REGISTERED COIAPANY NUMBER.. CE031534 (England WKI Wal•s} REGISTERED CHARtrY NUMBER: 1202119 Report of the Thistws arbd Unaudlt•d Flnanclal StatOmts for th• Y•ar End•d 31 March 2025 for Tho Blg Dlfforenca CBM Accountants Limite(I 130 Boumemouth Road Ch8ndlerfs Ford Easllelgh HampshlrB S053 3AL
Th• Blg Dlfference Cont•nts of the Financlal Statsm•Thts for the End•d 31 Mar¢h 2025 Refernnco and Admln15tratlvfr Dotall8 Roport of th• Trusts•s 2 to 4 Independont Examlnets R•port Statomnl of Flnanclal ActlvRIos Stat•ment of Financlal Posltlon 7 to 8 Stat•mnt of Cash Flo Nots$ to th• Slatomen¢ of Cash Flows 10 Not•s to th• FIn¢I Sttem•nls 11 to 1T D•tslled Statomont of Rnanclal A¢Uvltle8 18 10 19
The Blg Dlff•ron R•for•nco and Admlnlstrailvo ft>r the Yoar Endgd 31 March 2025 TRUSTEES A James M Spradbery C Ward Mrs S N Lews (rosjn8d 1611125) Dr S Choi (resigned 16111251 N J L8page {app)inted 31925) REGISTERED OFFICE Fomier Housing Offke Wcnlston Soulhamp S019 9AD REGISTERED COMPANY NUMBER CE031534 (England arwj Wa19s) REGISTERED CHARITY NUMBER 1202119 INDEPENDEpif EXAMINER CBM Ac¢))unlarrts Mited 130 Boum8moLth Road ChaThJlets Fd Eastletqh Hampshlro Page 1
The Big Dlffef•nce Roport of th• Trustees forthe Y•ar Endod 31 March 2025 Th8 Trnstees of The Blg Dmerence fthe Chaw) present Ihelr annual report for the pertcdj ended 31 March 2025. Th8 TteaS have adopteil the provisk)ns of Accounting and Reporting by Charitt85: Statement of RecommerKled Pr8CtKe applirAble to chariknes preparing thelr a¢Unts In accordonGe with the Fwwnd81 R8POrtiTrJ Standard applrrable in the UK and Republlc of Ireland IFRS102118ff8Ctlve 1 January 2019>. STATUS AND ADMINISTRATION The Charity is a Charity Incorporat8d Organisalion ICIOI. registered tharmy INo.1202119) that was Incwrated on l March 2023.lts reglstered offlce i8 Shown on page 1 of this report. The prwdent Truslees and any past Trusteas who served durirttJ the perlod ¥e $h(rM) pagg 1, togglhgr the names of the prindpal external aths8TS as at the dat8 of lh8 signing of thi5 report. OBJECTIVES AND ACTivmES Obj8ctl¥es and alm• Objecllves The Charity$ (bloc$, as set c4rt In Its ¢StitU(. are.. For the public benefft. the prevenlon and rellef of poveity, in partityjar but not exckL%i¥ely by ' The collecbon, provl&on andlor dlstrfbullon of surplus food arKI d)thing, and essenlial hsehOl items. the provlsion of meals in the uk: . ProNidiThJ such rel1 to lkne th18ble to afford ba81c fcJ ¢cts other essential items to lkne in needs. PurFose. aims and a¢tNlties Th8 trustees are satisfied that the chaTrty complwng Yth Tis consthutlon 8fKJ is fulfilling its objectNes and that wlth the hard work of our CEO Sanlay Mall and his team of 8t8ff arNJ volunteers The Big Drfferen h88 become one of the krjr est provid8r off(x)d to those In ed In SwthamFéon. ACHIEVEMENTS AND PERFORMANCE Charitable actlvhles Achlovom•nt and P•rformanc• We opened ow first sockl supennarket the Northam Ccrfnmunity Centre in June 2024 arnl In JY 2025 we opened oursecond one in Shirteywarren. Thrgh ts hard Work of lh8 CEO we have Iwht 12 fxa Slwpl board during Il r, has help8d to sk the new social supermarket. We have an extraordinary Increase In th8 volume of fo(l dlstrliKrt8d from c.25 tonnes to c.50 tonnes par month. This enables us to supp¢)rt up to 800 indNiJual$ and famllw per waek th food through the s(Klal SUPgnnarf(ets. and in excess of 50 communty charity