REGISTERED COMPANY NUMBER: 04891164 (England and Wales)
REGISTERED CHARITY NUMBER: 1101304
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
FOR
STEPHEN SPENDER TRUST
(A COMPANY LIMITED BY GUARANTEE

STEPHEN SPENDER TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Page
Report of the Trustees
I to 11
Independent Examiner's Report
12
Statement of Flnanclal Activities
13
Balance Sheet
14 to 15
Notes to the Flnanclal Statements
16 to 22

STEPHEN SPENDER TRUST (REGISTERED NUMBER: 04891164)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present
their report with the financial statements of the charity for the year ended 31 August 2024. The trustees
have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
To advance public education about, and appreciation of, the arts, particularly literature, in and after the
twentieth century, with special but not exclusive reference to the life and works of Stephen Spender and
his contemporaries;
To promote, and assist in promoting, research into the arts;
To promote such other charitable purposes as the trustees may decide.
Inspired by Stephen Spender's literary interests and achievements as poet, critic, editor, translator and
champion of human rights, the Stephen Spender Trust aims over the next three years to consolidate its
position as a leading advocate of literary translation, both ed ucationa l and professional.
In setting and reviewing our objectives and aims, and in planning and carrying out our activities, we have
due regard to the public benefit guidance published by the Charity Commission. In particular, the Trust has..
Increased public appreciation of international literature and the art of literary translation by holding and
promoting the Stephen Spender Prize.
Reached out to new audiences for international literature and literary translation by promoting the Prize
through the media and in schools across the UK.
Provided significant opportunities for cultural participation among groups of people who might otherwise
be excluded, by running our education programmes.
Encouraged high standards of literary translation by raising artistic skills and nurturing and celebrating
talent through the Prize and education programmes.
Promoted intercultural understanding.
More deta ils of all of our activities are provided over the following pages.
Page I

