PEGASUS
(Registered Charity No. 1175685>
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

PEGASUS
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
CONTENTS
Page
Report of the Trustees
Report of the Independent Examiner
Slalement of Financial Aclivities (incorporaling Income and Expenditure Account)
Balance Sheet
Notes to the Financial Ststemenls
9-14

PEGASUS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees present their report and the financial statements of Pegasus ('the Charity" or 'the Trust'l for
the year ended 31 December 2023. The$e have been prepared in accordance with the accounting policies
set out on pages 9 - 11 and comply with the trust deed and applicable charity law. The comparative
information for the year ended 31 December 2022 was audited.
The financial statements comply with the Charities Act 2011 and where relevant, the Charities Act 2022,
Ihe Charity's trust deed dated 24 October 2017 and Accounting and Reporting by Charities-. Statement of
Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial
Reporting Standard 8pplicable in the UK 8nd Republic of Ireland issued in October 2019 ("Chartties SORP
(FRS 102).).
REFERENCE AND ADMINISTRATIVE DETAILS
Pegasus, registered ch8rty number 1175685, is based and administered in the United Kingdom.
The registered office is Eighth Floor. 6 New Street Square, London, EC4A 3AQ.
TrustfrOS'.
The names of the Trustees who served throughout the year and continue to serve at the date of the
report's approval are..
Emma Jeffrey
Samantha Engbarth
Jane Kenyon
Bankers:
Handelsbanken, 1 Cresswell Park, London, SE3 9RD
Inveslment Managers and Custodians:
Sarasin & Partners LLP, Juxon House. 100 St Paul's Churchyard, London, EC4M 8BU
Accountants:
Rawlinson & Hunter LLP
Eighth Floor, 6 New Street Square, New Fetter Lane, London, EC4A 3AQ
Independent Examiner:
Michael Foster FCCA. Rawlinson & Hunter LLP
Eighth Floor, 6 New Street Square, New Fetter Lane. London. EC4A 3AQ
STRUCTURE. GOVERNANCE AND MANAGEMENT
The Charity was established by a Declaration of Trust dated 24 October 2017 and registered with
the Charity Commission on 10 November 2017 as an unincorporated charitable trust govemed by
the proper law of England and Wales.
The entire resources of the Charity have been unrestricted throughout the year aThJ the Trustees
have complete discretion for the use of the funds in pursuance of the Charity s obje¢twes.

PEGASUS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT (continued)
The management of the Charity is conducted solely by the Trustees. The Trustees. investment
tXlW8rs are unr8Stricted. The Trustees shall hold at least ￿ meetings in each calendar year.
The number of Trustees shall be a mlnlmum of two at any one lime. Fulure Trustees may be
appointed by deed following a resolution of existing Trustee5. With the exception of the original
Trustees, each Trustee shall retire from after a term of three years. Retiring Trustees may be
re-appointed.
Induction and Training
Should new Trustees be appointed, a formal induction process will be conducted by the Tnjstees.
Other Trustee training is undertaken as and when appropriate. All Trustees are aware of their legal
duties and obligations in respect of the management of the Trust. including in relation to the
protection of its assels.
During the year one of the Trustees attended a certified Trustee training course offered by Sarasln
& Partners LLP.
The Trustees have signed fit and proper declarations in line with HMRC guidance.
Trustee$, Responslbllltles Ststement
The Trustees are responsible for preparing the Report of the Truslees and the financial stalemenls
in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom
Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial
statements for each financial year which give a true and fair view of the stale of affairs of the Charity
and of the incoming resources and application of reSoUr￿S of the Charity forthat wiod. In preparing
these financial statements. the Trustees are required lo..
select sutlable accounting policies and then apply them consistently..
obseNe the methods and principles in the Charities SORP (FRS 102).
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards have been followed. subject to any material
departures disclosed and explained in the financial statements. and
prepare the financial statements on the going concern basis unless r( Is inappropriate to
presume that the Charty will continue in operation.
The Trustees are responsible for keeping accounting records that disclose with reasonable accuracy
al any time the financial position of the Charity and enable them to ensure that Ihe financial
statements comply with the Charities Act 2011, where relevant the Charities Act 2022, the Charity
(Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also
responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.

