Charity number: 1176374 RECONCILING LEADERS NETWORK (A charitable incorporated organisation) TRUSTEES. REPORT, INDEPENDENT EXAMINER'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
RECONCILING LEADERS NETWORK CONTENTS Page Referen¢¢ and administratlve detai15 of tha charity, Its Trustees and advisers Trustees, report Independent examlnerfs report Statement of financial activities Balance sheet Notes to the financial statements 9-16
RECONCILING LEADERS NETWORK REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Trusts8$ Rev Jesulosin Oladip¢, Chair Rosemary Jane Slalei-carr lappoinled 17 May 2023) Rev Christopher Russell David Humphreville (appointed 1 November 20231 Charty rogistered numbor 1176374 Principal offi¢e Lambeth Palace Lambeth Palace Road London SE17JU Independent Examiner Crowe U.K. LLP Black Country House Rounds Green Road Oldbury Wesl Midlands B69 2DG Bankers Barclays 99 Hatton Gardens London EC1N 8DN Solicltors Hunter5 9 New Square Lincoln's Inn London WC2A 3QN Accountants Charity Accounting Services 6 Sutton Plaza Sthton Court Road Sutton. London SM14FS Page 1
RECONCILING LEADERS NETWORK TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustee5 of the Reconciling Leaders Network IRLNI are pleased lo present their Report. which includes the Trustees, Report. together with the financial slalement5 of RLN for the year ended 31 hAarch 2024. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The charity is ¢onstiluled as a Charitable Incorporated Or9anis8tion. Ils governing document is fis Conslilulion. Organisational structure Governan.. The Trustees are appointed for fixed tems and, by mutual Consent, may be reappointed. Trustees are recruited with regard lo their respective areas of knowledge. skills and experience. There is a comprehensive pre-appoinlmenl briefing and an induction process for new Trustees. On-going training is made available to Trustees as required. RLN is led by Kiera Phyo (Director of RLNI who Teports lo the Board of Trustees. Management and administration.. RLN 15 administered by Kiera Phyo and Zoè Tunstall who provide company secretarial duties. Charity Accounting Services provide book-keeping and aceounting services lo RLN. OBJECTIVE AND ACTIVITIES Objectives The Reconciling Leaders Network {RLNI is dedicated lo promoting conflict resolution and reconciliation both nationally and internationally for the public benefit, as guided by ils Iruslees. RLN focuses on building social and cultural cohesion wrthin Communities impacted by division, disagreements or conflict. This mission includes advancing education and training across various sectors, including individuals, Teligious instrtulions, and voluntary organis81ions. lo prevent potential conflicts and lead non-violent reconciliation efforts in affected areas. Additionally. RLN aims to understand and address the undedying causes of conflict by conducting research into the economic. social, religious. and cultural factors conlribuling lo tensions. Through this research, RLN offers guidance on best practice5 for Conflict prevention and collaborates wf(h communities and organisalions lo share solutions that promote peace. All of RLN's actions are impartial and balanced. ensuring a Commitment to unbiased conflict resolution for the well4Jeing of communities at all levels. Activitles RLN has developed Difference- a suite of resources equipping individuals and groups lo Cross divides, navigate disagreement and practise forgiveness. RLN offers free online training, with all resources available lo download for free or physical copies available lo purchase via Church House Publishing. Activities include product development, content creation. training and PTomotion- as well as supporting Anglican and ecumenical leaders across the Anglican Communion and beyond. supporting the church as an agent of peace in places experiencing violent conflict. This primarily includes in-counlry training, cap8¢lty building and country visits. ACHIEVEMENT AND PERFORMANCE The vision of the Archbishop of Canlerburls Reconciliation Ministry is for the church to be a reconciling presence in the midst of conflict. RLN'S purpose is lo train. equip and inspire a generation lo live as pea¢emakers and reconcilers for a just and flourishing scLiety, for the public benerrt, both intemalionally and nationally. During this period, the RLN team have continued lo focus on developing the Difference course, evaluating ils effectiveness. training hosts to deliver the resource. and creating regular content on everyday peacemaking. Page 2
