REGISTERED COMPANY NUMBER: 06113676 (England and W41es) REGISTERED CFIAIUTY IYUMBER: 1122852 IT ND 24 Chariot House Limited Chartered A¢coLtntanls 44 Grand Parade Brighton East Sussex BN2 9QA
ABANDOFBROTHERS TH Fl ST TEMEN FOR THE YEAR ENDED 31 MARCH 2024 PAg¢ Report of the Trustees Independent IxAmlner's Report S¢Alement of Flnfinclal Actlvltles 12 13 Balance Sheet 14 Cash Flow StAtem¢nt 15 Notes to the Cash Flow StAtement 16 Note$ to the FlnAnclAI StAtements 17 10 28
ABAND FBR THE Gl MBER. 0611 676 OF UST ES FOR THE YEAR ENDED 31 MARCH 2024 The trustees who are also directors of the charity for the purposes of the Coinpanies Act 2006, present their report with the financial statements of the charity for th¢ year endcd 31 March 2024. j'he trustees have adopted the provisions of Accounting and Reporting by Charities,. Statement of Recommended Practice applicable to charities preparing Ilieir accounts in accordance with the Financial Reporting Slandard applicable in Ihc UK and Republic of Ireland (FRS 102) (effeclive l January 2019). All Introduction to our Yeor- 2023-24 The past year. 2023-24, has been A period of both challenge and growth for abandotbroihers, As a board of largely new Iruslees. we foclised on deepening oiir understanding of th¢ charity's operational and fiiiancial foundations while maintaining our commitmeni to d¢liverinu inipactful pro8rAmmes for the younhy men we s¢rv¢. Despite A dema]iding operating environment for charities and financial challenges Ilial left us slightly under budget al year-end. we remain inspired by the dedication of our volui)leers and the langwible impact of our work. Nearly 150 young men fully engaged with our prosFrainmes, wliile more than 100 men registered as mentors, conlributiii&y lo the vitality of our communities. Our volunteers collectively 8ave over 12,100 liours of Iheir lime, an exlraordiiiary lestameiit to their cominitment and belief In our mission, Looking ahead, we ar¢ optimistic about 2024-25, Following 8dju51menls and careful pl4nnin8> we ar¢ iiow back on track rinan¢ially, with positive projections for the year. This strong foundation will eiiable us lo sustain and expand our efforts, deepen community engagement, and continue d¢liverin% Iransfomiative siipport to young men ucross our programnies. With gralitude and awe, we acknowledge the resilience of our organisation and the unwavering d¢dication of our staff, volunteers, and supporters. Together. we are poi diffe e in the liv f those we Se¢. lo build on this yeor's le55ons and suc¢ess¢S to Inake an even greater Conroy Flarris CEO Mary D'Ar¢y Chair of Trustee$ Page I
ABAND FBR THE RE ISTERED N BER. 0611 76 REP RT F THE TRU TEE FOR THE YEAR ENDED 31 MARCH 2024 OBJECTIVES AND ACTIVITIES Objectives and olms abandofbrolhers works With young men involved in the criminal justice system. We provide them with the support they need to make th¢ transition to an adulthood free of crim¢, and filled with a sense of belonging, connection, and purpose. The young men we meet have often cxperi¢nced or witness¢d domestic violence. They may have been abused or else kept someone else's abuse a secret, They may have lived in care or experienc¥d negle¢t. They may have grown up wlicre drug and 4lGohol abuse were comnionpla¢e and where positive adult rol¢ mode15 were in short supply. abandotbroihers work Iransfomis the lives of young men and their cominunilies, whilst saving the state (and ultimately the taxpayer) thousands of pounds for each avoided imprisonment and asso¢iatL,d probation supervision. Governinent figures show that in 2021122 il cost the taxpayer £47,000 per year to hold Inan in prison and approximatcly £2,4000 per year lo supervise & man on Probation post I'clease. Aliiiosl a quai'ler of Iliose released will re-offend. It costs £4,200 per yeAr lo mana8e f4 community order or suspended sentence ai)d iiiore than half will re-offend. abAndotbroih¢rs creates space. and a supportive environinent, so thul the young men we work with can go back into the world wcll-rounded, and able lo contribute back to society with heulthy aspiraliiins, and a renewed sense of wellb¢ing. OUT Vlslon A world where every man fultils th¢ir pot¢ntial with a sense of nieaning. conneLtion, Rnd purpose. Our Ethos One of the keyways in wllich abandotbrothers is differ¢nl is that we offer mentoring for young men in our communities within the context of a Contempor and intensive Rite ofpassage journey. The experience itself invites young men to draw 8 line under Iheir adolesceiice and begin to both consider and move towards becoming the Adult mun they wi51I to be. The joumey is held and g)uidcd by traii)ed older Inen from the local commuttity. This is vital, as thi5 enables the young Inen lo be immersed in a strong field of healthy masculinity and role models. Here they Can draw upon a vast pool of life experience and wisdom Irom wmmitted older men who come from range of diverse bAck8rounds. Our wider intentions are.. To create community by engaging and training adult men to act as mentor% and allies for local young men,. thereby bridging the perilous divide that exists between generations of males. To ensure that all young m¢n can be recognised, acknowledged, and welcomed into adulthood through a community sponsored riles of pass8ge experience, To encourage a search for m¢anin8 and purpose in life that's grounded in appreciation and respect for nature and humanity, rather than adherence to uny religion or do¢lrine', thus, enabling mei) from different backgrounds, beli¢f5, and faiihs to connect in a deeper, more meaningful way. To facilitate greater understanding that 'hurt people, hurt people. We address the hurt carried by men directly, so that they are less likely to hurt others. Cognitive training programmes can be very useful, but all the employability training in the world cannot enable a young man with chronic anger or s¢lf-esteem issues lo find or hold dowii a job, To recognise that the problem" of young men is not just a problem with young men but rather is rooted in the wider societal context of their lives. Publie ben¢fJt The tn]slees certify that they have had and paid due regard to the Charity Commission guidance on public benefit in deciding what activities the charity should undertake. This they believe is demon4trat¢d in this report. Page 2
ABAND FBROTHE RE ISTE EDN MBER: 0611 676 po OF STE FOR THE YEAR ENDED 31 MARCH 2024 STRATEGIC REPORT Achievement and performanc¢ Ch8ritable activitl Our Solullon abandofbrothers supports young men in making a healthy transition to ¢idiilthood and creates powerful mentoring networks that they can ¢all upon in limes of need. The good news is that there are many adult men of conviction, ¢ourage and valuable experience who are willing and able lo make such a constructive contribution, and whose hard-eamed wisdom has not always been fully ulili5ed. Central lo all our programmes are experiences that have come to be termed 'Rites of Passage., Through thi5 context we hamess the integral goodwill of loc&[ adult men by providing Iheni with a powerful training that develops mentoring skills. emotionAI intelligence and enhances authenticity and confidence, I'his in turn empowers those adult men to provide Ritcs of Passage training and ongoing mentorship lo young nien in Ih¢ii' cominunity. Our approach therefore serves 8s a powerful callllyst for creating social capillll. By reconciling generations of men, we empower each towards a