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← Together For The Common Good

2024-03-31-accounts

Together for the COMMON GOOD

Annual Report & Accounts 1 April 2023 – 31 March 2024

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Contents

Annual Report
Reference and administrative details of the charity 2
Chair’s foreword 3
Report of the trustees 4
Review of 2023-24 5
Delivering public benefit 9
Planning for 2024-25 10
Structure, governance and management 11
Pro bono support, volunteers and help in kind 12
Financial review 13
Independent examiner’s report 14
Financial statements
Statement of financial activities 15
Balance sheet 16
Notes to the unaudited financial statements 17

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1

TOGETHER FOR THE COMMON GOOD

Annual Report and Unaudited Financial Statements for the year ending 31 March 2024.

Registered Charity number

Together for the Common Good is a charitable incorporated organisation registered with the Charity Commission in England and Wales under charity registration number 1172113.

Trustees

Richard Holman (Chair and Treasurer)

Edward Hadas

David Smith

Officers

Founder and Director: Jenny Sinclair (full time)

Team Support Worker: Louise Lambert (part time)

Common Good Schools Project Leader: Jo Stow (part time)

Head of Communications: Ben Curran (part time)

Registered office

11 Genoa Avenue, London SW15 6DY

Website

www.togetherforthecommongood.co.uk

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2

CHAIR’S FOREWORD

We live in a troubled time.

2023-24 saw further instability and division within society. Longstanding socio-economic weaknesses put further pressure on our poorest communities. Governments failed to address the underlying drivers of upheaval, colluding with global corporates who accrued more power, undermining agency at local level.

Geopolitical conflict, in particular the Russia-Ukraine war, added to economic difficulties, whilst the Israel-Gaza conflict and unprecedented levels of immigration exacerbated antisemitism and social tensions on the streets of the UK. Western countries experienced increasing elite pressure to conform to progressive ideologies, generating blowback from socially conservative majorities.

Meanwhile profound change continued to affect the churches in the UK. Some saw congregations re-energised by the inflow of Christian refugees and migrants from Eastern Europe, India, Africa and Hong Kong. However, many more faced the brutal reality of decline, as churches closed and parishes merged, despite efforts to turn the tide. Some were preoccupied by ideological and theological division while others found a growing sense of calling to ministry in poor communities.

But there is hope. Dedicated to spiritual and civic renewal, the work of Together for the Common Good goes to the heart of the big issues facing the church and society. Drawing on the framework of Catholic Social Thought and its vision of a common good political economy, this year, as ever we promoted a constructive alternative and built confidence among Christians across all traditions. In defiance of this malign culture, joining together with God and with neighbour builds a genuine solidarity that generates life-giving energy and keeps us human.

We operate with no illusions about the seriousness of the new era that is upon us. In these dark times, our aim is to seed and support “common good thinking” in the church, schools, politics and wider society to strengthen communities, bridge divides and enable human flourishing.

In the past year, our thought leadership work reached over 1,100 church leaders through our talks and training sessions. We produced 41 resources and responded to over 100 requests for advice from a wide variety of Christian leaders and organisations. Our Common Good Schools programme was used by 6 schools and engaged over 1,563 young people. And with our Leaving Egypt podcast, we are now reaching far beyond the UK, engaging listeners in 64 countries.

Together for the Common Good is unique. We are the only Christian charity specialising in the practice and interpretation of the common good to deliver civic and spiritual renewal. Our growth is a testament to the wonderful work of our team and growing network.

At such a time as this, and in an increasingly challenging environment, we warmly invite individuals who share this vision to partner with us this year in this vital mission.

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Chair

Together for the Common Good

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3

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

The trustees present their annual report and financial statements of the charity for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s Memorandum and Articles of Association, the Charities Act 2011 and 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 published on 1/01/2019.

Overview

Together for the Common Good (T4CG) is a small independent UK-based Christian charity dedicated to spiritual and civic renewal. Our work draws from across the Christian traditions and from the insights of Catholic Social Thought. We call this ‘common good thinking’. We believe it holds the key to addressing many of the challenges facing society and our churches today. It can help to ignite passion, reimagine vocation and encourage people to join in the reweaving of our broken social fabric. It starts by building relationships.

