REGISTERED CIIARITY NUMBER: 1192516 Report of th¢ Trustees and UDaudlted FlnAnetsl St#t•n¢#ts for the Year End•d 31 J4nury 2023 for Sollnddellvery Med52 4 C¢dar Park Cobham Road Ferndown Jndustriaj Estate w1￿born¢ BH217SF **Sounddelivery Media** ## **Contents of the Financial Statements for the Year Ended 31 January 2023** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|13| |**Independent Examiner's Report**||14|| |**Statement of Financial Activities**||15|| |**Balance Sheet**||16|| |**Notes to the Financial Statements**|17|to|23| Soundddivery Media Rep)rt of tbe Trustees for the Year Ended 31 2023 The tn]str¢5 present th¢ir report with th¢ fttsatt¢io1 ststalleTkts of the chan.ry for th¢ year endgj 31 Jattuary 2023. The trustees have adopted the provisioTJs of Accounting and RctKTrrtin8 by Charities: Ststernent of Recommended Practice applicable to ariti¢s preparing their account$ in ¥¢ordan¢e with th¢ FÉDancial Reporting Statsdard appli¢abl¢ in thc UK and Republic of treland (FRS 102) (¢fftttive l January 2019). Chair's report Soundd¢liv¢ry Media continues to an)plify liv¢d ¢xp¢ri¢n¢¢ stories and expertise to address social inequalities. We are proud to work alon8side people 2nd organisLtioDS to develop their conf￿enCe, skills and platfornjs to us¢ th¢ir expertis¢ to influeJ¢e social changc. Th¢ Board ha5 streTrgthen¢d its governance procedllres attd pro¢esses, ¢nabling gr¢at¢r ov¢r5ight and accountability. We w¢lcomed three rJ¢w t￿￿5 thi5 year which brought t greater range of experiettce to ￿p￿rt the work of Soundd¢livcry m￿1& both Darren MuriD&S. CEO of Expert CitiZ¢nS and CrdAg Jones MBE. Exccutive Chair. FightiDg Thryth Pride were patripants in Sounddelivery Media's spokespersot) network traitiing, with Sylvi¢ Carlos bringing Tnedia ¢xp£rti5e. Our increascd in size over the year, with three ts¢w appoinkn¢rtty ¢rn¢ially goitig 00 to d¢liv¢r y¢t another 5UW¢5sful Sp)k¢sp¢wn N¢twork - 14 additiolla] cotnmurrity leaders wert supporred via our eight-month traini￿g prngranj￿e. enthling them to be eonfidettt anjplifying their own experiences USiDg their eXpe￿Se directly to influen¢¢ poli¢y attd pradi¢e. This n¢w ¢ohort of Spoknper50lls w¢r¢ able to broad¢n their oThryJ network of contacts by workin8 aion8si(k the alumni of Ourprevio￿$PrOgratt]￿e8. lo support of the Spokesperson N¢twts￿, w¢ hav¢ ¢xt¢Dded ovr sub5tanli31 ¢ohi)rt of tn¢4Jia GontAc4 v4ho w¢ hav¢ work¢d W5th to ensure EDedi& stories are more representative of the society we live ?n. We developed t conm]uJiry of practiee. $upporrin8 knowl¢dg¢ ¢x¢haDg¢ a¢ross rom￿Ullity lead￿$ aTh55 the s¢rtor, aTDpIAfyiug good pr4ctic¢ aud grAt¢r r￿rESentati¢)ry. Alongside the Spokesperson Nettvort we have also provided other wod(shrys and events - ID total. we bave traioed 160 individuals from a]Enosi IIM) civil society orgaTiisatiots$. We worked a]QThgsid¢ our fund¢rs to eDsure that the work meets their ¢xpe¢tations and. critically. ￿ Ilave fOrn￿lty appraised the itnpact of our work with th¢ support of an ¢xt¢rJJal ¢valuator. Ithldng Ahud At the SWL of our third year. we wer¢ awaTd¢d Ba¢kbon¢ Futtding from Paul Harnjyn Foundation. This JOng-te￿ c￿e funding will allow us tt) forus Gompl¢tely on our longer t¢rnl aim5 - fwidaTu¢ntally, to ¢nsur¢ w¢ a fillallciauy s￿]nable 0[￿nisation. We continue to have more dtT12and than we can presently cater for - to this end. it will bc vitsl for us to increase our apacity for PTogramm¢ delivery andth¢ ￿ckbone fimding will give u5 the fl¢xibility to d¢liv¢r this, whil# a]$0 bjvthrting OUT range of f¢mdtng so￿￿￿$. Over the cow$e of this next year, we will look to forn￿1]Se our reserves rrfjlicy and a￿)ciated fundin& as part of ouroverall S￿]nab]lity. Emma H#rrÉsou, Chair Sounddellvery Medl PAg¢ I Sounddellvery Medla Report of the Trnstees for the Year Ettded 31 J2nu#ry 2023 Dlr¢¢tor'J Report "I don't think people realise that the thing that makes u5 vulnerabl¢ is the fact that no one listens to us. As 500n as somemJ¢ starts to listen, you gain strength in your own vosce." Jan Cunliffe. Co-founder. JENGbA When the world around u5 5¢wn$ ¢haoti¢ attd wijust, what gives me hope 15 the unw3v¢ring ¢OTnJnitnettt at)d dedication of the peopl¢ we work who are using their personal ¢xperi¢nr¢s, often rooted in trauma and socia] injustice to create a fairer, more equitabl¢ so¢i¢ty for their ¢oJTr)tnurrities. They show $trength iti the face of chailell8es that DUY seern irtsumountable. where systetDS have failed thetn. A5 aJli¢s we hay¢ an importattt rol¢ to step up to provide the trainillg and support they need to be listened to aJd to be able to tske actiott. It's Dot a role I take for grapt¢d or