Charlty roglstratlon numbgr 1202700 (England and Wal•sl TIMEGIVERS CIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 • xeinadin TIMEGIVERS CIO LEGALANDADMINISTrATNE INFORMATION Trnst••• Katherkna DaEghton Pgtriei¥ m￿rE OBE Rlchard Johnston Dekhton Laura Ellgrwr Imogen Lav8ll8 Shika Soni (Appolnted 7 March 2025) (Appolnted 7 Mttrth 2025} Gharlty numbw IEnOland and WalAsl 1202nxJ h1•P￿￿TrI •xamlnor Detxjtah Fletcher-mcvay FCA Xeinadin Trinty House Thurslon Road NorthaU8rton North Yorkshl OL6 2NA BankgrB CAF Bank Lld 25 Kings HillAv0nu8 Klngs HUI Wost MalllTrJ Ként E194JQ 8ollcllO Stone Kjng LLP Boundary House 91 Charterhou8e St Ba￿tCan London EC1M 6HR TIMEGIVERS CIO CONTENTS P499 IndyrKl8nt éxarnln*s r8POrt statement offlnanchl adlvllles NotoB to the ftnand21 statements 7-14 TIMEGIVERS CIO TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 trust￿ th•ir I￿n￿41 report JTrJ fina￿01 atat%*ments fr)r Ihe yeer ended 31 Decomber 2024. The ffnan¢lal statements have be8n prepared in a¢￿￿dance the 8(tounting pdld8S Sot out In not8 1 to th IlnancP41 slalgm9nts and COM￿ wilh th• CI¢Ys con$tilution, th• Chaiith•8 Ad 2011, FRS 102 Yh? Fknandal Reporllng Standard appllcabkn UK and Republi¢ ol Ir￿and. and thfr Charfkn•s SORP "I￿O￿nIN19 and Ropo￿n9 by CharfU88: Statsment of Recommended Practtce applSc8bl8 to Cha￿￿￿& preparlng Ih¢lr aGwunts In alxordanca wim th8 FinBnd81 Remng Sland8rd app￿c&bIe In Ihe UK 8nd Republic ol Ireland IFRS 102}'. objeGtl¥￿ and aGtlvlUos Tho CIO¥ mth obloctivo IB to promots consC￿aUsftes& and volunteerng for the publlc beneft wlth a vl¢w to Increaslng thg parti￿pa￿On ol in¢tivlduth in Yojunlary woth and contribuong to public lif¢ and ts dovdopmont of local CommuiMtr￿. Wothjng auoss the VK thi8 be ai*leved ty: Estabitshkng and bumng r8latknnshlp8 dlr8cUy wlthSn eormnunwos vla the develo￿OnI and organl8allon cl volunt8wlng acUvlUe8: Working as Ihg vghiFlg itj iNing ttwJgthgr yo￿n￿￿[s, thartty pgrln¥rs ¥rKI 3ulh0trti￿, by Klenufylny nge(l$ In the voknntary $oCtor and G¢)mmunlties cwrdinating pro1￿ to 2ddfes8 those rleeds through vdunleering aclivits8S'. . undet8landin9 and educatlon aiyxrt th6 b&n8fft8 ol vcluntsfjriwwj through 11￿[a011¥¢ leamtng aThJ ro118(lknn; En￿Urdq[nq IndMdual8, parucularfy chlldren and young aduls. lo paroclpats In %￿lUntary work through orthnat¢d Yo￿n￿ring p¥ogrnmmo8. Th? t￿51￿￿5 hav? pald du? to ￿sU¥d by th¥ In dochjlng what th CIO should undenake. Our Ml*#lon and Vl$lon: T￿aG￿￿5. wim•ry goal is to fostor a c(mned￿n b8lwagn YOU￿ p8opJo and their communitses through moaNngfvl t￿unteertng 8¥periences. By creatlng irryclful Opportuni￿6$ that benefi1 both ihe thlldr•n and th•lr eomnvJnitt•s, atm io In6plre a ￿le10[￿a ofgivlng and caring lor pwple and Ihe planeL We r6¢ognvze Ihal many y(wng UKlivtdual$ desire ￿ volunteer bul fac6 thaUengo$ In a¢c85Stng sultabl8 opportunities. SchooLs often lado thè resources to 18cilttata such èxperilnces and r#Thmunlly oroAnisalions struoglB ts) wlth youno vrAutthws •hctfv•ly. TlmgGfvers steps In lo brldge ih15 gap. makJThJ communlty 5eNlo¥ an kntegr* part ol prfmary an¢J secondary education. By dolng so. we ensure th8t all children have thg chancg to expen8n(% th8 rew8nls of voknnteering, thweby enrlthlng thotr pwsonal grovrth and c￿trI)U￿n9 poslllvety to Ihetr commun618& TIMEGIVERS CIO TRUSTEES. REPORT (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 rK8 our launth In 2022. ThwGfver8 ho8 Seen rem•rknble grtr•+th. What bagan 09 pht progromrn￿ 8chocA8 has eypanded th￿￿9h￿l 2023 and 2024 to irK4udè 22 xhoc4s and youth hub3, 16 of which from tho state 8erAor. As ofD•c•mbor %)24, ￿fi￿￿rg has •nablod owr 7,500 Chlldr￿ to volunt••r, C￿￿7b￿￿ng n• 13.000 lunteering hourn o¢ro￿ o nelwot* of 89 o)mmunity ¥Y9anka￿n8. In 2024 alone we or9an¢ed 269 sewJt& vc4unt¢etlrvJ èv&rtts. The compassion and sense of social responsibalty f¢JSt8red by fimeGivers has already yleldèj ￿n11C3n1 r•gulis. An iMprnSw￿ 83% 01 our young fimoGwors statod Ihot thgir owri•ncg mado thom wènt to vdunlggr agaln, 84% l•amt about hètplng other p¢opl# or thè planèt and 100% fèlt morn con￿ded lo thdr COfTununlty, Thls domonstrotes the amph(￿n9 ond su3tÈirÈed effect fimèGiver8 hB8 wilhin the Ixrymmurmty. ¥ome dediGat•d s¢¢ondary sthol studtsnts proadivgty and independentty undertaking volunlary initiatives, such as Ws1￿￿9 Iheir local PFknwy K*ool to as￿$1 wlth roadlng $953lons and regularty volunteorfng at ihelr local ￿10 home. whore tk hotp to Or9￿** woekty 4LXlvlll•s for th• eldorfy r•sldgnts. Th* Inlljath also refieas the Impact Nnlunteertng has on young people's m8ntAI welQJelng al￿ ￿1 dgV8lopmanL Our dAIA shows us that 73% of fimèGiver8 raporied booslad s8lf-82188m &rtd 77% h8d improved Ilstènlno tw eommunleAtlons ski￿8. Addillonally. 72% of prlmary school votunt88rs ￿5M1 a nèw gklll. d8mon$trallng th& soclal aThJ WdLKal1t￿￿l Impa¢t that vubJnLwodng ¢xn hav¥ on ChI￿￿n fmm ¥ yourvJ a9?. If glven Ihv QPPQTluwdty and access to gel Involved. TIm&G￿e[s. ¥cAuntÈÈring Are centÈr&d on Ihr80 plllars: thè 8nvlronmènt, sodAI ￿nd￿Th And d$L* (lffj¢Yy boftofitirwJ ll)divtdu* ￿ rof¢r to as fim¢G8¢rter8- th0￿ In Iha communty who •ro homaless aftd hungry. alling ot fa6ing ￿141 i5glalion. pwvjgbts undgwt4kgn in 2024: The EnvlronmenL' TlmgGhrn 8èt up a wsakty •nVIronm￿tal dub at Gaffall Park School for puplL8 thlth S￿d81 Edueatlon81 N•èd8 Dlsablllde5 (SENDI who 5tru9918 Itj find wn¢anlnglul vc4unleer OPPLYiunl¢kn a$ part gl thElr DUE 4wirtl. Ovgl tr¢ coursa rf lh8 Autumn term, the look part In DIY 8cllvllle5 suth as bLltdlng ptanters and btrd boxes Imm 8eratth and transfomied 8 previously underused. neglected ¢xrtdow