REGISTERED COMPANY NUMBER: 02488240 (England and WAles) REGISTERED CHARITY NUMBER.. 803235 COMMONWEALTH HUiIIAN RIGHTS INITIATIVE UNAUDITED FJNANCIAL STATEMEIYTS FOR THE YEAR ENDED 31 MARCH 2024 Berringers LLP Lygon House 50 London Rood Bromley Kent BRI 3RA
COMMONWEALTH HUM RIGHTS tNITIATIVE CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 M&r¢h 2024 Pagè Report nf the trnstees Independent examiner's report Statement of fln2ncial activltles Balance sheet Notes to the financlal statements 10 to 15 Detailed statement or rinaneial actlvltle$ 16
COMMONWEALTH HUMAN RIGHTS INITIATIVE REPORT OF THE TRUSTEES for the year ended 31 March 2024 The trnstees who arc also directois of the charity for the pury)oses of the Companies Aci 2006, present their report with the financial statements of ihe charity for the year ei)dcd 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Sialernent of Recommended Practice applicable lo charities preparing their accounts in 3ccordanct witli the Financial Reporting Standard applicable in the UK and R¢piiblic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectlves and aims The Commoiiwealih Hum1 Rights Initiative (CHRI) is an independent, intemalioiial non-gov¢rnmei)tal organisation working for Ihc practical rcalisation of human rigllts Ihr()UEI)out the Commonwealtli. CHRI'S research. advocacy. capacity building. and mobilisalion efforts aim lo raise awareness of and demand accountability for human nlIS viol<ilions, push for policy refornis and evidcnccd_based inlervenlions, and empowcr communities by aTnplifying the voice5 of those who are nrginalISed. CHRI has offices in London, UK. Accr4 Ghana. and N¢w Dclhi, India. CHRI focuses on issues relating to accountability and participation in goveniance, including access to justice and access to information. freedoin of expression. media freedoms. as well as building the capaLlty of civil society to CeSS and engagc with LfN huinan ri8h15 mechaiiism8. The CHRI UK office also leads on the organisation's work on contemporary fonns of slavery and human Irafficking through rcsearch, capacity building. and grassroots n)obilisalion. CHRI UK tounded and is sccrelarial lo Ihc Commonwealth 8.7 N¢tWOTk - a global network of107 frontline civil society organisations workinb7 together to cradicate ontemporary fomis of slavery and human tratTicking. As the premier body promoting human rights in the Commonwcalth, CHIU promotes awareness of and adherence to the Commonwealih Charter and the Harare Declaration, in alignment with the Universal Declaration of Human Rights and other inlemati01181 human righis standards, as well as domestic laws supporting human rtshts in Cornmonwcalth member stales. Below ar¢ highlights of significant activities of CHRI UK. Slgnllleant aetlvities mmonwealih H ads of G rnmenl M lin CH A major focal poini of the year was CHRI'S preparation for and advocacy around thc Comrnonwcallh Heads of Govemment Meeting {CHOGMI, scheduled for Ihe week of 21 October 2024 in Apia, Samoa. Planning for activities in thc lead-up lo aiid during CHOGM weck began carly, aiming to ensure a strong presence and engagenient while spotligl)ling shrinking civic space, freedom of expression and media freedom. the impact of climat¢ change on modeTn slavery, and the rights of marginali5ed communities. keepiiig human rights central to the Coniznonwealth's ¥4geiida, Human Ri hts in the Commonweal Promotin CHRI UK cngages and partners with Coinmonw¢alth slatcs, institutions. and other accredited organisalions lo protect and promote human rights within the Commonwealth. CHRI UK Continues lo ¢onttibute to current Ilebates on critical issues of the Commonwealth. participating and speakii]g at various Commonwvallh evenls. including the Commonwealth Foundation's Roundtable on Gender, clirnate change and health: How can we do better for women and girls? (August 2023). the 10th Commonwealth Youth MinisteTS Mccting (Sept 2023), and the Cornmorfrwealth Secretariat SeLretary General'5 Dialogue with Accrcdiled Organisalions (October 2023) Freedom of Ex ression and Media Freedom