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← European Centre for Journalism and Trauma Ltd

2024-06-30-accounts

DART CENTRE EUROPE LIMITED

A COMPANY LIMITED BY GUARANTEE

COMPANY NO. 05950105 (ENGLAND AND WALES) REGISTERED CHARITY NO. 1172731

ANNUAL REPORT AND FINANCIAL ACCOUNTS

YEAR ENDED 30 JUNE 2024

ST JOHN'S HOUSE 5 SOUTH PARADE SUMMERTOWN OXFORD OX2 7JL

DART CENTRE EUROPE LIMITED

COMPANY NO. 05950105 (ENGLAND AND WALES) REGISTERED CHARITY NO. 1172731

COMPANY INFORMATION

YEAR ENDED 30 JUNE 2024

Directors and Trustees

A Fusco - Chair

Company Secretary

K Cunningham K Fowler-Watt B Hans D Javakhishvili S Jukes G. Moreton E Thomasson S Hughes Until 26/09/24 P Deane Until 16/07/24 Z Harb Until 16/07/24 M Williams Until 17/10/23 D Heydon Until 06/02/24 K Lee Since29/02/24

Company Number

05950105 (England and Wales) Incorporated 28 September 2006

Charity Number

1172731 (England and Wales) Registered 25th April 2017

Registered Office

Independent Examiner

St John's House 5 South Parade Summertown Oxford OX2 7JL Mrs H C Fanthome, F.C.A. King Loose & Co Accountants

DART CENTRE EUROPE LIMITED

COMPANY NO. 05950105 (ENGLAND AND WALES) REGISTERED CHARITY NO. 1172731

CONTENTS YEAR ENDED 30 JUNE 2024

Page

1. Annual Report, including statement
of Trustees' Responsibilities
2. Independent Examiners Report
3. Statement of Financial Activities
4. Balance Sheet
5. - 8 Notes to the Financial Statements

1.

DART CENTRE EUROPE LIMITED

COMPANY NO. 05950105 (ENGLAND AND WALES)

REGISTERED CHARITY NO. 1172731

ANNUAL REPORT

YEAR ENDED 30 JUNE 2024

Structure, governance and management

The governing documents are the memorandum and articles as amended by special resolution dated 28 March 2017.

The directors and trustees present their annual report and financial statements of the charity for the period ended 30 June 2024. The annual report serves the purpose of both a Trustees' and a directors' report under company law. The financial statements have been prepared in accordance with the accounting policies set out in note 1, the charity’s constitution, 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, SORP (FRS 102); and the Financial Reporting Standard applicable in the UK

New trustees are recruited by advertising and then an interview by a panel of exiting trustees. New trustee's appointment is confirmed by the board at the annual board meeting.

Objectives and activities

To advance education for the public benefit in the field of journalism, by the provision of education and training of journalists in issues of trauma and skills related to covering traumatic news events, and by promoting research for the public benefit in issues of trauma and to publish these useful results.

Achievements and performance

During the year DCE delivered over eighty training sessions to media organisations including: The Guardian UK, Channel 4 UK, Spiegel Magazine, Süddeutsche Zeitung, TAZ and Deutsche Welle (Germany), BBC Studios, Fremantlemedia Group.

Geographically, our focus has been on supporting journalists and management with workshops and training in Central Europe, Eastern Europe (workshops for Russian and Ukrainian journalists), as well as the Middle East and Africa. DCE has a number of associate trainers which enables us to respond quickly to requests for training. This included being able to respond to requests for training following the Hamas attacks on 7 October 2023. This included three in-person support sessions delivered to London newsrooms where tensions and distress among journalists and editors were high.

Our relationships with media support organisations has continued to develop and has led to the delivery of webinars and training workshops, both in person and online to organisations that included the Global Investigative Journalism Network (GIJN), Rory Peck Trust, JournalismFund.eu, ACOS and more recently the European Commission for Press and Media Freedom (ECPMF), The European Journalism Centre (EJC), Centre for Investigative Journalism and the Oxford Climate Journalism Network.

