CATHOLIC INDEPENDENT SCHOOLS, CONFERENCE (A company limited by guarantee and not having a share capital) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Company Number.. 3407765 Charity Number.. 1063645
CATHOLIC INDEPENDENT SCHOOLS, CONFERENCE {A company limited by guarantee and not having a share capital) YEAR ENDED 31 MARCH 2024 CONTENTS Page Reference and administration information Board of Management report Independent Examiners, Report Statement of Financial Activities Balance Sheet 10 Notes to the Financial Statements
CATHOLIC INDEPENDENT SCHOOLS, CONFERENCE (A company limited by guarantee and not having a share capital) REFERENCE AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 MARCH 2024 CHARITY NUMBER: 1063645 COMPANY NUMBER: 3407765 REGISTERED OFFICE: 49 Park Road Torquay England TQ14QR BOARD OF TRUSTEES: Matthew Burke {Chair} Sarah Barreto (appointed 16 May 2024) Christopher Cann Sarah Conrad {resigned 16 May 2024) Margaret Giblin Anthony Hudson (resigned 16 May 20241 John Patterson (resigned 8 September 20231 Jon Reddin Annie Sutton (appointed 26 September 2023) Rachel Owens (appointed 19 September 2024 Ed Hesler (appointed 19 September 2024) GENERAL SECRETARY: Sarah Barreto INDEPENDENT EXAMINERS: Moore Kingston Smith LLP 6th Floor 9 Appold Street London EC2A 2AP SOLICITORS: Stone King 13 Queen Street Bath BA12HJ BANKERS: HSBC 55 Corporation St Coventry West Midlands CV11GX Page.. 1
CATHOLIC INDEPENDENT SCHOOLS, CONFERENCE BOARD OF MANAGEMENT REPORT YEAR ENDED 31 MARCH 2024 The Board of Management, who are also directors, presant theirannual reporttogetharwith thefinar)¢ial statements for the year ended 31 March 2024. STRUCTURE. GOVERNANCE AND MANAGEMENT The Catholic Independent Schools, Conference {CISCI was incorporated in 1997 as a company limited by guarantee (no. 3407765) and is also a registered charily (No. 1063645). The governing document of the charity is the Memorandum and Articles ofAssociation, which can b8 found on the website al www.catholicinde endentschools.com > About > Key Documents and Policies. CISC is administered by a Board of Management, whose members are its directors and trustees for the purposes of Company and Charity law respectively. The names of the directorsltrustees are shown on page 1. The Board of Management is elected by the membership. Candidates must be full members (see= definition of full member on Ihe website at www.catholicinde endentschools.com > Membership > Membership Types). Board members serve for a period of six years. The Board of Management elects Iha Chair of the Board for a period of four years. Antony Hudson was elected Chair in January 2020. In their committed work for CISC, the Irustees have regard lo the guidance issued by the Charity Commission on public benefit. in particular with reference to the documents above. Dr Maureen Glackin was appointed to the post of General Secretary in October 2018.. she stepped down from this role on 24 May 2024. Her successor, Mrs Sarah Barreto. commenced in the role of General Secretary on 1st May, 2024 during a handover period. RISK ASSESSMENT The Risk Statement and Risk Register was presented to the committee (board of management) at full meeting on 21 sl September, 2023. After a full discussion it was reviewed and approved. OBJECTIVES AND ACTIVITIES The Company's {CISC'sl Objects, as described in the Memorandum and Articles of Association 119971 are.. "To promote education in schools which teach the Catholic faith principally by providing the head teachers or principals of those schools Wlth the opportunity to meet, discuss, analyse and consider ommon concerns and to disseminate the outcome of such meetings." In the year in question, CISC has focused on: Ensuring the success of our Conference in February 2024, Here l am Lord...Who Am I Called to Be? worklng with our host school, St John's, Cardiff. Review and revision of the charity's suite of policies (September 2023} and objeotives (February 2024), to ensure they are reflective of updates in policy and practice with reference to the sector. All policies are accessible at: www.catholicinde endentschools.com > About > Key Documents and Policies. Page.. 2
