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← Human Trafficking Foundation

2024-12-31-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 2024

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

CONTENTS

Page
Reference and Administrative Details of the Charity, its Trustees and Advisers 1 - 2
Trustees' Report 3 - 10
Independent Examiner's Report 11
Statement of Financial Activities 12
Balance Sheet 13 - 14
Notes to the Financial Statements 15 - 28

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024

Trustees

Lord Randall of Uxbridge Kt. PC, 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 Anthony Steen CBE (resigned 27 November 2024)

Company registered number

07121887

Charity registered number

1134448

Registered office

Blackfriars Settlement 1 Rushworth Street London SE1 0RB

Head of Office and company secretary

Robyn Phillips

Independent examiner and accountants

Martin Bailey FCA Goodman Jones LLP 1st Floor Arthur Stanley House 40-50 Tottenham Street London W1T 4RN

Bankers

Barclays Bank PLC 348 Kings Road London SW3 5UT

Page 1

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

Solicitors

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

Page 2

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

The Trustees (who are also directors of Human Trafficking Foundation (hereafter "the Foundation" or HTF") 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 2024 to 31 December 2024. 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)'.

b. Our 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 3

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Activities and performance

a. 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 2024, the Human Trafficking Foundation continued to provide Secretariat for the All-Party Parliamentary Group (APPG) on Human Trafficking and Modern Slavery, which held a promising meeting in November with engagement from new MPs. HTF continued to co-chair the Modern Slavery Engagement Forum, the avenue by which the Home Office consults with the anti-slavery sector; attended a roundtable with the Minister to discuss the priorities for tackling modern slavery; and met with the leads for parliamentary committees to raise the intersect between their issues and modern slavery. The HTF Trustees met with the US Under-Secretary Zeya and separately, Cindy Dyer, the US Ambassador for Trafficking in Persons, and Dr Kari Johnstone, the OSCE Special Representative and Co-Ordinator for Combating Human Trafficking.

HTF sat on a number of steering groups, including the HMPPS steering group for the development of policies and procedures for prisons, a steering group for mapping Voluntary Returns processes with IOM and a steering group for a Domestic Homicide Review.

Police & Crime Commissioners

In anticipation of the local May 2024 elections, HTF put together a pledge to send out nationally to all Mayoral and Police and Crime Commissioner candidates. Over 50 organisations signed a letter, calling on candidates to sign the pledge to tackle modern slavery if elected. 76 candidates from multiple political parties agreed to the pledge. Out of the 37 elected Police and Crime Commissioners, 18 committed to, or were supportive of, the pledge. Over the next four years, HTF and partners will work with the PCCs to help them deliver on the pledge, which includes delivering a local strategy to tackle modern slavery and prioritise partnership working. HTF has also developed a relationship with the Association of Police and Crime Commissioners (APCC), which has since established a modern slavery task and finish group for PCCs as a result of the pledge.

Victim Care Contract Consultation

In March, HTF was commissioned by the Home Office to provide a consultation with adults with lived experience of modern slavery to inform the design of the new Modern Slavery Victim Care Contract. The consultation was held with 35 survivors of modern slavery across England and Wales who have received support under the Modern Slavery Victim Care Contract since January 2021. The purpose of the consultation was to give survivors an opportunity to have their say on the future of victim support and for the Home Office to understand what support is working well and what would be helpful to provide in the future. HTF commissioned a consultant from the Lived Experience Advisory Panel (LEAP) to be specialist advisor on the consultation. As facilitators, the team took steps to ensure that participants could engage in a trauma-informed environment and developed a specific safeguarding procedure for the project. The feedback from participants, support workers and the Home Office on how the consultation was conducted was extremely positive.

Local Government

As approximately one third of all victims of modern slavery in the UK are identified in London, HTF supports all 32 boroughs and the City of London Corporation, to ensure local authorities are meeting their statutory duties under section 52 Modern Slavery Act 2015 and systems are in place to identify and support survivors. Throughout 2024 HTF continued to work one to one with London Boroughs, advising on strategy, supporting with the development of referral pathways and signposting on complex cases. 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.

