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|Trustees'|report|||
|Independent<br>examiner's<br>report||||
|Statement|offinancial|activities||
|Statement|offinancial|position||
|Notes to the financial||statements||





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|Reference and administrative|Reference and administrative|Reference and administrative|details||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Charity|name|||||Brave Foundation|||||
|Other name the charity||uses||||None|||||
|Charity|registration<br>number||(in England|and Wales)||1184394|||||
|Company<br>registration||Number||||10952436|||||
|Charity's|principal<br>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|||



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|FOR THE YEAR ENDED 3|0SE|PTEMBER|2023|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|||
|||||2023|2023|2023|2022|
|Voluntary<br>income for charitable||activities|3|76,115||76,115|140,115|
|Grant Income||||||||
|Total income||||76,115||76,115|140,115|
|Expenditure<br>on:||||||||
|Charitable<br>activities||||||||
|Costs of charitable<br>activities|||4|85,161||85,161|220,877|
|Support costs|||5|285||285|1,015|
|Total charitable<br>expenditure||||85,446||85,446|221,892|
|Governance<br>costs||||780||780|4,920|
|Total resources expended||||86,226||86,226|226,812|
|Net income/(expenditure)|for|the year/||||||
|Net movement<br>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|





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||||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<br>Funds|||||10,481||20,592|
|Shareholder's<br>funds|||||10,481||20,592|





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|||||2023|2022|
|---|---|---|---|---|---|
|Sales||||||
|Donations||||76,115|140,115|
|Sales|||||(2)|
|||||76,115|140,113|
|Distribution|costs|||||
|Donations<br>to|Bulgaria|||85,161|220,877|
|Administrative||expenses||||
|Employee costs:||||||
|Directors'|salaries||||4,200|
||||||4,200|
|General<br>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|