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← Human Trafficking Foundation

2023-12-31-accounts

Registered number: 07121887 Charity number: 1134448

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

CONTENTS

Page
Reference and Administrative Details of the Charity, its Trustees and Advisers 1
Trustees' Report 2 - 9
Independent Examiner's Report 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Financial Statements 13 - 27

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2021

Trustees

Anthony Steen CBE, Chair Rt Hon Karen Bradley MP Rt Hon Baroness Elizabeth Butler-Sloss of March Green GBE Lord Coaker of Gedling Lord Harrington of Watford (appointed 25 January 2024) Paul Jackson Lord Randall of Uxbridge Kt. PC

Company registered number

07121887

Charity registered number

1134448

Registered office

Blackfriars Settlement 1 Rushworth Street London SE1 0RB

Head of Office

Robyn Phillips

Independent examiner and accountants

Martin Bailey FCA Goodman Jones LLP 29-30 Fitzroy Square London W1T 6LQ

Bankers

Barclays 348 Kings Road London SW3 5UT

Solicitors

Maurice Turnor Gardner LLP 15th Floor Milton House Milton Street London EC2Y 9BH

Page 1

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

The Trustees (who are also directors of Human Trafficking Foundation ("the Foundation" or HTF" herein) for the purposes of the Companies Act 2006) present their Annual Report together with the financial statements of the Charity for the year 1 January 2023 to 31 December 2023. The Annual Report serves the purposes of both a Trustees' Report and a Directors' Report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Objectives and activities

a. Policies and objectives

The Human Trafficking Foundation grew out of the All-Party Parliamentary Group on Human Trafficking and Modern Slavery with three objectives:

  1. To shape policy and legislation by equipping parliamentarians and policy makers, lead government departments, local authorities, police and statutory agencies to better understand the extent and nature of human trafficking, and the need to adjust rapidly to changing trends;

  2. To provide a sustained and collective voice amongst NGOs, civil society, and voluntary organisations fighting modern day slavery so that short-comings in current policy can be identified and addressed, and how that can best be tackled; and

  3. Identifying opportunities for new and different types of intervention within the rapidly evolving landscape of human trafficking

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

Activities and performance

a. Overview

During 2023, HTF developed new internal policies such as a policy on co-working between people with learnt experience and people with lived experience of modern slavery, a social media policy and brand guidelines. HTF also formalised its values:

The Human Trafficking Foundation is committed to leading change through unity not adversity. We partner with all individuals and organisations working to tackle human trafficking and share facts to enable partners to draw their own conclusions. We are proactive in our approach, seeking out trends and issues and bringing together multi-agency partners to create practical solutions.

Page 2

HUMAN TRAFFICKING FOUNDATION (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

Activities and performance (continued)

(continued)

b. Review of activities

Objective 1: To shape policy and legislation by equipping parliamentarians and policy makers, lead government departments, local authorities, police and statutory agencies to better understand the extent and nature of human trafficking, and the need to adjust rapidly to changing trends

APPG

In 2023, Human Trafficking Foundation continued to offer the Secretariat to the All-Party Parliamentary Group (APPG) on Human Trafficking and Modern Slavery, co-chaired by Rt Hon Karen Bradley MP and Baroness Elizabeth Butler Sloss. Anthony Steen was re-elected the Specialist Advisor. The APPG produced a leaflet to share with MPs to provide awareness on modern slavery and the difference between trafficking and smuggling. The APPG hosted a panel event on 23 May, entitled ‘Impact of the Nationality and Borders Act on trafficked British and foreign-national children’ where they heard from the Office of the Children’s Commissioner and National Police Chief Council about the effects of recent legislation on child victims of modern slavery. In November, Baroness Butler Sloss and Lord Randall met with the US Ambassador at Large during her visit to the UK ahead of the US Trafficking in Persons report.

Policy

HTF submitted written evidence to the Joint Committee on Human Rights in relation to the modern slavery elements of their pre-legislative scrutiny of the Illegal Migration Bill and written and oral evidence to their inquiry into the treatment of asylum seekers in the UK. HTF also submitted evidence to the Home Affairs Select Committee inquiry into human trafficking and Baroness Butler Sloss was invited to give oral evidence.

