CHARITY REGISTRATION NUMBER: 1179117
Red Eagle Foundation Unaudited Financial Statements 31 December 2025
BURGESS HODGSON LIMITED
Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN
Red Eagle Foundation
Financial Statements
Year ended 31 December 2025
| Pages | Pages | |
|---|---|---|
| Trustees' annual report | 1 | to 4 |
| Independent examiner's report to the trustees | 5 | |
| Statement of financial activities | 6 | |
| Statement of financial position | 7 | |
| Notes to the financial statements | 8 to 14 | |
| The following pages do not form part of the financial | statements | |
| Detailed statement of financial activities | 16 | |
| Notes to the detailed statement of financial activities | 17 |
Page 1
Red Eagle Foundation
Trustees' Annual Report
Year ended 31 December 2025
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2025.
Reference and administrative details
Registered charity name Red Eagle Foundation Charity registration number 1179117 Principal office Shakespeare House 147 Sandgate Road Folkestone Kent CT20 2DA
The trustees
N J Everson Dr G Benson A Selmon W Hodgson A Nighean Gordon (Resigned 1 March 2025) C Reid J Hodgson (Resigned 1 January 2025)
Independent examiner
Harry Kemp, Chartered Accountant, BSc BFP FCA
Page 2
Red Eagle Foundation
Trustees' Annual Report (continued)
Year ended 31 December 2025
Structure, governance and management
The Trustees of the Charity were granted a certificate of incorporation by the Charity Commission on 9 July 2018, under the name Red Eagle Foundation. The charity operates as a charitable incorporated organisation (CIO).
New trustees are appointed by the Board of Trustees through selection as vacancies arise. The process of the appointment of new trustees is detailed below.
(1) At the first annual general meeting of the members of the CIO all the charity trustees shall retire from office;
(2) The charity trustees to retire by rotation shall be those who have been longest in office since their last appointment or reappointment. If any trustees were last appointed or reappointed on the same day those to retire shall (unless they otherwise agree among themselves) be determined by lot;
(3) The vacancies so arising may be filled by the decision of the members at the annual general meeting; any vacancies not filled at the annual general meeting may be filled as provided in sub-clause (5) of this clause;
(4) The members or the charity trustees may at any time decide to appoint a new charity trustee, whether in place of a charity trustee who has retired or been removed in accordance with clause 15 (Retirement and removal of charity trustees), or as an additional charity trustee, provided that the limit specified in clause 12(3) on the number of charity trustees would not as a result be exceeded;
(5) A person so appointed by the members of the CIO shall retire in accordance with the provisions of sub-clauses (2) and (3) of this clause. A person so appointed by the charity trustees shall retire at the conclusion of the next annual general meeting after the date of his or her appointment, and shall not be counted for the purpose of determining which of the charity trustees is to retire by rotation at that meeting.
The trustees hold face to face meetings on a monthly basis to consider the management and operation of the charity's objectives and funds. The trustees monitor the Charity's internal controls and potential areas of risk to its assets and reserves. Where potential risks are identified appropriate safeguards are introduced.
Objectives and activities
The Charity was formed in 2018 to promote the empowering of disadvantaged children. The Charity aims to relieve the needs of children with mobility, mental health and learning difficulties, and those from a disadvantaged financial background in particular, but not exclusively, by the provision of funding for equipment not provided by the NHS.
The charity raises funds in numerous ways by running various events such as golf days, quizzes, theatre experiences and many more.
Red Eagle Foundation is a grant-making trust supporting general charitable purposes. It is the policy of the trustees to make grants to a wide range of charitable bodies and individuals. Grants are made primarily, but not limited to, registered charities, charitable organisations and individuals in the UK within the following funding areas: Physical Health, Mental Health and Education.
All grant applications are reviewed within our monthly trustee meetings where the trustees ensure all successful applications not only meet our charitable objectives but also have a public benefit as required in section 17(5) of the Charities Act and the Charities Regulations 2008 issued by the charity commission. We refer to the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.
