Charity registration number: 1160417
The Anthony Knights Foundation Trust
Annual Report and Financial Stalemenls
for the Year Ended 5 April 2024

The Anthony Knights Foundation Trust
Contents {continued)
Reference and Administralive Details
Trustees, Report
2to4
Sialemenl of Trustees, Responsibilities
Independent Examine15 Report
Sialemenl of Financial Activities
Balance Sheet
Notes to the Finan¢ial Sialemenls
91024

The Anthony Knights Foundation Trust
Reference and Administrative Details
Chief Executive Officer
N Banger
Trustee5
A C Knighis. Chairnlan
J Burrows. Secretary
P South
V Patel
G O'shea
J M Knights
1160417
Charity Reglstration Number
PrincipAI Otriee
Unit 21, Trafalgar Way
Camberley
Surrey
GU153BN
Independent Examlner
Stewart & Co Accountan15 LLP
Knoll House
Knoll Road
Camberley
Surrey
GU15 3SY
Page I

The Anthony Knights Foundation Trust
Trusteesl Report
The trustees present the annual report together with the financial statements of the charity for the year ended 5
April 2024.
ObJe¢tlves and A¢¢ivities
Objectives and aims
The Anthony Knights Foundation Trust is a children's charity based in Camberleyl Surrey. The Foundation is
about increasing positive experiences for children throughoul Surrey, Hampshire and Berkshir¢ who are
terniinally ill, disabled or living in extreme poverty.
The objectives of the Foundation are: to promote health and education. and the relief of those in need by reason
of youth age ill health disability financial hardship or other disadvantage.
The Foundation's aim is to provide much needed specialisl equipment. practical help and memorable Childhood
experien¢¢s.
The Foundalion also aims lo build the self-e5teem of di5adv4ntaged children and to assist siblings and families
lo cope with the everyday prc55ures.
Publlc benejli
The trustees confirm they have discussed the issue of public benefit and are confident that the breadth and scope
of the work the charity und¢rtake5 complic5 With S¢ction 17 of the Charities Acl 201 l and has due regard to the
Charity Commission's general guidance on public benefit.
Structure? governance and management
Nolure ofgoverninx documenl
The Charity is conlrolled by ils governing document. a constitution, and is a Charitable Incorporated
Organisation (CIO).
Recruitn￿MI ond oppolntmenl of Iru.slee.
Trustees a￿ aciive members who have proved themselves to be dedicated and commilted lo the cause of the
charity. The trustees are subject to election having regard to skills, knowledge and experience needed for the
effective administration of the charity.
Trustees are appointed for a tem of 3 years by a resolulion passed ai a properly convened meeting of the charity
lrnstee5. There is opportunity for re-election al Ihe end of Ihe 3 year lenn. The board of trustees is responsible
for appointing new trustees. Recruilment is often through recommended personnel. however consideration is
made of ihose who offer their services. In selecting) individuals for appointment as Iruslees. the charity trustees
musl have regard for the skills, knowledge and experience needed for the effective administration of the CIO.
There musi be ai leasi 3 charity Iruslees. If the number falls below this minimum, the remaining trustee or
trustees may act only lo call a meeting of ihe charity trustees, or to appoint a new charity trnslee
Page 2

