CIO number.. CE013613
Charity number.. 1177669
Sister System
(Charitable Incorporated Organisatlon, charlty number 11776691
Financial Statements
and
Trustees. Report
for the year ended 31 October 2024

Sister System
l¢harltsbl• Incorporated Oryanlsatlon, charity numb•r 11776691
Index to the Financial Statements
for the
ear end9d 31 October 2024
Page
Indèx to the Financial Statements
Charity Inforniation
Tru$tees' Report
4.12
statement of Tru8t•os' Responsibilitios
13
Independent Auditor'$ Rèport
14.15
statement of Finan¢k91 Actlvldes
16
statement of Financial Postlon
17
AccountÉng Policies
19-20
Nolps to the Accounts
21-27
Pag&2

Sister System
Icharltable Incorporatsd Organlsatlon. charity number 11776691
Charity Information
forthe
ear ended 31 October 2024
status:
Charitable Incorpor8t8d Organisation ICIOI govemerl by its conslitulion, charity
number 1177669.
Charity name:
Sister System
Principal 0ffi¢o Address:
Studlo 31
TheTrampery
639 High Road
London N17 8AA
Trustees who Iwld offlce
sin¢0 1 Novambor 2024:
R Saunders
A GeorgakopoLJIou
Jacqueline Nicol& James
C Clare
M Williams
K Dhami
Jesslca Ann Roper
amilla Kate Elwood
E Pduso
T Nneke
E Owen-Amadasun
Chair
Co-chalr
Ghair
Treasurer
Trustee
Trustee
Trust8è
Trustee
Treasurer
Trustee
Trustee
- Termination Term on 26 May 2025
- Ap￿int&d 5 May 2025
Resigned 31 July 2024
Termination on 6 March 2025
Appointed 8 November 2024
Appointed 8 Novembèr 2024
Appointed 10 January 2025
Appointed 10 January 2025
Appointed 9 February 2025
Indèp•ndent Auditor:
Klngston Burrowes Audit Ltd
ststutory Auditor
308 Ewell Road
Surbiton
KT6 7AL
Bank¥r8:
Natwest PLC
198 Stoke Newington High Street
London
N16 7GA
P4ge 3

Sister System
(Charitable Incorporated Organisation, charity number 11776691
Trustees, Report
forthe year ended 31 October 2024
The Board of Trustèes submit their annual report and audtted finanual statements for the year ￿ded 31 October 2024.
1. Trustees
The Trustees of the charity who held office during the year are disclosed on page 3.
2. Structure
ement
overnan¢e
na
The charity is consliluled as a Charitable Incorporated Organi5alion ICIOI, governed by a constitution dat￿1 20th March
2018. The CIO is managed by 8 Board of Trustees, who meet al least quarterly to review strategy, perfomian¢e, and rlsk.
The maximum number of Trusle&s is 12. Trustees are appointed in accordance with the constitution, following open
recruttment processes based on sknlls, dlversity priorities and due diligencè pmcess. Trustees also adhere lo Slsler System's
Board & GoVernar￿e Chartw.
New Iruslees undwgo structured induction, including gov￿nanCe respDnsibililies, financial oversight. and safeguarding. Day-
to-day operations are delegated to the Founder and Chief Executive and the Director of Opei8tions. A fomal Scheme Df
Delegation is in place. Sister Systern's Founder is not￿ by the Charities commission as the Charity etsntact and an
employee (GEOI of the Charity.
3.ob
8Ctlvos and Activities
Our Mission
Sister System's missSon is to bridge the gap between Care-￿rected girls aged 1>24 and mainstream swety, by working
alongside them to ensure they have the same opportunitios everyone else has- at hLTrme, school, work and within our
communities.
Our Vl$lon
A society where girls and young women impacted by the care system can thrive, lead, and shape their futures.
Sister SysleTn's definition of 'care affected, refers lo children and young people from 13 to 24 ye8rs old. who slatulory
services, including s0¢ial care, thè Criminal JuslicE Syslern. NHS. health care providers, education, and housing providers-
have a responsibility lo provldé car& for due to familial or relation81 neglect, harm, or abuse.
Founding and Growth
Founded in 2017 by a group Df women drTven by the urgent ne8ds of Care-aff￿ed girls, SisleT System has grown frc*rn a
grassroots initiative into a key support system for young womèn in London. We c£kcrealed our chaiily through a by and for
Q)-CUTaled gender and race equity Icfis with a focus on writing the Schemes of Work, Theory of Change, and identifying the
principles, values and practices of engagement th81 und8rpin the delivery of our COTe progTammes through a series of think
tanks with care leavers, ensuring that our work was dI￿tlY shaped by the voices of those we serve. In 2018, we became an
Open College Network IOCN) approved centre IApproval Nurnber'.60924 offering nationally recognised qualifications and
officially regislered as a charity. sin￿ our four￿1￿￿, wè have expanded from sUPPOrting 12 girls in our first year to over 600
by 2024. Thi5 growth refiects our commitment lo providing high-impact services underpinned by the solution focused
approach. unconditional positive Tegard, reflectivè practice, Testorative justice ptactictss and social pedagogy ernpowering us
towards devdoping meaningful, long-lerm relabonships with our participants. Our programs and work are delivered through
an assel-based approach ￿nIring race and gender empowerment.
The CIO'S charilable purposes, as slated in its constitution, are.. 'To prowd8 advice and assistance and organising
programmes of educational and other activities as mean of.. al advising in life and helping your people by devdoping their
skills, capacitie5 to enable them to participate in society as indèpendent, mature and responsible individuals., bl advancing
&JLKalion', c) rdiewng unemploymenl..
Why our work matters
Glrls an(J young women in and on the edgès of cara fa￿ significant barriers..
Higher rates of school exclusion and academic underachievement
DisprDPOrtionale ctsnlad with safeguarding and mental health seM¢es
Ra￿5¥￿ and yender-based discrimination
Lack of consistent adult relationships
Limit8d pathways into education 01 employment
Black girls and youFTg women and those from Global Majority ba(*grounds are disproportionally aff￿￿, oftw n8vigating
racialised trauma and being overrepresented in care, criminal, and safeguarding systems.
Sister System exists lo meet these challenges head-on". building trust where tru51 has been broken. and Greating safe,
empowering spaces wheré young wornen can grow working lowxrds race and gender equity.
Page 4

Sister System
ICharitabl¥ Incorporated Organisation, Charity number 11776691
Trustees. Report
for the year ended 31 Octobèr 2024
Accreditation and Rocognition
OCN Approved Centre for offering qualifications
Recognised by the Charities Excellence Framework
A Disability Cc>nfident Employer
Best Emergtng Voi¢e Charity of the Year- London Impact Awards-2022
Haringey Giving Comrnunity Safety Award 2021,2022 & 2023 & 2024
Winner Children and Youth category I Charity Awafds 2023
Winner Legacy Gala Awards,. Femalé empowerment SPWAlsil-2024
Our Theory of Change
In partnership with Impetus, we participated in a series of Driving Impact Workshops lo refine our Thwry of Change,
programme delivery and wrlte our Ihree-year strategy to clarify our strategic direction auoss 2024-2027. Our programmes
are underpinned by proven thepp￿1C approaches, such as Unconditional Posilive RegaFd and solulioTr focused approach,
alongside soci81 peclagogy.
Sister System's theory of change articulates how these programmes. along with key oulpuls that underpin them, achieve
crucial outcome5 for care-affecled young women..
IF Care-affeC￿y young WQFnen a￿ offered Gonsislent, relation81, holisti¢, id￿tItY-affirMlng, trauma-infortngd services
THAT works in partnership with har, acthowl&Jging her as the expert
THEN they are more likely lo Irusl, partI￿pate, and invest in Iheir own developrnent, going on tha journey towards
fulfilling her potential
SO THAT they can build resilience, gain skills, and transition into education, employrnenl, training or leadèrship
AND live a life free frorn abuse and become socio-economically mobile and independent
IN ORDER TO: Influen￿ and shape systems that h8va historically marginalised them
Tho journey through Sister System's refinpd pmgramme & our Theory of Change
12 raiXtrS
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Page 5

