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2025-03-31-accounts

The Charity Registration Number - 1201676

RETHINK CHARITY

Report of the Trustees and Audited Accounts For the Year Ended

31 March 2025

RETHINK CHARITY

Report and accounts for the period ended 31 March 2024

Contents

Page
Charity information 1
Trustees' Annual Report 2 - 6
Statement of directors' responsibilities 7
Independent Auditors' Report 8 - 10
Funds Statements:-
Statement of Financial Activities 11
Statement of Financial Activities - Prior Year statement 12
Movements in funds 13
Revenue Funds 13
Fixed Asset funds 13
Summary of funds 13
Income and Expenditure account 14
Balance sheet 15
Cash flow statement 16 - 17
Notes to the accounts 18 - 26
Detailed Analysis of Income & Expenditure 27 - 33
Activity Analysis of Income & Expenditure 34 - 36

RETHINK CHARITY

Trustees' Annual Report for the year ended 31 March 2025

The Trustees present their Report and Accounts for the year ended 31 March 2025.

Reference and administrative details

The charity name.

The legal name of the charity is:- RETHINK CHARITY.

The charity is also known by its operating name, RETHINK CHARITY.

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1201676.

The charity does not operate in any overseas jurisdictions.

Legal structure of the charity

The charity is constituted as a Charitable Incorporated Organisation (CIO) in England & Wales. The governing document of the charity is the constitution of the CIO as approved by the Charity Commission in England & Wales (CCEW) .

There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.

The trustees are all individuals.

The principal operating address, telephone number, email and web addresses of the charity are:-

4A The Avenue

London

E4 9LD

Telephone: 02080586401 Email Address: info@rethinkcharity.org.uk Web address: https://rethinkcharity.org.uk/

The Trustees in office on the date the report was approved were:-

Mohammed Osman Abdullah

Yunus Malik Khizr Mohammad

The following persons served as Trustees during the year ended 31 March 2025 :-

The trustees who served as a trustee in the reporting period were as shown above, and there were no changes during the year, or in the period between the year end and the approval of the accounts.

Appointed on Resigned on Mohammed Osman Abdullah 23/01/2023 Yunus Malik 23/01/2023 Khizr Mohammad 15/04/2024

All the trustees are also members of the charity.

1

RETHINK CHARITY

Trustees' Annual Report for the year ended 31 March 2025

Objectives and Activities

Our charity’s mission is to advance charitable purposes for the public benefit by addressing urgent needs and fostering long-term solutions. Internationally, we work in conflict zones, natural disaster areas, and regions recovering from such events. Our goal is to help communities move from relying on emergency aid to building sustainable projects that empower them to achieve independence and agency over their future.

Closer to home, in the UK, we respond to pressing needs within our local communities. We provide a hardship fund for female-led households, support food banks, and run a project that collects donations of essential goods, which are then shipped in containers to communities abroad. These efforts reflect our belief in fostering resilience and dignity, both locally and globally.

We are committed to openness in our processes, ensuring that donors can see the direct impact of their contributions.

Public Benefit Statement

The trustees confirm that they have complied with their duty under section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit. All of Rethink Charity’s activities are carried out to further our charitable purposes for the public benefit.

Meet the Trustees – Who We Are

Osman Abdullah

Chair of Trustees

For over two decades, I’ve worked in the education sector, always striving to combine learning with empowerment. I have been fortunate to lead local initiatives like Muslim counselling services and youth projects to international aid journeys that took me to Syria, Afghanistan, Lebanon, Djibouti and other regions ravaged by conflict and disaster.

Some of my most rewarding moments include running an innovative youth club in East London, where we transformed simple activities like dodgeball into life-changing experiences such as rock climbing, canoeing, and Sunday League football. These early projects taught me the power of creative solutions. They helped foster resilience and inspire hope.

The turning point came in Burj Al-Barajneh, Lebanon, where a man shared that he had lived in the same dire conditions for 75 years. His story laid bare the urgency for not just primary aid, but sustainable, long-term solutions.

With Rethink Charity, we are championing innovative approaches to aid—building endowments, prioritising education, and empowering communities to transition from dependency to independence. While the challenges are great, the opportunity to give agency back to those most affected drives us every day.

Yunus Malik

Treasurer

From my earliest days in youth work, I’ve understood the transformative power of meaningful engagement. Leading youth initiatives and aid convoys into Gaza, Syria, and Afghanistan allowed me to see first-hand the resilience of communities facing unimaginable challenges. However, it also revealed the limitations of short-term fixes.

Rethink Charity was a natural fit for me because of its commitment to endowments, education, and infrastructure approaches that build lasting change rather than temporary relief.

Our work is rooted in innovation. Whether it’s providing opportunities for children to thrive through creative projects or designing systems that restore dignity to disaster-stricken communities, I am proud to be part of an organisation that is rethinking aid for a better future.

2

RETHINK CHARITY

Trustees' Annual Report for the year ended 31 March 2025

Khizr Mohammed

Trustee

Born in Johannesburg, South Africa, my professional background is in public relations and marketing within the Islamic finance and investing space. The teachings of Islam have instilled in me a deep passion for helping the vulnerable and weak, and this belief drives my commitment to making a difference through Rethink Charity.

Over time, I noticed significant sums being donated to charity, yet little tangible change being made on the ground. This realisation highlighted the urgent need for a more sustainable, growth-centred approach to charity— one that focuses on long-term impact and real-life improvements. Rethink Charity embodies exactly that.

Our Achievements and Performance (2024–2025)

In our second year, with the unwavering support of our donors and partners, we raised an astounding £1,982,479.54 . Of the total funds raised, a portion was restricted for specific appeals, while the remaining unrestricted income supported our broader charitable work.