Together with the Commonwealth Journalists Association {CJA), Comtnonw¢allb L&wyers Association (CLA), Ihe Institute for Commonwealth Studies (ICWS). the Intemalional Commission of Jurists, the High Level Panel on Freedom of Expression, and other partners. CHRI UK explored ways lo promote freedom of expTcssion and Inedia freedoin. This included advocating for the adoption of the Principles of Freedom of Expression and th¢ Role of Ilie Media in Good Gov¢rnanLe by Commonwcalth states at CHOGM 2024, and rcsearch and publication of a Lomprehensive report on legal strictE0n5 on freedoni of cxpres8ion across the Commonwealth. Pa£¢ I
COMMONWEALTH HUMAN RIGHTS INITIATIVE REPORT OF THE TRUSTEES for the year ended 31 L¥qgrch 2024 OBJECTIVES AND ACTIVITIES Slgnlfleant xctivities continued... onwealth 8.7 Network CHRI UK coiilinues in the role of Secretariat to support Ilic Commonwealih 8.7 Network - a network of 107 froiiiline Civil soctety organisations <1nd individuals across all regions (hat share a common vision to eradicate contemporary romis of slavery, forced labour and human trarricking. The Commonwealth 8.7 Network website (https'.Ihvww.eommonwealih-87.OTgn was updated to include advocacy statements and submissions released by ihe 8.7 Netsvork, blogs detailing ihe work of Network members, and relevant Yesour¢¢5 and publications. During this period. four issucs of The 11.7 Quarterly e-newsletter were published, highlighting the work of members aeross all region5 tackling issues of conteinporary fonns of slavery aiid human trafficking, sharing resource5, and lu'ghlighiiiig upcoming events and opportuiiilies. This i)owsl¢tter is disscniinated lo both NLtwork members and extcrnal stsk¢holders. CHRI UK organised <ind lield public webinars aimed 10 share good prdcticc &nd stimuliile debate witli a wide TanEe of stakeholders on Ihetnatic issues such as: disability and modern slavery and wornen'5 ernpowernient through skills developmcnt and vocational training. CHRI UK held two Regional Advocacy and Networking Meetings for 8,7 Network members.. a hybrid meeting in Ghana ror Africa and a virtual meeting for Asia members. The Ineclings fostered an exchange of good practice and lessons learncd, collaboration. and iiispired joint advocacy among Nctwork membcr5, while identifyin8 opporlunilies and defining a roadmap lo combai contei)Iporary forn15 of slavcry in bolh regions. Mcinbership lo the Commonwealih 8.7 Network grew by 23.360/0 in this pcriod. as CHRI UK focused on oulrcach. inviting organisations across Ilie Commonwealth to join and engage in Commonwealih 8.7 Network aciivilies, as well as fa¢ililaling collLctive advocacy al both inieTnational and nalional levels, ainplifying the priorities of 8.7 Network tnembers with UN human rigllts mechanisms, and with Commonwealtli teMber slaies. The 8.7 Nettvork is driven by its membcrs. particularly through four aciive operational working group5 compri8cd of niembers from all regions. These groups focus on implLmcnting the 8.7 Network strale¥ry in areas such membership engagement and growth, communications and capacity building, advocacy, and parInebiPs and business dcvelopmeni. CHRI organised the third Annual Gencral Meeting (AGM) of the 8.7 Network on 6 0kn'tobeT 2023, bringing together members from all five regions - Africa, Asia. Europe, Latin America and ihe Caribbcan. and the Pacific 10 reflect, d¢bal¢, share, learn, and identify strategies lo stretigthen the Nclwork and cnhance efforts to achieve SDG Target 8.7. International Advocac CHRI UK continues its international advocacy work, engaging with Cornmonwelllh institutions and UN human rights meLhani8ms_ Tliis includes engagcment at UN Hunian Rights Council (HRC) sc55ions. as well as Lngagem¢ni with Universal Periodic Review {UPR) proces5e5. and with relevant Speeial Procedures. CHRI UK also engages in awareness rdising and advo¢acy at the national level, bringing Commonwealth govemmenls and officials into the conversation at High Level Dialogues. Submissions and Ststeinenls S¢lecled submi.4sions dnd stalemenls in iliis