2024-06-30-accounts

UK FORUM FOR INTERNATIONAL EDUCATION AND TRAINING (UKFIET) FINANCIAL STATEMENTS FOR THE YEAR BNDED 30TH JUNE 2024 CONTENTS AND COMPANY INFORMATION CONTENTS: PAGE., Trustees Report Indgpendent Examiners Report Staternent of Financial ActivAties Balance Sheet Statement of Cash Flows Notes to the FIj￿nclaI Statements 9- 11 TRUSTEES: A Brock (Treasurer) D Taylor F Wolfenden L Tll(ly N Singal S Bayley J Mullan S Rosscornes Pritchard M Rollestone A Niaz REGISTERED OFFICE.. 115G Milton Road Cambridge CB4 IXE REGISTRATION NUMBER: 5725610 CHARITY REGISTRATION NUMBEIL" 1116614 INDEPENDENT EXAMINER: Nigel A Prentis FCA For and on behalf of: Prentis & Co LLP Chartered Accountants and Indcpend¢nt Examiners 115¢ Milton Road Cambridge CB4 IXE BANKERS: CAF Bank Ltd 25 Kings Hill Avenue Kings Hill We8t Malling Kent ME19 4JQ Shawbrook Bank Limited Lutea House Warley Hill Business Park The Drive, Great Warley Brentwood Essex CM13 3BE Flagstone I st Floor Clareville House 26-27 Oxenden Street London SW17 4EL

UIC FORUM FOR INTERNATtONAL F.DUCATION AND TRAINING (UKFIE r) PAGE I FINANCIAL STATEMENTS foR THE YEAR ENDED 30TH JUNE 2024 REPORT OF THE TRUSTEES Tlie Trustees prtsenl their report and the financial statements for tlie year elided 30th JuLie 2024. The financial staternents comply w(th the Charities Act 201 l. the Companies Act 2006, the Memoranduin and Articles OF Association, and Accounting and RepoitLiig by ChaTitie5: Statement of Recommended Practice applicable to cliaritL¢S preparing their accounts in accordance with tlie f4 inancial Reporting Stsnd&rd applicable in the UIC and Kvpublic of Ireland (Flis 102) (effective l January 2019). TRUSTEES.. None of the Trustees received any remuneration in the year. The T￿SteeS in office in the year were as follows.'- S NdarLLhutse (Chair) (resig]ed 1219123) D Archer (resigned 1219123) A Little (resigned 1219123) S McGrath (resigned 1219123) S ￿]gUIlle (resigned 1511124) A Broclc D Taylor r Wolfenden L Tikly N Singal H Loryman S Hatnilton Bayley (appointed 1219123) J Mullan (appointed 1219123) S Rosscomes Pritchard (&ppoiiited 1219123) M Caine Rollestone (appointed 1219123) A Fatitna Niaz (appointed l219123) STRUCTURE, GOVERNANCE AND MANAGEMENT Govemin docutnent The charity is constituted as a cotnpany limited by guarantee and is therefore governed by its Memorandum and Articles of Association dated l 8t March 2006, revised in September 2006 and revised again in 2021. It is a registered charity with Ihc Charity CommLSS10n. Member a lications Applications from new rnernbers to join UKF.IET arg coThsidered by the Ti'uste¢s using an &pplication process. Applications whLch ￿"¢ recommended for acceptance are put fonvard for ratification at the Liext AGM. ointn]ent of Trustees dnd members of the Execulive Commiltee Trustees and Executive Coinmittee members are appointed as per the regul&tion5 of ihe Operational Guidelines. Accepiance of new Executive Cominitte¢ niembers is agreed by the Executive Comrnittee and a¢¢eptan¢e of llew Trustces is ratified by the AGM. Risk Mana ement Polic I'he risks are considered at least annually by the Trustees in line widi UKfET Rislc Management Policy. Financial ri8ks are reviewed particulai'ly by Trustees using a specific set of guidelines. OBJECTIVES AND ACTIVITIES The C.harity's objectives continue to be the promotion ttnd strengthening international education and developmeni for all, regai'dless of gender, race, ii&tionality and other diff¢ren¢¢s. ThL8 objeclivc is pursued through., sbaring of educational ideas, l(nowledge and expertise between members and across the wider con]munity, in the UK and intemationally; erLcouraging the development ofteacliing? training, research and publication- serving as a resource to policy makers i govenmen¢ multi-lateial alld non-goveinmental organisations, alld in other instilutions. and making representation on issues of CODunon interest. ACIqIEVFMENTS AND PERFORMANCE In furtherance of its objectives to provide & pro-active forEun for universities, non-governmental organisations, consultancy groups and professional associations who individually and collectively work for educi£ tion and development intemationally, UICFEET has.. Hosted the Ut<FIET bienllial confereiice 'Education for SoLial and Enviroiitnental Justice.. diversity, sustalliability, responsibility lli Oxford, September 2023. Organised a number of workshops and scminars. Contiiiued to publish a larger iiuinber of blogs and publicise events of iiitei-est to tnembers. Delivered a grdnt from FCDO. Undertook a liglit touch coiiference review.

