Kids Matter
Report and Accounts
Year ended 31 December 2023
Stewardship
Activegenerosify
1 Lambs Passage. Lond(x) EC1Y 8AB
WbVW.slewardship.org.uk

Kids Matter
CHARITY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees
Rev Edward Dix
Eli Gardner
Heather Grizzle {resigned October 20231
exandra Stewart
Adeyinka Oduwole (resigned 14 March 20241
Matthew Neville
Peler Bacon
Julia Grant (appointed 2 March 20231
Joanne Watling (appointed 7 December 20231
Vicky Neal (appointed 14 March 20241
Key Staff
Eli Gardner (CEO)
Andrew Willshire (until February 20241
Gary Scull IFrom April 20241
Govemlng Document
CIO daied 17 September 2015
Charlty Reglstratlon MuM￿r
1163617
Prlnclpal Address
18 Parsons Green
London
SW6 4UH
Ind•p•ndent E￿rnIn0r
Stephen Mathews FCA
S￿WardshiP
1 Lamb's Passage
London
EC1Y 8AB
Bankers
Bardays Bank PLC
Contents
Charity Information
Trustees, Annual Report
Independent Examinerfs Report
Slalement of Financial Acts'vilie5
Balance Sheet
C85hflow Ststemenl
Notes lo the Accounts
Detailed Stalemenl of Financial Adivtb"es wrth Comparab"
Page
10
12-16
17

Kids Matter
TRUSTEES. ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
The trustees have pleasure in submilling the Report and Accounts for the year.
Objects of the charity
The charity is a charitable incorporated organisation and is govemed by its Constitution. The
objects of the charity, as set out in the goveming document are..
al Training individuals to run parenting courses for the parents and carers of children. with a
particular focus on communities with higher levels of deprivation and family breakdown.,
bl Developing and providing Iraining materials.. and
cl Providing ongoing support lo parents and carers
thus, equipping parents and carers lo provide an environment in which children can flourish,
reducing negative parenting patterns, and improving the wellbeing of families and the
welfare of children.
Child suffering due to povety is growing at an alamiing rale in the UK. Poverty is rendering
families in already disadvantaged communities unable lo cope, and it is children who suffer
the most in these situations. If we do not do anything to address this, we will have millions of
children growing into adults with increasing emotional. psychological, and social problems.
The need for early intervention programmes to support parents and children in challenging
circumstances is. therefore, increasingly vital. However. traditional parenting courses, whilst
effective, often leave parents as isolated as Ihey were before the intervention.
Research has shown that the most effective earty intervention lo prevent these issues 1$
group-based parenting programmes. Kids Matter's award-winning parenting programmes
equip parents and carers facing disadvanlages wilh confidence, competence, and
community, enabling their children to thrive.
Everything we do is focused on the country's most vulnerable children.
We engage local churches to use our relational, evidence-infomied programmes for families
of all faiths and none in their communities. Skilled peer facilitators from these churches make
long-term commitments to support families in communities across our country.
By partnering with the voluntary sector. we are well- placed to provide affordable, accessible
and highly effective interventions for children and families facing disadvantages.
Together, we can build a future where every child in need is raised by a strong family.
In planning the activities, the Twstees have applied the guidance on public benefit issued by
the Charity Commission.

Summary of the charity's main activities and achievements
2023 has been challenging for many families up and down the UK. dealing with a steep rise
in cost of living. We are acutely aware that as the need increases. so loo must our reach.
This year, we ran 78 programmes. reaching 432 parents which ultimately meant we
impacted 892 children in need. We managed this through our incredible partnerships with
local churches and charities and their links lo schools, communty ￿ntres, health visitors
land morel within the community. These pre-existing relationships have enabled more
families to access Kids Matter programmes. resultsng in more children being given the
opportunity to thrive.
However. we are conscious that we need lo do more lo reach communities in need.
So this year has seen a number of strategic innovations to our delivery of programmes
alongside our core work with individual churches and charities.
Firstly, we launched pilots for two dlrect dellvery onllne programmes in partnership with
two national charities..
Al Safe Famllles: a national charity working with families at the edge of social care. Since
COVID, a number of parents are in need of an online community due to their difficulties
engaging with in person services.
B) Chlldron Hoard and Seen.. a national charity working with partners and children of a
Parent in prison.
Both these incredible charities offer support to the most vulnerable of families and our
parenting interventions are an excellent fit to ¢￿iPlernent their work.
Our vision for these partnerships is to reach families online who would otherwise not receive
support. By working in partnership, relationships are already wam, and the programme Is
likely to be well received. Pilots will continue unts'l Summer 2024.
Secondly, we have adapted our 6-week inlervenlion in two ways to again reach mor&
families that we might not otherwise reach:
Al Prison launch: We have hired a full-time prison facilitator lo re-launch our work in
prisons with fathers. In 2023, we carried out 1 prcgramme of our new reworked
material comprising of four workshops in Pentonville prison working with dads who
are in touch with their families and who want to improve their relationships with their
children. This programme served as a pilot and in 2024 we will be aiming to be in at
least 2 other London prisons. We reached 11 parents and 5 children through that 1
programme.
BI CAP partnership: We wrote 2 sessions for facilitators from the national debt charity..
Christians Against Poverty (CAPI lo add to their existing 6-week Life Skills courses
across their network of churches. We trained 19 churches at the end of the year and
are expecting to see programmes run in 2024. This is also a pilot and will be
reviewed in Autumn 2024.
Thirdly, this year has seen the launch of our second programme= Babies Matter which is an
attachment-based programme aimed at supporting new parents.. strengthening their
relationships with one another as ¢￿parents and building a strong attachmenl with their

