CHARITY REGISTRATION NUMBER - 1176572
SURFERS NOT STREET CHILDREN UK
CHARITABLE INCORPORATED ORGANISATION
UNAUDITED FINANCIAL STATEMENTS
12 MONTH PERIOD ENDED 31 MARCH 2024
SURFERS NOT STREET CHILDREN UK
FOR THE 12 MONTH PERIOD ENDED 31 MARCH 2024
CONTENTS
| TRUSTEES REPORT INDEPENDENT EXAMINER'S REPORT 12 MONTH PERIOD ENDED 31ST MARCH 2023 BALANCE SHEET NOTES TO THE ACCOUNTS |
Page |
|---|---|
| 1-4 5 6 7 8-13 |
SURFERS NOT STREET CHILDREN UK
REPORT OF THE TRUSTEES
FOR THE 12 MONTH PERIOD ENDED 31 MARCH 2024
REFERENCE AND ADMINISTRATIVE DETAILS
| Registered Charity No: | 1176572 |
|---|---|
| Registered Office: | Hills Court Cottage |
| North Down Road | |
| Braunton | |
| EX33 2EE | |
| Trustees: | Andrew Brookes (Chair) |
| Jeremy Radcliffe | |
| Joe Walker | |
| Joel Meadows | |
| Bankers: | CAF Bank Limited (Charities Aid Foundation) |
| 25 Kings Hill Avenue | |
| Kings Hill | |
| West Malling | |
| Kent | |
| ME19 4JQ | |
| Independent examiner: | Claire Docherty FCCA |
| Smith Craven (Yorkshire) Ltd | |
| Sidings House | |
| Sidings Court | |
| Doncaster | |
| South Yorkshire | |
| DN4 5NU |
Page 1
SURFERS NOT STREET CHILDREN UK
REPORT OF THE TRUSTEES
FOR THE 12 MONTH PERIOD ENDED 31 MARCH 2024
The Trustees present their annual report and financial statements of the Charity for the year ended 31 March 2024 The financial statements comply with the Charities Act 2011 and Accounting and Reporting by Charities: Statement 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).
Objectives and Activities
The Charity was established as a Charitable Incorporated Organisation on the 8 January 2018. The principal purposes of the Charity are as follows:
1. To change the way that society perceives and treats street children globally (advocacy).
2. To support our partners in identifying and empowering street children in South Africa and Mozambique, enabling them to leave street life and reintegrate back into society successfully.
3. To work with our partners to ensure that the children and youth that they work with are developed in order to be independent and sustainable in their adult lives.
4. To support our partners in their identification of children at risk of becoming street children or at risk of street- involvement and to divert them, offering them new hope.
It achieves this by advocating from the UK on the global phenomena of street children, supporting partner organisations in South Africa and Mozambique through fundraising and the provision of grants, and through capacity building and other infrastructural support to local partners.
Public Benefit
The trustees confirm that they have complied with the duty in the section 4 of the Charities Act 2006 to have due regard to the Charity Commission’s general guidance on public benefit. The purpose of the Charity is enshrined in its objects as outlined above. The trustees ensure that this is carried out for the public benefit.
Achievements and Performance
Advocacy and Awareness Raising:
Media Coverage: Surf magazine Zig Zag featured our partner organization, highlighting the challenges faced by street children and those affected by poverty, engaging a core audience of surfers.
Community Engagement: We enabled our South African partner organization participated in the KZN school surfing league, introducing surfing to schools in Durban that previously lacked access to the sport.
International Exposure: We organised for six team members from our South African partners to receive entries into the World Surf League’s (WSL) Ballito Pro Rookie Rippers contest, showcasing their talent on a global stage. Additionally, our team visited the WSL Jeffreys Bay Contest, meeting renowned surfers and inspiring the children in our program.
High-Profile Support: Our CEO conducted a media interview with 11-time world champion Kelly Slater, who supports our work, amplifying visibility for our cause. This was highly publicized.