We are one organisation with many strands to our work.

We support and influence leaders across the churches and give talks, keynotes and sessions for a wide range of Christian organisations.

We hold public conversations to raise the profile of Common Good thought leadership and to inform and inspire Christian leaders.

We equip young people for an uncertain future by training teachers to deliver our Common Good Schools programme.

We engage in advocacy, respond to requests for advice and contribution, and fulfil several formal advisory roles.

Because we always work in partnership, T4CG achieves far more than would be expected for a charity of its size, and our small and effective team is boosted thanks to many associates working pro bono.

Our guiding principle: the Common Good

The Common Good is an ancient idea shared by many traditions. Our understanding has its roots in the Jewish and Christian traditions, reflected in Scripture:

“Seek the welfare of the city where I have sent you… for in its welfare you will find your welfare.” Jeremiah 29:7

We define the Common Good as follows:

The shared life of a society in which everyone can flourish – as we act together in different ways that all contribute towards that goal, enabled by social conditions that mean every single person can participate.

We create these conditions and pursue that goal by working together across our differences, each of us taking responsibility, according to our calling and ability.

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4

REVIEW OF 2023-2024

This report covers the 12 months to 31 March 2024.

Together for the Common Good is dedicated to spiritual and civic renewal. This year our work involved building the capacity of Christian leaders, teachers, young people and the wider public to play their part for the common good. Our activities were focused through following integrated strands:

  1. Providing thought leadership through bespoke sessions, talks, newsletter, online content, advisory roles and relationship building, equipping leaders with common good thinking to enable them better to navigate this period of instability

  2. Producing resources to help churches discern their unique vocation for the common good

  3. Convening public talks addressing big issues through the lens of the common good

  4. Equipping schools to be a force for the common good in the neighbourhood

Thought Leadership

Talks and sessions

This year we delivered 23 inputs – bespoke keynotes, interviews, forums and sessions – helping an estimated 1,100 leaders read the signs of the times and discover common good thinking. We were invited to contribute and design content for a variety of settings. Examples include:

St Vincent de Paul Society of England and Wales, Association of Italian Catholic Teachers (Italy), TheAscent Discipleship programme, Caritas Plymouth, Clifton Diocese Adult Formation, St Ethelburgas Centre for Peace and Reconciliation, Journey of Hope leadership training, European Justice and Peace Commission, The Manna Journey podcast, Northern Diaconal Formation Partnership, Catholic Social Action Network, Leaving Egypt Forum, Common Good Journey Forum, Centesimus Annus Foundation, Theological Faculty of Emilia Romagna at Bologna University, Island Spirituality Network (Isle of Man), Manx Radio, Community Organisers UK.

T4CG Newsletter

The T4CG Newsletter goes to over 2,000 subscribers. In the period, 8 editions were published, each featuring originally commissioned content, bespoke talks, guest articles, latest podcast episodes, updates about our Common Good Schools programme, plus recommended books and selected articles on current affairs.

New online content

We commissioned, edited and published 41 resources, stories and essays by leading thinkers and grassroots practitioners. This original content was disseminated widely and added to the T4CG website resource.

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5

Advisory roles

During this period, we responded to over 100 requests from a range of organisations and individuals, too many to name here. These included individual leaders, cathedrals, churches, charities and networks. We gave advice, made verbal and written contributions and provided coaching on a one-to-one basis and in groups. In addition, our director fulfils several formal advisory roles, for example serving as a trustee of the Common Good Foundation, and as a member of Caritas Social Action Network’s Reference Group.

Strategic relationships

As a matter of course, our work is relational in character. The T4CG network consists of an informal, growing coalition of many organisations and leaders across the Christian traditions and beyond. This year, we built new relationships and facilitated strategic introductions, and as ever, all our activities were carried out in partnerships, some of which are named in this report.

