Chaiity registration number 1180339 PRESS RED CIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2024 TveeAccountaKy Limited Chartered certifi Accountants 3rd Floor Eastgate Casue Streel CastlefIeld lanchester PA3 4LZ
PRESS RED CIO CONTENTS Page Trustees report Independent examinevs report Statement of financial acliirities Balance sheel Notes lo the financFal statements 7-15
PRESS RED CIO LEGAL AND ADMINISTRATIVE INFORMATION Trustees T Napper M ithite G Hall LNwman Y Grlffilhs S Ward M Wlson (Resigned 23 Marth 2023) (Resigned 8 January 20241 Chalr T Napper Senlor management MButh Operalions dlrector Charity number 1180339 Prlnclpal address The Message Trust Lan¢asler House Harper Road Sharslon IrwJusknalArea Manchester M22 4RG Independent eknminer Tree ACCnIanGY Mited Chartered Cerbfied A¢<¥#unlants 3rd Floor. Eastgate Casue Street Casllefield M3 4LZ
PRESS RED CIO TRUSTEES REPORT FOR THE YEAR ENDED 28 FEBRUARY 2024 Thg IrustFes Ffesenl iheir annual report logelherwlh Ihe finandal statements for Ihe yearended 28 Febnjary 2024. The finand81 slalements have been prepaTed in accordance with the accounting policies set out in note 1 to the financial slalemenls and comply with Ihe charity's goveming documenL the CharitiesAct 20118nd 'Attoundng and Repong by Charibes.. Slatement of Recommended Praclice applicable to charitses preparing their accounts in a¢xord3nce wllh the Fin8nci81 Reportrng Standd applicable In the UK and Republic of Ireland IFRS 102)" (effective l January 2019). Objectives and activities The object of the CIO is the promotion in actr)rdan vllth chrisb.an principles and frjr the public benefit of freedom from violence and abuse against women and girf3 in parlar. but not exdusively, by la) running awarpne5S-raising and educabonal programmes and events.. {b) signposting affwxed iftdividuals io sources of help-, Ic) providing encouragemenl and a platform for charibes and oryanisations already Working in these a3$., artd Idl highlighting opporiunilies and providlng tralnlng for Indiwdualsto kke actw. Press Red is a UK-based CIO wth Ihe expressed aim of luming off the silence around Violen against women and glrts. Press Red works th people of all frdilh$ or none. eduGaDng. equipwng. and empowering on the issues of violence and abuse against women and girls. We make pegple awaie of the ir)justices which are happening both worldwlde 8nd on our doorstep. providing them with ihe too15 and resource5 they need to make a difference. We zre a lorce for change. 18ading a movement of people. djurches. and organisations who iefuse lo acp1 the 51alu5 quo. and are committpd lo helping bring hope and healing inlo haming situations. We do this because we beligve thal11 Is unacceptsble that any woman orchild is abused. Public benefrt The INstees confimi that they have complied thg requirements of sectk)n 17 01 the Charilies Act 201110 have due reg¥rd lo the public benefrt guidan published by thp Charity Commission for England and Wales. ObjaetiV•S, 5ts3tegies andactivilies During the year. Press Red executed acti¥iti¢s awss ils 4 key programmes. delivering these to groups in d)urches. Workpla5, schools and youth groups. For èath of these programmes ihere has been training provided lo those who deliverlhe cJJur$eslevents 8n(J Ihe supporting rrwterials have been enhanced and updated. GRID Leadership Breakfasts are 'in-person' events tv engage dwrch. business and local publio sector leaders lo Infomi on Issues such as domeslio 8buse. FGM, li9u3 perSwjJn of women and thild marriage. School Lesson Programme supports the PSHE curriculum in secondary 5choo15 and sixth fom7 coIIBges by presenting lessons ihiough the medium of musi& Shared 51orie5 and parbapatory exercises. This deliver5 oulcolnes that contribule towards keeping pupils safe and raising awareness of good, wholesome and positive ftiendships. self-worth and value. Mongsde il helps pupils recognise unwhglesome and potential abusive atts'ludes, behaviours and relallonships wlh practi1 steps to avoHI and prevent suth 51tuab"on& Control is a powerful dramatssation th81 challenge5 one's understanding of thè fom15 of dom85bc abuse and 115 prevalenG9 in society. As part of the Press Red's activilies to raise awareness of wolence and abuse. this help5 peoFIB lo Ihink through the issues and aach production also indudes a Q&A time that promotes open dlscussion 8n(J opportunity for concems to be voiced. Disruplor is a bystander intervention programme delivered through a hybrid onllneldassroom course. It equips people lo know how lo respond to stluations where there is abuse occurrtng, to recognise sesM in different social and wwk settings, and to provide the necessary lools and skllts lo positively challenge antl 'spe8k up, In siiuallons they encounter. This progiamme has been deveh¥ed in partnership with Exeter Universfty and the material presenled is used under linCe frDm Ihem. Press Red has run social media campaigns as a key tool in ntinuIng to challenge the silence cfi matters of olence and atr4Jse against women and Press Red aclively uses these thannels to reach a Mde audienre.
