2025-03-31-accounts - Institute Of Employment Rights

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REGISTERED COMPANY NUMBER: 02368796 (England and Wales) REGISTERED CHARITY NUMBER: 1059629

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

INSTITUTE OF EMPLOYMENT RIGHTS

Sturgess Hutchinson Chartered Certified Accountants 21 New Walk Leicester LE1 6TE

INSTITUTE OF EMPLOYMENT RIGHTS

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

		Page
Report of the Trustees	1	to	2
Independent Examiner's Report		3
Statement of Financial Activities		4
Balance Sheet		5
Notes to the Financial Statements	6	to	9
Detailed Statement of Financial Activities		10

INSTITUTE OF EMPLOYMENT RIGHTS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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) (effective 1 January 2019).

Objectives and activities

Objectives and aims

The principal activity of the company is to advance the education of the public in issues connected with labour law, unemployment, work and any related matter; and to commission, encourage and sponsor research in any of the above subjects and to publish the useful results of such research.

Introduction

As of last year, we have covered themes like the Employment Rights Bill, Shareholders vs workers’ rights, and case studies on negotiating reduced working time.

Public benefit

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

Conclusion

In our professional capacity, we continue to work with the trade union movement and others to inform the debate on employment rights and labour law.

Structure, governance and management

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Charity constitution

The Institute is a charitable company limited by guarantee, incorporated on 30 June 1989 and registered as a charity on 29 July 1997.

Recruitment and appointment of new trustees

The number of directors (who act as trustees) shall not be less than three nor exceed five. The trustees will be the president, chairman and treasurer of the Institute of Employment Rights (the Institute), positions confirmed at each annual general meeting of the Institute.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Reference and administrative details Registered Company number

02368796 (England and Wales)

Registered Charity number

1059629

Registered office

4th Floor Jack Jones House 1 Islington Liverpool L3 8EG

Trustees

Professor K Ewing G D Shears J Hendy KC

Company Secretary

G D Shears

INSTITUTE OF EMPLOYMENT RIGHTS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Reference and administrative details

Independent Examiner Sturgess Hutchinson Chartered Certified Accountants 21 New Walk Leicester LE1 6TE

Bankers

Unity Trust Bank plc, Nine Brindley Place, 4 Oozells Square, Birmingham B1 2HB

Approved by order of the board of trustees on 19 December 2025 and signed on its behalf by:

G D Shears - Secretary

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF INSTITUTE OF EMPLOYMENT RIGHTS

Independent examiner's report to the trustees of Institute of Employment Rights ('the Company')

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

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:

accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
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
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.

David Goodwin

Sturgess Hutchinson Chartered Certified Accountants 21 New Walk Leicester LE1 6TE

22 December 2025

INSTITUTE OF EMPLOYMENT RIGHTS

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

2025
Unrestricted
fund
Notes
£
Income and endowments from
Donations and legacies
114,916
Charitable activities
Education
19,228
Other trading activities
2
15,735
Total
149,879
Expenditure on
Raising funds
83,064
Charitable activities
Education
47,046
Total
130,110
NET INCOME/(EXPENDITURE)
19,769
Reconciliation of funds
Total funds brought forward
72,126
Total funds carried forward
91,895

2024
Total
funds
£
123,108
3,822
18,647
145,577
92,043
55,230
147,273
(1,696)
73,822
72,126

The notes form part of these financial statements

INSTITUTE OF EMPLOYMENT RIGHTS

BALANCE SHEET 31 MARCH 2025

2025 Unrestricted fund Notes £ Current assets Stocks 7 2,500 Debtors 8 2,991 Cash at bank and in hand 97,195 102,686 Creditors Amounts falling due within one year 9 (10,791) Net current assets 91,895 Total assets less current liabilities 91,895 NET ASSETS 91,895 Funds 10 Unrestricted funds 91,895 Total funds 91,895	2024 Total funds £ 2,500 3,699 73,478 79,677 (7,551) 72,126 72,126 72,126 72,126 72,126

