Company registration number: CEOOI 152
Charity Tegistration numb¢r: 1156377
Victoria's Promise
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2024

Victoria's Promise
Contents
Trustees, Report
I to6
Independent Examiner's Report
Statement of Fitmncial Activities
8t09
Balance Sheet
10
Nofrs to the Financial Slalements
11 to 17

Victoria's Promise
Trustees, Report
The trustees present the annual report logether with the financial statements and auditors, report of the charity
for the year ended 31 March 2024. The Trustees have adopted the provisions of 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 ITeland (FRS 102} (effective I
January 2015).
Objectives and activities
Mission Ststement
The Mission of the Victoria's Promise community is to connect. suppo¢ empower and serve its tribe, so that
each individual may flourish through their journey with cancer.
Objects and aims
Victoria's Promise Supports women through cancer.
We are a UK Charity focused on providing personalised support and services for Wome￿ and theiT families,
from the moment of their diagnosis, through treatment and beyond. Raising their positivity. reductng their
feelings of isolation and fear, help ease any burdens due to their diagnosis and creat¢ as much norniality as
possible. Thereby aiding their wellbeing and helping to reduce re0ccu￿enCe.
The vision of Victoria's Promise is a community of young wojnen discovering peace, joy, connection and
understanding, as they are supported and empowered through cancer.
In the catchment of the Hampshire Hospital Foundation Trust, Victoria's Promise supports women, between the
ages of 18 and 50, with specific care provision to meet their emotional, physical and practical needs. This
includes, but not limited to, specialist therapies. one-to-one YO8￿ domestic cleaning, childminding and
counselling for her and her immediate family members. We visit each young woman in her home and identity
the individual needs that will create a difference and ease their journey through cancer. Their needs may change
dependent on any changes to their prognosis and we are there to serve those needs as best we are able,
During the last 12 months Victoria's Promise has deepened the support we are offering young women and their
families, working to offer a more tailored and individualised care plan. Victoria's Promise has also runs monthly
VP Meet ups, to serve the women in the Basingstoke and Winchester areas which are open to any young women
diagnosed with cancer at any stage of her journey including after their treatment has finished and feel they will
benefit from on-going support. The women find these get togethers very uplifting and a favoured way to meet
other young women going through similar cancer treathients and challenges as thernselves who they feel they
can really relate to. We aim to open more areas for VP Live Meet Ups and to re introduce VP Connecl which
are coffee mornings to introduce 2 or 3 women who are on a similar pathway, 5irnilar lifestyle and live
geographically in close proximity.
The Victoria's Promise App, continues to fill a much needed gap women diagnosed with cancer throughout
the UK enabling them to connect with other women on line. often finding someone who is on the salne
treatment and stage as them, or finding someone else who has been diagT]osed with the same, sometimes rare
cancer as they have which they find re assuring. We continue to bring this community of young women together
to experience a range of infom￿tIVe and supportive webinars and activities.
The App fdises their positivity, and decreases their sense of isolation and fears. Through the App ihe W0￿en can
access the necessary links to the online webinars, workshops, yoga classes. PT classes and virtual ¢off¢¢
mornings. It also offers the means for them lo find oihers who are living near by who they can private message
and annge to meet up with. The plan over time is to set up VP Liv¢ Meet Ups in mor¢ and more locations
throughout the UK.
Page I