period.. In Apiil 2023, CHRI IoEethcr with Commonwealth 8.7 Network membeÈ3 Fifty-Eight UK and Ululu Canada made inputs to the spla1 Rapporteiifs report on thc rol¢ of ieLhnology in faLililaling and preventing Lontempordry forJns of slovery. This report was presented at Ihe UN Hurnan Rights Council in Sepleniber 2023. On 28 April 2023. CHRI issued a state]Trent to mark ihe World Day for Healih and Safely al Work. CHIU c&lled on leaders of Commonwealth states to priorilise M'orkplace safety alld health for vulnerable workers, including persotjs with disabilities, who are at risk of forced labour and human IraifiLking. Page 2
COMMONWEALTH HULW RIGHTS INITIATIVE REPORT OF THE TRUSTEES for the vear ended 31 March 2024 OBJECTIVES AND ACTIVITIES Slgnificant aetivirfes continued... On 3 May 2023 CIIRI issued a statement to mark the World Press Freedom Day. urging Commonwealth leaders to tse decisive action to guarantee th¢ safety of journalists. On 12 June 2023 to mark the World Day Against Child Labour, CHIU is5u¢d a statemcnt calling upon leaders ot" Commonwealth nations to prioritise the eradication of child labour and lionour cominitmenls in ihc Kigali Declaration on Child Care and Protection Reform. In March 2024, CHRI iogether with Cominonwealth 8.7 Network members, It's a Penalty. and Horne4 of Hope, rcgponded to the Lall for inpuLs from the OHCHR lo infomi its report on the impacl of climate change on the realisation of the equal enjoyment of the right to education by every girl. CHRI also contributed to a spccial issue of The Parliainenlarian. Ihc journal of the Conimonwealtli Parliamentary Association, in recognition of the Ioih anniversary of thc Commonwcalth Charter. An article entitled Living up to the Charter? A human rights perspective provided CHRI'S view of the Commonwealih Charter after 10 years and how Parlianients and Parliamentarians can upliold ils values and principl¢s, particularly in relation to human rights. h Level Politic IFO CHRI UK continued to play a major role in the NGO Major Group ttnd the Regional Civil Society EnE8gement Mechanism {RCEM) for Europe. CHIU participaled in meetings of the NGO Major Group and RCEM which wcre held io plan alld prcpare for CSOS participation and contributions &t Ihe High-Level Political Forum (HLPF) in July 2023. As part of the engagemciil with rhe NGO fvlajor Group. CHR[ led Ihe coordinalion of th¢ Voluniary Natioiial Review Task Groups for Tanzania and Zambia. CHRI supported the drdfting of Civil society slaternenls dclivcred al the HLPF for the two countries as well as Ihe selection of speakers to deliver the statement in person al the HLPF In New York on behalf of CSOS. CHRI also cnsured tlie involvernenl of 8.7 Network meinbers in Tanzania in thc VNR processes and as part of tlie VNR Task Group. CHRI UK continued to ¢ollaborale with other UK-based anli-slavcry organisalions on the IJK'S Illegal IrnTnigration Bill, contributed to the Commoiiweultli Children's Interest Group {CornCIG), and engaged with Ihc Indcpcndent Forum for Commonwealth Orgunisalions (IFCOI. CHRI UK is a illembcr of the UK Modern Slavery Strategy und Implemenlalion Group (MSSIG) whiLh meets regularly lo support the implem¢ntation of, and provide advice on, the UK govemment's n)odern slavery strdiegy. The Curn¢ focus of this group is a review of Ihe UK'S Modern Slavery Act. These consultations are led by the UK'S Home Office and FCDO. Buildin CHRI partnered with The Freed(Jm Fund to implcmcnt the We Speak for Us" initiative, an international advocacy trdining program for grassrools anli-slavery NGOS. Through a participatory. learncr-centred approach, participants increased their knowledge of UN hun rights mechanisms, and strengthened their skills to conduct more effective advocacy ai an international level, particularly through engagement willi UN human rights mechanisms. Each trainin£ included a series of five to six workshops held over a three-week period. The traiiiing for Ethiopian parniers was completed in Aprillmay 2023. with the training for Bra7ilian partners completed in Scptemberloclober 2023. CHRI Human Ri his U date CHRI UK continues to produce the Commonwealih Human Rights Update on a wcckly basis, dissemiT)ating news Telated to human rights aeross tlie Commonwealth to over 650 subscribers. Page 3
