2021-08-31-accounts

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

ANNUAL REPORT AND FINANCIAL STATEMENTS

31 AUGUST 2021

Company number: 04192501 Charity number: 1086990

CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Mr Stephen Botham Ms Sarah Lane Cawte (resigned 25[th] June 2021) Mrs Jane Chipperton Mrs Carole Gallant Mrs Pamela Draycott (Chair) (appointed Chair 15[th] October 2020) Mrs Julia Grove Mrs Lynda Maddock (appointed 15th October 2020) Mr Philip Leivers (resigned as Chair 15[th] October 2020) Ms Susan Leslie Mr Norman Richardson Mrs Suzanne Wilson-Higgins

Secretary Charity Number Company Number Principal Address Websites Auditors Bankers Solicitors

Ms Zoë Keens 1086990 04192501 5/6 Imperial Court 12 Sovereign Road Birmingham B30 3FH www.christianeducation.org.uk www.retoday.org.uk www.natre.org.uk www.ibraglobal.org We also work closely with: www.rootsontheweb.com Cooper Parry Group Limited Sky View Argosy Road East Midlands Airport Castle Donington Derby DE74 2SA Lloyds Bank plc 43 Irongate Derby DE1 3FT Pothecary Witham Weld 70 St Georges Square London SW1V 3RD Veale Wasborough Vizards Barnards Inn 86 Fetter Lane London EC4A 1AD Anthony Collins Solicitors LLP 134 Edmund Street Birmingham B3 2ES

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

CONTENTS

	Page
	1 - 13
Independent Auditor s Report	14 - 16
Statement of Financial Activities	17
Summary Income and Expenditure Account	18
Balance Sheet	19
Statement of Cash Flows	20
Notes to the accounts	21 - 37

CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

Year ended 31 August 2021

The members of the Board of Trustees present their report together with the financial statements of Christian Education Movement for the year ended 31 August 2021. The report has been prepared in accordance with Part 8 of the Charities Act 1993 and constitutes a directors' report for the purposes of company legislation.

The financial statements have been prepared in accordance with the accounting policies set out on pages 21 to 22 of the attached financial statements and comply with the charitable company's memorandum and articles of association, applicable laws and the requirements of the Statement of Recommended Practice on "Accounting and Reporting by Charities" (FRS 102) issued in 2019.

Structure, governance and management

Christian Education (CE), as the charity is generally known, is a company limited by guarantee (Company Registration No. 04192501 England and Wales) with the formal title of Christian Education Movement. It was incorporated on 2 April 2001 and was registered as a charity on 12 June 2001 (Charity Registration No. 1086990). In the event of the charity being wound up Trustees are required to contribute an amount not exceeding £1.

The conduct of its work is governed by a Memorandum and Articles of Association. The charity brings together different traditions of service, one dating from 1803 when the National Sunday School Union was founded, IBRA which was founded in 1882 and another, which comes via the Student Christian Movement in Schools, from 1892.

The Trustees, who are also the directors for the purpose of company law, who served during the year and up to the date of this report were:

Mr Stephen Botham Ms Sarah Lane Cawte (resigned 25[th] June 2021) Mrs Jane Chipperton Mrs Pamela Draycott (Chair) appointed as Chair on 15[th] October 2020) Mrs Carole Gallant (Treasurer) Mrs Julia Grove Mrs Lynda Maddock (appointed 15[th] October 2020) Mr Philip Leivers (resigned as Chair on 15[th] October 2020) Ms Susan Leslie Mr Norman Richardson Mrs Suzanne Wilson-Higgins

The Board of Trustees are directors of the charitable company for the purposes of company legislation and Trustees for the purposes of charity legislation. The Board appoints the Chair, Vice-Chair (vacant position) and Treasurer of Christian Education.

The Board is ultimately responsible for the charity and meets on a regular basis (four times in 2020-21, one of these a residential meeting but due to COVID all meetings have been virtual) to review developments and make decisions including approving the Annual Plan with its budget. The Board has appointed the Chair and Treasurer as the Business Planning Group (BPG) to work on a 'between meetings' basis with the Chief Executive. Additionally, there is a Finance Committee - sub-committee and other working groups, in many of which individual Trustees play an active part. The charity sponsors the daily operation of the National Association of Teachers of Religious Education (NATRE) which is separately constituted and led by its own elected Executive.

The Chief Executive is responsible for the day-to-day management of the charity and its work and reports to the Board on a formal basis at meetings, as well as informally in between meetings. All members of staff, some of whom are based in the charity's offices in Kings Norton, Birmingham, and some of whom work remotely from their own homes, are accountable to the Chief Executive.

The Business Planning Group takes responsibility for processing nominations of Trustees. The charity advertises opportunities for voluntary service on committees and the Board in its publications and websites from time to time and makes personal approaches on recommendation. Candidates for service are considered from amongst those working with the charity in other capacities, those whom Trustees and staff encounter in their engagements with the Religious Education, Christian publishing communities and those responding to our recruitment notices.

Trustees are often co-opted to the Board initially and after formal agreement, new Trustees are given an Induction Pack outlining charity policy, strategy and working practices, and each makes a declaration of their eligibility to serve under current legislation. This set of guidance notes for all Trustees is updated periodically as new statements of policy etc. are agreed by the Board.

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(A company limited by guarantee)

CHRISTIAN EDUCATION MOVEMENT

Year ended 31 August 2021

Working Relationships

Throughout the period the charity has had a close working relationship with several organisations including:

Culham St Gabriel's (CSTG)

RE Today and NATRE have been identified as key suppliers by CSTG and the team work actively to establish ways in which to strengthen and support the whole of the RE community.

ROOTS for Churches

Executive serves as a Director of ROOTS for Churches Limited. Every two months ROOTS publish two magazines: one for leaders of activities for children and young people, the other for worship leaders

Religious Education Council

Christian Education and NATRE are individually members of the Religious Education Council in England and Wales (REC). This is the coalition of professional and faith bodies, RE agencies, Trusts and Foundations with an interest in Religious Education. Every few years one of the Department for Education ministers addresses the Council, which meets at least twice a year.

RE Policy Unit

RE Today, NATRE and REC work in partnership as the RE Policy Unit. We work together to promote the value of religious education, to ensure that its importance is recognised by all schools, policy makers and the media.

Council for Subject Associations CfSA

NATRE is a member of the CfSA and is represented by Zoë Keens as a Board member, and Fiona Moss (CEO NATRE). CfSA is an umbrella organisation, independent of Government, which represents subject associations. Members of the CfSA benefit from the power of a unified voice, representing Subject Associations in informing educators, policy makers and media about research and professional practice informed approaches to the curriculum, pedagogy, teacher training and professional development.

Risk management

The Trustees have a Risk Policy which is reviewed annually in January and the Risk Register which is reviewed on a continual basis to assess the major risks to which the charity is exposed. These relate to five key areas: Governance and Management, Operational, Financial, Environmental external / internal and Compliance.

The Trustees believe that by monitoring reserve levels, by ensuring controls exist over key financial systems, and by examining the governance, operational and business risks faced by the charity effective systems have been put in place to mitigate the risks.

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CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

Year ended 31 August 2021

Objectives and aims

The Object of the charity is to advance education by promoting lifelong learning in religion and faith for all, as a positive contribution to the wellbeing of society.

The Trustees confirm that they have looked at Charity Commission guidance when setting the Objectives for the charity. The Trustee Board has considered the general guidance on public benefit and to its supplementary guidance on:

"The advancement of education; the advancement of religion; the advancement of human rights, conflict resolution or reconciliation of the promotion of religious or racial harmony or

Christian Education serves a wide range of people, individuals in their personal faith and those working in education. CE / RE Today provides support, training, research, and curriculum development. In turn our clients, customers and partners contribute ideas and support to the breadth of the work undertaken by CE.

In its work with Religious Education in schools, the charity is committed to an equally representative, ecumenical, and multi-faith / non-religious worldviews approach. The flagship service for those working in the field of Religious Education in schools is the termly magazine REtoday , the termly curriculum books for primary and secondary teachers these publications are the foundation that all NATRE membership packages are built on. CE / RE Today work collaboratively with NATRE to support all RE practitioners.

Our core purpose as an organisation is to be a platform and foundation for equipping, supporting, and resourcing human flourishing across the globe through the development and provision of first-class Religious Education services, materials, guidance, and leadership.

RE Today Services

A team of five RE Advisers focus their work on the professional development of teachers and are commissioned to advise schools, local authorities, SACREs, dioceses and others. The Advisers are all writers and editors for the charity's RE publications programme, enabling the maximisation of small resources for the benefit of a large percentage of the school population.

During 2020-21 RE Today and NATRE have continued working collaboratively with the REC with the independently funded RE Policy Unit. It has been deemed a significant success with the breadth of project work that has included multiple media initiatives and approaches to government and the DfE. Other Trustees and staff serve on the governance of the REC.