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 19 December 2025 and were signed on its behalf by:

G D Shears - Trustee

J Hendy KC - Trustee

The notes form part of these financial statements

INSTITUTE OF EMPLOYMENT RIGHTS

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

1. Accounting policies

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

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

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. Other trading activities

Sales of publications Seminar receipts and sponsorship Royalties	2025 £ 3,881 11,556 298 15,735	2024 £ 6,380 12,019 248 18,647

3. Trustees' remuneration and benefits

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

INSTITUTE OF EMPLOYMENT RIGHTS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

4. Staff costs

The average monthly number of employees during the year was as follows:

Administration
No employees received emoluments in excess of £60,000.
5.
Comparatives for the statement of financial activities
Income and endowments from
Donations and legacies
Charitable activities
Education
Other trading activities
Total
Expenditure on
Raising funds
Charitable activities
Education
Total
NET INCOME/(EXPENDITURE)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
6.
Tangible fixed assets
Cost
At 1 April 2024 and 31 March 2025
Depreciation
At 1 April 2024 and 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024

2025
2024
3
3
Unrestricted
fund
£
123,108
3,822
18,647
145,577
92,043
55,230
147,273
(1,696)
73,822
72,126
Computer
equipment
£
2,667
2,667
-
-

INSTITUTE OF EMPLOYMENT RIGHTS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

7. Stocks Finished goods 8. Debtors: amounts falling due within one year Trade debtors Other debtors 9. Creditors: amounts falling due within one year Trade creditors Other creditors 10. Movement in funds Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS	At 1.4.24 £ 72,126 72,126 Incoming resources £ 149,879 149,879 At 1.4.23 £ 73,822 73,822	2025 2024 £ £ 2,500 2,500 2025 2024 £ £ 2,183 1,885 808 1,814 2,991 3,699 2025 2024 £ £ 2,645 2,674 8,146 4,877 10,791 7,551 Net movement At in funds 31.3.25 £ £ 19,769 91,895 19,769 91,895 Resources Movement expended in funds £ £ (130,110) 19,769 (130,110) 19,769 Net movement At in funds 31.3.24 £ £ (1,696) 72,126 (1,696) 72,126

INSTITUTE OF EMPLOYMENT RIGHTS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

10. Movement in funds - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds General fund TOTAL FUNDS	Incoming resources £ 145,577 145,577	Resources Movement expended in funds £ £ (147,273) (1,696) (147,273) (1,696)

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds	At 1.4.23 £	Net movement At in funds 31.3.25 £ £
General fund	73,822	18,073 91,895
TOTAL FUNDS	73,822	18,073 91,895

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds General fund TOTAL FUNDS	Incoming resources £ 295,456 295,456	Resources Movement expended in funds £ £ (277,383) 18,073 (277,383) 18,073

11. Related party disclosures

There were no related party transactions for the year ended 31 March 2025.

INSTITUTE OF EMPLOYMENT RIGHTS

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Income and endowments Donations and legacies Donations Subscriptions Other trading activities Sales of publications Seminar receipts and sponsorship Royalties Charitable activities Project development Commissioned work Total incoming resources Expenditure Raising donations and legacies Wages Printing costs Conference and seminars Office costs Charitable activities Wages Office costs Project costs Support costs Governance costs Wages Accountancy and legal fees Total resources expended Net income/(expenditure)	2025 £ 97,343 17,573 114,916 3,881 11,556 298 15,735 9,228 10,000 19,228 149,879 48,997 8,263 2,431 23,373 83,064 24,498 6,281 5,500 36,279 8,166 2,601 10,767 130,110 19,769	2024 £ 99,483 23,625 123,108 6,380 12,019 248 18,647 3,822 - 3,822 145,577 59,845 9,523 3,970 18,705 92,043 29,923 5,822 6,328 42,073 9,974 3,183 13,157 147,273 (1,696)

This page does not form part of the statutory financial statements