SOC14L BUSIIE55 NETWORK Char#. 1136364
Legal and Adm**stratrrfe InfomiatM)n Statement of Flnand#l ktbAtIts BalalSheet
SOCIAL BitsMESS NMYORK company •nd 1$ eMed under the Artkles of Assoclèllon. Re813trth J5 a charltywas ¢onllrn)Ed lTrJune 2010. London Unlted Kln8dom IIW89PU 2 Crn Rd London W2 3PY SRB AccounY•ncy Umlted Thg Lowerstablfjs Majn Road tE65HT
The comparfs prlnclpal acrlvlty Is to att as a tharfty. Rwlewoftheyur Fmm 8 prolect pwspecth& Sudal Bu51ne55 Mthork consotedandexP0ftded tts •cthftles: - Toptherwlth IDH. Th• Su5talnJblo Tradlrq Inttlatl¥e, Soclal Buslness Net¥York worked wlth four coco• producln8 . Supportln8 the Unkorsltyof Nottln8lMm'5 CAPE pYDJect re5ear¢h actl¥ltk5 Investl8atln8the Impgd forwrynen and rurnl communities Sn Nloragua of Etlco's uryld work of women Inltlatlve. producer partrt El8on AwofvrestryCoifeeCoopwaiThEEntuprf5e ImEAc and the Wd5h 804emmeni lft Its response to the cllmate emer8enty. through aetMi*s kn U8arKIg. cocoa. honey and nuts. alon851de coffee and sesame. Etlcoalwcontknued It5 devEloprnent admtles •rounOthe Durln8 2024125. the ch•rlt¥ wlll ¢ontlnue to promotethe COOPernt busthe55 fflodel and lad1•t¢ Intematk¥n&l - +an Its¥Tk wlththe cocoa farmefs Inthe Gol) Rtslnfw WestAfrkn on tlxlr 9U$tDlnable.'Forest Frlert - Through the Crity'S3O¢1al buslnem partner. Etlco. there wlll beal1nUed product focus on sesame 01 roffee
SOCIAL BUSINESS NEfwoRK IEothgre5erbw theyorend of £49.543lmade up ofiknre5tythd Funds of£30.347 and RestriLted Fundsof £19.1961. Durkngtheyearthe tharlty malntslned Its reser pollcy.The mth fattors that are taken Into account are the needsto The charfty has revl8w•dthe rlsks In¥ol¥ad In Itsacilvltles.Th• trust445 #rn satl$fi8d th•tth•y put Ib) pla¢e approprl•te5ffls¥nd me4¥uresto mltththe*flsk the Board who are known or recommended to as srtn8 the CrItIS value5 and abl• to contrlbut¢ approprl¥te skllls or exper$¢. the year. In preparlng tlnandal statements. thetrustees are requlred to: - SeleLt sultable accountlng pollde5 andthen apptythem conslstefitlv: cortlnue kn operatlon. Th15 report hjs been prep•red In ac£ordance wlth thespechl pro¥lslon of Part 15 of the CompanlosArt 2006 relJtln8to DKan White Chaflty 1136364
The trustees Iwho are Dl?othe directors of the companyfijr the purpDSS of compjny lawl Jre re5poTh)Ibiefor the preparatlon of the accounts. Thetrustees conslderthat an autht Is requ11 forthbyeor under sertlon 14412) oltht ?¥amlnethe accounts under sectlon 145 of the 2011Act; - to followthe procedures lald down Inthe pneral DlreLtlon5ts tythe aMrlty Comm1551on unthr sectlon Iq5Mb)ofthe 2011Prtaxl My •xamlnatlon was c•rrf out In accordanc• wlth th• gener41 txrrftions 814n by the Chartty Comm15sh)n. An eMmlA#tlon ]rude5 a revlEW of the accountlng reconlskept ty the charjty énd a comparfson of the accounts - to prepare a¢wints whlth a¢¢onl T*411h the ar(owrtlnB C0$. romplyvhth the a(£ountln8 1vITements of sectlon 3% ofthe Companles Aci 21J06and wth the method$and prIlpIeS ofthe Statement of RKommended Mlehael el Mail Pthd Sudbury DE6 5HT rf.luS/,,
SOCIAL BU51NE55 NEfwoRK YeareThJed 31 Marth 2023 IncomlnB Rewurrns J3.751 Resourw E¥•Ad•d 27.701 Govem•rKe costs 179 N•t InLY•nlry/loibt•¥lni) vewu 20A82 2,211 961 2&750 Fund b•l•nwarrl•d fqTh•rd •t 31 M•rth 2024 19,196 49J43 28.961 Therè werè no reco]Sd 8akns or losw for th8 Yr•ndId 31 M*r¢h 2024 oth•rth•n thom Induded In the st•tem•nt of Fknarbckl Adlvltle5.
