a) Guild£ord
Institute
Annual Report andAccounts
Guild£ord
Institknt.
,I.JL'ei, Lw..
2024

Contents
Trustees Report
Chairperson's Introduction
Our Year at a Glance
Who we are
What we do
Where we are
Our value5
Our key achievements this year
Important changes from July 2024
Our people
Structure, Governance and Management
Financial Review
5-11
12
13-16
17
18
Reference and Administrative Information
19
Financial Summary
Independent Examiner's Report
Statement of Financial Activities
20
21
Balance Sheet
22-23
Notes to the Financial Statement5
24-32
Detai led Statement of Financial Activities
33-34

Chairperson's Introduction
The Board of Trustees are delighted to present the Annual Report of a charity
committed to enriching the lives of individuals and the community as a whole.
This report serves as an overview of our principaL activities and community initiatives aLong with a summary of
achievements and deveLopments for the year under review. 1st August 2023 - 31st July 2024.
As Last year. our main aim during this period has been to address financing concerns and secure long-term
SUStainabiLity for The Guildford Institute. By the end of this period we had made considerabLe progress towards
doing this.
Firstly M.'Tech. an organisation providing extracurricular music technoLogy and creative courses for children. began
their tenancy in May 2024. M.-Tech have settled in welL and we are confident that they share our values for the
community and look forward to deveLoping joint projertS With them over time. Revenue from thi5 tenancy wilL
Start to flow into the Gl Later in the 2024-2025 financiaL year.
SecondLy, we have used a considerable amount of our remaining reserves to redeveLop the ground floor of the
building (the former RBS premi5e51 as a Community and WeLlbeing Hub, opening in September 2024. The new
space wilL consist of six purpose-built therapy room5 which WILI provide mentaL health 5UPPOrt for the community.
The new space is a huge improvement on the oLd buiLding, and the space has been designed to provide maximum
flexibiLity which wilL aLLow the hub to be used to best effect in coming years.
These changes WILI mean that by the end of the next financial year the building WILI look very different, as wilL the
funding model. However, despite these positive changes, ensuring adequate financing for the Institute WILI remain
a chaLlenge. We have therefore had a reorganisation of our senior staffing roLes. We are delighted to welcome
back as Manager Amy Rice after her maternity Leave, and Lisa TayLor. who had been covering that role during
Amy's maternity leave. ha5 moved to Business DeveLopment Manager, a cruciaL roLe in ensuring the Guildford
Institute's Long-term success.
We have aLso continued to develop our charitabLe offer, from developing cLoser ties with Local charities. offering
'drop-in' activities such as the Chatty Cafe and Stitch & Sip. and have now opened up our wonderful historic
library to aLI user5 of the Institute. We are also delighted to say that our award-winning V Cafe is again open 5
days a week for the first time since Covid.
Looking forward. we hope for a period of consolidation after many years of difficuLt and turbuLent events. from
Covid and Lockdown to our issue5 around finding a new tenanL This year we aim to concentrate on increasing the
reach of GuiLdford Institute. whether it is in courses offered. talk5 and visits run, increasing room hire or in our
charitabLe work. We hope to offer aftemoon fiLms. evening music events. and continue to innovate and surprise
with our activitie5 to keep the Guildford Institute at the centre of our town and comrnunity.
BRIAN CREESE
The GuiLdford Institute AnnuaL Report & Account5 2024

Our year at a glance
Offered over 1.114 hours
of course teaching
Delivered an afternoon
talks programme to more
than 1,250 people
Supported Local cuLtural
venues through 10
group visits
Began work to turn our ground
floor from a bank to a
Community & WeLlbeing Hub
Had 102.000 visits
Made Library book
borrowing freely available
to the whole community
to our website
Facilitated 67 yoga cLasses
and 60 meditation sessions,
promoting weLLbeing
Served 8,502 people
in our vegetarian
community cafe
Offered a programme of
212 courses
Obtained a new tenant on our
second floor, providing
financial support to our charity
Ran free coffee momings
in our Library to showcase
our historic archive
Grew our audience. with
16Yo of orders coming
from new customers
Installed I fixed and
2 portable hearing Loops
2 of our volunteers celebrated
10 years of 5errfice
Provided weekly working
opportunities for 4 interns
The GuiLdford Institute Annual Report & Accounts 2024

Our year at a glance
Facilitated 644 meetings
for charities & not-for-profit
organisations
Facilitated 133
NHS meetings
Provided staff training on
Autism. Dernentia &
Domestic Abuse Awareness
Sij)
Hosted over 245 hour5 of
fun with Guildford Games CLub
Condurted our first digitally-
led brochure launch, to be
environmentally conscious
Ran a programme of free
music events
Acted as a drop-off Location for
a Community Food Bank
Ran 50 free drop-in
sessions to tackle loneliness
Sent monthLy e-newsletters
to over 2.700 subscribers
OO
Continued to be part of the
Safe Places National Network
Provided a permanent space
to 22 talking therapists,
counselLors and psycologists
Partnered with GuiLdford
Arts to provide 11 free
exhibitions to support over
25 LocaL artists
Reached 40, 400 peopLe
through our Instagram and
Facebook posts
Offered 203 5e55ion5
online, for those who find it
easier to take part from home
Partnered with Open Access
Arts to offer free & creative
dementia-friendly sessions
The Guildford Institute Annual Report & Account5 2024

Who we are
The Guildford Institute is a local registered charity and limited company, providing
cultural education to people in Guildford and beyond in an accessible and friendly
environment.
We are open to aLI and serve a diverse audience from across the local community, including oLder people,
professionaLs, young peopLe and children.
We are governed by a board of trustees and operate with a stllalL professionaL staff team, supported by
voLunteers and interns.
I What we do
We deliver a flexible. high quality and diverse range of activities and provide space
to support a variety of local groups and charities.
Our principal business is the provision of education and cultural event5 to the aduLt community through
courses, events. VlSlt5. talks and access to our historic library and archive.
We are also home to a group of talking therapists - counselLors, psychologists, psychotherapists and
family mediators.
We run an accessible community café. which is open to all, providing quaLity, healthy and nourishing
food and refreshments in a comfortabLe and welcoming space.
In order to subsidise our charitable activities we also lease out parts of Grade11 listed building.
ere we are
We are based on the corner of North Street
and Ward Street. in the heart of GuiLdford,
where we have been educating. inspiring,
and uniting people across the local area for
over 150 years.
66
Guildlord Institute is a wonderful resource
and our town is very lucky to have itl
99
ur values
Irv
',T JI
Our values are Simple. we
are inclusive
deliver quality in all we do
value participation
• are committed to a culture of team work and
collaboration
The GuiLdford Institute AnnuaL Report & Account5 2024