Resources

Leaving Egypt Podcast

This year we launched the Leaving Egypt podcast, co-hosted by T4CG’s director Jenny Sinclair along with Canadian missional leader and theologian Alan Roxburgh. Together with guests, they explore what it means to be God’s people in an age of unravelling, reading the signs of the times and hearing grassroots stories of hope. 16 episodes were produced in the period. Serving Christian leaders and the local church around the world, our listeners this year came from 64 countries. Leaving Egypt is hosted on Substack which is enabling us to host monthly online discussion forums and to cultivate a growing community of church leaders interacting with podcast content.

Episodes featured guests including Mary Publicover, Barry Jung, Maurice Glasman, Mark Lau Branson, Nick Graves, Avril Bagient, Graham and Mairi McBain, Edward Hadas, Karen Reed, Hannah Vaughan-Spruce, Tim Wray, Matthew Petrusek, Roy Searle, Bill Cavanaugh, Xenia Chan, and Phillip Ullmann.

Parish resource

T4CG hosted a group for church leaders using Common Good Journey, our parish material, providing peer to peer support for the participating parishes.

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6

Public talks

In person and livestreamed events

Each year we hold public talks where leading thinkers address big questions within the framework of the common good. This year we concluded our 2022-2023 Lincoln Lecture Series, which was run in partnership with Lincoln Cathedral and CCLA. The series explored the questions “How can common good theology help us play our part in spiritual and civic renewal?” Topics addressed the economy, work, nature, freedom, social peace, politics and civic life. The lectures featured speakers from different traditions drawing on Catholic Social Teaching, exploring how the Christian tradition can be a blessing on public life.

This year in total we convened six in-person audiences for at least 180 leaders. And, with simultaneous public livestreaming, linking up live with Lincoln Cathedral, we reached more than 1,000 viewers online. After each lecture, our invited audience of Christian leaders joined with the speaker in a round table discussion. This served as an intense learning experience for all present and forged relationships across Christian traditions.

During the year we hosted the last six lectures in the series, featuring Professor Adrian Pabst, Lord Glasman, Dr Jon Cruddas MP, Professor Alison Milbank and Sr Helen Alford. The series came to an end with the ninth and final lecture in November 2023. Building on the success of this series we launched the T4CG 2024-2025 Series in February 2024, featuring Professor Matthew Petrusek, on the common good response to identity politics.

Making more of the content

To extend the reach of the rich content of these talks, we launched a Together for the Common Good podcast channel. Like the Leaving Egypt podcast, this is hosted on Substack which enables a community to grow around the content. This year the content was accessed by listeners from 25 countries.

Schools

In these times of unravelling, our young people are facing a more confused and uncertain future than ever before. It is vital that they are formed with the skills to thrive in this environment. By building a sense of mutual responsibility and creating relationships within our local communities, our young people can play a significant role in resisting the continuing fragmentation we are witnessing in society.

Common Good Schools programme

Our 10-week Common Good Schools programme is designed for 11-16s in school and youth settings. The programme fosters character development and teaches the principles of common good thinking in practice and cultivates a respect for others, the importance of good relationships, while demonstrating good stewardship and valuing community. This year the programme was delivered in 6 partner schools across the country.

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7

Resourcing our partner schools

This year we completed the construction of our online portal providing access to the programme’s full suite of digital resources and developed a membership area.

We delivered CPD sessions for our partner schools’ teachers to deepen their knowledge of common good thinking beyond the course programme.

Further, we created a unique Lent resource for schools to use which links to the Common Good Schools programme.

We also launched a dedicated monthly Newsletter to serve teachers, chaplains and others with an interest in building the common good in a school setting.

Strategic Relationships

Our work is relational in nature. Schools that join the Common Goods Schools programme become our partners, and we forge strategic relationships with organisations who share our vision. For example, we this year we became members of the parachurch network Growing Faith Foundation and the CSAN Youth Alliance. Partnerships were developed with Catholic Schools Ministry International and the Archdiocese of Modena in Italy.

Communications

This year’s communications strategy focused on positioning T4CG’s thought leadership role and growing new audiences, both through greater emphasis on the director’s work, and through the launch of the Leaving Egypt podcast and the T4CG podcast channel. In addition, weekly social media posting on Twitter/X, LinkedIn, Instagram and Facebook resulted in steady growth across all metrics.

