REGISTERED COMPANY NUMBER: 00470666 (England and Wales) REGISTERED CHARITY NUMBER: 211093
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
THE BEATRICE HANKEY FOUNDATION LIMITED
Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester Leicestershire LE1 7RU
THE BEATRICE HANKEY FOUNDATION LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
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Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7 to 8
Notes to the Financial Statements 9 to 15
Detailed Statement of Financial Activities 16 to 17
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THE BEATRICE HANKEY FOUNDATION LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. 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
The objectives of the charity are as follows:
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To work for the advancement of the Christian Religion throughout the world.
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To promote any activity designed for the relief of the poor and needy and for help and comfort of the sick and aged throughout the world.
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The advancement of any religious or other charitable object not inconsistent with the foregoing as the Trustees may think fit.
The principal activities undertaken in pursuing the objectives include the following:
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To continue the work of Beatrice and Eva Hankey in connection with the Fellowship known as "The Knighthood" or "Blue Pilgrims".
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To work for the advancement of the Christian religion in co-operation with Christian organisations at home and in the international field.
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To train and send forth persons to act as Christian leaders, teachers and missionaries in deprived areas or where churches need the services of men and women of the Christian vocation.
During the year, we have held three successful weekend length residentials at Hill House, Otterhampton, Werrington, Peterborough and the Ammerdown Centre, near Radstock. All of these help to fulfil our task of furthering the work of the Knighthood and advancing the Christian religion by training and enabling members in their role as Christian leaders and servants.
The BHF underwrites the cost of these meetings, and members of the Knighthood fellowship contribute to the cost as they are able. In this financial year their contributions have covered almost half the cost of the meetings. As a result of this generosity and the work of our investment advisors we have been able to benefit others by making numerous grants to a wide range of charities and individuals helping to advance the Christian religion and to relieve the poor and needy in this country and abroad.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Thus, when considering applications for grant assistance the Council bears in mind the need to ensure the activity benefitted falls within our principal activities and that each grant awarded is of public benefit.
The trustees are reviewing the legal structure that best fits BHF for the foreseeable future. As an initial step towards that, the Annual General Meeting held in August agreed to update the objectives. Those revised objectives were awaiting Charity Commission approval at the end of the year. Further details on the new structure will be provided in the 2025 trustees report.
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THE BEATRICE HANKEY FOUNDATION LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENTS AND PERFORMANCE
While discharging its responsibility to administer the financial funds of the Knighthood, the Council met both face-to-face and virtually on four separate occasions during 2024, including a face-to-face AGM in August 2024.During their February meeting the Council agreed or confirmed policies for Safeguarding, Expenses and Grant making.
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Date Meeting Chair
20 February Council meeting at Charney Manor plus Zoom Mrs W A Hill
20 June Council Meeting - via Zoom Rev G Vye
31 August AGM at the Ammerdown Centre Rev G Vye
16 November Council Meeting - via Zoom Rev DW Faulks
At the AGM, Mrs Wendyanne Hill and Dr Grant Vallance both stepped down as they had reached the end of their
second term of office. Mr Robert (Bob) Dalgleish having been co-opted by the Council in November 2023 was elected
on to the Council. Revd David Faulks and Mrs Tatiana Halliday were both elected to the Council leaving one vacant
position on the Board of Trustees.
Full details on the grants along with the charity's costs and expenditure are set out in the financial accounts that
accompany this report.
The council made grants at all its meetings except in June and at the AGM. A summary of the grants agreed in 2024
set out below.
