REGISTERED COMPANY NUMBER: 02748744 (England and Wales) REGISTERED CHARITY NUMBER: 1062008 Report of the Trustees and Un2udiled Fin#n¢ial Statements for the Year Ended 31 Mareh 2024 for The Monitoring Group Limited Grant Harrod Lemian Davis LLP Chartered Accountants 1st Floor Healthaid House Marlborough Hill Harrow Middlesex HAI IUD
The Monitoring Group Limited Contents of the Finanei21 Statements for the year ended 31 March 2024 Page Report of the Trustees I to 8 Independent Examiner's Report Ststement of Financial Activities io Balance Sheet Notes to the Financial S¢4tements 12 to 16
The Monitoring Group Limited Report of the Trustees for the year ended 31 March 2024 The tte¢S who are also director5 of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their a¢counts in accordanGe with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102) (effective l January 2019). Page I
The Monitoring Group Limited Report of the Trustees for the year ended 31 March 2024 OBJECTIVES AND AcfiviTIES Signific*nt activiti¢s I: The impaet of CovRd 19 pandemic and lockdown Last year we faced great challenges during the COVID 19 pandemic and the subsequent lockdown. During the current period thes¢ were accentuated by a number of key staff who took sickness leave for over 5 months. As a result. our work suffered and all of us- Trustees. staff, volunteers and especially clients - felt its adverse impact. In summary, however. our operational response. reflected: Increase in working hours for the remaining staff despite adapting to working remotely ' Our team-work has suffered given the lack of person and person contact and absences ' Increased use of emotional support to everyone involved with our services Increased volunteering to provide mutual aid io many our clients suffered economic hardship. Despite our efforts the impact of poverty An poorer communities harder to manage and bear In summary, the group continued to appraise it work will in the future by assessing on the following area5: - Increase in remote working - Expanded roles for Trustees and staff ' Separation of critical skills and roles De-humanising of people in work settings - Building resilience to face the uncertainty and impact of the pandemic 2.. Advo¢acy for victims of race hate crimes . the main headlines TMG has continu¢d lo support victims of racism in London, primarily through a project called CATCH. CATCH is a group of charities providing advocacy services to victims of race hate crirne5. The current partners are: Galop.- L¢$bian, gay, bisexual, and transgender hate crime - East European Resource Centre (EERC): Eastern European hate crirn¢ - The Community Security Trust {CST) - Antisemitic hate crime - Tell MAMA: Anti-muslim (Islamophobic) hate crime Choice in HaGkn¢y-. Anti-Disability hate crime Stay Safe East: Anti-Disability hate crime - R¢al: Anti-Dtsability hate crime The service has be¢n funded by the Mayor's Office for Policing and Crime (MOPAC) spe¢ifi¢ally to deliver better criminal justice oulcomes. During the past year, we have assisted 819 people. and at any given momenL we have around 145 live cases. The types of cases can vary, and 50 Can the background5 of tndividuals employed to manage the casework is varied, reflecting both the ¢1&8s, race, gender, and nationalities present in London. The types of incidents can be persistent harassment which could b¢ noise. verbal threats to actual assaults and death threats. Our Clients reflect peopl¢ whose heritage comes from a majority of global backgrounds. However. within this group. there are a variety of inlerscdional issues we address since over 600/0 of the Clients are women, 40/0 are from LBGT Communities, and 160/0 have some form of disability, including mentsl ill health. All ¢lients require emotional. legal, and inforniation suppor¢ and in most cases. we deal with ourselves since less than l /0 of them will get refe¢d to other agencies. Our success on the cases is very good. However, our clients are also isolated, 50 ihis year, we ran weekly support groups in our office to bring isolated clients together to share thought5 and develop a strategy for mutual support. We also involved a therapist to support us with this work. Over the coming year we want to develop this trauma support service. Case Studies Case of A Page 2
