Charity no. 1174564
## **Walk21 Foundation Report and Unaudited Financial Statements 30 September 2024**
## **Walk21 Foundation**
## **Reference and administrative details**
|**For theyear ended 30 September 2024**|**For theyear ended 30 September 2024**|
|---|---|
|**Charity number**|1174564|
|**Registered office and**|24 Moorend Road|
|**operational address**|Cheltenham|
||GL53 0HD|
|**Trustees**|Trustees who served during the year and up to the date of this|
||report were as follows:|
||Heather Allen|
||Kristie Daniel|
||Salvador Herrera|
||James Littlewood|
||Celia Wade-Brown|
|**Chief executive officer**|Bronwen Thornton|
|**Bankers**|HSBC|
||2 The Promenade|
||Cheltenham|
||GL50 1LS|
|**Independent**|Godfrey Wilson Limited|
|**examiners**|Chartered accountants and statutory auditors|
||5th Floor Mariner House|
||62 Prince Street|
||Bristol|
||BS1 4QD|
1
## **Walk21 Foundation**
## **Report of the trustees**
## **For the year ended 30 September 2024**
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).
## **Structure, governance and management**
Walk21 Foundation is a Charitable Incorporated Organisation (CIO) governed by its constitution.
Trustees are appointed in accordance with the constitution. They confirm their understanding and agreement with the values of the charity. Trustees are recruited with the aim of achieving a broad range of specialist knowledge, skills and experience to provide governance and legal responsibility for the organisation.
The Trustees meet three times a year, mostly by remote access. Trustees are supported by an Advisory Council and an informal group of Associates of Walk21. Daily management of the Foundation is to Access Associates Ltd, which provides the secretariat and chief executive functions.
## **Objectives and activities**
The purposes of the charity are set out in the constitution. The objects of the CIO are, for the benefit of the general public in the UK and internationally:
- The promotion and protection of public health and public safety, by promoting and encouraging walking as a means of transport, mobility and recreation, promoting the safety of the walking public, and promoting improvements to the comfort and general amenities of the walking public and the environment experienced by the walking public; and
- The promotion of the conservation, protection and improvement of the physical and natural environment by promoting the contribution of walking to environmental sustainability, improvements in air quality and as a means of mitigating climate change.
This is the seventh Annual Report for Walk21 Foundation following registration as a Charity on 7 September 2017. October 2023 to September 2024 was a year of consolidation and development for Walk21 Foundation, strengthening its operational resources and maintaining the momentum for delivering on the objectives while meeting demand for more input from around the globe.
The trustees have had regard for the Charity’s Commission guidance on public benefit. The Foundation has delivered public benefit through a suite of activities undertaken during the year, including:
- ▪Advocating for walking to decision-makers around the world;
- Providing information, advice, support and encouragement to organisations around the world that are working to get more people walking; and
- ▪Delivering projects that will get more people walking.
## **Achievements and performance**
The main achievements for Walk21 Foundation during this year include:
- Development of the PATH coalition and knowledge products for COP27 and the ITF summit;
- Greater reach and engagement across a range of issues and representation of walking in global events and processes, especially at COP27 and the UITP Congress;
- The first Walk21 conference in Africa, Walk21 Kigali - held in October 2023;
- Leading partner in the development of THE PEP Pan-European Masterplan for Walking; and
- ▪ Further outreach work on the Walkability APP.
Further information about some of these initiatives is provided below:
2
## **Walk21 Foundation**
## **Report of the trustees**
## **For the year ended 30 September 2024**
## **1. Walk21 Global Network**
Walk21 connects a global community of over 5,000 people and organisations who share our mission. We have achieved this through a monthly e-newsletter, social media posts, maintaining a website and responding to individual requests for information and support.
The annual conference continues to be our flagship event, but other international events are key moments of activity and user engagement, especially with our work through the African Network for Walking and Cycling (ANWAC) and THE PEP programme across Europe.
We reach our network primarily through LinkedIn, Instagram and the monthly newsletter as well as input to outreach from other organisations. The newsletter shares stories from the community and Walk21 as well as key items of interest from around the world. On average, each newsletter is opened 700 times.
