Registered�Charity�No.�1140638� Company�No.�07471547 

## GIFT�OF�LIFE 

ANNUAL�REPORT�OF�THE�TRUSTEES�AND�FINANCIAL�STATEMENTS� 

FOR�THE�YEAR�ENDED�31�MARCH�2025� 



## GIFT�OF�LIFE� 

## CONTENTS�� 

||Page|
|---|---|
|AnnualReportoftheTrustees|1-7|
|IndependentExaminers’Report|8|
|StatementofFinancialActivities|9|
|StatementofFinancialPosition|10|
|StatementofCashFlows|11|
|NotestotheFinancialStatements|12-18|





Page�1� 

## GIFT�OF�LIFE� 

## ANNUAL�REPORT�OF�THE�TRUSTEES� 

## FOR�THE�YEAR�ENDED�31�MARCH�2025� 

The�Trustees�of�Gift�of�Life�(“the�Charity”)�present�their�report�and�the�financial�statements�for�the�year�ended�31� March�2025.�� 

The�financial�statements�comply�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)�(effective�1�January�2015).�� 

## 1. REFERENCE�AND�ADMINISTRATIVE�DETAILS� 

Gift�of�Life,�registered�charity�number�1140638�and�company�number�07471547,�is�based�and�administrated�in�the� United�Kingdom.�The�registered�office�is�C/O�Russell-Cooke�LLP,�2�Putney�Hill,�London,�SW15�6AB.� 

Website�– www.giftoflife.eu 

## Trustees�and�Directors� 

The�names�of�the�Trustees,�who�are�also�the�directors�for�the�purposes�of�company�law,�who�served�during�the� period�and�subsequently�are:� 

## Trustees�and�Directors� 

- Simon�Paul�Jennings�(Chairman)� 

- Vadim�Levin�� 

- Elena�Lileeva�(resigned�14/11/2025)� 

- Svetlana�London�(resigned�15/04/2025)� 

- Aleksandra�Vereshchetina�(appointed�02/05/2025)� 

## Bankers:�� 

Emerald�Financial�Group�(UK)�Ltd,�1�King�Street,�London,�EC2V�8AU� 

## Independent�Examiners:� 

Hawsons�Chartered�Accountants�-�Jubilee�House,�32�Duncan�Close,�Moulton�Park,�Northampton,�NN3�6WL� 

## Solicitors:� 

Russell-Cooke�Solicitors�LLP�–�2�Putney�Hill,�London,�SW15�6AB� 

## 2. STRUCTURE,�GOVERNANCE�AND�MANAGEMENT� 

Gift�of�Life�is�a�company�limited�by�guarantee�governed�by�its�Memorandum�and�Articles�of�Association�dated�16� December�2010�(updated�in�May�2024)�and�is�registered�as�a�charity�with�the�Charity�Commission.� 

The�Trustees�aim�to�meet�at�least�three�times�a�year�in�person�or�by�way�of�a�virtual�meeting�to�discuss� appointments,�resignations,�strategic�goals�and�proposals.�All�grants�are�approved�by�circular�resolution.�� 

The�number�of�trustees�shall�be�a�minimum�of�three�at�any�one�time�and�new�trustees�shall�be�appointed�by�way�of� a�resolution�approved�by�existing�trustees.� 



Page�2� 

GIFT�OF�LIFE� 

ANNUAL�REPORT�OF�THE�TRUSTEES� 

FOR�THE�YEAR�ENDED�31�MARCH�2025� 

## Induction�and�Training� 

Should�new�trustees�be�appointed,�a�formal�induction�process�will�be�conducted�by�the�Trustees.�Other�trustee� training�is�undertaken�as�and�when�appropriate.�All�trustees�are�kept�informed�of�their�duties�and�responsibilities� under�the�law�and�are�aware�of�their�obligations�with�regard�to�reporting�and�proper�conduct. 

## Related�Parties�� 

No�trustees�have�been�paid�remuneration�or�have�received�other�benefits�from�an�employment�with�the�charity.� Any�transaction�between�the�Charity�and�related�parties�must�be�approved�by�the�Trustees.�� 

## Pay�policy�for�staff�� 

The�Trustees�comprise�the�key�management�personnel�of�the�charity�in�charge�of�directing�and�controlling�the� charity.�The�day�to�day�running�and�operations�of�the�Charity�are�delegated�to�the�administrative�staff�who�work�in� collaboration�with�the�Chairman.�� 

The�pay�of�the�staff�reflects�the�level�of�responsibilities�and�skill�set�required.�The�pay�is�reviewed�annually.�� 

## Trustees’�Responsibilities�Statement�� 

The�Trustees�(who�are�also�directors�of�Gift�of�Life�for�the�purposes�of�company�law)�are�responsible�for�preparing� the�Trustees’�Annual�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:� 

- select�suitable�accounting�policies�and�then�apply�them�consistently;� 

- observe�the�methods�and�principles�in�the�Charities�SORP�2015�(FRS�102);� 

- make�judgements�and�estimates�that�are�reasonable�and�prudent;� 

- state�whether�applicable�UK�Accounting�Standards�have�been�followed,�subject�to�any�material� departures�disclosed�and�explained�in�the�financial�statements;� 

- prepare�the�financial�statements�on�the�going�concern�basis�unless�it�is�inappropriate�to�presume� that�the�charitable�company�will�continue�in�operation.� 

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:� 

- there�is�no�relevant�information�of�which�the�charitable�company’s�independent�examiner�is�unaware;�and� 

- the�Trustees�have�taken�all�steps�that�they�ought�to�have�taken�to�make�themselves�aware�of�any�relevant� information�and�to�establish�that�the�independent�examiner�is�aware�of�that�information.� 



Page�3� 

GIFT�OF�LIFE� 

ANNUAL�REPORT�OF�THE�TRUSTEES� FOR�THE�YEAR�ENDED�31�MARCH�2025� 

## Internal�Controls�� 

The�Trustees�are�ultimately�responsible�for�ensuring�the�Charity�has�robust�internal�control�systems.�They�are�also� obligated�to�maintain�accurate�accounting�records�that�reflect�the�Charity's�financial�position�and�enable�the� preparation�of�financial�statements�compliant�with�the�current�regulations�such�as�the�Companies�Act�2006.� 

To�safeguard�the�Charity's�assets,�the�Trustees�take�reasonable�steps�to�detect�and�prevent�possible�fraud�or�other� irregularities.�They�are�also�responsible�for�establishing�and�implementing�a�due�diligence�policy�for�significant� donors�and�contributors.� 

