Company registration number: 05907308
Charity registration number.. 1116543
Religious Education Council of England and Wales
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 August 2024
RWB CA Limited
Northgate House
North Gale
New Basford
Nottingham
NG7 7BQ

Religious Education Council of England and Wales
Contents
Reference and Administrative Details
Trustees, Report
2to6
Independent Examiner's Report
Statement of Financial Activities
8t09
Balance Sheet
10
Notes to the Financial Statements
11 to24

Religious Education Council of England and Wales
Reference and Administrative Details
Chair
Sarah Lane Cawte
Chief Executive Officer
Andrew Nottage
Secretary
Deborah Weston OBE
Charity Registration Number
1116543
Company Registration Number
05907308
The Charity is incorporated in England and Wales.
Northgate House
Northgate
New Basford
Nottingham
NG7 7BQ
RIVB CA Limited
Northgate House
North Gate
New Basford
Nottingham
NG7 7BQ
Blake Morgan LLP
Apex Plaza
Forbury Road
Reading
RGI IAX
Registered Offiee
Independent Examiner
Solicitors:
Bankers
Lloyds TSB plc
Cornmarket Street
Oxford
OXI 4AA
Page I

Religious Education Council of England and Wales
Trustees, Report
The trustees, who are directors for the purposes of company law, present the annual report together with the
financial statements and auditors, report of the charitable company for the year ended 31 Augusl 2024.
Reference Administralive detgils
Reference and administrative details are Showi on page l of the financial statements.
Objective5 and #ctivities
Th¢ Council'5 objectives are the advancement of ¢ducation ihrough the promotion of religious ¢du¢ation in
schoo15 and places of further education and hi￿er education. Each year the trustees review the Council's
activities to ensure that they continue to reflect its objectives. In carrying out this review th¢ trustees have
considered the Charity Commission's general guidance on public benefit and in particular ils supplemenlary
guidance on the advancement of education for the public benefit.
The Council works under a strat¢gi¢ plan that has been developed and approved by the trustees with the
harilable objectives in mind. The strategic plan sets out the key aims for the Council's work.
The Council's vision is for every young person to experience an academically rigorous and personally inspiring
education in religions and non-religious worldviews.
Being an organi5ation with diverse memb¢r5hip, the Council seeks to work in a way that embodie5 values of
co-operation, ¢ollaboration, openness, integrity, mulual respect and critical engagement.
Working with and through its member bodies, the Council seeks to:
Be a clear national voice for the advocacy. support and improvemenl of RE
• Promote the highest possible standards of RE in all schools, in all colleges and in teacher educalion
Influence policy proactively with government and other national and intemational bodies
Promote a positive public understanding of RE and its value to young people and wider society
Represent at a strategic level the collective interest5 of its member bodies in relation to RE
The Council's stralegic obje¢tives are..
l. To promole high quality teaching, leaming and assessment in RE
2. To influen¢e the development of publi¢ policy to encourage and support high quality RE
3. To enhan¢c public understanding of RE and its value to young people and wider society
4. To secure ¢ffective structures and operation for the Council
5. To se¢ure adequate and sustainable resources for the Council
The Council's impact areas are:
We will achieve our mission in 2021-2026 by..
l. Campaigning and advocating for high quality education in religion and worldviews
2. Building thriving relationships within the REC
3. Creating a fit for purpose and subslainable REC
Page 2

Religious Education Council of England and Wales
Trustees, Report
Achievements and performance
At each Board meeting time was spent analysing current issues relating to RE and RVE, deciding appropriate
strategies for engaging Welsh Government. and HM Government in re5pe¢t of England, to promoting religious
education, and to responding lo initiativ¢s which appeared lo be having negative consequences on RE and RVE.
The organisalion was plea5¢d to complete a major, multi-year piece of work: the Religion and Worldviews
Handbook and framework5. The work was launched and presented to the Council on 2nd May 2024 al the
Council'5 AGM. The project primarily funded by The Templeton World Charitable Foundation, with support
from Westhill Endowment Trust, took three years to Complete. The end product was a handbook delivering a
guide for developing ncw curricula through a Religion and Worldviews Approach lo RE. It was accompanied by
two exemplar frameworks and sets of resources. The Handbook had a wide impact and was downloaded 886
times by the end of the period to August '24.
The RE Quality Mark continued to celebrate high quality RE in schools. The project had fewer schools
undertake the award this year, however. those who undertook the award continued to see strong impact upon the
quality of their RE. The award helps raise the profile of the subject in schools.
Through the joint working group, the RE Policy Unit, the Council has campaigned for improvements in the
subject. Thi5 included working with a PR ¢ompany to ensure article5 promoting ihe subject are made available
in Ihe national press. and recruiling champions to speak about RE. We worked with a company, Politicomms, to
arrange meetings with MP'S and government minist¢rs. During the year. REPU ran a successful REady for Work
campaign with Lord Billimoria. This campaign highlighted ihe value of the subject for ihe workplace and for
pupils. future careers
The Council hosted webinars for member organisations. These included a webinar connecting teachers and
univer5iti¢s, with TRS UK, and a webinar on the Religion and Worldview5 Handbook.
The Council adopted a National Content Standard for RE in England (NCS). This is aimed at lackling the
problem of inconsistent standards in RE. by providing a benchmark for the standard RE content. The NCS has
been endorsed by a number of RE Council member organi5ations and academy trusts. it highlights areas of
consensus within ihe RE profession
Page 3

