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2024-09-30-accounts

Annual Report and Financial Statements for the Year Ended 30 September 2024

Befriended

Charity registration number: 1175623

Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF

BEFRIENDED

CONTENTS

Reference and Administrative Details 1
Trustees' Report 2 to 13
Independent Examiner's Report 14
Statement of Financial Activities 15
Balance Sheet 16
Notes to the Financial Statements 17 to 25

BEFRIENDED

REFERENCE AND ADMINISTRATIVE DETAILS

Trustees Rev William Kemp Stuart Millar (resigned 9 July 2024) Gail Millar Diane Watts Nicholas Baldwin (resigned 4 November 2024) David Chewter George Baxter Julia Crook (appointed 10 February 2024) Chris Wyles (appointed 5 April 2024) Charity Registration 1175623 Number Principal Office Spiresview 9 Maude Singer Way Hurstpierpoint West Sussex BN6 9GF Independent Examiner G W Schulz FCMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF Bankers CAF Bank 25 Kings Hill Avenue Kings Hill West Mailing Kent ME19 4JQ The Co-operative Bank Business Customer Services PO Box 250 Skelmersdale WN8 6WT

Page 1

BEFRIENDED

TRUSTEES' REPORT

The trustees present the annual report together with the financial statements of the charity for the year ended 30 September 2024.

Structure, governance and management

Nature of governing document

The charity was established as a Charitable Incorporated Organisation on 8 November 2017.

Recruitment and appointment of trustees

The management of the charity is the responsibility of the Trustees who are co-opted by the existing trustees.

Every Trustee must:

a. Have a faith in the Lord Jesus Christ

b. Be over 16 years old

There must be a minimum of 3 Trustees and a maximum of 12.

Organisational structure

Befriended is a Charitable Incorporated Organisation, governed by a board of trustees who meet regularly to guide the vision and safeguard the values of the charity. Day-to-day operations are led by Chief Executive Officer Gail Millar, supported by a passionate team of volunteers, staff, and community partners.

Risk management

The trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

Objectives and activities

Objects and aims

The objects of the charity are to:

  1. Advance the Christian faith

  2. To promote social inclusion for the public benefit by preventing people from becoming socially exduded, relieving the needs of those people who are socially excluded and assisting them to integrate into society through a befriending/care service.

Public benefit

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Page 2

BEFRIENDED

TRUSTEES' REPORT (CONTINUED)

Achievements and performance

This year, more than ever, has been one of growth, resilience, and impact. As we reflect on the past 12 months, we are overwhelmed with gratitude for all that has happened. From launching new services to deepening relationships with local partners, welcoming new volunteers, and receiving national recognition — the journey of Befriended has continued to unfold in beautiful and unexpected ways.

What drives everything we do is simple: listening to those we serve. Each new initiative has been born from the needs and stories of our clients and community. And through it all, we’ve seen lives transformed, hope rekindled, and loneliness met with lasting friendships.

Our Vision: To see an end to loneliness and isolation among older people in Mid Sussex.

Our Mission: To reach, value, and befriend older people and the isolated, showing them God’s love in practical and personal ways.

What We Offer:

Highlights of 2023–2024

Page 3

BEFRIENDED

TRUSTEES' REPORT (CONTINUED)

New Services Launched

Compassionate Conversations – A Transformational Journey

Born from a dream, Compassionate Conversations became one of Befriended’s most impactful tools.

In response from a conversation in a care home with two very lonely gentlemen who had both lost their wives, the need was recognised for people to have a safe, simple and structured way to talk about their bereavement with others who knew and understood their experience.

Delivered in small groups, this gentle and beautiful programme invites people to talk about their loss and bereavement through two facilitated conversations each week for three weeks. Each week takes you through the process of grief culminating in a place of hope, purpose and a future to look forward too.

In 2024, we became finalists and won a place on the Cinnamon Network Incubator Programme , gaining national recognition and development support.

“I’ve been in a black hole for 3 years… now I have hope again.”

“This course has changed the trajectory of my life.”

“My heart was full of rain and now it is full of sunshine.”

“After 25 years of pain, I finally feel I’ve been able to talk — and begin to let go.”

Page 4

BEFRIENDED

TRUSTEES' REPORT (CONTINUED)

Chaplaincy Ministry

Faith remains central to all that we do at Befriended. Our chaplaincy work brings spiritual care, prayer, and Communion to those who may otherwise feel forgotten.

“Today I felt God love and peace for the first time in years.”

Befriended Community Choir – a place where we sing for joy

This year, the Befriended Community Choir has grown not only in number but in relationships, it has become a place to belong, a vibrant expression of joy, and where everyone has value to contribute.

Led weekly by our brilliant choir leader, the group includes guests from across Mid Sussex, a number of whom are living with dementia or mobility challenges. Every session is filled with welcome, encouragement, and music that lifts the soul.