International Competitions: We enabled the funds and access for two young women from our South African program partner competed internationally. One participant won an event in the USA focused on diversity in surfing, while another represented South Africa at the ISA Junior World Championships in El Salvador.
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SURFERS NOT STREET CHILDREN UK
REPORT OF THE TRUSTEES
FOR THE 12 MONTH PERIOD ENDED 31 MARCH 2024
Program Evaluation:
In January 2024, we conducted an evaluation of our programs in South Africa and Mozambique, incorporating input from staff, children, and youth. Using ‘best practice’ methodology recommended by the International Surf Therapy Organisation (ISTO), the evaluation highlighted the program’s positive impact on education, health, well-being, and future employment, while steering children away from street life and associated risks.
Findings showed that Surfers Not Street Children’s South Africa and Mozambique partners uniquely combine routine, mentorship, and inclusivity, providing safe spaces, developmental programs, and a path to independence for children, especially for those born into poverty, including girls and young women. Many program participants have transformed their lives, achieving independence as baristas, lifeguards, surf shop staff, restaurant workers, surf coaches, and even pro surfers.
We engaged The Honorable Mr. Justice M. R. Chetty of the Durban High Court to review our evaluation, and he visited the work and affirmed its accuracy and commended our partner’s role in stabilizing the daily lives of the children through school support, wellness classes, and daily meals. He praised the program’s success in fostering both personal and academic growth, while ensuring that children feel a strong sense of belonging.
Strategic Initiatives and Sustainability Efforts:
The evaluation praised planned initiatives to deepen skills development and leadership training for senior staff in South Africa and Mozambique, a forward-thinking approach that promises to enhance the program’s impact and ensure sustainable outcomes. SNSC’s commitment to community integration and holistic youth development continues to transform individual lives and strengthen the communities it serves.
During the year this included our partner organisation being supported to retrain the lifeguards who work directly with the children in their programme.
Advocacy and Public Engagement:
UK Advocacy Events: We hosted a premiere of a surfing film about Mozambique at an advocacy event in London, sponsored by CCLA, and screened the film at the Blue Earth Summit, engaging business leaders and other influencers.
Recognition and Awards: In May 2023, CEO and founder Tom Hewitt MBE received the Nelson Mandela Changemaker Award from the Mandela Family and the Nelson Mandela Foundation in the USA, leveraging the platform to share SNSC’s mission and raise awareness.
Merchandising and Fundraising: In November 2023, we launched a new merchandise line to increase awareness and support fundraising efforts. Additionally, we ran a ‘Back to School’ fundraising campaign in November and December to support school equipment and uniforms for our partner programs.
Supporting other organisations: In March 2024 we hosted one of our partner organisation Smile Wave from Switzerland and they brought representatives from a Hawaiian community non profit and we shared best practice and insights to inform their programming.
This reporting period marks substantial progress for Surfers Not Street Children, highlighting impactful program activities, successful advocacy initiatives, and significant strides toward creating lasting change for vulnerable youth in South Africa and Mozambique.
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SURFERS NOT STREET CHILDREN UK
REPORT OF THE TRUSTEES
FOR THE 12 MONTH PERIOD ENDED 31 MARCH 2024
Reserves Policy
The trustees have examined the requirement for free reserves which are those unrestricted funds not invested in fixed assets, designated for specific purposes or otherwise committed. The Trustees consider that, given the nature of the work of the CIO, it is prudent to have 3 months running costs as the targeted amount of reserves which is £20,000. We ended the financial year with £28,377 free reserves.
Risk Management
The trustees are aware of the operational and business risks and have established controls in place to mitigate any significant risk.
In conclusion, Surfers Not Street Children UK remains committed to driving change, advocating for street children, and ensuring they have a fair chance at a fulfilling life.
Statement of Trustee Responsibilities
Charity law requires the trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charity at the period end and of its incoming resources and resources expended during that period. In preparing those financial statements, the trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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Make judgements and estimates that are reasonable and prudent;
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State whether applicable accounting standards and statements of recommended practice have been followed
· Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The statement of financial activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities.
