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2024-12-31-accounts
|
Page |
| ReferenceandadministrativedetailsoftheCharity,itsTrusteesandadvisers |
1 |
| Trustees’report |
2-9 |
| Independentexaminer'sreport |
10 |
| Statementoffinancialactivities |
11 |
| Balancesheet |
12 |
| Notestothefinancialstatements |
13-22 |
| Trustees |
BayjuAshvinThakar |
|
BenedictPlumley |
|
JamesChau |
|
SirNickPartridge(resigned31July2025) |
|
SaraCerrell(resigned20March2024) |
|
StephanieNdlovu |
|
TuviaBorok |
| Companyregistered |
|
| number |
07364172 |
| Charityregistered |
|
| number |
1140295 |
| Registeredoffice |
17-29HawleyCrescent |
|
Camden |
|
London |
|
NW
18TT |
| ExecutiveDirector |
WameJallow |
| Accountants |
KrestonReevesLLP |
|
CharteredAccountants |
|
9DonningtonPark |
|
85BirdhamRoad |
|
Chichester |
|
WestSussex |
|
PO207AJ |
| Bankers |
JPMorganChaseBankNA |
|
25BankStreet |
|
London |
|
E145JP |
| IndependentExaminer |
LucyHammondBScFCA |
|
KrestonReevesLLP |
|
CharteredAccountants |
|
9DonningtonPark |
|
85BirdhamRoad |
|
Chichester |
|
WestSussex |
|
PO207AJ |
2 September 2025
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
|
2024 |
2024 |
2024 |
2023 |
|
Note |
£ |
£ |
£ |
£ |
| Incomefrom: |
|
|
|
|
|
| Donationsandlegacies |
3 |
13,606 |
31,219 |
44,825 |
438,909 |
| Charitableactivities |
4 |
7,329 |
- |
7,329 |
6,587 |
| Investments |
5 |
3,208 |
- |
3,208 |
3,858 |
| Totalincome |
|
24,143 |
31,219 |
55,362 |
449354 |
| Expenditureon: |
|
|
|
|
|
| Raisingfunds |
6 |
- |
- |
- |
18 |
| Charitableactivities |
7 |
91,371 |
27,476 |
118,847 |
635,480 |
| Totalexpenditure |
|
91,371 |
27,476 |
118,847 |
635,498 |
| Net(expenditure)/income |
|
(67,228) |
3,743 |
(63,485) |
(186,144) |
| Transfersbetweenfunds |
14 |
3,122 |
(3,122) |
- |
- |
| Netmovementinfunds |
|
(64,106) |
621 |
(63,485) |
(186,144) |
| Reconciliationoffunds: |
|
|
|
|
|
| Totalfundsbrought forward |
|
163,843 |
19,687 |
183,530 |
369,674 |
| Netmovementinfunds |
|
(64,106) |
621 |
(63,485) |
(186,144) |
| Totalfundscarriedforward |
|
99,737 |
20,308 |
120,045 |
183,530 |
|
|
|
2024 |
|
2023 |
|
Note |
|
£ |
|
£ |
| Fixedassets |
|
|
|
|
|
| Tangibleassets |
11 |
|
- |
|
- |
| Currentassets |
|
|
|
|
|
| Debtors |
12 |
. |
|
138,419 |
|
| Cashatbankandinhand |
|
211,742 |
|
366,466 |
|
|
|
211,742 |
|
504,885 |
|
| Currentliabilities |
|
|
|
|
|
| Creditors:amountsfallingduewithinone |
|
|
|
|
|
| year |
13 |
(91,697) |
|
(321,355) |
|
| Netcurrentassets |
|
|
120,045 |
|
183,530 |
| Totalnetassets |
|
|
120,045 |
|
183,530 |
| Charityfunds |
|
|
|
|
|
| Restrictedfunds |
14 |
|
20,308 |
|
19,687 |
| Unrestrictedfunds |
14 |
|
99,737 |
|
163,843 |
| Totalfunds |
|
|
120,045 |
|
183,530 |
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2024 |
2024 |
2023 |
|
£ |
£ |
£ |
| Servicesinvoiced |
7,329 |
7,329 |
6,587 |
| Total2023 |
6,587 |
6,587 |
|
| Investmentincome |
|
|
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2024 |
2024 |
2023 |
|
£ |
£ |
£ |
| Bankinterest |
3,208 |
3,208 |
3,858 |
| Total2023 |
3,858 |
3,858 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2024 |
2024 |
2023 |
|
£ |
£ |
£ |
| Fundraisingcosts |
- |
- |
18 |
| Total2023 |
18 |
18 |
|
|
Unrestricted |
Restricted |
|
|
|
funds |
funds |
Total |
Total |
|
2024 |
2024 |
2024 |
2023 |
|
£ |
£ |
£ |
£ |
| Othercharitableactivities |
91,371 |
27,476 |
118,847 |
635,480 |
| Total2023 |
168,302 |
467,178 |
635,480 |
|
| Analysisofexpenditurebyactivities |
|
|
|
|
|
Activities |
|
|
|
|
undertaken |
Support |
Total |
Total |
|
directly |
costs |
funds |
funds |
|
2024 |
2024 |
2024 |
2023 |
|
£ |
£ |
£ |
£ |
| Othercharitableactivities |
14,591 |
104,256 |
118,847 |
635,480 |
| Total2023 |
395,179 |
240,301 |
635,480 |
|
| Analysisofdirectcosts |
|
|
|
|
|
|
Grant |
Total |