February 2024
Bethlehem Development Trust £ 500
Assisi Sisters £ 500
Bangladesh Camelot £ 1,500
Chatty Caffi £ 500
Corrymeela Community £ 1,000
Middle East Media (MEM) £ 1,000
Neil Phillimore £ 500
Proclamation Zambia £ 500
Young Knights £1,000
Carers fund Bangladesh £500
November 2024
Carers fund Bangladesh £ 750
The Matthieson Music Trust £ 4,000
Corrymeela Community £ 2,000
Chatty Caffi £ 750
Che Africa £ 1,500
Geoff & Diannah Charitable Trust £ 750
Hope Into Action £ 1,000
Middle East Media (MEM) £1,000
Neil Phillimore £ 750
Anne Plested - Bethlehem Development Trust £ 1,000
Village Rwanda UK £1,500
Sally Childress Free Recovery £ 500
Daniel King £ 1,500
Wincobank Chapel £ 750
Restorative Practice £ 500
Olive Branch £ 500
Victoria White on behalf of a family in Zimbabwe £ 500
Young Knights £1,000
Total £27,750
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At the AGM, Mrs Wendyanne Hill and Dr Grant Vallance both stepped down as they had reached the end of their second term of office. Mr Robert (Bob) Dalgleish having been co-opted by the Council in November 2023 was elected on to the Council. Revd David Faulks and Mrs Tatiana Halliday were both elected to the Council leaving one vacant position on the Board of Trustees.
Full details on the grants along with the charity's costs and expenditure are set out in the financial accounts that accompany this report.
The council made grants at all its meetings except in June and at the AGM. A summary of the grants agreed in 2024 is set out below.
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THE BEATRICE HANKEY FOUNDATION LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
FINANCIAL REVIEW
Reserves policy
The Beatrice Hankey Foundation Limited exists to support the organisation known as the Blue Pilgrims and to make grants to individuals and other charitable organisations in accordance with the terms of its governing document.
Our investment policy states that we require medium risk investments and are looking for some growth in capital and an income of around £30,000 to £35,000 per annum. It is our policy to spend the greater part of this income, in line with the aims of our governing document, whilst ensuring that the bank accounts remain in credit at all times.
At 31 December 2024 the total funds held are £1,298,201. This includes £1,253,924 in an investment portfolio. There are no restricted funds and no tangible fixed assets of significant value.
The amount of reserves remaining after taking into account those held in tangible fixed assets and the investment portfolio equates to £44,277. The charity considers it necessary to hold this level of reserves to enable normal operating activities to continue over a period of up to twelve months. Total resources expended in the year to 31 December 2024 were £65,659 (2023: £58,282).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is a charitable company limited by guarantee and was incorporated on 9 July 1949 and registered as a charity on 17 October 1962. It is governed by a memorandum and articles of association which were amended on 6 September 2003.
The members of the charitable company guarantee to contribute an amount not exceeding £10 to the assets of the charitable company in the event of winding up.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
00470666 (England and Wales)
Registered Charity number
211093
Registered office
Granville Hall Granville Road Leicester Leicestershire LE1 7RU
Trustees
Mrs M A Faulks Rev D W Faulks (appointed 31.8.2024) Dr G D Vallance (resigned 31.8.2024) Mrs W Hill (resigned 31.8.2024) Mrs H Walker Mrs H Maunder Rev G A Vye Ms E J Barton Mr A R Walker Rev R A Sellers Mr J E Sellers Mr R C Dalgleish (appointed 20.2.2024) Mrs T Halliday (appointed 31.8.2024)
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THE BEATRICE HANKEY FOUNDATION LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Company Secretary Mrs P Spivey
Independent Examiner
Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester Leicestershire LE1 7RU
Approved by order of the board of trustees on 27 March 2025 and signed on its behalf by:
Mrs H Walker - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BEATRICE HANKEY FOUNDATION LIMITED
Independent examiner's report to the trustees of The Beatrice Hankey Foundation Limited ('the Company') I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our work, for this report, or for the opinions we have formed.
