REGISTERED COMPANY NUMBER: 06689824 (England and Wales)

REGISTERED CHARITY NUMBER: 1126262

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2023 TO 31 JANUARY 2025

FOR

INTO GIVING LTD

Page

Report of the Trustees

1

to

4

Independent Examiner's Report

5

Statement of Financial Activities

6

Balance Sheet

7

Notes to the Financial Statements

8

to

12

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 period 1 August 2023 to 31 January 2025. 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

INTO Giving supports a wide range of humanitarian and community causes whilst maintaining a special focus on education. The objectives of the Charity are:

- To advance the education of young people in particular, but not exclusively, girls and those living in impoverished circumstances, by making grants anywhere in the world;

- To act as a resource for young people providing advice and assistance and organising programmes of physical, educational and other activities as a means of advancing life and helping young people develop skills, capacities

and capabilities that enable them to participate in society as independent, mature and responsible individuals;

- To advance such charitable purposes (according to the Law of England & Wales) for the public benefit, as the trustees see fit from time to time, through providing grants anywhere in the world that support the prevention or relief of poverty, the advancement of health, community development, human rights, environmental protection and improvement, science, amateur sport, the promotion of social diversity and harmony, the relief of those suffering disability and social, medical and financial disadvantage, the efficiency of fire, rescue and ambulance services, and to further such purposes as are recognisable as exclusively charitable under the Law of England and Wales.

For the period from 1 August 2023 to 31 January 2025, the Charity has been undergoing a period of review due to changes in funding, and consequentially there have been limited fundraising and donations during this period.

Activities

Total income of £101,077 was received during the year. Of this amount, £63,043 was donated by INTO University Partnerships to cover all costs of the remuneration and termination payments of the INTO Giving employees who left the business in August and September 2023.

The remaining £38,034 was received from donations, interest and other income.

A total £1,243 was donated to a number of charities including The Christie Charity and Bowel Cancer UK.

FINANCIAL REVIEW

Reserves policy

The Charity has, at 31 January 2025, unrestricted reserves amounting to £117,946 as shown on page 6 of these financial statements.

INTO Giving maintains restricted funds to facilitate strategic new initiatives in accordance with the Charity's mission and strategic plan. Restricted funds represent matched funding from the INTO Giving Founder, Andrew Colin. As at 31 January 2025, the Charity had restricted reserves of £85,924.

Going concern

The Trustees have assessed the charity's ability to continue as a going concern.

At 31 January 2025, the Charity held cash and cash equivalents of £206,871, of which £85,924 was restricted and £120,947 was unrestricted. The Charity has no borrowings, no long-term liabilities, and only minimal recurring operating costs.

Given the very substantial level of unrestricted cash reserves, the complete absence of debt or financing obligations, and the low level of ongoing expenditure, the Trustees are satisfied that the unrestricted reserves are more than sufficient to meet all current and foreseeable commitments.

The Trustees therefore have a reasonable expectation that INTO Giving has adequate resources to continue in operational existence for the foreseeable future (being at least, but not limited to, the next 12 months from the date of approval of these financial statements).

Accordingly, the financial statements have been prepared on the going concern basis and the Trustees have concluded that there is no material uncertainty related to going concern.

FUTURE PLANS

To meet our commitment to supporting acutely disadvantaged schoolchildren, INTO Giving will, in 2025/26 continue to support education projects globally, despite the COVID-19-induced downturn in the Charity's income.

INTO Giving will continue to support our existing family of projects if required and where appropriate. All projects put forward will be put to the Trustees for consideration and selection.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Charity constitutes a Company limited by guarantee. The Directors are appointed and removed in accordance with the terms set out in the Company's Articles of Association. At least three Directors must be appointed at any one time, but there is no maximum to this number. There are currently eight Directors appointed to the Company, all of whom are Trustees of the Charity. A Chairperson is decided at each board meeting in the absences of an appointed Chairperson.

