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← The Big Give Trust

2025-06-30-accounts

Double the difference

The Big Give Trust Ltd. Report of the Trustees and Financial Statements for the Financial Year ended 30 June 2025

Report of the Trustees

Reference and administrative information

Registered Company Number 07273065 Country of incorporation United Kingdom Registered Charity Number 1136547 Country of registration England and Wales

Registered office and operational address

Dragon Court, 27-29 Macklin St, London, WC2B 5LX

Trustees

Mr James A Reed CBE, CCMI, FCIPD, MBA, MA – Chairman and CEO of Reed Group Ms Isabel J Kelly BA – Founder & Principal Consultant at Profit with Purpose Mrs Lisa F Reed MA, BA – Associate Editor at The Observer New Review Mrs Nicola J Reed MFA, PGCE, BFA – Artist and Founder of Beeble

Mr Timothy L Crowther ACMA, BA – Chief Financial Officer at Reed Group

Mr Charles D Harman MA – former Vice Chairman of J.P.Morgan Cazenove, Member of Council of the University of Oxford

Ms Julie Hoegh, PhD, MA, BSc – Head of Sustainability at Garden Studios

Mr Richard A Reed LLB, MA – Indexing Specialist at RIBA (resigned 1 January 2025).

Key management personnel

Alex Day MA, BA - Managing Director Dominique Standring MSc, BA - Chief Operating officer

Bankers

Coutts & Co 440 Strand, London, WC2R OQS

Auditors

Sayer Vincent LLP Chartered Accountants and Statutory Auditor 110 Golden Lane, LONDON, EC1Y 0TG

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Introduction

The Trustees of The Big Give Trust Limited (“Big Give”, the “Charity”), who are also directors of the Charity for the purposes of the Companies Act 2006, are pleased to present their report with the financial statements of the Charity for the year ended 30 June 2025.

Reference and administrative information set out on page one forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association, the requirements of a directors’ report as required under company law, and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

About Big Give

Founded by philanthropist Sir Alec Reed in 2007, Big Give transforms generosity into lasting impact by doubling donations to good causes. From tackling global poverty to advancing gender equality, combating climate change to improving mental well-being, Big Give empowers charities to achieve more.

Our mission is straightforward: to multiply the impact of giving. As pioneers of match funding, we connect funders and the public to support impactful charities. Our innovative match funding platform makes it easy to double the difference .

Match funding is a proven “generosity multiplier”: more people give and people give more when donations are doubled. Through our match funding campaigns, we help charities reach ambitious goals and inspire others to join the movement, creating a ripple effect of positive change. Our "Champion" partners - leading trusts, foundations, corporations, highnet-worth individuals, and government bodies - provide match funding to charities aligned with their philanthropic missions.

Many charities face challenges in accessing funds and achieving a public profile. Big Give bridges this gap, offering vital support through our campaigns, free training and network creation.

Since 2008, we’ve raised over £365m for 6,762 UK-registered charities. But the work doesn’t stop here. Our goal is to raise £1 billion by 2030. It’s ambitious, but together, we can make it happen.

Objectives and activities for public benefit

The objects of the Charity are specifically restricted to the following: for the public benefit, the relief of poverty; the advancement of education; the advancement of religion; and such other charitable purposes which are exclusively charitable according to the law of England and Wales, as the Trustees may from time to time determine.

Big Give primarily, but not exclusively, furthers its charitable purposes by the making of grants to, or otherwise supporting, UK-registered charities for the benefit of the communities that these

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charities serve. Big Give’s goals are achieved by distributing income and capital to charitable causes at the Trustees' discretion through the method of match funded campaigns. Big Give runs at least six match funded campaigns throughout the year and invites charities to apply for and run their own match funded campaigns on BigGive.org.

The Trustees are confident that The Big Give Trust meets the public benefit requirements and confirm that they have taken into account the Charity Commission's general guidance on public benefit where applicable.

As in previous years, most funds received were restricted donations from Champions to be used as match funding for the Christmas Challenge, the Charity’s biggest fundraising campaign, and other match funded campaigns. Big Give’s principal source of unrestricted income is from donations (through donors leaving ’tips’ when donating), donation processing fees and unrestricted donations from our Champion partners. It is also a match funder in its own right and distributes excess unrestricted funds through the Anchor Match Fund.

Social investments

The Charity made no social investments in the year under review (2024: nil).

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Strategic report

Achievement and performance

Big Give has furthered its legal purpose through the growth of existing campaigns and the launch of new campaigns.

Big Give raised a total of £67.3m through its match funded campaigns for the year ended 30 June 2025 (2024: £52.1m), attracting 2.2m visits to BigGive.org, a 33% increase on the previous year (2024: 1.7m).

The match funded campaigns yielded 203,245 online donations totalling £32,268,824 (2024: 160,515 and £25,052,467 respectively). These donations were matched thanks to the generosity of our Champions and of the charities’ own Pledgers. Please see the ‘Financial Position’ report on pages six and seven for a breakdown of these figures.