Our key achievements this year
e continued to develop our programme this year. Our programme is the
heart of what we do
Across the year, we organised 212 courses. representing 1,114 hour5 of teaching. Our programme was as
wide-ranging as ever and incLuded topics as varied as Ukroinion Art. An Introduction to Zen andjapanese
Philosophy and Marvels of Aerospace Engineering.
We continued to provide an online programme offering for those who find it easier to take part from
home. with 203 sessions offered online.
Our Wednesday afternoon talks programme proved to be as popuLar as ever with more than 1,250
attending these events throughout the year. Particular highlights were 50Ld-out taLks conducted by V&A
Curator Stephanie Wood on Coco Chanel and Mary Quant.
We supported other local cuLturaL venues by organising a totaL of ten group visits thi5 year, and hosted a
wealth of onsite '5pecial events.. Music night5 in particuLar were a prominent feature of the events
programme thi5 year, with a series of free Open Mic Night5 on offer, recital5 by Local Young Musicians
and a 50ld-out Guildlord Rock n Roll Show providing an evening of fun and nostalgia.
As a first, with a view to being environmentslly conscious, we conducted a digital-first brochure launch
this year. reducing the number of brochures that we printed and instead sending copies digitally. A
growing reLiance on digital media will continue to form a focus for us moving forwards. enabling us to be
more flexible and responsive with our programming.
'66
Coming to courses and talks at the Guildford Institute is so important
to me. I retired a year ago and am li￿ng on my own. I did not seem
to have a purpose ...... coming here means that l am learning new
things, at my age ollife, and as importantly l am getting to know a
lot of new people and hopefvlly these ￿.11 develop into friendships.
99
We began redevelopment work5 to turn the Institute's ground floor into a
Community & Wellbeing hub. We reclaimed the Space that had been Let out
as a bank since 1964, turning it back into a community asset
In July 2024, we began redeveLopment work5 to turn our ground fLoor into a Community & Wetlbeing
Hub. Untiljune 2022, thi5 part of the building had been occupied by a banking tenant for 58 years.
The GuiLdford Institute Annual Report & Accounts 2024

Our key achievements this year
In the absence of a commerciaL tenant coming forward to take over this space, and following the
withdrawaL of a previous offer from a dentaL prattice in November 2023, the Board decided this would
provide the best way of effectively utilising this prominent space on North Street to extend our offering,
whiLst also acquiring vitaL income for our charity.
The redeveLopment project was funded from the Institute's reserves and invoLved the creation of 51X
purpose-built therapy room5 that can be used to provide much-needed mentaL heaLth sUPPOrt for the
community in the daytime, evenings & weekend5.
Also included in this project was a meeting space that can be utiLi5ed for a wide range of meetings,
which is regularLy used by groups such as Educatch Charity, an organisation that provides targeted
support for young peopLe.
66
The demandfor mental health support in
Guildlord and the wider community is
extremely high and a Hub such as this is very
much needed in the town centre. The demand
for such setvices and space is experted to rise
as the town centre populrtion is Set to
increase over the next decade.
99
Vanessa King, Borough Councillor
66
As a counsellor Ifeel it is very important to offer
counselling sessions in on accessible, easy to reach,
town centre location near to trains, buses and parking.
The Guildford Institute also offers other courses
importantfor mental health such as art and tai chi that
our clients can access. Here you meet a diverse range of
people and committed volunteers. The new space will
provide spacious, bright purpose-built therapy rooms
and an areafor group counselling sessions.
Helen Baker
99
The Guildford Institute AnnuaL Report & Accounts 2024

Our key aehieuements this year
We obtained a long-term tenant for the second-floor of our building,
securing vital income for our charity
M..Tech Education Services began their tenancy on the second-fLoor of our buiLding in May 2024.
M-Tech was Launched in 2008 and provides extracurricuLar music technology and creative courses for
chiLdren. Importantly, they share our mission and value5.
FolLowing a period of redeveLopment on the second fLoor in the earLy surntner of 2024. M:Tech have
settLed into our buiLding and WILL continlje to provide assured income for the Institute in the years to
come.
We worked with local charities and organisations
We partnered with a wide variety of local charities and organisations in order to widen the support we
can give to the community.
We continued our Long-standing relationship with Halow Project to provide 'Crafty Creations., which
supports peopLe with learning disabilities and/or autism on their journey into and through aduLt Life.
FoLLowing receipt of a grant from the ShanLy Foundation, we developed a partnership with Open
Access Arts to deliver a Series of free creative sessions aimed at peopLe Living with t)ementia.
One of our professionaL team sat on the Board of Experience GuiLdford. vvhich aims to support Local
busine55es to coLLaborate and deveLop.
We sponsored a prize at Guildford Art Societys summer exhibition.
66
Cn7fty Creations weekly art and craft group has met at
The Guildford Institutefor eight years. in which time I
have been their specialist art tutor. supplied by Guildford
Institute. The Institute provides the Halow Projert
students with a sympathetic venue, where they canfeel
relaxed and where their talents canflower. This is an
important 155uefor people with a learning disability. to
whom the world can sometimesfeel a bewildering place.
The Pmjert encourages student independence and the
Institute's central location enables many of them to make
their own way to classes, and its accessibility make it
Sultablelor members with additional physical disabilities.
Hilary Underwood, for Halow Project. Crafty Creations
99
The Guildford Institute Annual Report & Accounts 2024