Religious Education Council of England and Wales
Trustees, Report
Financial review
During the year. Ihe Board monitored the Council's financial position and discussed proposals for sustaining the
work and profile of the Council in challenging financial circumstance5. Budgels and financial reports were
pres¢nted to the Board to ensure trustees were fully aware of the Council's financial position and proposals were
discussed for suslaining ihe work and profile of the Council into the future.
In tem]s of ￿ndIng core costs, the Council has enjoyed continuing support from a range of funders. A calculated
percentage contribution to core costs of typically between IOD/o and 200/0 is made from all funded projects.
Expenditure from all grants received during the year continues lo be carefully monitored and has Come within
budget. Regular reports were made to the grant providers.
As at year end, total reserve5 were £226,105 out of which £27.191 were in restricted funds and £198.914 were
avaiable as free reserves.
Policy on reserves
The Reserves Policy was increased to £IOO.000 for the year. This was due to Concerns the Religion and
Worldviews Handbook project's funding may be impacted by exchange rates; these concems did not
materialis¢. The reserves policy also covered notice periods required for staff. contractual obligations and a legal
fe¢ contingency.
Trustees and officers
The trusle¢s and officers serving during the year and since the year end were as follows..
Trustees..
Sarah Lane Cawte (Chair)
Edward Pawson (Deputy Chair) (resigned 31 August 2024)
Rosemary Rivett (Treasurer)
Deborah Weston OBE
Aliya Azam (appointed I September 2023)
Sandra Teacher (resigned 31 August 2024)
Philip Robinson
Dr Kathryn Wright
Paul Smalley
Kathy Riddi¢k
Dr Celin¢ Benoit
Ramesh Pattni (resigned 20 October 2023)
Dr Sheila Jeanne Gewolb (&ppoinled 18 November 2023)
Elizabeth Anne Jones (appointed 16 November 2023)
Tanuja Shukla (appointed I September 20241
Caroline Alice Aldenon (appointed I September 2024)
Dr Richard lan Kueh (appointed 18 October 2024)
Chief Executive O￿l¢Cr..
Andrew Nottage
Secretary:
Deborah Weston OBE
Page 4