The�internal�control�systems�are�designed�to�provide�reasonable�assurance�against�material�misstatement,�loss,�or� damage�to�the�Charity's�reputation.� 

## Use�of�external�services� 

The�Charity�outsources�its�bookkeeping�services�to�a�freelance�bookkeeper�who�works�closely�with�the�Chairman� and�the�administrative�team.� 

## Risk�Management� 

The�Trustees�are�responsible�for�implementing�a�robust�risk�assessment�and�control�framework.�This�includes� identifying�and�preventing�financial�irregularities�by:� 

- Ensuring�the�internal�control�system�safeguards�against�unauthorised�use�or�disposal�of�funds.� 

- Maintaining�accurate�records�and�ensuring�the�reliability�of�financial�information.� 

- Adhering�to�relevant�laws�and�regulations,�including�Financial�Sanctions�regulations.� 

- Conducting�annual�risk�assessments�and�implementing�mitigation�strategies.� 

- Considering�the�impact�of�risks�when�approving�expenditure�plans�and�budgets�and�updating�the�reserves� policy.� 

The�execution�of�the�Charity's�vital�programme�work,�which�benefits�young�cancer�patients�from�the�CIS�region,� continues�to�be�significantly�constrained�by�global�financial�instability�and�ongoing�geopolitical�tensions.�This� challenging�operating�environment,�marked�by�unstable�currency�exchange�rates�and�the�far-reaching�effects�of� sanctions�restrictions�on�logistics,�profoundly�affects�procurement.�Specifically,�the�resulting�inability�of�local� paediatric�clinics�to�directly�purchase�certain�cancer�medications�from�EU�suppliers�remains�a�serious�operational� challenge.�As�a�trusted�and�indispensable�partner,�the�Charity�has�maintained�its�role�as�a�critical�supporter,� ensuring�the�procurement�and�delivery�of�these�essential,�life-saving�medicines�and�treatments.� 

To�comply�with�sanctions�regulations�and�mitigate�reputational�risks,�the�Charity�seeks�legal�advice�in�uncertain� situations.�The�Charity�also�conducts�due�diligence�checks�on�significant�donations�to�ensure�compliance�with� medical�purposes�and�eligibility�criteria.� 

To�mitigate�various�risks,�the�Charity�maintains�annual�insurance�coverage�for�Trustee�indemnity,�public�liability,� product�liability,�and�employer's�liability.� 

## 3. OBJECTIVES�AND�ACTIVITIES�FOR�THE�PUBLIC�BENEFIT�� 

The�Trustees�are�aware�of�the�Charity�Commission�guidance�on�Public�Benefit�and�confirm�that�they�have�complied� with�the�duty�in�Section�4�of�the�Charities�Act�2011�to�have�due�regard�to�it.�They�consider�the�information�which� follows�in�this�annual�report,�about�the�Charity’s�aims,�activities�and�achievements�in�the�areas�of�interest�that�the� charitable�company�supports�demonstrates�the�benefit�to�its�beneficiaries�and�through�them�to�the�Public�that� arise�from�those�activities.� 



Page�4� 

GIFT�OF�LIFE� 

## ANNUAL�REPORT�OF�THE�TRUSTEES� 

## FOR�THE�YEAR�ENDED�31�MARCH�2025� 

The�Trustees�may�use�the�income�and�the�capital�of�the�charity�in�promoting�the�objectives.��� 

## ��Objectives� 

The�objectives�of�the�charitable�company�are�as�follows:� 

- To�advance�the�physical,�mental,�psychological�and�emotional�health�of�children�and�young�adults�who�have�been� diagnosed�with�cancer,�leukaemia�or�another�serious�disease,�and�the�family�members�of�those�children�and�young� adults�including�by�establishing�or�assisting�in�establishment�of�treatment�facilities�and�other�medical�institutions� for�treatment,�rehabilitation�and�support�of�such�persons.� 

- To�relieve�children�and�young�adults�who�are�in�need,�by�reason�of�ill�health,�financial�hardship�or�other� disadvantage�arising�from�a�diagnosis�of�cancer,�leukaemia�or�another�serious�disease,�together�with�the�family� members�of�those�children�or�young�adults.�Such�relief�may�include�grants�for�medical�supplies,�consultations�and� assistance�with�travel�and�accommodation�costs�at�the�place�of�treatment�and�the�provision�of�care�and�support� prior�to,�during�and�after�treatment.� 

- To�advance�the�education�of�the�public�in�general�and�particularly�amongst�scientists�and�medical�professionals� about�cancer,�leukaemia�and�other�serious�diseases�affecting�children�and�young�adults.�This�may�involve�financial� assistance�with�training�in�the�UK�and�overseas,�the�provision�of�research�facilities,�and�grants�for�scientific�research� into�treatment,�prevention�and�cures�for�such�diseases.� 

- To�further�such�other�exclusively�charitable�purposes�according�to�the�law�of�England�and�Wales�as�the�trustees�in� their�absolute�discretion�from�time�to�time�determine.� 

## Financial�institutions� 

Since�March�2023,�Emerald�Financial�Group�(UK)�Ltd,�an�FCA-regulated�digital�payment�company,�has�been�the� Charity’s�primary�banking�and�financial�service�provider.�Emerald�Financial�Group�facilitates�the�Charity’s�daily� banking�needs,�enabling�both�domestic�and�international�payments�in�multiple�currencies.�The�Charity�remains� open�to�exploring�partnerships�with�other�reputable�UK�financial�institutions�as�needed.� 

## Grant�making�policies� 

The�Trustees’�grant�making�policy�during�the�year�has�been�to�generally�make�donations�on�behalf�of�individuals� requiring�medical�treatment.�The�individual�beneficiaries�in�the�year�have�been�children�and�young�people�from�the� CIS�countries.�It�is�expected�that�this�focus�will�continue.� 

The�grants�are�used�for�purchase�of�medicines�unavailable�in�the�CIS�countries,�particularly�in�Russia,�to�carry�out� searches�of�bone�marrow�donors�in�international�registries�and�to�advance�professional�development�of�local� paediatric�oncologists�and�scientists.� 

All�grant�applications�are�made�by�the�sister�Charity’s�team�of�managers�and�trustees,�which�includes�experts�and� specialists�in�child�haematology�and�oncology.�The�Trustees�pay�due�care�and�attention�to�ensure�that�the�work� considered�for�funding�delivers�public�benefit�as�per�the�Charity�Commission’s�guidance.� 