space into a vmourlul and welcomu F4aygTourKI for ovor 200 follow SEND puplLq kj Ènltsy. Th dub M￿￿barS I￿t ordy bulll the spac8 but ￿111 Ihalr confthnt*, dis&)votsd rtaw skills aftd foffl￿d trustin9 rèhtiorth￿$S wllh the adult vdunla•rs. Soclal Indu810rn IlmoGvMs hostwj ¥ e(ffjmunity 8ftem(￿n At St Vin(*nl'$ H￿s9 Care Home in the hèart of Harnmersmilh as part of Tho Big Help Ou( a UKThwdo wo￿rI1••nrt9 w•ak•nd. St ￿ncont,$ Houso Coro Homo offers porsonali4d nurning, dBrnenlla aThJ end4Jf Ufo caie. FarwEll1￿ arKI y[)u￿9 pwplg as youn9 as 8 years dd and up to 18 yoars. spent Ihelr Saiurday 8ftemoDn wNh thg resldents, LTrftlng 8en50ry boaTd5 ft)r Ihose ￿ff8￿rWj from dementla whkh werp then dc￿#ted to th& f￿. 11 was t￿ siart of an ongoing and very Spe￿ rdthnship with the home which has since S88n 8 varioty of intorg8n•rational visits to St Vinttant's by Itjckl schcols as part of TirnaGivws' progrwnmgs. In lum. Ttrrt8Glv•rs has beon the benefidary of charfty fundr8lslng •v8nts organls•d by th• hom•. Crt￿$ Rellot, Y￿r S Primary Studonts wsitod thgir I￿1 Truyy811 Twst in thè Roy818omugh crf Kansington & Chglsèa-8 wtth gom& of tho hlgh6s1 rates of poverly In the cap(taL They halyd to d¢)nattons. stack tho shdws and pad( bag5 ready for the loud bank to d15trttJuL8 that wfjek. The Ihildren also cralknj W￿lI￿n9 mes8ages and dray1￿￿ to go into the bags, 10 tyr*h￿n up the reclplents. ¢Jay. TIMEGIVERS CIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Plnanclal rnvl Tthn8Glvers ojntlnu88 to b• enc￿raged by lh• c¥JnbnugJ support of many of our f(wnding donors. In par￿CularThe boll Fc￿￿1811￿n. CHK Foltndatlon and Thè Bemard Lèwls famlty tw$l. all who r8nowod th•Sr eomnthorrt to th6 charfty bcth in 2024 and by ¢onfimiin9 fvnd￿9 In fiJtur• years. In additlon. thg CIO 8Y¢¢g8sfvUy appjled for 9rants Irom The Chldhood Trust. The Lorna Bomby F¢)undation and Th• B••vorbrook Foundation 08 well as recofvthg our 88cond yoarof Naiional LottaryAwards forAII l￿dIng. Aq a resdt, tho CIO has had a AtroN4 fin8nclAI year. wth h)cDma Inrjeasino by 240% to £234.33012023.' £69,220) to tha Signbfieant incmso in O¢wlion$ 8nd Grants. Expondituro 8180 saw subs14n￿al growlh to £201.993 (2023.. £28.1671, 08 mmgGlver3 took ￿ morg Staff and freelancers to manage the rapld growth In adl¥Aty. Thls laft a he4ltty Surplus for ihe pfxbd of £32,33712023'. £41.0531. Th& bAIAnc8 8ha8t showA a eA2h balaneA of È143.208 12023., £42,304). unr•slr¢d•d r89OP488 of £63.390 And re$tri¢W r•swvo$ of £10,000 0131 De¢emb¢r 2024. In addition, £80,000 of grant kncome has boen deferred into future year8. It18 Ihe pcllcy of the CIO that unrethcled fund8 which have not been d¢signate(J for a sp¢afi¢ us8 shiyjkl be M￿nI31nÉrf at a lèvèl ￿￿￿#1@￿t to b&l￿en thm and six ￿￿)nIh'S •xp8nditur•. Thg trust￿ COn￿der th8t rnswv8s At thls l•vd 