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|Message|from the Chief Executive and Chair|from the Chief Executive and Chair|||
|---|---|---|---|---|
|Trustees Annual
Report for||the Year Ended March 312022||5|
|Strategic|Report||||
|Financial|review|||15|
|Principle|risks and uncertainties|||18|
|Plans for the future||||19|
|Structure,|governance
and|management||20|
|Statement|of responsibilities|ofthe trustees||22|
|Report ofThe Independent||Auditors to the members|of Become|24|
|Charity
Limited|||||
|Statement|ofFinancial Activities|||28|
|Statement|of Cash Flows|||29|
|Statement|of Financial
Position|||30|
|Notes to the financial
statements||||31|
|Reference|and administrative|details||42|
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|AKO Foundation|||The Listening
Fund||
|---|---|---|---|---|
|Allan &Gill Gray Philanthropy|||Lloyds Bank Foundation||
|Angus
Lawson Memorial|Fund||Mark Leonard Trust||
|BBCChildren
in Need|||National
Lottery Community|Fund|
|The Biking for Children
in|Care community|led by|Orbis||
|Gill Timmis|||||
|CHK Foundation|||Oso Foundation||
|City Bridge Trust|||Paul Hamlyn
Foundation||
|Clothworkers
Foundation|||Souter Charitable
Trust||
|Esmee Fairbairn
Foundation|||Swire Charitable
Trust||
|Garfield Weston Foundation|||Will Houghton
Foundation||
|Global's Make Some Noise|||Wyndham
Charitable
Trust||
|Lincoln Private Investment|Office||||
##
|Charitable
work/ Accounting year:|Charitable
work/ Accounting year:|2021-22|2020-21|2019-20|2018-19|2017-18|
|---|---|---|---|---|---|---|
|Total charitable work||E971,436|E644,088|6498,601|f562,921|E568,035|
|Increase/(decrease)
on previous|year|51%|29%|(11%)|(1%)|(27%)|
##
|Unrestricted
reserves||E293,554|
|---|---|---|
|less: net book value of unrestricted|fixed assets (note 9)|E(9,410)|
|Total unrestricted
free reserves||E284,144|
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||No
te|General|Designated|Restricted|2022Total|2021Total|
|---|---|---|---|---|---|---|
|Income from:||f|f|f|||
|Donations
and
Legacies|2|265,721|218,189||483,910|200,838|
|Income from other
Trading Activities|3|12,798|||12,798|7,656|
|Income from
Charitable
activities|4|257,407||728,106|985,513|946,400|
|In~orna
from
Investments||5,857|||5,857|6,255|
|Total Income||541,783|218,189|728,106|1,488,078|1,161,149|
|Expenditure
on:|||||||
|Costs of raising funds||364,299|||364,299|269,238|
|Expenditure
on
charitable
activities||423,240||548,196|971,436|644,088|
|Total Expenditure||787,539||548,196|1,335,735|913,326|
|Net income/
(expenditure)|||||||
|before gains and losses on||(245,756)|21S,189|179,910|152,343|247,823|
|investments|||||||
|Net gain / (loss) on
investments|10|21,366|||21,366|55,533|
|Net income /
(expenditure)||(224390)|218189|279p910|173p709|303356|
|Transfers between
Funds|13||||||
|Net movement
in funds||(224,390)|218,189|179,910|173,709|303,356|
|Reconciliation
offunds:|||||||
|Fund balance at 1stApril
2021|13|517,944||175,462|693,406|390,050|
|Fund balance at 31stMar
2022|13|293,554|21S,189|355,372|867,115|693,406|
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||f.|f|
|Cash flows from operating activities:||||||
|Reconciliation
ofnet movement
in funds to net cash flow from||||||
|operating
activities||||||
|Net movement
in funds (page 38)||||173,709|303,356|
|Add depreciation||||9,774|9,330|
|Less purchase offixed assets||||(1,018)|(14,161)|
|Less interest & dividend
income||||(5,857)|(6,255)|
|Less (gain) / add loss on revaluation|ofinvestments|||(21,366)|(5,533)|
|Less increase
in debtors||||(158,446)|(27,328)|
|Add increase
in creditors||||5,502|25,518|
|Cash provided
by/ (used in) operating|activities||A|2p298|284,927|