PRESS RED CIO TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2024 Flnanclal r8view The chanly has a surplus for thg year of £8.658 [223 defi(it £21,432). Al the balance Sheet date the charity h8d restricted reseNe5 of1£8621 (2022123 £740} and unrestrided reserves of £17,29812022r23 £7.038). Golng ¢oncern The charity has been fu11y-opefalial through Ihe ygar Ihe challenging enwronmenl for oblaining funding is cOnnuing and makes longer term planning more drfficulL Individual donatiDns have generally remained steady bul the abilty and proces5 10 5ecJJre grants has remained slow throughout the year. Whilst thls appears to be rellecied across the sector. it has led to the continued tight conlrol on expendilure and keeping the core operaltng costs to a minimum. The main operational activitie5 continue lo be handled by the Operats"on$ Director who is worklng ot7 a contract basis. Resenf8spoli¢y Press Red acknowledges that. in order lo inuease its resilien¢¢ against unexpected events, it is appropriate and pnjdenl for il to retain a certain am¢)unt of finanaal reserves. 11 is therefore the p0cY of Press Red lo keep approximately one month's runnlng cosis in reserves to o)ver unforeseen emergencAes. Thls amount wll be l¢ulaled based on Press Red's total predieted expendiiure over the rest of Ihe budyelary year (excluding any variable Outgoings). As of the dale of this policy. no 5tep5 need lo be taken to achieve this level of reserve5. Thls policy will be reviewed on an annual basLs. Funds In d•fKit At the balance sheet date the leSld funds are in defic Principal funding sources The Principal sources offunding are from dIdual8 grants. Structure. govemance and management Nature of govemlng documènt The charity 15 a Charitable Incoryjorated Organisabon and ig 9)vemed by ts ConsUtuilon. The charity wa6 reglslered with the Charity Commlssion on 16 Odober 2018. Recruilment and appointment of truslees Apart from the fir61 charity trustees. every trustee must ke appointed for a temi ol three years by a resolullon ssed at a properly convened meettng of the charity truslees. Tnjslees are able lo serve more than one term. In selecting Indlvlduals lor appointhienl as chaiity tnjstees. the charity trustees must have regard to thp skills. knowledge and experience needed for the effectwe administration of the CIO. Organisailonalstructurn The final defisions for the charity lay vAlh the trustees. the day 10 day operatlons aro wlh ihe CEO who dBleyales to the staff. Any major deosions. such as staff, financial, legal are laken by Ihe CEO to the Trustees. Indu¢tlon and tKalnlng of tntstees During ihe reporting period the inJslee$ were kept up lo date 8s their obligations with releren¢è to the Charity Commission guidance on public benefit. No new truslees were appointed during the year. and tLVO 12) trustees resigned. Arrangements for sètting key manag•m•nt pavsonnel remuneration This is done by tha trustees in accordance wth govemment standards. Flnanclal instruments Objectives and pollcles The charity has basic financial inSlrumen At pre5er we do not feel Ihat there is unreasonable risk to the Drganisatson or r(s structure.
