COMPANY REGISTRATION NUMBER: 03709549 CHARITY REGISTRATION NUMBER: 1075104 The Fatherhood Institute Company Limited by Guarantee Unaudited Financial Statements 31 March 2025 CHARLTON BAKER Chartered accountants 61 Macrae Road, Ham Green, Bristol BS20 ODD BRISTOL LTD
The Fatherhood Institute Company Limited by Guarantee Flnancial Statements Year ended 31 March 2025 Page Trustees, annual report {incorporating the director's report) Independent examiner's report to the trUStS statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements 10
Page 1 The Fatherhood Institute Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2025 The trustees, who are also the directors for the purposes of company law. present their report and the unaudited financial statements of the charity for the year ended 31 March 2025. Reference and administratlve details Registered charity name The Fatherhood Institute Charlty registratlon number 1075104 Company registration number 03709549 Prlncipal office and reglstarod 57 Chevening Road offlce Greenwich London SE10 OLA The trustees William Mcdonald Yusuf Chadun Jack O'sullivan Andrew Baud Nina Maxwell Shaddai Tembo (Appointed 18 October 2024) Company secretary Katherine Jones Independent examiner Paul Cridland FCA Structure, governance and managomfrnt The Fatherhood Institute is a registered charity and a company limited by guarantee. The nstitutional documents are the memorandum and articles of association. The Trustees of the Charity are also Directors of the Company. The charity operates with a board of trustees that meet quarterly. Trustees have overall responsibilty for financial management. organisation and compliance with the purposes of the charity. However this responsibility is devolved on a day-to4ay basis to the Joint Chief Executives, who report to the trustees at each meeting,
Page 2 The Fatherhood Institute Company Limited by Guarantee Trustees. Annual Report Ilncorporatlng the Dlrectorfs Report) (conthued) Year ended 31 March 2025 Objectives and activltles The company is a charty with the following objects.. - to promote the protection and preservation of mental health amongst parents, in particular fathers: - to promote the good health of children. both mental and physical, through enhancing understsnding of the role of fathers in fulfilling the devélopmental and emotiona5 needs of thildren, and by promoting the acquisition by fathers of specific skills and knowledge that foster competent and nurture parenting: to advan¢e public education in and promote research into the psychological, social, economic or other influences on parents, in particular fathers, arKI to publish useful results of such research: - to assist in relieving fathers in families from mental distress or emotional difficulties. and in educating professionals workers and volunteers on appropriate forms of advice and support for fathers. Public benefrt The trustees cnnfimi that they have referred to the guidance contained in the Charity Commission's general guidan on public benefft when reviewing the Trust's aims and obJ"ectives. There is now a significant body of evidence which shows that children whose fathers have been highly invofved in their care are more likely to have {amongst other benefits) better friendships. fewer behaviour problems, lower criminality and substance abuse. higher educational achievement. greater cap8city for empathy. more satisfying adult sexual partnerships, higher self-estsem and liffrsatisfaction. The public benefit from our work comes from co51ating this research, making sure that parents. professionals and policy makers are aware of the benefits of involved fatherhood, and training those working with parents to achieve a higher level of involvèment from fathers in caring for their children.
