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← Catholic Independent Schools Conference

2025-03-31-accounts

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 2025

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 2025

CONTENTS Page
Reference and administration information 1
Board of Management report 2 – 7
Independent Examiners’ Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11 - 16

CATHOLIC INDEPENDENT SCHOOLS’ CONFERENCE (A company limited by guarantee and not having a share capital)

REFERENCE AND ADMINISTRATIVE INFORMATION

YEAR ENDED 31 MARCH 2025

CHARITY NUMBER: 1063645 COMPANY NUMBER: 3407765 REGISTERED OFFICE: 49 Park Road Torquay England TQ1 4QR BOARD OF TRUSTEES: Matthew Burke (Chair) Sarah Barreto (appointed 16 May 2024) Christopher Cann Sarah Conrad (resigned 16 May 2024) Margaret Giblin Edmund Hester (appointed 19 September 2024) Antony Hudson (resigned 16 May 2024) Rachel Owens (appointed 19 September 2024) Jon Reddin Annie Sutton GENERAL SECRETARY: Sarah Barreto INDEPENDENT EXAMINERS: Moore Kingston Smith LLP 6[th] Floor 9 Appold Street London EC2A 2AP SOLICITORS: Stone King 13 Queen Street Bath BA1 2HJ BANKERS: HSBC 55 Corporation St Coventry West Midlands CV1 1GX

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CATHOLIC INDEPENDENT SCHOOLS’ CONFERENCE BOARD OF MANAGEMENT REPORT YEAR ENDED 31 MARCH 2025

The Board of Management, who are also directors, present their annual report together with the financial statements for the year ended 31 March 2025.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Catholic Independent Schools’ Conference (CISC) was incorporated in 1997 as a company limited by guarantee (no. 3407765) and is also a registered charity (No. 1063645). The governing document of the charity is the Memorandum and Articles of Association, which can be found on the website at www.catholicindependentschools.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 directors/trustees 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 the website at www.catholicindependentschools.com > Membership > Membership Types). Board members serve for a period of six years. The Board of Management elects the 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 trustees have regard to 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 stood down from this role on 24[th] May 2024. Her successor, Mrs. Sarah Barreto, commenced in the role of General Secretary on 1st May 2024.

RISK ASSESSMENT

The Risk Statement and Risk Register was presented to the committee (board of management) at a full meeting on 19[th] September 2024. After a full discussion it was reviewed and approved.

OBJECTIVES AND ACTIVITIES

The Company’s (CISC’s) Objects, as described in the Memorandum and Articles of Association (1997) are:

“To promote education in schools which teach the Catholic faith principally by providing the head teachers or principals of those schools with the opportunity to meet, discuss, analyse and consider common concerns and to disseminate the outcome of such meetings.”

In the year in question, CISC has focused on:

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CATHOLIC INDEPENDENT SCHOOLS’ CONFERENCE BOARD OF MANAGEMENT REPORT YEAR ENDED 31 MARCH 2025

ACHIEVEMENTS AND PERFORMANCE

CISC’s Strategic Plan for 2021-2025 outlines the following strategic aims.

In line with previous reports, achievement and performance will be evaluated with reference to these strategic commitments with reference to key elements of the year in question. The Strategic Plan is under review and a new 2026-2030 version will be agreed at the AGM for Conference 2026.

Supporting communion and collaborations 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 2025, ‘Hearts on Fire, Feet on the Move’ took place in our usual slot over 6-7 February. Attendance was slightly higher than last year, with 118 people in total – compared to 116 last year and 91 the year before. The conference was led by Sr Judith Russi SSMM, who urged us to ‘make a ruckus’ and ‘stir things up!’ then followed the quiet, calm voice of hope in our lovely new

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CATHOLIC INDEPENDENT SCHOOLS’ CONFERENCE BOARD OF MANAGEMENT REPORT YEAR ENDED 31 MARCH 2025

CISC Chaplain, Fr George Bowen. We enjoyed brief input from Beth Friery from CAFOD and Mugeni Sumba from the Oscar Romero Trust. The General Secretary also presented her report ‘ Offering Religious Education as 10% of the Taught Curriculum: Blessings, Challenges and Opportunities in Catholic Independent Schools’. Workshops covered a range of issues from resources for primary and secondary schools linked to ACN’s work to real life examples and practical advice on delivering social justice projects in a busy school or dealing with Autistic Spectrum Disorder. There was the usual excellent briefing led by headline sponsors Moore Kingston Smith (MKS) and Stone King (SK). CISC is grateful to colleagues at MKS and SK for giving their time and expertise in this way.

