Company Reglstratlon Number.. 12596714 Charity Regi5tratson Number: 1206666 e4 Share Bristol A Library of Things Trustees, Report and Financial Statements 31 May 2024 D￿uM￿nt Refr. KPa5M4YNBA-BBDgZ-2MZ60 Page 1 of 15 Share Bristol Report and accounts for the year ended 31 May 2024 Contsnts Page Tru•tse8 Annu•l R•port 1to6 Independent Accountant's Report 7t08 Ststsment of Financial Activities 8al•n¢• •hMt 10 Not•1 to th• •¢¢ounts 11 to14 D￿uM￿nt Refr. KPa5M4YNBA-BBDgZ-2MZ60 Page 2 of 15 SHARE BRISTOL IA company lim*ed by yuaAnto01 TRUSTEES. REPORT FOR THE YEAR ENDED 31 MAY 2024 Structure Gov8rnanc8 and Mana ement Governing document Share Bristol is a chanlable Company limited by guarantee Iregislered charity no 1205688, company no 125967141. The company was formed as a Community Interest Company on 12.05.2020 and converted to a registered charity on 10.11.2023. It is governed by its Articles of Association which were accepted by the Charity Commission on registering Share Bristol as a charity. Tho role of the TTustso$ The Trustees have overall responsibility for the adivrties of Share Bristol. They set the strategy. oversee the charity's finances and oversee all policies as expected of a Board of Trustees. Their responsibilities regarding the preparation of financial ststements are summarised below. In addition, Trustee5 are active volunteers and contribLrte to the running of the charity through running lending 5e58ion5 and carrying out work in accordance wth their skills and the needs for the charrty, for example writing policies. preparing fundraising applications. wrib.ng blogs and sending out press releases, grant and Contract monitoring, building partnerships. representing the charty al external events. negotiating supplier contracts, paying thlls and general administrabon tasks. It is accepted that these tasks are beyond expected Trustee duties. but Share 8ristol is a Small charity and does not have an executive management team lo carry out these ath"vilie$. Board meetings are held four limes a year al which the main items of business are govemance matters, finance monitoring and planning, regulatory reporting. policy approval, overall perfomiance monitoring, future developments and strategy. organisational risks and Trustee responsibility monitoring. Those who were Trustees during the period are li$le¢J on the Reference and Administrative information page of the financial statements. Tru$tee$ r￿e1Ve no remuneration for their time and expertise. They are able lo reclaim reasonable out of pocket expenses for Trustee expenses. and for expenses incurred in general vdunleeriNJ. Trustees note the guidance in the Charty Governance Code and. whilst accepting that there are always areas for improvement, believe that a high stsndard of goveman¢e and management is in place al Share Bristol, proportionate to the size and age of the charity. Trustee appointment and training Board vacancies are advertJ'$ed through various extemal ¢hannels and prospective applicant$ receive a role description. Shortlisted candidates are interviewed by existing Trustees, then reference and disqualified director checks and a basic DBS are completed. New Tnjstees are provided with induction materials and invited to meetings to introduce them to Share Bristol's work. Trustee5 are signposted lo resources on charity govemance and rel*ed areas. and may have the opportunity lo attend external training ¢our$e$. Trustee terms are variable, with one third of Trustees, the longest serving, required to step down at each Annual General Meeting. They may be immedialety re-appointed by the members, who are, in practice. the tslher Trustees. One Trustee, Karen Anderson, was both appointed and stepped down during 2023124, and one Trustee, Josh Casson, stepped down during the year. Salaried staff During 2023124. Share Bristol had hvo employees. Abigail Finth. part-time Library of Things Manager for Share Bristol