The Monitoring Group Limited Report of the Trustees for the ye4r ended 31 Mareh 2024 A w&s facing ra¢ial harassment from her neighbour for a long time. In February 2022 she was violently attacked after the neighbour entered her premises and dragged her across the floor and punched her many times in the facelover her body. Client has sustained injuries from the attack, and after these another two other physical assaults ¢rred. In May 2022 she opened her front door and found a letter outside on the floor of her doorstep reading atch your back paki,. A's anxiety levels were high, and she had a few panic attacks and rarely leaves her flat. She also attempted suicide and called the local crisis Ilne. She is now on anti-depressants and anti-anxiety medication. She called CATCH aft¢r she received from th¢ police inforniing her that she was Ixing treated as a suspect and needed to attend a police interview. TMG assisted her by asking the Housing Association to take action against the perpetrator, and instsll 5e¢urity cameras. We a150 bought serYi¢¢s from a solicitor to ensure that the client had proper legal representation during the police interview. With the assistance of the solicitor, the police accepted she was the victim, and no further action was taken. After TMG intervention, the case was reviewed, and the perpetrator was Charged with assault. Case of B Mrs S has been facing racial harassment from her neighbour for a long time. She was ffferred to CATCH and TMG in July 22. After talking to the elient. we contacted the Housing Association, who informed us that little action was taken due to & lack of evidence. In August we met with the client and discovered video recordings and witnesses to various incident5, including incidents where ihe perpetrator is shouting 'monkey' over the fen¢e. A report from our visit was sent to the client, but the Housing association did not want to act, instead they agreed to visit the client within 10 days. This took 3 weeks to arrange and eventually, the housing association collated a detailed report of all the incidents. but still, they did not act. TMG wrote to the MP to request a meeting with the Housing Asso¢iation. A few days we received a letter inforniing us that the perpetrator would give a Notice to Quit soon. This process is still undenyay, and we ar¢ awaiting a court date. Case of C Mr and Mrs C had been facing racial harassment from her neighbour for around 2 and a half years. This consisted of regular racist abuse. assaults and ihings thrown at them. Although the Police and Council have visited them. they had failed to lake any action to deter the neighbour from ¢ontinuing his conducl. Mr C'5 anxiety levels were high and he attempted suicide, and now both Mr and Mrs D receive mental health support from the local TSt. They are both on anti¢press8ntS and anti-anxiety medication. They were referred to CATCH by a police officer. TMG assisted them through visited and calling on a regular ba515. and writing to both the Police and Council to raise concems about how the case was handled. After another incident we r4i5¢d the issue again, and the neighbour was arrested. He was atrested and is being detained in custody. and then later imprisoned. He no longer lives next door after the counctl lake away his property. Mr and Mrs C say they feels more confident but are still struggling. They appreciate the support network around th¢m. 3.. Undercover Policing Inquiry Background The Jnquiry was set up in 2015. announced by the then-Home Se¢r¢tary Theresa May. This wa5 in response to independent reviews by Mark Ellison QC, which found "appalling practices in undercover policing" The Inquiry's investigations are bn)ken down into three modules- - Module One.. Examination of th¢ deployment of undercover officers in the past, their conduct, and the impact of their activities on themselves and others. Module Two: Examination of the management and oversight of undercover officers, including their selection, training. Supervision, ¢are after the end of an undercover deployment, and the legal and regulatory framework within which undercover policing was carried out. - Module Two (a) will involve managers and administrator5 from within undercover policing units. Page 3
The Monitoring Group Limited Report of the Trustees for the yeAr ended 31 March 2024 - Module Two (b) will involve Senior managers higher in the chain of command as well as poli¢e personnel who hlndled intelligence provided by undercover police officers. Module Two (c) will involve other government bodies with a connection to undercover poli¢ing. including the Home Offi¢e. Module Three: Examination of current undercover policing practices and of how undercover policing should be condv¢t¢d in future. To manage such a broad remit, the Inquiry has divided its work for Modules One and Two into the following six "tranches": Tl: Spectal Demonstration Squad officers and managers and those affected by deployments (1968-1982) T2- Special Demonstration Squad officers and managers and th05e affected by deployments (1983-1992) T3: Special Demonstration Squad officers and managers and those affe¢ted by deployments (1993-2007) T4= National Public Order Intelligence Unit officers and managers and those affected by deployments T5: Other undercover policing oifir¢rs and managers and those affected by deployments T6.. Management & oversight (including of intelligence dissemination) by mld and senior rank officers, other agencies and government departments Management and oversight issues that forni Tranche 6 will now be investigated in the relevant tranche for the relevant period or policing unit. As investigations into future Tranches are still ongoing, the Chair of the Inquiry will not be making a statement or giving interviews on the publication of this interim report. The Group's representatives attend b--monthly meetings with both core participants and lawyers response to upcorning hearing or collation of evidence between hearings. to discuss its Over this period. there have been ongoing discussion on spying of criminal gangs and far rights groups by undercover groups. In essence, there are Iwo appToaches.' the firs¢ favoured by us, involves examination of all evidence in public. The second position argues examination of evidence by a special advocate and limiting some inforniation only to ¢or¢ participants. An interim report was published in June 2023. It only deals with evidence from the Tranche I period. 