Charity number. 1192800
THE BESOM NETWORK
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

THE BESOM NEfwoRK
¢ONTENT8
Page
. R•f•r•nc¢ and administralive details of the Charity, Its Truste•s and advisers
Trust••s' report
Trust••s' r•sponslbllltl•s stat•ment
Ind•p•nd•nl •xamln•r's r•port
Statem•nt of ffinan¢l41 *clivilios
8alanc• sheel
Not•s to the finanelal stat•m•nts
8-16

THE BESOM NETWORK
REFERENCE AND ADMINISTRATniE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR ThE YEAR ENDED 31 MAY 2024
Trust•
Mr A Hewat
Mr S Winks
Mrs J Winks
Mrs J Brand
Mrs A Emmins
Mr R Habgood
Mr M Emmins (appointed 14 August 20231
Charlty r•glst•r•d numb•r
1192800
Prfnolpal offl&•
3 Newhous• BU￿ne$S Centre
Old Crawley Road
Horsham
Wesl Sus98X
RH124RU
Aooountsnts
Baldwln Scofield Account8ncy LLP
Chartered Accounlanls
3 N&whouse Busine88 Centre
Old Crawlay Road
Horsham
Wesl Sussex
RH12 4RU
Page 1

THE BE30M NETWORK
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MAY 2024
The Tnjstees present their annual report logeth&r with the finanaal statements of the The Besom Netsvork ft)r
the year 1 Jurie 2023 to 31 May 2024.
ObJectiv•s and a￿1vItIeS
• Policles and objectiv•s
The charity's objectives are the relief of those in need. by reason of 8ge, ill health, disability, financial or other
social disadvantsge and the advancement of the Christian religion, in particular, but not exclusively, by
facilitating, supporttng, equipping and resourcing the nelwork of Besoms, and any other charitable initiatives that
further the fulfilment of th8 charity's objects, in the UK and overseas.
The principle reason for the creation of The Besom Neiwork was to facilitato and continue the work originally
started in 2014 by The Besom charity which supported and oncouraged individual Besoms across the UK to
enable Chtistians to be a bridge betsveen people who wished lo give and those on the margins of society who
needed items to Iwe in accommodation. In addition, The Besom also carried out projects in poorer parts of the
Wotld. In 2019 the founder ofThe Besom decided to step down and so a new charity was needed.
In setting objectwes and planning for activities, the Trustees have given due consideration to general guidance
published by the Charty Commission relating lo public benefit, including the guidance 'Public benefft.. running a
charity {PB21'.
• Main a￿1VItIeS undertak•n to furth•r tho Charity's Purpos￿ lor the publ1¢ b•nefft
2023r24 has been largety spent developing a new organisational slnjcture.. reallocating responsibilities and
deciding where our immediate focus should be to future proof the charity, encourage the other Besom charities
and provide effecb.ve support thereof. The vision to grow the network remains central to the Iruslees. To this end
Communications Lead was recruited for 2023124, with the objective to raise the profile of the refreshed 'Vision
and Mission" and spread our message more effectivety to a wider audience. In keeping with our core values no
grant applirations or direct knndraising has taken place, we continue lo pray for what is needed.
There are currendy 20 Besoms in England and it is anticipated that this will grow throughout 2023 and 2024.
Achi•v•m•nts and pèrft4rn￿n¢e
Main aehl•v•m•nts of the Charity
Dèv•lopmont of ¢oll*boratlv• partn•rships
The trustees have focused on developing relationships with people that share similar values in like minded
organisations in order lo clearly communicate the Besom vision and mission. to deepen relab"onships and to
establish t))Ilaborative approaches in delivering services to those less well off in society.
Time has been spent neiwoTking at national church leadership COnferen￿S engaging wfth leaders rekindling old
relationships and forging new ones.
Focus on communicallon
Developments in digital communications are beginning to bear fruit. The Besom social media presence in
building, Besom Nelwort and individual Besom Instagram Facebook and Linkedln content and volume is
growing.
Brand rn¢ognltlon
The rebranding effort is paying dividends the new logo is now established across the nelwork and is gaining in
populartty with time givers and generally.
Page 2