Page 3
Red Eagle Foundation
Trustees' Annual Report (continued)
Year ended 31 December 2025
Achievements and performance
A number of events were held throughout 2025 including celebrity golf events, fun runs and other fundraising activities. We also received funding from a number of individuals that chose to run marathons for us or chose us as their 'charity of the year' via their business. We also received funding through matched funding from organisations who have charity budgets. We made increased grants throughout the year with a noticeable increase in requests for bespoke and specialised buggies for disabled children and holidays and special events for children with life limiting illnesses.
Financial review
The activities of the year generated an increase in funds of £12,793 (2024: an increase in funds of £22,080). The movement in funds is after income of £271,590 (2024: £211,218) from donations.
The core activities of the charity have remained largely unchanged to that of the previous year.
The total reserves at the year end were £42,572 (2024: £29,779). The Trustees held cash of £44,600 (2024: £31,449).
Financial reserves policy
The charity does not have a specific policy regards reserves. It is the responsibility of the treasurer to maintain enough money in the bank account to fund all forthcoming grants and expenses. At no point during the financial period was the account overdrawn. In the current year, the charity operated at a profit after donations were made.
The funds in the bank account will be applied towards the Charity's goals in the future. The trustees regularly review the level of reserves and are of the opinion that the current levels are satisfactory to meet its needs effectively.
Risks
The Trustees have examined the major strategic, business and operational risks involved in the Charity's activities and are satisfied that appropriate reports and information have been produced to allow them to run the Charity's operations satisfactorily. The trustees consider it is appropriate to make a written record of the risks that they face and the action they take in response to these risks.
Risks considered are as follows:-
-
LIQUID ASSETS - Apart from cash required for the day-to-day management of the charity, a surplus is usually held in the bank account. The trustees also review the safety of their bank from time to time.
-
The Trustees recognise that operating charitable events involves health and safety and safeguarding issues. The Trustees take a close interest in all aspects of management of the events where risks are reviewed beforehand and concerns identified. The activities of the year generated an increase in funds of £12,793 (2024: an increase in funds of £22,080). The movement in funds is after income of £271,590 (2024: £211,218) from donations.
The core activities of the charity have remained largely unchanged to that of the previous year.
Page 4
Red Eagle Foundation
Trustees' Annual Report (continued)
Year ended 31 December 2025
Plans for future periods
The Charity plans to continue promoting the importance of relieving the needs of children with mobility, mental health and learning difficulties by raising funds through events and providing funding for equipment not readily available.
The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:
Wayne Hodgson (Apr 30, 2026 11:06:01 GMT+1)
W Hodgson Trustee
Page 5
Red Eagle Foundation
Independent Examiner's Report to the Trustees of Red Eagle Foundation
Year ended 31 December 2025
I report to the trustees on my examination of the financial statements of Red Eagle Foundation ('the charity') for the year ended 31 December 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Harry Kemp, Chartered Accountant, BSc BFP FCA Independent Examiner
Kemps Accounting Solutions Ltd 42A High Street Broadstairs Kent CT10 1JT
Page 6
Red Eagle Foundation
Statement of Financial Activities
Year ended 31 December 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 4 | 269,246 | 2,000 | 271,246 | 209,434 |
| Other income | 5 | 344 | – | 344 | 1,784 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Total income | 269,590 | 2,000 | 271,590 | 211,218 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| Expenditure | |||||
| Expenditure on charitable activities | 6,7 | 258,797 | – | 258,797 | 189,138 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Total expenditure | 258,797 | – | 258,797 | 189,138 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Net income and net movement in | funds | 10,793 | 2,000 | 12,793 | 22,080 |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 29,779 | – | 29,779 | 7,699 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Total funds carried forward | 40,572 | 2,000 | 42,572 | 29,779 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 8 to 14 form part of these financial statements.
