THE HUMAN DIGNITYTRUST Trustees, Report and Financial statements to 31 March 2024 *ADEUGE5Y• 3011012024 COMPANIES HOUSE A19
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Company registration: 7472200 Charity registration.. 1158093
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES REFERENCE AND ADMINISTRATION DEfAILS The Trustees, who are also directors for the purposes of the Cornpanies Act, present their twelfth statutory report and accounts, covering the period I" April 2023 to 31" March 2024. Charity Name The Human Dignity Trust Charity registration number 1158093 Company re8lStration number 7472200 Re8lstered Office 10 Queen Street Place London EC4R IBE Auditors Knox Cropper LLP 65 Leadenhall Street London EC3A 2AD Sollcltors Bates Wells LLP 10 Queen Street Place London ECIN 2HR Bankers HSBC 31 Holborn Holborn Circus London EC4A 2DY Operatin8 Office 4th Floor West- Quality House 5-9 Quallty Court, Chancery Lane London WC2A IHP Website www.humandl nit trust.or MEMBERSHIP The Trustees froffl time to time shall be the only members of the Trust. A Trustee shall become a member on becoming a Trustee. At the date of this report the number of members was 9. The liability of each member is limited to £1, being the amount that each member undertakes to contribute to the assets of the Trust in the event of its being wound up while he or she is a mernber or wlthln one year after he or she ceases to be a member, for: payment of theTrust's debts and liabilities contracted before he orshe ceases to be a member; payment of the costs, charges and expenses of winding up; and adjustment of the rights of the contributories among themselves. Page I
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOUNDER MEMBER AND CHAIR OF TRUSTEES The Founder Member, Timothy John Otty KC, was the first Chair of the Trustees. He retired from that office effective 31 January 2016 after over 5 years at the helm. The Trustees appointed the Rt Hon Shaun Woodward as the new Chair effective the same day and he remained Chair until 29 June 2022. The Treasurer, Matthew Robinson, was Acting Chair from 29 June 2022 until Julia Chain, was appointed effective 14 July 2022, resigning on 151 March 2024. Conway Blake was appointed effectlve I" March 2024 and he remains Chair of the Trust. The Chair of the Trustees serves for such term of office as the Trustees determine and they may at any time remove him or her from that office. TRUSTEES The Trustees who are serving at the date of this report or who have served durin8 the period covered by the accounts are: olnted Resi Name s Trustee 2410512018 14107/2022 2910612022 3110112018 24105/2018 17109/2020 1710912020 16/0212023 16/0212023 0110612023 0110612023 as Trustee P05ilion Chair of Trustees Chair of Trustees Vice Chair of Trustees Treasurer Conway BLAKE Julia Sarah CHAIN 01103/2024 Patrick DORIS Matthew Charles ROBINSON Conway BLAKE Prof. Michael Kwame ADDO Emma Jayne CUSDIN Lvls Alfonso BARROSO Robert Andrew SWADE Andrew MILLER Sara WILBOURNE 2311112023 Any person who is willin8 to act as a Trustee, and would not be disquallfled frorn actlng under the prov151ons of Article of Assoclation number 27, may be appolnted to be a Trustee by a decision of the Trustees, for such term as the Trustees may declde, provided that every appointment must have the approval of the Founder while he remains a member (note: the Founder's membership ceased on 2910612022}. TRUSTEE INDUCTION AND TRAINING New Trustees are inducted into the governance responsibilities of the Trust, and of the Company as registered charity, by the Chair and Chief Executive. Guidance information from the Charlty Commission is made available to all Trustees. Page 2
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES KEY MANAGEMENT The key management personnel of theTrust are Treva Denise (Téal Braun, Chief Executiveof the Trust, supported by the Senior Management Team of Ariane Adam- Head of Legal, Emma Eastwood - Head of Strategic Communications, and Victoria Sanderson- Head of Finance and Operations. CHIEF EXECUTIV Treva Denise (Téal Braun, Chief Executive of the Trust, has executive responsibilities for the Trust. OBJECTS The Trust was reglstered as a charlty on I, Au8USt 2014. The objerts of the Trust are for the public benefit: To promote and to protett human rights las set out in the Universal Declaration of Human Rights and subsequent United Natlons conventions and declarations) throughout the world, and in particular Ibut wlthout limitation): the rights to humarn dignity and to be free from cruel, inhuman or de8radln8 treatment or punishment; the right to privacy and to personal and social development; and to promote the sound administration of the law. The charity conflrms the trustees have complled with the duty In section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission in determinin8the activlty undertaken by the charity. FINANCIAL RESULTS FOR THE PERIOD The financial results are set out in the attached accounts. Income forthe perlod was £1,752,436 whllst expenditure totalled £1,435,178 Total funds held as at 31st March 2024 are £1,202,580. Page 3
