Charity registration number: 1187471
Islastones Foundation
Annual Report and Financial Statements
for the Year Ended 20 January 2024
AIMS Accountants For Business Independent Examiner 11 De Montfort Road Hinckley LE10 1LQ
Islastones Foundation
Contents (continued)
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 4 |
| Statement of Trustees' Responsibilities | 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 17 |
Islastones Foundation
Reference and Administrative Details
Chairman
Mr Simon Tansey
Trustees Diane Saunders Mrs Katherine Tansey Mrs Laura Smith Mr Simon Tansey Mrs Jacqueline Moore Charity Registration Number 1187471 Principal Office 451 Hinckley Road Leicester LE3 0WD Independent Examiner AIMS Accountants For Business Independent Examiner 11 De Montfort Road Hinckley LE10 1LQ
Page 1
Islastones Foundation
Trustees' Report
The trustees present the annual report together with the financial statements of the charity for the year ended 20 January 2024.
Objectives and activities
Trustees’ Report
Objectives and activities
The objectives of the charity are:
-
To protect and promote the health of those suffering from childhood cancers, in particular but not
-
i) exclusively Diffuse Intrinsic Pontine Glioma, by the provision of grants to established research institutions to support biomedical research into their treatment.
-
To relieve the needs of those suffering from childhood cancers, in particular but not exclusively
-
ii) Diffuse Intrinsic Pontine Glioma, and their families and carers living in England and Wales by the provision of grants to assist in provision of facilities and holidays.
Activities of the charity:
The charity attends charitable events in our local community to assist with fundraising and raising awareness of childhood cancer.
The charity does a considerable amount of promotion into the impact of childhood cancer.
As well as fundraising the charity have been successful in applying for grants to support with the development of specific projects such as activity bags for children on the Oncology Ward.
Grant making for Research
The #islastones Foundation was established primarily to aid the research into childhood cancer and to aid the care and relief of those affected by childhood cancer and their families.
We consider research projects for Childhood cancers in particular DIPG (diffuse intrinsic pontine glioma) which is our priority for funding.
We generally direct our limited funds towards the initiation of research so that it can progress to the point at which there is sufficient data to support an application to one of the major funding bodies.
Grant making for Families
The #Islastones Foundation will seek to relieve by offering grants to UK children and their families in need by reason of childhood cancer through the provision of financial grants and assistance to fund day trips/ holidays or experiences.
The grant is to give families financial aid to help support and relieve some of the impact and strain that they experience when a child is suffering from cancer. This gives families affected by childhood cancer a break and to be able to spend quality time together.
The trustees apply the funds of #islastones Foundation at their discretion and in accordance with the charitable purposes and objectives of the charity.
This year, we have made 19 grants to families, totalling 48 from creation of the charity through to January 2024.
Priorities for support
Page 2
Islastones Foundation
Trustees' Report (continued)
The number of children and families that can be supported by the trustees is necessarily limited to the amount of funds that are available for distribution each year. The trustees have determined that the current priorities for funding are:
Assisting children diagnosed with cancer and their families in greatest need of fundraising support.
The priorities for support will be reviewed by the trustees every year and may be changed depending upon circumstances and the perceived effectiveness of the application of funds. Any change to these priorities must still fulfil the charitable purpose and objectives of the charity.
Types of day trips/ holidays or experiences considered.
The trustees would consider applications for a grant towards the costs of day trips to a wide variety of destinations of their choice, for example places such as the seaside, a theme park or the theatre.
Experiences considered may include things such as visit from an entertainer specific to that child’s (or their family) individual wishes that can be either in the home or hospital environment where children are restricted due to their cancer.
A grant would be considered for helping towards the cost of a family break or holiday to the seaside or the countryside, usually in the UK.
Grants will be made up to the maximum amount of £5000.
Our grants making policies can be found on our website.
Plans For The Future
Continue to promote others to fundraise and hold events, to secure further funding for research and support of families.
To explore further income streams.
To continue to build our charity partnerships and raise awareness of DIPG and other childhood cancers.
The trustees plan to review the current allocation of 40% of funds to research, 40% to support families and 20% for overheads/ expenditure at the next trustee AGM, to agree an alternate split in funding distribution with a view to this being focused towards offering grants. Due to the current reduction in income funding streams.
Structure
The charities name is “Islastones Foundation” and was registered with the charity commission on the 21st January 2020 under the registration of 1187471.
The trustees have appointed a sub-group of Chair, Treasurer, and Secretary to consider the distribution of beneficial grants on its behalf and to make a decision in accordance with the charitable purposes and objectives.
Governance and management
The trustees of the Islastones Foundation are responsible for the general control and management of the administration of the charity.
