Charity Registration No. 1192770
PAK7 INTERNATIONAL CIO
TRUSTEES' REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
PAK7 INTERNATIONAL CIO
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees A Mahand Monsignor M Nazir-Ali A Mall N Khan Charity number 1192770 Principal address Marlborough House 2 Charnwood Street Derby DE1 2GT Independent examiner Azets Audit Services Gladstone House 77-79 High Street Egham Surrey TW20 9HY
PAK7 INTERNATIONAL CIO
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 4 |
| Independent examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the accounts | 8 - 13 |
PAK7 INTERNATIONAL CIO
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their first report and accounts of the charity for the year ended 31 December 2024.
Structure, governance and management
The charity was established as a Charitable Incorporated Organisation on 14 December 2020.
The trustees who served during the year were: A Mahand Monsignor M Nazir-Ali A Mall N Khan
Management is delegated on a daily basis to the Chief Executive Officer.
Objectives and activities
The objects of the CIO are, for the public benefit, to advance the Christian religion throughout the United Kingdom and Pakistan in accordance with the statement of faith.
To this end PAK7 International works with partners in Pakistan in 4 key areas:
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Programs for National TV: that change attitudes to Christians and the Gospel.
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Programs for Christian TV: where we strengthen the church and invest in the next generation.
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Social Media: where videos lead to online chat about issues of life and faith.
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Capacity Building: by investing in media training and equipment.
Public benefit statement
Section 4 of the Charities Act 2011 require charity trustees to comply with their duty to have due regard to public benefit guidance published by the Charity Commission in exercising their power and duties.
The trustees have referred to the guidance regarding our aims and objectives and when planning future activities. We have also considered how our planned activities will contribute to the aims and objectives we have set.
Achievements and performance
Programs for National Television in Pakistan
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These programs help to foster good relationships between people of all faiths in Pakistan, and show the positive ways that Christians are serving their nation.
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PAK7 produced a number of programs to combat the health epidemic in Pakistan - dealing with obesity, diabetes, and heart disease. Through a Get Fit show and two series of healthy eating cooking shows.
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At the beginning of the year we also made a documentary about a Waste Management project in Karachi run by Tearfund to help people learn about caring for their environment, and the impact on improved health.
Social Media in Pakistan
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PAK7 produced a number of short videos to be shown on Facebook and other online platforms, that addressed felt-needs like loneliness, anger, forgiveness, and which also helped to explain the Christian faith.
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Audiences were able to contact our support team to ask questions and talk about their challenges and experiences via messaging platforms.
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In 2024 our videos were watched 18.5 million times and over 40,000 people contacted us for help through online chat. We were able to pray with over 8,000 of these people and help them by sharing about the Christian faith and through the provision of over 1,500 Bibles.
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We also partnered with an additional organisation to help them with the follow-up of people who responded to their campaigns.
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PAK7 INTERNATIONAL CIO
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
Programs for Christian Television in Pakistan
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A large number of programs were produced by PAK7 partners in 4 production centres across Pakistan (Rawalpindi, Lahore, Faisalabad, Karachi). These included programs for children, youth and women.
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Key programs made for children included: Christian music videos, a current affairs program that helped children engage with major news events, and a fun science show that explored both science and faith.
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Women’s programs were once again a focus and we made further seasons of Women of the Bible, Best Friend, and Daughter of Eve. We also made another series of the testimony program, My Story, which featured dramatised retellings of people’s life stories and how God had been real to them in those situations.
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Youth programs included the eye-catching ‘Adventure Theology’ series which sought to make Christian teaching accessible to young people, by getting pastors and theologians to deliver a short sermon whilst on a rollercoaster or a zipwire. We also made a comedy sketch show, a program for entrepreneurs, and some Christian rap music.
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The TV channel celebrated its second year on air in April 2024, and audience research was conducted in December 2024 with the help of a professional research company, the results of which are still pending at the time of this report.
