SOC14L BUSIIE55 NETWORK
Char￿#￿. 1136364

Legal and Adm**stratrrfe InfomiatM)n
Statement of Flnand#l ktbAtIts
Balal￿Sheet

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 Cr￿n 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 conso￿tedandexP0ftded 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 part￿r￿t 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 C￿rity'S3O¢1al buslnem partner. Etlco. there wlll beal￿￿1nUed 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$fi8d th•tth•y put Ib) pla¢e
approprl•te5￿ffls¥nd me4¥uresto mlt*ththe*flsk
the Board who are known or recommended to as s￿rtn8 the C￿rItIS value5 and abl• to contrlbut¢ approprl¥te
skllls or exper￿$¢.
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
D￿Kan White
Chaflty 1136364

The trustees Iwho are Dl?othe directors of the companyfijr the purpDS*S 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 814*n by the Chartty Comm15sh)n. An
eMmlA#tlon ]r￿ude5 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 prI￿lpIeS 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￿]S￿d 8akns or losw for th8 Y￿r•ndId 31 M*r¢h 2024 oth•rth•n thom Induded In the st•tem•nt
of Fknarbckl Adlvltle5.

5(MJAL B￿lNESs 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 pre￿red In accon1￿ce wlth the speclal pr￿ls1On5 of Part 15 of the Companles Act 2006
Duncan Whlte

The StateM￿ls1O¥e been pepared underthe hlstorfcal cort corThertlon and In #cwrdaTr￿W1th 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

ccYtsU￿anCy
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
ccmpanydurf￿the￿r. anK￿nIl￿10£1￿5 (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 In￿Stment Company tsd.
5.96%ofthe Ordlnaryshre apttal of Uber*lryb. ilberthn Foods ac is a social ente￿rise 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
T￿￿￿￿JItOr5
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•Kyw￿TktO 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