groups and 30 schools. We estimat8 Ihat apF0XIrnately S.0(• peoF4e a week benefit from I(d supplled by the BhJ Dlff8renco. We rfBtrlbu 11.000 Eastsr Bu¢kfjts to 36 s¢01S and thi[dren ChIlleS a¢ri>ss ScwthamKAon. Environmental benefits.. o the charlty operates electrlc vans to reduce our cartK)n fwtprfnl. o By acceptkng food from some supplters that would othopise ha b88n thrimn away. estimate that wa have savfjd 6Tr) tonnès of food frcth landfill this year. r vohjnteer base has conUrrt to grryw durlng the year. Page 2
The Blg Dlff•renc• Report of the Trustws forlhg Year Ended 31 March 2025 ACHIEVEMENTS ANO PERFORMANCE Trustses and Sub£ommitt•e membors The Chartty ts grateful to everyone volunlarSty glve their valu)le time, not onty to $8Ne on the vario commiitees that are n8cessary to ensure tho Chariltes activities arg carried i>ut in a safe ar¥J onjoyabla qnvironménL txrt also wider support that allows it to fulfil its char118ble c&j8CtIvgS. Wrfhjut xh alstan(. the charNYYUId be unable to operate FINANCIAL REVIEW Flnan¢lal posltlon The maln sources of inu)me of the Charity we grants and donatll from LK)th organatiOnS and Indlvidual8. Overall. the incoma ft the pwknj Was £721.570 [2024: £231,368]. Th6 21725 irKLYn8 fncludes £358,622 food donatfons In klnd. The maln costs vwe food dona1¢y, consumanoy f. office costs and vehicl8 runnlwj expense5. iknrall. th8 expenditure was £545.970 [2024.. £60,569]. The 2025 costs Indudes £327,327 donations from the charfty. The net effect WBS to sh¢y4V a surplug on unre8trScted fLWKls of £175.6(KI12024: £170,799]. Restrkted fvnds were £Nil [2024: £NilJ. Invoslm?nt policy and oblectiv•s The Constitutlon of the Charrty States that tt has the rxiwtr Yo dgposlt or Invest furKls In arw manner as the Trustees shall in their absolute dlscretion think fft to the extent that the Trusts8s shall have thg samg full and unreStrted powers Nkvesting arwj transwgn9 knv98tments In 811 peCts #s rf Ihey were beneficially absolute Res8f¥os policy The Trustees reserves polw Is to ensure that sufficlent free rwaerves are mdntalned such that the overtlead cost of fUnng and maint8in4vJ the Chadtyare covgred for at least 8 r. The Charity has total funds £346.399 [2024.. £170.7991 a ofwhkh are unr8slrfcted FUTURE PLANS The chaty has estabN5hed links wm churches In South Wales, ere similar f()d F)verty bsues 8x18L and inlonds lo devekjp this relallonshlp further in the coming ar. We intend to imwO Ihe Norlham Hub by eslabllshiw a cl98n room for food pr8paralion armj pad(IrKJ. The CEO is actively wryklng lo brfng more 8uppNer¥ on bo8rd. The conunual flow of food Is ciilical to tho onwing operation of the chaiity. We will work to Increase the numberof grants secur&J $0 that the chattty ts185s raliant on Inccffle from the social supgrmarkets. STRUCTURE. GOVERNANCE AND MANAGEPIEifr Governlng document The Chaiity govemed by its Constlbjllon which was ethpted 1 March 2023. The Tntstaes of the Charty ere responsible forthe overall govemance of the Chority 8nd meets at least three times a yBar. Recrullment and appolnlment of new trusts•s The Charity look5 to its mernbe to volunteer for the various roies. Where more members vofunteer than trwe ar8 rotes fhen an eleclion will take place. Where a vacancy arises a member who vrAunleers may te c(wled peTh1ing an election at the next AGM. Tru*998 are offwed tralnlng in tsir role vth8re required.
