**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 2025** ## **RECONCILING LEADERS NETWORK** ## **CONTENTS** ||Page| |---|---| |**Reference and administrative details of the charity, its Trustees and advisers**|1| |**Trustees' report**|2 - 5| |**Independent examiner's report**|6| |**Statement of financial activities**|7| |**Balance sheet**|8| |**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 2025** |**Trustees**|Rosemary Jane Slater-Carr: Chair (6 March 2025 onwards)| |---|---| ||Rev Jesutosin Oladipo: Former Chair (until 6 March 2025)| ||Rev Christopher Russell| ||David Humphreville| |**Charity registered**
**number**
1176374
**Principal office**
Lambeth Palace
Lambeth Palace Road
London
SE1 7JU
**Independent Examiner**
Crowe U.K. LLP
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG
**Bankers**
Barclays
99 Hatton Gardens
London
EC1N 8DN
**Solicitors**
Hunters
9 New Square
Lincoln's Inn
London
WC2A 3QN
**Accountants**
Charity Accounting Services
6 Sutton Plaza
Sutton Court Road
Sutton, London
SM1 4FS|| Page 1 ## **RECONCILING LEADERS NETWORK** ## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025** The Trustees of the Reconciling Leaders Network (RLN) are pleased to present their Report, which includes the Trustees' Report, together with the financial statements of RLN for the year ended 31 March 2025. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is constituted as a Charitable Incorporated Organisation. Its governing document is its memorandum and articles of association. ## **Organisational structure** **Governance:** The Trustees are appointed for fixed terms and, by mutual consent, may be reappointed. Trustees are recruited with regard to their respective areas of knowledge, skills and experience. There is a comprehensive pre-appointment briefing and an induction process for new Trustees. On-going training is made available to trustees as required. On 6 March 2025, Rev Jesutosin Oladipo stepped down as Chair, remaining a trustee, and trustees elected Rosemary Slater-Carr as the new Chair. RLN is led by Kiera Phyo (Director of RLN) who reports to the Board of Trustees. **Management and administration:** RLN is administered by Kiera Phyo and Zoë Tunstall who provide company secretarial duties. Charity Accounting Services provide bookkeeping and accounting services to RLN. ## **OBJECTIVE AND ACTIVITIES** ## **Objectives** The Reconciling Leaders Network (RLN) is dedicated to promoting peacemaking, conflict resolution and reconciliation both nationally and internationally for the public benefit, as guided by its trustees. RLN has developed the _Difference_ course for churches, chaplaincies, Christian youth groups and schools, equipping people to cross divides, navigate disagreement and pursue a just and flourishing society. Supporting efforts for social cohesion within communities. This includes advancing education and training across various sectors, including individuals, Christian institutions, and voluntary organisations, to prevent potential conflicts and lead non-violent reconciliation efforts. RLN offers guidance on healthy practices for conflict prevention and collaborates with communities and organisations to share solutions that promote peace, for the well-being of communities at all levels. ## **Activities** RLN has developed _Difference_ – a suite of resources equipping individuals and groups to cross divides, navigate disagreement and practise forgiveness. RLN offers free online training, with all resources available to download for free or physical copies available to purchase via Church House Publishing. Activities include resourcing development, continuous learning through regular content creation, training and promotion – as well as working with Anglican and ecumenical leaders across the Anglican Communion and beyond, supporting the church as an agent of peace in places experiencing conflict. This primarily includes in-country training, capacity building, and country visits. ## **ACHIEVEMENT AND PERFORMANCE** **The Reconciling Leaders Network (RLN)** exists to train, equip, and inspire a generation to live as peacemakers and reconcilers—nationally and internationally—for a just and flourishing society. We support churches to be a reconciling presence in the midst of conflict. Over the past year, the RLN team has focused on developing and evaluating the _Difference course_ , training hosts, and producing regular content on everyday peacemaking. Page 2 ## **RECONCILING LEADERS NETWORK** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025** In February 2024, _Difference for Secondary Schools_ launched at the Church of England’s National Education Conference, following over a year of development and piloting in Church of England schools. In May, we