STEPHEN SPENDER TRUST (REGISTERED NUMBER: 04891164)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
ACHIEVEMENT AND PERFORMANCE
Charitable activities
In 2023-24 the charity had two programmes, the Stephen Spender Prize and an education programme.
The Stephen Spender Prlze
Following the change in our Year End date last year, the 2023-24 Financial Year returned to the normal
duration of 12 months, running from August 2023 to August 2024. As a result, the year covered the final
stages of the 2023 prize cycle lending in November 20231 and the majority of the 2024 cycle, which
officially cu Iminated with a livestreamed Celebration Event in November 2024. Both of the relevant periods
are reported on here.
Launched in 2004 in association with the Guardian, and funded in 2023 and 2024 by the Jan Michalski
Foundation, the John S Cohen Foundation, Old Possum's Practical Trust and the Golsoncott Foundation,
this annual prize celebrates the art of literary translation and aims to encourage a new generation of
literary translators and language-learners. Entrants translate a poem from any language
ancient or
modern
into English, and submit the original version and their translation together with a short
commentary.
2023 prlze cycle (August to November 2023)
In 2023, to make the prize as inclusive as possible to entrants of all ages and backgrounds, we made major
changes to both the youth a nd adult categories. I n the youth categories, followi ng extensive consultation
with teachers, a key development was introducing a dedicated 'Schools Laureate Prize, for teachers to
submit thei r pupils, entries. This features age categories from KSI through to KS5,' new alternatives to the
written commentary tailored to Students of all learning styles; and a ba nk of supporting resources including
a database of suggested poems in over 50 languages. Alongside this, we created a devoted 'lndividual
Youth Entry, category as an 'apprenticeship' for the adult prize, to seed a lifelong engagement with poetry
and translation for young people taking part independently.
Meanwhile, the'open, category, previously for adults in the UK and Ireland, was extended to entrants aged
19+ from all over the world, whilst a new, free version of the Open category, the 'Teacher Laureate Prize,,
was launched for all teachers at schools that participate in the Schools Laureate Prize, thereby giving
teachers the chance to engage creatively with translation themselves whilst fostering new opportunities
for exchange and discussion with their students. Reflecting this dual vocation, the prize for the winning
teacher is a personal subscription to Modern Poetry in Translation magazine, plus a poetry translation
workshop for their school.
Finally, in 2023 these four multilingual strands were joined by a'ukrainian Spotlight,, celebrating work by a
range of contemporary Ukrainian poets. Like its forerunners the Polish Spotlight, Urdu Spotlight and
Romanian Spotlight, the prize welcomed entries from all young people aged 18 and under and was
accompanied by a specially curated booklet of poems, compiled by Hanna Leliv and Kateryna Mikhalitsyna,
as well as a collection of teaching resources based on the featured poems.
In November 2023, the winners and commendees of all five categories were announced at a virtual
Celebration Event, which also saw the presentation of 'Outstanding Teacher Commendations, to teachers
from three state primary and secondary schools who had made exceptional efforts to engage their pupils
in poetry translation through the prize.
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STEPHEN SPENDER TRUST (REGISTERED NUMBER: 04891164)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
The event was attended by entrants, poets, translators, teachers and poetry supporters from all over the
world, with the wealth of poems and languages showcased by the winners and commendees, leading
Stephen Spender Trust Trustee Ben Bransfield to describe it as 'an inspiring celebration of language [...] a
wonderful festival of everywhere,. His words were reiterated by judge Samantha Schnee, who paid tribute
to how the prize and internationally accessible awards event 'really createldl a sense of community,. Many
other participants echoed these sentiments:
so moving and humbling. I'm almost crying. So grateful and happy to have been part of Ukrainian
Spotlight project.
Hanna Leliv (Ukrainel, translator and Ukrainian Spotlight booklet co-curator
The virtual awards were a beautiful and touching experience. Thank you for being inclusive. [...] What a
soothing balm to the atrocities happen ing in the world.
Miriam Calleja (United States), Highly Commended, Open Category
'Everything was great and I was honoured and thankful to be part of it [...] a truly international, edifying
event.
Wael Almahdi (Bahrainl, Highly Commended, Open Category
'1 really enjoyed the opportunity to share my mother tongue with the world, and let it be known in a more
mainstream language. Likewise, l enjoyed hearing others, poems because I was able to discover so manv
more languages and countries, and it highlighted that poetry is a global art, not confined to a particular
language or country,"
Cristyn Rhydderch-Davies Iwalesl, Schools Laureate Prize Commendee
The overwhelmingly positive feedback on the Celebration Event was echoed in the reflections from
entrants on their wider experience of taking part in the Prize, as captured by testimonials from adults,
voung people and teachers alike..
'My students and I loved the whole experience. Poetry so rarely gets a look-in compared to other forms of
literature and I love that the prize encourages children and adults alike to engage with translation and
poetry in the classroom and life.
Alison Entrekin, joint wi nner of Th ird Prize in the Open Category, as part of a group of 27 international
co-tra nslators.
'Thank you for organising this,, such a creative, and inspirational opportu nity for all involved. l a m so happy
we took part.
Henrietta Preston, secondary Modern Foreign Languages teacher and teacher of winning Schools
Laureate Prize entra nt.
'1 am incredibly happy that I got the opportunity to participate in the competition. It was a very special
event in my life that opened up a new area of interest for me the translation of texts that have an
influence on our world. [...] Thank you again. I will never forget how important this competition was for
me.
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STEPHEN SPENDER TRUST (REGISTERED NUMBER: 04891164)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
Mariya Chechel, Ukrainian Spotlight Commendee IKS51
Following the Celebration Event, the winning poems from each category were compiled alongside
comments from the judges in an extended print booklet, whilst the full collection of winning and
commended poems were published in a special set of '2023 Prizewinners, webpages and shared in a
dedicated video playlist, which are available open-access on the Stephen Spender Trust website and
YouTube channel.
2024 prize cycle (January to August 2024)
In 2024, we built on the momentum of the 2023 Prize with the second edition of the Schools Laureate
Prize, Individua l Youth Entry strand, Teacher Laureate Prize and internationa l Open category, together with
new 'Portuguese Spotlight, celebrating poetry from across the Lusophone world.
Following the surge in the numbers of teachers engaging with their prize in recent years - which has seen
the number of participating schools {overwhelmingly state schools) more than double since 2021, and the
number of teachers registered for our teacher mailings climb to over a thousand during the same period
in 2024 we ensured that the prize can keep reaching as many new schools as possible by introducing a limit
of five entries per Key Stage per school for the Schools Laureate Prize and Spotlight strand. In tandem, we
created a new set of resources to inspire schools to run poetry translation activities and internal
competitions to choose their final entries per Key Stage, under the banner 'Build Your Own Creative
Translation Project,, The continued expansion of our resource bank was greeted with enthusiasm by
teachers, both supporting ongoing engagement with the prize among previous participants and spurring
new schools to get involved.
The students have absolutely loved the competition and the work we did with your resources before they
got stuck into their translations. It's the first year that my school have done it, and it has been such a
positive experience - thank you I
MFL teacher at a state secondary school
'Thank you for everything you do to run the competition. It's brilliant that it continues to happen and it has
inspired us to set up our own internal poetry translation prize.. We had over 50 entries from languages as
diverse as Persian and Slovak (all volunteer entries).
Secondary Deputy Head of Languages
This potential of the prize to act as a catalyst for wider engagement with Creative Translation was borne
out in feedback from teachers at every Key Stage, who reported more than 2,500 pupils engaging in