1968-1982. There are a number of area5 that the report does not cover: Some of those have been specifically emphasised by the Inquiry, as areas with conclusions reserved until all the evidence has been given. Those are: - The purpose of gathering intelligence on justice Campaigns - The impact on the relatives of the dead children - The impact on the many women who were deceived into sexual relationships The interim report concluded that the long-lem undercover deployments into the private and politi¢al lives of thousands of left-vding activists wa5 not justified. It was not justified on either of the grounds put fonvard, i.e'. a) the policing of Public Order or b) Countersubversion And as a result, the interim report concluded that the Special Demonstration Squad s hould have been shut down or disbanded The argument on Public Order". Th¢ SDS was established, and funded by the Home Office, with the 5tsted aim of policing public order risks such as the Grosvenor Square disturbances in 1968. The Met Police principle position was to try to justify the SDS by saying that the unit played a huge part in preventing public disorder. That posilion was challenged, across the board, by the Non-state Core Participants. The Inquiry found thal the und¢r¢over unit's contribution to policing public order "should not be overststed" In respecl of the most significant incidents of public disorder in the Tranche I period the contribution was limited. Page 4
The Monitoring Group Limited Report of the TTUStees for the year ended 31 March 2024 The two major examples: The Battle of Lewisham in August 1977: The report ¢oncluded that SDS reporting had some tsctical value but basically confimied what was already obvious. And it was obvious: if a street violent fascist organisation like the National Front are going to launch a deliberdtely provocative T]st march, againsl the stated wishes of the local community, you don't need an embdded undercover lo tell you what the publi¢ order issue is going to be. tn respect of Southall in April 1979, another example of deliberate fascist provocation, when Blair Peach w&8 killed by the police. the SDS contribution was found to be of minimal value. This conclusion, in respect of public order policing, was clear on the face of the evidence. The report included an evidential snapshot from 1975 to 1978: 2600 SDS reports from the period were examined. 1400 of those Teports dealt with personal details of peoples, lives. 1200 dealt wlth meetings and activities of organisations i.e. political organisation. Only 200 of those contained inforniation that might have had an impact on public order policing. That's less than 80/0. I stress the word might because it is not suggested that 80/0 did have an impa¢t on policing. The 80/0 simply made ref¢ren¢e to public order. Evidentially, the position on that was overwhelming. The ends clearly didn't justify the means. On Subversion: The secondary position on justification was that the SDS assisted the Security Servi¢es in counter-subversion. The polir¢ position was that gathering personal infonnation was a 'by-produ¢t" of the univs public order work. That became unsustainable as soon as the scale of it became apparent. Which it really was, on the evidence. The clear focus of th¢ SDS reporting was on the personal lives and politlcal views of its targets. The key conclusion in the report were that: I: The SDS iasking on monitoring "potential subversives" was "questionable" 2- Of the hundreds of groups infiltrated, only three met the criteria of constituting an athal threat to the safety or well-being of the state. It follows that not a single one of the Non-state Core Participants met the ¢riteria. So, in the absence of justification, the report went on to consider four key features that should have led to the SDS being shui dowm. I: It was inevitable that long-temi deploymenls would involve (at least) the befriending of individuals and intrusion into thekr private and political lives. that required cogent justification before even being contemplated as a police tactic 2: that most deployments would require entry Énto people's homes by deceit 3-. that officers taking positions of responsibility in organisations would inevitably involve (a) gathering data protected by law relating to confidential inforn]ation and (b) Ihat taking high position5 of responsibility would in¢vitably involve organising political activity 4.. the use of dead children's identilies would inevitably have given rise to legitimate public concern and that those responsible for the unit were aware of the Tisk of that practice becoming public from at least as early as 1975. 