COMPANY NUMBER.. 0154676 REGISTERED CHARITY NUMBER.. 209367 ATD FOURTH WORLD UMITED A company Ilmlted by guarnntae and not havlng a share capltal UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS YEAR ENDEO 31 Decomb&r 2024 RPG CROUCH CHAPMAN LLP Chartgr9(l Accountants 40 Grac8chur(* Strggt London EC3V OBT
I)rall Enwbp8 ID.. 8F68D57>ECCN95M78C-E6CCFC19)395 ATD FOURTH WORLD LIMITED FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 CONTENTS Referenco and &lmlni8tratNe Infomwtlon Page 1 Report of the dlrectors Page 2-13 Indondent examin6rf$ report Page 1¥15 Statement of Flnanclal Acti1183 Page 16 8al8nce sheot Page 17 statomont of Ca6h Flows P8g6 18 Notes to the tlnandal statements Pagg 1
Drxusvjn Efik) ID.. BF88D57WCW8E5CCFclgO39s ATD FOURTH WORLD LIMITED REFERENCE AND ADMINISTRATIVE INFORMATION ST AS AT 31 DECEMBER 2024 DIRECTORS: L. Barker C. Dowes {re81gn8d on 18.06.20241 Gupta Irgsigned on 18.06.2024) S. Haworth (Chairl E.Knibbs lappointod on 10.12.2024) T. Mason Ireglgned on 18.03.20251 T. Mayes Ire8igned on 18.06.2024) K. Roelen (appointed on 10.12.2024) G. Trivedl l. Whltefoot (Treasurer) Wln (resn0 on 18.06.2024> SECRETARY: T. Croft REGISTERED OFFICE AND PRINCIPAL ADDRESS: 48 Addlngton SgU8rn London SE5 7L8 COMPANY NUMBER: 00654876 REGISTERED CHARITh NUMBER.. 209367 INDEPENDENT EXAMINER: Jer8my Tyrydl RPG Crouch Chapman LLP 40 Gracechurch Street London EC3V OBT BANKERS National Westminster Bank PIC Camberwall Branth 70 Danmath Hlll London SE5 8TT CAF Bank Llmit8d PO Box 289 West Malling Kent ME194TA Poge 1
UlligTh Env8k)p8 ID.. 8F68D57>5CC&4954-878C-EBCCFC1Y95 ATD FOURTH WORLD LIMITED REPORT OF THE DIRECTORS Th8 dlrectors prgsgnt their annual rgport together th tho financSal statements of the company for the yoar 1 January 2024 10 31 December 2024. Thè Annual report $8iwes the purpos88 of both a Tru8teo8' port and a dire¢tors' report undgr company law. Th8 diractofs cfjnfirm that th8 Annual report and flnanclal ststemenls of ihe company comply wllh the current stalulory requirements, the requirements of the companys govemlng document ond the provlslons of the Statemgnl of Recommended Practico ISORPI applicable to charities preparfng Ihelr accounlB In ac¢x)rdan¢o wllh the Financlal Reporting Standard applicable in the UK and Rèpubllc of Ireland IFRS1021 (effective 1 January 20191. Slnce the comp•ny qualifie8 as sm911 und¢r 8ectlon 382 of tho Companlos Act 2006. the Slr4tOglc report requlred of mluM and large Gompanl88 under the Comp8ni88 Act 2006 Istralgglc Report and DlrectOT8' Report) Rogulauons 2013 has boon omittod. The direGtor8 conffim that tho Charlty Commi8slon'8 g8neral gubdan¢a on publ1¢ bènefit ha8 beon oonslder6d In relatlon to the aim8 of the Charity- Th8 report sets out these alm$ and ob19cla& and d68cribe8 how thoy have beén mot In the Gurronl year. PRINCIPAL ACTIVITY The companys m8ln oblacuve Is to PrOde rellef lor famllle8 In need of T8Cup8raon arKI rehabllliatlon by reason of thelr povety or from soclav aconomlc clr¢um8tances through provision of regldentlal and non.r8sldtsna1 eentreB and othèr actlvllg8 da8rnod nece88ary to advanco the w811-being of suGh families. The compan$ actlvlty18 concentralad on the rellaf of poverty in the Unitsd Kingdom, opgrating m8lnly from tsvo rAntra8. 48 Addlnglon Square In London and Fdmhurst Famlly House in Surrey. both of whiGh ara provided rent free by ATD Fourth World TnASt, an Indèpendent Qhorlty. The company does not provlde finonryal support to IndIdUal8 but works along81de peoplo expedendng perslslent povety to undertake family support prolgcts and lo glve them a volce to change 8nd InfluenGo the work of pollcy maker5 and prgclitioners In the Social SeThlces ond Govemmont. The comp8ny'8 approach18 lo faclllt8te tha particlpallon of people from a background of rp)verty In the plannlng, carng out and evaluatlon of these projects. STRUCTURE, GOVERNANCE AND MANAGEMENT The company was Sncorpor8tgd on 30th March 1960 and is govemed by the Mamorandum of Association and Articles of AssorAalion dated 30 March 1960, last ammended 6 March 2018. It l¥ a registered chartty, number 209367. 8nd a reglstsrad company, numbor 00654676. Page 2
rknjsbn Envelope ID.. 8F68D51WCB4W-878C-ESCGFC19D395 ATD FOURTH WORLD LIMITED REPORT OF THE DIRECTORS - continued Director8 L. Barker A. Gupta Ires5gnod on 18.08.20241 E.Knibbs {appointed on 10.12.20241 T. TrAayes (resigned on 18.06.2024) G. Tdvedl C. Davies (resigned on 18.06.2024) S. Haworth (Ch8irl T. Mason (resigned on 18.03.20251 K. Roel8n (appointed on 10.12.20241 A. Wln IsIgned on 18.06.20241 l. Whitgfool The dlrector8 are elected by the momb8r8 8t the annu81 gen8ral meatlng and by fellow dSrector8 durtng th8 ye8r. Th• chartty's main financlal rlsk18 tho p0881blllty of bélng unabl8 to obtaln 8uffi¢i$nt fundlng to 8nabla11 to contlnug lo fulfill its obJ'ectiveB. Th8 rfsk l¥ bolng addre8$od by 8n8udng that good rglation8 are malntalned wlth actual arKI potentlal grantor5 and by conllnually Seeklng new Gour of funding. Progr9ss In mlnlmlslng this rl$k18 d8talle(l in the Re8erves Pollcy Statemont on page 11 . Other fln8nGi•l sks ara 8ddre888d through In8urance covor and by annually reviewed flnanci81 control8. Other rfskts are covered by having effectlve pollcles and procedures In place 88feguardlng children and vulnerable adults, he8llh ond 98fety, 8tC. 8nd by havlng 8 board of directors wllh exper1er? and compolonce whlch meots rggularly to Supe80 all #8pects of the charfV8 work. The tharity'8 8enlor Staff team changed In 2024, and o eW of the 8tratsglc goal8, Inclusive govemance pollw. and the orgonisallen's d8y-tO-day management 81ruclure was undertoken. Th16 revlew, led by the Chalr, was 0)mpleled on 18 M8y 2024 ond has en8bled the chadty to conduct smooth translllon al 8enlor management leval by equlppirtg Ihe new tO8m th renewed 8tr8tggi¢ prforitie8 vthlch have beon ljoth confi0d by the Board 8nd Infomwd by the charftys 8takehold8rn, $18keholder8. REVIEW OF ACTIVITIES AND FINANCIAL RESULTS 2024 Durfng tha 12 month5 tha company has activ¢ly pursued 115 Chatable actlvttle8 and t1• was 8 d8ficit of £24,42412023: a surplu8 of £27.9281 as shown in the Statement of Fin8nciBI AcUvltSas on page 16 c these financlal statements. Pro)eGls that Involvo prnwdlng support lo famlligs limng In perslslent poverty have continugd io be carried out Irom bolh the London headquartBTS and Frimhurst Family House ATD Fourth W¢xld actions and projects In 2024 contlnuad lo develop and Bvolv8 In der to remain ralevanl to th8 most vulnerable and excluded f8milies. Page 3