CATHOLIC INDEPENDENT SCHOOLS, CONFERENCE BOARD OF MANAGEMENT REPORT YEAR ENDED 31 MARCH 2024 Having a range of activities lo meet the charity's objectives: this has included the development of webinars to address key issues such as the new Catholic Schools Inspection Framework, presenting on Catholic mission and identity to governors and staff of CISC schools and collaborating with Educarem on The Tabor Programme, a formation course for middle and aspiring leaders. Undarslanding tho terrain through informed responses to membèrs, pastoral concerns offering support and 1..1 conversations for members requiring theologically informed responses to contemporary concerns and issues. The promolion of Catholic independent schools and Calholic education has continued more widely through publications, Conference presentations and collaborations with other Catholic agencies. Articles and chapters have been published in.. Leadership Metters in Catholic Education. (Whittle & Woden, eds. Springer, 2024}', International Studies in Catholic Education and Intem8tional Journal for the Study of the Christian Church. Maintaining strategic conversations wilh dioceses and the Catholic Education Service ICES) on issues of importance to the sector.- leadership formation, canonical inspection, policy and document development, and particularly the publication of the Religious Education Directory IRED) and the Prayer and Liturgy Directory. ACHIEVEMENTS AND PERFORMANCE CISC'S Strategic Plan for 2021-2025 outlines the following strategic aims. Support cornmunion and collaboration amongst heads, schools, dioceses and Catholic partners Christ-centred education and formation for ourselves and the community we seNe Sharing faith, sharing in failh through prayer, words and actions and 8 commitment to social justice Challenging misconceptions and being an authentic voice for Calholic independent schools nationally and internationally Nurturing all in our school communities to their full potential academlcally, physically and splritually Articulating and celebrating our mission and vocation in Catholic education In line wilh previous reports, achievement and performance will be evaluated with reference to these stralegic Commitments with reference to key elements of the year in question. Supportlng communion and collaboratlons amongst Heads and key stakeholders and providing opportunities for sharing faith and prayer are integral aspects of CISC life, fostered through a range of events and activities. CISC'S Conference 2024, 'Here l am Lord...Who Am I Called to Be?'took place in our usual slot over 1-2 February. Attendance was higher than the previous two years, with 116 people in total- compared to 91 last year and 90 the year before. The conference was led by Sr Gemma Simmonds. Page.. 3
CATHOLIC INDEPENDENT SCHOOLS, CONFERENCE BOARD OF MANAGEMENT REPORT YEAR ENDED 31 MARCH 2024 with a focus on spiritual direction and formation and her mixture of theological insight and pastoral wisdom refreshed, renewed and challenged delegates in their school leadership roles. Workshops covered a range of issues from Al to translating a Catholic vision of education into the classroom and there was the usual excellent briefing led by headline sponsors Moore Kingston Smith IMKS) and Stone King ISK). CISC is grateful to colleagues at MKS and SK for giving their time and expertise in Ihis way. Our Friday morning hosted conversation chaired By Antony Hudson and including Prof. Deborah Eyre (High Performance Learning), Paul Barber (Director, Catholic Education SeNiceJ and Sr Gemma was a lively and candid conclusion to the Conference. Many thanks to St John's Cardiff for leading all out liturgical celebration with beauty, prayer and spirit. 'ReaGh Outsl'_ informal on-line meetings for colleagues who share key roles across CISC schools- continued with a focus on CSI and the CISC Music Hub. Increased online engagement with members, whilst having limits. does allow member schools lo engage with ease across a wide geographic range and at no additional cost to them, or CISC, in terms of resource and time. Individual support to Heads continuos, through e-mail, phone calls or Zoom and through school visits. The General Secretary offers INSET on Catholic mission and identity to all schools, free of charge, along with supporting retreat work with pupils. This year, 5 schools have availed themselves of this. Of critical importance lo CISC, is the formation of leaders and future leaders and this year 1 CISC Deputy Head has participated in the Tabor Programme. The course, which runs throughout the academic year and involves an in-school project, receives extremely positive evaluations and it is hoped that in coming years more CISC colleagues will take part. CISC continues to offer a subsidy to schools to support this. An online governance formation programme, in