REGISTERED COMPANY NVMBER: CEO32190 (England and Wales) REGISTERED CHARITY NUMBER: 1202968 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER2024 FOR DAVID YARROW FOUNDATION Oury Clark Chartered Accountants Hers¢hel House 58 Herschel Street Slougli Berkshire SLI IPG
DAVID YARROW FOUNDATION CONTENTS OF THE FINANCIAL STATEMENTS for th¢ Year Ended 31 December 2024 Page Referenee and Administrative Details Report of the Trustees Independent Examiner's Report Statement of Financial Activitie5 Balanee Shtet Cash Flow Statement Notes to the Cash Flow Statement Notes to the Financial Statements 12 to 17
DAVID YARROW FOUNDATION REFERENCE AND ADMINISTRATIVE DETAILS for the Year Ended 31 December 2024 TRUSTEES D E Yarrow J YgTrow C M Yarrow Ms J Yarrow JEOury REGISTERED OFFICE Flat 4, 121 Sloane Street London SWIX9BW REC.18TERED COMPANY NUMBER CE032190 (England and Wales) REGISTERED CHARITY NUMBER 1202968 INDEPEP4DENT EXAMINER Ourv Clark Chartered Accountants Herschel House 58 Herschel Street Slough Berkshire SLI IPG Page I
DAVID YARROW FOUNDATION (REGISTERED NUMBER: CE032190) REPORT OF THE TRUSTEES for the Year Ended 31 December 2024 The trustees M,ho are also directors of the charity for the purposes of the Companies Act 2006, present their report with the linancial gtatements of the charity for the year ei)ded 31 December 2024. The trustees have adopted the provisiot)s of Accounting and Rcportiiig by Charities.. Statcnicnt of Recommciided Practice applicable to charities prcparing their accounts in accordance '1th the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). The Chariry is named the David Yarrow Family Foundatilin and is registered as a CIO in England and Wales with registered number 1202968. The foundaiion was registered on 5 May 2023. The current trustees and those that served durit]g the period are Jat]e Yarrow, David Yarrow, Jade Yarrow. Canieron Yarrow and Janies Oury. The principal ofifice of the charity is 121 {First Floor), Sloane Street, Slogne Square, London, SWI X 9B W. 0ECTIVEs AND ACTIVITIES Objectives and aims Tl)e David Yarrow Family Foundation exists to Serve the public benefit throuJiT a broad range of charitable PUTP05es. Our mission is to promote education, social inclusion, healthcare, and conservation, with a focus on creating ineaningful opportunities and support for wlnerable groups both in the United Kingdom and internationally. In particular the Foundation seeks to.. Promote education in the arts of people studyii)g at university or higher education ii) the UK and the rest of the orld in such way5 as the charity trnstees think fit. Award to such persons scholarships, maintenance allowances or granis tenable at anv university. college Lir institution of higher or further education. Provide educatioii (specifically Sd}, of the arts), to undertake travel in furtherance of that education or to prepare for entry to any occupation, trade or profession on leaving any educational establishment. Assisi in the treath)ent and care of young persons suffering from cancer, relaied condilions ol'any description or those iii need of rehabilitation as a result of such illnes5, by the provi5ioii of grants and financial a5S15taiice to cover the cost oftreatments where they. are facing barriers in accessing them. Assisi in the treatment and care of persons suffering from menial health conditions in the United Kingdom by Ihe provision of wnts to propel medical advaiiceinents to cure and mitlgTate such conditioiis. Promote social inc1115ion for people living in the United Kingdoni who are homeless or socially excluded due to financial means by providing Ihem with opportunities to develop hobbies and panicipate in clubs and societies in tl)eir local cominunities. Advaiice, for the public beiiefit, such charitable purposes (ac¢ording to the law of Eiigland and Wales) as the charity trusiees see fil from lime to time. The tn]Stees have had regard to the Charity CommissioneT'S guidance on public benefit namely Public Benefit.. An Overview. Public Benefit.. the public benefit requirement (PB I), Public Benefit.. running a charity (PB?) and Public Benefit= reporting (PB3). Page 2