## Activities�and�Achievements� 

Gift�of�Life,�a�charitable�foundation�driven�by�a�humanitarian�mission,�supports�children�and�young�people�in�CIS� countries�battling�cancer�and�life-threatening�blood�disorders.�Since�2011,�it�has�ensured�access�to�the�most� advanced�and�effective�treatments�and�medications�for�its�beneficiaries.� 

Gift�of�Life�achieves�its�goals�through�several�key�programmes�that�include�procurement�of�certain�advanced� medications�unavailable�in�the�CIS�region,�facilitation�of�searches�for�bone�marrow�donors�through�international� registries,�provision�of�professional�development�and�educational�opportunities�for�local�oncologists,�physicians� and�scientists�specialising�in�paediatric�cancer.�� 



Page�5� 

GIFT�OF�LIFE� 

## ANNUAL�REPORT�OF�THE�TRUSTEES� 

## FOR�THE�YEAR�ENDED�31�MARCH�2025� 

To�maximise�the�impact�of�local�expertise,�Gift�of�Life�collaborates�with�Podari�Zhizn�(Russia's�leading�childhood� cancer�charity�since�2006)�and�Podari.Life�Inc.�(a�US-based�paediatric�cancer�charity�launched�in�2015).�Together,� these�three�charitable�foundations�work�cohesively�to�offer�children�and�young�people�in�the�CIS�region�access�to� the�most�effective�cancer�treatments�and�advanced�medicines.� 

.�� 

## 4. FINANCIAL�REVIEW� 

Incoming�Resources�� 

Incoming�resources�totalled�£711,913�for�the�year�to�31�March�2025�(£519,751�for�the�year�to�31�March�2024).� 

The�Charity’s�income�was�mainly�received�from�individual�voluntary�donations�and�fundraising�events�arranged�by� the�Charity�and�its�partners�and�supporters.� 

The�major�fundraisers�gathered�around�800�donors�and�managed�to�raise�over�£600,000�in�donations�across�all� fundraising�activities.�The�fundraisers�included:� 

- A�London�premiere�of�Healing�at�the�Theatre�Royal�Haymarket�in�January�2025� 

- Two�charity�event�screenings�of�Master�and�Margarita�in�April�and�May�2024� 

- A�charity�dinner�at�Zima�restaurant�in�October�2024� 

A�London�premiere�of�healing�at�the�Theatre�Royal�Haymarket�in�January�2025.� 

Over�800�guests�gathered�in�support�of�Gift�of�Life�to�witness�the�premiere�of�Healing,�a�compelling�play�by�Mikhail� Durnenkov,�directed�by�Elmars�Seņkovs,�and�starring�renowned�actresses�Chulpan�Khamatova�and�Yulia�Aug.� 

Among�the�distinguished�guests�supporting�Gift�of�Life�on�this�remarkable�night�were�patrons�Ralph�Fiennes�and� Lyuba�Galkina,�trustees�Svetlana�London,�Elena�Lileeva,�and�Vadim�Levin,�as�well�as�many�long-time�supporters�and� friends�of�the�charity.� 

Thanks�to�ticket�sales,�donations,�and�an�exclusive�charity�auction,�the�evening�raised�an�astounding�£600,000,� ensuring�that�children�under�Gift�of�Life’s�care�can�access�the�most�modern�and�effective�medications�and�lifesaving�treatments�they�desperately�need.� 

Two�charity�event�screenings�of�Master�and�Margarita�in�April�and�May�2024� 

During�Spring�2024,�Gift�of�Life�hosted�two�special�screenings�of�Master�and�Margarita�at�the�Curzon�Mayfair�and� Genesis�Cinema.�The�sold-out�screenings�were�well�received,�producing�over�£24,000�in�ticket�revenue�and� encouraging�a�further�£10,000�in�donations�from�supporters.� 

A�charity�dinner�at�Zima�restaurant�in�October�2024� 

Gift�of�Life�and�Zima�Restaurant�co-hosted�a�charity�dinner�with�the�charity’s�long-term�supporter�Chulpan� Khamatova.�The�restaurant�kindly�supported�the�initiative�by�donating�all�net�income�from�the�evening.�The� fundraising�results�exceeded�£11,000.� 



Page�6� 

GIFT�OF�LIFE� 

ANNUAL�REPORT�OF�THE�TRUSTEES� 

FOR�THE�YEAR�ENDED�31�MARCH�2025� 

## Charitable�activities�� 

Charitable�activities�include�direct�charitable�expenditure�and�totalled�£772,127�for�the�year�to�31�March�2025� (£494,680 for�the�year�to�31�March�2024).�The�expenditure�primarily�related�to�grants�as�detailed�above.�� 

## Result�of�the�year�� 

After�fundraising�costs,�the�charity’s�available�income�was�£657,939�(£487,823�for�the�year�to�31�March�2024)�with� the�deficit�for�the�year�being�£60,214�(£25,071�surplus�for�the�year�to�31�March�2024).� 

## Financial�position�� 

The�Trustees�consider�that�the�financial�position�of�the�Charity�as�at�the�year-end�is�satisfactory,�with�unrestricted� reserves�of�£756,265�(2024:�£816,479)�and�cash�of�£749,553�(2024:�£781,184).������������� 

## Going�concern� 

The�Charity�is�a�UK�charitable�foundation�helping�children�and�young�people�in�need�beat�cancer�and�lifethreatening�blood�disorders.�It�has�been�providing�young�cancer�patients�from�the�CIS�countries�with�the�most� effective�medical�care�and�support�since�2011.�Its�primary�focus�is�procuring�rare�and�expensive�cancer�medications� from�EU�suppliers,�primarily�based�in�Germany.�The�Charity's�operations�rely�heavily�on�voluntary�donations.� 

To�ensure�robust�financial�stability,�the�Charity�maintains�a�rigorous�approach�to�financial�management,�which� includes�the�prudent�control�of�administrative�and�operational�costs.�A�core�component�of�this�strategy�is�the� maintenance�of�a�reserve�fund�designed�to�cover�a�minimum�of�four�months�of�fixed�operating�expenses.� Furthermore,�when�planning�and�executing�physical�fundraising�events,�the�Charity�actively�seeks�sponsorships�to� effectively�offset�significant�production�expenditures.�The�overall�working�budget�is�subject�to�monthly�review�and� adjustment�to�proactively�adapt�to�economic�fluctuations�and�potential�fundraising�challenges.� 

