Coiiipaiiy registratioii iiuiiiber: 2481025
Cliarity registratioii iiuiiiber: 1019182
Sharing One Language
(A LC)11)paiiy liii]ited by gvu(Iraiitee)
Aiiiiual Repiirt diid FiiidllLidl Stateiiieiits
t()r tlie year eiid¢d 31 DeL'eiiib¢r 2024

SHARING ONE LANGUAGE
CONTENTS
RetereiiLe and Adii]iiiistrative Details
Trustees, Rep()rt
2to6
liidepeiideiit E￿1]111]er'S Rep()i't
Srateii]eiit ot Fiiidiicial ALtivilies
BaldllLe Slieet
state11￿11t c)t Casli Flc)ws
10
Note% to tlie FiiiaiiLial Srdteiiieiii
Ilto23

SHARING ONE LANGUAGE
REFERENCE AND ADMINISTRATIIE DETAILS
Secretarv
S Brewer
Charitv Registratioii Number 1019182
Companv Registration Number 2481025
Tlie Lliarity IS iIILI)rp()rated iii EIigvl<iIid aiid Wales.
Bridgre Cli£iIi￿erI
Tlie Straiid
BARNSTAPLE
Registered Office
Dev()ii
EX31 IHB
Glc)vei' Siaiibury
Iii%titute ()t Cliartered ALL()Ulltai)l% iii Eii&Tl¢iIid aiid Wale
30 B¢¢ll' Sti'¢¢t
BARNSTAPLE
Iiidepeijdent Exaniiijer
Dev()ii
EX32 7DD
HSBC plL
10 H igTlI Street
BARNSTAPLE
Bankers
D¢v()i)
EX31 IBQ
Page I

SHARING ONE LANGUAGE
TRUSTEES, REPORT
Tlie trustees, wlio are direLtors toi. tlie purposes of Loiiipaiiy law, pre4eiit tlie aiiiiual repi)rt ti)getlier
witli tlie tiiiaiicial stateiiieiits ot tlie Lhdritable coiiipaiiy tur tlie year elided 31 DeLei]il￿r 2024.
Trustees and officers
Tlie trustees aiid otticers serviiig duriiigv tlie year aiid siiice tlie year eiid were as tollows:
Trustees:
M Huiiitrey
D G Lugygiar
S Pliillips 1(IPP()iiited 24 February 2025)
L A TdlltLIll l<lPPI)illted 8 OLtc)bei' 2024)
A H S Wliite (re%igviied 28 Nc)veiiibei' 2024)
S Brewei.
Secretary:
FiiiAncial review
2024 lia% beeii a peri()d ot coiisolidaiioii tur tlie tiiiaiiLe% ot SOL dli)ii&v witli iiiajor LIMii&ves iii teriii%
c)t ()pei'afiiiii.
Tlie retire11￿11t c)t Gi'¢iiville Ye(). IiiiigT tiiiie Maiiagiiii&T Direct(Ir, was pldiiiied tc)i' by tlie trustee% aiid
tlie pei'iiuiieiit %t<ltt. Tlie deLi%illli wa% ukeii t() pi'iiii)i)te Kirsty B(Iwie t() be tlie iiew M<lll<l¥FiII
Dii'¢ct(ii' but Iii ei]%ure c()iitiiiu¢d success tli¢ r()1¢s aiid j()b desLI'ipri1111s ()t tli¢ pei'iiiaiieiit statt liav¢
In beeii Iii()ditied %() Iliat we ii()w liave ¢i IIUlld&7eii)eiit teaiii. Tlii% li<1% beeii iii()Iiit(Ii'ed by tlie ti'ustee
C£ Z Vi<1 C)ui' i'eg7ulai' ii*etii)g.
> z u Tl)e aLliieveii]eiit ()t tlie tillciiicial gTI)dl ()t 61 £50,(K)O resei've lias beei) acliieved. Tliis was pi)%4ible
0 < 4 tlir()ugli tlie Laretul Li)11sider<lti()ii ()f tlie iiuiiag7eii)eiit ()f %tatt L()Sts aiid seekiiig t() ill<ixiiiil%e tlie
IIIL()Iiie ti'i)111 studeiils L()IiiiiigF ()ii c()ur.5¢s leiiipei-ed by ilie iieed til reiii<illl true ti) ()ui' Lliai'itdble
iiiteiitii)Ii%. Tliere are Still LlidlleiigTe% ii) Ili1% dl'ea a% LlidiigFiiigT rule% ()11 iiiiiiiigTI-alii)iilvi%iliiigT wliiLII
liave iiiipaLled ilie Liists Al￿t by vi4il()rs will uiidi)ubiedly iiuke gyr()up dyiiaiiiiL4 111()i'e v()l<ilile,
Tlie L()Illiiiues, p(1St Ll)vid, reluLt<lllLe ()t taiiiilies t() dct as 111)sts 11<15 led t() liiiiitali()115 ()ii gTriiup
Attei. tlie ye<ir eiid SOL tdLes 11]aj()r uplie<iV<il% witli reg7drd t(1 aLL()iiiiii()ddti(111. Tlie BridgTe Tru%t.
(iui- laiidli)rd4. are eiiibarkiiigv ()ii a ii]aji)i- retit ()t tlie pi-eii]i%e4 diid %() SOL we will be iiiiiviiigT t()
iiew r(i()iiis. Iii tlie %pirit ()t Ll)()perdti()ii witli tlie tru%t SOL gave up tlie teiiaiiLy ()11 tlie 'B(xik Sliiip,
spaLe iii tlie buildiiigv %() it Lould be repurpi)sed.
Tlie tuture b()i)kiiigs are l()()kiiigv liealtliy but tlie iiitlati()iiary ecoii(Iiiiic cliiiiate is raisiiig Li)sts acr()ss
