Doc¥Jsign Envelop8 ID.. E24E933A4AC6-4373452A-3E7377914DDF IBIJOKE CHILDREN FOUNDATION UK REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED TH TO 30 JUNE 2024 Charity Registration No. 1183131
Do¢uslgn Envelop& ID.. E24Eg83A-EAC6-437&B52A-3E73779140DF IBIJOKE CHILDREN FOUNDATION UK CONTENTS Page Trustees, Annual Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes lo the Financial Statements
DocuÈign Envelope ID.. E24E933A-EAC6-4373-B5?A-3F73779140DF IBIJOKE CHILDREN FOUNDATION UK TH TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2024 The Trustees present their report and financial statements for the year ended 30th June 2024 for the Charitable Incotporated Organisation. The financial statemenls have been prepared in accordance with the Charitable Incorporated Organisation's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities= Statemenl of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland published IFRS 102) (effective 1. January 2019). OBJECTIVES AND ACTIVITIES The relief of poverty of children, young people and families in particular but not exclusively in Liverpool including by without limitation providing essentials items to individuals in need and the provision of a food bank, food pantry and welfare, edLJcation and employment advi and assistance to persons who, through lack of means, would otherwise be unable to obtain such services. To relieve poverty or financial hardship among refugees, asylum seekers, migrant workers and their dependant living in Liverpool and the surrounding area by providing interpretingl translating ladvocacylhealthlhousing advice and education. To advance education in particular but nol exclusively in the subjects of English, maths and science Ihrough the provision of a homework club for children. This has been achieved throLJgh sourcinglredistributing basic items such as.. food items, bedding, toiletries, small household goods, school uniforms, etc. Where there is a desperate need for these. We have been able to secure public donations lo support the cost of purchasing items as well as support from local businesses e.g. local M&S who we collect from them donations of food items for redistribulion 5 limes per week. ALDI stores who we also collect from them donations of food items for redistribution 7 times per week. the LIDL 5 days per week, Sainsbury's every week, and we also collect donations from Taza Supem)arkel. Through Neighbourly we've received 259.1Kg of food surplus and 392.7 tonnes Co2 food, and also 4.1 tonnes of products received from ALDI, M&S, LIDL and Sainsbury's in this end of the year report. Public Beneflt The Trustees acknowledged that the Charitable Incorporated Organisation complies with Section 4 of the Charities Act 2006 regarding providing a public benefit. ACHIEVEMENTS AND PERFORMANCE We have supported many low-income familieslindividuals in our charity with food bank, food pantry, clothes, school uniforms, bedding, small household goods, etc, most of our referrals came from agencies such as social workers, schools. children centres, elc. We have now added a food pantry to our services to give more choice, and access to balanced food as well as personal items, our food pantry strives to sustain and serve all members of Ihe Community Ms L mum-of four said she's grateful for the support she receives from our charity as it helps to take the pressure off her during this cost of living crisis, we focused upon providing support for the local familieslindividuals in Liverpool and the surrounding areas, we saw an increase irj demand for emergency food parcels and personal items compared to the same period in 2022. Some homeless people came to our office for food parcels support.