RECONCILING LEADERS NETWORK TRUSTEES, REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Over the last year Difference for Secondary Schools has been developed with a group of education specialists and in collaboration with the Church of England Education Office. The content was piloted wlh a number of Church of England secondary schools in Autumn 2023, with amends made based on feedback from students and educators. In February 2024, the Archbishop of Canlerbury, 8longside pupils from the pilot programme. launched Difference for Secondary Schools al the Church of England's National Education Conference. The team facililaled face-lo-face online training for educaloT5, school workers and chaplains lo run Difference in their schools. This attracted international interest wrth people joining the training from Europe, USA and South Africa. By the end of this period. the Difference course was translated into four languages (Spanish, Portuguese. French and Arabic) and ils training and equipping of leaders and individuals was accessed in over 75 countries, reaching over c.20.000 people. Drfference continues ils engagement with churches. prison ¢haplaincies and now also se¢ondary schools. The team continue lo work with senior church leadership lo integrate reconciling practices and principles into the lrfe and rhythm of church and community, offering the Difference course as a resource for leaders lo equip their congregations and churches. We have a150 built good relationship with several theological colleges. encouraging them lo run Difference with their ordinand5 as well as providing live training sessions at Trinity Collegè Bristol and Ripon College Cuddesdon. These sessions equip ordinands with the three reconciling habits (Be Curious, Be Present and Reimaginel. drawing on the learning of Difference and exploring how lo n8vigate disagreement and cross divides. Difference was also offered as a resource they could use when in ministry. Differen¢e 'Champions' continue lo have a key role in the implemenlalion of Difference. There are Champions in over 15 countries who engage wlh the team. often contextualising the resour for their locality. Champions integrate Difference into the rhythm of their church lrfe, run dce$e-w1de roll outs of the course and pioneer Difference in various sectors. Additionally, the RLN team have supporte(l Anglican and ecumenical leaders aro¢Jnd the world, particularty in areas of conflict. Over the last year, this has included pastoral support, advice. training, sharing of Difference materials and financial backing lo Anglican bishops in Northem Mozambique. the Democratic Republic of the Congo and Madagascar. Archbishop Justin has also provided pastoral support in person lo Ecumenical contacts in Ukraine. FUTURE PLANS The next financial year will focus on the following areas of developmenl and growth.. Dlfference for Youth Groups - eompleling the development, and launching, of this new re50ur¢e. working with a team of youth Specialists. This will launch May 2024. Youth films- finalising a new film series for the secondary schools and youth group adaptslions of Difference, featuring young people's voices. These will be available September 2024. • Difference for Primary S¢hools - 8 team of educators h8ve been commissioned lo develop material across all key stsges or early and primary education. This wll be piloted by schoo15 in Autumn 2024 and launched early 2025. Difference for communities in¢lud8s resourcing on the three reconciling habits central to Difference. Working with organisalions to support efforts on social Cohesion and societsl disagreement. In particular, sharing the example of reverse menlofing a5 a way to cross generational divides and reimagine power dynamics. A confli¢t4ensitive adaptstion of Difference- lo support peabuIldIng work around the world. Difference for Churches - continue lo Increase church and chaplaincy engagement wrth churches. There is also demand for further translation of the Difference course, including being translated into German. Page 3
RECONCILING LEADERS NETWORK TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW The total income for the period was £249.354 comprising grants and donations. The Trustees seek to continue lo release the funds raised each year lo fund the work of the charity. Remuneration is set by the Trustees. taking into consideration market rate5 of pay lor similar posrtions. The lolal funds of Reconciling Leaders Network at 31 March 2024 were £136,160. Reserves polley Taking one year with another, the Truslees seek to spend all net income as it arises. Trustees seek lo maintain sufficient base of unrestricted funds appropriate to the operation of the charity. The Trustees consider that the value of the unreslricled funds al 31 March 2024 of £136,160 meets these objectives. Public benefit The Trustees have regard to the Charity CommissiDn's guidance on public benefit. Taking the Charity Commission's guidance into consideration, the Board is satisfied that the public benefit requirements have been met. The Archbishop's priority of reconcili8tion provides resources lo encourage people in their Christian faith. Going Concem After making appropriate enquiries. including assessments of the key risks and future budgets, the Trustees have a reasonable expe¢lalion that the charity has adequate resources lo continue in operational existence for the foreseeable future. For this reason. the Trustees continue lo adopt the going concern basis in preparing the financial slalements. Further details regarding the adoption of the going concem basis can be found in the Accounting Policies al Note 1. Page4
