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2025-01-31-accounts

Charity number: 1192516

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

Sounddelivery Media

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Sounddelivery Media

CONTENTS

Page
Reference and administrative details of the Charity, its Trustees and advisers 2
Trustees' report 3 - 15
Independent examiner's report 16
Statement of financial activities 17
Balance sheet 18
Notes to the financial statements 19 - 28

Sounddelivery Media

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 JANUARY 2025

Trustees A Lee (appointed 12 July 2024; appointed as Chair 26 June 2025) S Carlos L Jonas R Mole (appointed 12 July 2024) A Patel (appointed 28 November 2024) E Harrison (resigned as Chair 26 June 2025) A Swanson (appointed 12 July 2024, resigned 6 August 2025) C Falconer (resigned 31 March 2024) C Jones, MBE (resigned 23 January 2025) D Murinas (resigned 31 March 2024)

Charity registered no. 1192516

Principal office 2[nd] Floor Magna House 18-32 London Road Staines-Upon-Thames TW18 4BP

Independent Examiner Janice Matthews Menzies LLP Magna House 18-32 London Road Staines-Upon-Thames TW18 4BP

Bankers Lloyds Bank CCLA

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TRUSTEES' REPORT FOR THE YEAR ENDED 31 JANUARY 2025

platform of tailored support that can't be found elsewhere. It gives lived experience voices the empowerment to be seen, heard, valued and respected, unif Johanna Bernard,

Families in Harmony, Spokesperson Network member

At Sounddelivery Media, we believe that communities with direct experience of social and systemic injustices hold the ideas and solutions for meaningful change. Yet, these voices are often misrepresented or excluded from the media, policy discussions, and decision-making spaces. As a result, those with the expertise to shape public discourse, perceptions, policies and practices often go unheard.

Our vision is a world where people with lived experience are at the forefront of public conversations, policy and social change.

Strengthening our Spokesperson Network

For the first time this year, we brought together alumni from all four of our Spokesperson Network programmes creating a space for learning, collaboration, and re-energising as a collective of lived experience leaders. We supported a cohort of 40 alumni throughout the year with training, speaking and development opportunities, ongoing support and mentorship and ensuring a strong peer network.

Beyond the Spokesperson Network, we delivered 62 capacity-building workshops, events and collaborations, working with 250 civil society organisations. As many organisations providing capacity-building support in the sector have closed, we responded by launching our inaugural Festival of Learning in 2024, supported by the Esmée Fairbairn Foundation. This event provided vital training, networking and support for civil society organisations.

Our funders and financial sustainability

We are deeply grateful to the funders who enable us to continue our work. Looking ahead to 2025-2026, we have secured funding from:

Our Board of Trustees

In 2024, we welcomed four new Trustees to our Board: Rachael Mole accessibility and inclusion consultant, Spokesperson Network member; Amanda Lee Hospice; Andrew Swanson Executive Producer, BBC; and Akash Patel Founder of The Portfolio FD and Fellow of the Association of Chartered Certified Accountants (Treasurer).

We also said farewell to Trustees Darren Murinas and Craig Jones MBE. Our Board now comprises seven members.

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TRUSTEES' REPORT FOR THE YEAR ENDED 31 JANUARY 2025

Strengthening our governance and impact

This year, we continued to refine and improve our organisational policies and procedures. Key developments included establishing an advisory board, developing a Scheme of Delegation and updating policies on safeguarding, risk management, diversity and inclusion, and environmental sustainability.

A major focus has been enhancing our evaluation approach shifting from programme-level impact to an organisational-level understanding of how grassroots leaders shape narratives, policies and practice. Measuring this work is complex and takes time, but we are committed to deepening our evaluation efforts in partnership with an external consultant.

Looking ahead

expertise drives public conversation, policy and practice change.

Our founder and director, Jude Habib, will go on sabbatical for nine months in 2025. We were delighted to be able to facilitate this for her in recognition of the hard work and dedication she has shown over the years. As we move forward, we are focused on expanding our reach, increasing our impact, and securing long-term sustainability for our work.

A message of thanks

As Emma Harrison steps down from her role as Chair, we would like to extend our heartfelt thanks for her six years of exceptional leadership. Emma has been a guiding force during a period of significant growth and evolution at Sounddelivery Media. Her commitment to our values, her unwavering belief in the power of lived experience, and her calm, thoughtful stewardship have left an indelible mark on the organisation. Under her guidance, we have strengthened our networks, deepened our impact, and laid strong foundations for the future. On behalf of the Board, staff, and everyone connected to Sounddelivery Media thank you, Emma.