Following Part 5 of the Nationality and Borders Act coming into effect, HTF published a briefing, working with partners to collate the impact on victims of trafficking. The briefing highlighted the large number (1,058) of potential victims of trafficking unable to access support because they couldn’t provide evidence at an early stage. The briefing was well received and over half of the recommendations have been implemented by government, (including publishing the average length of time for a reasonable grounds decision, publishing the number of reconsideration requests, and the offline prompt sheet updated in line with the new National Referral Mechanism form). Following this, the Modern Slavery Policy & Evidence Centre commissioned HTF, in collaboration with The British Institute of International and Comparative Law, and the Anti Trafficking Monitoring Group, to produce a report on the overall impact of Part 5 of the Nationality and Borders Act to date, to be published in 2024.

Prior to the passing of the Illegal Migration Act, HTF worked with the University of Nottingham Rights Lab to produce evidence briefings and coordinated an open letter to the Home Secretary on behalf of 12 councils seeking clarification on how the new legislation would impact the statutory duties of local authorities under the Modern Slavery Act 2015. This followed concerns raised by councils that they were making referrals for victims who would be later disqualified from support and subject to removal once the Act comes into effect. The Minister for Safeguarding responded to this letter, reiterating the government’s ‘commitment to providing effective support to victims of modern slavery’.

Throughout 2023, HTF continued to co-chair the Modern Slavery Engagement Forum for Victim Support (MSEF) with the Home Office Modern Slavery Unit, the channel in which they consult with the sector.

Page 3

HUMAN TRAFFICKING FOUNDATION (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

Activities and performance (continued)

(continued)

Local Government

Approximately one third of all victims of modern slavery in the UK are identified in London. As a result, HTF supports all 32 boroughs, plus the City of London Corporation, to ensure local authorities are meeting their statutory duties under section 52 Modern Slavery Act and systems are in place to identify and support survivors.

HTF continued to provide 1-1 support to London boroughs looking to strengthen their response to modern slavery. This included connecting boroughs to share best practice, attending and advising on modern slavery working groups across London, and delivering awareness raising presentations. HTF continued to produce a regular newsletter for over 600 people working in statutory agencies in London to provide information, resources, updates and tools to support with meeting statutory responsibilities in tackling modern slavery and in developing good practice locally.

Throughout 2023, HTF continued to coordinate the London Modern Slavery Leads Network (LMSL), the first cross-council group in the UK, which HTF established in 2018 to share best practice, allow a space for partners to keep up to date with policy changes and ensure modern slavery remains high on the agenda for statutory agencies in London. An average of 50 professionals attended the quarterly meetings, representing all London Boroughs, the Metropolitan Police and key statutory agencies. During 2023, the LMSL was Chaired by the Community Safety Partnership Manager at Lambeth Council and two new members joined the LMSL Executive Committee: the Strategic Lead for Domestic Violence and Abuse at NHS England and the Detective Chief Inspector for the Modern Slavery Central Special Crime team within the Met Police. Speakers at LMSL meetings highlighted the most prevalent issues, including attendance from the Home Office Modern Slavery Unit outlining major policy changes to members. The LMSL’s priority areas for 2023 were data, transitional safeguarding, housing and training.

With permission, HTF continued to share the Met’s anonymised modern slavery data with LMSL members – the only in-depth modern slavery data available to boroughs – on a monthly basis and hold quarterly subgroup discussions with boroughs on how to use the data to inform their response to modern slavery.

The transitional safeguarding subgroup continued to meet quarterly to share good practice on developing a response to prevent young victims of trafficking falling through gaps in support once they turn 18 and are considered an adult. HTF was invited to share its work on this with the West Midlands Violence Reduction Unit who aim to develop a similar model.

