atlonal The National Flood Forum (A company Ilmftad by guarantee) Regi8tsred charity no. 1121642 Compary Th). 04349401 Annual Report and Accounts for the year ended 31 March 2024 National Flood Forum Annu81 Report and Accounts yle 31 Mar¢h 2024 Contents Pag• no. Trustees, Report Stslement of Trustee's responsibllities Report of the Indapendent Audltor 8-10 s&￿8m8nt of Financial Aclivitles 11 Balance Sheet 12 Cashllow statement 13 Notes to Accounts 14-23 National Flood Forum Annual Report and Accounts yle 31 March 2024 Trustees, Annual Report The Trusleos, who are a180 dlrgctors for Ihe purposos of ts Companles Act 2006, PTesenl their annual report and firk2ncial slatemants for the year ended 31 March 2024 which Is also prepared to meét the requirements for a Directcn. reF￿rt and accounts for Companles Art Purposes. The financlal ststsments comply wlth the Charhlès Acl 2011, the Companlas Act 2008, the Memorandum and Artldes of Assoclation Bnd Accounting and Reporting by Charilles: Ststement of Recornmended Praetlce appllcabkn to ¢harftias preparing thelr a¢wunts In accordance with the FlnarKial ReportlNJ Standard appllcabla In t￿ UK and RepublK of Ireland {FRS102). ObJ•ctlvos and Acllvltl•g e tharity's object is the protsction of frfe and propertyfor the benefft of the pubfic in partlcular where ￿e and property Is affecied by or at rfsk of being affected by flooding on a significant scale. This is achleved by: a) Wofking eilher alone or wlth business or olher strategic organisattons. whether private. public or statutory. to reduce the risk of flooding, to minimise thè material damage caused by and the social, environmental and economic effects of flood5ng and to asslst in recovery from the éffects of fiooding; and by b) Provldff￿ or asslsting wtth, promoting or improving access to edL￿ation or training with a vlew to reducing1h8 risk of flooding. mlnlmislng the materlal damage caused by and the social, environmental and economic effects of flooding and to assist in recovery from the effects of fk)odlng° The charity's alm is to reduce 88 far as possible the lrnpact of flooding on all those who hwle already 8uffered serlous flooding or who are at slgnfficant risk of Ilooding. It does1his through actsvities whiGh: 1. Provid8 Irrforn￿tson and advlce, such as Ihrough the webslts. publicatlon8 and advlca Ilne: 2. Provlde practlcal, face to face supwt for poop￿ have ba8n ffooded throughout the rec4very porlod: 3. Help poopla to understsnd thelr flood risk and to organise flood actlon groups so that they can engage wlth rlsk management authDrlllas proactlvety to effethely reduce the rlsk of Iloodlng and Its imp8cts: 4. Improv8 flood rf8k management pollcies and operatlonal delivery through engagement wtth local and c•ntral govornrnenl its agenci8g, the privatè sector (such as the Insurance indu8try) and the voluntary sector. In carrylng out the8e activities the charfty works extenslvely ￿1th thlrd party organlsalEons: l. Local govemment, Environment Ager￿Y operational teams, water companies, larKlown8r8. other volunlary offJanlgalton8. loss adjusteTS and Insurers when W￿1r￿j dlredy wlth people at rfsk of fiooding. Facllftaiing engagement in recovery situatton8 wlth these organlsallons aims to provlde direct support to people who have flooded. Th8se organisatlon8 may e8¢h aLso have roles in flood risk management, so our worf( to sét up and develop flood aclion groups IA de8lgned to enable and support a construclive and proactive dlalogue. Our independenc8, togetherwith our knowledge of flood rfsk management and ourfacllltation skills allows us lo work in Situatior￿ where others can'l. 2. Central and local govemment and Its agencies. the Insurance Industry. emsunancies. rkltk)nal voluntary organigatlons when working on better pollcies and thelr delivery for those at flood rfsk. Thls also Indudos encoufaglng and participating In (as part of sleerir¥J groups or in gathérlng information) research and projects that will help people to protect themsefves better. For example, th8 Natlonal Flood Forum par￿CIpated In a project to make available to tha general publlc tha information. data and methodology for devekjping and evaknating flood defence schemes. National Flood Forum Annual Report and Accounts yle 31 March 2024 Th• charW8 maln ob1oct1v￿ for the y•arw•r•: The overall of tha charfty femalned. as refiectod In the Strapllna. supportlrrfJ and repre8entlng fiood rfsk ¢ommunllies. Our 8trategic priorlts8 are: Our Strategy Wothg wilh ￿mmUnitIeS andpertners, we 8UPPOrt those St rf8kfiDm ftoodlng and help them recover. Our alm To end the fpar offi￿dIng. Ow long4wm goals All people in England and Wales arn better protected from fioothg - they are 8ble to obt8in affordable household Insurance and tha value of theirpropgths and possessions Is secured. If they do fiood, thelr heatth and woubehg is supportad in the short andlong tem7. Who wo aro and what we do As part of thé floodad communlty, the Natlonal Fla¢xl Forum Is a charlty that supports communitr8S to tackle the thlngg thal matter lo them; creating hope and reducing the fear of floodlng: ￿lping people to work together to reduce