STATEMENT OF FINANCIAL ACTNITIES FOR IB NETWORKS TRUST FOR THE
YEAR ENDED 31 JULY 2024
Note Unre8trlctad Rostr1￿ Total Funds
Funds
Funds
2024
Total
Funds
2023
Income Irom:
Donations and Legacies
Totsl Incomlng Ro•ourc•8
2,988
2,988
27,841
27,841
30,829
30029
58,563
08,563
Exp•ndltur• on:
Charltable activltles
Totsl R••ourc•• Exp•nd•d
3,113
3,113
29,220
29,220
32,333
32,333
06,908
N•t IncomellExp•ndltur•l
b•for• tr•n•fer•
11,379)
1,600
Trnn•l•rn
Gross Tran8fer8 between funds
11
Net movements In fvnd8
(125)
(1,379)
(1,504)
1,658
R•conclllallon of Fund•
Totsl fvnds brought forward
Totsl fund• ¢arrf•d fomrd
4,124
3,999
2,385
1,006
8,509
6,005
8,509
The Notes on pages 9 to 11 fomi part of these financlal statements.

BALANCE SHEET FOR IB NETWORKS TRUST AS AT 31 JULY 2024
2024
2023
CuTrnt a86•ts
Debtors
1,383
5,126
6.509
Cash at bank and In hand
5,005
6.005
Currnnt Uabllltl••
Credltor8
8,009
Th fund• ot th• ¢harfty
Re8tr1cted funds
Unrestricted fund8
11
731
2,385
4,124
11
4,274
6,005
Total charlty fund•
For the year ending 31 July 2024, the company was entitled to exemption from audit under 88Ctlon 477
of the Companies Act 2006.
The dlrectors acknowledge thelr responslblllty for complylng wlth the requlrements of the act wtth
respect to preparatk)n of the accounts and accountlng records.
The m8mb8rs have not raquirad tho company to obtaln an audlt of its financlal Statar￿nts for the year
in question in accordance with 8eCtlon 478.
These financlal statements have been prepared In accordance wlth the provlslon8 appllcable to
companies Subject to the Small companies, reglm8.
The financlal 8tatsments wero approved and authorlsed for188ue by the Board on and slgned on Its
behalf by:
£J Ak-,
stophen Adams
Trustee
Dats:13th Ma￿h 2026

NOTES TO THE FINANCIAL STATEMENTS FOR IB NETWORKS TRUST FOR
THE YEAR ENDED 31 JULY 2024
ACCOUNTING POLICIES
Th8 principle account policies adopted, judgements and key sources of estimation uncertalnty in
the preparation of the financial statements are as follows:
(a) Ba818 of prnparntlon
The financial ststements have been prepared In accordance wlth Accounting and Reporting by
Charlties: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance wlth the Financial Reporting Stsndard applicable in the UK and Republic of Ireland
(FRS 102) {as amended for accounting periods Commencing from 1 January 2019) - Charities
SORP {FRS 102), the Flnanclal Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102).
(bl Qolng concern
The trustees are of the view that there are no material uncertainties about the charfty's ability to
continu8 as a golng concem,
Ic) Fund aceountlng
Unrestrtcted funds ar8 available for use at the dIsCre￿On of the trustses In furtherance of the
general obJectlves of th8 Charity and which have not been deslgnated for other purposes.
General fvnds may be tran8ferred to désignated fiJnd8 where tru8tse8 wlsh to U88 th888 fvnd8 for
a specific purpos8. Such funds may be transferred back to general funds once the criteria for the
de3lgnatlon have been met or are no longer applicable.
Restrlcted fund8 are funds whkh are to be used in accordance with specific restrlctbn8 imposed
by donor8 or whlch have been raised by the Charity for particular purposes. The costs of raising
and admlnisterlng such funds IS Set out in the notes to the financlal statements. Restrlcted funds
may only be transferred to general or designated funds once the crfteria for restriction have been
discharged or no longer apply.
(d) Incomlng rnsourco•
Income is recognised when the charfty is legally entltled to It after any perfomiance condltlons have
béen met, the amounts can be measured reliably, and It 58 pn)bable that income will be recelved.
l•) Ro8ourcH ex￿nded
Expendlture Is recognised as soon as there Is a legal or constructive obllgatlon to make a payrnent
to a thlrd party, It is probable that settlement wlll be required and the amount of the obligats'on can
bo m8asur8d rellably. Expenditure is cl&88ified under the follrywlng activlty heading:
Expenditure on charitable actlvFtles comprises those costs incurred by the charity In the
delivery of its activiti85 and services for its beneficiaries. It includes both costs that can be
allocated dlrectly to such activities and those costs of an Indirect nature necessary to support
them. Irrecoverable VAT is charged as a cost again8t the activity for which the expenditure
was incurred.
(fj Inter••t R•c•lvablo
Interest on fvnds held on deposlt Is included when recelv8ble and the amount been measured
reliably.
2. Crftl¢al accountlng estlmates and Judgements
In the application of the chartty's accountlng policies, the trustees are requlred to make
judgements. estimates and assurnptnns about the carrying amount of assets and liabilities that
are not readlly apparentfrom other sources. The estlmates and associated assumptions are based
on historical experience and other factors that are considered to be relevant. Actual results may
differ from these estlmates.
10

