Registered Charity Number: 294263 Company number: 020101)07 FEED THE POOR (Company Limited by Guarantee) Report and Financial Statements For The Year Ended 31 March 2024
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 CONTENTS OF THE ACCOUNTS Page Company Information Report of the Trustees Independent Examin8rs' Report Statement of Financial Activities 10 Balance Sheet Notes to the Financial Statements
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 COMPANY INFORMATION Trustees Mohammed Riaz Tabassum Bib Zakiyya Summers Company number 02010007 Company Secretary Tabassum Bibi Registered charlty number 294263 Prlncipal and registered office 294a Ladypool Road Sparkbrook Bimiingham, B114AA, Accountants Manor Hill Accountants 619A Bord8s18y Green Birmingham West Midlands B9 5XZ Bankers Barclays 1 Churchill Palace, London, E14 5HP Solicttors Mezzle Limited 55 Colmore row, Bimingham, B3 2AA
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES, REPORT The trustees are pleased to present their annual report together with financial statements of the charity for the year ended to 31 March 2024. Which are also prepared to meet the requirements for a diredors, report and ac¢ounts for companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Articles of Association and Accounting and Reporting by Charities- Statemenl of Recommended practi applicable to Charities preparing Iheir aocounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 Structuro, Governance and Management The Directors of the Charitable Company are its Trustees for the purposes of charity law. The Trustees and Officers seNng during the year and since the year end were as follows Mohammed Riaz Zakiyya Summers Saraya Hussain (Resigned 01 May 2023) Tabassum Bibi Company Secretary- Tabassum Bibi Thé Senior Management Team takes day to day responsibility for operational management of the Charity. During the year the Senior Management Team comprised the following key indivlduals MR HABIB MOHAMMED- OPERATIONS MANAGER. Constitutlon FEED THE POOR is a company limsted by guarantee, governed by ils articles of a5socialion incorporated 14 APRIL 1986, as amended by special resolution dated 2 November 2004. Appointment of trustees The Board of Trustees consists of local people that collectively have the skills, expertise and experienc8 to ensure that the Charity 15 managed effectively. Where a varAncy arises a new trustse is appointed only by the passing of a resolution of tha Board of Trustees. Organization The charity trustees are responsible for the general control and management of the charity, give their time freely and receive no remuneration or other financial benefits. The trustees meet as a body on a regular basis and are overall responsible for all decisions taken in relation to the running and activities of the charity.
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT (CONTINUED) Board memb8rs are encouraged to visit or have visited any of ISRA UK sponsored projects to get in-depth experience of how the charily delivars its aid programmes, in¢r8asing their knowledge of how the charity works at home and abroad. Members are requested to attend fund raising fijnctions and meetings to keep informed and to gain experience on how the charity raises its funding. The Trust8es recognise the need to update govemance skills regularly. The board encourage truslee training for all m8mbers and will consider it a minimum requirement going forward. Risk Management The trustees assess the risk5 the charity may face on an on-going basis and manages those identified risks throughout the year. Policies and procedures are put in place to ensure that risks are controlled, managed & where needed, improved. The trustees are satisfied that systems are in place, or arrangements are in hand, to manage risks that are identffied. In particular, the trustees are aware of the risks associated with providing humanitarian aid in a conflict zon8 or high-risk countries and these are being manag8d. We a150 have due diligence processes in place to monitor volunteers, fundraisers, partners. and delivery of aid Intemal risks are controlled with procedures & policies put in place to Gontrol all transactions, handling of cash and Gheques, data protection and compliance with the Health & Safety of staff & volunteers, clients, and visitors. Procedur8s are periodically reviewed to ensure they meet wilh the charity n88ds Trustees are kept updated on risks. Objectives and activities The objectives for which Feed the Poor is established are. The relief of poverty and sickness anywhare in the world The relief of financial need and suffering of amongst victims of natural or olher kinds of disaster in whatever form. The advancement of education in any part of the world p8op18 of all backgrounds To help the young develop and flourish despite the ma challenges faced by poorer or thallenged communities Public benefit In line with it5 maln oblectives, the charity Gontinues to provide many servlces and activities which beneflt and aid to those in need. the charity is undertaking regular and ad hoc activltles such as but not limited to-
