2023-12-31-accounts

GREEN WHALE FOUNDATION

Report and Financial Statements For the period 01.01.2023 to 31.12.2023

Charity Number 1180386

1

GREEN WHALE FOUNDATION

Contents

Company Informaton	3
CEO and Trustees’ Report	4-5
Statement of Financial Actvites	6
Balance Sheet	7
Notes to the Accounts :
Basis of Preparaton	8-9
Accountng Policies	10-13
Income	14
Expenditure	15-16
Tangible Fixed Assets	17
Creditors & Accruals	18
Cash at Bank and on hand	19

2

GREEN WHALE FOUNDATION

Company Information

Trustees:	Charlote Flynn ;
	Rosie Garthwaite;
	Elizabeth Hogg;
CEO:	Carolyn De Sousa
Registered Ofce:	Flat 3, Enderley House
	Sylvan Road, Crystal Palace
	London SE19 2RT
Charity Registraton No.	1180386

3

GREEN WHALE FOUNDATION

CEO AND TRUSTEES‘ REPORT

Summary of Charity activity 2023

a) Maternity Leave

There was limited activity in 2023 as the CEO, who worked mostly on a voluntary basis was on maternity leave until September 23.

b) Re-Brand and Strategy plan – Green Whale Foundation

In September 23, when the CEO returned from maternity leave, The Whale Company underwent a rebranding and strategy analysis process. As a result of this, the charity name was changed to Green Whale Foundation, the logo was amended, a new website was created and the charity activities were clearly set out with a focus on Paddle and Picks for schools.

c) Paddle and Picks – Schools

Green Whale Foundation is continuing its partnership with Active 360 Stand Up Paddleboarding to deliver a new Paddle and Pick School Programme. The programme has been specifically created to meet the needs of busy schools. For a full day experience, a class of 30 comes to Brentford lock where they divide into 2 groups. Half the class goes on an hour-long Paddle and Pick where they clear litter from the canal around Brentford Lock while the other half of the class participates in an educational treasure hunt along the canal followed by engaging talks about topical issues such as ultra-processed food, obesity and how they are linked with plastic pollution. After each of the sessions the two groups swap. In Autumn 23 all primary schools in Hounslow were contacted and several sessions were booked for Summer 24.

d) Paddle and Picks – Corporate

Green Whale Foundation continues to offer corporate paddle and picks. In 2023 £432 was raised from corporate paddle and picks, where volunteers cleared litter from the canals around Little Venice.

e) Bicycle shredder

Green Whale Foundation loaned the bicycle shredder to ART PLAY LONDON where it was used to shred the plastic collected from their plastic collection depot in central London and was an exciting addition to art workshops. In November 23, the shredder relocated to ‘BROTHER’S MAKE’, a family run business making products from 100% recycled plastic.

4

GREEN WHALE FOUNDATION

f) Funding

In 2023, Green Whale Foundation received £4,226 in donations. In Autumn/Winter 23 several funding applications were made; the results of which will be known in Spring 24.

Green Whale Foundation remains a 1% for the Planet Environmental Partner and is eligible to receive donations from 1% for the Planet members, on behalf of their annual 1% commitment. Members give directly to Environmental Partners and 1% for the Planet certifies these donations.

.

5

GREEN WHALE FOUNDATION

	Green Whale Foundation	Green Whale Foundation	Green Whale Foundation	Charity No	1180386	1180386
				Company No
	Annual accounts for the period
	Period start date		01.01.2023	To	Period end date	31.12.2023

Section A Statement of financial activities (including summary income and expenditure account)