fiood exposure and Its impacts. both physical and emotlonal: We work With people to holp them bulld local Ilood action groups and notts*Drks that can support thetr communlkn, We act as honest brok8r8 and facllttatorn. Wo Support people with advice and ￿ldarth. W6 help people to r￿0Ver from flooding and rnanage thelr risks for both the Short and the long terrn. We champion1&8ues wlth govemment, polillclans and offlclals, to Improve floodlng policy and incre&8a funding for ffiood rl8k management and recovery. We work wtth partners to Infomi them of the i88u&s and concam8 that paople at Ilood rfsk face and encouwe them to WO￿ wlth us in way8 thal will Improve people's Ilve& We encourag8 partners to 8UPPOrt us, so that we can reach out to comrNnlt188 and indlvlduals to help them wlth the things that we excel at 8pocmc targots for tho y￿r to holp dollver thls Indudod: Supporting as many fiooded and at-risk people as posslble our helplinè, webslte, Social medla and our work In COm￿￿nitieS includlng Recovery Sorvices and Flood Action Groups. Buikling Income through partnership. fundrnising and IdentlfylrvJ new area8 of grovAh and incomo genevation, Indudlng training and congultancy. Devaloping more and stronger stake1￿Ider r•lallonships being an affeclive and Valu￿ delfvery partnor. Ading a8 8 r4ltical frlend as well as belng collaboralve. D8veloplng a Carefully targetlng and 8trat8gic communlcakn8 and PR pl8n. Campalgning on those thlngs our communlty cares about most and en8urlng our volce 18 heard on a natlonal Stage with an aim to Infiu8nc• pollcy declslons. Developlng a way to 8how our Impact and evaluat• our work. National Flood Forum nnual Report and Accounts yle 31 March 2024 Supp)rting and developlng our team through a prof￿$lOn81 framework The work of ovar 350 actlve flood actsDn groups around the cntlnued deslre to Intrea80 dellvéry and athlty. Rostrlcted funds funds provided for 8 speciftc purp08elproJact and are Set a81de unlll 8penL Restrlcted funds at 31 March 2024 were £64.953 (2023: £1.141). Golng Gon¢•rn At thls polnt In Ilme fundlng for 2024125 Sndudes a 8Ignlftcant amount of 88cured fundlng arKI18 8Uffv￿ent to me rrent staff and other ￿Sts. We ¢xntinuo to 8s8&8s tsks around ¢hange8 In projects and fundlNJ and therefore we regularly revlew PDsslbla conlinpnclas that (x)uld be put in place to reduce costs sl*JJld 8 f￿dIng shortfall ar18e. The80 induda.. Redeploy staff lo maximise 8ffiden Reduce staffing leve18- Ihe cost of mak￿￿ 811 staff rothndant (£47,091) ha3 been 80t aside In rns•rves to covar thlg. Red￿l￿)n6 wll need to be proportlonat6 to the level of income D•velop fijndlng multiple fundiWincon* stream8 Forecasts to 31 March 2025 & beyond sugge8t free re8aryas of around £500,000 WIN be avalable to cary foThvard Into 2025126, whl¢h 18 suffldent to m￿t CU￿ent raservos poky and rurnlng costs. As such the Tr￿$ believe It appropriate to prepare the88 accounts on a going concern basb & confim) that they arn wnfttlent of tho future vlablllty of the Charlty for at1088t 12 months from the data of this raporL Stru¢tura. Gov•rnanu and Manag•m•nt The Natlonal Flood Forum INFF) b a (xjnpany lknlted by guarantee. as d•ffned by the Companies Act 2006. 11 was In(x)rporated on 8th January2002 and reglstared as a charfty on 21•t November 2￿7. It l& govemed by tts Memcrdndum arKI Artldes of A8sociallon as amended by 8peaal r8801utions dated 14* November 2007. 10th Marrtj 2009 and 28th October 2014. As a charity, In the opinlon ofthe Trustees, it complies wlth the provislons of Sectlon 60 ofts Cryanias Act 2006, whlch oxempts it from the rnqulrement to erKI its name with Ilmllerf. Throughoutthis report It will be rnferr•d to a8 ￿ charw. Responslbllty for Ihe govemance of th8 charfty re81d•s wlth tho Tn￿tOes. Day to day Oper￿￿1n3 18 nmnaged ty the Chief Execulive. Thero w8re 13 Trust￿$ who sarved during the year, as shown below. At the end of the year there wére 12 Tru8te88. Trustee Indemnty ImUran￿ Is h place and is pald for by the chathable company. Arr8ngem8nts for Se￿ng pay for 81aff was Introduced pMviou8ty. following a bon¢hThrkhg exerct8e agalnst charlU8s, the Envlronment Agency and local aUt￿nI18s. Pay forthe Chlef Exgcutfve is set by the Board. A revlew of 8taff salarfes w88 Ca￿led oui which Included a staff pay risa of 6% slighty abov• Infiation at 111 Aprll 2023. Natlonal Flood Forum Annual Report and Accounts yle 31 March 2024 In accordance wlth tha Artldes of Assodalion, new Trustees are appointed by 8 slmple majorlty vote by the Trustees at a duly convened meetlng. selectbn of new Trustees consKler6 the particular ski118 needed by the Board at the tim8. Now TNStees re¢8lvo an Induclion pad( conststing of the Merrrfyandum and Artlcl8s of *A$oclation, Charitsble Objgrts, detsiis of Ihe role and r8spon5ibilitles of Trustees, strategy and busln&88 plans. ￿1 Trustee8 have the rfght to receNe training, at Ihe charlty's expense, In order that they may under8land tr*lr legal obll9ation8 and fuini their role6 arKI statutory dutles. Tho T￿￿teeS have carried out an as8e8sment of the major r18k8 to whlth. in thelr wew, the charity ts exposad and ocedures have