TRANSFORM WORK ANNUAL DIREcfoRS' REPORT Year ended 31"January 2025 Registered offi￿. 8 Marshalsea Road. London. SE11HL Contents Page Legal and administratlve inforniatlon Report of the dlrertors 3-21 Financial statements 22-26 Independent exarninefs report Registered Charity No. 1120053 Compary Wo. 620￿3 'IINiiiin *AE9FUXSH* 2110812025 COMPANIES HOUSE A15 #111 transforniwork Legal and AdminFstratsve Inforniation Directors during the period: Mr Julian Shellard (Chair) Ms Ofonimeh Abudu Mr Stephen Matthews Mr Malcolm Shaw Mrstephen Doel Registered office: 8 Marshalsea Road London SE1 1HL Independent Examiner Mrs C M Cowgill ACA 4 Penny Meadow Capel St Mary Ipswich IP9 2UU Bankers: Metro Bank PLC 1 Southampton Row London WC1 B SHA Charity number. Company number: 1120053 6203863 Trankn WorL B Ma￿alSea Road. London. SEI IHL. Reglsteral Charfty No. 1120053 . Company 140. 620386 Email: office@traF6formworknet . transforniwork Annual Report 1st February 2024- 31st January 2025 We Give Thanks We give thanks to our Heavenly Father for His ongoing blessing upon our workplace mission. Every year we reflert and celebrate His love in artion as we inspire individual workers to live out their faith at work, encourage groups of Christians as they come together in W0￿)13CeS and across business sertors and see organisational change through their faith. Our mission continues to grow and we praise God for the work He has called us to in Scotland which is now bearing fruit. We recognise His hand in all we do and His faithfulness to us. Our Mission We inspire, connect, equip and support Christians to transform the places they work in, so they can openty express their faith in word and action. We do this primarity through a tearn 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 and beyond. We also SUPPOrt and connett Christian Professional and Sertor Groups (CPSGS) vtho represent a host of professions such as law and health, and sectors such as media. education and politics. We have a team of Associates with specialist skills who can offer specific expertise to Christians at wor We are developing our mission across the UK and we have an increasing number of international connections. transformwork Strategic Direction 2021-2025 We are now in the final stage of our five-year strategy to Deepen, Widen and Influence our impart. This has been an interesting period as the UK has moved through Covid lockdown and emerged with a more hybrid workplace culture which we are supporting. Deepen We have deepened our foundations through a governance review. financial streamlining, and further embedding of prayer. We have also increased our support for workplace. professional and sector groups by developing our Ambassador team and Associates, and launching a variety of new materials from faith literacy to workplace prayer. Widen We have wldened our regional support to cover North England, East Anglia (with a focus on Cambridge) and Scotland, and launched a variety of new professional sector groups. We continue to widen our international connections building reLitionships with global charities and supporting Christians as they extend Christian workplace groups across global organisations. We have refreshed our brand and increased our support base on social media. including a new and growing WhatsApp community. We have supported the launch of the multifaith initiative Faith Friendly Workplaces. linked with the global REDI initiative. Influencing This year (202516) we have a specific strategic focus on the following areas: 1. Exploring new income streams to diversify our donor base- areas including legacies. alumni network and Christian CEO sponsorship 2. Improving the support we give our Ambassadors and their development 3. Reviewing our transformational impact across the UK through workplace groups 4. Developing our church workplace ministy mission following a successfvl North East pilot 5. Continuing to develop a sustainable base in Scotland 6. Continuing to renew our presence in London by recruiting new Ambassadors. Trdnrfom WorK 8 Ma￿alSe3 Road, London, SEI IHL • Registervj ChaiTty No. 1120053 . Company No. 6203863 transforniwork We will also develop our next five-year strategic plan, developing strategies for regional growth in London. Wales and Ireland: the new generation of young workplace leaders: harnessing our working movement to transform on a national basis: and providing global support for Christians in the workplace. We reflect on the grace that God has given us over the past five years and we are grateful for His sustenance across a challenging period. We are listening to His voice for how we shape our next stage of strategic growth as we develop our next fwe-year strategic plan. Christian Workplace Groups We are now supporting 474 group5 and 92 individuals seeking to start new groups. This year, we have helped to start 34 