Moore
Thompson
Trusted Advisers
Chartered Accountants
Registered Number CE031659
Charity Number 1202172
THE JOHN AND MAUREEN BIGGADIKE FOUNDATION
Charitable Incorporated Organlsation
Audited Financial Statements
for the period ended
31 December 2023

THE JOHN AND MAUREEN BIGGADIKE FOUNDATION
Index
for the period ended 31 December 2023
Legal and Adminislralive Information
Trustees. Annual ReF4)rt
Independent Audilorfs Report
Stslemenl of Financial Actiwties
Balance Sheet
Notes to the Financial Statements
10-14

THE JOHN AND MAIJREEN BIGGADIKE FOUNDATION
Legal and Administrative Infomiation
for the period ended 31 December 2023
Trustees
Rich8rd Waller Lewis Chair
Steven Raymond Adcock
Joanna Marga￿t Chadlon
Dawd Hemmanl
Faye Louise Blair LLB
Mary Elizabeth Pea
Dennis John Grimwocrtj
Appointed 29 April 2021
Appoinled 25 May 2023
Appoinled 25 May 2023
Appointed 29 April 2021
Appointed 29 April 2021
Appoinled 29 April 2021
Appoinled 29 April 2021
R¢glstered office
23 New Road
Spalding
Lincolnshire
PE11 1DH
Auditors
Moore Thornp50n
Bank House
Broad Street
Spalding
PE11 1TB
Solieitors
Maples Solicitors LLP
23 New Road
Spalding
Lincolnshi
PE11 IDH

THE JOHN AND MAUREEN BIGGADIKE FOUNDATION
Trustees. Annual Report
for the period ended 31 December 2023
The Iruslee5 have pleasure in presenting their report and the audiled financial stalemenls of the charitable
incorporated organisation for the period ended 31 De￿mber 2023.
INTRODUCTION
The John and Maureen Biggadike FOUr￿allOn was c￿ated on 29 April 2021 and was Tegislered as a
charililable incorporaled organisation on 3 March 2023. These financial slalemenis cover the period ended
31 December 2023.
LEGAL STATUS
The John and Maureen 8iggadike Foundation is registeced the Charity Commission in Englan¢J and
Wales as a Charitable Incorporated OTganisation. registration numbef CE031659 and charity number
1202172. The principal office is 23 New Road. Spalding, Lincolnshire, PE11 1 DH.
OBJECTIVES OF THE JOHN AND MAUREEN BIGGADIKE FOUNDATION
The objectives of the foundation as set out in the conslilub.on are as follows..
To advance such charitable purposes {according to the law of England and Wales) as the trustees see
fil from limg to lime wthin the Soulh Holland District Council area with particular preference lo
chariiablg purposes be5ng Carried out in the parishes of Moullon Weston and Whaplode.
ORGANISATION
The foundation is govemed by a Board ol Trustees comprising al least three bul no more than eight trustees.
Training is provided lo keep trLEslees up to dale ¥￿th new ￿gIslatIon on a regular basis.
RISK MANAGEMENT
The Board of Trustees has conducted its own review of the major risks to which the chaTltable incorporated
organisation is exposed and systems have been established to miligate those risks. Significant extemal risks
lo funLfing have led to the development of a slrategic plan. Internal risks are minimised by the
implementation of procedu￿$ for 3ulhorisation of all transactions and projecls and lo ensure qualtty of
delivery lor all operational aspecis ol the chariiable In￿rpOraled organisation.