COMMONWEALTH HUMAN IUGHTS INITIATIVE REPORT OF THE TRUSTEES for the year ended 31 Mrch 2024 0ECTIVEs AND ACTIVITIES PblIC beneflt The In151ees have had rcgard to Charity Coinmis5ion guidance on public bcncfit and Lonsider Ihal Ihc objeclives, aims aJ)d achievements of the chariry described ia th¢ report enable it to meet its duty 10 the Charity Coillniission as per section 17 of the CharÈties Act 2011. and to the bencfit of the public. FINANCIAL REVIEW Financial Review General unrestrlcd funds of £nil (2023: £6,557) are held al the year cnd. Therc arc £8,474 (2023= £66,649) of restrictcd ftinds at the year cnd. RL'sITiLlcd funds are madc up of Minderoo Founijation £5,978 (2023.. £43,422) and Commonwealth Parliamentary Associalion £2,496 12023: £nill. The following funds were all fully spent duTing the ycar and had balaTtces of; Natioi)al Endowment for Demwracy £nil {2023'. £14,866) and Frcedom Fund £iiil12023.' £8,361) The FOSI nd is to cover general operations. including human Tesources and facl-finding initiatives to support the r¢alisalion of human rights in ihc Coinmonwcalth. Thc Minderuo Foundation grant supports i'esearch, advocacy and capaciry building on contcmporaiy fonns of slav¢ry. fO¢d labour and lium&n trafficking, and includes support to thc Commonwealth 8.7 Netwo. The CDFATD fund is aimed lo ensu the practical realisation of Ihe rights of wonien prisoners in Iliree Indian slates, Ihrough policy engagement wilh prison departments and legAI service authoritie8. The T.U.U.T Charltable Trust fund supporLS research and communicaiions relating to the programme on the eradication ofconlemporary fonns of slavery. The MAC fund supports rhe project 'Str¢ngthening the Implementation and Use of Right to Information Laws lo Tackle Contemporary Fornis of Slavery and Human Tr&ilkIng,. The National Endowinenl for Democracy fund supports a projecl which enbiages und equips thc rnedia and civil society actors to tackle misinfonnation and disinfonnalion in news reporting atid rese4h. The Fre¥dom Fund supports capacity building trnining on advocacy and engaging witli the UN human rights mechanisms for frontline anti-slav¢ry NGOS. The Commonwealth Parliamentary Association sUPPOrts the development of an online course on hunian righty for the CPA Parliainentary Academy. The Charily's incoming resuurces ainounled lo £87,220 {2023.' £230,287). Oulgoiiig expcndilure on charilablc acliviLies (excluding support costs) during the year was £147,96312023.' £263,314). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by ils governing documeni, and conslitules a limited company. limited by guarantee. as defined by the Companics Act 2006. REFEREIYCE AND ADMINISTRATIVE DETAILS Reglstered Compny number 02488240 {England and Wales) Registered Charity nujnber 803235 Payc 4
COMMONWEALTH HUMAN RIGHTS INITIATIVE REPORT OF THE TRUSTEES ror tho year ended 31 Mareh 2024 Registered ol£e RooTn219 Senate House Malet Place London WCIE7HU Trustees Mr P Barua Fornier Director. Paymek Con&uliing Ltd (appointed I September 2017) {appoinled 30 April 2019) Mr O D Tudor Deputy Gencral Secretsry. Inlerniltional Trade Union Confederation (ITUC} Senior Global Practice Specialist IGovcrnance), DAI DiTector, Portfolio Value Creaiion AgDevCO Liniited MSEFMKC M5 H J RalLliffe (Treasurer iinlil 6 Sepiember 2023) Ms K West M5 C V Francis Mr S Tripathi (resigned 13 March 2024) (appointed 2 July 20201 Ind¢pcndent coiisultaiil Attorney at Law, Barbados Senior Advisor, Global 155ues, The Institute for Human Righis and Business Legal Counsel, Save the Children UK Fornier Journalist and Diplomatic Consultsnt (r¢signed 8 May 2024) (appointed 30 April 2021) (appointed 30 April 2021) M J D Wcaver M J G Robbins (appoint¢d 30 April 2021) (appointcd 18 November 2021) (appointed 25 August 202.3) Mr M Alafif (Treasurei, from 6 September 2023) Head of Finance, GKN Innovation Cenlrc Independent Examiner Berrin8crs LLP Lygon House SO London Road Bromley Kent BRI 3RA This report ha5 been prepared in accordance with the special pmvisions of Part 15 of thc Companic5 Act 2006 relating to gmall companies, 23 December 2024 Approved by order ofihe board of trustees on .................................... and signed on its behalf by.. M J G Robbins- Tiuslee Page 5
