2024
Louis Thorold Foundation
Annual Report and Financial Statements For the Year Ended 31[st] March 2024 Registered Charity Number 1194891
Louis Thorold Foundation 2024 Annual Report and Financial Statements
Trustees Annual Report for Year Ended 31[st] March 2024
References and Administrative Information
The Louis Thorold Foundation is a Charitable Incorporated Organisation (CIO) registered with the Charities Commission in England and Wales, registration number 1194891.
The trustees present their annual report and financial statements for the year ended 31[st] March 2024. The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Trustees Christopher James Thorold (Chairman) Gaynel Hamilton – Appointed 30[th] November 2023 Sioned Griffiths – Appointed 30[th] November 2023 Darryl Matthews – Appointed 30[th] November 2023 Rachael Louise Ann Thorold – Resigned 30[th] November 2023
Registered 2 Portholme Place Address Huntingdon Cambridgeshire PE29 3EQ Bankers National Westminster Bank Plc 11 High Street Epsom KT19 8DX
Structure, Governance and Management
The Louis Thorold Foundation was registered on 22[nd] June 2021 and is governed by Constitution which follows the Foundation model issued by the Charities Commission. A copy of the Constitution is filed with the Charities Commission and is available on our website. The charity aims to follow the Charity Governance Code where appropriate given its size and reach.
New trustees are appointed by the existing trustees and are appointed by resolution at a properly convened meeting of the charity trustees. In selecting individuals for
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appointment as charity trustees, regard is given to the skills, knowledge and experience needs for the effective administration of the charity. There must be a minimum of three trustees. There is no minimum or maximum term.
Reserves Policy
Total reserves held at year end were £54,450 (2023: £51,820). These funds allow operations to continue into the following financial year whilst we develop the longerterm fundraising and operational model for the charity. Our aim is to keep a level of reserves to cover 8-24 months operating costs.
Statement of Responsibilities of the Trustees
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements 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 accounting estimates that are reasonable and prudent;
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. The trustees 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.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United
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Louis Thorold Foundation 2024 Annual Report and Financial Statements
Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Members of the charity have no liability to contribute to the assets of the charity in the event of winding up. The trustees are members of the charity, but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.
Independent Examiners
Godfrey Wilson Limited are independent examiners to the charity and have expressed their willingness to continue in that capacity. However, in this period the charity has not met the requirement to require an independent examination or an audit and as such the trustees have decided to publish the accounts and annual report without independent assurance as the audit fee was not deemed to represent value for money. Should the charity continue to the generate income below the threshold’s set by the Charities Commission, an independent examination will be carried out every 3 years voluntarily to give assurance to the trustees and stakeholders.
Approved by the trustees on 25[th] January 2025 and signed on their behalf by:
Chris Thorold Chair of Trustees
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Independent Examiner’s Report
No independent examination of the accounts conducted for the year ending March 2024 as the charity did not meet the criteria of income being greater than £25,000.
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Louis Thorold Foundation 2024 Annual Report and Financial Statements
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Objectives and Activities
The Louis Thorold Foundation aims to advance the education of the public in issues of road safety with the object of reducing and coping with personal injury and death, in particular, but not exclusively of children and infants in the United Kingdom.
The Louis Thorold Foundation was setup in June 2021 following the death of Louis Thorold, who at only five months old was killed as he was pushed in his pram along a pavement in Cambridge by an elderly driver who was medically unfit to drive.
We will eliminate child deaths on Britain’s roads . In the UK road safety statistics make troubling reading. Despite significant reductions in deaths and serious injuries during the 80s and 90s, in the last decade the UK has stagnated and fallen behind most countries when it comes to more progressive approaches to road safety.
In 2023, of children aged 0-16 years old:
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75 killed on Britain’s roads (2022: 57)
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In the last 10 years 621 children killed (11,000 since 1979), 154,282 hospitalised casualties, 24,042 KSI with the trend stagnating
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2,574 killed or seriously injured (KSI)
suffering life changing injuries (2022: 2,598)
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13,208 were casualties
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(2022: 13,358) requiring hospital treatment
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Globally road traffic injuries are the leading cause of death in children
with over 220,000 children killed globally each year
----- Start of picture text -----
75 Killed
2,574 Seriously
Injured
13,208 Casualties
Leading cause of
death for children
worldwide
----- End of picture text -----
Every life lost is one too many. Advancements in vehicle safety have led to tremendous benefits for their occupants but this now means that over half of those killed are classed as vulnerable users (pedestrians, cyclists, motorcyclists) who mainly rely on the design of the ‘system’ to stay safe.