The Anthony Knights Foundation Trust
Trustees, Report (continued)
Financial review
Donalions and legacies hav¢ increased io the charity in this financial year. Expendilure has a150 increased,
however due lo the significant increase in donations received the charity has improved ihe funds position. Total
runds at the end of the year are £324.884 (2023: £314,980) of which unrestricted funds are £300,333 (2023:
£286.025).
In addition. expenditure has also increased in the year. bul despite this, the charily has still managed to report a
positive movement in funds for the year of £9.994. increasing funds catTied forward to £324,884 of which
£300.333 are unreslricled.
Pollcy on reserves
order to ensure operations can continue wiihoul interrnplion or harm to Ihe charily's service. the charity aims
lo ensure a minimum reserve level of £S0.000. This exceeds the required reserve level that equals three months
operating costs and will be held in the charity's reserve high inieresl Lloyds bank accounls.
Inve51menipollcy and obJe¢lives
The governing document allows the ¢harily a wide range of investment powers. The currenl inveslmenl policy is
to place funds in excess of short le￿ commitments in high inleresl Lloyds bank accounts. This ensures a
prudent approach to managing ihe charities finances and maximi5alion of income. In the absence of specific
ondilions from funders, accrued inleresl is treated as unrestricted income.
Fln8ncial instruments
ObJeclive5 andpollcle.
The charity's activities expose it to a number of financial risks including credit risk. cash flow risk and liquidity
risk. The use of financial derivatives is governed by the charity's policies approved by the board of trustees,
which provide wrilten principles on Ihe use of financial derivalives 10 manage these risks. The charily does not
use derivative financial inslrumenls for speculative purposes.
Cashflow risk
In the unlikely event of cash flow problems, the reserve funds will be used. In the fulure inleresl-bearing asseis
and liabilities will be held at fixed rale to ensure ccrtainty of cash flows.
Credll rlsk
The charity's principal financial assels are bank balances and cash, trade and other ￿¢¢IvableS, and investments.
During the year. the charity has no bank loans. loans or overdrafts.
The charity has no significant concentration of credit risk.
Employment of disabled persons
The Anthony Knights Foundation Trust operaled an equal opportunities policy.
Creditor payment policy
Paymenls are made within 30 days to suppliers.
EnvironmentAI poliey
The chhrity recognises that ils activilies have a direct and indirect impact on the environment and recognis¢s its
responsibility lo ensure sound environmentally and socially responsible practices in all of ils activities.
Page 3

The Anthony Knights Foundation Trust
Trustees, Report (continued)
The annual report was approved by the of the charity on
and signed on its behalf by..
A C Knighis
Trustee
Page 4

The Anthony Knights Foundation Trust
Statement of Trustees, Responsibilities
The Iruslees are reswnsible for preparing ihe trustees. report and Ihe financial slalemen15 in accordance with the
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounling Prdclice) and
applicable law and regulations.
The law applicable lo charities requires the Iruslees to prepare financial slalemenls for each financial year which
give a tru¢ and fair view of the slate of affairs of the charity and of the incoming resources and application of
resources of the Charity for that period. In preparing these financial slalemenls, the trustees are required to..
selecl suitable accounting policies and then apply them consistently.
observe the methods and principles in ihe Charilies SORP:
rnake judgements and esiimaies ihai a￿ reasonable and prudent.
slate whether applicable accounling standards have been followed. subjecl to any material departures
disclosed and explained in the financial slatemenls: and
prepare the financial slalemenls on the going concern basis unless il is inappropriaie to presume ihai the
charity will continue in business.
The Irusiees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any
lime the financial position of the Charity and enable them lo ensure Ihal the financial stalemenls comply with the
Charilie5 Aci 2011. Ihe Charitie5 (Accounts and Report5) Regulalions 2008, and the provisions of the
conslilution. The irnslees are also responsible for safeguarding th¢ assets of the charity and hence for taking
reasonable sleps for Ihe prevenlion and detection of fraud and other irregularilics.
The trustees arc responsible for Ihe maintenance and integrity of the corporate and financial inforn]ation
included on the charilable company's website. Legislation governing the preparation and dissemination of
rinancial slalemenls may differ from legislation in other jurisdictions.
rnancial slalemenls on pages 7 to 24 were approved by the trustees. and authorised for issue on
.zf and signed on their behaifby..
A C Knighis
Trustee
Page 5

