Charlty Reglstratlon No. 1127577 Company Reglstration No. 06527979 IEngland and Walesl SAFER ROADS FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 RickardLuckin
SAFER ROADS FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees Michael Woodford MBE Anunciacion Somavilla Stuart Greengrass Mlchael Thwailes Charlty number 1127577 Company numbgr 06527979 Reglstsr8d offlce Office 605 Albert House 25e-260 Old Street London EC1V 9DD Indepèndent examlngr Rickard Luckin Llmlled 1 sl Floor County House 100 New London Road Chelmsford Essex CM2 ORG Bankers Barclays Bank PIC 1 Churchill Place London E14 5HP Sollcltors Bales Wèlls 10 Queen Street PlaG¢ London EC4R 18E Webslte htlp'.IIw.ssferroadsfOundallon.0rgl
SAFER ROADS FOUNDATION CONTENTS Page Trustees, Report Independent examiner's roport Slalem&nl of Flnancl81 Acllvi118S Balance Sheet Notes to the Flnin¢ial Slolemenls 9.16
SAFER ROADS FOUNDATION TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORTI FOR THE YEAR ENDED 31 MARCH 2025 The trustees present Ihelr annual report and financial Statements for the year ended 31 March 2025. The financial slalemenls have been prepared in accordan¢e with the accounting policios s61 out in note 1 to the financial slalemenls and Comply with the Charity's Memorandum and Articles of Association, the Companles Act 2006 and Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordan¢e with the Financial Reporting Standard applicable in the UK and R8publlc of Ireland IFRS 1021 (effective 1 January 20191 Objectlves and actlvltles The Charity's objectives 8re'. To work with supranational, nauonal, reglonal 8ulhorlli&s and NGOS In th8 development of design standards affecting safely ol road users. Thg implementallon of engineering and other measures to remedy accldenl black spots and Improve safely on the world's roads. To Incrèase publlc 8waren&ss of Ihè188ue8 affecllng Safely on the roads wllh the aim of changlng alliludes through aducallon, promollon 8nd campalgnlng wllh other Indlvlduals and organlsallons with $Smilar oble¢live$. The Irusle8s have pald due regard lo guldancè Issuèd by Char41y Commls51on In decldlng what aclivilles the Charity should undertake for publlc benefit. Achl&vom&nts and performancg agalnst oblectlvos The Charity has continued ils focus on major campaigns lo introduce improved vehicle-lype leglslallon and nallonal slandords around the world wherg, if $u¢¢essful, Ihg reduction Sn falalilies would be in the lens of Ihou88nds. To revise existing legislation in India lo incorporate in manufacture 'Anli-lo¢k Braklng System IABSI on all powered D-wheelers IPTVVS) of 1 OOc¢ or more, In this COLJnlry, because of the dominance ol the 100CC & 125CC models, they constitute 80% of the PTW market, By revising existing legislation 1126CC and above) lo Incorporate the feature on all bikes of 100CC and above, together with the oven higher powered machlnes, India would achleve 90Vkn ABS ¢overagg. The Igalure reduces PTVV accidents by a staggering third and 18 a deliverable whlch 18 not dependent upon human behaviours or enforcement. ABS would make a dramatic Impact in reducing PTW deaths in India. and wllh almost 75.000 people losing Ihelr Ilves In PTW 8ccldenls every year, 25,000 Ilves would be sav&d annually once the entire fleet is protected by the feature, bul even In the first few years. the number of lives saved would be in the many thousands. In relation lo preventing serious inlurles. based on the 10..1 rule, the number of accldenls which would no longer occur would be In the hundr&ds of thousands each year. Visits lo Indla by SRF were made in October 2024 and March 2025 10 meet with government offici818 and Indlan road safely NGOS lo campalgn for the required revision lo legislation. SRF Is partnerlng th the European Transport Safety Council IETSCI. the Indian road safely NGO, SaveLIFE Foundallon, and jointly maklng representslions lo senior government officials. SRF prepared a detailed ABS evidential dossler for submission and consideration by th8 country's Minister of Transport, Mr Gehlol. In Thailand, because of the domSnan¢e ol the 51-125CC models, whlch conslllule 850A of the PTW rnarkel. the objective is lo revise existing legislation 1126CC and above) lo incorporate ABS on all blkes of 50CC and above. With almost 15,000 people losing their lives in PTW ac¢id&nls every year in the country. 5,000 Ilve5 would be saved annually once the entire fleet is prole¢l6d by the feature, bul even in the first few years, the number of lives saved would be in th6 many thousands. There has been ongoing communication between SRF and Dr Wiwal Seelamanol¢h. Program Manager of Thailand-WHO Country Cooperation Strategy on Road Safely and former Exe¢ulive Advisor lo Thailand's Board of National Inslilule for Emerg6n¢y Medicine.
