2024-06-30-accounts - The Pocket Testament League Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

THE POCKET TESTAMENT LEAGUE LTD Report and Accounts year ended 30 June 2024

Company registration number: 1461289

Charity registration number: 281910

THE POCKET TESTAMENT LEAGUE LTD

FOR THE YEAR ENDED 30 JUNE 2024

Contents	Page
Company Information	1
Trustees' Annual Report	2-3
Independent Examiner's Report	4
Statement of Financial Activities	5
Balance Sheet	6
Notes to the Accounts	7-12
Detailed Statement of Financial Activities with Comparatives	13

THE POCKET TESTAMENT LEAGUE LIMITED

TRUSTEES' ANNUAL REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 30 JUNE 2024

The trustees, who are the charity’s directors for the purposes of company law, present their report and accounts for the year ended 30 June 2024.

Objectives and activities

The UK has historically benefited from a strong Biblical foundation, providing a value base that builds strong families and society. As our culture has grown more secular, there has been a decline in this Biblical foundation, and our society is paying the price. Additionally, much of the recent immigration has been from countries which have very little historical exposure to the Bible and the values it offers. The Pocket Testament League (also using the name "Bridge Builders") desires to address these issues, helping people find peace with their Creator, and purpose for their lives.

The Pocket Testament League’s mission is to mobilise and equip Christians to read, carry, and share the Word of God. We encourage members to dedicate a pocket to the Lord, to carry a small Gospel of John in that pocket, and to look for opportunities to share the Word of God as God guides them. Our vision is to recruit 100,000 supporters who will bring the Bible back to the UK in a powerful, and very personal way. Our long-term vision is to champion the Word of God, and to encourage everyone to read it for themselves.

The directors have determined to keep the activities undertaken under review in considering the Charity Commission's guidance on public benefit, and, in particular, the specific guidance on charities for the advancement of religion. The charity undertakes a number of activities in order to achieve these objectives and is committed to ensuring that these activities are open to all in their communities in addition to being available via Christian church fellowships.

The organisation continues to:

Recruit supporters who will share the Word of God. These ‘members of the movement’ are recruited using social media, church presentations, and strategic partnerships.
Print and provide Gospels of John with attractive covers, along with other Christian publications. We will send them for free to any who ask.
Communicate regularly with supporters through email and social media, sharing inspirational stories and evangelism ideas from other members of the movement.
Create custom Gospels of John for churches, ministries, businesses, and individuals to encourage them to share the Word of God.

Achievements and performance

During the past 4 years we have recruited more than 25,000 supporters who have joined the movement to bring the Bible back to the UK. Over that period we have also expanded our Gospel offerings from just four cover designs to more than four dozen, adding foreign language Gospels to our range, including Arabic, Farsi, Finnish, French, Lithuanian, Luganda, Polish, Portuguese, Malagasy, Runyakore-Rukiga, Spanish, Swahili, Swedish, Welsh and Ukrainian to better reach a wider and more diverse population in the UK and overseas.

Thanks to the help of our donors, partners and supporters, The Pocket Testament League continues to develop and grow. In the year to the end of June 2024 we distributed more than 680,000 Gospels in the UK, Europe, the Middle East, Africa and South America, with more than 395,000 being shared in the UK alone. A highlight this year was the publication of more than 25,000 Olympic themed Gospels for distribution in the UK during the Paris Olympics.

Our Gospels and booklets have been stored and sent out by Verité in West Sussex, a Christian company, that has also printed and mailed out periodic magazines and other mailings on our behalf. Our office is linked to Verité by an administrative website.

PTL ministries in India again greatly benefited from generous donations, with £40,500 being donated to the work in India during the last year.

A closer working relationship with PTL in the United States was established in 2018 which has resulted in an improvement in the use of internet technologies, access to branding and new translations, and logistical assistance overseas.

Funds from generous US supporters continues to help the charity to grow and develop. This has enabled us to invest in Facebook advertising to improving our ability to promote literature, broaden the products available, increase ordering volumes, draw new supporters. The financial accounts reflect the value of donated resources for Facebook recruitment, website development, travel and Gospels printed.

