Company registration number: CE014259 Charity registration number: 1178589
## BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)
(A company limited by share capital) Annual Report and Financial Statements for the Year Ended 31 December 2024
Vale & West Accountancy Services Limited Vale & West Accountancy Services Limited Victoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Contents**
|Trustees' Report|1 to 4|
|---|---|
|Independent Examiner's Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8 to 13|
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 December 2024.
## **Objectives and activities**
## _**Objects and aims**_
The objects of the Charity are the prevention or relief of poverty in The Gambia by providing or assisting in the provision of education and/or training, and the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.
## _**Objectives, strategies and activities**_
During the reporting period, the charity continued to provide support to over 250 individuals in their business development through ongoing mentoring and advisory visits. A core aspect of the charity’s activities has been the delivery of educational and training initiatives to empower women entrepreneurs and support their development.
The charity maintained its established workshop programme and launched a new educational strand, the Julaya Silo Fundamentals Course, aimed at women with low or no literacy and limited formal education. Alongside this, local half-day training sessions—referred to as 'Share Events'—continued to run successfully.
In total, the charity delivered:
- One full workshop, attended by 16 participants
- Seven 'Share events’, each attended by approximately 15 participants
- Four cohorts of the Julaya Silo Fundamentals Course, with a total of 38 women participating
· One networking event for 13 women
## _**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 1
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Trustees' Report**
## **Achievements and performance**
The early months of 2024 were marked by financial uncertainty, following the conclusion of UK Government funding. As a result, a scheduled workshop in January 2024 did not proceed. Contributing factors included funding constraints and the temporary unavailability of a key staff member who was undertaking university studies. This impacted the charity's ability to deliver staff training as originally planned.
Despite these challenges, the charity successfully delivered a workshop in May/June 2024 for 16 new participants. This event also enabled the commencement of ‘train-the-trainer’ activities for a newly appointed female staff member, alongside continued development for an existing senior staff member.
In August 2024, the charity secured two years of funding from the EA Foundation to support the entire women’s programme, with a grant of £28,940. This funding underpins both the existing workshop programme (for literate women with low levels of education) and the newly launched Julaya Silo Fundamentals Course.
As part of the development of the Julaya Silo programme, a new female staff member was recruited (December 2023). A bespoke syllabus and delivery method were designed, piloted with two cohorts of six female vegetable sellers each, evaluated, and refined before wider implementation.
A comprehensive review of the charity’s microloan programme was conducted in 2024. Trustees resolved to pause the issuance of new loans until further funding is secured to cover administrative and operational costs associated with the scheme.
In recognition of the challenging travel conditions, particularly during the rainy season, and the need for reliable transportation to access remote programme areas, the charity received a private donation of just over £5,000 to purchase a suitable vehicle. This followed the temporary use of a non-four-wheel-drive car, loaned by the charity Raise Gambia, which was found to be inadequate for long-term use in the field. Trustees also approved driving lessons for two members of staff to ensure broader operational capability.
## **Reference and Administrative Details**
Charity Registration Number: 1178589 Company Registration Number: CE014259 Registered Office: Valley View Rectory Road Streatley Berkshire RG8 9QA Independent Examiner: Vale & West Accountancy Services Limited Vale & West Accountancy Services Limited Victoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG
Page 2
**BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Trustees' Report**
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Dr T Long A M Quarendon J E Maughan C J Guest C Harmer J J Long
## **Structure, governance and management**
## _**Nature of governing document**_
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
BE REEL's governing document was registered with the Charity Commission on May 31, 2018
## _**Recruitment and appointment of trustees**_
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the charity's constitution.
The trustees look for persons of proven integrity who share the vision and objectives of the charity and who have the relevant wisdom and experience to contribute to the running of the Charity.
## _**Induction and training of trustees**_
Each new trustee is provided with the relevant Charity Commission publications, a copy of the Charity's constitution and the relevant information from the Charity Commission relating to the duties of trustees.
