OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-08-31-accounts

STOP THE TRAFFIK

(A company limited by guarantee)

Registered number: 6657145 Charity number: 1127321

STOP THE TRAFFIK (A company limited by guarantee)

DIRECTORS' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 AUGUST 2022

STOP THE TRAFFIK

(A company limited by guarantee)

'

CONTENTS

Page

Reference and administrative details ofthecharity, its trustees, and advisers
Trustees’ report(incorporating a Directors’ report) 4-11
Independent auditor’s report 12-15
Statement offinancial activities 16
Balance sheet 17
Cash flow statement 18
Notestothefinancialstatements 19-28

STOP THE TRAFFIK

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDING 31 AUGUST 2022

Directors DWillson-Rymer
TPearce (resigned Jan 22)
G Lawlor
S Price
MJ Ryan
PLTalibart
SE Raine
E Roberts
J Patterson
J Connell-Waite (resigned Feb 22)
Company number 6657145
Charitynumber 1127321
Registered office 1A Kennington Road
London
SE1 70P
CompanySecretary V Davey
Chief Executive Officer Ruth Dearnley
IndependentAuditor Mercer& Hole LLP
21 Lombard Street
London
EC3V9AH

Page 3

STOP THE TRAFFIK

(A company limited by guarantee)

TRUSTEES’ REPORT (Incorporating Directors’ Report) FOR THE YEAR ENDED 31 AUGUST 2022

Introduction

The Directors (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 2022. 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 organisation whose purpose is to end the buying and selling of people. STOP THE TRAFFIK developed out of 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 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. The principal object of the company is to promote Human Rights (as set out in the Universal Declarationof 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 modern slavery and human trafficking across the world.

’

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

b. Method of Appointing Directors

The company’s management 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 Executive

Page 4

STOP THE TRAFFIK

(A company limited by guarantee)

Officer is benchmarked with charities of comparable scale and reach and approved by the Boards. ' STOP THE TRAFFIK has also set up a Nominations and Remunerations Committee, which effectively oversees pay reviews, senior appointments, and associated issues. The CEO of STOP THE TRAFFIK is also a trustee if TraffikAnalysis Hub, but does not receive any remuneration for this role.

In addition to the above, we have undergone a full organisational salary and pay review by an independent evaluator and implemented the recommendations.

e. Organisational Structure and Decision Making

The Board of Directors have delegated day-to-day management of the company to the CEO but retains responsibility for major strategic and governance decisions. For STOP THE TRAFFIK to operate efficiently, the structure has developed in the year 2021/22 as follows:

The Executive provide subject matter expertise in line with the charity's strategic objectives and continues development of our strategy. Due to organisational growth in the last year, we have established an additional team of head of roles across STOP THE TRAFFIK’s functionalities who drive the delivery of the strategy. The organisational team is arranged in a project management structure, driven by modern slavery and human trafficking intelligence to deliver products, projects, and services that seek to prevent exploitation in collaboration with our partners and clients.

Recognising the vast global data gap on MSHT, 2017 saw the development of the Traffik Analysis Hub (TA Hub) in partnership with IBM, translating the largest collection of survivor stories into the most comprehensive MSHT database in the world, able to identify hotspots and trends that turn data into real-time intelligence. STOP THE TRAFFIK actively shares intelligence with relevant stakeholders seeking to reduce harm and relies on the TA Hub to inform our programmes and products. Traffik Analysis Hub is a registered company (11451182) and a UK-registered charity (1192933).

STOP THE TRAFFIK and Traffik Analysis Hub work closely together strategically, culturally, and in our combined vision. The two organisations remain separate entities.

)

STOP THE TRAFFIK recognises that we will not stop human trafficking alone. Critical to our model are our networks around the world including corporations, financial institutions, NGOs, frontline organisations, and data and technology hubs. These relationships, including intelligence and data sharing, project and programme collaborations, and joint awareness raising, are fundamental to our operations.

STOP THE TRAFFIK has one affiliate. 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 ah 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 action groups consist of community-led 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.

f. Risk Management

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

The Director of Operations monitors a strategic risk register on an ongoing basis, regularly ensuring that risks are appropriately recorded and mitigating actions are taken swiftly.

