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2025-12-31-accounts

Company registration number: 2481025 Charity registration number: 1019182

Sharing One Language (A company limited by guarantee) Annual Report and Financial Statements for the year ended 31 December 2025

SHARING ONE LANGUAGE CONTENTS

Reference and Administrative Details 1
Trustees' Report 2 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Statement of Cash Flows 10
Notes to the Financial Statements 11 to 23

SHARING ONE LANGUAGE REFERENCE AND ADMINISTRATIVE DETAILS

Secretary S Brewer
Charity Registration Number 1019182
Company Registration Number 2481025
The charity is incorporated in England and Wales.
Registered Office Bridge Chambers
The Strand
BARNSTAPLE
Devon
EX31 1HB
Independent Examiner Glover Stanbury
Institute of Chartered Accountants in England and Wales
30 Bear Street
BARNSTAPLE
Devon
EX32 7DD
Bankers HSBC plc
10 High Street
BARNSTAPLE
Devon
EX31 1BQ

Page 1

SHARING ONE LANGUAGE TRUSTEES' REPORT

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 December 2025.

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trustees: M Humfrey D G Luggar S Phillips (appointed 24 February 2025) L A Tanton

P R Morriss (appointed 28 April 2025 and resigned 9 September 2025) A P Golubovikj (appointed 9 September 2025)

Secretary: S Brewer

Achievements and performance and plans for future period

During 2025 there has been a further consolidation of the financial security of SOL. The operational changes initiated in 2024 have now become embedded in the day-to-day operations of SOL. This aspect has been reported to trustees regularly by our managing director which has allowed monitoring of the situation over the last 12 months. It has become clear that a further review of our financial situation will be needed in 2026/27 as there has been an increase in the number of permanent staff, for example the appointment of Sanja Conjagic (as our European co-ordinator) which will lead to the need to increase our reserves and associated reserves policy.

In 2024 trustees reported the retirement of Grenville Yeo from his management role. It has been agreed by trustees to create and offer the position of patron to Grenville Yeo. He has accepted this role and should become active in 2026 and working on behalf of SOL.

The SOL team in Barnstaple have been working to retain, recruit and provide training for host families. The emphasis of the training has been on safeguarding. The recruitment goals have been achieved through advertising campaigns, partnerships with local sports clubs and community events.

2025 did see the expected move within Bridge Chambers. The detailed planning and subsequent implementation of the relocation did mean that the teaching programme was uninterrupted. The new suite of rooms is more accessible as the renovations have led to a lift being installed and a step free access point into the building.

In 2024 a co-ordinator was appointed to help raise our profile in Central and Eastern Europe. This has been further enhanced by the appointment of Aleksandra Popovski as a trustee. This is a significant change as it marks the first non-UK based trustee of SOL.

Page 2

SHARING ONE LANGUAGE TRUSTEES' REPORT

SOL was present at English Language Teaching (ELT) conferences across Europe including Poland, Hungary, Serbia, Bosnia & Herzegovina, Albania, Slovakia, Montenegro, Bulgaria, Croatia, Romania, Lithuania and the Czech Rep. The activities of Sanja and Kirsty, alongside our coordinators in Poland and Slovakia, has included exhibitions, presentations, workshops, school visits, meetings with a range of educational institutions and projects all designed to raise awareness of what SOL has to offer. This presence in the education sector ensures that SOL can look forward to groups of students and teachers continuing to visit. The goal is still to extend the availability of courses into the winter where currently we have little uptake.

Financial review

Policy on reserves

Sharing One Language holds reserves in its accounts to sustain short term cashflow needs. As the activities are mainly seasonal, reserves are vital to aid cashflow in the winter months. Also, as a contingency against the risks outlined below, the aim is to maintain a reserves level of at least £50,000.

Objectives and activities

Objects and aims

The aim of Sharing One Language continues to be to provide support for the teaching and learning of English in the countries of Eastern and Central Europe. These countries continue to have economic situations resulting in very low incomes by UK standards and so access to the English language is often restricted as a result because of the cost of tuition and travel.