We continue to organise quarterly, pan-European online meet-ups where trauma-informed journalists can exchange information, support each other and further our mission. The number of in-person meet-ups have steadily increased, at conferences, in collaboration with the Columbia Global Centre, at the quarterly events for French journalists and in London where we have connected with BAFTA who we are hosting industry training sessions.

In Germany, DCE, worked with “Network Recherche” to develop a telephone helpline for journalists in the German-speaking regions, (Germany, Austria, Switzerland). With seed funding from Friedrich Ebert Stiftung, a group of journalists were trained in peer support to support colleagues with the option to refer them to professional help where appropriate. The project also received further funding from the German Ministry for Culture and Media meaning it is funded for a period of two years.

1. (a)

DART CENTRE EUROPE LIMITED

COMPANY NO. 05950105 (ENGLAND AND WALES)

REGISTERED CHARITY NO. 1172731

ANNUAL REPORT cont.

YEAR ENDED 30 JUNE 2024

Achievements and performance cont.

A bespoke program was devised to support exiled reporters based in Amsterdam. The reporters had complex needs around trauma, relating to both the content of the work as well as their lives as survivors of an authoritarian regime having fled abroad. Following an immersive four-day, in-person, trauma-awareness workshop DCE’s team facilitated 12 monthly online “intervision”, (inter-collegial consultation), sessions where the exiled reporters could collectively work to find ethical and practical solutions. The sessions equipped the reporters with a new language and led to the development of a group-owned problem solving process leading to a tangible change in newsroom culture.

Dart Centre Europe have been providing specialist support to media organisations working in Ukraine since February 2022. Thanks to a grant from OSF, we conducted our first Ukrainian leadership retreat in Lviv, and have been working with partner organisations, such as the Reckoning Project, RPDI (the national forum for investigative journalists), the RE:Cover project, the Lviv Media Forum, the Kyiv Media School, and others. In all, we estimate that we have reached more than 250 Ukrainian journalists this year through direct training or participation in conference discussions.

Producing how-to-guides in the Ukrainian language has also been a focus. With ACOS we published a comprehensive manual for news managers on trauma-informed leadership during wartime and contributed two chapters to a new GIJN compendium of strategies and techniques for investigating war crimes.

Through our participation in the Global Forum for Media Development contact group for Ukraine and the Deutsche Welle Fome initiative, Dart Centre has also been playing a leading role in shaping the discussion on effective psychosocial support and how organisations can advance it.

In considering these aims and objects, the Trustees have reviewed the guidance issued by the Charity Commission in relation to public benefit, and consider that the public benefit test continues to be satisfied.

Future Plans

The charity has been successful in delivering training and building relationships with other organisation in Europe, the need for this continues to increase rapidly, journalists and media houses are under pressure to cover a growing amount of escalating conflicts. There is a clear demand for more trauma-trained clinicians able to provide therapeutic support for journalists.

The charity’s focus will continue on funding, assisting, supporting and promoting those journalistic and research projects that have the greatest outreach and provide the greatest public benefit.

The Organisation of Our Work.

The charity is organised so that the trustees meet and converse regularly to manage its affairs, any matters of concern, and the day to day administration.

There is no specific training policy in respect of new Trustees, but attendance at Committee meetings is required for such new appointees, to gain the appropriate familiarity with the Charity’s operations and finances.

Risk Management

The Trustees have examined the major strategic, business and operational risks which the Charity faces or may face and confirm that systems are in place to enable regular reports to be produced, so that the necessary steps can be taken to lessen any such risks. The principal risks faced by the charity are the sustainability of income, and the ongoing restraint over, and control of, operating costs. Both of these risks are under constant review and monitoring.

1. (b)

DART CENTRE EUROPE LIMITED

COMPANY NO. 05950105 (ENGLAND AND WALES) REGISTERED CHARITY NO. 1172731

ANNUAL REPORT cont. YEAR ENDED 30 JUNE 2024

Statement of Trustees' Responsibilities

The trustees are required by law to prepare financial statements for each financial year, which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year.

prepare the financial statements on a going concern basis unless it is inappropriate to presume

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity, and to enable them to ensure that the financial statements comply with the Companies Act 2006, the Charities Act 2011 and the applicable Charities SORP. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

Financial Review

The attached financial statements show the current state of the finances which the board consider to be sound.

