Docusign Envelope ID 38202D3B-478B-41 B7-9D044BB4FCAF3CA6 Familyfor Every Child Annual Report 23-24 Family for every child Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Contents Contents Welcome to our 2023-24 Annual Report Our work Our impact 10 Looking ahead 12 Financial review, risks and organisational structure 14 Indepèndent auditor's report 23 Financial statements 27 Reference and administrative details 47 Thank you 49 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 We are the member organisations that make up Family for Every Child. i Fomey Center, USA Amara, USA AssociaFao Brasileira Terra dos Homens, Brazil Association for Community Dev8lopm6nt, Bangladèsh BAYTI, Morocco Butterflies, India Children and Families Across Borders ICFA81, UK Children Assistance Programme ICAPI Liberia, Community 8ased Rehabilitation Jamaica ICBRJI. CSID Centre for Setvices and Information on Disability. Bangladesh Challenging Heights, Ghana ChildLink, Guyana Children in Distress Network, South Africa CONACMI, Guatemala Center for the Prevention and Treatment of Chilcl Sexual Abuse, Philippines ENDA Jeunesse Action, Seneg Enfoquo Nifisz, Paraguay EPIC, I￿land First Step, Gambodia Foundation for Innovativè Social Davèlopmènt, Sri Lanka Fluchtlingsrat Niedersachsen, Germany Farm Orphans Support Trust, Zimbabwe Fowm on Sustainable Child Empowerment, Ethiopia Gender Violence Recovery Centre, Kenya Hayat Sènde, Turkiyè Hope Village Society, Egypt INSAF, Morocco Jordan River Foundation, Jordan JUCONI. Mexico KoRcK)t, South Ko Legal Services for Children, USA MEfAdrdSi, Greece Muhammadiyah, Indonesia Mulbery Bush, UK Naba'a, Lebanon P4EC, Russia Paicabi, Chile Pèndak8zo Latu, Kénya Praajak, India Programma Integra, Italy Projèto Lagd, Brazil Semya Kazhdomu Rebenku, Kyrgyzstan Ta118r de Vida, Colombia Together Trust, UK Undugu Society, Kenya Uyisenga Ni Imanzi, Rwanda Voice ol Children, Nepal VOYGE- Whakarongo Mai, New Zealand Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Welcome to our 2023-24 Annual Report Dear Friends and Supporters, As Chair of the Board for Family for Every Child. I present our Annual Report for 2023-24. I'm pleased to be able to share with you the significant achievements that reflect our commitment to supporting children and families when they need it most. Nevertheless, it is with immense sadness that we have witnessed major events significantly affecting the lives of children and families in the last year. The conflict in the Middle East and Ukraine have led to major losses of life, and left countless children without Gare. food and shelter. Climate change has affected millions, leading to drought, famine and displacement in countries such as Kenya and Ethiopia- and wildfires have ravaged Chile. All of this continues against a backdrop of global economic instability, with rising food prices making it even harder for families to access basic needs. In times like these our commitment to be there for children - whatever life brings- is more neGessary than ever. So although there is far more that needs to be done, we are grateful to everyone who has supported us to continue to drive our mission forward. Whether we're providing emergency aid through our Frontline Fund, supporting children on the move to integrate successfully into new communities, or speaking up for the rights of kinship families,. everything we do is designed to help children and families find solace, even in times of immense change and crisis. Our alliance model combines wide global reach with deep local roots, meaning that we are truly tapped into the needs of the Gommunities we serve. This enables us to call for the support that children and families really need, informed by our day-to-day experiences on the ground. Thanks to our efforts to grow our standing on the international stage. we are now better-placed than ever to Gontribute our frontline insights when major decisions are being made at a global level. We've grown our ambassador programme and participation in intemational networks- building a platform for a wide range of voices and ultimately ensuring that local communities have a greater say in the policies that affect children worldwide. As you delve into this report, I hope you are heartened by the resilience and dedication of our members. Our achievements throughout this tumultuous year would not have been possible without your unwavering support and commitment. Thank you for being a vital part of our journey. Warmest wishes, Do¢uSOuned by: Rita 20 September 2024 Rita Panicker Director, Butterflies (India) Chair of the Board, Family for Every Child Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Our work We have worked on a diverse range of projects in 2023-24, reflecting the challenges faced by children and families in the countries where we work. Here is a selection of our key achievements. Supporting children on the move One key achievement was the launch of our'supporting Integration, toolkit. This resource documents and shares good practices for practitioners working with child migrants. Developed as part of a three-year research project, the toolkit focuses on the integration of children moving from the Middle East to Europe. It aims to strengthen support services, ensuring children and young people receive care that fosters their development and well-being. An extension to this project has been initiated. This will focus on improving the integration of Ukrainian families in Greece, Italy and Bulgaria. and build on the toolkit through a cross-Gountry practice exchange and learning series. As well as the toolkit, members in Senegal, South Africa and Ghana documented their practice on supporting children arriving inlo new communities. These briefs were published and shared widely. Three members also came together in Senegal to exGhange good practice and knowledge of children on the move within Africa, following which they developed proposals to incorporate children on Ihe move related policies within alternative care guidelines across the region. We know that the needs of the many children moving within countries in Africa are often neglected by policy makers and researchers, leading to our members carrying out national advocacy strategies to improve policies and protections for children moving internally. We also spoke at an international conference on children's rights to idenlity protection, with a focus on the link between children on the move and birth registration. Worldwide, 165 million children under the age of five are unregistered at birth. In many contexts where our members work, a lack of birth registration puts children on the move at risk of statelessness, depriving them of their rights. To combat this, our m8mb8rs are planning a campaign for 2024 focused on th8 rights of these children and calling for action to end statelessness. Finally, we have begun research into the links between children on Ihe move and climate change in four countries in South Asia. Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Responding fast to crisis situations Children in emergencies around the world need urgent aid. As a global alliance of organisations working in our Gommunities to support Ghildren in need, we have the unique ability to devise an urgent response plan quickly. This year we launched our 'Frontline Fund, which allows us to transfer money directly to our communities as soon as an emergency happens. Currenl statistics show that only 2 % of emergency aid raised globally goes to local organisations. and this fund also allows us to advocate globally for more money to be delivered via this effective model. The Frontline Fund has already helped hundreds of children and families in need, including families fleeing the conflict in Gaza, where our members in Egypt and Lebanon have been providing rapid response aid and essential supplies. We have also been raising funds to support children and families in Chile, where our member ONG Paicabi has been working to help those affected by devastaling wildfires that have destroyed homes and livelihoods. Standing up for kinship care We continue our work to ensure that service providers reGognise kinship Gare as a crucial prevention and family placement option for vulnerable children at risk of violence and abuse globally. Currently approximately 1 in 10 children are looked after by their kin. We achieved a major milestone this year when we published the first ever global guidance on supporting kinship care. Most kinship carers don't get the support they need to look after their children properly and our guidance is a crucial step to changing this. Our online launch event attracled over 500 attendees, and the guidance has been endorsed by over 30 agencies, as well as the Chair of the UNCRC. This guidance has already been utilised by other organisations to develop their own training programmes and inform national policies. It has been presented at conferences in Asia, Africa, Europe, and Latin America. The guidance includes a compilation of over 40 examples of kinship care practices from various national contexts, helping practitioners understand the need for locally tailored approaches. We have also engaged with praGtitioners through our online learning series, showcasing the different approachas to supporting kinship cara included in the guidanca. Tackling sexual violence Through our diverse programme of work, we aim to ensure that practitioners, policymakers, and parents are better equipped to address sexual violenGe against girls and boys. Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 This year, 22 members across 19 countries implemented our annual campaign, Blue Umbrella Day, to highlight sexual violenGe affecting boys. We reached over 230,000 people via social media and 17,000 through face-to-face activities, providing training to 2,500 people on identifying and managing boys at risk. The campaign achieved significant successes, including commitments from govemments to mobilise additional resources and enhance protection and response measures. Organisations outside the Family for Every Child alliance also participated, expanding the reach of Blue Umbrella Day in their respective countries. Additionally, we engaged in several advocacy activities. We developed a report on the mental health needs of boys affected by sexual violence, which was launched at an intemational mental health conference in India. Our advocacy efforts continued at conferences in Europe, Africa, and Latin America. On a national level, our member in Rwanda successfully advocated for the inclusion of their guidance into national-level training on gender-based violence, improving protection for men, boys, and LGBTQIA+ individuals from sexual violence. Reforming care Through our member and partner organisations in New Zealand, we have been working to improve the country's care system. This includes creating collaborative spaces for organisations to work together on the Tick4Kids initiative, a movement designed to engage the public and politicians in discussions about improving the lives of children and young people in New Zealand. We also developed a virtual gallery showcasing the care experiences of young people, calling on politlGians to take action. Launched through an online event, this gallery gamered significant media and political inter8st, promoting the changes that young p8ople want to see. In Asia, through a major collaboration with other international organisations. we organised a continent-wide conference on alternative care. This conference engaged over 300 stakeholders, ranging from young people with care experiences and civil society organisations to donors and govemment representatives. Co-designed by a group of young people, the conference called for immediate actions based on their lived experiences of care. The calls ranged from demanding family-based care for children outside of parental care to including children's voices in decisions that affect them. Flying the flag for emotional wellbeing Members of our Mental Health working group launched their first campaign this year, delivering a crucial message about the importance of children's emotional wellbeing given as much attention as Ghildren's physical heatth. The campaign. titled 'Emotions Matter., reached thousands of children in Colombia, India, Mexico, the Philippines. and Zimbabwe. To spread our campaign messages, we utilised various methods including arts workshops, sports activities, street marches, and social media. Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Bolstering national-level advocacy To ensure that our global priorities align with local needs, we have developed national advocacy projects led by our members worldwide. These projects aim to improve the lives of children in a range of areas, from children on the move to kinship care and sexual violence. Specifically, these national advocaGy efforts seek to influence critical changes, such as the inclusion of boys affected by violence in national gender policies and the enhancement of support for kinship families within national alternative care policies. Platforming local leadership Our ambassador programme enhances our members, leadership capacities and ensures that we can showcase local expertise in high-level international contexts. This includes participation at the UN. where our consultative status provides us with the opportunity to engage in crucial discussions that shape global policy. Additionally, we are active participants in the 'Global Collaborative on Transforming Care,, led by the Better Care Network. Through this initiative, we engage in discussions on how to empower local civil soci8ty organisations, transform int8rnational aid into meaningful international collaboration, and foster partnerships with key child welfare actors and institutions. Developing our global community of changemakers Changemakers for Children, our online community, has now grown to over 4000 users. Over the past year, w8 have developed strategies for our thematic priority ar8as and established n8w working groups. This enables practitioners to better connect on issues that matter to them. Recent developments include launching our Fundraising and Communications community, which supports the long-term financial sustainability of our members. We have also promoted the Reintegration Toolkit for children on the move and introduced a new Emotional Wellbeing programme. Sharing practice across borders Practice exGhange remains a central aspect of our work, and in 2023-4 we hosted numerous events that attracted hundreds of attendees. These sessions covered a range of topics including kinship care, preventing sexual violence, and psychosocial care. We introduced a learning package titled 'Caring for Children and Families in Indigenous Communities, and launched several podcasts in our 'Conversations on Care, series. Additionally, we are developing practitioner guidanGe papers focused on engaging vulnerable youth in advocacy and have created a pilot online leaming course aimed at supporting the mental health of children and families. Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 We also organised a series of in-person practice exchange visits, providing members the opportunity to delve deeper into the work of their peers. Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Our impact The work we do together has wide-ranging impacts. As an alliance formed of local civil society organisations around the world, the difference we make is dependent on the varied contexts in which we work. In this report, we highlight several outcomes achieved by our member organisations during the 2023-24 reporting period. These outcomes include not only significant improvements to children's services but also systemic policy changes that have the potential to transform the lives of hundreds of thousands of children. In Jamaica, the Ministry of EduGalion has agreed to a fomialised relationship with our member CBRJ. The relationship has secured increased govemment investment to support early childhood education and therapeutic intervention for children with disabilities. Additionally, we are ommitted to holding the government accountable in fulfilling its obligations to deliver stronger services for children with disabilities. In the Philippines, we successfully advocated for the government to review laws around kinship care. leading to better protection and support for children. The review recommends issuing a 'Foster Family Care, licence to grandparents and siblings to support them in Garing for a relative's child who needs special protection from abuse, violence, and exploitation. The government is also supporting the collection of data relating to the number of 'at risk, children who could be looked after by their grandparents or a sibling. This data GolleGtion will allow us to understand the full reach of these changes. Through our continued advocacy efforts with the Senegalese government, the Ministry of Justice introduced a new policy for the protection of children in foster families. This policy specifically includes provisions for children on the move, ensuring they can be placed in foster care. This arrangement allows them to thrive in a protective family environment if they have been separated from their parents. In Cambodia, we successfully advocated for the govemment to include boys and children with diverse sexual orientations and gender identities in provincial child protection agendas. The govemment has also committed to investing in protection seNices tailored to the specific needs of these groups. Additionally, we developed an improved training curriculum for social workers, equipping them with the skills to address harmful sexual behaviours in children, a topic previously lacking in comprehensive information. Thanks to our advocacy with the Zimbabwean government, the National Policy for Care and Protection of Children withoLrt Parental Care was approved by the cabinet. This is particularly 10 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 significant as the policy was drafted in consultalion with children. incorporating their recommendations. Our member, FOST, played a crucial role in the technical working group that developed the policy, advocating for the inclusion of greater support for kinship care as the primary option for children without parental care. Additionally, the national policy has adopted several recommendations from the Global Kinship Care Guidance, which Family for Every Child developed in collaboration with practilioners and other organisations from diverse contexts. In Ethiopia, we rescued hundreds of children from situations of trafficking, homelessness, exploitation and abuse, reintegrating them into safe, family homes. Additionally, we mobilised nearly 5,000 community members and government officials across Ethiopia to advocate for an end to unsafe migration, trafficking, and child abuse. Our ongoing advocaGy efforts have significantly increased community participation and ownership in addressing child rights violations through a community-led child protection safety net. The Rwanda Child and Adolescent Méntal Health Strategy now outlines spécific objectivés and interventions tailored for children, along with guidance on supportive tools and safe spaces. Developed by our member UNM as part of the mental health working group, the strategy addresses the previous lack of specific guidance for supporting children and adolescents. This ensures a more comprehensive approach to mental health care for this vulnerable age group. In Bangladesh, our domestic violence awareness-raising programme has been notably successful. Through this initiative, hundreds of children accessed a helpline number to report instances of domestic violence. Children with disabilities also utilised this helpline. This is particularly significant because children with disabilities are at a heightened risk of abuse and hami. In Kenya, we supported hundreds of street-connected children and young people to speak out about their experiences of sexual violence. Additionally, we helped thousands of others seek assistance through awareness-raising campaigns. Street-connected boys, in particular, are at higher risk of sexual violence. which is often seen as a normalised phenomenon. In South Africa, we trained community members with the skills to better protect boys affected by sexual violence. This training is crucial due to the significant under-reporting of such cases in South Africa, despite boys and girls being equally victimised. Boys are less likely to seek help when experiencing sexual violence due to the absence of gender-specific support services. In Montserrado, Liberia, 75 boys bravely spoke out about their lived experiences of child sexual violence. This is particularly remarkable as child sexual violence is a taboo subject and often goes unacknowledged in the country. Thanks to Family's support and our ongoing Gampaign and advocacy work, the boys affected by sexual abuse have been able to access trauma recovery services. Also in Liberia, a trial cohort of children experienced non-violent care and protection in their kinship homes, thanks to a kinship carers training programme. Demonstrating success like this is crucial for advocating the rollout of the training programme countrywide, preventing more children from being separated from their families. Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Looking ahead Through 2024-25. we will continue to strive for a better world for children and families. Read on to hear about some of our key plans. Speaking out on statelessness Children and families can become stateless for a variety of reasons. Some children are never registered at birth, while others may have their nationality withdrawn due to discriminatory laws based on race, ethnicity. religion. language, or gender. Without a documented nationality, children and families fac8 immense difficulties accessing basic rights. such as healthcare and educalion. To combat this, we are currently planning a campaign on statelessness in several countries where we work. Together, we will draw attention to this complex issu8 and advocate for better protections for those affected. Coming together for kinship families Following the successful launch of our Kinship Care GuidanGe, we will hold the first-ever Global Kinship Care Week in October. This event will highlight the crucial role that kinship care plays in the lives of millions of young people. Our aclivities will engage a wide range of target audiences, inGluding children. families, communities. local civil society organisations, policymakers, intemational organisations, and donors. Fortifying the front line EmergenGies, from war and Gonflict to the adverse effects of climate Ghange, cause a wide range of challenges faced by children and families worldwide. As an alliance of organisations with a wide geographic reach and deep community roots, we are well-placed to take swift and effective action when needed. Building on our work this year, we will continue to strengthen our Frontline Fund to respond rapidly to such situations, highlighting the efficacy of local changemakers when children and families need us most. 12 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Celebrating a decade of change During 2024, we will be reflecting on a decade of Family for Every Child and the remarkable joumey we have undertaken to Greate positive change for children. We will hold events to celebrate our achievements, express our gratitude to everyone who has supported us along the way, and plan our direction for the next ten years. 