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2021-08-31-accounts

Registered number: 6657145 Charity number: 1127321

STOP THE TRAFFIK

(A company limited by guarantee)

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

STOP THE TRAFFIK

(A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the charity, its trustees and advisers 1
Trustees’ report (incorporating a Directors’ report) 2 – 9
Independent auditor’s report 10 – 13
Statement of financial activities 14
Balance sheet 15
Cash flow statement 16
Notes to the financial statements 17 – 25

STOP THE TRAFFIK

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2021

Directors

D Willson-Rymer T Pearce G Lawlor J Connell-Waite S Price M J Ryan P L Talibart S E Raine (appointed 15 December 2020) E Roberts (appointed 15 December 2020) J Patterson (appointed 15 December 2020) Company number 6657145 Charity number 1127321 Registered office 1 Kennington Road London SE1 7QP Company Secretary V Davey Chief Executive Officer Ruth Dearnley Independent Auditor Mercer & Hole 21 Lombard Street London EC3V 9AH

Page 1

STOP THE TRAFFIK

(A company limited by guarantee)

TRUSTEES’ REPORT (Incorporating Directors’ Report) FOR THE YEAR ENDED 31 AUGUST 2021

The Directors (who are also trustees of the charity for the purposes of the Charities Act) present their annual report together with the audited financial statements of STOP THE TRAFFIK (the company) for the year ended 31 August 2021. The Directors confirm that the annual report and financial statements of the company comply with the Companies Act 2006, the Charities Act 2011, the requirements of the company's governing document and the provisions of the Charities SORP 2019 applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Structure, governance and management

a. Constitution

STOP THE TRAFFIK (“STT”) is a global movement whose purpose is to end the buying and selling of people. The STOP THE TRAFFIK movement arose from a campaign initiated by Oasis Charitable Trust (and a steering group of 6 other organisations) and has grown successfully since its inception in 2006.

STOP THE TRAFFIK, the company, was set up by a Memorandum of Association on 28 July 2008. It is also a registered charity, number 1127321. Oasis International Association (OIA) is the founding member of the charitable company; STOP THE TRAFFIK is a subsidiary company of OIA.

STOP THE TRAFFIK holds the name and legal rights to the use of the brand. The right to grant partnership status to any third-party entity either to operate on a national or regional basis remains the prerogative of the STOP THE TRAFFIK board. These accounts and reports represent the activities of STOP THE TRAFFIK within the UK only. The principal object of the company is to promote Human Rights (as set out in the Universal Declaration of Human Rights, and safeguarded by the Final Protocol to the Convention for the Suppression of the Traffic in Persons and of the Exploitation of the Prostitution of Others (1950), the United Nations Convention on the Abolition of Slavery, the Slave Trade and Institutions and Practices Similar to Slavery(1975), the United Nations Convention on Transnational Organised Crime with its Supplementary Protocol to Prevent, Suppress and Punish Trafficking in Persons, Especially Women and Children (2003) and any other United Nations conventions and declarations) and to prevent the infringement of human rights by people trafficking throughout the world.

The Directors have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the aims and objectives and in planning future activities. In particular, the Directors consider how planned activities will contribute to the aims and objectives they have set.

b. Method of appointing Directors

The management of the company is the responsibility of the Directors who are elected and co-opted under the terms of the Articles of Association. The appointment of new Directors is subject to the approval of the Directors of OIA.

c. Policies adopted for the induction and training of Directors

New Directors are given a full induction and training as required.

d. Remuneration of Key Management Personnel

The key management personnel of the Trust comprise the trustees and senior management team. The pay for all senior staff follows the pay scales of the organisation which are evaluated according to the responsibilities of the post, with set grades and increments of pay. The pay of the Chief Executives are benchmarked with charities of comparable scale and reach and approved by the Boards.

e. Organisational structure and decision making

The Board of Directors have delegated day to day management of the company to the CEO but retain responsibility for major strategic and governance decisions. In order for STOP THE TRAFFIK to operate efficiently, the structure has developed in the year 2020/21 as follows:

Page 2

STOP THE TRAFFIK

(A company limited by guarantee)

TRUSTEES’ REPORT (Incorporating Directors’ Report) FOR THE YEAR ENDED 31 AUGUST 2021

The Executive provide subject matter expertise and are responsible for the delivery of global projects and services in line with the charity’s strategic objectives. The staff team is arranged in a project management structure, utilising human trafficking intelligence and collaboration with partners and clients in the design, development and delivery of projects and services.

