OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Company number: 09644561 Charity number: 1163214

RE:ACT Disaster Response Limited

Report and financial statements For the year ended 31 March 2022

RE:ACT Disaster Response Limited

Contents

For the year ended 31 March 2022

Reference and administrative information ...................................................................................... 1 Trustees’ annual report .................................................................................................................. 2 Independent auditor’s report ....................................................................................................... 18 Consolidated statement of financial activities (incorporating an income and expenditure account)…23 Balance sheets .............................................................................................................................. 24 Consolidated statement of cash flows ........................................................................................... 25 Notes to the financial statements ................................................................................................. 26

RE:ACT Disaster Response Limited

Reference and administrative information

For the year ended 31 March 2022

Company number 09644561 Country of incorporation United Kingdom Charity number 1163214 Country of registration England & Wales

Registered office and operational address Chilmark, Salisbury, SP3 5DU

Trustees Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows:

Sir Nick Parker Chair Audrey Fauvel (appointed 17 December 2020) Nick Fothergill Sara George Kate Holt Andrew Maclean Elizabeth Stileman Key management Toby Wicks Chief Executive (appointed 11 Oct 2021) personnel Ben Lampard Director of Operations Bridgette Jones Chief Financial Officer (appointed May 22) Jane Pound Chief People Officer (appointed Feb 22) Jade Rolph Director of Fundraising (appointed Apr 22) Chris Lyon Head of Tech & Innovation Bankers Barclays Bank 89 Charterhouse Street London, EC1M 6PE Solicitors Stone King LLP Boundary House 91 Charterhouse St London, EC1M 6HR Auditor Sayer Vincent LLP Chartered Accountants and Statutory Auditor Invicta House 108-114 Golden Lane LONDON EC1Y 0TL

1

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

The trustees present their report and the audited financial statements for the year ended 31 March 2022. Reference and administrative information set out on page three forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Chairs Statement

This has been another very dynamic year in the development of RE:ACT. We have transformed from our focus on the pandemic, now emphasising on sharpening and advocating our proposition, reintroducing training, strengthening our executive capability and building a sustainable financial model. The key events in the year have been the termination of our Covid 19 response after providing a staggering 14,500 volunteer days in hospitals, mortuaries, vaccination centres and helping local authorities distribute tests and check the vulnerable. We have restarted our domestic and international responders’ training courses, reaching into the large number of new volunteers who we have engaged during the pandemic. We have used the extraordinary success of our trading arm RE:SILIENT to cover our core costs for the immediate future. At the end of the reporting period we have responded to the Ukraine crisis, establishing two supply chains from UK into the Donbas region, and prepared for our largest response to date in support of the Commonwealth Games in Birmingham. The charity is in good shape; it is well placed to implement a dynamic and carefully focussed 3-year plan. Our contribution will optimise and magnify the effect of larger, slower, more risk-averse aid organisations by addressing the growing global humanitarian demand. We will deploy rapidly, build strong local relationships, assimilate information to understand and meet local needs and always cooperate and partner with local and international agencies.

Sir Nick Parker, Chairman.

CEO Statement

Since its establishment in 2015, RE:ACT’s strength has always been our ability to rapidly mobilise and deploy highly trained and specialist teams of Responders to help stabilise a situation. As humanitarian needs continue to grow more chronic and complex in nature, further impacted by the health and non-health related shocks of the Covid-19 pandemic, the humanitarian system is not keeping pace. Today, one in 33 people worldwide needs humanitarian assistance or protection, more than at any time since the Second World War. Change is happening, but not fast enough.

Our dual value proposition - harnessing continued service (purpose, community, identity) for disaster response for the hardest to reach – is more relevant today than even six years ago, when the organisation was conceived.

The last year has seen a period of great change and transformation for RE:ACT from which the charity has emerged financially more secure with positive reputations both in the UK domestic sphere and internationally. RE:ACT is now a major player in UK resilience, known for our speed of

2

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

response, our ability to take on demanding tasks, and the quality and leadership of our Responders and volunteers. The organisation has been extremely successful recruiting new volunteers throughout the pandemic thus enhancing the range of skillsets and experience RE:ACT can draw upon.

What we have learned and will take forward:

To be a true force multiplier and maximise our impact RE:ACT needs to invest in and manage partnerships more intentionally. Diversity and complementarity are essential elements for RE:ACT’s sustained success. A one-size-fits-all approach is not helpful in the complex reality and diverse contexts of humanitarian crises. Working with partners, we achieve a better response for the most vulnerable and hardest to reach people in need. Building structures, evolving approaches and on-the-ground adaptation require diversity, agility and specific lenses and expertise. We are resource constrained and we need to do more to make sure that the partners who support our success understand the fundamental value they bring.

RE:ACT is a people offer. We are not about competition, control or size. It is about collaboration, complementarity and learning, respecting identities and using each other’s strengths. The collaborative way of working entails that we learn from each other and push each other to improve quality and value for money and we recognise that we must ramp-up our engagement with RE:ACT Responders and volunteers who give so much and deserve the very best experience and that we unleash the full potential of such an outstanding pool of talent. Ultimately, RE:ACT is not about what we are but what we achieve in the eyes of the people in need, at local and global levels.

We keep improving and evolving. Learning ‘on-the-go’ is an intrinsic aspect of RE:ACT. This is great but we have our limits. We are continuously engaged in approach-testing processes, to improve the way we work and how we can make progress. We continuously review and adapt technical support, financial processes, capacity assessment, priorities, Responder selection and responses and we need to get even better at prioritising, making sure that “small asks” become much easier to execute.

Our forthcoming three year Strategy will ensure that RE:ACT is fit for purpose to provide rapid humanitarian action for those hardest to reach people affected by sudden-onset disasters and escalating emergencies. The scale of the challenge over the next decade calls on us to work with greater urgency and in partnership, acting as a catalyst for change on a much larger scale. The strategy moves RE:ACT further towards locally led responses and complex emergency work while keeping our humanitarian mandate at our core. We aim to become a leading example for humanitarian reform and a catalyst for localization, accountability, and community engagement. Ultimately, however, disaster response is a team effort that requires a diverse and energetic coalition of advocates and practitioners. RE:ACT is hard at work expanding that coalition and welcomes new voices from all corners.

Toby Wicks Chief Executive

3

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

Objectives and Activities

Purposes and aims

RE:ACT Disaster Response unites experienced military veterans with seasoned first responders and skilled civilians to rapidly deploy emergency response teams to disasters in the UK and overseas in order to immediately improve the quality of life of those affected.

