REGISTERED CHARITY NUMBER: 1168384 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 May 2024 for The Breek Foundation Harris Lacey and Swain Suite I The Riverside Building Hessle East Yorkshire HU13 ODZ
The Breek Foundation Contents of the Finaneial Statements for the Year Ended 31 May 2024 Page Report of the Truste¢s Independent Examiner's Report Statement of Financial Activities 10 Balance Sheet Not¢s to the Financial Statements 12 to 22 Detailed Sta¢¢ment of Financial Activities 23 to 24
The Breck Foundation Report of the Trustees for the Year Ended 31 May 2024 The trnstees present their report with the financial statements of the charity for the year ended 31 May 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.- Statement of Reconunended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). Page I
The Breck Foundation Report of the Trustees for the Year Ended 31 May 2024 OBJECTIVES AND ACTIVITIES Objectives and aims Breck Foundation is at the forefront of efforts to safeguard children and young people online. Our organisation was founded in 2014 in response to the tragic loss of Breck Bednar, a 14-year-old boy who was groomed and murdered by someone he met online. Our work aims to prevent this from ever happening again. Our work saves lives. We have UK wide relevance and impact. We reach thousands of children and young people in schools and other community setting5 Wlth Breck's story every year. Our talks and educational materials fill a gap in the current UK curriculum that othenvise leaves children vulnerable to onliThe grooming and exploitation. We take a whole community approach, working also with teachers, school support staff, parents, private sector employees and the wider UK public to create a network of digital champions - adults we empower to take effective action to protect the wellbeing and lives of young people. We do more than educate; we bring a unique perspective when we work with policymakers across all levels of government and technology companies to create more robust digital policies and practices that put young people's safety first. With 980/0 of young people now active internet users, current and future generations grow up having to navigate new and evolving digital dangers. We are committed to making the internet a place where chtldren can live, play and thrive in safety. We are helping young people reclaim the internet. Since we were founded, we have reached 177,83 Ichildren and young people, 16,464 parents and 19,888 teachers and professionals. Breck Foundation is a Charitable Incorporated Organisation (CIO) in England and Wales. Vision Statement A world in which children and young people can live, play and learn online safely. Mission Statement To empower the digital generation to be smart and safe online and advocate for their wellbeing to be at the centre of internet safety policies and practices across government, busines5 and the wider society, by= Educating and empowering children and young people to build digithl resilience and protect themselves, and to champion positive online engagement among their peers. Raising awareness and increasing knowledge among adults with safeguarding responsibilities (parents, teachers,police, community leaders and others) and the wider public, and equipping them to take appropriate actions to support and protect children and young people. Engaging government, businesses and other relevant agencies in campaigning for irnprovement in online safety policies, systems, processes and practices, to better protect children and young people. Organisational Aims At Breck Foundation, our aims are to: Eradicate the incidents of online grooming and exploitation of young people an(Vor their exposure to inappropriate onduct on the internet, which occur through their use of online gaming, social media and other digital platfotms. b. Increase young people's self-confidence and digital resilience, while improving their overall mental health and those of the adults who safeguaid them. Page 2
The Breck Foundation Reporl of the Trustees for the Year Ended 31 May 2024 OBJECTIVES AND ACTITIEs Public benefit We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and helps us ensure our objectives and activities remained focused on our stated purposes or charitable objects. We have referred to the guidance contained in the Charity Commission's tsenerdl guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the charitable objectives they have set. Page 3
