**Registered number: 08556057 Charity numbers: 1152978 & SC048075**
## **GIVE US TIME**
**(A Company Limited by Guarantee)**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **GIVE US TIME**
## **(A Company Limited by Guarantee)**
## **CONTENTS**
||Page|
|---|---|
|**Reference and Administrative Details of the Charity, its Trustees and Advisers**|1|
|**Trustees' Report**|2 - 4|
|**Independent Examiner's Report**|5 - 6|
|**Statement of Financial Activities**|7|
|**Balance Sheet**|8|
|**Notes to the Financial Statements**|9 - 18|
**(A Company Limited by Guarantee)**
## **GIVE US TIME**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|**Trustees**|Mr R L Coombes (appointed 6 September 2023)|
|---|---|
||Mrs H Kendrick (resigned 14 November 2023)|
||Mr M O Rogers|
||Captain J Singh-Sohal|
||Mr S Taylor|
||Mrs J M Ulrich Forsennius (appointed 16 January 2024)|
||Mr P B Watson|
|**Company Registered**
**Number**
08556057
**Charity Registered**
**Numbers**
1152978 and SC048075
**Registered Office**
81 Great Titchfield Street
London
W1W 6RD
**Accountants**
Streets Chartered Accountants
3 Wellbrook Road
Girton
Cambridge
CB3 0NA
**Bankers**
Santander
Bridle Road
Bootle
Merseyside
L30 4GB||
Page 1
## **GIVE US TIME**
## **(A Company Limited by Guarantee)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024**
The trustees present their annual report together with the financial statements of Give Us Time for the year 1 October 2023 to 30 September 2024. 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).
In preparing this report, the trustees have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.
## **Objectives and Activities**
## **Policies and Objectives**
The objects of the Charity are to support armed forces personnel, their families and veterans through such charitable means as the trustees think fit and in particular:
- To support the morale of the armed forces personnel by giving support to their family units.
- To assist service families especially, but not exclusively those who have suffered loss or injury.
- To help both armed forces personnel and their families make the transition from military to civilian life; and to relive serving and former members of the armed forces and their dependants who are in need by virtue of their physical or mental health or their economic circumstances.
In setting the Charity’s objectives and planning its activities, the trustees have given careful consideration to and have complied with the Charities Act 2011, the Charity Commission’s and OSCR’s general guidance on public benefit.
## **Achievements and Performance**
## **Business Support**
The principal staff have provided continuity and have undergone specialist training to enable them to interact effectively with beneficiaries suffering from PTSD. We continue to benefit from our relationship with Black Arts Media, who enhance the quality of our public relations and media products; we are extremely grateful for their generous support.
## **Respite Breaks**
The Charity managed to increase the provision of individual breaks and the number of beneficiaries supported.
## **Fundraising Activities**
The number and scope of fundraising events and the diversification of our funding streams, including corporate approaches, has helped to maintain an income: there remains a need to recover ground and restore reserves. Collections, on our behalf, by accommodation donors have been reinvigorated and should assist us next year.
## **Grants and Donations**
We were fortunate to receive funds from the Veterans’ Foundation, Barclays, The Army Benevolent Fund, The Richardson Foundation, The HDH Wills Charitable Trust, The Army Central Fund, the Albert Hunt Trust, the Clocktower Foundation, the National Lottery and a number of individual donations.
Page 2
**(A Company Limited by Guarantee)**
## **GIVE US TIME**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **Donor Engagement**
There was an increase in the number of breaks in the year ended 30 September 2024. The principal donors were: Largo Leisure, Medow Bay, Idiliq, Park Holidays UK, Balkan Jewel, Away Resorts, Cosy Guest House, Bryn eira Stables, Kittiwake House in Casamaggiroe, Bosington Hall, Embleton Spa and Hotel, and LSL Cottage. The Group break in Bulgaria continues to be a great success.
Individual rooms, apartments or houses were available for family respite breaks in the UK, Austria, Bulgaria, Italy, Spain, and Turkey.
Wider engagement to find new donors, for week long breaks, continues and we have delivered some short breaks and day trips to venues including Alton Towers, Flamingo Land Edinburgh Zoo, Fantasy Island and Lincolnshire Wildlife Park. Our search for an airline sponsor continues.
## **Marketing and Communication**
Brand awareness continues to grow within the sector and we continue to focus our efforts on finding the gatekeepers that will enable us to reach appropriate beneficiaries, accommodation and financial donors. Our network with the MoDs Tri Service welfare and recovery organisations and relevant service charities continues and the number of appropriate referrals is growing.
The Charity celebrated its 10[th] anniversary by hosting an event which raised our profile, thanked key donors and, importantly raised all important funds for the charity.