Sharing One Language’s provision of short courses for students, teachers and future teachers throughout the year in our centres in North Devon continues to be the backbone of our work and primary income earner. The recruitment of native speaking teachers is a much lower priority as the demand, as well as the supply of teachers, has continued to fall. School populations are falling, local teachers are teaching larger classes and more lessons and schools cannot afford the additional costs of accommodation required for a native speaking teacher.

Public benefit

As described above, the charity supports the teaching and learning of English in the countries of Eastern and Central Europe. Over the years the charity has provided education to thousands of students and teachers who otherwise would not have access to an English teacher. The groups that visit the United Kingdom also benefit the wider economy as well, particularly in the North Devon area.

The Trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Page 3

SHARING ONE LANGUAGE TRUSTEES' REPORT

Statement of trustees' responsibilities

The trustees (who are also the directors of Sharing One Language for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Structure, governance and management

Nature of governing document

The organisation is a charitable company limited by guarantee. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up the members liability will be a maximum of £1.

Recruitment and appointment of trustees

The Directors of the company are also the charity trustees and manage the organisation as a Board of Trustees. This board is headed by the chairperson. New trustees are appointed by the Board if a suitable candidate is identified who would benefit the company with regard to their knowledge and expertise.

Induction and training of trustees

As such, training of the trustees is minimal although, prior to any appointment, the activities of SOL are explained as part of the induction process.

Page 4

SHARING ONE LANGUAGE TRUSTEES' REPORT

Organisational structure

The day to day management of the charity is undertaken by the managing director Kirsty Bowie.

Major risks and management of those risks

The major risks to which the charity is exposed, as identified by the trustees, have been reviewed and systems have been established to try to mitigate those risks. The main risks are economic factors, exchange rate fluctuations, changes enacted as part of the Brexit negotiations, the current war in Ukraine and also other political changes in visa policies etc.

Disclosure of information to auditor

Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware.

Financial instruments

Objectives and policies

The charity's activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity’s policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes.

Cash flow risk

The Charity’s activities expose it primarily to the financial risks of changes in foreign currency exchange rates and interest rates. However, the charity mainly invoices in GBP which minimises the direct impact of these changes. In addition, the charity's reserves policy and also payment in advance for courses means that there should be no exposure to interest rate charges.

Credit risk

The Charity’s principal financial assets are bank balances and cash, trade and other receivables. The Charity’s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows.

The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies. The Charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers.

Page 5

SHARING ONE LANGUAGE TRUSTEES' REPORT

Liquidity risk

In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the Charity uses accumulated funds held in unrestricted reserves. Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statements.

The annual report was approved by the trustees of the charity on 19 August 2026 and signed on its behalf by:

M Humfrey Trustee

Page 6

SHARING ONE LANGUAGE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHARING ONE LANGUAGE ('THE COMPANY')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of (ICAEW), which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of Sharing One Language as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Nigel Bennett FCA Institute of Chartered Accountants in England and Wales (ICAEW)

30 Bear Street BARNSTAPLE Devon EX32 7DD

19 August 2026

Page 7

SHARING ONE LANGUAGE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 (INCLUDING INCOME AND EXPENDITURE ACCOUNT AND STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES)

Note
Income and Endowments from:
Donations, legacies and grants
3
Charitable activities
4
Other trading activities
5
Investment income
6
Total Income
Expenditure on:
Raising funds
7
Charitable activities
8
Total Expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
21		 Unrestricted
£
60
930,845
126
3,933
934,964
-
(908,282)
(908,282)
26,682
26,682
57,991
84,673		 Total
2025
£
60
930,845
126
3,933
934,964
-
(908,282)
(908,282)
26,682
26,682
57,991
84,673		 Total
2024
£
384
985,571
3,159
3,706
992,820
(8,072)
(947,012)
(955,084)
37,736
37,736
20,255
57,991

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 21.