Our key achievements this year
5-4J We provided facilities for more than 800 meetings
Our room hire offering continued to be most popular
with charities and not-for-profit organisations this
year, with 75°A of our bookings coming from these
organisations.
Room Bookings August 2023- July 2024
We saw a significant rise in bookings and income
obtained from hosting meetings this year- a 31%
in increase in income compared to the previous year.
We're delighted that our venue has been able to
support so many other local charities by providing
them with reduced room hire fees and an inclusive,
accessible space to meet. We are proud to have
included charities and not-for-profits such as the foLLowing in our list of reguLar hirers thi5 year:
Lhanries & lommunrry Groups
•NH5
Standard Users
The Eikon Charity. who host a regular LGBTQ+ youth group at our venue
Guildford Games Club
Versus Arthritis. the UK'S largest charity dedicated to supporting peopLe with arthriti5 and
The National Autistlc Society
Focus on Room Hirers: Guildford Gamers
We hosted 245 hours of board gaming fun.
66
The Guildford Institute is a great community venue. conveniently
located in the town centre. Many board-games clubs meet in dark, -
noisy, sticky pub5 - moving here was a literal game changer for LL.1
our group. The Institute is very accommodating, offering a variety
of flexibly configured rooms to fit our needs. at reasonable rates.
The staff are friendly and helpful. and the building is set up to
ensure that attendees with mobility issues can access alL the
spaces. The only unexpetted pirfalls and dicey 51tuations we face
at The Guildford Institute are the ones in our games.
99
The Guildford Institute Annual Report & Accounts 2024

Our key achievements this year
Our community vegetarian café provided healthy meals for local people.
whilst also providing a friendly space for free events to take place
This year, we served 8,502 people in our café. providing heaLthy, home-cooked food from a daily-
changing menu.
Our café increased its operating hours to include Mondays this year, for the first time since the
pandemic. enabling us to offer this service five days a week once again.
66
Just lovely. Perfert place to chat with
Iriends and ert tastyfood. Varied menu of
veggie and vegan options. Lovely
atmosphere. Plenty of space. A sale,
comfvrtable space ifyou're on your own
but equally welcomingfor small groups.
Staff are superfriendly and helpful.
99
Tripadvisor Review, June 2024
Beyond providing healthy meals, the café space provided an area for a wide variety of groups to meet.
free of charge. This include5:
Stich and Sip. which meets fortnightly to provide sociaL opportunities whilst practising crafting skilts
Meetings on behalf of the national Chatty Cafe Scheme the UK'5 Leading non-profit organisation
tackling loneliness
A Guildford Artists Support Platform (AGASP), which facilitates coLLaboration between LocaL artists
Plus reguLar language conversation groups in French, Italian and German. respertively
We also partnered with Local organisation Guildford Arts to provide 11 free exhibitions in the café,
5UPPOrting over 25 Local artists throughout the year.
The Guildford Institute Annual Report & Accounts 2024

Our key achieve7nents this year
Book borrowing became open to all, making our historic library more
accessible to the community
Having opened in 1892, our Library has been serving the Guildford community and beyond ever since!
This April, we changed our policy regarding borrowing. making books from this unique asset avaiLable to
all for the first time in recent history. This change brings book borrowing in line with acce5S to the
Institute's impressive archive coLLection and historic research, which is aL50 freely avaiLable to the
pubLic.
Our library is staffed entireLy by an extremely dedicated and knowLedgeabLe team of voLunteer5. many of
whom have been volunteering at the Institute for a period of ten year5 or more. In addition to ensuring
the Library 15 well run day-to-day, the team host regular coffee mornings in the Library. These popular
events are free to attend and provide an opportunity to showcase some of the historic archive material
to an audience.
The unique space provides a safe and welcoming place to browse, read and research. It also provides a
home for Institute activities such as our Creative Writing course, a book cLub and writing circle, a5 weLL
as a space for room hirers such as the NHS, who use the space weekLy to host a support group for those
with personaLity disorders.
66
Libraries are special - andlew more so, to
my mind, than the small but perfertly-
lon77ed library rt the Guildlord Institute.
This historic librory. with its wide selertion
olbooks. friendly atmosphere and expert
(volunteer) librarians, stays true to the
Institute'slounding aim of offering
educrtion to all. With shelves of books
reaching to the ceiling, it exudes thot heady.
slightly musty scent of learning, common to
great libraries across the world....
jlBIjI:l-llllt12 r
iNI:,-Jiir
The Guildford Institute Annual Report & Accounts 2024
10

Our key achievements this year
66
.. Through 2024, I've been lucky enough to
savour all thisfor myself. In the spring I was
pleased to give a Coffee Morning talk,
explaining the role the Institute (and Stella
Stockerfs creative writing classes in
particular) had played in my short story
collertion being published. I've atso enjoyed
the Library s eclertic selection of titles,
spanningfirtion and non-fiction. It's clear
that past, as well as current, librarians have
had discerning taste, M'th slightly
overlookedfemale writer5 - think Dorothy
Whipple or Susan Hill - particularly well
represented. Very often, a book thays hard
to find elsewhere - even rt the larger
Guildford Library across the road - can be
tracked down in the Library's shelves or stores.
The Library is open to all, whether Institute members or not, all day on
Thursdays and Saturdays. It s o wonderful place to browse, learn about local
history or simply read the newspaper. At a time when far too many libraries
across Britain are closed or under threat, leys make the most of this precious
gem on our doorstep.
99
Alice Fowler, former Institute student and author
The GuiLdford Institute Annual Report & Accounts 2024
11

