Charity no. 1172251 

# **TRIBE Freedom Foundation Report and Unaudited Financial Statements** 

**31 December 2025** 



## **TRIBE Freedom Foundation** 

## **Reference and administrative details** 

|**For the year ended 31 December 2025**|**For the year ended 31 December 2025**||
|---|---|---|
|**Charity number**|1172251||
|**Registered office and**|Unit 3.34, Canterbury Court||
|**operational address**|1-3 Brixton Road||
||London||
||SW9 6DE||
|**Trustees**|The trustees who served during the year and up to the date of this report||
||were as follows:||
||Mark Lacey|(Chair)|
||Jeffrey Berman||
||Carly Davies||
||Lucy Fenwick||
||Guy Hacking||
||Francis Lake||
||Rob Martineau||
||Andy Pusey||
||Tom Stancliffe||
||Dame Sara Thornton||
||Christopher Wakley||
|**Bankers**|Barclays Bank||
||Leicester||
||LE87 2BB||
|**Independent examiners**|Godfrey Wilson Limited||
||Chartered accountants and|statutory auditors|
||2nd Floor – South||
||One Castle Park||
||Tower Hill||
||Bristol||



1 



## **TRIBE Freedom Foundation** 

## **Report of the trustees** 

## **For the year ended 31 December 2025** 

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Constitution and the Statement of Recommended Practice - Accounting and Reporting by Charities (effective from January 2019). 

The trustees present their statutory report along with the financial statements of TRIBE Freedom Foundation for the year ended 31 December 2025. 

## **Structure, governance and management** 

The TRIBE Freedom Foundation (“the charity”) is a charitable incorporated organisation (CIO), not having share capital. It operates in accordance with a Constitution adopted on 24 March 2017. If the charity is wound up, the members have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities. 

The trustees make the key decisions about the conduct of the charity. The trustees give their time voluntarily and do not receive any remuneration for services to the charity. The day-to-day management of the charity is carried out by the Community & Fundraising Manager who works fulltime for the charity. During the year, they are supported by Tom Stancliffe and Rob Martineau who are considered key management personnel. 

## **Partnership with TRIBE** 

The charity was established by Guy Hacking, Tom Stancliffe and Rob Martineau. Tom Stancliffe and Rob Martineau are employees, shareholders and directors of Everyday Adventures Limited (trading as “TRIBE”, company registration number 09286289) and Guy Hacking is a shareholder and former director of Everyday Adventures Limited. TRIBE is a sports nutrition brand which sells natural performance nutrition products online and in retail. TRIBE has also built one of the fastest-growing communities of athletes and adventurers in the UK, engaging 60,000+ through regular campaigns and events. 

The arrangements between TRIBE and the charity are set out pursuant to the Collaboration Agreement and the Commercial Participation Agreement dated 26 March 2019. The agreements state that TRIBE shall make a donation of 1p to the charity for every TRIBE Sports Nutrition product that is sold and TRIBE organises fundraising events in which participants are encouraged to fundraise for the charity. 

For the avoidance of doubt, the trustees of the charity are able to make their own decisions outside the scope of any funding by TRIBE. The trustees believe this is an innovative partnership that provides a unique opportunity for the charity to raise public awareness of human trafficking and raise funds. 

## **Recruitment and appointment of trustees** 

The trustees have complete control of the charity in relation to the application of funds. Trustees are appointed in accordance with the charity’s governing document which states that there must be a minimum of three charity trustees. It was further agreed, pursuant to incorporation discussions with the UK Charity Commission, that at least three trustees independent of TRIBE (the “Independent Trustees”) would be appointed. All decision-making of the charity is made in accordance with the charity’s conflicts of interest policy. 

2 



## **TRIBE Freedom Foundation** 

## **Report of the trustees** 

## **For the year ended 31 December 2025** 

## **Trustee induction and training** 

The charity trustees control the charity and its funds. Each trustee is made aware of their duties as a trustee upon appointment and accepts their responsibility to keep up to date with changes in statutory requirements that affect the role and responsibilities of trustees. Upon appointment a new trustee will be provided with: 

- ▪a copy of the current version of the constitution; 

- a copy of the charity’s latest report to the Charity Commission and the statement of accounts; and 

- ▪a copy of the charity's conflict policy. 