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT (CONTINUED) Food and shelter for refugees The construction of homes for poor or afflicted families The construction of water wells to alleviats water povety and illness from water borne disease The construction of communal Mosques Income generating projects The relief of financial need and suffering amongst victims of natural or other kinds of disaster or from debt Education access lo the poorest Distribution of winter essentials in the form of clothes, shoes & blankets as part of The Winter Project. Heallh and mediGal care The trustees achieve these objectives mindful of the charity's benefrt to the public, with regard to the guidan provided by the Charity Commission on public benefit. Use of Volunteers Volunteers give up their time, often their wealth, and their energies to assist and participate in the charity's goal. We are extremely grateful to the numerous individuals and groups who have supported our appeals, p8rticipated in events, and hav8 donated or fundraised in their spare time to help those in need. Achievements and erformance During the annual period. the charity undertook the following projects and aid deliveries. Emer enc Disasters struck in Turkey, Morocco and Gaza. We responded in each case with deliveries of food, shelter, water and medical aid. In Turkey we assisted refvgees Ihroughout 2023 into and beyond Ramadhan 2024, revisiting camps in the earthquake area. Donor d8ployrnents were organised to deliver aid support and moral support to earthquake victims. We rallied support within the UK and filled several 20ft and 40ft containers of food, nappies and hygiene essentials transported direct to Turkey by Turkish Airlines and UK partners Food packs. water. shelter and blankets were provided to earthquake victims in Morocco. In Gaza several thousand packs of fc#Jd items, hot cooked food, water, and medical aid were distributed in the ongoing emergency response to help thousands of displaced people and families.
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT {CONTINUED) Due to severe shortages and high costs of even the basics in Gaza, ISRA UK sourced various sanitation iterns, flour, child ess8ntials and tinned or dried food from Egypt, to be transported in 7 x 40ft containers to the Rafah t#Jrder for distribution by the UN. Direct assistance was given in this region via Food (Packs), water solutions, emergency support and clothing. Severely under-nourished children were placed on our 6-month int8nsive care programme. The project is very often the final attempt at saving such Children and has a high success rate. A deep communal borehole well was freshly dug in Taiz. Yemen and successfully completed to seNe hundreds of beneficiaries daily, the well has a life expedanGy of 50 to 75 yearsl In this p8riod 233 small water pumps. 23 large and 2 large Solar Communal water wells were placed in Pakistan. Food relief was delivered in Sindh province in the south of Pakistsn and replicated in areas such as Khyber Pakhtunkhwa province in the north & in Azad Kashmir. Also in Azad Kashmir, 2 purpose bull mosques were Gompleled in the mountains of Neelum Valley. In the sam8 area, our annual winter relief campaign saw delivery of warm clolhing shoes and blankets to 500 school children and to residents of th8 area. Widows, monthly assistanc8 and support for orphans studying Hifz is ongoing throughout the year. An ISRA UK donor has fvlly funded an ambulance, supplied and fitted, lo compliment a free access Hospital project, partner operated, from the area of Dina, Pakistan. The ambulance operation was Withed, along with a tour of the hospital by UK representatiV8s of ISRA UK Orphan monthly sponsorship continues to offer regular support to over 150 children across Yemen, Gaza, Pakistan and Kashmir, complimented by aCsS to free education, schooling essentials. food relief. shelter, water security and health care to disadvantaged children around the world Water poverty in Uganda was tackled by provision of community spring w811 provision, borehole wells and official pipe connection to the Ugandan rnain water grid, delivering water on tap to schools. community and religious centres. Our medical outreach dinics in Uganda delivered varied heallh initiatives to thousands over a three-day period in October 2023. The holistic programme delivered, Polio immunisation, Vitamin A supplements, deworming, measle and rubella jabs, antenatal checks. high blood pressure checks, Hepatitis B, Covid 19, Malaria and HIV testing, along with nurse advisory to patients and where possible, basic medicine supply, free of charg8. The clinics focused on extreme deprived urban areas such as Jinja (Soweto) and to "forest. {difficult to reach areas, such as Mayuge Area (Kayanagal and Mayuge Area {Nduwa). Over 7,500 outpatients were accommodated. The campaign was a major success. and the charity intends to repeat the outreach programmes at least bi-annually, if not more often.
