tharlty wlstratlon number 12065331E*dand Wales) THE FLORENCE FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL sfATEMENTS FOR THE PERIOD ENDED 31 JANUARY 2025
THE FLORENCE FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION P P prChard P Snow N P Andaton IAppolnted 16January 20241 (Appolnted 16January 20241 (Appointed 16Janu3ry 20241 Charltynurnber{EnBland •hd Wale5) 1206533 RegTstered offlce 16 Torklngton Road Wllmslow SK9 2AE Indqlenderf thnther Sedulo London timited Office 605 Albert House 256- 260 Old Street London UnSted Kln8dom ECIV 9DD Bankeys Hampden Bank 9 Chwlotte Square Edlnburgh EH2 4DR
THE FLORENCE FOUNDATION CONTENTS Trust$. rwort Indep•ndent examln•e$ report St)tsmant dflnanclal Ktlvltlgs Balance sheet Notssto the flnandal statemerts 8-13
THE FLORENCE FOUNDATION TRusfEES' REPORT FOR THE PERIOD ENDED 31 JANUARY2025 The trustees presentthelrannual report and financlal statements forthe Perlod ended 31 January 2025. The financlal statements have been prepared In accordance with the accountln8 pollcSes set out in rte I to the ffinanclal statements and comply wlth the charity'5 governlng document, the tharltle5 Act 201L FRS 102 The Flnandal Reportln8 Stsndard appllcable In the UK and Republlc of Ireland. and the Charltles SORP 'kmunting and Reportlng by Charitles.. Statement of Recommended Practlce applicable to tharftles preparlng thelr ac¢ounts in accordance with the Flnanclal Reportln8 Stsndard applt¢3ble In the UK and Republic of Ireland IFRS 1021" Oblectl¥es and acdvl The objerts clause In our constltution is to provide 8rants for such charltable purposes. for the publ1¢ benefit that are exclusively charftsble attording tothe laws of En8land and Wales asthetrustee5 mayfromtlme totime determlne. Thls oblectlve fornisthe basis of the two core alms, set bythe trnee5 In our strteglc plan. namely: The advancement of anirnal welfare. especlalty by pd1ft sUPPOrt for ktally based anlmal re)MIng ¢tres, throu8h thelr rympottin9 the lives of petsprogromme." The prevention or relSef ot poverty. by supportlng people to tackle both the causes and ton5equences of po¥erty, throu8h thelr"Imptyrtino the livesofpeople offerted typovertyprogrumme." Thetrustees will reviewthe core almsof the charlty eath November at one otthe two bi-annual trustee meetlngs The alms have been wrftten out Into our Grant Gwing Policy whkh Is avallable on the foundation's webslte whlch Is avallable on the foundatlon'5 webslte www.florenc und l appllcatlons ale revlewed by tru5tee5 In accordaft¢e wlth the rant glvlng pollty. Publk benefft The trustees hale paid due reyrd to 8uldance Issued by the Charity Commlsslon In decldingwhat attfvjtles the charlty should undertake. Athlev•ments and perfomiance Slgnttlcontactlvlrfes ondochievementsugalnst oblertitres In the flTst year of operatlon, the charity estsbli5hed a webslte, ndatlon.o whi¢h expl3in5 the purpose of the charfty, onllne appllcation proces5, relevant pollcles and su¢ce$5 Storfe5. We are pleased that despite beln8 a new charlty, in its flr5t year recelved a slEnlftant number of applkatlons for grant fvnd5n& Sadly. there number of applkatlons far outwel8hed avallable funds. and as such. applicotions had to be prioritised. TFF re¢elved donatlons and glft ald totalling £75,000. Runnln8 costs were hlgher In the first year. malnly associated to the development and launch of the website. The webslte has been deslgned to Ilmit fvture operatlnE costs throu8h enablln8 automatlon of all appll¢ations, resultin8 in lower admlnlstratlon tlme an(J elpense. TFF supported 8 charltie5 In Its flrrt year, wth grants totslllng £61,600. The tharfty awarded 7 grants totalllng £59,600 through lts"Impatting the Ilve5 of people affected by poverty programme" and awarded l Brant of £2.000 through its°Impactlng the Ilvesof pets programme." The charlty 15 5atlsfied that a 11 revlew pro¢e$5 15 in place to evaluate all appllcatlon5 agaln5t Its grant glvlng criteria. contsined in the Grant Glvtn8 Pollcy. The trust hève met tsVI In the year to revièw all applk*lons. June and November 2024. Summarles of successful Br4ntappll¢atlon5 and Impacts are detslled below.
