Charity Registration No. 1161366
Company Registration No. 09136891 (England and Wales)
UK GIVES LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
UK GIVES LTD
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Mr J Bonder |
|---|---|
| Mrs N Smith | |
| Mr R Mendel | |
| Charity number | 1161366 |
| Company number | 09136891 |
| Registered office | 483 Green Lanes |
| London | |
| N13 4BS | |
| Independent Auditor | Landau Morley LLP |
| 325-327 Oldfield Lane North | |
| Greenford | |
| Middlesex | |
| UB6 0FX | |
| Bankers | Lloyds Bank Ltd |
| 188-190 Breck Road | |
| Liverpool | |
| L5 6PX |
UK GIVES LTD
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 3 |
| Independent Auditor's report | 4 - 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Statement of cash flows | 9 |
| Notes to the financial statements | 10 - 16 |
UK GIVES LTD
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 JULY 2024
The trustees present their report and financial statements for the year ended 31 July 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective from 1 January 2019).
Objectives and activities
The purpose of the charity is to advance such charitable purposes (according to the law of England and Wales) for the public benefit as the trustees see fit from time to time.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
To this end, we have worked to raise awareness and support for outstanding charitable causes within the United Kingdom and outside of it, in accordance with the guidelines provided by the Charity Commission and by the HMRC.
Applications received for grant funding are considered and determined in accordance with the charity's Grant Making Policy Statement which is reviewed annually.
Our trustees serve as volunteers and empower the activities of the charity.
Achievements and performance
This year we have decreased the number of programs that we support to 28. The total incoming donations received was £2,340,619 (2023: £472,695) and total value of outgoing donations and program expenditures was £2,100,883 (2023: £461,447).
The charity has worked to provide a public audience, through its web activities and platforms, for causes that it has identified as outstanding and worthy of support. The charity also provides its platform for supported causes to use to promote themselves and to raise funds.
Over the course of the year, we successfully supported 103 outstanding causes and programs.
We aim to be a leading marketing and fiscal channel for learning about and supporting outstanding charitable causes.
We measure our success according to the funds that we raise in the reporting period.
This fiscal year 98% of the revenue that we collected was invested in programs and as donations for the charitable causes and programs that we support. We collected our revenue largely from online fundraising channels and platforms, and by partnering with leading UK charities.
The impact on the beneficiaries was substantial – over 2,000,000 pounds raised to support charitable activities, and thousands of UK citizens receiving the opportunity to learn about and become partners with outstanding charitable missions and projects.
All of this was achieved with a bare minimum of investment in fundraising and operations, and an extremely small expense to the taxpayer in terms of Gift Aid.
Public Benefit Statement
The trustees confirm that they have complied with the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit in setting the charity’s objectives and in planning and reviewing its activities for the year.
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UK GIVES LTD
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024
Financial review
The total funds held at the end of the reporting period were £343,906 (2023: £103,834), all of which are unrestricted funds. Annually, we spend less than 2% of revenue on overhead and operational expenses and have no commitments to third parties or to donors. We feel confident that this amount of funds will suffice to cover all obligations and to ensure our fluid and continual operations.
The charity has no salaried employees and only spends funds that it has received and that are unrestricted.
In the upcoming reporting period, we anticipate a positive net cash flow of individual donations, as well as substantial support from charitable foundations.
Reserves Policy
The current policy of the charity is to distribute funds in furtherance of the objectives of the charity. A bank balance is maintained to meet expenses as they fall due. At the year end the charity held free reserves of £343,906, (2023: £103,834). The level of reserves is closely monitored by the trustees, and it is ensured that they are adequate to meet the obligations of the charity as and when they fall due.
Plans for future periods
In the upcoming year we plan to largely continue performing the same activities as in past years, though we anticipate a decrease in funding for the humanitarian activities with whom we’ve engaged. Past experiences have taught us what activities work best in terms of raising funds and in terms of charitable impact, and we will continue in the same direction of activity in order to continue to see the same success as we experienced this year.
