund individual projects are based on outcomes presented to the Board in regular reports
during the project. Each year, the grant recipients submit a proposal and the Board decides on the basis of the application and
the succe55 of the Programme during the year whether to continue or amend the grant.

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Structure, governance and management
The charity 15 a company limited by guarantee without share capital governed by its Memorandum and Articles of Association,
incorporated in England and Wale5 on 8 September 2009 (company registration number 70126941 and registered a5 a charitv
with the Charity Commission on 5 October 2009 Icharity registration number 11319871. The period of the account5 covered by
this report is from l October 2023 to 30 September 2024.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date
of signature of the financial statements were..
Mr Christopher Campbell
Mrs Zoe Fenwick
Miss Marnie Hayward
Mr Nick Ratty
Mr Michael Ri5den
Mr Johnathan Samuel (Vice Chairl
Mr Mark Dawson
Mr Gordon Lishman CBE IChaSrl
Mr John Rowe
IAppointed 21 May 20241
IResigned 21 November 20231
Recruitment ond oppointment of trustees
The Board met on seven occasions during the year to transact the business of the charity, Includin8 an awayday session.
Each of the Charity's major projects Is overseen by small review group of Trustees who meet regularly with project managers
and provide scrutiny and feedback to Board meetings.
New Trustees are asked to $18n a declaration of willingness to serve and participate in an induction session shortly after
appointment. A pack of background reading and reference material is provided to new Trustees and important documents are
stored centrally on Share Point and are available to all Trustees. Trustees are asked periodically to identify any individual or
group training needs, which are addressed at an Awayday session or as appropriate.
Publlc Beneflt
The trustees have consldered the Charity Commission's guidance on public benefSt and are satisfied that the activities of the
charity are wholly appropriate in that context. The Charity's activities are for the benefit of the public, via the major 8rant
programmes. These programmes target people who are most vulnerable and hard to reach, with tailored message5 about
carbon monoxide and 8as safety.
The Thlnk CO programme helps to ensure that the 'trusted Intermedlarles, Ipeople who work dlrectly with those potentlally at
risk) know the symptoms and danger 5igna15 of carbon monoxide poisoning and also that they communicate those to older
and disabled people, those with long term medical conditions and others who are vulnerable.
The Charity works in partnership with Foundations Independent Living Trust IFILTI on its programme aimed at improving gas
safety in the homes of older, disabled and vulnerable people in cases of hardship and urgency.
The CASORT programme will drive the Charity's messages to the most vulnerable groups in the Greater Manchester area. The
programme will empower diverse community organisations and leader5 in advising their own communitie5, reaching more
people and specifically those who are conventionally described as "hard to reach".

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Statement ol trustees, wponslbllltles
The tru5tee5, who are a150 the director5 of Ga5 Safe Charity for the purpose ol company law, are re5pon5ible lor preparing the
Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accountin8 Standard5
(United Xin8dom Generally Accepted Accounting Practice).
Company law requires the trustees io prepare fiftanclal stsiements for each linanclal year which Bive a true and falf vlew of
the slate OF affairs of the charity and of the incomlng resources and applicèilon of fftsources, includlng the Income and
expenditure. of the charitable company for that year.
In preparing these financial statements, the trustees are required to..
select suitable accountlnE policies and then apply them consistently.
observe the methods and principles in the Charities SORP..
make ludgements and estimates that are reasonable and prudent.
state whether applicable UK Accountin8 Standards have been followed, subject to any materSal departures disclosed and
explained In the financial staiements,. and
prepafe the linanclal staiements on the 80in8 concern basis unless 11 Is Inappropriate to presume thal the charlty wlll
contlnue In operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accurac¥ ai any time the
financial position of the charity and enable them to ensure that the financial siatoments comply with the Companies Act 2006.
They are a150 responsible for safeguarding the assets of the charity and hence for t*kin8 reasonable steps for rhe Prevention
and detection ol fraud and other irre8ularlties.
The trustees. report was approved by the Trustees.
Mr Gordon Llshmèn CBE Ichalrl
Trustee
D•te: 27 June 2025

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF GAS SAFE CHARITY
I report to the trustees on my examination of the financial statements of Gas Safe Charity (the charity) for the year ended 30
September 2024.
Responsibilities and basis of report
As the trustees of the charity land also its directors for the purposes of company lawl, you are responsible for the preparation
of the financial statements in accordance with the requirements of the Companies Act 21X)6.
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the
Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity's
financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed
the Direction5 given by the Charity Commission under section 14515llbl of the Charities Act 2011.
Independent examlner's ststement
Since the charitv's gross income exceeded £250,000, the independent examiner must be a member of a body listed in section
145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination because l am a member of the
ICAEW, 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 that in any material respect..
accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006
other than any requirement that the financial statements give a true and fair view, which is not a matter considered a5
part of an independent examination; or
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 charitie5 applicable to charities preparing their financial
statements in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connection with the examlnation to which attention should be
drawn in this report in order to enable a proper understandin8 of the financial statements to be reached.
Tony Stanley ACA
Mltchell Charlesworth
Suites C, D, E & F
14th Floor, The Plaza
100 Old Hall Street
Liverpool
L3 9QJ
Date.. 30 June 2025

