2024-03-31-accounts

Registered number: 6816297 Charity number: 1135407

BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE (A company limited by guarantee)

UNAUDITED TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

Contents

Legal and Administratve Informaton	3
Trustees’ Report	4
Independent examiner’s report	11
Statement of fnancial actvites	12
Balance sheet	13
Cash fow statement	14
Notes to the fnancial statements	15

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

LEGAL AND ADMINISTRATIVE DETAILS FOR YEAR ENDED 31 March 2024

Company Registraton Number	6816297
Charity Number	1135407
Start of fnancial year	01 April 2023
End of fnancial year	31 March 2024
Trustees	Claire Helman (Chair) (Resigned 13 February 2024)
	Felicity Dirmeik (Chair)
	Dr John Clark
	Gill Martn
	Otman Charaf (appointed 24 January 2024)
	Herman Oto
	Holly Hemming
	Enla Fees
	Dr Elspeth Carruthers
	Souzete Mutombo
	Dr Eithne Nightngale
	Anthony Jafa (appointed 7 July 2023)
Company Secretary	Sheila Melzak
Executve Director	Sheila Melzak
Registered address	6 Manor Gardens
	London
	N7 6LA
Bankers	Co-operatve Bank
	1 Islington High Street
	London N1 9TR
Independent Examiners	Grifn Chartered Accountants
	Courtenay House
	Pynes Hill
	Exeter
	EX2 5AZ

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

Trustees report for the year ended 31 March 2023

The Trustees present their annual report together with the financial statements of the Baobab Centre for Young Survivors in Exile (Baobab) for the 1[st] April 2023 to 31[st] March 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).

Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Objectives and Activities

The charitable objects of Baobab are:

• The relief of children and young people who have suffered violence and are asylum seekers and refugees in Europe, in particular by the provision of individual and group psychotherapy, counselling and practical support.

• To advance education and learning in the circumstances of children and young people who have suffered violence in their home countries and who are asylum seekers and refugees in Europe, in particular by undertaking research and publishing the useful results thereof.

Our long term aims are;

• The rehabilitation and return to the path of progressive development for each young person in our community via membership of our community and involved participation in individual and group psychotherapeutic work, various activity based groups, casework and social work and community activities and events and in decision making within the organization and advocacy in relation to the needs and rights of young asylum seekers.

• Working towards justice for our population by advocating both for our whole population and all the unaccompanied asylum- seeking minors who do not access our services directly but who have had similar experiences to our community members.

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)'

In order to achieve the first of these aims we undertake the following activities:

• Careful Assessment of each referral

• Individual Psychotherapeutic work;

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

• Group Psychotherapeutic work;

• Arts and sports group based activities;

• Therapeutic Retreats;

• The provision of community life (including participation in discussions about the community and decision making);

• Casework support, increasing access services including when necessary ‘care’, housing, benefits, education and health care; and

• Producing Specialist Clinical Reports, working closely with legal representatives in order to support asylum applications and when young people have asylum, working closely with lawyers producing reports and to support housing, community care and public law challenges in the best interests of young asylum seekers and refugees.

To further our work towards justice we carry out;

• Research and advocacy; and

• Teaching and Training.

Baobab’s work is necessarily both direct support of the individuals in our community and advocacy around the issues our community members face. We provide intensive, unlimited holistic support, the key elements of which are individual psychotherapy, group psychotherapy and casework. The work done in individual psychotherapy is complemented by casework support, group psychotherapy, group activities, support through the asylum-seeking process and the provision of a transitional community. Our aim is to give them an awareness of themselves and their functioning, to give them a greater awareness of their relationships with one another, and a greater awareness of their community through our community meetings, our shared work and consultation, and our retreats. Through these several layers, progressive development slowly takes place after the massive loss and massive psychic traumatisation of child and adolescent specific human rights abuses.