PRESS RED CIO TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2024 Slatoment of Int> rnsponslbllilies trustees arg f89pone fcf pparing the IDJ51eeg report and the finKaal stalèments in ac£gJidance the Uniled lfjngthm ArUnting Standards (UAled Gener81ty Attepted ALwJnb"ng Prnccel and appli<¥t4e 8nd regulauons. The law appficable to charÈb45 reiS th8 trustees lo weparo finandal Slalanents lor eath financi81 year Yich QN9 a iwe and fair vSew of the state of affairs of the dJ¥ity arKI of Ihe irKoffling resc4CeS and applicalton of resource5 Qlthe chadty forthal pericJ. In parIrrfJ Ihese finanual statements. the truslee5 are required lo: • 8elect wlable acl1n9 Fdrdes arKI then appty ttEm nsI•,. * obseNe tho rnethod$ aNJ wini>pks in the ChJilies SORP: . makejudgements and e5tvnales Ihat are reasble arKI pnthrt stalé whetherappllcable acuuntriy Sta#[d$ have been fdlowed, 5ul4ed to any materfal deparlum thsdosed expjarned in the finaal slalemenb: and . prepare the finanual statements ¢)n the 9c¥ng Conce basi5 unlgss il is th)appwi to preswne that the drffy wlll conlKiue Ni tyJsEnes& The inJstee8 are responsli Jle for WiThJ proper a(xwntsvJ reoyds that di8dose Vllh ai 8ry time Ihe ffinanCi postion of the thaity and enatye to SUre Ihat the financial staterrnnts )mplY with tr Char(bes Ad 2011. the al¢able chareS IAco>Jnts and Repts) Regulations. and the wovrsions of the )n3bfution. The truslees a also respowble for saf¥d11 the assets of Ihe dtsrfty aThJ hence for tskty reasonable steps for the preventica and detecti of fraud othw iffegularthes. The tW8lees rewtwds ap tythe 8owd ofTn T Napper Chalr and Trusteg l.L4 .L¥.12og.¥
PRESS RED CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PRESS RED CIO I p(¥t to the trustees on rny examination of Ihe financ4al ststemenls ol Press Red CIO (the charrty) for the year ended 28 Fgbruary 2024 whith are $8t oul on pages 5 to 15. Responsibilities and basis of report As the Iru5tees of the charity you are responsible for the preparatw)n of the financial slalements in accordance with the requirements of the Charitles Act 2011 Ilhe 2011 A¢fJ. I report in respect of my examirÈalton of the charity's financial 51at8ments carried oul under section 145 of Ihe 2011 Act. In carrying out my examinalion I have followed all the appCable Direthons given by the Charity Commission under seclion 145(5)OJl of the 2011 Acl. Independent examinerfs statement Your allpnlion is drawn to the fact that the charity has prepared finaT[al statements in accordance wlh Accounting and Reporting by Charilies preparing Iheir a¢nIS in accordance wtth the Finandal Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 in pferen12 to theAceiiunting and Reporting by Charities- Slalernenl of Recommended Practice issued on 1 April 200S whith is referred to in the extant reguEalions bul has now been withdrawn. l understand Ih81 this has been done in or(ler for finano¥al statements to promde a true and fair wew in accordance with GenerallyAccepted AuntIng Pra¢Xice effedive for reporting periods beglnnlng on or aftei 1 January 2015. I have CDMeted my examinab"on. I rfIrM thal no matters have come to my attention in connedion with the examination gNing me cause lo befieve that in any material respect.. accounting records were not kept in respect of Ihe charity as requi(1 by section 130 of the 2011 Act; or Ihe financial statemen15 do not accord wlh Ihose records- or Ihe finanaal slalemenls do not comply with Ihe applicable requremenls 0)MIng Ihe form aftd tont&nl of accounts set out in the Charitses (Accounts and Reports) Regulations 2006 other than any requirement that the accounts glve a true and (alr view whlch Is not a matter consldered as part of an independent examination. I have no cone£ms and have come 8uoss no other m8tters in ¢onneclion wth the eyaminab.on ID which attention should be drawn in this report In order lo enable a proper understsnding ofthe nancIal statements to be reached. Nicholas Hynes FCCA Tree Accountancy Limited Chartered CerlthedA¢countants 3rd Floor, Eastgale C8sde Street Casuefield M3 4LZ Dated: ..l.¢a
PRESS RED CIO STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 28 FEBRUARY2024 Unrestricted Restricted funds funds 2024 2014 Total Unrestiicted Restrictsd funds funds 2023 2023 Total 2024 2023 Notes Incomo from: Donallons and legacles Charilat4e aclfvittes 33,416 10.WO 43.416 43,997 17,418 43,997 17,416 Total income 34.3 10.(TrJO 44.396 61.415 61.415 Gharflable acuvilles 24,136 11,602 35,738 62,050 20,797 82,847 Net ineomellexpenditure) 10.260 {1.602) 8.658 (635) 120,79n 121,432) Tf3nsfers beiween Jnds 11.$501 1.550 Net mov•m•nt In fvnds 10.260 11.602) 12.1851 (19.2471 21,4321 Reconcillation of funds: Fund balances al l March 2023 7,038 740 9,223 19.987 29,210 Funfl balances at 28 February 2024 17,298 16,436 7,038 740 7,778 The 5tstement of finanal ath"vrtie5 ndudes all gains aTrJ losses reu)gnised kn the year. All income and expenditure derive from conllnulng acti¥ilie$.