Important Developments since July 2024
This year, we've executed some big changes, making our organisation more resilient
moving forwards. We'll continue to adapt during the upcoming year in order to
secure the Long-term future of our important community resource.
Our
history
1891 ￿ 1892
1964
The Mechanics
Institute purchased a
faiLing Temperance
Hotel
Created teaching rooms
and a home for a Library-
this became The
Guildford Institute
Let the ground floor and basement of
the Institute to William5 & Glyn'5 Bank
and subsequently The Royal Bank of
Scotland (RB5). to provide us with
income to sub5idi5e our core purpose -
to offer educational activities - in an
economicalLy viable way
Present
day
September 2024 -• November 2024
Work5 in our new Community & WeLLbeing
Hub were completed. with aLI therapy rooms
Let at the point of compLetion to a totaL of
14 therapists, counseLLors and psychologists.
The hub was ofFicialLy opened at a
weLcome event by the Institute's patron.
The Mayor of GuiLdford, SaLlie Barker MBE,
alongside our local MP, Zoe Franklin.
Future
Plans
Partnerships & Fundraising ￿ Growing our programme
Despite the Successes reported in this
report the Institute does still have a
significant gap in our finance5 folLowing
the Ios5 of the rental from our previous
ground-floor tenant and in the face of
the current economic climate. A key goal
for the way forward is to focus on
addressing this by extending our reach
into the community with a greater
number of partnerships with Like-minded
organisations. We are also planning to
launch fundraising campaigns and appLy
for grants to secure additional funding.
We will continue to grow our programme
offering and audience. through the addition of
new activities and making use of our greatest
asset - our historic building - by utilising it as
much as possibLe throughout the whole year. In
February 2025, we will move away from a
three-termly, traditional academic structure
and instead release two large, six-monthly
programmes per year. By doing so. we aim to
make greater use of previously slightLy quieter
time5 in the academic calendar, such as Augus¢
and ensure that we're providing a5 much as
possible for the community, aLI year round!
The GuiLdford Institute Annual Report & Accounts 2024
12

Our People
We are governed by a board of trustees and operate with a small professional staff team aLong with
volunteers and interns. We are extremely grateful for the hard work and dedication shown by aLI of these
individuaLs.
Trustees
Brian Creese.
Chair
Background in:
Education,
TV/Video
Elerted 2019
Mlke Klrby.
Treasurer
Background in:
Accountsncy
lp
Elected 2020
Sophle Chapman
Background in:
Transport
leadership
David Cheeseman
Background in:
Transport and
higher education
I-l
.trI.I*AI
Elerted 2017
Elerted 2019
Janet Crowe
Background in:
The criminal
justice system
Phll Davles
Background in:
Public and
charity sertor
leadership
Elerted 2022
..1 Elerted 2018
Rachel Pirovano
Background in:
Fundraising
sertor
Tom Heasman
Background in:
Strategic change,
economics,
computer science
Eletted 2021
441
Elerted 2022
Focus on David Cheeseman, Trustee
The more I see of the Gl and what it does, the more l admire it. Our country and our Society IS
much richer a5 a resuLt of having so many wonderful institutions dedicated to making crafts, arts,
culture and further and higher education available. I think it is a priviLege to be involved in the
Institute and its brilliant work.
The Guildford Institute Annual Report & Accounts 2024
13

Our People
Staff team
Amy Rl
Manager
Chelsea Eves
Programme
Manager
Amy Mason
Events
Assistant
Mark Finn
Evening
Steward
Usa Taylor
Business
DeveLopment
Manager
Emma Abram5
Marketing &
Comms Officer
icky Pursey
Finance &
Projects
AsSlStant
Antonio
Stifanl
Caretaker
Focus on Amy Rice, Institute Manager
Amy h35 worked at the Institute for more than 10 years, having done three roles in the office before
taking over as Institute Man3ger in 2018. Amy enjoys how varied her role is, from dealing with the
Grade11 Listed building, to helping with event5, to financial responsibilities
and much more in-
betweenl Amy's favourite part of her job, however, 15 spending time with all the peopLe invoLved at
the Institute, including the customers and the dedicated staff team. The Institute is so important to
so many peopLe, and it is lovely to be part of itl
Our Interns & Volunteers
Our organisation reLies on the support of a team of volunteers. who give their time in tasks as varied as-
Running the Institute's library, which is staffed exclusiveLy by a team of volunteers
Assisting with events organisation and delivery
Assisting with the maintenance of our Grade11 listed building
Working on our Reception and assisting with admin
This year, we celebrated the ten-year anniversary of two of our volunteers joining our team. Both PhiLip
WiLkinson and Rob Durham have given a huge amount of time to the Institute library and we are
extremeLy gratefuL to them.
The Guildford Institute AnnuaL Report & Accounts 2024
14

Our People
We aLso provided deveLopment opportunitie5 to four interns this year. each of whom dedicated
significant time to the Institute and gained vaLuabLe work experience as a result. These individuaLs were:
Bipina Gharti, Marketing Intern
Jansu OguLmus, Marketing Intern
Emma Gunasekera, Data Intern
lan Chan, Communication & Engagement Intern
Focus on Emma Gunasekera, Data Intern
I have loved my time volunteering at the GuiLdford Institute. and something I looked forward to
each week. As a volunteer primarily based in the office. it has provided me with valuabLe
knowLedge and skil15 that it takes to run a pLace Like the Gl on a day-to-day basis. Throughout my
experience, I have aLso enjoyed getting to know the staff, who are incredibLy kind and generous,
and aLway5 appreciative of any help they receive. The Gl is a very warm environment, both for the
visitors and volunteer5. and a place I highly recommend to anyone in and around Guildford.
Our Tutors
We simpLy could not run our extensive activity programme without our dedicated team of tutors. Their
passion and knowLedge of their subject matter ensures that our courses are aLways of high quaLity, and
their creativity ensures that the programme is forever growing and extremeLy varied. We thank them for
all of their hard work.
Focus on Darren Harper BA (Hons) PGCE
As an itinerant aduLt education teacher. teaching Philosophy,
Literature and Creative Writing, I made contact with the Gl in
January 2022. Since that time, Chelsea (Programme Manager)
and I have experimented with different courses in these areas.
and now have an enthusiastic folLowing for Philosophy.
Philosophy & Literature. and StOlC15m with Meditation.
The aim of my courses is to encourage people to think about
the world from different perspectives, as well as to develop
their understanding. By doing this in an engaging (and. dare I
say. entertaining) way, I feel that the courses are not only fun,
but intelLettuaLly. emotionaLly and Socially nourishing.
AIL of this is made possible by the Gl itself. By the ever
enthusiastic team (both in the office and the trustees I have
met). who beLieve wholeheartedly in the immeasurable value
of Lifelong Learning, and its benefits to the community.
The GuiLdford Institute Annual Report & Account5 2024
15