|Cash flows from investing
activities||||||
|Income from interest 8 dividends||||5,857|6,255|
|Sales ofinvestment
assets||||||
|(Purchases) offixed assets||||||
|Cash provided
by/ (used in) investing activities|||8|5,857|6,255|
|Cash flows from financing activities||||||
|Increase/ (decrease)
in cash and cash equivalents
(A+8+C)||in the year||8,155|291,182|
|Total cash &cash equivalents
brought|forward|||496,846|205,664|
|Total cash and cash equivalents
carried forward '||||505,001|496,846|
##
##
##
|As at 31M|arch|2022|||||
|---|---|---|---|---|---|---|
|||||2022|2022|2021|
||||Note|6|6|6|
|Fixed assets:|||||||
|Tangible assets|||9|9,410||18,165|
|Investments||||229,383||208,017|
||||||238,793|226,182|
|Current assets:|||||||
|Debtors||||233.629||75,183|
|Cash at bank and in hand||||505,000||496,846|
|||||738,629||572,029|
|Liabilities:|||||||
|Creditors: amounts||falling due within one year||110,307||104,805|
|Net current assets|||||628,322|467,224|
|Total net assets|less current liabilities||||867,115|693,406|
|Net Assets|||||867,115|693,406|
|Funds|||||||
|General funds|||13||293,554|517,944|
|Designated|funds||13||218,189||
|Total unrestricted||funds|13||511,743|517,944|
|Restricted|funds||13||355,372|175,462|
|Totalfunds|||13||867,115|693,406|
##
##
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##
##
|Oo|nations
and legac|ies||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|2022 total|2021total|
|||f|E|E|E|
|David|Ik Ruth Lewis|40,000||40,000||
|Kate Somerville||25,000||25,000||
|Orbis|||||5,000|
|Events||95,099||95,099|95,575|
|Legacy||218,189||218,189||
|General donations||105,622||105,622|103,263|
|||483,910||483,910|200,838|
##
|||Unrestricted|Restricted|2022total|2021total|
|---|---|---|---|---|---|
|||f|f|f|f|
|Other Income||500||500|2,409|
|Consultancy|gr Training|12,198||12,198|5,247|
|||12,798||12,798|7,656|
##
|Incoming resources from|charitable
act|ivities|||
|---|---|---|---|---|
||Unrestricted|Restricted|2022total|2021total|
|Grant income:|f|f.|f|f|
|The Mark Leonard Trust|50,000||50,000|50,000|
|The Listening
Fund||23,400|23,400||
|Department
for Education||||88,602|
|Evan Cornish Foundation||||5,000|
|Garfield Weston||30,000|30,0DO|30,000|
|Paul Hamlyn||30,000|30,000|50,000|
|Mrs Smith
Ik Mount Trust||15,000|15,000||
|Oso Foundation|20,000||2D,OOO|20,000|
|CHK Charities
Ltd||||40,000|
|BBCChildren
ln Need||8,711|8,711|9,874|
|The What works Centre for
Children's
Social Care||||67,665|
|The Nationa
I Lottery Community
Fund||153,966|153,966|174,679|
|The City Bridge Trust||||26,471|
|The Cloth Workers Foundation||200,000|200,000||
|Alan and Gill Gray Philanthropy||185,629|185,629|118,293|
|Tolkien Trust|50,000||50,000|50,000|
|Family Rights Group||||30,000|
|Leach Fourteenth
Trust||||5,000|
|Esmee Fairbairn|71,750||71,750|39,452|
|Withy King LLP CLI||||10,000|
|Five Rivers Child Care Ltd|5,000||5,000|5,000|
|Ronnie Lubner||||5,000|
|Angus
Lawson||14,400|14,400||
|Swire Charitable
Trust|25,000||25,DOO|25,000|
|AKO Foundation||25,000|25,000||
##
##
|Lloyds TSB Foundation||||||6,000|
|---|---|---|---|---|---|---|
|Global Make Some Noise||||25,000|25,000|50,000|
|The Rainford Trust|||5,000||5,000||
|John Coates Charitable|Trust||5,000||5,000||
|The Van Neste Foundation||||5,000|5,000||
|Will Houghton
Trust||||10,000|10,000||
|The 29'" May 1961Charitable||Trust||||5,000|
|Other (under E5,000)|||25,657|2,000|27,657|35,364|
||||257,407|728,106|985,513|946,400|
##
|5
Net income/
expenditure|||||
|---|---|---|---|---|
|This is stated after charging the|||2022|2021|
|following expenditure:|||E|E|
|Depreciation
&loss on disposal|||9,774|9,330|
|Auditors
remuneration|||5,119|3,961|
|Operating
