Company no. 02764183
Charity no. 1139618
The Ecumenical Council for
Corporate Responsibility (ECCR)
-kJl iustmoney
movement
Report and Unaudited Financial
Statements
31 May 2024

The Ecumenical Councll for Corporate Responsibility {ECCR) trading as the
Justmoney Movement
Report of the Trustees for the Year Ended 31 May 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02764183 (EngLand and WaLes)
Registered Charity number
1139618
Registered office
30 Bute Street
SheffieLd
S10 1UP
Trustees
Revd Grace BaLly-BaLogun
Jeroen Bromilow
Revd Dr Simon Cuff Vice Chair
Revd David Haslam
Revd Dick Johnson
Simeon Mitchell
Prof Geoff Moore Chair
Austin Richards
Sue Richardson
Dr Andrew Treharne
Denise WiLkinson
Naomi SterLing-WiLson (appointed 3110812024)
Key Management Personnel
Sarah Edwards
Executive Director
Independent examiner
Sam Rebbettes ACCA
18 North Street
Kingsclere
Newbury
RG20 5QX
Principal Bankers:
The Co-o
erative Bank
46-48 ArundeL Street
Portsmouth, P011TD
Triodos Bank
Deanery Road
Bristol, BS15AS

The Ecumenical Councll for Corporate Responsibility {ECCR) trading as the
Justmoney Movement
Report of the Trustees for the Year Ended 31 May 2024
The Trustees who are aLso directors of the charity for the purposes of the Companies
Act 2006. present their report with the financiaL statements of the charity for the
year ended 31 May 2024.
The Trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
The purpose of the charity as set out in its governing document
The Justmoney Movement is a trading name of the EcumenicaL Council for Corporate
Responsibility, whose core charitabLe objectives are to prevent and relieve poverty,
and to advance environmentaL protection. human rights. conflict resolution.
citizenship and community deveLopment. by promoting business ethics. corporate
responsibility and ethicaL investment. In determining these objectives, the Trustees
have paid due regard to the Charity Commission's guidance on pubLic benefit.
Our objectives are translated into a vision of a world where money is used to shape
a fairer, greener future. We view money as playing a pivotal roLe in our society and
as Christians we beLieve that our understanding and use of money flows from our
faith and is part of our witness. We recognise that we can make decisions about our
own money - how we bank, save, and spend
that contribute to a fairer, greener
worLd. And we believe that poLicies and practices about money for exampLe in the
tax system, the finance sector, or the corporate economy - can be shaped in ways
that serve peopLe and planet too.
We aim to draw together Christians. churches and Christian networks. as part of a
broader movement, to heLp create the political space for change at a
transformationaL scaLe: shifts in government poLicy, in the way businesses and banks
behave. and in people's attitudes to money. We seek to achieve this through
resourcing better understanding of faith and finance among Christians. behaviour
change and campaigning by individuals and churches. and a distinctive pubLic
Christian voice. alL working together for a fairer, greener financiaL system and wider
economy. Our main approaches are education and refLection. communication and
campaigning, and high LeveL influencing and thought Leadership.
Review of perforniance and achievement
We have continued to take a movement buiLding approach to our work, engaging
Christians, Churches and Christian networks with our education, campaigning and
infLuencing work towards a more just use of money. The past year has included
some major successes, including greatLy exceeding our engagement targets and
meeting ambitious unrestricted donations growth targets. However the grant
funding environment has been chaLlenging and we have seen the end of two major
grants for our Money Makes Change programme. from Barrow Cadbury Trust and
Sisters of the Holy Cross, which has reduced our income for the year. We end the
year with a number of new or deeper coLLaborations which bode weLI for the future.
and with a higher profiLe in the faith press and on sociaL media. The wider context

