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← Diana Award

2025-03-31-accounts

REGISTERED COMPANY NUMBER: 05739137 (England and Wales) REGISTERED CHARITY NUMBER: 1117288

Fatoukane

Report of the Trustees and

Financial Statements

for the Year Ended 31 March 2025

for

Diana Award

Roy Pinnock & Co LLP Statutory Auditors Wren House 68 London Road St Albans Hertfordshire AL1 1NG

Diana Award

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

Page
Report of the Trustees 1 to 9
Report of the Independent Auditors 10 to 13
Statement of Financial Activities 14
Balance Sheet 15
Cash Flow Statement 16
Notes to the Cash Flow Statement 17
Notes to the Financial Statements 18 to 36
Detailed Statement of Financial Activities 37 to 39

Diana Award

Report of the Trustees for the Year Ended 31 March 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 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) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

About The Diana Award

The Diana Award is the only charity legacy to Diana, Princess of Wales, founded on the belief that young people have the power to change the world. We are proud to have her sons, The Prince of Wales and The Duke of Sussex, as our supporters.

Our Mission

We exist to empower young people to make positive change. However, we recognise the significant challenges that hinder young people from realising their full potential and effecting change. Young people face substantial barriers that impact their ability to change the world:

-Social and Economic Barriers: Financial insecurity and limited access to resources prevent young people from pursuing their goals and achieving social mobility.

For the past 25 years, The Diana Award has been dedicated to addressing these challenges and empowering young people to overcome these obstacles. Our mission is to see young people with improved mental health and wellbeing, equitable access to opportunities, and greater power and influence over decisions that shape their futures.

Page 1

Diana Award

Report of the Trustees for the Year Ended 31 March 2025

OBJECTIVES AND ACTIVITIES

.

Our Work

To achieve our Mission, we have developed a range of programmes that target these critical areas:

1. Mental Health and Wellbeing

a. Anti-Bullying Ambassadors Program : Training young people to become ambassadors who tackle bullying in their schools and communities, fostering safer and more supportive environments. This includes training which addressing racial hate, homophobic and transphobic hate and promoting culturally competent mental health support for young people.

b. Young Changemakers : A project led by young co-producers aged 16-25 with a passion for and or lived experience of mental health and racial injustice.

2. Social and Economic Barriers

a. Mentoring and Career Development : Providing online career training, one-on-one mentoring, and work experience opportunities to expose young people to diverse career options and help them navigate professional challenges.

3. Empowering Young People's Voice and Agency

a. Diana Award and Development Programme : Recognising young people's contributions to social change and providing development opportunities to enhance their leadership and impact.

b. Centre for Social Action : An online platform offering skills-building, networking, and resources to support young changemakers globally .

These programmes are designed to equip young people with the tools, support, and platforms they need to thrive. By addressing their mental health needs, breaking down social and economic barriers, and amplifying their voices, The Diana Award is committed to fostering a generation of confident, resilient, and empowered young leaders ready to change the world.

Page 2

Diana Award

Report of the Trustees for the Year Ended 31 March 2025

OBJECTIVES AND ACTIVITIES

.

Our 2024/25 Impact

In 2024/25, The Diana Award continued to deliver measurable impact across the UK and internationally. Through our programmes, we supported thousands of young people to build confidence, develop leadership skills and take meaningful social action in their schools, communities and workplaces.

Our work this year focused on three strategic areas: improving mental health and wellbeing, creating equitable opportunities , and amplifying youth voice and agency . Together, these priorities underpin our long-term vision to unlock potential in every young person and build a generation of changemakers who contribute to a fairer, more compassionate world.

Supporting Mental Health and Wellbeing through Unlocking Potential

The Diana Award continues to address the systemic and structural challenges that affect young people's mental health and wellbeing. Working in partnership with schools and youth organisations, our programmes build resilience, confidence and a sense of belonging among young people.

Through the Anti-Bullying Ambassador Programme, 1,816 young people across 193 schools were trained to identify, challenge and prevent bullying behaviour. Supported by #iWill , the programme empowers students to lead peer-driven initiatives that promote kindness, respect and safer s chool environments.

Reducing Social and Economic Barriers through Opportunity Creation

We remain committed to creating equitable access to education, mentoring and employment opportunities for young people who face disadvantage. During the year:

-Through the Social Action Accelerator Programme, 32 young people collaborated with 25 mentors across 98 structured sessions , dedicating nearly 200 hours to community projects addressing issues such as climate change, inequality and youth violence.

These interventions continue to improve employability skills, self-belief and future readiness among participating young people, helping to remove barriers to social mobility.

Enhancing Youth Voice and Agency through Recognition and Advocacy

We continue to provide platforms that amplify youth voice, celebrate positive social action and promote youth-led leadership across the world.

Page 3

Diana Award

Report of the Trustees for the Year Ended 31 March 2025

OBJECTIVES AND ACTIVITIES

Looking Ahead

Our programmes collectively demonstrate the transformative power of youth-led change. Each young person we support contributes to stronger, more compassionate communities and a more equitable society.

In the year ahead, a major organisational focus will be the launch of our Decade of Youth Wellbeing (2025-2035) initiative. This global campaign aims to create systemic change by placing young people's mental health and wellbeing at the centre of education, policy and community life. Through collaboration with governments, schools, businesses and young leaders, we will drive a ten-year commitment to improving wellbeing ou tcomes and ensuring that every young person has the tools and environment to thrive.

As we look ahead to 2025/26 and beyond, our work will continue to align with the UN Sustainable Development Goals , particularly those focused on Good Health and Wellbeing (SDG 3), Quality Education (SDG 4), Reduced Inequalities (SDG 10) and Climate Action (SDG 13) . We remain committed to ensuring that every young person, regardless of background, feels empowered to shape their future and contribute to a more sustainable, fair and compassionate world .

PUBLIC BENEFIT

The trustees have given due consideration to the Charity Commission's guidance on public benefit and believe the charity meets those requirements. Our main activities and who we try to help are described above.

