COMPANYNUMBER: 08530711 REGISTERED CHARITYNUMBEK. 1155064 F00DRIS￿ LTD {fornieTty GLOBAL FEKDBACKLIMrfED) (Company Limited by Guarantee without Share Capitsl) REPORT AND FllYANCIAL STATETrtENTS FOR YEAREIYDED 31 DECEMBER2024 FOODIUSE LTD DADEX TO FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2024 Page No. Contents Chair's Ststement 2-13 Trustees. Anoual Report (including Directors, Report) 14-17 Independent Auditor's Report 18 Statement of Financial Activities (including Income and Expendithre Ac¢ount) 19 Balance Sheet 20 Statenlent of Cash Flow8 21-36 Notcs to the Financial Statements This docum¢llt comprlses the allnbal ryort and fmancÈal statements for Foodrise Ltd for the year ended 31 December 2024. Foodrise Ltd is a company limited by 8uarant¢e without share capital fornierly known as Global Feedback Limite(L Charity number: 1155064 Company number. 08530711 FOODRISE LTD CHAIR'S STATETr/tBNT FOR THE YEAR ENDED 31 DECEMBER 2024 Foothise (fornierly Feedback) is an environmental ¢baTity with a distincL national niche as the only UK envimDmental campaigning ch￿lty focused on food system issues. The period covered by the report is one in which we con801idated our role, team and Trsourcing and continued to push boundaries ill line with OUT orgatLisational values and ethos. Our WO￿ cotLtinues to combine a rich n]ix of collaborative projects. Call￿aigning, activism and social enterprise. Wc ￿tivelY seek to move through an anti-racist alld aTrti_ oppressive journey in every aspect of our work. We continued to produce innovative alld impaGthll research, with our 'Blue Empire. ryort detailing the inumct of Norway'8 enorn]ous salrnon fanning industy on CODmiunitie8 in the Global South. r tnost ¢y¢-catcbing GauLpaign focused on persuading high str¢et brand Wagarnama to dTOP farnied sahnon from th¢ir We were delighted to launch a new project on Merseyside with a grant from The National Lottery. Tbis aims to rediscoveT the area's distinct farming and food heTitage and bring it to life for residents of all ages. We added our voice tr) con¢¢rns about the eDvironmental impact of a proposed 'rnega farn], in Norfo]k. Our legal challenge against the government's trade deal with Australia is ongoing and bas taken on a wider importance becaw of the govenllnellt's apprO￿h to key 'access toiustice. principles of the Aarhus Convention. In this reporting p￿10d, three new tsustses joined the Foodrise board: Jenny Briggs, who bTill8s spcGialist ommuDications skills. Tabitha Gillan, a civil servant with experience of major project delivery. and Libby Peake, a recogDised expert on resources policy. We said goodbye to two departing trustees, Odiri Ighamre and Catherine Johnson. The board continues to meet quarterty, supported by two committees wbich focus on financial and operational matters. The higb performi￿ staff tsam, led by Executive Director Carilla Millstone. have continued their excellent and dedicated work to deiiv#r the charity's missio In 2025, we will bc developing our four-year strategy for 202&2030 and launching our new identity, n)arking a new chapter where we're louder, sharper, and more deterniitied than ever to drive systernic change in food and farn]ing. I would like to thank all staff* partners, supporters and donor8 who have contributed to our work, enabling it to have the impact set out in this report. We continue to ensure that our interyentions are tsrgeted for the greatsst impacL working strategically at key leverage points and inspiring people and partners to act to bring about ecological renewal and food justice. Ruth Chambers Chair ofthe Foodrise Board of Trustees FOODRISE LTD TRUSTEES. ANNUAL REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their aDnuai report and fmancial statements for Foodrise Ltd (also known as Foodrise) for the year ended 31 Decenlber 2024. The trustees bave adopted the provisions of the Ststement of Re¢onllllended Prnctice (goRP) "Accouniing and R¢Frf)rting by Clwities" (FRS 102) in preparing the amiual report and fmancial statemcnts of the charity. The financial statements have been prepared ill accordallce with the accounting policies set out in the notes to the a¢¢ounts ar￿ comply witb the Memorandum and Articles of Association, the C]wities Act 2011, the Companies Act 2006 and AGcounling and RetM)rtin8 by Cljarities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Finan¢ial R￿Orting Standard applicable in the UK and Republic of Ireland published in October 2019. Objectives The clwity's objectives are 8pecifi¢ally restricted to the following: the conservation, prot¢GtioD and improvement of the physical and natt￿al environment, for thc public benefit, including the promotion of