8nsur• IhaL In thè •vant of a 81gnffl￿Trl drop In frjrtdlng, they wlll bg able to conunue the CtO'$ rrgnl aetivib*$ wisidgration is 9ivgn lo ways In vthlth •jditio￿l funds may ￿ ralsed. Thls level of rosarvos has been fflalntalned tlwoUgho￿ the pgrfod. Blrnthr•• 9ov•rn•n¢o and m•nogomont Thg CIO g¥tsbll5hod by a COns￿￿n rgglslergd wlth tho Ch￿ty Comm15slon on 12WII 2023. Th• tr￿￿0$ vtho sw¥•d th• yoar8nd up tr• thg dato ofsiwalur¢ oflhe fthanoal slaternents werq: Ka•h￿nts Deighton PatrirAa 14ty8ts OBE Rthard Johnston Ofvla Dèwton Laure Ellener tmogen Lavdla Sons ttted 7 Marth 2025) Ipgptyntsd 7 2025) Th• trugt••s ar• appolnt4d by th• BO9￿ of Trust••s for a t4mi of thrM y•ars by a r48olulton pagsad at a prop•rty ned meeiing of th8 tyusiees. Ttsfe musi be 8 minimum of Ihree iru8ieag and If¢e maximum number of trust8eS required is In $de￿ing i￿1vIdUal$ for appty"ntsnenl as ¢han'ty tsuste&s, tho ¢hanty tr￿$ have regard lo lh8 gkdl8. kno*4wlco and &xp8rionc8 no8dod for the offodiw adminislT8ltcffl ofth8 CIO. Thè Trust￿ m••t Qn 8 r•9ukr bashi Io 8dmlrri#t•r th• thariV8 bugtrwsk Thw• ar• n¢ docisi¢w d Th8 TnJste8g remwas approved by th• Board ofTruste8s. R(cAaod Rlchzrd Johnst< 16109r2025 TIMEGIVERS CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TIMEGIVERS CIO I rawt to th8 Irust•o8 an my èxaminalion of thg ffinan¢>81 *At•n¢nts of m￿gIVerS CIO (th• CIO) for th• yoar •tMled 31 Decembfrr 2024. R•sponslbUStl•s and ba816 of r•port 3 lh8 trusts85 of the CIO you arg r85ponslblg fortho wepwalEon of tho Ilnand81 statem8nts kn accudan¢&wllh th• r8qulrèments ofthè CharfllèsAd 2011. I reix#t In wct of my ex•NlnalkM of the CIO'S ftnanclal slatemnts c8rrf8d out under 8ecllon 145 of the Chathl8s Ad 2Q11. In carNng oth my examiiatlm I have f•)Uvw¢O the DIre￿Or￿ ¥y¥en by the Charity comrnls*i￿ uThJer 88¢tion 14515llb) ofthe Charibe8Ad 2011. Ind•pènd•nt ￿mInor8 8tatsm8nl Your attenlon Is drawn to the fact that thè charlty preparad the flnanclol gtatsmonts In a¢¢ordanGo wlth the rO￿¥￿t ￿nIon of th• Stot¢m$nt of R¢Gomm¢ndefJ Pf•th appliG•bl• to Gharibes preparing Iheir financAal statom•nts in a¢¢ordan¢o wilh lh• Finan¢ial Reportiro Stsndard appltcable in the UK and Republic of Irelènd (FRS 1021 in prèf8rgncè b thg Accounling R8porbng by Chariti&s: St*gm8th of RecommgndBd Practsce i5suod on 1 Apra 2006 whlch [8 refeffed lo In thè oxtant regthakns but has now been vthdrawn. l undorstand that thls has bg¢n done tn Ofdar for th6 flnBndal 8tatem8nla to Provid¢ a true f8lr vbw •¢¢ordan¢& with UK Gener epte11A￿unVn9 Pra¢llGg. I havtr (tsnpl8ted vny examin41p￿. I wnfiwm Ih41 r¥) malt¥ws h8vw tg ffly in wtih thp oxamknalh)Th glvlng me ￿U58 to I￿reve thal In any matertal rgycL 8¢counkng recoTdswore not kept In respect Of￿ CIO as r8qulTrd by S￿on 130 ofts ChartI￿Art X111. the finanaal *aignwnls *Yo not