Guests regularly tell us it’s the highlight one of their week. It brings movement, memory, laughter, and most of all — friendship.

“We’re all in this together. Some of us have forgotten a few words, but we haven’t forgotten how to sing.”

“I thought dementia meant giving up the things I loved. Then I sang a solo.” “This choir has brought my voice back — and more than that, it’s brought me life again.”

The choir has become a space of surprising healing. Even those who arrive in silence find their voices again — sometimes through tears, sometimes through laughter, always through song.

We’ve welcomed visits from local schools and nurseries, turning our rehearsals into intergenerational joy. Children sit among guests, listen with wonder, and even join in. These shared moments are some of the most treasured:

“The children were wonderful and so talented.”

“They didn’t treat us like old people — they treated us like friends.”

In July we were invited to sing at the local village fair. A Local counsellor said “your choir were fantastic, it was great to see how you have brought people together and given them a purpose, well done!”

The choir has also been the start of something deeper. Guests have created a whats app group, formed friendships, joined tea parties, and supported one another. It’s more than a singing group — it’s a community. One guest who had been poorly and unable to attend received a recorded song form the choir and she said ““Oh my goodness everyone that was just the nicest thing ever done for me thank you so much for singing so beautifully for me, you have lifted my spirits”.

“Our whats app group is like having family in your pocket.”

Page 5

BEFRIENDED

TRUSTEES' REPORT (CONTINUED)

And perhaps most beautifully, one guest said: “I’ve always loved music. I never thought I’d sing again. But here I am — not just singing, but smiling.”

Events and Outings

Moments of joy and togetherness have been at the heart of our year.

Bus trips to Chichester, Wakehurst, Worthing, and other beautiful locations

A Day trip to Chichester theatre to see Oliver via stopping for a picnic lunch at a Church in Arundel.

“Such a wonderful day, unforgettable, everything was just perfect” says a new befriendee.

“Wow, the whole day was brilliant from beginning to end, I never get to leave Hurstpierpoint often now so today was so special. Thank you” D

“Thank you for giving us a most enjoyable day, from being picked up from my door to being dropped off, everything was laden with love” C

A bus trip to see Oliver at the Theatre

A walk around Wakehurst

Page 6

BEFRIENDED

TRUSTEES' REPORT (CONTINUED)

Holiday at Home was launched in response to so many of our clients saying the long holidays are the hardest time of the year for them, so many activities close down. So in response we welcomed dozens to a 3-day celebration with garden games, music, food and fun

A says, "you have given me the best day I can remember since loosing my husband”. P says, "the hardest part of the day was leaving".

M says, "today was full of love care, laughter, friend, fun, food and was fantastic. G says, "today was second to non”.

J says, "I never thought I would ever feel joy like I have today ever again”. Numerous said “Please can you do this again, we would love it every holiday”.

Holiday at home – fun, exercise, music, games, food, friendship, laughter, sunshine

Intergenerational tea party with students from Worth School, outing to Glow Wild

Monthly Tea parties

Befriended monthly tea parties are a beautiful Befriended expression of hospitality, joy, community, welcome, love, care and laughter.

Our monthly tea parties have continued to be one of the most beloved and joy-filled parts of Befriended’s work. Held throughout the year on Sunday afternoons because according to a survey conducted by Re-engage revealed that 76% of older individuals identified

Page 7

BEFRIENDED

TRUSTEES' REPORT (CONTINUED)

Sunday as their most isolating day . We provide an afternoon where everyone is welcome, they receive so much more than tea and cake, we offer friendship and belonging.

Each table is beautifully laid with flowers and treats. Volunteers serve with love. There’s always music, quizzes, birthday celebrations, entertainment, laughter, and conversation. Befriended Briefs (short, informative talks) have also become a highlight — covering everything from tech help, wellbeing advice to legal advice, always delivered with compassion and clarity. Guests enjoy delicious home-baked cakes, freshly made sandwiches and scrumptious home made scones with cream and jam.

There is also often a moment to remember others not well or unable to be with us, some quiet reflection, or prayer.

“This is my family now.” “When I come to the tea parties, I remember I matter to someone.”

“It’s the only place I go where I feel completely safe and seen.”

“The tea parties is a place full of smiles.”

“My wife passed away and I didn’t know what to do with myself. I was so nervous the first time I came but now, I come every month.”

“You remember my name, and that means more than you know.”

One guest told us, “I wake up on tea party days with a reason to get dressed. That might sound small — but to me, it’s everything.”

Volunteers often say they receive as much as they give. It's not about roles — it's about relationships. Whether pouring tea, sharing stories, or simply sitting beside someone, the atmosphere is one of friendship.

