**Company Registration No. 06458814 (England and Wales) Charity Registration No. 1138101** # **OPERATION NOAH** ## **DIRECTORS’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2024** **22/09/2025** Page **1** of **7** ON Directors' Report 2024 - FINAL ## **OPERATION NOAH** ## **COMPANY INFORMATION** Operation Noah is a Charitable Company Limited by Guarantee and a Charity Registered in England & Wales. Its primary Governing Document is the Articles of Association. |**Directors**|Revd Dr Darrell Hannah| |---|---| ||Mr David Miller| ||Revd Dr Martin Poulsom| ||Mr Kevin Shang (until September 2024)| ||Mr Cameron Conant| ||Ms Rachie Elizabeth Ross (until September 2025)| ||Ms Shilpita Mathews| ||Ms Stephanie Lake| ||Revd Dr Hannah Malcolm| ||Mr Michael Oliver| ||Ms Lisa (Rebecca) Warren| ||Mrs Sarah Komashko (from March 2024 to October 2025)| ||Mrs Rebecca MacDonald (from March 2024)| ||Mr John Evans (from September 2024)| ||Mr Matthew King (from April 2025)| |**Secretary**|Mr David Miller| |**Company number**|06458814| |**Charity number**|1138101| |**Registered office**|Romero House| ||55 Westminster Bridge Road| ||London| ||SE1 7JB| |**Independent Examiner**|Mr Malcolm W Rogers| ||CEng, FBCS, FIC, ACIE| |**Bankers**|The Co-operative Bank| **22/09/2025** Page **2** of **7** ON Directors' Report 2024 - FINAL ## **OPERATION NOAH** ## **A Company limited by guarantee** ## **DIRECTORS’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2024** The Directors, who are also the trustees of the Charity, present their report and financial statements for the year ended 31 December 2024. ## **Objects of the Company** The object of the Charity is to promote the conservation, protection and improvement of the physical and natural environment particularly with regards to climate change and global warming, in accordance with Christian principles. ## **Public benefit** In planning activities for the year, the board of Directors confirm that they have given due regard to the Charity Commission’s legislative and regularity requirements to comply with Section 17 of the Charities Act 2011. This report outlines how our achievements during the year have benefited the public. ## **Summary of Financial Position for the Year and at 31st December 2024** The Charity’s income in 2024 was £228,889 (£157,316 in 2023), and the expenditure was £200,966 (£174,201 in 2023), giving a 2024 surplus of £27,933 (£16,885 deficit in 2023). ## **Summary of SOFA for 2024 (2023)** **----- Start of picture text -----**
Total
Unrestricted Total Total
Restricted
Funds 2024 2023
Funds
£ £ £ £
INCOME
Donations 35,083 35,083 15,288
Gift Aid, claimed directly plus amount passed on by Stewardship 3,098 3,098 2,135
Grants 184,643 184,643 136,112
Primary-purpose Trading 471 471 1,124
Conference ticket sales 1,047
Interest 1,131 4,473 5,604 1,610
Other income
Total Receipts 39,783 189,116 228,899 157,316
EXPENDITURE
Charitable Activities 7,301 142,588 149,890 143,248
Cost of Raising Funds 394 19,381 19,775 938
Governance Costs 1,855 1,855 1,381
Other Support Costs 12,049 17,397 29,446 28,634
Total Expenditure 21,600 179,366 200,966 174,201
Surplus/(Deficit) 18,183 9,750 27,933 (16,885)
**----- End of picture text -----**
**22/09/2025** Page **3** of **7** ON Directors' Report 2024 - FINAL ## **Assets and Liabilities** The Charity’s net assets increased by £52,933 during financial year 2024, thus: **----- Start of picture text -----**
Current Assets 2024 2023
Cash at Bank and in hand 107,555 193,587
Debtors 3,019 1,592
Creditors (31,041) (143,579)
Total assets less current liabilities 79,533 51,600
**----- End of picture text -----**
The Creditors at the end of 2024 include the sum of £25,000 deferred income. This was grant income received in the second half of 2024, but not spent in that year due to under-budget spending on staff costs caused by the time taken to fill vacancies. The Restricted and Unrestricted funds increased by a total of £52,933. All fund balances were positive as at 31st December 2024. |1st December 2024.|||||| |---|---|---|---|---|---| ||**Closing Balance**
**31-12-23**|**Income**|**Expenditure**|**Surplus/**
**(Deficit)**|**Closing Balance**
**31-12-24**| |**Total Restricted Funds**|**21,568**|**189,116**|**179,366**|**9,750**|**31,318**| |**Unrestricted Funds**|**30,032**|**39,783**|**21,600**|**18,183**|**48,215**| |**Grand Total**|**51,600**|**228,899**|**200,966**|**27,933**|**79,533**| ## **Reserves** The aim of the charity’s Reserves Policy is to safeguard the charity’s activities in the event of a sudden drop in income and to provide the means to fund new opportunities that may arise, where grant funding may not be available on the timescale required. Unrestricted Funds increased substantially during 2024, to £48k, as the charity marked 20 years of existence with a celebratory service in November and a fundraising appeal which generated £13k, with donations coming mostly from individual supporters, but also a few from churches and one