CHAYN Annual report and financial statements For the year ended 31 March 2024 Charity registration number.. 1196098
Chayn Contents Page Reference and administrative details Trustees. report Independent examinerfs report Statement of financial activities io-ii Statement of financial position 12 Statement of cash flows 13 Notes to the financial 5tatement5 14-24
Chayn Reference and administrative details For the year ended 31 March 2024 Trustees Pamela Zaballa Nighat Dad Kathryn Kosmides Hira Diwan Charity registered number 1196098 Re815tered thlre5S 86-90 Paul Street London EC2A 4NE Independentexaminer Larking Gowen LLP 1st Floor, Prospect House Rouen Road Norwich NRI IRE Bankers Barclays Bank Churchill Place I London E14 5HP
Chayn Trustees, report For the year ended 31 March 2024 The trustees present their annual report together with the financial statements of Chayn I'the Charity'l for the vear ended 31 March 2024. Introdurtion The trustees present their annual report and the financial statements of the Charity for a 12-month period ended 31 March 2024. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Staterment of Recomrnended Practice- Accounting and Reporting by Charities.. SORP. The organisation is registered as a charity on 11 October 2021. Chayn is a CIO- Foundation registered with the Charity C()mmission under the registration number 1196098. The Chariws principal addres5 is 86-90 Paul Street, London, EC2A 4NE. The charity was established under the articles of association which established the objects and powers of the Foundation Charitable Incorporated Organisation. Purpose The objects of the CIO are to.. relieve the hardship Suffered by those who are experiencing or have experienced gender-ba5ed violence, both in the United Kingdom and abroad, for which purpose gender-based violence shall include, but not be limited to, domestic abuse (which means physical, sexual, emotional andlor mental abuse within an intimate or'farnily, relationship), rape, harassment, sex-trafficking, tech-enabled harassment or abuse and reproductive violence, in particular by.. providing online services including information, guides and support,. educating the public on gender-ba5ed violence including, but not limited to, through research and training,. and further such other exclusively chèritable purp()ses èccording to the laws of England and Wales as the trustees in their absolute discretion from time to time determine. Trustees Pamela Zaballa, Chair since 10 April 2024. Nighat Dad, Trustee since 10 April 2024. Kathryn K05mides, Trustee since 10 April 2024. Dr Diahanne Rhiney, resigned on 10 April 2024. Antonella Napolitano, resigned on 6 March 2024. Anjali Ramachandran, resigned on 16 April 2024. Sonia Afzal, resigned ()n 7 February 2024. Di Luong. resigned on 16 April 2024. Damayanthy Sathianathan, resigned on 16 April 2024. Hira Diwan, Trustee since 8 November 2024 Trustee Appolntment and Tralning New Trustees are selected through a mixed process of open recruitment and inviting exemplary professionals known to us, interview and due diligence checks by the existing Trustees. In selecting individuals for appointment as charity trustees, the existing trustees are awère that, in accordance with the Articles of Association of Chèyn, they must have regard to the diversity of the trustees, and to the ski115, knowledge and experience needed for the effertive administration of the CIO. Once selected, new Trustees are appointed by a resolution passed at a properly convened meeting of the charity trustees.
Chayn Trustees, report Icontinuedl For the year ended 31 March 2024 On selection, new Trustees are given access to Chayn's Articles of Association, relevant information from the Charities Commission, a copy of the most recent accounts and financial ftsrecast and minutes from the lèst three Board Meetings. Trustee Expenses Our trustee roles are unpaid. We do not expect trustees to incur any costs, but will reimburse any reasonable expenses as long as they are ègreed in advance. In this time period. Diahanne Rhinney, a trustee, did step up to be the acting CEO for which they were paid for. Mission, Vision and Values Wision Chayn dreams of a future where: Women and people of marginalised genders are free from all gender-based violence, online and offline. Feminism is anti-racist, decolonised, and intersectional. Everyone can create intentional spaces of commLJnity, joy, and healing for all on the world wide web. Mission To use the power of technology to help survivors of gender-ba5ed violence heal, irrespective of language. geography, or culture, by.. Empowering survivors with the information and understanding they need to thrive. Working with survivors to design tools and resources that not only help them, but also systematically challenge patriarchal Structures that en3ble abuse. Advocating for trauma-informed approaches to product design and tech development that prevent harm. Values Survlvor-centred.. We promote survivor leadership. agency, and welfare through the fabric of h()w we operate, what we work on, and when we work on it. Trauma-informed: We minimise re-traumatisation in our survivor-facing work and within the team, by following our trauma-informed design principles and through continuous training, team support, and making room for recovery through rest and change. Feminist with an intersettional lens: We recognise how hèrm manifests in different and disproportionate way5 for people living at the intersection of tmultiple oppre55ion5. Open by default.. We work collaboratively, have transparent work practices, and produce open-source materials. We are curious and open to learn, and we generously share our learnings, resources and services with the world. Our leadership encourages our peers to open up too. Generous- We give each other the benefit of the doubt and care for each other's growth with generositv. Intlusive: We understand, appreciate, and acknowledge way5 in which we are Similar and different.. we encourage working practice5 that leave no one behind. Activities We create resources and services for and with survivors around the world to support them on their journey of healing. We share these generously in the open. Our wtsrk helps survivors identify abuse, understand their traurna and the impact of misogyny on their life, and take control of their recovery pathways. All of Chayn'5 work is proactively anti-racist, decolonising and equity-based. Our resources and services include: Toolklts and how-to guldes for women- marginalised genders & NGOS. Easy to follow crowdsourced guides in multiple languages. Country or theme-specific platform5: Putting Ioc31 information & 5UPPOrt at the fingertips of survivors. 0i8ital service5. Plugging the digital services gap in an environment where charity funding is cut down.
