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|Gontents||
|---|---|
||Page|
|Trustees'report|2|
|lndependentexaminer'sreport|6|
|Statement offinancialactivities|I|
|Balance sheet|9|
|Statement of cash flows|10|
|Notes to thefinancialstatements|11|





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||2023124|2022123|
|---|---|---|
|Spend matching staff donations|836,626|t21,721|
|Averagedonationby colleague|î732|Ê189|
|Project grant donations|f43,000|163,000|
|Double-matching campaignforTurkeyand|nla|Ê11,055|
|Syria Earthquake Appeal|||
|Give AsYouEarn (UKtaxefficient donation)|825 176|t21,545|



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|Trustee|Startdate|Gurrent termend date|
|---|---|---|
|MichaelThomas(Chair)|1 Februarv 2022|31 March2O26|
|Colm Kinsella|IFebruarv2022|31 March2Q26|
|Sarah Birke|1Mav 2022|31 March2O26|
|Shane Nauqhton(external)|1Februaw2Q22|31March 2026|
|Heena Sharma|1Februarv2023|31 March2027|
|Emily Mansfield<br>Edward Chui|1Februarv 2023<br>IApril2024|31 March2027<br>31March 2029|
|Sarah Repucci|1Aoril2O24|31March 2029|



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Date: 4 November 2024 



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|For theyearended March31s|t2024|||||
|---|---|---|---|---|---|
|||||2024|2s23|
|||Unrestricted|Restricted|Total|Total|
||Note|€|I|€|€|
|lncome from:||||||
|Donations|3|104,000||104,000|88,974|
|Totalincome||104,000||104,000||
|Expenditure on:||||||
|Charitable activities|4|104,802||104.802|117,321|
|Total expenditure||104,802||104.802|117,321|
|Netmovementinfunds||(802)||(802)|(28,347)|
|Reconciliationoffunds:||||||
|Totalfundsbrought forward|9|'l,409||1,408|29,755|
|Total funds carried forward||606||606|1,408|





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|TheEconomistGharitableTrust<br>Balance sheet<br>Asat March31st2024||||||
|---|---|---|---|---|---|
|||2024|2024|2023|202?|
||Note|E|Ê|Ê|Ê|
|Gurrentassets:||||||
|Debtors|7|65,223||89,327||
|Cashatþankandin hand|11|170||169||
|||65,393||89,496||
|Liabilities:||||||
|Creditors: amountsfallingdue within oneyear|I|(64,7871||(88,088)||
|Totalnetassets|||606||1,408|
|Funds|I|||||
|Restricted funds||||||
|Unrestricted funds:||||||
|Generalfunds||606||1,408||
|Total unrestrictedfunds|||606||1,408|
|Totalfunds|||606||1,408|





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|TheEconomistGharitableTrust<br>Statementofcashflows<br>FortheyearendedMarch31st2024||||||
|---|---|---|---|---|---|
||Note|2024|2024|2023|2023|
|||â|€|Ê|Ê|
|Cashflowsfrom operating activities:||||||
|Netcashused in operating activities|l0||1||(246)|
|Ghange incashand cashequivalentsinthe year|||1||(246)|
|Cash and cash equivalents atthebeginningofthe year|||169||415|
|Gashandcashequivalentsattheend oftheyear|<br>11||170||169|





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|2|Detailed comparativesforthe statement offinancial activities|Detailed comparativesforthe statement offinancial activities||||
|---|---|---|---|---|---|
||||2023|2023|2023|
||||UnrestrictedI|Restricted<br>€|Totalf|
||lncomefrom:|||||
||Donations||88,974||88,974|
||lnvestments|||||
||Totalincome|||||
||Expenditure on:|||||
||Charitable activities||117,321||117,321|
||Total expenditure||'117,321|||
||Netmovement infunds||(28,347)|-|(28,347')|
||Total funds brought forward||29 755|||
||Totalfunds carried forward||1,408|_u99_||
|3|lncomefrom donations<br>Donations from The Economist NewspaperLtd|Unrestrictedt<br> <br>104,000|Restricted<br>€|2024<br>Total<br>€[<br>104,000|<br>2023<br>Total<br>88,974|
|||_i_q4q99_||i_94,q9!__gqgzl||





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|Analysis of expenditure||||||
|---|---|---|---|---|---|
|||Charitable||||
|||Activities||||
|||Donations||||
||Basisof|madeto|Governance|2024|2023|
||allocation|lnstitutionst|costs|TotalI|Total<br>â|
|GAYE|Direct|24,814||24,814|21,545|
|Bacs Matching Donations|Direct|36,988||36,988|32,531|
|Other -Staffmatching|Direct||||245|
|HackneyDooruvaysCAF|Direct||||10,732|
|Mother's Choice Limited|Direct||||9,199|
|MySister'sPlace|Direct||||14,217|
|Reach to Teach|Direct||||6,133|
|Supporting Ugandan Education|Direct||||10,593|
|TalentBeyond Boundaries UK|Direct||||12,126|
|VanessaGrantTrust|Direct|14,000||14,000||
|CRY|Direct|11,000||1l,000||
|lnCommon|Direct|10,000||10,000||
|Brotherhood SisterSol|Direct|5,000||5,000||
|Po Leung Kuk|Direct|3,000||3,000||
|||104,802||104,802|117,321|
|Governance cost||||||
|Total expenditure||104,802||104,802|117,321|



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|7|Debtors|||||
|---|---|---|---|---|---|
|||||2024<br>€|2023I|
||Accruedincome|||65,223|89,327|
|||||65,223|89,327|
|I|Greditors: amountsfalling|duewithin|oneyear|||
|||||2024|2023|
|||||e|â|
||Accruals|||64,787|88,088|
|||||_64,787|88,088|
|9|Movementsinfunds|Atthe||||
|||startof<br>theyear<br>€|lncome&Expenditure<br>gains&losses<br>t€||Attheendof<br>the year<br>Ê|
||Unrestrictedfunds:|||||
||Generalfunds<br>Total unrestrictedfunds|1,408<br>1,408|104,000(104,802)<br>104,000(104,8021||606<br>606|
||Totalfunds|-1¡õd-|104,000(104,8021||606|



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|Reconciliationofnetincome/(expenditure)tonet cashflow|from operatingacti|vities|
|---|---|---|
||2024|2023|
||€€||
|Netincome/(expenditure) for thereportingperiod|(802)|(28,347)|
|(as perthe statement of financial activities)|||
|Decrease/(increase) in debtors|24,104|(34,229)|
|(Decrease)/lncreaseincreditors|(23,3011|62,330|
|Netcash used in operatingactivities|1|(2461|



|Analysis of cash andcashequivale|nts|||
|---|---|---|---|
||AtIApril||At31 March|
||2023|Gashflows|2024|
||Ê|€|€|
|Cash at bank and in hand|169|1|170|
|Total cash and cash equivalents|169|1|170|





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