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← Foundation For Change

2025-03-31-accounts

Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOR THE YEAR ENDED 31 MARCH 2025

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT

(Registered Charitable Incorporated Organisation registration number: 1156575)

Trustees’ Annual Report & Financial Statements for the year ended 31 March 2025

Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 March 2025

CONTENTS

ONTENTS
Legal and administrative information 1
Trustees' annual report 3
Independent examiner's report 8
Statement of financial activities (SoFA) 10
Balance Sheet 11
Notes to financial statements 12

Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 March 2025

LEGAL AND ADMINISTRATIVE INFORMATION

Charity Name: Foundation for Change Registered Charity Number: 1156575 Principal address: 119 Shoreditch High Street, London, E1 6JN

Trustees

  1. Matt Clack: Chair

  2. Caroline Simmons: Treasurer

  3. Caroline East: Secretary

  4. Priscilla Tiigah

  5. Clifford Atkins: Legal

  6. Drew Gladwell

Senior Staff

Bob Bharij: Chief Executive Jayne Bullough: Head of Learning & Programme Development

Reference and Administrative Information

The trustees present their annual report and financial statements of the charity for the year ended 31 March 2025. The reference and administrative information set out on page 2 forms part of this report.

The financial statements have been prepared in accordance with the Charities Statement of Recommended Practice (SORP) (FRS 102), applicable accounting standards (FRS 102), and the Charities Act 2011.

Though the charity's income did not exceed £250,000 during the reporting period, it was decided that the accounts be prepared on an accruals basis in accordance with the requirements of the Charities (Accounts and Reports) Regulations 2008. This means that income and expenditure are recognised when they are earned or incurred, not when money is received or paid, in order to give a true and fair view of the charity's financial activities and position.

Structure, Governance and Management

Type of governing document: Constitution dated 14th March 2014

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Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT

FOR THE YEAR ENDED 31 March 2025

Culture and Protections

We are an equal opportunities organisation and are committed to a working environment that is free from any form of discrimination on the grounds of colour, race, ethnicity, religion, sex, sexual orientation or disability. We will make reasonable adjustments to meet the needs of staff or trainees who are or become disabled.

Public Benefit

In setting our objectives and planning our activities, our trustees have given careful consideration to the charity commission’s guidance on public benefit.

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Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT

FOR THE YEAR ENDED 31 March 2025

TRUSTEES ANNUAL REPORT

INTRODUCTION

We are pleased to present the Trustee Annual Report for Foundation for Change (FfC) for the year ending March 2025. This report highlights our ongoing efforts, accomplishments, and the positive impact we've made in supporting individuals who are transitioning from drug and alcohol treatment to independent, fulfilling lives. FfC remains committed to helping these individuals reintegrate into society, equipping them with the tools to lead meaningful, active lives beyond solely achieving abstinence.

WHO WE ARE

Foundation for Change (FfC) is a London-based, pioneering non-profit organisation committed to facilitating social inclusion for individuals from marginalised backgrounds, particularly those recovering from drug and alcohol addiction. Our innovative learning programmes, alongside our FfC community support, help individuals transition permanently from treatment services to full participation in society, breaking cycles of trauma and creating lasting change. The programmes are rooted in psychology, feminist theory, philosophy, and social history to foster the self-awareness, self-esteem and self-reliance individuals need to create change in their lives. Our vision is bold: a future where dignity replaces stigma, opportunity replaces exclusion, and every individual has the chance to reclaim their place in a more compassionate, just, and inclusive world.

OUR WORK

At FfC, we engage with individuals from socially and economically disadvantaged communities, acknowledging addiction as a response to trauma rooted in systemic inequalities. We offer participants a unique opportunity to understand how social power dynamics and economic forces have influenced their lives, reframing their substance use as an understandable coping strategy. This perspective fosters healing, self-awareness, and empowerment.

Through our educational programmes, participants embark on a transformative journey of self-discovery within a broader societal context. Our core offerings include Psychology for Change (PfC) and Feminism for Change (FemfC). PfC is an 8-week mixed-sex course, focusing on personal growth and development, while FemfC, a 6-week course for women, explores the impact of sex inequality on their lives and substance use. These programmes enable participants to reclaim their voice, embrace critical thinking, and rediscover their sense of agency.