The Anthony Knights Foundation Trust
Independent Examiner's Report to the trustees of The Anthony Knights Foundation
Trust
I report to the Iruslees on my examination of the accounts of The Anthony Knights Foundation Trust for the year
ended 5 April 2024.
Responsibilities and basis of report
As the charity tnistee5 of The Anthony Knights Foundation Trust you are responsible for the preparation of the
a¢count5 in accordance with the requirements of the c.harities Act 2011 ('the Act.).
I report in respect of my examination of the The Anthony Knights Foundation Trust's accounts carried out under
section 145 of the 201 l Act and in carryingy out my examination I hav¢ followed all the applicable Direclions
given by the Charily Commission under section 145(51(b) of th¢ Act.
Independent ex4mlner's $¢4tem¢nt
I have completed my examination. I confirm Ihal no material matters have come to my attention in connection
with the cxaminalion giving me cause to believe that in any material respecl..
accounting records were not kept in respect of The Anthony Knight5 Foundation Trust as required by
section 130 of the Act; or
2. the accounts do not accord with ihose records: or
3. the accounts do not comply with the accounting requirements concerning the forni and content of accounts
sel out in the Charities (Accounts and Reports) Regulations 2008 oiher than any requirement that the
accounts give a 'true and fair view, which is not a maller considered as part of an independent
examination.
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 (he accounts to be reached.
C A Ryan, ACA
ICAEW
Knoll House
Knoll Road
Camberley
Surrey
GU153SY
Date..
Page 6

The Anthony Knights Foundation Trust
Statement of Financial Activities for the Year Ended 5 April 2024
Total
21J24
Unrestricted
Restrieted
Nole
Income and Endowments from:
t)onalions and legacies
Charilable activities
Oiher trading activities
Other income
200,771
4,359
6,642
6,444
24.504
225,275
4,359
6.642
6,444
Total Income
218,216
24,504
242,720
Expenditure on:
Raising funds
Charitable activilies
1153,131)
(50.7771
{648)
(28,170)
{153,779>
178,947)
Total Expendilure
(203,908)
(28,818)
(232,726)
Nel movement in funds
14,308
(4,314)
9,994
Reconclliatlon of fund$
Total fund5 brought forward
Total funds carried forward
286,025
28,865
314,890
300.333
24,551
324,884
Totil
2023
Unrestricted
Restricted
Note
Ineome and Endowments from:
Donations and legacies
Charitable activities
Other Irading aclivilies
oiher income
295,265
17,477
,333
18.343
16,344
311,609
17,477
1,333
18.343
Toial Income
332,418
16.344
348,762
Expenditure on;
Raising funds
Charitable activities
(128,004)
{77,615)
(648)
(20,0311
{128.6521
(97.646)
Total Expenditure
1205,619)
{20.679)
226,298)
Nel movement in funds
126,799
(4.335)
122,464
Reeoncili8tion of funds
Tolal funds brought forward
159,226
33,200
192.426
Total funds carried forward
18
286,025
28,865
314.890
All of the charily's aciivities derive from continuing operations during the above two periods.
The notes on pages 9 to 24 form an inlegral part of these financial stalernents.
Page 7

The Anthony Knights Foundation Trust
{Registration number: 1160417)
Balance Sheet as at S April 2024
2024
2023
Note
Fixed assets
Intangible assets
Tangible a5selS
Inve51m¢n15
12
13
14
470
209.321
1,598
220,669
209.792
222,268
Current Asse¢$
Debtors
Cash al bank arbd in hand
15
42,467
112.942
45,666
139,526
155,409
185,192
Creditors: Amount5 falling due wlthin one year
16
(32,917)
{69,1491
IYe¢ eurrent assets
122.492
116,043
Total assets less current liabilities
332.284
338,311
Creditors: Amounts fAlllng due *fter more than one year
Net Assets
17
(7,400)
(23,421)
324.884
314,890
Funds of the ¢h4rity:
Re$trl¢ted income funds
Restricted funds
24,551
28,865
Unres¢rl¢ted in¢ome funds
Unrestricted funds
300,333
286.025
To¢il funds
18
324.884
314,890
The financial statements on pages 7 10 24 were approved by the Irusiees, and auihorised for issue on
OJI￿1.1(..... And signed on Iheii behalf by:
A C Knigh15
Trustee
The notes on pages 9 to 24 fonn an integral part of these financial statements.
Page 8

