Docusign Envelope ID: E5399DDB-480B-4545-8514-0F9BD45CAABB
Registered No. 1186528
The Miranda Brawn Diversity Leadership Foundation
Financial Statements
For the Year Ended 30 November 2024
Docusign Envelope ID: E5399DDB-480B-4545-8514-0F9BD45CAABB
The Miranda Brawn Diversity Leadership Foundation For the Year Ended 30 November 2024
| Contents | Page |
|---|---|
| Legal and Administrative Details | 1 |
| Trustees’ Annual Report | 2 - 3 |
| Receipts and Payments Account | 4 |
| Statement of Assets and Liabilities | 5 |
| Notes to the Financial Statements | 6 |
| Accountants’ Report | 7 |
Docusign Envelope ID: E5399DDB-480B-4545-8514-0F9BD45CAABB
The Miranda Brawn Diversity Leadership Foundation Legal and Administrative Details for the Year Ended 30 November 2024
Trustees
Dr Miranda Brawn (Chair) Mr Darren Allaway Mrs Tendai Wileman
Address
Suite 81 95 Mortimer Street London W1W 7GB
Legal Status
The Charity was formed as a Charitable Incorporated Organisation (CIO) on 22 November 2019 Charity Commission Registration No: 1186528
Bankers
TSB Bank Plc London Holborn 120 High Holborn London WC1V 6RD
Accountants
Peters, Elworthy & Moore Chartered Accountants Salisbury House Station Road Cambridge CB1 2LA
Website
www.tmbdlf.com
Page: 1
Docusign Envelope ID: E5399DDB-480B-4545-8514-0F9BD45CAABB
The Miranda Brawn Diversity Leadership Foundation Trustees’ Annual Report for the Year Ended 30 November 2024
The Trustees present their Annual Report and the financial statements for the year ended 30 November 2024. This report has been prepared in accordance with the provisions under section 133 of the Charities Act 2011 which allows for the preparation of Receipts and Payments accounts by CIO’s with income less than £250,000 and using guidelines made available by the Charity Commission. The CIO is therefore not required to follow the requirements of the Charity SORP (FRS 102) with regard to content and disclosure.
Objectives
The Miranda Brawn Diversity Leadership Foundation is a Charity focused on education, building self-confidence, career development and networking opportunities to uncover diverse talent from all social backgrounds with the potential for leadership success in the workplace. We design and deliver innovative educational, diversity leadership programmes and skills-building workshops.
The objects of the CIO are:
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To advance in life and help young people particularly but not exclusively from socially and/or economically disadvantaged communities for the public benefit by:
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A) Providing scholarships, work experience and mentoring programmes which are directed to developing skills capacities and capabilities to enable them to participate in society as mature and responsible individuals and so that they can compete in the job market on equal terms.
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B) Delivering talks and lectures to schools, colleges and universities to raise awareness among students about opportunities for success in their studies and future careers.
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The promotion of equality and diversity for the public benefit by: A) Advancing education and raising awareness in equality and diversity;
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B) Cultivating a sentiment in favour of equality and diversity.
Review of Activities and Financial Performance
During the period, the Trustees have borne in mind the Charity Commission guidance on the principles of public benefit.
It has been a challenging year for fundraising, but we have strong existing relationships spanning years and have been able to source new funding from other organisations and individuals in the form of cash donations. We have managed to reach thousands of young people this year at various schools and universities across the UK including holding our Miranda Brawn Diversity Leadership Annual Lecture Event at the University of Roehampton with other talks being held Oxford University and Cambridge University.
Page: 2
Docusign Envelope ID: E5399DDB-480B-4545-8514-0F9BD45CAABB
The Miranda Brawn Diversity Leadership Foundation Trustees’ Annual Report for the Year Ended 30 November 2024 (continued)
Financial Review
During the period the CIO received unrestricted income from donations of £22,250. Expenditure in the year amounted to £21,665 from unrestricted funds. This included £16,092 for 33 grants to individuals made in the year. As at 30 November 2024, unrestricted funds carried forward were £Nil and there were no restricted funds carried forward. The Trustees consider the CIO to be a going concern.
The Trustees are satisfied that the level of free cash funds, currently £2,915, is adequate to meet the objects of the CIO. The Trustees have decided that a reserve of £25,000 should be aimed for over the next few years. The Trustees will seek to increase the donation income with a focus on key collaborations alongside other organisations working toward the same mission.
Legal Status
The Miranda Brawn Diversity Leadership Foundation was incorporated in England and Wales as a Charitable Incorporated Organisation (CIO) on 22 November 2019 and is governed by its constitution. It is registered with the Charity Commission under number 1186528.
Appointment of Trustees
The Trustees who held office during the period were:
Dr Miranda Brawn (Chair) Mr Darren Allaway Mrs Tendai Wileman Mr Raj Panasar (resigned 15 October 2024) Mr John Bolodeoku (resigned 15 October 2024)
The Board of Trustees endeavours to appoint Trustees with necessary regard to the skills, knowledge and experience required for the post. New Trustees are made aware of their responsibilities under charity law.
