TRANSFORM WORK ANNUAL DIRECTORS, REPORT Year ended . 31st January 2024 Re8lStered office: 8 Marshalsea Road, London, SEI IHL Contents Page Legal and administrative information Report of the directors 3-14 Financial statements 15-19 Independent examinerfs port Registered chlty No. 1120058 Company 6203863 'Iiiiiii •AD5AKGJ6* 2210612024 COMPANIES HOUSE A13
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transforniwork Transforni Work Legal and Administratlve Information Dirertors during the period: ' Mr Julian Shellard (Chair) Ms Ofonimeh Abudu Mr Stephen Matthews Mr Malcolm Shaw Mr Stephen Doel (appointed 15 November 2023) Registered office: 8 Marshalsea Road London SEI IHL Independent Examiner: Mrs C M Cowgill ACA 4 Penny Meadow Capel St Mary Ipswich IP9 2UU Bankers: Metro Bank PLC I Southampton Row London WCIB SHA Charity number: Company number: 1120053 6203863 TTrnOrm WorK 8 Marthalsea Road, London, SEI IHL. Regbstered Charity No. 1121)053 . Company No. 620386
transforniwork Annual Report 1st February 2023- 31" January 2024 We Give Thanks Every year our small yet passionate, faith-filled. dedicated team - mostly of volunteers- goes over and above to connect, SUPPOrt and equip Christians to empower them to transform their workplaces in Jesus, narne. And this year has been the fullest yet with even greater groblrth and impact. We have felt stretched and yet at the same time have experienced the Lord's favour. So right at the start of thi5 Annual Report. we want to stop and give thanks to JESUS. Our Mission We connect, equip and support Christians to transform the places they work in. so they can openly express their faith in word and action. We do this through a team of Ambassadors who connect with and help develop Christian Workplace Groups (CWGS) across the public sector and many industries in the private sector throughout the UK. We also support and connect Christian Professional and Sector Groups ICPSGS) who represent a host of professions such as finance, transport and government. We have a team of Associates with specialist skills who can offer specific expertise to Christians at work. Although we currently operate mainly within England, we are growing in Wales and Scotland and we have an increasin8 numbec of international connections with similar groups. Strategic Direction 2021-2025 The initial stages of our 5 year strategy are building a strong foundation based on updated governance, stabilised finances, a comprehensive marketing rebrand and integrating regular prayer into all our activities. Our commitment to Diversity, Equality and Inclusion has developed strongly into a joint initiative with other international partners, and has included engagement with an All-Party Parliamentary Group. We are now going for growth, seeking to significantly increase the number of CWGS and deepen the support we give to them.
transforniwork We aimto= grow the Ambassador team and deepen both their maturity and capability extend our reach across the British Isles, with an initial focus on Scotland • partner with other international missions to develop in other countries develop our relationships with churches, encouraging them to acknowledge the importance of workplace missional discbpleship. To achieve this, we need to increase our financial support both from regulargivers and other sources including trusts and Christian businesses. Christian Workplace Groups We are now supporting 476 groups and 92 individuals seeking to start newgroups. This year, we have helped to start 24 new groups. It remains more challenging for Ambassadors to keep in touch with groups as many now meet virtually in a hybrid working environment. The groups are at different stages of development depending on how well established they are in their organisation. This ranges from Level I where we know of only one indbvidual Christian within an organisation through to Level 6 where the group is well established and highly regarded by the organisation. At the end of this year the number of 8roups at different stages of development was as follows: o Level I: individual (92 individuals) o Level 2: initial contact152 groups) o Level 3.. early forniation (135 groups) o Level 4: organisational acceptance1152 groups o Level 5: formal integration {67 groups) o Level 6: organisational celebration170 groups) Two groups have closed. We assess the'health. of our groups according to a number of criteria- for example. whether thev are meeting regularty, looking outwards as a group, developing new leaders. Of those we have assessed, 104 groups are 'flourishing', 177 are 'improv•ng', 66 are 'strugglin< and 75 are 'failin¢. This anatysis helps us to know which groups need more help and where we need to focus our support. Christian Professional and Sector Groups We are now supporting 58 Christian Professional and Sector Groups (CPSGS). and helped to form 5 new CPSGS this year whilst adding two established Healthcare groups: Healthcare Christian Fellowship (Great Britain + Ireland) Healthcare Christians Fellowship Switzerland - Chretiens Au servi de la Santé Christian Rail Finance and Insurance Christian Network Trnnkn 8 Markn Road. London, SEI IHL • Cl*rity No. 112(K153 • Company No. 620386 Email.. office@tranthmwffjTk.r¢et .
