Trustees, Annual Report for the period I" April 2023 - 31" March 2024 Charity name= The Hydration Foundation Charity registration number: 1168653 Objertives and Activities Summary of the purposes of the charity as set out in its governing document The charity's mission is to distribute as many free Hydrant hands free drinking systems as possible to those individuals in the community, care homes and hospitals who need them. Anyone with limited mobility particularly those who struggle to reach, hold or lift a drink is likely to benefit from a Hydrant. The Hydration Foundation is committed to improving the health and wellbeing of the most vulnerable people through donating hands-free drinking systems {The Hydrants) to anyone that needs one. Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Statement confirming whether the trustees have had regard to the guidarfce issued by the Charity Commission on public benefit In line with guidance from the Charity Commission, the Trustees are satisfied that The Hydration Foundation continues to have significant charitable purpose through its work to enhance public health and wellbeing via its focussed work on the distribution of Hydrants to the eldedy and those less mobile. In 2023-24, we continued to work with hospital patients and those in the community helping prevent dehydration and its huge health risks. Achievements and Performance Summaryof the main achievements of the charity, identifying the difference the chariws work has made to the circumstances of its beneficiaries and anywider benefits to society as a whole. The accomplishments of The Hydration Foundation are readily apparent-we have helped thousands of individua15 to maintain their independence and dignity by enabling them to drink without needing assistance. While it may seem like a minor task, this capability significantly impacts people's lives, as evidenced by numerous testimonials from our beneficiaries. Thanks to the support provided by The Hydrant, there has been a notable decrease in hospital admissions related to dehydration, including issues like urinary tract infection5. This not only improves individual well-being but also saves the NHS potentially millions of pounds annually. Since our inception as a charity, we estimate that we have prevented around 19,000 admissions, which translates to a savings of approximately £IO.000 per avoided admission for the NHS, particularly within the vulnerable groups we serve. However, our primary focus remains on helping these at-risk individuals drink independently-something that would be impossible without The Hydrant's assistance.
Beneficiaries- Below you can read the true difference we are making to people lives by donating Hydrant drinking systems. We was sent an email from South West Children's Hospice asking for the donation of some hydrant bottles for their patients. We have received great feedback and the staff and patients are finding them very useful. (below) Adult SALT @ AiredaSe NHS Foundation Trust @adult salt AGH A huge thank you to @hydration found for the generous donation of 10 free hydrant bottles that we can give to our patients. This means so much to our team O @TheHydrantUK @Airedaleahps @AiredaleNHSFT
The Hydration Foundation recently supported The Wheelchair Sports festival in Colchester and they sent this lovely photo: Lots of our beneficiaries are wheelchair users, they can keep hydrated on the go with the clever handle which clips to the back of the chair for ease of use. Below is Katie with her bottle in use, Katie's had two titanium rods inserted to repair scoliosis and ha5 quad cerebral palsy and you have no idea how many times we hear "can I have a drink please" your product has changed our lives foreverl Thanks so much David (Katie's Father}.
A few words from the Healthcare Specialists we work closely with to ensure those who need a Hydrant can get one free of charge. "I saw a lady today who has progressive M.5 and she is finding it really helpful as she is alone between care call and She can manage to get the tube with the help of the collar to her mouth herself. I hove a150 given them to a couple of Parkinson's clients whofind it really hard due to tremor5 to control a cup to their mouth but this stops them hoving to lift the cup" "A gentlemon with Parkinson's disease wos not drinking enough, due to this he was getting recurring infections. His tremor mode using a beaker difficult and he did not have the strength to use a straw. Having the hydrant means that his carers can set him up with a drink thot Is eosily occessible through the clip on straw. They are olso able to monitor the amount offluids he has. Since having the hydrant he has increased hisfluids, resolved his constipotion and reduced the number of urinary tract infertions he has- -At a Parkinson's review it came to my notice that a pcrtient was having difficulty sucking through a strow. They admitted this was causing them to miss some medications as they were unoble to get enough fluid in their mouth to swullow the toblets with. They were looking dehydrated and were having episodes of constipotion. I gave them a hydrant and this resulted in them increasing theirfluid input, being able to have their medication on time which then in turn improved their mobility and swallowl Constipation resolved and patient much hoppierf A word from our Trustees Another year has passed, and we're pleased to report that we are still here. continuing to support many vulnerable individuals in our community. Over the past few years, fundraising has become significantly more challenging, but we have managed to persevere, thanks in part to the generous support of several donors over the past year. The healthcare landscape has never been tougher, highlighting the urgent need for prevention rather than just treatment. We take great pride in our role in preventing hospital admissions related to dehydration. Our service is invaluable, focusing on the individual while simultaneously supporting the NHS during this period of significant strain. As detailed in other sections of our report, we estimate that since our charity's inception, we have helped prevent approximately 19,000 hospital admissions. With an estimated cost of around £10,000 per admission-due to the frailty of the vulnerable groups we serve-this equates to potential savings for the NHS of nearly £2tX) million, a remarkable achievement. Looking ahead, we anticipate that fundraising will continue to become even more difficult, with demand for each available pound outpacing supply by at least 10-1. Nevertheless, we remain hopeful that we will continue to receive the support necessary to sustain what we believe is critical work.