THE BESOM NETWORK
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
Flnan¢l•l r•vl•w
• Golng ¢ona•rn
After making approprbate enqulries the Trustees have a reasonable expg*tion that the Charity has adequate
reSoU￿S to continue in operational existence for the foreseeable fvtsjre. For this reason, they continue to adopt
the going concem basis in preparing the finanaal stalem8nls. Further delails regarding the adoptson of the going
¢oncem basis can be found in the acc%Junting wlici8S.
• R•s•tv•s polloy
11 is the pollcy of the charity that unrestricted fijnds which have not bgen designated for a specific use should be
maintained al a level equivalent to befv￿n three and six month's expendilure. The trustees C4Jn5ider that
reserves al thls level will ensur& that. in the event of a significant drop in funding, they will b8 able to continue the
charity's current aclivilies while consideration is given to ways in 84Jditonal bjnds m8y bg raised. This lev&1
of reseryes has teen maintsined throughout the year.
8truotur•i q•v•m•no• and m•n*q•m•nt
Constltullon
The Besom N8ttvork is a registered chanty. number 11928W, and Is eonsbtuted under a chadtobl• ino)rywated
organi58tion ICIOI cnnstitulion.
M•thods of *ppolntrn•nt or •l•olk¥n ol Trust••s
The management of the Charty 1$ the responsI￿lity of the Trustees Y4ho are 818Ct&J and c(kopted under the
terms of the CIO (*Jnstilution.
Organlsallonal StrU¢￿r• •nd d•cblon4n*klng polloles
Th8 truste89 are 811 drawn frorn axi8ting Bes0￿ and have many years of OXFth&nce In the runnlng and needs
of those Besoms irb the UK. In January 2023 an addIt￿n81 tnjstee ioin•d the chaflty V￿th Ihe view of taking of thg
Chalr, whth look pla¢e at tho b¢glnning of the 2023r24 Femd.
M•mb•ts' Ilablllty
The Members of the Charity are the trustses guarantso to o)nkn"bJte an amount not exceeding £1 to the
assets of Ihe Charity in the event of winding up.
Approved by order of the members ofthe board of Trustees on 24 Octot*r 2024 and signed on their behalf by..
Mr R Habgood
(Chair of TnJste8s}
Page 3

THE BESOM NETWORK
STATEMEMT OF TRUSTEES. RESPONSIBIUTIE8
FOR ThE YEAR ENDED 31 MAY 2024
The TTUStees are responsible for preparing the Trnste8s' report and the financtal statemgnts in accordanrE with
applicable law and United Kingdom Accounting Standards (United lQ"ngdom Generally A￿pted A(￿Unting
Practice).
The law applicable to ch8rilies in England & Wales rwires the Trustees to prepare financial statements for
each financial year which grve a true and fair ViV4V of the state of affairs o* the Charity and of its incoming
resou￿$ and ￿p￿lestIon of resOu¥￿S, I￿ludIng its In￿ and expendibjre. for that FefM)d. In preparing these
financial staterTEnts. the Trustees are required to."
select suitable acwunting policies and then them consistenty.
observe the rrethods and prinCip￿S of the Charities SORP IFRS 102),.
make judgments and a(Lounting eslirnates that are reasonable and prudent
state whether applicable UK Accounting Standards (FRS 1021 have been followed, subject to any material
departures disclosed and expLgined in the finarrial staternents..
prepare the finanual statements on the wng ￿nC￿n basis unless rt ts inappropriate to presumg that the
Charrty will C￿ntinue in busines&
The Tfustees are responsible for keeping adequate a(Lounting re￿rdS that are sufficient to show and explain
the Charitys transactions and disclose wrth reasonable ac￿raCY at any time the financral posilM)n of the Charity
and enable them lo ensure that the financial statements comply with the Charits'es Act 2011, the Charity
(Accounts and Reports) Regulations 2008 and the provi￿OnS of the Tnjst d￿d. They ar8 also responsibl8 for
safeguardir¢g the assets of the Charty and hence for taking reasonable steps for the preventK)n and detection of
fraud and other irregularrlies.
Approved by order of the members of the board 0fTn￿ on 24 Octot*r 2024 and signed on its behalf by:
Mi R Habqood
(Chair of Trustees)
Page 4