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 stsges of development depending on how well established they are in their organisation. This ranges from Level I where we know of only one individual 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 groups at different stsges of development was as follows; o Level 1: individual (92 individuals) o Level 2.. initial contact (56 groups) o Level 3: earty formation (124 groups) o Level 4: organisational acceptance (162 groups) o Level 5: formal integration (62 groups) o Level 6: organisational celebration (70 groups) We assess the ffiealth, of our groups according to a number of criteria - for example. whether they are meeting regularly. looking outwards as a group, developing new leaders. Of those we have assessed. 110 groups are Ylourishing, 208 are 'improving, 76 are struggling and 94 are Yailing. This analysis helps us to know which groups need more help and where we need to focus our supporL We have not had recent contart with a number of our groups and during 2025 we intend to re-establish contatt wherever possible. transforniwork Christian Professional and Sector Groups We are now supporting 63 Christian Professional and Sector Groups (CPSGS) and helped to form 3 new CPSGS this year: Christians In Food + Retail Christians in Trade Unions Christians in the Automotive Industry We assess the Thealth. 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. students and graduates and developing new leaders. Of those we have assessed, 28 group5 are Ylourishing, 17 are'improving, 11 are'struggling and 7 are failing. Again, this analysis helps us to know which groups need more help and where we need to focus our support Other developments The weekly Tuesday lunchtime 30-minute prayer calls have grown in number. Transform Work continues to host and facilitate these weekty sessions. An excpting initiative began halfway through the year after Thy Kingdom Come. where it felt right to have monthly sector prayer meetings. On the first Tuesday of each month the CP5Gs pray in sectors - so far we have established the Health and Social Care settor and Education settor. We hope to see more sector prayer meetings take place throughout 2025. In March we held our second hybrid annual CPSG leaders, meeting in London. This was well attended with keynote speaker Sam Webster, in-house solicitor for The Christian Institute. In the afternoon Mark Pickering of the Christian Medical Fellowship facilitated group discussions on how we might work effettively as a network. CPSGS through Transform Work exhibited at the David's Tent conference alongside the Christian Ambulance Association, FireFightersforChrist and The London In5titvte for Contemporary Christianity. Transform Work facilitated the engagement of the CPSGs to participate in the National Week of Prayer from 6th - 14th September, enabling the Church to pray specifically with knowledge for those working in the professions and settors. Resource material: We have jointly produced seven ethical calls to UK election candidates designed a Christmas card listing all CPSGS on the back for CPSG leaders to send to seniors in their respertive professional bodies and to MPS. o updated the CPSG leaflet which is downloadable from the website. A WhatsApp group continues to be a strength of encouragement and communication to the CPSG leadership. Email: oifice@tran5frJmiwork.net Website.. w*h¥.transformwork.net transforniwork There has been a shfft in momentum amongst the CPSG leaders in how they relate to each other and their commitment to work together so that each group can better connect, support and equip Christians within their profession or sector. Objectives for 2025 1. Design a fresh look for the CPSG website portal add a search bar to deal with the increase in groups. 2. Provide a Development Level structure for CPSGS similar to the CWGS to help us grow healthy groups. 3. Attend national Christian events as a network to share resources and costs. and Christian Workplace Ministries Christian Workplace Ministries (CWM) include chaplains to the workplac¢ business and entrepreneurial groups as well as larger ministries that seek to support wothplace Christians who are neither part of CWGS or CPSGS. This year we have five additions to our database of 93 workplace ministrles: Asone P3 Business Care Holy Trinity Boar Lane Workcare West Midlands Here l am We are aware of the potential to collaborate with these ministries. We are looking for someone to manage this database and identify how we can work effectively in parmership with them. Transform Work Team Ambassadors We now have 23 Ambassadors. with 5 new amba55adorsjoining us this year. Andy D Smith - East Midlands Josh Lees - Leeds and Bradford Julie Smith - Norfolk and Suffolk David Black - Scotland (Energy Sector) David-lsaac Arinze - Scotland (Local Authorities) Two Ambassadors have given notice of finishing