accord with Ihoso reco￿. or thg financlal slalefflgnts (lo not comply wllh Ihe a￿￿¢abl? roqulremgnt8 conc4rrAng the and CfAtsnl ol flnand81 statom&nls sat out In the Clwrfttas IAc¢ounts and R8POrts) R8gulallon8 2008 other ihan any quIrem￿l that th• finan&al at•tement• 9w • Inm ar￿ lalr vlew, whi¢h Is not • mattor ¢oniid•r•d •$ wl of an Independent examlnalion. I hw no concoms •nd hw• eomo 8uos8 no ofvr mall0￿ In c4Mn•ctwJn t•Jlth •Xamin•1h￿ t¢ vthi¢h #ltenli Should tyg drnvm In th18 report in ordwto enablè a proper undgrstrndln9 olthe flnandal stalgmgnts ￿ bg rea(*ed. Deborah Flotch•r41 Xetnadln nlty House Northall8rton York6hlre DL6 2NA 1811 I￿￿ TIMEGIVERS CIO STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unraatrlciad Rathct•d fundB funds 2024 2024 Total Unr•strf¢t•d Rèstrleted funds funds 2023 2024 Ineom• from: DOnaU0r￿ and teg8raes Charitable acbvitigs Othertradlng aGIMtles InvesThen 158.300 14.695 3.190 221 57,9Z4 216.224 14.695 3,190 221 63.986 5,217 17 5217 17 Total InGom• 176.406 57.924 234,330 tr2,720 o,soo 69220 Exp•ndltur• on: R￿sing fvnd5 Ch￿lIab[e acttviUe8 14,430 13S.475 16,632 35,456 31,QB2 170,931 148 25,683 148 28.019 2.336 Total ¢xpendlture 149,905 52,088 201,993 25,831 2,336 28,167 Net Inc(vne and movoThnt In nds 26.501 5.83fj 32.337 36.889 4,164 41.053 Recondllatton offundts: Furrfl bdances at 1 Janu8ry 2024 36.889 4.164 41.053 Fund balanee8 at 31 O•c•mbgr 2024 63,390 10.000 73,390 38,889 4.164 41.053 Thfr statoment of fin8n¢ial 8¢tivitios in¢lud&s ￿1 98in$ and Its$￿ rg¢09nis¢d Dl tho yw. All in¢tsmè •nd expondiluro dor1￿ fTom ¢onlinuirvJ aclivitses. TIMEGIVERS CIO BALANCE SHEET ASAT31 DECEMBER 2024 Tangw a$$8ts 12 521 Debtors Cash at bank *rKI In hand 13 26,958 143 6.377 304 170.166 48,681 ¢r•dlloY•: •tt¢wnts falllng dy• wahln ong ygar 14 (97,2971 (7,628) 41.053 Total as80ts less cwr•nt Ilablllths 71390 41.053 Th• lund• gfthv CIO R05tr1oted Incomo lund5 Unwtsid•d fvnds 15 io,ooo 63,390 4.164 38.889 73.390 41.OS3 The flnandd Stat&￿nIs￿￿ approvocl by th• tru8ts8s on ......................... Jknt• Johnston Tru$t¢• TIMEGIVERS CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EbVDED 31 DECEMBER 2024 TtmegNers CIO a tharitable irmrporat&J organIsaUc￿ a6tsbllshoU by a ¢LM)stitution re9lstwod wlth thg Chartty C¢mmtsslon. Thg weglstered offlce L8 1 ft￿91¢ Crescenl London W12 9RP. 1.1 A¢¢ountlng Th8 ffinancAal statèments havo bs¢n pre￿Ied #i aLYord8nce vlth lh8 CIO'8 constibjtion, the Charitias kt 2011. FRS 102 Finan￿al ReporbrtsJ Slanderd applicablg in the UK and RepuLlic of Ireland. fFRS 10T) and Ihp CharfYeB SORP 'Accounlng and R$pththg ty CharlU•$: Statement of Rgcommgnded Practtce appucabje to charfues wepartng thelr accounts In aC￿rd￿n￿ V*llh the Flnandd Repordng Standard applrabje in the UK and R¢putth of Irela￿1 (FRS 102). leWeGlive 1 January 