REfJsTERED COAIPAXY NUMBER: 08126363 IEnWand and Wales) RECI￿RED CHARrrY NUh18ER: 1148535 of the Trustee5 and UnaudftÉd Flnan¢fal Ststemewtrts they End EL hlAmtyial FurKJ Th¢xne Wldgery Accow)tsw Ltd Chartered Acc￿Jnta￿tS 2 Vfyevaie Bu51ness Park Kin85 kre Hereford Heref¢xdshlre HR4 7BS Contents of the Flnandal Statements for the Year Ended 31 Jul 2024 Page ReFQrt of the Trustee5 1 to 3 In(k￿dent Examinerfs Rewt Statement of Flnanclal ActlvEUes Nrtes to the FinaKlal Statements 8 to 12 E)ttafled Statement of HnwKlal Actmttes 13 to 14 EiyAlemorfjal Fund Rep)rt of the Tnjstees for the Year Ended 31 Jul 2024 The tr￿tte5 are atso dlrettors of the charity for the pwp05e5 of the CompanTe5 Act 2(Q6, we5ent their report th the financial statetrtnts of the th8rity for the year ended 31 JULY 2024. The trustees have acwed the p￿￿slOnS of Att￿l￿tIng and Reporting by Charities.. Statement of Recornmended Prartice applicable to charitÉes preparing thelr accounts In accordance with the Fananaal Rep)rtlng Standard aFplicab4e In the UK ￿ Rewbllc of Ireland IFRS 1021 leffectlve 1 January 20191. OBJECTIVES AND ACTMnES Objethes and alms The ELY Alemorial Fund objective5 are to relieve financial hardship for familles wlthin the Cwnty Boundary of He￿ordShIr&. as defined by Hereford5hire Council, by giwng a CcThd0￿ glft as a one.off payment If thefr son or daughter are tragfjcauy ￿lLed fjn a road traffic crash. in particular twl not exdusively between the age5 of 17 to 25 years of age. WhethLY the crath 13 in Herelord5hire or another part of the world, Irrespertlve of nat*onalltyi race, ethnlc or natlcAHI thgin, colour, disability, sexuality, political or religlous bellefs In the Inierests of pubtit beneflt and the rknject of relieving financTal hardship for the families WI￿ main domldle 15 in Hereford5hlre. To advaft(e the educatton of public in matters relating to road safety thrujgh pro.actfve campalgns. Publlc benefit The tnjstees have had due regard for the Cha￿ty Commlsslon's wb115hed guldance on rxtbifc beneflt. ACHIPIEMENT AND PERFORMANCE Charftable actlvltles The Charity ha5 had a twyy year, however, thwe a￿ sttLI Ilmltations of finding wltable wts to help wlth core fundlns costs. CoiiaLKJrating wlth Roadpeace ssn￿ October 2023 has been fnvaluabie with Ange Tyler, Charlty Manager and Dfjtna Wc*Jd. Director being invited to the World Day Ranemlyance krwce for Road Traffic victim5 in November 2023. RoadFeace 15 the national tharity to help vlctlms of road death, 5UPPOrtlng farnilie5 thrry4h the crFminal justlce ty3tem such a5 Iryjests; campaigning thmugh varicMJ5 gr(MJps for road safety and the ifflpart road death has ￿ famllles along with emotional support for anyone ¥tho has affected by road death. educatfonal work for road safety particuiarty the age group 14 to 17 years has been recognlsed collaborating vAth them. We belleve thi5 is our main achievement thls year for (w wot1( arwnd mad safety thrw8h Rtsadpea￿. The Charfjty rlow has a n￿1 Trustee a150 wc¥ks for ROa¢*ea￿ gfwng the Charlty greater connectlon for road safety campalgnlng. new ELY HUGS pack for f￿eTaI donatlons are heid at the Herelord Crernatrfflum and the rnajorlty of Flneral DfrKtors across Yerefordshire to engjre that famllles vtho Suffer the loss of thefr thlld are SUp[￿rted as qulckly as FQ55ibte. Our airn is to agree the condolence gift 72 hDUf5 of the famlly befns Inforyned of thefr death by the Trafflc Investigation Unit Family Llalson Officer. Th15 