their volunteer roles With us. We are so thankful for Adrian Holloway who has been on the team for 12 years. looking after 4¥%transforniwork groups in Morthamptonshire through to Cambridge and Peterborough. We also gNe thanks for Lee HI￿OrfS passion and experience in leading a CWG in an oil rig in the North Sea as well as supporting CWGS in the oil industry. Both joined us for their last team day in November. Thi5 Fs Lee Si￿1ng off online: yr•7 JSL *O(yll•¢pa@) We have established four Ambassador Thubs. as part of our long-term strategy to develop a team of 72 Ambassadors with 12 hub leaders across the British Isles. Here are a couple of stories of how our workplace groups and CPSGS have been making an impatt in their organisations. equipping and mobilising frontline Christians at work. Trnrrform Work, 8 Mathalw Road, London. SEI IHL. R8Jisieral Charity No. 112(M)53 . Company No, 6203663 A%tranllsfonnwork New Christion Workplace Group - Charlotte Wright ltre been working ot my companyfor 23years. ondfor m05t of that time as the only Christion in the workploce ond so sourced my workplace support via Chaplaincy Plus in Birminghom but alwiyys wished to be able to set up a smollgroup in our compony. In the lastyeor it became opparent that there were o couple of other Christians in the workploce. and another became o Christian through an online Alpho course we ran during Covid with the help of Chaplaincy Plus. With the support ofAlexfrom Translorm Work who just odvised me to start justgetting everyone together, we storted our own group (named 'lgnite? about 4 months ago, with 3 or 4 regular attenders eL7ch month. We have lots of changes going on within the business and office and it hos been on invaluable group sofar, prayingfor the office as o whole and 5UPPOrting each other ot difficult times. We proy thot God will continue to bless the group as wefind ourfeet. thot others within the office choose to join us. and thot we can moke o significant impoct within the office over time. Alex Keen. Ambassadorfor Birmingham 2024 wos ayear of con501idation andgrowthfor me personally in my role as Ambussadorfor the West Midlands. but alsofor the groups that I h(we the privilege of worknng with. l am now in tsvtrway contact with over 20 groups ranginglrom locol government. national agencies and housing services. to bonking finance. insurance and the engrfneering sector. It has been both humbling ond on inspirotion to see the strength and variety ofgroups that exis¢ all united by a common lovefor the Lord and a passion to see His name glorffjed and His kingdom come in th￿r workploces. We held three online gatherings during the course of theyear. In February we heardfrom Alison Thornley of the Christian Dental Fellowship. who talkedfrom her experience of toking "God opportunities" to share faith naturally ond with confidence and sensitivity at work. In June our East Midlands Ambossador, Andy Smith - recendy retiredfrom RoJls-Royce. Derby- spoke about the Gospel opportunities benefits and challenges of starting and engaging with transforniwork multi-faith"nets¥ort& In Septenpber Simon Greotheod ond the team atjaguar Lond Rover shoredfrom theirposibve experience Ofw0￿￿8 wfthin and under the corponxe Diver5ty Inclusion & Equalities umbrella, ond thefruit that has borne in terms of building mutual trust ond respect between the Christian neMork and the organisation - uftimatety enobling them to host tha'rfirst "Christions in the Workplace" conference in February2024. A particularjoyfor me has been to see newgroup5form and existing ones strengthen, and to hove been oble to support some of the groups at their Easter and Christmos events. It hos also been exciting to see the relotionship with ChaplaincyPlus and Workcare West Midlonds bwn to develop. and I lookforward to all that the Lord hos in storelor 202 Associotes Associates are people who are able to give their time and expertise free to our groups to support and equip workplace Christians to fulfil their calling. During 2024 the team comprised: Joe Clease. Faith Literacy and Diversity & Inclusion Specialist Jeremiah Igunnubole, Workplace Advocacy in defence of freedom of speech and religion Anne de Leyser, Local Houses of Prayer for the Workplace Dave Law, Faith Friendly Workplaces Andy Moore, Apologetics and keynote speaker for workplace events Collin Seale, Workplace Discipleship & Faith Sharing Lyndsey Seale. Workplace Discipleship & Faith Sharing. Here is Collin Seale teaching on Workplace Discipleship at our team day in November. io transforniwork Operations Team We have a small, remunerated Operations Team including our CEO: Ros Loaker. Chief Executlve Officer. employed 3 days a week Ali Loaker. Transform Work Administrator. contracted 1.5 days a week Stephen Clarke, Finance Officer. employed 3 hour5 a week. In addition. we have excellent volunteers. Rafik Massih continues to manage our