Page 4

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Activities and performance (continued)

HTF established and coordinates the London Modern Slavery Leads Network (LMSL) to ensure London Boroughs are responding appropriately to modern slavery and working together to tackle this crime. The LMSL is currently chaired by the Head of Community Safety at Lambeth Council and engagement remains high with over 40 people attending the quarterly meeting representing 31 of the London Boroughs, City of London Corporation, the Metropolitan Police, NHS and other key statutory agencies in London. The Met Police provided HTF with a modern slavery data tool to share with the LMSL to allow every London Borough to see a detailed breakdown of the local picture of modern slavery. HTF held quarterly data workshops to help Boroughs use this data to make evidence-led decisions when responding to modern slavery.

“We are grateful to you and the Human Trafficking Foundation for supporting our NHS staff and partners in their efforts to tackle modern slavery and the harm it causes.’ NHS England

In November, HTF held the annual First Responder Webinar to improve understanding of the National Referral Mechanism (NRM) – the government’s framework for identifying victims of modern slavery - and strengthen the quality of NRM referrals. Speakers included the Modern Slavery Unit and Single Competent Authority within the Home Office, The Salvation Army and a Lived Experience Expert. There were 548 attendees from the Police, local authorities, Border Force, GLAA, and NGO First Responders. After the event, 85% agreed with the statement “I am confident making referrals to the NRM” vs. 28% beforehand.

Trusted Housing Assessor

With housing being a key theme of the LMSL and HTF’s Key Issue report in 2023, HTF, with The Salvation Army, launched an 18-month pilot in collaboration with the London Boroughs of Westminster, Islington, and Hillingdon, which concluded in December 2024. Based on a model between Sheffield Council and the Snowdrop Project, the Trusted Assessor pilot enabled Hestia and The Salvation Army to complete housing applications on behalf of survivors to avoid re-traumatisation from the housing officer asking personal questions; to build trust between survivors and the authorities, and to strengthen multi-agency working. Participants in the pilot highlighted a marked increase in mutual understanding of each other’s roles, which led to smoother coordination and more effective communication between agencies. The pilot successfully improved the efficiency of housing applications and mitigated the risk of re-traumatisation, which was reflected in positive feedback from service users participating in the pilot. The pilot also faced challenges, including a limited number of cases, difficulties in collecting monitoring and evaluation data, and issues arising from staff turnover. The insights and learnings from this pilot will be published in an end-of-pilot report in 2025.

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 2024, HTF continued to work with independent consultants with lived experience of modern slavery in the Lived Experience Advisory Panel (LEAP) to ensure lived experience is embedded in anti-trafficking work across the UK. In 2024, LEAP was commissioned by Durham Modern Slavery Partnership, the Samworth Foundation, Hope for Justice, Hope at Home, Southend Against Modern Slavery, Birmingham and Coventry Councils and the West Yorkshire Police. LEAP also gave oral evidence to the House of Lords Committee on the Modern Slavery Act. LEAP presented at a HMPPS conference and a report launch hosted by Sarah Champion

Page 5

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Activities and performance (continued)

MP, advised West Midlands Anti-Slavery Network on how to develop their own LEAP and participated in the Council of Europe GRETA roundtable. In November, LEAP was invited by the Council of Europe to Malta in recognition of HTF and LEAP’s work on survivor engagement in anti-trafficking policy. Following the success of these presentations, LEAP and HTF were invited to engage in discussions with the Council of Europe and the Maltese Human Rights Directorate and write a follow up paper. Towards the end of 2024 LEAP began developing a self-identification tool to be published in 2025.

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. 2024 saw two new partnerships join the network. As part of the work with NNCF, HTF put together an evidence-briefing on the impact made by having a dedicated modern slavery coordinator employed within a local authority. There are only nine councils, that HTF is aware of in England and Wales, with a role solely focusing on modern slavery and yet they have a transformative impact on the local response. Out of 218 local authorities that made NRM referrals for adults in 2023, the 9 with a designated modern slavery position made up 18% of all adult NRM referrals. The report will be published in 2025.

Slavery & Trafficking Survivor Care Standards

The Slavery & Trafficking Survivor Care Standards sets a blueprint for survivor support and was endorsed by government in 2018 and used by the Care Quality Commission to inspect the Modern Slavery Victim Care Contract. Given the significant changes introduced since 2018, HTF began the updating process in October 2024, forming working groups to ensure it is a collaborative process, with the aim of publishing the updated Care Standards in October 2025.