In�anticipation�of�potential�economic�downturns�and�a�possible�reduction�in�charitable�donations,�the�Charity�has� an�established�approach�to�keep�programme�expenses�under�strict�control.�Crucially,�the�approval�for�funding�each� medical�case�is�subject�to�an�individual�assessment�and�is�granted�contingent�upon�the�availability�of�funds.� 

Based�on�the�current�level�of�cash�reserves�and�the�commitment�to�a�conservative�spending�approach,�the�Trustees� are�confident�that�the�Charity�will�remain�fully�operational�for�the�next�12�months.�Consequently,�the�going� concern�basis�has�been�appropriately�adopted�for�the�preparation�of�these�financial�statements.� 

## Reserves�Policy�� 

The�Charity's�current�financial�position�is�sound,�with�sufficient�resources�to�cover�all�pending�obligations�and� financial�requests.�All�unrestricted�reserves�are�considered�free�reserves�and�will�be�allocated�to�support�medical� programmes�and�administrative�and�operational�costs�of�the�Charity.� 

To�ensure�financial�stability,�the�Trustees�are�committed�to�maintaining�a�minimum�reserve�of�£35,000�to�cover� overhead�costs�for�four�months�in�the�upcoming�year.�The�reserves�policy�has�been�met�in�the�current�and�prior� year,�with�closing�reserves�totalling�£756,265�(2024:�£816,479);�being�well�above�target.�Additionally,�the�Trustees� aim�to�secure�sponsorships�to�cover�the�initial�expenses�of�upcoming�fundraising�events.�Any�projected�deficit�will� be�addressed�through�these�reserves.� 



Page�7� 

## GIFT�OF�LIFE� 

## ANNUAL�REPORT�OF�THE�TRUSTEES� 

## FOR�THE�YEAR�ENDED�31�MARCH�2025� 

## Policies�and�regulations� 

The�Trustees�are�committed�to�complying�with�relevant�legal�and�regulatory�requirements,�including�those�related� to�fundraising�and�the�charitable�objectives�outlined�in�the�Articles�of�Association.�An�amended�version�of�the� Articles�of�Association�was�implemented�in�May�2024�and�is�publicly�available�on�the�Companies�House�portal.� 

The�Trustees�and�management�team�adhere�to�guidance�from�the�Charity�Commission�and�maintain�essential� policies,�such�as�those�related�to�Anti-Money�Laundering,�Sanctions,�Due�Diligence,�Anti-Bribery,�and�AntiCorruption.�The�Trustees�maintain�a�rigorous�approach�to�regulatory�compliance,�particularly�concerning�UK� financial�sanctions.�In�situations�where�ambiguity�arises,�the�Charity�engages�extensive�legal�advice�to�safeguard� against�any�potential�infringements.�This�commitment�is�supported�by�strong�internal�control�measures�designed� to�mitigate�risk�and�uphold�the�Charity's�operational�integrity.� 

Furthermore,�the�Charity�ensures�that�its�employees�and�Trustees�are�compliant�with�the�General�Data�Protection� Regulation�(GDPR)�and�follow�the�principles�of�the�Code�of�Fundraising�Practice.� 

## 5. PLANS�FOR�THE�FUTURE 

The�Trustees�confirm�their�intention�to�maintain�the�Charity's�current�objectives�and�core�activities.�To�maximise� the�Charity's�impact�and�extend�the�benefit�to�a�greater�number�of�children�affected�by�cancer,�the�Charity�will� consider�strategic�collaborations.�This�may�involve�partnering�with�trusted�international�non-profit�organisations� and�reputable�clinics�specialising�in�oncology�and/or�paediatric�medicine�within�the�CIS�region�and�other�relevant� territories.�All�such�partnerships�will�be�pursued�only�when�they�fully�align�with�the�Charity's�core�mission�and� strategic�objectives.� 

In�the�financial�year�ending�31�March�2025,�the�Charity�successfully�secured�sufficient�funding�to�sustain�its� programme�work.�The�primary�goal�for�the�upcoming�year�is�therefore�focused�on�sustaining�charitable�income�and� uninterrupted�continuation�of�the�programme�work�for�the�benefit�of�affected�children�and�the�wider�public.�To� achieve�this,�the�Charity�will�actively�seek�to�engage�both�existing�supporters�and�cultivate�new�relationships�to� advance�our�mission�of�helping�children�beat�cancer. 


Approved�by�the�Trustees�on� 19th December 2025 

and�signed�on�their�behalf�by� 

……………………………………………….� 

Simon�Jennings� 



Page�8� 

GIFT�OF�LIFE� 

## INDEPENDENT�EXAMINERS’�REPORT�TO�THE�TRUSTEES�OF�GIFT�OF�LIFE� 

## FOR�THE�YEAR�ENDED�31�MARCH�2025� 

I�report�to�the�trustees�on�my�examination�of�the�accounts�of�Gift�of�Life�for�the�year�ended�31�March�2025,�which� comprise�the�Statement�of�Financial�Activities,�the�Balance�Sheet,�the�Cash�Flow�Statement�and�the�notes�to�the� accounts,�including�a�summary�of�significant�accounting�policies,�which�are�set�out�on�pages�12�to�18.� 

## Responsibilities�and�basis�of�report 

As�the�trustees�of�the�Charitable�Company�(and�also�the�directors�for�the�purposes�of�Company�Law),�you�are� responsible�for�the�preparation�of�the�accounts�in�accordance�with�the�requirements�of�the�Companies�Act�2006�(‘the� Act’).��� 

Having�satisfied�myself�that�the�accounts�of�the�Charitable�Company�are�not�required�to�be�audited�under�Part�16�of�the� Act�and�are�eligible�for�independent�examination,�I�report�in�respect�of�my�examination�of�the�Charity’s�accounts� carried�out�under�section�145�of�the�Charities�Act�2011�(‘the�Charities�Act’)�and�in�carrying�out�my�examination,�I�have� followed�all�the�applicable�Directions�given�by�the�Charity�Commission�under�section�145(5)(b)�of�the�Charities�Act.� 