THE JOHN AND NIAUREEN BIGGADIKE FOUNDATION
Trustees. Annual Report (continued)
for the period ended 31 December 2023
GRANTS POLICY
In order for the foundation to meet its objectives the primary waywill be lo make grants lo local charities and
charities operaling in the area of benefit. The intent will be for those grants to be used for projects rather than
general expenses.
Cri(eria
The fiJndamenlal requirement is that grants made will be for the public benefit. It is impossible lo quantify
whether providing funds for vouchers for relief in need charikn.es has a better public benefit than helping
ntsvate part of a windmill or pioviding replacement play equipment for children. As such each application
will have lo be considered on its merits.
Preference will be gNen lo projects rather than meeting running expenses bul major repaiTS lo ￿lIage halls
may well be considered a project rather than routine maintenance.
The late Mr. 8i9gadike was always keen lo help people help Ihemsefves so in so far as il is possible grants of
small sums lo small organisalions would be a considered a priority. These a￿ organisations that often do not
qualify wth major funders or find their application processes loo cumbersome.
In that regard we propose a simple application covering who the applicant is. what it does, why it Wants
grant and what it ￿11 do wlh it. A briel oulline of its financial position and any other pending or intended grant
applicalions will be reouired.
Normalty payment will be direct to the applKant organisation but in the case of small entities we may well
wish lo pay invoices direcl.
Monitoring
Evidence ot how the money is spent will be required. We envisage that in many cases such as building works
we will be able to inspect personally or wilh phologiaphic emdence. Where grants are paid lo enable sums lo
be di51ribuled a short accounl showing how and where the money has been spent will be required. Where
the recipient is a regISte￿d charity a certbfi¢ale from its treasurer or secretary w511 normally suffi￿.
RESERVES POLICY
11 is the intention of the Trustees that the Foundation should continue into perpetuity, to achieve that aim il is
intended Ihal some of the initial bequesl. nol currently being ￿quired lo meet ils charitable objectives, should
be used to acquire a number of investment properties lo achieve an ongoin9 income stream. 11 is the
Iruslee's belief that a minimum cash reserve of approximately 6 morblhs of anlicipaled administral4ve
expen4Jilure should be maintained wilh the excess proceeds from investment relums being used lo meet the
Foundatson's charitable objectives.
THE TRUSTEES
The Trustees who seNed the charilable incorporated organisalion during the period are lisled on the
legal and administratNe information page. on page 1.

THE JOHN AND MAUREEN BIGGADIKE FOUNDATION
Trustees. Annual Report (conlinued)
for the period ended 31 Decembèr 2023
TRUSTEES. RESPONSIBILITIES
The trustees are responsible for preparing the Trustees Annual Re[￿rt and the finanrjal statements in
accofdance with applicable law and Uniied Kingdom Accounling Slandards {Uniled Kingdom Generally
Accepled Accounting Practice).
Charity law requbres the tnJstees to prepare financial slalements for each financial yeaf which give a true and
fair view of the stale of affairs of the chariiable incoporaled oranisation and of the incoming resources and
application of resources. including the income and expenditure. of the CIO for that period. In preparing these
rinancial slalements. the trustees are required to=
select suitable accounting potiLaes and then apply Ihem consislentty.,
observe the methocls and principles in the Charilies SORP-.
make judgements and eslimales that are reasonable and prudent-.
stale whether applicable UK Accounting Slandards have been followed, subject lo any material
departures disclosed and explained in the finanual 51alements-
prepaie the financial stalemenis on the going Goncern basis unless it is inappropriate to presume that
the CIO will continue in operation.
The tnjstees are responsible for keeping proper accounting records that disclose vAth ￿3$Onable accuracy
al any lime the financial position of ihe CIO and enable the proper preparation of the financial sialemenls.
The Iruslees are also responsible for safe9uarding Ihe assets of the CIO and hence for taking reasonable
steps for the prevention 8fbd detection of fraud and olher irregularities.
PUBLIC BENEFIT
The lrnJ51ees have constdered the Charity Commission's guidance on public benefrt and believe that the
objects of the trust and the activities undertaken support this public benefit.
The tnjslees ¢on5ider that the full delails of the public benefit have been displayed within the review of their
grant making and monitoring policy.
INDEPENDENT AUDITORS
A resolution to re-appoint Messrs. Moore Thompson a5 indepeThJent auditors for Ihe ensuing year will be
Pfoposed at the annual general meeb'ng.
Signed by order of the Trustees
Richard Walter Lewis - Chair
Approved by the Trustees on .................

