Churches Together in Earley and East Reading
Schools Project
(A Company timited by Guarantee and not having a Share Capital)
Financial statements for the period ended 31 August 2024
Company Registration Nwnber: 5254133 (England and Wales)
Charity Registration Number 11(Y9291

Churches Together in Earley and East Reading Schools Project
Contents
Pages
Administrative detai]s
Directors, and Trnstees, Strategic Report
3to5
Directors, and Trustees. Annual Report
6t08
Independent Examinerfs report
Statement of Financial Activities including Income and Expenditure Account
io
Balance shttt
li
Notes to the Financial Statements
12to15

Churches Together in Earley and East Reading Schools Project
Administrative details
Registered Office
St. Nicolas Church Office
33 SutcIiffe Avenue
Earley
Reading RG6 7JN
Date of Incorporation
Company Registration Number
Charity Registration Number
8 October 2004
5254233
1109291
Directors
Reverend Jonathan Salmon (Resigned 25 March 2025)
Mr Christopher Greaves
Reverend April Beckerleg (Resigned 31 July 2024)
Reverend Richard Bainbridge (Chair)
Maame Serwah Mensah (Appointed 16 May 2024)
Russell Howes (Appointed 16 January 2025)
Company Secretary
Emma West
10 Maiden Erlegh Drive
Earley, Reading RG6 7HP
Independent Reporting Accountant
Mrs Claire Connell
86 Silverdale Road
EarIey
Reading RG6 7LT
Bankers
The c￿Operative Bank
PO Box 250
Delf House
Southway
SkelmersdaIe WN8 6WT

Churches Together in Earley and East Reading Schools Project
Directors, and Trustees, Strategic Report for the year ended 31st August 2024
Principal activities:
The COmpan￿S objects are stated in its Memorandum of Association as:
"To advance religion, in particular the Christian religion, and advance education by enabling local churches to
support Iocal school communities in the religious education and spiritual development of their pupils,
especially in the areas of Earley and East Readyng." These objecys also form the charity's purpose.
These activities were previously carried out by Churches Together in Earley and East Reading Schools Project
(CFEER Schools Project), linked to, but separateIy accounted for, Churches Together in Earley and East Reading
(CTEER). All activities and the funds in hand were transferred to the company on incorporation. On 27
September 2005, the Project was relaunched by the trustees as REinspired with the vision of "Enabling schools
and their pupils to develop spiritually and engage creatively with faith." This vision was subsequently
developed further to recognise that the local churches are now fully engaged with the local schools and now
reads "Our Vision is to see all school pupils, spiritual development and religious education enhanced by
creative engagement with people of faith in an educational framework"
The charity trustees have regard to the Charity Commission's public benefit guidance when exercising any
powers or duties to which the guidance is relevant. The paragraphs beIow review the business and future
developments of the organisation and show how, Kn engaging with schools, REinspired is led by the RE
curriculum to maintain and grow its relationship with its community and ensures the value of its work through
a process of regular evaluation, collective discussion and feedback with both users and deliverers. The Ievel of
trust afforded the organisation by the schools and Ofsted underwrites its value to the collununity served. All
funds are awarded through individuaI, church, school and grant making bodies through regular
communication and individually prepared project proposal and monitoring ensuring detailed dÉrertÉon,
transparency, and reflectKon.
Review of business and future developments
The work of REin5pired resources and refreshes the RE curricuIum in locaI schools and builds lasting and
trustworthy relationships between schools and their neighbouring churches. Most importantly it engages and
informs children about ChrAstianity and its meaning and purpose.
The support of the Jerusalem Trust, the Baptist Union, other locaI Trusts and from 2021/22 the LauderdaIe
Trust, has enabled this work to spread ftom a secure and experienced hub in Earley and East Reading to form
new hubs which, whiIst utilising centrally produced lesson plans and are mentored and supported by the
centre, continue to grow and expand their individuaI orfer as seIE-supporting entities. Since its conception the
support and trust placed in REinspired by grant funders has ensured that early interest has been nurtured and
mentored into the estabIishment of solid, largely independent groups. Each year new growth is developing
allowing a continual presence of REinspired famiIy Lnembers at varying stages of independence. The Covid
pandemic of 2020/21 meant that the central organisation needed to adapt to the resulting restrictions and
challenges as delivery in schools took drfferent variations, but these adaptations ensured the sustainability of
the organisation and it, together with its programEne of delivery, has grown and been strengthened as a TesuIt.
A bank of recorded sessions now allows the organisatÉon to deliver both in person and online allowing
flexibility for the schoo]s as customers and a wider and more developed product model to share with potential
new interested parties.
During 2023/24 the REinspired team have continued to work with schools to ensure that all year groups have
the full live experience where possible with pre-recorded material only being used where necessary as schools
have confirmed their unilateral preference for in person engagement which has cemented the vision and ethos
of the organisation" one bonus of the pandemic. Efforts to grow volunteer numbers alongside some funding in
2023/24 have resulted in a small increase in volunteers with relationships with school staff, who have been
helping in the sessions, having continued to grow.

