**REGISTERED CHARITY NUMBER: 1205854** ## Report of the Trustees and Unaudited Financial Statements for the Year Ended 21 November 2024 ## for The Block, Armed Forces Foundation DBS Corporate Accountants Suite 4102, Charlotte House Queens Dock Business Centre 67-83 Norfolk Street Liverpool Merseyside L1 0BG The Block, Armed Forces Foundation Contents of the Financial Statements for the Year Ended 21 November 2024 ||Page| |---|---| |Report of the Trustees|1| |Statement of Financial Activities|2| |Balance Sheet|3| |Notes to the Financial Statements|4 to 6| |Detailed Statement of Financial Activities|7| The Block, Armed Forces Foundation ## Report of the Trustees for the Year Ended 21 November 2024 The trustees present their report with the financial statements of the charity for the year ended 21 November 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1205854 ## **Principal address** 241-243 Walton Road Liverpool England L4 4AR ## **Trustees** Mr Colin John Eastaway (appointed 22.11.23) Mr David McMullen (appointed 1.1.24) Stephen Mccarthy (appointed 22.11.23) Ms Amber Lynch (appointed 22.11.23) Approved by order of the board of trustees on 27 March 2025 and signed on its behalf by: Mr Colin John Eastaway - Trustee Page 1 |The Block, Armed Forces Foundation||| |---|---|---| |Statement of Financial Activities||| |for the Year Ended 21 November 2024||| |||Unrestrict| |||fund| ||Notes|£| |**INCOME AND ENDOWMENTS FROM**||| |Donations and legacies||54,654| |**EXPENDITURE ON**||| |Raising funds|2|37,565| |**NET INCOME**||17,089| |**TOTAL FUNDS CARRIED FORWARD**||17,089| The notes form part of these financial statements Page 2 ## The Block, Armed Forces Foundation ## Balance Sheet 21 November 2024 |||Unrestrict| |---|---|---| |||fund| ||Notes|£| |**CURRENT ASSETS**||| |Cash at bank||18,367| |**CREDITORS**||| |Amounts falling due within one year|4|(2,198)| |**NET CURRENT ASSETS**||16,169| |**TOTAL ASSETS LESS CURRENT**||| |**LIABILITIES**||16,169| |**NET ASSETS**||16,169| |**FUNDS**|5|| |Unrestricted funds||16,169| |**TOTAL FUNDS**||16,169| The financial statements were approved by the Board of Trustees and authorised for issue on 27 March 2025 and were signed on its behalf by: Mr Colin John Eastaway - Trustee The notes form part of these financial statements Page 3 The Block, Armed Forces Foundation Notes to the Financial Statements for the Year Ended 21 November 2024 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can 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 purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 4 continued... The Block, Armed Forces Foundation Notes to the Financial Statements - continued for the Year Ended 21 November 2024 ## **2. RAISING FUNDS** ## **Raising donations and legacies** |Staff costs
Sundries
Support costs|£
3,172
6,332
28,061| |---|---| ||37,565| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 21 November 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 21 November 2024. ## **4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Taxation and social security
Other creditors|£
558
1,640| |---|---| ||2,198| ## **5.** ## **MOVEMENT IN FUNDS** |||Net|| |---|---|---|---| |||movement|At| |||in funds|21.11.24| |||£|£| |**Unrestricted funds**|||| |General fund||16,169|16,169| |**TOTAL FUNDS**||16,169|16,169| |Net movement in funds, included in the above are as follows:|||| ||Incoming|Resources|Movement| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|54,654|(38,485)|16,169| |**TOTAL FUNDS**|54,654|(38,485)|16,169| Page 5 continued... The Block, Armed Forces Foundation Notes to the Financial Statements - continued for the Year Ended 21 November 2024 ## **6. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 21 November 2024. Page 6 The Block, Armed Forces Foundation |Detailed Statement of Financial Activities
for the Year Ended 21 November 2024
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
Donations
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Wages
Sundries
**Support costs**
**Management**
Wages
Social security
Rates and water
Insurance
Light and heat
Telephone
Advertising
Sundries
**Finance**
Bank charges
**Information technology**
Repairs and renewals
Total resources expended
**Net income**|£
1
54,653| |---|---| ||54,654| ||54,654
3,172
6,332| ||9,504
4,645
257
727
326
250
59
5,203
6,286| ||17,753
116
10,192| ||37,565| ||17,089| This page does not form part of the statutory financial statements Page 7