REGIMRED COMPANY NUMBER: CE018897 IEnEland and Wales) REGISTEREDCHARITY NUMBER: 1185395 REPOATOFTrIE TRUSTEESAND UNAUDITED HNAJICIAL ATEmENTS FORIHE YEAR ENDED 10 SEPTEMBER 20Z4 KIR BOWIIA FOUNDATION KvnaTh Ltdtla5 englanc and Ctsmpany 7 & 8 Church Street WlmbDrne Ir52t BH21 UH
BOWRA FOUNDATION CONTENTS OF THE FINANCtAL STATEME14T5 FOR THE YEAR EP4DED ao SEPTEMbER 2024 Pag• Report of the trustees I to 5 Independentexam5ner's repDrt Statementof finan¢lal a¢ti¥ltle5 Balan sheet Notestothe flnanclal statements 9 to 14 Detalled statemEntof finandal artibTties 15 to 16
BOWRA Fouf4DATION REPORT OF THE TRusfEES FOR THE YEAR ENDED 305EPTEMBER 2W24 The trustees are ple3sed to present thelr annual port of Bowra Foundatlon for the year ending 30 Sèptember 2024. The trustees have adopted the provi5ion5 of the Statement of Recommended Piactice ISORPI"Accountin8 and Reportlng by Charftles" IFRS 1021 in preparing the ?nnual report and finarla1 statements ol the charty. Oblectlves and artlviile5 Purpose5 and alms The purposes of the chirty are outlined wlthin the constitutkjn.. The objeths tsf the ao areto promote the physScal and mental he3h and wellbeTn& and the retovery and habIlitatIOn of.. 11 those 5ufferlngfrom effects of neurobBlc41 dlsorders orcond6tbns,' and 21 wounded. Snlured and Sick members of the armed forces, 1th serying andveteran- in each case by encouraging and facllltsfjng thelr parttlpatlon In sportln8 and recrea031 ath¥ttS, With the aim of irnprovin8 thelr condltions £nd ol life., through thp pro5) of sÈrvKÈs. guidance and SUPPDrt.' and by such other means 3S the charity trustees shall from tlme to time decide. withln these purposes. the ch3rtty's primarygoal is to inspire the unrelenting putsultof recoveryfrom brain injury. There 15 an aswration to change the governlng document In the bXU as the chaty has evolved and an afflendTTEnt to the constitution wll folbw to move away frDtn t*E temi 'neUrob81 disorders. to Peop Imng wlth the effects of brain Injury Including stroke.
BOWRA FOUNDATION REPORT OFTHETRUSTEE5 FOR THE YEAR ENDED 305EPTEMBER 2024 Oble¢tlves and actl¥Ttle5 518nllicant actMtSes The charlty works iowards thi5 alm through various key stams.. Practkal help for people Iwins with the effects of brain injuryand stroke-This i& delivered through the dtribUtIon of the Bowra Ba8 which is a tool kit contsinlng iterns that help promote rehabilitation throu8hoLrt a benefklary's recovery journey. The Bowra 8a8 was deslgned by Mark Bowra during his own stroke recovery and contsin5 5irnple prartical items to aid communlcatw)n and phys1ts1 rehabllitatlon, allowing the beneflclary to regain confiderKe and independerte from the knspital bedside to their.new normal" life. The Bowra Bag has utility across the heahh and social care eco-5y5tem as an accelerator to recovery. Physkal 3Ctivitie5- These atti¥ities are delwered by brinyne together th0 Iwing with brain Injury and stroke Irom avilyan sociÈty nd the members of the Armed Force5 Comrnunity. includip8 families and carers, to Improve quallty of Ilfe 3nd support those affetted throJgh the medium of physical challenges. Colkiboiatwe partKipalK)n provides the opporwnlty to share eKperlences. provide peer support and help each other. whlth Ss cathartK and aids recovery. The maln challenge forthose living with the impatt of braln Inluryand stroke lsthe Vme It takes to recover, the input from multiple agencle5 tr) facilitate fecovery and rehabilttation, the sheer nutnbef ol peop npeded to sUprt actfvitle5 In order to $3fety deliver actlvltles and sèfeguard beneficiaries. The