Page 3
Islastones Foundation Trustees, Report (continued) ri ft Simon Tan5¢y l¢hèir} Katherine Tan5Cy Diane Saunders Jacqueline Moore Laura Smith Islastones FoundÈtion is small f3mily led chariry. Its governance remains solely the respojjsibility of the existiTrg rnber trusiees who have r]rsi bat experience of ¢hildbood cancer, research and healih knowledge and have the abiliiies to lead the charities work. The trustees govem the activitL¢5 of the charity and drive it forward on a daily basis with the support of fa1]y, fri¢nd$ and voluntecrs who giv¢ up thetr time to 5UPPOrt and organtse Chariry events al fulfLlm¢nt of our iims and objectives for.b]I¢ bertefji" No one in ctsnnection of the Islaslortes Foundation receiv¢s paymeni or brTr¢fit of any kind. The annual r¢port was approvcd by the ¢rvsiees of the charity on 4 October 2024 and Signed on ils bchalf by.. MT Simon T2 Chairn)an and tr1¢¢ Pag¢ 4
Islastones FoundAtlon Statement of Trustees, Responsibilities The trustees are responsible for preparing the trustee5' rq>ort and tlic financial stgtemeots in a¢cordNnce with th¢ Uniled Kingdom Accounling Standards {Unit¢d Kingdom Genrrally A¢cepied Accounting PT3¢1i¢el and applicable law and regulations. Thc law applicabl¢ to ch3ritl¢S Tequire5 th¢ trusi¢e$ to prepare fjnaneial statements for each financial year which giv¢ a tTU¢ and fair vi¢w of the slkte of affÈiTS of ihe ¢haT]iy and of ihe tttcoming rcsources and application of oTt¢s of Ihe thariiy for ihai period. In preparing these fjnancial slaiement& the trustee5 are required to.. select suitable accounting polkcies and then apply them consistently> observe the n)ethods and principles ID the Charitie5 SORP: make judgemetsis and estimaics th&t are reasonable and prudenl: 5tste whether applicablc accounting standards have been followed. subject lo any material departures disclosed and cxplained in lh¢ fjnancial statements; and prepare the financial statem¢nts on the going concern S15 unle$5 it 15 inappropriate to piegume that the charity will continu¢ in busine5S. The truslees are responsible for k¢¢ping prOr accounting Tecords that disclose with reasonable accuracy al any time the financial pD51tion of the charity and ¢llabl¢ theTn to ¢nsure ihal the financial siaiemertis comply with ihe Cli&riti¢s Act 2011, the Char]tie5 (Accouttis attd Reports) Rc¥ulalions 2008, and the provisions of the conslilljlJoA. The in]sices arc also rcsponsiblc for safeguarding ihc asseis of the charity and hence for taking reasonable steps for the prcvcntion and dctcclion of fraud and other irregularities. The trustees arc re5ponsibl¢ for the Nkgintenance and int¢gTity of tli¢ corporat¢ ar)d financial infonnation included on the charitsble companls wcbsil¢. Lcgi51alson gov¢miag th¢ preparation and dissemination of riiiancial statements may diifcr froni Icgislalion in gther jurisdiclions. Approved by the INSe5 of ihe charity on 4 October 2024 and si8ncd on its bchaifby= Mr Sii Chaimian and irust¢e Page 5
Islastones Foundation Independent Examiner's Report to the trustees of Islastones Foundation l report to thc iruslcc5 on my examination of the &ccounts of Islaston¢5 Foundation for the ycar endcd 20 January 2024. Responsibilities bAsis of report As ihc charity trusl¢c5 of Islasioncs Foundation you arc rcsponsible for the preparation of thc accounts in accordancc with thc requirements of the Charities Act 2011 I'ilie Act'l. I r¢pDrt in respect of my ex3mination of the 151a¥ton¢s FoundatlOT)'5 ac¢ounts ¢arried oui under se¢tion 145 of th¢ 2011 Act and in raTryir)g out my eXPmiNttlioTr I have followed ttll ihe applicable Dtreetions given by the Charity Commission under section 14515)Ib) of the Act. Independent ex8miner's stalen1 I have complctcd my cxaminaiion. I confinn that no marerial marters have come to my att¢niion in conneclion th the examination giving me cause to believe that io any mateTJal respect.. accounting r¢cords were not k¢pt in rcspect of151astones Foundation as rcquircd by section 130 of the Act. or 2. the accounts do not arcord wilh th05e r¢¢ords: or 3. the accoun15 do nol cornply with lh¢ arrounling WUiT¢menls ronr¢rnin¥ the foTJn and conlenl of account sei out in Ihe Charilies IAc¢our)ts and Reports) Regll131ion5 2008 oiheT Ihan any requirem¢ni that the aecounis give a 'inie artd fair view, wliich is noi 2 matter con%idered as part of an independent examioaison. I have no concerns and have come across no other mallers in eonneelion with the ¢xarninaiion io iYl)ich allention should be drawE] in this report Jn tsrdcr to enablc a PTop¢r uttdersttndittg of the aecounis to be Teaih¢d. Indepcrtdcni Examiner CIMA I l De Montfort Road Hinckl¢y LEIO ILQ 4 October 2024 Page 6
Islastones Foundation
Statement of Financial Activities for the Year Ended 20 January 2024
| Note Income and Endowments from: Donations and legacies Total income Expenditure on: Raising funds Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 11 Note Income and Endowments from: Donations and legacies Other trading activities Total income Expenditure on: Raising funds Charitable activities Total expenditure Net expenditure Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 11 |
