Charity registration number.. 1160417 The Anthony Knights Foundation Trust Annual Report and Financial Statements for the Year Ended 5 April 2025
The Anthony Knights Foundation Trust Contents (continued) Reference and Administrative Details Trustees, Report Statement of Trustees, Responsibilities Independent Examiner's Report Statetnent of Financial Activities Balance Sheet Notes to the Financial Statements 8t022
The Anthony Knights Foundation Trust Reference and Administrative Details Chief Executive Officer N Banger Truslees A C Knights, Chainnan J BuOW5, Secretary P South V Patel G O'shea J M Knights 160417 Charity Registration Number Principal Olee Unit 21, Trafalgar Way Camberley Surrey GU15 JBN Independeni Examiner Stewart & Co Accountants LLP Knoll House Knoll Road Camberley SUeY GU15 JSY Page I
The Anthony Knights Foundation Trust Trustees, Report The trustees present the annual report together with the financial statements of the charity for the year ended 5 April 2025. Objectives and activities Objeclives and ainLf The Anthony Knights Foundation Trust is a children's charity based in Camberley, Surrey. The Foundation is about increasing positive experiences for children throughout Surrey, Hampshire and Berkshire who are tenninally ill, disabled or living in extreme wverty. 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 specialist equipmen( practical help and memorable childhood experiences. The Foundation also aims to build the self-esteem of disadvantaged children and to assist siblings and families to cope with the everyda). pressures. Public benefit The trustees confinn they have discussed the issue of public benefit and are confjdent that the breadth and scope of the work the charity undertakes complies with Section 17 olthe Charitie5 Act 201 l and has due regard to the Charity Commission's general guidance on public benefit. Structureg governanee and management ature ofgoverning document The charity is controlled by its governing document, a constitution, and is a Charitable Incorporated Organisation (CIO). Recruilpnenl and appoinlmenl oflru51ees Trustees are active members who have proved themselves to be dedicated and committed to 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 lenn of J years by a resolution passed at a properly convened meeting of the charity trustees. There is opportunity for re-eleclion at the end of the J year tem). The board of trustees is responsible for appointing new trustees. Recruitment is often throu2h recommended personnel. hoivever consideration is made of those who offer their services. In selecling individuals for appointment as trustees, the charity trustees must have regard for the skills, knowledge and experience needed for the effective administration of the CIO. There must be at least 3 charity trustees. If the number falls belo-. this minimum, the remaining trustee or trustees May act only to call a meeting of the charity trustees, or to appoint a new charity trustee Financial review Donations and legacies have increased to the charity in this financial year. Expenditure ha5 remained broadly in line with the previous period. Total funds ai the end of the year have increLsed to £J56.299 (2024: £324,884) of which unrestricted funds are £335,244 (2024: £300.033). Page 2
The Anthony Knights Foundation Trust Trustees, Report {continlled) Policy on reserves In order to ensure operations can continue withoul intemiption or harni to the charity's service. the charity aims to ensure a minimum reserve level of £50,000. This exceeds the required reserve level that equals three moiiths operating costs and will be held in ihe Charity's reserve high interest Lloyds bank accounts. Inve51mentpolicy and objective5 The governing document allows the charity a w.ide range of investhient powers. The current investment policy is to place funds in excess of short iem) commitmenis in high interest Lloyds bank accounts. This ensures a pwdent approach to managing ihe charities finances and maximisation of income. In the absence of specific conditions from funders, accrued inlerest is treaied as unrestricted income. Financial instruments Objeclives andpolicies 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 WTitten principles on the use of financial derivatives to manage these risk5. The charity does not use derivative financial instruments lor Speculative purpose5. Cashflow risk In the unlikely event of cash flow problems. the reserve funds will be used. In the future interest-bearing assets and liabilities will be held at fixed rate to ensure certainty olca5h flows. Credit risk The charity"'s principal financial assets are bank balances and cash, trade and other receivables, and investrnents. During the year, the charity has no bank loans, loans or overdrafts. The charity has no significant concentration olcredit risk. Employment of disabled perSODS The Anthony Knights Foundation Trust operated an equal opportunities policy. Creditor payment policy Payments are made within 30 days to 5upplieT5. Environmental policy The charity recognises that its activities have a direct and indirect impact on the environment and recognises its responsibility to ensure sound environmentally and socially responsible practices in all of its activities. The annual report was approved by the of the charity on 29 December 2025 and signed on its behalf by: A C Knights Trustee Page i
