Docusign Envelope ID.. 11174B62aC7B4DW9009-880F2507468D ART AGAINST KNIVES (A company limlted by guarantee) Unaudited Report and Financial Statements For the Year Ended 31 December 2024 (wGAINsr ART AGAINST KNIVES 4R/TY NO.. Charity number: 1140866 Company number.. 07462800 WWW.ARTAGAINSTKNIVES.COM Griffin Stone Moscrop & Co
DoLXJStsn Envaknpa ID.. 11174B624C7B4064-9osBDF25o74s8D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMENrs For the Year Ended 31 December 2024 Contents Reference and Adminlstrallve Informallon Report of the Trustees Flnancial Revlew 22 Independant Examlner's Report to Ihe Trustees 23 Statement of Financlal Activities 25 Balance Sheel 26 Notes to the Flnancial Statements 27 Griffin Stone Moscrop & Co
Docustgn EnveloFe ID.. 11174BW24C7B4D84-gCWBDF2507468D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMENTS For the Year Ended 31 December 2024 Reference and Admlnlstratlve Informatlon REFERENCE AND ADMINISTRATIVE INFORIAATION Our main activities and wfvo we support are d8scribed in the report below. All our charitable activlties focus on preventing youth violence and are undertaken to further our charitable purposes for the public benefit. The Trustees confirm that all activities ar8 in line wtlh the Charity Commission's Guidance. CHARITY NAME Art Against Knives CHARITY REGISTRATION NUMBER 1140866 COMPANY REGISTRATION NUMBER 07462800 REGISTERED OFFICE 21-27 Lamb's Conduit Street London, WC1N 3GS OPERATIONAL ADDRESS 162 High f4oad, East Finchley Lolldon, N2 9AS BANKERS CAF BANK 25 Kings Hill Avenue King Hill West Malling, ME19 CHARTERED ACcOUNTArS JS2 Ltd Crown House 1 Crown Square Woking, GU216HR Grfffin Stone Moscrop & Co
Docuslgn Envelope ID.. 11174Bfj2-3c7&4t184-8DF250748D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMEKrs For the Yèar Ended 31 December 2024 Reference and Admlnlstratlve Information BOARD OF TRUSTEES Alton Brown (Chair) (Vice chrI ITreasur$r) Naihan While James Pole Anna Hamilos Jamie Hilton Shereo Prospere Franklyn Addo Robina Lamch&Br8nnan Luke Solon (Resigned August 20241 (Resigned July 20241 (Resigned June 2024) (Resigned July 2024 (Resigned August 2024) Bindi McPartland Juliana Ruseva iffin St£e Moscrop& Co
D0cl10n Envelope ID.. 11I74B82-3C740e*gllF2sO7468D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMENTS For the Year Ended 31 December 2024 Trust90's Rgport TRUSTEES REPORT: ACHIEVEMENTS + ACTIVITIES ABOL OUR ORGANISATION For the past 15 years, Art Against Knives has k)een working to address the rt cause of violence in partnership wi-.h young people (aged 10-251 who are socialty excluded, putting them al risk of violence, abuse, exploi18tion and harm. Together, wekn designed safe. cre31we spaces that make il passible for them lo buikj their own hopeful futures. In these spaces, our team of cfftaIre. highly skilled professionals brings creative skills training, mentoring and specialist suppofi to them. at a pace and in a space that works for them. We focus on supporting socialty excluded your.,g people who are Most at risk of wolence, abuse and exploitation, ensuriThJ we're responding to tkeir unique needs ar putting them in the leao. In tandem with our direct suptx)rt, we make tt possible for young peop to imagine ihe change they want to see, ensuring their voices are heard wtthin the systems around them and pushing for change. We've eslabtished ourselves as one of London's pioneering youth justice organisatnS, making rt possible for thousands of young people lo design their own }fUl futures, re-design local setvices and inffluence national systems change. OUR VALUES 1. We CD-pmduce with youry people 2. We believe in collaLK)ration and the FJ)wer of relationships 3. We are crealDie 4. We safeguard yoJng people 5. We focus on long-terrri change 6. We centre justice and equity OUR STRATEGIC AIIAS 2023-2026 1. c0-desn higtFquality suopth for young peop. 2. Enable young people to create systemic change. 3. Cultwate a skilled, happy and healthy team. 4. Craft a robust, agile and anti-oppressive organisation. iffin stone Fkjscrop & Co
DDCU8+gn Enlope ID.. 11174862.7&It90OBDF2S07468D ART AGAINST KNIVES REPORT AND RNANCIAL sfATEMEKtS For the Year Endgd 31 December 2024 Tru$iee'$ Report IMPACT: COMMUNITY BASED DELIVERY MODEL 'AAK have become an e.%.%&ntlr1J VCS partner Kil?0 pace sei anci share in the same core valueo of petfon ,'pd L-01)roduclion, ediicc11ion, righits .2nd slrength-based approaches that consistenlly eng2ge empowèr ana ..r:.y(7 rl,•onlp -, rl,IAir,ltr 11I;ttr,jn rvidpr corr,,wiinit/s ' Barnet Children and Families Services We're proud to report that we supported 336 young people In 2024 making it possible for them to create their own futures free from Mon and harm. There are 4 elernentg to our dellvery model: 1. Reach & Engagement- how we reach arKJ build new relationships wkh young people., 2. Spaces & Projects- IK>W we sustsin these relatK)nships and suptM)rt their progression., 3. Direct Support-how we wovide tailored suiwt to prevent and resFX)nd to risk,. 4. System5 Change- how put young peop in the lead of tran5fomiing systems around them. HIGHLIGHTS. REACH + ENGAGEMENT We mobilised a new reach and engagement strategy that saw us f<KUS on we're building new relationships wfLh the next generation of young people. As a resull we sUstaird our commitmènt to ensuring that the majority of young people we meet are seK-tEer referred, meaning they engage with us out of choice and on their own terms and demonstrating t.ie effecliveness of ou. safe community spaces and trusted relationships es-.ablished with ou", team. This year, 1W we'e referrd by exlemal services and 819/0 were seifipeer referred. Our work this year included: The launch of a new yixrth.led communlcatlons plalfomi - we co4eswJned and launched our new digital communicalKins platform 'Next Gen. which included the development of new communications assets including a dedicated website. Instagram arKI TikTo¥ channels. and the co-design of new printed 'Nexi Gen, business cards with a QR code, ditcting YP to the new pla,,orrn - giving them a centralised home for all infomia-.ion about our spa5 arKI projects. We also p'.loted a new Whatsapp Community channel, in alignment wÈth our safeguarding policy. enabling us lo signtficantly streamline how cornrnunications are managed - with young peop now receiving a weekly broadcast of opportunities. A re-deslgn of our referral pn)cess and communlcatlons- we conducted a redesign of our referrals process to support professionals in making suitablelappropriate referrals. Based on shared learnings from young people, parents, and otr organisations. around how we share and communicate what we do and Grlffin StorE N05avp & Co
Docu3lw Envelope ID.. 1 1174B824c7D64-OsBDF2s07468D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMENrs For the Year Ended 31 Dec¢mber 2024 Trustee's Report the services we deliver. we have developed and slreiglhened our Gommunicatiois and created a new informalio? pack and referral form whh is now ceniral:.s on our website. On-golng comrnunlty based engagemenl actlvltle8- we've conlinued to pop-up across the community, makiig sure we're v sible ar.d presenE lo meet youyg peop where thevre at e.g. after schcK)I or at community events, including at Brent Cross Community Centre, a bcal.on identified by young people as a place to 'hang out, after school. Deepened engagement wlth schools- this year we've continued to devek)p our relationships with schools so that we can meet young wple "n their own educational enwronment. enabling Js to build relationsh ps and support them in accessing our comTun ty based support independently. This year we've had a presence ir) several local schcAAs includirg Pamllion PRU, Saracens arKI Friem Barnet School, delivering exciting social aclK)n projects. For example. we co-prodLced a 'zine' (digital Tragazine} project with young women from Saracens in which they ewored the concept of beauty. girlhood. and toxic beauly culture online, and how to develop a positwe and healthy relGtionsh';p with one's txxly. They captured all of this in a beautiful zine whh is rK)w availab lo From Oiir online HIGHLIGHTS: SPACES + PROJECTS We sustained and expanded our programme of creatNe spaces and projects across Bamet, focusing predominantly in the East and North West of the tK)rough making il possible for young people -0 gain strengthened personal, social and educaliinavemployment capabllities. significantly reducing their risk of violence, abuse anol exploitation. OUR SPACES We ran six safe, GreatNie cornmunity Spa Ihat were open all year round and free to all: Elevate (N2) The Design Studio INW9) The LAB {N2} St Ma5 & Sl Johns School Partnership (NW4} Peer Leader Academy {N2} Muay Thai IN2) Key to the success of our spa$ has been our new. versatile N2 flagship space which we moved lo in June 2023, This year, the space has realty come into.'ts own and given us the secu'.e base that we so urgendy needed to ensure-.hat we can provide consistent support and safety for young people. Our spaces this year inlUded.. Griffin Stone Mos¢Jop & Co