Chayn Trustees, report Icontinuedl For the year ended 31 March 2024 Movement Buildin8.' Contributing to, partnering with, and influencing movements fighting gender-based violence around the world by partnering with other international organisations, participating in global coalitions and campaigns. sharing our work at international conferences. and creating globèlly relevant advocacy resources. Achievements In the year ending 31 March 2024 Chayn has continued to implement our strategy, investing in our Movement Building work, growing our Bloom service to reach more survivors and deepening our vicarious trauma work with content moderators. Movement Building Movement building is a core part of our mission to support survivors of gender-based violence, especially around technology abuse and to support the adoption of trauma-informed practices across the sector. As part of thi5. we encouraged the uptake of trauma-informed design in research, technology design. policy and organisational practices by producing and disseminating blogs, rLJnning training workshops with hundreds of participants, and speaking at conferences. We engaged with more than 80 organisations and hundreds of participants. Our surveys found.. 86% of organisations found our programme5 or event5 Useful to their work 9 out of 10 participants of our events would recornmend it to a colleague 83% of respondents said that they have either put things they learned into practice already or they intend to do. Building on the w(>rk done as part of our Orbits project in 2021-2022, we deepened and expanded (>ur efforts to tackle technology abuse. This included participating in research projects run by other organi5ations globallv, launching OLJr Bloom course on healing from image-based abuse and engaging in national, region31 and international policy and advocacy work. Bloom We have been expanding our remote trauma sUPPOrt Servi 81oom to support more survivors of gender-b8sed violence on their healing journey. Bloom is available to the public for free, like other Chayn resources. Bloom is available across six languages (English, French, German, Hindi, Spanish, and Portuguese). We have a range of in-depth video courses available for survivors to access.. Image-based abuse and rebuilding ourselves Recovering from toxic and abusive relationships Reclaiming resilience in your trauma storv Society, patriarchy and Sexual trauma Healing from sexual trauma Alongside our video courses. we now have a range of different features across Bloom for survivors to access.. Our l-l chat service is a confidential space where users can message us directly to share their feelings, reflections. and questions as they explore Bloom. The service is available in English, French, Spanish, German, Hindi and P()rtuguese and our mes53ging team are bèsed 811 over the world, across multiple time Lone5. In 2023 we launched our WhatsApp subscription service, Notes from Bloom, where user5 can sign up to receive affirmations, reminders, activities, quotes, reflective exercises, and bitesize content from our courses. This service is currently available in English only.