VAII allcM* families tQ start makin8 funera( anangemertts f thelr cmld to help reduce the financial thstress of paying for thelr funeral. At the end of November 2023, the Charfty was also ch)5en to be the Charity of the Year for the Green Dragm Hotel. Hereford. A huge pAvSlege for the Charlty as well as reducing overhead costs for hosts.ng f￿draiSing events. ablllty to have one mafn venue for all funrtlons has not only raised our wofi'le, tyjt it has also created a good worklng relatf(mshlp I￿Vre char5tles of Herefordshire. The Charity also works wlth the Hereford & Wcfcester Ffre & Rescue Service thrwgh thetr road ￿fety proyarnme our Impact- targelin8 Year 10 & Year 11 at Secondary sCh￿is across Herefordshlre, Ange & Diana attend 5harinq thefr eX[thW￿e of the de7kth of Ernma (Ange's datohterl and Tom (Dtana's In a road traff1¢ crash. Events ¥e held acr05S the academic year gMn4 them an orwtunlty to raise awarene55 of the Young Dr(ver Expertence. Alemoriai Furnl of the Trustees for the Year Ended 31 Jui 2024 ACHIEvEhI￿ AND PERFOWNCE Fundralslng a¢tlvltles rjjring thls ftscal year, wr maln actlvltles has Involved the ELY Chthty Ball heid eJYly Ottober 2023 •t Cwt where 120 guests enjoyed varl￿S drinks, a three-course thnner and lfve er7tertainmert. This 15 held bi-annually due to tlme management of hc4dlng gxh event. The ELY Charfty Golf Day held 13th July 2￿2) at Burghfll Va(1of Golf Club where thirty-two fC￿r ball team5 entered. This is our blgge5t fundralser every year for the Charfty after 11 year5 it ts still as stroTrJ as when tt first stsrted. It 15 a thvltege to meet golfers every year keep Supp￿￿n8 ELY. The Yourv4 Drtver EyrieKe is another maTn activity held dEWry the last week of July once school has ftntshed fsx Summer, held at Herefffdshlre, NcKth Shr¢¥shlfe ft Colle8e. Over ffve days, up to thirty-￿ Students per day aged between 1417 wtllln8ly attend the event. They are able trj drtve In a controlled vehlcie from Go Driving around a dosed ccmjrse as well as leamlng bask roadslde flrst ald, general car matntenance" Hereford p￿tce dtscussln8 drfnklthve and Irc*n hlORSE who are part of the Hereford & Wwce5ter Ftre & Rescue Serylce to hdp h￿LIght dangers of road user5. FINANCIAL REIfjEW Flnanclal p051tlon The cha￿Y cthnpanls reyjlt fcr the yEar rew#ted net Inci¥ne of £15,295 12023.. £2,7r6 nEt ex￿￿t￿re). Totsl stood at £96.04912023: W,7541. all of whtth are unresthcied. Free at the year end, befng total fund5 less fixed a55ets and restrirted funds 5tofyJ al £95,532 I2￿13. É&),0651. Thls ecptstes to nèarty 27 Th￿{1023. 33 moftthsl of the charityb amual expenditure. The ELY Memorial Fund 15 a erant maklng fund offeri￿ £3((Q to pay for a ba5TC funeral fcr familie5 reside in Herefordshfrre and trag5cally lose thefr or daughter aged between 17 to 25 bvt not exclLthely. in a road traffk crash. Due to the cèjects of the Chatlty, It Is dffflcuit to predfct when famllles WIU apply for ffnandal asslstance to cover the costs of a bastc funeral. As such £30,orxi Is In a reserve account to ensure that at least ten fU￿ra1 pa￿￿ents can k covered In any flsol year whld) ts held under the a¢¢wnt of ELY Memorlal Fund heid at Lloyth Bth, Hereftyd. A fLwther £15,OCQ ts rrfalne¢l for sustslnlng the Charlty should Th) fundrnlslng ty dwtlons happen for the tharity. T$h￿ sfgrtatortes of the ELY Memorfjal Fund are reojired to vAthdraw the fL￿￿S fmm the acctyjnt. ￿￿la1 media piatfoTm5 and net%￿rkIng amonw t￿ineSSes fjs still