Ducu4n Envokpe ID.. 111748624CB4Dw96w2SO74fj8D ART AGAINST KNIVES REPORT AND FINANCIAL sTATEmErs For the Year Ended 31 December 2024 Tru$lee's Report ELEVATE & THE DESIGN STUDIO [Tue5days >6pm]- a dedicated, weekW creative space for young womenlgirls including tranJfnon-binary youro tEople, offering creative skills training and Iherapeulic activities including rail paintingl hair braiding. Embedded on the team are our own in-house Independent & Young Person's Domest"'c Abkn'se Advisors IIDVAJYPVA'S) who s1claI1Ze in supp)rting young people in relation to gender tRsed Molence, whethe". that be short-lemi crisis support or long-term early InteentiOn, prevention and advocacy. The Lab Iwednesdays 34pm] - a wee music slJi dio set up to 5UPP)rt youig people in writing, recordirrj and producing their own mus c. In The Lab. our yOLrth workers, creatwe professionals, trainee psychologists and Peer Leaders delwer 1.1 and group mentoring, targeted conversations and peer-to-peer learning sessions usirg our creative engagement tools. We a150 have a regular programme of crealNe workshops that range from graffrti to trainer design. for those who are less involved in milsic maknng. Muay Thal tTuesdays 6-7pm] - we launcheo this project in April 2024 in direct response to emerging themes. Peer Leaders worng cloly th participants in The LAB tr.usic ¥.udio las well as in schoo15 and outreach sessions), gave us feedback that or,e recurring arKI prevalent topic among young pEople is the link bebNeen physical and mental nealth, ar Ihe role of 2 healthy lrfestyle in m2int3ining good mental he31th. As a resLJIt, we launched a new weekty space in collaboration Kqth a k)cal Dojo, wyere young people can leam martial arts techniques, self-defence. medf(ation and receive support from our team of specialist youth workers. Peer Leader Academy Thursdays 1 1-2pm] - in September 2024 we launched the Peer Leaders Academy, a weekly space to support the personal and pro-essional development of Peer Leaders. This iTrcludes training on.. designing and facilitating social action workshops for groups of young people,. how lo be peer researchers,. producing events- devekiping public speaknng sk'lSs,' co-designing external presentations-, understanuing sa'.eguarding including how to maintain professional boundaries.. and Mental Health First Aid in sckK)oIs. OUR PROJECTS In addl(ion to Ihese spaces we host one-off proiec".s, including h(m)I holKlay provision, trips and rnaslerclasses in partnership wi h tre creative ir,d,istry w..tk partners such as Gucci and London College of Fashion, arKI a programme of creative workshops hosted by creatwe professionals. DATA FROM A SURVEY OF YOUNG PEOPLE ACRO OUR SPACES + PROJECTS T40k conSi(r themselves a rnember of Art Againsl Knwes family 90% saio tb.ey feel like the staff team at Art Against Knive5 un6efStands ther 87% said they feel I,ke they have the SUPFX)rt from the team at Art Against Kr.ives to accomplish their caliVe goals 87% said they feel like they have the supwrt from the tsam at Art Against Knives to accomplish their personal goals GrTffin Stone Moscrop &Co
DotUs Envelope ID: I1174B62-7BAD90QmBDF2SD7468D ART AGAINST KNIVES REPORT AND FINANCIAL sTATEmEs For the Year Ended 31 December 2024 Trust8&'s Report 790/c said they feel like they have the support from the team at Art Against Knives to access new opportunities, training or work 950A saKI that they fed safe as a direct result of coming to Art Against Knives spaces and having the suJJort of our team 90Yo said they feel like they get to take part ip. decision making at Art Against KnNes such as contributing ideas for projec-.s, trips, and equipmenl CASE STUDY: LIVE UNLIMITED- SOUND LWES This summer Live Unlimited comnissioqed us to delNer a week loro summer project for fme care leavers. We brought them together to create, produce and perfomi their own music. write tyrics and make bea:s using music software, as well as singing ar)d rappiThJ in a studio and learning how to market themselves as artists. Feedback was resoumlingty posit'ive. with 100% ofthe participants saying they would recommend il lo a friend. and they all have plans to come back to the Lab to team more and stay in touch with each other. "This has been an awakening, eXrimental and Ilberating ex&Ern. ltre tken searching for so long for a space where I can walk in and feel relaxed and welcome wyth open amis. where there is no agenda. This is who you are and Gome asyou are. I feel like thi5 ts a safe space.. Arl 'This has been motivatnal, ambitious, and encouraging. My favourite part was ordIng my vol. ltre never done this in my life and it allowed me to discover170w Ihe music industy works. I leamed if I vlant to do something with practice evei)rthing tEcomes easy. Thi5 is a place wh8re I feel safe and I believe I can learn something froffl here.-. Free Eaglè HIGHLIGHTS: DIRECT SUPPORT This year we have expanded our model for provding taik)red support to pvent and respond :o risk faced by young people. Across these Spa5. 100% of young people atr.ending have received suppjrt from our tearn of creative, highly skilled youth workers wh) have delriered creatwe skills training, mentoring and specialist support via trusted relatK)nships held., Our preventative support has been ongoing we continue to tackle the urKJetlwng foundations of vio18nce, abuse, exploitation and harm across our community. We've expanded our speclallst support wlth 7Ph ol young people receiviro on-going specialisl suptx)rt. Tnis includes support for girls, your)g worllen, r)on-binary and trans young people who are survwors of gender-based wolence. To enable this we have built our own capacity lo do this work through'irain.'ng our newly recnjited Senior Youih Worker to qualtFy as a YPVA (Youth Violence Acfvisor). We have also sustairod our valuable partnership with local organi5alion Youth RealitEs. where tfE YPVA role has prOv[d signifjcant domestic abuse and healthy relationship supp)rt to young people through the NW9 partnership. ffin Stone M03crop &Co
Docu9Th Envelope ID.. 11l74B62-3C7PAD8jOuBDF25O74e8D ART AGAINST KNIVES REPORT AND FINANCIAL sfATEMEfr¥rs For the Year Ended 31 December 2024 Trustee'8 Report "I personalty raced manyof the challenges young peOe encounter lo this day, pailiculdrly cgarding mental heallh. The support I receNed, both through music and the organisation's ron?muntty. was instrumental in helping me nawgate issues such as anxi8ty and low self-esteen7. This experience gives me a deep understanthng and empathy for the ment31 health struggles th81 oiing people may face. I believe this insight allows me lo relale to Ihem on a personal level, roviding a qafp .sLininrtii/P.Sngrg for thorv fo pxiire.fs tling5 8nd ovprcomF. .simil -h&llenges Young Person Our greatest arnIng continues to come frorp. how we reswnd'.c the eVerOIng needs ofyoung people and Ihe significant risk of wolence and harm they con'.inue to face.The UnrtaINtY of the externel environment is having a (X)nsIderab impact e.g. rising mental heath concems. financial vulnerability, experiences of racisT, online exploitation and gender4>ased violence. We've mitigated this by constant evolving OLJr model, incorporatirig new elements from othe" 8t p.. atr.ice mcKlels, sharing insights and collaborating with partners, and being as Ilexible and reswnsive to YP'S needs as wssible. Some of the recent prolific risks we're seeing are in relatior to gender-based Molence and includes.. experien5 of rape and sexual assault resukirNJ in siJicical ideation and risk to sexLJal health- gids as young as 13 being stalked and harrassed by male peers of the same age,. onl.ne grwming through daik web platforms,'and disclosures of historical parental abuse and parental sexual aSe. Tris year. we finished a piece of work that has criticalty considered gerxler and our role in providing an inclusive space to trans, non-binary and gender non<onfoming young people. This has seen a transition in terms of understanding, communication,language and tho proms on ttself, moving from a provision for 'women and girls, (which historicalty had a focus on cis-women and girls) to provision for 'girls. young women, non-binary and trans young people,. This year we've seen a signff',can". InCaSe in risk faced by pr8dotp,inantty black and brown young peop as a result in racist and Islamophobic violence Inflicted by dotrestic terrorists In our community. In moments this has heightened, the Sca of violence and pace of escalation that coukj wse risk to our young Peop has en impossible lo predi-t. We have do[ a cop.siderable amount of work lo safety plqn aroLJnd this, ensuring we're ready to mobilise supr)ort 5vfr.en required and clearfy communicate to our community of young people. We've also equippec ou.seeS to support Ihe ongoing and increased impact of the distres5 and anxiety experienced by black and brown young people and staff. HIGHLIGHTS: SYSTEMS CHANGE Grrffin Stone Moscrop & Co
