2025-03-31-accounts - The Frontline Club Charitable Trust

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REGISTERED CHARITY NUMBER: 1111898

Trustees' Report and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

The Frontline Club Charitable Trust

Stephenson Smart (East Anglia) Limited Chartered Accountants 22-26 King Street King's Lynn Norfolk PE30 1HJ

The Frontline Club Charitable Trust

Contents of the Financial Statements for the Year Ended 31 March 2025

	Page
Reference and Administrative Details	1
Trustees' Report	2 to 5
Trustees' Responsibility Statement	6
Independent Examiner's Report	7
Statement of Financial Activities	8
Balance Sheet	9
Notes to the Financial Statements	10 to 17
Detailed Statement of Financial Activities	18 to 19

The Frontline Club Charitable Trust

Reference and Administrative Details for the Year Ended 31 March 2025

Trustees	Mr R Sambrook (resigned 31.12.2024)
	Ms S Phillips
	Mr P Conroy (resigned 14.3.2025)
	Ms T Shubart (appointed 18.3.2025)
	Mr G M Knight (appointed 18.3.2025)
	Ms J L Weir (appointed 18.3.2025)
Principal address	13 Norfolk Place
	London
	W2 1QJ
Registered charity number	1111898
Independent examiner	Stephenson Smart (East Anglia) Limited
	Chartered Accountants
	22-26 King Street
	King's Lynn
	Norfolk
	PE30 1HJ
Solicitors	Duane Morris
	London
	EC2Y 9AW

The Frontline Club Charitable Trust

Trustees' Report for the Year Ended 31 March 2025

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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).

Objectives and activities

Aims and objectives

The Frontline Club Charitable Trust exists to advance, for the benefit of the public, education of journalists, media decision-makers, educators and other interested persons in matters of public concern, such as equality, diversity, accountability and human rights, including the right to freedom of expression.

The Frontline Club Charitable Trust aims to:

Promote free, accurate and responsible media coverage anywhere in the world.
Train in the safety and health of journalists and other personnel exposed to danger as a result of media activities in areas of conflict.

Significant activities

To achieve it's objectives the trust provides a forum for conferences, courses, debates, discussions, events, seminars and exhibitions; promotes writing, films and recordings; undertakes research and promotes the provision of information, advice, guidance and counselling.

Public benefit

The charity benefits the public and the global community by promoting independent and responsible journalism and media coverage throughout the world, through education and forums for journalists, decision-makers, educators and anyone interested in matters of public concern. This is achieved through the charity's year round programme of public events, training courses, international projects and website information. More details of all of these can be found on the charity's website www.frontlineclub.com.

Grant making

The Trust currently undertakes the making of grants from its own resources.

Achievements and performance

2024-25 was a tumultuous year for The Frontline Club as it dealt with the prospect of losing its premises at 13 Norfolk Place in Paddington. The Charity maintained its presence in the building by securing a new lease on the upper floors but had to relinquish the ground floor restaurant.

This substantially changed the presentation of The Frontline Club as a pizza restaurant operated by the new owner of the building moved in below it. The Charity reached a good arrangement with Santa Maria, its ground floor neighbour, which has now substantially taken over the Charity's food provision.

The change was disruptive, with builders working downstairs from January 2025 through to the end of March, but the reporting year ended with the new arrangement in place and working well. This has allowed the Charity to focus on its core public event activities.

The events programme continues to be popular and the Charity maintained the number of events delivered at three events a week. As examples of our events, on 28 June 2024 the Frontline Club delivered a panel discussion titled 'The Art of Propaganda: How to Win an Information War'. On 26 November 2024 we held a screening called 'Hollywoodgate' looking at the Taliban's insular world. On 10 March 2025 we held a panel discussion called 'Sudan's Forgotten War'.

Membership donations strengthened through the year.

The Frontline Club Charitable Trust

Trustees' Report for the Year Ended 31 March 2025

Financial review

Financial position

A surplus for the year of £65,588 (2024: deficit £93,767) arose on the general unrestricted fund giving a deficit balance of £229,296 (2024: deficit £291,229) to carry forward at the year end.

A deficit for the year of £3,655 (2024: surplus £2,409) arose on the restricted fund resulting in a balance on the restricted fund at the year end of £34,614 (2024: £38,269).

The detailed income and expenditure figures are set out in the financial statements which follow this report.

Principal funding sources

The main income for the charity currently comes from membership donations and these are recovering after having eroded because of the pandemic. The charity also brings in funds from event sales.