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES POLICY ON RESERVES In the opinion of the Trustees the level of reserves required to safeguard the operations of the Trust in the event of the loss of significant funding equates to approximately six months, unrestricted operating expenditure. The actual level of reserves tends to fluctuate due to the seasonality of the Trust's grant funding and expenditure, and should it deviate si8nificantly from this level, the Trustees would conduct a review, Based on the results for the year ended 31 March 2024 the required level of reserves would be £476,843. Free reserves, excluding designated f unds and funds tied in fixed assets, as at 31 March 2024, are £850,412. In order to secure the future of the Trust, the aim of the Trustees is to secure the on-going financial commitment of funders. PRINCIPAL RISKS The Board of Trustees, and Finance, Audit, Rlsk and Governance Committee, meet flve times per year, and more frequently if appropriate. All signif icant risks, together with current mitigation actions, are reviewed regularly throughout the year through a formal risk management process. The Trustees are satisfied that the risks identified have been mitigated to an acceptable level. The principal risks and uncertainties identif led by the charlty are as follows: Rlsk Identified Actlon taken to mltlgate rlsk Income risk A strict income budget is in place, with bi-monthly targets. The Board of Trustees meets five times per year to discuss progress. Rlsk to staff The safety of staff on overseas business trips is reviewed for every trip, and security and insurance are provided as appropriate. FUNDRAISING The vast majorlty of our fundraising has been with established foundations, corporates, and government bodies, all of which have rigorous application and approval procedures. The Trust has also received funding through individual high net worth Individuals and, through our website, members of the public make smaller donations either on a one-off or recurrin8 basis. We do not fundraise through mass appeals or use external professional fundraisers. TRU5TEES' RESPON5181LITIES The Trustees (who are also directors of the Trust for the purposes of company law) are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom accountin8 Standards (United Kingdom Generally Accepted Accounting Practice). Page 4
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES Company law requires the Trustees to prepare financial statements for each financlal 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 slate of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to: select suitable accountin8 policies and then apply them conslstentty; observe the methods and principles of the Charities SORP. make judgement5 and estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Trust will continue in operation. The Trustees are responsible for keepln8 adequate accountln8 records that are suff icient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charltable company and hence for takln8 reasonable steps for the prevention and detection of fraud and other Irregularities. In so faras we are aware: There is no relevant information of which the charitable company's auditors are unaware; and The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant Informatlon and to establlsh that the charltable company's auditors are aware of that Information. The report of the Trustees has been prepared in accordance with the special provisions relatin8 to companies subject to the small companies regime within Part 15 of the Companies Act 2006. PLANS FOR THE FUTURE We will be finalislng a new 5-year strategylo commence April 2024 and rurn to March 2029. With both ongoing success in our work in the past year and a growing anti-LGBT movement in some regions, we will continue the same work we've always done whilst building in new, agile strategies to help our partners counter rollback and regression. Our central focus will remain providing technical assistance for decriminalising consensual same-sex sexual conduct, eradicating other repressive laws and practices that are justified on the basis of the criminal law, reforming wider sexual offence laws and enacting protective legislation, inclusive of both old colonial-era laws and newer forms of criminalisation. We will continue expanding our complementary support to local partners with media and communications strategies. Havlng grown our In-house legal team over the past year, including bringing on board new regionally-based members of the team in the regions in which we work, we Page 5