trustees have iompleted a revlew of Its aCtNit$ with and are Satisfied that the charitsble outputs have to improved outcomes and 50 have met the organiiational objottNÈs. In th@ List yÈarthe folkjwlng activlties have been delivered.. Bowra Bags- 94 Bowra Bags to 5UPPOrt people with brain injuriesto progre55 thEIT rehabilitstion have been delfvered. Request5 for bags cDme through the website but we are seeinB an increa5in8 p.umber from NHS ooaoisations direcdy and dtribUtIon Is belng enhanced through pamerships with Bournemouth UnNersity and W1hester Hospital. Physical Attivities We Ve delniered a dNetsE pro8ramrne of srtIng attNItS to Improve mental and phystal wellbeing amongst our beflclae5. Our local aCtive5 are Whe our brain iftlured bel¢larieS come together wich our veteran commun1ty to take part in physical aCtltIeS. The 5Urntner Se555 at Harnworthy park are very popular as were our indoor winter bowls sesslons wlth over 20 people in attendance. Our teran'S cornrnunty atso has access to regul3r'walkie-talkles' and several YOMPS further afleld ort Dartmoor. These athVitI have improved fitnes5. dexterlty. Strength. balance, co-ordinatlon and self confldet)ce all those who have attended. They have a150 prOded peer sJi pport, enloymenL camaraderie and support for families 8nd carprs by affording some mutual support with others in sitnilar positions and a bak. Upto 40 berfiarfe5 tske advzntsge of these artivltles whlch have included.. . Walks Outdoor and Indoor Bowling - Shooting- Clay Pigeon,.22 and Acoust Indoor Cudlng Kayaking - Paddle Boarding Saillng We have also organlsed residential actfvit5 whlch impro¥e self-(onfldence for indmduals and also provlde a breakforf3mllles and careis.. Surf 2 Recovery - Thls was a S day Surfing experience run in Swansea wtr.e beneflclaftes were provided the opportunity to participate In SurfSnE. Syrf Instruttion and 311 equipment was pnwided through the registered CIC Surfablllty. There were 8 partlclpants who gained in U)nfidee and self bellef.
BOWRA FOUNDATION RepoRT OFTHE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2024 Objectlves and a¢tl¥liles People Staff Te3m-The staff team is very trUV drawn wr(h onty 4 member5 of staffr, 2 runningthe HQ3nd all admini5tratiYe fvKlion5 and 2 delivering activitie5 lor our beneficia[5. Volunteers- The ch8rity has, 5tKe Its establlshmenr been supported by many lI1ftE volunteers In fundralslng, adminisrration and the event delfvery altIeS of the chartty. The trustees would like to take thi5 Opportunity to Say how much they appreciate thelr contlnued and valuabk suprtIo ourvtral work in the community. Patron-The last year has also seen tr.e appointment of a Patron for the Bowra FOUndaon In the fomi of stroke survlvor General &r Freddie Vlggers. who15 a former Black Rod. hlevement and performan¢e Charitsble artiNlties Many of those living with a stroke or braln injury aTe vulnerable to physical and emotional chaltenges whlch ayects their health. and as a result they can lose Significant confidence in thelr own abllty. This is also ne In terms of the perception Df the publ. The 8Dwra Foundatlon Is keen to challenge this perceptloii for those lin8 Wtth such an iojury or Illness and the publlc. As part ol our future plans we want tc> contlnue to r2ise awarenÈss of 8owra Foundation through online and dirett Otath to Increase support and encourage poteDlal beneficIar5 to queSt 8owra Ba85 and parkncipple in events and activities. This year we have run events.. -Wellne55 Event- io vÈteran5 and op.e of oursupporter5 attended a Falwands