Page 3 The Fatherhood Institute Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (tontinu•d) Year ended 31 March 2025 Achlevements and perfommnce The activities in this financial year were.. Foundations: Improving Safeguarding through Audltlng Father Engagement (ISAFE) Randomised Controlled Trial. Foundations published the evaluation findings from our -year RCT. ISAFE is an innovative online leaming package we developed in partnership wth CASCADE Ithe Children's Social Care Research and Development Centre at Cardiff University) to strengthen how l¢)cal authority children's social work departments engage with fathers and father-figures. The evaluation showed that ISAFE can deliver small but significant improvements in social workers, confiden and competence in engaging fathers. We are due to publish our analysis of the fijll findings soon, providing important insights into how father4nclusive practice can improve safeguarding outcome$ and shape service delivery nationally. Foundatlons: Changemakors Foundalions invited us to participate in their evaluated Changemakers programme, aimed at testing a route to embedding eviden¢&based interventions in local authorities. We trained cohorts of practitioners in Stockport and York to deliver our well-evidenced perinatal Gouple programme, Family Foundations. Trnining and ¢on$uttan¢y: We trained over 450 health professionals. social workers and family servicès practitioners in father-inclusive practice. These training and consultancy contracts were commissioned by English local authorities and focused on father4nclusive practice as well as rolling out our father-focused programmes, Family Foundations, FRED and Bec4)ming Dad. Fourbdation8: Father8 for chango We have completed the adaptation and set-up phases of a feasibility study to bring Fathers for Change, a well-evidenced 1.1 therapeutic programme for families affected by paternal domestic abuse, developed at Yale University in the US, to the UK. We've worked closely wth the whole project team to explore the matches and mismatch8s b&een UK and US delivery contexts, Home Office guidance on work with perpetrators, and substantive differences in worklorce qualtfications and experiences. Mereers Company: Fathers Readlng Every Day We completed the second year of delivery of our four-year evaluated rolloul of our FRED programme to the sècond of four cohorts of six early years, settings in Lambeth. Working in partnérship with Unity Matters, we trained early years practitioners in five new settings including nurseries attached to schools, private, voluntary. and independent settings, and childminders. We trained practitioners to understand fathers. roles and impacts and provided all the reSoUe5 needed to support the annual implementation and evaluation of FRED. In year of the rollout, we initiated a new approach to engaging with earty years settings, building a Dad Squad of father-volunteers who have previously participated in FRED. Its been hugely sue$sJ1 in enuraging dads to sign up, having heard first-hand from other dads about the benefits of taking parL Natlonal Lottery: Awards for All: Fathers Roadlng Every Day This funding enabled us to deliver the programme to a cohort of nurseries and earty years settings in Hatton, in partnership wth their fathèrhood Champions. Education and Out¢omes Panel Study: This important research study, managed by the Nats'onal Centre for Social Research and funded by Ihe Departrnent for Education, is following children and young people in England as they go through school and beyond. It will help influence the future development of schools and other servic£s for young pèople and their families.
Page 4 The Fatherhood Institute Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (conthiue Year ended 31 March 2025 Centro for Longitudinal Studios at UCL: Gengration New Ern This new study will track babies through their childh¢)od the first UK-wide birth cohort study in 25 years. Our role is to advise on 'dad-dats' and ht)w to maximise father re¢ruitment and retention for the fijnded waves of data collection ESRC: Transition to Parenthood In SMES As ccpinvè5tigators on the study, we helped shape the employer and employee questionnaires that will underpin the final report {due in late 2025), and have provided advice on participant recruitment methods, content development, and messaging. Esmee Fairbaim: We reIVed a TASK trustee grant to support our core Vrk. Funding from our reserves enabled us to expand our work with stskeholders, advocating for the so¢ietal and personal benefits of engaged fatherhood, enabling more fathers to participate more fully n care. This funding also enabled us to invest in external support for our fundraising activty.
Page 5 The Fatherhood Institute Company Limited by Guarantee Trustees. Annual Report Ilncorporatlng the Dlrector's Report) (¢onth Year ended 31 March 2025 Flnanclal revlew The gross incoming resources for the year amounted to £473.622 of which £152,299 had to be used on restricted projects. General reseNes increasèd from £141,344 to £278,816. Reserves pollcy The unresbicted reserves at the Balance Sheet date amounted to £278,816. The reseNes policy is to hold in unrestricted funds enough money to cover close down costs. should that evenlualiiy arise. At 31 Mard) 2025 that cost was estimated to be £61.000. The trustees plan to review the reserves policy in the nexi financial year {24-25). The charily is not currèntly in a position to have an investment policy. Rlsk rovlow The trustees have overall responsibility for assessing risks faced by the organisation and ensuring that appropriate systems of controls are in place. Togèther the senior management leam. Ihe trustees review the major financial. operational, repulational. and regulatory risks perit)dically. The organisation's most significant future risk may be the imp8Ct of the current governmenvs policies aimed at reducing the national debt. Beyond 2024-2025 this may have an impact on training budgets held by local authorities, limiting their ability to commission CPD for their workforces. We plan to review our reseeS strategy to ensure the impact of Ihis and of inflation, is partially miligated and our financial cushion bolstered. We also plan to review the scope for developing our internth'onal work so we have acce55 to resources outside the UK. We have plans to Sere new inGome beyond the end of current funding streams in 2024 25 including building fundraising partnerships with peer organisations. Internalty, financial risks are managed by the authorisation of a Trustee of payments over £10,O¢JO and detailed activity and finan¢ial repctrrts are submitted to funders in relation to grants.
