2026-06-30-accounts - Unseen Pursuit

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REGISTERED CHARITY NUMBER: 1213937

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 3 JULY 2025 TO 30 JUNE 2026

FOR

UNSEEN PURSUIT

Marsh Solutions Limited 82 Berechurch Hall Road Colchester Essex CO2 8RF

UNSEEN PURSUIT

CONTENTS OF THE FINANCIAL STATEMENTS for the period 3 July 2025 to 30 June 2026

	Page
Report of the Trustees	1 to 2
Independent Examiner's Report	3
Statement of Financial Activities	4
Balance Sheet	5
Notes to the Financial Statements	6 to 8
Detailed Statement of Financial Activities	9

UNSEEN PURSUIT

REPORT OF THE TRUSTEES for the period 3 July 2025 to 30 June 2026

The trustees present their report with the financial statements of the charity for the period 3 July 2025 to 30 June 2026. 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The charity's objects are to advance the Christian faith, relieve poverty, and advance education through practical support in under-resourced communities, primarily in Zimbabwe.

In this first period the charity focused on grant-making for agricultural supplies, education infrastructure and Hope Ignited training sessions.

Public benefit

The Trustees confirm they have had regard to the Charity Commission's public benefit guidance. Our work provides direct, identifiable benefit by equipping individuals with skills (reducing poverty and unemployment), improving education access, and promoting the gospel in communities. Benefits are open to the public in target areas.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

We disbursed USD 94,689 in grants primarily supporting multiple Hope Ignited entrepreneurship training sessions throughout Zimbabwe, building of school buildings, provision of school sporting equipment and agricultural goods to bring hope and transformation.

FINANCIAL REVIEW

Financial position

Income: £149,468 (donations including Gift Aid, interest)

Expenditure: £76,855 (grants and support costs)

Net Retained: £72,613

Assets: £74,063 (cash holdings)

Reserves policy

The charity has a policy of holding at least three months' expenditure as general reserves to cater for unknown levels or unexpected drops in income. Restricted funds, if any, are ring-fenced.

At 30 June 2026 the charity held more reserves than the above policy and intend to utilise these additional funds to make further grants.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Unseen Pursuit is a Charitable Incorporated Organisation (CIO) governed by its constitution and was registered on 3 July 2025. The charity is managed by a board of trustees who meet regularly to oversee strategy, grants, and compliance.

Recruitment and appointment of new trustees

Trustees are recruited based on skills, experience, and alignment with the charity's Christian ethos. Risk management includes financial controls, partner vetting in Zimbabwe, and reviews of currency and operational risks.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1213937

Page 1

UNSEEN PURSUIT

REPORT OF THE TRUSTEES

for the period 3 July 2025 to 30 June 2026

Principal address

7 Ostler Close Bishops Stortford Hertfordshire CM23 4FT

Trustees

R Harrap (appointed 3.7.25) S Chisnall (appointed 3.7.25) B Matthewman (appointed 3.7.25)

Independent Examiner

Christopher Marsh FMAAT Marsh Solutions Limited 82 Berechurch Hall Road Colchester Essex CO2 8RF

Approved by order of the board of trustees on ............................................. and signed on its behalf by: 23/07/2026

.......................................................................... R Harrap - Trustee

Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF UNSEEN PURSUIT

Independent examiner's report to the trustees of Unseen Pursuit

I report to the charity trustees on my examination of the accounts of Unseen Pursuit (the Trust) for the period 3 July 2025 to 30 June 2026.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Christopher Marsh FMAAT

The Association of Accounting Technicians

Marsh Solutions Limited 82 Berechurch Hall Road Colchester Essex CO2 8RF

23/07/2026 Date: .............................................

Page 3

UNSEEN PURSUIT

STATEMENT OF FINANCIAL ACTIVITIES

STATEMENT OF FINANCIAL ACTIVITIES
for the period 3 July 2025 to 30 June 2026 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 140,359 Investment income 2 1,609 Total 141,968 EXPENDITURE ON Charitable activities 3 Charitable Activities 69,355 NET INCOME 72,613 TOTAL FUNDS CARRIED FORWARD 72,613	Restricted fund £ 7,500 - 7,500 7,500 - -	Total funds £ 147,859 1,609
		149,468
		76,855
		72,613
		72,613

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

Page 4

UNSEEN PURSUIT

BALANCE SHEET

30 June 2026

Unrestricted Restricted fund fund Notes £ £ CURRENT ASSETS Investments 5 63,198 - Cash at bank 10,865 - 74,063 - CREDITORS Amounts falling due within one year 6 (1,450) - NET CURRENT ASSETS 72,613 - TOTAL ASSETS LESS CURRENT LIABILITIES 72,613 - NET ASSETS 72,613 - FUNDS 7 Unrestricted funds TOTAL FUNDS	Total funds £ 63,198 10,865 74,063 (1,450) 72,613 72,613 72,613 72,613 72,613

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. 23/07/2026 and were signed on its behalf by:

............................................. R Harrap - Trustee

The notes form part of these financial statements

Page 5

UNSEEN PURSUIT

NOTES TO THE FINANCIAL STATEMENTS

for the period 3 July 2025 to 30 June 2026

1. ACCOUNTING POLICIES

Basis of preparing the financial statements and assessment of going concern

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.

The financial statements are presented in sterling (£).

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Taxation

The charity is exempt from tax on its charitable activities.

Debtors

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes cash, current bank accounts and deposit bank accounts with no withdrawal limitations.

Creditors

Creditors are recognised where then charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.

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.

continued...

Page 6

UNSEEN PURSUIT

NOTES TO THE FINANCIAL STATEMENTS - continued

for the period 3 July 2025 to 30 June 2026

2. INVESTMENT INCOME

Deposit account interest Current assets investment income CHARITABLE ACTIVITIES COSTS Net income/(expenditure) is stated after charging/(crediting): Independent examiners fee	£ 1 1,608 1,609 30.6.26 £ 1,450

3. CHARITABLE ACTIVITIES COSTS

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the period ended 30 June 2026.

Trustees' expenses

During the year R Harrap, was refunded for travel expenditure totalling £619 for a trip to perform a trustee verification of a project which had been funded in Zimbabwe.

5. CURRENT ASSET INVESTMENTS

Other 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 7. MOVEMENT IN FUNDS		£ 63,198
		£ 1,450

MOVEMENT IN FUNDS
	Net
	movement	At
	in funds	30.6.26
	£	£
Unrestricted funds
General fund	72,613	72,613
TOTAL FUNDS	72,613	72,613

continued...

Page 7

UNSEEN PURSUIT

NOTES TO THE FINANCIAL STATEMENTS - continued

for the period 3 July 2025 to 30 June 2026

7. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds General fund Restricted funds Specific Project Funding TOTAL FUNDS	Incoming resources £ 141,968 7,500 149,468	Resources Movement expended in funds £ £ (69,355) 72,613 (7,500) - (76,855) 72,613

8. RELATED PARTY DISCLOSURES

There were no related party transactions for the period ended 30 June 2026.

Page 8