PEGASUS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT {¢ontinu•d)
Intemal Controls
The Trustees have overall responsibility for ensuring that the Charity has appropriate systems of
internal controls. They are responsible for keeping proper accounting records which disclose wilh
reasonable accuracy at any time the financial position of ihe Charity and enable them to ensure that
the financial stalements follow best practlce and all applICab￿ law regu18tion and guidance.
The Truslees are also responsible for the Trust safeguarding its assets and for taking reasonable
steps for the prevention and detection of fraud and other irregularities.
The system of internal controls is designed to provide reasonable. but not absolute, assurance
against material misstatement or loss.
Rlsk Manag•m•nt
A risk assessment has been undertaken which comprises..
An annual review of the risks the Trust may face.,
The eslablishment of syslems and procedures to mitigate those risks- and
The implementalion of procedures designed to minimise any potential impact on the Charity
should those risks materialise.
This continkjing process will identify risk area8 to which the Charity is vulnerable and highlight any
necessary safeguards that will need to be put in place. No major risks were identified at the dat8 of
these financial statements.
In addition, the Trustees have taken due consideration of Good Govemance
A Code for the
Voluntary and Community Sector, ensuring that the seven main principles of the Code are adhered
to. These are..
Organisational purpose.,
Leadership.,
Integrity.,
Decision-making, risk and control.,
B08rd eff8cliven8SS'
Equality, diversity and inclusion., and
Openness and accessibility.
The Trustees re¢ognise that good governance play5 an essential part in securing the future of the
charty and confirm that the said main principles of the Code are followed by them in leading, directing
and managing the charity-
Fundraising
The Trustees have referred to the Code of Fundr8ising Practice I'the Code.) which was developed
by the fundraising community through the work of the Institule of Fundraising and Public FundTai5ing
Association, and the Guidance on Charities and Fundraising issued by the Charity Comrnission
{ CC20"). They confirm that the new Code and CC20 have no Impa￿ on Ihe Charity as it does not
engage in any public fundraising activities.

PEGASUS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT
The objectives of the Trust are to advance such charitable purposes (according to Ihe law of England
and Wales) as the Trustees see frt from time to time.
The Trust is established for general charitable purposes and will operate as a grant making charity.
supporting charitable projects, organisations and individuals with grants of varying sizes and
durations.
The Trustees must apply the income and 81 their discrelion all or part of the capital of the Charity in
promoting the objects in any part of the world as the Truslees may, at their discretion. think frt.
Grant Maklng Pollcy
The Trustees. grant making policy is to generally consider making donations by way of direct funding
and grants to charitable organisations. The recipient projects must be $68n as exclusively charitable
under English law. The Charity intends to put in place sound grant arrangements so that it can
properly select appropriate grantees and impose prudent terns on grants. including appropriate
moniloring and evaluation of the way in which funds are applied by grantees.
Statomont of Public Benèfit
The Trustees are aware of the Charity Commission guidance on Public Benefit and confim that they
have complied with the duty in Section 4 of the Charities Act 2011 to have due regard to il. They
consider the information which follows in this annual report. aboLrt the Trust's aims. activities and
achievements in the areas of interest that the Charity supports demonstrates the benefit lo ils
beneficiaries and through them to the Public. that arise from those a￿1Ville5.
ACHIEVEMENT AND PERFORMANCE
Charitable Activities
Dvring Ihe year ended 31 December 2023 the trustees made one new charitable grant of £20,000
and extended two existing commitments by a total of £4,000. 12022
pledged four new
committmenls tolalling £215,000} Additionally the trustees made payments of £80,000 towards
previously committed grants (2022- £50.000}. Note 4 to the Financial Statements lis15 the grantees.
The Trustees, grant making policies are set out in section 3 of this report.
Invostmonts
A summary of Ihe inveslment movements are set out in Note 6 of these financial slalements. The
inveslments are recorded in the Balance Sheet al their market values. Any realised profits or losses
on Iransactions carried out during the year, t(yJether with any unrealised increase or decrease in
individual value5 or costs established by the investment managers as at 31 DecEmbei 2023. are
recorded the Statement of Financial Activit18S.
The Trustees, aim is to increase the value of assets with an overall target of 30/y per annum ahead
of inflation, to be measured over rolling five-year periods, thereby preserving and growing their value.
Infiation is to be measured with reference to the UK Consumer Price Index.
The investment portfolio will be monitored and kept under review by the Trustees who t8ke advice
from the Investment Advisor. Full valuations and reports will be received from the Investment Advisor
relating to each calendar quarter 8nd these will be reviewed by the Trustees formally twice a year.
The TnJstees will sign off on any advice before a strategy is implemented.