Alongside this work, and in conversation with our community members, we advocate for their rights, and the rights of all those in their position. This includes running training, sharing our expertise on best practice, engaging with civil servants in the Home Office, speaking with MPs and Members of the House of Lords, and contributing to sector wide conversations with the aim of changing policy and practice. We work closely with other organizations with similar concerns.

In order to deliver against our aims, in addition to our superb staff team, we are also reliant on the support of volunteers. We currently have 19 volunteers who work across the organisation. These volunteers include; Clinicians, Caseworkers and Social Workers, Teachers, and Administrators.

Achievements and Performance

The young people in Baobab’s community have experienced some of the worst things humans can do to each other. We refer to these as child and adolescent specific human rights abuses i.e. abuses perpetrated during the childhood and adolescent years by perpetrators both within and mostly outside the young person’s family. They have all experienced and witnessed human rights abuses. Many have been trafficked, incarcerated, forcibly recruited into government and rebel armies, and experienced violence to their own bodies. Many have witnessed violence against their own families and all have experienced loss of key attachment figures and familiar environment. As a direct consequence of these experiences i.e. of trauma and loss and unplanned change, all suffer complex mental health and developmental difficulties and symptoms.

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

In addition, as a result of their experiences all of the young people Baobab supports arrived in the UK as unaccompanied asylum-seeking minors. The majority of the young people Baobab supports come from twenty one different countries the largest numbers coming from, Afghanistan, Eritrea and, Ethiopia. These are countries where the civilian populations have been subject to ongoing violence and where individuals, including children, are persecuted, conscripted into insurgent groups and attacked.

In total over the last financial year 2023/2024, Baobab has supported 75 young people. We have provided weekly individual therapy to 72 young people and group therapy to 24 young people. During the year we had 14 young people joining Baobab, and 15 young people who have stopped having regular psychotherapy with us. 46% of those Baobab supports have attended for over 5 years, which is reflective of the fact that many asylum claims can take several years to resolve.

During the year, we again ran residential retreats. In total we accompanied 16 young people to two separate rural settings. Undertaking the residentials in quiet settings, alongside nature gives the young people space and time to reflect. During the residential we undertake workshops which helps the young people to find their voice, and to learn to express their views. The young people we work with all have had experiences that have led them to mistrust, and be suspicious of close relationships and the residentials assist our young people with learning to trust others, to share and co-operate.

Each year we contract for an independent evaluation to be carried out, with the aims of understanding service user needs and experiences and assessing the perceived service impact. This is carried out through a questionnaire, answered during a structured interview process, with translators in attendance where appropriate. All findings are anonymised. The findings for 2023/24 show that participants experience significant and prolonged mental health and psychosocial difficulties, coupled with low levels of resilience. Whilst many participants reported that they did not feel they belonged in the UK, 84% felt they “belonged” to Baobab.

It is our intention to implement recommendations from the evaluation report in order to continue to improve our services. These recommendations include having a larger group of participants; taking a longer period of time to recruit participants and developing shorter questionnaires to encourage young people to participate earlier in their time at Baobab.

Financial review

Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

Reserves policy

Our Reserves Policy is carefully considered and reviewed on a regular basis. Baobab receives no statutory funding and is reliant on the generosity of grant givers, and the public in order to provide its services. With limited exception, financial commitments to Baobab tend to be short term in duration, and as such income streams are variable across each year.

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

The Trustees have set a reserves policy which requires that reserves be maintained at, at least a level which ensures that the Baobab Centre's core activity can continue during a period of unforeseen difficulty. The Trustees are to hold the charity's reserves at a level which is at least equivalent to six months reduced operational expenditure, currently considered to be £302,510. We also have a commitment to ensuring that we maintain restricted funds at any given point during the year at the level necessary to fulfil the conditions of any grant and the expectations of any funder. Where funding has been received, we guarantee the use of the funds will be spread over the full period of the grant agreement and thereby fulfil any commitment we have made to the funder.

