Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2024 for Raise Your Hands
Green Accountancy Limited Windrush House Windrush Park Road Witney Oxfordshire OX29 7DX
COMPANIES HOUSE REGISTRATION NUMBER: CE011465
REGISTERED CHARITY NUMBER: 1174956
Contents of the Financial Statements for the Year Ended 31 December 2024
| Page | |
|---|---|
| Report of the Trustees | 1 to 10 |
| Independent Examiner's Report | 11 |
| Statement of Financial Activities | 12 |
| Balance Sheet | 13 |
| Statement of Cash Flows | 14 |
| Notes to the Financial Statements | 15 to 22 |
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).
Raise Your Hands CIO is a Charitable Incorporated Organisation whose only Members are the Trustees. The objectives of the charity and the powers of the Trustees are set out in the Constitution.
The Trustees are responsible for keeping proper accounting records which disclose the financial position of the charity with reasonable accuracy at any time and enable them to ensure that the accounts comply with the Companies Act 2006.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Charity Objects
Raise Your Hands runs innovative activities in order to support small charities working with children and young people in the UK.
The object of the CIO is the promotion of the efficiency and effectiveness of small charities for the public benefit, primarily but not limited to charities benefiting and working with young people, by means of providing grants and other support and advice.
The Trustees confirm they have had due regard to the Charity’s Commission’s guidance on public benefit when planning the charity’s activities and setting policies for the year.
The Trustees have delegated day-to-day management of the charity to the CEO, Slaney Wright, and the rest of the staff team.
Trustee recruitment
The board conducts regular skills audits of its members and uses this information to create a role description and person specification for any new Trustees. In 2024 this was circulated amongst Raise Your Hands donors, supporters, charities, and other networks with the result of recruiting Rossa Shanks to join the board.
Potential Trustees will be asked to submit a simple application statement and meet with the CEO and Chair of Trustees before attending one meeting as an observer.
If both the board and individual agree to proceed, a resolution is passed.
Induction and training of Trustees
Before starting in the role new Trustees are given an induction pack which includes:
-
Charity Commission’s ‘Essential Trustee’ document
-
Raise Your Hands Constitution (our governing document)
-
Latest copy of Strategic Plan and Theory of Change
-
Most recent set of accounts
-
Grant-making and Reserves Policy
-
Risk Register
Page 1
All new Trustees complete a ‘fit and proper person’ form and a conflict-of-interest declaration. The latter is reviewed annually.
New Trustees meet all key staff individually to learn more about the workings of the organisation.
Trustees are regularly offered opportunities to visit the charities we support, take part in relevant training and meet with operational staff.
Risk management
The board and executive collaborate to develop a risk register for the organisation that identifies the key risks to the organisation and future/ongoing actions that mitigate against those risks.
Trustees checks in on progress against those mitigation actions at every meeting and review the risk register annually (both risks listed and the ratings of those risks).
Renumeration
The board conduct a formal salary review annually. Raise Your Hands runs a salary review every year but this doesn't equate to a salary increase every time. Salary reviews take place at the same time as budget approval for the following year.
Trustees are asked to consider the current salaries for the existing team and make a recommendation for whether each salary should increase and by how many percentage points.
Trustees consider the following when making this decision:
-
Changes made the previous year
-
Current financial health of the organisation
-
Norms within the charity sector
-
Inflation rates at the time
-
Impact of external events (previous examples include the C19 pandemic and cost-of-living crisis)
-
Any shifts in workloads and responsibilities
Page 2
g Yetta.Rai ~~ee~~ STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its Constitution (amended October 2020) and constitutes a Charitable Incorporated Organisation (CIO).
Registered CIO number
CE011465 (England and Wales)
Registered Charity number
1174956
Registered office
c/o Bowmer & Kirkland 21 Conduit Street London W1S 2XP
Trustees
Christopher Kirkland (Chair) Hannah Baker (resigned 3 March 2025) Nicholas Burlington Federica Cucè Buehlmann Adam Lawrenson Rossa Shanks (appointed 5 September 2024)
Independent Examiner
David Wilsdon FCCA Association of Chartered Certified Accountants Green Accountancy Limited Windrush House Windrush Park Road Witney Oxfordshire OX29 7DX
Bankers
Barclays Bank UK PLC 1 Churchill Place London E14 5HP
28/10/2025
Approved by order of the board of Trustees on ............................................. and signed on its behalf by:
Chrictopher Kirkland
.................................................. Mr C Kirkland – Chair of Trustees
Page 3
~~SSS~~ OUR CHARITY PLATFORM’S PERFORMANCE
This report describes our own organisation’s progress. We have produced two separate documents that chart the progress of the charities we support:
-
Raise Your Hands - Charity Insights
-
Raise Your Hands - Impact Data Report
Both are available on request
~~eee~~ OBJECTIVES AND ACTIVITIES
At Raise Your Hands, we believe that all children and young people deserve to thrive and that across the UK, small charities are instrumental in improving young lives.