transforniwork Christians In Security Christians in Health and safety Christians in Events. We assess the 'health' of these groups also according to a number of criteria - for example. whether they are meeting the needs of their members. are outwardly focused, engaging with their professional body, reaching out to new members, student5 and graduates and developing new leaders. Of those we have assessed, 21 groups are 'flourishin¢. 17 are 'improvin¢. 12 are 'strugglin8' and 8 are 'failinl. Again, this analysis helps us to know which groups need more help and where we need to focus our support. Other developments: The CPSG web51te portal christian- rofes5ionals.ne continues to develop and grow A core team has emerged who join in the weekly Tuesday lunchtime 30 minutes, prayer calls A WhatsApp group continues to be a stfength of encouragement and communication to the CPSG leadership In February we organised a retreat for CPSG leaders at Ffald-y-8renin. 16 people attended from 9 sertors In March we held our first hybrid annual CPSG leaders, meeting in london. This was well attended with keynote speakers Dr Jonathan Oloyede. National Day of Prayer and w0h1P. and Anne de leyser, Director of Ffald-y-8renin and local Houses of Prayer. We have jointly produced a postcard. designed by LICC, to distrbbute through the CPSGS. student ministries and local churche5 to encoura8e Christians to join their relevant CPSG. We are encouraging the CPSG5 to 5haTe their resources for maximum impact, collaborating at key Church events, Christian media and other online activities. Please join us in praying for an Ambassador for the CPSGS to facilitate and coordinate their activities during 2024. Christian Workplace Ministries Christian Workplace Mlnlstries ICWM) include chaplalns to the workplace, business and entrepreneurial groups as well a5 larger ministries that seek to support Workpla Christians that aren't CWGS or CPSGS. This year we have added four new ministries to our database of 88 workplace rninistries: The Catholic Union of Great Britain Bizmin God and Work Netherlands Work With God We are aware of the potential to collaborate wlth these ministries and are looking for someone to rnaftage this database and identify how we on WO effectivety in partnefship with them..
transforniwork Transform Work Team & Events Ambassadors We now have 22 Ambassadors, with four new ambassadors joinin8 US this year: Ridgety Johnson, South England Brad McLaughlin. Finance & Insurance Christian Network • Bentty Eapen, North East of England region and Consumer Packaged Goods Sector • Moyin Olu Davies, Greater Manchester We have established four Ambassador 'hubs' as part of our strategy to develop a team of 72 Ambassadors wbth 12 hub leaders across the British Isles. Here are a couple of stories of how our workplace groups and CPSGS have been makin8 an impart in their or8anisations equippin8 and mobilising frontllne Christians at work. Trarthrn Wort 8 Marthaa Road. London, SEI IHL • liegisteral Chority No. 1120053 . Company No. 620386 Email: olTKe@tranSfrMTrM.net • Web*te: wpmy.tsonrfDrnrk.net
transforniwork Testimonies BAE Systems Christlan Group Leader- Brian Forbes "In the Spring of 20201 had a sense of being called to bring more of God to my workplace, Including a fomi of pastoral care. In earty 2021. 1 approached Diversity. Equality and Inclusion (DE&I) within the company to ask If they had a Christian group. They said no and invited me to start one. That same week, another couple of people and I started to meet virtualty to pray for what God wanted us to do for Him in our workplace. We spoke blessings over the company and its sites and employees. Within DE&1, we fitted into an Employee Resource Group {ERG) for cultural and ethnic diversity called Embrace which includes other faith sub-groups. We are represented on the Embrace steering group. The support from DE&1 and Embrace has been ever-increasing and is tremendous. The support that we are receiving from the company is getting better and better. There is increasing focus on not just evolving and improving what is offered throuBh DE&1 in the UK, the strategy is to replicate the growth in the company's home markets overseas. The Group has grown from a few of us to over 80 people mainly in the UK and every week it keeps growing. We have people connecting With us too from as far away as Malaysia and Australia. One