DAVID YARROW FOUNDATION (REGISTERED NUMBER: CE032190) REPORT OF THE TRUSTEES for the Year Ended 31 December 2024 0EcTIVEs AND ACTIVITIES Achievements and Performance The model that supporrs the foundation's fund raising efforts is such that fine art pieces by David Yarrow are donated to registered charitable conceTns who in tutn auctioii tl)ese at live auctions held globally. The gyoss proceeds of any donation for a doiiated art piece are split between the cliarity, sixty-six percei)t and the fouiidation, thirty-three perceiit. The charity is responsible for all costs related to the event ai which the fine artwork is sold. The following organisations also bellefited from this broader ndraisIng activity= SOCIAL BITE ISCOTLANDI Supporting people experiencing hoinelessness and poverty. THE PRINCE AND PRINCESS OF WALES CHARITY Focused on women's health, education, and wellbeing. RED CROSS Providing humanitarian aid at)d en)ergency assistance worldwide. THE KING'S TRUST l)elping young people achieve their potential LADY GARDEN CHARITY Supporting women's health initiaiives STARLIGHT CHARITY Improving the lives of seriously ill children. FUTURE DREAMS BREAST CANCER RESEARCH CHARITY Funding breasi cancer research and awareness. CAUDWELL CHILDREN CHARITY Supporting children in need. BIGHORN COUNTRY CLUB FOUNDATION IUSI Charitable projects in local communities. AMERICAN HEART ASSOCIATION CHARITY Cardiovascular research and health promotion. NATIONAL THEATRE FOUNDATION Promoiing performing arts and access to theatre. GARY AND VIVIENNE PLAYER FOUNDATION Supponing youth education and sports programmes. RITA HAYWORTH CHARITY FOR ALZHEIMERS Alzheimer's research and support programmes. TEENAGE CANCER TRUST CHARITY Supponing teenagers and young adults with ¢an¢er. ORMLEY FUND]L4ISER CHARITY Community support and local initiatives ASPINALL FOUNDATION Wildlife conservation and animal welfaTe. DREAMFLIGHT CHARITY Page 3
DAVID YARROW FOUNDATION (REGISTERED NUMBER: CE032190) REPORT OF THE TRUSTEES for the Year Ended 31 December 2024 0EcTIVEs AND ACTIVITIES Providing experieiice5 for children with serious illnesses. SHINtNG STARTS CHARITY Supporting cl)ildren witl) life-liiniting conditions. FOOTPRINT OF LIFE CHARITY Environmental and eduLatioiial projects. THE PERFECT WORLD FOUNDATION Wildlife protection and conservation. ROBERT REDFORD RHINO SANCTUARY CHARITY Protecting endangered rhinos. BIG SKY BRAVERY CHARITY (MONTANA) Supporting local veterans. DENVER CHILDRENS CHARITY Providing support ro children in need. DEBRA CHARITY Supporting individuals and families affected by epidemiolysis bullosa. ARIZONA HUMAN SOCIETY CHARITY Animal welfare and protection. INTERNATIONAL JUSTICE MISSION CHARITY Combating human trafficking and injustice. MIX CHARITY Supporting LGB TQ+ youth and communities. WELLBEINGS CHARITY Promoting mental health and wellbeing. ALL CHILD CHARITY Supponing disadvantaged ¢hildren. MY NAME 5 DODDIE FOUNDATION Raises fLmds for MND research. VISIONS IRELAND CHARITY Ireland national sight loss charity. ISM MONACO CHARITY Supportitjg education and cotnmunity projects. IAN POULTER DREAM FLIGHT CHARITY Helping children with Serious illnesse5. GREAT ORMOND STREET HOSPITAL CHARITY SupportingF children's healthcare and research. TUSK CHARITY Wildlife Lonserv(Itioii in Africa. EMERALD AND IVY CHARITY Page 4