NATRE

The charity sponsors the subject teachers' association, the National Association of Teachers of Religious Education (NATRE), providing management services of administration, membership management alongside sales and marketing.

NATRE is a separately constituted organisation that runs autonomously with support provided by working in partnership with CE and RE Today Services. CE works collaboratively with and takes direction from the NATRE steering group to achieve the agreed aims. This is a mutually beneficial partnership that facilitates and enables teachers to have access to excellent knowledge and high-quality resources and advice.

NATRE supports a programme of projects, led by their steering group and executive and with professional service provision by RE Today. NATRE is consulted by the Department for Education, Ofsted, and other agencies, so that they can hear the voice of teachers of RE. NATRE is a member of the Council for Subject Associations (CfSA).

British Journal of Religious Education (BJRE)

CE wholly owns and publishes original research papers in the British Journal of Religious Education (BJRE) published under contract by the academic journal specialist Taylor & Francis. BJRE publishes original research papers in print and digitally.

The Editorial Board meets annually but is active throughout the year developing opportunities to further the reach and therefore oard, with a membership of Academics from Universities from across the world.

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CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

Year ended 31 August 2021

Christian Education

CE supports spiritual and faith development undertaken in the Christian community, especially through the provision of IBRA Bible

CE is a member of Churches Together in Britain and Ireland (CTBI). Christian Education is a Body in Association with CTBI, Churches Together in England (CTE) and Action by Churches Together in Scotland (ACTS).

International Bible Reading Association (IBRA)

This work has progressed with the single annual publication 1 (FFTW) which has sold consistently against 2020 figures. David Painting is the new editor, and the 2021 IBRA Book is his first; the foreword was written by Rev Ash Barker.

Our UK readers have donated to our IBRA International Fund which assists international partner organisations in making versions of our Bible reading notes available in Africa, India, and the Pacific. IBRA has received legacies in this financial year.

The IBRA website provides accessibility to the daily readings within and encourage readers / visitors to engage with our international community, supported by daily updates on the Facebook pages and Twitter account.

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CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

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Year ended 31 August 2021

Achievements and performance

The following agreed objectives have been continued in 2020-21

• A. To develop best practice in teaching and learning in Religious Education in schools by the provision of pioneering support services and consultancy

• B. To become more visible in the field as the RE services provider, including the sponsorship and business development of the National Association of Teachers of Religious Education

• C. To encourage Christians to explore and articulate their own beliefs and values

• D. To build partnerships with other agencies engaged in the spiritual, moral, social, and cultural dimensions of education and learning, including with those working in higher education

• E. To monitor expenditure ensuring cost effectiveness, to maintain income levels in our various business streams and grow new income streams through strategic business development, that will be mutually beneficial to the organisation and community it serves. This will be achieved through the appropriate investment in training, systems, operations, and communications.

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CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

Year ended 31 August 2021

A. To develop best practice in teaching and learning in Religious Education in schools by the provision of pioneering support services

Our remarkable team of schools RE Advisers, Lat Blaylock, Stephen Pett, Fiona Moss, Angela Hill, and Julia Diamond-Conway have continued to work with tremendous dedication and commitment to engage and fulfil unique development and project work. In April 2021 we expanded the Adviser team and recruited Adam Robertson who joined the team. Working with Chelsey Miller Brown, they have continued to work incredibly hard to meet the needs of schools and home-schooling parents to support the continuation of pupils teaching and learning by changing resources from being teacher focused to pupil focused.

RE Today has had to rapidly change focus to develop new concepts for teaching alongside products to support all our clients, members, and all schools to help children and young people to continue their education.

y

to support leaders and teachers also provides a breadth of Schemes of Work to further help teachers. This product continues to fit both requirement and budgets.

The web shops serving RE Today subscribers and NATRE members continue to support the teachers enabling them to access different high-quality products, provided by RE Today and other agencies.

Publications

Our curriculum series Inspiring RE (Primary) and Explaining Religion and Belief (Secondary) continue to sell well and the final books in the three year series. The team continue to work exceptionally hard to produce all our publications including REtoday magazine.

The REtoday Library was launched late in 2020 providing online, digital access to the full back catalogue of over 1000 searchable, indexed articles, resources, and activities. Each new edition of REt articles are added in line with the distribution date of the magazine.

Understanding Christianity (UC)

Matter. The roll out of the training to teach Understanding Christianity in schools has been highly successful and this is now being taught in over 7,700 schools, and the roll-out to all community schools has gained traction with all training being delivered online due to COVID guidelines. UC is being embedded in to the RE curriculum and the pedagogy fits with the movement to change the subject to focus on Religion and Worldviews therefore, we consider that this work will continue for the next 4 years and be a resource that will support teachers into the future.

Model Agreed Syllabus: refresh their Locally Agreed Syllabus but have restricted budgets. This continues to be a popular solution and the schools are keen to buy the suite of Schemes of Works that support the syllabus. RE Today have been able to support further through the organisation and management of launch conferences. RE Today now offers two versions of Model Agreed Syllabus (A and B) to provide clients with greater choice.

Courses and conferences

-day courses continue to attract teachers as a result of careful marketing. The team also deliver pupil conferences (primary and secondary), webinars for CPD purposes and support at diocesan and local authority conferences. Course evaluations continue to be excellent from both teachers and pupils at our events.

All courses during 2020-21 were delivered online through Zoom accounts.

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CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

Year ended 31 August 2021

B. To become more visible in the field as a RE services provider, including working in partnership with the National Association of Teachers of Religious Education (NATRE)

The National Association of Teachers of RE is a highly engaged group of teachers including several who, as well as teaching in the classroom and being active within NATRE, are also undertaking higher level study. Katie Freeman was elected Chair of NATRE in March 2021 for a three year term.

The benefit led NATRE membership has been designed to support teachers at every level of their career and continues to grow with retention levels and member sales increasing. This takes unique team working with NATRE and RE Today / CE and there is excellent collaborative work too that benefits Head teachers, RE Advisers, subject leaders, and teachers, those who are qualified and unqualified in the classroom.

NATRE Spirited Arts competition is in its 19th year and the competition to date has attracted over 500,000 participants since 2004. This year we received we received a staggering increase in entries, with 42,500 children involved. Entries came from pupils aged 3-19 years old, Early Years Foundation Stage (EYFS) and Special Education Needs and Disabilities (SEND). We received artwork, sculpture, poetry, film and music compositions and, as always, it was a privilege and a challenge with some entries from as far a-field as Australia, Bahrain and Thailand.

This year we collaborated with the ted and have far more in common than that

.

New2RE - A NATRE initiative continues to support newly qualified secondary RE teachers enabling them to gain from being personally mentored by an experienced RE teacher/leader. A key aim is to enable teachers to develop their own strategies for teaching RE and support them at the start of their careers and has been designed to help them deepen their subject knowledge -year early career development programme has been made possible through funding from Jerusalem Trust, Sarum St Michael and All Saints Educational Trust.

During 2020-21 we took the time to consider changing the programme to benefit many more Early Careers teacher, taking into account the Early Careers Framework (ECF) and have undertaken some research and development into the best way to support Early Career Teachers, and how RE Today and NATRE can support schools ECT leads.

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CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

Year ended 31 August 2021

C. To encourage Christians to explore and articulate their own beliefs and values.

IBRA

During 2020-21 over 3,800 of FfTW 2021 (Fresh from The Word) copies were printed in English and were also translated in to 13 languages by our 13 IBRA international partners and distributed around the world this work impacts over 32 countries.

Over 3,200 copies of FfTW 2021 were sold in the UK; it is encouraging to know that this title is of such personal benefit to our readers and partners, our thanks to David Painting and our team of over 50 international writers, the readings committee, and the steering committee.

The annual Bible reading notes are published under the Monarch imprint, achieving an annual surplus.

Fresh from The Word 2021 was distributed in American Samoa, Western Samoa, and Tokelau. IBRA materials circulate in Cameroon, the Congo, Fiji, Ghana, India, Nigeria, Portugal, and South Africa mostly translated into a local language.

The historical ethos of the IBRA continues in that the UK readership donate to support our international readers and £27,104 was defrayed in grants to cover translation, printing, and distribution costs in eight countries. To ensure that as many partners benefit no grant application is fully funded. The full 100% of donations are distributed.

ROOTS for Churches

There are over 14,000 regular users that take printed copies of one or both bi-monthly ROOTS magazines. These provide preparation and training for leaders in adult and all age worship services as well as those working with children and young people. The materials pick up themes from the lectionary readings for the Sunday and are widely used in Anglican, Methodist and Reform church communities. The print offer is reflected in the extensive resources through the website. The printed copies exceed 9,000 users, but there are approximately 12,500 active website users.

