Charity number.. 1177839 Company number.. 10845504 {England and Wales) Givingforce Foundati¢ Report of the Trustees and Unaudited Financial Statements For the year ended 30 November 2023 1)RF A11 29108r2024 COMPANIES HOUSE
Givingforce Foundation Conlents Page For the year ended 30 November 2023 Report of Ihe Truste85 1 to3 h)d0wndoni Examin•ts R•KYJI lo Iho Trus*oS sts1emI ol Pog )tes to ¢he Fhanual Slatements . 7t011 12
Givingforce Foundation Report of the Trustees For the year ended 30 November 2023 The Tnote$. art so diredols fr lh• purrM)ses c4 c(Thpany law, h8ve pl8awJre in w858ntirJ th8x raport and the financial staterronts for the charitawe company for the year erKled 30 Novernber 2023. The Twstee$ have adopted Ihe provisions of Accountiro 8nd Reporting by Charittes.. Ststement of RettMended Pwite apr4ble 10 ¢hariDes paIN Iheir a¢covnts in actordan¢e with the Financmgl Rp¢yting Slonthrf apFlrAt in th¢ UK and th8 Repubhc of IrdaTrJ IFRS 1021 (effective l jUary 20191. OBJECTIVES AND ACTivrries The Chanty is governed ty its Art"c4es ofAssLXkgth)n ajcpted on 30 J8 2017. The charity awn5, for the benefft to the eff¢nty effetheness ol¢h8rfs and the effecive use of charitab resources in partscLar bul Tr)t exdusNdy by the wowi5Fcffj ol a payroll gNiry ser¥e and prcmotion of charbtsble giwng and volunleoring. carfty also aims to adVae such Ch8fftab purF)58s 85 the tnJ5tees sw fft frcffi lvne to by the provi5K>n of dOtKn$ arwj other finanoal assi$tsn¢e. BOARD OF TRUSTEES The Charity rnay by ordinary resoluti apw)int a perTr w1 o to xt as a trustee either to fil a vacancy or as an additional Irustee. The maxrnurn and minKnuffl number of trlee$ shall be determined by the Charity, Un$$ and unbl so ft<ed there sh811 be maxirnurn numberaTrJ Ihe numter oftru5te85 sham betr1. Nw trustses %ill given Indmdual 1rj w the dth¢ Chwity as Ihey are aFwnted. 1of12
Givingforc8 FoundatK)n Report of the Trustees Continued Fcrf the year ended 30 November 2023 ACHIEVEME14TS AND PERFORMANCE The Charity faclitated the distribuiffi oftyw £5.818.634 oltt)naibyts 2280 dwrths as a $t91th9 Wthplace GIn9 S¢heme$ * suppyjrts. The Charity recorded £73.577 (2022: £88.4151 Joneraiod a dafwil01£2.67412022." tho Su$ 01£28.857j RESERVES POUCY The (anty'$ resefves is to en the+thwlty io ConnUe its Slart- phase fwther fuThlr8i5NvJ. Th8 pc4icy continue to bo rtrvwtsd ovor Iho ¢omin9 yoars. PLANS FOR THE FufuRE The trustees intend to o)ntiNe to gr the Chanty 8% more employw8 swJn up to Worwxe GN¥¥J &tsm8S. PUBLIC BENEFIT The tru51ees have read rnirthl d the pubk¢ benèhl $terwts issue¢J by Ihe Chwity G)mrrWsS and refw lo the guidance when Considering aaiwles. The trus¢ee5 cortsidw Ihat th& put lfil reqwwwt ampty mei by Virt of the whye of causes en8ed by the chari5 actNity. GOVERNING DOCUMENT The Charity v8 a charitable crmpany lirnrfed by guararrt88. incc¥p)Tai8d 30 JLm8 2017 and regn5tered as a charity on 6 April 2018. The company was eslat4ishad un(J8r a Memorandum of Asx¢iakn e5tsNished the ot¥ecli¥es and p(r$ of the charity aTrJ company arKtt i8 grned under its Arbck88 ofAssOcia. PRINCIPAL RISKS AND UNCERTAINYIES FAC4G THE CHARITY Tho k)1109 riths ba ¢onsidemd by the IntstO•S The charity receives finanual and adrnini8tr8tKffi svwort from Gr¥ryForce nlett to erIae il to coTrtiwe its 8Ctwits"es. The directcrfs of GNingForte Linrted have confim)ed thaf l£fib to conbnL to support tharty the h)reseee Tha In18&S regularfy r8¥ithv ts olher ftt8d ty th8 Lanty 8Th1 behave that Iher8 is a s8tisfacknry mgatiOn ol any Significant rfsks. STATEMENT TRUSTEES RESPONSIBILITIES The Iruslee5 are respolre for preparing tha Trustses. Repjrt and