**C<:>�PANY NUMBER; 2700�9� YEAR ENDED UMARCH 2023** **,BECOME' CHARITY WORKING NAME; BECOME** ## **B.ECOME.** **THE CHARl'TV FOR CHl:LDREN IN CARE AND YOUNG CARE LE.AVERS** ## Becorne Ch�rity · Ann��tl Re.port tru�t�es� and Finandal .Statements ## fotthe Ye.ar Ended 31 March 2023 **(hc1ritynp. �diosi�** BEC"OME CHARITr WORKING NAME: BECOME COMPANY NUMBER.. Z700693 YEAR ENDED 31 MARCH 2023 Contents Message frorti the Chiéf Exècutive and Chair Trustees Annual Beport for.the Year Ended March 312023 s.trategic Report Financial'Revièw. .14 Principle risks and uncertainti.es Plan5 for the'future Structure, governance and management Statément of responsibilities of the Trustee-s R'eport of The Independernt.Auditors to the members of Become ,.Char.ity Limited Statement of Financial Activities 22 ststement of Cash Flows 29 -statement of Financial Position Notes to thé financial staternents Reference and administrative details 42 BECOME CHAIIITY WORKING NAM£: 8ECOME COMPANY NUMBÉR..271J0693 YEAR ENDED 31 MARCH 2023 Message from the Chlef Executive and Chair Thi5 year we markd our 30th year a5 a tharity. Not Ce￿tsraIed- because it's 5ti11 the case that too many care- experienced youn8 people do Dot have the love, support and stabllity they need and deserve- but we tookthe opportunity to ￿flect nonetheless on the progress thal'5 been made and the changes wt continue to fight for. We invited key supporters and yourE people to an exhibifion - where our frustee. Pip, spoke about what Become means to her. "In 30 yeor5' time. l e¥pe(t the chonge$ Become has advocatedfor to be policy. l e¥pe¢t 8ecome to continue to htlp us to thrive butnotinspite of ofviling care tystem. leK￿rt thegovernment to listen to us in the woy'thfjt 8ecome doe5." Thi5 year saw the publicaiion of the Government commissioned Indepen(lertrt Reviéw ol Childon's Social Care. we.We￿ pleased to see the a¢kn¢wled8ement th3t the care 5y5tem 15 not working for too many children and young people and thatthe rthtiew included 13 ¢f our re¢ommèndation5 forchange. The Government's response to the review set out their vlslon to put I￿e and stabiltty at the heart of children's social carè. Whilst we welcorned this vision and some of the proposals they put for*Ard. we were clear that Breaier ambition. investfflent and ursency 15 needed rf Tile are to end the care cliff young people fKe when leaving care and to Improve the experiences of children in the care system. In parrtcular. there was little in the Government's plan5 lo tsckle the big issue of insiability in the care system, which currentty sees 7 in 10 Child￿n in care experierttin8 a chaft8e in home, s¢hooL or so¢ial worker each year an issue we hiBhli8hted in our'Home for Christmas, report which revealed the 5hockin8 number of chtrldren and young people in tarè moved ¢ver the Christmas period. Young people'5 Vol￿5 are at the heart of al we do. and we We￿ pleased that Ip4er 2￿ young people shared the1rvie￿, toldtheir story, orfed intoour policyand participation Wofk We launched ouryoun8person's desv&n 8roup. 'Future of Care. to develop new measurements of suc¢essforyoun8¢are teavets. amplthed the voices of hundreds inore young people during Care Oaywith our#KnowAboutCare theme, arKI achieved OUT hi8hè5t ever level ol media coveTr8e, helpin8 to build awareness and push fortharqe. We ¢onttnued to positively impact the fNes of ¢are-experien¢ed young people through our services. includin8 reaching rn0￿ ￿re*xperIenCed young people in new settings wch as HMP Pentonville. OUT Propel servlce offered advice and 5UPPOrt to care leavers on all aspects of applylng to. preparing for and making a success of Further and Hi8her Edu¢ation and ths year we expanded our delr¥ery of workshops for young people and Continue to see8rowth in the numberaf people a¢¢essin8 our online Propel resources. We a150 worked to improve the prnclice of professionals V4K¥rkinB with young people and saw a incffjase In the numbets we reached throu8h our training programme5. A parkncuiir hiEhli8ht ths year was delivering the first cohort of our innovative Persoftal Advisor IPA) Training Pro8ramme- working with local authorities to pilot accredited learning forthe professionals who support youn8 people ￿aying core. Aswe lookforward, and against the backdrop of a costd4ivingcrisis making life even more challenging for ca￿. expe.rienced young people.we will intensrfy our effons to reach more thiklren and young people. helping them understand their rights and entitlements. access the support they need, develop thelr skills. and overcome the Challenges they face. We will ensuretheir¥oices and experiences are at the centre of all we do. We wtll redouble ourefforts to fi8ht lora Ca￿ 5VStem iharwi)rks betterfor all thiklren and youn8 people, now and into the future. BECOME CHARITY .WORKING NAME.. BECOME COMPANY NUMBER.. 2700693 YEAR ENDED 31 MARCH 2023 On behalf of the Board of Trustees. we exp￿55 our heartlelt gratitude to all the individuals. Trusts Foundations, and corpoTale.5UPPQrteis who play a vital rgle in transforming the lives ol children and yo.unB 'people with ¢are experience. Your uriwaverin8 SUPPOrt fuèls ourdetemiination to keep wshing forward. thank youl AL/Z , -• Hugh Thornbery CBE Katharine Sacks-joftes Chair of Trustees Chief Executive BECOME CHARITY WORKING NAME.. BECOME COMPANYNUMBER: 2700693 YEAR ENDED 31 MARCH 2023 Trustees. Annual Report for the Year.Ended 31 March 2023 The Trustees present their report Iwhith indudes the strntegi¢ rtportl and the Judited financial statements for theyearended 31March 2023. The ￿ferenCeand administrdlfve information Issef out on page42of thi5 reF)Ort. The alms and objectives of Become Charitable objects.. To promote the tsre, upbringing and eStab[￿h1￿enI in lrfe of childrèn and yoiing people who a￿ or have been looked after or assisted by local authorÉties or other public or chafltable bodie5 charBed with the care and upbrin8ing of thildren or who are or have been In the cafe of fosteror adoptNe ￿rents. tt document istèr•of harities.tharit ommissK*n. cha 4etail ioiosi overnin Our visK)n 15 that care-expèrienced people" have the Same chaiKes a5 èveryone e15e to INe happy, fulfilled lives. Our mlssk)n Is to help chlldren In Ca￿ and youn8 care leavets to believe In themselves and to heal. grow and unleash their polential. We work alon85ide therTh to make the care systern the best it cari be. Ensuring our work delivers our aim5 We review our alms. oblectives. and activities each year. This year has been the third year of our five-year Strategy perii¥d12020"_ 20251 and we remain focused on delivering across our four strategic aims= supporting thildren. Supporting practi￿. Challengi￿ the system and changing attitudes. We hjve continued to develop and delib*r ambitious piarffi to rexh thlldren and young people t￿OUgh online and digital supportas well as intreasin8 our (KrtTEa¢h and partnetship wort wrf¢h otherorganisations. We have Increased our capacity to suppvrt yvung people. d￿￿0p Pfofessionalpractice andto workwith young people to ompaigri for change to the car• system and to tackle stigma. We continue to buihl oyr operdtional and fundraising capacityto enable ustoerowas aft etyertive and sustainable O￿an15atiO1} ableto delivertangible thange for thildren and young people ih the coming ￿ats: We are focused on eT￿unng we have the most impart In ywng people5 INts and have developed and are starting to impleiihèrit a new approach to hcrrtwe rneasurè and report on impact across our strdte8ic aims. Our values Honesty We speak up. for, a.nd alongside children iri Cafe and youn8 care leavers. We always ad In therr best Interests. We share a vislon and purpose that we convey clearty to others. Empowerment We help children in and young co￿ lea¥ets to be powerful aBents of positive chan8e In their own Itves. in .the care system and in society. 8ECOME CHARITY WORKING NAME.. BECOME COMPANYNUMBER.. 