Registered number: 08142721 Charity number: 1151484 BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) UNAUDITED TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) CONTENTS Reference and Administrative Details of the Charity, its Trustees and Advisers Trustees' Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements Page 3 4 - 8 10 11 12 - 21
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 JULY 2025 Trustees & Directors Mr T. Usmani Mr K. Usmani Mr S. I. Abukalil (Resigned 2 July 2025) Dr A. Abbas-Hanif Mr. R. Sawas Mr N. A. Afzal (Resigned 19 September 2024) Company registered number Charity registered number Registered office 08142721 1151484 Chief executive officer 50 Havelock Terrace London SW8 4AL Sabah Gilani Accountants Simmons Gainsford Professional Services Limited Chartered Accountants 14th Floor 33 Cavendish Square London WIG OPW Page 3
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) TRUSTEES & DIRECTORS' REPORT FOR THE YEAR ENDED 31 JULY 2025 The Trustees present their annual report together with the financial statements of the Better Community Business Network Limited for the year 1 August 2024 to 31 July 2025. The Annual Report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). Objectives and activities a. Policies and objectives AIMS To provide an effective conduit to encourage businesses to actively participate in community projects. OBJECTIVES BCBN seeks to identify worthwhile community projects and partner with credible charities. To raise the necessary funds and awareness to support socially challenging causes. VALUES As a Muslim led organisation, we have a set of shared values that help us make a positive contribution to society: integrity; transparency; and social justice. POLICIES AND OBJECTIVES a) To promote cooperation, consensus and unity within the Muslim community. b) To support charities and organisations, which provide services that, benefit the community as a whole. c) To establish a position for the Muslim community within the UK that is fair and based on due rights. d) To foster better community relations and work for the good of society as a whole. e) To present Muslims in a positive light. POLICIES As a founding principle, the charity's ongoing running costs are funded by the Trustees, and all other monies collected net of the specific event costs are distributed to the charitable causes supported Page 4
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee TRUSTEES & DIRECTORS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 b. Activities undertaken to achieve objectives BCBN has been running its grant initiative, small grant awards since 2013 and was able to distribute funding to mall community groups due to funding received from MC Fund Grant Initiative in January 2025 allowing u o distribute a grant of up to £3,000 per month across 202 2 podcast. MMC also received funding from Muslim Aid to deliver 2 school wellbeing programmes. 'Resilient phase 1 funding received on 20.02.25 (£26,250) enabled us to work with the Chiltern Learning Trust in Luton to understand the mental health needs of students and help shape/ inform the programme delivery. The second programme commissioned by Muslim Aid is 'value every mind' (£9,101.25 on 12.06.25) to deliver creative wellbeing workshops to schools in Manchester. c. Main activities undertaken to further the charity's purposes for the public benefit BCBN's Grant Initiative aims to provide small third-sector grant awards to empower charities and local community projects. This Initiative distributes a one-off grant award of up to f3,000 per charity or to small but credible community projects, which are able to demonstrate their positive impact on the communities they aim to serve. We have in place strict vetting procedures and criteria for successful applications. We take a responsible attitude to the funds provided by our donors. The Initiative runs throughout the year, alongside BCBN's more headline efforts. Our list of selection criteria, activities excluded and the assessment process is noted on the website: http://bcbn.org.uk/grant-initiative/ A full list of all our beneficiaries through BCBN's Grant Initiative are listed on http://bcbn.org.uk/beneficiaries/. The Muslim Mind Collaborative (MMC) has been formed as a result of ground breaking research conducted into the Mental Health and Wellbeing of British Muslims and drawing on academia, statutory services, community practitioners, faith leaders and faith-led psychotherapy services. Our aim is to widen the parameters of the agenda on Mental Health to consider the needs of faith communities and service users of Muslim background. Our findings can be found on the BCBN website. MMC's vision is to embark on a journey with our partners to ensure access to appropriate mental health and wellbeing support for Muslim communities across the UK. To build a world where everyone has a quality of life and pathways to health. Muslim Women Talk Ramadan podcast provides a dedicated platform amplifying the voices of Muslim women, reflecting BCBN's commitment to supporting marginalised communities. As the leading wellness and lifestyle podcast on Ramadan. created and hosted by experts, it engages an untapped audience through storytelling, education, and representation. By fostering community cohesion and empowerment, it contributes to broader social impact and inclusion. Page 5