large donation from a Catholic Order. Trustees agreed to create a Designated Projects Fund for these donations, to help finance the existing Bright Now project in the event of insufficient grants materialising in 2025, and also to support initial work on new projects being planned. After three years of significant grant funding from a single source for the years 2022-2024, a professional fundraiser was recruited to source funds from multiple grant providers to cover Restricted fund expenditure for 2025. Trustees agreed that because the Bright Now project annual costs are nearly 10 times the core costs of running the charity, it is prudent to hold unrestricted reserves which cover well over a year’s core expenditure. The next edition of the Reserves Policy will be re-worded to reflect this. All fund balances were positive at the end of 2024 and the trustees are confident that the charity remains a going concern, with grants promised by the end of 2024 to cover approx. 90% of 2025 budgeted expenditure. ## **Governance** The charity continues to operate according to the Governing Document adopted in 2020. Minor amendments to those articles, to remove sexist wording, were agreed in 2023. Each of the charity’s policies is now assigned to a trustee, or group of trustees, and all are reviewed annually at the spring meeting. **22/09/2025** Page **4** of **7** ON Directors' Report 2024 - FINAL In 2024 this included some extra HR policies, written by a new trustee, Sarah Komashko, who has extensive HR experience and expertise, and a staff handbook has also been produced. Furthermore, all the staff contracts and service agreements with contractors have been revised in line with current legislation and requirements. ## **Risk assessment** A small group of trustees is now responsible for updating the risk register. A particular focus in 2024 has been the subject of cyber-security. Following advice from an external consultant, further steps have been taken during the year to increase our level of digital security. ## **Chair’s Report – 2024** 2024 has been a year of celebra�on for Opera�on Noah—celebra�on of past and recent successes in our 20[th] anniversary year. However, we also used these successes and celebra�ons as a springboard for future work. The year saw our Bright Now divestment campaign more or less wound up, as well as the expansion of our land use and investment campaigns. The campaign team has remained at the same strength of three full-�me employees and one part �me, although there has been one change in personnel (see below). The board con�nues to meet via Zoom for most our mee�ngs, but twice a year in person with others joining via Zoom (i.e., a hybrid mee�ng). The staff con�nue to work both remotely and in the office in Romero House. In **February** , the General Synod of the Church of England adopted a mo�on on Land and Nature, which raised the profile of biodiversity within the Church. We had worked with others, behind the scenes, to support this mo�on as it progressed to General Synod. Also in February, and overlapping with the General Synod, Opera�on Noah par�cipated in a 10-day prayer vigil outside the Houses of Parliament. In this prayer vigil, en�tled “No Faith in Fossil Fuels,” we partnered with, among others, Chris�an Aid, CAFOD, Tearfund and Chris�an Climate Ac�on. While this ac�on was mainly centred at Parliament, we also prayed outside of oil company headquarters, Church House, and Lambeth Palace. **March** and **April** saw the launch of the Big Bank Switch campaign, in which Opera�on Noah partnered with two other organisa�ons, JustLove and the JustMoney Movement, in asking Chris�ans to move from high street banks, who finance oil and gas explora�on and development projects, to an ethical UK bank, which doesn’t. A cri�cal part of the campaign was Switch It Sunday (21[st] April). We encouraged churches to hold services on this Sunday in which their members could be introduced to the campaign and helped to make the switch. In **May** the Sheila McKechnie Founda�on granted Opera�on Noah its pres�gious ‘Campaign of the Year’ award at their annual award ceremony. This award recognised the success of our Bright Now campaign in convincing UK denomina�ons to take their money out of fossil fuel companies. As we reported last year, with the divestment of the Na�onal Inves�ng Bodies of the Church of England in the summer of 2023, every major Chris�an denomina�on in the UK has publicly ceased to invest in fossil fuels, except the Roman Catholic Church in England and Wales. We are grateful to individual Chris�ans and Chris�an organisa�ons across the UK who have supported our call on the Churches to divest and have added their voices to ours. To encourage Churches to invest in climate solu�ons—an obvious next step a�er dives�ng—in **June** we launched our Green Investment Declara�on. This declara�on both encourages posi�ve Church investments as well as encourages Church leaders to speak up about the need for