Schools North East • f A cornponylimited byguorontee Annual Report and Financial Statements For the yeor ended.,. 31 July2024 Charity number1129594 Company number 06450637 SCHOOLS NORTH EAST ANNUAL REPORT AND FINANCIAL STATEMENTS For the ar ended 31 Jul 2024 Contents Page Tnjstees annual report 1to27 Independent examiners report 28 Consolidated Statement of Financial Activities (including income and expenditure account) 29 Consolidated and Charity Balance sheet 30 Consilidated Statement of Gash Flows 31 Notes to the financial statements 32to39 The Trustees are pleased to present their annual Directors, report together with financial statements of the charity for the year ended 31 July 2024, which are also prepared to meet the requirements for a Directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). Our 2023/24 Annual Report Outlines the structure and model of Schools North East Provides an overview of our work over the past twelve months Reports on Schools North East as the Voice, Glue, and Bridge for our schools Reviews financial performance Objectives The advancement of education forthe public benefit of children and young people up to the age of 25 Enable schools to improve the quality and effectiveness of education and build links with the employment sector Work together to suppo inform influence key The Trustees of Schools North East confirm that they have read and given due regard to the Charity Commission's guidance on public benefit. The Trustees confirm that they have complied with their duties under Section 4 of the Charities Act 2006 with regard to public benefit. Having considered the guidance, the Trustees have concluded that the work of Schools North East directly supports and strengthens the advancement of education in the region. Schools North East's annual report provides a valuable and welcome opportunity to reFlect on the work of the charity over the past academic year; in particular, to take stock of how it has continued to develop over the last 12 months and to consider its future direction. Powered by Schools -IKI¢ JOBS IN SCHOOLS Noi"tli East NorthEast + Ed HEALTHY Schools North East NNOSS i-l A message from Colin Lofthouse Chair of Trustees Schools J North East • f l am delighted to present the Schools North EastAnnual Reportfor the first time as Chair of Trustees. The 23124 academic year has certainly been one for the book5 - notable from the beginning right through to the end. September 23 forced us to navigate the challenges associated with crumbling school buildings. while July 24 was all about coming to terms with a crumbling government... And throughout the year, schools were confronted with high rates of absences, crisis levels of mental health and behavioural issues, recruitment and retention difficulties, and the ongoing cost of living crisis. However, despite the significant obstacles that at times have felt almost impossible to overcome, that's exactly what we did as a community of North East schools. As such, it has left us with much to celebrate as a charity and a network organisation. As always, we must recogni5e the challenges we face without letting them diminish our achievements. Let's take a moment to applaud all schools for overcoming these persistent difficulties and demonstrating to children, parents, communities, and politicians the outstanding work our region's schools consistently accomplish. And of course, let's give praise to Schools North East for serving as the Voice. the Glue, and the Bridge of North East education,. amplifying local concerns in national education debates, fostering connections within our community, and connecting our region's schools with extemal institutions for the sUPPOrt and resources that they might have otherwise missed out on. Celebrating our regional success is vital, but so is shedding light on the issues and challenges that must be addressed by central and local governments to enable all of our children to thrive as they deserve. As we say year on year, it's a balancing act that Schools North East does so well. For the Schools North East team it has been another busy year with lots of new milestones reached, as reported in this document and reflected in our annual accounts. As we embrace another academic year, already with some significant news and changes to deal with, we're confident that our region's schools will stand strong and united in the face of whatever challenges the new academic year may have in store, under a brand new government And it goes without saying, Schools North East will be there for us, putting a strong regional accent on the education debate and ensuring that everyone knows that in the North East WE LEAD NOT PLEAD. COLIN LOFTHOUSE CHAIR OF TRUSTELS, SCHOOLS NORTH EAST A message from Chris Zarraga, Director Schools North East is a movement for change. giving a voice to North East schools in the national education debate. And it's a pleasure to do so. Schools in the North East are truly remarkable. Despite facing unique challenges, they consistently demonstrate resilience, innovation, and a deep commitment to providing the best education possible for every child. From early years settings to secondary schools, our region's educators are dedicated to fostering a love of learning, buildin9 inclusive environments, and nurturing the potential of all students. As The Voice of North East schools, we put a strong 'regional accent. on the education debate, helping to ensure that the national conversation reflects the urgent needs and concerns of North East school leaders. Schools North East is also a hub, gathering the diverse perspectives of our school leaders, spreading them far and wide to ensure that North East school voices are amplified and can help to shape the educational landscape. The Voice challenges myths. Schools North East is for all North East schoo15- regardless of size, type, faith, structure or location. We bring our schools and trusts together to create a purposeful community forthe beneFIt of all of our region's children and young people. Schools North East keeps the community connected and helps relationship5 between schools to flourish. Our events programme unites over 3,500 school colleagues from across the North East and beyond each year. Schools North East is also the Bridge that connects our region's schools and trusts with the outside world. We ensure a strong link between the North East's schools and politicians, policymakers, universities, think tank5, and funding organisations that are based far from our region's chalk-face. Our Directors sit on a range of regional and national boards and stakeholder groups, ensuring that the region's schools are at the heart of Strategic conversations. We exist to amplify voices and shed light on the real concerns and chalSenges that face our school staff, and we're delighted to say that we were able to exceed expectations for the 23124 acadernic year. Our event programme united 3,500 school colleagues from across the region and beyond, giving them the opportunity to network, learn, and grow both personally and professionally. Keynote speakers