PRESS RED CIO BALANCE SHEEr AS AT 28 FEBRUAR Y2024 2024 2023 Currnnt ass•ts Debtors Cash at bwk 8fKI in hand 218 18.618 218 Credito. amounts Falllng d47th1n ong yoar 18.836 10 8.978 2.4tKI 1.2Q) Nei rrent¥3s81s 1&438 7.778 Tho funds vfthe charity RestrT(ed Jnds Unrestrb#ed fvnds 12 (8&21 17.298 740 7.038 16.436 7,T18 The finawal stalements apwoved by the tsusteoscm..al. . T Napper CIMtrand Trust8e
PRESS RED CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY2024 Accounting policies 1.1 A¢¢ounttng Conventlon The finandal Statements have been prepared in aixordance wtth ihe thartty's Accounting and Rewrting by Charities. the Charilies Ac# 2011. FRS 102 -The Financial Reporttng Standard 8pplScable in the UK and Republic of Ireland. I'FRS 1021 and the Charities SORP"Accounting and Repurting by CharSttes.' Stalemenl of Recommended Pradice applicable lo charities preparing their accounts in accordance with the Financiaj Reporbng Standard applScable in the UK and Republic of Ireland (FRS 1021" (effeclSve 1 January 2019). The charity is a Publio Benefrt Enlity as defined by FRS 102. The charity ha5 taken a(Ivanlage of the provisions in the SORP for chariltes nol lo prepare a Statement of Cash Flows. The financial statements have departed from the Chaiibes (Accounts and Reports) Regulallons 2(MJ8 only lo the Èxtent required lo provtde a tnEe and fair view. This departure has involved fouowng the Statement of Recornmended Practice for charities apPIng FRS 102 rather than the version of the Stalemenl of Recommended Pratxlce whith is referd to in Regulations but vthich has since been wilhdrawn. The finand81 statements are prepared in sterling, whith Is the functional c#Jrrency of the charity. Monetary amounts in thgse financ4al slatemenis are iDunded to the nearesl £. The financ4al statements have been preparèd under Ihe htthrical cost convention. The prinapal acrDunling poliiies adopted are set oul below. 11 Golng ncern At Ihe time of appwng ttie financial slaterr*nts. the tnjslees have a reasonable expectation th81 Ihg ¢harKy has adequale resources to continue in Dperational existence for the loreseeable fijture. Thus the tru51ees continue la adopt the going concern basis of accounting in prepaiing the finanal staiements. 1.3 Charltsble funds Unrestrided fvnds are available for use at the discretion of the truslees in fullherance of Iheir charitabl& obj9¢11ves. Reslrided funds are subject to specafic CondiD(S by donors or grantors as lo how they may be used. The puipose5 and uses of the restricted funds are set oui in lh9 notes io the fln8nal slatements. Endowment funds are subject to specffic c•)n(Illlon5 by dOrS Ihat the capital rnu51 be mainlalned by the charity. 1A Income Volunlary income Induding donatfons. gifts. legacies and grants that providè CO funding or a of a general n81ure 15 recognrsed when the charity has entiuement to the rncome. it is probablè Ihat the income will be receiv9d 8nd the omount can be measured with sufficient rellabll ity. Cash donations are recognised on ieceipL Othei donallons are reccsnised once thp charity has been notifled of the donalion. unless performance condilions require deferral of Ihe amount. Income tax recoverable in rejalion lo donations receiveil under GrfiAld or deeds of covenant is recognised at the time of Ihe donation. LegacAes a recognised on receipt tr othenyise rf the tharfty has been notified of an impending di51ributton, the amount is known. and receipt Is expected. If the amount is not known, the legacy is treated as 8 ¢)Jntingent assel. Grants are reoognlsed when the tharity has an entitlernent lo the funds and any condillons linked lo the grnnts have been met. whe performant% condlllons are att8ched lo thp grant and are yel lo be mel. the Income is recognised as a liability and induded on Ihe balance sheet as deferred income to be released.