Recommended categories by activity	Recommended categories by activity	Guidance Note	Unrestricted funds	Restricted income funds	Endowment funds	Total funds	Prior year funds
			£	£	£	£	£
Income(Note3)			F01	F02	F03	F04	F05
Income and endowments from:
Donations and legacies		S01	4,226		-	4,226	2,936
Charitable activities		S02		-	-	-
Other trading activities		S03	-	-	-	-	-
Investments		S04	-	-	-	-	-
Separate material item of income		S05	-	-	-	-	-
Other		S06	-	-	-	-	-
Total		S07	4,226	-	-	4,226	2,936
Expenditure(Notes6)
Expenditure on:
Raising funds		S08	1,088	-	-	1,088
Charitable activities		S09	263	1,578	-	1,841	6,282
Separate material expense item		S10
Other		S11	3,879		-	3,879	882
Total		S12	5,229	1,578	-	6,807	7,164
Net income/(expenditure) before tax for the reporting period		S13	1,003 -	1,578 -	-	2,581 -	4,228 -
Tax payable		S14	-	-	-	-	-
Net income/(expenditure) after tax before investmentgains/(losses)		S15	1,003 -	1,578 -	-	2,581 -	4,228 -
Net gains/(losses) on investments		S16	-	-	-	-	-
Net income/(expenditure)		S17	1,003 -	1,578 -	-	2,581 -	4,228 -
Extraordinary items		S18	-	-	-	-
Transfers between funds		S19	-	-	-	-	-
Other recognisedgains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use		S20		-	-	-	-
Other gains/(losses)		S21	-	-	-	-	-
Net movement in funds		S22	1,003 -	1,578 -	-	2,581 -	4,228 -
Reconciliation of funds:
Total funds brought forward		S23	5,880	3,855	-	9,735	13,963
Total funds carried forward		S24	4,877	2,277	-	7,154	9,735

6

GREEN WHALE FOUNDATION

Section B Balance sheet

	Guidance Note	Unrestricted funds	Restricted income funds	Endowment funds	Total this year	Total last year
		£	£	£	£	£
Fixed assets		F01	F02	F03	F04	F05
Intangible assets(Note 15)	B01	-	-	-	-	-
Tangible assets(Note 14)	B02	1,500	-	-	1,500	1,800
Heritage assets(Note 16)	B03	-	-	-	-	-
Investments(Note 17)	B04	-	-	-	-	-
Total fixed assets	B05	1,500	-	-	1,500	1,800
Current assets
Stocks(Note 18)	B06	-	-	-	-	-
Debtors(Note 19)	B07	-	-	-	-	-
Investments(Note 17.4)	B08	-	-	-	-	-
Cash at bank and in hand(Note 24)	B09	4,153	2,277	-	6,430	8,123
Total current assets	B10	4,153	2,277	-	6,430	8,123
Creditors: amounts falling due within oneyear(Note 20)	B11	776	-	-	776	188
Net current assets/(liabilities)	B12	3,377	2,277	-	5,654	7,935
Total assets less current liabilities	B13	4,877	2,277	-	7,154	9,735
Creditors: amounts falling due after one year(Note 20)	B14	-	-	-	-	-
Provisions for liabilities	B15	-	-	-	-	-
Total net assets or liabilities	B16	4,877	2,277	-	7,154	9,735
Funds of the Charity
Endowment funds (Note 27)	B17	-			-	-
Restricted income funds (Note 27)	B18		2,277		2,277	3,855
Unrestricted funds	B19	4,877		-	4,877 -	5,880
Revaluation reserve	B20
Fair value reserve	B21
Total funds	B22	4,877	2,277	-	7,154	9,735
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the smallcompanies regime and inaccordance with FRS102 SORP.
Signed by one or two trustees/directors on behalf of all the trustees/directors			Print Name			Date of approval dd/mm/yyyy
			C.J. De Sousa			01/02/2024

	Guidance Note	Unrestricted funds	Restricted income funds	Endowment funds	Total this year	Total last year
		£	£	£	£	£
Fixed assets		F01	F02	F03	F04	F05
Intangible assets(Note 15)	B01	-	-	-	-	-
Tangible assets(Note 14)	B02	1,500	-	-	1,500	1,800
Heritage assets(Note 16)	B03	-	-	-	-	-
Investments(Note 17)	B04	-	-	-	-	-
Total fixed assets	B05	1,500	-	-	1,500	1,800
Current assets
Stocks(Note 18)	B06	-	-	-	-	-
Debtors(Note 19)	B07	-	-	-	-	-
Investments(Note 17.4)	B08	-	-	-	-	-
Cash at bank and in hand(Note 24)	B09	4,153	2,277	-	6,430	8,123
Total current assets	B10	4,153	2,277	-	6,430	8,123
Creditors: amounts falling due within oneyear(Note 20)	B11	776	-	-	776	188
Net current assets/(liabilities)	B12	3,377	2,277	-	5,654	7,935
Total assets less current liabilities	B13	4,877	2,277	-	7,154	9,735
Creditors: amounts falling due after one year(Note 20)	B14	-	-	-	-	-
Provisions for liabilities	B15	-	-	-	-	-
Total net assets or liabilities	B16	4,877	2,277	-	7,154	9,735
Funds of the Charity
Endowment funds (Note 27)	B17	-			-	-
Restricted income funds (Note 27)	B18		2,277		2,277	3,855
Unrestricted funds	B19	4,877		-	4,877 -	5,880
Revaluation reserve	B20
Fair value reserve	B21
Total funds	B22	4,877	2,277	-	7,154	9,735
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the smallcompanies regime and inaccordance with FRS102 SORP.
Signed by one or two trustees/directors on behalf of all the trustees/directors			Print Name			Date of approval dd/mm/yyyy
			C.J. De Sousa			01/02/2024