Prize-related activities in their schools in add ition to the IOOO+ entries received across all categories. This
scope was exemplified by students and teachers at the University of Birmingham School, where more than
450 students in Key Stages 3, 4 and 5 took part in poetry translation workshops during their language
lessons, resulting in an Outstanding Teacher Commendation for the school's MFL team and the selection of
two of their students amongst the Schools Laureate Prize winners and commendees.
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STEPHEN SPENDER TRUST (REGISTERED NUMBER: 04891164)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
At the same time, the expanded range of commentary options offered by the Schools Laureate Prize
including the possibility to submit an audio or video performance of one's translation, an original artwork,
or a piece of creative writing inspired by the poem once again saw an enthusiastic take-up, highlighting
the rich potential for cross-cu rricu la r links that Creative Translation holds. In 2024, this wea Ith of creative
responses included the Prize's first sung and instrumental translations, as well as dozens of drawings,
painti ngs and original pieces of English-language poetry and prose.
Such creativity was similarly apparent in submissions to the Teacher Laureate Prize, which included a
Snapchat-style translation of Beowulf from one of the commended teachers, inspired by her pupils at a
London comprehensive, as well as original renditions of classic and contemporary poems in a dozen
languages from the other winners and commendees - many of whom were translating poetry for the first
time.
'Poetry is not a genre of literature l am particularly interested in but I may revise my position after doing
this competition! I had to read a large number of poems before selecting the final one, and I thoroughly
enjoyed the search!
Teacher of French and German at a state secondary school, on winning the Teacher Laureate Prize
' Recordi ng the translation was sl ightly pa inf u I
it's quite obvious it's not my standard vocabularyl
However, it has been of great interest to my students and has opened up some brilliant discussions about
language and poetry, so thank you to the Prize organisers for giving students that opportunity. It was a joy
to see them inspired by something outside of the curriculum but still challenging and academic.
Teacher Laureate Prize entrant at a state secondary school, on being awarded a Special Commendation
for her Snapchat-style translation of Beowulf
Meanwhile, the international Open category continued to expand its reach with winners, Highly
Commended and First-Time Entrant Commendees from 3 continents and 6 countries, plus additional
commendees from many more. Overall, the entries spanned 6 continents, 38 countries and 54 languages,
including the competition's first-ever commended translation from BSL.
Th is flourishing of languages was mirrored across the youth categories, with translations f rom a record 75
languages submitted to the Individual Youth Entry strand and Schools Laureate Prize, many of them from
Home, Heritage and Community languages that are seldom given a platform in the traditional curriculum.
The confidence-raising impact for pupils who speak these languages was reflected in feedback from many
teachers, and was seen just as powerfully among entrants to the Portuguese Spotlight as they shone a light
on poems from around the Portuguese-speaking world:
'1 can't tell you how happy l am for herl She was thrilled and we couldn't stop giggling and'quietly, jumping
with joy. This is going to be well celebrated in our school. Thank you so much again.
EAL teacher at a state primary school, whose KSI-2 pupil was chosen as a winner in the Schools Laureate
Prize
'1 am very proud of the work both girls have done, and very grateful for the opportunity given by the
Stephen Spender Trust. I think the work of the staff working for the Trust is outstanding.
Teacher of Portuguese Spotlight winners at a state primary school
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STEPHEN SPENDER TRUST (REGISTERED NUMBER: 04891164)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
Education Programmes
(a) Celebrating Ukrainian Culture
In 2023 and 2024, we continued our Celebrating Ukrainian Culture project with additional funding from
Buckinghamshire Council. These workshops reached over 2,600 pupils from the ages of 7 to 18 in 50+
schools across England, from Norwich to Newcastle, West Sussex to the Wirral.
'It was accessible to them all.. They all left knowing they'd played their part.
Year 6 teacher
' It was especially good to see pupils talking a bout emotions they wouldn't normally talk about. Translating
the Ukrainian poems and picture book made that possible.
Primary school teacher
(b) MLC Young Translators
With funding from the John Lyon's Charity, we piloted a new five-part Creative Translation programme in
two schools in West London, with the intention of rolling it out to more schools in subsequent years. Two
translators each designed a course based on translating two thematically linked poems lone in French and
another in Portuguese), which they delivered to groups over the course of five weeks. The structure of the
programme allowed pupils to build confidence across the sessions, further develop their intercultural
awareness, and express themselves creatively in different languages. Following the completion of the
sessions, the translators curated a zine featuring writings by the pupils at the two schools.
[What do you think the students got out of the programmel 'Realising they could do things they didn't
think they could, realising that they can translate, that they can be better than a machine translator...
rea lising the creative decisions that go into tra nslation, rea lising what they can do with their languages as
well
Participating translator
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STEPHEN SPENDER TRUST (REGISTERED NUMBER: 04891164)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
(c) University of Birmingham
During the 2023-24 school year, we worked with Dr Emma Wagstaff, Associate Professor of French at the
University of Birmingham, on a Creative Translation project funded by the Arts and Humanities Research
Council. Dr Wagstaff was keen to promote the study of French literature and the visual arts, and the
interactions between them. Together, we organised a series of workshops at the University of Birmingham
[UoBI School and developed resources on translating poetry and visual culture. Both the workshops and
the resources drew on a selection of poems from across the Francophone world specially curated by Dr
Wagstaff for this project. The workshops reached 120 pupils in Year 10 and eight sixth formers.
This project has had a measurable impact both on UOB School, where workshops were held, and other
schools across the UK by facilitating their engagement with the Stephen Spender Prize. After observing the
workshops at UOB School, the lead teacher developed a poetry translation initiative that saw the MFL team
create and share lesson plans. These lessons engaged 450 pupils across three different year groups. As part
of the project, we produced a poetry booklet and an accompanying series of open-access translation
activity resources, which are available on our website. These materials inspired 17 entries to the Stephen
Spender Prize, all based on poems from the booklet.
(d) Stephen Spender Prlze workshops
Interest for our Stephen Spender Prize workshops from schools across the UK has grown steadily since
launching in 2022, We offertwo models: one Creative Translation workshop11 hour 30 minutes to 2 hours)
or a Creative Translation day 12 workshops plus an assembly or talk on the Stephen Spender Prize or
creative careers with languagel. During the reporting period, we ran 16 workshops or days in 14 schools
across England, with the whole-day model proving to be especially popular. A number of schools requested
these workshops as part of key events in the school calendar, such as enrichment weeks or careers days.
(e) Translators In Schools
We offered Translators in Schools ITISI support to a number of arts and educational organisations, enabling
them to develop their Creative Translation practice for projects with young people. The most prominent of
these was a project with National Centre for Writing, 'Young Creative Translators,. We designed a 6-session
Creative Translation course for Key Stage 2 pupils in West Norfolk primary schools, as well as a training
programme to support teachers to deliver the course. The programme delivery was managed by NCW, and
delivered to one teacher. Although the participant number was lower than anticipated, the feedback from
this teacher was extremely positive, clearly documenting the positive impact on all of his pupils, in
particular those with English as an Additional Language and those with Special Educational Needs and
Disabilities ISENDI.
'My pupils have really enjoyed it - especially SEND kids. It's created a level playing field for them {Mike
Bidder, participati ng teacher)
Page 7