The directors remain grateful to all our supporters for their continued prayer, financial giving and partnership in sharing

THE POCKET TESTAMENT LEAGUE LIMITED

TRUSTEES' ANNUAL REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

Financial review

The directors are reporting a surplus for the year of £35,399 (2023: surplus £66,930). Reserves have built up during the year for future use on planned global gospel distribution with the result that unrestricted reserves have increased from £145,918 at the beginning of the year to £162,364 at the end of the financial year.

Donations continue to be made to support new and ongoing gospel projects. It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to at least between three and six months of unrestricted fund expenditure. The directors consider that reserves at this level will ensure that, in the event of a significant fall in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. The level of reserves held at the end of the year represented over 12 months' expenditure.

Reference and administrative information is provided on the page following the cover sheet.

The directors have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

The Pocket Testament League is a company limited by guarantee.

Directors are appointed and removed in accordance with the company's memorandum and articles of association by members at a general meeting. Existing directors may appoint directors at a meeting of the board.

None of the directors has any beneficial interest in the company. All of the directors are members of the company and guarantee to contribute £1 in the event of a winding up.

Responsibilities of trustees under company law

The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP
make judgements and estimates that are reasonable and prudent;
state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the trustees and signed on their behalf by:

MA Wiltshire

.............................. MA Wiltshire (Feb 28, 2025 11:16 GMT) M A Wiltshire Director (Chair.) Dated: Feb 28, 2025

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

THE POCKET TESTAMENT LEAGUE LTD

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2024 on pages 5 to 13 following, which have been prepared on the basis of the accounting policies set out on pages 7 to 8.

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

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England & Wales, which is one of the listed bodies.

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:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
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
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.

Sarah Crispin

Sarah Crispin (Mar 17, 2025 10:50 GMT)

Sarah Crispin ACA Institute of Chartered Accountants in England & Wales

Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: Mar 17, 2025

Page 4

THE POCKET TESTAMENT LEAGUE LTD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 JUNE 2024

Note INCOME AND ENDOWMENTS FROM: Donations & Legacies 3 Investments 4 Total income and endowments EXPENDITURE ON: Charitable activities 5 Total expenditure Net gains/(losses) on investments Net income/(expenditure) Transfers between funds 13 Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 13	Unrestricted Funds £ 161,904 2,433 164,337 147,891 147,891 - 16,446 - 16,446 145,918 162,364	Restricted Funds £ 210,221 - 210,221 191,268 191,268 - 18,953 - 18,953 69,254 88,207	Total Funds 2024 £ 372,125 2,433 374,558 339,159 339,159 - 35,399 - 35,399 215,172 250,571	Total Funds 2023 £ 400,280 31
				400,311
				333,381
				333,381
				-
				66,930 -
				66,930 148,242
				215,172

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

The notes on pages 7-12 form part of these accounts.

Page 5

THE POCKET TESTAMENT LEAGUE LTD

BALANCE SHEET

AS AT 30 JUNE 2024

Note FIXED ASSETS Tangible assets 7 CURRENT ASSETS Stock 8 Debtors 9 Cash at bank and in hand 10 CREDITORS: Amounts falling due within one year 11 Net current assets / (liabilities) Total assets less current liabilities TOTAL NET ASSETS FUND BALANCES 13 Unrestricted Funds Restricted Funds	Unrestricted Funds £ - - 30,525 6,606 154,303 191,434 (29,070) 162,364 162,364 162,364 162,364 - 162,364	Restricted Funds £ - - - 36,026 85,889 121,916 (33,708) 88,207 88,207 88,207 - 88,207 88,207	Total Funds 2024 £ - - 30,525 42,632 240,192 313,349 (62,778) 250,571 250,571 250,571 162,364 88,207 250,571	Total Funds 2023 £ 377
				377
				30,205 1,555 208,755
				240,515 (25,720)
				214,795

				215,172
				215,172
				145,918 69,254
				215,172

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities

(a) ensuring that the charitable company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(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 net income or expenditure 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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors and were signed on its behalf by:

MA Wiltshire MA Wiltshire (Feb 28, 2025 11:16 GMT) M A Wiltshire

Date: Feb 28, 2025

Company number: 1461289

Charity number: 281910

The notes on pages 7-12 form part of these accounts.