crltlcal to ￿ part of the wlder communlty. TM5 I￿11 CL*rtlnue thr(wh the next finandal year as well as seeking core funding costs to help with running the charity. salary for the Charlty 110nager who can manage day to day a¢tlvitle5, oryanisln4 fundralslng events. worf( th West I￿rCia Police & RoadFeace as well as offer more road Safety talts at the HT*r EdtKation wen￿ acrc65 Herefordshire. Collaboratlng w6th trthnesses iookfn8 at Op¥￿￿nItIeS for fuThlrnl￿n9Itharfty of the year. exrAthn8 re4￿ar mnthly donat*on5 Irryn the wtAl¢ and wtyk Iwslnesse5 offer the Chartty for fir￿￿￿eS, scthl metha, a￿* dlgltal securlty. Continue campalwlng for To3d Safety by Increa5fng the number of days ttr¢)ugh the year and deliver at two other y￿UeS fn Herefordshtre V+there we can engage with more yO￿g pecpLe to help make them safer drtvers of r fuiure. The Charfty contfNJes to ex[l￿e wod(Ing wlth Heref(ffd Ik4KE for deslgnlng the Charit15 metal feather that can Le glfted to famllles and help SUP[￿ the Charitles fina￿e$ through 5ale& One hunthed feathers hav¢ been made to a￿5$ ￿￿ther 15 a market for thefeatheys to be sold. Flnally, thanks mLtst go to the Trustees of the Charity fcf thelr never endless Supp￿ for ELY to er￿￿re meet ¢yJr objectlves for the Publ1¢ Ber*flt. re￿￿Ing the flnandal dlstre5s from ow bereayed familie5 at a time of Sheer devastatir￿. Page 2 Ei Memortal Fund Re rt of the Trustees for the Year Ended 31 Jul 2024 STriThIRE. GOIERNANCE AND MANAGEMEMT C*)vemlnq dotum•nt The charfty 15 CC￿trolled by its governing d￿urnent, a deed of tru*. and constitute5 4 limited conpany. limited by guarantee, as deflned by the Companles Att 2(#J6. A person who wlshe5 to apply to tecome a Charfty Tn￿tee, wlll need to ¥￿te to the Charfty Manager and be referred to the DSre¢ror% of the ELY Memrfal FLthd. New Tru5tee5 wfju SI￿ a deciaratlon of ellglblllty {C5D-1382 foNnl enwrfng that the trustee Is not dlsquallfled from actlng as a charlty trustee. The Governing th￿rne￿t uJtLlnes that at each knnual Gentrnl hI*￿n4 one third of Director5 must retire from their )5ition al￿ seek re.election as a dlrector. Those have been I￿geSt in office 5in¢e last appolntrrpnt rrw5t retire. Company director5 of Company H￿j$e wll also be chartty tntstees and must be reglstered as w¢h vAth the Charity Commissicfi and Ccmpany House. ELY has three seThtng Dlrectors. REFERENCE AND ADmIN￿rRATIvE D￿AlLs Registered CrAnpany number 08126363 (England and Wale51 Reg15tered Charlty number 1148535 R•glst•red offlce 3 Avocet Road Holmer Hereford HR4 9WA Ms D GaMn.Robinson RWLeary Ms D WLM)d Independent Examln Llsa Weaver FCCA Th)rne Wldgery Accountancy Ltd Chartered Accountants 2 Wyevale Bu511￿ Park Kfngs Acre Hereford Hereford5hlre HR4 7BS oved by order of the iwd of tnJstee5 On............................ . ........ and 518ned on Its behalf by: Ms D Woco. Tntstee Page 3 lTrjer￿dent Examfjnerfs Re rt to the Tnjstees of lthtthal Fund kndependent •xaMlr￿r's reyt to the trurt••s of EEY Ilamorlal Fund Ilh• Comp￿￿) I rewc to th2 tharlty trustees on myexamination of the accwtrts of the CorTyaryfortht yw ended 31 Jdy2014. Responslbflltl•s and basls al roport A5 the cha17t￿5 trustees of the Company land aigj its dlrector5 for the wrp05es of cornpany lawl you are re5pon51bLe for the preparation of the accounts In accordance with the wuirements of the cr￿1￿￿1eS kt 3(#￿ Ilhe 2CrfJ&Ac¥). Havlng satlsfied rn￿lf that the acC{￿ts of the CcmpaNy are not requlred to be audlted under Part 