Page 5

STOP THE TRAFFIK (A company limited by guarantee)

The Audit & Risk Committee meet quarterly with the Director of Operations to review all areas of risk, prioritising any moderate-high impact risk areas, ensuring they are satisfied with the mitigations underway and providing expertise where needed. The Committee also ensures that adequate financial resources continue to sustain delivery and are sustainably managing growth.

g.Financial Review

Total income for the year ended 31 August 2022 amounted to £1,387,554 (2021: £869,148). Costs of raising voluntary income increased to £20,006 (2021: £11,852), and charitable activity expenditure increased to £1,229,721 (2021: £814,473). Overall, a surplus of £157,833 (2021: £42,823) is reported for the year helping to build reserves to combat future fluctuations along with a very robust strategic plan.

STOP THE TRAFFIK’s income is generated through three distinct income streams:

All the income streams contribute towards the objectives of STOP THE TRAFFIK in preventing human trafficking globally, fuelled by intelligence. Donations contribute to the core running of our prevention operations, producing human trafficking intelligence, developing geo-targeted, digital prevention programmes, and collaborating with global and local partners to tackle human trafficking in their field of influence. Grant funding contributes to how our organisation measures the impact of our work (MEL), the scaling of our operations and intelligence-led capabilities, and the delivery of prevention projects targeted towards a particular demographic, location or exploitation type. Earned income stems from our consultancy work with organisations, businesses, and financial institutions through whom we provide products and services that work to identify human trafficking and modern slavery risk across supply chains and operations, helping clients to take appropriate steps to mitigate this risk, disrupting the systems on which traffickers depend. The earned income we receive goes back into our prevention programmes.

STOP THE TRAFFIK also receives several donated services during the year. The organisation 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 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 5,000 hours (2021: 5,200 hours). We thank all of the volunteers who have contributed to STOP THE TRAFFIK in this year.

h. 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 adopteda policy to set aside funds of approximately three months of running costs which is estimated to be £380k (2021: £206,580). The level of funds on 31 August is £717,691 of which £636,666 is unrestricted and £81,025 is restricted (2021: £559,858 of which £491,674 is unrestricted and £68,184 is restricted). We carry higher reserves than required as we plan to reinvest reserves this year to cover our new salary structure.

i. Going Concern

The Directors have reviewed all material risks which may impact the organisation’s ability to continue as a going concern, including the current crisis around the increased cost of living. The Directors believe that despite any active risks, the charity remains a going concern. The Directors believe that despite any active risks, the charity remains a going concern. The Directors formed this conclusion by reviewing the financial performance of the organisation with reference to forecast levels of free reserves and cash flow projections.

Page 6

STOP THE TRAFFIK

(A company limited by guarantee) -

We continue to strengthen our financial processes and systems so we can monitor financial risk, and where required, take appropriate management action. Trustees will continue to monitor the financial risk on a regular basis.

The level of total reserves as 31 August 2022 is £717,691 (2021: £559,858).

Vision

To create a world where people are not bought or sold.

Mission

Leveraging the power of digital disruption to undermine the business of trafficking and improve the safety and choice of those targeted.

Strategic Objectives

The high-level objectives of STOP THE TRAFFIK remain 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. The above lines of work are fuelled by data and intelligence. We are working to maintain and grow the richest global intelligence picture of trafficking, made up of survivor stories, that continues to inform the core activity of STOP THE TRAFFIK including sharing our insights with all actors seeking to provide safety and prevent harm.

Values

Review of Performance & Impact

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

We have delivered 6 geo-targeted, digital prevention programmes and 1 on the ground campaign across 19 languages in 21 countries.

Across these campaigns we have reached 5,534,358 unique individuals this year across Facebook and Instagram with our targeted safety information.

Programmes included:

STOP THE TRAFFIK

.

(A company limited by guarantee)

Ukraine and is a programme to gather live intelligence to monitor trafficking amidst the crisis of mass displacement, and geotargeted digital campaigns to reach displaced people with safety information and prevent harm.

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

Over the year, we have trained 450 members across the financial sector from customer-facing roles to senior leadership teams helping to raise awareness of MSHT, spot the signs of exploitation, and report suspicions.

We have conducted inherent and actual risk mappings for banks and financial institutions helping to identify and mitigate risk across operations and supply chains.

We shared bespoke briefings and key judgments based on the TA Hub and additional in-house research to our clients helping them adapt their ESG programmes to align with the most current intelligence.

.

Finally, we have partnered with financial institutions to prevent harm within their communities, including as part of our response to prevent trafficking amidst the mass displacement out of Ukraine.