Based on a model between Sheffield Council and the Snowdrop Project, in July, HTF developed the ‘Trusted Assessor’ pilot in collaboration with The Salvation Army and Hestia and the London Boroughs of Westminster, Islington and Hillingdon. The Trusted Assessor pilot enables Hestia to complete housing applications on behalf of survivors to avoid re-traumatisation by the housing officer asking personal questions; to build trust between survivors and the authorities, and to strengthen multi-agency working. HTF developed the project plan and monitoring framework and facilitated reciprocal training. Following training delivered by the councils, Hestia reported their understanding and empathy of the councils’ housing processes had improved and all partners reported improved communication. The pilot will run until July 2024.

The need for training for First Responders given the various legislative changes and updates to the Modern Slavery Statutory Guidance led to HTF facilitating an online conference for 750 First Responders from across England and Wales in October. The Modern Slavery Unit and Immigration Enforcement Competent Authority, among others, spoke at the event and took an in-depth look at what the National Referral Mechanism is, what makes a good NRM referral and how the decisions are made. Prior to the event, 33% of attendees agreed with the statement “I am confident making referrals to the NRM.” After the event, 86% agreed with the statement and 0% disagreed with the statement. 97% found the event useful.

Page 4

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

Activities and performance (continued)

(continued)

Objective 2: To provide a sustained and collective voice amongst NGOs, civil society, and voluntary organisations fighting modern day slavery so that short-comings in current policy can be identified and addressed, and how that can best be tackled

Lived Experience Advisory Panel

Throughout 2023, HTF continued to work with independent consultants with lived experience of modern slavery to develop the Lived Experience Advisory Panel (LEAP) to ensure lived experience is embedded in antitrafficking work across the UK. In February, LEAP developed a specialist modern slavery training series, designed to focus on topics they consider most important for professionals to know, including a relational response to child exploitation, cultural humility and criminal exploitation. This training series was open to NHS, local authorities, community groups and law enforcement in London and over 340 people signed up. Post training, 97% of attendees said they felt confident in their ability to support survivors of modern slavery in their work, compared to only 47% before training. In addition to training, organisations commissioned LEAP through HTF for consultations. For example, through HTF, LEAP was commissioned by two councils in the West Midlands to review training materials; by a youth group to speak to its members about the risks of grooming and exploitation; and by the Modern Slavery and Organised Immigration Crime Unit to consult on the Modern Slavery Investigative Guide for all police forces, which was subsequently updated and LEAP’s work referenced by the Minister for Safeguarding during a Westminster Hall Debate.

Anti-Slavery Day Awards

The Anti-Slavery Day Awards event was held at Speaker’s House on 17th October to recognise the media’s role in raising awareness of modern slavery and celebrate the achievements of individuals and organisations working to tackle this crime. The event welcomed 150 leaders from across the sector, as well as MPs and Peers. Rt Hon Sir Lindsay Hoyle MP hosted the event alongside the Shadow Home Secretary Yvette Cooper MP who presented the Outstanding Contributions awards.

National Network Coordinators’ Forum

HTF continued to coordinate the National Networks Coordinators Forum (NNCF), which HTF established for Coordinators of local Anti-Slavery Partnerships across the country, and hold quarterly meetings to share trends, best practice and challenges and encourage collaboration across geographical areas. October saw the first inperson meeting post pandemic which was held in Birmingham and over 20 Coordinators from across England and Wales travelled to attend. New anti-slavery partnerships joined NNCF and areas re-engaged where the partnership response had previously paused. The Modern Slavery & Organised Immigration Crime team, Local Government Association and the National Crime Agency also began regularly attending the NNCF meetings. Coordinators played a key role in the Nationality and Borders Act briefing that HTF produced and in the letter from councils to the Home Secretary.

Online Resources

There were 5,374 visits to the map of survivor support services on HTF’s website in 2023, with people accessing the interactive map, alongside lists of accommodation, legal services and support for survivors across the country all in one place. HTF also continued to maintain the Survivor Hub; a webpage where people with lived experience of modern slavery can access information and resources all in one place. HTF also maintained the Single Point of Contact Directory for statutory agencies in London and the London Support Services Directory.