27￿693 YEAR ENDED 31 MARCH 2QZ3 Respect We listen to care-experienced people and we work in partnership with them to improve the empèrlenceof belng in care and their life after care. Kindness We care about the young people we work with and we help the care system to be more like a good parent. We look after ou15elv￿ artd aftei each Dther so we can be our best for young people. Optithism We are angry ab)ut the times when the care system and society let youn8 people down. blrt ale determined, ambitious and optimistic about our ability to make things better. Strategic aims Supporting Children We help child￿n in care and young Ca￿ leaver5 to believe in thefflselves and to shape the future they want. Supportin¥ prtrtice We developandsupportthe praciiceof people whoworkwith andcareforchildren In care and yovng care leavers, so that they are able to do theif best foryoung people. ChallenBing the system We ensure that ihe voices of children in care and young care leavers are listened to and acted upon - and we hold people and or8antsations who havè power. in and over the care system. to account. Changing artiludes We improve societws understandlng of. and ernpathy with. children in care and young people and adults. who aie.care-experienced. How our artivities deliver public benefft All ourcharitable activiiies focuson children andyoung people in care and youngcare leavers. We are committed to meaningfully involving young people in every area of our work where possible. including operations and governance..We have had due regard of the guidance issued by the Charity Commission. BECOME CHARrrY WORKING NAME: 8ECOME COMPANY NUMBER: 2700693 YEAR ENDED 31 MARCH 2023 Strategic Report Achievements and performance Become delive￿ a range of services and activities aimed at improving the live5 and future lrfe chance5 of ca￿- experienced children and youn8 people. These include the Care Advice Service. Coaching and I:1 support. and Piopel la website lor care lea¥er5 providing inforrnation on the support available al colleges and ￿nIVers￿(leS cross the UK). Through these progrnmmes we reached 983 children and young people (directly and via 5UPPQrting adurts In their INesl this year. We also work to campaign forchange and to support young people to participate in policy makin8. This year we worked with 220 young people who shared theirview5. told their story. or fed into our poliry and participatK)n work to influen¢e ¢hanBe. May 2022 Saw the publi¢ation of the Independent Review of Children's Soctal Care and after 18 rnonths olworkinB with young peopleto ensvretheirvoi￿s and views were fed in, wewere pleased to seethe acknowledgment that the care system is not workingand the inclusion of 13 of our recommendations for change- we continued to Influen￿ the Governmenfs reSpo￿e to the review throughout the year. Care Advlce 5ervl The Care AdvKe Service provides holistic information. advice and support for thildren In care and care leavers. their loved ones and pmfe5sionals who support them. 605 made contatt with the Care Advlce Servlce In the financial year. The ages of the young people who contacied us fanged from 14-27. aftd additionalty a number of carwxperienced adult$128+1 also reached out to the Care Advice SeN1￿. Individuals contacted us Irorn all re8ion5 of the UK. with the majority of those contacts comin8 from Greater London. followed bythe South East and the North West. The seryice has been offeredbyfreephoneand emarl. ￿tweW1ll betransitionlngtoa newcall handling plaffom allowin8 WhatsApp. automatic mes5agin8 and web chat dvdital soliTrtbon5 to increase accessibility and reach. Thi5 yelr, we saw a hBh number of complex Issue5 for the voung people calling the Care Athice Line and continued need for the follow-on case work and wellbein8 5UPWrt we offer as part of our seryice. The most comrnon are35 of support requested related to housing and homelessne55. higher'education and general right5 and entttlements. We had a hl8h number of calls from youn8 peopte struggling with their mental healt￿ with most Safeguarding issues arislng relatingto youn8 people in mental heallh crisès-with suKidal ideation oraciNe plans for suicide. alon6side safeguardlng concern5 ar¢)und sexual almjse. domestic abuse. ulmlnal exploltstion and street homelessness. Our team work closely wlth local authorities and other specialist providers to ensure young people can access the support they are entitled to. The Care Advice SeThlce atso acts as way for youn8 callers to access other opportunfties within Become. including ongoing one-t(Fone support and coachln& our Link Up gTOUP 5ession5. and campalgrting and influencing opportunities through Become the Movement. "Thortk youforeyerything. I don'tolw0￿ e¥pre55 things Very well. but loppreciote your5upport. Iknow thfflnqs ivlll9et bettertoo. thonkyouAorspendiri9 the dme 0ndsh0￿ng yoii core." Care experlenced young person. November 2022 BECOME CHARITY WORKING NAME:BECOME COMPANY NUMBER: 2700693 YEARENDED31 MARCH 2023 In an effort to reach those youn8 peoplè fatin8 particular disadvantage. we piloted an in-person ca￿ Leavers Advice Surgery at HMP Pentonville. After eartysuccess.we delivered rnoThthtyadvice surgeries. advising 23 young people on their rights and entr"tlemefflts as Care leaveTr. enabling them to access the support they're enDtled to whilst in custody, and in preparation for release. We plan to build on thi5 in the coming year. extending our offer to other custody settings. "Ileelmore èdLKUted ondoble to know who to contryrt ill needed help." (ca￿ leaver at HMP Pentonvillel The Link Up We have continued to deliver weekly Lrnk Up sessions. creating a safe and svpportive social space for care leavels to build friendships and community. 27 young people attend. the majority of whom attended mulriple Llnk Up sessions. We facilitated Link Up"speoals", including a seriesfocused on poetry and anotheron self-love and setfnse. holding meetin85 throughout the year with various parliamentarians across political parries to secure support for the chanBes we wanied to see. including Helen Hayes. the shadow Children's Minister and Layla Moran. the Lib Dèm Edu¢arion Spokespeison. We briefed MPS for J backbench dèbate on the Care Review and a separate debate on the cost of living- highli8hiingthe impact on care leavers. We aLso briefed Peers forseveral debates in the House of Lords and.were pleased to sèe parliamentarians drdwing direct￿ fiom our briefings. We also mel with several DIE teams to influence thinking about trnplementaD'on of the Care Review and provided various opportuniiies tor DfE teams to hear from young people directly. A highlight this year was taking 100 caie*xperienced young people to Parliament. Working with our partners from IMtsOurCare (7 voluntary organisationsl. we held a rally in Parliament. which included MPS meeting with LO BECOME CHARITV woR￿NG NAME: BECOME COMPANY NUM8ER:2700693 YEAR ENDED 31 MARCH 2023 young people and 518ning a pled8e io listen to their view5. and a round1ab￿ wtth the Secretary of State for Education and Shadow Minister. losh Ma(Alistef Iwho led the Independent Review of ChildrÈn'5 Social Carel. the Chief Secretary to the Treasury and the Children's Commissioner. We followed up later in the year with a social media dav of action. where youn8 people could share ffles5a8e5 WTth MPS. We also held a roundtable in the House of Lords hosted by Baroness Young for Peers to hear from young people diredlyon our 2 key ¢ampai8n a￿a$-the care cltff of support asyoun8 pegpleturn 18 and instab1lityfor¢hild￿n in care-with Department for Education leads also in attendance. Our 'Home for Christmas. research report highlehied how many child￿n We￿ facing inslability over the Christmas period- 1,2S7 chIld￿n moved placemeots betweèn 18 Decembèr 2021 and 3 January 2022. Our research was picked up widely in the rnedia and was referenced in boEh the House of Commons and the House of Lord5. Throughout the year. we produced a fange of policy statemenis. reports. coftsultation responses. and briefing5 for parliamentarians and others to better rnform decision makers and influence policy development and practice. This included respondin8 to the Government consultation on supported accommodation, and various meetings with Ofsted on both sUPPOrted accommodation and the introduction of a separate inspettion ludgemeni for care leavers. wh￿h we wère pleased to see will be implemented. This year. as part of our commitment to being an evidence-based organisa￿On. we began our 3-year re5e3rch partnership with the Llniversily ol Oxlord's Rees Centre to understaftd what success means to care leavers. Researchers are working alongside our care-experienced de518Th group named 'Future of Care. made up of 12 young people aged 21.25 and over the next 3 year5. The tearn will co-produce ￿earch materials and outputs, gainlng insights from a range of stakeholdets includin8 local authoriiies and other young people_ At the end of the project, we will have a new tool that can Measu￿ the Suc￿$ of care leavers. Young people's participation in improvlng the care system Our work to improve the care system is delivered alOn￿lde young people with expertence of ¢ère and underpsnned by our values. We believe strongly irt ihe experttse held by care-experienced young people and seek to creatè opportunities where their views Can be shared directly with decision makers to improve policy and practice, in w?Y5 that are both meaningful and safe. This year wè have grown our ¢apacity to work with rnore young people and in drfferent ways. and over the couise of the year, 220 young people shared their views. told their story. orfed into our policy and participation work to influence change. Become The Movement is our growing network of care*xperienced children and young peop￿ and th15 year we established a regular newsletter and WhatsApp broadcast gfovp so we can share opportunities io engage in campaigning for change. We have made sure that their voices have been heard by decision-maker5- whether thatwas arranging opportunities loryoung people to talkdirectly. orby collating their input to share in briefings and reports. Examples over the last year include= Bein8 invofved in 8roups focusing on a particular project such as: o Our new Corporate Parenting Group. which is exploring who could be a corporate parent. In advance of Government consulting on this issue later this year o A new campai8n group. helping to design a new campargn around instabilty o Our research group 'FUtU￿ of Cart. which is working with the University of Oxford Rees Centre to develop a tool that can measvre what success means to Ca￿ leavers IA BECOME CHARITY WORKING NAME.. BECOME COMPANY NUMBER.. 