Religious Education Council of England and Wales
Trustees, Report
Structure? governance and management
The Religious Education Council of England and Wales is a charitable company limited by guarantee. The
Council was established under a Memorandum of Asso¢ialion which established ihe objects and powers of the
charilable company and is governed by its Articles of Association. The charity trustees are responsible for the
general control and managemenl of the organisation.
The Religious Education Council is a membership organisation. Each member organisation is entitled to
nominate up to three authorised representatives. Authorised representatives are able to aitend General Meetings,
vote at them, and are the main point of contact between the Religious Education Council and its memb¢rs.
Authorised representatives are eligible to stand for election to the Board. Each member organisation can cast
one set of voles for candidates for the Board. and on applications that the Board has approved from
organisations wishing lo join the Religious Education Council.
Meetings of the Board were held throughout the year. At each meeting the Chair gave a report of her activities
on behalf of the Council. Board me¢ting5 fully scrulinised the work undertaken by the Council. including the
work of the Committees. At each Board meeting, the Execulive Officer presented a report detailing the work of
the Council since the previous Board meeting.
The SRGM was held on 16th November 2023 online (via Zoom), which provided an opportunity to update and
consult with all Council members since the AGM. There was an election of a new member to the Board, who
took up their position on 1st December 2023.
The AGM was held on 2nd May 2024 at the Lumen Centre. London. This provided an opportunity to updale and
onsuli with all Council members since the previous SRGM. There were elections to the Board including the
re-election of the Chair and Company Secretary. election of a new Deputy Chair, re-election of ihree board
members, and election of two new board member5. They were elected to take up their posltions from 1st
September 2024.
The REC maintained five standing committees. established by the Board, in order to provide guidance to Ihe
Board in specified areas: the Governance Conimittee, the Finan¢¢ Committee, the Fundraising committee, the
Member Engagement Committee, and the Worldviews Liaison Committee. The Worldviews Liaison Committee
closed in May 2024 once the Worldviews project wa5 completed.
In addition. there was a joint working group, the RE Policy Unit, that comprises representatives from the REC
as well as members selected by the National Association of Teachers of RE (NATRE) and RE Today. Thi5 joint
RE Policy Unil is governed by a Memorandum of Understanding agreed between the three organisalions.
There were also regular oific¢r5' meetings to follow up policy decisions taken by the Board and to discuss
operational issues. These meetings were attended by the Council's Executive Officer for the day to day running
of the Council.
Pag¢ 5

Religious Education Council of England and Wales
Trustees, Report
Statement of trustees, respon5ibiliti¢s
The trustee5 (who are also the directors of Religious Education Council of England and Wales for the purposes
of company law) are responsible for preparing the trustees, report and the financial statements in accordance
with applicable law and United Kingdom Accounting Siandards (United Kingdom Generally Accepted
Accounting Praclice), including FRS 102 "The Finanrial Reporting Standard applicable in the UK and Republic
of Ireland"
Company law requires the trustees lo prepare fin3n¢i21 statements for each financial year. Under company law
the trustees must not approve the financial statements unless they are satlsfied that they give a true and fair view
of the state of affairs of the charitable company and of the incoming r¢sour¢¢s and application of resour¢e5.
including its income and expenditure, of the charitable company for that period. In preparing these financial
statements, the trustees are required to=
select suitable accounting policies and apply them consistently;
observe the methods and principles in ihe Charities SORP.
make judgements and estimates that are reasonable and prudenl;
state wheiher applicable accounting standards. comprising FRS 102 have been followed. subject to any
material departures disclosed and explained in ihe financial stalements. and
prepar¢ the financial statements on the going concern basis unless it is inappropriat¢ to presume that the
charitable company will continue in business.
The truslees are responsible for keeping proper accounling records that can disclose with reasonable accuracy at
any time the financial position of ihe charitable company and enable them to ensure that the financial statements
comply with the Companies Acl 2006. They are also responsible for safeguarding the assets of the charitable
¢ompany and hence for taking reasonable steps for th¢ prevention and detection of fraud and other irregularities.
The Iruslees are responsible for the maintenance and integrity of the corporate and financial inforniation
included on the charitable Company's website. Legislation governing the preparation and di55¢mination of
financial statements may differ from legislalion in other juri5di¢tions.
Small company provisions
This report has been preparred in accordance with the small companies regime under the Companies Act 2006.
The annual report Was approved by the trustees of the Charity on l May 2025 and signed on its behalf by..
Sarah Lane Cawte
Chairnian
Page 6

Religious Education Council of England and Wales
Independent Examiner's Report to the trustees of Religious Edueation Council of
England and Wales {'the Company,)
I report to the Charity trus*es on my examination of the accounts of the Company for the year ended 31 August
2024.
Responsibilities And basis of report
A5 the Charity's trustees of ihe Company (and also its d1￿ClOr$ for the purposes of company law) you are
responsible for thc preparation of the accounts in accordancc with the requirements of thc Companies Act 2006
('th¢ 2006 Act,).
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 ot your Charity's
accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my
examination I have followed the Direciions given by the Charity Comrnission under section 145{5)(b) of ihe
2011 Act.
Independent examiner's statement
I have complctcd my examination. I confirn1 that no matters have come to my attention in connection with the
examination giving me causc to believe..
accounting records We￿ not kept in respect of Religious Education Council of England and Wales as
required by seclton 386 of the 2006 Act- or
2. the accounts do not accord with those records. or
3. the accounts do not comply with the accounting requirements of section 396 of ihe 2006 Acl other than
any requirement that the accounls give a 'true and fair view which is not a matter considered as part of an
independent examination,. or
4. the accounts have not bc¢n prepared in accordance with the methods and principles of the Statement of
Recommcnded Practice for accounting and reporting by charitics lapplicable to chxrilies preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102)].
I have no concerns and have come across no other matters in uonneLtion with the examination to which atiention
should bc draw
this report in order to enable a proper underslanding of the accounts to bc reached.
Neil Cou
CA DChA
The Institute of Chartered Accountants of England and Wales
Northgate House
North Gate
New Bdsford
Nottingham
NG7 7BQ
l May 2025
Page 7