baby. We know from extensive research that strong attachments are the key lo children's
flourishing in spite of their circumstances. This year we trained two new churche$115 total
trained in Babies Matter) and expect lo see programmes run in 2024.
Finally, in addition to our national. online training focus. we are also targeting the
Merseyside area, one of the mosl deprived in the country. We employed a new team
member from September 2023 in silu. We are confident we will build a presence and a
network in the area and help support existing community provision to empower and equip
families living there.
Whilst the landscape continues to be bleak in tems of soaring levels of need, we are
hopeful. We see incredible work being done on the ground with our partners and we are
determined lo contribute and do our part to empower parent to transform Iheir family lives
not just for this generation bul for Ihe ones lo come.
Structuro. Govornance and Management
Responsibility for setting policy and for delemiining the parameters within which the charity
should operate rests with the Iruslees who meet regularly to monitor the activities of the
charity. New Iruslees are recruited and appointed by the existing Iruslees and are
supervised by the Chair of Trustees.
Our Partnership and Support Coach leams manage relationships with our partner leads in
churches and with our church facililalors respectively. As an organisalion, our community-
based programmes arè delivered by volunteers as part of a role within their church, our
partners. We support the work of our volunteers through coaching and mentorship deployed
through our Support Coach team.
Our Senior Leadèrship Team develop the strategy wilhin the context of both our area of work
and wider considerations. such as the ongoing consequences of the pandemic or the cost-
of-living crisis, and put this to the board for scnjliny, revision and approval, together with
regular reviews of risk, aroas of success and opportunities for growih. The Senior
Leadership Team is responsible for ensuring the delivery of our strategic goals.
Flnanclal revlew
We ended the financial year suttessfully, having reduced our anlicipaled deficit. We have
grown our donor base and secured some significant grants from Benefact Trust, Garfield
Weston and Julia and Hans Rausing.
Our overall income came lo £580,000 {£453,000- 2022) with a total expenditure of
£620,0001£540,000- 20221 resulting in a deficit of £40.0001£86.000- 2022)- this is
however lower than our predicted budget deficit of £50,000 (£91,000 - 2022). Whilst our
income was below budget this was predorninanlly in the areas of smaller regular monthly
giving, corporate fundraising and partnership fees which are still recovering following the
effects of the Covid pandemic.
All staff salaries are considered within a framework of pay bands that were drawn up by the
Senior Leadership Team benchmarking againsl other failh-based charities of similar sizes.
Pay for all staff is reviewed on an annual basis and a recommendation made by the Board's

Standing Committee to the whole board for decision. Salaries for the Senior Leadership
Team members are agreed between the Executive Director 2nd Chair of Trustees. except for
the salary of the Executive Director which remains a matter for the whole board.
We are very fortunate to have had a successful Trusts & Grants fundraising programme this
year and as we move into 2024. we will be looking to build further financial resilience by
growing relationships with foundations lo fund our work on a multi-year basis, increasing our
fundraising through the use of challenge evenls and in widening our pool of donors. This will
help to mitigate the risk oflarger donors not being able to continue to support the charity to
the same extent as they have done in the past.
Reserves policy
The Trustees have agreed a policy lo relain a minimum of'6 months" operating costs in
unrestricted reserves. At the year end. the charity held cash of £380,0001£15,000 reslricledl
(£365,000 unrestrictedl1£399,000 - 20221 We finished the year in a strong position due to a
combination of underspending againsl our 2022 budget but also through some significant,
one-off donations and match-funding. This additional lunding will be carried forward lo fund
growth in key areas, such as in our Support Coach team, allowing us to support more
facilitators and in fundraising lo further widen our donor base. The Trustees acknowledge
that due to our continued growth and the subsequent increase in forecast budget
expenditure for 2024, the current value of reserves will be slightly below our target figure for
the coming year. To that end we will look to consider this in our ongoing fundraising planning
and expenditure monitoring, revising where necessary.
Costwof-Llvlng Crlsls
The cost-of-living crisis has affected the charity as we have sought to strike a balance
between financial responsibility and supporting members of the team. We are also very
conscious of the challenge Ihat il presents for our facilitators, many of whom are volunteers,
and on families already living in poverty- We have joined campaigns and partnered with
organisalions like Chrislians Against Poverty and Warm Welcome to explore ways of offèring
wrap-around support for families beyond our own programme and community.
Key rlsks and uncertalntles
The charity is exposed to various risks - be Ihey operational, financial, or reputational. Our
risk register is reviewed regularly by the Board and the Executive team. The trustees review
the charity's activities regularly lo identify significant risks and. where possible. take
appropriate measures to miligale those risks.
The charity's financial risks relate to income-generalion. We have ex￿lIent control systems
for our expenditure, and this is regularly reviewed but historically we have been reliant on a
sm811 pool of large donations for a signtficant prowjrtion of our operating budget. Over the
last year significant work has been undertaken to diversify our income streams which will
continue in 2024 and beyond.