Statement of Trustees' Responsibilities

The Trustees are responsible for preparing the Trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company and charity law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the group and parent charity and of the incoming resources and application of resources, including its income and expenditure, of the group for the year. In preparing those financial statements the Trustees are required

to:

- Select suitable accounting policies and then apply them consistently

- Observe the methods and principles in the Charities SORP

- Make judgments and accounting estimates that are reasonable and prudent

- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The Trustees are responsible for keeping adequate and proper accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and regulations made thereafter and with the requirements of the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the Trustees are aware:

- there is no relevant audit information of which the charitable company's auditors are unaware; and

- the trustees have taken all steps that they ought to have taken to make themselves.

New Trustees are inducted and their responsibilities are outlined to them so that they are aware of their accountabilities.

Organisational structure

Day-to-day management of the charity is delegated to the Trustees with operational support provided on a zero-cost basis by INTO University Partnerships colleagues. INTO Giving's board of trustees aim to meet regularly to assess the financial and strategic direction of the charity, and to provide advice toward achieving the charity's objectives. By majority vote, the board approves the charity's annual accounts and all of INTO Giving's restricted and unrestricted grant-making.

Risk management

The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The main risk to the Charity is ensuring that funds raised by employees of INTO University Partnerships (IUP), their related companies, families and friends, go direct to the charity and that no funds go astray. This is a particular risk when working with partner charities based abroad.

However, INTO Giving has put in place measures to ensure that, as far as possible, the monies raised are spent on the intended project. This is done by completing due diligence prior to establishing any relationship with partner charities and establishing close relationships with our partner charities, who provide clear sets of accounts to INTO Giving showing how our donations have been spent and the impact of these donations on beneficiaries. Partner charities provide regular feedback, and we request they be open to INTO Giving staff and supporters who wish to visit the project.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06689824 (England and Wales)

Registered Charity number

1126262

Registered office

One Gloucester Place

Brighton

East Sussex

BN1 4AA

Trustees

P S Ricketts (resigned 8/5/2024)

A J Colin

J R C Moyle (resigned 1/12/2023)

Y Ahmad (resigned 31/8/2023)

E M Samarasinghe

A M McGowan

A H Morgan

P A Thompson (resigned 19/2/2025)

S Williamson

All INTO Giving Trustees give their time voluntarily and receive no benefit from the Charity. The Trustees bring a wide and relevant range of experience to the Charity including work in education either at secondary or tertiary level and considerable business experience in the UK and abroad.

Independent Examiner

Colin Young FCA

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

Bankers

CAFBank Ltd

25 Kings Hill Avenue

West Malling

Kent

ME19 4JQ

Operational address

One Gloucester Place

Brighton

East Sussex

BN1 4AA

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 9 December 2025 and signed on its behalf by:

E M Samarasinghe - Trustee

Independent examiner's report to the trustees of Into Giving Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the period 1 August 2023 to 31 January 2025.

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

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.

Colin Young FCA

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

9 December 2025

Period

1.8.23

to

Year Ended

31.1.25

31.7.23

Unrestricted

Restricted

Total

Total

funds

fund

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

99,549

895

100,444

201,682

Investment income

2

633

-

633

10

Total

100,182

895

101,077

201,692

EXPENDITURE ON

Raising funds

3

63,921

-

63,921

126,171

Charitable activities

Asia & Middle East

-

-

-

68,068

Africa

-

100

100

960

Americas

-

-

-

6,664

Europe

180

1,063

1,243

18,779

General

10,503

-

10,503

19,986

Total

74,604

1,163

75,767

240,628

NET INCOME/(EXPENDITURE)

25,578

(268

)

25,310

(38,936

)

RECONCILIATION OF FUNDS

Total funds brought forward

92,368

86,192

178,560

217,496

TOTAL FUNDS CARRIED FORWARD

117,946

85,924

203,870

178,560

2025

2023

Unrestricted

Restricted

Total

Total

funds

fund

funds

funds

Notes

£

£

£

£

CURRENT ASSETS

Cash at bank

120,947

85,924

206,871

180,720

CREDITORS

Amounts falling due within one year

7

(3,001

)

-

(3,001

)

(2,160

)

NET CURRENT ASSETS

117,946

85,924

203,870

178,560

TOTAL ASSETS LESS CURRENT LIABILITIES

117,946

85,924

203,870

178,560

NET ASSETS

117,946

85,924

203,870

178,560

FUNDS

8

Unrestricted funds

117,946

92,368

Restricted funds

85,924

86,192

TOTAL FUNDS

203,870

178,560

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2025 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.