lightly. It cornes wiib a huge r¢spoDsibility. Be￿g abl¢ to lead this iDcredible charity i5 a privil¢B¢. l ath guided by and learn from the l¢ad¢r5 1 work with, from the participants on our S￿keSPer50n Programme to our new n¢tWQTk of Tnigrartt domestic workcr5 taking part in our Futur¢ Voi¢¢$ training iniiiative. This work is a tru¢ partll¢r$hip built OD IDlSt and empathy. Our work to llurnjre cohorts of Jnedia confident leaders has becon)e so Much more than m¢dia confidence &8, With llJcrea5cd confidence, ski115 and, irnportantlyb V151bility, they fmd thems¢lv¢s in places where they ar¢ Influ￿¢Ing policy and pwti¢¢ from th¢ Care Review to speaksng &1 All-Paty Parliamentary Groups IAPPGsl on Poverty. Hurnan TraffJ¢king attd Modern Slavery and Pellal Affairs. "Good journalism is built OD pow¢rful human 5tori¢s but its too often divorced from reality- over the y¢on SouDdd¢liv¢ry has connected m¢ with a dozo pow¢rful humatt stories illuminating wi(kr but often und¢rreport¢d social issu¢s. Its ati inv￿￿able role." Giles Edward4 BBC We Colltinue to develop our relationships with journalists who want to WO￿ with our neNorks to tell stories with nuance aod empathy. We work with them as media mentors to shar¢ learning with our tte￿orK we work with them to help develop attd shape stories alld we work with them to develop b¢tt¢r practir¢. When one eomrtjuttity leader told us about a serious injustice his cominunity were experienring when it seemed that records of militsry veterdns who had been di5honourably di5charg¢d from s¢rvi¢¢ for being g&y before this ban was lifted - We￿ being destroyed - we were able to work with a joutnalist to ensure that this Story got th¢ Y4ttentiou that was n¢ed¢d The positive support from our fiu)d¢r5 and active, 5UPPDrtive and forward-thi1￿1ttg board has enabled us to develop the charity into QTL¢ that is growirtg and thriving. Recently one Chief Executive told me that working with us has transform their work involving lived experience insights into th¢ir charity. l ¢nd the year workin8 as one of five team tnembers. l atn extremely prnud to present our February 2022 to JaDuary 2023 AntsuAi ReporL Thank you for all your 5UPPOrt. Jude HAblb. Dlrector Sounddelivery Media Page2 Soundd¢lfv¢ry Media Re￿rt of tbe Trustees for the Year Ellded 31 Jan￿￿ry 2023 OBJECTfvES AND ACTivrriES Objectives aiw5 The Ch￿l￿S objects are, for th¢ public benefii thE ￿ll¢f of povery aDd need aTd th¢ promotion of ¢quality and diversity by= AdvaDcing education and raising awareness regarding poverty. eqU￿lty and diversity. particu12rty in respeL# of cott]Jnunities wbich are under-represented ￿ the media and ill oth¢r public aTrD&8 . in parti¢u]4r, by lu￿rOVi[￿g media attd public represeDtatiott of such GODllnunities' - Projnotitig aud providing activiti¢$ aTJd advice to fosw undetrding b¢tween people from div¢rs¢ baCk￿Un¢￿￿ by enabling acce&s to trdinmg and sUPPOrt' - Cujtivating a 5￿timent in favour of equality and divcrsity by deYelopin8 the capacity aDd skil]s of m¢mb¢rs of socially aDd economically disadvantaged commuDities so they att better ablt to identify and b¢lp m¢et their nee&s, pl￿8 pa￿t1p￿te ore fidly in society. Vtsiojh (hr vi$itsn is a world where lived ¢xp¢ri¢n¢c voices at the forefro￿ ofpubli¢ ¢onversation. policy aDd social ch2Jge. Mission W¢ wllth>ratr with cotnmut)ity leaders their network5 to amplify their stori¢s and ¢xp¢rtise to puTroscfillly influence policy and prdctice tr) ultimately create systetnic chattge. - We wotk iow3rd5 ￿ representation attd th"vetsity in th¢ voic¢s heard in the media by buildin8 co2JnecttoJJs berw¢¢ th¢ media aDd conrnutiities. - We $upport Civil society to develop lived exp¢ri¢ts¢¢ insight to change perceptRODS and influence po]icy at)dpre¢ti¢¢. Values Trnst. W¢ ]istetL. we Iwtl ￿ together, w¢ tsk¢ aaioji Collaboration- W¢ work alongside people to reacb theirfidl ptst¢ntial co1￿￿Ction - CoJm¢¢ttd with which stories that need to be tol¢ and wh¢r¢ attd how th¢y cau b¢ told to bav¢ & la5tiDg Ill￿a¢1 COJTr)mitrl¢nt. To thos¢ we work with and the chall¢ng¢s they fa¢¢ in g¢tting th¢trvoi¢¢s beoxd OUrwO￿ ts IoDg tezm blic benefft Our focus 15 to advance the cducalton and awareneBs of the pllblic re8arding p)v¢rty, equality attd diversity. particularly in respect of communsties which are uttder-repr¢s¢nt¢d th the media aThl other public ar¢Das, specifically by improving med and public representition of 5urh cory)rnuoiti¢5. We also want thcsc communitie5 to be confident to share their expeneD¢e aud expertise in rooms rx)liey maker& practitioners 2nd p¢opl¢ who ¢an irtflu¢n¢¢ ¢hang¢. We dts thi5 by providing training, ￿enIOri￿ atkd mgag¢tn¢nt