Eur()pe. Tlie etteLt is Iii()Iiit()I'ed by tl)e %tatt wlio repi)rt baLk t() tlie trustees.
T() illLrease our re%ilieiiLe we liave eiiipl()yed Saiija tu raise our pi'()tile iii Ed%terii Eui'i)pe by
atteiidiiigv L()IltereiiLes aiid raiqiiigF (iur priitile direLtly witli %Lli(ILils. Tliis li()petully will teed tlii'iiugTII
as Iiew gyr()ups coiiie t() visit (iiid dtteiid courses liere iii tlie UK. TIIis Is 111 ddditi()ii t() tlie w()rk (It
co(Irdiiiatc)rs iii P()laiid aiid Slovakia. Tlie iiext Llialleiige is tu till tlie wiiiter seasoii witli studeiits as
tliis is a tiiiie wliere we still liave Lu%ls but iio payiiig visitors.
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SHARING ONE LANGUAGE
TRUSTEES, REPORT
Policy on reserves
Sliariiig Oiie Laiiguage liolds reserves iii its aLLouiit% to sustaiii sliort teriii caslitlow iieeds. As tlie
aLtivitie% are iimiiily sea%oiial, reserves are vital to aid Laslitlow iii tlie wiiiter iiioiitlis. Also, as a
i)iitiiigTeiiLy ag(IlllSt tlie risks outliiied bel()w, tlie aiiii is to iiuiiitaiii a reserves level ot at least
£50,0(M). lil reLeiit years, due to tlie sigiiticaiit adverse etieLt ot Lovid up()ii tlie result% ot tlie Llurity
tlii8 aiiii lia8 11()t beeii aLliieved H()wever iii tlie Lurreiit year tlie £50.OCK) t(IrgTet lia8 beeii aLliieved
agaiii diid tlie trustee% are eiidev(iuriiigv to build tlie total aCLuiiiuldted tuiid% bdLk to tlie saiiie level
tlie Lliariry li£id betore tlie Lovid-19 P<iiideiillL.
Objectives and activities
Objecis aiid ainis
Tlie aiiii ()t Sli<iriii&v Oiie Laiigyuage L'()Illiiiue% t() be t() pr(Ivide supp()rt tor tlie te<icliiIigv aiid leariiiiig
c)t EiigFlj%li jii tlie c(iuiitries c)t Eastei'ii diid Ceiitral Eur()p¢. Tlies¢ L(lUlltries Lc)IlliIiu¢ li) liave
eL(111(IliliL %ituati(Iii% re4uliiiigT jii vei'y IL)w iiiLoiiies by UK %iaiiddrd% aiid %() aLLes% to tlie EiigFlj%li
l<lllgTU<i&Fe is c)tteii re%ti'icted as a result beLau%¢ c)t tli¢ L()st c)t tuitii)Ii aiid ti'avel,
Sli¢ll'iiig Oiie L¢iiigfu<igTe's pri)visii)ii c)t s11()i't ¢c)ur.ses t()r studeiits, teaLliei's aiid tuiure te¥iLlier
tlir()u&ylii)ut tlie ye<il' ill ()Ul' ceiitre% Iii N()rtli Devi)ii L()Iitiiiue% ti) be Ilie backb()Iie ()t ()ui' w()rk aiid
Pl'illkll'y iIIL()iiie earlier, Tl)e reci'uitiiieiit c)t iialive speakiiigT tedcliers is a iiiucli Ii)wer pi'ii)rily d.5 tlie
deiiuiid. as well as tlie supply ()t ie<iLlier%, Ii<l.% L(Iiitiiiued ti) t¢ill. SLlI()()I pi)puldtii)11s are talliiig,
CÉ l{)Ciil ledcliers dre le<iLliiiig Idrgrer clas5¢5 diid iiii)i'e less(111S diid sLII(K)1s Laiiii()t att()rd tlie additii)iial
W CD J L{i%ts ()t aLLI)Illlil()dati()ii requii'ed t()r ¢i Iiative spedkiiigT teaclier.
Public beiiefit
As de%Lribed ab()ve. tlie Llidrity supp()rls tlie le<iLliiiigF aiid le<iriiiiigT ()t EiigTli%li iii tl)e L(iuiitri¢s ()t
Ecl%terii diid Ceiitral Eui-i)pe. Ovei. tlie year4 tlie Lliarity lid% Pl-i)vided eduLatii)ii til tliiiu%aiids lit
iudeiiis diid ie<icliers wli() ()Ilierwi%e wi)uld ii(It liave aLLe%s til ali EiigFI i%li le<iclier, Tlie gTr()up% ili<lt
vi%it tlie Uiiited KiiigTd()iii al%1) beiietit tlie wider eLiiiiiii)iy as well, PdrtiLularly iii tlie N()rtli Dev(Iii
are<l.
Tlie Ti'ustees L()Iltiriii tlidt tliey liave L()iiiplied willi ilie require11￿1]ll ()t seLli()11 4 ()t tl)e Cliarilie4
ALt 2011 t() liave due regyard t() tl)e publiL beiietit gTuidaiiLe publislied by tlie Cliarity C()ii)iiiissi()ii
t(Ir Eiigvlaiid aiid Wales,
Page 3