lease rentals:|Equipment||||
||Property||52,832|63,213|
|Trustees/
Directors remuneration|(note 7)||||
|6 Staff costs and numbers|||||
||||2022|2021|
|Staff costs were as follows:|||E|f|
|Salaries and wages|||742,844|516,243|
|Social security costs|||71,251|43,877|
|Pension contributions
(defined contribution||scheme)|34,842|23,082|
|Total direct staff costs|||848,937|583,202|
|Outsourcing
&consultancy fees|||134,833|105,019|
|Total costs|||983,770|688,221|
##
|he average
ear was as|weekly number of employees
(full-ti
follows:|me
equivalent)
employed
by the charit|y during t|
|---|---|---|---|
|||2022|2021|
|||no.|no.|
|Generating|Funds|4.9|3.3|
|Charitable|activities|13.7|8.5|
|Governance||0.2|0.2|
|||18.8|12.0|
##
##
||||||||Computer|Furniture&|Tora|
|---|---|---|---|---|---|---|---|---|---|
|||||Leasehold|||hardware&|Equipment||
|||||Improve||me nts|software|||
||||||f||f|f|f|
|COST|||At 1April 2021|||12,764|66,266|18,324|97,354|
||||Additions||||1,018||1,018|
||||Disposals||(12,764)||||(12,764)|
||||At 31March 2022||||67,284|18,324|85,608|
|DEPRECIATION|||At 1April 2021|||12,025|48,839|18,324|79,188|
||||Charge for the year|||739|9,035||9,774|
||||Disposals||(12,764)||||(12,764)|
||||At 31March 2022||||57,874|18,324|76,198|
|NET BOOK
VALUE|||At 1April 2021|||739|17,426||18I165|
||||At 31March 2022||||9,410||9,410|
|10 Investments||||||||||
|||||||||2022|2021|
|COIF Charities||Global Equity Income Fund||||||f|f|
|Value at 01April 2021||||||||208,017|202,484|
|Additions/(Disposals)
Value at31March|||in the year
2022:84,718,.31' 2.7076p|||||229,383|(50,000)
208,017|
|Unrealised|gain/ (loss)|||||||21I366|55,533|
|Based on the quarterly
dividends
paid, the||||income|yield was||2.52%(2021|—2.93%)||
##
|||2022|2021|
|---|---|---|---|
|||f|f|
|Trade debtors||1,389|6,205|
|HM Revenue|&Customs —Gift Aid reclaimable|907|12,000|
|Taxation &social security|||118|
|Accrued income||218,189|13,270|
|Prepayments|&accrued income|10,919|27,785|
|Other debtors||2,225|15,805|
|||233,629|75,183|
##
|12 Cre|ditors: amou|n|ts
falling|due with|in one ye|ar||||
|---|---|---|---|---|---|---|---|---|---|
||||||||2022|2021||
||||||||f|f||
|Subscriptions
in advance|||and deferred|income|||4,595||4,166|
|Trade creditors|||||||42,894|44,248||
|Taxation|&social security||||||14,910|16,832||
|Accruals|||||||47,908|39,559||
||||||||110,307|104,805||
|13 Movements
in funds||||||||||
||||||At start|Incoming|Outgoing|At|end of|
||||||ofyear|resources|resources|year||
||||||f|f|||f|
|a.Widening|Participation|in|FE/HE||44,745|35,000|53,481||26,264|
|b.Care Advice Service|||||6,950|180,966|142,691||45,225|
|c.Impact|||||5,575||4,893||682|
|d. Personal|Advisors'
Training||||6,399|200,000|104,172||102,227|
|e.Policy &|Participation|||||5,8400|57,457||943|
|f.Coaching|and 1:1Support|||||29,400|26,124||3p276|
|g.Workshops
for Children||in Care|||4,572|8,711|8,287||4,996|
|h. Capacity|Development||||107,221|215,629|151,091||171,759|
|Total Restricted funds|||||175,462|728,106|548,196||355,372|
|GeneralFunds|||||517,944|563,149|787,539||293854|
|Designated|Funds|||||218,189|||218,189|
|Total funds|||||693,406|1,509,444|1,335,735|867,115||
##
##
##
|4 Analysis ofnet assets bet|ween
funds
Unrestricted|||
|---|---|---|---|
||funds|Restricted funds|Total funds|
|||f|f|
||9,410||9,410|
|Investments|229,383||229,383|
|Net current assets|272,950|355,372|628,322|
|Net assets at31March 2022|511,743|355,372|847,115|
##
|he cha|rity had to|tal commitments
under|operating
leases expiring as|operating
leases expiring as|follows:|||
|---|---|---|---|---|---|---|---|
||||Equipment|||Property||
||||2022|2021|2022||2021|
||||f|f|f||f|
|Within|1year||230|230|||24,248|