Signed by: Amanda Lee, Chair Sounddelivery Media

Date: 5th August 2025

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commitment with skills that win. In 2025 our veterans will share £75M which will lift them from poverty and return their honour. This groundbreaking campaign was not won by a big military charity and would have been a distant dream had we not stood on the humble shoulders of Sounddelivery Media, whom we salute Craig Jones MBE, Fighting With Pride,

Spokesperson Network member

We are feeling an enormous amount of gratitude as we reach the end of the third year as a charity. It was a year of exciting opportunities and also challenges as many small charities, including the ones we exist to support, are at the sharp end of the multiple pressures facing society. We want to take this time to recognise and celebrate the incredible work driven by the leaders that form our community and we also want to thank our funders for their support of Sounddelivery Media.

Our Spokesperson Network continued to harness their influence. Whether it was Samantha Billingham leading reports across BBC TV, radio and online news calling for training around coercive control for social workers or Jan Cunliffe and JENGbA in the House of Commons for the launch of the Westminster LGBT+ veterans, which succeeded in achieving its aims this year. Voices of lived experience and expertise are increasingly valued, heard and driving change. Finding ways to politically influence under the new Government is vital.

Changemakers for 2025. This recognises their work in racial equity, criminal justice reform, homelessness,

Sounddelivery Media alumni Emma Pears (SELFA Children's Charity), Zain Hafeez (Citizens UK), Steve Arnott (Beats Bus) and Jan Cunliffe (JENGbA) form our inaugural Advisory Group. All of these leaders have been through our Spokesperson Network programme and are working alongside the Sounddelivery Media team to help shape the programme going forward and advise in other areas where their insights and collaboration will be invaluable. This is a paid role with a one-year term, which they applied for and were voted in by their peers.

Following two years of our Future Voices partnership programme, I was thrilled to embark on our third and final year in 2024. This unique leadership programme is for migrant domestic workers, delivered in partnership with the Voice of Domestic Workers. We welcomed 12 new people to the network and continued to support the 24 alumni.

Sounddelivery Media continued to convene a Community of Practice, a peer-learning group that brings small charities together to share best practice on how to support people who have experienced injustice and inequality to become public spokespeople. This is a vital space for civil society organisations.

Building the capacity of community leaders and organisations can have a transformational effect on their to January 2025 annual report .

Jude Habib, Director Sounddelivery Media

April 2025

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TRUSTEES' REPORT FOR THE YEAR ENDED 31 JANUARY 2025

The Trustees present their report with the financial statements of the Charity for the year ended 31 January 2025. The Trustees have adopted the provisions of 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 Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

About Sounddelivery Media

Sounddelivery Media provides capacity building training, support and mentoring, and media opportunities to community leaders with lived experience of social injustice and inequality. We work to address representation and diversity of voice in the media, finding platforms for our networks and building trusted relationships with journalists. We tackle the barriers that prevent these experts from engaging with the media who have the power to influence change.

We believe in the power of collaboration and sharing knowledge to create a meaningful impact. We share our expertise, gleaned through many years working in this space, with other organisations who seek to develop their own networks of experts by experience and a wider network of professionals in the social justice sector. We also support funders to upskill grantees.

Our work centres on people with lived experience, aiming to shift power through the sharing of networks and skills. We are known for our long-term, people-centred approach, building trusted relationships to work with lived- experience leaders, ethically and safely.

Objectives and aims

The Charity's objects are, for the public benefit, the relief of poverty and need and the promotion of equality and diversity by:

Vision

A world where lived experience voices are at the forefront of public conversation, policy and social change.

Mission

We collaborate with leaders and their communities, amplifying their stories and expertise with purpose and power, to create systemic change.

We work for greater representation and diversity in the voices heard in the media by building connections between the media and communities.

We support charities to develop lived experience insight to change perceptions and influence policy and practice.

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TRUSTEES' REPORT FOR THE YEAR ENDED 31 JANUARY 2025

Values

Trust We listen, we learn, and together, we take action.

People We work alongside people to reach their full potential.

Connection Connected with which stories need to be told, where and how they can be told to have a lasting impact.

Commitment To those we work with and the challenges they face in getting their voices heard. Our work is long term.