launched _Difference for Youth Groups_ , a new resource for church youth groups. Piloted ecumenically across the UK, feedback from young people and leaders shaped the final materials. A celebration event at Lambeth Palace, hosted by the Archbishop of Canterbury, marked the launch, with around 300 guests in attendance. We promoted these new resources at national and regional events, identifying champions and gathering feedback. In November 2024, we partnered with Youthscape at the National Youth Ministry Weekend (NYMW), sharing the resources with 1,000 children and youth workers - delivering training and distributed host and participant guides. We presented at a USA education conference in Orlando (with international delegates), where we were hosted as guest speakers. The team continues to deliver online training for educators, youth workers, churches and chaplains, with participants joining from Europe, the U.S., Canada, Australia, New Zealand, and South Africa. This year, we trained c.240 youth-focused hosts with 140 youth and school courses being registered. We are finalising _Difference for Primary Schools_ , developed with expert education consultants and piloted in 27 schools across England, Wales, Canada, and South Africa. Insights from children and educators will shape the final resources, with a full programme for all five Key Stages launching in September 2025. A conflict-sensitive adaptation of _Difference_ is in development phase, designed for communities experiencing violent conflict or heightened societal tension. We’ve held over 15 consultations with experts and _Difference_ champions working in conflict contexts, shaping the initial framework for further development in the coming year. In February, we completed the German translation of _Difference_ . In addition to the five languages which are currently available: Spanish, Portuguese, French, and Arabic. Our training and resources have now reached approximately over 35,000 people in 75 countries. We work closely with senior church and organisational leaders to embed reconciling practices into the life of the church and wider community. In March 2025, we hosted 30 leaders at a Reconciliation as Mission event, fostering collaboration around the fourth Anglican Mark of Mission. As part of Phase 3 of the Lambeth Conference, we are co-developing the Reconciliation Call webinar with the Anglican Communion Office, scheduled for November 2025, to explore the impact and future of the 2022 Lambeth Reconciliation Call. _Difference_ Champions continue to play a vital role in global implementation. Active in over 15 countries, they contextualise the resource, integrate it into church life, lead diocesan rollouts, and pioneer its use in diverse sectors. Additionally, we've supported Anglican and ecumenical leaders around the world, particularly in areas of conflict. Over the last year, this has included pastoral support, advice, training for Anglican bishops in Northern Mozambique, the Democratic Republic of the Congo and Madagascar. In collaboration with the Church of England Pension Board’s ‘Ethical Investment Advisory Group,’ the Global Centre for Peacebuilding and Business (GCPB) has been established, which was officially consecrated by the Archbishop of Cape Town in October 2024. The GCPB supports reconciliation efforts focussed on the intersection between extractive industries and conflict; and the role investors, business leaders, and the church can have in peacebuilding to promote societal flourishing. The GCPB envisions a world where business and peace initiatives work in harmony to resolve conflicts through dialogue leading to cooperative economic development. To invest in our team’s development, we trained at the Corrymeela Community in Dialogue for Peaceful Change, and three team members completed Strategies for _Trauma Awareness and Resilience (STAR)_ training at Eastern Mennonite University, strengthening our capacity as trauma-informed leaders. Page 3 ## **RECONCILING LEADERS NETWORK** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025** Following the resignation of Justin Welby as Archbishop of Canterbury on 6 January 2025, RLN submitted a Serious Incident Report to the Charity Commission, acknowledging potential reputational risks due to our association. Trustees are responding with a comprehensive review of policies and procedures, engagement with key partners and funders, and updates to all relevant materials. ## **FUTURE PLANS** The next financial year will focus on the following areas of development and growth: - _Difference for Primary Schools_ – completing the development and launching this new resource in September 2025. - Hosting an online Global Gathering of _Difference_ Champions in April 2025. - A conflict-sensitive