IT systems. Peter Martin (photo below, with our CEO at the David's Tent conference) joined us in Juty as a volunteer Projett and Events Manager to release the CEO from organising events. Peter brought energy and dynamism to this role, helping CPSGS to connert better and finding new opportunities to promote Transform Work Gabby Connell (photo below, with our CEO) is our Transform Work Presenter. She currently interviews leaders of Christian Workplace Groups and Is heading up our Respectful Dialogues: Navigatlng Religious Conversations at Work series. During 2024 we established a staff team meeting every Tuesday online to conne share celebrations from the past week and challenges of the week to come, and then pray. We are keen to grow our office team and to support our Ambassadors more effertively by seeking a volunteer database expert in 2025. li transforniwork Board and CEO Julian Shellard. Chair of the Board of Trustees Julian is a solicitor and has worked both in central government and the pharmaceutical Industry. Mal Shaw. Trustee Director Mal works as an interim Programme ConsultanL delivering and advising on projects and programmes with major financial services organisations such as Nationwide, Aviva and Lloyds Bank. Ofonimeh Abudu. Trustee Director Ofonimeh was called to the Bar of England and Wales before crossing over to become a solicitor. Ofonimeh worked as a dirertor in a national law firm and now advises central government. Stephen Doel. Trustee Director Whilst at a major tech company. Stephen realised the workplace is his mission field. Now he has the joy of working full time to equip Christians in the workplace, for Transform Work and EaItbi￿￿. Steve Matthew5. Trustee Director Steve 15 a town planner with Sefton Council, just north of Liverpool. He is Transform Work Ambassador for Liverpool / Merseyside. Ilos Loaker. Chief Executive Officer Ros works part time as CEO for Transform Work and is passionate about seeing. Christians bringing their whole selves to work including sharing their faith injesus. She is also a qualified part time Swedish Massage Therapist. Email: officE@tranthM￿rknet . transforniwork Projects and events Kickstart Scotland Pioneering into Scotland has been a bumpy journey. We started strongly. excited to receive grant funding in December 2023 as confirmation to go. However. as the months went on. we realised how tough the terrain was. especially for the newly appointed Scottish Lead Ambassador. Andrea Thomas. who was also completing a Masters at the same time. Work stopped between June and September as Andrea took unpaid leave for study and health reasons and eventually resigned from her post as circumstances dirtated that she move back to London. However. in their commitment to supporting the work in Scotland. the Board of Trustees of Transform Work had already booked their tickets to gather in Edinburgh at the same time as she resigned. It was a little unsettling and yet there was an unusual expectation that the Lord had something planned for us as we journeyed to Scotland. We were extremely blessed and surprised at The Lord's wonderful solutions Gathering round the tsble in The Hilton Hotel on the afternoon of Friday 1 Ith Ortober were the Transform Work Board members wlth invited workplace friends Martyn Link from The Business Connection and Gavin Matthews from Solas. We wanted to learn more about the spiritual dirnate in Scotland and workplace endeavours. to understand how we best fit. We wanted to come and support what was taking place rather than reinvent the wheel. On hearing their reports, it felt like a barren land spiritually as seemingly church after 13 transforniwork church were d05ing and there was reluttance for Christians to make themselves known for fear of losi￿ jobs or being persecuted In work.. and yet there was hope. New congregations were springing up in unusual places and Father was speaking. Martyn shared how at the start of 2024 he felt The Lord told him to gather workplace Christians again through the Thrive Scotland inrtiative. However, he had laid the project down as others were not convinced. The plan was to have a series of conferences across Scotland during one week covering 5 major cities - Glasgow, Aberdeen, Inverness. Dundee. Edinburgh - to awaken and strengthen workplace Christians to action and to call this revived movement Thrive 25. We had received a prophetic word at our retreat in February 2024. Ipen doors in ?4 soyou con thrwe in ?5" So on hearing Martyn say Yhrive 25" our whole Board erupted with smiles and joy, very much to Martyn's surprise. All became clear when we shared the prophetic word and Gavin also sensed this was a Holy Spirit appointment. Together we agreed to support Martyn rfthe current Trustees of The Business Connettion also felt progressing Thrive 25 was of the Lord. It was important to be unified going forward. Suddenly we