Chayn Trustees, report Icontinuedl For the year ended 31 March 2024 In September 2023, two new features on Bloom went live on Bloom grounding exercises and reflective artlvltles. Available in text and audio form, our grounding exercises include a range of different practices to support survivors to ground in the present 3nd take time for them5elve5 a5 they need. Taken from our long- form video COLJf5es, our range of reflective activities are designed to support survivors to reflect, process, and heal. They focus on various reflective tools, including trust mapping and journaling. These new product features are available in English, French, Hindi, Spanish and Portuguese. In October 2023, we launched Bloom in German, providing more comprehensive and in-depth support for survivors in German. We worked with a diverse team of German translators. localisers, and video presenters to create this extensive offering. With our new product features, we also launched a new secondary navigation bar and rolled out some product design changes to improve the overall user experience and accessibility of the platform. From April 2023 to March 2024, more than 9000 user5 frtsm 92 different countries signed up to 81oom. Our top 10 countries for sign-LJP5 were.. United States United Kingdom Mexico Brazil India France 7. Spain 8. Canada Germariy 10. Australia More than 3000 users signed up in languages other than English and this constitutes 34% of our total sign- ups aeross the time period. Our most popular course was Recovering from toxic and abusive relationships. Only launched at the end of March 2023, the course really resonated with OLJr commLJnity. Some quotes from survivors: -Ifelt listened to ond understood. Ifelt less alone and it Wt7s a relief to be t7ble to talk about whut happened. I con't tolk to myfumily orfriends about whut huppened us I don't think they would understand. l urp7 50 gruteful." "I wu5 recommended one of the cour5e5 by Women'5 Aid und it hos sped up my recoveryprocess so so much, to the point where I've been oble to open myself up to new relutionships ogoin. I have also signed upfor the WhatsApp messages t7nd they have served as u good reminder tht7t the website is olso avuiloblefor continued 5UPPOrt." "Bloom hus been the best resource I havefound online. I did some sections of the (ybuse course und it really helped me to understand my experiences better t7nd to understond my emotions and reactions to things. l also really liked the grounding exercises. I will definitely re-visit these. .It hos been vuliduting on many leve15 to put u nome to experience5 of gerJder-bu5ed harm, while simultaneously offering solutions (7nd recognizing currentfoilures of traditionol systems. It has helped build self reliance ond strength to believe in myself (7nd my experience without negoting its imp¢ict. The te¢im is (Jlways responsive, emputhetic und empowering even during the ht7rdest days. It is so helpful to be uport of a community thut -gets Nt- on o reol level. In early 2024, we held two workshop5 on Bloom for civil society partners who are navigating remote service delivery, and provide insight into how we integrate technology into our work of creating and delivering Bloom.
Chayn Trustees, report Icontinuedl For the year ended 31 March 2024 Diya Chayn believes that vicarious trauma is è lived reality of people who work with survivors of gender-based violence, and that it5 roots are structural. Vicarious trauma needs a collective a5 well a5 a personal response. In this time period, we launched Diya, a new programme to SUPPOrt employees, practitioner5 and activist5 exposed to vicarious trauma. We ran two free workshops for organisations in the violence against women sector, attended by nearly 40 participants and a year-long programme of six workshops and ten Collective Care sessions with 30 employees from a technology companv. Financial review During the 12 month period from l April 2023 to 31 March 2024, Chayn's total income was £760,49612023.. £715,4531 ènd the total expenditure for the yeèr was £803,80912023.. £707.2791. Grant income is our largest source of funding and in total we raised £758,87112023.. £707,3331 from this source, including £277,50012023.. £215,587) in restricted grants for specific projects, of which £199,602 remains restricted to costs associated with our restricted fund projects as it continues. A contribution of £247,82212023.. £367,264) wa5 received from charitable activities. The aim of our charitable activities is to generate a surplus to fund our charitable work. The largest proportion of our charitable activity amounted to £245,514 incorne received through our collaboration with Bumble Holding Limited for the purpose of the export of services to Bumble Inc in the United States. Besides providing much needed sustainable income for Chayn'5 public-facing service5, the collaboration expands our reach to 5urvivor5 of gender-ba5ed violence by offering Chayn service5 to U5er5 of 8urMble Inc's dating apps Bumble and Badoo. A further benefit 15 that it boosts Chayn's profile and visibility on a global scale. Further sales income was received through a combination of non- profit partnerships, public speaking engagements and workshop delivery to organisations. A total of £1,62512023.. £8,120) in donations wa5 received from individu31s and corporation5. Reserves policy The aim of the reserves policy is to ensure that the Charity's ongoing and future activities are reasonably protected from unexpected fluetuati()ns in its inc()me and expenditure. We have a target to mèintain an average of three month5 operational expenditure as agreed by the Board. It 15 appropriate given the risks faced by the Charity and the sustainability of its different income streams. Free reserves were £69,226 as of 31 March 2024. The trustees believe that current level of reserves is sufficient to c()ver the core costs Of the organisation, ensuring financial stability in the event of unplanned adverse circutmstances. However, a further increase in reserves Is required to provide SLJfficient cover for all aspects of its ongoing work. The financial strategy and targets defined in our 3 year strategy include a goal to increase the minimum free re5erve5 to the equivalent of 3 rnonth5 operational expenditure by March 2025. As of date of Signing thi5 had not vet been achieved. The Charity has since reduced its level of operational expenditure which will bring the reserves in line with its stated policy in the future. Management Personnel The day-to-day management of the organi5ation is delegated by the Chair to the CEO. Hera Hussain was on parental leave and annual leave from July 2023 to January 2024. To cover this time period, a maternity cover was hired who resigned from their position on 8 November 2023. The Chair, Diahanne Rhinnev, stepped into the role of Acting CEO from l November 2023 till l February 2024. She was compensated for this role.
