``` REGISTERED COMPANY NUMBER: 07964782 (England and Wales) REGISTERED CHARITY NUMBER: 1146717 ``` ``` Report of the Trustees and ``` ## **`Unaudited Financial Statements`** ## **`for the Year Ended 31 December 2023`** ``` for ``` ## **`BEFRIENDERS WORLDWIDE`** ``` Nagler Simmons Chartered Accountants ``` ``` 5 Beaumont Gate Shenley Hill Radlett WD7 7AR ``` ``` BEFRIENDERS WORLDWIDE ``` ## **`Contents of the Financial Statements FOR THE YEAR ENDED 31 DECEMBER 2023`** ||**`Page`**| |---|---| |**`Chairman's Report`**|`1 to 2`| |**`Report of the Trustees`**|`3 to 6`| |**`Independent Examiner's Report`**|`7 to 8`| |**`Statement of Financial Activities`**|`9`| |**`Balance Sheet`**|`10 to 11`| |**`Notes to the Financial Statements`**|`12 to 19`| ``` BEFRIENDERS WORLDWIDE ``` ## **`Chairman's Report FOR THE YEAR ENDED 31 DECEMBER 2023`** ``` Befrienders Worldwide Summary of Activities 2023: ``` - `Globally, more than 700 000 people die due to suicide every year, with 20 times that number making a` - `suicide attempt.` - `Suicides and suicide attempts have a ripple effect that impacts on families, friends, colleagues, communities and societies.` - `Suicide is the fourth leading cause of death among 15-29 year-olds.` - `77% of global suicides occur in low- and middle-income countries.` - `Suicide is preventable.` ``` TheBefriendersWorldwide(BW)networkworksgloballytosupportindividualsexperiencing emotional distress.Ourprimaryaimistopreventsuicidebyofferingsupporttothosewhofeellonely,desperate, or depressed.Ourviewisthatsuicideisanavoidabletragedy:sometimesallofusjustneedalittlehelp. We believe that if by our actions we save a single life then we have succeeded. ``` ``` BWhasover400helpcentresin48countriesmadeupof35,000volunteersacrosssixcontinents.BW also offersitsBefriendersforSeafarersserviceforthe8millionpeoplecurrentlyatsea.BWcentresarestaffed by trainedvolunteers,whoofferan activelisteningear.All communicationwithBefrienderscentres,whether by phone,bydigitalplatform,email,orface-to-face,isconfidential.Befriendersare non-judgemental, non-politicaland non-religious.BW'sBoardof Trusteesrepresentscountriesworldwide,helpingto ensure that the organisation'sservicesare accessibleand relevantto peoplefromdifferentculturesand backgrounds. BW centres operate under a range of culturally appropriate names, united by BW's philosophy. ``` ``` Overthereportingperiodto December2023,BW has continuedto flourish.Membershiphas developed with organisationsjoiningfromEcuadorandtheCaymanIslands.IthasalsobeensignificantthatBWhas fostered linkswiththeUKForeign,CommonwealthandDevelopmentOffice(FCDO)andhasundertaken training activitiesinsupportofFCDO-facilitatedinitiatives.Itisalsoworthhighlightingthatdetailedplanning was undertakenforBW'sfirstpost-pandemicglobalin-personconferenceinColomboSriLankainJuly2024. This marksnotonlythe50thanniversaryofourhosts,SriLankaSumithrayo,butalsothe50thanniversary of BefriendersWorldwide(formerlyknownasBefriendersInternational).Thiswillenablethesharingof BW practice,areinforcementofourvaluesandacelebrationofourglobalcommunity.Onadifferentnote, we continueto be gratefulto memberorganisationsthathaveundertakenspecialisttrainingin needsof seafarers andwhoareprovidingthisservice.TheSeafarers'serviceis a 365days/year24hours/dayemotional support servicefor thosewho encounteremotionaldistresswhileat sea or onboardship.At any one time,as many as 8 millionpeoplegloballyareat sea:isolationfromlovedonesandotherpressurecanmeanthatthe potential for emotional problems is considerable. The member groups involved are: ``` - `Samaritans China/Hong Kong` - `Samaritans New York` - `In Touch Community Services-Philippines` - `Samaritans in Spain` - `Befrienders (GibSams)-Gibraltar` ``` BW would also like to highlightand expressthanksfor the grantsprovidedby the Seafarers'Charitywhich have been instrumental in enabling the provision of this invaluable global