Veterans Sernlnar. In addltlon to providin8 a Wellness opportunrcy for many Falklands Veterans. The event raised £2.QXI fort4e BOWflA FoundatiDn. - London Landma.ts Half Marathon- 3 people ran tor the 80WRA Foundaion rdi5in8 ¢)ver £l,OCO. The Bowra Foundatlon was fortunate, DncÈ azain, that Lester Brunt Weatth Management hosted tts annual fundralsln8 GO Dav raislng funds forthe charity, towards adaptive sp)rts equiprnent and comrnitbn8tO 5UPPOrtin8 8owra Foundation'.or another year. - The Swim 2 Recovery campaign, Saw Mark Bowra and the £harties ambassadors conduct a team rElay channel swim early september 2023. which a 8reat success In rdisin8 the proflle of the charlty. Prlnclpal fundln8sourS The prlncipal funding sources of the chartty currerrttycotnprise grallts, Ilonatv)nsfrom indMdu31si 8ifts and services In klnd. Flnanaal revlew Flnanctal posltlon As shown on the Ststement of Flnandal Actfvttles. incorne forthe year amounted £197,557 and eKpendlture for the year amounted to £132,370 glvlng a net Increase In fund$ of £65.187. At the end of theyear, the charity's net assets amounted to £227.911. Flnancial insirumonts The CIO'slcharity's actNities expose it to a number of financlal risks, irtlLding Credit risk, cash flow risk and liquidity risk. Credit rfsk Is Ilmited due to the principal Ilnanclal assets bein8 bank balaoces. Cash fbw rfsk and Llquldlty riik are naged by our mana8ement team, ensurlngthat there Is nD ovÈf5PEnd of the bank balance5 and financial comtntttnents rnade.are workd against a bud8Èt. fteserve5 polky It Is the pollcy of the trustee5 to keep back free reserwes equNalent to 6 months of operatlryg costs. At 30 September 2024, free reserves amounted to E160,723. Tho iniÈntiDn is to keep free reserve5 aiy)ve £36,Tr)O based off current mtsnthly forecasts. The charfty does not Current hold anyfund535 a custodian. The strateglc plan for Financial Year Ending5eptember 2025 Includes the followlng projetts.. - Partnered distribution of the 8owra Bag through Winchester Hosp..1 ar,d BOu[T)Uth Lniversity. - Coltsborate wlth artiwty provlders to delNer a fun and safe weekly adaptive sports programme Increase the staff numbers to dellver IrreaSed owputstorthe Bowra Foundatlon GoinÈ ¢on¢eM After revlewlng the charity's forecasts and projectK)ns. the Board have a reason8blÈ expectation that the charity has 3dequate resources to contlAue in operatlonal exlstence for thef0re$eeab fUre. The enuty therore contlnues to adoptthe golng corfem basis in preparin8 its financial State[neTr.
BOWRA FOUNDAnthy REPORT OF THE TRLisfEES FOR THE YEAR ENDED 30 SEFfEM8ER 2024 Future plans The contlnued succe55 of the Bowrd Foundation ha$ resulted in a dec10 to continue to expand. We have operated Dn rnlnlmal stsff levels and trusteÉs have been extremely sUPPOrtfve in prowding signth"c8nt a55.'stsnce in the njnnlng of the charity. We have recently Tecrulted a new Chair ol Trustees w 8ulde the organisatyon Intg the next phase of it5 devek)ptnpnt and recrult addltlonal trustees with appropriate ski115 to eKpand ourfund-rai5in& marketrng and eftgernent wlth the healthcare effort. Qur current Chlef ExetJtlve OthrIS leavlng In June 2025 and recruitNnt for suctessor hès ComMend. Work has commenced to upthte the BOWRA Foundatlon weIte to ensure r( 15 fft for today and tomorrow. the new Website experted to be updated and live for October 2025. The Trustee Board is continulng the ongoing process of revlewlng all aspects of IrKome and expendf(ure. A 5tratÈ8y day wlll be held in September/October to agree the plan for the next 3to 5 year5. The