Independent Auditorfs Report to the trustees of the
THE JOHN AND MAUREEN BIGGADIKE FOUNDATION
Independent Auditovs Report to the Tru$tee5 of The John and Maureen Blggadike Foundation for the
period ended 31 December 2023.
Oplnion
We have audited the financial slalements of The John and Maureen Biggadike Foundation Ithe '¢harilable
incorporated organisation'l for the period ended 31 De￿mber 2023 which comprise the Statement of Financial
Activities. the Balance Sheet. and notes lo the financial statemenls. including significant accounting policies.
The financial Teporting framework thal has been applied in Iheir preparation is applicable law and United
Kingdom Accounling Standards. including Financial Reporting Standard 102 The Financial Reporting Skndard
applicable in the UK antl Republic of Ireland (United Kingdom Generdlly AC￿pIed Accounting Praclicel.
In our opinion the financial slalements..
give a twe and fair view of the state of Ihe CIO'S affairs as at 31 December 2023. and of ils incoming
resources and application of resources, including ils income and expenditure. for the period then ended,.
have been prOpe￿Y prepared in accordance wih United Ktngdom Generally Accepted Accounting
Practice.. and
have been prepa￿ in accordance with the reqU1￿MentS of the Charities Acl 2011.
Basis for opinion
We conducted our audit in accordance with Internal￿al Standards on Auditing IUKI {ISAs IUKII and
applicable law. Our responsibiltti.es under those standards are further descfibed in the auditor responsibilities
for the audit of the financial statements seclion of our report. We are independenl of the CIO in accordance
with the ethical requirements that are relevant lo our audit of the financial statements in the UK. including the
FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordan￿ wilh thése
requirements. We believe that the audil eviden￿ we have obtained is sufficient and appropriate lo provide a
basis for our opinion.
Conclusions relating to goln9 concern
In auditing the financial slalemenls. we have concluded thal the Iruslees, use of Ihe going concem basis ot
accounting in the preparalion of Ihe financial sialemenls is appropriate.
Based on the work we have performed, we have not idenlified any material uncertainties relating lo evenis or
conditions that, ir)dyvidually or collectively. may casl significanl doubt on the charitls ability to conlinue as a
going concem for a period of at least Iwefve months from when the financial statements are aulhorised for
issue.
Our responsibilities and the responsibililie5 of ihe Iruslee5 wth respect to going concern are described irs the
relevanl sections of this report.

Independent Audltorfs Report to the trustees of the
THE JOHN AND MAUREEN BIGGADIKE FOUNDATION (Continued)
Other infomiatlon
The other information comprises the information included in the trustees, annual report, other than the financial
statements and our auditor's re￿rt thereon. The Iruslees are responsible for the other infornialion. Our opinion
on ihe financial slalements (Joes not cover the other information and we do not express any fom of assurance
conclvsion thereon.
Our responsibility is lo read the olher information and. in doing so, consider whether the other information is
materially incon5islent the financial sialemenls or our knowledge obtained in the course of the audit or
otherwise appears lo be malerially misstated. If we identrfy such malerial inconsislencies or apparent material
misslalemenls. we are reouired lo determine whether this gives rise lo a material misstatemenl in the
rinancial statements themselves. If, based on the work we have perfom)ed. we conclude that there is a material
misstatement of U)is other infom)ation. we are required to report that fact.
Wè have nothing to ￿port in this regard.
Matters on which we are required to report by exception
We have nothing lo report in respect of the followng matters in relation to which the Charilies (Accounts and
Reports) Regulations 2008 require us to report lo you if, in our opinion..
the information given in the trustees. report is inconsistent in any material respect with the financial
statements., or
sufficient accounting records have not been kept.. or
the financial statements are not in agreement wilh the accounting records.. or
we have not receNed all the information and explanations we require for our audit.
Responsibilities of trustees
As explalned more fully in the trustees. responsibilities stalemenl set out on page 4. the Iruslees are
responsible for the preparaiion of the finaneial slatemenis and for being satisfied that they give a true and fair
view. and for such inlernal conirol as the injstees determine is necessary lo enable the preparalion of financial
sialemenls Ihal are free from material misstatement. whether due lo fraud or error.
In preparing the financial slatemenis. Ihe trustees are responsible for assessing the CIO'S ability lo continue as
a going concem. disclosing. as applicable. matters related lo going con¢em and using the going concem basis
of accounting unless the trustees either intend to liquidate the charity or to cease operations. or have no
realistic altematNe but to do so.