Signed on behalf of the Trustees:-
A Brookes
Andrew Brookes (Jan 14, 2025 10:04 GMT) Date: 14/01/2025
J Radcliffe Jeremy Radcliffe (Jan 10, 2025 11:56 GMT)Jeremy Radcliffe
Date: 14/01/2025
Page 4
SURFERS NOT STREET CHILDREN UK INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
Report to the trustees of Surfers Not Street Children UK on the accounts for the period ended 31st March 2024 set out on pages 6 to 13.
Respective responsibilities of trustees and examiner
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 Act'). I report in respect of my examination of the Charity's accounts carried out under 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
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 :
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1 accounting records were not kept in respect of the Trust as required by section 130 of the Act: or
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2 the accounts do not accord with those records: or
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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
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4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practise for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
C Docherty
C Docherty (Jan 14, 2025 11:49 GMT)
Claire Docherty For and on behalf of Smith Craven (Yorkshire) Ltd Sidings House Sidings Court Doncaster South Yorkshire DN4 5NU
Date: 14/01/2025
Page 5
SURFERS NOT STREET CHILDREN UK
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE 12 MONTH PERIOD ENDED 31 MARCH 2024
| Note INCOME Donations and legacies 2 Trading activities 2 Investment income 2 Total CHARITABLE EXPENDITURE 3 TOTAL EXPENDITURE NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS 10 Transfer of funds 10 Funds brought forward Funds carried forward |
2024 Unrestricted Restricted funds funds Total funds £ £ £ 268,823 94,160 362,983 256 - 256 60 - 60 269,139 94,160 363,299 279,177 2,238 281,415 279,177 2,238 281,415 (10,038) 91,922 81,884 39,803 - 39,803 - - - 29,765 91,922 121,687 |
2023 Total funds £ 278,242 806 87 |
|---|---|---|
| 279,135 | ||
| 273,311 | ||
| 273,311 | ||
| 5,824 33,979 - 39,803 |
All operations of the charity in the year are continuing.
The charity has no recognised gains or losses other than the net incoming resources for the above financial period.
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SURFERS NOT STREET CHILDREN UK
BALANCE SHEET
AT 31 MARCH 2024
| Note FIXED ASSETS Fixed Assets 7 CURRENT ASSETS Stocks Debtors 8 Cash at bank and in hand CURRENT LIABILITIES Amounts falling due within one year 9 NET CURRENT ASSETS NET ASSETS FUNDS OF THE CHARITY Unrestricted fund (general reserve) Restricted funds TOTAL FUNDS 10 |
Unrestricted funds £ 1,387 |
Restricted funds £ - - - 89,684 - 89,684 - - 89,684 89,684 - 91,922 91,922 |
Total 2024 £ 1,387 1,387 - 100,475 22,741 123,216 5,154 5,154 118,062 119,449 29,765 91,922 121,687 |
Total 2023 £ 324 |
|---|---|---|---|---|
| 1,387 | 324 | |||
| - 10,791 22,741 |
- 4,073 39,495 |
|||
| 33,532 | 43,568 | |||
| 5,154 | 4,089 | |||
| 5,154 | 4,089 | |||
| 28,378 | 39,479 | |||
| 29,765 | 39,803 | |||
| 29,765 | 39,803 - |
|||
| 29,765 | 39,803 |
Approved on: 14/01/2025
Andrew Brookes (Jan 14, 2025 10:04 GMT)
….........................................
A Brookes
Jeremy Radcliffe
Jeremy Radcliffe (Jan 10, 2025 11:56 GMT)
…......................................... J Radcliffe
On behalf of the Charity's Trustees
Page 7
SURFERS NOT STREET CHILDREN UK
REPORT OF THE TRUSTEES
FOR THE 12 MONTH PERIOD ENDED 31 MARCH 2024
1 ACCOUNTING POLICIES
The principal accounting policies adopted in the preparation of the financial statements are set out below and also have been consistently applied within the accounts.
