Registered number.. 04385537
Charity number: 1092698
The Centre for Literacy in Primary Education
(A Company Limited by Guarantee)
Trustees. Report and Financial Statements
Forthe Year Ended 31 August 2024

The Centre for Literacy in Primary Education
IA Company Limited by Guarantee)
Contents
Page
Reference and Administrative Details
Trustees, Report
Indèpendent Auditor's Report
15
ststement of Financial Activitiès
19
Balance Sheet
20
Statement of Cash Flows
21
Note5 to the Financial Statements
22

The Centre for Literacy in Primary Education
{A Company Llmlted by Guarantee)
Reference and Administrative Details of the Charity, its Trustees and Advisers
For the Year Ended 31 August 2024
Trustees
Sonja Afzal
Antonia Byatt
Elizabeth Catford
Jackie Gillan resigned 31.08.2023
Bevedey Greathead - Vice Chair of Trustees and Chair of the Operations Committee
Catherine Rose- Chair of Truslees
Justin Shinebourne - Chair of Finance Committee- resigned 31.12.2024
Cecilia Weiler
Ronnie Woods
Rukhsana Yasmin
Mark Wharrier
Chair of Finance Committee - joined September 2024
Emily Guille-marrell - joined Oclober 2024
Company registered number
04385537
Charity registerèd number
1092698
Registered offlce
Webber Street
London
SE18QW
Company Secretary
Rachel Doran - resigned 31 December 2024
Chief executive officer
Rebecca Eaves - appointed 6th December 2023.
Indèpendent auditor
Goldwins Llmited
75 Maygrove Road
London
NW6 2EG
Pagel 1

The Centre for Literacy in Primary Education
(A Company Limited by Guarantee)
Reference and Administrative Details {continuedl
For the Year Ended 31 August 2024
Bankers
Barclays Bank plc
53 The Broadway
London
W5 5JS
Sanlander Business Banking
Brid le Road
Boolle
Liverpool
L30 4GB
Solicitors
Bates Wells
10 Queen Slreet Place
London
EC4R 1BE
Pagel 2

The Centre for Literacy in Primary Education
IA Company Llmlted by Guarantee)
Trustees Report
For thè Year Ended 31 August 2024
The Truslees, who are also directors of the charity forthe purposes of the Companies Act 2006, present their
annual report together with the audited f inancial statements of the charity f or the year end ed 31 August 2024.
The Trustees confirm that the Annual Report and financial statements of the company comply with Ihe current
slalutory requirements, the requirements of the company's governing document and the provisions of the
Statement of Recommended Practice ISORP), applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Rep ublic of Ireland {FRS 102) (eff eclive1 January
2015) as amended by Update Bulletin 1 {effeGtive 1 January 2015) and update Bulletin 2 (effective l January
2019).
Since the charity qualifies as small under seGtlon 383. the strategic report required of medium and large
companies under The Companies Act 2006 (Strategic Report and Directols Report) Regulations 2013 is not
required.
Catherine Rose, Chair of Trustees
l am delighted to have continued the position of Chair of Trustees through the year 2023-2024, alongside
Bevedey Grealhead as Vice-chair of Trustees. We continue lo be both excited and commilled to ensuring all
children benef it f rom the absolute best literacy leaching which encourages a lif elong love of reading and writing.
Through 2023-24 we were delighted to see the value and importance of CLPE'S work recognised in the awarding
of National Portfolio Organisation {NPOI status by The Arts Council England and embarked on the first year of
what We hope will be an ongoing and fruitful partnership. The NPO status allows us to continue our
ground breaking Ref lecting Realities, Power of Pictures and Poetry work as well as suslain our inspiring in print
library and poetry archive in our home in Webber Street.
In July 2024, we were excited to retum to The National Theatre to host our poetry award, the CLIPPA. The live
audience of over 1,200 were joined by an extended online audience who watched the event livestreamed from
homes and classrooms and saw the 5 shortlisted poets perform, alongside the children who won the 2024
shadowing scheme.
We buill on what we had leaml about ways in which schools access our programme and patterns of engagement
and continued to develop our online programme which provides add ilional content and another roule for schools
to access ourwork. More schools, in more places than ever before can now take part in our CPD, in our poetry
and picture book work and benefit from our research.
Whilst we've continued to work with closely with schools, teachers and funde￿ throughout the year, il has also
been a year of continued change at the Cenlre. Having said farewell to our Chief Executive, Louise Johns-
Shepherd in August 2023, two members of the Senior Leadership Team, Farrah Serroukh and Charlolle Hacking.
stepped up as joint interim Chief Exècutives, ably supported by Finance and Operations Director, Rachel Doran,
as Trustees embarked on Iheir search f or 8 new Chief Executive. We're enormou sly g rateful for the add itiona
work they undertook during this period and the manner in which they welcomed and supported our new Chief
Executive, Rebecca Eaves, who joined us in January 2024. Aftera 30 year career in marketing and advertising,
RebeGca b roughl marketing acumen, commercial rigour as well as passion for child ren's literacy to the role. She
was alsojoined in January bysarah James who returned from malemity leave as Marketing and Communications
Director. The Centre also welcomed a third tenant to the burgeoning Literacy Hub at Webber Street, wth the
Children's Literacy Charity moving into Cowell room in Aug ust 2024.
Sadly, however, the Ghallenging market has meant we have made some difficult decisions regarding other
members of staff. making two of our marketing team
Lindsey Gadwah and Kiri Gray
redundant In January
2024, followed byJamie Wraight and Jonathan Rodgers of theteaching team in May 2024. These team members
are keenly missed, though we're gratef ul lo Jonny in partlGular for his conlinued support to the teaching leam on
a f reelance basis.
At Trustees level. we were delighted to be joined by Mark Wharr¢er in September 2024, bringing a wealth of
f inancial experience and expertise to the board and in particular the Finance Committee and Emily Guille-marrett
in October 2024 who has deep knowledge of the educational publishing sector. We're also grateful to Jackie
Gillan for her work with us as a Non-voting Member of our Board.
We are pleased to share details of the CLPE'S impact with you and proud of the ways in which our research, our
resources and our training Gontinue to impact on literacy teaching across the country ensuring that all children
Pagel 3

The Centre for Literacy in Primary Education
(A Company Llmlted by Guarantee)
Trustees Report
For the Year Ended 31 August 2024
benefil from our worf<.
Our Team
The CLPE team is made up of teachers, librarians, communicators, project managers and adminislralors from a
range of backgrounds working together in a beautif ul old school building in the very middle of London. All our
teaching team have recent classroom and leadership experienGe and they use this to support their research.
writing and development of all our courses and materials. As al September 2024 we have a staff of 13 people
in full and part time positions as well as a wder team of Associate Teachers working with us around the country.
We have 19 Associate Schools who are beacons of practice across England where schools can visit and see
CLPE practice thriving. We have a wider team of associates working with us to support the delivery of our
extended programme, fundraise, research and support our marketing and communications work. We continue
to build partnerships with likeminded organisations ensuring our work and research is disseminated and
communicated as widely as possible.
Our Trustees
We are a charity and govemed by a board of trustees. Our trustees meet fourtimes a year as an entire board,
and we have two committees.. Finance & HR Committee and Operations & Evaluation Committee. Trustees
also form smaller, time-limited special project committees lo support the imp lemenlation of our strategic plan a
to lake f orward particular projecls. Our Trustees are commilled lo ensuring that we have Ihe full range of skilL8
and knowledge on our board and work to ensure we are implementing the principles of good govemance and
working as an effective board. Our board have led the recruitment process fora new Chief Executive to ensure
that the charity nol only sustains slability in a time of change but can also achieve ambitious growth targets f or
the future. We have been keen to ensure that our work is guided by delivering our Slrategic Plan and Tnjslees
work with the slaf f to ensure that our organisation and staf f ing is f it f or purpose as we move f otward to f uture
years and on our strategic priorities as we fulfil the commitments of our Arts Council National Portfolio
Organisation status.
CLPE Trustees
Sonja Afzal
Anlonia Byall
Elizabeth Catford
Jackie Gillan
resigned 31.08.2023
Emily Guille-marrett - joined October 2024
Beverley Greathead - Vice Chair of TTUStees and Chair of the Operations Committee
Catherine Rose- Chair of Trustees
Justin Shineboume Chair of Finance Committee- resigned 31.12.2024
Cecilia Weiler
Mark Wharrier
Ronnie Woods
Rukhsana Yasmin
Chair of Finance Committee -loined September 2024
Company Secretary.. Rachel Doran (Finance & Operations Director)
Pagel 4