RECONCILING LEADERS NETWORK TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 STATEMENT OF TRUSTEES, RESPONSIBILITIES The Trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted A¢¢ounling Praclicel. Charity law requires the trustees lo prepare a slalement of assets and liabilities for each financial year which give a true and fair view of the state of affairs of the charitable incorporated organisalion and of the incoming resour¢es and application of resources, Including the receipts and payments. of the charitable incorporated org8nisalion for that period. In preparing those financial slalemenls. the Trustees are required to". select suitable a¢counling policies and then apply them consislenlly., observe the methods and piin¢iples in the Charities SORP". make judgments and eslimales that are reasonable and prudent". prepare the financial statements on the going concern basis unless it is inappropriate lo presume that the charitable incorporated organisalion will continue in operation. The Trustees are responsible for keeping proper accounting records which disclose with reasonable 8¢curacy, al any time, the financial position of the charitable incorporated organisalion. These enable them to ensure that the financial slalemenls comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charitable incorporated organisation and hence for taking reasonable steps for the prevents'on and detection of fraud and other irregularities. The make-up of the Trustee body is reviewed regularly to ensure that il Is suitably skilled and dThierse. Approved eme befs of the board of Trustees and signed on their behalf by". Tos Chair adipo Date.. 1311112024 Page 5
RECONCILING LEADERS NETWORK INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 Independent examinerfs report to the Trustee$ of R8conciling Leaders Network I'the charlty'l I report lo the charity Trustees on my examination of the accounts of the charity for Ihe year ended 31 March 2024, which are set out on pages 6 to 15. This report is made solely lo the charity's Trustees. as a body, in accordance with section 154 of the Charities Act 2011. My independent examiner's work has been undertaken so that I might stale lo the charity's Trustees those matters l am required lo slate lo them in an independent examiner's Teport and for no other purpose. To the fullest extent permitted by law. I do not accept or assume responsibilty lo anyone other than the charity. the charity's members as a body and the charity's Trustees as a body for my independent examiner's work, for this report, or for the opinions I have formed. Responsibilities and basis of report As the Trustees of the charity you are responsible for the preparation of the accounts in accofdance with the requirements of the Charitie5 A¢1 2011 I'the 2011 Acl'l. I report in re5pe¢t of my examination of the charit$ accounts Carried out under section 145 of the 2011 Act and in Carrying out my examination I have followed the applicable Directions given by the Charrty Commission under section 14515llbl of the 2011 Act. Independgnt examinerfs $tatement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause lo believe that in any material resped.. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act., or the accounts do not a¢cord with those records., or the accounts do not comply with the applicable requirements Conrning the form and content of accounts set out in the Charrties (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. This report has not yet been signed Signed". Helen Blundell LLB FCA FCIE DChA Dated.. 26 November 2024 Crowe U.K. LLP Black Country House Rounds Green Road Oldbury Wesl Midlands B69 2DG Page 6
RECONCILING LEADERS NETWORK STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 R8stricted Unre$tricted funds funds 2024 2024 Total funds 2024 Total funds 2023 Note Income from: Donations Charitable activrties 242,354 242,354 7,000 282,547 7,000 Total income 7,000 242,354 249,354 282,547 Expenditure on.. Charitable activities 2,748 265,861 268,609 244,803 Total expenditure 2.748 265.861 268,609 244,803 Net movement in funds 4,252 123.5071 {19.2551 37,744 Reconciliation of ftjnds: Total funds brought forward Nel movement in funds 1 $5,415 123,5071 155.415 119,2551 117,671 37, 744 4,252 Totsl funds carried forward 4,252 131,908 136,160 155,415 The notes on pages 9 10 16 form part of these financial slatemenls. Page 7