more private and public finance in this area. In **June** Campaign Manager, had le� ON in March and Sharon Hall had been promoted to the Campaign Manager posi�on. Under the overall leadership of Clare Fussell, our Campaign Director, and with Sharon and Bokani Tshidzu, David has contributed much to our work since his arrival. In addi�on to their other work, the team helped to organise events around our 20[th] Anniversary celebra�ons. These included a drive to encouraged churches and individuals to plant trees (we offered advice on the best varie�es and species). We also ini�ated a 20[th] Anniversary Appeal which raised nearly £14,000, including a large dona�on from the Sisters of St Joseph of Peace. **22/09/2025** Page **5** of **7** ON Directors' Report 2024 - FINAL This year’s Greenbelt Fes�val, in **August** , witnessed the launch of our ‘Greenopoly’ game. A parody of Monopoly, Greenopoly offers a fun way to invite people to think about climate solu�ons and the need for green investment. One of the Churches which took up our encouragement to mark our 20[th] Anniversary year by plan�ng a tree was All Saints, Ascot. Their Harvest/Climate Sunday, in **October** , culminated with a tree plan�ng. Their Junior Choir sang an anthem, ‘Seven Genera�ons’ composed by their director, as the tree was placed in the ground and covered with soil. Our anniversary celebra�ons were crowned with a special service at St John’s Waterloo in **November** . It was a joyful and inspiring event a�ended by over 150 supporters, former staff and trustees, with Dr Rowan Williams delivering the address. The event concluded with Opera�on Noah co-founders Ruth Jarman and Paul Bodenham cu�ng the anniversary cake. The service included wonderful music, Dr Williams’ s�rring sermon and an excellent anniversary film which covered some of most important successes of Opera�on Noah’s 20 years. However, at the end of the service, we were reminded, by a past chair, of one of principal achievements of the charity’s first decade which had been omi�ed from the film, _viz_ ., the theological statement _Climate Change and the Purposes of God_ (popularly known as the Ash Wednesday declara�on). Also in November, and coinciding with COP29, 27 Faith ins�tu�ons joined our latest divestment announcement. Among others, these included the Anglican dioceses of Blackburn and Guildford, as well as—for the first �me— Catholic dioceses in France. Altogether, more than 570 faith ins�tu�ons from around the globe have made a fossil fuel divestment commitment over the past ten years. In the various divestment announcements for faith ins�tu�ons we have helped to organise, we have been joined by the Laudato Si’ Movement, Green Anglicans, GreenFaith, and the World Council of Churches. Throughout the year, and extending into 2025, Opera�on Noah has con�nued to support other climate campaigns, including especially the push for the Climate and Nature bill, which we promoted as part of a special webinar—although strictly speaking this fell in 2025. Other climate and environmental coali�ons we have supported in 2024 included the Stop Rosebank campaign and the Warm This Winter fuel poverty coali�on. We believe Opera�on Noah has an important role to fulfil in encouraging Chris�ans to get involved in these and similar campaigns. ## **Acknowledgements:** We are grateful to the Franciscan Sisters of Mary (US), Society of the Holy Child Jesus, Jesuit Fund for Social Justice, and Edith M Ellis Trust, the Sundour Trust and the Passionists for the grant funding we received from them during 2024. We also continue to be very fortunate in having regular donor supporters who give to the unrestricted funds that are needed to cover the ongoing running costs of Operation Noah. - **Staff: Ruth Jarman** , a founding member of the Operation Noah board, continued to serve efficiently as Operation Noah administrator during the past year. She has ensured that our administration continues to run smoothly, that enquiries and requests for resources are responded to promptly and has chased busy trustees respond to their emails in a timely fashion. **Cameron Conant** has continued as Communications Officer. Cameron continues to do great work on social media and the newsletter. The new website which he, with a small team of trustees, designed is now up and running. We are delighted with our strong team of full and part-time campaigners: **Clare Fussell (director)** , **Sharon Hall (manager)** , **Bokani Tshidzu** and **David Britton (campaigners)** . The Bright Now Team has continued to do excellent work, as evidenced in the successes in the Chair’s report. - **Trustees** : Board members continued to offer excellent direction and many volunteered hours of work throughout 2024. **Dr Martin Poulsom** continued to be responsible for oversight of the Bright Now campaign. The Treasurer, **David Miller** , has once again worked tirelessly throughout the year, reporting to each board meeting as well as producing an