## ## ## ## ||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| ## ##