board recognlses that Itwlll need to increase income ift order to expand and It has 8lways been our intentlon to wnch aLx)ve ourweTr8ht in terrns of delwering maximum beneficiary engagement against ben2factor income. Structurei gOran and mana4ement Governlng dUmerrt Bowiè Foundation is a Charltsble Incorporated organiln goverred by its Cgnstitutkjn. It ts a registered charvcy wlthln the Charlty Comm15510n. GLwernlTrB bodv The trustee5 form the g¢)vernin8 bady of the Bowra Foundatitin. New trustees are Identrfied by tru5tets and thelr recrument Is based upon the skllls and experience that they bring to Bowra Foundation wkth the trjard seeksng to provide the charfrty with range of skllls In governance and management. Organi5ational mana8emÈnt The tru5tee5 a EallY responslble for the manageffnt of the risks laced by the charity with the day to day rynnlng of Bowra Foundztion being deleeatedts the mama8ement team. The maagement tearn attends all meetings of trustees and regular pOrr$ nd updatss the chair. Rl$k maaagement The tru5tee5 have a duty to Identffy and revlew the rfsk5 to whlch the charity 15 exptssed and to efjsu approrKiate contro15 are In place to prtsvide reasonable a$surance ag3inst fraud and @rror. Risks are ider.tified. assessed and controls est8bllshed throughout the year. Aformal re¥lew of the charity's risk manaKeme)t process Is undertakeo on an annual basis and the key controls Include., - cornprehensive strateglc planning. bud8etsng and rnali agenTent accountin . established orEanlsational structure and linesof reporting - farmal written PDlicie5 clear authoritie5 and approval leve'.$ -full risk assessment for 411 events and acbv5tEs Through the risk rnanagement processes. the tnJ5tee5 are saP15fied thèt the major risks identified ve been adequatety managed where nece55ary. It ts recognlsed that systems can only provide rÈasonable but not absolute assuiantr th4t major risks have been adequately managed. The rnain rk to the=hartty forthe year under revw has been to ensure fundraising and benefitlary act4wttles could be recomMeed at a pace after the druPtIOl caused by the COVID 19 pandemi¢. As a result the tru5tses have rdi5ed and spent fvnds to IncaSe head count so this risk wa5 rngated. Reference and admini5tratlve deta115 Re8i5tÉred Company number CE018891 (England and Walès) Re8lstered Charity nurnber 1185395 Registered offke 7 & 8 Church Street Wlmborne Dorset BH21 UH
BOWRA FOUNDATION REPORTOF TrIE TRUSTEE5 FOR THE YEAR ENDED 30 SEPTEMBER 2024 Trustees Ms L E Day Rapklns Mrs Eaton Mrs Hltchrnan Mr J Searlght Iresi8neil 2ULOI241 Mr J P3trick (resigned 16/11241 Mr S W)Iker Ireslgned 16/in41 Mrs C P Courage Ms H Hobbs lappolnted 29141241 Ms N A MuTdoch (appointed 3113/251 Independent Examlner Mr M Rees Kynae Ltd tla5 En8land and Companv 7 & 8 Church Street Wirnbore ODr5et BH21 Approved by order of the board of trusteeson ...... . and slgned on tts behaLS by= M5 N A Murdo£h- TnJ5tee
INDEPENOENT EXAMINER'S REPORTTOTHE TRusfEES OF BOWRA FOUNDATION Indepe[ent examIn4$ veport to the trustees of8ra FryJnd0tn fthe tompanVI l por¢tO the charitytlU5tEe5 on my examination of the accounts of the Company for the year ended 30 September 2024. R8sponsibllltles and ba5150f report A5 the charlty's trustee5 of the Company land also tts direttors for the purposes of company Idwl you are iespK)nsible foT the preparatlon ofthe accounts in acco¥darKe wtth the reQuIrnents ofthe Comp3nie5 Att2 (e 2(Th ACVI. Having 5atlsfied myself that the accounts ol the Compami ère wt required to be audsted under Parr 16 01 the 2006 