annual budget and our submission to the UK Charity Commission. **Dr Darrell Hannah** has remained as Chair of Trustees. **Ms Rachie Ross** stepped down as ViceChair for health reasons. She has also taken a sabbatical from the Board of Trustees. It is hoped that **22/09/2025** Page **6** of **7** ON Directors' Report 2024 - FINAL within the new year she will be able to return to her role on the board. In 2024 we welcomed **Mrs Sarah Komashko** , **Mrs Rebecca MacDonald** and **Mr John Evans** to the board. They have each made valuable contributions to the board during their short time with us, especially in the areas of employment law, market realities and education (respectively). We continue to have a strong team of all ages and with a good spread of expertise and experience. ## **Impact Benefit Statement** In line with our charitable object to conserve, protect and improve the environment, in light of the climate crisis, we have worked this year to inspire and encourage church action to invest in land use that benefits climate and nature, as well as move funds into climate solutions and away from fossil fuels. This has the aim of providing considerable social benefit through providing moral leadership in support of an accelerated green transition, and leaving fossil fuels in the ground. ## **Recruitment and induction of trustees** Trustees are selected on the basis of their expertise, skills and knowledge and upon the benefits that these can bring to the Charity. New trustees are briefed on the activities of the Charity by other trustees and by the staff; their attention is drawn in particular to their legal obligations under Charity Law and the Charity Commission guidance on public benefit. The Charity has taken advantage of the small companies’ exemption in preparing the report above. This Annual Report, and the associated Annual Accounts, were both approved at the meeting of the Trustees held on 22 September 2025; the Directors / Trustees in office at that date were: Revd Dr Darrell Hannah Revd Dr Martin Poulsom Mr David Miller Ms Shilpita Mathews Mr Cameron Conant Mr John Evans Ms Stephanie Lake Revd Dr Hannah Malcolm Ms Rachie Ross Ms Rebecca Warren Mr Michael Oliver Mrs Sarah Komashko Mrs Rebecca MacDonald Mr Matthew King This report was signed on behalf of the Directors / Trustees by: ## _**[signed on original]**_ Revd Dr Darrell Hannah 22 September 2025 **22/09/2025** Page **7** of **7** ON Directors' Report 2024 - FINAL ## **OPERATION NOAH** **Charitable Company Registration number 06458814 Registered Charity in England & Wales number 1138101** ## **ACCOUNTS FOR FINANCIAL YEAR 1st JANUARY 2024 to 31st DECEMBER 2024** ON Accounts 2024 - FINAL 1 of 8 22 Sept 25 ## **Section A Statement of financial activities** |Guid
ance
Note
S01
S02
S03
S04
S05
S06
S07
**Expenditure (Notes 6)**
**Expenditure on:**
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on investments
S16
S17
**Extraordinary items**
S18
S19
S20
Other gains/(losses)
S21
S22
**_Reconciliation of funds:_**
S23
S24
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use
**_Net movement in funds_**
Raising funds
Charitable activities
Separate material expense item
Other
**_Total_**
**Net income/(expenditure) before tax for the reporting**
Charitable activities
Other trading activities
Investments
Separate material item of income
Other
**_Total_**
**Recommended categories by activity**
**Income (Note 3)**
**Income and endowments from:**
Donations and legacies
Total funds brought forward
**_Total funds carried forward_**
**Net income/(expenditure) after tax before investment**
**Net income/(expenditure)**
**Transfers between funds**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03
38,181
184,643
471
0
1,131
4,473|**Total funds**
**Prior year**
**funds**
**£**
**£**
F04
F05| |---|---|---| |||222,824
153,535
471
2,171
5,604
1,610| ||39,783
189,116|228,899
157,316| ||394
19,381
7,301
142,588
13,904
17,397|| |||19,775
1,798
149,890
142,389
0
31,301
30,014| ||21,600
179,366|200,966
174,201| |||| ||18,183
9,750|27,933
-16,885| |||| ||18,183
9,750|27,933
-16,885| |||| ||18,183
9,750|27,933
-16,885| ||0
0|| |||0
0| ||18,183
9,750|27,933
-16,885| ||30,032
21,568|| |||51,600
68,485| ||**48,215**
**31,318**|**79,533**
**51,600**| |||| |**Section B Balance sheet**||| |Guid
ance
Note
**Fixed assets**
B01
B02
B03
B04
**_Total fixed assets_**
B05
**Current assets**
B06
B07
B08
B09
**_Total current assets_**
B10
B11
**_Total current liabilities_**
**_Net current assets/(liabilities)_**
B12
B13
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
B17
**Restricted income funds (Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22
**Deferred income (Note 20.2)**
**_Total assets less current liabilities_**
**_Creditors:_ amounts falling due after one year**
**_Endowment funds (Note 27)_**
**Investments (Note 17)**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**Creditors: amounts falling due within one year**
**Intangible assets (Note 15)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05| |||| |||| ||2,824
195
