2022-03-31-accounts - Crossfields Institute

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From 1[st] April 21 To 31[st] March 22 Charity name: Crossfields Institute (CFI) Charity registration number: 124859

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The object of Crossfields Institute is the advancement of education of the public in one or more of the following ways; 1) Promote, develop and deliver education and training across a wide range of sectors 2) Promote, develop and provide qualifications relating to such education and training 3) Research approaches to education and training across a wide range of sectors
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	With the continuing impact of the Coronavirus crisis, the past 12 months have brought significant challenges but also successes, for all areas of the organisation. Crossfields Awarding’s portfolio of regulated qualifications continues to grow, with several new regulated qualifications being launched. Student numbers on existing qualifications have also remained steady, with many of our centres adopting a blended approach to delivery, thereby making courses more flexible and accessible. There has been a steady stream of new business enquiries, with increased interest and take up in Quality Mark programmes and approvals for centres within and outside the UK. This has been further supported by the transfer of three early years qualifications from NCFE to CFI With regards to Crossfields Learning, the Postgraduate Certificate in Philosophy and Practice of Integrative Education (PPIE) welcomed a new cohort in January, with much of the delivery moving online. There has been an increase in the number of sub-sites offering our CFI Level 2 Integrated Education qualifications, and there has been activity to support this, including a conference for practitioners and learners held at Emerson College in March 22. In Crossfields Europa, we are continuing to pursue consultancy commissions as well as working with coaching clients. There is also continuing to work the Danish Psychotherapy organisations with a range of commissions which have the potential to

		lead to growth in this area of the organisation in coming years. In all of these activities, trustees believe that there is a public benefit in line with the objects of the charity.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Trustees confirm they have regard for this guidance.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Policy on grant making Para 1.38 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	This year our charitable activities have continued. Donations were made in time and financial support included reduced fees for Higher Education students, donations to small charities and reduced costs for organisations that are aligned with our values and vision. Crossfields Institute is committed to supporting smaller charities whose work follows similar ethics, vision and values wherever possible. During the reporting year Crossfields Institute provided support for approved centres, learning organisations, educators and researchers working within further and higher education. Our focus is to work for and with individuals and organisations that promote develop integrative and holistic approaches to education and research.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	Turnover for 2021-2022 was £388,236, up on 2020-2021 (£290,507). Crossfields Institute’s income is based on project related contributions from a number of our affiliate organisations for educational activities and grants/donations from a few partner organisations. Also in this financial year we sold two of our qualifications to another Awarding Organisation who were better placed to ensure their continued success. Learner/student registration fees from our centres and/or individuals also contribute to the income. Resources expended were £278.197, Down slightly on 2021 (£284,697). Expenses are essentially Institute staff costs, administration overheads, some external professional consultancy costs as well as governance overheads. These activities created a net surplus of £60,039 (2021 surplus of £5,810) before revaluations. Looking to the balance sheet net current liabilities were £55,872 (2021 £63,288) and total funds were £122,575 (2021 £65,536) before intangible assets are added. Overall, the balance sheet total is £343,475
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The Trustees consider that an appropriate level of reserves is such as to cover six months of minimal expenditure and to support learners and/or students to the natural conclusion of certification with Crossfields Institute (as per section A5.4 in Ofqual’s Conditions of Recognition). Despite the challenging operating environment faced by the charitable sector in the current year, our reserves have been maintained. We have also continued to repay working capital loans.
Amount of reserves held	Para 1.22	£343,475
Reasons for holding zero reserves	Para 1.22	n/a
Details of fund materially in deficit	Para 1.24	none
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	Trustees have no concerns at present

Additional information (optional) You may choose to include further statements where relevant about: The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document	Para 1.25	Memorandum and Articles of Association
How is the charity constituted?	Para 1.25	Company limited by guarantee
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Elected by the formed board of trustees

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51	Crossfields Institute has a wholly owned subsidiary (Crossfields Europa) which operates as a limited company. Crossfields Europa is registered in Denmark and operates throughout Europe on projects aligned with the charitable objects of Crossfields Institute. Any surplus created is used for further charitable work either in the UK or overseas.
Other

