Company number: 07640644 – Charity number: 1142548 



## Contents 

## Preface – 7 

## **CHAPTER 1:** Objectives & Activities – 9 

- 1.1 Objectives 

- 1.2 Activities 

## **CHAPTER 2:** Impact & Performance – 11 

- 2.1 Service Delivery 

- 2.2 Fundraising 

- 2.3 Staff & Volunteers 

## **CHAPTER 3:** Financial Review – 19 

- 3.1 Funds Raised 

- 3.2 Expenditure 

- 3.3 Reserves Policy 

## **CHAPTER 4:** Structure, Governance & Management – 22 

- 4.1 Governing Document 

- 4.2 Governance 

- 4.3 Recruitment & Appointment of Trustees 

- 4.4 Trustee Induction & Training 

- 4.5 Organisational Structure & Decision Making 

- 4.6 Remuneration of Key Management Personnel 

- 4.7 Risk Assessment 

## **CHAPTER 5:** Reference & Administrative Details – 27 

- 5.1 Charity Details 

- 5.2 Statement of Trustees’ Responsibilities 

## **CHAPTER 6:** Independent examiner's report – 32 

## **CHAPTER 7:** Financial Statements – 35 

- 7.1 Statement of financial activities 

- 7.2 Balance sheet 

- 7.3 Statement of cash flows 

- 7.4 Notes to the financial statements 

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## A Message From Our CEO 

Building on the impact of our work from the previous year, we are incredibly proud to have delivered our inspiring, life-changing workshops to over 42,500 young people across the country in 2023/24. This takes the total number of young people we’ve reached since Diversity Role Models was founded in 2011 to almost 250,000, in more than 1,000 schools. We could not have achieved this or changed so many lives without the dedication of our brilliant staff and volunteers, as well as the unwavering support of our partners and donors. 


Alex Feis-Bryce (he/him) 

Our delivery model is founded on best practice, and we use techniques to build empathy and maximise learning and engagement. We're confident that the content we deliver in the classroom has a significant and often life-changing impact to the young people taking part. Our impact was reinforced this year by the independent evaluation of our three-year ‘Embracing Difference, Ending Bullying’ project that was funded by the Department for Education (DfE). It showed that both young people and staff in schools felt more confident and equipped to tackle bullying after attending one of our workshops. 94% of school staff reported that they were more confident to make changes that will ensure their school is more inclusive after participating in one of our workshops. 

The evaluation also included perhaps my favourite feedback from a student following a workshop: "Strong people stand up for themselves, but the strongest stand up for others". It beautifully captures the school environment we’re striving to create. It is a reminder that our work doesn’t just benefit the young people who might themselves be bullied for being LGBTQ+ or perceived as different; it also inspires all young people to embrace and support each other for who they are – qualities that are the foundations for a fairer, more compassionate society. 

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As well as demonstrating the quality and impact of our work, the evaluation also highlighted the ongoing need for interventions to prevent bullying based on perceived difference in schools. In secondary schools, for example, 32% of young people reported bullying based on sexuality and 31% based on gender expression – i.e., not behaving like a typical boy or girl. 

Bullying can severely affect children and young people's education leading to decline in attendance and academic performance, mental health issues, and isolation or social withdrawal. It impacts everyone and can create a negative atmosphere within the classroom and school. 

So, whilst we’re rightly proud of our achievements in 2023/24, we’re also humbled and spurred-on by the knowledge that there are so many schools and young people that haven’t yet benefited from our work. Looking ahead to 2024/25, our focus is on deepening our impact. 

I want to thank our staff and volunteers for their hard work and our funders for their crucial support. I also want to remind you all that bullying based on difference is still prevalent in schools. Our mission is far from over: we need your continued support to make our vision of a world where everyone embraces diversity and can thrive a reality. 

Alex Feis-Bryce (he/him) Chief Executive Officer 

4 



## A Message From Our Chair 

As Chair of Diversity Role Models, I am reflecting on a year of both progress and challenge. Our charity remains steadfast in its mission to prevent bullying and create inclusive school environments where all young people, regardless of their difference, can thrive. 

This year, we directly reached over 42,500 young people, bringing total participation in our classroom workshops to nearly 250,000 since our founding in 2011. We have continued to deliver impactful workshops, train educators, and develop vital resources, ensuring that schools across the country are equipped to create cultures of inclusion. None of this would be possible without the commitment of our staff, volunteers, trustees, donors, and partners. To each of you, I extend my deepest gratitude. 


Christopher Drennen (he/him) 

A key milestone this year was the completion of our highly successful Department for Education-funded project, _Embracing Difference, Ending Bullying_ . Over three years, this transformational initiative provided vital anti-bullying interventions, equipping both students and staff with the confidence and knowledge to create safer, more inclusive schools. An independent evaluation conducted by experts at the National Council for Voluntary Organisations (NCVO) confirmed the deep impact of our work, with students and staff reporting increased confidence in addressing bullying and fostering inclusive environments. While this funding has now ended, its legacy will continue to shape our strategy moving forward. 

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At the same time, we have worked diligently to strengthen our governance and operational efficiency to ensure the long-term sustainability of our charity. We have enhanced our internal processes, refined our financial management, and reinforced our commitment to transparency and accountability. Our top priority is maintaining best practices in safeguarding, ensuring the utmost safety and well-being of everyone involved in our work, especially young people. 

We must also acknowledge the broader challenges ahead. The political and economic landscape of 2023–2024 brought considerable uncertainty, including a freeze in UK government grants that previously supported anti-bullying and diversity initiatives, as well as increasing pressures and competition in the fundraising environment, particularly among corporate donors. While we remain steadfast in our mission, securing sustainable funding will be key to ensuring we can continue delivering our essential programmes to young people across the UK. 

Therefore, my call to action to all our supporters is clear: we need your help to ensure that no young person misses out on the opportunity to feel seen, heard, and supported. Whether through donations, corporate partnerships, volunteering, or advocacy, your involvement is more critical than ever. 

Thank you to everyone who has supported us on our journey so far. With your continued commitment, you can help us prevent bullying and be part of creating a generation that understands the meaning of respect, empathy, and inclusion. 

Christopher Drennen (he/him) Chair 

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## Preface 

Diversity Role Models is a dynamic charity whose vision is a world where everyone embraces diversity and can thrive. Our mission is to end bullying based on sexual orientation and gender identity in schools and promote understanding and acceptance of broader individual differences. Collaboratively, we’re determined to create inclusive learning environments where young people know they are valued and supported, regardless of their differences. 