biodiversity and sustainable land use, the advancement of the education of the public, for the public benefi¢ in sustsinable development and the conservatioffj protection and enhancement and rehabilitation of the physi¢aJ and natural envimjjmellt, in particular regarding biodiversity and sustainable land use and the promotion of study and research in su¢b subjects provided that the llsefi￿ results of such Studies are disseminated to the publi¢ at large, the promotion of sustainable development for the benefit of the public by: a) the pres¢ryation, conservation and the protection of the envirot)ment and the pnthnt use of natural b) the relief of povety and the improvement of the life conditions iJL socially and economically disadvantsged communities. ¢) the promotion of sustainable means of achieving economic growth and regeneration. Sustainable development means "development wbich rneets the needs of the present without compromising the ability of ￿t￿re generations to meet their own needs" The prevention or relief of povety in the United Kingdom by providing grants, items and services to individuals in need andlor charities, or other orgallisations working to prevent or rcliev¢ poverty. OurApproach We are thiving change througb a unique campaign style geared towards engaging and mobiiising citizens, changing businesses, transforn]ing nwkets and updating outdated policy and regulatory frameworks. We believe the transttion to a food system wbi¢h provides nutritious food for all on a fair basis while regen¢rating nature, will require Changes to culture, markets and government. To move beyond discrete xnitiatives and effect systemic change, we seek to upscale, support the repli¢ation of our work by other organisations and widely disseminate the ffftdings of our work to broad and diverse audiences, and to anchor and legitfftmise our work in the dominant institutions and legal frameworks. We are proud of our ability to reach people from all wa]ks of life, including those for whom engagement with our work is their st foray into environmental and food system activis￿ We are successful in our work when we can point to bow we have moved beyond a specific proj¢¢t to wider cultural, economic or legal change. We arrange our Ivork aromnd five broad areas of Interventlon: We delegltlmlze corporation5: we do this by challeDgiDg CO￿OI8t¢ practice, the corporate model and global fllwice. We ideats and Yddvocate for pollcy change and regulation: we do this through research, action research, academic partnersbips, stratsgic litigation, parliamentary advocacy. FOODRISE LTD TRUSTEES, ANNUAL REPORT (INCLUDING DIRECTORS, REPORT) (Continued) FOR THE YEAR ENDED 31 DECEMBER 2024 . We nurthre community Vdgeney: We do this tbmugh educational pmgrammes, creating employment al￿ experience opportunities, participatory researcty piloting regional programmcs. We widen our circle of Ydllies: We do this througb convening people and organisations, building alliances and coalitions, supporting ttLe Work of oth￿S througb re-granting. We chaThge culture aDd public discourse: We do this through strategic media WOTk. playfi]I social media con)munications, seeking to model the world we want to see in our practice. Our Change Agenda and activities As the need for radical transforn]ation in the food system bec0n￿8 ￿OrC urgetLt and ullequivocal, Foodrise's work becomes more necessary than ever. 2024 was an excellent year for Foodrise with some significant progress and victories across all our areas of Work. As iti previous years, we have ¢ontinued to work closely with our sister organisation in the Netherlands, Feedback EU. We have continued to respond to a wide range of government consultations across our areas of expertise and have ¢ontinu¢d to enjoy very impa¢tful rn¢dia Goverage in both general and industy medi& We also conducted significant internal work in view of a brand refresh and reiaunth in 2025, when we will also be conducting a strategic review and develop our strategy for the period 2026-2030. Throughout 2024, we have worked on the folloFAng areas of work: SugarPollution Our campaign to stetll soil depletion and environmental pollution in the UK and improve health by reducing the amount of land devoted to sugar beet cultivation. Anaerobic digestion/biomethane Our campaign to avoid the use of land intensive animal reaTitig and sutplus food for energy generation by refonning the policies that shape the anaerobic digestion industy. Destructive aquaeulture Our ¢ampaigTL tQ irnPTove the sustsinability of seafood through moving consumption away from fed aquaculture to unfed species and changing feed, with a specific focus on carnivorous faTllLed fish, especially