THE BE80M NETWORK
INDEPENDENT EXAMINER'8 REPORT
FOR THE YEAR ENDED 31 MAY 2024
Independ•nt •Mmln•Vs r•port to th• Trust••s of Th• 8•som N•twork {Ih• Charlty.)
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 May
2024.
R•sponslblllll•s and basls ol r•port
As the Trustees of the Charity you are responsible for the preparation of the accounts in acojrdance with the
requiiem8nts of the Chanties Act 20111'lhe 2011 ACVI.
I r8POrt in respect of my ex8mlnalion of the Charity's accounts carried out under section 145 of the 2011 Act and
In carrying out my examination I have followed th& applicable Directions given by the Charity Commission under
Section 14515llb) of th9 2011 Act.
Ind•p•nd•nt •x•mln•rfs stat•m•nl
Your attention is drawn lo the fact that the Charlty has prepared the £C￿Unt$ in accordan¢e with AC￿UntIng and
Reporting by Charities.. Stal8m8fbl of Recommended Pracllce applicable to charib'85 preparing Ihelr acwunts in
accordance with th8 Financial Reporting Standard applicable in the UK and Republic of Ir8land IFRS 1021 in
preference lo the Accounting and ReFX)rting by Ch8rilles'. Statement of Recommended Practice issued on 1 April
2005 which 1$ referred lo In the exlanl tegulalions bul has been withdrawn.
l understand that this has been done in order for the accounts to provide a true and falr view in aco)rdanc8 with
the Ggnerally Accepted Acwunting Practice effective for reportlng periods beginning on or after 1 January 2015.
I have completed my examlnatlon. I conlimi that no matters have come to my attention In connecllon ￿th the
examlnallon glving m8 ¢au8e lo believe that in any material ro$pect'.
acLount*no records were not k&pl In respect of the Charlty as requlred by section 130 of the 2011 Act., or
the accounts do not ac¢ord with those records,. or
the accounts do not wmply with th8 applicable requiremgnls con¢$ming the form and ¢onl8nl of
accounts sel out In the Charltles (Accounts and Reports) Regulat*ons 2008 other than any requirement
that tha atLounts give a 'lTue and fairf view which is not a matter considered as part of an Independent
èxamination.
I have no conc6m9 and have come across no other matters in connectlon with the examination to which
attention should be drawn in this report in order lo enabla a proper understanding of the accounts to be roached.
This report 18 made solely to the Charity's Trustees. as a body, In accordance with Part 4 of the Charities
(Accounls and R8POrtsl Regulations 2008. My work has been undertaken so Ihal I might stale lo the Charitys
Trustees those matters l am required to state to them in an Independent examingrfs report and for no othar
purpose. To the fullest extent pemiitted by law. I do not accept or assum8 responsibility lo anyone other than the
Charity and the Charity's Tru51ees as a body, for my work or for this report.
Signed..
Dated.. 24 October 2024
Nicholas M Baldwin
BA)E￿nI FCA DChA
Baldwln Scofl•ld Aoeountan¢y LLP
Chartered Accountants
Page 5

THE BESOM NEfwoRK
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MAY 2024
R•stri¢t•d Unr•strl¢t•d
funds
funds
2024
2024
Totsl
funds
2024
Total
funds
2023
Nolo
In¢ome fr•m:
Donations and legacies
3,399
38,399
29,816
Total income
35,000
3,399
38,399
29,816
Exp•ndltur• on:
Charitable activities
22,161
3,690
26,751
31,426
Total •xpenditur•
22.161
3.590
25,751
31,426
Net mov•ment in funds
12.839
{1911
12,648
(1.610)
R•¢on¢illatlon of funds:
Total fvnds brought fO￿ard
Net movement in funds
{6,668)
{191)
(5.668)
12,648
(4,058)
(1,610)
12.839
Total funds earrf¢d foThMrd
12,839
{8.869)
6,980
(5,668)
The Slatgment of financial activitigs indude9 all gains and losses recognised in the year.
The notes on pages 8 to 16 fonn part of these financial statements.
Page 6