Plans for the future
The needs of the demographic which we serve have increased dramatically with an
additional 300,000 children pushed inlo poverty due to Covid-19, bringing the total number
of children in poverty to close to 5 million. roughly 3 in 10 children.
Growing up in poverty can make lrfe a lot harder for thildren and can put children at
significant risk of a number of adverse childhood experiences {ACEsl. Childhood adversily
impacts mental health and wellbeing, and mental health problems in childhood can lead to
reduced life chances by disrupting education and limiting attainment. This can eventually
reduce an individual's ability to find and suslain employment. leading lo an impoverished and
unhealthy later life and leading lo generational cycles of deprivation. Povety. ACES and
subsequent poor mental health are all linked. We target poverty {ralher than the others)
because it is the contexvframework that has the biggest impact on both children and their
parents in terms of creating a poor mental health environment and a breeding ground for
ACES to occur.
Post-pandemic. it is clear that more and more children are struggling with moderate to
severe mental health problems, particulady if they are already facing the disadvantages
resulting from living in low-income families with little support. The impact of long periods
without proper schi)oling, isolation from peers and weeks of lockdown in potentially volatile
households is now evident with long wailing lists for mental health professionals and with
teachers and educators unable lo meet the emotional needs of children in school. We need
to equip our churches better to be able lo deal with the increasing severity of needs in our
groups and to this end we need to slep up our budget to do so.
For the coming year we are therefore focused on..
Building on the pilots we launched this year to increase our reach into even more
communities lo help even rn￿8 struggling families.
Deploying more staff and resources with a particular focus on Support Coaches,
ensurin9 they are svfficienlly trained in ACES. safeguarding and coaching skills to
support and supervise facilitators.
Continuing lo widen our evaluation to include interviews with our beneficiaries..
partners, facililalors and parents to ensure the mi)del is fil for purpose, with
robust training and programmes to include the more severe end of the spectrum
in terms of family issues.
Inlenlionalty set targets and provide team wide training and resources lo improve
our Equity. Diversity and Inclusion reach at all levels of the organisation.. ensuring
that our programmes. our training and our team recruitment are as wide and
inclusive as possible.
Continuing lo promote Babies Matter to focus on the crucial first 1.001 days of a
child'5 life to oplirnise parenting and ensure the best start for every child in need.
Building on our prison work to run regular pr(*Jrammes in at least 3 prisons over
the coming year as well as supp(￿1ng families on the outside through our
partnership with CHS.
Building on our deliberate investment in the Northwest starting in Liverpool and
Merseyside.

Evaluate the success of our partnerships with SF and CAP to see if those models
are a good investment.
Look for any new charitieslorganisations to partner wrth lo increase our reach in
the same way as we have launched to date with SF and CAP and CHS.
Responsibilities of trustees under chaiity law
The trustees are responsible for preparing Ihe Iruslees, annual report and the financial
statements in accordance wilh applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustees lo prepare financial statements for each financial year
which give a true and fair view of the slate of the affairs of the charity as at the balance sheet
date and of its incoming resources and application of resources, including income and
expenditure, for the financial year. In preparing Ihese financial statements, the trustees are
required to..
Select suitable accounting policies and apply them consistenlly,.
Observe the methods and principles in the Charities SORP.,
Make judgements and eslimales that are reasonable and prudent.,
Slate whether the applicable accounting standards have been follow8d, subjèct
to any material departures disdosed and explained in the financial slalemenls.,
and
Prepare the financial slalements on an ongoing concem basis unless il is
Inappropriate lo presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy al any tim6 the financial position of the ¢harily and enable them to
ensure that the financial statements comply with the Charities Act 2011 and the Charity
(Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the
assets of the charity and hence for taking reasonable steps for the prevention and detection
of fraud and other irregulariti&s.
Approval
This report was approved by Ihe Iruslees and signed on their behalf by..
Alexandra Stewart
Date=
10-Jun-2024

## **INDEPENDENT EXAMINER'S REPORT** 

## **TO THE TRUSTEES OF** 

## **Kids Matter ('the Charity')** 

I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 December 2023 on pages 9 to 17 following, which have been prepared on the basis of the accounting policies set out on pages 12 to 13. 