## **2. Advocacy for Walking**
Walk21 was present at events throughout the year to advocate for walking across a range of agendas that address the Walk21 Foundation charitable objectives, including: public health; safer city streets; equity and mobility; climate action; and economic wellbeing. Highlights include:
|**Date**|**Event**|**Contribution**|
|---|---|---|
|Oct-23|Mamara Muncipalityin Turkey|Invited speaker|
|Oct-23|UN EST Kuala Lumpur|Invited speaker|
|Nov-23|POLIS Conferencepresentation on the APP|Invited speaker|
|Dec-23|COP28 Dubai|Invited speaker|
|May-24|ITF Annual Summit Side Event,Leipzig,Germany|Invited speaker|
|May-24|Inaugural Cities for Children Conference,Bratislava|Invited speaker|
|Jun-24|Green MobilitySummit,Sarajevo|Invited speaker|
In addition, Walk21 contributed to a range of resource developments and initiatives, to provide input and ensure walking was well captured within the project. These include:
- High Level Consultative Committee for the 4th Global Ministerial on Road Safety to be held in Marrakesh in February 2025;
- FIA Child Health Initiative;
- ▪ The ACTIVE consortium hosted by the Government of The Netherlands;
- THE PEP Walking Masterplan development;
- National Walking Policy for Scotland; and
- ▪ The Pan African Action Plan for Active Mobility (PAAPAM).
## **3. Walkability APP**
Further development of the Walkability APP was possible this year thanks to sponsorship from Alstom and through collaborations with more than 26 cities across a number of projects. This represents an ongoing investment in outreach and development to promote walkability around public transport stations. Funding was also agreed to support a local project in Lisbon, Portugal, to measure impact of environments on access to public transport stations for people with a disability. The APP enhanced the feedback received and the funding supported amendments to the software to be more responsive to their needs.
3
## **Walk21 Foundation**
## **Report of the trustees**
## **For the year ended 30 September 2024**
## **4. Walk21 International Conferences**
The Walk21 International Conference on Walking and Liveable Communities was hosted by the University of Rwanda in partnership with the City of Kigali and UN Environment in October 2023. This was the first Walk21 conference on the African continent. Preparations for Walk21 Portugal in October 2024 are also generating a lot of engagement, with more than 450 submissions to the Call for Contributions.
## **5. Enhancing walkability in Tirana, Albania**
This project supported by GIZ to foster commitment to walkability in Tirana concluded last year with the launch of their Walking Strategy, a training program and a Walking Taskforce. In light of the success of this project, Walk21 continues to visit the city and support the local team and the Mayor has invited the International Walk21 Conference to be held in Tirana in October 2025. GIZ will continue to support walking initiatives through to this event.
## **6. PATH**
The coalition Partnership for Active Travel and Health (PATH), supported by the FIA Foundation and delivered in collaboration with the European Cyclists Federation (ECF) and other supporters, continued to develop and present knowledge products at COP28 in November 2023 and promote them throughout the year. In addition, an online symposium of supporters and preparation for COP29 fulfilled the brief. More information is available here: https://pathforwalkingcycling.com
## **7. THE PEP**
Walk21 continued to lead support for the development of a Pan-European Masterplan for Walking, working on training materials as well as the draft strategy. With funding from a number of national ministries, Walk21 led the writing team to draft and review the Masterplan and prepare for its launch at Walk21 Portugal in October 2024.
## **Financial review**
## **General**
The main income for the charity during the year came from:
- FIA Foundation;
- ▪UN Foundation;
- ▪The Instituto da Mobilidade e dos Transportes I.P., (IMT, I.P.);
- ▪Alstom Holdings; and
- ▪Innovate UK.
In total there was £381,972 (2023: £478,369) of income and £523,585 (2023: £446,434) of expenditure.
## **Reserves policy**
Walk21 Foundation adopts a project partner and consultancy model to deliver its charitable work, with costs fluctuating in line with the available income, thus reducing the risk to the charity and the need to hold higher levels of general reserves. In light of this, it has been agreed to set a reserve of enough funds to cover 6 months of core secretariat functions, being £65,000. At year end, the charity held unrestricted reserves of £5,746. Reserves are lower than preferred this year due to some delays in cash flow and project delivery, and the trustees are considering ways to increase general reserves over the coming years to cover this commitment. Trustees review the policy and progress towards this target annually and will continue to monitor the status closely.
4
## **Walk21 Foundation**
## **Report of the trustees**
## **For the year ended 30 September 2024**
## **Risk management**
The trustees have reviewed the major risks to which the charity is exposed, both operationally and financially, and are satisfied that the systems are in place to manage exposure to any risks that may significantly affect the charity.