Religious Education Council of England and Wales
Statement of Financial Activities for the Year Ended 31 August 2024
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestricted
funds
Restricted
funds
Total
2024
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
Other income
50.750
39.087
6,406
149
72.906
123,656
39,087
6.406
149
Total income
96.392
72,906
169,298
Expenditure on:
Charitable activities
(93,502)
(108,241)
(201,743)
Total expenditure
(93,502)
(108,241)
(201,74J)
Net in¢om¢/(¢xpenditure)
Transfers between funds
2,890
14.700
(35.335)
(14,700)
()2.445)
Net movement in funds
17.590
(50.035)
(32,445)
Reconciliation of funds
Total funds brought forward
181,324
77,226
258,550
Total funds carried fonvard
18
198,914
27,191
226,105
Th¢ notes on pages I I to 24 forni an integral part of these financial statements.
Page 8

Religious Education Council of England and Wales
Statement of Financial Activities for the Year Ended 31 August 2024
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestricted
funds
Restrieted
funds
Total
2023
Note
Income and Endoivments from:
Donations and legacies
Charitable activities
Investment income
Other income
63,685
45.363
1,391
150)
82,247
145,932
45.363
1,391
(150)
Total income
110.289
82,247
192.536
Expenditure on:
Charitable aclivities
(91.257)
(109,630)
(200,887)
Total expenditure
(91.257)
109,630)
(200,887)
Net income/(expenditure)
19,032
(27,383)
(8.351)
Net movement in ￿ndS
19,032
(27,383)
(8,351)
Reconeiliation of funds
Total funds brought forward
162.292
104,609
266.901
Total funds carried forward
18
181,324
77,226
258,550
All of the Charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2023 is shown in note 18.
The notes on pages I I to 24 forni an integral part of these financial statements.
Page 9

Religious Education Council of England and Wales
(Registration number: 05907308)
Balance Sheet as at 31 August 2024
2024
2023
Note
Current ossets
Debiors
Cash at bank and in hand
14
15
3,465
245,002
6,670
273,650
248,467
280,320
Creditors: Amounts falling due within one year
16
(22,362)
(21.770)
Net assets
226,105
258,550
Funds of the Charity:
Restricted income funds
Restri¢ted funds
27,191
77.226
Unrestricted income lunds
Unrestricled funds
198,914
181,324
Total funds
18
226,105
258,550
For the financial year ending 31 August 2024 the Charity was entitled to exemption from audit under section
477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not required the Charity to obtain an audit of its accounts for the year in queslion in
accordan¢e with section 476- and
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect
to accounting records and the preparation of accounts.
The financial statemenls on pages 8 to 24 were approved by the trustees, and authorised for issue on l May 2025
and signed on their behalf by..
Sarah Lane CaW(e
Chaimian
The notes on pages I I to 24 forn] an inlegral part of these financial ststements.
Page 10

Religious Education Council of England and Wales
Notes to the Financial Statements for the Year Ended 31 August 2024
I Charity status
The Charity is limited by guarantee, incorporated in England and Wales, and consequently does noi have share
¢apilal. Each of the trustees is liable to conlribute an amount not exceeding £1 O toward5 Ihe assets of the Charity
in the event of liquidation.
The address of its registered office is=
Northgate House
Northgate
New Basford
Nottingham
NG7 7BQ
These financial statements were authorised for issue by the trustees on l May 2025.
2 Aeeounting policies
Symmary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below.
These policies have been consistently applied ty all the years presented. unless otherwise stated.
Statement ofcompliance
The financial statcments have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Practice (applicable to charilies preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019)
(Charities SORP {FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102} and the Companies Act 2006.
Basis of preparation
Religious Educalion Council of England and Wales meets the definition of a public benefit entity under FRS
102. Asset5 and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in
the relevant arcounting policy notes.
Going concern
The trustees ¢onsider that there are no material un¢ertainties about the Charity's ability to continue as a going
concern nor any significant areas of uncertainty that affect the carrying value of assets held by the Charity.
EJ¢mption from preparing a cash flow statement
The Charity opted to early adopt Bulletin I published on 2 February 2016 and have iherefore not included a cash
flow stalem¢nt in Ihese financial statements.
Income And endowments
All income is recognised once the Charity has enliil¢m¢nt to the income, li is probable that the in¢ome will be
rcccivcd and the amount of the income receivablc can be measured reliably.
Page 11