UIC FORUM FOR INTERNA TIONAL EDUCA TION AND TRAINING (IiIifiB'r) FINANCIAL STATEMENTS FOR 'fHE YEAR ENDED 30TH JUNE 2024 REPORT OF THE TRUSTEES CONT.....,...,. Commenced planning for the UICFIET 2025 eoliftrence. Strengthened its ways of working through i) the development &nd implementation of a siiite of policies (5) and ii) refintng the processes for recruitsnent of Trustees and metnbers. Meinbershi In June 2024, UKFIET had 37 members. 2023-24 Activities l. Event5 During this fLnancial year, UKFIET has held several events. These have included: a. The 2023 bi8nnial confewenee held in Oxford Septeinber 2023. The theii)e of this conlrr¢nce was Educalronfoy Social EKviroMmental Jt4Stice.' di.versity, sustainability, respo￿¢{bilIty. This proved higlily popular, attracting 518 abstract subrnissioiis of which 265 were accepted. The confei'enG¢ was held online {7 September) &nd in peiBon (12-14 September). The online day with J 8 papers was added as a response to delegates, concerns over tFLe issues of inclusion and decolonisation with regards to the conferences being held in Oxford. UKF.IBT (with FCDO suppoit) and BAICE provided 31 bursaries to allow Lnore delegates I'o join the conf¢rence. Overall 793 participants attended tlie conference with 105 registering for the online day only. Participants caine from 60 countries, 490/0 were Utc based and 66 /0 were women, b. UKf*lET Language Day.. Marcli 19 2024, iii partneiBhip witli the British Council. This event sought to facilitate dialogue belw¢¢n academics and practitioneis 011 the role of language in the cu￿1Qu[uM, pedagogy and e¢ss¢ssment &t different levcls of the education systeni. Acknowledging that children cannot effectively learii in an unfamiliar language, the evcnt sought to cliallenge and change current laiiguage practices. Earty Career evenl,. 26 April 2024. This well attended hybrid event offered early career professiona15 and researchers a distinctive space to engage with each otlicr and their more experienced Colleagues, The central presentation at the event was from Golleagues &t NFER. d. Teacher Task Fopce Reporl Lc7unck.. 21 June 2024. The event focussed on the inaugui'al TeactLer Tas1< Force and UNESCO Global Report oil Teachers, Addrgssing teacher shortoges aptd transfopming thepYofcssiok7, Carlos Vargas Tamez, Hoad of the SeCret￿l￿t of the Infrnialional Task ory Teachers for Education 2030 and Chief of UNESCO'S Section for T¢ach¢i' Dev¢lopmenL sh￿'ed the findings of Ihe repoi'l. The presentation was followed by a panel discussioii and then Ihree brealcout sessLons on Dat￿ Tern￿ and Conditions &iid Teacher CPD. Fiirther details of the events, website and social Inedia activity are available in I'ho repoil of the Executive Chair. 2. FCDO Grant FCDO awarded UKFIET an accountable g'&nt of £28,000 to support UIOIE'I, ill the delivery of its annual programme durincy the period September 2023 AprÉl 2024. I'he graLIt supported FCDO advisers to atieiid the UICFIET 2023 Conference, additional bui'sai'ies foi. the contei'ence, suppoil Lo uicfIEI' events and ongoing core costs sucli as website maintenance. 3. Policy development and implcmentitioll During the year a small gioup of Trustees developed a numbei. of policies to clarify and rend¢r transparent aspects of Ul(FIET worlang. Tknes¢ were approved by tbe April Trustee meeting, shared with the Executive Conunittee dnd Ineinbers. They &re all &vailable on the UICFIET websile. Social Media and Publications Ilealth, Safety and Safeguarding Data ProteLtiOll Coinplaints and Whistleblowing Risk Maiiagement (appi'oved by the Septembei 2024 Trustee tneeting)