Sister System
ICharitsbl8 Incorporatsd Organisation, charlty nurn￿r 11776691
Trustees, Report
for the year ended 31 October 2024
The Three.Stage Progrdmme
Sister System's model offers long-temi. relalionshipb8sed support through a clear Ihre&slage structure
Stage l- Enablè
Focus Safely. trust and C1￿$1¥toneY
Peer lo p￿[ menloiing and partiupation in our Energlse. Exerase, Empower actiwlies
Initial saféguarding response
Early needs and goal sélting
Resilien￿ Building WORKSHOPS and access lo Adwce, Infomietion & Guidance Workshtsps
staga 2: Enhance
Focus.. Identity. leamiftg, andreslllonce
Continuéd 1..1 mentoring
1..1 Therapeutic mentoring
Resilience building workshops
Advi￿, InformalioTrn & Guirjance workshops
Levèl 2 accredited qualification (Open College Network-OCNI tn Developin9 Leaderships Skills
stage 3: Empmr
Focus.. Leadershim ogencyi and transition
Continued mentoring
Work coach readiness
Advice, inforrnation and guidance workshops focused on p8thw8ys towards an EET outcome
Goal setting and progression pathway5
Levd 2 Accredit￿1 qualifi¢alÉons IOCN) in Employability and B¢¢oming a Peer Mentor
Youth advisory and leadership roles
Supplementary Aetivitles:
Sister System also Offe￿ lo overyyoung woman r&￿te￿d WRIJ us a rarwe of otheracliviti&s to enhance her wel￿1&￿ng,
sense of belong.ng and m&&t her needs. these inGlud& but kra not bmited loo.
1. Empowerment fund
2. Respite trips
3. Excuision$ and oulings
4. Health & hygiene packages
5. Food vouchers
6. Yoga. non-contact bo￿ng and dance
7. Cultural and gender speaflc based activities.
4. Achlevements and P•rfomianc
Impact & Delivery
This year maTked the first full year of implemwrtalion of our revised thr*stage ddivery model.11 wa$ also the year where
we implement￿1 a new and improved data capture system. By Sept 2024 Sister System had..
130 young women registered, and 20 waiting to be on-boarded.
113 young women took part in our mentoring offer.
89 young women participated in 2024 graduation ceremony for complolion or progression.
19 Accredited qualifi(31ions achieved in 2024_
41 registered to complete accredited qualifications in 2024.
705 on&to-onè mentoring sessions delivered.
115 workshops dtrliv&red (Resilien￿, EEE, OCNI.
Worked alongside 120 girfs through the range of our oulpuls and activrfcies.
Our capacity building programme, supporting over 20 organisations through gTOUP and 1..1 training on programme
design & dovelopment to deliver high quality m8nloring for young people.
Delivered 150 Iherapeulic 1".Is with 17 young women in partnership with our clinical therapeutic providèr'Op8n-Door'.
Planning for the launch of our Youth Advisory Board that was 8¢tiv8t6d in earty in 2025
PaJe6

Sister System
Icharitsble Incorporated Organisation, charity number 11776691
Trustees. Report
for the year ended 31 Octobèr 2024
87'k of participants from Black
and other Global Maioiity
b￿kgrOundS
92Yo Sustained education,
etTrployTh￿nl orlraining
129 safeguafding Con￿￿$
re¥onded to
150 care-affeGted girls
supported through our
speoialisl intervention
180A of participants who were NEET moved into employment.
100Y¢ of parti¢ipants reported raised emotional resilience.
Empowerment Fund: Supwrted 130 yo￿ng women with essential needs like housing, food, and basic ulililies.
As an altemalive educational provision Sister System has registered our learners across three level 2 qualifications and
4 programmfys.
Food Voucher Scheme.. Distributed 254 food voucher5 10 8llÈvi8te financial deprivalion.
Graduation.. Sister System annual graduation is an opportunity for all our girls and young WOM￿ to be celebrated for
their progress and achievements, this year we celebrated all girls and young women's achIeV￿èntS with 89 awards and
19 accredited qualifications, thus gradualing with al least one level two qualtfication from our stEile of nationally
recognised and accredited programme5 such as developing leadership skills
Challenges an(f Le580￿ Lgarnèd
The ongoing cosl-of-living and mental health crisis are also deepening the complèxity of need among the girls we
support. Our tearn is facing growing pressure to operate in a wider s8f8guarding capacity, responding lo a rising numb8r
of high-ri5k referrals involving suicidal ideation and acute mentsl health concerns.
We have also made significant improvements to our CRM system. Our intt181 setup focused on mentoring sessions, but
did not capture the full scope of our work. induding accredited leaTning, safeguarding interventions, and wider support.
In 2024, we've gone through a second phase of CRM developrnenl. resulting in a more integrated system that beller
leflects our impact and improves our ability to monitor outcomes and learn as an organisation. Further develtspmenl Ss
planned in 2025.
Transltlon to Employment..
The percentage of participants moving into paid ernployment was 18./0 this was offset by an increased focus on working lo
enable participants to progress well into Further and Higher Education. With mofe participants still in school, al high risk of
disengagement and or jow allainment lèvels most of our particApanls were 8ble lo sustain education and moved intts further
or Higher Educat￿0￿
Non-Engag•m•nt:
240A of parti¢ipants disengaged, often due lo moving outside of the service areas or achieving sdf-sufflciency. Despite this,
21% ￿M81Thed wgaged in our programmes, demonstrat￿n9 th8 strength of our mentoring rejationshlps.
Du¢ lo the changes in our CRM d818 (spture system, we were unable lo identify the outcomes for 17 ofthe young wornen
registered with us.
So¢lal and Emotlonal Learning ISELI Tools:
This year, we refined our SEL tools, allowing us lo dosdy monitor each participant's emotional iourney and adjust our
support to meet their needs more effectively. Induding a parti&l transition frorn WEMWBS IWarwith-Edinburgh Mental
Wellbeing Sealel. to Rosenberg Self Esteem Scale, Conor Davidson Resilience Scale and a Healthy Relationships
Questionnaire.
Partnershi
s and Collaboration¥
Key Partnerships:
This year, we expanded our Peer 2 Pèer Powerup Mentoring Programme in partnership vAth Hope in Haringey, delivering the
programme across 8 schools and colleges in London.
Throvgh our p8rtrTr6rship with Open Door, we provided ca.150 therapeutic appointments fof 17 girls. offering Cognitiva
Behawoural Therapy ICBT) and psychotherapy to sUPPOrt mental health and emotional well-being. The average attendance
rate is over 860h, reaching 100% engagement for longer term therapies. This partnership also provided group dinical
supervision sessions across the delivery and operations team enabling them to explore and sustain resilience.
Launching our sarvices at the Highbury Roundhouse in September of 2023 Sister System has b8gun to foster meaningful
partnerships with key slakeholdeis auLlSS the borough increasing our reach and deepening our impact.
Page7