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT (CONTINUED) Ramadhan distribution assisted over 100,000 people and provided, hot meals, food packs, potable water, Eid dothing, children's gifts and financial support to families in Yem6n, Gaza, Kashmir, Pakistan, Uganda, Turkey, and Lebanon. Qurbani was carried oul in Yemen. Pakistan, Uganda & Kashmir, fresh meat being delivered direcÉly to poor families, wilhin 3 days of Eid Ul Adha. Empowemient projects delivered cataract operations, vocational training and education. UK Atthough 5rnaller in operation due to relocation to a smaller premises, our community spa continues to provide weekly food packs to locals struggling to cope. The local community also accesses our regular services for women and children, advisory sessions and 'days out" We continue to work closely with organisations to deliver Opiimised impact.
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT (CONTINUED) Financial Review The trustees have reviewed the reserves of the charity. The twstees are very aware of the need to maintain h8althy financial reseNes to fund fvture projects. It will utilise funds as it receives wilhin a year of donation. Appropriate non-emergency re5eTves are held for long term projects such as Orphan Sponsorship and empowerment & educalion support. Carefvl finance and cost management has enabled lh8 charity to maintain a Gontinuous r8S8rv8 suitable to its needs. The Trustees hold that after examining th8 charity's requirements, a reserve level should be maintained to cover a minimum of 3 -6 months operational exndItUre. Principal funding sources The principal funding sources oflhe tharity has b88n trom voluntary donations by the public and public attended events throughout the year. Future Plans and Ob'ectlves Within the UK we plan to consolidats our current success of delivering much needed servicès to the wider population, expanding our access to f¢)od and mental wellbeing campaign, giving back to the community who have supported us over many years. Our work abroad targets marginalized communities and individuals suffering hardships. We will focus on investing in long tem initialives. both in health and empowermenl. We will increase aCsS to educalion, employment & vocational skills. Targeted health initiatives, concentrating on protecting children, will help them avoid diseases, which would normally have such a detrimental effect a healthy life. Our emergency r8sponses will remain primed to respond to assist people in any country who would benefit from our support.
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT (CONTINUED) Reference and administrative Details England and Wales Charity Numb8r: 294263 Company Number: 02010007 Registered Offi 354-356 Stratford road, Sparkhill, Birmingham. 8114AA Our advisors Accountants Manor Hill Aecountanls 619A Bordesley Green Birminghaffl West Midlands B9 5XZ Bankers Barclays 1 Churchill Palace, London, E145HP Solicitors Mezzle Limited 55 Colmore row, Birmingham, B3 2AA
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT EXAMINER S, REPORT TO THE TRUSTEES OF FEED THE POOR I report on the accounts for the year endgd 31 March 2024 set out on page5 Ten to S8venteen. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charily's trustees consider that an audit is not required for this year (under Section 14412) of the Charities Act 2011 Ith8 2011 Act)) and that an independent examination is required. It is my responsibility to: examine the ac¢ounts under Section 145 of the 2011 Act to follow the procadures laid down in the General Directions given by the Charity Commission (under Section 14515)(b) of the 2011 Act)- and to stat8 whether particular matters have come to my attention. Basis of the independ9nt examiner's report My examination was Carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disdosures in the accounts, and seeking explanalions frorn you as trusteas conceming any such matters. The procedures und8rtaken do not provide all the evidence that would be required in an audit. and consequenly no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to thos8 matters set out in the statements below. Independent examlnerfs statement In conn8Ction with my examinats'on, no matt8r has Come to my attention.. 11) which gives me reasonable cause to believe that, in any material respèct, the requirements to keep accounting records in accordan with Section 130 of the 2011 Act" and to prepare acGounts which accord wilh the accounting records and to comply with the accounting requirements of the 2011 Act have not been met. or {2) to which, in my opnIOn. attention should be drawn in order to enab18 a proper understanding of the accounts to be reached. Mazher Saleem FCCA Manor Hill Accountants 619A Bordesley Green Birmingham West Midlands B9 5XZ