The objects of the Charity are, for the public benefit:

RE:ACT Disaster Response raises awareness of its activities and raises funds to cover the costs of recruiting, training and deploying volunteers in line with its charitable objects.

4

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

Achievements and Performance

Public benefit

The trustees review the aims, objectives and activities of the charity each year. This report looks at achievements and outcomes during the reporting period. The trustees report on the success of each key activity, noting how RE:ACT Disaster Response’s operations have benefitted local populations.

The review helps trustees ensure the charity’s aims and activities remained focused on its stated objects.

The trustees have referred to the Charity Commission general guidance on public benefit when reviewing the charity’s aims and objectives and when planning future activities. In particular, the trustees consider how planned activities will contribute to the objectives that have been set.

How are activities deliver public benefit.

The main activities and who we helped during this reporting period are described below.

Op NOAH

Task: Delivering water purification training to members of Freetown City Council Disaster Risk Management Unit, Sierra Leone in February 2022.

Narrative: Instruction was delivered on two water purification devices, both from Noah Water Systems in Detroit, USA. The first is the ‘Trekker’ of which seven units were donated. This Unit weighs only 12kg and is thus portable and can be powered from a 12v battery, solar (via panels donated By RE:ACT) or from the ubiquitous motorbikes, ‘Okadas’ that are a common mode of transport around Freetown. One unit can produce 3.8 litres of safe drinking water per minute. The second unit (of which one was donated) is the ‘Nomad’. This is a larger system that comes in two custom built flight cases which have a combined weight of 250kg. It can be transported in the back of a pick-up truck and carried into position by the team once in closer proximity to a water source. The Nomad can produce 95 litres of safe drinking water per minute.

Impact: Freetown City Council now has an effective capability to provide clean drinking water to the people of the city when local sources are compromised. This will be of particular pertinence during the rains which are increasingly longer and of greater intensity than in previous years. RE:ACT are establishing a relationship with Noah Water Systems for the provision of spare parts and have set up a joint communications group to facilitate information sharing and ongoing advice.

5

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

Op ELEOS

Task: Situational awareness support and needs assessment during welfare visits to vulnerable Scottish and Southern Electric customers across the South West in Feb 2022.

Narrative: Storm Eunice was the worst storm to hit the central southern operating area in over 30 years when it battered the south of England on 18 February. Millions experienced severe disruption as record-breaking winds caused multiple deaths and injuries, huge structural damage, transport chaos and widespread power cuts. A third of the UK population (~20 million people) were told to stay at home as the Met Office imposed two rare red warnings for much of southern England, south Wales and London. The disruption closed thousands of schools and businesses, and left around 435,000 homes without power for over 72 hours. RE:ACT was asked by Scottish and Southern Electric to help reinforce their overstretched response teams and provide rapid welfare checks to their most vulnerable and rural customers on their Priority Services Register. Conditions for our teams were incredibly challenging as Eunice was sandwiched between Storms Dudley and Franklin: the first time that three named storms affected the UK within the space of a week, since the introduction of the storm naming system.

Impact: RE:ACT deployed 21 Responders across 5 locations over the course of 5 days; completing over 1100 welfare checks and delivering 100+ hot meals to the elderly.

“It’s been an absolute honour to work alongside RE:ACT Disaster Response over the last few days. They have been absolutely incredible in helping some of our most vulnerable customers during Storm Eunice. Their hard work and dedication has been so inspirational.” Emma Merritt, Lead Customer Relationship Manager South at Scottish & Southern Electricity Networks

6

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

Op SEACOLE

Task: Supporting frontline clinical staff by ensuring ambulances were safely decontaminated and quickly returned to service in South Wales throughout October and November 2021.

Narrative: After the British Army’s initial emergency support ended, Welsh Ambulance Service Trust turned to RE:ACT for reliable support to fill the gap at its pop-up ‘Make Ready’ sites – preparing, cleaning and restocking ambulances between shifts. Working in teams of two, RE:ACT volunteers undertook clinical deep cleaning (Level 3) duties on frontline Emergency Ambulances, used for Aerosol Generating Procedures (AGPs), such as cardiac arrests, which are associated with an increased risk of respiratory infections. The RE:ACT teams also assisted with routine cleaning (Level 2) and resupply of clinical consumables. The conditions were made extra challenging by the need to work in full respiratory protective equipment and PPE, but the volunteers worked diligently and improved efficiency, reducing reliance on frontline clinical staff and decreasing the amount of time ambulances were taken off the road

Impact: “This is a vital task for our frontline clinicians who are reliant on the RE:ACT team to ensure that the clinical environment is Covid secure and is compliant with Infection Prevention and Control standards. We are grateful for the flexibility and readiness provided by RE:ACT to support the Trust during this challenging time.” Judith Bryce, Head of Operational Support, Welsh Ambulance Services NHS Trust

7

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

Op ARAP

Task: Coordinating nationwide emergency aid distribution to meet the critical needs of evacuees from Afghanistan in August 2021.

Narrative: RE:ACT was requested to provide urgent support, and within 24 hours, the first RE:ACT volunteers were deployed to identify the most critical needs, as well as organise and coordinate the distribution of donated aid. Simultaneously, the RE:ACT Regional Champion for London oversaw the full management of 15 quarantine locations across London, as well as tracking the most urgent 24/7 requests from over 30 hotels. RE:ACT volunteers also supported quarantine and bridging hotels in Luton, Oxford and Leeds, where RE:ACT volunteers were the first people to welcome the evacuees as they were transferred to their quarantine hotel after an urgent request from the Home Office. RE:ACT also provided essential wellbeing and cultural support, including arranging urgent medical assistance, ensuring dietary requirements were met, and delivering welcome messages and toys from local communities.

Impact: During the six-week operation, 101 RE:ACT volunteers were deployed, directly assisting over 8,300 evacuees. RE:ACT also placed an experienced logistician with the Voluntary and Community Sector Emergencies Partnership (VCSEP) to develop an enduring national logistical capability for the voluntary sector, to ensure the timely and sustainable management of aid in the future.

“RE:ACT’s support has been both essential and invaluable in assisting the City Corporation to respond to an unprecedented challenge and, more importantly, helping the families we are hosting transition build new lives in this country.” Simon Cribbens, Assistant Director, Commissioning and Partnerships, City of London Corporation

8

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

Op SUSTAIN

Task: Implementing last-mile logistics support across the South West to enable FareShare South West to supply emergency food on multiple occasions throughout 2021 and 2022.