## **Risk management** 

Business decisions and the associated risk factors are considered at least annually. As part of this process, the internal controls that are in place are reviewed. Internal control risks are minimised by a clear system of delegated authority and control, and procedures for the authorisation of all financial transactions. The trustees are satisfied that these are currently adequate to manage and reduce the risks identified. 

## **Objectives and activities** 

The main objectives of the charity are for the public benefit, the relief and assistance of people in need in England and Wales who are the victims of human trafficking and modern slavery by: ▪raising public awareness of human trafficking and modern slavery; and 

- providing grants to and working in partnership with other charities and organisations (“the project partners”) whose purpose is to relieve or prevent human trafficking and modern slavery. 

The charity’s mission is to fight modern slavery and end human trafficking. The charity and the trustees work to achieve this across three key project areas: 

- **increasing public awareness:** engaging communities to help build awareness of modern slavery across their wider networks and increasing public understanding; 

- **long-term survivor support:** providing funding and wider support so that more survivors are empowered to regain their independence and overcome their previous exploitation; and 

- **preventing modern slavery** : equipping stakeholders, communities and individuals with the tools to better understand, identify and tackle the causes of modern slavery. 

## **Achievements and performance** 

The trustees are incredibly proud to share the TRIBE Freedom Foundation Impact Report for 202526, showcasing the impact of our work to end modern slavery. The full report can be read here: - https://drive.google.com/file/d/1xoakafPL56_C5g33BiWx6_xx 2M7qTQ_/view 

The main highlights, achievements and activities of the charity are summarised below: 

## **Increasing public awareness** 

We are driving conversations among key stakeholders and increasing awareness across the UK. With the TRIBE community behind us, we are engaging new audiences to understand the reality of modern slavery and how people can take action; through our events, talks, campaigns and fundraising challenges. 

3 



## **TRIBE Freedom Foundation** 

## **Report of the trustees** 

## **For the year ended 31 December 2025** 

## Our activities and achievements include: 

## _Events and campaigns_ 

Throughout 2024-2025, we engaged over 2,000 people in our community events and campaigns, helping to improve understanding of slavery across these networks. From the Hackney Half Marathon to the seventh edition of TRIBE Run for Love, our community challenges played a major role in increasing awareness across new audiences. Our fortnightly run club continued to support the Tribe community’s training efforts and increase our reach. 

## _Corporate partnerships_ 

In 2025, the charity continued to grow key partnerships, including our three year partnership with British Airways. We received a £40,000 grant from British Airways in May 2025 and throughout the year attended several BA Roadshows to engage new audiences with our mission. Additionally, we organised our annual fundraising ride to Brighton with NatWest, which raised over £35,000 for the Foundation. We also co-organised employee awareness workshops with NatWest, for example an event for Anti-Slavery Week 2025. 

## **Long term survivor support** 

We are increasing access to holistic, long-term support for survivors of modern slavery across the UK. We fund frontline project partners who empower survivors with access to safe accommodation and support, helping them to regain their freedom. We also offer our time and the time of our ambassadors to our frontline partners, assisting with movement workshops, hikes, well-being sessions for survivors and several safehouse renovation days across the year. 

## Our activities and achievements include: 

## _Funding for frontline support_ 

Funds raised in 2025 have meant that we were able to grant Ella’s £75,000 in Q1 of 2026. We will also grant £20,000 to the Helen Bamber Foundation in May this year using set funds from 2025 fundraising efforts and events. This will enable our partners at Ella’s and the Helen Bamber Foundation to provide frontline services including legal support, medical care, counselling, safe accommodation, education and more. Together, Foundation funding helped empower 822 survivors across our project partners in 2025. A number of the survivors our frontline partners work with, participated in challenge events with TRIBE Freedom Foundation to support their mental and physical wellbeing. 

100% of our frontline project partners strongly agree that working in partnership with TRIBE Freedom Foundation has added value above and beyond a financial contribution, enabling them to create a greater impact and empower greater numbers of survivors. 