to grassroots l¢aders &s well as Charities where we WO￿ direetly with the people the organi5ation advocat¢s for. When pjajming our adivities for the year, the trustees have con5idercd the Charity cornm1￿10n's guidance on public benefit Trn5t¢¢s ar¢ clw th4t ther¢ are idcTktifiable benefits to the vmrk that we do- some of tbese are identified below.. - Trustees are cltarthat these benefits are for a wide ¢ross-sxtion of the public,. - T￿￿tee5 are clear that those benefits Te]ate to out a - Trustee5 arr cl¢ar that thos¢ benefits Llutweigh ￿lY POtCDtial risk& Page 3 Sounddelivery Medla Report of tb¢ Trnstee for tht Year Ended 31 2023 ACHIEVEMENT AND PERFORMANCE ChatrltAble activitie5 Our second year &8 a cbarsty brought growth at Sounddelivery Media. We had the foundations to be able to develop and grow (xty governance. team. programmes, and impact as art organisation. 2022-2023 pr￿ettIed a context of national disconteni. public sector $trikes. stretched ￿TvICes, and a cost of living crisis, much of which has had a hug¢ impact o grtssroots orgattisation5 in th¢ ¢baTity sector we support. But this h&8 fi￿damentallY highlight¢d how viul it is to hear their voices in public discourse. and why more than cvw th￿¢ or8attisation5 and their l¢ad¢r8 JJ¢ed support to be able to amp]ify th¢ impaet of whatthty do. During our second year of op¢ration, we have achieved th¢ followin8 which includes all a¢tiviti¢$ from the Spoke8person Network a5 well as our oth¢r training and events.. 94 civil Society org*Jisations have directly bcn¢fitsd from Sounddelivery Media's triJJit)g and expertise. not including advisory calls and meetings. - 52 workshop5 alld ¢v¢nts delivered for pwple with ]iv¢d experience of sociaj inju5ti¢¢, ¢ivil srtiety or8anisation5 and me]nbers of the public in campai8lling, advocacy and influencing. 160 individuals trained. giving them th¢ skills and confjdence to be able io advocate for then￿elVeS and their 180 individual$ attended events curated by / involving Sounddelivery Media 61 media prof¢s$ionals connected with Soundd¢liv¢ry Media 2nd the organisations we work with w influeDce mcdia naTrativ¢s artd practice. 60 m¢dia appearances by OUT networks, atllpI￿jn8 their messages artd diversifyin8 the voicc5 we hear in the media. - 31 blogs pllblishe(L and over 20 vlog5 (video blogs) recorded and shared. Page 4 Souuddelivery Medla Report of the Trnst for the Year Ended 31 Jxryuary 2023 ACHtEVEMENf AND PERFORI¥LV4CE The spokesperso￿ Lyetwork Sounddelivery M¢dia's PwtiC￿ trainiDg PTr8Tamme r¢ttwned for its second year. D¢VelOp￿ Gollabordtivcly with a network of l¢ader5 with lived experienc¢, this eight Tnonth traiuing programrne xs for comrnunity leaders to attwlify their &xperi¢nces and expertise wtth PUTpose and power. It aims to divu5ify the voices we hear itt th¢ En￿l# to make it more representative of th¢ society we live in. This pro￿¢ tsckles the barriers that Pre￿llt these ¢xpcrts from engaging with journalists who bave the pow¢r to i￿flUenCe coverage. It aims to build the coDfJdenee of ourJetwork to iAtIu¢Dce Frt)Jicy aDd pr2Cttce. Tb¢ 21122 pr•gr#mme iDcllldeJ: - Practical worksbops. a three42y residenti￿ media and peer match¢s, r¢gular onii%J¢ group check.iD5. Sl)eaking and )¢dia op￿rtUnItieS and one-t￿One supp . PlatfoIn￿ for our nettvork to have their voices he4Td in the M￿1& in¢ludsng prinL radio. podcasting. TV. and $upport¢d theTn witb speakiD8 oprrnitl¢S ill ¢V¢Dt and conf¢renc¢ settings. - Tailored support eyery step of the way. from shapÉng their ideas, to cotitiectitig thertt with jtsurnalists or produc¢rs. workitig with them to prep&Te andproviding feedba¢k. . Pe¢r support and adviff, collaborating on idca8 and givenprofessi(pno1 advi¢¢. A5 a resu]t of the skills l¢aTtt¢ the network prodUC￿j their f]r5E video blogs (vlogs), blogs and appear*t in the natiott￿ p￿S trade prtss 2nd in broadcast nwjy for the first time. This coverage iDcludes pl￿¢S ill BBC national and local radio. BBC lo¢al TV, The Guardian. Metro i New% Yorksbire Post, Portsmouth N¢ws Childr¢u and Young P¢opl¢ Now, Drink and DDJg News and Tortoise Medi& They were also featwed on podcasts. won awarils for their worl and WTOte at)d featured in book5. 