Narrative: Due to increased food poverty and insecurity as a result of Covid-19, food distribution charity FareShare South West experienced a 500% increase in demand amongst its network of Community Food Members. To keep up with demand, three distribution hubs were established in Bristol, and RE:ACT was asked to provide emergency logistical support at the main hub at Ashton Gate Stadium (AGS). Using the same approach in last-mile logistics as when on remote international deployments, RE:ACT quickly established and operated a temporary Emergency Collection Point (ECP) on behalf of FareShare South West, located at the British Red Cross regional office in Exeter, with bulk food distributed out of the AGS hub and organised into smaller collections – halving the travel time, reducing fuel costs and giving vital access to food to local charities and organisations supporting the most vulnerable in their communities.

Impact: “RE:ACT has provided FareShare South West with invaluable support to our emergency Covid-19 operation. The set-up of the Emergency Collection Point in Exeter has been a game changer for our emergency operation to reach more charities and vulnerable people living in Devon and Cornwall.” Lucy Bearn, Emergency Logistics Project Manager, FareShare South West.

“We called on RE:ACT to support FareShare South West during a pinch point in our operations in November. Having worked with RE:ACT during the first lockdown, we knew they’d be the perfect people to help us continue our operation at this crucial time. Before we knew it, they were at the warehouse and ready to get stuck in. Their support meant our services could continue as normal – ensuring vulnerable people in the South West still received vital food.” Sophie Pike, Warehouse Manager, FareShare South West

9

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

Op RE:ACT

Task: RE:ACT drew to a close its 15-month emergency response to Covid in June 2021, ending its longest continuous operation to date.

Narrative: During the peak of the Covid crisis, RE:ACT volunteers supported temporary mortuaries to help manage excess deaths. RE:ACT teams also supported several hospital Covid Red Zone wards and Critical Care Units to help care for the most seriously ill patients, supporting nursing staff by conducting non-clinical duties, including proning (patient turning to expand the lungs). Over the course of Op RE:ACT, over 8,500 additional volunteers were recruited to bolster RE:ACT’s response, the majority of them veterans, and a total of 1,268 individual RE:ACT volunteers were deployed, many of them on multiple occasions. On its busiest single operational day, 314 RE:ACT volunteers were deployed – by far the largest deployment in its history. When Op RE:ACT finished on Friday 18 June 2021, it ended 449 consecutive days on operation.

Impact: RE:ACT’s support includes to 61 NHS hospitals, 16 NHS vaccination sites, 20 mortuaries and 21 Covid testing sites, helping with a range of tasks, including strategic planning and coordination, large-scale logistics and rapid volunteer mobilisation to plug critical gaps, often taking on demanding and sensitive tasks.

“The pace and willingness of RE:ACT to step up and quickly mobilise in response to ongoing needs during Covid-19 has been a real plus to the Emergencies Partnership. RE:ACT has delivered invaluable support and made a significant contribution to the effectiveness of our response.” Jehangir Malik, Director, Voluntary and Community Sector Emergencies Partnership

10

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

Op UXO EXETER

Task: Emergency mass evacuation support of 2600 residents after the discovery of an unexploded WW2 bomb in a heavily populated residential area in Exeter, Feb/Mar 2021.

Narrative: This operation saw a significant multi-agency response over three days, in which 2600 households were evacuated, a 400m cordon maintained, and the safe detonation of a WW2 bomb. The safety of local residents as well as those responding to the incident was absolutely paramount. Given the size of the cordon, it would have been extremely challenging for the police and statutory agencies to manage the evacuation and security of the cordon alone.

Impact: RE-ACT volunteers played a key role in ensuring that the operation was conducted safely. The operation involved volunteers mustering at short notice and working as part of multi-agency teams to ensure that residents were safely evacuated.

“Thank you for the exceptional support that your team recently provided to Devon and Cornwall Police following the location of an unexploded World War 2 bomb in Exeter. At a time of community need, RE:ACT Responders played a key role in keeping people safe. On behalf of Devon and Cornwall Police, I would like to formally recognise the work of your team and say thank you.” Dan Evans Chief Superintendent BCU Commander, NEW Devon

Training

RE:ACT is founded on the ability to deliver highly skilled and experienced people, at speed, to areas where there is great need. We have a small central team, but the greatest asset we have is our network of Volunteers and Responders. These are very often military or emergency service veterans, who we have trained for humanitarian operations.

11

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

In this financial year, 5 Domestic Responder Courses & 2 International Responder Courses were delivered, training a total of 178 Volunteers.

Volunteers

Our RE:ACT Volunteers, go above and beyond to support the delivery of our charitable objectives, and in this reporting period donated an incredible:

11,968 HOURS

We are so very grateful for their continued support.

Financial Review

Income for the group was a total of £12,015,156, which included a total of £11,512,771 from trading contracts, and income from donations and legacies was lower by £977k. All the contracts creating this income were completed by 31.03.22. The future development of further projects and contracts to create a trading profit to support the objectives of the charity remains a focus in the new strategic plan. This will reduce the reliance on charitable fundraising to cover core costs and therefore a more focussed approach on directly allocating charitable funds to humanitarian causes.

Expenditure for the group was a total of £10,338,682 and included £8,990,176 of expenditure in delivering the trading subsidiary contracts.

The group surplus was £1,676,474 for this reporting period, and all profits from the trading subsidiary will be gift aided to the parent charity.

The Balance Sheet has total funds of £3,435,273 and therefore has funds available to develop and deliver its new strategic plans out to March 2025.

RE:ACT is grateful to all its donors and supporters, including the receipt of pro-bono services and goods, for example, reduced flight costs, technical communications equipment and services, strategic consultancy, and legal advice. Those costs that we would expect to incur as part of the normal charity activities are included in the accounts.

Principal Risks and Uncertainties

The Senior leadership team and Trustee Board have developed a risk register, which is reviewed at every Board meeting, and the risks updated accordingly. Appropriate, systems and procedures are developed to mitigate the risks which the charity faces.

12

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

Principal Risks identified are:

Unrestricted funding remains a risk and therefore a strategic focus. The charity has a new fundraising Director and a strategic plan to develop the trading subsidiary to support with tax free gift-aid donations to the charity, support sustainability.

Reliance on our Volunteers to deliver our operational capability, remains a challenge to ensure we have the right volunteers trained with the right skills to deliver our humanitarian strategic aims.

Reputational risk is mitigated by constant reinforcement of our values, proper assessment of the key areas of risk and strong communications. The charity takes safeguarding and the welfare of our team of staff and volunteers very seriously.