Mr P Bott FCA BSc (Hons)
Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester Leicestershire LE1 7RU
2 April 2025
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THE BEATRICE HANKEY FOUNDATION LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2024
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities 3 Advancement of Christian religion Investment income 2 Total EXPENDITURE ON Charitable activities 4 Advancement of Christian religion Net gains/(losses) on investments NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2024 Unrestricted fund £ 2,500 10,293 38,470 51,263 65,659 (14,456) (28,852) 1,327,053 1,298,201 |
2023 Total funds £ - 9,299 39,492 48,791 58,282 33,155 23,664 1,303,389 1,327,053 |
|---|---|---|
The notes form part of these financial statements
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THE BEATRICE HANKEY FOUNDATION LIMITED
BALANCE SHEET 31 DECEMBER 2024
| Notes FIXED ASSETS Tangible assets 11 Investments 12 CURRENT ASSETS Debtors 13 Investments 14 Cash at bank CREDITORS Amounts falling due within one year 15 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 16 Unrestricted funds TOTAL FUNDS |
2024 Unrestricted fund £ - 1,253,924 1,253,924 5,696 20,640 21,013 47,349 (3,072) 44,277 1,298,201 1,298,201 1,298,201 1,298,201 |
2023 Total funds £ 660 1,277,729 1,278,389 5,525 20,619 25,424 51,568 (2,904) 48,664 1,327,053 1,327,053 1,327,053 1,327,053 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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THE BEATRICE HANKEY FOUNDATION LIMITED
BALANCE SHEET - continued 31 DECEMBER 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 27 March 2025 and were signed on its behalf by:
Mrs H Walker - Trustee
Mrs M A Faulks - Trustee
The notes form part of these financial statements
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THE BEATRICE HANKEY FOUNDATION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
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.
Voluntary income is received by way of donations and is included in full in the Statements of Financial Activities when receivable.
Investment income is accounted for in the period in which the charity is entitled to receipt.
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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance Computer equipment - 25% on reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
continued...
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THE BEATRICE HANKEY FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES - continued
Fund accounting
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.
Going concern
The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Fixed asset investments
Investments held as fixed assets are re-valued at mid-market value at the balance sheet date and the gain or loss is taken to the Statement of Financial Activities.
2. INVESTMENT INCOME
3.
| Income from listed investments Interest receivable INCOME FROM CHARITABLE ACTIVITIES Activity Assemblies, conferences and meetings Advancement of Christian religion |
2024 £ 38,397 73 38,470 2024 £ 10,293 |
2023 £ 39,263 229 39,492 2023 £ 9,299 |
|---|---|---|
continued...
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THE BEATRICE HANKEY FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
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4. CHARITABLE ACTIVITIES COSTS
Direct Grant Support
Costs (see funding of costs (see
note 5) activities note 6) Totals
£ £ £ £
Advancement of Christian religion 24,720 27,750 13,189 65,659
5. DIRECT COSTS OF CHARITABLE ACTIVITIES
2024 2023
£ £
Leaders, secretarial and treasurers 2,747 1,526
Assemblies, conferences and meetings 21,510 17,036
Newsletters 336 222
Birthday cards 127 200
Depreciation - 220
24,720 19,204
6. SUPPORT COSTS
Governance
Management Finance costs Totals
£ £ £ £
Advancement of Christian religion 9,349 771 3,069 13,189
Support costs, included in the above, are as follows:
2024 2023
Advancement
of
Christian Total
religion activities
£ £
Investment management fees 9,349 9,352
Bank charges 111 182
Loss on sale of tangible fixed assets 660 -
Independent examiners remuneration 3,069 2,903
13,189 12,437
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THE BEATRICE HANKEY FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
7. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
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|---|---|---|
|2024|2023|
|£|£|
|Depreciation - owned assets|-|220|
|Deficit on disposal of fixed assets|660|-|
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8. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
Expenses for travel and meetings amounting to £1,168 (2023: £1,449) was reimbursed trustees.
9. STAFF COSTS
There were no employees during the year.
