```
REGISTERED CHARITY NUMBER: 1195244
```

```
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 1 July 2024
```

## **`for`** 

```
THE B.I.G FOUNDATION
```

```
Clayton & Brewill
Chartered Accountants
Cawley House
149-155 Canal Street
Nottingham
Nottinghamshire
NG1 7HR
```



```
THE B.I.G FOUNDATION
```

## **`Contents of the Financial Statements for the year ended 1 July 2024`** 

||**`Page`**|**`Page`**|**`Page`**|
|---|---|---|---|
|**`Report of the Trustees`**||`1`||
|**`Statement of Financial Activities`**||`2`||
|**`Balance Sheet`**||`3`||
|**`Notes to the Financial Statements`**|`4`|`to`|`6`|
|**`Detailed Statement of Financial Activities`**||`7`||





## **`THE B.I.G FOUNDATION`** 

## **`Report of the Trustees for the year ended 1 July 2024`** 

```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
1July2024.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordance with
theFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).
```

## **`OBJECTIVES AND ACTIVITIES`** 

## **`Objectives and aims`** 

```
TheCIOisestablishedtoadvancetheeducationforthepublicbenefitbymakinggrantstoUKcitizens in
anypartoftheworldundertheageof25toassistwiththeirmoral,culturalandphysical development
and education, in particular but not limited to the development of environmental education and science.
```

## **`FINANCIAL REVIEW`** 

## **`Financial position`** 

```
Thecharityreceiveddonationsofnilintheperiodto1stJuly2024andnograntsweremadefrom these
funds.
```

```
the charity made a surplus of £nil for 2024 (2023 £1,000).
```

```
At the 1st July 2024 there is £1,010 of funds held in the bank account.
```

## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** 

## **`Governing document`** 

```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrustandconstitutesan unincorporated
charity.
```

## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`** 

```
1195244
```

## **`Principal address`** 

```
Cawley House
149-155 Canal Street
Nottingham
Nottinghamshire
NG1 7HR
```

## **`Trustees`** 

```
G A R Cormack Trustee
Mrs S Solomondies Trustee
C J Perkins Trustee
```

```
Approved by order of the board of trustees on 3 October 2024 and signed on its behalf by:
```


```
C J Perkins - Trustee
```

```
Page 1
```



## **`THE B.I.G FOUNDATION`** 

## **`Statement of Financial Activities for the year ended 1 July 2024`** 

|||`2024`||`2023`|
|---|---|---|---|---|
|||`Unrestricted`||`Total`|
|||`fund`||`funds`|
||`Notes`|`£`||`£`|
|**`INCOME AND ENDOWMENTS FROM`**|||||
|`Donations and legacies`|||`-`|`1,000`|
|**`NET INCOME`**|||`-`|`1,000`|
|**`RECONCILIATION OF FUNDS`**|||||
|`Total funds brought forward`||`1,000`||`-`|
|**`TOTAL FUNDS CARRIED FORWARD`**||`1,000`||`1,000`|



```
The notes form part of these financial statements
```

```
Page 2
```



## **`THE B.I.G FOUNDATION`** 

## **`Balance Sheet 1 July 2024`** 

|`2024`<br>`Unrestricted`<br>`fund`<br>`Notes`<br>`£`<br>**`CURRENT ASSETS`**<br>`Cash at bank`<br>`1,010`<br>**`CREDITORS`**<br>`Amounts falling due within one year`<br>`4`<br>`(10)`<br>**`NET CURRENT ASSETS`**<br>`1,000`<br>**`TOTAL ASSETS LESS CURRENT`**<br>**`LIABILITIES`**<br>`1,000`<br>**`NET ASSETS`**<br>`1,000`<br>**`FUNDS`**<br>`5`<br>`Unrestricted funds`<br>`1,000`<br>**`TOTAL FUNDS`**<br>`1,000`|`2023`<br>`Total`<br>`funds`<br>`£`<br>`1,010`<br>`(10)`<br>`1,000`<br>`1,000`<br>`1,000`<br>`1,000`<br>`1,000`|
|---|---|



```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
3 October 2024 and were signed on its behalf by:
```


```
C J Perkins - Trustee
```

```
The notes form part of these financial statements
```

```
Page 3
```



## **`THE B.I.G FOUNDATION`** 

## **`Notes to the Financial Statements for the year ended 1 July 2024`** 

## **`1. ACCOUNTING POLICIES`** 

## **`Basis of preparing the financial statements`** 

```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancial statements
have been prepared under the historical cost convention.
```