Page 7
Red Eagle Foundation
Statement of Financial Position
31 December 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 13 | 396 | 610 |
| Current assets | |||
| Debtors | 14 | 211 | – |
| Cash at bank and in hand | 44,600 | 31,449 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 44,811 | 31,449 | ||
| Creditors: amounts falling due within one year | 15 | 2,635 | 2,280 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Net current assets | 42,176 | 29,169 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total assets less current liabilities | 42,572 | 29,779 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Net assets | 42,572 | 29,779 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Funds of the charity | |||
| Restricted funds | 2,000 | – | |
| Unrestricted funds | 40,572 | 29,779 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total charity funds | 17 | 42,572 | 29,779 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by:
Wayne Hodgson (Apr 30, 2026 11:06:01 GMT+1)
W Hodgson Trustee
The notes on pages 8 to 14 form part of these financial statements.
Page 8
Red Eagle Foundation
Notes to the Financial Statements
Year ended 31 December 2025
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Shakespeare House, 147 Sandgate Road, Folkestone, Kent, CT20 2DA.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
Page 9
Red Eagle Foundation
Notes to the Financial Statements (continued)
Year ended 31 December 2025
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Page 10
Red Eagle Foundation
Notes to the Financial Statements (continued)
Year ended 31 December 2025
3. Accounting policies (continued)
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
- 25% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of financial activities in other administrative expenses.
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 269,246 | – | 269,246 |
| Grants | |||
| Grants receivable | – | 2,000 | 2,000 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| 269,246 | 2,000 | 271,246 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 209,434 | – | 209,434 |
Page 11
Red Eagle Foundation
Notes to the Financial Statements (continued)
Year ended 31 December 2025
4. Donations and legacies (continued)
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Grants | |||||
| Grants receivable | – | – | – | ||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||
| 209,434 | – | 209,434 | |||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |||
| 5. | Other income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2025 | Funds | 2024 | ||
| £ | £ | £ | £ | ||
| Other income | 344 | 344 | 1,784 | 1,784 | |
| ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ||
| 6. | Expenditure on charitable activities | by fund type | |||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2025 | Funds | 2024 | ||
| £ | £ | £ | £ | ||
| Relieving needs of children with | |||||
| mobility, mental health and learning | |||||
| difficulties | 176,920 | 176,920 | 121,755 | 121,755 | |
| Support costs | 81,877 | 81,877 | 67,383 | 67,383 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| 258,797 | 258,797 | 189,138 | 189,138 | ||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| 7. | Expenditure on charitable activities | by activity type | |||
| Activities | |||||
| undertaken | Total funds | Total fund | |||
| directly Support costs | 2025 | 2024 | |||
| £ | £ | £ | £ | ||
| Relieving needs of children with | |||||
| mobility, mental health and learning | |||||
| difficulties | 176,920 | 79,531 | 256,451 | 186,858 | |
| Governance costs | – | 2,346 | 2,346 | 2,280 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| 176,920 | 81,877 | 258,797 | 189,138 | ||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ |
Page 12
Red Eagle Foundation
Notes to the Financial Statements (continued)
Year ended 31 December 2025
8. Analysis of support costs
| Analysis of | ||||
|---|---|---|---|---|
| support costs | ||||
| for the | ||||
| relieving the | ||||
| needs of | ||||
| children with | ||||
| mobility, | ||||
| mental health | ||||
| and learning | ||||
| difficulties | Total 2025 | Total 2024 | ||
| £ | £ | £ | ||
| Staff costs | 77,221 | 77,221 | 62,010 | |
| Communications and IT | 138 | 138 | 125 | |
| General office | 1,570 | 1,570 | 2,424 | |
| Finance costs | 308 | 308 | 319 | |
| Governance costs | 2,346 | 2,346 | 2,280 | |
| Support costs - Other costs type 1 | 294 | 294 | 225 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 81,877 | 81,877 | 67,383 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| 9. | Net income | |||
| Net income is stated after charging/(crediting): | ||||
| 2025 | 2024 | |||
| £ | £ | |||
| Depreciation of tangible fixed assets | 294 | 225 | ||
| ৶৶৶৶ | ৶৶৶৶ | |||
| 10. | Independent examination fees | |||
| 2025 | 2024 | |||
| £ | £ | |||
| Fees payable to the independent examiner for: | ||||
| Independent examination of the financial statements | 1,020 | 1,020 | ||
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | |||
| 11. | Staff costs | |||
| The total staff costs and employee benefits for the reporting period are | analysed as | follows: | ||
| 2025 | 2024 | |||
| £ | £ | |||
| Wages and salaries | 70,231 | 45,839 | ||
| Employer contributions to pension plans | 1,486 | 1,172 | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |||
| 71,717 | 47,011 | |||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
The average head count of employees during the year was 2 (2024: 2).