Strategy, Infrastructure and Sustainability

In line with our 2022 Strategic Review, we continued to follow our three-year plan for 20232025, making adaptations as required.

Our risk assessment practice was ongoing throughout the period and strategic decisions were taken in order to achieve optimum leverage of our small staff team.

In an increasingly challenging fundraising environment, we continued with our major gifts strategy and made progress with our aim to achieve a sustainable mix with other revenue streams such as podcast subscriptions, earned income, fees and regular donations.

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8

Delivering public benefit

In planning our activities this year, the trustees have given consideration to the duties set out in section 17(5) of the Charities Act 2011 to have due regard for public benefit guidance published by the Charity Commission.

Objects

The object of the CIO is the furtherance for the public benefit of the following purposes in a manner which promotes moral and ethical principles based on the notions of human dignity, mutual respect and understanding, honesty and fairness and civic responsibility:

  1. promoting religious harmony and equality and diversity

  2. promoting community capacity building in socially or economically disadvantaged communities

  3. relieving poverty by undertaking or supporting research into inequality and other factors that contribute to poverty and the most appropriate ways to mitigate these.

The trustees are confident that T4CG’s aims and objectives fulfil the criteria. The trustees do not anticipate any change in the future to this operational approach.

Our approach

T4CG’s primary aims are to tackle social and economic disadvantage and social fragmentation, and we do this in ways set out earlier in this document.

We do this by calling people of goodwill to fulfil their vocational responsibility, put Common Good principles into practice where they live and work, to build relationships and work together across their differences.

We believe the church has a legitimate, distinctive part to play and that revitalising its vocation is critical for civic and spiritual renewal.

We work mainly across the Christian traditions but also with people and organisations of other faiths and non-religious backgrounds. Beneficiaries are not restricted by faith, gender, ethnic origin, disability, age or sexual orientation.

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9

Planning for 2024-2025

2024-2025 is set to be another year of instability with indications pointing to a further deterioration in social trust. This only strengthens our dedication to civic and spiritual renewal and the urgency of promoting the common good. We will pursue this by focusing our influence in the following ways:

Using Catholic Social Thought as a framework we will continue to help people read the signs of the times, to navigate well and discern their unique vocation for the common good.

Across all our work we will build confidence in common good thinking amongst Christian leaders by working with and convening groups across traditions. To achieve this, we will work with our longstanding partners and seek to build relationships with new partners who share our vision.

We will continue to invest in communications to extend our reach and expose more people to common good thinking.

We will respond to as many requests for advice as capacity allows, and contribute to other organisations’ projects, through formal and informal advisory roles.

We will deliver bespoke sessions and coaching for Christian leaders, groups, charities and other organisations.

We will commission stories, essays and resources and disseminate original content through the T4CG website, newsletter, across our social media platforms and through third parties.

We will produce fortnightly episodes of the Leaving Egypt podcast, in partnership with Alan Roxburgh, and build our community of Christian leaders around the podcast.

We will provide common good thought leadership through public talks and events. Through our hybrid model we will reach more people via livestream and convene invitation-only, inperson round tables for leaders around critical issues. We will build up our T4CG podcast platform with this content to resource wider audiences.

We will equip more young people for an uncertain future by training more schools to use our ten-week Common Good Schools programme. We will launch new, free resources for the General Election and for Advent, and continue our successful programme of CPD sessions for our partner schools.

We will continue to convene a forum for leaders using our Common Good Journey material, providing peer to peer support for parishes engaging with grounded experiments.

In 2024-2025 we plan to continue our efforts in securing funding to consolidate the current level of activity for the next three years. It is our aspiration to secure sufficient funding through a mix of major gifts, earned income and regular donations.

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10

Structure, governance and management

T4CG is a creative initiative which has evolved organically and as such its character is unique. At the same time, T4CG fulfils conventional governance obligations.

Governing documents

T4CG is a CIO registered with the Charity Commission. It is governed by its Constitution of 14 June 2016 which was registered by the Charity Commission on 16 March 2017. The charity number is 1172113. The CIO’s area of activity is primarily, but not exclusively, the UK.