the finan1 slatents in accudance vAlh applic8bla law 8Th United Kin9dorn Ating Stsndards (UK Genevxlty k(pied knuntry Practice). ompany18w requires Ihe prepgre statements fin8ncr r. Uthr th81 lrttstees hwe e¢ted to prepa fin8n¢ial statwxenls in &tx)rdKe wilh Uiied Generalty A¢wted ACtn1•rj Iunited KiThJJom Atwunting Standards applKtho lawl. Th& finawl sts¢emont$ ato r¢quimd to a INO fair vi0w of tho stst¢ ol affai of the charty and of the income, exPendre finwKsal 8Ctrwbes of the charty for Ihat penod. In prepariTrJ these fjnarrial stalernents. tre twslees are required lo.. sdect suatrAe a¢tounlMig poh"¢ies ltsn Ihem ¢¢rt)si%knUy.' obseNe the m¢ttw)ds aThJ 'ple$ in Ihe chariltes SORP: make ju¢9ements and eslimaw that a wsonable prepare anoI ors the goin9 t¢sts unf¢8S it B inapwopriats lo pr?sW Ihal th8 chanty %*1 nb"n? in busimos$. 20112
GNingforce Foundation Report of the Trustees Continued For the year ermled 30 November 2023 The trusteas are r85[n$to for kewTrJ k¥oper tk¢4yJMlli9 re¢orf$ with reasonaNe atturacy at arby ts.rna the financial F)sition of lh8 charily and to enable Ihern to ensure Ihal the finwKi Stalwts comply Ihe knpanies AGt 2006. They are 8150 responslble for safegu8rthr¥J assets ol the chanty and hence for tang rea5cffjable steps for th& prevention and deie¢tion of fraj and other irregularfes. SMALL CIYAPAMY PROVISMY4S This report has been prepared in c(¥darKe 5petsal ¢WdVSiDn5 of P•1 15 the Compan$ 2C#)6 lating to small canwanies. REFERENCE AND ADIAINISTIIATIVE INFORMATION t4am• of Charfty Charlty r9glslTrtlon wmb•r Company regbstratlon nntser Princlpal addre98 1177839 10845504 Lon¢Jon W1T1aL Trustees The trustges and offKers swviry tluriry Ihe yeararn1 the >arer*J wwe a$Wkiws'. DavKI etyby Mt Eiaz Ras Mr NasrAlam Secretary Mrs Naswn RashTd Indop•ndMt •xamln• $an0 & Co LLP 36-38 Westbwme Grthe SSH Approved by thE 8oarf ol TNstees svjned i¥¥ rts behawty Klr Èjat Rashid TN$¢eo 23 Aug 2024 3of12
GNingforce Foundation Indendent Examiners Rert to ihe Trustees For the year ended 30 November 2023 I report io tDJ5t885 w my Ihe acLunls oft Lknlat CUTyany yewerthd 30 Novernber 2023. R•$pon$lbllltl•s and ba$ of report As the charity TNstee$. who a also dirtots for the wGeS of cLryaThy Lqw, are rew5th for Ihe of t a¢uwnts In aCCordare wilh Ihe requirements ofts Compan 2W6 IY 2006 Kri. Having satIsfd myueif Ihyt the accwnts of the Compary Nuired io b8 ated er Part 16 01 the 2006 Ad and are olw'blè for independant exartunation. I report in re5pecl of my •xaminaliM of y¢r charivs accounts carri8d out undor sectti)n 145 of th8 chartlies Aci 2011 1.the 2011 Acri. In carrThJ my I Iks¥e folk)wed Iho [J"wtiC gNen by Ihe Chanty Commlssic under Secti 1495llbl of the 2011 Act. Independent 8xarnln•r8 quallfted 8tat•rnent I confirm Ihot no olher mattets have lo my attent• v•th the exan¥naliw wn9 ffle Gwse to beheve tw in ahy material Osp.. 1. a¢ntIl0 re¢ords were not kept in respect of Ih8 Compwy as required by seclv)n 386 of Ihe 2C(fj 2. th¢ atrounls not •¢o)rd Yth thw reo)rds." Ly 3. the aceounts do not Comply the oquirements ol section 396 of the ZCt6 Act olher than any requirement Ihatthe aceounts glve Irue and fair view. whith not a matteT ¢or6Klered as part of an independent ex8minatK•n', or 4. the accounts have not been prtpargj in xcordance th Ihe methods (yiwples ofthe Statement of Re¢c¥nrnended Practice for acnn9 and reporbng by charitses apiCable to chants'es prepanng their HI a¢tx)rdance the Financial Rep)rbTrJ Sandard apF4icat4e in th8 UK 8ThJ Re1C of Irelano IFRS 1021. I conffim that there are Otr matters w which ywr attenOn shryhj be thawn lo enab18 8 woper uTh1erstwdin9 of th8 accounts to bo reached. 8&LLP Sloar & Co LLP 3fv38 Westt)ouTh GrDVt Newton Ro•J W2 SSH 23 Aug 2024 4rf12