been impl8m8nted to manago1h09e risks. Tho main risks for th8 Natlonal Flood Forum relat• to fundlng and staffing. Funding com88 predominanty from the publlc Sector. parllcularty for work undertaken. Th18 SUPPOrts corn aGtivlUes such as the 8dvl¢e Ilne. Wlth the contr8Ctlon of pub15c Sector, there are fewer contracts. and they are taklng loryer to negotiate (up to 24 months). To miUgate thls the Natbnal Flood Forum has and contlnues, to put In signiflcant efforts to diverstfy funds, bulldlng up revenues from Blue Page8, developlng bids for Re8111once & Innovation wdects. developlng tralnlng and donations. In addition, new pathers have been sought, such a8 Local Resilience Forum8 and soclal sactor organS8ations. Nevertheless, funding remalns the blggest Issue. R•f•rnnce and Admlnlstratlve Informatlon R8glslered company no.: 04349401 (England and Wala8) Reggtered charty no.: 1121642 Reglster8d office: MFG Solldtor6 Adam House Blrmlngham Road Klddermlnst•r Worcestarshlre DY10 2SH Tru8te8snlrectors: D Johns (Ch8ir- re81gned 1 November 2023) E Isnenghl P Mehring R Haddon M Green D Goff (Chair- 8ppolntsd Chair 181 November 2023) S Prf68t L Jones P Bide C Woolhou$o T Fu118r (appointed 1 Novérnber 2023) C Wells (appointed 1 November 2023) D Flartin (appointed 1 November 2023) A S Davies Company Seor8tary: Chiof Executlv•: Tracey Gayrett Bank: The Cfroperalivè Barl( PLC PO Box 250 Skelmersdale WN8 6wr National Flood Forum Annual Report and Accounts yle 31 March 2024 Audltors: BK Plu8 Audtt Llmlted A2zu￿1 House Walsall Busln888 Park Aldridge WS9 ORB Webslte: ruffi. )proved by the Trustees on 5 November 2024 And 81gn8d on their behalf by D Goff (Chalr) National Flood Forum Annual Report and Ac£ounts yle 31 March 2024 Trustees, responsibilitles in relation to the financlal statsments The t￿￿tee9 aré also dlrectors of The Natlonal Flood Forum for the purpo808 of company law) are responslble for preparfng the Truste89' Annual Rew)rt and the fwbandal 8tatements In ecconlance wlth applicable law and Unknl Kwigdom Accounllng StarKlards {Unlted Klngdom Generally Accepted Accixmting Prncth•). Company law requires Ihe tru8tees to prepare financial statements for eath financial year, Ithich giv8 a true and fair iow of the slate of affair8 of the charilable conwary and of Ihe hcome and expendI￿re of1he th8ritabl8 cornpany for that Pe￿d. In preparing these financial statements, the trustees are required to: select sultablo accountiNJ wlideg and then apply them corL8iStenty, obwve the mathods and principl&s In the Charltles SORP: make ludgements and estlmates that are reasonat4e and prud8nl; state wh￿her applkable UK A(xounling Standards have been follwed, 8ubJect to any material departures dlsclosed and expl•ned In the financ￿ staternents; prepare the financlal 8tatements on the going cA)ncem baw unl8S811 is inapproprlate to presume Ihat the charltable company wlll conllnue in operat￿. The ￿stee$ arn r8spon81ble for keeplng adequats accountlng rocords that discbse wfth roasonable ac￿raCY al any tlme the financial posillon of Ihe chaTitable company and enable them to ensure that th8 financial slaternents comply wilh the Companles Act 2006. They are also responsible for safeguardlng the assets of the charilable company and henca for taklng reasonable steps for the prevent50n arml deteclion of fraud and otrBr Irregularfties. Stalement ￿ to dl8closur• to our audllorn In 80 far a8 the trustees are aware at th6 time of approvlng out Trustees Annual Report and Accountg: there18 no relfrvanl InfonnalEon of whlch Ihe charftablg wnPan￿$ Auditor Is urmvwe: w)d the tru8tee8 have taken all stsps that they ought to have taken to make Ihemselves aware of any relovanl Informallon and to establlsh thal the Audttor18 awarn of thal Informatlon. National Flood Forum Annual Report and ArLounls ylo 31 Morch 2024 INDEPENDENT AUDrroR'S REPORT TO THE MEMBERS OF THE NATIONAL FLOOD FORUM OplTrlon We audlted the fflftgndal $tatThnts of the Netlon21 Rood F(Yurn {the 'tharflablè Cornpa￿) for the yeqr ended 31 March 2024 whlch (a)m￿Se the Ststement of Financlal klivities, Balartt Sheal arKI note8 to the fjnanclal 8tatsrMnts, Including a B￿nMary of raficant acwunung polldos. The Ilnandal reporting fram8th thal has boon applied In th•ir weparatton18 arpllcablo law and Unrtod Kingdom Ar¢{￿ntIng Standards. Indudrng Fln8ndd ￿pOrting Standard 102 Th• Flnandal R•pthg Standard appknbk• In th• UK8nd Repth ollrnland {Unlted lfjngthi GerwallyAccepted A¢￿un￿0 Pra¢tto). In Ouroph￿n the flnandal 8tat•monts: glvo a truo and falr ￿•W ofthe slate of th& (*afflable cnmpanls affair8 as of 31 IAarch 2024, And of it8 Inwmku re5our￿$ appIl¢all￿ cf r89(wrcas, Inttluding ts Income and expendllurè, for tho year ttwi •nd8d; hav• boBn wjperfy prepared In a¢cordan¢x wlth Unll8d lfjrfjdom Gonornly A￿pIed A(%￿rrt[ng Prackn; arKI have been prnpared In afwrdance wtth thg rnqulr6m8rbts erf1￿ Companleg Act 2006. BMIS for opknlon We MnthKted our autht Fn ac￿rdanCe *lth Intsmationol blandards ￿ Pjjdlng (UK) (18Aa (Ulq) arKI applirAblo law. rosp￿ls￿lI11iè¥ under th058 standards aré fvrther des￿bad in Ihè Audltorfs rnsponslblllues for the audit of the