The Ecumenical Council for Corporate Responsibility {ECCR) trading as the
Justmoney Movement
Report of the Trustees for the Year Ended 31 May 2024
has continued to prove chalLenging, and we created a new staffing structure to heLp
us meet these chaLlenges, giving us more integrated and clearer roLes, to better
deLiver our strategy.
Our 3-5 year priority continues to be to increase the reach, depth and diversity of
engagement of Christians. Churches and Christian networks in the UK. in order to
have a meaningfuL impact on poLicy and practice for a fairer, greener future.
Our activities can broadly be described as:
Learning and action around the financiaL choices of individuaLs and
churches;
Communications and campaigning for a more just use of money by banks,
businesses and in the tax system;
High level infLuencing and thought leadership incLuding on theologicaL
reflection around economics, and advocacy that brings a distinctive
Christian voice to issues of financiaL and economic justice
These activities aim to meet the folLowing outcomes:
A wide range of Christians see their use of money as part of their faith and
grow in understanding the role of finance and the economy.
Christians change their behaviour to align their money with their faith.
Churches teach about money and make ethical decisions about their own
finances.
Our campaigns contribute to a more just use of money by banks and
businesses and in the tax system.
There is a stronger Christian voice in pubLic discourse on finance and
economics.
Increased engagement with the Justmoney Movement
We have continued to build the profiLe and reach of the Justmoney Movement
through events, resources, communications and partnerships such as GreenbeLt
FestivaL and our own Justmoney conference. We have reached over 340,000 peopLe
over the year. This includes accessing our website. hearing about us on social media
and events or through our maiLing list. Reach is at the bottom of our engagement
pyramid. meaning we have then brought people 'up' the pyramid achieving 40,535
engagements over the year. more than doubLe our target of 20.000. This includes
people interacting with our emails, taking a campaign action, using resources on the
website or on social media. We have also greatLy exceeded our target by engaging
with 282 churches (target 100) who have used Tax Justice or Good Money Sunday
resources, for example.
We Launched the Justmoney Champions network, funded by Benefact Trust, in
September 2023 contributing to the depth and diversity of those engaging with us.
Since then, our Movement Builders have been promoting the network at external
events. building reLationships with individuals interested in becoming Justmoney
Champions, offering 1.1 conversations, and delivering induction sessions and ongoing

The Ecumenical Councll for Corporate Responsibility {ECCR) trading as the
Justmoney Movement
Report of the Trustees for the Year Ended 31 May 2024
training. 3. We have 24 individuals currently engaged as Champions from across the
UK, with a variety of interests from ethical banking to tax justice.
Money Makes Change
We have strengthened and initiated strategic partnerships to broaden the reach of
MMC and deepen engagement, incLuding with Just Love and Student Christian
Movement to engage with a younger audience. We have supported both of these
networks to campaign and engage on ethical banking. Our convening roLe on ethicaL
banking has strengthened reLationships with the Church of EngLand, Church in
WaLes, Methodists. Jesuits and Baptists. as weLL as a number of CathedraLs and
Dioceses/ regions. We have aLso been able to colLaborate with these churches and
networks to disseminate and promote our resources and to deliver training e.g. we
deLivered a workshop on investing and peace at the Methodist event. CLiffFest and
Led a study day on Climate and Economic Justice with a Quaker Area Meeting in
association with Woodbrooke CoLlege.
We have increased grassroots and church investor engagement with our campaigns
on green banking. This has included AGM sharehoLder engagement on pLastics
financing. fossiL fuel investments and fair. accessibLe banking services for churches.
We have been in touch directly with some of the major high street banks on this
and coordinated a Letter to the 'big 4, in response to the Latest Banking on CLimate
Chaos report. For individuaLs we Launched the Big Bank Switch campaign with allies
Operation Noah and Just Love, to provide a simple way for people to switch to a
fossiL-fuel free bank.
The first Good Money Sunday took place on 8 October. which we created a hosted
in partnership with UKSIF'S Good Money Week (2 - 8 October). We Led and took part
in various events incLuding a webinar with Christian Aid and Theos, and a workshop
at St PauL's CathedraL. We produced a Good Money Sunday church resource pack
for LocaL congregations.
MMC learning and action resources have included a new webpages in the hub on
investments and on banking. the new version of the SmaLI Group resource which
was produced in partnership with LICC (London Institute for Contemporary
Christianity) and Stewardship, and updated Greener Fairer Banking Guide for
churches.
Church Action for Tax Justice
We deLivered activities in Fair Tax Week and Tax Justice Sunday 2023 including taLks
in churches, bespoke events and the production of a resource pack to engage
churches locaLLy. We have secured a wide range of media coverage for our tax
campaigning incLuding podcasts, faith press and radio interviews. Events through
the year incLuded a session at Greenbelt FestivaL. at our annLJal conference, and
talks at churches and groups around the UK. We have continued to campaign for a
wealth tax and fairer taxes on weaLth. We have joined with other groups in advocacy
on this. as welL as on cLosing tax havens and Loopholes. and on tackling the unjLJSt
tax practices of major corporations. We have raised awareness and engaged
supporters in action through our communications channels e.g. newsletter and
website, and through equipping Champions for more in-depth activity such as