'I've worked with Sounddelivery Media for hvo yws ttow aud iti that time they have put me in touch with SOTlle wonderful experts. peoplt I wouldnt nonnally h&vc b￿0￿¢ acquainted with. My p￿s]￿n, lik¢ th¢irs, i$ g¢kng uttd¢rh¢ard afyt ullr¢prwt￿ voi¢¢s illto tb¢ Tnedia aDd Soundd¢livcry is an invaluable operation." Jes$ FiTSt-PersoD and Opinion Editor, Metro UK Our 2022 evaluation strongly suggests that the spokespeople hav¢ gr¢at¢r ¢ottfid¢n¢¢ to engage with th¢ m¢dia attd th¢ confid¢n¢¢ to l¢ad r¢lAtionship& S¢v¢ral d￿ribed theprogran]me &s tr￿f0M￿tional forthemselves arA their worE The Spokesperson Nthork Alumni: The Spokesperson N¢twork is not just on ¢ight month experience #s Strlli#g training for thcir kinship carcrs and families panel. In 2022 this parth¢r5hip continued. We ¢ts4ttya¢ed'Our Famili¢5. (hjr Voices. a live online ev¢nt for IO0+ people W0￿]ng in this ckn.ld welfare system. We have seen panel grow ill Confidence, recognising their own ¢xp¢rris¢ aod speaking publiGly to policy n￿kers. politicians and comrnissioners of service4 including being Involv￿ in the 8overnJkierit's Care Re￿eW and in the tnedia. We were a]so thrilled to ¢OTme¢t Fa￿llY Pights Group adv2sor Beverley Campb¢ll with Newsnight to Share reflections on th¢ Auttirnn Statemetll. "Our cotlaboration with SDM h&s been transFornJ3tiv¢ as a charity, Lt has chailcngcd us in ihc way we int¢ract with the tiwjia use cortllnuDication& Most importatttly, for par¢nLS aud kitiship ¢ar¢rs that we work for thc relationship bas b¢¢n both uplifting, it h¥ iD¢rEa￿d tb¢ir confJdeTK¢, but it ha5 ￿50 enabled them to use their voice to change the stigm4 presumptions, and stereotypijjg arouttd famjljes iDvtslvAI iu th¢ rbild ￿lfare 5y$t£rtL. And that is Cn￿/21 to us being abk to change po]icy aTrlp]¥tise forthe sake of the cbildrcn." Cathy Ashley, ChiefExecutive, Famity Rights Group Yheir support and ￿8]stanCe Iw be¢D invaluable. IV5 bard to pul into words how much things have ehanged since I became iryvolv￿ with Sounddelivery Medi& I've had OPiniOD pieces published in the tsational pr¢58, 1 bav¢ had rddio pTograTllm¢S- WottJ8n's Hour, Radio 4 Four Thought. I have enjoyed the process from beginniDg to end." Angela Frdzer-Wick4 Chair of Trnsttt$ And Founding M¢mb¢r OfP￿¢￿ts PxtteL F4mity R¥glxts Group Expert Cltlzens Expcrt Citizens is a Cot))mutiity Jttterest Company in Stoke built by alld for people with lived ¢xp¢rieDce of tnuitiple disadvantages itiduding offtnding b¢haviour, substsn¢¢ misuse. dtsmestic viol¢n¢¢ and h¢)mclessness. W¢ worked with staff volunteers tt) explore how they ¢an shar¢ th¢ir siori&s attd id¢as for ¢hang¢, looking at th¢ir ¢omTllunicatioos ￿ ats org2tiisation attd how they Cau start to build a str4t¢gy. We w¢r¢ joined by Allwhda Hailes, Untold Story Hull from our Spok¢sperson N¢twork t(K) who shared h¢r expeTi¢nc¢ and insights on how to share your exp¢rti5¢ publicly through writin& audio. media and Dwre. The lThJning improved their understanding of how to ￿ storytrlling within tbeir work. develope the confLdent¢ of th¢ p¢¢>pl¢ tb¢y wty* Ivith atyd d¢v¢l(yd pr¥ti¢al skil]s. -Jud¢ was a fouut of knowledge as alwtys and we found the se&%ions very helpful. Bringiog Amanda a]ong was a strok¢ of 8eoiu$ and we found that $om¢ of th¢ b¢$t ¢ont¢tst ¢8m¢ through tho$¢ ¢onv¢rsatiozJs.- E￿ert CitizeDs Staff Member Page 7 Sounddellvery Media Report of the Trustees for the Year End¢d 31 January ZlJ23 ACHIEVEMETrfT AND PERFORMAP4CE P4use We delivered & bespok¢ 5¢ri¢s of sto￿ellIng workshops for the charity Pause. Pause works with women who have experience￿ or ar¢ at risk of. repeat reTnovals of children from th¢ir co￿. We worked with their Advi50ry Group who all bave lived exp¢rienc¢ of havin8 thetr children removed. They learnt how to tell their stories in a way th&t would make chang¢, ¢xploring audio, blogging and me¢tirtg publie spokespeople to build their confidence. The group l¢ft with new skills. and gr¢At¢r tollfideDce sharing their ¢xp¢riences with decision rnak￿5 and othtrs. 'T¢lling our stories artd sharing ihem ma(k us feel listened to and not Judg￿ as that's all we are ￿Sed to via other profe$$ionals. Helping me writ¢ a blog which I bad Jever done befo￿ was amazin8 and it 15 now on the pau5¢.org website for all to sce has made me re21ise I have a voice and I ￿11 be listened to." Pause Advlsory Group Member 'The tra￿]ll8 really helped develop the confidenc¢ of participatlts who are now rttor¢ i)p¢n to tskitt8 up opporbjnitics. writing blogs and using their voice to create change." P4w$¢ Staff Member M¢dla Network We part of a LaTth¢lly Ch&8e Foundation 6Jnd¢d Media Nthw(prk alongside organi8atiODS including Th¢ Bureau for Inv¢#igativ¢ Jourllalistn, On Our Radar. Guardian Foundation alld more. We come tog¢ther as a ¢oa]itiort to explor¢ how we call collectively have a syst¢]nic impact on public int¢re5t m¢dia. and how the medi4 communities and brid￿ng organi5ation5 like ours can work together to mak¢ th¢ national media landscape more rq)r¢5entstive of th¢ so¢i¢ty we live This Includes both irnprovi*g mèirtstreatt) media and supporting