service. ``` ``` Page 1 ``` ``` BEFRIENDERS WORLDWIDE ``` ## **`Chairman's Report FOR THE YEAR ENDED 31 DECEMBER 2023`** ``` BWhasalsodevelopedlinkageswithinUKandglobalsuicidepreventionnetworks.BWis enormously privilegedtohaveapositiveandlong-standingrelationshipwithUKSamaritans,afoundingmemberof BW. ThisrelationshipinvolvesregularmeetingsbetweentheBWChairandVice-ChairandtheCEOandCOO of Samaritans.Inaddition,SamaritanshasgenerouslygivenBWaccesstoitsincrediblyimpressive eLearning package.InturnBWgivesitsmembersaccesstothistraining,whichhasbeenverywellreceived.On the internationallevel,regulardiscussionshavebeenheldwiththePresidentandCEOofLifelineInternational to discussmattersofmutualinterestandtodiscusscampaigningonthequestionofdecriminalisationof suicide globally.Thisisapositiverelationshipandonethatwehopetodevelopinthefuture.BWhasalso renewed contactswiththeInternationalAssociationofSuicidePrevention(IASP)andoneofourTrustees Paulius Skruibis has kindly agreed to represent BW at IASP events. ``` ``` On a managementlevel,BW has launchedits new websitewhich has been a considerablesuccess.In addition, theBWcommunityplatformhasbeenlaunchedin2023asameansofmuchmoreeffectively enabling memberstonetworkandtosharebestpractice.TheDirectorofCommunicationscontinuestodo excellent work in this field and in the fostering of relationships within the BW network. ``` ``` ForthefutureBWcontinuestoseektodeveloplinksindifferentpartsoftheworldandtosupport the developmentof suicidepreventionservicesbased on BW's core principles.To do this effectively,the voluntary principleremainscentraltoBW'svisionbutfundingwillalsobeimportant:itishopedthat fund-raising activities can be further refined to enhance income streams. ``` ``` Ultimately,any life lost to suicideis a tragedy.This tragedyis not just the loss of an individualbut the ongoing pain for loved ones, friends and colleagues left behind. The Befrienders Worldwide network is here to help. ``` ``` Neil Hawkins Chair, Befrienders Worldwide ``` ``` 26 September 2024 ``` ``` Page 2 ``` ``` BEFRIENDERS WORLDWIDE (REGISTERED NUMBER: 07964782) ``` ## **`Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2023`** ``` TheBoardofBefriendersWorldwide(BW)submitsitsannualreportandfinancialstatementsforthe year ended 31 December 2023. ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` Toimprovetheemotionalandmentalhealthofpeoplewhoareexperiencingfeelingsofdistressand despair and to reduce the incidences of suicide. ``` ## **`Significant activities`** ``` Specificallyouractivitiesincludetheencouragementworldwideofestablishinganddevelopingcentres who specialiseinourwork;developingandprovidingeducationandtrainingtoolsandservices;identifying best practicesandsupportingandpromotingtheapplicationofthesepracticesbythecentres; developing technologicalplatformsforcommunicationandimprovedservicedeliverybythecentres;encouraging and promotingapplicableresearch;establishingpartnershipswithotherrelationshiporganisations;and developing material for public awareness campaigns. ``` ## **`Benefit to individuals`** ``` Themajorityofourcentresareavailablearoundtheclockeverydayoftheyeartoreceivecallsand other contractsfrompeoplewhoare in emotionaldistressand maybe contemplatingsuicide.Thereis no charge for the servicewhich is providedmainlyby volunteerswho receivespecificongoingtraining.Oftenour centres are the only lifeline (literally) for people in distress. ``` ## **`Public benefit`** ``` In shapingthe activitesfor this financialyear,the Trusteeshaveconsideredthe CharityCommission's guidance onpublicbenefit.Boththecharityandourcentresareveryactiveintheircountriesinboth promoting awareness and addressing the stigma of mental health issues. ``` ## **`ACHIEVEMENT AND PERFORMANCE`** ## **`Key projects/achievements`** ``` Duringtheyear,in additiontotheactivitiesdescribedabove,thecharitycontinueddevelopingits partnership with a shippingcompanyin Asia