The Anthony Knights Foundation Trust
Notes to the Financial Statements for the Year Ended 5 April 2024
Accounting policies
General information
The charity is a registered charity in England and Wales and is a Charitable Incorporated Organisation (CIO).
charily nurnber 1160417.
The address ofihe principal 0￿1CC is Unit 21, Trafalgar Way, Camberley, Surrey, GU15 3BN.
StAtement of ¢ompliAnee
The financial slalemenls have been prepared in accordance with Accounting and Reporting by Charities..
Siatemeni of Recommended Praciice applicable lo charilies preparing their accounts in accordance wilh the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January
2015) - {Charilies SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) and th¢ Charities Aci 2011.
Basi5 of preparatlon
The Anthony Knights Foundaiion Trust meets the definition of a public benefii enlily under FRS 102. Assets
and liabilities are initially recognised al historical cosl or transaction value unless otherwise 5taied in ihe
Tclevanl accountin8 policy notes.
The financial slalemenls are prepared in sterling, which is Ihc functional currency of the entity.
Monetary amounls in these financial slalemenls have been rounded lo the nearest £.
Going concern
The finan¢ial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material
uncertainlies related to ¢venls or condition5 that may cast significant doubt on Ihe ability of the charily to
onlinue as a going concem. The Iruslees make this assessmeni in re5pecl of a period of one year from the dale
of approval of the financial statements.
The trustees consider that there are no material uncertainties about ihe charity's abilily to conlinu¢ as a going
concern.
Exemplion from preparing group accounts
The charily has taken advantage of Ihe exemption from the requirement lo preparc consolidated financial
statements, on the grounds that the aggregale gross income of ihe group is less Ihan £1 million after
consolidation adjustmenls.
Income and endowments
Voluntary income including donalions. gifts. legacies and gran15 Ihal provide core funding or are of a general
nature is recognised when the charily has enliilemenl lo Ihe income. it is probable that the income will be
received and the amounl can be measured wilh s￿￿1clent reliability.
Page 9

The Anthony Knights Foundation Trust
Notes to the Financial Statements for the Year Ended 5 April 2024 (continued)
Donolions and legacie5
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be
reliably measured.
Granls receivuble
Grants are recognised when ihe charity has an eniiilemenl lo the funds and any condition5 linked to the grants
have been met. Where perforniance conditions are attached to the grant and are yet lo be met, the income is
re¢ognised as a liability and included on ihe balance sheet as deferred income 10 be released.
Deferred Income
Deferred income represents amounts receiv¢d for future periods and is released lo incoming resources in the
period for which. it has been received. Such incom¢ is only deferred when..
The donor specifies that the grant or donation mu51 only be used in future accounting, periods; or
The donor ha5 imposed conditions which musl be mel before ihe charity has unconditional entitlement.
Expenditure
All expenditure is recognised on¢¢ ihere is a legal or conslruclive obligation to that expenditure, it is probable
5eiilemenl is required and the amounl can be measured reliably. All costs are allocated to the applicable
expenditure heading that aggregate similar cosls lo that caiegory. Where costs cannot be directly attributed lo
particular headings they have been allocated on a basis consislenl with Ihe use of resources, with central staff
osls allocated on the basis of time spent. and depreciaiion charges allocated on the portion of the asset's Use.
her support costs are allocated based on the spread of slaff cosis.
Ral.slngfunds
These are costs incurred in attracting volunlary income, the management of inveslments and those incurred in
trading activities that raise funds.
Charllable activilies
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services
for ils beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an
indirect nature necessary to support them.
Support ¢os¢$
Support costs include central functions and have been ollocated to activity cosl categories on a basis consistent
with the use of resources, for example, allocating property costs by floor areas, or per ¢apiia. staff costs by the
lime spent and other costs by their usage.
Governance costs
These include the costs attributable lo the charity's compliance with Constitutional and statutory requirements.
including audit. strategic management and Iruslees, meelings and reimburs¢d expenses.
Governmen¢ grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset
received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating lo revenue
are recognised in income over Ihe period in which the related costs are recognised. Grants relating lo assets are
recognised over the expected useful life of the asset. Where part of a grant relating to an asset 15 deferred, it is
recognised as deferred income.
Page 10