of the beautiful things about the Group is that it is diverse with people from all different church backgrounds and stages of faith. There is great joy in seein8 somethin8 grow that is non- denominational and united by the One Holy Spirit. As well as continually meeting weeklyto pray, we started to offer virtual lunch and learns and webinars. Those have significantly increased in number and broadened in topic. When we started, we ran a couple a year but in 2024 we are proposing to run nine. They are growing quickly, in some cases a 400% increase compared to the previous webinar and m05t of that increase is people not connected with the Group before. And we are getting into the practical application and leVanCe today of the Christian Faith in many of these sessions, for example, one is on healin& another is on our identity. We are getting growing interest in our talks from people who are not connected to the Group yet and the feedback is very positive. As well as virtual talks, we have started talks in-person from 2023. We have twice given talks on our faith to cohorts of 80 young apprentices in one part of the company and we have been invited back. The wheels are in motion for us to give talks this year, 2024, to the new apprentice intake of 900 young people in another part of the company and another 900 already on the apprentice scheme there. We share the basic Gospel message and our faith in a relational and authentic way. In 2024 chaplaincy re-started in a couple of parts of the company after a long break. This is an impartial listening ear and pastoral care service sitting alongside other employee health and well- being services. We a in talks to support the development and improvement of this induding the expansion to other sites. The feedback from thi5 has also been very positive.
transforniwork Here are some key inter$ based on our experien. Listen to the Lord and obey Him. be patient, don BO ahead of Him Don limit the Lord Pray lots and bi8 and be expectant • Make the most of every opportunty • Be tM)Id • Share the Gospel and asperts of the Christian faith explaining their importance and why this is relevant to everyone today." Lucy Honeysett. Lead Coordinator for Christians In Care Christians in Care is a new network that launched in the summer of 2023. She writes: "Our prayer is that we connect wlth Christians working in the care sertor across the UK, together encouraging and inspiring one another to live and speak for Jesus. We're now connected with almost hundred carers and meet monthly online. We have active WhatsApp groups with regular prayer requests, Bible encoura8ements, and worship songs to dance around the kltchen to! It's a joy to encourage Christian carers who are at risk of feeling forgotten and yet day and night provide compassionate care and support to the most vulnerable in society and convey our Fatherfs heart as they care. Ros from Transform Work has been a wonderful source of encouragement, advice, wisdom and prayerful support. The weekly prayer times with Ros and fellow CPSGS leaders have been invaluable and we enjoyed a face-to-face meeting in March which was a real blessing. Thank you TW for walkin8 With us as we all seek to shine bright for Jesus in every line of work He's given us." Associates knociates are people who are able to gbve their time and expertise free to our groups to support and equip Workpla Christians to fulfil their calling. Dave Law and David MacFarlane initially joined the Transfomi Work Team as Ambassadors. They sensed God calling them to work in a different capacity wlth Transfom) Work and thus during the year they have both become Associates and joined the exi5tiFI8 team. The team now comprises: Joe Clease, Faith Literacy and Diversity & Inclusion Specialist Jeremiah Igunnubole, Workplace Advocacy in defence of freedom of speech and religion • Dave Law. Faith Friendly Workplaces • David MacFarlane, Strategist and Coach, Hearing God's Voice • Andy Moore. Apologetics and keynote speaker for workplace eveftts Colltn Seale. Workplace Disctpleship & Faith Sharin8 Lyndsey Seale. Workplace Disclpleship & Faith Sharing Operations Team We have a small remunerated Operations Team including our CEO: Ros Loaker. Chief Executive Officer. employed 3 days a week Trnndorm WorK 8 M•th15ea lioad, Lonth)n, SEI IHL . Re*al Chartty No. I1253 • Ctynpany No. 620386 Emall: office transformnet • Web51te: ww.trandomwork.net
