**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)**
## **T**
**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**
13
**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**
2006. 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 Ilorraine.Mlliams@christianeduc31ion.org.ukl
Slalus..
Signed
Transaction ID..
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"CEM - Annual Accounts 2021- FINAL FOR SIGNING" History
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