## **Responsibilities and basis of report** 

As the charity's trustees of the Charitable Incorporated Organisation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). 

I report in respect of my examination of the Charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

## **Independent examiner's statement** 

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants of England and Wales, which is one of the listed bodies. 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 

1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination. 

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

Stephen Mathews FCA ICAEW Stewardship 1 Lamb's Passage London EC1Y BAB 

Date: 


8 



Klds Matt•r
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Total
Funds
2023
Total
Funds
2022
unrestn.cted
Funds
Restricleil
Funds
Not8
INCOMEAND ENDOWMENTS FROM:
Donations and legacies
Charitsble activities
Investments
530.759
19.627
2,874
26.708
557,466
19,627
2,874
434,143
18.353
732
Total Income and tndowments
553.260
26.708
579,968
453,227
EXPENDITURE ON-
Charitsble activities
Raising funds
526.182
58.607
35.682
561,864
58,607
511,101
28.248
Total exp8ndlture
584,789
35,682
620,471
539,348
Net Incomell¢xpendltur•l
131.5291
18.9751
140,5041
186,1211
Tran•f•r• b•tw•én funds
12
18.3981
8.398
N•t mov•m•nt In fund•
139.9271
{5771
140,5041
186,1211
R•eonelllatlon ol fund•:
Total funds brought forward
418,735
15.125
433,860
519,981
Total funds Garrl•d lopward
12
378.808
14.548
393,356
433.859
The statement ol financial activits6S Inclu¢J&s all gains and losses reeognisad in th& year.
All incorng and expenditu￿ derive from crmDnuing operatirms.
The notss on page 12-16 forni part of these accAwnts.

## **Kids Matter** 

## **BALANCE SHEET** 

## **AS AT 31 DECEMBER 2023** 

|||||Total|Total|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Funds|Funds|
|||Funds|Funds|2023|2022|
||Note|£|£|£|£|
|**CURRENT ASSETS**||||||
|Debtors|8|26,168||26,168|54,795|
|Cash at bank and in hand|9|365,119|14,548|379,667|399,204|
|||391,288|14,548|405,836|453,999|
|**CREDITORS: Amounts falling**||||||
|**due within one year**|10|(12,480)||(12,480)|(20,140)|
|**Net current assets/ (liabilities)**||378,808|14,548|393,356|433,859|
|**Total assets less current liabilities**||378,808|14,548|393,356|433,859|
|**TOTAL NET ASSETS**||378,808|14,548|393,356|433,859|
|**FUND BALANCES**|12|||||
|Unrestricted Funds||||||
|General funds||378,808||378,808|448,110|
|Designated funds|||||8,400|
|||378,808||378,808|456,510|
|Restricted Funds|||14,548|14,548|(22,651)|
|||378,808|14,548|393,356|433,859|



The financial statements were approved by the Board of Trustees and were signed on its behalf by: 

Alexandra Stewart (Jun 10, 2024 06:28 CDT) Charity number: 1163617 Alexandra Stewart Atexattdta _Ste wart_ 

Date: 10-Jun-2024 

The notes on page 12-16 form part of these accounts. 

10 



Klds Matter
FOR THE YEAR ENDED 31 DECEMBER 2023
CASH FLOW STATEMENT
Note
2023
2022
Cash flow5 from operating activities..
Net cushprovidedby lusedinj opergtrnq ortivitie5
122,4121
1117,3311
Chonge in cosh ondequivolents in thereportingperiod
Cash and equivalents at the beginning of the year
Change in cash and equivalents due to exthange rate movements
119.5371
399.204
1116,5991
515,803
Cush 4nd¢#sh equ1￿lents #t the endoltheye#T
379.667
399,204
Note a: Aeconclllatlon of net lncomellexpend1￿rèl to r*t cash Ilow from operatlni actlvltles
2023
2022
Net Income/lexpenditurelfvr the reportlngperlod (o5per the5toten￿￿trf11￿Ondol
octlvltlesj
140.5041
186,1211
Adjustments for..
Ilncreaselldecrease debiors
Increase/ldecreasel in creditors
Net ¢uJhprovldedby lusedlnj operutlng #rtlvttles
28.626
17,6601
122.4121
140,0351
9,557
1117,3311
Note b.. Analys15 of cash and rash equSvalents
2023
2022
Cash at bank with immediate access
379.667
399,204
Total cash and cash equSvalenfs
379,667
399,204
11