Baobab seeks to hold a reserve that at least meets this minimum position in order;

• To manage risk and buffer unexpected falls in income, allowing time to replace lost income or develop a response to the change;

• To allow the taking of opportunities which may arise; and

• To ensure that the charity can meet its legal obligations in the event of closing down.

The calculation of the required level of reserves is an integral part of Baobab's planning, budgeting and forecasting cycle. It takes into accounts the risks associated with each stream of income and expenditure varying from budget, planned activity level and future commitments.

When unrestricted reserves are low we will manage income shortages by controlling expenditure and will retain in the reserve sufficient funds to meet our legal obligations in the event of closure. On 31st March 2024 the amount carried forward as unrestricted reserves was £545,746. The restricted level of funds carried forward was £174,974 and the level of free reserves held at the year end was £511,464. We have therefore exceeded our targeted free reserve level.

Principal risks and uncertainties

The Trustees regularly review the major risks to which the charity is exposed and systems have been established to mitigate those risks. The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Our 2024/25 budget indicates that we have a funding gap of just over £393,694. The lack of recurrent funding for Baobab means that it is usual for Baobab to have a funding shortfall at the start of each year and as always, we seek to reduce this funding gap during the course of the year. Whilst we are taking a prudent approach, we continue to remain positive that Baobab will successfully navigate the financial challenges, thanks to the generous support of all our funders and the great work of the staff team.

Review of 2024

The Statement of Financial Activities shows total income received for the year to 31 March 2024 of £729,693; (2023 £671,174) with total expenditure for the year of £618,614 (2023 - £527,838), to generate a surplus of £111,079 (2023 - £143,336). The charity began the year with reserves of £609,641 and ended the year with reserves of £720,720, of which £174,974 (2023 - £176,790) was restricted and £545,746 (2023 - £432,851) was unrestricted, including £34,282 of designated reserves (2023 £19,528).

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

With thanks for support from;

AB Charitable AKO Ben and Jerry’s Children in Need City Bridge Trust Crucible Foundation Garfield Weston foundation HT and LB Cadbury Charitable Trust Iguano Trust London Community Foundation Lucille Foundation Human Rights Aid Orange Tree Trust Peter Stebbings Memorial Charity Stanley Thomas Johnson Foundation The Blue Thread The Bromley Trust The Henry Smith Charity The Leathersellers’ Foundation The Linbury Trust The Lloyds Bank Foundation The Mrs Smith and Mount Trust The Rayne Foundation The Reel Fund The Roddick Foundation The Samworth Foundation The Tudor Trust

As well as other generous funders who wish to remain anonymous.

Risk Management

The Directors have reviewed the risks to which the charity is exposed and have ensured appropriate controls are in place to provide reasonable assurance against fraud and error.

Plans for Future periods

The focus for Baobab is to continue to support as many young people as possible for as long as we are able to. In order to ensure continued financial stability during these challenging economic times we are focused on ensuring that we can obtain multi year grants that support our core work, which will allow our management team to focus on delivery.

Structure, Governance and Management

Baobab is registered as Charitable Company Limited by Guarantee. The management of the Company is the responsibility of the Trustees. Trustees are appointed to Baobab following a review of existing skill sets to ensure that the Board has the requisite skills, experience and community knowledge to support the staff of the organization in their different roles. Prospective Trustees may be identified through personal contacts or events, such as The Big Alliance’s Boardmatch. All Trustees are formally

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

interviewed prior to appointment by senior staff and by at least three trustees. Once appointed, Trustees are inducted through meetings with senior staff and fellow Trustees. All Trustees are provided with two mentors, the Director and one Trustee, and encouraged to attend Baobab community meetings and other community events where they can meet with staff and young people and discuss their relevant areas of responsibility such as safeguarding, community development, human rights law or fund raising.