Dopjiign &vebpe ID.. 8F68D57>5CC8495M7scCFC11Yj595 ATD FOURTH WORLD LIMITED REPORT OF THE DIRECTORS - conlinued ATD FOURTH WORLD 18 a human Tlghls ba8e(1 8ntl-poverty orgon188llon. dgdlGated to tad(ling Inequallty and promoUng so(aal justic8 in the UK. OUR VISION is of a worfd thOut persistent poverty, where ev8ryone18 valued, can paruclpale fully In 50cl8ty and fulfil th8lr pot6ntlal. OUR MISSION i¥ to bulld a n8ts¥ork of people, groups and 0ry8nlsadons commltteo to ovorcoming p8r61stent Povgty. OUR AIMS are to support famili and Individual$ livlng In persistent pov8ty. to get through Ime8 of cd818 to pursue their gogls and aspIrnOnS to develop thelr sklll$, (a)nfld•nce arKI knowledge and brfng them tO9glhgr wlth other members of lh6 publlc, Including pmf08sionals. acedemlcs, and )Ilwmaker8: to ralse awarene8$ ol per818tent pwty to counter proludlce and di8crlminAdon to Improvo policy and practice OUR VALUES Reaching th& hardg8t to reach.. Many tsrget-led 8eNlces fall to reach the m08t dls8(fvantsged People. We bellove that lamllles and indIdUal8 who have the MBI dlfficult Ilve8 hold Ihe key to understandlng and overcomlng por8i8t6nt poverty. Thoy are at the hoart of 8verythlng we do. Taklng people 80rfouY.' When paople arg In dlfflculty. the fo¢u8 18 often on thelr problems or pgrthved 8hortcomlng8. Our approach 18 io CanIse the 8trgngth, d8lemiingUon aThl rBsourcefulne$s11 takes to lugt get by. We bulld on tho ImporfAnt role8 p8opla play In thoir famlly and ojrnmunlty and 8UPPOrt them to realise Ihelr dream8 and a5plraUon8. A long-tgrnl commttm8nl: Whoro0$ per818tent pmty18 enduring. complex and deeprooted. much of Ihe support society offers Is 3hort-t8rm, narrow and rgsulls ddvgn. Wo are commltted to gCwmpanno people over the long run, mowno forward wllh them at th8lr own pace 8nd bulldlng our projects around their hope8 and ambitionB. Giving people a voice.. Th8 soci0-po1co[ debate on poverty r8r8ly IncludBS those who ore th8 m08t affoctsd. even Ihough Ihelr krbowledge and insight18 vitsl. We belleve tho1 everyon8'8 voicè matters and that people livlng in parslstent povoty should hav8 the chance lo speak out on i$8Ue8 that ¢on¢em them. WorkSng collaborntively: We arg not a tradltional seNce proder. Thè ATD Fourth Wodd rx)mmunity Indude fvll-time core workers, farnilies liwng in pgrsislenl povgrty, supporters and volunteer8. Al are encour#gèd to get involved in every a8pect of what we do, from project planning to evaluation. from fun&T8islng to Campaigning. from admlnistration io governonco. Page 4
Dorwn Env8bpe ID.. 8F6BD57>SCC84954478C-E5CCFC190395 ATD FOURTH WORLD LIMITED REPORT OF THE DIRECTORS - continued OUR MAIN AcfioNS AND PROJECTS CARRIED OUT IN 2024 Thg maln prolects undertaken in the year are shown In note 17 of these financlol ststements and fijrther details of the88 8Ctivi11gs are de8crlbed in the oJmpanVs Annual Re¥Aew, whlGh18 3ent lo supportèrs. All actIlIeS contsnue to be BupaNl8ed by the Board of Dlrectors at regular Board meetlrrfJs held fivè tlmes in the yaar. through the recelpt of rogular flnancl81 and actl7Ity reports and by diSsSIOn wllh management. Thg dir¢¢th also hold an onnual away day. nd Peer S rtPro r8m Today, famlllos axpef6enclng persl8t8nt povety and sodal 8xclusion In th8 UK need more 8UPPOrt than ever to ensure thelr well-b91ng and prode a b8lter future for their chlldren. The challenges faced by these famlll88 are complex. Includlng.. poor hg91th- Inadequate houslng with littie acces8 to rgcreallon., Igck of regular or d8c8nt employment,. finonci81 em8rgand85 oftan Ilnked to debt or housing arrears,. and a lack of opportunille8 for educational and cultural development. Our fog8th6r In Dignity programme promotes well-belng, community gnd agency by offering Indlvldual¥ ond famlll98 OPPOrtunitles for r¢st and recup8raUon, the chonce to conlrfbule lo voluntary 8clion, as well 88 to beneflt from 8olldarlty and idvoescy In tlmgs of crlsls. Thls programmo incorporates iwo projects grouplno dmforent a¢tlon8. ect Outreac eer Su ATD Fourth Wortd bellevgs that a kéy compongnl lthvard8 ovgro)ming poverty Is to 8nc4)urago famlll88 Ilvlng In lonfrlem povety to engag8 In communlty Ilfe and lo acce88 8ervic89 offering opproprlate 5UPPOrt. Central to 8¢hlevlng Ihl8 go81 IB a commltrnenl lo reaching the hardast to reach famllies and recognlsing the roles they 81ready play In Ihelr nelghbourhood8 and communSlles, accompanylng them through ¢rlsi6 and 8trewthenirwJ thdr 8UPPOrt norkS. Uslng a famlly-18d approach, w8 help profevJional ag&ncle8 engagè b8tt8r wbth the remS of parénts and children and Increa56 families. access lo local 8UPPOrt services as w911 as 80clal ond cultural 8Ctlvltles. Al Ihe 88rne bm6. we Introduce famili85 to ATD Fourth Worfd's family netsvork, whlch provtde8 solldarity, advice and underslandlng from er8 who havg faced many of the same 8truggl6$. Our Communty Outreach and Peer Support proj9Ct tackles the 18suey th818urround perslslent tM)Vgty and social ox¢lusion. 8uc* as hgavy-handed social $8Tvice intep48ntion8, a kyJnlUve benefits 5yStom. Ilmlted employmènt opportunlknes, ond i601alion and lonellne8S. When you gel support from A TD Fourth Worfd. you r8 In a rg18tlonshlp wlth 8 whole bunch of other people. tt lasts b8caus8 A TD bellev8s that families have hugo potenti81 and thgt they might nol have had the ch8nces orthe opportunllles In tho p8St but. glven those. thlngs Can happ8n." Page 5
En¥dop• ID.. 8F65D57wc84064-B78C-E5CCFC190395 ATD FOURTH WORLO LIMITED REPORT OF THE DIRECTORS - continued This year our focu8 has begn on reachlng and engaglng wth new families wilh young children {Infants and primary school age) in the London borough of Soulhwark and in the borough of Surrey Heath. Elgven nèw famllles have been inlrc#Juced to the ATD family network since 2021, through referrnlg vl8 partnerships wilh other organlsallons ISouthwaTk Parents and Communlties Togethor and Surrey Heath Homgs Slartl, as well as through peer referrals from existing member8 of our n8Nvork. Our team are wtyklNJ on regular basls wlih around nty-five famili88. Our Gg¢Lrfng Away From tt project 8lriv88 lo offer familles and adult8 Um• away frorn the day-104ay pressures and anxieties of a Ilfe in povorty as well as on opp)rtunty lo share axperlence8. Strengthen relallon8hlps and form new frndShips, The residenllal break8 at Frimhurst Family Hou¥e in Surrey, hand4nvh8nd with colèbratory evgnts 8uch as our Summer Famlly Fun Day and Christma8 paty, anable famlllos to Invest In 8Gtivitle8 and work8hop8 togelher 8long81do oth8r8 In 81mllar 811uallons and once agaln feel part of 8 wlder communlty. Provldlng posltlve eXrIenCeS for chlldron. young people and f8mllles can. In Ilnk wlth other a8p8cts of our Family Suppori Programme, as a foundation lor Ihe longer-temi relaOnShIpS necessary to tackle th& mor6 thallenglng iSBue8 facad by fam111. Set In Its own woodland grounds. Fdmhurst Famlly House 1$ 8 modemised, Vlctorian manor house bo88llng facIlle8 8uch as a Ilbrary. an art studS0. g#ma8 rcom, nursèry, computer sulte and four purp08e. built famlly apartments. 'Once you get to Frlrnhurst 8nd you se8 th8 open grounds and grnenery. you're totally relaxed. Youtro leftyourprobloms behlnd for8 lthle whll6. Its 8 chance to rech8rgo the battorfes,. lor the chlldren lo play 8nd forthg parents not to wory al)oul Ihefn. It's an opportunlty to spend quality as 8 f8mlly.' In 2024, we continued welcoming famili9¥ or groups of isolatèd adults to Frfmhursl for residentlal wel b8lng breaks and day-trip outings,. five family well-being breaks. tsyo odult well-being brgoks, and IhT99 days Out took place al Frimhurst or London over the course of the year. Eleven well-belng days for famllle8 end nine well-belng days forlsolaled adults look place 8t Addlngton Squar8 in London. Flnally. V•P ran a monthly communlty well-being group In FellhBm and, a fortnighlly well-bging day at Frlmhurst for a5uM seoker families accommodated 81 the Lakesld¢ Centre In Frlmley Green. Page 6