## **Going concern**
The trustees consider that the charity will continue as a going concern for a period of at least 12 months from the date on which these financial statements are approved for the following reasons:
- The charity has secured several multi-year funds through projects and new initiatives to ensure continuity of funding across financial years;
- ▪ The charity has new funding streams in the pipeline to build up the reserves and mitigate the risks; and
- The focus of the work continues to be in demand globally with increasing levels of interest and engagement from a broader body of stakeholders.
## **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 corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The members of the charity have no liability to contribute to the assets of 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.
5
## **Walk21 Foundation**
## **Report of the trustees**
**For the year ended 30 September 2024**
## **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 23 June 2025 and signed on their behalf by
James Littlewood - Honorary Treasurer
6
## **Independent examiner's report**
## **To the trustees of**
## **Walk21 Foundation**
I report to the trustees on my examination of the accounts of Walk21 Foundation (the CIO) for the year ended 30 September 2024, which are set out on pages 8 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**
Since the CIO’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
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.
## William Guy Blake
Date: 23 June 2025 **William Guy Blake ACA Member of the ICAEW**
For and on behalf of: **Godfrey Wilson Limited**
Chartered accountants and statutory auditors 5th Floor Mariner House
62 Prince Street Bristol BS1 4QD
7
## **Walk21 Foundation**
## **Statement of financial activities**
## **For the year ended 30 September 2024**
|Note
**Income from:**
Donations
Charitable activities
3
Other trading activities
4
Investments
**Total income**
**Expenditure on:**
Raising funds
Charitable activities
**Total expenditure**
6
7
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
**Net income / (expenditure) and net**
**movement in funds**|Restricted Unrestricted
£
£
13,000
-
239,068
99,330
-
30,532
-
42
252,068
129,904
-
18,000
339,493
166,092
339,493
184,092
(87,425)
(54,188)
120,240
59,934
32,815
5,746|**2024**
**Total**
**£**
**13,000**
**338,398**
**30,532**
**42**
**381,972**
**18,000**
**505,585**
**523,585**
**(141,613)**
**180,174**
**38,561**|2023
Total
£
1,500
476,833
-
36|
|---|---|---|---|
||||478,369|
||||16,200
430,234|
||||446,434|
||||31,935
148,239|
||||180,174|
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 13 to the accounts.
8
## **Walk21 Foundation**
## **Balance sheet**
## **As at 30 September 2024**
|Note
**Current assets**
Debtors
10
Cash at bank and in hand
**Liabilities**
Creditors: amounts falling due within 1 year
11
**Net current assets**
**Net assets**
12
**Funds**
13
Restricted funds
Unrestricted funds
**Total charity funds**|**£**
**77,619**
**62,717**
**140,336**
**(101,775)**|**2024**
**£**
**38,561**
**38,561**
**32,815**
**5,746**
**38,561**|2023
£
261,118
105,994|
|---|---|---|---|
||||367,112
(186,938)|
||||180,174|
||||180,174|
||||120,240
59,934|
||||180,174|
Approved by the trustees on 23 June 2025 and signed on their behalf by
James Littlewood - Honorary Treasurer
9
## **Walk21 Foundation**
## **Statement of cash flows**
## **For the year ended 30 September 2024**
|**Cash used in operating activities:**
Net movement in funds
Adjustments for:
Interest from investments
Decrease / (increase) in debtors
(Decrease) / increase in creditors
**Net cash (used in) / provided by operating activities**
**Cash flows from investing activities:**
Interest from investments
**Net cash provided by investing activities**
**(Decrease) / increase in cash and cash equivalents in the year**
Cash and cash equivalents at the beginning of the year
**Cash and cash equivalents at the end of the year**|**2024**
**£**
**(141,613)**
**(42)**
**183,499**
**(85,163)**
**(43,319)**
**42**
**42**
**(43,277)**
**105,994**
**62,717**|2023
£
31,935
(36)
(53,681)
69,930|
|---|---|---|
|||48,148|
|||36|
|||36|
|||48,184
57,810|
|||105,994|
The charity has not provided an analysis of changes in net debt as it does not have any long term financing arrangements.
10
## **Walk21 Foundation**
## **Notes to the financial statements**
## **For the year ended 30 September 2024**
## **1. Accounting policies a) General information and basis of preparation**
Walk21 Foundation is a CIO registered in England and Wales. The registered office address is 24 Moorend Road, Cheltenham, GL53 0HD.
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) and the Charities Act 2011.
Walk21 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. The trustees have considered the charity’s current and future financial position. The charity holds unrestricted, general reserves of £5,746 and a cash balance of £62,717. The trustees consider that the charity has sufficient cash reserves and confirmed future funding to continue as a going concern for a period of at least 12 months from the date on which these financial statements are approved.
