Chari
number.. 208722
THE BENEVOLENT SOCIETY
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

The Benevolent Society
CONTENTS
Reference and administrative details of the chanty. its Iruslees and advisers
Trustees, report
Independent examinerfs report
Slalemenl of ffin8ncial 8¢bvrfi&s
Balance sheet
Notes lo the financial stst$ment$
8-15

The Benevolent Society
REFERENCE ANO AOMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
Ms G Penfold, ChaimMn
Mr G Wroe, Treasuref
Mrs M Brennan. Trustee
Mr H Skouby, Trustee
Ms M Hawkins, Trustee
Ms S Jordan. Trustee lappointetl 7th March 20241
Mr T Green, Trustee (resigned 12th Decernber 20241
Mr J Ansell. Trustee Iresigned 8th September 20241
Charlty r•gl8t•r•d nUm￿r
208722
Prlnclpal office
Federation House, 10 Vyse Slreet, Birningham. B18 6LT
Socrtrtsry to lh¢ Tru8ts•8
Mrs L B Banner
Ind•p•nd•nt Examln•r
Crowe U.K. LLP
Chartered Accountants
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG
Page 1

The Benevolent Society
TRUSTEE'S REPORT
FOR THE YEAR ENDED 31ST DECEMBER 2024
The Trustees present their 8nnual report together wth the finan(x81 stslements for Ihe year 1 January
2024 to 31 December 2024.
Oblectlves and Actlvltles
a. Pollelès and oblèctlvès
The principal objective of the society is lo assisl financialty persons. or their dependants. working, or
previously having worked in the trades embraced by the British Allied Trades Federation and are in
onditions ol need. To sUPPQrt education and trainin9 by providing for bursaries gr other financi81
SUPPOrt to those working or intending to work in the Irade5. To execule this policy, the Society is
dependent upon income from subscriptions from menknrs of the British Allied Trades Federation.
from donatsons, from events and from its inveslments.
b. Aetlvltl•8 for aehlovlng obl•¢tlv•s
In setting the Charity's policy and planning its activities. The Trustees confiTh that they have complied
with the duty in Section 17151 of the Charities Acl 2011 to have due regard to the Charity
Commissioners general guidance on publbc benefit in exercising Iheir powers or duts"es.
Aehl•v•mants and pèrfoman
a. Revlw of acllvlll¢8
The accounts Iof the year ended 31 December 2024 show net outgoing resources of £73,849 which
includès net outgoing r8sour¢es in unrèstricted fund$ of £73.849, and nèt incoming rèsource in
restricted funds of £NIL. This is against a projected net loss of £82.850.The inve5trnenls generated an
income of £28.466 during the year. The market value of our inveslments is £910.385. The Trustee5
continued to be diligent in deciding upon grants made to individuals but were sts'll able to awar(J the
sum of £59,370 to 43 needy beneficiaries.
One off grants totalling £20,071 were awarded to indiwduals for essenbal expenseslpurchases such
as white goods, a staidrft and necessary home repairs. Without these grants, the individuals wouldn't
have been able lo afford th¥se e$s&ntial items.
£59,370 was paid in regular grants io beneficiaries to help towards iheir essenbal day to day living
costs wher8 there Is 8 shortfall belween their incom8 and essenb.al expenditure.
The Society is exlremety grateful for the generous don8b.ons rNqde by mefflbers of Ihe British Allied
Trades Federats'on totalling £20.220.
The 2024 Christmas Ball was successfulty held at The Grand Hotel. Bimingham, making a net
income of £32.682. Plans are undetway for the 2025 Christma5 ball which wll be held at the same
venue on 4th Decernber.
b. Investment policy and performance
The Trustees aim to maintain reserves at a level sufficient to meet the needs of its beneficiaries. They
are conscious th81 their Investment Policy musl be directed t¢)wards maintaining the re81 value of
investments to produce income for prospective frjlvre beneficiaries as well as current beneficiaries.
Page 2