mutual collaboration Ilial serves both a common purpose and a positive vision for their own lives, Furtherniore, we encourage and support young men to develop a healthy connection lo their communities through engaging with the emotional literacy, wnfid¢n¢e and respect ihat comes Ihrougl) healthy self-esteem and self-aworeness, Our Mentoring Programmes The NQPC programine delivers teii we¢ks of one-to-one mentoring lo a yoiing man with a trained mentor following a weekly outline lo guide each meetiiig, An oplional second 10-week cycle (fi)r 20 weeks in lolal) 15 an opportui)ily for young men needing and wanting to continue to dive deeper into the weekly lopi¢s. Mentors are not obligFed to cominit lo a further ten weeks, so the choice to continue to m¢ntor the sam¢ youn¥ man is (heir5. One of the most iinportant rituals for boys is the inilialion into manhood. These initiations, or Rites of Pa5sag¢ consist of some kind of ordeal Iliat connects the young man with his niortalily and in doing so, he goes from being self-rentred, lo villa¥e centred, or Community cenlred. This is univcrsally undertaken by older men who understand that it takes men to lea¢h younger mcn how to be men. There is an indigenous proverb.. Jf you don't initiate your young men, they will burn down the village just to feel some wam]Ih" Our abandofbroihers Rite of Pussag¢ wcekcnd is vcry powvrful and, in many cases, transformative. Young men have told us tiiat wilhoul their involvement in abandofbroihers, they would not be here anymore. This is both a tragedy and a blessing as we have been able to &ch young men and help them believe life is worth living. Ment r Int du me Mentor training begins with a six-week one-to-one mentoring programme for older men. Prospective mentors also attend a Rile of Passage weekend alongside Young Men before attending their abandotbrothers, Mentor Training. They are then ready to mentor Young Men coining througli our programines. Throughout this training the older men are SLtpport¢d by An experienced abandotbroth¢rs mentor. All Mentors are also required lo attend regular supervision whenever they are mentoring a young man. Key PerformAnce Indicators for 2023-24 nin and me ori un During 2023 - 24, ABOB received 263 referrals from Partners working as part of the wider Criminal Justice System. Of these referrals we were able to engage and Inenlor 149 younger men (570/0 of all referrdls). It is worth noting that our Partners often feedback that of all the largeted programmes they refer to, ABOB has one of th¢ highest engagement rates when working with some of the most vulnerable and disengag¢d young men. Page J
AB NDOF ROTH REGISTERED UMBER: 0611 676 REP RTOF HE TRUSTEES FOR THK YEAR ENDED 31 MARCH 2 24 Of the 149 young men we mentored. 77 (520/) fully engaged in the NQPC programme. Of the 77 younger men who completed Ihe NQPC programme. 54 younger men (700/0) compleled their Riles of Passage weekend programme. inin to become me tors 107 older men registered for the Mcnlors in Training (MIT) Programme and 56 older men (520/0) completed the Riles of Passage weekend programme and over half (55010) went on lo mentor a yciunger man within the sainc finaiicial year. Many others completed our Menior Training Programme and have since mentored within ABOB. tim in Throughout 2023-24 ABOB provided 12.122 hours of volunteer support time, Of this time 6,816 hours were spent supporting our ROP weekends, 3,944 hours were spent supporting our Community Circles and 1,362 hours were spent supporting young men with 1-2-1 mentoring sessions. This evaluation has been ¢oinpleted using data covering the period from 28ih Sepleinber 2023 until I st October 2024. These results are based upon a sample of 353 snapshot surveys with participiinl In¢n (264 were younger meii aged 18 to 25, and 89 older mentors aged 30 and over), The evaluation demonstrates that when men engA8e in the Programme we offer, the iinpact is drumatic rOsS a numb¢r of significant areas. Improvlng mcntAI health 990/0 experienced incrcascd leve15 of hopefulness, molivfition, and possibility iiboul their lives 87 % felt improved levels of responsibililyluccouniability for their live5 and actions 920/0 increased thcir abilily to clearly and cleanly expres5 what was going on flir them 660/0 increased their ¢ontrol of addictions Feedback from Men engaged in our Programines. "I have a massive sense of possibility about my life, which I haven't felt in a long-time if not ever." "I'm more honest than l ever have been. I've leamt ac¢ounlabilily and owning all parts of myself. My awareness is 8rowins week by week because of ABOB. Increllslng liealthy rel#tSonshlps 920/0 became more confident about building Posltive reluiionships with others 93 % had more people in their lives who support Iliein Ilirough difficult tlme5 880/0 improved the way they deal with anger and conflict Feedback from Men engascd in our Programmes. "ABOB has helped me trust others. l used to feel a sense of separation from ()thers. I now feel conne¢ied in all areas in my life. My relationships are growing stronger each day." "Good bas¢line example of what good male role models and relationships can be like. It widens the horizons of what a man can bclshould be, li has taught me to be a better person. Kdueation, Employment and Tralning 740/0 wett supported to take steps into education, employment or training Feedback from Mcn engaged in our Programmes. "ABOB helps me being a better human being and this is helping me massively with work." "I have got a job slnce starting with ABOB and been able to keep that job due lo talking about issues as they have Gome Page 4
AB NDOFB TH RE STER ER: 13676 REP RTOF HETR STE FOR THE YEAR ENDED 31 MAR H 2024 Off¢nding BehAviour 900/0 reduced their offending behaviour Feedback from Men engaged in our Programmes. '1 have worked through feelings of inadequacy that lead to crime. "By working on myself and feeling supported and iaking responsibility for thi5, 1 can avoid Inyself getting to the place I was in when I last committed crime." Communlty PArtSclpatlon find Contrlbutlon Men engaged in our Programines were more able to b0m¢ more activ¢ contribulors lo their local community 89Yo felt part of a IOCAI community 'ABOB has made ine feel appreciated and respected, this has allowed me lo feel part of the communilyl I never valued community in my life, bul now I have a strong sense ofcommuiiity and hold high value to this, Communlty Safety Engaging Men in our Pro8rhmmes is making communities a safer place for all 580/0 reduced their pliysical violence behaviours 65 % reduced Ih¢ir verbal violen¢e behaviours Feedback froin Men engaged in our Programmcs includes. "I think in understV¢ndiiig myself more and valuing myself more. it is easier to avoid silualioiis where violence can arise." '1 also hold less shame in feeling fearful, so feel I would be less likely to react violently. Dali is a younger mun who has been involv¢d in ABOB sincc Sepi-23 and after completing his NQPC and ROP weekend remains athively enga8ed in hi5 weekly Community Circle. WhNt WAY your Ilfe Ilko before you got Involved In AbnndoA)rothers? Before I gol involved in abandotbroihers I didn't use to ¥0 out much. I was smoking a lot of weed and couldn't see how I Was 80ing to get A job because I was slru¥glin8 With my mental health and h:Iving l]ashbacks of trauinatic events froin my past. I'd also be¢n sui¢idal and didn't know how to control my anger when