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2024-08-31-accounts

EQUALS

(ENTITLEMENT AND QUALITY EDUCATION FOR PUPILS WITH LEARNING DIFFICULTIES)

FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024

Company Number: 06343942 Charity Number: 1126263

LYONS & CO LTD

CHARTERED ACCOUNTANTS

STOCKTON-ON-TEES

EQUALS (ENTITLEMENT AND QUALITY EDUCATION FOR PUPILS WITH LEARNING DIFFICULTIES)

FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024

CONTENTS

Page
Members of the board and professional advisers 1
Trustees' Annual Report 2 - 6
Independent Examiners Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the financial statements 10 - 13

1

EQUALS (ENTITLEMENT AND QUALITY EDUCATION FOR PUPILS WITH LEARNING DIFFICULTIES)

MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS

The Board of Trustees

Chris Rollings Steven Cullingford-Agnew Peter Imray Elaine Ellis Joy Dawson Alistair Crawford James Waller Phil Harrison Kate Campbell Kris Williams Ellen Croft Trish Turner Jo Williams Dr Lila Kossyvaki Dominic Wall

Chairperson and director Treasurer and director Director Secretary and Vice Chair person

Registered Office

c/o Hadrian School Bertram Crescent Newcastle Upon Tyne NE15 6PY

Independent Examiners

Lyons & Co Ltd Chartered Accountants and Registered Auditors 23 Yarm Road Stockton-on-Tees TS18 3NJ

Bankers

Bank of Scotland 41 - 51 Grey Street Newcastle Upon Tyne NE1 6EE

2

EQUALS (ENTITLEMENT AND QUALITY EDUCATION FOR PUPILS WITH LEARNING DIFFICULTIES)

TRUSTEES' ANNUAL REPORT YEAR ENDED 31 AUGUST 2024

ANNUAL REPORT

The trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 August 2024.

INTRODUCTION

The Executive Committee submits its report and the accounts for the year ended 31 August 2024.

OBJECTIVES OF THE CHARITY

EQUALS is committed to improving lives of children and young people with learning difficulties through supporting high quality education.

It aims to promote, share and reflect best practice in learning and teaching through collaborative working with practitioners and professionals at national, regional and local level.

ORGANISATIONAL STRUCTURE

Strategic Group/Charity roles Post/Members

Chris Rollings Chairperson Steven Cullingford-Agnew Treasurer and Secretary Paul Buskin Strategic Development Manager Peter Imray Director of Developments

MEMBERSHIP

EQUALS had 640 members at the end of August 2024. Extensive efforts were carried out to support members and maintain membership levels for this period.

EMPLOYEES

At the end of the financial period EQUALS employed one full-time Strategic Development Manager and one part time administrator.

3

EQUALS (ENTITLEMENT AND QUALITY EDUCATION FOR PUPILS WITH LEARNING DIFFICULTIES)

TRUSTEES ANNUAL REPORT YEAR ENDED 31 AUGUST 2024

PRINCIPAL ACTIVITIES

EQUALS is a national organisation that endeavours to ensure high standards of education for pupils with learning difficulties. EQUALS' main activities involve organising national conferences, online CPD Sessions, producing curriculum guidance materials and resources for teachers, setting up curriculum workshops for teachers and providing advice to individual schools and Local Education Authorities.

REVIEW OF DEVELOPMENTS, ACTIVITIES AND ACHIEVEMENTS

The achievements of the past year have consisted mainly of:

4

EQUALS (ENTITLEMENT AND QUALITY EDUCATION FOR PUPILS WITH LEARNING DIFFICULTIES)

TRUSTEES ANNUAL REPORT YEAR ENDED 31 AUGUST 2024

FUTURE DEVELOPMENTS

Plans for the next twelve months

The EQUALS Executive Committee agree annually to maintain reserve funds to:

Maintain the smooth running of the Charity.

Facilitate the development of new Equals initiatives and projects which effectively support the work of our members.

Provide to our members publications, training and conferences at prices below those of solely profit- making organisations.

Enable some EQUALS initiatives to run at a loss where they meet the core purposes of the charity.

Purchase the expertise of leading edge practitioners to support the development of EQUALS initiatives.