Kkls Matt8r
NOTES TO THEACCOUNTS
FOR THE YEAR ENDED 31 DECEM8ER202J
ststutorylnforrnation
The charity is a charitsts￿ ￿anIsa￿On registered Vlith the Charity CommssK)n n Et@and & Wales. The charilys
registsred numb8rand wn(xpal ￿￿reSS befourKI on the Charty Infonnation page.
countlng Pollchs
The5efinancial 5tatetnen15 are PTepared ￿ a bas￿. wNler the hi5t(Thxl cost convention.
Thest finanoal siaiemenis have prtP*8d in 8¢¢tydan¢e ￿1￿ the "stsiemerf of Re¢¢mm8nded Pf8¢b¢O". Accounbno 8nd
Repornng by Charitie$ preparing Iheir accounts in 8c¢ty4J8rte wlh the Finantyal Rewtyng s￿ndard 8ppli¢8ble in the UK 8nd
Reputdic of Irdand IFRS 1021 llhe Charibes SOWI. Fin￿￿ Reportsng stsndard applicable in the United Kingdom and
Reputdic of Ireland I"FRS 102.1 and wlh the Chanbes Act 2011. The Ch￿ meets the dEfinit￿n Dfa public benefit entity AS sel ¢x
in FRS 102.
The Charllios Ik¢ounls and Reports) Regulab￿S 2CIM (the ￿08 ReguL8bons'l requ1￿$ ch8dfjes 10 prepare their 8tt0unis in
ac¢or48n¢e w¢h.￿cOuntIng and Reporting by Charibes stsi8meth of Re¢(wnme￿le￿ Pr8cuc8 effecuve from 1 April 2005. bul Ihis
ac￿￿nI1ng sundard has $in¢e been V•ilhdr¥w and has been repl8(*d by the ChAriDes SORP menvoned In the pre￿Oi￿g
Paragraph. The charity has piep8red these financi81 In accordan¢e the new Chanties SORP.. this dep8rture from the
2008 R¢Oulal￿nS Is believed to be rwe5s•ry for￿50 finantial statements to we a'true fair VK9W.
Tho pr1ndp￿S adopitd In tho pr8parnib)n olth& fina￿818*￿mènts aro 881 (XA b8knv.
The Irusiees hèva 88ses88d whether lh8 ustr ol th8 goin9 toncem b881s 18 8kwfopri8t6 and b8ve considared po¥slbl8 èvents or
condllions th81 mlghl Casi signific8nl doubl on Ihe 8blity of th? ¢*anty 10 ￿tinue 88 8 9)Ing ￿￿tern. The trustses have made Ihls
assessment fof a p8nod ol al ￿¥81 one )*ar from lh8 dats ¢1 apkyoval of lh8 finan￿al s￿￿rnents. In part￿Ular the tw5￿$$ have
consklerod charl1￿$ I0￿¢8$L4 8nd proeetsons 8nd Ihe p)ssibK9 IM￿￿tionS tshou￿ prqected Inwr(* l or oxpgndllure ¥8ry
unexpocledly. The Irusws have condvded Ihai there is a reasonawe expectabon that ch8nty has adequate rosourcos lo
continue ￿ oporale for Ihe foreseeable fulure. Th8 ttbarity therofor? to adopi tho concern tyasis in prepariro Its
finanaal slalBmonls. In making th15 as5•ssffl•nt In15t￿5 haw rX￿￿Or9d hrA¥ Cowd.19 muhl affoct proio¢liws.
IncoTh ineludlryJ hwestmnt InconN8 1& wnlB8LI In In Ihe t￿)Th￿S onbled lo rocelpi. the amoum
recelvable can be m888ured wnh reasonatde c8rt8inty, 8TrJ (￿lP1 is probab￿. For Ihe most part. In￿me Is generally re¢o9nis8d
when11 Is ￿¢81¥9￿. Income 1$ only deferred when the Charity ha$ ￿ fulfil ¢￿￿tionS before bawming enbued 10 it or *there the donor
h85 gpotyfied th81 the Inco￿ lo bfr eypen¢Jed In o lulure p8rioJ.
Incom8 from donat￿nS and ￿93clOS indudB5'.
il Recoverable gift avj. This recogni5ed rdBted donatitin 1$ re¢4ived. Gift avj that ha$ nol been recovered by the
balance sheetdaie L* induded as a debtor.
lil Oonaled 18¢iliti¢$, seNi¢os and wods. Farylths. 58Thic•$ and 4Yrwwt•d for th• chartvs own ug8 aro re¢y)gnisod 89
inwme when receivat)le at ￿e1rvalue lo ￿e ¢harily.
The charity rel￿3 on ¥dunteer5 lo carry many ol rfs athbes. H￿￿￿r. kn th￿ordance the SORP. the volue of these
services not been included in IhÉ8e fwwncial Stat￿￿nts aslheycannot b2 ￿lE￿Y measured.
When donated goods. 5wvices and faul￿1@$ dislritrAJied or consumed. an expense in respect of those rtems is included in
the Stslement of Finarrial AdMI￿s. At the yr end anygrxx15 thal ha¥e not been distritxjted or rxjnsumed are recogTh15ed a5
stock., donated fixed assets are caw￿19ed.
Inco￿ from tr￿n1¥￿t acbvibes owe8ents re¢ei¥8bkn from goods. se￿¢$$ 8nd f￿11￿8$ supplied In furtherance of the
ch8rllWs Chan￿ble ot4oc¢s. It￿ude$ incon* lffom trwing 8¥entsand parthership inwme.
12