Enveknpe ID." aF687&scGB4g5478¢-E5CcFcl$O38S ATD FOURTH WORLD LIMITED REPORT OF THE DIRECTORS - conunued Partici The Giving Povety 8 Volce - Policy, PartldpaUon and Tralnlng Programme IGPAVI empow8rs people in poverty to build thelr knowledge and express Ihelr Ide88 on Issues that affect them. By prowdlng people Mth Ihg confidence and skills with which to Campaign and speak out publlcly. the programme bulld8 indlvidual and collecuve activism. Together. our actlvlsts work our allies in the antl-povaty, human rights and soclal work field$ to Influence res8arch, policy and practice by engaging, through 8 partScipalory approach, wth academlcs. poliw-rnakers and practition8rs in Ihe publlc debate on flnding solutions to povèty. The programme 18 clps of three prolacts: Undgrstandlng Povoty, Povety Experts and th8 Rlght ¢0 F8mlly Llle. LI Tho Unt1818d1ng Povoty project alms to cnate 8 Poor neork of communlty act1tI 1 lived exparfènce of povoty #nd equlp Ihem wth the knowledge, 8kllls and confldence to 8h8rè thalr Individual and ¢J)Ilectivo knoYAodg8 in the wbliG debate on povaty. Using partlclpatory methodologl88. we help partlclpants to explore the IysLr89 Ihat affect them In thglr dally Ilve8 and lo ¢onnect thelr knowledge and experlenca to current debates in policy, re888rch and practice. Th8 project provldes partlcipanl8 ¥th opportunltl08 to meet, thlnk and traln wSth thelr peer•, thus creatfing a poor 8UPPOrt nork which strengthens Ihglr Indlvidual and colloclve volco. Thls year saw hold three resld8nll81 B88slon8 and ona norfrre8ld9ntlal 8e881on for a group of glghteen ATD Fourth World act1$ts wSlh Ilved exp&rfence of poverty. These 888slons. for 8cllv181 development and cap8clty bulldlng, had 8 partlcular focus this year on 8lrenglh8nSng Ihg group's ccnfllct r8801U0n 8klll¥, examlnlng povgty and racl8m, 8nd Idenlfying the Ybngerprlnts" pul by aach individual actlvisl on GPAV. Fifteen people took part regularly In Underst8ndlng Poverty monthly meetings in London, which 88rve lo intrcduce new partlclp8nls to the progromme. These thematic meetlngs took placa 10 lim88 durfng the year, Including a serles about'8veryday dghts" funded by 8 gr8nl from Amnesty Intemational UK. Three GPAV particlponts 8180 trjok part in ragular on-lina meetings lo develop the Addre991ng Povety with Lived Experlence IAPLEI Collectlve, wthore ATD Fourth World is a founding member 8nd wher8 vo GPAV participants are now board members. Tho Collectlve Is an inlllalive lo amplify the voice of lived 8xperfgnca led gra55 roots anti-F>overty charities. We hoslod one In-pBrson $8sslon lor APLE members at Frimhurst in June. Thank5 ID partiapalion in APLE, we a130 recoived fijndlng to bring five GPAV participants to an event run by tha Wales Centre for Public Policy and Save the Children. Th18 event, prepored ty Yng people, Is now connected lo GPAV'S Youth Voices prolect. Paga 7
DoLLvvJn Envekpè ID.. 8F68D67&5CC8495447BCESCCFC190396 ATD FOURTH WORLD LIMITED REPORT OF THE DIRECTORS - continued Six ATD acti818 have ¢onliMad on a steering group for a project on promotlng a rights&ased understsndlng of poverty run jolntly with Just Falr, Amnesty Intsmalional, and the University of Essex Human Rights Centre. Thls project grgw in 2023 to become the Growing Rights Instead of Povety Partn8rtshlp {GRIPP httyJs'.Ilgripp.org.uklabout-usll %thich bring8 togethgr 86ver81 organi8alSons to mobilise around the 7th United Nations Review of the UK'5 P8rformance os a slgnatory of the United Nali¢)n8 Inlamational Covenant on Economic. Social and Cultural Rlghts IICESCRI. Within GRIPP, one ATD actlvi81 hgs bean part of tha 'Twnk' group. which is like the trunk of a Ire6 as the plac8 for V•Y)rklng on fin8nce8, complian¢o, accountability, èvaluallon and r8sponsibilities. Thi$ group r8fiect8.' Fc* tha flr8t tlma th18 yaar, we hostgd an In-person rnsldentlal for the Parents Fami1168 and A119A Nefvrk IPFANI. provldlng an opportunlty for bulldlng ¢onnedon8, Strèngthgning poer 8UPPOrt, laklng stock of achiov¢mants, and planning future events. 4-Pove lo s of Povo Thg goal of our Poverty Expert$ project 18 to créat8 and promota parucipalory opportunid88 aNI plafforms for activi8ls with lived èxperlgncg of povety to engage In the public d6b8ta around povaty. Thg 1n aims ar8 to increase public underslandlng of the Issue8, and lo Influence oplnlon. The prolect tsrgets tho gonoral publlc, as well as speclflc 8udlenco5 Involved In the pollcy, practlc8 and r8sear¢h flelds vkno wlsh to deepen Ihelr undèrstanding of povety and partlclpauon. Poverty Experts 8n8bl88 pgrticlpanl8 to demonstralo dlrècuy the value and aflectivene88 of INed expadence In th8 388rcn for solullons lo povety. The Poverty Exp&rts pToloct bjllds on the 5UCC888 of The Roles We Play. whlch Sponr tan years. Partidpant8 worked hand in hand with 188m members to de8lgn, coordlnale, condud, and evaluate project lo ch8ll0ng8 stereotyp8s about people in pov8ty. Involvem8nt In The Roles We Play all¢)wed m8ny ATD Fourth World acllvists with Ilved expgrienc8 of poverty to bulld coro skllls In publlc speaking. and workshop f8cllltaUon. culmlnatin9 in roles Such as p8nelli¥ls, medlalors, and faulStalor¥ al some of our largest publlc 8v8nt8. "I was SInk by how strongly pgopl8 In poverty spoke about the importance of ownlng thgir image, tho impèrt ofh8vlng limtted Inpul Into how they arn wrltten o1)oul fin the medl81 and how disgmpowerlng an xperience Ihls Is. This workshop mede me Ihlnk much ntorn 8bout partlclpabon 8nd the diiference it m8kes allowlng th8 SP8C8 and tlme for people to have full ownershlp and lo Shine so brtghlly Ihrouqh dolnq so.. In 2024. notable achlevements came from the national Lev8 End Povety Campaign for which 8 GPAV activist contributed a pefsonal letter to a"Dear Prime Minisl8rf' booklet. This was launched at an event In the House of Lords and then delivered to 10 Downlng Stregt where delegates met with the Director of the Prime Minlslels Partnerships Unll. It was also as pert of Ihls Campaign that GPAV activists exhiblted their Yhe Power of Crgativiv exhSbilion in Camden and V&Èr6 filmed for a 'Nelghbourhood Volces. video S8e8. Page 8
Do(wign Envdope10: 8F68D57&5CC84954-878C-E5CCFC19D395 ATD FOURTH WORLD LIMITED REPORT OF THE DIRECTORS - contlnued Pro ect5-Ri ht t Famll Life- In the tection s stem ATO Fourth Wortd's Right to FanlY LM8 prolect seek8 to bring famllles living in poverty, together with a¢2demlcs and soaal work pradlloners through a ser168 of plattom8 for dlalogue that refloct the ne8ds and coficems ol seNce users while exploring innovative new ideag and proposa18 for change coming from tho80 worklng sn the child protecuon systam. with Iho volces and thlnking of famllS8s with experfence of soThal S8Ce intorventlon at the fore, the pectI5 based on three dlstinct bul complimentary actlons. 11 A half4lay povgtywaW8re-pr8ctice workshop, dellvered with the actlvg participation of parents wth oxp8rfence of social Ser¢6 InlgNention. examines how povety affects famllles and social work pracb'¢è and18 aimed at neWlyuallfiOd social work8rs or final year SO01 work students. The wc*k8hop Snteradively explores the mulli4lmen8lonal natur8 of povety And encouroge8 rafioctivo prxtlca a8 part of 8 poslllvo dlalogug with practitioner¥ and Btudents. 