5

EQUALS (ENTITLEMENT AND QUALITY EDUCATION FOR PUPILS WITH LEARNING DIFFICULTIES)

TRUSTEES' ANNUAL REPORT YEAR ENDED 31 AUGUST 2024

FINANCIAL REVIEW

The Statement of Financial Activities on page 8 shows a surplus for the year of £41,552 which was in line with expectations.

EQUALS accounts were subject to an Independent Examination for the year ended 31 August 2024.

The balance on the funds to carry forward to future years is £199,013.

RISKS

Major risks which would have a severe impact on operational performance, objectives or reputation of the charity and which have a high likelihood of occurring are considered by the trustees and are considered to be managed effectively.

A business plan is compiled for each financial year and risks to the charity are identified and discussed. Major risks identified are the government changing the guidelines on schemes of work and new competitors entering the market place for the provision of similar services.

THE TRUSTEES

The trustees who served the charity during the year were as noted on page 1.

New trustees can be appointed by existing trustees, at any time, where there is a need for skills in particular areas, or at an Annual General Meeting where nominations are accepted and voted on by the members. Relevant training and information is provided.

6

EQUALS (ENTITLEMENT AND QUALITY EDUCATION FOR PUPILS WITH LEARNING DIFFICULTIES)

TRUSTEES' ANNUAL REPORT YEAR ENDED 31 AUGUST 2024

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees (some of whom are also directors of Equals for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law required the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to:-

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

INDEPENDENT EXAMINERS

Lyons & Co Ltd will be proposed for re-appointment as Independent Examiners at the forthcoming Annual General Meeting.

c/o Hadrian School Bertram Crescent Newcastle Upon Tyne NE15 6PY

Signed on behalf of the trustees

Mr S Cullingford-Agnew Treasurer and director

Approved by the trustees on 8 May 2025

7

EQUALS (ENTITLEMENT AND QUALITY EDUCATION FOR PUPILS WITH LEARNING DIFFICULTIES)

INDEPENDENT EXAMINERS' REPORT TO THE TRUSTEES

YEAR ENDED 31 AUGUST 2024

I report to the charity's trustees on my examination of the accounts for the company for the year ended 31st August 2024, which are set out on pages 8 to 13

Respective responsibilities of trustees and examiners

As the charity’s 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 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (the ‘2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's report

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

I have no concerns and have come across no other matters in connection 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.

John Robert Lyons Lyons & Co Ltd Chartered Accountants 23 Yarm Road Stockton-On-Tees TS18 3NJ

8 May 2025

8

EQUALS (ENTITLEMENT AND QUALITY EDUCATION FOR PUPILS WITH LEARNING DIFFICULTIES)

STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 AUGUST 2024

Total Funds Total Funds
Year ended Year ended
31 August 2024 31 August 2023
Note £ £
Incoming Resources
Income from charitable trading activities 2 266,004 222,856
Total Incoming Resources 266,004 222,856
Resources Expended
Costs of generating funds:
Fundraising and publicity 3 1,467 2,951
Charitable activities 4 220,025 183,682
Governance costs 5 2,960 3,235
Total Resources Expended 224,452 189,868
Net incoming resources
for the year 41,552 32,988
Total funds brought forward 157,461 124,473
Balances carried forward 199,013 157,461

All funds are Unrestricted.

9

EQUALS (ENTITLEMENT AND QUALITY EDUCATION FOR PUPILS WITH LEARNING DIFFICULTIES)

BALANCE SHEET AS AT 31 AUGUST 2024

Note
Fixed Assets
Tangible Fixed Assets
9
Current Assets
Debtors
10
Cash and Bank
Creditors:Amounts falling due
within one year
11
Net Current Assets
Net Assets
Funds
Unrestricted
12
Total Funds
£
£
2,630
44,890
248,581
293,471
(97,088)
196,383
199,013
199,013
199,013
2024
£
£
3,860
37,156
178,429
215,585
(61,984)
153,601
157,461
157,461
157,461
2023

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The trustees have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for:

The financial statements have been prepared in accordance with the provisions of section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements were approved by the trustees on 8 May 2025 and were signed by:

Mr Chris Rollings Chairperson

Company no: 06343942

10

EQUALS (ENTITLEMENT AND QUALITY EDUCATION FOR PUPILS WITH LEARNING DIFFICULTIES)

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024

1 Accounting policies

Basis of accounting

These financial statements have been prepared in accordance with the provisions of section 1A "Small Entities" of 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.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual over the useful economic life of that asset as follows:

Computers 33% straight line

Stocks

Physical stocks of manuals are no longer held. All work is on the internet or on CD's and because of the low cost, stocks are valued at £nil.