transforniwork Ali Loaker, Transform Work Adminlstrator. contracted 1.5 days a week Rashmi Horo, Finance Officer, employed 3 hours a week. In addition, we have excellent volunteers: Ernma Mew, Transform Work Retreat Coordinator Poornima Whomsley, Partnership and St(ate8ic work Rafik Massih, IT We are keen to grow our office team and to support our Ambassadors more effectively. We also contracted with Rio Summers as a graphic designer to lead our rebrand. Board Julian Shellard, Chair of the Board of Trustees Mal Shaw, Trustee Director Ofonimeh Abudu, Trustee Director Ros Loaker. Chief Executive Officer Stephen Doel. Trustee Director Steve Matthews, Trustee Dirertor Project and Events Manager We are keen to employ a Project and Events Manager to release the CEO from organising events. Emma Mew volunteered to coordinate the Transform Work retreat at Ffald-v-Brenin, Wales, and this proved highly successful. We are seeking financial support for a part-time role. Kickstart Scotland We received a generous grant of £10,000 from the Haldane Trust to kickstart our mission in Scotland and at year end were recruiting a paid Lead Ambassador for 2 days a week for a year. We plan to build a sustainable base for our work in Scotland, starting by developing Scottish netwovks of CWGS in the University, Local Authority and Energy sectors. 20 Year Celebration On Saturday 30th September we met to give thanks to the Lord for the ministry of Transform Work. It was a privilege to be asked to host our celebration on the land where the Eternal Wall of Answered Prayer will be built. What an amazing opportunity to sow prayers for the workplace and be on the actual land (an open field) before the wall is built. At the time we did not know we were the first or8anisation to do this- forever pioneeringl We heard Richard Gamble's amazing testimony of how the Lord has led him in this Initiative. Dr Jonathan Oloyede. Director of the National Day of Prayer and Worship, gave an inspiring and
transforniwork challenging tslk aboth how important it is for Chrtstians to multiply. based on DeterormY 1.11.. We had an •nspirntional celebration to help gal¥aftise our future vision. Team Day We held a hybrid Team Day on 25 November, the first time since November 2019 to connect with most of the team in person, celebrate in worship and share testimonies. 23 attended, a significant increase from the previous attendance of 16 in 2019. A huge thank you to Ann Cheung, our North West Ambassador, for excellently facilitatlll8 the 3 workshops: An Engaging Vision, Being Equipped and Empowered and Building for the Future. We look forward to building on this at our next Team Day in November 2024. Special thanks to the Evangelical Allian London Office for their hospitality. International Connections Vision For Work Europe Retreat Faith & Work Movement Global organi5ed a European retreat from 14-16th July to explore God's vision for work and to connert with like-minded leaders. Ros Loaker was a keynote speaker and contributed to a panel discusston alongside Dr. David Miller & Marie Vandermuelen. Carol Porter. our Ambassador for National Government Groups. also attended. She met a group leader from Switzerland whom she had been coaching in setting up and leading a CWG in the Swiss national 80vernment. 30 people attended who were already passionate about workplace ministry in their organisations and great testlmontes were shared. Exploring International Connections We continue to be in touch with like-minded organisations such as Corporate Christ in India. Transfomi Work Italy and Faith & Work Movement Global based in the USA. Since the summer treat, Transform Work and Faith & Work Movement have jointly run a number of workplace gatherings in London including a meetin8 in the House of Lords in January to encourage Christians in Technology hosted by Lord Wei. In November we received an enquiry from a well-known mission organisation that has identified those in the workplace as a hard-to-reach people group. In their research they came across Transform Work. They have 40 offices across Europe with staff who can speak the native language and know workers in those countries. Could this be part of the Lord's strategy to connect, equip and support Workpla Christians in other nations? Please pray for wisdom and discernment as we continue to meet and discuss.