Sister System
(Charitable Incorporated OryanisatÉon. charity numbèr 11776691
Trustees. Report
for the year endgd 31 October 2024
Sister System continues to work closely with 19 ￿h0O1$ across Haringey, Islington, Enfield and Wallham Forest. In this y8ar
we had a particular focus on delivering our Peer 2 Peer Power Up mentoring which, is structured across the school temis.
The schoo18 we delive￿ 8t indude=
Academy Iwoodsidel. programme delivery P2P.
Dukes Aldridge, programme delivery P2P.
Wallharn Forest College, programme delivery P2P.
London Excellen￿ Academy (Tottenhaml. piogramme delivery P2P.
Alternativè Centre of Educalion IACEI
TCES Community School
Hornsey School for GiTIs
Harris Academy (Tottenham)
Oasis Academy
Haringey 6th Fomi Collage
Sister System continued to partneT with 8 range of expert facilitators and practitioners ensuring our programm&s outputs are
ddivered by experts in the Fields and bulld1n strength lo OLtr team of in-house Theiapeutic & Pèer Mentors. facAlitators
assessors and trainers. In the period new referral partnorships included..
Enfield- Childrén and Adult Social Care.
Islinglon- I-CAN Ilslington Collaboration Action Netwotkl
lslington YAS C(oung Adult Setvicesl
Islington Children and Adult Soaal Care.
Young Islington Network Panel,
Sister Systern worked closely with three local authorities. Haring8y, Enfiéld, and Islington.
Prolessional Meetings.. Sister System sf(s on the current Haringey pands, MARAC, Child AdOle￿nIS Resource Panel. Child
Exploitation Panels. Fomiing part of the team arourKI the childlyoung adult, working alongside professionals and
professlonal bodies. Number of professional meetings attènded in the period were 74.
. Safe
uardin
For the period 23-24, Sister System experienced a notable rise In the numbars of young people who through statutory and
self-referral pathways We￿ able lo access our services. This rise was in rdation tts the numbers of referrals wtth
safeguarding c4)nwns that oxisl within the served boroughs highlights thè importance of the work we do lo support
young people.
During this period, and as part of our inlem81 rèvithv process, Sister Syslern's safeguarding team comprised of operational
and board members collaborated c105ely with an èxternal safeguarding consultant. A5 a result, w8 further Ljwlated our
safeguarding policies, refined our safeguarding proeeduras, and engaged in comprehensive teatll training sessions.
Key Safeguarding PAea$ures and Revlew Process
1. Safeguarding Policies
We have established clear safeguarding policies aligned with industry best practices and regulatory requirements. Thésè
policies outline our commitment to preventing harni, ensuiing iespethFul conduct, and addressing all safeguarding cOn￿M$
promptly and effe¢tivÈly. Sister System's safeguarding policy remains Subl￿t to an annual review process and was last
rewewed on 9th September 2024.
2. Tiaining and Awareness
Our staff and volunteers r￿1Ve regular safeguarding training, empoweting them lo identify. pravsnt, and respond to
potential risks. This indudes recognising and responding to signs of abuse, uliliSiAg reporting protocols, and fostering a
Culture of accountability, proportion8lity, and transparenry.
3. Risk Assessment and Management
saf￿Uardlng risk assessments are conducted as part of our programme design and implementation process. These
assessments help us identify and categorise potential risks which in turn allows us to tsilor preventive measures and ensure
a safer environment for partiapanls and stsff alike.
Page 8

Sister System
(Charitable Incorpordted Oryanisation. charity number 11776691
Trustees. Report
for the year Bnded 31 October 2024
4. Incident Reporting and Response Protocols
We have a comprehensive reporting systèm that ensures safeguarding concerns or inadents are documented, reviewed,
and addressed swiftly and confidentially. Our safeguarding protocols include guidelines for escalation and collaboration with
partnering organisations and relevant authorities when necessary. We maintain thr￿ permanent staff members and two
Trustees with safeguarding r￿nItS to whom concerns ale reported.
5. Independent Review and Oversight
Our safeguarding practices undergo regulaT intern81 réviaws and independent audits lo assess effectiveness and ensur8
compliancè with regulalory and ethical standards. The findings are used lo update our $8feguaiding approach and address
any gaps, prr)motin9 continuous improvem9nt.
6. Feedback Mechanisrn
We maintain open channels for feedback frorn participants, staff, and extemal partners regarding our safeguarding
practices. Feedback is reviewed to adapt and rèfine our protocols and ways of working. further strengthening Sister System's
safeguarding fram¢work. Sister System managed 129 safeguarding concem8 this year..
65 wwe low to medium risk. needing internal support or nr) further action.
64 were high-risk cases, which required intervention from external s8nAces like CAMHS social car6.
7. Fin
ial Review
The financial performance and position of the Charilabla Company foT the reporting period arè presented in the
accompanying financial statements.
For the year ended 31 October 2024, Sisler System reported total income of £1,399.885, representing a mod88t d8e]inè
from £1,487,824 in the pieviou5 year.
Total expenditure increased, primarily driven by expanded programrne delivery and staffing costs. Headcounl rose to t9
6Ynpltsyees. up from 17 in the prior year.
Nel income for the period was £371.997, refiecting the inleTplay of income and expenditure dynami(x12023'. £648,803). The
Statement of Finanual Activilitrs rèports net current assets and y8ar-end total charity funds at £1.908,588 -an In￿eaSe by
240k compared to the prioT year
Unrestricted funds rc)se substantially to £839,44612023.. £395,745), enhanang operational flexibilty. This improvement
aligns with the charity's resèrvès ptslicy, as OLrtlined bel¢)w. and un(krscores the organisation's sound financial health,
prudent resource management. and growth in multi-year funding_
Cash balances at year-end stood at £933,09212023.. £562,707). further reinforang liquidity and financial resl4ien￿.
T8ngibl• fixed assets for use by the chaiyty
Fixed 8ssets are set out in Note 7 to the accounts.
Principal Fundlng Source¥
Main funding sources are donations and grants with the top hmo contributors aa￿UntIng foi 49.7 Oh of total. Details of the
donations and legacies are reported at Notes 23 ar￿ 24 to th8 accounts.
Tre charity adheres to the Code of Fundraising Practice. No professional fundraiser8 were used. Oversight is provided by
the Board.
8. Reserv
Polie
The Trustees of Sister Systern r￿ogniSe their responsibilityto have a transparent policy on managing the resources of the
organisation, induding financial reserves. They aCknoWl￿19e this is a requirement under the Statement of Recommended
Practice.. Awounting and Reporting by Charities.
The Trustees of Sislw System believed Ihal it is generally in the interests of the charity to work towards a position of holding
reserves that would ctsver al least 6 months operating costs. At end of the FY23124, the unresliided reserves were
£880,477. The significant increase in reserves frorll FY22123 to Ff 23124 refiects our fundraising effort8 to support future
groth and the expected increase in costs of mulli-year Pr(¥￿tS.

Sister System
(Charitable Incorporaled Oryanisation. charity number 11776691
Trustees, Report
for the year ended 31 October 2024
Fundraising efforts over thè past two years have enabled the organis8lion lo build up reserves in support of our afflbilious
growth plans, aligned with our current strategic objectives. As a result, the unrestricted reserves temporarily excÉeded six
months of running costs in 2023124. This position was intentional and reflects prudent antiapation of rising operating costs
and an increased tax liability in the coming years. Any excess of re5etves will bo slrolegically deployed to scale our impact
in 2024125 and beyond.
This ensures adequate cgsh flow fl&￿bIlitY to rneet emergency measuw, delayed payment of grants and lo ensure th*
programme delivery lo our benéficiarsès is not interrupted. The board is keeping the reserves policy under constant as
the organisation grows.
The Reserve Policy is subject to regular review. The lalesl review was perfomed in March 2025, and the Res￿ Policy was
voted and approved by the Bo8rd ol Trustees in April 2025.
9. Trustees. Notes
The Trustees of Sister System are pleased with the perf0rrnan￿ of the charty over the past year and its growing soaal
impact. Despite external challengès. such as the cost-of-liwng cri818, the chaiity has ¢ontinued to grow arid has positively
impacted the lives of 130 girls and young women.
Thè board of Trustees are commilled to ensuring that Sister System's governance, financial m8n8gement, and operational
aotivities align with the chaiity's tnission of empowering care affected girts We havè Invested in strengthening our
partnerships, developing our prograrrFme8, and securing funding to ensure sustainability in tho years Ir) come.
The Trustees ackn¢>wledge the importance of robust financial and operational conlfols which are foundational to Sister
System's continued SU￿$$ and building trust with our stakeholders. In the past year, we Identifi￿ ar88s where internal
processe5 required enhancement lo further safÉguard the integrity of our operations.
In February of 2024 Sisley System experiw)c£d a serious incident, which was subsequently reported to the Charity
Commission on the 28th of February 2024. In wponsè lo this incident, Ihe board approv￿1 the implementslion of
strengthened oversight measures devised by the senior management teams supported by external professionals.
This induded comprehensive adjuStm￿ts lo our financial monitoring practices and stricter checks on transactional
worknows. Wè havè also established additional rewew protocols ensuring that all activities align seamlèssly with best
practices for finan¢ial accountability and Iran5paTency. The ¢hanges that were made have reinforced Sister System's
Tesilience, Saf￿Uarding resources that empower the young women and girls we support, while positioning Ibe Charity for
sustained growth and impact.
As 8 resutt of thè serious incadent and the work that was undertaken with the newly appointed accounlanls and auditors also
enabled a slrategized board reshuffle lo en5uie that the Board of Trustees is able to effectively govern in line with th&
Charities growth and duties of care across people. purpose and assets. Subsequent to the filing of the 2023 Annual Report,
the corllpo8ltion of the Board was rewsed and ellh8nc￿ to incorporate a more balan￿d mix of expertisè. This rafréshed
governgncè structur8 is designed to ensure appropriate oversight of the implementation and future èvolthion of Ihe
org8nis8litsn's stratagic plans.
10. Risk Mana
mèn
l) Risks aré identified in a risk idenlilicalion workshop involving the Trustees and the ch81ily's Dirèctor
2} Identified risks are assèssed and quantified based on their irnpact. severity, and likelihood of their occurrence
3) Risks are addressed by putting in place proportionale mitigation plans
4} Risks that cannot be avoided e.g. where Tfustees recognis& that an actswty carries an 'acceplable' level of risk ale
a￿pIed and monllor¢rl in a dynamic way
5} The boafd is updated regularly ol any changes in Tisk with regards to the likelihood of previously identified issues 8ftsing.
Risk
Catagory
Description
Severity
IHIMIL)
Likelihood
IHIMIL}
Mib"gation
Strategic &
Financial
Significant reduction in
fundraising
Regular monitoring of fundraising &
finances reserves held aim lo covei al
balween M months of operational costs
Strategic
Change in government
poliw affecting grants
Regular monitoring of ￿Vernment ptslicy
and any changes
Paye 10