Page 6

THE POCKET TESTAMENT LEAGUE LTD

NOTES TO THE ACCOUNTS

1 Statutory Information

The Pocket Testament League Ltd is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations includes:

i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.
ii) Donated goods and services. For 2021 represent the estimated value of literature purchased on the UK charity's behalf together with costs of developing and maintaining the charity's website and Facebook presence as well as the costs of travel of personnel seconded to assist in the UK.This value has been included in voluntary income in the Statement of Financial Activities.

c) Expenditure Expenditure, including any VAT which cannot be recovered, is accounted for on an accruals basis and allocated to the appropriate heading in the accounts. Staff costs and other administration costs are allocated to support costs on the basis of time taken. Bookkeeping costs are allocated to the overseas activity on the basis of time taken. Governance costs include those incurred with the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements.

Grants and donations payable are taken into account at the earlier of when they are paid or become legally enforceable.

d) Fund accounting

Unrestricted funds are available for use at the discretion of the directors in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used.

e) Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:-

Computers Over 3 years

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 the statement of financial activities.

THE POCKET TESTAMENT LEAGUE LTD

NOTES TO THE ACCOUNTS

h) Pension scheme arrangements

Payments to defined contribution reitrement benefit schemes are charged as an expense as they fall due.

i) Taxation The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

j) Financial instruments
The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).
k) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

l) Commitments for future expenditure Other than the normal commitments under contracts of employment there are no contractual or constructive obligations to future expenditure at the balance sheet date. Where the directors have authorised expenditure which is not yet legally enforceable or become constructive obligations amounts are set aside into funds designated for the purpose.
m) Critical accounting estimates and areas of judgement
The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.

3 Donations & Legacies Donations and gifts Literature donations Legacies receivable Income tax recoverable 4 Investment income Bank interest 5 Charitable activities a Costs incurred directly on specific activities Staff costs Depreciation and impairment Literature purchases and stock movement Newsletter Travelling expenses Storage Processing costs Postage and stationery Member recruitment and mobilisation Grants (see note 4c)	Total 2024 £ 281,380 73,587 10,228 6,930 372,125 2024 £ 2,433 2,433 Total 2024 £ 23,341 377 161,229 6,354 6,512 8,028 17,537 20,757 12,399 256,534 42,000 298,534	Total 2023 £ 305,891 88,120 - 6,269
		400,280
		2023 £ 31
		31
		Total 2023 £ 21,480 734 134,830 3,384 6,279 6,780 31,321 31,709 13,136
		249,653 43,750
		293,403

THE POCKET TESTAMENT LEAGUE LTD

NOTES TO THE ACCOUNTS

c Grants payable

Grants for PTL India The Evans Robert Institute The comparatives for the previous year are as follows: Grants for PTL India Gross wages and salaries Pension costs Analysis of staff costs, the cost of key management personnel and trustee remuneration	Institutions £ 40,500 1,500 42,000 Institutions £ 43,750 2024 £ 26,899 2,290 29,189	2024 £ 40,500 1,500
		42,000
		2023 £ 43,750
		2023 £ 23,830 2,183
		26,013

6 Analysis of staff costs, the cost of key management personnel and trustee remuneration

The average monthly number of employees during the year was 2 (2023: 2). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

No trustees received employment benefits in either the current or preceding year.

During the year key management received employment benefits totalling £23,488 (2023: £21,480).