The charity's former partner organisation, The Frontline Club Limited, ceased to trade in December 2020 after its trade collapsed during Covid 19. The Trustees had to run hospitality services themselves, briefly, until they came to an arrangement with the Cork & Bottle Restaurant to run food and beverage services at 13 Norfolk Place. Sadly the arrangement did not work and only lasted from April to June 2023 before the Cork & Bottle pulled out. To keep the operation going, H V L Smith, the Charity CEO, took over food and beverage in the building while the trustees dealt with securing the new lease on the upper floors of the building.

By the end of March 2025 food production was taken over by Santa Maria, the new ground floor and basement tenants, and H V L Smith continues to deliver beverages for the club in the remaining first floor bar.

Investment policy and objectives

Any surplus funds are placed into a deposit account with the Trust's bankers. Funds need to be readily available and so they are subject to low interest rates. The trustees do not consider that more longer term, higher yield investments are realistic at this time.

Reserves policy

Unrestricted reserves are needed:

to provide funds which can be designated to specific projects to enable these projects to be undertaken at short notice, and
to cover administration, fund-raising and support costs, without which the trust could not function.

The trustees consider it prudent that unrestricted reserves should be sufficient to cover one to two months' expenditure on the forum events programme, administration, fund raising and support costs, which is approximately £30,000 per month.

The level of reserves is monitored and reviewed by the trustees, who have determined that it should be a strategic aim of the charity to improve this in order to give a greater margin of comfort in the charity's ability to withstand the unexpected.

The trustees have considered the charity to be a going concern and believe that the Trust should continue to make a small surplus in 2025/26 and onwards. The trustees have put in place efficiencies to reduce ongoing costs.

The Frontline Club Charitable Trust

Trustees' Report for the Year Ended 31 March 2025

Financial review

Going concern

Considerable cost savings have been realized with the loss of the charity's offices at 15a Norfolk Place.

The charity still has a loyal core community which values and support it and has become more relevant with conflicts in Ukraine and the Middle East, there is an increasing public need for journalists to report the news accurately and safely.

The trustees are therefore satisfied that the charity's finance will improve significantly, going forward, and will be a going concern for the foreseeable future.

Key management remuneration

The trustees consider the board of trustees, along with Mr H V L Smith and Mr M Armani, as comprising the key management personnel of the charity in charge of directing and controlling the charity and running and operating the charity on a day to day basis. All trustees give of their time freely and no trustee remuneration was paid in the year. Details of trustee expenses and related party transactions are disclosed in note 13 to the accounts.

Future plans

The trustees will ensure that a good quality hospitality service will be available in both premises in Paddington and work to expand Club membership donations.

The charity will continue to develop its work supporting international conflict freelancers and freelance journalists local to the stories that they work on. It will continue to seek another grant to extend FFR and launch more local chapters in countries where journalism is being severely tested. FFR will continue to investigate alternative sources of revenue for independent journalists and photographers.

Structure, governance and management

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Charity constitution

The charity is constituted by a Trust Deed dated 28th October 2005, and is a UK registered charity, number 1111898.

The registered office is 13 Norfolk Place, London, W2 1QJ.

Recruitment and appointment of new trustees

Potential new trustees are interviewed by the board of trustees and are selected with a view to ensuring an appropriate mix of skills and expertise.

The trustees who served during the period were R Sambrook, S Phillips, P Conroy, T Shubart, G M Knight and J L Weir.

Induction and training of new trustees

All trustees are issued with the Charity Commission booklet setting out the duties and responsibilities of trustees. New trustees also receive the latest financial statements and management accounts, and other briefing documentation explaining the organisational structure and practices and are invited to attend the offices and events programme at any time.

The Frontline Club Charitable Trust

Trustees' Report for the Year Ended 31 March 2025

Structure, governance and management

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The trustees regularly monitor the major risks to which the trust is exposed, in particular those related to the operations and finances of the trust and are satisfied that systems are in place to mitigate exposure to these risks.

The trustees consider the major risk to the charity to be the continuing impact of the Covid 19 pandemic which reduced the charity's membership donation income, and the impact of inflation on our ability to rebuild supporter base.

Approved by order of the board of trustees on 29 January 2026 and signed on its behalf by:

Ms S Phillips - Trustee

The Frontline Club Charitable Trust

Trustees' Responsibility Statement for the Year Ended 31 March 2025

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period, preparing those financial statements, the trustees are required to

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Independent Examiner's Report to the Trustees of The Frontline Club Charitable Trust

Independent examiner's report to the trustees of The Frontline Club Charitable Trust

I report to the charity trustees on my examination of the accounts of The Frontline Club Charitable Trust (the Trust) for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement - matters of concern identified

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination.

