Or￿79n En￿￿7￿ ID.. OF8335BKD4F4482-BciM>ceeFA092EF40
Ch•rlty numbor. 271784
THE ATD FOURTH WORLD TRUST
UNAUDrrED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
RPG Crouch Chapm8n LLP
Chartered A¢countants & Statutory Audltor
40 Gracechurch Stre8t
London
EC3V OBT

DwJ8bn ID.. oF833s8￿ED4F44￿2￿OOE￿8F4O¥2EF4O
THE ATD FOURTh WORLD TRUST
GONTENTS
R6ference and admlnistrative details of the Charity. its Truste88 and advisers
Trustees, report
Trustees, responslbllltle8 8tatem8nt
Indep8ndent 8xamlnetr8 report
stst0ff￿l of tlnanclal actlvltle8
Balance sheet
Notes to the financlal 8tatements
10-23

D￿S￿an EnvBlw ID.. OF&33589ED4F4482-BOOLyceoF4092EF40
THE ATD FOURTH WORLD TRUST
REFERENCE AND ADMINISTRAnvE DETAILS OF THE CHARrrY. ITS TRUSTEE8 AND ADVISER8
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
N Collins
K Ev8n$
C McDowell
P Daniels, Chalr
Charlty reglglered
number
271784
Prindpal office
48 Addington Squar6
London
SE5 7LB
Accountonts
RPG Crouch Chapman LLP
40 Gracechurch Street
London
EC3V OBT
Bankers
HSBC Bank PIC
23 Danmark Hlll
Camberw811 Gr68n
London
SES 8RP
Independent Examlnor Jaremy Tyrrell FCA
40 Gracechurch Stra8t
London
EC3V OBT
Page 1

EMILV ID.. OF8335B&ED4F44824OOD-C66F4092EF40
THE ATD FOURTH WORLD TRUST
TRUSTEES. REPORT
FQR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their report and financial statements for lh8 12 months ended 31st December
2024. The financial slalements have been prepared in accordance with th8 accounting policies set
out in note I to tha accounts and compty with the charity's trust deeds, the Charities Act 2011 and
Accounting and Repoiknng by Ch8rilies: Statement of Recommended Practice appli¢able to charilles
preparing thelr accounts In accordance with the Flnanclal Roporting Stsndard appllcable In the UK
and RepubliG of Ireland published on 16 July 2014.
The Trustees confirm that the Charity Commission's general guldance on public benefit has been
Considered In relation to the obj8Ctive$ of the Charity. The raport below sets out those objectives and
des¢rlbes how they have been mel In the CUTrent year. In p8rti¢ular, tho chaTIty has provlded
6ignificant rellef from poverty lo famllies In the UK and overseas.
eclives and aclivili88
a. Pollcias and objecllves
The Trusvs obl8clive is to provlde r8li8f to fBmllies In need of reeuperatlon and rehabilitation by
reason of their povety or soGI811 economic circumstances. both In the Unlted Kingdom and countr198
overseas. The Trust doe¥ not provide fin8ndal asslstance to Indlvidu818. Its maln activitie8 are to
èmploy, train and support core workers whom It contracts to other organisations working wlth similar
charitable oblectives. The Trust also hold8 propertle8 for use by such organl$ations. It owns the
freehold of propertle8 sltualed al 48 Addington Square, London, 'Frimhurs¥' at Frimley Green In
Surrey and 'Braendam" at Thomhill In Scotland.
In s8ttlng objectives and planning lor actlwties, the Trustees h8ve g￿en due coftslderetion to general
guldance published by the Charity Commisslon relating lo publlc benefit. Including the guidance
'Publlc b8nefrt'. runnlng a charlty {PB21'.
Maln achievements of the Charity
The provlslon of the properti8$ and personnel lo other charllles or non-profft organlsat1ons which work
for rellef Irom poverty conlinued through tha year.
In November 2024. the Lilias Graham Trust ILGT), the long-temi tenants of Braendam Hous8,
Infomied the ATD Fourth World Trust that, due to financial diffiGultles. the LGT had passed a motion
to wlnd up and servod notice of 18rmlnation of the lease. Th& Twstees are actively looklng for
solutions lo continue charitable acllvty at the property and are in dlalogue wlth potenllal partnars In
Scotland tOW8rds that and. Ag result of the official occupancy of 8r8endam House retuming lo the
ATD Fourth Wodd Trust, th8 Tru51ee5 have applied and been granted charilable Btalus wllh the
Office of the Scottish Charity Regulalor {OSCR) with effect of 15 Aprfl 2025.
In addltlon to the on-going efforts lo secure the future of 8raedam Hou$&. a worklng group lod by th8
chair of the ATD Fourth World Trust is investlgating optlons for secudng capitsl investment that can
provido resources for the future renovation of 48 Addinglon Square.
The Trust has supported 13 core workers during the year, providing salaries. pension arrangements
and generally attending to training and welfare needs 80 that they can work effectively with the
harltles to which they are seconded. Durfng the year they have worked with non-profit organisations
in the UK, France, Belgium, Ireland, Mexico. and Madagascar.
Pogo 2