Christmas Challenge 2024

Big Give once again ran a record-breaking Christmas Challenge, from 3 to 10 December 2024, raising a total of £44.7m for 1,267 participating charities (2024: £33.1m for 1,077 charities). Champions, including The Reed Foundation, The Childhood Trust and The Julia Rausing Trust, chose a group of charities they wished to support with their funds. By using Big Give’s pledge model of match funding, these Champions multiplied the impact of their contributions by a factor of 5.1 (2024: 5.5).

The impact of the campaign is measured on the charities participating in the campaign across three areas:

  1. Resilience: 77% of charities reported an increase in donations compared to their usual fundraising efforts and 68% of charities saw an uptick in the size of individual donations vs any comparable fundraising.

  2. Skills: 91% of charities gained confidence in online fundraising, thanks to the free marketing resources provided by Big Give, making them better equipped for the future

  3. Profile: 94% of charities reported receiving donations from new supporters for the campaign, 92% of them reported that the campaign helped develop relationships with new supporters, and 98% felt that the campaign helped to strengthen bonds with existing ones.

Green Match Fund 2025

Big Give significantly grew the Green Match fund, from 22 to 29 April 2025, raising £8.1m for 307 environmental charities (2024: £6.4m for 247 charities). Champions included the Reed Foundation, Garfield Weston Foundation and AKO Foundation. As in previous years, Big Give partnered with the Environmental Funders Network to determine which charities would be supported in the campaign.

The impact of the campaign is measured on the charities participating in the campaign across three areas:

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  1. Resilience: 69% of charities reported an increase in donations compared to their usual fundraising efforts and 65% of charities saw an uptick in the size of individual donations vs any comparable fundraising.

  2. Skills: 93% of charities gained confidence in online fundraising, thanks to the free marketing resources provided by Big Give, making them better equipped for the future

  3. Profile: 94% of charities reported receiving donations from new supporters for the campaign, 68% reported an increase in their profile, 31% of donations were estimated to be from new supporters.

New match funded campaigns

We launched a new campaign in January 2025 for Small Charity Week in partnership with Global Media’s “Make Some Noise” appeal and the National Council for Voluntary Organisations (NCVO). This campaign ran alongside NCVO’s Small Charity Week, supporting charities with income between £5k and £1m, and greatly benefited from publicity from Global’s network of radio stations, such as LBC, Capital and Heart. This campaign was the first time that Big Give invited UK-registered charities with an income of less than £25k to participate in Big Give campaigns. The campaign raised £1.8m for 189 small charities and we are delighted with the successful start to our Small Charity Week collaboration with Global and NCVO.

Other match funded campaigns

Big Give ran other match funded campaigns throughout the year, which included:

In the year ended 30 June 2025, we also supported the Disasters Emergency Committee with two emergency match funded campaigns:

Charities running their own match-funded campaigns through BigGive.org raised £1.7m.

Monitoring achievement

As interest from funders is the main driver for growth for Big Give to achieve its purpose as a charitable organisation, the trustees regularly review the performance of the campaigns that Big Give runs. It has been established that the success of our campaigns is determined by the existence of one of the following:

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  1. an external partnership; or

  2. seed funding from a dedicated Champion.

The trustees agreed that all of our smaller campaigns (<£3 million) should be assessed in the following way:

This strategy has delivered excellent results for our newest campaigns, Arts for Impact (in partnership with Figurative Philanthropy for Arts and Culture) and Small Charity Week (with NCVO and Global’s Make Some Noise), but also two of our more established campaigns, Green Match Fund and the Women and Girls Match Fund.

Unfortunately, we were unable to find an external partner or a seed funder for Kind[2] Mind and regretfully decided to pause the Kind[2] Mind campaign for 2025.

Financial review

Financial position

The growth of Big Give’s match funded campaigns is reliant on income from external funders (“Champions”) who provide the match funds. In the year ended 30 June 2025, Champions committed £15,1m in match funds, a 23% increase on the previous year (2024: £12,275,833), which was a key driver of the success of our campaigns.

Operationally, Big Give relies on three main revenue streams - unrestricted donations from Champions, voluntary ‘tips’ made to Big Give as part of the campaign donation journey, and donation processing fees.

The funds raised through Big Give campaigns are not all recognised in Big Give’s accounts. All of the online donations, facilitated by our payments processor, Stripe, are sent directly to charity partners. In addition, match funding secured from Pledgers are also sent directly to charity partners. The table below breaks down the funds received and expended by Big Give and the funds that are received directly by the charities via the Big Give platform.

2025 2024 Variance
Unrestricted Income
Unrestricted donations from Champions £223,967 £269,000 (17%)
Voluntary tips £1,039,548 £826,536 26%
Gift Aid on Champion donations and tips £180,548 £179,042 1%
Donation processing fees £652,157 £523,062 25%
Restricted Income

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Match funding from Champions, distributed by Big
Give (inc Gift Aid)		 £11,449,039 £8,532,056 34%
Match funding from Champions, distributed by
Champions		 £3,560,051 £2,752,955 29%
Funds sent directly to charities
Online donations + Gift Aid £37,075,773 £28,590,791 30%
Pledges + Gift Aid £14,648,398 £12,351,666 19%

Our campaign performance against the previous year is summarised in the table below. The significant growth of the Christmas Challenge, Green Match Fund and Women and Girls Match fund more than offset the reductions in campaign size of Arts for Impact and Champions for Children.