Capacity Building in Pakistan and in the UK
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Through our partners we ran a 10-week residential Media Training course for 20 young Pakistani Christians to help them grow in their faith and to learn how to communicate that faith through video. The course covered storytelling, pre-production, camera skills, audio, lighting, editing.
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At the end of the course we invited 11 of the graduating students to join a 12 month internship program where they could continue to practise their skills.
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PAK7 also ran 9 one-week video skills courses in different cities across Pakistan where local charities and churches were able to send their people to learn how to use the media.
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In total PAK7 has trained over 120 young Pakistanis to use the media in 2024.
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Our investment in a UK based fundraising resource has begun to deliver results in the form of grants and improved relationships with UK & European foundations.
Risks and uncertainties
As a relatively new charity, PAK7 International’s challenges are frequently resource based.
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Firstly, finding sufficient numbers of staff with good media skills is a challenge. It is partly for this reason that PAK7 continues to run a comprehensive set of training courses and internships.
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Secondly, building reliable income streams takes time, and although PAK7 met its income budget, cashflows were at times under pressure.
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Linked to that is the fact that PAK7 has a relatively high ratio of fixed costs to variable costs, and relatively low reserves, meaning that shortfalls in income would be quickly felt.
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PAK7 INTERNATIONAL CIO
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
Financial review (including reserves policy)
PAK7 International was the beneficiary of a number of grants from its sister charity PAK7 US, a registered 501(c)3 in the USA, which accounted for much of the income. PAK7 US raises funds in the name of PAK7, and is fully aligned with the aims and objectives of PAK7 International.
In addition, in 2024 a far greater number of grants were received from UK and European organisations, and in some cases those were paid into PAK7 International’s new bank account (which was finally set up in October 2024).
A small number of UK donors also provided monthly income to support the work, and although this provides relatively small amounts of income, this is the area that we would most like to grow in the coming years, as it provides a more stable platform, with diversified risk and unrestricted funding.
Overall PAK7 International raised sufficient funds to meet its obligations during the period.
PAK7 International has a reserves policy to hold 3 months of planned expenditure of reserves to ensure continued financial security and to provide for contingencies. However, thus far insufficient funds have been raised to enable this policy to be applied. Note, that these reserves may be held by PAK7 sister charities around the world.
Plans for the future
One big focus for 2025 will be putting in place better back office functions to support the work in Pakistan, including an Operations Director, an International Finance Manager, and an HR Officer. This is vital if we are to scale the operation in the future and continue to grow our impact. This will also be accompanied by the formation of a new Leadership Team for PAK7 International.
With regards to the operation of the channel, we will continue to produce more and better programming to build the audience and communicate the positive messaging that we want to encourage local Christians and to be a good witness to people of other faiths. We will continue to focus on children, youth and women - and will work to sustain the entertainment value of our programs, recognising that we need to compete for audience attention.
Social Media activities will continue to share our messaging with people across Pakistan, and we are investing in systems and partner organisations to improve the follow up with those who want to learn more about the Christian faith.
Lastly we will continue our focus on training and equipping local believers in media, knowing that it is foundational to the messaging that is put out in Pakistan as a whole. In 2025 we will grow our focus on our alumni, working harder to see them be successful in the job market and in setting up their own businesses.
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PAK7 INTERNATIONAL CIO
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
Statement of trustees' responsibilities
The trustees are responsible for preparing the Trustees' Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.
In preparing these accounts, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 2011 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the board of trustees
..............................
Monsignor M Nazir-Ali Trustee Dated: ......................... 4th May, 2025
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PAK7 INTERNATIONAL CIO
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PAK7 INTERNATIONAL CIO
I report on the accounts of the charity for the year ended 31 December 2024, which are set out on pages 6 to 13.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination being a qualified member of .
It is my responsibility to:
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(i) examine the accounts under section 145 of the 2011 Act;
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(ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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(iii) to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(a) which gives me reasonable cause to believe that in any material respect the requirements:
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(i) to keep accounting records in accordance with section 130 of the 2011 Act; and
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(ii) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act;
have not been met; or
- (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Paul Creasey FCA Azets Audit Services
Gladstone House 77-79 High Street Egham Surrey TW20 9HY United Kingdom
Dated: .........................
