## **THE CORPORATE JUSTICE COALITION CIO**
**Registered charity no: 1179102**
**REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS**
**for the year ended**
**30 APRIL 2024**
||**INDEX TO PAGES**|
|---|---|
||**Page number**|
|Charity Details|1|
|Trustee Report|2-5|
|Financial Review|6|
|Independent Examiners Report|7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Notes to the accounts|10-14|
**The Corporate Justice Coalition CIO**
A Charitable Incorporated Organisation Reg. No. 1179102
## TRUSTEE REPORT AND ACCOUNTS FOR YEAR ENDED 30 APRIL 2024
The Trustees present their report and the financial statements for The Corporate Justice Coalition CIO for the year ended 30 April 2024. The charity is also known as CJC.
## **CHARITY INFORMATION**
|**CHARITY INFORMATION**||
|---|---|
|**LEGAL NAME**|**The Corporate Justice Coalition CIO**|
|**REGISTRATION**|**Charity number:**
**1179102**|
|**BOARD OF TRUSTEES**|The following persons have served as members of the Board|
||during the year and up to the date of this report:|
||E. Maclay|
||T. J. Cooke-Hurle|
||E. S. L. Harris|
||S. Joshi (resigned 1 Dec 2023)|
||I. D. Leader|
||O. Martin-Ortega (resigned 2 Nov 2023)|
||A. Okoye(appointed 2 Nov 2023)|
||S. M. Qadri|
||S. Talbot|
|**EXECUTIVE DIRECTOR**|Eleanor Rosenbach|
|**REGISTERED OFFICE**||
||Unit G.6|
||17 Oval Way|
||London|
||SE11 5RR|
|**BANKERS**||
||Co-operative Bank PLC|
||PO Box 101|
||1 Balloon Street|
||Manchester|
||M60 4EP|
|**INDEPENDENT EXAMINER**||
||Joel Williams|
1
**The Corporate Justice Coalition CIO** A Charitable Incorporated Organisation Reg. No. 1179102
TRUSTEE REPORT AND ACCOUNTS FOR YEAR ENDED 30 APRIL 2024
## **OBJECTIVES AND ACTIVITIES**
The Corporate Justice Coalition’s charitable objectives are:
To promote human rights (as set out in the Universal Declaration of Human Rights 1948 and subsequent human rights conventions, declarations and decisions of the United Nations, International Labour Organisation and regional bodies), by all or any of the following means:
- Monitoring abuses of human rights related to business activity;
- Promoting the right to redress for the victims of human rights abuse;
- Researching the impacts of business on human rights;
- Providing technical advice to government and others on business impacts on human rights;
- Commenting on proposed legislation and government policy in relation to business and human rights;
- Raising awareness of the impacts of business on human rights;
- Promoting public support for the rights of communities and individuals whose human rights are adversely affected by business activity;
- Promoting respect for human rights by businesses;
- International advocacy in relation to business and human rights.
The Corporate Justice Coalition is the long-standing UK civil society network working to improve the accountability of multinational companies for their global impacts on human rights and the environment. Our organisation acts as the secretariat for the 68 formal partner organisations in our coalition in addition to coordinating work with a range of other organisations and individuals, including academic institutions, legal practitioners, activists and campaigners, parliamentarians, civil servants and government.
We facilitate information sharing and collaboration through our email groups; our well attended regular campaign calls and working group sessions; and at our events, including our annual partner meetings for planning collective work.
Committed to working on issues relevant to the domestic context while situating our work in a broader global context, we play an active role in our sister network, the European Coalition for Corporate Justice, on whose Board our Director sat as Secretary over the period.
Similarly, we continued to collaborate on a project which emerged in 2022, known as GICA (the Global Initiative for Corporate Accountability) on corporate accountability and mandatory human rights and environmental due diligence (mHREDD), undertaken alongside regional and national networks in Europe, the USA, Canada, Australia, Africa, Mexico, Brazil and south Asia.
