EDUCARE M
(Registered Charity No: 1065452)
(Registered Company No: 3436147)
TRUSTEES, REPORT AND
FINANCIAL STATEMENTS
31 MARCH 2024

EDUCARE M
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
REFERENCE AND ADMINISTRATION DETAILS
TRUSTEES
Declan Linnane (Chair)
Marjorie Bannister (Vice chair)
Adam Hardy
Helen Hill
Maureen Martin
Patrick Morriss¢y
David O'Fattell
John Shinkwin
GOVERNING DOCUMENT
Memorandum and Articles of Association dated I September1997
CONSULTANTS
Sister Judith Russi, SSMN
Brendan Duffy
REGISTERED OFFICE
l Grafton Road
Harrow
Middx
HAI 4QS
CHARITY REGISTRATION NUMBER
1065452
COMPANY REGISTRATION NUMBER
03436147
INDEPENDENT EXAMINER
Olayinka Tomori ACA DChA
Longmeade Consult Ltd
The Old Rectory
Springhead Road
Northfle¢t
Kent
DAII 8HN
BANKERS
Barclays Bank plc
Leicestcr
LE87 2BB
SOLICITORS
Stone King LLP
13 Queen Square
Bath
BAI 2HJ

EDUCARE M
REPORT OF THE TRUSTEES (Continued)
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their report and the accounts of the charity for the year ended 31 March 2024. They 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)
(Second Edition effective l January 2019) and complied with the requirements of the Companies Act 2006.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution and governance
The Charity was established by Memorandum and Articles of Association dated I September 1997 and is registered with the
Charity Commission. no. 1065452. The Charity is a company limited by guarantee. company no. 03436147.
The length of service of Trustees is deterniined by the constitution of the chartty. One trustee is obliged to retire by vote at
every third Annual General Me¢ling. The process of appointment of Trustees is detennined by the constitution and the next
Annual General Meeting. At ¢very third Annual General Meeting, the members vote to remove one of the Board of Trustees
but there shall also be a vote to r¢-elect that p¢rson. The next such vote is scheduled for 2024. No person. other than one re-
electcd by rolalion, shall become a Trustee unless recommend¢d by an existing Trustee or unless proposed with due notice by
a member of the company.
OWECTIVES AND ACTIVITIES
Educarem is a charity whose objects are
. lo advap7ce and promoie the spiritual and moral development of children and
younx people and developmvnl offamily valNes.
This has been achieved principally by means of the charity's activities in
schools but the Lharily, with the aid of specific funding, has now initiated a national programme of fomation for Headteachers
and supporting the development of Catholic education at all levels; Striving to advance the radical mission of the Church in
education.
PUBLIC BENF.FIT
The trustees confirni that they have referred to the guidance contained in the Charity Commission's general guidance on
Public Benefil when reviewing the charity's aims and objectives and in planning future activities. In particular, the trustees
consider how planned activities will contribute to the aims and objectives th¢y have sel.
ACTIVITIES, ACHIEVEMENTS, PERFORMANCE AND FUTURE PLANS
Edu¢areM continues to work nationally, offering the following programmes
Governor training
Chrisl the Teacher for serving heads, directors. CEO'S and Multi Academy Board members
The annual Reconnect conference for Christ the Teacher graduates
Tabor programme for Deputy Heads, Assistant Heads, and Middle Leaders
The Building the Kingdom curriculum devclopment Programme
Chaplaincy development
Oracy for Advocacy programme
The National Relreat
Bespoke Inservice days as requested by individual MACS and Schools
Th¢r¢ has be¢n very positive feedback to the introduction of service Icvel agre¢ments. Mr Adam Hardy, one of the trustees
is in contact with CEOS to ensure Educarem's provision is meeting their expectations and needs.