Doujllign EN•lope ID.. oF833s￿E04F4482-FO0t￿c6￿4Og2EF4O
THE ATD FOURTH WORLD TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Achlevement9 and perfomance (continued)
The Trust's work continuas to be 9upervised by It8 Trustees at regular Trusl meotings and by
reviewing raports and discussion with management.
b. Fundraising activltles and Income generatlon
The th8rity does not cary out any fundralslng aclivitles and Income18 maSnly received from grant5,
1ogaci&s and fees. Any donats'ons received are incidental.
c. Plans for the future
The Trust Intends to continue to hold the propertla8 and to r8cnJlt and 8UPPOrt cor8 workers for thg
purpjse of Sls objectives.
Flnanci81 revl8w
. Golng Concem
After m8klng approprlate enquldes, the Trugtees have a reasonable oxpectallon that the Charlty h88
8dequale ro$ource8 lo continue in oper8tional existence for the fores8eable futur6. For this rea¥on,
they Gonllnua to 8dopl the golng concern basis in preparing the financial 8latamenls. Further detalls
regardlng the adoption of the going concem basi8 can be found in the accountlng pollc408.
b. Reserves pollcy
The Trust888 con8ld8r thal sufficient. but not excesglve, re8eNes are retalned to meet the
commitments of the charity. the principal reserve being to cover the posslble need for 88lary 8UPPOrt
and for future penslons for core workers, should granl Income b8 redu￿d.
c. Incomo 8nd expendltura
In 2024 incomlng resource8 were £191,089 (2023: £287,164). Expenditure amounted to £192,S96
12023.. £234,049). This r88ulted in net outgoing re8ource¥ of £2,507 for the year (2023: not incoming
resources of £52,115).
d. Principal rlsk5 and uncertalnties
The Trusleos have con8ldered the riskg facing tho organisation and are of the oplnlon that the Trust's
princlpal financial rtsk Is the failu￿ to obtain suffiGient funding to enab18 It to contlnu8 to fulfil Its
obloctives. This risk Is belng addressed In a number of ways.
The Tru￿ ensuras it maintains good relationships with its core lunders. This Includes ensudng
all obligallons are mel, financial systems are $uilable to ensure the funds recelved are propedy
securod. spent and recorded according lo the instruction of the funders, the Statement of
Recommended Practice and generally accepted accounting practices in the UK.
The Trust Is also continually seeking altemative sources of fundlng In order to dlver5rfy Its rfsk
away from its core funders.
Other principal financial risks facing the Trust are addressed by insurance and procedures
designed to ensure that the Trust is materially protected from financial and operatlonal loss.
P4ga 3

0￿u￿gn ErN8ky ID.. OF8335B￿D4F44B2.9fA)D0e6F4092EF1c
THE ATO FOURTH WORLD TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
tructure
oveman
and m8na
emen
. Constitution
The TrLJSt18 r8gl8tered charlty number 271784 with the Charity Commi98ion of England and Wales,
The Trusl was established by Ils goveming documont, the Deed of Trust dated 13th Juty 1976. Slnce
15th Aprfl 2025. the Trust Is also a registered charity with the Office for the Scothsh Charlty
Regulator, number SC054144.
b. Methods of appointment or election of Tru¥lees
The management of the Charlty Is the re6ponslbillty of the Tru8to8s are elected and COwOPtèd
under the terms of tho Trust deed.
c. Organlsatlonal structure and dod81on-maklng pollcl08
Th& Tru8t8es who h8Vo Sep￿d durlThJ the year w8ro C. Mctknvell, P. Danl81s. N. Collln8 and K.
Evans. Ther8 have bean no changes to the TrusteeB since the year end.
Durlng the perlod the Tru8loe8 mel four time8.
The power of appolnlmenl ro8t6 ￿th the Trustee body of the Charfty.
Approved by order of th8 m8mbers of the board of Tru8t8e8 and 81gned on thelr behalf by:
P Danlel•
Trustge
Date: 17 June 2025
P4B4