The Benevolent Society
TRUSTEE'S REPORT
FOR THE YEAR ENDED 31ST DECEMBER 2024
b. Investment policy and performance l¢ontinuedl
The Society's investment portfolio is enbrety invested in a range of Common InveSt￿nt Funds,
Government stocks and specialist Unrt Trusts and is structured to meèt the Trustees. objectives in
terms of income and risk. The 5Ultabilty and performance of the investments is remewed regularfy by
the Trustees and by a leading fi￿ of investrnent managers.
Flnancial revSew
a. Reserves pollcy
The trustees retain a sufficient level of reseryes to cover any payrr*nts vthich may become due
necessary to give the society flexibilty in carying out ils objectives. At the year end the society had
unrestricted reserves of £958.27312023.' £970,929) and regtricled reseNes of £nil12023'. £NILI.
b. Futuro d•v•lopmént8
The society's plans ltsr the futu￿ ar& lo ¢onlinu¢ lo provide grant$ and bursaries lo worthy indivitluals.
Structure, governan￿ and managemont
Constitutlon
The Benevolent SocAety is constituted by a Trust Deed made on 16 June 2018 and is a registered
charity.
The charlty 5$ ¢ontroll*d by ts goveming do¢um8nt, a of trust, and wi$lltut&s an unin¢orporaled
charity.
b. Method of appolntment or electlon of Tru$tee¥
The management of the chanty Is the rosponsi￿11fy of the Tru$t8es who aro olected and ¢0 opted
undtrr the terms of the Trust deed.
c. Rl8k m¥nagemenl
The Trustees did not carry out a formal assessment of the risks to wh￿h the Society is subject durfng
the y6ar as rt was that nothing had eh8ngÈd since thèir previous ri$k assessmènt where thèy
found no signifiunt risks. A review ol the exisling risk assessmenl is planned for May 2025. They
reaffirmed their slralegy with regard to investrrents in the light of current market condition5.
Sponsors
The Society would like to thank our sponsors for their support land whilst these are many). the
principal ones are, Assay Office Birmingham. Charfes Green & Son. Cooksongold. Diamonds Please.
Beaverbrooks, H¢xkley Mint. T H March & Co Ltd. H S Walsh & Sons Ltd and Weston Beamor Lld.
The Trustees would also like to thank the Board of Directors of the Federab"on and the trade
associations of the Britj'sh Allied Trade5 Federation foi their suppgrt throughout the year.
Burnarie8
Bursaries to the total value of £81,998, were awarded to students in 2024, to enable them to benefit
from various courses in the Jewellery, Grftware and Surface Engineenng industnes. The bursaries
were awarded as a resutt of a Change to Ihe Society'5 9bjecD'ves in 2016. to support indiwduals
beginning their ca￿erS as well as following their careers within the industries. Furiher bursaries will
be available for 2025.
Page 3

The Benevolent Society
TRUSTEE'S REPORT
FOR THE YEAR ENDED 31ST DECEMBER 2024
Relationship with British Allied Trad￿ Federation
The Society assists those who used to be employed in trades embraced by the Bribsh Allied Trades
Fedeiation. The Trustees appreciate Ihe support and b"mÈ given by membefs of Ihè Ball Committeè
and the trernendous help received from 811 rnembers of staff of the Federation.
ConsultontslAc¢ountant
Once again, the Trustees would like to ￿Cold their gratiiude to our consultant, Sue Allcock, to the
accountant for the year ending 31st December 2024, Louise Ha(Jfield, lo the Independent Ex4mintrr
for the year ending 31st December 2024. Crowe U.K. LLP and Secrelary. Laur8 Banner for their
enthusiastic support throughoul the year.
New Tru8tee8
The Society is looking for people that can give their lirne and expertise to becorre J Trustee for Ih
Society.
This report was approved by the Trustees on 2411012025
and signed on their behalf by..
It.SkoMb
H.Sk()uby Iocl 24, 202.5 12..22'.00 GMT+ll
Mr H•nrlk Skouby, Tr•a8urnr
Page 4

