empathy Action EMPATHY ACTION CIO Registered Charity Number.. 1162224 ANNUAL REPORT ACCOUNTS FOR THE PERIOD ENDED 3tst December 2023 01892 576 336 www.empathyaction.org ontact@empathyaction.org empathy Action Index to Accounts Rewrt of the Trustses Independent Ex8mineT'S Report Statement of Financial Activlties Balance Sheet Notes to the Accounts 01892 576 336 www.empathyaction.org contact@empathyaction.org EmpatFy Pction CIO IS Serpentsne Road KenL TN13 3XR Paui Williqms Mike Fawcett J8me5 MacLeay 16 June2015 15 MBrch 2016 15 March 2016 reappolntad 28 Fabruary 2022 reappolnted 28 February 2022 T88ppolnted 22 February 2022 resun8d 1 8 July 2024 reappointed 28Februèry 2022 sppolnt8d 28 February 2022 Nata5f0 Willrthn5 Colin Cr&p L8uta Cts)k 1$8LW 15 ￿rth2O16 5 March 2019 22 May 2023 22 May 2023 EmpathyAction CIO Report ofthe Trus￿e$ Report of the Trustees Our Structure, Governance and Management Empathy Action is a Charitable Incorporated Organisation. The only voting member5 are its charity trustees, who are appolnted by the exi5tillB trustees. The Iharity wa5 re%i5tered on lune 16th, 2015. Empathy Artion is ntsn)%ed by its founder Director Ben Solanky and run by its full-time and part-time volunteers who recelve no tlnancial remuneration except for expenses properly Incurred In the course of their voluntsry activity that fall withln the guidelines laid down in its expenses policy. Our Oblectlves Empathy Actlon aims to promote rhe preventlon and rellef of poverty and to advance education by.. providin experiential learninR DPPOrtunitie5 which enable participantsto develop their understandlnR of poverty. and encoura%e compassionate action,. undertakinR research into factors ihai conirlbute to poverty and way5 to miti%ate these,. and asslstlng In the provlslon of educatlorb tralnln% and healthcare projects to enable individuals to Renerate a sustainable income. Our M1551on We believe that everyone 15 able to enRaRe in the battle aKainst poverty and Inlusllce and that wo each make a cruclal dlfference. Our mlsslon Is to Inspire and empower people io work togetherto ITnprove the Ilve5 of other5 in need. Our Motlvatlon and Core Values We are motlvated by the teachlng ofiesus to love our nelghbour a5 outselves whl£h underplns our core values of CONVICTION.. we belleve that honouAnK other5 above oneself, CarIn￿ for each other and actln8 wlth couraRe, Can chanAe ihis broken world we live In. COMPASSIL)N'. we belleive thai God lovlnRly created all people In HIS irnaRe, to live equally and wlth dlEnlty. COMMUNITY.. we belleve that acts ofcollaboratlon are Ilke rlpples, spreadlng outward, far-reachln% and wlth tran5frormative power. Our actlvltles Empathy Actlon focuses on deepenlnK people's awarenes5 of, and empathy wlthj %lobal deprlvatlon and flndlnR stratQRlc ways ofhelplnR Ihose in need. It achloves thls primarlly ihroukh Its experlential activitles., l%nltinR a de51re to help, whlch It belleves wlll luel ¢ompasslonate action. Alongside this, ETnpathy Action is identifyinR cornmunities In need of a5slstance, workinx closely with Lliem to eS￿blIsh viable Ilvellhood d¢v¢lopment s¢heme5, Includlng tlie produ¢tlon and dlstrlbutlon ofhandlcrafts. This tarBeted approach ha5 the twofold objective ofbrinRin% about P051tive tran5forrnation of such groups