7 Tangible fixed assets

Cost At 1 July 2023 Additions At 30 June 2024 Accumulated depreciation At 1 July 2023 Charge for the year At 30 June 2024 Net book value At 30 June 2024 At 30 June 2023 Stock Literature	Computers £ 2,201 - 2,201 1,824 377 2,201 - 377 2024 £ 30,525 30,525	Total 2024 £ 2,201 -
		2,201
		1,824 377
		2,201
		-
		377
		2023 £ 30,205
		30,205

8 Stock

THE POCKET TESTAMENT LEAGUE LTD

NOTES TO THE ACCOUNTS

9 Debtors

tors
Falling due within one year: Tax recoverable Other debtors Accrued income Prepayments Total debtors	2024 £ 2,018 841 39,427 346 42,632	2023 £ 448 774 - 333
		1,555

10 Cash at Bank and in Hand

h at Bank and in Hand
Cash at bank with immediate access itors: liabilities falling due within one year Taxation and social security Other creditors Accruals	2024 £ 240,192 2024 £ 773 60,121 1,884 62,778	2023 £ 208,755
		2023 £ 706 23,201 1,813
		25,720

11 Creditors: liabilities falling due within one year

12 Pension commitments

During the year employer's pension contributions totalling £2,793 (2023: £2,183) were payable to defined contribution personal pension schemes. Pension contributions of £213 (2023: £650) were owing at the balance sheet date.

13 Funds

During the year the movements in the charity's funds were as follows:

Unrestricted Funds Restricted Funds PTL India Salary support Travel support Argentina Christmas gospels English gospels English / Welsh evangelists Finland gospels Football Euros gospels Herald Trust Israel gospels Lake Victoria Olympic gospels Panama gospels Papua New Guinea gospels Polish gospels Prayer breakfast gospels Scottish gospels Spanish gospels Swedish gospels Ugandan gospels Ukraine gospels Welsh gospels Aggregate of funds	Opening balance 2024 £ 145,918 711 46,236 2,324 - - - - - - - - - - 5,491 - 808 4,849 - - 8,835 - - - 69,254 215,172	Incoming resources 2024 £ 164,337 41,710 30,766 - 4,964 8,271 8,914 4,195 8,141 5,155 5,308 22,898 8,141 6,911 - 8,442 - 1,289 23,494 1,575 - 3,093 15,022 1,933 210,221 374,558	Outgoing resources 2024 £ (147,891) (40,500) (29,854) (2,324) (4,964) (8,271) (8,914) (4,195) (8,141) (5,155) (5,308) - (8,141) (6,155) (5,491) - (808) (4,851) (23,494) (1,575) (8,835) (1,276) (11,084) (1,933) (191,268) (339,159)	Closing balance 2024 £ 162,364
				1,921 47,149 - - - - - - - - 22,898 - 756 - 8,442 - 1,286 - - - 1,817 3,938 -
				88,207
				250,571

Aggregate of funds

THE POCKET TESTAMENT LEAGUE LTD

NOTES TO THE ACCOUNTS

Restricted funds

PTL India is a sister church and evangelistic organisation in India. The Salary Support fund is to help towards the salary cost of the chief executive officer. The Travel Support fund is to help towards the travel costs of the chief executive officer. The Argentina fund is to help fund the supply of gospels in Argentina.

The Christmas gospels fund is to help fund the supply of Christmas booklets and gospels. The English gospels fund is to help fund the supply of gospels in England.

The English / Welsh evangelists fund is to help fund the supply of gospels in England and Wales The Finland gospels fund is to help fund the supply of gospels to Finland. The Football Euros gospels fund is to help fund the supply of Football Euros gospels. The Herald Trust fund is to help fund the supply of gospels in Scotland. The Israel gospels fund is to help fund the supply of gospels in Israel. The Lake Victoria fund is to help fund the supply of gospels in Lake Victoria. The Olympic gospels fund is to help fund the supply of Olympic gospels. The Panama gospels fund is to help fund the supply of gospels in Panama.

The Papua New Guinea gospels fund is to help fund the supply of gospels in Papua New Guinea. The Polish gospels fund is to help fund the supply of gospels in Poland.

