REGisfERED COMPANY NUMBER.. (England and Wales) CE013594 REGISTERED CHARITY NUMBER.. 1177643 Report of the Trustees and Unaudited Financial Staternents For the year ended 3151 December 2024 For Thriving Through ventu CIO Hazel Harvey Financial SeNces Paddock Gate Povlton Crescent MARLBOROUGH SN8 IB
Contents of the Financial Statements For the Year ended 31" December 2024 Page Report of the Trustees Independent Examinerfs Report Statement of Finanoal activities Balance sheet Notes to the Financial Statements Detalled Statement of Financial actNlties
Report of the Tntstees For the Period Ended 31" December 2024 Thriving Through Venture was established as a Charitsble Incorporated Organisation ICIO}, Charity Registration number 1177643. on 20 March 2018. Trustees are Josephine Del Mar Ichairl, Dania Pegna, Bridget Goldsmith. The address of the principal offKe Ild Fox House, High St, Netheravon, Wiltshire. SP4 9PQ The trustees of the charity present their report with the financial statements of the tharity for the year ended 31st December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparin8 their account5 in accordance with the Finanual Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20151 The constitutional objects are to advance in life and help young people through the provision of activities to better prepare them for life.. designed to develop their resilience. providing support and activities whlch develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals. This is done by givin8 youn8 people an opportuntty to rise to a challenge that can connect them to their local community and to a different international community and thereby gain a broader perspective on their own world. The programme aims to develop self- awareness and resilience whilst creating an understanding of the youn8 people's own purpose and personal values. Public benefft The trustees have consldered the Charity Commission 8uidance on publk beneflt Actlvlties Tfv has concentrated its efforts in worklng on personal development trainin8 in resilience in Wiltshire secondary schools, working with two professional providers liHeart Principles and EduLead - SPARK Moonshot series). One school requested resilience and confidence building for their students based on previous work that TN had provided. The charity cogniseS there is an urgent need in UK schools, for funding and expertise to help students attend school and progress. curntIY Thriving Throu8h Venture's funding enable5 the free delivery of the programmes.
FINANCIAL REVIEW Financial PosTtion During the year ended 31 December 2024 outgoing resources exceeded incoming resources. This was funded by brought forward surpluses from previous years which we were authorised by our donors to carry forward to use in future years. There is a small surplus to carry forward to 2025. During the year significant donations were receNed to fund 2025 actNities. These funds have not been included on the Statement of Activtties for 2024 and the balan is shown on the balance sheet 35 deferred income under the heading "Amounts falling due after one yea Prln¢lpal fundlng source5 The Charity receives significant donations from charitsble trusts and private individuals. Reserves poli¢y The trustees aims to maintain a general reserve of unrestricted funds sufficient to meet its financial, le8al and moral obligations to its service users, contractors and volunteers and to all relevant authoritie5. They aim to hold at any one time cash reserves equivalent to six months running costs. This aim was not achieved at 31st December 2024. There is therefore a need to seek further funding to secure the future of our work with young people. REFERENCE AND ADMINISTrATION DETAILS Registered Charlty Number 1177643 Independent Examlner Hazel HaeY Financial Services Paddock Gate Poulton Crescent MARL80ROUGH SN8 IBH This report has been prepared in accordance with the requirements of the Charities Act 2011. Approved by the order of the board of irustees on 10.1 trustee b. Psfi DJ
lfidependent Examinerfs Report to the Trnstees of Thrhrlng Through Venture Independent examinerfs rep(wt to the twstees of Thrlvlng Through Ventu re ('the Charlty,) I report to the charlty trustees on my examination of the accounts of the charity for the period ended 31st December 2024. Resp(M1b1litieS and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the 1.the ACWI. 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 the Trust's accounts carried out under section 145 of the 2011 Act and in carryin8 Out my examination, I have followed oll the applicable directions 8iven by the Charity Commisslon under sertion 14515llbl of the Act. Independent examlnees ststement I have completed my examination. I confim that no material matters have come to my attention In connectlon wlth the examination which gives me cause to believe that in. any material respect.. the accountlng records were not kept in accordance with section 130 of the Charities Act: or the accounts did not accord with the accounting records- or the accounts did not comply with the applicable requirements concernlng the fom and content of accounts set out in the Charities IAccounts and Reports) Regulation5 2ixi8 other than any requirement that the accounts glve a 'true and falrf 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 understandin8 of the accounts to be reached. H A Harvey Hazel HaNey Financial Servi$ Paddock Gate Poulton Crescent MARLBOROUGH SN8 IBH
Statement of Financial Activities For the Period ended 31° December 2024 2024 2023 INCOME AND ENDOWMEwfs FROM Donations and legacies Charitable activities Other iio 37.289 TOTAL 112 37,293 EXPENDITURE ON Charitable Activities 3,456 46,071 NET INCOME -8,778 RECONCILIATION OF FUNDS Total funds brought forward 3.935 12.712 TOTAL FUNDS CARRIED FORWARD
Balance Sheet At 31" Detrmber 2024 2023 CURRENT ASS5 Cash at bank 20.540 3,935 CREDITORS Amounts falling due within one year NET CURRENT ASS 20.540 3,935 Amounts falling due after one year 19.950 NET ASSETS FUNDS Unrestrlcted funds 590 3,935 TOTAL FUNDS These financial statements have been prepared in accordance wlth requirements of the Charities Act 2011. The finanaal statements were approved by the trustees and were signed on their behalf by: Name Date of approval 20.1025.
NOTES TO THE FINANCIAL STATEMENTS For the Period Ended 31" December 2024 ACCOUNTING POLICIES Basls of preparlng the financial statements These accounts have been prepared under the historical cost convention with items recogni5ed at Cost or transaction value unless otherwise stated in the relevant notelsl to these accounts. The accounts have been prepared in accordance wtth the Statement of Recommended Prartice-. Accounting and Reportin8 by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 issued on 16 July 2014. and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021. and with the Charities Art 2011. The charity constitutes a public benefit entity as defined by FRS 102.. Income All income is recognised in the Statement of Financial Activities ISOFAI when the charity becomes entltled to the resources, it is more likely than not that the trustees will receive the reUrCe$- and the monetary value can be measured with sufficient reliability. Expendlture Liabilities are recognised where it is more likely than not that there is a legal or con5tructlve obllgatlon committing the charity to pay out reSoUrS and the amount of the obligation can be measured with reasonable certainty. TRUSTEES, REMUNERATION AND BENEFITS Tiustees, Expenses Trustees are reimbursed for goods and services bought from time to time on behalf of the charity.
Detailed Statement of financial Activities For the Period ended 31° t)ecember INCOME AND ENDOWMENTS 2024 2023 Donatlons and legacles Donations / Grants Fundraising Other Giftaid iio 35.240 22 112 37,293 Total Incomin8 resource5 112 EXPENDITURE Charltable artlvities Activities Consultants I Workshops Admin Bookslother 23,735 11,600 10,738 2,072 950 3.456 46.071 Totsl resources expended Net Income Transferred tollfroml Reserves This pa8e does not form part of the statutory financial statements