Page 8

SHARING ONE LANGUAGE (REGISTRATION NUMBER: 2481025) BALANCE SHEET AS AT 31 DECEMBER 2025

Note
Fixed assets
Tangible assets
15
Current assets
Debtors
16
Cash at bank and in hand
17
Creditors: Amounts falling due within one year
18
Net current assets
Total assets less current liabilities
Creditors: Amounts falling due after more than one year
19
Net assets
Funds of the charity:
Unrestricted income funds
Unrestricted funds
Total funds
21		 2025
£
8,359
315
239,852
240,167
(136,569)
103,598
111,957
(27,284)
84,673
84,673
84,673		 2024
£
4,286
250
249,517
249,767
(162,227)
87,540
91,826
(33,835)
57,991
57,991
57,991

For the financial year ending 31 December 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements on pages 8 to 23 were approved by the trustees, and authorised for issue on 19 August 2026 and signed on their behalf by:

M Humfrey Trustee

Page 9

SHARING ONE LANGUAGE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025

Note
Cash flows from operating activities
Net cash income
Adjustments to cash flows from non-cash items
Depreciation
7
Investment income
6
Working capital adjustments
Decrease in stocks
(Increase)/decrease in debtors
16
Increase/(decrease) in creditors
18
Decrease in deferred income
19
Net cash flows from operating activities
Cash flows from investing activities
Interest receivable and similar income
6
Purchase of tangible fixed assets
15
Net cash flows from investing activities
Cash flows from financing activities
Repayment of loans and borrowings
18
Net (decrease)/increase in cash and cash equivalents
Cash and cash equivalents at 1 January
Cash and cash equivalents at 31 December		 2025
£
26,682
1,990
(3,933)
24,739
-
(65)
1,052
(26,794)
(1,068)
3,933
(6,063)
(2,130)
(6,467)
(9,665)
249,517
239,852		 2024
£
37,736
1,072
(3,706)
35,102
500
1,005
(282)
(21,876)
14,449
3,706
(1,344)
2,362
(6,303)
10,508
239,009
249,517

All of the cash flows are derived from continuing operations during the above two periods.

Page 10

SHARING ONE LANGUAGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

1 CHARITY STATUS

The charity is a charity limited by guarantee, incorporated in the United Kingdom and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.

The address of its registered office is: Bridge Chambers The Strand BARNSTAPLE Devon EX31 1HB

These financial statements were authorised for issue by the trustees on 19 August 2026.

2 ACCOUNTING POLICIES

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

Sharing One Language meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The financial statements have been prepared on a going concern basis. The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.

Income and endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.

Page 11

SHARING ONE LANGUAGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Deferred income

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:

Other trading activities

Shop income is recognised as earned (that is, as the related goods or services are provided).

Investment income

Investment income is recognised on a receivable basis.

Other income

Income from charitable activities represents amounts receivable as groups visit the United Kingdom. Amounts invoiced during the year for a subsequent years visit are carried forward within creditors as accrued income.

Page 12

SHARING ONE LANGUAGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including strategic management and trustees meetings and reimbursed expenses.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Page 13

SHARING ONE LANGUAGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Leasehold property improvements Fixtures and fittings

Depreciation method and rate 5% straight line basis 20% reducing balance

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated selling costs. Cost is determined using the first-in, first-out (FIFO). Items donated for resale or distribution are not included in the financial statements until they are sold or distributed.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Foreign exchange

Transactions in foreign currencies are translated into sterling at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the closing rates at the balance sheet date and the exchange differences are included in the statement of financial activities.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Pensions and other post retirement obligations

The charity contributes to a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Page 14