CE is one of the seven ecumenical partners behind the ROOTS project. It is a separately registered charity directed by Rosemary Nixon. Sample material is available on the website www.ROOTSontheweb.com. The back catalogue of worship resources is also available on the website to subscribers via a password.

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CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

Year ended 31 August 2021

D. To build partnerships with other agencies engaged in the spiritual, moral, social, and cultural dimensions of education and learning, including with those working in higher education

British Journal of Religious Education (BJRE)

There is a public benefit in CE building partnership with higher education and other bodies engaged in the spiritual, moral, social, and cultural dimensions of education and learning, taking forward the best of pedagogical thinking.

The editorial team is Editor - - Dr Yonah Matemba, University of the West of Scotland and Assistant Editor Dr David Lundie, University of Glasgow started. The Editorial Board meets annually but is active nd . Editor Geoff Teece stepped down in June 2021 and has been ably replaced by Janet Orchard and Linda Whitworth.

E. To monitor expenditure ensuring cost effectiveness, to maintain income levels in our various business streams and grow new income streams, including by appropriate investment in training, systems, and operations

Finances have been carefully managed during the uncertainty of the year which has seen a decrease in expenditure through not being able to conduct in person training, savings on venue hire and expenses.

The systems that have been invested in the previous financial year, have also proved invaluable in quickly following government guidelines and closing the offices, and equipping the team to work remotely but still provide a seamless service to our customers.

During lock-down a new product was developed subscription but built to house the content of all RE Today magazines dating back to 2015, with a fully searchable indexed site which can be translated into 10+ languages. Launched in November 2020.

Intellectual Property Work with VWV (Veale Wasbrough Vizards) on a project by project, case by case requirement to ensure that we are protecting CE / RE

People

Talitha Chauhan joined the team on 24[th] February 2021 as Marketing Officer taking over from Mandeep Shekhon Singh who resigned on 2[nd] February 2021. Linzey Tolan joined the team in a new role Grants & Programme Officer on 15[th] April 2021 following a successful temp to perm contract. Adam Robertson joined the team as RE Adviser on 7[th] June 2021. They have all become popular and valued members of the team.

Mubina Khan-Daniels, Strategic Marketing Manager started maternity leave on 26[th] April 2021 and is due to return to work on 1[st] March 2022. Her replacement Jonathon Bright started work on 1[st] March 2021 on a 12 month fixed term maternity contract.

During this financial year the charity continued to use the Job Retention Scheme and carefully assessed financial needs against capacity and income generation on a month by month basis. There has been careful assessment to support the mental health and well-being, it has proved a challenging time with managing home working and isolation while protecting the team, and following government guidelines.

The team have worked closely and collaboratively during 2020-21 to secure and preserve the work of the charity, sharing their skills, talent and experience to keep the charity stable in the midst of the global pandemic.

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CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

Year ended 31 August 2021

Future Plans

COVID-19 Impact continuing throughout 2020-21 financial year - ongoing

The CEO and Senior Management Team, with the , continued to carefully assess the business management information to ascertain how COVID-19 was affecting

The team continued to work remotely depending on government guidelines and remained accountable and supportive of each other to ensure that we remained safe.

Internal Operations

Remote Working the team have continued methods of working internally, refining process, measuring impact, income and expenditure carefully to work.

External Service Delivery

External Service Delivery a challenge has been the ability to deliver contracts and commissioned work, and with the normalisation of online meetings via Teams and Zoom and other platforms, delivery has continued with careful management. It has provided additional flexibility to working and created an additional outlet to our schools, teachers and education delivery.

This additional delivery has become a key business development for the charity, with provision of CPD training be accessible for all teachers without the geographic limitations of face to face training. Clients including SACREs, MATs and teacher training providers have been early adopters of these products.

In the business planning for 2021-22 this is being built on with the advent of CEMist going live, and with a focus on supporting

Accounting policies - Going Concern

At the time of signing the accounts, the Trustees have considered the continuing effect of the Coronavirus on the going concern position, and consider that the charity will continue to operate for a period of at least 12 months from the date of signing these accounts. This is due to the level of funding already secured with key partners, the further development of the online learning provision and trading performance which exceeds budget in the period to 31[st] December 2021. The charity continues to hold significant cash reserves and utilised Government support where appropriate. Although the charity held negative unrestricted reserves as at the balance sheet date, the current business plan contains an expectation that these reserves will revert to a positive balance by 31[st] August 2024.

The business plan has been completely revised and was signed off by the Trustees in October 2021. This is a comprehensive working document and lays out the strategy, direction of travel and implementation for the next year but looking forward to 2026. The latest forecast to 31[st] August 2022 indicates that the charity will be able to operate within the facilities available to it over this time period. On that basis the Trustees have prepared these financial statements on a going concern basis.

Zoë Keens and the team have continued to work on each element of the business internally and externally; assessing the potential and continued to look for opportunities within each market that each area benefits.

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CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

Year ended 31 August 2021

Key strategic aims of each business strand:

RE Today Services:

bodies through consultancy, courses and excellent resources and the provision of resources to academies and academic trusts, all school types and supporting organisations.

NATRE: To be the best, most supportive, relevant and innovative subject association in the UK providing social networks, communities of understanding, resource provision, advice, guidance, sharing and understanding at affordable prices. IBRA: le in the UK through partnership working with SPCK, reduce all the costs, increase income and reaching new readers through their sales outlets. CE: Expand service provision and product base through partnership working and using excellent management systems. BJRE: To be the leading Academic journal for the study and research of Religious Education, increase further into international academic institutes.

Organisational Aims:

Significant work has continued during this year to fulfil the organisations aims focusing on four key areas:

1. Increase the engagement and commitment of the Board; auditing to ensure we have the right skills represented that reflect the work and business development of the charity

2. Increase coherent and consistent working approaches and streamlined processes effectively using IT Infrastructure to support staff capacity and work more efficiently. This will be impacted by the completion of the CEMist database, with the full implementation of the software to run the charity.

3. Increase team working, develop the skill and confidence in each team member to fulfil their role.

4. Continue to build the organisational structure to focus on business growth through each of the business strands increasing gross margin, through which the whole of the team is involved and can understand where and how their work fits in to the business development and income generation.

Business Premises Kings Norton

The five year rent review concluded in a contract renewal for the next five years. During the last 12 months the office has been open, and due to the space available we have been able to continue to work safely.

With only 50% capacity of team working in the office it was felt that as the pandemic subsides or is managed, that in time the charity will be office based again. Some members of staff will remain working from home; during the last year we have two additional members of office staff, and we have the capacity for them to work there.

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(A company limited by guarantee)

CHRISTIAN EDUCATION MOVEMENT

Year ended 31 August 2021

Financial review

Incoming resources for the year totalled £1,605,210. These were well distributed between the main income streams, Subscription and NATRE membership income totalled £290,581. Consultancy and related fees generated £164,730, Conferences and training generated £242,568 and income from sale of publications amounted to £267,995. Grants from Trusts amounted to £473,444. Claims under the Coronavirus Job Retention Scheme totalled £63,321.

Resources expended amounted to £1,502,706 in the year. Approximately 50% of this total (£815,875) related to staff costs whilst the balance of expenditure was split between printing of publications, mailings, conferences and other charitable activities.

The net incoming resources for the year after other recognised gains and losses and transfers between funds totals £201,364.

The balance sheet of the charity as at 31 August 2021 shows total funds of £1,017,711. These funds comprise unrestricted funds of £121,687, Restricted funds of £548,491 and endowment funds of £347,533.

Under the terms of a Charity Commission scheme dated 8 August 2002, CE is the trustee of certain endowment funds of the former National Christian Education Council (NCEC). These comprise monies for which the charity has responsibility in a trustee capacity. Income from the CEM New Endowment Fund is to be applied towards the making of small grants to young people from churches in membership of the charity towards residential courses, conferences and holidays. Income from the Christian Education Church Building Fund is to be applied for the general purposes of the charity. Details of the movements on the funds can be found in note 20 to the financial statements.

Restricted income funds comprise monies that have either been raised for, and their use restricted to, specific purposes, or they comprise donations subject to donor-imposed restrictions. Full details of the restricted income funds can be found in note 21 to the attached accounts together with an analysis of movements in the year.

Reserves policy

As it is clear from the foregoing that the charity carries out a wide variety of activities, some of which comprise short term and externally funded pieces of work whilst others comprise longer term commitments requiring significant and ongoing financial investment.

The Trustees have examined the requirement for free reserves i.e. those unrestricted funds not invested in tangible fixed assets, designated for specific purposes or otherwise committed. The Board of Trustees is of the opinion that, given the nature of the charity's work, free reserves should equate to between three- and six-months planned expenditure at any point in time (for the financial year 2021/22, this would range from £499,032 to £998,065). The members of the Board of Trustees believe that this level of reserves provides sufficient flexibility to cover temporary shortfalls in incoming resources due to timing differences in income flows, to furnish adequate working capital to cover core costs and will allow the charity to cope with and respond to unforeseen emergencies whilst specific action plans are implemented.

