upReach Annual Report 2023-24 - Report - Page 59
Notes To The Financial Statements
For The Year To 31 July 2024
15. Movement in Funds (Continued)
At 1 August
2022
£
Income
£
Expenditure
£
At 31 July
2023
£
723,583
1,906,071
(1,962,085)
667,569
CSR grant
-
250,372
(250,372)
-
Grant
-
5,602
(5,602)
-
Foundation
-
1,312,641
(1,312,641)
-
University
-
5,000
(5,000)
-
Individual donation
-
31,926
(31,926)
-
Partner University Grant
-
287,144
(287,144)
-
723,583
3,798,756
(3,854,770)
667,569
Unrestricted Funds
General funds
Restricted funds
Total funds
Name of restricted fund
Description, nature and purpose of the fund
Associate travel expenses
Funds provided to cover travel expenses for undergraduates
attending internships or events.
CSR grant, Foundation
& Trust
Various Grants to support less-advantaged undergraduates
on a programme of support to improve their access to
professional employment, to develop or support our
technology platforms including the Social Mobility Network
Platform, to grow the Charity’s regional presence, and to
increase organizational capacity.
Individual donation
An individual donor funds the salary of a Senior
Fundraising Of昀椀cer.
Law bursaries
Funds provided for distribution to selected Associates on the
upReach Law Springboard or similar programmes.
Partner University Grant
Funding to support a cohort of less-advantaged
undergraduates on our Rise Programme of intensive support
to improve their access to professional employment.
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