In the UK during childhood (up to 16 years old):
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1 in 50 children are hospitalised as a casualty in a road collision
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1 in 322 children are seriously injured suffering life changing injuries
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1 in 12,472 children die during their childhood on the UK’s roads.
The Louis Thorold Foundation believes that if the road system is safe for children, then it will represent a significant step forward in road safety for all. In August 2020 the United
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Louis Thorold Foundation 2024 Annual Report and Financial Statements
Nations adopted resolution A/RES/74/299 with a commitment to improving global road safety by halving all road deaths by 2030, but by nearly halfway through this commitment the UK has made little to no progress.
In 2021 the Louis Thorold Foundation committed to VisionZero a strategy developed in the 1990’s to eliminate all traffic deaths and serious injuries. A fundamental part of this strategy is to recognise that the system must be safe and that all deaths are preventable.
We are in no doubt that had a safe systems approach been taken to the design of the local community in Cambridge and that had appropriate medical assessments of elderly drivers been carried out, Louis’ death and thousands of others would be prevented.
To achieve this the Louis Thorold Foundation focusses on 5 key areas:
----- Start of picture text -----
Promote Support Raise Invest in Campaign
Promote the Support Raise funds Invest in Campaign for
advancement emergency through research change and
of road safety response various surrounding support related
through teams charitable road safety road safety
supporting and including the activities and associated charities
campaigning Air Ambulance rehabilitative
for VisionZero Service, the treatment of
Ambulance
Severe Brain
service and 1st
Injury (SBI)
responder
----- End of picture text -----
The trustees confirm that they continuously follow the guidance from the UK Charities Commission and act in good faith that all activity conducted by the Louis Thorold Foundation is for the benefit of the public.
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Achievements and Performance
Achieving our long-term goals as a charity is a long and thankless process. In the first 3 years that the charity has been in existence we have made significant progress in raising awareness of the issues that are currently accepted by society as just a hazard of the modern world. We won’t stop until we live in a world where no child dies from a road traffic collision. Roads are paid for by communities not drivers and whilst we are not anti-car, we are pro-people and where vulnerable road users exist, we must utilise more progressive thinking to limit the dangers to those not afforded protection.
In 2021 when the charity was formed, we set 3 campaigns that we believed balanced achievement with ambition to make the streets of Cambridge a safer place for children and for all road users. We completed improvements to the A10 through Waterbeach during 2022 funded in collaboration with local developers Urban&Civic along with the county council which gave us real confidence that with determination and courage change can happen. Since then, we have focussed on 2 main campaigns:
Love 20
In 2021 we committed to support the UK’s 20’s Plenty campaign which asks for a speed limit of 20mph to be normal in residential areas and in town and village centres. The United Nations (UN) General Assembly endorses 20mph where vehicles and people mix and where this has been implemented there have been significant measurable reductions in road deaths, decreases in pollution and more communities walking, cycling and using the roads.
Cambridgeshire county council committed to supporting 20mph during 2021 and the roll out has seen tremendous benefits across communities in Cambridgeshire, with roll outs in over 20 villages and towns benefitting from 20mph and 66 further applications being processed. We thank all those involved and initial evidence shows not only safety benefits but also benefits to air quality, use of local community facilities and lifestyle.
Louis’ Law
During 2022 the subject of ensuring all drivers are safe was tested in court during a criminal trial and subsequent coroners’ case regarding the cause of Louis’ death. As a result of this and numerous other coroner’s reports a ‘Prevention of Future Deaths’ notice was issued to the Department for Transport, which is at least the 20[th] similar report issued in recent years. The notice was clear that existing licencing rules are not sufficient to ensure all drivers are safely medically fit to drive, particularly as we all get older. The issue is well understood by the Department for Transport but political support for having more progressive medical assessments, like most other developed
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Louis Thorold Foundation 2024 Annual Report and Financial Statements
countries, did not exist under the previous government as it would ‘negatively impact their core voters’.