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - 31 DECEMBER 2023
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|||
|---|---|
|Unrestricted|
|fund|
|£|
|INCOME AND ENDOWMENTS FROM|
|Charitable activities|
|Advancement of Christian religion|9,299|
|Investment income|39,492|
|Total|48,791|
|EXPENDITURE ON|
|Charitable activities|
|Advancement of Christian religion|58,282|
|Net gains on investments|33,155|
|NET INCOME|23,664|
|RECONCILIATION OF FUNDS|
|Total funds brought forward|1,303,389|
|TOTAL FUNDS CARRIED FORWARD|1,327,053|
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THE BEATRICE HANKEY FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
11. TANGIBLE FIXED ASSETS
| 11. TANGIBLE FIXED ASSETS |
11. TANGIBLE FIXED ASSETS |
11. TANGIBLE FIXED ASSETS |
|
|---|---|---|---|
| Office Computer equipment equipment £ £ COST At 1 January 2024 2,211 2,684 Disposals (2,211) (2,684) At 31 December 2024 - - DEPRECIATION At 1 January 2024 1,613 2,622 Eliminated on disposal (1,613) (2,622) At 31 December 2024 - - NET BOOK VALUE At 31 December 2024 - - At 31 December 2023 598 62 12. FIXED ASSET INVESTMENTS FAIR VALUE At 1 January 2024 Additions Disposal Movement in cash Revaluations At 31 December 2024 At 31 December 2024 NET BOOK VALUE At 31 December 2024 At 31 December 2023 During the year, the charity had £522,967 (2023: £445,964) investments outside the UK. There were no material investments held with the investment portfolio. |
Totals £ 4,895 (4,895) - 4,235 (4,235) - - 660 |
||
| Listed investments £ 1,277,729 174,512 (196,339) (22,792) 20,814 1,253,924 Cash £ 1,908 1,253,924 1,277,729 |
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continued...
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THE BEATRICE HANKEY FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
| 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors Prepayments 14. CURRENT ASSET INVESTMENTS Investment in the Shared Interest Foundation of £20,640 (2023: £20,619). 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals and deferred income 16. MOVEMENT IN FUNDS At 1.1.24 £ Unrestricted funds General fund 1,327,053 TOTAL FUNDS 1,327,053 Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 51,263 (65,659) TOTAL FUNDS 51,263 (65,659) |
2024 £ 2,949 2,747 5,696 2024 £ 3,072 Net movement in funds £ (28,852) (28,852) Gains and losses £ (14,456) (14,456) |
2023 £ 3,515 2,010 5,525 2023 £ 2,904 At 31.12.24 £ 1,298,201 1,298,201 Movement in funds £ (28,852) (28,852) |
|---|---|---|
continued...
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THE BEATRICE HANKEY FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
16. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund TOTAL FUNDS Comparative net movement in funds, included in the above are as Incoming resources £ Unrestricted funds General fund 48,791 TOTAL FUNDS 48,791 |
At 1.1.23 £ 1,303,389 1,303,389 follows: Resources expended £ (58,282) (58,282) |
Net movement in funds £ 23,664 23,664 Gains and losses £ 33,155 33,155 |
At 31.12.23 £ 1,327,053 1,327,053 Movement in funds £ 23,664 23,664 |
|---|---|---|---|
17. RELATED PARTY DISCLOSURES
There were no disclosable related party transactions during the year (2023- none).
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THE BEATRICE HANKEY FOUNDATION LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| INCOME AND ENDOWMENTS Donations and legacies Donations Investment income Income from listed investments Interest receivable |
2024 2023 £ £ 2,500 - 38,397 39,263 73 229 |
|---|---|
| Charitable activities Assemblies, conferences and meetings |
38,470 39,492 10,293 9,299 |
| Total incoming resources EXPENDITURE Charitable activities Leaders, secretarial and treasurers expenses Assemblies, conferences and meetings Newsletters Birthday cards Office equipment depreciation Computer equipment depreciation Grant funding of activities |
51,263 48,791 2,747 1,526 21,510 17,036 336 222 127 200 - 199 - 21 27,750 26,641 |
| Support costs Management Investment management fees Finance Bank charges Loss on sale of tangible fixed assets |
52,470 45,845 9,349 9,352 111 182 660 - |
| Governance costs Independent examiners remuneration |
771 182 3,069 2,903 |
| Total resources expended | 65,659 58,282 |
| Net expenditure before gains and losses | (14,396) (9,491) |
This page does not form part of the statutory financial statements
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THE BEATRICE HANKEY FOUNDATION LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| Realised recognised gains and losses Realised gains/(losses) on fixed asset investments |
2024 2023 £ £ (14,456) 33,155 |
|---|---|
| Net (expenditure)/income | (28,852) 23,664 |
This page does not form part of the statutory financial statements
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