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2022-12-31-accounts
|
Page |
| Trustees' Annual Report |
1-9 |
| Report of the Independent Auditor |
10-12 |
| Statement of Financial Activities |
13 |
| Balance Sheet |
14 |
| Statement of Cash Flows |
15 |
| Notes to the Financial Statements |
16
- 24 |
| Directors/Trustees |
|
Adem Arkadas-Thibert |
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|
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Eva Geidenmark |
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Aoife Nolan |
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Kirsten Sandberg |
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Margaret Tuite |
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(Chair) |
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Ed Velasco |
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Tomas Ayuso |
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Jerusha Burnham |
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Enakshi Thukral |
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Kevin Koh |
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| Senior Management |
|
Veronica Yates (CRIN Director) (resigned 30 April |
|
|
|
|
2022) |
|
|
|
Leo
Ratledge
(CRIN |
Co-Director) |
|
|
(appointed |
1 |
January |
| 2023) |
|
|
|
|
|
|
|
|
|
|
Lianne Minasian(CRlN |
Co-Director) |
|
|
(appointed |
1 |
January |
| 2023) |
|
|
|
|
|
|
|
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| Registered/Principal |
Office |
Unit 4, Old Paradise Yard |
|
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|
|
|
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|
20 Carlisle Lane |
|
|
|
|
|
|
|
|
London |
|
|
|
|
|
|
|
|
SEI 7LG |
|
|
|
|
|
|
| Charity Name: |
|
Child Rights International |
|
Network |
- CRIN |
|
|
|
| Charity Registration |
Number |
1125925 |
|
|
|
|
|
|
| Company Registration Number |
|
06653398 |
|
|
|
|
|
|
| Auditors |
|
Myrus Smith Chartered |
Accountants |
|
|
|
|
|
|
|
Norman House |
|
|
|
|
|
|
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|
8 Burnell Road |
|
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Sutton, Surrey |
|
|
|
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|
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SMI 4BW |
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|
|
|
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| Bank |
|
CAF Bank Limited |
|
|
|
|
|
|
|
|
25 Kings Hill Avenue |
|
|
|
|
|
|
|
|
Kings Hill |
|
|
|
|
|
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|
West Malling, Kent |
|
|
|
|
|
|
|
|
ME19 4JQ |
|
|
|
|
|
|
|
|
Unrestricted |
Restricted |
Total |
Total |
|
Notes |
Funds |
Funds |
Funds |
Funds |
|
|
2022 |
2022 |
2022 |
2021 |
| Income from: |
|
|
|
|
|
| Charitable activities |
2 |
750,667 |
192,655 |
943,322 |
763,111 |
Investments
— income |
|
5,612 |
|
5,612 |
375 |
| Other income |
3 |
110 |
|
110 |
|
|
|
756,389 |
192,655 |
949,044 |
763,486 |
| Expenditureon: |