The charity continued to enjoy some positive press coverage, articles have been published in local and National print media, including the Metro, and trade publications associated with tourism. Our social media efforts continue to expand in scope and scale including podcasts: our following continues to grow.
## **Financial Review**
## **Reserves Policy**
The results for the year and the Charity’s financial position at the end of the period are shown in the attached financial statements. The charity held unrestricted funds at 30 September 2024 of £107,372 . The trustees consider there to be sufficient reserves at the year end.
Monies received in year have been spent on facilitating our beneficiaries’ respite breaks, compliance, maintaining the Charity’s limited infrastructure and ensuring efficient and effective business support.
## **Structure, Governance and Management**
## **Constitution**
Give Us Time is a registered charity in England and Wales, number 1152978, and in Scotland, number SC048075, and is also a company limited by guarantee, company registration number 08556057.
Trustees are appointed in accordance with the articles of association. No trustee has any beneficial interest in the charitable company. All directors are members and guarantee to contribute £1 in the event of a winding up.
## **Plans for Future Periods**
The intention is to increase our ability to provide breaks in the UK and abroad. We will continue our endeavours to broaden our donor base (both finance and accommodation) so that we can assist more beneficiaries in the coming years and run a pilot which aims to enhance the resilience of families.
Page 3
## **GIVE US TIME**
## **(A Company Limited by Guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **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.
Approved by order of the members of the board of Trustees on 18 February 2025 and signed on their behalf by:
**M O Rogers Chair of Trustees**
Page 4
## **GIVE US TIME**
## **(A Company Limited by Guarantee)**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **Independent Examiner's Report to the Trustees of Give Us Time ('the Charity')**
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 30 September 2024.
## **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 Charities and Trustee Investment (Scotland) Act 2005 ('the 2005 Act'), the Charities Accounts (Scotland) Regulations 2006 (as amended) ('the 2006 Accounts Regulations') and the Companies Act 2006 ('the 2006 Act'). You are satisfied that the accounts of the Charity are not required by charity or company law to be audited and have chosen instead to have an independent examination.
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 44(1)(c) of the 2005 Act and section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the requirements of Regulation 11 of the 2006 Accounts Regulations and the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent Examiner's Statement**
Since the Charity is required by company law to prepare its accounts on an accruals basis and is registered as a charity in Scotland your examiner must be a member of a body listed in Regulation 11(2) of the 2006 Accounts Regulations. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW, which is one of the listed bodies.
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 and Regulation 4 of the 2006 Accounts Regulations; or
2. the accounts do not accord with those records and with the accounting requirements of Regulation 8 of the 2006 Accounts Regulations; 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.
Page 5
## **GIVE US TIME**
## **(A Company Limited by Guarantee)**
## **INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024**
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 and Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. 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: Dated: 17 March 2025
Robert Anderson FCA
**Streets Chartered Accountants** 3 Wellbrook Road Girton Cambridge CB3 0NA
Page 6
## **GIVE US TIME**
## **(A Company Limited by Guarantee)**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|**Note**
**Income from:**
Donations and legacies
3
Other trading activities:
4
_._ Fundraising
Investments
5
**Total income**
**Expenditure on:**
Raising funds
6
Charitable activities
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2024**
**£**
**172,709**
**29,643**
**7,527**
**209,879**
**29,125**
**179,786**
**208,911**
**968**
**106,404**
**968**
**107,372**|**Restricted**
**funds**
**2024**
**£**
**30,000**
**-**
**-**
**30,000**
**-**
**39,762**
**39,762**
**(9,762)**
**9,762**
**(9,762)**
**-**|**Total**
**funds**
**2024**
**£**
**202,709**
**29,643**
**7,527**
**239,879**
**29,125**
**219,548**
**248,673**
**(8,794)**
**116,166**
**(8,794)**
**107,372**|_Total_
_funds_
_2023_
_£_
_172,890_
_25,733_
_5,629_
_204,252_|
|---|---|---|---|---|
|||||_5,966_
_186,283_
_192,249_|
|||||_12,003_|
|||||_104,163_
_12,003_
_116,166_|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 9 to 18 form part of these financial statements.
Page 7
## **GIVE US TIME (A Company Limited by Guarantee) REGISTERED NUMBER: 08556057**
## **BALANCE SHEET AS AT 30 SEPTEMBER 2024**
||||**2024**|**2024**|_2023_|
|---|---|---|---|---|---|
||**Note**||**£**||_£_|
|**Current assets**||||||
|Debtors|11|**2,427**||_9,552_||
|Cash at bank and in hand||**109,989**||_110,158_||
|||**112,416**||_119,710_||
|Creditors: amounts falling due within one||||||
|year|12|**(5,044)**||_(3,544)_||
|**Net current assets**|||**107,372**||_116,166_|
|**Total assets less current liabilities**|||**107,372**||_116,166_|
|**Total net assets**|||**107,372**||_116,166_|
|**Charity funds**||||||
|Restricted funds|13||**-**||_9,762_|
|Unrestricted funds|13||**107,372**||_106,404_|
|**Total funds**|||**107,372**||_116,166_|
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 18 February 2025 and signed on their behalf by:
## **Mr P B Watson Trustee**
The notes on pages 9 to 18 form part of these financial statements.
