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2024-03-31-accounts

Registered charity number: 1198040

Diversity in Development

Receipts and payments accounts For the period ended 31 March 2024

DIVERSITY IN DEVELOPMENT FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2024

CONTENTS PAGE Legal and administrative information 1 Trustees’ report 2- Statement of receipts and payments Statement of balances Notes to the accounts

DIVERSITY IN DEVELOPMENT

ADMINISTRATIVE INFORMATION

Charity name Diversity in Development

Registered office 91 Nibthwaite Road Harrow Middlesex HA1 1TD

Operational address 91 Nibthwaite Road Harrow Middlesex HA1 1TD

Charity registration number 1198040

Trustees

John Kirkland, OBE (Chair)

Ellie Evelyn Ryan Henson Alan Laverock Madeleine Le Bourdon Natasha Lokhun Sheila Mburu Jennifer Minnard Melissa Nicholson Mike O’Driscoll

Amy Randles

Kirsty Smith

Independent examiners

As the charity’s gross income is less than £25,000, it is exempt from an independent examination. Accordingly, no Independent Examiners have yet been appointed.

Bankers CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent

ME19 4JQ

DIVERSITY IN DEVELOPMENT

REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 MARCH 2024

The trustees are pleased to present their report together with the financial accounts of the charity for the year ended 31 March 2024. The Legal and Administrative information on page 1 forms part of this report.

Trustees

The committee members of the charity are its Trustees for the purpose of charity law and throughout this report are collectively referred to as the Trustees.

Structure, Governance and Management

Governing Document

Diversity in Development is a CIO, governed by its constitution.

Recruitment and Appointment of Trustees

New Trustees are invited to join the Board at the request of all serving Trustees. New Trustees are chosen for and assigned to a specific task within the charity. Trustees are chosen from the body of people who have an involvement in, and love for, the work of the Trust. Open and competitive advertising is used to identify suitable candidates. All Trustees take policy decisions at regular Trustees’ meetings.

Trustee Induction and Training

When new Trustees are appointed they are provided with access to appropriate training from current Trustees and, where appropriate, external trainers.

Risk Management

The Trustees review the risks of the charity regularly, drawing up a matrix and putting in place policies to mitigate these risks. The main risks are reputational, financial, and health and safety.

Related parties

No Trustees received any remuneration during the year. £97 was reimbursed to 1 Trustee for travelling expenses (2023 £0, 0 trustees). There were no related parties.

Organisational Structure

The Trust is managed day to day by its Trustees. John Kirkland is the Chair and Alan Laverock is the Treasurer. Other trustees perform different roles within the trust, mainly related to carrying out the development of the charity and of its functions.

DIVERSITY IN DEVELOPMENT

REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 MARCH 2024

Objectives and activities

The organisation’s purposes are:

To advance the education of the public, and in particular of young people interested to learn more about international development issues, or to engage in international development activity, or of people who are socially and/or economically disadvantaged, in relation to any matter pertaining to international development.

To carry out the above functions throughout England and Wales.

Achievements and performance

The bulk of our work during the year has been devoted to the production of three reports. The first brings together for the first time evidence on the extent of under representation by particular socio-economic groups in a range of international development activities, such as volunteering, study, employment within NGO’s and government and participation in international travel programmes to low and middle income countries.

The other two projects look in further depth at two of these areas. One analyses for the socio-economic background of those studying international development in UK universities. The other, conducted in conjunction with BOND, the leading membership group for UK NGO’s working in international development, surveys NGO practice in promoting equity within their organisations.

The latter two studies were instigated during the previous financial year, and have now produced results. In each case they suggest that, whilst multiple groups may find barriers to becoming international development, the barriers facing those from lower socio-economic groups appear to be the most significant.

Results from the above work will be available on diversityindevelopment@org.uk from January 2025. We hope that the reports will stimulate discussion within the international development sector on the importance of inclusivity, and help establish practical initiatives that can be designed to achieve this.

Financial review

Our organisation is fortunate in having access to Trustees and other supporters who are willing to devote their time and expertise free if charge. In particular, we have incurred no staff costs during the year under report. Whilst we anticipate that this might change as the scale of our activity develops, we are determined to keep costs as low as possible, at a time when the development sector as a whole is in desperate need of funding.

During the year under review, a donation of £10,000 was received and interest of £16 earned. Payments were incurred of £3,541, which included some initial costs of web site and materials development which will enable our educational

activities to reach a wider audience in future years. The surplus of £6,475 has been carried to reserves.

DIVERSITY IN DEVELOPMENT

REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 MARCH 2024

Reserves policy

The charity will seek to establish a reserve equivalent to three months’ costs, which will enable it to close down in an orderly fashion should this be required.

Plans for the future

Building on the evidence base generated in the past year, we anticipate several new activities in the coming months:

Approved by the trustees and signed on their behalf

(Chair of Trustees)

2 December 2024

DIVERSITY IN DEVELOPMENT RECEIPTS AND PAYMENTS ACCOUNT

For the year ended 31 March 2024

RECEIPTS
Grants and donations
Bank interest
Total receipts
PAYMENTS
Direct charitable
expenditure
Marketing costs
Domain charges
Trustee travel
Bank charges
Total payments
Excess of receipts
over payments
Brought forward
Carried forward
2024
2023
Restri
cted
Unrestri
cted
Total
Restri
cted
Unrestri
cted
Total
0
10,000
10,00
0
0
0
0
0
16
16
0
0
0
0
10,016
10,0
16
0
0
0
0
1,474
1,474
0
0
0
0
1,260
1,260
0
0
0
0
659
659
0
0
0
0
98
98
0
0
0
0
50
50
0
0
0
0
3,541
3,54
1
0
0
0
0
6,475
6,475
0
0
0
0
0
0
0
0
0
0
6,475
6,47
5
0
0
0

DIVERSITY IN DEVELOPMENT

STATEMENT OF BALANCES

As at 31 March 2024

s at 31 March 2024
Bank account
Reserves
2024
2023
6,475
0
6,475
0

Approved by the trustees and signed on their behalf:

(Chair of Trustees)

2 December 2024

DIVERSITY IN DEVELOPMENT

NOTES TO THE ACCOUNTS

For the year ended 31 March 2024

1.
**2. **
Bank accounts
Movement Balance at

31 March 2024
Bank and cash accounts
6,475
Funds
General fund
6,475
6,475
Balance at
1 April 2023
0
6,475
0
Balance at
1 April 2023
0
6,475
0

0

General funds are unrestricted and are available to be spent on any purpose of the charity.