“Building awareness across the public and private sectors of those engaged in fighting financial crime, whether in Banks, fintech companies, law enforcement agencies, or the gaming industry is making a real difference. We know our members and partners around the world value the resources and support provided by STOP THE TRAFFIK.”

Pekka Dare, Vice President, ICA

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

STOP THE TRAFFIK has continued to engage businesses to mitigate MSHT in their supply chains and operations and go beyond that to prevent harm in the communities they operate within.

,

We launched our first business-led community safety campaign with Costa Coffee targeted to raise awareness and empower communities to spot exploitation. For community boards in the 2,700 Costa Coffee stores nationwide, we provided posters with essential safety tips, and a QR code to learn more about MSHT or report concerns.

We delivered typologies on seven high-risk ingredients including bananas, cashews, Brazil nuts, salt, soya, tomatoes, and peanuts as part of a wider research project to create a toolkit for the food and beverage industry.

We have completed 5 actual and inherent risk mappings, mapping 1804 suppliers (1321 above

Page 8

STOP THE TRAFFIK

(A company limited by guarantee)

threshold), and mapping 9.4 billion in procurement spend (8.3 billion above threshold).

We delivered a training bespoke to adult sex work websites seeking to prevent all forms of exploitation on their platforms with 80% of trainees stating they felt more comfortable spotting the red flags of exploitation in their roles.

“We're delighted to be working with STOP THE TRAFFIK on the Foodies Fighting Slavery Project. They have been an invaluable addition to the research team and offered fantastic insight and expertise regarding high-risk commodities across the food industry, drawing on the intelligence produced by STOP THE TRAFFIK’s Centre for Intelligence-Led Prevention and data gathered from the Traffik Analysis Hub. We're excited to see the project's final outcomes and work together on our new toolkit, tailored for Food & Drink SMEs.” Laragh O'Malley, Head Of Impact & Partnerships, Tribe Freedom Foundation

Developing and maintaining the richest global intelligence picture of trafficking, in order to provide the core delivery of STOP THE TRAFFIK and to share our intelligence with all actors wishing to provide safety and prevent harm.

We have established a credible intelligence practice and the year ahead is expected to see a significant increase in our influence at both strategic and tactical levels.

“Thank you to your team for continuously sharing updated reports with us, we have shared them with our colleagues serving in the response areas Salvation Army is in for the Ukraine crisis and they have reported them as helpful in thinking ahead with their response plans” Anne Makumi, MSHTR Coordinator and CoP Project Manager, Africa Zone, Salvation Army

Looking Ahead

Key activities for 22-23:

Our core mission remains 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.

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

  4. The above lines of work are fuelled by data and intelligence, including the Traffik Analysis Hub. We are working to maintain and grow the richest global intelligence picture of trafficking, made up of survivor stories, that continues to inform the core activity of STOP THE TRAFFIK including sharing our insights with all actors seeking to provide safety and prevent harm.

We have developed strategic priorities for 2022-2023 to continue our efforts towards these core

Page 9

STOP THE TRAFFIK

(A company limited by guarantee)

objectives including:

  1. Working to degrade trafficking systems across hotspots and along routes. a. Prioritising key routes to focus our resource

  2. b. Maturing our way of evidencing degradation of a route c. Strengthening our networks of collaboration across multiple vulnerabilities

    1. Scaling our unique data, intelligence, and insights by investing in our technological capabilities, and sharing across our extended networks with greater reach.

  4. a. Building a technology roadmap to extend our capability

  5. b. Sharing our intelligence, in the form of strategic assessments, with targeted audiences in real time

To support our activity, our internal objectives include:

  1. Improving the way we measure, and evidence impact and communicate our story. a. Improving our ability to not only measure what has happened because of[our][work,] but also to mature our language and analytics to show what didn’t happen, prevention, with rigour and accuracy.

  2. b. To extend our reach and build trust across our communication channels that deliver key insights for all those seeking to provide safety and prevent harm.

  3. Growing and diversifying funding streams and group revenue. a. Tomature our funding model to ensure long-term sustainability with diverse funding streams and a focus on large scale, multi-year support.

  4. Working to attract a competitive, diverse team and ensuring our internal processes and protocols are as effective as possible.

  5. a. Building on extensive progress in the last year, we want to continue prioritising our team’s wellbeing, satisfaction, recruitment processes, and individual and organisational learning.

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).