SHARING ONE LANGUAGE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

3 INCOME FROM DONATIONS AND LEGACIES

3 INCOME FROM DONATIONS AND LEGACIES
Unrestricted
funds
General
£
Donations and legacies;
Donations
60
60
4 INCOME FROM CHARITABLE ACTIVITIES
Unrestricted
funds
Designated
£
Group contributions
930,845
5 INCOME FROM OTHER TRADING ACTIVITIES
Unrestricted
funds
General
£
Trading income;
Shop income from sale of donated goods and services
126
126
6 INVESTMENT INCOME
Unrestricted
funds
General
£
Interest receivable and similar income;
Interest receivable on bank deposits
3,933		 Total
2025
£
60
60
Total
2025
£
930,845
Total
funds
£
126
126
Total
2025
£
3,933		 Total
2024
£
384
384
Total
2024
£
985,571
Total
2024
£
3,159
3,159
Total
2024
£
3,706

Page 15

SHARING ONE LANGUAGE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

7 EXPENDITURE ON RAISING FUNDS

COSTS OF TRADING ACTIVITIES

COSTS OF TRADING ACTIVITIES
Costs of goods sold Total
2025
£
-
-		 Total
2024
£
8,072
8,072

8 EXPENDITURE ON CHARITABLE ACTIVITIES

Unrestricted
funds
General
£
Group expenditure
874,175		 Total
2025
£
874,175		 Total
2024
£
908,327

2025 £

In addition to the expenditure analysed above, there are also governance costs of £34,107 (2024 - £38,685) which relate directly to charitable activities. See note 9 for further details.

Page 16

SHARING ONE LANGUAGE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

9 ANALYSIS OF GOVERNANCE AND SUPPORT COSTS

Charitable activities expenditure

Charitable activities expenditure
Unrestricted
funds
General
£
Staff costs
234,979
Host family payments
373,213
Ferry costs
12,218
Excursions
165,685
Drivers accommodation
5,180
Room hire, teachers' and co-ordinators' expenses
7,614
Summer retreat and teacher course costs
10,978
Light, heat and power
4,479
Insurance
3,900
Repairs and maintenance
2,841
Telephone and fax
5,704
Office accommodation expenses
9,210
Printing, postage and stationery
7,365
English In Action costs
8,788
Sundry expenses
10,602
Travel and subsistence
1,850
Advertising
1,919
Legal and professional fees
1,019
Bank charges and interest
3,525
Foreign currency (gains)/losses
399
Depreciation
1,989
Hire of plant and machinery
718
874,175		 Total
2025
£
234,979
373,213
12,218
165,685
5,180
7,614
10,978
4,479
3,900
2,841
5,704
9,210
7,365
8,788
10,602
1,850
1,919
1,019
3,525
399
1,989
718
874,175		 Total
2024
£
237,216
399,118
17,380
175,136
7,880
9,040
8,671
7,977
3,276
359
5,184
10,621
5,617
-
9,966
3,058
354
1,747
3,414
493
1,072
748
908,327

Page 17

SHARING ONE LANGUAGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

GOVERNANCE COSTS

Unrestricted
funds
General
£
Staff costs
Wages and salaries
20,040
Social security costs
346
Pension costs
687
Independent examiner fees
Examination of the financial statements
8,081
Other governance costs
4,953
34,107		 Total
2025
£
20,040
346
687
8,081
4,953
34,107		 Total
2024
£
24,351
958
672
7,557
5,147
38,685

10 NET INCOMING/OUTGOING RESOURCES

Net incoming resources for the year include:

Depreciation of fixed assets

2025
£
1,990		 2024
£
1,072

11 TRUSTEES REMUNERATION AND EXPENSES

During the year the charity made the following transactions with trustees:

L A Tanton

12,567 (2024: 2,823) of expenses were reimbursed to L A Tanton during the year.

L Tanton has been paid £12,567 in respect of Host family payments. S Phillips

15,222 (2024: Nil) of expenses were reimbursed to S Phillips during the year.

S Phillips has been paid £15,222 in respect of Host family payments.