Our People
Gl Stakeholder Survey 2023
IOO°A of respondents rate the quality of course content as high quality or very high
quality.
The peopLe who use the services that we provide are from right across the local community - people
who want to learn, be entertained. sociaLise, or who need support
are why we do what we do. Whether
attending an art history lecture or a counselling appointment, joining a Chatty Café session, pLaying
board games. using our library, or having Lunch in our café, we value each and every one that comes in
to our buiLding. We provide a warm welcome. a helping hand if needed, a promise to SUPPOrt personaL
growth for each individual, and facilitate meaningfuL connections within our diverse community.
66
Many thanksfor Mondaji's party. I came solo,. and it was immediately obvious that
one of the great strengths of the Gl is the appreciation of its members for all that is
on offer and the way that the empathetic staff team do so much to give afocus to
the strong communityfeeling and sheer sense of enjoyment at events. So on Monday
I was able to sit and chat with two members I didn't know previously, and then 'link'
with a new member who had recently returned to the area and wefound we had
much in common.
99
Institute Member
Thanks to all of our supporters
The Guildford Institute AnnuaL Report & Account5 2C124
16

Structhre, Management and Governance
Our Organisation
The GuiLdford Institute is a registered charity and company limited by guarantee. Our work is delivered
by a smaLL team of paid staff, supported by volunteers and interns, and overseen by a trustee board.
Our Governance and Management
Our trustee board sets Out our vision and strategic direction. It deLegates some of its responsibilities to
sub-committee5. each with its own terms of reference and membership. Each subcommittee incLudes at
Least one trustee who reports to the fuLI board. Our Institute Manager, working with our management
team. is responsible for delivering the board's vision and for day-to-day operation.
Election and Training of Trustees
We recruit trustees through an open and competitive proce55. Using local and nationaL media to find
people with suitable Skills and experience to provide good leadership and make sound decisions.
Trustees are formally elected by board members at their Annual GeneraL Meeting (AGM) and given such
training as is necessary upon appointment. The trustees appoint the Chairperson from among their
number.
Trustee Meetings
Our trustees usuaLLy meet every six weeks. with the Institute Manager and Business Development
Manager in attendance. Trustees are asked at the start of each meeting to declare any relevant interests.
Strategic Planning and Delivery
Strategic planning and strategic decision making is the responsibility of the board of trustees. A formaLLy
agreed and regularly reviewed strategic plan informs and guides the work of the trustees. the manager
and the professional team. Operational planning, management and management decision making is the
responsibility of the manager. However, as the Institute is a smalL organi5ation. these demarcations are
somewhat fluid. The manager 15 responsible for budgeting and generaL finance5 With the support of the
trustees and the designated treasurer.
Risk and internal controls
The trustees have adopted the provisions of Accounting and Reporting by Charitie5: Statement of
Recommended Prartice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicabLe in the UK and RepubLic of IreLand (FRS 102) (effective l January 2019).
The Guildford Institute Annual Report & Account5 2024
17

Financial Review
The year to 31st July 2024 was another challenging one for the Institute financially. In
large part, this was due to the ground floor of our historic building being vacant for the
entire financial year, and therefore it yielded no revenue.
Total income this year was £261,772, 3 decrease of £168,418 or 39% year on year. However, last yearfs
income incLuded a one-off receipt of £165,242 in diLapidations payments from our departing ground fLoor
tenant. We are pleased to say that our course revenue showed a very healthy 9°A increase.
TotaL expenditure this year wa5 reduced considerably. with outgoings totaLling £340,072 this year compared
to £479.657 Last year (a 29% decrease)- However, thi5 figure is once again impacted by the dilapidation5 on
the ground fLoor, with £123.759 being spent on thi5 in 2022-2023. compared to nothing in this financial year.
OveraLL the Institute made a Significant Los5 this year of £78.300, compared with a [055 of £49,447 from
2022-2023. A5 discussed, thi5 is mainLy due to the absence of any rentaL income for the ground fLoor, in
addition to increased costs in some areas, particuLarLy Staffing.
FoLlowing the I055 of the prospective tenant, a dental practice. for the ground floor in November 2023, and in
the absence of any immediate aLternative commerciaL interest, considerable thought and effort has been
appLied this year into planning for the future and generating a feasible aLternative use for this premium space
within our building. As discussed on pages 5, 6 and 7 in this report, a redeveLopment project was completed
shortLy after the year end to turn thi5 Space into a Community & Wellbeing hub, which WILI benefit local
people but WILI also make us a considerably more resilient organisation going forwards. The type of tenants
who now occupy our ground fLoor space are al50 more cLoseLy aligned to our core charitable vaLues than were
the previous long-term tenants. We also gained a new long-term tenant on our second fLoor during the 2023
2024 financial year. We anticipate that this WILI lead to an improved performance in 2024 - 2025 compared
with this year, as we continue to adjust to the Loss of the extremely significant income we obtained from our
former tenant. The Royal Bank of Scotland. However, it shouLd be stressed that the market for commercial
properties is not as strong as it once was and the Institute 5tiLI faces chalLenge5 in order to get it5 income
levels back to Long-susta inabi Lity.
To sumrnarise, the Institute's Unrestricted Funds reduced by £80.915 this year to £418,281. These funds
incLude £556.987 of Designated Funds. as detailed in note 16.
The balance on the Institute's Restricted Funds increased by £2,615 to £473,437. leaving total funds at
£891.718, a decrease of £78.300 for the year.
Reserves Pollcy
The Charity Commi55ion expect5 trustees to decide, pubLish, implement and monitor a charity'5 reserves
policy. The board of trustees has determined that the Institute should be putting aside a reserve of £336,987
as Designated Funds. a subset of totaL Unrestricted Fund5, a5 detaiLed in note 16.
The Guildford Institute AnnuaL Report & Accounts 2024
18

