OadPeace (A Charitable company limited by guarantee) Accounts For the year ended 31 March 2024 Registered Charlty No. 1087192 Company No. 04165519 *AD6R5ZAA• 0610712024 COMPANIES HOUSE A10
OadPeace CONTENTS LEGAL AND ADMINISTRATIVE INFORMATION OUR VISION MISSION AND AIMS INDEPENDENT EXAMINER'S REPORT TRUSTEES, REPORT 5-16 STATEMENT OF FINANCIAL AcfiviTIES 17 BALANCE SHEET 18-19 NOTES FORMING PART OF THE FINANCIAL STATEMENTS 20-31
LEGAL AND ADMINISTRATIVE INFORMATION For the year ended 31 March 2024 Board of Trustees Brigitte Chaudhry MBE, Founder/President Alexandra Swann Cynthia Barlow OBE, Chair David Frost Matt Oomen (resigned 24 January 2024) Nicholas Atkinson QC Pauline Fielding M8E (resigned 4 April 2024, deceased) Petra Kendall-Raynor (Chairl Raghavendra Vaishampayan lappointed 9 April 20241 Patrons and Advisors Prof. Danny Dorling Colin Ettinger Dr, Mayer Hlllman Baroness Jones of Moulescoombe Dr. Narinder Kapur Ken Living5tone Prof. lan Roberts John Stewart Dr. Noreen Tehrani Plie I
OadPeace LEGAL AND ADMINISTRATIVE INFORMATION For the year ended 31 March 2024 Company Registered Number 04165519 Charlty Reglstered Number 1087192 Reglstered Office 3rd Floor, 3space International House, 6 Canterbury Crescent, London, SW9 7QD Reportln8 Accountants DS Small Business Help Ltd, Cnwc Y Cneuen, Llan8eitho, Tregaron, SY25 6SU Bankers Lloyds Bank plc, Harlesden CAF Bank Limited, Kings Hill, West Malling, Kent, ME19 4JQ The Co-operative Bank plc P.0. Box 250, Delf House, Southway, Skelmersdale, WN8 6WT Sollcitors Irwln Mitchell, 40 Holborn Vladuct, London ECIN 2PZ P¥8e 2
Oadpeace OUR VISION, MISSION AND AIMS For the year ended 31 March 2024 Our Vlsion: A world where road danger is not tolerated and where road crash virtims receive justice and compa55i0n. Our Mission: We exist to support and empower those bereaved and injured by road crashes and their families; to improve the Justice System's post-crash response andto spare future generations, from preventable death and injury. As a membership charity, we put victims at thè heart of our work, equipping them to SUPPOrt other victims. campaign for change and shape Roadpeace's w,ork. our work for and with victims centres around., Supporting victim5 to cope with their trauma, through emotlonal and peer support; Rememberin8 those who have been kllled or serlously injured in road crashes by organising acts of remembrance, offering support and solldarity to the,bereavéd and highlighting the devastating toll of road death. Empowering victims with information and helping them to achieve justlce; Campai8nin8 for reform of the Justice system, so that it is fairer for victims and reduces road danger; Challengin8 society's tomplacency towards risk on our road5. Our alms: To improvè tbe accessibility and reach of our services; To continue to improve the quality, consistency and.impact of our servlces; To empower more road crash victims to support other victims. To develop our role as a justice watchdog and highlight the vital role of justice In tackling danger on our roads; To strengthen the RoadPeace community; To develop our role as the national voice for road crash victims. Helpline: 0800 160 1069 Tel: 020 7733 1603 Website: www.roadpeace.org E-mail: info@roadpeace.or8 Pa8e 3
OadPeace Report of the Independent Examiner to the trustees on the accounts of RoadPea¢e For the year ended 31 March 2024 I report to the charitytrustees on my examination of the accounts of the company fortheyearended 31 March 2024 whlch are Set out on the followin8 page5.' Responsibilities and basls of report As the charity trustees of the company (and also its directors for.the purposes of company lawl you are responsible for the preparatlon of the accounts in accordance wlth the requirements of the Companies Act 2(YJ6 ('the 2006 AcV}. Having satlsfied myself that the accounts of the company are not required to be audlted under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your CoMpanS account5 as carried out under 5ettion 145 of the Charities Act 20111'the 2011 Act,). In carrying out my examinatlon I have followed the Directions given by the Charlty Commlssion under section 145(5}Ibl of the 2011 Act. Independent examlner's statement I have completed my examination. I confirm that no matters have corne to my attention in connection with the examination giving me cause to believe thgt In any material respect: accountin8 records were not kept In respect of the company as required by sectlon 386 of the 2006 Act; or .the accounts do not accord with those records; or the accounts do not comply with the accountin8 requirements of section 396 of the 2006 Act other than any.requlrement that the account5 glve a 'true and fair view, whlch is not a matter consldered as part of an independent examination; or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reportin8 by charities lapplicable to charlties preparlng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)]. I have no concerns and have come across no other matters in connectlon with the examlnatlon to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Dionne Sherwood FCCA DS Small Business Help Limited Cnwc Y Cneuen Llangeitho Tregaron SY25 6SU Date 24 June 2024 Palé 4
4oadPeace TRUSTEES. REPORT For the year ended 31 March 2024 The Trustees, who are also directors of the charity forthe purposes of the Companies Act. submit their annual report and the financial statements of RoadPeace (the Charity) for the year ended 31 March 2024. The Trustees confirm that the annual report and financial statements of the Charlty comply with current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice Charities SORP (FRS 1021" Issued in July 2014. RoadPeace was founded In 1992 as a natlon31 unincorporated assoclation and granted charitable status on 29th April 1993. A new RoadPeace company was formed as a result of the Trustees, decision to operate as company limited by guarantee. Effective from 22 June 2004 the trustees approved the tran5f¢r of all assets, liabilities, rights and obligations of the charitable trust RoadPeace (charity number 1020364} to the charitable company limited by guarantee RoadPeace (charity number 1087192 and company number 04165519). The charitable company has no share capital and the 8uarantee of each member is limited to £1. Recruitment and appointment of Trustees The management of the Charity is the responsibility of the Trustees who are elected and copted under.the terms of the Articles of Association. The Board of Trustees consists of no less than four and not more than fifteen members, of whom one may be the founder, ex-officio so long as they shall be a Full Member. Other