**REGISTERED COMPANY NUMBER: CE012275 (England and Wales) REGISTERED CHARITY NUMBER: 1174749** ## **REPORT OF THE TRUSTEES AND** ## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **FOR** ## **OPEN AIR CAMPAIGNERS (GB)** Garbetts (IOW) Limited Exchange House St Cross Lane Newport Isle of Wight PO30 5BZ **OPEN AIR CAMPAIGNERS (GB)** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** **----- Start of picture text -----**
Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7 to 8
Notes to the Financial Statements 9 to 15
Detailed Statement of Financial Activities 16 to 17
**----- End of picture text -----**
**OPEN AIR CAMPAIGNERS (GB)** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, 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** The object of the Society (as laid down in its rules) is: 'To advance the Gospel of Jesus Christ by all means but without prejudice to the generality of the foregoing to do so particularly by open air evangelism.' This is more usually summed up by the motto "Presenting Christ by all means everywhere" and provided the impetus for all the work planned by the evangelists during 2024; principally, the organisation of regular gospel presentations in busy public areas, but also in school visits and other opportunities as they arose. Page 1 **OPEN AIR CAMPAIGNERS (GB)** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024** ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** It was a year of National Elections in many European countries and beyond including here in the UK and the USA and India. In elections individuals place a cross against their preferred candidate. OAC's Work involves pointing individuals to a Cross that "Really Counts" and has eternal consequence and not just for the next five years. There are at present 6 Trustees on the National Council bringing a broad range of experience and expertise to the National Council Meetings that take place on "Zoom" . Now the Council has made OAC GB compliant with new government legislation and the change to a CIO, we are now in a position to focus more fully on developing a strategic plan. We have made some good progress towards this aim in 2024. All evangelists are now self-employed. Newly retired evangelists continue some work on a voluntary basis. Other volunteers consist of Assistant Evangelists, School Workers and Associates. At this time we have three trainees. When their training is completed this will be followed by a commissioning service for each one. This gives an opportunity to promote the work of OACGB to many people attending. In addition, there are links with 18 countries in Europe and Africa to encourage and train those who have a heart for evangelism. Moreover, there are many more people participating by supporting and encouraging the above personnel in their outreach work e.g. city-centre teams, branch committees/ support groups and prayer warriors. There are two core activities, one of which is open-air gospel presentations using the sketchboard in towns and city-centres up and down the UK. The other core activity is presenting the gospel to children in primary and secondary schools, often using the sketchboard, where annually, many thousands of children are reached with the Good News. Other activities, clubs and children missions, church based missions, prisons and ship work in presenting the gospel in various formats e.g. magic, puppets, story telling. All these activities were mainly curtailed through most of 2021. However, more and more of the evangelist are producing gospel presentations via the Internet, for example, using YouTube, Facebook, Instagram, Podcasts and Zoom. Plans are being made to give training to evangelists where and when appropriate, in "producing" such presentations. Training 'the saints' is now an integral part of OAC's work. Courses are organized and tailored to local churches on many aspects of evangelism. Moreover, courses are run for colleges and other evangelistic organisations as well as regional courses in Cardiff and London for Streetwise, training people to use the sketchboard for presenting the Gospel. Moreover, the training work is now taking place by means of using zoom and encouraging more trainees with up to 60 per course. There are also links with other evangelistic enterprises, e.g. London City Mission and K180 concerning mission work. These include the Go Mission for London and Brighton Fringe Mission. Conferences are held to inspire, encourage, share, pray, together and exchange ideas and best practice. These included the Prayer Conference (Spring), European Conference (bi-annual) and the Evangelist Conference (Autumn) with a variety of good speakers and good attendance. Finally, there is the International Conference held every four years. Again, these conferences