Kingswood, was employed Ihroughout the year, working be￿en 15 and 20 hours a D￿uM￿nt Refr. KPa5M4YNBA-BBDgZ-2MZ60 Page 3 of 15 SHARE BRISTOL IA company lim*ed by yuaAnto01 TRUSTEES. REPORT FOR THE YEAR ENDED 31 PAAY 2024 Icontinuad} week. and line managed by Benjamin Smith. Lisa Harper commenced part-time employment as the Library of Things Manager for Share Bristol Bedminster in December 2023, working befvleen 8 and 15 hours a week, and was line managed by Anna Ralph. Regular operational meetings are held between Trustees and stsff to discuss practical matters regarding the running of the charity and ils services. Share Bristol remunerates its staff according to the charity's experience of recrurtment and retention, local market condibons. inflation and similar roles adverts.sed locally, which are considered annually in light of National Uving Wage increases and the advice of the Living Wage Foundabon. Share Bristol salaries are in excess ol the ￿VIng Wage Foundation's UK Living Wage rate. Volunteers Volunteers provide most of the person hours al Share Bristol. As well as the volunteer tasks undertaken by Trustees, outlined above. other volunteers a5s1sI by acting as Librarians during lending sessions, servicing. cleaning. PAT lesling and repairing items as Thing Technicians. managing social media and a$sisling with promoting Share Bristol al extemal events. The volunteers are supervised by a Trustee or a Library of Things Manager. depending on the task. Dozens of volunteers kindty supported us dunng 2023124, volunteenng for nearty 1.700 hours In person during Share Bristol opening hours. Other volunleering lime was not recorded. Share Bristol is so grateful for the phenomenal support provided by all our volunteers. each conlribuling what skills and lime they can to O(br cause. The charty would not be able to (LI￿￿On wilhoul them. Promises During 2023124, Share Bristol continued lo rent a unit on Kingswoo(l High Street on a commercial basis. From 1st March 2024, the charity benefited from a 'meanwhile' lease on East Sl. from which Share Bristol Bedminsler runs. We are grateful to Fimislone and Brislol City Council for securing our use ol this space. Th8 purpose of tho charbty Share Bristol's charitable objectives are 'To promote forpUbl￿ benefit in Bristol and the surrounding the proteclion and preservation of the environment by worting for red￿tIOnS in greenhouse gas emissions, raw material use affty manufacturing wasle through the pmVis￿n and support of community resoutV8 sharing, ￿-￿se and rgpair inilialwes. Additionally to advancg educat￿￿ of th public in sustainable Iwing and the circular or 'regeneratNe' economy in Brislol and the surrounding area Iljrough Communicat￿ns, events and infomiation.. The Trustees have regard to the guidance issue(1 by the Charity Commission regarding the legal requirement that a charity's purwses must be for the public benefrt. Please see the details below and throughout the Report which explains how Share Bristol meets its public benefit requirement. The Trustees confimi that they have complied wth their duty under section 17 of The Charities Act 2011. How Share Briytol served the public in 2023124 Share Bristol provides a unique service in the Bristol and South Gloucestershire area. In 2023124 this was through the provision of a Library of Things operabng from Share Bristol ￿ngswOOd throughout the year, and from Share Bristol Bedminster from 1st May 2024. This enabled people to bo￿OW Things instead of buying them wrth the charrty'5 expansion to a second sile vastly increasing the accessibility of the service. People borrowed a total of 2,366 Things on 1.589 occasions during 202314. Our most prolrfic member D￿uM￿nt Refr. KPa5M4YNBA-BBDgZ-2MZ60 Page 4 of 15 SHARE BRISTOL IA company lim*ed by yuaAnto01 TRUSTEES. REPORT FOR THE YEAR ENDED 31 PAAY 2024 Icontinuad} borrowed 52 Things over the course of the year. During this period, Share Bristol received posf(we reviews from members who appreciated the wide range of Thing5 to borrow. and the friendly and helpful team of volunteers and staff at 8edminster and Kin9swood. Examples of some posrtive reviews include. "A brilliant organisaiion based on a brilliani idea. The volunfeefs are so helpful, passionale and knowledgeable. Will definitely be borrowing more and buying less. Thank you!" Kale M, 2023 "A great community initiative with really friendlystaff/volunteers. 