## Independent�examiner's�statement� 

Since�the�Charitable�Company’s�gross�income�is�in�excess�of�£250,000,�your�examiner�must�be�a�member�of�a�body� listed�in�section�145�of�the�Charities�Act.�I�confirm�that�I�am�qualified�to�undertake�the�examination�because�I�am�a� member�of�The�Institute�of�Chartered�Accountants�in�England�&�Wales,�which�is�one�of�the�listed�bodies.� 

I�have�completed�my�examination.�I�confirm�that�no�material�matters�have�come�to�my�attention�in�connection�with�the� examination�giving�me�cause�to�believe�that�in�any�material�respect:�� 

- 1 accounting�records�were�not�kept�in�respect�of�the�Charitable�Company�as�required�by�section�386�of�the�Act;�or�� 

- 2 the�accounts�do�not�accord�with�those�records;�or�� 

- 3 the�accounts�do�not�comply�with�the�accounting�requirements�of�section�396�of�the�Companies�Act�other�than�any� requirement�that�the�accounts�give�a�‘true�and�fair�view’�which�is�not�a�matter�considered�as�part�of�an� independent�examination;�or� 

- 4 the�accounts�have�not�been�prepared�in�accordance�with�the�methods�and�principles�of�the�Statement�of� Recommended�Practice�for�accounting�and�reporting�by�Charities�applicable�to�Charities�preparing�their�accounts� in�accordance�with�the�Financial�Reporting�Standard�applicable�in�the�UL�and�Republic�of�Ireland�(FRS�102).� 

I�have�no�concerns�and�have�come�across�no�other�matters�in�connection�with�the�examination�to�which�attention� should�be�drawn�in�this�report�in�order�to�enable�a�proper�understanding�of�the�accounts�to�be�reached.�� 


## David�Owens�FCA� 

Hawsons�Chartered�Accountants Jubilee�House� 32�Duncan�Close� Moulton�Park� Northampton� NN3�6WL� 

19th December 2025 



Page�9� 

## GIFT�OF�LIFE� 

## STATEMENT�OF�FINANCIAL�ACTIVITIES� 

## (INCLUDING�INCOME�AND�EXPENDITURE�ACCOUNT)� 

## FOR�THE�YEAR�ENDED�31�MARCH�2025� 

||Page|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
|||31March|31March|31March|31March|
|||2025|2025|2025|2024|
|INCOMEFROM:||£|£|£|£|
|Donationsandlegacies(note2)|13|711,913|-|711,913|519,751|
|||__________|__________|__________|__________|
|Totalincome||711,913|-|711,913|519,751|
|||__________|__________|__________|__________|
|EXPENDITUREON:||||||
|Costofraisingfunds(note3)|14|(53,974)|-|(53,974)|(31,928)|
|Charitableactivities(note4)|14|(718,153)|-|(718,153)|(462,752)|
|||__________|__________|__________|__________|
|Totalexpenditure||(772,127)|-|(772,127)|(494,680)|
|||__________|__________|__________|__________|
|Net(expenditure)/income||(60,214)|-|(60,214)|25,071|
|Netmovementinfunds||(60,214)|-|(60,214)|25,071|
|Reconciliationoffunds:||||||
|Totalfundsbroughtforward|17|816,479|-|816,479|791,408|
|||__________|__________|__________|__________|
|Totalfundscarriedforward(note13)|17|756,265|-|756,265|816,479|
|||__________|__________|__________|__________|



All�of�the�above�results�are�derived�from�continuing�activities.� 

The�Statement�of�Financial�Activities�includes�all�gains�and�losses�recognised�in�the�year.�� 

The�notes�on�12-18�form�part�of�these�financial�statements.�� 

Comparatives�for�the�statement�of�financial�activities�are�included�in�note�12. 



Page�10� 

## GIFT�OF�LIFE� 

## STATEMENT�OF�FINANCIAL�POSITION� 

## FOR�THE�YEAR�ENDED�31�MARCH�2025� 

||Page|Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|Funds|Funds|
|||31March|31March|31March|31March|31March|31March|
|||2025|2025|2025|2024|2024|2024|
|CURRENTASSETS:||£|£|£|£|£|£|
|Debtors(note9)|16|15,000|-|15,000|45,594|-|45,594|
|Cashatbank|16|749,553|-|749,553|781,184|-|781,184|
|(note10)||||||||
|||__________|__________|__________|__________|__________|__________|
|Totalcurrentassets||764,553|-|764,553|826,778|-|826,778|
|||__________|__________|__________|__________|__________|__________|
|LIABILITIES:||||||||
|Creditors:Amounts|16|(8,288)|-|(8,288)|(10,299)|-|(10,299)|
|fallingduewithin||||||||
|oneyear(note11)||||||||
|||__________|__________|__________|__________|__________|__________|
|Totalnetassets||756,265|-|756,265|816,479|-|816,479|
|||__________|__________|__________|__________|__________|__________|
|Thefundsofthe||||||||
|charity:||||||||
|Funds(note14)|18|756,265|-|756,265|816,479|-|816,479|
|||__________|__________|__________|__________|__________|__________|



For�the�financial�year�in�question�the�company�was�entitled�to�exemption�under�section�477�of�the�Companies�Act�2006� relating�to�small�companies.� 

No�members�have�required�the�company�to�obtain�an�audit�of�its�accounts�for�the�year�in�question�in�accordance�with� section�476�of�the�Companies�Act�2006.� 

The�directors�acknowledge�their�responsibility�for�complying�with�the�requirements�of�the�Act�with�respect�to�accounting� records�and�for�the�preparation�of�the�accounts.� 

These�accounts�have�been�prepared�in�accordance�with�the�provisions�applicable�to�companies�subject�to�the�small� companies’�regime.� 

The�financial�statements�were�approved�and�authorised�for�issue�by�the�Board�and�were�signed�on�its�behalf�by:� 

……………………………………………….� 

Simon�Jennings� 

19th December 2025 


The�notes�on�pages�12-18�form�part�of�these�financial�statements.� 



Page�11� 

GIFT�OF�LIFE� 

## STATEMENT�OF�CASHFLOWS� FOR�THE�YEAR�ENDED�31�MARCH�2025� 

||2025|2024|
|---|---|---|
||£|£|
|CASHFLOWSFROMOPERATINGACTIVITIES:|||
|Netmovementinfundsfortheyear|(60,214)|25,071|
||__________|__________|
|OPERATINGSURPLUS|(60,214)|25,071|
|ADJUSTMENTSFOR:|||
|Movementsindebtors|30,594|(15,810)|
|Movementsincreditors|(2,011)|5,494|
||__________|__________|
|NETCASHFLOWSFROMOPERATINGACTIVITIES|(31,631)|14,755|
||__________|__________|
|CHANGEINCASHFORTHEYEAR|(31,631)|14,755|
||__________|__________|
|RECONCILIATIONOFNETCASHFLOWTOMOVEMENTINNETFUNDS|||
|Netcashresourcesat1April|781,184|766,429|
||__________|__________|
|CASHAT31MARCH|749,553|781,184|
||__________|__________|
|CASHCONSISTSOF:|||
|Cashatbank|749,553|781,184|
||__________|__________|



The�notes�on�pages�12-18�form�part�of�these�financial�statements. 