46,505
61,050|3,019
1,592
107,555
193,587| ||49,329
61,245|110,574
195,179| |||6,041
6,955
25,000
136,624| ||1,114
4,927
25,000|| |||| ||1,114
29,927|31,041
143,579| |||| ||48,215
31,318|79,533
51,600| |||| ||48,215
31,318|79,533
51,600| |||| |||| |||| ||48,215
31,318
0|79,533
51,600| ||31,318
48,215|0
0| |||31,318
21,568
48,215
30,032| |||| ||48,215
31,318
0|79,533
51,600| _**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**_ ON Accounts 2024 - FINAL 2 of 8 22 Sept 25 _**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_ **----- Start of picture text -----**
Signed by one or two trustees/directors on behalf of all the trustees/directors Print Name Date of approval
dd/mm/yyyy
[signed on orginal] Revd Dr Darrell Hannah 22 September 2025
[signed on original] David Miller 22 September 2025
Date
Signature of director authenticating accounts being sent to Companies House Signature
dd/mm/yyyy
[signed on original] 22 September 2025
**----- End of picture text -----**
## **Section C Notes to the accounts** Note 1 **Basis of preparation** ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: - the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014. - the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102). - and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. ## **1.2 Going concern** The accounts have been prepared on the basis that the charity continues to be a going concern, with a good proportion of unrestricted fund income arising from standing orders from supporters and the level of one-off donations fluctuating little from year to year. ## **1.3 Change of accounting policy** The accounts present a true and fair view and no changes have been made to the accounting policies. ## **1.4 Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP). ## **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS102 SORP). **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies** Accounting Policies have not changed since last year, and are shown in detail in the Accounts for 2018 **Section C Notes to the accounts (cont)** **Note 3 ANALYSIS OF INCOME** |**Donations and legacies:**
**Charitable activities:**
**TOTAL INCOME**
**Income from investments:**|**Total**
**Total**
**Total**
General grants provided by government/other
Membership subscriptions and sponsorships which
Donated goods, facilities and services
Other
Primary Purpose Trading
Conference ticket sales
Donations and gifts received directly
Gift Aid
Net Donations recived via CAF/Stewardship
Gift aid received via Stewardship
Legacies
Interest income|**Last year**
**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**Total**
**£**
**£**
32,042
32,042
11,693
2,694
2,694
1,592
3,041
3,041
3,595
404
404
543
184,643
184,643
136,112
**This year**| |---|---|---| |||38,181
184,643
222,824
153,535| |||471
471
1,124
0
1,047| |||471
0
471
2,171| |||1,131
4,473
5,604
1,610| |||1,131
4,473
5,604
1,610| |||| |||**39,783**
**189,116**
**228,899**
**157,316**| **Section C Notes to the accounts (cont)** **Note 4 Analysis of receipts of government grants** Not applicable ## **Section C Notes to the accounts (cont)** **Note 5 Donated goods, facilities and services** Not applicable ON Accounts 2024 - FINAL 3 of 8 22 Sept 25 **Section C Notes to the accounts (cont)** ## **Note 6 Analysis of Expenditure** **----- Start of picture text -----**
This year Last year
Restricted Endowment Unrestricted Restricted Endowment
ANALYSIS Unrestricted funds income funds funds Total funds funds income funds funds Total funds
Expenditure on raising funds: £ £
Incurred seeking donations 394 378 - 772 401 232 - 633
Incurred seeking legacies - - 0 0 - -
Incurred seeking grants 19,003 - 19,003 0 860 - 860
Advertising, marketing, direct mail and
publicity - - - - [ 270 35 - 305 ]
Database development costs - - - - - -
- - - - - - - -
Total expenditure
394 19,381 - 19,775 671 1,127 - 1,798
on raising funds
Expenditure on charitable activities:
Salaries & Employment costs 132,786 - 132,786 111,737 - 111,737
Pension 3,697 - 3,697 3,029 - 3,029
Contractor- Communications 7,034 2,428 - 9,462 7,626 4,409 - 12,034
Events and Campaigns 223 3,593 - 3,816 988 14,016 - 15,004
Production of Resources 45 84 - 129 585 - 585
Other expenditure - - - - - - - -
Total expenditure on
7,301 142,588 - 149,890 8,613 133,775 - 142,389
charitable activities
Separate material item of expense
- - - - - -
- - - - - - - -
Total Material items - - - - - -
Other
Governance costs 1,855 - 1,855 1,381 - 1,381
Other Support costs 12,049 17,397 - 29,446 10,528 18,106 - 28,634
- - - - - - - -
Total other expenditure 13,904 17,397 - 31,301 11,909 18,106 - 30,014
TOTAL EXPENDITURE 21,600 179,366 - 200,966 21,193 153,008 - 174,201