A long-standing member of the Home Office’s Transparency in Supply Chains thematic group, we also form part of the Modern Slavery Strategy and Implementation Group, attending regular meetings.
We respond to government and international (e.g. EU, UN, OECD) consultations on business and human rights issues, and provide regular in-person and written briefings for MPs, peers and their advisors. Over the financial year we provided written inputs to consultations to the Public Bill Committee on the Economic Activity of Public Bodies Bill; the **Scottish Human Rights Bill consultation** , and the **UK non-financial reporting consultation** . We also coordinated and submitted a complaint to the UK NCP related to gender-based violence and harassment at McDonald’s UK outlets. The complaint was cosigned by the BFAWU, IUF, EFFAT, SEIU and the TUC.
2
## **The Corporate Justice Coalition CIO**
A Charitable Incorporated Organisation Reg. No. 1179102
## TRUSTEE REPORT AND ACCOUNTS FOR YEAR ENDED 30 APRIL 2024
We ensure our work is linked to ongoing and relevant legal cases and issues wherever we consider them to be relevant to our work. To illustrate, we await the next steps in the Okpabi v Shell case, due to proceed to trial in England, after our 2020/2021 intervention with the International Commission of Jurists in the UK Supreme Court case of the same name.
Finally, we engage with individuals and organisations across multiple social channels, while conducted targeted media engagement to promote our work and raise awareness amongst the public of business and human rights issues.
## **PUBLIC BENEFIT**
Trustees keep in mind the guidance from the Charity Commission on public benefit when establishing our aims and objectives and planning our future activities and we intend to comply with this. Much of our activity is geared towards achieving long-term changes to the legislative and regulatory framework for the governance of business and, as such, benefits are not always immediately visible. For example, our work which was central to achieving progressive amendments to the Modern Slavery Act was carried out over a number of years but has resulted in positive change for beneficiaries in the UK and overseas. Similarly, much of our activity over the past two years fits into a longer-term trajectory of securing legislative change which will ultimately lead to greater protection of individuals and communities around the world from human rights abuses by business.
## **ACHIEVEMENTS AND PERFORMANCE**
Our primary area of activity, achievement and performance is on our long-term initiative which calls for new legislation to enshrine a corporate duty to prevent negative human rights and environmental impacts in global value chains (also known as mandatory human rights and environmental due diligence / mHREDD). Our work on this initiative both as an organisation and across our coalition spans strategic planning and engagement with our many partner organisations, political advocacy, engagement with businesses, and media and communications work. Over the 2023-2024 financial year we enjoyed notable advances in our coalition’s work and impact on mHREDD. Following multiple meetings with MPs and Peers from multiple political parties, in tandem with concerted advocacy efforts involving academics and wider civil society, we secured advances in the form of a Labour National Policy Forum Commitment in November and a Liberal Democrat Policy position adopted at the 2023 Autumn party conference, both of which refer to due diligence in private and public sector supply chains.
Over the period, coalition members coalesced around advocacy efforts to raise awareness of and support the first reading of Baroness Lola Young of Hornsey’s “Commercial Organisations and Public Authorities Duty (Human Rights and Environment) Bill” (COPAD), whose first and second readings where held on the 23 November 2023 and 10 May 2024 respectively. The Bill drew on the most recent draft of the CJC model law in its development. While the second reading fell outside of the 20232024 financial year, intensive preparation in the lead up to this date included conducting wide ranging parliamentary outreach and engaging with supporter groups, media and wider networks. Also in collaboration with partners, we engaged in outreach to MPs and Peers to secure support for our legal proposals, securing 55 pledges from Parliamentarians from eight parties on our Westminster facing ‘Good Business Matters by the close of the reporting period.