transforniwork Prayer Thursdays 7:30am During lockdown our Board began to meet weekly to pray. During this year we decided to open up these dedicated times of prayer not onty to our team but any who value this ministry. We have seen much fruit as a result of taking time to rest and intercede together. You are welcome to join us. Jesus to be Revealed We continued with our two corporate days of prayer and fastin8. This year these were at the start of Lent in February and the beginnin8 of Advent in November, wlth those leadin8 from our prayer initiatives. Online prayer meetings were arranged during each of these weeks where we prayed for specific sectors and were joined by representatives of several CWGS and CPSGS as well as our donors and volunteers. Eternal Wall of Answered Prayer Transform Work stsrted partnerin8 With Eternal Wall to galvanise workplace answered prayer to feature on the Eternal Wall. In the words of Founder Richard Gamble, "I can build this wall of o million bricks. but we need your help. we need your workplace answered prayers. So thot when someone come5 on thi5 5itefrom the police, or insuronce or dentistry and sees an answered prayer in theirpmfession orsector. it could be life chongingfor them. Visit our website ondpleose odd your testimony." Testimon Eternal Wall of Answered Pra er Thy Kingdom Come We have continued to develop workplace resources to support this 8lobal prayer mission outreach during the period from Ascension through to Pentecost. We received good feedback from the workplace prayer journal and are exploring opportunities for foreign translations and to make church leaders more aware of these resource5 for their congregations. This year we increased the contribution from the CPSGS who led prayers using pre-recorded videos as well a5 online lunchtime sector-led prayer meetings. Ros Loaker and Ali Loaker attended the international launch event in London where Transform Work was highlighted throuEh the Defence Christian NetWOTYs contribution in the meeting. The lon8er-term aim is to use these resources to establish workplace prayer groups that last beyond the eleven days of Thy Kingdom Come. Strategic Prayer Lead We wanted to increase our prayer opportunities together as a team and prayed for someone who could coordinate prnyer support. Instead ot one person. God has given us a team of three Transform li
transforniwork Work prayer champions. each wanting to twain up Workpla Christians in different aspects of prayer. In January 2023 Dave MacFarlane led the first of many cohorts, training up some of our Ambassador team on how Christians can more clearly hear from God about the opportunities in our workplaces. We also engaged with lloyd van Vuuren from Concert of Prayer about training workplace leaders in corporate prayer. With Lloyd's help we trialled a "Corporate Prayer Academf. seeing 6-10 people from CWGS participate in online training sessions to learn how to lead others in corporate prayer. specifically in a workplace context. Our ambition is to support these trained leaders to equip others in expanding the Corporate Prayer Academy programme. We also worked with Anne de Leyser from Local House of Prayer to develop training in how to take our place as part of the Royal Priesthood to speak blessings over our workplaces and organisations. Faithfriendly workplaces We are proud of the role that Transform Work is playing in developing faith friendly workplaces in the UK. As mentioned in our report last year, God has placed the vision for Faith Friendly Workplaces (FFW) on Dave La5 heart and with support from his Equality, Diversty and Inclusion management in his or8anisation, Thames Water, he has pioneered this vision supported by Transform Work. Currently. three of the top five faith friendly workplaces in the UK are led by Transform Work Ambassadors. Th F lendl Work laces initiative led by Dave nowcovers 35 organisations and has increasingly 8rown In terms of reach and engagement. There were three stsndout developments this year: l. Engagement with the All Part Parliament Grou APPG on International Freedom of Reli ion or Belief. This included a Call for Action Re ort published in November. 