Online Resources

There were 27,000 unique visitors to HTF’s website in 2024, an increase in 8% on the previous year. The map of survivor support services was the most visited after the homepage with 4,843 visits from people accessing the interactive map, alongside lists of accommodation, legal services and support for survivors across the country. The map was updated in 2024 with 12 grassroots organisations added. HTF also continued to host 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.

Anti-Slavery Day Awards

The Anti-Slavery Day Awards event was held at Speaker’s House on 15th 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, Speaker of the House of Commons, hosted the event alongside Jess Phillips MP, the Minister for Safeguarding and Violence Against Women and Girls, who presented the Outstanding Contributions awards.

Page 6

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Activities and performance (continued)

‘Last night was by far the highlight of my long working career! I felt honoured, humbled, and very privileged to be in the room with such inspirational and passionate people in the field. The whole event was fantastic and well run.’ Anti-Slavery Day Awards nominee

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 1,700 people working in the anti-slavery sector to keep them updated on policy changes, events and reports. In 2024, the newsletter had an average open rate of 52.6% (compared with an average of 40.4% for non-profits) and an average click rate of 14% (compared with 3.27% 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 held an in-person Forum at Linklaters London, chaired by Lord Randall and Baroness ButlerSloss, to discuss recent policy changes and hear from Dame Diana Johnson who provided an update on the Home Affairs Select Committee inquiry into human trafficking. 134 people attended, including the new Independent Anti-Slavery Commissioner. The feedback was extremely positive, with people commenting on how valuable the opportunity is for ‘up to the minute information’ on a ‘diverse range of topics’ and the importance of networking in enabling ‘working together the tackle this issue’ and knowing we’re ‘not alone’.

HTF also organised two online Advisory Forums 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. An Advisory Forum on Transitional Safeguarding was held in April with 200 people in attendance to address the gap in support for young people as they turn 18. The Met Police contacted HTF to say that as a result of attending the Forum, they would be discussing implementing strategies on transitional safeguarding. In July, HTF worked with the consultants in the Lived Experience Advisory Panel to organise an Advisory Forum for 150 people to explore how the sector can best co-work with survivors.

‘One of the best webinars I’ve ever attended’ Co-working Forum attendee from an NGO

‘An incredibly useful session’ Co-working Forum attendee from the Home Office

New for 2024, HTF also held ‘Knowledge Sharing’ sessions with speakers from specialist organisations in order to support with capacity building within the anti-slavery sector. Topics ranged from how to work with interpreters, to the rise of spiritual abuse, to the use of statutory defence. Eleven sessions were held in total and 737 people attended. On average, 91% of attendees said they felt confident on the subject following the Knowledge Sharing sessions, vs. 30% feeling confident beforehand. 100% of attendees found the sessions useful.

“I wanted to thank you for hosting such informative knowledge sharing sessions. I have attended a number of them, and they have been highly informative and provided either new information and approaches or refreshers so thank you!”

Research

In January, HTF held a roundtable with select partners to discuss findings from The Key Issue housing report and continued to take forward the recommendations with the Home Office and The Salvation Army.

Funded by the Modern Slavery Policy and Evidence Centre (MS PEC), HTF partnered with the British and International Institute of Comparative Law (BIICL) to examine training for First Responder Organisations and undertake a first-of-its kind-analysis of the Duty to Notify (DtN) data for 2020 and 2021 to analyse reasons why

Page 7

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Activities and performance (continued)

adult victims decide not to be referred to the NRM. Following this report, HTF, BIICL and the Anti-Trafficking Monitoring Group (ATMG) were commissioned by MS PEC to document the effects of the Nationality and Borders Act 2022 one year on.

Survivor Emergency Support Fund

HTF provides small one-off grants (max. £200) to survivors through the Emergency Support Fund to help survivors of human trafficking and modern slavery to meet their immediate needs when no other sources of funding are readily available. The Emergency Support Fund was moved to an online form to speed up the process and the fund directly supported 38 survivors in 2024. The small one-off grants, made via 13 frontline charities, included items such as school uniforms, essential white goods and furniture, and devices such as mobile phones and laptops to help people access appointments and attend online classes.

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 £219,953 (2023: £170,962) in the form of grants from the National Lottery Community Fund, Samworth Foundation and Feigenbaum Nii Foundation amongst others.