VOLUNTEERS

The charity relies on volunteers and donations. Our award holders volunteer with us all year round including opportunities to intern with us. Due to the number of individuals concerned, it is not felt that any reliable value can be placed on their time, so no value has been reflected in the accounts.

ACHIEVEMENT AND PERFORMANCE

Fundraising activities

Members of the fundraising team organise fundraising events and co-ordinate the activities of our sponsors & events. Diana Award does not use professional fundraisers. There have been no complaints about fundraising activity this year.

Page 4

Diana Award

Report of the Trustees for the Year Ended 31 March 2025

FINANCIAL REVIEW

Financial position

Over the 2024-25 financial year, the Diana Award continued to prioritise increasing its multi years funding. Some of these initiatives were realised over the course of the period, as the charity successfully engaged new project funding across all of its programming. However, new grant funding and sponsorship income did not meet target levels and total income fell by 24%.

During the financial period, the charity received total income of £2,039,158 (2024: £2,695,057) and had total annual expenditure of £2,266,420 (2023: £2,710,409) giving a deficit for the year of £227,302 (2024 deficit: £15,352).

The increased deficit shown for this accounting period is due to income recognised in previous financial years, and credited to restricted funds, being drawn down (in accordance with the terms of the relevant grants) to cover multi-year activities, including this accounting period.

As of 31 March 2025, the total funds were £670,649 (2024: £897,951) This is made up of unrestricted funds of £ 361,995 (2024: £254,447) and restricted funds of £308,654 (2024: £643,505). Restricted funds are not available for the general purpose of the charity.

Unrestricted funds are our reserves after taking into account all restricted and designated funds.

INVESTMENT POLICY AND OBJECTIVES

The charity does not have any long-term reserves or endowments. It is therefore appropriate that any funds that are not immediately required are invested in interest bearing deposit accounts.

RESERVES POLICY

The trustees are seeking to build up the reserves to a level, both to support the operations of the charity during any temporary reduction in grant income and also to enable a controlled rundown of activities, if it became no longer feasible to continue the operations of the Charity. The trustees are therefore working towards holding reserves of approximately four months' of expenditure. This position has not yet been reached.

As at 31 March 2025 the total value of funds was £670,649 (2024: £897,951) This is made up of unrestricted funds of £361,995 (2024:£254,447) and restricted funds of £308,654 (2024: £643,505). The restricted funds are not available for the general purpose of the charity. The unrestricted funds are our reserves after taking into account all restricted and designated funds

STRUCTURE, GOVERNANCE AND MANAGEMENT

GOVERNING DOCUMENT

The charity is controlled by its governing document, memorandum and articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 1985.

TRUSTEE RECRUITMENT, INDUCTION AND TRAINING

It is the aim of the trustees to maintain a balance of skills within the Board and this matter is under regular review. The trustees have agreed a procedure for identifying and selecting suitable candidates to join the Board. All trustees are encouraged to participate in the activities of the Board and steps are taken to ensure that all new trustees have the appropriate information in order to contribute effectively to the Board.

Page 5

Diana Award

Report of the Trustees for the Year Ended 31 March 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT GOVERNANCE AND MANAGEMENT

The Diana Award has a strong, diverse, and active board of trustees supporting and guiding our organisation. They have a range of expertise across various fields to have a significant input in the governance of the organisation. The board is chaired by Rebecca Crook who co-founded and chaired Saltdean Lido CIC for six years successfully fundraising over £5million and bringing the pool and building back into use for the local community. With an interest in heritage and culture she has previously sat on the National Trust strategic advisory board as well as London Transport Museum board. She is currently a trustee with the Royal Pavilion and Museums Trust where she chairs the Enterprise committee, overseeing five sites across Brighton and Hove, as well as being a Trustee with the Martlets hospice.?

The board meets quarterly to review progress against agreed strategic objectives as well as review the organisational risk register including finances, in line with emerging trends.

All staff, partner organisations and trainers are DBS checked and the Diana Award will ensure that all staff working on this programme are suitably qualified and trained. The Diana Award Risk Register is part of the suite of quarterly reporting to our Board.

The leadership of The Diana Award is delegated to the Chief Executive Officer, Dr Tessy Ojo CBE, who oversees the organisation's strategic and operational management. Tessy's over 25 years leadership experience and contribution to the youth sector, was recognised in the 2020 Queen's Birthday Honours, when she was awarded a CBE. She also has a number of non-Executive roles including Comic Relief, Chair of #iwill Leadership Board, BBC Charity Appeals, The Royal Taskforce on Cyberbullying and The UK Council for Child Internet Safety (UKCCIS).

Supporting the CEO is the Senior Leadership Team (SLT) made up of:

-Ms Michelle Horne, Director of Operations, joined the organisation in April 2024. Michelle joins us from Future Foundations where she worked for 8 years; first as a Programme Manager, then as Head of Programmes and finally as Operations Director for over 4.5 years. She has delivered and overseen various initiatives and programmes across the UK and internationally with a focus on youth leadership and social action. Before joining Future Foundations, Michelle was the Principal of an English Language school (in Brighton for 3.5 years and in St Albans for 1 year).

Page 6

Diana Award

Report of the Trustees for the Year Ended 31 March 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Key management remuneration

Key management are paid a commercial salary for their services to the company. Any changes to the salary are authorised by the trustees.

RELATED PARTIES

The trustees have a procedure in place concerning potential conflicts of interest and any such matters are disclosed to the Board. No trustee will be party to any decision relating to any matter involving another body that is a related party.

FRAUD & RISK MANAGEMENT

The trustees have identified and reviewed the major risks to which the organisation is exposed. They are satisfied that appropriate systems have been installed to mitigate those risks.