whi15t providin8 Etnpathy Action's partner5 Wlth opportunitlos to become part of the solutlon throuRh, for example, the donatlon ofskills or flnancial resources or the sale ofhandlcraft& Empathy Actlon's exper5entlal actlvlties Include SiTnulations of the life experience5 of disadvantaRed and Mar￿naliSed %roups around the world. These simulations are actlvliles that allow partlciponts to walk In the shoes of those Ilvlng In extreme poverty and refu%ees. Thesp alm to help the public better understand the needs of people facinR such situation5 by offering a small %limpse into the reality faced by millions worldwide. The experipn¢es are used to stimulate discllssion about how participants can contribute Sn thelr personal and proFe5slonal Ilve5 to poverty relief initiatives and respond to humanitsrian need through volunteering, or dcnatinKKoods, skills or rtnanclal resource5. The measures put In place to contaln the Covid 19 pandeTnic disrupted many of our programmes which requlre access to schools and face to face contsrt with pupils. Empathy Action sought innovatlve and creatlve ways to Implement our mlssion In rhe crlsis. These Included the development of'The High Life,, a climate justice simulation that is available for schools and other group5 to Use by downloading the material fvom our webslte (www.empathydci'ion.orgl. Empathy Action CIO Reportof the Trustees Flnanclal revlew The nel outcom& for the year was 8 surplus of £6,431 made up of ssjrplus of £3,321 on General Funds and a SU￿lUS of £3. 110 ori Designated Funds. Inconllng resources 1rtom1￿ resources I￿reaSed ty £15,200 over the ryevioLS year. Income from s1mulatio￿ and donatior6 . I￿reased signrficantty oveT prior year. 1kg￿licr8ftS income wa5 lower 8rKS ￿￿1raIsITE was nil. The I￿reaseS in incom8 roflected st4nthc0nt￿ more simulation ￿t1Vty than in 2022 dWiON% from Empathy AngeL5 arKI Resou￿$ expendei Expendllure on simulations was similar lo prior year despite 8n increase In 8CtSvSty. There w8s more expenditure on consLtllancy lo deliver Desperdle Joumeys. Office, administratDn and govemance cosls re £2,$00 n￿re than the previous year. Balance sheet Fixed assets represents one computer which Is now fulty depreciated. Total stock of hand￿raftS decreased from the previou5 ye8r al￿ thtsre L8 one signrfi¢ant (Jebtor to the Val￿ of £1,850. the bank balance at £27,531 is iwreased ty £8.436. Eesignated Funds increased ty £3,110, wrth Thj reconled exFeThdi(ure, and General Funts iwreased by £3,321. Funds The charity has two categories of furKb. Ger￿ra1 and De5ign8ted. ￿lenated Funds corBist of the LiVeli￿d EEvelopment Fund, to whl¢h IO% of tlE iwom& from simubtK)rB. fuFKlr8(8in4 and donatlons i8 transfwred to fund projects to alleviate p)verty and suffering. empathy Action Publlc 88nefft The Trustees confirm that they comply with their duty to have regard to the guidance on public benefit publish￿ by the Charity Commission in exercising their powers and duties. Approval Statsment IS fepo wa approved by the Trustees of the Charity l on behalf of th8 Truslees C. Crisp Cttarlty'8 Prlnelpal Addre88 15 Serpentine Road Sevenoaks Kent, TN13 3XR IDATEI •LL¥:2029- 01892 576 336 Yw.empathyaction.org contact@empathyaction.org EmpathyActlon CIO Independent Examiner's ReKx)rt on Ihe Ac¢ounts For th8 period ended I r8pDrt M thè a￿unta of th8 Chadtyfortho y8ar end￿ 31 Decgmber2023,whlth are sel outon pagai 9 to 13. Th&eh8rlW8 Irust005aro respOn￿tA0 f¢r th6 kYepar81Pon of tho art¥ullts. ThB charWstrUst¢escon￿d¢f Ihotan8udlt not reoulred forth18yearundfrr8eelbn 144121 of the ChBrfUe&Acl2011 Ilhe 2011W 8nO th&len Independont ex8mlnJtlon Is neoded. 