I .IFT GIVE IT FORWARD TODAY (A Company Llmlted by Guarantee) REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2024 Company Registration No: 08439369 Registered Charity No: 1153393 ish utures fafflity membefoIthE GIVE Ir FORWARD TODAY YEAR ENDED 31 DECEMBER 2024 LEGAL AND ADMINISTRATIVE INFORMATION Trvstee5: Rabbl N Schlff Mr N Blalr Mr H Jackson Ms L Moshal Mr H Talb - resigned 5 November 2024 Charlty registratlon number 1153393 Company reglslrallon number: 08439369 Correspondence address: Mounlcliff House 154 Brent Streel London NW4 2DR Avdltor. Goldwins Llmited 75 Maygrove Road London NW6 2EG GIVE IT FORWARD TODAY YEAR ENDED 31 DECEMBER 2024 CONTENTS Page No Report of the Trvstees 1-9 Report of Ihe Independent Audltor Statement of Flnanclal Acllvllles 14 Balance Sheet 15 statement of Cash Flow 16 Noles to Ihe Finoncial Statements 17-24 GIVE IT FORWARD TODAY YEAR ENDED 31 DECEMBER 2024 GIFT'S MISSION AND VISION GI￿,5 mission to inspire and enab￿ lrfelong giving. At GI￿. we transform lives by engaging the wmmunty in giving. Through education and volunteering. we use the power of philanthropy to create lrfe-changing impact for l)oth givers and receivers. We work across London, Manchester and Israel. predominantly with young people, educatlng them, to instil in our present and future community the values of doing good deeds and making a drfference. Our vision and programming is aimed at building a communty of givers. creating a healthy and sustsinable community and continue to help those most in need. GIFT delivers its mission through 8ducation and volunteering programmes. The volunteering programmes are designed to engage people in supporting the communities most vulnerable. GI￿ was originally established to address an issue that we witnessed both within the Jewish communty and in wider society: a lack of engagement in communal and societsl structure. and a disinclination to help those in need. GI￿ exists to address this issue. and to provide ways for people to volunteer their time and energy - and through their experiences and leaming to make them into lrfelong givers. GIFT'S reach extends from primary schools to universities. %￿rkplaCeS to S￿lagcou8 communities, young professionals to grandparents. We are proud that we inspire people of all ages, backgrounds and religious observance. GIVE IT FORWARD TODAY YEAR ENDED 31 DECEMBER 2024 PRINCIPAL ACTIVITIES Give It Forward Today (GIFT) is a company limited by guarantee and a registered charity. GIFT is governed by the Memorandum and Articles incorporaled 11 Mard) 2013 as amended by specSal resolution regist8red at Companies House on 19 July 2013. GIFT delivers its mission through education and volunteering programmes. The volunteering programmes are designed to engage people in supporting the communities most vulnerable. Though primarily established to support the Jewish communty. we support any household which approaches us. regardless of bad(ground or faith. From the GIFT Hub, we sort donated items, and pack and distribute food parcels both locally artd across London. Since our founding 21 years ago. we have... dlstributed 870.000+ essential food parcels engaged 40,500+ volunteers delivered 17,150+ sessK)ns in schools hosted 7,100+ packing sessions During 2024. our growth has been signffi¢ant' we ... We engaged 8.600 indivtduals in volunteering. (7.150 in 2023) We delivered 1,550 sessions in schools. (1.450 in 2023) We clocked 62.500 individual volunteering hours. (59,000 in 2023) 750h of community schools were inspired with GIFT education Sessions 760 students, across 23 schools. completed the Year 6 Gmng Course £1.25 million of Grft in Kind donations received from the community £980,000 worth of food distributed to vulnerable households 2024 STATS *IUMBER OF VOWNTEERS ENGAGED 5ESS10115 IN 5CHOOL5 DELIVERÈD FOOD PACKIIIG SESSIONS HOSTED HOT MEAiS PIEEPAttED FOOD PARCELS PACKED AND DisfRI•iITED NVPABFR OF HOURS VOL11tr4TEERED 8,600 1.550 850 22,500 84,500 62.500. 2023_7,150 X)23_ 1.4Y) 2023- 840 23_ 15.( 23- 73.320 23- 59,(XX) GIVE IT FORWARD TODAY YEAR ENDED 31 DECEMBER 2024 Below we are proud to note further high1￿hts from our work a¢ross 2024 EDUCATION Education is delivered through courses and once-off sessions in Primary and Secondary schools, unlversitles. learning programmes in communlties. and the use of media through the production of videos. several Podcasts and social media. Some speclflc examples of •dU&￿10n sesslons we delivered In 2024: The Year 6 GNing Course. This Immersive 6-week course is a rite of passage for year 6 students and was delivered lo 700+ year-six students. Hands-on learn-and-do sessions for students tn high schools. Working in the maN)rity of hrgh schools, students work on practical giving projects. We have run 210+ sessions in schools this year. Days of Giving pr(yJramme for Year 10 engaging 400+ students in inlensive giving activities over 5 days with complementary education programming. Brighton volunteering trips where young people engaged in intense volunteering and education sessions over three days. Sparks of Gr¥ing videos - 1,000+ li￿enerS weekly. Our recently released The Philosophy of Giving. podcast weaves psychology and philosophy together. and provides