Chayn Trustees, report Icontinuedl For the year ended 31 March 2024 Organlsatlonal Structure Thi5 Structure is accurate as of March 2024. Orgonlsotlonal Structure CEQ4r4t Remuneration policy for key management personnel To ensure transparent and fair rates of pay, key personnel starting salaries are calculated based on a globally competitive salary based on the average salaries in the UK and US job market for the non-profit and social technology sector. There was a salary review in 2024 which will be finalized and proposed for approval to the board in early 2025. Risk management All artivities undertaken are risk assessed as part of quarterly board meetings on receipt by the trustees of financial and project updates provided by key personnel. Activities are assessed against the following considerations and defined as high, medium or low risk.. Does this activity help Chayn meet our charitable purposes and is it in the interest5 of survivor5 and other beneficiariesF Is this activity permitted by Chayn's Articles of Association? Could this activity threaten Chayn's credibilitv. Could thi5 artivity threaten Chayn'5 independence? Could thi5 attivity threaten Chayn's ability to work in line with its vision and values? Could this activity use a disproportionate amount of Chayn's resourcesP Could this activity result in any private benefit to a person or organisation which is not merely incidentalP Would this activity involve actions which may not be entirely charitable? Does Chayn have Sufficient re50urce5 to 5UPPOrt the activity? Could this attivity adversely affect Chayn's relationship with stakeholders, e.g. funders? Are there any legal risks, e.g. relating to intellectual property or lack of insurance if relevant, and has mitigating action/legal advice been taken? Are there any other risks identified not listed here? Where rnedium or high risks are identified the TrLJ5tees will rneet with Key Personnel to decide how the risk can be mitigated and whether any remaining risk is unavoidable in order to reach Chayn's key objectives.
Chayn Trustees, report Icontinuedl For the year ended 31 March 2024 Statement of responsibilities of the trustees The trustees are responsible for preparing the trustees, annual report and the financial statements in accordance with applicable lèw and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure. of the charity for that period. In preparing these financial statements, the trustee5 are required to= Select suitable accounting policies and then apply them consistently Observe the method5 and principles in the Charities SORP Make judgemerits and estimates that are reasonable and prudent State whether applicable UK Accounting Standards and st3tements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity IAccounts and Reports) Regulations 2008 and the provisions of the trust constitution. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable step5 for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charities IFRS 1021 leffective January 20191. Trustees who served during this period had resigned from the Board before this report could be signed off. The trustees, annual report has been approved by the trustees on date and signed on their behalf by the below. This report has been prepared based on the best knowledge provided by staff and organisation documents as the previous board had left before the preparation of thi5 document. The trustees, annual report has been approved by the trustees on date and signed on their behalf by.. Pamela Zaballa Trustee Date.. 0811012025
Independent examinerfs report to the trustees of Chayn For the year ended 31 March 2024 Independent examiner's report to the trustees of Chayn I'the Charity) I report to the trustees on my examination of the financial statements of the Charity for the year ended 31 March 2024. Responslbllltles of basls of report As the trustees of the Charity land its directors for the purposes of company lawl, you are responsible for the preparation of the financial statement5 in accordance with the requiremerits of the Companies Art 20061'The 2006 ACVI. Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your Charity's financial statements as carried out under section 145 of the Charities Act 2011 lThe 2011 Act'l. In carrying out my examination I have followed the directions given by the Charity Comrnission under section 14515llbl of the 2011 Act. Independent examlner's statement The Ch3rity's gross income exceeded £250,000 and l am qualified to undertake the examination by being a qLJalified member of institute of the Chartered accountants in England and Wales IICAEWI. I have completed my examination. I confirm that no matters have come to my attention in connection with mv examination giving me cause to believe= accounting records were not kept in respert of the Charity as required by section 386 of the 2006 Act.. or the financial statements do not accord with those records., or the financial staternents do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair view, which is not a matter considered as part of an independent examination,. or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in connection with the examination to which attention Should be drawn in thi5 report in order to enable a proper understanding of the accounts to be reached. ¢ILL Glles Kerkham FCA DChA Larking Gowen LLP Chartered Accountant5 1st Floor Prospect House Rouen Road Norwich NRI IRE Date.. 8110/2025