D(u5 Enve.fi)pp ID." E24E933A-EAC6-4373-B52A-3E73779140DF IBIJOKE CHILDREN FOUNDATION UK TH TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2024 We refer them to the Liverpool City Council and Whilechapel Centre for further support in getting accommodation for them. We proposed to promote equal opportunities, engagement with other communities, value cultural diversity and reduce disadvantage and exclusion. We have benefited over 4,000 people locally so far through our emergency food bank, food pantry, clothing, school uniforms, small household goods etc. We provide volunteer opportunities for refugees and unemployed people lo gain practical work experience, improving wellbeing through practical help. building teamwork, and building their confidence etc, to positively impact their living conditions. FINANCIAL REVIEW Total income for the year was £102,169 {2023.' £46,472), of which £76,143 {2023.- £47,686) related to funding for projects upon which restrictions are placed. Total expenditure for the year was £92,388 (2023: £62,309), leaving a surplus for the year of £9,781 {2023: deficit £15,837). At 30th June 2024 the Charitable Incorporated Organisation's reserves stood at £14,812 (2023.. £5,031), of which £2,57512023.' £4,791) represented restricted funds. Risk Management The main risks lo which the Charitable Incorporated Organisation is exposed as identified by the Trustees have been considered and systems have been established to miligate those risks. Reserves Policy It is the policy of the Charitable Incorporated Organisation to maintain unrestricted funds, which are free reserves of one month running costs should no further funding be received. As at the end of the financial year the unrestricted funds were £12,237. The Charitable Incorporated Organisalion requires £3,507 for three month running costs (Total £3,507). The trustees plan lo use Ihe balance of the unrestricted reserves to continue to provide support to those in need in our local community. PLANS FOR THE FUTURE We are currently looking for a bigger premises where we can provide all of our activities in one place, and we would like to employ 3 staff members to work in our organisation due lo expansion. STRUCTURE, GOVERNANCE AND MANAGEMENT Ibijoke Children Foundation UK is a regislered Charitable Incorporated Organisation ICIOI, number 1183131 formed on 26th April 2019, under the terms of their constilution dated 10 October 2018. There musl be at least tree trustees if the number falls below this minimum, the remaining Iruslees may act only to call a meeting of the trustees or appoint a new trustee. The maximum number of the trustees is six. Apart from the first appointed trustees, every trustee must be appointed for a term of three years by resolution passed at the properly convened rneeting Ihe board of trustees.
IBIJOKE CHILDREN FOUNDATION UK TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30TH JUNE 2024 AJI new trustees wlll recelve a current v8rslon of the constitutlon and a copy of th8 latest Charltable Incorporated Organlsatlon trustees, annual raport and statement of acunts. REFERENCE AND ADMINISTRATIVE DETAILS Narno Ibllok8 Chlldren Foundatlon UK Charlty number 1183131 Addrnss & Offlce 62 Prescot Road Fairfield Llverpool, L7 OJA The members of the Board of Trustees are as follows: J Aduroja (Appolnted 29th January 2024) J Ferguson J Haruna V Sefton Indepondent Examlnèr Mrs Ying Huang ACCA clo LCVS 151 Dale Stregt, Uverpool, L2 2AH Barclays Bank UK PIC Liverpool City Business 2 Lelcester LE 87 2BB Trusteos Bankers Signed on behalf of the TNstees J Feryuson. Trustee Q.4& ¥NtJAd z> Date
Docusign Envelope ID.. 4E933A-EAC64373-BS2A-37377Y14DDF INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF IBIJOKE CHILDREN FOUNDATION UK I report on the accounts of the Charitable Incorporated Organisation for the year ended 30 June 2024 which are set out on pages 6 to 18. R8s ective res onsibilities of trustees and examiner The Charitable Incorporated Organisation's Trustees are responsible for the preparation of the accounts. The Charitable Incorporated Organisation's Trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the chartieS Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5){b) of the Charities Act, and to state whether particular matters have come lo my attention. Basis of inde endent examiners statement My examination was carried out in accordance with general Directions giv8n by the Charity Commission. An examination includes a review of the accounting records kept by the Charitable Incorporated Organisation and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the staternent below. In connection with my examination, no matter has come lo my attention.. {11 which gives me reasonable cause to believe that in any material respect the requirements: lo keep accounting records in accordance with section 130 of the Charities Act., to prepare accounts which accord with the accounting records and comply with the accoLJnting requirements of the Charities Act have not been met; or 121 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. endent examiner's Inde statement Sl9Tr¥dby. Name: Mrs Ylng Huang Relevant professional qualification orV6'¥f.'AttA Address: c/0 LCVS 151 Dale Street. L2 2AH Dated.. 112712025
Docusign Env8lopÈ ID.. E24E933A-EACU373-852A4E7377g14DDF IBIJOKE CHILDREN FOUNDATION UK STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 TH Notes Unrestricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Income and Endowments from Donations Charitable activities Investments Other trading activities 2,030 22,431 29 1,536 2,030 98,574 29 1,536 219 36,971 2b 2c 2d 76,143 9,277 Total income 26,026 76,143 102,169 46,472 Expenditure on Charitable activities 14,029 78,359 92,388 62,309 Total expenditure 14,029 78,359 92,388 62,309 Net incomel{expenditure), net movement in funds 11.997 {2,2161 9,781 115,8371 Total funds brought fOard 8-10 240 4,791 5.031 20,868 Total funds caThied forward 8-10 12,237 2,575 14,812 5,031 The notes on pages 8 to 18 form part of these accounts. All the above amounts relale to continuing activities of the Charitable Incorporated Organisation.