Page 5

HUMAN TRAFFICKING FOUNDATION (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

Activities and performance (continued)

(continued)

Objective 3. Identifying opportunities for new and different types of intervention within the rapidly evolving landscape of human trafficking

Advisory Forums

HTF produces a fortnightly newsletter for over 1,500 people working in the anti-slavery sector to keep them updated on policy changes, events and reports. In 2023, the newsletter had an average open rate of 41% (compared with an average of 28.59% for non-profits) and an average click rate of 11% (compared with 3.3% average for non-profits). The newsletter recipients are also invited to HTF’s advisory forum, which brings the sector together to hear from expert speakers on specific topics and emerging trends.

In February, HTF organised the first in-person advisory forum since the pandemic, hosted by Linklaters LLP and chaired by Anthony Steen and Baroness Butler Sloss. 175 guests attended the Forum to hear updates from the Deputy Directors of the Modern Slavery Unit in the Home Office and to discuss emerging trends and key issues such as lack of capacity for referrals amongst First Responder organisations. HTF also organised two advisory forums online which provided a platform for speakers from a diverse range of organisations, including community grassroots and diaspora-led organisations and people with lived experience of modern slavery. On 18th May the online forum had 120 attendees and focused on practical tips for responding to vicarious trauma, burnout and staff retention in the sector. Speakers’ guidance was combined into a briefing and attendees said the forum helped them feel heard and supported. An NGO contacted HTF to say the forum had led to them developing a sabbatical policy. HTF held an online Forum on 7th December focused on modern slavery and exploitation in the care sector, responding to a huge increase in identification of victims in care homes. This forum heard from speakers from the Gangmasters and Labour Abuse Authority, National Care Association and Pan-African Workers’ Association among others and was attended by 300 people, resulting in heightened awareness and more organisations joining a coalition of partners responding to this pressing issue.

Europe

Responding to the increased risks of human trafficking following the war in Ukraine, HTF worked with the Speaker of the Polish Sejm and the Organisation for Security and Cooperation in Europe (OSCE) to host a workshop in Warsaw on the 27th and 28th June. The workshop was attended by Parliamentary Officials from 13 countries: Bulgaria, Czechia, Estonia, Ireland, Italy, Latvia, Lithuania, Moldova, Montenegro, Poland, Romania, UK and Ukraine, and focused on strengthening the legislative response to trafficking and modern slavery risks for Ukrainian refugees, the majority of whom are women and children, in host countries across Europe. The keynote speech was delivered by Olena Kondratiuk, the Vice Speaker of the Verkhovna Rada (Parliament) of Ukraine. A joint communique was signed by all participating states to express commitment to long-term assistance to Ukrainian refugees generally and victims of human trafficking specifically, including sharing information, prevention of human trafficking and enforcement.

Research

For many years HTF has heard from a wide range of partners with lived and learnt experience of modern slavery about the challenges surrounding access to housing. As such, HTF, funded by Commonweal Housing, worked with partners to publish a report The Key Issue: Housing for Survivors of Modern Slavery in October. Survivors are entitled to safe and appropriate accommodation under the Council of Europe Convention on Action Against Trafficking in Human Beings and yet access to this accommodation is full of challenges. The report found that only 13% of adult victims in the NRM are in safehouse accommodation, with the remainder in asylum accommodation, prison, detention and local authority accommodation. HTF will be hosting a roundtable in 2024 to take forward the recommendations.

Page 6

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

Activities and performance (continued)

(continued)

Victim Fund

HTF provides small grants to survivors through the Victim Emergency Fund to help victims of human trafficking and modern slavery with small one-off grants (max. £200) to meet their immediate needs when no other sources of funding are readily available. HTF provided 54 grants to survivors in 2022, funding items such as school uniforms for children of survivors, winter clothing, laptops, items for unfurnished properties, cooking utensils and essentials for new-born babies.

Financial review

a. Finances

An annual budget was agreed before the start of the financial year, setting out the policy and objectives for that year, the financial implications, and the general modus operandi for achieving the objectives. The financial transactions of the Foundation during the year and the financial position at the end of the year are set out in the attached accounts.