The Benevolent Society
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31ST DECEMBER 2024
Independgnt Exarniner'¥ Report to the Trustees of The Benevolent Society
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31
Decernbèr 2024.
R•sponslbllltl•s and Basls of Rèport
As the Trustees of the charity you are responsible for the preparation of the accA)unts in accordance
with the requirements of the Charities Act 2011 'the 2011 Act'i.
I report in respect of my examination of the chanty's accounts carried out under section 145 of the
2011 Act and in carying out my examination I have followed ihe applicable Directions given by the
Charity Commission under section 14515llbl of the 2011 Act.
Ind•p•ndènt Examln•r's Stat•m•nt
Your attention is drawn to the fact that the charity ha8 prepared ihe accounts in accordance with
Accounting and Reporting by Charities.. Statement ol Recommended Practice applicable lo charities
prepanng their accounts in accordance with the Finanaal Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 in preference lo the Accountin9 and Reporting by Charities..
Slaternent ol Recomrnended Prac￿'ce issued on 1 April 21x15 which is referred lo in the extant
regulations but has been withdrawn.
l understand that this has been done in order for the a¢count$ to provide a true and fair vlew In
accordance wth the Generally Accepled Accounting Practice effecbve for reporting periods beginning
on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to ny attentlon in ¢onn8ctlon
with Ihtr &xamin81ion giving m& Cause lo believe th81 in any maierial respect..
1. accounling records were not kept in respect of the charity as required by section 130 of
the 2011 Act., or
2. Ihe accounls do nol accord wrth those records.. or
3. the aeeounts do not comply wilh thè applicable requifemenls ¢oncerning the fom 8n¢J
conlent of accounts set out in the Chanlies (Accounts and Reportsl Regulations 2008
other than any requirement Ihat the accounts give a 'true and fair, view which is not a
matter considered as part of an independent examinats"on.
I have no concerns and have come across no other rn8lters in connection wth the exarnin8tion I
which altenlion should be drawn in this report in order to enable a proper undefstanding of Ihe
accounts to be reached.
Signed..
Dated.. 2911012025
Matt Doyle-Healey
FCCA
Crowe U.K. LLP
Charte￿￿ Accountants
Black Country House
Rounds Green Road
Oldbury
West Midlands
869 2DG
Page 5

The Benevolent Society
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorporating Income and Expenditu￿ Accountl
FOR THE YEAR ENDED 31ST DECEMBER 2024
unr￿tricted
fund¥
Re¥tri¢ted
fund¥
Total funds
Total
2024
2024
2024
As fftstated
2023
Notè
Incomè from..
Subs¢riplion$, donations
and legacies
Other trading activities
Investrnents
Total Ineom•
53.597
53.597
32,419
65,011
65,011
54,256
30. 126
176,801
147 074
147 074
Exp8ndltur• on..
R8ising funds..
Investment management
fees
Charitable activities
Totsl expendlture
5,307
5,307
5,369
215616
220 923
215 616
220 923
187. 66Q
193.029
N•t proflUI10•81 b•lor•
Inv•8tm•nt galn8
Net gainslllossesl on
investments
N•t Incomè bèfor• Olh¢r
rècognl#•d g•in$ ond
loase#
173,8491
{73,8491
176,2281
12
61,193
61,193
2T, 605
112,6561
112,6561
148,625)
Net movement In fund¥
112.6561
112.6561
(48,623)
R•coneiliation of funds=
Totsl funds brought
fO￿ard
Total fund$ carri•d
forward
970.929
970.929
1,019.552
958,273
958,273
970.929
All actiwties relate to continuing tspèrations.
The Statement of Finanual Activities indudes all gains and losses recognised in the period.
The notes on pages 8 to 15 lom part of these finanaal staten*nts.
Page 6