EDUCARE M
REPORT OF THE TRUSTEES (Continued)
FOR THE YEAR ENDED 31 MARCH 2024
REVIEW OF THE YEAR
Educarem leadership team
The leadership of Educarem has continued to deliver a high level of hands-on training and support. The team is made up of
the following people;
Sr Judith (Educarem Director), Mr Brendan Duffy (National School of Fonnatlon Director) Mrs Maureen GlackiT] (General
Secretary of Catholic Independent Schools, Conference
CISC) and Mr Martin Johnson (Executive Headteacher and
H¢adt¢acher of the Sacred H¢art School in West Houghton and Mrs Julic-Anne Tallon director of the Catholic Primary
Partnership.
Curriculum development
The Building the Kingdom initiative continues to reach more schools nationally. Many schools are in iheir second and third
year of designing and developing their curriculum so that it is in line with the mission of the Church in education and Ofsted
ompliant. The new development. focusing on oracy for advocacy for those on the margins of society is now attracting schools
across the country who come together for a day to explore and discuss Catholic Social Teaching. Schools are keen to expose
pupils to both Lhurch, Local Government and National Leaders to explore how they might build a better world.
Church And local leaders join 500 young people from the
Archdiocese of W¢stminster to explore ways in Ivhich they
can bring about challenging and chgnging injustices in our
country today.
Article from Archdiocese of Birmingham Newsletter
E EtrlItA*
.BE. FoiD
Coventry Schools Come togeth¢r
Empowering advocates of the future through
Catholic Social Teaching (CST)
Rallying cries of Pope Francis's words "Hearls onfire, feel on ihv move, kickstarted a special event in Coventy on Tuesday
?2 October.
The '/ Church, event was held at Sacred Heart, Harefield Road, and attracted over 150 pupils representing 12 Coventy
schools.
From the off it was evident that Catholic Social Teaching (CST) is shining bright in Coventry with pupils seizing the
opportunity to showcase how they'r¢ putting their faith into action on a daily basis. The evenl was organised by Gratnne
Griffiths, headteacher at Floly Family Catholic Primary School, together with Sister Judith Russi, Director of Educarem,
which encompasses the National School of Formation programme for all senior leaders and governors in Catholic education.

EDUCARE M
REPORT OF THE TRUSTEES (Continued)
FOR THE YEAR ENDED 31 MARCH 2024
REVIEW OF THE YEAR (continued)
Inspired by training she received from Sr Judith, Mrs Griffiths introduced the 'Building ihe Kingdom, curriculum into the
school -_ weaving elements of cs'r through the national curriculum. not just in RE.
'Btiilding ihe Kingdom, comes from the 'Our Faiher,. It is a way of teaching which encourages t¢achers lo ask questions, not
just give answers. High-level questioning and Challenging by pupils lo enable them to become critical, analytic, creative
thinkers.
At the event pupils spent the morning sharing ideas and best practice of what they're already doing io live out th¢ seven
Catholic Social Teaching themes -_ Digp7ity ofihe Human Person, F-aixily and Community. Solidarily and the Common Good,
Rights and Rgspon.Yibililies, C)plionfor Poor and Vulnerable, The digk7ity of work, Siewardship- Carefor our common home.
Inspired by training she received from Sr Judith. Mrs Griffiths introduced the 'B74ilding the Kingdom, curriculum into the
school - weaving elements of CST through the national curriculum, not just in RE.
They delivered presentations to their peers. each time getting more confident a5 their public speaking improved.
Issues of injustice today such as why do we need food banks in a first world county. environmental projects, solidarity,
spending time with older people and raising money for those in the greatest need were just some of the topics being discussed.
"This is all about the children," said Mrs Griffiths. 'As St Catherine of Siena said, 'Be who Godmeanlyou to be andyou will
sel Ihv woi'ld un.fire
'The children are our future, and wc have to inspire them to be change makers. Here they are speaking out in public, putting
their failh into action. We are makin&1 advocates for change, empowering them to grow in confidence so that they can speak
out.
'Hopefully they will be even more inspired when they retum to their respective schools and share what they've learnt.,
Sr Judith said headteachers attending the fonnation programme run by Lducarem are actively passing on the 'Building ihe
Kingdom, approach to the national cu￿1¢U1uM to schools across the country.
'What we are witnessing loday are young people finding their voice as Gospel activists, growing in confidence and
discovering a new way ot givingy the Gospel message a clear Connection with their experience of the world today,, said Sr
Judith. 'Covenlry is very united in ils schools - working together as a force for good. Where adults fail to speak children
will, if we prepare them.
'In the afternoon several children spoke about '1 am Church, and what it means to them. Their love for being part of the
Church came across very strongly. However, they were not shy of presenting us with the challenges and big questions
facing the Church today.
'It was very helpful that four members of the clergy attended the day and formed a panel in ihe afternoon lo respond to the
speaker's questions, ranging from a lack of attendance at Mass, wom¢n priests and how to cope with ihe pressures of daily
life. It was clear from the responses of the students that they felt heard and valued.,
The final question from Sister Judith to the schools was
ofboih leadership and advocary.
'where and whal now?, us logeiher il is time to go the nayi level