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PAK7 INTERNATIONAL CIO
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024
| Notes Incoming resources from generated funds Donations and legacies 2 Resources expended 3 Costs of generating funds Costs of generating donations and legacies Net incoming resources available Charitable activities Activities undertaken and support costs Governance costs Total resources expended Net income/(expenditure) for the year/ Net movement in funds Fund balances at 1 January 2024 Fund balances at 31 December 2024 |
2024 £ 818,050 79,016 739,034 689,152 12,498 780,666 37,384 33,676 71,060 |
2023 £ 738,929 60,998 677,931 652,279 28,620 741,897 (2,968) 36,644 33,676 |
|---|---|---|
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PAK7 INTERNATIONAL CIO
BALANCE SHEET
AS AT 31 DECEMBER 2024
| 2024 Notes £ Fixed assets Tangible assets 10 Current assets Debtors 11 79,619 Cash at bank and in hand 4,452 84,071 Creditors: amounts falling due within one year 12 (17,143) Net current assets Total assets less current liabilities Income funds Unrestricted funds |
2023 £ £ 4,132 71,502 - 71,502 (37,826) 66,928 71,060 71,060 71,060 |
£ - 33,676 |
|---|---|---|
| 33,676 | ||
| 33,676 | ||
| 33,676 |
The accounts were approved by the Trustees on ......................... 4th May, 2025
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Monsignor M Nazir-Ali Trustee
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PAK7 INTERNATIONAL CIO
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
1 Accounting policies
1.1 Basis of preparation
PAK7 International CIO is a charitable incorporated organisation registered with the Charity Commission in England & Wales. The office address is Marlborough House, 2 Charnwood Street, Derby, Derbyshire, DE1 2GT.
The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, "Accounting and Reporting by Charities" ("The Charities SORP FRS 102), effective 1 January 2019 and the Charities Act 2011.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
Going concern
The trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future being for a period of at least 12 months from the approval of these financial statements and believe that it remains appropriate to prepare the financial statements on a going concern basis.
1.2 Incoming resources
Donations are recognised when the company has entitlement to the income, it is probable that the income will be received and the amount can be measured reliably.
Donated services and facilities
Donated services and facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
1.3 Resources expended
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
Expenditure on charitable activities
Expenditure on charitable activities comprise 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.
Governance costs
Governance costs includes those costs associated with the constitutional and statutory requirements of the charity and include the independent examiner's fees and costs linked to the strategic management of the charity.
1.4 Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
3 years straight line
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PAK7 INTERNATIONAL CIO
NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
1 Accounting policies
(Continued)
1.5 Trade and other payables
Trade and other payables are measured at their transaction price unless the arrangement constitutes a financing transaction in which case the transaction is measured at present value of future payments discounted at prevailing market rate of interest. Other financial liabilities are initially measured at fair value net of their transaction costs. They are subsequently measured at amortised cost using the effective interest method.
1.6 Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.
2 Donations and legacies
| Donations in kind Donations |
2024 £ 782,349 35,701 818,050 |
2023 £ 713,785 25,144 |
|---|---|---|
| 738,929 |
Donations in kind includes £17,727 (2023: £Nil) of fixed assets which were gifted from the PAK7 US Inc.