2700693 YEARENDED31 MARCH 2023 Meetings with MPS, Peers and Ministers thfough #itsOurC4re dayof action; APPG events and House of Lords roundtable Respondin8to surveys and ¢onsultations and pinin8 focus gr￿lpS It's important that professtonals hear directfy from young people on what good prattl￿ looks like artd many of our nelwork members 5￿ke powerfully and expertty at events for professionals and decision-makef5 this yeaf, ncluding the Childfen in ca￿ cOnfe￿nce. care leavers events and Ofsted workshops on inspections. We have been developing our processes and approache5 to rnake Sure that young people's involvernent is safe, meaningful. and rewarding and updated policies and Pfoce55es to support this. Campaigning and Communications Our ongoing communicat￿On$ and Campaigns highlight specific issues with the care system and seek to drive change by raisin8 public awareness and undeistandin& challenging attitudes, and speaking to thrise in power who can make chan8e happen. always en5uringyoung peopl¥svoices are front and cent￿. Signups to our supporter newsletter contiftue to Brow with nearly 7.LklO on our mailing list, a year-to-date increase of 68%. We also saw a 25% increase in follower5 across our social media channels. We were proud to launch our Trew look Fmpact report this year. highlighting what went well and what we wovld like io do even better next year. We created over Soopportunities foryoung people to 5haretheirviews and experiEn¢es with professlonals and potential supporters through our owned and earned cornmsjnications platforms and 24 separate occasions where young people shared their ¥￿w5 with the media. We had our highest ever Itv•l of media coverage this year. appÈartnE in S8 national features including BBC News. ITV. Channel 4. The foday Programme and a ran8e of newspapers including the Guardian, the Independent, thÈ Express and the Sunday Mirror. In additton, we had 37 stctortrade mentions. plus 32 regional, 24 local. 5 International and 2 national name checks fof SiBned sector letters afound the Cost of LNing and the Human Rights Act. Hvdhlights included: A Christmès ftature in the Metro Wide pick up on our Home for Christmas research, startin8 With an Èxclusive ort the Today Programme, n opinion piece in thè Exprèss and pick up acr05s a fange of national and local media l]V news piece on care leavers and the cost-of-livin8 trisis Our response lo Govèrnment's implernentation plan proposal- includin8 a young person we work with on Channel 4 News and a fèature in the Sunday Mirror wrth young people's responses to the Governmenvs plans A tonsumer media feoture in Woman magazine This year, we started a reactive media campaign to challenge 5ti8rna by respondinB to resident complaints about planning perm¢ssion for children's homes. calliftg lor more understanding and urging resrdent5 to contart their MP io ask why more is not bein8 done lry Government to help children in ca￿. During the special days, week5 and months that cetebrale the Voices of care-exper1en￿d ¥ounB people we ask voung people toshare theirviews and raise public awareness of issues in the care system. Care Day is thewodd's biggest ￿lebr?tion of children and young peoplewith care experience. and we have been leadinglhe campaig in England since it first began in 2015_ This year our aim was to challenge common mi5conceptrons abotst care 12 BECOME CHARITY WORKING NAME: BECOME COMPANY NUMBER:2700693 YEAR ENDED 31 MARCH 2023 and tackle the sttgma and prejudice that care-experienced face by amplifying what they want people to #XnowAboutCare. over 360 peoplejoined in. reachin8 2.1 million people. At the start of 2023. we also iniDaied #Day18- on the 18th of each month we mark the age at which young people are made to leave care, usin8 pnfo8raphics to rnise awareness of our campa¥n to Il£ndTheCareCliff Collaboration We collaborate and partner with voluntary sector organisations and public bodie5 to ensure yotsng people can acce55 the support they need. to strèngthen ourwork to improve the care system and ensure carfrexperienced young people have opportunities to shape activity in the secior. We are members of alliances and coalitions campaigning on bssues in the tare systern, indlkding the Alliance for Children in Care and Care Leavers. Alliance for Youth Justice. Maternal Mental Health Alliance. Children'5 Rights Action Group, the Kinship Care Alliall￿, #KeepCarrn8To18 carnpatgn and the steerrng group of #It50uiCare. Wè also sit on Ofsted'5 Social ca￿ National Conststtative Forum and National Network for the Education of Care Leaverfs National Strategy Group and the Children England Board. We collaborate by adding our Vol￿ to sector campa%ns and this yearwe have supported a range ofcampaigns around young refugees. investment from GovemmenL SEND prop05a15 and the UK examination by the United Nations Comrntttee on the Rights of the Child. Our expertise has a150 been welcorned through joining advisory boards and steering groups including Ofsted's Supported Accommodation Advisory Group- John Lews Partnership expert 8roup and Nan"onal Network for the Education of Care Leavers Quality Mark. as well as speaking at events land supporbng younK people to speak at events) to share experrise. We also partnerwith ocademics su¢has our3-year pro8ramme wilh the Rees Centre at Oxford unive￿Ity looking at how to better assess ouicomes for ca￿ leavers. 13 BECOME CHARITY WORKING NAME: BECOME COMPANY NUMBER.. 2700693 YEAR ENOED 31 MARCH 2023 Financial rèview Fundraising We rely upoh the commitment arid generoslty of indi4ndua15. trusts and foundations, and businesses to support care*xperienced youn£ people and change the care system. Our funders and supporters play an integral part in ourwork, and the generous support we receive enables usto make a difference to the INes of the young people ive staftd shoulderto shoirlderwrth. The majority of our income comes from grant-making organisations. we are also gratetul to Ibe supported by members of th.e public who re8u.larty support our work through Challenge events and DIY fundraisin8. Become also works with a number of corpordte partners who make donatlons to Become's work andlor support their employees in fundraising. We're deeply 8rateful to our supporters. and the cornmitment they Sive locare*xperien¢ed youn8 people and changing the care system. He￿ are lusr ￿rne of the extra_ordlnary sup.porters who inake ourwork possible.. AKO Foundation Jane & John Hutthinson Allan and Gill Gray Philanthro Jatxes Laughland BBC. Chddren in Need k¥hn Tumer Bikingfor Child￿n in Care Kate Somer¥fille Sklncafe Become Playe The Lbstent￿ Fund 81agraveTrust Lincoln Private Investment Office Foundation BPL Global Annie Macmanus BTMK Mark Leon•rdTrusi Capital One Mediawofks Clothworkers',Foundation Pamela Morgan and Christopher Plummer The Con51dered Ask Foundation The Patriaa Roudedge Foundatb)n Cou51n Media Group NewsUK Dufverton Twst Royalwarrani Holde￿ Asso¢bationCharlty Fund Esrriee Farrbairii Foundatiosi so￿erCharlE￿b1e Tfust Thè Fran¢is Lau8hland.Tiust Swire Charitable Trust The Wlll Houghton Foundatlon We warmly acknowledge and remember John Crisp. 