**REGISTERED CHARITY NUMBER: 1168737** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **FOR** **DOVER OUTREACH CENTRE** SHPD Accountants 10 Littlebourne Road Maidstone Kent ME14 5QP **DOVER OUTREACH CENTRE** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**|4|to|5| |**Balance Sheet**|6|to|7| |**Cash Flow Statement**||8|| |**Notes to the Cash Flow Statement**||9|| |**Notes to the Financial Statements**|10|to|15| |**Detailed Statement of Financial Activities**|16|to|17| **DOVER OUTREACH CENTRE** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024** The trustees present their report with the financial statements of the charity for the year ended 31 December 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** To promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society. Please refer to the Chairman's report for a summary of the main activities undertaken in the year. We confirm that the trustees have had regard to the Charity Commission's guidance on public benefit. ## **ACHIEVEMENT AND PERFORMANCE** Please refer to the Chairman's report for a summary of the main achievements of the charity in the year. ## **FINANCIAL REVIEW** ## **Principal funding sources** For details of the charity's principal funding sources, please refer to the Chairman's report following these financial statements. ## **Reserves policy** The charity's policy is to maintain a reserves level equivalent to at least 6 months of operational expenditure. ## **FUTURE PLANS** For the charity's future plans, please refer to the Chairman's report following these financial statements. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **Recruitment and appointment of new trustees** New trustees are appointed by the existing trustees. Nominees are asked to prepare a statement of why they want to join the trustee board and what they feel they have to offer it. This is shared with existing trustees for discussion. ## **Organisational structure** For the charity's organisational structure, please refer to the Chairman's report following these financial statements. ## **Decision making** The board of trustees takes responsibility for making decisions for the charity. ## **Induction and training of new trustees** Induction is by meeting with the chair of trustees to receive an overview of the charity, attending trustee meetings, and they are encouraged to read the Charity Commission's guidance on what is involved in being a trustee. ## **Key management remuneration** For details of the charity's key management remuneration, please refer to the Chairman's report following these financial statements. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 1168737 ## **Principal address** Victory House 168 Snargate Street Dover Kent CT17 9BZ Page 1 DOVER (KITREACH CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees J S Shilling P H Walla J Jowett J E Donaldson JGPryse R A Jones (reS￿ned 12.3.20241 A Boxall Independent Examlner Peter Acott FCCA SHPD AcLountsnts 10 Littleboume Road Maidslone Kent ME14 5QP Approved by order of the board of twstees cn 1 April 2(r25 ￿gn￿ its behaf by.. J S Shilling- Truske Page 2 Kenl ME14 5QP 1 N¥1 2025 **DOVER OUTREACH CENTRE** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024** |Unrestricted
fund
Accommodation
Notes
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**175,904**
**1,760**
Investment income
3
**-**
**418,104**
**Total**
**175,904**
**419,864**
**EXPENDITURE ON**
**Charitable activities**
4
Core fund activities
**117,615**
**248,522**
Oban House