Act and are ellglble for Independent examinatlon, I report in respect of rny exarnlnaiion of your charlty's accounts as carried out under Sectlon 145 of the Ch3ritie5 Act 201L I'the 201L Act'l. In carryn8 Out my eXarn1ron I ha¥e folkxved the Olrectlons glven by the Charity Commlsslon under Section 145151 Ibl of thÈ 2011 t. Indèpendent examlnerf5 Staternent I have completed my exaMinat)n. I confirm that no matters have come to my attentKJn in connectk)n wlth the exarnln)tlon givlng rne cause to belleve.. countin8 records were not kept In respectolthe Company as requlred by Section 386 of the 2CKJ6 kt.. or the accounts do not accord with those records," or the accounts do not compty the accounting requirements of Section 396 of the 2(K)6 Act other than any requirernent that the accounts give a true and faiT v*w whh is not a Matter consided as part ol an independent examlnation- or thÈ accounts h?ve not been piepared Sn accordatKe wi(h the method5 and principles of the Statement of Re¢ommendetJ practi for accountin8 and reporbng by charibe5 lapplicable to charfties preparinE thelr accounts in accordance with the Flnancial Reportlng Standard applicalAe in the UK and Republk of Ireland IFRS 10211. I have no concerns and have come acros$ nD Other matters in connection with the èxaminatton to which attenth)n should be drawn In thls report sn orderto enable a proper understandlng of the accounts to be reached. Mr M Rees 7 & 8 Church Street Wlrnborne Dorset BH21 UH Date..
BOWRAFOUNDATION STATEMENT OF FINANCIAL ACTMnES FOR THE YEAR ENDED 305EPTEMBER 2024 2024 Total funds 2023 Totsl funds UnrEStrfLted Re5trkted fund fund Noies In¢orn• and wdowmentsfrom Oonations and legacies 134.557 135.057 112,557 Charltable actltIeS Grants 62.S(K> 20,192 Total 138.557 59.L 197,557 132.749 Expendrture on RalsinÉ funds 23.673 32.LK)I 55.674 57,628 Charflable aCtIlIeS Management and admlnlstratlon 8,9D5 190 9,095 9.140 Event dellvery and charltable activitse5 59,333 8.268 67.601 47,133 Total 91.911 40,459 132,370 113,90L INCOME Tran5fer5 between funds ,541 ILO.6911 65.187 18,848 10.691 Net movement Infunds S7.337 7,850 65,187 18A48 Recondllatlon of funds Total funds brought forward 103,386 59.338 162.724 143,876 Total funds carried foTrward 160.723 67,188 227,911 162,724 The notes fomi part of these finartlal statements
BOWRA FOUNDATION BALANCE SHEET 30 SEPTEMBER 2024 2024 Totsl fund5 2023 Total funds Llnrestrkted fund Rtstritted fvnd Notes Axed assets TangiblÈ assets ID.519 10,519 9,938 Currenl asset5 Stocks Oebtors Cash at knk 3.167 IS.0 53,222 3,167 27,535 197,355 12,535 144.133 Jl.045 154,013 156.668 71,389 228,057 165,058 Creditors AmauTht5 falllng due within one year 16.4641 14.2DII 110.6651 112,2721 Net Current a$sets 150,204 67,188 217,392 152.786 Total asseis less ciirrent Ilabllhles 160.n3 67.188 227,911 162,724 NET ASSETS 160,T23 67,188 227,911 162,724 Fund5 unreStrted funds Restrlcted lunds io 160,723 67,188 103,386 59,338 Total funds 227,911 162,724 The charltable company Is efit[t to exeMptn from audit under Settlon 477 of the Companks Art 2006 for the year ended 30 September 2024. The members have Dot qUIred the companyto obtaln an audit of its financial 5tatsments foithe year ended 30 September 2024 In accordance wlth Sectlon 476 of the Compan5 Act 26. The trvstees acthowledge their resPOn5ibilttiesfor ensuring that the Charb¢ab company keeps accountyn8 records that iornpty with SertiDns 386 and 387 of the Companles Act 2006 and preparlng flnanci31 statemeTrts whh give a true and fairwew of the stste of affalrs of the chatable