UK FORUM FOR INTERNA TIONAL EDUCATION AND TIUINTNG (UKFIET) PAGE 3 FINANCIAL STATEMENTS FOR THE YEAR ENDED 30T14 2024 REPORT OF TFIE TRUSTEES CONT,,..,,..,.. In line with the Social Media and Publications policy, the Eiigageinent Fellow develop¢d a set of guidelLnes for potential blog authors. These are available on the UKFIET website. 4. Conference review Following the 2023 conference some members of the UKFIET community COtnm¢nted tliat they peTceived the UI<FIET conference fee to be relatively higli and asked if the current confekence locatioii was a factoi. in the fee level. There wei'¢ also concerns about the appropriateness of the venue for & conference concern¢d with education and d¢velopment. In addition Trustees asked about the carbon footprint of the rutTeiit conference forn]at. In the light of tliese concerns a voluiiteer group of UICFIET Trustees and Executive Committee members Tnet to Conskder these issues. After reviewing the 2023 Conferettce report and various other dat& Sources they Goncluded there was no appetite to shift the current balance between online and in-person days and endorsed the choice of the Exam Schools in Oxford for the 2025 CoLiference. The group inade a number of recoinLnendations to the 2025 Conferenc¢ Coinn]ittee ai'ound tlie abstract subinission and seLection process, and suggested Lnore support should be given to meinbers of tlie UtCFIET coinmunity who are less faLniliar with abstract writ'ing. The group recommended to the Trustees increasing the number of bursaries for the 2025 Conference, FINANCIAL REVIEW Mana emellt ut(FIET continues to be managed by an Executive Committee and a Board of Trustees. Administration suppoit is provided by freelance Programme Manager. Remunera oll of Ice Persollnel The Trustees consider themselves to be the key pei'soniiel. They did not ieceiv¢ any remunei'ation in the year ended 30tII June 2024. The Trustees are, however, reiinbur5ed for any expenses they incur on behalf of die charitable company. Financi l Risk MaT)a emenLReserve8 Strate The Trustees are cotThnitted to manage the income, expenditure and reserve5 of UKFIE r pi"udently. The UICPIET business Lycle is biennial with sigllificant income every ot.her year and expenditLwe every year. Bacli biennial confer¢n¢e has up-front costs and risks that need to be anticipated and managed. UI(FIET therefoiE maintains reserves sufficient to cover costs for two Y£a￿ non-coThfer¢nce expenditure in advance, in the unlikely event tliat income falls well short of liabLlities and maintains buffer for unanticipated costs. This figLllE currently stands dt £125,000 ds appi-oved in October 2022 and reconfErn]ed by ihe Board in Octobei. 2023, Investment Polic Under the Memorandum and Ariicles of Association, the Charity has the power to make any investn]ent wknicb tbe Trltstees see fit. Investments are managed by the Tr¢asurer and Chair in line with the guidancc of the Board. All investments options maxllnise return on the reserves but also ensure that funds air &vaiIabl¢ at re&sot]ablc iiotice in light of an unforeseen event. Future Plans UKFIET continues to rull a Iwo-year September to Septembei. pl&nning cycle. The Executive Comrnittee staThds at 16 itt total - 14 members with a cross section of expertise plus the Engagemeiit Fellow and the fi'eeland Progra]ntne Manager. The Trustee Board stands at I l. Events lined LLP for 2024125 include tlie Chair's Eveiit Knowl*dge generation andgengralions OJ'ikÈ sume perspecltves opz 17 October 2024. This will precode the AGM. SchDlasticide' in Gazo.. The Rol# of rke UK In¢ernational Education and 7YaiKing Community, on 18 Novembor will b¢ an all-day hybrid event discu5Sllig what we can do as lin International Education comtnLinily to support education systems in Gaza. The event is being held in partnership with the UniversLty of Bristol, the REAL Centre at University of Cambridgc and FOBZU (F4riends of Bei'zeit University). Flirther events will bc organised Ihroughoiit the year.