|
|
|
|
|
| Charitable Activities |
4 |
605,796 |
212,988 |
818,784 |
630,240 |
|
|
605,796 |
212,988 |
818,784 |
630,240 |
| Net income/(expenditure) |
7 |
150,593 |
(20,333) |
130,260 |
133,246 |
| Transfers between funds |
|
|
|
|
|
| Net movement in funds |
|
150,533 |
(20,333) |
130,260 |
133,246 |
| Reconciliation of funds |
|
|
|
|
|
| Balance brought forward |
|
E923,440 |
E23,607 |
947,047 |
813,801 |
| Balance carried forward |
|
|
E3,274 |
El ,077 ,307 |
É947,047 |
|
Notes |
2022 |
|
2021 |
| Fixed Assets |
|
|
|
|
| Tangible assets |
8 |
|
|
1,654 |
| Current Assets |
|
|
|
|
| Debtors |
9 |
26,671 |
|
27,549 |
| Cash at bank and in hand |
|
1,771,137 |
|
|
|
|
|
|
1,538,192 |
| Creditors: amounts falling due within |
|
|
|
|
| one year |
10 |
720,501 |
|
592,799 |
| Net Current Assets |
|
|
1,077,307 |
945,393 |
| NET ASSETS |
11 |
|
1,077,307 |
E947,047 |
| Represented by: |
|
|
|
|
| FUNDS |
|
|
|
|
| Restricted |
12 |
|
3,274 |
23,607 |
| Unrestricted |
12 |
|
|
923,440 |
|
|
|
|
E947,047 |
|
2022 |
2021 |
| Cash flows from operating activities: |
|
|
| Net movement in funds per statement of financial activities |
130,260 |
133,246 |
| Adjustments for: |
|
|
| Depreciation |
1,654 |
2,651 |
| Profit on disposal of tangible fixed assets |
|
|
| Bank interest receivable |
(5,612) |
(110) |
| (Increase)/decrease in debtors |
878 |
107,293 |
| (Decrease)/increase in creditors |
127,702 |
71,672 |
| Net cash (usedin) / provided by operating activities |
254,882 |
314,752 |
| Cash flows from investing activities: |
|
|
| Bank interest received |
5,612 |
110 |
| Purchase of tangible fixed assets |
|
|
| Proceeds from disposal of tangible fixed assets |
|
|
| Net cash provided by/(usedin) investing activities |
5,612 |
110 |
| Change in cash and cash equivalents in the year |
260,494 |
314,862 |
| Cash and cash equivalents brought forward |
1,510,643 |
1,195,781 |
| Cash and cash equivalents carried fonvard |
|
El |
| Analysis of cash and cash equivalents |
2022 |
2021 |
| Cash at bank |
|
El |
| INCOME FROM CHARITABLEACTIVITI |
ES |
|
|
|
|
Unrestricted |
Restricted |
Total |
Total |
|
Funds |
Funds |
2022 |
2021 |
| Grants and Contracts |
|
|
|
|
| The Joseph Rowntree Charitable Trust |
|
53,000 |
53,000 |
53,000 |
| Oak Foundation |
|
94,690 |
94,690 |
33,126 |
| Wellspring |
684,539 |
|
684,539 |
556,894 |
| Save the Children Sweden |
7,835 |
|
7,835 |
7,914 |
| Neo Philanthropy |
|
2,957 |
2,957 |
14,387 |
| IFEX Projects |
|
15,048 |
15,048 |
|
| Child Soldiers International |
|
|
|
|
| New Venture Fund |
58,293 |
9,186 |
67,479 |
85,163 |
| Global Campus of Human Rights |
|
16,024 |
16,024 |
10,877 |
| Matrix Chambers |
|
1,750 |
1,750 |
1 ,750 |
|
E750,667 |
E192.655 |
€943,322 |
E763,111 |
| 3. |
OTHER INCOME |
OTHER INCOME |
|
|
|
|
Unrestricted |
|
Restricted |
Total |
Total |
|
|
Funds |
Funds |
2022 |
2021 |
|
Gifts and donations |
110 |
|
110 |
|
|
|
EIIO |
E Nil |
EIIO |
ENil |
|
All of the Enil recognised in 2021 was related to |