Chayn Statement of financial activities For the year ended 31 March 2024 Unrestricted Rèstricted Total funds fund5 fund5 Note 2024 2024 2024 Income from: Donations and legacie5 1,625 1,625 Charitable activities 481.371 277.500 758,871 Total income 482,996 277,500 760,496 Expenditure on: Raisingfunds Charitable activitie5 108,007 574,237 24,386 97,179 132,393 671,416 Totalexpenditure 682,244 121,565 803.809 Net Income for the year 1199.2481 155,935 143.3131 Transfer between funds Net intomè and nèt movemènts in funds 1199,2481 155,935 143,3131 Recontlllatlon of funds- Total funds at 31 March 2023 281,522 43,667 325.189 Total funds at 31 March 2024 82,274 199,602 281.876 All recognised gains and losses are included in the above statement of financial artivities. The notes on page 14 to 24 form part these financial statements. io
Chayn Statement of financial activities For the year ended 31 March 2023 Unrestricted funds Restricted funds Total funds Note 2023 2023 2023 Income from.. Donations 8,120 491,746 8.120 707.333 715,453 Charitable activities 215.587 Total income 499,866 21S,587 Expenditure on.. Raisingfunds Charitable activitie5 76,195 415.701 42,491 172.892 118,686 588.593 Total expenditure 491,896 215,383 707.279 Net income for the year Transfer between funds 7,970 204 8,174 111.7861 11.786 Net income and net movement in funds 13,8161 11,990 8,174 Reconciliation of funds.. Total funds at 31 March 2022 285,338 31,677 317,015 Total funds at 31 March 2023 13 281,522 43,667 325,189 All recognised gains and losses are included in the above statement of financial activities. The riote5 on page 14 to 24 form part these financial 5tatement5. li
Chayn- Registered Charity number 1196098 Statement of financial position As at 31 March 2024 2024 2024 2023 2023 Note Fixed asset5 io 13,008 13,410 Current assets Debtors Cash at bank and in hand li 160.645 221,139 381.784 15,175 406,128 421,303 Creditors: amounts falling due within one year 12 1112,9161 1109,5241 Net current assets 268,868 311,779 Totsl assets less current Ilabilltles 281,876 325,189 Charity funds Unrestricted funds Restricted funds Total funds 13 13 82,274 199,602 281,876 281,522 43,667 325,189 The financial statements were approved by the trustees on 8 110 /2 02 5 and signed on their behalf by.. Pamela Zaballa Trustee 12
Chayn Statement of Cash flows For the year ended 31 March 2024 2024 2023 Cash flow from operating activities.. Net cash generated from operating activities 1179,7181 108,644 Cash flow from investin8 artivities Purchase of fixed assets Net cash generated from investing artivities 15.2711 15.2711 17,7101 17,7101 Change in cash and cash equivalent5 in the year 1184,9891 100,934 Cash and cash equivalents at beginning of year 406,128 305,194 Cash and cash equivalents at end of year 221,139 406,128 A. Recontiliation of net income to net cash flow operating activities 2024 2023 Net income for the year las per the Statement of financial activities) Adjustments for.. Depreciation Ilncreaselldecrease in debtors Increase /ldecreasel in creditors Net cash generated from operating activities 143.3151 8,174 5,675 1145.4701 3,392 1179.7181 4.358 22,849 73,263 108,644 B. Analysls of cash and cash equlvalents 2024 2023 Cash at bank and in hand Total cash and cash equivalents 221,139 221,139 406,128 406,128 C. Analy515 Of net debt An analysi5 of the changes in net debt has not been presented as all of the entity's cash flows relate to movements in cash, and the entity has no items to include in such an analysis other than the cash flows in the Statement of cash flows. 13