Page 8
## **GIVE US TIME**
## **(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **1. General information**
The Charity is a company limited by guarantee. The members are the trustees named on page 1. 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 Charity's registered office is at 81 Great Titchfield Street, London, England, W1W 6RD.
## **2. 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 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Give Us Time 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 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.
On receipt, donated breaks and holidays 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.
Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.
## **2.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The Charity has a single activity being the provision of holidays to military personnel.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
Page 9
**(A Company Limited by Guarantee)**
## **GIVE US TIME**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **2. Accounting policies (continued)**
## **2.4 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
## **2.5 Debtors**
Prepayments are valued at the amount prepaid net of any trade discounts due.
## **2.6 Cash at bank and in hand**
Cash at bank and in hand represents cash held in current and deposit accounts and petty cash held.
## **2.7 Liabilities**
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement 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.
## **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.
## **2.9 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Page 10
## **GIVE US TIME**
## **(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **3. Income from donations and legacies**
|Grants and Donations
Gifts in Kind - Breaks
**Total 2024**
**4.**
**Income from other trading activities**
**Income from fundraising events**|**Unrestricted**
**funds**
**2024**
**£**
51,680
121,029
172,709|**Restricted**
**funds**
**2024**
**£**
30,000
-
30,000|**Total**
**funds**
**2024**
**£**
**81,680**
**121,029**
**202,709**|_Total_
_funds_
_2023_
_£_
_87,262_
_85,628_
_172,890_|
|---|---|---|---|---|
||||||
|Fundraising Events
**5.**
**Investment income**
Bank Interest Receivable|**Unrestricted**
**funds**
**2024**
**£**
29,643
29,643
**Unrestricted**
**funds**
**2024**
**£**
7,527
7,527|**Total**
**funds**
**2024**
**£**
**29,643**
**29,643**
**Total**
**funds**
**2024**
**£**
**7,527**
**7,527**|_Total_
_funds_
_2023_
_£_
_25,733_
_25,733_|
|---|---|---|---|
||||_Total_
_funds_
_2023_
_£_
_5,629_
_5,629_|
Page 11
## **GIVE US TIME**
## **(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **6. Expenditure on raising funds**
## **Fundraising trading expenses**
||**Unrestricted**|**Total**|_Total_|
|---|---|---|---|
||**funds**|**funds**|_funds_|
||**2024**|**2024**|_2023_|
||**£**|**£**|_£_|
|Fundraising Events|29,125|**29,125**|_5,966_|
## **7. Analysis of expenditure by activities**
|Charitable Activity Costs|**Activities**
**undertaken**
**2024**
**£**
219,548
219,548|**Total**
**funds**
**2024**
**£**
**219,548**
**219,548**|_Total_
_funds_
_2023_
_£_
_186,283_
_186,283_|
|---|---|---|---|
Page 12
**GIVE US TIME**
**(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **7. Analysis of expenditure by activities (continued)**
## **Analysis of direct costs**
|Wages and Salaries
Rent
Other Office Costs
IT Services and Website
Charity Manager and Administrative Support Costs
Bank Charges
Travel and Accomodation Expenses for Beneficiaries
Break Costs - Gifts in Kind
Accountancy and Independent Examination Fees
Legal and Professional Fees
Marketing Expenses|**Total**
**funds**
**2024**
**£**
**48,836**
**12,000**
**2,664**
**1,309**
**24,618**
**-**
**6,678**
**121,029**
**2,194**
**-**
**220**
**219,548**|_Total_
_funds_
_2023_
_£_
_39,406_
_12,000_
_1,925_
_18,737_
_19,978_
_10_
_5,705_
_85,628_
_2,070_
_350_
_474_
_186,283_|
|---|---|---|
The costs above include costs which are both direct and support in nature.
Break Costs - Gifts in Kind represents the estimated value of donated holidays. A corresponding amount is included in note 3.
## **8. Independent examiner's remuneration**
The independent examiner's remuneration amounts to an independent examiner fee of £1,000 _(2023 - £990)_ , and accounts preparation services of £1,194 ( _2023_ - _£1,080_ ).