**----- End of picture text -----**
**Section C Notes to the accounts (cont)** ## **Note 7 Extraordinary items** There were no extraordinary items to report ## **Section C Notes to the accounts (cont)** ## **Note 8 Funds received as agent** No funds were received by the charity acting as an agent ## **Section C Notes to the accounts (cont)** ## **Note 9 Support Costs** |**Support cost categories**|**Current year**|**Previous year**| |---|---|---| |Governance costs||| |Companies House fees|34|13| |Admin costs (trustee support)|1,321|868| |Independent Examination fees|500|500| |**Total Governance costs**|**1,855**|**1,381**| |Other Support Costs||| |Contractor - Admin|7,734|6,644| |Contractor- Finance|456|415| |Office rent and venue hire|9,150|11,500| |Insurance|367|325| |Legal costs|3,000|2,448| |Marketing costs|5,123|1,218| |Recruitment costs||498| |Training costs|766|400| |Office and admin costs|1,271|1,166| |Travel and subsistence|1,437|3,477| |Relocation costs||385| |Other expenditure|143|157| |Other Support costs|**29,446**|**28,634**| |**Total Support costs**|**31,301**|**30,014**| Operation Noah has opted not to allocate its Governance and Other Support Costs across its primary expense streams, as the total is not material, and the effort would be disproportionate to the benefits of greater understanding that might be achieved. Governance and Other Support Costs are broken down within this note ON Accounts 2024 - FINAL 4 of 8 22 Sept 25 **Section C Notes to the accounts (cont)** **Note 10 Details of certain types of expenditure** **----- Start of picture text -----**
Note 10.1 Fees for independent examination of the accounts This year Last year
500 500
Section C Notes to the accounts (cont)
Note 11 Paid employees
11.1 Staff Costs
This year Last year
£ £
Salaries and wages 131,434 107,197
Social security costs 8,326 5,400 costs include Er NIC, but exclude Ee NIC
Pension costs (defined contribution pension plan) 3,876 3,029
Other employee benefits
Total staff costs 143,636 115,626
**----- End of picture text -----**
There were no staff members working for the charity whose contracts are with and are paid by a related party No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000 **----- Start of picture text -----**
The total amount paid to key management personnel (includes trustees and senior management) for their services to the charity, was £44,756 *
* The costs shown here are for the salary (plus Er NIC and Er Pension) of the Campaign Director
This year Last year
11.2 Average head count in the year Number Number
The parts of the charity in which the employees work: Fund-raising 0.13 0.02
Charitable Activities 3.08 3.0
Total 3.21 3.0
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**Section C Notes to the accounts (cont)** **Note 12 Defined contribution pension scheme or defined benefit scheme** ## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_ **----- Start of picture text -----**
Amount of contributions recognised in the SOFA as an expense: £3,876
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* This is all allocated to restricted fund expenditure because the staff members' posts are all funded by grants for the projects they are working on. ## **Section C Notes to the accounts (cont)** ## **Note 13 Grantmaking** The charity has not made any grants or donations which in aggregate form a material part of the charitable activities undertaken. **----- Start of picture text -----**
Section C Notes to the accounts (cont)
Note 14 Tangible fixed assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 15 Intangible assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 16 Heritage assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 17 Investment assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 18 Stocks
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 19 Debtors and prepayments
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**----- Start of picture text -----**
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 15 Intangible assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 16 Heritage assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 17 Investment assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 18 Stocks
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 19 Debtors and prepayments
19.1 Analysis of debtors This year Last year
£ £
Trade debtors
Prepayments and accrued income 3,019 1,592
Other debtors
Total 3,019 1,592
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The current year debtors figure relates to the gift aid claimed on 2024 donations, plus December interest on our CCLA account, received 3rd January 2025. ON Accounts 2024 - FINAL 5 of 8 22 Sept 25 **Section C Notes to the accounts (cont)** ## **Note 20 Creditors and accruals** ## **20.1 Analysis of creditors** **----- Start of picture text -----**
Amounts falling due within Amounts falling due after
This year Last year This year Last year
£ £ £ £
Trade creditors 6,041 6,955
Accruals and deferred income 25,000 136,624
Total 31,041 143,579
The current year creditors figure includes PAYE/NI relating to December payroll, expenses payments and invoices from contractors for work done in December.