collaboration with Educarem, was also made available to CISC member schools this year. All of these initiatives conlribute to our aim to support colleagues in their desire to nurture all in our school communities to their full potential academically, physically and spiritually, enabling them to provide Christ-centred formatlon and education for their communities. Challenglng misconceptions and beSng an authentic voice for Cathollc Independent schools nationally and Internatlonally is of key importance to all members. CISC members and Committee Members remaln active within associated professional bodies and sit on their committees, for example the GSA, SOH, HMC. ISC, ISI and Diocesan Inspectorates. The General Secretary's close collaboration with the Catholic Education Sarvice (CES) on day-to-day operational school Concerns and strategic policy development continues to ensure that the distinct nature of CISC schools is recognised and considered in informing thinking. This will only get stronger as the current General Secretary transfers to her new role as National RE Advisor at the CES. Relationships wilh dioceses have also been developed with Westminster, Arundel and Brighton and Birmingham holding meetings in year for CISC schools in order to understand their context better and to facilitate relationships. This is a useful model in dioceses where a critical mass of CISC schools reside. The General secretary will encourage other dioceses to follow this model and collaborate across dioceses where this might be appropriate. Findings from the first phase of the 'Spiritual Capital, Research Project. examining the contemporary impact of the charism of a range of Religious Order Trusteeship CISC Schools, have conlinued to be disseminated through Networking magazine, a chapter in Leadership Matters in Catholic Education and an article in the academic journal, Intemational Studies in Calholic Education. Phase 2 of the Project, interviews with pupils, has been delayed due to the changing role of the General Secrelary, however a pilot survey for pupils in CISC schools has been developed with Luke Ramsden from Sl Benedict's School, Ealing. It is hoped this mighl be rolled out in the coming year. Page: 4
CATHOLIC INDEPENDENT SCHOOLS, CONFERENCE BOARD OF MANAGEMENT REPORT YEAR ENDED 31 MARCH 2024 A further article on LGBTQ+ issues was in Networking magazine and also in the academic journal, International Journal for the Study of tha Christian Church. These initiatives articulate how faith in CISC schools is realised and shared through prayer, words and actions and a commitment to social justice whilst articulating and celebraling our mission and vocation in Catholic education. THE FUTURE The coming year will see a focus on.. Successful handover lo the incoming General Secretary Further development of the 'Reach Outl. programmes Recruilmenl to Tabor, Christ the Teacher and online Governance programmes Supporting schools with Canonical Inspection and training as Inspectors Supporting schools with work on mission and identity Facilitating and contributing to conversations with regards to succession planning and future- proofing FINANCIAL REVIEW The end of year balance for March 2024 saw a deficit of£11.518 compared with a profit of £13,661 in 2023. We acknowledged in last year's annual report that this profil was largely due to two sets of conference income falling within the same financial year- Conference 2022 being delayed due to COVID- therefore a doficit whilst unwelcome, is not unexpected. When this is compared with a deficit of over £48k in 2019 we can see how far the organisation has come in reducing costs and realising a more positive financial trajectory. It is hoped that with a continued focus on expenditure, a move into real and sustained profil will be evident in the coming years. Membership fees and monies generated by Conference remain the two main sources of income which means CISC'S continuance is inextricably linked to the strength and viability of its member schools. Slrategic relationships with business providers and other organisations provide essential income and CISC is grateful for their support throughout the year and. particularly, at Conference. The remainder of the grant funding from Porticus and the Jesuit Inslitute is shown as Restricted Funds and is not set against income and expenditure, with the total carried lorward as Restricted Funds of £11,248 at 31 March 2024. The grant funding was awarded for the development of CISC'S Leadership