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Unrestricted
funds
2024
Unrestricted
funds
2023
Notes
Incorne from:
Donations and legacies
Investments
591,676
3,032
519,420
1,237
Total Income
594,708
520,657
Expendlture on:
Charltable actlvities
533,056
500,481
Total expenditure
533,056
500,481
Net Income and movement In funds
61,652
20,176
Reconclllatlon of funds:
Fund balances at l October 2023
685,098
664,922
Fund balances at 30 September 2024
746,750
685,098
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities complies with the requirement5 for an income and expenditure account under Companies
Act 2006.
All income and expenditure derive from continuing activities.

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
AS AT30 SEPTEMBER 2024
1024
2023
Notes
Currenl
Debtors
Gish at bank and in hand
12
240,000
535,933
240,000
481,519
775,933
129,1831
721,519
136.4211
Credltors: amounts lallln8 due wlthln one year
13
Net current assets
746,750
685.098
The funds of the charlty
Unrestricted funds
746,750
685,098
746,750
685,098
The company Is enlltled lo the exemptlon from the audlt ￿quIrement contaSned In sectlon 477 of the Companles Act 2rx)6. for
the year ended 30 September 2024.
The dlrector acknowledges hls responslbllliles for complyinl with the requlrements ol the Companles Act 2006 with respect to
accountini records and the preparatlon of financial statements.
The mefnbers have not required the company to obtain an audit of its financial 5tatement5 for the year in question In
accordance with seaion 476.
These flnancial siatemen15 have been prepared In accordance wllh the provlslons appllcable to companles sublea to the small
companles reglme.
The Ilnancial Siatements W￿re approved by the Irustees on 27 June 2025
Mr Gordon Llshman CBE Ichalrl
Truste•
Company regtstration number 7012694 (England and Wales)

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2024
2023
Notes
Cash flows from operating activities
Cash generated from operations
15
51,382
14,156
Investlng artlvltles
Investment income received
3,032
1,237
Net cash generated from Investlng actlvltles
3,032
1,237
Net cash used In flnancln8 actlvltles
Net increase in cash and cash equivalent5
54,414
15,393
Cash and cash equivalents at beginning of year
481,519
466,126
Cash and cash equlvalents at end of year
535,933
481,519

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accounting policies
Charity information
Gas Safe Charity is a private company limited by guarantee incorporated in En8land and Wales. The registered office is 2
Kingdom Street. London, W2 6BD.
1.1 Accounting conventlon
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act
2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP
"Accounting and Reporting by Charities: Statement of Recommended Practice applicable to tharities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021"
The charity is a Public Benefit Entity a5 defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in
these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accountin8 policies
adopted are set out below.
1.2 Golng concern
At the time of approving the financial 5tatement5, the trustees have a reasonable expectation that the charity has
adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt
the 80ing concern basis of accounting in preparin8 the financial statements.
1.3 Charitable funds
Unrestrlcted funds are avaS13ble for use at the discretlon of the trustees Sn furtherance of thelr charitable oblectlves.
Restricted funds are subject to speclftc conditlons by donors or grantors as to how they may be used. The purposes and
uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subiect to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the
amounts can be measured reliably, and it Ss probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the
donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to
donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Grants and voluntary income which are donations are recognised on accrual basis.
10-

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accountlng pollcles
(Contlnuedl
1.5 Expendlture
Expenditure is recognised once there is a legal or constructive obligation to transfer etonomic benef it to a third partvfft It
is probable that a transfer of economic beneflts will be requlred in settlement, and the amount of the obligatlon can be
measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs,
including support costs involved in undertaking each activity. Direct costs attributable to grants payable are charged to
the Statement of Flnancial Activlties when they have been approved by the Board of Trustees. Expendlture Includes anv
VAT which cannot be fully recovered, and is reported a5 part of the expenditure to which it relates.
Governance Costs relate solely to the Beneral running of the charity as opposed to management of charitable activitv.
They comprise independent examination costs, company secretarial costs and expenses incurred in relation to Trustee
meetings and activities of a governance nature.
1.6 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-term liquid investments
with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in
current liabilitie5.
1.7 F5nanclal Instrument5
The charity has elected to apply the provisions of Section 11 'Basic FSnanclal Instruments, and SectSon 12 '0ther
Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial Instruments are recognised Sn the charity's balance sheet when the charity becomes party to the contractual
provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a
legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise
the asset and settle the Ilabillty simultaneously.
Boslcfinonclal ossets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price
including transaction costs and are subsequently carried at amortised cost using the effective interest method unless
the arrangement constitutes a financing tran5a¢tion, where the tran5artion is measured at the present value of the
future receipt5 discounted at a market rate of interest. Financial assets cla55ified as receivable within one year are not
amortised.
Baslcflnanclal liabllltle5
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the
arrangement constitutes a financing transaction, where the debt instrument Is measured at the present value of the
future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not
amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations
from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they
are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently
measured at amortised Cost using the effective interest method.
11