16 of the 2C*X Act and are ellgtbie for Independent examlnatlon. I rem in respect of my examlnatlC￿ of your charitls aCc￿nts as carrfed ¢yJt under Sectton 145 of the Charftfes Aci 2011 Ilhe 2011 Act). In carrylng out my examlnatlon I have fotlowed the D[rectI￿ qlven by Chartty Conwn155ton under secti￿ 145151 Ibl of the 2011 kt. Independent Èxaminer's statement I have completed my exAmlnatlon. I conflrm that no matters have cc*ne to my attentIC￿ In cormectlon the examfjnat1L￿ glvlng ￿ cause to beiteve: accLKmtfjng record5 were not kept In respect (rf the Company a5 requlred by SectlLn 386 of the 2LJ)6 Act. the accounts do not accord with those record5. or the accounts th rK*t ccmply with the acccKJnting requiremetts of secti￿ 3% of the 21Th Act other than ary qulrement that the accounts glve a true and falr vlew ￿thIch ts not a matter C{￿5(dered a5 part of an independent examInatic￿. or the accounts have not been prepared In acctydance t*élth the nrthod5 aNJ prlnc(ple5 of the Statement of Recornmended Pratti¢e f(* accwntyng and rer¥YYng by tharttfjes lappifcabie to charftles wepartng thelr acc(Wts In accordan￿ wlth the Ftnandal Re￿￿tIng Sta)dard awlcable In the UK and Repubik of Ireland IFRS 102)). I have WJ Concen￿ and have come across no other matters In £oN*cth)n wlth the examlnatlLm to vthich attentic l¢J be drawn In thts reFwyt In or¢kr to enable a proper understanding of the accfArts to be reached. Llsa Weaver FCCA Thorne Vhdgery Accountancy Ltd Chartered Atcwitants 2 Iwale Busine55 Park Kkngs Acre Hereford Hereforthhlre HR4 7&5 Page 4 El 1*kn￿rIaL Fund Statement of Flnandal Actlvttles the Year Ended 31 Jul 2024 31.7.24 Uwestrfcted fund 31.7.23 Total fund5 e5 INCOME AND ENDOWIIENTS FROM D¢ThtlMs and iegacbes 34,656 8.482 Charttable artlvltles Relieve Finandal Hardshlp 4.240 Other tradlng actfvities Investment income 19,098 476 17.978 227 Total 58.470 26,687 EXPENofwRE ON Ralslng funds 12.888 6,987 Relieve Financial Hardship 30,287 22,&15 Total 43,175 29,39Z NEf INCOhlEI(EtsDIDITURE> 15,295 12,7051 RECONCILIATION OF FUNDS Total funds brwht forward 83,459 TOTAL FUNDS CARRIEO FORWARD 96,049 80,754 The notes form ￿rt of these flnandal statements Page 5 EE IAemorlai Fund Balance 1 July 2024 31.7.24 31.7.23 Unre5trsCted Total fund FIXED ASSErs Tangible assets 517 cURREP￿ A55 Stocks 1.395 470 4.538 81,113 Cash at benk and In harKI 94.863 96.258 86,121 AmLwnts fallinK due vAthin one year 10 In61 16.0561 95,532 80.065 TOTAL ASSEfs LESS CURRENT U*lBILrriES 96,049 80,754 ASSErs %,049 80.754 FUNDS Unrestrtted fuThYs 11 TOTAL FUNDS 96.049 The charitable c(¥npany 15 entitted to exeriwion from audit ￿der secti￿ 477 of the C(Im￿leS Act 2CQ6 for the ended 31 July 2024. The members have not requlred the crmnpany to obtsin an autht of Its flnandal 5tstements for the year ended 31 Jjly 2024 In accordw with Secbort 476 of the Companies Act 2(fA. The trustee5 a£kn¢wAed8e their re5kK￿Ibll1t7e5 for e￿￿ring that the charfjtable cL*npatry keep5 aCCOLWrting recc*ds that comply vrith Sect1¢￿ 386 ar￿ 387 of the Companles Act 21KtsJ and eparing financial rtatew￿ts whith give a and fair vivw of the state ol affair5 of the charitable comp￿ry as at the end of each firtanciai year and ol Its surplus or deficit for each fiTranaal year in aC(￿dalKe wtth the requirements of Sections 394 and 395 and which otherwise compty with the requlrements of the c￿npanIeS Act 2LI)6 relatlng lo flnandal statements, so far as appLlcable to the charltabie