21 Sodal work Study groups brlng tooother 8cadgmlc8, 80dal workers. parents ond profe881onal8 In the soclol Gore 8nd legal flgld8 lo d18CU88 and debate key Issues faced by 80cial woth. In coveflng toplcs such as the rel8tlon¥hlp bèts¥een povoty and 8h8mg. the Impact of material deprlvation upon social work pracllcg and the politlc3 of recognillon 8nd re8P8Ct. the fomiat 8erv88 to broadan per8pecbvo8 and deapen thinking using ATD Fourth World's Merglng of Knowledgo approach. 31 We also engage wllh the wlder $¢xlal work and legal fields through pre8enl8tions at conference8, conlrtbutlng to ongolng researth and hng artld88 based I our work publlshed by re3PeCted ac8demicloum815. In 2024, we ran antl-povety pradce workshops for s¢xi81 work students al Royal Holloway Unlvorslty of London and Bimiingham Unlver8ity. and for In-pr8ce soclal workers In the local authority of Dudley. In addition, we ran anli-poverty pra1 workshops for.. .doctoral students in clinlcal psychology al the Unlversity of Herfordshiro., 'an ac8demic rarCh team at the Opon Unlversity., .Ihe stsff ol Tru¥sell., •and for a GRIPP ovenl including staff from Amnesty, Just Falr, and the Unlver81ty of E88ex. Our 2022-24 study group ser588 concluded wilh three tJVO-dgy sessi5, covering 'the way forward., 0> prixlucing an 8rtlcle for the Joumal of Ethics and Sociol Walfare, and agreelng on the content of 8 submission to the 7th Unlled Natlons Revlew of th8 UK'5 performance as 8 slgnatory of the United Nations Intemational Covenant on Economlc, Social and Cultural Rights {ICESCRI. Paga 9
DSign ErNeltw ID.. 8F68D57&5CC84954478C-ESC¢FC1W395 ATD FOURTH WORLD LIMITED REPORT OF THE DIRECTORS - conllnued In addlllon, 8 2021-2022 pect about modemislng adoption led by the Nuffield F8mlly Jusllce Observatory wth participation by three GPAV activists has now led Sir Andrew McFarfan8. of the Court8 and Trlbuna18 Judiciary. to be COnnce that adoptions must no longv)r te c108ed, somethlng he Stra0d in recent speeches. Our 2022-24 study group saries concluded wth threo Iwo-day 888slons. covedng 'ihe way forward., co- producing an artlcle for the Journal of Ethics and Social Weware, and agreelng on the content of a subm1851on lo the 7th Unlted Natlons Re8W of the UK'S perform09 as 8 8ign810ry ol the Unlled N81ions Internallonal Covenant on Economlc, Social and Cultural RSghts IICESCRI. In addltion. a 2021-2022 project 8boul modernising adoption led by the Nuffield Famlly Ju$llce Ob$ervÈlory ¥th participation by thr88 GPAV acllmsts h88 nowlgd Slr Andrew McFartane, of the Court8 and Tribunals Judiciary, lo bo convinced Ihal adoptlon8 muBt no longer ba dosed, 60methity he Btr8658d In recent spe¢ché8. Our volunteèrfng Saw more than 4500 volunl8erlng hour8 recorded for the ch8rity In 2024 by over 50 indNidua15 and half a dozen dlfferenl groups. The Source of volunloors was dlversg induding- regular weakly voluntegriNJ,' FrSmhurs1 Communlty volunleedno group: And company volunloerbng days. Among thè ts8k8 completad were-. lmns18on and tran8crfblng; admlnistrallon., grounds work,. bulldlngs maintenance,. palnllng and decoratlon,. gardoning,. support for fundrai81ng ovont., and runnlng Grgalive workshops durlng well-being br88ks. FUTURE PLANS na There ha8 bgen a roduction In poverty in the UK back lo pre-pandemlc 18v8ls but chlld h88 continued lo rfse ¥lighlly with three out of ten chlldren now living in poverty. {Figures tsken from th8 Joseph Rownlree Foundatlon Destllut(on in the UK 20231. We support individual families, helplng them to priDritise, and giving th&m space to rello¢t on, and spo8k abouL th8 dlfficultitis they face. The tharlty has demonstratgd success In developlng Ihe family outreach programme In new ways, working In partnershlp wtth others. We have embedded our inclusive govemance pollcy and have famlly member8 Involved al every level of the charity's strucbJres includirwJ on the board of dlreolots. in the National Leadership Team, 8nd in tho 8coping of our outreach and action programmes. We have made Significant conlrlbutions lo poverty r88earGh. policy development, and social worker training. We have made a submission to the UK Child Povety Task Force and wntributed to th8 govemmenl Consultation on the Wellbeing and Schools Bill. We have continued our work with university soaal policy departments and social worker nolworks to tr81n students in thelr flnal year. Famllles who have recelved our support in tho past contrfbuts Irom their experien of povety to prepare Iralnee sctlal workers for their futurè rol88. Page 10
Dowllign En¥olop8 ID.. 8Ffj8D57&5CC&4954-878CE5CCFC190395 ATD FOURTH WORLD LIMITED REPORT OF THE DIRECTORS - continued After a year In the post. the Nonal Leadgrship Team is further refining our goals for 2025-9 wllh th8 dlrectors, core teAm. allies. and famlly members. W8 8xpect to complete thls review at our annual Awayday in May and to pre8enl them to our board of diredoTS for approve in June. A signrficant part of this work has bg8n a comprehensive review of our personnel and propoty resources. As a result, some team members have agread to take on new roles. Others hav8 8tepped back In ordgr to relate or to ¢ombine work for u5 Wth academic search. We are in the process of adlusllng tha numbor of properties we manag8 In onler lo rellect new ways of working. Our fundryf81slng strategy ha8 been embedded across all programmes. T meUculous work of our flnance officer and budg8Ung team, with the support of the director overIng financo, has onabled our board of direthrs to monltor our finanGial 8ituaUon and plan ahead. During Ihl8 same time period. w8 also hope to find funding lo ¢trdeslgn particlp81ory research wllh the Framèwork8 Institute and On Road Modia l Heartl. This project, bullling on JRP¥ 'Talklng AboLrt Poverty In the UK, research, would look for the m¢)st effecllva w8yS to Influenc9 tha publlc about th6 Impact of povety on the rlght to famlty Ill8. Slmon Haworth look ¢)¥er a8 Ch8lr ol th8 8oard In 2024. He h8B made the ded61on to loln our c¢Ye team from 1 st May 2025 and 8 new Interim chair, lan WhllefooL wa8 approved In June 2025. Thls has been a y8ar of change bul con8ultats.on and clèady defin8d rol83 have gnoblod u8 to r8struclure. The ablllty to adapt qulckly 8hown by tho ¢or8 tsam, long standing famlly mèmber8, and 8UPPOrters. has demon8tr81od re811ienca and commltsnanl In changlng clrcum8lance8. Wa have Mnlinu6d lo Inve81 Sn d8veloping our outreach 8trategy. It15 Imperative for ATD Fourth Worfd to contSnue lo me81 and engage th new famllie8 and indlvldu8ls struogllng wlth povety lodoy. We p18n to malntain and strengthen Ihls work over Iho comlng years. by reachlng out through dlverne prolects and eng89lrvJ In naw rela03h1ps wlth people who are Often laft behlnd. We 8180 plan to bulld on the local communlty netrrk based orwnd Frlmhurnt Famlly Housg and AddSnglon Square as avenues of outach. To this end, we alm to $lrengthen th8 Together in Dignlty team through recrultment and Irainlng a8 well as revamp thg monmorlng and ovaluallon plan for the programme. Th1$ wlll halp us lo d9monstrat8 the Imp8Gt of our work directly supporung famlll88 and attrac* new funders and donors to thè programm8. RESERVES POLICY To allow for the posslblllty of an unexpected r8ducdon or delay In the receipt of donations, the dlre¢tor8 consider it prudent for th8 charity to maintain reserves at a level whlch I11 all¢)w aclivty to continue, albgit on a reducad basis, while a sponSe to the Sltuatlon can bts con8ider8d and aclioned. Therefore. it is planned to estoblish r958rve8 sufficient to provide for the follo1ng expenditure in such a sltuation: Page 11