The Benevolent Society
BALANCE SHEET
AS AT 31ST DECEMBER 2024
2024
2023
Note
Fixed a¥89ts
Investments
12
910,385
904.563
Currgnt a¥¥gt¥
Debtors
13
64,463
32.314
Cash at bank and in hand
44, 389
74,260
76. 703
Creditors.. amounts fallin9
due within one year
14
26.372
10, 337
Net current a88ets
66,366
Net 488•t•
958 273
970.929
Chorbty Fund•
Restricted funds
Unrestricted funds
16
16
958 273
970.929
Totsl fund•
958 273
970.929
The financial statements were approved by the Tru$iee$ on 241ionois
behalf, by.,
and signed on Ih&if
It.SkoMb
H.Skouby Ioct 24. 2025 12..22 1'.11-UT- II
Mr Henrlk Skouby, Treasurer
The notes on pages 8 to 15 lorm part of these finanrial stateTh*nts.
Page 7

The Benevolent Society
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
Accountlng Pollcles
1.1 Legal ststus of the Charity
The Benevolent Society is a charity consts"tuted by a Deed of Trust in England, whose principal
office is Federation House. 10 Vyse Street. Birmingham. B18 6LT. It ha5 no share c8Pit81. Its
principal activity is to as51St financially persons. or their dependants. working or previousty
having worked in the trades embraced by the British ￿lled Tiades Federation.
1.2 Basls ol prepara￿On of Ilnanclal statements
The financial statements have been prepared under the historical o)st convention wth iterns
recognised at cost or transaction value unless otherwise stated in the relevant notes to these
accounts. The financial statements have been prepared in accortJance with the Statement of
Recommended Practi¢e." Accountsng and Reportin9 ty Chaiits'es prèparing thèir accounts in
accordance with the Financi81 Reporting Stsndard applicable in the UK and Republic of Ireland
IFRS 1021 issued on 16 July 2014 (effective 1 January 20191 and Financial Reporting Standard
applicable in the Uniled Kingdom and Republic of Ireland IFRS 1021 and Charities Act 2011.
The 8$nevolenl So¢i$ty ¢on$lilute$ a publi¢ benefrt entity as ¢J&fin$d by FRS 102.
1.3 Fund accounllng
General lunds are unrèstricled fund$ which are availabl• for us• at thè discr•llon of the
Trustees in furtherance of the general objectives ol the charity and which have not been
designated for other purposes.
Restricted funds are lunds which are to be used in accordance wth specific restrictions
imposed by donors or vthi¢h have been r8ised by the Chaiity for particular purptsses. The costs
of raising and administering such funds are charged against Ihe specific fund. The time and use
of each restricted fund is set out in the notes to the financial statements.
1.4 Income
All income is recognised once Ihe ¢harty has efttrfemenl to Ihe in¢on*. it is probable that the
income wll be received. and the amount of incoffe receivable can be measured reliabty.
Forlegaeies. èntitlèment is takèn as the è8rfier of thè dale on which èither." tho Charity is awar&
Ih8t probate has been granted. the eslale has been fin81ised an(J notific3lion h85 been made by
the executorls) to the Trust thal a dIstrib￿lon will be made. or when a distribution is received
from the estate. Receipt ol a legacy. in whole or in part. is only considered probable when the
amount can be measured reliably, and the charrty has been notified of the executors intents.on
lo make a distribution. Where legacie5 have been nOti￿d to the tharity. or the Gharity 15 aware
of the granling of probate. and the crrteria for income recognition have not been met. then the
legacy is treated as a contsngent assel and disdosed il malerial.
Income tax recoverable In relation lo donalions received under Gth or deeds of covenant is
recognised al the time ol the donation.
Income tax recoverable in relation lo investrnenl income is recognised at the time the
investment income is receivable.
Page 8