STEPHEN SPENDER TRUST (REGISTERED NUMBER: 04891164)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
Tis work also included a project for Leeds Language Week as part of the the 'year of culture, leeds 2023.
Alongside organisations such as the British Council and the University of Leeds, we contributed to the
programming by developing open-access Creative Translation resources and running in-school workshops,
both based on the theme of celebrating the culture of a city. We ran Creative Translation days at primarv
and secondary schools across Leeds, reaching over 850 pupils who participated in workshops and/or
attended careers in languages talks. To deliver these workshops, we trained new facilitators, which allowed
us to expand our organisational capacity in Yorkshire and opens up the possibilities to deliver future
languages-related interventions in the Leeds area. In addition, drawing on our wider network of language
professionals, we developed three Creative Translation resources for teachers in languages widely spoken
within communities in Leeds.. Polish, Punjabi, and Urdu.
We were thrilled with how well our students engaged with the sessions, which was due to the facilitator's
skilful delivery and warm, encouraging approach. The material, explanations and level of questioning were
all perfectly pitched, despite one session being aimed at GCSE German students and the other one A Level
Spanish (quite a challenge to get both spot on11. The informal feedback from students since the sessions
has been extremely positive., (participating teacherl
We also supported the Goethe-lnstitut London with their GIMAGINE project: a brand new digital self-study
platform to encourage more young people to learn German. We designed three modules for this platform,
on poetry, translation a nd Artif icia I Intelligence. Finally, we partnered with the Royal Court and University
of Kent on a project to train theatre translators to design and deliver theatre translation workshops in
schools.
FINANCIAL REVIEW
Princlpal fundlng sources
The charity has received donations and grants amounting to £36,123 during the year, including £10,121
from the Buckinghamshire Council, £10,000 from the John Lyons Charity, £6,000 from the Old Possum's
Practical Trust, £5,000 from the John S. Cohen Foundation, £2,500 from, the Rothschild Foundation,
£1,230 from Coventry CC, £1,000 from the Golsoncott Foundation and £80 from the Reading University.
This is a decrease in funding from the previous year, when donations and grants amounted to £135,095.
Income f rom Charitable activities totalled £26,27712023 £24,323).
As at 31 August 2024 the charity had accumulated reserves of £28,845 of which £16,977 are unrestricted.
Reserves policy
It is the policy of the charity to hold such f unds as necessary to protect the future operations of the charity,
the minimum permissible level of unrestricted reserves being £15,000, to
Cover a period of low income while remedial action is taken
Cover an unexpected loss on a project
Cover unforeseen expenditure items
Cover any related costs should the trustees ever seek to merge or wind up the charity
The trustees are satisfied that the cha rity's assets are adequate to f ulf il its obligations.
Page 8