to facilitatethe provisionof the emotionalsupportservicesof our members to the seafaring community. ``` ## **`FINANCIAL REVIEW`** ## **`Financial position`** ``` Thecharityreceivedincomeof£25,464(10monthperiodto31December2022:£19,316)for project managementactivitieswhichcoveredprojectmanagementcostsof£9,564(periodto31December 2022: £8,385) with a resulting gross surplus of £15,900 (period to 31 December 2022: £10,931). ``` ``` Theresultsofthecharityfortheyearended31December2023aresetoutintheattached financial statements.Adeficitof£17,919wasdeductedfrom(periodto31December2022:surplusof£16,018 was added to) the general fund. ``` ``` Page 3 ``` ``` BEFRIENDERS WORLDWIDE (REGISTERED NUMBER: 07964782) ``` ## **`Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2023`** ## **`FINANCIAL REVIEW`** ## **`Reserves policy`** ``` Thecharity'sreservesattheyearendwere£94,742(2022:£112,661).TheBoardofTrusteesareof the opinionthatreservesshouldbe at leastat a levelto ensurethe charitycan run efficientlyand meetthe needs ofthemembershipandsustainitsdevelopment.ItisBefriendersWorldwide'sobjectivetomaintain the accumulated reserves to cover its annual operating cost as a minimum. ``` ``` Unrestricted,designatedfundsof£9,788(2022:£9,788)aresetasideforthe"TwinningProject" which encouragescentresindifferentcountriestoworktogetherandexchangebestpractice.Inaddition,cash and readily available funds are maintained at a level to at least meet all current liabilities at any given time. ``` ``` Afurther£1,321(2022:£1,321)washeldinarestrictedfundfollowingadonationbyLifelinkSamaritans for thespecificpurposeoffundingmembershipsubscriptionsforSamaritansofWellingtonInc.overa5 year period. ``` ## **`Going concern`** ``` The Board confirmsthat it has a reasonableexpectationthat BefriendersWorldwidehas adequateresources to continueinoperationalexistencefortheforeseeablefutureandhasassetstofulfilallobligations.For this reason, it continues to adopt the going concern basis in preparing these financial statements. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` BefriendersWorldwideLimitedis a bodyincorporatedunderthe CompaniesAct 2006as a companylimited by guaranteeandnothavingasharecapital.ThegoverningdocumentsaretheMemorandumandArticles of Association as approved by the members. It is also registered as a charity with the Charity Commission. ``` ## **`Recruitment and appointment of new trustees`** ``` MembersoftheBoardofTrusteesareelectedforatermofthreeyears,renewableonagreementof the TrusteeandtheBoard.VacanciesfornewtrusteesareidentifiedbytheBoardtakingintoconsideration the balanceofskillsrequiredandtoreflecttheinternational,multiculturalnatureofthecharity.Candidates are interviewedbyapaneloftheBoardandtheappointmentsareapprovedataBoardmeeting. Upon appointmenttrusteesarerequiredtocompletearegisterofinterestsandaregivenaTrusteeHandbook that includestheMemorandumandArticlesofAssociation.Thereisalsoaformalinductionprocess,and trustees may undertake relevant training where appropriate. ``` ``` All trustees are non-executive and work for Befrienders Worldwide in a voluntary capacity. ``` ## **`Organisational structure`** ``` BefriendersWorldwideisgovernedbyaBoardofTrustees,whichcomprisestheChair,Treasurerand a minimum of three other board members. ``` ## **`Decision making`** ``` TheBoardofTrusteesisresponsiblefortheoverallgovernanceandstrategicdirectionof Befrienders Worldwide. They meed regularly during the year to consider, determine and review strategy and policy. ``` ``` Page 4 ``` ``` BEFRIENDERS WORLDWIDE (REGISTERED NUMBER: 07964782) ``` ## **`Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2023`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Key risks and uncertainties`** ``` TheBoardassessestheriskstowhichBefriendersisexposedandthemitigationplansinplaceinorder to minimise potential risk. ``` ``` Risks reviewed cover four key areas : ``` ## `Governance` ``` Coversallaspectsoftrusteeactivities,strategy,charitablepurpose/publicbenefitandtheMemorandum and Articles of Association; ``` ## `Operational Activities` ``` Covers delivery of Befrienders' core activities, day to day operations, health & safety and HR activities; ``` ## `Finance` ``` Covers all aspects of financial risk; ``` ## `External environment changes and development` ``` Coverscompetitoractivities,changesinoperatingenvironmentandchangeswithinBefrienders' stakeholder groups. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Company number`** ``` 07964782 (England and Wales) ``` ## **`Registered Charity number`** ``` 1146717 ``` ## **`Registered office`** ``` 5 Beaumont Gate Shenley Hill Radlett WD7 7AR ``` ``` Page 5 ``` ## **`BEFRIENDERS WORLDWIDE (REGISTERED NUMBER: 07964782)`** ## **`Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2023`** ## **`Trustees`** ``` N G Hawkins (Chair) M L Taylor (Treasurer) O F Monteiro D A Brodtman M L Galliano M M Mulindi C M Paranavithana P Skruibis P Yoskittiphat D J Atkinson (Resigned 22 November 2023) N Sood L Zeinoun ``` ## **`Independent Examiner`** ``` R S Harris FCCA Nagler Simmons Chartered Accountants 5 Beaumont Gate Shenley Hill Radlett WD7 7AR ``` ``` Thisreporthas beenpreparedin accordancewiththe specialprovisionsof Part15of the CompaniesAct 2006 relating to small companies. ``` ``` Approved by order of the board of trustees on 26 September 2024 and signed on its behalf by: ``` ``` M L Taylor - Treasurer - Trustee ``` ``` Page 6 ``` ## **`Independent Examiner's Report to the Trustees of Befrienders Worldwide`** ## **`Independent examiner's report to the trustees of Befrienders Worldwide ('the Company')`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended 31 December 2023. ``` ## **`Responsibilities and basis of report`** ``` Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are responsibleforthepreparationoftheaccountsinaccordancewiththerequirementsoftheCompanies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobe auditedunderPart16of the 2006Actand areeligibleforindependentexamination,I reportin respectof myexaminationof your charity's accountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act').Incarryingout my examinationIhavefollowedtheDirectionsgivenbytheCharityCommissionunderSection145(5)(b)of the 2011 Act. ``` ``` Page 7 ``` ## **`Independent Examiner's Report to the Trustees of Befrienders Worldwide`** ## **`Independent examiner's statement`** ``` I have completedmy examination.I confirmthat no mattershave come to my attentionin connectionwith the examination giving me cause to believe: ``` `1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or` `4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be reached. ``` ``` R S Harris FCCA ``` ``` Nagler Simmons Chartered Accountants 5 Beaumont Gate Shenley Hill Radlett WD7 7AR ``` ``` 30 September 2024 ``` ``` Page 8 ``` ``` BEFRIENDERS WORLDWIDE ``` ## **`Statement of Financial Activities`** ## **`FOR THE YEAR ENDED 31 DECEMBER 2023`** |**`Unrestricted`**
**`funds`**
**`Notes`**
**`£`**
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
`14,755`
`Other trading activities`
`3`
`25,464`
`Other income`
`4`
`-`
**`Total`**
`40,219`
**`EXPENDITURE ON`**
**`Raising funds`**
`Other trading activities`
`9,564`
`9,564`
`Other`
`48,574`
**`Total`**
`58,138`
**`NET INCOME/(EXPENDITURE)`**
`(17,919)`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`122,449`
**`TOTAL FUNDS CARRIED FORWARD`**
`104,530`|**`Year Ended`**
**`31.12.23`**
**`Restricted`**
**`Total`**
**`funds`**
**`funds`**
**`£`**
**`£`**
`-`
`14,755`
`-`
`25,464`
`-`
`-`
`-`
`40,219`
`-`
`9,564`
`-`
`9,564`
`-`
`48,574`
`-`
`58,138`
`-`
`(17,919)`
`1,321`
`123,770`
`1,321`
`105,851`|**`Period`**
**`1.3.22`**
**`to`**
**`31.12.22`**
**`Total`**
**`funds`**
**`£`**
`39,784`
`19,316`
`7,607`| |---|---|---| |||`66,707`| |||`8,385`| |||`8,385`