adaptation of _Difference_ – to support peacebuilding work around the world. - _Difference for Churches_ – continue to increase church and chaplaincy engagement with churches. - Prepare content for the Lambeth Conference Reconciliation Call webinar – Bishops and interested groups from across the Communion will join this global webinar, which take place in November 2025. - Continued investment in reconciling leaders gathering with a focus on the Anglican Fourth Mark of Mission with the next event scheduled for November 2025. ## **FINANCIAL REVIEW** The total income for the period was £371,000 (2024: £249,354) comprising grants and donations. The Trustees seek to continue to release the funds raised each year to fund the work of the charity. Remuneration is set by the Trustees, taking into consideration market rates of pay for similar positions. The total funds of Reconciling Leaders Network at 31 March 2025 were £160,355 (2024: £136,160). ## **Reserves policy** Taking one year with another, the Trustees seek to spend all net income as it arises. Trustees seek to maintain a sufficient base of unrestricted funds appropriate to the operation of the charity. The Trustees consider that the value of the unrestricted funds at 31 March 2025 of £160,355 (2024: £136,160) meets these objectives. ## **Public benefit** The Trustees have regard to the Charity Commission’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. ## **Going concern** After making appropriate enquiries, including assessments of the key risks and future budgets, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, the Trustees continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies at Note 2. Page 4 ## **RECONCILING LEADERS NETWORK** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025** ## **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 Accounting Practice). Charity law requires the trustees to prepare a statement of assets and liabilities for each financial year which give a true and fair view of the state of affairs of the charitable incorporated organisation and of the incoming resources and application of resources, including the receipts and payments, of the charitable incorporated organisation for that period. 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 judgments and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable incorporated organisation 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 charitable incorporated organisation. These enable them to ensure that the financial statements 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 prevention and detection of fraud and other irregularities. The make-up of the Trustee body is reviewed regularly to ensure that it is suitably skilled and diverse. Approved by order of the members of the board of Trustees and signed on their behalf by: ................................................ **Rosemary Slater-Carr** Chair Date: 25/11/2025 Page 5 ## **RECONCILING LEADERS NETWORK** ## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025** ## **Independent examiner's report to the Trustees of Reconciling Leaders Network ('the charity')** I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2025, which are set out on pages 6 to 15. This report is made solely to 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 state to the charity’s Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to 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 accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the charity's 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 Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** Since the charity'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 ICAEW, which is one of the listed bodies. 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 that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 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. Signed: Dated: 25.11.2025 Helen Blundell LLB FCA FCIE DChA ## **Crowe U.K. LLP** Black Country House Rounds Green Road Oldbury West Midlands B69 2DG Page 6 ## **RECONCILING LEADERS NETWORK** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025** |**Note**
**Income from:**
Donations
4
Charitable activities
5
**Total income**
**Expenditure on:**
Charitable activities
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Restricted**
**funds**
**2025**
**£**
**-**
**-**
**-**
**4,252**
**4,252**
**(4,252)**
**4,252**
**(4,252)**
**-**|**Unrestricted**
**funds**
**2025**
**£**
**371,000**
**-**
**371,000**
**342,553**
**342,553**
**28,447**
**131,908**
**28,447**
**160,355**|**Total**
**funds**
**2025**
**£**
**371,000**
**-**
**371,000**
**346,805**
**346,805**
**24,195**
**136,160**
**24,195**
**160,355**|_Total_
_funds_
_2024_
_£_
_242,354_