7

GREEN WHALE FOUNDATION

Section C Notes to the accounts

Note 1Basis ofpreparation	Note 1Basis ofpreparation	Note 1Basis ofpreparation	Note 1Basis ofpreparation	Note 1Basis ofpreparation
This section should be completed by allcharities.
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have beenprepared in accordance with:
• and with*		the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
• and with*		the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
• and with theCharities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
* -Tick as appropriate
1.2 Going concern
If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:
An explanation as to those factors that support the conclusion that the charity is a going concern;			Not applicable
Disclosure of any uncertainties that make the going concern assumption doubtful;			Not applicable
Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.			Not applicable
1.3 Change of accounting policy
The accounts present a true and fair view and note { }.			no changes have been made to the accounting policies adopted in
Yes*		* -Tick as appropriate
No*	
Please disclose:
(i) the nature of the change in accounting policy;				Not applicable
(ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and				Not applicable
(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before thosepresented, 3.44 FRS102 SORP.				Not applicable

8

GREEN WHALE FOUNDATION

1.4 Changes to accounting estimates	1.4 Changes to accounting estimates	1.4 Changes to accounting estimates	1.4 Changes to accounting estimates
No changes to accounting		estimates have occurred in the reporting period (3.46 FRS102 SORP).
Yes*		* -Tick as appropriate
No*	
Please disclose:
(i) the nature of any changes;			Not applicable
(ii) the effect of the change on income and expense or assets and liabilities for the current period; and			Not applicable
(iii) where practicable, the effect of the change in one or more future periods.			Not applicable
1.5 Material prior year er		rors
No materialprior	year erro	r have been identified in the reporting period(3.47 FRS102 SORP).
Yes*		* -Tick as appropriate
No*	
Please disclose:
(i) the nature of the prior period error;			Not applicable
(ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and			Not applicable
(iii) the amount of the correction at the beginning of the earliestpriorperiodpresented in the accounts.			Not applicable

9

GREEN WHALE FOUNDATION

Section C Notes to the accounts (cont)

Note 2 Accounting policies
This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.
2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE
Please provide a description of the nature of each change in accounting policy	Not applicable
Reconciliation of funds per previous GAAP to funds determined under FRS 102
	Start of period	End of period
	£	£
Fund balances as previously stated
Adjustments:
Fund balance as restated
Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102
		End of
		£
Net income/(expenditure) as previously stated
Adjustments:
Previous period net income/(expenditure) as restated

10

GREEN WHALE FOUNDATION

Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	(cont)	(cont)	(cont)
Note 2 Accounting policies
2.2 INCOME
Recognition of income	These are included in the Statement of Financial Activities (SoFA) when:
	 the charity becomes entitled to the resources;
	 it is more likely than not that the trustees will receive the resources;				Yes*
	 the monetary value can be measured with sufficient reliability.				X		
Offsetting	There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.				Yes*
							
Grants and donations	Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).				Yes*
							
	In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP).						N/a*
							
Legacies	Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met.						N/a*
							
Government grants	The charity has received government grants in the reporting period					No*
						X	
Tax reclaims on donations and gifts	Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.				Yes*
							X
Contractual income and performance related grants	This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions.				Yes*
							
Donated goods	Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.						N/a*
							
	The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carryingamount of the stocks at distribution.						N/a*
							
	Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other tradingactivities'.						N/a*
							
	Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable.				Yes*	No*	N/a*
							
	Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.						N/a*
							

11

GREEN WHALE FOUNDATION

Donated services and facilities	Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably.		Yes*
					
	Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate headingin the SOFA.		Yes*
					
Support costs	The charity has incurred expenditure on support costs.				N/a*
					
Volunteer help	The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.				N/a*
					
Income from interest, royalties and dividends	This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.				N/a*
					