EDUCARE M
REPORT OF THE TRUSTEES (Continued)
FOR THE YEAR ENDED 31 MARCH 2024
REVIEW OF THE YEAR (continued)
Formation for leadership today
Pupil Chaplaincy Teams
Educarem continues to 5UPPOrt MACS and diocese in the development of pupil led Chaplaincy teams. Demand for this
training is increasing mainly due to two factors,
Lack of trained lay chaplains
Finance
The GIFT (Growing in Faith Together) Chaplaincy teams are a creative and empowering way of developing chaplaincy both
in schools and across MACS.
NATIONAL RETREAT
The National Retreat wa5 led by Sister Dr Gemma Simmons CJ entitled"Hope in a changing world" Once again, Ihis
evcnl was ful I to capacity.
Feedback from the retreat
This Retreat is profound. Coming to Coombe Abbey allows me to be filled up. the impact of this is amazing, and
meeting and sharing with friends.
'What is your desire?ry? This was so powerful I cried. It released something in me that was needed,
Gemma's wisdom and artfully entertaining way of speaking to her audience has been of real value.
Sr Gemma leaching us scripture in practical application - spiritually uplifting. Ideas for our return to school.
Talks from Sr Gemma- influential and healing.
NATIONAL SCHOOL OF FORMATION
The 7, Cohort of 40 headieachers, directors and governors were successfully compl¢led in March 2024.
During the training, participants were invited to select two UK study visits.
Cornerstone, a day centre providing services to vulnerable and disadvantaged Adults.
Corrymeela Project N. Ireland - a centre for Dialogue for Peaceful Change.
Fatima House Birniingham- a centre for transfomiing the lives of destitute women and asylum seekers.
Women at the Well- a drop-in centre at Kings Cross.
L 'Arche -communitie5 where people, with and without learntng disabilities, share life together, living
or working in community.
Cardinal Hume Centre -
and legal status.
IGNITE! _ which supports young people 11-25 to help them re-engage wTth education, find
employment, move away from anti-social behaviour, gan8 environment and exploitative relationships.
Emmaus- homel¢ss proj¢ct in St Albans.
which focuses on four area of need- employment, housing, education and skills

EDUCARE M
REPORT OF THE TRUSTEES (Continued)
FOR THE YEAR ENDED 31 MARCH 2024
Governor Training
An extended s¢ries of Governor Training twilight sessions Continue to be available online for Governors. These twilight
session5 are working well as they are held at what appears the most convenient time for governors. Attendees are also able to
access previous recorded topics.
Tabor Programme
The 1.abor programme has completed its, third cohort. The encouraging and very positive review5 and evaluations mean that
Edu¢areM will continue to provide this programme.
Feedback from final session
I had the opportunity to think about myself as a leader and thought more deeply about putting the child at the
centre, my curriculum and how that links to the mission of the school.
I have a renewed sense of purpose of my rol¢ in Catholic education. the way that l interact with others in school;
the mission of my school and how it fits in with the Pope's mission. the importance of shared language that is
understood by all.
We have a really important role going forward to shape the lives of young people
Th¢ main lake away "inspired tu make a difference"
Researching new Initiatives
In consultation with both trustees and headieachers it has been agreed that we research the possibility of taking a group of 20
Headteachers and Governors/CEOs lo Assisi for a Ihree-day retreat. Sr Judith and Brendan Duffy were accompanied by Fr
Jonathan Veasey Vicar General from the Archdiocese of Birniingham lo Assisi in March to plan this eveni for 2025.
Plaques for schools who are now identified as Educarem schools
Educarem now awards a plaque of association for schools who are
working with Educarem and pioneering new initiatives. These
Schools lead the way both locally and nationally in deliv¢ring and
promoting the mission of the Church in education.
Educare