DAVID YARROW FOUNDATION (REGISTERED NUMBER: CE032190) REPORT OF THE TRUSTEES for the Year Ended 31 December 2024 0EcTIVEs AND ACTIVITIES Raises fiinds for breast cancer research. WELL CHILD CHARITY linpioving health outcomes for sick children. FINANCIAL REVIEW Fundraising Overview The trusiees are pleased to report thai the Foundation has had a strong year L)f fundraising and charitable impact. demonstrating clear progress tom'ards it5 objective5. Fundraising Overview 111 2024: the Fouiidation raised a total of £971,927 primarily through two channels.. Auction Model {330/0 share of the hammer price): £504,377 Munich Inaugural Event.. Table sales.. £241.550 Live auction (I OOO/o donated to Street Soccer Scotland).. £226,000 This model continues to prove highly effective, enabling the Foundation to generaie significant income while supporting wide range of cl)aritable causes. Charitable Donatlolls and Impaet The trustees are proud to Lunfirtn thitt £444,830 was distributed to Ll)aritable organi5ations includiiig Street Soccer S¢otlgnd, Tusk, and The Way of the Rain. These donations directly support the Foundation's core objectives in education, healthcare. CL)nservation, and social inclusion. The trustees believe these outcomes reflect meaningful progress iii deliveriiig public benefit both in the UK and intetiiationally. Finaneial Performanee Summary Durin¥ the year, the Foundation &Tenerated total income of £971,927 aiid incurred total expenditure of £946.745, resulting in a net income of £25,189 Charitable donations amounted to £444,¥30, supporting a range of organisations aligned with the Foundation's objectives. At the year end. the Foundation held a cash balance of £264,260, reflecting a strong financial position and providing a solid base for future charitable activity. These figures are consistent with the Statement of Financial Aciivities and Balance Sheet presenied on pages 8-10. Reserv¢5 and Fin8n¢ial Position At the l'ear end, the Foundation held unrestrictive reserves of £342,209, providing a stable financial base for future activitie5. Tl)e tru5tee5 are coiifidtnt that the Foundation is well p05ltioned to continue delivering oil its ]ssion aiid expanding its reach in the coming year. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Tl)e charity 15 Controlled bv its gFoverning document, a deed of trust, and constitutes a limited cotnpany, limited by guarantee, as defined by the Conipanies Act 2006. The foundation is govemed as a Charitable Incorporated Organisation (CIO) utilizing the Charity Commission's Model Constitution {Foundation Model). Reeruitment and appointment of new trustees With regard to trnstee appointments a newl) appointed trnstee shall be appointed for three years by a resolution of the trustees at a properly convened meeting of trustees. In seleciing new trustees the existing trustees must have regard to the ski115. knowled¥e aiid experienLe of the trustee needed for the effective adniini5tratioii of the Charitable Incorporated Organisaiion. Recruitment of a prts5pective trustee would take the fomi of an objective hiring proces5 facilitated by ali oiiline job posting and the advice of a specialized charitable sector recrlliter. 16109125 Approved by order of tl)e board of tnjstees on ............................................. and signed on its behalf by.. Page 5
DAVID YARROW FOUNDATION (REGISTERED NUMBER: CE032190) REPORT OF THE TRUSTEES for the Year Ended 31 December 2024 Ms J Yarrow- Trustee Page 6
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DAVID YARROW FOUNDATION Independent examiner's report to the trustees of David Yarrow Foundation ('the Companv,) I report to tlie charity trL15tee5 on my exaniinatioii of the account5 of the Coinpany for the year ended 31 December 2024. Responsibilities and basis of report As the cliarits s trustees of the Conipaiiy (ai)d also its directors for the purposes of COTnpany law) you are responsible for the preparation of the ac¢ounts in accordance with the requirements of Ih¢ Companies Act 2006 (the 2006 ACV). Having satlsfied myself that the accounts of the Company are not required to be audited under Part 16 of tl)e 2006 Act and are eligible for independent eyamination: I report in respect of my examination of your charity s accounts as CgTried out under Section 145 of the Charities Act 2011 ('the 201 l ACV). In carying out my examination I have followed the Directioiis given by the Charity Coininis5ion under Section 14515) Ib) of the 2011 Act. Independent