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) TRUSTEES & DIRECTORS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 The Trustees consider that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to th ublic benefit guidance published by the Charity Commissior Achievements and performance a. Main achievements of the charity In 2021 BCBN launched 'Muslim Mind Collaborative' and continued in this financial year, building upon its recommendations in the Hidden Survivors report. The Collaborative attracted over 50 (non-fee) member organisations and services to engage with others in the sector to further MMC objectives and share learning. MMC also built upon its expertise since 2019 'Resilient Me' programme by creating 'Value Every Mind' educational toolkits as self-help guide for schools - staff, parents and students. The resource provides and faith and culture sensitive approach to mental wellbeing and resilience in schools. Furthermore, MMC has helped shape, design and deliver school well-being programmes across the UK helping to equip young people on mental health, reducing stress and anxiety. MMC podcast 'Muslim Women Talk' series in its second season gained 12,000 listeners during this financial year. The podcast attracted high-profile guests and helped promote the MMC ethos through its key messaging. BCBN is diversifying grant initiative donor base and strengthening its grant-making framework to support disadvantaged communities across the UK. In doing so we are able to continue our efforts in supporting grass- root initiatives and building social-cohesion. b. Plans for future periods We welcome broader support recognition of our efforts in community grant-making and strategic partnerships while exploring sustainable and impactful funding models for BCBN's Grant Initiative. BCBN will continue to seek ways in which it can engage with the business community to continue supporting charitable causes. It will look at how it engages with businesses and charities for future events and partnerships. Muslim Mind Collaborative has been growing in its membership of mental health and wellbeing organisations, professionals and practitioners. We hope to create a children and young people task force, taking forward our project and learning in schools and in youth mental health. MMC will continue to partner with organisations and facilitators to deliver and oversee school wellbeing programmes. Financial review a. Going concern After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for 12 months from the signature of the balance sheet. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. Page 6
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) TRUSTEES & DIRECTORS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 b. Reserves policy As a founding principle, the charity's ongoing running costs are funded by the Trustees, and all other monies collected net of the specific event costs are distributed to charitable causes supported. c. Financial position At the year end the charity had unrestricted reserves of £24,567 (2024: £32,681). The restricted reserves at the year end were £1,617 (2024: Enil). Structure, governance and management a. Constitution The entity is constituted as a company limited by guarantee, company registration number 0814272l, and is governed by the Memorandum and Articles of Association dated 13 July 2012. It is a registered charity, registration number 1151484. Its registered office is 50 Havelock Terrace, London, SW8 4AL and the charity's website is http://bcbn.org.uk/. The trustees who served in the period are listed on the Reference and administrative details of the charity, its trustees and advisers' page. b. Methods of appointment or election of Trustees The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of th Memorandum of Association c. Organisational structure and decision-making policies All trustees provide strategic governance and advice to the organisation. Trustees make key decisions around budget, events and activities, supported projects and causes. The charity employees and volunteers present charity partners and projects to the board of trustees for decisions to be made on the programmes the charity supports and funds. d. Trustees The trustees who served in the period are: Mr T Usmani Mr K Usmani Mr S I Abukalil (Resigned 2 July 2025) Mr R Sawas Dr A Abbas-Hanif Mr N A Afzal (Resigned 19 September 2024) Page 7
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) TRUSTEES & DIRECTORS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 Statement of Trustees' responsibilities The Trustees (who are also the directors of the charity for the purposes of company law) are responsible for preparing the Trustees' 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. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, 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 of the Charities SORP (FRS 102); make judgments and accounting estimates that are reasonable and prudent; state whether applicable UK Accounting Standards (FRS 102) 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 charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. and signed on their behalf by: Mr T. Usmani Trustee Page 8