Our mission is to amplify the impact that the most effective small charities are able to have on children and young people. We do this by giving people and companies innovative ways to support them.
There are some people and companies that Raise Your Hands is able to engage with in ways that a small charity cannot on their own. We have built a team of experts in marcomms, account management and charity due diligence to deliver the five key streams of our work:
-
Gathering evidence of charity impact
-
Curating the charity platform as a single donor opportunity
-
Building relationships with donors
-
Running employee engagement activities and other elements of Dot Impact
-
Putting on innovative fundraising events (namely, Midnight Madness)
-
Sharing our expertise
More about Dot Impact
Companies taking part in Dot Impact donate to the charity platform. We then bring their charitable giving to life with robust data and engaging storytelling; helping to build a social cause within the company and beyond. We work together to design a programme of events and volunteering to get staff engaged more directly. In 2024 all of our existing Dot Impact companies renewed their support and we gained a new company – Stenham Asset Management
More about Midnight Madness
Our leading source of income was, once again, our flagship event, Midnight Madness - an overnight corporate team challenge that involves escape room style puzzles, immersive theatre and access to extraordinary sites across London. In 2024 we saw Midnight Madness raise the highest amount to date.
More about our influencing work
Where we can, we deliver messages around three key areas:
-
Represent unsung heroes - redirecting support towards where it will maximise impact
-
Reform the sector - increasing the efficiency of how grant funding operates
-
Bump the dial - increasing the slice of the pie going towards philanthropy
More about the charity platform
All charities joining our platform have the following things in common:
-
Turnover of less than £1.5m and more than £150,000
-
Operate in the UK
-
Work primarily with children and young people
-
Have evidenced the need for their work
-
Can effectively demonstrate the impact they have
-
Led by capable, committed leaders who have a strategic mindset
-
Have robust systems and governance
Page 4
In 2024, our platform grew to include 16 of the UK’s most impactful small charities working in this space.
Three new charities joined the platform in 2024: Beleve, Our Time and Happy Baby Community (Street Doctors then joined in 2025 bringing the platform total to the current 17 listed here):
Page 5
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~~SS~~ ACHIEVEMENTS AND PERFORMANCE
This year, our donation income was similar to last year - we received a total of £849,554 (2023: £825,249)
2024 breakdown of donation income
----- Start of picture text -----
In kind and Misc
donated goods
Individuals
Support from
individuals, including
some large donations
from high-net-worth
individuals, totalled
£105,807 in 2024 (2023:
£141,226)
Midnight
Madness
Midnight Madness was a
huge success, raising the
Dot Impact largest amount to date
with £763,000 pledged.
Due to the timing of donations,
£575,973 of this arrived in
Dot Impact income rose in 2024
2024 (2023: £568,093)
from £63,034 (2023) to £138,396.
----- End of picture text -----
The board extend special thanks to Marshall Wace, Stenham Asset Management, Lumyna Investments and MV Credit for renewing their involvement with Dot Impact this year.
The Trustees were delighted to be able to grant the highest ever amount to the platform this year- £552,000.
One measure the board uses to track the organisation’s progress is the ‘leverage ratio’ – the value added to the platform due to Raise Your Hands’ activity. Within 2024, the running costs of Raise Your Hands stood at £179,862 and the organisation generated a value to the charity platform of £682,695 (£552,000 in direct grants, £105,000 as a contribution to reserves held for future grants and £25,695 worth of goods donated). This gives a ratio of £3.80 value to the platform for every £1 spent on Raise Your Hands itself.
Page 7
2024 in context of growth
Looking back over recent years, we are proud that, since 2021, we have grown the size of the platform by 45% (from 11 charities to 16) and the size of the grant received by each charity has more than doubled - growing by 130% (from £15,000 in 2021 to £34,500 in 2024).