The Centre for Literacy in Primary Education
Trustees Report
For the Year Ended 31 August 2024
2023 - 2024 Review of the Year and Impact
The Centre for Literacy in Primary Education is a U K based children's literacy charity working with early years
and primary schools across the country and internationally. Ourwork raises the achievement of children's
reading and writing by helping schools to teach lite racy creatively and effective Iv, supporting children to read
and write for purpose and for pleasure. We run professional development courses and research programmes
at our literacy library in ce ntral London and provide a wide range of teachin g resources for Primary teachers.
We also conduct research into all areas of primary literacy, using the f indings to inform practice and
contribute to national and international perspectives on literacy.
Our research showsthat children's attainment levels in readingand writing improve when they have access to
quality experiences of literacy, using quality child ren's books and that all teachers have the knowledge and
resources to support children become confident, happy and enthusiastic readers and writers.
OurTeacherTraining and Development Programmes:
Ou r training and resou rces are all based on extensive, externally validated research and on the principles of
effective continuing professional developme nt.
In the academic year 2023-2024
397 teachers attended a face-to-face training course
2270 books given away as part of CLPE training programmes
1493 attendees on our online training programme
54 schools, nationally and internationally had l NSET training delivered by the CLPE Team
IOOO/o of respondents rated our In Person training as effective
IOOOA of respondents would recommend our In Person training to someone else
970A of respondents rated our online training as effective
98 %of respondents would recommend ouronline trainingto someone else
No one school is the some and what is greot obout CLPEand the troining on offer, is thot theyrecognise this.
There is always on emphasis on meeting the needs of the current cohort and what they specifically need as
opposed to a one fits all approach.
English Subject Leader, Literacy Leader Forum 2023-24
This was an amazing course that sent me away 'buzzing' with excitement. Learnt how to move the reoding
into writing, lots of ideas to use with the book and then tronsfer to other books. This will have great impact
on moving wr£ting foNord in school.
Teacher, Teaching Writing (in peyson course) 2023-24
There was so much information, and it was so comprehensively delivered. I will definitelybe thinking about
lots of things thatwere said in the webinar, and will applythe things I have learned to mypractice.
Teacher, CLPE Online Training2023-24
An inspirational course with high qualityliterature shared-givingteachers clearstrategies forhow to
implement the teachingideas in the classrooml
Great trainerwho was very inform8tive. The ideas are all backedup with evidence andresearch which
helpedme to learn and it hasgiven me the confidence to tryout lots of newide8S Wlth the children.
Teachers, CLPE INSET Days 2023-24
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The Centre for Literacy in Primary Education
Trustees Report
For the Year Ended 31 August 2024
CLPE'S Power of ReadingTraining and School Membership:
CLPE'S research around the importance of using q u31ity texts as the basis for English planning and quality
teaching is pivotal to our f lag5h ip training programme, The Powe r of Reading.
The programme supports and trains teachers to develop a whole class cu rriculum for the teaching of English.
Using high q uality childre n's literature, the Power of Reading, now entering Its twentieth year, drives
engagement and attainmentforall children in oracy, reading and writing.
160 teachers attended Power of Reading training in 2023-24
1 OOO/y of teachers were introduced lo new authors, illustrators and poets 8nd were inspired tr) seek out new texts.
98°/0 of teachers im proved their knowledge of books and authors
98°/o of teachers and headleachers would recom mend our Power of Reading training to someone else
98°/o of teachers reported that the programme improved their subject knowledge
990/0 of te8chers reported that the programme improved children's engagement in reading
98fj1• of teachers reported that the program me improved children's engagement in writing
9201ts of teachers reported that the program me raised chSldren's 8ttainmenl in reading
920/0 of teachers reported that the programme raised children's attainment in writing
94 10 of teachers reported Ghildren choosing to read more independenlly in school
78 10 of teacher8 reported children choosing to read more independenuy at home
925 schools subscribing to CLPE membership
75,801 individual f ree CLPE member5, including teachers and students,
71 new, free teaching resources developed and released
26 CLPE Associate Schools highlighting how to use the programme to build an effective English
Curriculum
Ourst8ff feel supported, empowered and itprovides a scaffold to develop theirEnglish pl8nningand
subject knowledge. Ourchildren are enthusiastic andconfident to talk8bout their readingandwriting.
Children who are reluctant readers at home, have expressed howmuch they enjoy readingbooks in
School.
Headteacher, Power of Reading 2023-24
The creative approach to teachingre8dingand writingincreased motlV8tion andengagement for
students. Subsequently, attainment was higher in both readingand writing. Importantly, oracy skills are
promotedwhich are keyto allare8s of literacy. In addition, the value of an entire book(not an extr8Ct, not
a photocopy) is central to the teaGhingof literacyskills.
Year 6, Teacher, Power of Reading 2023-24
In implementing the Power of Reading approaches the children enjoy sharing and celebrating their writing
together and are confident and excited to do so. We are reallyproud thatevery child within KSI now sees
themselves as a writer,. they are allmotivated to write and have a go. Their writing stamina andfluency has
developed and they have become so invested in theirown journey as writers as wellas having excited
anticipation of what will happen next-for themselves and within the text.
Infant School Teacher, Power of Reading 2023-24
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The Centre for Literacy in Primary Education
Trustees Report
For the Year Ended 31 August 2024
External evaluatlon of the tTHining
The rnost ￿tent evidence of impact cornes from on independent evaluotlon by Leeds Trinity
University" and shows thtst in schools porticip¢Jting in the Power of Reading Iraining.-
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Publications
Building on CLPE'S long standing reputation for publishing groundbreaking work in the literacy f ield, two
major publications were released this year.
The Balancing Act.. An Evidence-Based Approoch to Teaching Phonics, Reading and Writing authored by
UCL'S ProfessorDomonicWyse and CLPE'S Learning and Programme Director, Charlotte Hacking was released
in May 2024.
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WYSE
HACKING
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11
The book centres on robust research that shows phonics should be taught hand-in-hand with readingand
writing to encourage true literacy and a love of reading, not through narrow synthetic phonics.
The underpinning research of 'The Double Helix of Teaching Reading and Writing, suggests an overhaul of the
current system is necessary to bring the 'joy' back into reading,. motivating children to read and write is
f oundational to the balanced approach, and it begins with engaging children through high quality books.
CLPE'S 50 years of knowledge of high-quality books, teaching experience and research into what works in the
classroom, has fed into this model and lies at the heartof our highly successfu I Powerof Reading programme,
as well as ourwider portfolio of CPD and teaching resources.
The BalancingAct Is an important book, which willmove the debate about reuding and writing teaching
forward in one bound.
Steve Wlllshaw
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The Centre for Literacy in Primary Education
Trustees Report
For the Year Ended 31 August 2024
Representation in Children s Literature.. Reflecting Realities in the Classroom, authored by our Research and
Development Director, Farrah Serroukh, was re leased in April 2024. A practical handbook for teachers, the
book explores what Reflecting Realities, teaches us and highlights how engage me nt with inclusive literature
positively impacts school reading cultures and wider teaching and learning,
The book is inspired both by our award-winning Ref lecting Realities research, the f irst U K study looking at
dive rsity in children's lite rature and by the f indings f rom our Paul Hamlyn Foundation f unded Ref lecting
Realities in the Classroom research project, working alongside 30 teachers over the past 3 years.
We we re particularly delighted that the pu blication featu res a special f oreword by current Children's Laureate
and CLPE Patron, Joseph Coelho, and cove r illustrations by author/illustrator and CLPE Patron, Ken Wilson-
Max
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A massively important book that needs to be read and discussed in primary schools across the country.
Jon Biddle
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The Centre for Literacy in Primary Education
Trustees Report
For the Year Ended 31 August 2024
Ref lecting Realities
Since the first report in 2018, Ref lecting Realities, f unded by the Arts Council England annually identif ies and
evaluates representation within picture books, f iction and non-f iction for age5 3-11. Its f indings provide a
benchmark to track and understand progress and a toolkit to support both producers and consumers of
children's literature to be more critically ref lective in the move towards a more inclusive f uture.
I n Novembe r 2023, we celebrated the publication of the 6th re port. 3,195 children's picture books, f iction and
non-fiction titles published in the U K in 2022 were e ligible for the consideration of this study. This is a marked
reduction in eligible titles compared to the previous report. Of these titles, 954 featured racially minoritised
characters.
Keyfindings included..
3(YA of the ch ildre n's titles published in 2022 featured racially minoritised characters, up f rom 4% in the f irst
report in 2017,
For the f irst year in its history the report showed a decrease in the presence of racially minoritised
characte rs in pictu rebooks and non-f iction.
This report welcomed and high lights the breadth of ge nres representing racially minoritised characters.
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It is beyonda doubtthatthe biggestoutcomeof this thoughtful sustained, methodicalresearch has been the
increase in well drawn, authentic, representations in children's books. Forty years on, wefinallyfeel we con
pick ourbooksfrom the very best of the bestl
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The Centre for Literacy in Primary Education
Trustees Report
For the Year Ended 31 August 2024
The National Poetry Centre for Primary Schools
CLPE is the National Poetry Centre for Primary Schools, an honour bestowed upon us by our Patron, Michael
Rose n during h 15 Children's Laureateship. We have an extensive collection of poetry f or children at our ce ntre
and host a wide range of f ree resources on our we bsite, including vide05 of poets and teaching plans to he Ip
teache rs teach poetry in primary schools. The importance of poetry is ce ntral to all ou r professional
development programmes, because we believe it is centralto literacy learning and development.
Across the academic year 2023- 2024, CLPE ran Anotheryear of Poetry with Michael Rosen; 6 twilight
sessions attended by 16 teachers from 15 schools exploring the role, value and teaching of poetry and
critically sharing how teachers teach it. The work of the schools, including strategies used and examples of
practice shared through the year will be published as a brand new publication forteachers, eponymously
named, in 2025.
In 2023, CLPE also partnered with Macmillan Children's Books IMCBI to fund places for 10 teachers to attend
our one-day poetry course, 'Teaching Poetry in Primary, led in partnership with award-winning poet Kate
Wakeling. This incredible commitment from Macmillan follows our partnership work on The Big Amazing
Poetry Project in 2022-23, and is in direct response to the finding from ourjoint poetry survey Poetry in
Primury Schools 2023 that 61Yo of teachers have never had CPD on poetry.
I really enjoyedthecourseas a wholeandthatl tookso much awayfrom it. One of the main points in my case
study was the importance of providing teachers with high quality CPD, delivered by passionote experts and I
think that's exactly what I gotfrom you, Michaeland everyone else.
English Subject Leader, Another Yearwlth Poetry 2023-24
Really helpful ond engaging. CLPE is an inspiring place to be. So mony helpful things in this course. Even
feeling the vulnerability as a writer, but how to scoffold to ease process. The poetry spine provided was
brilliant and to see the books on display.
Funded Teacher. Teaching Poetry in Primary with Kate Wakeling
The CLPE Poetry Award, CLIPPA
CLPE is also the proud home of CLiPPA- the Centre for Literacy in Primary Poetry Award and the only award
for published children's poetry in the U K. Each year, publishers submit their children's poetry books and a
panel of expert judges seSects a shortlist and the winner. Our Schools Shadowing Scheme runs alongside the
CLIPPA, with more than 6000 children from over 300 schools across the country taking part each year, using
the free teaching resources created for the shortlisted books to bring poetry to lif e in the classroom.
The winning schools are given the opportunity to perform on stage with the shortlisted poets at the
prestigious award show, hosted this year at the N ational Theatre and also livestreamed to wider audiences,
In this, our 21"yearof the award..
5 poetry collections we re shortlisted
1290 views of the online shortlist announcement
380 schools shadowed the CLIPPA
63 new poet videos were produced to support children's engagement with poetry in the classroom.
1056 audience members watched the live award show at the National Theatre
13,620 views of the livestreamed show in schools across the country
The CLIPPA Shadowinggave themaddedreason toperform too. Theopportunityofperforming attheNational
Theatre in London opened their eyes to the ovenues that were available to them if they really worked hard at
it. The winning performance was all down to Daisy, Amelia and Faith.. they collected all their props, practiced
together, they rehearsed, created their routine. It was wonderful to see them come together oversomething
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The Centre for Literacy in Primary Education
Trustees Report
For the Year Ended 31 August 2024
thatcame to meon so much to them, not only as this group of girls but as a class.
Laura Hulme, Teacher of 2024Shadowing Scheme Winners
CLIPPA is the only owordof its kind and really helps to elevate poets and writers. The shadowing scheme is an
invaluable wayforchildren to engage andfallin love with poetry. To win this award is just beautiful.
Matt Goodfellow, Winner of the CLIPPA 2024
CLPE: working with publishers and partners
At CLPE, we want to develop close working relationships with key partners and publishers, to become the
bridEe between schools and high-quality books. Our Literacy Library and Corebooks selections highlight the
best of child ren's literature for the curricu lu m and book provision, curated by our librarian and expert
teaching team.
We work with 3 range of children's publishers and partners to produce teaching notes, promote high-quality
books, host book launches and curate Literacy Library Presents events, as well our librarian recommending
books through the Phoebe's Picks Instagram videos and booklists.
38 authors, illustrators and poets partnered with us in ourwork
13 book events took place to promote the use of quality literature
61 books were promoted with publishers
111 visitors were welcomed to use the Ilbrary
The Power of Pictures
In the impact report for 2022-2023, we released the findings from the Education Endowment Foundation
IEEFI Randomised Control Trial of The Power of Pictures programme, which supports teacher's knowledge
and unde rstanding of how to deve lop visual literacy, reading comprehe nsion and the teach ing of creative
writing. The f indings evide nced progress in outcomes for literacy forch ildren who took part in the project and
evidence of a link between creativity and drawing and writing.
In 2023-24, through our NPO fundingfromThe Arts Council England, we continued the training programme
with re nowned author-illustratoryij ing Li for our face-to-face course and Nadia Shireen forthe online training.
5 new videos of author/illustrators added to the Powe r of Pictures resources
3 new teachingsequences developed
It has been fantastic to workalongside an authorandfind out about the process of writinga story-
inspirational. It has also been brilliant to have time to try out ideas andtechniques which can then be
used with the children.
Teacher, Power of Pictures with Yijing Li 2023-24
Plans for future periods
To ensure our sustainability and to make sure that we can continue lo offer a range of high q uality prof essional
development to teachers, we will Gontinue to offer a full programme of online training alongside our f ace-lo-f ace
training, and to focus on making our Membership programme a value for money access route to all our
resources f or schools, that are continuously updated with our lalesl research f indings. Our online programme
and our Membership support schools to access our services in an affordable way when the current economic
landscape stretches school budgets and makes attendance al f ace-to-f ace training challenging.
We were pleased lo achieve Nation81 Porlfolio Organisation status from Arts Council England and we plan to
build on this recognition with our continued research into the importance of inclusive children's books, the
signif icance of picture books to developing literacy and our renowned work highlighting children's poetry.
Core f unding from ACE and other trusts and foundations will help us to ensure we can maintain Ihe q uality of our
f ree resources and to subsid ise our activities so that we can avoid price increases on our courses if possible. We
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The Centre for Literacy in Primary Education
Trustees Report
For the Year Ended 31 August 2024
have continued lo benef it f rom f unding f or our research prog rammes in Early Language and inclusive literature
and are planning new research projects to support our work in the future. This funding for research ensures we
can continue to add to ourexpert knowledge and disseminate that new knowledge to ourcommunity of SchooLs,
Teachers and Partners.
Public benefit
The Charity has had regard to the Charity Commission's guidance on public benefit. We work to improve the
Ilf e chances of child ren by ensuring that every child has access to q uality experiences of literacy and that all
teachers have the knowledge and resources to support children become confident, happy and enthusiastic
readers and writers, with all the benef ils this brings. We help schools to leach literacy in the most ef fective way.
Our training and resources are all based on credible research and on the principles of eff ective continuing
prof essional development.
All the money we make from ourtraining courses and materials is used to add to ourfree resources. fund research
and f ind out more aboul how to support child ren's developing literacy.
We've continued to work with First Story and the Fair Education Alliance, as part of a Literacy Advocacy Gmup
to bring together key literacy organisations to make the case f orf ulure and f urther government f unding f orsupport
for teachers and develop a manifesto for change.
We have also mainlained and developed partnerships with independent booksellers includ ing Letterbox Library.
Pelels Books, and Love Reading f or Kids which delivers discounts f or schools on quality texts ordered f rom the
Corebooks selections on our website.
Financial Revlew
The unrestricted def icit f or the year amounled to £77k versus £139k unrestricted def icit in the previous f inancial
year. Despite expectations of a post-pandemic recovery leading to increased school investment in courses and
resources, this has continued to be illusive. As long as school budgets remain lig ht, the enhancement of
literacy provision by teacher training is often perceived as a luxury that many schools forego. Conseq uently,
there has been continued weakness in Ihe purchase of our training and resources, resulting in a reduction in
income f rom unrestricted training and associated activities of 10 % compared to the previous year.
Income f rom our premises accounts f or 13,/0 of total income12021122: 7 % I following increased tenant income.
We would also like to acknowledge the support of Southwark Council in rent relief provided towards the end of
the year.
In response to decreased training and resource purchases, we have undertaken further staff headcount
reductions. This strategic measure aims lo address the imbalance between our income and expenditure,
working towards achieving, al a minimum, a break-even position f or the next f inancial year. Throughout this
period, we wll actively seek f inancial support throug h charitable f unding and paid partnerships to sustain our
mission of advancing pedagogy and supporting schools. In the medium term, our focus is on expanding and
improving our Membership off er and broadening our outreach lo schools. with the aim of retuming our core
seNices to self-f unded sustainability.
Followng the f inancial year end the Trustees cond ucted a strategic review of our activities and concluded Ihe
long term interests of all stakeholders and charitable purpose would best be secured by seeking a combination
with another organisation which shares our charitable purpose. During this period the Trustee Board has met
on a weekly basis and closely monitored the f inancial position of the charily.
Going concarn
The charity is currently in advanced negotiations with another UK education charity on a combination of bolh
organisations. In this context, the Trustees are conf ident that the charity is a going concern on the basis that
the organisation can continue to meet ils obligations f or the foreseeable f ulure. Trustees receive the f inance
reports eaGh term, and consider major dependencies and potential mitigations within Ihe risk assessment
reviewed at each meeling.
Page | 12