1118 rny re8pon8lbllllyto.. examln&tho accounts undor 80(Ilon 145 of th• 2011kL' lo folbw th• procadurej la￿ down In ttje oeneral Dlrecalom glven by the Charfty Comm18aton undar ￿Gu0￿ 14615Xbl oftha 2011 Acl., and $181• ￿￿•th￿r partlcular m811ar8 hB¥a L¥)me to my fj118ntbn. Bed8 ollnd8p8nd•nt Eyamln•ts8thtamèm Nty Bxamlfjatlan out In 8cwr(14nce ￿1￿ tho #enorel D￿re￿Jong￿lYen tythe ChÈrWCtsMm￿$1tsrt. An e¥AmlDgllon Incl￿￿￿& rqvlewof the accoununi records kepl bytho chqillyfjThJ o coM￿￿80Th of t￿ •ccount prosenled wllh th059 record$.11 p150 I￿￿ude5 consldor&llon ol ODY unusual N8M80rd￿￿0S￿r6UIn th8 8ccoun￿ yeeklng explanBllongfromyou e$tFust?8seoncemlng any$uch maiiers.Th8 procedur8&undèrtsk•n do noisthth Bll Ihfj I￿￿10 bg requlred In gn end consaquontly rv) O￿nIon18 Bsto ¥Yhaihéi Ihe 8ttDunlS prownt u'lruo and fall ￿0￿, and the rewrtls Ilmltooto tM80 mottor58et ouiln the 8tatèmenibe￿w. Indynd•nt &¥AMh￿¢s3tatsrn•￿t lTreonn8Ctlon wtth my 8xam1n￿lon. no mtyttèFN hBV• wm• to ny4ttgnUon'. 111 whlch gfv•s ma to btsllgvg Ihul h any mNl•rlal rnspecl tho rwulromonts.. io koep 8￿n11ng record8 In 8CCOTd8nca wlth Seclknn 130 ofihe 2011 Ad; 8nd lo pmparo IhNI ￿th th• llccounllng rewrdg pr¥J mmplY￿1h the aCcwn￿r￿￿ requlr8mant801 thè 2011 All. havo nol b•oTh motr, or pi to whtrJF. In my ry)Inlon. Btt8nlkn Shou￿ bB drown In orthr ￿ •n4Ne o pmperundor61andlng ol e actounls lo bè reathed. •LL2b-2021 Ernpathy Action CIO nd8 Fund8 nd4 ndl Voluntary Income Activities for generating funds 4.224 14.513 15.310 1,612 1,498 16,125 16,808 T(tsl In¢x¥nkng R••wTrx• ' Cost of generating funds Fundraising trdding costs 3,572 1,556 1,556 Chaiitable aclivi1185 Simulation costs Desperate Joumeys t)onations 5,288 146 5,208 2,706 5.208 2,706 Total 5,434 7,914 7,914 1 Offre, adminislrallon and goveman( Inleyesl income 14,322 17 17.051 19 17,051 19 N•t Ino(mthW(OulSthO A•1￿1(￿* trth•Y•• 141578) 8,321 suo 481 N•t kn F￿nd1 frrftho J ' ￿nd• * l•tJwbU•y empathy Action Note 2022 2023 553 Current Assets Stock Prepayments Debtors Cash at bank and in hand 2,950 1.398 1,750 19,095 1.850 27,531 Total Flxed and Current A888ts 24,348 30.779 Current L18bllltle8 Credilols io 24,348 30.779 D881gnated Funds li 10,251 13.362 General Fund8 li 14,097 17.417 31st December 2023 } on behalf of the Trusloes •L25ts2021 01892 576 336 www.empathyaction.org contact@empathyaction.org Empathy Action CIO 1 AaoLwnthg P(4lJ ThE accowts of tre ctsrty been on of hotort¢ ¢ost in ￿OrdanCe with tIE s￿l￿￿ert of RecommeTh1ed Practsce ISORP 20051 with P£coUntI￿ StsnL*rd5 aThJ CtrAntie5 kt apk11cab￿ to smaler cr￿n￿e8. The CIO was f(¥med 16 2015. nd 8truotyr• G8n8ral Funds cornprise those funds wh￿h the Trustets have not dè$vJn8ted for any 5PgCTfK purpose. c*signated FurKls reLqt8 to Th& LWelih￿)d ￿610￿￿ent FUPNI whi¢h estatdisf*d ty Settl￿ agi(È IO% of i￿ame from th)rotior6 ar*J furnliaising for lurKI￿ kyojects to alleviate k¥Jverty ￿ sufferi Restricted FurKts comW￿￿ thc¢8 