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
12. Trustee remuneration and expenses
No remuneration, benefits or expenses were paid to the Trustees of the Charity in the current or previous year.
Page 13
Red Eagle Foundation
Notes to the Financial Statements (continued)
Year ended 31 December 2025
13. Tangible fixed assets
| Equipment | |
|---|---|
| £ | |
| Cost | |
| At 1 January 2025 | 1,175 |
| Additions | 80 |
| ৄৄৄৄৄৄৄ | |
| At 31 December 2025 | 1,255 |
| ৶৶৶৶৶৶৶ | |
| Depreciation | |
| At 1 January 2025 | 565 |
| Charge for the year | 294 |
| ৄৄৄৄৄৄৄ | |
| At 31 December 2025 | 859 |
| ৶৶৶৶৶৶৶ | |
| Carrying amount | |
| At 31 December 2025 | 396 |
| ৶৶৶৶৶৶৶ | |
| At 31 December 2024 | 610 |
| ৶৶৶৶৶৶৶ |
14. Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Prepayments and accrued income | 211 | – | |
| ৶৶৶৶ | ৶৶৶৶ | ||
| 15. | Creditors: amounts falling due within one year | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Accruals and deferred income | 2,346 | 2,280 | |
| Other creditors | 289 | – | |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ||
| 2,635 | 2,280 | ||
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ |
16. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £1,486 (2024: £1,172).
Page 14
Red Eagle Foundation
Notes to the Financial Statements (continued)
Year ended 31 December 2025
17. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | |||||
|---|---|---|---|---|---|
| At | At | ||||
| 1 | January 202 | 31 December | |||
| 5 | Income | Expenditure | 2025 | ||
| £ | £ | £ | £ | ||
| General funds | 29,779 | 269,590 | (258,797) | 40,572 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| At | At | ||||
| 1 | January 202 | 31 December | |||
| 4 | Income | Expenditure | 2024 | ||
| £ | £ | £ | £ | ||
| General funds | 7,699 | 211,218 | (189,138) | 29,779 | |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Restricted funds | |||||
| At | At | ||||
| 1 | January 202 | 31 December | |||
| 5 | Income | Expenditure | 2025 | ||
| £ | £ | £ | £ | ||
| Restricted Fund 1 - desc in a/cs | – | 2,000 | – | 2,000 | |
| ৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶ | ||
| At | At | ||||
| 1 | January 202 | 31 December | |||
| 4 | Income | Expenditure | 2024 | ||
| £ | £ | £ | £ | ||
| Restricted Fund 1 - desc in a/cs | – | – | – | – | |
| ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ||
| 18. | Analysis of net assets between funds | ||||
| Unrestricted | Total Funds | ||||
| Funds | 2025 | ||||
| £ | £ | ||||
| Tangible fixed assets | 396 | 396 | |||
| Current assets | 44,811 | 44,811 | |||
| Creditors less than 1 year | (2,635) | (2,635) | |||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||||
| Net assets | 42,572 | 42,572 | |||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||||
| Unrestricted | Total Funds | ||||
| Funds | 2024 | ||||
| £ | £ | ||||
| Tangible fixed assets | 610 | 610 | |||
| Current assets | 31,449 | 31,449 | |||
| Creditors less than 1 year | (2,280) | (2,280) | |||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||||
| Net assets | 29,779 | 29,779 | |||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
19. Related parties
During the year, there were no transactions with related parties (2024: Nil).
