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REGISTERED COMPANY NUMBER: 08963655 (England and Wales)
REGISTERED CHARITY NUMBER: 1158729













Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Purple Community Fund

Purple Community Fund






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Report of the Trustees 1 to 4

Independent Examiner's Report 5

Statement of Financial Activities 6

Balance Sheet 7 to 8

Cash Flow Statement 9

Notes to the Cash Flow Statement 10

Notes to the Financial Statements 11 to 20

Purple Community Fund (Registered number: 08963655)

Report of the Trustees
for the Year Ended 31 December 2023


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Overview
The Purple Community Fund (PCF) operates as a fundraising and advisory body supporting and financing the relief and developmental work of its sister charity Upskills+ Foundation Inc, (UFI) within the Philippines.

PCF and UFI exist as separate and independent entities operating under their respective legal and governance legislatures within the UK and the Philippines. In Jane Walker, both PCF and UFI share the same CEO, and this enables the charities to work without barriers to ensure full transparency and clear lines of communication.

OBJECTIVES AND ACTIVITIES
Objectives and Aims
The charity's objectives are, for the public benefit, in the Philippines and elsewhere in the world:
(A) The prevention and relief of poverty.
(B) The advancement of education and training.
(C) The advancement of good health, both physical and mental.
(D) The rehabilitation of victims of physical, mental and sexual abuse.

PCF aim to achieve these goals through raising money and awareness in the UK and working with our partner charity Upskills+ Foundation Inc. in the Philippines. Our beneficiaries are the poorest of the urban poor, this is poverty at its worst. We fund and run a community education mentoring programme for school dropouts as well as providing community health and nutrition and community livelihood and training programs.

Public benefit
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

Relationship Between PCF and UFI

A formal Memorandum of Understanding between PCF and UFI, agreed and signed by the respective boards of trustees, sets out the basis of the relationship as well as the conditions and mechanics of funding provided to UFI by PCF.
Funds held by PCF are released to UFI monthly in arrears, or in the case of grants according to the donors stipulated schedule. Where instruction for the allocation and reporting of provided funds is required, this is provided to UFI in advance.
In the advent of extraordinary circumstances such as natural disasters and other instances where an emergency funding appeal is deemed necessary UFI will formally set out a situational assessment and action plan for PCF to facilitate an appropriate response.


Purple Community Fund (Registered number: 08963655)

Report of the Trustees
for the Year Ended 31 December 2023

ACHIEVEMENT AND PERFORMANCE
Trustees Statement
2023 proved to be a difficult and challenging year for PCF where continued uncertainty within the greater financial environment, along with the ongoing cost of living pressures restricted core fundraising streams. For 2023 UK derived funds of £345,514 represented an increase of 0.8% on the previous year (£342,708). Of the total funds received £201,257 were sent to UFI in the Philippines representing a comparatively small decrease of 5% on the previous year (£212,868).

Against this backdrop measures were put in place to focus on retaining PCF's core supporter base, whilst at the same time continuing to promote wider awareness of the essential nature of the outreach work UFI is undertaking in the Philippines. The key focus of activity remains primarily in education where to date in the 20+ years since its launch, PCF has supported over 1,000 children throughout their educational journey. In 2023 a total of 365 students were supported in their education across six separate locations in the Philippines covered by UFI.

It has long been the charity's belief that its objectives are best served primarily through the attainment of education, leading on to positive outcomes. On a practical level the achievement of this aim necessitates the need to also run holistic social based programmes within the supported community. As well as providing direct educational support UFI continues to run community programmes covering Health & Nutrition, Livelihood & Skills Training and Welfare Services through the funding provided by PCF.

Whilst there was some necessary consolidation of PCF's UK activities the charity also experienced a reduction in the workforce with the departure of a long serving full time employee, and with Jane's sister who had been working part time also continuing to suffer from health problems.
This meant that effectively all UK operations and administration were being handled solely by Jane and Hannah.

It was therefore agreed that an additional staff member should be sought, particularly to assist with targeted fundraising through grant applications, and to further strengthen corporate relationships.
A new staff member, Laura, subsequently joined the team in September and started contributing positively to the charity's fundraising efforts.
In 2023 grant awards represented 18% of income (£46,094). It is anticipated that in 2024 with additional capacity the number of UK grant applications and subsequent awards will increase.
With Jane now spending a significant part of the year in the Philippines It is essential for PCF to be able to sustain UK operations in her absence. We are therefore thankful to now have Laura onboard.