it happened. How dld you Ilnd the l.. I mentorlng wlth AbAndofbrothers? It's been great meeting with my mentor each we¢k. Talkin¥ to him has helped me stlly calm. He has also helped me not look back on th¢ dark past and keep hurtin&y myself, If I gel angry now, I lry lo talk ftboul it and not bottle it up. l am definitely leaming lo deal with my an¥er in a healthier way. l am more open about stuff instead of keeping in my head and making it worse than what it is. I think the mentoring has really helped willi Ihat. What's It been like Attending the locAI Clrcle. Since joining abandotbrothers I have become closer to people. I feel that l ajn part of a bigger family and ¢an call on people in difficult times. I feel like I've been accepted within the community and really enjoy going to the weekly cir¢les. The circles have helped me feel more comfortable in new places. Since goin&, I've been getting more optimistic about my life and getting out more. The weekly meelings helped me to release my ertiotions instead of using drugs to suppress them. The men at the circle have helped me to stop smoking weed and learn how to be accountable for my actions and not just ignore them. What d0¢5 the future look like foryou now Abandofbrothers has helped me with my suicidal feelings. I no longer want to he dead. I want to look after myself more. I can speak up with confidence much better now and I ty to trust people more dnd see them in a positive light. I recently signed up for a l-year plastering wurse and I hope to start work after that. Page 5
ABA DOFBROTH RS EGI RE NUMB 676 EP OFT STE FOR THE YEAR ENDED I MARCH 2 24 STRATEGIC REPORT FlnAnciAI review Our Flnancial Position and Looking Fonvard During the year, the nel funds raised from charitable trusts, wealthy individual donors, corporations, statutory bodies and the general public was £453,534. W¢ carried forward just over £213,000 of funds from the previous financial year (2022123) and spent just over £458,000 in 2023124. During the year the new Trustee team iniliatcd & mid-year review of the finan¢es. As a result a number of cost reductions were introduced to ensure the Cost base matched the level of foKcasled income. In addition the finance ream was strcngthened through recruitment to ensure financial control was being maintained throughout the remainder of Ihe year and financial targets were achieved We continue to work c105ely with funding partners to nialch funding and Costs with Ihe required needs of the charity in a f&41-changing environment and carried forward just over £208,000 of funds intci the financial yeAr 2024125. The funding pipeline is in a strong position to meet the needs of ihe charity as we enter the next financial year 2024125. Investment pollcy and objectlves The Memorondum of Association allows the trustees to deposit or invest fuiids in any manner (but to invest only after obtaining advi¢e from A financial expert And having regard to the suilability of investments and the need for diversification), Re8erveJ polley We regularly review Ilie finances aiid spending of the charity and have examined the ¢hurity'S requirements for reserv¢s in light of the main risks to the or&Fanisation. We have established a policy whereby the unrestricted funds nol committed or invested in tangible fixed assets held by the Charity should be between 3 und 6 months of expected operalins costs offset by restricted funds eligible lo be used a5 A contribution agains1 them, We are confidei)t that at this level, we will be able to continue the charity's cutyenl 8¢livilies in the event of a significant drop in funding. The status of unre51ricted reserves nel of fixed setS as al the year end stood Al £181,000 which falls within the target band towards the upper end of the range. Future plans Over the nexi yeAr we are aiming to continue lo develop our capacity to enb>age a wider range of younger men to our transfomiational pro8ramme5. A5 an organisaiion we are committed to.. Further develop and diversify our revenue streams, includin8 a new l?atron's Programine and more focus on Community-led Fundraising Develop the manA8einenl capacity within th¢ organisatlon wlth the crealioii of a new General Manager role to join strengihcn the Leadership Team Incre8se the membership, diversity und ran8e of skills within our Trusiee Boar(I Review and renewing our Training & Development offer lo volunteers and stat'f STRucfuRE, GOVERNANCE AND MANAGEMENT Governlng document Abandotbrothers was in¢orporated on 19th February 2007 (registered company number 6113676). It received chgritsble stslus on 18th February 2008 {registered charity nuinber 1122852), Charity constitution The charity is a company limited by guarantee and is governed by its Memorandum and Articles of Association dated 19th February 2007 as amended by special resolution dated 14th De¢ember 2007 Page 6
BANDOFBR THERS GISTERED NUMBER. 6113676 RT THK RU FOR THE YE REND TEES D 3] MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and Appotntment of new trustees The directorsltrustees are listed in this report. Th¢ number of direGlors shall not be less Ihan 3 (unless oiherwise detemiined by ordinary resoluiion) shall not be subject to any maximum. At each annual general meeting on¢ thirds of the directors or, if their number is not three or a Inultiple of three, the number nearest lo one third must retire. A director retiring may stand for re.eleLtion, Trustee Recrultment In 2022-23, a number of new Trustees were appointed. 2023-24 has therefore been a year of ¢onsolidation, with some fonner Trustees deciding lo resign their position. The Board of Trustees c()nlinues to review the skills and experience mix of those on the Board and will seek to expand the Board membership in 2024-25. Our Trustees are. Steve Clllder Sieve grew up in a working-class family in East London, Sieve's experiences growing up instilled a sense of justice and a deep-root¢d beli¢f thut given th¢ right choices and opportuniiies people can lum their lives llround. For the IRst 18 years, Steve has worked within the Probation Service holding frontline positions driven by the desire to help others move away from an offending lifestyle underpinned by the beliel. that silting the other side of the table" .bul for a twist of fate I could be Steve has prog7ressed in Probation and now heads up a Probation Deliverv unit. 11 was whilst working in London Probation that he became aware of abandotbrolliers ond was invited to attenil & Rite of Passage weekend in June 2019. He was blown away by the gold that weekend provid¢d. "In my nearly twenty years of working in the crimin&l justice sy8t¢m, I have ncvcr seen such an impactful and inclusive intervention Steve has remained involved with abandotbrothers since and regularly staffs weekends. As A trustee Steve's wish 15 to step up in se1¢e and bring this deep respect l() the work of abandofbrothers, along with his extensive experience of working with men involved in the criminal ju.stice syslein. Steve hopes to leverage his experienc¢ of the inner workings of the Criininal Justice Systein to help abandotbrothers grow and provide our support to Inore men and allow th¢m lo break Ihe cycles of offendin8. Tler Blundell Tier wa.q born on a council eslale in Northojnploii lo 4 Paki¥lani father and an English mother. After experiencing a lurbulenl hoine life and racism in his school and community, Tier w&s pemiai)¢nily excluded from school at the age of eleven, He then spent four years in a pupil referral unit before leaving al th¢ age of sixteen wilh no qualifications. After beginning martial arts training at eighteen, Tier went on to compete professionally in Mixed Martial Arts, Kickboxing and Muay Thai, attaining two title belts. At twenty-four, he r¢tumed to education with an Access Course at Leicester College, going on tr) study Politics and Social Studies ai the University of Warwick, before moving lo Scotland for postgraduat¢ study at the Univ¢r5ity of St Andrews. Tier is currently the first known person from a pupil refeftTal unil lo be admitted lo the University of Oxford, where he currently Studies for a doctorale part-time hnd is actively engaged in rcsearGhinL' the lived experience of people excluded from school. Tier has extensive experience working with young people from a variety of backgrounds as a teacher, coach, and mentor. He has also founded a business and is an advisory board member for the Ethnic Minority Business School in Oxford. Page 7