Victoria's Promise
Trustees, Report
Our aim is to build awareness of the VP App, to support the greatest number of young women going through
cancer as well as during their recovery period, so that every woman has the opportunity to join this
undeT5tanding and supwrtive con]munity. However, whilst we continue to reach more young women, enabling
us to give direct support throughout the UK, lack of funding ihis year stifled our ability to rnad(et and create as
much awareness of the App as we would wish.
Fiona Eastman, c￿FOunder of vi￿0￿a'S Promise, continued in her role as CEO of the charity for the fiscal year
ending March 2024.
The Tn￿l¢eS confinn that they have referred to the guidance contained in the Charity Commission's general
guidance on public benefrt when reviewing the Tr￿$t'S aims and objectives and in planning ￿tUre activities and
setting the grant making policy for the year.
Achievements and performance
Charitable and Fundraising activities
As a result of the ongoing difficult economic environment and in corntnon with the Majority of the charitable
sector, fvnding continued to prove challenging this year. Despite all the efforts of the whole team, incoming
resources of £150.088 were 3.5 % below 2023 (£155,696). Charitable expendi￿re in the year of £180,143 was
15.40/0 above 2023 (£156,126). This was the result of additional fundraising ¢xp¢nditure in the year, incu￿ed on
our contracting specialist fundraising consultant in an attempt to increase incoming funding frorn grants and
trusts. This proved Unsuccess￿1, and the corlsultancy was ended, so ongoing costs were not being incurred. The
overall impact of the above was a net reduction in ￿ndS of £30,055.
Page 2

Victoria's Promise
Trustees, Report
Other highlftgbts Include
During this financial period (April '23 -march '24), Victoria's Promise supported an increased number of 49
young women and members of their family. All of them received a varying level of in-person support and
paid-for services. Thirty percent of thern had one or more family menthers being supported with in-p¢rsoD
seTYices. Five ot the wotn¢n died during this period. and seven of the women are still surviving their terniinal
prognosis as of 31 st March 2024. With the increase in the number of women we ale supporting versus the
decrease in fimding. we rcduccd staffing by one member to lower our outgoings as best we could.
121 CoAsultatioD
Every young woman with cancer that Victoria's Promise supports is part of our community. FOT those who are
diagnosed or treated within the Hampshire Hospital Foundation Trust, their first interaction with Victoria's
Promise would be through a personal one-tO￿ne consultation with our CEO, who ¢oordinates all the care
provision and critical support services we offer.
Counselling
WhiL5t Victoria's Promise has always focused on providing the very best available counselling serviccs to th¢
community of women we support within the Hampshire Hospital Foundation TrusL as well as their immediate
family members. Children of different ages cope with their moth¢r having cancer in different ways. Likewise.
their partners, husbands, parents. and siblings may suffer and need support. Our counselling services have a
direct impact on the young women and their familie5, and we will Continue lo grow and expand OUT reach until il
is nationwide. The number of WTomen and members of their family requesting counselling continues to increase.
Alternative Tberapies
Victoria's Promise has specialist-trained iherapisi ¢ontra¢tors who support our community of women on a
one-to-one basis with the aim of helping their overnll wellbeing. Clinical cancer treatments sucb as
chemotherapy and radiotherapy have severe side effects, which we aim to help alleviate through spe¢ialists who
can advise on ways to relieve skin changes, provide spe¢ialisl massages to reduce lynphedema. aid sleep,
reduce atLxiety, support good nutrition, and overall improve wellbeing and recovery.
Domestie Cle*nlng
We provide a special domestic cleaning service to women who ar¢ currently receiving treatment. One of the
biggest strains on women sutyering from the extreme fatigue that often accompanies treatment is tying to
jaintsin a good home environment that is conducive lo recovery. We ensure that the cleanliness of the home is
onc Icss thing to worry about, allowing the women to relax and rccovcr from their treatments and opeTations.
Childminding
When needed, we help to providc childminding to cover for lin￿S when the young woman is attendtng
appointments, undergoing operations, or receiving inpaticnt cancer treatmenls. In some cases, this support
ensures that the husband or partner can conlinue attending work. This is a costly aspect of our seTvices and a
strdin on our funding.
VP Community
One of the trvdill drivers of mental and emotional dislre5s for women be¢w¢¢n the ages of18 and 50 is i501atioJJ
and lack of p¢¢r support. Women report nol wanting to burden their families and feeling that friends do not
understand what they are going through. As a young woman, it is hard to find and conncct with others who are
undcrgoing similar challenges. We have CTeated a community where we bring together the women w¢ ar¢
supporting, both online and offline. through workshops, coffee mornings, yoga classes, personal training classes,
online forums. groups, and webinars. We provide high-quality and relevant education and advice in an
environment conduciv¢ to pe¢r-to-peer support and wellbeing.
Page 3