13 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Financial review, risks and organisational structure The Directors, who are also the Trustees of the charity, present their statutory report along with the consolidated financial statements of the charity and its subsidiary for the period frorn 1 April 2023 to 31 March 2024. The financial statements have been prepared based on the accounting policies set out in note 2 to the financial statements. Financial review Income In 2023124, Family for Every Child generated an income of £3.5m, marking an increase of approximately £0.1 m compared to the previous year. Of this total income, £1.9m was contributed by our individual supporters in the UK, including gift aid. Supporters in New Zealand provided £1.1 m. The remaining £0.5m came from a diverse range of SoU￿es, including trusts, foundations, and corporate partners. The New Zealand income continued to increase despite economic challenges in NZ. The investment in NZ fundraising is part of our sustainability investment strategy to secure new sources of income and to stabilise core income for the global alliance during our current strategy period and beyond. The UK fundraising programme is performing well and we continue to Manage the rate of attrition of individual givers within our target envelope of 110/0. Trust & Foundation income is £0.2m higher than the previous year, reflecting the additional grant funding from Oak Foundation the United for Boys project. Expenditure At £3.6m. total expenditure for 2023/24 is broadly at the same level as the previous year12022123.. £3.6ml- Of this amount, £1.9m was expended on charitable activities (compared to £2m in 20221231, £0.6m on raising funds through our existing UK fundraising programme and £1.1 m of sustainability investment. Ensuring our financial sustainability Family has been investing in New Zealand to build a supporter base since 2017., we have continued to review our fundraising programme and we are now at the point of breaking even. We project that this will further increase gradually in the coming years. Our UK supporter base continues to provide vital unrestricted income and although this is decreasing, the funds raised from individual donors are not falling as fast as was initially predicted. Our fundraising costs in the UK are from our focus on a legacy campaign. The balance of our fundraising costs is directed at building on the partnerships we have developed with trusts. foundations, institutions. and corporations. 14 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 We have maintained an agreed upon level of reserves which we use to deliver Family's current strategy in accordance with our policy. Remaining accountable In addition to reviewing financial expenditure against programme plans. we regulady review our results in order to learn where and how we can be more effective in achieving outcomes for children and families. We do this through an annual process of outcome harvesting. where we identify outcomes that have been achi8ved through the network activities. This is part of our wider Results Framework and budget monitoring processes. Reservès At the end of the year, Family held total funds of £1.7m12022123 £1.7ml. Th8 reserves comprise restricted funds for future work £0.4m12022123 £0.2ml. £16k represents the net book value of fixed assets, and £1.3m are unrestricted reserves. In general, Family holds free reserves so that it can respond to risks that are likely to require a period ol adjustrnent, or to take action to capitalise quickly on major unforeseen and strategic opportuntties. Family has a risk-based reserves policy which is reviewed annually and approved by the Board of Trustees. Our current assessment of the free reseNes is that the minimum balance that we require to address the risks we face is £860k. These free reseNes are necessary to manage day to day operating risks, providing cash flow. The £1.3m free reserves balance at the end of the year is higher than this minimum amount because it includes a budgeted amount to cover the expected net operating deficit until the end of the current strategy which ends In March 2025. This net operating deficit has been planned as part of our fundraising strategy and creates a buffer against any rnismatch in timing between incorne and expenditure, and ensures funds are reasonably available for day to day management. Designation of reserves For the financial year 2024125, the trustees approved a £130k designation from the free reserves for operations and innovation projects. These innovation projects are presented through business cases that are linked to a strategic or organisational objective and are mainly to scope or to test out new programmatic approaches. These innovation projects cover varying periods from a few months to two years, but are reviewed on an annual basis. Investments At 31 st March 2024, Family held total investments of £0.8m in cash, of which £350k is held in an interest bearing account. Fundraising Statement At Family for Every Child we undertake fundraising activities in the UK and New Zealand. We work with a number of partner agencies to deliver our fundraising objectives. In 2023/24 we worked with three partner face-to-face IF2F) agencies, one telemarketing agency in New Zealand and one partner telemarketing agency in the United Kingdom. Al agencies are carefully selected and monitored. both through procurement processe8 and in weekly, monthly and quarterly reviews thereafler. All agencies are employed on a contractual basis and clauses are in place which allow Family for Every Child to temiinate the relationship if they do not comply with our agreed policies and procedures. The fundraising team regularly monitors all campaigns by listening to telephone calls, visiting F2F teams and conducting mystery shopping. We are a member of the Public Fundraising Regulatory Association in New Zealand and the Institute of Fundraising in the UK. We are compliant with GDPR in the UK and the Privacy Act 2020 in New Zealand. As part of this 15 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 strategy we ascertained supporter opt-ins to ￿CeiVIng communications where they did not fall under the category of 'Legitimate Interest,. Our website and communications (digital and print) clearly state our data protection policies and offer the opportunity lo opt out of receiving communications. On our website we display our 'Supporter Promise, and our policies on acceptance and refusal of donations, our privacy policy and our position on refunds. Our Supporter Care Team ensures that we resolve donor and supporter complaints within our Service Level Agreement. Complaints and issues are recorded appropriately. Family for Every Child is committed to best practice in fundraising and follows the strict code of conduct for face-to-face fundraising. During 2023-24 we received no complaints relating to fundraising in the UK. We have had 12 complaints related to fundraising in New Zealand, and all have been fully resolved. The number of complaints in New Zealand account for less than 0.1 % of our NZ supporter base. All complaints are logged with our agencies and a written response is provided within a strict time frame. Additional training is provided to our agencies where necessary. Family for Every Child is committed to protecting vulnerable donors and we ensure that all F2F and Telemarketing recruiters are trained by Family for Every Child team members. We use this session to train them on the work of Family for Every Child and also to talk about our ethical approach and supporter promise. In New Zealand we train each recruiter on our F2F Code of Conduct policy. Grant-making policy Our members implement joint initiatives and projects on behalf of the Alliance. This can require funds to be mobilised by the Secretariat lo members who are then accountable for the use of funds and reporting on the delivery of activities. We have an onward granting policy which lays out the roles and responsibilities, reporting requirements and administrative processes. Members develop and agree proposals and budgets before a funding agreement is signed and funds transferred. As part of the membership criteria for Family all members are required to go through a due diligence review and to share information on their financial position, financial managernent and intemal controls. Going Concern The Trustees have reviewed Family's activities, financial position and risk management pc>licies together with factors likely to affect future development. including the impact of economic uncertainty on income. Family has adopted prudent financial planning assumptions and is working towards alignment ol income and expenditure on a rolling basis. In August 2024 the Board reviewed an 15 month rolling forecast that includes a refore¢asting of the budget for 2023124 and projections to end of Sep 2025. The closing unrestricted fund balance as at end of September 2025 per this forecast is £1.2m. This expected closing unrestricted reserve is c 400h higher than the minirnum reserve balance required per our Reserve Policy. Considering the closing financial position at 31st March 2024. the resilience of our income streams and our prudent approach to future financial planning, the Trustees do not consider that a material uncertainty exists in relation to the ability of Family for Every Child to continue as a going concern for the foreseeable future. Accordingly, the Trustees are satisfied that the going concern basis is an appropriate approach for the preparation of the financial statements. 16 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Risk Management The Board is ultimately responsible for setting risk appetite lor tolerance), and ensuring the effectiveness of Family's internal controls. The principal risks to which Family is exposed are regularly reviewed and mitigating actions are taken to reduce the impact and likelihood of the risks. The Resources Mobilisation and Communications Committee (formerly Finance and HR Committeel monitors the risk register quarterly. The Leadership Team ensures that the day-to-day risk management processes are embedded across the organisation through effective implementation of policies and procedures. A risk matrix can be found as follows.. Rlsk category and tolerdnce Prfnclpal rfsks Mltlgatlng strategles and controls Fiduciary- including fraud and compliance The possible risks are that any fraud or financial malpmctice within Family may not b9 dèt8etèd duè to wèak conlrols in the Secretariat, resulting in Ioss of funds and r8PLrtational damaga. Family has robust internal controls and compliance procedures as well as comprehensive policies. Dué diligèncè eh8eks ara earrisd out on member organisations. Our tolèranes for risk in this category is low, since we have PLrt in plac& a number of internal controls that arè ragularly reviewed Financial - including fundraising from individual givers, trusts and foLJndations The fundraising climate remains challenging, and is set to b8COm8 mor8 so as governments reallocate overseas humanitarian budgets to dom8stie responses. Family has a clear plan lor long-term financial sustainability. We a￿ continuing worf( to diversify our income sources, which includes investing in fundraising in NZ and building rdationships with High Value donors, trusts and foundations. Our tolerance for financial risk is moderat8 sine8 W8 are investing in Innovative strategies to generate more income. In addition, global economic pressures are increasing, and this may impact our ability to attract and retain supporters Iparticularfy in th8 UK and NZ where our individual supporter bases are located) and maintain cor8 funds. We closely monitor our individual giving programmes and agency contracts to ensure the b8St return on investment. We are monitoring the current banking crisis as part of our 8Xt8rnal scanning proc8ss. We a￿ also closely monitoring inflation as well as interest rat8s in the UK. Impact- in¢luding Communieations., Programmas, Reputation, Relationships Imember and CSOS l other stratégie rèlationshipsl,. Mèmbèr engagement, Public engagement) There 15 a risk that the global and local cris8s impact our members, capacity to engage with our work, risking our ability to achièva our stratègic We are focussing our action on thematic areas wher8 we can deliver tho most impact for children. Wè work stratÈgically with a broad movèmènt ol civil society organisations.. supporting children on the move, preventing sexual viol8ncè and rècognising kinship carers. Our toleranc6 for this catègory ol risk is high as we seek to achieve impa¢t for millions of children globally in innovative ways. There is a risk of lack of member engagement, leading to failure to demonstrate our model and delivery of gods. We also actively mitigate through the Member Engagement plan. The member annua survey has also inlomed interests of the members and areas they wish to contribute and lead on. Another risk is that la¢k of con5iStent, systematic and resourced relationship management of strategic partners leads to mlS58d opportunities for greater impact. We have developed a more comprehensive and methodical approach to mapping strategic partners and relationship management. 