REGISTERED COMPANY )UMBER: CE030403 (England and Ivales) REGISTERED CHARITY NUMBER: 1200670 ort of the Trustees and Unauditcd Financial Statcmcnts for thc Ycar Endcd 31 Dcccmbcr 2024 for Thc Prcss Justicc Pro cct Style Accountants Limited Bank House Southwick Square Souihwick West Sussex BN42 4FN
The Pres5 Justice Pro ect Content5 of the FiNaNcial Statement5 for the Year Ended 31 December 2024 Page Report of the Tru5tee5 Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statemellts 9 to 12 Detailed Statement of Financial Activities 13
The Pres5 Justice Pro ort of the Trustees lor the Year Ended 31 December 2024 Thc trustccs who arc also dircctors of thc charity for thc puOscS of thc Companics Act 2(J)6, prcscnt thcir report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adoptcd thc proiwisions of Accounting and Rcporting by Charitics: Statcmcnt of Rccommcndcd Practicc applicable to charities preparing their accounts in a¢cordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims Our charity's purposcs as set out in the objccts contsined in the constitution are as follows= The proinotion for the public benefit of ethical standards of conduct by the UK media and press by.. cducating thc public on thc cthical standards of conduct and thc impact of uncthical conduct by thc mcdia and press; and providing information, advicc and assistancc to thosc who havc bccn affcctcd by a breach of cthical standards of conducl. We pursue these objects by: Providing advice to victims of Tongdo]ng in the press Connecting vi¢tiins of wrongdoing with fiirther expertise and support, where appropriate Educating the public about press standards Educating studenrs on the importanue of high standards in the press Bringing together experts and others working in the field of press standards, to increase shared understanding of tlie issues faced by the publi¢ in respect of press wrongdoing Significant activitie5 Educalion The charity set up social media accounts, and began using them to spread the word about the charity's work and services. Universities were also contacted to otyer guest lectures on press standards, for the following year. Fundraisin and events On 17th Oclober 2024 the cliarity had its first ndraising and educational evenL hosted by Brown Rudnick. The event was an opportunity to introduce professionals in the industries which work on press standards to the work of the charity. Victim liaison The PJP had contact with 24 individuals seeking assisLqnce with cases of press wrongdoing in 2024. All support is provided in confidence and the charity avoids dibclosing details, to reduce ihe risk of jigsaw identitication. A sample of five anonymised cases show the forms of support the PJP provides: l. Intrusion over historic events. Advised on preemptive IPSO contact & media management. 2. Inaticuracy, intrusion. diseriminalion. possible libel. Advised on media engageinent, LPSO contact & recommended legal advice. 3. InacLuraey; awaitin¥ outcome of relevant proceediiigs before takin¥ further. 4. Inaccuracy & intnL8ion inio grief. Advised on IPSO complaint & media engagement. 5. Historic. unproven allegations. Ref¢ed to data right5 5pcciali5t (MyClcanSlatc}. Page I
The Pres5 Justice Pro ort of the Trustees lor the Year Ended 31 December 2024 OBJECTII'ES AND ACTIVITIES Public benefit Thc PJP prInIY assists iLidividuals affcctcd by prcss misconduct. We assist thesr people through.. A foLin on our wcbsitc. through whieh mcmbcrs of the public can rcach out for hclp and inforn]ation A fom hosted on the website of "Hacked Off,, a separate organisation throiigh which people can get in touch Contacting individuals pro-actively to offer assistance, when we identify someone we believe might benefit froin the charity's advicc The PJP assists anyoiie affected by WTongdoing iii the press. Most beneficiaries are not well-kn0m, and are thn]st iiito the media spotlight by eventq outside of their contml. We also help students through lectures on press standards al wiiversilies a¢ross the UK. Our events raise funds for the charity and indirectly help benefi¢iaries by creating a forum for professionals operating in industiies which deal with the media to exchange ideas and advice to raise standards. We also offer complimentary tickets to students and charities at risk of press misrepresentation. Social investments Development & outcomes.. The charity has made progress in a number of areas in 2024. Operdlions and governance: Jn mid-lale 2024 the website was redesigned lo increase public visibility of the Charity's services and activities. The cliarity also appointed Francesca Klug OBE lo the Board of Trustees, taking the total number of Tnjstees to 6. The PJP is commitred to the highest standards of governance. Despite being a relatively small organisation, by the end ot 2024 the charity agreed policies in the following areas.. Brand giiidelines policy Bullying and Harassment Policy Campaigniiig Policy Complaints Policy Conflicts of interest policy Expenses policy Fin]lial Control Policy Health and salety policy Privacy policy (data protection) Reserves policy Risk management policy Safeguarding policy Serious ineidcnt reporting policy Social media poli¢y Spcak¢r Policy Flly, at tbc cnd of 2024 the PJP agtEed to cstablish a Council of high qualificd v0luntce. Page 2