The Benevolent Society
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
Accountlng Pollcles Icontlnuedl
1.5 Expenditure
EXpendrtU￿ is recognised once there is a legal of constwctive tsbligats.on to transfer economic
benefit to a third party. it is probable that a transfer of economic benefits wll be required in
settlement and the amounl of the obligation can be ffeasured reliably. Expenditure is classified
by aclivily. The costs of each activity are made up of the lolal of direct costs and shared costs.
including support costs Involved in underlaking each activity. Oirect costs attributable to a single
8¢1ivity 8re 811o¢#ted directty lo th81 activty.
Grants payable 8re ¢h8rged in the year vA*n the offer is mad&.
1.6 Inve8tment•
Fixed asset investrnenls are a form of financial inslnjmenl and are initially recognised al their
transaction cost and subsequentty measured al fair value at the Balance sheet date, unless fair
value cannot be measured reliably in which case il is measured al cost less impaimient.
Investment gains and losses, whether realised or unrealised, are combined and shown in the
headin9'G8inslllosse$l on investrrenls. in the Slalemenl of financial 8clivilies.
1.7 Inter•8t r¢¢trlv•bltr
Interest on funds held on deposit is induded when receivable and the amount Can be measured
reliably by the ¢h¥rity", Ihis is normally upon nob"fi¢albon of th$ int&rest paid or payablè by ¢h&
Bank.
1.8 Debtor¥
Trade and other debtors are reco9nised al the settlement amount after any trade discount
offered. Prepaymtrnts are valued 81 the amounl nel of •ny trad& discL)unls due.
1.9 Cash at Bank and In hand
Cash al bank and in hand Includes cash and short temi highly liquid investments wth a short
maturity ol thr*& monlhs or le$$ from the date of 8¢qui$ibon oi opening of the deposrt or $imil8r
account.
1.10 Llabllltles and provlslon¥
Liabilities are recognised when th6r¥ 1$ an obligation at thè Bal8nc8 shèat date as a result of a past
event. il is probable Ihat a Iransler of economic benefit will be required in settlement. and the
amounl of tre settlement can be estimated reliably. Liabilities Jre recognised at the amount that the
charity anticipates il will pay lo sellle Ihe debt or the amount rt has ￿ceiVed as advanced payments
for the goods or services rt must prowde. Prowsions are measured at the best estimate of the
amounts required to settle the obligation. Where the effed of the tirwie v81ue of money is tnaterial,
the provision is based on Ihe present value of Ih05e amounts. discounted at the pre tax discount rate
that reflects the risks specific to the liability. The unwinding of the discount is fecognised within
interest payable and similar charges.
1.11 Flnanclal Instruments
The charity only has financial assets and finanrial liabilibes of a kind that qualify a5 basic
financial instruments. Basic financial instnjments a￿ initially recognised at transacl'on value
and subsequentty at their settlement value at the balance sheet date.
Page 9