Th• Big Dlff•r•nc• Report of the Trustsos forlh• Year Ended 31 March 2025 srRUCTURE, GOVERNANCE AND MANAGEMENT Declslon maklng The frAlowing matters are spec#flfy reserved fry 8pproval by tho Trustees, unless th8 Tn188$ to degate any $uch matters from time to time.. - Any prfwsal to amend the Memoranthjm and Artl¢les Assock8tion'. Instruments and Rules Govgrnment - Accounting Reference Date or rnater1 aCun11ng PiCIeS. - Hanning Applvbons reflecting a s19nffanI ¢haNJ8 ol use and prolert8: - Sales or wrchases of Ihe Chaiitys prop• assets", - Any decL8ion to Mny or defend legal action a civil (3s8.' - Response to 1mInal chargesldlegallons of c¥lmlnal activity which have wilh the Charity.. - Apw)intmen( v8rktK)n of temis or removal of any Charity Post: . Expansron of 1vrtIeS core tthiness. - Fomiallon of a subsdiary, . Amendment to P8nsh)n schemes: - Material change to general tsmi$ of employment. stsff ben8fft8 or HR pollcy.. - Appn)val of annual budgets: - Approval of Annual Rerx)rt & Accounts induding settlng of reserve allations. - Revrew & approv81 of eIed aultK)ribes arKI auth¢xisation limtts: - Variattins in authorisaticiTr leve15 for pUrIe51ttIrIng contracts (limits to be Pl on totsl value of ¢ontracl and on ccwtract Fengthl; - Any t*rning by the Charty. - Anygranl of guarantse or indemnty In respect of a thiTd 918 oWtfon$ {Induding oblh3atlons of staffj" - Investment m8na9ement polIc¥., - Cash management liCIes (irdIng apwoved list of counteryrties)," - Any contract with any Trustae or member of stsff C wilh any person orentity connected wlth any of them: - Op8ning of new banking relationship" - Reipl of grfts from a potentialty desirabl8 donor and - Receipt of payTnents in exchary for sponsorshipthming rTghts. Rl$k manag•mont The Charitys 4)prcoch to risk manag8mont is desvJned to ensure that It remain5 alert to those extemal and internal fadors that could afled its abilty to operate &ffecllvely. or even at all. The work eStalshirv the risks fadng the Charity and 8nsurlng suitabk mttkJalirrfJ action b8¢ng 18ken Is challgrging. Nevertheless the Trustees feel their iisk Mantyemont schedule is as complete as possible whllst being aware that wgilance is eJvAys needed. Thls repc¥t has been wepared in accordance wlth the specHI pmvisions of Part 15 of the Companies Act 20C relating to small com. AVed byLYthr of th8 board oftrusta88 on.......... ..... ........................... arKI signed on Its behair ty. slee
Independ•nt Ex•mlnefs Report lo the Trust•es of Th• Big Diff•r•nc• Indgp8ndent oxamln8rf8 report to the trusto8s of The 819 Dlff•ren¢e he Cornpan) I report to the charity trustees my examination of the accounts of the Company for the year 8nded 31 March 202S. Responslbllttl•s and basls of r•port As Ihe charitys trustees of the Company land also its dlr8Ctors for the purFJSes of CompnY law) YDU are responsible for th8 preparatv)n of the accounts in accoritanctr th the requirements of the Companies Act 2CN 2006 Acr). Hthng sgtisfigd mysew that the aCunts of the CcpanY ara not requked to be audlted urthr Part 16 of the 20C6 Act and arg 81igible fw irMleperKJenl examinalion, I report in respect of my examintvjn of your chartys ants as cathed (Mrt urKler Sectk)n 145 of the Chaiibes Act 2011 (Yhe 2011 AcV}. In carrylng fJrt my exnIn8110 I have folhywthj the Dlrectirms grven ty th& Chaftty Commisslon under Seclion 14515) Ibl of the 2011 Independent •xamlnorfs ststement Sinc w)ur tharitys gross income exc8aded £250.0(hJ ycw eXamUr must be a member of a listsd bc#Jy. I can c(Mfflmi that l am quaI[fd to undertake the éxamlnatbn trEcau8e l 8m a memb8r of the A880datlon of Acwunling TeChnlan$. wch is one of thg ILsted bodies. I have c(Nnpleted my examination. I conflmi that no matters have come lo my 8ttenti¢xt In conrth wtlh the examinalKin giving mg cause to believe". accouniing records wwe not kept in respect of the Company as raquired by Seciion 386 of the 20C6 Actr. Ihe accounts do not acCoj with those records; or the aCtnIS do not comply w6th the accounting requiTgmgnts of Sect 396 of the 2006 Act other than any requirement that the accounts give a true and fair wew is Tr)t a matter cold8 as part of an independent elM31.' or the accounts have not been prepared a)rdance the methods aThJ prle8 of the Statement of ReLommerK18d Pr8clice for aOUnting aThJ rek)Orting by th8rities lapplThble to Charit preparing thelr accounts in aLD)rdan Voith the Finanual Reporting StarKlard applrcable in the UK and Republic of 'Ireland IFRS 102)). I have no concems and have cnme across no other matters in connection wth the examination lo vthith attenlion shwld b8 drawn In thi8 report In order to enable a proper understsrKllng of the accounts to be reac1. Graham Bennett The A8sociatron rrfAtxountlng TechnKians CBM A?unllts Umlted 130 8oumemouth Road CharKll8rfs Ford Eastleigh Hampshire S053 3AL DatB'. Pagg 5
The Blg Diifwanc• Statement of Flnanclal Acllville$ for th• Y••r Endod 31 March 2025 Perlod 113123 Year End8d 3113125 Unp88trictsd funds 311W24 Total funds INCOME AND ENDOWMENTS FROM Don8tions aThJ legac 594.338 231.368 Olhor tradirKJ activibes Investment income 126,430 Totsl 721.570 231,368 EXPENDITURE ON RaSslng funds 545,970 60.569 NET INCOME 175,600 170.799 RECONCIUATION OF FUNDS Totsl fwds brought fonvard 170.799 TOTAL FUNDS CARRED FORWARD 346,399 170,799 The notes f(*m part ofthwtse finan(yal Statnents
The Big Diff•rence SLement of Flnanclal Posttlon 31 Marth 2025 2025 Unrestrthd funds 2024 Totsl fund5 FIXED AS8Ers Tangible assets 11 52,641 55.017 CURRENT ASSETS stocks Debtors C8sh at bank 12 13 40,290 437 258.103 117,222 117,222 CREDITORS Amounls fall1 due wrfhin on8 year 14 15.072) {1.4401 NEf CURREKf ASSETS 293.758 115.782 TOTAL AsSs LESS CURRENT UABILrriES 346.399 170,799 NEf AssErs 346.399 170,799 FUNDS Unreslricted funds 15 346,399 170.7gg TOTAL FUNOS 346.399 170.799 The charitable company 15 enti118d lo exemption frcrfn autht und8r Section 477 of Ihe Companigs kl 2006 for thg year ended 31 March 2025. Th8 members have not requlrgd the company to obtain an aud of Ils finarrial stBtements for lh8 year gnde(i 31 March 2025 in accordance SoclK)n 476 of the Companies Act 2006. twstees ackncwWge the* responsiblllttes for enSlg that th8 charitablg company keeps a(xxrtting records that compty wilh SectK)ns 386 387 of the Companie$ Act 2006 and preparing financial statements which giv8 a tnjè and fair vitiw of the stste of 8ffairs of the Charrtab company as at the end of each finandal year and of ils surplus or defidt for each finandal ar i accordance th tho reqU1ments of S8clions Y34 and 395 and which otherwise compty the r8quwements of the Companw Ad 2(M)6 relating to fknancAal statements. so far as applicable to the charilable company. la) {b) The notss fcffti part of these financial statements Pagg 7 conlinued...
