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|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Trustees'
Report||2 to 5|
|Independent
Examiner's|Report||
|Statement ofFinancial|Activities||
|Balance Sheet|||
|Notes to the Financial|Statements|9to 22|
||||Religious|Education Council ofEngland|Education Council ofEngland|Education Council ofEngland|Education Council ofEngland|Education Council ofEngland|and|and|Wales||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Reference and Administrative|||||Details|||||||
|Chief Executive Officer||||Mike McMaster|||||||||||
|Trustees||||Trevor Cooling (Chair)|||||||||||
|||||David Francis (Deputy Chair)|||||||||||
|||||Rosemary
Rivett|(Treasurer)||(appointed||||5 December 2019)||||
|||||Deborah Weston|OBE(Company|||Secretary)|||||||
|||||Aliya Azam|||||||||||
|||||Edward Pawson|||||||||||
|||||Sandra Teacher (resigned 31|||August 2020)||||||||
|||||Philip Robinson|||||||||||
|||||Sushma
Sahajpal|(resigned|31 August||||2020)|||||
|||||Kathryn
Wright|||||||||||
|||||Sarah Lane Cawte (appointed|||I September 2019)||||||||
|||||Derek Holloway|(appointed||I September||||2019)||||
|||||Sarah
Ruth
Perlmutter
(appointed|||||I|September||2020 and|resigned|I|
|||||February 2021)|||||||||||
|||||Patricia Hannam|(appointed||I September||||2020)||||
|Secretary||||Deborah Weston|OBE(Company||||Secretary)||||||
|Principal|Office|||CAN Mezzanine|||||||||||
|||||49-51 East Street|||||||||||
|||||London|||||||||||
|||||Nl 6AH|||||||||||
|||||The charity is incorporated||in England||||and Wales.|||||
|Company|Registration||Number|05907308|||||||||||
|Charity Registration|||Number|1116543|||||||||||
|Solicitors||||Blake Lapthorn|||||||||||
|||||Harbour
Court|||||||||||
|||||Compass Road|||||||||||
|||||North Harbour|||||||||||
|||||Portsmouth|||||||||||
|||||P06 4ST|||||||||||
|Bankers||||Lloyds TSBpic|||||||||||
|||||Commarket
Street|||||||||||
|||||Oxford|||||||||||
|||||OX14AA|||||||||||
|Independent||Examiner||RWB CA Limited|||||||||||
|||||Northgate
House|||||||||||
|||||North Gate|||||||||||
|||||New Basford|||||||||||
|||||Nottingham|||||||||||
|||||NG7 7BQ|||||||||||
|||||Page I|||||||||||
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||||and Loss|es)|||
|---|---|---|---|---|---|---|
|||||||(As restated)|
||||||Total|Total|
||||Unrestricted|Restricted|2020|2019|
|||Note|||||
|Income and Endowments||from:|||||
|Donations
and legacies||3|94,611|148,446|243,057|268,646|
|Charitable
activities||4|42,950||42,950|66,008|
|Investment
income||5|18||18|18|
|Other income||6||||1,274|
|Total Income|||137,579|148,446|286,025|335,946|
|Expenditure
on:|||||||
|Raising funds||8||||(175)|
|Charitable
activities||9|(170,958)|(94,537)|(265,495)|(334,946)|
|Other expenditure||10||||(3,858)|
|Total Expenditure|||(170,958)|(94,537)|(265,495)|(338,979)|
|Net (expenditure)/Income|||(33,379)|53,909|20,530|(3,033)|
|Transfers between|funds||5,643|(5,643)|||
|Net movement
in funds|||(27,736)|48,266|20,530|(3,033)|
|Reconciliation offunds|||||||
|Total funds brought|forward||153,390|127,585|280,975|284,008|
|Total funds carried|forward|22|125,654|175,851|301,505|280,975|
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|||Balance Sheet as at|31August 2020|||
|---|---|---|---|---|---|
|||||2020|2019|
||||Note||K(As restated)|
|Fixed assets||||||
|Tangible
assets|||17|692|924|
|Current
assets||||||
|Debtors|||18|28,773|66,208|
|Cash at bank|and in hand||19|291,543|249,278|
|||||320,316|315,486|
|Creditors:
Amounts||falling due within one year|20|(19,503)|(35,435)|
|Net current|assets|||300,813|280,051|
|Net assets||||301,505|280,975|
|Funds ofthe|charity:|||||
|Restricted
income funds||||||
|Restricted
funds||||175,851|127,585|
|Unrestricted|income|funds||||
|Unrestricted|funds|||125,654|153,390|
|Total funds|||22|301,505|280,975|