8orrowed a pressur&w8sher, which W0￿ed great on ourpatio. andhave a carpet cleanerbooked- great to have access to These kinds of things wtithour everyone have ro buy theirown and just storing them formonlhs between infrequent uses.- N Davies, 2023 'Such a great initiativel I signed up foran annual membership which costs £50 and have already hired out a lawnmower and slrimmef which wouldeasily have Cost four times the price of that membership. plus theyre noi pemanently taking up space in my garagel Volunleers were very friendly and helpful. couldnl recommend morel" Maire G. 2024 'Just movecl into first house ond this place has been a lifesaver f¢yall the loolsyou'll use once 8nd nor need again. Great service and lovely teaml-James N. 2024 '8orroweda ladder to fix some eurtains. really lovely, helpfuland wheelchair accessible. thank you so muchlll. Fabien B. 2024 "I love the ¢oncep¢ there is o huge variety of itemsyou can borrow and registration is accessible for anyone. The people involVeda￿ so lovely. I feel very lucky to have this nearme. Ils an amazing resource, hugely valuable to myself and the community. Especially good if you are slwggling wrth the cost of living." N Rose. 2024 "An envffronmentalty frieftdly, community supporting. inclusive initt"ative. Making more things possible for more people. Thankyou!" Elly H. 2024 "Brillianl idea, lots of items to borrow. fairly good range in most fields. Staff are very helpful 8 verypleasant. In todays financialsiluation for manypeople it's heaven sent. A very good addition to Kingswood.- ChTislina P, 2024 "For a very reasonableyearly fee depending on yourincom¢ you can borrow so much. I borrowed vintage tea sets and a disco speaker formy sisterfs hen. Have also borrowed waffle and churro makers for a family Christmas breakfast. 8uyJng a house soon and will be glad to borrow lots of useful tools from the library. Great way to save moneyand be good to the planet.- Josie M, 2024 Thirteen Sovereign Housing Association residents beneffted from a free annual Share Bristol membership during 2023124. 146 members benefited from Concession memberships, which are heavily 5ubsidise(I by grant and donab.on income. and open to everyone in receipt of benefrt5 or on a low income. D￿uM￿nt Refr. KPa5M4YNBA-BBDgZ-2MZ60 Page 5 of 15 SHARE BRISTOL IA company lim*ed by yuaAnto01 TRUSTEES. REPORT FOR THE YEAR ENDED 31 PAAY 2024 Icontinuad} Financial rgviow In 2023124, total income was £30,294 (2022r3.' £24,458). 2023124 was not a typical year for Share Bristol. in terms of income and expendrture, with the accounb.ng penod 513rt and end points masking significant donation and gfanl income and a large increase in new membecships. In 2022123 significant funds were raised through a public crowdfunder campaign, wth match funding from Aviva Community Fund. toward5 the costs of opening Share Bristol Bedminster. This resuhed in higher Income In 2022r23. These funds were spent on the fil-oul of Bedminster durin9 2023124, alongside the salary costs for the new Bedminstei Library of Things Manager. However. due to the delay in receiving the lease on the Bedminster property. Share Bristol Bedminster did not open until 1st May 2024, resulting in very little membership income for the second site in 2023124. In addition, a significant grant from Bri5101 City Council towards the Bedmin5ter frt-out was paid in arrears, meaning the expenditure fell into 2023r24 and the income into the followng year. In 2023124, Share Bristol had ￿ main Sour￿ of income.. Membership income %thich totalled £15,522 from 391 memberships. This is paid by individual members of the public who choose to pay an annual membership ol Share Bristol in orfjer to borrow Things for free. There are three different levels of membership Concession, £20 per year- 146 memberships. 