SHARING ONE LANGUAGE
TRUSTEES, REPORT
Statement of trustees, responsibilities
Tlie trustees (wli() are also ilie directors ot SI￿ri1}g Oiie Laiiguage tor tlie purp()8es ot ¢()iiipaiiy law)
are resp()iisible tor prepariiig tlie trustees, rep()rt aiid tlie tiiiaiicial stateiiieiit% iii aLLoi'ddiiLe witli
appliLable law aiid Uiiited Kiiigvd()iii ALLI)Ulltiiig Staiidards (Uiiired Kiiig)d()iii Geiier<illy ALLepted
ALCI)Ulltiiigv Practice). iiicludiiigv FRS 102 'Tlie FiiiaiiLidl Rep()rriiigv StdiiddTd (Ipplicable iii tlie UK
aiid Republic cit Irelaiid" Tlie repi)i't diid aLL()Ullt% liave beeii prep(Ired iii <iLLOI'daiiLe witli tlie
pi'iivi%ii)Lis iii tlie C()IiiPciiiies ALt 2006 reldfiiigv to %iiull L()iiipaiiies.
C(IlllPdlly law requires tlie tru%tee% tc) prepare tiiiaiiLial %Liteiiieiit% tor eaLli tiiiaiiLial year. Uiider
LI)IIWiliiy Idw tlie ti'u%tee% iiiu%t ii()t (IPPI'()V¢ tlie tiiiaiiLial %tdteiiieiit% uiile%s tliey al'e satistied tlidt
tliey give a ti'ue diid tail- view ()t tlie %tdte ()t attdiT% ()t tlie Lliai-itdble Li)IllPillly diid ()t tlie illcillllliig
resc)Ul'Les diid dppIiLclti(Iii c)t re%ciurLes, iiiLludiiigv its IllLciiiie aiid expeiiditui'e, c)t tlie Lliaritdble
LI)IIIP<llly tur tlidt pei'ii)d. Iii prepariiig tliese tillallLial %1ateii]eiit%, tlie tru%tee% are required t():
elect suitable aLL()uiitiiig pi)liLies aiid (Ipply tlieiii L()11si%teiirly'
()b%erve tl)e iiieili()d% aiid pi'iiiLiples iii Ilie Cliai'itie% SORP,
i)]<ike judgyeiiieiiis aiid estiiiute% tliat are rea.%()Iiable aiid prudeiit;
%t¢iie wli¢tli¢i' appliL<ible aLL()uiitiiigT staiiddrds, L()iiipi'i%iiigi FRS 102 liav¢ b¢¢ii t()Ili)wed, subjeLt
t() dlly IlUteri¢il deparrui'es disLI(1sed aiid explaiiied iii tlie tiiiaiiLial stateii]eiils' aiid
pi'epaTe tlie tiiiaiicial stateiiieiits ()ii tlie gy{)iii&v c()IILei'ii b<lSi% uiile%% it Is ill<ippri)pi'iate t() pi'e%ui)ie
tliat tlie cliarilable LIIIIIP<lliy will c(>iiriiiue iii busiiie%s,
> z u Tlie trustees al'e Tesp()11sible t()i' keepiiig pi'i)per <iLL()UllliiigT reL()rds tliat cali disLI()%e witli re¢l.%()Il<ible
0 < 4 aLLUI-aLy at <illy tiiiie tlie tiiiaiicial pi)silii)ii ()t tlie Llidl'itable Ll)IIIPdliy diid eiidble tlieiii t() eii%ui'e tlidt
a tlie tiiiaiicial stateiiieiitS Ll)Iiiply willi Ilie Ci)IllPdiiie4 Act 2(H)6. Tliey al'e (1151) re%pi)11.%ible t()r
ategFuai'diiig tlie (i%%ets ()t tlie Llidl'itable LIIIIIPdlly diid lieiiLe t(Ii' IdkiiigT rea.%(Illdble 4lep% t(Ii' tlie
pi-eveiilii)11 ¢iiid deleLti()ii ()t trdud (iiid ()tliei' iri-egruldrilies.
Tlie trustees al'e respi)ii%ible tiir tlie 11i4ilileiidllLe aiid iiilegTrily ()t tlie Ll)rpiirate aiid tiiiaiicial
iiit(Iriiiatillll illLluded ()ii tlie Llidl'itable Ll)IIIPdlly'S website. Legri%latiiiii gT{)veriiiiig tlie pi-epai-ati(Iii
aiid di5seiiiiiiali()ii ()t tiiiaiiLial stat¢iii¢iits iiuy ditter ti-i)iii legyisldti()ii iii i)tliei- juri%diLti()Ii%,
Structure, goveriiaiice and manageinent
Nature of goveriiiiig docuinent
Tlie ()rgvaiiisatii)ii is a Lliaritdble Li)iiwaiiy liiiiited by guaraiitee. Tlie L()iiipaiiy was establislied uiidei.
a Meiii()rdiiduiii ()t A%s(ILidti()ii wIIiLli establislied tlie ()bjeLts aiid p()wers ()t tlie Lliaritable L()IIIPdlly
aiid is gi)veriied uiidei. its ArtiLles ot As%(ILidti(111. Iii tlie eveiit ()t tl)e L()iiipaiiy beiiig wi)uiid up tlie
iiieiiibers liability will be a Iiiaxiiiiuiii ()t £1.
Recruitiiieiit aiid appoiiitinent of ¢rustees
Tlie Dii'ect()rs ()t tlie Li)iiipaiiy are (ilq() tlie cliarity tru%tees aiid il]aiiag)e tlie orgaiiisatii)ii as a Bciard
ot Ti'ustee%. Tliis b()ard is lieaded by tlie Lliaii'pei's1111. New ti'ustees are app()iiited by tlie Bciard it a
suit<ible Laiididate is ideiititied wlio would beiietit tlie L()iiipaiiy witli regdl'd tu tlieir kii()wledge aiid
experti%e.
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SHARING ONE LANGUAGE
TRUSTEES, REPORT
Induction and ¢rainiiig of trustees
As sucli, traiiiiiig ot tlie tru%tee% is ii]iiiiiiial altli()ugli, prior to aiiy app(iii1tii￿l}l, tlie activities ot
SOL are expldiiied as part ot tlie iiiduciioii pri)Less.
Orgaiiisational structure
Tlie day to day ii]aiiagyeiI￿I1t ot tlie Lliarity is uiidertakeii by tlie geiieral iiLllidgyer Greiiville Yeo. Tlie
tru%tee% Iiave L()11]11]i%sioiied a Li)ii%ult<liiLy review ot tlie %truLture aiid tutui'e liuiiagyeii￿I1t ot Sli(Il'illg
Oiie Ldllgyudgre be<ifiiigv jii illliid tliat tlie gyeiiei'al ii)aii<igver will be retiriiig iii tlie iiot too disLiiit tuture
altli()ugyli tlii% will be pli<i%ed iii ovei. a iiuiiiber ot ye¢ll'S.
Major risks aiid manageiiien¢ of those risks
Tlie iiiaj()i' ri%k% t() wliiLli tlie Lliarity is exp()sed, as ideiititied by tlie tru%tee%, liave beeii reviewed
aiid sy.%ieiiis liave beeii e.%tabli.%lied ic) try t() iiiitl&Y<lt¢ tlic)se risks. Tlie iiuiii risks al'e e¢i)ii()Iiii
taLt()r%, exLli<iii&re rate tIuLruari(Iii%, Lliaiigres eiiaLred as part ()t tlie Brexit iiegy()tiati()11s, tlie Lurreiit
war iii Ukraiiie aiid alsc) c)tliei' p()litlL<il LluiigTes iii visa p()licies etL,
Small compAnies provisioii st<?teinent
Tliis I'epi)i't lias b¢¢ii pi'ep<ired iii dCLI)rdaiiLe witli tlie 5111<111 Li)11)P<iiiies regy ji]ie uiider tlie Ci)i)IPdiiie%
c£ z ALt 2006.
W CD J FiiJancic41 instruments
a Objeciives aiid policies
Tlie Lliarity, % activitie% exp()%e it t(1 a Iiuiiibei. i)t tiiiaiicial risk% iiiLludiiig Li'edit i-i4k. Ld%li tli)w I'i%k
aiid liquidily ri%k. Tlie use ()t tiiiaiicial derivatives is g7{)vei-iied by Ilie Lliarity's pi)liLie% dPPI-Iived by
tlie b(Idl'd (It tru%t¢¢s, wliiLli pi-livide writteii pi-iiiLiple% i)ii tlie use (It tiiiaiicial dei'ivatives t() Iiuiidbre
tliese ri%ks, Tlie Lliarity d()e4 11()t use derivdlive tiiiaiiLial iii.%lruiiieiits ti)i- %peLuldtive purpi)%e%,
Cash flow risk
Tlie Cliarity's activities exp()se it priiiurily t() tlie tiiiaiicial risks ()t LliaiigTe% iii ti)reigvii LurreiiLy
exLliaiigve rates aiid iiiterest rates. H()wev¢r. tlie Lli<irity iiuiiily iiiv()iLes iii GBP wliiLli iiiiiiiiiiises tlie
dii'ect iiiipaLt ()t tlie%e Llidiigye%. Iii dddili(Iii. tlie Lliarity's reserves p()IiLy aiid als() payiiieiit iii
advaiiLe t(Ir c()urses Iiieaii4 tliat tliere s11()uld be 11() exp()sure tu iiiterest rate Lliarge%.
Credit risk
Tlie Cliarity's priiicipal tiiiaiicial a%%ets are baiik bdlaiiLes aiid Lasli, trade aiid ()tliei' receivables. Tlie
Cliarity's Lredit risk is priiiiarily attributable t() its trade reLeivables. Tlie aiiN)Ullls preseiited iii tlie
b<ildllLe %lieet are iiet ot (Ill()W(Iiices toi. diiubttul reLeivables. Ali allowaiiLe toi. ii1ipairii￿l]t IS Illdde
wliere tliere is ali ideiititied loss eveiit wliicli, based oil previous experieiice, is evideiiLe ot a
reduLtioii iii tlie reLoverability ot tlie Ldsll tlows.
Tlie Lredit risk oil liquid tuiids aiid derivative tiiiaiiLial iiiqtruiiieiits is liii]ited because tlie
ci)uiiterparties are bdiiks witli liigli Lredit-ratiiigs assig)iied by iiitei'iiati()Ildl Lredit-ratiiigv ageiicies.
Tlie CIMrity lias iio sigiiitlLaiit Loiiceiiti-atioii ot Lredit risk, witli expi)sui'e spi'ead over a large
iiuiiiber ot Li)uiiterparties <iiid LU%tuiiier5.
Page 5