Due to the outlined staffing constraints, 2023 saw a much-reduced presence at music festivals, however product sales do remain an important part of PCF's revenue generation strategy, as well being an iconic part of the charity's visual identity. An updated product range along with an attendance at several one day Pride events saw product sales for the year achieve £39,562, accounting for 15% of total revenue.
Other than through grants and product sales, in 2023 the charity's funding streams came from donations, gift aid and bank account interest.

Despite a reduction in UK funding UFI was still able to maintain its core activities in the Philippines, supporting the daily education of 365 students, as well as running healthcare and livelihood programmes, benefiting 48,271 individuals, compared to 53,975 in 2022. Budgetary restrictions saw some alterations to the existing staffing structure and the winding up of more peripheral programmes such as the community farm. In 2023 donations from PCF accounted for 54% of UFI's total income.

Strategically it remains the long-term objective for UFI to generate a greater proportion of its total funding from local sources, with a goal of achieving a level of sufficiency increasingly less reliant upon UK sourced income. Given this aim it is anticipated that Jane will be spending more time in the Philippines in 2024 and 2025 to concentrate on strengthening the organisational structure and enhance future capacity building. As Jane is the CEO of PCF and UFI she is ideally placed to be able to balance the needs of both moving forward. In 2024 she will aim to appoint a full-time fundraiser in the Philippines to work locally with new and long-established donors.

Purple Community Fund (Registered number: 08963655)

Report of the Trustees
for the Year Ended 31 December 2023


As ever, the trustees of PCF recognise the incredible work undertaken by Jane and Hannah over the course of the year, not only in maintaining the smooth running of the operation during difficult times, but also for the tremendous demands and personal sacrifices that doing this undoubtedly involves.

After experiencing so many challenges, we believe that the resourcefulness demonstrated, combined with a clear strategy for 2024 places PCF in a strong position to build upon its successes and continue to play an active role in relieving poverty and providing sustainable long-term opportunities for its beneficiaries.

As always, we would like to recognise and thank the funders who have supported our projects and activities during the year, whose generous support we value highly, as well as the generosity of the many individuals who support our work both financially and through volunteering.

FINANCIAL REVIEW
Principal funding sources
Funding comes from a variety of sources including formal grants, sponsorship, donations, and general fundraising activities.

Investment policy and objectives
Monies not immediately required for the objectives of PCF are held in a deposit account, in line with the investment policy. The charity does not have any other investments.

Reserves policy
The Trustees calculate the reserves as that part of the unrestricted funds which in 2023 represents the general fund. As of 31st December 2023, the charity had unrestricted free reserves of £31,653 covering 3 months' core running costs and £23,800 of legacy revenue to be used where needed.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Charity constitution
The Purple Community Fund is an incorporated charity registered with the Charity Commission, registration number 1158729.

Recruitment and appointment of new trustees
The Board assesses its skills base on a regular basis and fills identified gaps by advertising and recruiting new Trustees. Trustees are chosen for their complementary skills, breadth of experience and contribution to the charity in a range of ways. New Board Members are appointed by the Board to serve for a term of two years. The minimum number of Trustees is three.

New Trustees meet with Mrs Bronwen Batey (Chair) and Mrs Jane Walker (Chief Executive) as part of an induction process.

A strategic planning and review day is held annually by the Board, to review the strategy and consider key issues emerging.

Organisational structure
The Board of Trustees meets quarterly and is responsible for the strategic direction and policy of the charity. Responsibility for the day to day running of the charity and delivery of activities is delegated to the Chief Executive and Management Team.


Purple Community Fund (Registered number: 08963655)

Report of the Trustees
for the Year Ended 31 December 2023


STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk management
The Trustees have reviewed the major strategic, business and operational risks, which the charity faces at this stage of its development and have identified key risks. Actions to address key risk areas have been agreed and progress is reviewed regularly. In addition, strong financial controls are in place to mitigate the risk of financial losses due to theft or fraud, and these controls are regularly reviewed. The charity also has in place a child protection policy which applies to all staff and Trustees, volunteers or consultants working on behalf of PCF.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
08963655 (England and Wales)

Registered Charity number
1158729

Registered office
3 Pegasus House
Pegasus Court
Olympus Avenue
Warwick
Warwickshire
CV34 6L

Trustees
B Batey
Ms R Halliwell-Paget
P M Levine
R Bradshaw

Company Secretary
Ms E L Perry

Independent Examiner
Bennewith 2018 Limited
t/a A J Bennewith & Co
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GU1 4XA

Approved by order of the board of trustees on 15 August 2024 and signed on its behalf by:





B Batey - Trustee

Independent Examiner's Report to the Trustees of
Purple Community Fund

Independent examiner's report to the trustees of Purple Community Fund ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023.