Our experienced team of educators and inspiring volunteer Role Models deliver in-person and online workshops for students in schools and colleges. Using pioneering educational content underpinned by the power of storytelling, we speak openly about lived experiences of difference and bullying. Our volunteer Role Models are at the heart of our delivery. They share their journeys towards living happy and fulfilling lives to inspire others. 

Since our formation in 2011, we have worked directly with over 1,000 schools, delivered sessions to over 200,000 young people, and trained over 25,000 school staff members. 

Our workshops educate young people about diversity. They empower them to recognise and embrace differences in others. During the workshops, we demonstrate how students can support each other and act as upstanders rather than bystanders, by challenging bullying and inappropriate language or behaviour. 

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## Our workshops have an impact: 

- 96% of primary pupils said they would respect people who are different to them more. 

- 83% of primary pupils and 52% of secondary students said they would feel more confident in challenging bullying or inappropriate language. 

- 97% of school staff said the training increased their understanding of diversity and difference and how to tackle and prevent bullying. 

In addition to delivering workshops, we develop invaluable educational resources for teachers, governors, parents/carers, and communities. Through a holistic approach to a young person’s educational environment, we strive to create safe and inclusive spaces. With this collaborative method, we are empowering a future generation that understands, respects, and embraces people’s differences. 

March 2024 saw the conclusion of our 3-year Department for Education-funded project. For this project we developed a broader strand of materials and workshops focusing on all protected characteristics and areas of perceived difference, which we have now added to our offering to schools and colleges. 

## Report of the Directors 

## For the year ended 31[st] August 2024 

The Trustees, who are also Directors of the company for the purposes of the Companies Act 2006, present their report and financial statements of the charity for the year ended 31st August 2024. 

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity’s Articles of Association, the Companies Act 2006, and the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019. 

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Diversity
Role Models
Chapter I
Objectives & Activities

## 1.1 Objectives 

Diversity Role Models' charitable objects are specifically restricted, in each case, to the promotion of equality and diversity for the public benefit by: 

1. The elimination of discrimination on the grounds of sexual orientation and gender identity in educational institutions 

2. Advancing education and raising awareness in equality, diversity and inclusion 

3. Promoting activities to foster understanding between people from diverse backgrounds. 

## 1.2 Activities 

We deliver tailored workshops for young people from early years through to further education that focus on developing empathy and sharing lived experiences in a developmentally appropriate way. In addition to this, we provide training for school staff, governors and, increasingly, parents and carers, to help bring our work beyond just the classroom. We also have an extensive range of impactful educational resources that can be used in the schools from early years to post-16 education and to help support school staff and parents and carers too. 

In all our sessions, volunteer Role Models share their personal experiences with difference and bullying, to help build empathy and create a lasting impact, both during and after the sessions. These lived experiences help both adults and students understand the power of language, and for educators, highlight the importance of diverse and inclusive representation in teaching materials and lessons. 

All this work helps to encourage young people to foster safe and inclusive spaces in their communities and to challenge harmful language and stereotypes by being upstanders. 

10 



Diversity
Role Models
Chapter 2
Impact & Performance
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## 2.1 Service Delivery 

Following record delivery the previous year, Diversity Role Models reached the largest number of beneficiaries since the charity began in 2011. 

We also worked with 67% more schools than the previous year, 158 of which were new to Diversity Role Models and had no bookings in the previous two fiscal years. 

At the same time, with the conclusion of the Department for Education project in March 2024, funding for staff sessions was reduced, resulting in fewer staff sessions being provided compared to the previous year when the project was running. 


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## 2.1.1 Our Delivery and Beneficiaries 

||2024|2023|2022|2021|
|---|---|---|---|---|
|Number of Schools|268|300|203|147|
|Number of Individual<br>Beneficiaries|45,323|40,752|30,247|10,553|
|Average Beneficiaries<br>per School|169|136|149|72|



## 2.1.1.1 Our Delivery Reach 

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## 2.1.2 Student Workshop Programme 

The number of student workshops, and consequently the number of young people reached, has risen again this past year. The demand for our work is ever increasing and attendance in sessions has continued to be strong. 

||2024|2023|2022|2021|
|---|---|---|---|---|
|Number of Workshops|1,389|1,184|808|224|
|Total students present<br>in all workshops<br>delivered|43,573|34,470|27,562|9,093|



## 2.1.3 School Staff and Governor Training Programme: 

Our Department for Education funded project Embracing Difference, Ending Bullying ended in March 2024, marking the end of the largest staff training funding we have received. 

||2024|2023|2022|2021|
|---|---|---|---|---|
|Number of<br>Staff/Governor<br>Sessions|108|209|110|56|
|Number of individual<br>Staff/Governors<br>reached|3,945|6,212|4,090|1,495|



## 2.1.4 Parent/Carer Workshop Programme: 

||2024|2023|2022|2021|14|
|---|---|---|---|---|---|
|Number of<br>Parent/Carer Sessions|9|4|1|0||
|Number of individual<br>Parent/Carers reached|25|70|15|0||





## 2.1.5 Impacts & Outcomes of Our Work 

## Primary 


of pupils will respect people who are different to them more after the workshop 

of pupils feel more confident to do something if they saw bullying after the workshops 


## Secondary 


know more about LGBTQ+ people after the workshops 

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## 2.2 Fundraising 

As previously cited, our Department for Education project and funding concluded in March 2024, marking the end of the largest funded project our charity has received to date. Therefore, we have proactively sought alternative funding streams from a diverse range of sources to ensure the sustainability of our work. Our focus remains on maintaining accessibility, particularly for schools where financial barriers may otherwise prevent their ability to engage with our work. 

## 2.2.1 Corporate Sponsors 

Corporate partnerships remain the cornerstone of our funding strategy, primarily through restricted fund delivery grants. We take pride in maintaining transparent relationships with our corporate partners, providing interim and final reports that demonstrate both qualitative and quantitative impact. These reports showcase the tangible differences their investments make, from capturing meaningful feedback from students and staff to highlighting the expanding reach of our programmes across schools nationwide. 

As our most significant source of income, corporate sponsorship has enabled us to achieve remarkable outcomes this year. We are profoundly grateful to each organisation that has chosen to partner with us, helping transform young lives through our work. 

## 2.2.2 Trusts & Foundations 

Around £70,000 of our income came from Trust & Foundations this year, a significant increase on last year's figure. We have continued to explore this area of funding, and we have ambitious targets in this area moving forward. 