Programme and collaborations with maintained schools. Committee has approved an annual allocation of up to £4,000 to support partlcipanls in engaging with the CISCIEducareM formation for Leadership Programmes, the design of which includes and affords engagement and collaborations with mainlained sector schools. This will continue to satisfy the criteria for which the funding was received. As only one school sought grant funding this year, the member was afforded a full bursary of £1,075 which met the total cost of the programme. The significance of Conference as a pastoral, community and relationship-building event becomes ever more important as schools navigate the contemporary challenges. The focus for CISC is lo ensure it continues to deliver a quality service to members in support of their mission and identity as Catholic Schools with all activities and developments being evaluated in terms of their effectiveness against three criteria - mission. market and moralily. Page.. 5
CATHOLIC INDEPENDENT SCHOOLS, CONFERENCE BOARD OF MANAGEMENT REPORT YEAR ENDED 31 MARCH 2024 The General Secrelary expresses thanks and gratitude for the support and professional wisdom of Liz Brown and Katie Smith at Princethorpe, Paula Hawkins at Serendipity Ink, Sam Hudson, Claudia Marks, Anjali Kothari and Neil Finlayson at Moore Kingston Smilh, Antony Hudson CISC Chair and the CISC Committee. REMUNERATION POLICY The Charity has one paid employa8, Ihe General Secretary. Administrative support is provided by a freelance colleague for which the budget is agreed by the Trustees. The General Secretary's salary is competitive and there is an annual appraisal and salary review, with the possibility of a salary increase subject to a successful completion of annual objectives. This incremental increase has been set aside since 2019 with the agreement of the General Secretary and the Chair in order to mitigate the financial risk to CISC. Its implementation was revlewed by Committee in September 2022 as part of the review of the pilot of the General Secretary's reduction in hours and after the General secretary's appraisal in August 2022. After her appraisal in August 2023 the Committee agreed to award the General Secretary an incremental salary increase of 5/¢. The General Secretary thanks the Committee for their affirmation and support. RISK Each year the risks to the Charity arg kept under review. These include drop in membership (and, therefore, income), financial procedures, deviation from core aclivity, reputational damage to the organisation, ineffective governance, dala loss, health and safety and safeguarding. These have been carefully considered and the likelihood and impact scored. The key risks to CISC centre upon ils financial viability occasioned by a downturn in membership, the underlying causes of which could be an economic downturn, leading to falling roles in schools and potential Glosures. a change in government policy, most particularly Labour's policy of placing VAT on independent school fees and a lack of relevance for members. The systems of the organisation for minimising risk are considered robust and the risk to the organisation, overall, is low. The Risk Register is reviewed annually and trustees are constantly mindful of the risks faced by the charity. The register can be viewed by members only in the Members, Area of the website. RESERVES POLICY The trustees continually monitor Ihe free reserves of Ihe charity, which are defined as unrestricted funds less fixed assets and at March 2024 these totalled £10,215. The trustees consider that reserves of between six and twelve months, expenditure are required to ensure that the charity is able to meel its long-term charitable objectives. This falls short of that requirement but it is hoped that these reserves will be sustained and incrementally built upon over the next years. STATEMENT OF BOARD OF MANAGEMENT RESPONSIBILITIES The Board of Management (who are also directors of Catholic Independent Schools, Conference for the purposes of Company Lawl are responsible for preparing the Board of Management's Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards {Uniled Kingdom Generally Accepted Accounting Practice.) Company Law requires the Board of Management to prepare financial statements for each Financial Year which give a Irue and fair view of the state of the affairs of the Charity and of the incoming Page.. 6