3 Total resources expended
| Costs of generating funds Costs of generating donations and legacies Charitable activities Activities undertaken and support costs Activities undertaken directly Support costs Total Governance costs |
2024 £ 79,016 604,904 84,248 689,152 12,498 780,666 |
2023 £ 60,998 |
|---|---|---|
| 592,047 60,232 |
||
| 652,279 | ||
| 28,620 | ||
| 741,897 |
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PAK7 INTERNATIONAL CIO
NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
4 Costs of generating donations and legacies
| Staff costs Office studio/rental Office supplies Travel Telephone Printing Postage & shipping Education and training Bank fees Subsistence Other expenses 5 Activities undertaken directly Staff costs Rent Maintenance and repairs Office supplies Production costs Contractors Software Legal and professional fees Education and training Travel Subsistence Subscriptions Telephone and fax Health insurance Bank charges |
2024 £ 58,410 - 622 13,719 53 72 22 132 - 1,782 4,204 79,016 2024 £ 95,095 34,468 8,627 28,012 121,450 263,563 2,325 7,232 18,841 21,207 1,415 - 85 2,375 209 604,904 |
2023 £ 50,468 252 224 8,243 47 30 66 547 34 878 209 |
|---|---|---|
| 60,998 | ||
| 2023 £ 78,728 34,917 34,840 22,838 138,922 238,399 3,023 18,870 6,922 12,261 1,232 720 - - 375 |
||
| 592,047 |
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PAK7 INTERNATIONAL CIO
NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
6 Support costs
| Staff costs Rent Office supplies Telephone and fax Printing Postage and stationery Software Legal and professional fees Insurance Education and training Travelling expenses Subsistence Subscriptions Bank charges Exchange gain or loss Fines and penalties Depreciation 7 Governance costs Auditors remuneration Trustee expenses |
2024 £ 52,668 - 202 185 322 219 1,601 6,907 1,887 - 2,987 291 375 230 89 - 16,285 84,248 2024 £ 4,500 8,000 12,498 |
2023 £ 37,749 656 1,638 368 184 13 2,855 4,134 1,757 48 7,908 430 265 988 487 752 - |
|---|---|---|
| 60,232 | ||
| 2023 £ 4,500 24,120 |
||
| 28,620 |
8 Trustees
The only transactions with the trustees relate to the reimbursement of reasonable travel and subsistence costs to attend meetings held by the charity of £8,000 (2023: £24,120).
No remuneration was paid to the Trustees in the year.
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PAK7 INTERNATIONAL CIO
NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
9 Employees
Number of employees
The average monthly number of employees during the year was:
| Employees Employment costs Wages and salaries Social security costs Other pension costs The number of employees whose remuneration was £60,000 or more were: £70,000 - £75,000 |
2024 Number 5 2024 £ 177,763 17,874 10,535 206,172 2024 Number 1 |
2023 Number 5 |
|---|---|---|
| 2023 £ 152,756 15,222 8,966 |
||
| 176,944 | ||
| 2023 Number - |
10 Tangible fixed assets
| Tangible fixed assets | |
|---|---|
| Fixtures, | |
| fittings & | |
| equipment | |
| £ | |
| Cost | |
| At 1 January 2024 | - |
| Additions | 2,690 |
| Donated assets | 17,727 |
| At 31 December 2024 | 20,417 |
| Depreciation | |
| At 1 January 2024 | - |
| Charge for the year | 16,285 |
| At 31 December 2024 | 16,285 |
| Net book value | |
| At 31 December 2024 | 4,132 |
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PAK7 INTERNATIONAL CIO
NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
| 11 Debtors Other debtors Prepayments Accrued Income 12 Creditors: amounts falling due within one year Other taxation and social security Accruals |
2024 £ 73,591 6,028 - 79,619 2024 £ 8,063 9,080 17,143 |
2023 £ 57,214 4,046 10,242 |
|---|---|---|
| 71,502 | ||
| 2023 £ 29,066 8,760 |
||
| 37,826 |
13 Unrestricted funds
| Movement in | funds | ||||
|---|---|---|---|---|---|
| Balance at 1 | Income | Expenditure | Balance at 31 | ||
| January 2024 | December 2024 | ||||
| £ | £ | £ | £ | ||
| Unrestricted funds | 33,676 | 818,050 | (780,154) | 71,572 | |
| 33,676 | 818,050 | (780,154) | 71,572 |
14 Related parties
Costs totalling £764,623 (2023: £741,897) were paid in the period and subsequently donated to the charity by PAK7 US Inc, a related not for profit entity with trustees and objectives in common.
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