The Trustees are responsible for recruiting and appointing the senior staff within the Charity (and the professionally relevant trustee will attend interviews with the director and senior staff), and for setting the pay for each year. The Director is responsible for the day to day management of the Baobab Centre and its activities and the onus is on her to be aware of all staff and young people and engage with each directly and through delegation e.g. of assessments and supervision tasks.

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

Statement of Trustees' responsibilities

The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' 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 Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles of the Charities SORP (FRS 102);

• make judgments 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 Company will continue in business.

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the fi564nancial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company 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 signed on their behalf by:

F Dirmeik (Chair of Trustees) Date: 12/18/2024

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

Independent Examiner’s Report to the Trustees

Year ended 31 March 2024

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2024.

Responsibilities and Basis of Report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

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

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

I 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. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

…………………………………………… Pp

Laura Waycott FCA

Griffin Chartered Accountants Courtenay House Pynes Hill Exeter EX2 5AZ

19/12/24

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

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

Note Income from: Donations & Legacies 4 Charitable Activities 5 Other trading activities 6 Investments 7 Total Income Expenditure on: Raising Funds 8 Charitable activities 9 Other Expenditure 10 Total Expenditure NET INCOME/EXPENDITURE Total funds brought forward TOTAL FUNDS CARRIED FORWARD	Restricted funds Unrestricted funds Total funds 2024 2024 2024 £ £ £ 345,360 383,690 729,050 - - - - 494 494 - 149 149 345,360 384,333 729,693 30,617 9,313 39,930 316,559 262,125 578,684 - - - 347,176 271,438 618,614 (1,816) 112,895 111,079 176,790 432,851 609,641 174,974 545,746 720,720	Total funds 2023 £ 667,654 2,797 617 106
		671,174
		34,303 490,634 2,900
		527,838
		143,336 466,305
		609,641

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

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

Baobab Centre for Young Survivors in Exile (A Company Limited by Guarantee) REGISTRATION NUMBER: 6816297 BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2024

		Total	Total
		31-Mar-24	31-Mar-23
	Notes	£	£
FIXED ASSETS
Tangible Assets	1	-	-
CURRENT ASSETS
Debtors and prepayments	16	7,090	8,599
Cash at bank and in hand		735,054	616,092
Total Current Assets		742,144	624,691
CREDITORS: Amounts falling due
within one year	17	21,424	15,050
NET CURRENT ASSETS		720,720	609,641
NET ASSETS		720,720	609,641
REPRESENTED BY:
Unrestricted funds		511,464	413,323
Designated funds		34,282	19,528
Restricted Funds	18	174,974	176,790
		720,720	609,641

For the year ending 31 March 2024 the company is entitled to exemption from audit under Section 477 of the Companies Act 2006. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476, of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

12/18/2024 Approved by the Directors on…………………………………………………….and

Signed on their behalf by…………………………………….Felicity Dirmeik, Chair of Directors

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE

A Company Limited by Guarantee

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024

Cash flows from operating activities Net income/(expenditure) Working capital adjustments (Increase)/ decrease in Dividends, interest and rents from investments (Increase)/ decrease in stocks (Increase)/decrease in debtors Increase/(decrease) in creditors Net cash flows from operating activities Cash flows from investing activities Dividends, interest and rents from investments Purchase/sale of fixed assets Purchase/sale of investments Net cash flows from investing activities Cash flows from financing activities Repayments of borrowing Cash inflows from new borrowing Net cash flows from financing activities Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Analysis of cash and cash equivalents Cash at bank and in hand Total cash and cash equivalents	2024 2023 £ £ 111,079 143,336 (149) (106) - - 1,509 (1,401) 6,374 (482)
	118,813 141,347 149 106 - - - -
	149 106 - - - -
	0 0
	118,962 141,454 616,092 474,638
	735,054 616,092
	2024 2023 £ £ 735,054 616,092
	735,054 616,092

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

Notes to the Financial Statements

1. General information

Baobab Centre for Young Survivors in Exile is a charity, limited by guarantee, incorporated in England and Wales. It does not have share capital and each of the Trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation. The registered office address is 6 Manor Gardens, London, N7 6LA.