Reference andAdministrative Information
Legal and administrative detsils
Registered Company Number 6571640 (EngLand and Wales)
Registered Office GuiLdford Institute Ward Street Guildford GUI 4LH
Registered Charity Number 1125031
Bankers
CAF Bank. 25. Kings Hill Avenue, Kings Hill. West MaLLing, Kent, ME19 4JO
Solicitors
Moore Barlow, Gateway House, Tollgate. Chandler's Ford. EastLeigh. S053 3TG
Trustee5
S Chapman
M F Kirby
D S Cheeseman
J Crowe
B Creese
T E Heasman
P L G Davies
R Pirovano (resigned 30.10.23)
Independent Examiner
A J Bennewith FCA. FCPA, FFA. FFTA, FIPA, DChA, FRSA
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GUI 4XA
Approved by order of the board of tru5tee5 on . 30
Lr.
and signed on its behalf by:
B Creese - Trustee and Chairperson
The Guildford Institute AnnuaL Report & Accounts 2024
19

Independent Examiner's Report to the Trustees of The Guildford Institute
Independent examlner'5 report to the trustees of The Guildford Institute {'the Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2024.
Responsibilities and basis of report
As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible
for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l.
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act
and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried
out under Settion 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the
Directions given by the Charity Commission under Section 145151 Ibl of the 2011 Act.
Independent examiner's statement
Since your charity's gro55 income exceeded £250,000 your examiner must be a member of a listed body. I can confirm
that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in
England and Wales, which 15 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=
accounting records were not kept in respett of the Company as required by Section 386 of the 2006 Act- or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of Settion 396 of the 2006 Act other than anv
requirement that the accounts give a true and fair view which is not a matter considered as part of an
independent examination; or
the accounts have not been prepared in accordance with the methods and principle5 of the Statement of
Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
10211.
I have no concerns and have come across no other matters in connettion with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
AJ Bennewith
FCA, FCPA. FFA, FFTA, FIPA, DChA FRSA
Upper Ground Floor
18 Farnham Road
Guildford
Surrev
GU14XA
lois
20

Statement of Financial Artivities
for the Year Ended 31 Jul 2024
31.7.24
Total
funds
31.7.23
Total
funds
Unrestricted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
5,783
2,653
8.436
41,698
Charltsble artivities
Institute Artivities
Courses
17,560
99,040
17,560
99,040
17.577
90.872
Other trading activities
Investment income
Other income
126,724
5.012
126.724
5,012
5.000
101,094
2,399
176,550
5,000
Total
254.119
7,653
261,772
430.190
EXPENDITURE ON
Charitable artivities
Library
Institute Attivities
Bar
Courses
General Activities
Premises
1,698
9,407
5,384
31,595
243,566
43.384
809
2,507
9,407
5,384
31,595
243,566
47.613
2.709
10.469
4.809
33.190
265,227
39,494
4,229
Other
123.739
Total
335,034
5,038
340,072
479,637
NET INCOME/{EXPENDITURE)
180,9151
2,615
I78,3￿}
{49,4471
RECONCILIATION OF FUNDS
Totsl funds brought forward
499,196
470,822
970,018
1,019.465
TOTAL FUNDS CARRIED FORWARD
418.281
473.437
891.718
970,018
The notes form part of these financial statements
21

Balance Sheet
31Jul 20Z4
31.7.24
Total
funds
31.7.23
Total
funds
Unrestricted
funds
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
io
264,271
468,437
732,708
703.691
CURRENT ASSETS
Stocks
Debtors
Cash at bank
li
12
1,664
76,476
229.738
1,664
76,476
234,738
2.381
22,724
336.158
5.000
315,895
5,000
32.895
361,263
CREDITORS
Amounts falling due within one year
13
1142,4431
1142,4431
{83,0091
NET CURRENT ASS￿5
165,435
5,000
170.435
278,254
TOTAL A55ETS LESS CURRENT LIABILITIES
429.706
473,437
903,143
981,945
CREDITORS
Amounts falling due after more than one year
14
111,4251
111,4251
111,9271
NET ASSETS
418,281
473,437
891.718
970,018
FUNDS
Unrestricted funds
Restricted funds
16
418,281
473,437
499,196
470,822
TOTAL FUNDS
891,718
970,018
The charitsble company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 July 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 July 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
lal
ensuring that the charitable company keeps accounting records that comply with Sertions 386 and 387 of the
Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable company
as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements ofthe Companies Art
2006 relating to financial statements, 50 far as applicable to the charitable company.
Ibl
The notes form part of these financial statements
22
continued...

Balance Sheet- continued
31Jul 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
..30 /•.*. 4..U.. .... and were signed on its behalf bv:
reese- Trustee
irby Trustee
The notes form part of these financial statements
23

Notes to the Financial Statements
for the Year Ended 31 Jul 2024
ACCOUNTING POUCIES
Basls of preparing the financlal ststements
The financial statements of the charitable company. which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities- Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191,. Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recogni5ed in the Statement ot Financial Artivities once the charity has entitlement to the funds. it
is probable that the income will be received. and the amount can be measured reliably.
Lifetime memberships are credited to the Statement of Financial Activities over a period of ten years.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committinE the
charity to that expenditure, rt is probable that a transfer of economic bene*its will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and
has been classified under headings that aggregate all cost related to the category. Where costs cannot be dirertly
attrib￿ed to particular headings, they have been allocated to activitie5 on a ba515 con515tent with the use of
resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
Freehold property
Improvements to property
Fixtures and fittings
Computer equipment
Not provided
Straight line over 10 years
Straight line over 3 years
Straight line over 3 years
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.
Taxation
The charity is exempt from corporation tax on its charitsble activities.
Fund accounting
Unrestritted funds can be used in accordance with the charitable objertives at the discretion of the trustees.
Designèted funds. which are Unrestricted funds, have been set aside by the trustees for future expenditure as
noted in the Trustees, Report.
Restricted funds can only be used for particular restricted purposes within the objects of the charity- Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
24
continued...