Our Friday morning hosted conversation chaired by the General Secretary and including Fr George Bowen (CISC Chaplain), Paul Barber (Director, Catholic Education Service) and Dr Mo Glackin (National RE Adviser, Catholic Education Service) was a lively and candid conclusion to the Conference.

Many thanks to Our Lady’s Abingdon for for their inspiring reading, music and facilitation of our liturgies.

‘Reach Outs!’ – informal on-line meetings for colleagues who share key roles across CISC schools - continued with a continued focus on CSI and the CISC Music Hub. Increased online engagement with members, whilst having limits, does allow member schools to 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 continues, 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. This year, 3 schools have availed themselves of this.

Of critical importance to CISC is the formation of leaders and future leaders and this year 2 CISC middle leaders 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 the 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 at just £200 per school.

All these initiatives contribute 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 formation and education for their communities.

Challenging misconceptions and being an authentic voice for Catholic independent schools nationally and internationally is of key importance to all members.

CISC members and Committee Members remain active within associated professional bodies and sit on their committees, for example the GSA, SoH, HMC, ISC, ISI and CSI Inspectorates.

The General Secretary’s close collaboration with the Catholic Education Service (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. Relationships with dioceses have also been developed with 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. The committee has commissioned a report into good practice in this area for Autumn 25.

Findings from CISC Schools have continued to be disseminated through Networking magazine each term this year. Member schools receive one copy of each issue of Networking, Catholic Education Today. This journal reflects on the wide range of distinctive issues which concern all those involved in enterprise of Catholic Education.

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CATHOLIC INDEPENDENT SCHOOLS’ CONFERENCE BOARD OF MANAGEMENT REPORT YEAR ENDED 31 MARCH 2025

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 celebrating our mission and vocation in Catholic education .

THE FUTURE

The coming year will see a focus on:

FINANCIAL REVIEW

The end of year balance for March 2025 saw a welcome but modest surplus of £5,615 compared with a deficit of £11,518 in 2024. 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 profit 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. Strategic 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 Institute is shown as Restricted Funds and is not set against income and expenditure, with the total carried forward as Restricted Funds of £8,453 at 31 March 2025. 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 a year to support participants in engaging with the CISC/EducareM Formation for Leadership Programmes, the design of which includes and affords engagement and collaborations with maintained sector schools. This will continue to satisfy the criteria for which the funding was received. Three schools sought grant funding this year to support the cost of the programmes.

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 to 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 morality.

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CATHOLIC INDEPENDENT SCHOOLS’ CONFERENCE BOARD OF MANAGEMENT REPORT YEAR ENDED 31 MARCH 2025

The General Secretary expresses thanks and gratitude for the support and professional wisdom of Liz Brown and Katie Smith at Princethorpe, Paula Hawkins at Serendipity Ink, Adam Fullerton, Claudia Marks, Ayesha Hassim, Anjali Kothari and Neil Finlayson at Moore Kingston Smith, outgoing CISC Chair Antony Hudson and incoming CISC Chair Matthew Burke and the CISC Committee.

REMUNERATION POLICY

The Charity has one paid employee, the 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 to mitigate the financial risk to CISC. Its implementation was reviewed 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 previous General Secretary an incremental salary increase of 5%. The first annual review and appraisal for the new General Secretary should take place in August 2025.

RISK

Each year the risks to the Charity are kept under review. These include drop in membership (and, therefore, income), financial procedures, deviation from core activity, reputational damage to the organisation, ineffective governance, data loss, health and safety and safeguarding. These have been carefully considered and the likelihood and impact scored. The key risks to CISC centre upon its 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 closures; 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 the free reserves of the charity, which are defined as unrestricted funds, less fixed assets and at March 2025 these totalled £18,709. The trustees consider that reserves of between six- and twelve-months’ expenditure are required to ensure that the charity can meet its long-term charitable objectives. This falls short of that requirement, but it is an improvement on the previous year at March 2024 at £10,215 so it is hoped that these reserves will be sustained and incrementally built upon over the next two 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 Law) are responsible for preparing the Board of Management’s Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice.)

Company Law requires the Board of Management to prepare financial statements for each Financial Year which give a true and fair view of the state of the affairs of the Charity and of the incoming

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CATHOLIC INDEPENDENT SCHOOLS’ CONFERENCE BOARD OF MANAGEMENT REPORT YEAR ENDED 31 MARCH 2025

resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the Board of Management are required to:

The Board of Management are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity 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 Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the Board of Management are aware:

INDEPENDENT EXAMINERS

Moore Kingston Smith LLP have been appointed as independent examiners to the company 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

_____ U

Matthew Burke Chair of CISC

Date: 18th September 2025

7

CATHOLIC INDEPENDENT SCHOOLS' CONFERENCE Independent Examiner's report For the year ended 31 March 2025

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 (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:

1.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

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.