UK FORUNI FOR INTERNATIONAL EDUCATION AND T]L4INING (UKFIET) PAGE 4 FINANCIAL STATEMENTS FOR THE YBAR ENDED 30TH JUNE 2024 REPORT OF THE TRUSTEES CONT..,.,,..... The bffiennial conference will be held 16-18 September 2025. The colife￿nCe theme is Mobili5ing kAL)wlgdge, parlnerships, and lrtnovalionsfor suslL7inable developmenl Ihrough educafion and iiaining. Trustees are exploring revenue generntion from other sources to divei'sity UKFIET'S dependeLice on Conference income alone and are starting discussions with & rallg¢ of potential funders. Trustees and Executive Committee m¢Jllbers are planning a Joint internal workshop to explore UKFIET values including decolonisation, divet8ity and in¢lusion. UKFIE'f has commissioiied a work to identify dat&bases of international Org￿lS&tiOnS doing work on education in the Glob￿ South. Contents for the website and social media will be maintained by the Engagement Fellow to ensure the Members and those inlere5Ed are k￿t informed of current topics at all times. sTATErN￿NT OF TRUSTEES, RESPONSIBILITIES Th¢ charity trustees (who are also the dLTectOTS for the purposes of comp&ny law) aye responsible for preparillg a Iru3t¢es' annual repoit glld financial staten)enls in accordance with applicable law and United Kingdom Accounting St4ndards (United Kingdom Generally Accepted Accounting Practice). Company law wquircs tbe charity trustees to prepare financial statements for each year which giv¢ a true and fair view of the sLat¢ of affairs ofthe charitable company and of the incoming irsources und applicatiotL of resources, including th¢ income and expenditure of the Lharitable company. In preparing the finallcial statements, the trusiees are i'eqiiired se lect siulable accounting policies and then apply them con5islentlyy observe the metI￿d8 and principles in the Charity SORP; make judgements tfftd eslLmates that are reasonable alld prudent. state whether applicable UK accoiinling standards have been folloived, subject lo any n]aterial departure disc108ed and explainEd in the financial statLments' prepare financial sLatements on the going ronceln basis LLnless it is inappropriate Lo presU￿e that the cl￿rity will continue in business. The trustees are re8ponsible for keeping proper accounting recoi'ds that disclose with reasonable accui'acy at any timc tlie finanLi&I position of thL charily and to enable tliem lo ensure that tlie financial st&temenl8 comply with the Companies Act 2006. Th¢y are also responsible for safeguarding the asset8 of th¢ charity and hence talung reasonable steps for the prevention and detection ot traud and other irregularities. The Irusiees are also responsible fol the Lnaintenaiice and integrity ot'the corporate and financial inforinution included on the ¢haritable COLllpany's website, Legislation in the Uiiited Kingdorn governing the preparation at]d disseminalicin of financial stBlemenls may difter from le8islatLon in other jurisdictions. This report, which has been prepared in acL4)rdance with the special provisions relaLing lo cotnpanieb SLibject lo the stnall companies regime wiLhin Pai'l 15 of the Companies knt 2006. It was &pproved by the Trustees on 2itrkh 2.rJ 2Jt and 5igtied on its behalf. fti. JJl[.L FREDA WOLDENDEN CHAIR

UK FORUM FOR INTERNATIONAL EDUCATION AND TRAINING (UKFIET) PAGE 5 FINANCIAL STATEMENfs FOR THE YEAR ENDED 3QTH JUNE 2024 INDEPENDENT EXAMfNERS REPORT TO THE TRUSTEES OF UK FORUM FOR INTEIIJJATIONAL EDUCATION AND TiL4INfNG (UKFIET) I Teport to the charity trustees on my examin&tiott of the accounts of the Company for the year ended 30th June 2024. RESPONSIBILrriES AND BASIS OF REPORT As the clwity trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of th¢ accounts in accordance with the requu'ements of the Companies Act 2006 {'th¢ 2006 Act,). Having satl8fied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Aot and are eligible for independent eXa￿inatiOll, I report in respect of my exarnination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 201 l A¢V). In carrying out my examination I have followed the Directions given by the Charity Commission ullder section 145(5) (b) of the 201 l A¢L INDEP￿DENT EXAMINER'S STATEMENT I have completsd my examination. I cot)firni that no matters bave come to My attention in c(mnection with the examination giving me CaLLse to believe,. l. accounting records were not kept in respect of the Company as required by section 386 of the 2006 2. the acGoutLts do not accord with those records. or 3. the accounts do not comply with the accounting requirement5 of section 396 of the 2006 Act other tb any requirement that tlie accounts give a 'true and fair view, which 18 not a matter considered as part of an independent exatnination,, OT 4. the acGounts bavr not been prepared in accordanGe with the methods and principles of the Statetnent of Recommended Practic¢ for accounting and reporting by charities lapplicable to Ch￿1tieS prepaTing thcir accoullts in accordance with the Financial Reporting Stand￿'d applicable in the UK and RepubliG of ITelalld (FRS 102)]. I have no concerns and have come ￿ToSs no other matters in connection with the ex&nJination to which attention should be drawn in this rgport to ¢nable a proper understanding of the accounts to be reached. NIGEL A PREwfIs FCA FORAND ON BEHALF OF: PRENTIS & CO LLP CHARTERED AL'COUNTANrs & INDEPENDENT EXAMINERS 115c Milton Road Cambridge CB4 IXE

