| Page | |||
|---|---|---|---|
| Trustees' | Annual Report |
1-9 | |
| Report of | the Independent | Auditor | 10 - 12 |
| Statement | of Financial Activities |
13 | |
| Balance Sheet | |||
| Statement | ofCash Flows | 15 | |
| Notes to the Financial Statements | 16-24 |
| Reference and adm | Reference and adm | Reference and adm | i | nistrative deta |
ils | |||
|---|---|---|---|---|---|---|---|---|
| Directors/Trustees | Adem Arkadas-Thibert | |||||||
| Eva Geidenmark | ||||||||
| Aoife Nolan | ||||||||
| Kirsten Sandberg | ||||||||
| Margaret Tuite |
(Chair) | |||||||
| Tomas Ayuso | ||||||||
| Jerusha Burnham |
||||||||
| Enakshi Thukral |
||||||||
| Kevin Koh | ||||||||
| Senior | Management | Leo Ratledge (GRIN Co-Director) |
||||||
| Lianne Minasian(GRIN | Co-Director) | |||||||
| Registered/Principal | Office | Unit SB.152, China Works | ||||||
| Black Prince Road | ||||||||
| London | ||||||||
| SE17SJ | ||||||||
| Charity | Name: | Child Rights International | Network | —GRIN | ||||
| Charity | Registration | Number | 1125925 | |||||
| Company | Registration | Number | 06653398 | |||||
| Auditors | Myrus Smith Chartered | Accountants | ||||||
| Norman House |
||||||||
| 8 Burnell Road | ||||||||
| Sutton, Surrey | ||||||||
| SM1 4BW | ||||||||
| Bank | CAF Bank Limited | |||||||
| 25 Kings Hill Avenue |
||||||||
| Kings Hill |
||||||||
| VVest Mailing, Kent |
||||||||
| ME194JQ |
| FOR | THE YEAR EN | DED 31 DECE | MBER 2023 | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Notes | Funds | Funds | Funds | Funds | |||
| 2023 | 2023 | 2023 | 2022 | ||||
| F | F | F | |||||
| Income from: | |||||||
| Charitable activities |
680,120 | 229,651 | 909,771 | 943,322 | |||
| Investments —income |
28,387 | 28,387 | 5,612 | ||||
| Other income | 'I,559 | 1,559 | 110 | ||||
| 710,066 | 229,651 | 939,717 | 949,044 | ||||
| Expenditure on: |
|||||||
| Charitable Activities |
578,169 | 180,296 | 758,465 | 818,784 | |||
| 578,169 | 'I80,296 | 758,465 | 818,784 | ||||
| Net income/(expenditure) | 131,897 | 49,355 | 181,252 | 130,260 | |||
| Transfers between |
funds | ||||||
| Net movement | in funds | 13'I,897 | 49,355 | 181,252 | 130,260 | ||
| Reconciliation | offunds | ||||||
| Balance brought | forward | 1,074,033 | 3,274 | 1,077,307 | 947,047 | ||
| Balance carried | forward | F1,205,930 | F52,629 | E1,258,559 | F1,077,307 |
| Notes | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| Fixed Assets | ||||||
| Tangible assets | ||||||
| Current Assets | ||||||
| Debtors | 28,591 | 26,671 | ||||
| Cash at bank and | in | hand | 1,527,051 | 1,771,137 | ||
| 1,552,642 | 1,797,808 | |||||
| Creditors: amounts | faIling due within | |||||
| one year | 10 | 297,083 | 720,501 | |||
| Net Current Assets | 1,077,307 | |||||
| NET ASSETS | 1,258,559 | E1,077,307 | ||||
| Represented | by: | |||||
| FUNDS | ||||||
| Restricted | 12 | 52,629 | 3,274 | |||
| Unrestricted | 12 | 1,205,930 | 1,074,033 | |||
| 81,258,559 | 5.1,077,307 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Cash flows from operating | activities: | ||||
| Net movement in funds per |
statement of |
financial activities | 181,252 | 130,260 | |
| Adjustments for: |
|||||
| Depreciation | 1,654 | ||||
| Profit on disposal oftangible fixed assets |
|||||
| Bank interest receivable | (28,387) | (5,612) | |||
| (Increase)/decrease in debtors |
(1,920) | 878 | |||
| (Decrease)/increase in creditors |
(423,418) | 127,702 | |||
| Net cash (usedin) iprovided by operating | activities | (272,473) | 254,882 | ||
| Cash flows from investing | activities: | ||||
| Bank interest received | 28,387 | 5,612 | |||
| Purchase oftangible fixed assets |
|||||
| Proceeds from disposal oftangible fixed |
assets | ||||
| Net cash provided byl(usedin) investing |
activities | 28,387 | 5,612 | ||
| Change in cash and cash |
equivalents | in the year | (244,086) | 260,494 | |