Kkls Matt8r
NOTES TO THEACCOUNTS
FOR THE YEAR ENDED 31 DECEM8ER202J
ndilure
Expenditure. including Irrecoverab￿ VAT. is reccwJnised ¥**n it ts inrAJrred or. if eart￿r. when a kgal or Cx)nstructive obligation for a
pAyn7enl arises provided thgt il probatAe that setuement will be required and the an￿￿nI ol the oblvJation can be measured
rel￿bly.
The (thaniy makos gr¥nis 10 otr*r Insti￿￿(￿1$ and indiyKluats to fudh8r IL% (th8ntaL￿ obi8¢tsve$. Gpnts payaue are rocognisod as
constru¢lwe obl￿811¢n$ ¥ri8e. is ￿n8(al￿ the Charity exwews a commwneni to the re¢ip*nl thai Can be measured
relkgbly and then only lo the extent that any(￿l￿￿$2$$￿aled thegranl ￿ wtside of the (￿antrOl ofthe charty.
ExpBndilurn on rai￿ng funds comprisestha ￿>sts in￿rnd r￿Mm￿rrAal trddin9 athibes, hjndrdisww and managing invoslments.
The Ch8riDe8 SORP requlres ch8rilh8s ￿1h I￿]￿me over £5fy),0Th) 10 ￿10¢41? costs ty the v8r&)us a¢tsvlti8S Jndert8ken by the
charity. The nature of the of the ch8nty is iJ)n$d8red 10 be so Intsgrnted thai the oyt th8ntsb￿ 8¢tsvrty ¢o$ts are considered
lo be forlhe ow actiwty.
Governance c0515, whth ale induded In expenditure on chantsbkn aoiwtses bul are Identsfied 5ep8rately in Ihe notes to the
a¢counl$, inclu¢e5 costs a￿￿￿al8￿ the mdewndenl exanmnabon of lh¢ financial stateFr¢nts, comrjiance wth con$blulional
and 5tBlutryy roquiromfjnts anyothor •xporKlitw• Incurrfyl on lh• stratfjg￿ manallomonlof tho rlwnty.
GtrnBral funds aw unrtrstrkthd lunds *fii¢h aro 8vaiL8N& lor us& ai th8 di$￿tiOn of th8 trustsas in futhtr8n¢e of Iha 96neral
obJ8dives of th8 tsb8rity. Designated lunds ccryrise unre$thctsd funds thai have b8en 881 8$lde by Ihe tru8188$ for particular
purposes. Reslricled lunds are donaibns which are ￿ be used in 8ccordan¢6 ¥bith speofic restn¢ts¢ns Imposed by donors. Ihey
include donat￿n$ received appeals for soeofic acDviDe$ w prr4oct& Endo￿nI funds 818 don8ts0ns th818re retsingo 8$
copilal In 8ccord8nce ￿th the donorfs ¥%ishes. The naturo ol ihe reslncbon Iyewrni￿S whether the endowments represeThi
pemanonl endowrnents or expondabL9 8ndowmeNs.
Ible flxed as
liems purcha9ed or ¢Jonated lor the ch8rWB u88 t*tsn the co•1 ol wxth•sod it0rr*, or th8 f8lr value of donated
ilem5, Is more than f2.(X)0 on(J Ihe item l¥ expeded to benefi charity over rrKKe ih8n one accountsng pgrfod. Depreciolbn 15
hargod on B slraighl lin8 b55iS SQ a¥ to ￿te down valua of awl io rts estimated rnsidual value lif any} ov8r Ils expKlod
ustful ètA)nomic lrfé. To athtvtr thlsobJ'tctNti tho ftAtr*ing ratss of dwttiatitin aro tharged..
Equipmeni
O¥ei 3 ** 7 >wrs
The catyng values of tangit40 fixed 8ssets are rw6*ed fc¢ Inwirment kn pw*rtJ8 ￿en 8veDts LY changes In CIr￿m6￿￿ces
ind￿¥10 ihai e8rrwng value may nol b8 r8co¥er8tlo.
The ¢h8rity op8r8188 defined ¢oninb￿10n penskn sth8m8s for its em￿0￿8$. ￿19a￿on$ for ￿l￿tsUI0￿$ lo these 8¢h8mes 8re
reco)nis•d as an expense when the liability 8ri888. Tha as88ts of thes8 sckn are hok18eparaiely from those of the chanty in
Indopendenuy 8dministore¢ funds.
The tharity has tskBn 8dvan¢89tr Ll thtr from tavAbtin avalabltr to tharibès and no t&¥ is payablè on lh8 charitys
InCDme.
noal inslnJmen15
The ch8ritls financial assets an¢) frnantyol liabil￿￿$ all quahty 0$ ba*c Inanwl instrvnEnts, as ¢Yefined by FRS102. Ex¢epl for
loans. creditors and (leblors are measured al Iheif expecied seillemenl value (normally Ihe amount of cash that the charity a￿c1S
lo pay or receivel. The charity recognLses Iiabilibes lor the prinapal of blose loans that refflain5 (xrtstanding al the year end li.e. the
liabilities exdude any intere51 rthargeable on the k>ans in fuiure ye￿5>.
The IIu5tees do not Cons￿9f that there are any material sourlw of e5bmati(m or urKxrtainty al the balance sheet dale that Gould
rasult in a Tnaierial adjusltneni lo1￿ tsrTring values of a55ets arvj lia￿1￿06 in thtr noxt rewting ￿*￿d.
13