STEPHEN SPENDER TRUST (REGISTERED NUMBER: 04891164)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company,
limited by guarantee, as defined by the Companies Act 2006.
Recrultment and appolntment of new trustees
The trustees serve a fixed term of three years, with the option of renewing for a second term if the trustee
is willing and fellow trustees are in favour.
Organisational structure
The day-to-day administration was undertaken by Charlotte Ryland in consultation with the chair of
trustees, Jonathan Heawood. The trustees meet five times in the course of the year, and otherwise fulfil
their fiduciary duties by email or telephone. They receive regular management accounts to allow them to
monitor closely the management of the Trust's cash resources, and they approve the next year's budget
several months before the beginning of the new financial year. The Director meets the chair of the trustees
once a year for an appraisal and professional development review.
Inductlon and tralning of new trustees
When new trustees are appointed they are provided with a brief history of the Trust, its aims for the
future, the latest annual accounts and trustees, report, and other information appropriate to their
induction, such as Charity Commission guidance.
Rlsk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error. Reviewing
annually the schedule of risks and the procedures in place to mitigate these risks, the trustees have
identified the fol lowi ng risks..
Financial and economic including a shortfall in expected fundraising
Loss of the Trust's Director
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
04891164 IEngland and Wales)
Registered Charity number
1101304
Registered office
Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN213XE
Page 9