The Anthony Knights Foundation Trust Statement of Trustees, Responsibilities The trustees are responsible for preparing the trustees. report and the financial statement5 in accordance with the United Kingdom Accounting Standards (United Kingdom Generdlly Accepted Accounting Practice) and applicable law and regulations. The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to= select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charitie5 SORP- make judgements and estimates that are reasonable and prudent- state whether applicable accouniing standards have been followed. subject to any material departures disclosed and explained in the financial $teMentS- and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounling records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008. and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the mainlenance and integrity of the corporate and fmancial inforniation included on the chariiable companv's website. Legislation governing the prepardtion and dissemination of financial statements may differ from legislalion in other jurisdictions. The financial statements on pages 6 to 22 were approved by the trustees, and authorised for issue on 29 December 2025 and signed on their behalf by.. A C Knights Trustee Page 4
The Anthony Knights Foundation Trust Independent Examiner's Report to the trustees of The Anthony Knights Foundation Trust I report to the trustees on my examination of the accounts of The Anthony Knights Foundation Trust for the year ended 5 April 2025. Responsibilities and basis of report As the charity trustees of The Anthony Knights Foundaiion Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities 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 ?0 I l Act and in carrying oui my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement Since The Anthony Knilts Foundation Trust's gross income exceeded £950,000 }'our examiner rnust be a member of a body listed in section 145 of the 2011 Aci. I confimi that l am qualified to undertake the examination because l am a member of ICAEW. which is one of the listed bodies. I have completed my examination. l Confirm that no material matters have come to my attention in connection with the examination giving me cause to believe thai in any maierial respect: accounting records were not kept in respect of The Anthony Knights Foundation Trust as required by section 130 of the Act: or 2. the accounts do not accord with those records; or the accounts do not comply with the accounting requiremenls concerning the fonn and content of accounts set out in the Charities {Accounts and Reports) Regulalions 2008 other than any requirement that the accounts give a 'true and fair view, which As not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection '1th the examination to which attentioii should be draTh'n in this report in order to enable a proper underslanding of the accounts to be reached. Charlotte Ryan Bsc FCA ICAEW Knoll House Knoll Road Camberley Surrey GU15 3SY 29 December 2025 Page 5
The Anthony Knights Foundation Trust Statement of Financial Aetivities for the Year Ended 5 April 2025 Total 2025 Unrestricted Restricted Note Income and Endowment5 from: Donations and legacies Charitable activities Other trading activities 235,)86 9.290 5.427 13,966 249,J52 9,290 5.427 Total Income 250,IOJ 13,966 264,069 Expenditure on: Raising funds Charitable activities (194.607) (20,585) (194,607) (38,047) (17,462) Total Expenditure (915.192) (17,46?) {232,654) Net movement in funds 34,911 {3,496) 31,415 Reconciliation of funds Total funds brought fOard JOO,3JJ 24,551 J24,884 Total funds Caled fOard 17 21,055 J56,299 Total 2024 Unrestricted Restricted Note Income and Endowments from: Donations and legacies Charitable activiiies Other trading activities Other income 200,771 4,3)9 6,642 24,504 225,275 4,359 6,642 6,444 Total Income 218,916 24,504 242,720 Expenditure on: Raising funds Charitable activitie5 (15).131) (50,777) (648) (?8,170) (153,779) (78,947) Total Expenditure (?0).908) (28,818) {232,726) Net movement in funds 14,308 {4,J"14) 9,994 Reconcilialion of funds Total funds brought forward 286,025 28,865 314,890 Total funds carried fon¥ard 17 300,33) 24,551 324,884 All of the charity's activities derive from continuing operations during the above two periods. The notes on page5 8 to 22 form an integral part of these financial statements.