Total |
|
|
programme |
funds |
funds |
|
|
2024 |
2024 |
2023 |
|
|
£ |
£ |
£ |
| OtherProjects |
|
3,684 |
3,684 |
413 |
| GlobalListeningProjectFundcosts |
|
7,974 |
7,974 |
82,545 |
| Anglo-AmericanFundscosts |
|
1,181 |
1,181 |
168,421 |
| Productioncosts |
|
1,140 |
1,140 |
1,650 |
| MTVStayingAliveFoundationExpenses |
|
612 |
612 |
29,022 |
| GlobalInnovationFundcosts |
|
- |
- |
113,128 |
|
|
14,591 |
14,591 |
395,179 |
| Total2023 |
|
395,179 |
395,179 |
|
|
Other |
|
|
|
charitable |
Total |
Total |
|
activities |
funds |
funds |
|
2024 |
2024 |
2023 |
|
£ |
£ |
£ |
| Staffcosts |
30,266 |
30,266 |
93,847 |
| Independentexaminer'sfees |
6,456 |
6,456 |
4,740 |
| Eventcosts |
6,000 |
6,000 |
16,392 |
| Officecosts |
2,516 |
2,516 |
25,003 |
| Bankcharges |
663 |
663 |
945 |
| BoardmeetingandTrusteecosts |
8,352 |
8,352 |
5,961 |
| Travel |
18,683 |
18,683 |
75,670 |
| StaffRecruitment |
417 |
417 |
14,441 |
| Rentandrates |
12,144 |
12,144 |
3,233 |
| Otherstaffcosts |
39 |
39 |
69 |
| Organisationaldevelopment |
18,720 |
18,720 |
- |
|
104,256 |
104,256 |
240,301 |
| Total2023 |
240,301 |
240,301 |
|
| Staffcosts |
|
|
|
|
|
2024 |
2023 |
|
|
£ |
£ |
| Wagesandsalaries |
|
26,174 |
88,099 |
| Socialsecuritycosts |
|
2,441 |
3,379 |
| Contributiontodefinedcontributionpensionschemes |
|
1,651 |
2,369 |
|
|
30,266 |
93,847 |
| TheaveragenumberofpersonsemployedbytheCharityduringtheyearwasasfollows: |
|
|
|
|
|
2024 |
2023 |
|
|
No. |
No. |
| Administration |
|
1 |
1 |
|
|
Otherfixed |
|
|
assets |
|
|
£ |
| Costorvaluation |
|
|
| At |
1January2024and31December2024 |
380,959 |
| Depreciation |
|
|
| At |
1January2024and31December2024 |
380,959 |
| Net |
bookvalue |
|
| At |
31December2024 |
|
|
2024 |
2023 |
| Duewithinoneyear |
|
|
| Tradedebtors |
|
12,721 |
| Accruedincome |
|
125,698 |
|
|
138,419 |
|
2024 |
2023 |
|
£ |
£ |
| Tradecreditors |
19,117 |
34,185 |
| Amountsowedtogroupundertakings |
65,526 |
280,360 |
| Accruals |
7,054 |
6,810 |
|
91,697 |
321,355 |
|
|
|
|
|
|
Balanceat |
|
Balanceat |
1 |
|
|
|
31 |
|
January |
|
|
|
Transfers |
|
|
2024 |
|
Income |
Expenditure |
in/out |
2024 |
|
|
£ |
£ |
£ |
£ |
£ |
| Unrestrictedfunds |
|
|
|
|
|
|
| GeneralFunds |
163,843 |
|
24,143 |
(91,371) |
3,122 |
99,737 |
| Restrictedfunds |
|
|
|
|
|
|
| Anglo-AmericanFoundation |
27,129 |
|
- |
(16,587) |
- |
10,542 |
| GlobalListeningProject |
(7,442) |
|
31,219 |
(10,889) |
(3,122) |
9,766 |
|
19,687 |
|
31,219 |
(27,476) |
(3,122) |
20,308 |
| Totaloffunds |
183,530 |
|
55,362 |
(118,847) |
- |
120,045 |
|
|
|
|
|
Balanceat |
|
Balanceat |
|
|
|
31 |
|
1January |
|
|
Transfers |
December |
|
2023 |
Income |
Expenditure |
in/out |
2023 |
|
£ |
z |
£ |
£ |
£ |
| Unrestrictedfunds |
|
|
|
|
|
| GeneralFunds |
39,907 |
241,385 |
(168,320) |
50,871 |
163,843 |
| Restrictedfunds |
|
|
|
|
|
| ComicRelief |
29,022 |
- |
(29,022) |
- |
- |
| GlobalInnovationFund |
- |
125,698 |
(113,128) |
(12,570) |
- |
| Anglo-AmericanFoundation |
300,745 |
- |
(243,542) |
(30,074) |
27,129 |
| GlobalListeningProject |
- |
82,271 |
(81,486) |
(8,227) |
(7,442) |
|
329,767 |
207,969 |
(467,178) |
(50,871) |
19,687 |
| Totaloffunds |
369,674 |
449,354 |
(635,498) |
- |
183,530 |
|
|
————————— |
|
|
|
|
|
|
|
Unrestricted |
Restricted |
Total |
|
|
|
|
funds |
funds |
funds |
|
|
|
|
2024 |
2024 |
2024 |
|
|
|
|
£ |
£ |
£ |
| Current |
assets |
|
|
191,434 |
20,308 |
211,742 |
| Creditors |
due |
within |
oneyear |
(91,697) |
- |
(91,697) |
| Total |
|
|
|
99,737 |
20,308 |
120,045 |
|
|
|
|
Unrestricted |
Restricted |
Total |
|
|
|
|
funds |
funds |
funds |
|
|
|
|
2023 |
2023 |
2023 |
|
|
|
|
£ |
£ |
£ |
| Current |
assets |
|
|
485,198 |
19,687 |
504,885 |
| Creditors |
due |
within |
oneyear |
(321,355) |
- |
(321,355) |
| Total |
|
|
|
163,843 |
19,687 |
183,530 |