STEPHEN SPENDER TRUST (REGISTERED NUMBER: 04891164)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
Trustees
J Heawood
B Bransfield
A Niven (deceased 26.3.251
l Lucena
E Attwood
S Simmons (resigned 3.10.241
R Hart (appointed 30.7.241
Company Secretary
C Ryland
Independent Examiner
LMDB Accountants
Chartered Certified Accountants
Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN213XE
Solicltors
Eversheds LLP
Kett House
Station Road
Cambridge
CBI 2JY
Bankers
Santander UK plc
301 St Vincent Street
Glasgow
G2 5NT
Barclays Bank UK PLC
Oxford City Branch
54 Cornmarket Street
OXI 3H8
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
Page 10

STEPHEN SPENDER TRUST (REGISTERED NUMBER: 04891164)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act
2006 relating to small companies.
Approved by order of the board of trustees on
9th April 2025
and signed on its behalf by:
J Heawood - Trustee
Page 11

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
STEPHEN SPENDER TRUST
Independent examiner's report to the trustees of Stephen Spender Trust {'the Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 August 2024.
Responsibilities and basis of report
As the charity's trustees of the Company land also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
20061'the 2006 Act'l.
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of
the 2006 Act and are eligible for independent examination, I report in respect of my examination of your
charity's accounts as carried out under Section 145 of the Charities Act 20111'the 2011 Act'l. In carrying
out my examination I have followed the Directions given by the Charity Commission under Section 145151
Ibl of the 2011 Act.
Independent examlner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with
the examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006
Act; or
the accounts do not accord with those records,. or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view which is not a matter considered as
part of an independent examination,. or
the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities lapplicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS 10211.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
S A Murray FCCA
LMDB Accountants
Chartered Certified Accountants
Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN213XE
Date..
Page 12

STEPHEN SPENDER TRUST
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 AUGUST 2024
Period
1.4.22
to
31.8.23
Total
funds
Year ended
31.8.24
Total
funds
Unrestricted Restricted
fund
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
191
35,932
36,123
135,095
Charitable activities
The Stephen Spender prize
Translators in Schools
SSP Workshops
Creative Translation in Schools UOB
2,836
2,836
17,915
5,361
165
4,448
19,875
17,915
5,361
165
Investment income
371
371
174
Total
8,759
54,012
62,771
159,592
EXPENDITURE ON
Charitable actlvlties
The Stephen Spender prize
Administration and website costs
Translators in Schools
CTIC
Vi rtual Creative Tra nslation
Multilingual Festival
Multilingual Creators
SSP Workshops
Ukrai ne British Council
Ukrai ne Rothschi Id
JLC MLC Young Translators
Creative Translation in Schools UOB
103
1,702
25,806
217
17,894
25,909
1,919
17,894
45,482
6,848
8,341
16,199
1,648
25,993
3,144
5,249
32,696
27,885
4,803
4,803
14,020
3,354
9,430
9,282
14,020
3,354
9,430
9,282
Total
6,608
80,003
86,611
173,485
NET INCOME/(EXPENDITURE)
2,151
125,991)
123,8401
113,8931
RECONCILIATION OF FUNDS
Total funds brought forward
14,827
37,858
52,685
66,578
TOTAL FUNDS CARRIED FORWARD
16,978
11,867
28,845
52,685
The notes form part of these financial statements
Page 13

STEPHEN SPENDER TRUST (REGISTERED NUMBER: 04891164)
BALANCE SHEET
31 AUGUST 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
fund
funds
Notes
CURRENT ASSETS
Debtors
Cash at bank
4,331
15,690
4,331
27,558
9,340
53,196
11,868
20,021
11,868
31,889
62,536
CREDITORS
Amounts falling due within one year
{3,044)
13,0441
19,8511
NET CURRENT ASSETS
16,977
11,868
28,845
52,685
TOTAL ASSETS LESS CURRENT LIABILITIES
16,977
11,868
28,845
52,685
NET ASSETS
16,977
11,868
28,845
52,685
FUNDS
Unrestricted f unds
Restricted f unds
10
16,977
11,868
14,827
37,858
TOTAL FUNDS
28,845
52,685
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006
for the year ended 31 August 2024.
The members have not required the company to obtain an audit of its financial statements for the year
ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibi lities for
lal
ensuring that the charitable company keeps accounting records that comply with Sections 386 and
387 of the Companies Act 2006 and
preparing f inancial statements which give a true and fair view of the state of affairs of the cha ritable
company as at the end of each financial year and of its surplus or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with the
requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
charitable company.
Ibl
The notes form part of these financial statements
Page 14
continued...