Env￿￿10.. UF8335B￿ED4F44B2-BO0D-c￿SF4O￿EF￿o
THE ATD FOURTH WORLD TRU8T
STATEMENT OF TRUSTEES. RESPONSIBILMES
FOR THE YEAR ENDED 31 DECEMBER 2024
Th8 TNstee$ are responsible for preparing the Trustee8' report and the finandal statements in
accordance wth applicable law and Unlted Kingdom AcC￿ntIng Slandard5 (United Kingdom
Generalty AC￿PIed Accounting Practice).
The law applicable to charities In England & Wales requires thè Trustees to prepar6 financial
statements for each financial which give a true and fair view of the state of affalrs of the Charlty and
of Its Incomlng r8sour¢e$ and applScatlon of resources, including ￿S Income and expendllure, for that
P8fiod. In preparing theso financial slatoments, the Truste88 are required to..
5818¢t suitable accountlng policies and then apply Ihem consistently;
observe the methods and principles of thè Charities SORP IFRS 1021..
make judgments and accounting 851imal&s that are rea$on8bl8 and prudent.,
state whether applicable UK Accounting Standards IFRS 1021 have been followed. 8ubj8ct to
any matarfal departure5 dlsdosed and explalned in th6 finanaal 8talements',
prepare the financial statements on the going wnGem basis unless it 1% Inappropriate to
pre8ume that the Charlty wlll continue In buslne8S.
The Twst885 are re8FM)nglble for keeplng adequate accounllng re¢ord8 that aro sufflcient to show
and explain the Ch8rily's trans8Ctbons and disclose with reasonable a¢curaGy at any time thè financial
positlon of the Charlty and enabl8 Iham to ensur8 that the financial statements comply wlth th8
Chartlles Act 2011, the Chadly IA¢counls and Reports) Regulatlons 2008 and the provlslons of th6
Trust deed. They are also responsibk for safeguarding the a$$els of the Charlty and hon¢e for taklng
r888onabl¢ step8 for the preventlon and detection of fraud and other lffegul8rllle$.
Approved by order of the mernbors of the board of Tru8te88 and slJn8d on Its behaw by..
P Danl•l8
Trustee
Date: 17 June 2025
Page S

oLKU￿on En￿￿4￿ ID.. OF8WB9ED4F4W2.BOOW66F4092EF40
THE ATD FOURTH WORLD TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 OECEMBER 2024
Independont examin0¢$ report to the Trustees of The ATD Fourth World Trust I'the Charlty'l
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended
31 D¢cemb8r 2024.
Responsibilltles and basis of
As the Trustees of the Charlty you are responslble for the preparatlon of the 8wunts In accordanc8
with the requir&ments of the Charities Act 2011 {'th8 2011 Act,).
I report In r86pect of my èxamination of the Charltvs accounts carried out under section 145 of the
2011 Act and In carrylng out my examlnation I have follow&d the appllcable Dlreclion$ glven by the
Charfty Commlssion undor 88Ction 145(5Xbl of the 2011 Ad.
Indap8ndent examlne¢s 8taloment
Your attentlon l& drawn to the fact that the Chadty has propar8d the accounts in accordance
Accounllng and Roporting by Charities.. Statement of Recommanded Practice applicabbe to charlties
preparing their a￿ount8 in accordance wKh the Flnanclal Reporting Stsndard applicab18 in the UK
and Republic of Ir8land IFRS 1021 in preference lo th8 Accounting and Reporting by Charitses..
Stslemenl of Recommend8d Practic8 Issued on 1 April 2005 whl¢h 18 Teferred to In the extant
regulations but has been wllhdrawn.
l understand that thls has been done in order for the accounts to provlde a true and falr view In
accordanc• wlth th8 Generally Accepted Accountin9 Pracllc8 effedlve for reporting periods beginning
on or after 1 January 2015.
I have completed my exarnlnatlon. I conflm that no matter8 have come lo my attentlon In connectlon
wlth the examSnation glving me cau60 to boliove that in any material r88pect.'
ac¢ounlng records were not kept in respoct of the Charity a8 requlred by 50Gbon 130 of the
2011 Act,. or
the accounts do not acwrd with thosa records., or
the accounts do not comply with the applicable requlrements wnceming the form and content
of accounts set out in the Gharfties (Accounts and Reports) R¢gulatson$ 2008 other than any
requirement that the accounts give a Irue and falr, vi8w whiGh Is not 8 m8tt8r consldered as
part of an independont examination.
I have no conc8m$ and hav8 Gome across no other m8tters In connection wlth th& examinallon lo
whlch 8ttentlon Should be drawn In this report in order to enable a propèr und8r8tandlng of the
accounts to be rea¢had.
Pagg 6