weekly education to adults worfdwKI8. MO￿ than 400 students volunteer each week through the Yoni Jesner, Duke of Edinburgh and Bnei Mi￿ah programmes. GIFT Summer camps run in London, Manchester and Israel. Primary sch(K)l aged children spend a week of the summer leaming a￿ut giving and doing practical volunteering projects and activities in their thal communities. A newly designed Year 5 course. trialled in 2024 in 6 schoots. about Positive Speech. Culminating in care home visits. GIVE IT FORWARD TODAY YEAR ENDED 31 DECEMBER 2024 VOLUNTEERING GIFT has many programmes designed to engage volunteers in meaningful giving experiences. The programmes are developed to help some of the most vulnerable of our communty. and the wider vnrld. We also v￿rk wtth schools and indivKluals to support them in 'incubating' thelr own charity projects. Some of our most successful volunteer initiatives have been started this way. A selection of volunteering programm8s Ihat took place in 2024 indude: The launch of the GIFf hub. in Mountcliff House. Brent Street, providing an activity place for volunteer projects. a food hub for volunteer collecting. sorting and packing activities and locker mechanism to facilities efficient deliver￿. 84,500 food parcels were packed by volunteers in our Food Hub. These were delivered weekly to 500+ households. Hundreds of volunteers ranged in ages and included groups of young profeSS￿nals, families. t88nag8rs and adults. 22,500 meals were prepared in our Giving Kitchen. 60+ Volunteers attend weekty cooklng sessions wher8 hot. nutritious Mea￿ are delivered to 400+ vulnerable households. In both London and Tel Aviv GIFT run projects feeding the homeless of the city. The Tel Aviv project has been going since March 2024. and the London initiative was launched on Christmas eve this year. 140 teenagers cooked. p￿pared and dèlivered meals to hom818SS people. This is set to be a bi-monthly project. Incubator projttts -we work wtth young people nurturing projects at their earfiest stag8S to help the community. empower young peop18. and develop leadership skills. Some examples: B8yond the Label - a fashion show for women and girls who have experienced real challenges, both physically and mentally. This event is a sell-out, and truly celebrates the power arKI indiwdualty of women. It engages 50+ volunteers who give their services for free induding styling. clothe5. hair arKJ make-up artists. Green Closet- Teenagers collect and sell clothes on apps for e.g. Vinted. The money raised is then used to purchase shopping vouchers for teenagers from our recipient familles who have not had the experien￿ of going to the shops to buy new clothes for themselves. GIVE IT FORWARD TODAY YEAR ENDED 31 DECEMBER 2024 OUR PARTNERSHIPS We continued to work closely with a w￿e range of partners. which have been devek>ped over several years and span a variety of sectors: Students from several senior schools packed food parcels at the GI￿ Hub. including: JFS, Yavneh College. Immanuel College and JCOSS. Hasmonean Boys. School and Hasmonean Girls. School Chariiies in the food poverty and volunteering sector, inGluding-. Duke of Edinburgh Award. Jewish Care. Fareshare. Food Bank and Cty Harvest London Synagogues who gamer the support of their communities in gathering and packing food parcels. including: Mill Hill United Synagogue. Central S￿agOgue and Hampstead Garden Suburb Synagogue and Hale Shuls Companies who host us at their office lo pack fcx)d parcels or lo inspire empk>yees to volunteer. including: EY, PWC. PA Consulting and Goldman Sachs Charities like Norwood, Kisharon (now KisharonLangdon). JAMI, and The Jewish Blind and Disabled charities. who benefit from our volunteers. and also get Opportunit￿ to engage their participants in giving activities Companies which donate unneeded food items to us. including: Tesco. Daniel's, Grodzinski, Morrisons and Sainsburvs COMMUNITY RESPONSETO GIFT The Trustees are delighted wtth the level of support and wodwill that GIFTS educational programmes and volunteering initiatives generate from the community in terns of hours. donated food and other items that are used to help the familTres in need. GIFT'S work continues to gain a high degree of ￿COgnItion and the Trustees are very pleased with the number of schools and ￿Mmunal organisations that actively seek out GIFT as a partner or educator. Accordingly, the Trustees are very satisfied with the progress made in the financial year. Whilst GIFT'S predominant charitable object is to focus on inspiring gmng. GIFT'S beneficiaries a placed in extremely high regard and the GIFT team works lirelessly to always ensure that confidentialty and discretion are well-maintained. Many recipients SLrffer with mental health challenges, financial problems. physical disabilities and leaming difficulties, creating very trying circumstances. Due to the ongoing cost-of-living crisis, the number of GI￿ beneficiaries has continued to in￿aSe year on year and we anticipate this to only continue. GIFT'S cooked meals via The Glving Kltchen have been a lrfeline to many. FINANCIAL REVIEW The Charity generat8d a profit for the year of £16,440 (2023: £743.478 loss). This reflects increased income from donations of £2.704.096 (2023: £1,536.406). As at 31 December 2024, the Charity had net reserves of £689,080 (2023: £672.640). The CharTty is supported by donors from across the communty, ranging from young professÈonals to major donors. We activety fundraise across all income streams: individuals, corporate sponsors. trusts and f(xJndations. and events. GIVE IT FORWARD TODAY YEAR ENDED 31 DECEMBER 2024 We lake care to build wami. direct relationships with our funders and through effectrve C￿MUnication about our work our aspirations. The support GI￿ receives leverages many times its value in volunteer acts and vital assistan given to those in need, showing young people that they can make a difference in creating a rnre givlng and caring society. Income is received through charitable donations. The Trustees apply these funds for charilable purposes. at their discretion. All of the donations were applied for the direct purpose of fulfilling GIFfs objectives. Various charity administrative expenses included pa￿11 costs, insurance, rent and rates {on the warehouse (Hub) rented by the Charity to assist its operations) and cleaning. The charty relies on the generow of donors both of funds and gifts in kinds. The 2024 Gift in Kind totsl {£1,200,000) is significanlly up from 2023 (£1.074,000). Gift in Kind is calculated based on a methodology which values volunteer hours for payable services. as well as physical donations in kind which include food. toiletries, clothing, equipment and other goods. The swJnificant increase in 2023 occurred as a result of a number of factors: GIFfs strategy of encouraging the ￿mrnunty to be more giving led lo an increase in these donations, as well as further collections for Ukraine and most notably th8 collections. donated in the UK. which were sent to victims in Israel after October 7. Th8 level of support in these areas has been extremely gratrfying and has help8d the Charity maintain its support to households in need but the Trustees recognise the risks inherent with any form of fundraising or seeking support from the public. PAY POUCY FOR MANAGEMENT AND STAFF The Trustees set the pay and remuneratlon of employees. Including key management personnel, in line with a policy that ￿nsIderS the resources and needs of the Charity and also prevailing market rates for charbties of a similar size and nature. and the level of experience of the stsff member. In addition to this. levels of pay may be affected by the ability to recwit key management personnel and retain them in the post. which all coincides Imth the Chariws appointment and pay policies. All amendments to key management's pay and remuneration are discussed and agreed by the Trustees. While Trustees are considered key management personnel. no Trustee recerles any remuneration or is paid expenses for their services as a Twstee. FUNDRAISING The Charty is commltted lo the h￿he$l slandards in fundralsing. At all tlmes we ensure Ihat V￿ are resp8Ctful, open. hon8St and accountable lo our supporters. Our fundraising is personal and targeted and is primarily focused on individuals and institutions who have expressed interest in our work. We do not engage in fundraising activities like mass mailings or door-to-door campaigns but focus on campaigns that tsrget those who have an interest in the work that GIFT does. Fundraising is led by the Managing Director. the Founding Director and occasionally the Communty Engagement Officer. The Twstees provide oversight of fundraising strategy and dellvery. The Fundraising Team aims to adhere to methods of best practÈce includirKJ the Fundraising R8gulator's Code of Fundraising Practice. GIVE IT FORWARD TODAY YEAR ENDED 31 DECEMBER 2024 In 2024 GIFf held a 20th anniversary fundraising dinner. This event was successful in raising money from new donors, but also successful in signtficant]y raising the profile of GI￿. Later in the year we held a match-fund campaign raising £1.2 million from more than 7.000 donors. The Charity does not use third-party organisalions to raise funds. and under no circumstan￿$ does the Charity share the personal infonnation of our supporters for the purposes of third-party marketing or prO￿$sing. There hav8 been no complaints about fundraising activibes reported in th8 year to 31 D8C8mber 2024. or subsequently. Th8 Charity is a signatory of the Fundraising Regulatorfs Code of Fundraising Practice. This code established in 2016 with an aim of setting and maintaining the stsndards for chariiable fundraising while ensuring that fundraising is respectful, open, honest and accountable to the public. All the Charitys fundraising activitk9s complies with the Fundraising Code and the Charity has agreed to adhere to the Code's requirement on handling any breaches of the Code or complaints about the Charitls fundraising activities. MARKEfiNG Regular efforts are made to infonn the public of GIFTS activiti8s and needs through traditional and social media. with campawJns at particular times of the year to encourage donations of fo￿￿ and funds. Gl￿'S extensNe actNtb'es in schools also help to increase the profile of the organisation wtihin the communty it serves. We have a growing presence on social media, which enables us to broaden our new