Income from membership subscriptions	Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies.				N/a*
					
	Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.				N/a*
					
Settlement of insurance claims	Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA.				N/a*
					
Investment gains and losses	This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.				N/a*
					
2.3 EXPENDITURE AND LIABILITIES
Liability recognition	Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.		Yes*
					
Governance and support costs	Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.		Yes*
					
	Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.				N/a*
					
Grants with performance conditions	Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output.				N/a*
					
Grants payable without performance conditions	Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised.				N/a*
					
Redundancy cost	The charity made no redundancy payments during the reporting period.		Yes*
					
Deferred income	No material item of deferred income has been included in the accounts.		Yes*
					
Creditors	The charity has creditors which are measured at settlement amounts less any trade discounts		Yes*
					
Provisions for liabilities	A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date		Yes*
					
Basic financial instruments	The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.				N/a*
					

12

GREEN WHALE FOUNDATION

2.4 ASSETS
Tangible fixed assets for use by charity	These are capitalised if they can be used for more than one year, and cost at least
	They are valued at cost.				Yes
					X		
	The depreciation rates and methods used are disclosed in note 14.
Intangible fixed assets	The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 15.					No*
							
	They are valued at cost.						N/a*
							
Heritage assets	The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 16.						N/a*
							
							N/a*
	They are valued at cost.						
Investments	Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.						N/a*
							
	Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments						N/a*
							
Stocks and work in progress	Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value.						N/a*
							
	Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.						N/a*
							
	Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.						N/a*
							
Debtors	Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.				Yes*
							
Current asset investments	The charity has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due.						N/a*
							
							N/a*
	They are valued at fair value except where they qualify as basic financial instruments.						
POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

13

GREEN WHALE FOUNDATION

Section C Notes to the accounts

Note 3	Income
	Analysis of income	Unrestricted funds	Restricted income funds	Endowment funds	Total funds	Prioryear
					£	£
Donations and legacies:	Donations andgifts	4,226		-	4,226	2,936
	GiftAid	-	-	-	-	-
	Legacies	-	-	-	-	-
	General grants provided by government/other charities	-	-	-	-	-
	Membership subscriptions and sponsorships which are in substance donations	-	-	-	-
	Donated goods,facilities and services	-	-	-	-	-
	Other		-	-	-
	Total	4,226	-	-	4,226	2,936
Charitable activities:			-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-
Other trading activities:		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-
Income from investments:	Interest income	-	-	-	-	-
	Dividendincome	-	-	-	-	-
	Rental and leasingincome	-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-
Separate material item of income		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total	-	-	-	-	-
Other:	Conversion of endowment funds into income	-	-	-	-	-
	Gain on disposal of a tangible fixed asset held for charity's own use	-	-	-	-	-
	Gain on disposal of a programme related investment	-	-	-	-	-
	Royalties from the exploitation of intellectual propertyrights	-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-
TOTAL INCOM	E	4,226	-	-	4,226	2,936
Other informati	on:
All income in the prior year was unrestricted except for: (please provide description and amounts)		N/A
Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.		N/A
Where any endowment fund is converted into income in the prior period, please give the reason for the conversion.		N/A
Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)		N/A
This year: Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).		N/A
Last year: Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).		N/A