Page 6 The Fatherhood Institute Company Llmltsd by Guarantee Trustees, Annual Report (Incorporatlng the Dlrector's Report) (eonlinuffjl Year ended 31 March 2025 Plan8 for future perlods Foundallons: Fathers for Change: We have been fvnded by Foundations {the What Works Centre for Childrèn's Social Care) to undertake the feasibility study of a US intervention for fathers who have perpetrated domestic abuse, with a setup period running until Dember 2025 and feasibility from January 2026 for one year. The pro9ramme WFII bè delivered to a small cohort of fathers across three local authorities in London, in partnership with St Michael's Fellowship. The feasibility will be evaluated by the Behavioural Insighls Team. Mercers: Fathers Reading Every Day: We will roll FRED into six further early years settings in Lambeth during the third year of a four-year evaluated roll out of this reading for pleasure programme for fathers and children. Trainlng and consultancy: Championi We will roll our thre&day Champions training into five new local authorities. We will exlend our FRED promolion across early years settings in England. Equlmundo: Greater Manchèster Combined Authorlty: Clty of Dads: We will undertake an innovativé programme of work across GMC& in parthership with threé international organisations focused on embedding our cross-system approach to father-engag6ment - expanding our Champions programme to senior leaders. Centre for Longltudlnal Studies at UCL: Generation New Era We wbll continue to support this new study tracking babies through their childhood - the first UK-wide birth cohort study in 25 years. We will advise on 'dad-data', maximising falher recruitment and retention for the next funded wave of data collection. Small company provision8 This report has been prepared in acxordance wth the provisions applicable to companies entitled to the small companies exemption. The trustees, annual report was approved on 19 November 2025 and signed on behalf of the board of trustees by.. Katharine Jones Charity Secretary
Page 7 The Fatherhood Institute Company Limited by Guarantee Independent Examlner's Report to the Trustees of The Fatherhood Institute Year ended 31 March 2025 I report to the trustees on my examination of the finanaal statements of The Fatherhood Institute {'the charity) for the year ended 31 March 2025. Responsibilities and basls of report As the trustees of the company land also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (Ihe 2006 Act,). Having satisfied myself that the aUnts of the company are not required to be audited under Part 16 of the 2006 Acl and are eligible for independent examination, I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 AcY}. In carrying out my examination I have followed the Direclions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examinerfs statement Since the charity's gross income exceeded £250,000 your examiner musl be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales {ICAEWJ, vthich is one of the listed bodie$. I have completed my examination. l Confirm that no matters have come to my attention in connection with the examination giving me cause to believe= accounting records were not kept in respect of the charity as required by section 386 of the 20( Act., or the financial statements do not 8ccord with those rerdS., or the financial statements do not comply th the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fairf view lch is not a matter considered as part of an independent examination.. or the financial ststements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no conM$ and have come across no other matters in connection with the examination to which attention should be drnwn in this report in order to enable a proper understsnding of the accounts to be reached. Paul Cridland FCA Independent Examiner 61 Macrae Road Ham Green Bristol BS20 ODD
Page 8 The Fatherhood Institute Company Limited by Guarantee Statement of Financlal Activities {including income and expenditure account) Year ended 31 March 2025 2025 Restricted funds Total funds Total funds 2024 Unrestricted funds Income and endomménts Donations and legaaes Charitable activities Inveslment income 12,770 302,002 6,551 145,990 6,309 168,760 301311 6,551 473.622 40,001 341.302 Totsl ineome 321.323 152,299 385.249 Expendlture Expenditure on tharitable adivities Totsl expendlture 183.851 243, 427,820 427.820 361,393 361.393 183.851 243,989 Net in¢omo and net movement In funds 137.472 (91,670) 45,802 23.856 Re¢on¢lliation of fvnds Total funds brought forwafd Total funds earried forward 141,344 136,772 278.116 254.260 278,816 45.102 323,918 278.116 The statement of financial activities indudes all gains and losses recognised in the yèar. All income and expendilure derive from continuing activities. The notes on page5 10 to 18 forrn part of these flnan¢ial ststomonts.