RECONCILING LEADERS NETWORK BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note Current assets Debtors Cash al bank and in hand 2,259 201,263 901 765,507 Current Ilablllties 203,522 766.408 Creditors.. amounls falling due wthin one 12 167,3621 (10,993) Net current assets 136.160 155,415 Charlty funds Restricted funds.. Restricted funds Unrestricted funds 13 4,252 q31,908 13 155,415 Total funds 136,160 155,415 The financial stalernents were approved and authorised for issue by the Trustees and signed on their behaLf by.. n Oladipo Date.. /3/1, /zoL< The notes on pages 9 to 16 form part of these financial statement5. Page 8
RECONCILING LEADERS NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 General informatlon Reconciling Leaders Neork is a ¢h8ritable incorporated organisalion registered with the Charty Commission and a registered charty in England and Wales (number 11763741. Ils registered office is Lambelh Palace. Lambeth Palace Road. London. SE1 7JU. Accounting policie$ 2.1 6a$is of preparatlon of financial $tslements The financial statements have been prepared in accordance with the Charit$ SORP IFRS 1021 Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable lo chanlies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charrties Act 2011. The financial statements have been prepared lo give a 'true and fairf view and have departed from the Charities (Accounts and Reportsl Regulations 2008 only lo the extent required lo provide a 'lnJe and fairf view. This departure has Involved following the Charities SORP IFRS 1021 published in October 2019 rather than the Accounting and Reporting by Charities.. Slalement of Recommended Practice effective from 1 April 2005 which has since been w(thdrawn. Reconciling Leaders NeOrk meets the clefinilion of a public benefit entity under FRS 102. Assets and liabilities are Initial recognised 8t historical cost or transaction value unless otherwise slated in the relevant accounting policy. 2.2 Going concern Having reviewed the financial position. the Trustees have a reasonable expectation that the charity has adequate resources lo continue rts activitie5 for the foreseeable futLJre and that there are no material un¢ertainlies about its abilty to continue. Accordingly they continue to adopt a 90ing ¢oncem basis in preparing the financial ststements. 2.3 Income All income is COgniSed once the charity has entf(lement to the income, il is probable that the income will be received and the amount of income receivable can be measured reliabty. 2.4 Expendlture Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the ¢alegory. Where costs cannot be attributed lo particular headings they have been alk)cated to activities on a basis consistent with the use of resource. Expenditure on charitable activities is incurred on directly undertaking the activities which further the chanly's objectives, as well as any associated support Costs. 2.5 Debtors Trade and other debtors are recognised al the settlement amount after any trade dis¢ount offered. Prepayments are valued al the amount prepaid nel of any trade discounts due. Page 9
RECONCILING LEADERS NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountiny policies {contlnuedl 2.6 Cash at bank and in hand Cash al bank and in hand includes cash and short-lerm highly liquid investments with a short maturty of three months or less from the date of acquisi(ion or opening of the deposit or similar account. 2.7 Liabilltle$ and provislons Liabilities are recognised when there 15 an obligation al the Balance sheet date as a resuh of a past event, il is probable that a Iransler of economic benefit will be required in settlement. and the amount of the settlement can be eslimaled reliably. Liabilities are recognised al the amount Ihal the charity anticipates il will pay lo settle the debt or the amount it has received as advanced payments for the good5 01 seNices il musl provide. 2.8 Financlal Instruments The Charity onty has financial assets and financial liabilitie5 of a kind that qualfy as basic financial instruments. Basic financial instruments are initially recognised al transaction value and subsequent measured at amortised cost using the effective interest method. Financial assets held at amort15ed cost comprise cash at bank and in hand, together with trade and other debtors. Financial liabilities held al amortised cost comprise trade and other creditors. 2.9 Penslons The Charity operates 8 defined contribution pension scheme and the pension charge represents the amounts payable by the charity lo the fund in respect of the year. 2.10 Fund accounting General funds are unrestrided funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Reslricled ftjnds are funds which are to be used in accordance with specific reslriclions imposed by donors or which have been raised by the charty for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each reslricled fund is sel out in the notes lo the financial slalemenls. Page 10