than the founder, members are elected under the Articles, Trustees are elected at the Annual General Meeting for a term of two years. Three terms of renewal are normally allowed, with further extensions permltted in exceptional circumstances. All trustee5 must be members of RoadPeace, and members are invited to nomlnate either themselves or known members to serve. Non-RoadPeace members are also eligible for election to the Board of Trustees provided that the need for particular additional Skills andlor experience has been agreed and specified at a meeting of the Board of Trustees; and the person nominated can demonstrate they have the additional skills andlor experience specified by that process; and he or she has been nominated for election by two members of the Board of Trustees and seconded by a third at a meeting of the Board of Trustees. and that once elected, he or she shall become a full member. RoadPeace is committed to being a membership organisation workin8 in alliance with many professionals and various partners who share our commitment to road danger reduction. The membership of the charitv comprises Full members, Honorary members. Associate members and Complimentary members IRoadPeace offers an Initial complimentary membership to victims of road crashesl., The Board of Trustees aims to ensure that the needs of Its membershlp (the bereaved, injuredldlsabled, carers and those concerned about road danger, as well as associate members) are. appropriately reflected through the diversity of the trustee body. The Articles of Association require that, 'excluding the Founder, no less than half the Board should have experience of bereavement or other consequences of road crashes. Such representation is also complemented by RoadPeace's Patrons. Priorto inviting nominations, the Trustees review their skills audit in order to then try to attract members with complementary experience and skills. Pale 5
OadPeace TRUSTEES, REPORT For the year ended 31 March 2024 Thanks to our Treasurer on the Board of Trustees for four years until the start of 2024. We wish thern well and thank them for their financial expertise and wider contribution to the board and charity, including fundraising. The board has recruited a newTreasurer and is looking forward to working with them. Thanks also to our Office. and Finance Administrator and welcome to our new Office and Finance Administrator. We also welcomed a new Deputy Chair In 2024. Induction and training of Trustees Trustees will already be familiar with the practical wbrk of the charity. On appolntment each Trustee signs code of conduct, a declaration of eligibility, a Trustee's contract and a register of interests. Trustees will usually be given a Trustees, Induction Pack, whlch includes the Articles of A550ciation, the latest annual report and financial statements, as well as a set of background informatlon on the Charity's core activities and strategy together with job.descriptions for Trustees and officer5 and copies of relevant Charlty Commlsslon leaflets. Constitution, or8anisational structure and declsion-making The Charity Is re8iStered as a charitable company limited by guarantee and was incorporated under a Memorandum and Artlcles of Association on 22 February 2001. Ultimate responsibility for the running of the charity lies with the Board of Trustees whose names are set out on page l. The Trustees meetings are at least four times a year and the trustees are otherwise In regular contact between meetings via emails. and a WhatsApp group. Policy and major decisions are made at 8oard meetin8S, Staff are CEO, Deputy CEO {until Feb 20241, Dir.ector of Support Serrfices, Head of Communications (part timel, Support Servlces Coordlnator (full time), Member and Support Administrator (full timel and Offlce and Finance Administrator (part timel. Victim Care Coordinator, Project Administrator and Outreach Coordinator are West Mercia PCC project funded/fixed term. We are in the process of expanding the staff team. We are thankful to all staff for their invaluable input and would like to thank the CEO for their on80ing work with the charity. We would also like to thank the Deputy CEO, who left the charity In February 2024 after 15 years. Many thanks to them and we wlsh them well In all future endeavour¥. Rlsk mltlgatlon The Trustees regularly examine the major strateglc, business and operational risks that the charity faces and. confirrn that systems have been established to mitigate those risks. 51gnificant contribution to achieving our stated objectives: unpaid voluntary work The income and expenditure figures shown in these accounts do not take into account the large amount of unpaid work carried out by the RoadPeace Board of Trustees, staff, volunteer local group coordinators, volunteer befrienders, volunteer remembrance service coordinators and many other volunteer5, nor for unclaimed expense5. The part played by volunteers in achieving our objectives 15 substantial. Page 6
O&dPeace TRUSTEES, REPORT For the year ended 31 March 2024 Trustees, volunteers and members contribute enormously to the management of the charity and local groups, dealing, With frequent media enquiries, organising events, and contributlng to Government inquiries and reviews. This includes activities at the national and local level, attending conferences, meetings with officials and Government ministers, as well as executives of other transport, road safety. victims, and bereavement organisations. The work carried out by Trustees, volunteers and members would, if it were not offered, necessitate the employment of more staff. The Trustees wish to extend theirslncere thanks to all ourgenerous supporters, volunteers and members. Activities and achievements report Our activities and achievements thls year continued under the followlng outcomes: l. Vlctlms and famllles more able to cope 2. Victims, families and supporters better informed .3. Victims remembered and honoured 4. Policy influenced- campaigning for chan8e S. Awareness raised - the voice for victims 6. Stakeholders engaged I. VICTIMS AND FAMILIES MORE ABLE TO COPE The sudden and traumatlc experience of a road death or serlous injury can be devastating and Isolating. RoadPeace provides helpline support'and connects vlctlms through a befrlendlng network, a reslllence bulldlng programme and local support Iroups. It helps to know thot I m not olone. The support you getfrom other people that have been through thls awful experience is so helpful." Bereaved Partner A total of 220 new victims were supported through the Helpline, 44 Befrienders supported victims through the 8efrlender Service offering ongoing telephone peer 5UPPOrt, There are six re8lonal groups supporting vlctlms, three local group coordinators and four local group facilitators. A further three local support groups are in the process to begin in next financial year. Local groups cover the following areas: London West Midlands East Midlands West Mercia North West South West In addition. there are three online support groups, one forthose injured in road crashes, one for parents bereaved by a road crash and one for bereaved siblings. London injured support, Devon and Cornwall and Scotland are the newest groups in development. Pa8e 7