Page 9 The Fatherhood Institute Company Llmited by Guarantee Statement of Financlal Position 31 March 2025 2025 2024 Currènt assets Debtors Cash at bank and in hand 14 25,889 309,334 335.223 119.771 272,993 392,764 Credltors- amounts falling due withln one year Net current assets 15 11,305 114.648 323,918 323,918 323,918 278.116 Total assets less current liabilities 278,116 Net assets 278.116 Funds of the ¢harity Restried ndS Unrestricted funds 45,102 278,816 323,918 136,772 141,344 278,116 Total charlty funds 18 For the year ending 31 March 2025 the charity was entitlèd to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, rttponsibilities.. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with se(aion 476.. The diredors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordan with the provisions applicable to companies subject to the small companies, regime. These financial statements were approved by the board of trustees and authorised for issue on 19 November 2025, and are signed on behalf of the board by.. Jack O'sullivan Trustee The notes on pag8s 10 to 18 forni part ofthese financial Statements.
Page 10 The Fatherhood Institute Company Limlted by Guarantee Notes to the Financlal Statements Year ended 31 March 2025 General inforniation The charity 15 a public benefit entity and a private company limited by guarantee. registered in England and Wales and a registered charity in England and Wales. The addiess of the registered Offi is 57 Chevening Road. Greenwich, London, SE10 OLA. Statement of compliance These financial statements have been prepared in compliance with FRS 102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP IFRS 10211 and the ComDanies Act 2006. Aceountlng poll¢les Basis of preparatlon Thè financial statements have been prepared on the historical cost basis, as modnled to include certain items at fair value. The financial statements are pr8par6d in sterling, which is the functional currency of the entity. Going con¢em The trusteésldirectors have prepared an income and expenditure forecast for the charty for the next 12 months. On the basis of this information and following discussions with actual and potential funders, the trusteesldirectors are confident that expenditure will not signifintlY exc£ed income for the foreseeable fuiurè. AcLordingly. the Irusteesldirectors consider it appropriate to prepare these financial statements on the going concern basis. However, given the nature of the future income streams. which is dependent on a number of factors. there can be no certainty in relation to these matters. The financial Statements therefore do not indude any adjustments that would be required if sufficient income were not to be received. Judgements and key sour¢es of estimation uncertainty The preparation of the financial statements requires management to make judgements. estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of fijture events that are believed to be reasonable under the Gircumstances. We confirm that Ihere are no critical judgements or estimates to note. Fund ac¢¢wntlng Unrestricted funds are availab16 for use at the discretion of the trustees to further any of the tharity's purposes. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes,, restricted income funds or endowment funds. Income in the form of grants and project income are treated as restricted on the basis that they have been rec8iV8d for specific purposes as laid down by the donor.