14 BECOME CHARITY WORKING NAME.. BECOME COMPANY NUMBER: Z700693 YEAR ENDED 31 MARCH 2023 Ouramazirtg comrnunity ofsupporterswentabove and beyond wi 22123. There are $0 many highlights. but here are just a few. Our Biking for Children in Care Comrnunity celebfated its 21" anniversary-what an excEPtional group of people. We cheered on rÈcord numbers of runners in The Bie Hair- the day was a huge celebration of oll they achieved. Our Become Playets went from strength to strength. and we We￿ delighted to win Best Online Stewardship 2022 at Charity Virtual Events Awards, for our supportive Discord server. Our dedicated hi8h-value supporters continue to help us 5UPPOrt ¢arÈ-experièntèd young people. In 22123 over40 companies, trusts and foundations. and philanthrop'ists wanted to make a differÈnCè in the Iwes of care-experienced youn8 people. Thanks to their generostty we were able tts continue supporting our community. A massive thanks to our brilliant supporters for their inspirin8 commitment to our work. M05t of our fundraising attivity is rnanaged by our small in-house fundraisiftg ieam. During this year wè did ernploy thè services of some specialist providers to support us in certain areas. This included dwit31 acquisition consultancy from The CollectNe (The ColledNe is the trading name of Team Collective Ltd) We did not en8a8e the 5ervi¢es of anv F￿OfessiOnal fundraisin8 a8eft¢ies to undertake direct response fundr3i5in& solicitation or cultNation. either by phone. online 0rf3ce-to-fa￿. We plan our fundraFsing comrnunicatKJn to ensure we doftl create undue pfesstsre to donate, and, whÈre possible. WÈ take active step5 to avoid Ca￿-experienced young people being shown our fundraising requests. We seek to share the atsthenticvoice of the young people we support and never sensationalise their experieneÈs. We record donor detai￿ and preferences on our secure database to ensure we contact them in the way they choosÈ- supporters have the option to update their contact preferen￿5 at any time. .We act in compliance with the terms laid down by the Fundraising ReguLitor. and data protettitin Euideline5. We strive to achieve the highest POS5ible 5tandard5 of professional conduct and Standards when fundraising and undertake several measyre5 loensure we are accountsble forour prartices. We had no complaints this yearwrth reganl to our fundraisrng practices. We cafryout our artivities in linè with our own value5 and commitment to equity. dtversity and inclusion. Our principal sources of f¢JndiThg duringtheyear continuedto be grant fundin8forinformation piojerts and various young people participation projects repre5enling 69% of the iotal income of the charity 12022.. 66%). Grants are recorded as income from charitable activities. The other 31% is derived from voluntary donations. challenge events. and In¥estment Income. 15 BECOME CHARITY WORKING NAME: BECOME COMPANY NUMBER.. 2700693 YEAR ENDED 31 MARCH 2023 Income comparatives Income Sources events 9% I £1.￿00￿ Ir(orne Saks Voluntary Irxorne lTrEc¢nefrorn •Ldv11*5 • 2022-23 • 2021-22 Overall income In 2022-23 was 'S% lower than thè previous year, at £L407,743 tompared to £L488,078 the year before. We were also grateful to havè rtceived a 8enerous legacy in 2021122 which accounted for 15% of income in the previous financial year. Tot41 expenditure increased due to demand on seryi¢e5 #nd to reflect organisat￿nal grovrth ￿ans. This was up 9% to £1,471,449 compared to £1,355.735 in the prevlous year. In the coming year. Becomè will be working to rnaintain and enhartce income #eneration, and to conlinuetè invest in philanthropic and corporate fundraisin& and build our proposition5 and pipelines in thi5 area. We will focus on sustained impact for thildren in care and c4rtrexperienced young people and on resources for support bu¢ abo innovatton and rnsEht to address the challenges they face. We continued to dèliver direct woth to young care lèavers throu8hout the year. focu5in8 our work towards one-to-one support. the Care Advlce Service and Propel lour online resource for care- experienced young people who would like t¢ 8et into higher and further edutationl. Our work continues io attract interest from other ow¥ani$at￿ns and policy-makers as we take what we leam from dirett delNèry to infrjrrn policy and infiuenang work. Restrlrted fitnds rarsed for participation projerts and inforrnatvJn support totslled E632,813 In 2023 IZ022= £728.1061. SpeDdinB agaifist grants received amounted to £526.987 12022: £548.1961. Any restricted funds unspent are carrled for*ard fof use in followÉi¥ year5. (harbtablEworVAC￿n￿tylVe*. 2019-2 Totalcharit*blework ÉgXA36 É498.601 61921 1ncreax1ldec￿l tyi pre￿u5 51% Reserves policv At 31" March 2023, the total reserves of the tharity were £791.533. of which £461,195 was ￿$trIcted byfunders forspecrficprojects, £147.460wasdesi8nated and É182,878w35 unrestrl¢ted. The Trustees hive deaded th¥t the charity should aim to retain an appropriate level of unrestricted.'frpe' reserves. which are sufficient to cover between 6 to 9 months, core rnnnI￿ costs. In 2023 this represents between £312.785 and £469.178. TheTrustee5 cal¢ulaie the Iree reserve5 asthat part of the unrestricted funds that3￿ freely available, and not including any designated funds which have been eamiarked forspecthc projects. At 31 March 2023, the charity carrfed forward unrestricted free re5eNes of £172,23012022:£284.1441 representing aroundtwo months. core rnnningcostson our8enernllundof £927.733.. see unrestricted expenditure on pa8e 28 as folbws.. BECOME CHARITY WORKING NAME:BECOME COMPANY NUMBER: 2700693 YEAR ENDED 31 MARCH 2023 Unrestricted reserves £182.875 less: net book value ol unreslrirted r￿ed assets (note 91 £110,648) Total vnrestricted free reserves E172.230 Investment policy The Trustees managed the investrnent porrfolio in accordance with our governing docurnent."Monies not immediatety required for the obje¢t5 of the charity rnay be invested in investments. securf(ies or property as may be thou8ht fit having re8ard to any consents and in accordance.with any relevant laws. The finance 5V￿coMMIttee includes Trustees w((h sufficTrent specialist knowled8e and experlence of investmertts suitable to the present needs of the charity. We held investments rn cash deposits and the COIF Global Equrty Fund at the year end. The investments are prirnarily held. for income purposes, 8enerating £6,730 in the year - a return on investrnent of "2.66%. Although we do not have a specthc target for returns on inve$iment, we aim to have a positive return. L7 BECOMECHARirY WORKING NAME: BECOME COMPANY NUMBER: 27￿693 YEAR ENDED 31 MARCH 2023 Principal risks and uncertainties Strong ftnanthal controls a￿ In place to mitlgate the rtsk of. finanual losses due to theft or fraud, and these contro15 are regularly reviewed. We a150 have in ptace a safeguarding policy that applies to all staff and Trustees, volunteers orcon5ultants worklng on our behalf. Trustees monrfÉor the charity's risk reg¢5tef and chaoe the Chief Exetutive and sènior management team to effiploy appropriate controls and mitigating a¢tions to mana8e the levels of risks. The board 15 satislièdthat the charty is managbng its key risk areas= Financial $urety Increased costs and insu"ffident income to delirfer mission & plans. hei8htened by.e¢cinomlc cllmate. Business Continuity •nd Oper*ional Resourc•ng staffi￿ls5ues ineining reduL-ed capacity & loss of ￿n￿lledge. & skills Lack of operational and administrative capaaty" and external provision impacts on business oritinuity Icrsy5terns faihjres or other data breath ￿adIng to operational & dat4 protertion kssues External forces le.& future pandemics. terrorist attscks. flooding etc.) ￿ad to business continu4ty risks Good Governance Lack of good governance & strategic leadership leading to Mission drift & reduced impactlor Inabillty to adapt. rneani￿ we fail to remain relevant. Safe8iiardini children and young people Ineffective profe5510r￿[ préctice & sale8uafding policie5 & procedures puttlng thildren & voung people at risk Stratryi¢ clarity and visio Failure to Create a fvIW equitable. diverse. inclusr¥e oryanisation leads to impaci on mission an4 réputational r15k Our offer become5 Outdated or irrelevant to YOUn8 peoplè" We fail to adapt io new tethnol¢4y and becorne a dytal orgaftisation We do riot maintain our position as key Ptayers in thesectorordo notcap1tal￿eO￿ partnership & collaboration opportufttes Challenging polTtical climate rnean5 we th Mt seè p)fKy changes needed Good reputstioTr. proffle Low external profile underniifting potential to generatt unrestrirted funds. achleve influencing goals artd reach ¢are-experienced young people External artNtty on social media has a detrirrientsl Impact on Become's reputation .18 ECOME CHARITY WORKING NAME: BECOME COMPANY NUMBER: 2700693 YEARENDED 31 MARCH 2023 Plans for the future We plan to ¢(Jntinue to graw our organisaiion in order to increase our impact and make a dfftrente to the INe5 of mrJfÈ CaTeoxperienced children and young people. Next year