**-**
**88,768**
Suffolk House
**-**
**74,805**
Roman Quay
**-**
**20,268**
Other
**48,118**
**-**
**Total**
**165,733**
**432,363**
**NET INCOME/(EXPENDITURE)**
**10,171**
**(12,499)**
**Transfers between funds**
12
**(51)**
**-**
**Net movement in funds**
**10,120**
**(12,499)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**26,832**
**120,339**
**TOTAL FUNDS CARRIED FORWARD**
**36,952**
**107,840**|Winter
Night
Shelter
£
**10,253**
**-**
**10,253**
**11,067**
**-**
**-**
**-**
**-**
**11,067**
**(814)**
**-**
**(814)**
**3,444**
**2,630**| |---|---| The notes form part of these financial statements Page 4 **DOVER OUTREACH CENTRE** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024** |Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
Investment income
3
**Total**
**EXPENDITURE ON**
**Charitable activities**
4
Core fund activities
Oban House
Suffolk House
Roman Quay
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
12
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**2024**
**Total**
Foodbank
**funds**
£
**£**
**130,799**
**318,716**
**-**
**418,104**
**130,799**
**736,820**
**203,300**
**580,504**
**-**
**88,768**
**-**
**74,805**
**-**
**20,268**
**-**
**48,118**
**203,300**
**812,463**
**(72,501)**
**(75,643)**
**51**
**-**
**(72,450)**
**(75,643)**
**212,798**
**363,413**
**140,348**
**287,770**|2023
Total
funds
£
502,551
342,837| |---|---|---| |||845,388| |||394,403
74,317
63,925
87,488
33,794| |||653,927| |||191,461
-| |||191,461
171,952| |||363,413| The notes form part of these financial statements Page 5 **DOVER OUTREACH CENTRE** ## **BALANCE SHEET 31 DECEMBER 2024** |Unrestricted
fund
Accommodation
Notes
£
£
**FIXED ASSETS**
Investments
9
**2**
**-**
**CURRENT ASSETS**
Debtors
10
**629**
**2,112**
Cash at bank
**41,014**
**123,058**
**41,643**
**125,170**
**CREDITORS**
Amounts falling due within one year
11
**(4,693)**
**(17,330)**
**NET CURRENT ASSETS**
**36,950**
**107,840**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**36,952**
**107,840**
**NET ASSETS**
**36,952**
**107,840**|Winter
Night
Shelter
£
**-**
**-**
**3,160**
**3,160**
**(530)**
**2,630**
**2,630**
**2,630**| |---|---| The notes form part of these financial statements Page 6 continued... DOVER (xmiEACH CETr￿RE BALANCE SHEET- contin￿d 31 DECEMBER 2024 2024 Total funds 2023 Total fijnds Fcrf)dbank Ncles FIXED ASSETS Investments CURRENT ASs￿s Debtors Cash at bank 10 3.676 307.378 2,224 372,652 140,146 141.081 311.054 374,876 CREDITORS Amounts falling due W7￿1n one ye 11 (T331 123,286) 111,4651 NET CURRENT ASSETS 140,348 287,768 363.411 TOTAL ASSETS LESS CURRENT UABIUTIES 140.348 287.770 363.413 NET ASSETS 140,348 287.770 363,413 FUNDS Unrestricted ftJnd5 Restricted funds 12 36,952 250.818 26,832 3￿,581 TOTAL FUNDS 287,nO 363,413 The finanoal statements WEre awroved by the Bcord of Tru&ees auth(y1￿5 for Bsue ¢)n 1 Apil 2025 and w￿e &gned on ts behalf ty.. J£gL J S Shilling- Tfustee P H Wallace- Tntslee The notes fom part of tsse financial statements PaJe 7 ## **DOVER OUTREACH CENTRE** ## **CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024** |Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash (used in)/provided by operating activities
**Change in cash and cash equivalents in the**
**reporting period**
**Cash and cash equivalents at the beginning of**
**the reporting period**
**Cash and cash equivalents at the end of the**
**reporting period**|**2024**
**£**
**(65,274)**
**(65,274)**
**(65,274)**
**372,652**
**307,378**|2023
£
202,326| |---|---|---| |||202,326| |||| |||202,326