Th• Blg Dllleren St¢m•nt of Flnanclal Pasitk•n- continu•d 31 March 2025 These fin8ndal statements have been prgparBd in awdance ith the provbk)ns applirable to eth8rttable companies subject to the small compani88 reglme. The tlnanaal Statements were awroved by the Board of Trustees ar au11 for Issue on I3...TrAnkl... ....IQU.. and wer& signed on its behalf ty. am njs ee The not98 forni part of these financL81 statomer P*J8 8
The Big Diff•rnn¢• Staterne of Cash Flows forth• Y•ar End•d 31 March 2025 Per 113r23 lo 3113124 Ygar Ended 3113125 Notss Cash ffows from oporatlng acllvllles Cash gerAted from operations 155.386 180.099 Nel cash prowld8d byoperthrvJ acllvitEs 15&386 180,099 Cash flows from Investlftg acthillla Purcha86 of tanglbie Ilxed assets Intwl receNed (15.307) 802 162.87TI Net used kn Investing activities (14,505) 162,877) Change In ¢a8h and cash aquivalents In th• reportlng perfod Cash and cash oqulvalonts at the boglnning of tho reporting period 140.881 117.222 117.222 Cash and Cash •quival•nts at thg •nd of the reportlng pwiod 258.103 117.222 Th8 notss fomi part of th88e fmancA81 statemgnts Pag8 9
Thè Blg Dlffernnce Notes to the Statsment of Cash Flows forlho Year End•d 31 March 2025 RECONCILL4TION OF NEf INCOME TO NET CASH FLOW FROIA OPERATING ACTivmE8 Period 113123 Year Ended 3113r25 3113124 N8t Incomo forth• reportlng portod {a per th8 Slalement of Financlal Actlvlties) AlJu$tments for. Deprapation charg8s Interest receNed Increase in stocks Increase in debtors InLTeas8 in credita 175,6t 170.799 17,683 (8021 140,290) 1437) 3.632 1.440 cash proVId by opèratfons 155.386 180.099 ANALYSIS OF CHANGES IM NET FUNDS At 114124 Cash At 3113125 Net cash Cash al bank 117.222 140.881 258.103 117.222 140,881 258,103 Total 117.222 140,881 258.103 The r)tes ft)mi part of these financ*1 statarnonls Page 10
Th• Blg DillnCe Notos to th8 Fknancial Statsments forth• Year Endgd 31 March 2025 ACCOUNTING POLICIES 8asls of preparfng thè firmnelal ststèm•nts Thè financial stat8merJls of the chwitable ccmpany. is a public benefft eniity under FRS 102, have been prep8rj in accordance th the Charits SORP (FRS 102)'Accounting and Reporbng by Charities.. Statement of Recommeniled Practice applicabi8 to charthgs preNng their accounts in accordance the Finandal Rewrt(ng Standard 8pplicabl& In the UK and Rerwblic of Ireland IFRS 102} (effec0 1 January 2019).. Financial Rep(xting StarKlard 102 The FIncl ReportsTrJ Standard applicable in the UK and R8publlc of Ireland, and tha Ccrfnp8ni8s Act 2006. The financlal statements ha been prepaT8d und fh8 historical cth8t convent¥)n. AN incune is recognised in the Ststement of Financial Activibes once the charity has wttitl8ment to Ihe funds. it is probable that Ihe incom8 11 be rgIVed and the amount can be measur&J relrabty. The vahje of food donatlons Is recognised as Glfts in kind when recewed and webjhed in. w7th equiva8nl amount renI1 as charitsbie expendittthre, after adiusting for th8 value of stock. Th& vue esllmated b88ed upon the Trussejl Trust (industy stand8rdl recommendation of 1kg thnated goods ng equivalent to £2.37. Expenditur• Liabilltles are r8co3nL8ed as gxpendiiure as s7 as there is a legal or constructive obwon eommnting the chaiity to that expénditure. it is probable thal a transfer of aconomic benefrts will be required in seitlement and the amount of th? obtiqation ¢8n be measurgd reliabty. Expenditur9 is ac0ntsd for on an accnlals basis and has been Classrf under he8dings that aggregate all cost lated to the catsgory. Where costs canrw)t b8 dlrecuy atirit)uted to partscular headlrNJs they have been alktated to activi on a basis consistent with the use of resour$. Tanglbh fixed a$ts D8Pr8cIaU( FS Provlded at th9 fouowng annual rates in order to wrfta off e&h asset o¥w Ns eslimatwj Useful kfe. Plant and machinery Motor vehlcles Computsr equipment 25% on cogt 25% on cost 33% on cost stocks of donated food and gwjs for diStribun have been eslimated bas8d up)n TDJss TTht Ilndusty slandard} reeA)mmendatton of 1kg of donaled good being equlvalenl to £2.37. TaxatloTr The charty is exempt from corp)ran tax on its chwitable actNibes. Fund accountlng UnrestriLod fund8 can be used In accordarte the charit*de objeclivgs at thg dlscretlon ol thg Reslricled funds can onty be used for particular restricted purposes wilhin the objects of the thartty. Restricttons arise vthen $Ified by tha donor or when ftjnds are raised for partKular restrictsd purposes. Further eyplanati of th8 natwe and PurFa of each fvnd 18 Induded in the notes b tho fmancAal stelements. continued...