Structure, governance and management
The charity is governed by its Articles of Association dated 17 July 2014. The directors, who also act as trustees, are appointed in accordance with the charity’s constitution.
The charity partners with Israel Toremet Limited to handle administrative tasks for the charity, as well as due diligence and oversight of charitable projects when performed overseas. Israel Toremet Ltd is owned by a trustee, Jonathan Bonder. This company does not receive payment from the charity for the services that it provides the charity.
All major risks have been reviewed, and systems or procedures have been established to manage those risks.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of the signature of the financial statements were:
Mr J Bonder Ms D Maimon (appointed 6 March 2025) Mr R Mendel Ms N Catherine Smith
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UK GIVES LTD
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024
We recruit new trustees out of a pool of trusted confidents and outstanding business leaders. Our trustees serve as volunteers and collectively make decisions. The power to appoint new trustees is vested in the continuing board. New trustees are appointed based on personal competence, skills, local availability and are given, in the view of the board, sufficient training to understand the nature of the charity and its workings. They are required to read the Charity Commission's 'The Essential Trustee' and are encouraged to read other Charity Commission publications.
None of the trustees have any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
Risk management
The charity has identified and assessed the major risks to which it is exposed, in particular those of safety and protection of the vulnerable whilst in the Charity's care as well as the finances of the charity. The charity is satisfied that systems are in place and routinely assessed including procedures for Child Protection, Health and Safety, Vulnerable Adults Policy and Financial Management and Controls.
Statement of trustees' responsibilities
The trustees, who are also the directors of UK Gives Limited for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law 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, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting 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 Companies Act 2006. They 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.
Auditor
In accordance with the company's articles, a resolution proposing that Landau Morley LLP be reappointed as auditor of the company will be put at a General Meeting.
The trustees' report was approved by the Board of Trustees.
Mr J Bonder
Trustee Dated: 28 May 2025
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UK GIVES LTD
INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF UK GIVES LTD
Opinion
We have audited the financial statements of UK Gives Ltd (the ‘charity’) for the year ended 31 July 2024 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
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give a true and fair view of the state of the charity’s affairs as at 31 July 2024 and of its incoming resources and application of resources, for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report.
We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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UK GIVES LTD
INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF UK GIVES LTD
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:
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the information given in the financial statements is inconsistent in any material respect with the trustees' report; or
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sufficient accounting records have not been kept; or
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the financial statements are not in agreement with the accounting records; or
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we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the statement of trustees' responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but it is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below:
We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations - this responsibility lies with management and with the oversight of the trustees.
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UK GIVES LTD
INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF UK GIVES LTD
The extent to which our procedures can detect irregularities, including fraud, is detailed below.
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We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our sector experience through discussion with management (as required by auditing standards).
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We had regard to laws and regulations in areas that directly affect the financial statements including financial reporting and taxation legislation. We considered that extent of compliance with those laws and regulations as part of our procedures on the related financial statement items.
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Except for any known or possible non-compliance, and as required by auditing standards, our work in respect of these included enquiry of management about company's policies, procedures, and related controls regarding compliance with laws and regulations and if there are any known instances of non-compliance.
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We tested the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluated the business rationale of any significant transactions that are unusual or outside the normal course of business.
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We performed analytical procedures to identify any unusual or unexpected relationships.
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We examined supporting documents for all material balances, transactions and disclosures.
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We evaluated the selection and application of accounting policies related to subjective measurements and complex transactions.
Owing to the inherent limitations of an audit, there is an unavoidable risk that some material misstatements of the financial statements may not be detected, even though the audit is properly planned and performed in accordance with the ISAs (UK).
The potential effects of inherent limitations are particularly significant in the case of misstatement resulting from fraud because fraud may involve sophisticated and carefully organized schemes designed to conceal it, including deliberate failure to record transactions, collusion or intentional misrepresentations being made to us.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditors responsibilities. This description forms part of our auditor's report.
Other Matter
The financial statements of the charity for the year ended 31 July 2023 were not audited.