The Breck Foundation Report of the Trustees for the Year Ended 31 May 2024 ACHIEVEMENT AND PERFORMANCE Charitable activities Chair's Remark With the Online Safety Act Coming into force in 2023, we paid close attention to the roll out and supported organisations with consultations and campaigns. Sadly, children at risk of harn] online continues to grow. Breck's story is the voice of the Foundation's work, and from the feedback we see frorn children, it is a vital tool in helping them grow safe online and enjoy the online world. Breck's family, led by Lorin LaFave-Gordon, continue to inspire supporters. It is their tireless lobbying of Governrnent and the big tech companies, combined with great efforts by the professional staff team at the Foundation, that we can now show greater impact of our work. The Trustees are grateful for the fundraising events led by David Gordon and Lorin which have provided significant funds to grow the operational capacity of the Foundation. In DeceTnber 2023 we said goodbye to our CEO Michale Buraimoh, we thank him for his excellent service to the foundation, he leaves a great legacy not only the 5-yeaT strategy but also strong and skilled tearn with a positive culture. In January 2024 we welcomed Erica Thornton as our new CEO and are very excited about the leadership she brings. The Trustees have worked hard over the last twelve months to review and strengthen our Governance processes and systems to hold the staff team to account for delivery of the strategy. Tltrough skills audit and recruitment of Trustees with the professional skills in accountancy, fvndraising and public sector, we have a strengthened Board to provide the outgoing and incoming Chief Executive with strategic expertise. Mark Harrington and Reem Willoughby left our board, and I thank them for their years of service to the foundation. Emily Chery resigned as Chair after 3 years and I am pleased to take over from her excellent leadership of the board. A new round of trustee recruitment will begin in 2024 where we hope to appoint at least two new trustees. Our staff tearn have worked hard and demonstrated their expertise and their comrnitment to the mission of the Foundation. Our new fmancial systems and processes are workin(T well and the finance sub-committee of the board of trustees has strengthened the scrutiny of management accounts among other things- delivery of a new approaches to our online safety educational service offers have seen growth in numbers of people we are reaching, and the launch of RISE e2e project is proving popular with schools, l 00 /0 take up of the offer and excellent feedback and insights. The passion our staff inject into sharing Breck's story is inspiring. I am grateful to our funders (listed in this report) and supporters. I want to particularly thank everyone who has participated in various fundraising challenges to raise money for this important cause, including those who ran the London Landmark's Half Marathon and individuals who embarked on their own untque challenges. This year was the tenth anniversary of Breck's tragic loss, his mom Lorin took on an unbelievable challenge of sky diving in memory of her sun. Lorin raised a huge £10,000 for the foundation's work and we are incredibly grateful to her for continuing to support the foundation. The Board of Trustees recognises and is grateful to all the staff, volunteers and fundraisers. who have- and continue to- contribute to the success of the Breck Foundation. Ensuring our work delivers our charitable aims We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review look5 at the succe55 of each key activity and helps us ensure our objectives and activities remained focused on our staled purposes or charitable objects. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our tUre activities. In particular, the trustees consider how planned activities will contribute to the charitable objectives they have set. Our Activities and Performance Below are some of the hi]IlgtS of Breck Foundation's work in 2023124. Operational Plan Page 4
The Breck Foundation Report of the Trustees for the Year Ended 31 May 2024 In September 2022, we launched our new 5-year strategic plan. We have identified 4 main strategic objectives, which l. Become a stronger (including fmancially), professional, compliant charitable organisation 2. Facilitate access to high-quality online safety educationlinfonnation for all children, young people, and adults with safeguarding responsibilitie5 3. Be influential on policy, advocacy, and campaigning 4. Have successful stakeholder engatsement and constructive partnerships Sehool Education Programme This year we have continued our school education programme in which we educate and empower students (of all ages and special educational needs). teachers and parentslcarers. This programn]e continues to be the cornerstone of our work and a great success. In total, this year we have reached: 12,394 primary-age students 15,687 secondary-age students 501 special educational needs and disability (SEND) pupils 2,044 parents 1,380 teachers, trainee teachers and professionals This brings our overall total figures since the Foundation's conception to 177,831 children and young people, 16,464 parents and 19,888 teachers and professionals. See below for a selection of quotes from teachers, parents and young people we have reached this year.. "Thank you so much. That was really an excellent presentation. The final video brought me to tears. l think the takeaway for me was the age of Lewis - I fell into that trap of imagining someone much older., (Teacher) "It was a fantastic presentation and the speaker was excellent. Telling Breck's