NOTES TO THE FINANCIAL STATEMENTS FOR IB NETWORKS TRUST FOR
THE YEAR ENDED 31 JULY 2024
The estimates and underlying assumptions a￿ revlthved on an ongolng basis. Revisions to
accounting estimates are recognised in the perlod in which the estimate is revised where the
revision affects only that period, or in the period of the revision and future periods where the
revision affects both current and future perlod8.
3. Donatlon• and l•gacl
UnrMtrlct•d R•8tr1ctod Total Fund8
Fund8
Funds
2024
2024
2024
Total Fund•
2023
Appeal8 and donation8
Gift Aid Tax reclalmed
2,176
812
14,785
3,076
27W1
26,941
3,888
30M29
57,180
1,383
68,663
2￿88
The 2023 balance of £58,563 wa8 made up of £6,021 unr88tricted and £62,542 restricted.
4. Total RMource• Exp•nd•d
Unr••trlct•d R6•trlct•d Govornan¢•
Fund•
Fund8
2024
2024
2024
T¢)tal
Fund•
2024
T¢)lal
Fund•
2023
Printlng, postage and
8tatlonery
Subscriptlons and project
donation8
Sundry and other cost8
Trav81 and subslstsnce
Accountancy f888
781
781
558
700
29,220
29,920 54,078
598
764
792
792
920
2,321
29,220
792
32,333 06,908
S. D•btorn
2024
2023
Acuued income
6. ¢rg&1119
2024
2023
Accruals
Trn8te•s
None of the Trustees received ary remuneration or benefits from the charity during the year.
11

NOTES TO THE FINANCIAL STATEMENTS FOR IB NETWORKS TRUST FOR
THE YEAR ENDED 31 JULY 2024
Taxatlon
The company is a registered charity and Is therefore exempt from tax.
9. Memb•r8 Llablllty
The charity 13 a private company Ilmlted by guarantee and consequently does not have share
capftal. Each of tha members is Ilable to contribute an amount not exceeding £10 towards the
assets of the charity in the event of Ilquidation.
10. Relat￿ P•rtlo8
Controlllng Entity
The charity 18 controlled by the t(uste8s who are all director8 of the company.
11. Anaty81• of Fund•
At1
Incomlng
Ruource8 Trnn•hrn At 31
Augu•t Re•ou￿￿ Ex￿d•d
Juty
2023
2024
13onornl Fund8
Unrestricted Income Fund
R••trtct•d Fund•
Ukralne M P Project
Ukralne War Appeal
Help Make Hope Lebanon
Earthquake Appeal Turkeylsyria
Leb8nonlLSESD
Mlddle East Ww Appeal
455
190
1,128
612
3,835
9,190
(3,960)
(8,700)
330
(1,128)
(612)
1,740
7,829
(8,560)
1,009
12. Not AM•l• by Fund•
unrestr1￿ R••trlet•d
Fund•
Funds
2024
2024
Total
Fund8
2024
Total
Fund•
2023
Net Current A888ts
12