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 STATEMENT OF FINANCIAL ACTIVITIES Notes Unrestricted Funds 2024 Total 2023 Total Income Donations Donations and grants Income from charitable activitie$ Other income 718,301 716,301 843,621 572 572 Total income 716,873 716,873 843,621 Expenditure Expenditure on raising fvnds Expenditure on charitabl8 activities Total expenditure 14,067 14,067 18,863 680,711 694,778 880,711 694,778 900,771 919,634 Net income before taxation 22,095 22,095 -76,013 Taxatlon {charge)I credit Net movement in funds 22,095 22,095 -76,013 Total funds brought forward Total funds carried forward al 31 March 2024 239,404 261,499 239,404 315,417 261,499 239,404 io
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 BALANCE SHEET Notes 2024 Total 2023 Total Fixed assets Tangible assets 2.546 2,546 3,395 3,395 Current assets Debtors Cash at bank and in hand 264,911 267,457 239,198 242.594 Creditors- Amounts falling due within one year Net current assets 16,519} 260,938 13,189) 239,404 Reserves Unrestrirted funds 260,938 239,404 Total funds 260,938 239,404 The financial statements were approved by the board on by.. and signed on th8ir behalf Saraya Hussain Managing Di Tabassum Bibi Trustee Charity registration number: 294263 li
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS l. Accounting policies The principal accounting policies adopted, judgements and key sources of estimatron uncertainty in the preparation of the financial statements are as follows.. Company Informatlon The Charity is limited by guaranlee. wlth the Ilablllly of members Ilmlted to £100 per member. The charity is registered in England and Wales with the Charity Commission. The registered Offi Is 354-356 Stratford Road. Sparkhill, Bimingham, B114AA. If upon winding up or dlssolution of the charity there remain any assets, after satlsfying all debts 2nd liabili118s. the assets represented by the ac¢umulated shall be transferred lo some other charitable body or bodies havlng obSec*tves similar to the Charity. 1.1. Accountlng convention The financial statements have been prepared on a going (x)ncern basis in accordance wth Accounting and Reporting by Charities: Statement of Recomm8nded Practlce applicable lo charities preparing their ac(x)unls in accordance with the Financial Reporting Standard applicable in the UK IFRS1021 leffeclive 1 April 2015) I'charities SORP IFRS1021"), the Financial Reporting Standard applicable in the UK {FRS 1021. the Companles Act 2006 and the Charities Attl 2011. Feed The Poor meets the definlllon of a public benefit enlrty under FRS 102. Assets and liabilities are initially recognised al cost or transaction value unless otherwise stated in tha relevant accounting poli¢y notes. On the grounds that the charhy comas under the definition of s11 Charitie5 the charltsble c4)mpany has tsken advantage of certain exemptions conferred by section 1.11 of FRS102 as follows.. Exemption from disctosing the caryiro amounts of each category of finanaal a55ets and financial Ilabilities at the reporting date as required fly section 11.41 of FRS 102. Exemption from presenting a charitable wmpany statement of cash flows as a primary statement lo the financial statements. 1.2. Going concern The Trustees have at the lime of approving the financial statements 8 re8son8ble expectation that the Charity has adequate resources lo continue in operational existence for the foreseeable future. In addition, the Trustees have no Intention to wind the oompany up in the foreseeable future. 