Independent Auditorfs Report to the trustees of the
THE JOHN AND MAUREEN BIGGADIKE FOUNDATION (Continued)
Auditor respon$ibilÉties for th8 audit of the financial statements
We have been appointed as auditor under section 144 of the Chariiies Act 2011 and ￿port in accordance with
the Act and relevant regula1￿Jns made or having effect Ihereunder.
Our objectives are to obtain ieasonable a55urance at￿￿1 wheiher the financial statements as a whole are free
from material mi55tatemenl. wheiher due to fraud or error. and lo issue an auditor's Teport that includes our
opinion. Reasonable assurance is a high level of assurance. bul is not a guarantee that an audit conducted in
accordance with ISAS IUKI wll always ¢Jetect a material misslalemenl when it exists. Mi5Statements can arise
from fraud or ernor and are considered material if. individually or in the aggregate, they could reasonably be
expected lo influence the economic decisions of users taken on Ihe basis ol these fanancial statemenls.
Irregularities, including fraud. are insiances of non-compliarbce wih laws and regulations. We design
procedures in line our responsibilities. oullTrned above. io delect malerial misslalements tn respect of
irregularities, including fraud. The exlenl to which our proCedU￿S are capable of delecling irregularities.
including fraud is detailed below=
enquiry of management around actual and potenlial liligalion and claims..
reviewing finanoal slalemenl disclosures and tesiing to supporting documenlalion lo assess compliance
th applicable laws and regulations., and
perfomiing audit work over the risk of management override of controls. induding reviewing of joumal
entries and other adjustments for appropriateness, and reviewing accounling estimate5 for bias.
Because of the inherent limilations of an audil. Ihere is a risk thal we will not delecl all irregularities. indLtding
those leading to a material missialemenl in the financial statements or non-complian¢e wlh regulation. This
Tlsk increases the more that compliance wilh a law or regulation i5 removed from the events and transactions
ieflecled in the financial slalements, as we wll be less likely to become aware of instarbces of non-compliance.
The risk is also greater regardin9 irregularities occurring due to fraud ralher than error. as fraud involves
intentional concealment, forgery, collusion. omission or misrepresentation.
A further description of our responsibilities is availabfe on the FRC'S website al
www.frc.org.uklaudilorsresponsibililies. This descriptson lorms pari of our auditor's report.
Use ofour report
This report is made solely lo the charitys trustees. as a body, in accordance with Part 4 of the Charities
(Aecounls and Reports) Regulations 2008. Our audit WOTk has been undertaken so that we might slate lo Ihe
charity's truslees Ihose matters we are required to stale to thern in an audilor's feport and lor no other purpose.
To the fullest extent pemiilted by law. we do not accept or assume responsibility to anyone other than the
charity and the charity's trustees as a body. for our audit v￿rk. for ihis report. or for Ihe opinions we have
fomied.
Moore Thompson Islatutory Auditor)
Chartered Accounlanls
B8nk House
Broad Streèt
Spalding
PE11 1T8
Dale.....................................
Moore Thompson is eligible for appointment as auditor of the Charity by virtue of its eligibility for appointment
as auditor of a company under section 1212 of the Companies Act 2006.

THE JOHN AND MAUREEN BIGGADIKE FOUNDATION
Statement of Financial Actlvltles {including Income and Expenditure a¢¢ount)
for the period ended 31 December 2023
2023
Unrestricted
Funds
Total
Funds
Note
Income from=
Donalion5 and grants
Investment Income
1,937,363
26.148
1,963.510
1.937.363
26.148
1.963,510
Total income
Expenditure on:
Charitable aclivities
Investment management
Management & delivery
Total expenditure
19.444
960
6.689
27,093
19.444
960
6.689
27.093
Net movement n funds
1.936.417
1.936.417
Re¢on¢lliation of funds:
Total funds carried forwafd
12
1.936.417
1,936.417
Al of the 8clivilies of the char41able ir￿OrpOrated organisation are classed as continuing
aclivslies.
The slalement of Financial Activities includes all gains aThl losses recognised in the year.
The notes on pages 10 10 14 form part of these financial statements.

THE JOHN AND MAUREEN BIGGADIKE FOUNDATION
Balance Sheet
At 31 December 2023
2023
Note
Fixed assets
Inveslmenl Propety
335,000
Current assets
Debtors
Cash at bank and in harKI
10
111.788
1.499,892
1.611.681
Creditors: Amounts falling due
wlthln on• ￿ar
11
{10,2631
Net current assets
1,601.417
1,936.417
Total assets less current liabilities
Funds
Unrestricted
12
1.936,417
1.936,417
These financial statements were approved and authorised by the Trustees on 24
signed on their behalf by..
10
and are
Richard Walter Lewls - Chalr
Faye Louise Bl
a5urer
The noles on pages 10 10 14 fomi part of these finanryal slatements.