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the 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) - (Charities SORP (FRS 102)) (effective 1 January 2019) and the Charities Act 2011.
1.2 Going Concern
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
1.3 Fund accounting
Unrestricted funds are available of use at the discretion of the trustees in furtherance of the general objectives of the charitable company 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 which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.
1.4 Incoming Resources
All incoming resources are included in the Statement of Financial Activities when the charity has entitlement to the funds, any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.
Grants receivable, funding the general activities of the charity, are included in the period in which they are receivable.
1.5 Incoming resources with related expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.
Donations are recognised when receivable. In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised, refer to the trustees report for more information about their contribution.
1.6 Stocks
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.
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SURFERS NOT STREET CHILDREN UK
REPORT OF THE TRUSTEES
FOR THE 12 MONTH PERIOD ENDED 31 MARCH 2024
1 ACCOUNTING POLICIES - CONTINUED
1.7 Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.
1.8 Gifts in kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity.
Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable.
1.9 Donated services and facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
1.10 Investment income
Investment income is recorded under the accruals method.
1.11 Liability recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. Irrecoverable VAT is charged to the SoFA as incurred.
1.12 Governance costs
Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters.
1.13 Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
1.14 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 after allowing for any trade discounts due.
1.15 Tangible fixed asset and depreciation
Tangible fixed asets are stated at cost less depreciation. Depreciation is provided at rates to write off the cost less any residual value of each asset over it's expected useful life as follows:
- Computer equipment - 25% Straight Line
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SURFERS NOT STREET CHILDREN UK
REPORT OF THE TRUSTEES
FOR THE 12 MONTH PERIOD ENDED 31 MARCH 2024
2 ANALYSIS OF INCOME
| Donations and legacies Donations and gifts Grants Gift Aid Donated goods, facilities and services Trading activities Sales of merchandise Investments Interest income |
Unrestr'd Restricted Total funds funds funds £ £ £ 262,386 2,238 264,624 - 91,922 91,922 6,437 - 6,437 - - - 268,823 94,160 362,983 256 256 256 - 256 60 60 60 - 60 2024 |
2023 Total funds £ 272,147 - 6,095 - |
|---|---|---|
| 278,242 | ||
| 806 | ||
| 806 | ||
| 87 | ||
| 87 |
3 ANALYSIS OF CHARITABLE RESOURCES EXPENDED
| CHARITABLE EXPENDITURE Salary costs IT costs Rent & room hire Subscriptions Telephone, fax & internet Printing, stationery & postage Direct operational travel costs Motor expenses Grant to Mozambique Grant to South Africa Bank charges Governance costs (see note 4) Sundry expenses Depreciation Purchase of merchandise Professional Total ANALYSIS OF GOVERNANCE COSTS Independent examination Total |
Unrestr'd Restricted Total funds funds funds £ £ £ 65,813 65,813 - - - - 2,479 2,479 1,545 1,545 13 13 43,097 2,238 45,335 966 966 28,000 28,000 120,520 120,520 1,255 1,255 1,512 1,512 6,431 6,431 324 324 2,098 2,098 5,124 5,124 279,177 2,238 281,415 Unrestr'd Restricted Total funds funds funds £ £ £ 1,512 1,512 1,512 - 1,512 2024 2024 |
2023 Total funds £ 65,405 970 1,078 1,394 1,718 73 39,134 - 27,810 122,128 1,381 1,440 4,165 325 469 5,821 |
|---|---|---|
| 273,311 | ||
| 2023 Total funds £ 1,440 |
||
| 1,440 |
4 ANALYSIS OF GOVERNANCE COSTS
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SURFERS NOT STREET CHILDREN UK
REPORT OF THE TRUSTEES
FOR THE 12 MONTH PERIOD ENDED 31 MARCH 2024
5 DETAILS OF CERTAIN ITEMS OF EXPENDITURE
5.1 Trustee expenses
No expenses were paid to trustees of the charity during the year.