Key Highlights from Our Second Year

Key Highlights from Our Second Year
Project / Activity Amount (£)
Syria Emergency Response (Special Cases & Food Distributions) £411,707.23
Infrastructure Projects – Rethink Village £669,901.72
Emergency Aid to: Turkey (Cancer Patients & Food Boxes) £95,598.43
Emergency Aid to: Afghanistan (Food Boxes) £15,750.00
Emergency Aid to: Gaza £258,266.33
UK Local Initiatives – Food Banks £7,541.20
UK Local Initiatives – Hardship Fund £6,377.53
Administration £2,689.44
UK Containers Cost £11,025.00
Sponsorships for Widows, Orphans, and Students in Syria £526,991.65
Egypt – Prosthetic Limbs £32,198.50
Religious Observance (Eid Qurbani, Fitrana, Fidya, Iftaar Projects) £167,145.09

These achievements represent more than just numbers—they reflect lives transformed, hope restored, and communities empowered.

3

RETHINK CHARITY

Trustees' Annual Report for the year ended 31 March 2025

Financial Review

Income Overview

The financial year ending 31 March 2025 marked Rethink Charity's second full year of operation. We raised a total of £1,982,479.54 , of which:

Expenditure Overview

We utilised our funds to directly impact communities in need, as outlined in our achievements. Our expenses included:

We are pleased to report that the majority of our funds were directed to front-line delivery. Our spending reflects our commitment to transparency, efficiency, and impact.

Reserves and Risk Management

Rethink Charity maintains a Financial Reserves Policy to ensure long-term financial sustainability and to provide a buffer against unexpected events. The Board of Trustees sets and reviews the target reserves level annually, based on a risk-adjusted reserve ratio and the charity’s operational needs. Reserves are only used in genuine emergencies or for strategic purposes approved by the Board, and a replenishment plan is put in place when required.

In addition, the Board actively monitors risk, including financial, reputational, and compliance risks, and takes steps to mitigate them through policies, reviews, and contingency planning.

Volunteer and Community Engagement

Volunteers are the backbone of Rethink Charity. From packing aid containers to leading community fundraising, their time, energy and compassion have played a vital role in our success this year. We are also actively investing in community groups to help them further their charitable objects. In return, these partnerships strengthen Rethink Charity through mutual learning, shared resources, and collaboration for the public benefit.

4

RETHINK CHARITY

Trustees' Annual Report for the year ended 31 March 2025

Plans for the Future

At Rethink Charity, we are committed to evolving and expanding our efforts to create lasting impact for communities in need. Our vision for the future is rooted in sustainability, collaboration, and innovation.

Vision for the Future

Sustainability and Growth

Sustainability remains a significant challenge, but we are committed to securing our financial future. We intend to collaborate with leading experts in Islamic finance to establish an endowment. This initiative will help fund our work in perpetuity, providing a stable financial foundation for our mission.

Expanding Our Reach

In addition to solidifying our existing programmes, we plan to extend our efforts to regions like Sudan and Yemen, where the challenges are immense, but the need is even greater. By building partnerships and leveraging our experience, we hope to deliver impactful solutions in these difficult environments.

Our future is one of hope, ambition, and determination to rethink how aid is delivered—making it more impactful, sustainable, and empowering for those who need it most.

Structure, Governance, and Management

Charity Structure

Rethink Charity operates as a Charitable Incorporated Organisation (CIO), ensuring a robust legal and operational framework for achieving our charitable objectives. This structure provides flexibility while maintaining high standards of governance and accountability.

Governance

Our Board of Trustees meets every 8–10 weeks to oversee the charity's strategy, financial health, and operational effectiveness. Decision-making is collaborative, with a focus on transparency and ensuring that all activities align with our mission. In our first year, we leveraged the expertise of consultants specialising in the charity sector to guide us through a period of rapid growth.

As part of our commitment to excellence, we have implemented structured and comprehensive due diligence and auditing systems. These systems ensure that every project and partnership meets the highest standards of accountability and impact.

5

RETHINK CHARITY

Trustees' Annual Report for the year ended 31 March 2025

Management

Day-to-day operations are managed by a dedicated team supported by experienced professionals. Leveraging Gift Aid, we are actively transitioning to employing staff from the sector to strengthen our internal capabilities. This allows us to build a knowledgeable, skilled team while maintaining our focus on delivering sustainable aid solutions.

Commitment to Best Practices

We work closely with charity experts who bring decades of experience, enabling us to build a foundation of effective governance and operational efficiency. By combining this expertise with a forward-looking vision, Rethink Charity is committed to adhering to Charity Commission regulations and continuously improving how we serve communities in need.

Details of The Auditor

MR P. JAYAWARDENE

Member of Chartered Accountants and Statutory Auditors

4A The Avenue Highams Park London E4 9LD

6

RETHINK CHARITY

Trustees' Annual Report for the year ended 31 March 2025

Statement of Trustees' Responsibilities

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).

In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the auditor in relation to the Trustees' report is limited to examining the report and ensuring that , the report is consistent with the figures disclosed in the financial statements.

This report was approved by the board of trustees on 29 January 2026.

m o Abdullah

m o Abdullah (Jan 29, 2026 16:14:49 GMT)

Mohammed Osman Abdullah Trustee

7

RETHINK CHARITY

Independent Auditors' Report to the Trustees of the charity on the accounts for the year ended 31 March 2025

Opinion

We have audited the financial statements of RETHINK CHARITY (the 'charitable incorporation organisation') for the year ended 31 March 2025 which comprise the Statement of Financial Activities, Balance Sheet, Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 for charities ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

Basis for our opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other Information

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

8

RETHINK CHARITY

Independent Auditors' Report to the Trustees of the charity on the accounts for the year ended 31 March 2025

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditors’ responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The extent to which the audit was considered capable of detecting irregularities including fraud

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

9

RETHINK CHARITY

Independent Auditors' Report to the Trustees of the charity on the accounts for the year ended 31 March 2025

We assessed the susceptibility of the Company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Signed:-

P Jayawardene P Jayawardene (Jan 30, 2026 14:42:07 GMT)