Page 11 The Fatherhood Instituts Company Limited by Guarantee Notes to the Financial Ststsments {eoiitsnu8dJ Year ended 31 March 2025 Aeeounting policies (¢onthuod) Incoming resources All income is induded in the statement of financial activities when enlitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement to the gift receipt is probable and its amount can be measured reliably. income from contracts for the supply of services is recognised with the delivery of the contract8d servicÉ. This is classified as unrestricted fvnds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. govemmenl grants are recognised at the fair valu8 of the asset received or receivable. Grants are not recognised until there is reasonable assuran that the company will compty wilh the conditions attaching to them and the grants will be received. - investment income is included when recewable. Resources expended Expendiiure is recognised on an aGcruals basis as a liability is incurréd. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates.. expenditure on charitable activities indudes all costs incurred by a charity in undertaking artivities that further its charitable aims for the benefit of its beneficiaries. including those support costs and costs relating to th8 govemance of the charity apportioned to charitable activities. All $t$ are allocated to expenditure categories reflecting the us6 of the resource. Direct costs attributable to a single activiiy are allocated directly to that activity. Shared costs are apportioned btheen the activities they contribute to on a reasonable, justifiable and wnsistent basis. Flnanclal Instruments A financial asset or a financial liability is recognised only when the entty becomes a paty to the contractual provisions of the instrum6nt. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the atrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured al amortised cost
Page 12 The Fatherhood Institute Company Limited by Guarantee Notes to the Flnancial Statements (contsnyed) Year ended 31 March 2025 Accountlng policies (conthiued) Defined contrlbutlon plans Contributions to defined contribution plans are recognised as an expense in the period in 1¢h the related Seice is provided. Prepaid contributions are COgniSed as an asset to the extent that the prepayment wll lead to a reduction in fuiure payments or a cash refund. Imen contributions ar8 not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render th8 related service, the liability is measured on discounted present value basis. The unwinding of the discount is recognised as an eXnSe in the period in which it arises. Limitfrd by guarantee The company is limited by guarantee. In the event of a wnding up, each twstee is limited to pay £1 each. At 31 March 2025, the number oftrustees was 512024- 4). Donatlons and legacles Unrèstrithd Funds Restricted Total Funds Funds 2025 Donations Donations 2.770 2,770 Grants Father for Change Esmee Fairbaim Trust Nuffield Foundation 145,990 145.990 10.000 10.000 12,770 145.990 15&760 Unrestricted Funds Restricted Total Funds Funds 2024 Donations Donations 114 114 Grants Father for Change Esmee Fairbairn Trust Nuffield Foundation 39,887 39.887 114 39,887 40.CQ1
Pap 13 The Fatherhood Institute Company Limited by Guarantee Notes to the Flnancial Statements (c¢)Trbnued) Year ended 31 March 2025 Charltable actlvltles Unrestricled Funds Restricted Total Funds Funds 2025 Consultancy FRED (Father5 Reading Every Day) 221.073 80.929 6.309 227.382 80.929 302,002 6.309 308,311 unStrICted Funds Restri¢ted Total Funds Funds 2024 Consuttancy FRED (Fathers Reading Every Dayl 262,111 79,191 262,111 79.191 341.302 341,302 Investrnent income Unrestrtcted Totsl Funds Unrestricted Total Funds Funds 2025 Funds 2024 Bank interest receivable 6.551 6,551 3,946 3,946
Page 14 The Fatherhood Institute Company Limltsd by Guarantee Notes to the Financial Statements {Cnut41 Year ended 31 March 20 Expèndlture on charitable actlvllles by fund ty Unrestricted Funds Restricted Total Funds Funds 2025 Wages and salaries Employerfs NIC Employerfs p?nsion Accountancy f*$ Consultancy fees Project expenses Administration cosls Support costs 57,033 15,517 4,912 13,530 16,400 31,063 39,217 6,179 183,851 128,024 185,057 15,517 4,912 13,530 110,870 48,938 41817 6,179 94,470 17.875 3.600 243.969 427,820 Unrestricted Funds Restricted Total Funds Funds 2024 Wages and salaries Employe¢s NIC Employerfs pènsion Accountancy fees Consultsncy fè8S Project expenses Administration costs Support costs 149,066 15,837 5,231 10,198 45,933 48.629 7.171 2,850 39,887 188,953 15,837 5,231 10,1 45,933 85.222 7,171 2.850 36,593 284,913 76,480 361,393 Expendlture on charitsble activities by activlty type Act¢vities undertaken diredy Support Total funds costs 2025 Totsl fund 2024 Wages and salaries Employefs NIC Employerfs pension Accountsncy fees consuanCY fees Project expenses Administration costs Govemance costs 185,057 15,517 4.912 13,530 110,870 48,938 42,817 185,057 15,517 4,912 13,530 110,870 48,938 42,817 6,179 427,820 188,953 15,837 5,231 10,196 45,933 85.222 7,171 2,850 6,179 421,641 8,179 361,393