EDUCARE M
REPORT OF THE TRUSTEES (Continued)
FOR THE YEAR ENDED 31 MARCH 2024
FINANCE REVIEW
The charity continued with its usual activities during the year. Total income for the year rose to £240.3k (2023.. £225.3k) as
2023 saw the commencement of funds raised for the School Improvement program and growth in the NSF program as some
schools now pay in monthly instalments.
Total expenditure was £172.2k compared to £193.8k in the previous year due to lower costs of National School of Forniation
events.
There were net gains on investments of £12.4k (2023.. £4.8k net losses) reflecting the upward trend in capital markets in 2023
and 2024.
The Trustees are keen to ensure that the charity's service5 are open to all irrespective of ability to pay. Therefore, it is their
policy to offer subsidised raies, in cases of need, upon application. Six grants totalling £3,125 were off¢r¢d this year for the
National School of Forniation (2023.. Three grants totalling £2,660): income is staled net of these amountsi
The result for the year was a surplus of £80.5k (2023.. £26.8k), all of which were unrestrict¢d funds. The £8.Ok Tcstricted grant
brought forward from the prior year for"Building the Kingdom" was fully expended in the year.
RESERVES POLICY
It is Ihe intenlion of the Trustees to maintain financial reserves at a level whereby they can fund the ongoing activities of the
Charily. Ai the year-end the "free reserves" of the charity, that is total funds excluding restricted funds. stood at £308.3k
(2023- £219.9k) which rcpresents about 18 months of budgeted expenditure. Some of the funds are simply a result of timing
and will be expL'nded in the coming years. Overall, this align5 With the Trust¢¢s' aim of holding approximately one year's
expenditure in reserve. These reserves also provide a sound capital base for the longer tenn, to finance the charity's working
capital and ils cash flows since considerable expenditure is often incurred by the charity before the corresponding revenue is
generated.
In the view of the Trustees, the charity's financial statements continue to indicate a healthy balance of funds with sufficient
reserves in place to meet the charity's obligations in the medium term. Trustees remain optirnistic that the charity will continue
to be in a position to provide the much-needed support to schools and other organisations of the benefit of children.
INVESTMENT POLICY
The Trustees have the power to make investments as they deem fit. Currently> the charity has invested sorne of its cash
reserves in short terni low risk charity investment funds.

EDUCARE M
REPORT OF THE TRUSTEES {Continu¢d)
FOR THE YEAR ENDED 31 MARCH 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Trustees (who are also the directors of the Company} are responsible for preparing the annual report and the financial
statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law requires the Trustees to prepare financial statements for each financial p¢riod which give a true and fair view
of the state of affairs of the charitable company as at the balance sheet date and of its income and expenditure for that period.
In preparing these financial statements. the Trustees 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,
adopt the going concem basis unless it is inappropriate to presume that the charitable company will continue on that
basis.
The Trustees are responsible for the k¢¢ping of proper accounting records which disclose with reasonable accuracy at any
time the financial position of the charitable company and which enable them to ensure that the financial slatements comply
with the Charities Act 201 l and Companies Aci 2006. They have general responsibility for taking such steps as are reasonably
open to them to safeguard the assets of the charitable company and to prevent and detect fraud and other irregularities.
The financial statements have therefore been drawn up to comply with the above statutory requirements, with the
Memorandum and Articles of Association and the Accounting and Reporting by Charities.. Statement of Recommended
Practice applicable to charities preparing accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS102) (second edition effective January 2019) - Charites SORP (FRS102).
Approved by the Trustees on
ovember 2024 and signed on their behalf by
7-e￿1_ (a-
Declan Linnane
Chair of Trustees

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
EDUCARE M
FOR THE YEAR ENDED 31 MARCH 2024
I report to th¢ charity trustees on my examination of th¢ accounts of the Company for the year ended 31 March 2024.
Responsibilities and basi5 of the report
As the charity's trustees of the Company (and also its diTectors 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'5 accounts as carried out under
section 145 of the Charities A¢t 2011 ('the 201 l Act,). In carrying out my examination I have followed the Directions 8iv¢n
by the Charity Commission under section 145{5) (b) of the 201 l Act.
Independent examiner's report
I have completed my examination. I confirni that no matters have come to my attention in connection with the examination
giving me cause to believe that..
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act. or
the accounts do not accord with those record5. or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any
requiremenl that the accounts give a 'true and fair view. which 15 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 lapplicable 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 matter5 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.
Olayinka Tomori ACA DChA
Longmeade Consult Ltd
The Old Rectory
Springhead Road
Northtleet
Kent, DAI18HN
29
November 2024