The current year has been challenging and overheads have been diverted from restricted to unrestricted activity to develop new methods of delivery and to respond to COVID. Because of this the free reserves as at 31[st] August 2021 have dropped below the target and were negative as at the balance sheet date. However, the current business plan contains an expectation that these reserves will revert to a positive balance by 31[st] August 2024. The Business Plan 2021-22 was rewritten to present a comprehensive overview of the charity, its work for the next financial year, but with a forward vision for the next 5 years to 2026. This was agreed by the Board and is being implemented proactively by the team.

Articles of Association

The Articles of Association reflect current charity law and reflect the current purposes and working practices of Christian Education Movement.

Investment Policy

The charity has a Reserves policy, Investment Policy and Ethical Investment Policy, all of which are reviewed annually by Trustees. The charity's investments at 31 August 2021 comprised cash deposits of £733 and listed investments with a market value of £678,412. The funds are placed with CCLA in cash deposits, the investment fund (income) and property fund (income).

Key Management Personnel Remuneration

The Board of Trustees delegate the day to day management to Zoë Keens the CEO. Her salary is benchmarked against similar positions within the sector and advice taken from recruitment consultants.

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CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

Year ended 31 August 2021

Statement of Trustees' responsibilities

The Trustees, who are also the directors of Christian Education Movement for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

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 (FRS 102);

• make judgments 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 statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

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

In so far as the Trustees are aware:

• there is

• the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the financial statements may differ from legislation in other jurisdictions.

AUDITORS

Cooper Parry Group Limited have expressed their willingness to continue in office and will be proposed for re-appointment at the Annual General Meeting.

Approved by the Trustees on 9[th] March 2022 and signed on their behalf by:

Mrs Pamela Draycott

Chair

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CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

S REPORT

TO THE MEMBERS OF CHRISTIAN EDUCATION MOVEMENT

Opinion

We have audited the financial statements of Christian Education Movement for the year ended 31 August 2021 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, Financial Reporting Standard applicable in the UK and Republic of (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

• 2021, and of its incoming resources

• and application of resources, including its income and expenditure for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

statements

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

financial statements and

our Auditor s report thereon. The Trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

• is consistent with the financial statements; and applicable legal requirements.

14

CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

S REPORT (continued)

TO THE MEMBERS OF CHRISTIAN EDUCATION MOVEMENT

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

• adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

• the financial statements are not in agreement with the accounting records and returns; or

• certain disclosures of Trustees

• we have not received all the information and explanations we require for our audit; or

• the Trustees were not entitled to prepare the financial statements in accordance with the small regime and

to prepare a strategic report.

Responsibilities of Trustees

As explained more fully in the Trustees trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud are detailed below:

Our assessment focused on key laws and regulations the charitable company has to comply with and areas of the financial statements we assessed as being more susceptible to misstatement. These key laws and regulations included but were not limited to compliance with the Companies Act 2006, Charities Act 2011, taxation legislation, data protection, anti-bribery, and employment legislation.

We are not responsible for preventing irregularities. Our approach to detecting irregularities included, but was not limited to, the following:

-obtaining an understanding of the legal and regulatory framework applicable to the charitable company and how the charitable company is complying with that framework, including agreement of financial statement disclosures to underlying documentation and other evidence;

-obtaining an understanding of the charitable company´s control environment and how the charitable company has applied relevant control procedures, through discussions with Trustees and other management and by performing walkthrough testing over key areas;

• -obtaining an understanding of the charitable company´s risk assessment process, including the risk of fraud;

-reviewing meeting minutes of those charged with governance throughout the year; and

-performing audit testing to address the risk of management override of controls, including testing journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias.

Whilst considering how our audit work addressed the detection of irregularities, we also considered the likelihood of detection based on our approach. Irregularities arising from fraud are inherently more difficult to detect than those arising from error.

15

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

S REPORT

TO THE MEMBERS OF CHRISTIAN EDUCATION MOVEMENT

responsibilities for the audit of the financial statements (continued)

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. The risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located at the Financial Reporting Council s ( FRC s ) website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor s report.

Use of our report

1. responsibi the opinions we have formed.

sume

Glen Bott FCA

Senior Statutory Auditor for and on behalf of:

Cooper Parry Group Limited

Chartered Accountants and Statutory Auditor Sky View, Argosy Road, East Midlands Airport, Castle Donington, Derby DE74 2SA

9[th] March 2022

16

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 AUGUST 2021

Unrestricted Restricted Endowment funds funds funds Notes £ £ £ Income and endowments from: Donations and legacies 2 20,489 12,099 - Investments 3 160 16,403 - Charitable activities 4 1,082,615 473,444 - _ _ _ Total income 1,103,264 501,946 - _ _ _ Expenditure on: Raising funds 30,194 - - Charitable activities Provision of opportunities for learning 1,138,258 334,254 - _ _ _ Total expenditure 5 1,168,452 334,254 - _ _ _ Other recognised gains and losses Gains on investment assets 14 98,860 - - _ _ _ Net income 33,672 167,692 - Transfer between funds 12 - - - _ __ _ Net movement in funds 33,672 167,692 - Fund balances at 1 September 2020 88,015 380,799 347,533 _ _ _ Fund balances at 31 August 2021 121,687 548,491 347,533	Unrestricted Restricted Endowment funds funds funds Notes £ £ £ Income and endowments from: Donations and legacies 2 20,489 12,099 - Investments 3 160 16,403 - Charitable activities 4 1,082,615 473,444 - _ _ _ Total income 1,103,264 501,946 - _ _ _ Expenditure on: Raising funds 30,194 - - Charitable activities Provision of opportunities for learning 1,138,258 334,254 - _ _ _ Total expenditure 5 1,168,452 334,254 - _ _ _ Other recognised gains and losses Gains on investment assets 14 98,860 - - _ _ _ Net income 33,672 167,692 - Transfer between funds 12 - - - _ __ _ Net movement in funds 33,672 167,692 - Fund balances at 1 September 2020 88,015 380,799 347,533 _ _ _ Fund balances at 31 August 2021 121,687 548,491 347,533	Unrestricted Restricted Endowment funds funds funds Notes £ £ £ Income and endowments from: Donations and legacies 2 20,489 12,099 - Investments 3 160 16,403 - Charitable activities 4 1,082,615 473,444 - _ _ _ Total income 1,103,264 501,946 - _ _ _ Expenditure on: Raising funds 30,194 - - Charitable activities Provision of opportunities for learning 1,138,258 334,254 - _ _ _ Total expenditure 5 1,168,452 334,254 - _ _ _ Other recognised gains and losses Gains on investment assets 14 98,860 - - _ _ _ Net income 33,672 167,692 - Transfer between funds 12 - - - _ __ _ Net movement in funds 33,672 167,692 - Fund balances at 1 September 2020 88,015 380,799 347,533 _ _ _ Fund balances at 31 August 2021 121,687 548,491 347,533	Unrestricted Restricted Endowment funds funds funds Notes £ £ £ Income and endowments from: Donations and legacies 2 20,489 12,099 - Investments 3 160 16,403 - Charitable activities 4 1,082,615 473,444 - _ _ _ Total income 1,103,264 501,946 - _ _ _ Expenditure on: Raising funds 30,194 - - Charitable activities Provision of opportunities for learning 1,138,258 334,254 - _ _ _ Total expenditure 5 1,168,452 334,254 - _ _ _ Other recognised gains and losses Gains on investment assets 14 98,860 - - _ _ _ Net income 33,672 167,692 - Transfer between funds 12 - - - _ __ _ Net movement in funds 33,672 167,692 - Fund balances at 1 September 2020 88,015 380,799 347,533 _ _ _ Fund balances at 31 August 2021 121,687 548,491 347,533	Total 2021 £ 32,588 16,563 1,556,059 _ 1,605,210 _ 30,194 1,472,512 _ 1,502,706 _ 98,860 _ 201,364 - _ 201,364	Total 2020 £ 13,626 14,823 1,490,440 _ 1,518,889 _ 30,810 1,463,558 _ 1,494,368 _ 14,028 _ 38,549 - _ 38,549 777,798 __ 816,347
	88,015 _ 121,687	380,799 _ 548,491	347,533 _ 347,533	816,347 _ _ 1,017,711

All income and expenditure relates to continuing activities and represents all gains and losses recognised during the year. All of the activities of the charitable company are classified as continuing.

The notes on pages 21 to 37 form part of these financial statements.

17

CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

SUMMARY INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2021

	2021	2020
	£	£
Income	1,588,647	1,504,066
Expenditure	(1,502,706)	(1,494,368)
	_	_
Net operating surplus	85,941	9,698
Investment income	16,563	14,823
	_	_
Net surplus for the year	102,504	24,521

The notes on pages 21 to 37 form part of these financial statements.