As a charity we believe that safety should not be politicised and we do not wish to penalise safe and honest road users by introducing unnecessary measures. The sad reality is made out in the statistics. The UK government publishes statistics which show:
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between 2004 and 2023 the number of older drivers killed or seriously injured (KSI) from a collision involving at least one older driver increased from 3,082 to 3,451, as 12% increase,
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whilst during this time KSI collisions fell in total by 45%.
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KSI collisions involving older drivers occur most frequently between 10am and 4pm when children and mothers are most likely to be pedestrians.
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The most common contributory factor to KSIs was when a driver failed to look or judge another person’s speed or path. It is sadly these perceptive judgements that tend to deteriorate as we get older and usually the individual is not reliable in acknowledging and judging this decline.
Drivers aged 75 and over are generally per mile driven more likely to be killed or seriously injured in a road collision and when compared to other age demographics are more likely to be killed with 25% of those killed being over 70.
Put simply the issue is getting worse and we believe that ensuring medical fitness to drive via an independent assessment (similar to most other countries and the regime in place for licenced HGV drivers), which would not only ensure we are safe to drive as we get older, but where implemented in other countries have led to other health benefits including the early diagnosis of cognitive illnesses, heart conditions and cancer.
We will continue to pursue this campaign following consultation by the DFT and the recent change in government in the UK. We hope that with a sensible and simple implementation of our recommendations we will all be safer as we get older. As a charity we do appreciate that other road users pose other dangers to children and these are well understood and campaigned for by our friends and partners, but has this protection been in place during 2020 Louis would still be alive today and as such we cannot ignore this factor.
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Fundraising
Throughout 2024 we have received tremendous support from a wide range of supporters. The trustees wish to thank every single one of the people who have donated to our cause.
We are truly overwhelmed by the support both in terms of donations and best wishes and we know that we will make a difference by ensuring one day no child will die on the roads in the UK.
Further details of donations received are contained within the financial statements, but during the financial year we’d like to acknowledge some of our amazing donors:
Great North Run 2023
In 2023 our very own Chris Thorold (Chairman and founder) ran the great north run in the North East of England raising £2,186 for the charity. It is humbling to understand the courage and sacrifice that those who raise money through events and challenges for our charity undertake. We are now well aware of the preparation, determination and bravery that every single person who has raised money for us over the last 3 years makes.
We continue to be overwhelmed with those who support us each month and donate to support our campaigns.
Thank you so much to everyone who supported us this year and those of you who made such generous donations. We appreciate every single penny donated and we take incredible care in ensuring it is spent wisely whilst motivating and inspiring us to do keep pushing our campaigns and make our roads safer.
We will not rest until we reach a day when no child dies on the roads in the UK.
For more details of fundraising and how to donate please visit our website: https://www.louisthorold.com/donate
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Louis Thorold Foundation 2024 Annual Report and Financial Statements
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Financial Review
The Louis Thorold Foundation is entirely funded by donations from individuals and companies. In the period the charity generated £3,852 (2023: £23,576) from a variety of sources:
| Source | Total | Prior Year |
|---|---|---|
| Donations - Gift Aid Claimable | 2,531 | 2,917 |
| Plus: Gift Aid Claimed | 710 | 822 |
| Donations - No Gift Aid | 611 | 4,228 |
| Donations from Companies | - | 15,600 |
| Other | - | 9 |
| Total Income | 3,852 | 23,576 |
The charity uses a variety of donation platforms however the vast majority of donations are collected via JustGiving where the Louis Thorold Foundation is registered and directs any donations via this platform. During the year JustGiving charged fees associated with the processing of payments and the reclaim of gift aid totalling £329 (2023: £356).
The charity incurs operating costs of £565 (2023: £878) associated with the administration and raising awareness of the charity. These are further detailed in the notes to the accounts. The charity did not require an independent examination of the charity’s accounts and hence fees were £Nil (2023: £960).
The charity is yet to determine how best to spend the funds raised and at the year-end held unrestricted reserves £54,540 (2023: £35,478) with £50 (2023: £46) being due from HMRC and donation platforms. The trustees spend significant time advocating the charitable objectives which requires little expenditure.
There are no material uncertainties that the Trustees would consider that cast doubt on the charity’s ability to continue as a going concern. The charity has no long-term financial commitments and has no employees with all work being carried out by the trustees who are unpaid.
