**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: - Challenges to Mental Health and Wellbeing: Young people today struggle with mental health issues exacerbated by systemic inequalities and a lack of supportive environments. -Social and Economic Barriers: Financial insecurity and limited access to resources prevent young people from pursuing their goals and achieving social mobility. - Not Being Listened To: Young people often feel unheard and misunderstood by those in power, leading to a loss of agency and influence over decisions that affect their lives. 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: - **1,918 young people** benefited from our **online work experience** programme, gaining valuable exposure to the world of work with support from **35 volunteer mentors** . - **316 young people** participated in our **12-week mentoring programme** in London and Leeds, supported by **139 mentors** , who contributed over **2,400 hours of engagement** to help mentees build confidence and develop career aspirations. -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. - The **Legacy Award** supported **20 global social activists and humanitarian leaders** , providing ongoing coaching, mentorship and engagement with influential guest speakers. Page 3 **Diana Award** ## **Report of the Trustees for the Year Ended 31 March 2025** ## **OBJECTIVES AND ACTIVITIES** - **198 young changemakers** from **44 countries across six continents** were formally recognised through **The Diana Award** , joining a global network of young people driving meaningful change in their communities. - **84 volunteer judges** contributed their expertise to the selection process, upholding our founding belief that young people should b e recognised, valued and celebrated for their positive impact on society. ## **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: - Mr Alex Holmes, Deputy CEO. Alex, a Queens Young Leaders Awardee, has worked closely with the CEO over the past 10 years leading the successful Antibullying Programme. Before joining the organisation, Alex worked in the Education system for 5 years. He currently sits on several global safety advisory boards and councils for technology and social media companies. -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). - Dr Nigel Varndell, Director of Fundraising, Marketing and Communications (Resigned January 2025). Nigel has almost 30 years-experience in the charity sector and 20 years of leading teams. For over eight years he has been in senior leadership teams in three organisations leading their fundraising, marketing and communications functions. As well as extensive experience in fundraising across the full range of fundraising disciplines he has also worked on mass campaigning and parliamentary lobbying with a focus on the House of Lords. - Ms Camilla Elwood joined us in September 2024 as our Director of Programmes & Partnerships. Camilla has worked in the charity sector for the last 10 years, and joins us from the foundation, Impetus, where she provided direct capacity building support to charity CEOs in the youth sector. Her specialisms lie in designing impactful programmes for disadvantaged young people in the UK, with a focus on strengthening monitoring and evaluation frameworks in order to ensure charities are operating with impact. As well as working with youth charity CEOs and leadership teams, she has significant experience in the grant making and social investment process. 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 - 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 charitable company 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 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: - there is no relevant audit information of which the charitable company's auditors are unaware; and - the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. 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: **----- Start of picture text -----**
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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). - In our opinion the financial statements: - give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006. ## **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: - the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and - the Report of the Trustees has been prepared in accordance with applicable legal requirements. 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: - adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of trustees' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit; or - the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees. ## **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: - The donor specifies that the grant or donation must only be used in future accounting periods; or - The donor has imposed conditions which must be met before the Charity has unconditional entitlement. 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 donor specifies that the grant or donation must only be used in future accounting periods; or - The donor has imposed conditions which must be met before the Charity has unconditional entitlement. 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| Page 33 continued... **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