Statement of Trustees’ Responsibilities
The Trustees are responsible for preparing the annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to Charities in England and Wales requires the Trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the CIO and of the incoming resources and application of resources of the CIO for that period. In preparing these financial statements, the trustees should follow best practice and:
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Select suitable accounting policies and then apply them consistently;
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Observe the methods and principles in the Charities SORP;
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Make judgements and estimates that are reasonable and prudent.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the CIO and which enable them to ascertain the financial position of the CIO and which enable them to ensure that the financial statements comply with the Charities Act 2011, supporting regulations and the Trust Deed. They are also responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees and signed on their behalf by:
…………………………………… Dr Miranda Brawn, Trustee
Date: 09 September 2025
Page: 3
Docusign Envelope ID: E5399DDB-480B-4545-8514-0F9BD45CAABB
The Miranda Brawn Diversity Leadership Foundation Receipts and Payments Account for the year ended 30 November 2024
| Receipts Donations Total receipts for year Payments Grants to individuals Printing, postage & stationery IT consumables Website development fees Marketing Accountancy fees Insurance Travel expenses Bank charges Other expenses Total payments for year Net receipts being net movement in funds Cash funds brought forward Cash funds at the year end |
2024 2024 2024 2023 2023 2023 Restricted Unrestricted Total Restricted Unrestricted Total £ £ £ £ £ £ - 22,250 22,250 - 21,667 21,667 |
|---|---|
| - 22,250 22,250 - 21,667 21,667 |
|
| - 16,092 16,092 3,500 28,420 31,920 - 1,324 1,324 - 487 487 - 254 254 - 479 479 - 235 235 - 257 257 - 2,193 2,193 - 1,334 1,334 - 1,380 1,380 - 1,320 1,320 - 96 96 - 96 96 - 88 88 - 379 379 - 3 3 - - - - - - |
|
| - 21,665 21,665 3,500 32,772 36,272 |
|
| - 585 585 (3,500) (11,105) (14,605) - 2,330 2,330 3,500 13,435 16,935 |
|
| - 2,915 2,915 - 2,330 2,330 |
Page: 4
Docusign Envelope ID: E5399DDB-480B-4545-8514-0F9BD45CAABB
The Miranda Brawn Diversity Leadership Foundation Statement of Assets and Liabilities for the year ended 30 November 2024
| Monetary Assets Cash at bank Cash funds at end of the period: Total Monetary Assets Non-monetary Assets Computer equipment (at cost) Total Non-monetary Assets Liabilities Accountancy fee Total Liabilities |
2024 2024 2024 2023 2023 2023 Restricted Unrestricted Total Restricted Unrestricted Total £ £ £ £ £ £ - 2,915 2,915 - 2,330 2,330 |
|---|---|
| - 2,915 2,915 - 2,330 2,330 |
|
| - 399 399 - 399 399 |
|
| - 399 399 - 399 399 |
|
| - 1,450 1,450 - 1,420 1,420 |
|
| - 1,450 1,450 - 1,420 1,420 |
Approved by the Trustees and signed on their behalf by:
…………………………………...
Dr Miranda Brawn, Trustee
Date: 09 September 2025
Page: 5
Docusign Envelope ID: E5399DDB-480B-4545-8514-0F9BD45CAABB
The Miranda Brawn Diversity Leadership Foundation Notes to the Financial Statements Year Ended 30 November 2024
1 Accounting Policies
The financial statements have been prepared under Section 133 of the Charities Act 2011 and in accordance with Charity Commission guidance.
Particular accounting policies adopted by the trustees are described below.
a) Income and Expenditure
Income and expenditure are accounted for on a receipts and payments basis.
Trustees’ Expenses
No trustees received any reimbursement of expenses in the year to 30 November 2024 (2023: £Nil) or had expenses paid directly to a third party on their behalf.
3 Related Party Transactions
During the year, donations were received from the employers of two of the trustees, amounting to £1,450. The trustees are the founders and CEOs of their respective employers. No benefits were received as a result of these donations, and no restrictions were placed on the use of those funds.
There were no other related party transactions during the year ended 30 November 2024 (2023: None).
4 Restricted Donations
There were no restricted donations received in the year.
Page: 6
Docusign Envelope ID: E5399DDB-480B-4545-8514-0F9BD45CAABB
The Miranda Brawn Diversity Leadership Foundation Accountants' Report to the Board of Trustees on the Unaudited Financial Statements for the year ended 30 November 2024
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the financial statements of the CIO which comprise the Statement of Receipts and Payments, Statement of Assets and Liabilities and the related notes from the CIO’s accounting records and from information and explanations you have given us.
As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulations.
This report is made solely to you in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the CIO’s financial statements and state those matters that we have agreed to state to you in this report in accordance with the guidance of ICAEW as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the CIO and the charity’s Board of Trustees, as a body, for our work or for this report.
You have approved the financial statements for the year ended 30 November 2024 and have acknowledged your responsibility for them, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for their compilation. You consider that the CIO is exempt from the statutory audit requirement for the year.
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
PETERS, ELWORTHY & MOORE
Chartered Accountants
Salisbury House Station Road Cambridge CB1 2LA
Date: 15 September 2025
Page: 7