SAFER ROADS FOUNDATION TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 HWEC To promola in Thailand the use of 'Helmel Wearing Enforcement Cameras, IHWECI for motorcycle and moped riders. These ¢ameras ulilise artificial intelligence lo capture the number plate of off6nding ridets and if they were inlroduc6d across the country. would save an estlmated 3,000 Ilv&s a y&ar. This initiative follows on from the Charity's grants lo Chlangmai and Khon Kaen road safely ¢ommille&s for th6 inaugural HWEC piojecis. which providtrd the evidence on the cameras, efficacy. Note.. A forum Is 8ch&duled for April 2025 in the Thai Parliament for SRF lo present and meet with Mr Pichel Chuamuangphan. Deputy Speaker of the Thai House of Represenlalives and Chairman of the Road Safely Comrnillee in th8 Thai Parliament, and committee members. lo progress both ABS and the national roll-out ol HWEC for motorcyc18 and moped riders. SRF prepared a detailed ABS evldenllal dossier lor consideration by the Parliamentary Road Safely Cornmillee. To continue the dialogue In Spain al 8 senior level with the Dlrector8t&General for Traffic IDGTI, an agency ol the Spanish Ministry DI the Interior responsible for traffic regulallon and enlorcemenl in the country, together with regional transport aulhDrilies, and leading road safely NGOS. The objective is lo elirninale the confusing IlashSng amber lillering sequence, unrelated lo turning movements, 81 slgnal.Gonlrolled pedestrian crossings slled on mulll- lane approaches, throughout the country, SRF is partnering with the European Transport Safely Council IETSCI, the Indian road safely NGO, SaveLIFE Foundation, and jointly making represenlallons to $8nior government officials and police, lo eliminate the dangerous and unnecessary practice of swil¢hing the slgnalling al junctions lo 'llashing amber, al night. There Is no loglc lo 8wllchlng lo 'llashlng amber, belw8en the hours of 00.'00- 05.'00. which only increases the Ilk&llhood of high-speed headlslde-on collislons. Currently. rnany drivers in bDlh directions do not approach such compromised junctions with caulitsn, bul drive through al speed with a reckless delerminalion that they have prlorlly. Uslng the 'flashlng amber, al night has hislorlcally been a random decision, y81 il is slraighlfotward lo revert lo the conventional signalling sequence ol redlamberlgre8n operating on a 2417 basls by simply reprogramming the luncllon's Signal Controller. To Illuslrale thè lifesaving pol8nlial of this action, evidence is provided from the USA where returning lo the convenllonal s8quencing in New England resulted in 8 dramatic reduction of 890A in righl.angle crashes. SRF and ETSC mèl with Justice Mr Abhay Manohar Sapre, Chairman, Supreme Court Commlllee on Road Safely In March 2025 to progress this Initiative across the Country and SRF prepared a delalled evidential dossier for Submission lo the Supreme Court. am zeb To promtsle In both Greece and Thailand the high-prolile 'Pedeslrian Crossing, blue and while Icon signage, Incorporating a fluorescent yellowlgreen border. These low-cosl plaques signilicanlly Increase visibility of the crosslng ahead lo approaching drivers. This campaign follows on from SRF-funded Irlal projects in Athens and Evia, Greece and Khon Kaen and Phukel, Thailand. cide In addition lo the campaigns, during the year, the Charity supported ils partners lo promote safely and implement various accident black spot prevention s¢hemes covering several countries around the world, includiry the UK. Europe and Asia. Overseas visits ID the projects funded by the Charity have taken place lo allow the trustees to effectively manage and monitor the schemes implemented, together with an ongoing scrutiny of the results achieved. Following the Charity ComrnissiDn's guidance and lo achieve the highest levels of good govemance, the Iruslees continue to sliiclly adhere lo their Grant Making, Expenses and Conflicts ol Inl6resl policies, and where appropriate a comprehensive Memorandum of Understanding IMOUI is ulilised for grants awarded by the Safer Roads Foundation.