The Centre for Literacy in Primary Education
Trustees Report
For the Year Ended 31 August 2024
Investment Policy
The charity's f unds are expected lo be spent in the medlum term, so there are no f unds held in Inveslmenls.
CLPE is placing availab le cash into short term savings accounts to benef it f rorn increased interest rates now
available.
ReseNes Policy
This policy is reviewed regularly in line with our slrategic plan. The current lotal reseNes stand al £25,658.
In deciding the level of resetves that the charity needs to hold, the Irustees consider what the reseNes are
represented by in terms of net assets. and therefore what f unds are f reely available lo spend on any of the
charity's purposes. The Trustees consider the f unds f reely available to spend, to be limited to the unrestricted
f und balance and the net value of assets and liabililies that represent cash, or are read ily converted into cash.
On this basis, cash f unds available exceed our total reseNes, theref ore the Trustees consider the f ull £25,658
total reserves are available reserves.
Historically, the charity had a reserves policy to hold three months operating expenditure plus three months rent,
policy which has proved challenging given deficits at an operating level. Given the oharity is in advanced
discussions on a polential combination with another charity, the policy will be reviewed following completion of
this transaction.
structure, Governance and Management
Recrultment and Appolntment of Trustees
At year end there were 9 Trustees for the Gharity who share their extensive expertise from backgrounds in
education, publishing, f inance, law, public relations, third sector and local government to support the work of
the charity. Tnstees reviewed the skills, knowledge and expertise of the board as well as the committee
structure lo ensure thal the board is f il f or purpose to deliver our strategic plan. Our Chair and Vice-chair of
Twstees undertook their f irst year of leadership and led the search f or and appointment of a new Chief
Executive as well as the recruitment of Iwo new Trustees, Mark Wharrier and Emily Guille-marrett to join the
board in Autumn 2024
Risk Management
Throughout the year, the Board of Trustees has conducted regular reviews of the major risks lo which the
charity is exposed. A risk register is discussed al every Trustee meeting and updated as a consequence of
these disGussions. Where appropriate, systems or procedures have been established to mitigate the risks the
charity faces. While we continue to benefit f rom support f rom funders, enabling CLPE lo maintain and
improve our services, this is identif led as a risk as the availability of f und ing can be i nconsistent. In the current
climate f or charities and schoo Is, our plan for our core seNices lo be f ully self -sustaining is expected lo take a
f urther three years. Intemal control risks are minimised by ad herence to our Manual of Authorities.
Procedures are in place to ensure compliance with health and safety of staff , volunteers. clients and visitors to
the centre. These procedures are period ically reviewed to ensure that they continue to meet the needs of the
charity.
Organisational Structure
The Charttable Trusl was set up in November 2001 when the organisalion was transferred from Local
Education Authority {LEA) control.
CLPE is a reg islered charily and a company limited by guarantee. Its reg istered off I￿ is as shown on page l. It
is govemed by its Articles of Association. The management of the Charity is the responsibility of the Trustees
who are appointed under the terms of the Articles of Association.
The CLPE has a Board of Trustees that meels each temi, in addition to temily meetings of the Finance & HR
committee and the Operations & Evaluation Committee.
Trustees are provided with an induction pack which includes the Articles of the Company. inf O￿natIOn about the
duties and responsibilities of charity trustees and f urther inf ormalion f rom the Charities Commission.
There are currently 9 Trustees with a variety of professional backgrounds relevant to the work of the charity.
There are special projects groups convened by the board lo develop various projecls and the longer-tem
Page113

