REGISTERED COMPANY NUMBER: 08963655 (England and Wales) REGISTERED CHARITY NUMBER: 1158729 Re ort of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2024 Pur le Comrnun Fund Bennewith 2018 Limited tla A J Bennewith & Co Upper Ground Floor 18 Farnham Road Guildford Surrey GUI 4XA
Pur le Commun Fund Contents of the Financial Statements forthe Year Ended 31 December 2024 Page Report of the Trustees I to 4 Independent Examlner's Report Ststement of Financial Artivities Balance Sheet 7 to 8 Cash Flow Statement Note5 to the Cash Flow Statement io Notes to the Ftnancial Statements 11 to 2C Detailed Statement of Flnancial Artivities 21 to 22
Pur le Communi Fund Re ort of the Trustees for the Year Ended 31 December 2024 The trustees who are also directors of the charity for the purposes of the Companies Att 2006. present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Prattice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FR5 1021 (effective l January 2019}. Overview The Purple Community Fund IPCFI operates as a fundraising and advisory body, exclusively supporting and financing its Philippine registered sister charity Upskills+ Foundation Inc, IUFII to support its relief and developmental work within the Philippines. PCF and UFI exist as separate and independent entities operating under their respettive legal and governance legislaturÈs within the UK and the Philippines. In Jane Walker. both PCF and UFI share the Same CEO, and this enables the charities to work without barriers to ensure full transparency and clear lines of communication. OBJEcfivES AND AcfiviTIES Objertives and Aims The charity's objectives are, for the public benefiL in the Philippines and elsewhere in the world: IA) The prevention and relief of poverty. IBI The advancement of education and training. (Cl The advancement of good health. both physical and mental. IDI The rehabilitation of victims of physical, mental and sexual abuse. PCF aim to achieve these goals through raising money and awaneSS in the UK and working with our partner charity Upskills+ Foundation Inc. in the Philippine5. Our beneficiaries are the poorest of the urban poor, this is poverty at its worst. We fund and run a community education mentoring programme for school dropouts as well as providing community health and nutrition and community livelihood and trainin8 pro8rams. Publlc benefft We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objertives and in planning our future activities. In particular, the trustees consider how planned attivities will contribute to the aims and objectives they have seL Relationship Between PCF and UFI A formal Memorandum of Understsnding between PCF and UFI, aged and signed by the respective boards of trustees. sets out the basi5 of the relationship as well as the condition5 and mechanics of funding provided to UFI by PCF. Funds held by PCF are released to UFI monthly in arrears, or in the case of grants according to the donors stipulated schedule. Where instruction for the allocation and reporting of provided funds is required, this is provided to UFI in advance. In the advent of extraordinary circumstsnces such as natural disasters and other instsnces where an emergency funding appeal is deemed necessary UFI will formally set out a situational assessment and action plan for PCF to facilitate an appropriate response. Page I
Pur le Communi Fund Re ort of the Trustees for the Year Ended 31 December 2024 ACHIEVEMENT AND PERFORMANCE Trustees Statement For the year 2024 UK derived funds totalled £555.226. This represented an increzse of 46% over the previous year 1£345,5151. This was achieved despite 2024 being yet another c41 allenging year for fundraising Wilhin the charitsble sector with continued uncertainty within the global economy. Of the total funds raised £325,821 were sent to our sister charity, Upskills+ IUFII in the Philippines representing a significant increase of 53% against the previous year1£212,706}. Income received through our established funding streams was 3150 bOlsted by the reipt of non-budgeted legaLry donations to the value of £137.354.80. This enabled PCF to provide UFI with sufficient funding to restart programs that had been suspended during 2023. Additionally. salary adjustments were affected for staff both in the UK and the Philippines. which had been frozen since 2022. Despite Jane spending a gater proportion of her time in the Philippines PCF managed to retain its core UK supporter base. Through continuing to promote a wider awareness of the essential nature of UFI'S outreach work new donors were also secured. In 2023 it was identified that additional resources were needed for fundraising and new grant applications, and to further strengthen corporate relationships in the UK. To thi5 end a new staff member, Laura. subsequently joined the team