story really brought it to life and helped us to see the importance of protecting children online., (Parent) "An inforniative and eye-opening day for many of the children and we've had several emails already from parents saying that they really valued the conversations it had brought up, at home, as a resuli., (Teacher) "Thank you for the amazing prestation. You were truly amazing. The way you told the story having our students engaged in such a way w&s truly magically. Many thanks again, and I would most defmitely like to work with you again., (Teacher) "I thought that the use1 thing was to look out for certain people who are too friendly or might be grooming you." (Young person) "I found tnost interesting was when Breck go to the groomer home without think about it., (Young person) "What I found use1 was that not everyone can be trusted online. (Young person) Our suite of after-presentation resources is available for teachers to use after their pupils have been visited by a Breck Foundation speaker. Our new satellite sessions to supplement our main presentation, are proving popular with schools these include sessions called 'Understanding Online Predators, and 'Spotting Fake News,, and we continue to develop more. These satellite sessions help us deliver more holistic online safety education and allow us to be reactive to growing topical issues. In 2023 we launched our new School Entsagement Officer roles, recruiting several freelance speakers who were trained to deliver Breck Foundation sessions across the UK expanding our reach and abilities as a foundation. This programme has been hugely successful, allowing us to reach regularly into the South West, Midlands and East of England. In 2024125 we begin a Second phase of recruitment to grow our freelance speaker team. Page 5
The Breck Foundation Report of the Trustees for the Year Ended 31 May 2024 RISE e2e (Resilience Internet Safety Education end-to-end project) In September 2023 we launched our new education project RISE e2e (Resilience Internet Safety Education end-to-end project). RISE e2e is a unique school partnership programme for pupils, teachers and parents, centred around online skills and digital safety. This project has a sustained engagement with s¢hools over a period of a full academic session at its core. We achieved great success in the first 9 months of this project and have funding in place for year 2 reaching across London and South East England. In 2025 we will look to train our freelance speaker team to deliver the IUSE e2e work, allowing us greater reach across England. Breck Ambassador Programme We are exploring funding opportunities to deliver Breck Amb&ssador programme, most notably with the Office of Sussex Police and CriLne Commissioner, set to launch in 2024125. Game Over Play Game Over is an award-winning verbatim play by Mark Wheeller based on Breck's story for secondary school students. In this perio¢ we have redeveloped the Game Over Play project design into a four-tier offering for schools. Starting with the 'Basic Tutorial, level, the levels have an increasing convnitment from us and the school taking part, with the final 'Big Boss, level includÈng a pre-production workshop with Lorin LaFave Gordon, a Q&A session for parents and supporting educational workshops on predators and grooming. Funding received from The National Lottery Awards for All enabled us to reach schools and youth clubs across the South East, specifically with Youth Zones - we adapted the programme to include workshop5 relating to the play text that was a better for the environment and availability of the young people taking part. Breek Foundation Friends In September 2022 we launched a high-value supporter programme called Breck Foundation Friends {BBFs), this programme includes monthly donors, thndraisers, large donors (amounts over £100) and volunteers. For the period of 22123 we had 22 monthly donors. Complimentary to our BFFS, we are starting a Corporate BFFS programme. The CBFFS will include corporates who sponsor a project, fundraise as a company andlor give regular large donations. Communications and Events programme Our newly branded website continues to work well. regular blog posts and campaigns build traffic to the site. We said goodbye to our Communications & Events Officer in December 2023, recruitment began in 2024 with new employee Sabrina Garcia joining the team in March 2024. Work is underway to build on the excellent work and grow our online presence with new social media attention and event planning. In April 2024 we had fvndraisers take part in the London Landmarks Half Marathon, raising crucial funding for our work. Our special thanks go to all those who participated in these events for us. Media and Speaking Engagements During this period, our Founder and staff have made media appearances that have contributed to key policy discourses relating to children and their safety online. They are listed below. Television: BBC & ITV to discuss the Online Harrns Bill Debate at the House of Lords - GB News and Talk TV multiple times to discuss issues surrounding Brianna Ghey case, the dark web, 'Nature v Nurture, - Sky News about the Governrnent ban on mobile phones in schools - ITV & GB News regarding Ofcom's latest findings on smart phones and online cyber crimes BBC Breakfast with the Bereaved Families for Online Safety Group - advocating for stronger protections for our children online GMB to discuss Crucial topics about online safety, Snapchat, and how police handle situations involving young adults Radto". Page 6