Docu31gn Envelope ID.. 11174B62-3C7B4D84-gmg4BDF2507468D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMENrs For the Year Ended 31 De¢ember 2024 Trustg9's Report -1/4AICJ 1.4 rltJ.soluie esseiiliai Iri proviuiii heir model unioue is hov/ deeDlv rooteyl it is in (he communitv" - Young 8arnel FoJndation Our entire model is built on centring and amLII'fying youik.. voice and in shifting power to young people. We do this through an ongoing prOsS of co-prodJcb'on and by creatir..g opportunit.es for youig people :o both understand and communicate th-ir solutions for change. We worl< with them to ensure their voices are captured and heard within the systems around them, and that action is accounted for. This year we have continued to deepen our inpact arKI young wpk's influence externally, responding to contextual systemic movements and driving bcal systems change whilst increasing national visibility and sharing our learnings more widely. Some of our sceSS this year include= Transfomilng Barnet Counell's Chlldren's Servlces - we were successful in our partriership bid wlch the Council for the Violewe Reduction Unit's My Ends funding. w4ich is a Signrfant two year grant. We are continually building our relaiionship wqlh the relevant strategic Leads in tre Council. feeding into their policies and strategies, getting SUPF)Ort with risk data arLI feeoing important themes into the Council's thinking. We disseminate our leam,ng and best pract'ce to the wider sector by attending local council I CVS meetings, forums and other community setting5 (with young peo eruaged and reprented). EXAMPLE.. Actlon: our teani. attended Bamel Cotsncil's part[p ory session on 'Keeping Young People Safe Strategy 2024-27, which sets out the mults'_agency ard goals for safeguarding children and young people frorll criminal and sexual exploitation in Bamet. We contributed young people's insights in relation lo the importance of co-production and culturalty compeierrt support. Impact: Barnel's three year strategy has mw ixn UFxlated to reflect these [ecornendatlons and we have *cured resources to continue an orooiig relat onship wtth team adIng this WDrk, ensuring rea time insights are fed into local decision Taking and a-Ik)n is taken. EXAMPLE.. Actlon: we attended a Young Baet FoLndation Networrf meeting and delered a presentation on 'anti- povety oractice, to appr0Mate 50 professional> f'om Ihe CVS in the borough. Tnis included shariry learning from Ihis project and our c&pr(Kluction approach. io Griffin Stone Moscrop& Co
Docustgn Envelope ID". 1I1748624C7B4DO{Th8BJF2S074e8D ART AGAINST KNIVES REPORT AND FINANCIAL sTATEmEr$ For th¢ Year Ended 31 December 2024 Trustee'8 Report Impact: 50 community based organisations have a tEtler understanding ofthe mental health needs of young black men and an awareness ofhowto cTrproduce support seesth young people in a meaningful way. Influenclng natlonal polley change- we have activety participated in and supported national campaign collai)orations and attended mult'ple nationa5 nehvork even15 and strategic meetings, feeding in young people's insights and ideas lor chaige which have gone onto influence national policy and infom best practice. EXAMPLE.. Actlon: our Peer Leaders desKJned and hosted tfr.e 'Hold ng Our Own. event, one year on frorr. the rebase of the report they c(Fauthored lo raise awareness of the carnoaign within the kxal community and professionals in our network. The guide informs k)cal stakenokjers around how to irnplement non-policing 501utions to youth violence and hKJhlights the link Ileen state violence. racism aid Black mental health. Impact: this event was attended by multiple professionals and 30 young people who shared their mu51C and spoken word to amplify their messages ano c211s for char.ge. Their work went on to wiy the Sheila MacKenzie Foundation awa - for'Amplifying Voice, in W.1¢h we were awarded 'CaMpan of tne year., CASE STUDY.. Actlon: Peer Leaders invited the o"ganisation Art No- E ence to vis't thetn and other young people at The LAB to discuss the impact of the criminalisation of Black music and how "his impacts young Black trKFyS and men. In addition to this, one of our Youth Wo.'kers and Fxoject team spoke on the panel for their event Art Not Evidence.. All An les, discussing the racist sJppre5sw)n of rap music and highlighting the use of music and rap as an important Black cultural expression of emotional experiences (how il can be used as therap8utic expresJionl lrnpacl: Approximately 150 professionals heard atxiut our recommendations for change and the value of our community based mental health supwrt for young ack men. Amplltylng young people's volces through creative plattornis- we have done a considerable aThounl of work to develop our creat ve -ools ..or capturing youth voice by traininG our team in doing this through the mediums of wdca5t recording, ne making and track recording. Some of the highlights from this year include,. Multiple Podcast EpiscKles were recorded capturip,g conversations abDU- Black music and identity, the impact of social media on the communty and Black History Month, A young person has written an article about YBM Mental Health whh we published in a LAB 'ZINE' la small magazine) that was printed and distributed to other young people. li Grlffin Stor* Pkncrop& Co
Docusfgn Envpe ID". 11174B62.3C7&4DB4900UBDF25074680 ART AGAINST KNIVES REPORT AND FINANCIAL STATEMEwrs For the Year Ended 31 Dg¢ember 2024 Trustee'$ Report CASE STUDY: NHS YOUNG BLACK MEN'S MENTAL HEALTH PROJECT This year we completed our peer-re5earcn project commissioned by the NHS which saw a teom of young black men deliver social actlDn projects for their peers across schools in Barnet. A5 a result they c produced a set of findings on the barriers they yoJ".g olack men f8ce';n accessing and their experience of mental healtrh services and their recommendation5 for transformatNe charge. We then weil onto disseminate this leaming wb.ich included attendipg rnultiple Barnel wide Strategic mental heakh forums lo share this insight and recommendations e.g. presenting at a 'Community of Practice.. coproduction nerK meetir@' and sharing a map c(wrc¥Juced by Peer Leader5 of current stalulory and comrnunity mental heath semces. and an anatysis of this including 8 Sufnmary of what's missing. SURVEY FEEDBACK FROM THE SCHOOLS PROJECT 100% said they were more likew to talk akJ)ut their mental heath after attending the workshops. In parkn'cular, participants idenlrfied their family as peop they would speak to abodl their mental health. 100% said that their uiderstanding of mental health had improved after the workshop. None of the p2rticipants chose mental heath sewces as places they would ialk alJ)ut their mentsl health. Frorn our conversations with".hem, we feel this is becau of barriers related lo awareness of services, culture and difference. From the overall reffections of all those who were involved in the workshops, we carne to a-onclusion that "elalionship based strdlegtes are the best way to engage young people in talking about their mental health. 80% reported they rW understand Yow race impacts their mental health. 12 Griffln Stone Moscrop & Co
Docu¥gn Envelopè ID.. l1174862-3c7ND84[K18BDF2S07468D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMENTS For the Year Ended 31 D#¢ember 2024 Truslee's Report IMPACT: BUILDING A HAPPY TEAM We're proud to have an exceptional team in place including youth worf<ers, musTC prcxlucers. creative professionals and vionCe advisors. Our team holds an in4epth understanding of the issues which affect young people making thern uniquely placed to SJPPDrt their needs. Ensuring they e sLpporteu in nawgating this chaInging work was a key priority for us. wth several developments across 2024. OUR HOMEGROWN WORKFORCE We've continued to grow and develop our homegrown workforce. We trained and ernployed 10 young people In Peer Leader roles, and introouced Iwo new Tralnee Youth Worker Roles, in which two young men who have come through our creative spaces are rK)w employed full tirne. We developed a brand new space to support Ihe c5evek)pmer.t o, our Peer Leaders, 'the Peer Leader Academy. with two joining a Level 2 YoJth Worker GoJf5e. We continued to capture our leaming which infr)rrrEd tFE owoing devebpment of our Youth Employment Frarnework and supported the development of Peer Leaders through a new dedicated weekly space, and by adapting our governance to ensure we're Cating meaningfvl and supportNe employment oppOrtune$. OUR COMMITMENT TO ANTI-OPPRESSION + TRANSFORMATIVE JUSTICE This year we've deepened our commitment to anti-oppressK)n and transformatwe just ensuring we're acts'vety combatting the power, inequalty and oppression of young pp. Our amb'.tion 15 to grow an organization that shares power and uplifts minoTilised voices, create5 condit ons for self and collective care and resolution. and fosters a culture of lea'ning - where mistakes are leamt from, rather Ihan punished. In 2024, this work has included: The development of our Internal learning - we've co-designed rogular learning and reflective spaces which have been carefully plaincd ano delivered in reswnse to the key thee5 emerging from our work. including.. white supremacy culture. disabilty justice, radical safeguarding practe5 and preventative approaches to gender-based vK)lence. Creatlng condltlons for gelE and Collectlve care- we've expanded our supeNsion structure which we outsou'ced to our long-standing partrers MAC-UK. We cOeSnl new work schedules for the team that gives space lo delivery, refiective practice and collective leaming and decision-making, built in regular 13 Grfffin Stone Moscrop & Co