17 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Operational - including people, technology. data, travel, systems and processès B￿a¢heS of compliance, cyber security or data loss could risk finès and impact activities. We continually work to St￿ngthen our resilience to cyber threats. data breaches, managèmént of travél sacurity risks and compliance with legal and tax requirements. Our tolerance for risk in this category is low, as wè havè recently completed a Gybersecurity review and used th8 recomm8ndations to improve our internal controls. Low morale, poor performance, inèffeetivè ways of working or lack ol leadership could impact delivery and Cause reputation risk. Wè havé règular phishing tèsts, wè havé cybersecuricy training for our staff and we recently Completed a cybersecurity review. We hav8 trav81 insurance, SUPPOrted by trav81 security in place. W8 actlV81y support th8 wellb8ing and development ol our people, and monitor performance. Our strategy specifically includ8s a plan to d81iv8r chang8 by living out our values in the way we work. Saf*guarding- including children, vulnerable adults, and Wéak policy, processes or understanding could lead to a saf￿u￿rd1ng incident eonneeted to Family's work or to members, work. This would Cause harm to vulnerable adults or childrèn and reputational risk to Family. W8 arè invèsting In strèngth8ning our safeguarding practices, including training lor staff and w8 have a truste8 and saf8guarding officers with dèsignatéd rèsponsibility for safeguarding. In an ideal world there would be no safeguarding incidents, but since we work with vulnerablè child￿n, we acthowledge that we can never fully eliminate risk, especially with the Inc￿aSe In our digital activities. Our tolerance in this category is thereforg moderat8, in order to allow us to test innovative methodologies and broaden our reach by digit èngagemènt. Our proeéssés enable us to quickly identify risks in order to reduce impact. Wè 8xpèct our mambars likèwisè to hava high standards and robust procedu￿, and we support them to strengthen these where necessary. There is a risk that weak safeguarding support to members without alignment with local contexts using traditional patronising approaches will cause failure in safèguarding childran and young people., failure in living out our model of decolonising aid and èvèntually the dèlivary of living out our values. 18 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Structure, governance and management Family for Every Child is a charitable company registered with the Charity Commission for England and Wales and with Companies House. All our members are local or national civil society organisations or networks focussing on children's care issues who share our collectiv8 vision of a world in which children and families everywhere have acc8SS to the support they need to suNive and thrive. Family is led by its members, with a majority of the board being elected by and Irom the members. Our Board is accountable to the membership and reports annually at the General Meeting. Our operations are coordinated by a Secretariat which coordinates global activities with members and other local civil society organisations and strategic partners. Family is governed in accordance with the Charity Governance Code, the Articles of Association and Governance Manual. The Governance Manual details the roles and responsibilities of the Assembly of Members, Board. and Secretariat, and the procedures for Meetings of these bodies and decision-making. The board commits to acl with integrity in accordance wilh Family's values and endeavours to create a culture which helps the organisation to achieve its charitable purposes. The board is aware of the importance of the public's confidence and trust in charities, and trustees undertake their duties accordingly. These are embodied in Family's strategic objectives. The Alliance is committed to becoming a model of ways of working that reflects equity. diversity and inclusion,. and conlribules towards CSOS reclaiming power based on an inter-cultural approach. Our collective work is led by diverse organisations in every region of the world. Family believes in collective leadership and working horizontally, bringing together its Alliance member organisations, Secretariat and Boards. The Assembly of Members is responsible for electing the majority of the Board and receives reports from the Board at the General Meeting. It discharges its governance duties under the Companies Act and votes on any changes required to the Articles of Association or the Governance Manual. The Board of Trustees is responsible for the strategy and governance of the organisation. The Board oversees the performance of the Secretariat and holds the CEO to account. The Board meets on a quarterly basis. The Board co-opls independent trustees to fill any skills gaps on the Board. Co-oplion is through an open process of advertisement and recruitment. There are three committees which are advisory to the Board and have no decision-making authority- Advisory groups, such as one to support the Digital strategic objective, may also be set up as needed to provide advice to the Board. Board Governance Committee The Board Govemance Committee ensures best practice in good govemance of Family as a whole, by establishing effective ways of working, overseeing composition of the committees and boards and the appointment of their officers, and ensuring the boards meet their regulatory obligations. including in relation to safeguarding. The Committee also oversees the board development programme, ensuring that new trustees receive a comprehensive induction to the role, and that trustees as individuals and the board as a whole are supported and board effectiveness is assessed as appropriate. 19 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Resources Mobilisation and Communications Committee Iformedy Finance & HR Committeel The Resources Mobilisation and Communications Committee supports the Board to oversee Family's financial strategy to ensure Family's sustainability, including oversight of its fundraising and communications strategy and any other income generation initiatives. It also oversees Family's people management and resourcing policies, practices and approach to reward and compliance and Family's management and mitigation of organisational risk. The Committee provides the Board with assurance that appropriate processes and systems are in place to enable Family to be accountable to its stakeholders for impact. Membership Committee The Membership Committee oversees adherence to the Member Charter and Relationship Framework. and advises the board on the strengths and weaknesses of the Alliance. The Committee supports the Board to assess and invite new members, and oversees the member journey, including making recommendations on Changes to membership status and addressing any concems. The Committee is responsible for the implementation of Family's Due Diligence Framework, which includes upholding safeguarding. internal controls and governance standards. Secretariat The Secretariat is responsible for coordinating and delivering Family's operations and activities. The Secretariat works closely with members to facilitate engagement and participation in the network, harness new opportunities, and ensure that activities are delivering impact for children and families. The Secretariat is led by the CEO and Leadership Team who together are responsible lor directing. controlling, running and operating the Charity on a day to day basis. The pay of the Leadership Team is reviewed annually in conjunction with all staff within the Charity and any increase is applied following agreement by the Trustees. Related Parties The primary purpose of our subsidiary organisations is to support fundraising for our international Alliance. Family Alliance Inc Family Alliance is a non-profit registered and incorporated in New York, USA. It was established in 2014 with the charitable purpose of providing supportive and caring family environments for children by funding learning and research services of organisations that establish and share wilh others best practice in children's cart, and establish and maintain such programmes worldwide. Family Alliance has its own board of directors. Family for Every Child IUK) is the sole member of Family Alliance and has control by virtue of being able to appoint and remove trustees. One of the trustees of Family for Every Child sits on the Board of Family Alliance as a 'link' trustee, to ensure synergy between the two boards. The Board of Family Alliance reports to the Board of Family on a quarterly basis, and to the Assembly of Members through the International Board each year at the General Meeting. Family for Every Child Trust New Zealand Family for Every Child Trust New Zealand is a charitable trust registered in New Zealand. It was established in 2017 with the purpose of supporting Family's Individu￿ giving fundraising programme by establishing a supporter base in NZ. 20 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Family NZ has its own board of trustees. Family for Every Child (UK) has control by virtue of being able lo appoint and remove trustees. One of the trustees of Family for Every Child sits on the Board of Family NZ as a 'link' trustee, to ensure synergy between the two boards. The Board of Family NZ reports to the Board of Family on a quarterly basis, and lo the Assembly of Members through the International Board each year at the General Meeting. Other Related Parties Family is the sole member of Everychild, Everychild Trading Ltd, The European Children's Trust and The Christian Children's Fund of Great Britain, all of which are limited by guarantee and have no share capital. Family owns the whole of the ordinary share capital of Everychild Trading Limited. Public Benefit As Trustees we have given due consideration to the Charity Commission's published guidance on the Public Benefit requirement under the Charities Act 2011. We believe that, in achieving the objectives described in this report, Family for Every Child meets the public benefit requirement. As described eadier in the report, the main activities we undertake to further our charitable purpose for public benefit are research, advocacy, campaigns, contribution to policy positions and technical assistance to change the behaviour of national, regional and global decision-makers. The aim is to improve policy, programmes, practice and resource allocation to support children without adequate care around the world. Also, through practice exchange and knowledge sharing and learning activities across the Alliance and beyond le.g. inter-agency collaborationl. members, land external partners'l own practice is strengthened so that they are able to better support the vulnerable children. families and communities that they work with. Statement of trustees, responsibilities The trustees (who are also directors of Family for Every Child for the purposes of Company Lawl are responsible for preparing the Group Strategic Report, Trustees. report and the financial statements in accordance with applicable law and regulations. Company law requires the Trustees to prepa￿ financial statements for each financial year. 