financK81 slal•mgnts 8rflon of our reporL We are independent ofthe charftablè Company in aC￿rdance *ith Ihe ￿hle￿I wulroments that ar• rnlevant ow a￿lIt of tho Iln8ndal 8tatsm8nts in the UK, inc1￿31ng lh8 FRtts Ethical Standa￿, and we have ￿mIlled ￿r othgr ethical re$p&nsl￿l5tss In acconlan¢e thèse rnqiHremerts. We bellovo that the autht ovidenca wg haw obtaingd arKI approwFat8 to provide a basls lor our oplnion. Con¢luslons r•lallng to golng conc8m In audllkn9 the fjnan(aal 8tatements. wa havo (￿luded that th6 trusla05' use of the going r￿C*M ba818 of a(xounting In tho prepwakn of tha finand818tat•ments 1$ aPP￿pT￿ts. Based on th• work wo hav8 Fwtomied, have nol idontified any matsrial uncartainllas rnlating to ev¢nt8 cy tt)ndItM￿S IhoL indmdually or colknkn￿, may ¢a¥l 8ignlficanl doubt on the chariiabl• companys abillty lo continuè A$ a 90ing (¥MKem for a perKJd of at knAst twelv• morth8 from when the financlal ¥latements ar• auth￿1$$d for i8sue. Jr resp￿￿1￿￿8$ and thg mpon8iblll0a8 of th&tru¥t￿8 wllh respo￿ kn goln9 riu if. In ouropinion: adequate acoounlrva rncordj have not been kgp( or relum8 adeqtsate tr our authi hava not baen roL*lved frorn brnths not vlslted by u4 OT the11nanclal 8tatsments not In agreemeni*lth the a(munting records arKI retums; or certeln di8dosureg oftru8ts08' rnmunorat￿ swffied by law arn not rnad￿. or we hav6 not rec8lYgd all the iTrformatTron and oxpl8natsn8 we require forow audlL or tho trustO08 not entillod to PTeparg th8 ffinanclal Statements In acxordancé %*lth tho small wmpfinlgs, reglme arKI tak• advantsge of small c(Thpani88' axenwtion in pryiffj the diractors. rw R•spon•lbilitio of Iru•to A8 oyplalned more fvlty In the truste￿. r8sFh￿SibIllll88 slatomont set out on page 7 th• tNstsgs (who are th th8 dlre(*ois of tho charitabl8 ccffipany for thp purpos8s of ryjrryany law) awa re9F￿￿1bI8 for the Prnpara￿C￿ of the finandal statsments and for bolng satisf￿d that th8y a true end falr view. ond for such Intemal uJnlrol 89 the tsvJt8es d¢tsm)Iné Is ne(xsary to ¢nBblg lh• ralicm of fjn8nclal 8tatoment8 that ar• frne fNxn nmtsrfal mwtsternenL due to fraud or a￿T. In wepthg Ihe finandal 8t8temonls, the InJsteU are resporwible for a88088iThJ the dwriiablg rA)mpanrf8 ablllty to wnttnuo ag a golng concem. disclo&lng, a8 appU￿ble. matters relatsd to golng tt*rnem and using the golng Concem ba8ls of ac(¥)unting unless the trust￿ eith8r Intsnd to Ilquldat8 the thoritable (ximpany or to C888e OFwation8, or hav8 no rgalth altem8tlvo but lo do ￿. Audltofs rn8ptsnslbllStl•• for Ihe audlt gl th• Ilnancld stat•m• We hava boon roappolnt8d audStor under the Companth Act 2006 and rewt In acc(Ydanea this Act. Our obptha8 We to obtAin rea¥￿atrA8 865uranr* about tho ffinancl818tatem8nts a$ a vtholo are freg from materwl mlsslatem8nL whether due to fraud or error, and to i8¥ue an authtofs report that Inctud89 our oplnlon. R888onabb assuran￿ És a hlgh level of a¥surance,but15 not a guarantee th81 an oudlt conduthd in acthrdance ISA# {UKI V•ryll a￿ys detect a malerfal MIs&tatsff￿nt whgn it exlsts. Mls8tatsments (¥n arise fT(xn fraud or orror arg (#)n&idwed material rf. Indivldualty or in tho aggreqats, thay ¢￿Id rea8onabty be oxp8¢ted to trrfluance the economlc d8dsl¢)n8 of usorn taken on th8 bast8 of these finenelal A further de8crfption of our ¥Bsporolblllttg5 for the crf1he ffinanclal slatements18 locatod on the Flnandal Reporbng Coundl's websrte aL" ¥hY￿,frC.Ory.uk1aUditor8re8p0n9lbllftIa$. Thls d08Won fomts part of ¢yJr auditof$ rnporL Exbnt tg whi¢h th• audlt wwld•r•d ￿P￿bI? ol d•t•¢llng Irr•O￿alItI￿•. Includlng frnud Irregularill88. Induding fraud. arg in8iano8s of noT￿MplIanCe •Allh lav•8 and regulation8. We design woc¢durns In fino wllh ¢Jur r8sponsbbililie8. outllned at#)ve, to detert materlal Mlsslaten￿ts in of knegu1arlt￿s, Indudlng fraud. Th oxianl to whi¢h our proc*dures aro Gapable of dotOCting irregularities, IndudiNJ fr8ud.ls dotalled bolow. From th& prnlimlnary 8tage of the audiL we en8ur8 our und8rstandirKJ (*tho ertlty Is up to dats. Th18 Indud8s, but is not limlt•d to. curr•nt kr￿vA￿d90 of thdr activities, the bu$inass and Control envlronmonts, and tholr Cornplian￿ with the appTh(abl• legal and regulatory frameworks. This Information supwrts our rfsk id8ntlficaticfi and the subsequont design of Budit prncèaures to mlttgat• those rlsk8; en$urfng that tho audit evlden¢o cOtalnod18 sufficignt and apF((yrSate to support our o￿nIon. In rnspons• to the risks 1ttenff￿, to Ihi¥ ￿. we do81gn￿ prwodurns vthlch included. but wero not1Smlted to: Enquiry of rnan8gemerf and those cfArg8d wtth 9￿ManC0 around aclual and ￿lont[al Ilbgabm and clalms: Revi6*Aw mlnuts8 of meeting5 01 thosè charged with govamfinco, rfavallablo: Reviewng finanoal statement dlsdosurns and tsskng to Supp￿ d0UJ￿ntatIOn to (x)mpliance With applteable l&wg and regulations; Audltlng lh8 rf8k of managemant ov•rride of controls. hduding thwh tests'ng loumal éntrfes and 01hgr adwnonts for approwiatsnesg, and 8valuatlng tho buslness rallonth for 8lgnlfKantlransadlon5 ouislde the normal cour¥e of lyJ8iw. National Flood Forum Annual Report and A¢￿Unts yle 31 Marth 2024 U*• of our roport