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## 2.2.3 Individual Giving 

We are grateful to continue to have incredible individual donors through regular monthly giving or through bucket shakes and one-off donations at events and through our website. Looking to the future, we are hoping to improve the experiences for our individual donors in the next financial year. 

## 2.2.4 Events & Other Unrestricted Funds 

Although we did not host any of our own events this year, we had the privilege of attending several organised by partner organisations. 

## 2.2.5 In-Kind Support and Donations 

We continue to benefit from pro bono specialist support from a number of people and organisations. The support from which has a huge impact on what we are able to achieve. Nexer have continued to be an incredible partner of ours. 

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## 2.3 Staff & Volunteers 

## 2.3.1 Volunteers 

The Trustees would like to extend a huge thank you to all of our volunteers, whether that be those that support us in the classroom or behind the scenes. We simply would not be able to do the incredible work that we do without them. The impact of their stories in the classrooms brings alive the sessions and helps to build lasting empathy for the young people and staff we work with. 

Our volunteers also continue to help us shape the work that we do with our Education Steering Group. 

At the end of the year, we finished with 314 volunteer Role Models (301 the previous year) and 24 volunteer Facilitators (34 in 2023). Our volunteers have given an estimated 1,280 hours of their time (1,107 in 2023). 

## 2.3.2 Patrons & Ambassadors 

We continue to be supported by high-profile patrons and ambassadors, and we are very appreciative and grateful for everything they do for us. 

## 2.3.3 Staff 

We had 13 members of staff in 2023/2024 across both our Education and Operations Teams. The Trustees thank all colleagues for their outstanding commitment to the Charity. 

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Diversity
Role Models
Chapter 3
Financial Review

## 3.0 Financial review 

## **Funds raised** 

Total income for the year was £732,037 (2023: £872,238) of which unrestricted income was £219,270 (2023: £451,883). 


**----- Start of picture text -----**<br>
Investments<br>Charitable activities 1%<br>Other trading activities<br>8%<br>1%<br>Donations in kind<br>2%<br>Donations<br>16%<br>Grants<br>72%<br>**----- End of picture text -----**<br>


## **Expenditure** 

Total expenditure for the year was £776,635 (2023: £747,872) of which unrestricted expenditure was £218,953 (2023: £339,206). 

This resulted in a deficit in year of £44,598 (2023: surplus of £124,366). 

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## **Reserves** 

Diversity Role Models' reserves policy establishes the approach to holding and managing reserves to ensure the financial stability of the Charity, especially during periods of income volatility or other financial stress. The Trustees have set the target level of reserves to be equivalent to six months of operating expenses less any income received in advance for that period. 

The target minimum level of reserves for 31 August 2024 was set at £337.162 (2023: £324,396). At 31 August 2024, Diversity Role Models held £353,437 (2023: £351,624) in reserves which meets this target. 

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Diversity
Role Models
Chapter 4
Structure, Governance &
Management
22

## 4.1 Governing Document 

Diversity Role Models is a charitable company, limited by guarantee, incorporated on 19 May 2011, and registered as a charity on 23 June 2011. 

The company was established under a Memorandum and Articles of Association, which established the objects and powers of the charitable company and is currently governed by Articles of Association (most-recently amended on 19 June 2024). 

## 4.2 Governance 


The charity is governed by its Trustees. The Trustees also act as the members of the charity and its corporate Directors for the purposes of the Companies Act 2006. The Articles of Association outline the powers, responsibilities and decisionmaking of the Trustees. 

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## 4.3 Recruitment & Appointment of Trustees 

The process for appointing Diversity Role Models’ voluntary Trustees was set out in the Articles of Association for the charity year. The minimum number of Trustees is five. The maximum number of Trustees is fifteen. 

New Trustees were appointed by the existing Trustees of the charity for terms not to exceed three years. Trustees may serve multiple terms. The maximum term of continual service for a Trustee was six consecutive years. A Trustee who had served for a maximum consecutive period allowed was not eligible for reappointment until one year had elapsed from the date of expiry of that Trustee's last term of service. The Trustees may appoint any person willing and fit to act as a Trustee and Director, subject to the provisions of the Articles of Association. 

Diversity Role Models conducts a regular skills, experience, and diversity audit of Trustees. This audit identifies gaps in skills or under-representation of particular groups or communities and is fundamental to the recruitment process. 

Applicants are invited to apply via an open recruitment process. They complete an application form, after which shortlisted applicants are interviewed by a panel comprised of existing Trustees. This panel makes a recommendation to the Trustees, with suitable applicants nominated for selection. 

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## 4.4 Trustee Induction & Training 

Trustees are provided with a clear role description outlining their statutory, safeguarding, and additional responsibilities as well as the Trustee code of conduct. Trustees are required to acquaint themselves with Diversity Role Models’ policies and procedures, strategic plan and budget, and its Articles of Association. Trustees are actively required to take up relevant training and development to fulfil their role and responsibilities to Diversity Role Models. 

Due to the number of additional Trustees appointed in the last year, additional orientation sessions across all areas of the charity have taken place to ensure all Trustees feel confident in performing their duties. Trustees are also able to attend our sessions in school across the country to see the impact of our work in action. 

## 4.5 Organisational Structure & Decision Making 

The Trustees are responsible for the strategic direction of the charity and oversight of its work and finances. 

The Trustees delegate day-to-day responsibility for the provision of services to the Chief Executive Officer. The Chief Executive Officer is responsible for ensuring the secure financial management and administration of the charity. Effective management and supervision of the staff team is the responsibility of the Chief Executive Officer. 

25 



## 4.6 Remuneration of Key Management Personnel 

The remuneration of the charity’s key management personnel, the Chief Executive Officer, is set by the Trustees, considering the charity’s financial position and the amount paid for comparable roles in comparable organisations. This is the case for all staff roles. 

## 4.7 Risk assessment 

Diversity Role Models regularly undertakes a review and assessment of risks, financial and non-financial, to which it is exposed in its current activities. The Trustees have considered a summary of risks and have ensured that effective systems and controls exist to reduce internal risks and respond swiftly to external risks and minimise their impact. For this purpose, the Trustees maintain a risk register. 

Risks are monitored continually by the management and reviewed by the Trustees unless there are issues that need the Trustee's immediate attention. 