20.2 Deferred income
This Year Last Year
Jesuit Fund for Social Justice 5,000 Porticus 136,624
Edith M Ellis Trust 5,000
Society of the Holy Child Jesus 15,000
Total 25,000 Total 136,624
Movement in deferred income account This year Last year
£ £
Balance at the start of the reporting period 136,624 0
Amounts added in current period 25,000 136,624
Amounts released to income from previous periods -136,624 0
Balance at the end of the reporting period 25,000 136,624
Section C Notes to the accounts (cont)
Note 21 Provisions for liabilities and charges
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 22 Other disclosures for debtors, creditors and other basic financial instruments
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 23 Contingent liabilities and contingent assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 24 Cash at bank and in hand
This year Last year
£ £
Short term cash investments (less than 3 months maturity date)
Short term deposits 101,262 185,983
Cash at bank and on hand 6,293 7,603
Other
Total 107,555 193,587
Section C Notes to the accounts (cont)
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## **Note 25 Fair value of assets and liabilities** ## **25.1 Exposure to credit risk, liquidity risk and market risk arising from financial instruments to which the charity is exposed at the end of the reporting period:** The charity's income comprises donations and grants plus a small amount of revenue from booklet sales all paid before despatch, so there are no debtors. The charity's assets are held in the form of cash, so there is no liquidity issue nor any exposure to investment value fluctuations. ## **25.2 Change in the fair value of basic financial instruments (debtors, creditors, investments) measured at fair value through the SoFA that is attributable to changes in credit risk.** Not applicable ## **Section C Notes to the accounts (cont)** ## **Note 26 Events after the end of the reporting period** No events, requiring adjustment to the accounts, have occurred between the end of the reporting period and the authorisation of the accounts ON Accounts 2024 - FINAL 6 of 8 22 Sept 25 **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds - CURRENT YEAR** ## **27.1 Details of material funds held and movements during the CURRENT reporting period** ## _*** Key: R - restricted income funds, including special trusts, of the charity; and UR - unrestricted funds**_ **----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE R or UR * Purpose and Restrictions brought Gains and carried
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Core Funds UR 30,032 26,204 -21,550 34,687
Projects Fund UR 13,579 -50 13,528
Bright Now R 403 4,410 4,813
Bright Now (Franciscan Sisters of Mary) R 15,277 46,714 -46,950 15,041
Bright Now (Porticus) R 4,500 136,624 -131,479 9,645
Turning up the Heat R 1,388 -1,388 0
Big Bank Switch (Passionists) R 0 805 -805 0
Big Bank Switch (Sundour Trust) 0 500 -132 368
Big Bank Switch (Other) 0 62 0 1,388 1,450
Other funds (balancing figure) N/a N/a 0 0 0 0
Total Funds as per balance sheet 51,600 228,899 -200,966 0 0 79,533
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None of the fund balances carried forward include assets and liabilities denominated in a foreign currency **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds - PREVIOUS YEAR** ## **27.2 Details of material funds held and movements during the PREVIOUS reporting period** ## _*** Key: R - restricted income funds, including special trusts, of the charity; and UR - unrestricted funds**_ |Core Funds
UR
Bright Now
R
Bright Now
(Society of the Sacred Heart)
R
Bright Now
(Sisters of the Holy Cross)
R
Bright Now
(Society of the Holy Child Jesus CIO)
R
Bright Now (Franciscan Sisters of Mary)
R
Bright Now (Jesuit Fund for Social
Justice)
R
Bright Now (Porticus)
R
Turning up the Heat
R
**_Other funds (balancing figure)_**
**N/a**
**N/a**
**Total Funds as per balance sheet**
**Fund names**
**Type PE, EE R or**
**UR ***
**Purpose and**
**Restrictions**|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
32,455
18,770
-21,193
0
30,032
1,310
403
-1,310
403
2,000
-2,000
0
0
7,438
-7,438
0
1,327
47,959
-34,009
15,277
0
24,580
88,172
-108,251
4,500
1,375
13
1,388
| |---|---| ||68,485
157,316
-174,201
0
0