The Anthony Knights Foundation Trust (Registration number: 1160417) Balance Sheet as at 5 April 2025 2025 2024 Note Fixed assels Intangible assets Tangible assets Investments 470 12 198,272 209,321 198,?73 209,792 Current assets Debtors Cash at bank and in hand 14 23,699 148,106 42,467 112,942 171,805 155,409 Creditors: Amounts falling due Ivilhin one year 15 (13,779) (J2,917) Net eurrent assets 158,026 122,492 Total assets less current liabilities 356,299 332,284 Creditors: Amounts falling due after more than one year 16 (7,400) Net a55ets J56,299 J24,884 Funds of the charity: Restricted income funds Restricted funds 21,055 24,551 Unrestricted income funds Unrestricted funds 335,244 300,333 Total funds 17 J56,299 324,884 The financial statements on pages 6 to 22 were approved by the trustees, and authorised for issue on 29 December 2025 and signed on their behalf by-. A C Knights Trustee The notes on page5 8 to 22 form an integral part of these financial statements.
The Anthony Knights Foundation Trust Notes to the Financial Statements for the Year Ended 5 April 2025 l Accounting policies General information The charity is a registered charity in England and Wales and is a Charitable Incorporated Organisation (CIO), charity number 1160417. The address of the principal office is Unit 21, Trafaltrar Way. Camberley, Surrey. GU15 )BN. Statement of compliance The financial statements have been prepared in accordance with Accouniing and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019) - (Charities SORP {FRS 102)). the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102) and the Charilies Act 2011. Basis of preparalion The Anthony Knights Foundation Trust meets the definilion of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or trdnsaction value unless othen¥ise stated in the relevant accounting policy notes. The financial statements are prepared in sterlin& which is the functional cUencY of the entity. Monetary amounts in these financial statements have been rounded to the nearest £. Going concern The financial statements have been prepared on a going concern basis. The trustee5 assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements. The trustees consider that there a no material uncertainties about the charity's ability to continue as a going concern. Exemption from preparing group accounts The charity has taken advantage of the exemption from the requirement to prepare consolidated financial statements, on the grounds that the aggate gross income of the group is less than £1 million after consolidation adjustments. Income and endowments Volunlary income including donations. gifts. leiacies and grdnts that provide core funding or are of a general nature is recognised 'hen the charity has entiilemeni to the income, it is probable that the income will be received and the amount can be measured with sufficient reliabllity.
The Anthony Knights Foundation Trust Notes to the Finaneial Statements for the Year Ended 5 April 2025 (continued) Donations and legacie5 Donaiions and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured. Grants receivable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance 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 deferred income to be released. Deferred income Deferred income represents amounts received for future peri(Kls and is released to incoming resources in the period for which, it has been received. Such income is only deferred when: The donor specifies that the grant or donation musl only be used in future accounting periods. or The donor has imposed conditions which musi be met before the charity has uncondilional entitlement. Expendilure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregale similar costs to that calegorv. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent. and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Raisingfun(ts These are costs incurred in attracting voluntary income. the management of investments and those incurred in trading activities that raise funds. Charilable activities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its benefjciaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Support costs Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources. for example. allocating property costs b}, floor areas, or per capit4 staff costs by the time spent and other costs by their usage. Governance costs These include the costs attributable to the charity's compliance with constitutional and statutory requirements, including audiL strategic management and trustees, vneetings and reimbursed expenses. Government grants Govemment 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 to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income. Page 9