OadPeace TRUSTEES, REPORT For the year ended 31 March 2024 Regional updates and achievements East Mldlands In June 2023 our East Midlands Local Coordinator stepped away from the role. We are extremely grateful for all their invaluable input to the group, including organising a number of charity fundraising hikes. We are currently in the process of recruitin8 and onboarding a new Local Coordinator for the re8ion and we welcome them to the charity. London The London 8roup continues to grow and provide excellent support to bereaved road crash victims, with support groups offerlng ongoing and long-term peer support, our Coordinator and Facilitator exemplify a supportive and professional volunteer team. They have been able to adapt well to the changes brought about by the TfL-funded project and work very hard to provide the best possible service. RoadPeace works in partnership with the Metropolitan Police, Cityof London Police and 8rake. Two resilience building programmes are scheduled for 2024/25. A Victims Voice Campaigns Officer, funded by the City Brid8e Trust has been recruited In a two-year post. Two members of staff were recruited in a job share role as Road Victim Care Coordinator. All new staff have been working very hard in their roles from the very start and we are grateful for that. There are regular rneetin8S Wlth TfL, Brake, the Metropolitan Police and City of London Police to discu55 the project. In additlon, there are re8ular meetin8S With Brake.to dlscuss referrals. West Mldlands The West Midlands group has contlnued to provlde an out5tandin8 5UPPOrt whlle undertaking Increasingly successful local and national outreach. The group Coordinator and Facilitator provide strong leadership while a150 SUPPOrtin8 members to contribute.to organising efforts, These have included a restorative justice outreach programme with youth offenders and a consultatlon with the Department for Transport on Farnlly Llaison Officer best practice. In November 2023, the group s efforts were recognised wlth the prestl8iOUs Kin8s Award forlloluntary Service IKAVS)- the highest award a local voluntary group can receive in the UK, The volunteers provide vital support to others who have experienced bereavement, raise awareness of the impact of road death and campaign for change, Their many achievements include organising an annual Seri4ice of Remembrance, offering training sessions to organisations, fundraising and have published an anthology tellin8 the stories of road crash victims, They also work with the West Midlands Road Safety Partnership and have campaigned on key issues including the successful updating of the Chief"CoroMer's guidance on second post-mortems and campaignin8 about failing to remain at the Scene of a collision. Representatives of RoadPeace West Midlands receiv.ed the KAVS and certificate from the Lord-Lieutenant of the West Midlands. In addition, the Coordinator and former Facilitator were invited to attend a garden partv at Buckingham Palace, alon8 wlth other recipients of the award. Page 8
Oadpeace TRUSTEES, REPORT For the year ended 31 March 2024 ' -Nine yeors ago when my brother was killed by a speedino hlt-and-run driver: I really didn't know how I'would cope. The RoadPeace West Midlonds group have become thefomily I never knew I needed, and l om proud to leod them. Eoch member of the group has been through unimaginable tragedy, yet they give their oll to helping other5. We allfeel the lives of our loved one5 have been recognised with this oward and it has spurred us on to keep workingfor road crlme to be viewed qs real crime.- West Midlands Group Coordlnator West Mercia In West Mercia RoadPeace is funded annually by the West Mercia Pollce and Crlme Commissloner IPCC) to deliver victims services including a.yearly resilience building programme and excellent emotional support from our Road Victim Care Coordinator, There are quarterly strategic meetings wlth all stakeholders and separate meetings wlth the Office of the West Mercia PCC to discuss monitoring of the project. There are regular trainin8 sessions with Family.Lialson Officèrs so they understand the support service and information sheets for them to communicate R'oadPeace services,to families effectively. The innovative'project has been extended for 2024125. The West Mercia 5UPPOrt group Coordinator continues vital work to ensure its 8rowth and ongoing support. As well as monthly support groups, West Mercia group members have also particjpated in West Midlands projects and come together for In-person support senlices. North West In 2023 our incredible friend, Trustee, ¢ampai8ner and North West Coordinator. wa5 remembered at a Series of events. In September, Liverpool Town Hall, St George's Hall and Merseyside Pollce Headquarters were lit up In purple In their memory. In November, Merseyside Police awarded its Special Recognition Award posthumously. .Our Coordinator chaired regular meetings with key local stakeholders and partners, it is hoped those meetings will now be the basis for a Road Crash Victim Partnership Group meeting, hi8hlighted In the new RoadPeace strategy. The local group has worked alongside the Liverpool Football Club Foundation to educate young people about road danger. In November, a Premier League Inspires and RoadPeace workshop took place to educate young people about becoming safer road users. Premier League Inspires aims to inspire young people aged 11-18 who'are at risk of not reaching their full potential. Thanks to the group Facilitator, who has taken on an active leadership role in the North West group organising support groups and outreach activities. We look forward to welcoming a new Coordinator who is in the process of being appointed. he North West Group 15 continuing to support those who need our help and we ore working on ways to encouroge the group to thrive including public owareness of whot RoodPeoce offers, the impart of rood croshes and working collaboratively with the local community." North West Group Facilltator Pale 9