Sister System
(Charitable In¢orporatsd Oryanlsatlon, charity numbèr 11776691
Trustees. Report
for the year ended 31 Octobgr 2024
Operational &
Financial
Technology systéms
not adequate
Regular review of current providers
Analysis of key pèrsons is required to
ensure th6se individuals are Id￿tIf*ed and
bsck LJP plans are prepared
Operational
Key person rlsk
Safeguarding of care
8ffe¢ted girfs
Analysis of key persons 15 required to
ensLtre these indiwduals are identified and
back up plans are prepared
Operational
Slrategic
Sustainability & impact
ol growth
The board holds Tegular discussions on SS
strategy
The operations tearn is vigilant on any
indications of fraud and is in close eont3Ct
with the TrUSt￿S to resolve any potential
issues that might arise
Financial &
Slralegic
Fraud
The Trustees have assessed the chaiity's finat)oal position and confirm that Sister System 1$ 3 going concern. With a solid
financial resetve, robust income streams from grants, and a growing network of partnerships, the ¢harily is wEII-posilion8d
to continue ils work in the coming years 01 81108St 12 months following the approval date of this report.
The Board of Trustees h8ve prioritised the enhancement of financial monitoring, with slrenglhened internal Controls that
allow for meticulous ovèrsight of income and expenditures. The anticipated financial obligation arising from th¢ reported
incident are expected lo be from existing available reserves. In the accounts, this debt is account￿ for as a creditor due
within a year, (Note 101. Howèver. it is envisag&J that the assooialed payments of this debt may be phased over a five-year
period. subject to agreement with HMRC, as no formal written arrangement has yet been concluded.
The introduction of the Salesforce CRM system in 2023 ha8 further enh8ncÉd thé ability to monitor outcomes, Ira(
gagement, and streamline operallons, ensuring that Sister System remains resilient in the face of extemal challenges.
12. Plans for Futu
riod
In line with the 2024-2026 strategic plan, Sister System is preparing to scale its impact across our Capllal into a small
national charity.
The three-year stiategy fwuses on replicaling our su¢¢èssfiJl programmes pan LLTrndon while continuing lo refine our impact
measurement l(x)Is. By fostering effective communication, peer storytelling, and building slfong partneiships, the
organisation will ensure ils culturally rdevanl progrydmmes continue to reflect the communities il serves. We continue to aim
to increase our reach working alongside at least 180 girls in 2025 either through direct support or indtrecl impact through our
partnerships.
In 2025, we aim lo..
Etllbed our newly refined learn, PTogram, processes and polic¢es to better serve our Sis-stsrs and thè eco-system we
work within
Strengthen and increase the reach of our capacity building programs and consultancy offer to organisations and
profe8sional practitioners working with young peoplè through mentoring practices
Expand our ddivw offer across London
Deepen our impact by consistently taking our Sis-stars on a sequential long-term programme
Launch Sister System's Youth Voice Advisory Board- strengthening governance
Collaborate with more organisalions and partners across London
Continue to work with our Blg Slslers on the development of furthw and 8mployment pathways.
Internally. Sister System will focus on strengthening ils team, 8tre8mlining process&s, and enhanang ils measurement of
impact. New slaff will recèive thorough onboarding and support, while Big Sisters and the mobili581ion of our Youth Adwsory
Board will play pivotsl roles in long-term advocacy and corntllUni¢81ion.
PaJe11

Sister System
(Charitable In¢orporated Organl8ation, ch8rity numbèr 11776691
Trustees, Report
for the year ended 31 October 2024
As one of the organisalions working to deliver Ihe GLA'S NDFYP as both a delivery and capacity building partner Sister
System aims to continue Ir> build on this by sharing our own mentoring practices acroTr55 the sector to continue to drive up
the quality and consistency of mentoring across the capital. demonstrate its impact IhTLTrugh M&E. which in tum will drive our
thr6e year aim, lo be able to inffluen￿ policy & practices for girls and young women affected by the caro system.
Finally, we seek lo build upon and share the outcomes of the work we do to influence ￿rpOrate practices around
r￿ruIt￿enI, support and internal culture and pra¢tl¢es to fLJrther empower car&affected girts and young women towaTd5
sustained Soci￿eConOMiC mobility. We remain dedlcated to empowering car&affected girls and yOLJng women, ensuring
they have the same opportunities as everyone else.
ay 2027 w• WIM prn¥ld•...
*lwl* ht•lll*¥ I¥¥mts￿l¢
P•i>i%pn•lr Drnplr. *%•*rf IuTth¢r
20254
2026-7
202*5
Our If•y PrirteW••
Wr ¥Wur ¢ptsp i*
WE *it [*•
Inde
ndent Auditor
Thè Independent AL¢diloi, Kingston Burrowes Audit Ltd was appointed by rasDlution of the Board of Trustees on March.
2025. Mr Fisher has indicated their willingness to be proptssed for re-appointment.
The financlal statements were approved by the Board of Tru$tses on 13 August 2025 and signèd on its bghatf by:
cqu
ne Ni¢ole Ja
Chair of Trustees
Page 12

Sister System
(Charitable Incorporated Oryanisation, eharfty number 11776691
Statement of Trustees, Responsibilities
for the
ear onded 31 October 2024
The trustees ara r8sponsible for preparing the Trustees Annual Report and the financial staternenls in acc¥)rdance with
applicable law and United Kingdom Accounting Standards (United Kingdom Genèrally Accepted Accounting Praclicel.
The Iruslees are required by law lo preparè financial stalemenls for eath finanGial perirxj which give a true and fair vièw of
the slate of affairs of the chaiily and of the incoming resources and application of of resources of the ¢harity for that period.
In preparing those financial statements the Iru5tees are required to..
al ￿ect Suitab￿ accounting policies and apply them consistently.,
bl Obsèrve th8 methods and principles in the Charities SORP.,
c) Make judgements and estimates Ihat are reasonable and prud8nt',
dl State whether applicable accounting standards have been followod, subject to any material departures disclosed and
èxplained in the financial slalemenls." and
el Prepare the financial statements on the going concern basis unlts88 il ts inappropriate to presume that the ¢harSly wll
onlinue in operation.
Thè trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any timè the
financial position of the charity and enable them to ensure that the fin8naal statements comply wth Charities Aet 2C)11. the
Charity (Accpounts and Rewrtsl Regulations 2008 and the provisi(>n$ of the charttys constitution. They are also
responsible for safeguarding the assets ol the charity and hence for taking rèasonable steps for the prevention and
detaction of fraud and other irregulaftties.
PaJe 13