EDv8lopfr ID.. 8F68D57>5CC84954-87BCE5CCFC190395 ATD FOURTH WORLD LIMITED REPORT OF THE DIRECTORS - continued the costs of keeplng open the tsvo pfopgrlles whlch are ossèntlal to the cha8 actlvity such as rates, light. heat. phone, electriclty etG. for $lx monlhs ahgad the c08ts of malorials. tran8POrt atc. to enable already fund8d projèct3 to be complètsd the salaries ol key personnel for slx months ahead The reserve level n88ded for the above Is ¢urrenUy estlmatod to be £120.000. FINANCLAL REVIEW The charity's Income Is malnly derfved from grants and donallons whlch made up £441,11012023'. £485.6381 of its totsl incomlng resources of £503.20312023.. £543.4491. The Iwstse8 spenl £523,531 12023.. £511.7771 on charitable aclSvilies and £4,096 (2023.. £3,744) on fundr81slw, rgsulting in 8 doficlt of £24,424 (2023: 8 8urplu8 of £27.9281. At tha year 8nd, the thadty held fund8 of £147,02912023.. £171.4531, of whlch £133,83112023.' £158,898) wera attributable to unreslrfctad lunds and £13,198 (2023: £12.555} were attdbutsbla to restrictgd fund8. FUNDRAISING STANDARDS INFORMATION The charfty ra55es fund8 from the general publlc vla donatlon appeals on Its webstte. Donallons are recglved vla th8qu8 or dlrgGt doblv standlng ordgr. The charfty dogs not carry out any dlrect fundral8lng actfvlllas such as bucket collacUon8 U telomarkgtlng. STATEMENT OF GOING CONCERN The dlrector6 ho¥0 a68888ed the fln•ncial po8ltlon of the ¢ompany, Its ¢ash Ilows and It8 Ilquldfry posbtlon. UnTeslr5cted funds in the Gurrenl year amount to £133,831 {2023- £158,898). After reOwIng the cash balances and projected cash flows, the Ilreclors bellevo that the company ha8 adequate rg¥ource8 to contlnue operation8 for the fore88eable future belng nol1888 than 12monlhs from the dat6 of these flnanclal stalgments. Thu8, thgy contlnue to adopt the golng concem ba818 in proparfng the annual financial ststgments. STATEMENT OF DIRECTORS, RESPONSIBILITIES Company law requlres Ihe directors to prep8re flnanclal statèments for each financial year. which give truo and fair view of the stale of affair3 of the charfty and of the surplus or deficit of the charity for that pedod. In preparing these financial statement9, the dlrectors are rUIred to.. 8el8ct sullable accounllng pollcSes and then epply Ihgm consi5tenlly, observe the melhods and prlnclples in the Charfle8 SORP., make judgements and e8tlmetes that are reasonablo and prudent-, prepare the financial slalgment5 on the going concem b8sl8 unless it18 Inappropriala to presumg that th8 charity will continue in operation., state whether appllcable UK Accounllng Standards have b88n followed. sublecl to any materlal departures disdosed and explained in Ihe financial ststements. Page 12
DOcU9n EnY8k)w ID.. 8F68D57&5CC84954-878C-E5C(TG190395 ATD FOURTH WORLD LIMITED REPORT OF THE DIRECTORS - contsnuod STATEMENT OF OIRECTORS, RESPONSIBILITIES The dlractors are responsible for keeping prop8r accounllng reGord8 whlch disdose wlth reasonabla accuracy at any limo tho financial position of the charity and whlch enable them lo ansure Ihal th8 flnancial statements comply with th8 Companie$ Act 2006. They are a180 re8pon8lble for 8aleguarding the 89sets of Ihg tharlty and hence for tang reasonable stops for the provention and detection of fraud and Other irreguladlle6, The directOfB are responsible for tha malnt8nanco and Intsgrtty of the corporate and flnarKlal Informolion included on the compan& webslle. Logislallon In the Unlled Klngdom governlng the preparation and dSssemlnation of financ1al 81818ments and other Inlomalon InGlud8d In Dlrector8' reports may differ from18gislatiefi in other jurisdidion5. SMALL COMPANIES EXEMPTION The above mport ha8 been prapared In 8C(x)rdanc8 wlth 8pecl81 prothslon8 of Part 15 01 the Companle8 AGI 2006 relatbng to omo11 ¢omp8nl88. 48 Addlngton Square London SE5 7LB BY ORDER OF THE BOARD T. Croft SoGrot8ry Page 13
006w8lgn En¥01ow ID.. 8F68057>5CW954478C-ESCCFC190395 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ATD FOURTH WORLD LIMITED Ithe'companv) I rewt to tho charity Trustees on my examln•Uon of the account8 01 the company for the year ended 31 December 2024. Thls report 1$ made solely to the rA)mpanY8 Trustees. as a b¢Ay, In accordance with Part 4 01 tha Charities (Accounts and R8POrtsl Regulati$ 2008. My work has bgen undertakon so that I might stale to the companys Trustees those matters l am required to stste lo Ihem in an Indepandent examinorfs rèport 8nd for no other purp058. To tha fullest extant permitted by law. I do not accepl or 08sum8 responsibillty lo anyone olher thon the cc4npany and the companls Trustee8 BS a body, for my work or for Ihls rgPQrt. RESPONSIBILITIES AND BASIS OF REPORT A8 the Trustsès of the company {and its directors for the purposes of c(Jmpany law) you ar8 responsible for the pr8parallon of the accounts In accordance wlth the requlrements of the Companle8 Act 2006 (Ihe 2006 Acr). Havlng sotlsfigd myself that the accnunts of the company are not requlr8d lo b8 audllod under Part 16 of the 2006 Act and are eligiblo for ind8p8ndenl gxamln8tson, I report in respect of my examinallon of tho company's accounts carried out under section 145 of the Charlti68 Act 2011 Ilhe 2011 Artl. In Carng out my ex8mlnotl¢Jn I have followed Ihg DlrocUon6 glvan by the Charfty Comml8Jlon under sectlon 14515llbl of lh6 2011 Act. INOEPENDENT EXAMNER'S STATEMENT Slnce the ch8rW8 gross Income excegded £250,000 yDur axamlngr must bb a member of a body Il¥1 in section 145 of the 2011 ACL l Gonfim that l arn quallfled lo undertake the examinallon bec8use l am member of thé In81tlute of Chartered Accountants In England gn¢J Wales, whlch 18 one of th8 118t8d bodies. I havg completed my examination. I can confirm that no rnatters have Come to my attenOn In connoctlon with the examlnation gIng me cause lo bellevo.. 1 acGounting records wdr8 rK>t k8pt In re8POCt of the o)mpany as raqulrwj by $ectlon 386 of the 2(NJ6 Act: or 2 Ihg accounts do not accord wlth Iho80 records: or 3 the accounts do not ojmply wlth the 8¢¢ounting requiremants of seGtion 396 of Ihe 2006 Act other than any requirement that the accounts glve a Irue and fal¢ vlew whlch18 not a matter consldered part of an independent examlnalbn; or the accounts havg not bean prepared in accordanc• with the methods aThl prlndples of the ststement of Recommended Practtce for accounting ond ren9 by chadties 18ppllcable to tharities preparing thelr actt•un18 In accoTd8fL8 wlth the Flnandal Rep¢vting Standard applicable In the UK and Republic of Ireland IFRS 10211. Pago 14
Envglopelo.. 8F68D67&6CC&4954B7BC.E5CCFC1W3B5 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ATD FOURTH WORLD LIMITED (th8'compan) I have no o)ncerns and havg come across no other matters in conn8don with tha 6xamlnation to whlc attenOn should be drawn in th18 r8port in Ofdor to enablo a proper understsnding of thg account8 to be rèached. RPG crCh Chapman LLP 40 GraGec*ur¢h Street London EC3V OBT Jeremy Tyrrell {BAIHon8), FCA Pagg 15