Income

Income is recognised when the services are provided with the exception of subscriptions which are recognised when received unless it is for two or three years, then years two and three will be taken to receipts in advance.

Website costs

Website costs are included with the statement of financial activities as they are invoiced.

2 Income from Charitable Trading Activities

2 Income from Charitable Trading Activities
Subscriptions
Resources
Conferences
Development Days
On-line training CPD
3 Fundraising and Publicity
Advertising
Website building and maintenance
2024
£
101,322
123,109
29,208
8,053
4,312
266,004
2024
£
200
1,267
1,467
2023
£
88,187
90,342
40,233
975
3,119
222,856
2023
£
741
2,210
2,951

11

EQUALS (ENTITLEMENT AND QUALITY EDUCATION FOR PUPILS WITH LEARNING DIFFICULTIES)

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024

==> picture [481 x 469] intentionally omitted <==

----- Start of picture text -----
||||| |---|---|---|---| |4|Charitable Activities|2024|2023| |£|£| |Educational materials and training|52,185|38,700| |Conferences|17,007|21,275| |Salaries|72,846|54,267| |Pensions|1,913|1,406| |Office costs|7,065|6,249| |Printing and stationery|6,362|7,891| |Postage|11,990|9,828| |Rent|7,200|7,200| |Website|5,104|5,205| |Administrative services|8,605|7,187| |Consultancy|18,807|15,357| |Trustees' costs|6,756|4,585| |Travel and subsistence|1,376|1,818| |Depreciation|2,809|2,715| |220,025|183,682| |5|Governance Costs|2024|2023| |£|£| |Accountancy|2,960|3,235| |2,960|3,235| |Includes £2,670 (2023 - £2,670) Independent Examiners fees.| |6|Employee Costs|2024|2023| |£|£| |The aggregate payroll costs were:| |Wages and salaries|72,846|54,267| |72,846|54,267|

----- End of picture text -----

Particulars of employees:

The average number of staff employed by the charity during the financial year amounted to:

==> picture [463 x 36] intentionally omitted <==

----- Start of picture text -----
|||| |---|---|---| |2024|2023| |Number of administrative staff|2|2|

----- End of picture text -----

12

EQUALS (ENTITLEMENT AND QUALITY EDUCATION FOR PUPILS WITH LEARNING DIFFICULTIES)

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024

Name of Trustee
Chris Rollings
Steven Cullingford-Agnew
Peter Imray
Elaine Ellis
Alistair Crawford
James Waller
Kate Campbell
Trish Turner
Jo Williams
Dr Lila Kossyvaki
All fees and costs were at market value.
8
Net Incoming Resources
Is stated after charging:
Depreciation
9
Tangible Fixed Assets
Cost
At 31 August 2023
Additions
At 31 August 2024
Depreciation
At 31 August 2023
Charge for the year
At 31 August 2024
Net book value
At 31 August 2024
At 31 August 2023
Expenses
Expenses
Expenses
Expenses
Expenses
Expenses
Expenses
Expenses
Expenses
Description
Fees and expenses
2024
Cost
£
151
402
27,385
-
-
2,444
-
151
243
1,145
31,920
2024
£
2,809
2023
Cost
£
-
298
21,205
2,342
105
2,615
171
46
121
921
27,824
2023
£
2,715
Computers
£
11,262
1,579
12,841
7,402
2,809
10,211
2,630
3,860

13

EQUALS (ENTITLEMENT AND QUALITY EDUCATION FOR PUPILS WITH LEARNING DIFFICULTIES)

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024

10 Debtors
Trade debtors
11 Creditors:Amounts falling due
within one year
Trade creditors
Receipts in advance
Value added tax
Social security
Accruals
Other creditors
12 Unrestricted Funds
Balance brought forward
Net incoming resources for the year
Balance carried forward
2024
£
44,890
44,890
2024
£
23,666
45,158
11,958
3,391
12,586
329
97,088
2024
£
157,461
41,552
199,013
2023
£
37,156
37,156
2023
£
4,015
35,688
11,466
1,461
9,273
81
61,984
2023
£
124,473
32,988
157,461