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 stale of affairs of the charitable company and the group and of ils incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. The trustees are required to.. select suitable accounting policies and then apply them consistently apply the methods and principles of the Charities SORP make judgements and estimates that are reasonable and prudent slate whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements prepare the financial statements on the going-concem basis unless it is inappropriate to presume that the charity will continue to operate. The trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charitable company and group's transactions and disclose with reasonable accuracy al any time the financial position of the charitable group and enable them to ensure that the financial statements Comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 21 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 The trustees of Family for Every Child are responsible for the maintenance and integrity of the corporate and financial infomiation included on the charitable group's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Information provided to auditors Each of the persons who is trustee at the date of approval of this report confirms that= so far that the trustee is aware, there is no relevant audit information of which the company's auditors are unaware,. and the trustee has taken all the steps that he/she ought to have taken as a trustee in order to make himself/herself aware of any relevant audit information and to establish that the company's auditors are aware of that information. This confirmation is given and should be interpreted in accordance with the provisions of section 418 of the Companies Act 2006. Pursuant to section 487 of the Companies Act 2006, the auditor will be deemed to be reappointed arhd Haysmacintyre LLP will therefore continLJe in office. The annual report and accounts is approved by the Board of Trustees on 5 September 2024 and signed on its behalf by the Chair of the Board= Docuslgned by.. 20 September 2024 Rita Panicker Chair of the Board of Trustees 22 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Independent auditor's report Oplnlon We have audited the financial statements of Family for Every Child for the year ended 31 March 2024 which comprise the Consolidated and Parent Balance Sheet as at 31 March 2024. the Consolidated Statement of Financial Activities, the Consolidated Statement of Cash Flows for the year and notes to the financial statements. including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements= give a true and fair view of the state of the group's and of the charitable company's atFairs as at 31 March 2024 and of the group's and charitable company's net movement in funds, including the income and expenditure. for the year then ended- have been propedy prepared in accordance with United Kingdom Generally Accepted Accounting Pra¢ti¢e', and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concem basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that. individually or collectively. may cast significant doubt on the group and charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised lor issue. Our responsibilities and the responsibilities of the trustees with respect to going concem are described in the relevant sections of this report. 23 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Other infomiation The trustees are responsible for the other information. The other information comprises the infonnation included in the Trustees, Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent othewise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information. we are required lo report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2(K>6 In our opinion, based on the wort< undertaken in the course of the audit- the infomiation given in the Annual Report Iwhich includes the strategic report and the directors, report prepared for the purposes of company lawl for the financial year for which the financial statements a￿ prepared is consistent with the financial statements., and the strategic report and the directors, report included within the Trustees, Annual Report have been prepared in accordance with applicable legal requirements. Matter8 on whlch we are requlred to report by exceptSon In the light of the knowledge and understanding of the group and charitable company and tts environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Annual Report (which incorporates the strategic report and the directors, reportl- We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been kept by the group and charitable company. or the group and charitable company financial statements are not in agreement with the accounting records and returns- or certain disclosures of trustees, remuneration specified by law are not made- or we have not received all the infomiation and explanations we require for our auditl- or the trustees were not entitled to prepare the financial statements in accordance with the small companies, regime and take advantage of the small companies, exemptions in preparing the trustees, report and from the requirement to prepare a strategic report. Responsibilities of trustees for the financial statements As explained more fully in the trustees. responsibilities statement set out on page 21, the trustees Iwho are also the directors of the charitable company for the purposes of company lawl are responsible for the 24 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the group's and the parent charitable company's ability to continue as a going concern, disclosing. as applicable. matters related to going concern and using the going concem basis of accounting unless the trustees either intend to liquidate the group or the parent charitable company or to cease operations. or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance aboLrt whether the financial statements as a whole are free from material misstatement. whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordance with ISAS IUK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities. including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material rnisstaternents in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. Based on our understanding of the charitable company and the environment in which it operates, we identified that the principal risks of non-compliance with laws and regulations related to company law and applicable employment regulations, and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006 and the Charities Act 2011, and consider other factors such as payroll taxes, General Data Protection Regulation and compliance with local legislation by the group's overseas subsidiaries. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls), and determined that the principal risks were related to posting inappropriate joumal entries to revenue and management bias in accounting estimates. Audit procedures performed by the engagement team included: Discussions with management including consideration of known or suspected instances of non-compliance with laws and regulation and fraud., Evaluating management's controls designed to prevent and detect irregularities., Identifying and testing journals, in particular journal entries posted with unusual account combinations, and Challenging assumptions and judgements made by management in their critical accounting estimates. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events 25 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 and transactions reflected in the financial statements, as we will be less likely to become aware ol instances ol non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at.. . This description forms part of our audf(or's report. Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 ol Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we ar8 required to state to them in an Auditor's report and for no other purpose. To the fullest exlenl permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charttable company's members, as a body, for our audit work. for this report. or for the opinions we have formed. Steven Harper (Senior Statutory Auditor) For and on behalf of Haysmacintyre LLP, Statutory Auditor 10 Queen Street Place, London EC4R 1AG Date.. 4 October 2024 26 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Financial statements Family for Every Child: Consolidated Statement of Financial Activities Ilncorporatiro an in¢omp and expenditu￿ a¢¢ountl RYt￿y￿¥*nd￿d 31 March2024 Unrestricted Restricted Total Totsl 2W24 2024 2024 Notes Income from: Donations and legacies 2.963.790 559.315 3,523,105 3.395.345 Inv88tm8nt Inccme 17,803 17,603 6,372 Totsl income 2,981,S93 559,315 3,540,708 3,401,717 Exp8ndlture on: Ralslng funds Funclrai5ing and Gotntnunications $56.758 61 556,819 533.427 Sustalnability Inve8t￿nt 1.140,580 1,140.580 1,044,8B5 1,697,338 61 1,697,399 1,578,112 haritable aGtivitie$ Focusing our action to make the most impact 0,828 393,982 1,¢)44,810 1,027,762 Growing a grassroots rnovement of loGal CSOS and practitioners to better achieve our goa15 456.997 8.2￿ 465,206 597.664 Harnes￿￿9 the power of Lligital to increase Oureff￿tlVene55 150,371 150,371 173.849 D&livering change by living our valu8s 210,575 210,575 222,573 1.468.771 402.191 1,870,962 2.021.848 Totsl expendilure 3,166,109 402,252 3,568,361 3,599,960 Net Income I {Expendi￿re} forthe year 1184,7181 157,063 127,6531 1198,2431 Exchange gain / Oossl 117,4191 (1,5551 Transfer offund5 15 Nèt movement in funds I202,1￿) 157,0 145,0721 1205,7981 R6conclllatlon of fund8 Total funds brought forward 15 1.543,777 204,592 1,748,369 1,954,167 Totsl funds carrlad fotrward 1.341,642 361,6￿ 1,703,297 1,748,369 The statement of financial activities includes all gains and losses in the year. All income and expenditu derive from continuing activities. Movement in funds are shown in note 15 to the financial statements. The notes to the consolidated financial statements on pages 30 to 46 form part of these consolidated statements. 27 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Family for Every Child Consolidated and Parent Balance Sheet as at 31 March 2024 (Company registratlon numb8r 069747331 2024 2023 Charfty Group Charlty Group Notes Fixed A$set$ Intangible assets 11,111 30.803 30.803 Tangibk assets 4,417 4,417 4,555 4,555 Investment5 12 823,269 823,269 1.134.708 1.134.708 Totsl fixed assets 838,797 838,797 1.170.066 1.170.066 Current Assets Debtors. prepayments and accrued income 13 639,969 516,011 425,539 341,786 Cash and bank 260,829 650,000 252.283 650.000 900,7 1,166,011 677.822 991.786 Liabilities.. Creditors Amount5 falling due thin one ye8r 14 1284,1971 1301,5111 1366,6531 1413,4831 Net Current Assets 616,601 864,500 311.169 578.303 Totsl Net A888t8 1,455,3 1,703,297 1.481.235 1.748.369 Funds: Unrestricted funds General funds 16 994,864 1,211,642 1.089.727 1.325.777 De5unated fund5 1S 130,000 130,000 218.000 218.000 Restricted funds 330,544 361,655 173.508 204.592 Totsl funds 1,481,235 1,748,369 1.481.235 1.748.369 Charlty only summary of results: Total incoma, expenditure and net result for the year for the Charity only were £2,492,59812023: £2,363,759), £2,518.62212023.. £2,600,557) and £25,810 deficit12023= £263.7981 respèctively. Approved and authorised for issue by the Trustees on 5 September 2024 and signed on their behaff by= Docusigned by.. 20 September 2024 OE7463... er anic Chair of the Board The notes to the consolidated financial statements on pages 30 to 46 form part of these consolidated statements. Company Number: 08177641 28 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Consolidated Statement of Cash Flows For th8 y8ar 8nd8d 31 March 2024 2024 2023 Cash flows from op8rat6ng actlvltl88'. N8t cash (used in) 0￿ratIng activities 1309,2711 1230,9811 Ca$h flokn¥ from investing a￿1vill¢s= Purchase 0ftangIb￿ fixèd assèts 12,3521 11,1501 Purchasè of intangible fixed assets Interest on investments 17,603 6.372 Net cash provided by (used in) investing activities 15,251 5.222 Change in cash and cash equivalent8 in the reporting period 1294,020 1225,7591 Ca8h and cash equivalents at beginning of y&ar 1,784,608 2.017.922 Change in Ga5h and cash equivalents due to exchange rate movements 117,4191 17,5551 Cash and rash equivalerts at end of the period 1,473,169 1.784.608 2024 2023 Re¢on¢iliation of net {expenditu￿> to net ¢a$h flow from operating a¢tivities Net Income for the year las p&r the slateff*nl of financial activities) 145,0721 1205,7981 Adjustments for.. Depreciation and am0rtiSat￿Th charges 22,182 24.043 Ilncreas8lld8crease in debtors 1174,225 1151,4791 Increaselldecr6as&l in creditors 1111,9721 100.810 Interest from investments 117,603 16,3721 IGainllL055 on exchange rale movements 17,419 7.555 (Profilllloss on disposal of tangible fixed asset 260 1309,2711 1230,9811 Analysis of cash and cash equivalents Cash at bank and In hand 650,000 650.000 Ca8h in inve$tmenl8 823,169 1,134.608 1,473,169 1.784.608 The notes to the consolidated financial statements on pages 30 to 46 form part of these Gonsolidated statements. 