company. The notrs f(m part of these finanaal statements Paye 6 El Memorlal Fund Balan￿ ￿eet. ccffitlnued 31 Jujl 2024 These finandal ststements have prepared in the Pro￿10￿5 awjlicable ￿ tharitable companie5 Jject to the small companfes reglm&. The finan were approved by the Board of Tr￿5 and auth0ri5ed for i55ue on and were slgned th) Its behalf by.. D Wcrfjd. Tntstèe R W Leary. Tntstee O Ga￿n.RObl￿S0n . Trustee The notes fc4m part of financial st)tements Page 7 hlemotlal Fund Notes to the Financlal Statements for the Year Ended 31 Jul 2024 ACC(NJNnNG POUCIES Basis of prepJrtn8 the flnan¢fal statemÈnts The financial 5tJtements of the Charltable CLffiPaNyi whfch Is a pL￿liC benefit entlty under FRS I￿1, have been prepared in acc￿d￿￿e wfth the Charttles %)RP IFRS 1021 '*£crArtTng and Rewting ty Charttles: Statement of Recomrnended prartI￿ applicable to charTtie5 prepar£n8 thelr Kcovnts In accordance wlth the Financial Rep)rting Standard appilcable In the UK and Rep￿)11£ of Ireland IFRS 1021 leffectlve 1 January 20191,. Flnandal Reportlng Standard 102 The Flnanc(al Rerortlng Standard appllcable In the UX and ReNdic of Irela1￿, and the Cunpanles Act 2￿. The finandal statements have prepared under the historical Goln4 concvn The Directors wess %thether the use of going concern is apprcyriate i.e. whether there are any materlal Lmcertaintie5 related to evtnts or c(ThlItt￿ that may cast significant doubt on the ability of the tharftable company to contTnue a5 a going concem. The trU￿ee5 make thls assessment in resw of a period of at least t￿e year from the date of auth0ri5ati1￿ for issue of the finandal statements and have conduded that the charttable company has adequate re5wrces to c￿tfnue In operatlonal existen￿ for the foreseeable future and there are no material urKertaintie5 a￿ut the tharfjtable coryanys abfjllty to eC￿tInUe as a going concem, thus they ctmtTnue to adopt the goirv4 concem basls of atC(x￿t* In prepartng the financial statements. Ail thccme Is rwnlsed In the Statement of Flnandal knivtties ortte the thadty has a)tftiement to the funds. It Is W￿able that the finC￿e wlll be recefved and the arno￿t can te mea5wed r¢liaLIy. Expendlture Liabilitie5 are rec(4nts&J as e>yndlture a5 S(￿ a5 there 15 a le8al or crMh5tnKtlve obitgatlon corrffilttlng the charity to that exF*nthture. It ts Frobable that a tFarnfer of ec£rfKffiic beneflts wlil be requlred kn settlement and the amount of the (bligatI￿ can be measured reiiabiy. Expenditure Is accounted f￿ on an accruals basis and has been classlfled under heading5 that aggregate all c05t related to ihe category. Where costs cannot be direttly aÈtrtI￿ted to partkular headings they have been alLrtar e￿1 tlate are nrted as a commitment but not accn*d as expendlture. Tan8lble flxed a55ets Depredatlth) Is provided at the fcllovlrry annual rdte5 In order to ￿te off each asset over Its estlmated Useful lrfe. Fixtures and flttlng5 25% reQ￿n8 balarKe str￿ks Strth are valued at the lower of cast and r*t reallsable v8iue, after maklng due allowance f￿ (thotete and ow movtng Iteffls. Taxatlon The tharfty fs exempt frcffi corF(fatlon tax on Its charitable activitie5. Fund accountfng Unrestticted funds can be used in accordante the charttabie thjectlves at the discretion of the trustees. Restricted funds tan f￿ partlcuiar restrfrted pu￿ wlthln the objects ol the charfty. Restnction5 arise vltten speclfled by the (lonor ￿ vthen f￿￿5 are ra15ed for partlcular restr1cted WfF