SAFER ROADS FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Flnanclal revlew During the year, overall Income was £135,814 12024 £120.2761, of this £60,78912024 £20,219) was from interest generated from the bank, donations of £55,00012024 - £80,000) from M C Woodford. £5,000 from A Somavilla, Ihg remainder was gift aid on donations. The Charity incurrtsd expenditure of £88,00312024 - £157,871) on charitable aclivilies. Overall, the reserves ol the Charity increased by £47,808 and al the year-end amounted lo £902,030 12024 - £854.2221. Res8wgs policy 11 Is the policy of the Iru51ees lo mainlaln reserves In the Charity al a level lo enable il lo be administered efficlenlly, to tneel Ils short-lerm expenditure requirements and lo have adequate resources lo fund Ils charitable objectives. In establishing this policy, the Irusle8s have consldered th8 disposition of ils in¢tsmlng resources which are malnly derived from donations. The level of res8rves is subject lo periodic revlew when considering changes lo the harily's a¢livilies and requiremènts. 11 is the policy of the Charity that unrgslricled funds whlch have not been designated for a specllic use should bo mainlalned al a level equivalent lo a minimum of three months, expendiluro. The Iruslees consider that reserves al this level will ensure that, in Ihg event of a significant drop in funding, they wlll be able to continue the Charity's current activities while consideration Is given lo ways which additional funds may be raised. Al the year end, the reserves ol the Charity were £902,030. Ihls Is in excess of our policy as money Is belng maintained on an nv&8lmenl deposit account lo gen8rale Income. Rlsk Factors Due lo the nature of th8 Charlly's expenditure and management of rèseNès, the Iru51ees do not con81d&r rlsk lo be an elgmenl in the presentation ol this report. Reserves are held In accounts with Barclays Bank and wllh current high interest rates, the majority of funds have been invested through the Flagstone platform In a range of interest bearing accounts, where the deposits are guaranteed by the Bank of England Financlal Servlces Compensation Scheme IFSCSI, The Iruslees have assessed the mglor risks lo whlch the Charlly is expgsed, and are sallsfled th81 systems are In place lo mlllgale exp08ura lo the. Plan5 for future porlods The Charlly's plans for future periods are that of conllnuing with the current objecllves and activities as described above. structurg. governance and management The Charity is a company limited by guarantee incorporated on 7 March 2008 and Is governecl by ils Memorandum and Articles of Association. The Memorandum and Articles of Association were amended by special resolution on 19 December 2008 and subsequently on 19 September 2012 and 11 February 2019. The Charity was registered with the Charities Commission on 19 January 2009 with registration number 1127577. The Iruslees, who are also the directors for the purpose ol company law, and who served during Iheyear and up to the dale of signature of the financial slalemenls were.. Michael Woodford MBE Anunciacion Somavilla Stuart Greengrass Michael Thwailes
SAFER ROADS FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Recru5tment and appolntment of trii8tee8 N8w Irusteg5 are appointed by th9 B98rd ol Tru51ao8. All new trustees will be provided with an inducllon p8¢k which include5 th8 conslilution ol the Charity and guidelines on how to perform their dulles as trustee. Further Iraining will be given as and when ne58ry. The Tru81995' Repgrt W85 gpproved by Ihtr Board olTrusteo Mlehael Woodford MBE Trustè8 Dale..