Page�12� 

GIFT�OF�LIFE� 

NOTES�TO�THE�FINANCIAL�STATEMENTS� FOR�THE�YEAR�ENDED�31�MARCH�2025� 

## 1. ACCOUNTING�POLICIES�� 

## Legal�status�of�the�trust�� 

Gift�of�Life�(“the�Charity”)�is�a�registered�charity�(charity�number�1140638)�and�a�company�limited�by�guarantee.� 

In�the�event�of�the�Charity�being�wound�up,�the�liability�in�respect�of�the�guarantee�is�limited�to�£1�per�member�of�the� Charity.� 

The�address�of�the�registered�office�is�given�in�the�charity�information�on�page�1�of�these�financial�statements.�� 

## Basis�of�Preparation� 

The�charity�constitutes�a�public�benefit�entity�as�defined�by�FRS�102.�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)�(effective�1�January�2016)�–�(Charities�SORP�FRS�102)�and�the�Financial�Reporting�Standard�applicable� in�the�UK�and�Republic�of�Ireland�(FRS�102)�and�the�Companies�Act�2006.� 

The�presentational�currency�of�these�financial�statements�is�Pound�Sterling.� 

The�financial�statements�are�prepared�under�the�historical�cost�convention,�modified�to�include�certain�items�at�fair� value�with�the�following�significant�accounting�policies�applied.��� 

## Income�recognition� 

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

Income�from�Gift�Aid�is�recognised�when�the�charity�has�an�entitlement�to�the�gift,�receipt�is�probable,�and�the�amount� can�be�measured�reliably.� 

## Expenditure�recognition�� 

All�expenditure�is�included�on�an�accruals�basis�and�is�recognised�when�there�is�a�legal�or�constructive�obligation� committing�the�Trustees�to�the�expenditure.�It�is�categorised�under�the�following�headings:�� 

- The�cost�of�raising�funds�–�consists�of�advertising,�marketing�and�direct�mail�materials,�including�publicity�costs� not�associated�with�educational�material�designed�wholly�or�mainly�to�further�the�charity’s�purposes.� 

- Charitable�activities�comprise�of�grants�and�donations�made�during�the�period�and�are�expended�through�the� Statement�of�Financial�Activities�when�the�offer�is�conveyed�to�the�recipient.�� 

## Support�costs�allocation� 

Support�costs�are�those�that�assist�the�work�of�the�charity�but�do�not�directly�represent�charitable�activities�and� include�office�costs,�governance�costs,�administrative�and�payroll�costs.�They�are�incurred�directly�in�support�of� expenditure�on�the�objects�of�the�charity.�They�are�allocated�based�on�the�estimated�staff�time�spent�on�each�activity.� 



Page�13� 

GIFT�OF�LIFE� 

NOTES�TO�THE�FINANCIAL�STATEMENTS� FOR�THE�YEAR�ENDED�31�MARCH�2025� 

## 1. ACCOUNTING�POLICIES�(continued) 

## Foreign�currency�� 

Assets�and�liabilities�denominated�in�foreign�currencies�are�translated�at�the�rate�of�exchange�ruling�at�the�Balance� Sheet�date.�Transactions�denominated�in�foreign�currencies�are�converted�at�the�rate�of�exchange�ruling�at�the�date�of� the�transaction.�All�transaction�differences�are�taken�to�the�statement�of�financial�activities�as�they�arise.�� 

## Taxation�and�irrecoverable�VAT� 

The�Charity�is�not�subject�to�tax�on�its�income,�provided�that�all�surplus�funds�are�used�for�charitable�purposes.� Accordingly,�no�provision�is�made�for�taxation.� 

Irrecoverable�VAT�is�charged�against�the�category�of�resources�expended�for�which�it�was�incurred.�� 

## Basic�financial�instruments� 

Debtors�and�creditors�with�no�stated�interest�rate�and�receivable�or�payable�within�one�year�are�recorded�at� transaction�price.�Any�losses�arising�from�impairment�are�recognised�in�expenditure.�� 

## Provisions�� 

Provisions�are�recognised�when�the�charity�has�an�obligation�at�the�balance�sheet�date�as�a�result�of�a�past�event,�it�is� probable�that�an�outflow�of�economic�benefits�will�be�required�in�settlement�and�the�amount�can�be�reliably� estimated.��� 

## Judgements�and�key�sources�of�estimation�uncertainty� 

In�preparing�the�financial�statements,�the�Trustees�have�considered�how�best�to�apply�the�Charity’s�accounting�policies� and�make�estimates�in�the�preparation�of�the�financial�statements,�where�relevant.�The�Trustees�have�not�made�any� significant�estimates�in�these�financial�statements�other�than�provisions�for�doubtful�debts�as�appropriate.� 

## 2. DONATIONS�AND�LEGACIES� 

|DONATIONSANDLEGACIES||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Unrestricted<br>Funds31<br>March<br>2025<br>£<br>Generaldonations<br>696,913<br>Giftaid<br>15,000<br>__________<br>711,913<br>||Restricted<br>Funds<br>31March<br>2025<br>£<br>-<br>-<br>__________<br>-<br>||Total<br>Funds<br>31March<br>2025<br><br>£<br>696,913<br>15,000<br>__________<br>711,913<br>||nrestricted<br>Funds31<br>March<br>2024<br>£<br>474,491<br>45,260<br>__________<br>519,751<br>||Restricted<br>Funds<br>31March<br>2024<br>£<br>-<br>-<br>__________<br>-<br>|Total<br>Funds<br>31March<br>2024<br>£<br>474,491<br>45,260<br>|
||||||||||__________<br>519,751<br>|