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Louis Thorold Foundation 2024 Annual Report and Financial Statements
The Louis Thorold Foundation
Statement of Financial Activities
For the Year Ended 31[st] March 2024
| Restricted | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Income |
Endowment | Total | Prior Year | ||
| Funds | Funds | Funds | Funds | Funds | ||
| Note | £ |
£ | £ | £ | £ | |
| Income & Endowments from: | ||||||
| • Donations & Legacies |
3,852 | - |
- | 3,852 | 23,567 | |
| • Charitable activities |
- | - |
- | - | - | |
| • Other trading activities |
- | - |
- | - | - | |
| • Investments |
- | - |
- | - | - | |
| • Other |
- | - |
- | - | 9 | |
| Total Income & Endowments | 2 | 3,852 | - |
- | 3,852 | 23,576 |
| Expenditure on: | ||||||
| • Raising funds |
(1,222) | - |
- | (1,222) | (7,234) | |
| • Charitable activities |
- | - |
- | - | - | |
| • Other |
- | - |
- | - | - | |
| Total Expenditure | 3 | (1,222) | - |
- | (1,222) | (7,234) |
| • Net gains/(losses) on invest |
- | - |
- | - | - | |
| Net income/(expenditure) | 2,630 | - |
- | 2,630 | 16,342 | |
| • Extraordinary items |
- | - |
- | - | - | |
| • Transfers between funds |
- | - |
- | - | - | |
| Other recognised gains/(losses): | ||||||
| • Gains/losses on reval of FA |
- | - |
- | - | - | |
| • Other gains/(losses) |
- | - |
- | - | - | |
| Net movement in funds | 2,630 | - |
- | 2,630 | 16,342 | |
| Reconciliation of funds: | ||||||
| Total funds brought forward | 51,820 | - |
- | 51,820 | 35,478 | |
| Total funds carried forward | 54,450 | - |
- | 54,450 | 51,820 |
All of the above results are derived from continuing activities. There were no recognised gains or losses other than those stated above. All funds received in both the current year and the prior year were unrestricted.
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The Louis Thorold Foundation Balance Sheet
As at 31[st] March 2024
| As a | t 31st March 2024 | |||
|---|---|---|---|---|
| Total | Prior Year | |||
| Funds | Funds | |||
| Note | £ |
£ | ||
| Fixed Assets | ||||
| • | Intangible Assets | - | - | |
| • | Tangible Assets | - | - | |
| • | Heritage Assets | - | - | |
| • | Investments | - | - | |
| Total Fixed Assets | - | - | ||
| Current Assets | ||||
| • | Stocks | - | - | |
| • | Debtors | 4 | 50 | 93 |
| • | Investments | - | - | |
| • | Cash at Bank and In Hand | 5 | 55,056 | 52,687 |
| Total Current Assets | 55,107 | 52,780 | ||
| Current Liabilities | ||||
| • | Creditors: Amounts Falling Due within One Year | 6 | (657) | (960) |
| Net | Current Assets or Liabilities | 54,450 | 51,820 | |
| Total Assets Less Current Liabilities | 54,450 | 51,820 | ||
| Non-Current Liabilities | ||||
| • | Creditors: Amounts Falling Due After More than One Year | - | - | |
| Net | Assets | 54,450 | 51,820 | |
| The | Funds of the Charity | |||
| • | Endowment Funds | - | - | |
| • | Restricted Income Funds | - | - | |
| • | Unrestricted Funds | 54,450 | 51,820 | |
| Total Charity Funds | 54,450 | 51,820 |
Approved by the trustees on 25[th] January 2025 and signed on their behalf by:
Chris Thorold Chair of Trustees
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Louis Thorold Foundation 2024 Annual Report and Financial Statements
Notes to the Accounts
1. Accounting Policies
Basis of Accounting
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. 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.
Income Recognition
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably.
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity, and it is probable that those conditions will be fulfilled in the reporting period.
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
Legacy gifts are recognised on a case-by-case basis following the granting of probate when the administrator/executor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash, or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset having been transferred to the charity.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity, this is normally upon notification of the interest paid or payable by the bank.
Expenditure and Liabilities
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
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All expenditure is accounted for on an accrual basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings.