11 is Gonsidered that there are Gurrently no material unrtaInties which impact on the charity being able to continue in its uent fomi. Thus the TTUStees continue lo adopt the going concern bgsis of accounting In preparing the financial statements. 1.3. Income Income is recognised when the charity has entitlement to the hjnds. any performance conditions att8ching to the itemls} have been met, it Is probable that the income wlll be received and the amount can be measured reliably. Income from grants is recognised when the charity has entiuemenl lo the funds, any perfomiance Gondilions have been met, it is probable that tha income will be received arKI the amount can be measured reliably. Where grant in¢ome has been received. bul the ¢harity has not matched the Ix)ndilions to become entitled to the income, an income deferral is made. 12
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) Donated goods and services Donated professional services and facilities are recr)gnised as income when the oharity has control over the item, any conditions assocaaled with the donated item have been met, the receipt of economlc benefit from use of the item is probable and the economic benefit can be measured reliably. In accordanGe with the Charities SORP IFRS1021, the value of volunteer time is not recognised in the financial statements. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market., a correspondlng amount 15 recognised in expenditure in the per of receipt. Income from goods donated for sale in the charity's shops is reGognised at the point of sale. A5 a result of the high volume of low value donated g(x)ds received by the Gharity, the cost of reGognising the58 Items at fair value on JEceipt would outweigh the benefit of Tecognising them in the accounts. Investment Income Interest on funds held on deposit is included when receivable and the amount Gan be measured reliably by the tharity, thk5 is nomially upon notif1(tion of interest paid or payable by the Bank. Rents from letting of charity hall are included when they are receivable by the ¢harity. 1.4. Fund accounting Unrestricted funds are funds which are available for use at the discretion of the Tnjstees in furtherance of the gener81 objectives of the Charity and which have not been designated for olher purposes. Restricted funds are knnds which are to be used in accordanGe wilh specific restrictions imposed by donors or which have been raised by the Charity for a partlGular purpose. Trustees have not classified any funds received as restricted till now. 1.5. Expenditure l expenditure is accounted for on an 8c¢ruals basls and has been classified under headings that aggregate all costs related lo the category. Where cx)sls Gannol be direcuy attributed to particular he8dlngs they have been apportK)ned on a basis consistent with the use of the resources. The Gost of raising fvnds includes fundraising event costs. direct campaign5, general infomiation and public relation costs and Ih8ir associated support Gosts. Expenditure on ¢harTtable a¢tivitles r81ales lo grants awarded and associated 5UPPOrt costs. Irrecovarable VAT is charged as a cost against the activity for which expenditure was incurrgd. 1.6. Allocation of support Costs Support cost5 are those functions that assist the work of the charlty bLrt do not dire¢Lly undertake Gharitable activities. Support costs include administration. finance, human resources, information systems and govemance costs which support the services provided to beneficiaries. These costs have be8n allocat b8tween the costs ol raising funds and expenditure on charitable activities on the basls set out in note 4. 13
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 1.7. Staff Cost The costs of short-term employee benefits are recognised as a liability and an expense where settlement of obligations does not fall within the same period 1.8. Tangible fixed assets Fixed assets are included on 2 hlstoric21 wst basis. It IS 2 pollcy of the trustees that individual items wrth cost below £300 are not capitalised. Depreaation is provided al the following rates and bases lo write off the cost of tangible fixed 8ssels over their eslim8ted useful lives by annual instalmenls, wlh a full year's charge in the acquisition y8ar and no charge in the year of disposal.. Fixtures and fittlngs 25% reducing balance Motor vehiGle5 25% reduGing balance Computer Equipment 25% UGlg balance 1.9. Stock It is impractical to estimate the fair value of goods donated for sale in the ¢harily's shops due to the high volume of these items and to include it on the balance sheet. The value of these gotsds lo the charity is instead recognised when they are sold in the shops. 