in September 2023 and quickly started contributing POSltively to the charity's fundraising efforts. After completin8 a succe55ful trial period Laura increased her working hours to 4 days a week in 2024. The subsequent income achieved from grant awards in 2024 came to £59.600. representing 14% of total income. Since joining Laura has proven herself :o be an asset to PCF and 15 experted to further enhance outcomes for the charity's fundraising work. As part of her induction and familiarisation Laura spent 4 months in the Philippines with Jane where she a150 contributed significantly. sUPPOrting Jane with her fundraising in the Philippines. Other than through grants in 2024 the charity's funding streams came from dona¥ions. 8ift aid, produrt sales, and bank account interest. Since its inception over twenty years ago it has remained the charity'5 belief that our fundamental obiectives are best served through acce55 to education leading to positive outcomes. During this time over 1.000 children have been supported throughout their educational journeys. As of 2024 a total of 303 students currently remi ain in UFI'S educational pro8rammes. Some of these students are from the original child worker5 enlisted when Jane first started her charitable work in the Philippines. From commencement through to university, the educational journey undertaken by our supported students can take up to 17 years. This has necessltated a long-term commitment from the charity- During thi5 time it has also become apparent that educational attainment needs be underpinned by simultaneou5 holistic social programmes benefiting the supported community. Programmes covering Health & Nutrition, Livelihood & Skills Training and Welfare Services have always been an essential component of the work undertaken. Some highlights from 2024 include". A revamped product ran8e with total produrt sales for the year achieving £37.276. Over 9,000 individual items were hand-produced from ringpulls by 65 out of work mothers. Products were sold in the UK. Philippines and Singapore. Over 15,000 patients were served through UFI health clinics. Approximately 40,000 meals were served from the community canteen. More than 10,000 food packs were distributed within the community. An estimated 60,000 individuals benefitted from services provided by the charity Strategically it remains PCF'S lonB-term objectNe for UFI to generate a greater proportion of its funding from local sources to become more self-sufFicient and less reliant upon UK sourced income. Given this aim it is antitipated that Jane will continue more time in the Philippines in 2025 and 2026 to concentrate on Strengthening the organisational strutture and enhance future capacity building. In her position of CEO for both PCF and UFI she is ideally placed to be able to balance the needs of both moving forward. Page 2
Pur le Commun Fund ort of the TTUStees for the Year Ended 31 December 2024 As ever. the trustees of PCF recognise the Incdible wo-, k undertaken by Jane and the team, not only in maintaining the smooth running of the operation during difficult times. but also for the tremendous demanos and personal sacrifices this undoubtedly involves. After experiencing so many challenges. we believe that the resOurfulnesS demonstrated. combined with a clear strategy for 2025 places PCF in a strong position to build upon its successes and continue to play an active role in relieving poverty and providing sustainable long-term opportunities for its beneficiaries. As always. we would like to recognise and thank the funders who have supported our projects and activities during the year, whose generous support we value highly. as well as the generosity of the many individuals who support our work both financially and through volunteerin8. FINANCIAL REVIEW Principal funding sources Funding comes from a variety of sources including formal 8rants, sponsorship, donations. and 8eneral fundraisin8 activities. Investment policy and objectives Monies not immediately required for the objectives of PCF are held in a deposit account, in line with the investment policy. The charity does not have any other investments. Reserves policy The Trustees calculate the reserves as that part of the unrestricted funds which in 2024 represents the general fund. As of 31st December 2024, the charity had unrestricted free reserve5 of £31,ryJO covering 3 months, core running costs and £25,780.48 of le8acy revenue to be used where needed. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its goveming documen¢ a deed of tru5L and constitutes a limited company, limited by guarantee. as defined by the Companies Act 2006. Charity constitution The Purple Community Fund 15 an incorporated charity registered with the Chartty Commission, registration number 1158729. Recruitment and appointment of new trustees The Board assesses its skills base on a regular basis and fills identified gaps by advertising and recruiting new Trustees. Trustees are chosen for their complementary skills, breadth of experience and contribution to the charity in a range of ways. New Board Members are appointed by the Board to serve for a term of two years. The minimum number of Trustees IS three. New Trustees meet with Mr5 Bronwen Batey (Chair) and Mrs Jane Walker (Chief Executive) as part of an induttion process. A strategic planning and review day is held annually by the Board, to review the strategy and consider key issues emerging. Organisational strutture The Board of Trustees meets quarterly and is responsible for the strategic direction and policy of the charity. Responsibility for the day to day running of the charity and delivery of activities is delegated to the Chief Executive and ManagementTeam. Pase 3
Pur le Com uni Fund ort of the Trustees Year Ended 31 Decernber 2024 srRUCTURE. GOVERNANCE AND MANAGEMEP Rt5k management The Trustees have reviewed the rnajor strategi4 business and operational risks, whith the charity face5 at this stage of Its development and have identified key rFsks. Actions to address key risk areas have been a8reed and progress is reviewed regularly. In addition. Stron8 financial controls are in place to mitigate the risk of financial losses due to theft or fraud. and these controls are regularty reviewed. The tharity also has in place a child protection policy whith applies to all staff and Trustee5, volunteeT5 or consultants workin8 on behalf of PCF. REFERENCE AND ADMINisfRATIVE DETAILS Registered Company number 08963655 (England and Wales) Reglstered Charlty number 1158729 Regtstered offl¢e 3 Pegasus House Pegasus Court Olympus Avenue Warwick WaTwickshire CV34 6L Trustees 8 Batev Ms R Halllwell-Pa8et P M Levine R Bradshaw Company Secretary ELPery Independent Examlner Bennewith 2018 Limited tla A J Bennewith & Co Upper Ground Floor 18 Famharn Road Gulldford Surrey GUI 4XA 13 -Utrnfr- 202 Approved by order of the board oftrustees on _................... ....................... and signed on its behaff by: B Batey- Trustee Page 4
Inde endent Examiner's Re ort to the Trustees of Pur IÈ Commun Fund Independent examiner's reportto the trustees of Purple Community Fund {*hÈ Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024. Responsibilities and basis of report As the charity's trustees of the Company land also its directors for the purpose5 of company lavij you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied myself that the accounts of the Company 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 your charity's accounts as carried out under Section 145 of the Charities Att 2011 I'the 2011 Art'l. In carrying out my examination I have followed the Directions given by the Charity Commission under Sertion 145151 Ibl of the 2011 ACL Independent examiner's Statement Since your charity's gross income exceeded £250.000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, 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: accountin8 records were not kept in respect of the Company as required by Section 386 of the 2006 Act,. or the accounts do not accord with those records; or 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 the accounts have not been prepared in accordance with the methods and principles of the statement of Recommended Prartice for accounting and reporting by charities (applicable to charities preparing theii accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. 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. Tony Bennewith The Institute of Chartered Accountants in England and Wales Bennewith 2018 Limited Va A J Bennewith & Co Upper Ground Floor 18 Farnham Road Guildford Surrey GUI 4XA Date: ........ Page 5
Pur le Communi Fund Ststement of Financial Activities for the Year Ended 31 December 2024 31.12.24 Tctal funds 31.12.23 Totsl funds Unrestricted fund Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 282,933 233.483 516.416 303,952 Other trading activities Investment income 37.276 1.534 37,276 1,534 40,453 I,iio Total 321,743 233,483 555,226 345,515 EXPENDITURE ON Raising funds 48.818 48.818 10,655 Charitable activities UK Attivities Philippine Activities 126,973 152,039 126.973 325,821 119,889 212,706 173.782 Total 327.830 173,782 501,612 343,250 NET INCOME/(EXPENDrruRE) Traner$ between fvnds 16.0871 57,104 59,701 157,1041 53,614 2,265 17 Net movement in funds 51.017 2,597 53,614 2,265 RECONCILIATION OF FUNDS Total funds brought forward 124,708 11,660 136.368 134,103 TOTAL FUNDS CARRIED FORWARD 175,725 14,257 189,982 136,368 The notes form part of these financial statements Page 6