ABAND FBROT IST ER:0 676 ORT THE STE OR THE YEAR ENDED 31 MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT "My life's mission is to improve the outcomes for the excluded in society" Mary D'Arcy For more than 30 years, Mary has worked in public service, In the Criminal Justice System as a Probation and Chief OtTi¢er. And in Local Government as a Dire¢lor and Execulive Dir¢¢tor. Mary is passionate about enabling individuals to make changes in their lives and ii) supporting coiiimunities to be resilienl. Slie strongly believes Ihat change cannol be forced, understanding tl)e hopes, fears and strengths of individuals and communities requires patienc¢ and generosity. Mary is passionate about promoting social justice, addressing structural ineliuality, and embra¢ing diversity, equality, and inclusion, with the aim of reducing the hurm and violence that so many peoi)le and coniinunilies experience. Mary first encountered abandofi)roihers when the charity was in its fledgling years and was drawn lo our ambition to value and enable. by listening and investing in the lives of damaged young men. In doing so abandotbrothers brings hope and help to enable them to take those sometimes-difficuli steps towards malurit). JIM Andrew8 After 8raduatin8 from UCL with a Bsc Chemical Physi¢$, Jim look whAI he considers to be the first meaningful independent decision of his life and Sought employment with a local buildiiig conlructor as a trad¢sinan, ¢ventually quvélifying as an NVQ3 level bricklayer. The ¢xperi¢n¢e was fornllllive, And those ye4rs were later lo breathe life into the numbers when he be¢ame head of finance at Berkeley Group And later an investment director al a real estate focusqed private equity finn. Jim is now a eofounder in a new venture, placing environmental and social impact as principal priorities, especially in relhlion to ¢limAte change and homelessness. Slmon Chlnnery Simon has spent som¢ 35 years in the City, working initially as a dealer in the stock exchange Ihcn for several asset management firn]s in¢ludin8 Gartmore, Schroders, JP Morgan where he was a Inanagii)g dire¢tor in the UK instilulional busine.%s, and al Legal and GenerRI where he was 14ead of Defined Contributioiis Client Solutions. Hi5 main work was as Relationship Manager to large UK or multinational pension clients, advising them on investment and more recently environmental, social and governance issues. He is also an artist having shown his works in scveral London galleries with Llients all round the World. In addition to his paintings, he is also a poet. He Gurrenlly liv¢s in St Leonards willi his Wife, Paula. Simon h&% been involved with the MKPUK&I charity since 2002 and is curr¥nily in the Elder Circle. Simon has been involved with abandotbrothers for five years and helped set up the Hastin8s cominunity three years ago, MichA¢l Hyltoft Originally from Deninark, Michael moved to Portsmouth, UK in 2000 with his employer IBM, supposedly to b¢ here for 2 years, He is now fully settled as a UK national, living in the countryside of Hainpshire with his three lovely daughters. He first became involved with abandoftjmthers in 2020, as a member of the Portsmouth community, but due to Covid could only do his Rite of Passage weekend in 2022. He has mentored s¢veral young men in Ihe Portsmouth area and continues to support the nascent abandofbrothers Circle. He has staffed weekends and became a Trustee in 2022, Michael has worf(ed as a Transfornialion Director for several large well known international corporations, with a special focus on how you get people lo change behaviour in a professional setting, He a150 Slts on the board of several Companies, where he is heavily involved in the strategic development and succ¢ss. Page 8
ABANDOFBROTHERS EGI ERED N BER.. 06113676 REPORT OF T UST FOR THE YEAR ENDED 31 MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT In his spare lime, he sludies psychology and gives training in why people generally dislike change, and how personal change can be more successful for th¢ individual. Michael brings lols of corporate knowledge, not le1 how to ensure good governance, and can mix this with his knowledge of expanding organisalions, and how to support them to develop in a suitable way. And as an aclive member in one of the communities, he will be able to support Iranslaling ihe stratek'y into a¢lionabl¢ activities. H¢ is proud to offer his time io both serve his local community and the notional gr0h of abundotbroihers in th¢ coming ycars. Organisatlonal structu The trustees of abandotbroth¢rs previously commissioned an extemal consultant to carry out a strategic review of the organisation to understand where there were strengths and areas for improveinenl. During 2023.24 the Board of Trustees began lo implement elements of this review and with the leadership tellm, agreed and implemented a new management structur¢, as well as ways of working in and with Abandoft>roihers communities. The aims of this work being to ensure the sustainability and qURlily of our services and ensure we are well placed to iiicrease our impa¢t even further, Decision maklng Decisions are m&de by a simple m&jority, and if there is an cqualily of votes, whether As a show of hands or on & poll, the person who is chairing the meeting shall have a casting vote in addition to any i?Iher vote he or slie may have. Tasks are delegated to the core team who report lo the directors each quarter, Pro8ress is monitored by the directors al each meeting. Inductlon llnd trAlning of new trust¢e8 Most trustees Are familiar with Ihe practical work of the charity. They are eiicouraged lo attend a contemporary rite of pSage experience either on our 'Quest for Community, (QfE) rite of PL1S5age weekend residenliAI training or an aliemale but comparable training for our female Iruslces. All male trustees are cncouraged lo staff our QIE weekend once a year. All IrLt5t¢es are ¢ncoura¥ed lo attend al lellst a community 'Hom¢coming' celebrution annually, marking the end of the Qfc pro¥romiMe, Addiilonally. new trustees are invited lo partAk¢ in the mentor training and b¢ mentored by one of our volunteers and mentor one of our young male beneficiaries, Risk mhnAg¢ment The Iru51ees have a duty to identify ai)d review the risks to which the charity is exposed and to ensure appropriate controls Are in p18ce lo provide reasonable assurance a8&insl fraud and error. VoluntAry lielp And gifts In klnd The trustees are deeply gratefLII to the hundr¢d3 of voluiilccrs who have h¢lpi'd through mentoring young men, staffing our programmes, ¢oordinaling local operations, local fund development and in particular, our community coi)ductors who lead on and oversee Ihe integrity of local programmes. Each of our conimunity proj¢Gls has a team of around 25 volunteers and would be unable to operate without their gen¢rosity and commitnient. ThAnk you A huge thank you lo HII those who support us in our endeavour including our funders, without whom, our work would be imp05sibl¢. We would particularly like lo acknowledge all th¢ young men we have known and supported this year for your courag¢, openness and commitment to change. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 06113676 (England and Wales) Registered Charity number 1122852 Page 9