`42,304`| |||`50,689`| |||`16,018`
`107,752`| |||`123,770`| ``` The notes form part of these financial statements ``` ``` Page 9 ``` ## **`BEFRIENDERS WORLDWIDE (REGISTERED NUMBER: 07964782)`** ## **`Balance Sheet`** ## **`31 DECEMBER 2023`** |**`Unrestricted`**
**`funds`**
**`Notes`**
**`£`**
**`CURRENT ASSETS`**
`Debtors`
`10`
`300`
`Cash at bank`
`109,095`
`109,395`
**`CREDITORS`**
`Amounts falling due within one year`
`11`
`(4,865)`
**`NET CURRENT ASSETS`**
`104,530`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`104,530`
**`NET ASSETS`**
`104,530`
**`FUNDS`**
`12`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|**`Restricted`**
**`funds`**
**`£`**
`-`
`1,321`
`1,321`
`-`
`1,321`
`1,321`
`1,321`|**`31.12.23`**
**`Total`**
**`funds`**
**`£`**
`300`
`110,416`
`110,716`
`(4,865)`
`105,851`
`105,851`
`105,851`
`104,530`
`1,321`
`105,851`|**`31.12.22`**
**`Total`**
**`funds`**
**`£`**
`-`
`127,971`
`127,971`
`(4,201)`
`123,770`
`123,770`
`123,770`
`122,449`
`1,321`
`123,770`| |---|---|---|---| ``` Thecharitablecompanyis entitledtoexemptionfromauditunderSection477oftheCompaniesAct2006 for the year ended 31 December 2023. ``` ``` The membershavenot requiredthe companyto obtainan auditof its financialstatementsfor the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` The notes form part of these financial statements ``` ``` continued... ``` ``` Page 10 ``` ## **`BEFRIENDERS WORLDWIDE (REGISTERED NUMBER: 07964782)`** ## **`Balance Sheet - continued 31 DECEMBER 2023`** ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on 26 September 2024 and were signed on its behalf by: ``` ``` M L Taylor - Treasurer - Trustee ``` ``` N G Hawkins - Chair - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 11 ``` ``` BEFRIENDERS WORLDWIDE ``` ## **`Notes to the Financial Statements`** ## **`FOR THE YEAR ENDED 31 DECEMBER 2023`** ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharitablecompany,whichisapublicentityunderFRS102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities: Statementof RecommendedPracticeapplicableto charitiespreparingtheir accountsin accordance with theFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)',the Charities Act2011,FinancialReportingStandard102'TheFinancialReportingStandardapplicablein theUK and RepublicofIreland'andtheCompaniesAct2006.Thefinancialstatementshavebeenprepared under the historical cost convention. ``` ``` The presentation currency of the financial statements is Pound Sterling (£). ``` ## **`Income`** ``` All incomeis recognisedin theStatementof FinancialActivitiesoncethecharityhas entitlementto the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesare recognisedas expenditureas soon as there is a legal or constructiveobligation committing thecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequired in settlementand the amountof the obligationcan be measuredreliably.Expenditureis accountedfor on an accrualsbasisand has beenclassifiedunderheadingsthataggregateall costrelatedto the category. Wherecostscannotbedirectlyattributedtoparticularheadingstheyhavebeenallocatedto activities on a basis consistent with the use of resources. ``` ## **`Going Concern`** ``` Thetrusteeshaveassessedwhethertheuseofthegoingconcernbasisisappropriateandhave also consideredpossibleothereventsorconditionsthatmightcastsignificantdoubtontheabilityof the charitytocontinueas a goingconcern.Thetrusteeshavemadethisassessmentfora periodofat least one yearfromthe dateof the approvalof thesefinancialstatements.The trusteeshaveconcluded that thereisareasonableexpectationthatthecharityhasadequateresourcestocontinuein operational existencefor the foreseeablefuture.The charitythereforecontinuesto adopt the going concernbasis in preparing its financial statements. ``` ## **`Legal Status`** ``` The charityis incorporatedas a companylimitedby guarantee,incorporatedin Englandand Wales, and isregisteredwiththeCharityCommission.Theregisteredofficeaddress,companyand