DrKusiBn En¥dtw8 ITr. aFe33589￿o4F446z4OOD￿6F4Og2EF4O
THE ATD FOURTH WORLD TRUST
INDEPENDENT EXAWIINER'S REPORT ICONTINUEDI
FOR THE YEPR ENDED 31 DECEMBER 2024
Thls report is made so18ty to the Chadtys Trustees. as a body, in accordan￿ ts￿1h Part 4 of the
Charltles (Accounts and Reports) Regulatlons 2008. My work has been undertaken so that I mlght
state to the Charitys Trustaos those matters l am required to stale to them in an ind8pandent
examinerfs report and for no other purpose. To the fullast extent permitted bylaw, I do not accept or
assume r88ponsibility to anyone other than the Chartty and the Charilvs Trustees a8 8 body, for my
work or for thls report.
Slgned..
Dated: C>Lt Jc7 12pir
Jeremy Tyrro11
40 Gracechurch Street
London
EC3V OBT
Pago 7

DoGu8iun En¥ekJp8 ID.. 0F83358￿ED4F44B2￿(xj[YC66F4Qg2EF4o
THE ATD FOURTH WORLD TRUST
STATEMENT OF FINANCIAL ACTMTIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestrfcted
funds
2024
Restrlcted
funds
2024
Total
funds
2024
Total
funds
2023
Note
Incom• from:
Donations and legari88
Charitsble activlties
57.526
132.563
57.526
132,583
141,450
145,714
Total Incom•
190,089
190.089
287,164
Exp•ndlturn on:
Charltable activities
179.963
12,633
192,596
234,049
Tot•1 •xp•ndltur•
179.963
12.633
192,596
234,049
N•t Incom•ll•xpBndltur•)
Transfers belwe6n lunds
10,126
{12,633)
(12.633)
12,633
(2.507)
53,115
13
N•t fflov•m•nt In fund•
(2,507)
{2,507)
53,115
R•con¢lll•llon of fund•:
Tot81 funds brought forward
Nat movement In fvnd8
269.728
{2.507)
611
270.337
(2,507)
217,222
53,115
Tolal fund• c•nl•d forward
267,219
611
267,830
270.337
The Statement of financlal actlvltle8 Indude$ all galns and losses recognlsed In the yoar.
Tho notes on pag88 10 to 23 forn part of these financial statem8nt•.
PagB 8

Docusign En￿￿jpa ITr. OF￿￿￿)4￿82￿c￿￿86F4092EF4O
THE ATD FOURTH WORLD TRUST
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Note
Flx•d aM•t*
Tangibl8 8SS8ts
10
49.000
49,000
49.000
49,000
Curr•nt u•et•
08btors
Cash at bank And In hand
11
52,175
171,003
38,550
185,217
223,178
223.767
Credltorg: amount8 falllng duo ￿thIn
one year
12
{4,348)
{2,4301
N•t eurnnt ••••l•
218,830
221,337
Tot*1 n•t •*••ts
267,830
270,337
Charlty fund•
R8stricted funds
Unrestricted fund8
13
13
811
267,219
611
269,726
Total lund¥
287,830
270.337
The flnand8181atements wer8 approved and 8Uthorlsed for18sue by the Trustees and 8lgned on Ihelr
behalf by:
i¥ D•nl•
Trustee
Date: 17 June 2025
The noto9 M Pages 10 to 23 form part of these financlal stslements.
Pag8 9

Docusvjn En*l(w ItF. OF&W89ED4F4482-WDLkC66F4092EF40
THE ATD FOURTH WORLD TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Genoral information
The ATD Fourth Worfd Trus115 a charitable trust registered in England and Wales. Its principal
place of buslness is 48 Addlngton Square, London SE5 7LB.
The prindpal 8ctivlty of the trust continuod to be that of tsckling in8quallty and promoung soclal
lustlce.
Accounting pcllcS88
2.1 Basis of
re
arat6on of financial statements
The flnanclal slalemenls have been prepared In 8ccordan¢e wllh the Cha￿￿08 SORP IFRS
1021 A¢¢ounling and Reporting by Charlties.. Slalemenl of Recommended Practice
applicable to charities preparing theor accounts In accordance with the Financial Reporting
Standard applicable In the UK and Republlc of Ireland IFRS 102) (effective l January
20151, the Financial Raportlng Standard applicable In the UK and Republic ol Ir818nd {FRS
102) and the Charllles Act 2011.
The financlal statements havo bgen prepared to give a 'true and falrf vlew and hav6
departed from the Chari118s {AcGounts and Raports) Repulallons 2008 only lo the extent
required lo provlde a 'true and fairf view. This departuro has inVo￿ed followlng the Ch£rlUes
SORP IFRS 102) published on 16 July 2014 rather than the Accountlng and Reporting by
Charities.. Statefflenl of Recommended PractlGe effectiv8 from 1 Apdl 2005 which has since
been wllhdrawn.
The ATD Fourth Wortd Trust Meets th8 definiknon of a publlc benefit ent￿ under FRS 102.
A88e18 and Ilabllltles are In￿allY recognlsed at hlstorical cost or tran8a¢tlon value unless
otheThvise stated In the relevant accounting pcAIcy.
The tru8lee$ conslder that Ihare 8re no matarfal uncertalntles about the trust's ablllty lo
continue as a going concem. Therg aro no signlficant areas of 8dlu8tments or kay
assumploons that affect item$ In the accounts. With respect to the next reportlng perlod,
ending on 31 December 2024, the most slgnificant area ol uncertalnty that affect the
carrying value of a88els held by the trust is the ability lo contlnue to raise donations.
Wlth the exc8ptlon of Branedam House, whlch has been retumad to the charfty. the
properties shown in tho accounts are provlded to another charlty rent-free for as long as
they continue. In th8 vl8w of Ihe truste￿. to be used for purpo8e8 LI￿51$1￿￿t with the trust's
obl8ctive5.
I Income is recognised once Ihg Charity has entillement lo the Income, It L8 probable that
the income wll be recelved and the amount of in￿rne receiv8ble can be measured reliably.
Pe99 10

