REGISTERED CHARITY NUMBER: 1167116 REPORT OF THETRUSTEES ANO UNAUDITED FINANCIALSTATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 FOR THE OLLIE FOUNDATION Page l of 15
THE OLLIE FOUNDATION CONTENTS OF THE FINANCIALSTATEMENTS FOR THE YEAR ENDEO 30 APRIL 2024 Page Report of the Trustees 3to7 li)dependent Examiiier's Report Statement of finanLial Activltles Balance Sheet io Notes to the Financial Statements Ilto14 Page 2 of 15
THE OLLIE FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR TO 30 APRIL 2024 The trustees present their report with the financial statements of the charily for the year to 30 Aprll 2024. The trustee5 have adopted the prr)visions of FRS 102 and the Charitles SORP FRS 102. Constltutlon and Governance The OLLIE Foundation is a charitable association, founded on l February 2016 and registered as a charity on 16 May 2016. rhe charity i.£ established under a wrltten constltutian whiLh sets out its objects and powers. The truslees who hijve served during tlie period and up to the date of this report are: Jane Johnstone Isecrel'arvl Antony Flenry Charles Federer ITreasurerl Loigh Head StU<irt Fdlconer Christopher Slbley (Resigned 27, November 2023) Graham Stephen Perrin Sangita Singh The trustees bring a unique set of skills to the charitrfs biisiness. Each has significant professlonal skllls and recoEnlses the importance of personal training. They have all attended appropriate ti-alniiig courses ID the past and they are all expected to keep up to date with developme.nts in trustees rosponslbilltles, TralninE may be speclallst In nature dependlng on tlie responslbilltles tlie trustee has. They are all commltted to the alms and oblectlves of the charitv, Aims and Ob eGtlves for the Publlc Bcnef I Thc trustees are aware of their responsibilitles to promote actlvlties for the public beneflt. rhe OLLIE Foundation ex15ts to raise awareness of, educate and pre.vent sulclde in young people In tlie local community of St Albans and Ihe wlder area. This is achleved by the provision of hlgh quality training to young people and those working with young people, as descrlbed below. Our v151on1s 'One Life Lost Is Enough, To prevent suiclde in young peoplc by tralnlng those who work wlth young people and hcive influence In theii. lives, through peer to peer intervention and awareness, providln8 tools and skills to actlvely elSmlnJte suiclde in yoiing people. The charlty's alms are to., Advance the health or saving of lives through educatine the publlc in the subject of sulcide In chlldren and youn8 people Provlde tralnlng and education to parents, health practitioner5, youth workers, children, young people, and other people and organisations as the charity sees fit Relleve the mental and physical sickness of those suffering from bereavement or loss throuEh the provision of counselling and 5UPPOrt in the communlty Help proinote an actlve and socially integrated coinmunity Provide recreatlonal and lelsure time activity in the Interests of soclal welfare for tho people livlng in the communlty who are affected by bereavement or loss Page 3 of 15
THE OLLIE FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR TO 30 APRIL 2024 24 Maln Ob ectives for 2023L The main objectives for 2023124 were- To advance the educatlon of the public and all Social, healtli and educational professionals, and those with it professional duty Df care in the subjoct of suicide and sulcidal ideatlon and post-ventlon. iii partlcular suicide and suicidal ideation in children and young people. To advance the wellbeinE and mental hea Ith of families and reduce the incidence of suicide through the provislon of training and education to parents, CYP and all those with a duty of care and other people and organlsatlons as the charlty sees fit. in the subject of Suicide, in particular In chlldren and younE people. To support those affected by siilcide and suicidal ideation and those bereaved by suicide. To provlde guldance and support to those bereaved by 5ulcide through the provislon of counselling and actlvltle5 Ihat may feel supportive including peer to peer support. To act as a resource foi- Lhildren and young people living in Hertfordshlrc, and throughout Enuland and Wales, by providing 3dvlce and guidxnte and organlslng programmes of physical, educational and other activltles as a means Advanclng In life and helplng children and young people and thelr parents and those who support them bv developing thelr skills, cèpacitie5 and capabllities to enable effective emotlonal and wellbeinB support of children a nd young people and thoso who support them, to increase young pet)ple'5 ablllty to floui'lsh, feel res115ent and safe from suicldal thlnklng. Advance the pedagogy and discourse of 5ulclde