| 5.2 Fees for examination or audit of the accounts Independent examiner's fees for reporting on the accounts 6 PAID EMPLOYEES 6.1 Staff costs Gross wages, key management personnel Employer's national insurance costs Pension costs Total staff costs No remuneration was paid to trustees of the charity during the year. 1 employee earned between £60,000 - £70,000 in the period. 6.2 Average number of full-time equivalent employees in the year The parts of the charity in which the employees work Charitable activities Total 6.3 Defined contribution pension scheme |
2024 £ 1,512 1,512 2024 £ 62,745 (1,335) 4,403 65,813 2024 No. 1 1 |
2023 £ 1,440 |
|---|---|---|
| 1,440 | ||
| 2023 £ 59,751 1,181 4,473 |
||
| 65,405 | ||
| 2023 No. 1 |
||
| 1 |
Details of the scheme
The organisation operates a contributory group personal pension scheme.
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| The costs of the scheme to the charity for the year | 4,403 | 4,473 |
| The amount of any contributions outstanding at the year end | 514 | 550 |
| The amount of any contributions prepaid at the year end | - | - |
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SURFERS NOT STREET CHILDREN UK
REPORT OF THE TRUSTEES
FOR THE 12 MONTH PERIOD ENDED 31 MARCH 2024
7 TANGIBLE FIXED ASSETS
| 7 TANGIBLE FIXED ASSETS |
|||
|---|---|---|---|
| Cost At 1 April 2023 Additions At 31 March 2024 Depreciation At 1 April 2023 Charge for year At 31 March 2024 Net Book Value At 31 March 2024 At 31 March 2023 8 DEBTORS Analysis of debtors Amounts receivable within one year Gift Aid Trade Debtors Other Debtors Total 9 CREDITORS Analysis of creditors Amounts falling due within one year Trade creditors Social security & other tax Other Creditors Total |
£ 1,299 1,387 2,686 975 324 1,299 1,387 324 Computer Equipment |
Total £ 1,299 1,387 2,686 975 324 1,299 1,387 324 2024 £ 1,477 98,998 - 100,475 2024 £ - 2,842 2,312 5,154 |
2023 £ 1,073 3,000 - |
| 4,073 | |||
| 2023 £ 1,009 - 3,080 |
|||
| 4,089 |
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SURFERS NOT STREET CHILDREN UK
REPORT OF THE TRUSTEES
FOR THE 12 MONTH PERIOD ENDED 31 MARCH 2024
10 MOVEMENT IN FUNDS
| 10.1 Analysis of net assets by fund Fixed assets Current assets Current liabilities Net assets at 31 March 2024 10.2 Movements in funds Opening Incoming balance resources £ £ Unrestricted funds General Fund 39,803 269,139 Restricted funds Core activities - 94,160 10.3 Comparative for movement in funds Opening Incoming balance resources £ £ Unrestricted funds General Fund 33,979 279,135 Restricted funds Core activities - - |
10.1 Analysis of net assets by fund Fixed assets Current assets Current liabilities Net assets at 31 March 2024 10.2 Movements in funds Opening Incoming balance resources £ £ Unrestricted funds General Fund 39,803 269,139 Restricted funds Core activities - 94,160 10.3 Comparative for movement in funds Opening Incoming balance resources £ £ Unrestricted funds General Fund 33,979 279,135 Restricted funds Core activities - - |
Unrestricted Restricted Funds Funds Total £ £ £ 1,387 - 1,387 33,532 89,684 123,216 (5,154) - (5,154) |
|---|---|---|
| 29,765 89,684 119,449 |
||
| (Resources Closing expended) Transfer Balance £ £ £ (279,177) - 29,765 |
||
| - 94,160 |
(2,238) - 91,922 |
|
| (Resources Closing expended) Transfer Balance £ £ £ (273,311) - 39,803 |
||
| - - |
- - - |
11 TAXATION
As a registered charity, the trust does not pay any income taxes on its charitable activities.
12 RELATED PARTY TRANSACTIONS
No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year other than those disclosed.
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