In the year, the charity had general income of £211,943, (£169,385, 22/23) and total general expenditure of £193,462, (£187,283, 22/23), leaving a current period surplus of income over expenditure of £17,745, (deficit £18,293, 22/23).

The charity continued its work with Ukrainian journalists covering the ongoing conflict, war crimes and related issues. Restricted expenditure during the year amounted to £47,876, (£68,008 – 2023), leaving a balance on the charity's restricted income funds of £20,132 at 30 June 2024.

The balance shown on unrestricted income funds at 30 June 2024 amounted to £150,959, (£133,214, 22/23) and on restricted income funds amounted to £20,132, (£68,008, 22/23).

Reserves Policy

It is the policy of the Charity to maintain unrestricted funds, which are the free reserves of the Charity, at a level which provides sufficient funds to cover the ongoing support and administration costs, thereby ensuring the continuity and the promotion of charity's projects as they arise. The trustees continue to regularly monitor this.

Approval

This report was approved on behalf of the Board of Directors and Trustees on…………………………2025 and signed on its behalf by:

…………………………………………… A Fusco Director and trustee

DART CENTRE EUROPE LIMITED COMPANY NO. 05950105 IENGLAND AND WALES) REGISTERED CHARITY NO. 1172731 INDEPENDENT EXAMINER'S REPORT YEAR ENDED 30JUNE 2024 I report to the charity trustees on my examination of the accounts of the charitable company. for the year ended 30th June 2024, which are set out on pages 3 to 8. As the charity's trustees {and also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance wlth the requirements of the Companies Act 20061.the 2006 Act'l. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 Ithe '2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. My examination was carried out in accordance with the Gener81 Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity, and a comparison of the accounts presented with those records. It also includes consideration of any unusu81 items or disclosures In the accounts, and seeking explanations f rom you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view. and the report is limited to those matters set out in the statement below. I have completed my examination. I confirm that no matters have come to my attention in Connection with the examination giving me cause to believe.. 11 l accounting records were not kept in respect of the company as required by section 386 of the 2006 Act,. or 121 the accounts do not accord with those accounting records-, or 131 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that rhe accounts give a 'true and fair, view which is not a matter Considered as part of an independent examination,. or 141 ine accounis nave not Deen preparea In accoraance wiin Ine meinoas ana principles OT Ine iiaiemeni OT Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. 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 rp.ar.hp.rl. King Loose & Co St John's House 5 South Parade Summertown Oxford OX2 7JL H. C. Fanthome F.C.A. Dated

3.

DART CENTRE EUROPE LIMITED

COMPANY NO. 05950105 (ENGLAND AND WALES)

REGISTERED CHARITY NO. 1172731

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024

Income and endowments from:
Grants and Donations
Charitable activities - training
Investment income
Total income
Expenditure on
Raising funds
Charitable activities and
support costs
Total resources expended
Net (Expenditure)/Income for
the period before transfers
Transfers between funds
Exchange losses
Net movement in funds
Total funds brought forward
Total funds carried forward		 Note Unrestricted
Funds
£
124,235
86,683
1,025
211,943
54,511
138,951
193,462
18,481
-
-
736
-
17,745
-
133,214
150,959		 2024
Restricted
Funds
£
-
-
-
-
-
47,876
47,876
47,876

-
-
-
-
47,876

-
68,008
20,132		 Total
Funds
£
124,235
86,683
1,025
211,943
54,511
186,827
241,338
29,395

-
736

30,131

201,222
171,091		 Unrestricted
Funds
£
96,411
72,580
394
169,385
55,975
131,308
187,283
17,898
-
-
395
-
18,293
-
151,507
133,214		 2023
Restricted
Funds
£
92,111
-
-
92,111
-
24,103
24,103
68,008
-
-
-
68,008
-
68,008		 Total
Funds
£
188,522
72,580
394
261,496
55,975
155,411
211,386
50,110
-
395

49,715
151,507
201,222
2
2
3
4
5
10
-
-
-
-

The notes on pages 5 to 8 form part of these accounts.