PRESS RED CIO NOTES TO THE FINANCIAL sTATEMEPs (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2024 Accounting poliGies (Continuedl 1.6 Expendlture Expenditu Is cognIsed once there is a legal or constructive obligation to transfer ÈCDnomic beneffil to 8 third party, (( 1$ probab]e Ihal a transfer of economlc benefits 11 be required in settlement. and the amount of the obligation can be measurEd reliably. Expenditure is dassif19d by acliwty. The costs of each acbvity are made up of the totsl ol direth $1S an(F shared costs, induding support cos15 involved in undertaknng eath acbwty. Direct costs attributable lo a single act5lY are allc¢ated diredty to that actmty. Shared costs which contribute ta more than one acb.vty and support eosts which are not atribulable to a single a¢JJth ale apportloned between those activities on a basis consistent wilh the use of resources. Central staff costs are allocated on the basi5 of tim& spenl, and Ilepreclauon charges a allocated on the portton of the asset'5 use. Support costs Support costs indude cenlral funcllons and have been allocated to adivity cost categories on a bas13 conslstent with the use of rÈ5ources, for example, allocati1 propeity costs by Iloor areas, or per capital, staff costs by Ilme SnI and other costs by their usage. Chwitable activifyes Charitable expenditure comprises Ihose costs Inrred by the chaY In Ihe delNery of its aclNtties and services for its beneficiarie& It inrludes both costs that can be allocated drectly to such activities and Ihosg costs ol an indliefA nattjre nece53ary to support them. Governance Govgman¢x GDSts incjude the costs atlribulable lo the 4arity's compliance with constiluttonal and Siul0ry requirements. induding audi( stregic management and trusleE'S meeting and reimbursed expenses. 1.6 Tangible flx8d as$ets Tangible fed assets 8re inlllally measured al cost aThl 5ubsequenty measured al cost or Yaluallon, net of depreualion and any impairment losses. Deprect8llon Is re¢ogni5ed so os lo write off the cost or walualion of 8ssel$ less Iheir residual values over their useful lives on the follong bases-. Fixiures and ffttlngs 3 year straght line The gain or1055 arising on the disposal of an asset is delennined as the differertce bets¥een the sale proceeds and the carrying value of the asset. and is recognised in the slatement of financial activities. 1.7 Cash and cash equival&nts Cash and cash equivalenls indude cash in hwd. deposlls held 81 I11 wlth banks. other short-lemi liquid investments with original malurilies of three month5 w less. and bank overdrafts. Bank overdtafts are Shown within boffowlngs in Current liabilities. Financial instNments The charity has elected lo appty the pr1$ton$ of Secllon 11 '8aslc Flnanaal Instruments. and Section 12 'OtheT Finanaal Instruments Issues, of FRS 102 to al of its financial instruments. Finano31 instrurnents are recognised in the charivs balance sheel when the d)arfty beMeS party lo the contractu81 promsions of the inslwmenL Financial assets and liabtlities are offset, with the net amounts presented in thè finanoal slalpmenls, when there Is a legally enforceable right to sel off Ihe recognised amounts Bnd there is an intsnb.on lo settle on a net basis orto realis8 the asset and settle Ihe liability simuliangously.