INDEPENDENT EMMINER'S REPORT TO THE TRUSTEES OF COMMONWEALTH HUMAN RIGHTS INITIA TIVE Independent examiner's report to the trustees ofcommonwcalth Human Rights Initiative ('the Company,) l T¢POrt to the charity truslccs on my examination of the acLounls of the Company for the year ended 31 March 2024. Responsibilities and basis of report As the charity's tsleeS of the Company {and also its directors for tl)e purposes of company law) you arc responsible for the pr¢paralAon of the accounts in accoidance wilh the requirements of thc Companies Act 2006 ('the 2006 Act,). Having satisfied myself that thc accounts of the Company are not qUIred to be audited under Part l6 of tbe 2006 Act and are eligible for independent examination, I report in respect of my exalninalion of your charity's accounts as carried out under Section 145 of the Charities A¢t 2011 ('Ihe 2011 Act,). In carying out my exarninalion I have followed the Dircclions given by the Charity Cornmi5sion under Section 145151 Ibl of the 201 l Act. Independenl exgminer's statement I have completed my exiltniriation. l Conf that no ntterS have corne to my attention in connection with the cxamination giving me cause to b¢lieve.' accoiinting records were not kept in respecl of the Company as required by Section 386 of the 2006 Ath. or the account5 do not accord M'ith Ihose records. or the account5 do not comply with the accoiiiiling requir¢rneiils of Section 396 of the 2006 Act other than any requireinent tlial the accounts give a irue and fair view which is not a matler considercd as part of an independent examiiiaiion; or the accounts hav¢ not bccn prepared in accordance with the melliods and principles of Ihe Stsiemcnt of Recommended Practice for accounting and reporting by Charities (applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Rcpublic of Ireland {FRS 102)). I have no conccrns and have come across no other rnatters in connection with the examinalion to which attenlion Should be drawn in this report in order lo ¢nable a proper undersianding ofthe accounts to b¢ reached. Paul Allan Bsocsc FCA The Instithte of Chartered Accounlanls in England and Wales BerrinEers LLP Lygon Huuse 50 London Road BTomley Kent BRI 3RA Date:.. Page 6
COMMONWEALTH HUMAN RIGHTS IIYITIATtVE STATEMENT OF FIN'ANCIAL ACTIVITIES ror the year ended 31 March 2024 2024 Total funds 2023 Tolal fimds Unrestricted fund ReslriLied funds Noles INCOME AND ENDOWMENTS FROM Ch&rit4ble actlvltlcs General Minderoo Foundation National Endown)ent lor Democracy Freedom Fund Cominonwealth Parliamentary Association 1,914 1,914 29,371 15,800 3A963 3,000 29J71 15000 36,963 3,000 138,577 67.552 23.966 Investent income 172 172 192 Total 2,086 85.1.14 87,220 230,287 EXPENDITURE ON Charitable ActLVlties General Foundation Opcn Society Instile Minderoo Foundaiion Dcp¢ittinLnt r)f Foreigm Affairs The TUUT Charitablc Trust The Margaret Anslee Cenire Nolional Endowment for Democracy Fr¢¢dom Fund Commonweallh Parliamcntary As50cialion 8,643 8,643 2,337 27.945 112,344 .867 16.408 26,246 63,945 15,606 66,816 66016 30,66S 45a24 504 30.665 4SJ24 504 Total 8,643 143J09 151,952 266,698 I ET INCOMEI(EXPENDITURE) (6,557) 158,175) (64,732) 36,411) RECONCILIATION OF FUNDS Total funds brought forward 6,557 66,649 73,206 109,617 TOTAL FU]YDS CARRIED FORWARD 8,474 8,474 73,206 The notes fom] part ot-thesc financial statements Page 7