The Ecumenical Council for Corporate Responsibility {ECCR) trading as the
Justmoney Movement
Report of the Trustees for the Year Ended 31 May 2024
campaigning for their LocaL authorities to become Fair Tax Council. We ran our
Thanks for Tax narrative project with a poLI on what people are thankful taxes pay
for. We grew our supporter List via our campaign action targeting UK Government
in the context of the World Economic Forum.
other campaiÈns and thought leadership
We have played an active roLe in economic justice coaLition campaigns, providing a
distinctive Christian voice and a 'way in. for Christian activism on these issues,
incLuding the Fair Banking Act campaign, Stop the Squeeze on the cost of living
crisis. and Let's End Poverty. We have engaged in sharehoLder activism. buiLding
grassroots capacity through Champions. with banks and companies incLuding HSBC
and Lloyds. We have continued to build our theological understanding and presence.
incLuding through MoneyTalks regular online events and our Good Money Week
seminar at St Paul's Cathedral. We held a number of strategic thinking sessions as
staff on money, fairness and the environment. We convened senior church leaders
for a roundtable on banking which fed into a sign on Letter to the banks and
coLlaboration with CTBI and Make My Money Matter on a 'statement of concern,
which is being prepared for the autumn.
Communications
Our new working name and brand. Launched in November 2022, has continued to
reap rewards for us in terms of engagement, and eLicits an enthusiastic response
across audiences. We have greatly increased profile and engagement across our
various communications channels over the year. We fulLy integrated our newsLetter
communication streams in order to engage more Christians in the Justmoney
Movement. Our newsLetter subscribers have increased by approximately 700A over
the year and sociaL media engagement has increased substantiaLLy across aLL
platforms.
Throughout the year we have created engaging and weLL-used resources including
the Good Money Sunday pack, Greener Fairer Banking Guide, Money Makes Change
SmalL Group Resource, Tax Justice Sunday pack, GeneraL Election briefing, as weLI
as assets used at in-person campaigning moments. We created a 'magazine' for
supporters and a few printed materials incLuding a 'campaign with us, bookmark
and printed versions of resources for use at events and festivaLs. We have integrated
sign up and donate options in our resource download process. which has heLped us
to grow the movement off the back of these resources.
We have achieved consistent coverage in faith media across the year. helping us
reach many more and more diverse Christians with our messages.
We have
contributed regularly to UCB (United Christian Broadcasters) and Premier Christian
Radio, have featured in the Church Times and Premier Christian News, the Methodist
Recorder and Tablet. We took part in a number of podcasts to deepen engagement.
Future Objectives and Planned Activities
In the coming year we WILL aim to grow the movement, in reach. depth and diversity;
equip Christians, churches and Christian networks to Learn and take action with

The Ecumenical Council for Corporate Responsibility {ECCR) trading as the
Justmoney Movement
Report of the Trustees for the Year Ended 31 May 2024
their financiaL choices. campaign for a more just use of money and carry out
infLuencing and thought Leadership activities on financial and economic justice.
Growing the reach. depth and diversity of the movement
We aim to increase our reach and profiLe in order to engage more Christians.
churches and Christian networks, through communications, media and events. We
WIIL buiLd on our Justmoney Champions project to recruit more voLunteer activists
with a focus on deeper engagement. buiLding skilLs and deLivering training. We WILI
achieve more diverse engagement of individuaLs and churches in the Movement,
especiaLly in terms of ethnicity, through recruiting new Champions from Black
Majority Churches and with young adult/ student groups to grow engagement of a
younger demographic.
Learning and action on individual and church choices with money
We will update the Money Makes Change hub to drive action. deLiver training for
churches and resource individuaLs and churches to learn and act on greener, fairer
finance.
Campaigning for a more just use of money
We will continue the Church Action for Tax Justice campaign. continue our banks
campaigning especialLy the Big Bank Switch and other coaLition campaigns especiaLLy
participating in the Fair Banking for ALI coalition. We wilL resource Champions to
campaign and mobilise others and create reactive campaigns to engage on a range
of topics.
Influencing and thought leadership on financial and economic justice
We WILI resource Christian thinking and reflection on extractive economics and
bibLicaL alternatives. We WILL continue our convening of churches and church Leaders
for fairer, greener banking. and look at what opportunities there are to engage with
a new cohort of MPS across the parties.
FINANCIAL REVIEW
Principal funding sources
A summary of the year's results can be found on page 11 of this report and accounts.
During the year, total incoming resources amounted to £199,013 (2023: £244,713).
The primary component £155,000 (2023: £197,208) related to grant income. The other
major item was donations: £33.072 (2023: £33.524).
Resources expended totalled £217,671 (2023: £194,427) with 80% {£174,792) being
expended on direct charitable activities. Governance costs totalLed £niL (2023:
£2.512). In sum the charity operated at a deficit of £18.516 (2023: surpLus of £50,286).