The Breck Foundation Report of the Trustees for the Year Ended 31 May 2024 BBC Radi04 & BBC Parliament Radio regarding the House of Lords Online Harms Bill Debate LBC Radio to discuss Rishi Sunak's Facebook age restrictions United Christian Broadcasters & BBC Radio Sussex, Safer Internet Day, the work of Breck Foundation Times Radio with Rosie Wri1t discussing the urgent need for better online safety measures for children. Online News ArticlelNewspaper/MagazinelPodcast'. Sky and BBC News regarding the Online Harn]s Bill Debate - Metro News, l O-year anniversary of Breck's death and the foundation Easy Prey podcast, Beck's story and our core work Westminster e-forum policy conference, the OSA Policy? Advocacy & Campaigning In line with our five-year strategy, we continue to work closely with charities and organisations leading the way in policy in the online safety sector. In 2024 we will begin working with a freelance Public Affairs Advisor to support our engagement with government and the roll out of the Online Safety Act. The transition of CEOS has meant less focus in this space during 2023124 but moving forward into 2024125 will see a strong shift in attention to policy and campaigning at Breck Foundation. We continue to participate in the children's coalition with several other children's organisations. led by the 5Rights and NSPCC, to work on a series of 'children's amendments package for the Online Safety Act,. FINANCIAL REVIEW Principal funding sources At the end of 2023-24, after a deficit of income over expenditure of £41,890, Breck Foundation had balances totalling £46,010, of which £11,448 is unrestricted and £34,562 is restricted across multiple programmes and funds. A lot of our income comes from our individual donations and fundraising activities this amounts to 309/0 of our total income. A further 460/0 came from various grants for our education programme in schools and the remaining 240/0 is income generated through our paid Reserves policy Breck Foundation has a policy for holding a minimum reserve representing about three months, worth of operating costs and includes enough funds to meet any liabilities to its staff and other creditors should we find ourselves unable to continue operating. We also want to ensure that Breck Foundation can n]eet its liabilities in the event of an adverse effect on income generation. The reserve currently required is approximately £59,500. The current level of free reserves held by the charity is.- £11,448. This has been itnpacted in this financial year due to an error in how deferred income has been shown in the prior two years. There has been an adjustment made in the period under review to correct this and the total value of this adjustment was £92,928. This has been agreed between the board and our independent examiner to ensure that our policies are in line with what is required by us from Charities Commisskon. Our cuent level of free reserves as at 31 st May 2024 does not cover our reserves policy, however, this is Currently under revision and is to be discussed at the next AGM meeting. We are CUentlY in the process of ensuring our grant applications are followed through and aim to have our reserves back up to our policy within the next 12 months. Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the CIO has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. Page 7
The Breck Foundation Report of the Trustees for the Year Ended 31 May 2024 FUTURE PLANS Our Future Plans June 2024- May 2025 As previously stated, we will begin another round of recruitment for our Freelance School Engagement Officer (SEO) roles. The SEOS will be trained to deliver Breck Foundation sessions across the UK expanding our reach and abilities as a foundation. They will be key to realising our ambition to scale up our reach and impact across the country. RISE e2e: Continue to deliver into year 2 and seek funding for year 3 where possible. Training our freelance speaker team to deliver RISE e2e to grow our reach across the UK. Game Over: Continue to support any school wishing to perfonn Game Over and offer our services in forni of workshops looking at the script in detail. We are also working with a professional theatre company on an as live" production, approaching arts funders to allow us chance to film a professional production of the play that can be provided to schools across the UK. Breck Ambassadors: OSPCC funding to begin in 2024125 to deliver a Youth Ambassador programme across schools in Sussex. International: We are working on an international delivery programme, slarting with two