20191. The CIO is a Putth Benefit Entsty as d&finèd by FRS 102. Tho CIO haB t&kon a¢fvanlap of Ihg pfovkknns In thè SORP for charities not to wepare a Stalement of Ca The financial slatements have departed from tho charl￿8$ (Aceounts and RaF￿8) Ro9ul•lion8 2008 ¢Jnty to th8 extent rnquired to provtd• a arm1 fair vigw. TIMS d8P8Flurg ha¥ invol￿d following iho Stst•ment of RecommeThJed PraL11ce for tharlde5 4ppIWng FRS 102 rather than Iho verslon ol Ihg siaiement of RoLxJmmervJed Pr8cIILY which ly rthred to In th& R8gulBtlons bul wfilth Shca be8n Mthdrnvm. Tho finwdal statements are wepared In sl•rlift9. whth Is tM fundThal omncy of Iho CIO. IAonelary amounts In th&se finanoal statements are to thfr noarnsl £. The flnandal statements have been wepwed undor the hIstortC￿ i>)sl convenllon. Thg ￿nCaPa1 accounin9 ici85 adoptod arg set OLrt below. 12 Gglng GgnG•rn At the lim8 of approving the finanryal slatements. the twste8s havo a reas￿able exp8(*atkJn that the CIO h88 8daqu8t8 r8soLue8s Io ct)ntlnua In opBraIlon￿ èx1$tÈr￿ for tha for￿&2b1? fijlure. Thu$ th@ tr￿st￿O$ conllnuo to adoptthe golng (ts)C6m ba61s of aw)untbng In prewlng th6 llnaThSal staten*n 1J Charltablo fund8 Unrestri¢W fuThJs ar* for * the db￿1￿ ol fv trust¢85 In furthetan(t of tsir d￿rI￿l￿o JIgGIivg5. Reatrh*d fvnd8 ore wbject to a>ndMons by donors cr gronlor8 a8 to hcm they may ￿ usèd. The purpo￿ and u8e$ of Ihe restri¢t8d fvThJ$ a￿ sel out in the ￿te$ to the finanrial $taleM￿ts. Income is recyjgnlsed wthen the GIO 15 legally entiiled lo f( atter any pgrfomwnce ￿￿dIllonS have t•on mrt th8 amunts can be m8asur8d rol{￿y. and tt 1$ pro￿blO that Incomo wlll bo racolvad. Cash t1onations a￿ recognised on fe¢eipt. Other donation$ aro rKggnl8ed onrA th¢ CIO has been nofjfied of tha donation. unless perforrnanca coThdllb)ns r8quiro d8feNal of th• 8mounL Incom8 tax r8rANarab￿ in relation to dona￿Orts r8cth8d undorGfftAld or doeds of cov8nant Lq roccqntsod al Iho Ymo oflh8 th)nallon. Grant In¢¥Jme18 reo)gnlsed Wh￿ recelvable except whgn pgrfomiance condEtton8 have not yet been met. Income vth•re pOrfm￿Ce eA)amons Iwe not b88n m8L Bank Interest and olher IrKJ)me b r￿gnISed TeL￿vabl*. TIMEGIVERS CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2024 Aeeountlng polklè• IContlnu•d) 1ts Éxp•ndllur• Exp8ndlbJro Is recognised on an accruals basls as a Ilabllity Is Incurred. Expendltur• Indud8s any VAT wtrdch cannot be recovered, and Is reported as part of th¢ expendilure to it relates. Charftablg expgnditurg comprf8eB Ihose C￿16 tncurrgd by thg CIO In Ihg of ilB acfvilies gnd 6ervK•s for Its ￿n0￿ClarIeS. tt indudeg both costs that can ba amocated dlredy to 8uch actlvlilès and tho¥e eo* of an Indwect natwe n8ce88ary to supp(Kt them. 1.6 Tanglbl• fix•d •ss•ts Tanglbte fixed 8s88ts ore Inmally measured at rxJ8t and subwquenty