REGisfERED CHARThY 14UMBER: 1195244 Report of the Trustees and Unaudlted FInancl Statements for th• Ywr Ended l July 2023 lor THE B.I.G FOUNDATION aayton & Brew411 Chartertd Accountants Cawley House 149-155 Canal Street Nottiryham Nottin9hamshire NGI 7HR
THE B.I.G FOUNDATION Contents of the Financial Ststements for th• year ended l July 2023 Pag• Report of the Trustees ststement of FlTh•ndal Actlvltles Balance Sheet Notes to the Flmndal Statements 4 to 5 D•talled St•t•m•nt of Flnandal Athrtl•J
THE B.I.G FOUNDATION Report of the Trusttss for the year ended l July 2023 The trustees present thelr report with the finandal statements of the charity for the year ended l July 2023. The tnjstees have adopted the provlsions of Accountlng and Repong by Charitles.. ststement of Recommended Practice applicable to charitles preparing thelr accounts in accordance wlth the Financial Reportlng Starthrd awlcable In the UK and Republlc of I1)rtd {FRS I021 {effective I January 2019). OBJECTIVES AND ACTivrrIES Objertlves and )Ims The CIO Is established to advance the educatlon for the publlc benefit by maklng grants to UK citizens In any part of the world under the age of 25 to aSSlSt with thelr moral. cultural and physical development and education, In particular but not limited to the development of environmental educatlon and 5clen¢e. ACHIEVEMENT A14D PERFORMANCE Charltable artlvlti The CIO Is established to advan¢e the education for the pubjlc benefit by maklng grants to UK cltlzens In any part of the wodd under the age of 25 to asslst with their mornl. cultural and physlcal development and educayon. in particular but not Ilmlted to thè development of environmental edycatlon and sctence. FINANCIAL ReviEW Fln•nclal posltlon The chaNty recelved £1,000 of donatlons In the F*rtod to 1st july 2023 and no grants were made from these funds. the charity made a surplu5 of £1,000 for 2023 (2022 Enll). At the 1st july 2023 there Is £1,010 of funds held the bank acuyJnt. STRUCTURE, GOVERNANCE AND MANAGEMENT Go¥ernln9 document The chadty is controlled by Its governin9 do¢ument. a deed of tnt and constitutes an unincorporated REFeREflCE AND ADMINISTRATIVE DEfAIL5 Reglstored Charlty number 1195244 Prlnclpal addr• Cawley House 149-155 Canal Street Nottlngham Nottinghamshire NGI 7MR TSte¢S G A R Cormack Trvstee Mrs S Solomondie5 Trustee C J Perklns Trustee Approved by order of the board of trustees on 3 Ottober 2024 and signed on Its behalf by". C J perk1 - TTu5tee Page I
THE 8.I.G FOUNDATION Statement of FFnancial Artiviti*s for the year ended l July 2023 Period 21.7.21 Year ended 1.7.23 Unrestrfcted fund 1.7.22 Total funds Notes INCOME AND ENDOWMEP4TS FROM Donations and legacles 1.000 t4ET INCOME 1,000 RECONCIUATION OF FUNDS Total funds brought forward TOTAL FUNDS CARIUED FORWARD 1,000 The notes form part of these financwl statements Page 2
THE B.I.G FOUNDATION Balance Sheet l July 2023 2023 Unrestricted fund 2022 Total funds Notss CURRENT A5SErs Cash at bank i.oio CREDITORS Amounts falllng due wlthln one year (io) NET CURREt4T ASSETS 1,000 TOTAL ASSEfs LESS CIJRRENT LZABILITIES I,Doo NET AS5Ef5 1,000 FUNDS Unrestr(rted funds 1,000 TOTAL FUNDS 1,000 The finandal Statements v¥ere Jpprove(I by the Board of Trustees and authorfsed for Issue on 3 October 2024 and were slgned on bts behalf by: C J Perklns - Trustee The notes form par¢ of these financial statements Page 3
THE B.I.G FOUNDATION Notes to the Flnanclal Statements for the year ended l Juty 2023 ACCOUNTING POLICIES Basi5 of preparln9 th• finan¢lJl statements The flnanclal statements of the charity, which is a public benefit enbty under FRS 102, have been prepared in accordan wlth the Charities SORP {FRS 1021 'Accountlry and Reporting by Charities.. Statement of Recommended Prartice appliCae to charitie5 preparing their accounts In ac¢or(Jan with the Financial Report5ng Standard applicable in the UK and Republic of Ireland {FRS L021 (effectlve l January 2019}', Finanoal Reportlng Standard 102 The Flnanclal Reporkn'ng Stsndard applicable irb the UK and Republic of Ireland. ancl the Charttles Act 2011. The financial ststements have been prepared under the hi5torkal cost conventlon. Income All income is recognlsed In the Statement of FinanclJl Actlvltles On the charlty has entitrnent to the nds, It Is pmbable that the income wlll be e1Ve0 and the amount can be measured reliably. Taxatlon The tharlty Is exempt from tax on Its charttable artlvltles. Fund a¢countln9 Unrestrtcted fvnds can be used In accordance with the charitable objective5 at the dlscretion of the trustees. Restrlcted funds can only be used for partlcular restrfcted purposes wlthln the objerts of the charlty. Restrictions arlse when spedfied by the donor or when funds are ralsed for partlcular restrtcied purposes. Further explanatlon of the nature and purF#Jse of each fvrrfl Is Induded In the notes to the flnanclal ststements. TRUSTees' REMUNERATION AMD BENEFrts There were no trustees. reMneraOn or other benefits for the year ended l July 2023 nor for the perio¢ ended l July 2022. Yru•t•ts' expenms There were no tn¥stees' expenses pald for the year ended l July 2023 nor for the period ended l July 2022. COMPARATIVES FOR THE STATEMEP4T OF FINANCIAL AcfivmES Total fiJnds NEf INCOME TOTAL FUNDS CARRIED FORWARD Page 4 continued...
THE B.Z.G FOUNDATION Notes to the Flnandal Ststements - contonued for the year ended l July 2023 CREDITORS: AMOUPITS FALLING DUE WITHIN ONE YEAR 2023 2022 Other credltor5 io MOVEMENT IN FUNDS Net movement In fvnds At 1.7.23 At 2.7.22 Unrestrlcted funds General fund 1,000 1,000 TOTAL FUNDS 1,000 1,000 Net movement In funds, included in the above are as follows: Incomlng resource5 Resources expended Movement In funds Unrestrlcted lund General fund 1.000 1,000 TOTAL FUNDS 1.000 1,000 RELATED PARTY DISCLOSVRES There were no related paty transactlons for the year ended l July 2023. Page 5
THE B.Z.G FOUNDATION Detslled Statement of financial Activitieg for the year ended l Juty 2023 Period 21.7.21 to 1,7.22 Year ende 1.7.23 INCOME AND ENDOWMEpirs Dortatlons and legaci¢ Donatlons 1.000 Tot•1 Incornlng rewur 1.000 EXPENDITURE Total resources expended Not Income 1.000 This page does not forni of the *atutory finènoal statements Page 6