independent schools in Singapore for delivery late 2024. This is a very exciting area of work for the foundation, allowing us to spread our message "the internet has no borders" and reach more children outside the UK with our life saving education. STRUCTURE, GOVERNANCE AND MANAGEMENT Members of the Board of Trustees Trustees Etnily Cherry (Chair) Rupert Coles Thomas Parry {Treasurer} Reem Willoughby Mark Harrington Tricia Cole Sarah Smith Appointed 0710612021 1111012023 1311012022 1211112019 1211112019 1410612022 1111012023 Resigned 1111012023 3110112024 2911012023 REFERENCE AND ADMINISTRATIVE DETAILS A special thanks to our funders We would like to thank the funders who have made grants to us during this period, that continue to make our work possible. .4pprni Ld bi, nTiler cil-ilIL hi)ard nl. Iriislt¢% É>ll Ind slLined 01) 114 hiliJlt h5" Page 8
Independent Examiner'5 Report to the Trustees of The Breck Foundation Independent examiner's report to the Irustees of The Bre¢k Foundation I report to the charity trustees on my examination of the accounts of The Breck Foundation (the Trust) for the year ended 31 May 2024. Responsibilities and basi5 of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities ACÈ 2011 ('the Act,). I report in respect of my exarnination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5){b) of the Act. Independent examiner's statement I have completed my examination. I confinn that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect- accounting records were not kept in respect of the Trust as required by Section 130 of the Act- or the accounts do not accord with those records- or the accounts do not Comply with the applicable requirements concerning the forn] 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 whtch attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Laurn J Drew Harris Lacey and Swain Suite I The Riverside Building Hessle East Yoikshite HU13 ODZ Date.. 8.7:, mo.ioh ..Q.o.25 Page 9
The Breck Foundation Statement of Financial Activities for the Year Ended 31 May 2024 2024 Total funds 2023 Total funds Unrestricted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 74,052 47,807 121,859 91,898 Charitable activities Charitable Activities Governance + Support Costs Delivery of Services 25,000 25,000 34,552 24,865 46.074 300 46,374 Other Income 50,738 99 50,837 104,949 Total 195,864 48,206 244,070 256,264 EXPENDITURE ON Raising funds 6,876 6,876 19,571 Charitable activitie5 Staff Costs Professional Fees 121,367 57,308 178,675 200,747 3,317 3,308 12,515 29,497 3,317 3,308 16,199 29,497 5,253 5,686 9,048 17,216 Prernises Governance + Support Costs Delivery of Services 3,684 Other 92,928 92,928 Total 269,808 60,992 330,800 257,521 NET INCOME/(EXPENDITURE) (73.944) (12,786) (86,730) (1,257) RECONCILIATION OF FUNDS Total funds brought forward 85,442 47,348 132,790 134,047 TOTAL FUNDS CARRIED FORWARD 11,498 34,562 46,060 132,790 The notes fotm part of these fmancial statements P2iyp i n
The Breck Foundation Balance Sheet 31 May 2024 2024 Total funds 2023 Total funds Unrestricted nds Restricted funds Notes FIXED ASSETS Tangible assets 10 1,942 1.942 1,753 CURRENT ASSETS Debtors Cash at bank 11,724 34,966 11,724 69,528 57,009 81,192 34,562 46,690 34,562 81,252 138,201 CREDITORS Amounts falling due within one year 12 (37,134) (37,134) (7,164) NET CURRENT ASSETS 9,556 34,562 44,118 131,037 TOTAL ASSETS LESS CURRENT LIABILITIES 11,498 34,562 46,060 132,790 NET ASSETS 11,498 34,562 46,060 132,790 FUNDS Unrestricted funds Restricted funds 13 11,498 34,562 85,442 47,348 TOTAL FUNDS 46,060 132,790 riiL IhL Fliiqr(I The notes fonn part of these financial statements Page Il
The Breck Foundation Notes to the Financial Statements for the Year Ended 31 May 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income Income received for services provided is accounted for on an accruals basis. Cash donations, gifts and legacies are included in full in the income and expendimre account as they are receiv¢d. Any significant non-cash donations are included in the income and expenditure account at the trustees, estimate of their market value when received. The value of voluntary help is not included in the accounts. Grants and other funding of a revenue nature are defeed and released to the income and expenditure account over the period to which they relate. Bank interest is included in the income and expenditure account on an accruals basis. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated use1 life. Computer equipment 33 % on cost Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when fimds are raised for particular restricted purposes. Further explanation of the nature and purpose of each nd is included in the notes to the financial statements. Hire purchase and leasing commitments Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the perÈod of the lease. Pension eosts and other post-retirement benefits The charity operates a defmed contribution pension scheme. Contributions payable to the charitys pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 12 continued...