Pur le Commun Fund Balance Sheet 310ecember 2024 31.12.24 Total funds 31.12.23 Total funds Unrestricted fund Restritted funds Notes FIXED ASSETS Tangible a55ets 13 7.665 7,665 1,220 CURRENT ASSETS Stocks Debtors Cash at bank 14 15 25,626 3,762 144,888 25.626 3,762 159,144 27,478 3,393 111,236 14,256 174.276 14,256 188,532 142,107 CREDtTORS Amounts falling due within one year 16 {6.2151 (6,215) 16,9591 NET CURRENT ASSETS 168,061 14.256 182,317 135,148 TOTAL ASSETS LESS CURRENT LIABIUTIES 175.726 14.256 189,982 136,368 NET ASSETS 175.726 14,256 189,982 136,368 FUNDS Unrestrirted funds Restricted funds 17 175,726 14.256 124.708 11,660 TOTAL FUNDS 189.982 136,368 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024. The members have not required the company to obiain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 ofthe Companies Act 2006. The trustees acknowledge their responsibilities for 131 ensuring that the charitsble company keeps accounting *knords that comply with Sertions 386 and 387 of the Companies Att 2006 and preparing financial Statements which give a true and fair view of the state cf affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Att 2006 relating to financial statements. so far as applicable to the charitable company. Ibl The notes form part of these financial statements Page 7 continued...
Pu le Commts Fund Ba13nce Sheet- continued 31 Dewnber 2024 These financial statements have been prepared in accordan with the provlsions applicable to tharitable companles subjett to the small companies regime. Le J4¢n & 2Jzr The financial statements were approved by the Board of TTUStees and auth¢yised for issue on ................-....................-.-.. and were 51gned on its beha by: ey.Trustee The notes forni part of these finan(yal statements PaBe 8
Pur le Commun Fund Cash Flow Statement for the Year Ended 31 December 2024 31.12.24 31.12.23 Notes Cash flows from operating artivities Cash generated from operations 55,374 17,2121 Net cash provided by/lused inl operating activities 55,374 17,2121 Cash flows from investing activities Purchase of tangible fixed assets Interest received 19.000} 1.534 13701 i.iio Net cash (used inllprovided by investin8 activities {7,4661 740 Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period 47,908 16,4721 111,236 117,708 Cash and cash equivalents at the end of the reporting perlod 159,144 111,236 The notes form part of these financial statements Page 9
Pur le Commun Fund Notes to the Cash Flow Statement forthe Year Ended 31 December 2024 RECONCILIATION OF NET INCOME TO NcAsH FLOW FROM OPERATING ACTIVITIES 31.12.24 31.12.23 Net income for the reporting period (as per the Statement of Finantial Activities} Adjustments for: Depreciation charges Interest received Decrease/lincreasel in stocks Increase in debtors IDÈcreasellincrease in creditors 53.614 2,265 2.555 11,5341 1,852 13701 17431 406 11,iioi 17.7341 11.4071 368 Net cash provided byllused inl operations 55,374 17.2121 ANALYSIS OF CHANGES IN NEf FUNDS At 1.1.24 Cash flow At 31.12.24 Net cash Cash at bank 111,236 47.908 159,144 111.236 47,908 159,144 Total 111.236 47,908 159,144 The notes forni part of these financial statements Page 10
Pur le Communi Fund Notes to the Financial Statements for the Year Ended 31 December 2024 ACCOUNTING POLICIES Basis of preparing the financial ststernents The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities ¢ORP IFRS 1021 'Accounting and Reporting by Charities-. Statem" Recommended Prattice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of 5reland IFRS 1021 leffertiiJe l January 20191,, Financial Reporting Standard 102 'The Financial Reportin8 Standard applicable in the UK and Republic of Ireland, and the Companies Att 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Artivities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constrJctive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headin8s that aggregate all cost related to the cate80ry. Where costs cannot be directly attributed to particular headings they have been allocated to artivities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date a noted as a commitment but not accrued as expenditure. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Motor vehicles Computer equipment 25% on reducing balance 25% Dn reducin8 balan Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance far obsolete and slow movin8 Item5. Taxation The charity is exempt from corporation tax on its charitable artivities. Fund accounting Unrestrirted funds can be used in accordance with the charitsble objertives at the discretion of the trustees. Restricted funds can only be used for particular restricted purpose¢ within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restritted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other post-retirement beneffts The Charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 11 continued...