Financial Review Charitvs financial position at the end of the period. Reserves policy The Trustees regularly consider the reserves held by the charity, and regard a level of £20,000 in reserves as satisfactory. This amount represents running costs and ongoing distribution of projects. If at any point reserves fall below the target, the Trustees have agreed to act immediately to ensure continuity of work. At 31 March 2024. THF held a total of £20,000 in reserves. £20,000 of this total are reserved funds, whilst £15,000 of this total are unrestricted fund5. The free resee5 enable us to respond to needs of the organisation and our work. Structure, Governance and Management Description of charivs trusts- Type of governing document How is the charity constituted? Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Constitution Registered Charity through the Charity Commission The statutory power of appointing new or additional Trustees shall be taken out by Mark Moran MBE and the total number of Trustees shall not exceed Three. All Trustees served for the period from and to the date of this report. The Trustees undertake training as required to ensure that they are aware of their responsibilities. Reference and Administrative details Charity name Other name the charity uses Registered charity number Chariws principal address The Hydration Foundation 1168653 Dyrham Lodge 16 Clifton Park Clifton Bristol BS8 3BY Names of the charity trustees Office (rf any) Dates acted if not for whole year Name of person entltled to appoint trustee Mark Moran MBE Trustee name Mr Mark Moran MBE Charity address N/A N/A N/A Mr Stuart Travis Mr Michael Evans
Declarations Signature Full name Mark Moran MBE Position Trustee Date
REGISTERED CHARITY NUMBER: 1168653
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2024
for
The Hydration Foundation
Wormald & Partners Chartered Accountants (ICAEW) Brunel House 11 The Promenade Clifton Down Bristol BS8 3NG
The Hydration Foundation
Contents of the Financial Statements for the Year Ended 31 March 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 8 |
| Detailed Statement of Financial Activities | 9 |
The Hydration Foundation
Report of the Trustees for the Year Ended 31 March 2024
The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of 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 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a charitable incorporated organisation.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number (England and Wales) CE008476
Registered Charity number 1168653
Registered Office Dyrham Lodge 16 Clifton Park Clifton Bristol BS8 3BY
Trustees M Moran M A Evans S A Travis
Approved by order of the board of trustees on 12 September 2024 and signed on its behalf by:
M Moran - Trustee
Page 1
Independent Examiner's Report to the Trustees of The Hydration Foundation
Independent examiner's report to the trustees of The Hydration Foundation
I report to the charity trustees on my examination of the accounts of The Hydration Foundation (the Trust) for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees of the 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Neil Dando FCA
Wormald & Partners Chartered Accountants (ICAEW) Brunel House 11 The Promenade Clifton Down Bristol BS8 3NG
12 September 2024
Page 2
The Hydration Foundation
Statement of Financial Activities for the Year Ended 31 March 2024
| 2024 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 38,511 EXPENDITURE ON Raising funds 216 Other 31,173 Total 31,389 NET INCOME 7,122 RECONCILIATION OF FUNDS Total funds brought forward 37,278 TOTAL FUNDS CARRIED FORWARD 44,400 |
2023 Total funds £ 61,310 216 56,405 56,621 4,689 32,589 37,278 |
|---|---|
The notes form part of these financial statements
Page 3
The Hydration Foundation
Balance Sheet 31 March 2024
| 2024 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 71,555 CREDITORS Amounts falling due within one year 4 (11,053) NET CURRENT ASSETS 60,502 TOTAL ASSETS LESS CURRENT LIABILITIES 60,502 CREDITORS Amounts falling due after more than one year 5 (16,102) NET ASSETS 44,400 FUNDS 7 Unrestricted funds 44,400 TOTAL FUNDS 44,400 |
2023 Total funds £ 73,705 (10,482) 63,223 63,223 (25,945) 37,278 37,278 37,278 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 12 September 2024 and were signed on its behalf by:
M Moran - Trustee
The notes form part of these financial statements
Page 4
The Hydration Foundation
Notes to the Financial Statements for the Year Ended 31 March 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 61,310 |
| EXPENDITURE ON | |
| Raising funds | 216 |
| Other | 56,405 |
| Total | 56,621 |
| NET INCOME | 4,689 |
Page 5
continued...