ID.. F7C954-07ac-EScCFcI9o395 ATD FOURTH WORLD LIMITED COMPANY NUMBER.. 00654678 STATEMENT OF FINANCIAL ACTMTIES ST FOR THE YEAR ENDED 31 DECEMBER 2024 INCOME AND EXPENDITURE Unreslrfcted Funds Rpslricted Funds Total 2024 Totsl 2023 Incoffl• •nd •ndowm•nt• from Donallons and le9acies Charitsblb 8cUvllS88 Investments Other Income- Lega¢y Total 383,277 49.048 2,194 57,833 10.851 441,110 59,899 2,194 485,638 55,984 1.827 434.519 68.6B4 503,203 543,449 e¥p•ndStur• on Raislng Funds Charltabl8 Advlllol 4.096 455.490 4.096 523.531 527,627 3,744 511,777 515,521 08.041 Total 68,041 N•t Incom•ll•xp•ndllur•) {25,067 24,424 27.928 TMn8far batwegn fund N•t mov•m•nl In fund• {25,067) (24.424 27,928 R•concllllatlon of Fund• Total funds brought forward 17 158,896 12,555 171.453 143,524 Total fund8 carrfed loard 133.831 13,198 147,029 171,453 The Statement of Flnancl81 knUvltl88 indude8 all gains •nd1088es rg¢ogn18ed In the year. Paga 16
DwJs•Jn Envelo ID.. aF68D573-5CCNg84478C-ESCCFC19J3B5 ATD FOURTH WORLD LIMITED COMPANY NUMBER.. 00654676 BALANCE SHEET FOR THE YEAR ENDED 31ST DECEMBER 2024 Unrestricted Funds Restslcted Fund8 Totsl 2024 Total 2023 Notes Flxod Assot$ Tangiblg As86t8 11 8,473 1A23 9,896 10,859 Curr•nt Amats Debtors Cash at bank and In hand 12 14 24.831 147,265 172.096 24.831 159.040 183,871 24,119 199,735 223,854 11,775 11,775 Cr•dltor4: Amounts falllng due vAlhln one year 13 46,738 46,738 46.738 46,738 63,261 63.261 N•t Curr•nt A•••t• 125,358 11,775 137,133 100,593 NET A88ETS 133.831 13,198 147.029 171,452 Fund• of th• Charlty Unrestrlcted funds Restrlcted funds 133,831 133,831 13.198 158.898 12,554 17 13.198 TOTAL CHARITY FUN08 133,831 13,198 147.029 171.452 The charlty8 financlal 8tatements havè been weparod In 8cconl8nce wlth the pro810n8 ap1¢able to companle8 subject to tho small companle8' r•glm8. Th8 Tru8tee8 con8ld8r that Ihg company18 entluod to exemptlon from tho requiremnt to hava an audlt under thg provislons of Beelion 477 of the Companle8 Art 2006 I'lhe ACV,) and mmbers havo not required tho wmpany to obtaln an gudit for the year in question In accordance wlth sectlon 476 of the Act. The Trustees acknoedge their respon5ibiliti88 for cOmplng with the requlremenlB of thg Companles Act 20( wllh respect to 8ccounting records and the preparalon of flnanclal statements. The financial stalam8nts wore approved and authorf89d for issue by the dlrectors on and signed on thplr bgh8lf ty. oz July 2025 I Whilefool DIRECTOR G Trivedl DIRECTOR The notes on pagos 17 to 31 forn part of the$8 fin8ndal staterrb¢nt8. P8 17
Ek0 ID.. 8F68D67>5CCW5M78CE5CCFC193395 ATD FOURTH WORLD LIMITED COMPANY NUMBER.. 00654676 STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Cash flo frorn op•rntlng •ctl¥ltl•• Net Ga8h used Sn operating aetivllles 40,695 48,155 Cash flows from Invmtlng •ctlvltl•B Proceeds from th8 salel disposal of tangiblo fixed 888ets PurGhg80 of tanglblo assets 300 8,495 N•t ¢••h lu••d Inllprovld•d by Inv••tlng actlvlll 18.1951 Ch•nq• In ¢••h and cosh •qulv•l•nt• In tho y••r (40,6951 39.960 C88h and cash equivalents al the beginnlng of the year 199.735 159,775 C••h and ca•h •qulv•l•nts •t th• •nd of th• y•ar 159,040 199.735 Page 18
DI>gn Envelo• ID.. BF68D57WgSm78C4SCcFC1)395 ATD FOURTH WORLD LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 NE L INFORMATIO ATD Fourth World Llmlt•d 18 8 company limited by gu8rantae Incorporated and regi8tored In England & Wal85, comp8ny numbgr 00654676. Its registered office addre55 18 48 Addington Square. London SE5 7L8. The princSpal activity of the company tInOd to b8 that of tackllng Inequallty and promoung GocI81 lustice. Th868 accounts h•vo been prgpared under th8 historlcal ¢08t conventbn wlth Items rewn168d at cost or tranBacllon value unlo88 othèrwlse 8taled in the relevant notes to th888 accounts. The acoount8 have been prepar8d In accordanca with the Statomonl ol Recommended Pr8CtIGg'. Accounting and Reportlng by Charitie8 preporing thalr accounts in accordan¢g vrilh the Finandal Reportlng Stsndard appllcable In the UK and Republlc of Irel8nd IFRS 102) offecllve 1 January 2019 and with the Charltles Act 2011. Th8 tharlty h88 opl8d to ewty ad¢W Updato 8ullotln 1 of thg Charlti68 SORP IFRS102)- Tha charlty con$tilut88 a publlc bonefll enlty 88 denned by FRS 102. curre The reporting currenGy 18 GBP and all amounts In tho flnond818tatgments are rounded lo the n8are8t £. The Charlty only enters Into b885¢ financial instruments Ir8n8actions that rasull In the recognition of flnanci81 assets and IlabSlllles Ilke Irada and olher accounts recelvable and payablo. loans from banks and other thlrd parues, loans lo related partles and Invgstments In norUttable ordinary shares. All the infomiatlon requlred to be d18closed is Shown In th• Statement of Flnanclal ActMtSes of the company. Page 19
Du#ll Envelope ID.. 8F68D57MCC&495M78C45CCFc150395 ATD FOURTH WORLD LIMITED NOTES TO THE FINANCIAL STATEMENTS - nnUed Income Incom8 consist of granls, donation$, fees and contribullons receivable during the year together wlth inteTesl received. Grants o)vering spedfic projects are attributed to the accountlng perfod to hlch Ihey relala un1888 requlred otherw188 by th& SORP {FRS1021. Resoureés exponded Bre accounted for on an accruals basis. Certaln expenditure has been apPOraned vthore necessary betsveen catsgorfes In acGordanca with the b&81 estimg108 of the directors. Thè flnanclal 8tatements do not IrKlude 8 c88h flow statement becausg the charlty, o# a small rgporting enlkty, is exempt from the roqulrgments to prepare 8uch a 8taternanl. All Motor Vehlcle8 and other assets COBting over £2.000 for any one Item 8re capllallsed. Depreclallon 18 provld8d al the followlng annual rates In ordgr to wrfte off 8g¢h a88et over #B esllmatod useful Iwe: Motor vghSdè8 Flxlures and equlpment - 25% on cost - 20% on cost No depr8clatlon18 charyed In the year of acqui81on. acco In th8 appllcatSon of the Charltys a¢ounUng polid08. the Dlrectors are requlrad to makg udgements, e8tim8t6s and a88umpllon5 about the cgrrylng amounts of assets and liabllltles tho1 are not readlly #ppdranl from olher 80urce8. The estlmales and a350clated assumptson8 ara based on histortcal experlence and other factor8 that are consldered lo be relgvant. Actual re8uIts may dlffer from these estlmates. The 8silmates and undedwng assumpOn8 are wewed on an ongoing b8Bis. Ravlsions to accounting eslirnates arè recognised in the peric4J in which the e8tirnale18 rewsgd if Ihe revlsion affects only th8t pgriod, or In the p8riod of the revision and future perfod8 If the revislon aff9Gts both current and fvture pertods. The Directors have wnduded that there ar8 no key 8ourG8s of estimation uncertainty In the CUTTent or prfor yeaT. Page 20
0[49n Envahjptr ID.. 8F6BD5fw¢84954-878C¥5CCFC1W395 ATD FOURTH WORLD LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued General fvnd8 ar8 unrestrlcted funds which ar8 available for use at tha d58cretion ol the Dlreclors in fvrtherancè of the general oblactlves of the Company and which have not been d8819nated for other purp)$88. Deslgn8ted funds comw188 unre8cled fund8 that havo b8en set a61d8 by the Dlr8Ctor8 for particular purposes. The alm and use of each d88ignated fund Is $91 out In the note8 lo the flnandal 8talem8nts. Ro8trfcted fijnds are funds whlch are to bg usod In aordance wilh 8pedflc r8thctlons Imp088d by donors or whith have bean ra180d by the )MpanY for particular purposes. The costs of ra185ng and adminlsterlng such fund8 affj ¢h8rg8d agaln8t the 8pedfic fid. The alm and use of eath re8lrlcteil fund Is $81 out in tha notès to the flnanclal ststement8. Inve3tmenl Incom, galn8 and loB808 ara alloc8ted to tho 8pproprlate fund. Inter88t on lunds hgld on deposlt18 Indudod when rgcefvoble and the amount can b9 moa8ured r8llably by Ihe comp8ny.' th18 18 nOallY upon notlfiG8tlon of the intsrest pald or payabl8 ty the Bank. Trade and other debtor6 arn recogn18ed al thè ietuement 8mounL Prepaymgnts ara valuBd at the amount prgpald. Page 21
