Company Registration Number: 08532341
ELIFAR FOUNDATION LIMITED
A COMPANY LIMITED BY GUARANTEE
(CHARITY NO. 1152416)
REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
UHY

ELIFAR FOUNDATION LIMITED
A COMPANY LIMITED BY GUAIL41¥TEE
(CHARITY NO. 1152416)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
Index
Page
Report of the Board
Independent examiner's report
Statement of financial activities (including income and expenditure account}
Balance sheet
Notes to the financial statements
10-17

ELIFAR FOUNDATION LIMITED
REPORT OF THE BOARD
FOR THE YEAR ENDED 31 MAY 2025
The Board is pleased to present its report along with the financial statements for the year ended 31 May
2025. The financial statements have been prepar¢d in accordance with the accounting policies set out in
note I to the financial statements and comply with the charity's governing document, the Companies Act
2006, the Charities Act 2011 and "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)"
Reference and administrative information
Trustees
Paul Cawood (Chairnian)
Lucy Hin¢s
Neil Hockin
James Huckle
William Killick
James Mead
Peter Moore
Company Number
08532341
Registered Charity Number
1152416
Registered Office
Camelot Park Road, Domans Park, East Grinstead
RH192NQ
Independent Examiner
Rachel Chim of UHY Hackcr Young LLP. Quadrant House, 4
Thomas Mor¢ Square, London, El W l YW
Bankers
CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill. West Malling,
Kent, ME19 4JQ
Structure) governance and management
Elifar Foundation Limited became r¢gister¢d as a charity with the Charity Commission for England and
Wales on 13 June 2013. It is a charitable company limited by guarantee, with no share capital and is
governed by its Memorandum and Articles of Association dated 16 May 2013. All the trust¢¢s ar¢ m¢mb¢rs
of the company and the liability of each member in the event of winding up is limited to a maximum of
£10.
Trustees are identified and appointed by the charity trustees th¢ms¢lv¢s and serve as long as they wish, are
able and qualify. one of the current trustees. Paul Cawood, is a founding trustee. The truste¢s meet or
conf¢r frequently during the year to manage th¢ charity and consider grant applications.
In accordance with th¢ gov¢rning document, there shall be not less than thr¢¢ directors at any one time. The
directors, who are also the charily t￿Stees, are normally elected by the m¢mbers of the company in a gen¢ial
meeting. The Board rnay appoint any member of the company as a director either as an additional director
or to fill a casual vacancy. Any member so appointed must Tetire at the next annual general meeting but is
eligible for re-election.
Each new trustee will receive an induction session with the Chaimian and Treasur¢r, where they are
provided with th¢ background to th¢ charity and its work and receiv¢ guidance on their role as a director
and trustee of the charity.

ELIFAR FOUNDATION LIMITED
REPORT OF THE BOARD
FOR THE YEAR ENDED 31 MAY 2025
Risk Management
Th¢ trustees have reviewed the major and financial risks that impact on the work of the charity. The systems
that have been established enable the directors to review and take necessary steps to lessen these risks.
Objectives and Activities
The Elifar Foundation was originally constituted as an unincorporated charity under a trust deed dated 13
November l 998. The charity was co-founded by Paul Cawood and the late Hilary Marsden (then Burton)
to help improve the care, facilities and equipment available to profoundly disabled children, young persons
and adults.
The Elifar Foundation was r¢structured in 2013 and continues to work and improve the quality of life for
disabled children and young adults. whether living at home or in residential care. It does this by making
grants to individual children and young adults, and will consider applications from disabled people, their
families or involved health professionals for funding or part-funding of specific items of specialised
equipment, which would othenvise be denied to them because of lack of funds or because ther¢ is no
statutory provision.
Th¢ trust¢¢s have paid due regard to guidance issued by the Charity Commission in deciding what activities
they should undertake.
Achievements, Performance and Grant Making Poliey
During the year 140 grants were approved compared with 55 in th¢ previous year and these covered a wide
range of specialised equipment incluth'ng wheelchairs, specialist beds, trikes, seating systems and sensory
equipment. Individual grants varied in value from £ 100 to £5,000. The trustees aim to spread the value of
grants to fund the purchase of somc high-cost itcms, while at the same time supporting as many families as
possibl¢ through grants for lower cost equipment. Over half of the grants awarded this year were for £1,500
or under and focuss¢d on equipment that can make a tangible difference to a disabled person's lif¢. The
larger grants were for wheelchairs, specialLSt beds, pushchairs, trikes and communication equipment, some
of which were part-funded with other charities.
Each grant application is considered by the grants team on an ongoing basis throughout the year. The grants
t¢am includes onc trustee and the grants manager. An approved protocol is in place and if furth¢r discussion
is needed. the application is referred for consultation with the board of trustees. Clear and consistent cnterta
are applied with the requirement for each application to be supported directly by a medical professional.
Application fornis can b¢ requested in writing, by email or can be downloaded from our website.
Demand for grants continues to be high due to the financial needs of applicants and the reduction in
government spending on statutory provision. The Elifar Foundation'5 higher profile is also driving an
increased number of applications for funds and a significant rise in the level of enquiries via Elifar's
website.
The Elifar Foundation operates on a simple model. Funds are raised through donations and ev¢nts, with
most of these funds then allocated to individuals who apply for one-off grants. Grants are only allocated
from funds received and the Foundation has no long-term financial commitments, apart from essential
gov¢rnanc¢ costs and payment to a part-time administrator who processes grant applications. The Elifar
Foundation's fundraising activities. grant assessment process. charity administration and governance are
all carried out by the trustees and other supporters on a voluntary basis.