Churches Together in Earley and East Reading Schools Project
Directors, and Trustees, Strategic Report {cont'd)
New material for the locaI schools prepared to deliver in shorter sessions was trialled in 2022/23 where it has
become noticeabIe that younger children are not able to concentrate for longer periods since the pandemic.
These shorter sessions have also proved valuabIe where voIunteer numbers are lower and so the same session is
delivered twice. This material, trialled in one local primary schools, has now been rolled out to other local and
national teams who have experienced Iow volunteer numbers. Schools continue to welcome and applaud our
work at a time where REbooks have highlighted a reduction in RE delivery in schools post pandemic.
In 2023/24 we have delivered 173 primary sessions a 5% growth over last year. Secondary school delivery has
dropped slightly to 92 sessions across 3 secondary schools. Collectively REinspired encountered 13,893 (13,175
22/23) children and young adults over the course of the year.
Looking forward to 2024/25 Berkshire Local Authority are changing their syllabus. Discovery is no Ionger
supported having been replaced by Jigsaw. PreviousIy just PHSE, Jigsaw now holds all RE with a focus on
world religion as well as wellbeing. but it is unclear whether it meets the new Berkshire syllabus criteria. The
organisation is looking at opportunities to work with Oxford Diocese as part of the strategy to meet the Deanery
Plan and will continue to look for opportuntties to recruit more volunteers alongside attracting more trustees to
the board. Training opportunities will be provided alongside the requisite safeguarding training and checks
being put in place. Volunteers have been encouraged to continue to support us with craft preparation even
where they are unable to be involved in the delivery either through protocol or personal choice" some will
continue to do this in preference to returning to the classroom. The organisation is pursuing new hubs both
locally and from further afield initiated organically through geographical movement of personal previously
involved in the Earley hub or interest generated through the website and search engines. Just outside the Earley
hub delivery is now strong in Southcote, Central Readin& and Wargrave.
REinspired is a muIti-denominational organisation that grew out of the desire of the locaI Churches Together
organxsatton to develop a means of working more closely with the local schools and children to Iead to a greater
understanding and appreciation of the Christian faith acTOSS the aTea. Representatives come from across the
Christian faith at all Ievels,. Volunteer and paid Team Leader at ground level to a cross denominational Trnstee
board and supporting Churches Together network. Our mission has always been to help schools, pupiIs and
their wider communities engage creatively with faith and spirituality by delivering ReIÉgious Education
curriculum driven Iessons in accordance with the locally agreed syllabus. In Earley and East Readin& the hub
of the whoIe REinspAred family, we support a home provision of 12 primary schools and 3 secondary schools,
with our portfolio of lessons continuing to grow. The REinspired modeI works successfully by using a small
team of paid Team Leaders supported by a volunteer base of Trustees and 70 {previously 65) individuals who
corne from across a wide range of chuich backgrounds. Funding is a challenge faced by all organisations as they
develop, but Trustees remain solid in their beIief in the durability of the REinspired model and its gift to the
schools it supports especially during these uncertain times.
Local churches. individuals, The Kiraith Trust, and Milwards Trust have remained strong in their support of the
organisation and funding was awarded during 2021/22 by the Lauderdale Trust for 3 years amounting to
£39,000 to establish how we can further systemise and grow. Furthermore. funding of £10,000 (split £5,000
2022/23, £5,000 23/24) was awarded by Readings Relief in Need Fund last year and in 2023/24 has seen £3,(K)O
from the EnglefieLd CharitabIe Trust and £2,500 from the Souter Charitable Trust.
The organisation employs Team LEaders covering 52 hours per week term time only for the 12 primary schools
in Earley and East Reading. They are supported by a Project Director working a 3-day contract (21 hours per
week) and part ttme {9 hours per week termtime) Communications Manager. REinspired reguIarIy support
their paid and volunteer family with training, mentoring and, annually, with a day retreat to allow reflection
and personal quiet space.
At the time of account signing the organisation held sufficient operationaI funds as a going concern and has
demonstrated that the flexibility of the model is such that adaptations can be made to fit class and volunteer
number fluctuations.
The company acts through directors, who are also charity trustees.