The Ecumenical Councll for Corporate Responsibility {ECCR) trading as the
Justmoney Movement
Report of the Trustees for the Year Ended 31 May 2024
Investment policy and objectives
The charity hoLds a nominaL number of shares in various companies. The organisation
holds these shares so that we can engage with the respective companies.
Reserves policy
At the end of the financial year. the total unrestricted reserves of the charity
amounted to £96,086 (2023- £86,804).
The charity aims to keep unrestricted reserves availabLe equivalent to approximateLy
three months of ongoing expenditure. The Board considers such a leveL gives
reasonabLe security to staff expecting monthly payments and represents a workabLe
balance between the fLuctuations of cash received. often by annuaL grant or
subscription. and ongoing monthly expenditure. If reserves faLI below the three-
month LeveL, the Board checks that anticipated grant receipts are imminent and WILI
return the reserves to that Level.
Going Concern
The Board of Trustees is satisfied that the charity's assets in each fund are availabLe
and adequate to fulfiL its obligations in respect of each fund.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governlng document
The charity is constituted as a limited company, Limited by guarantee, as defined by
the Companies Act 2006 and is governed by its Memorandum of Association version
2.0, dated 10 December 2020. It is incorporated in EngLand and WaLes (Company
Number 02764183) and registered with the Charity Commission (Charity Number
1139618).
The purposes of the charity as set out in its governing document
The Ecumenical CounciL for Corporate ResponsibiLity (ECCR). trading as the
Justmoney Movement, is a registered charity coLLaborating with others in advocacy
and awareness raising on issues of business, human rights and environmental
stewardship.
Formed in 1989 (incorporated in 1992), ECCR believes that Christians are caLLed to
be stewards of God's creation. to heLp the poor. and to seek justice. ECCR seeks to
meet its charitable objects. tackLing issues of economic justice. human rights and
environmental sustainability in corporate behaviour and wider economic Life, through
education and campaigning. ECCR has used sharehoLder activism and advocacy to
seek changes in corporate behaviour. We encourage individuaL church members and
LocaL congregations to aLign their finances with their faith, and to speak out on issues
of corporate and financial ethics and wider tax and economic justice. This approach
recognises that the financiaL footprint of church members totaLs many bilLions of
pounds and that the moraL voice of the churches is stilL a powerfuL contributor to
thought leadership and change. We work aLongside regionaL, national and
internationaL church, muLtifaith and secuLar groups, to raise awareness of and
promote action on ethicaL issues relating to corporate behaviour. financial sector
reguLation and economic poLicy. for example through our website, emaiLs, and social

The Ecumenical Council for Corporate Responsibility {ECCR) trading as the
Justmoney Movement
Report of the Trustees for the Year Ended 31 May 2024
media, via our Champions network, our presence at events, and through coaLitions
and networks in which we pLay a role.
Organisational structure and decision making
Our Trustees are also charity trustees for the purposes of charity Law. The Trustees
are elected at general meetings or may be co-opted by the Trustees in accordance
with the Memorandum of Association.
The Trustees take responsibiLity for the overalL running of the charity. The Trustees
meet at least four times each year to decide on matters of strategy and poLicy, and
to deal with significant operational issues.
A sub-committee of the charity's Trustees (the Executive Committee) meet
periodicaLly throughout the year, providing steering and support in relation to a
subset of the charity's core operations.
To impLement the charity's work there is a paid staff team of 5 (3.7 fuLL-time
equivalent staff).
The Trustees foLlow the Charity Governance Code for smalLer charities, and regularLy
consider the skiLls, knowledge and experience they need to govern, lead and deliver
the charity's purposes effectiveLy. They reflect this mix in their trustee
appointments, balancing the need for continuity with the need to refresh the Board.
STATEMENT OF TRUSTEES RESPONSIBILITIES
The Trustees (who are aLso the directors of the Justmoney Movement, a trading
name of the EcumenicaL Council for Corporate ResponsibiLity (ECCR). for the
purposes of company law) are responsible for preparing 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 year which give a true and fair view of the state of affairs of the charitable
company and of the incoming resources and application of resources, incLuding the
income and expenditure, of the charitable company for that period. In preparing
those financiaL statements, the Trustees are required to:
select suitabLe accounting poLicies and then appLy them consistentLy'
observe the methods and principLes in the Charity SORP"
make judgements and estimates that are reasonable and prudent"
state whether appLicable accounting standards and statements of
recommended practice have been folLowed, subject to any materiaL
departures disclosed and expLained in the financial statements: and
prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the charitabLe company wilL continue in
business.
The Trustees are responsible for keeping proper accounting records which disclose
with reasonabLe accuracy at any time the financial position of the charitable