2025 2024 Variance
Christmas Challenge £44,764,543 £33,015,078 36%
Green Match Fund £8,173,257 £6,401,516 28%
Champions for Children £4,475,759 £5,057,831 (12%)
Arts for Impact £2,753,817 £2,876,135 (4%)
Women & Girls £2,169,027 £1,235,469 76%
Small Charity Week £1,839,739 - -
Emergency campaigns £1,348,219 £1,260 106944%
Charities running own campaigns £1,739,801 £1,683,725 3%
Kind2Mind - £2,172,115 -
Total £67,264,162 £52,443,128 28%

In summary, Big Give has had a successful year and maintains a strong financial position.

Investment policy and objectives

In the year ended 30 June 2025, Big Give invested £2,000,000 in a three month fixed-term money market account, with a gross annual interest rate of 3.64%, managed by Coutts Bank. This earned £12,366 in three months. (2024: nil).

Reserves policy

The Trustees have considered the requirements of the Charity and its reserves. The balance of reserves comprises two parts: unrestricted reserves to cover the administrative expenses incurred by the Charity; and restricted reserves, which relate to donations received for distribution to other charitable activities. These are separately disclosed on the statement of financial activities on page 19.

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The reserves policy states that reserves are needed to cover any unforeseen reduction in income and/or increase in expenditure and to deal with the short-term shortfalls in cash flow due to the seasonality of Big Give's income. The Trustees consider unrestricted reserves of six months of core costs, circa £600,000, to be the optimum level.

At year's end, the Charity held free unrestricted reserves of £636,553, including designated funds (2024: £692,992), and restricted reserves of £1,162,203 (2024: £1,191,304).

When the reserves exceed the stated threshold, the Trustees may allocate excess reserves to a Designated Fund ("Anchor Match Fund" or “AMF”). The Anchor Match Fund has two purposes:

In the financial year ended 30 June 2025, the charity had designated funds totalling £146,764. More details can be found in note 15a to the accounts.

After making allowance for any restricted funds, and the amount of designations, commitments (not provided for as a liability in the accounts) or the carrying amount of functional assets which the Charity considers to represent a commitment of the reserves they hold, the amount of reserves the Charity holds at 30 June 2025 is £489,789.

Principal risks and uncertainties

The Charity’s Trustees regularly review and assess risks faced by Big Give in all areas of its work and plan for the management of those risks to ensure the Charity achieves its k ~~ey objectives~~ and safeguards its funds, assets, and reputation.

Risks are identified using the Charity’s risk register, which covers all areas of ~~the Charity's~~ operations and steps to mitigate the risk. The register covers areas including f ~~inance, staff,~~ fundraising activities, governance, data (including data protection) and operations (including contracts and suppliers).

The principal financial risk faced by Big Give lies in the ability of the Charity to maintain the growth of income from grants, donations, and fees. Big Give has bucked the trend of declining donations, but the trustees nevertheless regularly review the approach taken by the Charity to maximise such income. Part of the strategy to continue finding new Champions is through the work of its ambassadors and building relationships with wealth advisors. The risk is rated as ‘medium’ by the trustees.

As a very small organisation with a large impact, Big Give relies heavily on the dedication and hard work of its small development team and the robustness of its technology stack. The strategy for managing this risk is to provide as many upskilling opportunities for the existing tech team and build a network of consultants and partners that can support Big Give as required.

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The senior leadership and trustees keep a list of key strategic projects under review and have a 12 month technology roadmap to ensure that the team is appropriately skilled for the needs of the Charity. The risk is rated as ‘medium’ by the trustees.

Appropriate controls are also in place, providing reasonable assurance to prevent and detect fraud and manage and mitigate risks.

Fundraising activities

Big Give does not use professional fundraisers or commercial participators to raise funds, but works with networks of funders and wealth advisors to find new Champions.

Big Give is regulated by the Fundraising Regulator and is compliant with the Fundraising Code of Practice.

Big Give prides itself on maintaining secure technology and anti-fraud systems to protect donors and charities from being defrauded. This includes due diligence performed on all charities that fundraise on the Big Give platform, fraud-prevention measures in our payment processing functionality and robust anti-money laundering and counter-terrorism policies that are regularly reviewed by the trustees.

Future plans

In 2021, Big Give set itself the goal of raising £1 billion for charitable causes by 2030, which requires a 25% year on year growth each year to achieve. The trustees are pleased to report that Big Give is on track for this goal, having achieved an average 25% year on year growth since this target was set, with a 28% growth rate achieved in the financial year 2025 (2024: 20%). The achievement of this aim will ensure that we can help double the impact of charities in the UK and internationally.

In the coming year, we aim to achieve this goal through a focus on growth in existing campaigns and through the launch of new campaigns and products. An example of our ambition is in our focus on the Earth Raise campaign for 2026, which we believe Earth Raise can become the seminal environmental fundraising campaign in the UK and, in time, globally.

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Structure, governance and management

Governance

The organisation is a charitable company limited by guarantee, incorporated on 3 June 2010 and registered as a charity on 23 June 2010.

The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association. The Trustees are members of the Management Committee.