18

CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

BALANCE SHEET

FOR THE YEAR ENDED 31 AUGUST 2021

Registration Number 04192501

Notes £ Fixed assets Intangible assets 13a Tangible assets 13b Investments 14 Current assets Stocks 15 117,029 Debtors: Amounts falling due within one year 16 82,870 Debtors: Amounts falling due after one year 16 12,012 Cash at bank and in hand 301,243 _ 513,154 Creditors: amounts falling due within one year 17 (399,889) _ Net current assets Creditors: amounts falling due after more than one year 17 Net Assets Capital funds Endowment funds 20 Income funds Restricted funds 21 Unrestricted funds: Designated funds 22 General funds 22

2021 2020 £ £ £ 212,448 66,045 50,353 61,229 679,145 464,819 _ ___ 941,946 592,093 150,717 89,550 24,025 298,796 _ 563,088 (288,834) _ 113,265 274,254 (37,500) (50,000) _ ___ 1,017,711 816,347 347,533 347,533 548,491 380,799 262,801 127,274 (141,114) (39,259) _ ___ 1,017,711 816,347

The notes on pages 21 to 37 form part of these financial statements.

These financial statements were approved by the Board of Trustees on the 9[th] March 2022 and are signed on their behalf by:

Mrs Pamela Draycott Chair

19

(A company limited by guarantee)

CHRISTIAN EDUCATION MOVEMENT

STATEMENT OF CASH FLOWS

AS AT 31 AUGUST 2021

Cash flows from operating activities Net movement in funds Interest received Decrease / (increase) in stock Decrease in debtors Increase / (decrease) in creditors Depreciation Net cash flow from / (used in) operating activities Cash flows from investing activities Interest received Purchase of fixed assets Loss on disposal of fixed assets Purchase of investments Proceeds from sale of investments Gains on investment assets Net cash flow from investing activities Cash flows from financing activities Bank Loan received Bank Loan repaid Net cash flow from financing activities Net increase in cash and cash equivalents Cash and cash equivalents at 1 September 2020 Cash and cash equivalents at 31 August 2021 Cash and cash equivalents consist of: Cash at bank and in hand Cash and Cash equivalents at 31 August 2021	2021 £ 201,364 (16,563) 33,688 18,693 101,055 14,574 352,811 16,563 (150,101) - (115,466) - (98,860) (347,864) - (2,500) (2,500) 2,447 298,796 301,243 2021 £ 301,243 301,243	2020 £ 38,549 (14,823) (14,723) 31,763 (6,982) 19,268
		53,052
		14,823 (34,175) 398 (209,535) 245,535 (14,028)
		3,018
		50,000 -
		50,000
		106,070 192,726 298,796 2020 £ 298,796
		298,796

20

CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2021

1 Accounting policies

1.1 Accounting convention

Christian Education Movement is a registered company limited by guarantee with registered charity status, in the United Kingdom. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information page of these financial statements.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity.

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

1.2 Income recognition

Incoming resources are recognised in the period in which the charity is entitled to receipt and the amount can be measured with reasonable certainty. Income is deferred only when the charity has to fulfil conditions before becoming entitled to it or where the donor or funder has specified that the income is to be expended in a future accounting period.

Grants from government and other agencies have been included as income from charitable activities where these amount to a contract for services or where they are given towards the furtherance of specific activities, but as donations where the funds are given in response to an appeal or with the greater freedom of use, for example monies for core funding.

Legacies are included in the statement of financial activities when the charity is advised by the personal representatives of an estate that payment will be made or property transferred and the amount involved can be quantified.

1.3 Expenditure recognition

Expenditure is included in the statement of financial activities when incurred and includes any attributable VAT which cannot be recovered. Resources expended comprise the following:

• The cost of generating funds represents staff costs incurred in generating grants and donated income.

• The costs of charitable activities comprise expenditure on providing opportunities for learning about the Christian faith particularly to children and young people and those engaged in their development. The costs include the direct and the indirect (or support) costs associated with these activities.

• Support costs represent indirect charitable expenditure. In order to carry out the primary purpose of the charity it is necessary to provide support in the form of personnel development, financial procedures, provision of office services and equipment and a suitable working environment. The support costs are allocated wholly to charitable activities.

• Governance costs comprise the costs which are directly attributable to the governance of the charity and the necessary legal procedures for compliance with statutory requirements.

1.4 Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Freehold buildings 2% on a straight line basis Office equipment 33% on a straight line basis Fixtures and fittings 10% on a straight line basis

All tangible fixed assets costing more than £500 and with an expected useful life exceeding one year are capitalised.

1.5 Leasing and hire purchase commitments

Rentals payable under operating leases are charged against income on a straight-line basis over the period of the lease

.

1.6 Investments

Listed investments are included in the financial statements at their market value as at the balance sheet date. Realised and unrealised gains (or losses) are credited (or debited) to the statement of financial activities in the year in which they arise.

21

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

1.7 Stock and work in progress

Stocks consist of publications and are valued at the lower of cost and net realisable value with provision being made for any obsolete or damaged goods, and regular review of stock items to ensure that holding cost is in line with this policy. The Board regularly reviews its policy on the write-down of stock.

1.8 Pensions

contributions based on a fixed proportion of pensionable salary. The attributable pension costs included in the financial statements represent the contributions payable to such schemes in respect of the accounting period.

Retirement benefits to some of the employees of the Charity are provided by the Teachers' Pension Scheme ("TPS"). This is a defined benefit scheme.

working lives with the Charity in such a way that the pension cost is a substantially level percentage of current and future pensionable payroll. The contributions are determined by the Government Actuary on the basis of quadrennial valuations using a prospective unit credit method. TPS is an unfunded multi-employer scheme with no underlying assets to assign between employers. Consequently, the TPS is treated as a defined contribution scheme for accounting purposes and the contributions recognised in the period to which they relate.

1.9 Funds

General funds represent those monies which are freely available for application towards achieving any charitable purpose that falls within

Special trust funds comprise monies for which the charity has responsibility in trustee capacity. Income from the CEM New Endowment Fund is credited to restricted income funds and applied towards the making of small grants to young people from churches in membership of the charity towards residential courses, conferences and holidays. Income from the Christian Education Church Building Fund is credited to general funds and applied for the general purposes of the charity.

Restricted funds comprise monies raised for, or their use restricted to a specific purpose, or contributions subject to donor imposed conditions.

Designated funds comprise monies set aside by the Board of Trustees out of unrestricted general funds for specific purposes or projects.

1.10 Intangible fixed assets and amortisation

Intangible fixed assets are stated at cost less amortisation. Amortisation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Software 20% on a straight line basis

All intangible fixed assets costing more than £500 and with an expected useful life exceeding one year are capitalised.

1.11 Financial Instruments

The Charity only holds basic financial instruments as defined in FRS 102. The financial assets and financial liabilities of the Charity and their measurement bases are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost as detailed in note 16. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at face value. Listed investments are included in the financial statements at their market value as at the balance sheet date. Realised and unrealised gains (or losses) are credited (or debited) to the statement of financial activities in the year in which they arise.

Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost as detailed in note 17. Taxation and social security are not included in the financial instruments disclosure definition. Deferred income is not deemed to be a financial liability, as the cash settlement has already taken place and there is an obligation to deliver services rather than cash or another financial instrument.

1.12 Going Concern

At the time of signing the accounts, the Trustees have considered the effect of the Coronavirus on the going concern position, and consider that the charity will continue to operate for a period of at least 12 months from the date of signing these accounts. This is due to the level of business generation, income and funding secured with key partners. Development of the online learning provision and trading performance has continued to exceed budget in the period to 31[st] December 2021. The charity continues to hold significant cash reserves. Although the charity held negative unrestricted reserves as at the balance sheet date, the charity has significant designated reserves and the current business plan contains an expectation that the unrestricted reserves will revert to a positive balance by 31[st] August 2024.

The latest forecast to 31[st] August 2022 indicates that the charity will be able to operate within the facilities available to it over this time period. On that basis the Trustees have prepared these financial statements on a going concern basis.