Page 8

BEFRIENDED

TRUSTEES' REPORT (CONTINUED)

Our amazing team of volunteers to make all the sandwiches and cakes etc every month

Growth Across the Board

Recognition & Media

Page 9

BEFRIENDED

TRUSTEES' REPORT (CONTINUED)

Social Media and Community Engagement

“I saw your post at Christmas and picked up the phone. I didn’t want to burden my kids. You were my lifeline.”

Befriended has a visible presence in the community, our clients love to support us at any event

Community Connection

Page 10

BEFRIENDED

TRUSTEES' REPORT (CONTINUED)

Students from worth School at a craft event making lanterns together with our clients

Real Stories, Real Impact

“Today was the best day since I lost my husband.” – Holiday at Home attendee

“I never thought I’d sing again. Then I sang a solo.” – Choir guest with dementia

Volunteer Growth and Training

This year we had over 18,000 volunteer hours given across all our activities. We saw a strong increase in volunteer numbers and deep investment in their support.

“I feel equipped, confident, and excited to serve. The training made all the difference.” – Volunteer

Page 11

BEFRIENDED

TRUSTEES' REPORT (CONTINUED)

Financial Review

This year, Befriended remained in a stable and healthy financial position, thanks to the generosity of our funders, donors, churches, and community partners. At the end of the last financial year we received a legacy which had a huge impact on the Charities financial situation.

Key highlights:

We maintain a strong reserve position, and our transition to online banking has improved transparency and efficiency in financial reporting.

Plans for the Future

Looking ahead to 2024–2025, our focus will be on sustainability and expansion — responding to the growing need and increased demand across our community.

Our goals:

Page 12

BEFRIENDED

TRUSTEES' REPORT (CONTINUED)

Statement of Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees 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.

The annual report was approved by the trustees of the charity on 21 May 2025 and signed on its behalf by:

George Baxter

......................................... George Baxter Trustee

Page 13

BEFRIENDED

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BEFRIENDED

I report to the trustees on my examination of the accounts of Befriended for the year ended 30 September 2024.

Responsibilities and basis of report

As the charity trustees of Befriended 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 Befriended's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the 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:

  1. accounting records were not kept in respect of Befriended as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting 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.

...................................... G W Schulz FCMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF

21 May 2025

Page 14

BEFRIENDED

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2024

Note
Unrestricted
funds
£
Income and Endowments from:
Donations and legacies
2
55,403
Investment income
3
8
Total income
55,411
Expenditure on:
Charitable activities
4
48,007
Total expenditure
48,007
Net
income/(expenditure)
7,404
Net movement in funds
7,404
Reconciliation of funds
Total funds brought
forward
43,677
Total funds carried
forward
11
51,081		 Restricted
funds
£
32,410
-
32,410
34,589
34,589
(2,179)
(2,179)
6,252
4,073		 Total
2024
£
87,813
8
87,821
82,596
82,596
5,225
5,225
49,929
55,154		 Total
2023
£
86,267
47
86,314
60,617
60,617
25,697
25,697
24,232
49,929

The notes on pages 17 to 25 form an integral part of these financial statements. Page 15

BEFRIENDED

BALANCE SHEET AS AT 30 SEPTEMBER 2024

Note
Fixed assets
Tangible assets
7
Current assets
Debtors
8
Cash at bank and in hand
Creditors: Amounts falling due within one year
9
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
11		 2024
£
1,267
1,267
4,852
50,058
54,910
(1,023)
53,887
55,154
4,073
51,081
55,154		 2023
£
-
-
2,563
47,968
50,531
(602)
49,929
49,929
6,252
43,677
49,929

The financial statements on pages 15 to 25 were approved by the trustees, and authorised for issue on 21 May 2025 and signed on their behalf by:

George Baxter

......................................... George Baxter Trustee

The notes on pages 17 to 25 form an integral part of these financial statements. Page 16

BEFRIENDED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Befriended meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) 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.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Gift aid

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

Page 17

BEFRIENDED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Tangible fixed assets

Individual fixed assets costing £1,000 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Computer equipment

Depreciation method and rate 33% on cost

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered.

Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Liabilities

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Page 18

BEFRIENDED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2 Income from donations and legacies

Donations and legacies;
Donations
Legacies
Gift aid reclaimed
Grants, including capital
grants;
Grants		 Unrestricted
funds
General
£
39,946
-
2,457
13,000
55,403		 Restricted
funds
£
-
-
-
32,410
32,410		 Total
2024
£
39,946
-
2,457
45,410
87,813		 Total
2023
£
22,372
42,000
2,395
19,500
86,267

3 Investment income

Unrestricted
funds
General
£
Interest receivable and similar income;
Interest receivable on bank deposits
8		 Total
2024
£
8		 Total
2023
£
47

Page 19

BEFRIENDED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)