examiner's sthtement Since your cliaritv's ¥ros5 income exceeded £250.000 your exaininer must be a niember of a listed body. I can confiTm that l am qualified to undertake the examination because l am a member of Ihe Instituie of Chartered Accounianis in England and Wales, which is one of ihe listed bodies. I have completed my examination. I confirn) that no matters have come to MJ. attention in connection with the examination giving me cause believe.. accounting records wer¢ not kept in respect of th¢ Compaiiy as required by Section 386 of the 2006 Act; or Ihe accounts do not accord with those records; or the a¢ctsunts do not comply witl) the accouiitii)g requirements of Section 396 of the 2006 Act otl)er than any requirement that tl)e accounts LFive a true and fair view which is not a Tnatter considered as part of an independent examination; or Ihe accounis have not been prepared in accordance with ihe methods and principles of the Statement of Recomniended Practice for accountii)g and reporting by charities (applicable to charitie5 preparintw their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have 110 concern5 aiid Iiave come across no other inatter5 in connection with the examinatioii to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. P-* Hayden Sym Oury Clark Chartered Accountants Herschel House 58 Herschel Sireet Slough Berkshire SLI IPG 16/09/25 Date-. Page 7
DAVID YARROW FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2024 Period 5.5.23 to 31.12.23 Total fui)ds Year Ended 31.12.24 Unrestricted lund Notes INCOME AP4D ENDOWMENTS FROM Donatioiis and legacies 917.877 351,322 Other trading activities Other income 54,050 Total 971,927 351,i27 EXPENDITURE ON Raising funds 494.813 11,454 Charitable aetivities Charitable activities 445,250 22,138 Other 6,682 708 Total 946,745 34,iOO NET INCOME 25.182 317.027 RECONCILIATION OF FUNDS Total fund5 brought forward 317.027 TOTAL FUNDS CARRIED FORWARD 342,209 317,027 The notes fortn part of these financial ststemeiits Page 8
DAVID YARROW FOUNDATION (REGISTERED NUMBER: CE032190) BALANCE SHEET 31 December 2024 31.12.24 Unrestricted lund 31.12.23 Total fui)ds Notes FIXED ASSETS Tangible assets 10 705 1,124 CURRENT ASSETS Debtors Cash at bank 131,403 264,260 56,204 267,588 395.663 323.792 CREDITORS Amounts falling due within one year 12 (54,159) {7,889) NET CURRENT ASSETS 341,504 315,903 TOT AL ASSETS LESS CURRENT LIABILITIES 342.209 317,027 NET ASSETS 342,209 317.027 FUNDS Unrestricted funds 13 342,209 317,027 TOTAL FUNDS 342,?09 317,027 The cl)aritable compai)y is entitled to exen)ption fron) audit ut)der Section 477 of tl)e Companies Act 2006 for the year ei)ded 31 December 2024. The members have not required the company to obtain an audit of its financial statenients for the year ended 31 December 2024 in accordance with Section 476 of the Cornpanies Act 2006. The trustees acknow,ledge their responsibilities for e115urin¥ that the charitable company keep5 accountin¥ records that cotnply with Sectioiis 386 and 387 of the Companies A¢1 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of it5 surplu5 or deficit for each finaiicial year in accordance with the requirement5 of Sections 394 and 395 and which othenvise comply with the requirements of the Coinpanies Act 2006 relating to financial statsmenis. so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable ¢ompanie5 subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on -16105125 and were signed on ils behalf by.. J Yarrow- Trustee The notes fortn part of these financial ststemeiits Page 9
DAVID YARROW FOUNDATION CASH FLOW STATEMENT for the Year Ended 31 December 2024 Period 5.5.23 to 31.12.23 Year Ended 31.12.24 Notes Cash flows from operating activities Cash generated from operations (3.328) 268.844 Net cash (used in)Iprovided by operating activities {3,328} 268,844 Cash flows from investing activities Purchase of tangible fixed assets {1,256} Net cash provided by/{used inl investing activities {1,256) Change in cash and eash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period (3,328) 267,588 267,588 Cash and cash equivalents at the end of the reporting period 264.260 267.588 The notes fomi part of these fii)ancial statements Page 10