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Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT

FOR THE YEAR ENDED 31 March 2025

MEASURING OUR IMPACT

We measure our impact through a structured data collection process at key stages: course enrolment, completion, and follow-up assessments nine months after graduation. The Short Warwick-Edinburgh Mental Well-being Scale (SWEMWBS) helps us track changes in participants' well-being. Additionally, we monitor sustained abstinence, reduced reliance on public services, participation in volunteering or employment, and engagement in community activities

HIGHLIGHTS FROM 2024/25

Some of the highlights from the period April 2024 to March 2025 include:

  1. Delivered two intakes of PfC and three of FemfC, working with a total of 34 unique individuals. Female participants can access both courses. As such, the number of unique journeys across both courses was 43.

  2. The completion rate for both courses combined was 81%.

  3. 100% of graduates scored the FfC team 4 or above (a scale of 1-5 where 5 is the highest) on measures related to: creating a learning environment; being authentic and human; embodying what they taught; being trustworthy, and demonstrating taking responsibility.

  4. 95% scored 4 or above (on a scale of 1-5) on whether they felt more capable as a result of participating on our courses.

  5. At our longitudinal follow ups, 86% felt they were more active members of their communities.

  6. Our response rate to the follow ups was 56% during this period. Of the 56% that responded, 92% reported maintaining their abstinence at the 9-month mark.

FINANCIAL OVERVIEW

In the fiscal year ending March 2025, FfC's funding sources included individual donations, grants, and corporate partnerships. Our prudent financial management has enabled us to continue delivering our courses. We extend our heartfelt gratitude to all our supporters, partners, and volunteers who continue to contribute to our mission.

LOOKING AHEAD

The year 2025/26 will see us continuing to focus on building the infrastructure and strengthening the work of Foundation for Change, with specific focuses on 1) Programme design and delivery; 2) Operations & Leadership; 3) Raising the profile of our approach; and 4) Monitoring, Evaluation & Learning.

Expanding our services : Alongside our work focusing on individual impact, we also want to further our systemic impact, expanding the FfC Approach and philosophy into a wider range of settings. We will do this by providing paid professional training, offering consultancy work and selling learning resources both within and outside of the drug and alcohol sector. Our broader aim is to contribute our voice to the growing wave

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Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT

FOR THE YEAR ENDED 31 March 2025

of change that is encouraging a more expansive view of addiction and other responses to social inequality alongside a growing recognition of the trauma that lies at the root of these.

Ongoing support for trainees : We will continue to build the FfC Community – the growing network our trainees have access to on graduating from our courses. Through events, outings in spaces deliberately intended to support our trainees to explore cultures outside the recovery community, and optional monthly check-ins, the FfC Community both brings people together and encourages the continuation of people bringing their learning to life. Building our community in this way ensures our impact is long-lasting and connects to the broader vision of our work: empowering people to be a part of society rather than excluded from it.

Continued strengthening of our infrastructure : We will focus on strengthening our internal infrastructure to ensure long-term sustainability and growth. To secure financial sustainability, we will work on both increasing and diversifying our income streams, building fundraising capacity, and improvin g our financial management systems. At the same time, we will enhance our human resources by offering professional development to staff, expanding our volunteer programme, and continuing to cultivate the FfC culture built around our Values, Qualities and Ways of Being. Strengthening our operational efficiency will also be key, with a focus on continuing to streamline internal processes, updating policies, and investing in the systems we need to support our growing team.

Our work will also focus on improving our programme delivery and demonstrating the impact of our approach. We will continue to strengthen the monitoring and evaluating of our courses to better track outcomes and report on the successes of our participants. In addition, we aim to expand our communications efforts to raise awareness of our work and shift public perceptions around the links between trauma and social inequality. By strengthening our brand presence and building more of a public platform to raise our profile, we can reach a wider audience and attract new supporters. Finally, we will work to build strategic partnerships and collaborations within the sector, increasing our influence and expanding the reach of our unique approach to recovery and personal growth.