will see a step change in our ability to support wung people and increase our accessibitity and reach as we trdnsitson to a new call handfing platform which will enableyoun¥ people to use • range of digital too15 to access 5UPPOrt from Become. After a successful pllot at HMP Pentonville. we plan to extend ￿roffer to othercu5todial settings. We will 4lso be expandin8 our Propel programme with a support offer for ¢are lea*&trs looklng to ac￿55 vocational opportunities, InC￿ding apprenticeships". We are inueasin8 our outreach (apacity $0 moreyoung people artd profeSs￿nal5 know about ourwork. Ourwork to develop strong and robust ifflpact measurement prnctices auoss our services will continue, ahd we will embed new impact measures into our system and develop our ￿idenCe bank Young peoplè a￿ best placed its know what is workin8 and wh•1 is not and their voices are crilical IK*th within 8e¢ome an.d in bringing about briiader change. which 15 why we are inC￿a51n8 our participation capachty and have an ambition togrowthe numberof careoxperien¢ed children andyoung people involved In ourififluenclng work to 200 next year. WÈ will continue to work to influence 8o¥emment policy arrf with a General Election on the horizon. bulk public supptsrt via our campai￿lME aftd rnedia work. This will include launching a new campaien to improve stabllity for children in care. as well as building on our current campaign to End thè Care Cliff. We will also be runnlng an inquiry into coiporéte parentin& on behalf of Mefflber5 of Parliament in the All Party Parliamentary Group for care-experienced chlhjren and young peopl¢ WÈ will continue to develop our Equrty. Diversity and Indusion approach. includinB lookin8 at how we attiact diverse talent into our orEanisatt"on. continue to build an inclusNe culture where all our team feel a sense of .belonging and to reach and centre the voices of cafe•periencedy.oung people of diverse backgrounds. We are constantly learning and will be looking at dear measures to report against this work and ensure we are accountable. .19 BECOME CHARITY WORKING NAME: BECOME COMPANY NUMBER: 2700693 YEAR ENDED 31 MARCH 2023 Structurei governance and management Governing document The organFsation is a charitable compary limited ￿ guarantee, inco*orated on 26 March 1992 and registered as a charity on 22 April 1992. The company was established under a M"emorandum of A$5tstiation which established the objects and power5 of the charitable company and Is governed under its Article5 of A550ciation. Members of the Charitable company guarantee to contriljute an amount not exceediTr8 £1 to the assets of the tharitable company in the event of winding up. The total number of such euarantees at 31 March 2023 was ten lin 2022 it was ele¥enl. The Trustees ha¥e no benefftlal interest in the charitable Company. The legal objects of the charity Ovr legal objeets arè to promote the care. upbringing and establishment in lrfe of children and youn8 people who a￿ or who have been looked after or assisted ty local authorities or other public or chaiitoble bodies charged with the care and upbringit)E of childreo who are or who have been In the care of foster or adoptNe parents and Sn partlcularlbut wtthout lirnitationl by: l. Providln8 educatron. trainin8 and athi¢etO suth children and youni people ar￿ tothelr carers 2. Conducting and promoting researth as lo the most effective means of providinB care. makinB available the usefvl results 3. Relievir% poverty. si(kne55. hardship and distress and preservi￿ aftd protectin8 the heatth of suth thildren and young peo￿e. Board of Trustees The Board assesses itsskills baseon a regularbasis and fills identified gaps byadverti5in8 and r￿1￿111n8 new Tnjstees. Trustees a￿ chosen lor thelr complementary skilb. breadth of experien￿ and contribulion to the charity tn a range of ways. New board membets are appointed by the L¥)ard to serve the period up to the next AGM when the appointment 15 Put to the Membe￿ forapproval. The chair and Trustees are appointed on a three-year terrn, renewable for three terms. subject to consideration by the Board in particular ¢ircumstances. The mlnimum number of Trustees is four and the maxlmum number 15 12. New Trustees meet with the Chair. Chief Executive and the senior leadetship team a5 part of an induttion process. As the charity works with Vulnerab￿ children and young people, disclosu￿ and barring 5e¢vlce chècks are complèted as appropriate In accorda￿ with oursafeguarding pollty. In addition to fegular board meetin8S, the board holds periodic strategic planning and revie4¥ day5 to tonsider emerging issues and develop straiegit plans. We are pleased to.have a diverse board in term5 of 5kn115 and experien￿ and olso diversity around race and age. We are proud ihat half of our board are ca￿-experienced. The charity invests in Board Development to enable board membery to Ixtter know each other and appreciate the different expertise and perspe(tives on the i¥>ard and to enhante board decision rnaki￿ and effectiveness. 20 BECOME CHARITY WORKING NAME.. BECOME COMPANY14UMBER: 2700693 YEAR ENDeD31 MARCH 2023 Organisational structure The board of Trustees meets quarterly and is responsible for overseeing the strategic direction of the charity. Tnjstees reviewsalaries on an annual basis a5 Part of the organigaiion's budget cycle. Salaries are set based on thè requirement and responsibility of a role and sector pay benchmarking. The Finance and Funding sU￿COMmIttee meet guartefty prior to board meetin8$ to infomi. siÈpport and monitor key finance and risk areas. and reiK&rt to the full board on these areas. RespoThsibility for the day-to43y running of the charrty and delivery.of activities is delegaled to the Chief ExetLbtive artd the senior management tearn. 21 BECOME cHAR￿y WORKINGNAME:BECOME COMPANY NUMBER: 2700693 YEAR ENDED 31 MARCH 2023 Statement of responsibilities of the Trustees The Trustees, who are atso directows for the purposes of cofflpany law. are responsible for preparing the Trustee5' annual report lincludin8 the strategic reportl and the financial stalements in accordance with .applicable law and Uniled Xirtgdom accountin8 Standards. Company law requires theTiustees io preparefinanckil Statements foreach financial year. which 8Ne a Irue #nd fairview of thestate of affairs of the charltable company and of its incoming re50vrces and application of resources. including thè net income or expendilure, for the pÈriod. In prèparing those financial statements, the Trustee5 are required to: • Selert suitable accountin8 pollcles and then apptythem consistentFy Observe the mèthods and principles in the Charitie5 Statement of Rewmmended Pra¢tice ISORPI • Make judgements and estimates that are reasonable and prudent State wh￿her appllcable Accountingstandards and Statetnents of Recommended Prartice have .been followed, subjert to any material departures disclosed and explained in the fi'nanclal ststements Prtpart the finanual statements on the going concern basis unless it is inappropriate to presume that the chariiable company will contirtue in operation The Trurtees are responsible for keeping proper acct￿ntIng records which disclose wlth reasonable accurary at any time the linancial position of tharitable ¢ornpny and whi¢h enablè thèm to ensure that the fjnancial statements compty WTih the Companies Act 2(M)6 and the Memoranduffl and Articles of Association.The Tru5tee5 are also responsibleforsale8uard4n8thè assetsof the charitable company and hence for taking reasonable steps for the prevention and detertw of fr•ud and other ifregularrties. In so faras the Trustees are aware: • There is no information relevant to thè audit Of which the auditors a￿ unaware The TTU5tees have taken all steps that they ought to have to make themsefves aware of any relevant audit infomation and to establish that the auditors are aware of that information. 