THE BESOM NETWORK
BALANCE SHEET
AS AT 31 MAY 2024
2024
2023
Note
Flx•d ass•ts
Tangible ass8ts
Current ass•ts
Cash at bank and in hand
16,486
3,232
16,486
3,232
Creditors= amounts falling due within one
year
10
(954)
(900)
Net ¢urr•nt ass•ts
14,631
2,332
Total ass•ts1•ss curr•nt Il#biliti•s
Creditors". amounts falling due after more
than one year
14,980
2,332
11
18,0001
(8.000)
Totsl D¢t ass•ts
6,980
(5,668)
Charlty funds
R&slricted funds
Unrestricted funds
13
13
12,839
15,859)
(5,668)
Total fvnds
6,980
(5,668)
The financial statements were approved and authorised for issue by the Trustees on 24 October 2024 and
signed on their behatf by..
Mr R Habgood
{Chair of Tnjsleesl
The notes on pages 8 to 16 fonn part of these financial statemgnls.
Page 7

THE BESOM NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
G•n•ral informali4)n
The Besom Netsvork is a charitable incorporated organisats'on ICIO} registered and regulated by the
Charity Commission in England and Wal8s.
A￿OUntIng poli¢les
2.1 B•sis of preparatlon of flnanelal stal•m•nts
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021-
Accounting and Reporting by Charib"es" Statement of Recommended Practice applicable to charrties
preparing their accounts in accordan￿ with the Finanaal Reportsng Standard applicable in the UK
and Republic of Ireland {FRS 1021 leffeclive 1 January 20191, the Financial Reporting Slandafd
applicab￿ in the UK and Republic of Ireland IFRS 102) and the Charities Act 2011.
The financial ststemnts have been prepared to give a 'true and fairf view and have d&parted from
the Charities {Accounts and Reports) Regulations 2008 only lo the extent required to provide a 'trug
and fairf view. This departure has involved following the Charities SORP IFRS 1021 published in
October 2019 rather than the Accounting and Reporting by Chartb"es'. Statem&nl of Rocommended
Practice effeclive from 1 April 2005 which has since been withdrawn.
The Besom NehvoTk meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initialty recognised at historical cost or transaction value unless otherwise stated in the
relevant acLounts'ng policy.
2.2 Incom•
All income is recognised the Charity hag entiuement to the income, it is probable that the
income will be received and th8 amount of income receivable can be measured reliably.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised al the tirne of the donation.
2.3 Exp•ndfture
Expendilure is recognised once there is a legal or constructive obligation to transfer ecor70rnic benefit
lo a third paty, rt is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expendsture is classified by activrty. The costs
of each activity are made up of the lotsl of direct costs and shared costs, including support costs
involv￿1 in undertaking each activty. Direct costs attributable lo a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activty and support costs which are
not attribulable to a single activity are apporb'oned betsveen those activities on a basis c£Jnsistent with
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the porbon of the assefs use.
Expenditure on charitable adivilies is incuThed on direcuy undertaking the activities which further the
Charitys objectives, as well as any associated support costs.
All expenditure is inclusive of itrecoverable VAT.
Page 8