The Ecumenical Council for Corporate Responsibility {ECCR) trading as the
Justmoney Movement
Report of the Trustees for the Year Ended 31 May 2024
company and to enabLe them to ensure that the financial statements comply with
the Companies Act 2006. They are also responsibLe for safeguarding the assets of
the charitabLe company and hence for taking reasonabLe steps for the prevention
and detection of fraud and other irreguLarities.
The Trustees are responsibLe for the maintenance and integrity of the corporate and
financiaL information incLuded on the charity's website. Legislation in the United
Kingdom governing the preparation and dissemination of financiaL statements may
differ from LegisLation in other jurisdictions.
This report has been prepared in accordance with the special provisions of Part 15
of the Companies Act 2006 relating to small companies. Approved by order of the
board of Trustees on 11 December 2024 and signed on its behaLf by:
Prof Geoff Moore
Chair

Independent examiner's report to the trustees of The Ecumenical Council for
Corporate Responsibility (ECCR)
I report to the trustees on my examination of the accounts of The EcumenicaL
CounciL for Corporate ResponsibiLity (ECCR) (the charitable company) for the year
ended 31 May 2024, which are set out on pages 11 to 21.
Responsibilities and basis of report
As the trustees of the charitable company (and also its directors for the purposes
of company law) you are responsible for the preparation of the accounts in
accordance with the requirements of the Companies Act 2006 ('the 2006 Act,).
Having satisfied myseLf that the accounts of the charitable company are not
required to be audited under Part 16 of the 2006 Act and are eligible for
independent examination. I report in respect of my examination of the charitabLe
company'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.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come
to my attention in connection with the examination giving me cause to believe
that in any material respect:
accounting records were not kept in respect of the charitabLe company as
required by section 386 of the 2006 Act. or
2. the accounts do not accord with those records. or
3. the accounts do not comply with the accounting requirements of section
396 of the 2006 Act other than any requirement that the accounts give a
'true and fair view, which is not a matter considered as part of an
independent examination. or
4. the accounts have not been prepared in accordance with the methods and
principLes of the Statement of Recommended Practice for accounting and
reporting by charities applicabLe to charities preparing their accounts in
accordance with the FinanciaL Reporting standard appLicabLe in the UK and
RepubLic of IreLand (FRS 102).
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.
Sam Rebbettes ACCA
18 North Street
KingscLere
Newbury
RG20 5QX
1311212024
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THE ECUMENICAL COUNCIL FOR CORPORATE
RESPONSIBILITY (ECCR)
STATEMENT OF FINANCIAL POSITION
31 MAY 2024
2024
2023
Nots
Fixed assets
Investments
Current assets
Debtors
Cash at bank and in hand
1.948
1,806
10
9,435
154.000
163,345
(7.615)
15,401
165,193
180,594
(6.116)
Creditors: amounts faLling due within one
year
11
Net current assets
155.820
174.478
Net assets
157.768
176,284
Funds of the charlty
Unrestricted funds
Restricted funds
Total charity funds
96,086
61,682
157.768
89.480
86.804
176.284
12
The directors are satisfied that the company is entitled to exemption from the provisions
of the Companies Aet 2006 (the Act) relating to the audit of the financiaL statements for
the year by virtue of section 477(2). and that no member or members have requested an
audit pursuant to section 476 of the Act.
The directors acknowledge their responsibilities for-
ensuring that the Company keeps proper accounting records which comply with
section 386 of the Act. and
preparing financial statements which give a true and fair view of the state of
aff airs of the Company as at the end of the financial year and of its profit or
loss for the financial year in accordance with the requirements of section 393,
and which otherwise comply with the requirements of the Act relating to
financial statements. so far as applicable to the company.
These accounts have been prepared in accordance with the special provisions appLicable
to companies subject to the small companies, regime.
th
Approved by the trustees on 11 December 2024 and signed on their behalf by
Prof Geoff Moore
Chair
The notes on pages 13 to 22 form part of these financial statements.
12-