studles and efFectivo early intervention and prevention technlque5 and 5trate8les. Whilst the main achlevements in the year were- The trustees have met regularly and revlewed the strategy of the charlty to develop a short and lon8 term plan looklng at a number of key areas. With greater resources available as a I'esult of a laree donatlon in the previous year the charity lias it)creased Its num ber of employees and commltted to @rowth so thal it can deliver Its aims and objectlves in the long term. The charity ha5 continued to increase and wlden its tr3inlng offerlngs and delivered sessions to people In the local Lomm unity in line wlth Its objectives and strategy. The charity has 5uccessfiilly dellvered tralnlng sessions on-llne and in person. The charity has successfully developed and maintained links wlth local schools, County Counclls, Youth Connectlons and are artlvely developing links with other organisations Indudi ng charlties and NHS organisations. Fundraising has contlnued althougli the generosity of Drganisations and individua15 has ensured income has been sufflcient for the needs of the charity for tlie year. The mix, experience and skills of the board of trustees remains strong and relevant to the on-golng objectives of the chai'lty. Actlvltles During the year a range of training courses have been developed and delivered In conjunctlon with existlng courses. New areas of activity are constantly explored to ensure that the offering of the charity meets with its oims, The tfU5tees wish to thank all their trainer5 for their excellent work In the delivery of this trainlng during the year. Trainlng Is provlded to organlsatlons and individuals and a nominal charge is made to contribute to the cost of trainlng and COLirse materials. Due to the level of funds raised hy the charlty much of the tralnlng has been siibsld15ed or provlded without charge. Attendee5 may also make a donation if thoy attend an event. The number of people trained in the year to 30 April 2024 was 3,318. Th15 Is a decrease on the total last year of 6,165 however the type of trainin8 provided has an impact on this number. Page 4 of 15
THE OLLIE FOUNDATION REPORT OFTHE TRUSTEES OR THE YEAR ENDED 30 APRIL 2024 The trustees are very Eratoful to those who support the fundraislng events by providing a rav)ge of services from refreshments to set-up duties to administration, We are delighted that volunteers from the local community worl( with U5 and glve freely of their time. The truslees provlde thelr tlme voluntarilv. Main ob ectives for 2024 25 The main objectives for 2024/25 are to: To advance the education of the public and all social, health and educatlonal professionals, and those with a professional duty of care in the subject of suicide and suicidal ideation and post-vention, In particular sulcide and sulcidal Ideation in children and young people. To advance the wellbeing lind mental health of families and reduce the incldence of sulclde through the provision of training and education to parents, CYP and all those with a dLlty of care and other people and organi5atlons as the cha rity sees fit, in the subject of suicide, in particular in children aiid young people. To support those affected by suicide and suicldal Ideatlon and those bereaved by sulcide, To provide guidance aiid support to those bereaved by suiclde throueh the pi'ovislon nf counselliiig and activities that may feel supportive Including peer to peer support, To act as a resource for chlldren and young pe.ople living Sn Herifordshire, and throughout England and Wale5, bv provldlng advlce and Buidance and organising programmes of physlcal, educational and other activities as a moans Advanclns in Ilfe and helping chlldren and young people ai)d their paieiits and those who support them by developlng their skills, capacities and capabllities to enable effectlve emotional and wellbelng support of chlldren and young people and tl)0se who support Ihem, to increase young people's ability to flourlsh, feel resll lent and safe from suicidal thlnklng. Advance the pedagogy and dlscourse of suiclde studies and effectlve early Interventlon and prevention technlque5 and strategies. Financlal revlew The charity had an overall deflclt for the year of £103,71512023: surplus £27,250). The total incomc for the year was £114,26412023-. £199,478). This deficit was expected due to the receipt of a signiflcant donatlon In the prlor year and the planned additional costs of deliverln8 training in the current year. The trustees acknowledge the generous givinE by the charity's supporrers, and during the year these supporters gave e.ither directly {including Eift ald where approprldte) or indlrectly £81,774 (20?3: £145,767>. The total expenditure for the year was £217,97g {2023'. £172,228) which was wholly for charitable activltles and governance costs. At the year end the charlty had net assets of £109,13612023.. £212,851) represented by £89,52612023', £175,051) unrestrlcted f unds and £19,610 {2023.' £37,800) restricted funds lo be spent providing training. All grants recelved are treated as restricted foi- the purpose for which they are granted. Page 5 of 15