2. No.10 Downing Street engagement. A workplace faith summit was held in July at the Prime Ministerfs OlCe chaired by John Glen. Chief Secretary to the Treasury. Transform Work representatives took part and other attendees included executrves from Rolls- Royce, NHS, Google, OVO Energy, Salesforce, Baringa, American Express, and NATS, sharing how they are embracing faith in the workplace. A key point expressed was that a person's beltefs is an asset with bottom line benefits and an opportunity to be grasped rather than missed. 3. The first UK national conference on faith and belief at work that took place in London in March 2024. Partnering with the Reli ious Freedom & Business Foundation Multifaith Centre Universit of Derb Barin a Good Faith Partnershi and other stakeholders. Dave and FFW Initiative members played a key role in helping to organise this conference, and in launching Faith at Work UK. Trnrthnn 8 Martha15ea Road, London. SEI IHL. Reglstered Charity No. 1120053 . C¢mpany No. 620386 Email: office@trarthmiworLnet . webts: www.transfomiwork.net 12
transforniwork Improving the way we work Marketing & Branding In May we completed our rebranding with the help of graphic designer Rio Summers and our web site provlder Hubb Church. The rebrand includes new fonts, colours. restructured website, and a new logo signifying growth through collaboration. Key asperts include a standard professional look and feel, and easier access to resources for workplace groups. This coincides with the move to a more global focus with our new name of Transform Work. We have begun to use the power of our rebranding on social media, with branded T shirts, and are starting to apply forgrants from large funders. Finances Fundraising As a result of inviting our VIPS to join us for our 20 year celebration in September, Ruth Walker, a faithful friend and supporter of Transfomi Work. responded by encouraging us to apply for grant funding from the Haldane Trust. On November 8th we submitted our application and received an email on November 27th to let us know the committee has approved the £IOK award to kickstart a Scottish Lead Ambassador. "If I con st7y your t7pplicotion was one of the best I've seen - ond I've seen over 15,000 in my careerl It wa5 fIt rate.- Holdune Trust We are aiming to grow 3 new Scottish networks in the University, Local Authority and Energy sectors and within each to grow 10 new CWGS dtscipling approximately 300 workplace Christians. This is a pioneering initiative and the role includes finding donors to provide ongoing support. We have carried out a review of potential grant funders, identifying a number of trusts fvnding Christian ministry projects who may beconw future funders. We will review our plans and bid for funding where appropriate. Alongside this we are seeking to develop new channels of funding through social media outreach, and creating a 'value proposition, with our Christian Workplace Groups. We are excited about the opportunities open to us. In order to grow into the vision God has given us we recognise the need to actively request funds. This is a cultural change for us. We are so thankful for the continued regular giving of our VIPS which sustains this ministry. We couldn't do it without them.
