OpenCharities

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

2024-12-31-accounts

Page
Legal and Administrative lnformation I
Directors' Report 2-4
lndependent Examiner's Report 5
StatementofFinancial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8-12

9 July 2025

2024 2023
Note Unrestricted Unrestricted
Funds
FundsI
lncomeFrom
lnvestments 2 138,213 128,999
Total 138,213 128,999
ExpenditureOn:
Charitable Activities
3 (13e,6ee)(e2,120)
Total (139,69e)(e2,120)
Net(expenditure)/incomefortheyear before
Net(losses)/gains on investments (1,486) 36,878
Net gainsoninvestments 5 182,779 33,208
Netincome forthe year 181,293 70,086
Reconciliationoffunds
Balancebroughtforwardal1January2024 4,049,661 3,979,575
Balance carried forwardat3lDecember 2024 4,230,9544,049,661

Note 2024 2023
â G
FixedAssets
lnvestments
5 4,140,306 3,957,527
CurrentAssets
Cash at bank andinhand 93,948 95,314
Creditors:amountsfalling due
withinoneYear
6 (3,300) (3,180)
NetCurrentAssets 90,648 92,134
NetAssets 4,230,954 4,049,661
Funds
UnrestrictedFunds 4,230,954 4,049,661
TotalCharityFunds 4,230,954 4,049,661

No significant estimatesorjudgementshavebeen made by
statements.
managementinpreparing these fi nancial
2 lnvestmentIncome 2024
2023
f
lncomereceived from:
Charities Growth &lncomeFund Class A
138,213 128,999
138,213 128,999

3 Costs ofcharitable activities 2024 2023
f e
Allgrants consist of one individualgrantforthefullamountto
thefollowinglnstitutions
:
Caringin Brístol(Financial education, housing) 10,000
Launchpad (financial education, money management) 30,000
Your Place/Caritas Anchor House (financial education, housing) 25,872 25,000
Youth Concern (financial education, money management, housing) 28,000 25,000
Young Enterprise (financial education) 28,578 25,000
Totalgrantspayable 122,448 75,000
Support costs:
Administration fee-TheBuilding Societies Association 13,183 13,183
Bank charges 86 93
Governancecosts:
lndependent Examiner's remuneration 3,300 3,180
lnsurance 669 651
Companies House fee 13 13
Total charitableexpenditure 139,699 92,120

Listed lnvestments 2024 2023
Ê Ê
Blackrock Charities Growth & lncomeFund 4,140,306 3,957,527
4,140,306 3,957,527
Valuation
At1January 2024 3,957,527 3,924,319
Gain on Revaluation 182,779 33,208
At31December2024 4,140,306 3,957,527
HistoricalCost 3,957,527 3,924,3',19

Balance at
Balance atI
January 2024
lncome Expenditure Gains/(losses)
oninvestments
31
December
î c I 2024
Current Year
Unrestricted funds 4,049,661 138,213 (139,699) 182,7794,230,954
Balanceat
Balance atI
January 2023
lncome Expenditure Gains on
investments
31
December
Ê 2023
f
Prior Year
Unrestricted funds 3,979,575 128,998 lp2,12ol 33,208 4,049,661

Analysis ofNetAs setsBetween Funds setsBetween Funds
UnrestrictedUnrestricted
funds funds
2024
Êc
2023
lnvestments 4,140,306 3,957,527
Cash at bankand 93,949 95,314
inhand
Creditors (3,300) (3,180)
4,230,954 4,049,661