cornpany as at the end of each finanEial year an¢J of it5 surplus or deficit for each finan¢lal year In accordance wth the requlrements of Section5 394 and 395 and which otherw15e Cornp with the quirements of the Cofflpanie5 Act 2006 relatlng to financial ststements, 50 far a5 applicable to the charbtable company. Tse flnancial st2tement$ have been pPared irt a££ordaKe wth the provtslons applicable to charftable companSes subject to the Small companies re8iJne. The financlal strtennt$ were approved bythe Board ol Trustee5 and autlBJr4sed for issue on .... sIEned on its behaw ov.. and were Ms N A Murdoch- Trustee The rrtjtes forrn partof these financial statÈmÈnts
OWRA FOUNDATION IYOTES TO THE FINANCIAL SYAYEMENYS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accountln8 poll¢l•s Ba51s of preparlnE the flnanclal statements The financial statements OF the chaHtable company. whlch is a wblk neftt entity under FR5 102, have been prepared In accordance wlth the Charitles SORP IFRS 1021'Accounting and Reporting by Charities.. Statement of Recomrnended Practlce applicable to charities pParIng their accounts in accordance with the FinarKYdl Reporting Stsndard applicable in the UK and Reputrtic ol Ireland IFRS 1021 leffectwe l January 20191,. FInancl Reportlng Standard 102 'The FincIal Reportlng Stsndard applicable in the UK and Republ¥c of Ireland, and the Cornpanl£% Act 2ryA. The financial ststernents have been prepared under the hi5tOTical c05t conventlon. Income All incotrE 15 rec¢ignised in the Statement ot FinarKial kbvit5 orKe the charity hasentltlernent to the fund5, it Is probable that the income will be recewed and the amount can be measured reliabty. Expendlture Lhibilities are recognlsed as expenditurE as soon as the is a Wl Dr con5ttuctive obligation corntnittin8 the charityta that expenditure, It Is probable that a transfer ol economit befitS will be required settkment and the amount of thÉ obli8atB)n ran be me•suTed llabty. Expernditure is accounted for on an acc15 basis and has been rlassffied under headings that aggregate all tQ5t reted to the £ate&ory. Where costs nn0t be dlrectly attributed to particUr headings they have been allocated th actmtieson a basis consL%tentwrth the useof rUrCeS. Tanwblellxed assets Depre¢tIon is pmlded atthe following annual rates in orderto wrtteoff each asset over Its e5tirnated u5efvl lrfe. Plant and mathinery Flxtures and fittlngs Computer equSpment 25% on reducing balance 25% on reducing bakncÈ 25% on reducine batsn Stocks Stock is valued atihe bwerol c05tand rt re3lisabfe value. Taxatl( The charity Is exemptfrom corporarion taxon Rs chaiitabEe athttles. Fund accountln8 Unrestricted funds can be used accordan with the charltable oblecllves atthe discredon of the trustee5. Restrithed fijnds can be used for particulai rethcted purposes within the objert5 of the charity. Restrirtions arise when speclfled bythe donoi orwhen funds are raised for particular restricteLI purposes. Flnancial Instruments Baslc fFnancial instruments ale Inlually reEDgnisÈd at tran5acIiDn pr and actounted for aCCDrdin8 to the substance of the ontractual arranEemenp as elther linancial a5set5. liabilriies or equty instruments. An equity instrument is any contract that ewdence5 a re51dual intert in the assets ol the cornpany, after deducting all liabilities, At each balance sheet date. flnancial instrumÈnts are measured at amtsrbsÈd tDSt using the effectNe Interest method. Anv losses arlsing from impairment are recognised in the prof.¢ and1055 account in the period to which they late. continued...