22 8ECOME CHARITY WORKING NAME.. PECOME COMPANY NUMBER: 2700693 YEAR ENDED31 MARCH 2023 Auditors A resolution to appoint the auditor forthe coming year will be put to a future Trustee meeting. In approiiing the Trustees. Annual Report. we also approve the strètègic re￿rt in¢luded,therein. in our capacity a5 company directors: Approved ty the Trnstees on 20 September 2023 and si8ned on their behalf by= Hu8h Thornbety CBE Chabr Eliot Lyne Treasurer B£COME CHARITY WORKING NAME: BECOME COMPANY NUMBER: 2700693 YEAR ENDED 31 MARCH 2023 Report of The Independent Auditors to the members of Become Charity Limited Oplnlon We have audited the financial statements of Become Charity Ithe 'charitable cornpanw) for the year ended 31 March 2023 which comprise the Statement of Finaftcial Attivities. Balance Sheet. Cash flow ststement and ftotes to the financial statements, including a summary of s￿n￿lCant accounting policies. The financial ￿porting frameworkthat has been applied intheir preparation is applicable law and Unlted Kingdom Accountlng Standards. including Financial Reporting Standard 102 The Financial Reportinq Stondord opplicoble in the UKund Republic ollrelL7nd (United Kingdom Generally A￿pIed Accountin8 Prnrticel. In our opinion the financial statements: 8ive a true and fair view of the state of the charitable companfs affairs as at 31 March 2023, and of tts incoming resources and application of resources indudlng its income and expenditure, for the yearthen ended: have been property prepared in aca)rdance with United Kingdom Generally Attepted Accountin8 Practio- an • have been prepared in accordance with the requirements of the compani￿ Acl 2CM)6. Basis for opinion We conducted our audit in accordance with Internat￿fia1 Standards on Auditing IUKI IISA5 IUKII 3nd applicable law. Our responsibilities under those standards are fvrther described In the Auditorfs responsibilities fctrthe audit of the finanoal statements section of our rep)rt. We Jre Independent of the tharitable company in accordan￿ with the ethical requirernents that are relevant to our audit of thefinancial statements inthe UK. including the FRCS Ethical Standard. and we have fu￿lled ourother ethical responsibilities in a¢¢ordance with these requirements. We believe thatthe audit evidence we have obtained is sufficient and appropriate to provide a bas￿ forouropinion. Conclusions relating to golng concern In audit(n8 Ihe financial statements, we have concluded th?t the Trustees. use of the going concern basrs of accounting in ihe preparatH)n of the financial statements is appropriate. Based on the work we have performed. we have not identified any materiil uncertaiftties relating to event5 or conditions thal indtvldualty or collertNety. may cast S￿nificant d¢wbt on the charitable company's abilityto Continue a5 a goin8¢oncern for a period of at least twelve months from when the financial Statements are authorised for issue. Ourresponsibilities andthe resPOll5ibilitiesof theTrustee5with respectto 8oingcon¢em a￿deScribed in the relevant sections of this report. 24 BECOME CHARITY WORKING NAME.. BECOME COMPANYNUM8ER'. 2700693 YEAR ENDED 31 MARCH 2023 Other information The Tiustees are responsible for the other information. The other information Comprises the irtformation included in Trustee$. annual report. other than the financial staternents and our auditor's report the￿On. Our opinion on the financial slatements does not cover the other information and. except io the extent othe￿1$e explicitly stated in our report we do not express any form of assurance conclusion thereon. In connectK)n with our audit of the finan¢ial stalemtnts, our re5ponsibil¥ty is lo read the other information and. in doing so. consider whether the other informatKJn is materially irtconsistent with thè financial statèments, or our knowled8e obtained in the audit orOthe￿Ise appears to be rnaterially mi55tated. If we tdenlify such materTral inconslStencie5 or apparent material misstatement5, we are required to determine whether there is a material misstaternent in the financial statements or a material misstatement of the other information. If. based on the work we have performed. we conclude ihat there 15 a material m￿tatement of th￿ other information. we are required to report that fact. We have nothin8 to report in th￿ regard. Opinlons on other matters prescribed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit: the information given in the Tru5tee5' report lincorporating the strntegic report and the directors, report) for the financial year for which the financial statemènts are prepared is consistent with the financial statements- and the strategic report and the directors, report have been prepared in attordan¢ewiih applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charitable company and its environment obtained in ihe course of the audit, we have not identtfied matertal mtsstateinents in the strategic report and the dirertors. report. We have nothing to report in respect of the followin8 matter5 in relalion to which the Companies Act 2(￿6 requires us to report to you if. in ouropinlon: adequate accounting records have not been kept. or returns adequate forour audit have not beeft received from blanches not vi%ited us,- or the finan¢ial staternents are not in a8reement with the ac¢ourtting ￿t9rd$ and returns.. or certain disclosures of dirertors, remuneration speciPied by law art not made.. or we have not receivÈd all the informaiÈon and explanatbons we require for ouraudit. Responsibilities of Trustees A5 explained more ful￿ in the Trustee5' re5ponsibilit*s statement the Tfustees (who are a150 the directors of the charitable company for the purposes of company lawl are responsible lor the p￿paIatÉ0n of the financial statements and for being satlsfied that they gtve a true and fairv¢ew, and 25 BECOME CHARfTY WORKINGNAME: BECOME COMPANY NUMBER: 2700693 YEAR ENDED 31 MARCH 2023 for such internal control as the Trustees detemine is rieces5Oryto enable the preparntion of financtal statements that are free from material misstatemenL vihether due to fraud orerror. In preparing the financial statements. the Tn￿tee$ a￿ responsible for assessing the charitable companvs ability to continue as a going cOn￿rn, disdosin8, a5 applicable, matters related to goin8 concern and usin8the 80ing concern basis of accounting unless the Trustees either intend to liquidate the charitable company Of to cease operations. or have no reali5tK alternatNe but to do $0. Auditorfs responsibilities for the audit of the financial statements The objettivesof our audit are to Identify and assessthe risks of material mismatement of thefinaftcial statements due to fraud and error; to obtain sufficient appropriate audit evidence regardin8 the assessed rtsks of material mi5Statement due to fraud or error: and to respond appropriately to those rlsks. Owing to the Inherent limitations of an audi¢ there is an unavoidable r￿k that material misstatèmerits in the financial Statèments may not be detsrted. even thou8h the audit ts properly planned and perfomied in accordance with the ISAS IUKI. ln Identifying and assessing risks of material misstatement in respert of irre8ularities. induding fraud and non-cOm￿l3ftce with laws and re8ulation5. our procedurè5 induded the followin8- • We obtained an understanding of the le8al and regulatory frameworks applicableio the charity and the sector in which it operates. We detemiined that the following laws and regulations were m05t 518nifKant: The Charities Act Companies Act 2016. UK GAAP and Chartty SORP FAS 102. • We obtained aTrunderstandrng of how the charity $ cornplyin8 with those Iwl and regulatory framewofksand made enquiries to the management ofkriown or5U5pected instantes of fraud nd non.compliance with laws and regulations. We corroborated our enquiries through our review of board minutes, olher rekvant meetin8 minutes and vf Cor￿SPondente with regulatory bodies. • We assessed the susceptibility of the charivs finanoal statements to inaterlal misstatement. Including how fraud might occur. Audit procedures perfornied bythe audil team induded.. o Identifyingand assessinÈthe controls management has in placeto prevent and detert fraud: o Understanding how those charged with Bovernancè conSide￿d and addressed the potential for ¢)verride of mnlFols or other inappropriate influence over the financial reportin8 pro¢ess.' o Challenging assumptions and jud8ments made by management in Its signiftsnt accountlngestimates andludgments. o Identifying and testing journal entries. in partKular journal entries posted with unusual account combination5.' and o A55essln4 the extènt of compliance with the relv4ant laws and regU￿t￿n5. There a￿ inherent limr¢athJns in thè audit prLxedures described above and the fvrther ￿moved non- compliance with laws and re8ulations are from the events and transactions reflected in the financial statements. the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detectÉng one resultlng from error, as fraud may Invofve deliberate concealn)ent by. for example, fo￿ery or intèntional misrepresentations. vr through collusions. A further description of our responsibilities forthe audit of the financlal statements is located oft the Financial Reporting Council's web51te. Thts deSCript￿n forms part of ¢)ur Aeport of the Auditor5. 26 BECOME CHARITY WORKING NAME:8ECOME COMPANY NUMBER.. 