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UK FORUM FOR INTERNATIONAL EDUCATION AND TRAININQ (UKFIEI) PAGE 7 FINANCIAL STATEMENTS FOR THB YEAR ENDED 30TH JUNE 2024 BALANCE SHBBT 2024 2023 Note CURRENT ASSETS Cash at bank Debtors and prepaym¢nt8 TOTAL CURRENT ASSETS 179.920 1,889 181.809 194,295 19,419 213,714 CURPENT LIABILll'iES Creditors falllng due within one year A¢cruaI8 1,600 1,600 1,500 1,500 TOTAL CURRENT LIABLLITIES NET CUPRENT ASSETS 180,209 212,214 THE FUNDS OF THE CHARrrY Unrestrithd fi￿aS Restricted F[￿S 171,216 8,993 180,209 200,535 11,679 212,214 TOTAL CHARITY FUNDS The trustces consider that th¢ wmpany is entitled to ¢xemption from the requiTem¢nt to bave an audit under the provi5ion8 of Scction 477 of the compall1￿ Act 2006. Mrmbws hav¢ not required the COD]pally under Section 476 of th¢ Comp￿Re5 Act 20Q6, to obtsin audit for the year ended 30th June 2024. The trustses a¢knowledg¢ th¢ir r¢sponslbilltles for en8uriAg that the comp&ny keepa accounting records which comply with Section8 386 and 387 of ibe Companies Act 2006 and for preparing finallcial statements which glve a true and fair view of the state of affairs of the ¢ompany as at 30th June 2024 of its surplus for the year then ¢nd¢d fin accordance with the Tequiremonts Df Sectlons 394 and 395 which otherwise comply with the r¢quircments of the Act r¢lating to the fllwnGial statements as fAr a8 applicthle to the ¢ompany. Th¢ financial 8tatements have been prepared in ￿cOrdance with th¢ provi8ions of Part 15 of the Companies Act 2016 relating to &Dall ¢ompanies, They were approved by the trustse8 on 'gDed on its behalf. -fl blLL FREDA WOLD CHAIR The notss on page 9 to I I forni part of thes¢ fmanclal statements.

UK FORUM FOR fNTERNATIONAL EDUCATION AND TRA[￿ING (UKFIET) PAGE 8 FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024 STATEMENT OF CASH FLOWS 2024 2023 Nots NET CASH INFLOW FROM OPERA'rtNG ACTIVITIES io (20,704) 3,483 CASH FLOWS FROM fNVBSTtNG ACTIVITIES BaTJk interest received 6,329 (14,375) 1,145 CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR 4.628 C&8h and cash equivalents brought forward CASH AND CASH EQUIVALENTS CARIUED FORWARD 194,295 189,667 179,920 194,295