Pur e Commun Fund Notes to the Financial Statements- continued for the Year Ended 31 December 2024 DONATIONS AND LEGACIES 31.12.24 31.12.23 Donations Giftaid Grants 428,146 25,170 63,100 227,078 30,780 46,094 516,416 303,952 Grants received, included in the above, are as follows: 31.12.24 31.12.23 Trust and Foundation grants Corporate grants 38,000 25.100 32,800 13,294 63,ICQ 46.094 OTHER TRADING AcrivmES 31.x2.24 31.12.23 Fundraisin8 events Produrt sales 891 39,562 37.276 37,276 40,453 INVESTMENT INCOME 31.12.24 31.12.23 Deposit account interest 1,534 I,iio Page 12 continued...
Pur le Commun Fund Notes to the Financial Statements- continued forthe Year Ended 31 December 2024 RAISING FUNDS Raising donations and legacie5 31.12.24 31.12.23 Fundraiser Event costs Raffle prizes 22,860 3,240 7.267 3,775 26,100 11,049 Other trading activities 31.12.24 31.12.23 Opening stock Purchases Closing stock 27,478 20,866 125,6261 19,744 7,340 127,4781 22,718 13941 A8gre8ate amounts 48,818 10.655 CHARITABLE AcfiviTIES COSTS Grant funding of artivities (see note Support costslsee note 81 Dirert Costs 71 Totals UK Activities Philippine Activities 117,464 9,509 126.973 325.821 325,821 117.464 325,821 9,509 452,794 Page 13 continued...
Pur le Commun. Fund Notes to the Financial Statements - tontinued for the Year Ended 31 December 2024 GRANTS PAYABLE 31.12.24 31.12.23 Philippine Activities 325,821 212,706 The totsl grants paid to institutions during the year was as follows: 31.12.24 31.12.23 Upskills 325,821 212,706 SUPPORT COSTS Governance costs Other Totals UK Activities 5,356 4,153 9,509 NET INCOME/{EXPENDITURE) Net Income/lexpenditurel is stated after tharginvjlcreditingl: 31.12.24 31.12.23 Depreciation- owned assets 2.555 406 io. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees. remuneration or other bÈnefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 December2024 nof for the year ended 31 December 2023. Page 14 continued...
Pur le Commun Fund Notes to the Financial Statements - continued for the Year Ended 31 December 2024 ii. STAFF COSTS 31.12.24 31.12.23 Wages and salaries Social security costs Other pension costs 78,422 3,312 1,153 78,270 2,410 1,105 82.887 81,785 The average monthly numberof employees during the yearwas as iollows: 31.12.24 31.12.23 UK office staff No employees received emoluments in excess of £60,000. 12. COMPARATIVES FOR THE STATEMENT OF FINANCIALACTIVITIES Unrestricted fiJnd Restritted funds Totsl fund5 INCOME AND ENDOWMENTS FROM Donations and legacies 163.062 140,890 303,952 Other trading artivities Investment income 40.453 I,iio 40,453 I,iio Total 204,625 140,890 345,515 EXPENDITURE ON Raising funds 10,655 10,655 Charitable activities UK Activities Philippine Arttvities 119,889 80.564 119,889 212.706 132.142 Total 211,108 132,142 343,250 NET INCOME/IEXPENDITURE) Transfers between funds 16.4831 8.748 125,1 261 2,265 Net movement in funds 18.643 116,3781 2,265 RECONCILIATION OF FUNDS Total funds brought forward 106.065 28,038 134,103 TOTAL FUNDS CARRIED FORWARD 124,708 11,660 136.368 Page 15 continued...