The Breck Foundation Notes to Ihe Financial Sta¢¢ments- continued for the Year Ended 31 May 2024 ACCOUNTING POLICIES- continued Estimates and judgements Estimates and judgements are continually evaluated and are based on historical experience and other factors, includino expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors, best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements. Financial instruments The company only has fmancial assets and fmancial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors ar¢ initially recognised at transaction value and subsequently measure at their settlement value. DONATIONS AND LEGACIES 2024 2023 Donations Gift aid Grants 10,897 29,838 145 61,915 110,962 121,859 91,898 Page 13 continued...
The Breck Foundation Iyotes to the Financial Statements - continued for the Year Ended 31 May 2024 DONATIONS AND LEGACIES- coDtinu¢d Grants Received, are as follows.. 2024 2023 Ardonagh Community Trust Balderton Capital Barbard Ward Children's Foundation Brian Murtagh Charitable Trust Chalk Cliff Trust City Bridge Community Foundation for Surrey Gakkas Trnst Garfield Weston Foundation Grocers, Charity Harrow Safer Neighbourhood Board John Lyon's Charity Monica Rabagliati Charitable Trusl National Lottery Community Fund (Award for All) Sackler Trust Serco Simon Gibson Charitable Trust 5,000 10,000 14,000 7,000 3.000 6,000 4,767 14.302 10,000 3.000 25,000 25,000 5,000 2,968 20,000 5,000 10,000 15,000 20,000 5,000 7,000 4,238 4,238 117,307 108,206 Grants deferred in flnancial year ended 31 May 2024: 2024 2023 Barbara Ward Children's Foundation Brian Murtagh Charitable Trust Community Foundation for Surrey Garfield Weston Foundation Grocers, Charity Harrow Safer Neighbourhood Board John Lyon's Charity Monica Rabagliati Charitable Trust National Lottery Community Fund (Awards for All) Sackler Trust Simon Gibson Charitable Trust City Bridge Tnt Serco Foundation Chalk Cliff Balderton 6,416 5,250 1,750 1,000 4,167 416 720 15,000 5,000 7,500 1,250 4.238 6,667 5,000 1,766 3,178 1,750 1,192 1,667 27,636 46,291 Summary 2024 2023 Grants Received Grants Deferred Grants R¢leas¢d 117.307 (27,636} 46.291 108,206 (46,291) Total 135,962 61,915 Page 14 continued...
The Breek Foundation Notes to the Financial Statements - continued for the Year Ended 31 May 2024 OTHER INCOME 2024 2023 Fundraising events 50,837 104,949 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Foundation Presentations Shop Income Grants 46,374 23,283 1.582 34,552 25,000 71,374 59,417 The grants received as part of the charitable activities are unrestricted. During the 2024 financial year, the grant received was from Garfield Weston Foundation only. The amount received was £25,000 (2023- £25,000). During 2023, some smaller unrestricted grants were also received. totalling 9,552. SUPPORT COSTS Other Costs Governance costs Totals Staff Costs Professional Fees 178,675 178.675 3,317 3,317 3,308 16,199 29,497 Premises Governance + Support Costs Delivery of Services 3,308 16.199 29,497 227,679 3,317 230,996 OTHER Net incomel(expendiMre) is stated after Chargin{crediting)'. 2024 2023 Independent Examiners, remuneration Depreciation - owned assets Prior Year Correction (see note on page 22) 2.370 1,620 92,928 1,500 1,195 Page 15 continued...