MR P. JAYAWARDENE - Senior Statutory Auditor

For and on behalf of GARDEZI JAY & CO

Chartered Accountants and Statutory Auditors 4A The Avenue Highams Park London E4 9LD

This report was signed on 30 January 2026

10

RETHINK CHARITY - Statement of Financial Activities for the year ended 31 March 2025

Statement of Financial Activities for the year ended 31 March 2025

SORP
Ref
Income & Endowments from:
Donations & Legacies
A1
Total income
A
Expenditure on:
Raising funds
B1
Charitable activities
B2
Total expenditure
B
Net income for the year
Net income after transfers
A-B
Net movement in funds
Total funds brought forward
Total funds carried forward
Current year
Unrestricted
Funds
2025
£		 Current year
Restricted
Funds
2025
£		 Current year
Total Funds
2025
£		 Prior Year
Total Funds
2024
£
1,089,671
1,089,671
21,630
1,123,509
1,145,139
(55,468)
(55,468)
(55,468)
403,686
348,218		 892,809
892,809
21,629
1,192,102
1,213,731
(320,922)
(320,922)
(320,922)
656,457
335,535		 1,982,480
1,982,480
43,259
2,315,611
2,358,870
(376,390)
(376,390)
(376,390)
1,060,143
683,753		 1,586,788
1,586,788
9,755
516,890
526,645
1,060,143
1,060,143
1,060,143
-
1,060,143

The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All activities derive from continuing operations

The notes attached on pages 18 to 36 form an integral part of these accounts.

11

RETHINK CHARITY - Statement of Financial Activities for the year ended 31 March 2025

RETHINK CHARITY - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP

SORP
Ref
Income & Endowments from:
Donations & Legacies
A1
Total income
A
Expenditure on:
Raising funds
B1
Charitable activities
B2
Total expenditure
B
Net income for the year
Net income after transfers
A-B
Net movement in funds
Total funds brought forward
Total funds carried forward		 Prior Year

Unrestricted
Funds
2024
£
517,302
517,302
6,877
106,739
113,616
403,686
403,686
403,686
-
403,686		 Prior Year
Restricted
Funds
2024
£
1,069,486
1,069,486
2,878
410,151
413,029
656,457
656,457
656,457
-
656,457		 Prior Year
Total Funds
2024
£
1,586,788
1,586,788
9,755
516,890
526,645
1,060,143
1,060,143
1,060,143
-
1,060,143

All activities derive from continuing operations

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

The notes attached on pages 18 to 36 form an integral part of these accounts.

12

RETHINK CHARITY - Statement of Financial Activities for the year ended 31 March 2025

RETHINK CHARITY - Resources applied in the year ended 31 March 2025 towards fixed assets for Charity use:-

Funds generated in the year as detailed in the SOFA
Resources applied on functional fixed assets
Net resources available to fund charitable activities
Movements in revenue and capital funds for the
Revenue accumulated funds
Unrestricted
Funds
2025
£
Accumulated funds brought forward
403,686
Recognised gains and losses before
transfers
(55,468)
348,218
Closing revenue funds
348,218
Summary of funds
Unrestricted
and
Designated funds
2025
£
Revenue accumulated funds
348,218
Total funds
348,218		 2025
£
(376,390)
-
(376,390)
year ended 31 March 2025
Restricted
Total
Funds
Funds
2025
2025
£
£
656,457
1,060,143
(320,922)
(376,390)
335,535
683,753
335,535
683,753
Restricted
Total
Funds
Funds
2025
2025
£
£
335,535
683,753
335,535
683,753		 2024
£
1,060,143
(549)
1,059,594
Last year
Total Funds
2024
£
-
1,060,143
1,060,143
1,060,143
Last Year
Total Funds
2024
£
1,060,143
1,060,143

The notes attached on pages 18 to 36 form an integral part of these accounts.

13

RETHINK CHARITY - Statement of Financial Activities for the year ended 31 March 2025

RETHINK CHARITY

Income and Expenditure Account for the year ended 31 March 2025

Income
Income from operations
Refunds from HMRC on gift aided donations
Gross income in the year before exceptional items
Gross income in the year including exceptional items
Expenditure
Charitable expenditure, excluding depreciation and amortisation
Depreciation and amortisation
Fundraising costs
Governance costs
Total expenditure in the year
Net income before tax in the financial year
Tax on surplus on ordinary activities
Net income after tax in the financial year
Retained surplus for the financial year		 2025
£
1,704,771
277,709
1,982,480
1,982,480
2,306,474
137
43,259
9,000
2,358,870
(376,390)
-
(376,390)
(376,390)		 2024
£
1,586,788
-
1,586,788
1,586,788
510,753
137
9,755
6,000
526,645
1,060,143
-
1,060,143
1,060,143

All activities derive from continuing operations

The headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.

The notes attached on pages 18 to 36 form an integral part of these accounts.

14

RETHINK CHARITY - Balance Sheet as at 31 March 2025

SORP
NoteRef
Fixed assets
A
Tangible assets
11
A2
Total fixed assets
Current assets
B
Debtors
12
B2
Cash at bank and in hand
B4
Total current assets
Creditors: amounts falling due within one
year
13
C1
Net current assets
The total net assets of the charity		 135,380
563,749

The total net assets of the charity are funded by the funds of the charity, as follows:-

Restricted funds
Restricted Revenue Funds
16
D2
335,535
Unrestricted Funds
Unrestricted Revenue Funds
16
D3
348,218
Designated Funds
Total charity funds		 656,457
335,535
403,686
348,218
683,753		 656,457
403,686
1,060,143

The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA.

The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.

The charity is subject to audit under charity legislation, and the report of the Charities Act auditor is on pages 8 to 10.

m o Abdullah

m o Abdullah (Jan 29, 2026 16:14:49 GMT)

Mohammed Osman Abdullah

Trustee

Approved by the board of trustees on 29 January 2026

The notes attached on pages 18 to 36 form an integral part of these accounts.