The Hydration Foundation
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
==> picture [495 x 544] intentionally omitted <==
----- Start of picture text -----
|||||
|---|---|---|---|
|Unrestricted|
|fund|
|£|
|RECONCILIATION OF FUNDS|
|Total funds brought forward|32,589|
|TOTAL FUNDS CARRIED FORWARD|37,278|
|4.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|
|2024|2023|
|£|£|
|Bank loans and overdrafts (see note 6)|9,846|9,603|
|Other creditors|1,207|879|
|11,053|10,482|
|5.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR|
|2024|2023|
|£|£|
|Bank loans (see note 6)|16,102|25,945|
|6.|LOANS|
|An analysis of the maturity of loans is given below:|
|2024|2023|
|£|£|
|Amounts falling due within one year on demand:|
|Bank loans|9,846|9,603|
|Other loans|944|680|
|10,790|10,283|
|Amounts falling due between two and five years:|
|Bank loans - 2-5 years|16,102|25,945|
|7.|MOVEMENT IN FUNDS|
|Net|
|movement|At|
|At 1.4.23|in funds|31.3.24|
|£|£|£|
|Unrestricted funds|
|General fund|37,278|7,122|44,400|
|TOTAL FUNDS|37,278|7,122|44,400|
----- End of picture text -----
Page 6
continued...
The Hydration Foundation
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
7. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 38,511 | (31,389) | 7,122 |
| TOTAL FUNDS | 38,511 | (31,389) | 7,122 |
| Comparatives for movement in funds | |||
| Unrestricted funds | At 1.4.22 £ |
Net movement in funds £ |
At 31.3.23 £ |
| General fund | 32,589 | 4,689 | 37,278 |
| TOTAL FUNDS | 32,589 | 4,689 | 37,278 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
| General fund | 61,310 | (56,621) | 4,689 |
| TOTAL FUNDS | 61,310 | (56,621) | 4,689 |
| A current year 12 months and prior year 12 months combined position is as follows: | |||
| Unrestricted funds | At 1.4.22 £ |
Net movement in funds £ |
At 31.3.24 £ |
| General fund | 32,589 | 11,811 | 44,400 |
| TOTAL FUNDS | 32,589 | 11,811 | 44,400 |
Page 7
continued...
The Hydration Foundation
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 99,821 | (88,010) | 11,811 |
| TOTAL FUNDS | 99,821 | (88,010) | 11,811 |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page 8
The Hydration Foundation
Detailed Statement of Financial Activities for the Year Ended 31 March 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 13,511 | 51,310 |
| Grants | 25,000 | 10,000 |
| 38,511 | 61,310 | |
| Total incoming resources | 38,511 | 61,310 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Subscriptions | 216 | 216 |
| Other | ||
| Bank loan interest | 782 | 1,099 |
| Support costs | ||
| Finance | ||
| Bank charges | 63 | 66 |
| Other | ||
| Purchases | 30,000 | 55,000 |
| Governance costs | ||
| Accountancy and legal fees | 328 | 240 |
| Total resources expended | 31,389 | 56,621 |
| Net income | 7,122 | 4,689 |
This page does not form part of the statutory financial statements
Page 9
REGISTERED CHARITY NUMBER: 1168653
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2024
for
The Hydration Foundation
Wormald & Partners Chartered Accountants (ICAEW) Brunel House 11 The Promenade Clifton Down Bristol BS8 3NG
The Hydration Foundation
Contents of the Financial Statements for the Year Ended 31 March 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 8 |
| Detailed Statement of Financial Activities | 9 |
The Hydration Foundation
Report of the Trustees for the Year Ended 31 March 2024
The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of 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 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a charitable incorporated organisation.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number (England and Wales) CE008476
Registered Charity number 1168653
Registered Office Dyrham Lodge 16 Clifton Park Clifton Bristol BS8 3BY
Trustees M Moran M A Evans S A Travis
Approved by order of the board of trustees on 12 September 2024 and signed on its behalf by:
M Moran - Trustee
Page 1
Independent Examiner's Report to the Trustees of The Hydration Foundation
Independent examiner's report to the trustees of The Hydration Foundation
I report to the charity trustees on my examination of the accounts of The Hydration Foundation (the Trust) for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees of the 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Neil Dando FCA
Wormald & Partners Chartered Accountants (ICAEW) Brunel House 11 The Promenade Clifton Down Bristol BS8 3NG