During this period, the Foundation received gross income of £170,962 (2022: £147,337) in the form of grants from the National Lottery Community Fund, Samworth Foundation and AB Charitable Trust amongst others.

Expenditure for 2023 was £207,853 (2022: £225,629). This created a deficit in funds for the year of £36,891 (2022: £78,292 deficit).

We also have a reserves policy included in the carried forward balance which is listed separately below.

Our Funding

The Foundation is grateful to the trusts and research bodies who have supported our work this year, including: National Lottery Community Fund Samworth Foundation AB Charitable Trust Commonweal Housing Mayors Office for Police and Crime (MOPAC) Modern Slavery Policy and Evidence Centre (MS PEC) University of Nottingham Rights Lab The Vandervell Foundation William Whyte Tait Charitable Trust Marsh Charitable Trust

b. Reserves policy

The Trustees have approved a reserve of £45,000, which equals approximately three months essential running costs.

Page 7

HUMAN TRAFFICKING FOUNDATION (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

Structure, governance and management

a. Constitution

The Foundation is constituted under a Memorandum of Association and is a registered charity number 1134448.

The Foundation is a limited company with registration number 07121887.

Our principal objective is to support and add value to the work of the many charities operating to combat human trafficking and modern slavery in the UK and to provide information and advice on preventing trafficking and modern slavery to parliamentarians, central and local government, regional and individual police forces and border and immigration agencies.

b. Methods of appointment or election of Trustees

The management of the Foundation is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association. New trustees are appointed by resolution of a meeting of the Trustees after nomination by one member, with due regard given to the diversity, skills, experience and knowledge required to complement the skill profile of the current Board. Upon appointment Trustees meet the Chairman and are briefed on their responsibilities and obligations as trustees and provided with appropriate documents.

c. Organisational structure and decision-making policies

Trustees who served during the year were: Anthony Steen CBE (Chairman) Rt Hon Baroness Elizabeth Butler Sloss GBE (Deputy- Chairman) Rt Hon Lord John Randall (Deputy - Chairman) Lord Vernon Coaker of Gedling Rt Hon Karen Bradley MP Paul Jackson (Treasurer)

The Foundation is run by a Board of Trustees, who play an active part in the running of the Foundation in conjunction with an outstanding team of three members of staff. The trustees meet quarterly. The role of the Board is to steer the growth and strategic direction of the charity, to approve the budget for the year and monitor the financial position based on regular reports, and approve the annual accounts, auditor’s report and appointment.

In 2023, the charity’s activities were carried out by a small, committed team, comprising staff with different but complementary skills, supported by the trustees, keeping a tight focus on those areas where the Foundation is uniquely able to make a difference.

The Trustees review the main risks facing the Foundation on a regular basis, giving consideration to the appropriate policies, procedures and systems to minimise the Foundation’s exposure to risk.

Page 8

HUMAN TRAFFICKING FOUNDATION IA Company Llmlted by Guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Statement of Trustge$' responslbllities The Trustees Iwho are also the dire¢lors of the Charity for the purposp$ of company lawl are responsible for preparing the Trustees, Report including the Strategi¢ Report and the financial statement$ in accordance wlh applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practicè). Company law requires the Trustees lo prepare financial slalemenls for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the Charity and of ils incoming resources and application of resources, including ils incorne and expenditure, for that peritxl. In preparing these financial slal¢monls, the Trustees are required to.. select suitsble accounting policies and then apply them eonsislenlly.. observe the methods and principles of the Charities SORP IFRS 1021., make judgements and accounting estimates that are reasonable and PTudenl', state whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any material departures disclosed and explained in the financial slatemenls.. prepare the financial slalements on the going concern basis unless f( is inappropriate to presume that the Charity wll continue in busines9. The Trustee8 are responsible for keeping adequate aecounling records th* are sufficient lo show and explain the ChariV5 transactions and disclose with reasonable accuracy al any lime the financial position of the Charty and enable them lo ensure that the financial statements comply wf(h the Companies Act 2006. They are also responsible for safeguarding the assets ol the Charity and hence for taking reasonable slep6 for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on their behalf by.. Paul Jackson Treasurer Dale.. l¥lySi4 Page 9

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

Independent Examiner's Report to the Trustees of Human Trafficking Foundation ('the Charity')

We report to the charity Trustees on our examination of the accounts of the Charity for the year ended 31 December 2023.