THE OLLIE FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2024 Reserves pollcy and golng concern Reserves are needed lo brldge. the gap between the spending and recelving of income and to cover unplanned expenditure. The trustees recognise that it is besi practice for charity operations to retalii funds representing at Icilst 3 months expeiiditure in the charlty's bank accounts for conllngency purposes. This is based on the charlty'5 Size and the level of its financial commltment. The trustees will ensure the charity is able to eontinue to fulfil ifs charitable obligations even if there is a shortfall in income or unexpected expenditLJre and will not set aslde fiinds unnecessarily. The trustees believe their future plans provide for a (low of funds which will malntain the financial viability of the charity, Quarterly management accounts are prepared and reviewed at the board of trustees meetlngs. The trustee5 have asonable expectation thdt the charliy lias 3dequate resourtes to continue in operational oxistetice for the foreseeable f uture, thus we continue to adopt the going concern b3sis in preparing tho financial statements. Rlsk management Tl)e trustees are aware of their responsibility to properly mana8e and mltlRate the rlsks faced by the charity. As such the board meets qua rtL&rly to review and coiislder emersing risks which might affect the charity, and review ongolng actlvlrlL)s I'o include majni. govÈrnance, operatlonal, flnancial and external risks. The board is satisfied that Ihe major risks facing the charity have been Identlfied and are belng appropriately addrcssed. Trustees, Responslbilltle5 The trustoes are responsible for preparlng the Trustees, Annual Report and the flnanclal statements In accordance with appllcable law and Unlted Kingdom Accountlng standard.s (United Klngdom Generally Accepted Accounting Pr3Cticel. The law appllcable to charltles In England and Wales require5 trustees to prepare financlal statements for eac'h financlal year which givo a true 2nd fair vlew of the state of affalrs of the charity and of tlie incornin2 resourccs and appllcation of resources of the charlty for that period. In preparing these financial statements, the trusloes are requlred I'o.. select suitable accounting poli¢ies <ind apply them conslstentlv obsei've the methods and principles in the Charily SORP make judgements and estim3tes that are responsible and prudent state whelher appllcable accounting standards have been followed, 5ubjp.ct to any departures disclosed and explained In the financlal statements. and prepare the financial statements on the going concern basis unle5s11 15 inappropriate to pi'esumè that the charity will continue in business. The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any tlme the flnancidl position of the charlty and to enable thein to ensiire that the flnanclal statements comply with the Charities Act 2011. the Charlty (Accounts and Reports) Regulations 2008 and the provislons of the trust deed. They are also re5ponslble for safeguarding thè assets of the charlty and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees have overall re5pon.sibility for ensuring that the charity has appropriate 5yStems of internal control across the entire organisatioii. The system5 of internal control are designed to provide reasonable but not absolute assurance againsl materlal misstatement or loss. The trustees are responsible for the maintenance and Integrity of the corporate and flnancial information included on the charity website. Page 6 of 15
THE OLLI£ FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2024 Statement as to Dlsclosure of Informatlon to the Independent Examlner The trustees of the charity who hpld offlce at the date of approval of thls report conlirm that, so far as they are pach aware, there Is no relevant inforrriation of which the Independenl Examiner is unaware and each trustee has taken all steps that he ought to have taken as a trustee to make hlmself aware of any relevant Information and to establish ihat the Independeiit Examiner Is dware of that information. No members have required the charlty to obtain an audit of Its accounts for the year in question in accordance with The Charitles Act 2011 sec. 14411)(3udit). The trustees acknowledge their responsibllity for: al ensurlng the chArlty keeps accoui)ting records which comply with the Charlties SORP IFRS 10?.),. and b) preparing accoLFnts which Rive a true and falr view of tho state of affairs of the charity as at the end of Its financlal vear and of its surplus or deficit for the financial year which comply with the requirements of the Charlties SORP IFRS 1021 relatinE to accounts, so far a5 15 appllcable to the charlty. Related partles The charity has no related partles, otlier than as disclosed In the notes to the financlal statements. The trustees declare that they have approved the triistees, report above on 25 November 2024. A H C Federer - on behalf of the board of trustees Page 7 of 15