salmon. Aquafeed andglobaljtsstice OUT parthersbip prograrnrne with Feedback EU, seeking to Teduce the threat to lives and livelihoods of aquafeed supply chains in West Africa. Trade OUT work to ensure trade 8UPPOrt8. rather thall hinder4 th¢ meeting of environmental, climate and health goals. Food wayteprevention Our Ca￿PaIg￿ to tackie the Toot and systemic cau8es of food waste. ¢sp¢cially through policy illterYeDtions. Meat and dairy consumption reduction Our campaign to drive reduced meat and dairy consumption to n]eet climate target8 througb poIicy ¢baDges and Changes in food environments alld the Practices of retsilers. Global meat and dairy corporations and theirfinanciers Our campaign aiming to delegitimise and defi]nd the industrial livestock industy and its fllMllciers. FOODIUSE LTD TRUSTEES, ANNUAL REPORT ONCLUDING DIRECTORS, REPORT) (Continued) FOR THE YEAR ENDED 31 DECEMBER 2024 Seeding reparations Our progrdtDme of work seeking to develop the partnerships and common understanding of a reparatory justice framework for the bistorical hatms ¢aused by British agribusiness. Our progran]me of work creating opportimitics for young people in the progressive food. fallt]iThg aud W￿lronMental S￿t0[. FoodandRacialJ¥stice Our progrdTt]m¢ of work to build links betwe¢Th environmental, food and farnjing al￿ raciat justice organisations. ght to Food Our progratnme of work seeking the enaciment of the right to food in the UK, through increasing aC￿S to nutritious food among low-income ¢omrnunities RegionalFoodEconomies Our programme of work 5eekin8 to build stronger commuDitie8 around food, ￿lD& processing through the development of community anchored social enterpris Future Outlook- Foodrise Ltd In 2023, we reaffimicd our vision and values -solidatity, audacity, collaboration. impacL ￿lebration-, and refreshed our strategic framework aad outcomes. In 2024. we ¢onth￿ted significant internal work ID view of a brand refresh and r¢lauDch in 2025, when we will also be conducling a strategic revtew and develop our stratsgy for the period 202&2030. We will be changing our ll&￿e and rebranding to better reflect who we've become since our beginnings. While we started with a strong focus on food waste, we've grown into a bold and ambitious orgaDisatioD tackling a wide range of critical issues across the food system - from gr&8smots action to legal challenges. This new identity will align our outward look with our inner values and vision, marking a new chapter where we're louder, sharper, and more detern)ined than cvcr to drive 8y8kmic change in food and fannitig. Performance andAchievements This year, we have made good PTogress towards our outcomes. IIighlights include: Outcome I: Just supply chains and agroecology will prevail: Glob￿ supply chains fvdrming and fishing contribute to food sovereignty. good livejihoods mitigate climate change and enable nature to thrive Aquaculture Early itl the year. along with our West African parthers, Greenpeace Africa and Norwegian NGO Spire, we launched our Blue Empire reporl uposing for the first titlle the impacts of the Norwegiall salmon industy's sourcing of feed on food insecurity and declining fish populatiojjs. Our framing of feed sourcFJAg as colonial and extractive receiveA widespread coverdge in Norwegian and international pres& including in depth coverage in the Financial Times. Following the report, we coordinated a letter to the Norwegian gov¢rnJnent signed by 39 organisations which was responded to by the government and by industy. This work led to new international p8rtlleTships, including meeting activists from around the world in Poros, Greece. We presented our case for divestment from aquaculture to Triodos and Inte￿ogated T¢sco and Sainsbury's at their AGM on their sahnon aquafee41 sourcing. Blu¢ Empire was included in the European Con]mission's Knowledge for Policy database. We WTOte to the UN special rapporteur on th¢ right to Food, coordinating many allies from West Africa as well as nwine conservation NGOS on the risks of aquaculture souwing on food sec￿lty and rnarine populations. Our letter was well r¢¢eived and its call to a¢tion included in the rapporteur's report for the 55th Human Rigbts Council session. At the end of the year, our West African partnen8 se¢ured a major victory, with the Senegalese government stating it would tighten restriction on Fish Meal and Fish Oil production. FOODRISB LTD TRUSTEES, ANNUAL REPORT (INCLUDING DTrECTOBS' REPORT) (Continued) FOR THE YEAR ENDED 31 DECEMBER 2024 Industrlal llvesto¢k This year, we have CODtinued to work closely with partners in the US and globally on industrial livestock delegitimising and defunding, through our