## **Statement of trustees' responsibilities**
The trustees (who are also the directors of BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE) for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
Page 3
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Trustees' Report**
- state whether applicable accounting standards, comprising FRS 102 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 it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
## **Small companies provision statement**
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on 16 October 2025 and signed on its behalf by:
Dr T Long Trustee
Page 4
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Independent Examiner's Report to the trustees of BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE) ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act 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**
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:
1. accounting records were not kept in respect of BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE) as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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
4. 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.
Lee Gardner FCA Vale & West Accountancy Services Limited
Victoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG
17 October 2025
Page 5
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Statement of Financial Activities for the Year Ended 31 December 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Donations and legacies
3
Total income
**Expenditure on:**
Charitable activities
Total expenditure
Net (expenditure)/income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
11
**Note**
**Income and Endowments from:**
Donations and legacies
3
Total income
**Expenditure on:**
Charitable activities
Total expenditure
Net income/(expenditure)
Transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
11|**Unrestricted**
**funds**
**£**
294
294
(3,746)
(3,746)
(3,452)
(3,452)
41,540
38,088
**Unrestricted**
**funds**
**£**
3,577
3,577
(3,385)
(3,385)
192
(1,283)
(1,091)
42,631
41,540|**Restricted**
**funds**
**£**
19,324
19,324
(18,208)
(18,208)
1,116
1,116
-
1,116
**Restricted**
**funds**
**£**
4,584
4,584
(22,044)
(22,044)
(17,460)
1,283
(16,177)
16,177
-|**Total**
**2024**
**£**
19,618|
|---|---|---|---|
||||19,618|
||||(21,954)|
||||(21,954)|
||||(2,336)|
||||(2,336)
41,540|
||||39,204|
||||**Total**
**2023**
**£**
8,161|
||||8,161|
||||(25,429)|
||||(25,429)|
||||(17,268)
-|
||||(17,268)
58,808|
||||41,540|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 11.
The notes on pages 8 to 13 form an integral part of these financial statements. Page 6
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **(Registration number: CE014259) Balance Sheet as at 31 December 2024**
|**Note**
**Fixed assets**
Tangible assets
7
**Current assets**
Debtors
8
Cash at bank and in hand
9
**Creditors: Amounts falling due within one year**
10
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
11
**Unrestricted income funds**
Unrestricted funds
**Total funds**
11|**2024**
**£**
4,378
336
35,394
35,730
(1,529)
34,201
38,579
631
37,948
38,579|**2023**
**£**
140
1,729
40,210|
|---|---|---|
|||41,939
(539)|
|||41,400|
|||41,540|
|||-
41,540|
|||41,540|
For the financial year ending 31 December 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The financial statements on pages 6 to 13 were approved by the trustees, and authorised for issue on 16 October 2025 and signed on their behalf by:
Dr T Long Trustee
The notes on pages 8 to 13 form an integral part of these financial statements. Page 7
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Notes to the Financial Statements for the Year Ended 31 December 2024**
## **1 Charity status**
The address of its registered office is: Valley View Rectory Road Streatley Berkshire RG8 9QA
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Income and endowments**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
## _**Donations and legacies**_
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
## _**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.
Page 8
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Notes to the Financial Statements for the Year Ended 31 December 2024**
## **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. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**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.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **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** Plant and machinery Computer equipment Motor vehicles
**Depreciation method and rate** 25% on cost 50% on cost 25% Reducing balance
Page 9
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Notes to the Financial Statements for the Year Ended 31 December 2024**
## **Foreign exchange**
Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are reported at the rates of exchange prevailing at that date.
The results of overseas operations are translated at the average rates of exchange during the period and their balance sheets at the rates ruling at the balance sheet date. Exchange differences arising on translation of the opening net assets and results of overseas operations are reported in other comprehensive income and accumulated in equity (attributed to non-controlling interests as appropriate).
Other exchange differences are recognised in the Statement of Financial Activities in the period in which they arise except for:
1) exchange differences on transactions entered into to hedge certain foreign currency risks (see above);
2) exchange differences arising on gains or losses on non-monetary items which are recognised in other comprehensive income; and
3) in the case of the consolidated financial statements, exchange differences on monetary items receivable from or payable to a foreign operation for which settlement is neither planned nor likely to occur (therefore forming part of the net investment in the foreign operation), which are recognised in other comprehensive income and reported under equity.