14

GREEN WHALE FOUNDATION

Section C	Section C	Notes to the accounts	Notes to the accounts	Notes to the accounts	Notes to the accounts	Notes to the accounts	(cont)	(cont)	(cont)
Note 6 Expenditure
		This year					Last year
Analysis		Unrestricted funds	Restricted income funds	Endowment funds	Total funds	Unrestricted funds	Restricted income funds	Endowment funds	Total funds
Expenditure on raising funds:					£				£
Incurred seeking donations		1,088	-	-	1,088		-	-	-
Incurred seeking legacies		-	-	-	-	-	-	-	-
Incurred seeking grants		-	-	-	-	-	-	-	-
Operating membership schemes and social lotteries		-	-	-	-	-	-	-	-
Staging fundraising events			-	-	-	-	-	-	-
Fudraising agents		-	-	-	-	-	-	-	-
Operating charity shops		-	-	-	-	-	-	-	-
Operating a trading company undertaking non-charitable trading activity		-	-	-	-	-	-	-	-
Advertising, marketing, direct mail and publicity		-	-	-	-	-	-	-	-
Start up costs incurred in generating new source of future income			-	-	-	-	-	-	-
Database development costs		-	-	-	-	-	-	-	-
Other trading activities		-	-	-	-	-	-	-	-
Investment management costs:		-	-	-	-	-	-	-	-
Portfolio management costs		-	-	-	-	-	-	-	-
Cost of obtaining investment advice		-	-	-	-	-	-	-	-
Investment administration costs		-	-	-	-	-	-	-	-
Intellectual property licencing costs		-	-	-	-	-	-	-	-
Rent collection, property repairs and maintenance charges		-	-	-	-	-	-	-	-
		-	-	-	-	-	-	-	-
Total expenditure on raising funds		1,088	-	-	1,088	-	-	-	-
Expenditure on charitable activities:
Project Costs		263	1,578	-	1,841	455	5,580		6,035
Promotional Literature (Brochures)				-	-	-	247		247
			-	-	-	-	-	-	-
		-	-	-	-	-	-	-	-
Total expenditure on charitable activities		263	1,578	-	1,841	455	5,827	-	6,282
Separate material item of expense
			-	-	-	-	-	-	-
			-	-	-	-	-	-	-
		-	-	-	-	-	-	-	-
Total		-	-	-	-	-	-	-	-
Other
Internet & Computer costs		655			655	334			334
Bank charges		67			67	60	-	-	60
Bookkeeping		150	-	-	150	188	-	-	188
Professional Management &Admin Fees		2,706	-	-	2,706	-	-	-	-
Depreciation		300	-	-	300	300	-	-	300
Total other expenditure		3,879	-	-	3,879	882	-	-	882
TOTAL EXPENDITURE		5,229	1,578	-	6,807	1,337	5,827	-	7,164

15

GREEN WHALE FOUNDATION

Other information:	Other information:
Analysis of expenditure on charitable activities
		This year				Last year
Activity or programme		Activities undertaken directly	Grant funding of activities	Support Costs	Total this year	Activities undertaken directly	Grant funding of activities	Support Costs	Total last year
		£	£	£	£	£	£	£	£
Paddle & Pick		1,579	-	-	1,579	6,035	-	-	6,035
Other		263	-	-	263	247	-	-	247
Total		1,841	-	-	1,841	6,282	-	-	6,282
This year: Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).				Not Applicable
Last year: Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).				Not Applicable

16

GREEN WHALE FOUNDATION

Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	(cont)
Note 14 Tangible fixed assets
Please complete this note if the charity has any tangible fixed assets
14.1 Cost or valuation
	Freehold land & buildings	Other land & buildings	Plant, machinery and motor vehicles	Fixtures, fittings and equipment	Total
	£	£	£	£	£
At the beginning of the year	-	-	3,000	-	3,000
Additions	-	-	-	-	-
Revaluations	-	-	-	-	-
Disposals	-	-	-	-	-
Transfers *	-	-	-	-	-
At end of the year	-	-	3,000	-	3,000
14.2 Depreciation and impairments
**Basis	SL or RB (Straight Line or Reducing Balance)	SL or RB	SL	SL or RB	SL or RB
** Rate	10%
At beginning of the year	-	-	1,200	-	1,200
Disposals	-	-	-	-	-
Depreciation	SL	-	300	-	300
Impairment	-	-	-	-	-
Transfers*	-	-	-	-	-
At end of the year	-	-	1,500	-	1,500
14.3 Net book value
Net book value at the beginning of the year	-	-	1,800	-	1,800
Net book value at the end of the year	-	-	1,500	-	1,500

17

GREEN WHALE FOUNDATION

Section C Notes to the accounts (cont)

Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
20.1 Analysis of creditors
	Amounts falling due within one year		Amounts falling due after more than one year
	This year	Last year	This year	Last year
	£	£	£	£
Accruals forgrantspayable	-	-	-	-
Bank loans and overdrafts	-	-	-	-
Trade creditors	-	-	-	-
Payments received on account for contracts or performance-related grants	-	-	-	-
Accruals and deferred income	-	-	-	-
Taxation and social security	-	-	-	-
Other creditors	776	188	-	-
Total	776	188	-	-

18

GREEN WHALE FOUNDATION

Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	(cont)	(cont)
Note 24Cash at bankand in hand
			Thisyear	Lastyear
			£	£
Short termcash investments (less than 3 months maturity date)			-	-
Short termdeposits			-	-
Cash at bankand on hand			6,430	8,123
Other			-	-
Total			6,430	8,123

19