OadPeace TRUSTEES, REPORT For the year ended 31 March 2024 South West The South West group has continued to provide support meetings and develop the group through local outreach. Our local Coordinator has been outstanding in continulnE to facilitate this group and is organising a RoadPeace Challenge event raising the group's profile. They are also due to be running a new Devon and Cornwall group in collaboration with Brake which is expected to grow the group's numbers. Our Coordinator has been engaging with local vulnerable road users, attendlng regular motorcyclist bike nights in Weston-super-mare, including contact via social media. Engaging With a project for the bullding of respite accommodation to offer bereaved families a safe, calm place to 8rieve. Raislng awarene55 af RoadPeace in the South West is ongoing as we know how valuable it is for vlctims to be supported. Natlonal and reglonal support In February 2024 3 Local Network Coordinator In a Natlonal Lottery-funded role, alongside a Local Network Project Administrator for a Reaching Communities project joined RoadPeace. They are both working hard in thelr new roles travelling to the regions to meet and consult with local groups. The Director of Support Services and Support Sepiices Coordinator have been providlng Invaluable updates to the Board, and both contlnue to provide much-appreciated guidance and support for staff, volunteers and people using our services. Part of the Support Services Coordinator role answering the Helpline has been vital to the functioning of the charity as every bereaved or Injured caller lookin8 for support is important. "Grief ofter o sudden and traumotic deoth con be extremely overwhelming and50mething only those who hove Suffered 51milarly con understand. Our peer to peer Support Services continue to support road crash victim5 every day to help them cope and remind them that they are not alone. We hope to continue developing and expanding the reoch of our services to ensure all that need it hove occess to specialised support ofter a road crosh" Dlrector of Support Servlces 2. vicfims, FAMILIES AND SUPPORTERS BETfER INFORMED Those bereaved or serlously injured by a road crash are all too often re-traumatised by their experlences of the crimlnal and clvll Justice systems. RoadPeace provides information, advocacy and advlce to SUPPOrt victims to'naviEate this confusing territory they have suddenly been thrown into. Advocary and casework A total of 21 victims were assisted through in-depth casework support. They were provided with information and had Legal Panel support. A national dashboard with statistics about motoring offences, traffic officer nurnbers and road casualties was. refreshed and updated on the RoadPeace website: https:l/www.roadpeace.orglroadpeace-2022-power-bl-dashboard/ P4e 10
OadPeace TRUSTEES, REPORT For the year ended 31 March 2024 3. vicfims REMEMBERED AND HONOURED Our remembrance services bring bereaved families and friends together for support and solidarity and to highlight the devastating toll of road death. .An increased number of World Dayof Remembrance IWDR) services were held across the UK including in-person events held in Llverpool, Birmingham, London and Carlisle. Thanks to all organisers and supporters who enabled them to take place.
Sdeathsaday Social Media Campaign on Linkedln, X and Facebook around the World- Day of
Remembrance seniices. Other activities include sending out roadslde memorial plaques to place at crash sites, anniversary cards to members and adding content to the online RoadPeace memorial on our website. .RoadPeace Ceremony of Remembrance at the RoadPeace Wood, National Mernorial Arboretum in Staffordshire durin8 Au8USt National Road Victim month. 4. POLICY INFLUENCED-CAMPAIGNING FOR CHANG RoadPeace is recognised for its long-standing commitment and focus on traffic justice and road danger reduction. Our influence spans a diverse campaigning and NGO network a5 well as the police and government. The RoadPeace Challenge was held over 7 days to ralse awareness, build closer relationships across all the emergency services and campaign on,: Fix Our Broken Justlce System Crash Not Accident Treat Road Crime Like Real Crime Speedin8 Graduated Driver Licences Road Danger Reduction We announced in February 2023 that the RoadPeace'Challenge is now included in the National Roads Partnership Operation5 Calendar 2024- 2025, confirming its position as one of the UK'S leading annual road casualty reduction campaigns. The event, which took place on 13-19 May 2024, featured on the annual planner, is jointly produced by the National Police Chiefs, Council, National Roads Policing Operations, Intelligence and Investigation, National Fire Chiefs, Council and National Highways. Thanks to RoadPeace Head of Communications, our Member and Support Administrator and everyone who works to make the RoadPeace Challenge a success. Pagè 11
OadPeaLe TRUSTEES, REPORT For the year ended 31 March 2024 RoadPeace has contributed to a number of working groups and also worked elsewhere to influence change including: Department for Transport (DfT} Post Crash Victim Support Working Group Construction Logistics and Community Safety ICLOCSI Strategy, Standards and Governance Board Assoclatlon of Personal Injury Lawyers Alliance IAPILI Alliance for Injured People Parliamentary Advisory Council for Transport Safety {PACTSI Road Environment Workin8 Party PACTS Safe Systems subgroup Legal Panel Knowled8e Share quarterly meetln85 Famlly Liaison & Co-ordination of Support Services (FLACSS) Tran5POrt for London (TfL}- Vision Zero A new Roadpeace Pollcy Comrnlttee has been established 5. AWARENESS RAISED-THE VOICE FOR VICTIMS RoadPeace Is working to ampllfylng the vl¢tlms' volce and ralsin8 awareness of the Injustlce faced by crash victims, calling for an improved response by the justice system to road death, injury and road danger. Soclal medla Twitter- 8,902, new followers Linkedln- 1,466 new followers Facebook- 3,236 followers / reach of 190.7k and 19.9k visits Insta8ram- reach of 10.9k, 3.8k vlslt5 and 643 followers Communlcatlons 12 e-newsletters and 2 member mailin8S Communications P.lan review and strategic update .Tone of voice reviewed Blogs published Website refreshed and re-h05ted New Communications and Engagement Officer role Local and national media coverage in print, online and broadcast Our most powerful campaign was the Fix Our Broken Justice System IFOBJ5) campaign, launched in September 2023. Notable coverage was BBC Breakfast-featuring interviews with the four families who were backing the campaign, and who all shared their stories of how they were failed by the justice system. This was followed by a variety of subsequent local and national media coverage on this campaign, including ITV, The Independent and The Guardian. The campaign continued again on 8BC Breakfast and Good Mornln8 Britain when one of our members spoke. RoadPeace also held a successful FOBJS webinar in January 2024, a number of journalist5 attended and this continued our publicity around the campaign. Palè 12