## **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.
## **d) Funds accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. 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.
## **e) 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.
11
## **Walk21 Foundation**
## **Notes to the financial statements**
## **For the year ended 30 September 2024**
## **1. Accounting policies (continued)**
## **f) 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 in full to expenditure on charitable activities which is deemed to be reflective of the activities of the charity in this period.
## **g) Debtors**
- Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
## **h) 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.
## **i) 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.
## **j) Conduit funding**
Conduit funds are monies received for third parties and do not belong to the charity. The incoming funds and outgoing payments are excluded from the Statement of Financial Activities. Any conduit funds in hand at the year end are shown on the balance sheet in the accounts.
## **k) Financial instruments**
The trust 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.
## **l) 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.
12
## **Walk21 Foundation**
## **Notes to the financial statements**
## **For the year ended 30 September 2024**
## **1. Accounting policies (continued)**
## **m) 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.
The were no key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements.
## **2. Statement of financial activities: prior period comparative**
|**Income from:**
Donations
Charitable activities
Investments
**Total income**
**Expenditure on:**
Raising funds
Charitable activities
**Total expenditure**
**Net income / (expenditure) and net**
**movement in funds**|Restricted
£
£
-
1,500
439,131
37,702
-
36
439,131
39,238
-
16,200
340,045
90,189
340,045
106,389
99,086
(67,151)
Unrestricted|2023
Total
£
1,500
476,833
36|
|---|---|---|
|||478,369|
|||16,200
430,234|
|||446,434|
|||31,935|
13
## **Walk21 Foundation**
## **Notes to the financial statements**
## **For the year ended 30 September 2024**
## **3. Income from charitable activities**
|**Grants**
Alstom Transport SA
FIA Foundation
Innovate UK
PR Philip Trust
The Instituto da Mobilidade e dos Transportes I.P
UN Environment
**Other**
Sales and fees
**Total income from charitable activities**
**Prior period comparative**
**Grants**
Alstom Foundation
Alstom Transport SA
FIA Foundation
Innovate UK
UN Environment
Commonwealth Walkway Trust
GIX GmbH
Volvo Research and Educational Foundations
TU Dublin
Paths for All Scotland
**Other**
Sales and fees
**Total income from charitable activities**
**4.**
**Income from other trading activities**
Conference sponsorship
**Total income from other trading activities**|Restricted
£
£
42,786
-
95,249
-
28,837
-
3,000
-
51,236
-
17,960
-
-
99,330
239,068
99,330
Restricted
£
£
5,543
-
43,653
-
119,534
-
43,560
-
101,644
-
19,468
-
39,460
-
58,950
-
4,319
-
3,000
-
-
37,702
439,131
37,702
**2024**
**£**
**30,532**
**30,532**
Unrestricted
Unrestricted|**2024**
**Total**
**£**
**42,786**
**95,249**
**28,837**
**3,000**
**51,236**
**17,960**
**99,330**|
|---|---|---|
|||**338,398**|
|||2023
Total
£
5,543
43,653
119,534
43,560
101,644
19,468
39,460
58,950
4,319
3,000
37,702|
|||476,833|
|||2023
£
-|
|||-|
All income from other trading activities in the current and prior period was unrestricted.
14
## **Walk21 Foundation**
## **Notes to the financial statements**
## **For the year ended 30 September 2024**
## **5. Government grants**
The charity received government grants totalling £46,797 (2023: £145,204) from the United Nations and Innovate UK during the period. There are no unfulfilled conditions or contingencies attaching to these grants.
## **6. Total expenditure**
|**Total expenditure**||||
|---|---|---|---|
|Consultancy
Project partners
Conference costs
Management fees
Strategic communications
Accounting
Travel and subsistence
Grants payable to individuals*
Other admin costs
Foreign exchange loss
**Sub-total**
**Total expenditure**
Reallocation of support and governance
costs|£
-
-
-
18,000
-
-
-
-
-
-
18,000
-
**18,000**
Raising
funds|£
£
71,418
-
56,213
-
115,957
-
144,000
18,000
22,329
1,175
-
3,731
36,840
-
782
-
-
23,585
-
11,555
447,539
58,046
58,046
(58,046)
**505,585**
**-**
Support and
governance
costs
Charitable
activities|**£**
**71,418**
**56,213**
**115,957**
**180,000**
**23,504**
**3,731**
**36,840**
**782**
**23,585**
**11,555**
**2024**
**Total**|
||||**523,585**
**-**|
||||**523,585**|
Total governance costs were £2,340 (2023: £2,100).