Notes to the Flnancial Ststements- contlnued
for the Year Ended 31 Jul 2024
OTHER TRADING AcfiviTIES
31.7.24
31.7.23
Room and Equipment Hire
Annual Membership
Bar
Rental Income
Lifetime Membership
Other Income
Service charges
Professional fees contribution
76,131
12,282
10,649
22,130
502
607
1,500
2,923
57,934
9,415
8,955
23,406
552
832
126.724
101,094
INVESTMENT INCOME
31.7.24
31.7.23
Dep051t account interest
5.012
2,399
OTHER INCOME
31.7.24
31.7.23
Grants receivable: core funding
Grants receivable: specific
Settlement received on departure of tenant
10,000
1,308
165,242
5,000
5,000
176.550
OThER
31.7.24
31.7.23
Dilapidations expenditure following departure of tenant
123,739
NEf INCOME/(EXPENDITURE)
Net {incomel/expenditure 15 Stated 3fter {creditingllcharging'.
31.7.2
31.7.23
Independent Examiner's fee
Depreciation - owned assets
Legal and professional fee5
1,440
4,153
6,277
1,920
5,350
29,644
Of the above legal and professional fees, £5.504 related to building dilapidations and work connected with the
proposed lease12023- £28,294) and £773 to other matters12023: £1,350).
25
continued...

Notes to the Financlal Statements - contlnued
for the Year Ended 31Jul 2024
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 July 2024 nor for the year ended
31 July 2023.
Trustees. expenses
A total of £3012023: £4401 was paid to one trustee12023= four) in respect of travel expenses during the year.
srAFF COSTS
31.7.24
31.7.23
Wage5 and salaries
Social security costs
Other pension costs
159,285
8.912
4,086
147,192
6.738
4.784
172,283
158,714
The average monthly number of employees during the year was as follows..
31.7.24
31.7.23
Managerial and administrative
No employees received emoluments in exce55 of£60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES
Unrestricted
funds
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
41,450
41,698
Charitsble actlvltles
Institute Activities
Courses
17,577
90,872
17,577
90.872
Other trading activitie5
Investment income
Other income
101,094
2.399
175,242
101.094
2.399
176.550
1,308
Total
428.634
1,556
430.190
EXPENDITURE ON
Charitable activities
Library
Institute Activities
Bar
Courses
General Activities
Premises
1.941
10.469
4.809
33.190
262,283
39,494
768
2,709
10,469
4.809
33,190
265,227
39,494
2.944
26
continued...

Notes to the Financial Statements - continued
for the Year Ended 31 Jul 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES - continued
Unrestricted
funds
Restricted
funds
Total
funds
Other
123,739
123,739
Total
475,925
3,712
479,637
NET INCOMEI(EXPENDITURE)
147.2911
12.1561
149,4471
RECONCILIATION OF FUNDS
Total funds brought ft)rward
546,487
472,978
1,019,465
TOTAL FUNDS CARRIED FORWARD
499,196
470,822
970,018
io.
TANGIBLE FIXED ASSErs
Improvements
to
property
Fixtures
and
fittlngs
Freehold
property
Computer
equipment
Totals
COST
At l August 2023
Addttions
696,587
45,229
7,651
749,467
33.169
33,169
At 31 July 2024
696,587
33.169
45,229
7,651
782,636
DEPRECIATION
At l August 2023
Charge for year
38,624
3,819
7,152
333
45,776
4,152
At 31July 2024
42,443
7,485
49.928
NET BOOKVALUE
At 31 July 2024
696,587
33,169
2,786
166
732.708
At 31 July 2023
696,587
6,605
499
703,691
27
continued...

Note5 to the Financial Statements - contlnued
for the Year Ended 31 Jul 2024
ii.
STOCKS
31.7.24
31.7.23
Bar and other supplies
1,664
2,381
12.
DEBTORS: AMOUNTS FALLING DLIE WITHIN ONE YEAR
31.7.24
31.7.23
Trade debtor5
Other debtors
Prepayments and accrued income
Prepayments to fixed assets
8,569
2,501
10,189
55,217
8.007
5,212
9,505
76,476
22.724
13.
CREDITOR5.' AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24
31.7.23
Trade creditors
Social security and other taxes
Other creditor5
Building projett loans
Deferred income
Accrued expenses
79,685
2,196
1,248
10,000
31,582
17,732
2,425
1,699
2,248
11,000
33,781
31,856
142,443
83,009
During the project for redevelopment of the charity's building in 2013, a number of individuals made Interest-
free loans to the charity in order to assist the financing of the development.
These loans are repayable on differing terms. During the year, loans of £1,000 were repaid.
Deferred income represents income received in advance of the period to which it relates.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE ThAN ONE YEAR
31.7.24
31.7.23
Other loans (see note 151
Lifetime members due >1 year
10,000
1,425
iO.O(M)
1.927
11,425
11,927
28
continued...

Notes to the Financial Statements - continued
for the Year Ended 31 Jul 2024
15.
LOANS
An analysis of the maturity of loans is given below..
31.7.24
31.7.23
Amounts falling due between two and five years..
Building loans due 2-5 years
10,000
10.000
16.
MOVEMENT IN FUNDS
Net
ovement
in fund5
Tran5fer5
between
funds
At
31.7.24
At 1.8.23
Unrestricted fund5
General fund
Designated Funds
59,196
440,000
{77,9021
13,0131
loo,000
iioo,0001
81,294
336,987
499,196
180,9151
418,281
Restricted funds
Building Funds
Hearing Loops
SupportiveArt Courses
470,822
14061
21
3,000
21
1211
470,437
3,000
470,822
2,615
473,437
TOTAL FUNDS
970,018
178,3001
891,718
Net movement In funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlrted funds
General fund
Designated Funds
254,119
1332,0211
13,0131
{77.9021
13,0131
254.119
1335,0341
{80,9151
Restricted fund5
Building Funds
Hearing Loops
Supportive Art Courses
403
4,250
3,000
18091
14,2291
14061
21
3,000
7,653
15,038}
2.615
TOTAL FUNDS
261,772
1340,0721
{78,3001
29
continued...

