BE CHARITY GROUP REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024
The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 March 2024.
Objects of the charity.
The objects of the charity are for the relief of those in need, by reason of youth, age, ill-health, disability financial hardship or other disadvantage, by the provision of information and advice designed to relieve those needs.
At present the objects of the charity are primarily achieved through the ongoing development of one website and associated blogs to provide more in-depth information on topics and increase awareness of the charity’s resources. Website development has continued to be the ongoing priority of the charity as well as a digital marketing campaign.
Government
The policy and operating decisions of the charity rest with the Trustees who meet regularly to monitor the activities of the Charity.
New trustees are appointed by the Trustees – there were no appointments in the 2023/2024 accounting period.
Review of Activities
During the year, the principle activity was growth within he charity’s digital presence.
This is the key delivery mechanism to meet the objective of the charity and so the majority of our time has been dedicated to this to date.
In planning the activities, the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Financial Review
A balance of approximately £165.45 was carried into this period. Income of £18 was received during the year. Expenditure entirely related to administration costs. There is a balance of approximately £40.56 to carry forward to 2024/2025.
A reserves policy will be formulated by the trustees in due course. For the time being, a reserve of £40 is considered appropriate given current activity.
We faced issues in communication from our Barclays Business Manager and accounting services. The Trustee’s had discussion and took the
decision to no longer use Barclays as the Charity’s banking provider and a new account was set up with Virgin Money. All parties are happy with the new service.
Looking Forward
During the 2024/2025 period, we will collaborate with subcontractors to implement a new phone line, enhance our digital media presence through increased content creation, and launch targeted advertising campaigns.
The Faulkners have agreed to fund the above campaign.
Trustees' Responsibilities
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
Profit & Loss
Be Charity Group
Accounting Year 2023/24
| Debit | Credit | |
|---|---|---|
| Turnover | 18 | |
| Sales | 18 | |
| less Cost of Sales | 4,876 | |
| Subcontractor Costs | 4,876 | |
| Gross Profit | -4,857 | |
| less Administration Expenses | 135 | |
| Web Hosting | 90 | |
| Miscellaneous | 10 | |
| Accountancy Fees | 35 | |
| Operating Profit | -£4,992 | |
| less Drawings | £0 | |
| less Profit & Loss journal entries | £0 | |
| Retained Profit this period: | -£4,992 | |
| Retained Profit brought forward: | £5,052 | |
| Distributable Reserves / Retained Profit carried forward: | £60 |
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