Traffik Analysis Hub is a registered company (11451182) and UK registered charity (1192933). STOP THE TRAFFIK is the founding member of Traffik Analysis Hub. It is designed to be an independent repository for information from multiple sources about people trafficking or modern slavery. Now the largest picture of cases of human trafficking it is building a rich picture of slavery worldwide, to identify the hotspots and trends and turn that understanding into real time intelligence, which is shared with multiple stakeholders in order to build resilient communities. There are established data flows between Traffik Analysis Hub and STOP THE TRAFFIK which allows this data, and the intelligence view of it, to be used to create change through our projects.

Advisory Groups are in place to enhance strategic delivery of STOP THE TRAFFIK and Traffik Analysis Hub, ensuring potential is realised from combined resources and provide resilient communication pathways between the two companies.

Partnerships: STOP THE TRAFFIK is extending its global reach through diverse and extensive partnerships around its global work and will continue to expand this in order to achieve our vision. We have clear goals for the industries, sectors, and global locations that our partnerships will be most effective and required. These partnerships can involve securely sharing data, approach or projects.

STOP THE TRAFFIK has two affiliates. The affiliation agreement is a voluntary commitment between the STOP THE TRAFFIK board and the Affiliate. It enables the Affiliate to use the STOP THE TRAFFIK brand in accordance with an agreed set of operating standards, with a clear understanding of the consequences of failure to meet the standards being the removal of permission to use the brand.

STOP THE TRAFFIK groups consist of volunteers who meet regularly to take local action to combat trafficking within their community. These groups are not started by STOP THE TRAFFIK and operate completely independently.

e. Risk management

The Directors have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the company in relation to Covid-19, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

The risks and impact of Covid-19 has been assessed by the Directors and there is limited effect on the overall forecast position of the Company for the next 12 months. We have confirmed grant commitments from our major funders covering the period to August 2022 and beyond. We have adapted our operations to ensure we are protecting our staff, partners and others we work with. Covid-19 does not put the sustainability or financial performance at risk.

The Audit & Risk committee meet quarterly to assess key areas of risk, ensuring that adequate financial resources continue to sustain delivery, putting in place sustainable commercial relationships and adequate relationships with government and law enforcement and ensuring sufficient capacity to adequately manage substantial growth in the intelligence-led model. A risk register is maintained and reviewed on a regular basis and steps are taken to mitigate these risks.

Page 3

STOP THE TRAFFIK

(A company limited by guarantee)

TRUSTEES’ REPORT (Incorporating Directors’ Report) FOR THE YEAR ENDED 31 AUGUST 2021

f. Financial review

Total income for the year ended 31 August 2021 amounted to £869,148 (2020: £844,611). Costs of raising voluntary income increased to £11,852 (2020: £2,538) and charitable activity expenditure increased to £814,473 (2020: £711,164). Overall, a surplus of £42,823 (2020: £130,909) is reported for the year helping to build reserves in order to combat future fluctuations along with a very robust strategic plan.

STOP THE TRAFFIK’s income is generated through three distinct income streams; individual and community giving, grant funding, and business and community practice. All the income streams contribute towards the objectives of STT in preventing human trafficking globally through intelligence-led prevention. Individual and community giving contribute to the core running of our prevention operations; producing human trafficking intelligence, intelligence-led campaigns and collaboration with global and local partners to tackle human trafficking in their field of influence. The grant funding we receive contributes to the scaling of our intelligenceled capabilities, monitoring, evaluation and learning of our intelligence methodology and the delivery of prevention projects targeted towards a particular demographic, location or exploitation type. STT work with a number of organisations, through our business & community practice, providing training and support to help identify human trafficking and modern slavery in their operations, helping them to take appropriate steps to mitigate the risk of exploitation in their practices and support victims of human trafficking and modern slavery.