SHARING ONE LANGUAGE
TRUSTEES, REPORT
Liquidity risk
Iii ordei. to iilqiiitaiii liquidity to eiisure tliat sutticieiit tuiids are available tor oiigoiiig operati()iis aiid
tutui'e devel()piiieiits, tlie Clidrity uses aLLuiiiulated tuiid% Iield iii uiirestricied reserves.
Fui'tlier details regv<irdiiig liquidity risk cali be touiid iii tlie Stateiiieiit ot dLLI)Ulltiiig p()licies iii tlie
tiiiaiicial stdieiiieiits.
Tlie aiiiiual repi)i't was appr()ved by tlie tru%tee% ot tlie Lliarity 011 8 July 2025 aiid sigiied oil its
belialt by:
M Huiiitrey
Ti'u%tee
Page 6

SHARING ONE LANGUAGE
INDEPENDEivf EXAlkIlNER'S REPORT TO THE TRUSTEES OF SHARING ONE
LANGUAGE ('THE CONIPANY,)
I repi)rt to tlie Lliarity trustees oil iiiy exaiiiiiiatioii of tlie aLLouiits of tlie Coiiipaiiy tor tlie year
elided 31 DeLeili￿1. 2024.
Responsibilities aiid basis of report
As tlie LIMrity's trustee% ot tlie Ci)ii)paiiy ((iiid also its direLtor% tor tlie purp()%es of L(IlllPdliy law)
y()u are respiiii.4ible tc)i' tlie pi'eparatii)ii ot tlie aLLuuiit% iii aLcordaiiLe witli tlie requireiiieiits ot tlie
C(Iiiipaiiies ALt 2006 ('tlie 2006 ALt').
Hiiviiigy sati%tied iiiy%elt tliat tlie aLLUUllt% ot tlie Ci)IllP<liiy are iiot requii'ed to be audited uiider P£irt
16 c)t tlie 2006 ALt aiid are eligyible tor iiidepeiideiit ex<iiiiiiiaTiiiii, I rep(ii't iii re.qpeLt ot iiiy
exaiiiiiiali(Iii ()t y()ur Lliai'ity's aLL()Ullt% as Larried ()ut uiider %eLtiuii 145 ()t tl)e Cliaritie% ALt 2011
('tlie 2011 ALt'). lil cari'yiiig ()ut iiiy exaiiiiiidtic)ii I liave tc)Ilowed tlie DirecliC)11s giveii by tlie
Cli<irity CuiiJiii.%%i(Iii uiidei- %eLli()11145151(b) ()t tlie 2011 ALI.
Independent e.¥amiiJer's stateinent
Siiice tlie C(IlllP<llly'S gyri)55 illLI)iiie exLeeded £250,0(K) yi)ur exaiiiiiier iiiust be a iiieiiiber ()t a bi)dy
li%ted iii sectic)11 145 c)t tlie 2011 ALt, I L()iitii'iii tli¥lt I aiii qualitied tc) uiidei't¢ike tlie exaiiiiiiatic)ii
beLause I aiii a iiieiiiber ()t (ICAEW), wliiLli1s ()iie ()t tlie listed b()die%.
In I liave Liiiiipleted iiiy exaiiiiiiatiiiii. I Liiiitirii) Iliat li() il]<ltter% liave L()Iiie t() iiiy atteiili()ii lil
C£ Z c{)iiiieLfi()ii witli tlie ¢Xciiiiiiiatii)11 griviii&i i]l¢ L<lUS¢ t() b¢liev¢;
aLLllUlltiiigT reL()rds wei'e ii()t kept iii re.4peLt ()t Sli<iriiig Oiie LdllgYU<igTe as required by seLtii)ii
386 ()t tlie 2006 ALt' ()r
2. tlie aLL()Ullts d() ii()t aLL()rd witli tliii%e reL()rd%' ()r
3. tlie aLL()Ullts d() ii()t L()iiiply witli tlie aLL()uiitiiigT requireii*iii4 ()t %eLti()11 396 ()t tlie 2006 ALt
()tlier ilidli aiiy requireiiieiit tli<lt tlie dLLllUllts gTive a 'ti'ue (11)d t<iir view, wliiLIi is 11()t (I Iiuttei.
L()1isidered as part ()t ali iiidepeiideiii exai)iiiiali()i)' ()r
4. tlie aLL(lUllts liave ii()t beeii prep<ired iii aLL()rdaiiLe witli tlie 1]￿tI]i)d4 aiid priiiLiple% ()t tlie
Staleiiieiit ()t ReL()iiiii*iided PrdcfiLe tiir aLLI)uiitiiigv aiid rep()rtiiigv by Llidrilies IdppIiLable t()
Llidrities prepdrii)g tlieii. (ILLI)Ullts iii aLL()rdaiiLe witli tl)e FiiiaiiLial Rep()rtiiig Stdiiddl'd
appliLable iii ilie UK aiid RepubliL ()t Irelaiid (FRS 102)].
I liave 11() LIIIILeriis aiid liave L()iiie aLr()%s 11() ()tliei' IlL2tters ii) L()iiiiectioii witli tlie exaiiiiiiatii)ii t()
wIIiLli atteiiti()ii %li()uld be drdwll 111 tlii% rep()rt iii ()rdei- tu eiidble a pi'iipei. uiiderstaiidiiigv ot tlie
aLL()Ullts t() be redLlied.
Nigel Beiiiiett FCA
Iii%titute ot Cliartered ALLOUlltaiits iii Eiiglaiid (Iiid Wales
(ICAEW)
30 Beal- Sti-eet
BARNSTAPLE
Devoii
EX32 7DD
8 July 2025
Page 7

SHARING ONE LANGUAGE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER
2024
(INCLUDING INCOME AND EXPENDITURE ACCOUNT AND STATEMENT OF TOTAL
RECOGNISED GAINS AND LOSSES)
Total
2024
Total
2023
Unrestricted
Note
Income and Endowments from:
Dciiidti0118, legvdLies aiid gyraiits
Cliai'itable dLtivitie8
Otliei. tradiiigv dLtivities
Iiive%tii￿I]t iiicoiiie
384
985.571
3.159
3.706
384
985,571
3,159
3.706
483
884.977
5.673
2.017
Tc)tal IiiL()iiie
992.820
992.820
893.150
Expenditure oil:
Raisiiigv tuii(L
Cliaritabl¢ ¢lLtivitie
(8,072)
1947,0121
(8,072)
1947,012}
(5,6411
1856,689}
Tc)tal Expeiiditure
In Net iiiL()Iiie
(955.0841
1955.084}
1862.3301
37.736
37.736
30.820
Net iii(Iveiiieiit iii tuiid
37,736
37,736
30,820
Recoiiciliatioii of ftjnds
(J u) tt T()tal tui)ds bri)ugTlit t()rw<ird
T()tal tui)ds Lari'ied ti)rwdrd
20.255
20.255
(10.5651
22
57,991
57,991
20.255
All ()t tlie Llidrity's aLtivitie% derive tr()111 Ll)IltiiiuiiigTr ()perali()114 duriiigv tlie ab()ve tw(I periiid4.
Tlie tuiids bredkd()wii tiir 2023 is 511()wii li) ii()te 22.
Page 8