charity registrationnumberscanbefoundintheReportoftheTrustees.Themembersofthecompany have undertakento contributeup to theirguaranteeof £1 each towardsthe liabilitiesof the company,in the event that it is wound up whilst they are, or within one year of being members. ``` ## **`Intangible fixed assets`** ``` Intangibleassetsareinitiallymeasuredatcost.Afterinitialrecognition,intangibleassetsare measured at cost less any accumulated amortisation and any accumulated impairment losses. ``` ``` continued... ``` ``` Page 12 ``` ``` BEFRIENDERS WORLDWIDE ``` ## **`Notes to the Financial Statements - continued`** ## **`FOR THE YEAR ENDED 31 DECEMBER 2023`** ## **`1. ACCOUNTING POLICIES - continued`** ## **`Intangible fixed assets`** ``` Priorto the periodended31 December2022websitecostswereamortisedevenlyovertheir estimated usefullifeofsixyears.Trusteescannolongeridentifytheincomestreamassociatedwiththe website developmentcosts,so the remainingcost has been fully amortisedin the currentperiodin line with the requirements of FRS 102. ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the trustees. ``` ``` Designatedfunds are funds set aside by the trusteesout of unrestrictedgeneralfunds for specific future purposesin accordancewith the developmentplans of the organisationand to enable the completion of existing projects. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity. Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted purposes. ``` ``` Cash and cash equivalent s comprise of cash at bank and in hand and interest bearing deposits. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial statements. ``` ## **`Foreign currencies`** ``` Assetsandliabilitiesinforeigncurrenciesaretranslatedintosterlingattheratesofexchangeruling at thebalancesheetdate.Transactionsinforeigncurrenciesaretranslatedintosterlingattherate of exchangeruling at the date of transaction.Exchangedifferencesare taken into accountin arrivingat the operating result. ``` ``` continued... ``` ``` Page 13 ``` ## **`BEFRIENDERS WORLDWIDE`** ## **`Notes to the Financial Statements - continued`** ## **`FOR THE YEAR ENDED 31 DECEMBER 2023`** ## **`2. DONATIONS AND LEGACIES`** |**`2.`**|**`DONATIONS AND LEGACIES`**||| |---|---|---|---| ||||**`Period`**| ||||**`1.3.22`**| |||**`Year Ended`**|**`to`**| |||**`31.12.23`**|**`31.12.22`**| |||**`£`**|**`£`**| ||`Grants`|`-`|`31,000`| ||`Donations`|`14,755`|`8,784`| |||`14,755`|`39,784`| |**`3.`**|**`OTHER TRADING ACTIVITIES`**||| ||||**`Period`**| ||||**`1.3.22`**| |||**`Year Ended`**|**`to`**| |||**`31.12.23`**|**`31.12.22`**| |||**`£`**|**`£`**| ||`Project management`|`25,464`|`19,316`| |**`4.`**|**`OTHER INCOME`**||| ||||**`Period`**| ||||**`1.3.22`**| |||**`Year Ended`**|**`to`**| |||**`31.12.23`**|**`31.12.22`**| |||**`£`**|**`£`**| ||`Foreign exchange gains`|`-`|`7,607`| |**`5.`**|**`NET INCOME/(EXPENDITURE)`**||| ||`Net income/(expenditure) is stated after charging/(crediting):`||| ||||**`Period`**| ||||**`1.3.22`**| |||**`Year Ended`**|**`to`**| |||**`31.12.23`**|**`31.12.22`**| |||**`£`**|**`£`**| ||`Accountancy and bookkeeping`|`990`|`1,686`| ||`Website amortisation`|`-`|`14,184`| ``` continued... ``` ``` Page 14 ``` ``` BEFRIENDERS WORLDWIDE ``` ## **`Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2023`** ## **`6. TRUSTEES' REMUNERATION AND BENEFITS`** ## **`Trustees' expenses`** ``` The charity incurred costs totalling £453 for trustees' entertaining (2023: £88). ``` ## **`7. STAFF COSTS`** ``` Theaveragenumberofemployeesduringtheperiodwasnil(2023:nil),andnostaffcosts were incurred. ``` ## **`8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |**`Unrestricted`**
**`funds`**
**`£`**
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`39,784`
`Other trading activities`
`19,316`
`Other income`
`7,607`
**`Total`**
`66,707`
**`EXPENDITURE ON`**
**`Raising funds`**
`Other trading activities`