ELIFAR FOUNDATION LIMITED
REPORT OF THE BOARD
FOR THE YEAR ENDED 31 MAY 2025
Achievements, Performanee and Grant Making Policy (continued)
Well supported fundraising events durino the year included the Elifar Challenge, the Revcap Thames
Bridges Trek and the annual Golf Event at the Royal Wimbledon Golf Club organis¢d by James Mead.
Thanks to Ryan Kennedy for nominating Elifar as the beneficiary of funds raised at the Cheltenham
Accessible Retail Golf Day. We are extremely grateful for the support received from the George Lindon-
Travers Memorial Race Day, to have been nominated as one of the chosen charities for Propski and
PropGolf events and to hav¢ been a beneficiary from the R¢vo Award Cereniony event. Due to the
generosity of many corporates and individuals our Christmas Appeal raised £15.3k. Thanks also to M&S
and Tesco for their sponsorships at the Elifar Challenge.
We are very grateful for the continued generosity of property industry organisations including Revcap
Advisors, Macdonald & Co, Balmain Asset Managenient, FMX, GCW, Sh¢Trards, LM, JLL, Schroders.
CMS. Keiinedy Wilson, MARK, Ellandi, KLM Retail. The Crown Estate, LSH, Colliers. Essential Living,
Levi, LCP Prop¢rti¢s, NewRiver REIT, Newmark, Hamm¢rson, Zest, Evolve, Edozo, Hays, Alma, Savills,
CBRE. Vale RE, Grove RE, Kildare, Leslie Jones Architects and Perkins Fox.
Thanks also to a long list of friends and family who offer their time on a voluntary basis. The charity could
not be able to operate without th¢rn.
Applicants living in the London boroughs of Lambeth and Wandsworth continue to receive support from
funds donated in previous years by The Battersea Power Station Foundation.
Elifar secured sponsorship of £18k from companies and trusts including Revcap Advisors Limited and
Macdonald & Co Ltd. This sponsorship is specifically targeted at our essential administration and
governance costs as the Foundation strives to ensure that all fundraising and donations go directly to
disabled children, young adults and their families.
Financial review
Total income for the year from donations. legacies, charitable activities. corporate sponsorship, trading
activities and investrnenls was £202,705 conipared to £178,511 in the pievious year.
The total spend on grants during th¢ year was £232.458 compared to £81,455 in the previous year. The
trustees, objective is to distribute the charity's income to suitsble beneficiaries as quickly and efficiently
a5 possible and this is dq)endent on both the level and timing of our income and the numb¢r of qualifying
applications.
Spending on fundTaising activities during the year amounted to £14.719 (£2024.. £25,763) to run the 2024
Elifar Challenge event and £1,763 (2024.. £1,050) in marketing expenses. Expenditure on governance and
support activities was £17,019 compared to £16,919 in the previous year. The trustees continue to focus
hard on minimising these costs and the bulk of the support costs are for administrative assistance in running
the grant-making process.
Overall the charity incurred net expenditure of £63,254 during the year compared with net surplus of
£53,324 in the previous year. The charity's unrestricted reserves at 31 May 2025 w¢r¢ £11,364 compared
with £73,710 in the Previous year. This is in keeping with the charity'5 objective of distributing only
available funds to qualifying applicants in a timely manner whil¢ complying with the chaTlty's policy on
reserves.