26 



Diversity
Role Models
Chapter 5
Reference & Administrative Details
27

## 5.1 Charity Details 

Charity Name: Diversity Role Models Charity Number: 1142548 Company Number: 07640644 

Principal and Registered Office: St Anne’s Church, 55 Dean Street, London, W1D 6AF Chief Executive Officer: Alexander Robert Ian Feis-Bryce 


## 5.1.1 Trustees & Directors 

The Trustees who served during the year, or who served at the time this report and financial statements were approved, who were also Directors of the company were as follows: 

**Amanda Leigh Whiteside** (until 27.06.2024) **Antonia Denise Belcher** (until 13.11.2023) **Christopher Glenn Drennen** (from 30.01.2024) **Christopher James Tune** (until 27.12.2024) **Costandinos Andreou Kyriacou** (from 25.09.2023) 

**Daniel Patrick Hughes** (from 24.07.2024) **Daniela Rosetta Grasso** 

**Dena Tahmasebi** (from 24.07.2024) 

**Geffrye Ian Parsons** (until 02.10.2023) **George Adam McCann** (from 15.11.2023) **Hans Kenneth Svennevig** (until 20.06.2024) **Heidi Amelia Mallace** (from 06.09.2023) 

**James Nicholas Ford** (until 13.11.2023) **Jose Leonardo Plata Martinez** (from 24.07.2024) 

**Kelly Anne Higson** (from 24.07.2024) **Louise Michelle Trethewey** (until 31.10.2023) **Neil Russell Feinson** (from 24.07.2024) **Ross Donald McKellar** (from 24.07.2024) **Scott Jack Sullivan** (until 23.09.2023) **Stephen David Sutton** (until 27.06.2024) **Symon Wheelhouse** (from 27.06.2024) **Tamoor Ali** (until 07.11.2024) **Vijayalutchmee Ersapah** (until 10.10.2023) 

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## 5.1.2 Bankers 

Lloyds Bank Kilburn Branch 106 Kilburn High Road London NW6 4HY 

Metro Bank PLC One Southampton Row London WC1B 5HA 

Wise Payments Limited 65 Clifton Street London EC2A 4JE 

Soldo Ltd 119 Marylebone Rd London NW1 5PU 

PayPal Ballycoolin Business Park Ballycoolin Road Blanchardstown Dublin 15 Ireland 

Stripe Payments UK Ltd 9th Floor 107 Cheapside London EC2V 6DN 

NatWest 36 St Andrew Square Edinburgh EH2 2YB 

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## 5.2 Statement of trustees’ responsibilities 

The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and regulations. Company law requires the trustees to prepare financial statements for each financial year. Under that law they are required to prepare the financial statements in accordance with UK Accounting Standards and applicable law (UK Generally Accepted Accounting Practice), including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. 

Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the excess of expenditure over income for that period. In preparing these financial statements, the trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable UK Accounting Standards 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 its activities. 

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charitable company and to prevent and detect fraud and other irregularities. 

30 



The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. In addition, the trustees confirm that they are happy that content of the annual review in pages 5 to 31 of this document meet the requirements of both the Trustees’ Annual Report under charity law and the Directors’ Report under company law. 

They also confirm that the financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland second edition (effective 1 January 2019). 

## **Preparation of the report** 

This report has been prepared taking advantage of the small companies’ exemption of section 415A of the Companies Act 2006, and the exemptions available for smaller charities under the Statement of Recommended Practice. 

This report was approved and authorised for issue by the Board of Trustees on 15 May 2025 and signed on its behalf by: 


Christopher Drennen 

## **Chair of the Board of Trustees** 

31 



Diversity
Role Models
Chapter 6
Independent examiners report
32

## 6.0 Independent examiner’s report 

I report to the Trustees on my examination of the accounts of Diversity Role Models (charity number 1142548, company number 07640644) for the year ended 31 August 2024 which are set out on pages 36 to 51. 

## **Respective responsibilities of trustees and examiner** 

The Trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (‘the 2011 Act’) nor under Part 16 of the 2006 Act, and that an independent examination is needed. 

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, it is my responsibility to: 

- examine the accounts under section 145 of the 2011 Act; 

- to follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the Charities Act; and, 

- to state whether particular matters have come to my attention. 

This report, including my statement, has been prepared for and only for the Charity’s Trustees as a body. My work has been undertaken so that I might state to the Charity’s Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees as a body for my examination work, for this report, or for the statements I have made. 

## **Basis of independent examiner’s statement** 

My examination was carried out in accordance with general directions given by the Charity Commission.  An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. 

The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. 

33 



## **Independent examiner’s statement** 

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England & Wales, which is one of the listed bodies. 

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 Company as required by section 386 of the 2006 Act; or, 

- the accounts do not accord with those records; or, 

- 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, 

- 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. 


## **Bianca Permal FCA** 

## **Fellow of the Institute of Chartered Accountants in England and Wales** 

## **Dated: 22 May 2025** 

Dux Advisory Limited Kennel Club House Gatehouse Way Aylesbury Buckinghamshire HP19 8DB 

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Diversity
Role Models
Chapter 7
Financial Statements
35

## 7.1 Statement of financial activities For year ended 31 August 2024 


**----- Start of picture text -----**<br>
Unrestricted Restricted Total Total<br>Funds Funds Funds Funds<br>Year ended Year ended Year ended Year ended<br>31-Aug-24 31-Aug-24 31-Aug-24 31-Aug-23<br>Notes £ £ £ £<br>Income from<br>Donations and legacies 3 141,844 512,767 654,611 800,353<br>Charitable activities 4 60,273 - 60,273 68,685<br>-<br>Other trading activities 9,375 9,375 3,200<br>Investments 7,778 - 7,778 -<br>Total income 219,270 512,767 732,037 872,238<br>Expenditure on<br>Raising funds 5 & 6 107,053 - 107,053 102,772<br>Charitable activities 5 & 7 111,900 557,682 669,582 645,100<br>Total expenditure 218,953 557,682 776,635 747,872<br>Net income/(expenditure) 317 (44,915) (44,598) 124,366<br>Transfers between funds 12 - - - -<br>Movement in funds 317 (44,915) (44,598) 124,366<br>Reconciliation of funds<br>Funds brought forward 12 & 13 353,120 44,915 398,035 273,669<br>Funds carried forward 12 & 13 353,437 - 353,437 398,035<br>**----- End of picture text -----**<br>