volunteer cohorts. KEY RISKS AND UNCERTAINTIES The Trustees have assessed the rna￿r risks to ￿1¢h the Charty is exposed and are satBfied that systems are in place to mitigate exposure. The major risks facing th8 Charity are reviewed regularly at management meetings. Regular r8views of cash flow projections and budget forecasts are also undertaken, as well as a continual drive to manage expenditure. RESERVES The Charity needs free reserrfes lo fulfill its charitable obligations and o)mmtlments that It engages in to continue its mission. The Chanty also requires reserves to ensure continuance of these obligations in the eventualty of any unexpected revenue shortfall. As at 310ecember 2024 free reseDi8s werè £575,781, {2023 £549.448). The Trustees are Satisf￿ that the level of free reserves is adequate to deliver our programmes and resources. Our revised policy is to maintain 2-3 months of the annual cost base as f￿e reserves. The Board will continue to review the Charitys reserves and its policy annually: more frequently rf circumstances dictate. PLANS FOR THE FUTURE The main activities intended to be undertaken by the Charity will continue to be the provisK)n of regular educational and volunteering events in UK and Isra81. If funds permrt the Trustees aim to expand programmes to increase the number of opportunities, programmes and events that we can offer. We intend to continue to support households with food and other support. and to expand the number of r8gular and ad hoc volunteers ￿0M we 8nable to help the communty. GIVE IT FORWARD TODAY YEAR ENDED 31 DECEMBER 2024 In 2025 our plans include: _ Further development of programming at GIFT Volunteer Hub. ensuring the space is filled daily with engaging volunteering opportunitEs for all ages. Development of a Gharity giving app for young people. This has been confirmed and will involve 'white-labelling' an exssting charity giving app. Moving some of our key projects into new communities. As we do successfully with Central Synagogue, we feel this will extend our reach and allow us to provide meals to other Gommunity groups. We also have plans to run volunt8ering projects in partner organisations like JAMI and JBD. PUBLIC BENEFIT STATEMENT The Trustees confirm Ihat they have compli8d with the duty in Section 17 of the Charities Act 201110 have due regard to the Chanty Commission's general guidance on Charities and Public Benefit. TRUSTEES, RESPONSIBILMES STATEMENT The Trustees (who are also the Directors of GIFT for the purposes of company law) are responsible for preparing the Trustees. Annual Report and the financial statements in accordance with applicable law and regulations. Company law ￿qUireS the Twstees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 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 CharTty and the income and expenditure of the Charity for that period. In p￿paring these fina￿la1 ststements. the Trustees are required to: •select Suitab￿ accounting policies and then apply them consistently •observe the methods and prin￿pIeS in the Charities SORP •make judgments and accounting estimates that are reasonabie and pruderrt •prepare the financial statements on the going conc8m basis unless il is inappropriate to presume that the Charity will continue in operation. The Trustees are responsible for keeping adequate accounting records that a￿ Suffic￿nt to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the finanGial position of the Charity and enable them to ensure that the financial statements comply with the Compantes Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for tsklng reasonable steps for prevention and detection of fraud and other irregularities. GIVE IT FORWARD TODAY YEAR ENDED 31 DECEMBER 2024 AUDITOR Each of the persons is a Tnjstee at the dale of approv8A of thT5 rep(Kl corffinns that: •50 far as eath Trusteels aware, Iher8 18 no relevant audll Inf(xmation of ￿thIch th8 Ch8ritls audiky 18 unaware •each Trustee has taken dl steps Ihat they oughl to haye taken as a Trustee to make them *￿are of any relevant audit kn)f(￿ and to eslablksh that the Charitys auditor i¥ avrnre of thal informalion. Approved by the Board of Trusle8s on and on fts b•haif by Mr Neil Schrff (frustse) SIGNATURE: DAIE 27 GIVE IT FORWARD TODAY YEAR ENDED 31 DECEMBER 2024 INDEPENDENT AUDITORE REPORT TO THE MEMBERS OF GIVE IT FORWARD TODAY Oplnion We have audited the financial statements of Give It Forward Today for the year ended 31 December 2024 1knich comprise the Statement of Financial Activibes. the Balance Sheet. statement of cash flov and the related notes. The financial reFrt)rting framel￿rk that has been applied in their preparat￿n k% appI￿able law arKI United lfjngthxn knnting Standards, widuding FY)arKaal Repcffting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted A¢¢ounting Praclice)- Oplnlon on financlal statements In our opinion the financial statements: give a true and fair view of the stste of the charitsble Companys affairs as at 31 December 2024 and of its income and expenditure for the year then ended: have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice: and Basis for opinion We conducted our audit in a￿ordan￿ Nmth International Stsndards on Auditing (UK) {ISAs {UK)} and applicable law. Our responsibilities under those stsndards are further described in the Auditorfs responsibilitres for the audit of the financial statemerts section of our reFK)rL We are independent of the Charity in accordan￿ with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Slandard and we have futfilled our 0th8r ethical responsibilitles in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis forour opinion. Concluslons relallng to golng concem In audibng the fwwicial stat8merts. ￿ have CorKI￿ that the InL%tees' use of the ￿Ing ￿l(￿rn basis of accounting in the preparatton of the financial statements is appropriate. Based on the work we have perfomed. we hav8 not identifièd any material uncertainties relating to events or condit￿nS that, irKlpiidualty or collectively, may cast signifunt doubt on the charitys ability to continue as a going concem for a petN)d of at least twelve months from when the financial statements are authorised for issue. Our responsibirrties and the re5pon&bililies of the directors wilh resFect to going concem are described in the relevant sections of this report. Olhor Infomiation The trustees are responsible for the other informat￿. The other inf0m￿tion LY)mprises the infomiatDn included in the annual report other than the financial statements and our aUdit0￿S report thereon. Our opinion on the financial ststements does not cover the other infonnation and, except to the extent otherwise expliatly stated in our re￿. we do not express anyfonn of assuran￿ conclusion thereon. 10 GIVE IT FORWARD TODAY YEAR ENDED 31 DECEMBER 2024 INDEPENDENT AUDrroR1s REPORT TO THE MEMBERS OF GIVE IT FORWARD TODAY In connection with our audit of the financial slatements. our responsibilty is to réad the other infomiation and. in doing so. consider whether the other infomiation is materially inconsistent with the financial ststements or our kno￿edge obtsined in the audti or otherwise appears to be materially misststed. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misslatement of the other information. If. based on the work we have perfomied, we conclude thatth8re is a material misstatement of this other information. we are required to report that fad. We have nothing to report in this regard. Oplnlon on other matter prescrfbed by the Companies ￿t 2006 In our opinion. based on the work undertaken in the course of the audit: the infonnation grven in the trustees, report {incorFY)rating the directors. report) for the financial year for which the financial slatements are prepared is conslstent with the financial statements.. arKI the trustees, report {incorporating the directors, report) have been prepared in accordance with applicable legal requirements. Matter5 on which we are rewlred lo rnport by excepl In the light of the knowledge and understsnding of the Charity and ts environmeTrt obtained in the course of the audit, we have not identified material misstatements in the Trustees, Annual Report. We have nothing to report in respect of the following matters vthere the Companies Act 2006 requires us to report to you rf. in our opinion: adequate accounting records have not been kept or retums adequate for our audit have not been received from branches not visited by us: or the financial ststements a￿ nol in ag￿ernent Wtth the accounting records and returns,. or certain disdosures of trustees, remuneration specified by law are not made". or we have not received all the infonnation and explanat¥)ns we require for our audiL Responslbllides of the trustees As explained more fully in the Trustees. Responsibilities Ststement, the trustees (who are also the directors of the charitable company for th8 purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view and for such internal Control as they detennine is necessary to enable the preparation of financial statements that are free from material misstatement. whether due to fraud or error. In preparlng the financial statements. the twslees are responsible for assessing the Charitys ability to continue as a going concem. disclosing, as applicable. matters related to going concem and using the going concem basis of accounting unless the trustees either intend to liquidate the Charity or to c&ase operations. or hav8 no realistic atiernative but to do so. GIVE IT FORWARD TODAY YEAR ENDED 31 DECEMBER 2024 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF GIVE IT FORWARD TODAY Our r•sponslblllles for the audlt of the flnanclal stat￿￿nts Our objectives are to obtain reasonable assurancE about whetherthe financial statements as a whole are free from material misstatement. vthether due to fraud or error. and to issue an auditorfs report that indudès our opinKm. Reasonable assurance is a htgh18vel of assurance, but is not a guarantee that an audit conducted in ac(XJrdan￿ with ISNS (UK) Y￿11 d8tect a material misstatement vthen li exists. Misstatements can arise from fraud or error and are considered material rf, individually or in the aggregate, they could reasonably be expected to influence the econom￿ decisions of users taken on the basis of these financial statements. Irregularities. including fraud. are inslances of non-complian￿ with laws and regulations. We design procedures