37%12022123'. 127. 48%) Standard, £50 per year- 224 memberships, 57%12022123.' 133, 48%) Supporter, £80 per year- 21 memberships. 6%12022123'. 16, 6%1 Grants from local aulhorilies, trusts and foundats"ons. which totalled £10,940 Expenditure rose lo £34.71612022n3.' £20.960J. as we took on a second employee in December 2023, a Second sile in March 2024 and QFened Share Bristol Bedminsler in May 2024. During 2024125. we continue to experience a grovrth in membership numbers and income and in addition secured a significant grant from Bristol City Counul and the Wesl of England Combined Aulhonty lo run a Community Hub and ￿lated acb'vities from Share Brislol Bedminsler. We also opened our third location, Share Bristol Frenchay. kind support from the University ol the West ol England. We are therefore assured that we can conbnue as a going concem, and have sufficient reserves. Tru$ts, Foundatlon$ and Grants During 2023124, we recewed £10,940 in grant income. We are grateful to the following organisations who awarded us grants.. The Foyle Foundation- £5,000 towards expanding and opening a second location South Gloucestershire Council- £3,600 towards the running costs of Share Bristol Kingswood South Gloucestershire Council- £2,000 towards marketing, Thing maintenan¢e and le¢hnology SNG Big Help Out- £300 towards volunteering at Share Bristol Bedminster Aviva Communty Fund- £40 unrestricted Individual donation$ During 2023124. we recewed a small amounl of individual donations. totslling £266. Sales During 2023124, Share Bristol sold personal protecb.ve equipment and Thing consumables. Gifts In kind We are gratefvl to members of the public who have donated unwanled Things to our Library D￿uM￿nt Refr. KPa5M4YNBA-BBDgZ-2MZ60 Page 6 of 15 SHARE BRISTOL IA company lim*ed by yuaAnto01 TRUSTEES. REPORT FOR THE YEAR ENDED 31 PAAY 2024 Icontinuad} Catalogue during 2023124. enabling Share Bristd members to borrow Ihem this year and beyond. Fundraising compliance Share Bristol doe5 not have any commercial parb"cipator arrangements and did not use any professional fundraising services. We did not receive any Complaints regarding lundraising aclivilies. We are not aware of any concerns regarding our compliance wth fundraising standards and regulations, and believe that Share Bristol has adhered to all guidance to the best of our ability. Share Bristol is not required lo register with the Fundraising Regulator as il doe5 not spend any fund5 on fundraising. bul follows the Code of Fundraising Practice where appropnate. During 2023124. Lindsay Turner. Trustee anLI a fundraising professional. oversaw fundraising aclivty, and Anna Perry. Trustee, held a fundraising qualification and was a member of the Chartered Insts'tute of Fundraising. Rèsorvo8 Share Bristol's unreslrided general TeseNe$ were £2,054 al 31st May 2024. Share Bristol's aspirats'on is to hold enough free cash reserves to do the followng. in priority order.. 1. Settle obligations in the event of winding up the organisation e.g. staff redundancy pay 2. Deal wrth unexpected expenses e.g. buildin9 maintenance 3. Provide a buffer in the event of a disruption lo income e.g. membership Income falling 4. Be able lo respond lo opportunities that help us meet our objectives e.g. Thing purchase, opening additional locations For 2023124, we eslimaled that the amount of free cash reserves needed to fulfil the first of these priorities was £6,000. This was therefore the largel minimum amovnl that we aimed t¢ hold in cash reserves. W)en Share Bristol Bedminster opened. this largel rose to £8.000. Share Bristol estimated that the amount of free cash reserves needed lo fvlfil priorrties 1. 