In 2024 we passed the milestone of having directed more than £3m to our charities since we were founded:
----- Start of picture text -----
Total funds directed to
platform of charities
Grants out since 2015
Grants held in reserves
Brokered and in-kind since 2021
----- End of picture text -----
£2,567,000 has been given out directly as grants
£480,000 – Standing by the charities in the long term is important to us so we now hold a year's worth of grants in reserve. This policy was tested during the pandemic when our own income drastically reduced but the charities experienced no drop in the level of our support. We are pleased to have rebuilt reserves since then.
£207,489 - In 2021 we started tracking the value of non-financial support we generate for the platform as well as donations made directly to a charity on our recommendation. (see below for this year’s breakdown of brokered and inkind support)
Breaking this £3m+ down year-by-year shows the significant growth in Raise Your Hands’ impact over recent years:
----- Start of picture text -----
Funds directed to platform over time
£700,000
£600,000
£500,000
£400,000
|_| Contribution to reserve fund
for grants
£300,000
| Brokered and in-kind gifts
£200,000
|| Granted direct to platform
£100,000
£0
----- End of picture text -----
----- Start of picture text -----
.
----- End of picture text -----
Page 8
Brokered and in-kind donations breakdown
As described above and shown in the financial statements below, Raise Your Hands has initiated support from people and companies who, having engaged with us, chose to support charities on our platform. In 2024 this support was worth £25,695.
| Brokered and in-kind donations breakdown-kind donations breakdownkind donations breakdown As described above and shown in the financial statements below, Raise Your Hands has initiated support from people and companies who, having engaged with us, chose to support charities on our platform. In 2024 this support was worth £25,695. |
Brokered and in-kind donations breakdown-kind donations breakdownkind donations breakdown As described above and shown in the financial statements below, Raise Your Hands has initiated support from people and companies who, having engaged with us, chose to support charities on our platform. In 2024 this support was worth £25,695. |
Brokered and in-kind donations breakdown-kind donations breakdownkind donations breakdown As described above and shown in the financial statements below, Raise Your Hands has initiated support from people and companies who, having engaged with us, chose to support charities on our platform. In 2024 this support was worth £25,695. |
Brokered and in-kind donations breakdown-kind donations breakdownkind donations breakdown As described above and shown in the financial statements below, Raise Your Hands has initiated support from people and companies who, having engaged with us, chose to support charities on our platform. In 2024 this support was worth £25,695. |
|---|---|---|---|
| Donor Charity Support Amount |
|||
| Inspire Various 460 wooden advent calendars £17,850 |
|||
| Monat Global Little Village Beauty products for mums living in poverty £5,000 |
|||
| Marshall Wace Chiva Christmas gifts £2,000 |
|||
| Lumyna Empire Fighting Chance Signed boxing glove for auction £400 |
|||
| Stenham Happy Baby Community Christmas gifts £338 |
|||
| Small Batch Various Ground coffee and vouchers £107 |
|||
| £25,695 |
~~|~~ PLANS FOR FUTURE PERIODS
We are working to improve the lives of 1m children and young people by 2030.
Raise Your Hands is part of an ecosystem of people and organisations that help make this happen. Our success within that ecosystem will be shown by two indicators.
-
Increased baseline core grant size year-on-year
-
Increased number of charities on the platform
Our Strategic Plan (to Dec 2025) has the following three objectives:
ONE: Deliver more impact
Maximise the real-life value of the funding we generate by ensuring the funds are going to exceptional organisations and coming from new donors that they are not already accessing. We aim to give in a way that fills the gaps left by dysfunctional grant making practice and with genuine added value in terms of non-financial support.
TWO: Ensure the longevity and reliability of our support for the platform
Strengthen, and later diversify, our income streams
THREE: Build a strong foundation for growth
Improve Raise Your Hands’ brand awareness and increase audience size within our target sectors
Page 9
~ Raise ~~~~~~ FINANCIAL REVIEW
In 2024 the charity raised a total of £962,424 (2023: £869,069).
Charities on the platform can now expect a minimum grant of £30,000 each year. We will keep one year’s worth at this level in reserves. In order to pass as much as possible on to the platform, we will increase the actual size of grants to above this level whenever possible. We aim to give core grants of £35,000 in 2025.
