2023-12-31-accounts

	Page
Trustees' annual report	14
lndependentexaminer'sreportto thetrustees	5
Statementoffinancialactivities	6
Statementoffinancialposition	7
Notestothefinancialstatements	8-13
Thefollowingpagesdonotformpart ofthefinancialstatements
Detailed statementoffinancialactivities	15
Notesto the detailed statementoffinancial activities	16

Reference andadministrative d	etails
Registeredcharityname	Red Eagle Foundation
Charityregistrationnumber	1179117
Principal office	Shakespeare House
	147Sandgate Road
	Folkestone
	Kent
	CT2O2DA
Thetrustees
	WHodgson
	ANighean Gordon	(Appointed28January2023)
	CReid	(Appointed16January 2023)
	M Marriner	(Servedfrom16January 2023 to 'INovember 2023)
	JHodgson
Accountants	Burgess Hodgson LLP
	Chartered accountants
	Camburgh House
	27New DoverRoad
	Canterbury
	Kent
	CT13DN
Accountants	Kemps Accounting Solutions	Limited
	Chartered accountants
	42AHigh Street
	Broadstairs
	Kent
	CTlOlJT

Yearended31	Decembe	r 2023
		2023		2022
	Unrestricted
	Note	Totalfunds t fundsTotalfunds E€
lncome andendowments Donations and legacies Other income	4 5	137,521 17	137,521 17	52,099
Totalincome		137,538	137,538	52,099
Expenditure Expenditureoncharitable activities	6,7	148,431	148,431	72,410
Totalexpenditure		148,431	148,431	72,410
Netexpenditure and net movementinfunds		(10,8e3)	(10,8e3)	(20,311)
Reconciliation offunds Totalfundsbroughtforward	16	18,592	18,592	38,903
Totalfunds carriedforward		7,699	7,699	18,592

		2023	2022
	Note	f	f
Fixed assets
Tangible fixed assets	12	339	509
Gurrentassets
Cash at bank andinhand		9,580	19,883
Creditors: amountsfallingduewithinoneyear	13	2,220	1,800
Netcurrent assets		7,360	18,083
Totalassets lesscurrent liabilities		7,699	18,592
Netassets		7,699	18,592
Fundsof the charity Unrestricted funds		7,699	18,592
Totalcharityfunds	15	7,699	18,592

impairment. lfan arrangem Donations and legacies 4.	entconstitutesafinancetransactionit is	measured at pr	esent	value.
	Unrestricted Total Funds Funds 2023 e€	Unrestricted Funds e	Total	Funds 2022 E
Donations
Donations	137,521137,521 52,099			52,099
5.Otherincome
Other income	Unrestricted TotalFunds Funds 2023 E€1! :7	Unrestricted Funds e	Total	Funds 2022 e

Yearend Expenditure on charitableactivities	ed31December 2023 byfund type	ed31December 2023 byfund type
	Unrestricted Total Funds Funds 2023 €t		Unrestricted Funds €	Total	Funds 2022 E
Relieving needsofchildren with
mobility, mental healthandlearning
difficulties	90,862	90,862	62,476		62,476
Support costs	57,569	57,569	9,934		9,934
	148,431	148,431 72,410			72,410

Expenditure on charitableactivities	byactivity type
	Activities
	undertaken directly t	SupportTotalfunds costs 2023 e€		Totalfund 2022 €
Relieving needsofchildren with
mobility, mental health and learning
difficulties	90,862	55,349	146,211	70,610
Governance costs		2,220	2,220	1,800
	90,862	57,569	148,43172,410

8.	Analysis ofsupportcosts
		Analysis of
		support costs
		for the
		relieving the
		needsof
		children with
		mobility,
		mental health
		and learning
		difficulties	Total2023		Total2022
		t		€	€
	Staff costs	53,407		53,407	7,296
	Communicationsand lT	158		158	78
	Generaloffice	1,314		1,314
	Human resources				244
	Finance costs	300		300	346
	Governance costs	2,220		2,220	1,800
	Depreciation	170		170	170
		57,569		57,569	9,934
I	Netexpenditure
	Netexpenditure is statedaftercharging/(crediting):
	Depreciation of tangiblefixedassets			2023 t!!	2022 € 170

lndependent examination fees
	2023	2022
	€	e
Fees payabletotheindependent examinerfor: lndependentexaminationof the financial statements	1,020	850

	Tangible fixed assets
			Equipment
			€
	Cost
	AtlJanuary 2023and31December2023		6?9
	Depreciation
	At1January 2023		170
	Charge for theyear		170
	At31December 2023		340
	Garryingamount
	At31December2023		339
	At31December2022		509
	Creditors: amountsfallingduewithinoneyear
		2023 €	2022 t
	Accruals anddeferredincome	2,220	1,800

Unrestricted funds
		At		At
Generalfunds	1	January 20 23 e 18,592	lncome e 137,538	31Decembe Expenditurer 2023 ee (148,431)7,699
		At		At
Generalfunds	1	January20 22 e 38,903	lncome e 52,099	31 December Expenditure2022 EE (72,410)18,5e2

Analysisofnetassetsbetweenfunds
Tangible fixed assets Current assets Creditors lessthanlyear	Unrestricted Total Funds e€ 339 9,580 (2,220)	Funds 2023 339 9,580 (2,220)
Netassets	7,699	7,699
	Unrestricted Total	Funds
	Funds	2022
	e	E
Tangible fixed assets	509	509
Current assets	19,883	19,883
Creditors lessthan1year	(1,900)	(1,800)
Netassets	18,592	18,592

	2023 €	2022 t
lncome andendowments
Donations andlegacies Donations	137,521	52,099
Other income
Other income	17
Totalincome	137,538	52,099
Expenditure
Expenditure on charitableactivities
Purchases	40,498	50,981
Wages and salaries	14,050	7,296
Pension costs	573
Other establishment	50,364	11,495
Consultancy Telephone	41,004 158	2,044 78
Other office costs	1,314
Depreciation	170	170
Charges and fees	300	346
	148,431	72,410
Totalexpenditure	148,431	72,410
Netexpenditure	(10,8e3)	(20,311)

Expenditureon charitableactivities	2023 I	2022 L
Relieving needsof childrenwith mobility,mentalhealthandlearningdifficulties
Activ itiesundeftakendirecfly Direct charitableactivity1 -donations Direct charitableactivity1 -eventsetupcosts	40,49g 50,364	50,981 1'l,495
	90,862	62,476
Supportcosts
Support charitableactivity Support charitableactivity 1-wages/salaries 1-pensioncosts	14,050 573	7,296
Support charitableactivity Support charitableactivity 1-legal and professional fees 1-telephone	38,784 158	244 to
Suppod charitableactivity Support charitableactivity Support charitableactivity 1-other office costs 1-depreciation 1-charges and fees	1,314 170 300	170 346
	55,349	8,134
Governancecosts
Governance costs-accountancyfees	2,220	1,800
Expenditureon charitable activities	148,431	72,410