1.10. Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid inv8slments with a short maturity held for working ¢apital. Bank overdrafts are shown within borrowng in current liabilities. 1.11. Taxation Feod The Poor Is a registered Charity and as such 15 a charity within the meanlThJ of schedule 6 of the Finance Act 2010. Accordingly, the Charity is potentially enlilled to lax exemption under part 11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gain5 Act 1992 in respect of income and gains arising. 2. Allocatlon of support costs Support costs a allocated between the var¢ous activitles of the charity based on an estimate by management of time spent by employees on each activity. Some employees have roles which support more than one activity. The allocation of these costs are (x)nsidered to be critical to the accounts because they have the ability to materially alter the allocation of costs beiween expenditure on raising lunds and expenditure on charitable a¢tNities. 14
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 3. Income Unregtricted Total Total Incomo 2024 2023 Donations and non-perfomiance grant Donations Received Uk Govl Grants 716,301 716,301 572 572 843.621 716,873 716.873 843,621 4. Analysls of expenditures Expenditure on ralslng fund5: Dlrect Allocated Total Total Costs Costs 2024 2023 Fundraising Charges 2,314 2.314 11,753 11,753 14,067 14.067 18,863 18,863 Expend¥ture on charitable aclivilies: Water. Health, Education and Development VowS and Orphans Support Emergency, Water Aid and Natural Disastar 307,751 114,565 163,096 50,099 18,650 26,550 357.850 133,215 189,646 473,535 176,281 250,955 585.412 95,300 680,711 900.711 Total expenditure 587,726 107,052 694,778 919,634 15
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 4. Support Costs Support costs in the current year have been allocated b8sed on an estimate, by management, employment costs are based on lime Spent by employees contrlbuling to each aclivily. Support costs have been allocated as follows. Employment Premises Administration cost$ costs costs Total 2024 Total 2023 Donations campaign Feeding, Health, edu¢alion, development Imd0 and orphans support Emergency. Water Aid and natural dis8sler 4,313 18,386 6,845 9,744 2.955 12,595 4.689 6,675 4,485 19,118 7,117 10,132 11,753 50,099 18,650 26,550 17,385 66.295 24,679 35.134 39.288 26,913 40,851 107,052 143,473 S. Inforn)ation regarding trustees and employees Staff costs compris8 2024 2023 Wages and salaries Soaal security costs 118,604 3,641 161.023 8.255 Tolal employment costs 122,245 167.279 6. Taxation The charrtable activities of Feed The Poor are exempt from taxation under Chapter 3 of part 11 of the Corporation Tax Act 2010. 16
FEED THE POOR FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 7. Flxed Assets Fixtures and Fittings Computer Equipment Motor vehicles Total Cost 01-Apr-23 Additions 31-Mar-24 18,147 4.400 15.428 37,975 18.147 4,400 15.428 37,975 Depreciation 01-Apr-23 Charge for the year 31-Mar-24 16,083 516 16,599 3,185 15,312 29 15,341 34,580 849 35,429 3,489 Not book valu85 31-Mar-24 31-Mar-23 1,548 911 87 116 2,546 3.395 8. Creditors - Amounts falling due within one year Total 2024 Total 2023 Other creditors T8xes & social security costs 2,845 3,674 618 2.571 6,519 3,189 9. Post balance sheet events There a¥e no post balanGe sheet events to report. 10. Charity results No sepaTrte Statement of FinanGial Activities {includlng Inrne and Expendilure Account) has been reported foi the Charity alone as permitted by section 408 of the Companies Act and Paragraph 397 of Charities SORP {FRS102). The income of the Charity for the year was £716.873 12023.. £843,621) Expenditure amounted to £694.778 12023.. £919.6341. The net deficiusurplus for the ye8r was £22.095 {2023'. 476,0131. 11. R8lated party transactions There was no related party transaction lo report in 2024 {2023: NIL) 17