2700693 YEAR ENDED31 MARCH 2023 Use of our report This feport is made solely to the charitable compartrfs members. as a body. rn accordan￿ with Chapter 3 of Part 16 of the Cornpanie5 Act 2006. Our oudit work ha5 been undertaken $0 that we might State to the charitable company's ii7embers those matters we are required to state to them in an auditor's report and for no other purpose. To ihe fullest extent peimitted by law. we do not accept or assume re5ponsibtlity to anyone other than the charitable company and the chailtable cornpanr chafitable activitiès. Choritoble expenditure ¢omprisesthose costs incurred by the¢harity in thedelivery of its athvities and services for its benefi¢iarie5. It include5 both costs that can be allocated dire￿￿ to such acDvities and those costs of an indirect nature nece$5ary to support them. Support costs are th05e funclion5 Ihat assist the work of the tharTrty but do not directly undertake charitable activities. Support CQSts include back￿ffice costs, h"nance, personnel. payroll. IT costs, and premises costs which support the charitV5 engagement proÉrammes and attivities. These costs are allocated between the costs of raising furtds and expenditu￿ on charitable activities. The basis of apporknonrnent is set out at note 8. Governt7nce costs include those cost5 associated with meeitn8 the ¢oftstitutional and statutory requirements of the charily and include the audit fEes and costs linked to the strategic management of the charity. Operating lea5es.' Rentals payable underoperating leases. where Substantial￿ allthe risks and rewards of ownership remain with the lessor. are charged to the statement of financial ath"vities in the year in which they fall due and on a straight line basis over the tefm of the lease. Tangible fixed assets: All assets Pvfchased with a value of 0￿r £1.0￿ and a tife of more than one year are capitalised at coll. Depreciation is provided at fates ¢4ltulated to write off the c05t of each asset to its estimated residual Value on a strai8ht line basis over its expected useful life, usually 3 years. Leasehold improvements and the buildin8 of cloud and other IT infrasirutture is arnO￿5ed over the remaining len8th of the lease or over S year5 if shorter. Investments.. Investments are shown in the accounts at market value at the balance shèet date. Any unrealised gains or losses made in the year are recorded in the statement of financial acbvibes. Debtors and prepayments.. Trade and other debtors are recognised at the settlernent amount due after any trade discounts. Piepayments are ¥alued at the amoltnt prepaHI net of any d￿cOUnts. Cash at bank and in hand= Cash at bank and in hand includes cash and short term highly liquid investrnents with a short maturity of three months or less from the date of acquisition or openin8 of the deposit or similar account. 32 BECOME CHARITY WORKING NAME.. BECOME COMPANY NUMBER.. 2700693 YEAR ENOED 31 MARCH 2023 l Accounting policies cont. Creditors and provi5i0ns- Creditor5 and provisions are recognised where the charity has a present obligation resultr.ng frorn a past event that vlill probabty result in Ihe transfer of funds to a third party and the amount to settle the oblvdalion can be measured 01 estimated reliabty. Fund accountin8'. Restri¢tedfunds are to be used for spteffic purposes as Fasd down by the donoror funder. Oesi9nated funds are unrestrirted funds that have been set aside ￿ the Trusrees for particular purpose5. The aim and use of each desiBnaled fund is set out in the notés to the financial statements. Generollunds a￿ unrestrided funds which are avèilable for use at the discretion of the Trustees in furtherance ol the general objeciives of the tharity and which have not been designated foi other purposes. Trt7nsfrrs between funds are made wheo the income for a projert is e¥ceeded by the ¢osts incurred on the project, or where it has been 38oed with the fundef to use unspent balances at the end of project on activtb.es wr(h a similar objective. Pensions: The charitable company operates a group money pu￿haSe dehned contribution pension scheme operated by Royal London. The assets of the schemè are held separately from those of the tharitable company in an independently administered fund. The pension cost charge iepre5ents contributions payable under the scheme by the charilable company to the fund. The charitable ompany has no further liabilrty under the stherne other than for the payrnent of ihose contributions. The charity made a s￿em￿Oyer£ontribUtiOn to a money purchase pension stheme operated by Royal London under auto*nrolment. It acts as agent in tht collectin8 and paying over of any employee pension contnbutions. Employees who ar2 part of the pension scheme make a minimum contribution of 3% towards the scheme. The employer's contributions made lor the accounting period a￿ t￿ated as an expense in the ffinancial statements. 2 Donations and legacies Unrestricted Re5tricled 2023 Total 2022 Total Oav*J & Ruth Lewis 40,1M)O 30.000 40.000 25,LK#) Will Houghton Events 30.1)(K) 130.984 130.984 95,099 Legacy 218.189 Regular 8i¥in8 and Other Donations 209.621 209.621 LOS.622 Trtal 410,605 410.605 483.910 Donations and incoming resources are Separate￿ kjentified where single transaction amounts a £5.0￿ or over, except for donors who wish to remain anorwmous. 33 BECOME CHARiri WORKING NAME.. BECOME COMPANY NUMBER: 2700693 YEAR ENDED 31 MARCH 2023 3 Income from other trading artivitles Unrestricted Restritted 2023 Totsl 2022 Total Othef Income 724 724 sc Consultancy & Training 23.951 23,951 12,198 Total 24.675 Z4.675 12,798 4 Incoming fesources from charitable activities UnrestfLCted Re5trirted 2023 Total 2022 Total Grant income: The Mark Leonard Trust 50.0(JO The Bla8rave Trust The Dulverton Trust 60,700 60.700 35.OlJO 14,400 91.Z50 10.000 35.000 The 8igAsk Fidelity Evan Cornish 14.41x1 91.250 lo.￿ The Listening Fuftd Garf1eld Weslon 23,400 30.000 Paul Hamlyn Mrs Smith & Moufftt Trust 30,CQO 15,000 20,OJO 8.711 Oso Foundation 25,(D) 25.000 BBC Child￿n In Need The National Lottery Community Fund 9,994 10.494 2CM).655 200.655 153.%6 The Cloth Workers Foundation iTh),(xJo IOD,0 129.414 50,000 72.2SO 200,000 185,629 Alan and Gill Gray Philanthropv Tolklen Trnst 129.414 50,IXKJ 50,000 71,750 5.000 14.400 25,000 25.000 Esmee Fairbairn 72.250 Five River5 Child Care Ltd Angus Lawson Swire Charitable Trust 25.IMX) 25.000 25.000 AKO Foundation 25,(MJJ 61obal Make Some Noise 25,OJO The Rainford frust 5.O)0 John Coates Charttable Trust 5.IXJO 5.CQO The Van Neste Foundatio BECOME CHARITY WORKING NAME.. BECOME COMPANY NUMBER.. 2700693 YEARÉNDED 31 MARCH 2023 Will Houghion Trust Other (under £5,OCQI 30.OCKI 30,770 332.920 30.th)0 36.570 10,000 58LKI 27.657 985.513 632,813 965,733 Grants, trust, corporate and contracl income are separatety idenlithed whefe single 1ransacty.on amounts are £S.OtKJ or over or if the funder require5 disclosu￿ in the accounts. 5 Net income/ expenditure This is stated after charging the followin8 expenditure-. 2023 2022 Dep"reciation & ioss on disposal Auditors remuneration 6.64L 4.922 8.491 9,774 5.119 52.832 Opefatin8 lease rental5.' Trustees/ Directors ￿rnUneratIOn Property (note 71 6 Staff costs and numbers Staff costs wefe as follows-. 2023 2022 Salaries and wages Social security costs Pension contributions (defined contributson schernel Total diiect staff costs 88S.035 90,379 37.622 742,844 71.251 34,842 1,013.036 94.053 848,937 134,833 983,770 Outsottrcing & consurtancy fees Total costs 1,107,089 One employee had emoluments within the range of £70.OC*) to £79,999 and O within £60,C￿) Io £69,999.12022= 0 within £70.000 to £79,999 and O wkhin E60,DXI to £69,999).. The key rnanagement of the tharity comprises the Chief Executive. Director of Operation5, D1￿ctor of Fundraising, Director of Services lincluding an interim director during ihe yearl and Director of Policy. Campaigns and Communications. Their total emoluments amounted to £257.19412022: £251,015) incluswe of employer's pension contiibutions of £9.46312022'. £12,402). 35 BECOME CHARITY WORKING NAME:8ECOME COMPANY NUMBER: 2700693 YEAA ENDED31MARCH 2023 The avetaet weekly number of employees Ifull-time equivalentl Èmployed by the charty during the year wa5 as folloivs.. 2023 2022 no. no. Generating Funds Charitable Activities 13.7 Governance 22.5 18.8 7 Trustee Remuneration and Related Part Transactions No Trustees received remunerabon during the year12022= nil). No Trustee ori}ther person related to the chority had any personal intereM sn any contrad or transaction èntered into by the ch3rity or reimbursed expenses during the year12022.- none). 