SHARING ONE LANGUAGE
(REGISTRATION NUNIBER: 2481025)
BALANCE SHEET AS AT 31 DEcE￿[BER 2024
2024
2023
Note
Fixed assets
Taiigible assets
15
4.286
4,014
Current assets
StOLk%
Debt()r%
Ca%li at bal￿ aiid iii lidiid
16
17
18
500
1.255
239.IK)9
250
249.517
249,767
240,764
Credilors: Amouijts falliiig due williiii oiie vear
19
(162,2271
(184.301)
Net current assets
87,540
56.463
Total ssets less current liabilities
91,826
60.477
Creditors: Amouijts falliiig due ¢2fter more thwi oiie l'ear
In Net &ssets
20
133,8351
{40,222)
57.991
20.255
CÉ Funds of the ch.2riti':
> z u Unrestricted iiicome fuiids
a Uiire%tricted tuiid
57,991
20.255
Total fuiids
22
57.991
20.255
F(Ii' tlie tiiiaiicial yedl- eiidiiig 31 DeLeiiiE*i- 2024 Ilie Lliarity W<lS eiititled ti) exei)Ipti()ii tr()iii audit
uiidei. secti()11477 (It tlie Ci)11]Pdiiie4 ALt 2(X)6 relatiiigv t(1 siiull Liiiiipaiiies.
Dii'ect()rs' re.spniisibilities:
Tlie iiieiiiber4 lidve 11()t requii'ed tlie Lliarity t() ()btaiii ali audit ()t its aLL(iuiits tiir tlie year iii
questiiiii iii aLL()rdaiiLe witli %eLtic)11476' aiid
Tlie dii'ect()rs aLkiiiiwledgve tlieii. re.sp(111sibilities tC)I' L()iiiplyiiigv witli tlie require11￿1]l$ ()t tlie ALt
witli respeLt tu aLLI)uiitiiig reciirds aiid tlie preparati()ii ()t aLL()uiits.
Tliese tiiiaiiLial stateiiieiits liave beeii prepared iii aLLI)I'd<iiiLe witli tlie speLial provisioiis relatiiig to
ci)ii]paiiies subjeLt to tlie 4iiMII ci)ii]paiiies regiiiie witliiii Part 15 ot tlie C()iiipaiiies Act 2(K16.
Tlie tiiiaiicial stateiiieiits oli pag)es 8 tu 23 were appr()ved by tlie trustees, aiid autliorised tor issue oil
8 July 2025 aiid sigiied oil tlieii. belialt by:
M Huiiitrey
Trustee
Page 9

SHARING ONE LANGUAGE
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Note
Cash flow's from operating activities
Net Labli iiicoiiie
37,736
30,820
Adjustments to cash flows from non-cash itenis
DepreLMti()ii
liive%tii]eiit iiicoii]e
1.072
(3,706)
35.102
1,035
12.017}
29.838
Working capital adiuslments
DeLred%e iii stC)Lk
DeLI'e<ise/l iiiLI'e<ise) iii debtcirs
Decrease iii Lr¢dilcir
(DeLI'easelliiiLrea%e iii deterred iiic(Iiiie
16
17
19
20
500
1.005
(2821
(21,8761
(538)
(23,9471
49.628
Net L<isli tliiw% tr()111 i)perdfii)gT aLtivifie
In Cash floii's from investing activities
C£ Z Iiiiei'est receiv<ible aiid %iiiiildi' iiiL(Iiiie
W CD J Pui'Llia%e ()t tdiigyible tixed a.sset
0 < 4 Net L<is11 tli)w% tr()111 iiive%tiiigF aLtivitie%
(J u) tt Cash flows froni fiiiancing activities
Repdyiiieiit ()t Iiiaii% aiid bi)rri)wiiigy
Net iiicrea%e iii Ld%li aijd Ld%li equiv<ileiii
Casli aiid La41) equivdleiit4 at l Jaiiudry
Ca%li aiid Lasli equivaleiits at 31 Deceiiiber
14.449
54.981
3.706
(1,3441
2.017
(855)
15
2,362
1,162
19
(6,3031
13,4981
10.508
52,645
239.009
186.364
249,517
239,(K19
All ot tlie Ldsl) tl()ws are derived triiiii L()iitiiiuiiigv (Iperatii)11s duriiigv tlie above two perii)ds.
Page 10

SHARING ONE LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS FOR THE TrEAR ENDED 31 DECEMBER 2024
I CHARITY STATUS
Tlie Lliarity is a clurity liiiiited by guaraiitee, iiici)rp()rated iii tlie Uiiited Klligdoiii aiid ¢{)iisequeiitly
doe% iiot Iiave slidre capital. EaLIi L)t tlie tru%tee% is liable to Lollliibute ali aiiiouiit iiot exLeediiigv £1
towards tlie assets ot tlie clmrity iii tlie eveiit ot liquidatii)ii.
Tlie address ot its registei'ed ottice is:
Bridgye Cliaiiibeis
Tlie Sti'aiid
BARNSTAPLE
Devoii
EX31 IHB
Tliese tiiiaiiLial %tdteii]eiit% were autli()rised tur issue by tlie trustee% 0118 July 2025.
2 ACCOUNTING POLICIES
Suinniarv of sig]iific2nt accouiiting policies nd kev accouiiting estimates
TI1¢ pi'illLipal dLL(lUlltiiig pi)IiL les dpplied iii tli¢ pi'ep<if<iliiiii ()t tli¢s¢ tiiiaiiL ial %tateiiieiil% ¢ire Set ()ut
b¢l()w. Tliese pi)liLies Iiave beeii Li)ii%isteiirly ¢ipplied ti) all tlie yedl'S pi'e%eiited, uiile.%% ()tlierwi%e
c£ z st4lted.
W CD J Stlc tenient of coiiipli.qiice
0 < 4 Tlie tiiiaiicial stateiiieiits liave beeii prepared iii aLL()rdilllLe witli ALLI)UlltiiigT ciiid Repi)rtiiig by
a Clidi'itie%: Stdteiiieiit (It ReLiiiiiiiieiided Pi'actiLe Idppl iLcible t(1 Llidrilie% pi'ep(ii'iiigF tlieii. dCL(lUlIts iii
(J u) tt aLL()rdaiiLe willi Ilie FiiiaiiLi<il Rep()i-liiig Si<iiid<il'd appliLable ii) Ilie UK (iiid RepubliL ()t Ii-el<iiid
(FRS 1021) (issued iii Ocli)bei' 2019) Icliai-itie4 SORP IFRS 1021), tlie FiiiaiiLidl Rep()rliiig
Sidiiddl'd <ippIiLable iii tlie UK aiid RepubliL ()t Ii'elaiid l FRS 102) aiid tlie Ciiiiipaiiie4 ALt 2(M)6,
Bic sis of preparc?tion
SIILlI-iiig Oiie Ldllg7UdgTe Iiieets tlie detiiiitii)ii ()t a publiL beiietit eiitiiy uiider FRS 102. As%efs aiid
liabilities are iiiilidlly reLiigyiiised at lii%tiiriLdl L()st ()i- trdllSdLti(111 Vdlue uiile%s (Itlierwi%e stated iii tlie
relevdllt aLL()uiitiiig p()IiLy 11(Itcs,
Goiiig concerii
Tlie tiiiaiiLial stdteiiieiits Iiave beeii prepared ()11 a g7{)iiigTr c()IlLerii bdSiS. Tlie tru.%t¢es assess wlietliei.
tlie use ()t gToiiigTr L(Iiicerii is appr()pi-iate i.e. wlietliei- tliere are aiiy Iiiaterial uiiLertaiiitie% related t()
eveiits ()r Lc)iiditi()1is tli<lt iiuy Last sigviiitlLdllt diiubt ()ii tlie ability ()t tlie Lliarity ti) L(Iiitiiiue as a
giiiiigF c(IiiceTii. Tlie tru%tees 1]￿ke tlii% assessiiieiit iii respeLt ot a perii)d ot oiie year troiii tlie date ot
appri)val ()t tlie tiiiaiiLial st<iteiiieiits.
Income and eiidoivments
All iiicoiiie is reci)giiised oiice tlie LI￿rIty lias eiititleiiieiit to tlie iiicoiiie, it is pri)bable tliat tlie
iiicoiiie will be received <iiid tlie aiiiouiit ot tlie iiicoiiie reLeivable cali be iiieasured reliably.
Page 11