included Gillian Keegan former Secretary of State for Education and Catherine Mclfjnnell, Minister of State at the Department for Education. We also received a staggering 124 requests from the media for the North East perspective on a wide range of topics. including RAAC. attendance, budgets, and Ofsted. We are an inclusive network led by Head Teachers creating a unique culture of collaboration and mutual support, and together, we make the ultimate team, working to ensure that all schools and young people in the North East can thrive as they deseNe. My sincerest thanks for your ongoing SUPPOrt. CHRIS ZARRAGA. DIP.ECTOR, SCHOOLS NORTH EAST Our Vision There is a positive narrative of North East schools that supports education at every level. In the North East we have evidence-based policy making that recognises regional context and depoliticises education. Schools receive targeted support to ensure all pupils can access an appropriate curriculum, no matter how disadvantaged their communities. From Early Years to leaving school and beyond, North East students, through education and opportunity, are skilled, confident people achieving their full potential. Our Values We are for all North East schools - regardless of size, type, faith, structure and geographical location. INCLUSIVE INDEPENDENT Our independent status means we have the power to make our own decisions to benefit schools. We listen, understand, and act. INNOVATIVE We use the past as lessons to help us create fresh, innovative solutions that help our schools succeed. INTEGRITY We have a strong social purpose which dictates our actions and our behaviour," it defines us in the eyes of thers. Strategy Mission Statement We are the Voice of North East Schools We are the Glue that holds our schools together • We provide the Bridge that connects schools with the extemal world The Voice The Glue The Bridge As The Voice we put a strong regional accent on the education debate, injecting the national conversation with local concerns to demand the right support for our schools. As The Glue we bring together CEOS, Head Teachers, DHTS, SBPS, Nursery School Heads, , SEND/ AP Heads and CEOS to create a purposeful community that benefits our region's children. As The Bridge we connect our region's schools with the outside world. Our Directors sit on numerous regional and national boards and stakeholder groups. The Bridge ensures our schools are at the heart of strategic conversations. The Voice challenges myths. We Lead not Plead. The Glue keeps the community connected and helps relationships flourish. We serve as a hub for the latest information and diverse perspectives from school leaders, spreading them far and wide to ensure the North East's voices are heard in shaping the educational landscape. For maximum impact, we link our region's schools to politicians, policymakers, universities, think tanks, and funding organisations that operate beyond our region's borders. Our events programme unites over 3,500 school colleagues from across the North East and beyond. How we create and sustain value for our stakeholders We are completely self-funded with strong engagement from members. Annual surplus is reinvested to support our vision For the advancement of education for the public benefit of children and young people up tc the age of 25, we have created a stron9 and powerful network in the North East We have a wide and varied events programme, both physical and online, bringing together colleagues from across the region and beyond Membersh'ips "We are atnEted vol￿. We have a strong bUs1r￿ model that ensures we are o answerabk to our We take that voice and ampfrfy it, making it heard by decision and poficy niakers, and the media. We promote a positive ' narrative around our schools and the region Policy We work with Stakeholders and Members to identify thallenges that face our schools and trusts We invest in our team Our small but dedicated team is committed to the vision Events f,f,ft,I,I Manifesto for North East Education 2024 The end of this academic year saw the calling of the 2024 general election, held on Thursday 4th July. In response to that, we published a refreshed 'Ma ifesto fo orth Eas Education,, updating our 2019 rnanifesto in light of the unprecedented challenges to education in the years since then. A NIFESTC l¢r lknhEo¥i This is a call to action for all political parties wanting to take seriously the long-term challenges of education in our region. We updated the details of our recommendations, using data and 'lived experience,, from our regular roundtables, surveys, and reports, of our school leaders. VIEW HERE O Our manifesto sets out the perennial challenges that impact educational opportunities in our region, and the principles needed to inform any educational policy wanting to seriously address these challenges. 1. Recognise the regional context 2. Promote a positive narrative around North East education 3. Depoliticise Education 4. Evidence-based policy making S. Long-term view 6. Greater Support for Early Years 7. A joined up approach from cabinet to the chalkface 8. Support North East school staff at every level 9. Ensure all pupils can access an appropriate curriculum 10. Targeted support for those with the greatest needs Schools North East at a glance (23/24) Board of Trustees Head Teacher Advisory Board School Business Management Cou Governance 704 Partner Schools 58 Partner Trusts 305 Jobs in Schools l North East Subscribers 306 NNOSS Members 140 Commercial Supporters Memberships 3,020 School Colleagues 1,128 Schoo15 3,500 Event Delegates Engagement 124 Media Requests 36 Bitesize Briefings and 15 Stakeholder BrieFings 3 Written Evidence Subrnissions 3 Letter5 to Ministers Media and Policy National Network of Special Schools for SBPS CEO Network SEND and AP Network 40 Events giving valuable Networking Opportunities 5BM Netviorks across the North East Networks 9 Annual Conferences a 15 Webinars 4 Online Conferences 7 Roundtables I Single Issue Event ents Events 40 Newsletters sent to 6,000+ subscribers 90 Good News Stories from NE Schools shared 28 Partner School opportunities 26,000 Followers on Social Media channels Communications In year surplus of El13,500 Gift asd received £149,500 Highest turnover to date Governance & People 23/24 Trustees The Board of Trustees provides guidance on the Charity's activities and is responsible for its govemance with overall legal responsibility for the Charity, its financial sustainability, and its strategic direction. Trustees are elected by Partner Schools, with further Trustees co-opted to add specific expertlse where required. In a time when ever-increasing demands on our schools can be a barrier to collaboration, the role of the Board is to ensure that Schools North East meet5 and responds dynamically to the needs of North East schools and the children and young people they serve, now and in the future. Chair of Trustees Colin Lofthouse SMART Multi Academy Trust Vice Chair Kieran McGrane Pele Trust Vice Chair Jo Heaton OBE Northern Lights Learning Trust Kieran McLaughlin Durham School Dame Maura Regan Zoe Carr