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UK GIVES LTD
INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF UK GIVES LTD
Use of our report
This report is made solely to the charity’s trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Landau Morley LLP
Chartered Accountants Statutory Auditor
Date: 28 May 2025
325-327 Oldfield Lane North Greenford Middlesex UB6 0FX
Landau Morley LLP is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.
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UK GIVES LTD
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY 2024
| Notes Income from: Donations and legacies 3 Bank Interest Expenditure on: Charitable activities 4 Net movement in funds Reconciliation of funds: Fund balances at 1 August 2023 Fund balances at 31 July 2024 |
Unrestricted funds 2024 £ 2,340,619 336 2,340,955 2,100,883 240,072 103,834 343,906 |
Total 2023 £ 472,695 - 472,695 461,447 11,248 92,586 103,834 |
|---|---|---|
The statement of financial activities includes all the gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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UK GIVES LTD
BALANCE SHEET
AS AT 31 JULY 2024
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Current assets | |||||
| Cash at bank and in hand | 354,999 | 106,595 | |||
| Debtors:amounts falling due within | |||||
| one year -other debtors | 9 | - | 3,032 | ||
| Creditors:amounts falling due within | |||||
| one year | 10 | (11,093) | (5,793) | ||
| Net current assets | 343,906 | 103,834 | |||
| Income funds | |||||
| Unrestricted funds | |||||
| General funds | 11 | 343,906 | 103,834 | ||
| 343,906 | 103,834 |
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 July 2024, although an audit has been carried out under section 144 of the charities Act 2011.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 28 May 2025
Mr J Bonder
Trustee
Company Registration No. 09136891 (England and Wales)
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UK GIVES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 JULY 2024
| Notes Cash flows from operating activities Cash generated from operations 14 Net cash used in investing activities Net cash used in financing activities Net increase in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year |
2024 £ 248,404 - - 249,404 106,595 354,999 |
2023 £ 8,916 - - |
|---|---|---|
| 8,916 97,679 |
||
| 106,595 |
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UK GIVES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024
1 Accounting policies
Charity information
UK Gives Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is 483 Green Lanes, London, N13 4BS.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used.
1.4 Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
1.5 Resources expended
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year-end are noted as a commitment, but not accrued as expenditure.
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UK GIVES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024
Accounting policies (Continued)
1.6 Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.8 Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
1.9 Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
2. Critical accounting estimates and judgements
In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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UK GIVES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024
3. Donations and legacies
| Donations and gifts 4. Charitable activities Grant funding of activities (see note 5) Share of support costs (see note 6) Share of governance costs (see note 6) |
Unrestricted 2024 £ 2,340,619 Unrestricted 2024 £ 2,060,384 31,619 8,880 2,100,883 |
Unrestricted 2023 £ 472,695 |
|---|---|---|
| Unrestricted 2023 £ 448,816 9,198 3,430 |
||
| 461,447 |
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UK GIVES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