Sister System
(Charitable IncorpOr¥t￿ Organlsation. charity number 11776691
Independent Auditorfs Report
to the Trustees of Sister System
We have audited the financial statements
ol Sister Sysletn Ilhe 'charity'l for the year ended 31 October 2024
which comprise the slalement of financial activities, the balance sheet, the statement of cash Ilows and notes to the
rTrnanoal statements, including significant accounting policaes. The financial teporting Iramework that has been appli￿1 in
their preparation is applicable18w and United Kingdom Accounting Standards, Including Financial Reporting Standard 102
The Financial Reporting Standard applicable in the UK and Republic of Irelanrt (United Kingdom Generally Accepleil
Accounting Practice).
In our opinion, the finanrial statements-.
give a true and faiT Vtew of the slate of the charity's affalrs as al 31 October 2024 and of its in¢oryting rest>urcès and
application of resources, for the year then ended.,
have been properly prepared in accordan(* with United Kingdom Generally Accept￿1 Accounting Practice., and
have been prepared in a￿ordanCe with the Charitie5 Act 2011,
Basis for opinion
We ¢ondu¢ted our audit in accordance with International Standards on Auditing IUKI IISAS (UK)) and appliCa￿e law. Our
responsibJ"lilies under those standards are further des¢ftbed in the Auditorf5 responsibilitiès for audit of the financial
8ts1ements section of Dur report. We are independent of the charity in accordance with thè ethical réquirements that are
relevaFrt lo our audit of the financial statements in Ihp UK. induding the FRC'S Ethical Standard, and we have fulfilled our
olheT elhiral responsibilities in accordan￿ w((h these [￿u1reMents. We believe that the audit èviden¢e we have obtained 15
sufficiènt and appropriate lo provide a basis for our opinion.
Conclusions relatlng to going con¢ern
In auditing the financial stslements, we have CM)ncluded that the Trustees use of the going concem basis of a¢eounting in
the preparation of the financi81 statements is apprL)priate.
Based on the work we have perfomied, we have not identified any material uncertainties relating to events or ¢onditions
that, individually or colleGtively, may cast significant (toubl on the charity's ability to continue as a going concern for a p￿10d
of at least ￿e1ve months from when the f¢nancAal Stat￿entS are authorised for issue.
Our responsibilities and the responsibi5ities of the trustees with respect to goln9 Concern are described in the relevant
sections of this report.
Other Inforniation
The other infomiation comprises the infomiation included in the annu81 report other than the financaal slalemenls and our
audilofs ieport thereon. The trust￿ are responsible for the other infortllation contained within the annual report. Our
opinion on the fi'nancial statemènts does not cover the other information and w& do not express any form of assurance
conclusion Ihereon. Our responsibility is to read the other information and. in doing so, consider whether the other
information is rnaterially inconsistent with the financial statements oi our thowledoe Obtained in the COUTse of the audit, or
otherwise appears to be materially misstaled. If we identify such materi81 Fn¢onsistencies or apparent material
misstatements, we are required to determine whether this gives rise to a matèrial misstatament in the financial statements
themselves. If, based on the work wa have performed, we conclud& that thère is a material misstatement of this olhei
infomiation, we are required lo report Ihal fad.
We have nothing to report in this ward.
Matters on which we are raquired to report by exception
We have nothing to report in ￿SpeCt of the following matlers in relation to which the Charities (Accounts and Reports)
Regulations 2008 requires us to Teport lo you if, in our opinion..
the information given in the finantial statements is inconsistent in any materlal respect with the Trustees report,. or
suificient accounting Tecords have not been kept,. or
Ihe financial statements are not ill 8greErnent with Ihe accounting rewTds.' or
wa have not r￿e1V￿1 all the informalion and explanations we require for our audit.
Responslblllilos of tr.ustees
As explained moTe fully in the st818m6nt of Trustees responsibilities on page 13, the trust￿$ are responsible for thè
preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal
control as the Iruslees determine is necessary to enable the preparation of finanaal statements that are free from material
misstalemenl. whether duè to fraud or error. In preparing the financial statements, the trustee5 are responsible for
assessing the charity'$ ability to continue as a going concern, disclosing, as applicable, matters related to going concem
and using the going concern basis of accounting unles5 the Iruslees either intend lo cease operations, or h8vè no realistic
alternative but lo do so.
Page 14

Sister System
(Charltable Incorporated Oryani$8tion, charlty numbar 11776691
Independent Auditorfs Report
to the Trustees of Sister System
Audltorfs responsibilities for the audit of th• financlal statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordan￿ wilh the Act and
relevant regulations made or hawng effect thereunder.
Our objectives are to obtain reasonable 8ssur8nc8 about whether the financial slaletnenls as a whole are free from material
misstatement, whether due lo fraud or èrror, and to issue an auditorfs report that in¢ludes our opinion. Reasonable
assuran￿ is a high level of assur8ncÈ blrt is not a guarantee that an audit lxnduded in accordance wilh ISAS IUKI will
always detect a material rnisslatetnenl when it e￿stS. Misstatements can arise froFll fiaud or error and are considered
material if, individually OT in the aggregate. th￿ could reasonably be expect￿1 to Influen￿ the economic decisions of users
taken on the basis of these financial gtatamants.
ITregularitie5, including fraud, are instances of nOn-￿mpliance with laws and regulations. We design procedures in Ilne ￿th
our responsibilities, outlined abovè, to detect material misstatements in fespecl of irregularities, induding fraud. The extent
lo which our procedures are capablè of detecting irregularities, induding fraud is detailed below..
Enquiry of management, those charged with governance about actual and Pot￿lIa1 litigation or claÉms 8nd Ed￿tIfIcation
of non-complianee with laws and regulations.
Reviewing minutes of meetings of those charged with governance.
Rewewing finanaal st*èmÉnt disdosures and testing to supporting do¢umentstion to assess compliance Mlh
applicable laws and règLJlations.
Aijditing the risk of management override of controls. including through testing joumal entries and other adjuslfnents for
appropriateness.
Performing analytical prO￿d￿reS to identify any unusual or unexp8et8d relationships that may indicate risks of material
misstatement due lo fraud.
Professional sceptiasm in course of the audit and with audit sampling in material audit areas.
Because of the inherent limitations of an audit, there is a risk that we will not delèct all irregularities, induding those leading
to a material misstatement in the fin8ndal stslements or non-complian￿ with iegulalion. This risk increases the mole that
¢ompliance with a law or regulation is removed from the events and transactions itrfle¢tèd in the finanaal statements, as we
11 be less likely to bectsrne aware of instances Df non-compliance. The risk 1$ also grèater regarding irregularities wcuiring
due to fraud rather than error, as fraud involves intentional con￿alMent, foigery. collusion, omission or misrepresentation.
A further descripb'on of our responsibilities is available on Ihfr Financial Reporting CounrAI's website al..
hllps'.1l¥￿.lr￿.Org.ukj9uditorSrGspDnSlblltIle$. This description forms part of our audilorfs report.
Usè of our report
This report is made solely lo the tharity's trustees, as a body, in 8¢cordancé with Part 4 of Ihe Charities (Accounts and
Reports) Regulations 2008. Our audit work has been undertaken so th81 we might slate to the charity's Iruslees those
matlers we are required to slate lo them in an auditor's report and for no other purpose. To the fullest exlent peTmitted by
law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as 8 b(>dy, for our
audit work, for this report, or for the opinions we have forrlled.
//c/,A_
Kèvin Flshèr BA FCA CTA
Senior Ststuto
Auditor
For and on behaffof lfjngston Burrowes Audit Ltd. StatutoryAudl¢or
308 Ewell Road
Surbilon
Surrey
KT6 7AL
Datsd: 13 August 2025
ngslon Burrowes Audit Ltd is eligible for appointment as auditor of the charity by virtue of eligibility for appointment as
auditor of a company under section 1212 of the Companies Act 2006.
PaJe 15