3
**The Corporate Justice Coalition CIO** A Charitable Incorporated Organisation Reg. No. 1179102
## TRUSTEE REPORT AND ACCOUNTS FOR YEAR ENDED 30 APRIL 2024
In addition to securing political support, we have strengthened our broader movement over the last 12 months, securing wide ranging business and investor support, establishing public support for new legislation, and growing the CJC network. We worked with partners to develop a statement calling on the UK Government to create ambitious human rights and environmental due diligence legislation, including through liability mechanisms such as failure to prevent, securing sign on by 167 business enterprises and investment organisations. This statement was launched in tandem with the release of YouGov Polling carried out in collaboration with our coalition partner Friends of the Earth, which found that four in five UK adults want new UK laws requiring British companies to prevent human rights abuses (81%) and serious environmental damage (83%) in their operations and supply chains.
We also took part in and organised a number of high-profile events and meetings, including coordinating an event at the Labour party conference, holding multiple meetings with Parliamentarians, and leading events on the Parliamentary estate. To illustrate, in June 2023 we held an event for MPs in collaboration with the All-party Parliamentary Group on Human Rights, entitled ‘Levelling the playing field for UK companies: Mandatory supply chain due diligence to protect human rights and the environment.
Our public campaigning work also continues to gain momentum. The shared petition we coordinate now has more than 126,000 signatures from members of the UK public. Additionally, members and supporters of our partner organisations have sought and secured meetings with MPs, while we have spoken at a number of events, including on critical minerals, Colombian human rights defenders and land expropriation, and at various trade union conferences.
Our Coalition grew by three members over the period, demonstrating our momentum and relevance to civil society organisations across the UK. Our annual partners’ planning meeting was held in June 2023, at which the priorities and strategic direction for the coalition was collectively determined by the 21 organisations present. In line with the outcome of this meeting, we developed a Parliamentary briefing on mHREDD and the environment, endorsed by 29 organisations. We advanced the ongoing development of a model law, collating feedback and input from civil society partners and legal experts to strengthen its development. Ongoing consultative outreach on this model law to allied civil society groups from the Global South is underway. In November, we published a case study report entitled ‘Bridging the Gap’, which compiled case studies of human rights/environmental harms from around the world involving UK businesses and/or investors, highlighting how a new UK law could have made a difference to people and planet.
Our work as a whole was funded by Joseph Rowntree Charitable Trust, Sigrid Rausing Trust and Poldham Puckham Charitable Foundation, in addition to a number of voluntary contributions made by our partner organisations. Additionally, specific projects and initiatives were funded by the European Coalition for Corporate Justice (ECCJ), and the Global Initiative for Corporate Accountability (GICA).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **GOVERNING DOCUMENT**
The Corporate Justice Coalition CIO is a Charitably Incorporated Organisation, and adopted a new CIO constitution on 24 November 2021. Previously The Corporate Justice Coalition was registered as
4
## **The Corporate Justice Coalition CIO**
A Charitable Incorporated Organisation Reg. No. 1179102
## TRUSTEE REPORT AND ACCOUNTS FOR YEAR ENDED 30 APRIL 2024
a charitable company with effect from 6 July 2018 (originally as The Corporate Responsibility (CORE) Coalition Ltd).
## **BOARD**
The charity’s Board of Trustees met twice during the year. All Trustees give their time voluntarily, and received no benefits from the charity. The Chair of the Board of Trustees is Elaine Maclay. Over the year, changes to the Board’s composition were incurred:
- Adaeze Okoye joined the Board in November 2023
- Olga Martinez-Ortega left the Board in November 2023
- Seema Joshi left the Board in December 2023
It is considered that all Trustees and any others who could be understood to be ‘managers ’in the activities and affairs of the CIO - as defined in Schedule 6 of the Finance Act 2010 - have completed declarations confirming that they are ‘fit and proper ’persons under the terms of the Finance Act 2010.
## **RECRUITMENT AND APPOINTMENT OF TRUSTEES**
Trustees are recruited by advertising in professional journals and also via the charity’s networks, and appointed following an interview process at a trustee meeting.