BOWRA FOUNOATION NOTES TO THE FINANOAL ATEMENTS. wrrttnued FOR THE YEAR ENDED 305EPTEM8ER 2024 Ralslngfunds Ral$lngdonatloNs and le8athes 2024 2023 Fundra15ing consUnbIeS tedng costs M3nagernent and administratlon 3.738 4.650 39.905 9,137 4,297 71 48.293 13,505 tlet IncomellexpeTh4lturel Net income11expendtreI is ststed after charnj{credrtinBTr: zo zozy Depreclation-owned assets Hire of plantand machinery Other operating leases 3,506 3.313 1400 192 Trustees. remuneratlon and beneffts There Were no trustee5' remuneratK)n or other benents for the year ended 30 September 2024 nor for the year ended 30 September 2023. Trustees. expenses There We trustees, expense5 paid forthe yearended 30September2024 totalllnE £5,11012023- £8,925). Comparatfr4esforthe statement of flnan£ial actiwt Unre51rfLted fund Re5trlded fund Total funds Incom• and endowments Imm Donations and legac$ 81.557 31,0(K) 112,557 Chariiable aCtItIeS Grants 3.291 16,901 20.192 Total 47,901 132,749 Expenifrture on Raisingfur.ds 218T2 35,756 57,628 Ch4ritablE tIlle5 Management and admintratIon 8,910 230 9.140 Event dellvery and charftsble actNthes 31723 15,410 47,L33 Total 61505 51,396 I13.1 INCOMEIIEXPENDITUREI Tran5fer5 heeen fund5 22,343 11,5921 13,4951 1,592 18,848 Net movement In funds 20.751 11.9D31 18,848 -iO- c0nnUed...
BOWRA FOUNDATION NOTESTO THE FINAtIAL5TATEmENTS- contlnued FOR THE YEAR ENDED 30 SEPTEMBER 2024 Comparatlvesforthe 5tatementof finandal aLthlile5- continued Unréstricted fund Restrlcted fund Total funds RecoTrclllatlon of fund5 Total funds brought forward 82.635 61,241 143,876 Total furrtls carri forward 103.386 59,338 162,724 Tanglblefixed a55ets Plant and mathinery and ffttlnas Computer equlpment Tota15 ost At i ottober 2023 AdditSons 14.4746 4.087 1,457 19.503 4,087 At 30September 2024 18.533 1.457 23.590 Depre¢latlon At l Ortober 202a Charge for year 7.353 2.795 1.575 506 637 205 9,565 3,506 At 30 September 2024 10,148 2,081 842 13.071 Net bookvalue At 30 septÈrnr 2024 8.385 1.519 615 10,519 At 30 SepterTrber 2023 7.093 2,025 820 9,938 Sto¢*s 2024 ZOZ3 Flnlshed goods 3.167 Debtor5: amounts fallin% due wlthin one year 2024 2023 Tiade debtors Prepayments and actrued incon 25,0(K) 2.535 10.000 1,045 27,535 11,045 -li- contlnuÈd...
BOWRA FOUNDATION NOTES TO THE FINANCIAL STAYEMEKts- contlnued FOR THE YEAR ENDED 30 SEPTEMBER ZOZ4 Credltors,, •mountsfalllnK due wlthln one year 2024 2023 Trade credltors Sodal 5ecurlty and otherts¥es Penslon liabllity A¢crual$ and deferred Intomè 6.766 846 180 1873 6,77L 5,453 10.G65 12,272 io. Movernent In ful5 rransfers between n3 In ftsnds 3019124 Unrestrlcted fvnds General lund 103.386 10,691 160.723 Re5trkted funds Restricted fund 59.338 18.541 110,6911 67,188 TOTAL FUNDS 162,724 65,187 227,911 Net movernent In funds, Induded in the atrfJve are a5 follows: Resources expended Movement In fund$ res[¢8$ Unrestrlcted funds General fund 138,557 191,9111 46.646 Re5trlcted funds Restricted fund 59.LXJ) 140,4591 18,541 TOTAL FUNDS 197,557 1132,3701 65,187 Comparatives for Mo¥eMt infund5 Net rnovement In éunds Transfers between funds At I1/22 At 3019123 Unfe5trScted fund5 General fund 82.635 22.343 11,5921 103,386 Restrldedlunds Restricted fund 61.241 13.4951 1,592 59,338 TOTALFUNDS 143,876 18,848 162.724 continued...