## _Promoting education and employment_ 

Foundation funding supported 111 survivors at Ella’s and the Helen Bamber Foundation to start education or employment in 2025; developing the skills to live freely and independently. Our funding also helped the Helen Bamber Foundation to establish their new Trauma Centre, from which skills workshops leading to employment are carried out. 

4 



## **TRIBE Freedom Foundation** 

## **Report of the trustees** 

## **For the year ended 31 December 2025** 

## _TRIBE X HBF Urban Hike for Freedom_ 

In 2025, we worked with our partner charity, the Helen Bamber Foundation, to organise a series of movement sessions leading up to an Urban Hike for Freedom. Across three sessions of the Urban Hike for Freedom, we supported 31 survivors to gain the confidence and support to thrive. These activities helped survivors feel confident accessing communal spaces, and move towards leading healthy, independent lives. One survivor who participated in all three sessions said, ‘being out in nature made me feel safe at home.’ 

## **Preventing modern slavery** 

With the tools to better understand, identify and report modern slavery, we can help to prevent it in the long term. In partnership with key industry leaders, including the Office of the Independent AntiSlavery Commissioner, Stronger Together, STOP THE TRAFFIK and Justice & Care, we are helping to disrupt traffickers and enable businesses to prevent modern slavery. 

## Our achievements and activities include: 

## _Foodies Fighting Slavery: SME Toolkit_ 

In May 2023, following an extensive 18-month consultation period, engaging over 2,000 consumers and 100+ SME employees we launched the Foodies Fighting Slavery: SME Toolkit in collaboration with the Office of the Independent Anti-Slavery Commissioner, Stronger Together and STOP THE TRAFFIK. The Toolkit received over 100 downloads within the first week of launching and is already helping SMEs to start taking action against modern slavery in their operations with practical tools and tailored guidance. 

## **Public benefit statement** 

The trustees of the charity have given due regard to the Charity Commission’s guidance on public benefit and have taken reasonable steps to ensure that this guidance has been considered in the activities undertaken by the charity to deliver its charitable purposes. 

The charity delivers a benefit to the public through the pursuance of its principal objects: ▪raising public awareness of human trafficking and modern slavery; and 

- providing grants to and working in partnership with other charities and organisations whose purpose is to relieve or prevent human trafficking and modern slavery. 

## **Financial review** 

During the year the charity received income of £217,881 (2024: £208,827). The costs for raising funds totalled £93,619 (2024: £87,271), and the funds spent on charitable activities were £9,138 (2024: £146,384). Support costs of £24,094 (2024: £24,361) were absorbed proportionately into raising funds and charitable activity expenditure. The result for the year ended 31 December 2025 was a surplus of £115,124 (2024: deficit of £24,828) and was in line with the trustees’ expectations. 

The balance of the carried forward funds as at 31 December 2025 was £157,230 (2024 £42,106), including £36,422 of restricted funds (2024: £Nil), of which £75,000 has been granted to Ella’s in Q1 2026, and a further £20,000 will be granted to the Helen Bamber Foundation in Q2 of 2026. 

## **Reserves policy and financial position** 

The level of reserves is monitored and reviewed by the trustees at least annually. The trustees believe that the charity should target to hold unrestricted financial reserves equivalent to a minimum of three months’ operating costs. Based on the above policy, the Trustees calculate that the target level of free reserves would need to be approximately £35,000 as at 31 December 2025. 

5 



## **TRIBE Freedom Foundation** 

## **Report of the trustees** 

## **For the year ended 31 December 2025** 

The balance is significantly higher than this on 31 December 2025, since the £75,000 grant to Ella’s was not awarded until February 2026. As at 31 December 2025 the charity’s unrestricted free reserves were £120,808 (2024: £42,106) and the charity intends to utilise these by providing frontline support in 2026 as described earlier. 

## **Plans for future periods** 

In 2025, TRIBE Freedom Foundation made considerable steps forward in our Foundation-led programmes and our mission to end modern slavery. The number of survivors supported across our project partners reached a total of 822. In 2026, the trustees are excited to continue working towards the charity’s Mission, scaling our impact to support those who need our help the most. 