The principal risks and uncertainties facing the charity include safeguarding as the charity's major work is with children; sustainable income generation, as project funding cycles can fluctuate when multi -year funding comes to the end and risks concerning the loss of key staff.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05739137 (England and Wales)

Registered Charity number

1117288

Registered office

1 St Katherine's Way London E1W 1UN

Trustees

Wayne Bulpitt CBE (Chair)- Resigned 31st August 2024 Ms Rebecca Crook (Chair Designate) - Appointed 1st April 2024 Mr James Crozier Dr Martin Edobor -Resigned 3rd August 2025 Ms Fahan Ibrahim-Hashi Ms Patricia Kane OBE- Resigned 21st May 2025 Mr Daniel Lawes Ms Margaret Manning - Appointed 1st April 2024 Mr Mark McLane Ms Elizabeth Milovidov- Resigned 27th June 2025 Mrs Lindsay Sartori - Vice Chair

Chief Executive

Dr Tessy Ojo CBE

Senior Leadership Team

Dr Tessy Ojo CBE, Chief Executive Officer. Mr Alex Holmes, Deputy CEO Ms Michelle Horne , Director of Operations -Appointed April 2024 Ms Rachel Stokes, Director of Programmes- Resigned August 2024 Mr Nigel Vardell, Director of Fundraising, Marketing and Communications (Resigned January 2025) Ms Camilla Elwood , Director of Programmes & Partnership - Appointed September 2024

Page 7

Diana Award

Report of the Trustees for the Year Ended 31 March 2025

REFERENCE AND ADMINISTRATIVE DETAILS Company Secretary

Tessy Ojo

Auditors

Roy Pinnock & Co LLP Statutory Auditors Wren House 68 London Road St Albans Hertfordshire AL1 1NG

Solicitors

Bates, Wells and Braithwaite LLP 10 Queen Street Place London EC4R 1BE

Bankers

NatWest Hammersmith Branch 22 King's Mall Hammersmith London W6 0QD

Diana Award is registered as a charity in England & Wales . Registered Charity Number 1117288.

Diana Award is registered as a charity with the Office of the Scottish Charity Regulator (OSCR) Registered Charity Number: SC041916

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Diana Award for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 8

Diana Award

Report of the Trustees for the Year Ended 31 March 2025

STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued

In so far as the trustees are aware:

The trustees have complied with their duty in Section 4 of 2006 Charities Act to have due regard to guidance published by the Charity Commission , including public benefit guidance.

AUDITORS

The auditors, Roy Pinnock & Co LLP, will be proposed for re-appointment at the forthcoming trustee meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 24 October 2025 and signed on its behalf by:

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Rebecca Crook - Trustee

Page 9

Report of the Independent Auditors to the Members of Diana Award

Opinion

We have audited the financial statements of Diana Award (the 'charitable company') for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Page 10

Report of the Independent Auditors to the Members of Diana Award

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 11

Report of the Independent Auditors to the Members of Diana Award

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

We identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the business sector; We focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection, child protection, anti-bribery, employment, and health and safety legislation;

We assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

Identified laws and regulations were communicated within the audit team regularly and the team remained alert to look for instances of non-compliance throughout the audit.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

Performed analytical procedures to identify any unusual or unexpected relationships; Tested journal entries to identify unusual transactions;

Assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and

Investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

agreeing financial statement disclosures to underlying supporting documentation; reading the minutes of meetings of those charged with governance;

enquiring of management as to actual and potential litigation and claims; and

reviewing correspondence with HMRC, relevant regulators including the Health and Safety Executive, and the company's legal advisors.

Page 12

Report of the Independent Auditors to the Members of Diana Award

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Natalie Coleman FCCA (Senior Statutory Auditor) for and on behalf of Roy Pinnock & Co LLP Statutory Auditors Wren House 68 London Road St Albans Hertfordshire AL1 1NG

Date: .............................................

Page 13

Diana Award

Statement of Financial Activities

(Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2025

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
5
Anti-Bullying Campaign
Other trading activities
3
Investment income
4
Total
EXPENDITURE ON
Raising funds
6
Charitable activities
7
Delivering the Activities of Diana Awards
Anti-Bullying Campaign
Training and Mentoring Campaign
Social Action
Impact & Influence
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
18
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
97,384
5,275
22,646
11,918
137,223
-
3,658
2,722
-
379
-
6,759
130,464
(22,916)
107,548
254,447
361,995		 Restricted
funds
£
1,829,935
-
72,000
-
1,901,935
123,503
-
1,221,959
641,743
128,273
144,223
2,259,701
(357,766)
22,916
(334,850)
643,504
308,654		 31.3.25
Total
funds
£
1,927,319
5,275
94,646
11,918
2,039,158
123,503
3,658
1,224,681
641,743
128,652
144,223
2,266,460
(227,302)
-
(227,302)
897,951
670,649		 31.3.24
Total
funds
£
2,105,385
298,000
276,590
15,082
2,695,057
130,689
32,477
1,336,353
650,507
405,779
154,604
2,710,409
(15,352)
-
(15,352)
913,303
897,951

The notes form part of these financial statements

Page 14

Diana Award

Balance Sheet 31 March 2025

31.3.25 31.3.24
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 14 1,476 - 1,476 3,255
CURRENT ASSETS
Debtors 15 96,122 10,127 106,249 291,027
Cash at bank 349,103 466,846 815,949 907,616
445,225 476,973 922,198 1,198,643
CREDITORS
Amounts falling due within one year 16 (84,702) (168,323) (253,025) (303,947)
NET CURRENT ASSETS 360,523 308,650 669,173 894,696
TOTAL ASSETS LESS CURRENT
LIABILITIES 361,999 308,650 670,649 897,951
NET ASSETS 361,999 308,650 670,649 897,951
FUNDS 18
Unrestricted funds 361,999 254,447
Restricted funds 308,650 643,504
TOTAL FUNDS 670,649 897,951

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 24 October 2025 and were signed on its behalf by:

GE

Rebecca Crook - Trustee

The notes form part of these financial statements

Page 15

Diana Award

Cash Flow Statement

for the Year Ended 31 March 2025

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash used in operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash provided by investing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period		 31.3.25
£
(102,923)
(16)
(102,939)
(646)
11,918
11,272
(91,667)
907,616
815,949		 31.3.24
£
(674,792)
-
(674,792)
(3,137)
15,082
11,945
(662,847)
1,570,463
907,616