Responsibilities and Basis of Report

As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied ourselves that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, we report in respect of our examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out our examination we have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

We have completed our examination. We confirm that no matters have come to our attention in connection with the examination giving us cause to believe:

  1. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our work has been undertaken so that we might state to the Charity's Trustees those matters we are required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for our work or for this report.

Signed: Dated: 20-09-24 Martin Bailey FCA Goodman Jones LLP 29-30 Fitzroy Square London W1T 6LQ

Page 10

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2023

Note
Income from:
Donations and legacies
4
Investments
5
Total income
Expenditure on:
Charitable activities
8
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2023
£
98,484
172
98,656
136,549
136,549
(37,893)
118,639
(37,893)
80,746		 Restricted
funds
2023
£
72,306
-
72,306
71,304
71,304
1,002
7,633
1,002
8,635		 Total
funds
2023
£
170,790
172
170,962
207,853
207,853
(36,891)
126,272
(36,891)
89,381		 Total
funds
2022
£
147,318
19
147,337
225,629
225,629
(78,292)
204,564
(78,292)
126,272

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 13 to 27 form part of these financial statements.

Page 11

HUMAN TRAFFICKING FOUNDATION IA Company Limited by Guaranteel REGISTERED NUMBER: 07121887 BALANCE SHEET AS AT 31 DECEMBER 2023 2023 122 Note Fixed assets T￿￿LIe assets 10 276 276 Cwrent a88ets 11 10,205 142.344 4,973 13Z671 Cash at hfna 152.549 137,644 12 163,4441 (11,879) 89.105 125,765 Total asset$ less ewrent lith"litiey 89.381 126,272 Total net a8sel8 89,381 126,272 Charity fun Restncted fur unrestric1￿1 furMI8 13 13 8,635 80,746 7,633 If8,&79 Total fund 89,381 126,272 The Charity was entitled lo exemption from audit under section 477 of the Companie5 A¢1 2006. The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 20C6. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial slalemenls. The financial statements have k>een prepared in accordance with the provisions applicable lo entities subject to the srnall companies regim¢. The finan¢ial statements were approved and aulhorised for issue by the Trusloes and signed on their behaw by.. Paul Ja¢k$on Treasurer Dale.. The notes ¢n p ges 1 27 form part of these financial statemonls. Page 12

HUMAN TRAFFICKING FOUNDATION (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1. General information

The Human Trafficking Foundation is a private limited company by guarantee incorporated in England and Wales. The registered office is Blackfriars Settlement, 1 Rushworth Street, London, SE1 0RB. The objects of the Charity are set out in the Trustees' Report on page 2.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Human Trafficking Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

2.2 Company status

The Charity is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the Charity being wound up, this liability in respect of the guarantee is limited to £1 per member of the Charity.

2.3 Going concern

The Charity receives most of its income in the form of grants from trusts and foundations. After the reviewing the level of recurring expenditure, expected income (including grants already notified to/received by the Charity), and the future plans of the Charity for the year ended 31 December 2024 and beyond, the Trustees consider that the Charity is a going concern and that the financial statements are appropriately prepared on the going concern basis.

2.4 Fund accounting

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

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 13

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

2. Accounting policies (continued)

2.5 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donated services or facilities are recognised when the Charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the Charity of the item is probable and that economic benefit can be measured reliably.

On receipt, donated professional services and facilities are recognised on the basis of the value of the gift to the Charity which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Grant income is recognised once the above criteria have been met, together with any perfmormance conditions attached to the grant. Grant income received is deferred only when the Charity has yet to fulfil the performance conditions.

2.6 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the bank.

2.7 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

All expenditure is inclusive of irrecoverable VAT.

Page 14

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

2. Accounting policies (continued)

2.8 Tangible fixed assets and depreciation

All assets costing more than £500 are capitalised.