Thls roportlsm8d8 8olelyto th8 (*arilable as4 body. in x(xydan(%*llh Clwter3 of Part 16of Ihe CompanigB Acl 2(K)6. Our audft work ha5 been undertaken so that we Might 8lale to th? d￿rfIable ￿pan￿8 M81rt￿ thcv mallets w8 arn required to stats to them In an audltDrf8 report and for no other pury)080. To th& fiI18st axieTrt pemiittad by kw, we do not assume resporthlllty to aryTh* oth6r Ih8n th• iknitablo cA)mpany (*8rilabl8 (xJmparf8 rnmtffl a8 a tK>ty. forpw a￿lIt worK hr this weporL orfor the ot4ntorr6 we have f01m￿. Chrf•tophar CA. (S•nlor3tslutory Audllo For arKI on behalfof BK Plus Audit Unitsd Wal8aU Road Aldrfdge WAlsall WS9 ORB 10 National Flood Forum Annual Report and Act￿unIS yle 31 March 2024 Statemont of Flnanclal Actlvltlas (Incorporating an Income and Expgndlture AcGount) For the year ended 31 March 2024 2024 Unrestithd Rwtrlrled Total Funds Fundg FurKI 24)23 Tolal Funds INCIXE FROM: Dornli(Th and legao86 10,092 10.092 669,833 297.433 967.066 764A66 T(yfAL INCOME 079,725 297A33 977.158 770WO EXPENDrruRE ON: Ralslng funds 27,241 27.241 24,615 Charitable actlvldos 452.759 228,278 681,037 515.354 TOTAL EXPENDITURE 48D.IMJO 228.274 708,278 539.969 N•t In¢omg for tho year ￿tor• transforn 199.725 69.165 268.880 23ffj581 Trnn5fer offundi In year (5,343) MET P4COME & NEf MOVEMENT IN FUNDS 205.068 83.812 268NO 230.581 RECONCILIATION OF FUNDS Total fund5 brOU￿t forward 42￿,￿23 1,141 430.164 199.583 TOTAL FUND8 CARRIED FORVWARD 13 91 64 953 699 044 The not88 on the followlng pagés fomi wl of the80 accounts. The 8tat8Thnt of finandal activitlgs Indud88 all galn8 and bsses In the year. All Income and exp8nditure arn derlved from contlnulng acbvibas. National Flood Forum Annual Report and Accounts yle 31 March 2024 Balanco Sheet As of 31 March 2024 FIXED A88Ef8 Inv08trn8nts Tangibl• a88¢18 3,039 3.040 CUPfftNT A88ET8 1.183 10 Cash at bank 8nd In hand 3M627 428215 Totsl agBots 784,096 501.987 Creditors.. amounts falling duo TMlhFn on• year Net (￿￿ent 11 174,863) 897,861 427.124 NET ASSETS 14 699,044 430,164 FUND8 OP THE CHARrrY Unrnstrict8d- Gengral U￿r￿trictOd- Des￿91ed fund Total unrestricted fundB 587,091 634,091 429,￿23 TOTAL CHARifY FUNDS 13 The88 accounts have been prepared in accordance wilh tho provl8ion8 applicable to companies 8ubJ8ca to the small cc*npanle8' regime and In accordan￿ wlth the pn>vi81ons of FRS 102 Saction 1A- Small en￿￿e8. Approved by the Tnmloas on 5 November 2024 And slgned on thelr behalf by D Goff (Chair) Tho note8 on the folk)wlng pagas fomi part of th886 accounts. Registsrnd company numbor 04349401. 12 National Flood Forum Annu81 Report and A￿oUnts yle 31 March 2024 statemant of Cash Flows Year ended 31 March 2024 2023 Cash flows from opgratlng actlvltlos: Cash g8neratedl(ab80rbed) from operatK>ns 95.531 Net (xgh provldedl(absorbed) by opernllng activlties 95,531 Cash fl¢xY8 from Inv•stlng actlvttlos: Purchase of tanglble fixed assets Interest received {1,354) Net cash generatedl(us8d) by inv8stlro actsvrties Chany In cash and ¢ash •qulv41•Jts In th• year Cash and cash equivalents at beglnnSng of the year Cash and cosh •qU￿alIn￿ at end ￿ th• yoar 325.697 (96,885) 73,772 170,657 69 Reconclllatlon of not Income to not cash flow from operating aGtivltlas 2024 2023 Net Income for tho year (as pgr th• Statement of Fln8ncW Acllvltles) Adjustments for: Depreciatson charges Loss on disposal of fixed assets Interest recelved Decreasel(Increase) in debtors Increas￿{Docre8se) in cr•ditor8 268,880 230.581 1.857 2.015 43,588 (305.516) 11.3n (22,611) Ngt cash provldedl{absorb•d) by operatlng adlvlti 95.531 13 National Flood Forum Annu81 Report 8nd ACc￿unIS y16 31 Mar¢h 2024 Not•s to tho accounts 1. ACCOUNTING POLICIES 8talus of th• Company The Charitable Company Is incorpttated In England and Wal88. Is Ilmited by Guarantee and does not have share ¢*al. The Ilability ol Its members 18 liMtt￿ to £1 member. IV8 rpgistered office i¥ MFG Solicitors. Adam House. Blrmlngham Road. Kldderminstsr, Worce8torshir4 DY10 2SH. Buls of prnparallon The financial Statements have been prepared In aCcord￿rn wlth AC(X￿ntIng and Reportlng by Charities: Statement of Recommended Praclce applicable to charities preparfng tsir accowts In accordance with the Flnancial Reportlng Standard applicab18 in the UK and Republic of Ireland (FRS102) (updated 1 January 2019) - (Charrties SORP {FRS102>). the Financial Reporting Standard applicabl8 in Ihe UK and Republlc of Ireland {FRS102) and the Companles t20￿. Tho financial 8tateff*nts presented are tPo8e of the charltable company and not of the group. The group q￿lh￿e$ for 8xemptbn from preparing consolldated accounts on the grounds it qualifies 89 a srnall group. financial statements have been prapared kn sterling, whlth is functional currency of the charllable Corn￿Y. Monetary amounts In the8e financlal statements are rounded to the nearest £. The Nafjonal Flood Forum meets tho definttlon of a pul4k benefft ent5ty under FRS102. Assets and liabllitjes are knillally re(x)gnlsed at hlstorical cost or transacuon value unless otheThvise 81ated in the relevant accountlng pollcy note{g). Golng Concorn The finandal statsments have been