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 9 December 2025 and were signed on its behalf by:

E M Samarasinghe - Trustee

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.

The accounts are prepared on a going concern basis after consideration by the trustees that there are no material uncertainties about the Charity's ability to continue as a going concern. Such consideration includes a review of committed income and expenditures, cash flows and reserves. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

The accounts are presented in the companies functional currency of pound sterling (£). Monetary

amounts in these financial statements are rounded to the nearest £1.

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.

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.

2.	INVESTMENT INCOME

Period

1.8.23

to

Year Ended

31.1.25

31.7.23

£

£

Current Account Interest

633

10

3.	RAISING FUNDS

Raising donations and legacies

Period

1.8.23

to

Year Ended

31.1.25

31.7.23

£

£

Staff costs

63,043

117,395

Administrative expenses

878

8,776

63,921

126,171

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the period ended 31 January 2025 nor for the year ended 31 July 2023.

Trustees' expenses

There were no trustees' expenses paid for the period ended 31 January 2025 nor for the year ended 31 July 2023.

5.	STAFF COSTS

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

Period

1.8.23

to

Year Ended

31.1.25

31.7.23

Employees

3

3

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

Period

1.8.23

to

Year Ended

31.1.25

31.7.23

£60,001 - £70,000

-

1

All staff left the charity in September 2023. Payroll costs therefore relate only to the first two months of the period, and no further employees have been engaged.

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

fund

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

181,886

19,796

201,682

Investment income

10

-

10

Total

181,896

19,796

201,692

EXPENDITURE ON

Raising funds

126,171

-

126,171

Charitable activities

Asia & Middle East

48,074

19,994

68,068

Africa

-

960

960

Americas

-

6,664

6,664

Europe

401

18,378

18,779

General

14,399

5,587

19,986

Total

189,045

51,583

240,628

NET INCOME/(EXPENDITURE)

(7,149

)

(31,787

)

(38,936

)

RECONCILIATION OF FUNDS

Total funds brought forward

99,517

117,979

217,496

TOTAL FUNDS CARRIED FORWARD

92,368

86,192

178,560

7.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Accrued expenses

3,001

2,160

8.	MOVEMENT IN FUNDS

Net

movement

At

At 1.8.23

in funds

31.1.25

£

£

£

Unrestricted funds

General fund

92,368

25,578

117,946

Restricted funds

Sponsorship of Children

86,192

(268

)

85,924

TOTAL FUNDS

178,560

25,310

203,870

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

100,182

(74,604

)

25,578

Restricted funds

Sponsorship of Children

895

(1,163

)

(268

)

TOTAL FUNDS

101,077

(75,767

)

25,310

Comparatives for movement in funds

Net

movement

At

At 1.8.22

in funds

31.7.23

£

£

£

Unrestricted funds

General fund

99,517

(7,149

)

92,368

Restricted funds

Sponsorship of Children

117,979

(31,787

)

86,192

TOTAL FUNDS

217,496

(38,936

)

178,560

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

181,896

(189,045

)

(7,149

)

Restricted funds

Sponsorship of Children

19,796

(51,583

)

(31,787

)

TOTAL FUNDS

201,692

(240,628

)

(38,936

)

9.	RELATED PARTY DISCLOSURES

During the year, INTO University Partnerships financed £65,723 of the charity's operating costs, including salaries of the charity's team (2023: £136,561). This amount is therefore showing within income as a donation, as well as within expenditure in the financial statements.

10.	ULTIMATE CONTROLLING PARTY

Into Giving Limited is controlled by the Board of Trustees.

11.	COMPANY LIMITED BY GUARANTEE

The company is a private company, limited by guarantee and consequently does not have share capital. Each of the Trustees is liable to contribute an amount not exceeding £10 towards the assets of the company in the event of a liquidation.