15

RETHINK CHARITY

Cash Flow Statement for the year ended 31 March 2025

Cash flows from operating activities
2025
£
Net cash provided by operating activities as shown below
A
(503,304)
Cash flows from investing activities
Purchase of property, plant and equipment
-
Net cash provided by investing activities
B
-
Cash flows from financing activities
-
Net cash provided by financing activities
C
-
Overall cash provided by all activities
A+B+C
(503,304)
Cash movements
Change in cash and cash equivalents from activities in the
year ended 31 March 2025
(503,304)
Cash and cash equivalents at 1 April 2024
1,067,053
Cash at bank and in hand less overdrafts at 31 March
563,749		 2024
£
1,067,602
(549)
(549)
-
-
1,067,053
1,067,053
1,067,053
2,134,106

16

RETHINK CHARITY

Cash Flow Statement for the year ended 31 March 2025 RETHINK CHARITY

Cash Flow Statement for the year ended 31 March 2025 - Continued

Reconciliation of net income to net cash flow from operating activities

Net income as shown in the Statement of Financial Activities
Adjustments for :-
Depreciation charges
Decrease in debtors
Increase in creditors, excluding loans
Net cash provided by operating activities
Analysis of cash and cash equivalents
Cash in hand at for the year ended 31 March 2025
Total cash and cash equivalents
Analysis of change in net debt
Cash
Total		 A
At start
of year
1,067,053
1,067,053		 (376,390)
137
(133,750)
6,699
(503,304)
2025
£
563,749
563,749
Cash
Flows
(503,304)
(503,304)		 1,060,143
137
(1,630)
8,952
1,067,602
2024
£
1,067,053
1,067,053
At end
of year
563,749
563,749

17

RETHINK CHARITY

Notes to the Accounts for the year ended 31 March 2025

1 Accounting policies

General information

Rethink Charity is a Charitable Incorporated Organisation (CIO), incorporated and domiciled in England. The Charity’s registered number and registered office address can be found on page 1.

The functional and presentation currency of Rethik Charity is the pound sterling.

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The financial statements of the charity, 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 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', the Charities Act 2011 and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going Concern

The charitable activities are entirely dependent on continuing grant aid and voluntary donations. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Trustees are not aware of any material uncertainties about the charity's ability to continue as a going concern.

Risks and future assumptions

The charity is a public benefit entity.

Policies relating to categories of income and income recognition.

Nature of income

Gross income represents the value of donations received from donors.

Income recognition

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

18

RETHINK CHARITY

Notes to the Accounts for the year ended 31 March 2025

Accounting for deferred income and income received in advance

Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.

Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.

When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met.

Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned, and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred.

Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable.

Policies relating to expenditure on goods and services provided to the charity.

Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated.

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

Allocating costs to activities

Direct costs that are specifically related to an activity are allocated to that activity. Shared direct costs and support costs are apportioned between activities.

The basis for apportionment, which is consistently applied, and proportionate to the circumstances, is :-

Staffing - on the basis of time spent in connection with any particular activity.

Premises related costs - on the proportion of floor area occupied by a particular activity.

Non specific support costs - on the basis of the usage of resources, in terms of time taken, capacity used, request made or other measures .

Volunteers

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity.

However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note 5.

19

RETHINK CHARITY

Notes to the Accounts for the year ended 31 March 2025

Policies relating to assets, liabilities and provisions and other matters.

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.

Plant and machinery over 4 years

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

Financial instruments including cash and bank balances

There is no cash held by the charity. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.

2 Liability to taxation

The Charity is exempt from tax on income and gains within Section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects

3 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

4 Net surplus before tax in the financial year

Net surplus before tax in the financial year
2025 2024
£ £
The net surplus before tax in the financial year is stated after charging:-
Depreciation of owned fixed assets 137 137
Auditors' remuneration 9,000 6,000

5 The contribution of volunteers

The volunteers work tirelessly to achieve the goals of the charity and their contributions cannot be measured.

20

RETHINK CHARITY

Notes to the Accounts for the year ended 31 March 2025

6 Staff costs and emoluments

Salary costs 2025 2024
£ £
Gross Salaries excluding trustees and key management personnel 21,839 1,968
Employer's National Insurance for all staff - -
Total salaries, wages and related costs 21,839 1,968
Numbers of full time employees or full time equivalents 2025 2024
The average number of total staff employed in the year was 2 1
The estimated full time equivalent number of all staff employed in the year was 2 1
The estimated equivalent number of full time staff deployed in different activities in the year was:-
Engaged on charitable activities 2 1
The estimated full time equivalent number of all staff employed as above 2 1
Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related
entity, either in the current or prior year.
The number of employees whose emoluments including taxable benefits but excluding
employer's pension contributions fall into the following bands were :-
2025 2024
£ £
£60,001 to £70,000 - -
- -

21

RETHINK CHARITY

Notes to the Accounts for the year ended 31 March 2025

7 Defined contribution pension schemes

The charity does not operates a defined contribution pension scheme.

8 Remuneration and payments to Trustees and persons connected with them

No trustees or persons connected with them received any remuneration from the charity, or any related entity.

9 Trustees' expenses

No trustee expenses were incurred, either in the current or prior year.

No trustee expenses were incurred, either in the current or prior year.
The amount reimbursed to trustees 2025
£
-		 2024
£
-
- -

10 Heritage assets not included in the accounts

There are no Heritage assets.