The Breck Foundation Notes to the Financial Statements - continued for the Year Ended 31 May 2024 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 May 2024 nor for the year ended 31 May 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 May 2024 nor for the year ended 31 May 2023. STAFF COSTS 2024 165,491 7,940 5,244 2023 171,094 16,815 5,063 Gross Wages Employers Nl Employers Pension 178,675 192,945 The average monthly number of employees during the year was as follows.. 2024 2023 Staff No employees received emoluments in excess of £60,000. During the period under review. key management personnel were remunerated as follows.. 2024 2023 Total Remuneration 55,980 56,650 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted nds Total fimds INCOME AND ENDOWMENTS FROM Donations and legacies 29.981 61,9l7 91,898 Charitable activiti¢s Governance + Support Costs Delivery of Services 34,552 24.865 34,552 24,865 Other Income 104,949 104,949 Total 194,347 61,917 256.264 EXPENDITURE ON Raising funds 19,071 500 19,571 Charitable activities Staff Costs 143,857 56,890 200,747 Page 16 continued...
The Breck Foundation Notes to the Financial Slatements- continued for the Year Ended 31 May 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted Restricted funds funds Total nds Professional Fees 5,253 5,355 8,783 17,216 5,253 5,686 9,048 17,216 Premises Governance + Support Costs Delivery of Services 331 265 Total 199,535 57.986 257,521 NET INCOME/(EXPENDITURE) (5,188) 3,931 (1,257) RECONCILIATION OF FUNDS Total funds brought forward 90,629 43,418 134.047 TOTAL FUNDS CARRIED FORWARD 85,441 47,349 132,790 io. TANGIBLE FIXED ASSETS Fixtures and fittings Computer equipment Totals COST At l June 2023 Additions Disposals 986 2,948 2,794 3,934 2,794 (986) (986) At 31 May 2024 5,742 5,742 DEPRECIATION At l June 2023 Charge for year Eliminated on disposal 986 ,195 2,605 2,181 2,605 (986) (986) At 31 May 2024 3,800 3.800 NET BOOK VALUE At J l May 2024 1.942 1,942 At 31 May 2023 1,753 1,753 Page 17 continued...
The Breek Foundation Notes to the Finaneial Statements- continued for the Year Ended 31 May 2024 ii. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Other debtors Prepayments 9,456 9,747 44,971 2,291 2,268 11,724 57,009 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Taxation and social security Other Creditors 3,803 3,325 30,006 fv19 5,003 1,512 37,134 7,164 13. MOVEMENT IN FUNDS Net Movement in funds At 31.5.24 At 1.6.23 Unrestricted funds General fund Education Sessions - Non Funded Freelance 85,442 { LOO,408) 22,184 4,280 (14.966) 22,184 4,280 85,442 (73,944) 11,498 Restricted funds Breck Ambassadors Education Sessions - Funded Game Over Rise E2E Educational Presentations 21,175 (21,175) 14,308 12,499 7,755 (26.173) 14,308 12,499 7,755 26,173 47,348 (12,786) 34,562 TOTAL FUNDS 132,790 {86,730) 46,060 Page l8 continued...
The Breck Foundation Notes to the Financial Ststemenls- continued for the Year Ended 31 May 2024 13. MOVEMENT IN FUNDS- continued Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund Education Sessions - Non Funded Freelance 155,410 23,648 16,806 (255,818) (1,464) (12,526) (100,408) 22,184 4,280 195.864 (269,808) (73,944) Restricted funds Breck Ambassadors Education Sessions - Funded Game Over Rise E2E Educational Presentations {21.175) 50,934 16.972 27,648 {26, [73) (21,175) 14,308 12,499 7,755 {26,173) (36,626) (4,473) (19,893) 48,206 (60,992) {12,786) TOTAL FUNDS 244,070 (330,800) {86,730) Comparatives for movement in funds Net movement in funds At 31.5.23 At 1.6.22 Unr¢stricted funds General fimd 90,629 (5,187) 85,442 Restricted funds Betsy Foundation Breck Ambassadors Cotnmunity Foundation for SueY D C R Allen Charitable Trust David Solomons Charitable Trust Gallus Trust Leigh Trust National Lottery Community Fund (Awards for All) Syder Foundation Educational Presentations 1.401 21,044 7,400 4,356 500 3,000 1,034 (1,401) 131 (7,400) (4,356) (500) (3,000) (1,034) 21,175 3,561 1,122 {3,561) {1,122) 26,173 26,173 43,418 3,930 47,348 TOTAL FUNDS 134,047 (1,257) 132,790 Page 19 continued...