Page 13
**GIVE US TIME**
**(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **9. Staff costs**
|**2024**
**£**
Salaries and on-costs
**48,836**
**48,836**
The average number of persons employed by the Charity during the year was as follows:
**2024**
Adminstrative
**2.0**
No employee received remuneration amounting to more than £60,000 in either year.|_2023_
_£_
_39,406_|
|---|---|
||_39,406_|
||_2023_
_1.3_|
|||
## **10. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2023 - £NIL)_ .
During the year ended 30 September 2024, no Trustee expenses have been incurred _(2023 - £NIL)_ .
## **11. Debtors**
|**Due within one year**
Prepayments and accrued income|**2024**
**£**
**2,427**
**2,427**|_2023_
_£_
_9,552_|
|---|---|---|
|||_9,552_|
## **12. Creditors: Amounts falling due within one year**
|Accruals|**2024**
**£**
**5,044**
**5,044**|_2023_
_£_
_3,544_|
|---|---|---|
|||_3,544_|
Page 14
## **GIVE US TIME**
## **(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **13. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted Funds**
General Funds
**Restricted Funds**
Veteran's Foundation
Lloyds Foundation
Army Benevolent Fund
**Total of Funds**|**Balance at 1**
**October**
**2023**
**£**
**106,404**
**-**
**9,762**
**-**
**9,762**
**116,166**|**Income**
**£**
**209,879**
**20,000**
**-**
**10,000**
**30,000**
**239,879**|**Expenditure**
**£**
**(208,911)**
**(20,000)**
**(9,762)**
**(10,000)**
**(39,762)**
**(248,673)**|**Balance at**
**30**
**September**
**2024**
**£**
**107,372**|
|---|---|---|---|---|
|||||**-**
**-**
**-**
**-**|
|||||**107,372**|
## **Restricted Funds:**
Funding received from the Veteran's Foundation was provided to assist with the costs of a new website.
Funding received from the Army Benevolent Fund and the Lloyds Foundation was provided to support the costs of an additional employee.
Page 15
## **GIVE US TIME**
## **(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **13. Statement of funds (continued)**
## **Statement of funds - prior year**
|**Unrestricted Funds**
General Funds
**Restricted Funds**
Veteran's Foundation
Lloyds Foundation
**Total of Funds**
**Summary of funds**
**Summary of funds - current year**
General funds
Restricted funds|_Balance at_
_1 October_
_2022_
_£_
_104,163_
_-_
_-_
_-_
_104,163_
**Balance at 1**
**October**
**2023**
**£**
**106,404**
**9,762**
**116,166**|_Income_
_£_
_182,752_
_6,500_
_15,000_
_21,500_
_204,252_
**Income**
**£**
**209,879**
**30,000**
**239,879**|_Expenditure_
_£_
_(180,511)_
_(6,500)_
_(5,238)_
_(11,738)_
_(192,249)_
**Expenditure**
**£**
**(208,911)**
**(39,762)**
**(248,673)**|_Balance at_
_30_
_September_
_2023_
_£_
_106,404_|
|---|---|---|---|---|
|||||_-_
_9,762_
_9,762_|
|||||_116,166_|
|||||**Balance at**
**30**
**September**
**2024**
**£**
**107,372**
**-**
**107,372**|
## **14. Summary of funds**
Page 16
## **GIVE US TIME**
## **(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **14. Summary of funds (continued)**
**Summary of funds - prior year**
|||||||||_Balance at_|
|---|---|---|---|---|---|---|---|---|
||_Balance at_|||||||_30_|
||_1 October_|||||||_September_|
||_2022_||_Income_||_Expenditure_|||_2023_|
||_£_||_£_||_£_|||_£_|
|General funds|_104,163_||_182,752_||_(180,511)_|||_106,404_|
|Restricted funds|_-_||_21,500_||_(11,738)_|||_9,762_|
||_104,163_||_204,252_||_(192,249)_|||_116,166_|
||||||||||
|**Analysis of net assets between funds**|||||||||
|**Analysis of net assets between funds**|**- current period**||||||||
||||||**Unrestricted**|||**Total**|
||||||**funds**|||**funds**|
||||||**2024**|||**2024**|
||||||**£**|||**£**|
|Current assets|||||112,416|||**112,416**|
|Creditors due within one year|||||(5,044)|||**(5,044)**|
|**Total**|||||107,372|||**107,372**|
## **15. Analysis of net assets between funds**
|**Analysis of net assets between funds - prior period**
Current assets
Creditors due within one year
**Total**|_Unrestricted_
_funds_
_2023_
_£_
_109,948_
_(3,544)_
_106,404_|_Restricted_
_funds_
_2023_
_£_
_9,762_
_-_
_9,762_|_Total_
_funds_
_2023_
_£_
_119,710_
_(3,544)_
_116,166_|
|---|---|---|---|
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## **GIVE US TIME**
## **(A Company Limited by Guarantee)**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **16. Related party transactions**
The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 30 September 2024.
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