COMMONWEALTH HUM RIGHTS INITIA TIVE BALANCE SHEET 31 Mareh 2024 2024 Total funds 2023 Total funds Unreslri¢ted fund Reslricied funds Notes CURRENT ASSETS Debtors Cash at bank 35,828 100,585 36,828 11,140 47,968 36,828 11,140 47,968 136,413 CREDITORS Amount5 falling duc within one year (36J28) (2.666) (39A94) (63.207) NET CURRENT ASSETS 8,474 8,474 73.206 TOTAL ASSETS LESS CURRENT LIABILITIES 8,474 8,474 73.206 NET ASSETS 8,474 8,474 73.206 FUNDS Unrestricted funds Restrieied funds: Minderoo Foundation National Endowment for Democracy Freedom Fund Commonwealth ParliamLnlary Association 6.557 5,978 43,422 14,866 8,361 2,496 8,474 66,649 TOTAL FUNDS 8A74 73,206 The charitable company is entitled to exemption from audit under Section 477 of the Cornpanies Act 2006 for the year ended 31 Mar¢h 2024. The ij)ernbers have not required the company lo obtain an audit of it.1 financial stralemenls for Ihc year end¢d 31 MaTch 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledgc Iheir responsibilities for (al ensuring Ihftl thL charitable company kceps accounting records that comply wilh Sections 386 and 387 of the Coinpanies Act 2006 aiid preparing financial statements which give a te and fair view of the slate of alfairs of th¢ charitable company as at the end of euch financial year and of its surplus or deficit for each financial year in accordance wilh Ihe requirements of Sections 394 und 395 and whi¢h otherwise comply with the requiirinenls of the Companies Act 2006 relating to financial statelentS, so far as applicable to the charitable company. Ibl The notes forni part of these financial statements Page 8 continued...
COMMONWEALTH HUMAN RIGHTS INITIATIVE BALAN'CE SHEET- Continued 31 March 2024 The financial statements have been prepared in ac¢ordancc willi ihe pmvisions applicable io charitable conipanies subject to the small companies reglme. The financial statemeiits were approved by the Board of Trustees and auihorised for issue 23 Decemb¢i 2024 and wcre signed on ils behaifby- on M J G Robbins- Trnstee The notes forni part of these financial statements PaE¢ 9
COMMONWEALTH HUMAN RIGHTS INITIATIVE NOTES TO THE FINM'CIAL STATEMEIYTS for Ihe year onded 31 Mareh 2024 ACCOUNTING POLICIES Basis of preparlng the finanelal stgtements The financial slaletnents of the charitable company, wliich is a public bellefil cnlity undcr FRS 102, have been prepared in accordance with the Chgrities SORP (FRS 102) 'Accounling and Reporttng by Charilieg.. Statement of Recommended Practice applicable to charilics preparing their accounts in accordance with the Financial Reponing Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Conipanies Act 2006. The financial statements have been prepared uiider the historical cost convention. Income All income is recognised in 11)e Staleinent of Financial Activities oilce the ¢hari¢y has entiilemenl lo the funds, il is probable that the income will be re1Ved and the ainount can be measured reliably. Expenditure Liabiliiies are recognised as expenditure as soon as there is (I legal or LonslructiVL' oblibFalion cominilliiig the charity to that expenditure. il is probable that a transfer of economic benefits will be required in s¢ttlement and the amount of the obligation can be nieasurcd reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related lo the category. Wl)ere costs caniiol be directly attributed to particular hcadings they have been allocated lo aclivilic5 on a basis consisieni with the usc of resources. Taxatlon Th¢ charity is exempt from corporation lax on ils charitable activities. Fund a¢¢ountlng Unreslricled ffijnds can be used in accordance with the charitable objectiv¢s al the discretion of the Iruslees. Restricted funds can only be used foi. particular restricted purposes within rhe objects of the chlty. Restrictions arisc when specified by the donor or wl)en ndS are rni9ed for particular restiicted purposes. Further explanalion of the narui'e and PUTpose ol'each fvnd is included iii the noies 10 the finuncidl stalernenls. Golng concern The Iruslees have reasonable expecialion that Ihe charity has adequaie reSoueS Io Lonlinue for the foreseeable fjjthre. The charity therefore continues lo adopt the going concem basis in preparing ils financial slateni¥nts. IIYVESTMENT INCOME 2024 Total funds 2023 Total Unrestricted funds Restricted nds D¢posit account intCTest 172 172 192 Page 10 continued...