22

RETHINK CHARITY

Notes to the Accounts for the year ended 31 March 2025

11 Tangible fixed assets

Current Year
Cost
At 1 April 2024
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
Prior Year
Cost
02 April 2023
Additions
31 March 2024
Depreciation
02 April 2023
Charge for the year
31 March 2024
Net book value
31 March 2024
01 April 2023		 Land and
Buildings
Plant &
Machinery
Motor
Vehicles
£
£
£
-
549
-
-
549
-
-
137
-
-
137
-
-
274
-
-
275
-
-
412
-
Land and
Buildings
Plant &
Machinery
Motor
Vehicles
£
£
£
-
-
-
-
549
-
-
549
-
-
-
-
-
137
-
-
137
-
-
412
-
-
-
-		 Total
£
549
549
137
137
274
275
412
Total
£
-
549
549
-
137
137
412
-

23

RETHINK CHARITY

Notes to the Accounts for the year ended 31 March 2025

12 Debtors
Prepayments and accrued income
Other debtors - Fund Receivables
Defined contribution pension scheme prepaid by less than one year
13 Creditors: amounts falling due within one year
Trade creditors
Accruals
PAYE, NIC VAT and other taxes
Other creditors - Orphan Sponsorship
14 Income and Expenditure account summary
At 1 April 2024
Surplus after tax for the year
At 31 March 2025		 2025
2024
£
£
135,380
1,630
-
-
135,380
1,630
-
-
2025
2024
£
£
-
-
14,556
8,160
1,095
-
-
792
15,651
8,952
15,651
8,952
2025
£
2024
£
1,060,143
-
(376,390)
1,060,143
683,753
1,060,143

24

RETHINK CHARITY

Notes to the Accounts for the year ended 31 March 2025

15 Particulars of how particular funds are represented by assets and liabilities

At 31 March 2025 Unrestricted Designated Restricted Total
funds funds funds Funds
£ £ £ £
Tangible Fixed Assets 275 - - 275
Current Assets 363,594 335,535 699,129
Current Liabilities (15,651) - - (15,651)
348,218 - 335,535 683,753
At 1 April 2024 Unrestricted Designated Restricted Total
funds funds funds Funds
£ £ £ £
Tangible Fixed Assets 412 - - 412
Current Assets 412,226 - 656,457 1,068,683
Current Liabilities (8,952) - - (8,952)
403,686 - 656,457 1,060,143

16 Change in total funds over the year as shown in Note 15, analysed by individual funds

Funds brought Movement in Transfers Funds carried
forward from funds in 2025 between forward to
2024 funds in 2025 2026
See Note 17 See Note 0
£ £ £ £
Unrestricted and designated funds:-
Unrestricted Revenue Funds 403,686 (55,468) - 348,218
Total unrestricted and designated funds 403,686 (55,468) - 348,218
Restricted funds:-
Donations & Legacies 656,457 892,809 - 1,549,266
Cost of raising funds - (21,629) - (21,629)
Expenditure on charitable activities - (1,192,102) - (1,192,102)
Total restricted funds 656,457 (320,922) - 335,535
Total charity funds 1,060,143 (376,390) - 683,753

25

RETHINK CHARITY

Notes to the Accounts for the year ended 31 March 2025

17 Analysis of movements in funds over the year as shown in Note 16

Unrestricted and designated funds:-
Unrestricted Revenue Funds
Restricted funds:-
Donations & Legacies
Cost of raising funds
Expenditure on charitable activities		 Other
Income
Expenditure
Gains &
Movement
Losses
in funds
2025
2025
2025
2025
£
£
£
£
1,089,671
(1,145,139)
-
(55,468)
892,809
-
-
892,809
-
(21,629)
-
(21,629)
-
(1,192,102)
-
(1,192,102)
1,982,480
(2,358,870)
-
(376,390)

18 The purposes for which the funds as

Unrestricted and designated funds:-

Unrestricted Revenue Funds

Unrestricted Revaluation Reserve

These funds are held for meeting the objectives of the charity, and to provide reserves for future activities, and, subject to charity legislation, are free from all restrictions on their use.

This fund represents the unrestricted surplus arising on the revaluation of the charity's assets.

Restricted funds:-

Restricted Fixed Asset Funds

Restricted Revaluation Reserve Donations & Legacies

The purpose of these funds is described under the accounting policy 'Accounting for capital grants and fixed asset funds'. This fund represents the restricted surplus arising on the revaluation of the charity's assets. Restricted for the purpose restricted by the donor.

19 Ultimate controlling party

The charity is under the control of its legal members.

26

RETHINK CHARITY

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

This analysis is classsified by conventional nominal descriptions and not by activity.

20 Donations, Grants and Legacies

Donations, Grants and Legacies
Current year
SOFA ref
Donations and gifts from individuals
Small donations individually less than £1000
Refunds from HMRC on gift aided donations
Individual Donation > £1,000 less than £5,000
Individual Donation > £5,000 less than £10,000
Individual Donation > £10,000 less than £50,000
Individual Donation > £50,000 less than £100,000
Individual Donation > £100,000 less than £1,000,000
Total donations and gifts from
individuals
A1		 Current year
Unrestricted
Funds
2025
£
46,346
277,709
92,357
21,525
38,088
62,399
551,247		 Current year
Restricted
Funds
2025
£
15,830
-
42,631
55,331
303,878
141,300
333,839		 Current year
Total Funds
2025
£
62,176
277,709
134,988
76,856
341,966
203,699
885,086		 Prior Year
Total Funds
2024
£
508,025
-
1,033,443
45,320
-
-
-
1,586,788
1,089,671 892,809 1,982,480

All the donations and gifts in the prior year were unrestricted and restricted.