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES will expand our work and provide ever-increasing support for local partners with their legal change efforts. Our new 5-year Strategy12024-20291, will incorporate five priority areas: l. Strate8ic human rights litigation; 2. Le8lslatlve reform; 3. Media, communications and public education; 4. International and regional and advocacv. 5. Operational strengthening. In close collaboration with our local partners, we will press forward with existing and new legal cases, technical asslstance for legislatlve reform and communications plans across Africa, Asia, the Caribbean, and the Paclflc. We will also continue to update, promote, disseminate, and leverage our extensive body of research including at key regional and international fora, in order to keep the issues of decrlminallsatlon, wlder sexual offences law reforrn and protectlve legislation on human rlghts agendas around the Commonwealth and beyond. As we Brow, we will build up our internal operational capacity and ensure our high-performin8 teams have what they need to thrive. ACTIVITIES UNDERTAKEN DURING THE REPORTING PERIOD Between l April 2023 and 31 March 2024, the Trust completed a number of major activities and achieved signif icanl legal successes, across both our strate8ic Iltlgatlon and legislative reform work to support local partners to eradicate laws that criminalise, discriminate against and fail to adequately protect LGBT people. We also successfully grew our media and communications strate8ies in collaboration with our local civil society and government partners. Technlcal legal osslstance In this period, the Trust has been working actively with local clvll society, legal and government partners in 18 countries across four regions of the world. We supported one new decrimlnallsatlon case filed irn a domestic court, continued to support ongoing flled cases and litigants in seven jurisdictions, and supported two further jurisdictions with efforts to ensure implementation of international human rights decisions calling for decriminalisation. We also worked in an additional six countries through research, strategy sessions. legal drafting, online trainings andlor consultations with a view to developing legal Strategies to challenge anti-LGBT laws in the courts. Three decriminalisation cases and one freedom of association case were argued in domestic first instance or appeal courts. with Judgments expected in 2023-24, Page 6
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES We helped achieve a landmark court victory that decriminalised LGBT people in Mauritius, Our legislative reform work, in which the Trust provldes technical leBal assistance on request to governments seeking to reform sexual offence laws that criminalise, discriminate a8ainst, or fail to adequately protect LGBT people and other marginalised groups, and to enact protective legislatlon, was also active this year. With renewed funding from the UK Foreign, Commonwealth and Development Office, the Trust provided ongoing technical legal expertise to two Commonwealth governments to develop human rights compliant bills on sexual offences, hate crimes and/or equal opportunitie5. Bills in these and other partner countries are finalised and working their way through dornestlc legislative processes, We also supported clvll society or8anisations in one additional country to effectively analyse or advocate for legislative reform, and we brought together participants from nine countries to discuss and strategise around the potential development of hate crime legislation The direct beneficiaries of our work- namely the LGBT populations in the countries in which the Trust is active totals close to 20 million people globally. In the case of our le8islative reforrn work, addltional beneficiaries Include tens of millions of other marginalised people such as women, children and persons with disabilitles all of whom wlll directly beneflt from broad-based reforms to dlscrlmlnatory or inadequate sexual offence laws or the enactment of hate crime or equal opportunlties legislation. Media and communicutions Our media and communication5 5UPPOrt to our local partners always complements ourtechnical legal assistance. We supported the development and implementation of communications strate8ies linked to liti8ation In elght countries in the Carlbbean, the Pacific, Asla and Africa. Together with our partners and local lawyers in two of these countries, this involved agreeing messaging and media relations tactics in advance of case filings in order to prepare the ground for facts-based and persuasive reporting on constitutional challenges, whilst in another six countries we supported the drafting of press releases and think pieces following key hearings and judgments. The Trust's support to local public education campaigns linked to le8al change continued In three country, with publlc seNlce announcements reachlng slgnificant percentages of one of the country's population across broadcast and digital. A research project, including pollin& which will eventually inform similar campaigns in one further country, was also developed. We continued to advance our use of film to communicate complex and compelling legal issues affecting LGBT human riBhts to broader global audiences. Over the course of ihe year, the Trust produced two films, includin8 a new impact video profiling our work. Our 30-minute documentary film, on Ihe ur8ency and need for reforrn of sexual offence laws and Introduction of hate crlme legislation in the Commonwealth, continued to win garlands with a grand total of over60 film festivals awards and selections. PaBe 7