2 and 3 with two siles open was £12,000. The target level of reserves was not achieved by year end due to the ￿$ts ol setting up Share Bristol Bedminsler near the end of 2023￿4 and the payment of a grant in arrears, bul has been met from June 2024 onwards. Restricted funds al year end lolalled £4.849. due lo ￿$triCte¢Y grants being received before 31 st May 2024. These funds were used during the nex1 financial year in a¢¢ordan¢e wth the grant's restrictions. There were no designated funds. Rlsks During 2023124, Share Bristol undertook quarterly reviews of the Key Risks Register. The main risks and their management were.. Failure to generate sufficient income- addressed through promoting Share Bristol through press releases. blogs and social media, engaging wth lapsed members and those registering on Share 8ristol's system without initsalty purchasing memberships, grant applications, and opening a second 51te. Lack of capacity in the staff and Trustee team- undertook recrurtment activity for Trustees th expertise in finance and marketing and communicatK)ns. Employment of a second Library of Things Manager added resilience. Plans for the Future Our vision Is that everybody shares. To achieve that vision for Bristol and South Gloucestershire. need to make borrowng as convenient as buying, and create a culture where borrowing is the preferred option. D￿uM￿nt Refr. KPa5M4YNBA-BBDgZ-2MZ60 Page 7 of 15 SHARE BRISTOL IA company lim*ed by yuaAnto01 TRUSTEES. REPORT FOR THE YEAR ENDED 31 PAAY 2024 Icontinuad} In 2024125 and beyond. we aim to tske the following steps towards achieving that vision.. run or host aciivrties focused on sharing Things, skills. knovAedge and experiences to bring people to Share Bristol and foster a culture of sharing open a third location. Share Bri5101 Frenchay recruit additional Trustees and dedicated vdunteers. brtnging new skills and capacity to the team professionalise our external marketing and communications activity, developing and implementing a 51rategy lo Increase brand awareness and membership5 incrementally extend the opening hours ol our three locab.ons seek addibonal locations. In partnership with and with the support of local communrties statement of TrustMs' responsibilities The Tru51ees Iwho are also Directors of Share Brisld for the purposes of Company lawl are responsible for preparing the Tru51ees' Annual Report and the financial statements in accordance with applicable law and the Unrted Kingdom Geneial Accepted Accounting Practs'ce (United Kingdom Accounting Slandardsl. Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view ol the stsle of affairs of the charitsble company and of ils incoming resour¢es and apPI￿allon of resour¢es, including the income and expendrture, lor that period. In preparing these financial Statements, the Trustees are required to.. select suitable accounting poliues and then apply them consistently., observe the methods and principles in the Charities SORP., make judgments and estimates that are reasonable and prudent., state whether applicable UK accountsng Standards have been followed, subject to any material departures disclosed and explained in the financial statements.. and prepare the financial statements on Ihe going concem basis unless rt is inappropnale to presume that the charitable company wll continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the charitable company s transactions, disclose wth reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial 5talemen15 comply wth the Companies Act 20C6 and the provisions of the charity's constitution. They are also responsible for safeguarding the assets of the Charity and hence for tsking reasonable steps for the prevention and detection ol fraud and other irregvlarilies. In preparing this report, the Tnjslees have taken a(fvantage of the small