took place where possible on zoom, with no face-to-face possible. Page 2 **OPEN AIR CAMPAIGNERS (GB)** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024** I would like to thank very much, everyone involved with the OACGB for their commitment to the work in all the various creative alternative ways that they clearly convey the Gospel Message. I would like to thank especially, the new National Director and the new General Secretary for all their hard work, particularly the challenge of raising the profile of OAC, through marketing and the social media. I would like to thank the Training Director on his innovative work in developing toolboxes for training purposes and his recruitment and training work. Finally, I would like to thank the Daily Prayer Note Secretary, DBS coordinator, National Accounts Manager for all their work in helping to make OAC operate effectively and economically. All this work took place again through another unprecedented year, again often by innovative means. Some issues to be considered for the year ahead 2025 to attract new money, new people and new partners. a. Continue to raise the profile using social media using Facebook, Twitter, Instagram, YouTube, Zoom, Podcasts. b. Develop a strategy for growth e.g. partnering Local Churches through Internship, linking with Bible Colleges and UCCF with Summer Internship. May we all know the Lord's Will in the coming year and let us give Him thanks for the past 55 years of building up the OAC Ministries, knowing the Lord is at work here in the UK in many different ways. We know that people need to hear the Good News of the Gospel. For from him and through him and to him are all things. To him be the glory forever. Amen. (Romans 11:36 ESVi) Graham Worden - OACGB Chairman ## **FINANCIAL REVIEW** ## **Reserves policy** As at 31 December 2024 reserves stood at £402,503 (2023:£395,769) including an endowment fund of £18,575 (2023:£18,165) Most of the Society's reserves are held in working balances within each branch. Endowments and central funds surplus to immediate requirements are managed so as to achieve a good return whilst remaining secure. The Council have a policy of encouraging branches to maintain adequate reserves for their operational needs, but not to maintain excessive reserves. A similar policy is applied at National level. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The charity is Charitable Incorporated Organisation (CIO) Registered Charity Number: 1174749. ## **Recruitment and appointment of new trustees** New council trustees are recruited by personal invitation, or by being nominated by an OAC (GB) branch, and are usually brought into the Council initially by being co-opted until the next AGM.. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** CE012275 (England and Wales) ## **Registered Charity number** 1174749 Page 3 opeN AIR CAMPAIGNERS {fjO) REpoKfoF THETRIISYEES FOR THEYEAR ENL>ED31 OECEMBER2024 Re8lstered office Way51de Church Lane Lower Mtw Pershore Worcesrershlre WAIO 2PJ Ttust¢es G Warden N Durden D NJoroEe M J Getley G H 8ecklngham Company S•cr•tary A Stephen5 Independent EJ(amlner Garbetts {IOWI Umlted Exchange House St Cr055 Lane Newport Isle of Wlght P030 5BZ The trustees present thelr re￿￿rt the fFnandal statements of the tharlty for the year ended 31 December 20 . and signed on its behalf by: G Worw. Tnsst Page 4 INDEPENDENT EXAMlhlER'S REPORT TO THE TRUSfEES OF OPEN AIR CAMPAIGNERS {G8) Independent examiner's report to the trustees of OPEN AIR CAMPAIGNERS IGBI ('the Company.) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024. Responslbllltles and basis of report As the charity's trustees of the Company land also its direttors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having Satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your charity'5 accounts as carried out under Section 145 of the Charities Act 2011 {'the 2011 Art'l. In carryin8 Out my examination I have followed the Directions given by the Charity Commission under Section 145151 Ibl of the 2011 Art, Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attention in connection wSth the examination giving me cause to believe: accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act,. or the accounts do not accord with those records,. or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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,. or the accounts have not been prepared in accordance with the method5 and prlnciples of the Statement of Recommended Practice for accounting and reportin8 by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. 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. Mark Paxton Garbotts IIOWI Limited Exchange House St Cross Lane Newport Isle of Wight P030 5BZ Page 5 **OPEN AIR CAMPAIGNERS (GB)** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024** |Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS**
**FROM**
Donations and legacies