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF THE OLLIE FOUNDATION I report to tlie trustees on my examinatlon of the accounts of The OLLIE Foundation I'the Trust'l for the year to 30 April 2023 set out on pages elght to twelve. This report Is made solely to tlie charitws trustees, as a body, in accordance with Part 4 of the Chai'ities {Accounts and Reports) Regulatioiis 2008. My work has been undertaken so that I might State to the charity's trustees tliose matter51 am required to Stat to thom In an Independent Examlner's Report and for no other purpose, To the fulle,%t extcnt permltted by law, I do not accept or assuine responsibility to anyone other than the charity and the charlty's trustees as a body oi. for this report. Responsibilltles and basis of report A% the charlty trustoos of the Trust you are responslble for the preparation of tl)e accounts in accDrdance wlth the requircrnents nf the Cliaritles Act ?011 ('the Act, I report in respect of my examlnation of the Trust's accounts carried out uiider section 145 of the 2011 Act and in carrying out my examlnation I have followed all the app5icable direction5 glven by the Charity Commisslon under sectlon 14Jl51{bl of the A('.t, Independent examlner's Statement Your altentlon Is drawn to the. fact that the charlty has prepared the accounts in accordance wltli AccountlnE and Reporting by Charitles.. Stdtement of Recommended Practice appllcable to chdrlties preparing thelr accounts in accordance wlth the Flnancial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to thÈ Accountl nE and Reporting by Charltles.. Statement of Recommended Practlce issued on l April 2005 whlcli is referred to in the extant regulations but has been withdrawn. l understand that thls has been done In order for the accounts to provlde a true and falr vlew in accordance with the Generally Accepted Accounting Practice effective for reporting periods begii)ning on or after l January 2015. I liave completed my examination. I confirm that no material matters have come to my attention in connoctlon with the examlnatlon ¥lving me cause to believe that in any material respect.. 11) accounting records were not kept in respect of the Trust as requlred by Sectlon 130 of the Act; or 12} the accounts do not accord with those records; or 13) the accounts do not comply with the appllcable roqulrenients concernlng tlie form and content of accounts set out In the Charlties IAccounts and Reports) Regulatlons 2008 other than ai)y requlrement that the accounts glve a 'true and falr, view whlch is not a matter considered as pèrt of an Independent examlnatlon. I have no concerns and have come across no other matters in connection wlth the examination to whlch attention should be drawn in this report in order to enable a proper understandln8 of tlie accounts to be reached. C Males FCA, FCCA November 2024 Streets S J Males Limited Chartered Accountaiits Basepoint Business and Innovatlon Centre 110 Butterfield, Great Marlings Luton, Bedfordshire LU2 8DL Page 8 of 15
THE OLLIE FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 30 APHIL 2024 2024 Restricted fund 2023 Restrlcted fiind Unrestrlcled fund TOTAL Unrestricted fund TOTAL Note INCOME AND ENDOWMENTS FROM Donatlons and leÈacles rotal Ii)¢ome 103,494 10,770 114,264 33,500 199,478 £103.494 £10.770 £114,264 £165,918 E33,500 E199,478 EXPENDITURE ON Cl)aritable Actlvltles Cost5 of generatlng funds Fuiidrai5iiig & manageinent 'rotal resources exppnded NET INCOMINfj RESOURCES Total funijs brouglit forward 340 34,085 27.649 446 28,095 155,?.74 28.620 183,894 144.133 IA4,133 £189.019 £28,960 E217.979 £171,782 £446 £172,228 £185.5251 £118,190) £1103,715} EI5,8041 £33,OJf4 E2'1,250 £17 Jr,osi £37,1100 E212,851 £180,855 £4,746 C185,C)01 TOTAL FUNDS CARRIED FORWARD £89,526 E19,610 [109.136 £175,051 E37,800 £212,851 Contlnulng Operatlons All income and expenditure has arisen from contlnulng operallons. The notès on pages 11 to 14 form part of these financial statements. Page 9 of 15