_7,000_
_249,354_
_268,609_
_268,609_
_(19,255)_
_155,415_
_(19,255)_
_136,160_| |---|---|---|---|---| The notes on pages 9 to 16 form part of these financial statements. Page 7 ## **RECONCILING LEADERS NETWORK** ## **BALANCE SHEET AS AT 31 MARCH 2025** |**Note**
**Current assets**
Debtors
10
Cash at bank and in hand
**Current liabilities**
**Current liabilities**
Creditors: amounts falling due within one
year
11
**Net current assets**
**Charity funds**
Restricted funds:
Restricted funds
12
Unrestricted funds
12
**Total funds**|**2,151**
**172,343**
**174,494**
**(14,139)**|**2025**
**£**
**160,355**
**-**
**160,355**
**160,355**|_2,259_
_201,263_
_203,522_
_(67,362)_|_2024_
_£_
_136,160_
_4,252_
_131,908_| |---|---|---|---|---| |||||| |||||_136,160_| The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by: ................................................ **Rosemary Slater-Carr** Chair ## Date: 25.11.2025 The notes on pages 9 to 16 form part of these financial statements. Page 8 ## **RECONCILING LEADERS NETWORK** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **1. General information** Reconciling Leaders Network is a charitable incorporated organisation registered with the Charity Commission and a registered charity in England and Wales (number 1176374). Its registered office is Lambeth Palace, Lambeth Palace Road, London, SE1 7JU. ## **2. Accounting policies** ## **2.1 Basis of preparation of financial statements** The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. Reconciling Leaders Network 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. ## **2.2 Going concern** Having reviewed the financial position, the Trustees have a reasonable expectation that the charity has adequate resources to continue its activities for the foreseeable future and that there are no material uncertainties about its ability to continue. Accordingly they continue to adopt a going concern basis in preparing the financial statements. ## **2.3 Income** All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. ## **2.4 Expenditure** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be attributed to particular headings they have been allocated 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 charity's objectives, as well as any associated support costs. ## **2.5 Debtors** Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Page 9 ## **RECONCILING LEADERS NETWORK** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **2. Accounting policies (continued)** ## **2.6 Cash at bank and in hand** Cash at bank and 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. ## **2.7 Liabilities and provisions** Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. ## **2.8 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 amortised cost using the effective interest method. Financial assets held at amortised cost comprise cash at bank and in hand, together with trade and other debtors. Financial liabilities held at amortised cost comprise trade and other creditors. ## **2.9 Pensions** The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year. ## **2.10 Fund accounting** General funds are unrestricted 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. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Page 10 ## **RECONCILING LEADERS NETWORK** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **3. Critical accounting estimates and areas of judgement** In the application of the Charity's accounting policies, Trustees 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 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 revision and future periods if the revision affects the current and future periods. In the view of the Trustees, no assumptions concerning the future or estimation uncertainty affecting assets and liabilities at the Balance Sheet date are likely to result in a material adjustment to their carrying amounts in the next financial year. ## **4. Income from donations** |**Unrestricted**
**funds**
**2025**
**£**
Donations
-
Grants
371,000
371,000
**Income from charitable activities**
**Restricted**
**funds**
**2025**
**£**
Prison Fund
-|**Total**
**funds**
**2025**
**£**
**-**
**371,000**
**371,000**
**Total**
**funds**
**2025**
**£**
**-**|_Total_
_funds_
_2024_
_£_
_224_
_242,130_| |---|---|---| |||_242,354_| |||_Total_
_funds_
_2024_
_£_
_7,000_| ## **5. Income from charitable activities** Page 11 ## **RECONCILING LEADERS NETWORK** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **6. Analysis of expenditure by activities** |**Activities**
**undertaken**
**directly**
**2025**
**£**
Charitable activities
311,032
_Total 2024_
_240,883_
**Analysis of direct costs**
Staff costs
Other direct costs
**Analysis of support costs**
Office costs
Accounting and bookkeeping
Trust Executive