4 Expenditure on charitable activities

Note
Events
Venue hire
Advertising/Promotional
Postage, printing
& stationery
Equipment and
computer
Telephone
Insurance
Subscriptions
Travel
Professional fees
Training
Sundry expenses
Bank charges
Independent
examination
Depreciation,
amortisation and
other similar
costs
Staff costs
6		 Unrestricted
funds
General
£
17,344
2,352
2,084
2,076
1,682
242
411
216
25
1,421
-
361
60
660
633
18,440
48,007		 Restricted
funds
£
2,410
-
-
-
-
-
-
-
-
1,252
-
-
-
-
-
30,927
34,589		 Total
2024
£
19,754
2,352
2,084
2,076
1,682
242
411
216
25
2,673
-
361
60
660
633
49,367
82,596		 Total
2023
£
11,060
-
598
2,083
2,733
229
397
144
-
3,475
455
382
203
600
-
38,258
60,617

5 Trustees remuneration and expenses

Gail Millar, a trustee, received remuneration of £45,476 as CEO of the charity (2023: £34,571) and benefits in kind in the form of pension payments of £1,364 (2023: £1,037).

The accountancy practice owned by a trustee, Mr N Baldwin, provided professional services during the year amounting to £676 (2023: £178).

The only other payments made to the trustees, or any person connected with them, consisted of reimbursements of expenditure incurred on behalf of the charity in furthering the charity's objects.

Page 20

BEFRIENDED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)

6 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Pension costs		 2024
£
47,976
1,391
49,367		 2023
£
37,221
1,037
38,258

The monthly average number of persons (including senior management team) employed by the charity during the year expressed as full time equivalents was as follows:

Staff
7 Tangible fixed assets
Cost
At 1 October 2023
Additions
At 30 September 2024
Depreciation
At 1 October 2023
Charge for the year
At 30 September 2024
Net book value
At 30 September 2024
At 30 September 2023		 2024
No.
2
Computer
equipment
£
2,948
1,900		 2023
No.
2
Total
£
2,948
1,900
4,848
2,948
633
3,581
1,267
-
4,848
2,948
633
3,581
1,267
-

Page 21

BEFRIENDED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)

8 Debtors

8 Debtors
Accrued income
Other debtors		 2024
£
4,852
-
4,852		 2023
£
2,395
168
2,563

9 Creditors: amounts falling due within one year

9 Creditors: amounts falling due within one year
Other taxation and social security
Other creditors
Accruals		 2024
£
-
363
660
1,023		 2023
£
2
-
600
602

10 Pension and other schemes

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to - £1,391 (2023 £1,037).

Contributions totalling £363 (2023 - £Nil) were payable to the scheme at the end of the year and are included in creditors.

Page 22

BEFRIENDED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)

11 Funds

Current year
Unrestricted funds
General
General Funds
Designated
Designated fund
Total unrestricted funds
Restricted funds
Events fund
Staff fund
Befriended Balance fund
Total funds		 Balance at
1 October
2023
£
1,677
42,000
43,677
-
5,000
1,252
6,252
49,929		 Incoming
resources
£
55,411
-
55,411
2,410
30,000
-
32,410
87,821		 Resources
expended
£
(48,007)
-
(48,007)
(2,410)
(30,927)
(1,252)
(34,589)
(82,596)		 Balance at
30
September
2024
£
9,081
42,000
51,081
-
4,073
-
4,073
55,154

Page 23

BEFRIENDED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)

Prior year
Unrestricted funds
General
General Funds
Designated
Designated fund
Total unrestricted
funds
Restricted funds
Staff fund
Bus trip fund
Blankets fund
Befriended Balance
fund
Total funds		 Balance
at 1
October
2022
£
19,232
-
19,232
5,000
-
-
-
5,000
24,232		 Incoming
resources
£
18,471
42,000
60,471
16,000
1,835
4,008
4,000
25,843
86,314		 Resources
expended
£
(35,976)
-
(35,976)
(16,000)
(1,850)
(4,043)
(2,748)
(24,641)
(60,617)		 Transfers
£
Balance
at 30
September
2023
£
(50)
1,677
-
42,000
(50)
43,677
-
5,000
15
-
35
-
-
1,252
50
6,252
-
49,929

Page 24

BEFRIENDED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)

12 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets
Current assets
Current liabilities
Total net assets		 Unrestricted funds
General
£
Designated
£
1,267
-
8,837
42,000
(1,023)
-
9,081
42,000
Unrestricted funds
General
£
Designated
£
2,279
42,000
(602)
-
1,677
42,000		 Restricted
funds
£
-
4,073
-
4,073
Restricted
funds
£
6,252
-
6,252		 Total funds
at 30
September
2024
£
1,267
54,910
(1,023)
55,154
Total funds
at 30
September
2023
£
50,531
(602)
49,929

Page 25