companies exemptions provided by Section 415A of the Companies Act 2006. Approved and signed on behall ofthe Board by Aa Pem/ Anna Pery Chair of Trustees Date: 2025-02-23 D￿uM￿nt Refr. KPa5M4YNBA-BBDgZ-2MZ60 Page 8 of 15 Share Bristol Report ofthe Independent Examin8rto the of the charitabl8 company on the accounts for th8 y8ar ended 31 May 2024 I report to the Trustees on my examination of firwual 5tatefflents ol the Charitab￿ companyfor the ye8r ended 31 May 2024. Resp8Ctlve responslblliti8s of the Trustees and the Independent Examlner and the basls of tho report As described in the Twstses report, you, the charttable cornpanls Trustees. %tho are a150 the Directors of the Company for the purposes ol Company law. a￿ responsib￿ for Ihe p￿Par￿￿on of the financial stslements In accordance with the Cotnpan*s Aci 20(6. the Charitss Act 2011 and all other applicable law and with United Kingdom Generally Accepted knounting Practic8. aFs>licabk8 to S[[￿￿r entro8s. and for teiTrJ sat15fied that the financial ststements 9ive a true and fair vw. The Trustees consider that the audrt requirement of Sec*"on 144121 of the Charits"e$ Act 2011 (the Actl ¢Jogs not Appty, and that thert is no reouirement In Ihe memorandum arKJ articles of the charity for the conducting of an audit. and that the accounts do not require an audil in accordance the Companies Act 2006 and that no member or members have requested an audit. As a Lxnsequence. the Truste￿ have elected that the financial statemants bo subj6¢110 indepondeni examination. Hoving satisfied myseWth8t Ihe finanrial $tstemonb are ngt required to be auditsd yn*r any *al provision, or al examine the finanaal staternenls of the chanty under Seclion 145 of the Act., bl follow Ihg aFplut* procedurgs in Il* Diwtionj givgn by Chgnty C¢ynrni8sK)n under $g¢tion 14515llbl of the Acl. Basls of Indwnd•nt Examlnèfl Stai•ment •nd 8t0￿ of WO￿ undvrtakèn I report in respect ol my eX￿lTra￿0n ol the chariW$ hnanoal ststements camed out under $145 of the Act. In earrying out my examination, I have follth%*d all th? aWKable Directions gNen by the Charity Commission. An indewndenl examination i￿￿*$ a of Ihe accouniing re￿rdS kept by the charrtabl& Company and of the 8ccounling system5 emF4oyed by the Charitab￿ ccffjpany and a comparison of the fi'nancial statements presented with those records. 11 also includes considerètK)n of any unusual items or d￿clOSUre8 In the financial statements, aThJ seeking e*an¥t￿$ from you. as Tw$tees. concemiNJ such mattws. The procedures undertaken do not prowde all the eTrrtlenct Ihai wouKI requi￿ in an audit. and Information $uppl*d by Ihe Tru5tee5 in the course ol the examina￿.On is nol subj'ected to a￿j11 tests or enquiries and does not cover all the matters that an auditor WOU￿ consider In arriving al an opinion. The planning and conduet of an audit goes beyond the Iimrted assufance Ihai an i￿r￿denl examinabon Can provKIe. Consequendy, I do not express an audit opinion on the gwen by the finanual stalements. and In particular, I exp￿$$ no opinion as to wheiher Ihe finan(Jal statements gwe a true aThJ fair of the affairs of charity, And rny report is limited to the matters set out in the state￿￿1 idow. I planned and pertormed my examinalion so as lo $ats"sfy myseffthal the objectives of me independent exarDinalion are aCh￿ved and before finali51ng Ihe rep£xt l obtained wtriten assuran￿5 frorn the Tru51ee$ of all material matters. D￿uM￿nt Refr. KPa5M4YNBA-BBDgZ-2MZ60 Page g of 15 Share Bristol Independent Examinerfs Statement. Report and Opinion Subject lo the limrtatK)n$ upon Ihe $￿pe of my wort a$ detsibed *me. I have o)mpkted my examination". and can confirrn Ihai".- The attounts of this charitabk rjynpany a￿ not requi￿1 to be audrted under Part 16 of Ihe C(mpanies A¢t 2006, This is a report in respect of an examinab.on out under 145 of the Ad and in accxjrdance wth Directk￿8 given by the Charity Commission under section 1495llbl of Ihe Act which may be applicable." and that no materbal matters have cl￿ to my attenb.on in with the examinab.on giwng me ¢au$e to belwe that in any rnalerial resF*Ct".