Pur le Commun Fund Notes to the Financial Statements- continued for the Year Ended 31 December 2024 13. TANGIBLE FIXED ASSETS Motor vehicles Computer equipment Totals COST At ljanuary 2024 Additions 6,594 6,594 9,000 9,000 At 31 December 2024 9.000 6,594 15,594 DEPRECIATION At l January 2024 Charge for year 5,374 305 5.374 2.555 2,250 At 31 December 2024 2,250 5.679 7,929 NET BOOKVALUE At 31 December 2024 6,750 915 7,665 At 31 December 2023 1.220 1,220 14. STOCKS 31.12.24 31.12.23 Stocks 2i,626 27,478 15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Other debtors Prepayments 1.348 2,414 2,913 480 3,762 3.393 Page 16 continued...
Pur le Communi Fund Notes to the financial Statements- continued for the Year Ended 31 December 2024 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Trade creditors Social security and other taxes Other creditors Accrued expenses 1,962 1,971 626 2,400 3,781 34 2,400 6.215 6,959 17. MOVEMENT IN FUNDS Net movement in funds Transfers between fund5 At 31.12.24 At 1.1.24 Unrestricted fund5 General fund 124.708 16,0861 57.104 175,726 Restrlrted funds Upskills Education Upskills Health Upskills Welfare Upskills Xmas Upskills Livelihood 11,507 153 34,899 12,0191 16,575 2,572 7,673 136,5581 1,866 116,5751 11.9931 13,8441 9,848 579 3,829 11,660 59.700 157,1041 14,256 TOTAL FUNDS 136,368 53,614 189,982 Net movement in funds, included in the above are as follows: Incoming resou$ Resources expended Movement in funds Unrestricted fund5 General fund 321,743 1327.8291 16,0861 Restricted funds Upskills Education Upskills Health Upskills Welfare Upskills Xmas Upskills Livelihood 131.182 20,259 67,448 4,983 9,611 196,2831 122,2781 15G,8731 12,4111 11,9381 34,899 12,0191 16,575 2,572 7.673 233,483 1173,7831 59,700 TOTAL FUNDS 555.226 {501.6121 53,614 Page 17 continued...
Pur le Commun Fund Notes to the Financial Statements - continued for the Year Ended 31 DÈcember 2024 17. MOVEMENT IN FUNDS- continued Comparatives for movement in funds Net movement in funds Transfer5 between funds At 31.12.23 At 1.1.23 Unrestricted funds General fund 106.065 16.4831 25.126 124.708 Restricted funds Upskills Education Upskills Health Upskills Welfare Upskills Xmas Upskills Livelihood 24,347 30.199 1.070 5,244 11,0411 126,7241 143.0391 19171 16,3041 11.5901 26,724 11,507 153 1,060 2,631 28,038 8,748 125.1261 11,660 TOTAL FUNDS 134.103 2.265 136,368 Comparative net movement in funds. included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrirted funds General fund 204,625 1211,1081 16,4831 Restricted funds Upskills Education Upskills Health Upskills Welfare Upskills Xmas Upskills Livelihood 107,597 2,293 18.136 5,485 7,379 177,3981 11,2231 112.8921 16,5261 134.1031 30.199 1,070 5,244 11.0411 126,7241 140.890 1132,1421 8,748 TOTAL FUNDS 345,515 1343.2501 2,265 Page 18 continued...