PRESS RED CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2024 Accounting policies (Continuedl Basie financiala55ets Basic financial as5e15. which indud& debtors and cash and bank balances. are in1lial measured at tr8ns8dion price induding transaclion costs and zre 5ubsequendy caNied al amortised cost using the effectlve Interest method unless the arrangemenl constrtules a finanung transaction. where the Iran5action is measured at the presenl value of the future CeIpts discounted at a martet wale of interest. Financial assets dasslfied as re1vable within one year are not Zmortised. Basic financial liabilities Basic financi liabilities. indudlNJ creditors and bank loans are initially reeognised al transaction pric& unless the arrangement constitute5 a finanang tr3ns8dion, where Ihe debt instrument is measured al Ihe pre3enl value of the future payment5 discounted al a maiket rale of inlerest. Finanual liabil9$ classified as payable thin one year are nol amfmtised. Debt inslrumenls S subseqvenuy carried at arnoitised cost, using the effective inlerosl ralo method. Trade cTedilors are obligalions to pay fw goods or semces that have been acquid in the Ordinary course of operations from suppliers. Amounls payable are dassÉfted as current kbilities if paymènt is due wthin ong year or less. If nol. they are presented as nOrent Ilabilities. Trade ueditors 8rÈ recognised initially Ir4nsaction price and sub5pquently measured al amoJ1ised cost using the effective interest method. 1.9 Taxauon The charity Is considered lo pass the iests set oul in Paragraph 1 Schedule 6 01 Ihe Finance Act 2010 and Iherefore il meets the definibon of a charitsble company for UK Corpor811 tsx purposes. Accordingly. the charity is potentially exempl from iaxation in respect of incorne 01 pIlar gains received wilhln categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation ol Charg8abl Gain5 Act 1992. to the exlenl Ihat suth income or galns are applied exclusively io charitable purpose& 1.10 Employee benefits The o)st of any unused holiday enlltlement is recognised n the pwiod in which the employee's servtces are received. Temiinalion beneflts are recognised immedialety as an expense when Ihe charity is demon51rabty committed to tominale the employmènt of an employee or lo prode lemiinalion beneffts. 1.11 Retlrgment benefits Payments lo defined contsibulion retirement beneft sthemes are charged as an èxpense as ihey fall due. Income from donation5 and legaci8s Unrestricted Restrlcted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Donations and gifts Grants 11.416 22.C(Kl 11.416 32.0 42.497 1,5(>J 42,497 1,500 10.LhJO 33.416 10.000 43,416 43,997 43.997
PRESS RED CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2024 Income from donations and legacies (Continued) Unrestrlctsd Restrl¢ted funds fvnds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Totsl 2024 2023 Donations and gift5 Donations Gia aid reclaimed Regular giving 6,681 574 4.1 61 6.681 574 4,161 20,348 4.884 17.265 20,348 4.884 17.265 11,416 11,416 42.497 42.497 Expgndlturn on charftabl• actlvltle$ Support costs 2024 Support costs 2023 Direct costs Staff cosls DeprecAation and impainnent Telephone Insurance CM3uttanvJ DDnor relatiDns Project rnanagement soal medla Head of volunlgers Admin Chief execyjtive Oiher resources Computer Atxounlancy 90 56,238 58 145 96 2.423 5,940 11.153 132 179 2.382 202 562 1,415 1.922 513 218 24,737 8.202 272 1.250 35.738 82,847 Analysis by fvnd Unreslricted funds Resiricted funds 24,136 11,602 82,050 20.797 35,738 82,847 10-
PRESS RED CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUAR Y 2024 Net movement in fund 2024 2023 Net movgment in funds Is slated after chaoingl(crediting) Fee5 payable for the Independenl review of the fmanL¥al $talements Depreciation ol ovmed tangible fixed assets 1.21x1 1.21XJ 58 Trustees None of the tN91ees (or any persons connected wth Ihem) received any remuneration or benefits from the charity during Ihe year. Employees The average monthly numberof ernOYeeS during the yearvrn5: 2024 Number 2023 Numb•r Employment ¢osts 2024 2023 Wages and salaries Other pension costs 55,260 978 90 90 56,238 1 (2023- 1) of the above employees parliripated in the tlefined Contribution Pension S(*emes. Gonlribulions to the employee pengon sthemgs for the year totalled £90 (2023- £9781. wtlh the exceptson of Ihe Chid Exe(xrtÉve and Head of Vdunteers the charity used consullanls lo perfom the Nnning of Ihe charity. There were no employees whose annual wemuneradon was more Ihan £60.DOO. Taxation The chgrfty Is exempt from tsxalion on its ac11lIeS because all its income is applied for tharttable purposes. 11