prepared on a going concern ba818 whlch &8sumes that the charftsble Company￿11 coniinue to operate a$ a going concem for the Mxt twelve monlhs from the date of slgnlng thè auditorfs repo￿ The charftable cornpansI8 currgnt busine88 plan and secured fvnding in place showa that It wlll be able to qjarate the foroseeablé fvture. Based on thls understsnding, the dir8Gtor8 belleve that it remalrbs appropriate to prepare thefinandal 8tatements on a going concem basis. The finandal stalemgnts do not inolude any adJustsn8nts, whlch would r￿Ult from the basis of preparthn barng InappropTlet•. FurlheM￿r•, the tharltable company ha8 no bank bmmryng or overdraft facility and ha8 no immedlate intsntion to obtaln such faciltties on the b8818 that tho dlrector8 balievo the tharllable company cen continue to operate wmhin its current cash posmon. All income Is recognised whan the ¢harrty hag entitlomont to th¢ fvnds, any performance condlilons attached to th& ttem(8) of Incorr• been met. It18 probablè that the income *lll be recelvad arKI the amount Lxn be m•asur8d rellabty. Income from government and other grants, whether'capital, or Yevenue'18 recognised when the charity has entlll8menl to Ihe funds, any performance ￿ndit￿1n9 attached to the grants have been rneL it Is probable that the incorm Mll be recelved and the amount Can be measured reliabty and Is not deferred. Incom. Including grants, Is deferr•d as necessary when the dorK>r speCI￿S that the income must only be u*d in fulure accounting periods or when th8 donor has imposed conditions which must be met bafora the charity has unconditlonal entillement. Expendlturg Uablllties are recognised as expenditure as Soon as there is a legal or constructlvo obllgation COMMIt￿l9 the chaiitable company to tha expendtture. All expendlture is accounted for on an accmals ba818. Expenditure Is classtfied under the folbwing actlvity hoadlngs: Costs of raising fiJnd8 comprises tho cA)8ts of Staff. publiclty and prfntlng in r81ation to the dlrect ralslng of funds plus an allocatlon of 3UPPOrt costs. Expenditure on charltable athity includes the c08ts of projec* delivery undertaken to further Ihe purposes of the charity and thelr as80ciatad Sup[￿ costs. 14 ational Flood Forum Annu81 Report and Accounts yle 31 March 2024 Alfo¢allon of Support Costs Supwl costs are those functions that assist the work of the chartty but do not direw undartake charitable adiwty. Support ￿$ts Indude back￿￿ costs, finan(x. personnèl and governanc• costs which support the charltable companys adivitses. Thase costs have ba￿ allocated to adivlties based on time spent and are shown in notes 5 and Fund aecountlng The charity has restricted and uNestricted furmls. Rastricted funds can be used only for Specific purposes wlthln the objects of the charity. as defined by donors or when funds are raised for a puryyjse. Unrestrtcted funds can be used Sn accordance with charitable objectlves at the discrelion of the trustees. Investrnent In sub8idiary (x)mpany is held at (x)st less 8(£umulat&l Imp8imient losses. Flxed assats Tanglble fixed a8sets. vAth a cost exceeding £500. are recorded at historic cost and depr8clated at annual rats8 to writa off the cost of each asset over Its estimated useful lite. The Mtes appllcable are: Compulers and equlpment 3 years Flxluros fittings 4 yews Motor vehides & trallers 10 years cash and ca8h oqulval•nts Cash and cash equfvalonts Indude cash at bank and in hand 8nd 8hort-temi doposlis repayable on or wilhln a three rnonth noti(* perfcKI. Debtors Tradè and ¢ther debtors are recognised at the setuement amount duo after any trade dlscount offered. Prep8ym8nts are valuad ai the amount prapaid net of any trade dl8counts due. Credttorn Credltors are re(x)gnlsed where the charity has a present obligallon resultlng from a past evenl that wlll probabty resull in the transfer of funds to a third party and the amount du8 to settle the obligallon can b8 measured or estimated rallabty. Leases that do nol transfer al th8 rfsks and rewards of ownernhip are dasslfied as operating ieas•s. Payments under operating leases are charged to the Statement of Finandal PLllvities on a straight4ine basls over the perkxl of the PoMlon• Employees are entilled to Join a money purchase pen5xon schem6 which is funded by contributlons frorn both employee arKI 8mployer. During the year employu contrlbutions of £12.274 (2023: £10.320) were made to the stherne. Contrft)ution8 are allocated to ectiviiles In accordance with related Salary (x)sts. Rèlated party transa¢tlons The charitable company discloses transadtons wlth related partles which are not wholly owned wlth the same group. It does not disdose Iransactions With members of the sarne group that are *l)olty owned. Judg•monts and kny sourtes of Estlmatlon UTh￿rIalnty In th6 appllcaliijn of the charllable company's accounting policles. the trustee8 are requlred to make Judgements. estlmates and assumptions about the carying amount to a88ets and liab111ti￿ that are not readlly apparent from othor sources. The estimates and a88odated assumptsns are based on hlstorical experience and other factors that wo consklered to be relevant. Actual results may dlffer from these estlmale5. estirnates and underlying a8sumpllo are reviewed on an onwlng basis. Revlsions to accounllng estimates are reco9nised In the perlod in whlch th• estimate is revl¥ed whwa the revision aff￿ only that peiiod. or in the period of the ravlslon fu￿re perlods W￿re the Trvlslon affects both ￿￿rent and future periods. 