participatiotL ill the St(Ip Financing Factory Fanning Coalition. of which we were founding members. We have continued to WQTk in partnership with Friends of the Earth US on 8trategies to defulld meaL sharing data to publish our report Still Butrhering the Planet and theirs. Bull in the Climate Shop, ￿appillg financial flows from European and US bath reSp￿tiVelY into the Tneat industy. Our EU colleagues also published Climat¢ Impact of Big McaL shedding light oll the distinct Tole of J)utch banks such as Rabobank and ABN ArDTO in financing industrial livestock. We presented tbe findillgs from these reports to investors on webinars and banks engaged with our Materi￿S. This year, we have also Tedoubled our effort to counter industry 8Teellwash and to engage with international institutions, which all too often seemed captured by livestock induslry interests. We produced some 'greenwasb briefmgs, on tbe limits of soil carbon sequestration and why GWP * is a dallgeTOUS climate metric. Our statement cautiolling against the adoption of GWP* by governments was endorsed by over 60 international Organisations. Additionally, we organised some 100 civil society groups In support of Prof Paul Behrens and Prof Matthew HayeL calling on the FAO to retract report that mischaracterised their research. We plan to meet the FAO in 2025 to discuss this further. Building on the sÉgnificant success of preventing a legally binding dangerously high biomethane production target in late 2023, our colleagues at Feedback EU made sigDifi¢aDt PrOg￿sS in highlighting the adverse consequences of the biomethane industy to policy Makers, and industy. publishing the widely disseminated report Biomethane from Manure: A Curs4 not a Cure, and organising civil society groups under the Stop the Biomethane Rusb baDDer. We are also really proud to have started work towards the end of the year with our parttters Sustain to support communities in Norfolk affected by plans for a new Us-style megafarm in their con)munity. We have sougbt legal advice to support this work, which we intend to firther develop in 2025, seeking to help to stop this planning applicatio￿ and future applic&tions for large scale industrial livestock units based on the Finch ruling during the summer, which states that Scope 3 emissions rn￿$t be taken into account in pl￿]ng. Building on the momenttmi and part￿erShipS developed through our industrial Jivesto¢k campaigning, we co-hosted the Defijnd Agribusiness gathering that took place in March 2024 near Baltimore with Friends of the Earth US. In the UE we also built the movement for delegitimising corporations througb hosting the justice hub at the Oxford Real Farming Conference. Trade With the massive environmental, food security and Climate justice implications of trade, with both the UK and EU negotiating trade deals, and with relatively few NGOS working on this critical issue, we started a more focused programme of work on trade in 2024. Ih]r colleagues at Feedback EU higblighted that the trade po]icy is at odds with the Eu's food 5UStainabi]ity, especially with regards to the trade in soy, beef and rapeseed in a seri&s of bTiefiDgs and events. In the UK, we presented evidence at the EFRA Committee on food policy and trade. to higblight the risks of lower environmental standatds. imported ¢mi55ions and imports of food of low nutritional value. We were also invited to respond to a consultation on Autonomous Trade Quota (ATQ) for sugar cane imports. These invitations came on the back of our developing expertise on trade justice. following our claim for judicial Teview of the UK-Australia Trade Deal launched in 2023. We were grantsd a judicial review hearing in July 2024, with a full hearing expected in 2025, subject to retaining our grauted cost cap. We are proud that this trade deal is effectively shining the spotlight on issues of offshoring emissions, food security aDd fanner livelihoods and keeping them in tbe news. FOODRISE LTD TRUSTEES, ATr4NUAL REPORT (INCLUDING DIRECTORS, REPORT) (Continued) FOR THE YEAR ENDED 31 DECEMBER 2024 Outcome 2: The rlght to good food Ivlll be ena¢ted: All people iyill have secure access to deliciou4 culturally appropriate food that ts nutrltlous and does not cause environmental hann Progre&8 towards this outcome is achieved through ourportfolios of work on dietary change. Sugar, and food waste: Dletary change This year, we Gonlinued to push for ambitious voluntary measur¢s by r¢tsilers to reduce their animal-sourced product offeriDg, while seeking to secure govenlment intervcntion to support the shift to plant-based diets. Our colleagues at Feedback EU secured a major victory early iti th¢ year, with supennarket Jumbo