THE ECUMENICAL COUNCIL FOR CORPORATE
RESPONSIBILITY (ECCR)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2024
General information
The charity is a public benefit entity and a charity registered in England and Wales. The
address of the registered office is 30 Bute Street. Sheff ield. S10 1UP.
statement of compliance
These financial statements have been prepared in compLiance with FRS 102. 'The Financial
Reporting standard appLicable in the UK and the Republic of Ireland,. the 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)
(Charities SORP (FRS 102)) and the Companies Act 2006.
2. Accounting policies
Basls of preparatlon
The financial statements have been prepared on the historicaL cost basis. They are
prepared in sterling. which is the functional currency of the charity.
Golng Concern
The trustees consider that there are no material uncertainties around the charity's ability
to continue as a going concern.
Income
Income is recognised when the charity has entitlement to the funds, any performance
conditions attached to the item of income have been met. it is probabLe that the income
WILL be received and the amount can be measured reliabLy.
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a
payment to a third party, it is probable that settLement WILL be required and the amount of
the obligation can be measured reliably. All costs are allocated to expenditure categories
reflecting the use of the resource. Direct costs attributable to a single activity are
allocated directly to that activlty. Shared costs are apportioned between the activities they
contribute to on a reasonable. justifiable and consistent basis.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was
incurred.
13

THE ECUMENICAL COUNCIL FOR CORPORATE
RESPONSIBILITY (ECCR)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2024
Allocation of support and governance costs
Support costs are those functions that assist the work of the charity but do not directly
undertake charitable activities. Governance costs are the costs associated with the
governance arrangements of the charity. including the costs of complying with
constitutional and statutory requirements and any costs associated with the strategic
management of the charity's activities. These costs have been aLlocated between cost of
raising funds and expenditure on charitable activities on the following basis:
2024
12.5%
87.5%
2023
12.5%
87.50
Raising funds
Charitable activities
Debtors
Trade and other debtors are recognised at the settLement amount due after any trade
discount offered. Prepayments are valued at the amount prepaid net of any trade
discounts due.
Investments
Listed investments traded on a recognised stock exchange are stated at fair value at the
reporting date, which is deemed to be their market value. Any gain or Loss. whether
realised or unrealised. is taken to the Statement of FinanciaL Activities.
Cash at bank and in hand
Cash at bank and cash 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.
Credltors
Creditors and provisions are recognised where the charity has a present obligation
resulting from a past event that will probably resuLt in the transfer of funds to a third
party and the amount due to settLe the obligation can be measured or estimated reliably.
Creditors and provisions are normally recognised at their settlement amount after aLLowing
for any trade discounts due.
Financial instruments
The company onLy has financial assets and financial LiabiLities of a kind that quaLify as
basic f inancial i nstruments. Basic f inancial instruments are initially recognised at
transaction value and subsequently measured at their settlement value with the exception
of bank loans which are subsequently recognised at amortised cost using the effective
interest method.
Pension costs
The company offers a defined contribution pension scheme for its employees. There are
no further liabiLities other than that aLready recognised in the SOFA.
14

THE ECUMENICAL COUNCIL FOR CORPORATE
RESPONSIBILITY (ECCR)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2024
Income tax
The charity is exempt for taxation on its income and gains where they are to be applied for
charitable purposes.
Fund accounting
Unrestricted funds are avaiLable for use at the discretion of the trustees to further any of
the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particuLar future
projects or commitments.
Restricted funds are subjected to restrictions on their expenditure declared by the donor
or through the terms of an appeal. and faLI into one of two sub-cLasses- restricted income
funds or endowment funds.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements.
estimates and assumptions that affect the amounts reported. These estimates and
judgements are continually reviewed and are based on experience and other factors,
including expectations of future events that are beLieved to be reasonable under the
circumstances.
3. Income from donations and ￿ga¢le$
Total
2024
Restricted Unrestricted
Donations
Gift aid
5.975
986
6,961
23.541
2,570
26.111
29.516
3.556
33.072
Total
2023
Restricted Unrestricted
Donations
Gift aid
14,474
1.595
16,069
14.253
3,202
17.455
28.727
4,797
33,524
4. Income from charitable activities
Total
2024
Restricted Unrestricted
Grants
Membership income
Other income
91.000
(250)
64.000
9.475
928
74,403
155.000
9.225
928
165.153
90.750
15