Expenditure for 2024 was £219,078 (2023: £207,853). This created a surplus in funds for the year of £875 (2023: £36,891 deficit).

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

Our Funding

The Foundation received funding from organisations which commissioned the Lived Experience Advisory Panel and from the Home Office Modern Slavery Unit for facilitating the consultation with experts with lived experience. The Foundation is grateful to the trusts and research bodies who have supported our work this year, including:

National Lottery Community Fund Samworth Foundation Commonweal Housing Feigenbaum Nii Foundation The Evan Cornish Foundation Modern Slavery Policy and Evidence Centre (MS PEC) University of Nottingham Rights Lab The Vandervell Foundation William Whyte Tait Charitable Trust Marsh Charitable Trust

Page 8

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

b. Reserves policy

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

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: Rt Hon Lord Randall of Uxbridge Kt. PC (Chairman) Anthony Steen CBE (Chairman Emeritus) – resigned in November Rt Hon Baroness Elizabeth Butler Sloss GBE (Deputy- Chairman) Lord Coaker of Gedling Rt Hon Dame Karen Bradley MP Paul Jackson (Treasurer) Lord Richard Harrington

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 usually meet three times a year but met twice in 2024 due to illness. 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 2024, the Foundation’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 9

HUMAN TRAFFICKING FOUNDATION {A Company Limited by Guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Statement of Trustees. rasponsibilities The TrLtstees (who are also the directors of the Charity for the purposes of company law) are responsib18 for preparing the Trustees, Report including the Strategic Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements 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 state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for thai period. In preparing these financial statements, the Trustees are required to: select suitable accounting policies and then apply them consistently., obseNe the methods and principles of the Charities SORP (FRS 102)- make judgements and accounting estimates that are reasonable and prudent. state whether applicable UK Accounting Standards {FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charitys transactions and disclose with reasonable accuracy at any time the financial position of the Charty 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 Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and sign@d on their behalf by: Paul Jackson Treasurer Date: ILl6ffj Page 10

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

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 2024.

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: 23-06-25 Martin Bailey FCA Goodman Jones LLP 1st Floor Arthur Stanley House 40-50 Tottenham Street London W1T 4RN

Page 11

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2024

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
2024
£
84,504
219
84,723
99,057
99,057
(14,334)
80,746
(14,334)
66,412		 Restricted
funds
2024
£
135,230
-
135,230
120,021
120,021
15,209
8,635
15,209
23,844		 Total
funds
2024
£
219,734
219
219,953
219,078
219,078
875
89,381
875
90,256		 Total
funds
2023
£
170,790
172
170,962
207,853
207,853
(36,891)
126,272
(36,891)
89,381

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

The notes on pages 15 to 28 form part of these financial statements.

Page 12

HUMAN TRAFFICKING FOUNDATION IA Company Limited by Guarantee) REGISTERED NUMBER: 07121887 BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Nota Flxed assets Tangible assets 10 276 276 Current assets Debtors Cash at bank and in hand 11 2,299 152,718 10,205 142,344 155,017 152, 549 Current Ilablllties Creditors.. amounts falling due within one year 12 {65,7091 (63,444) Net current assets 89,308 89, 105 Total assets less current Ilabllitles 90,256 89,381 Total net assets 90,256 89,381 Charlty funds Restricted funds Unrestricted funds 13 13 23,844 66,412 8, 635 80, 746 Total funds 90,256 89,381 The Charity was entitled to exemption from audit under section 477 of the Companies Act 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 2006. The Trustees acknowledge their responsibilities for complying with the requirernents of the Act with respect to accounting records and prep£ration of financial statements. The financial statements have been prepared in accordance with the prowsions applicable to entities subject to the small companies regime. Page 13

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2024

Date: 12/06/2025

The notes on pages 15 to 28 form part of these financial statements.