all felt now is the time and together we all bowed our heads in the bar area of The Hilton Hotel, Edinburgh and prayed and prayed and prayed for God's Spirit to move amongst the Christians in Scotland, for revival to come again to this land and for guidance for Thrive 25. We all felt it was a Holy Spirit moment and history was made as The Lord knit us together relationally in one accord. After we finished prayin& a couple who were visiting from the USA came over to thank us. They were surprised and challenged by our boldness in openly praying in the hotel. We ministered to them individually and as a couple while the Holy Spirit spoke through us to them. It was a special time. We also blessed the hotel stsff before endeavouring to find somewhere to feast together and to continue conversations. 14 Email.. ¢)ffi￿@ban5rOImW0rk.net . Website.. www.transformth.net transforniwork The next day members of the Transform Worf( Board prayer walked the city in the morning and then met in the offices of Daysix Design agency in the afternoon, who wonderfully opened their workplace to us. After discussion and prayer It was agreed that Ros Loaker would take on the lead for Scotland in the absence of a Scottish lead ambassador. Three months later, we now have two volunteer Ambassadors, David-lsaac Arinze for the Local Authority sector and David Black for the Energy sertor. We are still seeking the Lord to provide the right person to lead the Education sector and especially to grow Christian Workplace Groups in the 19 Scottish universitles. We are also keen to find a Lead Ambassador who can coordinate the networking and support other Ambassadors as other settors develop such as health and social care, finance and insurance. arts and media. food and retail. We now have 18 groups established and are currently working with 5 individuals to start groups. A monthty online lunchtime networking meeting has been established for leaders of groups and in January monthly energy sertor meetings were also started. // At the start of 2025 we were part of the interview process for the Thrive 25 Project Manager (who is now in place) and we look fonvard to working viith Lindsey Mccowan to accomplish all the Lord has in storel We are thankful to the Haldane Trust for their grant that helped us kickstart groups in Scotland. for Andrea Thomas for her patience as we pioneered this hard ground. for the early adopters of leaders of Christian Workplace Groups who caught the vision which spurred us on. for the two voluntary ambassadors who said yes. and of course the Hoty Spirit who set us up in The Hilton Hotel to bring vision to reality as workplace frlends joined as one. We are so very thankful for hearts that are open to Fatherfs bidding and exclted to be working with The Business Connertion and Solas on mission for Thrlve 25 to play our part in seeing the transformation of Scotland as Christ followers kneel in prayer and stand boldly for The Truth in work! Maranotha. 15 ansforniwork Team Day We held our hybrid Team Day on Saturday 30th November, an opportunity for the Ambassadors. Associates. Office team. and Trustees to come together and connert. 23 members of the team attended (13 in person and 10 online) and we used the opportunty for a mixture of worship. prayer. teaching and fellowship. This was well-struttured and included the following sessions: simple ways to share faith and disciple colleagues (Collin Seale) how to present Transform Work to a Christian Workplace Group Uulian Shellard) growing our income (Stephen Doellmal Shaw) clwrch workplace ministry (Peter Martin l Benty Eapen) developing Ambassadors (Steve Matthews I Stephen Doel). Special thanks to the Christian Medical Fellowship for their hospitalty. Team day wouldn% be the same without dinner together - .11 16 transforniwork David"s Tent In August we held a joint exhibit stand at the David's Tent festival with the Christian Ambulance Association and Firefighters for Christ. The aim was to represent a wide range of Christian Professional Sector Groups. provide information. answer queries and generate referrals for follow up after the ftstival. This was very productive and we jointly achieved nearly 600 referrals, whilst talking to around 800 individuals. There were referrals to seventeen sector networks, the main ones being to the Association of Christian Teachers. Christian Medical Fellowship and the NHS Christian Network. There was also interest in the Food, Tech and Retail settors which did not have sector groups - we have subsequently helped to launch a Retail network. We also spoke to a number of church leaders about starting workplace ministry in their churches and encouraged a number of members of Christian Workplace Groups. International Connections Transform Work supports Christian Workplace Groups in many organisations that operate globally. We continue to develop relationships with like-minded organisation5 such as Corporate Christ in India, Transform Work Italy and F ve lokgl based in the USA. Transform Work and Faith & Work Movement Global have continued to jointly promote workplace gatherings in London. Prayer Thursdays 7.'30am This weekly zoom prayer call provides a weekty opportunity to pray for Transform WorK Christian Workplace Groups, workplace related events. issues of national concern affecting the workplace - whatever God puts on our hearts. All are welcome to join. Jesus to be Reveoled We continued with our two corporate days of prayer and fasting. These were at the start of Lent in February and the beginning of Advent in November. 