organis&tiotts that can influence the practice of Duinstreatn medxa. Soundd¢liv¢ry M¢dlA Operatlons T￿n- A5 we hav¢ ¢ontinued to 8row thc network5 of Spokespeople that w¢ Support, the charity's capacity ha5 also had to grow. Jn 2022. we expanded our team with a part-tiTne Operatiotts Mallager and a full time Network Media Nfw]ag¢r- this ¢xpènsion continu￿ witty in January 2023. th¢ appointment of a fvll-tim¢ ConJmutticatioDs AssistanL Soundd¢livery M¢d]"a ¢orttittues to benefit from working in partn¢rship with the Londort School of Economics, supporting their Micro Internship scheme which proNides uttdergraduai¢ $mdellts with limited ￿dUate-leVel work exp¢ri¢n¢e an opportunity to undertake 8 fvlly futtded 4-week1140-bourl iniernship. This scheme gives the5¢ Student5 th¢ opportunity to develop vario￿8 teeimicai and soft skills to eTLhance their employability, ftjrther preparin8 therll for a career. Polici¢s, Processes attd &8sociated TraiDing - Througb th¢ Dew Operations Manag¢r post, Souttddelivery Media has Strengthen￿ its irLt¢rnal proE¢sses artd procedures. enabling a dcqKr governance focu5 for the Charity. Over th¢ ¢ours¢ of the year, the board has developed a fornial 'BoaTd Assuranc¢ Fram¢work' Ivhi¢h, together with a tnore focused appro&ch to the board m¢etitLgs th¢tn%lv¢5, ¢nsures appropriat¢ due diligellce of our aetivities is strengthened. Existing policie5 hav¢ b¢ert r¢vi¢w¢d and. where required. updated. Specifically, the Safeguarding Policy and th¢ ociated proc*lures have been reviewed and reinforced. Thi5 ha5 been suppSeTtwited with fidl traiJJin& as well &8 additiottal in-depth training for our DesiwJat¢d Saf¢Buarding L¢ad. Similarly, the Board considers Safe8uarding as a standing item at a]1 its rnettillgs. From an operational ￿rSpeCtiVe, the d&y-to4ay fijnctiotting of the tearn h&% becotlle more streamlined with the addition of automated sy5tetJ]5 wh¢r¢ver appropriate- e.8. use of financial systcms. such as Xero. and on-line apps, such a5 Tirnetastic to monitor staff leave and other absences. Fundraisin8- We received our second year of funding for the Spokesperson Network from Lankelly Cha5¢, Paul HaTnlyn Foundation and Tudor Trust. LaDk¢lly Chas¢ and Tudor Tn￿ will b¢ fundin8 this pro8ramrne of work for a third year in 2023. Pa8e 8 SouDdde15v¢ry Media Report of the Tnxstees for the Ytar Ended 31 Jattuary 2023 ACHIEVE1￿￿Trrr AND PERFORMANCE Support from Tn]stee5- Througboui all th¢ above. our t￿￿te¢s, 5UPPOrt h&$ been ¢xt¢nsive and futtdam¢ntsily invaluable. The board has also increased in number. with au additional three tswtees app)inted throughout the year. Our ttew tn￿leeS bring a range of skills and ittriblltes wkni¢h furtber $tr¢ngthens the Charity's position, enablin8 the tsatn to draw OD a ri¢b¢r variety of experieuce and qualities. Th¢ bo￿ and the team held an away day p¢rsoTr. which w&8 th¢ first held by the Charity. Thi5 externally fa¢iJit4ted event etjabled the whole ehartty to review our su¢cesses from across th¢ year. as well as fwidaTSThtally dcfJniDg and agreeing our str*egy for the ￿ture. Finantia] Positio The f￿anCIal $tat¢ments bave bcen prepared ￿ aGcordance with all major requST¢tn¢uts of the Statetnent of R¢¢owmended Pr2¢ti¢e (sol￿ FRS102} "Accountsng and Reporung by ChaTiti¢s" issued in October 2019 aTLd applicablc accountin8 As a relatively new cbarity. Sounddelivery Media bas bctn focused ou securing fi]nd5 from charitable attd ftsuudatiODS - a5 Tkoied abov¢, w¢ ljave secured continuatioo fillthg for the Spokesperson Network from our current funders for the s￿Ond and third year Our visioll and Yalu¢s will always comc . orgat)is&tiottai ttsilien¢c aTLd ov¢ra]l financiaj sL8tainability r¢Ytiain key Ptiotitie5 for th¢ clwity. Ow Trwurer r¢¢eivts our managetnent accounts ea¢h molltm with th¢ Erf)ard receiving quarterly financial infomjation for their review. As part of ollr f￿V$ over the last year. we hav¢ $tr¢n8thened ow ¢ost re¢ov¢ry model and tightened our internal fftt)an¢ial controls prior to expandiDg out sights on other income generating opporNt)ities, rath¢r thau 501¢ly foGusing on charitsble t[￿￿ts and foulld*iotys. Flnatscial Results A sunjmory of the financial activities for the year enditsg 31 Jattuary 2023. provided LD fuller detail vrith comparative results on page 15, is ¥ follows.. Jo¢oming resources £286,417 Res0￿$ expend¢d £222,570 Net surplus £63.847 The totsl incorne of £286,417 was g¢rterat¢d froTD th¢ follo￿7ng sources: Grants £￿8375 Donatitrrts £511 Total Proj¢¢t Funding Income £27.531 The charity has free reserves of £IO,779 as at 31 January 2023 {2022.. £4,117). The TrpJst¢¢S ¢ODsid¢r this l¢v¢l of r￿1Ve$ to be sufficient to deliver ch2ritsble objectives for the tLext twelye Tzjonths. Frec rcserYe5 are ca]Gulated by deductin8 fixed a&8ets frotn the Ul￿estrICted land Und￿ls￿ated) reserves held at the y¢ar-¢n Pag¢ 9 Sounddelivery M¢dl Report of the Tru$tees for the Year Ended 31 Januiry 2023 FINANCIAL REVIEW Fknau¢ial Commltments The Board of Tn￿te¢S P￿sertt their report and f]nancial statements for the Period end￿ 31st Janllary 2023. The fjnanciai statements h*v¢ been prepared in arcordattce with th¢ accowititt8 policies set out in note I to the fmancial stat¢Thertts and ¢ornply with th¢ Gharity's governing docuTn¢nL the Charities Act 2011 and 'Accounting and RepoLting by Chariti¢S.' Ststernent of Reeommcnded Pradir¢ applicable to choriti¢$ preparing their ar¢ounts in accordance with the Fi]Jattcial Reporting Standard applicable ID th¢ UK attd Republic of Ir¢land (FRS 102) Itffective l January 20191.. The Board of TnLSteas Collf￿ that th¢ ¢harity's CUTreDt fund5 ar¢4 &8 Outlined in the balanGe sh¢¢L We ar¢ grtt¢ful for the Ongo￿ 5UPPOrt of our OJThdeTS.' John Ellernian Foundation Lankelly Cha5¢ Fowjdation Paul Hat)JlyrL Foundatio Trusi for i&>ndon Th¢ Tudor Trust R¢$erves pollcy The Board gf Tnjstees aim to have suffici¢nt unT¢Stri¢t&l reserves to cover our budg¢t¢d op¢rating costs for 3 Tntsnths. W¢ ar¢ developing a strategy to build our r¢$¢rrfes over the COTning y¢ar$. bulldillg a sustainable orggnlsation able to Jneet the demand for our s¢rvi¢es. Po8¢ 10 SoNDddelivery Media Report of the Trysttts for the Year Ended 31 January 2023 Plans for tbe next p¢wd Taking our team from two to five m¢aDs we ¢an c￿at¢ a ￿2£er irnpact with our work. Howeyer, w¢ are still ftt)dittg thai the demand for our serv¥ce5 is outt¥eigh¢d by the capacity of our charity alld we v/ill look to briDg in attoth¢r traincr in the year ah¢adso that we cat) tne¢t some of this d¢mand. This fortllcd part of the board's discu$sion at the away day* as did clarification of overar¢hing 5tratcgie aims a5 D￿lined below= l. Grow our Detwot* of grwToots iead¢r& Dir¢¢tly ¢nabJiDg ourtiJissio]J to amplify the voiccs of comtllutiity leaders and their networks, storie5 to purtM)sefully Greate systemic chauge. We will do this through our third Spokcspcrson Prograuune. $upportin8 our Alwnni. and through charitabl¢ parthEr5hips on joint programme$. $u¢b as the Future Voices programme with the Voi¢¢ of Domestic Workers. IrAtteas¢ our Detsvorks with media professionab,inliuenei￿g #nd improwint tbetr prAttS In support of our mission for greater r¢pr¢seutation aDd diversity in th¢ voi¢¢s heard in the media by building ¢onnectiODS betw¢en thc m¢dia attd comtnunEtie5. Specifically, we will ¢0￿mUnIcate and eduut¢ petts that mcmF*rs of the ttetworks are eAp¢rt5 ID their rwive fielts (Aot ase 5tudi¢5) and we will ¢otstsnue to champion best pra¢ti¢¢ from JOurn￿lstS in working with pe(yle with lived experience. SkaT¢ l¢arthg 4nd bem practice $0¢Sety orwi58tion& Working a]ong5ide othcr cbarities to develop lived experi¢Dce txrErtise in their owo or8atiis8tioDS via knowledge exchange. We know that oth¢r Civil Society organjsations want to develop thcir media confidence alld'kttow hovi,. d¢v¢loping network5 of confidettt spoke5peopl¢ to work partDeTship with a Charity that und¢LStaud5 th¢ challeng¢4 risks as well &8 ¢)pportunitics that go with this work W¢ ￿￿1 ¢(>utinu¢ our work with our cotnmunity of practite &¥ WEll as shariug l¢atning witb the sector througb our¢vellts. Better understand our impact illduding our effect poliq/pra¢tice cbaog Build into our irnpa¢t ¢vatuati¢)n fra[newo￿ consistent da¢ ¢olle¢tiots aadrobust evaluation. We will continue to build on the evaluatiott of ow prograrTun# working togcthcr with externa] evaluators. This will enable us to get a tnor¢ ¢ompl¢t¢ piGtur¢ of the impact our work is having, patticularly th¢ ripple ¢ffe¢t beyond the lead¢T5 that tak¢ part in our pro8ramme& Build Sounddellvery Medfa's 0rg*tii$#ti0n￿ resilience. We will corltinue to strengthen our organisatio1￿1 resilience, f(wing on resiii¢DC¢ across inconr, progranYn¢ ¢ValU￿]I) gov¢rnance. and staff well-bein8. A second strategic away-day with the Board of Trustees this year will include a strong focus OD strategic plajming. fijnding developmetst 2nd stsff ¢apa¢ity, to ¢nsur¢ a svstainable thture forthc charity. Spoke5per50D Network Alllmni Activity ia 2023 The ttetworks we work with hav¢ stsrted 2023 purp)sefully. m￿je Gordon.Waiker. Sharon McPberson and Rachael Mol¢ from tsur 2022 Spokw50n Progr4uJme h4v¢ a]1 beeTr slLOrt]i5ted for a Chwcbill Fellowship. Darren Murrinas gave his f￿st TEDX talK Craig Jones MBE is appearing in a Sky