Unrestricted funds £ 29,257 29,257 (4,233) (4,233) 25,024 25,024 68,682 93,706 Unrestricted funds £ 34,823 37 34,860 (56,342) - (56,342) (21,482) (21,482) 105,879 84,397 |
Total 2024 £ 29,257 |
|---|---|---|
| 29,257 | ||
| (4,233) | ||
| (4,233) | ||
| 25,024 | ||
| 25,024 68,682 |
||
| 93,706 | ||
| Total 2023 £ 34,823 37 |
||
| 34,860 | ||
| (56,832) (15,225) |
||
| (72,057) | ||
| (37,197) | ||
| (37,197) 105,879 |
||
| 68,682 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 11.
The notes on pages 9 to 17 form an integral part of these financial statements. Page 7
IslAstone$ Foundation (Registration number: 1187471) Balance Sheet as at 20 Jnuary 2024 2024 2023 Note Current a55ets Cash ai bank and hand 85.317 68,970 Credltors- Amuunts falline dut within one year 10 1288) 85.029 1288) Net a55ets 68.682 Fund$ of the ehrity: Unrt5tricted intoThe fund5 Unresiricted funds 85.029 68.682 Totsl 85,029 68,682 Th¢ financial 5t&tem¢nts on pages 7 10 17 were approved by the irusiets. and authorised for is5u¢ on 4 October 2024 a[ on their behalf by- Chairnun and Irustee The note5 on pag¢5 9 10 17 fonn tnlegral part of ihese financial statements. Pa¥e 8
Islastones Foundation
Notes to the Financial Statements for the Year Ended 20 January 2024
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Islastones Foundation meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) 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.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Page 9
Islastones Foundation
Notes to the Financial Statements for the Year Ended 20 January 2024 (continued)
Grant provisions
Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Page 10
Islastones Foundation
Notes to the Financial Statements for the Year Ended 20 January 2024 (continued)
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
Page 11
Islastones Foundation
Notes to the Financial Statements for the Year Ended 20 January 2024 (continued)
Debt instruments
Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method:
(a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.
(b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged.
(c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a).
(d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods.
(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law.
(f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c).
Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment.
With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss.
Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment.
Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.
Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.
Page 12
Islastones Foundation
Notes to the Financial Statements for the Year Ended 20 January 2024 (continued)
Derivative financial instruments
The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate movements. The charity does not hold or issue derivative financial instruments for speculative purposes.
Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. The resulting gain or loss is recognised in statement of financial activities immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship.
Fair value measurement
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.
2 Income from donations and legacies
| Donations and legacies; Donations from individuals Total for 2024 Total for 2023 |
Unrestricted funds General £ 29,257 29,257 34,823 |
Total funds £ 29,257 |
|---|---|---|
| 29,257 | ||
| 34,823 |
3 Income from other trading activities
| Total for 2024 Total for 2023 |
Unrestricted funds General £ - 37 |
Total funds £ - |
|---|---|---|
| 37 |
Page 13
Islastones Foundation
Notes to the Financial Statements for the Year Ended 20 January 2024 (continued)
4 Expenditure on raising funds
a) Costs of generating donations and legacies
| Note Donated services and gifts in kind Allocated support costs Total for 2024 Total for 2023 b) Costs of trading activities Note Fundraising trading costs; Remuneration payable to agents Costs of goods sold Property rental income costs Total for 2024 Total for 2023 c) Other costs of generating donations and legacies Costs of generating donations and legacies Costs of trading activities Total for 2024 Total for 2023 |
Unrestricted funds General £ 1,268 184 1,452 51,554 Unrestricted funds General £ 528 641 1,395 2,564 4,788 Note Direct costs £ 1,452 2,781 4,233 56,832 |
Total funds £ 1,268 184 |
|---|---|---|
| 1,452 | ||
| 51,554 | ||
| Total funds £ 528 641 1,395 |
||
| 2,564 | ||
| 4,788 | ||
| Total funds £ Total costs £ 1,452 2,781 |
||
| 4,233 | ||
| 56,832 |
Page 14
Islastones Foundation
Notes to the Financial Statements for the Year Ended 20 January 2024 (continued)
5 Expenditure on charitable activities
| 5 Expenditure on charitable activities |
||
|---|---|---|
| Grants Total for 2023 |
Note Activity undertaken directly £ 8,559 15,225 |
Total funds £ Total expenditure £ 8,559 |
| 15,225 |
6 Net incoming/outgoing resources
Net incoming/(outgoing) resources for the year include:
Page 15
Islastones Foundation
Notes to the Financial Statements for the Year Ended 20 January 2024 (continued)
2024 £
7 Trustees remuneration and expenses
8 Taxation
The charity is a registered charity and is therefore exempt from taxation.