THE ECUMENICAL COUNCIL FOR CORPORATE
RESPONSIBILITY (ECCR)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2024
4. Income from charltabie actlvltles (contd.)
Total
2023
Restricted Unrestricted
Grants
Membership income
Other income
122,176
250
99
122,525
75,032
12.760
781
88,573
197.208
13,010
880
211.098
5. Total expendlture
Support
and
governance
costs
Raising
funds
Charitable
activities
Total
2024
Engagement eosts
Office and development costs
Governance costs
Sub-total
Allocation of support
and governance costs
Total expenditure
36,094
123.134
4.163
48.440
5.841
207,667
10.004
36.094
127.297
54.281
217.671
6,785
42.879
47.496
174.792
(54,281)
217,671
Support
and
governance
costs
Raising
funds
Charitable
activities
Total
2023
Engagement costs
Office and development costs
Governance costs
Sub-total
Allocation of support
and governance costs
Total expenditure
27,899
105,834
5,884
28.289
24.009
2.512
54,810
162,022
29,893
2,512
194,427
27.889
111,718
6.851
34.750
47.959
159.677
(54,810)
194.427
'Engagement costs. incorporate those costs which are directly attributable to the
furthering of the charity's objectives. and is principaLLy composed of staff. activity. event.
conference and travel costs.
'Office costs, incorporate those costs which are necessary to enable the charity's
operations. and includes expenses such as insurance. IT and website costs.
'Governance costs. incorporate those costs which are necessary to ensure that the charity
adheres to applicable legislation. and consists primariLy of fees for the charity's
independent examination.
16

THE ECUMENICAL COUNCIL FOR CORPORATE
RESPONSIBILITY (ECCR)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2024
6. Net movement in funds
2024
2023
Independent examiner's remuneration
Trustees. reimbursed expenses
2.400
75
346
7. Staff costs and numbers
staff costs were as follows-
Total
2024
Total
2023
Salaries and wages
Social security Costs
Pension costs
152.613
8.454
9.137
170.204
136.519
7.734
7.775
152,028
No employee earned more than £60,000 during the year.
The key management personneL of the company comprise the trustees and the Executive
Director. The totaL empLoyee benefits of the key management personnel were £57,229
(2023= £53,856).
2024
No.
2023
No.
Average head count
8. Trustee remuneration
No trustees were remunerated by the charity.
17

THE ECUMENICAL COUNCIL FOR CORPORATE
RESPONSIBILITY (ECCR)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2024
9. Investments
2024
2023
Market value at 1 June 2023
Unrealised gains
1.806
142
1.948
1.806
1,806
10. Debtors
2024
2023
Accounts receivable
Prepayments and other receivabLes
4.685
4.750
9.435
6,800
8,601
15,401
11. Creditors: amounts falling due within one year
2024
2023
Trade creditors
AccruaLs
Taxation and sociaL security
Other creditors
419
4.962
1.909
325
7.615
105
5,819
192
6,116
18

THE ECUMENICAL COUNCIL FOR CORPORATE
RESPONSIBILITY (ECCR)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2024
12. Analysis of charitable funds
At1
June
2023
Income
Expenditure
Transfers
Gains /
Losses
At31
May
2024
Unrestricted funds
86.804
101.302
(65.575)
(26,587)
142
96.086
Restricted funds
MMC - Restricted
Church Action for
Tax Justice
MMC - Barrow
Cadbury Trust
MMC - Big Bank
Switch
Thanks for Tax
Champions Project
MMC - Green Your
Money
MMC - Digital
upgrade
26.342
11.749
5.282
24.929
(57,905)
(18.Tfl)
26.906
17.907
2.190
500
(2.690)
5.000
(3.470)
1,530
5.000
55.000
2.000
(4.971)
(63,664)
(625)
(29)
48,909
40,245
1.375
290
(290)
89.480
97.711
(152.096)
26.587
61.682
Total funds
176.284
199,013
(217.671)
142
157,768
At1
June
2022
Income
Expenditure Transfers
Gains I
Losses
At31
May
2023
Unrestricted funds
56.929
106,119
(76,244)
86,804
Restricted funds
MMC - Restricted
Church Action for
Tax Justice
MMC- Barrow
Cadbury Trust
Champions Project
MMC - Digital
upgrade
43.433
23.824
30,104
20.940
(47.195)
(33.015)
26,342
11.749
1.812
29.500
{29.122)
2.190
55.000
3.050
(6.091)
(2.760)
48,909
290
69.069
138.594
(118.183)
89,480
Total funds
125.998
244.713
(194.427)
176,284
19