STOP THE TRAFFIK also received a number of donated services during the year. The company is very grateful to the relevant providers of those services. No financial value has been attributed to these services in the financial statements as the related activities would not have been undertaken if this time had not been donated. In addition, STOP THE TRAFFIK relies on volunteer time in order to carry out its activities at a local level. In line with the Charities SORP, this time has not been valued and included in the financial statements but amounts to an estimated 5,200 hours (2020: 10,800 hours). We thank all of the volunteers who have contributed to STOP THE TRAFFIK in this year.

g. Reserves

The Directors continue to review STOP THE TRAFFIK's need for reserves in line with the guidance issued by the Charity Commission and have adopted a policy to set aside funds of approximately three months running costs which is estimated to be £206,580 (2020: £178,500). The level of funds at 31 August is £559,858 (unrestricted is £491,674 and restricted £68,184) (2020: total funds £517,035, of which £368,219 was unrestricted, £41,175 designated and £107,641 restricted).

h. Going concern

The Directors have considered the risks, including the impact of Covid-19, and these include the ability for the charity to carry out its activities in an environment where social distancing rules are expected to be in force for some time. Most activities can continue to be delivered from a digital platform. The Directors have confirmed that the major sources of grant funding are committed and the delivery of the activities can be adjusted to ensure that guidelines around social distancing can still be applied. Furthermore, the Directors are confident that costs will only be incurred to the extent that income is secured. The Directors are confident that the charity has adequate resources to continue operating for the foreseeable future and, for this reason, the Directors continue to adopt the going concern basis in preparing the accounts.

The level of total reserves as at 31 August 2021 is £559,858 (2020: £517,035).

Page 4

STOP THE TRAFFIK

(A company limited by guarantee)

TRUSTEES’ REPORT (Incorporating Directors’ Report) FOR THE YEAR ENDED 31 AUGUST 2021

Strategic Objectives

The objectives of STOP THE TRAFFIK's for 2021-22 are to create a world where people are not bought or sold, by;

  1. reducing the recruitment of vulnerable people who are required to maintain the organised global business of human trafficking;

  2. preventing human traffickers from accessing (proceeds of crime) money and moving it through the financial systems;

  3. enabling business to identify and reduce the human trafficking and modern slavery risk within their operations and supply;

  4. developing and maintaining the richest global intelligence picture of trafficking, in order to provide the core delivery of STT activity;

  5. developing systems, people, partners and funding with a sustainable and strategic, evidence based approach;

  6. amplifying the issue and our response. Influencing systems for transformation at scale.

Achievements and performance

1) Reducing the recruitment of vulnerable people who are required to maintain the organised global business of human trafficking;

2) Preventing traffickers from accessing (proceeds of crime) money and moving it through the financial systems;

Page 5

STOP THE TRAFFIK

(A company limited by guarantee)

TRUSTEES’ REPORT (Incorporating Directors’ Report) FOR THE YEAR ENDED 31 AUGUST 2021

3) Enabling business to identify and reduce the human trafficking and modern slavery risk within their operations and supply;

4) Developing and maintaining the richest global intelligence picture of trafficking, in order to provide the core delivery of STT activity;

Page 6

STOP THE TRAFFIK

(A company limited by guarantee)

TRUSTEES’ REPORT (Incorporating Directors’ Report) FOR THE YEAR ENDED 31 AUGUST 2021

5) Developing systems, people, partners and funding with a sustainable and strategic, evidence based approach;

6) Amplifying the issue and our response. Influencing systems for transformation at scale;

Plans for the future

Key activities for 21-22 to implement our strategic goals are to:

1. Reduce the recruitment of vulnerable people who are required to maintain the organised global business of human trafficking.

2. Prevent human traffickers from accessing (proceeds of crime) money and moving it through financial systems.

Page 7

STOP THE TRAFFIK

(A company limited by guarantee)

TRUSTEES’ REPORT (Incorporating Directors’ Report) FOR THE YEAR ENDED 31 AUGUST 2021

3. Work with businesses to identify and reduce the human trafficking and modern slavery risk within their business and supply.

4. Develop and maintain the richest global intelligence picture of trafficking, in order to provide the core delivery of STT activity.

6. Amplify the issue and our response. Influencing systems for transformation at scale.

Page 8

STOP THE TRAFFIK

(A company limited by guarantee)

TRUSTEES’ REPORT (Incorporating Directors’ Report) FOR THE YEAR ENDED 31 AUGUST 2021

Statement of Directors’ responsibilities

The Directors (who are also trustees of STOP THE TRAFFIK for the purposes of charity law) are responsible for preparing the Directors' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Directors to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Directors are required to:

The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Provision of information to auditors

Each of the persons who are Directors at the time when this Directors' report is approved has confirmed that:

Auditors

Mercer & Hole were appointed as auditor to the company and in accordance with section 485 of the Companies Act 2006, a resolution that they be re-appointed will be put at a General Meeting