I have identified matters of concern in my report because of a material uncertainty regarding the charities ability to continue as a going concern. Although the charity has made a surplus in the year of £61,933, funds carried forward remain at a deficit of £229,296.

I confirm that no other matters have come to my attention that give me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

Dan Jastrzebski FCA CTA

Stephenson Smart (East Anglia) Limited Chartered Accountants 22-26 King Street King's Lynn Norfolk PE30 1HJ

29 January 2026

The Frontline Club Charitable Trust

Statement of Financial Activities for the Year Ended 31 March 2025

Unrestricted Restricted fund funds Notes £ £ Income and endowments from Donations and legacies 295,653 2,000 Charitable activities Cafe takings and room hire 2,700 - Events 53,034 - Investment income 3 499 - Total 351,886 2,000 Expenditure on Charitable activities Cafe takings and room hire 108 - Events 163,920 - Ukraine projects - - Governance costs 16,405 - Other 105,865 5,655 Total 286,298 5,655 NET INCOME/(EXPENDITURE) 65,588 (3,655) Reconciliation of funds Total funds brought forward (329,498) 38,269 Total funds carried forward (263,910) 34,614	31.3.25 Total funds £ 297,653 2,700 53,034 499 353,886 108 163,920 - 16,405 111,520 291,953 61,933 (291,229) (229,296)	31.3.24 Total funds £ 214,429 8,214 61,330 763 284,736 933 203,124 31,390 12,000 128,647 376,094 (91,358) (199,871) (291,229)

The notes form part of these financial statements

The Frontline Club Charitable Trust

Balance Sheet

31 March 2025

Unrestricted Restricted fund funds Notes £ £ Fixed assets Tangible assets 6 14,601 - Current assets Debtors 7 135,033 - Cash at bank 8,211 34,614 143,244 34,614 Creditors Amounts falling due within one year 8 (396,237) - Net current assets/(liabilities) (252,993) 34,614 Total assets less current liabilities (238,392) 34,614 Creditors Amounts falling due after more than one year 9 (25,518) - NET ASSETS/(LIABILITIES) (263,910) 34,614 Funds 12 Unrestricted funds Restricted funds Total funds	31.3.25 Total funds £ 14,601 135,033 42,825 177,858 (396,237) (218,379) (203,778) (25,518) (229,296) (263,910) 34,614 (229,296)	31.3.24 Total funds £ 9,115 74,091 58,552 132,643 (402,432) (269,789) (260,674) (30,555) (291,229) (329,498) 38,269 (291,229)

The financial statements were approved by the Board of Trustees and authorised for issue on 29 January 2026 and were signed on its behalf by:

Ms S Phillips - Trustee

The notes form part of these financial statements

The Frontline Club Charitable Trust

Notes to the Financial Statements for the Year Ended 31 March 2025

1. Accounting policies

Basis of preparing the financial statements

The financial statements of the charity, 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 accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.

Going concern

At the year end the charity had net liabilities of £229,296, restricted reserves of £34,614 and unrestricted liabilities of £263,910. The trustees consider a period of 12 months from the date of signing the balance sheet, and have concluded that the charity will receive sufficient funds from future subscriptions, donations, Gift Aid and grants to continue for the foreseeable future. The trustees therefore consider it appropriate to prepare the financial statements on the going concern basis.

The Trust has continued to rebuild its activities following the financial implications arising from the pandemic and post-covid periods. The charity has continued to monitor costs and manage cost savings where possible. This included the surrender of a property lease during the previous year which has and will significantly reduce costs. Restructuring within the charity has helped aid in this and provide more financial security post year end.

The trustees and management continue to monitor performance closely to ensure the recovery of the charity is prioritised. This includes continuing to promote the charities successful events programmes.

The charity's growing membership is committed to its values and objectives. The Settlor and landlord of the charity, also its main creditor, remains committed to the long-term survival of the charity.

With the continued support of its members and the hard work of the staff, The Frontline Club Charitable Trust will continue to provide its essential services to the journalistic community for the foreseeable future. The trustees are seeking to obtain donations and grants as available, and they will adapt operations in light of the ongoing financial circumstances to build a strong basis for the long-term future of the charity.

At the date of these accounts being approved, the charity has sufficient cash to meet the liabilities as they fall due for a period not limited to 12 months from the date of approval of these financial statements. There is also an amount owed to Mr H V L Smith at the year end of £241,167, of which the Trust has confirmation from Mr H V L Smith that this liability will not be pursued whilst the Trust has insufficient resources to sustain its operations.