IBIJOKE CHILDREN FOUNDATION UK BALANCE SHEET AS AT 30TH JUNE 2024 Not88 30th June 2024 30th Junè 2023 Flx•d asset8 Tangible fixed assets 18,053 24,689 Current as$frt8 Debtors Cash at bank and In hand 1.846 15,136 1,000 1,838 16,982 2,838 Curnnt Ilabllltles Creditors: amounts falling due within one year (7.551) (5,537) Net current assets 9,431 (2.699) Total assets less current Ilabllltles 27,484 21.990 Credltors: amounts falllng due after more than one year (12.672) (16.959) Net Assets 14812 5.031 Funds: Unrestricted funds Restricted funds 12.237 2,575 240 4,791 14,812 5.031 Approved by Trustees on I.hNu().1.. Z02¥ J Ferguson. Trustee
DoGu$ign Envelope ID.. E24E933A-EAC84373-B52A-3E7377914DDF IBIJOKE CHILDREN FOUNDATION UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 TH 1. Accounting Policies Basls of Accounting The financial statements have been prepared in accordance with the Statement of Recomrnended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS1021 effective 1. January 2019 and Charities Act 2011. The accounts have been prepared under the historical cost convention with items recognised at cost or transaclion value unless othewise stated in the relevant Note{s} to these accounts. 'rhe accounts are prepared in sterling, which is the functional currency of the Ch8ritable Incorporated Organisation. Monetary amounts in these financial statements are rounded to the nearest £. The Charitable Incorporated Organisation has taken advantage of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. Going con¢em At the time of approving the accounts, the Truste8s have a reasonable expectation that the Charitable Incorporated Organisalion has adeqLJate reserves to continue in operational existence for the foreseeable future. The Trustees have therefore adopted Ihe going conr basis of accounting in preparing the accounts. Fund accounting Unrestricted funds are free reserves available for the Trustees to apply in accordan with the organisation's objectives. Restricted funds are subject to specific restrictive conditions imposed by the donor. All restricted funds are accounted for as reslricted income and expenditur8. Income recognition All income is recognised once the Charitable Incorporated Organisation has entitlement to the income, there is sufficient rtainlY of receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably. Donalions and legacies comprise of donations which are recognised in the accounts when received, with the exceplion of known legacies which are accounted for when their receipt is certain. Income from charitable activities is recognised on an accrual's basis except for grants receivable, which are recognised on the date on which their unconditional payment is confirmed by the donor. Income from olher trading activities relates to sales of donated clothes when the amount is certain.
DocuskJn Envelope ID.. E24E933A-EAC6-4373-B52A-3E73779f4DDF IBIJOKE CHILDREN FOUNDATION UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 TH Fixed Assets Capital expendilure is stated in the balance sheet at cost less accurnulated depreciation. Depreciation is provided lo wrFte off the cost of each asset over its expected useful life as below.. Computer Equipment Fixtures & Fittings Leasehold Improvements Right of use asset Expenditure recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the Charitable Incorporated Organisation lo that expenditure, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accrual's basis. All expenses, including support costs and governan costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activities. Support and governance costs are applied to unrestricted funds unless specifically included in the reslrictions, as specified by the donor. Expenditure on charitable activities relate to the operation of the Charitable Incorporated Organisation comprising of direct charitable expenditure lo meet the objectives of the Charitable Incorporated Organisation. SLJPPOrt and governance casts relate to the management and operation of the organisation and also compliance with constitutional and statutory requirements in producing the annual report. These are dealt with in the Statement of Financial Activities when payment has been approved by the Charitable Incorporated Organisation. Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafls. 20 % per annum reducing balance basis 200/0 per annum reducing balance basis over the term of the lease on slraight line basis over the term of the lease on straight line basis Financial instruments The Charitable Incorporated Organisation has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charitsble Incorporated Organisation's bal8nGe sheet when Ihe Charitable Incorporated Organisation becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and sellle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constilules a financing transaction, where the transaction is measured at Ihe present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