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

Big Give recognises that an effective, independent board is essential for the achievement of its objectives. The Trustees must have the necessary skills, knowledge, and experience to govern the Charity effectively and set its strategic vision.

The current Trustees have a broad cross-section of skills and experience and interact with Big Give from the perspectives of its three primary customer groups: charities, donors and Champions.

Big Give holds three board meetings each year where the trustees agree the broad strategy, review KPIs and areas of activity for the Charity, including consideration of income generation, campaign performance and risk management, policies and designations to the Anchor Match Fund.

The responsibility of delivering Big Give’s strategic aims is delegated to the Managing Director.

Recruitment and appointment of new Trustees

Trustees are appointed to the Charity’s board when vacancies arise, either through the identification of knowledge gaps or because of resignations. New trustees may be sought through invitation and primarily through existing networks.

On appointment, new trustees sign a trustee declaration statement confirming their eligibility to be a trustee. Big Give undertakes induction for training of new Trustees based on Charity Commission guidance. This includes a meeting with the Managing Director to introduce Big Give’s strategy, risks and performance indicators, and the role of the trustees.

Organisational structure

By the end of the year ended 30 June 2025, there were ten members of staff (2024: ten) who co-ordinate all fundraising and associated activities for the Charity. The Managing Director reports to the Board of Trustees.

Key management remuneration

The trustees consider the board of trustees, the Managing Director and the Chief Operating Officer as comprising the key management personnel of the charity in charge of directing and

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controlling the charity and running and operating the charity on a day to day basis. All trustees give of their time freely and no trustee remuneration was paid in the year. Details of trustee expenses and related party transactions are disclosed in Notes 7 and 9 to the accounts.

Trustees are required to disclose all relevant interests and register them with the Managing Director and, in accordance with the Trust’s policy, withdraw from decisions where a conflict of interest arises.

The Board of Trustees oversees the remuneration of key management personnel, ensuring that pay decisions are independent and free from conflicts of interest. Big Give undertakes regular benchmarking exercises, comparing salaries against relevant sector and geographic norms to ensure competitiveness while upholding the principles of charitable stewardship. Details of key management remuneration arrangements, including the total remuneration paid, are disclosed in the notes to the financial statements, on page 28.

Related parties

Trustees James Reed, Nicola Reed and Lisa Reed are members of the Reed family and hold shares in Reed Global Limited, the parent company of the Reed group. James Reed and Timothy Crowther are both directors of Reed Global Limited and of various companies within the Reed group.

In the year ended 30 June 2025, the Charity received donations from:

Reed Online Limited, a subsidiary of the Reed group, provides office space and support services to the Charity at no charge.

Reed Specialist Recruitment, a subsidiary of the Reed group, provides accounting services to the Charity at a subsidised rate.

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Statement of Trustees' responsibilities for the year ended 30 June 2025

The trustees (who are also directors of The Big Give Trust for the purposes of company law) are responsible for preparing the trustees’ annual report including the strategic 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 year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 30 June 2025 was 0 (2024: 0). The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

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Sayer Vincent LLP was appointed as the charitable company's auditor for the year and has expressed its willingness to continue in that capacity.

The directors’ annual report has been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.

The Report of the Trustees, approved by order of the Board of Trustees, as the company directors, on 28 January 2026 and signed on the Board's behalf by

James A Reed CBE, CCMI, FCIPD, MBA, MA - Chair of Trustees

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Independent auditor’s report to the members of The Big Give Trust Ltd.

Opinion

We have audited the financial statements of The Big Give Trust Ltd (the ‘charitable company’) for the year ended 30 June 2025 which comprise the statement of financial activities, balance sheet, statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on The Big Give Trust Ltd.'s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

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Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the trustees’ annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

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 audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

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in preparing the trustees’ annual report and from the requirement to prepare a strategic report.

Responsibilities of trustees

As explained more fully in the statement of trustees’ responsibilities set out in the trustees’ annual report, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.

Capability of the audit in detecting irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

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Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities . This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company's members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company

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and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Farrah Kitabi (Senior statutory auditor)

Date: 9 February 2026

for and on behalf of Sayer Vincent LLP, Statutory Auditor 110 Golden Lane, LONDON, EC1Y 0TG

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The Big Give Trust Ltd.

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 30 June 2025

Note
Income from:
2
3
4
5
5
6
Reconciliation of funds:
Other trading activities
Donations
Investments
Total income
Expenditure on:
Raising funds
Total expenditure
Charitable activities
Net income / (expenditure) for the year
Total funds carried forward
Transfers between funds
Net movement in funds
Total funds brought forward		 Unrestricted
£
1,505,355
652,157
50,239		 Restricted
£
11,101,368
-
-		 2025
Total
£
12,606,723
652,157
50,239		 Unrestricted
£
1,282,717
523,062
39,286		 Restricted
£
8,458,296
-
-		 2024
Total
£
9,741,013
523,062
39,286
2,207,751 11,101,368 13,309,119 1,845,065 8,458,296 10,303,361
479,713
1,250,126		 -
11,664,821		 479,713
12,914,947		 529,947
1,504,741		 -
7,875,691		 529,947
9,380,433
1,729,839 11,664,821 13,394,660 2,034,689 7,875,691 9,910,380
477,912
(534,352)		 (563,453)
534,352		 (85,541)
-		 (189,624)
19,819		 582,605
(19,819)		 392,981
-
(56,440)
692,992		 (29,101)
1,191,304		 (85,541)
1,884,296		 (169,805)
862,797		 562,786
628,518		 392,981
1,491,315
636,553 1,162,203 1,798,755 692,992 1,191,304 1,884,296

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 15a to the financial statements.