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES TheTru5t scored over 1959 media mentions during the year, comprislng a reach of 6.73 billion people globally. Leadershlp ond growth Téa 8raun contlnued to lead the organisation. Under her leadership and thanks to the generous support of our donors, we Brew our annual in¢omè to £1,752,436 in this financial year. The valve of pro bono legal service5 in support of our work from our Legal and Bar Pane15 this year amounted to in excess of £1.5 milllon. We also completed the fina5 year of irnplementing our 3-Year Strategy {2021- 20241 with great success. including achieving a record number of le8al victories, and further increasing our pem)anent staffin8 complement In order to meet the demand5 and opportunities for our work. For the flrst tlme ever, we brought on board three Senior Associates based in the regions in which we work and representing the Trust to help advance our mission, as well as a long-term Senior Legal Consultant based in one of the re8ions who Is workin8 Wlth us to advance a new tase the UN level. Si8ned on behalf of the Trustees . 23 Oc¢ 2024 Chair of Trustees Dated: 26th September 2024 Pa8e 8
THE HUMAN DIGNITY TRUST (registered company no. 07472200) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ThE HUMAN DIGNITY TRUST FOR THE YEAR ENDED 31 MARCH 2024 We have audlted the financial statements of The Human Oignity Trust Ithe company'l for the year ended 31 March 2024 which comprise the Statement of Financial Activities. the Balance Sheet, the Statement of Cash flows and notes to the financial statements. including a summary of slgnlficant atcountinB policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kin8dom Atcounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland {United Kingdom Generally Accepted Accountin8 Prallicel. In our oplnion. the financlal statements: give a true and fair view of the state of the company's affairs as at 31 March 2024 and of income and expenditure for the year then ended,. have been properly prepared In accordènce wlth Unlted KinBdom Generally Accepted Accounting Practice; and have been prepared in accordance wlth the requlrements of the Companles Act 2006. Basls for oplnion We conducted our audlt in accordance with International Standards on Auditing IUKI IISAS IUKI) and applicable law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of the financial statements section of our report. We are independent of the Sn accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, includin8 the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilitles in accofdance with these requlrements. We believe that the audit evidence we have obtained is sufficlent and appropriate to provide a basi5 for our opinion. Concluslons relatln8 to zolng concern In audltlng the flnanclal stalements, we have concluded that the trustees, use of the golng concern basls of accountlng In the preparatlon of the financlal 5tatement5 is appropriate. Based on the work we have performed. we have not identifled any material uncertalnties relating to events or conditions that, individually or collectively, may cast slgnificant doubt on the charitable company's ability to continue 35 a 80in8 concern for a period of at least twelve month5 from when the financial statements are authorised for issue. Our responslbilities and the responslblllties of the trustee5 Wlth respect to going concern are described in the relevant sections of this report. Other Inforfflation The other informatlon comprises the Information included In the annual report. other than the financial stalements and our audrtorfs report thereon. The trustees are responsible for the other inforrnation. Our opinion on the financial statements does not cover the other information and, excepl to the extent othcrwist explicitly stated in our report, we do not express any form of assurance conclusion thereon. Page 9
THE HUMAN DIGNITY TRUST {reg15tered company no. 07472200) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE HUMAN DIGNITY TRUST FOR THE YEAR ENDED 31 MARCH 2024 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 to report that fact. We have nothing to report In this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit: the information given in the trustees. report, which includes the directors, report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financlal statements; and the directors, report included wlthin the trustees, report has been prepared in accordance with applicable legal requlrements. Matters on which we are requlred to report by exceptlon In the light of the knowledge and understanding of the and its environment obtained in the course of the audit, we have not identified material misstatements in the directors, report included within the trustees, report. 