## **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.
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.
## **3 Income from donations and legacies**
|Donations and legacies;
Donations
Grants, including capital grants;
Grants
**Total for 2024**
**Total for 2023**|**Unrestricted**
**funds**
**General**
**£**
294
-
294
3,577|**Restricted**
**funds**
**£**
4,854
14,470
19,324
4,584|**Total**
**funds**
**£**
5,148
14,470|
|---|---|---|---|
||||19,618|
||||8,161|
Page 10
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Notes to the Financial Statements for the Year Ended 31 December 2024**
## **4 Net incoming/outgoing resources**
Net outgoing resources for the year include:
Depreciation of fixed assets
|**2024**|**2023**|
|---|---|
|**£**|**£**|
|765|1,735|
## **5 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
## **6 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **7 Tangible fixed assets**
|**Cost**
At 1 January 2024
Additions
At 31 December 2024
**Depreciation**
At 1 January 2024
Charge for the year
At 31 December 2024
**Net book value**
At 31 December 2024
At 31 December 2023
**8**
**Debtors**
Trade debtors|**Furniture and**
**equipment**
**£**
1,875
-
1,875
1,735
140
1,875
-
140|**Motor**
**vehicles**
**£**
-
5,003
5,003
-
625
625
4,378
-
**2024**
**£**
336|**Total**
**£**
1,875
5,003
6,878
1,735
765
2,500
4,378
140
**2023**
**£**
1,729|
|---|---|---|---|
Page 11
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Notes to the Financial Statements for the Year Ended 31 December 2024**
## **9 Cash and cash equivalents**
|Cash at bank
**10 Creditors: amounts falling due within one year**
Trade creditors
**11 Funds**
**Unrestricted funds**
**_General_**
General fund
**Restricted funds**
Training and support programme
**Total funds**
**Balance at 1**
**January 2023**
**£**
**Unrestricted funds**
**_General_**
General fund
29,582
**Restricted**
Training and support programme
11,556
Microloans programme
-
FCDO funding
-
**Total restricted funds**
11,556
**Total funds**
41,138|**Balance at 1**
**January 2024**
**£**
41,540
-
41,540
**Incoming**
**resources**
**£**
19,814
-
(4,199)
(23,388)
(27,587)
(7,773)|**2024**
**£**
35,394
**2024**
**£**
1,529
**Incoming**
**resources**
**£**
(3,592)
631
(2,961)
**Transfers**
**£**
(7,856)
(11,556)
4,199
23,388
16,031
8,175|**2023**
**£**
40,210|
|---|---|---|---|
||||**2023**
**£**
539|
||||**Balance at 31**
**December**
**2024**
**£**
37,948
631|
||||38,579|
||||**Balance at 31**
**December**
**2023**
**£**
41,540
-
-
-|
||||-|
||||41,540|
Page 12
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Notes to the Financial Statements for the Year Ended 31 December 2024**
## **12 Analysis of net assets between funds**
|Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets
**13 Analysis of net funds**
Cash at bank and in hand
Net debt
Net debt||**Unrestricted**
**funds**
**General**
**£**
4,378
35,730
(1,529)
38,579
**Unrestricted**
**funds**
**General**
**£**
140
41,939
(539)
41,540
**At 1 January**
**2024**
**£**
40,210
40,210
**At 1 January**
**2023**
**£**
-|**Total funds at**
**31 December**
**2024**
**£**
4,378
35,730
(1,529)|
|---|---|---|---|
||||38,579|
||||**Total funds at**
**31 December**
**2023**
**£**
140
41,939
(539)|
||||41,540|
||||**At 31**
**December**
**2024**
**£**
40,210
40,210
**At 31**
**December**
**2023**
**£**
-|
Page 13
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Detailed Statement of Financial Activities for the Year Ended 31 December 2024**