The notes form part of these financial statements

Page 16

Diana Award

Notes to the Cash Flow Statement

for the Year Ended 31 March 2025

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES
31.3.25 31.3.24
£ £
Net expenditure for the reporting period (as per the Statement of
Financial Activities) (227,302) (15,352)
Adjustments for:
Depreciation charges 2,425 6,250
Interest received (11,918) (15,082)
Interest paid 16 -
Decrease/(increase) in debtors 184,778 (150,842)
Decrease in creditors (50,922) (499,766)
Net cash used in operations (102,923) (674,792)
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.24 Cash flow At 31.3.25
£ £ £
Net cash
Cash at bank and in hand 907,616 (91,667) 815,949
907,616 (91,667) 815,949
Total 907,616 (91,667) 815,949

The notes form part of these financial statements

Page 17

Diana Award

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 charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared on a going concern basis. Indications from the charities forecasts & budgets show that this would be the most appropriate method.There are no significant uncertainties that exist that would make this not appropriate.

The financial statements give a true and fair view of the charity's financial position, financial performance and cash flows. The charity SORP (FRS 102) has been applied to give a true & fair view.

Critical accounting and judgements

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results There are not considered to be any key assumptions concerning the future and key sources of estimation of uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year .

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 once performance conditions have been met and the amount can be measured reliably.

This method is applied to each category of income.

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:

Grants - are recognised when the Charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Donations- are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount

Sponsorships - are recognised once the Charity has become entitled to the funds and the conditions have been met.

Training & Merchandise - are accounted for the period the transaction took place.

Legacies - are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected.

Investment Income - Interest on the bank accounts is recongnised in the profit & loss when it is earned.

Page 18

continued...

Diana Award

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

1. ACCOUNTING POLICIES - continued

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.

Raising funds

This includes the costs associated with attracting voluntary income and the costs of items sold for fundraising purposes.

Governance costs

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees.

Allocation and apportionment of costs

Costs are allocated directly to the project to which they relate. Where the costs incurred relate to more than one project, then the costs are apportioned on a basis consistent with the resource. If staff are involved on a number of different projects then the cost is apportioned according to time spent on each project.

Tangible fixed assets

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

Fixtures and fittings - 20% on cost Computer equipment - 33% on cost

These are held at cost less accumulated depreciation and impairment charges. The cost of minor additions or those below £150 are not capitalised. The assets purchased in the year were funded out of charitable funds and had no significant impact on the companies cash flow.

Taxation

The charity is exempt from corporation 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.

Page 19

continued...

Diana Award

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

1. ACCOUNTING POLICIES - continued

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Pension costs and other post-retirement benefits

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

Donated services

During the year a number of volunteers gave up their time to help the charity with activities. It is not considered that any reliable value can be placed on the monetary value of the volunteers, for this reason no value has been reflected in the accounts.Legitimate out of pocket expenses have been paid.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Operating Leases

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight-line basis over the period of the lease.

2.

DONATIONS AND LEGACIES

Donations
Legacies
Grants
Grants received, included in the above, are as follows:
For the provision of services to young people as part of the charitable
activities		 31.3.25
£
147,731
7,250
1,772,338
1,927,319
31.3.25
£
1,772,338		 31.3.24
£
164,224
-
1,941,161
2,105,385
31.3.24
£
1,941,161

Page 20

continued...

Diana Award

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

3. OTHER TRADING ACTIVITIES OTHER TRADING ACTIVITIES
31.3.25 31.3.24
£ £
Sales- Lapel Pins & Wristbands 9,907 277
Sponsorships 83,867 274,750
Fundraising Income 872 1,563
94,646 276,590
4. INVESTMENT INCOME
31.3.25 31.3.24
£ £
Deposit account interest 11,918 15,082
5. INCOME FROM CHARITABLE ACTIVITIES
31.3.25 31.3.24
Activity £ £
Training Anti-Bullying Campaign 5,275 -
Grants Anti-Bullying Campaign - 298,000
5,275 298,000
The charity received a government grant from the Department of Education during the year for £nil
(2024:£298,000).
There are no unfulfilled conditions in relation to these grants.
No other forms of government assistance have been received during the year.

Grants received, included in the above, are as follows:

Grants received, included in the above, are as follows:
31.3.25 31.3.24
£ £
For the provision of services to young people as part of the charitable
activities - 298,000

Page 21

continued...

Diana Award

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

6. RAISING FUNDS

Raising donations and legacies

Raising donations and legacies
31.3.25 31.3.24
£ £
Staff costs 123,503 130,689
7.
CHARITABLE ACTIVITIES COSTS
Delivering the Activities of Diana
Awards
Anti-Bullying Campaign
Training and Mentoring Campaign
Social Action
Impact & Influence
8.
GRANTS PAYABLE
Delivering the Activities of Diana Awards
Training and Mentoring Campaign
9.
SUPPORT COSTS
Delivering the Activities of Diana Awards
Anti-Bullying Campaign
Training and Mentoring Campaign
Social Action
Impact & Influence		 Direct
Costs
£
13,542
1,048,192
534,392
145,047
109,683
1,850,856
Management
£
(25,930)
129,156
98,921
(16,635)
34,540
220,052		 Grant
funding of
activities
(see note
8)
£
-
-
1,056
-
-
1,056
Finance
£
5,600
47,333
7,374
240
-
60,547		 Support
costs (see
note 9)
£
(9,884)
176,489
106,295
(16,395)
34,540
291,045
31.3.25
£
-
1,056
1,056
Governance
costs
£
10,446
-
-
-
-
10,446		 Totals
£
3,658
1,224,681
641,743
128,652
144,223
2,142,957
31.3.24
£
19
615
634
Totals
£
(9,884)
176,489
106,295
(16,395)
34,540
291,045

Page 22

continued...