ELIFAR FOUNDATION LIMITED
REPORT OF THE BOARD
FOR THE YEAR ENDED 31 MAY 2025
Public benefit
The trustees have complied with section 17(5) of the 201 I Charities Act, having due regard for the Charity
Commission's guidance on public benefit when reviewing the trust's aims and objectives, when setting the
grant making policy and in making awards.
The charity has robust systems and checks in plac¢ to mitigate any losses that could potentially arise through
the use of insolvent or fraudulent suppliers.
Investment policy and performance
There are no restrictions on the charity's power to inv¢st and the current policy is to invest short-tern] funds
with the trust's bankers.
Reserves policy
The directors, aim is to. maintain free reserves in unrestricted funds at a level that will provide sufficient
funds to cover support and governance costs. The actual level of these r¢scrves at 31 May2025 was £11,364
(2024.. £73,710)
Plans for the Future
The directors have no immediate plans to modify or radically change any of the objects, activities or policies
described above. Currently the demand for funding is exceeding availabl¢ funds and we are considering the
best way to manage this in the futur¢, including suspending applications for a short period and reassessing
the eligibility criteria.
Tru5tees' responsibilities in relation to the financial statements
The charity's trustees (who are also the directors of Elifar Foundation Limited for the purposes of company
law) are responsible for preparing a trustees, annual Teport and financial statem¢nts in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Company law requir¢s the Trustees to prepare financial stat¢m¢nts 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 account. of the charitabl¢ cornpany for that period. In
preparing these financial statements th¢ Trustees are required to-
select suitable accounting policies and then apply them consistently
observe the methods and principles in the applicable Charities SORP
make judgements and estimates that ar¢ reasonable and pnLdent
state whether applicable UK accounting standards and statement of recommended practice have
been followed, subject to any material departures disclosed and explained in the financial
statements. and
prepare the financial statements on the going concem basis unl¢ss it is inappropriate to presume
that the charitable company will continue in operation.
The trustees are r¢sponsible for keeping adequate accounting records which disclos¢ with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that the
financial staternents comply with the Companies Act 2006. They are also responsible for safeguarding the
charitable company's assets and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.

ELIFAR FOUNDATION LIMITED
KF.PORT OF TI.IE BOARD
FOR TUE YEAR ENDED 31 MAY 2025
The trLlStees are re5pon5ible tor Lhe maintciiaiice and integrit3 ot" the corpordte. and financial inforniation
iiILliide(l on the ch￿stabIC coinpany s ivebsite. l.egislatioi) iii Ilie United Kingdoni gyoiierning the
pi-eparation and dissciniii¢ltion offinancial 5tatemcnt.s may dift-er fi'oin legislatioii iii otlier jLirisdictions.
S'mall comp2ni¢s exemption
Tliis report lias bLen prL'parcd iii accordaiice with tlic pi'ovi5ions applicable to companies entitled to the
sniall COiTipaiiics exemption.
Appi'oved bN tlie trustees and signed on tlieir belialf bv=
Lucv Hines
Dire.ctor
Date.. 16*aiiLiarv 20?6

UHY
UHY Hark•rYoung LLP
Quadrant Hou50
4 Thomas Moro Squar8
London EIW1YW
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ELIFAR FOUNDATION LIMITED
FOR THE YEAR ENDED 31 MAY 2025
I report to the trustees on my examination of the financial statements of Elifar Foundation Limited {'the charity.)
for the y¢ar ended 31 May 2025 which are set out on pages 7 to 17.
Responsibilities and basis of report
As the twstees of the charity (and also ils directors for the pU￿OseS of company law). you are r¢sponsibl¢ for
the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('th¢
2006 Act,).
Having satisfied myself that the financial statements 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 iny ¢xamination of the
charity's financial slalemenls carried out under section 145 of the Charities Act 2011 ('the 2011 A¢t'}. In
carrying out illy examination I have followed the applicable Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act.
Independent examiner's Statement
have completed my examination. I confinn that no matters hav¢ come to my attention in connection with the
examination giving me cause lo believe that in any material respect:
(l) accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act-
or
(2) the financial statements do not accord with those records,. or
(3) the fillancial statements 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 inalter considered
as part of an independent examination. or
(4) the financial statetnenls have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable lo 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 lo which attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
ILL
Rachel Chiin FCCA
UHY Hacker Young
Quadrant House
4 Thomas More Square
London Elw IYW
Date.. jl January 2026

