## **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|||
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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|||
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## **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