## **STAFF**
Over the course of the year, a total of five staff were employed non-consecutively:
- Director
- Senior Policy and Advocacy Officer
- Policy and Campaigns Officer
- Finance Officer
- Policy Intern (New temporary post)
## **RISK MANAGEMENT**
Trustees are aware that there are a variety of risks which have the potential to affect our success and aim to take these into account when planning our activities or responding to events.
## **FINANCIAL REVIEW**
## **RESULT FOR THE YEAR**
The Trustees report an excess of income over expenditure of £50,272 which will be added to reserves for use in 2024/25.
5
A Charitable Incorporated Organisation Reg. No. 1179102
## **The Corporate Justice Coalition CIO**
## TRUSTEE REPORT AND ACCOUNTS FOR YEAR ENDED 30 APRIL 2024
## **RESERVES**
The accounts show reserves of £151,061, of which £5,063 are restricted and £145,998 are unrestricted.
## **RESERVES POLICY**
The charity has a reserves policy, which identifies the restricted and designated funds required to meet future commitments, and a minimum level of unrestricted reserves to ensure that core activity could continue during a period of unforeseen difficulty. This has been calculated at approximately £77,924, which is 6 months of staffing and overhead costs. In addition, some funds are set aside to be used to take up opportunities that may arise.
The unrestricted reserves at 30th April 2024 were £145,998, which more than meets the desired target and provides substantial operating funds for 24/25. Indeed, the surplus from 23/24 is budgeted to be spent on activities in 24/25, bringing the fund level to be more in line with the planned level.
## Signed: _Elaine Maclay_
Name: ELAINE MACLAY Date: 5 December 2024
On behalf of the Board
6
**The Corporate Justice Coalition CIO** A Charitable Incorporated Organisation Reg. No. 1179102
TRUSTEE REPORT AND ACCOUNTS FOR YEAR ENDED 30 APRIL 2024
## **Independent examiner’s report to the trustees of Corporate Justice Coalition CIO (‘the CIO’)**
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 30 April 2024.
## **Responsibilities and basis of report**
As the charity trustees of the CIO 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 CIO’s accounts carried out under section 145 of the Act. In carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the CIO as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Joel Williams 1 Montrose Avenue Stretford Manchester M32 9LN
Date 5 December 2024
7
## **The Corporate Justice Coalition CIO**
## A Charitable Incorporated Organisation Reg. No. 1179102
## TRUSTEE REPORT AND ACCOUNTS FOR YEAR ENDED 30 APRIL 2024
## **Statement of Financial Activities For year ended 30 April 2024**
|**Income**
**Notes**
Income from donations
2
_Income from charitable activities:_
3
Investment income
4
**Total Income**
**Expenditure**
Costs of raising funds
Expenditure on Charitable activities
5
**Total expenditure**
**Net Income/(Expenditure) and net**
**movement in funds for the year**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**Total funds carried forward**|**2024**
**Unrestricted**
**funds**
**£**
156,426
0
1,278
157,704
0
112,495|**2024**
**2024**
**Restricted**
**funds**
**TOTAL**
**FUNDS**
**£**
**£**
50,926
**207,352**
4,000
**4,000**
0
**1,278**
54,926
**212,630**
0
**0**
49,863
**162,358**
49,863
**162,358**
5,063
**50,272**
0
**100,789**
5,063
**151,061**|2023
TOTAL
FUNDS
£
196,962
309
422|
|---|---|---|---|
||||197,693|
||||0
150,739|
||112,495||**150,739**|
||45,209
100,789||46,954
53,835|
||145,998||100,789|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 10 to 14 form an integral part of these accounts
8
## **The Corporate Justice Coalition CIO**
A Charitable Incorporated Organisation Reg. No. 1179102