Reserves Policy

The RE:ACT Disaster Response policy is to target a level of reserves that represents six months’ core operating costs, and an amount for working capital. This amounts to £750k + £200k =£950k

At the end of March 2022, the Charity had consolidated total funds of £3,435,273 of which £3,207,116 was unrestricted. Free reserves (being unrestricted funds, less any designated funds set aside for essential future spending, less the net book value of fixed assets) were £3,182,854. This includes the reserves held by the Charity’s trading subsidiary. Subsequent to the year-end, RE:SILIENT donated all of its profits for the period ended 31 March 2022 to the Charity.

Future Plans

Since its establishment in 2015, RE:ACT’s strength has always been our ability to rapidly mobilise and deploy highly trained and specialist teams of Responders to help stabilise a situation.

As humanitarian needs continue to grow more chronic and complex in nature, further impacted by the health and non-health related shocks of the Covid-19 pandemic, the humanitarian system is not keeping pace. Today, one in 33 people worldwide needs humanitarian assistance or protection, more than at any time since the Second World War. Change is happening, but not fast enough.

The last two years has seen a period of great change and transformation for RE:ACT from which the charity has emerged financially secure with positive reputations both in the UK domestic sphere and internationally. RE:ACT is now a major player in UK resilience, known for our speed of response, our ability to take on demanding tasks, and the quality and leadership of our Responders and volunteers.

13

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

The aim of the 2022-2025 Strategy is to ensure that RE:ACT is fit for purpose to provide rapid humanitarian action for those hardest to reach people affected by sudden-onset disasters and escalating emergencies. The scale of the challenge calls on us to work with greater urgency and in partnership, acting as a catalyst for change on a much larger scale. The strategy moves RE:ACT further towards locally led responses and complex emergency work while keeping our humanitarian mandate at our core. We aim to become a leading example for humanitarian reform and a catalyst for operationalising localisation, accountability, and community engagement.

Our triple value proposition - harnessing continued service (purpose, community, identity) for rapid disaster response for the hardest to reach, whilst maximising the value of every pound – is more relevant today than even six years ago, when the organisation was conceived. To be able to serve effectively, RE:ACT must continue to learn what vulnerable populations (and those serving them) need most. “Rapid humanitarian action for those hardest to reach” is generic by design to deliver accountability to affected populations with agility.

Ultimately, disaster response is a team effort that requires a diverse and energetic coalition of advocates and practitioners. RE:ACT is hard at work expanding that coalition and welcomes new voices from all corners.

Fundraising

The charity is developing a new strategy for income generation of which fundraising is significant. This is supported by a new a new professional team, enabling the continuation of the Charities humanitarian response. The fundraising pipeline is under constant review and development, and wider engagement to publicise of charitable objectives and gain the trust of new donors, and corporate partners. The Charity also continues, through the trading subsidiary to gift aid it’s profits to the parent charity, therefore supporting the delivery of the charitable objectives.

RE:ACT Disaster Response is registered with the Fundraising Regulator and we have a professional team whom are members of the Institute for Fundraising. RE:ACT complies with the codes of operation with no breaches during this reporting period.

RE:ACT Disaster Response has a Complaints Register and no complaints have been received during this reporting period.

14

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

Structure, Governance and Management

RE:ACT Disaster Response is a charitable company limited by guarantee, incorporated on 17 June 2015 and registered as a charity on 19 August 2015.

The company was established under a memorandum of association, which established the objects and powers of the charitable company and is governed under its articles of association.

All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in Note 7 to the accounts.

Day-to-day operations are delegated to the Chief Executive and the Senior Management Team. Trustees meet at least four times a year and provide strategic direction and governance oversight. All new trustees are provided with an induction pack, which includes the charity's Memorandum of Association, a statement of trustee roles and responsibilities, conflict of interest policy and relevant guidance from the Charity Commission. The Chair meets with each new trustee individually and a programme of support and training is available for new trustees.

RE:ACT owns 100% of the share of RE:SILIENT Response Ltd. RE:SILIENT is a limited company, registered in England & Wales, and was incorporated on 28th August 2018 as Perdix International Ltd. In 2020, the name was changed to RE:SILIENT Response Ltd, and the company started to trade.

Appointment of Trustees

The board of RE:ACT Disaster Response selects trustees based on their skills and experience to ensure that there is a good professional and cultural fit.

Related Parties and Relationships with other Organisations

Early in the year to March 2021, RE:ACT Disaster Response left the Team Rubicon network and we are now an independent group, operating under the RE:ACT Disaster Response brand.

Two of RE:ACT Disaster Response’s trustees (including the Chair) also previously served as trustees on the Team Rubicon Global Board.

Remuneration Policy for Key Management Personnel

To be effective, RE:ACT Disaster Response must attract and retain the right staff and reward good work. The Remuneration Committee recommends pay rates to the board and sets the Chief Executive’s remuneration, with other key management salaries set by the Chief Executive in conjunction with the board, taking account of remuneration for similar roles within the sector. The board reviews remuneration annually as part of the annual budgeting process.

15

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

Statement of Responsibilities of the Trustees

The trustees (who are also directors of RE:ACT Disaster Response for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, giving a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that 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 charitable company and taking reasonable steps to prevent and detect fraud and other irregularities.

Insofar as the trustees are aware, there is no relevant audit information of which the charitable company’s auditor is unaware. The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees as of 31 March 2022 was 7 (2021 – 9). The trustees are members of the charity, but this only entitles them to voting rights. The trustees have no beneficial interest in the charity.

16

RE:ACT Disaster Response Limited

Trustees’ annual report

For the year ended 31 March 2022

Auditor

Sayer Vincent LLP was re-appointed as the charitable company's auditor during the year and has expressed its willingness to act in that capacity.

The directors’ annual report has been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.

The trustees’ annual report was approved by the trustees on 8 November 2022 and signed on their behalf by

Sir Nick Parker Chair

17

Independent auditor’s report

To the members of

RE:ACT Disaster Response Limited

Opinion

We have audited the financial statements of RE:ACT Disaster Response (the ‘parent charitable company’) and its subsidiary (the ‘group’) for the year ended 31 March 2022 which comprise the consolidated statement of financial activities, the group and parent charitable company balance sheets, the consolidated statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the group financial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on RE:ACT Disaster Response’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

18

Independent auditor’s report

To the members of

RE:ACT Disaster Response Limited

Other Information

The other information comprises the information included in the trustees’ annual report, other than the group financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the group financial statements does not cover the other information, and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the group financial statements or our knowledge obtained in the course of 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 this gives rise to a material misstatement in the group financial statements themselves. 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:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and Charities Act 2011 requires us to report to you if, in our opinion:

19

Independent auditor’s report

To the members of

RE:ACT Disaster Response Limited

Responsibilities of trustees

As explained more fully in the statement of trustees’ responsibilities set out in the trustees’ annual report, the trustees (who are also the directors of the parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the group’s and the parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or the parent charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed auditor under the Companies Act 2006 and section 151 of the Charites Act 2011 and report in accordance with those Acts.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) 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 misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.