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 your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and 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:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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.








Tony Bennewith
The Institute of Chartered Accountants in England and Wales

Bennewith 2018 Limited
t/a A J Bennewith & Co
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GU1 4XA

Date: .............................................

Purple Community Fund

Statement of Financial Activities
for the Year Ended 31 December 2023

31.12.23 31.12.22
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 163,062 140,890 303,952 297,550

Other trading activities 3 40,453 - 40,453 44,893
Investment income 4 1,110 - 1,110 267
Total 204,625 140,890 345,515 342,710

EXPENDITURE ON
Raising funds 5 10,655 - 10,655 13,754

Charitable activities 6
UK Activities 119,889 - 119,889 133,636
Philippine Activities 80,564 132,142 212,706 211,542
Other - - - 1,326
Total 211,108 132,142 343,250 360,258

NET INCOME/(EXPENDITURE) (6,483 ) 8,748 2,265 (17,548 )
Transfers between funds 17 25,126 (25,126 ) - -
Net movement in funds 18,643 (16,378 ) 2,265 (17,548 )

RECONCILIATION OF FUNDS
Total funds brought forward 106,065 28,038 134,103 151,651

TOTAL FUNDS CARRIED FORWARD 124,708 11,660 136,368 134,103

Purple Community Fund (Registered number: 08963655)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 13 1,220 - 1,220 1,256

CURRENT ASSETS
Stocks 14 27,478 - 27,478 19,744
Debtors 15 3,393 - 3,393 1,986
Cash at bank 99,576 11,660 111,236 117,708
130,447 11,660 142,107 139,438

CREDITORS
Amounts falling due within one year 16 (6,959 ) - (6,959 ) (6,591 )

NET CURRENT ASSETS 123,488 11,660 135,148 132,847

TOTAL ASSETS LESS CURRENT LIABILITIES 124,708 11,660 136,368 134,103

NET ASSETS 124,708 11,660 136,368 134,103
FUNDS 17
Unrestricted funds 124,708 106,065
Restricted funds 11,660 28,038
TOTAL FUNDS 136,368 134,103

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that 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 surplus or deficit 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.


Purple Community Fund (Registered number: 08963655)

Balance Sheet - continued
31 December 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 15 August 2024 and were signed on its behalf by:





B Batey - Trustee

Purple Community Fund

Cash Flow Statement
for the Year Ended 31 December 2023

31.12.23 31.12.22
Notes £    £   

Cash flows from operating activities
Cash generated from operations 1 (7,212 ) (23,569 )
Net cash used in operating activities (7,212 ) (23,569 )

Cash flows from investing activities
Purchase of tangible fixed assets (370 ) -
Interest received 1,110 267
Net cash provided by investing activities 740 267

Change in cash and cash equivalents in the
reporting period

(6,472

)

(23,302

)
Cash and cash equivalents at the beginning
of the reporting period

117,708

141,010
Cash and cash equivalents at the end of the
reporting period

111,236

117,708

Purple Community Fund

Notes to the Cash Flow Statement
for the Year Ended 31 December 2023

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES
31.12.23 31.12.22
£    £   
Net income/(expenditure) for the reporting period (as per the Statement
of Financial Activities)

2,265

(17,548

)
Adjustments for:
Depreciation charges 406 419
Interest received (1,110 ) (267 )
Increase in stocks (7,734 ) (4,075 )
(Increase)/decrease in debtors (1,407 ) 2,028
Increase/(decrease) in creditors 368 (4,126 )
Net cash used in operations (7,212 ) (23,569 )


2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.1.23 Cash flow At 31.12.23
£    £    £   
Net cash
Cash at bank 117,708 (6,472 ) 111,236
117,708 (6,472 ) 111,236
Total 117,708 (6,472 ) 111,236