19

The Big Give Trust Ltd.

Company no. 07273065

Balance sheet

As at 30 June 2025

Note
Fixed assets:
11
Current assets:
12
Liabilities:
13
15a
Total unrestricted funds
General funds
Total charity funds
Creditors: amounts falling due within one year
Net current assets
Total net assets
Cash at bank and in hand
Tangible assets
Debtors
Restricted income funds
Unrestricted income funds:
Designated funds
The funds of the charity:		 £
91,930
1,955,725		 2025
£
4,072		 £
82,558
1,900,718		 2024
£
6,792
4,072
1,794,683		 6,792
1,877,504
2,047,655
(252,972)		 1,983,276
(105,772)
146,764
489,789		 510,115
182,878
1,798,755 1,884,296
1,162,203
636,553		 1,191,304
692,992
1,798,755 1,884,296

Approved by the trustees on 28 January 2026 and signed on their behalf by

James A Reed CBE, CCMI, FCIPD, MBA, MA - Chair of Trustees

20

The Big Give Trust Ltd.

Statement of cash flows

For the year ended 30 June 2025

Cash flows from operating activities
Net income for the reporting period
(as per the statement of financial activities)
Depreciation charges
Dividends, interest and rent from investments
(Increase) in debtors
Increase in creditors
Net cash provided by operating activities
Analysis of cash and cash equivalents and of net debt
Cash at bank and in hand
Total
Cash and cash equivalents at the end of the year
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Net cash provided by investing activities
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of fixed assets		 £
£
(85,541)
4,277
(50,239)
(9,372)
147,200
6,324
50,239
(1,557)
48,682
55,007
1,900,718
1,955,725
At 1 July
2024
Cash flows
£
£
1,900,718
55,007
2025		 £
£
(85,541)
4,277
(50,239)
(9,372)
147,200
6,324
50,239
(1,557)
48,682
55,007
1,900,718
1,955,725
At 1 July
2024
Cash flows
£
£
1,900,718
55,007
2025		 £
£
392,981
3,528
(39,286)
(8,691)
31,105
379,637
39,286
(3,769)
35,517
415,154
1,485,564
1,900,718
Other non-
cash
changes
At 30 June
2025
£
£
-
1,955,725
2024		 £
£
392,981
3,528
(39,286)
(8,691)
31,105
379,637
39,286
(3,769)
35,517
415,154
1,485,564
1,900,718
Other non-
cash
changes
At 30 June
2025
£
£
-
1,955,725
2024
6,324
48,682		 379,637
35,517
At 1 July
2024
£
1,900,718		 Other non-
cash
changes
£
-
55,007
1,900,718		 415,154
1,485,564
1,955,725 1,900,718

Cash flows
£
55,007
At 30 June
2025
£
1,955,725
1,900,718 55,007 - 1,955,725

21

The Big Give Trust Ltd.

Notes to the financial statements

For the year ended 30 June 2025

The Big Give Trust Ltd. is a charitable company limited by guarantee and is incorporated in the United Kingdom.

The registered office address is The Big Give Trust Ltd, Dragon Court, 27-29 Macklin Street, London, WC2B 5LX.

b) Basis of preparation

The financial statements have been prepared in accordance with 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) - (Charities SORP FRS 102), The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

In applying the financial reporting framework, the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.

c) Public benefit entity

The charity meets the definition of a public benefit entity under FRS 102.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

d) Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern as explained in detail in the Trustee Annual Report.

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Data processing fees recorded in other trading activities are recorded net of VAT.

f) Donations of gifts, services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

22

The Big Give Trust Ltd.

Notes to the financial statements

For the year ended 30 June 2025

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

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

i) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on the following basis which are an estimate, based on staff time, of the amount attributable to each activity.

Where information about the aims, objectives and projects of the charity is provided to potential beneficiaries, the costs associated with this publicity are allocated to charitable expenditure.

Where such information about the aims, objectives and projects of the charity is also provided to potential donors, activity costs are apportioned between fundraising and charitable activities on the basis of area of literature occupied by each activity.

Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity’s activities.

23

The Big Give Trust Ltd.

Notes to the financial statements

For the year ended 30 June 2025

k) Tangible fixed assets

Items of equipment are capitalised where the purchase price exceeds £500. Tangible assets are intitially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use.

Where fixed assets have been revalued, any excess between the revalued amount and the historic cost of the asset will be shown as a revaluation reserve in the balance sheet.

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

33%

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

m) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term 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.

n) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, where there is a legally enforecable 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 liability simultaneously.

p) Pensions

The Big Give Trust offer staff a direct contribution pension which is provided by Scottish windows.

24

The Big Give Trust Ltd.