Donations and gifts from individuals (Include HMRC refunds on gift aided donations) - Prior Year analysis

Prior year
Small donations individually less than £1000
58,260
449,765
Refunds from HMRC on gift aided donations
-
-
Individual Donation > £1,000 less than £5,000
431,728
601,715
Individual Donation > £5,000 less than £10,000
27,314
18,006
Individual Donation > £10,000 less than £50,000
-
-
Individual Donation > £50,000 less than £100,000
-
-
Individual Donation > £100,000 less than £1,000,000
-
-
Total donations and gifts from
individuals
A1
517,302
1,069,486
Total Donations, Grants and Legacies
Current year
SOFA ref
Total Donations, Grants and
Legacies
A1
1,089,671
892,809
All the donations and gifts in the prior year were unrestricted and restricted.
Prior year
Total Donations, Grants and
Legacies
A1
517,302
1,069,486
SOFA ref
Prior Year
Unrestricted
Funds
Prior Year
Restricted
Funds
2024
2024
£
£
Unrestricted
Funds
Restricted
Funds
2025
2025
£
£
SOFA ref
Unrestricted
Funds
Restricted
Funds
2024
£
2024
£		 SOFA ref Prior Year
Unrestricted
Funds
2024
£		 Prior Year
Restricted
Funds
2024
£		 Prior Year
Total Funds
2024
£
58,260
-
431,728
27,314
-
-
-		 449,765
-
601,715
18,006
-
-
-		 508,025
-
1,033,443
45,320
-
-
-
517,302 1,069,486 1,586,788
Unrestricted
Funds
2025
£		 Restricted
Funds
2025
£		 Current Year
Total Funds
2025
£		 Prior Year
Total Funds
2024
£
1,089,671 892,809 1,982,480 1,586,788
SOFA ref Unrestricted
Funds
2024
£		 Restricted
Funds
2024
£		 Prior Year
Total Funds
2024
£
517,302 1,069,486 1,586,788

27

RETHINK CHARITY

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

21 Expenditure on charitable activities - Direct spending

Current Year
SOFA ref
Gross wages and salaries - charitable
activities
Employers' NI - Charitable activities
Travel and Subsistence - Charitable
Activities
Training and welfare - staff
Total direct spending
B2a		 Current year
Unrestricted
Funds
2025
£
10,920
-
2,213
1,388		 Current year
Restricted
Funds
2025
£
10,919
-
2,213
1,387		 Current year
Total Funds
2025
£
21,839
-
4,426
2,775		 Prior Year
Total Funds
2024
£
1,968
-
202
-
2,170
14,521 14,519 29,040

All the expenditure in the prior year was unrestricted and restricted.

Prior Year
SOFA ref
Gross wages and salaries - charitable
activities
Employers' NI - Charitable activities
Travel and Subsistence - Charitable
Activities
Training and welfare - staff
Total direct spending
B2a		 Prior Year
Unrestricted
Funds
2024
£
984
-
101
-		 Prior Year
Restricted
Funds
2024
£
984
-
101
-		 Prior Year
Total Funds
2024
£
1,968
-
202
-
1,085 1,085 2,170

22 Expenditure on charitable activities- Grant funding of activities

Current Year
SOFA ref
Grants made to organisations
Total grantmaking costs
B2c		 Current year
Unrestricted
Funds
2025
£
1,068,295		 Current year
Restricted
Funds
2025
£
1,136,897		 Current year
Prior Year
Total Funds
Total Funds
2025
2024
£
£
2,205,192
456,554
1,068,295 1,136,897 2,205,192
456,554

28

RETHINK CHARITY

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

Breakdown of Grants made to organisations

Breakdown of Grants made to organisations Breakdown of Grants made to organisations Breakdown of Grants made to organisations Breakdown of Grants made to organisations
Current year
Current year
Current Year
SOFA ref
Unrestricted
Funds
Restricted
Funds
2025
2025
£
£
Emergency Reponse
826,751
14,402
Sponsorship
241,544
285,448
Infrastructure
-
669,902
Education Projects
-
-
Religious Observance
-
167,145
1,068,295
1,136,897
All the expenditure in the prior year was unrestricted and restricted.
Prior Year
Prior Year
Prior Year
SOFA ref
Unrestricted
Funds
Restricted
Funds
2024
2024
£
£
Grants made to organisations
76,571
379,983
Total grantmaking costs
B2c
76,571
379,983
All the expenditure in the prior year was unrestricted and restricted.
Breakdown of Grants made to organisations
Prior Year
Emergency Reponse
76,571
129,069
Sponsorship
-
-
Infrastructure
Education Projects
Religious Observance
-
-
-
231,459
-
19,455
76,571
379,983
SOFA ref
Prior Year
Unrestricted
Funds
Prior Year
Restricted
Funds
2024
2024
£
£		 Current year
Total Funds
2025
£
841,153
526,992
669,902
-
167,145
2,205,192
Prior Year
Total Funds
2024
£
456,554
456,554
SOFA ref Prior Year
Unrestricted
Funds
2024
£		 Prior Year
Restricted
Funds
2024
£		 Prior Year
Total Funds
2024
£
76,571
-
-
-
-		 129,069
-
231,459
-
19,455
379,983		 205,640
-
231,459
-
19,455
76,571 456,554

29

RETHINK CHARITY

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

23 Support costs for charitable activities

Support costs for charitable activities Support costs for charitable activities Support costs for charitable activities
Current year
Current year
Current Year
SOFA ref
Unrestricted
Funds
Restricted
Funds
2025
2025
£
£
Premises Expenses
Rent, Rates and water charges
2,228
2,227
Premises repairs, renewals and
maintenance
183
182
Administrative overheads
Telephone, fax and internet
112
111
Stationery and printing
85
85
Subscriptions to periodicals
18
17
Software licences and expenses
1,901
1,900
Liabilty and contents insurance
915
914
Sundry expenses
666
665
Professional fees paid to advisors other than the auditor or examiner
Accountancy fees other than
examination or audit fees
Consultancy fees
Financial costs
Bank charges
Depreciation & Amortisation in total for
the period
Support costs before reallocation
Total support costs - Current Year B2d
2,820
2,820
26,406
26,406
791
790
68
69
36,193
36,186
36,193
36,186		 Current year
Total Funds
2025
£
4,455
365
223
170
35
3,801
1,829
1,331		 Prior Year
Total Funds
2024
£
6,560
-
30
-
34
1,710
142
-
2,820
26,406
791
68		 2,820
26,406
790
69		 5,640
52,812
1,581
137		 2,400
40,858
295
137
36,193 36,186 72,379
72,379		 52,166
36,193 36,186 52,166

The basis of allocation of costs between activities is described under accounting policies