Victoria's Promise
Trustees, Report
Finallcial Review
Policy on r￿erVeS
Total account reserves at the year-end stood at £11,778 (2023: £41,833).
The Trustees maintain reserves at a level which allow5 for plamied growth and unexpected expenditure. The
reserves policy is Teviewed annually in line with the outlook of the charity, changes in funding and the expected
economic climate. The Tr￿Stee5 aim to maintain cash r￿erVeS to cover three months (2023.. three months)
operational expenditure. Cash reserves at the year-end were £37,384. As the financial con)mitments of the
charity increase over time the reserves policy will be adjusted accordingly.
The Trustees regularly review the fmancial position of the Charity and recognize the significant reduction in the
accoullting reserves during the financial p￿70d.
Based on forecast income for the subsequent year (to 31st March 2025) including th¢ Charity's largest
fundraising event, the 10th Anniversary Ball, the Trustees were satisfied that the reserves position would
improve.
Referenee and Administrative Detafls
Charity Registratton Number:
1156377
Company Registration Numb¢r:
CE001152
Registered Offic¢:
21 Foundry Close
Hook
Hampshire
RG27 9JD
Principal Otrice:
Landmark House
Station Road
Hook
RG27 9HA
Independent Examiner:
Woodwhite Accountants Ltd
Unit 4 City Limits
Danehill
Reading
Berkshire
RG6 4UP
Trustees and o￿le¢r$
The trustees and officers serving during the year and sin¢¢ the year end were as follows:
Page 4

Victoria's Promise
Trustees, Report
TTUStees,'
Alexander Eastman
Stuart Ross
Simon Bower
James Buchan
Chairnlan:
Alexander Eastman
Senior Management / Leadership
Team:
Fiona Eastma￿ CEO
Structure? governance and management
Nolure ofgovernlng document
Governing document
The charity is controlled by its governing document, a deed of trust.
Constitution
The charity is a Charitable Incorporated OTganisation ("CIO") and w&$ Foundation Registered on 26 March
2014.
Recrnilment and appolnlment ofirusle
Trnstees
Trnstees are selecfrd and appointed in line with the charity's governing document.
Statement of trustees, responsibilities
The trustees (who are also the directors of Victoria's Promise for the purposes of company law) are r¢sponsible
for preparing the trustees, report and the fmancial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS
102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland
Company law requir¢5 the trustees to prepare financial statements for each financial year. Under company law
the trustees must not approve the financial statemenls unless they are satisfied that they give a tNe and fair view
of the state of affairs of the charitable company and of the incoftning resources and application of resources,
including its income and expenditure, of the charitable company for that period. In preparing these financial
statements, the trnstees are required to..
select suitable accounting policies and apply them consistently.
observe the methods and principles in the Charities SORP.
make judgements and estimates that are reasonable and prudent.
state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any
material deparNres disclosed and explained in the financial statements. and
prepare the fjnancial statements on the going concern basis unless it is inappropriate to presume that the
charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable ac¢urdCy at
any time the financial position of the charitable company and enable them to ensure that the financial stalemenls
Page 5

Vietoria's Promise
Trustees, Report
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and fjnancial I￿Orn)atiOn
included on the charitable company'5 website. Legislation governing the preparation and dissemination of
financial statements may differ from legislation in other jurisdictAODS.
Disclosure of informatlon to auditor
Each trustee has taken steps that they ought to have taken as a tNstee in order to make themselves aware of any
relevant audit inforniation and to establish that the charity's auditor is aware of that inforniation. The trustees
confirni that there is no relevant infonnation that they know of and of which they know the auditor is UDaware.
The annual report was approved by the trustees of the charity on 27 January 2024 and signed on its behalf by..
Alexander Eastman
Chairnlan and tru5t¢e
Page 6