We donated £552,000 to our charity platform this year, a 26% increase on the 2023 amount (£437,360).
16 charities received £34,500 each from Raise Your Hands in 2024. This was made up of 16 baseline grants of £30,000 and additional grants of £4,500 each following a successful end of year.
The results for the period are shown in the statement of financial activities on page 12.
The fundraising expenses were £196,690 (2023: £179,674). The running costs for Raise Your Hands increased to include one new hire and absorb the rise in general costs; totalling £179,862 (2023: £157,005).
Restricted reserves held at the end of the period totalled £90 (2023: £152,823).
The result for the period ended 31 December 2024 was a surplus of £7,907, bringing unrestricted reserves to £581,054.
Reserves policy
In order to stand by their commitment to provide sustainable funding to the platform charities, the Trustees will set aside one year’s worth of minimum core grants in reserves. This is set at £30,000 for each charity on the platform.
Additionally, in order to safeguard the financial sustainability of the Charity, the Trustees have decided to allocate three months’ worth of staff-related operating costs to the reserves. These operating costs are currently made up of salaries and related HMRC and pension contributions. We also aim to provide a buffer of £10,000 for direct debit payments and any other unforeseen costs.
Once reserves have been allocated, should the remaining unrestricted reserves fall below or go above the ideal amount by more than 15%, the Trustees will take steps to adjust predicted expenditure and/or income in order to bring reserves closer to the level stated in this policy.
2024 reserves position
| 2024 reserves position | 2024 reserves position |
|---|---|
| Ideal level of reserves | |
| One year of minimum grants for 16 charities £480,000 |
|
| Staff costs for three months £51,000 |
|
| Buffer £10,000 |
|
| Total | £541,000 |
Our ideal level of reserves is £541,000. As there is no contribution to this from restricted reserves, all of this will be covered by the unrestricted reserves of £581,054. As this is only 7% over the ideal level, the Trustees are satisfied that the reserves policy is being met and no further action is needed.
Page 10
g Rar ~~ee~~ INDEPENDENT EXAMINER’S REPORT TO THE TRUSTESS OF RAISE YOUR HANDS
Independent examiner's report to the Trustees of Raise Your Hands ('the Charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2024.
Responsibilities and basis of report
As the Trustees of the Charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
Having satisfied myself that the accounts of the Charity are not required to be audited and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACCA which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Charity as required by the 2011 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements 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 methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Carry Cote
Barry Coles FCCA Green Accountancy Limited Windrush House Windrush Park Road Witney Oxfordshire OX29 7DX
28/10/2025
Date: .............................................
Page 11
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | 2024 | 2023 | ||
| Note | £ | £ | £ | £ | |
| Incoming resources | |||||
| Donations | 3.1 | 543,211 | 306,343 | 849,554 | 825,249 |
| Trade activities (MM fees) | 3.2 | - | 66,000 | 66,000 | 42,500 |
| Other Income | 3.3 | 46,870 | - | 46,870 | 1,320 |
| Total Income | 590,081 | 372,343 | 962,424 | 869,069 | |
| Resources expended | |||||
| Grants to charities | 4.1 | - | 577,695 | 577,695 | 437,360 |
| Raising funds | 4.2 | 114,427 | 82,533 | 196,960 | 179,674 |
| Charitable activities - | |||||
| support costs | 4.3 | 32,992 | 146,870 | 179,862 | 157,005 |
| Total expenditure | 147,419 | 807,098 | 954,517 | 774,039 | |
| Net income/(expenditure) | 442,662 | (434,755) | 7,907 | 95,030 | |
| Transfers between funds | (282,022) | 282,022 | - | - | |
| Net movement in funds | 160,640 | (152,733) | 7,907 | 95,030 | |
| Reconciliation of funds: | |||||
| Total funds brought | |||||
| forward | 420,414 | 152,823 | 573,237 | 478,207 | |
| Total funds carried | |||||
| forward | 581,054 | 90 | 581,144 | 573,237 |
Page 12
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2024
| BALANCE SHEET | |||||
|---|---|---|---|---|---|
| 31 DECEMBER 2024 | Unrestricted | Restricted | Total | Total | |
| funds | funds | 2024 | 2023 | ||
| Note | £ | £ | £ | £ | |
| Current assets | |||||
| Debtors | 5 | 8,179 | - | 8,179 | 158,934 |
| Cash at bank and in hand | 6 | 580,006 | 90 | 580,096 | 512,680 |
| Total current assets | 588,185 | 90 | 588,275 | 671,614 | |
| Creditors: amounts falling due | |||||
| within one year | 7 | 7,131 | - | 7,131 | 98,377 |
| Net current assets/(liabilities) | 581,054 | 90 | 581,144 | 573,237 | |
| Total net assets | 581,054 | 90 | 581,144 | 573,237 | |
| Funds of the Charity | |||||
| Unrestricted funds | 8 | 581,054 | 581,054 | 420,414 | |
| Restricted income funds | 8 | 90 | 90 | 152,823 | |
| Total funds | 581,054 | 90 | 581,144 | 573,237 |
The financial statements were approved by the Board of Trustees and authorised for issue on: 28/10/2025
……………………………..