4: Public Interest cases The Group is dealing with 30 public interest caseslcampaigns. Below we provide details on a selection of cases that involved considerable time both in supporting families and in preparing for critical meeting or legal hearings Elizabeth Chau In January 2024, the Met's specialist Homicide department decided not to dig for Elizabeth's remains despite representations (both verbal and in meeting and written) to the Commissioner, the Commander in charge of the specialist homicide group and via the Mayor of London who we have met Iwi¢¢ on this case. Last week, we agreed to work Glosely with specialist private investigator together with forensic teams to begin the search for Elizabeih's remains this will also include re-interviewing the serial killer who has confessed to the murder. The suspect's solicitor is working with the us and the privat¢ investigator. Page 5
The Monitoring Group Limited Report of the Trustees for the yegr ended 31 March 2024 Christopher Kapessa The 50-page narrative verdict by a senior corner on the killing of a young black school Child in South Wales in mid-January 2024 ¢losed the door on any legal challenge by any interested party. The coroner openly criticised the suspect's verslon of events and ¢oncluded that Jaden Pugh deliberately pushed Christopher to his death without any provoGation bul as a dangerous 'prank'. In addition to building the campaign over the last few years. we were able to develop a Strong relationship between the lawyers, the family and us so that we could emerge with a result at the inquest On appeal, however. the legal aid board agreed to meet legal representation costs. We managed to gain extensive national media coverage on this case. The campaign has made significant inroads in Wales - the Wales TUC and Black women pastors in churches now actively support it acros5 the region. In this period, a submission was sent to the CPS urging them to act 88 their initial refusal to charge the suspect on public interest ground had weakened significantly. Representations have been also been made to the leader of the Senedd Cymru urging them to carry out an independent Wales review on this and other incidents involving poli¢e response to ra¢ialised communities. . Lakhvinder Ricky Reel We are awaiting the completion of the Met's re-investigation into Rocky death. The ¢ampaign meets with the local MP and the solicitor on fortnightly basis for updates on ongoing work The Ri¢ky Reel memorial lecture, organised in conjunction with The Monitoring Group, In O¢tober last year at Kingston Town Hall was very well attended and the campaign has been galvanized by Sukhdev's book d¢tsiling her family's quest for justice over two de¢ades Gurwinder Kaur Given our representations, the CPS finally decided in November 2023 to charge Gurwinder's husband for sexutl violence {rape and domestic violence) despite the fact that she has died. The decision is unprecedented and is based on ¢vidence that Gurwinder herself collated whilst she w&8 alive. Anu Abraham". ADugrah Abraham, 21, from Bury, Greater Manchester, was training to become a police officer with West Yorkshire Police in Halifax when he was found dead in woodland in March 2023. His family claim Mr Abraham, whom they called Anu, was bullied and suffered racism as a trainee His family and 5UPPOrters established a campaign to seek answers on the circumstances leading to his death 5: Academic Partnerships Over the period. w¢ have consolidated partnerships with the following academic institutions: London Southy Bank University Law Department - work has been on going to develop a national online advocacy network for victims of racism supported by a range of human rights lawyers SOAS- the Group has eslabli5hed a project partnership on the Leicester Commission 6: Southall Partnerships We have developed solid partnerships and organic working relationships with a range of local groups including Southall Community Alliance, Tudor Rose support group and Ealing Trades Council: Weekly presentations at schools on local history Monthly history walk5 Dev¢loping after school 5UPPQrt for young school children from 13 years to 17 years of age on life learning. bhangra and self defence classes Planning to establish a local museum on racism and migralion 7.. Lei¢ester Work Leicester Commission of Inquiry into violence in Leicester 2022 The Long Read section of The Guardian published a comprehensive pie¢¢ on Leicester violence. Page 6