30

RETHINK CHARITY

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

Prior Year
SOFA ref
Premises Expenses
Rent, Rates and water charges
Premises repairs, renewals and
maintenance
Administrative overheads
Telephone, fax and internet
Stationery and printing
Subscriptions to periodicals
Software licences and expenses
Liabilty and contents insurance
Sundry expenses
Professional fees paid to advisors
Accountancy fees other than
examination or audit fees
Consultancy fees
Financial costs
Bank charges
Depreciation & Amortisation in total for
the period
Support costs before reallocation
Total support costs - Prior Year B2d		 Prior Year
Unrestricted
Funds
2024
£
3,280
-
15
-
17
855
71
-
1,200
20,429
148
68		 Prior Year
Restricted
Funds
2024
£
3,280
-
15
-
17
855
71
-
1,200
20,429
147
69		 Prior Year
Total Funds
2024
£
6,560
-
30
-
34
1,710
142
-
2,400
40,858
295
137
26,083 26,083 52,166
52,166
26,083 26,083

The basis of allocation of costs between activities is described under accounting policies

31

RETHINK CHARITY

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

24 Other Expenditure - Governance costs

Current Year
SOFA ref
Auditor's fees
Total Governance costs
B2e
Prior Year
SOFA ref
Auditor's fees
Total Governance costs
B2e
25 Total Charitable expenditure
Current Year
SOFA ref
Total direct spending
B2a
Total grantmaking costs
B2c
Total support costs
B2d
Total Governance costs
B2e
Total charitable expenditure
B2		 Current year
Current year
Current year
Prior Year
Unrestricted
Funds
Restricted
Funds
Total Funds
Total Funds
2025
2025
2025
2024
£
£
£
£
4,500
4,500
9,000
6,000
4,500
4,500
9,000
6,000
Prior Year
Prior Year
Prior Year
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
2024
2024
£
£
£
3,000
3,000
6,000
3,000
3,000
6,000
Current year
Current year
Current year
Prior Year
Unrestricted
Funds
Restricted
Funds
Total Funds
Total Funds
2025
2025
2025
2024
£
£
£
£
14,521
14,519
29,040
2,170
1,068,295
1,136,897
2,205,192
456,554
36,193
36,186
72,379
52,166
4,500
4,500
9,000
6,000
1,123,509
1,192,102
2,315,611
516,890

32

RETHINK CHARITY

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

Prior Year
SOFA ref
Total direct spending
B2a
Total grantmaking costs
B2c
Total support costs
B2d
Total Governance costs
B2e
Total charitable expenditure
B2		 Prior Year
Unrestricted
Funds
2024
£
1,085
76,571
26,083
3,000		 Prior Year
Restricted
Funds
Prior Year
Total Funds
2024
2024
£
£
1,085
2,170
379,983
456,554
26,083
52,166
3,000
6,000
106,739 410,151
516,890

26 Expenditure on raising funds and costs of investment management

Current Year
SOFA ref
Fundraising publicity & marketing
Cost of fundraising activities
Total fundraising costs
B1
Prior Year
SOFA ref
Fundraising publicity & marketing
Cost of fundraising activities
Total fundraising costs
B1		 Current year
Unrestricted
Funds
2025
£
21,630
-		 Current year
Restricted
Funds
2025
£
21,629
-		 Current year
Total Funds
Prior Year
Total Funds
2025
2024
£
£
43,259
5,755
-
4,000
21,630 21,629 43,259
9,755
Prior Year
Unrestricted
Funds
2024
£
2,877
4,000		 Prior Year
Restricted
Funds
2024
£
2,878
-		 Prior Year
Total Funds
2024
£
5,755
4,000
9,755
6,877 2,878

33

RETHINK CHARITY

Activity analysis of Income and expenditure for the year ended 31 March 2025

This analysis is classsified by activity and not by conventional nominal descriptions.

27 Analysis of income by activity

Analysis of income by activity
SOFA ref
Activity
Summary of Total Income, including the items above
Donations & Legacies
A1
Total income as shown in the SOFA
A		 2025
£
1,982,480
1,982,480		 2024
£
1,586,788
1,586,788

Activity

Summary of Total Income, including the items above

28 Analysis of charitable expenditure by activity

Activity

Charitable Donations
Direct costs
Premises expenses
Administrative overheads
Professional fees
Financial costs
Grantmaking costs
Total Charitable Donations
Emergency Reponse
Direct costs
Professional fees
Grantmaking costs
Total Emergency Reponse		 Direct
costs
2025
£
9,342
-
-
-
-
-
9,342
Direct
costs
2025
£
6,566
-
-
6,566		 Support
costs
2025
£
-
4,820
7,389
18,843
1,718
-		 Grant
funding of
activities
2025
£
-
-
-
-
-
529,681
529,681
Grant
funding of
activities
2025
£
-
-
838,464
838,464		 Total
2025
£
9,342
4,820
7,389
18,843
1,718
529,681
571,793
Total
2025
£
6,566
13,203
838,464
858,233		 Total
2024
£
694
6,560
1,916
12,615
432
-
32,770 22,217
Support
costs
2025
£
-
13,203
-		 Total
2024
£
492
10,215
205,640
13,203 216,347