THE FLORENCE FOUNDATION TRUSTEES, REPORT ICONTINUEDI FOR THE PERIOD ENDED 31 JANUARY2025 Im actin the liv eo leo ected b harlty Grant awarded Purpose of the grant and impatt British Liver Trust 10,000 o pèrt fund an outreach worker in the Northwes f Englènd. supporting sufferers of Liver Failure, helping them secure benefit5 and financial support. he charity also promotes the importance of live health and proattive health checks. The gran irectly supported 30 individuals and ached 51 people through their"Love your Ilver roadshow~ Hope Central 10,000 he grant was used to directly support Hop entral's Food Bank Programrne in Handforth, heshire across 3 5 month period. During these 5 months Hope Central received 981 referrals to th ood bank in Handforth which have provided food for approximately 280 uniqu people. he funds from the Florence Trust have been used o support the GEMS aft&r-school club. which provides disadvantaged children in Salford with afe, strucrured. and enriching environment. Th rant directly impacted SO children enjoying th fter school club. Providing nutritious food as well s funding materials to support the club. he grant supported operational costs of Sma Or services in Stockport and Manchester, elping women prepare and dress for interview5. helping disadvantaged women get back into work. In total 318 unemployed women were directl impacted by the grant. Sparks of Success £io.000 rnart Works 5.000 ave the Family 8,100 he grant was used to fund the installation of a partition wall at their Children's Centre facility nea hester. The wall would enable greater capacity t upporr children's counselling sessions. The wall as only installed in Spring of 2025 and a futur rant evaluation will be provided in October 2025. urning Corners 6,500 he grant supported the Cuddle Companio Initiative in Salford. This scheme suppo disadvantaged children and families who are goin hrough trauma to support rhem through p herapy. This programme runs 2025. 3 lull impac tatement will follow larer in 2025. Centre Point £io.000 he granr supponed general running costs of th entre Point Homelessness Prevention and Relie ervice in Manchester. he grant directly supported 703 vulnerable people in Manchesrer as well as supporting Centerpoint's arious homeless and poverty initiatives.
THE FLORENCE FOUNDATION TRusfEES' REpoirr (coMriNUED) FOR THE PERIOD ENDED 31 JANUARY2025 rtl arfty rant awarded urpom ofthe gront and Impact abblt Rescue he grnnt supported a Lantashlre based. Rabbl Rescue Centre vet bllls carln8 for rabbtts under th es¢ues care. Provldlr8 vacclnatlon5, neuterln8, eneral treatments for rabblts requlrlng medlcal nterventlon. In totsl 22 rabblts recelved help fro he grant. Flnand•l v•¥l•w Our In¢ofne for the perlod totalled £75,137 48alnst expendlture of £6492. Thls amounts to a net surplus of £10,54S. Total funds carrled forward amount to £IO.S45 whlch Is all unrestrlcted. Resesves polky The Trustees of the Florence Founditlon have consldered the level of regor¥•$ that the charlty should hold to eftsure Its on8oln8 flnanclal st•Nllty and ¥blllty to meet Its chgrltable oblertlve5. The Trustees are satlsfled that a reserve of £5,0001s approprlate for the current slie and 4CtMtle5 of th• Florence Foundotlon. Thls l•v•l has baen set after conslderntlon of the followln8 factors.. To provlde a s•fe8u•rd wlnst unexpected reductlons In Income. To ensure the Charlty contlnue to me•t Its essentlol operntln8 Costs Isuch •s Insurnnce. 8ov8rnan¢e, •nd 4dmlnlstratlonl for a mlnlrnum pedod of approxlmately three months In the event of ffinancl•l dlfflculty. To allow the charlty sufflclent fiexlblllty to respond qulckty to ur8ent needs of beneficlarlesor partner orgonlsatlon As al 31 January 202S. the ¢h•rlty hokls unrestrlcted reserves of £10,545 whl¢h Is an Inerease cornpd to our curr•nt reserves pollcy but wlll be spent down In the nut Itnanclal year. The Trustees revlew the reserve5 level annually as part ol the bud8et4etting al yearvend processes. Should reseThes f411 slgnlflcantly below thls level. the Trustees wlll take steps to rebulld them. If reserves rlse substantlally above thls level, the Trustees wlll conskler how best to applythe addltlonal fvnds In furth•rnnce of the charlty's obJettive5. Strurturei oo¥ernaffice and manaprn•nt The charfty Is a Charltable Incorpornted Or8anlsatlon and was first reglstered wlth the Charltlqs Commlsslon on 15 January 2024 and Is governed by Its Con5tltutlon dated 15 January 2024. Thetrtsstees who served durfn8the Perlod and upto the date of slinature ofthe flnanclal statements were: P P Prftchard (Appolnted 16 january 20241 P Snow (Appolnted 16 January 20241 N P Anderton (Appolnted 16Janu?ry 20241