## **`Income`** 

```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
```

## **`Taxation`** 

```
The charity is exempt from tax on its charitable activities.
```

## **`Fund accounting`** 

```
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
```

```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
```

```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
```

## **`2. TRUSTEES' REMUNERATION AND BENEFITS`** 

```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended1July2024norfor the
year ended 1 July 2023.
```

## **`Trustees' expenses`** 

```
Therewerenotrustees'expensespaidfortheyearended1July2024norfortheyear ended
1 July 2023.
```

## **`3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** 

||`Unrestricted`|
|---|---|
||`fund`|
||`£`|
|**`INCOME AND ENDOWMENTS FROM`**||
|`Donations and legacies`|`1,000`|
|**`NET INCOME`**|`1,000`|
|**`TOTAL FUNDS CARRIED FORWARD`**|`1,000`|



```
continued...
```

```
Page 4
```



## **`THE B.I.G FOUNDATION`** 

## **`Notes to the Financial Statements - continued for the year ended 1 July 2024`** 

## **`4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** 

|||||`2024`|`2023`|
|---|---|---|---|---|---|
|||||`£`|`£`|
||`Other creditors`|||`10`|`10`|
|**`5.`**|**`MOVEMENT IN FUNDS`**|||||
|||||`Net`||
|||||`movement`|`At`|
||`At`|`2.7.23`||`in funds`|`1.7.24`|
|||`£`||`£`|`£`|
||**`Unrestricted funds`**|||||
||`General fund`|`1,000`||`-`|`1,000`|
||**`TOTAL FUNDS`**|`1,000`||`-`|`1,000`|
||`Net movement in funds, included in the above are as follows:`|||||
||`Incoming`|||`Resources`|`Movement`|
||`resources`|||`expended`|`in funds`|
|||`£`||`£`|`£`|
||**`TOTAL FUNDS`**||`-`|`-`|`-`|
||**`Comparatives for movement in funds`**|||||
|||||`Net`||
|||||`movement`|`At`|
||`At`|`2.7.22`||`in funds`|`1.7.23`|
|||`£`||`£`|`£`|
||**`Unrestricted funds`**|||||
||`General fund`||`-`|`1,000`|`1,000`|
||**`TOTAL FUNDS`**||`-`|`1,000`|`1,000`|
||`Comparative net movement in funds, included in the above are as`||`follows:`|||
||`Incoming`|||`Resources`|`Movement`|
||`resources`|||`expended`|`in funds`|
|||`£`||`£`|`£`|
||**`Unrestricted funds`**|||||
||`General fund`|`1,000`||`-`|`1,000`|
||**`TOTAL FUNDS`**|`1,000`||`-`|`1,000`|



```
continued...
```

```
Page 5
```



## **`THE B.I.G FOUNDATION`** 

## **`Notes to the Financial Statements - continued`** 

## **`for the year ended 1 July 2024`** 

## **`5. MOVEMENT IN FUNDS - continued`** 

```
A current year 12 months and prior year 12 months combined position is as follows:
```

|||`Net`||
|---|---|---|---|
|||`movement`|`At`|
||`At 2.7.22`|`in funds`|`1.7.24`|
||`£`|`£`|`£`|
|**`Unrestricted funds`**||||
|`General fund`|`-`|`1,000`|`1,000`|
|**`TOTAL FUNDS`**|`-`|`1,000`|`1,000`|



```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
```

||`Incoming`|`Resources`|`Movement`|
|---|---|---|---|
||`resources`|`expended`|`in funds`|
||`£`|`£`|`£`|
|**`Unrestricted funds`**||||
|`General fund`|`1,000`|`-`|`1,000`|
|**`TOTAL FUNDS`**|`1,000`|`-`|`1,000`|



## **`6. RELATED PARTY DISCLOSURES`** 

```
There were no related party transactions for the year ended 1 July 2024.
```

```
Page 6
```



## **`THE B.I.G FOUNDATION`** 

## **`Detailed Statement of Financial Activities`** 

## **`for the year ended 1 July 2024`** 

|**`for the year ended`**|**`1 July 2024`**|||
|---|---|---|---|
||`2024`||`2023`|
||`£`||`£`|
|**`INCOME AND ENDOWMENTS`**||||
|**`Donations and legacies`**||||
|`Donations`||`-`|`1,000`|
|**`Total incoming resources`**||`-`|`1,000`|
|**`EXPENDITURE`**||||
|`Total resources expended`||`-`|`-`|
|**`Net income`**||`-`|`1,000`|



```
This page does not form part of the statutory financial statements
```

```
Page 7
```