ELIFAR FOUNDATION LIMITED
STATEMENT OF FINAI¥CIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MAY 2025
Current financial year
Note
Unrestricted Restricted
funds
funds
Total
2025
Total
2024
Income and endowments from:
Donations and legacies
Charitable activities
Sponsorship
Other trading activities
Investments
111,471
71.243
18,000
111.471
71,243
18,000
81,501
79,082
16,900
669
359
1,991
1,991
Total income
202,705
202,705
178,511
Expenditure on:
Raising funds
Charitable activities
16,482
248.569
16,482
249,477
26,813
98,374
908
Total expenditure
265,051
908
265,959
125,187
Net (expenditure)l income
(62,346)
(908) (63,254)
53,324
Reconciliation of funds
Total funds brought forward
73,710
9,813
83,523
30,199
Total funds carried forward
11,364
8,905
20,269
83,523
The results for the year arc derived from continuing operations.
There were no recognised gains or losses, other than thos¢ passing through the statement of financial
activities.

E.LIFAR FOUNDATION LIMITED
BALANCE SHEET AS AT 31 TrL4Y 2025
2025
Total
2024
Total
Notes
Current assets
Debtors
Casli at bank and in hand
63.851
109.107
160.197
151,746
Creditors.. amollnts falling due
M'ithin olle year
(139.928)
(68,2?3)
Net assets
20,269
8),523
Tlie funds of the cliarity
Restricted funds
Unrestric.Led funds
14
8.905
11,364
9,813
73.710
?0,269
83,5?3
l.or the vear endLd 31 May 2025 the Loinpany ￿'aS enlitled to exemption from audit under se¢tion 477 of
the CoinpaLiies Act 2006 rclatlng to small companies.
Directors, responsibilitie%'.
The meinbers Iiave nol I'CLiiiired Ilie coinpany to obtain an clLidil of its finaiicial stalenients for ihe
}'ear in question in accordance with section 476-
The dii'ectoi's acknowled(yc thcir IEspoiisibilities for coinplyiiig w itli the Teqiiirernents of tlie Act
wilh i-espect to accounling rec()rds aiid the prcparalion of fiiianLial statLnienLs.
"I'lie%e accoiiiits al-c prepared in accordaiice witli the .%pecial provisiunb Ot" Part 15 of the Conipanies A¢t
"006 relaling to sinall coinpaiiies and constitLltc tlie aniiLiaS accouiits reqiiired by thc companie.s Act 2006
aiid are for LircLilation to mcmbers of tlie coinpatj),.
Tlie fiiiaiiciaJ statements oli pa(rcs 7 to 17 ¥￿ere approved by thc Board and autl)orised for issue on
16 ts janU￿Y 2026 and are signed on theii- belialf bv-
LLICY Hiiies
Director
Company Registration Iyo: 08532341

ELIFAR FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
Accounting policies
1.1 Basis of preparation
The financial statements have been prepared in accordance with th¢ "Accounting and Reporting by
Charities.. Statenient 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)" the Charities Act 2011 and the Companies Act 2006. The charity is a Public Benefit Entity as
defined by FRS 102.
The accounts are prepared in st¢rling, which is the functional currency of the charity. Mon¢tary
amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention. The principal accounting
policies adopted ar¢ set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the
chartty has adequate resources to continue in operational cxistence for the foreseeable future. Thus
th¢ trust¢es continue to adopt the going concern basis of accounting in preparing the financial
statements.
1.3 Funds structure
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their
charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used. The
purposes and uses of the restrict¢d funds are set out in the notes to the financial statements.
1.4 Income recognition
Grants, donations and other income are credited to the statcment of financial activities in the year to
which they relate. Grants and donations will be recognised on an entitlement basis and when receipt
is certain. Other income, including investment income. is recognised on an accruals basis.
Income is credited to incoming resources when the charity has entitlement to th¢ income, there is
sufficient certainty of receipt and so it is probable that the income will be received, and the amount
of income receivable can b¢ measured reliably, unless it relates to a specific future period. in which
case it is deferred.
1.5 Expenditure recognition
Liabilities are recognised as r¢sources expended as soon as there is a legal or constructive obligation
comtnitting th¢ charity to the expenditure. All expenditure is accounted for on an accruals basis and
has been classified under headings that aggregate all costs related to the category.
io