22

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

2 Donations and legacies Unrestricted Restricted funds funds £ £ Donations and gifts 375 12,099 Legacies Receivable 20,114 - _ _ 20,489 12,099 Total 2020 1,756 11,870 3 Investment income Unrestricted Restricted funds funds £ £ Income from listed investments 160 16,403 Interest receivable - - _ _ 160 16,403 Total 2020 3,050 11,773	2 Donations and legacies Unrestricted Restricted funds funds £ £ Donations and gifts 375 12,099 Legacies Receivable 20,114 - _ _ 20,489 12,099 Total 2020 1,756 11,870 3 Investment income Unrestricted Restricted funds funds £ £ Income from listed investments 160 16,403 Interest receivable - - _ _ 160 16,403 Total 2020 3,050 11,773	2 Donations and legacies Unrestricted Restricted funds funds £ £ Donations and gifts 375 12,099 Legacies Receivable 20,114 - _ _ 20,489 12,099 Total 2020 1,756 11,870 3 Investment income Unrestricted Restricted funds funds £ £ Income from listed investments 160 16,403 Interest receivable - - _ _ 160 16,403 Total 2020 3,050 11,773		Total 2021 £ 12,474 20,114 _ 32,588 13,626 Total 2021 £ 16,563 - _ 16,563	Total 2020 £ 9,963 3,663 _ 13,626
					Total 2020 £ 14,670 153 _ 14,823
	3,050	11,773		14,823

23

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

4 Income from charitable activities

	Unrestricted	Restricted	Total	Total
	funds	funds	2021	2020
	£	£	£	£
In furtherance of the	1,082,615	473,444	1,556,059	1,490,440
Total 2020	1,120,786	369,654	1,490,440

objectives are the following:

	Unrestricted	Restricted	Total	Total
	funds	funds	2021	2020
	£	£	£	£
Unrestricted funds
Grants from UK Government	63,321	-	63,321	58,040
Subscriptions & Membership	290,581	-	290,581	274,385
Consultancy and related fees	164,730	-	164,730	302,197
Conferences and seminars	242,568	-	242,568	210,554
Royalties and other income	53,420	-	53,420	57,233
Income from sales of publications	267,995	-	267,995	218,377
	_	_	_	_
	1,082,615	-	1,082,615	1,120,786
	_	_	_	_
Restricted funds
Grants from trusts and businesses	-	473,444	473,444	369,654
	_	_	_	_
	1,082,615	473,444	1,556,059	1,490,440

Grants from the UK Government represent monies received in relation to the Coronavirus Job Retention Scheme.

Subscriptions represent monies received from subscribers in return for termly mailings of RE Today magazine and the appropriate curriculum book i.e. primary or secondary publications.

Membership represents the NATRE membership monies, in which members receive the RE Today magazine, curriculum books as a termly mailing but can additionally benefit from monthly e-newsletters, free and discounted courses and RE Today resources and the annual NATRE conference. This is a monthly offer, not termly as with the subscriptions.

Mailings for academic interest entitle the subscriber to a copy of the British Journal for Religious Education. This publication is also available within NATRE membership and RE Today subscriptions.

24

CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

5 Total resources expended

Total resources expended
	Staff		Other	Total	Total
	costs	Depreciation	costs	2021	2020
	£	£	£	£	£
Expenditure on raising funds	27,871	-	2,323	30,194	30,810
Charitable activities
Provision of opportunities for learning
Direct costs (note 6)	319,656	-	398,788	718,444	718,807
Support costs (note 7)	468,348	14,574	256,698	739,620	720,056
Governance costs (note 8)	-	-	14,448	14,448	24,695
	_	_	_	_	_
	815,875	14,574	672,257	1,502,706	1,494,368

Of the total expenditure of £1,502,706 (2020: £1,494,368), £1,168,452 (2020: £1,090,937) is allocated to unrestricted funds and £334,254 (2020: £403,431) is allocated to restricted funds.

6 Direct costs

Other direct costs comprise: Unrestricted funds Project advisers, staff travel and other expenses Production of publications and other project expenditure Restricted funds 7 Support costs Premises and related costs Stationery, postage, telephone and related costs Other costs	2021 £ 6,219 241,244 _ 247,463 151,325 _ 398,788 2021 £ 63,304 20,089 173,305 _ 256,698	2020 £ 52,167 181,110 _ 233,277 167,824 _ 401,101 2020 £ 62,225 20,633 167,354 _ 250,212

Other costs of £173,305 (2020: £167,354) comprise expenditure relating to computer maintenance, repairs and renewals, other premises expenses, accountancy support, bank and related charges incurred during the year.

8 Governance costs

Governance costs
		2021	2020
		£	£
Legal and professional	fees	6,448	13,898
Audit fees		8,000	9,630
	of Committee expenses	-	1,167
		_	_
		14,448	24,695

25

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

9 Trustees

None of the Trustees (or any persons connected with them) received any remuneration during the year. None of the trustees were reimbursed travelling expenses (2020: Six were reimbursed £1,167).

10 Employees

Number of employees

The average monthly number of employees during the year was:

Chief Executive PA to Chief Executive Business Development Director Advisers Publications & Marketing Support staff Employment costs Wages and salaries Social security costs Other pension costs	2021 Number 1 1 1 5 7 7 _ 22 2021 £ 659,370 62,431 94,074 _ 815,875	2020 Number 1 1 1 5 7 6 _ 21 2020 £ 645,271 59,155 92,296 _ 796,722

No employees received employee benefits (excluding employer pension contribution) in excess of £60,000.

The number of staff to whom retirement benefits are accruing under money purchase schemes is 17 (2020:17).

The trustees consider its key management personnel comprise the management team. The total employment benefits including employer pension contributions and employer national insurance contributions of the key management personnel were £161,770 (2020: £159,865).

11 Taxation

s charitable objects and no corporation tax liability

arises.

12 Transfers

No t ransfers (2020: £53,042) were made from unrestricted funds to restricted funds to contribute to projects undertaken by the charity in connection with the specified activities.

26

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

13a Intangible fixed assets

Cost At 1 September 2020 Transferred to tangible fixed assets Additions At 31 August 2021 Amortisation At 1 September 2020 Charge for the year At 31 August 2021 Net book value At 31 August 2021 At 31 August 2020	Software £ 66,045 - 146,403 _ 212,448 _ - - _ - _ 212,448 66,045	Total £ 66,045 - 146,403 _ 212,448 _ - - _ - _ 212,448 66,045

13b Tangible fixed assets

Office equipment £ Cost At 1 September 2020 44,620 Transferred from intangible fixed assets - Additions 3,698 Disposals - _ At 31 August 2021 48,318 _ Depreciation At 1 September 2020 40,985 Charge for the year 3,673 On disposals - _ At 31 August 2021 44,658 _ Net book value At 31 August 2021 3,660 At 31 August 2020 3,635	Fixtures & fittings £ 109,008 - - - _ 109,008 _ 51,414 10,901 - _ 62,315 _ 46,693 57,594	Total £ 153,628 - 3,698 - _ 157,326 _ 92,399 14,574 - _ 106,973 _ 50,353 61,229

27

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

14 Fixed asset investments Market value at 1 September 2020 Additions at cost Disposal proceeds Change in value in the year Market value at 31 August 2021 Historical cost: At 31 August 2021 At 31 August 2020 15 Stocks Stocks of publications for resale 16 Debtors: amounts falling due within one year Trade debtors Other debtors Prepayments and accrued income Debtors: amounts falling due after one year Other debtors	CCLA Investment Funds £ 464,086 115,466 - 98,860 _ 678,412 466,527 351,062	CCLA Deposit Funds £ 733 - - - _ 733 729 729 2021 £ 117,029 _ 117,029 2021 £ 60,059 - 22,811 _ 82,870 2021 £ 12,012	Total £ 464,819 115,466 - 98,860 _ 679,145 467,256 351,791 2020 £ 150,717 _ 150,717 2020 £ 54,945 1,300 33,305 _ 89,550 2020 £ 24,025

28

CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

17 Creditors: amounts falling due within one year Trade creditors Taxes and social security costs Other creditors Accruals Deferred income Bank Loans and Overdrafts Creditors: amounts falling due after more than one year Bank Loans and Overdrafts	2021 £ 42,559 16,116 10,983 138,185 182,046 10,000 _ 399,889 2021 £ 37,500	2020 £ 13,820 16,215 6,822 130,400 121,577 - _ 288,834 2020 £ 50,000

The bank loan represents the capital amount repayable for a Coronavirus Bounceback Loan. This facility is provided by Lloyds Bank and supported by the Bounceback Loan Scheme (BBLS), which is managed by the British Business Bank and supported by the UK Government. The loan is repayable over 72 months, with no interest payable and no repayments due for the first 12 months. Thereafter interest is chargeable at 2.5% per annum. A minimum of £2,000 can be repaid at any time during the term with no penalty.

Deferred income movement

Deferred income movement	2021
	£
Balance at 1 September 2020	121,577
Incoming resources deferred in the current year	182,046
Less: amounts released	(121,577)
	_
Balance at 31 August 2021
	182,046

Deferred income represents membership fees of £150,436, and subscriptions of £10,263 received in advance, and training/consultancy fees of £21,347 billed in advance.

18 Pension costs

Teachers' Pension Scheme

Some of the employees of the charity belong the Teachers' Pension Scheme for England and Wales. This scheme is a multi-employer defined benefit scheme. The latest actuarial valuation of the TPS related to the period ended 31 March 2016.

There were no outstanding or prepaid contributions at the end of the financial year.