dropping promotions on mea¢ one of our key asks to them during 2023. In thc UK progress with voluntary measures Iw been slower, and we continue to challenge retailer ina¢tion on the dietary transition, despite their public commitments. We aIso mobiiised our partners around a campaign to stop the Agriculture and Horticultural Development Board's 'Let's eat balan¢ed' campaigo, which promotes Britisb meat from public money, generated through a ststutory levy on farniers. We coordinated 43 organisations, academics alld celebrities to write to the ministers with significant media ¢overag¢. We also held our first campaign tsrgeting restaurants this year, with a higbly visible campaign seeking to get Wagamauja to remove farnied saImon from its menw including petitlODS, Stunts, and celebrity backing from Chris Pa¢kbam. This campaign, along with our Blue Empire r¢porL has put the salmon industy on the defensive and changed the narrative around salmon as a '¢lean', h¢althy source of protei Sugar This year, we made good prO￿sS in linking poor diets and environmental impacts due to sugar overconsumption and production. Following the parliamentary lawich of our Sugar Pollution report in December 2023, we had multiple opportunities to engage with policy makers, including presenting our work at the All Party Parliamentary Group's Food and Health Foru￿ as well as building our netwodc through joining the Recipe for Change Coalition a[￿ developing new relationships with groups such as the British Dentsl Association. We responded to several consultations with regards to sugar, health and trade. We also engaged directly with British Sugar, aslung a question at their parent company's AGM in December on soil loss, an issue we will follow up on in 2025. Food iyaste We made significant p￿￿sS on our long-standing campaign to.combat the swurge of food wasfr. JJJ the UK we provided extensive evidence to policy makers, and our evidence was extensively used in parliament to support nlandatory waste reporting. We engaged with Labour's Shadow cabinet on this issue ahead of the elccliou, and with ministers following the election, 8nd are confident that w¢ will see prO￿$S with mandatory food waste reporting dwing the tern of this governmenL We were thrilled to be runner ups in the 2024 SMK campaigning awards, in the 'Best Use of Law, category. for our 2023 legal ¢hallengc to the Consenwtive goveTAun¢nt, which we launched when the government stated its intent to drop its plans to introduce mandatory reporting. In the EU, we campaigned extensively with a wide netwodc of parthers for legally binding targcts to rcduce food MTste. Many years of en8agement led to the adoption by the Europ¢an Union of the world's first ever legally binding tsrget to reduce food waste, with a mandated 10 % reduction in food waste in manufacturing and 200/0 in retaiL food service and household level by 2030. Wbile not the level of ambition we hoped for, tbis is a sigtJificatLt victory for us, which sets a precedent for mandatory rather than voluntary interventions for food demand managemenL FOODRISB LTD TRUSTEES, ANNUAL REPORT (INCLUDING DIRECTOILS, REPORD (Continued) FOR THE YEAR ENDED 31 DECEMBER 2024 Outcome 3: Food economles wlll be fair: Communities will have agency to create food eeonomies thf4t are Inclusive, equitable, re5i]ient and celebratory Progress towards this work IB achieved tbrough our portfo]ios of work on fair access to good food, and community ancbored food economies.. Fair access to Eood food We continue our work to build a vibrant food culture rooted in community in our regional pmjects in Buckingbatt￿lTe, Sussex and Merseyside. In Buckingham8hire, we held nmny projects to engage communiti¢s through food al￿ nature coTruection, working with men needing support for good mental health. and with parents and careTS of young people with special needs. We hosted community celebrations at Cbris1mas. workshops on preserving seasonal gluts and on cooking on a budget. In Merseyside. we hosted a very well attended apple day, as part of our lawich of our new progran]n]e of work exploring Knowsl¢y's food aud agricultural beritsge, which we will furtber develop in 2025. In Sussex, we ¢ontinu¢d to host wcekly community rneals at the Bristol Estate Community ROO￿ as well as hostiD8 a support club and nmning community fridge. Community anchored food economies We have continued our work seeking to explore fairer, more resili¢Dt alternatives to the corporate retail model. In Liverpool, our partner social enteTprise, the Alchemic Kitchen, continues to run the Queen of Greens bus, a nlobile greengrocer serving low-income con)munities with limited access to fresb food options. The