THE OLLIE FOUNDATION BALANCE SHEET AT 30 APRIL2024 2024 2023 Note NON-CURRENT ASSETS CompuL'er equipment l.Icence.% 818 840 1,658 1,414 960 2,374 CURRENT ASSETS Debtors Cash at bank 2,288 110,865 113,153 3,487 209,514 213,001 CREDITOR5 Amounts falllng within one year NET CURRENT ASSETS 15,6751 £107.478 12,5241 £210,477 YOTAL ASSETS LESS CURRENT LIABILITIES £109,136 £212,851 NET ASSETS £109,136 £212,851 FUNDS Restrlcted fund5 Unrestricted f unds 19,610 89,526 £109.136 37,800 175,051 £212,851 TOTAL FUNDS Thp financial statements on page 9 to 14 were approved by the Board of I'rustees on 25 November 2024 and were s5gned on its behalf by: A H C Federer-Trustee G S Perrin- Trustee The notes on pages 11 to 14 form part of these financial statements. Page 10 of 15
THE OLLIE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 30 APRIL2024 I. ACCOUNTING POLICIES Basls of preparation of financial statements The financial statements have been propared to give a 'true and fair, view and have departed from tlie charitie.s IAccounts anrl Reports) Regulation.4 2008 only to the extent required to provide a 'true and falr, view. This departure has involved following the Charities SORP IFRS 1021 published on 16 July 2014 rather than the. Atcounling and Reporting by Charlties: statement of Recnmmended Praclice effectlve from l April 2005 which has Since been withdrawn. The flnancial statements have been prepared under the l)Istorical cost conventlon with items recogr)ised al cost or tra nsartion value unlps% (Jtheiwise stated in the relevaiit note5 to these financial statements. The financial statements have been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charitios preparlng thelr accounts in accordance wlth the Financlal Repoiling Standard applic3ble In tlie UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and the Charities Act 2011. The Ollie Foundation constitutes a publlc benefit entlty as defined by fRS 102, Exemptlon from preparing a cash flow statement Exemption has been taken from prpparing a cash flow statement on the grounds that the charity qualifies as è small c.harlty. It)come All income is recognised in the Statement of Financial Actlvltie.s once the charity has entitlement to the. f unds, It Is proba ble that the Income wlll be recelved and the amount can be measufed rellably, Expenditure l.iabilitie5 are recoEnlsed as expendlture as soon as thero is a leg¢il or constructive obllgatlon committln¥ the charity to tliat expenditurÈ, it is probable that a transfer of economic benefits will be requlred In settlement and the amount of the obligatlon can be mL>asured reliably, Expenditure is accounted for on an accruals basls and has been classifled under headings that aggregate all ¢ost5 related to the category. Where costs cannot be directly attrlbuted to partlcular lieadings they have been allocated to activitles on a basis conslstent with the usc of resources. Taxatlo The charity is exempt from tax on its charltable activities. Fund accounting Unrestricted funds can be used in accordance wlth the charStable objectives at the discretlon of the trustee5. Restrlcted funds can only be used for partlcular restricted purpose5 Wlthin the objects of the char5ty. Restrlctions arise when speclfi6b.d by the donor or when funds are raised for partlcular purposes. Further explanatlon of the nature and purpo.se of each fund15 included in the notes to thp financlal statemÉ.hnts. Page 11 of 15
THE OLLIE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 30 APRIL 2024 I. ACCOUNTING POLICIES {continuedl Financial Instruments The charity has p.leetp.d to apply the provisionq of Section 11 'Basic Financial Instruments, and Sectiuri 12 '0tI)er Financlal Instruinents Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in Ihe charity balance sheet when the charity becomes party to the Luntracl'val provisions of the Instrument. Finaiicial assets and Ilabilities are offset, wlth the net amount presented in the financial statements, when there is a legallv enforceable right to offset the recognised amounts and tliere is an intention to settle on a net basls or to realise the asset and settle the liabillty slmultit neously. Baslc fln2nci21 assets B3sic financial asset5, whlcli Include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently Ciirrie.d at amortised c05t using the effective Interest method unless I'he arrangemeiit constltutes a financial transdclion, where the transactlon Is measured at the present valiie of the future recelpts di%counted at a market rate of interest. Financlal assets classified as recelvable within one year are not a mortised, Classlflcatlon of flnanclal113bllltles Financial liabilitios and •.quity instruments are classified accordlng to the substance of the contractual arrangements e.ntered Intu, Ali equity