Notes to the financial statements

For the year ended 30 June 2025

Income from donations
Donations
Christmas Challenge
Green Match Fund
Arts for Impact
Kind2Mind
Women & Girls Match Fund
Champions for Children
Emergency Matched Fund
Small Charity Week
Sponsorship
Gifts in Kind
Other		 Unrestricted
£
1,472,595
-
-
-
-
-
-
-
-
-
32,760
-		 £
-
6,126,432
2,455,794
1,079,575
-
1,040,000
50,000
193,750
145,000
36,000
-
(25,182)
Restricted		 2025
Total
£
1,472,595
6,126,432
2,455,794
1,079,575
-
1,040,000
50,000
193,750
145,000
36,000
32,760
(25,182)		 Unrestricted
£
1,282,717
-
-
-
-
-
-
-
-
-
-
-		 £
-
3,936,068
1,904,135
1,281,075
687,340
582,678
67,000
-
-
-
-
-
Restricted		 2024
Total
£
1,282,717
3,936,068
1,904,135
1,281,075
687,340
582,678
67,000
-
-
-
-
-
1,505,355 11,101,368 12,606,723 1,282,717 8,458,296 9,741,013

Gifts in Kind relate to support provided by Reed.

Other income relates to overclaimed gift aid for the Ukraine appeal.

Donation processing fees Unrestricted
£
652,157		 £
-
Restricted		 2025
Total
£
652,157		 Unrestricted
£
523,062		 £
-
Restricted		 2024
Total
£
523,062
652,157 - 652,157 523,062 - 523,062
Income from investments
Deposit account interest Unrestricted
£
50,239		 £
-
Restricted		 2025
Total
£
50,239		 Unrestricted
£
39,286		 £
-
Restricted		 2024
Total
£
39,286
50,239 - 50,239 39,286 - 39,286

25

The Big Give Trust Ltd.

Notes to the financial statements

For the year ended 30 June 2025

5a Analysis of expenditure (current year)

Staff costs (Note 7)
Charitable donations
Marketing and PR
Fundraising expenses
IT expenses
Website development
Website maintenance
Legal and professional fees
Audit and accountancy
Office expenses
Insurance
Stripe fees
Depreciation
Bank charges
Support costs
Governance costs
Total expenditure 2025
Total expenditure 2024		 Raising
funds
£
152,932
-
224,835
7,586
-
49,308
22,830
-
-
-
-
-
-
-
457,491
20,278
1,945
479,713
529,947		 Charitable
activities
£
458,795
11,857,884
-
-
-
-
-
-
-
-
-
-
-
-
12,316,679
545,917
52,351
12,914,947
9,380,433		 Governance
costs
£
26,763
-
-
-
-
-
-
3,089
24,444
-
-
-
-
-
54,296
-
(54,296)
-
-		 Support
costs
£
76,466
-
-
-
30,021
-
-
32,760
-
25,609
3,780
391,509
4,277
1,773
566,195
(566,195)
-
-
-		 2025
Total
£
714,955
11,857,884
224,835
7,586
30,021
49,308
22,830
35,849
24,444
25,609
3,780
391,509
4,277
1,773
13,394,660
-
-
13,394,660		 2024
Total
£
616,092
8,482,610
304,948
14,798
36,001
41,483
8,549
5,335
18,627
61,535
5,450
308,608
3,528
2,816
9,910,380
-
-
9,910,380

26

The Big Give Trust Ltd.

Notes to the financial statements

For the year ended 30 June 2025

5b Analysis of expenditure (prior year)

Staff costs (Note 7)
Charitable donations
Marketing and PR
Fundraising expenses
IT expenses
Website development
Website maintenance
Legal and professional fees
Audit and accountancy
Office expenses
Insurance
Stripe fees
Depreciation
Bank charges
Support costs
Governance costs
Total expenditure 2024		 Raising funds
£
131,782
-
304,948
14,798
-
41,483
8,549
-
-
-
-
-
-
-
501,560
25,874
2,513
529,947		 Charitable
activities
£
395,346
8,482,610
-
-
-
-
-
-
-
-
-
-
-
-
8,877,956
457,986
44,490
9,380,433		 Governance
costs
£
23,042
-
-
-
-
-
-
5,335
18,627
-
-
-
-
-
47,004
-
(47,004)
-		 Support costs
2024 Total
£
£
65,922
616,092
-
8,482,610
-
304,948
-
14,798
36,001
36,001
-
41,483
-
8,549
-
5,335
-
18,627
61,535
61,535
5,450
5,450
308,608
308,608
3,528
3,528
2,816
2,816
483,860
9,910,380
(483,860)
-
-
-
-
9,910,380

27

The Big Give Trust Ltd.

Notes to the financial statements

For the year ended 30 June 2025

This is stated after charging / (crediting):

This is stated after charging / (crediting):
2025 2024
£ £
Depreciation - owned assets 4,277 3,528
Auditor's remuneration (excluding VAT):
Audit 13,400 8,253
Other services 4,525 -

7 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:

Staff costs were as follows:
Wages and salaries
Social security costs
Other pension costs		 2025
£
628,333
75,051
11,571		 2024
£
548,996
55,750
11,346
714,955 616,092

The following number of employees received employee benefits (excluding employer pension costs and employer's national insurance) during the year between:

national insurance) during the year between:
2025 2024
No. No.
£60,000 - £70,000 1 3
£70,000 - £80,000 1 -
£80,000 - £90,000 1 -
£100,000 - £110,000 1 1

The total employee benefits (including pension contributions and employer's national insurance) of the key management personnel were £212,577 (2024: £187,841).

