Charity Number: 1148438 Standard registra8on 6[th] August 2012 onwards Annual Report and Financial Statements to 31[st] May 2024 **----- Start of picture text -----**
||| |---|---| |Contents|Page| |Reference and Administra8ve Informa8on|2| |Trustees Report|3| |Chairperson’s Report|4| |Independent Examiner’s Report|5| |Statement of Financial Ac8vi8es|6| |Balance Sheet|9| **----- End of picture text -----**
1 **Reference and Administra/ve Informa/on** As at 31[st] May 2024 |Charity Number:|1148438 Standard registra8on|1148438 Standard registra8on|| |---|---|---|---| |Started:|6thAugust 2012||| |Address:|Big Picture Charity Films, 100 Ernest Road, Wivenhoe, Essex.||| ||CO7 9LJ||| ||Tel: 01206 824549||| ||Email:info@bigpicturecharityflms.org||| ||Website: hYp://www.bigpicturecharityflms.org/||| |Trustees:|Tim AbboY|(Chairperson)|| ||Mark Rassell (Treasurer)||| ||Dave Gentry (Secretary)||| ||Peter Hassard||| ||Tim AbboY||| ||Si Cooper||| |Bank:|CAF Bank||| ||25 Kings Hill Avenue||| ||Kings Hill||| ||West Malling||| ||ME19 4JQ||| |Independent Examiner:|Colin Smith||| 2 **Trustee’s Report** For the Year Ended 31st May 2024 The Trustees present their annual report for the year ended 31st May 2024, incorpora8ng the Reference and Administra8ve informa8on on Page 1. ## Structure Governance and Management The Trust was established by Trust Deed on the 4th August 2012 and was registered by the Charity Commission on 8th August 2012. Under the Deed the power to appoint Trustees, of which there shall be at least four, is vested in the exis8ng Trustees. The Trustees met 4 8mes during the year in pursuance of our objec8ves. ## Objec8ves and Ac8vi8es The objec8ves of the charity are: the promo8on of the voluntary sector for the public benefit by the produc8on of films which promote volunteering and the voluntary sector. Big Picture is a UK based Registered Charity that exists to help other chari8es and voluntary organisa8ons tell their stories and raise awareness of their causes. Our funding model allows us to offer films at rates that allows chari8es to maximise the alloca8on of their funds to the projects they have been set up to deliver. ## Financial Review The financial statements are included in this Report for the year and the financial situa8on at 31st May 2024. The Trustees are encouraged by the strong financial founda8on and look forward to making more high quality films that promote volunteering and the voluntary sector in the future. ## Trustees responsibili8es Charity 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 charity for that year. In preparing those financial statements, the Trustees are required to: - Select suitable accoun8ng policies and the apply them consistently - Observe the methods and principles of the Chari8es SORP - Make judgements and es8mates that are reasonable and prudent and - Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will con8nue in business. The Trustees are responsible for keeping proper accoun8ng records which disclose with reasonable accuracy at any 8me the financial posi8on of the Charity and enable them to ensure that the financial statements comply with the Chari8es Act 1993. They are responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for the preven8on and detec8on of fraud or other irregulari8es. The Trustees have had regard to the public benefit general guidance issued by the Charity Commission. They believe that the descrip8on of the Charity’s ac8vi8es in this annual report evidences that those ac8vi8es carry out the Charity’s aims for the public benefit. On behalf of the Trustees, Tim AbboY (Chairperson) 3 **Chairperson’s Report** For the Year Ended 31st May 2024 Big Picture Charity Films completed its eleventh year of making high quality films for UK chari8es, all doing amazing work in and for their communi8es. This year we worked with 36 chari8es and made 74 films. Our film crew has travelled locally from our base in Colchester across the UK from Brighton to Scotland and many places in between. We also made films for a remarkable UK health care charity working in India and Zambia. Our funding model means we can make a limited number of free films, where chari8es pay only for travel expenses, and in 2023-2024 we promoted our free film offer invi8ng chari8es to apply during January. We received 45 enquiries and from these selected ten with these films being made through 2024, four of which had been completed by the end of this financial year. The charity ran two