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|in specific areas|has not be|en released despite the assessments
tak|ing place in|prev|ious years.||
|---|---|---|---|---|---|---|
|||||||Relating to|
||||Relating to||Relating to|prior periods|
||||the current||the prior|before the|
||||period||period|prior period|
||||disclosed|in|disclosed
in|disclosed
in|
||||these financialthese
tinancialthese
financial||||
||||statements||statements|statements|
|Funds - general|unrestricted||||20,414||
|Funds - REQM|restricted||||(20,414)||
|85,000 ofa grant received||on 4th October 2018 was previously|allocated to|the|REQM designated
fund
but it||
|has since been|determined|that the grant should have been allocated to unrestricted|||general funds.||
|has since b|een dete|rmined
that the|grant should have|been allocated to unrestric|ted|ge|neral funds.|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Relating to||
|||||Relating to||Relating to||prior|periods|
|||||the current||the prior||before the||
|||||period|||period|prior|period|
|||||disclosed|in|disclosed
in||disclosed
in||
|||||these financialthese|||fiaaucialthese||financial|
|||||statements||statements||statements||
|Donations|and legacies unrestricted||fund||||5,000|||
|Donations|and legacies designated||fund||||(5,000)|||
|Unrestricted|funds||||||5,000|||
|REQM designated||funds|||||(5,000)|||
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|3
Incom|e from|donations
and leg|acies||||
|---|---|---|---|---|---|---|
||||Unrestricted||||
||||funds|Restricted|Total|Total|
||||General|funds|2020|2019|
|||||||8(As restated)|
|Donations|and legacies;||||||
|Donations
from||individuals|2,844||2,844|11,146|
|Grants, including||capital grants;|||||
|Government
grants|||11,767||11,767||
|Grants|from other charities||80,000|148,446|228,446|257,500|
||||94,611|148,446|243,057|268,646|
||||Unrestricted|funds|Restricted|Total|
||||Designated|General|funds|funds|
|Donations|and legacies;||||||
|Donations
from||individuals||2,844||2,844|
|Grants, including||capital grants;|||||
|Government
grants||||11,767||11,767|
|Grants|from other charities|||80,000|148,446|228,446|
|Total for|2020|||94,611|148,446|243,057|
|Total for|2019||12,000|96,146|160,500|268,646|
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|4|Income from c|h|aritable
activities||||
|---|---|---|---|---|---|---|
|||||Unrestricted|funds|Total|
|||||Designated|General
f|funds|
||RECouncil||||24,235|24,235|
||RE Quality
Mark|||18,715||18,715|
|Total for 2020||||18,715|24,235|42,950|
|Total for 2019||||38,900|27,108|66,008|
|5|Investment
income||||||
||||||Uarestricted||
||||||funds|Total|
||||||General|funds|
|Interest receivable||and similar income;|||||
||Interest receivable||on bank deposits||18|18|
|Total for 2020|||||18|18|
|Total for 2019|||||18|18|
|6|Other income||||||
||||||Unrestricted||
||||||funds|Total|
||||||General|funds|
|Total for 2019|||||1,274|1,274|
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||||Unrestricted|funds||Restricted|Total|
|---|---|---|---|---|---|---|---|
||||Designated|General||funds|funds|
|Publicity
costs|||||395|4,000|4,395|
|Project delivery|||32,650|28,763||60,059|121,472|
|Employment
costs|||10,200|71,323||27,087|108,610|
|Establishment
costs||||15,459|||15,459|
|Office expenses||||2,|119||2,119|
|Printing,
stationery|and postage||88||352|64|504|
|Venue hire and equipment||hire|||416||416|
|Sundry costs||||1,256|||1,256|
|Travel and subsistence|||59|1,579||3,146|4,784|
|Bank charges|||||183||183|
|Depreciation oftangible||fixed||||||
|assets|||||231||231|
|Total for 2020|||42,997|122,076||94,356|259,429|
|Total for 2019|||59,263|118,010||149,689|326,962|
|||||||Activity||
|||||||undertaken|Total|
|||||||directly|expenditure|
|REC||||||259,428|259,428|
|Total for 2019||||||326,962|326,962|
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|Governance
costs|||||||