Reference and Administrative details

Charity name	Crossfields Institute
Other name the charity uses	CFI
Registered charity number	124859
Charity’s principal address	Stroud House, Russell Street, Stroud GL5 3AN

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Simon Fielding	Chair	n/a
Shaina Stoehr		n/a
LesleyMoore		n/a
Paul Hinchcliffe		n/a
Steve Harvey		n/a

– Corporate trustees names of the directors at the date the report was approved

Director name none

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year

none

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	none
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser Name Address	Type of adviser Name Address	Type of adviser Name Address
none

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

none

Other optional information

none

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date	Paul Hinchcliffe
	Paul HinchCliffe
	Finance Chair
	13thJuly 2022
	13thJuly 2022

CROSSFIELDS INsrrruTE Ilmlted uarantee and not havin Acom an share ca Ital INDEPENDENT EXAMINERS REPORT Independent Examlner's Report to the Trustees of Crossfields Instltute I report to the Charity Trustees on my examination of the accounts of the Company for the year ended 31 March 2022. Responslbilltles and basls of report As the Charity Trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2(X)6 ('the 2CX)6 ACY). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2(x Art and are eligible for independent examination, I report in respect of my examination of your Company's accounts as carried out under section 145 of the Charrties Art 2011 ('the 2011 Arf). In carrying out my examination I have followed the Dorections given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examoner's statement I confirm that l am qualified to undertake the examination because l am a mernber of ACIE, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connertion with the examination giving me cause to believe that in any material respert: accounting records were not kept in respect of the company as required by section 386 of the 2(X)6 Act. or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of sertion 396 of the 2cK Act other than any requirement that the accounts give a 'true and fair Vie which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and pnrKiples of the Statement of Recommended Prartice for accounting and reporting by chanties [applicable to charities 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 connection with the examlnation to whith attention should be drawn in thls report in order to enable a proper understarKlin8 of the accounts to be reached. Sl8ned: Date: Frlday 27 January 2023 Address:

	Crossfields Institute	Crossfields Institute	Crossfields Institute	Charity No (if any) 124859	Charity No (if any) 124859	CC17a
	Annual accounts for theperiod
	Period start date		To	Period end date

Section A	Statement of financial activities
Recommended categories by activity Details of own analysis Note Incoming resources (Note 3) Incoming resources from generated funds Voluntary income S01 Activities for generating funds S02 Furlough S03 Incoming resources from charitable activities S04 Sale of assets S05 S06 Resources expended (Notes 4-8) Costs of Generating Funds Costs of generating voluntary income S07 Fundraising trading costs S08 Investment management costs S09 Charitable activities S10 Governance costs S11 Other resources expended S12 S13 S14 S15 S16 S17 S18 S19 S20 S21 *Total funds carried forward* Total funds brought forward *Net movement in funds* *Net incoming/(outgoing) resources before* *transfers* Gains and losses on investment assets Gains and losses on revaluation of fixed assets for the charity’s own use Other recognised gains/(losses) *Net incoming/(outgoing) resources before* *other recognised gains/(losses)* Gross transfers between funds *Total resources expended* *Total incoming resources*		Unrestricted funds Restricted income funds Sale of asset funds Total this year £ £ £ £ F01 F02 F03 F04				Total last year £ F05
		-	-	-	-	-
		5,125	-	-	5,125	5,928
		-	-	-	-	-
		-	-	-	-	17,070
		283,111	-	-	283,111	267,509
		-		50,000	50,000	-
		288,236	-	50,000	338,236	290,507

		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		278,197	-	-	278,197	284,697
		-	-	-	-	-
		-	-	-	-	-
		278,197	-	-	278,197	284,697
		10,039	-	50,000	60,039	5,810
		-	-	-	-	-
		10,039	-	50,000	60,039	5,810

		-	-	-	-	-
		-	-	-	-	-
		10,039	-	50,000	60,039	5,810
		-	-	-	-	-
		10,039	-	50,000	60,039	5,810