36 BECOME(HARITr WORKING N•AIE..8EC¢X4E COAIPWaYNiIM&Ett..27W693 YEARENOED311thAR(H2022 8 Total expendI￿re 2023 1022 Staff￿St5 andfreelanieccrtsuttants lfftote61 & Yo￿￿1eer¢oS1* gartKipantlraYel & related expef Materials Pr￿lUCIl0n. printlnEand*ttriit Geffleral officecosts Website ￿t￿￿￿tt￿rIt Premi5E5coSts Professional. legal and xtountirffte5 Truste￿. ￿penSeS Depre(fdtK>n InotE 5 &9.. I7&￿9 IOA2S A35 62L021 243 20.973 6ts70 $4.922 S.164 275 34J99 103.129 50A22 L107,Crf> E5294 21.t17 73 l17.2 gB3,771 47.gjl 23,519 26.732 49.358 47,589 50.320 56,561 8.7$2 37.324 1216 8.216 25m9 91 44.SB9 6.641 330.866 .320.866 6.641 L47l.149 9.774 L335.735 373.W8 7L592 19.15) 7&9.973 179.382 47.983 9.5B2 2.177 Allocatp)n ofsupportStaff & telèted(0sts" AThocthon of supportc0s￿. Su&total AloutbnOf￿Qrn￿nrt¢0sts. 162.770 3321 46&2Yi 9*33B 8.820 i.LKJ5.J58 12.34L L47L449 l335,n5 1,471,449 1,33S,735 Thp Ih#rity 5upwI ts ÉÈr￿ LDSts lo>sts lundsl IT thEn Costs. 6￿￿￿1 3? 9 Tangible fixed assets Computer Hardware Furniture Total Leasehold Improvements Equipment Software Cost At l April 2022 67,284 18,324 85,608 Additions 7,879 7,879 Disposals At 31 March 2023 75.163 18,324 93,487 Depreciation At l April 2022 57,874 18.324 76.198 Charge for the year 6,641 6.641 Disposals At31 Marth 2023 .64.515 18.324 82,839 Net Book Value At l April 2022 Al 31 March 2023 9,410 9.410 10.648 10.648 10 Investments 2023 2022 COIF Ctharities Global Equtty Income Fund Value at 01 April 2022 AdditionsllOtSP05alsl in the year Value at 31 Marrh 2023= 84,718,-31 @ 2.5674p Unrealised gainl Iloss) 229,383 208.017 217.S06 229.383 {11,8781 21,366 Based on the'quarterly dividends paid, the income yield wa5 2.66%12022- 2.52%) 11 Debtors 2023 202Z Trade debtors HM Revenue & Customs- Grft Aid recl)ifflable Accrued income Prepayments & accrued income Other debtors 10,542 1.389 907 218,189 10,919 2.225 233.629 3,500 22.726 5,131 42.806 38 12 Creditors: amounts falling due within one year 2023 2022 Subscriptions in advance and deferred income Trade credrtors Taxation & 50c1315￿uTI1Y Accruals 12,225 16.fy)7 34,220 36,967 99.419 4.S95 42,894 14.910 47,908 110,307 13 Movements in funds At start of year Incomin8 sources Outgoin8 resources Funds transfer in At end of year Widening Parkncipation in FEIHE Carè Advice Service Impart Personal Advisors, Training PoliLry & Participakn'on Coaching and l..1 Support Workshops lor Children in Ca Capacity development Total Restrirted ltsnds General Funds De5i6nated Funds Total funds 26.264 45.225 25.CKrfJ 2￿).655 37.929 143.166 13,335 102.714 682 95,005 23.882 102.227 107,222 943 47.761 3,276 3.276 4.996 6,660 171.759 180,973 355.372 526,987 293.554 927.733 218,189 16.729 867,115 1,395,865 1.471.449 70.7 9,994 226.464 632.813 763.052 8,330 217,250 461.195 54.000 182,878 -54.000 147.460 791.533 Purposès of restricted funds Restricted funds Cover specifi.ed attivities, including employment. health and education pro8rammes. online serwces for ¢hildren and young people and Specific projects. as described below.. 13a. Widening Partlciparion in FEIHE-The AKO Foundation and Will Houghton Foundation are funding a projeti to widen participation in further education foryoung people leavin8 care. 13b. tare Advicè Ser¥ice-grants were received from Global Make Some Noise, National Lottery Communrty Fund. clai￿ King Charitable Trust and 8artle Family Charitable Trust towards the Care Advice service. 13c. Impart- Lloyds Bank Foundation funded a new monitoring and evaluation database. 13d. Personal Advlsors. Trdlnlng-lhe Clothwofkers, Foundation are hjnding a five-year pilot PA trainin8 programme which aims io improve the skills and knowledge of PAS who are supportrng youn8 people lewing care. 13e. Poliry & Participation-8rant5 from the Paul Hamlyn Foundarion. the Van Neste Foundation and the L￿tenIng Fund contributed towards Policy. Campaigns and Communications team members salaries. 13f. Coachingand I:1 support-The Mfs Smith and Mount Tnjst and the An8us Lawson Mernorial .Tru5t Foniributed towards deliverin8 a Coaching Programme to improvR the emotional wellbeing of care-experienced young people. 39 138. Workshops lor Children in CarÈ- BBC Children in Need have committed to 3 year5 of 5UPPL)rt in the development and delNery of heatthy relationship workshops for children in ca￿. helpin8 them build positive ￿latiOnships. improve emotional wellbeing and increased confi.dence. 13j. Capacity development- funding from a three-yearBrant from Alan and Gill Gray Philanthropy to increase Become's capacity to deliver direct support to young people, bulk4 an Èvidence base. develop an impact measurement approach and invest in future sustainability. Purpose of designated fvnds The Morris Legacy has been designated to ftjnd two new roles to grow the policy and public affairs capac5ty and build a research & evaluation f"uncbon ovèr a two year period. with the remaining transferred to free reserves. 14 Analysis of net assets between funds Unrestricted funds Restricted funds Total funds Tangible fixed assets Investments 10,648 217.506 10,648 217.506 563.378 Net current assets 102.183 461.195 Net assels at 31 March 2023 330.337 461.195 791.53Z 15 Operatlng lease commltments The charity had total commilments under operating leases expirin8 a5 follows= Equipment 2023 2022 Property 2023 2022 within I year within 2-5 years Aftef more than 5 years Total Operating Lease Commitments 173 230 173 173 403 The lease lor the adMin￿tratiVe offices and young person's parbcipation Spa￿ ended on 18 August 2021 with a break clause after 5 years in 2020. which was not exercised. The lease for the franking machine was renewed at the end of December 2020. rpplacing the existiftg contra¢t from that date. 16 Restricted funds in deficit Where a restricted fund is in deficit at the end of an accounting period, the charity makes a decision on whether lhe￿ 15 some pr05pect for the deficit to be reduced by funding Tecetpts in subsequent accountin8 periods. If the￿ is a gorxl prospétt, the defi.cit is shown in full. Otherwise, the delicit is transferred to the General fund. 17 Legal Status of the Charity The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guaraniee is limited to £1 per member of the charity. 18 Corporation tax The charity 15 exempt from tsx on income and gains falling within Section 505 of the Income and Corporation Taxes 1988 or section 252 of the Taxation of Chargeable Galns Act 1992 to the exteni that these are applied to its charitable objectives. 19 Detailed comparatives for the Statement of Financial Activities un￿tricted Total 2022 Notes General Designated Restrirted Income Donations and legacies In£ome from other tradin8 arti¥tties Income from charitable actNlties Income from investrntnts 265.721 12.798 257.407 5.857 218.189 483.910 12.798 985.513 5.857 1,488.078 728,106 Total Income 54L783 218.189 728.106 Émpenditure Costs of raisSngfund5'. Costs ofgenerating artivity income Expenditu￿ on charitable acDvities'. Total expenditure 364.299 423.240 787.539 364.299 971,436 1,335.735 548.196 548.196 5&8 Net {expenditurelllncome ￿ffOr• 8alns and losses on Invtstmtnts Net gainl{lossl on tnvestmtnts Net leMpenditure)fincome Transfers between funds Net mo¥emenl In fvnd5 Recandliat5on of funds: 1245.756} 218.189 179,910 152343 io 2L366 1224.3901 21.366 173.709 218.189 179,910 I224.3￿} 218,189 179,910 173.709 Fund balances at l April 2021 Fund balances at ai March 2012 13 517.944 175.462 355.372 693,406 867,115 13 293554 218.189 41 Reference and administrative details Charlty number Company number Registered office 1010518 27W693 Become Charity Suite 151, 264 Lavender Hill. London. SWII IU Patrons Davld Akinsanya Professor Sonia Jackson OBE Louisa Lane-Fox The Earl of Listowel Joyce Miiseley OBE Dame Esther Rantzen Dame Jacqueline WiLson Board of Trustee5 H￿h Thornbery CBE Eliot Lyne Terry Galloway Khatija Hafesjr Andy Harris Beth Ta5well Rachael Wardell Ony Chima Meera Mistry Phillipa Uden Tom Willets Chalr T￿aSurer Direoor Senior Independent Tru$lee IResi8ned 191091221 '.Dlrector "Director Dlrector Dirertor Director Director Diredor Senior Mart￿ement Kaiharine Sacks-jones Team Cerys Shepher(t Russell Delew Chief Ex¢¢utN¢ & Company Setretary Dirtttor of Fundraisin8 lappointed July 20221 Interlm Director of Fundrai%in8 {January 2022 to July 20221 Director of Services lappoirited February 20231 Interim Director of servi￿ (Left In December 20221 Olfectorof PoliLy. Campalgn5 & Communicatlons (appointed Oecember 20211 Direttorof people INovember2022 to May20231 Director of Finance. & People lappointed Septembef 20231 Chloe Grant Fran Borg-wheeler aare Bracey "Andrew Lines David Partridge Bankers Unity Trust plc P.0. Box 7193 Planetary Road Willenhall. WVI 9DG 42 Tri.od.os Bank Deanery Road Bristol BS1 SAS **Independent Auditors** Haines Watts, Chartered Accou ritants Old Station House, Station Approach, Newport Stre�?°t, Swindon, SNl 3DU 43