Chayn Notes to the financial statements For the year ended 31 March 2024 General information Chayn I'the Charity'l is a charitable incorporated organisation ICIOI, not having share capitsl, and is incorporated in England and Wales. The Charity registration number is 1196098. Its registered office is in 86-90 Paul Street. London. EC2A 4NE. Principal accounting policies Basls of preparatlon of financlal ststements The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their financial statements in 3ccordance with the financial reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 Icharities SORP I'FRS 102,1, The financial reporting standard applicable in the UK and Republic of Ireland, I'FRS 102,1 and the Charities Act 2011. The Charity continues as public benefit entity as defined by FRS 102. The accounts are presented in sterling and are rounded to the nearest pound. Assessment of going concern The trustees have assessed whether the use of the going concern assumption is appropriate in preparing these accounts. The trustees have made this assessment in respect to a period of at least one year from the date of approval of these account5. The trustees of the Charity have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern. The trustees are of the opinion that the Charity will have sufficient resources to meet its liabilities as they fall due. 2.3 Fund accounting Restricted funds are to be used for specific purposes as specified by the donor. Expenditure which meets their criteria is charged to the fund. Unrestricted general funds are available for use at the discretion of the trustees in the furtherance of the general objectives of the Charity. Income recognition Income is recognised in the period in which the Charity is entitled to receipt, the amount can be measured reliably, and it is probable that income will be received. Grants and donations received forthe general purposes of the Charity are included as unrestricted funds,. grants and donations for activities restricted bv the wishes of the donor are taken to restricted fund5. Donated assets are initially recognised at an estimate of its carrying value at the tirne of transfer. 14
Chayn Notes to the financial statements {continuedl For the year ended 31 March 2024 Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Charity to make a payment to a third party or it is probable that a transfer of economic benefits will be required in settlement and the amount tsf the obligation can be measured reliablv. Expenditure is included in the accounts on an accruals basi5 and includes attributable VAT, which c3nNot be recovered. Expenditure is allocated to the particularactivity on a direct basis or by allocation based on the level of direct expenditure relating to that activity. Expenditure compri5e5 the following.. a. The costs of charitable activities comprise expenditure related to the Charty's primary charitable purposes. Such costs include.. General overhead costs Related support costs b. The cost of raising funds comprises expenditure related to the Chariws expenses in relation to raising funds for the Charity. Such costs include.. Related support costs c. Support costs are the costs associated with the governance arrangements of the Charity and the general running of the Charity. Included within this category are costs associated with the strategic management of the Charity's activities as opposed to day-to-day management. Support costs are allocated c>n the basis of time spent of these activities. Tangible fixed asset5 Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets. other than freehold land, at rates calculated to write off the cost. less estimated residual value. of each asset evenly over its expected useful life, as f()Ilows'. Office equipment- 25% on straight line 2.8 Debtors Trade and otherdebtors are recognised at the settlement amount, less any provisions for non-recoverability. Prepayments are valued atthearnount prepaid. They have been disc(>unted tothe present value ()f the future cash receipt where such discounting is material. 2.9 Cash at bank and In hand Cash at bank and in hand represents such acc()unt5 and in5trument5 that are available on demand or have a maturty of les5 than three month5 from the date of acqui51tions. 15
Chayn Notes to the financial statements Icontinuedl For the year ended 31 March 2024 2.10 Creditors and provisions Creditors and prowsions are recognised when there is an obligation at the balance sheet date as a result of a past event, rfc is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Creditors and provi5ion5 are recogni5ed atthe amountthe Charty anticipates it will pay to settle the debt. They have been discounted to the present value of the future cash payment where such discounting is material. 2.11 Taxatlon Chayn is a registered Charityand therefore is not liable to incometax orcorporation tax on income derwed frorn it5 charitsble attivfcies, as it falls within the various exemptions available to registered charities. 2.12 Judgements in applying accountingpolides and key sourtesof est5matlon uncertalnty The preparation of the financial statements requires managements to make jLJdgernents, estimates aNd assumptions that affert the amounts reported for assets and liabilities as at the period end and the amounts reported for revenues and expenses during the period. However, the nature of estimation means that actual outcomes could differ from these estimates. The trustee5 believe that there are no areas Invo1ng significant estirmation. nrtaInty or the application of significant judgement. 2.13 Forelgn currenclestranslath)n Tran5action5 in foreigncurrenciesare InitialrecOgnised atthe rateof exchange rulingatthedate ofthetran5aCtion. Atthe end of each reporting period foreign currency rnonetsry items aretranslated atthe closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transartion. All differences are charged to the Ststementof Charitable Activities. 2.14 Pensions Contributionsto defined contribution plans are expensed in the period to which they relate. 16