DAVID YARROW FOUNDATION NOTES TO THE CASH FLOW STATEMENT for the Year Ended 31 December 2024 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIF.S Period 5.5.23 to 31.12.23 Year Ended 31.12.24 Net income for the reporting period (as per the Statement of Financial ActiTritie5) AdjuslnJ¢nts for: Depreciation charges Increase in debtor5 Increase in creditOTS 25.182 317,027 419 {75,199} 46,270 132 156.204} 7,889 Net cash (used in}Iprovided by operations {3,328) 268,844 ANALYSIS OF CHANGES IN NET FUNDS At 1.1.24 Cash flow At31.12.24 Net cash Cash at bank 267.588 {3:328} 264.260 267,588 (i,328} 264,260 Total 267,588 (3,3281 264,260 The t)otes fomi part of these fii)ancial statements Pagell
DAVID YARROW FOUNDATION NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 December 2024 ACCOUNTING POLICIES Basis of preparing th¢ financial stat¢rnents The financial siatements of the charitable company, which is a public benefii entity under FRS 102, have been prepared in accordance witl) the Charities SORP IFRS 102) 'Accounting and Reportints by Cl)arities.' Statement of Recomniended Practice applicable to charities preparing their accoiints in accordai)ce ivith the Finaiicial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),: Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Cojnpanies Act 2006. The financial Statements have beeli prepared under the historical cost convention. The account5 are prepared in 5terlin¥, which is the functional currencv of the charity. Monetary amounts in these financial statements are rounded to the nearest £1. Going concern At the time of approving the accounts, the tTUStees have a reasonable expectation that the charity has adequate resouices to contii)ue in operational existence for the foreseeable future: beii)g a period of at least 12 months ai)d I day from the signing date. Thus the trustees continue to adopt the goinu concem basis of accounting in preparing the accounts. Ineorne All income is recognised in rhe Statemeni of Financial Activities once the charity, has entitlement to the funds. it is probable that the income will be received and ihe an)ouni cai) be measured reliably. Cash donations are recognised on receipt. Other donations are re¢ognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Expenditure Expei)diture is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in scttlcment, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are tnade up of the total direct costs and shared costs: including support costs involved in undertaking each activity. Direct costs attribuiable 10 a single activity are allocated directly to thai activity. Share cos(s which contribuie to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis con5lStent with the use of resources. Cash at bank and in hand Cash at bank and in hand includes cash and short term highly liquid investments with a short maiurity of three months or less from the date of acquisition or opening of ihe deposit or similar account. Financial instruments Basic finai)cial instiuments, as eovered by Section I l of FRS 102, are measured at amortised cost. The charity does not have any Other Financial Instruments, as covered by Section 12 of FRS 102. Tangible fixed a55ets Tangible fixed assets are initially recognised at cost, net of depreciation and any impairment losses. The gain or loss on ihe disposal of an asset is detemjined as the difference beiw'een sales proceeds and the carrying value Lif the asseL and is recognised in the Statenient of Fiiiancial Activities. Depreciation is provided at the flillowing annual rates in order 10 write off each asset over its estimated useful Computer equipment 33 /0 on cost Taxation The chariiy is exempt from corporation tax on its charitable activities. Page 12 CL)niinued...