Victoria's Promise
Independent Examiner's Report to the trustees of Victoria's Promise ('the Company,)
I report to the charity trnstees on my examination of the accounts of the Company for the year ended 31 Mar¢h
2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the PUTposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006
('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Acl and are eligible for independent examination. I report in respect of my examination of your charlty's
accounts as CWTied out under section 145 of the Charities Act 2011 {'the 2011 Act,). In canying out my
examination I have followed the Directions given by the Charity Commission under section 145(5Xb) of the
2011 ACL
Independent examiner's statement
I have completed my examination. I confwm that no matters have come to my attention in Connection with the
examination gÈving me cause to believe:
accounting records were not kept in respect of Victoria's Promise as required by section 386 of the 2006
2. the accounts do not accord with those records. or
3. the accounts do not comply Ivith the accounting requiren]ents of section 396 of the 2(M)6 Act other than
any requirement that th¢ accounts give a 'true and ￿]r 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 Prdctice for accounting and reporting by charities [applicable to charities preparing their
accounts in accordance with the Financial R¢porting Standard applieable in the UK and Republic of
Ireland (FRS 102}].
I have no concerns and have come across no other matters in connection with Ihe examination to which attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Keith Westran
ICAEW
Unit 4 City Limits
Danehill
Reading
Berkshlre
RG6 4UP
27 January 2024
Page 7

Victoria's Promise
Statement of Financial Activities for the Year Ended 31 March 2024
ncluding Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestricted
funds
Total
2024
Restrieted funds
Note
Income and Endowments from:
Donations, external thndraÉsers and direct debits
Grants and trusts
64,960
22,000
33,791
8,337
64,960
43,000
33.791
8,337
21,000
VP Events
Other income
Total income
129,088
21,000
150,088
Expendlture on:
Fundraising costs
VP Events
VP App- supporting young women nationally
tn-person support and in-person services
Administrative costs
(24,839)
(18,503)
(12,852)
(22,110)
71,639)
(24,839)
(18,503)
(12,852)
(52,310)
71,639)
(30,200)
Total expenditure
(149,9431
(30,200)
180,143
Net expenditure
20,855
9,200
Net movem¢nt in funds
(20,855)
(9,200)
(30,055)
Reconciliation of funds
Total funds brought forward
31,133
10,700
41,833
Total ￿ndS Carried forward
10,278
Unrestricted
funds
1,500
11,778
Total
2023
Restricted funds
Note
Ineome and Endowments from:
Donations and legacies
Fundraising and events
Investment income
71,589
73,209
198
71,589
83,909
198
10,7(K)
Total income
144,996
10,700
155,696
Expenditure on:
Fundraislng costs
Administrative costs
Wages and salaries
(33,793)
(97.042)
25,291)
{33,793)
(97,042)
25,291
Total expenditure
C156,126
(156.126)
Net {expendiNre)/income
11 130)
10,700
The notes on pages l I to 17 forn) an integral part of these financial slatrments.
Page 8

Vietoria s Promise
Statement of Financial Activities for the Year Ended 31 March 2024
(Ineluding Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestricted
funds
Total
2023
Restricted funds
Note
Net movement in thnds
(11,130)
10,700
(430)
Recollciliation of funds
Total funds brought fonvard
42,263
42,263
Total fimds carried forward
31,133
10,700
41,833
All of the charity's activtties derive from continuing operations during the above two periods.
The funds breakdown for 2023 is shown iti note I l.
The notes on pages I I to 17 forn an integral part of these fjnancial statements.
Page 9

Victoria's Promise
(Registration number: CEOOI152)
Balanee Sheet as at 31 March 2024
2024
2023
Nole
Current assets
D¢btors
C&8h at bank and in hand
1.118
37,384
38.502
1,118
70.628
71.746
Credltors: Amounts falling due withln ODe year
(4,029
(11213)
Total assets less current liabilities
34,473
60,533
Creditors: Amounts falling due after more than one year
10
22,695)
(18,700
Net assets
11,778
41,833
Funds of the charity:
Restricted income funds
Restricted funds
1,500
10,700
Total unrestricted funds
10,278
31,133
Total funds
11,778
41,833
The financial statements on pages 8 to 17 were approved by the trustees, and authorised for issue on 27 January
2024 and signed on their behalf by..
Alexander Eastman
Chairman and trustee
The not¢s on pages I I to 17 forni an integral part of these fllw)cial statements.
Pag¢ 10