Kkls Matt8r
NOTES TO THEACCOUNTS
FOR THE YEAR ENDED 31 DECEM8ER202J
Oonations
2023
2022
Donations. legacies and grnn
Income reuverab
547.524
9.942
557.466
428,959
5.183
434,143
Incomo Irom chathblo a¢iivltl08
2023
2021
Partnership fees
Trsining income
()ther chanlatrAe actbvit
16.197
2.880
550
19.627
15.003
2.700
650
16,353
Ch8rlt•bl• oxp•ndltur•
2023
2022
¢￿ts In¢urr•d dlr•dlyon ¥p•¢ffi¢ actWI••
Staff ern￿oYMent and Iraining cos15 INol&61
Programme mal8na15 & vid8D
IT and profestsbnal I
475.854
15.260
48.027
9.019
425,790
28.704
44,761
3,921
548.161
503,177
Co•t8 In¢urr•d 1Upp￿ & •thlnl*tradon
Governance cos
ACC￿￿t6 and Sndep8nd8nl examinal
3.9)0
3.WO
2,400
2,400
560
4,964
Rent
Offico suthl•s ond doani
8.963
13.703
7,924
Total •xp•ndltur•
561.864
The fe6 p8yaNe to the independeni &x8n*w fc¢ and ex8minity th8 acuJunt8 was £3.80012022. £3.6WI', in adoillon Ihe
ch8rlly P8kl £1.177 12022." £1.1771 ￿ Smwa￿sh5p p8>YoII bLV8W S￿1¢8$ and £60 12022.. £601 to SI8W8rdship for con8ulllng
Co•tof rol•lnq fund•
2023
2022
Fundraising ussI¥
58.607
58.607
28,248
26,248
al￿1# ol Itsff ¢08t•, the ¢081 ol *ey mat)•g•m•trt p•r¥onn•l and tw*to• r•munof*¢ion and •xpen•e*
The avèra9è monthly number ol emploi*es dunny the ￿¥r wa$ 17 12022 151. KIos¢ of th8 ¢h8riVs aChv￿8$ 8r8 carried out by
volunieers.
No staff received salaries ala rdle of t[￿￿e than £eO.(W pwannum.
The charivs key management thB Iru$iFes and thB kBy slaff on th6 Charity Inftrm81ion page. Total amploymont
benefit¥ payabl8 10 keymanagemeni ror lh8 )*ar £54.50812022". £65.8771
No Irustees re￿iVed benefft5 in erfh8rlhe Djnpnl ￿p[e￿INj ￿ar.
14