RECONCILING LEADERS NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Critical accounting estimates and areas of Judgement In the application of the Charills accounting policies. Trustee5 are required to make judgments, 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 on-going basis. Revisions ID accounting estimates are recognised in the period in which the estimate 15 revised if the revision affects only that period or in the period of revision and future periods if the revision affects the CUTrenl and future period5. In the view of the Trustees, no assumptions COnrning the future OT estimation uncertainty affecting assets and liabilities at the Balance Sheet dale are likely lo result in a material adjustment to their carrying amounts In the next financial year. Income from donations Unrestricted funds 2024 Total lunds 2024 Total funds 2023 Donations Grants 224 242,130 224 242.130 1,647 280,900 242,354 242.354 282,547 Income from charitsble activitie$ Restricted funds 2024 Total funds 2024 Total funds 2023 Prison Fund 7,000 7,000 Page11
RECONCILING LEADERS NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysis of expenditure on charitable activities Summary by lund type Restricted Unre$tricted funds funds 2024 2024 Total 2024 Total 2023 Charitable activities 2,748 265,861 268,609 244.803 Tot812023 244.803 244.803 Analysis of expenditure by activltie$ A¢livities undertaken directly 2024 Support costs 2024 Total funds 2024 Total funds 2023 Charitable activities 240.883 27.726 268.609 244,803 Total 2023 200.290 44.513 244.803 Analysls of direct costs Total funds 2024 Total funds 2023 Staff costs Other di¢1 costs 127,296 113.587 130,200 70.090 240.883 200,290 Page 12
RECONCILING LEADERS NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysis of expenditure by activities Icontlnu•d Analysis ofsupport costs Total funds 2024 Total funds 2023 Depreciation Office costs Ac¢ounling and bookkeeping Trust Executive Miscellaneous costs Governance costs.. Independent Examinerfs fee 40 1.876 9, 740 28,400 (1,063) 5.520 420 11.400 9.600 1.146 5,160 27,726 44,513 Independent examinerfs remuneration 2024 2023 Fees payable lo the charity independent examiner for the independent examination ol the charity's annual accounts 5,160 5,520 stsff costs 2024 2023 Wage5 and salaries Social security ¢osts Contribution lo defined Contribution pension schemes 108,890 7,517 10,889 111,032 8,064 11,104 127,296 130,200 The average number of persons employed by the charity during the year was as follows.. 2024 No. 2023 No. Average headcount Page13
RECONCILING LEADERS NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Stsff costs Icontinuedl No employee received rernuneration amounting to more than £60.000 in either year. The total employee benefrt5 of key management personnel were £127.296 (2023.. £130,201). The key management personnel consists of the Reconciling Leaders Network Director and Director of Peacebuilding. 10. Trustees. remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2023- £NIL). During the year ended 31 March 2024, no Trustee expenses have been incurred (2023- £NIL). 11. Debtors 2024 2023 Other debtor5 Prepayments and accrued income 862 901 1,397 2,259 901 12. Creditors- Amounts falling due within one year 2024 2023 Trade creditors Other lax*ion and social securty Other creditors Accruals and deferred income 5,950 2,236 1.064 58,112 23fj 1.114 9.643 67,362 10,993 2024 2023 Resources deferred during the year 50,000 Page 14
RECONCILING LEADERS NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13. Statement of funds Statsment of funds - current year Balance at 31 March 2024 Balance at 1 April 2023 Income Expendlture Unrestricted funds General Funds- all funds 155,415 242,354 1265,861) 131,908 Balance at 31 March 2024 Balance at 1 April 2023 Income Expenditure Restricted Funds - all funds 7.000 12.7481 4,252 Statement of funds - prior year Balance at 31 March 2023 Balance al 1 Apnl 2022 Income Expenditure Unrgstricted funds General Funds - all funds 177,672 282,547 (244, 804) 155,415 Prison Fund This fund finances part of the salary of a staff member lo support prison support ac11vilies. Page15
RECONCILING LEADERS NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. Analysls of net assets between funds Anatysis of net assets between funds - current period Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Current assets Creditors due within one year 4.252 199.270 167,3621 203,522 {67,3621 Total 4.252 131.908 136,160 Analysls of net assets between funds- prior period Unreslricled funds 2023 Total lunds 2023 Current assets cditOrs due wf(hin one year 166,408 (10,993) 166.408 110,993) Total 155,415 155.415 15. Pension commltments The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those ol the charity in an independently administered fund. The pension cost charge represents ¢onlribulions payable by the charity to the fund and amounted to £10.889 (2023." £11. 104). Contributions lolalling £1,062 (2023.. £7,072) were payable to the fund at the Balance sheet dale and are included In other credrtors. Page 16