15 National Flood Forum Annual Report and A￿At8 y16 31 March 2024 2. DONATIONS AND LEGACIES 2024 Funds Funds Funds DonatKins Grants 10.092 10,092 T•)tal 2023 10.092 10,092 2023 Totsl Fund8 Unre8trl¢ted Funds Funds Donatlon8 Grants Totsl 2023 5.984 3. CHARITABLE ACTIVITIES Unre8trl¢tsd Restrlct•d Funds Funds 2024 funds Flood Rlsk Sw)port ott￿r tharitable acbvity: Flood Fairs Consultancyltfaè)ing Infomiallon SeThicas Recovery Suppl￿ & Trailer Mtal Exp8n80 recoveries and management f•8s 574,404 297.433 871,837 9,055 65,560 5233 500 14,881 9.055 14,881 Tolal 2024 Unr¢strlcted Re8ts1cted Funds Funds 2023 Total fund Flood Risk Supp(¥t Other d)aritable activity". ConsultancyAralnirvJ 446.601 236.381 W2.982 46,283 7.183 16.745 11.373 46,283 7.183 16,745 11.373 Recovery support & TraSlèr renlal Expense recoveries and managomont fees Total 2023 528 185 236 381 16 National Flood Forum Annual Report and Attounts yle 31 March 2024 Income fr￿￿ Charltabl8 ActlvMes Sndudes the foll￿1n9 amounts relating lo contracts wtth Govemmental (Yg8n18ations: 2024 2023 Rochdale MetrOpol￿n Borough Councll W*xcest•rshlre County Coundl Kant County Council GIDuceslershlre County Coundl Suffey CoLffjI Councll Slough Borough Counell swshlre County Councll stafford8hire County Coundl Lincoln8lHre County Council Cambrfdge County Council EnvSronmgnt Agency Watham Forest County Coun¢il Hertrordshlre County Councll 109,010 71,583 60,000 $5,000 32,000 7,500 45,980 178.218 35.000 35.802 88,801 35,000 Li 107.000 82,500 65,521 60,000 96,170 90,860 50,000 29,167 50.000 4. COSTS OF RAISING FUNDS 2023 Slaff costs Consullants Office costs Support and govamance costs 12,294 7,487 23 7N37 12,843 2,490 74 9,408 Total 27.241 24.615 5. COSTS OF CHARITABLE ACTIVITIES Fl¢)od rfsk Support Oth•r 2024 Tolal 361.157 1,387 59,736 361.157 1,387 59,736 25 29,204 5.196 3.327 2.501 Adv•rtlsSr¥J, publldty, printlng & postage ConsultanGy, tralnlng & racrultrnent Motor Vehlclè Costs Travel and 5ub8lstence Office Costs Legal & professional f￿8 Corrferencejevents 29,204 5.196 3.327 2.501 Total Dlre¢t Costs 462,533 462,533 Support and governance costs 218,504 218.504 Total Cwt$ 2023 Flood Risk Support includes (x)sts totallirvJ £228.278 In roSPgCt of restrlcled funds. 17 National Flood Forum Annual Report and Accounts yle 31 March 2024 Flood rl8k 8UPPDrt l)th•r Total staff (￿Sts Publicty* prlnllng & postage Consultanty, tralnlng & recruttment Motor Vehicle Costs Travel and subs181gn¢e Office Costs Legal & profe881onal foa8 Conferencelgvents 258.454 1,397 23,932 438 22,371 8,462 1,500 1,749 2,087 70 260,$41 1.467 23.932 367 653 22,738 9.115 1.500 1.749 Total Dlrect Costs 318.303 3.177 321,480 Support arKI govem8nce co8t8 192,321 1.553 193.874 Total Costs 2023 Flood Rl8k Support Includes totalllng £272.594 in resm of restrlctad funds. SUPPORT AND GOVERNANCE COSTS 2024 2023 Support costs: Adverti81ng, publlcty, prfnting & postage C¢)nsuttancy, advocacy. trainiNJ and recnltmènt M•8tlngslevents Motor vehicle Costs Travel and subslstence Legal & professlonal fee8 Depre(la￿On 128,895 16,461 10.376 476 129,353 7,540 380 1,930 14,404 6,124 11.309 1.895 1,857 2.015 Govemance co8t8: Audltor8' romuneratlon - stabjlory audit so￿1¢08 Travel and magtings Insuranco (Trugtees liablllty In8uran(x) Legal & prof6ssbnal fe88 Offl¢e costs staff c08tg 205,379 179,830 3.250 1,796 771 1.250 218 771 3,173 20.562 23.452 225.941 203.282 Allocated to: Raislng fvnds Charitable actlvltle$ 7.437 218,504 193,874 Total 225,941 203,282 Support aJ8ts are allocatad to activiti88 In accordance wlth the amount of tlme sp8nt by staff on th080 actfvtties. 18 National Flood Forum Annual Report and AeKount8 yje 31 March 2024 7. STAFF COSTS. NUMBERS AND TRUSTEE REMUNERATION AND EXPENSES 2024 2023 Salarbs Natlonal In9uranca c08ts Panslons 462,881 374,409 31,610 10,320 12,274 Total 515,623 416,339 Allocated a8 follows: Ralsing funds Dlrect Charitable actlvlty Support ￿sts 12394 361.157 128,895 13,2TI 12,643 260,541 129,353 13.802 516,623 416,339 Tha charfty employed the full-tim8 8qupialent of 15 Staff durlNa tho year (2023: 13). One employee had ern￿￿• bon6fits 01 bglween £80,000 and £70,000 (2023: one). Key management personnel comprise the Chlef Executive Officer, the Cornmunlty Support & Flood Recovery Speciali81 and the Operatlons CoordbnatOT wlwge employee benefft8 total £151,702 (2023: £127.594) Inc￿dIng nslon ￿ntribUtIOnS. The charfty tNstee8 wer8 not pald or recelved any other benefits from employment th the charlty In tho year {2023: £nll). No ¢harlty trustee rocetved payment for professional or other seNIc88 supplied to tho chaTity (2023: £TMI). Three Trustees were reimbursed expenses totalling £355 In relatlon to travel costs Incurr8d on behalf of tl ty In r•latlan to their dut￿8 as Truste88 (2023: Four Trustees £643 for traval). 