EDUCARE M
STATEMENT OF FINANCIAL ACTIVITIES
(Ineluding Income & Expenditure Account)
FOR THE YEAR F.NDED 31 MARCH 2024
Total
2024
Total
2023
Unrestricted
Restricted
Notes
(Note 13)
INCOME from
Granls and Donations
Investment income
15,024
289
985
985
Charitable aetivities
239.348
239.348
210.019
Total income
240.333
240.333
225.332
EXPF.NDITURE on
Charitable activities
164,248
8.000
172,248
193,752
Total Expenditure
164,248
8,000
172,248
193,752
Net income/{expendilure) before investment
gains/(losses)
76,085
(8,000)
68,085
31,580
Net gainsl(losses) on investments
12.402
12,402
(4,773)
Nel movement in funds
88,487
(8,000)
80,487
26,807
Accumulated Fund5
Broughi forward at start of year
219,862
8,000
227,862
201,055
Carrled forTrvard at end of year
£308J49
£308J49
£227,862
No separate summary income and expenditure account has been prepared because the infonnation it would contain is given
in the above statement.
The statem¢nt offinancial activities includes all gains and losses recognised in the period.
All incom¢ and expenditure expended derive from continuing activities.
Th¢ notes fonn part of these financial statements.
10

EDUCARE M
COMPANY NUMBER: 3436147
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
FIXED ASSETS
Investments
106,108
93.706
CURRENT ASSETS
Debtors
Bank and cash balances
10
35,810
200,778
21,972
150,518
236,588
172,490
LF.SS: CURRENT LIABILITIES
Creditors.. amounts falling due within
one within one year..
(34,347)
(38,334)
NET CURRENT ASSETS
202.241
134,156
NET ASSETS
£308J49
£227,862
Represented by..
FUNDS:
Unrestricted
Restricted
308,349
219,862
8,000
12
£308,349
£227,862
The notes forni part of th¢se financial statements.
For the year ended 31 March 2024 Ihe company was entitled to exemption from audit under section 477 of the Companies
Act 2006 relatingy to small companies.
Directors, responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with
section 476,
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting
record5 and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small
companies, regime.
Approved by the Trustees on
23
.November 2024 and signed on their behalf by
Declan Linnane
Chair of Trustees

EDUCARE M
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from Operating Activities
Net cash outflow from operating activities
50,260
32,648
Invesling Aetivities
Purchase of inv¢stm¢nts
Change in cash and Cash equivalents in year
50,260
32,648
Cash and cash equivalents at l April 2023
150.518
117.870
Cash and cash equivalents at 31 March 2024
£200,778
£150,518
Notes to the Cash Floiv Statement
A. Reconciliation of net movement in funds to net cash flow from operstlng aclivities
2024
2023
Net movement in funds (as per the Statement of Financial Aetivities)
Adjustments for:
(Increase} in debiors
Increase/{decrease)lincrease in crcditors
Net gains/(losses) on investments
80,487
26,807
(13,838)
(3,987)
(12,402)
(1,764)
2,832
4,773
Nel Cash (used in) operating activities
50,260
32,648
B. Analysis of cash and cash equivalents
Cash at bank and in hand
£200,778
£150,518
12

EDUCARE M
ACCOUNTING POLICIES
FOR THE YEAR ENDED 31 MARCH 2024
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the
financial statements are as folluw5'.
Basis of preparation
These accounts have been prepared for the year ended 31 March 2024. Comparative inforniation is provided in respect of the
year ended 31 March 2023.
The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless
otherwise stated in the relevant accounting policies below or the notes to th¢se accounts.
They accounts have been prepared in accordance with Accounting and Reporting by Charilies.. Statement of Recommended
Practice applicable to charilies preparing their accounts in accordance with th¢ Financial Reporting Standard applicable in the
UK and R¢public of Ireland (FRS 102) {5econd edition effective January 2019) - (Charities SORP (FRS 102)), the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The charity/company constitutes a public b¢nefit entity as defined by FRS 102.
The accounts are presented in sterling and are rounded to the nearcst pound.
Critlcal accounting estimates and areas of judgement
Preparation of the accounts may require the Trustees to make significant judgements and estimates. There are no significant
ilems in the accounts where these judgements and estimates have had to be made.
Assessment of going coneern
The Trustees have assessed whether the use of the going Concern assumption is appro
Trustees have made th15 assessment In respect to a period of one year from the date o
riate in
approva
re aring ihese accounts. The
these accounts.
The Trustees of the charity have concluded Ihat there are no material uncertainties relatcd to events or conditions that may
cast siginificant doubt on the ability of the charity to continue as a going concern. The Trustees are of the opinion ihat the
charity will have sufficient resources to meet its liabilities as they fall due. Any significant areas of judgement that affect
items in the accounts are detailed above. With regard to the next accounting period, the year ending 31 March 2024, the
TNstees consider that there are no significant areas that affect the carrying value of the a5scls held by the charity.
Income
Income is recognised when the charity has entitlernent to the funds, any perforniance conditions attached to the item(s) of
income have been met, it 15 probable that the income will be received and the amount can be measured reliably.
Income from grants is recognised when the charity has entitlement to the funds. any perforniance conditions attached to the
grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not
d¢ferred.
ncome received in advance of a Conference or the provision of another specified service is deferred unlil the criteria for
income recognition are mel.
In accordance with the Charities SORP FRS102, volunteer time is not recognised.
Interest on funds held on deposit is included when receivable and the amount can bc measured reliably by the charity. this is
nornially upon notification of the interest paid or payable by the bank.
Income is slated net of subsidies granted to users of the charity'5 services. An estimated value of the subsidies so given is
shown by way of note as a deduction from income.
13