mea¥ur•d at c*)st or vahjalpjn, net of dapredatlon and any ImpalThn8nl10sS8S. Depr•d8Uon Is rncognt8ed 80 as w wrne off me ¢OSt orvaluBtlon of a88ets Iw tr*ir fe8thal Over Ilw'r U8efvl IIv88 on Ihe fell￿ing bas&8'. c(￿￿Puter￿lub￿enI 20% slr*ht Ilne The galn or loss arfslng on the thsposal of an asset ts deleThnlned as the dh7￿¢8 betrmeen the $alè proco•ds and the carrylng vetue of the and Ls reco9nlsed Sn the ststement of financlal a¢U¥l¢ks. 1.7 Impalrm•nt olflxed as￿1$ Al eath repO￿.r￿j en(1 dalo, the CIO re￿¢w5 the carr￿fig amounts of ils ta￿JIt￿O assels to (18termlng whgther thw8 Is any IndlcalSon that thos8 ass8ts hava guff8r8d an Impalmiant loss. If any such IndleAllon èxlsts, thè recovorabje amount of thè assgt Is 0$￿Mated In ordar to dOt8fftir￿ the &xt8nt of thè impaimient loss (if any). 1A Cash abKI ¢a$h ¢qulvalonts Cash aftd eagh 4ulvaJèntg Induda Cash In hand, dépjslts hald At call wlth b￿k*. olhw $hrrft4•rn Ilwld InveBtThwnl8 ￿￿th orl9inal ￿t￿n￿&S of Ihro9 Th￿nIh8 or1oES, and bank ovgr(traft8. Bank ovwdraft6 ehown wthin boirowws in ujrrenr Ivabilits"8S. Income fwom donatlonfj and legaGlefj Unro$trlct•d R￿trICt•d fund• fund• 2024 2024 T￿1 Unrostrlclgd Restrl¢ted fund• fund• 2013 2023 0￿8{10n$ and gffts 45.31]0 113.000 3.QQO S4,924 48.300 167.924 22.486 41.5)0 35.1 158.300 57.924 216.224 57.486 63.986 TIMEGIVERS CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Income from ¢lonallons and lèoaeleA (Con1kn￿d) Total Unr•strlctsd R•$triclod fund8 fvndA 2023 2023 (und8 2024 funds 2024 2023 Grnnts Sob8ll Foundalon CHK Foundation Th9 Bomard Lgwis Famlly CharftatJl8 Twsl The Bèa¥8rbrook Foundation Flndkqy Ch8rrtable Fund Th& Fldolty Chgritab The Nauonal Lolt Cofflmunity Fund 20.000 20.000 20.000 20,000 20.000 s.000 20.000 6,000 10.IJOQ 10.000 10.000 10. 50,000 15.000 30.000 80.or￿1 15,fMJO 14.924 14,924 8.0 6.5 113.0(10 54.¥24 167.924 35.000 41.500 In¢omo from ¢harflabb a¢llvllla8 unrnjtr1Gt￿ unr￿trIG¢Qd nds fvnds 2023 LknMtrlct•d fund• Sdth pr(¥3ramm• ino)r 14.695 Incom&from othertradlng aGtlvltle• Urrnitrlct•d Unmtrlct•d fund• 2024 2023 Fundra￿Ing evgr 3.190 5.217 TIMEGIVERS CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Income from Invfrstments Unrestrlcled Unv•sirlthd fund8 funds 2023 Inlw#st re(¥3Nobl8 221 17 Exp¢nthlur* 9n Tal•lng lund¥ Unraatrldad Reltrlcted fund8 nds 2024 Total Unr•strl¢t•d R•strl¢l•d funds fund8 2023 2023 2024 Fundralslng and publl¢lty FutsJrai$irtg •g¢nts Adv&tr(ng Glve a8 you Thve fe 10,880 3.395 15S 15.000 25,880 5.027 155 14,430 16.632 31.062 Exwdltur• on charllAbl• acthillla8 Charltable Charllabl• 8CtlvltS95 gctlvltl88 2024 Dlrnet C￿1* 24,278 37 83,555 13,034 Dawad8tion and impaiment 5.121 Subscriptions compulgrcosls TTrlnlThJ 1,414 12S.378 6213 Shar• of 8uppcrft and oov•rnane• cost8 (80• not• 8) Support 45.653 21.806 170.931 