However, due to the financial position of the charity as at the year end, there is a material uncertainty of the charity being able to secure adequate future income to cover operational running costs. These create material uncertainty related to events or conditions that may cast significant doubt over the charities ability to operate as a going concern.

At the date of this report however, the trustees are confident with the prospective financial position of the company that they will receive the required funding to maintain the charities operations. On this basis the trustees believe the accounts should be prepared on a going concern basis.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

The Frontline Club Charitable Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

1. Accounting policies - continued

Income

Donations are recognised when the Trust has been notified in writing of both the amount receivable and the settlement date or when the donation is received if later.

Event income is recognised when received.

Grants are recognised in the Statement of Financial Activities when the charity is entitled to the funds, the amount can be reasonably and accurately quantified and it is probable the funds will be received. To the extent that their purpose is restricted they are included as restricted funds or endowment funds.

Income tax recoverable in relation to donations received under Gift Aid is recognised at the time of the donation.

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 that 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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Allocation and apportionment of support and governance costs

Governance costs include the external examination, book-keeping some administration costs, legal fees for advice to the trustees and the costs of trustees meetings.

Governance costs are allocated 100% to charitable expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Website costs - straight line over 3 years Fixtures and fittings - 15% on cost Computer equipment - 20% p.a. reducing balance

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted 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 fund is included in the notes to the financial statements.

The Frontline Club Charitable Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

1. Accounting policies - continued

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements in conformity with FRS 102 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 future events that are believed to be reasonable under the circumstances.

(i) Useful economic lives of tangible assets

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancements, future investments, economic utilisation and the physical condition of the assets. See notes to the accounts for the carrying amount of tangible assets and the useful economic lives for each class of assets.

3. Investment income

3.	Investment income
		31.3.25	31.3.24
		£	£
	Deposit account interest	499	763
4.	Grants payable
		31.3.25	31.3.24
		£	£
	Ukraine projects	-	540
	The total grants paid to individuals during the year was as follows:
		31.3.25	31.3.24
		£	£
	General grants	-	540

Included within grants is one grant payable of £Nil (2024 - £540) in relation to Ukraine fund.

The Frontline Club Charitable Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

5. Trustees' remuneration and benefits

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

The trustees all freely give their time and expertise without any form of remuneration. No subsistence costs were paid on behalf of Trustees (2024: £Nil).

During the year Mr H V L Smith claimed reimbursement of £29 (2024: £2,682) for computer equipment, office equipment, event costs, postage, maintenance and travel and web hosting purchased on the Trust's behalf. At the year end the Trust owed Mr H V L Smith £241,167 (2024: £159,471).

6. Tangible fixed assets

Fixtures
Short
Website
and
Computer
leasehold
costs
fittings
equipment
£
£
£
£
Cost
At 1 April 2024
-
20,836
12,719
62,009
Additions
7,758
-
-
-
At 31 March 2025
7,758
20,836
12,719
62,009
Depreciation
At 1 April 2024
-
20,836
12,682
52,931
Charge for year
453
-
5
1,814
At 31 March 2025
453
20,836
12,687
54,745
Net book value
At 31 March 2025
7,305
-
32
7,264
At 31 March 2024
-
-
37
9,078
Debtors: amounts falling due within one year
31.3.25
£
Trade debtors
2,770
Other debtors
71,448
VAT
-
Prepayments
60,815
135,033

Totals
£
95,564
7,758
103,322
86,449
2,272
88,721
14,601
9,115
31.3.24
£
50
69,022
139
4,880
74,091

7. Debtors: amounts falling due within one year

The Frontline Club Charitable Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

8. Creditors: amounts falling due within one year

8. Creditors: amounts falling due within one year
Bank loans and overdrafts (see note 10) Trade creditors Taxation and social security Other creditors 9. Creditors: amounts falling due after more than one year Bank loans (see note 10) 10. Loans An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Bank loans Bank overdraft Amounts falling due between two and five years: Bank loans - 2-5 years	31.3.25 £ 15,407 18,411 874 361,545 396,237 31.3.25 £ 25,518 31.3.25 £ 5,037 10,370 15,407 25,518	31.3.24 £ 5,037 15,754 3,452 378,189 402,432 31.3.24 £ 30,555 31.3.24 £ 5,037 - 5,037 30,555

11. Leasing agreements

Operating lease payments are recognised as an expense in the profit or loss on a straight line basis over the period of the lease term. The aggregate benefit of any lease incentives is recognised as a reduction to the expense over the lease term, on a straight-line basis.