29 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Notes to the consolidated statements FgrthpyvwEnthd 31 ￿4￿h2o24 1. Company information Family for Every Child (Family) is a charity and as such is a non-profit making organisation, limited by guarantee and therefore with no share capital. The number of members at 31 March 2023 is 46 and their liability on a liquidation 18 limited to £1 each. Family is registered as a limited liability company in England and Wales under number 08177641 and its registered office is 75 King William Street, London, EC4N 78E. The Company is a Public Benefit Entity registered with the Charity Commission under number 1149212. 2. Accounting policies The principal accounting policies adopted in the preparation of the accounts are as follows= la) Basis of accounting The accounts (financial statements) have been prepared in accordance wilh the Statement of Recommended Practice Accounting and Reporting by Charities ISORP FRS 1021 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006 and the Charities Act 2011 and UK Generally Accepted Practice. Going Concem: Family's 5 year strategy, referenced in the trustees annual report in the section on future plans, sets out an approach to the sustainability of the organisation. Family has adopted prudent financial planning assumptions and is working towards alignment of income and expenditure on a rolling 18 month basis. In August 2024 the Board reviewed an 15 month rolling forecast that includes a reforecasts of the budget for 2024125 and projections to end of Sep 2025. The closing unrestricted fund balance as at end of September 2025 per this forecast is £1.2m. This expected closing unrestricted reserve is c43 % higher than the minimum reserve balance required per our ReseNe Policy. Taking into consideration the closing financial position at 31 st March 2024, and key financial assumptions and analysis by tnanagement, the Trustees are sat15fied that Family for Every Child will be able to continue as a going concern for the foreseeable future and do not consider that a material uncertainty exists in relation to the ability of Family to continue as a going concern for the foreseeable future. Accordingly, it continues to adopt the going concem basis in preparing the financial statements as outlined in the report of the trustees on page 16. (bl Consolldatlon The financial statements have been prepared consolidating the result of the Charity and its subsidiaries undertakings Family Alliance and Family New Zealand Trust. The results of the subsidiary are consolidated on a line by line basis. See Note 18 for further details. 30 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 The entity has taken exemption from presenting its unconsolidated profit and loss account under section 408 of Companies Act 2006. During the period other subsidiary companies, namely.. Everychild, Everychild Trading Limited, The European Children's Trust IECT) and The Christian Children's Fund of Great Britain ICCFGBI had no significant transactions to report and were dormant. Hence they have not been consolidated in the accounts on the grounds of immateriality. Ic) Income Income is accounted for when the Charity has entitlement, there is probability of receipt and the amount Can be measured. Income is deferred only when the donor has imposed pre-conditions on the expenditure. Residual legacy income is recognised at the earlier of th8 receipt of income, or notification of a distribution, or upon receipt of final estate accounts, and when it is probable that it will be ￿Ceived. Pecuniary legacies are recognised on receipt of income. Gifts in kind are valued and brought in as income and the appropriate expenditure where the third party providing them bears a financial cost. The value placed on resources included in the Statement Of Financial Activities ISOFAI is the value lo the Charity of the seNice or goods received. Family measured the value by estimating how much it would have had to pay for the service on the open market, unless this was difficult to estimate, in which case we have used the actual cost to the donor. Idl Financial assets and liabilities Financial assets and liabilities are initially re¢ognised at transaction value and are subsequently measured where applicable at amortised cost. Financial assets held at amortised cost comprise cash at bank, together with trade and other debtors. Financial liabilities held at amortised cost comprise trade and other creditors. Financial assets and liabilities exclude statutory assets and liabilities, prepayments and deferred income. No discounting has been applied to these financial instruments on the basis that the periods over which amounts will be settled are such thal any discounting would be immaterial. lel Operating lease rentals Costs in respect of operating leases are charged to expenditure over the term of the lease. If) Forelgn currency Assets and liabilities in foreign currencies are translated into sterling at the balance sheet date. Transactions in foreign currencies are translated into steding at the appropriate rate of exchange rLJling at the date ol the transaction. Gains or losses resulting from conversion of foreign cutTencies have been dealt with in the Statement of Financial Activities. Igl Critical accounting estimatss and areas ol judgement Preparation of the accounts require the trustees and management to make significant judgements and estimates. The items in th8 accounts where these judgements and estimates have been made include: 31 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 the judgement that, subject to any evidence to the contrary, all expenditure incurred under signed funding agreement is recoverable from funders., estimates in respect of accrued expenditure., the allocation of office overheads and governance costs between charitable expenditure categories., and the judgement as to which costs should be capitalised in respect of intangible and tangible fixed assets as well as estimating the useful economic life of these assets. In the view ol the Trustees, none of the assumptions conceming the future or estimation uncertainty affecting assets and liabilities at the balance sheet date are likely to result in a material adjustment to their carying amounts in the next financial year. The principal accounting policies adopted, judgements and key sources of estimation uncertainly in the presentation of the financial statements are as noted in note 2, Accounting Policies. Ihl Fixed Assets Tangible fixed assets purchased for on-going use are capitalised, where cost exceeds £1,000, and disclosed at cost less depreciation. Depreciation is calculated to write off the cost of fixed assets, less residual values, over their expected useful lives, on a straight line basis over four years. Intangible fixed assets costing more than £1.000 are capitalised at cost. Intangible fixed assets include software costs. They are amortised over four years, their estimated useful lives. lil Investments The cash and bank balance disclosed as current asset in the accounts reflects the working capital requirement. This was calculated as the sum of gross expenditure for three month, and the net income or expenditurt for the twelve month period following the balance sheet date. Cash and bank balance over and above the working capital requirement is classified as investment. Interest income on investment cash is credited or charged to the SOFA. Investments in subsidiaries are valued at cost less provision for impairment. (l) Impalrment of flxed 888ets and Investments Fixed assets and investments are subject to review lor impairment when there is an indication of a reduction in their carrying vaue. Any impairment is recognised in the SOFA in the year in which it occurs. Ik) Pension On behalf of UK-based staff. the Charity contributes to UK defined contribution pension schemes administered by independent companies. It also makes contributions to sirnilar schemes (such as superannuation schemes) in other countries for non-UK staff members. Non-UK based staff mernbers who are not eligible to participate in any scheme due to their location receive 5% on top of their salary, as a contribution towards a personal pension plan. The pension costs represent the contributions payable by the Company to the schemes for the year and the total allowances paid to those non-UK based staff members in consideration ot the pension benefit. 32 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 111 Expenditure All expenditure, inclusive of an element of non-reclaimable VAT. is recognised when incurred on an accruals basis. Expenditure is disclosed under the headings.. cost of raising funds and charitable expenditure. Support costs including for the day-to-day operational management of the organisation and governance costs that are associated with the governance arrangements of the organisation and the strategic management of ils activities have been allocated across SOFA headings based on the percentage of average staff headcount allocated to these headings. The allocation of the average staff headcount is based on a reasonable estimate by management. Charitsble expenditure is further analysed, based on management judgement, into the following= Focusing our action to make the most impact Growing a grassroots movement of local CSOS and practitioners to better achieve our goals Harnessing the power of digital to increase our effectiveness Delivering change by living our values These categories reflect Strategic Objectives of the charity as set out and discussed within the Trustees, report. The cost of raising funds relates to the costs incurred by Family in inducing third parties to mak8 voluntary donations, as well as expenditure on any activities with a fundraising purpose. As indicated in the Trustees, Report. Family has a five year financial plan to Secu￿ its long term sustainability through prudent investment in new fundraising markets. This investment is shown separately as 'Sustainabilty Investments, in the cost of raising funds section In the SOFA. Im) Grants payable Grants payable are recognised as expenditure when th8re is a legal or constructive obligation to make th8 grant. Grant expenditure charged to the SOFA is in accordance with the terms and conditions attached to the individual grant agreements. In general grant awards to members are recognised as expenditure in total in the financial year in which terms are agreed. In exceptional circumstances where grant payments are performance related, Family accounts for the liability on a performance basis to the extent that the conditions for performance are met. Inl Funds Unrestricted funds are 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. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of administering such funds are Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 charged against the specific fund. The aim and use of each ￿Stricted fund is set out in the notes to the consolidated financial statements. Note 2 Detalled comparatlves for the statement of flnanclal actlvltles Unr8Strfctsd Total 2023 2023 Incom* from: Donatlons andlegacles 3,032,986 382,￿9 3,395,345 Investmwt inG(Kne 6.372 6,372 Totsl Income 3.039,358 362.359 3,401,717 ExpendItU￿ on= Raising fund5 Fundraising and communications 528,705 4,722 533,427 Sustainability investtnent 1.044.685 1,¢144,685 1,673,390 4,722 1,578,112 Charitsble 8Ctivitio8 Focuslng our attlon to mak8 th& most impact 876,350 1,412 1,tr27,762 Growing a grassroots movement of k)cal CSOS and practitioners to better achieve ourgoals 573,639 24,W25 597,664 Ham8ssng th8 pow8r of digital to increase our 8ff8ctiven8s8 173,849 173,849 Ddivering changè by Iwing our values 222,573 222,573 1,846,411 375,437 2,021,848 Totsl exporK16tur8 3.219.801 380.159 3,599,960 Nèt Income I IExp6ndlturo1 forth6 yaar 1180,4431 117,8001 1198,2431 Exchang& galn l Uossl [1,5551 17,5551 Transf8r of funds 114,9151 14,915 Net movement in funds 1202.9131 12.8851 1205,7981 Re¢on¢iliation of funds Total funds brougm forward 1.746.890 207,477 1,954,167 Totsl funds catylad forward 1.543,777 204.592 1,748,369 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 3. Income from donations and legacies Unr8Strlctsd R8Strlcted 2024 Total 2023 Total IndividuaL5. legacies 8nd grft aid 2.951.035 10,160 2,961,195 3,061,050 Corporations 12.755 549,155 561,910 334,295 2.963.790 559,315 3,523,105 3,395,345 4. Income from Investments Unr8strictsd Restrictsd 2024 Total 2023 Total Interest 17.603 17,603 6.372 17.603 17,603 6,372 Al income from investments is unrestricted for the cur￿nt and prior year. 5. Analysis of expenditure Dlract Cost Support cost 2024 Total 2023 Total Cost of rai$ing fund$ Fundraising and tommunications 469,898 86,921 556,819 533,427 Suslainabilily investment 962,531 178,049 1,140,580 1,044,685 1,432,429 264,970 1,697 399 1.578.112 Charitable exp8nditure Focusing our action to rDake the rnost irnpa 818,189 226,621 I,OM,810 1,027,762 Growing a grassroots movement of lot21 CSO$ and practilioDer5 to better achieve our goa15 325,896 139,310 46S,206 697,664 Harnessing Ihe power of digital lo inrrea$e our efFe￿IveneSS 40,259 150,371 173.849 Delivering change by living our values 139,427 71,148 210,575 222,573 1,393,624 477,338 1,870,962 2,021,848 Total expendlture 2,826,053 742,308 3,568,361 3,599,960 35 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 6. Analysis of expenditure by cost type Direct Cost Support cost 2024 Total 2023 Total Staff costs 1,236,058 240,709 1,476,767 1,500,825 Grants to members 184,621 184,621 262,123 Consultants, inGluding to support rTErnber aGbwties 190,911 24.518 215429 162,099 Translation and interpretation 64.340 11.839 76,179 111,675 Travel and aecommodalion. Induding m8mber8 71,529 29,666 101,195 110,995 Legal and other professional services 115 110.852 110,967 83,510 Office accommodation and Services 33.846 38.665 72,511 71,363 Human Resourdes. Infomiation technokngy and othèr business Services 81,071 200.109 281,180 247,966 Equipment supplies linduding depreciation of fixed assets) 31,896 49,910 81.806 71,729 Communications induding fundraising campaign r8Lgted print and productions 906,201 1,665 907,866 930,485 Auditors rernuneralion lincluding VAT) 43.840 43,840 30,038 other Gosts 25,465 19,4651 16,000 17,152 Totsl expenditure 2,826,053 742.308 3,568,361 3,599,960 6a. Grants to institutions 2024 Total 2023 Total Asociacion Nacional Contra el Mallrato Infantil ICONACMII IGuatem21al 2,204 19,B39 Associ8#0 Brasileira Terra dos Homens IABTHI IBr8ziII 4,314 11,485 AssOu8t￿n for Community Development IACOI (Bangladeshl 1,415 5,224 8utteffjie5 Ilndial 6,011 Center for the Prevention 2nd Treatment of chi￿ Sexual Abus& ICPTCSAI IPhilippinÈsl 1,415 776 Centre for S&rvices and Information on Disability ICSIDI (Bangladeshl 1,308 Challenging Heights IGhanal 8,019 505 ChildLinK IGuyanal 1,425 16,3691 Children Assistanc& Programme ICAPI ILiberial 5,742 Children In Distress N&bNork ICINDII Isouth Africa) 1,415 19,851 Enfoque Nifiez (Paraguayl 2,098 Fartn Orphans Support Tru51 IFOSTI Izirnbabwel 4,361 21,610 Fomm on Suslain8bl& Child Empowerment IFSCEI IElhiopial 6,553 1,000 Foundation for Innovativ& Social Development Ltd IFISDI Isiri Lankal 1,429 3,049 Fluchllingsrat Niedersachsen 13,6421 Hope Village Sooety (Egyptl 2,006 8,030 JUCONI Imexieol 1,415 14,714 MEfAdr881-Action for Migration and Developm8nl (Gr8e￿I 29,558 2,000 36 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Naba'a (Lebanonl 7,761 570 New Aliporè Praajak Ilndial 1,724 Proi8to L8981 (Brazill 5,447 12,647 Pendekezo Letu 2,201 PrograTnma Integra 31,109 Tall&r de Vida ITdW ICobmb￿l 1,415 18,883 Undugo Society of Kenya IUSKI IK8nyal 1,415 891 Uyisenga Ni Imanzi (Rwandal 6,715 11,6751 vol￿ of Children IVOCI (Nepall 1,415 8,531 Hayat Sende 10,185 9,344 First Slep Icambodial 2311 6,241 Paicabi (Chilel 19701 For Our Chihjren (Buiqarial 85,000 ENDA Jeunesse Action Isenegall 23,271 2,362 Gender Violence ReGovery Centre- GVRC- Kenya 1,542 1,712 Totsl grants 184,621 262,123 7. Reconclllatlon of grants payables 2024 Total 2023 Total Grants payables brought forbvard 95.717 90,660 Grants awarded (luring the year. Member organisations Ise& above) 184,621 262,123 Totsl grants awarded during the year 184,621 262,123 Grant paymen18 during th8 year 1352,8751 1257,0661 Grant payables carried fomard 172,5371 95,717 8. Analysis of governance costs 2024 Totsi 2023 Total Auditorf5 remuneration lexduding VATI 30,038 Staff costs 83.949 67,700 other direct costs 57,553 40,011 185,342 137,749 37 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 9. Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel Payroll Detalls: 2024 2023 Salaries 1,210,038 1,271,457 So(aal security Costs 151,420 142,822 Pension c08ts 86,380 86,546 Other staff costs 28,928 1,476,766 1,500,825 The pension costs includes pension allowance too and superannuation on behalf of non-UK based staff members. There were no redundancy payments made during the year12023 - Nill. There were no unpaid redundancies as at the end of the year12023 - nil). The average numb&r of staff during the year was- 2024 2023 Numlw Number charitab￿ actnffrt￿$ Raising funds 10 Support functions and govern8ll 34 33 Employe8s earning more than £60,000 p. 2024 2023 £80,000- £69.999 £70,000- £79.999 £80,000- £89.999 £90,000- £99,999 Three employees earning more than £60,000 participated in a defined contribution pension scheme. 2024 2023 Total eamings and employee b&nefft8 of kèy managemènt personnel 352,819 366,738 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Trustees. expgnses and remuneration The trustees received £Nil remuneration12023 - £Nill. The total amount reimbursed in relation to certain travel and accommodation costs to allend Board meetings was £512 to 3 trLJStees12023 - £nil to O Irusleesl. Suppliers refunded a total of £Nil in the year as a result of receiving credit notes for travel that they had previously been reimbursed for by the charity12023.' £nill. 10. Net income 2024 Total 2023 Total Audrtort8 remuneration lexduding VATI 36.533 25,032 Trustee5 expense5 (note 91 812 DepreGiation and amortisation of fixed assets 22,182 24,043 Reali8edlunrÈalised ltsss Igainl on for&ign curr&ncy 17,419 17,5551 41,520 41,520 11. Fixed assets Intanglble Tanglble Tanglblo Computer SO￿are Computers Office Equlpmont Group and cha￿ty Totsl Cost Costbroughtfonvany 168.652 12,308 180,960 Addrtions 1,134 1,218 2,352 Oisp05als Cost￿rryed fO￿ard 168,652 13,442 1.218 183,312 DepreGiation and Arnt>rtl$Otitsn D8prnciat￿ and Am￿*S￿l￿n broughtronward 137,849 7,753 145,602 Depreciation 19,692 2,236 254 22,182 Disp05als Dep￿￿8￿0￿ andAnths&l￿n carr￿d forward 157,541 9,989 254 167,784 Net Book value.. Netbook v81ue brought forw8rd 30,803 4,555 35,358 Netbook value canÉd forward 3,453 964 15,528 All the above assets are used for charitable purposes. 39 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 12. Investments Charity Group Charity Group 2024 2024 2023 2023 Mart&t valu8 at 8tart ofthe p8riod 1,134,708 1,134,708 1,368,022 1,388,022 Disposals Cash investment re￿aSed from I Itol working capital 1311,4391 1311.4391 1233,3141 1233.3141 Valuation gains Closing valuation at end of F4riod 823,269 823,269 1,134,708 1,134,708 Comprising Cash and cash equivalents 823.169 823,169 1.134.608 1,134,608 Inveslff*nl in subsidiari&s (Everychild Trading Iimiledl Consisting of 100 shar&s al £1 each Inol8 181 100 100 100 100 Closing valuation at end of period 823.269 823,269 1.134.708 1,134,708 13. Debtors Group and Charity Charity Group Charity Group 2024 2024 2023 2023 Trade debtors 593 593 7,784 7,784 Prepayff*n18 and accruad incom8 289,537 289,784 190,571 192,476 Goods and Services lax IGSD red8imable- New Zealand 10,513 22,567 Gift ai(1 redaimable 20S,003 205,003 118,969 118,959 Amouni owed by subsidiar*s 134,708 108,225 Other debtors 10,128 10,118 639,969 516,011 425,539 341,786 14. Creditors: amounts falling due within one year Charity Group Charity Group 2024 2024 2023 2023 Trade creditors 116,929 128,634 89.443 108,687 Taxes and social security and pension 16,653 16.653 26.754 26,754 Grants payable 72,537 72,837 95.717 95,717 A¢¢rued expenses 47,730 56,947 34.086 57,512 Other creditors 30,348 24.740 20.364 24,544 Deferred income 100,289 100,289 284,197 301,511 366.653 413483 40 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 15. Group movement in funds Gain I Ilossl on Investsnent In¢ome Exptrndltu￿ and exGhange At 31 March 2024 At 1 April 2023 Tran$fers Re8tr1ct8d Fund8 others IT￿nSferred from Everychildl 3,153 3,163 Forwork5 in Scotland 42,566 42,$66 Children on the Move 107,995 79,408 1135.0251 52,378 Humanitarian Emergency Re5PDns*- 27,988 24,284 144.2671 8,005 Preventing5exualViolen 16,478 100,289 1113.3941 3,373 Skylight Appeal 74 $59 Turkey earthquake appeal 5,927 240 16.1671 Oak Foundation.. United for Boy5 256,728 171.2281 185,500 23,279 15,098 Porticus.- Ptstti¢e exchange 67,451 118,7441 48.707 Middle East 3ppeil 5,246 15,2461 Frontline Hum2nitari2n appe31 2,316 2,316- Totsl restricted Funds 204,592 559,315 1402,2521 361,655 Note.. lotsl Ch8rity restricted fund5 amount5 to.. £330,544 Unrestricted funds General lund 1,325,T17 2,981,393 13,166,109) 117,4191 88000 1,211,642 Designated fund 218,000 188,0001 130,000 Totsl unrestrlcted funils 1,543,777 2,981,393 13.166.109) 117.4191 1,341,642 Note.. total Ch8rity resutts.. General funds. £994.854 DeswJnated funds". £130.000 Total unrestricted funds.. £1,124,854 T¢)tsl Funds 1,748,369 3,540,708 13.568.361) 1,703,297 Note". Totsl Ch8rity funds arnounts for£1,455,398 Restricted Funds - Funding Purpose: Designated fvnd.. As disGussed in the Trustee's report IPage 151. the trustees have tnade a decision to designate £130k12023 £218kl of unrestricted funds lo build the sustsin8ble unrestricted funding stream that is core to Famivs operating model. Children on the Move= projed bringing stakeholders lo refiert on prattl￿, generate learning and develop tools on Irelintegralion. helping practitioners to support children on the move. 41 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Humanitarian Emergency Response. Ukraine.. Providing emergency humanitarian support to organisations in Ukraine. BukJaria and Moldova who are supporting Ukrainian children and familie5. Preventing Sèxual Violence= A t￿re grant from Ignite Philanthropy to support our members work on pre¥&ntion and responsès to children who are victims of sexual v10kn￿. Skylight AppÈal= A rèstrict8d appeal to support the trauma work tArried out by our mÈmbÈr Skylight in NZ. Tut*oy earthquake app8al'. An emergency aP￿al, shared via online and our TheW8￿tter to gen&rat8 funds in rasponse to the earthquake in Turkey in February 2023 Oak Foundatlon Unlted for Boys.. Multiyear project to raise awar&ness of the sexual abuse of boys and support prevention and response5. Evaluation toolkit COP (Community of Practlcel.. A grantthal supported the dev&I0pff￿Thl of an evaluation toolkit which utilises a partlGipalory approach