The charity trustees were neither paid nor received any other benefits from employment with the charity in the year (2024: £nil). No charity trustee received payment for professional or other services supplied to the charity (2024: £nil).

No trustees' expenses were claimed (2024: £nil).

8 Staff numbers

The average number of employees (head count based on number of staff employed) during the year was 10 (2024: 10).

28

The Big Give Trust Ltd.

Notes to the financial statements

For the year ended 30 June 2025

9 Related party transactions

The trustees have made donations to the Charitable Company this year in the sum of £30,569 (2024: £25,000). Donations were received from the following charities and business in which one or more of the Charitable Company's Trustees are a Trustee or a director exercising dominant influence:

2025 2024
£ £
The Reed Foundation 5,078,465 3,962,327
Ethiopiaid 80,000 100,000
Reed Educational Trust - 21,000

10 Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

11 Tangible fixed assets

Tangible fixed assets
Charge for the year
Cost
At the start of the year
At the end of the year
Net book value
At the end of the year
At the end of the year
At the start of the year
Additions in year
Depreciation
At the start of the year		 Computer
equipment
£
18,373
1,557
Total
£
18,373
1,557
19,930 19,930
11,581
4,277		 11,581
4,277
15,858 15,858
4,072 4,072
6,792 6,792

All of the above assets are used for charitable purposes.

12 Debtors

Debtors
Prepayments
Accrued income		 2025
£
55,930
36,000		 2024
£
46,360
36,198
91,930 82,558

29

The Big Give Trust Ltd.

Notes to the financial statements

For the year ended 30 June 2025

13
14a
14b
Tangible fixed assets
Analysis of net assets between funds (prior year)
Tangible fixed assets
Net current assets
Analysis of net assets between funds (current year)
Net current assets
Net assets at 30 June 2025
Social security and other taxes
VAT
Creditors: amounts falling due within one year
Trade creditors
Other creditors
Accrued expenses
Net assets at 30 June 2024		 General
unrestricted
£
4,072
485,717
Designated
£
-
146,764		 2025
£
117,598
38,580
31,469
37,384
27,941		 2024
£
4,254
33,557
28,193
39,768
-
252,972 105,772
Restricted
£
-
1,162,203		 Total funds
£
4,072
1,794,683
489,789 146,764 1,162,203 1,798,755
General
unrestricted
£
6,792
176,086
Designated
£
-
510,115		 Restricted
£
-
1,191,304		 Total funds
£
6,792
1,877,504
182,878 510,115 1,191,304 1,884,296

30

The Big Give Trust Ltd.

Notes to the financial statements

For the year ended 30 June 2025

15a Movements in funds (current year)

Total restricted funds
Total designated funds
General funds
Christmas Challenge
Green Match Fund
Women and Girls Match Fund
Kind2Mind
Arts for Impact
Champions for Children
Ukraine Humanitarian Appeal
Other
Anchor Match Fund - Christmas Challenge
Small Charity Week
Middle East Humanitarian Appeal
Unrestricted funds:
Designated funds:
Total funds
Total unrestricted funds
Sponsorship
Restricted funds:
AMF - Turkey-Syria
AMF - Kind2Mind
Anchor Match Fund		 At 1 July
2024
£
56,466
212,237
120,711
752,748
24,755
5,000
18,093
-
-
-
1,295		 Income &
gains
£
6,126,432
2,455,794
1,040,000
-
1,079,575
50,000
-
193,750
145,000
36,000
(25,182)		 Expenditure &
losses
£
(6,544,402)
(2,071,604)
(968,125)
(735,314)
(1,082,678)
(5,000)
(21,222)
(238,750)
-
-
2,274		 Transfers
£
620,319
(27,375)
(133,334)
-
50,000
(50,000)
3,129
50,000
-
-
21,613		 At 30 June
2025
£
258,814
569,052
59,252
17,434
71,652
-
-
5,000
145,000
36,000
-
1,191,304 11,101,368 (11,664,821) 534,352 1,162,203
283,546
2,531
110,672
113,366		 -
-
-
-		 (90,831)
-
-
-		 (45,951)
(2,531)
(110,672)
(113,366)		 146,764
-
-
-
510,115 - (90,831) (272,520) 146,764
182,878 2,207,751 (1,639,009) (261,832) 489,789
692,992 2,207,751 (1,729,839) (534,352) 636,553
1,884,296 13,309,119 (13,394,660) - 1,798,755

The narrative to explain the purpose of each fund is given at the foot of the note below.

31

The Big Give Trust Ltd.