Pension Scheme Regulations 2014. Membership is automatic for full time teachers and lecturers and part time teachers and lecturers following appointment or a change of contract. All teachers and lecturers have the option to opt-out of the TPS following enrolment.

The TPS is an unfunded scheme to which both the member and employer makes contributions, as a percentage of salary - these contributions are credited to the Exchequer. Retirement and other pension benefits are paid by public funds provided by Parliament.

29

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

18 Pension costs: continued

Valuation of the Teachers' Pension Scheme

The Government Actuary, using normal actuarial principles, conducts a formal actuarial review of the TPS in accordance with the Public Service Pensions (Valuations and Employer Cost Cap) Directions 2014 published by HM Treasury every 4 years. The aim of the review is to specify the level of future contributions. Actuarial scheme valuations are dependent on assumptions about the value of future costs, design of benefits and many other factors. The latest actuarial valuation of the TPS was carried out as at 31 March 2016. The valuation report was published by the Department for Education on 5 March 2019. The key elements of the valuation and subsequent consultation are:

• employer contribution rates set at 23.68% of pensionable pay (including a 0.08% administration levy)

• total scheme liabilities (pensions currently in payment and the estimated cost of future benefits) for service to the effective date of £218,100 million and notional assets (estimated future contributions together with the notional investments held at the valuation date) of £196,100 million, giving a notional past service deficit of £22,000 million

• the SCAPE rate, set by HMT, is used to determine the notional investment return. The current SCAPE rate is 2.4% above the rate of CPI. assumed real rate of return is 2.4% in excess of prices and 2% in excess of earnings. The rate of real earnings growth is assumed to be 2.2%. The assumed nominal rate of return including earnings growth is 4.45%.

The next valuation result is due to be implemented from 1 April 2023.

https://www.teacherspensions.co.uk/news/employers/2020/04/teachers-pensions-valuation-report.aspx

The employer's pension costs paid to TPS in the year amounted to £50,071 (2020 - £45,661).

Under the definitions set out in FRS 102, the TPS is an unfunded multi-employer pension scheme. The charity has accounted for its contributions to the scheme as if it were a defined contribution scheme. The charity has set out above the information available on the scheme.

Defined Contribution Pension Scheme

CEM also participated in a defined contribution pension scheme. CEM contributed £44,128 (2020: £46,635) in year in respect of 17 employees (2020:17).

19 Liability of members

Christian Education Movement is constituted as a company limited by guarantee. In the event of the charity being wound up members are required to contribute an amount not exceeding £1.

30

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

20 Endowment funds Current year 2021

Balance Movement Permanent endowments at 1 Sep 2020 Incoming resources Resources Expended £ £ £ CE New Endowment Fund 308,683 - - CE Church Building Fund 38,850 - - 347,533 - -	in funds Transfers Investments gains/losses £ £ - - - - - -	Balance at 31 Aug 2021 £ 308,683 38,850
		347,533

Prior year 2020 Balance Movement Permanent endowments at 1 Sep 2019 Incoming resources Resources Expended £ £ £ CE New Endowment Fund 99,148 - - CE Church Building Fund 38,850 - - 137,998 - -	in funds Transfers Investments gains/losses £ £ 209,535 - - - 209,535 -	Balance at 31 Aug 2020 £ 308,683 38,850
		347,533

The special trust funds comprise monies for which the charity has a responsibility in a Trustee capacity. On 1 September 2002, in accordance with the terms of a Scheme approved by the Charity Commission, the Trusteeship of the funds was transferred from National Christian Education Council to Christian Education Movement.

The CE New Endowment fund was established to generate income to be applied specifically towards making small grants to young people, from churches, towards residential courses, conferences and holidays. Income generated by the fund is credited directly

The Christian Education Church Building Fund (formerly known as the Centenary Loan Fund) comprises capital monies to be applied in making interest free loans to churches in membership of the charity to enable them to support the This Fund no longer functions as a membership organisation , and the defraying of endowed funds is being researched in 2022.

31

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

21 Restricted funds

Current year 2021

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on for specific purposes:

Balance Movement at 1 Sep 2020 Incoming resources Resources Expended £ £ £ NEW2RE - Early Career Development NEW2RE (JT) 63,403 17,000 (31,459) NEW2RE (All Saints) 12,505 20,000 (12,718) NEW2RE (Hockerill) 3,758 6,000 (3,818) ITE Conferences (JT) 9,730 - (9,500) ITE Conferences (KH) 2,607 - - Regional Infrastructure Project RE Support Infrastructure (CSTG) 44,015 - (19,015) RE Support Infrastructure (JT) 47,586 - (20,557) RE Support Infrastructure (ND) 950 - (950) RE Support Infrastructure (SPS) 1,852 - (4,874) Other Funds Primary Membership Support (JT) 2,625 - (2,250) Spirited Arts (Westhill) - 5,600 (4,779) IBRA International Fund 35,226 12,099 (27,104) Small Grants Fund 108,451 16,404 (500) Understanding / picturing Islam 1,830 21,905 (9,011) Understanding Unbelief - - (875) Understanding Christianity 21,591 180,855 (76,252) FfTW Prisons project 1,000 - (1,000) Strictly RE 2,055 - - NATRE Leadership Fund (CSTG) 3,343 6,000 - BQiC (Templeton) - 156,816 (85,459) Primary 1000 - 30,092 (4,345) RE Awareness - 7,875 (2,875) National Curriculum Symposium 6,522 8,300 - Anti Racist RE 11,750 - (11,750) NATRE Chair - 8,000 (5,163) RE Plus Environment - 5,000 - 380,799 501,946 (334,254)	in funds Transfers Investments gains/losses £ £ (4,779) - - - - - 6,000 - - - (459) - (6,000) - - - 3,022 - - - 4,779 - - - - - - - - - 459 - - - - - - - - - - - - - (3,022) - - - - - - - - -	Balance at 31 Aug 2021 £ 44,165 19,787 5,940 6,230 2,607 24,541 21,029 - - 375 5,600 20,221 124,355 14,724 (875) 126,653 - 2,055 9,343 71,357 25,747 5,000 11,800 - 2,837 5,000
		548,491

32

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

21 Restricted funds (continued)

Prior year 2020

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on for specific purposes:

Balance Movement at 1 Sep 2019 Incoming resources Resources Expended £ £ £ NEW2RE - Early Career Development NEW2RE (JT) 58,403 43,000 (38,000) NEW2RE (All Saints) - 20,000 (7,495) NEW2RE (Hockerill) - 6,000 (2,242) ITE Conferences (JT) 17,400 - (7,670) ITE Conferences (KH) 4,660 - (2,053) Regional Infrastructure Project RE Support Infrastructure (CSTG) 5,195 74,850 (36,030) RE Support Infrastructure (JT) 80,546 6,000 (38,960) RE Support Infrastructure (ND) 1,728 - (778) RE Support Infrastructure (SPS) - 3,378 (1,526) Other Funds Primary Membership Support (JT) 4,350 4,500 (6,225) Shared Space (Westhill) 3,586 - (3,586) Spirited Arts (All Saints) - - (379) Spirited Arts (Westhill) 37 7,000 (11,890) IBRA International Fund 45,129 11,871 (21,774) Small Grants Fund 96,679 11,772 - Understanding /Picturing Islam - 19,905 (18,075) Understanding Unbelief 9,626 - (15,501) Understanding Christianity 5,252 55,355 (81,180) FFTW Prisons Project 1,000 - - Strictly RE 1,500 5,000 (4,445) NATRE Leadership Fund (CSTG) - 10,000 (6,657) BQiC (Templeton) - 58,135 (81,180) Primary 1000 2,800 34,884 (53,828) RE Awareness - 2,875 (6,000) National Curriculum Symposium - 6,522 - Ant Racist RE - 12,250 (500) 337,891 393,297 (403,431)	in funds Transfers Investments gains/losses £ £ - - - - - - - - - - - - - - - - - - - - - - - - 4,853 - - - - - - - 5,875 - 23,045 - - - - - - - 23,045 - 16,144 - 3,125 - - - - - 53,042 -	Balance at 31 Aug 2020 £ 63,403 12,505 3,758 9,730 2,607 44,015 47,586 950 1,852 2,625 - - - 35,226 108,451 1,830 - - 1,000 2,055 3,343 - - - 6,522 11,750
		380,799

33

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

21 Restricted funds (continued)

NEW2RE - Early Career Development is a project which has been designed to support secondary RE teachers to deepen their subject knowledge and teach six religions and other world views with confidence it is a two year programme which will be delivered through NATRE membership making it available to all.

ITE Jerusalem Trust and CSTG Conferences six regional conferences delivered by working in partnership with lecturers on PGCE RE courses and by brokering with other partners to inspire new entrants to the RE teaching profession through inter-varsity day conferences.