The charity will continue raising awareness of human trafficking, developing our Foundation-led programmes and fundraising to provide grants to charities working to support survivors of human trafficking and modern slavery. The charity’s future aims and objectives include: 

## **Raising awareness** 

This includes raising the profile of the issue and increasing awareness of modern slavery through new partnerships, insightful content and a more active presence in the public sphere. In 2026, we will continue to collaborate with the wider UK anti-slavery sector as part of the Coalition to Stop Slavery, as well as campaigning through our partnership with British Airways to raise awareness of MSHT in the aviation industry, and our partnership with NatWest to raise awareness of MSHT in the financial sector. 

We will also continue to increase awareness across the TRIBE community. Three major campaigns are planned to deliver this, whilst fundraising for the charity in 2026. These include the TRIBE Run Free Campaign (2x events - Hackney Half Marathon & TSC London Marathon), and TRIBE Run For Love 8. Not only will these events raise funds, but so too will they hugely help us to amplify our voice through the TRIBE community, and to continue to raise awareness of MSHT. 

## **Long term support** 

The charity will continue to champion holistic, trauma-informed support for the survivors of modern slavery across the UK and beyond. This includes promoting best practices to improve support for survivors on a global scale. In 2026, the charity will work with NatWest to promote survivor financial inclusion and implement the recommendations included in the TRIBE Survivor Financial Empowerment Hub. This will include webinars and workshops for employees as well as further consultations with survivor support organisations and survivor consultants. 

The Foundation will continue to provide support to frontline charity partners through funding, volunteering, and research-based collaboration. We will continue working with and supporting our front-line partners and have plans to relaunch another Urban Hike for Freedom programme with the Helen Bamber Foundation this summer. 

## **Preventing modern slavery** 

By bringing together leading experts from different fields the charity will continue to fight slavery, drive systemic change and equip communities with the tools to prevent slavery across their networks. 

Following a successful launch of the Foodies Fighting Slavery toolkit in May 2023, (commissioned by the UK Independent Anti-Slavery Commissioner and delivered in collaboration with STOP THE TRAFFIK and Stronger) the charity we will continue to support more SMEs to fight modern slavery in the food industry and sharing learnings from a case study with TRIBE. 

6 



## **TRIBE Freedom Foundation** 

## **Report of the trustees** 

## **For the year ended 31 December 2025** 

Additionally, through our partnership with British Airways established in 2024, the Foundation will continue to hold educational roadshows for BA ground staff & cabin crew, to help raise awareness of MSHT in the aviation industry, and ultimately to equip staff with the tools to spot the signs of trafficking and prevent instances of modern slavery from developing. 

## **Statement of responsibilities of the trustees** 

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). 

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- ▪ observe the methods and principles in the Charities SORP; ▪ make judgements and accounting estimates that are reasonable and prudent; ▪ state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. The trustees 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 irregularities. 

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of accounts may differ from legislation in other jurisdictions. 

Members of the charity have no liability to the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity. 

## **Independent examiners** 

Godfrey Wilson Limited were re-appointed as independent examiners to the charity during the year and have expressed their willingness to continue in that capacity. 

Approved by the trustees on 30 July 2026 and signed on their behalf by 

Mark Lacey - Chair 

7 



## **Independent examiner's report** 

## **To the trustees of** 

## **TRIBE Freedom Foundation** 

I report to the trustees on my examination of the accounts of TRIBE Freedom Foundation (the CIO) for the year ended 31 December 2025, which are set out on pages 9 to 19. 

## **Responsibilities and basis of report** 

As the charity trustees of the CIO 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 CIO’s accounts carried out under section 145 of the 2011 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** 

Godfrey Wilson Limited also provides bookkeeping services, and has provided payroll consultancy within the year, to the CIO. I confirm that as a member of the ICAEW I am subject to the FRC’s Revised Ethical Standard 2024, which I have applied with respect to this engagement. 

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

- (1) accounting records were not kept in respect of the CIO 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. 