and were signed on its behalf by:
Christopher Kirkland
............................................................................. Mr C Kirkland – Chair of Trustees
Page 13
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024
| 2024 | 2023 | ||
|---|---|---|---|
| Note | £ | £ | |
| below | |||
| Cash flows from operating activities | |||
| Net cash from operating activities | A | 67,416 | 49,569 |
| Total increase /(reduction) in cash in period | 67,416 | 49,569 | |
| Reconciliation of net cash flow to movement in net debt | Reconciliation of net cash flow to movement in net debt | ||
| Total increase /(reduction) in cash in period | 67,416 | 49,569 | |
| Cash and cash equivalents brought forward | 512,680 | 463,111 | |
| Cash and cash equivalents carried forward | B | 580,096 | 512,680 |
| Notes to the Cash Flow Statement: | |||
| Note A:Reconciliation of net (outgoing)\incoming resources to net cash inflow from operating | Reconciliation of net (outgoing)\incoming resources to net cash inflow from operating | ||
| activities | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Net movement in funds | 7,907 | 95,030 | |
| (Increase) / decrease in Debtors | 150,755 | (119,919) | |
| (Decrease) / increase in Creditors | (91,246) | 74,458 | |
| Purchase of fixed assets | - | - | |
| Net cash from operating activities | 67,416 | 49,569 | |
| Note B:Analysis of changes in net funds | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Cash at bank | 580,096 | 512,680 |
Page 14
NOTES TO THE FINANCIAL STATEMETNS FOR THE YEAR ENDED 31 DECEMBER 2024
1. Basis of preparing the financial statements
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
-
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 with the Charities Act 2011
The charity is a Charitable Incorporated Organisation and constitutes a public benefit entity as defined by FRS 102.
2. Accounting policies
Income
-
Income is included in the Statement of Financial Activities (SoFA) when:
-
the charity becomes entitled to the resources;
-
it is more likely than not that the Trustees will receive the resources;
-
the monetary value can be measured with sufficient reliability.
Grants and donations
Grants and donations are included in the SoFA when the general income recognition criteria are met.
Tax reclaims on donations and gifts
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
Expenditure
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.
Donated goods, facilities and services
Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Where they cannot be measured reliably, they are described in the Trustees’ annual report.