THE FLORENCE FOUNDATION TRusfEES' REPORT {coKnNUED) FOR THE PERIOD ENDED 31 JANUARY2025 RecrultfftentondoppointTrnt(f tn4tees The Florence Foundation reColSe5 that the and effKtl¥ne5s of the tharfty depends upon htng a thrse and Illed Board of Trust To ensure good g(rwnan transparency and continulty, the tharlty ha5 adopted the following appmach to recruttIr and ap[rtI trustee When a vacanry aris4 the Board will undertth a IE¥1 of thè current skills and expernce represented wlthln the trustee 8roup. Th15"5kn115 audv VMII help tdentify in knvwle or exptisè that would strtyhen the charfty's ablltty to meet Its obAectfves. In partlcular, the Foundatiw value$ 5kn11s in area5 5uth a5 charity gO¥errnce, finaftclal management. fundralsln& commun1catl0 safe8uardin& ffia1 aml COnulWelern¥tWlth vulnwable youps. Trustee opportunftles ¥AII be ath4erttsed Open where appropriate, and the Foundatity) vrill seek to atvatt candldates from a wide range of backgrounds to ensure dNersity of and representatlon. Informal e¥pressiorth of irterest m also be tonsidered. pnjvlded the canddate meets the requlred skilts and commitmeftt #andards. All prospe¢tlve trustees wlll be pmvided with dearinfonthon aboutthe mleand reSp(IbIlItIeS of charitytru as set out Iwthe Charlty Commlsslon. Applicants will rtomiall¥ be1Tr4tred for an Infom)al discussion wlth exlstire trustees to as5es5 thwr stabIlitY, alignmÈnt 7ith the Foundations Values. and (apacity to contribute effettrth. Refew¢es be SO where relent. Formal 4pp)intmert wlll be conffirnd by resdukn of the Boar¢ and all trustees will comptete the #atutory declarnttons required under tharity l•. To support effectNe indtiOn. ne trustees wlll be prowded wlth an intrOdlon to the charit$ Vri governance pollcles. and current priorit1* 0reoingtrn1ni and dertlopment wlll be encourw to mairtain hyh standards of govemancè and to ensurethe Board coniinuesto att Inthe best interests of the charSty and Its beneficrarie P P Pritchard
THE FLORENCE FOUNDATION INDEPENDEMf EXAMINER'S REPORT TO THE TRusfEES OF THE FLORENCE FOUNDATION I report to the trustees on my examSnatlon of the flnanclal statements of The Floree Foundatlon Iihe charrtyl for the Perlod ended 31 january 2025. R•sponslblllths and bo$1$ repOrt As the tTUStees of the charlty you are respon4ble for the prep8rtlon of the finan¢l•l statements In accordan wlth the requlrements of the Charkles Act 2011. I report In respert of my examlnatlon of the charlty's flnan¢ial statements carrled out under sectlon 145 of the Charltles Act 2011. In carryln8 my examlnatlon I have followed the Dlrertlons 8lven by the Charlty Commlsslon undef se£tlon 1451511bl of tht CharltlesAct 2011. IdendeTht wrnln•rfi tht•m•n¢ Your attentlon 15 drawn to the fact that the ch•rlty has prep•red the flnanclal statam•nts In •ccord•n¢e wlth the relevant verslon of the Ststement of Recommended Pracike •ppll¢able to ChatIeS PparIne thelr hnan¢lal statements In accordance wlth the Fln•n¢lal Reportln8 Standard appllcable In the UK and Republk of Ireland IFRS 102> In preference to the Accountlng and Reportln8 by Charltle5: Statement of Recomm•nded Practlce Issued on l Aprll 2CA)5 whkh Is referred to In the thnt regulatlons but has now been wlthdrawn. l understand that thls has been done In order for the fln•ncl41 statementsto provbde a true and falr vlew In accordance wlth UK Generally Accepted A¢¢ountln8 Pract1. I have completed my e4mlnatlon. I wnflrm that no matters have come to my •ttentlon In conn•ctSon wlth the e¥Amln•tlon 81vln8 me cause to lIeve that In any m8terlal respect.. accountln8 records were not kept In respert of thecharftyas