Churches Together in Earley and East Reading Schools l)roject
Directors, and Trnstees, Strategic Report (cont'd)
Results
The Income and Expenditure Account summarises the companVs income and expendÉture for the year and
shows incoming resources stable at £64,073.
The nathre of the company's activities means that it is critically dependant on funding from churches and
individuals alongside charitable grants covering ordinary operating costs and others awarded for specific
projects. In order for the company to carry out its duties it has to employ staff on a part and full time basis.
Consequently, the company need5 to build up its reserves and secure ongoing funding for its operationak costs
such as staff salaries. The local provision of REinspired delivery is self-financing from local Trusts, individual
donators and churches. National expansion and the paid support of marketing and communications functions
is the element requiring annual re-evaluation.
The result for the financiaI year to 31 August 2024 amounted to a profit of a3,883 (period ended August 2023
profit a2,631). This amount has been appropriated as follows:
Profit for the financial period
13,883
Accumulated Surplus brought forward
Accumulated Surplus carried forward t() include £587 in a designated fLmd for asset
replacement
34.692
48,575
Risk Assessment and Management
The trustees have considered the rnajor risks to which the company is exposed and the systems that have been
established to mitigate these risks. Many of these risks are appropriately covered by the insurance poltcies and
its poIicies on child protection, which are collununicated to all staff, volunteers and representatives. The
financial risks associated with dependence on annual funding from churches are being addressed by
encouraging increasing their quarterly direct debit schemes and by the efforts of trustees and volunteers in
securing long term funding from individuals and grant giving charities and trusts by communicating the
compan￿5 aspirations to the widest possible audience despite the challenges faced by all organisations in
receiving funding. On Saturday 3 October 2020 St Nicolas Church and Centre, where REinspired have an office,
was broken into and a small number of items stolen. This resuIted in a clai]n, now settled, of £3,142 with some
items now having been replaced. A thorough assessment of asset valuation has been completed with the
insurers to ensure that the company is fully covered. A new computer has been purchased in this finance year
and a residual balance of £587 remains held in reserves on the balance sheet against remaÉning replacement
asset purchases.
Approved by the Board and signed on behalf of the Board by Reverend Richard Bainbridge, Director, dated 13
March 2025