Public benefit

Our focus is to advance the education and awareness of the public regarding poverty, equality and diversity, particularly in respect of communities which are under-represented in the media and other public arenas, specifically by improving media and public representation of such communities. We do this by providing training, mentoring and media engagement to grassroots leaders as well as to charities where we work directly with the people the organisation advocates for.

When planning our activities for the year, the Trustees have considered the Charity Commission's guidance on public benefit. Trustees are clear that there are identifiable benefits to the work that we do some of these are identified below:

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TRUSTEES' REPORT FOR THE YEAR ENDED 31 JANUARY 2025

ACHIEVEMENT AND PERFORMANCE

Charity turned three, we celebrated the successful completion of the Voice of Domestic Workers Future Voices 2 programme and we welcomed a new cohort, curated our inaugural Festival of Learning, won an award from London School of Economics (LSE) Careers for our internship programme, and hosted our first residential bringing together members from all four years of our Spokesperson Network (to name just a few highlights).

Our Spokesperson Network continued to harness their influence. Whether it was Chloe Juliette on BBC Radio radio and online news calling for training around coercive control for social workers. Jan Cunliffe and JENGbA were in the House of Commons for the launch of the Westminster Commission on Joint Enterprise, which they were instrumental in bringing into being. Craig Jones MBE led Fighting With Pride for LGBT+ veterans, which succeeded in achieving its aims this year. Voices of lived experience and expertise were being valued, heard and driving change.

We delivered 62 capacity building workshops, events and collaborations, worked with and trained 451 individuals and 250 organisations, and our communities had 160 media features, public talks and awards.

The Spokesperson Network

In 2024, we focused on bringing together our Spokesperson Network alumni from our 2019, 2021, 2022 and 2023 programmes to foster wider collaborations and partnerships, to continue to build a movement of grassroots leaders, growing their collective voice around the social injustices they have experienced. This included an in-person residential in Stoke, a series of online training workshops, and creating and supporting opportunities to have their expertise heard in the media, with policymakers and practitioners, to increase their influence. This included two of our network being awarded a Churchill Fellowship research grant for their work.

We facilitated online check-ins, training days, our WhatsApp group, and a platform through the Festival of brought together leaders to share their insights around one of the biggest challenges facing the UK. This iona Simpson. These events were attended by journalists, funders, civil society organisations and leaders with lived experience. We also provided dedicated support to the network during the general election period supporting them as they developed manifestos for change.

Media coverage for the Spokesperson Network

We facilitated and supported our network through a myriad of opportunities from print/online press, radio and TV, podcasts, public talks and award nominations.

This year our Spokesperson Network featured across BBC Radio 4, BBC London/ Sussex/ Leeds/ Lancs / Solent, BBC 1XTRA Talks, BBC 5 Live, BBC Breakfast, ITV News Meridian, GMB, BBC Look North, The Independent, CYPNow, BBC News, The Voice, the Big Issue, The Mirror, The Guardian, The Times and more. One of our network is now a paid consultant on a high-profile BBC drama reaching audiences of millions and two have influenced documentaries. Sounddelivery Media has also built a relationship with storyliners at Eastenders, connecting them with members of our Spokesperson Network.

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Developing policy and practice

Members of our network have influenced policies such as the LGBT Veterans Independent Review, Care policymakers at the National Centre for Creative Health. Several have been namechecked in the House of -Party Parliamentary Groups on modern slavery, kinship care, poverty, penal affairs, and suicide and self-harm prevention.

Spotlight on a Spokesperson Network member:

Jan Cunliffe and JENGbA (Joint Enterprise Not Guilty by Association) worked with MPs to launch the Westminster Commission on Joint Enterprise, the first major project of the newly-formed All-Party Parliamentary Group on Miscarriages of Justice. We secured legal programme, The Law Show. We have been working with Jan and JENGbA since 2022.

I personally gained much needed support that helped me to remember that I'm not alone in the world of lived experience campaigners. Sometimes our work can lead us to a lonely place, and we forget that there are others around who will gladly encourage you to continue. Fresh energy is vital for topping up feelings of being depleted .

Being in a space where people are full of love and understanding is a privilege and not an everyday -minded, genuine people around you. That positive Jan Cunliffe, JENGbA, Spokesperson Network member

Collaborations and partnerships The Voice of Domestic Workers

This year marked an important milestone for the Future Voices leadership programme, our three-year collaboration with The Voice of Domestic Workers. We welcomed our final cohort of 12 migrant domestic workers for the programme culminating in 2025. Through workshops on public speaking, podcast production, storytelling and media engagement, Future Voices has continued its mission to amplify voices, build confidence, and empower migrant domestic workers to challenge stigma and advocate for change.