OadPeace TRUSTEES, REPORT For the year ended 31 March 2024 In January 2024, the photograph of a local group member was narned among 100 winning irnages for the Portrait of 8ritain Photography Awards. The photographer took pictures of RoadPeace members for the very succe55ful When Lives Collide photography exhibition at the Oxo Gallery in London in 2023. The exhibition is due to tour, starting with Birmingham. We are extremely grateful to the photographer and all RoadPeace members who took part in this groundbreaking exhibition. "Yhe When Lives Collide 2023 exhlbltlon was a huge success as It brought In 3,000 visltors and wos widely covered in the media. This included The Telegroph, 88C London Television New5 and GB News. The power of the stories profoundly offected those who reod them and I hod mony conversation5 Wlth visitor5 who wonted to talk about the issue. I want to send a massive thank you to all those who took port. They were very brove to do so and I do thlnk thot the exhibltlon is really moking c difference., Photographer whe Llves Colllde 6. STAKEHOLDER5 ENGAGED RoadPeace values partnership workin& and we aim to build strong and lasting relatlonships.with all of our. stakeholders including our rnembers, volunteers. corporate contacts, NGO partners and decision makers. Membershlp A5 a memb'ership charity we involve members and victims wherever possible, empowering them to get. involved in service delivery, campaigning and decision making. We are proud to be the only membership organlsation representlng crash victims in the UK, with 1,376 members and supporters. Volunteers RoadPeace is so grateful to the invaluable contribution of its many volunteers who raise vital funds for,us, help us deliver our support services, campaign for Improved lustice and safer streets, and help raise the profile of RoadPeace both nationally and locally. RoadPeace Trustees work to help the charity to be an effective. well-governed and sustainable organlsation. They also volunteer their time to do other tasks including organising remembrance activities, awareness, campaigning,'media work and fundraising. Fundraisers Fundraising events provlde a vit31 income stream for RoadPeace, raise awareness about RoadPeace's work and are a chance for a community to come together to remember a loved one. This year 40 events took place, raising £50,610. Events included the RoadPeace Challenge 2023, marathons. half marathons. triathlons, festivals, quiz nights, walks, golf day, football, memorial fundraising page5, sky dives, parachute Jumps and motorbike and bike rides, PaRt 13
OadPe3ce TRUSTEES. REPORT For the year ended 31 March 2024 Corporate Pa'rtners and Donors Our Corporate Partnership Programme exists to foster links with organisations who share our aims. Thank you to eiieryone who. supports our work. Thanks to our 15'Legal.Panel members: Birchall 8lackburn Law, (now Alderstone) Carpenters, CFG Law, Enable Law, Fosters Sollcltors LLP, Hugh James, Leigh Day, Moore Barlow, Oliver & Co. Osbornes Law, Slater and Gordon Lawyers, Thompsons Sollcitors Scotland, HCC Solicitors, Lime Solicitors and Irwin Mitchell. Grants and Trusts Many thanks to the following Trusts / Grant Giving Organisations for providing funding: National Lottery, Department for Tran5POrt Challenge Fund, Marmot Trust, West Mercla.PCC, Clty Bridge Trust and HT & L8 Cadbury. Partnershlp worklng We work In partner5hlp wlth other organlsations, recognlslng that we can achleve more when we work together. We share our knowledge and best prattice with other NGOS, campaigners and policy maker5 including.. 20s. Plenty for Us, Association of Personal Injury Lawyers, Association of Consumer Support Organisations, British Cycling, Cycllng UK, Cyclin8 Scot.land, London Cycling Campaign, Brake, The Bobby Colleran Trust, Road Victims Trust, Aftermath Support, Global Alliance of Road Safety NGOS, Living Streets, London Cycling Campaign, Campaign for.Rural England. Healthy Streets Coalition, Motor Accident Solicitors Society, Mer.seyside Road Safety Partnership, Birmingham Road Safety Partnership, Mums for Lungs, Murdered Abroad, National Police Chief Council Northamptonshire VOICE, PACTS, Road Danger Reduction Forum, RoadPeace Legal Panpl, Sustran5, The London Assembly, Transport for London and FEVR. Future developments 20Zty2025 Continue to raise awareness of RoadPeace Support more vlctlms throu8h our Helpline Continue with implementing our or8anisational review recommendations Launch our new three-year strategic plan Strengthen, support and grow our reglonal group network Recruitment of additional Trustees Lead another RoadPeace Challenge Investment Policy and Performance The Memorandum of Association requires that money not immediately required for the.charity's objerts, be invested by the trustees in such investments, securities or property, as may be thought fit. At present such monies are held on short term cash deposits bearing a market rate of interest, as this is felt to be the most appropriate form of investment for the resources available. P•¢e 14
OadPeace TRUSTEES, REPORT For the'year ended 31 March 2024 RoadPeace's total Income was £439.992 12023 £471,627) of which £219,663 12023 £345,764) was unrestricted, an overall decrease of £31,635 compared to the 12-month period ending 31 March 2023. We are reporting a deficit for the financial year 2023-24 of £18,865 (2022-23 - surplus £42,300). Our policy remains to build up a core income from membership and donations, and to seek diversity in our funding, so that we are not dependent on a few sources of funding which may not be renewed..We are pleased to note income from 8rants and trusts, community fundraisin8 events and corporate fundraising continue to increase. Our expenditure for the year was £458,85712023- £429,327), an increase of £29,530 compared With the previous 12-month period. Of the charity's total expenditure, £352, 22812023 £316,833) was devoted ttj charltable purposes, £16,788 12023 £19,341) to fundralsing actlvltles and £89,841 (2023 - .