Religious Education Council of England and Wales
Notes to the Financial Statements for the Year Ended 31 August 2024
Donations and legocies
Donations are recognised when the Charity has been notified in writing of both the amount and settlement date.
In the event that a donation is subjecl lo ¢onditions that require a level of performance by the Charity before the
Charity is entitled to the funds, the in¢ome is deferred and not recognised until either those conditions are fully
met, or the fulfilment of those ¢onditions is wholly within the control of the Charity and it is probable that these
conditions will be fulfilled in Ihe reporting period.
Grants receivable
Grants are recognised when the Chariry has an entitlement to ihe funds and any Conditions linked to the grants
have been met. Where p¢rformance condition5 are attached to the grant and are yet to be met. the income is
recognised as a liability and included on the balance sheet as deferred income to be released.
Deferred income
Deferred income represents amounts received for future periods and is released to incoming resources in the
period for which, it has been received. Su¢h income is only deferred when..
The donor specifies that the grant or donation must only be used in future accounting periods- or
The donor has imposed conditions which must be met before the Charity has unconditional entitlement.
Investment income
Dividends are recognised once the dividend ha5 b¢¢n declared and notification has been received of the dividend
due.
Expenditure
All expenditure is recognised once there is & l¢gal or constructive obligation to that expenditure, it is probable
settlement is required and the amount can be measured reliably. All cosls ar¢ allocated to the applicable
expenditure heading that aggregate similar costs to that category. Where ¢osts cannot be directly attributed lo
particular headings they have been allocated on a basi5 consistent with the use of resources. with central staff
osts alloc&ted on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Other support costs are allocated based on ihe spread of staff costs.
Charilable activities
Charitable expenditure comprises those costs incurred by the Charity in the delivery of it5 activities and services
for ils beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an
indirect nature necessary to SUPPOrt them.
Granl provi¥ions
Provisions for grants are made when ihe intention to make a grant has been communicated to the recipient but
there is un¢¢rtainty about either the timing of the grant or the amount of grant Payable.
GovernAnee costs
These include the costs attributable to the Charity's compliance with constitutional and slatutory requirements.
including audil, strategic management and trustees meelings and reimbursed expenses.
Page 12

Religious Education Council of England and Wales
Notes to the Financial Statements for the Year Ended 31 August 2024
Taxation
The Charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore il meets the definition of a charitable company for UK corporation tax purposes. A¢¢ordingly, the
Charity is potentially exempt from taxalion in respect of income or capital gains received within categories
¢overed by Chapter 3 Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxation of Chargeable
Gains Act 1992, to ihe extent that such income or gains ar¢ applied exclusively t() charitable purposes.
Trade debtors
Trdde debtors are amounts due from customers for merchandise sold or services performed in the ordinary
course of busines5.
Trade debtors are recognised initially at ihe transaction price. A provision for the impairnient of trade debtors is
established when there is objective evidence that the charity will noi be able to collect all amounts due
according to the original ternis of the re¢¢ivables.
Trade ereditors
Trade credilors are obligations to pay for goods or services thai have been acquired in the ordinary course of
business from suppliers. Accounis payable are classified as current liabilities if the charity does not have an
unconditional right, at the end of the reporting period, to defer settlement of the credilor for at least twelv¢
months after the r¢porting date. If there is an uncondilion&l right lo defer settlement for at least twelve months
after the reporting date. they are presented as non-current liabilities.
Trade credilors are recognised initially at the tran58Ction price.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in fvrtherance of
Ihe objectives of the Ch￿Lty.
Designated funds are unrestricted funds set aside for sperific purposes at the discretion of the trustees.
Restricted income funds are those donated for use in a particular area or for specific purposes. the use of which
is restricted to thal area or purpose.
Pensions and other post retirement obligations
The Charity operates a defined contribution pension scheme which 15 a pension plan under which fixed
contribution5 are paid into a pension fund and the Charity has no legal or constructive obligation to pay further
contributions even if the fund doe5 not hold suificient assets to pay all employees the benefits relating to
employee service in the current and prior periods.
Contributions to defin¢d contribution plans are recognis¢d in the Statemenl of Financial Activilie5 when they are
due. If contribution payments exceed the contribution du¢ for service. th¢ ¢x¢ess is recognised &8 a prepayment.
Page 13