DO￿8￿￿￿ Enve￿9 ID.. oF￿3￿E[mF44624w￿6SF4o¥2EF4O
THE ATD FOURTH WORLD TRUST
NOTE8 TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEAIBER 2024
Accounting polkles l¢ontinuedl
2.4 Ex
8n
Expenditure is recognised once there 18 a legal or constructive obligation to transfer
economlc benefit to a Ihlrd paty, 1118 probabl& that a transfer of economic benefits will b&
required in setU8ment and th8 amount of the obligation ran be measured reliably.
Expenditure Is classified by a¢tivty. The cosls of 8ach actlvity are made up of tho total of
direct costs and shared costs, indudlng support costs involved In undertaking each activlty.
Direct C051s attributable to a 81ngle aclivty are allocated dlrectly to that activity. Shared
costs whlch contribute to more than one activity and support costs which are not
attrSbutable to 8 slngle actlvity 8re 8PPQrtloned be•￿en those actlvltle8 on a ba$ls
consl¥tent with the use of regource8. Central staff costs are allocated on the basis of b'me
spent, and depredallon ¢harg68 allocated on the portlon of th8 asset's use.
Expondlture on ch8rltable a¢tlvities 18 Incurred on dlrgcUy undert8klng the acllvltlos whlch
further tho Charlvs objective8, as ￿11 88 any assoGiatad 8UPPOrt GO8ts.
l expendrturels InclusSve of irrecoverable VAT.
The Charity 1$ consldered to P888 the test5 sot out In Paragraph 1 Schedulo 6 of tho
Flnance Act 2010 and therefor8 k meets the definltion of B charitable company for UK
corporation lax purposes. A¢cordingly, the Charfty is potantl8lly exempt from taxation in
respect of income or ¢apltal gains r8c8lved wllhln categorfes covered by Chapter 3 Part 11
of the Corporallon Tax Act 2010 or S8Ctlon 2S6 of the Taxation of Chargeable Gains Act
1992, to the extont that such In￿me or galns are applied exclusiv81y to charitable
purpo888.
flx
The only langlble fixed 85sets held by the trust are freehold propertbes. They were Initially
recognised al cost. No depreciallon Is provkled on freehold buildings since In the opinion of
the trustees the potentl81 depreclation charg8 and accumulated d8precIa￿On on cost are
immaterial in relatlon to the market value of the properties.
Tr8d8 and olh8r debtors are recognlsed at th8 settlement amount after any trade dlscovnt
offered. Prepayments are valued at the amount prep8id nel of any trade discounts due.
2.8 C sh at bank and in hand
Cash at bank and in hand indudes cash and short-term hlghly liquid investments w5th
short malurity of three months or18ss from the date of a¢qulsllion or openlng of tho deposlt
or similar account.
Page11