The Pres5 Justice Pro ort of the Trustees lor the Year Ended 31 December 2024 OBJECTIVES AND ACTIVITIES Govcrnancc.. At thc closc of 2024, thc charity had a Board of six tnjstccs.. Stephen Kinsella OBE (Chair) Francesca Klug OBE Professor Chris Frost Chris Jcffcrics Danielle Hindley John Shepherd The Board meets once every quarter. The charity's secretary, who is responsible for the day to day running of the organisation, is Nathan Sparkes. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, liinited by guarantee, as defined by the Coinpanies Acl 2(K)6. REFERENCE AND ADM1Tr41STRATIVE DETAILS Registered Company number CE030403 {England and Wales) Registered Ch#rity number 1200670 Registered office Bank House Southwick Squarc Soutliwick West Sussex BN42 4FN Trustees Mr S Kinsella OBE Trnstee Ms F Klug Trustcc (apFx)intcd 19.1.24) MR C P Froqt Trustee Mr J Shcphcrd Trustcc Mr C J E Jefferies Trustee Ms D Hindley Trustee Page 3
)ort of for the Y 24 JI Dtftmber 21L REFF.RENCE AND ADMINISTRATIVE DF.TAILS Independent Examiner Stjle Accountants Liirited Bank House S(lLiII)Ick Square Souiliwick I'esi Sussex BN42 4FN Approved by order of ihe board of ir sieL'% on 23 October 2025 and signed on its behalf by.. MF S Kinsella OBE- Trustee Pa8¢4
Independent Examiner's Re The Press Justiec Pro cct ort to the Trn5tees of Independent examiner's report to the trustees of The Press Justice Project {'the Companv,) report to the charity trustees on my examination of the accounts of the Company for the year ended 31 Dcccmber 2024. Responsibilities and basis of report As the chIty'S trustees of the Coinpally (and also its diTeCtors for the purposes of company law) you e responsible for th¢ preparation of the a¢counts in accordance with the requiremenis of the Companies A¢t 2006 {'the 2006 Act,). Having satisfied myself that thc accounts of thc Coinpany arc not required to be auditcd undcr Part 16 of the 2006 Act and are eligible for independent exainination, I rewrt in respect of my examination of your charity'5 accounts. as caLTicd out undcr Scction 145 of thc Charitics Act 2011 {'thc 2011 Act,). In C&wing out my examination I have followed the Directions given by the Charity Commission under Section 145(5) {b) of thc 2011 Act. Independent examiner's statement I have completcd my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act- or the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the a¢¢ounls give a true and fair view which is not a matter ¢onsidered as part of an indcpcndcnt cxamination; or the accoiinls have not been prepared in accordance with the methods and principles of the Statement of Reconunended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ot Ireland (FRS 102)). I have no concems and have come across no other matters in connection with the examination to which allenlion should be drawn in this rq)ort in order lo enable a proper understanding of ihe accounts 10 be reached. Adam J Style FCCA Style Accountaiils Limited Bank House SouthwiLk Square Southwick Wc5t Sussex BN42 4FN 23 October 2025 Page 5
The Pres5 Justice Pro Statement of Financial ActiTritie5 lor the Year Ended 31 Deeember 2024 Period 13.10.22 to 31.12.23 Total fLmds Year Ended 31.12.24 Total funds Unrestricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 85,923 85,923 Invcslmcnt incomc 238 238 Totsl 86,161 86,161 101 EXPENDITURE ON Raising funds 3,920 3,920 Other 90,980 90,980 Total 94,900 94,900 NET INCOME/(EXPENDITURE) (8,739) (&739) 95 RECONCILIATION OF FUNDS Total funds brought fonvard 95 95 TOTAL FUIYDS CARRIED FORWARD (8,644) (8,644) 95 The notes fomi part of these financial statements Page 6
The Pres5 Justice Pro Balanee Sheet 31 December 2024 31.12.24 Total lunds 31.12.23 Total funds Unrc8trictcd tund Rc%trictcd lund Notcs CURREIYT ASSETS Dcbtor5 Cash al bank 100 74,176 74,176 74,176 74,176 100 CREDITORS Amounts falling duc within onc ycar (82,820) (82,820) {5) NET CURRENT ASSETSI(LL4BILITIES) {8,644) (8,644) 95 TOTAL ASSETS LESS CURREP4T LIABILITILS (8,644) (&644) 95 NET ASSETSI(LIABILITIES) (8,644) (8,644) 95 FUNDS Unrcstriclcd funds (8,644) 95 TOTAL FUIYDS (8,644) 95 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024. The members have not required the company to obtain an audit of ILS financial statements for the year ended 31 Dccembcr 2024 in aCCordce with Section 476 of the co[nplics Act 2(X)6. Thc trustccs aL'knowledgc thcir rcsponsibilitics for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of thc Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each f]nancial year and of its suwlus or dcficit for each financial year in accordance with the reqiiirements of Sections 394 and 395 and which othenvise comply with the requirements of the Coinpanies Act 2006 relating to financial stateinents, so far a5 applicable to the charitable company. The notes fonn part ofthese financial statements Page 7 continued...