Capability of the audit in detecting irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

20

Independent auditor’s report

To the members of

RE:ACT Disaster Response Limited

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

21

Independent auditor’s report

To the members of

RE:ACT Disaster Response Limited

Use of our report

This report is made solely to the charitable company's members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and section 144 of the Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Joanna Pittman (Senior statutory auditor)

18 November 2022

for and on behalf of Sayer Vincent LLP, Statutory Auditor Invicta House, 108-114 Golden Lane, LONDON, EC1Y 0TL

Sayer Vincent LLP is eligible to act as auditor in terms of section 1212 of the Companies Act 2006

22

RE:ACT Disaster Response Limited

Consolidated statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 March 2022

Unrestricted
£
62,959
259,586
11,512,771
403		 Restricted
£
179,437
-
-
-		 2022
Total
£
242,396
259,586
11,512,771
403		 Unrestricted
£
633,465
793,767
6,076,189
250		 Restricted
£
586,016
-
-
-		 2021
Total
£
1,219,481
793,767
6,076,189
250
11,835,719 179,437 12,015,156 7,503,671 586,016 8,089,687
523,880
8,716,988
407,579
159,267
249,326		 -
-
8,454
-
273,188		 523,880
8,716,988
416,033
159,267
522,514		 253,383
5,036,647
518,089
144,827
139,035		 -
-
118,376
-
183,007		 253,383
5,036,647
636,465
144,827
322,042
10,057,040 281,642 10,338,682 6,091,981 301,383 6,393,364
1,778,679
-		 (102,205)
-		 1,676,474
-		 1,411,690
-		 284,633
-		 1,696,323
-
1,778,679 (102,205) 1,676,474 1,411,690 284,633 1,696,323
(102,205)
330,362		 1,676,474
1,758,799		 1,411,690
16,747		 284,633
45,729		 1,696,323
62,476

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 18 to the financial statements.

23

RE:ACT Disaster Response Limited

Company no. 09644561

Consolidated and Charity Balance Sheets

As at 31 March 2022

As at 31 March 2022
Consolidated and Charity Balance Sheets		 Company no. 09644561 Company no. 09644561
Note
Fixed assets:
11
12
Current assets:
14
Liabilities:
15
17a, b
Total unrestricted funds
Total funds
Investments
Cash at bank and in hand
Tangible assets
General funds
Non-charitable subsidiary funds
Creditors: amounts falling due within one year
Net current assets
Total net assets
Total assets less current liabilities
Debtors
Funds:
Restricted income funds
Unrestricted income funds:		 2022
2021
£
£
24,262
21,790
-
-
24,262
21,790
960,948
1,459,183
2,949,564
2,061,232
3,910,512
3,520,415
(499,501)
(1,783,406)
3,411,011
1,737,009
3,435,273
1,758,799
3,435,273
1,758,799
228,157
330,362
1,050,883
440,730
2,156,233
987,707
3,207,116
1,428,437
3,435,273
1,758,799
The group		 2022
2021
£
£
19,261
18,647
2
2
19,263
18,649
391,774
292,802
1,105,894
752,493
1,497,668
1,045,295
(236,082)
(292,852)
1,261,586
752,443
1,280,850
771,092
1,280,850
771,092
228,157
330,362
1,052,693
440,730
-
-
1,052,693
440,730
1,280,850
771,092
The charity
24,262
960,948
2,949,564		 21,790
1,459,183
2,061,232		 19,263
391,774
1,105,894		 18,649
292,802
752,493
3,910,512
(499,501)		 3,520,415
(1,783,406)		 1,497,668
(236,082)		 1,045,295
(292,852)
3,411,011 1,737,009 1,261,586 752,443
3,435,273 1,758,799 1,280,850 771,092
3,435,273 1,758,799 1,280,850 771,092
228,157
1,050,883
2,156,233		 330,362
440,730
987,707		 228,157
1,052,693
-		 330,362
440,730
-
3,207,116 1,428,437 1,052,693 440,730
3,435,273 1,758,799 1,280,850 771,092

Approved by the trustees on 8 November 2022 and signed on their behalf by

Sir Nick Parker Chair

24

RE:ACT Disaster Response Limited

Consolidated statement of cash flows

For the year ended 31 March 2022

For the year ended 31 March 2022 For the year ended 31 March 2022 For the year ended 31 March 2022
Note
£
£
1,676,474
(as per the statement of financial activities)
Depreciation charges
13,237
Losses on exchange rates
-
Dividends, interest and rent from investments
(403)
Loss on the disposal of fixed assets
7,367
(Increase)/decrease in debtors
498,229
Increase/(decrease) in creditors
(1,173,905)
Net cash provided by / (used in) operating activities
1,020,998
403
15,960
(39,029)
-
(22,666)
-
(110,000)
-
-
888,332
2,061,232
-
a
2,949,564
At 1 April 2021
Cash flows
£
£
Cash at bank and in hand
2,061,232
888,332
a
Total cash and cash equivalents
2,061,232
888,332
Loans falling due within one year
110,000
(110,000)
Loans falling due after more than one year
-
-
Finance lease obligations
-
-
Total
110,000
(110,000)
Change in cash and cash equivalents due to
exchange rate movements
2022
Analysis of cash and cash equivalents and of net debt
Repayments of borrowing
Cash inflows from new borrowing
Cash flows from operating activities
Cash flows from financing activities:
Net cash (used in) / provided by investing activities
Cash flows from investing activities:
Dividends, interest and rents from investments
Proceeds from the sale of fixed assets
Purchase of fixed assets
Proceeds from sale of investments
Cash and cash equivalents at the beginning of the
year
Cash and cash equivalents at the end of the year
Net cash (used in) financing activities
Change in cash and cash equivalents in the year		 £
£
1,696,323
16,261
344
(250)
1,195
(1,406,811)
1,650,564
1,957,626
250
700
(14,311)
-
(13,361)
(90,000)
50,000
(40,000)
1,904,265
157,311
(344)
2,061,232
Other non-
cash changes
At 31 March
2022
£
£
-
2,949,564
-
2,949,564
-
-
-
-
-
-
-
-
2021
1,020,998
(22,666)
(110,000)
-		 1,957,626
(13,361)
(40,000)
-
-		 (90,000)
50,000
At 1 April 2021
£
2,061,232		 Other non-
cash changes
£
-
888,332
2,061,232
-		 1,904,265
157,311
(344)
2,949,564 2,061,232
Cash flows
£
888,332		 At 31 March
2022
£
2,949,564
2,061,232 888,332 - 2,949,564
110,000
-
-		 (110,000)
-
-		 -
-
-		 -
-
-
110,000 (110,000) - -

25

RE:ACT Disaster Response Limited

Notes to the financial statements

For the year ended 31 March 2022

a) Statutory information

The financial statements have been prepared in accordance with Accounting 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 (FRS 102) - (Charities SORP FRS 102), The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006/Charities Act 2011.