51,600| None of the fund balances carried forward include assets and liabilities denominated in a foreign currency ## **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds (cont)** ## **27.3 Transfers between funds** The remaining balance in the _Turning Up the Heat_ fund was transferred to the new project _The Big Bank Switch_ with the permission of the provider of the original grant for the former. ## **Section C Notes to the accounts (cont)** ## **Note 28 Transactions with trustees and related parties - CURRENT YEAR** ## **28.1 Trustee remuneration and benefits paid in the current year** |Cameron Conant
Governing document, clause
6.2.1
**Name of trustee**
**Legal authority (eg order,**
**governing document)**|**Remuneration**
**Pension**
**contribution**
**Redundancy**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**
**£**
9,960
9,960
**Amounts paid or benefit value**
**Current year**| |---|---| In addition to trustee duties, performed on a voluntary basis, the trustee has provided Communicatons services the the charity as a freelance contractor. ON Accounts 2024 - FINAL 7 of 8 22 Sept 25 ## **28.2 Trustees' expenses incurred in the current year** **----- Start of picture text -----**
Type of expenses reimbursed Current year
£
Travel 31
Subsistence
Accommodation
Other (please specify)
TOTAL 31
The number of trustees reimbursed for expenses or who had expenses paid by the charity 1
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## **28.3 Transaction(s) with related parties** There have been no related party transactions in the reporting period ## **Note 28 Transactions with trustees and related parties - PREVIOUS YEAR** ## **28.1 Trustee remuneration and benefits paid in the previous year** |Cameron Conant
**Name of trustee**
**Legal authority (eg order,**
**governing document)**
Governing document, clause
6.2.1|**Remuneration**
**Pension**
**contribution**
**Redundancy**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**
**£**
12,667
12,667
**Amounts paid or benefit value**
**Current year**| |---|---| In addition to trustee duties, performed on a voluntary basis, the trustee provided Communicatons services the the charity as a freelance contractor. ## **28.2 Trustees' expenses incurred in the previous year** |**Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity**
**Subsistence**
**Accommodation**
**Other (please specify):**
**TOTAL**
**Type of expenses reimbursed**
**Previo**
**Travel**|4
279
317
**us year**
**£**
38| |---|---| ## **Section C Notes to the accounts (cont)** **Note 29 Additional Disclosures** There are no additional disclosures to report ON Accounts 2024 - FINAL 8 of 8 22 Sept 25 **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** |**Report to the**
**trustees/directors/ members of**
**On accounts for the year ended**
**Set out on pages**
**Responsibilities and basis of**
**report**
**Independent examiner's**
**statement**
**Signed:**
**Name:**
**Relevant professional**
**qualification:**||Operation Noah|||||| |---|---|---|---|---|---|---|---| ||||||||| |||31stDecember, 2024|||||| ||||||||06458814| |||**Charity no.:**|1138101|Company no.:|||06458814| ||||||||| |||1 to 9|||||| |||I report to the charity trustees on my examination of the accounts of the Company for the
year ended 31 Dec 2024.**D / MM / YYYY**.
As the charity’s trustees of the Company (who are also the directors of the company 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 myself that the accounts of the Company are not required to be audited
for this year under Part 16 of the 2006 Act and are eligible for independent examination, I
report in respect of my examination of your charity’s accounts as carried out under section
145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have
followed the Directions given by the Charity Commission (under section 145(5)(b) of the
2011 Act.
I have completed my examination. I confirm that no material matters have come to my
attention which gives me cause to believe that:
• accounting records were not kept in accordance with section 386 of the Companies Act
2006; or
• the accounts do not accord with such records; or
• the accounts do not comply with relevant accounting requirements under section 396 of
the Companies Act 2006 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
•the accounts have not been prepared in accordance with the Charities SORP (FRS102).
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.
_Signed on Original_
**Date:**
25thSeptember, 2025|||||| |||_Signed on Original_||||25thSeptember, 2025|| ||||||||| |||Malcolm W Rogers, 24a, Friars Walk, Tring, HP23 4AY|||||| ||||||||| |||ACIE|||||| 1 **October 2018** **IER**