to the ev8lualion of praGti*. Portlcus Practlce Exchange.. Support prarti￿ Èxchange with m&mbÈrs who are hÈlping Ukrainian refugees. Middle East appeal.. An emergency appeal, shared via online and our newsletter to generate funds in response to the Mhldle East Fronljine Fund= An emergency appeal, shared via online and our newsktter to generate funds in response to the humanitarian cri818. Out of Shadow Index for LA.. Using dats from the Out of the Shadows Index, funding supported participatory and traditional advoGaGy activities are delivered in five Latin Americ8n counlri8s lo address the hbaden Issue of the sexual abuse of boys. Evaluation toolkit.. A grant supported the development of a toolkit which ulilises a partiopatory approach lo the evaluation of practice. Group movement in funds Iprior yearl Gain I110ssl on Investment and exchange At 1 Aprll 2022 At 31 March 2023 Income Expendilure Transfers Restricted Fund5 Other5 ITransferred from Everychildl 3.153 3,153 Forwork5 in Scotland 42.566 42,566 Children on the Move 81.683 103.612 177.30DI 107,995 Humanitarian Emergency Response- Ukraine 44,105 73.463 189.5801 27,988 Preventingsexualviolence 35.870 98.047 1117.4391 16,478 Skylight Appeal 100 385 485 Turkey earthiuake appeal 5.927 5,927 Out ol Shadow Index lor LA 57,049 171,9641 14,915 23.876 123.8761 Total r88tr6ctsd Fund8 207.477 362.359 1380.1591 14,915 204,592 Note.. total Charity restricted funds amounts to.. £173,508 42 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Unrestritted funds General fund 1,688,690 3,039,358 13,219,801) 17,5551 1172,9151 1.325,777 Designated fund 60.000 158,000 218,000 Total unrestrictod funds 1.746.690 3,039,358 13.219,8011 17,5551 1,543,777 Note.. lotsl Ch8rity resutts.. General funds. £1,089,727 Desonated funds." £218.000 Total unrestricted funds.. £1,307,727 Totsi Funds 1.954 167 3.401.717 13.599.960) 17.5551 1,748,369 Note." Totsl Charity fund5 aniounts for£1,481,235 16. Group analysis of net assets between funds (current yearl Generdl Unre5trictsd Restritted Totsi 2024 Currertyear Fund balances at 31 March 2024 are represented by.. Flxed Assets Tangible fixed assets 4.417 4,417 Intangib￿ fixed assets Inv&strnents 823.269 823,269 838.797 838,797 Net current assets Current assets 804.356 361.655 1,166,011 502.845 361.655 864,500 Ti)tsl net 8$$Èts 1.341.642 361.655 1,703,297 Note.. Total Charity nel a8sels'. un￿stri￿￿d." £1.124.854 Restricted.. £330.544 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 General Unrostrlcted R95trictsd Total 2023 Prlor Yoar Fund balances at 31 March 2023 are represented by.. Fixed A$set$ Tangible fLK8d a888ts 4.555 4,555 Intangible fixed assets 30,803 30,803 In¥e5trnents 1.134.708 1,134,708 1.170.066 1,170,066 Net ¢urrent as$ets Current asset8 787,194 204.592 991,786 1413,4831 1413,4831 373,711 204,592 578,303 Totsl net assets 1.543,777 204.592 1,748,369 Note" Total Charity nel assets". Unrestricted". £1.307.727 R&8tricted.. £173.508 17. Related Parties and ConneGted organisations note 17a. Related partles note During the financial year, there were no related party transactions that required disclosure in the accounts 12023.. Nill. No trustee or other related party received any remuneration or other benefits from the charity during the year. Furthermore, no loans were made lo or outstanding from any trustees or ￿lated parties. The trustees have confirmed that they have no material interest in any contract or arrangement entered into by the charity during the year. 17b. Connected organisationes During the year, grants were made to a number of memb8r organisations whose chief executive officers sit on the Board of Family. These members and their outstanding balances for the year were, Hope Village Society I£0, 12023 £2,70211, Farm Orphans Support Trust1£3,33212023 £4,43211. First Step Cambodia (£0, 12023 £1,70211. Paicabi1£1.42512023 -£1,70211 and Uyisenga Ni Imanzi1£1,42512023 20)). The amounts awarded in the year can be found in note 6 lal. 18. Subsidiary companies and results Everychlld, Everychlld Tradlng Llmlted, ECT and CCFGB Everychild (registered charity number 1089879 and company number 4320643- registered in England and Wales) Everychild Trading Limited Iformerly TROTC Limttedl Icompany number 2702857,. registered in England and Wales), The European Children's Trust IECD (registered charity number 803070 and company number 2485690., registered in England and Wales) and The Christian Childrens Fund of Great Britain ICCFGBI Iregistered charity number 287545 and company number 1738194., registered in England and Wales) are subsidiaries of Family since 1 October 2016. Two Trustees from the Board of Family for Every Child and the Chief Executive Officer of Family fomi the Board of Directors of Everychild, Everychild Trading Limited, ECT and CCFGB. Farnily owns the whole of Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 the ordinary share capital of Everychild Trdding Limited, consisting of 100 sha￿s. and is the sole member of ECT and CCFGB all of which are limited by guarantee and have no share capital. During the year these companies were domiant and have no significant transadions to report. The relating SOFA and Balance sheets have £nil balances at the end of the period. Accordingly these subsidiaries have not been consolidated in the accounts on the grounds of immateriality. Family Alliance Family funded the set up and formation of a Us-based not-for-profit organisation, called Family Alliance (Employer Identification Number IEINI 46-55187301, in April 2014. Family Alliance's charitable purpose is "providing supportive and caring family environments for children by funding learning and research services of organisations that establish and share with others best practices in children's care, and establish and maintain such programs worfdwide" This contributes to and is part of Family's charitable objects. Famity's main aim in setting up Family Alliance is to widen its presence in the US philanthropic market and raise funds for Family to deliver its mission. Family is the sole member of Family Alliance and has 100 % of the voting power of the membership. It has full control over the by-laws of the organisation. One of Family's trustees sits on the Board of Directors of Family Alliance. while Family's Chief Executive Officer and two support staff provide in kind support in the development and administration ol the organisation. The Board of Family Alliance has committed to contribute to the implementation of Family's global strategic objectives through fundraising and external relations activities in the US, to raise the profile of children's care issues. and to promote Family's work. Family provided net grant funding of £Nil12023 - £9,125) to Family Alliance during the year. Famity New Zealand Twst In May 2017 Family funded the set up and formation of a New Zealand based charitable trust, called Family for Every Child New Zealand Trust IFamily NZI (Company No.2670471, Charity Reg. No. CC546451. Family NZ'S charitable purpose is to promote the care, protection and development of children and young people who are without family care or who are at risk of losing family care. Family NZ'S mission is to support the global work of Family to enhance the care of children woddwide. This will be achieved by mobilising supporters, donors and partners in New Zealand through fundraising activities and through building strategic partnerships in New Zealand. One of Family's trustees and the CEO of Family are on the Board of Directors of Family NZ. Family has the power, through the trust deed of Family NZ, to remove trustees from the Board of Family NZ and Family's concent is required before Family NZ'S Board appoint new Trustees. The Board of Family NZ has committed to contribute to the implementation of Family's global strategic objectives through fundraising activities in NZ, to support and promote Family's work globally. Family's staff provide in kind support in the development and administration of the organisation and delivery of fundraising activities. As discussed in the Trustees report, by Ihe end of March 2024, we had over six thousand regular givers base giving a total of £1,048k12023 - £1,030kl during the financial year. Family NZ granted this income to Family to support its charitable activities. Family provided net grant funding of £1.019m12023 - £1.035ml lo Family New Zealand Trust during the year. 45 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 A summary of the results of Family Alliance and Family New Zealand Trust. which have been consolidated into these financial statements, are shown below.. la) Summary of the results of Family Alliance and Family New Zealand Trust Family Alliance Famity NZ 2024 Total 2023 Total 2024 Totsl 2023 Totsl Income from donatlons Donation from Famity for Every Chikl 9,126 1,018,696 1,035,112 1,048,110 1,037,958 Governm&nt grants Totsl income 9,125 2,066,806 2,073,070 Exp8ndltur8 on Raising funds 1,843 8,690 1,018,660 990,813 Charilable expenditure 1,048,110 1,037,958 Totsl expendlturo 1,843 8,590 2,066.770 2,028.771 Net income I lexpenditurel 11.8431 535 36 44.299 Exchange rats galn I Ilossl 30 1391 117,4491 17.5161 Net movement In funds 496 117,4131 36,783 Funds brought fonmard 52 14441 267,083 230,300 Funds carrled fotward 52 249,670 267.083 Ibl Summary of the results of Family Alliance and Family New Zealand Trust Famlty Alllance Famlly NZ 2024 Total 2023 Total 2024 Total 2023 Total Assets Current assets Debtors. prepayments and accrued income 10,760 2,048 C85h and bank 15,009 15,716 374,162 382,OD1 Totsl current 8S8ets 15,009 15,716 384,922 384,049 Liabilities 116.7701 115.6641 1135,2521 1116,9661 Net assets 52 249,670 267,083 Total unre$tri¢ted fund$ 52 249,670 267,083 46 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Reference and administrative details Board of Trustees Chair Rita Panicker (Chair term starting from March 20231 Rekha Nathoo (Chair term ending Ma￿h 20231 Vlce Chalr Blessing Mutama (Chair term starting from March 20231 Zenaida Rosales (Vice Chair term ending March 20231 Other t￿SteeS Abla El-Badry Itemi starting March 20231 Chamreun Yaim Iterm starting March 20231 Chaste Uwihoreye lan Hanham ffreasurer temi ending March 2023 Ivan Zapata Zamora Joanna Trigg Nick Scott (term starting March 20231 Patrick Obonyo Phil Crosby ￿reaSurer term starting March 20231 Ron Gutierrez Iterm starting March 20231 Stella Duque Cuesta (term ending March 20231 All trustees give their time voluntarily and no trustee benefits from the Charity. Tnjstee expenses in relation to Family are set out in note 9 to the financial statements. Executive officers Chief Executive Officer Amanda Griffith Director of Fundraising & Communications Andrea Thompson Director of Alliance Programme Lopa Bhattacharjee Director of Finance and Corporate Resour¢es Katanu Mwosa Professlonal advlsors Auditors Haysmacintyre 10 Queen Street Place I London EC4R 1AG 47 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Solicitors Bates Wells Braithwaite 10 Queen Street Place London EC4R 1 BE Bankers Lloyds Bank 39 Threadneedle Street London EC2R 8AU Registered office 75 King William Street London EC4N 7BE Charity Flegistration Number= 1149212 Company Flegistration Number- 08177641 Docusign Envelope ID 38202D3&478841 B7-9D044BB4FCAF3CA8 Thank you The generosity ol individual donors and organisations enables our alliance to continue our work towards achieving change for Children and families around the world. We would like to say thank you to all of the individuals who have supported us. We also wish to extend our heartfelt thanks to the following organisations, who have enabled us to support children and families over the last year: Comic Relief Ignite Philanthropy- Inspiring the End to Violence Against Girls and Boys, a project of New Venture Fund Oak Foundation- Uniled for Boys Porticus= Supporting Ukrainian Children and Families in Italy, Bulgaria and Greece Miracle Foundation Harrison Frank Family Foundation Stilching Cards Mauve Family for Every Child | Annual Repon 23-24 49