4.

DART CENTRE EUROPE LIMITED

COMPANY NO. 05950105 (ENGLAND AND WALES) REGISTERED CHARITY NO. 1172731

BALANCE SHEET AS AT 30 JUNE 2024

Note
Current Assets
Debtors and prepayments
7
Cash at bank
Cash in hand
Current Liabilities
Creditors: amounts falling
due within one year
8
Net current assets
Total assets less current liabilities
Represented by:
Unrestricted income fund
10
Restricted fund
10		 30.06.24
£
£
12,169
187,592
199,761
28,670
171,091
171,091
150,959
20,132
171,091		 30.06.23
£
£
4,049
206,988
-
211,037
9,815
201,222
201,222
133,214
68,008
201,222

The trustees/directors consider that for the period ended 30th June 2024 the charitable company was entitled to exemption from the requirements to have an audit under the provision of Section 477 of the Companies Act 2006. No member or members have deposited a notice requesting an audit for the current financial period under Section 476 of the Act.

The trustees/directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with Section 386 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit or loss for the financial period in accordance with the requirements of Sections 393 and 394, and which otherwise comply with the requirements of the Act relating to the financial statements, so far as applicable to the charitable company.

Approved by the directors and trustees on ………...……………. 2025 and signed on its behalf by:

………………………………..

A. Fusco Director and trustee

5.

DART CENTRE EUROPE LIMITED

COMPANY NO. 05950105 (ENGLAND AND WALES)

REGISTERED CHARITY NO. 1172731

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2024

1. Accounting policies

(a) General information

These financial statements have been presented in Pound Sterling as this is the currency of the primary economic environment in which the Charity operates.

(b) Basis of preparation

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), Charities SORP (FRS 102); and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. and the Companies Act 2006.

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

(c) Activities

The financial statements include the results of the charity's operations as described in the directors' and trustees' annual report.

(d) Income recognition

Income of all kinds is accounted for when receivable, i.e. in the period in which the Charity is entitled to receipt, it is probable that the income will be received and the amount of income receivable can be measured reliably. No permanent endowments have been received in the period.

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 settlement will be required and the amount of the obligation can be reliably measured.

Expenditure is included on an accruals basis and has been classified under headings that aggregate all costs related to the category.

All core cost categories are regarded as being in furtherance of the Charity’s objects, as described in the Annual Report.

(f) Operating leases

Rentals applicable to operating leases where substantially all the benefits and risks of ownership remain with the lessor, are reflected in the statement of financial activities as incurred.

(g) Going concern

The financial statements have been prepared on a going concern basis.

The current economic conditions present increased risks for all businesses. In response to such conditions, the directors/trustees have carefully considered these risks, including an assessment of uncertainty on future trading projection for a period of at least 12 months from the date of signing the financial statements, and the extent to which they might affect the preparation of the financial statements.

The directors/trustees have concluded that the going concern basis remains appropriate.

5 (a).

DART CENTRE EUROPE LIMITED

COMPANY NO. 05950105 (ENGLAND AND WALES)

REGISTERED CHARITY NO. 1172731

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2024

1. Accounting policies (continued)

(h) Financial assets - classified as basic financial instruments

(i) Fund accounting

The charity currently holds both unrestricted and restricted funds.

Unrestricted funds comprise those funds which the Trustees are free to use in accordance with the objects of the charity, as defined in the constitution.

Restricted funds represent monies given for specific projects or purposes.

6.