Kkls Matt8r
NOTES TO THEACCOUNTS
FOR THE YEAR ENDED 31 DECEM8ER202J
Oebtor8
2023
2022
Falllnll duo wlthln J*w'.
Tax re¢over8bl
Other deb￿r$
Prepayments and acuued income
Total d•btorn
1.165
24.803
200
26.168
2.752
52.043
$4,795
C•8h at Bank and In Hand
2023
2022
Cash 81 bank vilh Smedi8le acc8S8
379.667
379.667
399.204
399,204
10 Cr•dltors.' llab1lltl￿ lalllno du• wlthln om
2023
2022
Trade credStors
Accruals
4.980
7.500
12.480
16,540
3,600
20,140
11 P•nslon ¢•mmMm•nt•
Ouring the s*ar empbyer's ￿n￿￿on cts1lrfbul￿ns walliNJ £12.405 12022 £10.3741 pay¥￿tr ty defined contribution person81
penslon sch8m88. Pents￿n contribu11L￿ of E2.809 ai th8 ba18tKe sh881 daie12022". £1.9801.
12 Fynd•
Ouring the >*8r tho moverntnts kn thed*rrf$ fwvjs w￿e as folkM%.'
ning
)wmity OuiwrK4
Transfers
inth8￿r
2023
Galn8 and
losses
2023
Closing
balance
2023
2023
2023
Dgslgn8tgdFunds
I4.2￿)
14.2LK)I
14.1981
Gen8rn1 Unmstrfd8dFund8
414.535
553260
1584.7891
376,808
Tolol Unrgslricted Funds
418.735
553260
1584.7891
18.3981
378,808
Resrty¢red Funds
FoundersPkndge fundlng
The Big Give
European Great
Collaborabon Iczechial
14.548
14.548
26.708
135.1051
8.398
57T
15771
15.125
.708
135.6821
8.398
14.$48
Aggregate of funds
433.860
579.968
1620.4711
393.35e
Th8 Salaryfund Is In wspect Ors￿1￿¢￿¥b0ThS made ￿ part fund the salaryof new emkg0)*8s.
Founders Pl8dg8 funding r•l818$ 10 funding rewved for (J)ty purpws *ith ¢enain r•stncbon$
Thè Blg Ghiè fund d￿atiOnS ¥￿11 be used ￿ suprx)rt programrf*. supKxyt and de¥ebpmeni¢osts.
Bables Matter.. lunds donated to SUPFA)rt the salary of the Batses ThIa￿r tKogramme dire¢ior
Europpan Grgat CommissioN co1k3borati0￿ IC2Khl*l fvDd d￿l¥)￿S *ill be used to supp)rt ￿￿grat￿m￿. wpport and
devolopmenl ¢QSts.
15

Klds Matt•r
NOTES TO THEACCOUNTS
FOR THE YEAR ENDED 31 DECEM8ER202J
atysis ol net assets byfund
The asseL8 And 1Lgbili￿eS afihe variwsfth￿s 8$
General
fur￿&
Designated
fun(ts
R8slriGted
furvJ$
2023
Debtot5
Cash ai bank and in hand
Cr8dilOts falling due ￿7th￿n on&
26.168
365.119
112.4801
28,168
379,667
112,4801
14.548
378.808
14.548
393,356
In Ih8 pre¥￿u8 yearthB movements in th8 chaiivs lund&*Yrp ￿fL￿￿￿'.
c*enin9
ts)nNNJ Ouwn9
Trat)sfers
b8larrte r8¥our¢es res(¥Jrtes ￿ the wr
2022
2022
2022
2022
G81n$ and
10$888
2022
Closing
balance
2022
De6W8Èsd Funds
Web8516
110.8riJi
4,200
15,Cth)
I10.8￿)
4,200
Gen6rn1 Unrests￿1￿dF￿n￿I
414.251
411266
1410.9821
414,S35
To181 Unffssl*lcledFunOs
414.251
426266
1421.7821
416,735
Roslrtded Fund$
FtsuNJOrsP￿dg0 fundlng
The Big Giv
Europ88n Gr681 Commis8
ColL4bryallon ICz8r*Kg1
8abies M8Ker
2.977
49.347
12.9771
154.7601
19.961
14,548
(S3.4￿>
16.4231
577
105.730
28.961
1117.5661
15.125
Ag9reg8ie ollunLI$
519.981
453227
1539.3481
433,860
An•ly¥l$ of net•uets tyyfund
In Ihe previous year, the as5els arvj liabilthÉS of the wious luThls**rt asfdkn*s".
Unresirthd Funds
Ge￿181
D¢$ignated
fvnd¥
Reslrictod
2022
Debtors
Cash al bank and In hand
Creditors falling due ￿thIn one
54.795
413.455
120.1401
54,795
399,204
120,1401
8.4
122.6511
448.110
8.4LK)
122.6511
433,859
13 Trdnsactlons wtth relat•d partl•s
Ouring the y¢8rihe ¢hanty
al receivod ￿￿tionS ￿talIty £110.51612022'. £120.15)) r￿ated part*$ indudes trusiees, anyoih8r r(*mbers ofkey
man8gemeni and an)on& do$￿ u)nn¢£aed to thwnl.
bl reimbursed eypeDses totallirw E302 10 Iru5tees {2022." f344 for tolrustee [l￿ting51.
There have been no othertraDsaLIKns reL3ted partie5 during thesyar.
16

XE
WU(L