~ accordanceCompany lawwithrequiresUnitedtheKingdomDirectorsGenerallyto prepareAcceptedfinancial Accountingstatements Practicefor each (UnitedfinancialKingdomyear in 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

Page 10

STOP THE TRAFFIK

(A company limited by guarantee)

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

The company’s auditor, Mercer & Hole, incorporated on 1 October 2022 to become Mercer & Hole LLP. The directors have consented to treating the incorporation of Mercer & Hole LLP as a continuation of the existing audit arrangement and in accordance with the company's articles, a resolution proposing that Mercer & Hole LLP be reappointed as auditor of the company 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 13 December 2022 and signed on their behalf by:

Geraldine Lawlor Trustee

Page 11

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 2022 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).

----- Start of picture text -----
.
----- End of picture text -----

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 ofthe[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.

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.

Page 12

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

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 13

STOP THE TRAFFIK

‘

Auditor's responsibilities for the audit of the financial statements ‘

(A company limited by guarantee)

Independent Auditor’s Report to the Members of STOP THE TRAFFIK

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 noncompliance 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 noncompliance 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 noncompliance 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 14

STOP THE TRAFFIK

(Acompany limited by guarantee)

Helen Cain, Senior Statutory Auditor

For and on behalf of Mercer & Hole LLP, Statutory Auditor

;

Mercer & Hole LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006 21 Lombard Street

London EC3V 9AH

Date: 25 January 2023

Page 15

STOP THE TRAFFIK

(Acompany limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) FOR THE YEAR ENDED 31 AUGUST 2022

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |Unrestricted|Designated|Restricted|Total|Total| |Funds|Funds|Funds 2022|Funds|Funds| |2022|2022|£|2022|2021| |Note|£|£|£|£| |INCOME|FROM:|:| |Donations &|Legacies|2|658,387|-|290,844|949,231|695,889| |Other Trading|Income|3|-|-|-|-|807| |Charitable|Activities|4|260,343|177,984|-|438,327|172,452| |TOTAL|918,730|177,984|290,844|1,387,558|869,148| |EXPENDITURE|ON:|:| |Raising|Funds|5|20,006|-|-|20,006|11,852| |Charitable|Activities|6|753,729|177,984|278,004|1,209,717|814,473| |_|TOTAL|773,735|177,984|278,004|1,229,723|826,325| |INCOME/EXPENDITURE|FOR THE|144,995|-|12,840|157,835|42,823| |YEAR,|BEING|NET|MOVEMENT|IN| |FUNDS| |Total|funds|on|1|September 2021|491,674|-|68,184|559,858|517,035| |TOTAL FUNDS AN|31 AUGUST|2022|636,669|-|81,024|717,693|559,858|

----- End of picture text -----

The notes on pages 19 to 28 form part of these financial statements.

_

Page 16

STOP THE TRAFFIK

(A company limited by guarantee)

BALANCE SHEET AS AT 31 AUGUST 2022

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |j|Note|2022|2021| |CURRENT ASSETS|£|£|£|a| |Debtors|10|349,692|103,185| |Cash|at|bank|and|in|hand|448,648|553,510| |798,340|656,695| |CREDITORS:|amounts|falling|due|within| |one year|11|(80,647)|(96,837)| |NET CURRENT|ASSETS|717,693|559,858| |NET ASSETS|717,693|559,858| |CHARITY|FUNDS| |Unrestricted|funds|12|636,669|491,674| |Designated|funds|12|-|-| |Restricted|funds|12|81,024|68,184| |TOTAL FUNDS|12|717,693|559,858|

----- End of picture text -----

The notes on pages 19 to 28 form part of these financial statements.

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 13 December 2022 and were signed on its behalf by:

----- Start of picture text -----
Pea Lawlor
----- End of picture text -----

Trustee

Page 17

STOP THE TRAFFIK

;

(A company limited by guarantee)

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2022

2022 2021
£ £
Cash flows from operating activities
Net income 157,835 42,823
Adjustments for:
(Increase) in debtors (246,507) (30,831)
(Decrease) in creditors (16,190) (9,166)
Netcash generated from operating activities 104,862 2,826
Net (decrease)/increase in cash intheyear 104,862 2,826:
Reconciliation of net cash flow movements to net funds
Net (decrease)/increase in cash in theyear (104,862) 2,826
At 1 September 553,510 550,684
At31August 448,648 553,510
Consisting of:
Barclays CurrentAccount 448,648 553,510
~~448,648 553,510

The notes on pages 19 to 28 form part of these financial statements.

Page 18

STOP THE TRAFFIK

‘

(A company limited by guarantee)

,

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.