Notes to the Financial Statements - continued
for the Year Ended 31 Jul 2024
16.
MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
Net
movement
in funds
Transfers
between
funds
At
31.7.23
At 1.8.22
Unrestricted funds
General fund
Designated Funds
46,487
5LHJ.000
149.2971
2.006
62,006
162,0061
59,196
440,000
546,487
147,2911
499.196
Restrirted funds
Building Funds
472,978
12,156)
470,822
TOTAL FUNDS
1,019,465
149.4471
970.018
Comparative net movement in funds. Included in the above are as follows:
Incoming
re50urce5
Resources
expended
Movement
in funds
Unrestrlrted funds
General fund
Designated Funds
418,634
10,000
1467,9311
17.9941
149,2971
2,006
428,634
1475,9251
147,2911
Restrkted ￿ndS
Building Funds
1,556
(3,7121
12,1561
TOTAL FUNDS
430,190
1479.6371
149,4471
30
continued...

Notes to the Financial Statements - continued
for the Year Ended 31 Jul 2024
16.
MOVEMENT IN FUNDS- contlnued
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
Transfers
between
funds
At
31.7.24
At 1.8.22
Unrestricted funds
General fund
Designated Funds
46.487
5(Kl.000
1127.1991
11,0071
162.006
1162.0061
81,294
336,987
546,487
1128.2061
418.281
Restrirted funds
Building Funds
Hearing Loop5
Supportive Art Courses
472,978
12,5621
21
3,000
21
1211
470,437
3,000
472,978
459
473,437
TOTAL FUNDS
1.019.465
1127.7471
891,718
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
Designated Funds
672,753
10,000
1799,9521
111,0071
1127.1991
11.0071
682,753
1810,9591
1128,206)
Restricted funds
Building Funds
Hearing Loops
Supportive Art Courses
1.959
4.250
3,000
14.5211
14.2291
12.5621
21
3.000
9.209
{8,7501
459
TOTAL FUNDS
691.962
1819,7091
1127.7471
31
continued...

Notes to the Financial Statements - Continued
for the Year Ended 31 Jul 2024
16.
MOVEMENT IN FUNDS- continued
Deslgnated Funds
These comprise the following items..
31.7.24
31.7.23
Operating Reserve
Loss of Revenue from losing RBS as a tenant
Addressing Damp issues in the Listed Building
Furniture Renewal programme in Meeting and Lecture rooms
New External Signage
Redecorating the Listed Building Internally and Extern311y
Legacy Designated towards Wednesday Talks
loo,000
20.000
140,000
30,000
10,000
30,000
6,987
loo,000
120,000
140,000
30.000
io,cKJo
30.(KJO
10.000
Total Designated Funds at 31 July 2024
336.987
440.000
Restrlrted Funds
The Buildin
Fund was established for the purposes of redeveloping the existing building and facilities. including
the continued growth and development of the library. Donations towards it and expenditure relating to it are
shown above. This fund also includes specific donations that have been made to the Trea5ure5 of the Guildford
Institute Library Appeal.
Hearin
Loo Fund
Money granted and donated for the specific purpose of the installation of a hearing loop system within our
premises.
ortive Art Fund
This restricted grant is for a project called Creative Communications: Supporting People Living With Dementia
Through Art which will be used for Art sessions for people with Dementia.
17.
RELATED PARTY TRANSACTIONS
There were no related party transactions for the year ended 31 July 2024.
32

Detailed Staternent of Financial Actlvities
for the Year Ended 31 Jul 2024
31.7.24
31.7.23
INCOME AND ENDOWMENTS
Donatlons and legacies
Donations
Gift aid
Legacies
5,249
2,187
1,000
26.205
5,493
10,000
8.436
41.698
Other trading activitie5
Room and Equipment Hire
Annual Membership
Bar
Rental Income
Lifetime Membership
Other Income
Service charges
Professional fees contribution
76,131
12,282
10,649
22,130
502
607
1,500
2,923
57,934
9,415
8.955
23.406
552
832
126,724
101,094
Investrnent In￿rne
Deposit account interest
5,012
2,399
Charitable activities
Institute Activities
Courses
17,560
99,040
17,577
90,872
116,600
108.449
Other income
Grants receivable
Dilapidations contribution
5,000
11,308
165.242
5,OLX)
176,550
Totsl incoming resources
261,772
430.190
EXPENDITURE
Charitsble activities
Wages
Social security
Pensions
Rates and water
Insurance
Carried forward
159.285
8,912
4,086
1,751
4,960
178,994
147,192
6,738
4,784
618
4.667
163,999
This page does not form part of the statutory financial statements
33

Detailed Statement of Financial Activities
forthe Year Ended 31Jul 2024
31.7.24
31.7.23
Charitable activities
Brought forward
Light and heat
Telephone
Postage and stationery
Advertising
IT and website costs
Books
Photocopying
Bad debts
Subscriptions
Equipment
Travel
Bèr supplies
Other cost5
Licences
Cleaning
Training & recruitment
Institute activities
Tutor fees
Repairs and renewals
Bank charges
Accountancy
Le8al and professional fees
Independent Examination fee
Fundraising consultancy
Temporary staff
Fixtures and fittings
Computerequipment
178,994
11,609
5,275
5,276
12,565
11,184
232
904
163,999
14,421
5,071
6,628
12,737
14,655
191
1,438
49
80
809
535
4,809
869
608
9,712
2.018
10.469
32.790
11.470
3,114
5,484
29,644
1,920
17,028
30
1.104
366
5.491
979
665
11,230
800
10,814
31,335
15.159
3.769
5.640
6,277
1,440
13,380
1,402
3,819
333
4,767
583
340,072
355,898
Other
Dilapidations expenses
123.739
Totsl resources expended
340,072
479,637
Net expenditure
178,3001
{49,4471
This page doe5 not form part of the statutory financial statement5