in line with our resFK)nsibilrties. outlined above, to detect material mi8slatem8nts in respect of irregularities. including fraud. The extent to which our procedu￿$ are capable of deteding irregularities, including fraud are set out below. In Identrfw'ng and assessing rtsks of material misstatement in respect of irregulartii8s, including fraud and non-compliance with iav•E and regulations. our procedures induded the following." We enquired of management. which included obtaining and revbewing supporting documentation. conceming the charitys policies and procedures relatiNJ lo: Detecting. evaluating, and comptying with laws and regulations and theywere avmre of any instances of non-compliance.. Detecting of the risks of fraud and ￿SpOnding whether they have knowledge of any actual or suspected fraud: The intemal controls in place to rnit￿ate risks related tofraud or nonpendtture} before net gains I (bsses) on investsywits 18.514 (2.074) 16.440 (743.4781 Nel gains l (losses) on invesbnents Net incomel(expenditwe) for the year 18,514 (2,074) 16.440 (743.478) Transfers betrmeen funds Net mov8ment ￿ fvnds 18.514 (2.074> 16 (743,478) Reconciliation of funds: Total funds brought foThvwd 626.513 46.127 672,fAO 1,416,118 Totsl funds canied forward I d the above results arB derivwj fr(¥n conlirwr4 athNfi•s. There there M other recognised gains or losses other than those stated aboNw. The attached noteB fom of th080 *alV￿r#s. 14 GIVE IT FORWARD TODAY Balance sheet As at 31 December 2024 2024 2024 2023 2023 Flxed assets: Tangible 8558ts 10 69,246 77,065 Currentassets: Debtors Cash at bank and in hand 11 179,484 158,489 771711 744.356 Uabilitles: Credltors: amounts falliThJ vAthln ¢Th Net current assets Totsl assets le5S fxwrent Ilthilles Total net assets 13 672.640 Funds Restrthd funds 14 053 46,127 Unrestrlcted funds: General funds Total unrestricted funds Totsl funds The 11n8￿la1 statem8rrts have been wepared kn ￿Xdan[x Mth the spedal Fyovlslons for srnall companies Lmder Part15 of the Comp￿leS Ac* 20[￿. roved bytha trustees on Itl ,.Izair d sign￿1 on their behalf ty. Nell Schlff Trustee CoTnpany reglstration no. 084393 The attached notes ftffii wt of tha finandal ststwnents. 15 GIVE IT FORWARD TODAY Statement of cash flows For the year ended 31 December 2024 Note 2024 2024 2023 2023 Cash flows from operating activits•s: Net cash prowded by l (used in) operating activiknes 15 7.360 (793,127) Cash flows from Invostlng acbvitles: Interesu r8nV diwdends from investments Purchase of propety. plant and 8quipm8nt equIpTh￿t (80.348) Cash prOvId￿ by l (used In) Invostlng actmtles (80,348) Cash flows from flnanclng actmtles: Repaymonts of borro%wng Cash infiows from now borrowng Cash provided by l (used in) financing actilryties Change In cash and cash ewNalents in the year {873,475) Cash and cash 8quivalents at the beginning of Ihe ￿ar 1.459,342 Cash and cash equivalents at th8 wd of the year 16 593,227 585.867 16 GIVE IT FORWARD TODAY Notes to the financlal statements Forthe year ended 31 December 2024 1 **countln9 pollcl•s a) Bas1$ of pr•paratlon The finan￿al sL*ements have been prepared in xc(xdarKe PKcounttNJ aThJ Repo￿n9 by Charftles". Statement of Reccrfnmended Praclice applicalle to ch7Ailies prepadng theSr accounts in accordance ￿ the Financial Rernrting Standard applicatrAe in the UK WKI Republic ￿ Irdand (FRS 102 - effectlve 1 January 2015} - {Charthes Si)RP FRS 102) and the compan￿ Act 2(Th. The charitable company r￿ets the defir¥I](￿ of a Publ￿ benefft entity under FRS 102. Assets and liabilities are Inltlally recognlsed at hisknical cost or transth￿ walue unless otheTh*ise ststed in the ￿nt accounlirwj or note. b) G04ng concem The trustees ccmsider that there are rn maieriaf uneatsntles atoul the charftable coMpan￿S atylty to continue as a going concem. The trustees do rK)t conswjer that there are any swrces of estimallon uneertainty at the reporting date that have a sIgn[fi&￿t risk of ¢ausing a materi81 *Jjusbnenl to the ¢8￿y1n9 an￿UnIS of assets and liabililies witlwn the r*xl reportlng perfod. c) In¢om• Income is recogntsed when the chadty has enliuement to the finls, any ptharKe condltlons att&hed to lh8 Sncom8 have been mgt, il is wobable that the inLXJWE will be recelved aTrJ that the w7￿Unt can be measured reliably. Income from gove￿Ont and other grwts. vh*ther 'capltal' ￿aniS c* 'revenu8' grants, rs rewjnised when the Charlty has entlllement to the fvnds, ary perfo￿a￿ cryxlitions attached to the &￿ts have been IW r( is probable that the income I￿11 be received and the arn￿nt can be rellably arwj is IK* deferred. Irmme received in advance for Ihe provision of specthed serylce Is deferred until the criteria for 1￿me recognitron are For leg8cles. entltlement Is tsken as the earber of the date on wthich eilher. the chaiity Is aware that wthle has been granted. the e$tsle has been finalrsed and notificatson has been made by thg executs(s) to the charity that a distributlon VAII be made. or then a dislribJtion is receNed from Ihe estate. Receipt of a legxy. In in par( is considered probable when the amount can be ￿￿vred relkAbty arnl the tharrty has been notified cl executc¢s b)tenlion to make a dislributton. Where legacies have been notified to the