SHARING ONE LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS FOR THE TrEAR ENDED 31 DECEMBER 2024
Donations aiid legacies
Doiiatioiis are rec()giiised wlieii tlie cliarity lias beeii iiotified iii writiiig ot botli ilie aii]ouiit aiid
seuleii]eiit date. lil tlie eveiit tliat a doiiatioii is subjeLt to Loiiditioii% tliat require a level ot
pert(IriiiaiiLe by tlie Lliarity betcire tlie Lliarity is eiititled t() tlie tuiids, tlie iiicoiiie is deterred aiid ii()t
reL()gTiiised Uiiiil eiilier tliose Loiiditioii% are tully iiiet. oi. tlie tultiliiieiit ot tliose Loiiditi(Iii% is wli()Ily
wiiliiii ilie Lc)Iitrc)I c)t tlie Lliarity diid it is pi'i)biible tliat tliese Lc)iiditi0118 will be tultilled iii tlie
rep()i'tiiig peri()d.
Deferred iiicoine
Deterred iiic()iiie repre%eiits aiiK)uiit% reLeived tur tutui'e pei'ii)ds aiid is released ti) iiicnii]iiig
resc)ui'ces iii tlie peri()d tor wliiLlI, it lias beeii reLeived. Sucli iilLC)Iiie is ()Iily detei'red wlieii:
Tlie di)iiiir speLlties tliat tlie gyraiit ()r d(IiialiC)11 Illust ()iily be used iii tuiure aLL()uiitii)g peri()ds' or
Tlie dLllI()i- lia% iiiwi)%ed Luiidilioii% wliicli iiiu%t be iiiet betore Ilie Lli<irity lia% uiiLoiidiliuiial
eiititleiiieIii' c)i'
Aiii()uiit% iiiv(iiced dui'iii&T tlje yedl. t()r a sub%equeiit ye<ll'S Vl%it are L<irried t()rward wiiliiii cr¢dif()r
¢1.% acLrued iiic()Iiie.
Other trading activities
In Slii)p IiiL()Iiie is reLI)&711i%ed as eariied (tliat Is, as tlie relaied gy()IKls or servlLes al'e pi'iivided).
liivestiiieiit iiicoiiie
> z u li1ve.5tii￿11t iiiL()iiie is reL()gTiii4ed ()1161 reL¢iviible b¥lSiS.
(J u) tt Oiher iiicoiiie
IiiL(Iiiie triiii) Lliaritable aLtivities represeiit4 dllKlUllts reLeiv<ible a.s gTr()up4 vi%it tl)e Uiiited KiiigTd()iii,
Aiii()uiit% iiivi)iLed dui-iiigT tlie year ti)I' a sub%equeiit year4 vi%it are Lari'ied tiii'ward witliiii Lredit()r%
a.4 aLLrued iiiL()iiie.
Page 12

SHARING ONE LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS FOR THE TrEAR ENDED 31 DECEMBER 2024
Expenditure
All expeiiditui'e is recogyiiised oiice there is a legval or c()nstructive nbligyatioii ti) tliat expeiiditure, it
is pr()bable settleiiieiit is requii'ed aiid tlie aiii()uiit cali be iiieasured relubly. All LOSt% are dlloLated
ti) tlie dpplicdble expeiiditui'e lieddiiigv tlidt dgygiregate siii]ilar LU4t% tu tliat Lategv()ry. Wliei'e LOSt%
Lallllot be directly attributed to pai'tiLulai' lieadiiigs tliey liave beeii alloLated oil a babis Loii8isteiit
witli tlie use ot resources, witli ceiitrdl statt Losts alluLated oil tlie basis Ot tiiiie Speiit, aiid
deprecialiiiii Llidl'gTes allc)Lated oil tlie p()rti()ii ot tlie as%et's use. Otlier suppi)rt LOSt% are alloLated
based oil tlie spread ot %tatt Losts.
Raisingfunds
Tliese are L()%t% illLurred iii attraLtiiigv v()IuIiTary iiicoiiie, tlie iiu1iagieii￿I1t ot iiivestiiieiiis aiid tlic)se
ii1Luri-ed iii trcidiIigv aLiivilie% Iliat raise tuiids.
Charitable activities
Cliaritable expeiiditui'e L()Iiiprises tlic)%e L()%t% iiicurred by tlie Lliariry iii tlie delivery c)t its ¢lCtivitie
aiid services tur it% beiietiLiarie%. It iiiLlude% Ixiili L()%t4 tli<lt Laii be all(JL<lted direLily t() %uLII
aLtivities aiid tlic)%e L()st% c)t ali iiidirect iuture iieLe%%ary t() supp()i't tlieiii.
Supwrt costs
In Suppi)I't Lii%ts iiiLlude ceiitr411 tuIiLti()11s aiid1i4ive beeii alli)Ldted t() aLtivity L()%t LdtegTiiries c)11 d bi151
c£ z L{111si%teiit witli tlie use ()t re%()ui'Le%. tiii. exdll)ple, ¢illi)L¢ilii)g pi'iipei'ty Li)%t% by tl()()I' drea%, ()I' per
CÉ Lapif<l. Statt L()Sts by tlie till￿ speiit ¢iiid ()tlier L()st% by tlieir u.%<igTe,
Governc2nce costs
a Tliese iiiLlude Ilie L()st% atti'ibutable ti) tlie Llidrity'S Ll)IiipI iaiiLe witli Li)1istillltll)Il<il aiid statutiiry
requii-eiiieiit4, illLludiiigT 4lrdlegriL iiuiiagreiijeiil diid trustees iiieeliiigr4 aiid reiiiibui'%ed expeiises.
Taxation
Tlie Lliarity IS Ll)ii%idered tll Pd54 ilie tests set (iut iii P£ifdgyi-apli I SLliedule 6 ()t tlie FiiidiiLe Act 2010
aiid tlieret()re it Iii¢ets tlie detiiiiti()ii ()t a Lliai'itdble Liiiiipaiiy t(Ii' UK L()rpi)i-atiiiii tax purp()%e%.
ALLI)rdiiigyly, tlie Lliarity is pi)teiitially exeiiipt tr()iii tdxali()ii iii re%peLt ()t iiiL()iiie ()]' Ldpital gTai114
received witliiii Ldtegvi)rie% Liivei'ed by Cliaptei- 3 Pai't 11 ()t tlie Ci)i-p()i-atii)ii Tax ALt 2010 ()1.
SeLti()11 256 ()t tlie TdXdti()ii ()t CliargTeable Gdi1iS ALt 1992. ti) tlie ¢xt¢iit tliat suLII illL()11)e ()]- gTai11s
are applied exclu%ively t() Lliaritdble purpi)%e%.
Taiigible fixe(l assets
Iiidividual tixed (1%sets are iiiitidlly reL(Irded (It Lllst. less aiiy subNequeiit aLLuiiiulated depreLiati()ii
aiid subNequeiit aLLuiiiulated iii]P<iiriiieiit l()s%es.
Page 13