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, or returns adequate for our audit have not been received from branches not visited by us; or the financial statements are not in agreement with the accounting records and returns; or certain disclosures of trustees, rernuneration specified by law are not made; or we have not received all the information and explanatlons we require for our audit. the trustees were not entitled to prepare the financial statements in accordance with the small companies re8ime and take advantage of the small companies, exemptions in preparing the trustees, report . Responslbllltles of trustees As explained more fully in the trustees, responsibilities statement in the Trustees, Report, the trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied thal they glve a true and fair vlew, 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 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unle55 the trustees either intend to liquidate the or to cease operations, or have no realistic alternative but to do 50. Page 10
THE HUMAN DIGNITY TRUST (registered company no. 07472200) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE HUMAN DIGNITY TRUST FOR THE YEAR ENDED 31 MARCH 2024 Auditor'5 responslbllltles for the audlt of the finan¢lal statements Our objectives are to obtain reasonable assurance about whether the flnanclal statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditorfs report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUKI 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 misstaternents in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: We obtained an understanding of the legal and re8ulatory frameworks that are applicable to the charitable company and determlned that the most $18nlflcant are the Staternent of Recommended Practlce 'Accountin8 and Reporting by Charltles, ISORP 20151, in accordance with the FlnancSal Reporting Standard appllcable In the UK IFRS 1021 applicable to smaller entities and the Companies Act 2006. We identified that the legal requirement to accurately account for restricted funds was of key significance. We gained and understanding of how the charitable company is complying with legal and regulatory framework, including the requirement to properly account for restricted funds, thorugh discussions with management, together with the review of the charity's documented policies and procedures. The audit team, which is experienced in the audit of charities, considered the charity's susceptibility to material misstatement and how fraud may occur. Our considerations included the risk of management override. Our approach was to check that the income from granls and donations were properly identified, expenditure were complied with the control procedures and appropriately charged. In addition, we checked that restricted income was properly identified and separately accounted for and to ensure that only valid and appropirate expendlture was charged to restrlcted funds. We also reviewed Journal adjustments and unusual transactions. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: htt www. rc.or auditorsre5 onsibilities. This description forms part of our auditorfs report. Page 11
THE HUMAN DIGNITY TRUST (reglstered company no. 07472200) INDEPENDENT AUDITOR'S REPORTTO THE MEMBERS OF THE HUMAN DIGNITY TRUST FOR THE YEAR ENDED 31 RCH 2024 Use of our report This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of ihe Companies Act 2006. Our audit work has been undertaken, so that we might state to the companws rnembers those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsiblllty to anyone other than the company and the compan5 members as a body* for our audit work, for thls report or for the opinions we have formed. Shoalb Ai$ha¢ (Thu, 241h Ocl 2024 15',22.,54 BST) Shoaib Arshad (Senior Statutory Auditor) For and on behalf of: Knox Cropper LLP Chartered Accountants & Statutory Auditors 65 Leadenhall Street London EC3A 2AD 24 Oct 2024 Page 12
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING THE INCOME AND EXPENDITURE ACCOUNTS) FOR THE YEAR ENDED 31ST MARCH 2024 Unrestricted Restrlcted Funds Funds Total 2024 Unrestrlrted Restricted Total Funds Funds 2023 (restated) (restated) Notes Income from". Oonations and legacies Investments Other income 628,607 1,103,652 1,732,259 20,177 20,177 621,291 3,901 2,000 930,118 1,551,409 3,901 2,000 Totol income 648.784 1,103.652 1,752,436 627.192 930,118 1,557,309 Expenditure on: Costs of generatin8 funds Costs of raising funds Charitable activities 132.634 330.905 132.634 971,639 1,302,544 123.534 379,094 123,534 870,080 1,249,174 Total expendlture 463,539 971,639 1,435,178 502,628 870,080 1,372,708 Net movement In funds 185,245 132,013 317,258 124,564 60,038 184,601 Funds brouqhtfotword 821,611 63,712 885,322 697,047 3,674 700,721 Funds corrledforword 1,006.856 195,725 1.202,580 821,611 63,712 885,322 The statement of f inancial activities includes all gains and losses in the period. All income and expenditure is derived from continuing activities. The notes on pages 16 to 25 form part of these financial statements. Page 13