Trustees

Trustees are identified through existing networks and advertising. They are selected and appointed by the Board. In selecting trustees, the Board pays regard to the balance of skills and experience required, the need for capacity to develop the charity, the need for continuity, and the beneficiaries the charity seeks to serve. There is a trustee induction programme in place and a rolling programme of recruitment. The trustees serve on sub-committees as needed and report to the main Board.

The current composition of the trustees is set out on page 2. In the coming year, the T4CG Board aims to expand modestly.

Management and organisational structure

Responsibility for the implementation of strategy and planning was delegated to the management team, with day-to-day management delegated to the founder director.

Capacity was significantly boosted by volunteers and associates contributing on a pro bono basis, both individually and via working groups convened and coordinated by the staff team to address different strands of the work. Professional assistance was retained where required.

Formal reporting to the Trustee Board took place four times during the year, with additional interim updates.

Risk management

The trustees have conducted a review of the major risks to which the charity is exposed. These risks are monitored throughout the year and updated annually. A risk register is used to support this. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces, and the management of risks are owned by the appropriate personnel. Different risks are assessed by the most appropriate people: the full Board, the trustee sub-committees, and the staff team. Regardless of who manages the risk, all risks are reported to the full Board, with key risks assessed at each meeting.

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11

Pro bono support, volunteers and help in kind

T4CG achieves more than would be expected of a charity of its size thanks to strong pro bono support, augmenting T4CG’s small staff team, which this year was 1.9 FTE.

During 2023-2024, T4CG benefited from at least 30 people generously contributing in practical ways to different areas of our work.

T4CG punches above its weight due to a wide range of active working relationships. It is impossible to name all the organisations and individuals involved, but some appear in this report.

Sincere thanks to those who generously gave strategic advice, to all those friends of T4CG praying for the work and those providing moral support.

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12

Financial Review

The achievements of 2023-24 have been made possible thanks to a number of trusts and individual donors whose generous support funded key projects and the salaries of T4CG’s key officers.

Review of the charity’s financial position at the end of the period

During the year to 31 March 2024, T4CG’s total income amounted to £99,482 and expenditure came to £113,389.

There was a deficit on unrestricted funds of £3,240 and a deficit on restricted funds of £10,667. The cumulative deficit on restricted funds was offset by a transfer of £9,795 from unrestricted funds.

Net assets at 31 March 2024 were £44,793.

In 2023-24, T4CG’s work was made possible by a range of trusts, individual gifts and a small number of committed regular individual donors. We are grateful to all those who have supported our work. In particular we appreciate the backing of CCLA, a longstanding partner and one of the UK’s leading ethical investment fund managers and home of the Catholic Investment Fund, for the 2023 programme of public talks.

Going concern

See note 1.2 on page 17.

Reserves policy

The trustees’ policy on reserves is to hold sufficient funds to cover salaries and the other repeat operating costs of the charity for a minimum of six months to ensure that the charity is not at risk in the event that expected income does not materialise or is delayed. The unrestricted reserves of £44,793 at 31 March 2024 fell short of that target but it was achieved again subsequent to the end of the financial year.