Page 15
Red Eagle Foundation
Management Information
Year ended 31 December 2025
The following pages do not form part of the financial statements.
Page 16
Red Eagle Foundation
Detailed Statement of Financial Activities
Year ended 31 December 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| Donations | 269,246 | 209,434 |
| Grants receivable | 2,000 | – |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| 271,246 | 209,434 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| Other income | ||
| Other income | 344 | 1,784 |
| ৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| Total income | 271,590 | 211,218 |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |
| Expenditure | ||
| Expenditure on charitable activities | ||
| Purchases | 44,596 | 37,568 |
| Wages and salaries | 70,231 | 45,839 |
| Pension costs | 1,486 | 1,172 |
| Other establishment | 132,324 | 84,187 |
| Other motor/travel costs | 1,566 | – |
| Legal and professional fees | 6,284 | 17,279 |
| Telephone | 138 | 125 |
| Other office costs | 1,570 | 2,424 |
| Depreciation | 294 | 225 |
| Bank charges | 308 | 319 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| 258,797 | 189,138 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| Total expenditure | 258,797 | 189,138 |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| Net income | 12,793 | 22,080 |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ |
Page 17
Red Eagle Foundation
Notes to the Detailed Statement of Financial Activities
Year ended 31 December 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Expenditure on charitable activities | ||
| Relieving needs of children with mobility, mental health and learning difficulties | ||
| Activities undertaken directly | ||
| Direct charitable activity 1 - donations | 44,596 | 37,568 |
| Direct charitable activity 1 - event set up costs | 132,324 | 84,187 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| 176,920 | 121,755 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| Support costs | ||
| Support charitable activity 1 - wages/salaries | 70,231 | 45,839 |
| Support charitable activity 1 - pension costs | 1,486 | 1,172 |
| Support charitable activity 1 - other motor/travel costs | 1,566 | – |
| Support charitable activity 1 - legal and professional fees | 3,938 | 14,999 |
| Support charitable activity 1 - telephone | 138 | 125 |
| Support charitable activity 1 - other office costs | 1,570 | 2,424 |
| Support charitable activity 1 - depreciation | 294 | 225 |
| Support charitable activity 1 - charges and fees | 308 | 319 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 79,531 | 65,103 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Governance costs | ||
| Governance costs - accountancy fees | 2,346 | 2,280 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| Expenditure on charitable activities | 258,797 ৶৶৶৶৶৶৶৶৶ |
189,138 ৶৶৶৶৶৶৶৶৶ |
R673 - Red Eagle Foundation - Signed IE
Final Audit Report
2026-04-30
Created: 2026-04-28 By: Burgess Hodgson (esign@burgesshodgson.co.uk) Status: Signed Transaction ID: CBJCHBCAABAABQgqMI3qzyY3U3JJWWyxiDvyGEE-5kdf
"R673 - Red Eagle Foundation - Signed IE" History
Document created by Burgess Hodgson (esign@burgesshodgson.co.uk)
2026-04-28 - 13:54:08 GMT- IP address: 80.88.222.146
Document emailed to nds@burgesshodgson.co.uk for signature
2026-04-28 - 13:54:14 GMT
Email viewed by nds@burgesshodgson.co.uk
2026-04-30 - 10:05:34 GMT- IP address: 191.96.168.76
Signer nds@burgesshodgson.co.uk entered name at signing as Wayne Hodgson 2026-04-30 - 10:05:59 GMT- IP address: 191.96.168.76
Document e-signed by Wayne Hodgson (nds@burgesshodgson.co.uk)
Signature Date: 2026-04-30 - 10:06:01 GMT - Time Source: server- IP address: 191.96.168.76
Agreement completed.
2026-04-30 - 10:06:01 GMT