DaSIgn Envelope ID". F24E933A-EACJ7B52AE7377914DDF IBIJOKE CHILDREN FOUNDATION UK TH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measLJred at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instnjments are subsequently carried at amortised cost, using the effective interest rate method. Derecognition of flnancial liabilities Financial liabilities are derecogni5ed when the Charilable Incorporated Organisation's contractual obligations expire or are discharged or cancelled. Crltlcal accounting estimates and judgements In the application of the Charitable Incorporated Organisation's accounting policies, the Trustees are required to make judgements. estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered lo be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the year in which the estimate is revised where the revision affects only that year, or in the year of the revision and future year where the revision affects both currenl and futur8 years. All expenditure is accounted for on an accrual basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activities. Support and govemance costs are applied to unrestricted funds unless specifically included in the restriclions, as specified by the donor. Cost of charitable activities relates to the operation of the Charitsble Incorporated Organisation comprising of direct charitable expenditure to meet the objectives of the Charitable Incorporated Organisation. Support and govemance costs relate to the management and operation of the organisalion and compliance with constilulional and statutory reqLJirements in producing the annual report. These are dealt with in the Statement of Financial Activities when payment has been approved by the Charitable Incorporated Organisation. Taxation Income and gains are exempl from taxation as they are received and applied for charitable purposes only. The Charitable Incorporated Organisation benefits from various exemptions from taxation afforded by lax legislation and are not liable to corporation tax on income or gains falling within those exemptions. The Charitable Incorporated Organisation is not able lo recover Value Added Tax. Expenditure is recorded in the accounts inclusive of VAT. io-
0(usign Enveiopg ID". E24E933A-EACeA373-B52A-3E7377914DDF IBIJOKE CHILDREN FOUNDATION UK rH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 2. Income and endowments from: Unrestricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Donations and legacies Donations 2,030 2,030 219 Income from donalions and legacies in 2023 related wholly to unrestricted funds b. Charitable activities Citizen Advice Liverpool Household Support Fund Eleanor Rathbone Charitable Trusl Julia and Hans Rausing Trust LCVS Lidl Community Fund Liverpool City CoLJncil National Lottery Community Fund Neighbourly Communily Fund Pantry income Picton and Kensington Family Hub Police Crime Commissioner School for Social Entrepreneurs Steve Morgan Foundation 19,834 19,834 5,000 10,216 5,000 1,280 1,280 3,000 42.179 42,179 9,755 22,431 22,431 350 500 2,000 10,000 350 500 2,000 10,000 4,000 22.431 76,143 98,574 36,971 Income from charitable activities in 2023 comprised £nil for unrestricted funds and £36,971 related to restricted funds. Investments Bank interest 29 29 Income from investments in 2023 related wholly to unrestricted funds d. Other trading activities Sales 1,536 1,536 9,277 Income from Other trading activities in 2023 relates wholly to unreslricted funds.