DoDJsvJn En¥drpe10.. OF￿358&E04F4482￿JDDC66F40￿dEF4O
THE ATD FOURTH WORLD TRUST
MOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting poll¢Ses Icontinu8dl
Liabilities and
visions
Liabilttles are recognlsed when there18 an obligation al the balance sheet date as a result
of 8 past evant, 11 Is probable that a transfer of 8Gonomic beneflt will be requlred in
setuement, and the amount of the 88tt1emont can be 05timated reliably.
Liabiliknes aro recognised at the amount that th8 Charity 8nllcipal8S It wlll pay to settle the
d8bl or the amount il has received as advanced payments for the goods or servlces11 must
provide.
Provision8 ara measured at the best estimote of the amounts requirsd lo setdo tho
obligation. Where the effect of the time value of money is material. the provision is based
on the present value of those amount8, discounted at the pre-tax dlscounl rate that raflects
the r15ks spaciflc to tho 1Sablllty. Th8 unwlnding of the di6count Is recognlsed In the
ststement of flnancial acllvltle8 a8 a finance cost.
2.10Fln
Iruments
The Charfty onty has Iln8nclaS 88se15 and financlal Ilabllwes of a ￿nd that quallfy as b881c
flnancial Instruments. Ba8lc flnancial Instruments arg initially rg¢ognised at transaction
value and subsequently measured at IhelT settlement v8lug wmth the oxceptlon of bank
loans whlch are 8ub88quenWy m8asured 81 amort18ed uslng the effecuva Inl&rest
meth¢xl.
1Cas
lemenl
The flnanclal sla18ments do not include a cash flow statement because the tharity. as
small reportlng entlty. 1$ exempl from thé requiremanls to prepare such a stalern8nt.
.12P8
The Iru$l Is 8 Partlcipallng Employer In a money purchase schomo. Costs Incurred ar8
charged a8 paid.
2.13Fund
General funds are unrestrlcted funds whlGh are ava118ble for use at the dl8crellon of the
Trustees In lurtheranc8 of the general objeGb'v68 of the Chanty and which have not been
designated for other purposes.
Deslgnated fvnds comprise unrestrl¢ted funds that have been set aslde by the Trustee5 for
partbcJJlar purposes. The aim and use of each designated fund is set out in th& notes to the
financial statemants.
RgstriGled funds are funds which a￿ to be used in accordance with specific restrictions
imposed by donors or whlth have been raised by the Charity for partrcular purposes. The
costs of raising and administering such funds are tharged against the specffic fund. The
alm and us8 of each restrlcted fund Is set out in the notes to the financial statements.
P8ga 12

DL￿￿￿ En¥•W ID". OF8335BfvED4F44624C(ID-C66F4092EF40
THE ATD FOURTH WORLD TRUST
MOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 310ECEMBER 2024
Crltlcal accounting estimates and areas of Judgment
Estimates and ludgments are contlnually avaluated and are based on historical experience and
other factors. Including expectations of future ev8n15 that are bgliev8d to bè reasonable under
the circumstances.
Critical 8ccounllng as￿rnatO5 and assumptions..
The Charity makes estlmates and assumptlon8 concernlng the future. The resulting accounting
estimates and assumptions wll, by definition, Seldom equal the related actual r8suIts. However.
the trust88s are of the oplnlon that there are no estSmales and assumptions that have a
slgn5ficant rfsk of causing a material adjus(ment to tho carrylng arnounts of a88ets and liabllitie8
vAthin the naxt financial year.
Incom from donatlorb$ and legacies
regtrfcted Restrlcted
funds
fiJnd8
2024
2024
Total
funds
2024
D¢)notlons- ATD Foundatlon
57,526
57,526
re8tr1Gted Re8tri¢t•d
funds
fvnds
2023
2023
Total
funds
2023
Donatlong - ATD Foundatlon
117,450
24.000
141,450
Pagg 13

Do￿￿Van Env8ty¥8 ID: OF￿3S8&ED4F4482-￿)[￿6F4Q92￿F4O
THE ATD FOURTH YIORLD TRUST
MOTES TO THE FINANCIAL 8TATEMENT8
FOR THE YEAR ENDED 31 DECEMBER 2024
Incom8 from charltsble activltles
restrict6d
funds
2024
Total
fund3
2024
Fees for Activiknes
132,563
132,563
Un-
re$trlct8d
fund5
2023
Total
funds
2023
Fees for ActlvWoS
145.714
145,714
Incomo from charltablo a¢tlvilies repro$enls fees r8celved from a880clated charitlos ATD
Fourth Wodd Llmlt6d and assoGiat6d enUtle8 for the prO￿810n of Staff In exchange for
admlni6lralive a55islance.
Page 14

DOuJs￿n Env•knpe ID.. OF833sB￿EDIF4482_BDo[￿c66F4O52EF4O
THE ATD F(IURTH WORLD TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DEGEAI8ER 2024
Analysis of expendhur8 on charitable advities
Summa
restricted R8strict8d
funds
funds
2024
2024
Total
2024
Staff costs
W8llbeing
Fr8elancersl Subcontractors
Propety malnt8nance and rnpair8
Cedar Hous8 Improvement
Support Costs
158,633
158.833
5,379
9.231
5,379
9.231
12.633
8.720
12,633
8.720
179,963
12,633
192.596
Un-
re81rl¢ted R881rlcted
fund8
fund8
2023
2023
Totsl
2023
Stsff c0818
Wellbelng
Frn818n¢ar81 Subcontr8Gtor8
PfOP8ty malntenance and repalr8
Cedar House Improvement
Support Costs
185,528
185,528
2,090
1.299
1.299
38,327
6,805
38,327
8.805
195,722
38,327
234,049
Pag8 15