48,969
Investment income
2
32,280
**Total**
81,249
**EXPENDITURE ON**
**Charitable activities**
Advancing the Gospel of Jesus
Christ
76,561
Other
433
**Total**
76,994
Net gains on investments
-
**NET INCOME/(EXPENDITURE)**
4,255
**RECONCILIATION OF FUNDS**
Total funds brought forward
377,604
**TOTAL FUNDS CARRIED**
**FORWARD**
381,859|Restricted
Endowment
funds
fund
£
£
16,150
-
-
-
16,150
-
14,081
-
-
-
14,081
-
-
410
2,069
410
-
18,165
2,069
18,575|2024
Total
funds
£
65,119
32,280
97,399
90,642
433
91,075
410
6,734
395,769
402,503|2023
Total
funds
£
72,530
3,165
75,695
87,325
577
87,902
1,529
(10,678)
406,447
395,769| |---|---|---|---| The notes form part of these financial statements Page 6 **OPEN AIR CAMPAIGNERS (GB)** ## **BALANCE SHEET 31 DECEMBER 2024** |Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
6
1,299
Investments
7
-
1,299
**CURRENT ASSETS**
Debtors
8
6,088
Cash at bank
376,417
382,505
**CREDITORS**
Amounts falling due within one
year
9
(1,945)
**NET CURRENT ASSETS**
380,560
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
381,859
**NET ASSETS**
381,859
**FUNDS**
10
Unrestricted funds
Restricted funds
Endowment funds
**TOTAL FUNDS**|Restricted
Endowment
funds
fund
£
£
-
-
-
18,575
-
18,575
-
-
2,069
-
2,069
-
-
-
2,069
-
2,069
18,575
2,069
18,575|2024
Total
funds
£
1,299
18,575
19,874
6,088
378,486
384,574
(1,945)
382,629
402,503
402,503
381,859
2,069
18,575
402,503|2023
Total
funds
£
1,732
18,165
19,897
205,998
172,386
378,384
(2,512)
375,872
395,769
395,769
377,604
-
18,165
395,769| |---|---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements continued... Page 7 OPEPI AIRCAMPAIGf4ÉRS (G 8AIANCESHEEf. subJertto the 5mallcomp¥nle5 rets 7..1.io'l25.....-. ¥nd Y￿e siy*l t%¥ Its hehalf trr. Gwo -Trurtee The nots5 form part of the5efffiaKial statwnerrts Page 8 **OPEN AIR CAMPAIGNERS (GB)** **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 charitable company, 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 Companies Act 2006. 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. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery - 25% on reducing balance ## **Taxation** The charity is exempt from corporation 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. continued... Page 9 **OPEN AIR CAMPAIGNERS (GB)** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024** ## **2. INVESTMENT INCOME** **----- Start of picture text -----**
|||| |---|---|---| |2024|2023| |£|£| |Deposit account interest|5,422|3,165| |Curr asset inv income|26,858|-| |32,280|3,165| **----- End of picture text -----**
## **3. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): **----- Start of picture text -----**
|||| |---|---|---| |2024|2023| |£|£| |Depreciation - owned assets|433|577| **----- End of picture text -----**
## **4. 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. ## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** **----- Start of picture text -----**
||||| |---|---|---|---| |Unrestricted|Endowment|Total| |fund|fund|funds| |£|£|£| |INCOME AND ENDOWMENTS FROM| |-| |Donations and legacies|72,530|72,530| |Investment income|3,165|-|3,165| |Total|75,695|-|75,695| |EXPENDITURE ON| |Charitable activities| |-| |Advancing the Gospel of Jesus Christ|87,325|87,325| |Other|577|-|577| |Total|87,902|-|87,902| |-| |Net gains on investments|1,529|1,529| |NET INCOME/(EXPENDITURE)|(12,207)|1,529|(10,678)| **----- End of picture text -----**
continued... Page 10 **OPEN AIR CAMPAIGNERS (GB)** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024** **----- Start of picture text -----**
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Endowment Total
fund fund funds
£ £ £
RECONCILIATION OF FUNDS
Total funds brought forward 389,811 16,636 406,447
TOTAL FUNDS CARRIED FORWARD 377,604 18,165 395,769
6. TANGIBLE FIXED ASSETS
Plant and
machinery
£
COST
At 1 January 2024 and 31 December 2024 9,729
DEPRECIATION
At 1 January 2024 7,997
Charge for year 433
At 31 December 2024 8,430
NET BOOK VALUE
At 31 December 2024 1,299
At 31 December 2023 1,732
7. FIXED ASSET INVESTMENTS
2024 2023
£ £
Other 18,575 18,165
There were no investment assets outside the UK.
Investments (neither listed nor unlisted) were as follows:
2024 2023
£ £
COIF Investment fund 18,575 18,165
**----- End of picture text -----**
continued... Page 11 **OPEN AIR CAMPAIGNERS (GB)** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024** ## **8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Gift aid reclaimable
Other debtors
Prepayments
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accrued expenses
**10.**
**MOVEMENT IN FUNDS**
At 1.1.24
£
**Unrestricted funds**
General fund
377,604