## TRUSTEE REPORT AND ACCOUNTS FOR YEAR ENDED 30 APRIL 2024 **Balance Sheet as at 30 April 2024**
|**Notes**
**Current Assets**
Debtors
12
Cash at bank
**Total current assets**
**Current Liabilities**
Creditors falling due within one year
13
**Total current liabilities**
**Net Current assets**
**Total assets less current liabilities**
**The funds of the charity:**
17
Unrestricted funds
General unrestricted funds
Restricted funds|**2024**
**£**
**£**
0
160,812
**160,812**
9,751
**9,751**
**151,061**
**151,061**
145,998
**145,998**
**5,063**
**151,061**|**2023**
**£**
**£**
21,434
90,856
112,290
11,501
11,501
100,789
100,789
100,789
100,789
0
100,789|**2023**
**£**
**£**
21,434
90,856
112,290
11,501
11,501
100,789
100,789
100,789
100,789
0
100,789|
|---|---|---|---|
||9,751|11,501||
||145,998|100,789||
||||100,789|
||||100,789|
||||100,789
0|
|||||
||||100,789|
These financial statements of The Corporate Justice Coalition CIO Registered Number 1179102 were approved by the Board of Trustees and authorised for issue on 5 December 2024
## **SIGNED ON BEHALF OF THE BOARD OF TRUSTEES**
## _Elaine Maclay_
Name: E MACLAY
The notes on pages 10 to 14 form an integral part of these accounts
9
**The Corporate Justice Coalition CIO** A Charitable Incorporated Organisation Reg. No. 1179102
## TRUSTEE REPORT AND ACCOUNTS FOR YEAR ENDED 30 APRIL 2024
## **Notes to the accounts**
## **1. ACCOUNTING POLICIES**
## **a) Basis of preparation**
The financial statements have been prepared in accordance with 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 Ireland (FRS 102) (effective 1 January 2015) - Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The financial statements have been prepared under the historical cost convention. These accounts have been prepared in accordance with the Charities Act 2011.
There have been no changes to the basis of preparation this year or to the previous year's financial statements.
The Corporate Justice Coalition CIO meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes(s).
## **b) Preparation of the accounts on a going concern basis**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **c) Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) have been met, it is probable that the income will be received and the amount can be measured reliably.
## **d) Tax reclaims on donations and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation Is considered to be part of the gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
## **e) Donated services and facilities**
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102) general volunteer time is not recognised but is referred to in the trustee's annual report.
## **f) Fund accounting**
Unrestricted funds are funds received which have no restrictions placed on their use and are available to spend on activities that further any of the purposes of the charity.
Designated funds are unrestricted funds of the charity which the trustees have decided to set aside to use for a specific purpose.
Restricted funds are funds which are to be used for purposes specified by the funder.
## **g) Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
## **h) Debtors**
Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid
## **i) Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account
10
**The Corporate Justice Coalition CIO** A Charitable Incorporated Organisation Reg. No. 1179102
## TRUSTEE REPORT AND ACCOUNTS FOR YEAR ENDED 30 APRIL 2024 **Notes to the accounts (cont.)**
## **j) Liabilities**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
## **k) Critical accounting estimates and areas of judgement**
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Charity does not currently have any significant accounting estimates or areas of judgement.