The Centre for Literacy in Primary Education
Trustees Report
For the Year Ended 31 August 2024
strategy. These groups are advisory rather than a decision-making bodies but do have terms of reference agreed
by the f ull trustee board and report to the f ull trustee meelings.
Day lo day responsibility f or the provision of Ihe seNiGes rests with the Chief Executive along with the Senior
Leadership Team. This is guided by a Manual of Authorities which is reviewed regulady.
The Chief Executive is responsible f or ensuring that the charity delivers against its charitable objectives and that
key perfomiance indicators are met. The Senior Leadership Team has responsibility for the day-to-day
operational management of the Centre, income generation and individ ual supervision and development of the
staff team.
Responsibilities of Trustees
The Trustees (who are the directors of The Centre for Literacy in Primary Education for the purposes of
company law) are responsible f or preparing the Annual Report and the f inancial statements in accordance wth
applicable law and Uniled Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
Company law requires Ihe TNstees to prepare financial stalemenls foreach financial year, which give a true and
f airview of the state of aff airs of the charitable company and the incoming resources and application of resources,
including the income and expenditure, of the charitable company for the year. In preparing these financial
statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently.,
obseNe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards have been follow8d, subject to any material
departures disclosed and explained in the f inancial statements.,
prepare the f inancial statements on the going concem basis unless il is inappropriate to presume that
the charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are suff icient to show and explain
the Charitable company's transactions and d isclose with reasonable accuracy at any time the f inancial positK)n
of Ihe charitable company and enable them to ensure that the financial statements comply with the Companies
Act 2006. They are also responsible forsafeguarding the assets of the charitable company and hence fortakirYJ
reasonable steps f or the detection and prevention of f raud and other irreg ularities.
Statement of disclosure of informatlon to auditors
The Trustees have conf irmed that. so f ar as they are aware. there is no relevant aud it information of which the
Company's auditors are unaware, and that they have taken all the steps that they ought lo have taken as
directors in ord er to make themselves aware of any relevant audit inf ormation and to establish that the
Company's auditors are aware of that informalion.
Preparation of the report
This report of the Trustees has been prepared taking advantage of the small companies exemption of section
415A of the Companies Act 2006.
Audltors
The trustees have appointed Goldwins as their auditors. Goldwins have accepted this appointment under
Section 485 of the Companies Act 2006.
This report was approved and aulhorised forissue by the Tnjstees on
and signed on their beha
herine Rose
Chair of Trustees
Opinion
Page | 14