Docu31gn Envelope ID.. 11174B62-3C7u4D84-9LK)9-88DF2468D ART AGAINST KNIVES REPORT AND FINANCIAL STATEME1s For the Year Ended 31 December 2024 Tru8tee's Roport weeks of rest for-.he entire team. hosted regular 'away4ays' and introduced a new career break policy making it possible for long-standing team members to take Much needed breaks to rest and refresh. Adaptlng our policy and practlce- we've continued to leam atx)ut how we can ensure our policy and prac-.ice can enable equ'ty across the organisation ano improve the quality of our practice to ensure we're minimising harm. Some of the changes to practice included weekly collect've decision-making sessions, a rewew of our recruitment processes to ensure inclus'.wry and a review of our Day tKJlicy lo reftect the value of lived and professional experience. Policy reviews ano adaptations included updates to our Safeguarding Policy. EDI Policy, and our Staff Handbook. staff capacity rerrains a key challenge. As a result of young people's needs growing, alongside the increasing numbers engaging, our delivery team is often overstretched to meet these needs. In addition, supporting Peer Leaders and Trainee Youth Workers in their roles is resource heavy. We continue to struggle to secure the resource we need to ensure we're carir.g'.or our team ar.d creating cond.tions for safe practice e.g. supervision, whh is so Mtal to this work and for building the capacity we need to manage the complexty of risk. REFLECTIONS: FROM A PEER LEADER "Having been part of The Lab as a M)ung Ir50. Ie s hand how important spaces like these can be in the lives ofyoung people. My expenence there helpG¥J me grow, Iwild Gonfidence, and develop my pas&on for music. as well as feel a of 6 Gommunty. l experienced fIrsthaT the transformative impact ithas. I develo@ my foundation in music pIDduCtK, beat-makffng, mixing and v(xal reGordirw there. The space prowded me with a safe. creative environwEnt to express myself, develop my skills. and connect wth others. fhese earfy experiences shaped me and gave me a dP appreciation for the supKx)rtive community that has foste there. This backgft)undalso gives me a unique undetanding of the direct impact il has onyoungpeople s lives. I personallylaced many of the challenges young people encounter b this day, particulartyregarding menÈ31 health. The support I reG&ved, LK)th through rnuS and the organisatn,$ community. was instrumental in helping me naVate Issues such as anxEty and lowself-esteem. This exrEn gives me & deep understanding and empattiy for the mental17ealÈh strugg:'e5 thatyoung teDple may fats. I believe this insight allows me to late lo them on a peTronal level. prOVng a safe, suppytitrp space ftir them to express thr feelings and overcome &n7ilar challenges. Combining Myp810 for music and the community wrfh youth th f8els like a natural next step, and l in paSSnate about helping othets find tlieirpalh just like I did. Through my atAAK, I've discovered a stmng interest in youth work- having had the chance to mentoryouro teople Ie realised how rewarding it is to help others unlock their creative tentIal. 14 GrifFin Stone mcr(l &Co
Docustgn Fnvelope ID.. 11174B62-3C7&4t)84-9O8BDF250746BD ART AGAINST KNIVES REPORT AND FINANCIAL STATEMENTS For the Year Ended 31 December 2024 Trustee's Roport The Peer Leader role offers a unique opportunity for me to expkn th mypassion for musio énd my growing interest in youth work. Ultimalety, this role aluns with my desire to give back lo the Gommunity that shaped me, while also helping me expand myprofessionalsknll set. I'm excitedatvut the opportunity lo learn, grow, and make a positive impact IM young pwple's lives. all while pursuing mypetsonal artistic joumey." IMPACT: BUILDING A ROBUST ORGANISATION This year we conducted an operational review in orde. to streamline our operational processes and create capacity for our leadership team to focus on driving forkvard our systems change work. We spent the year co-designing and embedding new opemtional presseS .ncluding our delivery model and team rota, a new project management structure and new risk management txocesses. We came together to design and resource a new enabling role 'Operations and People c[Ordinat0r.tO maintain and build on these new internal systems, including ourfinancial, grant and impact management and recruiiment processes and ultimatety enabling our delThiery team lo thrive in their suptyjrt roles for young people. IMPACT MEASUREMENT One of the most significant devek)pments this year has been the work we've done to remew and update our impact measurement systems. easuring impact remains a chaInge as we do our best to dennStrate the CompxitY and effectivene5S of the A4K intervention, when there are so many orfferent ways young people draw on our support and opportunities. The flexibility. responsiveness and agility of our work means there is'no one size fits all, intewenlion, wf(h yourrfJ people comip.g in and out of contact, having c,fferent levels of mentoring support according to tqeir changing neeos and mary other variables along the way. This 'real world, and adaptive support makes it drficult to measure impact in traditional ways {e.g. measuring Ipact.before and afterf a specrfic, time-limited ir,terventionl. Measuring 'prevention' is also always challenging because we can never know 'what Inight have LEen' rfwe had.I't bn supports'ig a young person. Our organisational development work included= We restructured our evaluation framework. including buihdiro capacty into the delivery team's week to update data collecton tools and collect insight from young peop. 15 Grlffin St<** Moscrop & Co
Docustgn Envèbpè ID.. 11174862-3C7B.4D8*9009-8BDF2507468D ART AGAINST KNIVES REPORT AND FINANCIAL sfATEMEKrs For the Year Ended 31 December 2024 Truee.$ Report The devebpment of creatwe, youth4ed and participatory data collection methods including a 'snapshot' survey which we redesigned wi;h Peer Leaders to be more user-friendly for young people. and now all our spaces and PToiects collect the same data. We have designed a nK)bil":zation plan for 2025. including an update of our theoy of change and the development of 'dashboard' to make OLr Iwe 'data' more accessible lo t.e team, so we can use this to inform stratogic dccision rpaking li real tirr,e. We will also review our data collection systems, including explorng rnowng to a new database system as our current one has signfficant limitations. 'Il's clear that wtjrpassion and dedICatn is making a real dIfferen...SeeIng the welcoming Spa you've created ft)r them (young people) to express their catity. first hand. was eye-orening" London Communlly Foundatlon OUR FUNDERS + SUPPORTERS "Octopus c170se AAK to one of the charities p"tclJing ft)r funding at ournew event because we were excited by the potential ofpmviding funding to a charity y/ho'works (owatds systemK change and d(Es so through amplifying the voies ofyouth within their communites. Their impact felt deeply meaningful and something that our staff rneMte could connect to and get exutBd8bDut suppn9' Octopus Group Thanks to the generosity of our community of SUFJPOrters and funders, in 2024 we generated income of £826,536. In line with our organisational srowth. this represented an increase of 8% on the previous financial year. This also reflects AAK'S continued investmeit in fvndraising ard the development of a bng- term strategy agains: our airns to build a robust aid sustainable charity, with more proactive and strategic organisational and workforce planning aligned to our three-year Fan. With a surplus of over £66k, this also enabled us to finish the year on a relatwety slrong cash reserves positk)n. However, as we enter 2025, we are ever conscious of the precarious and unpredictable external landscape and Increasing constrained func'ng ervi". onmew.. In particular, we are beginnirlg to observe a drop in conversion rates from 'cold' bids, desptie consistently posilNe feedback on the qLJality of our applications. Through feedback from funders ano our own research. we are ever aware of the Unpredented demand for funding, as well as the prolrferation of Al technology resulting in an increase in the volume of applications being submitted overall (placing further press'Jre on grant team5 reviewing funding requests). A secondary impact is previous lesser-<nown funders being 'discovered' through Al resea,'ch. and consequen-,ly overwhelmed wth requests for SUPFKJrt. We are receNing consistent feedback from funders about 'record numbers, of applicatKJns. with one fvnder stating that numbers had increased by 3000Yo. 16 Grlffin Strfie Moscro &Co
Docuslgn Env6bJw10'. 1I174862.3C7&4D849tKSW8BDF2SJ7488D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMENTS For Ihg Year Ended 31 Oecembgr 2024 Trustee's Report We are extremely grateful to have received majo, granti this year through new relationships with the Paul Hamlyn Foundation ard the VRU My Ends Partnership Fund. These are major Wins for the charily, demonstrating lal the strength o!AAK's proposit.on boosted by receq: work around impact evaluation. and {b) the depth Oi relationships held resJlting ir invitations-.0 apply (respectivetyl. We also received significant new fLJnding Ihrough the Nab'onal Lottery Cost of Lr[ FJnd, whilst capilalising on strong partnerships and connections in Barnet, resuking in pOS"ve outcomes with LDie Unlimit1 for our surllmer programme, plus Grange Big Local Communty Grants and the Brenl Cross Town Community Fund. We were also grateful to receive ongoing and'continuation. grait i[OMe through several existing relationships, including the Young Barnet Foundation, V.ariaMar.na Foundation. Garfield Weslon Foundation, D'oyty Carte Charitable Foundation: Pilkirgtog General Charity Fund, arTrd City Bridge Foundation. This included major grants. Wtth particular thanks to the Mariamaria Foundalion, CtLy Bridge Founda',ion and Garfseld Weston, who awarded us w.th unrestricted and cofft incotlle - hJgely beneficial to our longer-lerm aims around sJstaiiability, aid enabling us to invest in organisational resilience. Final, we continued our relationships with several fuiders, including the NHS Inequalities Fund addressing the mental health inequalities of young Black men in Ba'net, feeding inio wder systems change work. We sustained lationShIpS and erYJagemenl Wit a range of other key funders and supporters, including the John Lyons Charity. GUCCI, Natioial Lottery Reacping