| Cash and cash equivalents | brought forward | 1,771,137 | 1,510,643 | ||
| Cash and cash equivalents | carried forward | E1,527,051 | E1,771,137 | ||
| Analysis ofcash and cash | equivalents | 2023 | 2022 | ||
| Cash at bank | F1,527,051 | E1,771,137 |
| INCOME FROM C | HA | RITA | BLE A | CTIVITI | ES | |||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| Funds | Funds | 2023 | 2022 | |||||
| Grants and Contracts | ||||||||
| The Joseph Rowntree | Charitable | Trust | 9,275 | 55,917 | 65,192 | 53,000 | ||
| Oak Foundation | 124,376 | 124,376 | 94,690 | |||||
| Wellspring | 596,325 | 596,325 | 684,539 | |||||
| Save the Children | Sweden | 7,257 | 7,257 | 7,835 | ||||
| Neo Philanthropy | 2,957 | |||||||
| IFEXProjects | 15,048 | |||||||
| Tides Broad Ready | 34,535 | 34,535 | ||||||
| New Venture Fund |
67,263 | 67,263 | 67,479 | |||||
| Global Campus of | Human | Rights | 14,823 | 14,823 | 16,024 | |||
| Matrix Chambers | 1,750 | |||||||
| F680,120 | f229,651 | 8909,771 | 2943,322 |
| Of the f943,322 restricted funds. OTHER INCOIIE |
recogni | sed in 202 |
2, 8750,667 related t |
o unrestricted | funds and |
f192,655 t |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | 2023 | 2022 | |||
| F | E | |||||
| Gifts and donations | 1,059 | 1,059 | 110 | |||
| Legacy | 500 | 500 | ||||
| f1,559 | KNil | F1,559 | F110 | |||
| All ofthe 2110recognised | in 2022 was related to unrestricted | funds. | ||||
| EXPENDITURE ON CHARITABLE ACTIVITIES | ||||||
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | 2023 | 2022 | |||
| E | E | |||||
| Direct Costs | ||||||
| Salaries, fees and | related | costs | 517,961 | 152,564 | 670,525 | 627,298 |
| Activities costs | 16,165 | 24,453 | 40,618 | 146,132 | ||
| Foreign exchange | losses | 14,527 | 14,527 | 12,964 | ||
| 548,653 | 177,017 | 725,670 | 786,394 | |||
| Support Costs | ||||||
| Premises costs | 7,173 | 1,895 | 9,068 | 8,196 | ||
| Office and administration | costs | 'I2,964 | 1,184 | 14,148 | 16,462 | |
| Website, computer | and ITcosts | 5,409 | 100 | 5,509 | 3,733 | |
| Governance (see note 5) | 3,970 | 100 | 4,070 | 3,979 | ||
| 29,516 | 3,279 | 32,795 | 32,370 | |||
| 578,169 | 180,296 | 758,465 | 818,764 |
| FOR THE | FOR THE | YEA | R ENDED 31 DECEM lcontd. .. |
BER 2023 | ||||
|---|---|---|---|---|---|---|---|---|
| 5. | GOVERNANCE | COSTS | 2023 | 2022 | ||||
| F | ||||||||
| Auditors | remuneration | -Audit | services | 3,370 | 3,270 | |||
| —Non-audit | services | 700 | 600 | |||||
| Council | meetings | 109 | ||||||
| E4,070 | E3,979 | |||||||
| 6. | STAFF | COSTS | 2023 | 2022 | ||||
| Wages | and salaries | 405,999 | 409,491 | |||||
| Redundancy | 30,000 | |||||||
| Social security Pension costs (defined |
contribution | schemes) | 37,253 21,235 |
26,489 20,475 |
||||
| 2464,487 | F486,455 |
| NET INCOIIIIE | ||
|---|---|---|
| Net income is stated after charging/(crediting): | 2023 | 2022 |
| Auditor's remuneration |
4,070 | 3,870 |
| Depreciation Operating lease rentals |
9,068 | 1,654 8,196 |
| TANGIBLE FIXEDASS | ETS | |||
|---|---|---|---|---|
| Office | Computer | |||
| Furniture | Equipment | Total | ||
| F | ||||
| Cost | ||||
| At 1 January 2023 | 1,049 | 11,838 | 12,887 | |
| Additions | ||||
| At 31 December 2023 | 1,049 | 11,838 | 12,887 | |
| Depreciation | ||||
| At 1 January 2023 | 1,049 | 11,838 | 12,887 | |
| Charge for the year | ||||
| At 31 December 2023 | 1,049 | 11,838 | 12,887 | |
| Net Book Value | ||||
| At 31 December 2023 | FNil | FNil | ||
| At 31 December 2022 | FNil | FNil | ENil | |
| DEBTORS | ||||
| 2023 | 2022 | |||
| Pre payments | 2,750 | 1,990 | ||
| Other debtors | 6,879 | 1,395 | ||
| Accrued income | 18,962 | 23,286 | ||
| F28,591 | f26,671 | |||
| CREDITORS: Amounts | falling due within one year | |||
| 2023 | ||||
| Tax and Social Security | 6,734 | 6,970 | ||
| Accruals | 8,459 | 12,616 | ||
| Deferred income |
281,890 | 678,410 | ||