SAFER ROADS FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SAFER ROADS FOUNDATION I report lo the Iruslees on my examination of the financial slalemenls of Safer Roads Foundation Ilhe Charllyl for the year ended 31 hllarch 2025. This report is mado solely lo the charity's Irusle8s, as a body, in a¢cordan¢e with sectlon 145 of the Charities Act 2011. My work has been undertaken so that I might slate lo the charity's Irusltres those mallers l am required lo slate lo them in this report and lor no other purpose. To the fullest exlenl permilled by law, I do not accept or assume responsibility lo anyone other than the ¢harily and the charity's Iruslees as a body, for my work, for this report, or for the oplnlons I have formed. Responslbllltles and basls of report As the Iruslees of the Ch8rlly land also ils directors for the purpose8 of company lawl you are responsible for the preparallon of the financial slalemenls in accordance wllh the requlremenls ol the Companies Act 2006 Ilhe 2006 Acll. Having satisfied mysolf that the linanclal Slalemenls of the Charity are not required lo be audited under Part le of the 2006 Act and are eligible for Independent examination, I report In respect ol my examlnallon of the Charity's financial slal&menls carrled out under section 145 01 the Charities Act 2011 Ilhe 2011 Acll. In carrying out my examination I have followed all the applicable Dlreclions glven by the Charity Commlsslon under section 14515llbl of the 2011 Act. An Independent examlnalion does not Involve galherlng all the evldence that would be required In an audit and consequently does not cover all the mallers that an auditor considers In giving their opinion on the financial 8lalem&nls. The plannlng and conduct ol an audit goes beyond the Ilmlled assurance Ihal an Independent examination can provlde. Consequently l express no oplnion as lo whether the financial slalemenls prgsenl a 'Irue and falr, vlew and my report is Ilmiled lo those speclllc mall8r8 sel out In the Independent examiner's Slalemenl. Independgnt examlngr's Stat&ment I h8vè completed my examlnalion. I confirm that no m811er8 have come lo my allenlion in conneclSon wllh the èxamlnallon giving me Cause lo believe that In any malerlal respect.. accounllng records were not kept In respect of the Charlly a8 r&qulred by sedion 388 of the 2006 Act., or the flnanclal 8lalemen18 do not accord with those records., or the financial slalemenls do not Comply with the accounting requlremenls of section 398 of the 2008 Act other than any requirement that the accDunls give a true and fair vlew whlch18 not a maller considered as part of an independent examinatlon., or the financial slalemenls have not been prepared in accordance with the methods and prlnclples of the Slalemenl of Recommended Practice for accounting and reporting by charities applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
SAFER ROADS FOUNDATION INDEPENDENT EXAMINER'S REPORT {CONTINUEDI TO THE TRUSTEES OF SAFER ROADS FOUNDATION I have no concerns and have come across no other mall8r8 In connection with the examination lo which allenlion should be drawn in this report in order to enable a proper understanding of the financial statements lo b$ reached. Janine Mansfield Rickard Luckin Llmlled 1 $1 Floor County House 100 New London Road Chelmsford Essex CM2 ORG
SAFER ROADS FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Unrestrlcled funds funds 202S 2024 Notes Income from: Donation5 and legacie5 Investments 75,025 60.789 100,057 20,219 Total Income 135,814 120,278 Expendlture on: Charitable aclivlll&8 88,003 157,871 Total èxpendlture 88,003 157.871 Not Incomellexp&ndltur81 47,811 137,5951 Other recognSs8d galns and 103395., Other Ioss88 10 131 1791 Net movgment In lund$ 47,808 137,8741 Reconclllatlon of funds: Fund b818nce8 al 1 Aprll 2024 854.222 891,896 Fund balanc98 at 31 March 2026 902,030 854.222 The slalemenl of fln8nclal actlvllies includes all g8in8 and losse5 recognlsed In the year. All Income and exp&ndilure derive from conllnulng acllvilie8.