PEGASUS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
ACHIEVEMENT AND PERFORMANCE <¢ontlnued)
During Ihe financial year ended 31 December 2023 the wrtfolios generated no realised gains or
k)sses12022- losses of£297,374) and appreciated by £314,655 (2022-depreciated by £229,326).
Invqstment inwme ft)r the year to 31 De￿mber 2023 tolalled £171.461 (2022 - £87,709).
FINANCIAL REVIEW
Incoming resources lolalled £171,46112022- £1,173,742). In 2023 there were no legacies received,
whilst in 2022 the Charity's income included a legacy of £1.086,033 from the estate of Mr P Jeffrey.
Charitable activities totalled £30,840 (2022 - £225,590) relating to charitable expenditure and support
costs incurred during the year. Governance costs relate to audit, independent examination and legal
fees.
The b81ance of unrestricted reserves at 31 December 2023 is £6,246,19212022 - £5.786,070).
In￿Stment Policy
The Charity's investment objective is to generate a capital appreciation to the Charity in line with the
lotal retum of the broader equty market over the loThJ term. after expenses. This should allow the
Charlty to m8inlain the ￿81 value of the assets, whllsl allowlng capital withdrawals to fund ils annual
expenditure. The Trustees have delegaled responsibility of the management of the wrtfolio to
Sarasin & Partners LLP.
Rosorves PoliGy
The Trustees have no outstanding commitments or cash demands which are nol adequately covered
by existing resourc8s. Th8 net assets of the Charity are regarded as free resejves and the funds al
31 December 2023 will be retained to make grants in accordance with the Charity's charitable
objects.
The Trustees may adopt a specific reserves wlicy in future years.
PLANS FOR THE FUTURE
The Trustees do not propose lo deviale from the current objectives and aclivities of the Charity as
delailed in section 3 of this report but wll further develop and refine their strategies, policies and
procedures in future.
Approved by the Trustfrfrs on 19 Septomb•r 2024
and signed on their behalf by:

PEGASUS
REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES
I report to the charity trustees on my examination of the accounts of Pegasus (Ihe charty") for thè year
ended 31 December 2023 which comprise Ihe Statement of Financial Activities. Balance Sheet and the
related rKJtes.
Rosponsibilities and basis of report
As the charitys trustees you are responsible for the preparats'on of the accounls in accordance with the
requirements of Ihe Charities Act 2011 ('the Act'}.
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and
in carying OLrt my examination I have followed 811 the applicable Directions given by the Charity
Commission under section 14515}Ibl of the Act.
Independent Examlner's statement
I have completed my examination. I confimi that no material matters have come to my attention in
connection with the examination giving me cause to believe thal in any material respect:
accounting records were not kept in respect of the ¢harity as required by section 130 of the Act,. or
2. the accounts do not accord with those records.. or
3. the accounls do not comply wth the applicable requirements concerning the fom 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
examinatlon.
I have no concerns and have come across no other matters in connection with the examination to whlch
attention should be drawn in this report in order to enable a proper understandlng of the accounts to be
reached.
Michael Foster FCCA
Chartered Certified Accountant and Independent Examiner
Rawlinson & Hunter
Eighth Floor
6 New Street Square
London
EC4A 3AQ
RAWLINSOI4
& HUNTER