£93,153) to administrative support. The Trustees consider that these figures reflect both the eff iciency of RoadPeace's operations and the significant management and administrative contribution rnade by trustees and volunteers. Of the £375,029 balance carrled forward at 31 March 2024, £105,438 was restricted fundlng and £269.591 was unrestricted. This represents nearly 10 months unrestricted expenditure and is in excess of the requirements Set out by,the Trustees in the resenies policy detailed below. The reduction in the unrestricted funds is not unexpected in view of the recent challen8es within the wider community and the fact that last yearfs income included a substantial legacy, However, with the planned activities detailed above and taking the wider, economlc sltuatlon in account at the tlrne this report is signed, this surplus could diminish further. The Trustees will continue to review further efficiency measures and look at methods of increasing income to enable further activities to take place. In business and financial terms, we continue to rnana8e due to careful housekeepin8. We also benefit from a fund of goodwill from those that we have helped. which results in a steady stream of donations, individual fundraising and occasionally introductions to major sources of funding. Reserves Pollcv In accordance with guidelines issued by the Charity Commissioners and in the light of the main risks to the organisation, the trustees have adopted a policy regarding reserves, which should ensure that: 11 Excluding those funds represented by fixed assets, general reseries are held at a level equating to three to six months, antlCiP3ted planned expenditure, 2) There are adequate funds to ensure that the charity Is able to meet all current and known future liabilities. The level of free reserves exceeded the target range Set by the Board of Trustees, The Trustees have reviewed the reserves policy for 2023-2024. Trustees, responslbilities The Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and re8ulations. Paee 15
OadPeace TRUSTEES, REPORT For the year ended 31 March 2024 The Charities Acts and the Companies Acts require the Board of Trustees to prepare financial statements for each financial year which give a true and falr view of the state of affair5 of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to: select syltable accounting policies and then apply them conslstently; make judgements and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financial 5t?tements on the going concern basis unless it Is Inappropriate to presume that the charltable company wlll contlnue In buslness. Thé Trustees are also responsible for Maintaining adequate accounting records which disclose with reasonable accuracy at any tlme the financial positlon of the charity and whlch are sufflcient to Show and explain the charity's transactions and enable them to ensure that the financial statements comply wlth the Companies Act 2006 and comply with reBulation5 made under the Charities Act. They are also responsible for safeguarding the assets of the charlty and hence for taklng reasonable steps for the preventlon and detection of fraud and other irregularities. The Trustees are also responsible for the contents of the Trustees, Report, and the responsibilityof the independent examiner in relation to the Trustees, Report is limited to examiningthe report and ensurin8 that, on the face of the report, there are no inconsistencies with the figures disclosed in the flnancial statements. Approval These financial statements were approved by the Trustees on behalf, by.. 21 Jun 2024 and signed on their P E i&J.11. Petra Kendall-Raynor, Chalr Page 16
OadPeace STATEMENT OF FINANCIAL ACTIVITIES lincorporatlng income and expendlture account) For the year ended 31 March 2024 Unrestrlcted Restricted Funds Funds 2024 2024 Total Unrestricted Restricted Funds Funds Funds 2024 2023 2023 Total Funds 2023 Note INCOME FROM Donations and Legacles Other trading activities Investments 163,164 50,193 6.306 219,912 383,076 417 50.610 6.306 282,074 61,755 1,935 123,916 405,990 1,947 63.702 1,935 TOTAL INCOME 219.663 220,329 439,992 345,764 125,863 471,627 EXPENDITURE ON Fundraisin8 Funds Charitable activities Other 16,788, 241,374 72.417 16,788 110,854 352,228 17,424 89,841 19,341 197,160 74,335 19,341 119,673 316,833 18,818 93,153 TOTAL EXPENDITURE 330,579 128,278 458,857 290,836 138,491 429,327 NET IEXPENDITURE) 1110,916) 92,051 (18.865) 54,928 112,628) 42,300 Transfers between funds {3,5011 3,501 NET MOVEMENT IN FUNDS (114,417) 95,552 (18,865) 54',928 (12,628} 42,300 RECONCIUATION OF FUNDS: TOTAL FUNDS AT I APRIL 2023 384,008 .9,886 393,894 329,080 22,514 351,594 TOTAL FUNDS AT 31 March 2024 269,591. 105,438 375.029 384,008 9,886 393.894 The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 20-31 form part of these financial statements. Pz8é 17
Oadpeace BALANCE SHEET As-at 31 March 2024 2024 . 2023 Note ÈIXED ASSETS Tangible fixed assets 4,635 6,363 CURRENT ASSETS Debtors 13 17,880 379,742 8,594 402,526 Cash at bank 397.622 411,120 ,CREDITORS: amounts falling due within one year 14 (27,Z28) 123,589) 370,394 387,531 NET ASSETS 16 375,029 393,894 CHARITY FUNDS Restricted Funds JJnrestricted - General Funds 15 15 105,438 269.591 9,886 384,008 375,029 393,894 The notes on pages 20-31 form part of these financial statements.. P4e 18
OadPeace BALANCE SHEET (cont) As at 31 March 2024 . The directors are satlsfied that for the year ended on 31 March 2024 the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no member or members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. However, in accordance with section 144 of the Charities Act 2011, the accounts'have been examined by an Independent Examiner whose report appears on page 2. The direttorlsl acknowledge their responsibllity for complying with the requirements of the Companies Act 2006 with respect to.accountin8 records and the preparation of account5. The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies, subject to the small companles, re8lme and In accordance with the Financlal Reporting Standard 102. Chair P E thJ.11.iy"- Petra Kendall-Raynor, Chair Date 21 Jun 2024 The notes on pages 20-31 form part of these financial statements. Pa4e 19