CATHOLIC INDEPENDENT SCHOOLS, CONFERENCE BOARD OF MANAGEMENT REPORT YEAR ENDED 31 MARCH 2024 resources and application of resources, including the income and expenditure, of the charity for that period. In preparing Ihese financial statements, the Board of Management are required to: select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP,. make judgements and estimates that are reasonable and prudent. state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial staleménls., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable Company will continue in business. The Board of Management are responsible for keeping proper accounting rocords that disclose with reasonable accuracy at any time Ihe financial position of the Charity and enable Ihem to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for Safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. AUDITORS Moore Kingston Smith LLP have been appointed as auditors and independent examiners to the ompany and a resolution to re-appoint them will be proposed at the AGM. SMALL COMPANY PROVISIONS This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. On behalf of the Board 1111 Iz* Matthew Burke Chair of CISC Date Page.. 7
CATHOLIC INDEPENDENT SCHOOLS. CONFERENCE Independent Examiner's report For the year ended 31 March 2024 I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. Responsibilltles and basls of report As the Charity's trustees (and also its directors for Ihe purposes of company lawl you are responsible for the preparation of the accounts In accordance with the requirements of the Companles Act 2006 ("Ihe 2006 Act"). Having satisfied myself that thé accounts oflhe Company are not required to b8 audited under Part 16 of Ihe 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 Ihe Charities Act 2011 {"the 2011 Act"}. In carrying out my examination I have followed Ihe Directions given by the Charity Commission under section 14515) (b) of the 2011 Act. Independent Examinerfs Statement I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause to believe: 1.accounting rocords were not kept in respéct of the Company 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 accounling requirements of seclion 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. 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. Ocfe LLP Adam Fullerton {FCA, DChA) For and behalf of Moore Kingston Smith LLP Chartered Accountants 6th Floor 9 Appold Street London EC2A 2AP Dale.. 2611112024
CATHOLIC INDEPENDENT SCHOOLS. CONFERENCE Statement of Financial Activities (incorporating income and expenditure account) For the year ended 31 March 2024 Note Unrestricted Restricted Funds Funds Total 2024 Total 2023 Income Income from charitable activities Subscriptions Sponsorship Conference income Other inGome 73,597 10,280 57,294 223 73,597 10,280 57,294 223 71,198 31,805 92,348 762 Total Income 141,394 141,394 196,113 Expendlture Charitable Activities 151,837 1,075 152,912 182,452 Total Expendtture 151,837 1,075 152,912 182,452 Net In¢omel Expendlture) and net movement on funds 12 (10,443) (1,075) (11,5181 13,661 Total Funds Brought Fonmard 12 22,613 12,323 34,936 21,275 Total Funds Carrled Forward 12,170 11,248 23,418 34,936 The Statement of Financial Activities includes all gains and losses recognised in Ihe year. The notes on pages 11 to 16 form an integral part of these accounts.
CATHOLIC INDEPENDENT SCHOOLS, CONFERENCE Balance Sheet For the year ended 31 March 2024 Note 2024 2024 2023 2023 Fixed Assets Intangible assets Tangible assets 1,955 2,975 1,955 2,975 Current Assets D6btors Short term deposits Cash and cash equivalenls 33,346 58,197 39,496 64,153 91,543 103,649 Creditors: Amounts falllng due withln one year 10 70,080 68,689 (70,080) 168,689) Net Current Assets 21,463 34,960 Total Net Assets 23,418 37,936 Funds Unrestricted funds Restricted funds 12 12,170 11,248 23,418 22,613 12,323 34,936 For the financial year in questlon the company was entitled to exemption under section 477 of the Companies Act 2006 relaling to small companies. No members have required the company to obtaln an audlt of Its accounts for the year in question in accordance with seclion 476 of the Companies Act 2006. The diroctors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and preparalion of accounts. These accounts have been preparéd in a¢¢ordan¢e with the provisions applicable to companies subject to small companies, regime. Approved by the Board of Truslees on and signed on their behalf by: ..ifjiq(Lt........... Matthew Burke Chair of CISC Company number.. 3407765 The notes on pages 11 to 16 form an integral part of these accounts. 10