COMMONWEALTH HULW RIGHTS If41TIATIVE NOTES TO THE FINANCIAL STATEMENTS- continued for the year ended 31 Matth 2024 CHARITABLE ACTIVITIES COSTS Direcl Costs Support costs Totals General Minderoo Foundation National Endowmenl for Democracy Freedom Fund Commonwealth Parliamentary Association 5,139 66,662 30,521 45,137 3,504 154 144 187 8,643 66,816 30,665 45,324 504 504 147,963 3,989 151,952 Analysis of dlrect costs Con5ultan¢ Trdvcl Ev¢nt5 Interns IT & Comm. Mindemo Foundalion Notional Endowment for Democra¢y Freedom Pund Comrnonwealth Parliamentary Association General 31.100 1.099 3.348 1,883 16,673 22,050 434 5,890 3,067 463 1.734 360 843 72,157 7,783 3,067 3,811 2,726 Finance Policy, research & advocacy Pro¥rumme mgmt. Project cooi'dinaiion operatio ns Total Mtnderoo Foundation National Endowmenl for Democracy Freedoni Fund Comrnonwealth Parliamentary Association General 578 24,795 3589 270 66,662 9,263 9,198 1,833 3,839 2,318 30,521 45,137 30 504 5.139 1,177 1,025 608 43,256 10,942 3,613 147,963 Pagell continued...
COIVllVJONWEALTH HUMANL RIGHTS INITIATIVE NOTES TO THE FINANCIAL STATEMEIYTS- continued ror the yeAr ended 3] March 2024 TRUSTEES, REMUNERATION AND BENEFITS Tliere were no Itustees, reniuncration or bcnefits for the year ended 31 March 2024 Iior for Ihe year ended 31 March 2023. Trustees, expense5 During the year, no trustces were reimbursed for cxpenses incurred (2023: one tnle¢ was reiTnbursed £2.792 for expenses incurred). COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrcstrictcd fijnd Rcstricled fvnds Total funds INCOMF. AND ENDOWMENI TS FROM Charitable activitles Minderoo Foundation National Endowment for Democracy Freedom FLd 138,577 67.552 23,966 138,577 67,552 23,966 Inveslmeni incoinc 192 192 Total 192 230,095 230,287 EXPENDITIJRF. ON Charliable activitles General Foundalioii Opcn Souiety Instiluie Minderoo Foundaiion Deputhnenl of Foreign Affairs The TLfuT Charitable Trust ThL Margaret Anstee Centre Naiional Endowinent for Democracy Freedom Fund 2,337 2,337 27,945 112,344 1.867 16,408 26,246 27,945 112.344 1,867 16,408 26.246 63.945 15,606 15,606 Total 2,337 264,361 266,698 NET INCOME1(EXPENDuREj (2,145) (34.266) {36,411) RECOLYCILIATION OF FUIYDS Total fvnds brought fon¥ard 8,702 100.915 109.617 TOTAL FUNDS CARRI ED FORWARD 6,557 66.649 73,206 Page 12 continued...
COMMONWEALTH HUMAN RIGHTS INITIATIVE NOTES TO THE FINANCIAL STATEMENTS- contlnued ror tht year ended 31 Mareh 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Prepaymenls and accrued income 35,828 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other creditors Accrued expenses 2&692 10,802 28,692 34.515 39894 63,207 Other creditors includes £28,692 (2023.. £28,692) owing lo Conunonwealth Human Rtghis Initiative India. MOVEMENT IN FUNDS Nel movernenl in funds At 31.3.24 Al 1.4.23 Unrestrieted funds General fund 6,557 (6,557) Restrl¢ted fllnd$ Minderoo Foundation Naiional Endowment for Democracy Freedom Fund Commonwealth Parliamentary Association 43,422 14,866 8J61 (37,444) (14,866) (8J61) 2,496 5,978 2.496 66,649 (58,175) 8,474 TOTAL FUNDS 73,206 (64,732) &474 Nel moveinenl in fjjnds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 2,086 (8,643) (6A57) RestrlLted funds Mindemo foundation National Endoii'ment for DemocTdCy Freedom Fund ComTnonwealtli Parliamentary A5SOClation 29,372 15,799 36,963 3,000 (66,816) {30,665) (45J24) {504) (37,444) (14,866) (8J61) 2,496 85.134 (143,309) (58,175) TOTAL FUNDS 87,220 (151,952) (64,732) Page 13 continued...