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. 17 transforniwork Strategic Prayer Leads Wth the support of Lloyd van Vuuren from Concert of Prayer. we completed our "Corporate Prayer Academy,. 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. In January 2025 we launched Transform Prayer with our new prayer lead David-lsaac Arinze leading half-hour online prayer sessions on Mondays. Wednesdays and Fridays. 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. Anne led one of ourjesus To Be Revealed prayer sessions. Eternal Wall of Answered Prayer Transform Work continues to partner 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 a million bricks, but we needyour help, we needyour workplace on5wered pray￿5. So that when sonRone comes on thi5 Sitefrom the police, or insurance or dentistry and sees an answered proyer in their profession or sertor, it could be lrfe changing for them. Wisit our website and please addyour testimony." Thy Kingdom Come Thy Kingdom Come is a global call to prayer started by the Church of England but is now supported by Christians from many denominations across the globe. It runs between Ascension and Pentecost. calling Christians to pray for those they meet in their daily lives. Over the past five years, we have provided workplace materials and hosted prayer calls led by Christian Professional and Sector Groups. This year we also provided an article on the wider Transform Work mission and the opportunities for Christians coming together in the workplace which was published by Thy Kingdom Come and emailed to 30k recipients. Faith Friendly Workplaces it￿&L￿ is an initiative led by our associate Dave Law. with the involvement of several of our team, that aims to encourage HR departments to support faith employee resource groups. The initiative recognises that many HR departments have limited faith literacy and do not wish to be seen to be favouring one faith over another. As such, they have adopted 18 Email: offiL•ardomiwork.net . transforniwork 3 multifaith approach, working with other faiths and multifaith groups such as the Religious Freedom and Business Foundation (RFBF) and Good Faith Partnership, and the UK Parliament All Party Parliamentary Group (APPG) For Freedom of Religion and Belief. Their launch conference was held in March 2024 with around 60 higher level executives in attendance and received good post-conference feedback. The UK Religious IEquity, Diversity and Inclusion (REDI) Awards were given for the most Faith Friendly companies Baringa Partners, Rolls Royce, NATS, OVO Energy and Thames Water. A reception with the APPG for Freedom of Religion and Belief on the following day celebrated the winners. Regular zoom meetings restarted in June and have covered faith initiatives at Rolls Royce and Baringa Partners, chaplaincy at Canary Wharf. spiritual wellbeing at work with the global wellness officer from PayPal, an open forum for discussion, providing content for Inter-faith Week and a session on encouraging businesses to engage respectfully with the religious festivals of different faiths. Finances We give thanks for a 13% year-on-year increase in our income compared with 2024, which also represents a doubling of our annual income since 2021. Translorm Work Income& ExpendSture Donations accounted for two thirds of our income. and the remainder from grants including the Haldane Trust which kickstarted our work in Scotland above. to ?tQD 2lllJ zro4 Our income was marginally higher than our expenditure. with our main investments being. a) Refresh of our website. which included simplifying the back-end system so that future changes are easier to implement. These changes mean we are making greater use of the website. for example registration for events. This will increase traffic to, and use of. the website. b) Klckstart Scotland. where we hired Andrea Thomas to initiate this project, and then continued it through our CEO, Ros Loaker. We launched the 100 Campaign in November. with the aim to increase the number of regular givers to Transform Work by l 00 people. By the financial year end. we were already over 10% of the way towards this target. We were delighted with the generosity 19 transforniwork of those