The Monitoring Group Limited Report of the Trustees for the year ended 31 March 2024 As a unique joint venture between Lawyers. Academics and community activists. the Commission has made considerable progress in their investigation into incidents that rocked East-midlands toHm in the summer of 2022. W¢ Tecruited the legal panel members, local advisors, researchers and community workers, and have successfully.. ' Organised community engagement public meetings that were well attended Created and acted upon a strategic plan for collating evidence, meeting individuals and organisations from different communitie$ and targeted specific sections that remain marginalised - women. working class and young people ' Build confidence with key communities that were affected by the violence and on- going communal politics. 8.. International Campaigns Support for Palestine civil society In July 2023, we established contact and solidarity work with representatives of Sufat Regee camp to enable work with disabled. From November 2023, we have worked with British Arabs and Palestinians affected by hate Crimes and discrimination. 9.. India Human Rights & Democracy Campaign Our solidarity work with Indian human rights defenders, dissidents and victims of genocidal violence have been transfonned over this period enabling us to reach new sections of the British Indian society. The rise of Hindu nationalism and authoritarianism in India is alarniing and is advers¢ly impacting on UK'S Indian and South Asian communitie5 and diaspora. There ha5 been a precipitous drop on every global index related to democratic backsliding. We have seen any independent media annihilated as well as Opposition leaders and dissenting voices under constant attack. Leaders from civil society. student activists and even business leaders are in jail or under threat through tax raids, for example. All other checks and balances like Parliament and autonomou5 institutions such as the Election Commission have been neutered. The greatest worry is thal prevailing Hindu majoritarian rhetorlc is poisoning and dividing Indian society globally and in the UK. A new organisation, called Plarform for Indian Democracy was established in January 2024. The organisation will establish branches in key UK cities and campuses creating 8 space for the Indian community and the diaspora to voi¢¢ their concerns about the current developments in India. FINANCIAL REVIEW Reserves policy The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets {"the free r¢serves") held by the charity should be equal to 3 months of unrestricted operating expenditure, which equ3ted to £25,000 in general funds. At this level the Trustees feel that they would be able to continue the cuent activities of the charity in the event of a significant drop in funding. It would obviously be necessary to consider how the funding would be replaced or a¢tivities changed. The Management Committee ha5 examined the charity's requirements for reserves in lighi of the main risks to the organisation. The present level of reserves available to the charity met the target level. Although the strategy is to continue to build reserves through planned operating surpluses, the Management Committee h&8 also considered the extent to which existing activities can be rationalised, should such circum5taDces arise. FUTURE PLANS The Monitoring Group continues to build contacts wilh new funders and make bids to develop its work strategically omplementing ils operational response to the problem of racism is all its fornis. The current landape on funding is changing significantly but we remain hopeful in g31vanising our resources on a national b&8is, as one of the pivotal organisations in the UK that supports viclims and communities experiencing the problem. A key elernent in our development plan is to incr¢a5e our profile with private funders and usage of social media and media outlets. Page 7
The Monitoring Group Limited Report of the Trustees for the year ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controll¢d by its governing documen( a deed of trus¢ and CODstitLrtes a limited company, limited by guarantee, as defined by the Con]panies Act 2006. REFERENCE AYJ D ADMINISTRATIVE DETAILS Registered Company number 02748744 (England and Wales) Registered Charity number 1062008 Re¥istsred office 2 Langley Lane VauKhl London SW8 IGB Trustee5 A Njie Professor J I Siddiqi R Davies A Babarinde Dr A Elliotlooper J Niiiar Company Secretary Professor J I Siddiqi Independent Examiller Grant Harrod Lerman Davis LLP Chartered Accountants 1st Floor Healthaid House Marlborough Hill Hanow Middlesex HAI IUD Approved by order of the board of tnLstses on ....... . and signed on its behalf by: ANji¢- te Page 8