The Centre for Literacy in Primary Education
Trustees Report
For the Year Ended 31 August 2024
We have audited the financial statements of The Centre for Literacy in Primary Education (the 'charitable
company'l f or the year ended 31 Aug LJSI 2024 which comprise the Statement of Financial Aclivilies, the Balance
Sheet, the Statement of Cash Flows and the related notes to the financial statements, including a summary of
slgnif icant accounting policies. The f inancial reporting f ramework that has been applied in their preparation is
applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdorn Generally Accept
Accounting Practice).
In our opinion the f inancial statements..
g ive a true and fair view of the stale of the charitable company's af fairs as at 31 August 2024 and of 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 wth the requirements of the Companies Act 2006.
Basis for opinion
We conducted our aud it in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicabb
law. Our responsibilities under those standards are f urther described in Ihe Aud ilorfs responsibilities f orthe aud it
of the f inancial slatements section of our report. We are independent of the charitable company in accordance
with the ethical requirements that are relevant lo our audit of the financial statements in the United Kingdom,
including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is
suff icient and appropriate to provide a basis f or our opinion.
Material uncertainty relating to going concern
We draw altention to Note 1.16 in the f inancial stalemenls, which indicates that there is a material uncertainty
due to low level of reseNes. The charity is currently in advanced negoliations with another UK ed ucation charity
on a combination of both organisations. In this context, the Trustees are Gonf ident that the charity is a goir¥J
concern on the basis that the organisation can continue to meet its obligations f or the f oreseeable f uture. This
maller as sel forth in note 1.16 may cast significant doubt on the company's ability to continue as a going concem.
Our opinion is not modif led in respect of this matter.
In auditing the financial statements, we have concluded that Ihe direclorfs use of the going concern basis of
accounting in the preparation of the f inancial statements is appropriate.
Our responsibilities and the responsibilities of the directors with respect to going concem are described in the
relevant sections of this report.
Other informatlon
The other infomation comprises the inf omation included in the trustees, annual report other than the f inancial
statements and our auditorfs report thereon. The trustees are responsible for the other inf omation contained
within the annual report. Our opinion on Ihe f inancial statements does not cover the other information and, except
lo the extent otherwise explicitly slated in our report, we do not express any form of assurance conclusion
thereon.
Our responsibility is to read the other inf omiation and, in doing so, consider whether Ihe other inf ormation is
materially inconsistent with the f inancial statements or our knowledge obtained in the course of the aud it, or
otherwise appears to be materially misstated. If we identify such material inconsislenGies or apparent material
misstatements, we are required to determine whether this gives rise to a material misstatement in the f inancial
statements themselves. If, based on the work w8 have performed, we conclude that there is a material
Page | 15

The Centre for Literacy in Primary Education
Trustees Report
For the Year Ended 31 August 2024
misstatement of this other information, we are required to report that f act.
We have nothing to report in this regard.
Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the Trustees, Report which includes the direclors, prep8red for the purposes of
company law, for the financial year f or which the f inancial statements are prepared is consistent with the
f inancial stalements. and
the directors, report included wthin the trustees, report has Ihave] been prepared in accordance with
applicable legal requirements.
Matters on which we are required to report by exceptlon
In the light of our knowledge and understanding of the charitable company and its environment obtained in the
course of the audit, we have not identif led material misstatements in the Trustees, Report.
We have nothing to report in respect of thef ollowing tnatters 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 forouraudit have notbeen received
f rom branches not visited by us,. or
the f inancial statements are not in agreement with the accounting records and retums., or
certain d isclosures of Trustees, remuneralion specif led by law are not made., or
we have not received all the inf ormation and explanations we req uire f or our aud it- or
the truslees were not entille(S to prepare the f inancial statements in accordance with the small companies
regime and take advantage of the small companies, exemptions in preparing the Trustees, Report and
from the requirement to prepare a Strategic Report.
Responsibilities of trustees
As explained more f ully in the Trustees, Responsibilities Slatemenl. Ihe Trustees {who are also the d ireclors of
the charity f or the purposes of company law) are responsible f or the preparation of the f inancial statements and
f or being satisf led that they give a true and f airview, and for such i ntemal control as the Tnjstees determine is
necessary to enable the preparation of f inancial statements that are f ree f rom material misslalem8nt, whether
due to f raud or error.
In preparing the f inancial statements. Ihe Truslees are responsible f or assessing the charitable company's abilty
to continue as a going concern, disclosing, as applicable, matters related to going concern and using the goir
concern basis of accounting unless the Trustees either intend lo liquidate the charitable company or to cease
operations or have no realistic altemative but to do so.
Page | 16

The Centre for Literacy in Primary Education
Trustees Report
For the Year Ended 31 August 2024
Auditor's responsibilities for the audit of the financial statements
Our objectives are lo obtain reasonable assurance aboul whether the f inancial stalements as a whole are f ree
from material misstatement, whelher due to fraud or error and to issue an Audilols Report that includes our
opinion. Reasonable assurance is a hig h level of assurance but is not a guarantee that an audit conducted in
accordance with ISAS (UK) will always delect a material misstatement when it exists. Misstalemenls can arise
f rom fraud or error and are considered rnalerial if, individually or in the aggregate. Ihey could reasonably be
expected to inf luence the economic decisions of users taken on the basis of these f inanclal statements.
Irregularities, including f raud, 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,
includ ing f raud. The extent to which our pmcedures are capable of detecting irregularities, including f raud are sel
out below.
Capablllty of the audlt in detectlng irregularltles
In identif ying 8nd assessing risks of material misstatement in respect of irregularities, including f raud and non-
compliance with laws and regulations, our proced ures included the f ollowing..
We 8nquired of management, which included obtaining and reviewing supporting documentation,
concerning the charity's policies and proced ures relating lo-
Identif ying, evaluating, and complying wilh laws and regulations and whether they were
aware of any
instances of non-complianGe'
Detecting and responding to the risks of fraud and whether they have kno￿edge of any actual, suspected,
or alleged f raud.,
• The intemal controls established lo mitigate risks related to fraud or non-Gompliance with laws and
regulations.
We inspected the minutes of meetings of Ihose charged with governance.
We obtained an understanding of the legal and regulatory framework that the charity operates in, focusiry
on those laws and reg ulations that had a material eff ecl on Ihe f inancial statements or that had a f undamenlal
eff ect on the operations of the charity from our prof essional and sector experience.
We reviewed the financial statement disclosures and tested these to supporting documentation to assess
Compliance with applicable laws and regulations.
We performed analytical proced ures to identify any unusual or unexpected relationships that may indicate
risks of material misstatement due to f raud.
In addressing the risk of f raud through management override of controls, we tested th8 appropriateness of
journal entries and other adjustments, assessed whether the judgements made in making accounting
estimates are indicative of a potential bias and tested signif icant Iransactions that are unusual or those
outside th8 normal course of business.
Because of the inherent limilations of an aud it. there is a risk that we wll not detect all irregularities, including
those lead ing to a material misstatement in the f inancial statements or non-compliance with reg ulation. This risk
increases the more that compliancewith a law or regulation is removed f rom the events and transactions ref lecl
in the f inancial statements, as we wll be less likely lo 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, f org8ry. collusion, omission or misrepresentation.
A further description of our responsibilities is available on the Financial Reporting Council's website at-
www.f rc.org.uklaudilorsresponsibilities. This description f orms part of our auditorfs report.
Page | 17

The Centre for Literacy in Primary Education
Trustees Report
For the Year Ended 31 August 2024
Use of our report
This report is made solely lo the charitable company's members, as a body, in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so Ihat we might state to the charitable
company's members those matters we are required to slate lo them in an Auditols Report and for no other
purpose. To the f ullest extent permitted by law, we do not accept or assume responsibility to anyone other Ihan
the Gharitable company and its members, as a body, for our aud il work, f or this re port, or f or the opinions we
have formed.
Anthony Epton jsenior Statutory Auditor)
for and on behalf of
Goldwins Llmited
Statutory Auditor
Chartered Accountsnts
75 Maygrove Road
West Hampstead
London NW6 2EG
Page | 18

The Centre for Literacy in Primary Education
(A Company Limited by Guarantee)
Statement of Fi nancial Activities
{Incorporating Income and Expenditure Account)
For the Year Ended 31 August 2024
Unrestricted
funds
Restricted
funds
2024
Total funds
2024
Total funds
2023
Note
2024
Income from:
Donations
Charitable activities
Other Irading aclivities
Investmenls
143,088
835,116
118,733
8,855
143.088
896,607
118,733
8,855
765, 222
1.084, 094
74, 755
12,984
61,491
Total income
1,105,792
61,491
1,167,283
1,336,455
Expenditure on:
Charilable activities
1,183.008
81,123
1,264,131
1, 529, 146
Total expenditure
1,183,008
81,123
1,264,131
1,529, 146
Net movement In funds
{77,216)
(19,632)
(96,848)
(192, 691)
Reconclllatlon of funds:
Total f unds broug hl forward
17
92,101
30,406
122,507
315, 198
Total funds carried fO￿ard
14,885
10,774
25,659
122,507
All of the above results are derived f rom continuing activities.
There were no other recognised gains or losses other than those staled above.
The attached notes fom part of these financial statements.
Page | 19