AB DOF ROT RS GIS RED UMB R.. 061 676 REP RT OF THE TRU TEES FOR THE YEAR ENDED 31 MARCH 2024 Registered office 44 Grand Parade Brighton East Su$s¢x BN2 9QA Trustee5 S C Sanham (resigned 201912023) R S Williams (resigned 31512023) K l F Khan (resigned 1111012023) J C Andrews {resi8ned 311312024) T J Blundell S Calder S Cl)innery Ms M D'Arcy A K R Hamp¢l (resigned 51412023) M P N Hylioft N S Tyrrell (resigned 281412023) Dr D C PArnell (resigned 151612023) Independent ExRmln¢r Shona Wardrop CA Chariot House Limited Chartered Accountanls 44 Grand Parade Brigliion EAst Sussex BN2 9QA Sollcltors Bales Wells Brailhwllite l O Queen Street Place London EC4R IBE Page 10
ABAND BROTH EGI EDN BER: 0611 76 REP RT OF THE TRUSTEE& FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE DFTAILS Other Information Chief Executlve Conroy Harris Senior LeAdership TeRm Conroy Harris Chief Executive Dan Hartley Chief Operating Office James Wong Chief Development Officer Flnance Lead Jon Horton Banken Tridos Bank NV Brun¢l House I l The Promenade Bristol BS8 3NN Webslte www,abundofbrothers.or8.uk Worklng n*me ABOB SUBSIDIARY ABOB Trading Lid was incorporated As 8 IOOO/o owned subsidiary of Abandoftyrolhers. ABOB Trading Ltd has been established for Iwo purposes., l).To Catry out social eiiierprise Irading activity in area which whilst alisned with our mission may technically fall outside th¢ scope of our charitable objective5. 2).To protect the intellectual prop¢ty of Ihc parent charity where requirLd to sign contracts that WOL¢ld seek lo appropriate that IP. In these instances, activity will take place using materialsllP licensed from the chRfity but with no authority for that to be assigned to 8 third party. AB013 Trading Lid was donnant during the period under revlew. Report of the trustees, incorporating a strategic report, approved by order i)f the board of trustees, as the company directors, on and signed on the board's behalf by.. M P N Hylioft- Trustee Page 11
INDEPENDENT EXAMINER'S REPORT TO T TR STEES OF ABANDOFBROTHERS REGISTERED NUMBER: 06113676 Independent examiner's report to the trustees of Abandotbrothers ('the Company,) I report lo the charity trusl¢¢s on my examination of the accounts of the CoMpY for the year ended 31 March 2024. Responsibilities and basis of report As the charity's trustees of the Company (and also its dir¢ctors for the purpo%es of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Conipanies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required lo be audited under Part 16 of the 2006 Act and are eligible for ind¢pendenl examination, I report in resp¢¢l of my exainination of your charity's accounts as Caled out under Se¢tion 145 of the Charitics Act 2011 ('Ihe 2011 Act,). In canyiiig out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2111 l Acl. Ind¢pendent exAminer's stAtement Since your charity's gross in¢om¢ exceeded £250,000 your examiner musl be a member of a listed body, I can confirni that l am qualified to undertake Ihe examination because l am a member of the Inslitiile of Charter¢d Accounlanls of Scotland, which is one of the listed bodies. have Completed my examination. l ¢onfirn] that no matters have come to my allenlion in connection with the examination giving me ¢ause to believe,, a¢counting records were not kepl in respe¢t of th¢ Company as required by Section 386 of the 2006 Act; or the a¢counls do not accord with those records. or the accounts do not comply with the 4ccounting requirem¢nls of SLction 396 of the 2006 Act other than any requirement Iliat the accounts give a true fair view which is not a Inatter ¢onsidered As part of an independent exainination,, or th¢ accounts have not been prepared in accordance with the Ineihods and principles of ihc Stateni¢nt of Re¢ommended Praclice for accounting and reporting by charities (applicable lo ¢hariti¢s preparing their accounts in accordance with the Finaniir¢l R¢portin8 Slandard appli¢abl¢ in the L K and Republic of Ireland (FRS 102)). I have no concern5 and h&ve come across no other matters in ¢onneclion with the exaniinalion to which altenlion should b¢ drawn in this report in order lo enable a proper understanding of the Rc¢ount4 to be rehched, Sliona Wardrop CA The Inslilute of Chartered A¢countAnls of Scotland Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA Dale.. .1 12 24. Page 12
ABANDOFBR THERS STATEMENT F FINA CIAL TIVITIES INCORPORATING AN INCOME AND EXPENDITURE A FOR THE YEA ENDED 31 MARCH 20 COUNT 2024 Total funds 2023 Total funds Unrestricted fund Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 25.790 32,484 58,274 99,009 ChArilAble Rctivltles Programme delivery 274,100 118,533 392,633 414,657 Investment income 2,628 2,628 458 Totfil 302,518 151,017 453,535 514,124 EXPENDITURE ON Raisin8 funds 28,637 28,637 41,311 CharltAbl¢ aetlvltle8 Pro¥ramme delivery 127,930 301,899 429,829 480,822 Totil 156,567 301,899 458,466 522,133 NET INCOMEI(EXPENDITURE) Transfers between funds 145,951 (109,816) (150,882) 109,816 (4,931) 16 (8,009) Net movemcnt In funds 36,135 {41.066) (4,931) (8,009) RECONCILIATION OF FUNDS Total funds brought forward 148,439 64,758 213,197 221,206 TOTAL FUNDS CARRIED FORWARD 184,574 23,692 208,266 213,197 The notes fom] part of these financial statements Page 13
AB NDOFBR ERS RE TERED UMBER: 06 76 LANCE SHEE 31 MARCH 2024 2024 Total funds 2023 Tot81 funds unStriCted fund Restricted funds Notes FIXED ASSETS Tangible assels Investments 13 14 3,158 loo 3,158 100 1,529 100 3,258 3,258 1,629 CURRENT ASSETS Cash al bank 259,322 23,692 283,014 242,772 CREDITORS Amoui)Is fallin8 due within one y 15 (78,006) (78,006) (31,204) NET CURRENT ASSETS 181,316 23,692 205,008 211,568 TOTAL ASSETS LESS CURRENT LIABILITIES 184,574 23,692 208,266 213.197 NET ASSETS 184,574 23,692 208,266 213,197 FUNDS Unrestricted funds Restricted funds 16 184,574 23.692 148,439 64.758 TOTAL FUNDS 208.266 213,197 The charitRble company 15 entitled lo excmplion from audlt under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The members have not required the company lo obtain an audit of ils financial statements for the year ended 31 March 2024 in M¢cordance with Section 476 of the Companie8 Act 2006. The tn]slees acknowlodge th¢ir rospoiisibililies for (a) ensuring that Ilie ¢haritable company keeps accounting re¢ords that Lomply with Sections 386 and 387 of the Companies A¢t 2006 and preparing financial staleinents which give a true and fair view of the slate of affairs of the charitable company as at the end of each financial year and of ils surplus or deficit for each finan¢ial year in 4ccordance with the requireinents of Sections 394 And 395 and which otherwise comply with the requirements of the Companies A 2006 relating to financial statement5, so far as applicable lo Ilie rharitablL' company. (b) The financial staiements were approved by the Board of Tru.4tees and authorised for issue /,4.-. .20.ag,,....... and were signed on ils behalf by.. on MPNHylto - Trustee The notes forni part of these financial statements Page 14