The notes on pages 39 to 51 form part of the financial statements 

36 

Company number: 07640644 – Charity number: 1142548 



7.2 Balance sheet As at 31 August 2024 

|Notes<br>**Fixed assets**<br>Tangible fixed assets<br>9<br>**Current assets**<br>Debtors and prepayments<br>10<br>Cash at bank and in hand<br>**Total current assets**<br>**Creditors**<br>Amounts falling due within<br>one year<br>11<br>**Net current assets**<br>**Net assets**<br>**Funds of the charity**<br>Restricted funds<br>12 & 13<br>Unrestricted funds<br>Designated funds<br>12 & 13<br>General funds<br>12 & 13<br>Unrestricted funds<br>**Total funds**|£<br>37,188<br>427,556<br>**464,744**<br>(111,307)<br>-<br>353,437|**Total**<br>**Funds**<br>**31-Aug-24**<br>**£**<br>£<br>**-**<br>184,007<br>557,072<br>_741,079_<br>(344,540)<br>**353,437**<br>**353,437**<br>**-**<br>1,496<br>351,624<br>**353,437**<br>**353,437**|_Total_<br>_Funds_<br>_31-Aug-23_<br>_£_<br>_1,496_<br>_396,539_<br>_398,035_<br>_44,915_<br>_353,120_<br>**398,035**|
|---|---|---|---|



The notes on pages 39 to 51 form part of the financial statements 

The financial statements have been prepared in accordance with section 415A of the Companies Act 2006 relating to small companies and FRS 102 Section 1A. 

The charitable company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 31 August 2024, and the members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 August 2024 under section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 

They were approved and authorised for issue by the Board of Trustees on 15 May 2025 and signed on their behalf by: 


37 

Christopher Drennen **Chair of the Board of Trustees** Company number: 07640644 – Charity number: 1142548 



## 7.3 Statement of cash 

## flows 

## For year ended 31 August 2024 

|**Cash flows from operating activities:**<br>Net income/(expenditure) for period<br>as per SOFA<br>Adjustments for:<br>Depreciation charges<br>Investment income<br>(Increase)/decrease in trade receivables<br>(Increase)/decrease in prepayments<br>(Increase)/decrease in accrued income<br>(Increase)/decrease in other debtors<br>Increase/(decrease) in trade creditors<br>Increase/(decrease) in accruals<br>Increase/(decrease) in deferred income<br>Increase/(decrease) in HMRC payable<br>Increase/(decrease) in pension payable<br>Increase/(decrease) in other creditors<br>**Net cash flows from operating activities**<br>**Cash flows from investing activities:**<br>Investment income<br>**Net cash flows from investing activities**<br>**Change in cash and cash equivalents**<br>**in period**<br>**Cash and cash equivalents at the**<br>**beginning of the period**<br>**Cash and cash equivalents at the**<br>**end of the period**|£<br>1,496<br>(7,778)<br>99,450<br>(787)<br>49,356<br>-<br>(1,200)<br>(57,211)<br>(10,690)<br>(166,023)<br>2,079<br>(1,551)<br>163<br>7,778|**Total**<br>**Funds**<br>**Year ended**<br>**31-Aug-24**<br>**£**<br>**(44,598)**<br>**(92,696)**<br>**(137,294)**<br>**7,778**<br>**(129,516)**<br>**557,072**<br>**427,556**|£<br>1,813<br>-<br>(47,397)<br>(732)<br>2,004<br>-<br>-<br>52,768<br>7,957<br>248,287<br>(2,614)<br>4,132<br>-<br>-|_Total_<br>_Funds_<br>_Year ended_<br>_31-Aug-23_<br>_£_<br>_124,366_<br>_266,218_<br>_390,584_<br>_-_<br>_390,584_<br>_166,488_<br>_557,072_|
|---|---|---|---|---|



The notes on pages 39 to 51 form part of the financial statements 

38 

Company number: 07640644 – Charity number: 1142548 



## 7.4 Notes to the financial statements For year ended 31 August 2024 

## **1. Accounting policies** 

## **Basis of preparation of the financial statements** 

The financial statements have been prepared in accordance with ‘Charities SORP (FRS 102) - 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) second edition (effective 1 January 2019)’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006. 

The effect of any event relating to the year ended 31 August 2024, which occurred before the date of approval of the financial statements by the Board of Trustees has been included in the financial statements to the extent required to show a true and fair view of the state of affairs at 31 August 2024 and the results for the year ended on that date. 

The functional currency of the Charity is sterling and amounts in the financial statements are rounded to the nearest pound. 

The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated. 

## **Going concern** 

The financial statements have been prepared on the going concern basis as the Board of Trustees have a reasonable expectation that future reserves and future income is more than sufficient to meet current commitments. There are no material uncertainties that impact this assessment, and the ongoing economic environment has had no material impact on this assessment. 

39 



## **1. Accounting policies (continued from previous page)** 

## **Legal status** 

Diversity Role Models is a charitable company registered in England & Wales and meets the definition of a public benefit entity. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per member. The registered address is St Anne’s Church, 55 Dean Street, London, W1D 6AF. 

## **Fund Accounting** 

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. 

Designated funds are unrestricted funds which have been designated for a specific purpose by the Trustees. The aim and use of each designated fund is set out in note 12 of the financial statements. 

Restricted funds are funds that are to be used in accordance with specific restrictions imposed by donors or that have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in note 12 of the financial statements. 

## **Income** 

Income is recognised when the Charity has entitlement to the funds, any performance indicators attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably. 

Donations are recognised in full in the Statement of Financial Activities when entitled, receipt is probable and when the amount can be quantified with reasonable accuracy. Gift aid receivable is included when claimable. 

Grant income is credited to the Statement of Financial Activities when received or receivable whichever is earlier, unless the grant relates to a future period, in which case it is deferred. 

40 

Company number: 07640644 – Charity number: 1142548 



## **1. Accounting policies (continued from previous page)** 

## **Income (continued from previous page)** 

Income from charitable activities, including contract income and client fees, is credited to the Statement of Financial Activities when received or receivable whichever is earlier, unless it relates to a specific future period or event, in which case it is deferred. 

Interest is recorded in the period in which it relates to. 

## **Expenditure and irrecoverable VAT** 

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. 

Indirect costs, including governance costs, which cannot be directly attributed to activities, are allocated proportionate to total direct costs allocated to each project area, as outlined in note 5 of the financial statements. 

Irrecoverable VAT is charged against the category of expenditure for which it was incurred. 

## **Tangible fixed assets and depreciation** 

All assets costing more than £1,000 are capitalised. 