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.

Baobab Centre for Young Survivors in Exile 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.

2.2 Income

These are included in the Statement of Financial Activities (SOFA) when:

• the charity becomes entitled to the resources;

• the Directors are virtually certain they will receive the resources; and

• the monetary value can be measured with sufficient reliability

Incoming Resources with related expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.

Grants and Donations

Income from donations and grants, including capital grants, is included in incoming resources when these are receivable, except as follows:

• When donors specify that donations and grants given to the charity must be used in future accounting periods, the income is deferred until those periods.

• When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in incoming resources until the pre-conditions for use have been met.

• When donors specify that donations and grants, including capital grants, are for particular restricted purposes, which do not amount to pre-conditions regarding entitlement, this income is included in incoming resources of restricted funds receivable.

Tax reclaims on Donations and Gifts

Incoming resources from tax reclaims are included in the SOFA in the same financial period as the gift to which they relate.

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

Contractual Income and Performance Related Grants

This is only included in the SOFA once the related goods or services has been delivered.

Grants

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Gifts in Kind

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.

Donated Services and Facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.

Volunteer Help

The value of any voluntary help received is not included in the accounts.

Investment Income

This is included in the accounts when receivable.

Investment gains and losses

This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

2.3 Expenditure and liabilities

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. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

Governance Costs

Includes costs of the preparation and examination of statutory accounts, the costs of the Directors' meetings and cost of any legal advice to Directors on governance or constitutional matters.

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

Grants with performance conditions

Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.

Changes in Accounting policies and previous accounts

There has been no change to the accounting policies (variation rules and methods of accounting) since last year.

Support Costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of the resources, e.g. allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Assets

Tangible fixed assets for use by the charity:

These are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost or, if gifted, at the value to the charity on receipt. The Company has no individual assets costing more than £1,000.

All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

• Office equipment - 33% Straight-line

2.4 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.

2.5 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.

2.6 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 Company 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,

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.7 Financial instruments

The Company 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.

2.8 Pensions

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

2.9 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 Company 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 Company 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.

3. Critical accounting estimates and areas of judgment

Estimates and judgments 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. They are no estimates and assumptions within these accounts that are considered to be material in nature.

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

4. Income from donations and legacies

Grants Major Individual Donors Donations Gift Aid Tax Recoverable Grants Major Individual Donors Donations Gift Aid Tax Recoverable 5. Income from Charitable activities Individual support Individual support	Restricted funds 2024 £ 341,086 4,274 - - 345,360 Restricted funds 2023 £ 312,581 6,850 - -	Unrestricted funds 2024 £ 275,430 - 107,478 782 383,690 Unrestricted funds 2023 £ 326,915 - 18,961 2,347	Total funds 2024 £ 616,516 4,274 107,478 782
			729,050
			Total funds 2023 £ 639,496 6,850 18,961 2,347
	319,431	348,223	667,654
	Restricted funds 2024 £ - Restricted funds 2023 £	Unrestricted funds 2024 £ - - Unrestricted funds 2023 £ 2,797	Total funds 2024 £ -
			-
			Total funds 2023 £ 2,797
	-	2,797	2,797

20

BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

6. Income from other trading activities

Training Resilience book Training Resilience book 7. Investment Income Interest receivable on bank deposits Interest receivable on bank deposits	Restricted funds 2024 £ - - - Restricted funds 2023 £ - -	Unrestricted funds 2024 £ 300 194 494 Unrestricted funds 2023 £ 360 257	Total funds 2024 £ 300 194
			494
			Total funds 2023 £ 360 257
	-	617	617
	Restricted funds 2024 £ - - Restricted funds 2023 £ -	Unrestricted funds 2024 £ 149 149 Unrestricted funds 2023 £ 106	Total funds 2024 £ 149
			149
			Total funds 2023 £ 106
	-	106	106