OBE WISE Academies John Hardy OBE St John Wianney RC Primary School Pete King Federation of Mowden Schools Kate Chisholm Oakfield Schoo15 Federation Mike Butler The Education Villagts Academy Trust Monica Shepherd Carmel College Christina Jones River Tees Multi Academy Trust Schools North East is supported by a range of dedicated North East educators Advisory Board School Business Management Council Oi. A representative group of Head Teachers and CEOS froni across the region. A representative group of School Business LeadArs froni across the region. Members Members Membership 23/24 Schools North East is a self f unding charity- This keeps us completely independent, and answerable only to our schools. Partner Schools Commercial Supporters In 2023/24 our Partner School membership with 704 schools now members. We also have 58 Partner Trusts, where all schools in the trust are Partner Schools. Commercial organisations continue to have strong engagement with the charity, supporting our vision for our region, our events programme, and our schools. At the end of 2023/24, we had 140 Commercial Supporter members, ranging from pension and payroll services, to catering and classroom resource5. We maintain a high renewal rate of 980/0 and this year we have had 21 new schools join. View our Partner Schools All Commercial Supporters have a profile on our MarketPlace and regularly advertise special offers available to members. Proud to be a SchoolsNorth East <.. Partner Trust View our Commercial Supporters Proud to be a Sthools North East Commercial Supwrter Subscriptions to the Jobs in Schools l North East recruitment portal also continue to grow year on year. At the end of 2023/24 there were 305 schools using the benefits of the platform, an increase on the previous year. JOBS , SCHOOLS Tr.IK_II tl I E-"t Visit Jobs in Schools l North East - Membership Snapshot 704 58 305 140 PartnerSchoo15 ParLTrerTrusts Job5 Board Sub5criber5 Commercial Supporters 10 Support for Schools Community Foundation Over the past 2 years Schools North East partnered with the Community Foundation to make £97,000 of funding available for schools looking to develop their cultural, sporting or careers provision for disadvantaged and looked-after children. Funding of around £4,000 was available per bid for schools in Newcastle, Gateshead, Sunderland, Northumberland, North and South Tyneside. Projects Healthy Me History Enrichment The Tourof the North East Providing Cultural and Social Opportunitie5 for disadvantaged pupils in order to further develop cultural capital Tag Archery Enrichment Reading Rocks Stereotypes Hooked on History Drama to improve spoken and receptive language RÉch Experience: Motion for the Ocean Community- Explored through The Rivers Character Development in Sport & Culture Welbeck Academy Footbajl Saints Scholar Program Embedding cultural capital through outdoor education, physical activity and sport Higher Education- Aspirations and Barriers Aspiration5 at Town End World of Work Project Aspire Project Titanic Project Sounds from the Quayside Churchill Pledges PACE Girls Network Multi Outdoor Sports Area The purpose for this grant was to provide funding in two key areas: Developing dedicated cultural and sporting enrichment opportunities for students. Developing high quolity Careers Education, Informotion, Advice ond Guidonce (CEIAG). This year saw the final projects completed with a staggering 5270 children taking part in 25 projects across the region. Read the f ull report Community Foundation Community Foundation Funding Snapshot 25 £97K 5,270 Projects Futiding for Projects Children Positively Impacted Mental Health & Staff Wellbeing Mental health and wellbeing in schools is a key strategic pillar in the work of Schools North East. Our 'State of the Region, surveys, condutted once a term and asking the same set of core questions, track the mental health and wellbeing of both staff and students. Our most recent State of the Region survey, conducted in the 2024 Spring term, highlighted improving staff wellbeing, following poor wellbeing in the previous academic year. Schools are focusing more on staff wellbeing to support retention, and this was seen as a key driver of increasing positive wellbeing. Drivers of negative wellbeing relate to the increasing demands and responsibilities on schools and staff, both in terms of the numbers of students and the additional needs those students have. Concerns were expressed around staff resilience and exhaustion as a result of this workload Student wellbeing also improved in the 2023/24 academic year, with 70 % of responses to our survey reporting positive student wellbeing. The vast majority of students have a positive experience of school, and supporting wellbeing since the pandemic, to ensure students are ready and able to learn, has been a key priority for schools. The full results of our most recent survey can be read at the following Link In Mayi we hosted the annual Healthy MindED conference, bringing together educational professionals from across the region to explore ways we can nurture our wellbeing in order to "build resilience" among both pupils and staff in our schools. The conference featured a brilliant line-up of speakers, including Paul Di& author of When the Adults Change. Paul delivered an engaging session on "relational practice" and its immediate, practical application in the classroom. This event is my favourite event of the year, it uplifts ond inspires when day to day work can ot times be so deflating. Thonkyou ond well done foro wonderfulevent., Healthy MindED 2024 attendee 12 Recruitment & Retention Jobs in Schools l North East With challenges in Recruitment and Retention across the board, we continue to support schools with a low cost recruitment portal: Jobs in Schools | North East. The portal was set up in 2016 by schools for schools and is the place to advertise all North East school vacancies, no matter the role. Almost 2000 posts per year are advertised .. . We continue to invest in improvements to the portal, and hold social media campaigns throughout the year aimed at candidates. Schools and Trusts pay an annual subscription, which can be as low as £110 but no more than £490, to advertise unlimited jobs. As part of the service ALL vacancies advertised get: Emailed to a bank of almost 4,000 potential candidates Promotion across social media channels A listing on our website 23/24 also salv us launch 'Featured Jobs,. For just E95 per advert, subscrrbing schools ond trusts con exporience an orray of odditional benefits on top of ivhat they olreody receive os o strondard subscriber- to moke their recruitment process that much more refined. From CEOS and Head Teachers to senior leaders and class teachers, and from School Business Leaders through to classroom support and facility teams our platform has helped connect prospective candidates with their next opportunity. Extra benefits includg (but ore not limited to) the pinnin9 of their advert on both our X (formarly Tivitter) page ond on the Ivebsite ond featuring in the Schools North Eost new51etter, the Weekly Update. JOBS I SCHOOLS Iloith East Jobs in Schools l North East Snapshot 1,818 248k 4,000 Jobs Advertised Job Wiew5 Candidaté Bank 13 We are the VOICE Media Engagement 23/24 The Guardian THE5UYDAYTI.IIES 0 ￿1)I.