Independent ExamiDer'$ Report to the Trustees of The Monitoring Group Limited Indep¢nd¢nt examiner's report to the trustees of The Monitoring Group Limited ('the Company,) I report to the charity trustees on my examination of the arrounts of the Company for the year ended 31 March 2024. Responsibilities and basis of report As the charity's tSte¢S ofthe Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requiremenls 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 A 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 ex*miner'5 St41ement Since your charity's gross income exceeded £250.000 your examiner must be a member of a listed body. I can confirn) that l am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I ronfirni that no matters have come lo my attention in Connection with the examlnation giving me cause to believe: accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act. or the accounts do not accord with those records; or the accounts do not mplY with the a¢¢ounting 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 the accounts have not been prepared tn accordance with the methods and principles of the Statement of Recommended Praclice for accounting and reporting by charities (applicable to charities preparing their a¢counts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no con¢erns and have come across no other matters in connection with the examination to which attention should be drawn in ihis report in order to enable a proper understsndlng of the accounts to be reached. Jeremy Harrod FCCA Grant Harrod Lernian Davis LLP Chartered Accountants 1st Floor Healthaid House Marlborough Hill Harrow Middlesex HAI IUD Date.. Page 9
The Monitoring Group Limited Statement of Financial Aclivities for the year ended 31 M#r¢h 2024 2024 Total funds 2023 Total funds Unrestrirted funds Reslricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 106 106 325 Charitable aetivities Charitable activities 16,082 248,649 264,731 216.666 Other trading activities 3,000 3.000 21,000 Total 19,188 248,649 267,837 237,991 EXPEIYDITURE ON Charitable #etivities Charitable activities 36,975 228,181 265.156 230,710 NET INCOME/{EXPENDITURE) Transfers bebvetn funds {17,787) 8,468 20.468 (8,468) 2.681 7,281 Net movement in funds (9,319) 12,000 2.681 7.281 RECONCILJATION OF FUNDS Total funds brought forward 38.618 12.000 50.618 43,337 TOTAL FUNDS CARRIED FORWARD 29,299 24,000 53,299 50,618 The notes fomi part of these financial statements Page 10
The Monitoring Group Limited Balance Sheet 31 March 2024 2024 Totsl funds 2023 Total funds Unrestricted fimds Restrided ftmds Notes FIXED ASSETS Tangible assets 5243 5,243 5,418 CURRENT ASSETS Debtors Cash at bank 45,980 16,730 45,980 40,730 61.218 14.907 24,000 62,710 24,000 86,710 76,125 CREDITORS Amounts falling due within one year (38,654) (38,654) (30,925) NET CURRENT ASSETS 24,056 24,000 48,056 45,200 TOTAL ASSETS LESS CiJRRENT 29,299 24,000 53,299 50,618 NET ASSETSI(LIABILITIES) 29,299 24,000 53,299 50,618 Unrestricted funds R¢stricted funds 29.299 24,000 38,618 12,000 TOTAL FUNDS 53,299 50,618 The clwltsble company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The members have not required the company to obtsin an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensurtng that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing fllwLcial statements which give a true and fair view of the stats of affairs of the cRltable company as at the end of each financial year and of its surplus or deficit for each financial year ID accordance with the requirements of Sections 394 alld 395 and which otherwlse comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. Ib) These financial statements have been prepared in cordanCe with the provisions applicable to charitsble companies subject to the small companies regime. ements were approved by the Board of Trnstees and authorised for issue . and were sigtted on its behalf by.. on ANjie-T The notss form part of these funcial statements Page 11
Th¢ Monitorlng Group Limited Notes to the Financial Statements for the year ended 31 March 2024 ACCOUNTING POLICIES Basis of preparing the financi41 statements The fjnancial statements of the charitable Gompany, 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 a¢cordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effe¢tive l January 2019),. Financial Reporting Standard 102 The Financial Reporting Standard appli¢able in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under th¢ historical cost ¢onvention. Ineome All income is recognised in the Statement of Financial Activities once the ¢harity has entitlement to the fund5, it is probable that the income will be re¢eived and the amount ¢an 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 thal 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. Tangible fixed Assets Depreciation is provided at the following amiual rates in order to write off each asset over its estimated useful life. Fixtures and fittings 150/0 on reducing balan¢e TaxatioD The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds ¢an be used in accordance with the charitable objectives at the dis¢retion of the tntstees. Restricted funds can only be used for particular restrict¢d 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 nd is included in the notes lo the fiTwicial statements. OTHER TRADING ACTIVITIES 2024 2023 Activities for generating funds 3,000 21,000 Page 12 continued...