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Section B Balance sheet

Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03	Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03	Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03	Total this year Total last year £ £ F04 F05	Total this year Total last year £ £ F04 F05
12,186	-	-	12,186	542
220,900	-	-	220,900	270,900
-	-	-	-	-
233,086	-	-	233,086	271,442

42,284	-	-	42,284	11,694
-	-	-	-	-
123,977	-	-	123,977	63,588
~~166,261~~	~~-~~	~~-~~	~~166,261~~	75,282

8,236	-	-	8,236	13,288

~~158,025~~	~~-~~	~~-~~	~~158,025~~	61,994

~~391,111~~	~~-~~	-	391,111	333,436

47,636	-	-	47,636	50,000
	-	-	-	-

343,475	-	-	343,475	283,436
122,575 - -
122,575			122,575	62,536
-			-	-
	-		-
220,900			220,900	220,900

~~343,475~~	~~-~~	~~-~~	343,475	283,436

Date of approval Print Name Signature

CC17a (Excel)

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Section C Notes to the accounts

Note 1 Basis of preparation

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);

• and with*  Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE);

and with the Charities Act.

Give details in this box if a different standard has been followed.

None

1.2 Change in basis of accounting

Give details in this box of any material changes that have been made.

None

1.3 Changes to previous accounts

Give details in this box of any material changes that have been made.

None

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

INCOMING RESOURCES

Recognition of incoming	These are included in the Statement of Financial Activities (SoFA) when:
resources	• the charity becomes entitled to the resources;
	• the trustees are virtually certain they will receive the resources; and
	• the monetary value can be measured with sufficient reliability.
Incoming resources with	Where incoming resources have related expenditure (as with fundraising or contract income)
related expenditure	the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations	Grants and donations are only included in the SoFA when the charity has unconditional
	entitlement to the resources.
Tax reclaims on donations	Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to
and gifts	which they relate.
Contractual income and	This is only included in the SoFA once the related goods or services have been delivered.
performance related grants
Gifts in kind	Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
	Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
	distributed by the charity.
	Gifts in kind for use by the charity are included in the SoFA as incoming resources when
	receivable.
Donated services and	These are only included in incoming resources (with an equivalent amount in resources
facilities	expended) where the benefit to the charity is reasonably quantifiable, measurable and
	material_._The value placed on these resources is the estimated value to the charity of the
	service or facility received.
Volunteer help	The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Investment income	This is included in the accounts when receivable.
Investment gains and losses	This includes any gain or loss on the sale of investments and any gain or loss resulting from
	revaluing investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
Liability recognition	Liabilities are recognised as soon as there is a legal or constructive obligation committing the
	charity to pay out resources.
Governance costs	Include costs of the preparation and examination of statutory accounts, the costs of trustee
	meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with performance	Where the charity gives a grant with conditions for its payment being a specific level of service
conditions	or output to be provided, such grants are only recognised in the SoFA once the recipient of the
	grant has provided the specified service or output.
Grants payable without	These are only recognised in the accounts when a commitment has been made and there are
performance conditions	no conditions to be met relating to the grant which remain in the control of the charity.
Support Costs	Support costs include central functions and have been allocated to activity cost categories on a
	basis consistent with the use of resources, eg allocating property costs by floor areas, or per
	capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for use	These are capitalised if they can be used for more than one year, and cost at least £500. They
by charity	are valued at cost or a reasonable value on receipt.
Investments	Investments quoted on a recognised stock exchange are valued at market value at the year
	end. Other investment assets are included at trustees' best estimate of market value.
	None
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM THOSE
ABOVE

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 3 Analysis of incoming resources