=1)L57)I..N-l' SCHOOLS slwiLiia WEEK news slobol F,Irnin(wSiandard. J'hL'OtK6iLTILT METRO Edword TIMES Chronide TheNorthernEtho ' IADII? iNews Lljc L• cl¢oi"¢lpb BBC Lool N )rth Schools IV#ek. Inews res ITV T>'ne Teès Glob,Il Radir, Evening 51.Inddrd B6C Radio N￿￿(a BBC Nvi%YS On ond Cumbfla Sky Fle￿5 Telegraph N?rthern Eih Indepp.ndenl ObSLrver BBC Radio Teei rime5 Radio Chionicl GiJ.Irdi3 BBC F4-As Cb,3nnal 5 Sundji Tiii I",) P.3dio 5 Likn._ BBC Radi,? 4 ThA Voi=: Schools North East is seen as a leading voice in education. Once again media engagement this year out grew previous years. In the 23/24 academic year we were consistently approached by local and national media, from TV, radio, and print. Media requests were often in response to issues ratsed by Schools North East in our own press releases and stakeholder briefings. We had in total 124 media requests in 23124 covering 43 different topics. Th- QT Dail'i F1 LBC E,dil/ord Irior Media Snapshot 124 43 Media Requests Differert Issues Covered Press Releases 14 Policy 23/24 Stakeholder Briefings Parliament The regular feedback frorn our surveys and roundtables on the key issues and challenges our schools are facing inform our Stakeholder Briefings. Following the Labour victory at the 2024 general election, we wrote to the new Prime Minister, Sir Keir Starmer, to draw his attention to our Manifesto for North East Education and the perennial challenges facing schools in our region. Prior to that, we jointly issued a letter to the then Chancellor, Jeremy Hunt MP, ahead of the Autumn Statement 2023, and a letter to the then Minister of State for Schools, Damian Hinds MP, about free school meal autoenrolment. This 15 a subject that Schools North East has campaigned on for a number of years. Middlesbrough, Durham, and Redcar and Cleveland local authorities have now introduced pilot schemes for FSM auto-enrolment. These briefings share the feedback with influential figures within the education sector, to help them understand the detail of what our schools are facing. Our stakeholder briefings are sent to a range of contacts, including DfE, Ofsted, the region's MPS and elected mayors, and local and national media. These briefings have generated numerous press requests and queries from the North East's elected representatives, as well as questions in the House of Commons and House of Lords. In the 23124 academic year, we issued 15 stakeholder briefings. We also submitted written evidence to the House of Commons Educatton Select Committee for the following inquiries: Bitesize Briefings To help support North East schools, we create Bitesize Briefings from recently published research and analyses on education policy and send these out to our Partner Schools. These are one page briefings containing the key findings of a given report, a5 well as setting out the implications for the North East. We issued 36 Bitesize Briefings in the 23/24 academic year. Ofsted's work with schools Children's Social Care We also contributed written evidence to the National Audit Office's consultation on Support for children and young people with SEND. BITESIZE BRIEFING Policy Snapshot 15 36 Written Evidence Submissions Bitesize Briefings Stakeholder Briefings Letters to Ministers 15 Roundtables Our roundtables are a forum for North East leaders to discuss the unique challenges of their settings and to connect with senior influential figures in education, within and without the region. They have proved an excellent forum for feedback on key issues and for school leaders to collaborate and support each other. We hold roundtables both virtually and in-person, often with an external speaker and a focus on a particular policy issue. Guest speakers at roundtables in 23124 were= Leora Cruddas, Chief Executive at the Confederation of School Trusts David Withey, Chief Executive at the Education, Skills, and Funding Agency Mary Glindon, MP for North Tyneside (for North Tyneside school leaders only) Kim McGuinness, Mayor ofthe North East Sir David Bell, Vice-chancellor at the University of Sunderland Russell Hobby, CEO at Teach First Additionally, we had roundtables scheduled with Rachel de Souza, the Children's Commission, and Olivia Blake MP, Chair of the SEND APPG. However, these have had to be rescheduled to the 24125 academic year, due to the 2024 general election 'purdah' period. As part of our regular roundtables for our SEND and AP group, we included a visit to an AP school in the region, to look at the support and practice they provide for students. Ime are the GLUE Partner Schools Partner School Opportunities This year we have continued to work with, and provide support for, our amazing community of Partner Schools, ensuring they have access to the full range of benefits the network provides. Each year, we share exclusive opportunities with our Partner Schools ranging from participating in vital research to taking advantage of discounts and awards. This academic year, we sent out 28 opportunities. They ensure the charity meets and responds to the needs of all North East schools and the children and young people they serve, now and in the future. They determine the direction of the charity through a democratic structure that is inclusive and values all Schools equally. Reach As well as the increase in Partner Schools thi5 year, we also saw high levels of engagement with both schools and school colleagues, at over 1,100 and 3,000 respectively. Each year our Partner School membership grows and now almost 65¥0 of North East schools are Partner Schools. This year we continued our roundtables, holding online meetings for CEOS, SEND and AP Leaders, every half term. These provide a safe space for colleagues to share, discuss and debate challenges they face while supporting - and being supported by- peers. Schools North East are experts in developing and growing networks. We will continue to develop communities, meeting the needs of our schools. The Annual Patron's Dinner was held in March and welcomed almost 500 Partner School colleagues. Together they enjoyed an evening of networking and celebration along with special guests from business and academia. This free event for Partner Schools is our way of thanking them for their commitment to the charity. 