SAFER ROADS FOUNDATION BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notes Current a¥Fgts Debtors Investrngnts Cash al bank and in hand 11 12 5,191 850,000 55,503 5,107 863.706 010,894 868,813 CdItor¥.. amounts falllng dua wlthln ong yoar 13 18,664) (14,5911 Not ¢urrenl assets 902.030 854,222 InGOrnb funds Unmstrlcted funds 902,030 854,222 902,030 854,222 Tho company is enlltled to the exemption from the audit requSrement conlalned In 8&OOn 477 of the Companle8Act 2006, lor Ihg year ended 31 March 2025, The dlieclorB acknowledge Ih8ir iespon$ibililies lor complying with the requirement8 Of the Companles Act 2006 wllh reBPeCt lo accounling records and the pieparklion of fln8nGlal st&lem6nls. The members have not requlred the company to obloln an aud51 of It8 fin8n¢l&l 8l&lemenls fgr thè yoar In que¥llon In accordancè wllh 8ecllon 478. Thase financlal 8latement8 hav8 been prep8red In @c lo thè small compan16s reglme. ancè wllh the provl8lon3 appllcable to compankgs sublect The fln¥n¢lal slatemonls were appro od by the tr tee on. Mlcheel Woodford MBE Trust99 ngrass Trus Company Regl8tratlon No. 06S27979
SAFER ROADS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng poll¢les Charlty Informatlon Safer Roads Foundation is a prlvale company limlled by guarantee IncorpoTaled in England and Wales. The registered office is Offi'ce 605, Albert House. 256-260 Old Street. London, EC1V 9DD. 1.1 Accounllng conventlon The financlal slalemen15 have been prepared in accordance with the Charity's Memorandum and Articles ol Association dated 7 March 2008, the Companies Act 200S, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. I'FRS 102.1 and the Charities SORP "Accounting and Reporting by Charities.. Slalemenl of RecDmrnended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1 Q21" leffeclive 1 January 20191. The Charity Is a Public Benefit Enlily as defined by FRS 102. The Charity has taken advantag8 01 tho provisions in th8 SORP for charilles not lo prepare a Slalement ol Cash Flows, The Iln8nc181 slalemenls are prepared In slerllng, whlch Is the funcllonal currency ol thè Charity. Monetary amounts in these financial 51alemenls are rounded lo the nearest £. Tho financlal slalemenls have been prepared undor the hbslorical cost convenllon. The prlncipal accounllng policies adoplod are sel out below. 1.2 Golng concern Al the Ilme ol approvlng the linanclal 81alemenls. the Iruslees have a reasonable expectation that th8 Charity has adequate resources lo continue In op&ralional exlslence lor the for&se8abl8 lulure. Thus the Iru51ee5 contlnue lo adopt the golng concern bas18 of accounllng In preparlng the flnanclal slalemenl8. 1.3 Charltable funds Unreslricled fund8 are available for uso al the discrellon of the Iruslees Sn furtherance of Ihelr charllable objectives. 1.4 Income Income is recognised when the Charity is legally enlilled lo it after any performance conditions have been mel, the amounts can be measured reliably, and il is probable that income will be received. Cash donations arg re¢ognised on receipt. Other donations are rgcognised once the Charity has been nolifl&d of the donation, unless performance conditions require deferral of the amount. Income lax recoverable In relation lo donations received under Gift Aid or deeds of covenant is recognised 81 the lime of the donation. Legacies are recognised on receipt or otherwse if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is nol known, the legacy is treated as a CDnlingenl asset.