DOCUon En¥olry ID.. BF68D5T3-SCC84954478C-E5CCFC190395 ATD FOURTH WORLD LIMITED NOTES TO THE FINANCLAL STATEMENTS - contSnued nl Cash Is represented by cash in hand and dewsits with flnanclal institubons repayable thOut penalty on nGe of not more than 24 hour8. Cash equivalents are highly liquid investments that mature in no more Ih8n three months from the dale of aul81t10n and that are readily convartsble to known amounts of cash wth inslgnfflcarbt tlsk of ctsngè In v81ue. Ll an Ll$bllitie8 are recognisod whén there is an obllgation 8t the Balance 8heel dat6 88 a result ol a P88t 8venl.11 is probable that a Iransf8r of economlc benefit w511 be requirgd In settlement. and th amount of the 8ettl¢menl can be 8Stlm8tsd rellably. Llabilibes are recognised al the amount that the company 8nticlp8te8 11 will pay to sottle the debt or the amount It has rec8lved as advanced payments lor the good8 or 8ervlce$ It mu81 provlde. ProvS8lons 8re measured al tho b68t esb'mato of the amounts require(I to setue the obllgatlon. Where the effoGt of the Urne value of money is moterial, th6 provlsion 15 basèd on tho pres8nt value of those amounts, d18rnunt8d al the pr8-tsx d18count rate that Tdects the risks spgGrfic lo the liabillty. The unwindino of the dlscount 18 racognlsed wllhln Intere81 payable and slmllar chargea. Monetary a88ets and Ilabilitle8 denomlnaled In forelgn CUfrancle8 are Iran8lalèd Into Bterilng at ral88 of exchang8 rullng 8t Iha balance sheet date. Tr8n88cllon8 In forelgn Gurrende8 arg translated Snlo 8tertlng al the rate rullng on the dato of the transAction. &xchangg galns JrKI Ios8a8 are recogn188d In the Stalgmont of flnanclal activities Incorporallng Incomo arKI gxpondlknre account. Pag8 22
Do* Envdttpo10.. 8F68D57WCU95M78C-E5CCFC190395 ATD FOURTr1 WORLD LIMtTED NOTES TO THE FINANCIAL STATEMENTS - e4nttnued 3 INCOME FROM DONATIONS a LEGACIES UNestricted Funds 2024 Re8tr5cted Fund8 2024 Total Funds 2024 Curr•nt Y•ar Grants Donation8 360.000 23.277 383.277 47.575 10,258 57,833 407.575 33,535 441,110 Unrestdctgd Fund6 2023 Reslrfct8d Funds 2023 Total Funds 2023 Prlor Y••r Grants Donots1)n8 400,000 24,847 53,500 7,291 453,500 32,138 424,847 60,791 485,638 P8ge 23
Dovjsiun En¥dw ID.. 8F6BD57>5CC&495W8GE5CCFC19)395 ATD FOURTH WORLD LIMITED NOTES TO THE FINANCL4L STATEMENTS - contsnued 4 INCOME FROM CHARITABLE ACTIVITIES Unrestricted Funds 2024 Restricted Funds 2024 Total Funds 2024 Curr•nt Y•ar COnsultsOn fees Room hire Sponsofod actbvillas and fundraising 8vanls Contrfbutlons family $upport Conldbut6on8 pollcy, partldpatlon and tralnlng Olher sale$ Relmburs8ments 18,262 15,374 18,262 15.374 3,976 6,455 420 52 15,360 59.899 3,976 6,455 420 52 15,360 49.048 10,851 Unr88tr1ctsd Funds 2023 R881rScted Fund8 2023 Total Funds 2023 Prlor Y•ar Consultstion fe RM hlre Sponsorg(l acllvlli88 and fundraislng ovent8 Contrlbutions fgrnlly SUPFL)rt Contrlbutions poll¢y. partldpat(on and tralnlng Other sale8 Rolmbursements 9,450 15,550 500 725 10.175 15,550 3.016 7.860 1.539 75 17,749 55,984 2,518 7,860 1,539 75 17,749 43,249 12,735 S INVESTMENT INCOME Unrn8lrSGtsd Funds 2024 Re8trfGted Funds 2024 Tot81 Fund5 2024 Curront Y•ar Intsr88t 2.194 2.194 Unre$trict6d Fund5 2023 Rostricted Funds 2023 Total Fynds 2023 Prlor Ymr Inl8r861 1,827 1.827 Page 24
DulIan Env•b¥e ID.. 8F68Ds7WG&495¥878CsCCFc1595 ATD FOURTH WORLD LIMITED NOTES TO THE FINANCLAL STATEMENTS - (x)nlnued 6 EXPENDITURE ON CHARITABLE ACTIVITIES Unrestricted Funds 2024 Re8tflcted Funds 2024 Totsl Funds 2024 Curreni Yur Dlr8Ct salariag Service costs UUlltbe8 and rent MalDtenonce of bulldlngs Communications Prlntlng and stationery M•lntenance of equlpmanl Travel Motor costs Project mat•rt•l$ Faes Support C08ts 92.596 119,300 71,485 47,843 4,511 3,210 278 19,596 12,447 12.080 6,989 65,175 455,490 34.309 11.551 7,843 4,938 128.905 130,851 79.328 52.781 4.511 3,210 278 22,039 13,764 15.215 8,651 85,998 523,531 2,443 1.317 3,155 1,662 823 68.041 EXPENDITURE ON CHARITABLE ACTIVITIES Unre8trfcted Funds 2023 Re8tdot6d Fund8 2023 Totsl Fund8 2023 Prlor Y•ar Dfjwl s8larie8 Servicg Ulllll88 and rent Malntenance of bulldlng8 Communlcauons prtnting and 8tallonory Maintenance ol equipment Travel Molor c0818 Prolact matedals FeeB Support C08ts 64,560 140.326 56.524 50,588 4,148 4,198 187 25,334 11,672 12,865 7,445 56,059 433.706 49,881 4,234 10,222 3,812 122 114,441 144.560 66.746 54.400 4,270 4,198 187 26.024 12,899 18,050 9.119 50.883 511,777 1,227 5,385 1.674 824 78.071 Page 25
DDeu*n EnvelorA• ID.. 8F68057>8cw954476cSCcFclgD39s ATD FOURTH WORLD LIMITED NOTES TO THE FINANCL4L STATEMENTS - continued 7 SUPPORT COSTS Unre$ldct8d Funds 2024 Reotricted Funds 2024 Total Funds 2024 Cufv•nt Y•ir Independent examlnorfs foes Bank charges Depreciation Accounts staff costs offi¢6 aqulpment Insurance 3,600 753 139 30,229 2,973 27,481 65,175 3.600 753 823 2,973 27,481 65,998 823 Unr•8trfctod Funds 2023 R68tiicted Funds 2023 Totsl Fund8 2023 Prfor Y•ar Independent ex8mln8rf8 fe88 Bank ch8rgeJ Depreclatlon Arx¢)unts 8taff COBts Offlc& 8qulpmont Insurance 3.570 3.570 694 962 29,128 2,532 19,997 138 29,128 2,532 19.997 824 58.059 824 56,883 Page 26
occu9 ID.. 8FSBD5734CCN95&078C4SCCFC190396 ATD FOURTH WORLD LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued NET INCOMEIIEXPENDITURE) 2024 2023 N81 incomellexpenditurel is Stated after charging: Depreciats'on of tangible fued assets owned by the dlarlty 962 During tho yaar, no dlrector re1Ved any ramuneration12023". NIII. Durlng the yaar, no director receivod any benaflts in kind12023'. NIII. Durfng tho yaar, no dlreclors recelved any rglmbursemgnts of exp8nse812023.. NII}. 2024 INDEPENDENT EXAMINERS. REMUNERATION 2023 Fe88 payable to th8 charW8 Independent examlnei 3,600 3.570 10 STAFF COSTS 2024 Numb¢r 2023 Number Thè avernge number of person8 omployed by the charlty durfng the ye8rwas as follow8 A furth8r ten people worked for the charfty on an out80urced bas18. Thelr c08t Is shown under SeNlce Costs in Nol8 6. Thère were no 8mployee8 wSth rnmungrauon exceedlng £80.000 per annum. Apart frc4n tho dlrectOf8, key management Porsonnal comprf89 the n8tlonal coordlnator. The aggregate ramuneralion of kay managemenl amount to £10,474 (2023.. £10,930). 2024 2023 Wages and salarfe8 National Insurance Penslon 147.634 6,515 2,985 157,134 13S.553 4.928 143.569 Pag8 27
DovJsb3n Envobpo ID.. aFe8D5734GC849W7BCWC190395 ATD FOURTH WORLD LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued MotorVehlcl88 & Equlpment 11 TANGIBLE FIXED ASSETS COST At 1st January 2024 Additlons Dlsposals Al 3181 D8¢ember 2024 22,858 22,8S8 DEPRECIATION At 1" January 2024 On DisP08al$ Chargo for the yoar At 318t Dwember 2024 11,999 962 12,961 NET BOOK VALUE At 318t Oecembor 2024 9.897 10,859 At 318t Docemb8r 2023 2024 2023 12 DEBTORS 5,572 1,488 7.821 1.249 Tradg debtor8 other debt AcGfued Income Prepayments 17,771 15,249 24,831 24.119 2024 2023 13 CREDITORS Amounts falllng due wlthin one year: Trade credltors Other credltOfS Accruals 3,954 33,757 9.027 46,738 6,400 42.017 14.844 63,261 Page 28