A review for impairment of a fixed asset is carried out if events or changes in circumstances iindicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recongised as impairments. Impairment losses are recognised in the Statement of Financial Activities incorporarting Income and Expenditure Account.

Tangible assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures and fittings - 25% straight line
Office equipment - 25% straight line

2.9 Debtors

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

2.10 Cash at bank and in hand

Cash at bank and 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.

2.11 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.

2.12 Financial instruments

The Charity only 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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Page 15

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

  1. Accounting policies (continued)

2.13 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

3. Critical accounting estimates and areas of judgement

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The Trustees have not identified any estimates or assumptions that are considered to have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

4. Income from donations and legacies

Donations
Grants
Total 2022		 Unrestricted
funds
2023
£
71,714
26,770
98,484
70,425		 Restricted
funds
2023
£
3,200
69,106
72,306
76,893		 Total
funds
2023
£
74,914
95,876
170,790
147,318		 Total
funds
2022
£
94,237
53,081
147,318

Page 16

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

  1. Investment income
Unrestricted
funds
2023
£
Investment income
172
Total 2022
19		 Total
funds
2023
£
172
19		 Total
funds
2022
£
19

6. Analysis of expenditure by activities

Shaping policy
Total 2022		 Activities
undertaken
directly
2023
£
155,289
166,171		 Grant
funding of
activities
2023
£
4,714
6,974		 Support
costs
2023
£
47,850
52,484		 Total
funds
2023
£
207,853
225,629		 Total
funds
2022
£
225,629

Page 17

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

6. Analysis of expenditure by activities (continued)

Analysis of direct costs

Staff costs
Awards event
Seminars, conferences and workshops
Printing, postage and stationery
Project travel, subsistence and volunteer costs
Consultancy and professional fees
Home Office project
Total 2022		 Shaping
policy
2023
£
127,880
4,609
3,316
479
770
18,235
-
155,289
166,171		 Total
funds
2023
£
127,880
4,609
3,316
479
770
18,235
-
155,289
166,171		 Total
funds
2022
£
110,777
3,641
950
3,395
4,658
12,686
30,064
166,171

Page 18

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

6. Analysis of expenditure by activities (continued)

Analysis of support costs

Printing, postage and stationery
Premises costs
Telephone and internet
Accountancy
Bank charges
Depreciation
Computer costs
Recruitment, staff training and other staff costs
Insurance
Independent examination fee
Trustees and governance costs
Total 2022
7.
Analysis of grants payable
Victim fund
Total 2022		 Shaping
policy
2023
£
856
24,769
1,086
10,855
160
231
2,592
1,409
937
4,414
541
47,850
52,484
Grants to
Institutions
2023
£
4,714
6,974		 Total
funds
2023
£
856
24,769
1,086
10,855
160
231
2,592
1,409
937
4,414
541
47,850
52,484
Total
funds
2023
£
4,714
6,974		 Total
funds
2022
£
624
26,637
1,007
11,659
192
449
2,725
3,098
936
4,576
581
52,484
Total
funds
2022
£
6,974

Page 19

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

8. Analysis of expenditure on charitable activities Summary by fund type

shaping policy
Total 2022		 Unrestricted
funds
2023
£
136,549
143,343		 Restricted
funds
2023
£
71,304
82,286		 Total
2023
£
207,853
225,629		 Total
2022
£
225,629

9. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2023
£
115,553
6,655
5,672
127,880		 2022
£
97,694
7,222
5,861
110,777

The average number of persons employed by the Charity during the year was as follows:

2023 2022
No. No.
Full time 3 3

No employee received remuneration amounting to more than £60,000 in either year. Key management personnel are considered to be the Trustees.