Page 18

SHARING ONE LANGUAGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

12 STAFF COSTS

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
Tuition and guide fees
Staff training		 2025
£
186,046
2,992
3,434
63,375
205
256,052		 2024
£
183,182
5,276
3,362
69,749
1,627
263,196

The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:

Administration
Management staff
Teachers, co-ordinators and guides
No employee received emoluments of more than £60,000 during the year.
13 INDEPENDENT EXAMINER'S REMUNERATION
Examination of the financial statements		 2025
No
4
1
5
10
2025
£
8,081		 2024
No
5
1
5
11
2024
£
7,557

Page 19

SHARING ONE LANGUAGE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

14 TAXATION

The company is a registered charity and is, therefore, exempt from taxation upon it's charitable activities.

15 TANGIBLE FIXED ASSETS

15 TANGIBLE FIXED ASSETS 15 TANGIBLE FIXED ASSETS 15 TANGIBLE FIXED ASSETS
Short
leasehold
property
improvements
£
Cost
At 1 January 2025
4,085
Additions
536
At 31 December 2025
4,621
Depreciation
At 1 January 2025
4,085
Charge for the year
27
At 31 December 2025
4,112
Net book value
At 31 December 2025
509
At 31 December 2024
-
16 DEBTORS
Trade debtors
Prepayments		 Furniture
and
equipment
£
57,611
5,527
63,138
53,325
1,963
55,288
7,850
4,286
2025
£
65
250
315		 Total
£
61,696
6,063
67,759
57,410
1,990
59,400
8,359
4,286
2024
£
-
250
4,621 63,138
4,085
27		 53,325
1,963
4,112 55,288
509 7,850
- 4,286
2025
£
65
250
315
250

Page 20

SHARING ONE LANGUAGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

17 CASH AND CASH EQUIVALENTS

Cash on hand
Cash at bank
18 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans
Trade creditors
Other creditors
Pension scheme creditor
Accruals
Deferred income
19 CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR
Bank loans		 2025
£
1,687
238,165
239,852
2025
£
6,966
-
1,568
-
5,489
122,546
136,569
2025
£
27,284		 2024
£
2,313
247,204
249,517
2024
£
6,882
115
-
626
5,264
149,340
162,227
2024
£
33,835

20 PENSION AND OTHER SCHEMES Defined contribution pension scheme

The charity contributes to a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £3,433 (2024 - £3,362).

Page 21

SHARING ONE LANGUAGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

21 FUNDS

21 FUNDS
Balance at 1
January 2025
£
Unrestricted funds
General
57,991
Balance at 1
January 2024
£
Unrestricted funds
General
20,255
22 ANALYSIS OF NET ASSETS BETWEEN FUNDS
Current year
Tangible fixed assets
Current assets
Current liabilities
Creditors over 1 year
Total net assets
Prior year
Tangible fixed assets
Current assets
Current liabilities
Creditors over 1 year
Total net assets		 Incoming
resources
£
Resources
expended
£
Balance at
31
December
2025
£
934,964
(908,282)
84,673
Incoming
resources
£
Resources
expended
£
Balance at
31
December
2024
£
992,820
(955,084)
57,991
Unrestricted
funds
Total funds at 31
December
General
£
2025
£
8,359
8,359
240,167
240,167
(136,569)
(136,569)
(27,284)
(27,284)
84,673
84,673
Unrestricted
funds
Total funds at 31
December
General
£
2024
£
4,286
4,286
249,767
249,767
(162,227)
(162,227)
(33,835)
(33,835)
57,991
57,991
Page 22		 Balance at
31
December
2025
£
84,673
Balance at
31
December
2024
£
57,991
84,673
Total funds at 31
December
2024
£
4,286
249,767
(162,227)
(33,835)
57,991
Page 22

SHARING ONE LANGUAGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

23 ANALYSIS OF NET FUNDS

23 ANALYSIS OF NET FUNDS
Cash at bank and in hand
Net debt
Cash at bank and in hand
Net debt		 At 1
January
2025
£
249,517
249,517
At 1
January
2024
£
239,009
239,009		 Financing
cash flows
£
(9,665)
(9,665)
Financing
cash flows
£
10,508
10,508		 At 31
December
2025
£
239,852
239,852
At 31
December
2024
£
249,517
249,517

Page 23