docujnentary on bis veterans campaigll and Marissa B¢gortia was invited to Bucjongham Palacc and met th¢ King- Iwicel We wait to 5cc wI￿t audthcir cortunuDitie5 achieve nexL Page 11 Sovnddelivtry Medh8 Report of tht Trustees for the Y¢ar Ended 31 Janufiry 2(I23 STRUCTURE, GOVERNANCE Af4D MANAGEMENT Governlng documettt The charity's governing docurnertt 18 its"Con5titution" Sounddelivery M¢dia ss all Ind￿¢￿d¢￿t charity working to provide training, $upport and mentoring. and media opporNttitie5. We work to address representation 2nd diversity of voi¢¢ in the nediffj finding plaifonns for our networks and building trusted relationship5 with journalists. W¢ ￿k1¢ the barriers that prevettt these expert5 frorn engagitis with the Jnedia who hav¢ the power to influ¢nce cbattge. It is run by o Board of Trustees who control the direction and poli¢y of the work. They met five times during this fJn&n¢ial y¢ar. A specifjc strategsGrt)usilless pIar￿]ng m¢¢ting is planned for the cotning period. with a view to holding a 51milar scssion a￿LUallY. in order to d¢fJn¢ th¢ priorities for the coming year. Re¢rnltment aPPOiDtment of new trustees The Board of Tru5te¢5 appointed by thc Charity Trustees and are recruited wtth re88rd to their knowl¢dge, skills attd exp¢ri¢nce, including lived experienc¢ of social mequality. Thc Trust¢¢$ are appointed for a thT¢¢-y¢ar term with the option to extend for a second t¢mi. We cU￿entlY baye 5¢veTL board members with an additiQDal TnLStee having io step dovrn du¢ to personal r¢asorts. Orgalli$#tlollal Jtrncture Sounddelivery Media 15 adTnini$tered by Director. lude Habib. based on the strategic direction ￿t by the Board of TnLSt¢es. The Board of Tru5tr5 ]neets four limes a year. plu5 L 5trategi¢ away day. The Chair is 2]$0 safeguarding lead and provides 5UPPOrt to the Director as and when reqll￿ed. Ward Goodman provides book-keeping arld accounting s¢rvi¢¢$ to the charity. ReiAted partles •nd ¢o-OP¢rntlon Thlth other organis¥tlons Nonc of thc Tn]str¢5 receive reMullerati(￿ or oihcr be￿fit from their work witll th¢ Cb￿lty. Any connection b¢tweets TnL8tees or senior manag¢r5 of tb¢ charity with 5upplier5 must b¢ disrlo$¢d to the full Board of tr￿lets. It) thc current year no such related party transactions were r¢port¢d. Ttustees are asked io decla￿ their iD*r¢sts before cach board rneeting and a Regisor of Interests is to be dev¢ltsp¢d Rlsk management The Board of Trustee5 actively revi￿ th¢ major risks which face th¢ ch￿lty on a regular basis, and we are devel¢Jping a B0￿d A&suranc¢ FraTo¢worK which will be reviewed at ¢v¢ry Trust¢¢ ]neetitl8. Indemnity In$ur4tt¢e The ¢harity has Professional Indetnnity Iu5uranc¢ ¢ov¢r {with Hiscox) in respect of the Trust¢¢$ Attd OtYie¢rs of the eharity. PSFERENCE AND ADMINISTRATIVE DETAILS Registwed Charity number 1192516 Prin¢ip#l addr¢$$ Flat 3 79 Trinity Road London N22 8XZ Pag¢ 12 SO￿ndd¢I1vÈry Media Report ofthe Trustses for the Ytsr Ended 31 January 2023 Trn5tee5 E Harrison L Jonas C F21¢oner R Aldh0￿c S Davcy {resigned 8.6.22) S Car105 (appointed 7.12.221 D MuriD&s (appointed 7.9.22) C Jots¢s MBE lappointrd 7.9.22) 1nde￿nd¢Jjt Euminer Ward Goodma 4 Cedar Park Cobham Road Ferndown Jndustrial Estate Wimborne BH217SF *j￿-"LI Approvcdby order ofthe board of t[￿lee$ on............ . . and STgncd OD its bchajf by.. E Harrison- Tn]st¢¢ Page 13 Indepelldent Ei*thlner'i Report to the Tru$tse$ of Sounddelivery Medla Independ¢nt examlner's report to the trustees of Sounddeliv¢ry Medla I reEX>rt to the charity tr￿tteS on my examinatiou of th¢ accounts of Sounthlelivery M¢di& (the Tr￿st) for th¢ year ertd¢d 31 January 2023. R¢$ponslbllltles and basis of report As the chgrity trn5t¢¢s of the Tn￿t you are respon5ibl¢ for the preparation of the acctswits in accordance with the rquir¢ments of the Cbarities Act 2011 {Ih¢ A¢t). I repon respect of my examination of the Tntst'5 accounts carried out under Se¢tion L45 of the Act aDd in caTrying tsut my ¢Kaminatiort I have followed yjl applicabl¢ Dire¢tiolls given by the Charity CoTtJmiS55on und¢r Section L45(5)Ib) of the Act. Ind¢p¢ndettt exgmiDer's statement Since your charity'5 gros5 incorne ex¢¢¢ded £250,OIM) YOUT examiner must be A m¢mber of a listed body. I can confmll that I am qualifi¢d to undertake tbe exatnination beca￿¢ l am a member of the **EIiJiOR - relcvant prof¢55ional Ix)dy ￿￿t be ¢onJpleted*• which 15 one of the list¢d bodie$. I h2v¢ cojnpleted my ex8mination. I ¢onfirm that no nmterial matters have cotne to my attention ￿ cotinection with the exatnination giving me cause to believe that in any material respect.. accountiTJg records were not kept in resr*ct of the Trust 