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2024-04-05-accounts

GET EXPLORING TRUST Charity Registration Number: 1166901

TRUSTEES' ANNUAL REPORT AND RECEIPTS AND PAYMENTS ACCOUNTS For the year ended 5 April 2024

66 Paul Street London EC2A 4NA

TRUSTEES' ANNUAL REPORT

Reference and administrative details

Charity name Get Exploring Trust
Charity registration number 1166901
Principal address 66 Paul Street
London
EC2A 4NA
Trustees David McCreadie
William McCreadie
George Parry
Financial period 6 April 2023 to 5 April 2024

Objectives and activities

The purpose of the charity, as set out in its governing document, is the advancement in life of young people aged between 13 and 25 by providing grants to enable them to access recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life and support activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.

Activities and achievements

During the year, the Trust did not make any charitable grants. The trustees' ability to progress grant-making activity was affected by overseas commitments and ill health during the period. The Trust nevertheless remained available to pursue its charitable objects and retained its funds for future grant-making. The trustees intend to resume active consideration of suitable grant opportunities as circumstances permit.

Public benefit

The trustees have had regard to the guidance issued by the Charity Commission on public benefit when planning and carrying out the charity's activities.

Financial review

The charity's opening funds at 6 April 2023 were £20,880.45. No income was received during the year. Payments totalled £60.00, comprising bank charges. No charitable grants were made during the year, reflecting the limited capacity of the trustees to progress grant-making activity because of overseas commitments and ill health. Closing funds at 5 April 2024 were £20,820.45.

Reserves policy

The trustees maintain unrestricted reserves to provide financial continuity and to enable the Trust to continue making grants in furtherance of its charitable objects. The level of reserves is reviewed by the trustees in the light of anticipated grant-making activity and the charity's financial commitments.

Trustee remuneration and expenses

No trustee received any remuneration, benefits or reimbursement of expenses from the charity during the year.

Approval

This report was approved by the trustees and signed on their behalf on 7 September 2026.

David McCreadie, Trustee

RECEIPTS AND PAYMENTS ACCOUNT

For the year ended 5 April 2024

Receipts

eceipts
Donations and other income £0.00
Total receipts £0.00

Payments

ayments
Charitable grants £0.00
Bank charges £60.00
Total payments £60.00

Net movement in funds

Net receipts / (payments) (£60.00)

Cash funds

ash funds
Cash funds at 6 April 2023 £20,880.45
Net receipts / (payments) (£60.00)
Cash funds at 5 April 2024 £20,820.45

STATEMENT OF ASSETS AND LIABILITIES

At 5 April 2024

Assets

ssets
Cash at bank £20,820.45
Other assets £0.00
Total assets £20,820.45

Liabilities

Liabilities £0.00

Net assets / funds

Net assets / funds £20,820.45

Notes to the accounts

1. Basis of accounting

The accounts have been prepared on a receipts and payments basis from the charity's accounting records.

2. Funds

The charity held unrestricted funds only during the year.

3. Trustee remuneration and expenses

No trustee received any remuneration, benefits or reimbursement of expenses from the charity during the year.

Trustee approval

The trustees approve these accounts for the year ended 5 April 2024.

Approved on: 7 September 2026

David McCreadie, Trustee