5(MJAL BlNESs IIEIW &761 ethtots: amounts fallln8due wlthln ono &fA2 L790 47.7J9 27,137 9>7 6yJ7 one year Restrleted fund5 ,196 21,696 The comyny Is entltted to the exemptlon from audlt uThlersertIt 477lllof the companlesAct 2006 foTthe year er&led 31 Marth 20 The dlrertorsacknowled8ethelr re5ponslbllltle5 for., requlremerts of the Companles Act I[ rel*inuto flnanthl sMeM, sofaras applkableto the cofflpxny. The accounts have been prered In accon1ce wlth the speclal prls1On5 of Part 15 of the Companles Act 2006 Duncan Whlte
The StateMls1O¥e been pepared underthe hlstorfcal cort corThertlon and In #cwrdaTrW1th the Statementof Recommended Practice"Accountlng& Reporting bycharltles {SORP 20051".JpplIcab UK accountln8 13 Resourees expended Includeattrfbutable VATwhlch Cann be recovered. All other funds are unrestrfct•d Incornefvn The funds hekl In of thtte CWOTles •re dlsdowl In nat• Ioto Toi•l Total Interest recelthle Exthange r*e galn 348
ccYtsUanCy 17.182 17,704 10.974 10.974 179 179 695 I trustee (Albert Tucker) recel%d remuneratlon for spttSallst pmJe¢t consukanty undertaken on behalf of the ccmpanydurfther. anKnIl10£15 (20U" £3J £1,450 and £6.9371. Thls loan has been made tythe trustee•s B'soft-loan.. only repryable If and vthenthe charfty thoosesto and Is ableto repay. and h15 been done so to 5UPPOrtthe tharSty durln8 fts development. The wmpany holds. In tru$L £761 of ordlnJry share cryttal In SCoThe Ethlcal Tradln8 and InStment Company tsd. 5.96%ofthe Ordlnaryshre apttal of Uberlryb. ilberthn Foods ac is a social enterise company, whlch is owned by a mix of 5rnallholder nut producers and rnlsslon drl¥Tn socWI enterpr15e5 and charitie4 some ofwhich are
KIAL BUSINESS NEIWORK Trade debtors 2023 TJItOr5 L790 9. Sh•rnc•pitsl Ith AMIW¥ olChrtsbl¢ Bd•nc•rt In(oml FU•t GenerJl Fund 23U Klrtherton AgrtrforertrySierTa Leone Fund Nkurw Solklarlty Campaw. Comm5 ProJe(t s(D (2x) Ourin8the yearthe dmrfry MaIntah Irs admInIstrat••y project functlon- Supportln8¢onsull•KywTktO to a dMlopment pro8rnmme. funded by IDH, The sustslnableTradtrg Inltlathve, ththlch wwked wlth four cocoa produ¢ln8 researth wolettarnlcontlnued n¥MllorfTrdthe aLthltsof Ellco, ltslnvestmert and sochl l)uslnes5tTrde pwtnerwKI also of Lilmtion Foods CIQ which il hès a shareholdin8 in. li-
SOCIAL BU51NES5 NEfWORK RogelFo VIarrew froTh the c4ynmunltyofEISontule. The lrtentlon ofthe ftmd Isto supportarnloBY artfv4lties in El Sortule. Dyrln8 th¢yeJrtho ch4rlty utlllsqd thefinal funthretshwd from KIMerton CIN>col•t• Comyny. 4WOrtln81ts Ktlvlt1•5 around the Goja rthforesL Tol•l CJsh at bJnk •nd In hand Oebtors .196 49361