Purple Community Fund

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Purple Community Fund

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. DONATIONS AND LEGACIES
31.12.23 31.12.22
£    £   
Donations 227,078 195,575
Gift aid 30,780 22,762
Grants 46,094 79,213
303,952 297,550

Grants received, included in the above, are as follows:

31.12.23 31.12.22
£    £   
Trust and Foundation grants 32,800 11,000
Corporate grants 13,294 68,213
46,094 79,213

3. OTHER TRADING ACTIVITIES
31.12.23 31.12.22
£    £   
Fundraising events 891 5,646
Product sales 39,562 39,247
40,453 44,893

4. INVESTMENT INCOME
31.12.23 31.12.22
£    £   
Deposit account interest 1,110 267


Purple Community Fund

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. RAISING FUNDS

Raising donations and legacies
31.12.23 31.12.22
£    £   
Fundraiser 7,267 11,884
Event costs 3,775 2,595
Raffle prizes 7 3,350
11,049 17,829


Other trading activities
31.12.23 31.12.22
£    £   
Opening stock 19,744 15,669
Purchases 7,340 -
Closing stock (27,478 ) (19,744 )
(394 ) (4,075 )

Aggregate amounts 10,655 13,754

6. CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities Support
Direct (see note costs (see
Costs 7) note 8) Totals
£    £    £    £   
UK Activities 109,365 - 10,524 119,889
Philippine Activities - 212,706 - 212,706
109,365 212,706 10,524 332,595


Purple Community Fund

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. GRANTS PAYABLE
31.12.23 31.12.22
£    £   
Philippine Activities 212,706 211,542
Other - 1,326
212,706 212,868
The total grants paid to institutions during the year was as follows:
31.12.23 31.12.22
£    £   
Upskills 212,706 211,542
Other - 1,326
212,706 212,868


8. SUPPORT COSTS
Governance
Other costs Totals
£    £    £   
UK Activities 5,645 4,879 10,524

9. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.12.23 31.12.22
£    £   
Depreciation - owned assets 406 418

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.



Purple Community Fund

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

11. STAFF COSTS
31.12.23 31.12.22
£    £   
Wages and salaries 78,270 86,722
Social security costs 2,410 3,453
Other pension costs 1,105 1,105
81,785 91,280

The average monthly number of employees during the year was as follows:

31.12.23 31.12.22
UK office staff 3 3

No employees received emoluments in excess of £60,000.

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 89,415 208,135 297,550

Other trading activities 44,893 - 44,893
Investment income 267 - 267
Total 134,575 208,135 342,710

EXPENDITURE ON
Raising funds 13,754 - 13,754

Charitable activities
UK Activities 133,636 - 133,636
Philippine Activities 47,480 164,062 211,542
Other - 1,326 1,326
Total 194,870 165,388 360,258

NET INCOME/(EXPENDITURE) (60,295 ) 42,747 (17,548 )
Transfers between funds 35,243 (35,243 ) -
Net movement in funds (25,052 ) 7,504 (17,548 )

RECONCILIATION OF FUNDS
Total funds brought forward 131,116 20,535 151,651


Purple Community Fund

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund funds funds
£    £    £   
TOTAL FUNDS CARRIED FORWARD 106,064 28,039 134,103

13. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2023 6,224
Additions 370
At 31 December 2023 6,594
DEPRECIATION
At 1 January 2023 4,968
Charge for year 406
At 31 December 2023 5,374
NET BOOK VALUE
At 31 December 2023 1,220
At 31 December 2022 1,256

14. STOCKS
31.12.23 31.12.22
£    £   
Stocks 27,478 19,744

15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 2,913 1,539
Prepayments 480 447
3,393 1,986


Purple Community Fund

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 1,962 729
Social security and other taxes 1,971 2,006
Other creditors 626 1,456
Accrued expenses 2,400 2,400
6,959 6,591

17. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.1.23 in funds funds 31.12.23
£    £    £    £   
Unrestricted funds
General fund 106,065 (6,483 ) 25,126 124,708

Restricted funds
Upskills Education 24,347 30,199 (43,039 ) 11,507
Upskills Health - 1,070 (917 ) 153
Upskills Welfare 1,060 5,244 (6,304 ) -
Upskills Xmas 2,631 (1,041 ) (1,590 ) -
Upskills Livelihood - (26,724 ) 26,724 -
28,038 8,748 (25,126 ) 11,660
TOTAL FUNDS 134,103 2,265 - 136,368