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

8. Expenditure on raising funds

Restricted funds 2024 £ Fundraising consultant 6,912 Events - Staff costs 23,705 30,617	Unrestricted funds Total 2024 2024 £ £ 9,053 15,965 - - 260 23,965 9,313 39,930

Fundraising consultant Events Staff costs 9. Analysis of expenditure on charitable activities Summary by fund Indvidual support Wider advocacy Indvidual support Wider advocacy	Restricted funds 2023 £ 7,412 4,165 12,110 23,687 Restricted funds 2024 £ 302,169 14,390 316,559 Restricted funds 2023 £ 300,902 20,394 321,297	Unrestricted funds 2023 £ 8,410 50 2,157 10,617 Unrestricted funds 2024 £ 244,425 17,700 262,125 Unrestricted funds 2023 £ 159,000 10,338 169,338	Total 2023 £
			15,822 4,215 14,267
			34,304
			Total 2024 £ 546,594 32,090
			578,684
			Total 2023 £
			459,901 30,732
			490,633

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

10. Analysis of expenditure on other activities Summary by activity

Resilience Book Resilience Book 11. Analysis of expenditure on charitable activities Summary by expenditure type Indvidual support Wider advocacy Indvidual support Wider advocacy Indvidual support Wider advocacy	Restricted funds 2024 £ - - Restricted funds 2023 £ - - Staff costs 2024 £ 336,262 27,275 363,537 Staff costs 2023 £ 276,596 26,146 302,742 Direct costs 2024 £ 424,070 25,641 449,711	Unrestricted funds 2024 £ - - Unrestricted funds 2023 £ 2,900 2,900 Other costs 2024 £ 210,332 4,815 215,147 Other costs 2023 £ 183,307 4,587 187,894 Support costs 2024 £ 122,524 6,449 128,973	Total 2024 £ -
			-
			Total 2023 £
			2,900
			2,900
			Total 2024 £ 546,594 32,090
			578,684
			Total 2023 £
			459,903 30,733
			490,636
			Total funds 2024 £ 546,594 32,090
			578,684

23

BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

11. Analysis of expenditure on charitable activities (continued)

Indvidual support Wider advocacy Analysis of direct costs Staff costs Direct costs of activities Staff costs Direct costs of activities 12. Analysis of expenditure by activities Analysis of support costs Staff costs Rent ICT costs Insurance Legal and professional Governance Other costs	Direct costs 2023 £ 362,430 25,602 388,032 Indvidual support 2024 £ 264,853 159,217 424,070 Indvidual support 2023 £ 222,694 139,736 362,430 Indvidual support 2024 £ 71,409 10,599 10,985 1,475 3,529 15,829 8,698 122,524	Support costs 2023 £ 97,472 5,131 102,603 Wider advocacy 2024 £ 23,516 2,125 25,641 Wider advocacy 2023 £ 23,309 2,293 25,602 Wider advocacy 2024 £ 3,758 558 578 78 186 833 458 6,449	Total funds 2023 £
			459,902 30,733
			490,635
			Total funds 2024 £ 288,369 161,342
			449,711
			Total funds 2023 £
			246,003 142,029
			388,032
			Total funds 2024 £ 75,167 11,157 11,563 1,553 3,715 16,662 9,156
			128,973

24

BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE

A Company Limited by Guarantee

12. Analysis of expenditure by activities (continued)

Analysis of support costs

Staff costs Rent ICT costs Insurance Legal and professional Governance Other costs	Indvidual support 2023 £ 53,902 9,854 7,563 1,330 3,772 14,694 6,357 97,472	Wider advocacy 2023 £ 2,837 519 398 70 199 773 335 5,130	Total funds 2023 £
			56,739 10,373 7,961 1,400 3,971 15,467 6,692
			102,603