The 88nevol8nt Socl
NOTES TO THE FINANCIAL STATEMENTS
FOR The YEAR ENDED 31ST DECEMBER 2024
Accountlng PolIc￿$ Icontlnuedl
1.12 Critlcal accounting estimatss and arnas of judgement
E51irnaie5 and judgements are conlinualty evaluald and a￿ based M h6tori¢•l experienee and other fathots.
including expeLlalion5 of future even15 Ihat are belwd to be reasonabk underlhe tsrGum$tsnrEs. The
company ha5 not made any accounliry e5bmate5 or assumption5.
1.13 Golng Concem
The Tiuslees believe that there are no material uncertsin￿$ th* call into doubl the Charity's abilityto continue
¥$ a going concern and Ihe ac¢wnts have therefore been prepartrj on IIE g￿n9 ￿n￿r￿ basLS.
1.14 Prfor year adlustsn8nt
A prior year adiuslmerit was mad& ￿ gross up ball ifi¢•me (wts. and other evert intx*ne and co$ts. which
were previously netled. This Increased both incorne ar￿ expenditure by £24,527 for the year ended 31
December 2023. Comparative5 have restated." fundraising income from £29,72910 £54.2￿ and ball and
other event costs frorn £NIL lo £24,527. There ¥we no changes lo year end reseNes.
2. Income from 8ub8crlp￿oTr5, donatlon8 and ￿￿¢008
Vnmlrfcw Restrfetad
nds
nd8
Totsl
funds
Total
lund5
A5 rnStat•d
2023
2024
2024
2024
From M￿bern and 8ssoaat* memt¢r8 ol BATF
Brili$h Allied Trade$ Federation
The GfftWo￿ A$$oo81i¢n
Gold$milh$
Lega¢ie$
Various donaiiort$
Totsl don¥iion• •nd hg•¢l••
20,220
1.860
15S
25,000
20,220
1,860
156
25,000
500
21.492
4.490
t.570
4.867
In 2024, of the lelal incom8 from donations aThJ *c￿. £53.597 wa5 to unrestricted funds12023. £32,419) and £NIL
was lo restricted funds12023.. £NILI
3. Fundr31slng Incomo
Unrn8trlcted Restslcted
fvnd¥
lund
Total
Total
lund5
As ￿sE￿ted
2023
2024
2024
2024
58.256
58,256
51,749
2.507
Fundraising Meal
Total furbdralslng Income
In 2024, of the total Income from othertrading a(ANit￿$. £65.011 was to unrestricled fut)ds12023. £54.25el and £NIL
was lo reslricted fur￿$(2023 £NILI.
Ther? has ￿en an adjustment lo Ihe pr*N ￿ar comparalNes to gross up ball inojme and costs. which histor￿alty
net off against each other. There has been no overall charwJe tothe reseryes at the year end 31 De￿Mber 2023.
Note". the above aGbvitie5 are mostty undertaken byslaff arKI mernber5 of Btilish Tr*le5 F￿eratiOn forthe
5pecrf￿ t)enefrt ofthe ￿ety.
P*Je 10

The Benevolent Society
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
Investment income
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Tol81
funds
2023
Dividends and Inte￿St receivable.
30. 126
Total Invéstmènt Incom•
30 126
In 2024, of the total inveslrrent income. £28.46612023' £30.126I was lo unreslricted funds and £NIL
12023.. £Nill was to restncted funds.
Dlroet eo8t8
Unr•strl¢t•d
funds
Ro•tri¢t•d
funds
Totsl
Total
As re$18t8d
2023
2024
2024
2024
Bursaries
Grants to beneficiaries
Hardship Fund
81.998
59.370
81.998
59.370
7.300
25.574
20.033
1.748
43,300
63,547
33, 750
22.655
7,872
25.574
20.033
1,748
Other events
Other
Total dlr•ct eO8t8
196 023
165 924
43 individuals benefited from grants made in 202412023.. 371 amounting to £66,67012023'. £97,297).
There has been an adjusiment to the prior year comparalives to gross up ball Income and costs,
which were histoncally net off against each tsther. There has been no overall change to the reseNès
81 the year end 31 December 2023.
Page 11

The Benevolent Society
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
6. Support ¢oBts
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
Total
2023
Secretarial fees
Event organisers
Visiting fees
Insurance
Marketing
Printsng and stationery
Mis¢¥llane¢us
7,500
904
4.588
1,660
1,950
7,428
4.588
1.639
4,588
1,950
555
555
3,967
Total oupport co•t•
7. Governanc? costs
Unrnstdct•d
funds
2024
RMtrlet•d
funds
2024
Tol81
nds
2023
Total
2024
Independent examination fee
Meeting expenstrs
1,860
573
1,660
573
7,990
624
Total governance costs
8. AnalyBIB ol resources expended by expendlture type
Other costs
Total
As restated
2023
2024
Expènditure on investment management
6.307
5,369
C08t of generatlng funds
5,307
5.369
Direct and support costs
Expendituie on 9ovemance
213,183
2,433
185.Q46
2.614
Total expenditure
220 923
193 029
Page 12