The Anthony Knights Foundation Trust
Notes to the Financial Statements for the Year Ended 5 April 2024 (continued)
Taxation
The charity is considered io pass the lesls set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporation lax purposes. Accordingly. the
charity is polenlially exempi from laxalion in respect of income or ¢apilal gains received within categories
covered by Chapler 3 Part I l of the Corpordlion Tax Acl 2010 or Section 256 of Ihe Taxation of Chargeable
Gains Act 1992, to the exlenl Ihal such income or gains are applied exclusively to charitable purposes.
Intangible Issels
Intangible assets are stated in the Balance Sheet at cost less a¢eumulaled amortisation and impainnent. They are
amortised on a Slraighi line basis over iheir estimated useful lives.
Tangible fJ%ed issets
Individual fixed assels are initially recorded al cost.
Amor¢lsa¢lon
Amortisation is provided on intangible fixed assets so as to write off the cosl, less any estimated residual value,
over their expected useful economic life as follows.,
Asset class
Software
Amortisation method and rate
5 year5 Straight line
Depreciation and amortis4¢ion
Depreciation is provided on tangible fixed as5els so as to write off the cost or valualion. less any eslimaled
residual value, over their expected useful economic life as follows:
Asset class
Planl and equipment
Compuler equipment
Land and buildings
Depreciation method gnd rate
250/0 reducing balance
33.30/0 reducing balance
25 years slroighi line
Research and development
Research and developmenl expenditure is writlen off as incurred.
Filed asset investments
Fixed asset inveslrnenls, other than programm¢ related inveslmenls. are tncluded at market value al the balance
sheet date. Realised gains and losses on investments are calculaled as the difference between sales proceeds and
their market value al ihe slart of ihe year, or their subsequent cost, and are char8ed or crediled to the Statement
of Financial Activities in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are credited or
charged io the Statement of Financial Aciivilies based on ihe market value at Ihe year end.
Investments in subsidbaries
nveslmenl in subsidiaries is included at cost less irnpaiment value al the balance sheet dale.
Pagell

The Anthony Knights Foundation Trust
Notes to the Financial Statements for the Year Ended S April 2024 (continued)
Borrowings
Interest-bearing borrowings are initially recorded ai fair value, net of transaction cos15. Interest-bearing
borrowings are subsequently Ca￿led at amortised cost. with the difference between Ihe proceeds, net of
transaction costs, and the amount due on redemption being recognised as a charge to the Siatement of Financial
Activities over Ihe period of the relevant borrowing.
Interest expense is recognised on the basis of the effeclive interest method and is included in interest payable
and similar charges.
Borrowings are classified as current liabilities unless the charity has an un¢onditional righi io defer settlement of
the liability for ai least twelve months after the reporting dale.
Fund structure
Unrestricted income funds are general funds that are available for use al the trustees, discretion in furtherance of
the objectives of the charity.
Restricled income funds are those donaled for use in a particular area or for specific purposes. the usc of which
is reslricted to that area or purpose.
Penslon$ other post retirement oblig4¢ions
The charity operates a defined conlribulion pension scheme which is a pension plan under which fixed
contributions are paid into a pension fund and the charity has no legyal or conslruclive obligation lo pay further
contributions even if the fund does not hold 5ufficienl assets lo pay all employee5 Ihe benefits relating to
employee service in the current and prior periods.
Contributions lo defined contribution plans are recognised in the Sialemenl of Financial Activities when they are
due. If contribulion payments exceed the contribution due for service, the excess is ￿cOgnIsed as a prepayment.
FinAnclAI Instruments
Cla.fslJ7calioii
Financial assets and financial liabilities are recognised when the charity becomes a party lo the conlracluhl
provisions of the instrumenl.
Financial liabilitie5 and equity instruments are classified according to the substance of the contractual
arrangemen15 entered into. An equity inslrument is any contract that evidence5 a residual interest in the assets of
Ihe chariiy after deducting all of its liabilities.
Page 12

