Trustees’ Annual Report for the period
From 01/04/2023 Period start date To 31/03/2024 Period end date
Charity name: Proud Professional Parents (The P3 Network)
Charity registration number: 1178137
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To represent non-traditional and under-rep- resented families (both LGBT and non-). The support is offered throughout the life cycle of a family - from options to creating a family, to discussions with employers on inclusive leave policies, return to work mentoring, and school engagement. |
| Summary of the main activit- ies in relation to those pur- poses for the public benefit, in particular, the activities, projects or services identi- fied in the accounts. |
Para 1.17 and 1.19 |
Panel discussions, facilitating training, company policy reviews and commentary, preparing of information sheets. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Com- mission on public benefit |
Para 1.18 | Yes, regard has been had to the guidance issued by the Commission. |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment
| No cash contribution or any items akin to | |||
|---|---|---|---|
| Para | 1.38 | cash. Only volunteer time. Every member | |
| Contribution made by volun- | that helps drive the work of the charity does | ||
| teers | so by way of volunteering. | ||
| N/A | |||
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its be- neficiaries and any wider benefits to society as a whole. |
Para 1.20 | There has been no charity activity this year. Volunteer numbers declined and the time available of existing volunteers has likewise declined. Limited engagement with existing organisa- tions we used to support has highlighted that they are comfortable supporting themselves. They have more active membership of people who are LGBTQ+ and have become parents or have access to other information available from mainstream or other charity sources. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against ob- jectives set |
Para 1.41 | See above given no activity. The value and impact of the charity has substantially de- clined. There is no need for it at this time and with the decline in organisations invest- ing in DEI (given the US Supreme Court case and the ‘woke’ press and shareholder pressure) there is no expected further activ- ity. |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | No fundraising activity. The charity only had a number expenses for its various email/ website/hosting/domain charges. Multi-year subscriptions were overdue to be paid for previous years and for new extensions. |
| Investment performance against objectives Para 1.41 N/A Other Trustees will note that historic years had no expenses. These were deferred and the multi-year provision of website/domain/ hosting/email for the operation of multiple years became due for payment. Costs aver- aged £400 per year were paid. |
|
|---|---|
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s fin- ancial position at the end of the period |
Para 1.21 | Sound with funds in surplus of any financial requirements/obligations. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | There are no projected or outstanding liabil- ities and therefore no reserves are re- quired. |
| Amount of reserves held | Para 1.22 | N/A |
| Reasons for holding zero reserves |
Para 1.22 | There are no projected or outstanding liabil- ities and therefore no reserves are re- quired. |
| Details of fund materially in deficit |
Para 1.24 | None. |
| Explanation of any uncer- tainties about the charity continuing as a going con- cern |
Para 1.23 | None. |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | None this period - normally would be speak- er fees. |
|---|---|---|
| Investment policy and object- ives including any social in- vestment policy adopted |
Para 1.46 | N/A |
| A description of the principal risks facing the charity |
Para 1.46 | Activity has ceased this year. Shareholder and media revolt of investment in DEI pro- gramming (‘woke culture’ criticism) is put- ting pressure on organisations to invest in DEI programming and a number of organisa- tions are limiting their investment in external alliances/partnerships/funding. Coupled with the fact that LGBTQ+ parenting numbers have substantially increased since the charity was first organised it’s need is far less critic- al. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 |
CIO Association |
| How is the charity consti- tuted? (e.g unincorporated associ- ation, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any con- stitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees appointed for two or three year term by the board, with support of the lead- ership committee. |
| Additional information (optional) ou maychoose to include further statements where relevant about: |
||
| Policies and procedures ad- opted for the induction and training of trustees |
Para 1.51 | Existingtraining materials are available that were prepared and provided by law firms (on a pro bono basis) for trustees. |
| The charity’s organisational structure and any wider network with which the char- ity works |
Para 1.51 | The charity looks to partner with other di- versity charities to ensure maximum impact for the community. |
| Relationship with any re- lated parties |
Para 1.51 | None. |
| Other |
Additional information (optional)
You may choose to include further statements where relevant about:
Reference and Administrative details
| Charity name | PROUD PROFESSIONAL PARENTS |
|---|---|
| Other name the charity uses | THE P3 NETWORK |
| Registered charity number | 1178137 |
Charity’s principal address 17 Richmond Road, London E8 3BF
Names of the charity trustees who manage the charity
| Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|
|---|---|---|---|---|
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
T Borok | Chief Exec | ||
| R Westoby | Trustee | |||
Corporate trustees – names of the directors at the date the report was approved
Director name None
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| N/A | ||
Funds held as custodian trustees on behalf of others
Description of the assets None. held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information) T Borok (CEO); M Newton (COO)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) TUVIA BOROK Full name(s) Tuvia Borok
Position (eg Sec- CEO and Trustee retary, Chair, etc)
Date Jan 2025