In preparing this report, the Directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the Directors on 16 December 2021 and signed on their behalf by:

D Willson-Rymer Trustee

Page 9

STOP THE TRAFFIK

(A company limited by guarantee)

Independent Auditor’s Report to the Members of Stop The Traffik

Opinion

We have audited the financial statements of Stop the Traffik (the ‘charitable company’) for the year ended 31 August 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Conclusions relating to going concern

We have nothing to report in respect of the following matters in which the ISAs (UK) require us to report to you where:

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Page 10

STOP THE TRAFFIK

(A company limited by guarantee)

Independent Auditor’s Report to the Members of Stop The Traffik

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors’ Report or the Trustees’ Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees’ responsibilities statement, the trustees (who are also the directors of the charitable company for the purpose of company law), are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 11

STOP THE TRAFFIK

(A company limited by guarantee)

Independent Auditor’s Report to the Members of Stop The Traffik

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud

Based on our understanding of the company and industry, we identified that the principal risks of non-compliance with laws and regulations related to breaches in Health & Safety and General Data Protection Regulations, and we considered the extent to which non-compliance may have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006.

We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements and the financial report (including the risk of override of controls), and determined that the principal risks were related to posting inappropriate entries including journals to overstate revenue or understate expenditure, and management bias in accounting estimates.

Audit procedures performed by the engagement team included:

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Page 12

STOP THE TRAFFIK

(A company limited by guarantee)

Helen Cain , Senior Statutory Auditor

For and on behalf of Mercer & Hole, Statutory Auditor

Mercer & Hole is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006

21 Lombard Street London EC3V 9AH

Date: 17 December 2021

Page 13

STOP THE TRAFFIK

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) FOR THE YEAR ENDED 31 AUGUST 2021

Note
INCOME FROM:
Donations and legacies
2
Other trading income
3
Charitable activities
4
TOTAL
EXPENDITURE ON:
Raising funds
5
Charitable activities
6
TOTAL
INCOME/(EXPENDITURE) FOR THE
YEAR, BEING NET MOVEMENT IN
FUNDS
Total funds at 1 September 2020
TOTAL FUNDS AT 31 AUGUST 2021		 Unrestricted
funds
Designated
funds
Restricted
funds
Total
funds
Total
funds

2021
£
2021
£
2021
£
2021
£
2020
£
408,584
21,290
266,015
695,889
741,930
807
-
-
807
218
133,966
38,486
-
172,452
102,463

543,357
59,776
266,015
869,148
844,611

11,852
-
-
11,852
2,538
408,050
100,951
305,472
814,473
711,164

419,902
100,951
305,472
826,325
713,702
123,455
(41,175)
(39,457)
42,823
130,909
368,219
41,175
107,641
517,035
386,126
491,674
-
68,184
559,858
517,035

The notes on pages 17 to 25 form part of these financial statements.

Page 14

STOP THE TRAFFIK

(A company limited by guarantee) REGISTERED NUMBER: 6657145

BALANCE SHEET AS AT 31 AUGUST 2021

2021 2021 2020 2020
Note £ £ £ £
CURRENT ASSETS
Debtors 10 103,185 72,354
Cash at bank and in hand 553,510 550,684
656,695 623,038
CREDITORS:amounts falling due within
one year 11 (96,837) (106,003)
NET CURRENT ASSETS 559,858 517,035
NET ASSETS 559,858 517,035
CHARITY FUNDS
Unrestricted funds 12 491,674 368,219
Designated funds 12 - 41,175
Restricted funds 12 68,184 107,641
TOTAL FUNDS 12 559,858 517,035

The financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The financial statements were approved and authorised for issue by the board on 16 December 2021 and were signed on its behalf by:

D Willson-Rymer Trustee

The notes on pages 17 to 25 form part of these financial statements.

Page 15

STOP THE TRAFFIK

(A company limited by guarantee) REGISTERED NUMBER: 6657145

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2021

Cash flows from operating activities
Net income
Adjustments for:
(Increase)/Decrease in debtors
Increase/(Decrease) in creditors
Net cash generated from operating activities
Net increase in cash in the year
Reconciliation of net cash flow movements to net funds
Net increase in cash in the year
At 1 September
At 31 August
Consisting of:
Barclays Current Account		 2021
£
42,823
(30,831)
(9,166)
2,826
2,826
2,826
550,684
553,510
553,510
553,510		 2020
£
130,909
(4,656)
27,986
154,239
154,239
154,239
396,445
550,684
550,684
550,684

The notes on pages 17 to 25 form part of these financial statements.