ELIFAR FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
Aceounting policie5 (continued)
1.6 Cash and cash equivalents
Cash and cash equivalents includ¢ cash in hand, deposits held at call with banks, other short-term
liquid investments with original maturities of three nionths or less, and bank overdrafts. Bank
overdrafts are shown within borrowings in current liabilities.
1.7 Financial instruments
The charity has elected to apply the provisions of Section I I 'Basic Financial Instrnments, and
Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when th¢ charity becomes party to
the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial staternents,
when there is a legally enforceable right to set off the r¢cognised amounts and there is an intention
to settle on a net basis or to realise the asset and settl¢ the liability simultaneously.
Basicfinancial assets
Basic financial assets, which includ¢ debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a financing transaction. where the
transactioll Is measured at the present value of th¢ future receipts discounted at a market rate of
interest. Financial assets classified as receivable within on¢ year are not amortised.
Basicfinancial liabili¢ies
Basic financial liabilities, including creditors and bank loans are initially r¢cognised at transaction
price unless the arrangement constitutes a financing transaction, where the debt instrument is
measured at the present value of the future payments discounted at a market rate of interest. Financial
liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently ca￿Led at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary
course of operations from suppliers. Amounts payable are classified as current liabilities if payment
is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are
recognised initially at transaction price and subsequently measured at amortised cost using the
effective interest method.
Derecognition offinancial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire OT are
discharged or cancelled.
1.8 Irrecoverable VAT
Inecoverable VAT is charged against the category of resources expend¢d for which it was incu￿ed.

ELIFAR FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
Accounting policies (continued)
1.9 Charitable aetivities
Costs of charitable activities include grants made.
1.10 Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake
charitable activities. Support ¢ost5 include back office costs, finance, personnel and governance costs
which support the charity's activities. All support and governance costs relate to ¢xp¢nditui¢ on
haritable activities and have been allocated accordingly.
Donations and legacle$
Unrestricted
funds
Restrl¢ttd
funds
2025
Total
2024
Total
Donations and legacies
Revcap Thames Bridges Event September 2024
RWGC Event October 2024
Christmas Appeals
Propski Events
Lindon-Travers Memorial Race Days
Revo Award Ceremony Events
Accessible Retail Golf Day June 2024
PropGolf Event June 2024
Fantasy Football {FMX)
Surveyor Sevens RugbyNetball May 2024
Thames Walk Septembei 2023
S Murphy donation
GCW donation
Brickworks Gig June 2023
Sherrards donation
Other donations
Gift aid
34,913
19,285
15,088
12,066
10,287
4,672
3,791
2,433
450
34,913
19,285
15,088
12,066
10.287
4,672
3,791
2,433
450
26,778
10,795
11,975
1,905
463
5,115
5,028
5.000
2,668
2,334
1,064
4.805
3.571
3.565
4,921
3.565
4,921
111.471
111,471
81,501
12

ELIFAR FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
Charitable actAvities
Unrestricted Restricted
funds
funds
2025
Total
2024
Total
Elifar challenge income
71.243
71,243
79,082
Other trading activities
Unrestricted Restricted
funds
funds
2025
Total
2024
Total
Sale of Christmas cards
669
Investment ineome
Unrestrictcd Restricted
funds
funds
2025
2024
Bank interest receivable
1,991
1,991
359
Expenditure on raising funds
2025
2024
Marketing expenses
Elifar challenge expenses
1,763
14,719
1,050
25,763
16,482
26,813
The Elifar Challenge is a fundraising corporate activity event run by th¢ charity.
Expenditure on charitable activities
Unrestricted Restricted Total
funds
funds
2025
Total
2024
For th¢ y¢ar ended 31 May 2025..
Grants paid/approved
Support and governance costs (s¢¢ not¢ 8)
231,550
17.019
908 232,458
17,019
81,455
16.919
248,569
908 249,477
98,374
13