-month nity to graduate before, having entered the workforce at a young age.

We were invited to the Human Trafficking Foundation Anti-Slavery Day Awards with The Voice of Domestic Workers. This was to celebrate as the Channel 4 News' piece reported on by Simon Israel in collaboration with The Voice of Domestic Workers won the award for Best Broadcast Piece Dealing with Modern Slavery. This report was viewed by an audience of over 10 million people and continues to make an impact. In 2024, the Future Voices network shared their experiences and insights across a variety of platforms, including the Big Issue, The Independent and Mumsnet. Their stories shed light on the realities of modern-day slavery, the resilience of migrant workers, and the urgent need for systemic change. Future Voices alumni have influenced in additional ways, speaking to politicians, on panels, and to journalism students about how to report on marginalised communities, sharing their experiences of speaking in the media.

experiences to challenge the exploitation and injustices faced by many in our community while addressing unfair policies. I feel more equipped to advocate for myself and others. This programme has been a truly Jeanly, The Voice of Domestic

Workers

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TRUSTEES' REPORT FOR THE YEAR ENDED 31 JANUARY 2025

Let Us Lead the Change

We supported the Let Us Lead the Change training programme, a transformative initiative empowering abused women to find their voice and take a stand. Let Us Lead the Change is a programme by SEEAWA for 11 participants: five who have survived domestic violence and six who have survived trafficking. SEEAWA is a newly-registered charity aiming to empower Southeast and East Asian women in the UK. It was set up by Kanlungan, Filipino Domestic Workers Association, Southeast and East Asian Centre, and other ESEA organisations.

News and Media Network

In 2024, we were proud to collaborate for the series People-Powered Storytelling, showcasing the transformative power of grassroots, community-centred media in the UK. Sounddelivery Media were one of ten featured media organisations, alongside The Bristol Cable, Public Interest News Foundation, Rural Media Govanhill Magazine, Untelevised, and the former Head of Editorial at gal-dem.

These collaborations and training projects reflect our mission to equip individuals and organisations with the tools to tell authentic stories, amplify lived experience, and drive meaningful change.

Knowledge exchange

Festival of Learning

A key aspect of our three-year organisational strategy is to share (and receive) knowledge and best practice with other civil society organisations. We curated and delivered a Festival of Learning hosted by community leaders from across the country centring lived experience expertise. We welcomed 275 delegates to 24 sessions 31.5 hours of learning covering a range of topics to help develop skills and confidence, get new ideas and inspiration, connect people and to centre lived experience expertise. There was a great energy throughout the festival, and within the Zoom rooms people were connecting and sharing ideas. Our in-person events in London and Leeds gave the chance to meet others in-person, and our speakers inspired everyone. We will deliver this again in 2025.

Community of Practice

We deepened our commitment to knowledge exchange, ethical journalism and storytelling through our continued collaboration with our Community of Practice, bringing together staff working for 14 civil society organisations working on spokesperson networks, ambassador programmes and panels. The purpose of this peer-learning group is to share knowledge and best practice around how to work with people with direct, lived experience of social injustice to help them become public spokespeople. It also allows civil society organisations to build connections between charity staff working in this area and look at some of the challenges and solutions of doing this work.

We hosted four sessions online exploring issues like vicarious trauma, safeguarding communities, and developing media toolkits for communities. Our in-person meetup with editors of the Big Issue explored ways to continue driving ethical media practices, and award-winning production company Raw TV and BAFTAwinning director Fred Scott shared their insights.

work in a safe way that is meaningful in creating change Phoebe Green, Pause, Community of Practice member

Holding a space like this allows us to strengthen our individual organisation s learning and development, but also to form a collective voice to influence best practice in the wider sector.

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TRUSTEES' REPORT FOR THE YEAR ENDED 31 JANUARY 2025

FUTURE PLANS - Plans for the next financial year

As we enter year two of our three-year organisational strategy, we will push forward in our mission to ensure more people with lived experience and their voices, expertise and stories are at the forefront of public conversation, policy and practice. To deliver our strategy, we will focus on the following themes:

To extend our services and ensure they continue into the future, we will seek ways to continue to:

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Our Director, Jude Habib, is taking a sabbatical of ninehas been appointed Interim Chief Executive to cover this period.