The Centre for Literacy in Primary Education
(A Company Limited by Guarantee)
Balance Sheet
As at 31 August 2024
2024
2023
Note
Fixed assets:
Tang ible assets
Intangible assets
11
74,145
46,878
121,023
112,344
70,496
t82,840
12
Current assets:
Stocks
Debtors
Cash al bank and in hand
13
13,863
112,098
184,707
310,668
15.139
111,817
258, 954
385,910
14
Credltors.. amounts f alling due within one
year
15
397,699
428, 506
Net current assetsl{Ilabllities)
87,031
42,596
Creditors.. amounts f alling due after one
year
16
(8,333)
(17.737J
Total net assets
25,659
122,507
Charity Funds
Restricted f unds
Unrestricted funds
17
10,774
14,885
30, 406
92,701
Totsl funds
25,659
122,507
The charity's financial statements have been prepared in accordance with Ihe provisions applicableto compani
subject to Ihe small companies regirne.
The financial statements were approved and authorised forissue by the Trustees on
signed on their behalf , by..
and
Cat
rlne Rose
ir of Trustees
The atlached notes form part of these financial statements.
Company registration number: 04385537
Page | 20

The Centre for Literacy in Primary Education
{A Company Limited by Guarantee)
statement of Cash Flows
For the Year Ended 31 August 2024
2024
2023
Note
Cash f lows f rom operating activities
Net cash (used inllprovided by operating activities
19
(60,9511
(132,350)
Cash f lows f rom investlng activities:
Cash f lows f rom interest
Purchase of tangible f ixed assets
Purchase of intangible f ixed assets
Net cash used in investing activities
8,855
{1,974)
(10,773)
{3,892)
12,984
(4,414)
(26, 198)
(17, 628)
Cash f lows f rom f inancing activities..
Repayments of borrowing
Cash provided by l (used inl financing activities
(9,404)
{9,4041
(9, 752)
(9, 752)
Change in cash and cash equivalents in Ihe year
{74,247)
(159. 730J
Cash and cash equivalents brought forward
258,954
418,684
Cash and cash equlvalents carrled forward
20
184,707
258, 954
Page | 21

The Centre for Literacy in Primary Education
{A Company Limited by Guarantee)
Notes to the Financial Statements
For the Year Ended 31 August 2024
Accounting Policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the U K and Republic of Ireland {FRS
1021 leffeclive 1 January 2015) (Charities SORP IFRS 102)), the Financial Reporting Slandard
applicable in the UK and Republic of Ireland {FRS 1021 and the Companies Act 2006.
The Cenlre f or Literacy in Primary Education meets the def inition of a public benef it entity under FRS
102. Assets and liabilities are initially recognised at hislorical cost or transaction value unless
otherwise stated in the relevant accounting policy.
1.2 Company status
Th8 charity is a companylimited by guarantee. The members of the company are the Trustees named
on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limit
to £1 per member of the Gharity.
1.3 Fund accounting
General f unds are unrestricled f unds which are available f or use at the discretion of the Trustees in
furtherance of the general objectives of the charity and which have not been designated for other
purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees forparticular
purposes. The aim and use of each designated fund is set out in the notes tothe financial statements.
Restricted f unds are f unds which are to be used in accordance with specif ic restrictions Impos￿ by
donors or which have been raised by the charity for particular purposes. The costs of raising and
administering such funds are charged against the specif IG f und. The aim and use of each restrict
f und is set out in the notes to the f inancial statements.
Page | 22

The Centre for Literacy Tn Primary Education
IA Company Limited by Guarantee)
Notes to the Financlal Statements
For the Year Ended 31 August 2024
1.4 Income
All income is recognised once the charity has an entitlement to the income, it is probable Ihat the
income will be received and the amount of income receivable can be measured reliably.
Donated services or facilities are recognised when the charity has control over the item, any
conditions associated with the donated item have been met, the receipt of economic benef it f rom
use of the Gharity of the ilem is probable and that economic benefit can be measured reliably. In
accordance with the Charities SORP (FRS 102), the general volunleer time of the Friends is not
recognised and ref er to the Trustees, Report f or more information about their contribution.
On receipt, donated prof essional seNices and donaled facilities are recognised on the basis of the
value of the g if t to the charity which is the amount the Ghariiy would have been willing to pay to oblan
seNices or facilities of equivalent economic benef it on the open matket., a corresponding amount i
then recognised in expenditure in the period of receipt.
Voluntary income is received by way of grants, donalions and gifts and is included in full in Ihe
Statement of Financial Activities when receivable. Grants, where entillemenl is not conditional on the
delivery of specific performance by Ihe charity. are recognised when the charity becomes
uncond ilionally entitled to the grant.
Bank interest is included when receivable.
Income f rom charitable trad ing activity is accounted f or when earned.
Income from granls where related lo performance and specific deliverable is accounted foras the
charity earns the rig ht to consideration by its performance.
1.5 Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or consttuctive obligation
committing the charity to that expendilure, it is probable that selllemenl will be required and Ihe
amount of the obligation can be measured reliably.
Expenditure is accounted foron an accruals basis and has been included under expense categories
that aggregate all costs for allocation lo activities. Where costs cannot be directly attributed lo
pariicular activities, they have been allocated on a basis Gonsislent with the use of the resourc8S.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity.
Governance costs are those incurred in connection wth the administration of the charity and
compliance with constitutional and statutory req uireTnents.
Charitable activities and Governance costs are costs incurred on the chaiity's ed ucational operations,
including support costs and Gosts relating to the governance of the charity apportioned to charitab18
activities.
All expenditure is inclusive of irrecoverable VAT.
Page | 23

The Cenlre for Litera¢y in Primary Education
(A Company Limited by Guarantee)
Notes to the Financlal Statements
For the Year Ended 31 August 2024
1.6 Fixed assets and depréciation
Tangible fixed assets
All assets costing more than £500 are capilalised.
Tangible fixed assets are carried at cost or valuation, net of depreciation and any provision for
impairment. Deprecialion is provided at rates calculated to write off the cost or valuation of f ix
assets, less their estimated resid ual value, over their expected usef ul lives on the f ollowing bases..
Leasehold improvements
Library
Furniture and f ittings
Computers and equipment
20 /.15 years) Straig ht line with nil residual value.
12.50 % (8 years) Slraig ht line with nil resid ual value.
20°/. (5 years) Straight line wth nil resid ual value.
25 % {4 years) Straight line with nil resid ual value.
1.7 Intanglble assèts
Website development costs are capitalised as intangible assets only when the following criteria are
met.. (i) it is technically feasible to complete the product so it will be available lo use- (ill management
intends to complete the prod uct or sell it., lili) there is ability to use or sell the prod ucl., {iv) it can be
demonstrated how the sof Iware producl will generate f uture economic benef ils., Iv) Ihe expenditure
allributable to the product during its development can be measured reliably. Website development
costs are amortised over their usef ul economic lif e of 4 years.
1.8 Operatlng leases
Rentals under operating leases are charged lo the Statement of Financial Activities on a straig ht-line
basis over the lease temi.
Benefits received and receivable as an incentive lo sign an operating lease are recognised on a
straight-line basis over Ihe period until Ihe date the rent is expected to be adjusted to the prevailinJ
mathet rate.
1.9 Stocks
Stocks are valued at the lower of Gost and net realisable value af ter making due allowance f orobsolete
and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of f ixed
variable overheads.
1.10 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the charity; this is normally upon notif icalion of the interest paid or payable by the Bank.
1.11 Debtors
Trade and other debtors are reGognised at the settlement amounl after any trade discount Offe￿1.
Prepayments are valued at the amount prepaid net of any trade dlscounts due.
1.12 Cash at Bank and in hand
Cash al bank and in hand includes cash and short term highly liq uid investments wilh a short maturily
of three months or less from the date of acquisition or opening of the deposit or similar account.
Page | 24