Sister System
(Charitable Incorporated Organisation, Charlty numb•r 11776691
Statement of Financial Activities
for the
ear ended 31 October 2024
2024
2023
Unre8tr6ctsd
Funds
Restricted
Funds
Totsl Fvnds
Total Funds
Notes
Income from:
Donations and legacies
658,357
741,328
1.399.$85
1,487.824
Total In¢ome
658.357
741,328
1.399.685
1.487.824
Expendlture on:
Raising funds
Charitable act4"Vlties
6,419
202,184
3,392
815,693
9.811
1,017.877
7,988
831.033
Totsl exponditurn
208.603
819.085
1.027.688
839,021
Net incomellexpenditurel and movement in funds
449,754
177,757)
371.997
648,803
Transfers bets¥een funds
13
16,052}
6,052
Net m0￿m&￿t in funds
443,701
171.7051
371.997
648.803
Reconciliation of funds..
Total funds ￿oUght forward
395,744
1.140.847
1.538,591
887,788
Total funds carried forward
839.446
1,069.142
1,908,588
1,536,591
All incoming ￿S0￿reèS and resour￿ expended are derived from continuing activities.
The accompanying accounlino policies and notes form an integral part L)f these financlal statements.
p￿16

Sister System
Icharitsblg Incorporated Organisation. ¢harlty numbgr 11776691
Statement of Financial Postion
as at 31 October 2024
31 October 2024
310¢tr)b•r 2023
Notes
Flxed as$ots=
Tangible assets
Total fixed a$sets
11.867
3,819
11,867
3.819
Current assets:
Debtors
Cash al bank and In hand
Total current assèts
1,228,192
933,092
2,161,284
1,160,241
562,707
1,722,948
Credltors.. amounts f•lling du• within one year
10
264,563
190,176
Net ¢urrent assetsllliabilitiesl
1,896,721
1.532,772
Totsl n•t ossèts
1,908,588
1.536,591
The funds of th• charity:
Restricted income funds
Unrestricted funds
1.(b9,142
839,446
1,140.847
395,744
Total charity funds
1.908.588
1,536.591
Thg financlal statements approved by the Board of Trustees on 13 August 2025 and signed on Its ￿half by:
cqu
ne Nicole J
Chair of Trt￿tee5
ès
The notes on pages 19 to 27 fom? part ol these accoun
Paje 17

Sister System
Icharltablo Incorporated Organisation, charity number 11776691
Statement of Cash Flows
for the year ended 31 October 2024
2024
2023
Nèt ineomel{expenditurel for the reportlng pgrfod las per the statement of
financial activities)
371.997
648,803
Adjustments for.
Depreciation charge
Ilnerè8se)Id6crease in debtors
IncreaselldeBrtrasel in creditors
Net cash provided byllu¥ed in) operating activities
2,854
1382.2291
102.223
371,650
167,9511
74.387
382.817
Purchase of property, plant aNd equiprllent
Net cash providèd byllused Inl investing activities
12,4321
12.432
(2,9C
12,90ei
Change In ¢a$h and cash equlvalents in the rèportlng perlod
Cash and cash equivalents at tho bèginnlng of the reporting period
Cash and cash equivalents at the end of th• reporting period
370.385
388,745
562,707
933,092
193,962
562,707
2024
2023
Analysis of cash and cash equivalents
Cash in hand
933,092
562,707
Total cash and cash equlvalents
933,092
562,70T
Pag& 18

Sister System
Icharltable Incorporated Organisation, charlty number 11776691
Accounting Policies
for the
ear ended 31 October 2024
Basls of preparation
The financial statements have been piepared in 8fxordane8 with..
al Applicable UK accounting standards, including Financial Reporting Standard 102 The Financial Reporting Standard
applicable in the UK and Republic of Irdand IFRS 1021,.
bl Accounting and Rewrting by Charities.. Statement of Recommended Practice applicable to chattlies preparlng thdr
accoLJnts in accordance with the FinanrAal Reporting Standard applicable in the UK and Republlc of Ireland IFRS 102)
(Èffective 1 January 2019) . IChaTlties SORP FRS 1021;
dl the Charfties Act 2011.
PublSc benefft entity
The charity meets the definalion of a publɢ benefit entity under FRS 102.
In¢ome recognition
Income including donations, gifts and funds raise(l from fundraisin9 event5 are recognised where there 18 entillement. il
is probable that the income wll be re￿iVed and th81 the amount can be Measur￿ reliably.
Income from th8 sal8 of goods is recognised when the signifi'cant risks and rewards of ownership of the goods have
passed to th8 buyer (usually on dispatch of the goods), the amount of income can be measured teli8bly, it is probable
that thè economic benefits associated with the Iransa¢tion v4ill flow to the entity and the cosls in¢vrwl or to b8 incurred
in respacl ol the transaction can be measured reliably.
Income from grants, where related lo performance and sp￿AriC ddiverables, is account8d for as the charitable company
earns the right to consideration by it8 perfomianc8.
Interest on funds held on deposit is included when reC￿vable and the amount can be measured rdiably by the charity.,
this is normally upon notification of the interest paid or payable by the bank.
Expenditure recognition
Expenditure is recognised when a liability is incurred and Is analysed as shown bdow..
Cc>sls of raising funds are those costs inwrred in allrarAing donations and legacie5, and those in¢urred in trading
activities that raise fvnds.,
Chaiilable activities include expenditure a550¢i8ted with family support Ser￿￿S and reseaTch services includè both
the diTecl costs 8n¢Y support costs relating lo these activities..
Support costs include central functions and have been allocaled to activity cost Cat￿One$ on a basis consistent with
th& use of resources e.g. allocating property cosls by floor area, stsff costs by lime spent and othu CDsls by their
usage.
Liabililes are dassified ac￿rdIng to the subslancÉ of the contractual arrangement entered into and a￿ slated 8t their
nominal amount.
Def•rr¢d in¢orno
Income received which is ¢ontractually or otherwise not expendable unti13 future period is deferred to the period in which
it meets the criteria foi income recognition.
Fund accounting
Funds held by the charitable company are..
Unrestricted Funds
These are funds th81 can be used in accordance with the charitable objects at the discretion of the Board of Twsle88.
Restrlcted Funds
These are funds that eAn only te used for Sp￿lf1￿ reslrict8d puT￿S8S Within the objects of the charity. Restrictiuns arise
when speLafied by the donor or when funds are raised for reslrictÉd purposes.
P¥Ja 19

Sister System
(Charitable Incorpornt•d Organisation. charity llUTnbpr 11776691
Accounting Policles
for the ear ended 31 October 2024
Pensions
The d)arity operates defined conlribulon schemes which are administered by outsidè independent p￿S1On5 providers.
Contributions payable for the year are d)arg￿l to the Statement ol Financial Aotivitiès.
Taxatlon
The company is a registered charity, 8n¢Y thèrèfore is not liable foT incorne lax or ¢orporation tax on income derived from
ils Charitable artivities, as it falls within the various exemptions available for registered charities.
stock
Stocks are staled 81 thè lowér of cost and estirnated selling price less costs to complete and sell. Cost comprises direct
m2terials and, where applicable, direct labour costs and those overheads that have been In(￿rred in biinging the stocks
lo their present location and condition.
Stoc*s hdd ftsr distribution at no or nominal considoralion are measur&J al the lower of cost and replacement cost.
adjusted where applicable for any loss of service potential.
Inv•stments
Investment5 in subsidiaries are measured at cost less impairnient.
Financial instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic finan¢i81
Irislruments arè initially recognised al transaction value and subsequwlly measured at amortised cost using the effe(aive
interest m8thod.
Judgements and key sour¢ès of èstimation uncertainty
In the appli(3lion of the charity's accounting Policies, Ihe directors are required lo make judgements, eslimales and
assumptions about the carrying amount of assets and liabilities that are not readily apparent from other Sour￿$. The
e51irnale5 and associated assumptions are absÈd c>n historical experience and other factors th8t are considered lo be
relevant. Aciual results may differ from thèse estimates.
The estimates and undèrlying assumptions are reviewecl on an ongoing basis. Revisions to accounting estimates are
recogllised in thè period in which the eslirHate is revised where the revision affects only Ih8t period, or in the period of the
revision and future pÉriods where the revision affects both Current and fvture periods.
The trustees do not consider any of these judgements or ostirn8tions to have any significant effect on the financlal
statements.
PagB 20