Page 14

HUMAN TRAFFICKING FOUNDATION (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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 15

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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 16

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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 17

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

2. 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

Unrestricted
funds
2024
£
Donations
55,912
Grants
28,592
84,504
Total 2023
98,484		 Restricted
funds
2024
£
12,039
123,191
135,230
72,306		 Total
funds
2024
£
67,951
151,783
219,734
170,790		 Total
funds
2023
£
79,914
90,876
170,790

Page 18

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

5. Investment income

Unrestricted
funds
2024
£
Investment income
219
Total 2023
172		 Total
funds
2024
£
219
172		 Total
funds
2023
£
172

6. Analysis of expenditure by activities

Shaping policy
Total 2023		 Activities
undertaken
directly
2024
£
164,221
155,290		 Grant
funding of
activities
2024
£
5,586
4,714		 Support
costs
2024
£
49,271
47,849		 Total
funds
2024
£
219,078
207,853		 Total
funds
2023
£
207,853

Page 19

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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
Total 2023		 Shaping
policy
2024
£
128,618
4,267
18,463
-
113
12,760
164,221
155,290		 Total
funds
2024
£
128,618
4,267
18,463
-
113
12,760
164,221
155,290		 Total
funds
2023
£
127,880
4,609
3,316
480
770
18,235
155,290

Page 20

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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 2023		 Shaping
policy
2024
£
94
28,028
1,084
10,888
172
468
2,494
726
697
4,554
66
49,271
47,849		 Total
funds
2024
£
94
28,028
1,084
10,888
172
468
2,494
726
697
4,554
66
49,271
47,849		 Total
funds
2023
£
855
24,769
1,086
10,855
160
231
2,592
1,409
937
4,414
541
47,849

7. Analysis of grants payable

Victim fund
Total 2023		 Grants to
Institutions
2024
£
5,586
4,714		 Total
funds
2024
£
5,586
4,714		 Total
funds
2023
£
4,714

Page 21

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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

Unrestricted
funds
2024
£
Shaping policy
99,057
Total 2023
136,549		 Restricted
funds
2024
£
120,021
71,304		 Total
2024
£
219,078
207,853		 Total
2023
£
207,853

9. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2024
£
114,737
7,176
6,705
128,618		 2023
£
115,553
6,655
5,672
127,880

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

2024 2023
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 22

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

10. Tangible fixed assets

Cost or valuation
At 1 January 2024
Additions
At 31 December 2024
Depreciation
At 1 January 2024
Charge for the year
At 31 December 2024
Net book value
At 31 December 2024
At 31 December 2023
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
1,140
19,202
17,786
468
18,254
948
276
2024
£
924
1,375
-
2,299		 Total
£
22,622
1,140
23,762
22,346
468
22,814
948
276
2023
£
3,138
1,403
5,664
10,205

Page 23

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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
Deferred income at 1 January 2024
Resources deferred during the year
Amounts released from previous periods		 2024
£
1,476
3,698
1,050
1,446
58,039
65,709
2024
£
50,000
50,000
(50,000)
50,000		 2023
£
4,992
3,075
682
225
54,470
63,444
2023
£
-
50,000
-
50,000

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

Page 24

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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
National Lottery
Care Standards
LEAP Police Project
VS25
Total funds		 Balance at 1
January
2024
£
24,158
56,588
80,746
426
5,693
2,516
-
-
-
8,635
89,381		 Income
£
-
84,723
84,723
-
3,136
100,000
3,300
19,755
9,039
135,230
219,953		 Expenditure
£
(89)
(98,968)
(99,057)
(200)
(5,386)
(101,596)
-
(3,800)
(9,039)
(120,021)
(219,078)		 Balance at
31
December
2024
£
24,069
42,343
66,412
226
3,443
920
3,300
15,955
-
23,844
90,256

Page 25

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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
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 26

HUMAN TRAFFICKING FOUNDATION

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

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 27

(A Company Limited by Guarantee)

HUMAN TRAFFICKING FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

14. Analysis of net assets between funds

Analysis of net assets between funds - current period

Unrestricted
funds
2024
£
Tangible fixed assets
948
Current assets
81,173
Creditors due within one year
(15,709)
Total
66,412		 Restricted
funds
2024
£
-
73,844
(50,000)
23,844		 Total
funds
2024
£
948
155,017
(65,709)
90,256

Analysis of net assets between funds - prior period

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2023
£
276
143,914
(63,444)
80,746		 Restricted
funds
2023
£
-
8,635
-
8,635		 Total
funds
2023
£
276
152,549
(63,444)
89,381

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 £6,705 (2023: £5,672). Contributions totalling £1,050 (2023: £682) were to the fund at the balance sheet date and are included in creditors.

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 - £30 (2023: £24)

During the year, a donation totalling £nil (2023: £100) was received from a trustee. No restrictions or conditions were attached to this donation.

Page 28