DAVID YARROW FOUNDATION NOTES TO THE FINANCIAL ST ATEMENTS- continued for the Year Ended 31 December 2024 ACCOUNTING POLICIES- Continued Fund accounting Unrestricted funds can be used in accordance with the charitable L)bjectives at the discretion of the trustees. Restricted funds cat] only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purp)ses. Funher explanaiion of Ihe nature and purpose of each fund is included in the notes to Ihe financial ststemenis. Foreign eurreneie5 Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Trai)sactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of trdnsaction. Exchange differences are taken into account in arriving at the operating result. DONATIONS AND LEGACIES Period 5.5.23 to 31.12.23 Year Ended 31.12.24 Donations 917.877 351.J22 OTHER TRADING ACTIVITIES Period 5.5.2i to 31.12.23 Year Ended 31.12.24 Fundraising events 54.050 RAISING FUNDS Raising donations and legaeies Period 5.5.23 to 31.12.23 Year Ended 31.12.24 Costs for raising donations Travel Direct expenses Support costs 328,572 58,388 27,678 80,175 11.454 494.813 11,454 Page 13 CL)niinued...
DAVID YARROW FOUNDATION NOTES TO THE FINANCIAL ST ATEMENTS- continued for the Year Ended 31 December 2024 CHARITABLE ACTIVITIES COSTS Direct Costs Charitable activities 445.250 SUPPORT COSTS Governance costs Management Finance Totals Raising donation5 and le¥acies 50,400 6,023 23,75? 80,175 NET INCOME/(EXPENDITURE) Net incomel(expenditurel is stated after chargin(CredItIngl'. Period Year Ended 31 12.24 31.12.23 Depreciation- owned assets 419 132 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the period ended 31 December 2023. Trugtee5' expenses During the year, I trustee was reimbursed expenses of £10,902 (2023 - £6,725). Relsited Party Transactions The charity was charged consulting fees of £50,400 by a Irustee for the year ended 31 December 2024 (2023 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 351,322 Other iiicome Total 351,327 EXPENDITURE ON Raising funds 11,454 Charitable activities Charitable acrivities 22,138 Other 708 Page 14 CL)niinued...
DAVID YARROW FOUNDATION NOTES TO THE FINANCIAL ST ATEMENTS- continued for the Year Ended 31 December 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted fund Total 34,300 NET INCOME 317,027 TOTAL FUNDS CARRIED FORWARD 317,027 io. TANGIBLE FIXED ASSETS Computer eqiiipnient COST At l January 2024 and 31 De¢ember 2024 1,256 DEPRECIATION At l January 2024 Charge for year 132 419 At 31 Dec£mber 2024 551 NET BOOK VALUE At 31 December 2024 705 At 31 December 2023 1,124 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31 12.24 31.12.23 Trade debtors Other debiors 131.024 379 56,066 138 131,403 56.204 Page 15 CL)niinued...
DAVID YARROW FOUNDATION NOTES TO THE FINANCIAL ST ATEMENTS- continued for the Year Ended 31 December 2024 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Trade creditors Other creditors A¢Lruals and deferred income 5.708 4.i76 44,075 2,338 5.551 54.159 7,889 13. MOVEMENT IN FUNDS Net movement in funds At 31.12.24 Ar 1.1.24 Unrestricted funds General fund 317,027 25,182 342,209 TOTAL FUNDS 317,027 25,182 342,209 Net movement in funds. included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestrieted funds General fund 971,927 1946,7451 25,182 TOTAL FUNDS 971,927 1946,745) 25,182 Comp8ratives for moven]¢nt in fund$ Net movement in funds At 31.12.23 Unreslricted funds General fund 317,027 317,027 TOTAL FUNDS 317,027 317,027 Comparative net moven)ent in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestrieted funds General fund 351,327 {34,3001 317,027 TOTAL FUNDS 351,327 {34,3001 317,027 Page 16 CL)niinued...
DAVID YARROW FOUNDATION NOTES TO THE FINANCIAL ST ATEMENTS- continued for the Year Ended 31 December 2024 14. RELATED PARTY DISCLOSURES Please refer to note 8 for details regardiiig related party transactions in the year. There were no rther related party transactions that occurred during the y¢ar ended 31 December 2024. Page 17