DO￿wiTh Envelope ITr. OF8335￿ED4F44a2.B0O￿aOF40￿LEF4O
THE ATD FOURTH WORLD TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR EMDED 31 DECEMBER 2024
Analysis of expendlturg by activitlos
Provision of
core worker
Personnel
2024
Property
manag
menl
2024
Support
costs
2024
Totsl
funds
2024
Wag8s, salaries and pensions
Wallbelng
Freelancorsl Subcontractors
Property maintenance and repalrs
Cedar House Improvements
Support ¢08t8
158,633
158,833
5.379
5.379
9.231
12.633
6,720
9,231
12,633
6.720
164,012
21.864
6,720
192,596
Provl8lon of Property
core worker
managa-
pernonnel
ment
2023
2023
Support
costs
2023
Tot81
funds
2023
Woge6, 88larles and ponslon8
Wellbeing
Freelanc8rsl Subcontractor8
Prop8rty malntonance and repalr8
Cedar House Improvements
Support ￿)sts
185,528
2,090
185,528
2.090
1,299
38,327
1,299
38,327
6.805
6.805
187,618
39,626
6,805
234,049
Pag8 16

Dow5vw Envoko• ID: OF83358&ED4F4482-BfrKyco6F4092EF40
THE ATD FOURTH WORLD TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 310ECEMBER 2024
Analysls of expenditure by acllvltles (conunued)
Analysls of support costs
Total
lunds
2024
A¢tivitles
2024
Independent Examlnatson
Accountancy
Bank Charges
In8urBnce
1.800
100
2,372
2,448
1,800
100
2.372
2,448
8,720
6,720
Totsl
funds
2023
AcllvlUe$
2023
Indepèndont Examlnatlon
Accountancy
8ank Charges
In8uran¢e
1,638
1,638
100
2.356
2,711
2,356
2,711
6,805
6,805
Page 17

Dwjswn Envak)pi ID". (F&1&s8￿E04F4482-BIyjw￿6F4092EF￿0
THE ATD FOURTH WQRLD TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
staff costs
2024
2023
Wages and salaries
Social $e¢unty costs
Contrlbution lo deflned contrlbullon pension stheThs
126.681
1,746
30,206
148.888
4,031
32,609
158,633
185.528
The average number of por8on8 employod by the Charity durfng th8 yoar was 88 follows:
2024
2023
No.
Employee8
10
No employee r8cefved remunoratlon amountlng to more than £60,000 in either yaar.
Kéy managment ￿ the tru6ts88. who receive no ramuneratlon,
Tru8tees' remunorabon and expens8$
Durlng the year. no Tru8teeB recalved any remuneratlon or oth¢r beneflts {2023 - £NIL>.
Durlng the yoar 8nded 31 Doc•mber 2024, no Trustee expense8 have been Incurred12023 - £
NIL).
Pag8 18

DrKu•iw ID.. OF833sB￿E04F44a2.p0O￿Cfj6F4O92EF4O
THE ATD FOURTH WORLD TRUST
NOTES TO THE FINANCIAL STATEMENT8
FOR THE YEAR ENDED 31 DECEMBER 2024
10. Tangible fixed as$ets
Fre8hold
pmperty
Cost
Al 1 January 2024
49,000
At 31 December 2024
49,000
ookv
At 31 December 2024
49,000
At 31 December 2023
49,iJOO
In accordanca wlth the SORP, th8 trustees have revlowed the market value of the propertles
and conslder these to be rnatarlally In excess of the value shown in the accounts. The trustees
have not Gommlssioned a ValUa￿n of the freehold land and buildlngs since they do not
conslder thi8 an approprfale use of resource8. The trustees conslder the bulldlngs lo have a
value In the reglon of £12 mllllon. The Iru8te85 con91der It appropriate not to depreclate the
propertles as there Is not Collsidored to be any dlmlnution In value.
11. Debtors
2024
2023
wlthin one
Debtors
Prepaymenlg and accrued Income
ear
32.175
20,OCN)
38,550
52,175
38,550
12. Creditors.. Amounts falling due within one year
2024
2023
Accruals and deferred Ino)me
other creditors
1,800
2.548
1,770
4.348
2,430
P8go 19