The Benevolent Society
NOTES TO THE FINANCiAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
9. Net Incomlng re$our¢esl Iresources expended)
During the year. no Trustees ￿ceIve(l any ￿muneratiOn12023." £NILI.
During the year. no Trustee5 ￿￿1ved any benefits In kind12023 £NILI.
During the year 2024. 1 Trustee rer£ived £514 in reirnbursement oftravel costs to meetings12023.. £4881.
10. Independent Examlneffs ltmunerd￿on
The Independent Ex3minerf5 remuneration amount5 to £1,55012023". £1,659>
11. Stsff co8ts
The charity ha¥ no employees otherthan the Tntstee5, did not recei¥e any remunerafr'on12023
£NILI.
12. Flxed Agsets
Llltod
8•curftle8
2024
Markèt Valu•
At 1st January 2023
Adiyitions
Disposals
Net mov•m•nts in eash
Net gainlllossl on investmtnts
904,S83
167,1891
1,798
At 31st Oecernber 2024
910 385
Hi¥lori¢ cost
Inveslrnents at mawket valuo compr5Bè-
UK
Overseas
2024
2023
Listed inveslrnents
436 769
473.616
910 38$
904.653
13. D•btorn- amounts falling du• in on• y•ar
2024
2023
Bntish All￿ Trade5 Fe(Serabon
Other debtor5
Prepayrnents and a¢rJued income
46,466
200
22,337
2(KJ
9, 777
Totsl debtors
Page13

The Benevoknt Society
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
14. Creditorn-. Amounts falling duo within one yoar
2024
2023
Other creditors
26.372
10,337
Total creditord
2024
2023
Delerrecj income at 1 January 2024
Resources delerred in the year
Amounts reknased Ircm prewous periods
0.239
7.416
16.2391
4.675
6.239
14.6751
Dgfgrrgd In¢omg ot 31 Dg¢•mbgr 2024
7.416
6.239
15 Stst•m•nt ol fund8
Currnnt Y•ar
Brought
forw•rd
2023
Galn
Carrf•d
forwgrd
2024
In¢om•
2024
exp•ndfjtuM
2024
2024
Unre8trlcted lund8
Ger*ral fund$-
all fund$
970.929
147.074
1220.9231
61,193
958.273
Total fundJ
970,929
147,074
1220,9231
61,193
968,273
Prlor Year
Brought
fo￿￿1£1
Gwn
fk)ss6s)
Cgrried
AS fgstatod
2023
As r&slaled
2033
2022
2023
2023
Unrestricted funds
Gereral ftJnds-
all funds
1.019,552
116.801
193,029
27.605
9T0,929
Total funds
1,019,552
92.274
1168,5021
27.605
970,929
Page 14

The Benevolent Society
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
16. Analy¥i¥ of ngt a¥8ets betsgen fund¥
Unrestricted
funds
Restricted
funds
Total
funds
Total
As reslated
2023
2024
2024
2024
Fixed assèt invèstments
Current assets
Creditors due wthin one year
910,38S
74,260
126.372}
910.385
74,260
126,3721
904,563
76, 703
{10.337J
958.273
958,273
970.929
17. R•lat•d pabty tran8actlon8
British Allied Trades Federation provides accountancy adminislralion to The Benevolent Society. During
the year British Allied Trades Federation donated £1.860 to The Benevolent Society12023". £4.4901.
British Allied Tr8de$ Federalion also provided 8 £10,000 Sponsorship Iow8rds the b811 in the year. Al the
year end outstanding debtors comprised £46.45612023.' £22.337).
Page 15