Little Giving Annual Report and Financial Statements
Year Ended 31 December 2024
Administrative Details
Charity name: Little Giving Registration number: 1190004 Principal address: 133 Milton Avenue, London E6 1BN Current trustees: Usman Rasul, Imran Tailor, Reedwan Iqbal
Structure, Governance and Management
Little Giving is an unincorporated trust with objects and regulations set out in the trust deed dated 1 April 2020. Trustees are responsible for governance, management and operations of the charity, and communicate regularly to fulfil these functions. New trustees are identified and appointed by existing trustees, and supported as needed. The charity has no employees.
Objectives, Activities and Achievements
The objects of the charity are to advance any charitable purposes as determined by the trustees at their discretion. The charity met these objectives by funding organisations specialising in emergency aid, education, and hardship relief, through its daily donation programme and general grants. This year, the charity received £640,879 [2023: £485,068] in public donations, and awarded a total of £629,999 [2023: £475,990] in grants (delivered and committed), with due regard for the Charity Commission’s guidance on public benefit.
The daily donation programme supports a variety of charities from large aid organisations like the Palestine Red Crescent Society to smaller specialist charities like the Nawaal Benevolence Fund. This year, over 25 organisations received funding from the programme, with four receiving amounts exceeding £20,000, and ten others receiving more than £10,000.
Financial Review, Risks and Plans
At 31 December 2024, the charity held restricted funds of £26,854 and unrestricted funds of £50,470. The charity aims to continue its daily donation programme and other activities; and to maintain sufficient reserves for that purpose. The trustees do not foresee any material risks or uncertainties that might affect the charity’s ability to continue operating.
Approved by the trustees and signed on their behalf,
Reedwan Iqbal 31 October 2025
Statement of Financial Activities for the Year Ended 31 December 2024
| Income Donations Income tax recovered Total income Expenditure Charitable grants Operational costs Fundraising costs Total expenditure Net income Transfers between funds Net movement in funds Funds brought forward Funds carried forward |
Restricted funds 629,881 Nil 629,881 626,092 360 Nil 626,452 3,429 1,660 5,089 21,765 26,854 |
Unrestricted funds 10,998 Nil 10,998 3,907 26,603 204 30,714 (19,716) (1,660) (21,376) 71,846 50,470 |
Total funds this year |
Total funds last year 485,068 88,772 |
|---|---|---|---|---|
| 640,879 | ||||
| Nil | ||||
| 640,879 | 573,840 | |||
| 475,990 2,326 270 |
||||
| 629,999 | ||||
| 26,963 | ||||
| 204 | ||||
| 657,166 | 478,586 | |||
| 95,254 | ||||
| (16,287) | ||||
| (16,287) | 95,254 | |||
| (1,643) 93,611 |
||||
| 93,611 | ||||
| 77,324 |
Balance Sheet as at 31 December 2024
| Current assets Cash Current liabilities Grant commitments Other creditors Accruals Total liabilities Net current assets Net assets Total funds |
Restricted funds 111,484 (84,630) Nil Nil (84,630) 26,854 26,854 26,854 |
Unrestricted funds 85,733 Nil (10,951) (24,312) (35,263) 50,470 50,470 50,470 |
Total funds this year |
Total funds last year |
|---|---|---|---|---|
| 197,217 | 157,491 | |||
| (52,929) (10,951) Nil |
||||
| (84,630) | ||||
| (10,951) | ||||
| (24,312) | ||||
| (119,893) | (63,880) | |||
| 93,611 93,611 |
||||
| 77,324 | ||||
| 77,324 | ||||
| 77,324 | 93,611 | |||
Statement of Cash Flows for the Year Ended 31 December 2024
| Net income Adjustment for change in creditors Net cash from operating activities Change in cash Cash at the beginning of the year Cash at the end of the year |
Total funds this year |
Total funds last year 95,254 (1,847) |
|---|---|---|
| (16,287) | ||
| 56,013 | ||
| 39,726 | 93,407 | |
| 93,407 64,084 |
||
| 39,726 | ||
| 157,491 | ||
| 197,217 | 157,491 | |
Approved by the trustees and signed on their behalf,
Reedwan Iqbal 31 October 2025
Notes to the Financial Statements
The financial statements have been prepared on a going concern basis under the historic cost convention and in line with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), in Sterling.
The charity meets the definition of a public benefit entity under FRS 102.
Donations are recognised when receivable, receipt is probable, and the amount can be reliably measured. Where donations are made through a payment or funding intermediary, they are recognised upon settlement and at the settlement amount. Income tax recoverable is recognised at the time the claim is accepted.
Expenditure and liabilities are recognised once there is an obligation to make a payment to a third party, it is probable that settlement will be required, and the amount can be reliably measured. All expenditure and liabilities are accounted for on an accruals basis.
Restricted funds are assets designated or donated for specific purposes, and must be used according to donor instructions. Unrestricted funds are available for meeting general objectives of the charity, as determined by the trustees.
There were no employees during the year. Trustees did not receive remuneration for their roles. A trustee provided operational and administrative support during the year, for which £24,312 has been accrued in accordance with the charity’s governing document. This remains unpaid at year end. An interest-free loan of £10,951 from a trustee remains outstanding and is payable on demand. This is presented as a current liability (previously stated as a long-term liability). Trustees made donations during the year on the same terms as other donors. No other related party transactions occurred which require disclosure.
Details on institutions and purposes that receive grants from the charity can be accessed at www.littlegiving.org.
Independent Examiner’s Statement
I have examined the accounts of Little Giving for the year ended 31 December 2024 under section 145 of the Charities Act 2011. This is an independent examination and no audit opinion is given.
No matter has come to my attention which gives me reasonable cause to believe that, in any material respect, the requirements of the Charities Act 2011 have not been met, or that accounting records have not been properly kept, or that the accounts do not accord with those records.
I have found no matter to which attention should be drawn to enable a proper understanding of the accounts to be reached.
Hassan Jamshaid, ACMA, CGMA Membership body: CIMA
138 Briercliffe Road, Burnley BB10 1TU
31 October 2025