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 JULY 2025 Independent Examiner's Report to the Trustees of Better Community Business Network Limited ('the charity') I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 July 2025. Responsibilities and Basis of Report As the Trustees of the charity (and its 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 2006 Act). Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 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 2011 Act). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent Examiner's Statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 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 2006 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 UK 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. This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report. Signed: Abdultaiyab Pisavadi Bsc FCA Simmons Gainsford Professional Services Limited Chartered Accountants 14th Floor 33 Cavendish Square London Date: Page 9
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 JULY 2025 Income from: Donations and legacies Expenditure on: Charitable activities Net movement in funds Note 3 Unrestricted funds 2025 106,300 Restricted funds 2025 € 41,351 Total funds 2025 € 147,651 Total funds 2024 € 83,475 5 114,414 (8,114) 39,734 1,617 154,148 (6,497) 87,087 (3,612) Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward 32,681 (8,114) 24,567 1.617 1,617 32,681 (6,497) 26,184 36,293 (3,612) 32,681 The Statement of Financial Activities includes all gains and losses recognised in the year. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. All activities are classified as continuing. The notes on pages 12 to 21 form part of these financial statements. Page 10
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) REGISTERED NUMBER: 08142721 BALANCE SHEET AS AT 31 JULY 2025 2025 Note 2024 f Current assets Cash at bank and in hand 30,053 36,163 Creditors: amounts falling due within one year 9 (3,869) (3,482) Net current assets Total net assets Charity funds Restricted funds Unrestricted funds Total funds 26,184 26,184 32,681 32,681 1,617 24,567 26,184 32,681 32,681 The charity was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees on and signed on their behalf by: Humer Mr T. Usmani Trustee The notes on pages 12 to 21 form part of these financial statements. Page 11
1. 2. BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 General information The charity is a company limited by guarantee and registered in England and Wales. The members of the company are the Trustees named on page 3. In the event of the charity being wound up, the liability in respect of the guarantee is limited to €10 in total. Accounting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charities SORP (FRS 102) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Section 1A of Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 SIA) (effective 1 January 2019), and the Companies Act 2006. Better Community Business Network Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 2.2 Going Concern After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for 12 months from the signature of the balance sheet. For this reason, they continue to adopt the going concern basis in preparing the financial statements. 2.3 Income All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Donated services or facilities are recognised when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends is not recognised and refer to the Trustees' report for more information about their contribution. On receipt, donated professional services and facilities are recognised on the basis of the value of the gift to the charity which is the amount it 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. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Page 12
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 2. Accounting policies (continued) 2.4 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs. Grants payables are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment but not accrued as expenditure. All expenditure is inclusive of irrecoverable VAT. 2.5 Government grants Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of financial activities as the related expenditure is incurred. 2.6 Cash at bank and in hand Cash at bank and 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. 2.7 Liabilities and provisions abilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it obable that a transfer of economic benefit will be required in settlement, and the amount of the settleme can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Page 13
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 2. Accounting policies (continued) 2.8 Financial instruments 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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.9 Fund accounting 2.10 Cash flow statement In accordance with the Charities SORP (FRS 102) the Charity is claiming exemption from the requirement to prepare a cash flow statement on account of it being a small Charity. 3. Income from donations and legacies Donations Grants Unrestricted Total 2025 70,300 36,000 106.300 Donations Grants Restricted Total 2025 - 41,351 41,351 Unrestricted funds 2024 € 64,600 18,875 83,475 Total 2025 70,300 77,351 147,651 Total funds 2024 64,600 18,875 83,475 Page 14