THE BESOM NETWORK
NOTES TO THE FINANCIAL 8TATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
A¢¢•unting poli¢i•s (continu•d
2A Tangibl• fix•d ass•ts and d•pr•¢iatlon
Tangibl8 fLxed costing £NIL or m(ffe av8 capitalised and reccgnised when future economlc
beneffts are probable ond the cosl or value of the asset can be measured relkgbly.
Tangible fixed assets are initially recogniwj at cost. After recognition, under the cost mcrfjel, tangible
fixed assets are measured at cost less accumulated depreoation and any accumulated impainnent
losses. All costs incurred to bn'ng o tangib￿ fixed asset into its intended working condFtion should
Induded in the w￿aSurerr￿nt of cosL
Depreciation is charged so as to alkKate the cost of tsngible fixed assets less thelr rewdu81 value
over Ihelr estimabj usefvl lives, using the straight4ine rnth¢*J.
Dopreclatjon Is provk1￿ on tho folhymng basls..
Computer 8qulpn*nt
25%
2.6 Cash #t bank and In hand
Cash at bank and in hand includes cash and short-lemi highty liquld investments wllh a short maturity
of Ihrts months or less from the date of acquisilton or opening of the deposit or similar aC￿Unt.
2.6 U•bllld•s and provlslons
Liabilities ara recognised when there is an 0￿￿atron al the Balanc8 sheet date as a result of a pa$t
ev8nL il is probable that a Iransfer of ￿noMiC benefit will be required in sgWem•nL and the amount
of the setuement can be estsmated telwbty.
Liabill￿S are rec£onis&S at the amount that tt)e Charity anticipates it wll pay to sèluè the debt or the
amount it has received as ao%tanc*d payments for tt18 goods or it must provida.
Provisions are m8asured at Ihe best estimate of the a￿￿)Unts required io sèttb thè obllgatlon. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted al the pre-lax discount ralg that reflects the risks spacific io tha liability. The
unwinding of the discount is recognised in the Statement of finanual actmties as a finance eost.
2.7 Flnan¢lal Instrum•nts
The Charity onty has finanrial assets and finan¢i81 liabilities of 8 klnd that qUal￿Y as basic financlal
instruments. Basic financtal instnjmgnts are inits'alty rewgnised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amorbsed cost using the effective interest n￿￿KKI.
2.8 P•nslons
The Charty operates a defined Contn"bUt￿ pension scheme and the penslon charge represents the
amounts payable by the Charsty to the furKI in resF*ct of the year.
Page 9

THE BESOM NETWORK
NOTES TO THE FINANCIAL STATEMENT8
FOR THE YEAR ENDED 31 MAY 2024
A¢¢ounting polici•s {oontlnu•d}
2.9 Fund acmunting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not b8en designated for other
purposes.
Restricted funds are fvnds which are to be used in accordance with specifK restrictions imposed by
donors or which have been rdised by the Charity for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
In¢om• from donations and l•gaol8s
R•strleted Unr•stri¢t•d
funds
tunds
2024
2024
T4>tal
nds
2024
Donations
35,000
3.399
38.399
Unrestricted
funds
2023
Total
funds
2023
Donations
29.816
29,816
Analysis of •xp•ndilur• on ¢haTltabl• actlvlties
Summary by fund typ•
R•strlct•d Unr•strl¢t•d
funds
funds
2024
2024
T¥)tal
2024
Direct costs of charitable acttvities
22.161
3,590
25,751
Restricted Un￿striCted
funds
fvrpds
2023
2023
Total
2023
Direct costs of charitable activities
28,602
2,824
31,426
Page 10

THE BESOM NEnllORK
NOTE8 TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
Analysis of exp•ndltur• by a¢tlviti¢s
Activities
undertaken
directly
2024
Support
costs
2024
Total
funds
2024
Direct costs of charitable activities
24,851
900
25,751
Actiwties
undertakgn
dirgctly
2023
Support
C(￿t￿
2023
Total
funds
2023
Direet costs of charitable adNities
30,526
900
31,426
Analysis of dire¢t ¢osts
Tot41
funds
2024
Tot81
funds
2023
Staff costs
Depreciation
Travel & other associated expenses
Motor expenses
TelapFtone and broadband
Office, IT and consumables
Web, hosting and dornains
Training and conferences
Payroll, accounting and reg. office
Sundry expenses
Professional fees
13,313
90
27,847
579
654
161
147
496
1,253
1,161
218
647
7,696
720
91
292
35
24.851
30,526
Page11

THE BESOM NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
Anatysis of •xynditur• by activitl•s {oontinued)
Analysis of support costs
Totsl
funds
2024
Total
fvnds
2023
Govemance costs
900
900
Ind•p•nd•nt •x•mln•fs remuneratlon
2024
2023
Fees payable to the Charitls independent examiner for the independent
examination of the Charitys annual accounts
900
Staff eosts
2024
2023
Wages and salaries
Contribution to defined contribution pension schemes
12,926
388
26, 775
1,072
13,313
27,847
The average number of persons employed by the Charity during the year was as follows..
2024
2023
Commslmedia lead
No employee received remuneration amounting to more than £60.000 in either year.
Trust••s' rnmun•ratlon stnd exp•nse5
During the year. no Trustees received any remuneration or other beneffts f2023- £NIL).
During the year ended 31 May 2024, no Trustee expenses have been incurred (2023- £NIL).
Page 12