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TRUSTEES' REPORT FOR THE YEAR ENDED 31 JANUARY 2025

FINANCIAL REVIEW

Financial position

The financial statements have been prepared in accordance with all major requirements of the Statement of Recommended Practice (SORP FRS102) Accounting and Reporting by Charities issued in October 2019 and applicable accounting standards.

As a relatively new charity, Sounddelivery Media has been focused on securing funds from charitable trusts and foundations

as noted above, we have secured continuation funding for the Spokesperson Network from our current funders for the second and third years.

Our vision and values will always come first organisational resilience and overall financial sustainability remain key priorities for the Charity. Our Treasurer receives our management accounts each month, with the full board receiving quarterly financial information for their review.

As part of our focus over the last year, we have strengthened our cost recovery model and tightened our internal financial controls prior to expanding our sights on other income-generating opportunities, rather than solely focusing on charitable trusts and foundations.

Financial results

A summary of the financial activities for the year ending 31 January 2025, provided in fuller detail with comparative results on page 17, is as follows:

The total income of £326,507 (2024: £279,926) was generated from the following resources:

The Charity has free reserves of £33,674 (2024: £19,216) as at 31 January 2025. The Trustees consider this level of reserves to be sufficient to deliver charitable objectives for the next twelve months. Free reserves are calculated by deducting fixed assets from the unrestricted (and undesignated) reserves held at the year-end.

Financial commitments

The Board of Trustees present their report and financial statements for the period ended 31 January 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Charities Act 2011 and 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 Republic of Ireland (FRS 102) (effective 1 January 2019) .

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TRUSTEES' REPORT FOR THE YEAR ENDED 31 JANUARY 2025

The Board of Trustees confirm that the Charity's current funds are as outlined in the balance sheet. We are grateful for the ongoing support of our funders:

Reserves Policy

The Board of Trustees have reviewed their Reserves Policy in 2024-2025 and aim to have sufficient free reserves to cover our budgeted unrestricted operating costs for three months. We continue our strategy of building our reserves to ensure a sustainable organisation able to meet the demand for our services

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TRUSTEES' REPORT FOR THE YEAR ENDED 31 JANUARY 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Charity's governing document is its Constitution .

Sounddelivery Media is an independent charity working to provide training, support and mentoring, and media opportunities. We work to address representation and diversity of voice in the media, finding platforms for our networks and building trusted relationships with journalists. We tackle the barriers that prevent these experts from engaging with the media who have the power to influence change.

The Charity is governed by a Board of Trustees who control the direction and policy of the work. They met five times during this financial year. A specific strategic/business planning meeting is planned for the coming period, with a view to holding a similar session annually, in order to define the priorities for the coming year.

Recruitment and appointment of new trustees

The Board of Trustees, which comprise seven members as at 31 January 2025, are appointed by the Charity Trustees and are recruited with regard to their knowledge, skills and experience, including lived experience of social inequality. Trustees are appointed for a three-year term with the option to extend for a second term.

Three Trustees stepped down during the year (C Falconer, C Jones MBE, and D Murinas) and were replaced by the appointment of three Trustees in July 2024 (A Lee, R Mole, and A Swanson). A further Trustee (A Patel, FCCA) was appointed in November 2024, replacing L Jonas as Honorary Treasurer. L Jonas has agreed to remain as a Board member to provide continuity in terms of expert input in supporting the Charity.

Organisational structure

Sounddelivery Media is administered by Director, Jude Habib, based on the strategic direction set by the Board of Trustees. The Board of Trustees meets four times a year, plus a strategic away day. The Chair is also safeguarding lead and provides support to the Director as and when required. Menzies LLP provides book-keeping and accounting services to the Charity.

At their 23 January 2025 meeting, the Board set up a Finance subcommittee; the members of which are L Jonas, A Lee and A Patel (FCCA). The committee will meet on a quarterly basis, at minimum, to oversee financial management at the Charity and provide feedback and input on behalf of the Board.

Risk management

The Trustees actively review the major risks which face the Charity on a regular basis, and have developed a Board Assurance Framework, which is reviewed at every Trustee meeting.

Indemnity insurance

The Charity has Professional Indemnity Insurance cover (with Hiscox) in respect of the Trustees and Officers of the Charity.