THE ECUMENICAL COUNCIL FOR CORPORATE
RESPONSIBILITY (ECCR)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2024
Purposes of restricted funds
MMC - Restrlcted: Funds used to deliver the national Money Makes Change (MMC)
programme. The MMC programme aims to open up conversations around how Christians
use, spend. save and invest the resources they have. It carries out activities among UK
Christians and churches to educate and raise awareness around the ethicaL financial
behaviour of individuaLs and congregations.
Church Action for Tax Justice." Funds used to deliver the national Church Action for Tax
Justice (CATJ) campaign. CATJ equips UK Christians to campaign for a fairer tax system
one in which everyone has to abide by the rules- in which tax avoidance and evasion are no
longer tolerated- and in which tax poLicies and procedures are fairer, especiaLLy for people
on the margins and for the environment.
MMC - Barrow Cadbury Trust: Funds used to help deliver the MMC programme, as part of
a three-year grant programme.
Champions Project: These funds are restricted for the Champions project. which seeks to
establish and grow a national network of Justmoney Champions to extend the charity's
reach and impact.
MMC - Digital Upgrade: These funds were restricted for the purpose of digitaLly upgrading
the resources and infrastructure of the Money Makes Change project.
MMC - Big Bank Switch: These funds are restricted for the Big Bank Switch project. a
coLLaborative project between Justmoney Movement. Operation Noah and Switchlt.Green
enabLing and empowering individuaLs to switch to a greener bank.
MMC - Green Your Money: These funds are restricted for the Green Your Money Churches
project, through which Justmoney Movement will train and resource churches to better
understand the environmental impact of their financiaL decisions.
Thanks for Tax: These funds were restricted for the charity's "Thanks for Tax" project,
which gathered and presented individual acts of thanksgiving for the UK'S tax system.
20-

THE ECUMENICAL COUNCIL FOR CORPORATE
RESPONSIBILITY (ECCR)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2024
13. Analysis of net assets between funds
Restricted Unrestricted Total Funds
Funds
Funds
2024
Investments
Current assets
Cu rrent liabilities
Net assets
1.948
99.280
(5,142)
96.086
1.948
163.435
(7.615)
157.768
64.156
(2.474)
61.682
Restricted
Funds
Unrestricted Total Funds
Funds
2023
Investments
Current assets
Cu rrent liabilities
Net assets
1.806
88.019
(3.021)
86,804
1.806
180,594
(6,116)
176,284
92.575
(3,095)
89,480
14. Related party transactlons
During the year. 7 trustees made donations to the charity. totaLling £2.054.
During the year. 3 trustees incurred and were reimbursed for expenses incurred on behalf
of the charity- Total expenses reimbursed to trustees in the year totaLLed £346, and
consisted of travel costs incurred by the trustees.
15. Grants receivable
The charity is grateful to have received grants from the following organisations in the year:
2024
Restricted Unrestricted
Total
Barrow Cadbury Trust
Benefact Trust
Christian Aid
Friends Provident
Foundation
Joseph Rowntree
Charitable Trust
Passionists
Southall Trust
stockwelL Trust
Trust for London
URC Trust
USPG
500
55.000
13.000
500
55,000
13.000
22,500
22.500
38,500
38,500
5.000
5.000
5,000
5.000
3,000
5.500
2,000
5.000
3.000
5.500
2.000
5.000
Total grants receivable
91.000
64,000
155.000
21

THE ECUMENICAL COUNCIL FOR CORPORATE
RESPONSIBILITY (ECCR)
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2024
15. Grants receivable (contd.)
2023
Restricted Unrestricted
Total
Barrow Cadbury Trust
Benefact Trust
Christian Aid
Friends Provident
Foundation
Jesuit Fund for Social
Justice
Joseph Rowntree
Charitable Trust
MB Reckitt Trust
Sisters of the Holy Cross
StockwelL Trust
Trust for London
29.500
55.000
5.000
29,500
55,000
5,000
32.500
32,500
3.050
3,050
36.000
36.000
5.000
20.000
2.126
2,500
5.000
20,000
8.658
2,500
6.532
Total grants receivabLe
122.176
75,032
197,208
22-