The Frontline Club Charitable Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

12. Movement in funds

Movement in funds
			Net
			movement
	At 1.4.24		in funds	At 31.3.25
		£	£		£
Unrestricted funds
General fund	(329,498)		65,588		(263,910)
Restricted funds
Ukraine projects fund		18,460	-		18,460
Frontline fund		19,809	(3,655)		16,154
		38,269	(3,655)		34,614
TOTAL FUNDS	(291,229)		61,933		(229,296)
Net movement in funds, included in the above are as follows:
	Incoming		Resources	Movement
	resources		expended		in funds
		£	£		£
Unrestricted funds
General fund		351,886	(286,298)		65,588
Restricted funds
Frontline fund		2,000	(5,655)		(3,655)
TOTAL FUNDS		353,886	(291,953)		61,933
Comparatives for movement in funds
			Net
			movement
	At 1.4.23		in funds	At 31.3.24
		£	£		£
Unrestricted funds
General fund	(235,731)		(93,767)		(329,498)
Restricted funds
Ukraine projects fund		16,051	2,409		18,460
Frontline fund		19,809	-		19,809
		35,860	2,409		38,269
TOTAL FUNDS	(199,871)		(91,358)		(291,229)

The Frontline Club Charitable Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

12. Movement in funds - continued

Comparative net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	250,937	(344,704)	(93,767)
Restricted funds
Ukraine projects fund	33,799	(31,390)	2,409
TOTAL FUNDS	284,736	(376,094)	(91,358)

The General unrestricted fund includes income and expenditure from services provided by the Frontline Club Limited in order to enable the Forum Events Programme run by the Charity to operate effectively.

The Frontline Freelance Register (FFR) fund is a representative body open to all freelance journalists working in conflict or foreign reporting.

The Frontline Fund (formerly named the Fixers Fund) supports families of 'fixers' (nationals who assist foreign journalists in obtaining information and 'fixing' meetings etc) who have been killed or died in the process of their activities.

The Ukraine War projects Appeal was launched in March 2022 after the invasion of Ukraine to train and support frontline journalists in battlefield safety and emergency first aid procedures, including practical kits, and to support and advise people affected by the war in Ukraine.

13. Related party disclosures

During the year the Honorary Chief Executive of the Charity was Mr H V L Smith, who was also the original settlor of FCCT. He was also the sole shareholder of Frontline Television News Limited, and owned a sole trader property letting business trading as Ellingham Land.

During the year Frontline Television News Limited recharged costs and services to the Trust of £Nil (2024: £Nil). At the year end the Trust owed Frontline Television News Limited £Nil (2024: £Nil).

During the year Mr H V L Smith charged rent to the Trust of £64,000 (2024: £103,000) and expenses of £29 (2024: £4,218) . At the year end the Trust owed to Mr H V L Smith £241,167 (2024: £159,471).

No other related party transactions took place in the year (2024: nil).

The Frontline Club Charitable Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

14. Employees and directors

The average number of employees during the year was 1 (2024 - 1).

The Frontline Club Charitable Trust

Detailed Statement of Financial Activities for the Year Ended 31 March 2025

Income and endowments Donations and legacies Donations Gift aid Subscriptions Investment income Deposit account interest Charitable activities Cafe takings Entry fees to events Total incoming resources Expenditure Charitable activities Wages Pensions Other operating leases Property maintenance Sundries Grants to individuals Other Fixtures and fittings Computer equipment Impairment losses for intangible fixed assets Bank loan interest Interest payable Support costs Management Wages Carried forward	31.3.25 £ 108,352 1,920 187,381 297,653 499 2,700 53,034 55,734 353,886 - - 90,020 4,686 24,854 - 119,560 5 1,814 - 833 103 2,755 19,670 19,670	31.3.24 £ 75,377 38,511 100,541 214,429 763 8,214 61,330 69,544 284,736 4,846 29 103,000 15,614 52,671 540 176,700 6 1,716 1 549 815 3,087 28,690 28,690

This page does not form part of the statutory financial statements

The Frontline Club Charitable Trust

Detailed Statement of Financial Activities for the Year Ended 31 March 2025

Management Brought forward Social security Pensions Rates and water Insurance Light and heat Telephone Advertising Sundries Legal and professional fees Finance Bank charges Short leasehold Governance costs Accountancy and legal fees Total resources expended Net income/(expenditure)	31.3.25 £ 19,670 - 401 26,045 8,303 5,511 8,596 2,581 14,005 62,347 147,459 9,756 453 10,209 11,970 291,953 61,933	31.3.24 £ 28,690 198 682 16,790 7,987 42,007 9,491 2,510 11,492 48,685 168,532 15,775 - 15,775 12,000 376,094 (91,358)

This page does not form part of the statutory financial statements