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 204,625 (211,108 ) (6,483 )

Restricted funds
Upskills Education 107,597 (77,398 ) 30,199
Upskills Health 2,293 (1,223 ) 1,070
Upskills Welfare 18,136 (12,892 ) 5,244
Upskills Xmas 5,485 (6,526 ) (1,041 )
Upskills Livelihood 7,379 (34,103 ) (26,724 )
140,890 (132,142 ) 8,748
TOTAL FUNDS 345,515 (343,250 ) 2,265


Purple Community Fund

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

17. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net Transfers
movement between At
At 1.1.22 in funds funds 31.12.22
£    £    £    £   
Unrestricted funds
General fund 131,116 (60,294 ) 35,243 106,065

Restricted funds
Upskills Education 19,625 42,713 (37,991 ) 24,347
Upskills Health - 1,740 (1,740 ) -
Upskills Welfare 838 5,798 (5,576 ) 1,060
Upskills Xmas 72 4,265 (1,706 ) 2,631
Upskills Livelihood - (12,471 ) 12,471 -
Ukraine - 701 (701 ) -
20,535 42,746 (35,243 ) 28,038
TOTAL FUNDS 151,651 (17,548 ) - 134,103

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 134,575 (194,869 ) (60,294 )

Restricted funds
Upskills Education 151,693 (108,980 ) 42,713
Upskills Health 7,348 (5,608 ) 1,740
Upskills Welfare 13,941 (8,143 ) 5,798
Upskills Xmas 4,265 - 4,265
Upskills Livelihood 28,861 (41,332 ) (12,471 )
Ukraine 2,027 (1,326 ) 701
208,135 (165,389 ) 42,746
TOTAL FUNDS 342,710 (360,258 ) (17,548 )

Purple Community Fund

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

17. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net Transfers
movement between At
At 1.1.22 in funds funds 31.12.23
£    £    £    £   
Unrestricted funds
General fund 131,116 (66,777 ) 60,369 124,708

Restricted funds
Upskills Education 19,625 72,912 (81,030 ) 11,507
Upskills Health - 2,810 (2,657 ) 153
Upskills Welfare 838 11,042 (11,880 ) -
Upskills Xmas 72 3,224 (3,296 ) -
Upskills Livelihood - (39,195 ) 39,195 -
Ukraine - 701 (701 ) -
20,535 51,494 (60,369 ) 11,660
TOTAL FUNDS 151,651 (15,283 ) - 136,368

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 339,200 (405,977 ) (66,777 )

Restricted funds
Upskills Education 259,290 (186,378 ) 72,912
Upskills Health 9,641 (6,831 ) 2,810
Upskills Welfare 32,077 (21,035 ) 11,042
Upskills Xmas 9,750 (6,526 ) 3,224
Upskills Livelihood 36,240 (75,435 ) (39,195 )
Ukraine 2,027 (1,326 ) 701
349,025 (297,531 ) 51,494
TOTAL FUNDS 688,225 (703,508 ) (15,283 )

Purple Community Fund

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

17. MOVEMENT IN FUNDS - continued


Upskills Education: Funds received to support children in our education projects for our work in the Philippines with our partner Upskills plus foundation Inc.

Upskills Health: Funds received for our health clinic and projects for our work in the Philippines with our partner Upskills plus foundation Inc.

Upskills Welfare: Funds received for projects related to welfare within the community for our work in the Philippines with our partner Upskills plus foundation Inc.

Upskills Xmas: Funds received for projects related to Christmas food parcels for the children in our Education project and the community for our work in the Philippines with our partner Upskills plus foundation Inc.

Upskills Livelihood: Funds received for projects related to livelihood for our work in the Philippines with our partner Upskills plus foundation Inc.

Ukraine: Profits from the sales of brooches sent to the The Jacob Wells Appeal to send medical supplies to the Ukraine.

Transfers between funds

An administration percentage of 40% is taken from non-grant donations for specific Upskills and other projects. This is used to ensure the charity has sufficient resources to cover the office and administration costs in the UK.

The administration percentage is shown as a transfer from the Restricted Fund to Unrestricted.

18. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2023.