Dor4M>w Env¥h) ID.. OF6BD57McW954478CCcFC1>395 ATD FOURTH WORLD LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued 14 CASH AND CASH EQUIVALENT 2024 2023 Short tem deposits Cash at bank 75,000 84,040 75.000 124,735 159,040 199,735 15 TAXATION Tho charity'$ octlvllles fall wlthin the exemplon$ afforded by th8 provlslons of the Taxo$ Act 1986. Accordlngly, Ihare Is no taxolon charge In th88e accounts, le PENSION Durfng tho yoar, thg company pald pen81on ¢onlrfbution$ Into a doffin conlrfbullon pen8lon 8chem8 amounUng to £30.206 12023.. £32.609). Pgnslon ¢>Jntrfbutions ar8 Initl8lly made by ATD Fourth Worfd Trust. an entity whlch tho company 8har881ts 8taff wlth, and are rfrcharged on a tima. spent basis. All rgvcharg8d contrlbutlons are In¢lud8d under"Sgrvl¢a Co8lB" In Note 6. Pon81on contrfbufjon6 are charged to th• SOFA accordiThJ to tho poriod to whlch 1h8y rol•t8. Paga 29
DJn EnYek)pe ID.. 8F88D5Tc9S470C.Esc(fClgD395 ATD FOURTH WORLD LIMED NOTES TO THE FINANCIAL STATEMENTS - continugd 17 RESTRICTED FUNDS- Projacts Funded by Grants and Speclnc Oonallons Funding IncomSng Outgoing Trf Curr•nt Y•ar ntorlDonor OutrnaGh, R•splto & Poor Support Sl P8uI'B Church Camberley Frimhurst Enterpnse8 CIC Better Bankside Mytchett Church 1,800 4.696 500 1,800 5,219 500 1,046 523 Other Donallons Frlmhursl Enl8rpri8e8 CIC Fundralslng Frifflhur8t Fundralslng Wellbeing Frlmhur81 Car 8ale prollt ATD Quart Monde Various Contrlbutlon8 450 450 300 2,780 87 900 2,780 67 75 75 6,455 6,455 17,571 2,021 16.748 1,198 Pollcy, Partlclpatlon Jnd Trnlnlng Nuffield F8mlly Ju8tlc8 Observatory and Andy Bilson 41n100cl 17 Juslca Au Cogr OGt 17 Trust for London 10.534 3.155 500 4.339 9,350 1,IXIO 43,750 43,750 The P8t8r and TereBa Harr18 TnJ8l 2,650 2.650 Other Donations and Fundr81slng Assoclation Volontarfat Inlj Varlou8 contributlon8 175 420 175 420 10,534 51.936 50,470 12.000 Olh•r ro•trlctod fundlng Addington Square Premises 12,555 68,884 68,041 13,198 Page 30
De¢un Én¥olop8 ID.. 8F68D57>5CC849W78C-E5CCFC1W395 ATD FOURTH WORLD LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued 17 RESTRICTED FUNDS- Projects Funded by Gronts and Specthc DonaOn8- continued The Frimhursl Respite fund Is dgdi¢ated lo Supportlng thg costs of well-belng breaks at Frrmhurst for families and individuals in poverty 88 part of the Gatting Away From tt project described In the Directors report. Thg PFAN fvnd 8UPPOrt8 the work of the Parents, Familles and Alies Neiwork. an Inlllative lead by ATD Fourth Wodd members 88 part of the Rlghl lo Fa"1Y Llfg prolecl described In Dir8clor8 Report. Tho Undorstandlng Povety in Al 118 Form8 fund suppryts the tralnlng and development of Ilved experlar acyvlsts tsklng part In thg Givlng Povaty 8 Voice progromme, whlch18 oullned In the r8port of the DiroGtor8. The Peter and Tere8a Harrls Tr1 - Mary Rabalgi8ti PublI¢8On Fund Is dIcated to tha publSc8tton and prcfflouonal events of Joylul RevolUtn.. Pov8rty, SoGial Justs'ce and the Story of Mary Rab8gllatl. The book Is about IPte Ilfe and work of the Brftlth founder of ATD Fourth Wodd In Ihg UK ond wlll bg publ58h8d by LuttOP*VOrth Press In 2025. Amounts 8r8 $8p8r8tsly d18c1080d by donor. Funds r881rlGtsd to'AI Prolects. refer to programme wldo grants and don8tlon8. We have programm88 of acuon: Our IogoLhLr Ill Eogr a[ promotes well.bolng. communlty and agency by offedng Indlviduols and famllles opportunllies for rest and recuperation, the chance to contrlbute to voluntary athon, as w811 88 to bgneflt from 801idarity And advocacy in times of crisis. It incorporates three projects grouplng dlffergnt actlons". Communlty Outreach & Poèr Support,. Getting Away From It - Hollday8 from Povety", Sklll-sharing and Access to Volunleerlng. Inin ram poverty lo bulld their krWl8dge and expres5 Iheir ideas on issues that affoct them. By prowding people wllh the confidenc8 and skllls wllh which to C8mp8ign and speak out publlcly, tha programme build3 Indlvidual and ¢ollectiV8 activism. Together, our activists work wlth our allie$ In the anlS-povety. human rights arKI sooal work fialds to Influen research, pdicy arKI practlce by engaglng, through a p8ciPat0ry approach, with acadamlcs, pollcy-makers and practitioner5 In the publlc debate on findlng Solutions to Povgrty. The programme is comprised of three prolgGts.. Understanding Povety, Povety Exp8rt8', and the Rlght to Farnlly Life. Page 31
DccLtsYJn EnopolD.. 8F68057>5Cc8495M7EscCFClg039S ATD FOURTH WORLD LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued 17 RESTRICTED FUNDS- Prolects Funde(I by Grants and SpecrfiG Donatlon8- contlnued Fundlng blfv In)rnIng (Mgoing Trf Pr5or Yur r8nlor Outreach, R••plt• & Peer 8upport I hurst Re Sl Paul'8 Church Camberfoy Frtmhurst Enlerpdses CIC Better Banksldo Mytchett Churth 2.780 1,703 2,780 2,226 1,046 2,000 2,000 11 Pr Other Donotlon8 Frlmhurst EnterpdBe8 CIC Fundra18ing Frfmhur8t Fundralslng Wellbglng Frimhur8t Car sale profit ATD Quart Monde Varlou8 Contrlbutlon8 560 30 2004 512 75 560 331 2004 512 1201 75 7,880 17,544 7.880 18,293 2,770 2,021 Pollcy, PartlGlpatloTh and Tralnlng AFN Nuffleld Family Justice Ob8erv8tory and Andy Bllson 41n10 Oct 17 Justlco Au Coer Oct 17 Tru81 for London 12,271 2,881 10,534 1.000 52,500 52.500 lall Publlca The Polor and Tere88 Harrfs Trusi Other Donations and Fundraisi A880daUon Volontsrlal Ints V8rfous contrlbullons 1.539 55,983 1,539 57,720 12,271 10.534 Oth•r re•trlctod fvndlng Addlngton Square Preml8es 2,058 2.058 17.099 2,058 73.527 78,071 12,555 Page 32
jvJgn Enveknw ID.. 8F68D57>5Gc84964-878GE5CcFC1j96 ATO FOURTH WORLD LIMED NOTES TO THE FINANCIAL STATEMENTS - continued 18 UNRESTRICTED FUNDS Balance BalarKe Incomlng CoIng Trf 158898 434 519 133 831 Ggneral Funds prtor year 126,425 469.923 437.450 158.898 19 ANALYSIS OF NET ASSEfs BETWEEN FUNDS UnTe8trfcted Rtcted Funds Fund8 Total Fund¥ Currnnt Y••r Fund balances at 318t December 2024 are reprgsented by: T8nglble flxed asséts Current a5sats Currenl IlabSlltl8s 8,473 172.096 46.738 133.831 1,423 11,775 9,896 183,871 46.738 147,029 13,198 Unrn8tr1cted R•$trlcted Funds Fund8 Total Fund8 Prlor Y•ar Fund balance8 at 3181 Decembèr 2023 Are ropresenled by: Tanglble flxed a8eals Current assots Current Ilab111ti08 8.913 213.245 (63,2611 158,897 1,946 10,609 10,859 223,854 163.2611 171,452 12.555 20 LIABILITY OF MEMBERS The chaiity 18 a company Ilmlled by guarantee and has no share capltsl. In th8 avent of the charity being wound up, the liabiltty of Ihe member8 are iha directors Is limitod to £25. 21 RELATED PARTY TRANSACTIONS During the year, the charity receivgd donatbn$ of £600 from ong tNsteg12023.. 1365) Page 33
Envoknwj ID". 8F68DST&5CC&4954-878C-E5CCFC19)396 ATD FOURTr1 WORLD LIMED NOTES TO THE FINANCIAL STATEMENTS - contlnued 22 RECONCILLATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net Incomel expendllur8 for the ygar188 per SOFA) 124.4241 27,928 AdJu•tm•nt• lor Depraclabon Gharges Decr88881 Ilncr8a501 In debtors Increa5eJ {decrea881 in credltors 962 17111 16,522 17,924) 27.189 N•t ¢a•h provld•d byl (u••d Inl op•r•tlng ictlvlti 40,695 48,155 23 ANALYSIS OF CHANGES IN NEf DEBT C•$h Flowa 8t 31.12.24 1.1.24 Cash at bank and In hand 40.695 199,735 LL 159,040 Page 34