Diana Award

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

10. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.25 31.3.24
£ £
Auditors' remuneration 8,350 8,920
Other non-audit services 2,096 2,334
Depreciation - owned assets 2,425 6,250
Other operating leases 71,333 70,833

11. TRUSTEES' REMUNERATION AND BENEFITS

During the year the trustees received no remuneration or benefits ( 2024: nil)

During the year Key Management received remuneration of £87,577 (2024: £85,828)

Trustees' expenses

The amount of expenses paid to trustees of £86 ( 2024: £111). This related to travel expenses paid to 1 trustee.

Company Limited by Guarantee

Diana Award is a charitable company registered in England and Wales Number 0573913, and is a private company limited by guarantee.

Every member of the company undertakes to contribute to the assets of the company in the event of a winding up, such an amount as may be required not exceeding £1.

12. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 31.3.25
£
1,554,647
152,813
65,402
1,772,862		 31.3.24
£
1,625,497
158,066
78,234
1,861,797

The average monthly number of employees during the year was as follows:

Management
Delivering the Award & Projects
Administration		 31.3.25
4
36
2
42		 31.3.24
4
39
6
49

Page 23

continued...

Diana Award

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

12. STAFF COSTS - continued

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

£70,001 - £80,000
£80,001 - £90,000
13.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
55,504
Charitable activities
Anti-Bullying Campaign
-
Other trading activities
1,408
Investment income
15,082
Total
71,994
EXPENDITURE ON
Raising funds
18,447
Charitable activities
Delivering the Activities of Diana Awards
32,477
Anti-Bullying Campaign
165
Training and Mentoring Campaign
-
Social Action
-
Impact & Influence
-
Total
51,089
NET INCOME/(EXPENDITURE)
20,905
RECONCILIATION OF FUNDS
Total funds brought forward
233,542
TOTAL FUNDS CARRIED FORWARD
254,447		 31.3.25
-
1
1
Restricted
funds
£
2,049,881
298,000
275,182
-
2,623,063
112,242
-
1,336,188
650,507
405,779
154,604
2,659,320
(36,257)
679,761
643,504		 31.3.24
1
-
1
Total
funds
£
2,105,385
298,000
276,590
15,082
2,695,057
130,689
32,477
1,336,353
650,507
405,779
154,604
2,710,409
(15,352)
913,303
897,951

Page 24

continued...

Diana Award

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

14.
TANGIBLE FIXED ASSETS
COST
At 1 April 2024
Additions
Disposals
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
Eliminated on disposal
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
15.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Debtors
Other debtors
VAT
Prepayments & Accrued Income		 Fixtures
and
fittings
£
4,430
-
(4,430)
-
4,430
-
(4,430)
-
-
-		 Computer
equipment
£
36,668
646
-
37,314
33,413
2,425
-
35,838
1,476
3,255
31.3.25
£
9,923
700
61,157
34,469
106,249		 Totals
£
41,098
646
(4,430)
37,314
37,843
2,425
(4,430)
35,838
1,476
3,255
31.3.24
£
276,572
1,400
-
13,055
291,027

Page 25

continued...

Diana Award

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Creditors
Social security and other taxes
VAT
Other creditors
Accruals & Deferred Income		 31.3.25
£
26,189
30,258
-
28,156
168,422
253,025		 31.3.24
£
90,154
37,890
6,348
36,710
132,845
303,947

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:

The amount of deferred income carried forward at 31st March 2025 is £158,967 (2024 : £120,000). The amount of deferred income released from the previous year was £120,000 (2024: £664,724)

17. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25 31.3.24
£ £
Within one year 51,606 47,133

Page 26

continued...

Diana Award

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

18. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Social Action General Fund
Training & Mentoring
Antibully Ambassadors
Social Action
Lego ABA
Nationwide
Salesforce
Change Makers UK Youth
I Will Mentoring (Leeds)
I Will Mentoring (London)
Head & Shoulders
I Will
BA Foundation
Big Lottery
Trutex ABA
Atrum Social Action
Gilead Social Action
Kooth
Service Now
Kokoro
TOTAL FUNDS		 At 1.4.24
£
254,447
91,765
18,912
28,848
733
63,979
-
105,515
4,824
26,577
-
99,989
54,009
10,166
45,062
11,904
81,221
-
-
-
-
643,504
897,951		 Net
movement
in funds
£
130,468
(77,671)
2,178
(28,066)
(578)
(63,792)
(203)
(105,515)
(4,742)
(26,449)
11,937
44,769
(76,722)
8,164
(8,202)
(11,904)
(49,961)
238
13,000
166
15,583
(357,770)
(227,302)		 Transfers
between
funds
£
(22,916)
-
-
-
-
-
203
-
-
-
-
-
22,713
-
-
-
-
-
-
-
-
22,916
-		 At
31.3.25
£
361,999
14,094
21,090
782
155
187
-
-
82
128
11,937
144,758
-
18,330
36,860
-
31,260
238
13,000
166
15,583
308,650
670,649

Page 27

continued...

Diana Award

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

18. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Social Action General Fund
Training & Mentoring
Antibully Ambassadors
Social Action
Lego ABA
Nationwide
Salesforce
Change Makers UK Youth
I Will Mentoring (Leeds)
I Will Mentoring (London)
YFF
Head & Shoulders
I Will
BA Foundation
Big Lottery
Trutex ABA
Atrum Social Action
Gilead Social Action
Kooth
Service Now
Workday Foundataion ABA
Jack Petchy
Kokoro
TOTAL FUNDS		 Incoming
resources
£
137,223
176
7,000
3,046
1
119,999
790,157
1
55,145
305,432
114,949
20,000
115,001
55,982
47,541
128,901
-
-
-
15,000
50,001
18,483
5,120
50,000
1,901,935
2,039,158		 Resources
expended
£
(6,755)
(77,847)
(4,822)
(31,112)
(579)
(183,791)
(790,360)
(105,516)
(59,887)
(331,881)
(103,012)
(20,000)
(70,232)
(132,704)
(39,377)
(137,103)
(11,904)
(49,961)
238
(2,000)
(49,835)
(18,483)
(5,120)
(34,417)
(2,259,705)
(2,266,460)		 Movement
in funds
£
130,468
(77,671)
2,178
(28,066)
(578)
(63,792)
(203)
(105,515)
(4,742)
(26,449)
11,937
-
44,769
(76,722)
8,164
(8,202)
(11,904)
(49,961)
238
13,000
166
-
-
15,583
(357,770)
(227,302)

Page 28

continued...