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.

Adam Fullerton (FCA, DChA) For and behalf of Moore Kingston Smith LLP Chartered Accountants

6th Floor 9 Appold Street London EC2A 2AP

Date: 25 November 2025

8

CATHOLIC INDEPENDENT SCHOOLS' CONFERENCE Statement of Financial Activities For the year ended 31 March 2025

Note Unrestricted Restricted
Total
Funds
Funds
2025
£
£
£
Income
Income from charitable activities
Subscriptions
74,698
-
74,698
Sponsorship
19,574
-
19,574
Conference income
54,274
-
54,274
Other income
176
-
176
Total Income
148,722
-
148,722
Expenditure
Charitable Activities
3
140,312
2,795
143,107
Total Expenditure
140,312
2,795
143,107
Net movement on funds
11
8,410
(2,795)
5,615
Total Funds Brought Forward
11
12,170
11,248
23,418
Total Funds Carried Forward
20,580
8,453
29,033		 Total
2024
£
73,597
10,280
57,294
223
141,394
152,912
152,912
(11,518)
34,936
23,418

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 11 to 16 form an integral part of these accounts.

9

CATHOLIC INDEPENDENT SCHOOLS' CONFERENCE Balance Sheet For the year ended 31 March 2025

Note 2025 2025 2024 2024
£ £ £ £
Fixed Assets
Intangible assets 6 935 1,955
Tangible assets 7 936 -
Current Assets 1,871 1,955
Debtors 8 1,373 -
Short term deposits 35,134 33,346
Cash and cash equivalents 50,219 58,197
Creditors: Amounts falling due 86,726 91,543
within one year 9 (59,564) (70,080)
Net Current Assets (59,564)
27,162		 (70,080)
21,463
Total Net Assets 29,033 23,418
Funds
Unrestricted funds 11 20,580 12,170
Restricted funds 8,453 11,248
29,033 23,418

For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies' regime.

Approved by the Board of Trustees on 18th September 2025

and signed on their behalf by:

Matthew Burke Chair of CISC Company number: 3407765

The notes on pages 11 to 16 form an integral part of these accounts.

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CATHOLIC INDEPENDENT SCHOOLS' CONFERENCE Notes to the Accounts For the year ended 31 March 2025

1 Accounting Policies

Company information

Catholic Independent Schools' Conference is a charity limited by guarantee and incorporated in England and Wales. The registered office is 49 Park Road, Torquay, England, TQ1 4QR.

The following policies have been used consistently in the preparation of the charity's financial statements.

Basis of Preparation of the Financial Statements

These financial statements have been prepared under the historical cost convention and on the going concern basis which assumes the company will continue in operational existence for the foreseeable future.

The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The charity is a public benefit entity for the purposes of FRS 102 and therefore the charity also prepared its financial statements in accordance with the 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 (The FRS 102 Charities SORP), the Companies Act 2006 and the Charities Act 2011.

These financial statements for the year ended 31 March 2025 are prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.

Going concern

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 obligations for the 12 months from the date these accounts are approved.

Revenue recognition

All income is recognised when there is entitlement to the funds, the receipt is probable and the amount can be measured reliably. Subscriptions are accounted for in the period which the membership relates to and is included in deferred income when the membership relates to the next period.

Expenditure

Expenditure is included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered. Expenditure is recognised once there is legal or constructive obligation to 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 at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Office equipment and furniture 33.3% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the SOFA.

11

CATHOLIC INDEPENDENT SCHOOLS' CONFERENCE Notes to the Accounts For the year ended 31 March 2025

1 Accounting Policies (continued)

Intangible fixed assets

Intangible fixed assets are initially measured at cost and subsequently at cost less amortisation and any impairment losses. Amortisation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Website development costs

20% straight line

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks ands other shortterm liquid investments with original maturities of three months or less.

Basic financial instruments

Basic financial instruments are measured at amortised cost. The charity has no other financial instruments or basic financial instruments measured at fair value.

Debtors and creditors

Debtors and creditors receivable or payable within one year of the reporting date are carried at their transaction price and subsequently measured at amortised cost 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 it falls within various exemptions available.

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 provided for the donation to be spent in furtherance of a specific charitable purpose.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense. The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

2 Critical accounting estimates and judgements

In the application of the charity's accounting policies, the board is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are 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 are no estimates and assumptions which have a significant risk.