Communities, Youth Music, and the London Community Foundation. We w5h lo thark all our existlDg furKlers for thei.. ongoing belief in our mission and commttment to AAK'S cause. as we cort.inJe Working togelher in partnership. We also recDgnise the &gnifiGant c0ntribLrt)nS from our indmdual oomrs and supporters. With this in mind, we are more grateful than ever lo our existing partners and supporters for their ongoing SUPPDrt, look to invest in and develop these fiJnd';ng partnerships as we enter the r)ew financial year. We also continue working towards the aims in our l-. come D ve15rficatton Plan, with corporate foundab'ons now representing a third of the OPFQrtunttEs on our pipeline. With upcoming launch of AAK'S powerful 'CHANGE' Exhibition c(Fproduced wi-.h young people, we Icok forwa,'d 10 welcoming all our existing supporters lo see and experience the impact of their funo.rrfJ. whilst using Ih':s as an opportunity lo expand our nelworks and attract new support to the charity. We also aim to build sales through our online arl gallery, considering how we can Use the new premises to generate income. wbilst also turniig our nail bars into a social enlerD.'ise. However there is a need to ra.se initial stal-bp funds for business modelling and feasibility work around these ideas, and it is challengig to balan this against the need to raise funds for our core delivery tnodel and sUPPOrt for young people (especially wrth limited resources). We will keep trying for this in 2025. After a great year in 2024, once again we express our deepe*.-trianks lo everyone who has supported our charity, not just financially but all te advice. guidance. and encouragement we have received. This has helped grow otsr cop.fidence and realise the p"ofound importance and relevance of A4K's work, not just to for beneficiaries. bul more widely againsl our aims arourd longer-lerm. social change. Times a increasingly tough for our commuiity. but witih the support of all those who recognise and believe in our work. we remain positive and determined to succeed. 17 Grtffin StonÈ Moscrop & Co
Docusfgn Envd(ye ID.. 11174B62-3C734D8WOg-8BDF2507468D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMENTS For the Year Ended 31 December 2024 Trustge's Report GOVERNANCE STRUCTURE + MANAGEMENT STATEM OFTRUSTEES RESPONSIBILITY Company law requires the Trustee5 to prepa f'nancial StatennIS for each financial year which give a true and fair wew Df the stale of affairs of Ihe charitable cofflpany as al the balance sheet date and of its incoming resources and application of sOurces, including incoryE and expendrture. for the financial year. In preparing those financial statemerrt5, the Irustees are required to.. Selgcl surfcable accounting policies and then appw them consistendy. Make judgew.ents and estimates thaL are reasoryable and prudent,. and Prepare tie financial statements on the going conrn basis unsS it is not appropriate to assume that the company will continue on that basis. The Trustees are responsible for maintaining proper accounting records which disclose qth reasonable accuracy at any time the financial rK)sfLion of the charitable company and to enable them lo ensure that the financial stalernents comply with the Companies Act 2006. The Trustees are also responsible for S8feguarding the assets of the charttable company and henGe for tsKing reasonable steps for the prevention and detection of fraud and othe.- irregularttEs. This report has bn prepared in accordance wlh the special provisions relaling to small companies within Part 15 ofthe Companies Act 2006. APPOINTMEwf OF TRUSTEES Newly appointed Trustees must be approved by d'reclors. The director5 may refuse an applicatlon for membership rf, acting reasonably and propedy. Irey consider it to be in '.he best interests of the clarity to refuse the application. The d rectors must consider any written represenlalK)ns the applicant fflay make about Ihe decision. The director's decision folk)wing any Tten representsts'ons must be nolffied to the applicant in writing but shall be final. GOVERNING DOCUMENT The organisation is a charfcable company limited by guarantee, incorFX)rated on 7 December 2010 and registered as a charity on 22 March 2011. The company was established under a Memorandum of Association which established the onjects and powers of the charitsble company and is governed under its Articles of Association. In the event of the company closing members are required to contribute an amount not exceeding £3. RISK POLICY The Truste&s Gontinue to undertake a revEw of the major risks to which the charity is expDsed.from which contribute tD our organisational risk regis:er. 18 Grrfffin Stone M05crop& Co
DOcu8n Envelopo ID.. 11174B62-3C78-4D84-gLNNDDF2507468D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMENTS For the Year Ended 31 DeC)ber 2024 Truslee's Report THE BOARD OF TFIUSTEES ALTON BROWN [CHAIRI-. Alton is a values4riven laade." with 17 years of experience li the charity sector, drpiing impacttul engageman-. programrr.es for lead ng UK stxirts & cultural organisations, where he enables organisations to drre tK)Sitwe social iTr.pact & for communrties. As the former Head of Youth Prograrnmes & Policy for the Birmingham 2022 Commonweath Game5, Alon led the team that delivered the mulli-awaFd-recogni*d youth prog?mme fo." the largest multi-sport ana cultural event in England sir)ce the Londor12012 Olympic Ganes. In 4is current role, Alton works for the Active Partnerships National Organisation, a nationwide neork of 43 sport and physical activtty organisations working to c.eate thè conditK)ns for an actwe nation. NATHAN WHITE [VICE CHAIRI: Nathan cuffentty works as a Skills Strategy Aofvisor at the Department for Education. Prior to thi5. he completed the Unlocked GradJates programme where he supporled and safeguarded some of our society's most vulnerable ard challenging young people in HMYOI Feltham., drafted a group policy paper fUSed on improvirvJ remand pn'soners, treatment. and was a member of UnloGked's inaugural Diversity and Inclusion Advtsory group. Wittr.. a particular interest in tackling inequalities in criminal justice and education. Nathan has also held a range of adwsory roles at various charities and initiatives. This includes be ng a n).ember of 'he Careerfs and Enterpr6se Company's 'effective transitions fund, sleeriro group, an arnbassa(k)r trustee at Unlocked Graduates and a governor of a local primary school. JAMES POLE trREASURERJ: James Pole is an ACA qualffied chartered accountanl who is a Finance Director at Universal Music. Since quali.ng in 2013 he has worked in va.ious financial roles across the music industry both in the UK and abroad and stkcialises in bridgiry the gap between creative and financial communtties. This is James. first tnjstee and treasurer role. He has gained charity sector experience working in a consultancy role for intem2tion.al development organisation IDinsight. IDin8ight work in impact evaluation for government trx)dies such, as DFID. CDC & UNICEF, as well as large philanthropic organisations such as The Bill & Melinda Gates Foundation and The Hewlett Foundation. ANNA HAMILOS: Anna is a passionate. empalhic indwidual with an ability to lead agile innovation programmes that result in positwe Sla1 irr..pacl. She is currentty Head of Engagement fjth the Cerrtre for Youth Impact and a Senior Associate with Collaborale CIC. Relationship and partnership building has been at the heart of her career. from her work at the GLA, Lordon 2012, CABE and Nesta. Anna was selected for the presluious Clore Experiellced Leadership coJrse, and received 360 Feedback, where she received top marks as an Emp)wering E1abler (someone who pmrilises organisalion and team visibility over personal gain and pro.Ile), a Courageous Changemaker {sorneone who injects a sense of urgency when necessary) and a Focused Strategist (commended for her ability to stay ai)reasl of, and adapt to, social, political and ecoFK>mic trerKls). JAMIE HILTON: Jamie has worked in post4isaster contexts in Peru and Hatti, delivering inlervenlions spanning all age groups. and in commun'.ty leadership roles in Colombia and South Africa. He has also worked as a surveyor for Deloitte,. in youth & outreach role5 at the Prince's Tnjst. particularfy arts & sports 19 Griffin Stone Moscrgp & Co