CATHOLIC INDEPENDENT SCHOOLS. CONFERENCE Notes to the Accounts For the year ended 31 March 2024 1 Accounting Pollcles Company information Catholic Indepandènt Schools, Conference is a charity limited by guarantee and incorporaled in England and Wales. The registered office is 49 Park Road. Torquay, England, TQ14QR. The following policies have been used consistently in the preparation of the charity's financial statements. Basis of Preparation of tho Financial Statements Th&se financial statements have been prepared under the historical cost convenlion and on Ihe going concern basis which assumes the charitable company will continue in operational existence for the foreso6able future. The financial statements have been prepared in accordance wilh the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021. The charity is a public benefit entity for the purposes of FRS 102 and therefore Ihe charity also prepared its financial statements in accordance with the Slatemenl of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportlng Standard applicable in the UK and Republic of Iraland (The FRS 102 Charities SORP) and the Charities Act 2011. The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financlal statements are rounded to the nearest pound. Going concem The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern and that the charity can meet their obligalions for the 12 months from the date these accounts are approved. Income recognltion All income is recognised when Ih8re is entitlement to the funds, the receipt is probable and the amount can be moasured rèliably. Subscriptions are accounted for in thé period which the membership relales to and is included in deferred income when the membership relates to the next period. Expendlture Expenditure is included in the Statement of Financial Aclivilies on an accruals basis, inclusive of any VAT whlch Gannol be recovered. Expendlture is recognised once there is legal or constructive obligation lo transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently at cost less depreciation and any impairment losses. Depreciation is provided al rates calculated lo write off the cost less residual value of each asset over ils expected useful life, as follows-. Office equipment and furniture 33.30/0 Straight line The gain or loss arising on Ihe disposal of an asset is determined as the differencé betwéen the sale proceeds and the carrying value of Ihe asset, and is recognised in the SOFA.
CATHOLIC INDEPENDENT SCHOOLS. CONFERENCE Notes to the Accounts For the year ended 31 March 2024 1 Accounting Pollcios (continued) Intanglble fixed assets Intangiblè fixed assets are initially measured at cost and subsequently at cost less amortisalion and any impairment losses. Amortisation is provided al rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows.. Website development costs 20 1 straight line Cash and cash equlvalent$ Cash and cash equivalents include cash in hand, deposits held at call with banks ands other short- term liquid inveslments with original malurilies of three months or less. Baslc flnancial instruments Baslc financial instruments are measured at amortlsed cost. The charity has no other financial instruments or basic financial instruments moasured at fair value. Debtors and creditors Debtors and creditors recelvabla or payable wilhin one year of the reportlng date are carried at their transaction price and subséquently measured al amorlised cosl less any impairment. Taxation The organisation is a registered charity and therefore is not liable for income tax or corporation tax on income derived from its charitable activities as il falls within varlous exemptions avallable. Fund Accounting Funds held by the charity are.. Unrestricted funds - These are funds which can be used in accordance with the charitable objects at the discretion of the trustees. Restricted funds- These are funds held where the donor has provlded for the donation to be spent in furtherance of a specific charitable purpose. Employee benefits The costs of short-term employee benoflts are reGognised as a liability and an expense. The cosl of any unused holiday ontitiement is recognised in the period in which the employee's services are received. 2 Crltical accounling estimates and Judgements In the application of the charitrfs accounting policies, the board is required to make judgements, estimates and assumptions about Ihe carrying amount of assets and liabilities that are not readily apparent from other sources. Thè &stimates and associated assumptions are based on historical experience and other factors that are considered to be relevanl. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimales aré recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. There aro no astimates and assumptions which have a significanl risk. 12