who joined this campaign - we asked for a regular do[￿tIOn of £IO/month but most people signing up are gFving signfficantty more than this. This will provide a stronger financial base to the organisation, which we can supplement through grants. one-off gifts and other income sources. We have also undertaken a comprehensive review to identFfy new income streams. This has involved input from our team, Trustees, Ambassadors, leaders of Christian Workplace Groups and a dedicated workshop at our Team day. We now have some clear changes to introduce. which we aim to roll out through 2025. Help Transform Work transform every workplace Transform Work has the largest datsbase of Christian Workplace Groups in the country. We support each one of them through our Ambassador networK our extensive resources and through our partnerships with Christian Professional Sector Groups. But we know this is only a fraction of the total number of UK organisations with Christians working in them. We also know that not enough people know about Transform Work and the vital work we do to support Christians on their everyday frondine - their workplace. Our vision is that every workplace In the UK has a Christian Workplace Group (CWG), supported by Transform Work, that is equipping and supporting Christians to do their best work and infuse their organisations With the message of Christ. Thank you so much to everyone who Is already supporting Transform Work. whether that be financially. through prayer. through involvement and in many other ways. You are helping us achieve our vision. If you would like to strengthen our ministry financially, we'd be delighted if you would consider one of these options: or 20 Emajl: office@trdrtsfomiworknet . transforniwork Finally Thank you for reading our annual report and we hope that you have been inspired in seeing how God is growing our mission in the workplaces of the UK and beyond. We are keen to play our part through inspirins connerting equipping and representing Christians in the workplace. as we look to see spiritual transformation come to the UK and beyond. We invite you to Join Transform Work as we live out our amazing calling as believers as expressed in 1 Peter 2 v 9-10= ' You are a chosen people. a royal priesthood. a hoty nation. God's special possession, that you may declare the praises of him who called you out of darkness into his wonderful light." We need your support in a number of ways, so please consider whether. you could be a volunteer Ambassador in your region or business sector, helping us start and support Christian workplace groups you could volunteer your skills and experience to support us. for example in our office team, in marketing, social media or in fundraising you could support us financially. whether through monthly donations or with larger gift to accelerate our. mission in a specific area. We have such a great opportunity to influence the workplaces and the nation at this time. Please contatt us at Office@Transformworknet for more details on any aspett of this annual report or to offer your support. Thank you. Ros Loaker Chief Executive Officer Transform Work June 2025 Julian Shellard Dirertor and Chalr of the Board Transform Work June 2025 21 transforniwork Trdnsfomi Work Statement of Financial Activities. including Income and Expenditure Account for the year ended 31" January 2025 Tolal funds 2025 Ojnrestricted) Tolal nds 2024 (Unr8$trietsd) Nofe INCOME Income and ondowmonts from: Donations, legacies and grants Chaiitsble athitP5- ￿venUe eamed Invesfments Total Incomlng resourcos 55,714 1.667 47,408 30 EXPENDITURE Expendituw• on: Charitable aclivitles Totsl expendilurn N•1 Income for tho yoar 2.989 2,115 Tolal lunds brought tsrward 8,968 6,853 Tolal funds caffri?d forward 22 Trdnkn Work, 8 MarthaLEea Road, London. SEI IML. Rojistered Chatity No. 1121J053 . ￿MpanY No. 6203863 .h*transforniwork Transforni Wor Balance Sheel as at 31 st January 2025 Note 2025 2024 FIXED ASSErs 152 CURRENT ASSErs Deblors Cash at bank and in hand Total current assets 4,126 9.857 13,983 1.193 9.748 10,941 CREDrfoRS: amounts falllng due within one year (2,026) (2,125) NEf CURRENT ASSETS 11,957 8,816 TOTAL ASSETS LESS CURRENT LIABIUTIES 11.957 8,968 FUNDS OF THE CHARITY Unrestricted funds 11,957 8.968 The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small o)mpanies. The members have not requlred the ￿rnpany to obtain an audit in ac￿rdanCe with secjion 476 of the Companies Acl 2006. The directors ad(nowledge their responsibslities for (x)mplying with the requirern8nts of These accounts have been prepared in accordance with the provisions applicable to small companies subject to Ihe mll wmpanies wime and in ac(x)rdance with FRS102 SORP. These aco)unts were approved by the Board of Dllp(*oJ5 on 7 May 2025 and were ined on its behalf by: Stephen Doel. Trvstee Director responsible for finance 23 