DocusVJn Envelope ID.. 11174B624C7B4DW90094BDF2507468D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMENTS For th& Year Ended 31 De¢ember 2024 Trustee's Rèport engagement,. and as lead for Save the Chilcren'5 work in the southeast. Jamie has since held consultancy and director roles at Beyond the Page. supporting trafficked women in Margate,. and al Fulham Good Neighbours- a charity dabr.g back 100 years- where he is the current CEO. SHERÈE PROSPERE: sher has worked within the voluntary sector since 2011, wthin various frontline positions across think-tanks and chartLab.;e organisalions including St Giles Trust and Leap Confronting Conflict where she currently work5 as a Senior Pr(yJramme Offer and Trainer. During her ca"ee," Sheree has spent time working within local communities in North and South London. leading on youth-led projects within campavJning, journalism, social enterprise and frontline work wrh young people who have experienced violen. county lines and trauma to currently project managing delivery programmes across London. Realising throughout her profession, that cieatpiity and the arts have aayS been at the foreiront of her work. to showcase the passion and talent of young pe-p and to proVe a plarform for conscious change. FRANKLYN ADDO [Resigned August 2024].. is a mu1lidisciInary artist and communty advocate. Groiving up in Hackney when it was in.arr.oJs for wvety and Crie, lÈterature and music helped him to make sense of his social context. Today, Franktyn writes about issues like poli bNtality in platforms like The Guardian and The Independent, in add tn to pujlishing his own similarty themed songs, poety and photography. His non-fiction debut A Quick f'p.g on Grime is fortFcorrirKJ on Jacaranda Books in sprirg 2023, while his latest single 'Ghetto AngeLs' for eX2PIe addresses geNtrati0n economic inequality. Franktyn embraces creattvity as a ther8peLrtiC twl and is an advocate of freedom of expression for young people, He is now one of the expert witnesses worknro lo challenge tTr misJse of music as ov'.dence in criminal proceedings, and tie blanket TnischaracterisatK)n of defendants as gang members. Before this, he spent years in varuS frontline contexts, managing programmes supporttng soffle of the nst disadvantaged and vulnerable young peop, nt rendY helping to socially rehabilitate survwors of violence in hospitals and local comrr.unttses. FIOBINA BRENNAN [Resigned July 2024]: Growip.g Jp in a tower block, with a family of docutllenlary filmmakers. Robina was always acutely aware of iss" es of illus-,1 and inequality. Following her law degree completed ivhilst working weekenis, she decided to move frotn her background in museum management to another charity to focus on partnerships, events, editorial and styling. As a former fashion magazine editor, Robina is passionate about crealmly and the arts as a Vehic for, and documen-or of, social change. Working ck)sely with youth Organisatr$ and young peopie daily. she is passK)nate aboLrt empowering young people at the margins of our society. BINDI MCPARTLAND [Resigned ju 2024]: B,'rKli McPartland has spent the last 22 years working within the advertising ar)d ma'keling sector. wlh a priTary"ocus on doital marketing. Her rales have varied from Head of Delivery, ProJramrr.e Director to freelart ConSuant, worknng with agencie5 to develop commercial capabiltties, opeotK)nal proTrsses and govemance to ensu optimal performance. Her 20 &iffin stone Moscrop& Co
Dt)cuslgn Enveh)p? ID: l1174P62.3C7&4D84-8BDFZs07468D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMENrs For the Year Ended 31 December 2024 Trustee's ReF)Ort interest in charty work began when she first vdunteer&J Victim Support as a support officer, visiting people at home to empower them to overcome emotional, psychological and practical effects of crime. LUKE SOLON [Resigned June 2024]: is a q -alffied doc.or and strategy consultant al PWC where he SLtpporis clients in the healthcare and life $cnceS ir.dustry to address their key strategic challeiges. Before this, he worked in induslry Wlth Astrazeneca. and McKinsey & Company where he started his consulting career. PrK)r to tnis he was a surgical:rainee irt I.e NHS. He has always trad a strong interest in the arts and the voluntary seclo. and qas worked wtth several charities to supwrt both strategy developmen-. and impact assessmer.t of the inteNentions they delNer. JULIANA RUSEVA [ReswJned August 202L].' Juliana is a qualffied comrnercial and corporate lawyer who has worked with FTSE100 clients tx)h in prvale practice ano in-hoJse. She will be pursuiig an MBA at London Business Schixil from the summer of 2022 and is a recognised female leader as a Laidlaw Sckv)lar and Forte Fellow. She has over 10 years of exper.ence in volunteering on the frontlines and in leadership positn$ for London based and international NGOS, the NHS. the London Fire Brigade, ar,d other youth education and mentoring-"ocLsed charitEs. Her expertise I'es in building youth mentoring prograrnmes, supporting strategy development, restructuring corporate Sla1 ie5wnsibility and ESG programmes, and creating youth emp'.oyment initiatives particularty in the art and lech sectors. THE LEADERSHIP TEAM Our Senlor Leadership Team is led by our CEO Dr Sally ZlotowltL Salty joined us in earty 2021 from MAC-UK where she was Director of Public Heah and PreventK)n, and was also part of Nesla's Digital & Social Health Team. She is a doctorate level researcher wf(h a unique skill-set that includes clinical and comwunity osychology, and also a lecturer ano speaker or comrnunity psychology, power. privilege and the role of slruclural inequa111ies in mental health. She has over 12 yea,.5 experience in corf)roducing and innovating public services in partnership with marginalised young peo. t1r communities and other stakeholders. Rickardo Stewart is our Head of Qualty & Innovation. reflecting our commitment to LEst practice - Rickardo is a social entrepreneur frorr. and embedded in the community, deeply trusted by young people IYPI and professionals (London's Youth Professional of the Year in 20181. He also works on the frontline as a Serious Youth Violence Specialist a-ross AAK'S prograr)mes. Rox Horton is our Safeguard:'ng Lead, drpiirrfJ our conteK(L.al safeguarding approach by delivering work in both community and educational seth'ngs: feeding back themat risks to partners such as 8arnet Council, Rox qLJalifieu as a social worker in 2007 prac-ised in statutory front line child protection for 10 years, and has led safeguarding in national chattties and schools. Rox also holds a Truste8 position at Gids Rock London. 21 GTTffin Stone MtrOp & Co
DocusFw Envelope ID.. 11174B624C78-4t)84-9UOWDF2507488 ART AGAINST KNIVES REPORT AND FINANCIAL STATEMEKrs For the Year Ended 31 Docember 2024 Trustee's Report Manpreet Pank, our Head of People & Operations. has over 14 years hybrid voluntary and corporate leadersh p experieice acros5 natK)nal charf(ies and roles in tfr.e commercial sector, stcla11$1ng in operations, teople and partnerships. She is professionalty 2nd personally driven to improve social impact. This year the leadership team was SUPPKJrted by our prewous CEO and Founder, Katy Dawe- who is an eXpernCed strategist ar scla11st in worknng with weallh holders and socialty excluded communities to drve social change. After founding AAK and building the charity over 10 years, she low works as a consultan.. supporting major brands s'Jch as SamsJng. Nike, Kell(og and rDn-profit organiiations inclJi ding The National Gallery and MAC-UK. She is a gradua-.e of the Clore Emerging Leaders programme and is a lecturer and stEaker in various foru5. FINANCIAL REVIEW RESULTS FOR THE PERIOD These accounts représenl Ihe results of the charity for the period from the start of the financial year on 1 st January lo 31st December 2024. During the period the charity had lolal income of £826,536 and lolal expenditure of £759,604 resulbng in a net Surplus for the year of £66,932. RESERVES POUCY The Trustees feel it is appropriate to Mntain tree reserves of four141 morrths of operating wsts which equate to £121,602. Free reserves are unreslricled. undesignated funds not tied up in fixed assets. The Board of Truslees reviews the reserves annuatly. Free reseryes are currently just below the target figure. AAK intend lo wntinue building their free reserves to m881 the largel. TRUSTEES, RESPONSIBILrrY IN RELATION TO THE FINANCIAL STATEMEPS Company law rg]uires the Trustees to prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the ¢hartlable company as at the balance sheet dale and of its incoffling resources and application of resources, including income and expenditure, lor the financial year. This report has been prepared in accordance with the special provisions relating lo small companies within Part 15 ot the Companies Act 2006. For the financial year ended 31 December 2024, the company was enlitled to exemption from audit under section 477 Companies Acl 2006. No member of the company has d8POSited a notice, pursuant to section 476. requiTing an audit of these financial statements under the T8quirernent ol the Companies Act 2006. Approved by the board of trustees on 2W2025 and sKJn8d on their behalf by trwjj Alton Brown Chair of Trustees ART AGAINST KNIVES IA company limtled by guarantee) 22 Grtffin Stone Moscrop & Co