The Breck Foundatio Notes to the Financial Statements- continued for Ihe Year Ended 31 May 2024 13. MOVEMENT IN FUNDS- continued Comparative net movement in nds, included in the above are as follows.. Incoming resources Resources expended Movement in fidS Unrestrieted funds General fund 194,347 (199,534) (5.187) Restricted funds Betsy Foundation Breck Ambassadors Community Foundation for Surrey D C R Allen Charitable Trust David Solomons Charitable Trust Gallus Trust Leigh Trust National Lottery Community Fund (Awards for All) Syder Foundation ED Programme Educational Presentations (1,40I) (21,045) (6,873) (1,408) (500) (2,577) (1,401) 131 (7,400) (4,356) (500) (3,000) (1,034) 21,176 (527) (2,948) (423) (1,034) (324) (284) 20,108 26,173 (3,237) (838) (20,108) (3,561) (1.122) 26,l73 61,917 (57,987) 3,930 TOTAL FUNDS 256,264 {257,521) (1,257) Page 20 continued...
The Breck Foundation Notes ¢0 the Financial Statements - continued for the Year Ended 31 May 2024 13. MOVEMENT IN FUNDS- continued A Current year 12 Lnonths and prior year 12 months combined position is as follows.. Net movement in funds At 31.5.24 At 1.6.22 Unrestricted funds General fund Education Sessions - Non Funded Freelance 90,629 (105,595) 22,184 4,280 (14,966) 22,184 4,280 90,629 (79,l31) 11,498 Restricted funds Betsy Foundation Breck Ambassadors Community Foundation for Surrey D C R Allen Charitable Trust David Solomons Charitable Trust Gallus Trust Leigh Trust National Lottery Community Fund (Awards for All) Syder Foundation Education Sessions - Funded Game Over Ris¢ E2E 1,401 21.044 7.400 4,356 500 3,000 1,034 (1,401) {21,044) (7,400) (4,356) (500) (3,000) (1,034) 3,561 1,122 (3,561) (1.122) 14,308 12,499 7,755 14,308 12,499 7,755 43,418 (8,856) 34,562 TOTAL FUNDS 134,047 (87,987) 46,060 Page21 continued...
The Breck Foundation Notes to the Financial Statements- continued for the Year Ended 31 May 2024 13. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows- Incoming resources Resources expended Movement in fvnds UnresÉrieted funds General fill)d Education Sessions - Non Funded Freelance 349,757 23,648 16,806 (455,352) {1,464) (12.526) (105,595) 22,184 4,280 390.211 (469,342) (79,131) Restricted funds Betsy Foundation Breck Ambassadors Community Foundation for Surrey D C R Allen Charitable Trust David Solomons Charitable Tnt Gallus Trust Leigh Trust National Lottery Community Fund (Awards for All) Syder Foundation ED Protrramme Education Sessions - Funded Game Over Rise E2E (1.401) (21,045) (6,873) (1.408) (500) (2,577) (I,401) (21,044) (7,400) (4,356) (500) (3,000) (1,034) {527) (2,948) {423) (1,034} (324} (284} 20,108 50,934 16,972 27,648 (3,237) (838) (20,108) (36,626) (4,473) (19,893) (3,561) (1,122) 14,308 12,499 7,755 110,123 (118,979) (8,856) TOT AL FUNDS 500,334 (588,321) (87,987) 14. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 May 2024. 15. PRIOR YEAR CORRECTION In the 2023 accouts, there is an error in how deferred incotne has been calculated and as a result a duplication of income was recorded. There has been an adjustment made in the period under review to correct this and the total value of this adjustment was £92,928. This has been agreed between the board and our independent examiner to ensure that our policies are in line with what is required by us from Charities Commission. Page 22