Victoria s Promise
Notes to the Financial Statements for the Year Ended 31 March 2024
J Charity status
The charity is limited by guarantee, incorporated in , and consequently does not have share capital. Each of the
trustees is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of
liquidation.
The address of ils registered office is:
21 Foundry Close
Hook
Hampshire
RG27 9JD
The principal place of business is=
Landmark House
Station Road
Hook
RG27 9HA
These fmancial statements were authorised for issue by the trustees on 27 January 2024.
2 Accounting pollcies
Summary of significant accounting polleles and key accounting estimates
The principal accounting policies applied in the preparation of these financial slalements are set out below.
These policies have been Consistently applied to all the years presented, unless otherwise stated.
Slatement of eompllance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the
Fillancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019)
(Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) and the Companies Act 2006.
Basi5 of preparation
Victoria's Promise rneets the definition of a public benefit entlty under FRS J02. Assets and liabilities are
initially recognised at historical cost or transaction value unless otherwise stated in the Televant accounting
policy notes.
Going concern
The trustees consider that ther¢ are no material uncertainties about the charity's ability to continue as a going
concern nor any significant areas of uncertainty that affect the caTrying value of assets held by the Charity.
Income and endowment5
All income is recognised once the charity has entitl¢ment to the income, it is probable thal the income will be
received and the amount of the income receivable can be measured reliably.
Pagell

Victoria's Promise
Notes to the Financial Statements for the Year Ended 31 March 2024
Donallons and legacies
Donations are recognised wherj the charity has been notified in WTitiDg of both the amount and settlement date.
In the event that a donation is subject to conditions that require a level of p¢rfonnance by the charity before the
charity is entitled to the funds, the income is deferred and not recognised until either those conditions are ￿1]Y
met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these
conditions will be fulfilled in the reporting period.
Granls receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants
have been met. Where perfom]ance conditions are attached to the grant and are yet to be met, the income is
recognised as a liability and included on the balance sheet as def¢￿ed income to be released.
Inves¢meAI Income
Dividends are recognised once the dividend has been declared and notification has been received of the dividend
due.
Expendfiture
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is requir¢d and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading that aggregate similar costs to that category. Where Costs cannot be directly attributed to
particular headings they have been allocated on a basis consistent with the use of resources, with cenlral staff
costs allocated on the basis of time spenL and depreciation charges allocated on the portion of the asset's use.
Other support Costs are allocated ba￿d on the spread of slaff costs.
Raisinglunds
These are costs incurred in attrncting voluntary income, the management of invesfjnents and those incuffed in
trading activities that rdise funds.
Chaniable acdvllles
Charitable expenditure cornprises those costs incurred by the charity in the delivery of its activities and services
for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an
indirect nature necessary to support ihem.
Governance costs
These include the costs attribulable to the charity's compliance with constitutional and statutory Tequirements,
including audi¢ strategi¢ management and trustees meetings and reimbursed expenses.
Taxatlon
The charity is considered to pass the tests set oul in Parngraph I Schedule 6 of the Finance Act 2010 and
Iherefore it meets the defmition of a charitable company for UK corporation tax purposes. Accordingly, the
charity is Potentially exempt from taxation in respect of income or capital gains received within categories
covered by Chapter 3 Part I l of the Cory)oration Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Page 12