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their residual value, over their useful life, on the following basis: 

|Computer equipment|3 years|
|---|---|
|Office equipment|5 years|



## **Cash at bank and in hand** 

Cash at bank and in hand includes cash in hand, deposits with banks and funds that are readily convertible into cash at, or close to, their carrying values but are not held for investment purposes. 

41 

Company number: 07640644 – Charity number: 1142548 



## **1. Accounting policies (continued from previous page)** 

## **Debtors and prepayments** 

Trade and other debtors are recognised at the settlement amount after any trade discount is applied. Prepayments are valued at the amount prepaid net of any trade discounts due. 

## **Creditors and accruals** 

Creditors 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. 

## **Financial instruments** 

Basic financial instruments are measured at amortised cost other than investments which are measured at fair value. 

## **Pensions** 

The Charity operates a defined contribution pension scheme which is administered by an external independent pension provider. Contributions are recognised in the Statement of Financial Activities as they fall due. 

## **Operating leases** 

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the lease term. 

## **Critical estimates and judgements** 

In preparing financial statements it is necessary to make certain judgements, estimates and assumptions that affect the amounts recognised in the financial statements. The annual depreciation charge for tangible fixed assets is sensitive to changes in useful economic lives and residual values of assets. In the view of the Trustees in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year. 

42 

Company number: 07640644 – Charity number: 1142548 



## **2. Comparative statement of financial activities** 


**----- Start of picture text -----**<br>
Unrestricted Restricted Total<br>Funds Funds Funds<br>Year ended Year ended Year ended<br>31-Aug-23 31-Aug-23 31-Aug-23<br>Notes £ £ £<br>Income from<br>Donations and legacies 3 379,998 420,355 800,353<br>Charitable activities 4 68,685 - 68,685<br>-<br>Other trading activities 3,200 3,200<br>Total income 451,883 420,355 872,238<br>Expenditure on<br>Raising funds 5 & 6 102,772 - 102,772<br>Charitable activities 5 & 7 236,434 408,666 645,100<br>Total expenditure 339,206 408,666 747,872<br>Net income/(expenditure) 112,677 11,689 124,366<br>Transfers between funds 12 (319) 319 -<br>Movement in funds 112,358 12,008 124,366<br>Reconciliation of funds<br>Funds brought forward 12 & 13 240,762 32,907 273,669<br>Funds carried forward 12 & 13 353,120 44,915 398,035<br>**----- End of picture text -----**<br>


43 

Company number: 07640644 – Charity number: 1142548 



## **3. Income from donations and legacies** 

|Grants<br>Donations<br>Donations in kind (see note 18)|Unrestricted<br>Restricted<br>**Total**<br>Funds<br>Funds<br>**Funds**<br>Year ended<br>Year ended<br>**Year ended**<br>31-Aug-24<br>31-Aug-24<br>**31-Aug-24**<br>£<br>£<br>**£**<br>12,500<br>512,767<br>**525,267**<br>115,564<br>-<br>**115,564**<br>13,780<br>-<br>**13,780**<br>**141,844**<br>**512,767**<br>**654,611**|
|---|---|
|Grants<br>Donations<br>Major DRM events<br>Donations in kind (see note 18)|Unrestricted<br>Restricted<br>_Total_<br>Funds<br>Funds<br>_Funds_<br>Year ended<br>Year ended<br>_Year ended_<br>31-Aug-23<br>31-Aug-23<br>_31-Aug-23_<br>£<br>£<br>_£_<br>34,738<br>420,355<br>_455,093_<br>243,967<br>-<br> <br>_243,967_<br>87,513<br>-<br>_87,513_<br>13,780<br>-<br>_13,780_<br>_379,998_<br>_420,355_<br>_800,353_|



Income from grants includes £107,944 (2023: £247,355) received from the Department of Education for a project working within schools on anti-bullying workshops, and an amount of £201,250 (2023: £125,000) from Lego. 

## **4. Income from charitable activities** 

|**4. Income from charitable activities**||
|---|---|
|Educational institutions<br>Corporates|Unrestricted<br>Restricted<br>**Total**<br>Funds<br>Funds<br>**Funds**<br>Year ended<br>Year ended<br>**Year ended**<br>31-Aug-24<br>31-Aug-24<br>**31-Aug-24**<br>£<br>£<br>**£**<br>47,323<br>-<br>**47,323**<br>12,950<br>-<br>**12,950**<br>**60,273**<br>**-**<br>**60,273**|
|||
|Educational institutions|Unrestricted<br>Restricted<br>_Total_<br>Funds<br>Funds<br>_Funds_<br>Year ended<br>Year ended<br>_Year ended_<br>31-Aug-23<br>31-Aug-23<br>_31-Aug-23_<br>£<br>£<br>_£_<br>68,685<br>-<br>_68,685_<br>_68,685_<br>_-_<br>_68,685_|



44 

Company number: 07640644 – Charity number: 1142548 



## **5. Total expenditure** 


**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|Staff|Other direct|Support|Total|
|costs|costs|costs|costs|
|Year ended|Year ended|Year ended|Year ended|
|31-Aug-24|31-Aug-24|31-Aug-24|31-Aug-24|
|£|£|£|£|
|Raising funds|69,040|16,308|21,705|107,053|
|Charitable activities|453,457|80,366|135,759|669,582|
|522,497|96,674|157,464|776,635|
|Staff|Other direct|Support|Total|
|costs|costs|costs|costs|
|Year ended|Year ended|Year ended|Year ended|
|31-Aug-23|31-Aug-23|31-Aug-23|31-Aug-23|
|£|£|£|£|
|Raising funds|52,730|40,848|9,194|102,772|
|Charitable activities|427,986|165,015|52,099|645,100|
|480,716|205,863|61,293|747,872|

**----- End of picture text -----**<br>


Support costs, including governance costs, which cannot be directly attributed to activities, were allocated between cost centres proportionate to the direct staff and other costs allocated to those activities. 

An analysis of costs of raising funds split between restricted and unrestricted funds can be found in note 6. 

An analysis of charitable activities split between restricted and unrestricted funds can be found in note 7. 