unrestricted |
funds. |
|
|
| 4. |
EXPENDITURE ON CHARITABLEACTIVITIES |
|
|
|
|
|
Unrestricted |
|
Restricted |
Total |
Total |
|
Funds |
|
Funds |
2022 |
2021 |
|
Direct Costs |
|
|
|
|
|
Salaries, fees and related costs |
430,889 |
196,409 |
627,298 |
462,850 |
|
Activities costs |
133,029 |
13,103 |
146,132 |
129,106 |
|
Foreign exchange losses |
12,964 |
|
12,964 |
9,485 |
|
|
576,882 |
209,512 |
786,394 |
601
,441 |
|
SupportCosts |
|
|
|
|
|
Premises costs |
5,336 |
2,860 |
8,196 |
8,551 |
|
Office and administration costs |
16,246 |
216 |
16,462 |
13,135 |
|
Website, computer and IT costs |
3,533 |
200 |
3,733 |
3,253 |
|
Governance (see note 5) |
3,779 |
200 |
3,979 |
3,860 |
|
|
28,894 |
3,476 |
32,370 |
28,799 |
|
|
E605,776 |
212,988 |
818,764 |
E630,240 |
|
|
|
|
|
| 5. |
GOVERNANCE COSTS |
|
2022 |
2021 |
|
Auditors remuneration |
- Audit services |
3,270 |
3,260 |
|
|
- Non-audit services |
600 |
600 |
|
Council meetings |
|
109 |
|
|
|
|
E3,979 |
E3,860 |
| 6. |
STAFF COSTS |
|
2022 |
2021 |
|
Wages and salaries |
|
409,491 |
330,138 |
|
Redundancy |
|
30,000 |
|
|
Social security |
|
26,489 |
25,502 |
|
Pension costs (defined contribution schemes) |
|
20,475 |
17,804 |
|
|
|
E486,455 |
E373,444 |
| Net income is stated after charging/(crediting): |
2022 |
2021 |
| Auditor's remuneration |
3,870 |
3,860 |
| Depreciation |
1,654 |
2,651 |
| Profit on disposal of tangible fixed assets |
|
|
| Operating lease rentals |
8,196 |
8,551 |
| 8. |
TANGIBLE FIXED ASSETS |
|
|
|
|
|
Office |
Computer |
|
|
|
Furniture |
Equipment |
Total |
|
Cost |
|
|
|
|
At 1 January 2022 |
1,049 |
11,838 |
12,887 |
|
Additions |
|
|
|
|
At 31 December 2022 |
1,049 |
11,838 |
12,887 |
|
Depreciation |
|
|
|
|
At 1 January 2022 |
1 ,049 |
10,184 |
11 ,233 |
|
Charge for the year |
|
1,654 |
1,654 |
|
At 31 December2022 |
1,049 |
11,838 |
12,887 |
|
Net Book Value |
|
|
|
|
At 31 December 2022 |
ENil |
ENil |
ENil |
|
At 31 December 2021 |
ENil |
El,654 |
El1654 |
| 9. |
DEBTORS |
|
|
|
|
|
|
2022 |
2021 |
|
Prepayments |
|
1,990 |
1 ,688 |
|
Other debtors |
|
1,395 |
12,943 |
|
Accrued income |
|
23,286 |
12,918 |
|
|
|
26,671 |
€271549 |
| IO. |
CREDITORS: Amounts falling due within one year |
|
2022 |
2021 |
|
Tax and Social Security |
|
6,970 |
10,281 |
|
Accruals |
|
12,616 |
3,850 |
|
Deferred income |
|
678,410 |
578,668 |
|
Other creditors |
|
22,505 |
|
|
|
|
E720,501 |
€592,799 |
|
Balance |
|
|
|
Balance |
|
at |
|
|
|
at |
|
1 January |
Additions in |
Released |
31 |
December |
|
2022 |
the year |
to income |
|
2022 |
| Analysis of deferred income |
|
|
|
|
|
| Wellspring |
491,747 |
718,788 |
671 ,444 |
|
539,091 |
| Tides Broad Ready |
|
32,466 |
|
|
32,466 |
| Neo Philanthropy |
2,957 |
|
2,957 |
|
|
| New Venture Fund |
47,083 |
56,500 |
58,293 |
|
45,290 |
| Oak Foundation |
33,126 |
123,127 |
94,960 |
|
61,293 |
| Global Campus of Human Rights |
2,005 |
|
2,005 |
|
|
| Matrix Chambers |
1,750 |
|
1,750 |
|
|
|