Diana Award

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

18. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Social Action General Fund
Training & Mentoring
Antibullying Ambassadors DFE
Facebook
Antibully Ambassadors
Social Action
Lego ABA
Nationwide
Salesforce
Change Makers UK Youth
I Will Mentoring (Leeds)
Head & Shoulders
I Will
BA Foundation
Big Lottery
Trutex ABA
I Will Mentoring
Atrum Social Action
TOTAL FUNDS		 At 1.4.23
£
233,542
58,970
12,463
1
91,111
34,890
-
-
105,106
202,086
5,110
15,754
43,236
32,924
6,333
71,777
-
-
-
679,761
913,303		 Net
movement
in funds
£
20,905
32,795
6,450
(1)
(91,111)
(6,045)
732
63,979
(105,106)
(96,569)
(286)
(15,754)
56,753
21,085
3,834
(26,715)
11,904
26,577
81,221
(36,257)
(15,352)		 At
31.3.24
£
254,447
91,765
18,913
-
-
28,845
732
63,979
-
105,517
4,824
-
99,989
54,009
10,167
45,062
11,904
26,577
81,221
643,504
897,951

Page 29

continued...

Diana Award

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

18. MOVEMENT IN FUNDS - continued

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

Unrestricted funds
General fund
Restricted funds
Social Action General Fund
Training & Mentoring
Antibullying Ambassadors DFE
Facebook
Antibully Ambassadors
Social Action
Lego ABA
Nationwide
Salesforce
Change Makers UK Youth
Spirit
I Will Mentoring (Leeds)
Head & Shoulders
I Will
BA Foundation
Big Lottery
Trutex ABA
I Will Mentoring
Atrum Social Action
Gilead Social Action
TOTAL FUNDS		 Incoming
resources
£
71,994
121,860
7,000
297,999
-
21,828
5,000
150,000
345,001
169,726
85,494
115,634
450
115,001
344,500
47,501
127,889
12,750
305,431
100,000
249,999
2,623,063
2,695,057		 Resources
expended
£
(51,089)
(89,065)
(550)
(298,000)
(91,111)
(27,873)
(4,268)
(86,021)
(450,107)
(266,295)
(85,780)
(115,634)
(16,204)
(58,248)
(323,415)
(43,667)
(154,604)
(846)
(278,854)
(18,779)
(249,999)
(2,659,320)
(2,710,409)		 Movement
in funds
£
20,905
32,795
6,450
(1)
(91,111)
(6,045)
732
63,979
(105,106)
(96,569)
(286)
-
(15,754)
56,753
21,085
3,834
(26,715)
11,904
26,577
81,221
-
(36,257)
(15,352)

Page 30

continued...

Diana Award

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

18. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Social Action General Fund
Training & Mentoring
Antibullying Ambassadors DFE
Facebook
Antibully Ambassadors
Social Action
Lego ABA
Nationwide
Salesforce
Change Makers UK Youth
I Will Mentoring (Leeds)
I Will Mentoring (London)
Head & Shoulders
I Will
BA Foundation
Big Lottery
I Will Mentoring
Atrum Social Action
Gilead Social Action
Kooth
Service Now
Kokoro
TOTAL FUNDS		 At 1.4.23
£
233,542
58,970
12,463
1
91,111
34,890
-
-
105,106
202,086
5,110
15,754
-
43,236
32,924
6,333
71,777
-
-
-
-
-
-
679,761
913,303		 Net
movement
in funds
£
151,373
(44,876)
8,628
(1)
(91,111)
(34,111)
154
187
(105,309)
(202,084)
(5,028)
(42,203)
11,937
101,522
(55,637)
11,998
(34,917)
26,577
31,260
238
13,000
166
15,583
(394,027)
(242,654)		 Transfers
between
funds
£
(22,916)
-
-
-
-
-
-
-
203
-
-
-
-
-
22,713
-
-
-
-
-
-
-
-
22,916
-		 At
31.3.25
£
361,999
14,094
21,091
-
-
779
154
187
-
2
82
(26,449)
11,937
144,758
-
18,331
36,860
26,577
31,260
238
13,000
166
15,583
308,650
670,649

Page 31

continued...

Diana Award

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

18. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Social Action General Fund
Training & Mentoring
Antibullying Ambassadors DFE
Facebook
Antibully Ambassadors
Social Action
Lego ABA
Nationwide
Salesforce
Change Makers UK Youth
Spirit
I Will Mentoring (Leeds)
I Will Mentoring (London)
YFF
Head & Shoulders
I Will
BA Foundation
Big Lottery
Trutex ABA
I Will Mentoring
Atrum Social Action
Gilead Social Action
Kooth
Service Now
Workday Foundataion ABA
Jack Petchy
Kokoro
TOTAL FUNDS		 Incoming
resources
£
209,217
122,036
14,000
297,999
-
24,874
5,001
269,999
1,135,158
169,727
140,639
115,634
305,882
114,949
20,000
230,002
400,482
95,042
256,790
12,750
305,431
100,000
249,999
15,000
50,001
18,483
5,120
50,000
4,524,998
4,734,215		 Resources
expended
£
(57,844)
(166,912)
(5,372)
(298,000)
(91,111)
(58,985)
(4,847)
(269,812)
(1,240,467)
(371,811)
(145,667)
(115,634)
(348,085)
(103,012)
(20,000)
(128,480)
(456,119)
(83,044)
(291,707)
(12,750)
(278,854)
(68,740)
(249,761)
(2,000)
(49,835)
(18,483)
(5,120)
(34,417)
(4,919,025)
(4,976,869)		 Movement
in funds
£
151,373
(44,876)
8,628
(1)
(91,111)
(34,111)
154
187
(105,309)
(202,084)
(5,028)
-
(42,203)
11,937
-
101,522
(55,637)
11,998
(34,917)
-
26,577
31,260
238
13,000
166
-
-
15,583
(394,027)
(242,654)

Transfers between funds

Where the general fund has part funded a project a transfer has been made to reflect this.