THE HUMAN DIGNITY TRUST {LIMITED BY GUARANTEE) BALANCE SHEET AT 31ST MARCH 2024 2024 2023 Notes (restated) 27,803 Fixed Assets 16,225 Current Assets Debtors Cash at bank and in hand Total Current Assets 34,309 1,231,175 1,265,484 242,434 731,882 974,316 Credltors: amounts falling due within one year 79,129 116,797 Net Current Assets 1,186,355 857,519 Net Assets 1,202,580 885,322 Funds of the Trust Unrestricted funds General Fund Designated Fund - 2023124 Projects Designated Fund - 2024125 Projects 850,412 156,444 665,167 156,444 1,006,856 195,724 821,611 63,712 Restrlcted funds Total Funds io 1,202,580 885,322 The accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime were approved for issue by the board and were Signed on its behalf on 26th September 2024 l.L. c119¥4140, 23id Ocl 2024 .45".36 Aair olwustees / Company Director iWe(J, 23id fr&SWlér'lt8Albany Director Company registration number: 7472200 Page 14
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Irestated) Cash flows from operatlng actlvltles: Net cash from operating activities (see below) 485,460 311,721 Cash flows from investing activities Interest f rom investments Fixed Assets 20,177 (6,3431 13,834 3,901 110,0931 16, 1921 Net cash provided by investing activltles Change In cash and cash equlvalents In the year 499,293 305,527 Cash and cash equSvalents at the be8lnning of the year 731,882 426,355 Cash and cash equivalents at end of the year 1,231,175 731,882 2024 2023 Irestated) Net Income for the year Iper Statement of Flnanclal Actlvltlesl 317,258 184,601 Adjustments for: Interest from investment income Depreciation Decrease in debtors {Decreasel/ increase in creditors 120,177) 17,922 208,125 137,668) 13,901} 19,467 194,202 182,649) Net cash from operating activities 485.460 311.721 Analysis of cash and cash equivalents 2023 Cashflows 2024 Cash in hand 731,882 499,293 1,231,175 Page 15
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS l. Accounting policies The principal accounting policies adoptedi judgements and key sources of estimation in the preparation of the f inancial statements are as follows: la) Basls of accounting The financial statements have been prepared in accordance wlth AccountlnE and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {Charities SORPIFRS10211, the f inancial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021. The Human Dignity Trust meets the definition of a public entlty under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. (b) Incorporatlon detalls The charity is a private limited company incorporated In England and Wales. The company's registered number is 7472200 and its registered office is 10 Queen Street Place, London, EC4R IBE. The charity's principal activity is to support those who want to challenge laws that criminalise lesbian, 8ay, bisexual and transgender ILGBTI people wherever they exist in the world, through litlgation and legislative reform. (c) Depreclatlon of flxed assets Depreciation is calculated so as to write off the cosl of an asset over the useful economic life of that asset as follows: Leasehold improvements - Straight line over the length of the lease Fixtures & f iltings Straight line over 3 years IT equipment - Strai8ht line over 3 years (d) Fund accounting Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the Trust, Restricted funds are subjected to restrictions ori their expenditure imposed by the donor or through the terms of an appeal. Page 16
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) NOTESTO THE ACCOUNTS l. Accounting policies (contlnued) le) Income Income is recognised and included in the Statement of Financial Activities ISOFAI when: the Trust becomes entitled to the resources; receipt of the income is more than probable; and • the monetary value can be rneasured with sufficient reliability. Where income has related expenditure las with fundralsln8 or contract Income) the figures are reported gross in the SOFA. Grants and donations are only included In Ihe SOFA when they are probable to be recelved, can be measured reliablyi and the charity is enlitled to the income. Gifts in kind are accounled for at a reasonable estimate of thelr value to the Trust or the amount actually realised and are included in the SOFA as incornin8 resources when receivable. Donated services and facilities are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the Trust is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the Trust of the service or facility received. The value of any voluntary help recelved is not included In the accounts but is described In the Trustees, annual report. Investment income is included in the accounts when receivable. Ifl Expenditure Liabilities are recognised as soon as there is a le8al or construrtive obligation committing the Trust to pay out resources. Costs of 8eneratlng funds Includes the costs assoclated wlth attracting voluntary income. Trust activities includes the costs incurred by the Trust in the delivery of its activities. It includes bolh those osts that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs include costs of the preparation and audit of the statutory accounts, the costs of Members, and Trustees, meetings and cost of any legal advice to Trustees on governance or constitutional matters. Page 17