The Fatherhood Institute Page 15 Company Limited by Guarantee Notes to the Flnancial Statements (eonlinue¢lJ Year ended 31 March 2025 10. Anatysls of $upport Costs 2025 2024 Independent examination fes Legal and professional fees 2,995 3,184 6,179 2.850 2,850 11. Indepondent examlnatlon fa88 2025 2024 Fees p8yable to the independent examiner for.. Independent examinalion of the financial statements 2,995 2.850 12. Staff costs The average head wunt of employees during the year was 4 {2024: 51. The total stsff Costs and employee benefits for the reporting period are analysed as follows: 2025 2024 Wages and salaries Social security costs Employer contributions to pension plans 185,057 15.517 4,912 188.953 15,837 5.231 205A86 210,021 1 employee reiVed employee beneffits of mora than £60,000 during the year (2024- Nil). Key management personnel Key management personnel include all persons that have authority and responsibility for planning. directing and controlling the activities of the charity, these are represented by the Trustees and the joint CEOS. The total compensation paid to key management personnel for services provided tr) the chanty was £104.73112024'. £102,745). 13. Trustee remuneration and expenses No remuneration or other benefits from employment wth the charity or a related entity were received by the trustees. No trustee expenses have been incurred. 14. Debtors 2025 2024 Trade debtors Prepayments and accrued income 2,155 23,734 119.7 15 25,889 119,771
Page 16 The Fatherhood Institute Company Llmlted by Guarantee Notss to the Flnancial Statements (¢onUnu•d) Year ended 31 March 2025 15. Credltors.. amounts falllng duewtthln one yoar 2025 2024 Trade creditors AGGruals and deferred income Social security and other taxes Pension 4537 2,850 2,949 969 3,162 88,250 2S,236 11,305 114.648 16. Deferred Income 2025 2024 Amount deferred in year 83.400 17. Pensions and other post retlroment benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined ontribution plans was £4,912 (2024.. £5,231). 18. Analysls of ¢harltable funds Unrestricted funds At 31 March 20 1 April 2024 Income Expenditure Unrestrictad Funds 141,344 321,323 (183.851) 278,816 31 March 20 24 1 April 2023 Income Expenditure Unrestricted Funds 80,895 345,362 {284.913} 141,344
The Fatherhood Institute Page 17 Company Limited by Guarantee Notes to the Financlal Statements fconlinu8dJ Year ended 31 March 2025 18. Analysis of charilable funds (coni?nuedJ Restrlcled funds At 31 March 20 At 1 April 2024 Income Expenditure Nuffield Foundation UCL wNscs 3.210 133,562 136.772 6.309 145.990 {9,519} {234.450} (243.9691 45.102 152,299 45,102 At 1 April 2023 31 March 20 24 Income Expendtture Nuffield Foundation UCL WVVSCS 39.887 {39.887) 3,210 170,155 3,210 133.562 (36.5931 (76,480) 173.365 39,887 136,772 Nuffleld Foundatlon: Funding enabled us to undertake a research review into adolesnts and their fathers in the UK 'The kids are alrighv. UCL: This grant fijnded our role as co-investigator5 in the feasibilty study for a proposed new Early Life Birth Cohort study. wwcsc This grand funded a RCT in seven local authorities of an intervention for soual workers f¢xused on improving father4ndusive praGlice by auditing father engagement (ISAFE). 19. Analysls of net assets botween funds Unrestricted Funds Restricted Totsl Funds Funds 2025 Current assets Creditors less than 1 year Net assots 290.121 (11,305) 278,816 45.102 335,223 {11,305 321918 45.102 Unrestricted Funds Restricted Totsl Funds Funds 2024 Cuent assets Creditors less than 1 year Net assèts 255,992 {114,648) 141,344 136.772 392,784 (114,848) 278,116 136.772
The Fatherhood Institute Page 18 Company Limitsd by Guarantee Notes to the Flnancial Statements (¢onOnts#dJ Year ended 31 March 2025 20. Flnanclal Instruments The ¢grrying amount for each calegory of financial instrument is as follows.. 2025 2024 Financial assets that are debt instruments measured at amortised cost Trade debtors 2,155 119,756 Flnanclal liabilities measured at amortlsed cost Trade creditors VAT and other taxes other creditors 4,536 2,949 969 3.161 17.564 20,725