Page 16

STOP THE TRAFFIK

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

The accounts (financial statements) have been prepared in accordance with the Charities SORP (FRS102) applicable to charities preparing their accounts in accordance with FRS102 the Financial Reporting Standard applicable in the UK and Republic of Ireland, the Companies Act 2006, the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

The financial statements of the company are consolidated in the financial statements of Oasis Charitable Trust. These consolidated financial statements are available from its registered office, 1 Kennington Road, London, SE1 7QP. The company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated financial statements. The financial statements present information about the company as an individual entity and not about its group.

1.2 Company status

The company is a company limited by guarantee, incorporated and domiciled in the UK and is a public benefit entity. Oasis International Association is the sole member of the company. The address of the registered office is 1 Kennington Road, London, SE1 7QP. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company. Details of the principal activities of the company are given within the Directors’ Report. The accounts have been prepared in GBP and have been rounded to the nearest pound.

1.3 Going concern

The Directors have considered the risks to the Company, including the impact of Covid-19, and these include a reduction in business income and the ability for the Company to carry out its activities in an environment where social distancing rules are expected to be in force for some time. The Directors have confirmed that the major sources of grant funding are committed and the delivery of the activities can be adjusted to ensure that guidelines around social distancing can still be applied. Furthermore, the Directors are confident that costs will only be incurred to the extent that funding is secured. The Directors are confident that the Company has adequate resources to continue operating for the foreseeable future and, for this reason, the Directors continue to adopt the going concern basis in preparing the accounts.

1.4 Fund accounting

Designated funds are funds that have been set aside by the Trustees for a specific purpose. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the company for particular purposes. The cost of raising and administering such funds are charged against the specific fund.

1.5 Income

All income included in the Statement of Financial Activities when the company is legally entitled to the income and the amount can be quantified with reasonable accuracy and the likelihood of receipt of the income is probable. Income includes gifts and donations, grants, event and contract income as listed in note 2. Gifts and donations are recognised when receivable and grant income is recognised in the period applicable for the grant funding. Income received in advance for future periods is held as deferred income.

Page 17

STOP THE TRAFFIK

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

The company received a number of donated services during the year. The company is very grateful to the relevant providers of those services. No financial value has been attributed to these services in the financial statements as the related activities would not have been undertaken if this time had not been donated. In addition, STOP THE TRAFFIK relies on volunteer time in order to carry out its activities at a local level. In line with the Charities SORP, this time has not been valued and included in the financial statements but amounts to an estimated 5,200 hours. We thank all of the volunteers who have contributed to STOP THE TRAFFIK in this year.

1.6 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Expenditure on raising funds includes costs associated in raising individual giving income.

Expenditure on charitable activities includes the costs of educational activities undertaken to further the purposes of the charity and their associated support costs.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support STT’s operations and activities.

1.7 Pensions

The Company operates a defined contribution pension scheme. Contributions are charged to the income and expenditure account as they become payable in accordance with the rules of the scheme. Pension costs relating to staff working on restricted funded projects are recorded as part of the restricted expenditure.

1.8 Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.

1.10 Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

1.11 Financial instruments

The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Financial assets held at amortised cost comprise cash and bank and in hand, together with trade and other debtors. Financial liabilities held at amortised cost comprise bank loans and overdrafts, trade and other creditors.

Page 18

STOP THE TRAFFIK

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

1.12 Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates, assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects the current and future periods.

In the view of the directors, no assumptions concerning the future or estimation uncertainty affecting assets and liabilities at the balance sheet date are likely to result in a material adjustment to their carrying amounts in the next financial year.