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 reviewedall material risks which may impact the organisation’s ability to continue as a going concern, including the current crisis around the increased cost of living. The Directors believe that despite any active risks, the charity remains a going concern. The Directors believe that despite any active risks, the charity remains a going concern. The Directors formed this conclusion by reviewing the financial performance of the organisation with reference to forecast levels of free reserves and cash flow projections.

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

General funds are unrestricted funds which are available for use at the discretion of the Directors in furtherance of the general objectives of the company and which have not been designated for other purposes.

Page 19

STOP THE TRAFFIK

(Acompany limited by guarantee)

,

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.

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.

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Page 20

STOP THE TRAFFIK

(A company limited by guarantee)

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.

1.12 Critical Accounting Judgments 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.

Page 21

STOP THE TRAFFIK

(A company limited by guarantee)

2. DONATIONS AND LEGACIES

Unrestricted Designated Restricted Total Total
funds funds funds funds funds
2022 2022 2022 2022 2020
£ £ £ £ f
Donations
Grants		 210,385
448,002		 -
-		 - -
290,844		 210,385
738,846		 189,410
506,479
658,387 - 290,844 949,231 695,889
3. OTHERTRADING INCOME
, Unrestricted Designated Restricted Total Total
funds funds funds funds funds
2022 2022 2022 2022 2021
£ £ £ £ 53
Merchandising : a : 2 807
4. INCOME FROM CHARITABLE ACTIVITIES
Unrestricted Designated Restricted Total Total
funds funds funds funds funds
2022 2022 2022 2022 2021
'
£		 ce £ £ ba
Consultancy income 260,343 177,984 - 438,327 172,452
260,343 177,984 - 438,327 172,452
5. EXPENDITURE ON RAISING FUNDS
Unrestricted Designated Restricted Total Total
funds funds funds funds funds
2022 2022 2022 2022 2021
£ £ £ £ £
Publicityandnetworking 20,006 - - 20,006 11,852

Page 22

STOP THE TRAFFIK

(Acompany limited by guarantee)

6. EXPENDITURE ON CHARITABLE ACTIVTIES

Unrestricted Designated _Restricted _ Total Total
funds funds funds funds funds
2022 2022 2022 2022 2021
£ £ £ £ £
Travel and subsistence 3,541 725 4,105 8,371 -
Communication costs 641 ;
;		 - 641 1,209
Bank charges 1,616 : 140 1,756 2,316
Office costs 6,575 - 89 6,664 444
Sundry expenses 13,993 - 49 14,042 8,547
Wages and salaries 473,058 139,357 189,573 801,988 543,013
National insurance 57,388 14,548 8,409 80,345 54,060
Pension cost 39,401 9,696 6,264 55,361 37,993
Consultancy 11,890 10,834 49,758 72,482 43,155
Equipment cost 17,930 - 679 18,609 8,484
Website 2,929 = - 2,929 1,990
Grants payable 50 1,800 3,245 5,095 -
Advertising and publicity 67,191 - 198 67,389 65,527
Oasis Charges 36,468 = - 36,468 37,226
Subscriptions 2,362 - - 2,362 1,227
Merchandise costs - . - - 533
Training costs 1,335 - - 1,335 1,869
Governance costs 7,826 7 - 7,826 3,400
Software charges 9,535 1,024 15,495 26,052 3,480
753,729 177,984 278,004 1,209,717 814,473
The costs above are classified as:
Direct Support Governance Total Total
Costs Costs Costs Costs Costs
2022 2022 2022 2022 2021
£ £ £ fe £
Total 1,095,610 106,281 7,826 1,209,717 814,473
7. GOVERNANCE COSTS
Direct Support Governance Total Total
Costs Costs Costs Costs Costs
2022 2022 2022 2022 2021
£ £ £ fs £
Audit fees - - 4,100 4,100 3,400
Accountancy fees - - 3,726 . 3,726 -
Total - - 7,826 7,826 3,400

7. GOVERNANCE COSTS

Page 23

STOP THE TRAFFIK

(A company limited by guarantee)

,

8. NET INCOME

This is stated after charging:

2022 2021
£ £
Audit remuneration 4,100 3,400
Pension costs 55,361 39,993
9. STAFFCOSTS
Staff costswere as follows:
: 2022 2021
£ £
,
Wages and salaries 801,988 554,865
Social security costs 80,345 54,060
Pension costs 55,361 37,993
937,694 646,918

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.

