**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: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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