*Grants payable to individuals comprised travel grants to 2 (2023: 3) individuals to assist with attendance at the Walk21 conference. No balances were outstanding at year end.
15
## **Walk21 Foundation**
## **Notes to the financial statements**
## **For the year ended 30 September 2024**
## **6. Total expenditure (continued) Prior period comparative**
|Consultancy
Project partners
Conference costs
Management fees
Strategic communications
Accounting
Travel and subsistence
Grants payable to individuals*
Other admin costs
Foreign exchange loss
**Sub-total**
**Total expenditure**
Reallocation of support and governance
costs|£
-
-
-
16,200
-
-
-
-
-
-
16,200
-
16,200
Raising
funds|£
£
25,850
-
133,817
-
16,438
-
129,600
16,200
22,294
1,173
-
2,100
54,927
-
994
-
-
15,577
-
11,264
383,920
46,314
46,314
(46,314)
430,234
-
Charitable
activities
Support and
governance
costs|£
25,850
133,817
16,438
162,000
23,467
2,100
54,927
994
15,577
11,264
2023
Total|
|---|---|---|---|
||||446,434
-|
||||446,434|
**7. Net movement in funds**
This is stated after charging:
|Trustees' remuneration
Trustees' reimbursed expenses
Independent examiners' remuneration (excluding VAT):
▪Independent examination|**2024**
**£**
**Nil**
**Nil**
**1,950**|2023
£
Nil
Nil
1,750|
|---|---|---|
In common with other charities of our size and nature we use our independent examiners to assist with the preparation of the financial statements.
## **8. Staff costs and numbers**
The charity did not employ any staff during the year.
The key management personnel of the charity comprises the Trustees and Chief Executive Officer. The Chief Executive Officer is a director of Access Associates Limited, which is contracted to supply management services for a fee totalling £180,000 (2023: £162,000).
16
## **Walk21 Foundation**
## **Notes to the financial statements**
## **For the year ended 30 September 2024**
## **9. Taxation**
The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
## **10. Debtors**
|**10. Debtors**||||
|---|---|---|---|
|Trade debtors
Accrued income
Prepayments
Other debtors
**11. Creditors: amounts due within 1 year**
Trade creditors
Accruals
Deferred income
**12. Analysis of net assets between funds**
Current assets
Current liabilities
**Net assets at 30 September 2024**
**Prior period comparative**
Current assets
Current liabilities
**Net assets at 30 September 2023**|£
94,552
(61,737)
**32,815**
£
263,183
(142,943)
120,240
Restricted
funds
Restricted
funds|**2024**
**£**
**12,135**
**41,316**
**11,212**
**12,956**
**77,619**
**2024**
**£**
**99,435**
**2,340**
**-**
**101,775**
£
45,784
(40,038)
**5,746**
£
103,929
(43,995)
59,934
Unrestricted
funds
Unrestricted
funds|2023
£
12,296
224,927
23,895
-|
||||261,118|
||||2023
£
172,599
2,100
12,239|
||||186,938|
||||**£**
**140,336**
**(101,775)**
**Total**
**funds**|
||||**38,561**|
||||£
367,112
(186,938)
Total
funds|
||||180,174|
17
## **Walk21 Foundation**
## **Notes to the financial statements**
## **For the year ended 30 September 2024**
## **13. Movements in funds**
|£
**Restricted funds**
Alstom Transport SA
17,462
Commonwealth Walkway Trust
19,453
FIA Foundation:
_- Walking and Cycling Coalition_
6,282
Innovate UK
-
TU Dublin
3,324
UN Foundation
68,593
Volvo Research and Educational Foundations:
_- Kigali Conference_
5,126
Walk21 Portugal
-
**Total restricted funds**
120,240
**Unrestricted funds**
General funds
59,934
**Total unrestricted funds**
59,934
**Total funds**
180,174
At 1
October
2023|Income
£
£
**£**
42,786
(42,687)
**17,561**
16,000
(28,976)
**6,477**
95,249
(94,139)
**7,392**
28,837
(28,837)
**-**
-
(2,555)
**769**
17,960
(86,553)
**-**
-
(5,126)
**-**
51,236
(50,620)
**616**
252,068
(339,493)
**32,815**
129,904
(184,092)
**5,746**
129,904
(184,092)
**5,746**
381,972
(523,585)
**38,561**
**At 30**
**September**
**2024**
Expenditure|Income
£
£
**£**
42,786
(42,687)
**17,561**
16,000
(28,976)
**6,477**
95,249
(94,139)
**7,392**
28,837
(28,837)
**-**
-
(2,555)
**769**
17,960
(86,553)
**-**
-
(5,126)
**-**
51,236
(50,620)
**616**
252,068
(339,493)
**32,815**
129,904
(184,092)
**5,746**
129,904
(184,092)
**5,746**
381,972
(523,585)
**38,561**
**At 30**
**September**
**2024**
Expenditure|
|---|---|---|
|||**32,815**|
|||**5,746**|
|||**5,746**|
|||**38,561**|
## **Purposes of restricted funds Alstom Transport SA**
Grant for promoting walkability to support roll out of the APP.