The Anthony Knights Foundation Trust Notes to the Finaneial Statements for the Year Ended 5 April 2025 (continued) Taxation The charity is considered to pass the tests sel out in Paragrdph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly. the charity is potentially exempt from taxation in respect of income or capitsl gains received withln categories covered by Chapter J Part I l of the Corporalion Tax Aci 2010 or Section 256 of the Taxatioi) of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Intangible assets Intangible assets are stated in the Balance Sheet at cost less accumulated amortisation and impairn]ent. They are amortised on a straight line basis over their estimated useful lives. Tangible fixed assets Individual fixed assets are initially recorded at cost. Amortisation Amortisation is provided on intangible fixed assets so as to write off the cost. less any estimated residual value, over their expected useful economic life a5 follow5- Asset class Software AmortlS2tion method and rate 5 years straight line Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to HTite off the cost OT valuation, le55 any estimated residual value, over their expected useful economic life as folloH's: Asset class Plant and equipment Computer equipment Land and buildings Depreciation melhod and rate 25 /0 reducing balance 3J.J /0 reducing balance 25 years Straight line Research and development Research and development expenditure is written off as incurred. Fixed assel investments Fixed asset investments, other than progrdmme relaied inveslments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference be'een sales proceeds and their market value at the start of the year. or their subsequent cosL and are charged or credited 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 to the Statement of Financial Activities based on the market value at the }'ear end. Investments in subsidiaries Investment in subsidiaries is included at cost less impairn]ent value at the balance sheet date. Page 10
The Anthony Knights Foundation Trust Notes to the Finaneial Statements for the Year Ended 5 April 2025 (continued) Borrowings Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequentl). carried at amortised cost. with the difference between the proceeds. iiet of transaction costs. and the amount due on redemption being recobmlsed as a charge to the Statement of Fin]cIal Activities over the period of the relevani borrO'1ng. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date. Fund structure Unrestricted income funds are general funds that are available for use at the trustees, discretion in furtherance of the objectives of the charity- Restricted income fLmds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Pensions and other post retirement obligations The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. Contributions to defined contribution plans are recognised in the Statement of Financial Activities M.-hen they are due. If contribution paynents exceed the contribution due lor Service, the exce55 is recognised as a prepayment. Financial instruments Classification Financial assets and financial liabilities are re¢ognised when the charity becomes a party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classlfied according to the substance of the contractual arrangements entered into. An equity instrumenl is any contrdct that evidences a residual interest in the assets of the charity after deducting all of its liabilities. Pagell
The Anthony Knights Foundation Trust Notes to the Finaneial Statements for the Year Ended 5 April 2025 (continued) Recognilion and measurement All financial assets and liabililies are initially measured at transaction price (including transaction costs), except for those financial assets classified as ai fair value through profit or loss, M".hich are initially 1CasUred at fair value (which is nornlally the transadion price excluding transaciion costs). unless the arrangement constitutes a financing transaction. If an arrangement constitules a financing transaction. the financial asset or financial liability is measured at the present value of the fuiure payments discounted at a market rate of interest for a similar debt instrument. Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognlsed amounis and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously. Financial assets are derecognised when and only when a) the contractual rights to the cash flom's from the rinancial asset expire or are settled. b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset. or c) the charity. despite having retained some, but not all, significant risks and rew'ards of ownership. has transfeed control of the asset to another party. Financial liabilities are derecognised only when the obligation specified in the contract 15 discharged, cancelled or expires. 2 Income from donations and legacies Unrestricted Totsl 2025 Total 2024 General Restricted Donations and legacies; Donations Patron income Grants, including capital grants- Government grants 130,40) 13,966 144,369 104,983 104,703 111,817 8,755 2J5,386 13,966 249,352 225,275 3 Income from charitable activities Unrestricted lunds General Tot21 2025 Totsl 2024 Lodge Rental Income 9.990 9,290 4,359 4 Income from other trading aclivilies Page 12
The Anthony Knights Foundation Trust Notes to the Finaneial Statements for the Year Ended 5 April 2025 (continued) Unrestricted Total 2025 Total 2024 General Lotteries and competitions income 5,427 5,427 6,642 5,427 5,427 6,642 5 Expenditure on raising funds a) Costs of generating donations and legacies Unrestricted Total 202) Total 2024 General Nole Cost of fundraising activities Allocated support costs 2,884 188,926 2,884 188,926 4,320 145,732 191,810 191,810 150,052 b) Costs of trading activities Unrestricted Total 2025 Total 2024 General Note Allocated support costs 2.797 2,797 3,727 2,797 2,797 Page li
The Anthony Knights Foundation Trust Notes to the Finaneial Statements for the Year Ended 5 April 2025 (continued) 6 Expenditure on charitable activities Expendilure on eharilable activities by fund tvpe Unrestricted Total 2025 Total 2024 General Restricted Note Gifts and donations to beneficiaries Lodge rental Youth ambassador programme Allocated support Costs 15.465 15,465 14,040 17,604 23,145 13,077 4,318 4.318 5,772 4,157 67 4.224 32,426 ?0,585 17,462 38,047 78,947 Expendilure on eharitable activities by activity type Activity undertaken directly Activity support costs 2025 2024 Gifts and donations to benefjciaries Lodge rental Youth ambassador programme 422 20,205 17.&12 20,845 14.040 5,772 4.924 38,(M7 78,947 Page 14
The Anthony Knights Foundation Trust Notes to the Finaneial Statements for the Year Ended 5 April 2025 (continued) 7 Analysis of sUPPOrt Costs Support costs allocated to raising funds Other SUPPOrt COStS Human re50urce5 Total 2025 Tolal 2024 Costs of generating donations and legacies 60,422 188.926 145,732 Support costs allocated to charitable activities Other support eosts Governanee costs Human Admin costs Total 2025 Total 2024 resourees Gifts and donation5 to beneficiaries Lodge rental 152 1,370 422 3,802 3,241 29,185 1.792 59 581 1,522 1,991 66 645 4.224 8 Trustees remuneration and expen5e5 No trustees, 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. Page 15
The Anthony Knights Foundation Trust Notes to the Finaneial Statements for the Year Ended 5 April 2025 (continued) 9 Staff costs The aggregate payroll costs were as follows: 2025 2024 Staff cosls during the year were: Wages and salaries Social security costs Pension costs 118,777 109,298 5,406 14,173 14,515 133,292 128,877 The monthly average number of persons (including senior management team} employed by the charity during the year expressed as full time equivalents was as follow's= 2025 2024 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 (2024 - £68,721). 10 Taxatio The charity is a registered charity and is therefore exempt from taxation. subject to certain thresholds. Page 16
The Anthony Knights Foundation Trust Notes to the Finaneial Statements for the Year Ended 5 April 2025 (continued) I I Intangible fixed a55ets Other intangible asset Total Cost At 6 April 2024 5,640 5,640 At 5 April 2025 5.640 5.640 Amortisalion At 6 April 2024 Charge for the year 5,170 470 5,170 470 At 5 April 2025 5,fv10 5,640 Net book value At 5 April 2025 At 5 April 2024 470 470 12 Tangible fixed assets Land and buildings Plant and equipment Computer equipment Total C05t At 6 April 2024 254,082 785 268,516 At 5 April 2025 254,082 785 268,516 Depreciation At 6 April 2024 Charge for the year 48,?76 716 23 59,195 11,049 At 5 April 2025 11,066 739 70,244 Net book value At 5 April 2025 46 198,272 At 5 April 2024 205,806 69 209,321 Included within the net book value of land and buildings above is £Nil (2024 - £Nil} in respect of freehold land and buildings and £195,64) (2024 - £205.806) in respect of leaseholds. Page17