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) NOTESTO THE ACCOUNTS l. Accounting policies (continued) (g) Key management disclosure The total employee benefits of the key management personnel were £301,146 (2023: £319,501). (h) Cash and cash equlvalents Cash and cash equivalents Includes cash and short lerm highly liquid Investments with short term maturity of three months or less from the date of acquisition or opening of the deposit or similar account. lil Golng concern The Trustees consider there are no material uncertainties about the CharitV'5 ablllty to continue as a golng concern. The review of our f inancial positlon, reserves level and future plans 8lves Trustees confidence the charity remains a going concern for the foreseeable future. (i) Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resultin8 from a past event that wlll probably result in the transfer of funds to a thlrd party and the amount due to settle the obllgatlon can be measured or estimated reliably. Credltors and provisions are normally recognised at thelr settlement amount after allowin8 for any trade discounts due. Ik) Estlmates and judgements Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Trustees, best knowled8e of the amount, events or actions, actual results ultimately dlffer f rom these estlmates. Page 18
(LIMITED BY GUARANfEE) NOTES TO THE ACCOUNTS (contlnued) 2. Total Income (restated) Donations and legacies Unrestricted Restricted Funds Funds Total 2024 Unrestricted Restricted Funds Funds Total 2023 {re$tated) (restated) ARCUS FCDO Luminate Oak Foundation Open Society Foundatlons SiErid Rausing Trust Equality Without Borders 78.724 439,127 78,724 439,127 80,092 210,000 139,433 425,000 51,515 633,673 24,597 159,979 633,673 270,555 259,979 80,092 80,000 139.433 125,000 51,515 245,958 loo,000 130,000 300,000 125,000 59,259 125,000 59,259 Elton John AIDS Foundation The Baring Foundation RMDS Foundation Evan Cornish Foundation NextEnergy Foundation UHAI Le8acy Miscellaneous donations Corporate donations 147,996 147,996 52,382 52.486 52,382 52,486 5,000 5,000 2,000 10,000 10,000 10,000 10,000 2,000 5,805 5,000 5,000 2,000 2,000 5,805 30,000 56,074 30,000 56,074 49,883 82,684 49,883 82,684 628,607 1.103,652 1,732,259 621,291 930,118 1,551,409 Investments Unrestricted Restricted Funds Funds Total 2023 Unrestrlcted Restrlrted Funds Funds Total 2022 Bank interest 20,177 20,177 3,901 3,901 20,177 20,177 3.901 3,901 Other Income Unrestrlcted Restrlcted Funds Funds Total 2023 Unrestrlcted Restricted Funds Funds Total 2022 Fees 2,000 2,000 2,000 2,000 Page 19
THE HUMAN DIGNITY TRUST {LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (contlnued} 3, Total expendlture Basis of Allocation Direct Staff Time Staff Time Staff Time Staff Time Usage Direct Direct Direct Dlrect Direct Staff Time Direct Staff Time Staff Time Fundraising Trust Artlvities Governance Total 2024 Annual Accounts Bank Charges Equipment and l.T. Costs Insurance Offlce, Printing and Statlonery Professional Fèes Advocaty costs Litigation costs Communications costs Fundraising costs Le81slative reform costs Rent and Rates Salaries and Fees Telephone and Communications Other establishment costs 51,119 441 1,187 651 60 1.206 51,119 4.803 12,932 7,095 656 117.881 52,864 136,237 48,318 6,030 148.434 101.775 716.724 1.560 10,828 691 1,860 1.021 94 3.671 9,885 5,423 501 116.675 52,864 136,237 48,318 6,030 148,434 77.795 558.718 1.192 8,229 14,639 103,807 224 1,516 9.341 54,199 143 1,083 129,882 2,578 1,167.943 13,699 119.430 1,645 1,417,256 17,922 Depreciation Staff Time 132,460 1,181,643 121.075 1,435,178 Basis of Allocatlon Direct Staff Time Staff Time Staff Time Staff Time Usa8e Direct Direct Direct Direct Direct Staff Time Dlrect Staff Time Staff Time Fundralsln8 Trust Actlvltles Governance Total 2023 Annual Accounts Bank Charges Equipment and l.T. Costs Insurance Off ice, Printing and Stationery Professional Fees Advocacy costs Litigation costs Communications cost5 FLJndraising costs Legislative reform costs Rent and Rates Salaries and Fees Telephone and Communications Other establishment Costs 7,108 577 679 334 68 2.643 7.108 6,291 7,398 3.643 738 44,740 7,503 75,234 89,063 2,721 309,701 112,620 674,652 3,982 7,846 905 1,064 524 106 4,809 5.655 2.785 564 42,097 7,503 75.234 89,063 2,721 309,701 86,085 515.692 3.044 5,325 16,199 97,041 573 1,601 10.336 61,919 365 920 120,734 2,800 1.147,557 14,880 84.949 1.787 1,353,240 19,467 Depreciation Staff Tlme 123,534 1,162,437 86,736 1,372,708 Page 20