Sister System
Icharltable Incorpordtsd Oryanisation. charlty number 11776691
Notes to the Accounts
for the
ear end¢d 31 October 2024
1 Incoming r•$ourees
The incoming resourcss and surplus are attributable lo the prinopal a¢tivities ol the charity.
2 Net in¢omlng r¥$ources
Net incoming resourcss arè stated after char￿9..
Auditors fees.. audit setvices
Operating lease ¥entals charged to expenditure
Depreciation - owned assets
2024
2023
5,280
51,521
4,384
4,800
30,000
2.854
Trustee8' èmolumènts
Emoluments include salaries, fees, bonuses. expense all¢)W8nces and estimated non-cash benefits receivable. All Ituslees serve in
a voluntary capacTty do not receive payment for their services as trustees.
2024
Total
2023
Totsl
Donations and lega¢ies
Lknrestrlctsd
Unre8tr6cted
R6strlcted
Donations
Grants tNolè 231
11.896
646,661
658,357
11.6
1.387,989
1,399.685
14,298
600,084
614,382
14,298
1,473,526
1,487 824
741,328
741328
873.442
873,442
2024
2023
4 Expendlturo on ralslng funds
Unrestrlctsd
R8Stricted
Totsl
Unrèstrfctéd
Restrlctsd
Total
Promotional activity
6,419
6.419
3,392
3.392
9,811
9,811
6,098
6,098
1,890
1,890
7.988
7,988
2024
2023
5 Expènditure on ¢haritablo
actlvlties
Unrestrlcted
R88tricted
Total Unr95triGted
Restrl¢tsd
Total
Programme delivery
Support costs
Premises
Govwnance
89,327
108,177
{1201
4,800
202,184
709,852
47,967
57,873
799,179
156,144
57,753
4,800
1.017,877
138,667
157,966
28.861
3,798
329,292
452,743
40,383
7,813
1,CK)2
501,741
591,410
198,349
36,474
4,800
831,033
815,693
PaJe 21

Sister System
(Charltable Incorporated Organisation. charity number 11776691
Notes to the Accounts
for the
ear ended 31 October 2024
6 Stsff costs
All staff
staff salaTies
Staff social security
Staff pensions
2024
2023
578,180
46,696
17,599
642.475
324,945
36,448
8,985
370.378
The charity considers its key managernenl personnel lo be the truSt￿S and the executive director. The total employrnenl benefits
(including employer pensi(>n CDntributs'on51 of the key managemenl personnel were £81,t>2812C)23'. £78,305).
Thè average number of employee8 the period was..
2024
No.
16
2023
No.
14
Employees
Charitable a¢tithtiès
Fundraising
Finan
Total
17
Aggregate amounl of emoluments paid to board members or former board members during the
year..
The number of employees whose total employe& beneffls {exduding employer pension costs) fell within èach band of £10,OOQI from
£60,000 upwards were as follows..
No of employees
2024
Band
£70,000 to £79,999
£80,000 to £89,999
2023
No remuneration was paid to any Trustee or theif assooiales for serwces as a trustee during the yèar ￿ded 31 October 2024 nor
10 31 October 2023.
Flxturbs &
fittings
7 Tangible fixod assets
equipment
Cost
As at 1 November 2Q23
Additions
1,187
1,890
8.324
10.542
9,511
12.432
As at 31 October 2024
3,077
18.886
21,942
Depreciation
As at 1 November 2023
Charge for the year
79
394
5.613
5,692
4,384
As at 31 October 2024
473
9,603
10.J76
Net book value
As at 31 Ociober 2024
2,603
9,263
11,867
As a131 Octobèr 2023
1,108
2,711
3.819
8 Debtors: amounts falling du8 within one year
2024
2023
Trade debtors
AccrLJ&d income
Deposits paid
Prepayments
39,472
771.759
2,981
4,391
818,604
724,843
724,843
PwJe 22

Sister System
{Charitsble In¢orporated Organisation, charity number 11776691
Notes to the Accounts
for the
ear ended 31 October 2024
9 Debtors: amounts falllng due after one year
2024
2023
Awued income
409,588
409,588
435.398
435.398
10 Credltors: amounts falling due wlthln on• yoar
2024
2023
Trade creditors
Other creditors
Social security & other tsx&s
Accruals
16,277
3,642
232,164
12,480
264,563
354
1.4C>8
183.614
4,800
190.176
Oponlng
balance
Resouros
ari5iDU
Resources
L¢t116sed
Other
movements
Closlng
balance
11 The fund$ of the ¢harlty.' current year
Restiycled funds
Restricted incon)e funds INote 241
nrestiycted funds
General tunds
1,140,847
741.328
1819,085)
e,052
1.￿9,142
395,744
1.536,591
658,357
1,399,685
208.603)
11.027,6881
16,052
839,446
1.908,588
Opening
balan
Resourc85
arising
R¢sour¢es
uttllsed
Other
movement8
C1051fiU
b*n¢e
12 The funds of the charlty: prlor year
R trittt6d funds
Restricted income funds INole 251
trictèd funds
General funds
775.247
873,442
1503.6311
14,2111
1,140,847
112,541
887.788
614,382
1,487.824
335,3901
1839,0211
4,211
395,744
1,536,591
D8slgnat9d
funds
Restncted
fund8
6,Q52
6.052
End0%￿nettt
nds
13 Transfers between fundg: currant poriod
General lo ￿tricted
Ganeral fund8
6.052
16,0521
Total
Deslgn8t8d
funds
Re5tri¢ted
lunds
4,211
14,211)
Endov+m8nt
funds
14 Transfers ￿tween funds: prior period
Restricted lo geneial
Generrtl funds
4,211
4,211
Total
Designaled
fijnds
Restricted
funds
Endowment
fvnds
15 Net assets attributab￿ to funds: current perlod G8noral funds
Total
Tangible fixed assets
Current assets
Cuirenl li8bililies
Net assets represented by funds
5,814
1,098,194
264,563)
839.446
6,052
1,063.090
11,867
2,161,284
264,563
1.908.588
1.069,142
Pa3e 23

Sister System
(Charitable Incorporated Organlsatlon, ¢harlty number 11776691
Notes to the Accounts
forthe
ear ended 31 October 2024
D88lgnatsd
lunds
Restri¢1
funds
Endowment
funds
16 Nèt assets attributabte to funds: prlor perlod
eral fvnd8
Totsl
Tangible fixed assets
Current assets
Current liabilities
Net assets rèprasented by funds
3,819
582,101
1190,1761
395,744
3,819
1,722,948
1190,176
1,536,591
1,140,847
1,140,847
17 Taxation
The ¢ompany is a registered charity. Accordingly. it is exernpt from laxalion in respect of income and capital gains to the @xtent
that these are applied to its charitable objects.
18 Pension commitments
The charity conlribules to èmployee defin￿1 contribution IDC} stakeholder pension schemes. The assets of the schemes are held
separately from those of the charity in independently administered funds.
19 Othèr financial commitments
Total o
eratin
lÈas8 commitments
At 31 October 2024, lh& ch8rity had totsl ￿MmItments under nOn-Can￿lIable operating leases as detailed below..
Equipment
Land & bulldlngs
2024
2024
2023
2023
Within one year
Between one and five years
40,006
22,117
62,123
12.892
12,892
20 Contingent Ilabilities
The charity harl no material conlingenl liabllltles at 31 October 2024 nor al 31 O¢lc>bèr 2023.
21 Related party transactions
During the period the charity entered into Iransadions with the following related parties..
Transactions
Balances ovnd from I Itol
2024
2023
2024
2023
Mark Williams
- Quality Assuiance advice
E51heT Douglas
Payroll eosts
Sislersystem Incorporated CIC
- Grant received
Trustee
1.309
C105e relative of key
rnanagament personn
Business owned by key
management persollll
15,980
12,892
1,000
1.050
13.942
22 Regulatory status
The entity is a Chantsble Incorporated Organisatlon {CIOI governed by its CX)n8trtulion, charity nurnber 1177669.
Psge 24