ABANDOFBR THERS SH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2 24 2024 2023 Notes Cash flows from operatlng Actlvlties Cash generated from operations 39,832 21,326 Net cash provided by operating aclivilies 39,832 21,326 Cash flow$ from Investlng Rc¢lvlde8 Purchase of tangible fixed assets Sale of tangible fixed assets Interest received {3.158) 940 2,628 458 Net cash provided by investing activities 410 458 Chmnge In cAsh ind cgsh equlvilents In the reporting perlod Cash Rnd eI5h equlvalents &¢ the b¢glnnlng of the reportlng perlod 40,242 21,784 242,772 220,988 Cash And cash equivalents At the end of the reportlng perlod 283,014 242,772 The notes forn) part of these financial statemLnts Page 15
BANDOFBROTHERS TES TO THE CA W STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING AcfivITIES 2024 2023 Net expenditure for the reporting perlod (a5 per the St&tem¢nt or FlnRnel81 Activities) Adjustments for; Depreciation charges Interest received Decrease in debtors Increase in creditors (4.931) (8,009) 589 (2,628) 447 (458) 244 29,102 46,802 Net ¢4sh provlded by operAtions 39,832 21.326 ANALYSIS OF CHANGES IN NET FUNDS At114123 Cash flow At 3113124 Net ¢a8h Casli at bunk 242,772 40,242 28J,O14 242,772 40,242 283,014 Total 242,772 40,242 283.014 The notes forni part of these financial statemLnts Page 16
BAND FBROTHE NOTES TO THE FINANCIAL STATEMENTS FOR THE YE R ENDED 31 MARCH 2024 ACCOUNTING POLICIES BASIS of preparlng the finAnciAI statements The financial slatements of the ¢harilable Company, which is a publiL benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accouniing and Reporting by Charities: Statement of Recommended Practice &ppli¢abl¢ to charities preparing their accounts in a¢¢ordance with th¢ Financial Reporting Standard applicable in th¢ UK and Republic of Irelan(i (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and lh¢ Companies Act 2006. The financial statements hai e been prepared under the hisiori¢al cost convention. with the exception of inveslmenls which are included at market value, The a¢¢ounis are prepared in sterlin8. which is Ihe fiinclional ¢urren¢)' of the charity. Monctary amounts in these finAncial 81&lements are rounded to the nearest £. Al the time of approving the financial stfttemenls. the Iruslees have a reasonable expe¢lolion Ihal the charily lias adequate resources to continue in operational existence for Ihc foreseL&bl¢ future aiid on that basis the charity is considered to be A going concern. The charity meets the definition of a public benefit entity as defined by I,'RS102. Crltl¢al Accountlng judgements llnd key 50urc¢s of estim#tlon ui)certalnty In the application of the charity's accountlll8 policies, the charity is I'equired lo Inllke jud&Fments, estimates llnd Assumptions about the carryin&7 value of ass¢ls and liabilities Iliat aru iiot readily apparent from other sources. The estimaies and Mssocialed ussumpiions are based on historical experience and other factors considered to be relevAnt. ActUAI results Inay differ from these estimates. There are no estimates and assumptions that are considered io hav¢ a significant risk of causing a material adjustments to the financial statements in a future period. Income All income is recognised in the Statement of Financial Activities once the charity has enlitlenienl to the funds, il is probable that the ii)come will be received and the amount Can be measured reliably, Govornment Grftnts Government granis are recognised under the performance model, The grant incom¢ is recognised upon perfonnance conditions beiii8 balisfied (and should il be received iii advance of satisfying the performance, recognition of the in¢ome is deferr¢d as a liability) aiid where Iliere 41re no specific future p¢rfoman¢e-related conditions then grants are recognised when proceeds are received or receivabl¢. Expendlture Liabilities are recognised as expenditur¢ as 500n fts there is a legal Iir Constructive obligation committing the harity to that expenditure, it is probable th&t a transfer of economic henefils will be required in settleinenl and the amount of the obligation Can be Ineasured reliably. Expenditure is Ii¢counled for on an ¢rU9]S basis and has been classified under headings Ihal aggregate all cost related lo the iategory, Where costs cannot be directly attributed to particular headings they have been allocat¢d to activities on a basis consistent with the use of resources. Expenditure has been classified under the following hding$ ', a).Costs of generating funds are those costs incurred in attracting grants, voluntary income and fees, b).Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and service5 for it5 beneficiaries. It includes both costs that can be allocaied directly to such activities and those costs of an indirect nature necessary to support them. Page 17 continued...
ABANDOFBR THERS NOTE THE FI ANCIAL TATEM NTS - con FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES- continued Expenditure ¢).Support costs primarily include govemance costs associated with the assets of ihe charity and with conslitulional statutory requirements. Tnnglble fixed Assets Depreci&tion is provided al the following annual rates in order lo wi'ite off each ass¢t over its estimated useful life. Plant and machinery Computer equipment IO% on cost 200/0 on Cost Tangible fixed assets costing more than £500 are capilftlised and included al cost including any incidental expenses of acquisition. Taxiitlon The charity Is considered to pass the tests sei out in Paragrapli I Schidule 6 Finance Act 201 O and therefore il m¢els the definition of a charitable company for UK Corporation fax purposes. Accordingly the charity is potentially exempt froin taxation in respect of income or capital gains received wilhin categories covered by Chapter 3 Part I I Corporation Tax AGI 201 O or Section 256 of the T axaiion of Chargeable Gains Act 1992, to the extent that such income or 8ains ar¢ Applied exclusively to ¢haritablt' purposes. Fund Rccountliig Unr¢51rictcd funds can be used in accordan¢e with the charitable objectives at the discretion of the trustees, Restricted funds c4n only bc used for parti¢ular restricted purposes wiihin the obje¢15 of the charity, Restrictions arise when specified by the donor or when funds are raised for particulai" re51ricled purposes. Furtl)er explanation of the nature and purpose of each fund is included in the notes to th¢ finan¢ial slat¢ments. Penslon costs Contributions lo the Charity's defined contribution pension scheme ure charged to the Sialem¢nt of Financial Activities in the year in which they become Payable. BASIC FlllAnclal Instruments The charity has only financial asseis and finftncial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially reco¥nised al transaction valiie and are subs¢quently measured at their settlement valuc with the ¢xceplion of bank loans whiLh ar¢ measured al amortised cost using the effective interest meihod. DONATIONS AND LEGACIES 2024 2023 Miscellaneous donations 58,274 99,009 Page 18 continued...