PEGASUS
STATEMENT OF FINANCIAL ACTIVITIES
(Incorporatlng Income and Expendllur• Account)
FOR THE YEAR ENDED 31 DECEMBER 2023
Unreslricled Funds
Page
2023
2022
Income from:
Investments (note 21
Donalions (note 31
11
11
171,461
87,709
1,086,033
Total Sncome
171,461
1,173,742
Expondituro on:
Charilable activities Inole 4>
Raising funds- Investment management fees (note 5)
12
12
30,840
{4,846)
225,5
3,775
Total expenditure
25,994
229,365
Net gainsl{losses) on investment {nole 61
13
314,655
(526,701)
Net income
460.122
417,676
Net movernent in funds
460,122
417,676
Reconclliatlon of funds:
Funds brought forward at 1 January 2023
5,786,070
5,368,394
Total ￿ndS carrled forward at 31 December 2023
£ 6.246,192
£ 5,786,070
There are no recognised gains or losses in the years ended 31 December 2022 and 2023 other than those
included in the Statement of Financial Activities.
All incoming resources and resources expended derive from continuing activities.
The notes on pages 9 to 14 fomi part of these finan¢ial statements.

PEGASUS
BALANCE SHEET
AT 31 DECEMBER 2023
Unrestricted Funds
Page
2023
2022
Flxed assets-
Inveslmenls (note 6)
13
6,026,105
5.542.213
Current assets:
Cash at bank (note 7)
13
305,247
411,987
Curr•nt liabilitie5:
Creditors.. amounts falling due within one ye8r
(note 81
13
{65,1601
(88.130)
Net current assets
240,087
323,857
Total assets less current Ilabllllles
6,266,192
5,866,070
Creditors.. amounts falling due in more than one
year (note 9)
13
120,000)
180.000)
Total net assets
£6,246.192
£5,786,070
Th• funds of tha ¢harity
Unreslricled funds
6,246,192
5,786.070
Total charity funds
£6,246,192
£5,786,070
The financial statements were approved and authorised for issue by the Trustees and were signed on their
behalf by:
rustee Namel
Date
The notes on pages 9 to 14 fom part of these financi81 ststements.

PEGASUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES
General Infom)ation
Pegasus I'the Trusy, or'lhe Charity"} is a charity registered in England (charity number 1175685}-
The Trustees musl apply the income and al their discretion all or part of the capital of the Charily i
promoting the objects in any part of the world as the Trustees may, al their discretion, think fit.
The address of the registered office is given on page 1 of these financial statements.
Basls of accountlng
The financial statements h8ve been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to Charities preparing their accounts in
accordance wilh the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland
issued in October 2019, the Financial Retyjrting Standard applicable in the United Kingdom and
Republic of Ireland {FRS 102), the Charilies Act 2011, where relevant the Charities Act 2022, and
UK Generally Accepted Accounting Pradice.
The Charity conslilutes a public benefit entity as defined by FRS 102
The Charity has applied the provisions set out in FRS 102 as published in October 2019 and on that
basis does not include a Statement of C8shflow.
The significant accounting policies applied in the preparation of these financial statomenls are set
out below. These policies have been consistently applied lo all years presented unless otherwise
$tated.
In applying the flnancial reportSng framework, the Trustees are required to make a number of
subjective judgements, for example in respect of significant accounting estimates. Estimates and
judg&ments are conlinualty evaluated and are based on historical experience and other factors,
including expeclalions of future events that are believed lo be reasonable under the circumstances.
The nature of the estimation means the actual oulcomes could differ from those estimates. The
Trustees confirm that they have made no signfficant estimates and judgements affecting these
financial statements.
Incoming resources
For donations lo be recognised the Charity will have been notified of the amounts and the settlement
date in writing. If there are conditions attached lo the donation and this requires a level of
perfomance before entitlement can be obtained then income is deferred until those conditions are
fully met or the fulfilment of those conditions is within the control of the Charity 8nd it is probable that
they will be fulfilled.
For legacies. entitlement is the earlier of the Charity being notlfied of an Impending distribution or the
legacy being received. At ihis point income is recognised. On occasion legacies will be notified lo
the Charity however it is not possible lo measure the amount exp&cled to be distributed. On these
occasions. the legacy is treated as a contingent asset and dis¢losed.
Investment income is derived from interest 8nd dividends receiv8ble from investments and is
accounted for in the period in which the Trust is entitled lo recelpl. Interest from deposit accounts are
included as and when received only

PEGASUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES {continued)
Resources expended
All expendilure is included on an accruals basis and is re¢ognised when there is a legal or
constructive obligation committing the Trustees to the expenditute.
Charitable activities include governance costs made during the period and are expended through
the SOFA when the offer Is conveyed to the recipient.
Cost of raising funds relate to the costs incurred by the Trust in managing its investment wrtfolios.
Governance costs relating to Ihe general running of the Trusl, as opposed to the management
functions inherent in generating funds.
Fixed ass•t Inv•stm8nts
Investments are a forn of basic financial instrument and are intiially recognised al their transaction
value and subsequently measured al their fair value as at Ihe balance sheel dale using Ihe closing
quoted market price. Any ch8nge in fair value will be recognised in the statement of financial
activities. Investment gains and losses, whether realised or unrealised, are combined and shown in
the heading "Net Ilossesllgains on investments" in the statement of financial activities. The Trust
does not acquire put options, derivatives or other complex financial inslruments.
Financial Instruments
The charity only has financial asset5 and financial liabilities of a kind that qualify as basic financlal
instruments. Basic financial instruments are recognised at transaction value. except whe
settlem8nt 15 delayed, in which case the transaction is recognised at the present value of the
settlement amount.
Statu5 of funds
The entire resources of the Trust are unrestricted and the Trustees have complete discretion for their
use in pursuance of their objectives.
Debtors and creditors receivablelpayable wlthln onè yèar
Debtors and creditors with no stated interest rate and receivable or payable within one year are
recorded at transaction price. Any losses arising from impairment are recognised as exper)diture.
Cash and cash equlvalents
Cash and cash equivalents include cash In hand, deposits held on call with banks, other short-temi
highly liquid investments with original maturllles ol three months or less and bank overdrafts. Bank
overdrafts. when applicable. are withln borrowing In current liabilities.
10

PEGASUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES Icontlnued)
Golng Concern
The financial statements hav8 been prep8red on a going concern basis as the Trustees believe that
no material uncertainties exist. The Trustees have considered the lev81 of funds held and the
expected level of income and expenditure for twelve months from the date of signing of these
financial statements. The forecasl income and rtseNes are sufficient lo cover all of the budgeted
expenditure lo be able to continue as a going COn￿rn.
The ongoing ¢onfli¢ts in Ukraine and the Middle East and other cost inflationary factors have affected
the global economy. Havin9 considered the contingency plans in place and having reviewed updated
cashflow forecasts, the Trustee5 consider the adoption of the going concern basis in preparing these
financial stalements continues lo be appropriate.
Provisions
Provisions are recognised when the Trust has an obllgation at the Balance Sheet date as a result of
a past event, it is probable that an outflow of e¢onomiG benefit will be required in settlement and the
amount can be reliably estimated.
Taxatlon
The Charity is not subject lo any taxes on its charitable activities.
Irrecoverable VAT Is charged against the category of resources expended for which it was incurred.
Page
2023
2022
INCOME FROM INVESTMENTS
Accumulation dividends
Bank deposll interest
Dividends
162.784
8.677
70,770
1,863
15.076
£ 171,461
£ 87.709
INCOME FROM LEGACIES
Legacy income
£ 1,086,033
11

PEGASUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Pa
2023
2022
CHARITABLE ACTIVITIES
The following grants were awarded lo charitable institutions during the year ended 31 t)ecember 2023:
The Brigitte Trust (Reg. charity no. 1782730}
st Mungo'scommunity Housing Associats'on {Reg. charity no.
1149085)
The Big Issue Foundation (Reg. charity no. 1049077)
ActionAid (Reg charity no. 274467)
DEC Ukraine Fund (Reg. charity no. 1062638)
South East London Arts Ne￿ork (Reg. charity no. 1157803)
Clean Break Theatre Company {Reg. charity no. 1017560}
20,000
2,000
2.000
150,000
25,000
20,000
20.000
24,000
215.000
Support Gosts
Accountancy fees (governance cost)
Independent examir)ation fees (governance cost)
Audit fees (governance costl
5.640
1,200
6,360
4.230
6,840
10,590
Total Charftable Actlvllles
£ 30,840
£ 225,590
2023
2022
EXPENDITURE ON RAISING FUNDS
Nucleus investment managemenl fee
Sarasin & Partners LLP management fee rebate
4,841
11,066)
14.846)
£ 14,846)
£ 3,775
Sarasin & Partners LLP deduct management fees internally from their fund. The amount deducted is
compared againsl the fee that would have been charged on the underlying investments if they were held
outside of the fund on a discretionary basis and the difference is refunded lo the charty-
12

PEGASUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Page
2023
2022
FIXED ASSET INVESTMENTS
Inveslments at markel value comprlse:
Quoted investments
6,026,105
5,542,213
Total investment assets
£6,026.105
£5,542,213
Quoled inve5tmen15
Market value at 1 January 2022
Net investment activity
Net gains1{losses) on investment activity
5.542.213
169,237
314.655
5,224,205
844,709
1526,701)
Market value at 31 December 2022
£6,026,105
£5,542,213
Net gainsl(losses) on Investment assets
Net realised Ilossesl on sales
Net unrealised gainl{lossesl on revaluation
1297,375)
{229,326)
314.655
Total net gainsl(losses) on investment assets
£ 314,655
£ 1526,701)
2023
2022
CASH AT BANK
Handelsbanken
Sarasin & Partners income account
305,244
410,497
1,490
£ 305,247
£ 411,987
2023
2022
CREDITORS- amounts falling due within ona year
Grant commitments due within one year (note 10)
Accounlancy fees
Independent examination fees
Audit fees
60,000
3,960
1.200
80,000
3.630
4,500
£ 65,160
£ 88,130
2023
2022
CREDITORS- arnounts falling due beyond one year
Grant commitments due in more Ihan one year (note 101
£ 20,0(KJ
£ 80,000
13

PEGASUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Pago
2023
2022
10. GRANT COMMIThMENTS
The Trustees have committed granls lo the following organisations. Whilst there are terms placed on
the future year commitments, the Trustees are of the opinion that there is a high likelihood of the terms
being met and therefore have recognised the outstanding amounls in full.
ActionAid {Reg. charity 2744671
LangaLanga Trust (Reg. charity no. 1076360)
Sl Mungo's Community Housing Association (Reg. charity no.
1149085
The Big Issue Foundation (Reg. charity no. 1049077)
50,000
30,000
100,000
40,000
10,000
10,000
13
£ 80,000
£ 160,000
11. CONTINGENT ASSETS- LEGACY INCOME
The charity 15 aware that further funds may be received as the ongoing administration of an Estate,
of which the charity is a beneficiary, continues. At this time, the totsl value of the estate is
uncertain. Therefore no amount has been accrued in respect of thi5 legacy.
12. RELATED PARTY TRANSACTIONS
During the year to 31 December 2023. the Charity has no related party transactions12022- received
a legacy from the estate of Mr P Jeffrey, father of one of the Trustees. of £1.086,033).
No Truslee received any remuneration or reimbursement of expenses during the year lo 31
December 2023 {2022 - £Nil).
13. FINANCIAL INSTRUMENTS
2023
2022
The carry amounts of the charity's financial inslwmenls are as follows..
Financi8188sets- measured at fair value through SOFA..
-Fixed asset investments
-cash at bank and in hand
13
13
8.026,105
305,247
5,542,213
411,987
Financi81 lia￿lItIeS - measured at amortised cost
-creditors
13
5,160
8,130
The income. expenses, nel gains and net losses attributable to th8
chariws financial instruments are summarised as follows..
InGome and expense
measured at fair value through
SOFA."
-Net gains/(losses) (including changes in fair value)
13
314,655
{526,701 }
14