| 5. Grants Paid Grants to Institutions: ALYN Hospital: Pediatric & Adolescent Rehabilitation Center Association of Ethiopian Jews Assuta Ashdod Public Hospital Bezalel Academy of Arts and Design Jerusalem BLUE WHITE FUTURE Druze Youth Movement Association in Israel Ezrat Avot Friends of M.D.A in Israel Friends of the Barzilai Medical Center - Ashkelon Hatzala Beit Shemesh Hostages Forum IDF Widows & Orphans Organization IsraAID ISRAELis Israel Rugby Union IsraelGives Foundation Kanaf Keren Hayesod – United Israel Appeal Keren Talpad La’Ofek — Hope for the Future LATET - Israeli Humanitarian Aid Melabev - Specializing in Eldercare and Alzheimer's care Movement for Quality Government in Israel National Union of Israeli Students Nevet OR LANEGEV VELAGALIL Orr Shalom for Israeli Children at Risk Panim el Panim Physicians for Human Rights Israel Pitchon Lev Shurat HaDin - Israel Law Center Smile Society for the Protection of Nature in Israel South African Zionist Federation Israel Standing Together StandWithUs Ten Gav The Legal Forum for Israel The Torah and Nature Foundation World Emunah Yad Ezra V'Shulamit Yesodot Letzmicha Yiboneh Jerusalem Other Charities-Accumulated |
Unrestricted 2024 £ - - 30,770 197,881 13,764 - 12,000 - 17,226 103,410 91,422 67,594 17,491 10,962 - 759,654 40,000 21,693 - 10,097 57,210 - 70,108 25,000 - 37,935 - 16,049 19,094 176,979 - 32,000 10,278 11,334 75,896 65,737 - - - - 64,009 - - 4,791 2,060,384 |
Unrestricted 2023 £ 9,749 8,216 - 13,482 - 5,000 - 22,301 - 9,819 - - 9,139 - 12,099 31,345 - 6,771 28,046 27,851 25,025 16,120 - - 5,221 - 14,769 3,200 - - 5,122 - - - - 10,610 2,542 25,000 5,458 7,449 47,630 51,282 5,409 40,161 |
Unrestricted 2023 £ 9,749 8,216 - 13,482 - 5,000 - 22,301 - 9,819 - - 9,139 - 12,099 31,345 - 6,771 28,046 27,851 25,025 16,120 - - 5,221 - 14,769 3,200 - - 5,122 - - - - 10,610 2,542 25,000 5,458 7,449 47,630 51,282 5,409 40,161 |
|---|---|---|---|
| 448,816 |
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UK GIVES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024
| 6. Support costs Legal expenses Accountant Audit fees Merchant charges Motor expenses Telephone Office Equipment & Software Travel expenses Sundry expenses Analysed between: Charitable activities |
Support costs £ - - - 28,769 - - 732 377 1,741 31,619 31,619 |
Governance costs £ - 2,880 6,000 - - - - - - 8,880 8,880 |
2024 £ - 2,880 6,000 28,769 - - 732 377 1,741 40,499 40,499 |
2023 £ 570 2,860 - 3,725 18 153 4,519 663 120 |
|---|---|---|---|---|
| 12,628 | ||||
| 12,628 |
7. Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
8. Employees
There were no employees during the year.
9. Debtors: amounts falling due within one year
| . ebtors: amounts ang due wtn one year Debtors |
2024 2023 £ £ - 3,023 |
|---|---|
| - 3,023 |
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UK GIVES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024
10. Creditors: amounts falling due within one year
| Other creditors Accruals |
2024 £ 5,093 6,000 11,093 |
2023 £ 5,093 700 |
|---|---|---|
| 5,793 |
11. Charity Funds
Details of material funds held and movements during the current reporting period
| Unrestricted General Funds | Balance at 1 August 2023 103,834 103,834 |
Incoming resources 2,340,955 2,340,955 |
Resources expended 2,100,883 2,100,883 |
Balance at 31 July 2024 343,906 |
|---|---|---|---|---|
| 343,906 |
Details of material funds held and movements during the previous reporting period.
| Unrestricted General Funds | Balance at 1 August 2022 92,586 92,586 |
Incoming resources 472,695 472,695 |
Resources expended 461,447 461,447 |
Balance at 31 July 2023 103,834 |
|---|---|---|---|---|
| 103,834 |
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UK GIVES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024
12. Analysis of net assets between funds
| Fund balances at 31 July 2024 are represented by: Current assets |
Unrestricted funds 2024 £ 343,906 |
Total 2024 £ 343,906 |
Unrestricted 2023 £ |
|---|---|---|---|
| 103,834 |
13. Related party transactions
During the year, charity paid a grant of £759,654 (2023: £31,345) to Israel Gives Foundation, registered charity in Israel of which Mr Bonder is a common trustee.
Other creditors of £5,093 (2023: £5,093) constitute amounts owed to "Israel Toremet Limited", a company incorporated in Israel of which Mr Bonder, one of the Trustees, is a director.
| 14. Cash generated from operations Surplus for the year Movements in working capital: - decrease in debtors - increase in creditors |
2024 £ 240,072 3,032 5,300 248,404 |
2023 £ 11,248 (2,332) - |
|---|---|---|
| 8,916 |
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