Churches Together in Earley and East Reading Schools Project
Directors, Report
The directors present their annual report on the affairs of the company, together with the financial statements
and accountants, reporL for the period ended 31 August 2024.
Results
The results for the year to 31 August 2024 are set out in the Income and Expenditure account on page 10. The
results for the year and future developments have been discussed in the Strategic Report on pages 3 to 5.
Communication with supporters is an essenttal part of maintaining both financial and spiritual support. Termly
newsletters sent to volunteers, supporters and friends are suppIemented by weekly Facebook posts.
www.reins
ired.or
.uk the website of REinspired, is both current and imaginative having been reviewed and
updated with fresh content and updated presentation. The pandemic allowed the organisation to recognise that
the delivery model was suitable for multimedia adaptation when required and this materiaI has been made
available to the wider REinspired family. In addition, the organisation has also been undertaking exercises to
future proof the sharing of its material to ensure consistency of delivery and the protection of the REinspired
ethos and values. The website embraces the interaction of various mediums and contains in£orn￿tIOn about
REinspired and other groups using our methodoIogy with additional articles and case studies that will be
useful for any organisation or potential new delivery hub interested in pursuing the REinspiTed model utilising
the collection of lesson plans and associated resources that are available for browsing and downloading.
The organisation has trained Angjican, Methodist and Baptist cIergy in its methodoIogy. In our local
multicultural society REinspiTed has been leading the way since its inception and will continue to do so with
the support of funders, staff. volunteers and schools. We do not sell our services, and neither would our schools
be able to pay for our sessions, but local schools we work with have gifted us monies as a contribution to what
they see as a quality resource. We have been encouraged by the continuance of small grants this financial year
amounting to £25,800.
Directors Responsibilities
The Directors of the company for the whole period were as follows:
Reverend Richard Bainbridge
Reverend Jonathan Salmon
Mr Christopher Greaves
And for the part period:
Reverend April BeckeTleg (ReSi￿ed from the Board 31 July 2024).
Maame Serwah Mensah (Appointed 16 May 2024)
Reverend Jonathan Salmon resigned from the Board 25 March 2025 and Russell Howes was appointed to the
Board on 16 January 2025.
The Board has power to appoint new trustees from ttme to time provided that the tt)tal number of trnstees does
not exceed nine and at Ieast two-thirds of the trustees are from churches participaling in the Schools Project. No
further Trustees have been appointed to date.
The company did not enter into any signifi'cant contract or arrangement during the period in which any director
had a material interest.

Churches Together in EarIey and East Reading Schools Project
Employees
The company strives to meet its objectives by training. motivating and encouraging its employees to be
responsive to the needs of the schools and children. The company has made a commitment to provide
employees with the opportunity to improve their skill base and assist them in managing theiT own development
through training.
The company recognises its obligations to give full and fair consideration to appIications from disabled persons
and younger or older persons for all vacancies, in keeping with the medical requirements applicable for the role
and according to the skills and capabilities of applicants. Wherever reasonable and practicable, the company
would retain existing empIoyees becoming disabled during their period of employment and provide fair
opportunities for their career advancement.
Changes to the National Minimum wage and a desire by the organisation to fairly reward its staff loyalty at a
time of increased financial hardship has led the directors to award a pay increase from April 2025 of 6.7% of
salary.
Statement of directors, responsibilities
The trustees (who are also directors for the purposes of company law) are responsible for preparing the
Trustees, Annual Report (including the Strategic Report) and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
Company law requires the trustees to prepare financial statements for each financiaI year, which give a true and
fair view of the state of affairs of the charitable company and of the incoming resources and application of
resources, including the income and expendiknre, of the charitable company for that period. In preparing these
financial statements, the trustees are required to.
seIect suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP 2019 (FRS 102);
make judgements and estimates that are reasonable and prudent,.
state whether applicable UK Accounting Standards have been followed, subiect to any
material departures disclosed and explained in the financial statements.
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charitable company will continue in operation.
The trustees are responsibIe for keeping adequate accounting records that discIose with reasonable accuracy at
any time the financial position of the charitable company and enable them to ensure that the financial
statements comply with the Cornpanies Act 2006. They are also responsibIe for safeguarding the assets of the
charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
Supplier payment policy
It is the compansqs policy to settle the terms of payment with suppIiers when agreeing each transaction or series
of transactions, to ensure suppliers are aware of these terms and to abide by them. Throughout the period, the
business D￿IntaIned an average suppliers, day outstanding of 30 days.
Health and Safety, Corporate Responsibility and Waste
Working safely and our responsibility to our employees, the schools, teachers and their pupils is fundamental to
everything we do at REinspired. Risk assessments are undertaken for all our activitÉes and all our employees,
Trnstees and volunteers are vetted by the Disclosure and Barring Service (DBS) in our goal 0£ maintaining a safe
environment. The Project Manager and one of the Trustees have designated responsibility for risk identification
and management.