Social franchise model : During the next three years, we will continue to develop our plans for replicating our work through a social franchise model. In 2024, we formally documented the FfC Approach, the first step towards strengthening how we both train trainers internally and externally as part of the social franchising. In 2025, we will pilot our first ever train the trainer internal tutoring for both our existing team and our new volunteers. This will be a prototype for the training we aim to take outwards as part of our social franchising model.

CONCLUSION

In conclusion, we extend our deep appreciation to our trustees, staff, partners, and supporters who have made our work at Foundation for Change possible. Together, we are making a lasting impact on the lives of those recovering from addiction and striving for positive change. We invite you to join us in our ongoing journey to transform lives and create a more inclusive and equitable society.

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Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT

FOR THE YEAR ENDED 31 March 2025

On behalf of the Trustees and the FfC Team,

Bob Bharij CEO and Founder

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Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT

FOR THE YEAR ENDED 31 March 2025

Financial Review

Review of financial position

In total we secured £242,842 of funding in the year 2024/25, with an expenditure of £286,828. The total funds carried forward was £227,632 which is above our reserves requirement.

Reserves and reserves policy

As a sign of our continuing financial robustness, the trustees follow the reserves policy that was set in place in November 2017 and reviewed in 2021. The Chief Executive meets the treasurer bimonthly to assess the level of reserves as well as income and expenditure, cash flow, forecasting, and fundraising activities. The policy requires that unrestricted reserves are set as being two months’ expenditure (rather than a fixed amount), based on costs relating to the previous two months at any given time. This allows for flexibility for fluctuating running costs.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

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----- Start of picture text -----
Signature(s)
At |
Full name(s) Matt Clack
Position (e.g. Secretary, Chair
Chair, etc.)
Date 10/10/2025
----- End of picture text -----

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Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 March 2025

==> picture [508 x 267] intentionally omitted <==

----- Start of picture text -----
Independent examiner's report on the
accounts FOR ENGLAND AND WALES
ee nn
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name
members of
Foundation for Change
On accounts for the year 31 March 2025 Charity no 1156575
ended (if any)
Set out on pages 10 - 13
----- End of picture text -----

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2025.

Responsibilities and basis of report As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) ofthe Act. Independent examiner’s I have completed my examination. I confirm that no material matters have come to statement my attention in connection with the examination which gives me cause to believe that in, any material respect:

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) ofthe Act.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

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Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 March 2025

Date: Signed: 10/10/2025 Tae119507BD8889432... by: Name: M.H Tuffaha AFA Relevant professional Institute of Financial Accountants qualification(s) or body (if any): Address: 3[rd] Floor, 86-90 Paul Street, London, EC2A 4NE

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Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 March 2025

FOUNDATION FOR CHANGE
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2025
INCOME
Note
2
Donations and Legacies
Investment Income
EXPENDITURE
Raising Funds
3
Charitable Activities
NET INCOME/(EXPENDITURE)
FUNDS brought forward
4
FUNDS carried forward		 Year ended
31 March 2025
Year ended
31 March 2024
Unrestricted
Funds
£
Restricted
Funds
£
Total
Funds
£
Total
Funds
£
242,842
242,842
286,828
387
387
274
-

243,229
243,229
287,102
37,214
37,214
44,485
191,748
4,669
196,417
239,782
228,962
4,669
233,631
284,267
14,267
(4,669)
9,598
2,835
86,963
5,976
92,939
90,104
101,230
1,307
102,537
92,939		 Year ended
31 March 2025
Year ended
31 March 2024
Unrestricted
Funds
£
Restricted
Funds
£
Total
Funds
£
Total
Funds
£
242,842
242,842
286,828
387
387
274
-

243,229
243,229
287,102
37,214
37,214
44,485
191,748
4,669
196,417
239,782
228,962
4,669
233,631
284,267
14,267
(4,669)
9,598
2,835
86,963
5,976
92,939
90,104
101,230
1,307
102,537
92,939		 Year ended
31 March 2025
Year ended
31 March 2024
Unrestricted
Funds
£
Restricted
Funds
£
Total
Funds
£
Total
Funds
£
242,842
242,842
286,828
387
387
274
-