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (continued) 4. Net movement in funds is stated after charsinÈ: 2024 2023 Auditors, remuneration plus VAT 10,680 7,080 Salarles and wages Pension costs Social Security costs 619,317 35,555 61,852 576,438 36,949 61,266 716,724 674,652 The number of employees durin8 the period was 1412023 131. The Trust operates a pension scheme for Its employees, and complies with employer pension duties in respect of its employees in accordance with Part l of the Pensions Act 2008, There were 3 employees earning more than £60,000 per annum (2023.11. 5. Trustee remuneratlon & related party transactlons No Trustees received any remuneratlon durln8 the perlod. One Trustee received expenses of £98 durin8 the period12023: £nill, No Trustees or other person related to the charity had any personal interest in any contract or transaction entered into by the Trust during the period {2023: none). Page 21
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (continued) 6. Taxation As the Trust is a non-trading organisation with charitable objectives, there is no liability to corporation tax. 7. Fixed assets Leasehold improvements Flxture & fittlngs IT equipment Total Costs As at 31 March 2023 59,794 8,890 4,109 19,079 2,234 87,763 6,343 Acquired during the year As at 31 March 2024 59,794 12,999 21,313 94,106 Accumulated depreciation As at 31 March 2023 42,853 11,959 7,040 1,591 10,067 4,372 59,959 17,922 Char8e for the year As at 31 March 2024 54,812 8,631 14,439 77,881 Net book value As at 31 March 2023 16,941 1.850 9,012 27,804 As at 31 March 2024 4,982 4,368 6,874 16,225 8. Debtors 2024 2023 Other Debtors and Prepayments 34,309 242.434 242.434 9. Creditors: amounts falling due within one year 2024 2023 {restated) 16,400 100.397 Taxation and Social Security Other Creditors and Accruals 26,497 52,632 79,129 116,797 Page 22
THE HUMAN DIGNITY TRUST {LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS {continued) 10. Movements in funds (restated) 0110412023 Income Expenditure 3110312024 Restricted Funds FCDO Oak Foundation Elton John AIDS Foundation The Baring Foundation Luminate NextEnergy Foundation Sigrid Rausing Trust ARCUS UAHI 439,127 130,000 147,996 439,127 88,126 133,202 23,276 15,725 10,634 9,234 28,118 15,725 52,508 24,028 4,842 2,000 300,000 78,724 5,805 2,000 33,622 78,724 266,378 5,805 63,711 1,103,652 971,639 195,724 Unrestricted Funds General Fund Designated Fund - 2022123 Projects Designated Fund - 2023124 Projects 665,167 156,444 648,784 463,539 850,412 156,444 821,611 648,784 463,539 1,006,856 885,322 1,752,436 1,435,178 1,202,580 0110412022 Income (restated) 633,673 159,979 52,382 52,486 24,597 Expendlture 3110312023 (restated) Restricted Funds FCDO Oak Foundation Elton John AIDS Foundation The Baring Foundalion Luminate12022 grant) Luminale Istipendl Evan Cornish Foundation NextEnergy Foundation 633,673 149,345 43,148 24,368 8,872 3,674 5,000 2,000 10,634 9,234 28,118 15,725 3,674 5,000 2,000 3.674 930,118 870,080 63.711 Unrestricted Funds General Fund Desi8nated Fund - 2022123 Projects Designated Fund - 2023124 Projects 540,603 156,444 627,192 502,628 665,167 156,444 700,721 1,557,309 1,372,708 885,322 FCDO This grant is for The Human Dignity Trust's work in reducing violence and discrimination against LGBT people, women and girls, and other vulnerable groups through the reform of sexual offences, anti-discrimination and hate crime laws in the Commonwealth and beyond. Page 23
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (continued) Oak Foundation This grant is for The Human Dignity Trust to create an enabling environment for successful legal change by developing and implementing media and communications strategies and/or broader public education campaigns linked to any litigation or legislative reform effort. Elton John AIDS Foundatlon This grant is for The Human Dignity Trust's work in removin8 Structural barriers to HIV prevention by advancing decriminalisation. rin undati Thls grant Is for The Human Dl8nlty Trust to support a set of advocacy activities to inform and convene key global stakeholders around a ground-breaking decision by the Commlttee on the Elimination of Discrimination Against Women ICEDAWI. Luminate 2022 rant This 8rant is for The Human Dignity Trust to hold a Iltigant retreat to provide respite and share learning. Luminate 2021 rant This grant is to support The Human Dignity Trust's internal diversity, equity and inclusion work. Evan Cornish Foundation This grant is for The Human Dignity Trust to accelerate the decriminalisation of LGBT people and related legal advances globally through technical legal and strategic communications support for the LGBT human rights movement. NextEner Foundation This grant is to cover a portion of a grant made by The Human Dignity Trust to a local LGBT organisation working in a country in the Caribbean which criminalises LGBT people. Page 24
THE HUMAN DIGNITY TRUST (LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (continued) 11. Analysis of net assets between funds Unrestricted Funds Restricted Funds Total Funds 2024 Flxed Assets Net Current assets 16,225 990,631 16,225 1,186,355 195,724 Total net assets 1,006,856 195,724 1,202,580 Unrestrlcted Funds Restrlcted Funds Total Funds 2023 (restated) Fixed Assets Net Current assets 27,803 793,808 27,803 857,519 63,712 Total net assets 821,611 63,712 885,322 Page 25