| Other creditors | 22,505 | |||
| 297,083 | F730,501 |
| CREDITOR | S: Amounts falling du |
e within one year | /contd | ||
|---|---|---|---|---|---|
| Balance | Balance | ||||
| at | at | ||||
| 1 January | Additions in |
Released | 31 December | ||
| 2023 | the year | to income | 2023 | ||
| Analysis of | deferred income | f'. | |||
| Wel!spring Tides Broad |
Ready | 539,091 32,466 |
200,991 34,836 |
580,964 35,370 |
159,118 31,932 |
| New Venture | Fund | 45,290 | 50,000 | 67,263 | 28,027 |
| Oak Foundation | 61,563 | 125,627 | 124,377 | 62,813 | |
| 7678,'!40 | fA11,454 | F807,974 | F281,890 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| Funds | Funds | Funds | ||
| Fixed assets | ||||
| Current | assets | 1,408,268 | 147,374 | 1,555,642 |
| Current | liabilities | (202,338) | (94,745) | (297,083) |
| As at 31 December 2023 | D,205,930 | F52,629 | E1,258,559 |
| Compara follows. ' |
tive information for the analysi |
s of net assets between fun |
ds in the previ |
ous year is as |
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| Funds | Funds | Funds | ||
| E | ||||
| Fixed assets | ||||
| Current | assets | 1,732,971 | 64,837 | 1,797,808 |
| Current | liabilities | (658,938) | (61,563) | (720,501) |
| As at 31 | December 2022 | 61,074,033 | E3,274 | E1,077,307 |
| FO | FO | FO | R | TH | E YE | AR ENDED 31 /contd. .. |
DECEMBER | 2023 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12. | MOVEMENT IN |
FUNDS | Balance | Balance | ||||||||
| at | At 31 | |||||||||||
| 1 January | December | |||||||||||
| 2023 | Income | Expenditure | Transfers | 2023 | ||||||||
| E | ||||||||||||
| Unrestricted Funds |
||||||||||||
| General Funds |
1,074,033 | 710,066 | 578,169 | 1,205,930 | ||||||||
| Restricted Funds | ||||||||||||
| Ending impunity |
for | Sexual | Violence | (6,221) | 124,376 | 90,343 | 27,8'I2 | |||||
| Ending Violation |
ofChildren's | Rights | 2,537 | 55,917 | 38,777 | 19,677 | ||||||
| Protecting Children |
from harmful | |||||||||||
| Chemicals in the |
EU | and beyond | 34,535 | 32,464 | 2,071 | |||||||
| Ending Child Sexual |
Exploitation | and | ||||||||||
| Abuse | 3,630 | 2,114 | 1,516 | |||||||||
| Advancing Children's |
Rights | |||||||||||
| Strategic Litigation | 1,902 | 14,823 | 15,473 | 1,252 | ||||||||
| Children's Rights |
Approach | to | ||||||||||
| Encryption | 1,426 | 1,125 | 301 | |||||||||
| Sub-totals | 3,274 | 229,651 | 180,296 | 52,629 | ||||||||
| E1,077,307 | F939,717 | 2758,465 | FNII | E1,258,559 |
| Balance | Balance | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| at | At 31 | ||||||||
| 1 January | December | ||||||||
| 2022 | income | Expenditure | Transfers | 2022 | |||||
| E | E | ||||||||
| Unrestricted Funds |
|||||||||
| Generai Funds | 923,440 | 756,389 | 605,796 | 1,074,033 | |||||
| Restr icted Funds | |||||||||
| CSI Feliowship | 565 | 565 | |||||||
| Ending impunity |
for Sexual Violence | 9,433 | 94,690 | 110,344 | (6,221) | ||||
| Ending Military Ending Violation |
Recruitment of Children's |
Rights | 60 | 53,000 | 60 50,463 |
2,537 | |||
| Building Internal |
Capacity to Engage | ||||||||
| in Strategic | Future | Thinking | 9,594 | 2,957 | 'I2,551 | ||||
| Access to Justice for | Chiidren's | ||||||||
| Rights | 1,750 | 1,767 | |||||||
| Ending Child Sexual Exploitation Abuse |
and | 487 | 9,186 | 6,043 | 3,630 | ||||
| Advancing Children's Strategic Litigation |
Rights | 3,451 | 'l6,024 | 'I7,573 | 1,902 | ||||
| Children's Rights Approach to |
|||||||||
| Encryption | 'l5,048 | 13,622 | 1,426 | ||||||
| Sub-totals | 23,607 | 192,655 | 212,988 | 3,274 | |||||
| f947,047 | f949,044 | f818,784 | ENil | E1,077,307 |
| Minimum lease payments |
under non-cancellable oper |
ating leases fall due as follows: |
|
|---|---|---|---|
| Land and Buildings | 2023 | 2022 | |
| Operating leases payable |
within: | ||
| 1 year | F13,104 | RNII | |
| 1-5years | FNil | &Nil |