transforniwork Are you one of our VIPS? We are keen to find ways to increase our regular monthly giving. If you are reading this report and are not yet a financial supporter, please do not hesitate to get in touch or simpty donate online at www.transformwork.net donate to become one of our VIPS. It was a privilege to connect 1-2-1 with our VIPS durin8 the year. sending special progress reports and invitations to OUT 20 Year Celebration and our Annual VIP Online Event. The VIP events give space for supporters to ask questions and interact with our Board and core team. Ideally to keep growing we need an extra £l(XX) a month from regular donations. Finally As you have read this annual report, you will have seen that we have been laying firm foundations as an Ofganisation. but the real work is to continue to build and establish Workpla groups. For this we now need to invest in our amazin8 team of volunteer ambassadors Ilke never before. We sensed the Lord speaking to us in 2018 through Mark 6.3944. Before Jesus performed the miracle of the feeding of the five thousand, "He got the people to sit down in groups of hundreds ond fifties". The messa8e was clear- Tnin5fomi Work. you need to get your strurture rightfitst so you will be oble to steword the mirocle thot 15 coming through the workploce. More than ever. we need to make sure the workplace groups within our family are able to hold the miracle that is coming. to disciple those the Father gives them. It is time to press fonvard to reach our goal of the 72 ambassadors who will be commissioned into their role to see men and women. through Workpla missional communities, equipped to make disciple5 and transform their workplaces and change nations in Jesus, name. We know that "with God all thing5 ore possible" (Matthew 19.26). Please pray with us and join us in this exciting mission ! Ros Loaker Chief Executlve Officer Transform Work April 2024 Jullan Shellard Dlrector and Chalr of the Board Transfomi Work £Y April 2024 14
Registered C*arity No. 11211053 Transforni Work Statement of Financial Activities, including Income and Expenditure Account 5t for the year ended 31 January 2024 Total funds 2024 (Unrestrlcted) Total funds 2023 (Unrestricted) INCOME Income and endowments from: Donations, legacies and grdnts Charitable activities - revenue eamed Investments Total incoming resources 47,408 30 37.532 37.532 EXPENDITURE Expenditure on: Charitable activilies Total exndIre 45.323 Not in¢om• for th• y•ar 2,115 1,230 Total fvnds brought forward 6,853 5.623 Total funds carrled forward The noles to the a(unIS form an integral part of these accounts. 10 15
Transforni Worf( Balance Sheet as at 31st January 2024 2024 2023 FIXED ASSErs 152 228 CURRENT ASSErs Debto Cash at bank and in hand Tolal cuent xsets 1.193 1.555 10.941 8.210 CREDITORS: amounts falllng due within one year (2,125) (1,585) NEf CURRENT ASSETS TOTAL ASSEfs LESS CURRENT LIABILITIES FUNDS OF THE CHARITY unsl(led funds The wmpany was entitle<l to exenwtion from audtt under $477 of the Companles Act 2006 relating to snwll conyanie5. The membets have not required the corrpany to obtain an audil Fn accoftjan sedfon 476 of the Compan¢s Act 2008. Tho directots acknovledge Ihelr responsibirrties for conplying wilh the r8qUif8rrnnls of the Companies Acl th SPect to aCUnting records and the preparation of aca)unts. These ac¢x)unts have been prepad in aClanCe *th the provisions applicable to gIMII MpanIeS subject to the snHII companies regime and in act0rdan Wbth FRS102 SORP. Thesè a¢¢ounts v approved by the Board of Directo on ... ....... and weR s¥Jned on its behaK by. Chair of Di¢t0 16
Trnnsforni Work Notes to the Accounts for the year ended 31st January 2024 1 Accounting Policies Basis of preparatlon of the accounts The accounts have been prepared under the higtorical (x)st convention, *ith items cOgniSed at cost or transaction value. The accounts have been prepad in accordance ryth the Statemenl of Recoffrnended Practice.. Ac(x)unting and Reporting by Charities preparing their accounts in acLX)rdance ith the Fmancial Reporting Stsndafd applicable in the UK and Republic of Ireland {FRS 102) issued on 16 July 2014, and with the Financial Reporting Standard appficable in the United Kingdom and Republic of Iland (FRS 102). and with the Charities Acl 2011 . The charity has taken advantage of the exemption in Financial