- aceountng rwords were not kept in resrect of Ihe Charity as required by Seth"on 386 of the ¢￿panIeS Act 2006, the financial Ststements do not ac(¥xd th those recths.. or the financi81 stats￿nts do not cornptywlh the aFf1icab￿ requirements concerning the fo￿ and content of accounts set out in $e¢tson of the ¢¢>npan￿¥ Act 2¢Xffj olher than any wuirement that the accounts give a'true and fairf view, which is noi a matter conSth￿ a$ part of an Indepe￿Ient examination." have not been prep8r8d in accordance th8 methoas and pnnc* set out in Statement of Reci*nmende(J practs"￿ forAcwunb"n9 and Reporb"ry by Charitss. I have ne e¢nc•ms and hav• eom• across no Olh•r matt*s in ¢onn•¢bon with thè exarninaii¢n 10 which attention should be drawn in Ihis report in order lo en8￿e a proper understandirg of the financial ststernents lo ba reached. Emrna DAubyii- Independent Examiner Charterecj AknCLiunlanlS Mutu ￿COUntsn¢Y Ltd Newark Works, 2 Foundry Lane Bath BA2 3GZ This ￿pOrt was $4ned on 21st Fetyruary 2025 D￿uM￿nt Refr. KPa5M4YNBA-BBDgZ-2MZ60 Page 10 of 16 Share 8ristol- Statement of Financial Activities for the year ended 31 May 2024 StateM￿t ofFinancial Activiti￿ (Including th• Income and E¥p•nditur• Account for th• ended 31 May 2024, as required by the Companies Act 2006) T*>t•l Totsl Funds 2024 2024 2033 In¢om• & Endo*YMnt•from: Donation5 and leoatyos charitab￿ actlviuès Grants In￿lM￿ts 15.522 15,522 14,% 18,132 6,262 10. Total Int•m• 19.394 10.900 30.294 24.46B Exp•ndltur• on.. Chorilpblo aCtN￿o6. 28.e6S 6.051 34,716 20,980 Tot•1 •xp•ndltur• 28.665 6.051 34.716 20.980 N•t In¢om•ll•xp•ndltur•l lorth• y••r 192711 4.849 14.42ZI 3.49B N•t Incom• aft•rtMn*hrn 4,U9 {4.4221 3.49B N•t rM¥•m•nt In fun 193711 4.849 14,4221 3,498 R•¢onGMl•tlon olfvnd•:. Tot•1 fund¥ brought lorw•id 1132S 11,32S 7,827 Tot•1 lunds lOn￿r 2.0 4,849 11.32$ A Separate Slal8w*nt ofTolal R8c(¥nl88d GaSns8nd L01888 15Tr)t refvd asthls stal8m8nl IndL*l88all r8o>ank88d galn5 and1055es. l ihe prior year trans8cbM5 ￿re unrestrcled lom5. I￿) fvrther8n8Prni¥ ffjquir•J All 8cb¥ib"es ¢erive from conlinuir*J operalions D￿uM￿nt Refr. KPa5M4YNBA-BBDgZ-2MZ60 Page11of16 Share 8ristol- Balance Sheet as at 31 May 2024 Notes 2024 2023 Flxed assets Tangible assets 1.143 1,429 Debtors Cash at bank and in hand 2.586 4.163 2,005 12.385 Totsl ¢urr*nt assets 6.749 14,390 Cr8dltors: amounts falllng due withln one year 10 19891 14,4941 N•t curr•nt ass•ts 5.760 9,896 Th• toial n•1 ass•ts olth• charfty 6.￿3 11,325 Th• total n•1 ass•ts olth• cha￿ty •r• fund￿ by fvnds olth• charlty, # follo￿:. R￿trICtsd lund• Re$lricted Revenue Fun¢$ 14 4.849 unr￿tr1ctsd Funds Unre$tricte(l Revenue Fund$ 14 11,325 Total charlty funds 6.9J3 11,325 The dire¢tor$ $a*'$f￿￿ that Ihe ￿mpanY 1$ enbde(I to exemp￿"On from Ihe requirement to obtain an audit un*r sedign 477 cf the Companies Act 2006. The member ha8 not required the cornpany lo Ob￿.Th w audit in aCCordar￿e ￿th secbon 478 of the Act. The dirtclor$ acknowkdge their ￿spOnSIbl11￿e$ for COm￿￿￿j vritt) th• rnquirements of th• cempan￿$ Act 20CQ %*ith respect to accountin9 records and the p￿parat￿)n of accounts. The charity is subject to IndeFendenl EXarnina￿.0n under chanty leg*laboTh. and Ihe report of the IndeFendent Examiner is on page 8. Tho finanual statements have been prepared in %¢onlancè pmwsK)ns in Part 15 of the Compan￿5 Act 2006. applica￿e to compan￿$ subject lo the Small companw w*ne. AARa Peny A PERRY Chair of Ttustees Approved by the board of trustees on 21st February 2025 10 D￿uM￿nt Refr. KPa5M4YNBA-BBDgZ-2MZ60 Page 12 of 16 Share Brist Notss to tho Accounts tsrthe y8arentW 31 May 2024 1 Accounting polic Basis of preparation and accounting convention The a￿ount5 have been prepar￿ Ir}a(xx￿d￿ vath Ihe Fina￿￿ RewtitvJ Slandard 102.