Churches Together in Earley and East Reading Schools l)roject
REinspired as an organisation is committEd to ils environmental responsibilities and we have worked hard to
improve our environmental performance in reducing the voIume of paper and printing so attempting to
minimise our own environmental impact.
By providing lessons in churches local to the schools we can reduce the need for vehicle transport and by
providing bus transportation to the annual Transition Event we can reduce the number of cars needed to take
small numbers of children.
We challenge our energy usage and wastage by reducing printing and purchasing, where possible, more
environmentally efficient technology. We promote the recycling of our materials where feasible.
The OTganisation has supported training and appointed a dedicated trustee in recognition of the impact of
significant changes in the Data Protection Laws in 2018.
Reserves policy
It is the companrfs policy to hold sufficient funds to settle the costs of closure including redundancy. Over 90%
of company expenditure goes directly on education costs with almost all montes raised IEing used direclly in
the business in the year it is raised.
Audit exemption
Exemptions from audit under The Companies Act 2006 and the Charities Act 2011 have been taken advantage
of by the trustees. Ms Claire Connell was appointed as Independent Examiner.
Approved by the Board on 13 March 2025
On behalf of the Board
Reverend Richard Bainbridge
Dated 13 March 2025
St. Nicolas Church Office
33 Sutcliffe Avenue
Earley
Reading RG6 7JN

Churches Together in Earley and East Reading Schools Project
Independent Examiner's Report
Independent examiner's report to the trustees of cfEER Schools Project
I report to the charity trustees on my examination of the accounts of the company for the year ended 3151 August
2024 which are set out on pages 10 to 15.
Responsibilities and basis of report
As the charity trustees of the company (and also its directors foT the purposes of company law) you are
responsible foT the preparation of the accounts in accordance with the requirements of the Companies Act 2006
('the 2006 ACY).
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 compan￿$
accounts as carried out under section 145 of the Chaiities Act 2011 ('the 2011 ACV). In carrying out my
examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the
2011 Act.
Independent examiner'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 that in any material respect..
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 vieM4 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 principIes of the Statement of
Recommended Practice for accounting and reporting by charities applicable to charities preparing their
accounts in accordance with the Financial Repoiting Standard applicable in the UK and Republic of Ireland
(FRS 102).
I have no conceTns 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.
Mrs Claire Connell
Chartered Accountant and Chartered Tax Advisor
86 Silverdale Road
Earley
Reading RG6 7LT
i?

Churches Together in Earley and East Reading Schools Project
Statement of Financial Activities including Income and Expenditure Account
For the year ending 31 August 2024
52 Weeks
ended 31
August 2024
52 Weeks
ended 31
August 2023
Notes
Income
Donations from Churches
Grants
Donations from Individuals
Other
16,784
25,8(Kl
15,323
6,166
18,359
20,533
21,130
5,913
64,073
65,935
Expenditure
Expenditure on charitable activities
{50,189)
(53,304)
{50,189)
(53,304)
Operating Surplus/ (Loss)
Income from fixed asset investments
13,883
12,631
Surplus/ (loss) on ordinary activities before interest and
taxation
Interest receivable and similar income
13,883
12,631
Surplus/ (loss) on ordinary activities before taxation
Taxation on profit on ordinary activAties
I3￿83
12,631
Surplus1 (loss) for the financial period
13,883
12,631
Retained surpIus/ {loss) for the financial period
12
13,883
12,631
Accumulated surplus brought fonvard
12
34,692
22,061
Accumulated surplus carried forward
12
48,575
34,692
The results for the period are derived wholly from continuing operations.
There are no restricted or endowment fLmds.
There are no recognised gains and losses other than the reported surplus for each period.
There are no differences between the profit on ordinary activities before taxation and the retained profit for the
year stated above and their historical cost equivalents.
io