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accountlng pollcles
(Contlnuedl
Derecognition offinancial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.
1.8 Taxatlon
The charity benefits from various exemption5 from taxation afforded by tax legislation and is not liable to corporation
tax on income or gains falling within those exemptions. The charity is not able to recover Value Added Tax. Expenditure
is recorded in the accounts inclusive of VAT.
Crltl¢al a¢¢ountlng estlmates and Judgements
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and
assumptions abotst the carrying amount of assets and liabilities that are not readily apparent from other sources. The
estimates and associated assumptions are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimate5.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
recognised In the perlod in whlch the estimate Is revlsed where the revlsion affects only that period, or In the period of
the revision and future perlods where the revision affects both current and future perlods.
No significant accounting estimates or judgements were applied in the preparing these financial statements.
Income from donatlons and le8a¢les
Unrestrlcted
funds
2024
Unrestrlcted
funds
2023
DonatSons and gifts
591,676
519,420
Income from Investments
Unre5trlcted
funds
2024
Unrestrlcted
funds
2023
Interest receivable
3,032
1,237
12-

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Expenditure on charitable activities
Charitable
artivities
Charitable
artivities
2024
2023
Dlrert costs
Foundations Independent Living Trust Grants
FILT Service fee5
Think CO Grants
275,000
33,757
191,700
275,002
33,757
157,193
500,457
465,952
Share of support and governance costs {see note 6)
Governance
32,599
34,529
533,056
500,481
Analysis by fund
Unrestricted funds
533,056
500,481
Support cost5 allocated to activities
2024
2023
Governance Costs
32,599
34,529
Analysed between:
Charitable activStSes
32,599
34,529
2024
2023
Governance costs comprlse:
Independent examiner5 fees
Legal and professional
Chairman and Trustees expenses
Insurance
Website costs
Other
3,881
24,026
2,029
413
1,320
930
3,700
27,947
634
413
1,320
515
32,599
34,529
Governance costs includes payments to the independent examiner5 of £3,88112023.'£3,7001 for independent examiners
fees and £1,83512023..£2,1001 in relation to accounts preparation.
13-

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Net movement in funds
2024
2023
The net movement in funds 15 Stated after chargingllcreditingl:
Fees payable for the independent examination of the charity's financial statements
3,881
3,700
Trustees
None of the trustees lor any persons connected with them) received any remuneration or benefits from the charitv
during the year 12023.. Nonel. Three trustees have claimed expenses to reimburse travel, accommodation and
subsistence costs £60612023..£634 paid to three trustees)
Employees
The charity had no employees during the current or prior year.
Remuneration of key management personnel
The remuneration relates to an external consultant that performs a key management
role.
2024
2023
Consultancy fees paid
20.451
25,847
10 TaxatSon
The charity is exempt from tax on income and gain5 falling within section 505 of the Taxes Act 1988 or section 252 of the
Taxation of Chargeable Gains Act 1992 to the extend that these are applied to its charitable objects.
li
Flnanclal Instruments
2024
2023
Carrylng amount of flnanclal assets
Debt instruments measured at cost
775,933
721,518
Carrying amount of flnanclal Ilabilltle5
Measured at cost
29,183
36,421
12
Debtors
2024
2023
Amounts falllng due wlthln one year:
Prepayments and accrued income
240,000
240,000
14-

GAS SAFE CHARITY
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
13
Creditors: amounts falling due withln one year
2024
2023
Trade creditors
Accruals and deferred income
2,856
26,327
15,587
20,834
29,183
36,421
14
Related party transactlons
The Health and Safety Executive IHSEI and the Provider under the Ga5 Safe Register contract - Capita Business Services
Ltd are each entitled to be member of Gas Safe Charity but have not taken up their membership. In accordance with the
Articles of Association, as far as practicable, each of HSE and Capita Business Services Ltd appoint at least one Trustee.
The Trustee for Capita Business Services Ltd is Jonathan Samuel. The HSE Trustee is Mark Dawson (appointed in May
2024, formerly John Rowe who resigned 21 November 20231. Arising from the Concession Agreement between the HSE
and Capita Busine55 Services Ltd . £569,52612023'.£509,3801 was received from Capita Business Service5 Ltd during this
year.
15 Cash generated from operatlons
2024
2023
Surplus for the year
61,652
20,176
Adjustments for:
Investment income recognised in statement of financSal activities
13,0321
11,2371
Movements in working capital:
(Decrease) in creditors
17,2381
14,7831
Cash generated from operatlons
51,382
14,156
15-