34

RETHINK CHARITY

Activity analysis of Income and expenditure for the year ended 31 March 2025
Direct
costs
Support
costs
Grant
funding of
activities
2025
2025
2025
£
£
£
Infrastructure
Direct costs
6,566
-
-
Professional fees
-
13,203
-
Grantmaking costs
-
-
669,902
Total Infrastructure
6,566
13,203
669,902
Direct
costs
Support
costs
Grant
funding of
activities
2025
2025
2025
£
£
£
Religious Observance
Direct costs
Professional fees
Grantmaking costs
Total Religious Observance
Summary of charitable costs by activity
Direct
Support
Grant
costs
costs
funding of
activities
2025
2025
2025
£
£
£
Total Charitable Donations
9,342
32,770
529,681
Total Emergency Reponse
6,566
13,203
838,464
Total Infrastructure
6,566
13,203
669,902
Total Religious Observance
6,566
13,203
167,145
Total Governance costs as detailed in
Note 24
-
9,000
-
Total charitable expenditure
29,040
81,379
2,205,192
6,566
-
-
-
13,203
-
-
-
167,145
6,566
13,203
167,145		 Activity analysis of Income and expenditure for the year ended 31 March 2025
Direct
costs
Support
costs
Grant
funding of
activities
2025
2025
2025
£
£
£
Infrastructure
Direct costs
6,566
-
-
Professional fees
-
13,203
-
Grantmaking costs
-
-
669,902
Total Infrastructure
6,566
13,203
669,902
Direct
costs
Support
costs
Grant
funding of
activities
2025
2025
2025
£
£
£
Religious Observance
Direct costs
Professional fees
Grantmaking costs
Total Religious Observance
Summary of charitable costs by activity
Direct
Support
Grant
costs
costs
funding of
activities
2025
2025
2025
£
£
£
Total Charitable Donations
9,342
32,770
529,681
Total Emergency Reponse
6,566
13,203
838,464
Total Infrastructure
6,566
13,203
669,902
Total Religious Observance
6,566
13,203
167,145
Total Governance costs as detailed in
Note 24
-
9,000
-
Total charitable expenditure
29,040
81,379
2,205,192
6,566
-
-
-
13,203
-
-
-
167,145
6,566
13,203
167,145		 Activity analysis of Income and expenditure for the year ended 31 March 2025
Direct
costs
Support
costs
Grant
funding of
activities
2025
2025
2025
£
£
£
Infrastructure
Direct costs
6,566
-
-
Professional fees
-
13,203
-
Grantmaking costs
-
-
669,902
Total Infrastructure
6,566
13,203
669,902
Direct
costs
Support
costs
Grant
funding of
activities
2025
2025
2025
£
£
£
Religious Observance
Direct costs
Professional fees
Grantmaking costs
Total Religious Observance
Summary of charitable costs by activity
Direct
Support
Grant
costs
costs
funding of
activities
2025
2025
2025
£
£
£
Total Charitable Donations
9,342
32,770
529,681
Total Emergency Reponse
6,566
13,203
838,464
Total Infrastructure
6,566
13,203
669,902
Total Religious Observance
6,566
13,203
167,145
Total Governance costs as detailed in
Note 24
-
9,000
-
Total charitable expenditure
29,040
81,379
2,205,192
6,566
-
-
-
13,203
-
-
-
167,145
6,566
13,203
167,145		 Activity analysis of Income and expenditure for the year ended 31 March 2025
Direct
costs
Support
costs
Grant
funding of
activities
2025
2025
2025
£
£
£
Infrastructure
Direct costs
6,566
-
-
Professional fees
-
13,203
-
Grantmaking costs
-
-
669,902
Total Infrastructure
6,566
13,203
669,902
Direct
costs
Support
costs
Grant
funding of
activities
2025
2025
2025
£
£
£
Religious Observance
Direct costs
Professional fees
Grantmaking costs
Total Religious Observance
Summary of charitable costs by activity
Direct
Support
Grant
costs
costs
funding of
activities
2025
2025
2025
£
£
£
Total Charitable Donations
9,342
32,770
529,681
Total Emergency Reponse
6,566
13,203
838,464
Total Infrastructure
6,566
13,203
669,902
Total Religious Observance
6,566
13,203
167,145
Total Governance costs as detailed in
Note 24
-
9,000
-
Total charitable expenditure
29,040
81,379
2,205,192
6,566
-
-
-
13,203
-
-
-
167,145
6,566
13,203
167,145		 Total
2025
£
6,566
13,203
669,902
689,671
Total
2025
£		 Total
2024
£
492
10,214
231,459
13,203 242,165
Support
costs
2025
£		 Total
2024
£
6,566
-
-
6,566		 -
13,203
-		 -
-
167,145
167,145		 6,566
13,203
167,145
186,914		 492
10,214
19,455
13,203 30,161
Support
costs
2025
£
32,770
13,203
13,203
13,203
9,000
81,379		 Grant
funding of
activities
2025
£
529,681
838,464
669,902
167,145
-
2,205,192		 Total
2025
£
571,793
858,233
689,671
186,914
9,000
2,315,611		 Total
2024
£
22,217
216,347
242,165
30,161
6,000
516,890

The basis of allocation of costs between activities is described under accounting policies

The breakdown of this expenditure by type of spending (ie nominal classification) is detailed in note 25

35

RETHINK CHARITY

Activity analysis of Income and expenditure for the year ended 31 March 2025

Analysis of support and governance costs by charitable activities

Activity
Charitable Donations
Emergency Reponse
Infrastructure
Religious Observance
Grand Total		 Governance
9,000
-
-
-
9,000		 Finance
1,718
-
-
-
1,718		 Human
Resources
-
-
-
-
-		 Other
Overheads
31,052
13,203
13,203
13,203
70,661		 Total
41,770
13,203
13,203
13,203
81,379

Summary of grant making by activity

Charitable Donations
Emergency Reponse
Infrastructure
Religious Observance		 Grants to
institutions
2025
£
838,464
669,902
167,145
1,675,511
-		 Grants to
individuals
2025
£
-
-
-
529,681		 Support
costs
2025
£
-
-
-
-		 Total
2025
£
838,464
669,902
167,145
2,205,192
529,681		 Total
2024
£
205,640
231,459
19,455
456,554
-
529,681 -

Fuller details of grants made and related costs, including support costs, are shown in note 22.

29 Analysis of non charitable expenditure by activity

Activity

Fundraising activities Direct fundraising costs Total costs of Fundraising activities Governance costs

Other Expenditure - Governance costs as detailed in Note 24

Fundraising
activities
2025
£
43,259
43,259
Governance
costs
2025
£
9,000		 Fundraising
activities
2024
£
9,755
9,755
Governance
costs
2024
£
6,000

36