Churches Together in Earley and East Reading Schools Project
Company Registration Number.. 5254233
Balance Sheet
As at 31 August 2024
Notes
31 August
2024
31 August
2023
Fixed assets
TangibIe fixed assets
894
894
1.024
1,024
Current assets
Debtors
3218
4,292
Cash at bank and in hand
45,619
48037
(1,156)
29,668
33,960
292
Creditors - amounts falling due within one year
Net eurrent assets
47,681
33,668
Net assets
48575
34,692
Capital and reserves
Called Up Share Capital
Asset Designated Fund
Unrestricted Accumulated Funds
li
12
12
Nil
587
47,988
48,575
Nil
33,596
34,692
The flnancial statements on pages 10 to 16 were approved by the trustees on 13 March 2025. The Notes
referred to above form part of these financial statements.
For the financial period ended 31 August 2024, the charity is entitled to exemption from audit under section
144{2) of the Charities Act 2011 and subsection l of section 477 of the Companies Act 2006.
Directors, responsibilities..
The members have not required the company to obtain an audit of its financiaI statements for the year in
question in accordance with section 476 of the CompanKes Act 2006.
The directors acknowledge their responsibility for compIying with the requirements of the Companies Act
2006 and Charities Act 2011 with respect to accounttng records and preparation of financial statements.
These accounts have been prepared in accordance with the provisions appIicable to small companies subject
to the small companies regime and in accordance with FRS102 SORP.
Signed on behalf of the Board
M Mensah
Director
R Bainbridge
Director
IIu4
li

Churches Together in Earley and East Reading Schools Project
Company Registration NumbeT'. 5254233
Notes to the financial statements
For the year ended 31st August 2024
l Accounting policies
The principal accounting policies, which have been applied consistently throughout the financial period and
the preceding £inancial period, are as follows:
17) Bosis officcounting
Churches Together in Earley and East Reading Schools Project is company limited by guarantee and has no
share capital. In the event of the charity being wound up, the liability in respect of the guarantee is Itmited to
£1 per member of the charity. The address of the registered office is given in the charity information on page
2 of these financial statements. The nature of the charitys operations and principal activities are as
described on page 3.
The chaTity constitutes a public benefit entity as defined by FRS 102. The financial statements have been
prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of IreIand (FRS 102) issued in October 2019, the Financial Reporting
Standard applicable in the United Kingdom and Republic of Iieland (FRS 102), the Charities Act 2011, the
Companies Act 2006 and UK Generally Accepted AccountAng Practice.
The charity does not include a cash flow statement on the grounds that it is applying FRS 102 Section IA.
The financial statements are prepared on a going concern basis under the historical cost convention,
modrfied to include certain items at fair value. The financial statements are presented in sterling which is
the Eunctional currency of the charity and rounded to the nearest £1.
b) Going Concern
The nature of the charity's activities means that it is entirely dependant on donations from churches,
individuals and other charitable organisations. To carry out its duties it employs 5 part-time sta£f. Reserves
together with grants received early in the next financial year are sufficient to continue to employ these staff
over the forthcoming year.
c) Tangiblefixed assets
Tangible fixed assets, which comprise office and computeT equipment, are shown at original historic cost net
of depreciation as set out in note 5.
Depreciation is provided at rates calculated to write off the cost, Iess estimated residual value, of each asset
on a straight line basis over its estimated usefuI life. All office and computer equipment has been given a
useful life of 4 years.
d) Incom£
All income is recognised once the charity has entitlement to the income, there is suffAcient certainty of receipt
and so it is probable the income will be received, and the amount of income receivable can be measured
reliably. In practice, income received by way of donations is included in the year in which it is received.
12