Religious Education Council of England and Wales
Iyotes to the Financial Statements for the Year Ended 31 August 2024
3 Ineome from donatlODS aDd leggcies
Unrestricted
funds
General
Restricted
funds
Total
2024
Donations and legacies.
Donations from individua15
Grants, including capital grants.
Grants from other charities
750
750
50,000
72,906
122,906
50.750
72,906
123,656
Unrestricted
funds
General
Restricted
fund5
Total
2023
Donations and legacies.
Donations from individuals
Grants. including capital grants.
Grants from other Charities
885
885
62.800
82,247
145,047
63,685
82,247
145,932
Page 14

Religious Education Council of England and Wales
Notes to the Financial Statements for the Year Ended 31 August 2024
4 Income from eharitable activities
Vnrestrieted funds
DesignAted
General
Total
2024
RE Counril
RE Quality Mark
15,687
15,687
23,400
23.400
23.400
15,687
39,087
Unrestricted funds
Designated
General
Total
2023
RE Council
RE Quality Mark
16,093
16.093
29,270
29,270
29,270
16,093
45,363
S Investment income
Unrestricted
funds
GenerAI
Total
funds
Interest receivable and similar income.
Interest receivable on bank deposits
6,406
6,406
TotAI for 2024
6,406
6,406
Total for 2023
1,391
1.391
6 Other income
Unrestricted
funds
Gener81
Total
funds
Fees and supplies
149
149
Total for 2024
149
149
Total for 2023
(150}
(150)
7 Resources received from non-exchange transactions by * publie benefJ¢ enlity or entity within a public
benefit group
Culham St Gabriel's Trust
Donated services to manag¢ the RE Teach¢r Re¢ruitm¢nt project.
Page 15

Religious Education Council of England and Wales
Notes to the Financial Statements for the Year Ended 31 August 2024
8 Expenditure on charitable activities
Unrestricted funds
Designated
General
Restricted
fund5
Total
2024
Publicity costs
Project delivery
Employment costs
Establishment costs
Grants paid
Office expenses
Travel and sub5lStence
Bank charges
132
20,960
532
394
56.386
1,320
1.573
96,675
2,237
118,029
56,386
1,320
9,750
3,496
3,349
106
9,750
3,496
1,722
106
1,384
243
22,476
108,241
194,673
Unrestricted funds
Designated
Gener81
Restrieted
funds
Total
2023
Publicity costs
Project delivery
Employment costs
Establishment costs
Grants paid
Office expenses
Sundry costs
Travel and subsistence
Bank charges
Other interesl payable
1,500
20.380
1,954
6,446
50,753
1,202
4,888
93,565
8,342
120,391
50,753
,202
8,250
1,652
914
5,156
96
8,250
1,652
914
1.634
96
595
2.927
22,475
64,702
109,630
196,807
Activily
undertaken
directly
Total
expenditure
Total for 2023
196,807
196,807
In addition to the expenditure analysed above, there are also governance costs of £7.070 (2023 £4.080) which
relate directly to charitable activilies. See note 9 for further details.
Page 16

Religious Education Council of England And Wales
Notes to the Financial Statements for the Year Ended 31 August 2024
9 Analysis of governance and support costs
Governance costs
Unrestricted
funds
General
Total
2024
Independent examiner fees
Examination of the financial ststements
Legal fees
4.260
2,810
4.260
2,810
7,070
7,070
Unrestricted
funds
General
Total
2023
Independenl examiner fees
Examination of the financial statements
4.080
4,080
4,080
4,080
10 Trustees remuneration and expenses
6 (2023- 7) trustees received reimbursed travel and general expenses of £l,I 10 (2023- £1.069).
Page 17