2. DONATIONS AND LEGACIES

Donations
Grants		 Unrestricted
funds
Designated
funds
Restricted
funds
Total
funds
2021
£
2021
£
2021
£
2021
£
170,379
-
19,031
189,410
238,205
21,290
246,984
506,479

Total
funds


2020
£

160,412

581,518
408,584
21,290
266,015
695,889
741,930

3. OTHER TRADING INCOME

Unrestricted Restricted Total Total
funds funds funds funds
2021 2021 2021 2020
£ £ £ £
Merchandising **807 ** - **807 ** 218
807 - 807 218

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STOP THE TRAFFIK

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

4. INCOME FROM CHARITABLE ACTIVITIES

Consultancy income
Training income		 Unrestricted
funds
Designated
funds
Restricted
funds
Total
funds
Total
funds
2021
£
2021
£
2021
£
2021
£
2020
£
133,966
38,486
-
172,452
95,883
-
-
-
-
6,580
133,966
38,486
-
172,452
102,463

5. EXPENDITURE ON RAISING FUNDS

Unrestricted Designated Restricted Total Total
funds funds funds funds funds
2021 2021 2021 2021 2020
£ £ £ £ £
Publicity and networking 11,852 - - 11,852 2,538

6. EXPENDITURE ON CHARITABLE ACTIVTIES

Travel and subsistence
Communication costs
Bank charges
Office costs
Sundry expenses
Wages and salaries
National insurance
Pension cost
Consultancy
Equipment cost
Website
Advertising and publicity
Oasis Charges
Subscriptions
Merchandise costs
Training costs
Governance costs
Software charges		 Unrestricted
funds
2021
£
-
913
2,200
149
8,428
254,724
26,248
17,938
35,455
4,658
1,990
36,212
9,963
1,184
533
1,669
3,400
2,386		 Designated
funds
2021
£
-
240
-
-
-
79,437
8,327
5,561
325
898
-
-
6,038
13
-
-
-
112
Restricted
funds
2021
£
-
56
116
295
119
208,852
19,485
14,494
7,375
2,928
-
29,315
21,225
30
-
200
-
982		 Total
2021
£
-
1,209
2,316
444
8,547
543,013
54,060
37,993
43,155
8,484
1,990
65,527
37,226
1,227
533
1,869
3,400
3,480		 Total
2020
£
19,491
1,050
2,128
470
1,424
480,537
44,637
32,417
61,068
4,803
2,308
17,026
35,336
2,986
-
914
3,250
1,319
408,050 100,951 305,472 814,473 711,164

Page 20

STOP THE TRAFFIK

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

The costs above are classified as:
Total		 Direct
Costs
Support
Costs
Governance
costs
Total
costs
Total
costs
2021
£
2021
£
2021
£
2021
£
2020
£
729,626
81,447
3,400
814,473
711,164
7.
GOVERNANCE COSTS
Unrestricted
funds
Restricted
funds
Total
funds
2021
£
2021
£
2021
£
Auditors' remuneration
3,400
-
3,400
3,400
-
3,400
8.
NET INCOME
This is stated after charging:
2021
£
Auditor’s remuneration
3,400
Pension costs
37,993
During the year, no Trustees received any remuneration or any reimbursed expenses.
9.
STAFF COSTS
Staff costs were as follows:		 Total
funds
2020
£
3,250
3,250
2020
£
3,250
32,417
Wages and salaries
Social security costs
Other pension costs		 2021
£
554,865
54,060
37,993
646,918		 2020
£
480,537
44,637
32,417
557,591

Pension costs are split between unrestricted and restricted expenditure. Amounts are allocated to restricted expenditure based on the employees who have been working on restricted projects.

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STOP THE TRAFFIK

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

9. STAFF COSTS (continued)

The average monthly number of employees during the year was as follows:

Charitable activities
Support activities		 2021
18
2
20		 2020
14
2
16

One employee received remuneration amounting to more than £60,000 (2020: one employee). The CEO, senior management of the Oasis Group and Trustees form the key management personnel of the company. The salary and pension contribution for the CEO was £79,789, (2020: £79,042) and this is a cost borne by STT. Trustees did not receive any remuneration or expense reimbursement in either year.

10. DEBTORS

Trade debtors
Prepayments and accrued income
Other debtors
11.
CREDITORS:
Amounts falling due within one year
Trade creditors
Amounts owed to group undertakings
Taxes and social security costs
Accruals and deferred income
Deferred income included in the figures above:
Deferred income at beginning of the year
Resources deferred in the year
Amounts released from previous year
Deferred income at the end of the year		 2021
£
51,575
47,982
3,628
103,185
2021
£
2,901
548
23,444
69,944
96,837
2021
£
72,211
66,196
(72,211)		 2020
£
50,665
17,401
4,288
72,354
2020
£
4,961
3,418
21,107
76,517
106,003
2020
£
54,048
72,211
(54,048)
72,211
66,196