THE JOHN AND MAUREEN BIGGADIKE FOUNDATION
Notes to the Financial Statements
for the period ended 31 December 2023
1. Accounting poll¢l&$
General information and basis of accounting
The John and Maureen Biggadike FoLEndation is regislere(J wilh the Charity Commission in England and
Wales as a Charitable Incorporated Organisalion. registration number CE031659 and charity number
1202172. The principal office is 23 New Road. Spalding, Lincolnshire, PE11 1 DH.
The CIO conslilules a public benefit entty as defined by FRS 102. The financial slalèments have been
prepared in accordance wth Accounting and Reporting by Charities.. Slalemenl of Recommended
Practice applicable to charities preparing their accounts in accordance wÉth the Financial Reporting
Standard applieable in the UK and Republic of Ireland issued in October 2019, thè Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland (FRS 1021. the Charities Act 2011.
and UK Generally Accepted Accounling Practsce.
The financial slalemenls are p￿pared on a going concem basis under the historical cost convention,
modified lo include certain ilems at fair value. The financial statements are presented in sterling which
is the fLbnctional currency of the CIO.
The significant accounting policies applied in the p￿paratIOn are sel out below. These policies have
been consislenuy applied lo all years presented unless otherwise staled.
Funds
Unrestricted funds are availablè for use at the discretion of the trustees in furtherance of the general
objectwes of the CIO and which have not been designaled for other purposes.
In¢ome recognition
All incoming resources are induded in the Slalement of Financial Aclivilies when the CIO 15 legally
entitled lo the income after any performance condilions have been met. Ihe amount can be measured
reliably and (( is probable that the income wll be received.
For donations lo be recognised the CIO wll have been notified of the amounts and the setuement dale
in writing. It there are conditions attached lo the donation and this requires a level of perfomian¢e before
enliuemenl can be obtained then income is deferred until those conditions are fully met or the fu5filment
of Ihose conditions is within Ihe controE of ihe CIO and it is piobable that they wll be fulfilled.
Interest on lunds held on deposit is included when receivable and the amount can be measured reliably
by the company,. this is normally uton notifi¢ation of the interest pa¢d or payable by the bank.
Expenditure recognition
Al expenditure is accounted for on an accruals basis and has been cla5srfied under headings that
aggregate all costs related lo the category. Expenditure is recognised where Ihefe is a legal or
constructive obligation to make payments lo third parties. it is probable that the setuemenl will be
required and the amount of the obligalton can be measured reliably.
Charitsble activity expenditure ccmprises grants paydble included on an accruals basis.
Support cosis are those that assist the work of the CIO but do not direcuy represent charitable actsvities
and include administralwe costs. They are incurred direclly in support of expendÉture on the objects of
the CIO.
Govem8llce costs a￿ costs of chariiable aclivilie5 but those which relate to the govemance and
stewardship of the CIO rather than directty lo the activities themselves.
10-

THE JOHN AND MAUREEN BIGGADIKE FOUNDATION
Notes to the Financial Statements (continued)
for the period ended 31 December 2023
1. Aeeounting policies
Investment property
Inveslmenl properties a￿ induded in the bala￿e sheet ai fair value determined annually and are not
depreciated.
Debtors and Creditors receivablelpayable within one year
Debtors and creditors wth no stsled inlerest rale an(J receivable or payable wlhin one year are recorded
at transactiorE price. Any losses arising from impairment are recognised in expenditure.
Taxation
The CIO is an exempt charity wthin the meanirg of schedule 3 of the Charities Act 2011 and is
considered lo pass the lests set oul in Paragraph 1 Schedule 6 Finan￿ Acl 2010 and therefore il meets
the definition ol a charity for UK corporation tsx purposes.
Going concern
The financial statements have been p￿Pared on a going concem basis as Ihe trustees believe that no
material uncertainties exist. The Iruslees have considered the level of funds held and the expected level
of income and expenditure for 12 monlhs from aulhorising these financial siatements. The budgeted
income and expenditure is suffiejent with the level of reserves for the charity to be able lo continue as a
going concern.
Judgements and key sources of estimation uncertainty
The preparatvjn of the financial statements requires managemenl to make judgèments. estimatès and
assumptions thal affect Ihe amounis reported. These esb"mates and judgernenls are continually
reviewe(J and are based on expeftence and other faclors. induding expectalions of future evenls that are
believed lo be reasonable under the Circumstances. Revisions lo accounting eslimales afe recognised
in the period in which the estimale is ￿vISed rf the revision affecis only that period or in the period of the
revision and future periods rf the revision affects both current and future periods.
The useful economic life used lo depreciate tangible fixed assets relales to the expected future
Performan￿ of the assets acquired and management's estimate of the period over which economic
benefit will be derived from the asset.
The residual value of an asset is the esbmaled fair value of that assel al Ihe end of ils useful economic
lrfe and therefore is also dependent upon the estimation ol Ihat life span.
Historically, changes lo the useful economic life and residual values have not had a material impacl on
the depreciation amount charge to the Statement of Financial Acts"vities.
Cut-off is applied al the year end date. An estimation of income or expenditure applicable lo the relevant
period musl be applied when the receipt or payment relales to a differerst period lo the year end.