Th• Blg Dlfferenc• Notes lo Ihe Flnanclal S¢atem•nts- contlnued forthe Yoar Ended 31 March 2025 ACCOUNTING POLICIES- conllnu•d Hlrn purchase and l•aslng commilm•nts Rentals paid under OFerating 18ases we charged to the Ststement of Finan¢ig1 Actimties on a Straht basis over the perlod of the laase. P•n8lon Costs and oth•r post+etlr•mont beneffts The charitsbl8 company operatss a defined conthbution schem6. Contsibutions P3Ydble to the charitable compan$ pension scheme are Char to the Slatement of Flnanoal AfveS In the riOd to which they r8lato. DONATIONS AND LEGACIES Peric4Y 113123 Year Ended 3113125 3113124 G¢ts in kirKI Grants Project income Above Bar Church Indlviduals gan08 358.622 34.500 128.227 15.158 51.899 15,078 21.006 29.009 172.207 594,338 231.368 Grants r8cewed. included in Ihe abov8. aro as folkn: 1r3123 Year Erwjed 3113125 3113124 Other grant income Grants forfLKed assets 65.350 62.877 128.227 OTHER TRADING ACTivrriES 113123 Year ErKled 3113125 3113124 Panty income 126,430 Page 12 continued...
Th• Big Dlfference Nolos to the Financlal Stalthnts- ¢oThtlnued forthe Year Endod 31 March 2025 INVEsfMENT INCOME Period 113r23 Ended 3113125 31r3124 Deposlt Interest 802 RAISING FUNDS Rai¥ing donatlon8 and legacle8 Pariod Year ErMl8d 3113r25 3113124 Staff (xjsts SutFcontractor costs D8pre(¥ation &w)rt costs 101.420 17,683 7.860 48.759 120.071 56.619 Other trddlng adlvNI 113r23 Year Ended 3113125 3113124 Purch88e8 42, 1.297 327.327 54.639 Gifts in kknd Sus)Ix¥t costs 425.899 3,950 gregate amounts 545.970 P8ge 13 Conllnd...
Th• Blg Dilhren¢e Notes to tho Flnancial S¢atements- continued forthe Yoar Ended 31 Mar¢h 2025 SUPPORT COSTS Management Finance Totals Other trJing activilies 53,174 1.465 54,639 NEf INCOMEIIEXPENDrrvRE) Net In(#)mel{expendilurel is st8d after chargIn(creditINj). P8rrtyJ Year Ended 3113125 lo 3113124 l)eprecialion- owned assgts Other cyerating leases 17,683 7.860 TRUSTEES. REMUNERATION AND BENEFITS There wer9 no trust8es' remuneratiDn or olh8r ben8ffts for thg year end&J 31 March 2025 nor for the pericd ended 31 Marth 2024. Trn$tses' •xpen8e8 There were no Irustses, expenses pa•J for the ypar ended 31 March 2025 for the pericmj ended 31 March 2024. STAFF COSTS Period 113123 Year E[ed 3113125 3113124 Wages and salarres Social security c(Jsts other pension costs 99.735 1.827 1,155 102,717 The average monthly number ofemploy888 during th8 yEar was as fonows: 113123 Ygar Endgd 3113125 SupFXXt staff 3113124 No emFdoypes recgived emoluments in excgss Of£60.(). Page 14 1)3ntinu8d...
Th? Blg Dlffernnc• Notss lo tho Flnanclal Statem•nts- continued forth Y•ar Endod 31 Mar¢h 2025 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES Unrestricted lunds INCOIIE AND ENDOWMENTS FROM DonatK)ns and legactes 231,368 EXPENDITURE ON Raising funds 60.569 NEf INCOME 170.799 TOTAL FUNDS CARRIED FORWARD 170,799 11. TANGIBLE FIXED ASSETS Plant and mathinery Computer uipmont vehi¢les Totals C03T At 1 Apwll 2024 Addrbons 62.87T 2.500 62.877 15.307 3.541 9.266 At 31 Marth 2025 3.541 65.377 9266 78.184 DEPRECIATION At 1 April 2024 Charge for year 7,860 16.031 1,172 17,683 At 31 M8rch 25 23,891 1.172 25.543 BOOK VALUE At 31 Marth 2025 3,061 41,486 8.094 52.641 At 31 Marth 2024 55.017 55,017 Page 15 conlinued...