Givingforce Foundation Slatement ol Financial Actiwties (including Income and EndIture Account) For the year ended 30 November 2023 UMestrlct•d funds 2022 Incorn• and •ndo¥nTWIt8 from.. Don81ions and l0ga¢iOS Ttstal 73.577 73,STT 88.435 88.435 Exp&ndftur• on.. Managent and Totsl 176,2511 176,2511 158.7941 158.7941 N•¢ IncOm0nd*UTO ReconcS1Satlon of fund8 Total funds brojghl forward Totsl fisnds caNied fomard 12.6741 29.641 22,307 19,633 (1.3341 22,307 s12
Registered Number.. 10845504 Givingforce Foundation Statement of Financial Position As at 30 November 2023 2023 2022 Flxod a$ts Tangible a55ets 990 ¢urr8nt asslts 14,496 478.413 492,909 1465.1131 25.667 374.087 399.754 1365.1971 Cash at bank and in hand CreditOl¥.' 4m¢>unts falling within on y••r Net ¢urrtnt as8•ts 27.796 28.786 34.557 34.557 Totsl assets less current Ilobmtths CredltOf5.' amounts falling due afterrnor than yur Nt 0ss•ts 19.1531 19.633 112.2501 22.307 Th8 tunds of the Chartty Unrestrtied Inn ffijnds 12 19.633 19.833 22.307 22,307 Tot•1 fund$ For tha yoar n 30 Novambor 2023. the ¢omp8ny was to exempl dit uTrJ8r seckn 477 of the Companl8s Act 20f lalIng to >nll ¢ompans. The rn8rnber5 hav8 Th)t required the COmY to djtain an ol its aC£ts tho ye in ques) in &rdance with se¢tlon 476, The trustees aCn08d98 their ¥eSpLtIll1 for comptyiThJ with Ihe rewirermnts of the kl wth resFect lo re¢ord$ ar1 Ihe prep8ratTr of attOts. Th8s8 ¢nIS haye b88n par in xcaJrdarKe with the prow¥h?ns applicat4e to comparmes Subject to Ihe small eompanies. regMn&. The finanoal ststm•nts apwoved and lor is** by the Board and its tehalfty. Ir Ejaz Rashid TDJ$te• 6of12
Givingfor¢e Foundalion
Notes to the Financial Statements
For the year ended 30 November 2023
1. A¢¢•untlng Polkl
B•s1s of x¢ountlng
The finanGial Statem1$ hove been preped der Ihe htsIC cost convanlJn, except for investments thich are Indje al
rnart(et value and Ihe revaluaiM)n of fixed assets and In alxthance Yhrylh the CharitEes SORP IFRS 1021 Accounliro and
Reporting by charitS.. Slateffjent ol Re¢omrnerKYed Pra¢w to charitses weparkng act¥Junts in accordanc8 With tha
Financ4al Reporting Slandwd apphc4bk8 in the VK aTrJ RebI of ITeld IFRS 1021 leffecbve 1 January 20191.. Financa81
Roporting Standard 102 the Finawal Reporb"r¥J Sland¥d wlKaL4e in th& UK and RepuNK of IreLand IFRS 1021, the
Compartes Act 21X)6.
Gtvingforce Fndalion meets the d8f1Th.oD of a pl1 benefft entity wderFRS 102. A55ets and liabililies ar• initsally rewgnised
8t histortol c4st or transactn ¥8lue u&$$ dheris& slat8d in the rd8vant acun.n9 notelsl.
Th8 flnartial Statents are prepared in sterfirvJ, k5 ts 1c"0n arnncy cl tho company. Mon8tary in these
st8temwts afe rwnded to the arest nd.
Golng CODcom
These finanThal ststerrtsnts are prepared on ihe c(eM basi$. The trltseS have assessed ts thariws abllity to (x)nknnue as
going concem and have considertd p)ssible events w Cond"0n$ that mpJht cast Snificant doubt CMI the ability of the charity lo
continu¢ as a going ¢M¢8m. Th• trslee$ hove made thi% asSessmt fora FeTh)d of al least one yaar from the dale ofthe
approval Of Ihe5e fiTranoal ststernents. Tr tharty has made 8 dEfitit forthe year of £2,674. nal assfrt of t19.633 and cash balance
of £478.413. The ¢nJ5tees evaluated impad on the chartty. In particdar the trustees have c¢)nsKlefed thè charty's forecasts and
proJeCtiC5, and belie¥v that the charty wil be abbp to ¢y)nih4ue Ns 4thibe5 bts lith)"e$ as theytsll due lor a period of at
18asl hv8l¥e monlhs from the date of approval of the financial 51alemenis.