|**Income and Endowments from:**
Donations and legacies (analysed below)
Total income
**Expenditure on:**
Charitable activities (analysed below)
Total expenditure
Net expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
**Income and Endowments from:**
Donations and legacies (analysed
below)
Total income
**Expenditure on:**
Charitable activities (analysed below)
Total expenditure
Net (expenditure)/income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward||**2024**|**Total**
**2024**
**£**
19,618
19,618
(21,954)
(21,954)
(2,336)
(2,336)
41,540
39,204
**Total**
**£**
19,618
19,618
(21,954)
(21,954)
(2,336)
(2,336)
41,540
39,204|**Total**
**2023**
**£**
8,161|
|---|---|---|---|---|
|||||8,161|
|||||(25,429)|
|||||(25,429)|
|||||(17,268)|
|||||(17,268)
58,808|
|||||41,540|
|||||**Total**
**2023**
**£**
8,161|
||**Unrestricted**
**funds**
**General**
**£**
294
294
(3,746)
(3,746)
(3,452)
(3,452)
41,540
38,088|**Restricted**
**funds**
**£**
19,324
19,324
(18,208)
(18,208)
1,116
1,116
-
1,116|||
|||||8,161|
|||||(25,429)|
|||||(25,429)|
|||||(17,268)|
|||||(17,268)
58,808|
|||||41,540|
This page does not form part of the statutory financial statements. Page 14
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Detailed Statement of Financial Activities for the Year Ended 31 December 2024**
|**_Donations and legacies_**
Appeals and donations
Appeals and donations
Grants - other agencies
Grants - other agencies
**_Charitable activities_**
Insurance
Insurance
Wages and salaries
Wages and salaries
Pensions
Travelling and accommodation
Travelling and accommodation
Local facilitators
Training costs
Subsistence
Subsistence
Capacity building
Capacity building
Mentoring and training
Mentoring and training
Gambian office costs
Telephone and internet
Telephone and internet
Sundry expenses
Sundry expenses
Accounting fees
Accounting fees
Bank charges
Foreign currency (gains)/losses
Depreciation of plant and machinery||**2024**|**Total**
**£**
4,854
294
14,470
-
19,618
**Total**
**£**
(380)
(368)
(7,269)
-
(733)
(5,093)
(581)
(41)
(287)
(846)
(1,330)
(87)
(126)
(975)
(250)
(1,150)
(589)
(117)
-
(167)
340
(807)
(162)
(796)
(140)|**Total**
**2023**
**£**
-
76
4,584
3,501|
|---|---|---|---|---|
||**Unrestricted**
**funds**
**General**
**£**
-
294
-
-
294|**Restricted**
**funds**
**£**
4,854
-
14,470
-
19,324
**2024**|||
|||||8,161|
|||||**Total**
**2023**
**£**
(736)
-
(3,009)
(3,385)
(644)
(6,770)
-
(88)
(24)
(2,750)
-
(1,279)
-
(557)
-
(2,640)
-
-
(163)
-
(405)
-
(160)
(1,084)
(1,530)|
||**Unrestricted**
**funds**
**General**
**£**
-
(368)
-
-
-
-
(581)
-
-
-
(1,330)
-
(126)
-
(250)
-
-
(117)
-
(167)
-
(807)
-
-
-|**Restricted**
**funds**
**£**
(380)
-
(7,269)
-
(733)
(5,093)
-
(41)
(287)
(846)
-
(87)
-
(975)
-
(1,150)
(589)
-
-
-
340
-
(162)
(796)
(140)|||
This page does not form part of the statutory financial statements. Page 15
## **BE REEL (BUILDING EMPOWERMENT: RURAL ECONOMIC ENGAGEMENT IN LIFE)**
## **Detailed Statement of Financial Activities for the Year Ended 31 December 2024**
|Depreciation of office equipment
**_Transfers between funds_**
Funds - Transfer from another fund
Funds - Transfer to another fund||**2024**|**Total**
**£**
-
(21,954)
**2024**
**Total**
**£**
-
-
-|**Total**
**2023**
**£**
(205)|
|---|---|---|---|---|
||**Unrestricted**
**funds**
**General**
**£**
-
(3,746)|**Restricted**
**funds**
**£**
-
(18,208)|||
|||||(25,429)|
|||||**Total**
**2023**
**£**
1,283
(1,283)|
|||||-|
This page does not form part of the statutory financial statements. Page 16