SHARING ONE LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS FOR THE TrEAR ENDED 31 DECEMBER 2024
Depreciatioii aiid amortisation
DepreLUti()ii is pr(Ivided oil t(iiigyible tixed asset% so as to write ott tlie Lost or valuati()ii, less aiiy
estiiiuied residual value, ovei. Ilieii. expected usetul ecoiioiiiic lite as tollows:
Asset class
Leaseliold pi'nperty iiiiproveiiieiiTS
Fixture% aiid tittiiigs
Stock
SiuLk is Vdlued at tlie lower ot Lost aiid iiet realisable Vdlue, after due regv(Ird tor ()b%ulete aiid slow
iii()viiig stC)Lks. Net reali%dble value is based ()11 selliiig pi'ice less aiitlLiPilted selliiigv LO%t%. Cc)%t is
deteriiuiied usiiig tlie tirst-iii, tii'%t-()ut (FIFO). IteiiL% doiiated tor resale or distributioii are ii()t
iIILluded iii tlie tiiiaiiLial %tateiiieiit% uiitil tliey are sc)Id c)i' disti'ibuted.
Depreciatioii method aiid rate
5 % straiglit liiie bdsis
20,% reduLiiig balaiiLe
Trade creditors
Ti'ade ci'edit()1's are i)bli¥y<lti()11s tc) P<ly tc)I' gy{)()ds c)r services tliat liave beeii aLquired iii tlie i)rdiii<ll'y
Lourse ()t busiiie%% tr()111 suppliers. ALLIIUIII% Pdydble al'e Ll<lSSitied as Lurreiit liabilitie% it tlie Llurily
di)es 11()t liave ali UiiL(Iiiditi()iial rigrl]I, at tlie eiid c)t tlie rep()i'tiiig perii)d, t() deter setrl¢iiieiit c)t tlie
Lredit(Ir tiir at least Iwelve iii(Iiirli% attei. tlie rep()i'tiiig d<lte. It Iliei'e is ali UllL()Iiditi(Iiial i'igTlit ti) detei.
eiil¢ii)eiit tc)i' at least twelve iii()iitlis dtter tlie repi)riiiigT date. tliey 4ire pi'eseiited 415 111111-Lurreiit
In liabilitie%.
W CD J Ti'ade Lredit()r% are reLI)g711i%ed iiiitidlly at tlie iraii%aLti()ii pi'ILe aiid subsequeiitly iiie<i%ured at
> z u aiii()rri%ed ci)st usiiigi tlie etieLtive iiitei'e%t IiieTlI()d,
a Forei￿) exch1¢ l)ge
Ti'aiisdLti()11s iii tiireigyii curi'eiicies al'e tr<iii%l<lted iiiti) 4tei'l iiigT at tlie exLliaiigye rate I'uliiigT at tlie ddte
()t tlie traiisaLti(Iii. Mi)iieldl-y dssets diid l labilities deiii)Iiiiiiated iii ti)reigyii Luri'eiiLie% are traiislated
illli) 4lei-liiigv (it Ilie Lli)%iiigv rates at ilie bdlaiiLe slieel dale aiid Ilie exLliaiigre dittei'eiices (ire iliLluded
ii) tlie stateiiieiit ()t tlllallLial dLtivitie%.
Fund structure
UiirestriLted iiiL()iiie tuiid4 are gTeiiei'al tuiids iliat are avdildble tiir use at tlie trustees di.%creli()ii iii
turtliei'aiiLe ()t tlie i)bjeLtive% ()t tlie Lliarity.
Peiisioiis and other post retireinent obligatioiis
Tlie Lliarity Li)Iitributes t(1 a detiiied L()Iitributi()ii peiisi()11 SLlieiiie wliicli is a peiisi()ii plaii uiider
wIIiLli tixed Liiiitributi()11s are paid iiito a peiisi(Iii tuiid aiid tlie Lliarity lias 11() leg)al ()r Li)1istruLtive
obligydti()ii t() pay turtliei. L()iitributi(11is eveii it tlie tuiid d()es 11()t Ii()Id suttiLieiit <i%%ets to pay all
eiiipl()yees tlie beiietit4 relatiiig t(1 eiiipl()yee service iii tlie Lurreiit aiid prior perii)ds.
Ciiiitributiciiis to detiiied ciiiitributioii plaiis are reci)giiised iii tlie state11￿11[ ()t Fiiiaiicial Activities
wlieii iliey are due. It L()Iitributioii payiiieiits exLeed tlie Loiitributi(Iii due toi. service. tlie excess is
reL()giiised as a prepayiiieiit.
Page 14

SHARING ONE LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS FOR THE TrEAR ENDED 31 DECEMBER 2024
3 INCOME FROM DONATIONS AND LEGACIES
Uiirestricted
funds
Total
2024
Total
2023
Geiieral
Doiiati0118 aiid legJaLies'
Doiidli()i)s
384
384
483
384
384
483
4 INCOME FROM CHARITABLE ACTIVITIES
Uiirestricied
funds
Geiieral
Total
2024
Total
2023
Griiup L()iifributi()11
985.571
985.571
894,977
5 INCOME FROM OTHER TRADING ACTIVITIES
Unrestricted
fuii(Is
Geiieral
Total
2023
fuii(Is
Tr<idiiigF ji]L()iiie'
SIIiip IllL()Iiie tr()111 sale ()t di)iiated gT{l()d4 aiid services
3.159
3.159
5.673
3,159
3,159
5,673
6 INVESTMENT INCOME
Unrestricted
runds
Geiieral
Total
2024
Total
2023
Iiitere%t receivable aiid siiiiilar iiicoiiie;
Iiitere4t reLeiviible oil baiik dep()sits
3,706
3,706
2.017
Page 15

SHARING ONE LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS FOR THE TrEAR ENDED 31 DECEMBER 2024
7 EXPENDITURE ON RAISING FLNDS
COSTS OF TRADING ACTIVITIES
Unrestricted
Total
2024
Total
2023
Geiieral
Costs c)t g(x)ds sold
8,072
8,072
5.641
8.072
8.072
5.641
8 EXPENDITURE ON CHARITABLE ACTIVITIES
Uiirestricled
fun(Is
Geiieral
2024
2023
Gi'iiup expeiidinjre
908.327
908.327
821.973
2024
li) additi()ii t() tlie expeiiditure aii(Ily%ed abi)ve, tliere are als() gTiiveriiaiiLe ciists ()t £38,685 (2023
£34,716) wliiLli reldte direLIIy ii) Lli<il-iuble activilies. See iii)te 9 t()i' tui-tlier details.
Page 16

SHARING ONE LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS FOR THE TrEAR ENDED 31 DECEMBER 2024
9 ANALYSIS OF GOVERNANCE AND SUPPORT COSTS
Charitable activities expenditure
Unrestricted
fuiids
Total
2024
Total
2023
Geiieral
Statt LOSt%
H()%t taiillly P<iyiiieIiTs
Ferry L()st%
Excui'%iciii
Drivers acLClllllllC)datic)ii
Ri)()111 Iiire, te<iLlier%' aijd Lu-urdiiiai(Ir%' expeii%es
Suiilliier reti'eat aijd te<iclier L()urse L()st%
Ligylii, Iieat aiid pi)wer
111sui.aiiLe
C£ Z Rep<iiTS aiid Iiiaiiiteii<lllLe
W CD J Telepliiiiie aiid tax
> z u OttiLe aLL()iiiiii(Id<lliiiii expeiise
a Priiiiiiig, pi)sldgye aiid stdtii)iiei'y
Suiidry expeii%e4
Ti'avel diid subsi%teiiLe
Adverli%iiig
LegTal aiid priite%siiiiial tees
Baiik Llidl-gye% aiid iiitere%t
Fi)I'eigTII LUI-reiiLy IgTai11s)11()sses
DepreLidti()ii
Hire ()t plaiit aiid iiULliiiiery
237,216
399.118
17.380
175.136
7.880
9.040
8.671
7.977
3,276
359
5.184
10.021
5,617
9,966
3,058
354
1.747
3,414
493
1,072
748
237,216
399.118
17.380
175.136
7.880
9.040
8.671
7.977
3,276
359
5.184
10,021
5,617
9,966
3,058
354
1.747
3,414
493
1,072
748
199.174
365.939
12.512
163.022
6.894
10,981
9.939
1.971
650
4.410
12.959
6.783
9,363
5,230
5,036
1,691
3,125
396
1,035
857
908.327
908.327
821.973
Page 17