E578,668 |
E930,881 |
€8311409 |
|
€678,140 |
|
Unrestricted |
Restricted |
Total |
|
FundS |
Funds |
Funds |
| Fixed assets |
|
|
|
| Current assets |
1,732,971 |
64,837 |
1,797,808 |
| Current liabilities |
(658,938) |
(61,563) |
(720,501) |
| As at 31 December2022 |
|
E3,274 |
|
Comparative information for the analys
follows: |
is
of net assets between fun |
ds
in the previo |
us year is a |
|
Unrestricted |
Restricted |
Total |
|
Funds |
Funds |
Funds |
| Fixed assets |
1 ,654 |
|
1 ,654 |
| Current assets |
1,465,915 |
72,277 |
|
| Current liabilities |
(544,129) |
(48,670) |
(592,799) |
| As at 31 December2021 |
E923,440 |
€23,607 |
E947,047 |
| 12. |
MOVEMENT IN FUNDS |
Balance |
|
|
|
Balance |
|
|
at |
|
|
|
At 31 |
|
|
1 January |
|
|
|
December |
|
|
2022 |
Income |
Expenditure |
Transfers |
2022 |
|
Unrestricted Funds |
|
|
|
|
|
|
General Funds |
923,440 |
756,389 |
605,796 |
|
|
|
Restricted Funds |
|
|
|
|
|
|
CSI Fellowship |
565 |
|
565 |
|
|
|
Ending Impunity for Sexual Violence
Ending Military Recruitment |
9,433
60 |
94,690 |
110,344
60 |
|
(6,221) |
|
Ending Violation of Children's Rights |
|
53,000 |
50,463 |
|
2,537 |
|
Building Internal Capacity to Engage |
|
|
|
|
|
|
in Strategic Future Thinking |
9,594 |
2,957 |
12,551 |
|
|
|
Access to Justice for Children's |
|
|
|
|
|
|
Rights |
17 |
1,750 |
1 ,767 |
|
|
|
Ending Child Sexual Exploitation and |
|
|
|
|
|
|
Abuse |
487 |
9,186 |
6,043 |
|
3,630 |
|
Advancing Children's Rights |
|
|
|
|
|
|
Strategic Litigation |
3,451 |
16,024 |
17,573 |
|
1 ,902 |
|
Children's Rights Approach to |
|
|
|
|
|
|
Encryption |
|
15,048 |
13,622 |
|
1 ,426 |
|
Sub-totals |
23,607 |
192,655 |
212,988 |
|
|
|
|
€947,047 |
€949,044 |
€818,784 |
|
|
| Comparative informa |
tion fo |
r the movem |
ent in funds i |
n the previou |
s year is as fol |
lows: |
|
|
|
|
Balance |
|
|
|
Balance |
|
|
|
at |
|
|
|
At 31 |
|
|
|
1 January |
|
|
|
December |
|
|
|
2021 |
Income |
Expenditure |
Transfers |
2021 |
| Unrestricted Funds |
|
|
|
|
|
|
|
| General Funds |
|
|
808,029 |
621,183 |
489,262 |
(16,510) |
923,440 |
| Restricted Funds |
|
|
|
|
|
|
|
| Right to Education Initiative |
|
|
|
|
|
|
|
| CSI Fellowship |
|
|
565 |
|
|
|
565 |
| PSEA Collective |
|
|
|
|
|
|
|
| Ending Impunity for Sexual |
|
Violence |
|
33,126 |
23,693 |
|
9,433 |
| Ending Military Recruitment |
|
|
3,460 |
|
3,400 |
|
60 |
| Ending Violation of Children's Rights |
|
|
|
53,000 |
69,510 |
16,510 |
|
| Building Internal Capacity to Engage |
|
|
|
|
|
|
|
| in Strategic Future Thinking |
|
|
1,747 |
14,387 |
6,540 |
|
9,594 |
Access
to
Justice |
for |
Children's |
|
|
|
|
|
| Rights |
|
|
|
1,750 |
1 ,733 |
|
17 |
| Ending Child Sexual |
Exploitation and |
|
|
|
|
|
|
| Abuse |
|
|
|
29,163 |
28,676 |
|
487 |
Advancing
Children's |
|
Rights |
|
|
|
|
|
| Strategic Litigation |
|
|
|
10,877 |
7,426 |
|
3,451 |
| Sub-totals |
|
|
5,772 |
142,303 |
140,978 |
|
23,607 |
|
|
|
€813,801 |
E763,486 |
E630,240 |
|
€947,047 |