Page 32

continued...

Diana Award

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

19. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

20. RESTRICTED FUNDS

As at 31 March 2025 the balance on each restricted fund was:

Represented
Balance by:
Bank Debtors Creditors
& &
Accrued Deferred
Income Income
£ £ £ £
Training & Mentoring Programme 21,091 21,091 0 0
Supporting
the
Mentoring
Programme		 to
build the resilience and character of young
people by providing guidance in decision
making, active citizenship, life and career
skills.
ABA Campaign 779 779 0 0
provides training for young people, staff and
parents to tackle bullying, and to enable
young people to reduce the incidence of
bullying
in
their
schools,
and
in
 their
communities, and online
Nationwide 0 100,055 -100,055
To support Anti-Bullying Ambassadors
Head & Shoulders 144,758 144,451 307 -0
An Antibullying campaign which promotes
inclusion and respect in schools
# I WILL 0 59,755 0 -59,755
Tackles Anti-racist and Sexual bullying in
Primary schools across England
# I WILL Mentoring 129 129 0 0
Supporting
the
Mentoring
Programme		 to
help young people (pre-NEET) build and
develop
their career skills while creating
positive change in their community through
youth-led social action
Trutex 0 0 0 0

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Diana Award

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

20. RESTRICTED FUNDS - continued

Trutex is a uniform clothing supplier who Trutex is a uniform clothing supplier who
have
been
a long-standing
supporter		 of
TDA's
anti-bullying
work.
Their
funding
supports
the
Anti-Bullying
Ambassador
Programme to train young people in schools
Salesforce 0 0 0 0
Supporting
the
Mentoring
Programme		 to
build the resilience and character of young
people by providing guidance in decision
making, active citizenship, life and career
skills
Big Lottery 36,860 37,317 0 -457
Future
Forward
Partnership
with
Young
People - A Young Advisor's Programme
BA Foundation 18,333 18,333 0 0
Supporting
the Awards and Development
Programme for Diana Award Recipients
Avast 14,093 14,093 0 0
Supporting the development of The Centre
for Social Action
Changemakers - UK Youth 82 82 0 0
Reimagining
mental
health
provision
 for
racialised communities
Lego 187 187 0 0
Supporting
The Antibullying
Ambassadors
Programme
Atrum Social Action 31,260 21,440 9,820 0
Supporting The Legacy Award which place
every two years, this unique accolade
celebrates the achievements of the 20 most
outstanding Diana Award Recipients from
the previous two years. Recipients are
supported with mini grants to continue their
social action work.
Social Action Award & Development 155 155 0 0
Supporting the Diana Award ceremony that
celebrates and showcases the Diana Award
recipients each year.
Social Action Gilead 238 238 0 0

Page 34

continued...

Diana Award

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

20. RESTRICTED FUNDS - continued

Supporting various aspects of the Diana
Award and the Legacy Award including the
delivery of the year-long Development
Programme for recipients that empowers
them to take the next steps in their social
action journey by gaining access to
peer-to-peer connection, networking, access
to opportunities and training
Mentoring -YFF 0 7,500 0 -7,500
Funding to research and produce a report
with partners on the "Best practices in UK
youth mentoring intervention support"
iWill London 11,937 12,477 0 -540
Supporting the Mentoring Programme to
help young people in London (pre-NEET)
build and develop their career skills while
creating positive change in their community
through youth-led social action
ABA Workday Foundations 0 0 0 0
Supporting the work of the Anti-Bullying
Programme which provides training for
young people and staff to tackle bullying,
and to enable young people to reduce the
incidence of bullying in their schools, and in
their communities, and online
Jack Petchy 0 0 0 0
Support for a specific role in the Impact &
Evaluation team.
Kooth 13,000 13,000 0 0
Explore partnership around promoting
effective provision around young people's
mental health
Service Now 166 182 0 -16
Support for promotion of The Diana Awards
"Decade of Youth Wellbeing" at the UNG
General Assembly week
Kokoro Change 15,583 15,583 0 0
Supporting the Young Changemakers
programme which focuses on reimagining
mental health provision for racialised
communities

Page 35

continued...

Diana Award

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

20. RESTRICTED FUNDS - continued

Total

£308,651

The deferred income is not included in the fund balance above.

21. COMPANY STATUS

Diana Award is a charitable company registered in England and Wales Number 0573913, and is a private company limited by guarantee. The registered office of the company is 33 Queen Street, London EC4R 1AP.

Every member of the company undertakes to contribute to the assets of the company in the event of a winding up, such an amount as may be required not exceeding £1.

Page 36

Diana Award

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Legacies
Grants
Other trading activities
Sales- Lapel Pins & Wristbands
Sponsorships
Fundraising Income
Investment income
Deposit account interest
Charitable activities
Training
Grants
Total incoming resources
EXPENDITURE
Raising donations and legacies
Wages
Social security
Pensions
Charitable activities
Wages
Social security
Pensions
Postage and stationery
Trophies & Award Certificates
Merchandise
Venue Hire
Event Costs
Carried forward		 Detailed Statement of Financial Activities
for the Year Ended 31 March 2025		 31.3.25
£
147,731
7,250
1,772,338
1,927,319
9,907
83,867
872
94,646
11,918
5,275
-
5,275
2,039,158
106,276
11,549
5,678
123,503
1,420,223
126,367
52,412
1,254
-
9,129
1,241
17,594
1,628,220		 31.3.24
£
164,224
-
1,941,161
2,105,385
277
274,750
1,563
276,590
15,082
-
298,000
298,000
2,695,057
112,242
12,477
5,970
130,689
1,400,414
132,465
65,430
1,070
4,038
2,519
14,050
185,943
1,805,929