45 Tequir¢d by S¢¢tioD 130 of the Aci. or the accounts do not accord with tho% ￿e0rdS,. or the acrounts do rtot comply with the applicable Tequir¢Tnents ¢onc¢rtting the forni and content of accounts set out in the Charities (Account5 and Reports) R¢gulatiot)s 2008 other thai) requireTll¢Dt that the 2¢¢0uDts give a rne alld fair view which i$ llot a￿￿tter cotssidered &8 part of an iDdepend¢nt ¢XaTlliDation. I have no concerns and have come across no other Tnatters in cottnection with the examination to which attention Should be drawryj in this T¢POrt in ord¢r to enttble a proper uttderstanding of the accounts to b¢ r¢8thd. Mr I M Rodd Bsc FCA FCCA Ward GoodD]a 4 ced￿ Park Cobham Road F¢rndowu IDdustrial Estate Wimborne Dorset BH217SF Date.. Pag¢ 14 Sowllddelivery Media Statement of Financial Activitie5 for the Year Ended 31 Jam￿ary 2023 P¢riod 24.11.20 Year E[￿ed 31.1.23 Total 31.1.22 Total fiwds UDrestricted Re$tri¢t futtd INCOME AND ENDOWMENfs FROM Donatiorts and lega¢ies 511 258J75 258,886 140.506 CILaritable acdvlths Charttablc activity 27.531 27.531 30.764 Oth¢r ill¢orne 928 Total 258 375 286 417 172.198 EXPEhT)rruRE ON Charitable activities aritabl¢ a¢tivity 20,681 201889 ET INCOME Transfers betw¢¢• fuAds 7.361 297 56.486 297 63,847 25,215 io Net moyement in 7,658 56,189 63.847 25215 RECONCTLIATION OF FUNDS Totsi fiuLd5 brought forw 4.1 17 21,098 25215 TOTAL FUNDS CARRIED FORWARD 11.T15 77.287 89,062 25215 The DOte5 f¢)nn P￿ of these finaDGia] stat¢rneDts P#g¢ 15 Sounddelivery Medi• Balance Sheet 31 January 2023 2023 Total fun(Ls 2022 Total fiwds u[￿¢stricted fund Restricted Note5 FtXED ASSETS Tattgible assets 996 996 CURRENT ASSETS C&8h atbajjk 12.236 77,287 89.523 33.638 CREDtTORS Amounts r￿ling due within 00¢ year (1,457) (1.457) (8.4231 PIET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITtES 11.775 77.287 89.062 25,215 NET ASSETS 11.775 77.287 89.062 25,215 FUNDS io Urtre8triCted filttds R¢stri¢*d fvnds 11,775 4.117 TOTAL FUNDS 25.215 The financial Stat￿ents w¢r¢ approv¢d by th¢ Board of Tr￿lte&8 and authoriscd for L58UC on ......................... 2nd w¢r¢ $igned on lis behalf by.. L Jonas- Trustee The notes for￿ part of thes¢ fJnattcia] stat¢wts Pa8e 16 Soutyddelivery Media Not¢s to the Financial Stste￿￿t9 for the Year Ended 31 2023 LEGkL FORM Th¢ ¢harity És registered as a CIO ill England and Wales, with the charity Dwnber. 1192516. The r¢￿stered office can be foulld ID TEU5tce5 aijnual repo AcCOU￿NG POIJCIES Basi$ uf preparing the tknstttial stJteme￿ts The f]nallcia] ststem¢Yits of the charity, which is a publxc beD¢frt cntity under FRS J02, hav¢ be¢u prcpand ID ¥¢ordanc¢ with the Charitiw SOR￿ (FRS L02) 'Accountirtg attd Reporting by Charities". Stat¢m¢nt of Recom]nellded Pwtice applicable to eharities preparing th¢ir accounts ill acCordat￿e with th¢ Finaurial R¢portsng Startdard applicable in the UK and Republic of Ire]￿d (FRS 102) (effective l J2nuary 20191,, Financiat ReportiD8 Srandard 102 Th¢ Financial Reportillg sts1￿rd applitthl¢ in the UK aDd R￿UbliC of Jrel*)d' and th¢ Chariti¢s Art 2011. The financial statements have be¢TL prepared under the historical cost convetitiotL The accounting p¢riod is loog as this is the clhaTities first Set of financial statet)￿ll Income All income is recognised in the Statement of Financial Activities once the charity h&8 ￿titlement to the fund8 it is pmbabl¢ that th¢ iuwtn¢ wtll be rec¢iv¢d and the amount can b¢ m¢asur¢d ff]iably. Project fwJdin8 15 reco8nised when the projects have beeD ¢ollJpl¢tr& or p¥rt cornpletell Expenditure Liabilitie5 arc recognised as expendithjre a$ soon as there is a leg2] or ¢ODStructiv¢ oblig41ion COTllTnitting the charity to that expellditt￿e. it 1$ probable that a transf¢r of ¢£onomic benefits will be required in settlement and th¢ amount of th¢ obligatioD be tneasured reliably. Expenditure i$ accounted for on an a¢cru2Ls basis aDd bwj classifi¢d under headings ag8regat¢ all Gost r¢]at¢d to th¢ cakgory. Where Costs caDDOt be directly attribu*d to parn"cular headings th¢y hav¢ b¢¢n a]located to activities on abasi5 COD5iStent with the use of resources. Clk#rit#bie activitse5 Charitable expenditUTe tompri5¢5 those cosLs incurred by the Charrty in the delivery of its activitics and serviccs for its b¢Deficrari¢s. It includes both costs that eat) be auocated dir¢ctly to su¢h a¢tiViti¢$ 2ttd those ¢osts of aty itidirect rr￿0ver¥4ble VAT Irr¢coverabl¢ VAT Ts ¢lwg¢dagaittst th¢ ¢at¢gory of r¢wur¢¢s exp¢nded forwhich it was incurr¢¢l T&￿￿?)1¢ fixed *￿ts Depreciation is provided at the followittg attnu21 rat¢s in orderto write off ¢acb ass¢t ov¢r its ¢stiTn2ted useful lif¢. Th¢ ¢h2rity is