**Commonwealth Walkway Trust**
- To maintain the walkways hardware and website/software to promote the network of walkways around the world.
## **FIA Foundation:**
- _Walking and cycling_ Walking and Cycling Coalition Grant (PATH) to deliver report on
- _coalition grant_ national policies and NDCs for walking and cycling, in collaboration with ECF, Phase 1 and Phase 2.
## **Innovate UK**
Trans Safe Project - EU funded project to improve road safety in Africa.
**TU Dublin** Travel support for academic attendees to participate in Walk21 Kigali.
## **UN Foundation**
To support the UN Environment Share the Road programme, developing a range of tools and resources to support and promote walking and cycling, mostly within Africa but informing the global agenda.
18
## **Walk21 Foundation**
## **Notes to the financial statements**
## **For the year ended 30 September 2024**
## **13. Movements in funds (continued) Purposes of restricted funds (continued)**
## **Volvo Research and Educational Foundations**
_- Kigali Conference_
Pre-conference session at Walk21 Kigali Conference 2023.
## **Walk21 Portugal**
Partnership to deliver the Walk21 Portugal Conference in Lisbon in October 2024
|**Prior period comparative**
£
**Restricted funds**
Alstom Foundation
8,880
Alstom Transport SA
-
Commonwealth Walkway Trust
-
FIA Foundation:
_- Walking and Cycling Coalition_
-
_- Pathways to Walkable Cities_
-
GIZ : Tirana
-
Innovate UK
-
Paths for All Scotland
-
TU Dublin
-
UN Foundation
9,141
Volvo Research and Educational Foundations:
_- Walking Policy_
-
_- Kigali Conference_
-
_- Walk21 Ireland Conference Travel Grants_
3,133
**Total restricted funds**
21,154
**Unrestricted funds**
General funds
127,085
**Total unrestricted funds**
127,085
**Total funds**
148,239
At 1
October
2022|Income
£
5,543
43,654
19,468
104,029
15,505
39,459
43,560
3,000
4,319
101,644
53,824
5,126
-
439,131
39,238
39,238
478,369|£
**£**
(14,423)
**-**
(26,192)
**17,462**
(15)
**19,453**
(97,747)
**6,282**
(15,505)
**-**
(39,459)
**-**
(43,560)
**-**
(3,000)
**-**
(995)
**3,324**
(42,192)
**68,593**
(53,824)
**-**
-
**5,126**
(3,133)
**-**
(340,045)
**120,240**
(106,389)
**59,934**
(106,389)
**59,934**
(446,434)
**180,174**
**At 30**
**September**
**2023**
Expenditure|£
**£**
(14,423)
**-**
(26,192)
**17,462**
(15)
**19,453**
(97,747)
**6,282**
(15,505)
**-**
(39,459)
**-**
(43,560)
**-**
(3,000)
**-**
(995)
**3,324**
(42,192)
**68,593**
(53,824)
**-**
-
**5,126**
(3,133)
**-**
(340,045)
**120,240**
(106,389)
**59,934**
(106,389)
**59,934**
(446,434)
**180,174**
**At 30**
**September**
**2023**
Expenditure|
|---|---|---|---|
||||**120,240**|
||||**59,934**|
||||**59,934**|
||||**180,174**|
## **14. Related party transactions**
A trustee, Heather Allen, is also a trustee of the Walk21 Foundation sister organisation Walk21 Europe (a charity registered in the Netherlands (77903072), not legally connected to Walk21 Foundation). During the year, Walk21 accrued income of £24,398 (2023: £11,372) to adminster projects on behalf of Walk21 Europe. At year end, £24,398 was outstanding.
19