Page 15
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024
Governance and support costs
Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Taxation
The charity registered as a charity on 3 October 2017 and since that date has been exempt from corporation tax on its charitable trading 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.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Liability recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Debtors
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 16
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024
| 3.1 | **Income from donations ** | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Dot Impact income | 5,753 | 132,643 | 138,396 | 63,034 | |
| Event income | 478,466 | 97,477 | 575,943 | 568,093 | |
| Gift Aid | - | - | - | 36,429 | |
| Donations from individuals | 57,582 | 48,225 | 105,807 | 140,636 | |
| Other donations | 1,410 | 1,053 | 2,463 | 7,907 | |
| Donations from trusts | - | 1,250 | 1,250 | 9,150 | |
| Gifts in kind and donated goods |
- | 25,695 | 25,695 | - | |
| Total donations | 543,211 | 306,343 | 849,554 | 825,249 | |
| 3.2 | Trade activities - Midnight Madness fees | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Midnight Madness fees | - | 66,000 | 66,000 | 42,500 | |
| Total income from trade | - | 66,000 | 66,000 | 42,500 | |
| 3.3 | Other income | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| YMBBT Ticket sales | 46,860 | - | 46,860 | - | |
| Other income | 3 | - | 3 | 1,319 | |
| Bank interest | 7 | - | 7 | 1 | |
| Total other income | 46,870 | - | 46,870 | 1,320 |
Page 17
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024
| 4.1 | Grant making | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Action for Conservation | - | 34,500 | 34,500 | 31,023 | |
| Become | - | 34,500 | 34,500 | 31,023 | |
| BelEve | - | 34,500 | 34,500 | - | |
| Children’s HIV Association (CHIVA) | - | 34,500 | 34,500 | 31,023 | |
| Create Arts | - | 34,500 | 34,500 | 31,023 | |
| Dandelion Time | - | 34,500 | 34,500 | 31,023 | |
| Empire Fighting Chance | - | 34,500 | 34,500 | 31,023 | |
| Football Beyond Borders | - | - | - | 17,630 | |
| Happy Baby Community | - | 34,500 | 34,500 | - | |
| Jessie May | - | 34,500 | 34,500 | 31,023 | |
| Kidscape | - | 34,500 | 34,500 | 31,023 | |
| Literacy Pirates | - | 34,500 | 34,500 | 13,393 | |
| Little Village | - | - | - | 31,023 | |
| Go Live Theatre Projects | - | 34,500 | 34,500 | 31,023 | |
| Our Time | 34,500 | 34,500 | - | ||
| Storybook Dads | 34,500 | 34,500 | 31,023 | ||
| Switchback | 34,500 | 34,500 | 31,023 | ||
| Wave Project | - | 34,500 | 34,500 | 34,061 | |
| Distribution of donated goods | - | 25,695 | 25,695 | - | |
| Total grant costs | - | 577,695 | 577,695 | 437,360 | |
| 4.2 | Raising funds | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Dot Impact costs | - | 7,533 | 7,533 | 12,314 | |
| Fundraising costs | 114,427 | - | 114,427 | 103,400 | |
| Midnight Madness costs | - | 75,000 | 75,000 | 75,000 | |
| Total expenditure on raising | |||||
| funds | 114,427 | 82,533 | 196,960 | 179,674 |
Page 18
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024
4.3 Charitable activities - expenditure
Raise Your Hands runs innovative activities in order to support small charities working with children and young people in the UK.
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | 2024 | 2023 | |
| £ | £ | £ | £ | |
| Charitable activities salary costs | - | 114,030 | 114,030 | 122,458 |
| Governance costs | 11,058 | - | 11,058 | 7,023 |
| Digital content costs | 225 | 13,747 | 13,972 | 1,384 |
| Graphic design | - | - | - | 966 |
| Insurance | 1,509 | - | 1,509 | 1,061 |
| Website | 5,325 | - | 5,325 | 6,151 |
| Payroll services | 904 | - | 904 | 1,096 |
| Bank fees | 5,834 | - | 5,834 | 2,731 |
| Office rent | 1,872 | - | 1,872 | 2,749 |
| Other support costs | 4,611 | - | 4,611 | 2,620 |
| Staff travel | 1,654 | 20 | 1,674 | 1,067 |
| Interest Paid | - | - | - | 89 |
| Consulting - development | - | 19,073 | 19,073 | 7,610 |
| Total expenditure on charitable | ||||
| activities | 32,992 | 146,870 | 179,862 | 157,005 |
Support costs
All support costs are allocated to the single charitable activity of the charity and are included above.
| 4.4 | Governance costs included above | Unrestricted | Restricted | Total | Total |
|---|---|---|---|---|---|
| funds | funds | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Accountancy Fees | 10,360 | - | 10,360 | 6,352 | |
| Independent Examiners Fee | 689 | - | 698 | 698 | |
| Total governance costs | 11,058 | - | 11,058 | 7,023 |
Page 19
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024
| 4.5 | Staff costs | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Salaries | - | 105,750 | 105,750 | 113,854 | |
| Employers National Insurance | - | 5,762 | 5,762 | 5,762 | |
| Pensions costs | - | 2,518 | 2,518 | 2,745 | |
| Total staff costs | - | 114,030 | 114,030 | 122,458 |
There are no staff working for the charity whose contracts are with or are paid by a related party. There were no ex-gratia payments made and no redundancy payments made. There are no staff working for the charity who were paid more than £60,000.