17 O NNOSS National Network of Special Schools for School Business Professionals Powered by Schools J L NorthEast • f 2020 Schools North East commissioned by the Department for Education to facilitate a new National Network of Special, Hospital and Alternative Provision settings for School Business Professionals. The DfE provided a small amount of funding for the first two years, which finished in 2022. The network is now completely self-funding through memberships and sponsorship from Commercial Partners. was In the past year we have continued to highlight challenges faced by the sector, including: Funding: Tom Goldman, Deputy Director Policy Funding Unit, DfE attended the conference and acknowledged some of the challenges with funding The impact of unfunded pay awards for support staff Deficit budgets caused by growing costs At the end of the year there were 306 members from almost every local authority across England. Members meet online three times a year and in person at a national conference, held in Birmingham in April. Members have access to the Schools North East webinar programme bringing at least 9 webinars throughout the academic year. NNOSS has been featured in the media: Right Support, Right Place, Right Time: The Voice, Matthew Smith Special School Funding is in Crisis: Schools Week DfE considered reforming £1 OK-per-place system: tes Medical Interventions: tes Tips for Successful Networks: tes Collaboration: The Edword NNOSS is a collaborative network to connect and upskill colleagues, and influence decision makers. Working in a culture of collaboration and innovation, the network meets the challenges faced by mernbers and works to create a highly effective and sustainable infrastructure, to support outcomes specialist settings in England. Members are highly supportive of each other sharing hundreds of resources and thousands of insights, advice and support. Conft¢rt The DfE had a vision where SBPS working in the specialist sector no longer worked in isolation but were instead part of a peer to peer network. NN•SS Influe#¢e Upskim Schools North East is proud of bringing the solution and continue to support this valuable network. NNOSS recognises the importance of having a School Business Professional in every setting and the contrbution they make as part of the senior leadership team 18 Events 7 Annual Conferences 2 Annual Events 15 Webinars 4 Online Conferences 7 Roundtables 1 Single Issue Events 4 CPD Accreditations Overview Our annual events programme offers invaluable opportunities for North East schools to network with colleagues from acros5 the region and collaborate on the key issues impacting their roles. It serves as a platform for attendees to hear from leading senior figures in the education sector, and provides quality continuous professional development to support them in their roles. 3,332 Delegates Highlights from 23/24 Vision for the future Our Schools North East Annual Summit featured one of the most impressive agendas to date, with hichlights including -955j" a fireside chat with etari of Gillian Keegan, and an -ddress by the Cb,',I,Jrens C irp:=qiongr. Dame Rachel de Souza At Schools North East, our events are designed with our members at the heart. We believe that our events are a reflection of the schools we support, and we are committed to ensuring they address the m05t relevant and pressing topics in education. The region welcomed leadiDJ fiJ. eJJcat,., including Mary Myatt and Paul Dix, who delivered inspiring keynote sessions at our events. In 24/25 we are actively seeking input from our members to help shape our agendas, making sure our events meet the needs, and reflect the priorities of schools across the region. By listening to our community, vie strive to create a meaningful and impactful events programme that truly supports and benefits North East 5c400l children and staff. A Record.PJre3k"Ing at our Patron's Dinner, with almost 500 attendees, gathering at the Grand Hotel for an unforgettable evening, Featuring a special performance by the .li_: I',-24r.)',J41i iJPilil or We hosted our fourth annual Contareo-, - drawing over 120 5.hool Business Professionals from Special and Alternative Provision schools nationwide. 19 Event Support Sponsors and exhibitors play a crucial role in the success of Schools North East events, as their support is integral to our mission. Their contributions enable us to host a wide range of events and conferences throughout the region. Without their backing, our extensive events programme would not be possible. The connections we have with our sponsors and exhibitors ensure that we can continue to offer high-quality experiences and resources to educators, children, and the broader community across the region. Providing Opportunities The Schools North East events programme serves as a catalyst for educational and professional growth across the region by creating unique opportunities for students, educator>, and the community. The SNE events facilitate invaluable interactions, not only for the attendaes, but also for the event speakers. The live Q&A session at the Curriculum Conference offered an exceptional opportunity for dedicated SNE supporter Alex Fairlamb, allowing her to engage directly with one of her educational inspirations, Mary Myatt. Our SNE events have also provided numerous school staff members ￿V1th the opportunity to speak and share their best practices Wlth attendees. While public speaking may have been a new experience for many, they have found it to be highly rewarding- 66 It was such a positive experience, thank you to the SNE team for making it seamless for us. It pushed me out of my comfort zone but l am so pleased I did it and with such a great group of colleagues. I would really encourage anyone to give it a go 99 Additionally, the Schools North East events offer hands-on experiences that pave the way for future careers. Two co15ege students, passionate about event management, were given the opportunity to gain practical work experience at St James, Park during the Annual Summit, which included a conversation with the Secretary of State for Education. These opportunities not only highlight our commitment to nurturing talent and ambition but also create memorable experiences that can significantly impact the future careers and lives of young individuals. 20 Schools J NorthEast • f 23/24 Events Improving your staff wellbeing and retention webinar Annual General Meeting 2023 Voice of the pupil Roundtable NNOSS online conference Annual Summit 2023 EdNorth TeachMeet- Metacognition Annual Ofsted Update Asthma in schools webinar Fire risks updates to legislation webinar Leora Cruddas Roundtable Annual Governance Conference Annual Academies Conference EdNorth TeachMeet- Reading NNOSS online conference KCSIE webinar Annual Curriculum Conference Can flexibi5ity bring greater stability and a happier workforce webinar David Withey Roundtable Annual Patron's Dinner Key elements of effective safeguarding, current issues, scrutiny and impact webinar FREE IVEBINARS Catch up on demand! Mary Glindon MP Roundtable Kim McGuinness Roundtable NNOSS Conference 2024 EdNorth TeachMeet- Behaviour Service Level Agreements Event Maintained and Academy Trust govemance guides a summary of key changes webinar Sir David Bell Roundtable Annual Healthy MindED Conference Data breaches: top tips for staying compliant webinar NNOSS Online Conference Unpacking the mental health and wellbeing of School Business Leaders 2024 Russell Hobby Roundtable Annual Schools Business Management Conference NNOSS demo session Spotlight on executive and senior leadership recruitment and retention webinar EdNorth TeachMeet- Quality First Teaching oming up in 24/25 P&L 3074 21 Communications 23/24 Podcast Blog 2023/24 