ELIFAR FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
Ailoeation of support and governance costs
The charity initially identifies the costs of its support functions. It then identifies those costs which
relate to the governance function.
Support Governance
costs
costs
Total
2025
Total
2024
Administrative assistance
Office costs
Insurance
Bank charges
Independent examiner's fee
15.256
120
592
61
15,256
120
592
61
990
14,256
1,020
592
61
990
990
Total support and governance costs
16,029
990 17,019
16,919
All support and governance costs are incU￿ed in connection with charitable activities and hav¢ been
allocated accordingly.
Independent examiner's remuneration
The remun¢ration constituted an independent examination fee of £990 (2024.. £990).
10.
Directors, remuneration
No director or any person ¢onn¢ct¢d with a director has received or is due to r¢c¢ive any remuneration
or expenses for the y¢ar dtrectly or indirectly from the Charity's fund5.
11. Debtors
2025
2024
Trade debtors
Prepaymcnts
Other debtors
49,375
9,476
5,000
38,058
681
3,900
63.851
42,639
14

ELIFAR FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
12. Creditors: amounts falling due within one year
2025
2024
Trade creditors
Grants payabl¢
Accruals
Deferred income (see note 13)
1,254
59,938
990
79,000
990
65,979
139,928
68,223
13. Deferred income
Deferred inconie comprises funds r¢c¢iv¢d in advance of fundraising events held after the year end.
2025
Balance as at l Jun¢ 2024
Movement in th¢ year
65,979
13,021
Balance as at 31 May 2025
79,000
14. Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended
balances of donations and grants held on trust for specific purposes:
Year ended 31 May 2025
Movement in funds
Incoming
Resources Balance at 31
resources
expended
May 2025
Balance at I
June 2024
Restricted funds
9,813
(908)
8,905
Year ended 31 May 2024
Movement in funds
Incoming
Resources Balance at 31
resources
expended
May 2024
Balance at I
June 2023
Restricted funds
16,373
(6,560)
9.813
15

ELIFAR FOUNDATIOIN LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
The restricted funds are donations received from BPS Foundation to provide grants for applications in
Lambeih and Wandsworth.
15. Analysis of net assets betTrveen funds
Unrestricted
funds
Restricted
funds
Total
2025
Total
2024
Fund balances at 31 May 2025 are
represented by..
Curren¢ assets/(liabilities)
11,364
8,905
20,269
83,523
11,364
8,905
20,269
83,523
Unrestricted
funds
Restricted
funds
Total
2024
Total
2023
Fund balances at 31 May 2024 are
rcpresented by..
Cu￿ent assetsl(liabiliti¢s)
73,710
9,813
83,523
30,199
73,710
9,813
83,523
30,199
16,
Company limited by guarantee
The limit of the total guarantees of the members of the company arnount¢d to a maximum of £50 at
the beginning of thc year and £70 at the end of the year.
17. Taxation
As a charity the organisation is exempt from UK corporation tax to the extent that its income is
applied to its charitable objects. No liability arose in the period.
16

ELIFAR FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
18. Related party transactions
During the year the charity received corporate donations of £18.200 (2024.. £18,250) from Revcap
Advisors Limited. The trustee W J Killick is a director of Revcap Advisors Limited.
During the year the charity received corporate donations of £12,900 (2024: £3,950) from Macdonald
& Company Group Limited. The trustee P Moore is a director of Macdonald & Company Group
Limited.
During the year the charity received corporate donations of £1,250 (2024.. £1,975) from Fawcett
Mead Limited. The trust¢e J Mead is a dii'ector of Fawcett Mead Limited.
During the year the charity received corporat¢ donations of £7.900 (2024.. £Nil) froni FMX Urban
Property Advisors. The trustee J Mead is a partn¢r of FMX Urban Propety Advisors.
During the year the chiirity r¢c¢ived corporate donations of £5,200 (2024: £3,950) from Lunson
Mitchenall Limit¢d. The irnstee N Hockin is a director of Lunson Mitchenall Limited.
17