The Centre for Literacy in Primary Education
{A Company Llmited by Guarantee)
Notes to the Financial Statements
For the Year Ended 31 August 2024
1.13 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past
event, it is probable that a transf er of economic benef it will be required in settlement. and the arnounl
of the selllement can be eslimaled reliably. Liabilities are recognised al Ihe amount that the charity
anticipates it will pay to settle the debt or the amount it has received as advanced payments f or the
goods or services il must provide. Provisions are measured at the best estimate of the amounts
required to settle the obligation. Where the ef f ect of the time value of money is material, Ihe provision
is based on the present value of those amounts, d iscounted at the pre-tax d iscounl rate that ref lects
the risks specif IG to the liability. The unwind ing of the discount is recognised within interest payable
and simi18r charges.
1.14 Pensions
Slaff up to 2008-09 were eligiblefor membership of the Local Government Pension Scheme {LGPS),
administered by the London Borough of Southwark, which acts as an Administering Authority. The
scheme was closed to new staff during that year. The Local Government Pension Scheme was a
defined benefitscheme based on final pensionable salary, bul from The Centre forLiteracy in Primary
Education's perspective became a defined contribution scheme during 2013-14. Pension costs
charged in the Slalement of Financial Activities represent Ihe Contributions recommended by tha
independent actuary and payable by the charity in the year.
Staf f not in the Local Government Pension Scheme are eligible f or inclusion in a def ined conlribution
scheme. Contributions are charged to the Statement of Financial Activities as they become payab
in accordance with the scheme.
1.15 Critlcal accountlng estimates and areas of judgment
In the application of Ihe Company's accounting policies, the directors are required to make
judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are
not readily apparent from other sources. The estimates and associated assumptions are based on
historical experience and other f actors that are considered to be relevanl. Actual results may d iff
from these eslimates. The estimates and underlying assumptions are reviewed on an ongoing basis.
Depreciation and accruals are the areas whiGh give rise to judgemenl and estimates.
1.16 Going concern
Given the level of reserves, f ollowing the f inancial year end the Truslees Gonducled a strategic review
of the charity's activities and concluded the long term interests of all stakeholders and charitable
purpose would best be secured by seeking a combination with another organisation which shares our
charitable purpose. During this period the Tnjstee Board has met on a weekly basis and clos
monitored the f inancial position of the charity. The charity is currently in advanced negotiations wilh
another UK ed ucation charity on a combination of both organisations. In this contexl, the Twstees
are confident that the charity is a going concern on the basis that the organisation can continue to
meet its obligations f or the f oreseeable f uture.
The trustees consider Ihat there are no material uncertainties about the charitable company's abilty
to conlinue as a going concern. The trustees do not consider that there are any sources of
estimation uncertainty at the reporting date that have a significant risk of causing a material
adjustment to the carrying amounts of assets and liabilities wthin the next reporting period.
Page | 25

The Centre for Literacy In Primary Education
IA Company Limlted by Guarantee)
Notes to the Financial Statements
For the Year Ended 31 August 2024
Income from donations
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
Funds awarded
143,088
143,088
165, 222
Total donations
143,088
143,088
165, 222
Total 2023
165, 222
165, 222
Income from charitable activities
Unrestrlcted
funds
2024
Restricted
funds
2024
Tolal
funds
2024
Total
funds
2023
Power of Reading
Courses and conferences
Funded projects
Cross sector work
School CPD
Publications
579,664
102,850
579,664
102,850
61,491
69,162
80,109
3,331
624,977
159, 187
163, 494
61,345
71,904
3, 187
61,491
69,162
80,109
3,331
835,116
61,491
896,607 1, 084, 094
Total 2023
920, 600
163,494 1,084,094
Income from other trading activities
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Prernises income
118,733
118,733 74, 155
Total income from other trading income
118,733
118,733 74,155
Total 2023
74,155
74, 155
Income from investments
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Bank interest receivable
8,855
8,855 12.984
Total 2023
12,984
12,984
Page | 26

The Centre for Literacy in Primary Education
IA Company Limlted by Guarantee)
Notes to the Financial Statements
For the Year Ended 31 August 2024
Analysis of resources expended by actlvltles
Direct
costs
2024
Staff
costs
2024
Support
costs
2024
Total
Total
2024
2023
Awards & Donations
Funded projects
Courses and conferences
Power of Reading
Cross sector work
School CPD
Publication sales
2,003
42,137
13,356
50,884
5,543
4,114
665
63,887
62,965
45,921
258,815
30,880
35,768
1,488
70,591
33,336
50,740
285.971
34,120
39,521
1,644
136.481
138,438
110,017
595,670
70,543
79.403
3,797
165, 756
291,410
184, 986
651, 280
75, 632
76,351
3, 197
Expend iture on trad ing activities:
Cost of generating Premises Income
18,194
53,013
58,575
129,782
80,534
Total
136,896
552,737
574,498
1,264,131
1, 529,146
Support costs
Total
2024
Total
2023
Legal and prof essional
Renl
Telephona
IT costs
Light and heat
Rates
Insurance
Other premises costs
Cleaning
Security
Publicity and marketing
Printing, postage and stationery
Bank charges
Other operating costs
Wages and salaries
Depreciation
Govemance costs (note 8)
3.866
95,478
6,214
33,768
7.447
12,808
12,236
23,900
18,356
2,640
34,982
8,455
273
10,976
192,180
74,564
36,355
133
115,827
5,154
26,979
13,001
11,455
15.906
11,017
72,360
1,853
73,834
11,306
358
6, 964
788, 486
67,575
46,723
Total
574,498
608, 931
The basis of allocation f or support oosls is according to staf f time spent on projects as w811 as actual
expenses incurred.
Page | 27

The Centre for Literacy in Primary Education
IA Company Limited by Guarantee)
Notes to the Financial Statements
For the Year Ended 31 August 2024
Governance costs
Unrestricted
funds
2024
Total
funds
2023
Auditols remuneration
Reimbursement of TrL¢Stees' expenses
Wages and salaries
Other costs
9,804
9,804
647
1,402
25,529 34, 282
375
1, 235
Total
36,355 46, 723
Net incomel{expenditure)
This is stated af ter charg ing..
2024
2023
Depreciation of tangible f ixed assets:
owned by the charity
Amortisation of intangible fixed assets
Aud ilorfs remuneration - aud it
Operating lease renlals
40,173
43,413
34,391
24, 162
6,667
8, 333
95,478 115,827
During the year, no Trustees received any remuneration (2023 £Nil).
During the year, no Trustees received any benef its in kind (2023 £Nill-
During the year, Iwo trustees received reimbursement of expenses of £559 (2023 Three trustees wer&
reimbursed expenses of £1,402).
Page | 28

The Cenlre for Literacy in Primary Education
(A Company Limited by Guarantee)
Notes to the Financial Statements
For the Year Ended 31 August 2024
10.
staff costs
staff costs were as follows..
2024
2023
Wages and salaries
Social security costs
other pension costs
660,534 755, 194
68,625
65,503
41,287
50,498
Totsl
770,446 871, 195
The avera9e number of persons employed by the charity during the year was as follows..
2024 2023
No.
No.
Educational staff
Support staff
10
t3
Total
16
20
The number of higher-paid employees was:
2024 2023
In the band £60,000 - £69,999
In the band £70,000 £79,999
In the band £80,000 £89,999
Key management personnel comprises of five {2023'. four) members of senior management and the Chief
Executive. The total benefits received by key management personnel in the year amounted to £319,350
(2023: £345,191).
Page | 29

The Centre for Literacy in Primary Education
(A Company Limited by Guarantee)
Notes to the Financial Statements
For the Year Ended 31 August 2024
11.
Tangible fixed assets
Computers
and
equipment
Leasehold
improvements
Furniture
and fittings
Library
Total
Cost or valuation
At the start of the year
Additions
137.007 254.121
1,355
35,795
62.772
619
489,695
1,974
At the end of the year
138,362 254,121
35,795
63,391
491,669
Depreciation
At the start of the year
Charge for the year
133,765
1,748
155,033
31,766
33,204
2,316
55,349
4,343
377,351
40,173
At the end of the year
135,513 186,799
35,520
59,692
417,524
Net book value
At the end of the year
2,849
67,322
275
3,699
74,145
At the start of the y88r
3,242
99, 088
2,59t
7,423
112,344
12.
Intanglble Fixed Assets
Website
&CRM
System
Total
Cost or valuation
At the start of the year
Add itions
Disposals
134,647 134,647
10,773
10,773
{11.800) (11,800)
At thè end of the year
133,620 133,620
Depreciation
Al Ihe start of the year
Charge for the year
Disposals
64.151
64.151
34,391
34,391
111,800) 111,800)
At the end of thè year
86,742
86,742
Net book value
At the end of the year
46,878
46,878
At the start of the year
70,496
70, 496
Page | 30