OadPeace NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 SUMMARY.OF SIGNIFICANT ACCOUNTING POLICIES la) General Information and basis of preparation RoadPeace is a Limited Company in the United Kingdom. The company is limited by guarantee. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charlty. The address of the re8iStered office Is given in the charlty informatlon on page 2 of these financial statements. The nature of the charity's operations and principal activities are detailed on page 3 The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared In accordance with Accounting and Reportlng by Charltles: Statement of Recommended Practlce applicable to charities preparin8 their accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) issued on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice as it applies from l January 2016. The financial statements are prepared on a going concern basis under the historical cost conventlon, modif led to include certain items at fair value. The financial statements are prepared In sterling whlch is the functional currency of the charity. The significant accounting pollcies applied In the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless Otherwise Stated. (b) Funds Unrestricted funds are available for use at the discretion of the trustees In furtherance of the general objectives of the charity and which have not been designated for other purposes. Restrlcted funds are funds which are to be used in accordance with specific restrictions imposed by donors or whlch have been raised by the charity for particular purposes. The cost of raising and admlnistering such funds are charged agalnst the specific fund. The aim and use of each restricted fund is set out in the notes to the financial Statements. (¢) Income reco8nltlon All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity 15 legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. Pa8e 20
OadPeaC NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 For donations to be'recognised the charity wlll have been notlfied of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained, then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it IS Probable that they will be fulfilled. Oonated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be rneasured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example, the amount the charlty would be willing to pay in the open market for such facllltles and services. A corresponding amount is recognised in expenditure. No'amount is included in the financial statements for volunteer time in line with the SORP (FRS 1021. Further detail is 8iven in the Trustees, Annual Report. For le8acies, entitlement is thé earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed. Income from tradin8 activities jncludes income earned from fundraising events and trading activitips to raise funds for the charity. Income is received in exchange for supplying goods and seniices in order to raise funds and Is recognised when entitlement has occurred. Income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be recelved and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. Investment income is earned through holding assets for investment purposes such as shares and property. It includes dividends, interest and rent. Where it is not practicable to identify investment managernent costs incurred within a scheme with reasonable accuracy the investment income is reported net of these costs. It is included when the amount can be measured reliably. Interest income is recognised using the effective interest method and dividend and rent income is recognised as the charity's right to receive payment is established. Pa8e 21
04dPeace NOTES TO THE FINANCIAL STATEMENrs For theyear ended 31 March 2024 (d) Exp.enditure reco8nition All expenditure Is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.. Expenditure is recognised where th-ere is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount ofthe obllgatlon can be measured reliably. It iscategorised underthe following headin8S: Costs of raising fund5 includes the purchase of merchandise and marketing materials,. Expendlture on charltable actlvltles Include5 Staff costs and are directly attrlbutable to certain activities; and Other expenditure représents those Items not falling into the categories above. Irrecoverable VAT is charged as an expense against the actlvlty for which expenditure arose. (e) Support costs allocatSon Support cosfs are those that assist the work of the charlty but do not directly represent charitable activitles and include office costs, governance costs, administrative payroll costs. They are Incurred directly in support of expenditure on the objects of the charity and Include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular heading5 they have been allocated to cost of raisin8 funds and expen¢iture on charitable activities on a basis consistent with use of the resources. Premises and other overheads have been allocated on a similar basis. Fund-raising costs are those Incurred in seeking voluntary contrlbutions and do not include the costs of dlsseminating Information in support of the charitable activities. The analysis of these costs is Included in note 5. (fj Tanglble flxpd assets Tangible fixed assets are stated at cost lor deemed costl orvaluation less accumulated depreciatlon and accumulated Impairment losses. Cost includes costs directly attributable to making the asset capable of operatin8 as intended. Depreciation is provided on all tangible fixed assets, at rates Calculated to write off the cost, less estimated residual value, of each asset on a systematic basls over Its expected useful Ilfe as follows: Computers Fixtures and fittin8S 25% reducing balance 25% reducing balance (g) Debtors and creditor5 receivable / payable wlthln one year Debtors and creditorswith no stated interest rate and receivable or payable wtthin oneyearare recorded at transactlon price. Any1055es arising from impairment are recogni5ed in expenditure. {h) Leases Rentals payable and recelvable under operatlng leases are charged to the SOFA on a straight Ilne basis over the period of the lease. Pa8e 22
OadPeace NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 {1) Tax The charity is an exempt charity wlthin the rneanlng of schedule 3 0! the Charities Art 2011 and is considered to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. (J) Going concern .The financial statettients have been prepared on a going concern basis as the trustees believe that no material uncertaintles exist with the exception of the current situatlon Sn relatlon to COVID-19. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial stateménts. The budgeted income and expenditure is sufficient wlth the level of reserves for the charity to be able to continue as a 80ing concern. INCOME FROM DONATIONS AND LEGACIES 2024 2023 Grants Personal Donations Corporate Donations Membership Gift Aid reclaim Legacy 219,796 28,638 107,188 24,791 2,6fj3 124,518 19,757 121,020 24,541 3,147 113,007 Total 383,076 405,990 Income from donations and legacies was £383'076 (2023- £40S,990) of which £21'9,912 (2023- £123,916) was attributable to restricted fund5, the balance being attributable to unrestricted funds. ' PaBe 23