Docu$fgn Envelope ID. 11174Bff2-3¢7M)84-K4J9-BBDF2507466D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMENrs For the Year Ended 31 December 2024 Independent ex8mlner's raport to the Trustees INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES Independont examlnefs report to the Trustees ot Art Agalnst Knlves (the 'charltV) I report to the charity Trustees on my examination of Ihe accounts of the ¢harÉty for the period ended 31 December 2024. This rèport is made solely to the ¢harity's Truslees, as a kx)dy, in accordance with Part 4 of th8 Charities (Accounls and ReFQrtsl Regulations 2008. My work has been undertaken so that I might slate lo the charity's Trustees those matters l am required to state to them in an independent examinerfs reFX)rt and for no other purpose. To the fullesl extent pemiitted by law, I do not accept or assume responsibility to anyone other than the charity and the charitls Trustees as a body, for my work or for this report. Responslbllltles and basls of report As the Trustees ol the charrty (and also its directors for the purp)ses of company lawl you are rèsponsible for the preparation ol the accounts in accordan¢& wth the requirements of the Companie5 Act 20061'the 2006 Act'l. Having satisfied myself that the accounts of the company are Not required lo be auditèd under Part 16 of the 2006 Act and are eligible for independerrt examination, I report in respect of my examination of the company's a¢counts as carried out under section 145 of the Charities Acl 20111'the 2011 Act,). In carrying out my examinalion I have followed all the applicaNe Directions gwen by the Charity Commission under section 145(Sllb) of Ihe 2011 Act. Independent examlnerfs slatement Since the company's gross income exceeded £250,000 your exatTTin8r must be a member of a boty listed in section 145 of the 2011 Act. I conlimi that l am qualified to undertake the examillation because l am a member ol the ICAEW, which is one of the listed bodies. Your attention is drawn lo the fad that Ihe chartty has prepared the accounts in accordance with AccoLJnting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102} in preference to the Accounting and Reporting by Charities.. Statement of Recomm8nded Practice issued on 1 April 2005 which is referred to in Ihe extant regulalions bul has been withdrawn. l understand Ihal this has been (fon8 in order for the acuntS to provide a true and lair view in accordance with the Generally Accepted AccounlirHJ Practic8 8ffecttve for reporting periods beginning on or after 1 JanLJary 2015. I have comp18t8d my examination. I can confirm that no matters have come lo my attenlitsn in connection with Ihe examination giving me cause to believe that in any malerial respect: 1. accounting records were not kept in respect d the company as required by seclion 386 of the 2006 23 Gmffin Stone Moscrop & Co
DoGU51gn Envep8 ID.. 11174B62-3C7&4D84-9OLDF2)7488D ART AGAINST KNIVES REPORT AND FINANCIAL STATEIllES For the Year Ended 31 December 2024 Independent examlneV$ pOrt to the Trustees 2. the accounts do nol accord with those records", or 3. the accounts do not comply wilh the applicable requirements of section 396 of the 2006 Act other than any requirgmènt that the accounls give a Irue and fair, view which is not a matter considered as part ol an independent examinalion. or 4. the accounts have not been prepared in accordance wtlh the methods and principles of the Slalement ol Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounls in accordance wtth the Financial ReFrf)rting Standard appliGable in the UK and Republic of Ireland IFRS 102)]. I have no ¢on¢ems arwj have come across no other matters in connection with the examinalion lo which attenlion should be drawn in this report in order to enable a proper understanding of the accounts to be rèached. Sign8d: Dated: 26L4kHtr- Robert Smith FCA Grlffln Stone Moscrop & Co Chartered Accountants 21-27 Lamb's Conduit Street London WC1 N 3GS 24 Grfffin Stone Moscro &Co
Docuslgn Envelope ID.. 1l1748624c784D819-8BDF2sOY468D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMETr¥rs For tha Yaar Ended 31 December 2024 Slatem8nt of Flnanclal Activlty {SOFA) Note Un$tcted Fd5 Restrlcted Funds Total Funds 2024 Tot Funds 2023 come & EndowmEnts D()nati$ & L9gacies hvastment hveslments Training aNJ prclecis 31814 31814 44,616 254 152,7C(I 640,588 793,288 722,962 Total Incom 185,948 824636 787.832 E>pendItU on: Costs ofrdi4rg furKIs Trainlng prc4eds 68,841 85.971 e8,841 690,763 56,674 696,725 61>4,792 Total Expenthbjre 154,812 604,792 759,604 653,399 Nd hc0nRI(Ey¥tht9) for thfryearbeforo tran$krs 31.136 7% 64932 114,483 Tran%fgrs betWn fiJKIs Not (E4Janditureyhc£mt fortroyear 31,1 35,796 114.433 Net movem In ILmd$ 31.136 35,796 6Q932 114,433 Ba1c9S bro N¥aft1 at1 st Jaruary 2Q24 Balances ¢aFried fThard al 315t Dernnlxr2024 80,811 283,205 168,772 111,947 238,190 0,137 283.2 I dixloyJ8$ relate ortyto ¢orthrung acfi¥Élies. gAins #nd knsses intt are incbjdtrd akthp. All Income intt PriDry6arwas westrided exrep* fijr Tra19 ProiodsirKom of £631,103. 1 oyenditure inthe prIc¢araS umslridod ey£eptfc¢ TYaitiNJ ard oi8Cts costs of£564,973. 25 &lffln 5torLe Moscrop & Co
Docuslgn Envdope ID.. 11174B82.3C7&4DB4-9tl9-8DF2jr46BD ART AGAINST KNIVES REPORT AND FINANCIAL sTATEMErs For the Year End8d 31 December 2024 Balance Sheet Notè Flxkd A$s¢t I$stentS T8ngiblg Fixed Pssgls 13 14 497 1.159 1.160 Cuntnt Asstts Deblo Cash at bank and in hand 83.426 230.046 388.887 313.472 Cr6ditors_ amounts fallina due wtthin ong yèar 12 39,248 31.427 Not cuff•nt us$Èts 349.639 282,045 Total not as8tt$ 350,137 283,205 Funds Re51rt¢tèé Unrestrictad - Gonfyr81 15 15 238.190 111.947 202.394 80,811 350,137 283.205 The finanoal slal8menls have be prepaBd n 8(t(Kd8nts oplic¥ble to 0)MeS subject to thFJ sm811 companies règime. The Trustees consider th81 thé umpany is enlittga tc 0Xt)n from th& requiramèrt lo have 8LwJil under the prowsions ol sèction 477 01 lh8 Companigs 2[.;''> ali d nembers h0 not reqÈHred Ihe ctmpany to obl8ln an audr( lorthe y8arin que5tKM li actordanc6'Nlh seCtiC 476 of thè Ad. The Trustèés acthovd8dgo 1hoirr9sponsibills ftr.- o)mplying wth thé tsqurements of th& C(npanles A(12006 4th respecl tc> a(xfJLIing reccKds and Ihg prep8r&ion of statwn8nts. The linanoal statements were apPrd and eultrKJriqed for by thè Tnjstees cr . 2S1912025 on their b8holl. by.. 8nd 5ign8d Alton Bro¥ Chtir ol Tnjsteèg 26 Griffin Stone Moscro &Co
DocusvJD Env81op8 ID.. 11174882-3C784D84-90098BDF2507468D ART AGAINST KNIVES REPORT AND FINANCIAL STATEME For the Year Ended 31 December 2024 Note8 to the Flnan¢lal Ststemonts l. Accountlng policles Charlty Informallon Art Against Knives is a registered charity. The principal address is 21-27 Lambs CoThJuit Street. Londo WC1N 3GS. Basls of preparatlon The financial statements have been Prepared in acC0Tdan with Accounting and Reporting by charili8s: Statement of Recotnrnended Practice applicable to charities preparing their accoullls in accordance with the Financial ReFK)rt Standard applicable in the UK and Republic ol Ireland IFRS 102 - effective 1 January 20191- (Charities SORP FRS 1021. Art against Knives meets the definition ol a public benefit entity Urer FFIS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note. Golng concern The Trustees consider that there are no materid uncertainties about the ¢hartlls ability to continue as a going concern. Grants Grants are recognised as income when the entitlement lo the grant IS rtaIn. Grants made towards the costs ol specific activities and services are classified as restricted income. Where services are not lully delivered in th6 period the reslricted income was received, the balance of the grant is held in restricted funds. Grants towards the cost ol acquiring assets are classified as restricted income when received. A transfer is then made from restricted funds to unrestricled funds to reflect the purchase ol capital items. Grants that provide core funding or a general contribution to the charity are included in voluntary income. Voluntary Income Voluntary income includes donations froTll indwiduals. trusts and companies, unrestricted grants and legacies. Donatlons Donations are recognised in the accounting period in which they are received. Donated goods. lacllities or services are recognised when the charity has control over them, any conditions associated with tfve donated item have been mel, the receipt of ewnomiG benefft Iroffl the use by the charity of the item is probable and that economic benefit can be measur8d rèliably. On receipt, donated services or fa¢iltties are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay io obtain services or facilities of equivalent economic benefit on the open market. a corresponding amount Is then recognised in expendtlure in the period of receipt. Investment Income Investment incorne is included gross or at the amounts receivable plus the attributable tax credit. Fees and sales Fees for the supply of seNices are recognised when earned. Income received in advance lor services to be delivered in the following year is treated as deferred income and induded in creditors. 27 Griffin Stone M¢)scrop & Co
t)0w9n Envelopè ID.. 11174B82-3C7M)84-9W9-88OF25Q7488D ART AGAINST KNIVES REPORT AND FINANCIAL STATEklEKrs For the Year Ended 31 Decgmber 2024 Note8 to the Financial Slalements 1. Accounllng pollcles (Contlnued) Fund accounllng Restricted funds are subj8Ct to restrictions imposed by the donor or by the specific terms ol ihe chaiily appeal. These are accounted for separately from unreslricted funds. Details of restricted funds are shown al Nole 15 Unrestricted funds are those which are not subject lo restrictions. Any surpluses are available for use at the discretion of th8 trustees in furtheran of the obj8clives of the charity. Expendlture Cosls apportioned to activities include costs of staff time spent on each area of activity, costs direthly Incurred in order to deliver the activity, an(1 support Costs apportioned acrdIng to the ratio of slaff lime on the area of activity to lolal staff lime. Penslon costs The charity operates a group personal pension scheme. Th8 assels of the scheme are held separately from those of ihe charity in independently administered funds. Payments in respect ol currenl servic6 contributions are charged in the awounts as they I1 due. Flxed assets Tangible fixed assets ¢05ting Ore than £500 are capitalised and depreciated over their useful lives and shown in the balance sheet al cost less accurnulaled depreciation. Depreciation is provided at the following rate: Computers and other equipment - 25Vo per annum. Cash and cash equlvalenls Cash at bank and cash in hand indudes cash and short le highly IiquKI investments with a short malurrty of three months or less from the dale of acquisition or opening of the deposit or similar account. Financlal Instruments The charity only has financial assets and financial liabilities of a knnd that quality as baslc financial inslrumenls. Basic financial instruments are initiatly recognised at transaction vue and subsequently measured at their settlement value. VAT ExperKliture incILeS VAT which Cannot be fully recover1 from HM Revenue and Cusloms. Llabllllies The arua]S concept is applied. Liabilities are recognised as soon as a legal or constructive obligation arises. Tax stalus The company is a registered charity and is not liable to Corporation Tax on its current aclivilies. 28 Griffin St<e Moscrcp & Co