requlred by se¢tlon 130 of th• Ch•rltles Act 2011. the flnanclal statements do not accord wlth those records., or the flnanclal statements do Mt comply wlth the appllcable fequlrements concernln8 the form and cont•nt of flnanclal ststements set out In the Charltles (Accounts and Reports) Re8ulatlon$ 2008 other than any requ6ment that the flnan¢S4l st•tements 8lve a true and f•lrvlew, whlch 1$ not a mèttw consldered ag part of aft Independent ex•mlnatlon. I hav• no concerns and hjve come Kross no other mattar5 In ¢onnectSon wlth the examlnaiion to whlch •ttertlon Should bq drwm In thls r•port In orderto enable a proper undelandIng of the flnancl)l statements to be r•achad. Emrna Hon FCCA S•duk> London Umlted Offlce 605 Albert House 256- 260 Old Strert London ECIV 900 Unlted Kln8dom Date...19..5.ep.tem.b.er 2025
THE FLORENCE FOUNDATION srATEMEKf OF FINANaAL AcnvmES INCWDING INCOME AND EXPENDrruRE Accouiir FOR THE PERIOD ENDED 31 JANUARY2025 Unr•strfctsd funds Income from: Donatlons and le8•cl Investments 137 75.137 Ewdlture 0. Ch¢rlt•ble aCtItt•S 64J92 Tot•1 exp•ndltyrn 64.592 10,545 R•conclllallon olfvnth: FurKI balances at 15 Janu•ry 2024 Fund •1 JI J•nu•ry 2025 10,545 Th• stat•ment of ffln4rKl•l acdvlt5es oludeS all and losms r•tw15ed In the Perlod. Al IXhe Ind expendlture derlva from cortlnuln8 Ktl¥ttle&
THE FLORENCE FOUNDATION BALANCE SHEEr ASAf31 JANUARY2025 Int8ble assets S.287 urrent Cagh at bank and In hand 7.3S8 Cf•ifftors: amounts 14lllnsth• wlthln on• ymr li 12,1001 5.2S8 Totsl •M•ts l•M ¢yrrent Ilabllltlej 10.54S Thefunds ofthe dwrlty Unresrrl¢ted funds iO.S45 10,545 The flnanclal 5tatementswer• approved by the trustees on.... P P Prltch•rd Chalr
THE FLORENCE FOUNDATION NOTES TO THE FINANaAL sfATEMEiirs FOR THE PERIOD ENDED 31 JANUARY2025 Accoun polldes 1.1 Reportl perlod The ffinanclal statements are preSle for a ofo¥er 12 month as thetharltywds retseral on 15January 2024. The are N) ctynparatI¥earunts asthis isthe fvst pwh)d of0p¥w. The financial statents hart been prepared in acccKdarte with the charws 8oNwning documen¢ the thaddes Act 201L FRS 102 The FinarKial Reporti Stsrhdard applicabk in the UK artd Republrt of IrelaThl" and the Chafities SOFiP 'AccountI and Rewrtin8 by ChaTitye5: Ststement of Recommendpd Prn¢tice app4Éc3ble to charities weparing thelr accounts In accordance wlth the Flnanaal Reporting applKle in the UK and RepIk of Irelaryl IFR5 1021°. The charity is a Publk Benefft Enty as defined by FRS 102. Thecharfty has takn aY¥anta¥e of the in theSORP forcharltles notto prepare a #atemert of cash llo%. The flnanckl stemwts hwe departed from tt Charitits (Accnts and Reports) Regulations 21308 only to the extent required to wovlde a true and falr¥iv4¥. Thi5 departure has ir1Ved follwngthe Statement of Recommended prtICe for charftles applytre FRS 102 rther than the vw5ion of the siatemwt of Rffommended Practlce whKh Is referred to in the Regulat1($ but which has slnce be withthwm. The fiMncSal statewthts are prepared in stul1 whKh Is the fU10n81 currw of the charlty. Pknnetary affunts In The finatal statefflents have been prep¥ed the hisknrkal cost c0rnentk. The prlnclpal accountins poli¢ies adopted aresetwi b. At the tlme of approvi1¥ the fin•Kial the tnee5 a reasonajle expert that the charlty has lequate resources to continue in Operatio estere forthè fDrtseeaÈ futw& Thustt tru5tee5 CornUe to adopt the ngcortern basls ofaccount0 In prepar[ the finarwl st3tpJnent> L4 CharftalAe fwids Unrestricted funds are walLiblelor atthe dlxretion Oftrtres in fwthernnce ofthelrcharltsble oblectS¥es. Restritted funds are subject to specbfic condidons try &)nors or8rantOf5 as to trmiwthy be wed. The pwposes and Income Is reCOlsed when the tharity is leth entttled to It afttr ary Fwhmance conthtlons have been meL the amounts can be measured rellabty. and it is probable that in¢oTh* will be received. Cash donatlons are rlroenlsed on recei Other donatlon5 are recwi5ed the tharity has been notrfled of the donatlon. unless performance condltions require defwral of the Income tax re¢o¥Èrdble In reL4tlon to donIn$ er(l underGift Aid or deed5 ofCrrt is recowd atthe tlme ofthèth)natlon.