Costs associated with raising funds include fees charged by various donation platforms in both processing the relevant donation and managing the claim for gift aid from HMRC. Governance costs are included in this amount which comprise of all costs involving the public accountability of the charity and its compliance with regulation and good practice. Support costs are also included in this amount which comprise of marketing costs, website and accounting fees.
Going Concern Basis of Accounting
The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern.
Funds Accounting
Unrestricted funds are available to spend on activities that further any of the purposes of the 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. All funds in this reporting period are unrestricted.
2. Income
Income for the year was primarily derived from donations some of which met the criteria for gift aid under the UK HMRC scheme.
| Unrestricted | Restricted |
Endowment | Total | Prior Year | ||
|---|---|---|---|---|---|---|
| Funds | Income | Funds | Funds | Funds | ||
| Funds | ||||||
| £ | £ | £ | £ | £ | ||
| Donations and Gifts | 3,142 | - | - | 3,142 | 22,745 | |
| Gift Aid | 710 | - | - | 710 | 822 | |
| Other | - | - | - | - | 9 | |
| Total | 3,852 | - | - | 3,852 | 23,576 |
At the period end £1.25 was due from HMRC in respect of gift aid receivable (2023: £22) and is disclosed as a Debtor in the Balance Sheet. All amounts were paid shortly after the year end. During the period all income was attributable to unrestricted funds.
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Louis Thorold Foundation 2024 Annual Report and Financial Statements
3. Expenditure
| **3. ** | Expenditure | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted |
Endowment | Total | Prior Year | |||
| Funds | Income | Funds | Funds | Funds | |||
| Funds | |||||||
| £ | £ | £ | £ | £ | |||
| Support Costs: | |||||||
| | Donation Processing Fees | 329 | - | - | 329 | 356 | |
| | Social Media Advertising | 50 | - | - | 50 | 560 | |
| | Website and Domain Costs | 234 | - | - | 234 | 137 | |
| | Creative and Marketing Costs | 281 |
- | - | 281 | 181 | |
| | Plush Elephant Toys | - | - | - | - | 4,458 | |
| | Pin Badges & Business Cards | - | - | - | - | 468 | |
| Governance Costs: | |||||||
| | Accounting Software | 214 | - | - | 214 | 114 | |
| | Trustees Liability Insurance | 115 | 115 | ||||
| | Independent Examination | - | - | - | - | 960 | |
| Total | 1,222 | - | - | 1,222 | 7,234 |
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. The total cost of these activities for the year totalled £329 (2023: 1,074) relating to insurance and accounting software Sage.
These costs have been allocated between cost of raising funds and expenditure on charitable activities based on the proportion of cost as follows:
| Allocation | Total Funds | Prior Year | Prior Year | |
|---|---|---|---|---|
| Allocation | Funds | |||
| % | £ | % | £ | |
| Raising Funds | 100% | 1,222 |
100% | 7,234 |
| Charitable Activities | - | - |
- | - |
| Total | 100% | 1,222 |
100% | 7,234 |
4. Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
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| Total | Prior Year | |||
|---|---|---|---|---|
| Funds | Funds | |||
| £ | £ | |||
| Debtors – Donations in Process | 49 | 24 | ||
| Debtors – HMRC (Gift Aid) | 1 | 22 | ||
| Prepayments | - | 47 | ||
| Total | 50 | 93 |
5. Cash at Bank and In Hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
6. Current Liabilities
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
| Total | Prior Year | |||
|---|---|---|---|---|
| Funds | Funds | |||
| £ | £ | |||
| Trade Creditors | 92 | - | ||
| Amounts due to Trustees | 565 | - | ||
| Accrual for Independent Examination Fee | - | 960 | ||
| Total | 657 | 960 |
7. Related Party Transactions
The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or kind. No expenses were paid to any trustee during the year (2023: £Nil).
During the year the Chairman of Trustees Chris Thorold incurred costs totalling £565 on behalf of the charity using his personal credit card, for Meta social media promotion (£50), Wix for domain/web hosting (£234) and Adobe Creative Cloud (£281). These costs will be reimbursed to Chris Thorold during 2025 following approval by the Trustees. This amount is shown as a current liability in the Balance Sheet.
During the year, the charity received total donations without conditions from related parties of £nil (2023: £Nil). There were no amounts outstanding at year end (2023: £Nil).
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Louis Thorold Foundation 2024 Annual Report and Financial Statements
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