## Jennifer Dickinson 

Date: 30 July 2026 **Jennifer Dickinson ACA Member of the ICAEW** For and on behalf of: **Godfrey Wilson Limited** Chartered accountants and statutory auditors 2nd Floor – South One Castle Park Tower Hill Bristol 

8 



## **TRIBE Freedom Foundation** 

## **Statement of financial activities** 

## **For the year ended 31 December 2025** 

|Note<br>**Income from:**<br>Donations<br>3<br>Charitable activities<br>4<br>Investment income<br>**Total income**<br>**Expenditure on:**<br>Raising funds<br>Charitable activities<br>**Total expenditure**<br>5<br>6<br>**Reconciliation of funds:**<br>Total funds brought forward<br>**Total funds carried forward**<br>**Net income / (expenditure)**<br>**and net movement in funds**|£<br>-<br>40,000<br>-<br>40,000<br>-<br>3,578<br>3,578<br>36,422<br>-<br>36,422<br>Restricted|£<br>177,867<br>-<br>14<br>177,881<br>93,619<br>5,560<br>99,179<br>78,702<br>42,106<br>120,808<br>Unrestricted|**2025**<br>**Total**<br>**£**<br>**177,867**<br>**40,000**<br>**14**<br>**217,881**<br>**93,619**<br>**9,138**<br>**102,757**<br>**115,124**<br>**42,106**<br>**157,230**|2024<br>Total<br>£<br>182,898<br>25,929<br>-|
|---|---|---|---|---|
|||||208,827|
|||||87,271<br>146,384|
|||||233,655|
|||||(24,828)<br>66,934|
|||||42,106|



All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 14 to the accounts. 

9 



## **TRIBE Freedom Foundation** 

## **Balance sheet** 

## **As at 31 December 2025** 

|Note<br>**Current assets**<br>Debtors<br>11<br>Cash at bank and in hand<br>**Liabilities**<br>Creditors: amounts falling due within 1 year<br>12<br>**Net current assets**<br>**Net assets**<br>**Funds**<br>14<br>Restricted funds<br>Unrestricted funds<br>General funds<br>**Total charity funds**|**£**<br>**52,819**<br>**112,019**<br>**164,838**<br>**(7,608)**|**2025**<br>**£**<br>**157,230**<br>**157,230**<br>**36,422**<br>**120,808**<br>**157,230**|2024<br>£<br>16,603<br>131,632|
|---|---|---|---|
||||148,235<br>(106,129)|
||||42,106|
||||42,106|
||||-<br>42,106|
||||42,106|



Approved by the trustees on 30 July 2026 and signed on their behalf by 

Mark Lacey - Chair 

10 



## **TRIBE Freedom Foundation** 

## **Notes to the financial statements** 

## **For the year ended 31 December 2025** 

**1. Accounting policies** 

## **a) General information and basis of preparation** 

TRIBE Freedom Foundation is an charitable incorporated organisation (CIO) registered in England and Wales. The registered office address is Unit 3.34, Canterbury Court, 1-3 Brixton Road, London, SW9 6DE. 

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 

TRIBE Freedom Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. 

## **b) Going concern basis of accounting** 

The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern. 

## **c) Income** 

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

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

Income received in advance of provision of services is deferred until criteria for income recognition are met. 

## **d) Interest receivable** 

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

## **e) Funds accounting** 

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity. 

11 



## **TRIBE Freedom Foundation** 

## **Notes to the financial statements** 

## **For the year ended 31 December 2025** 

## **1. Accounting policies (continued)** 

## **f) Expenditure and irrecoverable VAT** 

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. 

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

## **g) Allocation of support and governance costs** 

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities based on the proportion of staff time as follows: 

||**2025**|2024|
|---|---|---|
|Raising funds|**91.0%**|37.5%|
|Charitable activities|**9.0%**|62.5%|



## **h) Grants payable** 

Grants payable are charged in the year in which the offer is conveyed to the recipient except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attached have been fulfilled. Grants offered subject to conditions at the year end are noted as commitment but are not accrued as expenditure. 

## **i) Debtors** 

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

## **j) Cash at bank and in hand** 

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

## **k) Creditors** 

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

## **l) Financial instruments** 

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

12 



## **TRIBE Freedom Foundation** 

## **Notes to the financial statements** 

## **For the year ended 31 December 2025** 

## **1. Accounting policies (continued)** 

## **m) Pension costs** 

The charity operates a defined contribution pension scheme for its employees. There are no further liabilities other than that already recognised in the SOFA. 