Pur le Commun Fund Notes to the Financial Statements - continued forthe Year Ended 31 December 2024 17. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined position is as follows-. Net movement in funds Transfers betsveen funds At 31.12.24 At 1.1.23 Unrestricted funds General fund 106.065 {12.569) 82,230 175,726 Restricted funds Upskills Education Upskills Health Upskills Welfare Upskills Xmas Upskills Livelihood 24,347 65,098 19491 21,819 1,531 119.0511 179.5971 949 122,8791 13,5831 22.880 9,848 1,060 2.631 579 3,829 28,038 68,448 182,2301 14,256 TOTAL FUNDS 134,103 55,879 189,982 A current year 12 months and prior year 12 month5 combined net movement in funds. included in the above are as follows: Incomin8 resources Resources expended Movement in funds Unrestricted fund5 General fund 526,368 1538.9371 112.5691 Restricted funds Upskills Education Upskills Health Upskills Welfare Upskills Xmas Upskills Livelihood 238,779 22,552 85,584 10,468 16.990 1173,6811 123,5011 163.7651 18.9371 36.0411 65,098 19491 21.819 l.S31 {19,0511 374,373 1305.9251 68,448 TOTAL FUNDS 900,741 1844,8621 55,879 Page 19 continued...
Pur le Commun Fund Notes to the Financial Statements- eontinued for the Year Ended 31 December 2024 17. MOVEMENT IN FUNDS- continued Upskills Education: Funds received to support children in our edL'cation projects fDr our work in the Philippines with our partner Upskills plus foundation Inc. Upskills Health: Funds received for our health clinic and projects for our work in the Philippines with our partner Upskills plus foundation Inc. Upskills Welfare: Funds received for projects lated to welfare within the community for our work in the Philippines Wlth our partner Upskills plus foundation Inc. Upskills Xmas: Funds received for projects related to Christmas food parols for the children in our Education project and the community for our work in the Philippines with our partner Llpskills plus foundation Inc. Upskills Livellhood.. Funds received for projects related to livelihood for our work in the Philippines with our partner Upskills plus foundation Inc. Transfers between funds An administration percentsge up to 40% is taken from non-grant donations for specific Upskills and other projects. This is used to ensure the charity ha5 sufficient resources to cover the office and administration costs in the UK. The administration percentage is shown as a transfer from the Restricted Fund to Unrestricted. RELATED PARTY DISCLOSURES There were no related party transactions forthe year ended 31 December 2024. Page 20
Pur le Communi Fund Detailed Statement of Financial Activities for the Year Ended 31 December 2024 31.12.24 31.12.23 INCOME AND ENDOWMENTS Donation5 and legacies Donations Gift aid Grants 428,146 25,170 63,100 227,078 30,780 46,094 516.416 303,952 Other trading aetivtties Fundraising events Product sales 891 39,562 37,276 37.276 40,453 Investment income Oeposit account interest 1,534 I,iio Total Incoming resources 555.226 345,515 EXPENDITURE Raising donations and legacies Fundraiser Event costs Raffle prizes 22.860 3.240 7,267 3,775 26,100 11,049 Other trading artivities Opening Stock Purchases C105ing stock 27,478 20.866 125.6261 19.744 7.340 127,4781 22,718 13941 Charitable activtties Wages Social security Pensions Premises costs Insurance Carried forward 78,422 3,312 1,153 1,433 1.020 85.340 78,270 2,410 1,105 1,481 1,074 84,340 This page does not fomi part of the statutory financial statements Page 21
Pur le Communi Fund Detailed Statement of Financial Artivities forthe Year Ended 31 December 2024 31.12.24 31.12.23 Charitable artivities Brought fonmard Telephone and stationary Travel and subsistence Advertising and marketing Sundries Bank and paypal charges Computer consumables Subscriptions Website costs Motor vehicles Computer equipment Grants to institutions 85,340 3,874 13,509 6,864 46 2,699 1,565 268 744 2.250 305 325.821 84,340 4,222 8,499 6,553 1,135 2.250 882 iio 968 406 212,706 443,285 322,071 Support costs Other Bookkeeping 5,356 5,645 Governance costs Accountancy Legal and professional fees 3,000 1,153 3,120 1,759 4,153 4,879 Total resources expended 501,612 343,250 Net income S3.614 2.265 This page does notform part of the statutory financial statements Page 22