This year Last year £ £ Individual Donors 4,223 5,927 - HMRC Grants 902 - - - - Total 5,125 5,927 - - - - - - - - - - Total - - - - - - - - - - - - Total - - Awarding 220,448 200,000 Learning 62,663 66,700 - - - - Sale of asset 50,000 - Total 333,111 266,700 Activities for generating funds Investment income Incoming resources from charitable activities *Incoming resources may be further analysed if this would help the reader of the accounts.* Analysis Voluntary income	This year Last year £ £ Individual Donors 4,223 5,927 - HMRC Grants 902 - - - - Total 5,125 5,927 - - - - - - - - - - Total - - - - - - - - - - - - Total - - Awarding 220,448 200,000 Learning 62,663 66,700 - - - - Sale of asset 50,000 - Total 333,111 266,700 Activities for generating funds Investment income Incoming resources from charitable activities *Incoming resources may be further analysed if this would help the reader of the accounts.* Analysis Voluntary income	This year Last year £ £ Individual Donors 4,223 5,927 - HMRC Grants 902 - - - - Total 5,125 5,927 - - - - - - - - - - Total - - - - - - - - - - - - Total - - Awarding 220,448 200,000 Learning 62,663 66,700 - - - - Sale of asset 50,000 - Total 333,111 266,700 Activities for generating funds Investment income Incoming resources from charitable activities *Incoming resources may be further analysed if this would help the reader of the accounts.* Analysis Voluntary income
Individual Donors	4,223	5,927
		-
HMRC Grants	902	-
	-	-
		-
Total	5,125	5,927

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

Awarding	220,448	200,000
Learning	62,663	66,700
	-	-
	-	-
Sale of asset	50,000	-
Total	333,111	266,700

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Section C Notes to the accounts (cont)

Note 4 Analysis of resources expended Resources expended may be further analysed if this would help the reader of the accounts.

This year Last year £ £ Analysis	This year Last year £ £ Analysis	This year Last year £ £ Analysis
	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
Total	-	-

Awarding costs	45,819	-
Learning costs	43,273	-
Admin costs	70,293	-
Staff costs	118,761	-
*new format this year	-	-
Total	278,147	282,663

Trustee cost	50	-
	-	-
	-	-
Total	50	-

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 5 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

*support costs.*
Support cost type	Fundraising activity £	Charitable Activity £	Governance Activity £	Total Cost £
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
Total	-	-	-	-

Note 6 Details of certain items of expenditure

6.1 Trustee expenses

Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).

Number of trustees who were paid expenses Nature of the expenses Total amount paid	This year	Last year
	0

	0	£

6.2 Fees for examination or audit of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).

*appropriate box(es).*
Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor Independent examiner’s or auditors' fees for reporting on the accounts	This year £	Last year £
	1000	1000

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Section C Notes to the accounts (cont)

Note 7 Paid employees Please complete this note if the charity has any employees.

7.1 Staff Costs

Fundraising Charitable Activities Governance Other Total Gross wages, salaries and benefits in kind The parts of the charity in which the employees work 7.2 Average number of full-time equivalent employees in the year Employer’s PAYE costs Pension costs Total staff costs	This year £	Last year £
	91,070	100,459
	22,137	32,452
	5,554	6,589
	118,761	139,500

	This year Number	Last year Number
	6	7
	-	-
	-	-
	-	-
	6	7

7.3 Defined contribution pension scheme

Please complete if a defined contribution pension scheme is operated. Brief details of the scheme

Royal London Work based pension scheme

		This year			Last year
		£			£
The costs of the scheme to the charity for the year			5554			6589
The amount of any contributions outstanding at the year end	-			-
The amount of any contributions prepaid at the year end	-			-

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 8 Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

8.1 Total value of grants

*part of the charitable activities undertaken.* 8.1 Total value of grants
Purpose for whichgrants made	Grants to institutions Total amount £	Grants to individuals Total amount £
	-	-
	-	-
	-	-
	-	-
	-	-
	-	-
*Total*	-	-

8.1 Grantmaking costs

If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs.

Support costs of grantmaking

8.3 Grants made to institutions

If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.

*institutions supported.*
Names of institutions	Purpose	Total amount of grants paid £
		-
		-
		-
		-
		-
		-
		-
		-
		-
		-
*Total grants to institutions*		-

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 9 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

9.1 Cost or valuation

Freehold land & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Payments on account and assets under construction £	Total £
-	-	-	542	-	542
-	-	-	11,644	-	11,644
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	12,186	-	12,186
270,900	-	-	-	-	270,900
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
- 50,000	-	-	-	-	- 50,000
-	-	-	-	-	-
220,900	-	-	-	-	220,900

- 270,900	-	-	542	-	- 270,358
- 220,900	-	-	12,186	-	233,086

9.4 Revaluation

If any fixed assets have been revalued please give details of the valuer and method of valuation

* The "transfers" row is for movements between fixed asset categories.