Approved by order of the members of the Board of Trustees and signed on their behalf by:

Signed by: Akash M Patel (FCCA), Treasurer Sounddelivery Media Date: 7 August 2025

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Independent examiner's report to the Trustees of Sounddelivery Media ('the Charity')

I report to the Charity Trustees on my examination of the accounts of the Charity for the year ended 31 January 2025.

Responsibilities and basis of report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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 that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 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.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed: Dated: Janice Matthews FCA

Menzies LLP

Chartered Accountants Magna House 18-32 London Road StainesUpon-Thames TW18 4BP

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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2025

Note
Income from:
Donations and legacies
3
Charitable activities
5
Other income
6
Total income
Expenditure on:
Charitable activities
7
Total expenditure
Net surplus (Deficit)
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Restricted
funds
2025
£
171,878
-
-
171,878
127,418
127,418
44,460
(34,163)
10,297
42,536
10,297
52,833		 Unrestricted
funds
2025
£
130,474
21,531
2,624
154,629
173,764
173,764
(19,135)
34,163
15,028		 Total
funds
2025
£
302,352
21,531
2,624
326,507
301,182
301,182
~~5~~
25,325
-
25,325		 Total
funds
2024
£
273,183
4,650
2,093
279,926
306,572
306,572
(26,646)
-
(26,646)
19,880
15,028
34,908		 62,416
25,325
87,741		 89,062
(26,646)
62,416

The statement of financial activities includes all gains and losses recognised in the year. The notes on pages 19 to 28 form part of these financial statements.

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BALANCE SHEET

AS AT 31 JANUARY 2025

Note
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within one year
13
Net current assets
Total assets less current liabilities
Total net assets
Charity funds
Restricted funds
14
Unrestricted funds
14
Total funds		 24,231
76,769
101,000
(14,493)		 2025
£
1,234
1,234		 500
68,187		 2024
£
664
664
61,752
68,687
(6,935)
86,507
87,741
87,741
52,833
34,908
87,741
62,416
62,416
42,536
19,880
62,416

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Signed by: Akash M Patel (FCCA), Treasurer Sounddelivery Media

Date: 7 August 2025

The notes on pages 19 to 28 form part of these financial statements

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

1. General information

The Charity is registered as a CIO in England and Wales, with the charity number: 1192516. The registered office can be found annual report.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Sounddelivery Media meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

It is the Trustees opinion that based on available reserves and forecast income that the Charity will remain a going concern for at least twelve months from the date of approval of these financial statements and the going concern basis of preparation of the accounts continues to be appropriate.

2.3 Income

All income is recognised in the Statement of Financial Activities once the Charity has entitlement to the funds, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Project funding is recognised when the projects have been completed, or part completed.

2.4 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Charity to that expenditure, 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 is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Charitable expenditure compromises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Irrecoverable VAT is charged against the category of resources expended for which it was incurred.

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NOTES TO THE FINANCIAL

STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

3. Accounting policies (continued)

3.1 Taxation

The Charity is exempt from tax on its charitable activities.

3.2 Tangible fixed assets and depreciation

Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Computer equipment - 33%

3.3 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

3.4 Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the Charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

4. Income from donations and legacies

5.

Donations
Grants
Total 2024		 Restricted
funds
2025
£
-
171,878
171,878
230,706		 Unrestricted
funds
2025
£
1,474
129,000
130,474
42,477		 Total funds
2025
£
1,474
300,878
302,352
273,183		 Total funds
2024
£
477
272,706
273,183

20

Sounddelivery Media

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

4. Grants

Tudor Trust

City Bridge Foundation
School for Social Entrepreneurs
Lankelly Chase Foundation
Paul Hamlyn Foundation
Community Fund Awards For All
Trust For London
John Ellerman Foundation		 2025
£
46,000

58,475
2,991
45,000
40,000
19,950
48,462
40,000
300,878		 2024
£
47,500
23,590
11,966
92,000
40,000
10,000
47,150
-
272,206

5. Income from charitable activities

Earned income from projects
Total 2024		 Unrestricted
funds 2025
£
21,531
21,531		 Total funds
2025
£
21,531
4,650		 Total funds
2024
£
4,650

6. Other incoming resources

Interest income
Misc income		 Unrestricted
funds
2025
£
2,216
408
2,624		 Total
funds
2025
£
2,216
408
2,624		 Total
funds
2024
£
630
1,463
2,093