8. INVESTMENTS IN SUBSIDIARIES The charitable cornpany owns the énttre 8haffj capltal of NFF Tradlng Servlcas C.l.C. (Company number 07535221). The Company aThang88 the supply and Installatlon of sustalnable dralnage systems under a Provlder¥ agraement with the Natlonal Flood FONM and 18 re1M￿r$ed for lis seNScu. The company has been dormart throughout the perlod & tha prlor year, The ch8rltabl• company 8150 own8 th? enllrn 8hare ￿PIla1 of UK Flood Forum Ltd (Company nurrber 07484688). UK Flood Act¢on Ltd (Company number 07494704) and UK Flood Communty Ltd (Company number 07494662). All 3 c￿npanIeS were donnant throughout 202314 and prlor. 19 National Flood Forum Annual Report and Ac￿￿nts yle 31 March 2024 g. FIXED ASSETS C(xnpulers Fixtures and and llttirvJ$ vehid88 & trailers 9.194 11.885 Charge for year 6.155 11.885 75.000 93.040 75.000 book va￿• 2024 Net book value 2023 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 Trade Dabtor8 Prepayments Accrued Income 305,598 1341 402,545 24.029 Trtal 384.627 428,215 11. CREDITORS: AMOUTrtrs FALLING DUE WITHIN ONE YEAR 2024 2023 Trade Crodtto So(xal security and other laxeg VAT Olh8r ue(titors Deferred Income (see Note 12) 6,521 11.267 4,051 8,914 38.581 2,499 14.333 6,485 22.285 86.235 74,863 12. DEFERRED INCOME ments In deferred income are a8 follow8.. 2023 At beglnnlr¥ of year Released to income In year Deferred In ￿ar 14333 (14333) 8,333 At end of y8ar 14,333 Deferred income relates to funding recelved In advance on contra¢ts relating to I￿0d supporL 20 National Flood Forum Annual Roport and A￿￿nIS yle 31 M8fGh 2024 13. MOVEMENT IN FUNDS Transfer of Funds Funds blf Inco EXpendI￿re Funds clf Unrestri(*ed Fund8: General Funds Designated fund for redundarKy costs Total unrestrlcted funds Restricted Funds: Slough R & I Project Llncolnshlre R & I Project Cambridgeshire Waltharn Forest Yorkshire 2 RidSngs BRIC Proje Total r•strlctod fund8 384,023 679,725 {480,000) 3.343 587.091 2.000 47,0(X) 091 429.023 679.725 (480.000) 1.141 138.319 82.500 44,688 10,000 3,OlXI 18.926 297N33 (124.258) (52,839) 124.598> (10,000) (1,018) {1.982) 15,565 .361 (228378) (5.343) 15,202 29.661 20.090 64,953 Total F￿d8 430.164 977.158 (708.278> 2023: Funds bff Income Expendlture Transfar of Fund8 Funds cJf Unrestrtcted Fund8: Ge￿ra1 Funds Deslgnatad fund for redundancy c08ts Total unre8trl¢tod fund8 Restrlcted Funds: APPG Donatlon Yorkshlre 2 Ridings Waltham Forogt Proiect Lincolnshire R & I Project Slough R & I Projact BRIC Project Total rostr1¢￿ funds 148.057 534.169 {267.375) (30,828) 384.023 45,000 429.023 193.057 534,169 (267.375) (30,828) 6,526 (7,017) (15,546) {55,735} (53,513) (87.660) 6,046 5,735 3,513 50.000 50,000 88.801 1,141 15.043 (272.594) 30.828 6.526 231381 1.141 Total Funds 199.583 770.550 (539.969) 430.164 Transfers In 2023124 relate to spend on projects In the previous financial year. In 2022123 they relate overspands on projects that were 8upp5ement8d by g8neral funds. Restrl(aed fund8 are as follows: Waltharn For8St- Working wlth Thamas Water and local authoTiltos holplng to dellver tho London Communty Flood Plan Programme. Lincolnshire R & I Project- helplng to dellver the Flood and Costal Resilience and Innovation Project Groundwater. Slough R & I Project- helplng to d81Sver the FIoDd and Costsl Re￿Ilence and Innovalon Pr(¥ect Smart Sponge Catchments. Carnbridgeshlrn- setting up FIl￿d Actlon Group8 Shropshlre- Shropshiye Business Flood Adion Group 21 National Flood Forum Annual R￿tsrt and Accounts yle 31 March 2024 14. ANALYSIS OF NEfASSETS BETWEEN FUNDS Fix¢d A8sets Net Cuffent Assets Total Unrestrkted Funds: Ganeral Fund8 1,183 334.516 298,392 634.091 Restrthd Fun(ts 64.953 64.953 Total Funds 1.183 399.469 291392 699.044 2023 Flxed Assets Net Current A88ats Cash Total Unrestrtc￿ Funds.. General Fund8 3.040 72.831 353,352 429,023 R88tr1cted F￿dS 1.141 1,141 Total Funds 73,772 354352 430.164 15. OPERATING LEASE COMMlnlENTS The tolal fu￿re mlnimum lease p￿ents undar nO1￿canc*bIe owating Explring: Wthn on8 year Belwaen one and two years 16. RELATED PARTIES Donations wgre recelved from key managemenl pgr8onnel of £195 (2023: £210) during the year. The￿ were no further tran8actions wlth ￿lated parties in the year. 17. TRUSTEES Trustse Indemnty In8uranc• was purchased by the Ch￿lty (see Note 6 above). 18, CONTROLLING PARr( The charltabl8 compary Is controlw by the Board of Tnwtoes. 2024 2023 2.987 22 National Flood Forum Annual Report and Accounts yle 31 March 2024 19.COMPARATIVE STATEMENT OF FINANCIAL ACTNmE8 2023 Um8lrkted RostrfcW Total Funds Furids Fund5 INCOME FROIA: Donakn¥ and logaoes CharikntAe a¢tivHtes 528.185 236,381 764.566 TOTAL INCOME 534,169 236.381 770,550 EXPENDMJRE ON: Raising fimd¥ 24.615 24,615 Charltablo ac15￿￿88 242,760 272.594 515.354 TOTAL EXPENDITURE 267,375 272,594 539,969 Nét In¢0M￿(0xPond1￿r•) for th• y•v bofor• 2W7M 13&213) 230.681 Tr8n8fer of fvnds In >*4r (30,828) 30.828 NEf INCOMEI(EXPENDITURE) & NEf MOVEMENT IN FUND8 235,966 {5,385) 230.581 RECONCILIATION OF FUNDS Tolal fun(ts brnu9ht forward 193.057 6,526 199,583 TOTAL FUND8 CARRIED FORWARD 1141 430 164 23