28.019 Analys1$ by fund unrthict￿ fvnds Resmthd fun(ts 135,475 35,456 Z5.883 170,931 28.019 -10- TIPdlEGIVERS CIO NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Expondltwo On chavltablo actlvftE•8 (Conthiuedl Suppwl cg8ts alh￿tod l• a¢tlYld 2023 In5uran¢g Aceountsn¢y Lg9oE and profe¥sion81 fees Sundry Fr8alanc•lconwNancy fo88 540 2.129 5,102 307 13,728 6,555 20,502 16,600 45.553 21.808 Analys•d bgtw80n: (Jwritabl• acllvMe8 45.553 21,806 tountanGy fees tndude £4,76012023: £1.800) payable to the independent ¢xamirw fty Ihe wepar8Uon and IndepeThlenl ex8mSnation ol the aTJxJunis. and £1,795 (2023: £3291 payaLIE fgi othgr N¢Jne ol the trustees {or Any ￿T51)n$ eonnected wllh Iheml received Any rèmunoratton or b9fi￿ts from CIO durfn9 Iho yoar. 10 Émploy••9 Tho avernge monthty nLvnber ofemploy88s during the yoarwa5: 2024 Numlxr 2023 Number Employment co* 2024 Wage8 and Sa￿leS 24.278 ThgTO W8rg ro) artnu81 remuneratkn was Thw)re than £60,000. 11 Taxatlon d￿rity 1$ axompl from on its •¢11￿￿8& b8¢auge •tl il¥ in¢om¢ i¥ applied for tharttabl• PU￿ 11 TIMEGIVERS CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 12 Tafiglbl• flx4d a•uts Additlons 31 Decafflber%)24 08prèclattcm and Impalmiant OeprodaUon charged In Ihe year At 31 December2024 Cwrylng amount Al 31 December ￿21 521 2023 Amounts tslllng du? wllhln on• y••r: PrepoyThents ond accrued tncom• 26.958 6.377 14 Cr•dltorn: arnount• falllng wlthln on• yè 2024 2023 Otherlaxakn and sodel Se￿￿lY Trade creditors ACen￿lS and deferred tnu 1,077 4.176 92.044 97.297 7.628 Inrluded in defeyred incom8 * £80,CIOO {2OZJ: £nll) of grant in¢m r•xived ui relatK)n to futyrg pwiod& 12. TIMEGIVERS CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 15 Roslrf¢tfjd fvnds reSI￿￿ed lunds of the charfty ￿M$*I9￿ u1wend￿ balan￿ of dona¢ws owvj hgkl Iwust subject to sp*fic rymditions ty donots as to h￿theY may be uwj. At 1 Januory In¢wning Ro$our¢•8 At31 2024 reaourco8 expended Oecembor 2024 ThgANe Chlld Tntst Londseo Futur98 Community Gr4nts Th8 8*ovethook Foundation National Lottory Comrnunity Fund Tho F￿d1•Y Chaiitabltr TnJst Ft8bdlng DoTh4Oon 2,164 ify)o (2.184) (2,QJO) 10,000 14,Y24 ao,000 3,000 1Q.lJOO 114,924) 130,000) (3,000) 4,164 57,924 162,088) 10,C Provlou$ yo•r. Al 1 January 2023 Incomlng R•gourrn• re80UM$ gxppndgd J1 IIKgmbor 2023 Abl# Chikl Trust Landsec Fulures Commumty Grants apgrs, Charit•blg Fund 2,500 2,1)00 2.000 {W6) 2.164 (2,W) 6.500 (2.336) 4.164 £2.SOOwas rec4fved from Tr Able Chld Trustlor the puwise olwork wlth thldren vhth dl8abllld8s. ThIB fund W88 (ully expended In the year £2,000 wos ro¢¢lvod from Landsec Futures Comtminlty Gran¢s for thtr puvpo8e of 8ervlng GommunlUe8 kn ar￿ Fulh¥wn. Thh fund Mly expEnd¥d in Ih? y￿. £2.fyJO was r￿1ved from th8 Drnper8' Ch8rltabla Fund. lor thg state Sd￿¢1 volunt88rtng program aJ