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Richard Holman, Chair

Date: 27 October 2024

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13

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TOGETHER FOR THE COMMON GOOD I repart to the trustees on my examination of the finan¢l statements ofTogetherforthe GoFYuMn fknj (the chatyl for Ihe yearKled 31 Match 2024. whKh ae Set (xrton pw 15 to 23. RESPONS]BILmES AND BASIS OF REPORT As the trustees of Ihe tharity. you are respons￿le for the prepion oflhe fwbancHI st￿nts a￿%)rda1￿ wrth the requirerrEnts ofthe Charths Act 2011 (the 2011 kt). I report in respect of my &xamination ofts chanty's h￿cial stste￿Ents Carl￿ out undersectk)n 145 ofthe 2011 Act and in rarying out rry Examinalion, I have followed all the apble Directtons given by the Chwty CoTrKrthsswJn urmjer secti)n 145 {5)Ib) of the 2011 £t An irwJepeFthnt examination does rtot invO￿e gatherng all the ewdence th would be requwed tn an audit and cOnsequen￿Y does not cover all the mters th8t an auditor consider5 in giving their opinion on the fin8rtiaS Statémen￿ Th@ ptanning and eondud of an audit go the linThted asyjrdn t an indyndent examination can provide. Cortsequenty, l exptess no opinion as to whethw the finarKial statements present a Irue and fair VI￿ and my rewrt i% limi￿ to those spth matters sét out in the jllde￿nde￿t eXa￿anerS State￿rtL INDEPENDEpif EXAMINER'S STATEMENT act￿n11ng re(￿dS wer8 not ka& in respect of the ctharity as rBqur8d by sèdt(y1 130 ofthe 2011 the finarwial slatements do not xcord with those r￿ord& or the financial s18temnts do not rx)mply with the applmxble requrements I￿ncernIng fomi and content of financi31 statements set out in the Chanties IAettHJnts and ReFQrts) Regu]thor6 2008. otherthan any req￿￿ment that the financÈal statements give a and far view., which is a mrcon5idered as part of an indgFend&nt examination. attenlion should be drawn in teport in trder to enable a wcyer Unde￿Ing ofthe NTh: Edulp J A Name 0tapp￿rabk listed bcth: AsscrHtNm ofAccounkng TeChn￿lanS Relevant [￿OfeS￿nal qu8lifi￿tion or mem￿￿ of professi)nal toty. A(xOUntw￿ TethnKyaJ On behaifot E J AvarÈ & Co Ltd. 178 Ro& Harr(Av, Middlesex HA2 OSN ri B.COK IAAAT IQ, Ock 14 TOGETHER FOR THE • COMMON GOOD

TOGETHER FOR THE COMMON GOOD

Statement of financial activities

For the year ended 31 March 2024

2024 2023
Unrestricted Restricted Total Unrestricted Restricted Total
funds income funds funds income funds
funds funds
£ £ £ £ £ £
Incoming resources (Note 3)
Income from:
Donations and grants 83,654 7,250 90,904 111,611 10,000 121,611
Charitable activities 8,441 - 8,441 1,170 - 1,170
Bank interest 137 - 137 126 - 126
Total 92,232 7,250 99,482 112,907 10,000 122,907
Resources expended (Note 4)
Expenditure on:
Raising funds 3,958 - 3,958 3,997 - 3,997
Charitable activities 89,025 17,917 106,942 74,915 32,009 106,924
Governance 2,489 - 2,489 3,011 - 3,011
Total 95,472 17,917 113,389 81,923 32,009 113,932
Net income/(expenditure) (3,240) (10,667) (13,907) 30,984 (22,009) 8,975
Transfers between funds (9,795) 9,795 - (4,896) 4,896 -
Net movement in funds (13,035) (872) (13,907) 26,088 (17,113) 8,975
Reconciliation of funds:
Total funds brought forward 57,828 872 58,700 31,740 17,985 49,725
Total funds carried forward 44,793 - 44,793 57,828 872 58,700

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TOGETHER FOR THE COMMON GOOD

Charity number: 1172113

Balance sheet

At 31 March 2024

Unrestricted Restricted Total at Total at
funds income 31 March 31 March
funds 2024 2023
£ £ £ £
Current assets
Debtors (Note 7) 1,351 - 1,351 625
Cash at bank and in hand (Note 9) 55,398 - 55,398 61,515
Total current assets 56,749 - 56,749 62,140
Creditors: amounts falling due within 11,956 - 11,956 3,440
one year (Note 8)
Total net assets 44,793 - 44,793 58,700
Funds of the Charity (Note 11)
Restricted income funds - - - 872
Unrestricted funds 44,793 - 44,793 57,828
Total funds 44,793 - 44,793 58,700

The financial statements were approved by the board of trustees and authorised for issue on 27 October 2024

Signed by two trustees on behalf of all the trustees

……………………………………………… (Richard Holman – Chair and Treasurer)

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……………………………………………… (David Smith – Trustee)

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TOGETHER FOR THE COMMON GOOD

Notes to the unaudited financial statements

Year ended 31[st] March 2024

Note 1 Basis of preparation

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

The charity constitutes a public benefit entity as defined by FRS 102.