EDUCARE M
ACCOUNTING POLICIES
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure
Expenditure is recogniqed once there is a legal or constructive obligation to make a payment to a third paty, it is probable
that settl¢ment will be required and the amount of the obligation can bc measured reliably. Expenditure is classified under the
following activity headings-
Costs of raising funds comprise the costs associated with attracting income and ihe costs of trading for fundraising
purposes
Expenditure on charitable activities includes the costs of providing consultancy services, running retreats and cours¢s
and other educational activities undertaken to further the purposes of the charity and their associated support costs.
Other expenditure represents those items not falling into any other heading.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurycd.
Allocation of support costs
Support Costs represent indirect charitable expenditure in connection with those functions that assist the work of the charity
but do not directly relate to a charitable activity. Support costs include general office costs, depreciation and other costs which
do not relate to specific programmes and activities of the charity.
Governance costs cornprise the costs involving th¢ public accountability of the charity (including independent examination
costs) and costs in respect to its compliance with regulation and good practice.
Support and governance costs hav¢ been allocated entirely to expenditure on charitable activities.
Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of charity.
Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or
for sp¢cific projects being undertaken by the charity.
Investments
Investments include listed investments shown in the Balance Sheet at market value. Net gains and losses on the Statement of
Financial Activities represent realised and unrealised gains on investments.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued
at the amount prepaid net of any trade discounts due.
Cash ot bank and in hand
Cash at bank and cash in hand includes cash and short terni highly liquid investments with a short maturity of three months
or less from th¢ date of acquisition or opening of the deposit or similar account.
Creditor5 and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will
probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliably. Creditors and provisions are nomally reco8nised at their settlement amount after allowing for any trade
discounts due.
14

EDUCARE M
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
GRANTS AND DOIYATIONS
Total
2024
Total
2023
Unrestricted
Restricted
Donations
15,024
£15.024
Year ended 31 March 2023
Donations
£15.024
£15,024
INVESTMENT INCOME
Total
2024
Total
2023
Unrestricted
Restricted
Bank Interest
£985
£985
£289
Bank Interest 2023
£289
£289
INCOME FROM CHARITABLE ACTIVITIES
Total
2024
Total
2023
Unrestrieled
Restrleted
Consultancy fees
Conferences
School Improvemenl
Curriculum Development
National Retreat fees
National School of Formation (NSF)
23,226
2,918
8,202
34,093
35,285
135,624
23,226
2,918
8.202
34,093
35,285
135,624
24.028
3,484
40
32,351
37.037
113,079
£239,348
£239,348
£210,019
Total
2023
Unrestrieted
Restricted
Consultancy fees
Conferences
24,028
3,484
40
32,351
37,037
113,079
24,028
3,484
40
32,351
37,037
13,079
Curriculum Development
National Retreat fees
National School of Forniation (NSF)
£210,019
£210,019