OadPeace NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024. INCOME FROM OTHER TRADING AcfiviTIES 2024 ' 2023 Fundraising events Merchandise Sales 50,610 63,511 191 Total 50,610 63,702 Inconle frorn other trading activities was £50,610 {2023 - £63,702), of which £417 (2023 -'£1,9471 was attributable to restrirted funds, the balance being attributable to unrestricted funds. INCOME FROM INVESTMENTS All investment income is bank deposit interest and the full arnount recelved £6,,306 (2023 - £1,9351 is attrlbutable to unrestrlcted funds ANALYSIS OF EXPENDITURE ON RAISING FUNDS. Total Funds 2024 Total Funds 2023 Membership. Fundraising events 1,832 14,956 2,738 16,603 Total 16,788 19,341 ' In the above costs £16,788 (2023- £19,341) related to unrestricted funds and £NIL (2023 - £NIL} related to restricted funds. Pa8e 24
OadPea¢e NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 SUMMARY OF CHARITABLE AcfiviTIES Total Funds 2024 Totol Funds 2023 Project costs Local groups Ih 30 anniversary exhibition Remembrance Support to/from external bodies and victims Governance (see note 81 Salaries 35,140 3,105 11,050 8.850 7,917 5,620 245,151 3.077 (115) 8,645 6.955 20,309 313,357 Total 352,228 316,833 In charitable activitles, £24£,37412023 - £197,160) was unrestricted whllst £110,85412023 £119,673). related to restricted funds. ANALYSIS OF OTHER COSTS Total Funds 2024 . Total Fund5 2023 Administrative salary costs Administrative assistance Office rental and maintenance Photocopier rental Printlng. postage & statlonery Communication expenses Computer software and maintenance Website costs Travel & subsistence Other expenses Lo55 on disposal of a55ets Depreciation Publicity & Awareness 16,460 1.575 36,427 1,241 6,542 2,470 10,730 2,620 4,859 2,199 14,220 1,631 36,569 1,731 7,177 1,378 10,775 7,616 . 4,258 2,844 1.544 2,106 2,848 Total 89,841 93,153 In other costs, £72,417 (2023- £74,335) wa5 unrestrirted whilst £17,424 {2023- £18,818) related to restritted funds. Pale 25
OadPeace NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 GOVERNANCE COSTS Total Funds 2024 Total Funds 2023 Accountants, fees Meetlng costs Insurance costs Consultancy fees Trustees expenses 1,333 1,236 233 1,217 2,934 1,288 17,249 439 Total 20,309 5,620 NEf INCOME/{EXPENDITUREI FOR THE YEAR This is stated after charging: Total Funds 2024 Total Funds 2023 Depreciatlon of tangible flxed assets: owned by the charity Loss on disposal of assets Opèrating lease rentals 1,$44 886 36,427 2,106 36,569 10. TRUSTEES, REMUNERATON AND EXPENSES The trustees neither received nor waived any remuneration during the year12023- NIL). During the year, no Trustees received any remuneration12023- £NILI. During the year., no Trustee5 received any benefits in kind12023- £NIL). During the year, one Trustee received reimbursernent of travel expenses of £40912023- NIL). PaBe 26
OadPeace NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 11. STAFF COSTS AND NUMBERS Staff costs were as follows: ' 31 March 2024 31 March 2023 Wages and salarles. Social security Costs Employer pension costs Staff training Staff recruitment costs 295,957 21,503 6.263 J,725 2,369 233,197 15,878 5,025 3,351 '1,920 Total 329,817 259,371 The average number of full-time equivalent employees during the year was as follows: 2024 2023 No. 'No. Charitable activltles Management and administration Total li No employee received remuneration amountlng to more than £60,000 In either year. Pa8e 27
OadPeac¢ NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 12. TANGIBLE FIXED ASSETS Furniture and flttlngs Computer equlpment Total Cost At l April 2023 Additions Disposals 7,452 34,581 702 12,124 42,033 702 (2,124) At 31 March 2024 7,452 33,159 40,611 Qepreclation At l April 2023 Charge for the year Released on disposal . 6,996 114 28,674 1,430 11.2381 35,670 1,544 11,238) 'At 31 March 2024 7,110 28,866 35,976 Net book value At 31 March 2024 342 4.293 4,635 At 31 March 2023 456 5,907 6,363 13. DEBTORS 2024 2023 Due within one year Accounts receivable Ile5s provlsion for doubtful debt} Prepayments & accrued income Tax recoverable- gift aid 11,769 3,111 3,000 2,483 3,111 3,000 Total 17,880 8,594 Page 28
OadPeace NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 14. CREDITORS:. Amounts falling due within one year 2024 2023 Trade creditors & accruals Social Security & other taxation 10,821 16,407 18,735 4,854 Total 27,228 23,589. 15. STATEMENT OF FUNDS Brought Incomlna Forward Rèsources Resources Expended Carrled Forward ' Transfers Unrestricted Fund5 General Fund 384,008 219,663 1330,5791 {3,SOI) 269,591 RESTRicfEO FUNDS TFL West Mercia project SW Local Group NW Local Group WM Local Group North Yorkshire PCC City Bridge Foundation Reaching Comrnunities 36,000 74,492 {21,181). {77,9931 14,819 3,501 905 789 4,177 4,015 905 789 4,091 4,015 7,171 73,648 1,175 (1,261) 23.185 85,477 116,014) 111,829) Restritted Funds 9,886 ' 220,329 (128,278} 3,501. 105.438 P•fje 29 '
. OadPeace NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 RESTRicfED FUNDS TFL Project.. this is a pilot projert funded by MOPAC to deliver enhanced post-crash 5UPPOrt to road crash virtims in partnership with TFL, Metropolitan Police Service, City of London Police, Brake and RoadPeace. West Mercla Project: A grant provided by the West Mercia PCC to fund support services in West Mercia. South West Local Group: Funds to be spent on SW actlvlties. This includes a grant from the Avon and Somerset Road Safety fund. North West Local group: Funds to be spent on NW activitles. This includes a grant from the Hemby Trust. West Mldlands Local Group: Funds to be spent on WM activities. This includes a grant from the WM CIF fund. North Yorkshire PCC: A grant from the Office of.the North Yorkshire Police, Fire & Crime Comrnissioner to provide support services for crash victims in North Yorkshire Clty Bridge Foundation: Thls is a 2 year project to deliver the victirps, voice and lived experience in London based on RoadPeace campaigns. Reaching Communltle5: This is a 3 year project funded by the National Lottery to strengthen and develop our local group network. Page 30
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 16. ANALYSIS OF NEf ASSEfs BEfwEEN FUNDS Unrestrirted Funds 2024 Restricted Funds. 2024 Total Funds 2024 rotal Funds 2023 Tangible fixed assets Current assets Creditors due withln one year 4,635 283,578 (18.622) 4,635 397.622 (27,228) 6,363 411,120 123,589) 114.044 (8,606) Total 269,591 105,438 375,029 393,894 17 OPERATING LEASE COMMITMENTS The organlsation has a Ilcence agreement for the use of premlses. The commltment can be terminated with 30 days notice. The monthly licence fee is cu'rfently £3,037. Page 31