SAFER ROADS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Icontlnuedl 1.6 Exp6ndltur& Llabllilies are recognised as Soon as ther818 a18gal or conslruclive obllgatlon commilling the Charity lo the expenditure. All expenditure is accounted for on an accruals basls and has been c188sllied under headings that aggregat8 all costs related lo that category. Charitable 6xpendilure comprises those costs Incurred by the Charity in the dellvery of ils acllvitles and servlces for ils beneficiaries. 11 includes both costs that can be allocated directly lo such acllvitles and those C0518 of an indirect nature necgssary lo support them. 1.6 Cash and cash 6qulvalents Cash and cash gquiva18nls include cash In h8nd, dep08118 held al call wllh banks and other short-term liquld Inve81menls wllh original malurilies of three months or le88. 1.7 Flnanclal Instrumènts The Charity has tslecled lo apply the provSslons of Section 11 'Basic Flnancial Inslrumenls, and Sèction 12 'Olher Flnancial Instruments Issues. of FRS 102 10 all of ils financial inslrumenls. Financial inslrumèn18 are racognised in the Charlly's balance sheet when the Charity becomes party lo the CDnlraclual provislons of the Inslrumenl, Fbnancial aBBels and Ilabllllles are offs&l, wllh the nel amounts presented in the flnanclal slalemenls, when there Is a legally enforceable rlghl lo sel off the recognised amounts and there Is an Inlenllon lo sellle on a net basis or lo rgalise the asset and sellle the liability simultaneously. Baslc flnanclal a8set8 Basic lin8n¢ial assets. which include debtors and cash and bank balances, are Initially measured al transaction price including transaction costs and are subsequently carrled al amortlsed cost using the offe¢live Inl&resl mglhod unless the arrangement conslllules a flnancing Iransacllon, where the transaction Is measured al the present value of the future receipts discounted 81 a market rale of Interest. FlnancSal assets classified as receivable within one year are not amortised. Baslc flnanclal Ilabllltles Baslc financlal liabilities, including creditors are initially r8cognised al transaction prlce unless the arrangement conslilules a financing Iransaclion, wher8 the debt Instrument Is measured al the present value of the future payments discounted al a market rale of interest. Financial liabilities classified as payable within one year are not amortlsed. Debt instruments are subsequently carried al amortised cost, using the effective interest rale method. Dergcognltlon of flnanclal Ilabllltles Financial liabilities are derecognisgd when the Charity's conlraclual obligations expire or are discharged or cancelled. 10-
SAFER ROADS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Icontlnuedl 1.8 Forelgn exchango Transactions in currencies other than pounds sterling ar& recorded al the rates of exchange prevailing al the dales of the transactions. Al each reporting end dale, monetary assets and liabilities that are denominated in foreign currencies are relranslaled al the rates prevailing on the reporting end dale. Gains and losses arising on translation arg in¢lud8d in net Incomelexpendilure for the period. 1.9 Governance costs Governance costs Include costs of the preparation and examlnalion of the slalulory accounts, the costs of the Iruslee meolings and the cost of any legal advice lo Iruslees on governance or conslllulional mallers. Donatlons and 1ogacle8 2025 2024 DDnallons and gift8 Glft Ald lax re¢laimed 60,025 15,000 80,000 20,057 75,025 100,057 Income from Investmgnts Unrestrlcted Unrestrlcted funds funds 2025 2024 Inlere8t receivable 60,789 20,219
SAFER ROADS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on charltable actlvltles Charltable activities 2025 Charltabl8 actlvltles 2024 Dlrect costs Legal and profgssional fees Meellng cost8 Sundry 41,909 1,229 1,933 43,697 53 1,418 45,071 45,168 Grant funding of 8Ctlvi118s (see note 61 28,913 99,766 Share of support and governance costs1$88 noto 61 Support Governance 1.084 12.935 2,147 10,788 88,003 157.871 Analysls by fund Unreslricled funds 88,003 157,871 Support cost5 allocated to a¢tlvltl98 2026 2024 Investment Management Fees IFlag81onel Governance costs 1.084 12.935 2,147 10,788 14,019 12,935 Analys&d betOn. Charitable aclivllie8 14,019 12,935 Governance costs indudes payments lo the accountant of £5,64012024- £5.460 to Independent examiner). 12-