f￿1& frK which the fÈve s￿ffl8d a rAWe. l irKorne 15 re¢oEnoe¢ In t￿ Statemenr of FIna￿l￿ P¢iivrties ISOFAI wl*n Co￿￿'0r£ for recthpt have been Met and there L8 re8sorotAe 8ssurance of T8ceirL Wh8re a cLgim for rerwment of i￿1)Me been of will be made such I[￿0M8 Is gr055ed up for the ta¥ recoveratle. The fo]lowirg accounti￿ ￿liCieS are èprJie4 to chyferern ¢8tegohes of Income.. Gr•nts •nd Rw*•bb Grants and donations are recognised in Ihe SOFA when conditK)n8 for receipt have been complle(J wtth. Ch8rit8bla •xpendttur• Is cha￿ed to the Statsrnnt ol Fln8nckg1 ActIv￿1&S lorthè p•ibJd to which il re181es. ora kn lthd Grfts ki￿ are ￿¢(￿nted for ￿ a reasorntle esumate of their vath to tho chaffty or ￿n￿rrt &tu81ty reallsed. ()ft3 In kind for 6818 or ¢JlstnbJtion are 1r￿ILthd in the ¥counts as gifts onty when SO￿ or dl$tdbuted ty th9 chariry. &fts In kind for ty th ¢h8rMy 8re ItKlthkn1 In SOFA * Ir¢￿ing r¢swrc¢s wf*n receivaNe. Th88e are onty Incluc*d In ar￿C￿1ng ￿01￿Ce8 Iwith an equfva19rt ￿0Yrt In reJour¢es exkw￿edI W￿re th8 benafft to the chorty Is re850rwiYy r￿qnlrf￿t￿e, me8SWatAe ark1 m&ierW. Tts on t￿0 res0￿CeS Is the esiimsted vau6 to the charrty of the servlee ar f&llNv re¢ei¥ed. Li8bilitie$ are recognbed aj 45 there i8 a *gal or corstnK￿v6 Ot4Igotlcn COMM￿tIng the to Fey Out re60urce8. TWl•ft•d u TI￿Se are If tlw ¢an be f¢x more th8n star, aNI cc6t 8t least £500. Thty are vdued at ctst er A r￿onable v8lua on rectripL Thastr 8r• ¥￿L￿d at the lower of cc8t or mathet val￿. To fold surricient re5ervea for th& fcfeseeable fuiw•. Empathy Action CIO 2 Vduntrylnc(¥M Fund• Fund8 Fund• Fund• Donations Fundrdising 4.214 io 4.224 14.513 1.612 16,125 14.513 1.612 3 IWiffthqfvnd• Fund• FlJnd• Fund8 Fund• Simulations Handicrdft Sales 8,000 13,482 1.498 14,980 15,310 1.498 16808 1 Trttstees ￿eWed no remuneration during th8 year. TnBte8 ex1￿￿￿98 were reIMt￿rS9d for 8pproprkgte travel aThJ other excendf(ure. Jnd8 Fund• Jnd8 Fund• S AndJ•kn rf m•tyJn2• Cort rfG•n•nthi ￿nd* andicrafl sales Fundraising 3.538 33 3,5721 1,513 43 1,556 1,513 43 1,556 ChfAabl• Donations Sirnulalions t*skEr￿e Jourr 5,288 146 5,208 5,208 14.322 17 17.051 19 17,051 19 26502 1 Interest Income Ti*41 8 Stdfo(xts nuftkn• The CIO is supp)rted ty ¥￿UtrteetS and has ￿ emiloyees. There therefo￿ Th) ifxjivklvgl remunerat￿1 over £60,000. Empathy Action CIO F¢xed assets consist of computerE and communicalM)n equipment vh)ich is depreciated over an expected useful lrfe of 3 years. Op&￿￿￿ ariw boakv•lu• Acquislions Disposals Deprecialron Net b(x* valu• 1,106 553 553 553 553 There We￿ no Prepaymenls as at ye8rend. 9 D￿tAN• There was on& d8btor8s at yearend, West Byomwich Collegiate Acadèmy. 10 ¢XI There were no Creditors 88 al yearend. , 11 Fbnd• AndJ•l• Fund8 nd8 nd• nd• I 2023 Balance brought forward Total incoming ￿SOUrCeS Total resources expended Olhgr rgcogni59d Ilosse5ygains 29.926 17,733 23.311 14,096 29,823 26.502 10,252 3,110 24,348 32,933 26.502 Balance at 31 December Designated Funds relate lo tha Livelihood Developmgnl Fund. This has been established by selling a$lde part of the Income from slmulations. donations and fundrdiSing for funding propcts designed to 8118viale nnvArtV AnA AiiffArinn 12 IIAI*A p•1 No trw4tee has receNed any reMune￿lK)n or b9rfrt from the charfty. L8 p(•t vMIts