Page�14� 

## GIFT�OF�LIFE� 

NOTES�TO�THE�FINANCIAL�STATEMENTS� FOR�THE�YEAR�ENDED�31�MARCH�2025� 

## 3. COST�OF�RAISING�FUNDS�� 

||Unrestricted|Restricted||Total|Unrestricted|Restricted||Total|
|---|---|---|---|---|---|---|---|---|
||Funds|Funds||Funds|Funds|Funds||Funds|
||31March|31March||31March|31March|31March||31March|
||2025|2025||2025|2024|2024||2024|
||£|£||£|£|£||£|
|Galaandeventcosts|(48,346)||-|(48,346)|(797)||-|(797)|
|Travelcosts|(3,624)||-|(3,624)|(26,566)||-|(26,566)|
|Marketingcosts|(2,004)||-|(2,004)|(4,565)||-|(4,565)|
||__________|__________||__________|__________|__________||__________|
||(53,974)||-|(53,974)|(31,928)||-|(31,928)|
||__________|__________||__________|__________|__________||__________|



## 4. CHARITABLE�ACTIVITIES�� 

|4.CHARITABLEACTIVITIES|||||||||
|---|---|---|---|---|---|---|---|---|
||Unrestricted|Restricted||Total|Unrestricted|Restricted||Total|
||Funds|Funds||Funds|Funds|Funds||Funds|
||31March|31March||31March|31March|31March||31March|
||2025|2025||2025|2024|2024||2024|
||£|£||£|£|£||£|
|Grantsandgeneraldonationspaid|(635,550)||-|(635,550)|(382,979)||-|(382,979)|
|duringtheperiod|||||||||
||__________|__________||__________|__________|__________||__________|
||(635,550)||-|(635,550)|(382,979)||-|(382,979)|
|Supportcostsattributableto|(82,603)||-|(82,603)|(79,773)||-|(79,773)|
|charitableactivities(note5)|||||||||
||__________|__________||__________|__________|__________||__________|
||(718,153)||-|(718,153)|(462,752)||-|(462,752)|
||__________|__________||__________|__________|__________||__________|





Page�15� 

GIFT�OF�LIFE� 

NOTES�TO�THE�FINANCIAL�STATEMENTS� FOR�THE�YEAR�ENDED�31�MARCH�2025� 

## 5. SUPPORT�COSTS� 

|Unrestricted<br>Funds<br>31March<br>2025<br><br>£<br>Staffsalary<br>(42,962)<br>Bankcharges&<br>commissions<br>(15,644)<br>IndependentExaminer<br>Fees<br>(5,100)<br>Accountancyfees<br>(3,445)<br>Professionalfees<br>(4,572)<br>Othersupportcosts<br>(10,880)<br>__________<br>(82,603)<br>__________<br>Apportionedasfollows:<br>Grantmakingactivities<br>(82,603)<br>__________<br>(82,603)<br>__________|Restricted<br>Funds<br>31March<br>2025<br>Total<br>Funds<br>31March<br>2025<br>Unrestricted<br>Funds<br>31March<br>2024<br>Restricted<br>Funds<br>31March<br>2024<br>Total<br>Funds<br>31March<br>2024<br>£<br>£<br>£<br>£<br>£<br>-<br>(42,962)<br>(39,302)<br>-<br>(39,302)<br>-<br>(15,644)<br>(12,065)<br>-<br>(12,065)<br>-<br>(5,100)<br>(5,820)<br>-<br>(5,820)<br>-<br>(3,445)<br>(1,788)<br>-<br>(1,788)<br>-<br>(4,572)<br>(1,572)<br>-<br>(1,572)<br>-<br>(10,880)<br>(19,226)<br>-<br>(19,226)<br>__________<br>__________<br>__________<br>__________<br>__________<br>-<br>(82,603)<br>(79,773)<br>-<br>(79,773)<br>__________<br>__________<br>__________<br>__________<br>__________<br>-<br>(82,603)<br>(79,773)<br>-<br>(79,773)<br>__________<br>__________<br>__________<br>__________<br>__________<br>-<br>(82,603)<br>(79,773)<br>-<br>(79,773)<br>__________<br>__________<br>__________<br>__________<br>__________|Restricted<br>Funds<br>31March<br>2025<br>Total<br>Funds<br>31March<br>2025<br>Unrestricted<br>Funds<br>31March<br>2024<br>Restricted<br>Funds<br>31March<br>2024<br>Total<br>Funds<br>31March<br>2024<br>£<br>£<br>£<br>£<br>£<br>-<br>(42,962)<br>(39,302)<br>-<br>(39,302)<br>-<br>(15,644)<br>(12,065)<br>-<br>(12,065)<br>-<br>(5,100)<br>(5,820)<br>-<br>(5,820)<br>-<br>(3,445)<br>(1,788)<br>-<br>(1,788)<br>-<br>(4,572)<br>(1,572)<br>-<br>(1,572)<br>-<br>(10,880)<br>(19,226)<br>-<br>(19,226)<br>__________<br>__________<br>__________<br>__________<br>__________<br>-<br>(82,603)<br>(79,773)<br>-<br>(79,773)<br>__________<br>__________<br>__________<br>__________<br>__________<br>-<br>(82,603)<br>(79,773)<br>-<br>(79,773)<br>__________<br>__________<br>__________<br>__________<br>__________<br>-<br>(82,603)<br>(79,773)<br>-<br>(79,773)<br>__________<br>__________<br>__________<br>__________<br>__________|
|---|---|---|
|||__________<br>(79,773)<br>|
|||__________<br>(79,773)<br>__________<br>(79,773)<br>__________|



## 6. EMPLOYEES�� 

The�average�monthly�number�of�employees,�including�directors,�during�the�year�was�5�(2024:�5).�� 

No�employees�had�employee�benefits�in�excess�of�£60,000�(2024:�none).� 

## 7. TRUSTEES�&�MANAGEMENT 

Trustees�received�no�remuneration�(2024:�£nil).� 

Expenses�reimbursed�to�the�trustees�during�the�year�amounting�to�£16,230�(2024:�£1,972).�� 



Page�16� 

GIFT�OF�LIFE� 

NOTES�TO�THE�FINANCIAL�STATEMENTS� FOR�THE�YEAR�ENDED�31�MARCH�2025� 

## 8. GOVERNANCE�COSTS 

Support�costs�include�governance�costs�of�£52,361�(2024:�£46,910),�comprising�staff�costs�of�£42,961� (2024:�£39,302),�independent�examiner’s�fees�(including�VAT)�of�£5,110�(2024:�£5,820)�and�accountant’s� fees�of�£3,290�(2024:�£1,788).�� 