Victoria's Promise
Notes to the Financial Statements for the Year Ended 31 March 2024
Trade debtors
Trdde debtors are amounts due from customers for merchandise sold or services perforn)ed in the ordinary
course of business.
Trade d¢btors are recognised initially at the transaction price. They are subsequently measured at amortised cost
using the effective interest method, less provision for impairment. A provision for the impairn)ent of trade
debtors is established when there is objective evidence that the charity will not be able to collect all amounts due
according to the original ternis of the receivables.
Cash and eash equivalents
Cash and Cash equivalents comprise cash on hand and call deposits, and other short-tern) highly liquid
investments that are readily convertible to a known amount of cash and are subject to an insi￿lfiCant risk of
chang¢ in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers, Accounts payable are classified as current liabilities if the charity does not have an
unconditional right, at the end of the reporting perio(t to defer settlement of the creditor for at least twelve
months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months
after the reporting dat¢, they are presented as non-current liabililies.
Trade cr¢ditors are recognised initially at the transaction price and subsequently measured at amortised cost
using the effective interest method.
Borrowings
Interesl-bearing borrowings are initia]ly recorded at fair value, net of transaction costs. Interest-bearing
borrowings are subsequently raTTied at amortised cosL with the difference between the proceeds, net of
transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial
Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable
and similar ¢harge5.
Bomwings are classified as current liabilities unless the charity has an unconditional right to defer settlement of
the liability for at least twelve rnonths after ihe reporting date.
Page 13

Victoria's Promise
Notes to the Financial Statements for the Year Ended 31 March 2024
Foreign exchange
Transactions in foreign currencies are recorded at the rat¢ of ¢xchange at the date of the transaction. Monetary
assets and liabililies denominated in foreign cU￿enC1¢S at th¢ balance sheet date are reported at the rates of
exchange prevailing at that date.
The results of overseas operatÈolls are translated at the average rates of exchange during the period and their
balance sheets at the rates ruling at the balance sheet date. Exchange differences arising on translation of the
opening net assets and result5 of overseas operations are reported in other comprehensive iT)come and
accumulated in equity (attributed to non-¢ontrolling interests as appropriate).
Other exchange differences are recognised in the Statement of Financial Activities in the period in which they
arise except for:
l) exchange differences on transactions entered into to hedge certain foreign CUTrency risks (see above).
2} exchang¢ differences arising on gains or losses on non-monetary items which are recognised in other
omprehensive income. and
3) in the case of the consolidated fmancial statements, exchange differences on monetary items receivable from
or payable to a foreign operation for which settlement IS neither planned nor likely to occur (therefore forn]ing
part of the net investmenl in the foreign operation), which are recognised in other comprehensive income and
reported under equity.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in ￿rth¢rance of
the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes. the use of which
is restricted to thai area or purpose.
Penslons and other post retirement obligations
The charitable company operates a defined contribution pension scheme. ContrilTrutions payable to the charitable
company's pension scheme are charged to the Statement of Financial Activities in the period to which they
relate.
3 Trustees remuneration and expense5
No tn)stees, nor any persons connected with them, have received any remuneration from the charity during the
year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
4 Staff ¢ost5
The monthly average numb¢r of persons (including senior management I leadership ieam) employed by the
charity during the year expressed as full time equivalents was as follows:
2024
2023
Athninistration
Page 14

Victoria's Promise
Notes to the Financial Statements for the Year Ended 31 March 2024
No employee received emoluments of more than £60,000 during the year.
5 Independent examiner's remuneration
2024
2023
Other fees to examiners
Examination-relaied assurance services
2,694
Page 15

Victoria's Promise
Notes to the Financial Statements for the Year Ended 31 March 2024
6 Taxation
The charity is a registered charity and is therefore exempt from taxation.
7 Debtors
2024
2023
Prepayments
1,118
1,118
8 Cash and cash equivalents
2024
2023
Cash at bank
37,384
70.628
9 Creditors: amounts falling due within one year
2024
2023
Bank loan5
Trade creditors
Other creditors
Accruals
587
660
88
2,694
4,029
8,519
2,694
10 Creditors: amouDts falling due after one year
2024
2023
Bank loans
22,695
18,700
I l Funds
Balance at I
April 2023
Incoming
resources
Resources
expended
Balance at31
March 2024
Unrestrfieted funds
General
31,133
129,088
(149,943)
10,278
Restrieted funds
10,700
(9,2(K)
1,500
Total fund5
41,833
119,888
149,943)
11,778
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