THE FLORENCE FOUNDATION NufES TO THE FINANCIAL sfATEMENTS (coNnNUED) FOR THE PERIOD ENDED 31 JANUARY2025 Accourtlni deS IC•ntlnuedl 1.6 Eipendhur• ExpendItU Is re¢o8n15ed once there Is a le8al orconstructlve obllBatlon to transfer econom1¢ benefft to a thlrd party. It Is probable that a transfer of economlc beneffts wlll be requlred In settlemen¢ and the amourt of the obllgatlon can be measured rellably. EXpendure Is cla5slfled by actmty. The costs of each actlvlty are made up of the totsl of dlrect costs and shad costs, Includln8 5UPPOrt costs Involved In undertakln8 each actlvlty. Dlrert cost5 attrlbutable to a sln8le attlvlty are allocated dlrectly to that actlvlty. Shared costs whlch contrIbe to rnore than one actlvlty and support Wsts whkh are not attrlbutable to a sln8le actlvlty are apportloned between those artlvltle5 on a basls conslstent wlth the use of resource5. Central staff costs •re allocated on the ba$ of tlme spenL and depreclatlon charges are allocated on the portlon of the asset's us•. L7 IIble Ilxd •H•ts atherthan soodlll Intan8lble assets acqulred separately from a buslness are recognlsed •t cost and are subsequently m•Jsured at cost less •¢¢umulated amort15atlon and ac¢umu14ted Impalrment10$5e5. Intanglble assets tcqulred on busInS ¢omblnatlons are re¢o8nlsed separètely from goodwlll at the acqulslUon d•te where It Is probable that the expected future economlc benefits that are attrlbutable to the asset wlll flow to the entlty and the falr value of the a55et can be measured rellably the lrtan8lble us•t arfms from wntr•ctual or other leq41 rhts,' Ind th• Int•n8lble a55et Is separabl• from the entlty. Amortlsatlon Is reco8nlsed so ¥ to wrlte off the cost or v•luatlon of ets less thelr resldual values over thelr uMful Ilves on the followlng bas., Web51te Bulld Over5 y•a lrnpAlrnTht offixed •swts At each reportln8 end date, th• charlty revlew5 the carrylni •mounts of Its tsnilble •nd Intan8lble amets io detem)In• whether there Is #ny Indlcatk>n that those •ssets have suffered an Imp•liment loss. If aty such Indlcatlon exlsts. the recoverable amount of the asset Is esllmated In order to detemilne the axtent of ihe Impalrment loss Ilf any). 1.9 thsh and cash equlvalènts Cash and cash equlvalents Indude ch In hand, deposlts held at call wlth banks, othef short-term Ilquld Investments wlth origlnal maturftles of three months or le, and b8nk overdrafts. Bank overdrafts are Shown wlthln borrowlnBs In current Ilabllltlqs. a51c ftnanclal assets, whlch Include debtors and cash and bank balance5, are Inltlally measured at transactlon prtce In¢luding tran5aCtlon costs and are subsequentty carrfed at 8mortlsed cost uslng the efferti interest method unless the arrangement constltuies a flnanclng trdnsartton, where the transactlon Is measured at the present value of th• future recelpts dlscounted at a market rnte of Interest. Flnanclal assets clas51fled as recelvable wlthln one year are not amortlsed.