DART CENTRE EUROPE LIMITED

COMPANY NO. 05950105 (ENGLAND AND WALES)

REGISTERED CHARITY NO. 1172731

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2024

2. Charitable activities

Training & workshop fees
Other fees
Grants
Core costs rechargeable		 Unrestricted
Funds
£
86,413
270
-
124,235
210,918		 Restricted
Funds
£
-
-
-
-		 Total Funds
2024
£
86,413
270
-
124,235
210,918		 Unrestricted
Funds
£
67,752
4,828
-
96,411
168,991		 Restricted
Funds
£
-
-
92,111
-
92,111		 Total Funds
2023
£
67,752
4,828
92,111
96,411
261,102

3. Investment income

Bank interest Unrestricted
Funds
£
1,025
1,025		 Unrestricted
Funds
£
1,025
1,025		 Restricted
Funds
£
-
-		 Total Funds
2,024
£
1,025
1,025		 Unrestricted
Funds
£
394
394		 Unrestricted
Funds
£
394
394		 Restricted
Funds
£
-
-		 Total Funds
2,023
£
394
394

7.

DART CENTRE EUROPE LIMITED

COMPANY NO. 05950105 (ENGLAND AND WALES)

REGISTERED CHARITY NO. 1172731

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2024

4.
5.		 Costs of raising funds
Unrestricted
Funds
£
Direct costs - training consultants
54,511
Other direct costs
-
54,511
Charitable activities
Unrestricted
and support costs
Funds
£
Programme development
-
Project costs - grants
-
Freelance staff - operational
94,463
Freelance staff - conferences
10,175
Consultancy
21,348
Governance
1,100
Administration
939
Bank costs
1,407
Insurance
969
Subscriptions
179
Sundry Costs
317
Travel & subsistence - conferences
2,128
Travel & subsistence - non conferenc
4,420
Outreach/events ( UK & Overseas)
1,506
138,951		 Restricted
Funds
£
-
-
-
Restricted
Funds
£
-
47,876
-
-
-
-
-
-
-
-
-
-
-
-
47,876		 Total Funds
2024
£
54,511
-
54,511
Total Funds
2024
£
-
47,876
94,463
10,175
21,348
1,100
939
1,407
969
179
317
2,128
4,420
1,506
186,827		 Unrestricted
Funds
£
55,975
-
55,975
Unrestricted
Funds
£
2,211
-
104,100
-
9,851
1,100
-
824
925
-
-
-
-
12,297
131,308		 Restricted
Funds
£
-
-
-
Restricted
Funds
£
-
24,103
-
-
-
-
-
-
-
-
-
-
-
-
24,103		 Total Funds
2023
£
55,975
-
55,975
Total Funds
2023
£
2,211
24,103
104,100
-
9,851
1,100
-
824
925
-
-
-
-
12,297
155,411

6. Staff costs, Trustees' Remuneration and Related parties

The charity had no employees during the year nor the previous year.

8.

DART CENTRE EUROPE LIMITED

COMPANY NO. 05950105 (ENGLAND AND WALES)

REGISTERED CHARITY NO. 1172731

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2024

7.
8.
9.		 Debtors
Trade debtors
Other debtors
Creditors: Amounts falling due within one year
Agency creditors
Sundry creditors
Other taxes and social security costs
Accruals & deferred income
Analysis of net current assets by funds
Unrestricted income fund
Restricted funds		 2024
£
12,169
-
12,169
2024
£
7,555
14,579
2,379
4,157
28,670
2024
£
150,959
20,132
171,091		 2023
£
3,514
535
4,049
2023
£
-
-
-
9,815
9,815
2023
£
133,214
68,008
201,222

The unrestricted income fund represents net income unexpended and undesignated at the date of the balance sheet. These funds comprise those monies which the Trustees are free to use in accordance with the objects of the Charity, as defined in the constitution.

The restricted funds represent monies given for specific projects or purposes.

10. Funds and reserves

Unrestricted Funds
Restricted - OSF (Ukraine)		 At
01-Jul-23
133,214
68,008
201,222		 Income
211,943
-
211,943		 Expenditure
194,198
-
47,876
-
242,073
-		 Transfers
between
funds
-
-
-		 At
30-Jun-24
150,959
20,132
171,091

11. Company limited by guarantee

Dart Centre Europe Limited is limited by guarantee and therefore has no share capital.