Page 20

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

10. Tangible fixed assets

Cost or valuation
At 1 January 2023
At 31 December 2023
Depreciation
At 1 January 2023
Charge for the year
At 31 December 2023
Net book value
At 31 December 2023
At 31 December 2022
11.
Debtors
Due within one year
Trade debtors
Other debtors
Prepayments and accrued income		 Fixtures and
fittings
£
4,560
4,560
4,560
-
4,560
-
-		 Office
equipment
£
18,062
18,062
17,555
231
17,786
276
507
2023
£
3,138
1,403
5,664		 Total
£
22,622
22,622
22,115
231
22,346
276
507
2022
£
-
1,403
3,570
10,205 4,973

Page 21

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

12. Creditors: Amounts falling due within one year

Trade creditors
Other taxation and social security
Pension fund loan payable
Other creditors
Accruals and deferred income
Resources deferred during the year		 2023
£
4,992
3,075
682
225
54,470
63,444
2023
£
50,000		 2022
£
2,660
3,079
896
301
4,943
11,879
2022
£
-

Deferred income represents grant income received in advance of the Charity having full entitlement to the funding.

Page 22

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

13.
Statement of funds
Statement of funds - current year
Unrestricted funds
Designated funds
European Council Work
General funds
General Funds - all funds
Total Unrestricted funds
Restricted funds
Survivor fund
Victim Fund
Commonweal Housing
National Lottery
Modern Slavery Policy and Evidence Centre
Total funds		 Balance at 1
January
2023
£
26,293
92,346
118,639
949
6,684
-
-
-
7,633
126,272		 Income
£
-
98,656
98,656
-
3,200
7,096
50,000
12,010
72,306
170,962		 Expenditure
£
(2,135)
(134,414)
(136,549)
(523)
(4,191)
(7,096)
(47,484)
(12,010)
(71,304)
(207,853)		 Balance at
31
December
2023
£
24,158
56,588
80,746
426
5,693
-
2,516
-
8,635
89,381

Page 23

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

13. Statement of funds (continued) Statement of funds - prior year

Unrestricted funds
Designated funds
European Council Work
General funds
General Funds - all funds
Total Unrestricted funds
Restricted funds
Survivor fund
Victim Fund
City Bridge Trust
Home Office Survivor Project
Commonweal Housing
Total funds		 Balance at
1 January
2022
£
30,000
161,538
191,538
1,550
4,129
7,347
-
-
13,026
204,564		 Income
£
-
70,444
70,444
-
9,123
-
64,932
2,838
76,893
147,337		 Expenditure
£
(3,707)
(139,636)
(143,343)
(601)
(6,568)
(7,347)
(64,932)
(2,838)
(82,286)
(225,629)		 Balance at
31
December
2022
£
26,293
92,346
118,639
949
6,684
-
-
-
7,633
126,272

Page 24

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

13. Statement of funds (continued)

Restricted funds in the current and prior years relate to the following purposes:

Designated funds are held for the following purposes:

Page 25

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

14. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted
funds
2023
£
Tangible fixed assets
276
Current assets
143,914
Creditors due within one year
(63,444)
Total
80,746
Analysis of net assets between funds - prior year
Unrestricted
funds
2022
£
Tangible fixed assets
507
Current assets
130,011
Creditors due within one year
(11,879)
Total
118,639		 Restricted
funds
2023
£
-
8,635
-
8,635
Restricted
funds
2022
£
-
7,633
-
7,633		 Total
funds
2023
£
276
152,549
(63,444)
89,381
Total
funds
2022
£
507
137,644
(11,879)
126,272

15. Pension commitments

The Charity operates a defined contribution pension scheme. The assets of the scheme are held seperately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £5,672 (2022: £5,861). Contributions totalling £682 (2022: £896) were to the fund at the balance sheet date and are included in creditors.

Page 26

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

16. Related party transactions

The Foundation reimbursed the Charity's Trustees for travel, hotel, and other direct costs incurred as a result of their voluntary work on behalf of the Foundation. All costs incurred were considered to be exclusively in the pursuit of the charitable objectives of the organisation.

Amounts reimbursed during the period are as follows: Anthony Steen CBE - £24 (2022: £581)

At the balance sheet date, £nil (2022: £nil) of these costs remained outstanding.

During the year, a donation totalling £100 (2022: £nil) was received from a trustee. No restrictions or conditions were attached to this donation.

Page 27