|**2. DONATIONS**
Grants
Action Aid
Amnesty International
Business and Human Rights Resource Centre
CAFOD
Christian Aid
Friends of the Earth
Friends of the Earth Scotland
Human Rights Watch
Global Witness
Joseph Rowntree Charitable Trust
Leigh Day
Oxfam
Polden Puckham Charitable Foundation
Scottish Catholic International Aid Fund
Steelworkers for Humanity
OSF/Laudes/Humanity United
The Sigrid Rausing Trust
The Tides Center OSF/ICAR
European Coalition for Corporate Justice (ECCJ)
ECCJ BHRinLaw project
ECCJ ASBL - 2022 grant
ECCJ ASBL - 2023 grant
Donations from individuals including Gift Aid
**3. INCOME FROM CHARITABLE ACTIVITIES**
Contributions to meeting costs||**2024**
**£**
**Unrestricted**
1,500
7,500
0
6,000
3,000
5,000
200
1,000
3,000
55,000
10,000
2,000
20,000
1,000
0
40,000
0
1,030
0
0
196|**2024**
**£**
**Restricted**
0
0
0
0
0
0
0
0
0
0
0
0
0
0
44,447
0
0
0
0
6,479
0|
|---|---|---|---|
|||156,426||
|||0||
|||0||
11
**The Corporate Justice Coalition CIO** A Charitable Incorporated Organisation Reg. No. 1179102
## TRUSTEE REPORT AND ACCOUNTS FOR YEAR ENDED 30 APRIL 2024
## **Notes to the accounts (cont.)**
|**4. INVESTMENT INCOME**
Deposit account interest
**2024**
**£**
**5. EXPENDITURE ON CHARITABLE**
**ACTIVITIES**
**Unrestricted**
Staff costs (note 9)
89,120
Travel and accommodation costs
896
Partner meetings
0
Events and workshops
1,547
Research and publications
436
Political consultancy support
4,900
Communications support
4,140
Legal support
4,800
Website overhaul
640
Support costs (note 6)
5,866
Governance Costs (note 7)
150
112,495
**Unrestricted**
**6. SUPPORT COSTS**
Rent (hosting charge)
2,173
IT equipment and office supplies
90
Employers' liability insurance
628
Subscriptions and card fees
957
Website hosting and software
2,018
5,866
**7. GOVERNANCE COSTS**
**Unrestricted**
Board meeting costs
0
Independent examiner fees
150
150
**8. NET OUTGOING RESOURCES**
The Operating Surplus is stated after charging :-
Accountancy services
Independent Examiner fee
Trustee Emoluments|||**2024**
**£**
**Unrestricted**
89,120
896
0
1,547
436
4,900
4,140
4,800
640
5,866
150|**2024**
**£**
**1,278**
**2024**
**2024**
**£**
**£**
**Restricted**
**TOTAL**
39,385
**128,505**
0
**896**
429
**429**
7,200
**8,747**
870
**1,306**
0
**4,900**
0
**4,140**
0
**4,800**
0
**640**
1,979
**7,845**
0
**150**
49,863 **162,358**
**Restricted**
**TOTAL**
1,979
**4,152**
0
**90**
0
**628**
0
**957**
0
**2,018**
1,979
**7,845**
**Restricted**
**TOTAL**
0
**0**
0
**150**
0
**150**
**2024**
**£**
**490**
**150**
**0**||**2023**
**£**
422|
|---|---|---|---|---|---|---|
||||||**2023**
**£**
**TOTAL**
116,403
792
970
556
7,137
7,450
5,574
0
4,097
7,552
208|**2023**
**£**
**TOTAL**|
||||112,495||150,739||
||||**Unrestricted**
2,173
90
628
957
2,018|**Restricted**
1,979
0
0
0
0||**TOTAL**|
|||||||3,831
248
579
937
1957|
||||5,866|1,979||7,552|
|||**Unrestricted**
0
150||**Restricted**
0
0||**TOTAL**|
|||||||58
150|
|||150||0||208|
|||||||**2023**
**£**
2,460
150
0|
12
**The Corporate Justice Coalition CIO** A Charitable Incorporated Organisation Reg. No. 1179102
## TRUSTEE REPORT AND ACCOUNTS FOR YEAR ENDED 30 APRIL 2024
## **Notes to the accounts (cont.)**
|Gross Salaries
Employer's National Insurance Contributions (net of Employment Allowance)
Employer's pension contribution
Accountancy services - freelance
Other staff costs
**9. ANALYSIS OF STAFF COSTS, AND TRUSTEE REMUNERATION AND**
**EXPENSES**|**£**
**£**
**113,278**
101,035
**6,728**
5,968
**5,413**
4,939
**490**
2,460
**2,596**
2,001
**128,505**
116,403|
|---|---|
No employees received employee benefits exceeding £60,000 (2023 nil).
## Trustee remuneration and expenses
The trustees all give freely their time without any form of remuneration or other benefit in cash or in kind. No trustees received reimbursement of expenses during the year (2023 - nil).