## **n) Foreign currency transactions** 

Transactions in foreign currencies are translated at rates prevailing at the date of the transaction. Balances denominated in foreign currencies are translated at the rate of exchange prevailing at the year end. 

## **o) Accounting estimates and key judgements** 

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. 

There are no sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements. 

## **2. Prior period comparatives: statement of financial activities** 

|**Income from:**<br>Donations<br>Charitable activities<br>**Total income**<br>**Expenditure on:**<br>Raising funds<br>Charitable activities<br>**Total expenditure**<br>**Net expenditure and net movement in funds**|Restricted<br>£<br>£<br>-<br>182,898<br>-<br>25,929<br>-<br>208,827<br>-<br>87,271<br>-<br>146,384<br>-<br>233,655<br>-<br>(24,828)<br>Unrestricted|2024<br>Total<br>£<br>182,898<br>25,929|
|---|---|---|
|||208,827|
|||87,271<br>146,384|
|||233,655|
|||(24,828)|



13 



## **TRIBE Freedom Foundation** 

## **Notes to the financial statements** 

## **For the year ended 31 December 2025** 

## **3. Income from donations** 

|**Income from donations**|||
|---|---|---|
|Donations and community fundraising<br>Commercial participation agreement (TRIBE)<br>Events donations (TRIBE)<br>**Total income from donations**|**2025**<br>**£**<br>**142,643**<br>**35,224**<br>**-**<br>**177,867**|2024<br>£<br>151,767<br>29,832<br>1,299|
|||182,898|



All income from donations was unrestricted during both the current and prior years. 

## **4. Income from charitable activities** 

|British Airways Better World Community Fund<br>**Prior period comparative:**<br>British Airways Better World Community Fund|Restricted<br>£<br>£<br>40,000<br>-<br>Restricted<br>£<br>£<br>**-**<br>25,929<br>Unrestricted<br>Unrestricted|**2025**<br>**Total**<br>**£**<br>**40,000**|
|---|---|---|
|||2024<br>Total<br>£<br>25,929|



14 



## **TRIBE Freedom Foundation** 

## **Notes to the financial statements** 

## **For the year ended 31 December 2025** 

## **5. Total expenditure** 

|Staff costs (note 9)<br>Grants payable (note 7)<br>Fundraising event costs<br>**Support costs:**<br>IT costs<br>Marketing and design<br>General office expenses<br>Rent<br>Accountancy support<br>**Governance costs:**<br>Independent examiner<br>Sub-total<br>Reallocated support and governance costs<br>**Total expenditure**<br>**Prior period comparative**<br>Staff costs (note 9)<br>Grants payable (note 7)<br>Fundraising event costs<br>Research costs<br>**Support costs:**<br>Marketing<br>Printing, postage and stationery<br>General office expenses<br>Travel costs<br>Rent<br>Accountancy support<br>**Governance costs:**<br>Independent examiner<br>Sub-total<br>Reallocated support and governance costs<br>Total expenditure|Raising<br>funds<br>£<br>8,786<br>-<br>62,907<br>-<br>-<br>-<br>-<br>-<br>-<br>71,693<br>21,926<br>**93,619**<br>Raising<br>funds<br>£<br>24,582<br>-<br>53,564<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>78,146<br>9,125<br>87,271|Charitable<br>activities<br>£<br>3,392<br>3,578<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>6,970<br>2,168<br>**9,138**<br>Charitable<br>activities<br>£<br>41,048<br>90,000<br>-<br>100<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>131,148<br>15,236<br>146,384|£<br>2,465<br>-<br>-<br>6,545<br>2,924<br>2,383<br>3,104<br>2,773<br>3,900<br>24,094<br>(24,094)<br>**-**<br>£<br>5,135<br>-<br>-<br>-<br>846<br>912<br>5,126<br>117<br>8,505<br>-<br>3,720<br>24,361<br>(24,361)<br>-<br>Support and<br>governance<br>Support and<br>governance|**2025 Total**<br>**£**<br>**14,643**<br>**3,578**<br>**62,907**<br>**6,545**<br>**2,924**<br>**2,383**<br>**3,104**<br>**2,773**<br>**3,900**|
|---|---|---|---|---|
|||||**102,757**<br>-|
|||||**102,757**|
|||||2024 Total<br>£<br>70,765<br>90,000<br>53,564<br>100<br>846<br>912<br>5,126<br>117<br>8,505<br>-<br>3,720|
|||||233,655<br>-|
|||||233,655|