12

CATHOLIC INDEPENDENT SCHOOLS' CONFERENCE Notes to the Accounts For the year ended 31 March 2025

3
Analysis of Expenditure
Staff Costs (see note 4)
Other Costs (see below)
Other costs are split as follows:
Conference accommodation & catering
Professional fees
Travelling and subsistence
Computer and office equipment
Depreciation
Amortisation
Telephone
Insurance
Networking
Charitable expense
Restricted expenditure
Other costs
4
Staff Costs
a. Wages and Salaries
Social Security Costs
Pensions
The average number of employees for 2025 is 1 (2024: 1).
Those higher earning employees are:
In the band £70,000 - £79,999		 2025
Total
£
66,139
76,968
143,107
2025
£
38,997
10,331
5,721
13,682
360
1,020
531
851
1,704
-
2,795
976
76,968
2025
£
62,644
2,284
1,211
66,139
2025
-		 2024
Total
£
75,576
77,336
152,912
2024
£
38,786
12,203
5,070
14,456
-
1,020
133
838
1,603
1,015
1,075
1,137
77,336
2024
£
71,908
3,668
-
75,576
2024
1

The Trustees consider that the Company Secretary whose costs are detailed above, represents the key management of the charitable company.

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CATHOLIC INDEPENDENT SCHOOLS' CONFERENCE Notes to the Accounts For the year ended 31 March 2025

4 Staff Costs (continued)

b. Trustees' remuneration and reimbursed expenses

The trustees did not receive any remuneration as statutory directors of the company.

During the year no trustees were reimbursed expenses for travel and subsistence.

The following expenses were incurred during the year: £1,592 (2024: £nil) on trustee/staff entertaining, and £145 (2024: £nil) on leaving and 'get well soon' gifts.

5
Net movement in funds is stated after charging
This is stated after charging:
Independent Examiner's remuneration (net of VAT)
Amortisation/depreciation charge
6
Intangible Fixed Assets
Cost
Balance at 1st April 2024
Additions
Disposals
Balance at 31st March 2025
Amortisation
Balance at 1st April 2024
Charge for the year
Disposals
Balance at 31st March 2025
Net Book Value
At 31st March 2025
At 31st March 2024		 2025
£
5,330
1,380		 2024
£
5,330
1,020
5,100
-
-
5,100
3,145
1,020
-
4,165
935
1,955
Website

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CATHOLIC INDEPENDENT SCHOOLS' CONFERENCE Notes to the Accounts For the year ended 31 March 2025

7 Tangible Fixed Assets

Cost
Balance at 1st April 2024
Additions
Disposals
Balance at 31st March 2025
Depreciation
Balance at 1st April 2024
Charge for the year
Disposals
Balance at 31st March 2025
Net Book Value
At 31st March 2025
At 31st March 2024
8 Debtors
Prepayments & accrued income
9 Creditors
Subscriptions in advance (see note 10)
Accruals and other creditors
Taxation and Social Security
10 Income in advance
At beginning of the year
Released during the year
Additions in the year
At end of the year		 2025
£
1,373
1,373
2025
£
49,932
7,958
1,674
59,564
2025
£
54,501
(54,501)
49,932
49,932		 -
1,296
-
1,296
-
360
-
360
936
-
2024
£
-
-
2024
£
54,501
9,749
5,830
70,080
2024
£
56,833
(56,833)
54,501
54,501
Office
Equipment

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CATHOLIC INDEPENDENT SCHOOLS' CONFERENCE Notes to the Accounts For the year ended 31 March 2025

11
Reserves
Unrestricted funds
Porticus
Jesuits in Britain
Restricted reserves
Total reserves
Reserves
Unrestricted funds
Porticus
Jesuits in Britain
Restricted reserves
Total reserves		 £
12,170
6,585
4,663

11,248
23,418
£
22,613
7,660
4,663

12,323
34,936
Balance at 1
April 2024
Balance at 1
April 2023		 Income
£
148,722
-
-
-
148,722
Income
£
141,394
-
-
-
141,394		 Expenditure
£
(140,312)
(2,795)
-
(2,795)
(143,107)
Expenditure
£
(151,837)
(1,075)
-
(1,075)
(152,912)		 Other
losses
£
-
-
-
-
-
Other
losses
£
-
-
-
-
-		 20,580
3,790
4,663
8,453
29,033
12,170
6,585
4,663
11,248
23,418
Balance at 31
March 2025
Balance at 31
March 2024

Restricted funds

The Porticus funding 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.

12 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.

13 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