13. Independent Examiner's fee

The fee for the independent examination of the accounts was £1,638 (2023 - £1,560)

14. Staff costs Wages and salaries Social security costs Pension costs - defined contribution scheme	2024 2023 £ £ 356,848 293,789 26,884 21,417 16,913 14,446 400,645 329,652

The average full time equivalent of persons employed by the Company during the year was as follows:

Raising funds Charitable activities Governance	2024 No. 0.8 8.5 0.3 9.6	2023 No. 0.7 6.8 0.3
		7.8

There was no employee whose employee benefits exceeded £60,000 (2023- nil) The key management personnel of the charity consists of the Trustees and the Director. The total employee benefits of the key management personnel is £56,409 (2023-£53,722)

15. Trustees renumeration and expenses

No renumeration or expenses were paid to any Trustee during 2024 (2023-nil)

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BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

16. Debtors

Due within one year	2024 2023 £ £
Prepayments and accrued income	7,090 8,599 7,090 8,599

17. Creditors: Amounts falling due within one year

Trade creditors Other taxation and social security Other creditors Accruals and deferred income	2024 £ 3,126 10,736 1,638 5,924 21,424	2023 £ 3,221 8,399 1,560 1,870
		15,050

26

BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

18. Statement of funds - current year

==> picture [452 x 379] intentionally omitted <==

----- Start of picture text -----
Unrestricted funds Balance at Income Expenditure Transfers Balance at
1st April 2023 in/out 31 Mar 2024
£ £ £ £ £
General funds 413,323 384,333 271,438 (14,754) 511,464
Designated funds 19,528 - - 14,754 34,282
432,851 384,333 271,438 - 545,746
Balance at Income Expenditure Transfers Balance at
1st April 2023 in/out 31 Mar 2024
Restricted funds £ £ £ £ £
Ben and Jerry's - 19,933 12,515 - 7,418
Children in Need 408 - 408 - -
Children in Need Small Grant 9,735 10,000 9,996 - 9,739
Crucible Foundation - 50,000 15,500 - 34,500
City Bridge Trust 11,239 11,250 7,500 - 14,989
David Kogan 2,217 - 2,217 - -
Garfield Weston Foundation - 15,000 15,000 - -
The Henry Smith Charity 8,333 50,000 40,000 - 18,333
Lloyds Bank Foundation 1,191 - 1,191 - -
Linbury Trust 35,000 60,000 88,000 - 7,000
Peter Stebbings Memorial Charity - 5,000 4,500 - 500
Rayne Foundation - 20,000 20,000 - -
Samworth Foundation 50,897 40,000 38,795 - 52,102
Stanley Thomas Johnson Foundation 24,952 43,903 66,717 - 2,138
The Mrs Smith & Mount Trust 10,000 15,000 15,000 - 10,000
The Tudor Trust 2,000 - 2,000 - -
Various Grants above £1,000 - 1,000 - - 1,000
MAJOR DONORS 20,818 4,274 7,837 - 17,255
Total restricted funds 176,790 345,360 347,176 - 174,974
Total of funds 609,641 729,693 618,614 - 720,720
----- End of picture text -----

Baobab is grateful to receive restricted funding, some of which enables support to our community members which otherwise would not be possible, some of which supports development in specific areas of our work such as advocacy, and others contributes to our core work.

• Peter Stebbings Charity and The Mrs Smith & Mount Trust contribute to the cost of our interpreters which are essential to all aspects of our frontline work.

• Children in Need, Lloyds Bank, The Tudor Trust, the Rayne Foundation and Ben and Jerry’s contribute to the salaries of our key staff and interpreters as well as volunteer and project costs.

• The Children in Need Small grant contributes towards our essential overhead costs, including rent.

• • The Samworth Foundation supports Fundraising costs, enabling us to maintain financial and operational stability.

• Garfield Weston Foundation supports psychosocial activities and residential retreats for our community members.