The Prayer breakfast gospels fund is to help fund the supply of gospels in prayer breakfasts. The Scottish gospels fund is to help fund the supply of gospels in Scotland. The Spanish gospels fund is to help fund the supply of gospels in Spain. The Swedish gospels fund is to help fund the supply of gospels in Sweden. The Ugandan gospels fund is to help fund the supply of gospels in Uganda. The Ukraine gospels fund is to help fund the supply of gospels in Ukraine. The Welsh gospels fund is to help fund the supply of gospels in Wales.

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Tangible fixed assets Stock Debtors Cash at bank and in hand Creditors falling due within one year	Unrestricted funds £ - 30,525 6,606 154,303 (29,070) 162,364	Restricted funds £ - - 36,026 85,889 (33,708) 88,207	2024 £ - 30,525 42,632 240,192 (62,778)
			250,571

THE POCKET TESTAMENT LEAGUE LTD

NOTES TO THE ACCOUNTS COMPANY INFORMATION

In the previous year the movements in the charity's funds were as follows:

Unrestricted Funds Restricted Funds PTL India Salary support Travel support Colombia gospels Coronation gospels Easter gospels English gospels Faithful Servant Football Worldcup Irish gospels Lake Victoria Panama gospels Polish gospels Prayer breakfast gospels Scottish gospels Swedish gospels Ukraine gospels Welsh gospels Aggregate of funds	Opening balance 2023 £ 119,724 511 10,206 - - - - - - - - - - 3,270 5,696 - 8,835 - - 28,518 148,242	Incoming resources £ 163,513 43,950 62,677 7,959 4,144 49,499 2,952 2,752 21,363 8,288 3,989 8,288 6,621 - - 1,994 - 11,324 997 236,798 400,311	Outgoing resources £ (137,319) (43,750) (26,647) (5,634) (4,144) (49,499) (2,952) (2,752) (21,363) (8,288) (3,989) (8,288) (1,130) (2,462) (848) (1,994) - (11,324) (997) (196,062) (333,381)	Transfers in the year £ - - - - - - - - - - - - - - - - - - - - -	Closing balance 2023 £ 145,918
					711 46,236 2,324 - - - - - - - - 5,491 808 4,848 - 8,835 - -
					69,254
					215,172

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Tangible fixed assets Stock Debtors Cash at bank and in hand Creditors falling due within one year	Unrestricted funds £ 377 30,205 1,505 139,418 (25,587) 145,918	Restricted funds £ - - 50 69,337 (133) 69,254	2023 £ 377 30,205 1,555 208,755 (25,720)
			215,172

14 Transactions with related parties

During the year the charity:
a) received donations totalling £16,838 (2023: £11,078) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).
b) paid expenses totalling £9 (2023: £39) to 1 (2023: 4) trustees for travel and subsistence whilst carrying out duties associated with being trustees; reimbursements for expenses incurred when acting as agent for the charity or incurred when undertaking employment duties not connected with serving as a trustee are not included in this disclosure.

15 Members

Each member of the company commits to contribute if the charity is wound up an amount of £1.

THE POCKET TESTAMENT LEAGUE LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 30 JUNE 2024

Note INCOME AND ENDOWMENTS FROM: Donations & Legacies 3 Investments 4 Total income and endowments EXPENDITURE ON: Charitable activities: 5 Total Expenditure Net income for the year / Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 13		Unrestricted 2024 £ 161,904 2,433 164,337 147,891 147,891 16,446 145,918 162,364	Restricted 2024 £ 210,221 - 210,221 191,268 191,268 18,953 69,254 88,207	Total 2024 £ 372,125 2,433 374,558 339,159 339,159 35,399 215,172 250,571			Unrestricted 2023 £ 163,482 31 163,513 137,319 137,319 26,194 119,724 145,918	Restricted 2023 £ 236,798 - 236,798 196,062 196,062 40,736 28,518 69,254	Total 2023 £ 400,280 31 400,311 333,381 333,381 66,930 148,242 215,172

b Costs incurred on support & administration Governance costs Fee for examining the accounts Staff costs Administrative expenses	1,872 5,848 32,905 40,625 339,159	1,800 4,533 33,645
		39,978
		333,381