ABANDOFBROTHERS OTE TH NAN ST ME FOR TIIE YEAR ENDED 31 MARCH 2024 INVESTMEIYT INCOME 2024 2023 Deposlt account interest 2,628 458 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Progrftmme delivery Grants 392,633 414,657 Grants received, in¢luded in the above, are as follows.. 2024 2023 Miscellaneous E&81 Brighton Trust The John Jackson Charitable Trust Dulverton Trust Blagrftve Trust Tudor Trust Th¢ Brothers Trust Ernest Kleinwort The 29th May 1961 Trust Serve All Trust AB Charilable Trust Sussex Community Foundation CB und HH 1984 Trust Cornwall Community Foundation Noel Buxton Churitable Trust Sam and Bella Sebba Charitable Trust Crimebeal Garfield Weston Trust Leamingion Rotary Club Swire Charitable Trust Charles Hayward Foundation Crawley Youth and Community Centr¢ Lealh¢rsellers c.halk Cliff Trust Leach Family Fligh Sheriff of Warwickshire Co-op Community Fund Bristol Bristol Council c.ornwall Council Pocressi First Central Hampshire & Isle of Wight Community Foundation Oxford Round Table Private Donor Albert Gubay Foundation Austin and Hope Pilkington Trust Cornwall Community Foundation 99 475 6.700 40,000 40,000 30,000 20.000 6,000 5,000 20,000 20,000 44,000 20,000 25,000 10.000 2.000 5,000 2,500 14.260 810 30,000 500 20,000 25,000 20,000 1,000 20,000 5,000 35,000 5,000 7,500 1,000 3,614 20,000 2,883 50,000 1,000 10,000 400 1,358 40,000 100,000 30,000 .000 20.113 Carried fotTrvard 347,555 414,657 Page 19 continued...
ABA FBROT NOTE TO THE FINAN IAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 nued INCOME FROM CHARITABLF ACTIVITIES. coJ)tinued 2024 2023 Brought forward Leamington Town Council Helston Town Council Govia Thameslink Railway Sussex Mason5 Waitrose Community Mat*rs John and Julie Egan Charitable Trust Penzan¢e Rotary Club East Sussex County Council 347,555 ,750 2.500 25,000 3,996 1,000 5,000 1,000 4,832 414.657 392.633 414,657 RAISING FUNDS Raising donfitlons and legacles 2024 2023 Advertislng, PR and fundraising 28,637 41.311 CHARITABLE ACTIVITIES COSTS Direct C(Ists (see note 7) Support Costs (see note 8) Tolols Pro8rAmme delivery 3,158 429,829 DIRECT COSTS OF CHARITABLE ACTIVITIES 2024 2023 Direcl expenses Programme Delivery Depreciation 128,270 297,812 589 163,834 313,770 447 426,671 478,051 Page 20 continued...
ABANDOFBROT NOTE TO THE FINAN IAL TAT MEN FOR THE YEAR ENDED 31 MARCH 2024 -co ued SUPPORT COSTS Governance costs Programme delivery 3,158 Support costs, included in the above, are as follow8: 2024 2023 Total activities Progyrainme delivery Bank charges Indep¢ndent examination 160 2,998 198 2,573 3,158 2,771 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after charging/(crediting): 2024 2023 Depreciation - owned assets 589 447 io. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, r¢mun¢ration or oih¢r benefits for the year ended 31 Mawh 2024 nor for the year ended 31 March 2023, Trustee$, expen$es During the year two trustees were r¢imbursed travel and ¢onferen¢e expenses lotalling £114 {2023., £358 reimbursed to two trustees), STAFF COSTS Staff ¢osts during th¢ year amounted to , 2024 2023 Grnss Pay Employers National Insurance Employers Pension Contribution Redundancy s¢ttlem¢nt 167,260 8,008 3,688 196,534 15,700 4,842 21 The average number of employees was 9 (2023 . 6). No employee received emoluments in excess of £60,000. The charity considers its Key Management Personnel to be the trustees and senior management staff. The total emoluments paid to the Key Management Personnel were £112.173 (2023., £154,282). Pag¢21 ¢ontinu¢d...
ABANDOFBROTHERS OTE TOT FINA FOR THE YEAR ENDED IAL TATE ENT IMAR H 2024 continued 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ALIIVITIES lJnrestri¢ted fund Restricted funds Total funds INCOi¥QE AND ENDOWMENTS FROM Donations and legacies 71,620 27,389 99,009 ChAritAble 4ctivltle$ Programme delivery 295,260 119,397 414,657 Invc51menl income 458 458 Total 367,338 146,786 514,124 EXPENDITURE ON Raising funds 41,311 41,311 CharltAbl¢ Rctlvltles Programme delivery 166,702 314.120 480,822 Total 208,013 314,120 522,133 NET INCOME/(EXPENDITURE) Trgnsfers between funds 159,325 1131.745) (167,334) 131,745 (8,009) Net movement In funds 27,580 (35,589) (8,009) RECONCILIATION OF VUNDS Total funds broughi forward 120,859 100,347 221,206 TOI'AL FUNDS CARRIED FORWARD 148,439 64,758 213.197 Page 22 continued...
ABANDOFBROTH NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 tinued 13. TANGIBLE FIXED ASSETS J)lant and niachinery Computer equipment Totals COST At l April 2023 Addilions Disposals 6,135 1,763 3,158 (1,763) 7,898 3,158 (7,898) (6,135) AI 31 March 2024 3,158 3.158 DEPRECIATION At l April 2023 Charge for year Eliiiiinaled on disposal 5,899 236 {6,135) 470 353 (823) 6,369 589 (6,958) At 31 March 2024 NET BOOK VALUE At 31 March 2024 3,158 3,158 At 31 Mwch 2023 236 1,293 1,529 14. FIXED ASSET INVESTMENTS Share5 in group undertakings MARKET VALUK Ai i April 2023 and 31 March 2024 100 NET BOOK VALUE At 31 Marcl) 2024 100 At 31 March 2023 100 There were no investment assets oulsidc the UK. The company's investments al th¢ balonce sheet date in the share Gapilal of companies include the following., ABOB TrAdlng Ltd Regislered office.. Nature of business.. Dom)ant Class of share: Ordiiiary holding 100 Page 23 continued...
ABANDOFBRO RS NOTES TO T FIN NCIAL STATEMENTS - R THE YEAR ENDED 31 MARCH 2024 ntinu 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade credilors Social security and other taxes Other creditors AccNals and defetTed income AccN¢d expcn5es 11.799 961 499 60,000 4,747 2,393 4,451 838 20,000 3,522 78.006 31,204 io. MOVEMENT IIY FUNDS Nel moveinenl in flinds Transfers belwcen funds At 3113124 At 114123 Unrestrlcted funds General fund 148,439 145,951 (109,816) 184,574 Re$trlcted fuiids Bri8hion Crawley Easlboume Brighton Food Oxford Bristol Hastings Leaniington Portsmouth Wellbeing Iinpact Measurenient Falmouth Fran¢hise Development Restart Youth Project Snowdon Trip Penzance Man¢hest¢r (inc Albert Gubay) (6,120) 111,642) (1,994) (306) 1?1,623) (17,678) {?1,240) (15,292) 1?1,430) (274) (9.813) {8,796) (4,451) (1,240) (2,986) (10,731) 4,734 6.120 11,642 1,994 306 21,623 8,917 21.240 3.808 14,945 8,761 11,484 6,485 274 17,908 8,095 8,796 4,451 9,089 6,000 7,849 3,014 10,731 4.734 64,758 (1 $0,882) 109,816 23,692 TOTAL FUNDS 213,197 14,931) 208,266 Page 24 continued...