170,326| |||372,652| The notes form part of these financial statements Page 8 **DOVER OUTREACH CENTRE** ## **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024** ## **1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES** |**Net (expenditure)/income for the reporting period (as per the Statement of**
**Financial Activities)**
**Adjustments for:**
(Increase)/decrease in debtors
Increase in creditors
**Net cash (used in)/provided by operations**|**2024**
**£**
**(75,643)**
**(1,452)**
**11,821**
**(65,274)**|2023
£
191,461
10,776
89| |---|---|---| |||202,326| ## **2. ANALYSIS OF CHANGES IN NET FUNDS** |At 1.1.24
Cash flow
**At**
£
£
**Net cash**
Cash at bank
**372,652**
**(65,274)**
**372,652**
**(65,274)**
**Total**
**372,652**
**(65,274)**|**31.12.24**
**£**
**307,378**| |---|---| ||**307,378**| ||**307,378**| The notes form part of these financial statements Page 9 **DOVER OUTREACH CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 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, with the exception of investments which are included at market value. ## **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.** ## **DONATIONS AND LEGACIES** |Donations
Grants
Sundry receipts
Foodbank initial funds
Recharged building costs
Administration fee
Grants received, included in the above, are as follows:
Dover District Council
Kent Community Foundation
DLUHC
Lord Barnaby
RV Colman Trust
The Trussell Trust
Louise Allen Trust
Social Enterprise|**2024**
**£**
**66,738**
**241,127**
**1,475**
**-**
**3,376**
**6,000**
**318,716**
**2024**
**£**
**183,912**
**7,500**
**32,001**
**-**
**-**
**12,714**
**-**
**5,000**
**241,127**|2023
£
52,098
259,556
1,029
156,930
32,938
-| |---|---|---| |||502,551| |||2023
£
136,258
8,500
46,310
3,000
10,000
39,488
16,000
-| |||259,556| Page 10 continued... **DOVER OUTREACH CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024** ## **3. INVESTMENT INCOME** |**2024**
**£**
Rents received (VH)
**221,642**
Rents received (OH, SH & RQ)
**196,462**
**418,104**
**CHARITABLE ACTIVITIES COSTS**
Support
Direct
costs (see
Costs
note 5)
£
£
Core fund activities
**556,366**
**24,138**
Oban House
**88,768**
**-**
Suffolk House
**74,780**
**25**
Roman Quay
**20,268**
**-**
**740,182**
**24,163**
**SUPPORT COSTS**
Information
Governance
Finance
technology
costs
£
£
£
Core fund activities
**314**
**7,142**
**16,682**
Suffolk House
**-**
**-**
**25**
**314**
**7,142**
**16,707**|2023
£
210,934
131,903|2023
£
210,934
131,903| |---|---|---| ||342,837|| ||Totals
£
**580,504**
**88,768**
**74,805**
**20,268**|| ||**764,345**|| |||Totals
£
**24,138**
**25**| |||**24,163**| ## **4. CHARITABLE ACTIVITIES COSTS** ## **5. SUPPORT COSTS** ## **6. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023. ## **7. STAFF COSTS** |**STAFF COSTS**||| |---|---|---| ||**2024**|2023| ||**£**|£| |Wages and salaries|**254,878**|209,036| ||**254,878**|209,036| |The average monthly number of employees during the year was as follows:||| ||**2024**|2023| |All employees|**14**|12| No employees received emoluments in excess of £60,000. Page 11 continued... **DOVER OUTREACH CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024** ## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |Unrestricted
fund
Accommodation
£
£
**INCOME AND ENDOWMENTS**
**FROM**
Donations and legacies
124,033
82,418
Investment income
-
342,837
**Total**
124,033
425,255
**EXPENDITURE ON**
**Charitable activities**
Core fund activities
85,834
220,454
Oban House
-
74,317
Suffolk House
-
63,925
Roman Quay
-