15 



## **TRIBE Freedom Foundation** 

## **Notes to the financial statements** 

## **For the year ended 31 December 2025** 

## **6. Net movement in funds** 

This is stated after charging: 

|**Net movement in funds**<br>This is stated after charging:|||
|---|---|---|
||**2025**|2024|
||**£**|£|
|Trustees' remuneration|**Nil**|Nil|
|Trustees' reimbursed expenses|**215**|148|
|Independent examiner's remuneration (excluding VAT):|||
|Independent examination|**3,250**|3,100|
|Other services|**2,311**|-|



Trustees' reimbursed expenses relate to travel, and event costs paid by 2 trustees (2024: 2) on behalf of the charity. 

In common with other charities of our size and nature we use our independent examiners to assist with the preparation of the financial statements. Our independent examiners have also provided bookkeeping support and payroll consultancy during the year. 

## **7. Grants payable** 

During the year, 2 (2024: 2) new grants were awarded to 2 institutions (2024: 2) to support social welfare charitable activities. No grants are made to individuals. The amounts below do not include any allocation of support costs. 

The following institutions were awarded grants during the period: 

|Ella's Home (also known as Ella's)<br>Helen Bamber Foundation<br>_Ella’s Home is a registered charity (charity number: 1187529)_<br>_providing independent long-term aftercare for women who have_<br>_experienced abuse through trafficking and sexual exploitation._<br>_Helen Bamber Foundation is a registered charity (charity number:_<br>_1149652) who provides therapeutic care, medical consultation, legal_<br>_protection_<br>_and_<br>_practical_<br>_support_<br>_to_<br>_survivors_<br>_of_<br>_human_<br>_rights_<br>_violations._|**2025**<br>**£**<br>**2,370**<br>**1,208**<br>**3,578**|2024<br>£<br>75,000<br>15,000|
|---|---|---|
|||90,000|



The trustees would like to highlight that the lower grant expenditure in the year was because grants have instead been awarded early in the 2026 period. 

16 



## **TRIBE Freedom Foundation** 

## **Notes to the financial statements** 

## **For the year ended 31 December 2025** 

## **8. Grant commitments** 

|Grant commitments brought forward<br>Grants committed during the period<br>Grants paid during the period<br>Grant commitments carried forward|**2025**<br>**£**<br>**90,000**<br>**3,578**<br>**(93,578)**<br>**-**|2024<br>£<br>-<br>90,000<br>-|
|---|---|---|
|||90,000|



## **9. Staff costs and numbers** 

Staff costs were as follows: 

|**Staff costs and numbers**<br>Staff costs were as follows:|||
|---|---|---|
|Salaries and wages<br>Social security costs<br>Pension costs<br>Other *|**2025**<br>**£**<br>**37,830**<br>**-**<br>**631**<br>**(23,818)**<br>**14,643**|2024<br>£<br>62,974<br>6,598<br>1,193<br>-|
|||70,765|



No employee earned more than £60,000 during the year. 

The key management personnel of the charity comprise the trustees, none of whom are remunerated. 

* During the year the charity carried out a review to correct historic payroll differences resulting in reduced expenditure in the period. A significant portion of this was claiming for unused Employment Allowance for National Insurance contributions from previous years. 

|Average head count|**2025**<br>**No.**<br>**2**|2024<br>No.<br>2|
|---|---|---|



## **10. Taxation** 

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. 