STEPHEN SPENDER TRUST (REGISTERED NUMBER: 04891164)
BALANCE SHEET- continued
31 AUGUST 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable
companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
..9th.ApriL.2£).25.............. and were signed on its behalf by..
J Heawood - Trustee
The notes form part of these financial statements
Page 15

STEPHEN SPENDER TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
GENERAL INFORMATION
Stephen Spender Trust is a private company limited by guarantee and registered in England and
Wales. The registered number and registered office address can be found on the report of the
trustees.
ACCOUNTING POLICIES
Basls of preparlng the financlal statements
The fi nancial statements of the charitable company, which is a public benef it entity under FRS 102,
have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by
Charities: Statement of Recommended Practice applica ble to charities preparing thei r accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
102) (effective l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have been prepared under the historical cost convention.
Income
Income consists of donations received and grants secured by the charity during the year. These
financial resources are recognised in the Statement of Financial Activities at the date in which the
charity becomes entitled to receive the funds and the amount can be measured reliably.
Expendlture
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditu re, it is probable that a tra nsfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headings they have
been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
U nrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the charity
becomes a party to the contractual provisions of the instrument.
Page 16
continued...

STEPHEN SPENDER TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2024
ACCOUNTING POLICIES - continued
Financial instruments
Trade and other debtors and creditors are classified as basic financial instruments and are initially
measured at initial recognition at transaction price. Debtors and creditors are subsequently
measured at amortised cost using the effective interest rate method. A provision will be established
when there is objective evidence that the charity will not be able to collect all amounts due. Cash
and cash equivalents are classified as basic financial instruments and comprise cash at bank and
short-term bank deposits with an origina I maturity of three months or less wh ich a re an integral part
of the charity's cash management.
Financial liabilities issued by the charity are classified in accordance with the substance of the
contractual arrangements entered into and meet the definitions of a financial liability.
Financial assets are de-recognised when:
the contractual right to the cash f lows from the fina ncial asset expire or a re settled; or
the charity transfers to another party substantially all of the risks and rewards of ownership of the
financial asset; or
the charity, despite having retained some but not all off signif ica nt risks and rewards of ownership,
has transferred control of the asset to another party.
Financial liabilities are de-recognised only when the obligation specified in the contract is
discharged, cancelled or expires.
Employees
There were no employees in the current or preceeding year.
INVESTMENT INCOME
Period
1.4.22
to
31.8.23
Year ended
31.8.24
Bank account interest
371
174
Page 17
continued...

STEPHEN SPENDER TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2024
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 August 2024 nor for
the period ended 31 August 2023.
Trustees, expenses
During the year and the comparative period no travel expenses were reimbursed to trustees.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
U nrestricted Restricted
fund
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
2,256
132,839
135,095
Charltable actlvltles
The Stephen Spender prize
Translators i n Schools
4,448
9,150
4,448
19,875
10,725
Investment income
174
174
Total
13,155
146,437
159,592
EXPENDITURE ON
Charltable activltles
The Stephen Spender prize
Administration and webslte costs
Translators in Schools
CTIC
Virtual Creative Tra nslation
Mu Iti lingual Festival
Mu Iti lingual Creators
SSP Workshops
Ukraine British Council
Ukraine Rothschild
45,482
1,578
45,482
6,848
8,341
16,199
1,648
25,993
3,144
5,249
32,696
27,885
5,270
8,341
357
15,842
1,648
25,887
3,144
4,966
32,696
27,885
106
283
Total
14,357
159,128
173,485
NET INCOME/(EXPENDITURE)
11,202)
{12,6911
113,8931
RECONCILIATION OF FUNDS
Total funds brought forward
16,029
50,549
66.578
TOTAL FUNDS CARRIED FORWARD
14,827
37,858
52,685
Page 18
continued...

STEPHEN SPENDER TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2024
INDEPENDENT EXAMINER'S REMUNERATION
The independent examiner's remuneration amounts to an independent examiner fee of £875 for the
year12023: £830).
EMPLOYEE BENEFITS
There were O employees {2023: 0 employees) who received employee benefits of more than
£60,000.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
4,331
9,340
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Accruals and deferred income
1,444
1,600
8,266
1,585
3,044
9,851
10.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.8.24
At 1.9.23
Unrestricted funds
General fund
14,827
2,150
16,977
Restricted funds
The Stephen Spender prize
Ukraine British Council
Ukraine Rothschild
University of Birmingham
JLC MLC Young Translators
25,103
2,740
865
9,150
113,8051
12,7401
18651
19, 1501
570
11,298
570
37,858
(25,9901
11,868
TOTAL FUNDS
52,685
123.8401
28.845
Page 19
continued...