Inc
Givinglorce Foundation Notes to the Financial Statements Continued For the year ended 30 November 2023 Share Capl¢al The chanty Is Imited ty guarnntee ar¥J 4)es rt have ty share c•tal. kblity oflhe memt4rs 1$ linrted to the of É10 pv meftknr. 2. Ineom• frorn dorlons and legaclos 2023 2022 utrIct•d fvnd¥ Donaticfis recei¥ed 73.577 88,435 73,577 88,435 3. Exp•ndMur• on g•n•r•tkng a)natb)ns •nd Wl•s 2023 2022 Unr•strlclqd lunds Management and AdMl$tration 76,251 58,794 76.251 $8.7Y Ansis ofsupport Cwts 2023 2022 Mana9ew¢ and Admv)istration 76,2S1 58,794 5. Net In¢•rn•1(gxndl1uf•} for th¢ y¢av Th is slatsd after thl1tINJ}'. 2023 2022 Accountancy I Salaries Pension contritrtjtions 2,640 5,582 28.667 860 1252} 907 4.471 IGainyLoss on fixeign turrwy tr8natith) 8of12
Givingf(Yce Foundalion Notes to the Financial Stslemenls Continued For the year ended 30 November 2023 6. Staff costs and en109 Total 5tafl costs Iry the yearended 30 20fi ve." 2023 2022 Salaries aThJ wages soc1 security costs P8n%¢ costs 34.090 1,739 SX)7 28.867 1,460 36,n6 30.907 7. Compvatlv• lor th• Statsm•nt ol Flnanclal AetMti•8 8. Tangible ed •sstts Comput•r Equlpm•nt Cost or ¥41uatlDn Additions 1.048 1.048 AI 30 November2023 D•prtsation Charge for year At 20 Ntsvember 2023 N•t bo¢* At 30 November 2023 9. D•btor8 2023 2022 Arnourrts du• wlthln on• y•ar. Trada deblrxs 6,368 8.128 4,704 20.963 epayments and ar£rd 14,496 25,667 9of12
Givingforce Foundation Notes to the Financial Statements Continued For the year ended 30 November 2023 10. Cradltors: amounts foll1 thJ• witlmn on• y••r 2023 2022 Loans and overdrafts 1.5 1.500 Trada ueditors 0th8f cre(Itors PAYE & 5wral 50trJrfty charitab dI5jrs8ffnts 3,992 456.601 2,640 1.629 359.068 3,000 A¢¢nJals deferred int¥JW¢ 465,113 365.197 11. Credltors: amounts f4Wn9 th•th y•* 2023 2022 Loans aTrJ ovwdrafts 9,153 9.153 12,250 12.250 12. Uov•m•n¢ In fvnd¥ Unreslrt¢t8d Funda 8alanc8 at 0111212022 IornIng r•sourc•s Out9olng r•sourco8 3011112023 G6n•ral Genera 73.5n 176.2511 19.633 22.J07 73,Sn 176.2511 19.633 tknr•strlct•d Funds. Pre¥lous y•ar Bolance at 01112r4021 IKomSng esourt•s Out90in9 esources 3011112022 G¢n•rnl General 17J34) 8a,43S 1$9.7941 22,307 17.334 81,435 158.794 21307 100112
Giwngfor¢e Foundation Notes to Ihe Financial Ststements Continued For the year ended 30 November 2023 13. Anatysls of not assets l>•lw••n fvnds Tawlblo Il•t rT•rt c19 > Nt A$s•ts Ilx•d ass•ts atssets I on• year Ilnr•strlcl*d lunds . Gener81 Gener 27,796 19.1531 19,633 27.796 19.1531 19,633 Prgvlous year Tatyibltr 14rf current Crndltorn > N•t A88•ts fix¢d 4ssets •ssetsi ne year (IlalMlill¢sl Unrnstri¢t•d fvndl Gernrnl Gene 34.$57 112.2YJI 22,307 34,$57 112.2501 22.307 11 of12
GNingforce Foundation Detailed Statement of Financial ActilieS For the year er)ded 30 November 2023 2023 2022 INCOME AND ENDOWMENr Oonatk+ns and lègacles DonaM)n$ 73.577 88.435 73.577 Total Incomin9 rtstsur¢ SUPPORT COSTS Governance c08ts 73.577 8.435 Mantyemeniantt 176.2511 158.7941 176,2511 {58,7941 Total r¢8ourc88 •xponded 176.Z51} IS8.7) N•1 Expenthture 12,6741 29.641 12of12 TNS pagg d088 Th)t lurn pwt of Ihe stabjw financ4al stai8m8nts