21

Sounddelivery Media

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

7. Analysis of expenditure by activities

Direct costs
Total 2024
Analysis of direct costs		 Activities
undertaken
directly
2025
£
269,307
287,667		 Support
costs
2025
£
31,875
18,905		 Total
funds
2025
£
301,182
306,572		 Total
funds
2024
£
306,572
Staff costs
Insurance
Telephone/IT, office sundries, equipment
Freelance
Project expenditure
Delivery costs
people
Venue hire/ accommodation/ catering
Travel
Training
Depreciation
Total 2024		 Activities
2025
£
157,861
658
9,996
27,488
2,893
36,758
17,331
6,547
9,443
332
269,307
287,667		 Total
funds
2025
£
157,861
658
9,996
27,488
2,893
36,758
17,331
6,547
9,443
332
269,307
287,667		 Total
funds
2024
£
192,299
620
7,198
18,220
1,761
25,485
19,517
5,664
16,571
332
287,667

22

Sounddelivery Media

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

7. Analysis of expenditure by activities (continued)

Analysis of support costs

Bank charges
Governance costs
Total 2024		 Activities
2025
£
90
31,785
31,875
18,905		 Total
funds
2025
£
90
31,785
31,875
18,905		 Total
funds
2024
£
84
18,821
18,905

8. Independent examiner's remuneration

2025 2024
£ £
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts 2,600 1,831

9. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2025
£
142,750
11,656
3,456
157,862		 2024
£
175,685
12,776
3,838
192,299

The average number of persons employed by the Charity during the year was as follows:

2025 2024
No. No.
Employees 4 4

No employee received remuneration amounting to more than £60,000 in either year.

The remuneration and benefits received by key management personnel in the year totalled £51,079 (2024: £59,039).

23

Sounddelivery Media

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

10. Trustees' remuneration and expenses

During the year ended 31 January 2025, a total of £230 was incurred in respect of Trustee expenses (2024 - £nil) . Amanda Lee received remuneration of £4,200 (2024: £2,400) as an Operations Consultant during 2024-2025 the total value of which was received prior to her appointment as a Trustee in July 2024.

The Board of Trustees regularly review their policy to ensure that any contracts awarded to and/or payments made to Trustees are done so in accordance with relevant legislation and guidelines, including those

11. Tangible fixed assets

Cost or valuation
At 1 February 2024
Additions in year
At 31 January 2025
Depreciation
At 1 February 2024
Charge for the year
At 31 January 2025
Net book value
At 31 January 2025
At 31 January 2024
12.
Debtors: Amounts falling due within one year
Due within one year
Prepayments and accrued income
13.
Creditors: Amounts falling due within one year
Other taxation and social security
Trade creditors
Accruals and deferred income		 Computer
equipment
£
996
902
1,898
332
332
664
1,234
664
2025
2024
£
£
24,231
500
24,231
500
2025
2024
£
£
8,526
2,993
1,960
552
4,007
3,390
14,493
6,935

24

Sounddelivery Media

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

14. Statement of funds

Statement of funds current year

Unrestricted funds
Designated funds
General funds
Total unrestricted funds
Restricted funds
Awards for All
City Bridge Foundation
John Ellerman Foundation
Lankelly Chase Foundation -
Operations
Spokesperson Network
School for Social Entrepreneurs
Trust for London
Tudor Trust
Total restricted funds
TOTAL FUNDS		 Balance at
1 February
2024
£
-
19,880
19,880
-
-
4,759
10,647
10,175
2,130
14,825
-
42,536
62,416		 Income
£
-
154,629
154,629
19,950
58,475
40,000
-
-
2,991
48,462
2,000
171,878
326,507		 Expenditur
e
£
-
173,764
173,764
11,644
44,626
30,325
-
-
5,121
35,064
638
127,418
301,182		 Transfers
between
funds
£
1,234
32,929
34,163
-
(7,598)
(3,297)
(10,647)
(10,175)
-
(2,446)
-
(34,163)
-		 Balance at
31 January
2025
£
1,234
33,674
34,908
8,306
6,251
11,137
-
-
-
25,777
1,362
52,833
87,741

25

Sounddelivery Media

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

14. Statement of funds (continued)

Awards for All: The National Lottery Community Fund provided a grant to support our Future Voices leadership programme. This included costs towards a programme manager, training material expenses and external facilitators.