THE FLORENCE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopifiNUED) FOR THE PERIOD ENDED 31 JANUARY2025 ACcndd polkles Icortlnued) Basic financial liabilit. including creditors and bank loans are initially re¢ogntsed at iransactlon prSce unless the arrangement con5tltutes a finarKing tran5artion. where the debt instrument is measuod at the present valu8 of the future payments disCOUrted at a market rate of interest. Financial liabilitiesclassffied as payable wlthln one yearare Mt amort15ed. Debt instruments are5ubsequentlycarried at amrtised co& usIthe effectlve Interest rate method. Trdde creditots are obl1gati0 to payforgoods or serVI$that have been acqulred In the onllnarycourse of operatlons from 5uppllers. Amounts payable are cla551fled a5 current Ilabllfties rf payfflent 1$ within one year or less. If not, they are presented as non-current Ilabllltles. Trade credltors are reco8n15ed Inltialty at traactIOn Price and 5ub5equently measured at amorttsed cost uslng the effectfve Interest method. Llerecoqnltlon offvundolllablfftles Nnanclal Ilabllltles are dereco8nlsed when the charfvs contrathal oblltylons explre or are dtschar8ed ortanlled. Intom•from donatlons and l•oades funds 2025 Donatlons and glfts 75,000 Inomefrom In¥•stm•nts funds Deposit account interest 137 10-
THE FLORENCE FOUNDATION NOTES TO THE FINANaAL sfATEMENTS {COKnNUED) FOR THE PERIOD ENDED 31 JANUARY2025 Grnrtfurmlni 2025 Grant funrfing of attivitsts (see note 51 6L600 Shart of5UmV)rt andw*man1o1ts e 6) pport GovernarKe 64592 Analysis by fvnd Unrestricted funds 64,592 GrnntfdIrrf 2025 Grants to institutr(wts18 8rantsl: British LiverTrust Hope Central Sparksof s¢¢$$ Smartworks Save the Famfy Rabblt Rexue Northwest Turni Comers Centre Pthnt io.othj 8.100 10.000 61.600 11-
THE FLORENCE FOUNDATION NOTES TO THE FINANCIAL sfATEMEMfs (CONTINUED) FOR THE PERIOD ENDED 31 JANUARY2025 Support Costs allocatsd to¥rtMt Deprecl*lon Admlnlstratlon costs 8ank char8es Governance costs 813 66 2.100 2,992 Analysed bd¥thn: Grant fvndlna 1992 1025 Gowrn•ne• eottseornprli•: AccountJnry 2.100 2.100 None of the trustees lor ary persons connected wlth theml recelved any remunoratlon or benefflts from the ¢harlty durlnl the Perfod. Emplo The wera8e monthly number of employees dur1 the Perfod was: 2025 Numb•r Total There were no employees whose annual remuneratlon was more than £60,000. TaxatloTr The chadty Is fflpt from taxatlon on Its actlvltle5 because all Its Income 15 applled for charitable purposes. 12-
THE FLORENCE FOUNDATION NOTES TO THE FINANaAL sfATEMErirs qcop¥riNUED) FOR THE PERIOD ENDED 31 JANUARY2025 In1*Ib 11x assets At 15 January 2024 Additions 6,100 At 31January 202S 6,100 AmOrtOn and IMlMient At 15 January 2024 Amortlsatlon charged forthe Pertod 813 At 31January 2025 813 rry1 At 31 January 2025 S.287 Credltar&" amothnts foifknidue wlthln one year 2025 Accruals and deferred Income 2.100 Unrestrlctedfvnds The unrestrl¢ted fvnds of the charfty comprlse the unexpEnded balance5 of donatlorsand grnnts which are not sublett to speclfic condition5 by donors and grantors as to how they may be used. These Include designated funds whlch have been Set aslde out of unrestrlcted fvnds bythe trustees for5pec511c purposes. At IS January lftwml R•sourc•s At 31J8nugry expended 2025 General funds 75.137 164,5921 45 Related partytransacllons Durlng the year the charfty recelved donatlons totslllre £30,000 from Peter Paul Prltchard and donatlons totslllng £30,000 from Nitho135 Paul Anderton, both ofwhom are trustees of the Charity. 13-