This page does not form part of the statutory financial statements

Page 37

Diana Award

Detailed Statement of Financial Activities

for the Year Ended 31 March 2025

Charitable activities
Brought forward
Travel & Subsistence
Subscriptions
Youth Participation
Consultants
Evaluation
DBS Checks
Photography and Videography
Design & Print
PR & Marketing
Computer & Software Consumable
Grants to individuals
Support costs
Management
Wages
Social security
Pensions
Rent, Rates & Licenses
Design & Print
Insurance
Telephone
Postage and stationery
Sundries
Travelling
Comp & Website Fees
Corporate Events
Training
Professional Fees
Recruitment Costs
Training & Recruitment of board members
Computer equipment
Finance
Bank charges
Bad Debts
Finance Fees
Other interest
Governance costs
Auditors' remuneration
Carried forward		 31.3.25
£
1,628,220
32,948
9,279
25,993
45,234
24,863
2,110
7,775
16,015
27,856
30,563
1,056
1,851,912
28,148
14,897
7,312
71,333
48
5,634
2,668
2,816
1,181
2,189
44,591
3,153
10,794
14,718
7,464
681
2,425
220,052
3,202
-
57,329
16
60,547
8,350
8,350		 31.3.24
£
1,805,929
87,094
2,872
25,955
27,788
13,020
3,367
45,539
32,748
51,547
12,825
634
2,109,318
112,841
13,124
6,834
70,833
454
5,152
3,885
5,150
3,608
7,475
79,097
23,517
25,547
16,341
24,246
24
6,250
404,378
2,385
1,167
51,218
-
54,770
8,920
8,920

This page does not form part of the statutory financial statements

Page 38

Diana Award

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

Governance costs
Brought forward
Auditors' remuneration for non audit work
Total resources expended
Net expenditure		 31.3.25
£
8,350
2,096
10,446
2,266,460
(227,302)		 31.3.24
£
8,920
2,334
11,254
2,710,409
(15,352)

This page does not form part of the statutory financial statements

Page 39

Issuer

Issuer Roy Pinnock & Co LLP Document generated Mon, 24th Nov 2025 17:00:28 GMT Document fingerprint 524851ee2ac42616a22e0cb30ba058e3

Parties involved with this document

Document processed Party + Fingerprint Wed, 26th Nov 2025 16:47:34 GMT Mrs Fatou Kane - Signer (9da77348b2bcfc94d219bd14354869eb) Mon, 1st Dec 2025 12:13:11 GMT Miss Rebecca Claire Helena Crook - Signer (057c96a71286c0977a4b6d93b6987e0c) Mon, 1st Dec 2025 12:13:11 GMT Natalie Coleman - Copied In (86be5e14bdeb34d9be0041b66617f013)

Audit history log

Date

Action

Mon, 24th Nov 2025 17:00:28 GMT Mon, 24th Nov 2025 17:00:28 GMT Mon, 24th Nov 2025 17:00:28 GMT Mon, 24th Nov 2025 17:00:28 GMT Mon, 24th Nov 2025 17:00:28 GMT

Mon, 24th Nov 2025 17:00:28 GMT Mon, 24th Nov 2025 17:00:28 GMT

Mon, 24th Nov 2025 17:00:28 GMT Mon, 24th Nov 2025 17:00:28 GMT

Mon, 24th Nov 2025 17:00:43 GMT Mon, 24th Nov 2025 17:00:43 GMT Mon, 24th Nov 2025 17:00:44 GMT Wed, 26th Nov 2025 13:35:45 GMT

Envelope generated with fingerprint 6714b2e496923f45f85172566cbb6c31 (35.176.231.177) Document generated with fingerprint 524851ee2ac42616a22e0cb30ba058e3. (35.176.231.177) Document generated with fingerprint b448b8d5f7a27b0ac12050e7c7c07cc6. (35.176.231.177) Document generated with fingerprint 9de1e1494b8cd531e05f85994619e787. (35.176.231.177) Document generated with fingerprint e10d6f25a6fe130b48215dd464226bd2. (35.176.231.177) Mrs Fatou Kane has been assigned to this envelope. (35.176.231.177) Miss Rebecca Claire Helena Crook has been assigned to this envelope. (35.176.231.177) Natalie Coleman has been assigned to this envelope. (35.176.231.177) Envelope has been set to automatically remind the active signer every 7 day(s). (35.176.231.177) Envelope generated Sent the envelope to Mrs Fatou Kane for signing Document emailed to party email

Sent Mrs Fatou Kane a reminder to sign the document. (18.133.63.166)

Wed, 26th Nov 2025 16:41:10 GMT Wed, 26th Nov 2025 16:47:34 GMT Wed, 26th Nov 2025 16:47:34 GMT

Wed, 26th Nov 2025 16:47:35 GMT Thu, 27th Nov 2025 12:51:04 GMT

Mon, 1st Dec 2025 12:11:10 GMT Mon, 1st Dec 2025 12:13:11 GMT Mon, 1st Dec 2025 12:13:11 GMT Mon, 1st Dec 2025 12:13:11 GMT Mon, 1st Dec 2025 12:13:12 GMT

Mrs Fatou Kane viewed the envelope (109.153.221.122) Mrs Fatou Kane signed the envelope (109.153.221.122) Sent the envelope to Miss Rebecca Claire Helena Crook for signing (109.153.221.122)

Document emailed to party email

Sent Miss Rebecca Claire Helena Crook a reminder to sign the document. (18.133.63.166)

Miss Rebecca Claire Helena Crook viewed the envelope (82.9.36.171) Miss Rebecca Claire Helena Crook signed the envelope (82.9.36.171) Sent the envelope to Natalie Coleman for signing (82.9.36.171) This envelope has been signed by all parties (82.9.36.171) Document emailed to party email