BOWRA FOUNDATION NOTES TO THE FINANcIALATEMENts- ¢ontlnu¢d FQR THE YEAR ENDED 30 SEPTEMBER 2024 io. Movement In contlrrt coMparate net movement Infunds, Induded inthe above are as folk)w5: Incomin rèsour¢Ès Reu5 expended Mo¥ernent In fund5 L1nrer1Cted funds General fvnd 162,5051 22,343 Restrlcted funds Restrlcted fvnd 47,9)1 151.3961 13,4951 TOTAL FUNDS 132,749 1113,9011 18,848 A CL(rrentyear 12 months and prfor year 12 month5 combined Py)50 is as follows= Transfers between fund5 movemEnt In funds At 3019124 Unreslrl¢ted fund5 General fijnd 82.635 68.989 9.099 16Q.723 Restrlcted funds Restrtcte(t fijnd 61.241 19.0991 67,188 TOTAL FUN05 143,876 84.035 227,911 A current year 12 rncnths and prior year 12 mot)ths cornbined net moverneDt in funds, included tn the above a a5 follow5.' Incomir resour¢es ResouKes eKpended Movement In fund$ Unre5trlcted funds General fund 223.405 1154,4L61 68,989 Restrlrted fund5 Restrlcted fund I¢.901 191,8551 15,046 TOTAL FUNDS 330,306 1245,2711 84,035 -1> £ontlnued...
KIWRA FOUNDATION NOTES TO THE FINANCIALSTATEFAENTS- conttnued FOR THE YEAR ENDED 305EPTEMBER 20Z4 Related party dlxlosure5 The charlty has recelved commerckil service5 durlng the year from a related party to a trustee, totall1 £1,099. The outstandlnE balancÈ owed to the relatÈd party at thÉ ar ond is £Nil. This procurement was done wlth full board knowledge and support. -14-
BOWRA FOUNDATION DETAItED STATEMENT OF FIt4ANCIAL AcnvmES FOR THE YEAR ENDED 30 SEPTEMBER 2024 2024 2023 Income and tn(h)wments Donatlons and legades Donations 135,057 112,557 ChaFltable actlvltF¢s r8nt5 62,500 20.192 Totsl Incomlng re50uros 197.557 131749 Expendlture Ra151n8 don8tlons legacles Fundraiglng consumables Caterill8 costs 3.738 4.6SD 9,137 4.297 8,388 13,434 oiher tr¥dln8 arttvlyes Opening stock Bowra Ba85 Purchases Servi office cg5ts tloslng stock 6,308 10,356 192 13,1671 7.381 6,308 Event dellvery and ¢harltsble a¢111¢$ 5undfies Hire of equlpment and machinery Consultants Travel and subsSstence Advertising Event costs 72 2,4LK> 18,790 12.191 1,141 12,539 37.336 10,990 19,275 67.601 47,133 Managernent and admlnlstratlon Mana8ement Wages PensSons Insurance bscriptions Professional fees Computer costs 39,509 396 1,749 1,683 37,886 1,094 671 486 1.881 io 43,347 42,018 Flnan Posta6e and 5tstiofjEry Bank charges 4108 27 114 435 120 This page ¢kns notfomi partof the stalutoryfinancial statements -15-
BOWRA FOUNDAnoN DETAILED STATEMENT OF FINANCIAL ACTivmES FOR THE YEAR ENDED 30 SEPTEMBER 2024 2024 2023 Flnan Infonnatlon tethnology Telephone 377 387 Other Oepreclatlon 3,506 3.313 Gov•man $ts Accountancy and legal fees 1,335 1,188 Total resources expended L32,370 Net Income 65,187 18,848 page does notforni partof the statutory financval statements -i&