Queen of Greens has established itself as a novel and effective model of food provision and has received considerable media and policy maker attention. We aTe Conducting a study into its benefits and potential for repjicability to b¢ published in 2025. In Sussex, OUT partner social enterprise catsred many community events with bigh quality food, including using some food that would otherwise have gone to waste. We are proud to continue to create meaningtsl employment opportunities througbout our progran]]nes, all paid at le&8t the living wage. This includes ititernships for racialised young people tbrough our Food and Racial Justice progranllne" social employnlent for neurodiversc young people in Sussex. and internships for young people in the prO￿¢s$1ve food and farming sector in Buckingbamshire. This latter work is part of our prngranllne to support young people into green, food careers, which we are also doing through the delivery of AQA courses in sustainability, hospitality and customer service, delivering horticultl￿aI workshops in schools, as well 18 providing advice at ¢aTe¢rs fairs. As well as this practical work to build alternative food econornies, we are seeking to influence regional policy, sitting on the con]mitt￿ of Good Food Burks and the Northern Food and Farn]illg Board. Throughout 2024, we also worked closely with our partners in Ihe EU to engage direGtly with cornmunitigs on issues surrounding the supern￿rket retail model. This pan-EuTopeall work is led by Feedback EU, who worked closely with communities in MoenvijL a suburb of The Hague, while OUT teatll in Liverpool worked with communities in Merseyside. The findings of this work is feeding into the design of alternative provision models, such as the Queen of Greens. as we seek to put forward con]munity anchored alternatives to supernwkets. Publlc Benefit The tnL8tees confirni that they have complied with the duty in wtion 17 ofthe Charities Act 2011 to have due regard to the Ch￿ltieS Con]mis8ion's general gllidan¢e on public ben¢fiL As per our charitable objects. we are de]ivering publiG benefit primarily through the dclivery of environmental benefits. including preventing deforestation, land consérvation and sparin& greenhouse gas rnitigatio￿ efficient use of resources and biodiversity ¢onservation in the UK and overseas that can be brougbt about through food waste prevention, cbanges to diets in the UK and the EU and better sourcing practices (and other higb-income, industrialised countties to wbich our campaigns are relevant). Success in this object is largely measured through infiuence. policy change and changes in business practice. FOODRISE LTD TRUSTEES, A￿NuAL REPORT (INCLUDING DIRECTORS. BEPORT) (Continued) FOR THE YEAR ENDED 31 DECEMBER 2024 We are further delivering public benefit through imprrig the lives of low-income and marginalised groups. We are doing this through providing better nutrition for those suffering from food in5eauity, through diffcreut inittatives, such as loW￿08t cooking work8hops, community meals and bringing fresh produce to areas lthing in access to nutritious food provision. We are furtlLenllore doing so through our media and policy work to support access to nutritious food. We are firtber prollloting participation in public life, including creating pathways to enwloymenL for diverse and disadvantaged groups. ￿peCiallY young people, thereby promoting wellbein& opportunity and community cohesio We are also prOn￿tillg public education on good food thtough W0￿b0p8, (tsgitsl content and media. FUrthern￿ we are helping to bring about sustainable development through our pilot projects ill the Nortb West aud in the South Fas¢ which aim to brtng about a food econ0￿Y that benefits local coll]murrities, seryes loGal institirtii)ns and protects the environment. Fundra￿ing Standar&f Informalion Foodrise is con)mitted to fimdraising best practice. We follow the Fundraising Regulator's Code of Fundraising Practice. including the GeoeTal Data Protection Regulations. introduced in May 2018. Our staff maintain a considerate. utiintrusiv¢ approach to fundrnising and do not undertake cold-calling or employ third parties to raise funds. Foodrise ¢njoys a very good relationship with its supporters and fUlld¢￿ and no wmplaints have been receiYe(L All fundraising activity is reviewed quarterly by the Audit Committee. Financial Rewew Income dwillg the year w&8 £1,942,340 compared to £1,737.330 in th¢ previous p¢riod and marks anoth¢r strong year in ternis of fimding. Project-related restricted income was £1,805,894 compar￿1 to £1,568,729 for the preceding perio4 and unrestricted income w&8 £136,446 Compared to £168.601 in the Previous perio