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 10 Investment assets

Please complete this note if the charity has any investment assets.

10.1 Fixed assets investments

Add/(deduct):net gain/(loss) on revaluation Carrying (market) value at beginning of year Carrying (market) value at end of year Add:additions to investments at cost Less:disposals at carrying value	£


	-
	-
	-

Please provide below:

10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.

10.3 A breakdown of the income from investments agreeing with SOFA row S03.

Investments in subsidiary or connected undertakings and companies Analysis of investments Other investments Total Investment properties Securities not listed on a recognised Stock Exchange Cash held as part of the investment portfolio Investments listed on a recognised stock exchange or held in common investment funds, open ended investment companies, unit trusts or other collective investment schemes	10.2 Market value at year end £	10.3 Income from investments for the year £
	-	-
	-	-
	-	-
	-	-
	-	-
	-	-
	-	-

10.4 Material investment holdings

If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.

Investment held

Market Value

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Section C Notes to the accounts (cont)

Note 11 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

Amounts falling due within oneyear	Amounts falling due within oneyear	Amounts falling due after more than oneyear	Amounts falling due after more than oneyear
This year £	Last year £	This year £	Last year £
42,284	11,694	-	-
-	-	-	-
-	-	-	-
-	-	-	-
42,284.0	11,694.0	-	-

Note 12 Creditors and accruals

Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors

12.1 Analysis of creditors
Loans and overdrafts Trade creditors Amounts due to subsidiary and associated undertakings Other creditors Accruals and deferred income Total	Amounts falling due within oneyear		Amounts falling due after more than oneyear
	This year £	Last year £	This year £	Last year £
	-	-	47,636	50,000
	8,236	13,288	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	8,236	13,288	47,636	50,000

12.2 Security over assets

If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 13 Reserve and restricted income funds

Please complete this section if the charity has any endowment or restricted income funds.

13.1 Funds held

Please give a brief description of any of the following type of funds held by the charity:

permanent endowment funds (PE);
expendable endowment funds (EE); and
restricted income funds, including special trusts, of the charity (R).

Fund Name Type PE, EE or R Purpose and Restrictions	Fund Name Type PE, EE or R Purpose and Restrictions	Fund Name Type PE, EE or R Purpose and Restrictions
Revaluation reserve	R	The Charity has an appropriate level of reserves is such as to cover six months of minimal expenditure and to support learners and/or students to the natural conclusion of certification with Crossfields Institute (as per section A5.4 in Ofqual’s Conditions of Recognition).

13.2 Movements of major funds

Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.

Fund names	Fund balances brought forward £	Incoming resources £	Outgoing resources £	Transfers £	Gains and losses £	Fund balances carried forward £
Revaluation reserve	220,900	-	-	-	-	220,900
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
Total Funds	220,900	-	-	-	-	220,900

13.3 Transfers between funds

Please give details of any transfers between funds.

From Fund (Name) To Fund (Name) Reason Amount

CC17a (Excel)

21/07/2022

Section C Notes to the accounts (cont)

Note 14 Transactions with related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.

14.1 Remuneration and benefits

Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.

Name of trustee or connected party	Legal authority (eg order, governing document)	Amounts paid or benefit value	Amounts paid or benefit value
		This year £	Last year £

14.2 Loans

Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.

Due to trustees and related parties Due from trustees and related parties	Name of trustee or connected party	Legal authority	Amount owing	Amount owing
			This year £	Last year £

14.3 Other transaction(s) with trustees or related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.

Name of the trustee or relatedparty	Relationship to charity	Description of the transaction(s)	This year £	Last year £

CC17a (Excel)

21/07/2022

Section C Notes to the accounts (cont)

Note 15 Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

1212594 - Crossfields Europa, Filial af Crossfields Institute CLG, England

Full accounts available in separate PDF document (in English from page 3)

Note: Danish accounting protocols mean that a debit is shown as a positive figure and a credit is negative

CC17a (Excel)

21/07/2022