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

2022 2021
No No
Charitable activities 23 18
Support activities 4 2
27 20

,

One employee received remuneration amounting to more than £60,000 (2021: 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 £80,613, including pension contribution and national insurance (2021: £79,789) and this is a cost borne by STT. Trustees did not receive any remuneration or expense reimbursement in either year. The CEO of STOP THE TRAFFIK is also a trustee if TraffikAnalysis Hub, but does not receive any remuneration for this role.

Page 24

STOP THE TRAFFIK

(A company limited by guarantee)

|

10. DEBTORS

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| ||| |2022|2021| |£|£| |Trade|debtors|112,015|51,575| |Amounts|owed|from|group|undertakings|112,000|-| |Other|debtors|-|3,628| |_|Prepayments|and|accrued|income|125,677|47,982| |349,692|103,185| |11.|CREDITORS:| |Amounts|falling|due within|one year|

----- End of picture text -----

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |2022|2021| |£|£| |Trade|creditors|506|2,901| |Amounts|owed|to|group|undertakings|1,065|548| |Taxes|and|social|security|costs|44,463|23,444| |Accruals|and|deferred|income|34,613|69,944| |80,647|96,837| |Deferred|income|included|in|the|figures|above:| |2022|2021| |£|£| |Deferred|income|at|beginning|of the|year|66,196|72,211| |Resources|deferred|in|the|year|26,447|66,196| |Amounts|released|from|previous|year|(66,196)|(72,211)| |Deferred|income|at the|end|of the year|26,447|||66,196|

----- End of picture text -----

12. SUMMARY OF FUNDS 2022

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Brought|Incoming|Resources|Carried| |Forward|Resources|Expended|Forward| |£|£|£|£| |General funds|491,674|918,370|=|(773,735)|636,669| |Designated|funds|-|177,984|(177,984)|-| |Restricted|funds|68,184|290,844|(278,004)|81,024| |559,858|1,387,558|(1,229,723)|717,693|

----- End of picture text -----

Page 25

STOP THE TRAFFIK

:

;

(A company limited by guarantee)

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 Comic Relief which funds our AMAN Safety Project which seeks to equip vulnerable young people with anti-trafficking programmes, City Bridge Trust which seeks to take our successful data to disrupt model from three London Boroughs to all London Boroughs, and lastly Project Fairlife which was a systemic project to disrupt the traffickers business model in the food and agriculture sector in the UK.

SUMMARY OF FUNDS 2021

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

13. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted Restricted Total
funds funds funds
2022 2022 2022
£ £ £
Current assets 711,783 86,777 798,560
Creditorsduewithinoneyear (75,114) (5,753) (80,867)
636,669 81,024 717,693

ANALYSIS OF NETASSETS BETWEEN FUNDS 2021

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

Page 26

STOP THE TRAFFIK

(Acompany limited by guarantee)

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:

.

16. SUBSIDARY UNDERTAKINGS

STOP THE TRAFFIK is the sole member ofTraffikAnalysis Hub Limited (company number 11451182), 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. For the year ended 31 August 2022, TraffikAnalysis Hub Limited generated income of £518,805 (2021: £250,971), resulting in a surplus of £89,646 (2021: £75,871). As at 31 August 2022, TA Hub held gross assets of £349,426 (2021: 151,965) and total funds of £165,517 (2021: 75,871).

Page 27

STOP THE TRAFFIK

(A company limited by guarantee)

17. STATEMENT OF FINANCIAL ACTIVITIES — COMPARATIVES

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| ||| |Unrestricted| |funds|Designatedfunds|_ Restrictedfunds|fundsTotal| |2021|2021|2021|2021| |INCOME|FROM:| |Donations|and|legacies|2|408,584|21,290|266,015|695,889| |Other trading|income|3|807|-|-|807| |Charitable|activities|4|133,966|38,486|-|172,452| |TOTAL|543,357|59,776|266,015|869,148| |EXPENDITURE|ON:| |Raising funds|5|11,852|-|-|11,852| |Charitable|activities|6|408,050|100,951|305,472|814,473| |TOTAL|419,902|100,951|305,472|826,325| |INCOME/(EXPENDITURE)|FOR THE YEAR,| |BEING|NET MOVEMENT|IN|FUNDS|123,455|41,175|39,457|42,823| |Total|funds|at1|September 2020|368,219|41,175|107,641|517,035| |TOTAL FUNDS AT 31 AUGUST 2021|491,674|3|68,184|559,858|

----- End of picture text -----

Page 28