| ReporG | |
|---|---|
| Reference and administrative information | 1 |
| Trustees' annual report | 2 |
| Independent auditor's report |
8 |
| Financial statements | |
|---|---|
| Statement offinancial activities | 12 |
| Balance sheet | 13 |
| Statement of cash flows | 14 |
| Principal accounting policies | 15 |
| Notes to the financial statements | 18 |
| Trustees | Alexander Docherty (Chair) |
|---|---|
| Clare Elizabeth Docherty | |
| Ben Simon Dilkes | |
| Principal office | Stratton Chase Drive |
| Chalfont St Giles | |
| Buckinghamshire | |
| HP8 4NS | |
| Charity registration number | 1209249 |
| Auditor | Buzzacott Audit LLP |
| 130 Wood Street |
|
| London | |
| EC2V 6DL | |
| Principal Bankers and | Coutts |
| Investment Manager | 440 Strand |
| London | |
| WC2R OQS |
| Chance UK | E75,OOO | For 12-months to support core costs. Chance UK |
|---|---|---|
| supports children to developthe emotional and social | ||
| skills they need to thrive in a changing world through |
||
| one-to-one mentoring, group sessions and school |
||
| workshops. | ||
| Literacy Pirates | 275,000 | For 12-months to support core costs. Literacy Pirates |
| offeran after-school programme, in-person or online, | ||
| so that children aged 9-12 can develop their literacy, |
||
| confidence and perseverance. | ||
| LittleVillage | E75,OOO | For 12-months to support core costs. Little Village supports families withbabies and young children liviæ |
| in poverty across London, via their network of baby |
||
| banks. | ||
| Enjuba | €25,000 | For 12-months to support core costs. Enjuba improves |
| literacy and essential skills for Ugandan children |
||
| through early childhood programmes, locally relevant |
||
| storybooks and spelling competitions. | ||
| Kidogo | E75,OOO | For 12-months to support core costs. Kidogo aims |
| improve access to quality, affordable Early Childhood | ||
| Care and Education in East Africa's low income |
||
| communities. | ||
| Spark | EIOO,OOO | For 12-months to support core costs. Spark works |
| Microgrants | across five countries in Africa to support rural |
|
| communities to design and launch their own socid |
||
| impact projects and climate-adaptable businesses. |
| Period to | ||
|---|---|---|
| 5 April | ||
| 2025 | ||
| Notes | ||
| Incomefrom: | ||
| Donations | 1 | 25,064,009 |
| Investmentincome | 42,738 | |
| Total income | 25,106,747 | |
| Expenditure on: | ||
| Charitable activities | 2 | 537,670 |
| Total expenditure | 537,670 | |
| Net income before (losses) on investments | 24,569,077 | |
| Net (losses) on investments | (554,576) | |
| Net income for the period and net movement in funds | 3 | 24,014,501 |
| Total funds brought forward | ||
| Total funds carried forward |
| 2025 | ||
|---|---|---|
| Notes | ||
| Fixed assets | ||
| Investments | 5 | 18,845,424 |
| 18,845,424 | ||
| Current assets | ||
| Debtors due within one year | 6 | |
| Cash at bank and in hand | 169,557 | |
| Creditors: Amounts falling due within one year | 7 | (15,480) |
| Net current assets | 24,014,501 | |
| Total netassets | 24,014,501 | |
| The funds of the charity: | ||
| Unrestricted funds | ||
| General fund |
| 2025 | |||
|---|---|---|---|
| Notes | |||
| Cashflows from operating activities: | |||
| Net cash providedby (used in) operating |
activities | A | 19,526,819 |
| Cash flows from investing activities: | |||
| Purchase of investments | |||
| Interest income received | 42,738 | ||
| Net cash provided by investing activities | |||
| Change in cash and cashequivalents | in the period | 169,557 | |
| Cash and cash equivalents at 6 April 2024 | |||
| Cashandcash equivalents at 5 April 2025 | B | 169,557 |
| 2025 | |
|---|---|
| Net movement in funds (as per the statement of financial activities) | |
| Adjustments for: | |
| Losses on investments | 554,576 |
| Investmentincome and bank interest receivable | (42,738) |
| (Increase) in debtors | |
| Increase in creditors | 15,480 |
| Net cash provided by operating activities | 19,526,819 |
| 2025 | |||
|---|---|---|---|
| Cash | at bank and in hand | 169,557 | |
| Total | cash and cash equivalents | — | 169,557 |
| 1 | Donations | |
|---|---|---|
| 2025 | ||
| Donations | 20,031 ,207 | |
| Gift aid | ||
| Expenses incurred by trustees on behalf of the charity | 25,000 | |
| 2 | Expenditure on charitable activities | |
| 2025 | ||
| Grants (see below) | 480,983 | |
| Operational Costs | 44,807 | |
| GovernanceCosts | 11 ,880 | |
| 537,670 |
| 2025 | |
|---|---|
| Chance UK | 75,000 |
| Enjuba | 25,000 |
| Kidogo | 75,000 |
| Literacy Pirates | 75,000 |
| Little Village | 75,000 |
| Spark Microgrants | 100,000 |
| Random acts of kindness (RAOK) (grants ofless than El 5,000) | 55,983 |
| 480,983 |
| Net movement in funds | |
|---|---|
| 2025 | |
| This is stated after charging: | |
| Auditor's remuneration | |
| Statutory auditservices | 11 ,880 |
| Investments | |
|---|---|
| 2025 | |
| Listed investments | |
| Fair (market) value at6 April 2024 | |
| Additions at cost | |
| Net unrealised investmentgains(losses) | (554,576) |
| Fair (market) value at 5 April 2025 | 18,845,424 |
| Cost of listed investments at 5 April 2025 | 19,400,000 |
| Debtors | |
|---|---|
| 2025 | |
| Prepayments | 15,000 |
| Accrued gift aid income | |
| Creditors: amounts falling due within one year | |
| 2025 | |
| Sundry Creditors | 3,600 |
| Accruals | 11 ,880 |
| 15,480 |