instruinent is any contract that evidences a residual Interest In the assets of the charlty after dÈductlng all of its liabilities. t4a51c flnancial liabilltles Basic financial liabilitles, Includlng creditors, bank loans and loans from fellow group companies that are classified as debt, are Initially recognised at transaction prlce unless the arrangement constltutes a f Inanclng tran5actlon, whore the debt instrument Is measured at tlie present value of the future payment discounted at a mit rket rate of Int'erest. Financial Ilablllties classlfled as payable wlthln one year are not amortlsed. Debt Instruments are subsequently carried at amoi'tised cost, using the effective Interest rate method. Penslons The chai-lty operates a defined contributlon pension scheme and the pension charge represents the amounis payable by the charlty to the fund In respect of the year. 2. INCOME 2024 2023 Donatlons and legacles Donalions lincludlng glft aldl FundralslnE Income Other revenue linclvding tralning course5 Sdle5} Grants- restriLted 67,997 13,777 21,720 10,770 É114,264 122,249 23,518 20,211 33.500 £199,478 Page 12 of 15
THE OLLIE FOUNDATION NOTE5 TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 30 APRIL 2024 3. EXPENDITURE Z024 2023 Charltoble actlvltles - progtam Implementatlon Advertising and marketing Grant raising & fundraSsing costs TraininE cour5e5 - restricted Tralnliig coursos- unrostrlclÈd 15,829 7,103 340 10,813 £44,085 3,985 7,941 44G IS,723 128,095 Fundralsiiig & Maiiageinent Manageinent Finance Information teclinology 181,0?8 140,373 2,857 £183,894 2,707 £144,133 4. TRUSTEES, REMUNERATION AND BENEFITS There were no trLlStees' remuneration or other beneflt5 for the VC<ir ended 30 April 2024, TRUSTEES, EXPENSES There were no trustees, expenses pald for the yearended 30 April 2024. 5. NON-CURRENT ASSETS Computer Equlpment Llcences Cost <lS at l May 20?.? Addltlons Cost as at 30 April 2024 3,753 1,2UU £3.753 £1,200 Depr¥Lldtlonlamortisation a5 at l May 20?.3 Chmvge for the year Deprociation/amorti5ation as at 30 Aprll 2024 2,339 596 £2,935 240 120 £360 Net Book Valiie as al 30 Aprll 2024 £818 £840 Net Book Value as at 30 Aprll 2023 £1,414 £960 6. DEBTORS 2024 2023 Income receivable other debtors PrÈpayineiits 500 2.288 £2,288 2,987 £3,487 Page 13 of 15
THE OLLIE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 30 APRIL 2024 7. CREDITORS 2024 2023 Expenditure Pdyable PA YE and pension Accrued expendlture Deferred Income 608 1,917 3,150 £5,675 547 1,977 £2,524 8. MOVEMENT IN FUNDS Fund Balaii¢e B/r. Incomin resources OutgoinE resoui'ces Net mnvement In fund5 Fund balances carried foiward 2024 2023 Ufirestrlcted funds Gener31 fnd Restrlcted lund5 Tl)e Cherrv Famlly BLMK £175.051 £103,494 £189,019 É185,525) £89,526 £175,051 £25.500 C8.000 £1,000 £6.450 £21.340 É120,3401 E6,450 E5,160 £14,450 £25,500 £8,000 SADC Project É4,300 1£4.3001 FeellnE Good £500 ES00 Hprtfordshlre Pollce £2,820 £2.820 TOTAL FUNDS £212,851 £114,264 £217,979 IE103,7151 £109,136 £212,851 9. RELATED PARTY TRANSACTIONS M r A H C Federer is a trustee and a partner in the accountancy firm Rayner Issex LLP. During the year Rayner Essex LLP provided bookkeeping and payroll seivices to the charlty. The cost of providing these servlccs during the year was £6,49412023., £6.3971. Page 14 of IS
THE OLIIE FOUNDATION DETAILED STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR TO 30 APRIL 2024 2024 2023 INCOME AND ENDOWMENTS Donatlon5 and legacles Donations G ift a id doiiztlons Fundr(11slng income Grants restricted Other revenue (including training courses sales) 32.273 35,124 13,777 10,770 21,720 1141.264 115,972 6,277 23,518 33,500 20,21J, 199,478 Total Incomlng resources £114,264 £199,478 EXPENDITURE Charitable activlties - Program implementation Advertisin£ and marketiiiE (including wobsito redesign) Grant raislng & fundraising cost5 Training courses - restricted Tralning courses - unrestricted 15,829 7,103 340 10,813 34,085 3,985 7,941 446 15,723 28,095 Support costs- Management Sl'aff wa8e5 and pension rosts Staff and volunteer training Insurances Printii)g, postage and stationery Telephone Sundi'les Storage costs Deprec5atlon- Computer equipment Amortisation - licence fee Travel Legal and professlonal feÈs Accounting 159,940 1,640 2,162 297 267 1,216 1,527 596 120 2,938 3,237 7.088 181,028 123,380 931 2,101 388 295 1,530 1,574 291 120 1,133 1,693 6,937 140,373 Support costs- Flnance Processlng fpp.s for donation websltes Bank charges 1,045 1,053 Support costs- Informatlon technologv IT software and consumables 2,857 2,857 2,707 2,707 TDtal resources expended £217,979 E172,228 Not Income/{expensesl CI103,7151 £27.250 Thls page doe5 not form P3Tt ol the stalvtory fliiancial statements Page 15 of 15