Sister System
(charitable In¢orporatod Organlsatlon, charity nurnbor 11776691
Notes to the Accounts
for the
ear ended 31 October 2024
23 Donations and lega¢iès - Grants
2024
T¢)tal
2023
Total
Unrestrfcted
R8striGted
Unrestrtcted
R8Strfcted
GLA New Daal for Young People
UK Youth- Thriving klinds
Sistèrsystem Incorporated CIC
Safer Neighbourhorxl Board
Haringèy (Bridge Renewal Trust)
MOPAC SisleThood Ellhan
John Armitage Trust
The Listening Fund
Impetus
KPMG Foundation
Haringey Together we Can 2022
The Leathersellers. Foundation
Mariamarina Foundation
Salesforce Catalyst Fund
Lloyds Bank Communily Grant
NDYP Scale Up
Haringey Household Support Fund
Rosa Voices Frotn the Frontline
Berkeley Foundation
Peabody Community Fund
Impact 100
The Big Give- Champions For
Children Fundraiser
LCF VAWG Cost of Living Fund
Lovinglon Foundation
Smallwood Trust
AXA XL
AXA XL Ic051 of livtng a(klilionall
Paul Hamlyn Foundation
CO&R
NDP(P Propel
MOPAC (Call off Contract 2)
LCF IMOPAC VAWG Grassroots
Fund)
L￿￿le Schroder
City Bridge Foundation
Born This Vvay Fdn
NPT Tran5allanlic
Esme& Fairbairn Foundation
Garfield Weston Foundation
Esmee Faiibaii
Lloyds Bank communty grant
Berkeley Found81ion
24,791
24,791
13,OQO
1.000
13,000
I,ooc)
2,835
109,074
2,835
109,074
105,000
81,764
120,000
150.000
5.000
100.ODO
40,OQO
79,834
52,250
160.567
4.438
7,000
33,000
25,708
130,000
105,OQQ
81,764
120,000
150,000
5,000
loo,000
40,000
79.834
52,250
160,567
4,438
7,WO
30,WO
25,708
3,00
13Q,OOD
6.037
13.733
6,037
13,733
10,000
50,676
36,610
10,000
50,678
36,610
3,571
3,571
150,000
150,000
225,000
225,0
133,365
62.992
133,365
62.992
9S,378
95,378
37,500
380,Q80
41,222
2,500
309,090
50,000
5,000
2,500
1,OOD
1387 989
37.500
380.080
41,222
2,500
309,090
50.000
5.000
2,50Q)
1.ODCt
741328
800 084
873 442
1 473 526
P￿e 25

Sister System
{Charitablo Incorporated Organisation, charity number 11776691
Notès to the Accounts
forthe
ear ended 31 October 2024
24 Restri¢ted fund$: current perlod - 2024
2024
Ctosing
Opening
Incomlng
R850urees
Trdn5fers &
LCRF Wave- City Bridge Trust
LCRF Wave- VAWG
Smallwood (Frontline Women's Fund)
ESFA- Equipment
VAWGILCRFIMOPAC
UK Youth
ROSA & Smallwood Women's Thrive Fund
sol3￿ Women's Fund (Labyrinth Project)
Haringèy Giving - SS Got Tal￿t
Kickslart- DWP
Redbridge EHCP
Haringey Council Household Support Fund
William Wates Fund
Sis-star Income (Bridge Renewal Ctsrnerston8 C
produGlion
GLA Nèw Dèal for Young People
Homecooked Bridge Renwml Tr4JsI
Yout Best Friend Safe Lives
Wood5ide High School
Sistersyslem Incoiptsrated CIC
The National Lottery
MOPAC Sisterhood Enhanced .
Safer Neighbourhood Board Haringey16ridge
Renewal Trust)
The Listening Fund
KPMG Foundation
Haringey Together we Can
Mariamarina Foundatitsn
NDYP Scale Up
Haingey Household Support
8eTketey Ftsundation
Peabody Cornmunily Ftsnd
The Big Giv& Champions For Children Fundraiser
LCF VAWG Cost of Living Fund
Smallwood Trust
AXA XL
Paul Hamlyn Foundation
NDFYP Prop
MOPAC (Call off Conlr8¢t 21
LCF {MOPAC VAWG Gra88roots Fund)
Crty Bridge Foundation
Born This Way Fdn
NPT Transatlantic
2,293
1,252
923
4,158
3.002
7.275
12,2931
11,2521
1923)
14,158)
13,002}
7,275
1361
12,97n
(1,08Ql
110,3921
{4.5871
2,977
1.049
10,245
5,787
2,569
18,005
31
147
1.200
2,569
207
{17,7981
410
62,481
3,572
13,027
1,263
38
264,009
138,2
{4101
162,4811
13,5721
113,02n
11,300}
11,853)
1108,097)
1138,237)
24,791
24,791
37
815
1.￿0
155,912
2,803
12.8251
143,0691
138,8921
11,1541
12,4281
1105,0651
12,5691
123,061)
15,781)
22
2,429
105.612
1,154
2,428
142,565
66,720
37,500
2.569
30,000
24,911
5,752
5,575
50,191
36,610
150,000
8,940
19.130
5,752
5,575
33,762
29.752
117,930
97.115
29,860
57.499
344,990
22,165
2,50Q
1 069 142
116.4291
16,8581
132,0701
136,2501
133,1321
137,8791
{35,0901
{19,0571
133,365
62,992
95,378
380,080
41,222
2,500
741328
1 140 847
Page 26

Sister System
Icharltable Incorporatsd Organlsatl<)n, ¢harlty number 11776691
Notes to the Accounts
for the
ear ended 31 October 2024
25 Rèstrfctod funds: prior period- 2023
2023
Closffing
Opening
Incomlng
Rosourc¢s
Transfeys &
Lottery Awards
Matrix Causes Fund
London Catalyst
MOPAC
UK Youth Fund
The Lealhersellers, Foundation
Renewal Trust
The Feminist Review
The Nation81 Lottery Comrnunity Fund
The Fore Raft Fun(5
LCRF Wave- City Bridge Trust
Un Ltd August
LCRF Wave- VAWG
Srnallwood (Frontlinè Women's Fundl
ESFA- Equipment
Haringey Giving- The Bridge Renewal Trust
VAWGILCRFIMOPAC
Two Magpies
UK Youth
ROSA & Smallwood Wornen's Thriv8 Fund
so13￿ Women's Fund (Labyrinth Project)
Haiingey Giving- SS Got Talent
Kick51art- DWP
Redbridge EHCP
Haringey Council Household Supwt Fund
William Wates Fund
Sis-star Income (Bridge Renew81 Cornerstone Co-
production
GLA New Deal for Young People
Homècooked Bridge Renewal Trust
London Imp8¢1 Awards LCF
Your Best Friend Safe Lives
Windrush Day Grant
Woodside High School
Sistersystem Incorporated CIC
The National Lottery
MOPAC Sislèrhood Enhanced .
Saler Neighboufhood Board Haringey (Bridge
Renewal Tiustl
Tho Listening Fund
KPMG Foundation
Haringey Togethw w8 Can
Mariamarina Foundation
NDYP Scale Up
Rosa Vol￿S From the Frontline
Berkeley Foundation
Peabody COm￿UnitY Fund
The Big Give- Champions Foi Ghildren Fundraiser
LCF VAWG Cost of Living Fund
Srnallwwd Tiust
YAXL
Paul Hamlyn Foundation
345
219
120
1,206
260
759
13451
12191
11201
I1,2￿)
12eOI
17591
(581
12921
171
191
292
2,293
662
1.252
923
4,158
113
20,919
219
7,275
891
2,977
1,649
12,772
5.787
1,522
18,005
2,293
(6621
1,252
923
4,158
1113)
117.9171
3,LKJ2
12191
7.275
36
2,977
1,049
10.245
5.787
2,569
18,005
18551
{600}
12,52n
4,438
13,3911
1,650
162,393
3,572
14,128
13,633
4.336
1.263
38
378,021
111,520
{1,2401
199.9121
410
82.481
3.572
{14.1281
16061
14,3361
13,027
1,263
38
264,009
138,235
1114,0121
182,359)
109,074
2,835
81,7e4
150,C>OO
5.()00
40,WO
160,567
7,000
30,000
25,708
24.911
6,037
5,752
13,732
5,575
50,678
50,191
36.610
36,610
150.000
150,000
503,629
4,211
873.442 1,140,847
132}
141,124)
144,3881
13,8461
137,5721
118.(M)21
(7,0581
2,803
40,640
105,612
1,154
2,428
142,565
58
17971
12851
(8,1571
{4851
775,246
Page27