243,229
243,229
287,102
37,214
37,214
44,485
191,748
4,669
196,417
239,782
228,962
4,669
233,631
284,267
14,267
(4,669)
9,598
2,835
86,963
5,976
92,939
90,104
101,230
1,307
102,537
92,939
287,102
44,485
239,782
284,267
2,835
90,104
92,939

10

Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 March 2025

2

FOUNDATION FOR CHANGE BALANCE SHEET AT 31 MARCH 2025

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----- Start of picture text -----
31 March 2025 31 March 2024
CURRENT ASSETS
Bank and Cash Balances 227,892 114,233
Debtors and Prepayments 5,000 32,467
232,892 146,700
CURRENT LIABILITIES
Creditors and Accruals 130,355 53,761
NET ASSETS 102,537 92,939
THE FUNDS OF THE CHARITY
Restricted Income Funds 1,307 5,976
Unrestricted Funds 101,230 86,963
102,537 92,939
----- End of picture text -----

The financial Statements were approved by the board of trustees and signed on its behalf by

Name: Matt Clack

Position: Chair

Date: 10/10/2025

Signature :

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Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 March 2025

FOUNDATION FOR CHANGE NOTES TO THE FINANCIAL STATEMENTS (1)

YEAR ENDED 31 MARCH 2025

1 ACCOUNTING POLICIES

a Basis of Preparation

Foundation for Change is a charity which operates for the public benefit.

The financial statements have been prepared under the historical cost convention, on a going concern basis, in accordance with the Statement of Recommended Practice (SORP) in accounting and reporting by charities,

b Income

Income from grants is included when there is reasonable certainty of entitlement. In respect of time related unrestricted grants, income which has been received in advance is deferred.

c Gift Aid

Gift Aid is claimed on donations received, accounted for when the amount can be calculated with a reasonable degree of certainty, normally at the earliest of the date received or claim being made.

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Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 March 2025

FOUNDATION FOR CHANGE NOTES TO THE FINANCIAL STATEMENTS page 2 YEAR ENDED 31 MARCH 2024

2 ANALYSIS OF INCOME
2a
Donations & Legacies
Grants from Trusts and Foundations
Corporate Donations
Other Donations
Gift Aid
2b
Investment Income
Bank Interest Receved
3 ANALYSIS OF EXPENDITURE
Employment
Salaries
Staff development & training
Staff expenses
Consultants
Office Running Costs & Miscellaneous
Rent
Insurance
Communications
Printing & Stationery
Licences & Subscriptions
Trainee and Volunteer expenses
Sundry Expenses
Other
Bank Charges
Events
Governance
Trustees
Annual Report and Review		 Charitable
Raising
Activities
Funds
£
£
155,798
30,804
4,327
1,774
720
22,000
461
5,057
2,770
1,034
488
3,151
1,026
60
3,640
71
450		 Year ended
31 March 2025
£
216,542
22,850
3,450
242,842
387
Year ended
31 March 2025
£
186,602
4,327
1,774
720
22,000
461
7,827
1,034
488
3,151
1,026
60
3,640
71
450
233,631		 Year ended
31 March 2024
£
243,870
15,700
25,683
1,575
286,828
274
Year ended
31 March 2024
£
229,058
6,890
3,271
11,132
22,000
462
6,934
867
525
-
397
60
1,131
540
1,000
196,417
37,214		 284,267

Costs on raising funds have been allocated from support costs using an estimated apportionment of staff time.

4 RESTRICTED FUND MOVEMENTS

Restricted Funds
Procressi Initiative - Wellbeing
At 1 April 2024
Received
Expenditure
At 31 March 2025		 5,976
-
(4,669)
1,307		 -
10,000
(4,024)
5,976

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Docusign Envelope ID: 9CA61F28-B3BB-41D2-A4CD-2F683E282361

FOUNDATION FOR CHANGE

(Registered Charitable Incorporated Organisation No. 1156575)

TRUSTEES ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 March 2025

Related Party Transactions None

Trustees Remunerations and Benefits

None

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