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2025-05-31-accounts

Prestige People Foundation

Charity number 1209704

Annual Report and Financial Statements for the year ended 31 May 2025

Libertas Accounting & Advisory

1

Prestige People Foundation

Charity number 1209704

Annual Report and Financial Statements

for the year ended 31 May 2025

Contents Page
Trustees' Report 2 to 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Accounts 6 to 7

Libertas Accounting & Advisory

Prestige People Foundation

Trustees' report for the period ended 31 May 2025

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report were approved were: Name

Ashleigh Naylor Bradley Wilson Lucas Heczko Moss James Barry Charity Number 1209704

Registered and principal address

7B Asquith Avenue Business Park Asquith Avenue Gildersome Leeds LS27 7RZ

Accountants Libertas Accounting & Advisory

96 Long Row Horsforth Leeds LS18 5AT

Page 2

Prestige People Foundation

Trustees' report (continued) for the period ended 31 May 2025

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission's general guidance on public benefit and in particular the advancement of health or saving of lives.

Achievements and performance

The CIO was dormant throughout the period and had no significant transactions.

Financial review

The net outgoing resources for the year were £0.00 including net outgoing resources of £0.00 on unrestricted funds and net incoming resources of £0.00 on restricted funds.

Reserves policy

The charity's free reserves, excluding fixed assets, at the year end were £0.

Signed on behalf of the board of trustees:

Signed: ……………………………………………… Date: …………………………

Name: ………………………………………………

(Trustee)

Page 3

Prestige People Foundation Statement of Financial Activities for the period ended 31 May 2025

Notes
Income from:
Total Income
Expenditure on:
Depreciation
Total Expenditure
Net Incoming / (outgoing) resources
Fund balances brought forward
Fund balances carried forward
2025
Unrestricted
funds
£
-
-
-
-
-
-
-
-
-
-
2025
Restricted
funds
£
-
-
-
-
-
-
-
-
-
2025
Total
funds
£
-
-
-
-
-
-
-
-
-
-
2024
Total
funds
£
-
-
-
-
-
-
-
-
-

Page 4

Prestige People Foundation

Balance Sheet

as at 31 May 2025

Notes
Fixed assets
Total fixed assets
Current assets
Cash at bank and in hand
Total current assets
Current liabilities:
amounts falling due within one year
Total current liabilities
Net current assets / (liabilities)
Total assets less liabilities
Funds
Unrestricted funds
Restricted funds
Total funds
2025
Unrestricted
£
-
-
-
-
-
-
-
-
-
-
2025
Restricted
£
-
-
-
-
-
-
-
-
2025
Total
£
-
-
-
-
-
-
-
-
-
-
2024
Total
£
-
-
-
-
-
-
-
-
-
-

The financial statements were approved by the board of trustees on ………………………………………

Date: …………………………………….

Signed: …………………………………… (Trustee)

Name: …………………………………….

Page 5