DoCun Enveh)pe ID.. E24E933A4AC6-4373-B52A4E7377914DDF IBIJOKE CHILDREN FOUNDATION UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 TH 3. Expenditure on charitable activities Direct charitable Expenditure Support & Governance Costs Total 2024 Total 2023 The relief of poverty among children, young people and their families in Liverpool 50,788 41,600 92,388 62,309 a. analysed as follows.. 2024 2023 Direct Charitable Expenditure.. Activities Volunteer expenses Food Equipment Room hire 25 2,500 22,255 1,199 2,000 45,479 265 3,044 50,788 25,979 Support and governance costs." Staff salary costs Pension Rent Office cost Building running costs Insurance Website Equipment hire Travel expenses Motor expenses Advertising Band and credit card charges Consultancy Payroll fees AountancY Depreciation right of use Depreciation 15,771 327 6,000 1,603 6,039 744 161 48 4.167 6,000 1,536 3,912 332 3,230 2,034 144 150 275 109 1,010 5,992 9,473 740 362 1,135 5,992 644 41,600 36,330 Total expenditure on charitable activities 92.388 62,309 £77,68612023'. £47,686) of the above expenditure is restricted expenditure. 12-
0Sign Env8lopB ID.. E24E933A-EAC64373-B52A-3ET377914DDF IBIJOKE CHILDREN FOUNDATION UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 TH b. Staff Costs There was one employee during the year ended up to 30th June 2024 (2023= 1). 2024 2023 b. Analysis of staff costs Gross salary Employers, national insurance Pension costs 14,554 1,217 327 4,167 16,098 4,167 J Aduroja a Trustees from 29th January 2024 was paid as an employee of £14,554 {2023 4,1671 and are included in the above number of employees. No out-of-pocket expenses were reimbursed to Trustees during the year. 4. Tangible fixed assets Computer Fixtures Equipment & Fittlngs Laasohold Improvements Right of Use Asset Total Cost As at 1st July 2023 Additions during the year 2,507 3,843 26.000 29,960 62,310 th Balance as at 30 June 2024 2,507 3,843 26,000 29,960 62,310 Accumulated Depreciation As al 1 sl July 2023 Charge for the year 1,503 201 1,629 443 26,000 8,489 37,621 5,992 6,636 th Balance as at 30 June 2024 1,704 2,072 26,000 14,481 44.257 th Net Book Value at 30 June 2024 803 1,771 15,479 18,053 Net Book Value at 30th June 2023 1,004 2,214 21,471 24,689 5. Debtors 2024 2023 Prepayments Other debtors 846 1,000 1,000 1,846 1,000 13
Oocusion Envelop8 ID.. E24E933A-EAC6437>B52A-3E73TT914DDF IBIJOKE CHILDREN FOUNDATION UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 TH 6. Creditors: amounts falling due within one year 2024 2023 Accruals Net salary Pension Other creditors 1,305 1,195 764 4,287 1,250 4.287 7,551 5,537 7. Creditors- amounts falling due within one year 2024 2023 Due between 1 to 2 years Due between 2 - 5 years 4,287 8,385 4,287 12,672 12,672 16,959 8. Analysis of net assets between funds 2024 Tangible Fixed Assets Net Creditors Assets due more than one year Total Unrestricted Funds General Fund 15.478 9,431 112,672) 12,237 Restricted Funds Duchy of Lancaster Benevolenl Fund LCR Cares- Covid-19 Community Support Fund National Lottery- Awards for All National Lottery Community Fund Covid-19 Support National Lottery Community Fund Power to Change P H Holt Foundation 96 96 264 264 798 798 853 853 287 287 277 277 2,575 2,575 Totals 18.053 9,431 112,672) 14,812 14-
Docusign Envek)pe ID.. E24Eg33A-EAC6-4373-B52A-3E7377914DDF IBIJOKE CHILDREN FOUNDATION UK TH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 2023 Tangible Fixed Assets Net Creditors Assets due more than one year Total Unrestricted Funds General Fund 21.472 {4,2731 (16.9591 240 Restricted Funds Duchy of Lancaster Benevolent Fund LCR Cares- Covid-19 Community Support Fund LCVS National Lottery - Awards for All National Lottery Community Fund Covid-19 Support National Lottery Community Fund Power to Change PHHolt Julia and Hans Rausing Trusl 120 120 330 330 673 673 997 997 1,066 1,066 358 40 398 346 50 811 396 811 3,217 1,574 4,791 Totals 24,689 (2,699) {16,959) 5,031 9. Unrestricted Funds Movements in the year Income Expenditure Reserves at end of year 2024 Reserves at beginning of year General Fund 240 26,026 {14,029} 12,237 Movements in the year Income Expenditure Reselves at end of year 2023 Reserves at beginning of year General Fund 5.362 9.501 14,623 240 General Fund is used to finance the Charit8ble Incorporaled Organisation general activities and core costs as outlined in the Trustees, Report. 15