Reporting Standarf 102 Sectlon 1A Small Entities from the requirenI to produce a Cash Flow Statement. The twstees a)nsider thal Ihere are no mateiial UnrtaInlieS about the chaiitys ablity to conlini ue as a going concem. The accounts have been prePad using the Acuuals method, as requi for a chariiable u)mF pany. 2 Tanglble Flxed Assets Depreciation ts provided at the following annual rates in order to wyite off each asset over its estimated useful lrfe.. Office equlpment - 25% 0fst COST Bal bf 110212023 Additions Bal cf 31101124 304 304 DEPRECIATION 8a1 bf 110212023 Charge for the year Bal cf 31101124 76 76 152 NET BOOK VALUE At 31101124 152 At 31101123 228 3 Income from Donations. Legacie5 and Grants 2024 2023 Trinity Ministries grants Donatlons from thurches and OanIsatiOnS Donation from Sefvyn Charilable Twst Olher donations Gift aid 6,300 15,814 6.000 856 10,000 18.792 1.884 20.308 4,986 37.532
RegbsieHI Chanly No. 1120053 Conpany No. 6203863 Transfomi Work Notes to the Accounts for the year ended 31st January 2024 4 Analysls of Expenditu on Charitable Activities 2024 2023 Stsff wages Employefs Pension (x)sts Staff expenses {subsistence. hospiialiiy, travel )Sts) Admin costs - insurance - zoom and software subs and expenses - payrDII admin costs - phone and work from home wsts - adrnin se1$ - other adrnin expenses Bank charges Advertising. marketing. prornttonal Websiie expenses Website design and rebranding Ix)sIs Hubb training Venue expenses ConfeTrnce costs Fundraising costs Gifts and donations Annual report costs Independent exanrrinefs fee Oepreciation of office equipment 27,252 745 27,340 745 804 512 496 774 396 8.640 346 14 297 923 1.988 450 380 208 144 660 518 451 551 396 2,160 55 830 1,102 1,000 80 528 350 76 325 76 5 Debtors 2024 2023 Gift aid debtOlS Conference prepayment 943 250 1.355 200 6 Creditors: amounts falllng due within one year 2024 2023 Trade credito Pension crediiors Conference fees reNed in advan Accwals 780 145 850 350 781 479 325 18
Transforni Wort( Notes to the Accounts for the year ended 31st January 2024 7 Charity Funds 2024 2023 Unrestricted funds: General lun Bal bf 112123 Net Income in the year General funds cf 3111124 6.853 5,623 Totsl Unrestricled funds 8.968 8 Trustee remunerdtion and benefits Non8 01 the Irustees have been paid any remunerntion or ffjceived any other benerts from an ernpknnt with Ihe chaiity. Expenses were paid lor tNstees fulfilling their dutles as follo. 2024 2023 TNstee expenses 19
Inde endent Examiner's Re ort to the Trustees of Transform Work on the Accounts for the ear ended 31 Janua istered Charit No. 1120053 Com an No. 6203863 st 2024 I report to the trustees on my examination of the accounts of the above charitable company for the $1 year ended 31 January 2024. nsibilities and basis of re As the charity's trustees of the company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act"). Having satisfied myself that the accounts of the company are not required to be audited for this year under Part 16 of the 2006 Acl and are eligible for independent examination, I report in respect of my examination of the charity's accounts as carried out under section 145 of the 2011 Charities Aci ('%he 201 l Act"). In carrying out my examinaiion, I have fojlowed the Directions given by the Charity Conlmission under section 145(5)(b) of the 2011 Aci. Inde endent examiner's statemenl I have completed my examinaiion. I confinn that no material matters have come to my attention in connection with the examination which give me cause to believe that: - the accounting records were not kept in accordance with stttion 386 of the Companies Acl 2006; - or the accounis did not accord wilh those records. or the accounts did not Comply wilh relevant accounting requirements under section 396 of the Companies Act 2006, other than any requirement that the accounts give a 'ttrue and fair" view. which is not a matter considered as part of an independent examination. - or the accounts had not been prepared in accordance with the Charities SORP (FRS102). I have no concerns, and have come across no other matters in connection with the examination lo which attention should be drnwn in this report in order to enable a proper understanding of the accounts to be reached. Date: 202¥ Mrs. Carole Cowgill ACA 4 Penny Meadow Capel St. Mary Ipswich IP9 2UU ICAEW CHARTERED ACCOUNTANT 20