transforniwork Notes to the Accounts for the year ended 31st January 2025 1 A¢￿UntIng Polld•s Basis of P￿paRtI0￿ of the accounts The aco)unts have been prepared under the histortcal cost convention. ¥lth ileTh6 rec￿gnISed at o)st ortransathn value. The ac￿Unts have l)een P￿pa￿l tn aru)￿ance vjtih the StsteNonl of Rewrnnded PTrdry: Acqxwnkng and Reporting by thetr accfjunts tn aixxiNlaTrce vthh the Financial Reporting Standartl applicable in the UK and Republlc of Ireland {FRS 102) Issued on 16 Juty 2014, and vAlh the Flnandal Reporting Slandaro applkable lft the Unfted Kwigdom and Repubk ol IRland FRS 1021 and with the Cthaiities Ad 2011. The has laken adwanlage of the exeThylion ￿ FmanLial ReportBIg Slandard 102 SedbTh 1A Entilres [￿￿thE WUi￿n%￿l tD pwdu(z a Ca* FTOW SlatenEnl. The trustees wnshjef that there are no nNqtetsl un¢>rtalntles about th• charfl￿9 ablity to conlinue a5 a going (x)n(*m. The acx4)unts have been prnparnd using Ihe Ac(¥uals nrthod. as TrqutThl for a thglilabte Iwany. 2 Tanglblo Flxed A8SOt8 I￿P￿(￿alK}n Is prDvided at tho foknng annual rates In order to off eath asset over lis esliTholed useful life: Office equlpment - 25% of cost COST 801 bf 1102r2024 tk5posoL% Bal d 31101r25 304 404 DEPRECIATION 881 bf 110212024 th5posals Bal d 31101125 152 -152 NEf BOOK VALUE AI 31101125 At31101124 152 3 tncome from iyonatlons Legacies and Grants 2024 T¢lnty Ministrfes grnnls Hafqlane gwant [knna[￿n5 fTum thurtthes and organisations Other donations Gift a¢d 7.200 10.QOO 12.560 20.866 5.088 6,300 15,814 20.308 4'.986 55.714 47.408 24 Trankn Wort 8 Mar5halsea Road, London. SEI IHL • Registe￿ Charity No. 1120053 . Company No. 6203863 transforniwork Transfomi Worf( Notes to the Accounts for the year ended 31st January 2025 4 In￿rne from Charftable Activities Fundraising ina)me Speaker fees rnceiv8d Confereno fees received 17 100 1.550 30 5 Anatysis of Expenditure on Charitable Activities Slaff wages Employerfs Pension costs Slaff axpenses (subsistensls - insurnnce - zoom and softvrare subs and exp8nses - paSryDIVpension admin costs - phone and work f￿rn home costs - adffun seThiL*S - other admin expenses Bank tharyes Advertising. rntheltng. promoiion81 Website expenses Website design and rebranding costs Hubb training Venue expenses Confe￿n￿ 4x)sts Fundraising ¢x>sts Annual rnport (¥)sts Independent examiners lee Depreciation of office equipment Loss on dwsal of equipmenl 33.428 924 27.252 745 766 329 771 522 534 756 396 9.684 29 10 286 958 900 512 496 774 396 346 14 297 923 1.988 450 380 678 2.481 144 528 350 76 413 375 152 6 Debto 2025 2024 Gift aid deblo Conference prepay￿￿nt 3,646 480 943 250 25 transforniwork Transforni Work Notes to the Accounts for the year ended 31st January 2025 7 Creditor5: amounts falling due w6thin one year 2025 2024 Trade ¢￿dItorS Pension (xedÈto Conference fees recetved in advance Accnjals 770 149 732, 375 780 145 850 350 Charity Funds 2025 2024 Unrestricted funds: General funds Bal bf 1r2124 Net income in the year Generdl funds cf 3111125 8,968 6,853 T•)lal Ihvestricted funds 9 Trustee fEmuneration and benefrts Nofte of the tNstees have been paid any Kemunerdtion or received any other benefit [￿M an enWro￿nt vjith Ihe thaiity. Expenses were paid for twstees fulfilling their dutiès as follows.. 2025 2024 Trustee travel and hotel expenses 771 10 Average Number of Employees During the year the average number of employees vas 3 {2024 - 2). 26 Email: office@transformMJrknet . •4%transforniwork Inde endent Examiner's Re to the Trustees of Transforni Work the Accoun for the ear ended 31. Janua No. 1120053 No. 620386 2025 I reytw the truAee5 on my exarniTh*ion 0fth¢1￿m￿ ofthc knv¢ ¢l¥ari4bk ¥l￿P￿ry for ytar ended 3 5° January 2025. As the clwity's IT￿$*¢$ of the company (who aff Ilso the directors of the company foT the purp) 0rc4jmp￿Y IRW). you art resp)rt%iblc for thc prtywation of the #r¢L)unts in xcordpntt with the ffquiftmcntsof the CoMNii¢s Ad 20061XK 21￿0 W. Havini ytisfied myself the acc4)unts of thecompny ar¢ not r¢quired to bE for this year under Pffj 16of the 2006 Adand are elI￿Ne fDT ¢xaThJ1]￿lK I r4￿rt in rt¥)¢¢aof rny examination of the dw's •Lr4>uTrts as (￿le4 under s￿l0n 145 of the 2011 lJwitit5 A flh¢ 2011 A¢il. In carrying Out my ¢xamination, I have followfAI the DIr￿li0n5 iiwen by the Charity Comffliyion unthr S￿¢10￿ 145(5Xb) of the 2011 tem - the acroJniin8 r￿)rdS were not in with stttN)n 386 ofthe Comwiies A¢1 2006; . or the did not accord with th05¢ re¢4￿. - or ts I¢4¥M￿ts did not l￿PIY with ￿l￿1ftt wuntin8 m4uirnnentsundu s￿10￿ 396 rjfthe Cornpmnies 2Th)6, other than any Teyirement that the ac¢ountS 8ive a ￿rue and rai￿ view, which is no¢ a maUtre4)nsid¢rnl os part of an i￿￿d¢￿t ¢xami￿rIOD. which attention should ￿ drnwn in this report in othr to enable A proper undustsrdin8 of the 24l¥_I, Mts. C￿01c Cowgill ACA 4 Pamy Mcadow Capel SL Mwy IP9 2UU CHAIITEIIEO ACCOUNTANT 27