SAFER ROADS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Grants payable Charltable actlvllles 2026 Charllable actlvltles 2024 European Tran5POrt Saf6ly Councll IETSCI - Belglum Grant in support of ETSC'S aclivilies, these principally being.. Idenllfying and promoting effective measures Dn the basis of international scitsnlllic research and 'besl practice. in areas which offer tho greatest potential for a reduction In transport casualties. 43,954 Eastern Alllance for Safe and Sustalnable Transport IEASSTI UK charlty no.. 1206232 Armenia, Yerevan.. improve safely on the Y8r8van lo Artashal Highway al ils intersection wilhArin Berd Street, by the remedial Ir8almenl of a roundabout with raised pedestrian crossings on each of the approaches. The project is lo be usgd os a referencg silo ol best practice. Th8 objective is lo improve safely for pedestrians crossing al this inler8e¢tlon and lo remove confusing traffic flows ond slow vehicle speeds, The accidènt slalisllcs al this junction, wherg the main highway inlersecls with a Secondary road, were a lolal of 20 serious injuries and 1 falalily (during the perlod of 2016-20211. The project is lo be used as roferenco slle lo encourage be81 practice throughout Ihg country. 758 Eastern Alllanee for Safe and Sustalnable Transport IEASSTI UK charlty no.'1205232 Az6rbaijan, Sumoall.. Improve pedestrian safely by School No 12 sllualed on Mehdi Huseynzadeh, close lo Samed.Vurghun Slreol, with the Inslallalion of signal-conlrollad pede81iian crossing with high-profile signage. In the 3-year r8porling perlod 2019-2021 there were 18 accidents, 4 deaths and 14 inlurl&8 Ilncludlng 1 chlld death and 3 child Injurig81. 8,870 Road Safoty Institutg Pano8-Mylona8 IRSII, Grèecè The following projects were funded wllh grant8 to our Greek road safely local partner.. Evia, Kaslella and Psa¢hna'. enhanced slgnage lo complement the National Road 77101d National Road '4km Speed Enftsrcemenl Corridor.. Evia. Chalkida.. crgalion of two 'be81 pracllce, high-profi18 crossings on Styron Street and adjacent lo the Jumbo superstore on the busy N77. These crossings included Ihermoplaslic road markSngs, hlgh-profile vertical 'Pedeslrian Crossing, signage incorporating flashing LEDS, LED illurninaled studs, Solar panel power units. Floodlighting units were also Included lo ensure the highest level of safely during darkness. Th@ objective of Ihls initiative 15 to provide a lemplale lo be replicated across Greece. 46,187 Parllamentary Advlsory Councll for Transport Safety IPACTSI UK charlty no.. 1068607 Grant in support of PACTS in relallon to commissioning Nick Reed of Reed Mobility (National Highways, Chief Road Safely Adviser) lo provide a report lo allow coroners lo lake the lessons learnt from one inquest of a rDad falalily and share these widely lo prevent further deaths by their issuing a 'Report on Action lo Prevent Future Deaths, IPFDIRegulalion 28 reports). 4,500 Parllamentary Advisory Council for Transport Safety IPACTSI UK charlty no.. 1068607 Grant in support of PACTS in relation lo the opportunity lo save lives in dramatic numbers in India by eliminaling the dangerous and unnecessary practice of switching signalling al junctions lo 'flashing atnber, Iblinkingl al night. 2.132 13-
SAFER ROADS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Grants payablg Icontlnuedl Transport for London ITFLI Grant lo install an additional slgnal al the junction of Farrlngdon Street IA2011, southbound, with Charterhouse Street. The previous conditions were compromised due lo having the secondary signal such a lengthy distance ahead and critically positioned on the left, with the result that al night if the primary 'r&d' aspect were lo fail leg a power line faulll, because of Ih&'closed-in' nature of the junction, Iherg was no peripheral vision ol cross-traffic. Approaching drivers could understandably read the secondary, unusually positioned on the left past the junction, as the actual slop line, The additional signal on the southbound approach now provides the essential contingency. 