Churches Together in Earley and East Reading Schools Project
Notes to the financial statements {cont'd)
For the year ended 31st August 2024
e) Expendithre
Expenditure is included on the accruals basis and is recognised in the period in which there is a legaI or
constructtve obligation to pay for the expenditure. The Company is not registered for VAT and accordingIy
expenditure is shown inclusive of irrecoverable VAT.
ToxAtion
No corporation tax liability arises in respect of any income of the company in view of its registered charity
status.
2 Segmental inforniation
The turnover and profit on ordinary activities before taxation were derived wholly from the company's
principal activities within the United Kingdom.
3 Expenditure on charitable activities
The operating profit for the period is stated after charging/ (credifing):
2024
2023
Expenditure on charitable activities..
Direct costs:
Staff costs
Wages and salaries
- Income Tax and &)cial &curAty cost
- Pension cost
- Recruitment and Child Protection
Materials and consumables
Conference Fees/ Training
Depreciation (see note 5)
Other
Subtotal.. direct cost5
39,302
1,492
3,834
197
2,999
135
639
40.102
3,593
3,901
469
3,012
145
511
48,598
51,733
Support costs (management and administration):
Insurance
Independent Accountanys Fees & Companies House Charges
Other Professional Fees
Other
Subtotlll.. support costs
1,346
loo
1,248
126
145
1,591
197
1.571
Total expendth4re on charitllble actiuities
50,189
53,304
£100 has been accrued for fees relattng to the Independent Accountangs examination (2023 - £100), there
were no non-audit fees during this or the previous period. No employees received total employee benefits
(excluding employer pension costs) of more than £60,000.
13

Churches Together in Earley and East Reading Schools Project
Notes to the financial statements (cont'd)
For the year ended 31st August 2024
3 Expenditure on charitable activities (cont'd)
Emoluments and Expenses of directors (including pension contributions) were:
2024
2023
Emoluments and Expenses
Nil
Nil
The average monthly number of persons employed by the company (including executive directors) during
the financial period is analysed below:
2024
Number
2023
Number
Operations
Administration
4 Taxation on PTofit on Ordinary activities
No corporation tax liability arises in respect of any income of the company in view of its registered charity
status.
5 TangibIe fAxed assets
The following are included in the net book value of tangible fixed assets:
Plant and Equipment
Owned
Cost
Beginning of the period
Additions
Disposal of Lrfe Expired Assets
End of the period
Depreciation
Beginning of the period
Charge for the period
Disposal of Lrfe Expired Assets
End of the period
Net Book Value
End of the period
Beginning of the period
2,046
2555
1,022
639
1,661
894
1,024
6 Debtors
2024
2023
Amounts falling due within one year:
Gift Aid CIaim
Other
3,218
4,292
3,218
4,292
14

Churches Together in EarIey and East Reading Schools Project
Notes to the financial statements (cont'd)
For the year ended 31st August 2024
7 Cash In Hand and Bank
2024
2023
C(FOperative Bank
45,619
29,668
8 Creditors
2024
2023
Amounts falling due within one year:
Accruals
1,157
292
1,157
292
9 Contingent Liabilities
The Company had no contingent liabilities at 31 August 2024 {2023.. £Nil).
10 Related Party Transactions
Total donations in the year received without conditions from the Directors were £600 (2023: £2,345).
There were no related party transactions in the year.
11 Share CapitaI
The Company is limited by guarantee and does not have any Share Capital. The Company has 5 members
and their individual liability towards the company's debts is limited to £1 each in the event of the company
being wound up within 12 months of ceasing to be a member.
12 Aecumulated Funds
The movement in the accumulated fund can be analysed as follows:
2024
1 September 2023
34,692
Retained Profit/ (loss) for the fAnancial period
13,883
31 August 2024
48575
15