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 4. Analysis of grants Grants to Institutions 2025 Grants, BCBN Grant Initiative 33,413 Grants, BCBN Grant Initiative Grants to Institutions 2024 f 17,480 Total funds 2025 33,413 Total funds 2024 17,480 Page 15
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 4. Analysis of grants The charity has made the following material grants to institutions during the year: Name of institution Muslimah Sports Association Kent enterprise trust Cycle Sisters Community Development Link (CODEL) Sound Waves MAGPAS Air Ambulance Health Bus Trust Mustafia Sharif Arundel Museum Society Rammy Men CIC Goodwill Caravan Special Needs & PA Time Banks The University Women's Club Evelina Children Heart Organisation Sal's Shoes Warehouse Hub The Royal National College for the Blind Thurrock Christian Fellowship 2025 2024 - - - 3,000 3,000 3,150 3,000 3,000 1,312 2,850 2,101 3,000 3,000 3,000 3,000 33,413 3,000 2,985 - 17,480 Page 16
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 5. Analysis of expenditure by activities Grant funding of activities 2025 Support costs 2025 BCBN Grant Initiative 33,413 33,413 120,735 120,735 BCBN Grant Initiative Grant funding of activities 2024 f 17,480 17,480 Support costs 2024 € 69,607 69,607 Total funds 2025 154,148 154,148 Total funds 2024 € 87,087 87,087 Page 17
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 5. Analysis of expenditure by activities (continued) Analysis of support costs Salary and wages Pension Publicity and marketing Education and Training Education Project Management Bank charges Sundry expenses Accountancy fee Insurance Salary and wages Pension Publicity and marketing Event hire and Audio/visual Bank charges Sundry expenses Accountancy fee Support costs BCBN Grant Initiative Restricted 2025 funds 2025 f 65,149 1,321 2,288 - 9,382 9 495 1,800 557 81,001 BCBN Grant Initiative 2024 f 64,749 1,321 12,517 (12,467) 112 595 1,800 980 69,607 9,018 27,196 3,520 - 39,734 Annual Gala 2024 € - - - Other Charitable 2025 : - - - : Other Charitable 2024 : : 6. Independent examiner's remuneration The independent examiner's remuneration amounts to an independent examiner fee of £1,800 (2024: €1,800). Total funds 2025 65,149 1,321 11,306 27,196 12,902 9 495 1,800 557 120,735 Total funds 2024 64,749 1,321 12,517 (12,467) 112 595 1,800 980 69,607 Page 18
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 7. Staff costs Wages and salaries Social security costs Contribution to defined contribution pension schemes The average number of persons employed by the charity during the year was as follows: 2025 58,000 7,149 1,321 66,470 2025 No. 1 2024 58,000 6,749 1,321 66,070 2024 No. 1 Employees No employee received remuneration amounting to more than £60,000 in either year. The key management personnel of the charity comprise the Chief Executive Officer. The total remuneration of key management personnel during the year was £58,000 (2024: €58,000) 8. Trustees' remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2024 - £NIL). During the year ended 31 July 2025, no Trustee expenses have been incurred (2024 - £NIL). 9. Creditors: Amounts falling due within one year Other taxation and social security Other creditors Accruals and deferred income 2025 1,812 257 1,800 3,869 2024 1,712 257 1,513 3,482 Page 19
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 10. Summary of funds Designated funds General funds Restricted Funds Balance at 1 August 2024 € 10,979 21,702 - 32,681 Income Expenditure - 106,300 41,351 147,651 (114,414) (39,734) (154,148) Balance at 31 July 2025 10,979 13,588 1,617 26,184 Designated funds General funds Balance at 1 August 2023 f 10,979 25,314 36,293 Income Expenditure f - 83,475 83,475 f (87,087) (87,087) Balance at 31 July 2024 € 10,979 21,702 32,681 11. Designated funds The designated fund represents money designated by the Trustees to be paid out to the charitable cause(s) supported by the annual fundraising event. 12. Restricted funds Restricted funds represent donations and grants received by the charity that are subject to specific conditions imposed by donors. Page 20
BETTER COMMUNITY BUSINESS NETWORK LIMITED (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 13. Analysis of net assets between funds Analysis of net assets between funds - current year Current assets Creditors due within one year Total Unrestricted Total 2025 28,436 (3,869) 24,567 Restricted Total 2025 1,617 1,617 Total 2025 30,053 (3,869) 26,184 Analysis of net assets between funds - prior year Current assets Creditors due within one year Unrestricted funds 2024 36,163 (3,482) 32,681 Total funds 2024 36,163 (3,482) 32,681 Total 14. Related party transactions The total aggregate value of donations received from trustees and other related parties in the year was £70,300 (2024: £64,600). No conditions were attached to these donations. Page 21