saw us launch our own podcast series, which was a huge milestone and achievement for the network. As well as positive stories from the community, we also update our audience with sector news and updates, from policy changes to discussion points at roundtables. The Schools North East Podcast is a source for better understanding the critical issues facing our education system today (from a North East England perspective). We use our blog to host all stories; as well as sharing news in our Weekly Update, blog stories are also shared across our social media channels. In our first series, we gain invaluable insights from sector leaders and influential figures from the region and beyond, sharing their success stories to promote a positive narrative of North East schools, and sharing their challenges to lobby for the change our region's schools need to see. Social Media We regularly updated our social media channels with information regarding our events, policy work, regional and national news, community updates, and more. FOLLOW We currently have a combined following of almost 10,000 on our main X (formerly known a5 Twitter) accounts and 3.500 on Linkedln. Newsletter (Weekly Update) Our weekly newsletter is now sent to over 6,000 engaged subscribers and is designed to educate, inform, and entertain our audience. To give ourselves a bigger platform to amplify our network's voice, this year saw Us revive our Instagram and Facebook pages, which have already amassed 200 and 600 followers respectively. In 2023/24 we sent out 40 Weekly Updates and achieved a strong open rate and click through of 380/0 and 7 % respectively. From 4 September 23 to 19 July 24, we had 209,422 impressions on Twitter, and 149 new followers. Good New Stories To showcase a positive narrative of North East education and to highlight the fantastic work of our region's amazing schools we publish 'good news, stories on our website and share via the Weekly update and on our social media channels. On Linkedln, the Schools North East page achieved 3,268 views and 77,963 organic post impressions. In 2023124 we shared 90 community stories ranging from successful school trips to impressive staff awards. Ti here. 22 Schools North East Trading This is the end of SN￿'s tenth full year of trading. Income increased this year, as our events programme reverted back to physical events following the pandemic. The Trading Arm was incorporated on 15 August 2014 as a wholly owned subsidiary of Schools North East. It is a company limited by guarantee and was set up to fulfill the Trustees, obligation to use a trading subsidiary where there is any potential of substantial risk to Schools North East through any of its activities. Schools North East Trading Ltd (SNET) donates all of its profits to Schools North East the charity, and makes a very significant contribution to its continuing financial success. Financial Review 2023-24 Schools North East remains financially strong with income from all sources, maintaining a sustainable financial level post-pandemic. The majority of expenditure is related to staffing and infrastructure, to service the needs of members and the delivery of events, CPD, communications and other support. The organisation's non-staff overheads remain very low, a5 a result of our longstanding relationship with, and support from, Northumbria University. For 2023/24 Schools North East received £149,475 in gift-aid payments from Schools North East Trading Limited. Schools North East employed two members of staff at the start of the 2023/24 financial year: And, Schools North East Trading employed six members of staff: DIRE￿oR POLICY OFFICER DEPUTY DIRECTOR EVENTS MANAGER EVENTS COORDINATOR BUSINESS MANAGER ADMINISTRATOR PROJEcf COORDINATOR Vacant post: MARKETING AND COMMUNICATIONS OFFICER Vacant post: DEPUTY EVENTS MANAGER 23 Financial Review 2024-25 Financial Contro15 Schools North East continues to develop more accurate and sophisticated approaches to financial and strategic planning. We can effectively monitor and forecast income and expenditure, manage cash-flow and maintain the financial health of the organisation. As we moved out of the pandemic, Trustees continued to monitor the ftnancial position of the charity. Review of the year The results for the year and the company's financial position at the end of the year are shown in the attached financial statements. During the year, the Charity had an income of £665,011 (2023: £S89,774) and expenditure of £551,642 (2023: £505,335) Net income for the year was £113,369 (2023: £84,419) At 31 July 2024 the Charity had net assets of £559,801 {2023: £446,432) Governing D?ctJmont The organisation is a Charitable Company Limited by Guarantee. The Company was established under a Memorandum of Association, which established the objects and powers of the Charitable Company and is governed under its Articles of Association. In the event of a winding up any member (who is a director) undertakes to contribute to the payment of liabilities, such amount as may be required not exceeding the total of £1. Reserves policy/No reserves/Going concern The Trustees reviewed the requirement for free reserves throughout 2023/24, which are those funds not invested in fixed assets or otherwise committed. Based on their reviews they continue to believe that Schools North East requires three months, worth of operating expenditure. At 31 July 2024, 'free' reserves amounted to £559,801, which is well in excess of that amount. Recruitment and Appointment of the Board The Directors of the Company are also Trustees for the purposes of charity law and under the company's Articles are also its members. Under the requirements of the Nemorandum and Articles of Association, at the Annual General Meeting one-third of the Directors, who are subject to retirement by rotation, Shall retire. Retiring Directors can be re-appointed at the Annual General Meeting. Trustees are elected by Partner Schools on the basis of specialist skills and commitment to the objectives and aims of the organisation, having served on the Head Teacher Advisory Board. They are also Partner School Members. 24 Board Induction and Training New Board Members are introduced to the work of the organisation and informed of their legal roles and responsibilities at an induction meeting. The induction and training programme for new Board Member5 includes: A briefing by the Director An explanation of roles and responsibilities as a Board Member Copies of the main company documents including the Memorandum and Articles of Association and the Financial Statements Copy of the business plan and most recent evaluation report Copies of recent board papers including budgets and management accounts A copy of the Charity Commission publication How to be an Effective Trustee" A copy of the governance structure Risk Management The Board is responsible for the management of the risks to which the Charity is exposed. A risk register is produced which considers financiali governance and delivery risks. For each risk, the register identifies: Initial risk assessment in terms of impact and likelihood Initial risk rating Counter measures - Responsibility / ownership Timescale Amended risk assessment in terms of impact and likelihood Amended risk rating The Board reviews the risk register throughout the year. Through the counter measures Put in place in the risk register, and the regular reviews and updates, the Board is satisfied that the major risks identified have been adequately mitigated. It is recognised that this approach can only provide reasonable - but not absolute - assurance that major risks have been adequately managed. 