City Bridge Foundation: City Bridge Foundation provided a multi-year grant for the Future Voices leadership programme. This has funded Director time for developing and facilitating the workshops, support for the community, support from a programme manager who also provided content development support, lived-experience leaders to speak at workshops, training materials and a fee towards overhead costs.

John Ellerman Foundation: Have funded a multi-year grant for a communications officer, a contribution to our media relations manager role and development support for an associate network of trainers.

Lankelly Chase Foundation Operations: Lankelly Chase Foundation provided a restricted grant to support an operations manager role within the organisation as well as an unrestricted grant of £45,000 to support existing grantee partners.

Paul Hamlyn Foundation: Continues to support the work of the Charity through unrestricted backbone funding of £40,000 per annum.

Spokesperson Network: This fund was carried forward from 2023-2024 and was used to support our work in 20242025.

Tudor Trust: Continues to support the work of the Charity through an unrestricted continuation grant, of which £44,000 was received in 2024-2025, as well as providing restricted funds to support staff wellbeing.

Trust for London: Trust for London provided a grant to support a media relations manager role within the Charity.

School for Social Entrepreneurs: School for Social Entrepreneurs (in partnership with Paul Hamlyn Foundation) provided a grant for development support for the Charity CEO.

26

Sounddelivery Media

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

14. Statement of funds (continued)

Statement of funds prior year

Unrestricted funds
General fund
Restricted funds
Lankelly Chase Foundation
Wellbeing
Spokesperson Network
Lankelly Chase Foundation
Operations
Awards for All
John Ellerman Foundation
Trust for London
School for Social Entrepreneurs
Tudor Trust
City Bridge Foundation
Total of funds		 Balance at
1 February
2023
£
11,775
6
15,710
9,012
-
36,563
15,996
-
-
-
77,287
89,062		 Income
£
49,220
-
85,000
45,000
10,000
-
47,150
11,966
7,500
24,090
230,706
279,926		 Expenditure
£
(41,115)
(6)
(90,535)
(43,365)
(10,000)
(31,804)
(48,321)
(9,836)
(7,500)
(24,090)
(265,457)
(306,572)		 Transfers
in/out
£
-
-
-
-
-
-
-
-
-
-
-
-		 Balance at
31 January
2024
£
19,880
-
10,175
10,647
-
4,759
14,825
2,130
-
-
42,536
62,416

15. Summary of funds

Summary of funds current year

General funds
Restricted funds
Total funds		 Balance at
1 February
2024
£
19,880
42,536
62,416		 Income
£
154,629
171,878
326,507		 Expenditur
e
£
173,764
127,418
301,182		 Transfers
between
funds
£
34,163
(34,163)
-		 Balance at
31 January
2025
£
34,908
52,833
87,741

27

Sounddelivery Media

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

15. Summary of funds (continued)

Summary of funds prior year

General funds
Restricted funds		 Balance at
1 February
2023
£
11,775
77,287
89,062		 Income
£
49,220
230,706
279,926		 Expenditure
£
(41,115)
(265,457)		 Transfers
in/out
£
-
-		 Balance at
31 January
2024
£
19,880
42,536
(306,572) - 62,416

16. Analysis of net assets between funds

Analysis of net assets between funds current year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Restricted
funds
2025
£
-
52,833
-		 Unrestricted
funds
2025
£
1,234
48,167
(14,493)		 Total
funds
2025
£
1,234
101,000
(14,493)
52,833 34,908 87,741

17. Related party transactions

In the year ended 31 January 2025, grants were received from the Lankelly Chase Foundation, who shared a Trustee with Sounddelivery Media, until they resigned from Sounddelivery Media on 31 March 2024 (D Murinas). Both organisations have sufficient confluence of interest mechanisms in place, requiring Trustees to abstain from decision making in which they have a direct interest in, which applied to the Trustee concerned in the period up to 31 March 2024.

The Lankelly Chase Foundation also continued to provide office accommodation to Sounddelivery Media during 2024-2025.

C Jones MBE, continued to be part of the Spokesperson Network during his period of office as a Trustee to 23 January 2025.

Moleworks Solutions Limited, a private limited company incorporated under Company number 14866667, of which Rachael Mole, Trustee is the sole Director, received consultancy fees totalling £2,550 (2024: £nil).

The Board of Trustees have subsequently reviewed their policy to continue to ensure that any contracts awarded to and/or payments made to Related Parties are done so in accordance with relevant legislation and

28