Conference subsidy fund
-
London mission support fund
-
CPD fund
-
MS property support fund
-
Re-branding fund
-
International travel fund
-
Reserve fund
-
Training fund
-
377,604
**Restricted funds**
Romania Fund
-
Nigeria Fund
-
-
**Endowment funds**
Endowment fund
18,165
**TOTAL FUNDS**
395,769|Net
movement
in funds
£
4,255
-
-
-
-
-
-
-
-
4,255
1,773
296
2,069
410
6,734|2024
£
6,088
-
-
6,088
2024
£
1,945
Transfers
between
funds
£
(187,107)
10,000
738
15,000
103,000
3,516
15,000
10,000
29,853
-
-
-
-
-
-|2023
£
5,948
199,050
1,000
205,998
2023
£
2,512
At
31.12.24
£
194,752
10,000
738
15,000
103,000
3,516
15,000
10,000
29,853
381,859
1,773
296
2,069
18,575
402,503| |---|---|---|---| continued... Page 12 **OPEN AIR CAMPAIGNERS (GB)** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024** ## **10. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
81,249
(76,994)
**Restricted funds**
Romania Fund
13,673
(11,900)
Nigeria Fund
2,477
(2,181)
16,150
(14,081)
**Endowment funds**
Endowment fund
-
-
**TOTAL FUNDS**
97,399
(91,075)
**Comparatives for movement in funds**
At 1.1.23
£
**Unrestricted funds**
General fund
389,811
**Endowment funds**
Endowment fund
16,636
**TOTAL FUNDS**
406,447
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
75,695
(87,902)
**Endowment funds**
Endowment fund
-
-
**TOTAL FUNDS**
75,695
(87,902)|Gains and
Movement
losses
in funds
£
£
-
4,255
-
1,773
-
296
-
2,069
410
410
410
6,734
Net
movement
At
in funds
31.12.23
£
£
(12,207)
377,604
1,529
18,165
(10,678)
395,769
Gains and
Movement
losses
in funds
£
£
-
(12,207)
1,529
1,529
1,529
(10,678)| |---|---| continued... Page 13 **OPEN AIR CAMPAIGNERS (GB)** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024** ## **10. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
Conference subsidy fund
London mission support fund
CPD fund
MS property support fund
Re-branding fund
International travel fund
Reserve fund
Training fund
**Restricted funds**
Romania Fund
Nigeria Fund
**Endowment funds**
Endowment fund
**TOTAL FUNDS**|At 1.1.23
£
389,811
-
-
-
-
-
-
-
-
389,811
-
-
-
16,636
406,447|Net
movement
in funds
£
(7,952)
-
-
-
-
-
-
-
-
(7,952)
1,773
296
2,069
1,939
(3,944)|Transfers
between
funds
£
(187,107)
10,000
738
15,000
103,000
3,516
15,000
10,000
29,853
-
-
-
-
-
-|At
31.12.24
£
194,752
10,000
738
15,000
103,000
3,516
15,000
10,000
29,853
381,859
1,773
296
2,069
18,575
402,503| |---|---|---|---|---| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Romania Fund
Nigeria Fund|Incoming
resources
£
156,944
13,673
2,477|Resources
expended
£
(164,896)
(11,900)
(2,181)|Gains and
Movement
losses
in funds
£
£
-
(7,952)
-
1,773
-
296| |---|---|---|---| |**Endowment funds**
Endowment fund|16,150
-|(14,081)
-|-
2,069
1,939
1,939| |**TOTAL FUNDS**|173,094|(178,977)|1,939
(3,944)| continued... Page 14 **OPEN AIR CAMPAIGNERS (GB)** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024** ## **10. MOVEMENT IN FUNDS - continued** ## **Transfers between funds** Within Unrestricted Funds there are eight designated funds as listed in note 10. These are funds set aside by the trustees for specific purposes as indicated by the fund balance titles. ## **11. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2024. Page 15 **OPEN AIR CAMPAIGNERS (GB)** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
Gift aid
OAC Romania support
Conference fee income
Misc income
OAC Nigeria support|2024
2023
£
£
31,484
49,349
12,969
12,741
13,673
4,116
4,416
6,100
100
224
2,477
-| |---|---| |**Investment income**
Deposit account interest
Curr asset inv income|65,119
72,530
5,422
3,165
26,858
-| ||32,280
3,165| |**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Insurance
Postage and stationery
Sundries
Consultancy fees
General Secretary fees
Conference & transport GB
Mission overseas
Travel & subsistence
Grants to other OACs
Subscriptions
Training grants
Other grants|97,399
75,695
1,148
958
646
658
503
35
40,006
43,353
3,000
3,000
8,866
4,971
4,121
11,393
1,726
2,527
12,699
3,815
396
208
2,200
1,600
10,942
9,243| |**Other**
Plant and machinery
**Support costs**
**Finance**
Bank charges|86,253
81,761
433
577
220
147| This page does not form part of the statutory financial statements Page 16 **OPEN AIR CAMPAIGNERS (GB)** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024** |**Finance**
**Governance costs**
Accountancy costs
Charity admin costs
National account manager fees|2024
2023
£
£
1,710
1,710
-
175
2,459
3,532| |---|---| ||4,169
5,417| |Total resources expended|91,075
87,902| |**Net income/(expenditure) before gains and**
**losses**
**Realised recognised gains and losses**
Realised gains/(losses) on fixed asset
investments|6,324
(12,207)
410
1,529| |**Net income/(expenditure)**|6,734
(10,678)| This page does not form part of the statutory financial statements Page 17