|Within|2-5years||173|403||||
|After|more than|5 years||||||
|Total|Operating|Lease Commitments|403|633|||24,248|
##
##
##
##
|19 Detail comparative|s|for the state|ment
of|financial activ|ities||
|---|---|---|---|---|---|---|
||||Note|Unrestricted
E|Restricted
E|2021tota I
f|
|Income|||||||
|Donations
and legacies||||200,838||200,838|
|Income from other trading||activities||7,656||7,656|
|Income from charitable|activities|||388,664|557,736|946,399|
|Income from investments||||6,256||6,256|
|Total income||||603,414|557,736|1,161,150|
|Expenditure|||||||
|Costs of raising funds:|||||||
|Costs ofgenerating
activity||income||269,238||269,238|
|Expenditure
on charitable||activities:||132,912|511,176|644,088|
|Total expenditure|||5&8|402,150|511,176|913,326|
|Net (expenditure)/
income
losses on investments|before gains and|||201,264|46,560|247,824|
|Net gain/(loss)
on investments|||10|55,533||55,533|
|Net (expenditure)/
income||||256,797|46,560|303,357|
|Transfers
between
funds|||||||
|Net movement
in funds||||256,797|46,560|303,357|
|Reconciliation offunds:|||||||
|Fund balances at 1"April 2020||||261,148|128,902|390,050|
|Fund balances at31"March 2021|||13|517,945|175,461|693,406|
##
|Charity number|1010518||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Company number|2700693||||||||||||||
|Registered office|Become Charity||||||||||||||
||Suite 151,264 Lavender||Hill,||||||||||||
||London, SW111IJ||||||||||||||
|Patrons|David Akinsanya||||||||||||||
||Professor Sonia|Jackson|OBE||||||||||||
||Louisa Lane-Fox||||||||||||||
||The Earl of Listowel||||||||||||||
||Joyce Moseley OBE||||||||||||||
||Dame Esther Rantzen||||||||||||||
||Dame Jacqueline|Wilson|||||||||||||
|Board ofTrustees|||||||||||||||
||Hugh Thornbery|CBE||Chair|||||||||||
||Eliot Lyne|||Treasurer|||||||||||
||Anne Cameron|||Director|(resigned|||19'"July 2021)|||||||
||Terry Galloway|||Director|||||||||||
||Khatija Hafesji|||Senior Independent||||Trustee|||||||
||Andy Harris|||Director|||||||||||
||Beth Taswell|||Director|||||||||||
||Rachael Wardell|||Director|||||||||||
||Ony Chima|||Director|||||||||||
||Meera Mistry|||Director|||||||||||
||Phillipa
Uden|||Director|||||||||||
||Tom Willets|||Director|||||||||||
|Senior
Management|Katharine
Sacks-Jones|||Chief Executive|||8|Company||Secretary|||||
|Team|Victoria Langer|||Interim|Chief|Executive|||(maternity||||cover,||
|||||January|2021|to|November|||2021)|||||
||Cerys Shepherd|||Director|of Fundraising||||(appointed|||||July|
|||||2022)|||||||||||
||Russell Delew|||Interim|Director||of Fundraising|||||(January|||
|||||2022 to|July 2022)||||||||||
||Davinia Batley|||Director|of Fundraising||||(left|||December|||
|||||2021)|||||||||||
||Fran Borg-Wheeler|||Interim|Director||of Services||||(appointed||||
|||||February|2022)||||||||||
||Lee Mauve Patron|||Director|of|Services|||(left|||December|||
|||||2021)|||||||||||
||Clare Bracey|||Director|of||Policy,||Campaigns||||||
|||||Communications||||(appointed||||December|||
|||||2021)|||||||||||
||Gill Goodby|||Interim|Director||of Policy, Campaigns|||||||&|
|||||Communications||||(September||||2021 to|||
|||||December 2021)|||||||||||
|||Lisa Watch|Director|of|Policy,|Campaigns|&|
|---|---|---|---|---|---|---|---|
|||Rhiannon
Clapperton|Communications||(Shared|position,|left|
||||August|2021)||||
|Bankers||Unity Trust pic||||||
|||P.O. Box7193||||||
|||Planetary
Road||||||
|||Willenhall,
WV1 9DG||||||
|||Triodos Bank||||||
|||Deanery
Road||||||
|||Bristol||||||
|||BS1SAS||||||
|Independent|Auditors|Haines Watts,||||||
|||Chartered
Accountants||||||
|||Old Station House,||||||
|||Station Approach,||||||
|||Newport Street,||||||
|||Swindon,
SN13DU||||||