4.6 Staff numbers
| Average headcount in the year: | 2024 | 2023 |
|---|---|---|
| 3 | 4 |
4.7 Trustee Remuneration
None of the Trustees were remunerated during the year or the previous year. No Trustee expenses were paid during the year.
Page 20
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024
| 5 | Debtors | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Accounts receivable | - | - | - | 12,000 | |
| Other debtors (match donations) | - | - | - | 10,000 | |
| Other debtors | 3,792 | - | 3,792 | 882 | |
| Gift Aid owed from HMRC | 2,897 | - | 2,897 | 2,897 | |
| Prepayments/accrued income | 1,490 | - | 1,490 | 1,490 | |
| Total debtors | 8,179 | - | 8,179 | 158,934 | |
| 6 | Cash at bank and in hand | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Current Account | 580,006 | 90 | 580,096 | 512,680 | |
| Total cash at bank and in hand | 580,006 | 90 | 580,096 | 512,680 | |
| 7 | Creditors: amounts falling due within one year | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Accounts Payable | 2,127 | - | 2,127 | 57,195 | |
| Accruals | 698 | - | 698 | 1,671 | |
| PAYE and NI Payable | 3,740 | - | 3,740 | - | |
| Pensions Payable | 566 | - | 566 | 511 | |
| Income in Advance | - | - | - | 39,000 | |
| Total creditors due within one | |||||
| year | 7,131 | - | 7,131 | 98,377 |
Page 21
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024
8 Charity funds - current year
| Transfers | At 31 | ||||
|---|---|---|---|---|---|
| At 1 Jan | Incoming | Resources | between | Dec | |
| 2024 | resources | expended | funds | 2024 | |
| £ | £ | £ | £ | £ | |
| Restricted funds | |||||
| Grants - core | 58,926 | 305,869 | 584,864 | 220,069 | - |
| RYH charity support work (GSG US) | 93,897 | - | 146,850 | 52,953 | - |
| Dot Impact projects | - | 7,643 | 7,553 | - | 90 |
| Midnight Madness on the night | - | 66,000 | 75,000 | 9,000 | - |
| Total Restricted | |||||
| funds | 152,823 | 379,512 | 814,267 | 282,022 | 90 |
| Unrestricted funds | 420,414 | 590,081 | 147,419 | (282,022) | 581,054 |
| Total funds | 573,237 | 969,593 | 961,686 | - | 581,144 |
9 Charity funds – previous year
| Transfers | At 31 | ||||
|---|---|---|---|---|---|
| At 1 Jan | Incoming | Resources | between | Dec | |
| 2023 | resources | expended | funds | 2023 | |
| £ | £ | £ | £ | £ | |
| Grants - core | 185,761 | 235,665 | 362,500 | - | 58,926 |
| Midnight Madness on the night | - | 42,500 | 63,960 | 21,460 | - |
| Grants - appeal | 500 | 66,191 | 71,820 | 5,129 | - |
| RYH charity support work (GSG USA) | 110,590 | 136,473 | 153,166 | - | 93,897 |
| Dot Impact projects | - | 11,452 | 12,315 | 863 | - |
| Grants - ad-hoc | - | 2,972 | 3,038 | 66 | - |
| Total Restricted funds | 296,851 | 495,253 | 666,799 | 27,518 | 152,823 |
| Unrestricted funds | 181,356 | 373,816 | 107,240 | (27,518) | 420,414 |
| Total funds | 478,207 | 869,069 | 774,039 | - | 573,237 |
10 Related party disclosures
There have been no related party transactions in the reporting period that require disclosure.
Page 22
REFERENCE NUMBER
1B61DC81-B75F-4758-8F56-5F79C57C0039
SIGNATURE CERTIFICATE
TRANSACTION DETAILS DOCUMENT DETAILS Reference Number Document Name 1B61DC81-B75F-4758-8F56-5F79C57C0039 3950 Final Charity Accounts 31-Dec-24 Raise Your Hands 251024 Transaction Type Filename Signature Request 3950_Final_Charity_Accounts_31-Dec-24_Raise_Your_Hands_251024.pdf Sent At Pages 27/10/2025 09:18:42 AM +00 24 pages Executed At Content Type 28/10/2025 07:41:37 AM +00 application/pdf Identity Method File Size email 1.65 MB Distribution Method Original Checksum email 110e5285425e15d6c2943dd558352e9154f6a0a10f461783ff736966ce8dfc61 Signed Checksum
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