87,488
Other
33,794
-
**Total**
119,628
446,184
**NET INCOME/(EXPENDITURE)**
4,405
(20,929)
**Transfers between funds**
(60)
-
**Net movement in funds**
4,345
(20,929)
**RECONCILIATION OF FUNDS**
Total funds brought forward
22,487
141,268
**TOTAL FUNDS CARRIED**
**FORWARD**
26,832
120,339
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 1 January 2024 and 31 December 2024
**NET BOOK VALUE**
At 31 December 2024
At 31 December 2023|Winter
Night
Shelter
£
20,492
-
20,492
25,245
-
-
-
-
25,245
(4,753)
-
(4,753)
8,197
3,444|Total
Foodbank
funds
£
£
275,608
502,551
-
342,837
275,608
845,388
62,870
394,403
-
74,317
-
63,925
-
87,488
-
33,794
62,870
653,927
212,738
191,461
60
-
212,798
191,461
-
171,952
212,798
363,413
Shares in
group
undertakings
£
**2**
**2**
2|Total
funds
£
502,551
342,837| |---|---|---|---| ||||845,388| ||||394,403
74,317
63,925
87,488
33,794| ||||653,927| ||||191,461
-| ||||191,461
171,952| ||||363,413| ## **9. FIXED ASSET INVESTMENTS** There were no investment assets outside the UK. Page 12 continued... **DOVER OUTREACH CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024** ## **10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |||||||**2024**|2023| |---|---|---|---|---|---|---|---| |||||||**£**|£| ||Prepayments|||||**3,676**|2,224| |**11.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||||| |||||||**2024**|2023| |||||||**£**|£| ||Trade creditors|||||**5,822**|3,905| ||Taxation and social security|||||**10,448**|733| ||Other creditors|||||**7,016**|6,827| |||||||**23,286**|11,465| |**12.**|**MOVEMENT IN FUNDS**||||||| ||||||Net|Transfers|| ||||||movement|between|At| |||At||1.1.24|in funds|funds|31.12.24| |||||£|£|£|£| ||**Unrestricted funds**||||||| ||General fund||**26,832**||**10,171**|**(51)**|**36,952**| ||**Restricted funds**||||||| ||Accommodation|**120,339**|||**(12,499)**|**-**|**107,840**| ||Winter Night Shelter|||**3,444**|**(814)**|**-**|**2,630**| ||Foodbank|**212,798**|||**(72,501)**|**51**|**140,348**| |||**336,581**|||**(85,814)**|**51**|**250,818**| ||**TOTAL FUNDS**|**363,413**|||**(75,643)**|**-**|**287,770**| ||Net movement in funds, included in the above are as follows:||||||| ||||||Incoming|Resources|Movement| ||||||resources|expended|in funds| ||||||£|£|£| ||**Unrestricted funds**||||||| ||General fund||||**175,904**|**(165,733)**|**10,171**| ||**Restricted funds**||||||| ||Accommodation||||**419,864**|**(432,363)**|**(12,499)**| ||Winter Night Shelter||||**10,253**|**(11,067)**|**(814)**| ||Foodbank||||**130,799**|**(203,300)**|**(72,501)**| ||||||**560,916**|**(646,730)**|**(85,814)**| ||**TOTAL FUNDS**||||**736,820**|**(812,463)**|**(75,643)**| Page 13 continued... **DOVER OUTREACH CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024** ## **12. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
**Restricted funds**
Accommodation
Winter Night Shelter
Foodbank
**TOTAL FUNDS**|Net
movement
At 1.1.23
in funds
£
£
22,487
4,405
141,268
(20,929)
8,197
(4,753)
-
212,738
149,465
187,056
171,952
191,461|Transfers
between
At
funds
31.12.23
£
£
(60)
26,832
-
120,339
-
3,444
60
212,798
60
336,581
-
363,413|Transfers
between
At
funds
31.12.23
£
£
(60)
26,832
-
120,339
-
3,444
60
212,798
60
336,581
-
363,413| |---|---|---|---| ||||336,581| ||||363,413| Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Accommodation
Winter Night Shelter
Foodbank
**TOTAL FUNDS**|Incoming
Resources
Movement
resources
expended
in funds
£
£
£
124,033
(119,628)
4,405
425,255
(446,184)
(20,929)
20,492
(25,245)
(4,753)
275,608
(62,870)
212,738
721,355