These financial statements consolidate the results of the charity and its wholly-owned subsidiary RE:SILIENT Response Ltd on a line by line basis. Transactions and balances between the charity and its subsidiary have been eliminated from the consolidated financial statements. Balances between the two entities are disclosed in the notes of the charity's balance sheet. A separate statement of financial activities, or income and expenditure account, for the charity itself is not presented (because the charity has taken advantage of the exemptions afforded by section 408 of the Companies Act 2006).

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

In applying the financial reporting framework, the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. 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. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.

c) Public benefit entity

The charity meets the definition of a public benefit entity under FRS 102.

d) Going concern

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

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

26

RE:ACT Disaster Response Limited

Notes to the financial statements

For the year ended 31 March 2022

1 Accounting policies (continued)

f) Donations of gifts, services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

g) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

h) Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

i) Expenditure and irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

j) Allocation of support costs

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on the following basis which are an estimate, based on staff time, of the amount attributable to each activity.

Cost of raising funds 19.00%
Operations 46.00%
Volunteer training 11.00%
Membership 24.00%

Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity’s activities.

27

RE:ACT Disaster Response Limited

Notes to the financial statements

For the year ended 31 March 2022

k) Tangible fixed assets

Items of equipment are capitalised where the purchase price exceeds £250. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use.

Where fixed assets have been revalued, any excess between the revalued amount and the historic cost of the asset will be shown as a revaluation reserve in the balance sheet.

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Computer equipment 4 years
Motor vehicles 4 years
Fixtures and fittings 4 years
Plant and machinery 4 years

l) Investments in subsidiaries

Investments in subsidiaries are held at cost.

m) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

n) Short term deposits

Short term deposits includes cash balances that are invested in accounts with a maturity date of between 3 and 12 months.

o) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

p) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

q) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of loans which are subsequently measured at amortised cost using the effective interest method.

r) Pensions

The group operates defined contribution pension schemes. The assets of the schemes are held separately from each other and from the those of the charitable company and its subsidiary, in independently administered funds. The pension cost charge represents contributions payable under the schemes.

The charitable company has no liability under the scheme other than for the payment of those contributions.

28

RE:ACT Disaster Response Limited

Notes to the financial statements

For the year ended 31 March 2022

The trustees do not consider that there are any sources of estimate uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Grants
Donations		 Unrestricted
£
-
62,959		 £
129,918
49,519
Restricted		 2022
Total
£
129,918
112,478		 Unrestricted
£
68,000
565,465		 £
33,000
553,016
Restricted		 2021
Total
£
101,000
1,118,481
62,959 179,437 242,396 633,465 586,016 1,219,481
Unrestricted
£
Charitable operations
259,586
259,586
Unrestricted
£
Trading Activities
11,512,771
11,512,771
Income from other trading activities
Total income from
charitable activities		 Unrestricted
£
259,586		 £
-
Restricted		 2022
Total
£
259,586		 Unrestricted
£
793,767		 £
-
Restricted		 2021
Total
£
793,767
259,586 - 259,586 793,767 - 793,767
£
-
Restricted		 2022
Total
£
11,512,771		 Unrestricted
£
6,076,189		 £
-
Restricted		 2021
Total
£
6,076,189
11,512,771 - 11,512,771 6,076,189 - 6,076,189

29

RE:ACT Disaster Response Limited

Notes to the financial statements

For the year ended 31 March 2022

5a Analysis of expenditure (current year)

Charity
Trading
activities
£
£
Staff costs (Note 7)
213,527
1,669,493
Other staff costs
47,030
29,548
Project costs
18,774
6,728,527
Direct fundraising costs
72,298
-
Support costs:
Consultancy
122,084
245,123
Depreciation
2,240
1,301
Facilities & Technology
25,519
27,197
Insurance
7,081
141,850
Legal and professional fees
-
141,313
Travel
-
5,825
Loss on disposal of fixed assets
-
-
508,553
8,990,176
Governance costs
15,327
-
Total expenditure 2022
523,880
8,990,176
Total expenditure 2021
253,383
5,036,647
Fundraising		 Charitable activities Charitable activities Charitable activities Governance
costs
£
50,440
-
-
-
-
527
697
1,737
33,372
-
-
86,774
(86,774)
-
-		 2022 Total
2021
Total
£
£
2,449,927
1,007,447
76,578
5,784
6,835,199
4,890,969
72,298
-
367,207
-
13,229
16,261
154,108
236,984
184,821
124,924
174,685
101,243
10,630
8,557
-
1,195
10,338,682
6,393,364
-
-
10,338,682
6,393,364
Operations
£
266,546
-
66,717
-
-
6,843
5,008
22,908
-
4,805
-
372,827
43,205
416,033
636,465		 Training
£
115,531
-
21,182
-
-
1,318
8,311
4,165
-
-
-
150,506
8,761
159,267
144,827		 Membership
£
134,390
-
-
-
-
999
87,376
7,081
-
-
-
229,846
19,481
249,326
322,042

30

RE:ACT Disaster Response Limited

Notes to the financial statements

For the year ended 31 March 2022

5b Analysis of expenditure (prior year)

Staff costs (Note 7)
Other staff costs
Project costs
Direct fundraising costs
Support costs:
Consultancy
Depreciation
Facilities & Technology
Insurance
Legal and professional fees
Travel
Loss on disposal of fixed assets
Governance costs
Total expenditure 2021		 Fundraising Fundraising Charitable activities Charitable activities Charitable activities Governance
costs
2021 Total
£
£
40,640
1,007,448
-
5,784
197
4,890,969
-
-
-
-
647
16,261
1,391
236,984
2,135
124,924
14,934
101,243
-
8,557
-
1,195
59,943
6,393,364
(59,943)
-
-
6,393,364
Charity
£
172,040
-
561
-
-
2,752
27,170
8,703
30,922
-
-
 Trading
activities
£
378,647
5,255
4,536,533
-
-
74
7,596
73,644
33,516
1,382
-
 Operations
£
214,758
529
339,777
-
-
8,417
9,988
26,620
-
7,175
1,195		 Volunteer
training
£
93,084
-
137
-
-
1,619
16,575
5,119
21,871
-
-		 Membership
£
108,279
-
13,764
-
-
2,752
174,264
8,703
-
-
-
242,148
11,235		 5,036,647
-		 608,459
28,006		 138,405
6,422		 307,762
14,280
253,383 5,036,647 636,465 144,827 322,042