ADANDOPDIIOTllPRS NOTES T THE FINANCIA STATEME R THE YEAR ENDED 31 MARCH 2024 TS- nue 16. MOVEMENT IN FUNDS - contlnued Net movement in funds, included in the above are as follows: Iiicoming resourc¢s Resources expended Movement in funds Unrestrlcted funds General fund 3Q2,518 (156.567) 145,951 Restrlcted funds Brighton Crawley EtbOurne Brighton Food Oxford Bristol Flasiings Leamington Portsmouth National Wellbeing Iinpacl Measurement Falmouth Franchise Developinent Restart Youth Project Snowdon Trip London Penzance Manchester (Inc Albert Gubay) 19,543 10,850 (25.663) (22,492) (26,966) (306) (22.977) (21,280) (22,075) (27,071) (22,054) (2,336) (274) (19,813) (29.211) (4,451) (1,240) (2,986) (6,120) (11.642) (1,994) (306) (21,623) (17,678) (21,240) (15,292) (21,430) 1,354 3,602 835 11,779 624 2.336 i 0,000 0,415 (274) (9,813) (8,796) (4,451) (1,240) (2,986) 12,605 31,991 (23.336) (27,257) (10,731) 4,734 151,017 (301,899) (150,882) TOTAL FUNDS 453,535 (458,466) (4,931) Page 25 continued...
ABA DOFBR RS NOT THE FIN IAL STATEMENTS- FOR THE YEAR ENDED 31 MARCII 2024 nued 16. MOVEMENT IN FIINDS - eontinued CompAritlve5 for movement In funds Net mi)vem¢nt in funds Transfers belween nds Ai 3113123 At 114122 Unrestrlcted funds General fund 120,859 159,325 (131,745) 148,439 Restrleted funds Eastbourne Homes Brighton Crawley Eastbourne Brighton Food Cornwall Oxford Brisiol Haslingy L¢ainington Manchestcr Portsinoulh National Wellbeing Impact Measurement Franchise Development Restart Youih Project Community Mentors Snowdon Trip London (1,809) (93,709) (11,451) ?2,641) 1,809 23,709 5,954 18,865 5.497 3,776 306 17,163 306 (74,237) (18.945) 353 92,765) {13,952) (14,380) 1,545 (10,642) {50) 9,319 (2,024) (911) (12,059) 6,000 (4,976) 7,074 18,945 8,408 22,765 8,761 25,436 11,484 14,380 4,860 80 10,642 324 ,589 6,475 10,000 12,059 6.485 274 17,908 4,451 9,089 6,000 4,976 100,347 (11Tr7,334) 131,745 64,758 TOTAL FUNDS 221,206 18,009) 213,197 Page 26 continued...
ABANDOFBR THE TEST HE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 ontinu 16, MOVEMEIYT IN FUNDS- contlnued Comparativ¢ net movement in funds, included in the above are as follows., Incoming resources Rcsources expended Movement in funds Unrestrleted funds General fund 3C)7,338 (208,013) 159,325 Restrlcted funds Eastbourne Flomes Brighton Crawley Eastbourne Cornwoll Oxford Brislol Hastings Lellmington Munchesler Portsmouth National Wellbeing ImpaLt Measurem¢iil branchise Development Reslort Youth Proje¢l Community Mentors Snowdon Trip Londort (1,809) (27,679) (12,053) (25,279) (37,382) (20,218) (24,855) (24,881) (23,574) (17.317) (10,624) (55,229) (50) (13,181) (2,024) (911) (12,059) (1,809) (23,709) (11,451) (22,641) (24,237) (18,945) 353 (22,765) {13.952) (14,380) 1,545 (10,642) (50) 9,319 (2,024) (911) (12.059) 6,000 (4,976) 3,970 602 2,638 13,145 ,273 2.116 9,622 2,937 12,169 44,587 6,000 19 (4,995) 146,786 (314.120) (167,334) TOTAL FUNDS 514,124 (522,133) (8,009) The purpose of the restricted funds wcre as follows . Brighton Enstbourne, Crftwley Govia Thameslink Railway Funding for Inentoring and quest weekends for the Sussex Communities Sussex Masons, funding for equipment in the Suss¢x coinmunties Bristol Co-op Community Fund; Funding for mentoring and quest weekends in Bristol CrAwley John Laing Charitable Trust, venue costs for Crawley Eastbourne John Jackson. Funding for mentoring and quest weekends in Easlbourne Imp4Ct Measurement POCSsi. funding for measuring impact of all communities Cornwall. Falmouth and Penzance Austin & Hope Pilkinglon Trust. Funding for mentoring and quest weekends in Cornwall Page 27 continued...
ABAND BROTHER TES TO TH IP4ANCIAL ST EMENTS - FOR THE YEAR ENDED I MARCH 2 24 16, MOVEMENT IN FUNDS - continued Helston Town Council. Funding for mentoring and quest weekends in Cornwall Cornwall Cominunity Foundation. Funding for menioring and quest weL.kends In Cornwall People in Mind Wellbeing Foundation. Funding for mentoring aiid que%t weekends in Cornwall Police Propety Act. Funding for mentoring and quest weekends in Comwall Waitrose; Funding for mentoring and quest weekends in Cornwall LeAmington Spa L¢amington Spa Town Council. Funding for m¢ntoring and quest weekLnds in Leainington Spa CB and HH Chariluble Trust. Funding for mentoring7 and quest weekeiids in Leamingion Spa Crimebeg4t ;Fundinb, for mentorinsy and quest weekends in Leamingylon Spa in Leamington Spa John and Julie Eagan Charitable Trust. Funding for mentoring and quesi weekends in Leainington Spa Manchester Albert Gubuy; Funding for mentoring and quest we¢kends in Mancliesler 17. RELATED PARTV DISCLOSURKS Ther¢ were no related party transactions for the year ended 31 MArch 20?4. 18. SHARE CAPITAL The company is limited by guaraniee not having u share capital. In the event of the company bcing dissolved each Inember is liable up lo a maximum of £10 towards the ¢osl of dissolution and liabilities incurred by the ¢oinpany while helshe was a member. In the evenl of di5solulion, the nel assets of the charity after all 118 di.bts and liabilities have been paid shall be applied or transferred in any of the following w&ys . a).Dire¢t for ihe objects, or b).By transfer to Rny charity or charities for purposes similar to tlie objec15, or c).To any charity for use for parti¢ular purposes that fall within the objects. STATUTORY INFORMATION 19. Abandotbrother5 is a charitable company, limited by guar4nlee, re81.itercd in England and Wales and has no sharc capital. No one member has overall Control of the cliarity. The company's registered offi¢e address And registered number can be found in the 'legal and administrative inforniation, section of the truste¢s tn] r¢port. Page 28