The Anthony Knights Foundation Trust
Iyotes to the Financial Statements for the Year Ended 5 April 2024 (continued)
Re¢ognilion aiid mea.Fiiremenl
All financial assets and liabililie5 are initially measured al trdnsaclion price {including transaction cos15). excepl
for those financial assets classified as at fair value through profit or loss, which are initially measured at fair
value {which is nomally the Iransaclion price excluding Iransaclion ¢osls), unless the atTang¢menl conslilutes a
financing Iransaclion. If an a￿angement constitutes a financing transaction. Ihe financial asset or financial
liabilily is MeasU￿d al the present value of the future payments discounted al a market rale of interest for a
similar debi instrumenl.
Financial assets and liabilities are only offset in the sialement of financial position when. and only when there
exists a legally enforceable right 10 sel off the recognised amounts and ihe charity intends either lo settle on a
net basis. or lo realise the asset and settle the liabilily simulianeously.
Financial assets are derecognised when and only when a) the conlraclual rights to the cash flows from the
financial assei expire or are settled. bl the charity transfers lo another party subsianlially all of the risks and
rewards of ownership of the financial asset, or cl the charity, despite having reiained some, bul nol all,
significanl risks and rewards of ownership, has transfe￿ed control of the asset lo another party.
Financial liabilities are der¢cognised only when the obligation specified in the coniracl is dis¢harged. cancelled
or expires.
2 Income from don¥tlons and leg4eles
Unrestricted
Total
2024
Total
2023
General
Restricted
Donations and legacie5;
Donations
Patron income
Grants, including Capital granls.
Government grants
80.199
24.504
104,703
193,680
117,929
8,755
8.755
200.771
24,504
225,275
311,609
3 Incom¢ from charitable aelivliies
Unrestricted
funds
General
Total
2024
Tolal
2023
Lodge Renial Income
4,359
4,359
17,477
4 Income from other trading actlvlties
Page 13

The Anthony Knights Foundation Trust
Notes to the Financial Statements for the Year Ended 5 April 2024 (continued)
Unrestricted
Tot41
2024
Total
2023
General
Lotteries and competitions income
6,642
6,642
1.333
6,642
6.642
1,333
5 Other ineome
Unrestricted
funds
General
Totgl
2024
Total
2023
Income from trading subsidiary
6.444
6,444
18,343
Income from the trading subsidiary represenls income in respect of wages costs rechar8¢d lo the subsidiary
company.
Page 14

The Anthony Knights Foundation Trust
Notes to the Financial Statements for the Year Ended 5 April 2024 (continued)
6 Expenditure on raising fund5
) Costs of genernling don41ion$ And legacies
Unrestricted
Tot81
2024
Total
2023
General
Restrlcted
Note
Cost of fundraising activities
Allocated support costs
4,320
145.084
4,320
145.732
7.480
120.547
648
149,404
648
150,052
128,027
b) Costs of trading aetlvltles
Unrestricted
Total
2024
Total
2023
Gener41
Note
Event expendilure
Allocated support costs
130
495
3,727
3,727
3,727
3.727
625
Page 15

The Anthony Knights Foundation Trust
Notes to the Financial Statements for the Year Ended 5 April 2024 (continued)
7 Expenditure on eharitgble 4¢11vi¢les
Expenditure on eh4rlt4ble a¢¢ivities by fund type
Unrestrieted
Total
2024
Total
2023
GenerAI
Restricted
Note
Gifts and donations to
beneficiarie5
Lodge rental
Youth ambassador
programme
Allocated support
osls
17,604
963
17,604
23.145
47,599
20.685
22.182
600
5.172
5.772
31,610
816
32,426
29,362
50.777
28.170
78,947
97.646
Expenditure on charitable actlvbties by aetivity type
A¢tivi¢y
ndertiken
directly
Activity
support eosl$
2024
2023
Gifts and donations to beneficiaries
Lodge rental
Youth ambassador pmgramme
17,604
23,145
5.772
3,241
29,185
20,845
52.330
5.772
50,536
47,110
46,521
32,426
78,947
97,646
Page 16

The Anthony Knights Foundation Trust
Notes to the Financial Statements for the Year Ended 5 April 2024 (continued)
8 Analysis of 5uppor¢ cos1$
Support costs 4lloeated io raising funds
Other
support
cost5
Human
resources
Tolal
2024
Total
2023
Cosls of generating donations and legacies
103,102
42,630
145,732
120.549
Support costs Alloeated to charitable #ctivities
Other
support
¢os¢s
Governance FlnAnee
costs
eosl$
Human
resources
Admin
costs
Total
2024
Total
2023
Gifts and donations lo
beneficiaries
Lod¥e rental
695
6.255
(8)
(76)
2,204
19.844
44
398
306
2.764
3.241
29.185
2.936
26,425
6,950
{84)
22,048
442
3,070
32,426
29.361
9 Trustees remuneration 4nd expenses
No truslec5, 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 oiher benefits from the charity during the year.
Page 17