Thtr Blg Dlfferen Note$ to tho Flnanclal slatonnts. contlnugd fvrlho Yoar End•d 31 ?h 2025 IZ STOCKS 2025 2024 Sfyks 13. DEBTORS: AMOUNTS FALLING DUE ThIN ONE YEAR 2024 Trade debtur8 437 1& CREDITORS: AMOUNTS FALLWG DUE MTHIN ONE YEAR 2025 2024 Trade uedltors Other creditors Accruals and deferred Ino)me 631 3,878 5,072 1,440 1& MOVEMENT IN FUNDS Net Transfer5 movemont b&tvfftn In funds fulS At 114124 31r3r25 Unrestrlctsd fund$ General fund Functional flx9d asset fund 115,782 55,017 175.600 2.376 12.376} 293,758 52.641 170,799 175,6LIJ 346.399 TOTAL FUNDS 170,799 175.61 346,399 Ngt movement In fvnd8. Iude*j In the atrw are 88 folows: Incoming Resources Movement resources expended in furKIs Unro5tricted funds Ganeral fund 721,570 (545.970} 175.fAIO TOTAL FUNDS 721,570 {$45.970) 175,600 Page 16 continued...
8lg Dlffer•nc• Nota$ to the FlnwKlal Statemonts. continued forthe Y•ar Ended 31 March 2025 MOVEMENT IN FUNDS- contlnued Comparatl¥es for movement in fundy Net movement In fund$ At 3113124 Unrestrtctsd funds General fund Funclional ffixed asset fund 115.782 55,017 115.782 55.017 170.799 170.799 TOTAL FUNDS 170.799 170.799 Comparaltve net mo¥ement in knnds. induded in th8 *we arg as f(4r(hv8: IncomirvJ Resour Movement resources experbjed kn furK Unrestricted fvnds Gèneral fvnd FUnd]Lal red asset fu 168.491 62.877 152,7091 (7.860) 115.782 55.017 231,368 {60,569} 170,799 TOTAL FUNDS 231,368 (60.569) 170,799 16. RELATED PARTY DISCLOSURES There ¥4pre no related trans8dlons forthe year ended 31 March 2025. Page 17
The Blg Diff•rence D•tallgd Statement of Financlal Act(vllie8 forthe Y•ar End 31 Mah 2025 Period 113123 Year EThJed 3113125 311W24 INCOME AND ENDOWMENTS Donations and legaci08 Gtfts in kind Grants Project inwme Above Bar Church Indrwduals Organlsabons 358,622 128.227 15.158 51,899 15,078 21.006 29,009 172.207 231,368 otr tr8dlThg actlvltle8 Pantry incx)me 126.430 Invoslment income Deposit a£Unt interest Total incoming rw8ource8 721.570 231.368 EXPENDITURE Raising donat•ons and10gacl•s Wag8s Social Security Pensions Sulxontractor e£Jsts Plant and machinery Motor vehicles C(mputer equipment 98.436 1,155 968 480 16,031 1.172 120,071 7,860 Olh•r tradlng actlvlti Purchases Wages Gits in kind 42,636 1,297 327.327 371,260 Support costs Managemgnt Other operatingloases Carried fonvard This page do88 not form part of the stalthwfinanctal stst@ments P18
Th• Blg Dlffwenc• D•ta119d Stat•m•nt of Flnanclal *tlwllle• for th• Y•ar Endod 31 Mah 2025 Period Year Ended 3113125 3113124 Managem•nt Brought fotW8rd Rates and vmter Insurance Light and heat Telephone Postag8 and stalronery Motor and trav61 expenses Consultancy costs Subscrptions Repairs and m8intanaTh ACutfaes SeTrice (arges Cleanh Health and safety costs IT 80fiwdre and corL8ufflables AAfverttskng 7.088 2,181 1,400 1.188 1,030 13.624 16.833 35 1.778 48.767 2,070 1.502 471 1,166 2,156 53,174 52.709 Financ• Bank charges Tc481 resouTc8s expetsjed 545,970 60,%9 Net incom• 175.600 170,799 This page d$ rtf part oftho stabjtoryfinancral statements P8ge 19