THE BESOM NETWORK
NOTE8 TO THE FINANCIAL 8TATEMENT8
FOR ThE YEAR ENDED 31 MAY 2024
Tanglbl• flx•d ass•ts
Computer
•qulpm•nt
Cost or v*luatlon
Addrtions
639
At 31 May 2024
639
D•pr•clatlgn
Charge for the year
At 31 May 2024
90
N•t book valu•
At 31 May 2024
At31 May 2023
10. Cr•dltors: Am•unts falllng du• wlthln on• y•ar
2024
2023
Other taxation and social sec#Jrity
Accruals and deferred inc#)me
954
11. Cr•dltots: Amounts l•lllng du• aft•r mor• th*n one y•ar
2024
2023
Other loans
8,000
8,000
The long t8m108ns are agreed as per the ￿gned tetrrts and conditions of the loan d(uments held by the
Charity.
The long tem loans bear llo interest and are to be repaid at the dtscretion of the trustees as fvnds are
availabte without ieopardising the financial position of the chanty.
Page 13

THE BESOM NEfwoRK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
12. Finan¢lal Instrum•nts
2024
2023
Financial *ssets
Firtancial ass9ts measured at fair value through income and expenditure
16,485
3,232
Financial assets measured at fair value through Income and expenditure comprise bank balan￿s.
13. 8tat•ment of funds
statsment ot funds - ¢urr•nt y•ar
Balan¢• at I
Jun• 2023
Balanc• at
In¢om• Exp•nditure 31 May 2024
Unrestri¢t•d funds
General fund
15.668)
3,399
13,590
{8,859)
R•strl¢t•d funds
Media fund
35,000
(22.161)
12,839
Tot21 of funds
15,6681
38,39?
125,751
6,980
Stat•ment of funds - prior y•*r
B818nce 8t
l June 2022
Balance 8t
Inwme Expenditura 31 May 2023
Unr•strlotsd funds
General fund
(4,058)
29,816
(31,426)
(5,668)
14. Summary of funds
Page 14

THE BESOM NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
14. Summary of funds l¢onlinu•d
8ummary of funds- ¢urr•nt y•ar
Balanc• at 1
Jun• 2023
Bal*n￿ It
Income Expenditur• 31 May 2024
General funds
Restricted funds
(6,668
3.399
35,000
{3,690)
(22.161)
15,8591
12,839
{8.668)
38,399
126,761)
6,980
Summary of funds - prlor y•ar
Balance al
l June 2022
Balance at
Income Expenditure 31 May 2023
General funds
(4,058)
29,816
(31,426)
(5,668)
16. Analysls of net assets between funds
Analysi5 of net assets betwe•n fvnds- ourront pfrriod
Restricted Unr•strlct•d
lunds
funds
2024
2024
Total
funds
2024
Tangible fixed assets
Current assets
Cred£tors due within one year
Creditors due in more than one year
449
449
12,839
2.646
{9541
18,000}
15,486
{954)
(8,000)
Total
12,839
{5,8591
6,980
Analysls of n•t ass•ts b•lw•¢n funds- prior p•riod
Unrestricted
funds
2023
Tot81
funds
2023
Current assets
3,232
(900J
{8,(X)OJ
3,232
(900)
(8,000)
credito￿ due wrthin one year
Creditors due in more than one year
Total
{5,668)
{5,668J
Page 15

THE BESOM NETWORK
NOTE8 TO THE FINANCIAL STATEMENT8
FOR THE YEAR ENDED 31 MAY 2024
16.
P•nston eommitments
The charity operates a defined contribution [￿sion scheme. The assets of the schemg are held
separately from those of the charity in an independently administered fund. The pension cost charga
represents contributions payable by the charity to the fund and amounted to £38812023- £1,072).
Page 16