`8,385`
`8,385`
`Other`
`42,304`
**`Total`**
`50,689`
**`NET INCOME`**
`16,018`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`106,431`
**`TOTAL FUNDS CARRIED FORWARD`**
`122,449`|**`Restricted`**
**`funds`**
**`£`**
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`1,321`
`1,321`|**`Total`**
**`funds`**
**`£`**
`39,784`
`19,316`
`7,607`| |---|---|---| |||`66,707`| |||`8,385`| |||`8,385`
`42,304`| |||`50,689`| |||`16,018`
`107,752`| |||`123,770`| ``` continued... ``` ``` Page 15 ``` ``` BEFRIENDERS WORLDWIDE ``` ## **`Notes to the Financial Statements - continued`** ## **`FOR THE YEAR ENDED 31 DECEMBER 2023`** ## **`9. INTANGIBLE FIXED ASSETS`** |**`9.`**|**`INTANGIBLE FIXED ASSETS`**||| |---|---|---|---| ||||**`Website`**| ||||**`£`**| ||**`COST`**||| ||`At 1 January 2023`||`23,640`| ||`Disposals`||`(23,640)`| ||`At 31 December 2023`||`-`| ||**`AMORTISATION`**||| ||`At 1 January 2023`||`23,640`| ||`Eliminated on disposal`||`(23,640)`| ||`At 31 December 2023`||`-`| ||**`NET BOOK VALUE`**||| ||`At 31 December 2023`||`-`| ||`At 31 December 2022`||`-`| |**`10.`**|**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**||| |||**`31.12.23`**|**`31.12.22`**| |||**`£`**|**`£`**| ||`Trade debtors`|`300`|`-`| ``` continued... ``` ``` Page 16 ``` ``` BEFRIENDERS WORLDWIDE ``` ## **`Notes to the Financial Statements - continued`** ## **`FOR THE YEAR ENDED 31 DECEMBER 2023`** ## **`11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |`Accruals and deferred income`
**`12.`**
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
`Twinning Project`
**`Restricted funds`**
`Lifelink Samaritans`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are as follows:`
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|**`At 1.1.23`**
**`£`**
`112,661`
`9,788`
`122,449`
`1,321`
`123,770`
**`Incoming`**
**`resources`**
**`£`**
`40,219`
`40,219`|**`31.12.23`**
**`31.12.22`**
**`£`**
**`£`**
`4,865`
`4,201`
**`Net`**
**`movement`**
**`At`**
**`in funds`**
**`31.12.23`**
**`£`**
**`£`**
`(17,919)`
`94,742`
`-`
`9,788`
`(17,919)`
`104,530`
`-`
`1,321`
`(17,919)`
`105,851`
**`Resources`**
**`Movement`**
**`expended`**
**`in funds`**
**`£`**
**`£`**
`(58,138)`
`(17,919)`
`(58,138)`
`(17,919)`| |---|---|---| ``` continued... ``` ``` Page 17 ``` ``` BEFRIENDERS WORLDWIDE ``` ## **`Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2023`** ## **`12. MOVEMENT IN FUNDS - continued`** ## **`Comparatives for movement in funds`** |**`Unrestricted funds`**
`General fund`
`Twinning Project`
**`Restricted funds`**
`Lifelink Samaritans`
**`TOTAL FUNDS`**|**`At 1.3.22`**
**`£`**
`96,643`
`9,788`
`106,431`
`1,321`
`107,752`|**`Net`**
**`movement`**
**`in funds`**
**`£`**
`16,018`
`-`
`16,018`
`-`
`16,018`|**`At`**
**`31.12.22`**
**`£`**
`112,661`
`9,788`| |---|---|---|---| ||||`122,449`
`1,321`| ||||`123,770`| ``` Comparative net movement in funds, included in the above are as follows: ``` ||**`Incoming`**|**`Resources`**|**`Movement`**| |---|---|---|---| ||**`resources`**|**`expended`**|**`in funds`**| ||**`£`**|**`£`**|**`£`**| |**`Unrestricted funds`**|||| |`General fund`|`66,707`|`(50,689)`|`16,018`| |**`TOTAL FUNDS`**|`66,707`|`(50,689)`|`16,018`| ``` The trusteeshave set aside unrestrictedfunds for the TwinningProjectto encouragecentresin different countries to work together and exchange best practice. ``` ``` LifelinkSamaritans- Therestrictedfundsweredonatedby LifelinkSamaritansTasmaniaInc,in order to helpfundmembershipsubscriptionstoBefriendersWorldwidebySamaritansofWellingtonIncover a five year period. ``` ``` continued... ``` ``` Page 18 ``` ``` BEFRIENDERS WORLDWIDE ``` ## **`Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2023`** ## **`13. RELATED PARTY DISCLOSURES`** ``` Therewerenorelatedpartytransactionsfortheperiodended31stDecember2023norforthe period ended 31st December 2022 other than trustees' expenditure disclosed in note 6. ``` ``` Page 19 ```