UK foRUM FOR INTERNATIONAL EDUCATION ANI) TRAINING (UICFIETr") PAGE 9 FINANCIAL STATEMENTS foR THE YBAR ENDED 30TE.I JUNE 2024 NOTES TO TI.IE fiNANCIAL STATEMENTS ACCOUNTING POLICIES Thc accounting polici¢s ar¢ listed below and have been applied consistently throughout tlie y¢ar and in the preceding period. (a) Basis of preparatioii of financial statements The fihat)ctal stateffttnls httve been prep&red in accordance with Accounting and Reportiiig by Charities., Statement of Recommended Pi-acti¢e applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in th¢ UK and Republic of Ireland (FIIS 102) (effective 1st Januai'y 2019) - (Charities SORP (FRS 102)), th¢ Financial Reporting Standard applicable in ttLe UK and Eiepublic of Ireland (FRS 102) and the Companies Act 2006. The trustees consider that there are no material uncertainties about tbe Ch￿'[ty'S abilLty to continue as a going concern. The presentation CUiTency of the fit￿]C[aL stateinents is the Pound SIErling (£). (b) Fund accounting Restricted funds are subject to Ihe limitations on Iheir use specified by the donor5 or oilier providers, Unrestricted funds are available for use at the discretion off the Trustees in furtherance of the general objeclives of the charity. (c) Income All income 18 included in the stalement of fmancial activities wh¢n the charity is entitled to the In¢OLne and the amount call be qLWltifLed with reasonable accuracy. The following specific policies are applied to partÉcular categories of income.. Voluntary income is received by way of grants, donations and gifls and Rs included in lull in Ihe Stat'einent of Financial Activities when receivable. Income from charitable activity ar¢ a¢count¢d for when earned. (d) Expenditure Expendilure is recognised on ali accrual basis 18 a liability is incurred. Expenditure includes V AT which cannot be fully recovered and is reported as part of the expenditui'e to which it r¢lal¢,%. Charitable expenditure eOLnprises those cos(s incurred by the charity in the delivery of its activities and services for its beneficiaries. It llicludes both costs that can be allocated directly to such activities those costs of indirect nature necessary lo support them. Govemance costs include those costs associated with tneeting the constitutional and financial statutory requireinents of the Ch￿'llY and include the independent examination fees, (e) Debtors Trade debtors and other debtors are recognised al their settlcment amount dLie after any dÈscounts. Prepayments are valu¢d ai ihe amount prepaid net of any trade discount due. (fj Creditors Creditors and provi,%ions are recognised where the Ch￿[ty lias a presellt obligation resiilting from a past event that will probably resuli in ihe transfer of lunds to a Ihird party and the ainount due to settle the obligation can be measured oi. estimated reliably. Creditors and provisions &i'e normally Ircognised at tiieir settlement amount after allowing for any trade dkscounts due, STAFF COSTS AND NUMBEIL8 Iliere were no staff costs in Ihe year and the average number of etnploye¢s was nil (2023.. nil). The trustees consider themselves key personnel and received no I'emuneration in the year.

UK FORUM FOR INTERNATIONAL EDUCATION AND TRAINTNG (UKFIET) PAGE 10 FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024 NOTES TO THE FINANCJAL STATEMENTS CHARITABIE EXPENDITURE Unrwtrlcted 2024 2023 Independent Examination Trustees expen8¢5 Website SeGretariat Engagernent Fellow Publicity and insuranGe BaT]k charges Bx¢Gutive Committee costs 1,564 2,565 1.172 20,269 20.928 792 523 273 1,314 402 1,175 16,345 11,664 732 99 48,086 31,731 CHARITABLE EXPENDITURE RestrActed 2024 2023 Bursary costs 5,193 5,193 SURPLUSILOSS FOR THE YEAR The loss for Ihe year is stated after charwg'.- Independent Examination fee 2024 2023 1,564 1,314 TRUSTEES EXPENSES During the year £2,565 was reimbuTsed to Trustees {2023'. £402) CASH AT BANK 2024 2023 Restricted cash at bank UnTcstricted cash at bank 8,995 170,925 11,681 182,614 179,920 194,295 DEBTORS AND PREPAYMENTS (all due within one year) 2024 2023 Conference deposits PTepaid Accrued interest 19,419 1,889 1,889 19,419 LIABILITY OF MbMBERS The company is Limited by Guarantee and does not have any share capital. The liability of members is limitsd to £1 in the event of tbe winding up of th¢ Charity.

UK FORUM FOR INTERNATIONAL EDUCATION AND TRANING (UKFIET) PAGEII FINANCIAL STAI'EMENTS FOR THE YEAR ENDED 30TH JUNE 2024 NOTES TO THE FINANCIAL STAIEMENTS MOVEMENT OF FUNDS Current Year Restricted funds Bursary fi￿d5 UDrestri¢ted funds General fund5 Balance at 1.7.23 BalanLe at 30.6.24 Income EXpendI￿re Transfors 11,679 560 (5,193) 1,947 8,993 200,535 212,214 279,023 (306,395) (1,947) 279,583 (311,588) 111,216 180,209 MOVEMENT OF FtTrlDS Prior Year Restricted funds B wsary funds Unrestricted funds General funds Balance at .7.22 Balance at 30.6.23 Income Expendits￿e 11,302 377 11,679 187,987 90,070 90,447 (77,522) (77,522) 200,535 212,214 199,289 10. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FRO]wI OPERATING ACTIVITIES 2024 2023 Net rnoven￿nt in funds Bank interest received De¢reasel(incre&se) in debtors Increase1(de￿e8Se) in creditors NET CASH INFLOW FROM OPERATfNG ACTfvITIES (32,005) (6,329) 17,530 loo 12,925 (1,145) {8,297) (20,704) 3,483