REGISTERED CHARITY NUMBER: 1199616 rt of tho Trustaa and Unaudited Financial Statements for the Year Ended 30 June 2025 IF YOU CAN
IF YOU CAN Contents of the Financial Statements for the Year Ended 30 June 2025 Page R8ference and Administrabve Details Report of the Trustees statement of Financial Activiti£s Balance Sheet Notes to the Financi81 Statèments
IF YOU CAN Reference and Administratrve Details for the year Ended 30 June 2025 TRUSTEES Mr Andrew Hall Chair Mr Sal Worringham Trustee M5 Alison Ryder Trustee Ms loana Oancea Trustee PRINCIPAL ADDRESS Gears Farm House Gears Lane Goldsithney Penzance TR20 9LB REGISTERED CHARITY NUMBER 1199616 Page 1
IF YOU CAN ort ofthe Trustees fnr Ihp. Year End@d qo June 2025 The trustees present their report wrth the financial statements of th8 charty for thÉ yÈar ÈndÈd 30 June 2025. The trusteeg have adopted the provisions of A¢¢ounting and Reporting by Charities.. Statement ot Recommended Practice applicable to charities preparing th@ir accounts in aceordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 2019). FINANCIAL REVIEW Funds in deficit Thp charity received donation of £25512024., £1,000> for thg period to 30th June 2025. After out90ing expenses of £300 {2024'. £300), the charily was left with a deficit of £45 {202.' £700) for the period to 30th Jung 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and constttutes an unincorporated charity. Risk managoment The Irustees have a (July lo identify and review the rlsks lo whlcm Ihe charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Approved by order of the board of trustees on l J by.. and signed on its beha Andrew H211- Trustee Page 2
IF YOU CAN Stalement of Financial Activities forthe Year Ended 30 June 2025 30.6.25 30.6.24 LJnr@strict@d fund Total funds Notes INCOME AND ENDOWMENTS FROM t)onation8 and18gacièg 255 1,000 EXPENDITURE ON Raising funds 300 300 NET INCOMEI{EXPENDITURE) (45} 700 RECONCILIATION OF FUNDS Total funds brought forward 700 TOTAL FUNDS CARRIED FORWARD 655 700 The notes fom part of these financial ststements Page 3
IF YOU CAN Balance Sheet 30 Jun• 2025 30.6.25 30.6.24 UnrÉgtrietÉd fund Total funds Notes CURRENT ASSETS Cash al bank 955 1,000 CREDITORS Amounts falling due within one year (300) (3001 NET CURRENT ASSErs 700 TOTAL ASSETS LESS CURRENT LIABILITIES 655 700 NET ASSETS 655 700 FUNDS UnrÈ#tricted funds 655 700 TOTAL FUNDS 655 700 The financial staternsnts were approved by the Board of Trustees and authorised foi issue on and were signed on its behalf by.. Andrew Hall - Trusta8 The notes form part of these financial slatements Page 4
IF YOU GAN Notes to the Financial Statements for the Year Ended 30 June 2025 ACGOUNTING POLICIES Basis of preparlng the flnancial statements The financial stalernenls of the charity, which is a public benerrt entity unaer 102, have been prepared in accordanGe with the Charities SORP IFRS 1021 'Accountin9 and ReF)Orting by Charities.. Statement of Recommended Praelice applicable to charities preparing their accounts In accordance wltn the Finallcial Reportiny Sldiiddid appliGable in the UK and RepubliG of Ireland (FRS 102) (effective 1 January 20191,, Financial Reporbng Starsdard 102 'The Financial Reporting Standarcl applicable In the UK and Republic of Ireland. and the Charities Act 2011. The financial statement. have been prepared under tha historical cost convents'on. Income All income is recognised in the Slatement of Financial AGbvrties On the charity has entrtlement to the funds, it is probable thal the income will be received and the amount can be measured r8ligbly Expenditure Liabilities are recogllised as expenditure as soon as there is a legal or Gonstructive obligation commrtting th8 charity to that expenditure, it is probable that a transfer of economic benefrts will be requlred In selllement and the amouni of ihe obllgallon can be rneasured reliably. Expenditure is accounted for on an ac¢rual$ basis and has been classified under headings that aggregaie all cost related 10 the category. vvnere costs cannot be direciiy attriDute(I lo particular headings they have been alloGated to activttie$ on a basis consistent with the use of resources. Taxation The chArity 1¢ .Mpl from tA¥ nn itq e.hxritAblÈ actniitip* Fund accounting Unrestrided funds can be used in accordance with the charitable objethives at the discretion of the trustees. Restricted funds can onty be used for particular restricted purposes within the objects of the charity. ftesiriciions anse wnen speatieQ Dy the (Jonor or when Nnds are raise(J tor particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to th6 financial statementg. Page 5 continued..-
IF YOU CAN Financial Statements- continued for the Year Ended 30 June 2025 RAISING FUNDS Ralsing donatlons and le9aci88 30.6.25 30.6.24 Support costs 300 300 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024. Trustees. expenses There were no tnjstees, expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legaGies 1,000 EXPENDITURE ON Raising funds 300 NET INCOME 700 TOTAL FUNDS CARRIED FORWARD 700 Page 6 continuÉd...
IF YOU LAN Notes to the F. ncial Staternents- continued for the Year Ended 30 June 2025 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.8.25 30.6.24 Other creditors 300 300 MOVEMENT IN FUNDS Net movement in funds At 30.G.25 Al 1.7.24 Unrestrlcted funds General fund 700 145) 655 TOTAL FUNDS 700 45 655 Net movement in funds. included in the above are as follows.. Incoming resources Resources Movement expended in funds UnrestrlGted funds General fund 255 {300) (45) TOTAL FUNDS 255 Comparatives for movement in funds Net movement in funds At 30.6.24 At 1.7.23 Unrestricted funds General fund 700 700 TOTAL FUNDS 700 700 Page 7 Gontinued...
IF YOU CAN Notes tD the Financial State for tli¢ Year Ended 30 June 2025 contlnued MOVEMENT IN FUNDS . Gontlnued Comparative net movement in funds, included in the above are as follows: InGoming Resources Movement resources 8xpended In tunds Unrestrlcted funds General fund 1,000 {300} 700 TQTAL FUNDS 1,000 300 700 A Gurrent y¢ar 12 month3 and prior year 12 months combined position is 4$ follows.. Net movement in lunds At 30.6.25 At 1.7.23 Unrestricted funds General fund 655 655 TOTAL FUNDS 655 655 A current year 12 monlhs and prior year 12 months combined nel movement in funds, included in the above are as follows.. Incoming ourcÈ8 RcsourGe¥ Movement expended in funds Unrestrfcted funds General fund 1,255 {600) 655 TOTAL FUNDS 1,255 600) 655 Page 8 continued...
IF YOU CAN Notes to the Financial Statements- continued for the Year Ended 30 Juna ?025 RELATED PARTY DISCLOSURES There were no related paty transactions for the year ended 30 June 2025. Page 9