25 Reference and administrative details of the charity. its trustees and advisors 2023-24 Registered charity name: Schools North East Trustees and Members of the Board: Colin Lofthouse {Chair) Jo Heaton (Wice Chair) Kieran McGrane (Vice Chair) Zoe Carr Kate Chisholm Pete King Kieran McLaughlin Mike Butler Maura Regan Monica Shepherd Christina Jones John Hardy Charity number: 1129594 Company registration number: 06450637 RegisterL.d office: Room 115, Ellison Terrace Ellison Place Newcastle upon Tyne NE18ST Director and Snnior Staff members: Director: Chris Zarraga Deputy Director: Pauline Aitchison BanL"crs'. Barclays Bank 59 High Street Gosforth Newcastle upon Tyne NE3 4AS Indepen4Ant Eyimin-r Doug Maltman FMAAT Connected Voice Business Services Ltd Higham House Higham Place Newcast5e upon Tyne NEI 8AF 26 Statement of Trustee Responsibilities 2023-24 The trustees, who are also directors for the purposes of company law, are responsible for preparing the Trustees, Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires 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 incoming resources and application of resources, including the income and expenditure of the charitable company for that year. In preparing those financial statements, the Trustees are required to: select suitable accounting policies and apply them consistently; observe the methods and principles in the Charities SORP,. make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and 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. Approved by the Board on 17 September 2024 and signed on their behalf by: Colin Lofthouse (Chair) 27 SCHOOLS NORTH EAST A company limited by guarantee INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES For the ear ended 31 July 2024 I report on the financial statements of Schools North East for the year ended 31 July 2024. which are set out on pages 29to39 Respective responsibilities of trustees and examiner The trustees (who a￿ also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for the year under section 144(21 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income exceeded £250.000 and l am qualified to undertake the examination by being a Fellow of the Institute of Chartered Accountants. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 2011 Act. to follow the procedures laid down in the general Directions given by the Charity Commission (under section 14515){b) of the 2011 Act), and to slate whether particular matters have come to my attention. Basis of independent examiner's statement My examination was carrted out in accordan￿ wth general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also indudes consideration of any unusual items or disclosures in the accounts. and seeking explanations frorn the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequenlly no opinion is given as to whether the accounts present 'true and fair view. and the report is limited to those matters set out in the statement below. Independent examinerfs staternent In connection with my examination, no material matters have come to my attention which gives me cause to believe that in. any material respect- accounting records were not kept in accordance with section 386 of the Companies Act 2006., or the accounts do not accord such records: or the accounts do nol comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordan￿ with the Charities SORP {FRS1021. I have come across no other matters in connedion with the examinats'on to which attentian should be drawn in this report in order to enable a proper under51anding of the accounts to be reached. Lilian Hetherington FCA Fellow of the Insb'tute of Chartered Accountants in England and Wales Connected Voice Business Services One Strawberry Lane Newcastle upon Tyne NE14BX Date.. ICJY 28 SCHOOLS NORTH EAST A company limited by guarantee CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING THE INCOME & EXPENDITURE ACCOUNTI For the year ended 31 July 2024 General Unrestricted Funds Restricted Funds Total 2024 Total 2023 Income.. Income from charitable activities- Fees and grants Income from other trading activities: Trading subsidiary income Investment income 216.990 216,990 186,783 442.541 5,480 442,541 5,480 402,991 Total income 665,011 665.011 589,774 enditure Costs of raising funds.. Trading subsidiary costs Expenditure on charitable activities: Operation of the charity Total expenditure 10 295.636 295.636 291,703 256,006 256,006 213,652 551,642 551,642 505,355 Net income/(expenditure) and net movement in funds for the year 113,369 113,369 84,419 Reconciliation of funds Total funds brought fonvard 446.432 446,432 362,013 Total funds carried fonvard 559.801 559.801 446.432 The Statement of Financial Activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from conts'nuing activities The notes on pages 32 lo 39 form an integral part of these financial statements. 29 SCHOOLS NORTH EAST A company limited by guarantee Company number 06450637 CONSOLIDATED BALANCE SHEET As at 31 July 2024 Group Charity 2024 2023 2024 2023 Fixed assets Tangible assets 20 624 1,252 624 1.252 Total Fixed Assets 624 1.252 624 1,252 Current assets Debtors and prepayments 22 37.806 50,187 238,041 155,647 Cash at bank and in hand 627.624 495,503 419,196 335.666 Total Current Assets 665,430 545.690 657,237 491,313 Liabilities Creditors falling due within one year 23 (106,253) (100,510) { 98.0601 (46.1331 Net Current Assets 559,177 445.180 559.177 445,180 Total assets less current liabilities 559.801 446,432 559,801 446,432 Net Assets 559,801 446.432 559,801 446.432 The funds of the chari Restricted income funds General unrestricted income funds 559.801 446.432 559,801 446,432 Total charity funds 559,801 446,432 559.801 446,432 The cornpany was entitled to an exemption from audit under s477 of the Companies Act 2006 relating to small companies. The Members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The direGlors acknowledge Iheir responsibilities for complw'ng wtth the requirements of the Companies Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to small companies subject to the srnall companies regime and in accordance with FRS102 SORP. The notes on pages 32 to 39 fomi an integral part of these financial statements. Colin Lofthouse Chair and are signed on its behaff by- Date.. 9Y¢Q.J 30 SCHOOLS NORTH EAST A company limited by guarantee CONSOLIDATED STATEMENT OF CASH FLOWS For the ear ended 31 Jul 2024 2024 2023 Cash flows from o eratin Net movement in funds Depreciation Deduct interest incorne shown in investing activities Decrease in debtors IncreasellDecrease) in creditors Net cash from operating activities activities 113,369 628 (5.4801 12,381 5,743 84.419 665 6,469 (53,0261 38,527 126,641 Cash flow from investin Interest received activities 5,480 Net cash used in investing activities 5,480 Increase (decrease) in cash and cash equivalents Cash and cash equivalents at start of year Cash and cash equivalents at end of year 132,121 495.503 38,527 456,976 495,503 627.624 Cash and cash equivalents consist of: Cash at bank and in hand 627.624 495,503 The notes on pages 32 to 39 fom an integral part of these financial statements. 