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2024-10-31-accounts

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We set up the,LoveGi￿n4, lottorrn and qualified forb charity accgunt Vlrth 5¢rtpe. We hope this wlll make domting to the ch•rfty a smoother Èxpenence for supporters In the fulure. We rn9lsteTed for GIft￿d and received É13.75 as a res￿￿ of the xheme. Tht chaFty5 t¢¢èl expmdlture durtng the yearwas £105. Thls malnly consisieo o15tation ocessirKJ donations •nd the Cos and postaoe typenses for sendiNJ phy51cally4gnel lomis to bank and MMRC. platfomi lees for of our 8ic¢unttng soft4¥are. I￿r surplus ar the end ol the yÈar¥Aa5 £633. The charity does not yet hove enough money to hand tyjt grants a5 the Trustees have deteThlned S￿)Uld be a £5000 minimum in the grant wt. due to the experted costs of legal ad¥lce grants. Initial funds are bein used to establlsh we should ensure a ffrmkn for the organlsotlon's lnfrjstnjctu￿ costs, for example ¥vebslte hosttng èrKI accounilng software. Th6 ture. The TN#ees have ats4 dddéd to use Exptn5eWus soAware to rnana9e thelrtha ItFKwgh it h&5 rnore features than are l￿d forthe relatlvely low tumover frorn which to grow. tttyJnUng. This ensures thwp 1$ fvm transparency the year. rt wlll glve the charity o good bast FuTrJs Dtficlt tIlA ¢ve$tments Polky NIA Reserves Mlcy The charity ahns trtr hold • M4￿muM of £IQOO IwhKh Li wroxirnately 12.24 months of eXp￿dItuT) 0$ unrostrkted cash, $0 Ihat tt £h•rft 01£6 cujkl confjnue to oFernte should In¢L￿ and i tsr expendlture vary adversely. At the yearend. the charfty htld unrèstricted cash Responsi￿lItIeS of Trustees unoer charity18W The trustee5 ère re5¢¥Jn5Ible for prepaAn and Unlted ￿ngdoM kcounknrKJ Standa the tnjstees. annual report and the financial statsments lo ac£ordance applkable s Iunlted ￿￿}dorn GeneTrlty Accepted Accoufitiny Proctlcel. Charl theè law feouires the tnJstee5 to prepare financial statements for eich fi'narKlal year whlch glve a true and falr vie¥¥ 01 the slate of air5 of the chary as ht the bala￿e sheet date and of its incornin9 resources and èpWlc¥Uon of resources. I￿lUding income and expenditure. for the financlal year. In preparsng these ftnanciil statements. the trustses are requlrtd to.. l. select 5Ultatde accountlng polkles and wly them consistendy.. 2. observe the methods and principk5 In the Charllies SORP.. rnake luttgements and estimates that art reasonatrAe ènd prudent., 4. state whether ihe applicèble accounllng standèrds have been followed. sublert to any material dewrtures dtsck)sed aTh1 explained In the finani+•l statements,. aNJ 5, p￿pare the fina￿1￿4 statements on a goln9 concern bjsls unle55 It Ls InappropriJte to wesume that the charity wll Coftilrwe in operatlon. The trustees are reswi$lb￿ for keepiThJ yoper accounti nd enable them to ensure thal Ihe corf$ that d15c¢Dse wlth acwracy at an time the Ilnan(lal Accounts and Aepo nantlal statements compl wlth the ChoritVè5 Act 201 l Regulètion$ 2008. The ore also responsible for safeguardlng l and the Charfty reasonable steps for the prevention and detecli(w) of fraud and other irregularirifrs. he 05Stt5 of the charity and l>ence for taking SWatu This report W05 èpyoved by the trustees, a•bJ Ls on their ￿hall by.. LWLE5

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