9 Cash and cash equivalents
| 9 Cash and cash equivalents |
|||
|---|---|---|---|
| Cash at bank 10 Creditors: amounts falling due within one year Accruals 11 Funds Balance at 21 January 2023 £ Unrestricted funds General 68,682 Balance at 21 January 2022 £ Unrestricted funds General 105,879 |
Incoming resources £ 29,257 Incoming resources £ 34,823 |
2024 £ 85,317 2024 £ 288 Resources expended £ (1,452) Resources expended £ (51,554) |
2023 £ 68,970 |
| 2023 £ 288 |
|||
| Balance at 20 January 2024 £ 96,487 |
|||
| Balance at 20 January 2023 £ 89,148 |
12 Analysis of net assets between funds
13 Analysis of net funds
| Cash at bank and in hand Net debt Page 16 |
At 21 January 2023 £ 68,970 68,970 |
At 20 January 2024 £ 68,970 68,970 |
|---|---|---|
Islastones Foundation
Notes to the Financial Statements for the Year Ended 20 January 2024 (continued)
| Cash at bank and in hand Net debt |
At 21 January 2022 £ 106,166 106,166 |
At 20 January 2023 £ 106,166 |
|---|---|---|
| 106,166 |
14 Related party transactions
Page 17
Islastones Foundation
Statement of Financial Activities by fund for the Year Ended 20 January 2024
| Income and Endowments from: Donations and legacies Other trading activities Total income Expenditure on: Raising funds Charitable activities Total expenditure Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Total Unrestricted Funds 2024 £ 29,257 - 29,257 (4,233) (8,559) (12,792) 16,465 16,465 68,682 85,147 |
Total Unrestricted Funds 2023 £ 34,823 37 |
|---|---|---|
| 34,860 | ||
| (56,832) (15,225) |
||
| (72,057) | ||
| (37,197) | ||
| (37,197) 105,879 |
||
| 68,682 |
This page does not form part of the statutory financial statements. Page 18
Islastones Foundation
Detailed Statement of Financial Activities for the Year Ended 20 January 2024
| Income and Endowments from: Donations and legacies (analysed below) Other trading activities (analysed below) Total income Expenditure on: Raising funds (analysed below) Charitable activities (analysed below) Total expenditure Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Total 2024 £ 29,257 - 29,257 (4,233) (8,559) (12,792) 16,465 16,465 68,682 85,147 |
Total 2023 £ 34,823 37 |
|---|---|---|
| 34,860 | ||
| (56,832) (15,225) |
||
| (72,057) | ||
| (37,197) | ||
| (37,197) 105,879 |
||
| 68,682 |
This page does not form part of the statutory financial statements. Page 19
Islastones Foundation
Detailed Statement of Financial Activities for the Year Ended 20 January 2024 (continued)
| Donations and legacies Committed giving Appeals and donations Grants - other agencies Other trading activities Sales of purchased goods Raising funds Fees and supplies Fundraising costs Materials Rent Insurance Equipment repairs and renewals Independent examiner's fee Telephone and fax Research and development Legal and professional fees Bank charges Charitable activities Grants payable - individuals |
Total 2024 £ 6,758 22,499 - 29,257 - - (217) (1,268) (641) (1,395) - - (528) - - (20) (164) (4,233) (8,559) (8,559) |
Total 2023 £ 10,907 22,791 1,125 |
|---|---|---|
| 34,823 | ||
| 37 | ||
| 37 | ||
| (466) (1,321) (1,652) (2,190) (192) (490) (288) (65) (50,000) (60) (108) |
||
| (56,832) | ||
| (15,225) | ||
| (15,225) |
This page does not form part of the statutory financial statements. Page 20