The Monitoring Group Limited Notes to the FinaneiAI Statements - eontinued for the ye4r ended 31 March 2024 IYET INCOMEI{EXPENDTTURE) Net income/(expenditure) is stated after ¢hargingl(crediting)- 2024 2023 Depreciation- owned assets 925 956 TRUSTEES, REMUNERATION AND BENEFITS There were no trnstees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 MarGh 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 Mar¢h 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 325 325 Charitable activities Charitable activities 216,666 216.666 Other trading activities 21.000 21,000 Tot*1 21,325 216.666 237,991 EXPENDITURE ON Charitable activities Charitable activities 20,044 210,666 230,710 NET INCOME 1,281 6.000 7.281 RECONCILIATION OF FUNDS Total funds brought foThTard 37,337 6,000 43,337 TOTAL FUNDS CARRIED FORWARD 38.618 12,000 50,618 Page 13 continued...
The Monitoring Group Limited Notes to the Financial Statements- continued for the yeAr ended 31 Mar¢h 2024 TANGIBLE FIXED ASSETS Fixture5 fittings COST At l April 2023 Additions 84.197 750 Ai 31 March 2024 84.947 DEPRECIATION At l April 2023 Charge for year 78,779 925 At 31 March 2024 79.704 NET BOOK VALUE At 31 March 2024 5,243 At 31 March 2023 5,418 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Prepayments and accNed income 40.500 5,480 54.619 6,599 45.980 61,218 CREDtTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Social security and other taxes Other creditors Accruals and deferred income 3.126 13,248 22,280 2,053 592 28,280 38,654 30,925 MOVEMENT IIY FUNDS Net movement in ndS Transfers between funds At 31.3.24 At 1.4.23 Unrestrieted fund5 General fimd 38,618 (17.787) 8.468 29,299 Restricted funds GALOP (CATCH Project) Open Society Fund 12,000 3.962 16,506 (6,962) (1,506} 9.000 15,000 12.000 20.468 (8,468) 24.000 TOTAL FUNDS 50.618 2,681 53,299 Page 14 ontinued...
The Monitoring Group Limited Note5 to the Financial Statement$- continued for th¢ year ended 31 March 2024 MOVEMENT IN FUNDS- continued Net movement in funds, included in the above are a5 follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 19.188 (36,975) {17.787) Restrieted funds GALOP (CATCH project) Open Society Fund 162,000 86.649 (158,038) (70,143) 3.962 16,506 248.649 (228,181) 20,468 TOTAL FUNDS 267.837 (265,156) 2,681 Comparatives for movement in funds Net movement in fvnds At 31.3.23 At 1.4.22 Unrestricted fund$ General fund 37,337 1,281 38,618 Restrieted funds GALOP (CATCH project) 6.000 6.000 12,000 TOTAL FUNDS 43,337 7.281 50,618 Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestriettd funds General fimd 21,325 (20,044) 1.281 RestTieted funds The J05¢ph Rowntree Charitable Trust GALOP (CATCH project) 54,666 162,000 (54.666) (156,000) 6.000 216,666 (210.666) 6,000 TOTAL FUNDS 237.991 (230.710) 7,281 Page 15 continued...
The Monitoring Group Limited Notes to the Finaneial Statements- continued for the year ended 31 March 2024 MOVEMENT IN FUNDS- eontinued A current year 12 months and prior year 12 months Combined position is as follows: Net movement in funds Transfers between funds At 31.3.24 Ai 1.4.22 Unrestricted funds General fund 37,337 (16,506) 8.468 29,299 Restricted fllnds GALOP (CATCH project) Open Society Fund 6,000 9.962 16,506 (6,962) (1,506) 9,000 15.000 6,000 26,468 (8,468) 24,000 TOTAL FUNDS 43,337 9,962 53,299 A current year 12 months and prior year 12 months combined net movement in nds, included in the above are as follows: Incoming resources Resources expended Movement in fimds Unrestricted funds General fund 40.513 {57,019) {16,506) Restricted funds The Joseph Rowmtree Charitsble Trust GALOP (CATCH projecl) Open Society Fund 54.666 324,000 86,649 {54,666) (314,038) (70,143) 9.962 16,506 465.315 (438,847) 26,468 TOTAL FUNDS 505.828 (495,866) 9,962 io. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2024. Page 16