The Anthony Knights Foundation Trust
Notes to the Financial Statements for the Year Ended 5 April 2024 (continued)
10 Staff eo$t5
The aggregaie payroll cos15 were as follows..
2024
2023
Staff costs during the yeftr were:
Wages and salaries
Social security costs
Pension ¢osls
109,298
5,406
14,173
102.670
5.440
14.172
128.877
122,282
The monthly average number of persons (including senior management team> employed by the charity during
the year expressed as full lime equivalen15 wa5 as follows..
2024
2023
Staff
No employee received emoluments of more than £60,000 during the year
The total employee benefits of the key management personnel of the charity were £68,721 (2023 £68.721).
Note that durinLy the current year. a ￿￿$onable proporlion of the charity's wages costs were recharged to ils
subsidiary.
I l Taxation
The charily is a registered charity and is therefore exempl from taxation.
Page 18

The Anthony Knights Foundation Trust
Notes to the Finaneial Statements for the Year Ended 5 April 2024 (Continued)
12 Intangible fixed 4sset5
Other
bntangible
asset
Tot41
Cost
Ai 6 April 2023
5,640
5.640
Ai 5 April 2024
5,640
5,640
Amortlsation
Ai 6 April 2023
Charge for the year
4,042
4,042
At 5 April 2024
Net book v4lue
5.170
5,170
Ai 5 April 2024
470
470
Al 5 April 2023
1,598
1,598
13 Tangible fixed asset5
Land and
buildings
Plant and
equipment
Compuler
equipment
Total
Cost
Al 6 April 2023
At 5 April 2024
254,082
13,649
785
268,516
254,082
13.649
785
268,516
Depreciation
Ai 6 April 2023
Charge for ihe year
38.112
10.164
9,053
1,150
682
34
47.847
11.348
Ai S April 2024
48,276
10,203
716
59.195
]Yet book vglue
At 5 April 2024
205,806
3.446
69
209.321
At 5 April 2023
215,970
4,596
103
220,669
Included within the net book value of land and buildings above is £Nil (2023 £Nil) in respect of freehold land
and buildings and £205.806 (2023 £215.970> in respect of leaseholds.
Page 19

The Anthony Knights Foundation Trust
Notes to the Financial StAtements for the Year Ended 5 April 2024 (continued)
14 Fixed Asset investments
2024
2023
Shares in group undertakings and participating inieresis
ShAres in group undertakings p*rtlcip#ting interests
Subsidigry
undertakings
Total
Cost
At 6 April 2023
At 5 April 2024
Iyet book VAlue
Al 5 April 2024
Ai 5 April 2023
DetAils of undertakings
Delails of the investments in which the charity holds 200/0 or more of the nominal value of any Class of share
capital are as follows:
Country or
incorporltion
Proportion of voting rights Prln¢lp41
and shares held
acllvlty
UndertAklng
Holding
2024
2023
SubsidiAry undertakings
a￿ange
events
and
functions lo
generate
profit to be
designated
wholly
charitable
purposes
The Knigh15 Foundaiion
Limit¢d
England & Wales
Ordinary
I OOO/o
for
Page 20