1.2 Going concern

The charity relies on grant and donation income to meet a high proportion of its expenses. The charity revised its fundraising strategy in 2022-23, having been advised by its main grant funder in recent years that its priorities had changed and that they would not be able to provide further support for our activities. We have been successful in obtaining substantial multi-year donation commitments from several private supporters and we are continuing to work to expand this group.

A cash flow forecast prepared for trustees shortly before the approval of these financial statements confirmed that funds received since the end of the accounting period, taken together with confirmed donations not yet received and firm commitments from donors, will be sufficient to maintain the current level of activity for the full twelve months from the date of signature of the report.

The trustees have a strict policy that no expenditure commitments will be made that exceed available resources.

The trustees are therefore satisfied that it is appropriate to prepare the accounts on a going concern basis.

1.3 Changes of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in this note 1. The policies are the same as those applied in the previous period.

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

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TOGETHER FOR THE COMMON GOOD

Notes to the unaudited financial statements (contd)

Year ended 31[st] March 2024

Note 2 Accounting policies

2.1 INCOME

The following accounting policies have been applied by the charity:

Recognition of These are included in the Statement of Financial Activities (SoFA) when:
income
· the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
· the monetary value can be measured with sufficient reliability.
Offsetting There has been no offsetting of assets and liabilities, or income and expenses,
unless required or permitted by the FRS 102 SORP or FRS 102.
Grants and Grants and donations are only included in the SoFA when the general income
donations recognition criteria are met (5.10 to 5.12 FRS102 SORP).
Legacies Legacies are included in the SOFA when receipt is probable, that is, when there
has been grant of probate, the executors have established that there are
sufficient assets in the estate and any conditions attached to the legacy are
either within the control of the charity or have been met.
Tax reclaims on Gift Aid receivable is included in income when there is a valid declaration from
donations and gifts the donor. Any Gift Aid amount recovered on a donation is considered to be
part of that gift and is treated as an addition to the same fund as the initial
donation unless the donor or the terms of the appeal have specified otherwise.
Contractual income This is only included in the SoFA once the charity has provided the related goods
or services or met the performance related conditions.
Donated goods Donated goods are measured at fair value (the amount for which the asset could
be exchanged) unless impractical to do so.
Goods donated for on-going use by the charity are recognised as tangible fixed
assets and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from
donations when receivable.
Volunteer help The value of any voluntary help received is not included in the accounts but is
described in the trustees’ annual report.
Donated services Donated services and facilities are included in the SOFA when received at the
and facilities value of the gift to the charity provided the value of the gift can be measured
reliably.
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the
appropriate heading in the SOFA.

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TOGETHER FOR THE COMMON GOOD

Notes to the unaudited financial statements (contd)

Year ended 31[st] March 2024

2.2 EXPENDITURE AND LIABILITIES

Liability Liabilities are recognised where it is more likely than not that there is a legal or recognition constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Governance costs Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. allocating staff costs by the time spent and other costs by their usage. Redundancy cost The charity made no redundancy payments during the reporting period. Provisions for A liability is measured on recognition at its historical cost and then liabilities subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Basic financial The charity accounts for basic financial instruments on initial recognition as instruments per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.

2.3 ASSETS

Tangible fixed Fixed assets are capitalised if they can be used for more than one year and assets for use by cost at least £1,000. charity The Charity had no fixed assets during the reporting period. Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

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Notes to the unaudited financial statements (contd)

Year ended 31[st] March 2024

Note 3 Analysis of income

Note 3 Analysis of income
Unrestricted
Restricted		 Total Prior
funds income funds year
funds 2024 2023
£ £ £ £
Donations Donations and gifts 45,458 - 45,458 26,256
legacies and Gift Aid 5,396 - 5,396 5,355
grants: Communities of Hope project
grants 17,800 - 17,800 -
Grants provided by other charities 15,000 7,250 22,250 90,000
Total 83,654 7,250 90,904 121,611
Charitable Fees and sundry income 8,441 - 8,441 1,170
activities: Total 8,441 - 8,441 1,170
Bank Interest 137 - 137 126
TOTAL INCOME 92,232 7,250 99,482 122,907
Other information:In the prior year, £10,000 of grants provided by other charities were restricted. All
other income was unrestricted.