Religious Education Council of England and Wales
Notes to the Financial Statements for the Year Ended 31 August 2024
I I Staff costs
The aggregate payroll costs were as follows:
2024
2023
Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
53,901
48.382
154
2,217
2,485
56,386
50,753
The monthly average number of persons (including Senior management I leadership team} employed by the
Charity during the year expressed as full lim¢ equivalents was as follows..
2024
2023
Administration
2 (2023 - 2) of the above employees participated in the Defined Contribution Pension Schemes.
No employee received emoluments of more than £60.000 during the year.
12 Independent exAminer's remuneration
2024
2023
Examination of the financial statements
4,260
4,080
13 Taxation
The Charity is a registered charity and is therefore exempt from taxation.
14 Debtors
2024
2023
Trade debtors
Prepayments
3,465
1,700
4,970
3,465
6,670
Page 18

Religious Education Council of England and Wales
Notes to the Financial Statements for the Year Ended 31 August 2024
15 Cash and cash equivalents
2024
2023
Cash at bank
Short-term deposils
19,480
225.522
22,108
251,542
245,002
273,650
16 Creditors: amounts falling due within one year
2024
2023
Trade creditors
Other taxation and social security
Pension scheme creditor
Accruals
Deferred income
6,000
i io
1,309
4,668
10,275
2.760
1,316
1.718
4,101
11,875
22.362
2024
21,770
2023
Deferred income at I September 2023
Resourc¢s d¢f¢rred in the period
Amounis released from previous periods
11,875
10.275
(11.875)
54,139
11,875
{54.139)
Deferred income al year end
10,275
11,875
17 Pension and oiher schemes
Defined eontribution pension seheme
The Charity operates a defined contribution pension scheme. The pension cost ¢harge for the year repre5¢nts
contributions payable by ihe Charity to the scheme and amounted to £2.485 (2023 - £2,217).
Page 19

Religious Education Council of England and Wales
Notes to the Financial Statements for the Year Ended 31 August 2024
18 Funds
Balance at I
September
2023
Balance at
31 August
2024
Incoming
resources
Resources
expended
Transfers
Unrestricted
General
Unrestricted income fund
168,284
72,992
(71,026)
14.700
184,950
Designaled
RE Quality Mark
13,040
23.400
(22,476)
13,964
Total Unrestricted
181,324
96.392
(93,502)
14,700
198,914
Restricted
RE PR Commiltee
REPU
Worldviews Project I
(Templeton)
Worldviews Project 2
(Templeton)
Member Engagment
2.768
41.607
2,768
14.423
48,333
(71.017)
(4,500)
7,500
(1,400)
(3,100)
3,000
25.351
17,573
7,000
(35,824)
(7.100)
7,000
TotAI restricted
77,226
72,906
(108.241)
(14.700)
27,191
Total funds
258.550
169,298
(201,743)
226.105
Page 20

Religious Education Council of England and Wales
Notes to the Financial Statements for the Year Ended 31 August 2024
Balance at I
September
2022
IncomiDg
resources
Resources
expended
Balance at 31
August 2023
Unrestrieted funds
General
Unrestricted income fund
156.047
81.019
(68.782)
168,284
Designaled
RE Quality Mark
6,245
29,270
22,475)
13,040
Total unrestricted funds
162,292
110.289
91,257)
181,324
Restricted
RE PR Committee
REPU
Worldviews Project I
(Templelon)
Worldviews Project 2
(Templeton)
3,848
58,205
(1,080)
(49.931)
2,768
41,607
33.333
23.200
(15,700)
7,500
19,356
48,914
(42,919)
25,351
Total restricted funds
104,609
82.247
(109,630)
77.226
Total funds
266,901
192,536
(200,887)
258,550
Page21