De￿￿gn Envekw ID.. OF8335B￿D4F-44B2-￿Qof￿C68F4O92EF4o
THE ATD FOURTH WORLO TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
13. Statement of funds
statement of fund8 - current year
Balance at
31
Transfers December
Inl(outl
2024
Balance at 1
January
2024
Income Expendlture
unrestrict￿ fvnds
Employee Benefft8 Fund
Building Fund
Cedar House - Deslgnated
Fund
50,000
79,398
15,379)
(7,5191
5.379
50,000
71,879
20,000
20,000
129,398
20,000
{12,898)
5,379
141,879
General
nd8
Gonaral Funds - all funds
140,328
170,089
(167,0651 118,012)
125,340
strlcted funds
269,726
190,089
1179,9631 (12,833)
267,219
R05triGt8d fund
Vl8ts Aegro
Cedar Hou8e Improvements
611
611
112,6331
12.633
611
(12,6331
12,633
611
I f funds
270,337
190,089
1192.596)
267,830
Page 20

Dow*ign En¥drye ID.. DF83353￿ED4F-44￿24ooE￿C86F4OB2EF4O
THE ATD FOURTH WORLD TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
13. Statement of funds (continued)
Employetr Bonofits D8Blgnated Fund
This fund 18 maintalned lo provlde for th8 SUPPOrt of coré workers. It has been ug8d to cover
speLial contrlbub'on5 needed to maintaln future pensions and Is Éo be used in fvture for other
8uth unexpected needs,
Deslgnatgd Bulldlng Fund
This fund represents moni8s eannarked for the malntenance and Improvement of the charity'8
propertle$ and is lo be used as and when needed for this purposo.
D￿19n81•d C•dar Hous• Fund
This fund represents monies earmarked for the maintenance arKI improvement of Cedar
House in particular.
Vl•ta Alogro Roslrlcted Fund
In 2015. tho Trust raised £6.403 In donatsons from privale individuals In the UK toward8 the
cost of a project In Peru whlch 81ms lo support an Impoveri8hèd local community In the
provislon of a building in whlch ATD Cuarto Munde, an a86OCi8t6 of tho Trusl, provides strèat
librarl88 for the Inhabltants. During 2017, the Trust remltted to th8 Vista Alegre communlty
£5,792. The balance of £611 Is held by the Trust unlll roquested by ATD Cuarto Munde.
C•dar Hou•• Improv•m•nt Ra•trlct•d Fund
Cedar Hous8 18 part of the Frlmhursl Famlly Home facllity. It Wa3 decided that 8 compl8te
rebulld of an old building would b8 major enhanGem¢nt ts the facilities and ¥eJvlces sKovlded
by the Trust.
P8gg 21

Dowsban Envew ID.. UF￿356￿D4F44B2-B￿jw66F4O¥2EF4o
THE ATD FOURTH WORLD TRUST
NOTES TO THE FIMANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DecEMBER 2024
13. Statemant of funds (eontlnued)
Statemant of funds - prSor year
Balance at
31
Tran8f8rs D6￿Mber
inlout
2023
Balance at
1 January
2023
Income Expenditure
Unrestrl¢ted funds
Dasi
naled fund
Employee Beneffts Fund
Building Fund
Cedar House - Deslgnated
Fund
50,000
(2.090}
(1.299)
2,090
45,697
50.000
79,398
35.000
50,000
35,000
13,3891
47.787
129,398
Gen8ral fundy
General Fund
152,866
228,164
1192,333) 148,3e91
140,328
nre8
202,866 283,164
(195,7221
{582) 269.726
cted f nd
Vlsta Alegre
Cedar House Improvements
611
13.745
611
24.OCrfJ
{38,3271
582
14.356
24.000
(38,3271
582
611
Total f f
217,222
287,164
1234.049)
270,337
Pag8 22

DO¢￿￿n Envelcpo ID: OF8333B￿D4F4452￿￿]D-c8fjF40W2EF4o
THE ATD FOURTH WORLD TRUST
NOTES TO ThE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DEGEMBER 2024
14. Analysis of net assets betsveen funds
Analy$ls of net assets between fvnd$- current period
r8stricted Restricted
funds
funds
2024
2024
Total
funds
2024
Tanglble fixed 88s6ts
Current a888ts
Credltors due ￿￿thIn on8 year
49.000
222,567
{4,348)
49,000
223,178
14,348)
611
267,219
811
267,830
Analysis of net a88et8 btheèn funds- prfor period
restrlcted Re8trlcted
fun¢Jg
fund8
2023
2023
Total
fund8
2023
Tangible fixed a$88t8
Current 8$88t8
Creditors due wllhin one year
49,000
223,156
(2,430)
49,000
223,767
(2.430)
611
269,726
811
270,337
15. Pen8lon8
During the year, the trust pald penslons conlrlbutlons Into a defined conlributlon p8n8ion
schemo arnunllng to £30.206 (2023: £32.609). Pen81on ￿ntrIbutiOnS are charged to the SOFA
when paid.
16. Related party transadlons
Durlng the ygar, ther8 were no transactlon$ ￿th relatad p8rt1es12023'. None>.
Page 23