fundraiser events during the year. In September 30 people walked about 18 miles round London themed around loca8ons on a Monopoly Board. Then in March our tenth Quiz Night ran over three evenings raising nearly £8000. Trustees commit to giving away 10% of income each year and were able to donate £6330 to the charity Health Help Interna8onal with whom we had worked on films in India and Zambia as well as a regular annual dona8on of £360 to Romanian aid charity Cry in the Dark. The financial year started with Tim AbboY taking on the role of Chair from Steve Higgins who stepped down as Chair and concluded his term as a trustee at the end of the 2022 - 2023 year. The trustee body remained at five members through the year. Working with children and people who may be vulnerable the charity has safeguarding systems in place and regularly reviews its work to ensure best prac8ce. There were no safeguarding concerns raised during the year. Our work brings us into contact with the widest range of organisa8ons, some with a turnover of mul8-millions of pounds, some just star8ng out with very liYle, and all with a vision to improve the lives of those they serve. Even aner so many years the staff and trustees at Big Picture Charity Films con8nue to be surprised, delighted and humbled by the work of the charitable sector and especially many newer, onen 8ny, chari8es. It inspires us in our work of suppor8ng them as we con8nue to fulfil our mandate of making a difference, one film at a 8me. Tim AbboY Chairperson, Big Picture Charity Films 4 Independent Examiner's Report I report to the trrn on my examith of d*acr(xmts ofBig Pi(tuE CharityFtlms for the year eTKlsl 31ft May 202 acCOrdar￿ with the ryuirenMts oftbe(kniiie5 Act Xlll ftbe Art). 2011 Act and iti WiD8tKll my exaMi￿tiOn I have follovRdall the aN)ll￿b]e Ditwuons 8iveo by Hi8hwoc*J5 Ststement of Financial Activities Executive Summary Report comparing FY 2(Y23 arKI FY 2024 FY 2024 (£1 FY 2￿13{ Cash Cash Flow From Operations Cash in Cash out Net cash suWus Idèficitl 51,017.43 151,864.361 1846.93} 86,586.19 147,843.511 18,742.68 123.4%) Cash How From Finan¢ing AdNibes Cash in Cash out Net cash sU￿￿S Ideficitl 319.88 15,426.001 (5,1(b.12) 233.5% 16,750.001 {5.6&3.07) 111.3% Cash Summary N8t cash movéménts Closing cash balar 16,530.001 56.036.46 13,636.56 82.566.46 1147.90Aj 110.4%1 Profftabilty Cost ol sales Gross profit I1￿￿) Othèr It￿Me Administrative expenses Finance income Financè wsts Profit Ilossl 143.865.00) 143.665 001 51.017.43 18,199.361 1,066.93 16,750.001 16,530.001 I39,2C￿.70l 139.200 101 66.566.19 18,643.411 319.88 15,426.001 13.636.56 111.4%1 111.4°kl 5.1% 233.5% {147.90AI 8akn¢e Sh8&t Assets Net Assets 56.036.46 56,036.46 82,566.46 62,566.46 110.4%1 110.4°kl Profit & Loss lox Ir￿oMe Report comparing FY 2023 arKI FY 2024 FY 3)24 {£) FY 2￿23(£) Cost of sab8S Mat8rial$ 143.665.OJ) 139,200.101 (￿.2[Al.10) 111.4%1 111.4%) Gross Profit 143.W.C>)I 139,2Tr).101 111.4%) Rent and rates Rent and rates Tolal Rent and ratss $0.3% Communications Intemet {&51.¥J) Total ￿Mr￿n￿tionS 1352.331 156.5%) Gènèral administration Subscriptions {197.96) 1197.961 13)7.￿ 4.8% 4.8% Travel Travel 15,124.361 15124.36) 14,209.321 (4.￿￿9.32) j21.7%j 121.7%) Adv8rtisiNJ Marketing I2.￿25.81} ia025.81j 12,513.861 (2.513.861 19.4% 19.4% Fund R8i4ing FurKI Rak%irYJ F 1CXJ% FY 2tr24 {£) FY 2WZ3 {£1 Tot￿ Fund RaiwThJ Total Administrative Expenses 18,199.361 18,643.411 5.1% Finance costs Financè èxpènsg Bank charges Total FInar￿ OXF￿￿0 160.(QI 186.(Ql 9.1% 9.1% Giwng Charit8ble Gmng Totd Giwng I6,690.￿ 15,360.(KJI (24.8%) 124.8%) Op6rthng Profit 158,614.361 1&3,269.511 110%) other I￿rne Donation - Gift Donations- Non Grft Aid Donations- From Films Pr(xluwJ BPCF Fundraising Walk Challeng8 DOnat￿n Total Other inc(th 4.382.C 3.fA)O.Q) 32.779.70 10.130.65 125.CKI 6,367.32 883.49 46,925.89 12.409.49 307.5% 130.1W.I 51.017.43 66.586.19 Flnance knL> Interest income 1.1%6.93 1,[￿.83 319.88 233.5% Tot￿ FinarKe irK¥Jme 319B8 233.5% Profit Before Tax 16,530.LKII 13,636.56 1147.9%) Not Profit 16.530.CIJI 13,636.56 I147.￿￿) Balance Sheet IQO,L 4rZ Report comparing FY 2023 arKI FY 2024 FY 3)241£) FY￿( CurTant assots CAsh CAF Cash Accojnt CAF Gokl Accojnt 11.409.72 44.626.74 $6,036.46 6.495.18 56,071.28 566.48 75.7% 120.4%) 110.4%) Net A389ts 5fj.036.46 61566.46 {10.4%1 Equty Retained eamirwJs Net profrt 62.566.46 16.530.ml 56.036.46 48,W29. 13,&86.56 586.46 1147.9¥.1 j10.4%j SharehO￿rs Ewity $6,038.46 62,586.46 {10.4%1