Note 4 Analysis of expenditure

Note 4 Analysis of expenditure
Unrestricted Restricted Total Prior
funds income funds year
funds 2024 2023
£ £ £ £
Expenditure on Fundraising software and fees 3,958 - 3,958 3,997
raising funds Total 3,958 - 3,958 3,997
Expenditure on Salaries, NIC and pension 44,904 16,480 61,384 95,053
charitable contributions
activities Project delivery costs 19,460 166 19,626 766
Travel and administration 2,371 1,271 3,642 4,382
Communications and outreach 20,107 - 20,107 4,089
Other expenses 2,183 - 2,183 2,634
Total 89,025 17,917 106,942 106,924
Expenditure on Accounts examination 1,520 - 1,520 2,100
Governance Bank charges 164 - 164 117
Payroll fees 805 - 805 794
Total 2,489 - 2,489 3,011
Expenditure for 95,472 17,917 113,389 113,932
the year

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Notes to the unaudited financial statements (contd)

Year ended 31[st] March 2024

Note 5 Paid employees

5.1 Staff Costs

2024 2023
£ £
Salaries and wages 59,822 89,489
Social security costs - 2,957
Pension costs (defined contribution scheme) 1,562 2,607
Total staff costs 61,384 95,053

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000

The total amount paid to key management personnel for their services to the charity during the period was £36,050 (2023: £36.050).

5.2 Average head count in the year
5.2 Average head count in the year 2024 2023
Number Number
The parts of the
charity in which the
employees work Charitable Activities 3 4
Total 3 4
Note 6 Defined contribution pension scheme.
Amount of contributions recognised in the SOFA as an 1,562 2,607
expense

Pension contributions are allocated between activities and between restricted and unrestricted funds pro rata to salaries, which are apportioned on a time basis.

Note 7 Debtors and prepayments

Note 7 Debtors and prepayments
7.1 Analysis of debtors 2024 2023
£ £
Gift Aid tax reclaimable 796 625
Other Debtors 555 -
Total 1,351 625

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Notes to the unaudited financial statements (contd)

Year ended 31[st] March 2024

Note 8 Creditors and accruals

Amounts falling due within one year

Amounts falling due within one year
2024 2023
£ £
Accruals and deferred income 11,652 3,137
Pension contributions 304 303
Total 11,956 3,440
Note 9 Cash at bank and in hand
2024 2023
£ £
Cash at bank 55,398 61,515
Total 55,398 61,515

Note 10 Events after the end of the reporting period

There have been no material events since the end of the reporting period.

Note 11 Charity funds

11.1 Details of material funds held and movements during the current reporting period

* Key: PE – permanent endowment funds; EE – expendable endowment funds; R – restricted income funds, including special trusts, of the charity; and U – unrestricted funds

Fund names Type Fund Income Expenditure Transfers Fund balances
PE, EE balances between carried
R or brought funds forward
UR * forward
£ £ £ £
£
Common R 872 7,250 (17,917) 9,795 -
Good Schools
General U 57,828 92,232 (95,472) (9,795) 44,793
Total Funds 58,700 99,482 (113,389) - 44,793

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Notes to the unaudited financial statements (contd)

Year ended 31[st] March 2024

Note 11 Charity funds (contd)

11.2 Description of funds Unrestricted funds are available for any purpose consistent with the objectives of the charity.

Restricted funds are subject to limitations set by donors on the purposes for which they can be applied. In relation to these financial statements restricted funds were provided specifically for the development of the Common Good Schools (10-week programme for 11-16 year olds).

Note 12 Transactions with trustees and related parties

12.1 Trustee remuneration and benefits

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (2023: None).

12.2 Trustees' expenses

No trustee expenses have been incurred (2023: None).

12.3 Related party transactions

There have been no related party transactions in the reporting period (2023: None).

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