EDUCARE M
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 MARCH 2024
EXPENDITURE ON CHARITABLE ACTIVITIES
Unrestricled
Total
2024
Total
2023
Restricted
Charitable aetivities
Direct costs
Consultants, fees and exp¢nseS
National Retreat
National School of Fomiation {NSF)
Conferences
Curriculum Development
34,800
32.805
83,804
34,800
32,805
83,804
34,800
30,007
102,852
5,293
156
257
257
151,666
151,666
173,108
Support Costs
Office support, printing, postage
Travel and subsistence
Insurance
Other cost5
5.805
1,718
2,425
164
8.000
13.805
1,718
2,425
164
13.170
3.051
2,002
231
10.112
8,000
18,112
18,454
Governance costs (Including Independ¢nt
Examination fees)
2,470
2,470
2.190
£164,248
£8,000
£172,248
£193,752
Total
2023
Year ended 31 March 2023
Unrestrieted
Restricted
Charitablt activitles
Direct costs
Consuliants, fees and expenses
National Relreat
National School of Fonnation (NSF)
Conferences
Curriculum Developmeni
34,800
30,007
102,852
5,293
156
34,800
30,007
102,852
5,293
156
173,108
173,108
Support Costs
Office support, printing, postage
Travel and subsistence
Insurance
Other costs
13,170
3,051
2,002
231
13.170
3,051
2.002
231
18,454
18,454
Governance costs (Including Independent
Examination fee5)
2,190
2,190
£193,752
£193,752
16

EDUCARE M
NOTES TO THE FINANCIAL STATEMENTS (eontinued)
FOR THE YEAR ENDED 31 MARCH 2024
NET INCOMEIEXPENDITURE FOR THE YEAR
2024
2023
This is staled after charging:
Independent Examinevs remuneration
Examination
Accountancy services
1,050
1,260
990
1,200
£2,310
£2,190
Th¢ rharity does not have any employees. its functions are perfornied by independent consultants and on a voluntary basts.
TRUSTEES, EXPENSES & REMUNERATION AND TRANSACTIONS WITH TRUSTEES
During the year, no trustees (2023: none) were reimbursed expenses (2023.. £nil). No other payments or transactions
occurred with trustees during the year.
TAXATION
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 256
of th¢ T￿atIOn of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
LIABILITY OF MEMBERS
The charity is constituted as a company limited by guarantee and has no share capital. The liability of each member
is limited to the sum of £ I per rnember.
INVESTMENTS
2024
2023
Market value at l April 2023
Additions
Disposa15
Nel gains/{losses)
93,706
98,479
12,402
(4,773)
Markei value at 31 March 2024
£106,108
£93,706
Historical cost at 31 March
£95.000
£95,000
All investment5 are held in the United Kingdom and are valued at bid price. The investments are under the
management of CCLA Fund Manager5.
10. DEBTORS
2024
2023
Trade Debtors
Prepayments and accrued income
33,676
2.134
19,852
2,120
£35,810
£21,972

EDUCARE M
NOTES TO THE FINANCIAL STATEMENTS (eontinued)
FOR THE YEAR ENDED 31 MARCH 2024
CREDITORS: amounts falling due within one year
2024
2023
Accrued expenses
Deferred income - deposits held for future conferences
8.393
25,954
7,004
31,330
£34,347
£38,334
12. RESTRICTED FUNDS
Balance
At l April
2023
Balance
At31
March
2024
Income
Expenditure
Current Year
Building the Kingdorn Fund
8,000
(8,000)
Building the Kingdom Fund
Monies were donated to support the work of the charity in its Building the Kingdom curriculum design project for
schools, The project continued its development during the year, to which the restricted fund was fully applied in the
year.
Balanee
At l April
2022
Balance
At 31March
2023
Income
Expenditure
Prior Year
Building the Kingdom Fund
8,000
8,000
18

EDUCARE M
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 MARCH 2024
13.
PRIOR YEAR {2023) STATEMENT OF FINANCIAL ACTIVITIES
Total
2023
Unrestricted
Restrieted
INCOME from
Grants and Donations
Investment income
15,024
289
15,024
289
Charitable 8ctivities
210,019
210,019
Tolal Ineome
225,332
225,332
EXPENDITURE on
Charitable activities
Other
193,752
193,752
Total Expenditure
193,752
193,752
Net
incomel(exp¢nditure) before
gainsl(losses)
inv¢5tment
31,580
31,580
Nel {losses)Igains on investments
(4,773)
(4.773)
Net movement in fund$
26,807
26,807
AceumulAted Funds
Brought forward at Start of year
193,055
8,000
201,055
Carried forward ot end of year
£219,862
£8,000
£227,862