## 9. DEBTORS� 

|Unrestricted<br>Funds<br>31March<br>2025<br><br>£<br>Giftaidreclaim<br>15,000<br>Prepayments<br>-<br>__________<br>15,000<br>|Restricted<br>Funds<br>31March<br>2025<br>£<br>-<br>-<br>__________<br>-<br>|Total<br>Funds<br>31March<br>2025<br>U<br>£<br>15,000<br>-<br>__________<br>15,000<br>|nrestricted<br>Funds<br>31March<br>2024<br><br>£<br>45,594<br>-<br>__________<br>45,594<br>|Restricted<br>Funds<br>31March<br>2024<br>£<br>-<br>-<br>__________<br>-<br>|Total<br>Funds<br>31March<br>2024<br>£<br>45,594<br>-<br>__________<br>45,594<br>|
|---|---|---|---|---|---|



## 10. CASH�AT�BANK�� 

|Unrestricted<br>Funds<br>31March<br>2025<br><br>£<br>Emerald<br>731,722<br>PayPal&Stripe<br>17,831<br>__________<br>749,553<br>|Restricted<br>Funds<br>31March<br>2025<br>£<br>-<br>-<br>__________<br>-<br>|Total<br>Funds<br>31March<br>2025<br>U<br>£<br>731,722<br>17,831<br>__________<br>749,553<br>|nrestricted<br>Funds<br>31March<br>2024<br><br>£<br>753,912<br>27,272<br>__________<br>781,184<br>|Restricted<br>Funds<br>31March<br>2024<br>£<br>-<br>-<br>__________<br>-<br>|Total<br>Funds<br>31March<br>2024<br>£<br>753,912<br>27,272<br>__________<br>781,184<br>|
|---|---|---|---|---|---|



## 11. CREDITORS�–�amounts�falling�due�within�one�year� 

|Unrestricted<br>Funds<br>31March<br>2025<br><br>£<br>Supportcosts<br>(3,188)<br>Independent<br>examination<br>(5,100)<br>__________<br>(8,288)<br>|Restricted<br>Funds<br>31March<br>2025<br>£<br>-<br>-<br>__________<br>-<br>|Total<br>Funds<br>31March<br>2025<br>U<br>£<br>(3,188)<br>(5,100)<br>__________<br>(8,288)<br>|nrestricted<br>Funds<br>31March<br>2024<br><br>£<br>(5,449)<br>(4,850)<br>__________<br>(10,299)<br>|Restricted<br>Funds<br>31March<br>2024<br>£<br>-<br>-<br>__________<br>-<br><br>|Total<br>Funds<br>31March<br>2024<br>£<br>(5,449)<br>(4,850)<br>__________<br>(10,299)<br>|
|---|---|---|---|---|---|





Page�17� 

GIFT�OF�LIFE� 

## NOTES�TO�THE�FINANCIAL�STATEMENTS� FOR�THE�YEAR�ENDED�31�MARCH�2025� 

## 12. SOFA�Comparatives� 

|SOFAComparatives||||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||Funds|Funds|Funds|
||31March|31March|31March|
||2024|2024|2024|
|INCOMEFROM:|£|£|£|
|Donationsandlegacies|519,751|-|519,751|
||__________|__________|__________|
|Totalincome|519,751|-|519,751|
||__________|__________|__________|
|EXPENDITUREON:||||
|Costofraisingfunds|(31,928)|-|(31,928)|
|Charitableactivities|(462,752)|-|(462,752)|
||__________|__________|__________|
|Totalexpenditure|(494,680)|-|(494,680)|
||__________|__________|__________|
|Netincome|25,071|-|25,071|
|Netmovementinfunds|25,071|-|25,071|
|Reconciliationoffunds:||||
|Totalfundsbroughtforward|791,408|-|791,408|
||__________|__________|__________|
|Totalfundscarriedforward|816,479|-|816,479|
||__________|__________|__________|



## 13. ALLOCATION�OF�NET�ASSETS� 

|Unrestricted<br>Funds<br>31March<br>2025<br><br>£<br>Debtors<br>15,000<br>Cashatbank<br>749,553<br>Currentliabilities<br>(8,288)<br>__________<br>756,265<br>|Restricted<br>Funds<br>31March<br>2025<br>£<br>-<br>-<br>-<br>__________<br>-<br>|Total<br>Funds<br>31March<br>2025<br>U<br>£<br>15,000<br>749,553<br>(8,288)<br>__________<br>756,265<br>|nrestricted<br>Funds<br>31March<br>2024<br><br>£<br>45,594<br>781,184<br>(10,299)<br>__________<br>816,479<br>|Restricted<br>Funds<br>31March<br>2024<br>£<br>-<br>-<br>-<br>__________<br>-<br>|Total<br>Funds<br>31March<br>2024<br>£<br>45,594<br>781,184<br>(10,299)<br>__________<br>816,479<br>|
|---|---|---|---|---|---|





Page�18� 

GIFT�OF�LIFE� 

NOTES�TO�THE�FINANCIAL�STATEMENTS� FOR�THE�YEAR�ENDED�31�MARCH�2025� 

## 14. FUNDS� 

Restricted�funds�relate�to�a�donation,�where�the�donor�has�specified�the�money�is�to�be�used�for�Gift�of�Life� Educational�Purposes�or�to�provide�medical�assistance�to�a�certain�individual. 

||At1April|Income|Expenditure|At31March|
|---|---|---|---|---|
||2024|||2025|
|Restrictedfunds|£|£|£|£|
|Restrictedfund|-|-|-|-|
|Unrestrictedfunds|||||
|Unrestrictedfunds|816,479|711,913|(772,127)|756,265|
||__________|__________|__________|__________|
|Totalfunds|816,479|711,913|(772,127)|756,265|
||__________|__________|__________|__________|



## 15. RELATED�PARTY�TRANSACTIONS�� 

Details�of�trustee�and�management�expenses�and�remuneration�are�given�in�note�7.�� 

The�charity�received�unconditional�donations�from�Trustees�related�parties�during�the�year�amounting�to�£37,159� (2024:�£69,858).� 

## 16. ULTIMATE�CONTROLLING�PARTY�� 

The�ultimate�controlling�party�is�the�Chairman�of�the�Board�of�Trustees�and�Directors,�Simon�Paul�Jennings,�who�acts�in�an� executive�capacity.� 