Chayn Notes to the financial statements Icontinuedl For the year ended 31 March 2024 Donations & legacies 2024 Unrestricted funds Restrirted funds Total funds 2024 2024 2024 Other donations 1.625 1.625 1,625 1.625 2023 Unrestricted funds Restricted funds Total funds 2023 2023 2023 Individual donations Corporate donations Other donations 6,744 1,176 200 8,120 6,744 1,176 200 8,120 Charitable artivities 2024 Unrestrirted funds Restricted funds Total funds 2024 2024 2024 Foundation grant5 Other income 233.549 247,822 277.5Th) 511,049 247,822 758,871 481.371 277.SOO 2023 Unrestricted funds Restricted funds Total fund5 2023 2023 2023 Government grants Foundation grants Corporate grants Other income 1.982 122,5(M) 1,982 338,048 39 215,548 39 367.264 491,746 367,264 707,333 215,587 17
Chayn Notes to the financial statements Icontinuedl For the year ended 31 March 2024 Raising funds 2024 Unrestrirted funds 2024 Restricted fund5 Total funds 2024 2024 Allocated staff cost Inote 71 Support cost Inote 71 104.163 23,966 420 128,129 4,264 132,393 108,007 24,386 2023 Unrestricted funds Restricted funds Total funds 2023 2023 2023 Allocated staff cost Inote 71 Support COSt Inote 71 71,603 4,592 76,195 42,491 114,094 4,592 118,686 42,491 Expenditure on charitable activities 2024 Unrestrlcted funds Restrlcted funds Total funds 2024 2024 2024 Allocated staff costs (note 71 Support costs (note 71 Governance costs Intste 71 416,655 67.086 95,867 1.312 512.522 68.398 90,496 90,496 574,237 97,179 671,416 2023 Unrestricted funds Restricted funds Total funds 2023 2023 2023 Allocated staff costs (note 71 Support costs (note 71 Governance costs (note 71 286,408 62,847 169,968 168 456,376 63,015 66,446 2,756 69,202 415,701 172,892 588,593 18
Chayn Notes to the financial statements Icontinuedl For the year ended 31 March 2024 Analysis of total expenditure Unrestrkted Funds Restrlrted Fund5 Total funds ZOZ4 Raising funds (note 51 Charitable Totsl Unrestrthd lutyds Charitable actNf(ies lthote 61 Totsl Restricted lunds funds Inote51 Inote 6J 2024 2024 2024 2024 2024 2024 2024 stsff Costs Salaries and wages (note 81 Employer's Nl (note 81 Employer's pension (note 81 Parinerfee5 Freelance staff Agency staff Termination benefit5 Contractor5 HR wellbeing Training fees Recruitment 52.863 2.546 915 211.453 10.186 3.659 264.316 IZ.732 4.S74 17.666 1.779 419 420 70.663 7.117 1,678 1.680 88.329 8.896 2.097 z.ioj 352.64S 21.628 6.671 2,100 92,158 18.700 6.852 130.918 4.582 3,747 650 640.651 18A32 3.740 1.370 22.501 916 750 ijo 104.163 73.726 14.960 5,1182 ,006 3,666 2,997 520 416.655 92.158 18,700 6.852 111507 4.582 3,7117 650 520.818 3.682 14.729 18.411 23,966 95.867 119,833 OthÈr support costs Ofti¢e ¢osts Technology and software tosts Travel and accommodation Events 11.404 34.309 8.969 5.003 300 872 554 5,675 67.086 11.404 34.309 IZ.813 5.003 300 872 554 5.675 70.930 11.404 34.641 14,213 5.003 300 872 554 5.675 72.662 332 980 332 420 8ank charges Exchange8ain or Ioss Total support costs 420 1.312 1,732 Governance costs AccovntancyfEe5 IDdependeDt examiDation fee5 Other pr¢fe5sional servi¢es Consultanty fees Total Governance costs 30.556 4.800 10.978 44.162 90.496 30.556 4.800 10.978 44.162 90.496 30.556 4.800 10.978 44.162 90.496 Totsi Charkable actlvltles 108.007 574.237 682.244 24,386 97,179 121,565 803,809 19
Chayn Notes to the financial statements Icontinuedl For the year ended 31 March 2024 Analysls of total expendlture Icontlnuedl Unresirtted Funds Restri¢ted Funds Total funds 2023 Raising fund5 Total Restritted fuDds fund5 fun 2023 2023 2023 2023 2023 2023 2023 Stsff Costs Salarie5 and wage5 (Dote 81 37.278 3.618 890 569 3.419 2.506 22,612 13 276 303 119 71.603 149.111 14.474 3.561 2.275 13.677 10.022 186.389 18.092 4.451 2.844 17.096 12.528 113,060 64 1,379 1,514 594 358.011 29.497 3.008 639 1,033 243 117.99) 12.033 2.556 4.130 974 147,487 15.041 3.195 5,163 1.217 333.876 33.133 7.646 8.007 18.313 12.528 153,416 64 1,379 1,514 594 EmplDyer'5 pension InDtE81 Partnèrlees Fe14Th(e staff Agenty staff Contractors Interview payments HR wellbeing 8,071 32,285 40,356 51 1,103 1,211 475 286,408 Recruitment 42,491 169,968 212,459 570.470 Other support costs Office costs Technology and software c05t5 Travel and accommodation Event5 16,334 31.239 10,714 524 33 645 16,334 31,239 15,306 524 33 645 16,334 31,403 15,306 524 33 649 164 164 4,592 8ank charges ExchaDgegain or lo 4.358 62.847 4.358 67.439 4,358 67.607 Totsi support ¢osrs 4.592 168 Governan costs AttountsntylÈes Independent examination fees 17.071 4,8LK) 43,675 9LN) 66.446 415.701 17.071 4,800 43,675 900 66,446 491.896 15(M) 15(M) 18.571 4,800 44,065 1,766 69,202 707.279 390 866 2.756 390 866 2,756 215,383 Consultancy lees Total fjovernance costs Total tharitable activities 76.195 42.491 172.892 20