SHARING ONE LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS FOR THE TrEAR ENDED 31 DECEMBER 2024
GOVERNANCE COSTS
Uiirestricted
funds
Geiieral
Total
2024
Total
2023
Statt costs
Wages aiid salai'ies
SoLidl secui'ity Lusts
Peii%ic)11 L()St
liidepeiideiit exaiiiiiiei. tees
Exdiiiiiialiciii cit tlie tiiiaiicial %tateiiieiit
Otliei. &y{)vei'iiaiiLe L()st%
24,351
958
672
24.351
958
672
21,218
335
521
7.557
5,147
7.557
5,147
7.061
5.581
38.685
38.685
34,716
10 NET INCOMINGIOUTGOING RESOURCES
Net Iiiciiiiilii&v re.s()ui'Les tiir tlie yedl. iIILlude:
2024
2023
> z u DepreLidtii)11 ()t tixed d%%et%
1.072
1.035
(J u) tt 11 TRUSTEES REMUNERATION AND EXPENSES
Duriiigv tlie yedr tlie Lliarity Iiude tlie ti)Ili)wiiigT trdll%dLti()Ii% witli trustees:
L A Tanton
2.82312023; Nil ) ()t expeiise4 were reiiiibur4ed t() L A Tdllt(Iii duriiigv Ilie year.
L Tdllti)ii lias beeii P£iid £2,823 iii re.%peLt ()t H()%t taii]ily payiiieiits.
Page 18

SHARING ONE LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS FOR THE TrEAR ENDED 31 DECEMBER 2024
12 STAFF COSTS
Tlie (Igygiregate Pdyr()11 Losts were as tollows:
2024
2023
Staff costs during the vear were:
Wage% aiid salaries
183,182
150,617
Social seLurity Losts
5.276
2,118
Peii%ioii L()st
3.362
2,607
Tuiti()ii aijd &yuide tees
69.749
64.162
Statt tr<lllllll
1.627
1.745
263.196
221.249
0 < 4 Tlie iiii)iirlily averagye iiuiiiber i)t peTS111)s (iiiLludii)gF seiii(Ir lil<iiiagyeiiieiit teaii)) eiiipli)yed by tlie
a Lliarity dui-iiigT tlie yedl- W<14 <1.% ti)Iliiws:
2024
2023
Adiiiiiii%trdti()ii
Mdiiagreiiieiit statt
TeaLliei's, Li)-()I'diiiat(Ir% aiid gTuide4
10
N() eiiipli)yee received eiiK)luiiieiits ()t iiiore tliaii £60.0(K) duriiigv tlie year.
13 INDEPENDENT EXAMINER'S REMUNERATION
2024
2023
Exaiiiiiiatioii ot tlie tiiiaiicial stateiiieiitS
7,557
7.061
Page 19

SHARING ONE LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS FOR THE TrEAR ENDED 31 DECEMBER 2024
14 TAXATION
Tlie Li)ii)paiiy is a registered cliarity aiid is, tlieretore, exeii]pt troiii taxatioii upoii it's cliaritable
aLtivities.
IS TANGIBLE FIXED ASSETS
Short
leasehold Furniture
propertv
aiid
improveinents equipnient Total
Cost
At l Jaiiudl'y 2024
Additic)i)
4,085
56.267 60.352
1.344 1.344
At 31 DeLeiiil*r 2024
4.085
57.611 61.696
Depreciation
At l Jai)Udl'y 2024
c£ z Cl)<ifgTe tc)i' tlie ye<ir
W CD J At 31 DeLeili￿r 2024
4.085
52.253 56.338
1.072 1.072
4.085
53,325 57.410
0 < 4 Net book Vcqlue
(J u) tt At 31 DeLeiiitrtr 2024
4,286 4,286
At 31 DeLei]i￿r 2023
4.014 4.014
16 STOCK
2024
2023
St()Lks
5(K)
17 DEBTORS
2024
2023
PrepayiiieiitS
250
1,255
Page 20

SHARING ONE LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS FOR THE TrEAR ENDED 31 DECEMBER 2024
18 CASH AND CASH EQUIVALENTS
2024
2023
Casli oil liaiid
Casli at bai]k
2.313
247.204
2,462
236.547
249.517
239.(K)9
19 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Baiik Iiiaiis
Ti'ade ci'editi)i'
Otli¢i' credit()r
Peiisiiiii sLli¢iiie Li'editor
ALcrual
D¢t¢rred iliLC)11)e
6.882
115
6,798
116
269
885
5.017
171.216
626
5.2fy1
149.340
162.227
184,301
0 < 4 20 CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR
2024
2023
Bdiik 111<1115
33.835
40.222
21 PENSION AND OTHER SCHENqES
Defiiied coiitributioii pensioii scheiiie
Tlie Lliarity L()Iltributes t(1 a detiiied L()IilTibuii()ii peiisi()11 sLlieiiie, Tlie peiisi()ii L()%t Lliarge t()r ilie
year represeiit% L()Iltributi()1is payable by tlie Lliarity t() tlie SLlieiiie diid dlll()Ullted t() £3.362 12023
£2.607).
Page 21

SHARING ONE LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS FOR THE TrEAR ENDED 31 DECEMBER 2024
22 FUNDS
Balance at
31
Balance at l Jncoming Resources
Januarv 2024 resources
expended
December
2024
Unrestricted fuiids
Geiieral
20.255
992.820
(955,084)
57.991
Balaiice at
31
Balaiice at I Inconiing Resources Deceinber
Januarv 2023 resources
e¥pended
2023
Uiirestricted fuiids
Geiieral
110,5651
893.150
1862,3301
20.255
W CD J 23 ANALYSIS OF NET ASSETS BETWEEN FUNDS
> z u Current year
Unrestricted
ruiiils
Geiierc
Totcll funds clt 31
Deceniber
2024
TdiigFible tixed d%set
Curi'eiit (1%set
Curi'eiit l iabilitie%
Credit()rs ()ver l year
T()tal iiet <i%%ets
4,286
249.767
(162,227)
133,835)
4,286
249.767
(162,227)
133,8351
57.991
57.991
Prior year
Unrestricted
funds
General
Total funds at 31
December
2023
Taiigible tixed assets
Curreiit assets
Curreiit liabilitie
Creditors over l year
4.014
240,764
(184,301)
140,222)
4,014
240,764
(184,301)
{40.2221
Total iiet assets
20,255
20,255
Page 22

SHARING ONE LANGUAGE
NOTES TO THE FINANCIAL STATEMENTS FOR THE TrEAR ENDED 31 DECEMBER 2024
24 ANALYSIS OF NET FUNDS
Atl
Januarv
At31
December
2024
Finaiicing
casli floii's
2024
Casli at bal￿ aiid iii liaiid
239.(M)9
10.508
249.517
Net debt
239.(K)9
Atl
Januarv
10.508
249.517
At31
Deceinber
2023
Fiiiaiicing
CAslI floii's
2023
C(1s11 at bal￿ (iiid iii liaiid
186.364
52,645
239,(X)9
Net debt
186.364
52.645
239.(K19
Page 23