The Anthony Knights Foundation Trust Notes to the Finaneial Statements for the Year Ended 5 April 2025 (continued) 13 Fixed a55et investments 2025 2024 Shares in group undertakings and participating interests Shares in group undertakings and participating interests Subsidiary undertaking5 Total Cost At 6 April 2024 At 5 April 2025 Net book value At 5 April 2025 At 5 April 2024 Details of undertakings Details of the investments in which the charity holds 2/0 or more of the nominal value of any class of share capital are as follows.. Country of incorporation Proportion of voting rights Principal and shares held activity Undertaking Holding 2025 2024 Subsidiary undertakings arrange events functions generate profit to be designated wholly charitable purposes to The Knilts Foundation Limited England & Wales Ordinary for Page18
The Anthony Knights Foundation Trust Notes to the Finaneial Statements for the Year Ended 5 April 2025 (continued) 14 Debtor5 2025 2024 Trade debtors Due from group undertakings Other debtors 8,783 32,297 1,387 23,699 23,699 42,467 15 Creditors: amounts falling due wilhin one year 2025 2024 Trade creditors Other loans Other taxation and social security Other creditors Accruals Deferred income 5,596 1,455 6,750 10,483 7.080 13,779 32,917 Deferred income 2025 2024 Deferred income at 6 April ?0?4 Resources deferred in the period Amounts released from previous periods 10,483 21.409 (10,48J) (21,409) Deferred income at year end 10,483 16 Creditors: amounts falling due after one year 2025 2024 Other loans 7,400 17 Funds Page 19
The Anthony Knights Foundation Trust Notes to the Finaneial Statements for the Year Ended 5 April 2025 (continued) Balance at 6 April 2024 Incoming resources Resourees expended Balance at 5 April 2025 Transfers Unrestricted fund5 General General JOO.3JJ 254.779 (214,985) (4,88J) Restricted funds Lodge App development Youth Ambassador 9.290 (13,081) (270) (4.318) 4,883 21,055 270 4,318 Total restricted funds 24,551 9.?90 (17,669) 21,055 Total funds J24,884 264,069 (?32,654) J56,299 Balance at 6 April 2023 Incoming resources Resourees expended Balanee at 5 April 2024 Unrestricted funds Generol General 286.026 219.216 (204,909) 300,33) Restricted Lodge App development Youth Ambassador 27.946 918 14,014 (21,997) (648) {5.172) 19,963 270 4,318 9,490 Total restricted funds 28,864 23,504 (27,817) 24,551 Total funds )14,890 242.720 (232,726) 324,884 The specific purposes for which the funds are to be applied are as follo,5- Lodge - purchase of the Knights Foundation Lodge and the provision of respite break5 for families at the Lodge App development - Costs of developing the Teddy Bear Appeal app Youth Ambassador programme - costs of running the The Knights Foundation Youth Ambassador's programme to provide and facilitate vocational and s(Kial opportunities for young disabled adults Page 20
The Anthony Knights Foundation Trust Notes to the Finaneial Statements for the Year Ended 5 April 2025 (continued) 18 Analysis of net a55ets between funds Unrestricted (unds General Total funds at 5 April 2025 Restrieled funds Tangible fjxed assets Fixed asset investments Current assets 196,4J5 1.837 198,272 152,587 (13,779) 19,218 171,805 (13,779) Current liabilities Total net assets ))5 ?44 356,299 Unrestricted fund5 General Total fund5 at 5 April 2024 Restricted funds Intangible fixed assets Tangible flxed assets Fixed asset investments Current assets Current liabilities 200 270 470 206,872 2,449 209,321 l J6,692 {i8.930) 154,022 (38,930) Total net assets )04.8)5 20,049 324,884 Page21
The Anthony Knights Foundation Trust Notes to the Finaneial Statements for the Year Ended 5 April 2025 (continued) 19 Related party transactions During the year the charity made the following related party transactions: N Banger (N Banger is the CEO of the ¢harity.} N Banger was remunerated for his role as CEO. further details can be found within note l O - Key Management Personnel. At the balance sheet date the amount due to/from N Banger was £Nil (2024 - £Nil). S Banger (S Banger is the wife of N Banger, CEO.) S Banger 'aS emplo}'ed by the charity & received remuneration of £35,501 (2024: £35,501) including employers pension coniributions. At ihe balance sheet date the amount due tolfrom S Banger was £Nil (2024- £Nil). The Knights Foundation Limited (The Knit5 Foundation Limited is a l 000/0 5ub5idiary olthe charity.) During the year the foundation recharged costs of £Nil (20?4- £6,444) to the company in respect of recharged wages costs.. At the balance sheet date the amount due from The Knights Foundation Limited was £23,699 (2024 - £J2,297). Page 22