5,688 East8rn Alllancg for Safe and Sustalnable Transport IEASSTI UK charlty no.. 1205232 Azerballan. Sumgail.. lo improve safely by SchDoI No 12 situated on Mehdi Huseynzadeh, close lo Samed.Vurghun Street. Second phase of works summer 2024 to Install oddilional package of reTredial measures consisting of boll down bollards in Ironl of the school lo prevent parklng right up lo the pedestrian crossing, 'Traffi¢ Lights Ahead, plaques with accompanying distance plaques, 'Parking Prohibilgd, sign8 and 30 kplh signs. The oblectlve is lo Improve 8afely for pedestrians crosslng thls busy road. 1.140 Eastern Alllanc8 for Safe and Sustalnabl& Transport IEASSTI UK charlty no.. 1205232 Armeni?, Yerovan.. lo Smprovè safely on the Yerevan lo Artashal Highway al 118 Intersection with Arln Bèrd Street. SgGond phase of works Summer 2024 to further slow traffic on the approach lo the crossings on the roundabout whore 4 x 6cm rubber yellow and black speed humps have been Installed (dimensions.. width 300mm. height 600mml in Ironl of each of the pedeslrlan crossings. 4,294 Road Safèty Institute Pano8-Mylonas IRSII, Grogce The lollowlng projects were funded with grants lo our Greek road safely local partner.. The Inslallalion in Central Athens of high-profile 'Pedeslrian Crossing, plaques, incorporating a fluorescent yellowlgreen border and the use of cold plastic zebra markings. lo create a templalo lo be used throughout the city, and as a prominent reference sile for ils adoption as the standard for the rest of the country. 12,146 'Bes1 in Class. pedeslrfan crosslng. N77, Chalkida.. inslallallon of two 'Pedeslrian Crossing Ahead, signs al 1 OOM lie one in both dire¢lionsl al Jumbo supermarket In Chalkida, and upgraded signage for the zebra-slyle p&destrian crossing and weight limilalion sign in Kaslella. Evia. 1.809 European Transport Safely Councll IETSCI, Belgium Grant in support of ETSC in relation lo the opportunity to save lives in dramatic numbers in India by eliminating the dangerous and unnecessary practice of switching signalling al junctions to 'llashing amber, Iblinkingl al night and th& campaign to revise existing legislation lo incorporate in manufaclure'Anli-lo¢k Braking System, IABSI on all powered Iwo-wheelers of 100CC or more. 3.403 14-
SAFER ROADS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Grants payable Icontlnuedl Gateway A5sociate5 on behalf of TRAX Road Safety NGO Indla - UK Reltsase grant commillrnenl as claim period elapsed 16,2001 28,913 99,768 Truste69 None of the Iruslees lor any per80n8 connected wlh Ihgml recelved any remuneration or benefits from the Charity during Ihg year. SSnce 1 Aprll 2020, M C Woodford and A Somavilla do not clairn reimbursement from the Charlly for any personal expenses, including travel, accommod8llon and subsistence. As the majorlly ol the Charity's actlvllles are overseos, this offer by these Irusle88 avolds the Charity Incurring conslderable costs Taxatlon The company is a reglslergd charity and does not have 8ny taxable income. Employegs The average monthly numbgr of employees durSng thè yè8r was.. 2025 Number 2024 Number Total There were no employees whose annual remunerallon was moro than £60,000. 10 Cxher galns and losses Unrestrlcted Unrestrlctad fund8 funds 2025 2024 Gainslllossesl upon.. Foreign exchange 79 11 Debtors 2025 2024 Amounts falllng due wlthln one year: Prepayments and accrued income 5,191 5.107 15-
SAFER ROADS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Current asset Investments 2026 2024 Cash equivalents on deposit 850.000 13 Crodltorg: amounts falllng duo wlthln one yoar 2026 2024 Comrnllmanl lo grants not yet paid and falllng due within on8 year Other creditor8 Accruals and deferred income 6,200 2,890 5,501 3,024 5,640 8,664 14,591 14 Unrestrlctod funds The unreslrlcled funds of the charlly comprlse the unexpended balances of donalSons and grants whlch 8re not subject lo specific conditions by donors and grantors as lo how they may be used. These Include designated funds which have been set aside out ol unreslrlcled lunds by the Iruslees for 8peclflc purposes. At 1 Aprll 2024 Incomlng resources Rgsourc9$ gxpond&d Galns and At 31 March Ios$g8 2025 General fund8 854,222 135.814 188,0031 131 902,030 Prevlou8 year: At 1 Aprll 2023 Incomlng Resources resource8 expènded Galns and At 31 March lo$se8 2024 General fund$ 891,896 120,276 1157,8711 1791 854,222 16 Related party transactlons Transactlons wlth related partles Durlng the year the Ch8rfly enl8red Into the following transactions ¥thlh related partle8'. The Charity recoived donations lolalling £60,000 from two Iruslees IM Woodford and A Somavillal of the Charily12024.' £80,000). Gift aid amounting lo £15,00012024'. £20,057) has been claimed on tho donations. 16-