te Slheet. contlttutd 24 These financial statements have Eeen PTepaTed in acCOrdae with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of TnLStee5 and authori5ed for issue on 23 Iktober 2025 and were signed on its behalf by= Mr S Kinsella OBE- Trust Ih¢ no rArt of th¢5¢ fitwKiai **trtfflls Pa8e 8
The Pres5 Justice Pro Notes to the Financial Statements lor the Year Ended 31 December 2024 ACCOUNTIIYG POLICIES Basis of preparing the financial statements Thc financial statcmcnls of thc Ch1tbIC CoMpy, which is a public bcnefit cntity undcr FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by ChaLltics'. Statcincnt of Rcconuncndcd Praclicc dpplicablc to chltieS prcpating their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (cffcctive l January 2019),, Financial Reporting SLdard 102 'The Financial Reportin¥ Stsndard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statments havc bccn preparcd undcr thc historical cost convcntion. Income All iiicomc is rccognised in thc Statcment of Fina]icial Activitics oncc thc chartty has ciititlcmcnt to the fuiidq, it is probable that the income will be received and the amount can be meaqured reliably. Expenditure Liabilities are recogniqed as expenditL]re as soon as there iq a legal or co£tCtive obligation committing thc chdrity to that cxpcnditurc, it is probablc that a transfcr of cconoinic bcncfit5 will bc required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accNals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated io activitics on a basis consistent with the usc of resources. Taxation The charity is exempt from corporation tsx on its charitable activities. Fund accounting Uiircsthctcd funds can be u5rd in accordancc with thc charitablc objcctivcs at the discretion of thc ttustees. Reqtricted funds can only be used for particular reqtricted purposes within the objects of the charity. Rcstrictions arisc whcn spccificd by thc donor or whcn funds arc raiscd for particular rcstrictcd purposes. Further explanation of the nature and PUTpose of each fund is included in the notes to the financial statements. INVESTMENT INCOME Period 13.10.22 to 31.12.23 Year Ended 31.12.24 Deposit account interest 238 Page 9 continued...
The Pres5 Justice Pro Notes to the Financial Statements- continued lor the Year Ended 31 December 2024 TRUSTEES, REMUNERATIOiY AND BEiYEFITS Thcrc wcrc no trustCCs' rcmuncration or oihcr bcncfits for thc ycar cndcd 31 Dcccmbcr 2024 nor for the riod ended 31 December 2023. Trustees, expenses There werc no tNstces' expcnses paid for thc year ended 31 December 2024 nor for thc period ended 31 December 2023. COMPAIL4TIVES FOR THE STATEMENT OF FINAP4CIAL ACTIVITIES Unrcstrictcd lund Rcstri¢t¢d fund Total funds INCOME AND ENDOWMENTS FROM Donation5 and Icgacics ioi 101 EXPEf+lDITURE ON Other NET INCOME 95 95 TOTAL FUNDS CARRIED FORWARD 95 95 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Othcr dcbtors loo Page 10 continued...
The Pres5 Justice Pro Notes to the Financial Statements- continued lor the Year Ended 31 Deeember 2024 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Bank loans and overdrafts (see note 7) Accrued expenses 82,820 82,820 LOANS An analysis of thc maturity of loans is givcn bclow.. 31.12.24 31.12.23 Amounts falling due within one ycar on demand.. Bank overdrafts MOVEMENT IN FUNDS Nei movement At 31.12.24 At 1.1.24 in fun(ts Unrestricted funds General fund 95 {8,739) {8,644) TOTAL FUNDS 95 {8,739) (8,644) Net movement in funds, included in the above are as follows.. Incoming resoiirces Resources expended Moi'ement in funds Unrestricted funds General fund 86,161 (94,900) (8,739) TOTAL FUTr4DS 86,161 (94,900) {8,739) Pagell continued...
The Pre55 Justice Pro Notes to the Financial Statements- continued for the Year Ended 31 December 2024 MOVEMEIYT IIY FUNDS- continued Comparatives for movement in funds Net movement in funds At 31.12.23 Unrestricted funds General fimd 95 95 TOTAL FUNDS 95 95 Comparative nct movemcnt in funds, includcd in thc above arc a5 follows-. InLoining resources ResourLes exp¢nded Movement in fi]nds Unrestricted funds General fimd 101 95 TOTAL FUNDS 101 95 RELATED PARTY DISCLOSURES There were no related paty tran.qaction.q for the year ended 31 December 2024. Page 12
The Pre55 Justice Pro Detailed Statement of Financial ActiTrrities lor the Year Ended 31 December 2024 Period 13.10.2 Year Ended 31.12.24 to 31.12.23 INCOME AND ENDOIMIIENTS Donations and legacies Donations Fundraising events 78,443 7,480 85,923 ioi Investment income Dep)sit a¢¢ount interest 238 Total incoming resourtes 86,161 101 EXPETr4DITURE Raising donations and legacies Fundraising costs 3,920 Other Athnin Edueation costs Victim advice provision costs Subscriptions 39,040 6,160 24,960 8,140 78,300 Support costs Management Advertising 12,000 Flnance Bank Lharges 80 Govcrnance costs Accountancy and legal fees 600 Total resources expended 94,900 Net (expenditure)lincome (8,739) 95 This page does not fomi part of the statutory financial statements Page 13