Chayn Notes to the financial statements {continuedl For the year ended 31 March 2024 Staff costs 2024 2023 Salaries and wages Employer's Nl Employer's pension Partner fee5 Termination benefit5 Freelance staff Agency staff Contrartors Intetviewer payments HR wellbeing Training fees Recruitment 352,645 21,628 6,671 2.100 6,852 92,158 18,700 130,918 333.876 33,133 7,646 8,007 18,313 12,528 153.416 4,582 3,747 650 1,379 1.514 594 640,651 570,470 The average monthly number of employees during the year was 712023.. 71. The total employee benefits lincluding perision contribution5 and employer's national insurance) of key management personnel were £60,74012023.. £72,8711. Staff receiving emoluments in excess of £60,000, excluding employer pension contributions, during the vear were as follows.. 2024 No. 2023 No. £60,001- £70,000 £70.001- £80.(X)o Trustee5' remuneration No trLJStees received any emoluments for their services as trustees during the year other than those mentioned in note 16- Related party.12023.. nonel. No trustees were reimbursed for any expenses during the year12023.. none). 21
Chayn Note5 to the financial statements Icontinuedl For the year ended 31 March 2024 10. Tangible Fixed Assets Office Equipment 2024 Total 2024 Cost l April 2024 Additions Disposals At 31 March 2024 19.033 5.273 19,033 5,273 24.306 24,306 Dèpreciation At l April 2024 Charge for the year Dispos31s At 31 March 2024 5,623 5.675 5,623 5,675 11.298 11,298 Net book value At 31 March 2024 13.008 13,008 At 31 March 2023 13.410 13,410 11. Debtors 2024 2023 Trade debtors 146.846 13,364 435 15,175 Other debtors Prepayments 160.645 15,175 12. Creditors.. amounts falling due within one year 2024 2023 Trade creditors 18,316 1.044 Other creditors 82,400 17.080 Other taxation & socièl security Accruals & deferred income 18,359 76,241 9,000 112,916 109.524 22
Chayn Notes to the financial statements Icontinuedl For the year ended 31 March 2024 13. Movement in Funds 2024 Openlng l April 2023 Incomlng resource5 Outgolng resources Transfers Closlng 31 March 2024 Unrestrirted funds 281,522 482,996 277.500 1682,2441 1121,5651 82,274 199,602 Restricted funds 43,667 325,189 760,496 1803,8091 281,876 Movement in Funds 2023 Opening l April 2022 Incoming resources Outgoing resources Transfers Closing 31 March 2023 Unrestricted funds 285,338 31,677 499,866 215,587 1491,8961 1215,3831 111,7861 11,786 281,522 43,667 Restricted funds 317,015 715,453 1707,2791 325,189 14. Analysis of net assets between funds 2024 Unrestricted funds Restricted funds Totsl funds Tangible fixed assets Current assets 13.008 182,182 1112.9161 82,274 13.008 381,784 1112,9161 281,876 199,602 199,602 2023 Unrestricted funds Restricted funds Total funds Tangible fixed assets Current assets 13,410 377,636 109,5241 281.522 13,410 43,667 421,303 109,524 325,189 43,667 23
Chayn Notes to the financial statements Icontinuedl For the year ended 31 March 2024 15. Restrirted funds Opening l April 2023 Incoming resources Outgoing resources Closing 31 March 2024 Ashoka 21,426 21.426 Resistire 20,743 111,3231 9.420 Robert Bosch 64,231 64,231 TNLC 31,841 110,905 1110.2421 32.504 Wellspring 11,826 60,195 72,021 43.667 277,500 1121.56SI 199,602 The specific purposes for which the funds are to be applied are.. Ashoka- For supporting the Founder and CEO'S leadership work. Resistire- To create a programme on vicarious trauma. Robert Bosch- To create a resource on technology-facilitated gender-based violence. TNLC- To support the running of the Bloom programme. Wellspring- To support work on movement buildin& and communications including but not limited to technology-facilitated gender-based violence. 16. Related Party The following Trustee provided services to the Charity during the year12023'. £nill. Name of the trusteè Nature of the servicès Valuel£l Diahanne Rhiney Business consultancy Services Interim CEO 5,170 17,580 There were no other related party transaction5 held during the current year or prior period. The Charity followed its normal policies and approval criteria as authorised in the Charity's constitution when obtaining the services above. 24