| Page | |||
|---|---|---|---|
| Trustees' | report | ||
| Independent examiner's report |
|||
| Statement | offinancial | activities | |
| Statement | offinancial | position | |
| Notes to the financial | statements |
| Reference and administrative | Reference and administrative | Reference and administrative | details | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Charity | name | Brave Foundation | ||||||||
| Other name the charity | uses | None | ||||||||
| Charity | registration number |
(in England | and Wales) | 1184394 | ||||||
| Company registration |
Number | 10952436 | ||||||||
| Charity's | principal address |
and registered | office | Unit 3 Dulcia Works, Herbert Street, | London, | |||||
| England, E138BE | ||||||||||
| Trustee | name | Appointment | and retirement | dates | ||||||
| Bogdan | Iwanow Reckalijsky | From 08 September 2017to present | ||||||||
| Galin Nikolaev Galev | From 21 June | 2019to | resent | |||||||
| Stanimir | Stoyanov Pisev | From 01 Ma | 2020 to | resent |
| FOR THE YEAR ENDED 3 | 0SE | PTEMBER | 2023 | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | ||||||
| 2023 | 2023 | 2023 | 2022 | ||||
| Voluntary income for charitable |
activities | 3 | 76,115 | 76,115 | 140,115 | ||
| Grant Income | |||||||
| Total income | 76,115 | 76,115 | 140,115 | ||||
| Expenditure on: |
|||||||
| Charitable activities |
|||||||
| Costs of charitable activities |
4 | 85,161 | 85,161 | 220,877 | |||
| Support costs | 5 | 285 | 285 | 1,015 | |||
| Total charitable expenditure |
85,446 | 85,446 | 221,892 | ||||
| Governance costs |
780 | 780 | 4,920 | ||||
| Total resources expended | 86,226 | 86,226 | 226,812 | ||||
| Net income/(expenditure) | for | the year/ | |||||
| Net movement in funds |
10,111 | 10,111 | 86,697 | ||||
| Fund balances at 1 October | 2022 | 20,592 | 20,592 | 107,290 | |||
| Fund balances at 30September | 2023 | 10,481 | 10,481 | 20,593 |
| Notes | 2023 | 2022 | |||||
|---|---|---|---|---|---|---|---|
| Current assets | |||||||
| Cash at bank and | in | hand | 13,323 | 22,654 | |||
| Creditors: amounts | falling due | ||||||
| within one year | (2,842) | (2,062) | |||||
| Net current assets | 10,481 | 20,592 | |||||
| Net assets | 10,481 | 20,592 | |||||
| Income Funds | |||||||
| Unrestricted Funds |
10,481 | 20,592 | |||||
| Shareholder's funds |
10,481 | 20,592 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Sales | |||||
| Donations | 76,115 | 140,115 | |||
| Sales | (2) | ||||
| 76,115 | 140,113 | ||||
| Distribution | costs | ||||
| Donations to |
Bulgaria | 85,161 | 220,877 | ||
| Administrative | expenses | ||||
| Employee costs: | |||||
| Directors' | salaries | 4,200 | |||
| 4,200 | |||||
| General administrative |
expenses: | ||||
| Telephone | and internet | 230 | 370 | ||
| Postage | 3 | ||||
| Subscriptions | 552 | ||||
| Bank charges | 55 | 105 | |||
| Insurance | (315) | ||||
| 285 | 715 | ||||
| Legal and professional | costs: | ||||
| Accountancy | fees | 780 | 720 | ||
| Other legal and professional | 300 | ||||
| 780 | 1,020 | ||||
| 1,065 | 5,935 |