• City Bridge Trust, the Crucible Foundation, The Henry Smith Charity and Linbury Trust all provide restricted funding towards our core activities.

• Stanley Thomas Johnson Foundation support with contributions towards staff salaries predominantly in our psychotherapy team but also funding our clinical administrator post and other central posts.

• The support from David Kogan has enabled us to continue our fund supporting our community members who are destitute or in extreme financial hardship.

27

BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

19. Statement of funds - prior year

Unrestricted funds	Balance at	Income	Expenditure	Transfers	Balance at
	1st April 2022			in/out	31 Mar 2023
	£	£	£	£	£
General funds	250,336	351,743	188,274	(482)	413,323
Designated funds	19,046	-	-	482	19,528
	269,382	351,743	188,274	-	432,851
	Balance at	Income	Expenditure	Transfers	Balance at
	1st April 2022			in/out	31 Mar 2023
Restricted funds	£	£	£	£	£
Ashworth Charitable Trust	-	-	2,000	-	-
The National Lottery Community Fund
Awards For All	8,315	-	8,315	-	-
Children in Need	259	30,658	30,509	-	408
Children in Need Small Grant	10,000	10,000	10,265	-	9,735
City Bridge Trust	11,239	45,000	45,000	-	11,239
David Kogan	8,183	6,000	11,966	-	2,217
Evan Cornish Foundation	3,333	-	3,333	-	-
Garfield Weston Foundation	14,271	-	14,271	-	0
The Henry Smith Charity	-	25,000	16,667	-	8,333
Lloyds Bank Foundation	11,745	-	10,554	-	1,191
Linbury Trust	-	70,000	35,000	-	35,000
Network for Social Change Charitable Trust	6,426	-	6,426	-	-
Peter Stebbings Memorial Charity	1,667	-	1,667	-	-
Samworth Foundation	51,198	40,000	40,301	-	50,897
Stanley Thomas Johnson Foundation	29,964	68,923	73,935	-	24,952
The Mrs Smith & Mount Trust	-	15,000	5,000	-	10,000
The Tudor Trust	-	2,000	-	-	2,000
Unbound Philanthropy	8,333	-	8,333	-	-
MAJOR DONORS	29,990	6,850	16,024	-	20,818
Total restricted funds	196,923	319,431	339,564	-	176,790
Total of funds	466,305	671,174	527,838	-	609,641

28

BAOBAB CENTRE FOR YOUNG SURVIVORS IN EXILE A Company Limited by Guarantee

20. Summary of funds - current year

General Funds Designated Funds Restricted funds Summary of funds - prior year General funds Designated funds Restricted funds	Balance at Income Expenditure Transfers Balance at 1st April 2023 in/out 31 Mar 2024 £ £ £ £ £ 413,323 384,333 271,438 (14,754) 511,464 19,528 - - 14,754 34,282 176,790 345,360 347,176 - 174,974
	609,641 729,693 618,614 0 720,720
	Balance at Income Expenditure Transfers Balance at 1st April 2022 in/out 31 Mar 2023 £ £ £ £ £ 250,336 351,743 188,274 (482) 413,323 19,046 - - 482 19,528 196,923 319,431 339,564 - 176,790
	466,305 671,174 527,838 0 609,641

21. Analysis of net assets between funds

21. Analysis of net assets between funds Analysis of net assets between funds - current year Current assets Creditors due within one year Total Analysis of net assets between funds Analysis of net assets between funds - prior year Current assets Creditors due within one year Total	Restricted Unrestricted Total funds funds funds 2024 2024 2024 £ £ £ 183,185 558,959 742,144 (8,211) (13,213) (21,424)
	174,974 545,746 720,720
	Restricted Unrestricted Total funds funds funds 2023 2023 2023 £ £ £ 184,751 440,120 624,691 (7,781) (7,269) (15,050)
	176,970 432,851 609,641

22. Related party transactions

No related party transactions took place in the period.

29