## **10. STAFF NUMBERS**
The average monthly head count during the year was four (2023 - three )
## **11. PENSIONS**
Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The charity contribution is restricted to the contributions disclosed in note 8. The costs of the defined contribution scheme are included within expenditure on charitable activity costs.
The designated money purchase plan is managed by NEST. The plan invests the contributions made by the employee and employer in an investment fund to build up over the term of the plan. The pension fund is then converted into a pension upon the employee’s normal retirement age which is defined as when they are eligible for a state pension. The total expense ratio of the NEST plan is 0.3 % and this is deducted from the investment fund annually. The charity has no liability beyond making its contributions and paying across the deductions for the employee’s contributions.
|**12. DEBTORS**
Grants Receivable
Other debtors
**13. CREDITORS**
Credit card account
H M Revenue & Customs
Trade Creditors
Accruals|**2024**
**2023**
**£**
**£**
0
20,298
0
1,136
0
21,434
**2024**
**2023**
**£**
**£**
300
1,426
1,252
2,128
590
0
7,609
7,947
9,751
11,501|
|---|---|
## **14. POST BALANCE SHEET EVENTS**
There were no significant post balance sheet events.
## **15. CONTINGENT LIABILITIES**
As at 30 April 2024 there are no contingent liabilites. The contingent liability noted in 2023 is now considered to be resolved
13
**The Corporate Justice Coalition CIO** A Charitable Incorporated Organisation Reg. No. 1179102
## TRUSTEE REPORT AND ACCOUNTS FOR YEAR ENDED 30 APRIL 2024
## **Notes to the accounts (cont.)**
## **16. RELATED PARTIES**
There were no disclosable related party transactions during the year (2023 - none).
|**17. STATEMENT OF FUNDS**
Unrestricted funds
General funds
Restricted funds
ECCJ 2023 - campaign funding sub-grant
Contributions for meetings
Steelworkers - Challenging Corporate Power
**TOTAL FUNDS**|**Balance at 30**
**April 2023**
**Incoming**
**Resources**
**Resources**
**Expended**
**Transfers**
**between**
**funds**
**Balance at 30**
**April 2024**
**£**
**£**
**£**
**£**
**£**
100,789
157,704
112,495
0
145,998|
|---|---|
||100,789
157,704
112,495
0
145,998|
||0
6,479
6,479
0
0
0
4,000
4,000
0
0
0
44,447
39,384
0
5,063|
||0
54,926
49,863
0
5,063|
|||
||**100,789**
**212,630**
**162,358**
**0**
**151,061**|
Unrestricted funds are available to be spent for any of the purposes of the charity.
## **18. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|**18. ANALYSIS OF NET ASSETS BETWEEN FUNDS**|||||
|---|---|---|---|---|
||**General**
**Funds**|**Designated**
**Funds**|**Restricted**
**Funds**|**Total Funds**|
||**£**|**£**|**£**|**£**|
|Cash at bank and in hand|155,749|0|5,063|160,812|
|Other net assets /(liabilities)|(9,751)|0|0|(9,751)|
||145,998|0|5,063|151,061|
|**19. Comparative for the Statement of Financial Activities**|||||
|**Income**||**Unrestricted**|**Restricted**|**TOTAL 2023**|
|Donations||167,783|29,179|196,962|
|_Income from charitable activities:_||309|0|309|
|Investment income||422|0|422|
|**Total Income**||168,514|29,179|197,693|
|**Expenditure**|||||
|Costs of raising funds||0|0|0|
|Expenditure on Charitable activities||117,704|33,035|150,739|
|**Total expenditure**||117,704|33,035|150,739|
|**Net Income/(Expenditure)**||50,810|(3,856)|46,954|
|**RECONCILIATION OF FUNDS**|||||
|Total funds brought forward||49,979|3,856|53,835|
|**Total funds carried forward at 30 April 2023**||100,789|0|100,789|
14