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## **TRIBE Freedom Foundation** 

## **Notes to the financial statements** 

## **For the year ended 31 December 2025** 

## **11. Debtors** 

|**Debtors**|||
|---|---|---|
|Trade debtors *<br>Prepayments<br>Other taxation debtors|**2025**<br>**£**<br>**27,000**<br>**14,400**<br>**11,419**<br>**52,819**|2024<br>£<br>16,603<br>-<br>-|
|||16,603|



Trade debtors comprise solely of product donations owed to the charity from the commercial participation agreement with TRIBE as detailed in Note 3 to the accounts. There is a delay between an product donation arising and payment to the charity to allow for TRIBE's administrative and accounting procedures. 

## **12. Creditors : amounts falling due within 1 year** 

|Grants payable (note 8)<br>Trade creditors<br>Accruals<br>Other taxation and social security|**2025**<br>**£**<br>**-**<br>**1,773**<br>**4,696**<br>**1,139**<br>**7,608**|2024<br>£<br>90,000<br>135<br>3,720<br>12,274|
|---|---|---|
|||106,129|



## **13. Analysis of net assets between funds** 

|Current assets<br>Current liabilities<br>**Net assets at 31 December 2025**|£<br>36,422<br>-<br>**36,422**<br>Restricted<br>funds|£<br>128,416<br>(7,608)<br>**120,808**<br>General<br>funds|**£**<br>**164,838**<br>**(7,608)**<br>**Total**<br>**funds**|
|---|---|---|---|
||||**157,230**|



All funds in the prior year were unrestricted. 

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## **TRIBE Freedom Foundation** 

## **Notes to the financial statements** 

## **For the year ended 31 December 2025** 

## **14. Movements in funds** 

|£<br>**Restricted funds**<br>-<br>**Total restricted funds**<br>-<br>**Unrestricted funds**<br>General funds<br>42,106<br>**Total unrestricted funds**<br>42,106<br>**Total funds**<br>**42,106**<br>British Airways Better<br>World Community Fund<br>At 1 January<br>2025|£<br>£<br>40,000<br>(3,578)<br>40,000<br>(3,578)<br>177,881<br>(99,179)<br>177,881<br>(99,179)<br>**217,881**<br>**(102,757)**<br>Expenditure<br>Income|£<br>-<br>-<br>-<br>-<br>**-**<br>Transfers<br>between<br>funds|**£**<br>**36,422**<br>**At 31**<br>**December**<br>**2025**|
|---|---|---|---|
||||**36,422**|
||||**120,808**|
||||**120,808**|
||||**157,230**|



## **Purposes of restricted funds** 

## _British Airways Better World Community Fund_ 

As part of the BA Better World Community Fund, this is to fund survivor support and awareness raising in relation to the charity's work fighting human trafficking and modern slavery. 

All income and expenditure within the prior year was unrestricted. 

## **15. Related party transactions** 

Tom Stancliffe and Rob Martineau, trustees of the charity, are directors of TRIBE. Guy Hacking, also a trustee of the charity, was a director of TRIBE until July 2024. During the year, TRIBE donated £35,224 (2024: £31,131) to the charity. At the end of the year, £27,000 (2024: £16,603) was owed to the charity by TRIBE, which is included in trade debtors. At the time of signing, this had decreased to £12,000 (2024: £2,932). Further details of this arrangement are covered in the trustees’ report. 

The charity also paid amounts totalling £875 to TRIBE (2024: £1,857) in respect of fundraising costs. By way of background, the charity purchased merchandise and nutrition "at cost" from TRIBE as fundraising rewards for fundraisers. The fundraising rewards helped to maximise fundraising for virtual charity events by incentivising fundraisers to hit their fundraising targets. The benefit of this arrangement for the charity is that: (i) the charity does not have to hold inventory of fundraising rewards and can purchase fundraising rewards at the cost it is purchased or manufactured by TRIBE (i.e. no profit), and (ii) TRIBE further subsidises the storage and logistics costs associated with sending the fundraising rewards to fundraisers. At the end of the year, there were no amounts owed to TRIBE by the charity (2024: £135). 

The charity also paid amounts of £3,104 (2024: £8,505) as contributions to TRIBE's rental of office space. This was proportionate to the number of the charity's employees as a percentage of employees occupying the main TRIBE office space. 

There were no other related party transactions during the current or prior year. 

19