(534,299)
187,056
845,388
(653,927)
191,461|Incoming
Resources
Movement
resources
expended
in funds
£
£
£
124,033
(119,628)
4,405
425,255
(446,184)
(20,929)
20,492
(25,245)
(4,753)
275,608
(62,870)
212,738
721,355
(534,299)
187,056
845,388
(653,927)
191,461| |---|---|---| |||187,056| |||191,461| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Accommodation
Winter Night Shelter
Foodbank
**TOTAL FUNDS**|Net
movement
At 1.1.23
in funds
£
£
22,487
14,576
141,268
(33,428)
8,197
(5,567)
-
140,237
149,465
101,242
171,952
115,818|Transfers
between
At
funds
31.12.24
£
£
(111)
36,952
-
107,840
-
2,630
111
140,348
111
250,818
-
287,770|Transfers
between
At
funds
31.12.24
£
£
(111)
36,952
-
107,840
-
2,630
111
140,348
111
250,818
-
287,770| |---|---|---|---| ||||250,818| ||||287,770| Page 14 continued... **DOVER OUTREACH CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024** ## **12. 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|299,937|(285,361)|14,576| |**Restricted funds**|||| |Accommodation|845,119|(878,547)|(33,428)| |Winter Night Shelter|30,745|(36,312)|(5,567)| |Foodbank|406,407|(266,170)|140,237| ||1,282,271|(1,181,029)|101,242| |**TOTAL FUNDS**|1,582,208|(1,466,390)|115,818| |**RELATED PARTY DISCLOSURES**|||| |**Sunrise Cafe (Dover) Ltd**|||| ## **13. RELATED PARTY DISCLOSURES** A subsidiary of the charity. During the year £5,588 (2023 - £6,844) was charged to Sunrise Cafe (Dover) Ltd regarding rent and utilities. Page 15 **DOVER OUTREACH CENTRE** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants
Sundry receipts
Foodbank initial funds
Recharged building costs
Administration fee
**Investment income**
Rents received (VH)
Rents received (OH, SH & RQ)
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages, NI & pension
Rent, rates and water
Insurance
Office stationery & equipment
Advertising and website
Sundries
General expenses
Accommodation costs
Move on costs
Minor equipment
Food
Drop-in centre supplies
Other costs
CEO services
Centre manager's services
Other subcontracted labour
Property repairs
FB Equipment and supplies
Travel expenses
Household support costs
**Other**
Subsidiary donations - Sunrise Cafe
Grants paid and transferred
**Support costs**
**Finance**
Bank charges|2024
£
**66,738**
**241,127**
**1,475**
**-**
**3,376**
**6,000**
**318,716**
**221,642**
**196,462**
**418,104**
**736,820**
**254,878**
**196,508**
**8,883**
**7,804**
**-**
**-**
**2,205**
**38,117**
**6,503**
**2,844**
**2,795**
**3,094**
**1,524**
**15,104**
**17,122**
**46,458**
**44,226**
**26,520**
**3,327**
**62,270**
**740,182**
**48,118**
**-**
**48,118**
**314**|2023
£
52,098
259,556
1,029
156,930
32,938
-| |---|---|---| |||502,551
210,934
131,903| |||342,837| |||845,388
209,036
144,695
8,697
-
351
19
2,943
-
5,710
12,966
5,552
15,061
3,870
19,347
15,991
10,443
127,186
27,811
-
-| |||609,678
27,794
6,000| |||33,794
331| This page does not form part of the statutory financial statements Page 16 **DOVER OUTREACH CENTRE** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024** |**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31 DECEMBER 2024**||| |---|---|---| |**Finance**
**Information technology**
Repairs and renewals
Computer & software expenses
**Governance costs**
Accountancy fees
Legal and professional fees
Administration fee
Total resources expended
**Net (expenditure)/income**|2024
£
**-**
**7,142**
**7,142**
**1,800**
**8,907**
**6,000**
**16,707**
**812,463**
**(75,643)**|2023
£
1,124
-| |||1,124
1,800
7,200
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