12 September 2024
Page 2
The Hydration Foundation
Statement of Financial Activities for the Year Ended 31 March 2024
| 2024 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 38,511 EXPENDITURE ON Raising funds 216 Other 31,173 Total 31,389 NET INCOME 7,122 RECONCILIATION OF FUNDS Total funds brought forward 37,278 TOTAL FUNDS CARRIED FORWARD 44,400 |
2023 Total funds £ 61,310 216 56,405 56,621 4,689 32,589 37,278 |
|---|---|
The notes form part of these financial statements
Page 3
The Hydration Foundation
Balance Sheet 31 March 2024
| 2024 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 71,555 CREDITORS Amounts falling due within one year 4 (11,053) NET CURRENT ASSETS 60,502 TOTAL ASSETS LESS CURRENT LIABILITIES 60,502 CREDITORS Amounts falling due after more than one year 5 (16,102) NET ASSETS 44,400 FUNDS 7 Unrestricted funds 44,400 TOTAL FUNDS 44,400 |
2023 Total funds £ 73,705 (10,482) 63,223 63,223 (25,945) 37,278 37,278 37,278 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 12 September 2024 and were signed on its behalf by:
M Moran - Trustee
The notes form part of these financial statements
Page 4
The Hydration Foundation
Notes to the Financial Statements for the Year Ended 31 March 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 61,310 |
| EXPENDITURE ON | |
| Raising funds | 216 |
| Other | 56,405 |
| Total | 56,621 |
| NET INCOME | 4,689 |
Page 5
continued...
The Hydration Foundation
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
==> picture [495 x 544] intentionally omitted <==
----- Start of picture text -----
|||||
|---|---|---|---|
|Unrestricted|
|fund|
|£|
|RECONCILIATION OF FUNDS|
|Total funds brought forward|32,589|
|TOTAL FUNDS CARRIED FORWARD|37,278|
|4.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|
|2024|2023|
|£|£|
|Bank loans and overdrafts (see note 6)|9,846|9,603|
|Other creditors|1,207|879|
|11,053|10,482|
|5.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR|
|2024|2023|
|£|£|
|Bank loans (see note 6)|16,102|25,945|
|6.|LOANS|
|An analysis of the maturity of loans is given below:|
|2024|2023|
|£|£|
|Amounts falling due within one year on demand:|
|Bank loans|9,846|9,603|
|Other loans|944|680|
|10,790|10,283|
|Amounts falling due between two and five years:|
|Bank loans - 2-5 years|16,102|25,945|
|7.|MOVEMENT IN FUNDS|
|Net|
|movement|At|
|At 1.4.23|in funds|31.3.24|
|£|£|£|
|Unrestricted funds|
|General fund|37,278|7,122|44,400|
|TOTAL FUNDS|37,278|7,122|44,400|
----- End of picture text -----
Page 6
continued...
The Hydration Foundation
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
7. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 38,511 | (31,389) | 7,122 |
| TOTAL FUNDS | 38,511 | (31,389) | 7,122 |
| Comparatives for movement in funds | |||
| Unrestricted funds | At 1.4.22 £ |
Net movement in funds £ |
At 31.3.23 £ |
| General fund | 32,589 | 4,689 | 37,278 |
| TOTAL FUNDS | 32,589 | 4,689 | 37,278 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
| General fund | 61,310 | (56,621) | 4,689 |
| TOTAL FUNDS | 61,310 | (56,621) | 4,689 |
| A current year 12 months and prior year 12 months combined position is as follows: | |||
| Unrestricted funds | At 1.4.22 £ |
Net movement in funds £ |
At 31.3.24 £ |
| General fund | 32,589 | 11,811 | 44,400 |
| TOTAL FUNDS | 32,589 | 11,811 | 44,400 |
Page 7
continued...
The Hydration Foundation
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 99,821 | (88,010) | 11,811 |
| TOTAL FUNDS | 99,821 | (88,010) | 11,811 |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page 8
The Hydration Foundation
Detailed Statement of Financial Activities for the Year Ended 31 March 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 13,511 | 51,310 |
| Grants | 25,000 | 10,000 |
| 38,511 | 61,310 | |
| Total incoming resources | 38,511 | 61,310 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Subscriptions | 216 | 216 |
| Other | ||
| Bank loan interest | 782 | 1,099 |
| Support costs | ||
| Finance | ||
| Bank charges | 63 | 66 |
| Other | ||
| Purchases | 30,000 | 55,000 |
| Governance costs | ||
| Accountancy and legal fees | 328 | 240 |
| Total resources expended | 31,389 | 56,621 |
| Net income | 7,122 | 4,689 |
This page does not form part of the statutory financial statements
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