The Centre for Literacy in Primary Education
IA Company Limited by Guarantee)
Notes to the Financial Statements
For the Year Ended 31 August 2024
13.
Stooks
2024
2023
Books stock
13,863 15,139
14.
Debtors
2024
2023
Trade debtors
Prepayments and accrued income
42,970
69,128
33, 745
78.072
Total
112,098 111,817
15.
Creditors: Amounts falllng due wlthin one year
2024
2023
Bank loans and overdrafts
Trade creditors
Other taxalion and social security
Other creditors
Accruals and deferred income
10,000
48,104
16,122
5,985
317,488
10,597
43, 285
22.326
17,564
334, 734
Total
397,699
428,506
Deferred income
Deferred income at the start of the year
Amounts released from previous years
Amounts deferred in Ihe year
294,657
1294,657)
302.283
Deferred Income at the end of the year
302,283
Def erred income comprises invoiced or received in Ihe year relating to seNices to be provided In the next
f inancial year.
16.
Creditors: Amounts falling after one year
2024
2023
Bank loan
8,333 77, 737
Total
8,333 17,737
Page | 31

The Centre for Literacy in Primary Education
IA Company Llmited by Guaranteol
Notes to the Financial Statements
For the Year Ended 31 August 2024
17.
Statement of funds
statement of funds - current year
Balance
at the
start of
the year
Balance
at the
end of
the year
Transfers
inl{out)
Income
Expenditure
Unrestricted funds..
Desi
nated funds
Operating Cost ReSe￿e
328,000
328,000
General funds
General reserves
235,899
1,105,792
1,183,008
313,115
Total unrestricted funds
92,101 1,105,792
1,183,008
14,885
Restricted funds:
CLPE inf rastnjcture
Ref lecting Realities in the Classroom
CLIPPA 2024
30,406
(19,632)
(51,491)
(10,000)
10,774
51,491
10,000
Total restrlcted funds
30,406
61,491
81,123
10,774
Total funds
122,507 1,167,283
1,264,131
25,659
Designated Funds
The operating cost resewe represents amounls set'aside to provide f inancial stability should CLPE suffer
unexpected events, losses of income or large unbudgeled expenses. 11 is calculated in line with the
ReseNes Policy, at 3 months operating costs plus a further 3 months rent.
Restricted Funds
CLPE infrastructure a restricted funding grant was received to support the development of a new CRM
system.
Improving Vocabulary is an annual prog ramme, in partnership with Dolly Parton's Imagination Library. 51 is
f unded by the Charity of Sir Richard Whittington, which Is administered by The Mercers, Foundation. It is
expected to run for 3 years.
The Ref lecting Realities suNey is antlClP8ted to be ongoing. In 2022 restricted f unding was received f rom
Arts Council England.
Reflecting Realities in the Classroom is a 3 year programme funded by the Paul Hamlyn Foundation.
The CLIPPA is an award for published poetry forchildren in the UK. In 2022 and 2023 restricted fundir
was received from The Authors Licensing and Collection Sociely in support of the event.
Page | 32

The Centre for Literacy in Primary Education
(A Company Llmited by Guarantee)
Notes to the Financial Statements
For the Year Ended 31 August 2024
17.
Statement of funds (continued)
Statement of funds - prior year
Balance
at Ihe
start of
the year
Balance
at the
end of
the year
Transfe
in/(outJ
Income
Expenditure
Unreslricted funds..
Desi
nated funds
Op8rating Cost Resewe
328, 000
328, 000
General funds
General resewes
96, 894
1. 772,961
1,311,966
235,899
Total unrestricted funds
231, 106 1, 172,961
1,311,966
92, 101
Restricted funds..
CLPE Infrast￿CtUre
Improving Vocabulary
Reflecting Realities Suwey 2022
Reflecting Realities in the Classroom
CLIPPA 2022
CLIPPA 2023
67,664
(37, 258)
(75, 349)
(3,860)
(85,830)
(4,883)
10,000
30, 406
75, 349
3, 860
85,830
4, 883
10,000
Total restricted funds
84,092
163,494
21T,180
30,406
Total funds
315, 198 1,336,455
1,529, 146
122,507
18.
Analysis of net assets between funds
Analysis of net assets between funds - current year
Unrestricted
funds
2024
Restricted
funds Total funds
2024
2024
Tangible f ixed assets
Intangible f ixed assets
Current assets
Creditors d ue within one year
Creditors d ue af ter one year
74,145
46,878
299,894
{397,699)
(8,333)
74,145
46,878
310,668
{397,699)
18,333)
10,774
Total
14,885
10,774
25,659
Page | 33

The Centre for Literacy in Primary Education
{A Company Llmlted by Guarantee)
Notes to the Financial Statements
For the Year Ended 31 August 2024
18. Analysis of net assets between funds {continued)
Analysis of net assets between funds - prior year
Unrestricted
funds
2023
Restricted
funds
2023
Total funds
2023
Tangible fixed assets
Intangible fixed assets
Current assets
Creditors due within one year
Creditors du8 afler ono year
112,344
70,496
355, 504
(428, 506)
(t7, 737)
112,344
70, 496
385,910
(428,506)
(17.737J
30,406
Total
92, 101
30.406
122,507
19.
Reconciliation of net movement in funds to net cash flow from operating activities
Net expenditure for the year (as per the Statemenl of Financial Activities)
(96,848)
(192, 691)
Adjustment for..
Depreciation
Disposals of f ixed assets
Interest, rent and d ividends f rom investments
Increasel(decrease) in stock
{Increaseydecrease in debtors
Increasel{decrease) in creditors
74,564
67,575
{8.855}
1,276
(281)
{30.807)
(12,984J
752
(2,449)
7,447
Net cash {used in)Iprovided by operating activities
60,951
132,350
20.
Analysis of cash and cash equivalents
2024
2023
Cash in hand
184,707 258.954
Total
184,707 258,954
21.
Pension commitments
The charity's employees belong to one of two pension schemes: The Pension Trust scheme {PT) for
academic and related slaff and, fornon-teaching staff. The Local Govemment Pension Scheme (LGPS)
for non-teaching staff. Both The LGPS scheme and The PT scheme are defined contribution schemes.
No conlributions were payable to the LGPS at 31 August 2024 ({2023: £58911 orto the PT as at 31 August
2024 {2023: £7,063). All amounts are included within cred itors at the year-end.
Page | 34

The Centre for Literacy in Primary Education
(A Company Limlted by Guarantee)
Notes to the Financial Statements
For the Year Ended 31 August 2024
21.
Pension commitments {continuedl
LoGal Government Pension Scheme
The Local Government Pension Scheme (LGPS) is a funded defined vconlribution scheme. with the assets
held in separale trustee-administered f unds.
Since 1 April 2014, the London Borough of Soulhwark has introduced a policy whereby Centre forLileraGy
in Primary Education's pension risk as an admitted body is undenNritten by London Borough of Southwark.
Centre f or Literacy in Primary Ed ucalion's contribution rate has been f ixed at the rale certif led by the 2010
triennial actuarial valuation f or as long as the charity remains an employer in the f und. As the Council is
now taking responsibility f or any def icits and the charity has a f ixed contrib ution rate, the scheme is now a
defined contribution scheme for accounting purposes.
The agreed contribution rates forfulure years are 24.IOA of pensionable pay for CLPE in respect of future
accrual of benef ils f or active members. For employees, contributions are dependent on the level of their
f ull-time equivalent salary ranging f rom 5.5 % to 10°/0.
The total Gontribution made for the year ended 31 August 2024 was £4,394 (2023.. £6,228), of which
employer's contributions totalled £3,54212023.' £5,070) and employees, contributions tolalled £852 (2023..
£1,158).
The Pension Trust Scheme
The Pension Trust Scheme (PT) is a defined contribution scheme.
The employerfs contribution rates during the year were 6 %. The employees, contribution rates during the
year were 50/0.
The total contribution made forthe year ended 31 August 2024 was £68,245 (2023.. £81,627), of which
employer's contributions totalled £37,746 (2023.. £45,023) and employees, contributions tolalled £30,499
(2023.. £36,604).
22.
Operating lease commitments
At the year-end, the total of Charity's f uture minimum lease payments under non-GanGellable operating
leases was..
Land and buildings
2024
2023 2024 2023
other
Amounts payable:
Within 1 year
Between 1 and 5 years
After more than 5 years
115,916
115,976 1,806 3,940
463,664
463, 664
1.806
1,400,652 1,516,568
Total
1,980,232 2,096, 148 1,806 5, 746
Page | 35

The Centre for Literacy in Primary Education
(A Company Limited by Guarantee)
Notes to the Financial Statements
For the Year Ended 31 August 2024
23.
Related party transactions
One Trustee is nominated by the London Borough of Southw8rk, as outlined in The Centre for Literacy in
Primary Education's Articles of Association.
Page | 36