Notes to the financial statements

For the year ended 30 June 2025

Total restricted funds
Total designated funds
General funds
Anchor Match Fund - Christmas Challenge
Restricted funds:
Green Match Fund
Christmas Challenge
Women and Girls Match Fund
Kind2Mind
Arts for Impact
Champions for Children
Ukraine Humanitarian Appeal
Other
DEC Kakhovka dam collapse
AMF - Kind2Mind
AMF - Turkey-Syria
Unrestricted funds:
Designated funds:
Anchor Match Fund
Total unrestricted funds
Total funds		 At 1 July
2023
£
259,475
146,120
86,414
54,553
-
5,000
55,000
18,093
3,864
Income &
gains
£
3,936,068
1,904,135
582,678
687,340
1,281,075
67,000
-
-
-
Expenditure &
losses
£
(4,076,889)
(1,856,538)
(548,381)
(12,995)
(1,256,320)
(67,000)
(55,000)
-
(2,569)
Transfers
£
(62,188)
18,520
-
23,849
-
-
-
-
-		 At 30 June
2024
£
56,466
212,237
120,711
752,748
24,755
5,000
-
18,093
1,295
628,518 8,458,296 (7,875,691) (19,819) 1,191,304
-
-
110,672
5,375		 -
2,531
-
-		 (66,454)
-
-
(411,828)		 350,000
-
-
519,819		 283,546
2,531
110,672
113,366
116,047 2,531 (478,282) 869,819 510,115
746,750 1,842,534 (1,556,407) (850,000) 182,878
862,797 1,845,065 (2,034,689) 19,819 692,992
1,491,315 10,303,361 (9,910,380) - 1,884,296

Purposes of restricted funds

Christmas Challenge

This is a match funded campaign held annually, starting on Giving Tuesday. The income held in this fund is from donations made by our Champions and paid out to charities that have participated in that year's campaign, according to their performances. Surplus funds are either refunded to the donor or rolled over to the next year with written consent from the donor.

Green Match Fund

This is a match funded campaign for environmental charities that is held annually around Earth Day. The income held in this fund is from donations made by our Champions and paid out to charities that have participated in that year's campaign, according to their performances. Surplus funds are either refunded to the donor or rolled over to the next year with written consent from the donor.

Women and Girls Match Fund

This is a match funded campaign for charities 'by and for' women and girls, currently held around International Day of the Girl every year. The income held in this fund is from donations made by our Champions and paid out to charities that have participated in that year's campaign, according to their performance. Surplus funds are either refunded to the donor or rolled over to the next year with written consent from the donor.

32

The Big Give Trust Ltd.

Notes to the financial statements

For the year ended 30 June 2025

Kind2Mind

This is a match funded campaign for charities whose work focuses on mental health, currently held around Mental Health Week every year. The income held in this fund is from donations made by our Champions and paid out to charities that have participated in that year's campaign, according to their performance. Surplus funds are either refunded to the donor or rolled over to the next year with written consent from the donor.

Arts for Impact

This is a match funded campaign for UK-based charities that deliver social impact through arts and culture. Arts for Impact 2024 was our inaugural campaign, held in March each year. The income held in this fund is from donations made by our Champions and paid out to charities that have participated in that year's campaign, according to their performance. Surplus funds are either refunded to the donor or rolled over to the next year with written consent from the donor.

Champions for Children

This is a match funded campaign for charities whose work focuses on childhood povert in London. It runs every year in June and is ran by The Childhood Trust. Champion Funds are not collected by Big Given for this campaign but are paid out directly by The Childhood Trust based on the charities' performance in the campaign.

DEC Kakhovka dam collapse - This was a one-off emergency match-funded campaign supporting Disasters Emergency Committee in raising money to provide disaster relief to those affected by the Kakhovka Dam collapse. The income held in this fund was from one donor and was paid out to DEC at the end of the campaign.

Ukraine Humanitarian Appeal

This was a one-off emergency match funded campaign supporting the DEC in raising money to rovide humanitarian relief to those affected by the Ukraine war. The income held in this fund was from donations made by our Champions and paid out in full to DEC at the end of the campaign.

Middle East Humanitarian Appeal

This was a one-off emergency match funded campaign supporting the DEC in raising money to rovide humanitarian relief to those affected by the conflict in Gaza and Lebanon. The income held in this fund was from donations made by our Champions and paid out in full to DEC at the end of the campaign.

Small Charity Week - This is a match funded campaign for small charities (under £1 million), run in partnership with Global's Make Some Noise and NCVO. The inaugeral campaign was held in June 2025. The income held in this fund is from donations made by our Champions and paid out to charities that have participated in that year's campaign, according to their performance. Surplus funds are either refunded to the donor or rolled over to the next year with written consent from the donor.

Purposes of designated funds

Anchor Match Fund

Each year, the Trustees designate a portion of its unrestricted income to the Anchor Match Fund. This allows Big Give to make match funding grants to charities who run their own campaigns through our platform.

Anchor Match Fund - Kind2Mind

For the first time, the Trustees designate a portion of the unrestricted income as match funds for charities participating in the Kind2Mind campaign.

Anchor Match Fund - The Christmas Challenge

Each year, the trustees designate a portion of its unrestricted income as match funds for charities particiating in The Chistmas Challenge.

Transfers:

All big value transfers are to 'reimburse' the restricted funds with the Anchor Match Fund expenditure for Big Give. For context, we act as a match funder for our campaigns, using our designated Anchor Match Fund. The trustees designate an amount before the campaign and then after the campaign we calculate how much was used.

33

The Big Give Trust Ltd.

Notes to the financial statements

For the year ended 30 June 2025

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

34