THE JOHN AND MAUREEN BIGGADIKE FOUNDATION
Notes to the Financial Statements {continued)
for the period ended 31 December 2023
2. Income from donations and grants
Total
Funds
2023
Unrestricted
Funds
Donations
1.937,363
1,937,363
3. Investment Income
Total
Funds
2023
unrestricted
Funds
Rents from investment properties
Interest receivable
10.000
16,148
26,148
10,000
16,148
26,148
4. Charitable activities
Total
Funds
2023
UnrèstrÉct•d
Funds
Grants payable
Moulton chU￿h
Moulton Harrox FC
Moullon Tols & Carers
Moullon Rainbows
Saracens Head Village Hall
Pupil Premium Scheme
Charitable cost5
Moullon Warni Spaces
2.500
1.250
1,000
500
1,776
11,900
2,500
1,250
1,000
500
1,776
11.900
518
518
19.444
19,444
S. Investment management costs
Total
Funds
2023
Unrestricted
Funds
Professional fees- managemenl ￿mMiSsion
960
960
12-

THE JOHN AND MAUREEN BIGGADIKE FOUNDATION
Notes to the Financial Statements (continued)
for the period ended 31 December 2023
6. Management and delNery of charity's purposes
Total
Funds
2023
Unrestrlcted
Funds
Rental property costs
Advertising
L￿al & professional
Indpendenl Auditor's remuneration
409
100
4.500
1,680
6.689
409
100
4,500
1.680
6.689
7. Total expènditure
Total
Funds
2023
Note
Direct
Costs
Support
Costs
Govemance
Costs
Charitable activities
Investment management
Managemenl & delivery
19.444
19,444
960
6,689
27,093
960
409
6,280
6.280
19.444
1,369
8. Staff costs and employee benefits
No staff are employed by the FouThJalion.
No amounts are payable to Ihe trustees in respect of remuneration. benefits in kind or reimbursemenl of
expenses.
9. Invèstment Property
2023
Market Value
Additions
335,000
335.000
Al 31 December 2023
The addition represents a property bequest lo the FOundat￿n as part of the estate of the late John
Biggadike al 6 Broad Lane, Moullon Lincs. dale ol dealh 29 April 2021. The addition is staled al the
probate value for the estate purposes.
The Iruslees believe that the value is not considered to have changed in the pgriod to 31 December
2023 due to its use as a rentsl pryrty.
13-

THE JOHN AND MAUREEN BIGGADIKE FOUNDATION
Notes to the Financial Statements (continued)
for the period ended 31 Oecember 2023
10. Debtors
2023
Sundry deblors
Prepayments
Loans
1.623
526
109,639
111,788
The loan rep￿SentS conlributions made to the Weston Consolidaled Charity to assist w3th the
construction ol new Ams Houses. RepayTnent to the Foundation wll be made trom disposals of
some of the charitys existing assets which can be done followng the completion of the Alms Houses.
Interest is not charged on this loan as in the O￿nI)n of the trustees the objectives of Weston
Consolidaled Charity are consislenl wlh the Foundation's own objectNes and the decision
lo waive interest is therefore ¥) line with the Foundation meeting its own charitable objectives.
11. Creditors: Amounts falling due within one year
2023
Trade creditors
Grants payable
Accruals and deferred irwme
307
1,776
8,180
10,263
The Iwslees have accrued a5 a liability granls payable. where the qualilying condilions have been
mel al the balance sheet dale. and the grant has been approved for payment by the truslees.
12. Stat8m8nt of funds
Movèmènt in r¢sour¢os
Balance at 31
Dec 2023
Incoming
Outgolng Transfers
General funds
General lund
1,963,510
1.963.510
(27,093)
{27.093
1,936,417
1,936,417
Totsl un￿$1￿cted funds
13. Control relatlonship
The ¢h8ritsble incorporated organisalion is conlrolled by the tnJstees joinuy and no individual can or
does exert conlrol over the others.
14-