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STOP THE TRAFFIK

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

12. SUMMARY OF FUNDS 2021

SUMMARY OF FUNDS 2021
General funds
Designated funds
Restricted funds		 Brought
Forward
Incoming
resources
Resources
Expended
Carried
Forward
£
£
£
£
368,219
543,357
(419,902)
491,674
41,175
59,776
(100,951)
-
107,641
266,015
(305,472)
68,184
517,035
869,148
(826,325)
559,858

The designated funds are for the development of Traffik Analysis Hub, a global data hub to facilitate the sharing of information about human trafficking across all industries and sectors. These funds have been spent through the year, leaving a year-end balance of £Nil. Restricted funds above relate to restricted projects that are for a specific purpose, including; the development of a modern slavery network in Manchester, Hastings, Essex and London, with the support of the Greater Manchester Combined Authority, City Bridge Trust, Esmee Fairbairn Foundation, Swire Charitable Trust and Essex Community Foundation, run targeted initiatives to prevent the trafficking of people on the move, funded by Comic Relief, and deliver initiatives to prevent exploitation in light of the vulnerabilities due to the Covid-19 pandemic, funded by The National Lottery Community Fund.

SUMMARY OF FUNDS 2020

SUMMARY OF FUNDS 2020
General funds
Designated funds
Restricted funds		 Brought
Forward
Incoming
Resources
Resources
Expended
Carried
Forward
£
£
£
£
162,251
545,193
(339,225)
368,219
27,182
76,000
(62,007)
41,175
196,693
223,418
(312,470)
107,641
386,126
844,611
(713,702)
517,035

13. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2021

Current assets
Creditors due within one year		 Unrestricted
funds
2021
£
532,437
(40,763)
491,674		 Restricted
funds
2021
£
124,258
(56,074)
68,184		 Total
funds
2021
£
656,695
(96,837)
559,858

Page 23

(A company limited by guarantee)

STOP THE TRAFFIK

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

13. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2020 (continued)

Current assets
Creditors due within one year		 Unrestricted
funds
2020
£
443,186
(33,792)
409,394		 Restricted
funds
2020
£
179,852
(72,211)
107,641		 Total
funds
2020
£
623,038
(106,003)
517,035

14. ULTIMATE PARENT UNDERTAKING AND CONTROLLING PARTY

The company is a wholly owned subsidiary of Oasis International Association (OIA), a company incorporated in England (registered number 04255992) and a registered charity (1098100). OIA is the immediate parent company and has the power to appoint and remove trustees. Copies of the Oasis International Association financial statements are available from its registered office at 1 Kennington Road, London. SE1 7QP.

Oasis Charitable Trust (OCT) is the Ultimate Parent and is a company incorporated in England (registered number 02818823) and a registered charity (registered charity number 1026487). Oasis Charitable Trust prepares consolidated financial statements which include the results of STOP THE TRAFFIK. Copies of the Oasis Charitable Trust group financial statements are available from its registered office at 1 Kennington Road, London, SE1 7QP.

OCT’s principal objectives are to:

15. RELATED PARTY TRANSACTIONS

During the year the company made the following transactions with other group companies:

Page 24

STOP THE TRAFFIK

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

There were no other related party transactions.

16. SUBSIDARY UNDERTAKINGS

STOP THE TRAFFIK is the sole member of Traffik Analysis Hub (TA Hub), a company limited by guarantee. STT’s liability as member of TA Hub is limited to £10. The companies registered address is 1a Kennington Road, London. SE1 7QP.

17. STATEMENT OF FINANCIAL ACTIVITIES – COMPARATIVES

Note
INCOME FROM:
Donations and legacies
2
Other trading income
3
Charitable activities
4
TOTAL
EXPENDITURE ON:
Raising funds
5
Charitable activities
6
TOTAL
INCOME/(EXPENDITURE) FOR THE YEAR,
BEING NET MOVEMENT IN FUNDS
Total funds at 1 September 2019
TOTAL FUNDS AT 31 AUGUST 2020		 Unrestricted
funds
Designated
funds
Restricted
funds
Total
funds

2020
£
2020
£
2020
£
2020
£
442,512
76,000
223,418
741,930
218
-
-
218
102,463
-
-
102,463
545,193
76,000
223,418
844,611

2,538
-
-
2,538
336,687
62,007
312,470
711,164

339,225
62,007
312,470
713,702
205,968
13,993
(89,052)
130,909
162,251
27,182
196,693
386,126
368,219
41,175
107,641
517,035

Page 25