CATHOLIC INDEPENDENT SCHOOLS. CONFERENCE Notes to the Accounts For the year ended 31 March 2024 3 Analysis of Expenditure 2024 Total 2023 Total Staff Costs (see note 4) Other Cosls (see below) 75,576 77,338 152,912 72,804 109,648 182,452 Other costs are split as follows.. 2024 2023 Conference accommodation & catering Professional fees Travelling and subsistence Computer and office equipmont Amortisalion Telephone Insurance Networking Training Restricted fund projects Other costs 38,786 12,203 5,070 14,456 1.020 133 838 1.603 1,015 1,075 1,137 77,336 71,834 8,473 4.241 16,052 1,020 123 827 1,668 5,410 109,648 4 Staff Costs 2024 2023 a. Wages and Salariès Social Security Costs 71,908 3,668 69,091 3,713 75,576 72,804 The average number of employees for 2024 is 1 (2023.. 1). Those higher earning employees are.. 2024 2023 In the band £60,000 - £69,999 In the band £70,000 - £79,999 Tho Trustees consider that the Company Secretary whose wsts are detailed above, represents the key management of the charitable company. 13
CATHOLIC INDEPENDENT SCHOOLS. CONFERENCE Notes to the Accounts For the year ended 31 March 2024 4 Staff Costs (continued) b. Trustees, remuneration and reimbursed expenses The trustees did not receive any remuneration as slalulory directors of the company. During the year no trustees wère reimbursed expenses for travel and subsistencé. The following expenses ware incurred during the year.. £nil12023.' £1,196} on Irusloelstaff entertaining, and £nil {2023'. £281) on leaving and 'gel well soon, gifts. 5 Net movement in funds is stated after charging 2024 2023 This is slated after charging.. Independenl Examiner's remuneration (net of VATI Amortisatlon Gharge 5,330 1,020 5,200 1,020 6 Intanglble Fixed Assets Cost Wabsite Balance at 1 st April 2023 Additions Disposals Balance at 31 sl March 2024 5,100 5,100 Amortlsatlon Balance at 1 st April 2023 Chargo for the year Disposals Balance at 31st March 2024 2,125 1,020 3,145 Net Book Value At 31st March 2024 1,955 At 31st March 2023 2,975 14
CATHOLIC INDEPENDENT SCHOOLS. CONFERENCE Notes to the Accounts For the year ended 31 March 2024 7 Tangible Fixed Assets Office Equipment Cost Balance at 1st April 2023 Additions Disposals Balance al 31st March 2024 1.088 1,088 Deprociation Balance at 1 st April 2023 Charge for the year Disposals Balance at 31st March 2024 1,088 1,088 Net Book Value At 31sl March 2024 At 31st March 2023 8 Flnanclal Instruments 2024 2023 Carrylng amount of flnanclal Ilabllltles Measured al amortised cost.. 9,749 9,257 2024 2023 9 Debtors Prepayments & accrued income 2024 2023 10 Creditors Subscriptions in advance (see note 11) Accruals and other creditors Taxation and Social Security 54,501 9,749 5,830 56,833 9,257 2,599 70,080 68,689 2024 2023 11 Income in advance At beginning of the year Released during the year Additions in the year 56,833 (56,833) 54,501 98,347 (98,347) 56,833 At end of th6 year 56,833 15
CATHOLIC INDEPENDENT SCHOOLS. CONFERENCE Notes to the Accounts For the year ended 31 March 2024 12 Reserves Balance at 1 April 2023 Incomo Expenditure Other lossès Balance at 31 March 2024 Unrestricted funds 22,613 141,394 (151,837) 12,170 Porticus Jesuits in Britain 7,660 4,663 (1,075) 6,585 4,663 Restricted resèrves 12,323 (1,075) 11,248 Total reserves 141394 152 912 Reserves Balance at 1 April 2022 Income Expenditure other losses Balance at 31 March 2023 Unrestricted funds 8,952 196,113 (182,452) 22,613 Porticus Jesuits in Brilain 7,660 4,663 7,660 4,663 Restrlcted reserves 12,323 Total rèserves 21,275 196,113 182 452 34,936 Restricted funds The Porticus fundlng is towards the CISC special schools projects and the CISC school partnership projects with the community. Jesuits in Britain funding is towards the CISC leadership programme. 13 Company Status The charity is a registered company limited by guarantee. The members liability is limited in the event of the company being wound up to a contribution of £1 towards the assets of the company. Members comprise the Board of Management. 14 Related Party Transactions With the exception of trustees reimbursements disclosed in note 4b there were no other related party transactions during the current and preceding year. 16