31

RE:ACT Disaster Response Limited

Notes to the financial statements

For the year ended 31 March 2022

6 Net income / (expenditure) for the year

This is stated after charging / (crediting):

This is stated after charging / (crediting):
2022 2021
£ £
Depreciation 13,237 16,261
Loss on disposal of fixed assets 12,706 1,195
Operating lease rentals:
Property 48,740 58,134
Auditor's remuneration (excluding VAT): - -
Audit of the Charity and the Group 8,300 7,950
Audit of subsidiary 5,000 4,750
Foreign exchange gains or losses - 344

Staff costs were as follows:

Staff costs were as follows:
Social security costs
Salaries and wages
Redundancy and termination costs
Employer’s contribution to defined contribution pension schemes		 2022
£
2,217,407
-
186,029
46,490		 2021
£
896,461
-
76,639
34,347
2,449,926 1,007,447

The following number of employees received employee benefits (excluding employer pension costs and employer's national insurance) during the year between:

national insurance) during the year between:
2022 2021
No. No.
£60,000 - £69,999 1 1
£70,000 - £79,999 - -
£80,000 - £89,999 2 -
£90,000 - £99,999 2 1
£100,000 - £109,999 1 -

The total employee benefits (including pension contributions and employer's national insurance) of the key management personnel of the group and of charity were £264,596 (2021: £247,801).

The charity trustees were neither paid nor received any other benefits from employment with the charity in the year (2022: £0). No charity trustee received payment for professional or other services supplied to the charity (2022: £0).

Trustees' expenses represents the payment or reimbursement of travel and subsistence costs totalling £0 (2021: £2,732) incurred by 0 (2021: 2) members relating to attendance at meetings of the trustees or active operational tasks for RE:ACT.

8 Staff numbers

The average number of employees of the charity (head count based on number of staff employed) during the year was 24 (2021: 13). The average for the group was 183 (2021:23).

9 Related party transactions

On 15 May 2020 the Board of RE:ACT Disaster Response formally terminated its connection with Team Rubicon Global and Team Rubicon USA. The departure from the TRG network culminated in a payment from TRUSA of $200,000 during the year.

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

32

RE:ACT Disaster Response Limited

Notes to the financial statements

For the year ended 31 March 2022

10 Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. The charity's trading subsidiary RE:SILIENT Response Ltd distributes under Gift Aid available profits to the parent charity. Its charge to corporation tax in the year was:

2022 2021
£ £
UK corporation tax at 19% - -
11
Charge for the year
At the start of the year
Net book value
Disposals in year
The group
The charity
Cost or valuation
Depreciation
Tangible fixed assets
At the start of the year
Additions in year
At the start of the year
Additions in year
Disposals in year
At the end of the year
At the start of the year
Eliminated on disposal
At the end of the year
At the end of the year
At the start of the year
At the end of the year
Cost
Depreciation
At the start of the year
Charge for the year
Eliminated on disposal
At the end of the year
Net book value
At the end of the year		 Plant and
Machinery
£
4,109
28,857
(22,900)		 Motor
Vehicles
£
13,805
-
-		 Fixtures and
Fittings
£
5,406
-
-		 Computer
Equipment
£
62,790
10,171
(427)		 Total
£
86,110
39,029
(23,327)
10,066 13,805 5,406 72,534 101,811
3,514
1,340
-		 10,568
3,237
-		 4,375
863
-		 45,863
7,790
-		 64,320
13,230
-
4,854 13,805 5,238 53,653 77,550
5,213 168 18,881 24,262
595 3,237 1,031 16,927 21,790
Plant and
Machinery
£
4,109
5,957
-		 Motor
Vehicles
£
13,805
-
-		 Fixtures and
Fittings
£
5,406
-
-		 Computer
Equipment
£
59,573
6,585
-		 Total
£
82,893
12,542
-
10,066 13,805 5,406 66,158 95,435
3,514
1,340
-		 10,568
3,237
-		 4,375
863
-		 45,789
6,489
-		 64,246
11,928
-
4,854 13,805 5,238 52,278 76,174
5,213 168 13,880 19,261
595 3,237 1,031 13,784 18,647

All of the above assets are used for charitable purposes.

33

RE:ACT Disaster Response Limited

Notes to the financial statements

For the year ended 31 March 2022

12 Trading subsidiary company

The charity owns the whole of the issued ordinary share capital of RE:SILIENT Response Ltd, a company registered in England. The company number is 11539755. The registered office address is Chilmark, Salisbury, SP3 5DU. The investment is carried at cost of £2 (2021: £2).

RE:SILIENT Response Ltd is used for non-primary purpose trading activities. RE:SILIENT Response Ltd was incorporated on 28th August 2018 and commenced trading in September 2020. All activities have been consolidated on a line by line basis in the statement of financial activities. All taxable profits are expected to be distributed under Gift Aid to the parent charity.

A summary of the results of the subsidiary is shown below:

A summary of the results of the subsidiary is shown below:
Cost recharges payable to parent undertaking
Retained earnings
Total retained earnings brought forward
Profit / (loss) for the financial year
Total retained earnings carried forward
The aggregate of the assets, liabilities and reserves was:
Assets
Liabilities
Reserves
Distribution of Profits
Turnover
Cost of sales
Profit / (loss) for the financial year
Taxation on profit on ordinary activities
Profit / (loss) on ordinary activities before taxation
Profit/(loss) on ordinary activities before interest and taxation
Interest receivable and similar income
Gross profit/(loss)
Administrative expenses		 2022
£
11,512,771
(8,175,751)		 2021
£
6,076,189
(4,809,458)
3,337,020
(1,018,897)
-		 1,266,731
(226,845)
(52,182)
2,318,123
403		 987,704
3
2,318,526
-		 987,707
-
2,318,526 987,707
987,707
2,318,526
(1,150,000)
2,156,233		 -
987,707
987,707
2,461,480
(305,245)		 2,501,789
(1,514,080)
2,156,235 987,709

Amounts owed to/from the parent undertaking are shown in note 14.