Do¢uslgn EThvek)p& ID.. E24E933A-EAC64373-B52A-3E7377914DDF IBIJOKE CHILDREN FOUNDATION UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 TH 10. Restricted Funds Movements in the Year Income Expenditure Reserves at end of year Reserves at beginning of year 2024 Citizen Advice Liverpool Household Support Fund Duchy of Lancaster Benevolent Fund Julia and Hans Rausing Trust LCR Cares- Covid-19 Community Support Fund LCVS Lidl Community Fund National Lottery- Awards for All National Lottery Community Fund Cost of Living National Lottery Community Fund Covid-19 Support National Lottery Community Fund Power to Change P H Holt Foundation Picton and Kensington Family Hub Police Crime Commissioner School for Social Entrepreneurs Steve Morgan Foundation 19,834 (19,834) 120 (241 1811} {66) (673) 11,280) {1991 {42,1791 96 811 330 264 673 1,280 997 798 42,179 1,066 1213) 853 287 398 (111) {119) {3501 15001 (2,0001 {10,000) 396 277 350 500 2.000 10,000 4,791 76,143 178,3541 2,575 16
Docusign Envelopg ID.. E24E933A-EAC6-4373-B52A-3E7377914DDF IBIJOKE CHILDREN FOUNDATION UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 TH Movernents in the Year Income Expenditure Reserves at end of year ReseNes at beginning of year 2023 Duchy of Lancaster Benevolent Fund Eleanor Ralhbone Charitable Trust Julia and Hans Rausing Trust LCR Cares- Covid-19 Community Support FLJnd LCVS Community Impact Fund LCVS LCVS Innovation in Communities Liverpool City Council Neighbourly Community Fund National Lottery - Awards for All National Lottery Community Fund Covid-19 Support National Lottery Community Fund Power to Change Postcode Neighbourhood Trusl P H Holt Foundation School for Social Entrepreneurs 150 {30) 15,000) 19,4051 (831 {81) 14,327) (938) 13,0001 (9,7551 1352) {4,601) 120 5,000 10,216 811 413 330 81 5,000 673 938 3,000 9,755 1,349 5,667 997 1,066 398 1.988 4,438 482 11,590) (4,4381 {86) {4,000) 398 4,000 15,506 36,971 {47,686) 4,791 These are monies given to the Charitable Incorporated Organisation to be spent at the discretion of the Board of Trustees for specific charitable purposes, as follows- Citizen Advice Liverpool Household Support Fund Contribution towards the support households experiencing food insecurity during the cost of living crisis. Duchy of Lancaster Benevolent Fund - Contribution towards food and clothing Eleanor Rathbone Charitable Trust - Contribution towards Ihe running costs of the helping hands project in Kensington Julia and Hans Rausing Trust - Contribution towards volunteer costs, rent, utilities & food purchase LCR Cares- Covid-19 Community Support Fund - Contribution towards core cost and find a larger premises LCVS Community Impact Fund - Contribution lowards 'Today, Tomorrow A Fulure project, LCVS- Contribution towards core costs LCVS Innovation in Communities- Supporting journeys towards employment Lidl Community Fund Contribution towards the purchase of additional food ilems to meet the increased demand of services. 17
Docusign Envelop8 ID.. E24E933A_EAC64373.B52A-3E7377914DDF IBIJOKE CHILDREN FOUNDATION UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 TH Liverpool City Council - Contribution towards information reSoUrs, food donations & Volunteer expenses Neighbourly Community Fund- Contribution towards food National Lottery- Awards for All - Contribution towards'Anti-poverty' project National Lottery Community Fund Covid-19 Support Contribution towards the delivery of food and household items during the Covid-19 pandemic National Lottery Communlty Fund Cost of Living contribution toward the Cost-of- Living projecl National Lottery Community Fund Power to Change Contribution towards foodbank and refurbishment of new premise. Postcode Neighbourhood Trust (TAPP) P H Holt Foundation Merseyside Picton and Kensington Family Hub - Contribution towards the purchase of general resources for your homework club Police Crime Commissioner- Contribution towards to celebrate Black History Month. School for social entrepreneurs Contribution towards the purchase of food items, travel & subsisten Contribution towards The Anit Poverty Project Contribution towards to support people in poverty across Steve Morgan Foundation - Contribution towards staff salary costs 11. Financial Commitments Financial commitments under non-cancellable operating leases: Relating to property lease of 62 Prescot Road for the period 6th August 2021 to 6 August 2023, six months, notice required. 2024 2023 Due within one year Due between 1 to 2 years Due between 2 - 5 years 3,000 3.000 12. Related Parties There were no material related party transactions during this year end which require disclosure besides note 3b. (2023: £nil) 13. Limited liability of members In the event of winding up, the members of Ihe Charitable Incorporated Organisation have no liability lo contribute to its assets and no personal responsibility for settling its debts and liabilities. 18