Religious Education Council of England and Wales
Notes to the Financial Statements for the Year Ended 31 August 2024
The specific purposes for which the funds are to b¢ applied are &8 follows:
The RE PR Fund is used to promote a positive public image for Religious Education and for the RE Council.
This is a resti¢ted fund.
The RE Quality Mark project designed, piloted and established a national scheme to recognise quality RE
teaching in schools. It became a charitable trading activity of the RE Council in November 2014. trading
a¢tivity is managed through a designated fund. From time-to-time grants are received for specific purposes and
these are managed through separate REQM restricted fund(s).
The RE Policy Unit (formerly PR Group Joint) is a collaborative projeci between RE Council, NATRE and RE
Today. It has three objectives- to enhance public understanding of RE and its value to young people and wider
society, lo raise the status of RE with Head Teachers, Senior Leaders and Sehool Governors and to influence the
development of public poli¢y to encourage and support high quality RE. It is grant funded and lh¢ grants are
managed in a r¢stri¢ted fund.
Worldviews Project. The Worldviews Project consists of two overlapping and complementary streams of work.
The first stream of work runs through financial years 201912022 and the second runs through 202112024. The
project is building on the recommendations of the Commission on RE'S {CoRE) report of 2018 and is working
on a new vision for Religious Education in schools designed to reflect pupils, lived experience of religious and
non-religious perspeclive5. It is grant funded and the grants are managed through a restricted fund.
The Templeton World Charity Foundation (TWCF) made a grant to the RE Council of in March 2021 for a
3-y¢ar project (ending in early 2024). This grant is apportioned equally across th¢ financial years. The grant
supports a project to be delivered in partnership with RE Today who have been contracted as the main provider
of writing and project management throughout the project. Further partners have been contracted by the RE
Council in 2022 to deliver further project elements in 2022-2024. These partners are Inspiration Trust, Lincoln
Diocesan Board of Education, Coventy DBE, Coventry SACRE. and Warwickshire SACRE. The trustees have
noted thal the TWCF grant includes a value held back by TWCF until the RE Council successfully delivers
defined elements al the end of th¢ project. The value of this is $22,865.10 and will be paid in US dollars, so
willbe subject to exchange rate changes. The project is planned with a contingency in the budget to allow for
Ihese possible rate variation5.
The Member Engagement Fund is a l-year grdnt from Sarum St. Michel Educational Trust. This is lo cover
l-year of a member engagement worker's salary for I day a week during financial year 2024-2025.
Page 22

Religious Education Council of England and Wales
Notes to the Financial Statements for the Year Ended 31 August 2024
19 Analysis of net assets between funds
Total funds at
31 August
2024
Unrestricted funds
General
Designated
Restricted
funds
Current assets
Current liabilities
191.037
{6,087)
24,239
10.275)
33,191
(6,000)
248,467
(22,362)
Total net assets
184.950
13,964
27,191
226,105
Total funds at
31 August
2023
Unrestricted funds
General
Designated
Restricted
funds
Current assels
Current liabilities
191,219
(9,895)
11.875
(11,875)
77.226
280,320
(21,770)
Total net 8ssets
181,324
77,226
258.550
20 Related party transgctions
During the year the Charity made the following relaled party transactions..
Deborah Weston
{Truslee of the charity)
Meeting and Iravel expenses totalling £43 {2023.. £133) were reimbursed during the year. At the balance sheet
date the amount due to/from Deborah Weston was £Nil (2023 - £Nil).
Sarah Lane Caivte
(Trustee and chair of the Charity)
Travel expenses and venue hire costs totalling £123 (2023: £197) were reimbursed during the year. At the
balance sheet date the amount due tolfrom Sarah Lane Cawte was £Nil (2023 - £Nil).
Edward PAWSOII
(Trust¢e of the charity)
M¢¢ting and travel expenses totalling £353 (2023.. £97} were r¢imbursed during the year. At the balance sheet
date the amount due tolfrom Edward Pawson was £Nil (2023 - £Nil).
Patricia Hannam
(Trustee of the charity until 31 August 202))
Travel expenses costs lotalling £Nil (2023: £126) were reimbursed during the year. At the balance sheet date the
amount due lolfrom Patricia Hannam was £Nil (2023 - £Nil).
Rosemary Rivett
(Trustee of th¢ charity)
Travel expenses costs lotalling £48 {2023.. £49) were reimbursed during ihe year. At the balance sheet dat¢ the
amount due tolfrom Rosemary Rivett was £Nil (2023 - £Nil).
Kathy Riddiek
(Trustee of the charity)
Travel exp¢ns¢s costs totalling £Nil (2023: £151) w¢r¢ r¢imbursed during th¢ year. At the balance sheet dat¢ th¢
amount due tolfrom Kathy Riddick was £Nil (2023 - £Nil).
Page 23

Religious Education Council of England and Wales
Notes to the Financial Statements for the Year Ended 31 August 2024
Paul Smalley
(Trustee of the ¢harity)
Travel expenses cos15 totalling £458 (2023.. £316) were reimbursed during the year. At the balan¢e sheet date
the amount due to/from Paul Smalley was £Nil {2023 - £Nil).
Dr Celine Benoit
(Trustee of the chariry)
Trdvel expense cols totalling £85 (2023.. £Nil) were reimbursed during the year.. At the balance sheet date the
amount due tolfrom Dr Celine Benoit was £Nil (2023 - £Nil).
Page 24