COMMONWEALTH HUM RIGHTS INITIATIVE NOTES TO THE FINANCIAL STATEMENTS - coutinued for the yoar ended 31 Mar¢h 2024 MOVEMENT IN FUNDS- ¢ontinued Comparative5 for movement in funds Net movement in fvnds At 31.3.23 Ai 1.4.22 Unr¢striettd funds General fund 8,702 (2,145) 6,557 Re5trlcted funds Foundation Opcn Society Insti1¢ Minderoo Foundation Canada Departm¢nl of Foreign Affairs The TUUT Charitable Trust The Magaret An5tee Centre Nalional Endowment for Democracy Freedom Fund 27.945 17,190 1,867 16,408 26,246 11,259 (27.945) 26.232 (1.867) (16,408) (26,246) 3.607 1S,361 43,422 14.866 8,361 100,915 (34,2661 66,649 TOTAL FUNDS 109,6l7 (36,411) 73,206 Compardtive nel movemcnt in fijnds, included in the above arc as follows.. Incoming resouices Resources expended Movement in fimds Unrestricted funds General fund 192 (2.337) (2,145) Restricted funds Foundation Opeii Society Insliiule Mindcroo Foundation CaDada Departmenl of Foreign Affaits The TUUT Charitable Trust The Magarel Anstee Centre National Endowment for Democracy Freedom Fund (27,945) (112,344) I 1.867) (16,408) (2C?,246) (63,945) (15,606) (27,945) 26,232 (1,867) {16,408) (26.246) 3,607 8,361 138,576 67,552 23,967 230,095 1264,361) (34,266) TOTAL FUNDS 230,287 (266,698) (36,411) The restricted funds held as at 31 March 2024 will be expended on Charitable activities in fijture years. Page 14 ¢ontinued.-.
COI¥IMONWEALTH HUMLN IUGHTS INITIATIVE NOTES TO THE FINANCIAL STATEMENTS- Continued for the year ended 31 March 2024 RELATED PARTY DISCLOSURES As at 31st March 2024. £28,692 was owing lo CHRI India (2023.. £28.692). Page IS
COMMONWEALTH HUMAN RIGHTS INITIATIVE DETAILED STATEMENT OF FINANCIAL ACTIVITIES (or the year ended 31 March 2024 2024 Total nds 2023 Total fun(Ls Unrestricted nds Restrtcted fLinds INCOME AND EIWOIVMENTS Investment income Deposit account interest 172 172 192 Charitable aetivities Oiher income Giants 1,914 1,914 85,134 85,134 230,095 1,914 85,134 87,048 230.095 TotAI in¢oming resources 2,086 85.134 87220 230,287 EXPENDITURE Charitable Activrties Consiiliancy Travcl & Subsistence Events Interns IT and communication Policy, rescarch & advocacy Programme management Proje¢l coordination Printing & promotion Finance and operations 1,7J4 360 70,423 7,42.1 3,067 3BII 1,883 608 43,256 9,765 72,157 7,783 3,067 3,811 2,726 608 43,256 10,942 102,315 13,454 8,141 10,873 3.103 29,994 43,456 29,282 700 21.996 843 1,177 1,025 2,588 3,613 5,139 142,824 147,963 263,314 Support Costs Flnance Bank charges 264 485 749 1,131 Governlnce cost¥ Independent examination 3,240 3,240 2,253 Tolal rcsources expended 8,643 143J09 151,952 266,698 Nel (expenditure)lincome (6,557) 1511.17S) (64,732) {36.411) Tliis page does noi forni part of the statytory financial statements Page 16