Docusfgn Envdope ID: 11174B62.3C7&4D84WMWBDF2507468D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMEMrs For the Year Ended 31 December 2024 Notes to the Flnanclal Statements 1. Accountlng pollcles {contlnued) Crltlcal estlmates and judgements In the application of Ihe tharity's awourrting policies. the trustees are required to make judJements, estimates and assumptions about the carrying atnount of assels and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual resu]ts may differ from th8se estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is rewsed where th8 revision alfecls only that period, or in the period of the revision and future periods where the revision affects both current and tLrture periods. Measurement ol flnanclal a88et8 and flnanclal Ilabllltles Basic financial assets, which include deblors and cash and bank balances, aro initially measured at Iransaction price including Iransaction costs and are subsequently carried al amortised cost using the ellective interesl method unless the arrangement constitutes a financing transaction, where the Iransaction IS measured at th8 present value of the fLrture receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities, including creditors dj bank loans ar8 initially recc4Jntsed al transaction prica nless the arrangement conslitutes a financing transaction, wher8 thg debt instrumenl is measured at the present value ol the future payments discounted at a tnarkel rate of interest. Financid liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried al amortised cost, using the effecltve interest rate rnethod, Trade creditors are obligations to pay for gocrtJs or serwces that have been acquired in the ordinary coursè of operations from suppliers. Amounts payable are classified as curront liabilTlies if payment is due within one year or less. If not, they are presented as non-currenl liabilities. Trade creditors are recognised initially al transaction price and subsequently measured at amortised cost using the effective interest method. 29 GTifFin Stone MosLyop & CD
Docuslgn Envelope ID,. 11174862-3c7&4Wo9BDF25O7468D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMEMrs For the Year Ended 31 December 2024 Notes to the Flnanclal Statem¢Ms 2 Don4tlpn# & Lèg8cI•8 Unr8Strk&J R&stted 2024 2023 Sranls and don81ions 32.814 32.8',4 44,616 32.814 32,814 44.616 3 Iny•slmont Incom• Unr8strKLOd Rg$b5 2023 hv¥stmont hrnenter8$t 434 434 254 434 434 4 Trnlnlng and proJ•eti Unrvthided ReSta 2Ct24 2023 Aganst Knwa5 Our Hand8 ve Coll8borntions Bamet Carsrs 152.7) 3¢9.245 234.439 148.104 61.5C 286.972 163.7fJJ 160.867 111.363 234.439 148.10¢ 81.5(M) 152.7rxJ 640.588 7.288 772.2 S Cost of rvl$lng fund8 UnrgrKt Re5thknJ 2024 stoft (x)sis Fundrasing cost Sjpport Costs 16,183 43.078 10.093 38,731 43.078 88.841 e8,841 56.874 Ind•pnd•rrt èxamlnallon f••s Included within govemance ¢ost Is r8.066122- £2,920) rdaiftg to trldepwdthit 8x8nalOn fè*. 30 Griffin Stone Moscrop & Co
Docu8lgn Envel(ye ID.. 11174B62-3C7B4DB4-s-aDF2sO7468D ART AGAINST KNIVES REPORT AND FINANCIAL STATEMEprrs For the Year Ended 31 December 2024 Notes to the Flnanclal stsiements 7 Trajnlng and Pr0cts Dlred Costs Um4rtct•d Re51rirted SL4)wl costs lSed Restrided 2024 2023 Art Agalnsl Krfves 66.061 q57.288 121.641 86,702 12235 17A25 11,486 7215 124934 29.106 171J40 205,250 203?19 150,161 9817 191,600 15B,589 167,920 51,619 Cr0aUw Spacos Bamel Carw5 433,712 48A61 171,080 653253 569,729 Admlnand WFV¢rt 16J)76 16P76 11570 GovwarKè cost 21 21 34 34 21434 690.763 15 433712 37 171 80 696 726 t An•tys15 rfgupporteosts 2024 2023 86,163 20821 1A56 26y5 213 29292 6908 495 924 72 12 605 133 17?19 4226 303 SA20 4M32 IM69 77 1A96 137,906 32.$24 2,331 42,486 340 56 2,848 629 423 93A26 32,858 2,334 29,259 626 91 6,6S5 190 529 Profe3slor01 s8c•s Iulare Offlca expendlur Travel Storage IrE¥)enses Deproclallon 1.779 393 370 82 94 21 14 137.169 46ts31 28526 7216 2fgy2 166.276 spOrt eosls haw boen apporforfjd LoltyJl7* Mtlo orom• sperlf0rehempl0pO 31 Griffin Stone Moscrop & Co
Dovjsign Envebpo ID,. 111748624C7B4W9(M)uBtF2507468D AKf AGAINST KNIVES REPORT AND FINANCIAL STATEMEfvirs For th& Year Ended 31 December 2024 Notes to the Flnandal Statements 9 Star costs x)23 Wegès 8nd sa$ liona Inrco Pensioi cc6ts 413,3 41,OE 10,513 377.776 35.245 9.449 4E4,915 422,470 localacl 89 ILIIows.' Fundr8ising Trainrig ld proja15 miniStr&m ond sjppc 16.183 3K2.589 ,163 10,Og3 361.985 5?.3 4e4.915 4L,470 Z)23 15 Awag9 number ol ryloyee5 numbar cl full tim 17 No recerrfecl 9mdllWts In &xcess d th)m) [WDuM. 10 Board of Tru#eo No weré paid 10 Trustees. padto Trusts 11 Dthors Trade torS Cru incc¥ne pr8pfjMts Other debtors 11,414 .3 16,6YJ 16,63 83,426 AJI debty$ 8r•rec8b1e wthin oReyo. 12 Credltcn- an(wnts lalkng duahihln cney Z¢24 Trade crt5 Taxatiffl sctial security Ac(su4s 15,2 12,384 11,6C6 12,0SJ 12,8 39.248 31,427 32 Griffin Stone Mosuop &Co
Docusign Envelope ID.. 11l74B62.3C784Dj)DF25O74B8D AFrr AGAINST KNIVES REPORT AND FINANCIAL STATEMENTS For the Year Ended 31 December 2024 Notes to the FlnancÈal Slatgm8nts 13 Flx8d Asset Investmonls 2024 2023 knves¢ments Valw at 1 JaY#Jttry2024 VI# at 31 Docèmbgr 2024 Art Agalnsl Krlws ha8 a wJ)sldl•ry WKlortaklry caH•d Art Agalrsl Krkns TrathTrJ Ltd (reglslerod kn EnglgT¥I arKI Wales wlth Compary Tr). Q7786806). The s5[18ry, Arl AgaSt Krlve5 TradltvJ Ltd.Is ¢LYlroled byArt Agafin Kth5 ho1 ¢wJpgry), rtu8 of beln9 Its ?010 Member, and p¢)vrto oppolnt dlrectors to kno board sthslthary. The loss ofthg SbdryS£0 (2023:£0) aTrJ ret assets am0ed to £0 f2023.'£0) as 913108cembtr2024. 14 Tanglbkn Flxed 2024 Equtpment Cost At 1 JaM¢ry2024 3.045 Al 3108t•mb•r2024 3.045 Depreelalhn Al 1 Jaary2024 Chary• foruw y•OF 1.886 At 31 Dte$mbèr2024 2.5¢8 NotbookVa9 Al l JaNary2024 Al 31 December2024 49 33 Griffin Stone Moscrop & Co
Docu51gn Envelope ID.. 11l74B82-3c7DWJOuBDF25o74eO ART AGAINST KNIVES REPORT AND HNANCIAL STATEMENTS For tho Yèar Ended 31 December 2024 Not88 to the FinanGlal Stalemenls 15 Summory of funds Movement In Resou8$ Bgknee 1stJan Bolance 31stDec Incomlng l)utgolng Tm$fer Restrlct•d rt Agansr In Qur HS Cr$ative Spas arnot tsers 18.3&9 61,(kll 62,475 .487 196,5 134,439 148,1( 61.8(Q I.015 1.394 138,681 86,7 21.8 Og.139 71,898 ,285 201 e40, 604.7 T88,1QO Unrnslrf¢tad Ufire8trCÈd fjJnd9 .811 185,948 154.812 111,947 8).811 1.948 154.812 111.947 Balan 1stth InroNMng OLrtgotng Balanc¢ 31$1 Dgc TrwsFer Rostrlded Art Aganst Knt¥OS In Our Hands Cwbv& spe5 Barnet C&¢rs 186,113 163,7 169.867 111,3G3 I,463 157,0 1e8.$45 ,876 18,338 81,094 62,475 .487 54.424 59.1&3 1.103 5FA.974 201394 Unrtstslctsd Unresknctd fvnd9 319)7 136.7 88.4 80,811 32.Y)7 130.729 ,425 rt 8Janst KTr". Our lNery funding us 10 respxd floxiy lovn9 pecplets rgqJtsIcfeaknlK &tMtieS. In Our H5.. Cur IN OUR Pfcgfrn8 deliyers free =rnUnY Na Bars f Yng 89od 12.3J in London. W¢ pru¢ide thwfi thè Cpkvtunty to Iw 51dls, gd ihqr nths pted frre. scoaise in a sale rAw. dgddr4) iita wg)n81 skills collrN4y td<e tiO[$ d1s8s VKlenco nSt & Girts.W• r(anIty h05t thr8aYrféeldy 41P ccrnmunty nal bars wrth 8 rQg progranTh of aCtMti. creatr Sp&es Proovwn THE LIB we4ty mu&c inthstry-sfdXd to mSiGmaang, prrduan9. rOrdIng, e0. digita grtyhic thilb traning. TrE SWCIO.. H(.s ¢r ptrfjwr project One Rea Telk Tho pc4cast is creoled Iw young peLwle briiging loM8rd thè tq)Ks. ev1Tr5 dtscussiofts tha m&tgr lo than. M?TUBL CREIM CURRICULUM. 8 p[re d 119 'P,g v4th tw18 prc4b0nas. to¥oung wcplo from acrL%S our prffjrJnm Ihoseytho arg une to 8CCBss spaces i? r$. Bamet Caw¥. ThB fvJn¢thng 8nd psthfhlp lo tk, ref4rd a-fi$YOUnQ ersIrn Cwers, manring yofrarnie ye¥10 ujr pr(grarJne5 ISr tsnn 01 rreDt£Ying. Griffin Stone M05crcF & Co
Docu$n Envelope IL).. 11174862-3C7B4D84-9CK)weBDF2746SD AFIT AGAINST KNIVES REPORT AND FINANCIAL STATEIAENTS For the Year Ended 31 December 2024 Not8s to the Flnanclal stsiements 16 Analysls of net ¢harSty assets b•lsY¢en fund¥ iknr¢stri¢t8d Rosttlctgd runds lund$ TDt runds 202A Tgible fixèd assets Curr8nt Currènt li&11.¢5 498 143,07? 131.6251 498 245,812 388.888 ,6231 139.2481 Total net essets 111.949 238.189 Unrestslcted R¢¥trfet¢d nds ndg rot8J fund T8ngible fixed assets Currert assots Cuffenl liabillies 60 8.160 20Q.405 313.472 17,0111 131.4271 124,4161 .811 202.394 63.205 7 Rtlat¢d patrtytrnnsactitsnB AJ8nst cws 100% of thè shares olkk ¥st Knp4 Trwjiig Iirrit. end of wh fnanclèl yo¥, M Knbles Tr8dng Lirnkèd ¢nlS ils proffts to D0 Ihg t0 31 Lcber 20X. tho chwty wepi?d £0 12023- £.0) from Ihe C)panY. Totel dondwjns ol £0 I2023~ £240lwèrE) rp1&y trom inElegS n the year. 18 Op•rating leas? Ct>mmlbntnt8 the worting sd date the ¢¢DwY rollLmg t1re murn Ie pasTh6nts ldèrnll8b1e oparang lfrases iai forDrwwtvlwhlth tdl due as frAI(YPK5'. Less thw orp year Ono lo ffN8 [5 32,500 74,795 32.500 107,2 1072 The Cp8[ng le&e ab rdaes to th&PropertiJal 162 H.. RLS, LcTrJM N2AO S. Thè pwle ¢nI E £32,500 per 8mum. The Ifffj$8 t¢m 1$ 10 yess Mth a broth e cx)mmonrd or* 1. 35 Grfffin Stone Moscrop & Co