**----- Start of picture text -----**<br>
||||
|---|---|---|
|Total|Total|
|An analysis of staff costs can be found in note 8.|
|costs|costs|
|Year ended|Year ended|
|31-Aug-24|31-Aug-23|
|Support costs includes:|
|£|£|
|-|
|Staff support costs|37,844|
|Advisors and consultants|52,680|7,659|
|Operations infrastructure|51,381|49,485|
|-|
|Marketing and events|11,918|
|Independent examination|2,520|1,800|
|Other|1,121|2,349|
|157,464|61,293|

**----- End of picture text -----**<br>


45 

Company number: 07640644 – Charity number: 1142548 



## **6. Expenditure on raising funds** 


**----- Start of picture text -----**<br>
Unrestricted Restricted Total<br>Funds Funds Funds<br>Year ended Year ended Year ended<br>31-Aug-24 31-Aug-24 31-Aug-24<br>£ £ £<br>Staff costs 69,040 - 69,040<br>Other direct costs 16,308 - 16,308<br>-<br>Support costs 21,705 21,705<br>107,053 - 107,053<br>Unrestricted Restricted Total<br>Funds Funds Funds<br>Year ended Year ended Year ended<br>31-Aug-23 31-Aug-23 31-Aug-23<br>£ £ £<br>Staff costs 52,730 - 52,730<br>Other direct costs 40,848 - 40,848<br>-<br>Support costs 9,194 9,194<br>-<br>102,772 102,772<br>**----- End of picture text -----**<br>


## **7. Expenditure on charitable activities** 

|**7. Expenditure on charitable activities**||
|---|---|
|Staff costs<br>Other direct costs<br>Support costs|Unrestricted<br>Restricted<br>**Total**<br>Funds<br>Funds<br>**Funds**<br>Year ended<br>Year ended<br>**Year ended**<br>31-Aug-24<br>31-Aug-24<br>**31-Aug-24**<br>£<br>£<br>**£**<br>75,781<br>377,676<br>**453,457**<br>13,431<br>66,935<br>**80,366**<br>22,688<br>113,071<br>**135,759**<br>**111,900**<br>**557,682**<br>**669,582**|
|Staff costs<br>Other direct costs<br>Support costs|Unrestricted<br>Restricted<br>_Total_<br>Funds<br>Funds<br>_Funds_<br>Year ended<br>Year ended<br>_Year ended_<br>31-Aug-23<br>31-Aug-23<br>_31-Aug-23_<br>£<br>£<br>_£_<br>156,860<br>271,126<br>_427,986_<br>60,479<br>104,536<br>_165,015_<br>19,095<br>33,004<br>_52,099_<br>_236,434_<br>_408,666_<br>_645,100_|



46 

Company number: 07640644 – Charity number: 1142548 



## **8. Staff costs** 


**----- Start of picture text -----**<br>
Total Total<br>costs costs<br>Year ended Year ended<br>31-Aug-24 31-Aug-23<br>£ £<br>Gross salaries 466,171 428,453<br>Employers NIC 38,430 36,291<br>Employers pension 14,919 15,972<br>Other benefits 2,977 -<br>522,497 480,716<br>**----- End of picture text -----**<br>


The average headcount during the period was 12 persons (2023: 12 persons). 

No individual employees received employee benefits of more than £60,000 (2023: one employee in the range of £80,000 to £89,999). 

The total employee benefits paid to key management personnel during the year was £80,739 (2023: £87,585). 

## **9. Tangible fixed assets** 

|**Cost**<br>As at 1 September 2023<br>Disposals<br>As at 31 August 2024<br>**Accummulated depreciation**<br>As at 1 September 2023<br>Charge for the year<br>Disposals<br>As at 31 August 2024<br>**Net book value**<br>As at 1 September 2023<br>As at 31 August 2024|Computer<br>Office<br>equipment<br>equipment<br>**Total**<br>£<br>£<br>**£**<br>21,948<br>2,187<br>**24,135**<br>(17,167)<br>(1,507)<br>**(18,674)**<br>**4,781**<br>**680**<br>**5,461**<br>20,452<br>2,187<br>**22,639**<br>1,496<br>-<br>**1,496**<br>(17,167)<br>(1,507)<br>**(18,674)**<br>**4,781**<br>**680**<br>**5,461**<br>1,496<br>-<br>**1,496**<br>**-**<br>**-**<br>**-**|
|---|---|



47 

Company number: 07640644 – Charity number: 1142548 



## **10. Debtors and prepayments** 


**----- Start of picture text -----**<br>
Total Total<br>31-Aug-24 31-Aug-23<br>£ £<br>Accounts receivable 12,760 112,210<br>Prepayments 3,893 3,106<br>Accrued income 16,335 65,691<br>Premises deposit 3,000 3,000<br>Other debtors 1,200 -<br>37,188 184,007<br>**----- End of picture text -----**<br>


**11. Creditors – amounts falling due in less than one year** 


**----- Start of picture text -----**<br>
Total Total<br>31-Aug-24 31-Aug-23<br>£ £<br>Accounts payable 839 58,050<br>Accruals 7,166 17,856<br>Deferred income 85,894 251,917<br>HMRC payable 11,906 9,827<br>Pension payable 5,305 6,856<br>Other creditors 197 34<br>111,307 344,540<br>**----- End of picture text -----**<br>


Deferred income consists of the following grant income amounts: 


**----- Start of picture text -----**<br>
Total Total<br>Year ended Year ended<br>31-Aug-24 31-Aug-23<br>£ £<br>Balance brought forward 251,917 3,630<br>Income released during the year (251,917) (3,630)<br>Income received during the year 85,894 251,917<br>Balance carried forward 85,894 251,917<br>**----- End of picture text -----**<br>


48 

Company number: 07640644 – Charity number: 1142548 



## **12. Analysis of charity funds** 


**----- Start of picture text -----**<br>
Total funds Total funds<br>as of 1 Income Expenditure Transfers as of 31<br>September for the in the between August<br>2023 period period funds 2024<br>£ £ £ £ £<br>Restricted<br>Student workshops<br>- North East hub - - - - -<br>- Westminster 175 - (175) - -<br>- All - 161,573 (161,573) - -<br>Department for<br>Education - 107,944 (107,944) - -<br>Aviva (152) 12,000 (11,848) - -<br>PA Foundation 30,000 20,000 (50,000) - -<br>- - -<br>Lego 201,250 (201,250)<br>Reed Smith LLP 5,000 - (5,000) - -<br>Westminster<br>Foundation 9,442 10,000 (19,442) - -<br>London Community<br>Response Fund 450 - (450) - -<br>Restricted 44,915 512,767 (557,682) - -<br>Unrestricted<br>Designated funds<br>Fixed assets 1,496 - (1,496) - -<br>General funds 351,624 219,270 (217,457) - 353,437<br>Unrestricted 353,120 219,270 (218,953) - 353,437<br>Total funds 398,035 732,037 (776,635) - 353,437<br>**----- End of picture text -----**<br>


**Restricted funds** – these are created from funds received in the form of grants and sponsorship for the delivery of services to specific geographical areas or for specific projects. The new category under student workshops of ‘all’ consists of a large number of small funds – a full list is available from the charity in request. 