chty, ￿ the charity is avrdre of the grantir#J of probate. and th8 criteria for Inco￿ recognition have Tr)t been met. then the legary is a treated as a contingent asset and disc105ed rf materfal. Donations af gifts. s•Thl¢ts and la¢llltl•s Donated wofessional sely￿eS arnl d(¥￿ted ￿litIeS are rwi5ed as irKome the has cmtrol over thg item received the 5ervirE, any condi11(￿ associated wth the donalion have teen the receipt of ecoN)m￿ benefit from the use by the charity of the ith ￿ wobable arKI that benefft can be nwsured reliatAy. In accordan￿ with the Chartties SORP {FRS 102). volunteer time is rb)t recc*3rllsed so refer to the trustees. arw¥Jal rewl for rr#ye information about Ihelr contributlon. On receipt dOnat￿j gffts In knnd. FxofessiLThI services and doroted fadlllles are reo)gnbed on ￿ basis cl the value of the glft to the charity is the arTh)unt ￿ tharity V•vJld have been wllirKJ to pay to obtan ser¥ices or facilities of equivalent economic benefit on the open markrt. a CtyTesporKlir¥J amourt is thon reccgnb5ed in eynditure in the peri(¥J of recgipL •) Int•rnst racolvabl• Interesl on funds held on deposil is induded recèNable and the ¥rthnt can be rneasu￿ rellably by th8 charity, thi$ is n¢Jm)ally upon notifica11￿ of the interest paid ry payatde by the ban Fund accounting Unrestricted funds are availaNe to S￿r￿1 on activltle8 that further any of th8 wfF*Ees of tharity. D8slgnated funds are unre51ricled funtls of the charity wthich the trustees have derided at their discretion to set aside lo use for a speufic purpose. Restricted funds a￿ dor￿li0r6 thch the donor has specrf*d are to be solety used for part￿lar areas of the chariVs Vbork or for specific prciects being undertaken by the thwity 17 GIVE IT FORWARD TODAY Notss to the flnanclal statemonts Forthe year ended 31 December 2024 1 kcountillg policies (contlnued) g) Exp•nditur• and irr•covorabl• VAT Expenditure is recognised orKe Ihere is a legal or consI￿CtiVe obligation to make a payTnent lo a third paty, Ft is wobable that settlement wll be reoLMred and the of the obligation can be measured rellat￿y. ExpeNliture is classrfied under Ihe following activity headirwJ5'. Costs of raising lunds cornprtse rf tradiTh3 costs and the coyts incurred by the charitable compary in indu(xng trmrd pwties to make voluntsry contributiorts to it, as ￿11 as the cost of 8ny with a fvndraising purpose. Expenditure on charitable acti￿lieS indudes the ¢J)sts of delvering servbc*s and other undertaken to ftjrther the PLsrposes of the charity arKI their a5xLaated suppryt Costs. Other eyper#Jllure repres8nts those itetyts not falling inlo (ther he•Jing. Irrecoveratle VAT is char￿d as a cc6t agalrtst the acuvhy for the expeThIltU￿ was Ir￿ffed. h} Allocallon of Support costs Support costs are thosè functkmts that 8SSi8t the of the bul do nol dlr• urKlertakè charitatrAe activibes. Support Costs Indude bad( I)ffi￿ v)sts, fina￿e. pwsonnel. Pa￿￿1 and govemance costs support the charitys xtlMti85. These ¢osts have been allrxated be1v￿n (￿st (I raising fvTrJs and W)eThj￿Ire on chwi18ble acbwbes. The bases on support costs have bèen allocated we set oui In n(rte 6. i) Operatlng l•as•s Rental tharges are charged ￿ a straight-line basis over the teryn of the le85e. J) Tonglblo fixod assots Items of equipmw* we capitallsed kn the purthase price exceeds £1,000. Depreualion is provided al rates calculated lo write (Jown the cost of 8￿h asset to its estimated reswJu* Value over its expocled useful Ile. The depreciation rates in use are as follows.. Fixtures and fftlings Motor vehicles 25% RB 25% RB k) Dobtors Trade and other debtors are re(y>JThsed at the $etue￿ •r￿nt due after any trade ¢As￿unt offered. Prepayments are valued ai the arn￿nt prepaKI net of any t￿le dI￿UrrtS due. 11 Cash al bank and In hand Cash at bank and cash in hand indudes cash and slM)rt term hNJhty liquid investrnents *fjlh a sl*)rt maturity of three months or le55 from the date cl aCqu￿t￿)n or opening of the deFx>sit or siTh¥lar account ml Creditors and provisi¢￿$ Creditors and provisK￿S are recognised wthere the charity has a wesent obffiption resulting from a past event that wll probably r8suIt in the transfer of funds to a third party and ts •r￿nt due to setue the obligation can be rr￿ured or estimated relia￿. Creditors and provlslcms are rec4)gnlsed at thelr s*llerr*M amount after for ary trade discounts due. 18 GIVE IT FORWARD TODAY NotOS toth• flnanclal slatsments For thg year endod 31 Doumbor 2024 Donath)r 1.192.604 CharilableadfrAEs'. Fanilies Grfts kn ￿Thj-faw v￿e 343.802 1￿4.(IMI 343102 1ffj4,1 1nve81rn￿tInC0n Olherincome Totsl Income 21895 21.995 Rai5ingfLmds 185.49S 185,49S F8mA Grfls In iarbj. Edwab"on Total ex￿n￿￿* 1286.170 303.W 1510,164 1.074.000 1,074,000 N•t In¢om• l •xp¢nthlur• b•for•gdM I Oosu81 on Inv•slm•nts Net gains Ilk6ses)on ¥weslTrMts N•t Incom•l•xp•ndltw• Trar6fer5 t*tspen N•t MO¥•me￿ In furKIs 832861 (143,7481 832861 39,￿8 1743,7481 39 RK¢nclllatlon of IWKIJ: T¢knIf￿￿s ￿0￿htfU¥mrd Total fund¥ ¢¥rt¢dforward 14 672,610 626.513 46,127 3 In¢om•from donatlons •nd legxles 2f23 Total 655935 1 192 4 Incry￿trO￿ rh¥rltsbl• 2023 Total Famlll•* Familes 02 343NI2 343 802 343,802 4Q161 161 Oth•r¢harltalJl¢ adMII•• Gifts In Kind 74C 1,074.C(rfJ 1817,8tr2 74 OC#J 1,074,OthJ 1.417,W2 1300.0 1248.161 1248.161 S Other Incom• Totsl Other income 19 GIVE IT FORWARD TODAY Notes to the ftnanclal statements For tho year endod 31 De¢8mber 2024 6 Anal>71¥ ol •X￿thIn Ba8i5 C Grfls kn ￿ Swwt costs 2024 Total 2023 Totsl Staff costs Otherfwthafj*"wwJ ct6ts D¥￿t FarThlies Direct Educ&tiL Dwect Gifts In KtsMI 124.462 224.046 255.617 469.194 1￿.530 955,8D3 224,046 432A16 248A19 13110.000 T17.472 75,549 418,625 106,079 1,074,OthJ 432.416 248.419 1200.