STEPHEN SPENDER TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2024
io.
MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
8,759
16,6091
2,150
Restricted funds
The Stephen Spender prize
Translators i n Schools
Ukraine British Council
Ukraine Rothschild
University of Birmingham
JLC MLC Young Translators
12,001
17,995
11,351
2,500
165
10,000
125,8061
117,9951
114,0911
13,3651
19,3151
19,4301
113,8051
12,7401
{8651
19, 1501
570
54,012
180,0021
125,9901
TOTAL FUNDS
62,771
186,6111
123,8401
Comparatlves for movement In funds
Net
movement
in funds
At
31.8.23
At 1.4.22
Unrestricted funds
General fund
16,029
11,2021
14,827
Restricted funds
The Stephen Spender prize
The Joseph Brodsky/Stephen Spender
prize
CTIC
Virtual Creative Tra nslation
Mu Iti lingual Festival
Mu Iti lingual Creators
SSP Workshops '22
Ukraine British Council
Ukraine Rothschild
University of Birmingham
3,727
21,376
25,103
4,988
11,842
1,648
22,700
3,144
2,500
14,9881
111,8421
11,6481
(22,7001
13,1441
12,5001
2,740
865
9,150
2,740
865
9,150
50,549
{12,6911
37,858
TOTAL FUNDS
66,578
113,8931
52,685
Page 20
continued...

STEPHEN SPENDER TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2024
io.
MOVEMENT IN FUNDS- continued
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
13,155
(14,3571
11,2021
Restricted funds
The Stephen Spender prize
The Joseph Brodsky/Stephen Spender
prize
CTIC
Virtual Creative Tra nslation
Mu Iti lingual Festival
Mu Iti lingual Creators
SSP Workshops '22
Ukraine British Council
Ukraine Rothschild
University of Birmingham
63,448
142,0721
21,376
14,9881
115,8421
11,6481
125,8871
13,1441
14,9661
132,6961
127,8851
14,9881
111,8421
11,6481
122,7001
13,1441
12,5001
2,740
865
9,150
4,000
3,187
2,466
35,436
28,750
9,150
146,437
1159,1281
112,6911
TOTAL FUNDS
159,592
{173,4851
113,8931
Restricted funds represent monies given to the cha rity for a particular activity as follows..
The Stephen Spender Prize - annual competition held to celebrate literary translation and encourage
future l iterary translators.
Polish Spotlight - in November 2017 Stephen Spender Trust was granted investment funding from
the Rothschild Foundation to run a pilot for a new programme that would integrate the Stephen
Spender Prize and the Translators in Schools education programmes. This project continues with
further funding f rom the British Council, the Polish Cultu ra I I nstitute and the Rothschild Foundation.
Creative Translation in the Classroom CTIC is an education programme that embeds translators in
schools, training them to co-develop and deliver workshops and projects with teachers in Key Stage
2 and 3 classrooms across Buckinghamshire and Oxfordshire. The programme is primarily funded by
the Rothschild Foundation and the Polonsky Foundation.
Virtual Creative Translation - in May 2020 Stephen Spender Trust was granted funding from Arts
Council England to develop virtual creative translation activities for young people in the UK affected
by the pandemic. The project develops virtual teaching resources and virtual training for teachers
and translators, and brings all these resources on to SST'S new website, which was launched in May
2021. The project continues Wlth funding from the Rothschild Foundation and Foyle Foundation.
Page 21
continued...

STEPHEN SPENDER TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2024
io.
MOVEMENT IN FUNDS- continued
Mu Iti lingual Festival
a project that brings creative translation and international literature into
secondary schools across London, through webinars for teachers and workshops with professional
translators, with f u nding from John Lyon's Charity. The project was initia Ily conceived in partnership
with Pop Up Projects CIC.
ii.
RELATED PARTY DISCLOSURES
During the year the charity incurred charges of £12,875 for services from Dr C Ryland who was the
charity's company secretary during the year.
Ba lances existing with related parties at the begi nn ing and end of the year were as fol lows:
31.08.24
31.08.23
Dr C Ryland
£750
370
12. GUARANTEE
In the event of a winding up, the maximum amount guaranteed to be contributed by each existing
member and from each person who was a member within the preceding 12 months is £1. At the
date of this report the number of such people is 6.
Page 22