The Anthony Knights Foundation Trust
Notes to the Financial Statements for the Year Ended 5 April 2024 (continued)
15 Debtors
2024
2023
Trade debtors
Due from group undertakings
Other debtors
8,783
32.297
,387
21.759
22.574
1.333
42.467
45.666
16 Creditors: amounts falling due wilhln one year
2024
2023
Trade creditors
Other loans
Other creditors
A¢¢nJals
Deferred income
5.596
8,633
1,455
6,750
10,483
2.000
36.325
2.815
6,600
21,409
32.917
69.149
Creditors due within one year includes the following liabilities. on which security has been given by the charity..
2024
2023
Other loan
28.925
D¢f¢rr¢d Income
2024
2023
Deferred income al 6 April 2023
Resources de[¢￿ed in Ihe period
Amount5 releas￿ Irom previous periods
Deferred income al year end
21.409
10.483
(21.4091
1,732
21.409
(11,732)
10,483
21.409
17 Creditor5: amount3 falling due after one year
2024
2023
Other loans
7,400
23.421
Credilors amounts falling due after more than one year includes the following liabililies, on which security has
been given by the charily-
2024
2023
Other loan
7.388
Page21

The Anthony Knights Foundation Trust
INotes to the Financial Statements for the Year Ended S April 2024 (continued)
18 Funds
Balance at 6
April 2023
Ineoming
resources
Resources
expended
Balance at 5
April 2024
Unrestricted funds
General
General
286,026
219.216
(204,7211
300,521
Re5trlcted funds
Lodge
App development
Youth Ambassador
27.946
918
14,014
{22,1851
16481
15,1721
19,775
270
4.318
9.490
TotAI restrl¢ted funds
28.864
23,504
(28,0051
24.363
Tolil funds
314,890
242,720
{232,726)
324,884
Balance at 6
April 2022
Incoming
resources
Resources
expended
Balance At 5
April 2023
Unrestricted fund$
General
General
159.226
332,418
1205.6181
286,026
Restrieted
Lodge
App development
31.634
1.566
16,344
{20,0321
(648)
27.946
918
Total restricted funds
33.200
16,344
(20,680)
28.864
Total funds
192,426
348,762
(226,2981
314,890
The specific purposes for which the funds are to be applied are as follows..
Lodge - purchase of the Knights Foundation Lodge and the provision of respite break5 for familie5 at the Lodge
App development - costs of developing the Teddy Bear Appeal app
Youth Ambassador programme - costs of running the The Knights Foundation Youth Amba55adorfs programme
lo provide and facilitate vocational and Social opportunities for young disabled adults
Page 22

The Anthony Knights Foundation Trust
Notes to the Financial Statements for the Year Ended 5 April 2024 (continued)
19 Analysis of net 455ets between funds
Unrestricted
funds
General
To¢41 fund$ 4t
5 April
2024
Res¢ri¢ted
funds
Intangible fixed assels
Tangible fixed assels
Fixed assel investments
Curreni assets
Current liabilities
200
206.872
270
2.449
470
209,321
136,692
{38,930)
17,330
154.022
(38.930)
Total nel assets
304.835
20.049
324,884
UDrestrieted
Total funds at
5 April
2023
Restricted
funds
Genersl
Intangible fixed assets
Tangibl¢ fixed assets
Fixed asset investments
Currenl assets
CutTent liabililie5
Creditors over l year
680
217,405
918
3,265
1.598
220.670
166,540
(75.177)
(23,421)
24.679
191.219
(75.177)
(23,4211
Total net assets
286,028
28,862
314,890
Page 23

The Anthony Knights Foundation Trust
Notes to the Financial Statements for the Year Ended S April 2024 (continued)
20 Related party transaetions
During the year the charity made the following relaied party transactions:
N Banger
(N Banger is the CEO of the charity.)
N Banger was remunerated for his role as CEO. further deiails ¢an be found within note 10 - Key Management
Personnel.
Ai the balance sheel date the amounl due to/from N Banger was £Nil (2023 - £Nil),
S B#nger
(S Banger is the wife of N Banger, CEO.)
S Banger was employed by the charity & received remunerntion of £35,501 (2023: £35,501) including
employers pension contributions.
At the balance sheel date the amount due io/frorn S Banger was £Nil (2023 - £Nil).
The Kni%ht5 Foundilion Limlted
(The Knights Foundation Limited is a l OOQ/o subsidiary of the charily.)
During the year the foundation recharged costs of £6,444 (2023.. £18.343) to the company in respe¢l of
recharged wages costs..
At the balance sheet date the amount due from The Knights Foundalion Limited was £32,297 (2023 - £22,574).
Page 24