¢XiI Staff costs 21454 OlhErsuppLYl COBIS 35 1,118,461 1.3)0.(o) 617.113 3.891315 3.375.879 s￿pOrt costs 154.278 431.978 {617.1131 Tirtal •xP•Trd￿￿• 2024 311,184 71Q782 1,550A39 1.>)0.000 3.892.385 Tdal ¢xpondlure 2023 1￿,495 5462x1 1,570.164 1.074.lJ)O 3,375,879 Ofthg tcla ew¢&bJre, £2,642,150 ￿est￿l20¥3. £1.997.8851 a*1£1￿.235 VAS reslrLXed12023. 1.377.994). 6a Analy•ls al •xp•ndllur• Iwlor yw) C1wrrtab￿ al*p￿e5 Basis GeTwal £ EthK81•)n £ Fanligs £ GIK£ Cosls 2023 total 2022 total 80.881 75.549 236.912 58,7T1 777,472 75,549 593,994 66,705 Olh•rfL*thk8kng t￿ts DYg¢t Families EthJ¢8tK Glfts in Kiid 41&625 418.625 106.079 1.074.000 444,453 91.045 655.6C I[￿.079 1.074.( Stsff cost5 22,454 1700 3.375.879 2,270,858 94,070 her 131 439.122 450 757 1270.290 164.075 1.074.0 428.392 Support t￿$15 428 392 exF*ndrture 2023 185.495 546.220 1.5TO.164 1.074.LYKI 3.375.879 Total 2022 171.980 371.4 1.071.078 2,270,858 orthe lolal expw*Jitwp, £1,997,885 VA5 w¥e51Fth12tr22.' £1.163,387) and £1,eo)1,188 rethbJ12022: £1.￿3,5101. GIVE IT FORWARDTODAY Notes to tho flnancial stat•ments For the year ended 31 December 2024 Net incom• l {•xp•ndlturo) for tho y•ar Thls is staled after chwgyu I lryethbry): 2024 20Z3 Operating lease rentals.. Property Depreciation Audit￿$ rem*Jneratknn: Audit fees 30,852 5,758 7.818 3.412 Analysls of coth trusts• r•mun•ralion and •xpons•s, and the cost of k•y maMg•mont p•rwin•l 2024 2023 Salarie5 and wages Soci81 security ￿$ts Employer s pen5iOll 867.216 95.WJ 701.587 63.575 12 310 777 472 The foll￿ng number of ￿￿OyeeS received empbyee beneffts {8Xd￿IIffj pertsion) dwng the year Ixlween.. 2024 No. 2023 No. £60.fXIO - £69,999 £70,000 - £79.999 The lotsl remYr￿rati￿ Lrf the key PeTron￿l Vbwe £192,150 (2023: £199.055) The charity trustees were not paid or received any other benefits from ery)hJymert wlth the Company In the year (2023.. Nill. Ner¢her were they reSmbursed expenses durhg the ywr12023.' Nil). No charity trustee ￿ved payment for professlonal ￿ other serwces Suppli￿ lo charity {2023.. Nil). Staff numbgrs The average number crf errytyes (hgad count based on nunknr of staff durln9 the yw was as follow8". 2024 2023 No. 22 Charitable *i¥ities Taxation The tharitable c4)mpany 15 exffrw from ctyporatiffi tax a5 al ts inc(Th Is Charitab￿ and Ls applled for charitable purposes. 21 GIVE IT FORWARD TODAY Notes to the flnancial statements For the year ended 31 December 2024 10 Tangiblo fixed assots Motor ¥ehic FLxiures arKI fitbThJs Cost At the start of the ytrdr Additions in ye Disposals in year At the eThJ of the ye 21.(KM) 73.713 ¥713 21 CiXI DePro￿atIOn At the start crf the ￿r Charge for the year Eliminated on dlsposal At the end of the year 1,750 4,813 15,898 17,648 7,819 N•t bo<* valu• Atth••ndofth•y 14.437 69.246 At the start of the year 19.2SO 57,815 77,065 All Lrf the above assets we used for chwitable purFoseg. 11 Dobttys 2024 2023 Trade deblo Other debtcffs 41,929 20,209 12 Credltovs: amounts falllng the within ono 2024 2023 Trade Groditors Other Greditrys 54392 47,587 14 GIVE IT FORWARD TODAY Notos to the financlal statements For the year ended 31 December 2024 13 Anatysls of net assèts bet￿n lunds General Unrestr￿ D￿nated Restricted Total funds Tangible fixed assets Net current assets Net assets at Ihe end of the 69,246 69,246 619 834 689 080 44 053 13a Analysis of net assets bets¥een funds {PfiN year> unrestrthd Designated Restricted Total furKIs Tangible fixed assets Net cuffent assets Net assets at the end of the 77,065 549 448 626.513 77.065 595 575 672.640 46.127 14 Movements In lurth In¢￿￿￿j (￿goI￿j At the end of the year oftheya gaiThs losses Transfers Resldcted fuThJs: Families Gifts In Kind Total reslricted fvmds 46,127 48.161 (Xl,2351 44.053 44 053 Unrestricted fU￿ls. General funds 626.513 2.660.664 {2.642.150} 645.027 Total unrestrKted funds 645,027 Puwes of restricted funds Other restrlLted funds.. Funds cfjllectsd and dislrbjted lo irwjiv#JUa￿ or Thdical and weffare need5 due lo illness. infimwty or Impoverishment Families.. Specific cases wthere there is a dire need for assistar￿e WKI GIFf m&ke5 deoslons on tlts vA*t payments are forthcoNing to attend to tsir needs at various bffes. 14a Mov•ments In funds {prfor yowl Inwmi Outg￿ng At the *art resources & resources & of galr At the end of Restri¢tgd funds: Families Gifts In Kind Total rostrlct•d funds 6.319 343.802 74 1303.994) 1 074 000 46.127 19 Unrestricted funds". General funds 1.409.799 1,214.599 {1,997.885) 626,513 Total unrestricted fund5 1.409,799 1.214.$99 {1.997.885) 626.513 23 GIVE rr FORWARDTODAY Notes to th• financial statements For the year ended 31 December 2024 15 Reconclliatton of ngt Incom• l (•xwdhurn) to n•t Ilaw from op•ratlng actlvltles 2024 2023 Mot Incom• I l•xpen