|---|---|---|---|---|---|---|
|||||Unrestricted|||
|||||funds|Restricted|Total|
|||||General|funds|funds|
|||||||8|
|Audit fees|||||||
|Other fees paid to auditors||||510||510|
|Independent
examiner|fees||||||
|Examination
ofthe financial|||statements|3,840||3,840|
|Trustees remuneration|and expenses|||1,103|180|1,283|
|Legal fees||||433||433|
|Total for 2020||||5,886|180|6,066|
|Total for 2019||||7,403|581|7,984|
|12 Net incoming/outgoing||resources|||||
|Net incoming/(outgoing)||resources for the year include:|||||
||||||2020|2019|
|Depreciation offixed|assets||||231|307|
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|14 Staffcosts
The aggregate
payroll costs were as follows:|||
|---|---|---|
||2020|2019|
|Staffcosts during the year were:|||
|Wages and salaries|92,514|100,117|
|Social security costs|9,760|7,438|
|Pension costs|6,336|5,295|
||108,610|112,850|
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|2020|2019|
|---|---|
|No|No|
##
|2020|2019|
|---|---|
|3,840|4,080|
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|17 Tangible
fixed assets||||
|---|---|---|---|
||Furniture|and||
||equipment||Total|
|Cost||||
|At
I September 2019||4,103|4,103|
|At 31 August 2020||4,103|4,103|
|Depreciation||||
|At
I September 2019||3,180|3,180|
|Charge for the year||231|231|
|At 31 August 2020||3,411|3,411|
|Net book value||||
|At 31 August 2020||692|692|
|At 31 August 2019||923|923|
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|18 Debtors||||||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|Trade debtors||||||26,775|18,274|
|Prepayments||||||1,082|2,542|
|Accrued income|||||||42,500|
|Other debtors||||||916|2,892|
|||||||28,773|66,208|
|19 Cash and cash||equivalents||||||
|||||||2020|2019|
|Cash on hand||||||2|40|
|Cash at bank||||||256,456|214,170|
|Short-term
deposits||||||35,085|35,068|
|||||||291,543|249,278|
|20 Creditors:|amounts||falling due within||one year|||
|||||||2020|2019|
|Trade creditors||||||171|775|
|Other taxation|and|social security||||847|2,129|
|Other creditors|||||||2,480|
|Pension scheme creditor||||||1,199|(437)|
|Accruals||||||14,066|10,488|
|Deferred income||||||3,220|20,000|
|||||||19,503|35,435|
|||||||2020|2019|
|Deferred income at||1 September||2019||(20,000)||
|Resources deferred||in the period||||(3,220)|(20,000)|
|Amounts
released from previous||||periods||20,000||
|Deferred income at||year|end|||(3,220)|(20,000)|
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|22 Funds|||||||
|---|---|---|---|---|---|---|
|||Balance at 1||||Balance at|
|||September|Incoming|Resources||31August|
|||2019|resources|expended|Transfers|2020|
|Unrestricted|||||||
|General|||||||
|Unrestricted|income fund|139,924|118,864|(127,961)|(5,173)|125,654|
|Designated|||||||
|RE Quality|Mark|13,466|18,715|(42,997)|10,816||
|Total Unrestricted||153,390|137,579|(170,958)|5,643|125,654|
|Restricted|||||||
|RE PR Committee||3,248|||1,000|4,248|
|RE Quality|Mark|4,000|4,000|||8,000|
|PR Group Joint||101,223|30,000|(51,670)|(1,032)|78,521|
|Young Ambassadors||10,471||(1,000)||9,471|
|RE Teacher|Recruitment||||||
|Project||(992)|5,000|(5,000)|992||
|Commission|on RE|9,635||(3,032)|(6,603)||
|Lan Project|||10,000|(4,700)||5,300|
|Worldview|Project||99,446|(29,135)||70,311|
|Total restricted||127,585|148,446|(94,537)|(5,643)|175,851|
|Total funds||280,975|286,025|(265,495)||301,505|
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||Notes to the Fin|ancial Statements
for|the Year Ende|d 31August|2020|
|---|---|---|---|---|---|
||||||Total funds at|
|||Unrestricted|funds|Restricted|31August|
|||General
f|Designated|fundsf|2019
f|
|Tangible|fixed assets|923|||923|
|Current|assets|170,932|15,206|129,349|315,487|
|Current|liabilities|(31,931)|(1,740)|(1,764)|(35,435)|
|Total net assets||139,924|13,466|127,585|280,975|
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