**Designated funds** – the net book value of the fixed assets has been designated as it does not form part of the free reserves of the charity. 

49 

Company number: 07640644 – Charity number: 1142548 



## **12. Analysis of charity funds (continued from previous page)** 


**----- Start of picture text -----**<br>
Total funds Total funds<br>as of 1 Income Expenditure Transfers as of 31<br>September for the in the between August<br>2022 period period funds 2023<br>£ £ £ £ £<br>Restricted<br>Student workshops<br>- North East hub - 13,000 (13,319) 319 -<br>- Westminster 175 - - - 175<br>Department for<br>Education - 247,355 (247,355) - -<br>Aviva - - (152) - (152)<br>PA Foundation - 30,000 - - 30,000<br>- -<br>Lego 22,771 125,000 (147,771)<br>Reed Smith LLP - 5,000 - - 5,000<br>Westminster<br>Foundation 9,511 - (69) - 9,442<br>London Community<br>Response Fund 450 - - - 450<br>Restricted 32,907 420,355 (408,666) 319 44,915<br>Unrestricted<br>Designated funds<br>Fixed assets 3,309 - (1,813) - 1,496<br>General funds 237,453 451,883 (337,393) (319) 351,624<br>Unrestricted 240,762 451,883 (339,206) (319) 353,120<br>Total funds 273,669 872,238 (747,872) - 398,035<br>**----- End of picture text -----**<br>


## **13. Analysis of net assets** 

|**13. Analysis of net assets**|||
|---|---|---|
|Current assets<br>Current liabilities||Unrestricted<br>Restricted<br>**Total**<br>Funds<br>Funds<br>**Funds**<br>31-Aug-24<br>31-Aug-24<br>**31-Aug-24**<br>£<br>£<br>**£**<br>378,850<br>85,894<br>**464,744**<br>(25,413)<br>(85,894)<br>**(111,307)**<br>**353,437**<br>**-**<br>**353,437**|
|Fixed assets<br>Current assets<br>Current liabilities|||
|||Unrestricted<br>Restricted<br>_Total_<br>Funds<br>Funds<br>_Funds_<br>31-Aug-23<br>31-Aug-23<br>_31-Aug-23_<br>£<br>£<br>_£_<br>1,496<br>-<br>_1,496_<br>696,164<br>44,915<br>_741,079_<br>(344,540)<br>-<br>_(344,540)_<br>_353,120_<br>_44,915_<br>_398,035_|
||||
||||



50 

Company number: 07640644 – Charity number: 1142548 



## **14. Analysis of net debt** 


**----- Start of picture text -----**<br>
As of 1 As of 31<br>September Cash Other August<br>2023 movements movements 2024<br>£ £ £ £<br>Cash at bank and in hand 557,072 (129,516) - 427,556<br>557,072 (129,516) - 427,556<br>As of 1 As of 31<br>September Cash Other August<br>2022 movements movements 2023<br>£ £ £ £<br>Cash at bank and in hand 166,488 390,584 - 557,072<br>166,488 390,584 - 557,072<br>**----- End of picture text -----**<br>


## **15. Trustee remuneration** 

During the year, no trustee received any remuneration (2023:  £Nil). No members of the Board of Trustees received reimbursement of expenses (2023: £Nil). 

## **16. Related party transactions** 

During the year there were no related party transactions (2023: £Nil). 

The aggregate amount of all donations from trustees was £1,222 (2023: £Nil). 

## **17. Other financial commitments** 

On 31 August 2024, the Charity had annual future minimum lease payments under a noncancellable operating lease for the office premises as set out below: 


**----- Start of picture text -----**<br>
Total Total<br>31-Aug-24 31-Aug-23<br>£ £<br>Amounts falling due within<br>-<br>One year 27,420<br>-<br>Two to five years 6,855<br>34,275 -<br>**----- End of picture text -----**<br>


## **18. Donations in kind** 

During the year the charity benefited from the following pro-bono support as reflected in note 3. All expenditure has been recognised within other direct charitable expenditure: 

|Website support<br>Salesforce support|**Total**<br>_Total_<br>**31-Aug-24**<br>_31-Aug-23_<br>**£**<br>_£_<br>**10,000**<br>_10,000_<br>**3,780**<br>_3,780_<br>**13,780**<br>_13,780_|
|---|---|



51 

Company number: 07640644 – Charity number: 1142548 




Diversity Role Models St Anne’s Church, 55 Dean Street, London W1D 6AF info@diversityrolemodels.org Registered Charity number 1142548 Registered Company number: 07640644 

Published by Diversity Role Models, 2025 



## DIV001 - Final Annual report and accounts - 31 August 2024 

## Final Audit Report 

## 2025-05-22 

Created: 2025-05-22 By: Andrew Nash (andy@enaidaccountancy.co.uk) Status: Signed Transaction ID: CBJCHBCAABAA_LzSeatGi1OICxDcLuhFOuqMmXD9seZI 

## "DIV001 - Final Annual report and accounts - 31 August 2024" H istory 

Document created by Andrew Nash (andy@enaidaccountancy.co.uk) 

2025-05-22 - 12:03:00 PM GMT 

Document emailed to Christopher Drennen (christopher.drennen@diversityrolemodels.org) for signature 2025-05-22 - 12:06:25 PM GMT 

Email viewed by Christopher Drennen (christopher.drennen@diversityrolemodels.org) 2025-05-22 - 12:35:35 PM GMT 

- Document e-signed by Christopher Drennen (christopher.drennen@diversityrolemodels.org) Signature Date: 2025-05-22 - 12:38:34 PM GMT - Time Source: server 

Document emailed to bianca.permal@duxadvisory.co.uk for signature 2025-05-22 - 12:38:37 PM GMT 

Email viewed by bianca.permal@duxadvisory.co.uk 2025-05-22 - 1:26:25 PM GMT 

Signer bianca.permal@duxadvisory.co.uk entered name at signing as Bianca Permal 2025-05-22 - 1:30:26 PM GMT 

Document e-signed by Bianca Permal (bianca.permal@duxadvisory.co.uk) Signature Date: 2025-05-22 - 1:30:28 PM GMT - Time Source: server 

Agreement completed. 

2025-05-22 - 1:30:28 PM GMT