PRESS RED CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2024 Tangible fixed assets Flxtur6s an Illng$ Cost Al 1 M8rch 2023 1,276 Al 28 February 2024 1.276 Depre¢latlon and Impalrnient At 1 hdarch 2023 1.276 At 28 February 2024 1.276 Garrylng amount At 28 February 2024 Debtors 2024 2023 Amounts falling due within one yer. Olher debtors 218 218 10 Cmditors: amounts falling qlue wlthln one year 2024 2023 AccnJal3 and deferred income 2,400 1,200 11 Retirement ben•fft schemes 2024 2023 Dgflned contribution schenws Charge to profil or103s In respect of defined ¢xnldbullon schemes 90 978 The charity opgratgs a dered ntribUtion pens*)n scheme lor all qualrfw.ng employees. The assets of the Scheme are held separalety from those of the charity in an independenlty admlntslered fund. 12-
PRESS RED CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2024 12 Restricted funds The reslrlcted funds of the tharity rnmprise the unexpended balances of donations and grants held on trus1 subject lo specrfic condibon5 by donor5 a5 lo hDW they may be used. At 1 Maroh 2023 comlng SoyeS Resources expended Trnn$f¢rs At28 February 2024 (20.057) 20.797 10.OUU (11.602) (21.6591 20.797 Rank Grant 740 lo.0) (11.60¥ (8621 Previous year: At 1 March 202Z kneoming resources Resources expended TrnMlev¥ At28 F•brnary 2023 Control GRID Schools Worf( Rank Grant Granl re CE (2.291) 3.311 40 18.227 700 2,291 13,3111 (20.7971 2.570 700 19.987 (20,797} 1.550 740 13 Unrestricted funds Tho unrestricted funds of the charity comprise the unexpended balances of donation5 and granls which are not subject to specific condrtlcS by donors and gr8nlors 8S to how they may be used. These indude deslgnaled funds which have been set aside out of unrestricted funds by the twstsas for specific purposes. At 1 March Incoming 2023 resouKes Resourtt$ expendgd Transfers A128 February 2024 Control Schools Disruptor Grid terature General funds 680 10.542 4.230 86 1.080 (9.580) 10,K12 4,578 86 1,352 1300) 272 33.416 (24,1361 7.038 (24.138} 17,298 13-
PRESS RED CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2024 13 Unrestricted funds (Continuèd) PYevlou8 year: Al l March 2022 Incoming Resources resources expended Trnn5fe At28 Fobruary 2023 Control Schools Disruptor Grid Llterature General funds 680 10,542 4,230 86 1.080 (9,580) 10.542 1.080 44.797 9.223 (62,050) 11,5501 9.223 61.415 {62,050) 11.5501 7,038 The specific pose$ forwhlch Ihe funds are to be applied are as follow5.. Control is a hard hiitlng drama about a Uple kn an abusive relationshtp. 11 tharts Ihe course of their relalSonship and shows how co8ve )ntrOl begin5 and grows. Atong wilh the drama we have Fersonnel present who can debrief and help anyone for whom il raises personal i55ues. GRID is a breakfast evenl for leaders introduang them to variDus forms of alyjse against WDmen. The aim is to raise awareness thal Ihis happens and start a conversalion in the beeen Ihem about how they Gan respond. Schoob is going into schools to educate students about violence against women. This can take many forms, both in the schools and meeting with glrfs who the school has Ideified as being espeaally vulnerable t abusive relalionships. Rank grant Is for Ihe paymeni olthe CEO salary. The CEO salary 15 covered for a period of three years. Grant is for the purchase DI equipmenl. This 13 for tablets conneLYed to Ihe GRID breakfasts. to use for VIeng Mdeos In small gTOUPS. Literature involves selling books Ihat address vlolence and abuse against women and girts (VAWG) at 115 events. These are publldy avwl8ble published book5 authoTr with experience in thi5 field. General funds covers core Gosts (admin. managemenl. expenses. hosting trainings and 9vents, safeguarding, insurance. IT elc) and all other costs not funded through r851rÉcted lund income. 14 Analysis of net assets between funds Unrestricted lunds 2024 Restrlcted funds 2024 Total 2024 At 28 February 2024: Current assetsllliabflilies) 17.296 1862) 16.436 17,298 {B62) 16.436 14-
PRESS RED CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2024 14 Analysls ot net assets between funds Icontinued) UnTr5tricted Restricted funds funds 2023 2023 Totsl 2023 At 28 F8bruary 2023: Current assetslffiabdities) 7,038 740 7.778 740 7,778 15 Relatsd party trdnsaclions The were no disdosable relaled party ITansadions the year12023- none). 15-