Miscellaneous costs
Governance costs: Independent Examiner's fee|**Support**
**costs**
**2025**
**£**
35,773
_27,726_|**Total**
**funds**
**2025**
**£**
**346,805**
_268,609_
**Total**
**funds**
**2025**
**£**
**162,856**
**148,176**
**311,032**
**Total**
**funds**
**2025**
**£**
**1,701**
**12,390**
**13,716**
**1,156**
**6,810**
**35,773**|_Total_
_funds_
_2024_
_£_
_268,609_| |---|---|---|---| ||||_Total_
_funds_
_2024_
_£_
_127,296_
_113,587_| ||||_240,883_| ||||_Total_
_funds_
_2024_
_£_
_420_
_11,400_
_9,600_
_1,146_
_5,160_| ||||_27,726_| Page 12 ## **RECONCILING LEADERS NETWORK** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **7. Independent examiner's remuneration** ||**2025**|_2024_| |---|---|---| ||**£**|_£_| |Fees payable to the charity independent examiner for the independent||| |examination of the charity`s annual accounts|**6,000**|_5,160_| ## **8. Staff costs** |Wages and salaries
Social security costs
Contribution to defined contribution pension schemes|**2025**
**£**
**137,615**
**11,480**
**13,761**
**162,856**|_2024_
_£_
_108,890_
_7,517_
_10,889_| |---|---|---| |||| |||_127,296_| The average number of persons employed by the charity during the year was as follows: ||**2025**|_2024_| |---|---|---| ||**No.**|_No._| |Average headcount|**2**|_2_| There were two employees who received remuneration above £60,000 during the year. J Megoran £74,311 and K Phyo £63,304. The total employee benefits of key management personnel were £162,856 _(2024: £127.296)_ . The key management personnel consists of the Reconciling Leaders Network Director and Director of Peacebuilding. ## **9. Trustees' remuneration and expenses** During the year, no Trustees received any remuneration or other benefits _(2024 - £NIL)_ . During the year ended 31 March 2025, no Trustee expenses have been incurred _(2024 - £NIL)_ . Page 13 ## **RECONCILING LEADERS NETWORK** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **10. Debtors** |Other debtors
Prepayments and accrued income|**2025**
**£**
**864**
**1,287**
**2,151**|_2024_
_£_
_862_
_1,397_| |---|---|---| |||| |||_2,259_| ## **11. Creditors: Amounts falling due within one year** |Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income
Deferred income at 1 April 2024
Resources deferred during the year
Amounts released from previous periods|**2025**
**£**
**4,902**
**236**
**1,201**
**7,800**
**14,139**
**2025**
**£**
**50,000**
**-**
**(50,000)**
**-**|_2024_
_£_
_5,950_
_2,236_
_1,064_
_58,112_| |---|---|---| |||| |||_67,362_| |||_2024_
_£_
_-_
_50,000_
_-_| |||| |||_50,000_| Page 14 ## **RECONCILING LEADERS NETWORK** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **12. Statement of funds** ## **Statement of funds - current year** |
**Unrestricted funds**
General Funds - all funds

Prison Fund
**Total of funds**
**Statement of funds - prior year**
**Unrestricted funds**
General Funds - all funds
**Restricted funds**
Restricted Funds - all funds
**Total of funds**|**Balance at 1**
**April 2024**
**£**
**131,908**
**Balance at 1**
**April 2024**
**£**
**4,252**
**136,160**
_Balance at_
_1 April 2023_
_£_
_155,415_
_Balance at_
_1 April 2023_
_£_
_-_
_155,415_|**Income**
**£**
**371,000**
**Income**
**£**
**-**
**371,000**
_Income_
_£_
_242,354_
_Income_
_£_
_7,000_
_249,354_|**Expenditure**
**£**
**(342,553)**
**Expenditure**
**£**
**(4,252)**
**(346,805)**
_Expenditure_
_£_
_(265,861)_
_Expenditure_
_£_
_(2,748)_
_(268,609)_|**Balance at**
**31 March**
**2025**
**£**
**160,355**| |---|---|---|---|---| |||||**Balance at**
**31 March**
**2025**
**£**
**-**| |||||**160,355**| |||||_Balance at_
_31 March_
_2024_
_£_
_131,908_| |||||_Balance at_
_31 March_
_2024_
_£_
_4,252_| |||||_136,160_| ## **Prison Fund** This fund finances part of the salary of a staff member to support prison support activities. Page 15 ## **RECONCILING LEADERS NETWORK** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **13. Analysis of net assets between funds** ## **Analysis of net assets between funds - current year** |**Unrestricted**
**funds**
**2025**
**£**
Current assets
174,494
Creditors due within one year
(14,139)
**Total**
160,355|**Total**
**funds**
**2025**
**£**
**174,494**
**(14,139)**
**160,355**| |---|---| ## **Analysis of net assets between funds - prior year** |Current assets
Creditors due within one year
**Total**|_Restricted_
_funds_
_2024_
_£_
_4,252_
_-_
_4,252_|_Unrestricted_
_funds_
_2024_
_£_
_199,270_
_(67,362)_
_131,908_|_Total_
_funds_
_2024_
_£_
_203,522_
_(67,362)_
_136,160_| |---|---|---|---| ## **14. Pension commitments** The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £13,761 _(2024: £10,889)_ . Contributions totalling £1,201 _(2024: £1,062)_ were payable to the fund at the Balance sheet date and are included in other creditors. Page 16