34

RE:ACT Disaster Response Limited

Notes to the financial statements

For the year ended 31 March 2022

13 Parent charity

The parent charity's gross income and the results for the year are disclosed as follows:

PayPal debtor
Gross income
Result for the year
Accrued income
Debtors
Trade debtors
Other debtors
Prepayments
Amounts due from group undertakings		 2022
2021
£
£
802,956
789,290
6,000
15,848
3,356
34,990
-
-
91,545
53,200
57,092
565,855
960,948
1,459,183
The group		 2022
2021
£
£
802,956
789,290
6,000
15,848
3,356
34,990
-
-
91,545
53,200
57,092
565,855
960,948
1,459,183
The group		 2022
£
1,767,883
566,227		 2021
£
2,065,678
708,617
960,948 1,459,183 391,774 292,802

14 Debtors

15 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Bank loans
VAT
Other creditors
Accruals
Taxation and social security
Other loans
Trade creditors		 2022
2021
£
£
-
50,000
-
60,000
104,013
-
121,839
823,513
34,334
40,019
15,203
202,161
224,113
607,713
499,501
1,783,406
The group		 2022
2021
£
£
-
50,000
-
60,000
83,670
-
21,190
66,790
19,038
15,770
13,947
5,300
98,237
94,992
236,082
292,852
The charity
499,501 1,783,406 236,082 292,852

Bank loans totalling £0 (2021: £50,000) are under the Government Bounce Back Loan scheme and are unsecured.

35

RE:ACT Disaster Response Limited

Notes to the financial statements

For the year ended 31 March 2022

17a
17b
18a
At 1 April
2021
Income &
gains
£
£
Restricted funds:
13,369
24,622
-
129,918
-
14,897
-
10,000
316,993
-
Total restricted funds
330,362
179,437
General funds
440,730
322,545
440,730
322,545
-
-
987,707
11,513,174
1,758,799
12,015,156
EMSO - RRF
Non-charitable subsidiary funds
Total funds
Unrestricted funds:
Analysis of group net assets between funds (prior year)
Rapid Response Fund
Ukraine Donation - PepsiCo
Membership
Movements in funds (current year)
Operations
Net assets at 31 March 2022
Tangible fixed assets
Analysis of group net assets between funds (current year)
Net current assets
Tangible fixed assets
Net current assets
Total unrestricted funds
Net assets at 31 March 2021		 17a
17b
18a
At 1 April
2021
Income &
gains
£
£
Restricted funds:
13,369
24,622
-
129,918
-
14,897
-
10,000
316,993
-
Total restricted funds
330,362
179,437
General funds
440,730
322,545
440,730
322,545
-
-
987,707
11,513,174
1,758,799
12,015,156
EMSO - RRF
Non-charitable subsidiary funds
Total funds
Unrestricted funds:
Analysis of group net assets between funds (prior year)
Rapid Response Fund
Ukraine Donation - PepsiCo
Membership
Movements in funds (current year)
Operations
Net assets at 31 March 2022
Tangible fixed assets
Analysis of group net assets between funds (current year)
Net current assets
Tangible fixed assets
Net current assets
Total unrestricted funds
Net assets at 31 March 2021		 17a
17b
18a
At 1 April
2021
Income &
gains
£
£
Restricted funds:
13,369
24,622
-
129,918
-
14,897
-
10,000
316,993
-
Total restricted funds
330,362
179,437
General funds
440,730
322,545
440,730
322,545
-
-
987,707
11,513,174
1,758,799
12,015,156
EMSO - RRF
Non-charitable subsidiary funds
Total funds
Unrestricted funds:
Analysis of group net assets between funds (prior year)
Rapid Response Fund
Ukraine Donation - PepsiCo
Membership
Movements in funds (current year)
Operations
Net assets at 31 March 2022
Tangible fixed assets
Analysis of group net assets between funds (current year)
Net current assets
Tangible fixed assets
Net current assets
Total unrestricted funds
Net assets at 31 March 2021		 £
24,262
3,182,854
General
unrestricted		 Restricted
funds
£
-
228,157		 Total funds
£
24,262
3,411,011
3,207,116 228,157 3,435,273
£
21,790
1,406,647
General
unrestricted		 Restricted
funds
£
-
330,362		 Total funds
£
21,790
1,737,009
1,428,437 330,362 1,758,799
Expenditure
& losses
£
(8,454)
-
-
-
(273,188)		 Transfers
£
-
-
-
-
-		 At 31 March
2022
£
29,537
129,918
14,897
10,000
43,805
330,362 179,437 (281,642) - 228,157
440,730 322,545 (862,392) 1,150,000 1,050,883
440,730
-		 322,545
-		 (862,392)
-		 1,150,000
-		 1,050,883
-
987,707 11,513,174 (9,194,648) (1,150,000) 2,156,233
1,758,799 12,015,156 (10,338,682) - 3,435,273

The narrative to explain the purpose of each fund is given at the foot of the note below.

36

RE:ACT Disaster Response Limited

Notes to the financial statements

For the year ended 31 March 2022

18b Movements in funds (prior year)

Total restricted funds
General funds
Total funds
Unrestricted funds:
Membership
Restricted funds:
Operations
Total unrestricted funds
Non-charitable subsidiary funds		 At 31 March
2020
£
45,729
-		 Income &
gains
£
86,016
500,000		 Expenditure
& losses
£
(118,376)
(183,007)		 Transfers
£
-
-		 At 31 March
2021
£
13,369
316,993
45,729 586,016 (301,383) - 330,362
16,747 1,427,479 (1,003,496) - 440,730
16,747 1,427,479 (1,003,496) - 440,730
- 6,076,192 (5,088,485) - 987,707
62,476 8,089,687 (6,393,364) - 1,758,799

Purposes of restricted funds

RE:ACT Disaster Response received restricted funds from several sources during the financial year for specific projects or operations. Funds fully or partially spent in the year include:

Membership Fund: BlackRock fund of Tides Foundation grant to recruit, engage with, train, and activate volunteers.

Operations: Op RE:ACT Fund: the charity received a very large volume of donations and grants to support its work on the COVID crisis in the UK.

Funds received in year:

Funds received for support to refugees from Afghanistan (Op Arap) Rapid Response Fund - GIP

Ukraine - PepsiCo Romania EMSO - Rapid Response Fund

19 Operating lease commitments payable as a lessee

The charity's and the group's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods:

follows for each of the following periods:
Less than one year
One to five years		 2022
2021
£
£
6,460
15,505
-
-
6,460
15,505
Property
6,460 15,505

20 Legal status of the charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

37