## ||Page| |---|---| |Trustees' Report|1-3| |Independent Examiner's Report|4| |Statement of Financial Activities|5| |Balance Sheet|6| |Notes to the Financial Statements|7 -11| ## |**Reference and Adminstration details**|| |---|---| |Registered charity name|B-Less| |Charity registration number|1196156| |Company registration number|CE026901| |Principal office and registered office|11 Holywell Street| ||Oxford| ||OXl 3SA| |Trustees|George Diwakar| ||John-Mark Teeuwen| ||Nicolas Wu| ||Andrew Young| |Independent Examiner|Andrew P Crossley FCA| ||Baldwin Cox Limited| ||Chartered Accountants| ||15 Foster Avenue| ||Beeston| ||Nottingham| ||NG91AE| ## ## ## ## ## ## ## ## ## |**Notes**
**Incoming resources**
**Income and endowments from:**
Donations and legacies
**3**
Investments
**3**
**Total**
**Resources expended**
**Expenditure on:**
Charitable activities
**4**
Other
**4**
**Total**
Net (expenditure)/income
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
10|**Year**
**Ended**
**31October2024**
£
155,590
316
**155,906**|**Year**
**Ended**
**31October2023**
£
138,149
150| |---|---|---| |||**138,299**
33,114
105,413| ||36,763
106,333
**143,096**|| |||**138,527**
(228)
14,843| ||12,810
14,615
**27,425**|| |||**14,615**| ## |**Fixed Assets**
Tangible assets
**Current Assets**
Debtors
Cash at bank and in hand
**Total current assets**
**Creditors: amounts falling due within one year**
**NetCurrent Assets**
**Total Net Assets**
**Fundsof theCharity**
Unrestricted funds
**Notes**
7
**8**
**9**
**10**|**2024**
**2023**
£
£
1,611
2,357
14,437
8,416
13,481
5,746
27,918
14,162
(2,104)
(1,904)
25,814
12,258
27,425
14,615
27,425
14,615| |---|---| ## ## ## ## ## ## |3
**Analysis of income**
Donations and legacies
Donations and gifts
Investments
Bank interest
All income received in the period was unrestricted.
4
**Analysis of expenditure**
Charitable activities
Books
Payments to scholars
Training
DBS checks
Contracts for scholars
Other
General manager remuneration
Rent
Other property costs
Computer costs
Travelling costs
Subscriptions
Legal and professional fees
Accountancy
Bank charges
Transfer charges
Insurance
Postage, printing and stationery
Telephone costs
Sundry expenses
Depreciation||**2024**
**2023**
£
£
155,590
138,149
316
150
**2024**
**2023**
£
£
1,421
1,780
34,816
30,898
526
436
36,763
33,114
50,000
53,317
31,917
31,250
6,416
7,400
1,830
996
4,992
1,203
976
609
192
2,390
3,531
103
102
1,689
1,872
844
827
1,963
2,237
180
180
1,823
603
1,210
1,094
106,333
105,413| |---|---|---| |||| |||| ## |5
**Staff costs**
**2024**
£
Salaries and wages
62,900
Social security costs
1,170
Pension costs
1,700
65,770|**2023**
£
62,900
1,258
2,059| |---|---| ||66,217| ||||**2024**|**2023**| |---|---|---|---|---| ||||**Number**|**Number**| ||Total||2|2| |**6**|**Defined**|**contribution pension scheme costs**||| ||||**2024**|**2023**| ||||£|£| ||Amount|of contributions recognised in the||| ||SOFA as|an expense|1,700|2,059| ## |7
**Tangible fixed assets**
**Cost**
At 1 November 2023
Additions
At 31 October 2024
**Depreciation and impairments**
At 1 November 2023
Depreciation charged in the year
At 31 October 2024
**Net book value**
At 31 October 2024
At 31 October 2023
**8**
**Debtors**
Donations pending transfer to UK
Prepayments
9
**Creditors: amounts flling due within one year**
Accruals
Other creditors||**IT equipment**
£
4,375
464
4,839
2,018
1,210
3,228
1,611
2,357
**2024**
**2023**
£
£
13,604
8,148
833
268
14,437
8,416
**2024**
**2023**
£
£
1,640
1,440
464
464
2,104
1,904|**IT equipment**
£
4,375
464
4,839
2,018
1,210
3,228
1,611
2,357
**2024**
**2023**
£
£
13,604
8,148
833
268
14,437
8,416
**2024**
**2023**
£
£
1,640
1,440
464
464
2,104
1,904| |---|---|---|---| ||||**2023**
£
8,148
268
8,416
**2023**
£
1,440
464
1,904| |||**2024**
£
1,640
464
2,104|| ## |10|Analysis of charitable funds||||| |---|---|---|---|---|---| ||Unrestricted funds||||| |||Brought|||At 31| |||forward|Income|Expenditure|October 2024| |||£|£|£|£| ||General funds|14,615|155,906|(143,096)|27,425|