Regional Infrastructure Project RE in your Region is a 2-year project to build a national support infrastructure for Religious Education. To achieve this a National RE Ambassador and 10 Regional RE Ambassadors, teachers and educators are supported to champion RE in their regions, supported by the Communications Executive and RE Today. each of the 10 regions. Due to COVID and the 2 year funded project a significant amount of work has taken place to review, research and redevelop the project which will be relaunched in September 2022.

NATRE Leadership is funding to support teachers in fulfilling their roles in RE leadership beyond the classroom.

Primary Membership Support (JT) this grant provides a silver NATRE membership for grant recipients of the The provision was to fund 180 Primary schools.

Spirited Arts Westhill - funds from Westhill Endowment Trust to help invest in promoting the competition and embed the project in schools. It is a unique opportunity for teachers to enable their pupils to express their own religious and spiritual insights through Art, Music and Poetry.

The IBRA International Fund receives voluntary giving from individual IBRA readers to provide grants that enable the IBRA International Partners to translate and produce resources to support their local readers.

The Small Grants Fund comprises of income earned from endowment fund assets and applied towards making small grants to young people from churches. The provision of needed to be in membership of the charity has been removed. The fund supports attendance at residential courses, conferences, and holidays for young people.

Understanding Islam / Picturing Islam is to transform teaching and learning about Islam in schools in England and Wales, within the safe confines of the RE classroom. It is not sim those who follow the Muslim path in the UK today.

Understanding Christianity this funding to enable all schools to access UC through the development of an online learning platform. It is now taught in over 6,500 CofE schools and over 1,200 community schools, both school types are acknowledging this as a valuable RE resource that has impacted beyond the RE classroom. RE Today will work to enable all school types to engage with this teaching resource.

Understanding Christianity Roll Out to Community Schools this funding to enable all schools to access UC. RE Today is working collaboratively with funders and UC Accredited Trainers to provide access to all community schools through a £150 subsidy to cover the costs of the training resources and contribute to the cost of the training. During September 2020 and August 2021, 422 Community Schools received training.

FfTW Prisons Project During August 2021, 230 copies of Fresh from The Word were sent to Prison Chaplaincy HQ for distribution to those serving prison sentences.

Understanding Unbelief Kent University (Templeton funding) the aim is to research and map the population of in not just lassroom by RE Today.

34

CHRISTIAN EDUCATION MOVEMENT (A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

21 Restricted funds (continued)

Strictly RE CSTG provided a grant to enable ITE and firstfunding a ticket at a discounted rate.

Anti-Racist RE The project is generously supported initially by the Free Churches Group and Methodist Schools, These free project materials are designed to help teachers of RE plan and provide excellent learning in the classroom that encourages pupils to learn about religion and beliefs, racism and prejudice in challenging ways that promote the well-being of all in our richly plural communities.

BQiC Templeton - Will explore ways in which teachers of RE in primary and secondary schools can be encouraged to consider and address multidisciplinary approaches to big questions in RE classrooms. It will do this through print and online resources, and training for teachers.

Primary 1000 - NATRE - works with NATRE exec, Advisers and teachers who refer hard-to-reach schools and provide them with resources and practical solutions, helping them to see improvement swiftly and be able to sustain this in the years to come.

RE Awareness the research, design and development of a three hour course focussed on headteachers, governors and senior leaders who are responsible for the teaching of RE. It will outline the statutory requirements, look at supporting religious literacy in children and young people to help them to flourish in their futures. It is being developed as an online course, in person and with supportive literature.

National Curriculum Symposium this was an in-person two day RE curriculum symposium bringing together 20 members of the professional learning community. It achieved the aim to draw expertise and experience together and take time to discuss issues, challenges and to create best practice in curriculum design that can be shared amongst teachers across the country.

NATRE Chair this is funding enable the Chair of NATRE to fulfil their role in RE leadership beyond the classroom.

RE Plus Environment this supports the development of specific resources for the RE classroom for teaching about the environment.

22 Unrestricted funds

Current year 2021

Current year 2021
		Movement in funds
	Balance					Balance
	at 1	Incoming	Resources		Investments	at 31
	Sep 2020	resources	expended	Transfers	gains/losses	Aug 2021
Designated funds	£	£	£	£	£	£
Fixed asset fund	127,274	-	(14,574)	150,101	-	262,801
	_	_	_	_	_	_
General fund	(39,259)	1,103,264	(1,153,878)	(150,101)	98,860	(141,114)
	_	_	_	_	_	_
Total	88,015	1,103,264	(1,168,452)	-	98,860	121,687

Fixed Asset Fund comprises the net book value of all tangible fixed assets with the exception of any which have restrictions imposed on them.

35

CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

22 Unrestricted funds (continued)

Prior year 2020

		Movement in funds	Movement in funds	Movement in funds
	Balance					Balance
	at 1	Incoming	Resources		Investments	at 31
	Sep 2019	resources	expended	Transfers	gains/losses	Aug 2020
Designated funds	£	£	£	£	£	£
Fixed Asset Fund	112,765	-	(18,911)	33,420	-	127,274
	_	_	_	_	_	_
General fund	189,144	1,125,592	(1,072,026)	(295,997)	14,028	(39,259)
	_	_	_	_	_	_
Total	301,909	1,125,592	(1,090,937)	(262,577)	14,028	88,015

23 Analysis of net assets between funds

Current year 2021

Current year 2021
	Unrestricted	Restricted	Endowment
	funds	funds	funds	Total
	£	£	£	£
Fund balances at 31 August 2021 are
represented by:
Tangible fixed assets	262,801	-	-	262,801
Investments	331,612	-	347,533	679,145
Current assets	(35,337)	548,491	-	513,154
Creditors: amounts falling due within one year	(399,889)	-	-	(399,889)
Creditors: amounts falling due more than one year	(37,500)	-	-	(37,500)
	_	_	_	_
	121,687	548,491	347,533	1,017,711
Prior year 2020
	Unrestricted	Restricted	Endowment
	funds	funds	funds	Total
	£	£	£	£
Fund balances at 31 August 2020 are
represented by:
Tangible fixed assets	127,274	-	-	127,274
Investments	117,286	-	347,533	464,819
Current assets	182,289	380,799	-	563,088
Creditors: amounts falling due within one year	(288,834)	-	-	(288,834)
Creditors: amounts falling due more than one year	(50,000)	-	-	(50,000)
	_	_	_	_
	88,015	380,799	347,533	816,347

36

CHRISTIAN EDUCATION MOVEMENT

(A company limited by guarantee)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

24 Commitments under operating leases

At 31 August 2021 the company had minimum lease payments under non-cancellable operating leases as follows:

Expiry date: Within one year Within one to two years Between two and five years	2021 £ 42,500 42,500 82,788	2020 £ 42,500 42,500 125,288

25 Related parties

Certain Trustees subscribed to NATRE membership and paid the full appropriate subscription rate as arising during the year. Trustee expenses are disclosed in Note 9.

One Trustee is a director of SPCK Limited (formerly Lion Hudson), which supplies publications. The expenditure incurred with Lion Hudson Limited in the year was £2,700 (2020 - £21,866). The amount outstanding in creditors with Lion Hudson Limited at the end of the year was £2,700 (2020 £21,866).

One Trustee is a Trustee of The Westhill Endowment, which provides grant funding for various projects. The funding received from The Westhill Endowment in the year was £8,475 (2020 - £18,375). The amount outstanding in debtors with The Westhill Endowment at the end of the year was £nil (2020 - £nil).

26 Analysis of changes in net debt

Borrowings Total Liabilities Cash and cash equivalents Total net debt	2020 £ (50,000) _ (50,000) 298,796 248,796	Cash Flows £ 2,500 _ 2,500 2,447 4,947	2021 £ (47,500) _ (47,500) 301,243 253,743

37

CEM - Annual Accounts 2021- FINAL FOR SIGNING Final ALJdil Report 2022-03-16 Created.. 2022-03-14 By.. LoTraine Williatns [e-mail] Slalus.. Signed Transaction ID.. CBJCHBCAABMH5g¥_E2JDeC-X6FgdLlm2110WvfziDhT "CEM - Annual Accounts 2021- FINAL FOR SIGNING" History Document created by Lorraine Williams [e-mail] 2022-0>14- 5..02..09 PM GMT- IP address.. 89.197.156.142 P. Document emailed to Pamela Draycott [e-mail] for signature 2022-03-14- 5.'04.'22 PM GMT Email viewed by Pamela Draycoll Ipamela.draycott@gmail.¢oml 2022.03-16. 8..54..08 AM GMT. IP address.. 66.249.93.91 Document e-signed by Pamela Draycoll [e-mail] Signature Date.. 2022-03-16- 8..55..18 AM GMT- Titne Source.. setver- IP address.. 2.223.71.112 Agreement completed. 2022-03-16- 8.'55.'18 AM GMT la Adobe Slgn