31 SCHOOLS NORTH EAST A company limited by guarantee NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the ear ended 31 Jul 2024 Ac¢ounting Policies The principal accounting policies adopted. judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows.. 2 Basis of accounting 2.1 Basis of prepardtion These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The accounts have been prepared in accordance with Accounting and Reporting by Charilies.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019) - Charities SORP {FRS 1021, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011 Schools North East meets the definition of a public benefit entity under FRS 102. 2.2 Preparation of the accounts on a going concern basis The financial statements have been prepared on a going COn￿M basis. In making their assessment the tnjstees have reviewed and considered relevant infomiation. including their annual budget and fulure cash flows. Based on their review of this information, the tnjstees are of the opinion that the immediate future of the charity for the next 12 months is secure and that on this basis the charity is a going concern. 3 Income 3.1 Recognition of income Income is reco9nised when the charity has entitlement to the resources. any performan conditions attached to the item{sl of income have been met. it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliably. 3.2 Offsetting There has been no offsetting of assets and liabilities. or income and expenses, unless required or permitted by FRS102 SORP or FRS102. 3.3 Grants and donatioiis Income from govemment and othergrants. whether'capital. grants or'revenue. grants, is recognised when the charity has entitlement to the funds. any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advance or provision of other specified service is defe￿ed until the cnteria of income recognition are met. 3.4 Interest receNable Interest on funds held on deposit is included when re￿ivable and the amount can be measured reliably by the charity., this is nonnally upon nobfication of the interest paid or payable by the bank. 32 SCHOOLS NORTH EAST A company limiled by guarantee NOTES TO THE CONSOLIDATED FINANCIAL STATEMEKrs For the ear ended 31 Jul 2024 3.5 Income from membership subscription5 Membership subscriptions received in the nature of a gift are recognised in donations and legacies Membership subscriptions which give a member the right to buy services or other benefits are recognised as income eamed from the provision of goods and services as income from charitable activities. 3.6 Fund accounting Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charities. work or for specific projects being undertaken by the charsty. 4 Expenditure and liabilities 4.1 Liability recognitio A liability is measured on recognition at rts historical cost and then subsequently measured at Ihe best estimate of the amount required to settle the obligation at the reporting dale. 4.2 Charitable activities Expenditure on charilable activities includes the costs of advancement of education in the North East and other activities undertaken to further the purposes of the charity and their associated support costs. 4.3 Governance and support costs Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice Support costs are Ihose functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated lo activity Cost categories on a basis consistent with the use of resources. 4.4 Irrecoverable VAT Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. 4.5 Creditors The charity ha5 creditors which are measured at settlement amounts less any trade discounts. 4.6 Provisions for liabilities A liability is measured on recognition at its historical cost and then sUbseqUen￿Y measured at the best estimate of the amount required to settle the obligation at the reporting date. 5 Assets 5.1 Tangible fixed assets for use by the chaiity Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economi¢ lives on a straight-line basis as follows= Office and computer equipment 4 years straight line 33 SCHOOLS NORTH EAST A company limited by guarantee NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the ear ended 31 July 2024 6 The summaryfinancial perforniance of the charityalone is: Total 2024 Total 2023 Income 219,900 186,783 Gift aid from subsidiary company 149,475 111,288 369.375 298.071 Expenditure on charitable activities 256.006 213.652 Net income/(expenditure) 113.369 84,419 Total funds brought forward 446.432 362,013 Total funds carried ft)rward 559 801 446.432 Represented by.. Restricted income funds General unrestricted income funds 559.801 446,432 559,801 446,432 Analysis ot In¢ome General Unrestricted Funds Restricted Funds Total 2024 Total 2023 7 Income from charitable activities School Membership Fees Commercial membership fees Advertising sponsorship 152.244 63.135 1,611 152.244 63,135 1.611 133.392 50,925 2.466 216,990 216990 186,783 8 Income from other trading activities Trading subsidiary Conferences and events 442,541 442,541 402,991 402 991 SCHOOLS NORTH EAST A company limited by guarantee NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the ear ended 31 July 2024 Generdl Unrestricted FurKIs Restricted Funds Total 2024 Totsl 2023 9 Investrnent Income Intere51 income received 5.480 5.480 5.480 Income was £665.011 12023.. £589,779) of which £665,011 was unrestricted or designated (2023: £589,779) and £0 was restricted12023.. £01 Analysis of expenditure General Unrestricted Funds Restricted Funds Totsl 2024 Total 2023 10 Costs of raising funds Trading subsidiary costs Staff costs Direct costs Overheads 162,693 116,766 16.177 162,693 116.766 16.177 295 636 159,532 113.277 18,8g4 295 636 291 703 11 Charitable activities Direct Costs Advancement of education in the North East Depreciation Govemance cost5 246,046 246.046 205.588 628 628 665 Trustees meeting costs and AGM Legal and professional fees Independent examiners fee5 169 7.942 1.390 7.942 1,390 5,840 1,390 256.006 256,006 213,652 Expenditure on charitable activities and raising fund5 was £551,642 {2023= £505.355) of which £551,642 was unrestricted or designated {2023'. £505.355} and £0 was restricted {2023: £0). 35 SCHOOLS NORTH EAST A company limited by guarantee NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the ear ended 31 July 2024 12 Net incornellexpenditure) for the year 2024 2023 Thls is stated after charging . Depreciation Independent examinees fee5 for reporting on the accounts Other accountancy Services prowded by the examiner 628 1.390 2.383 4.401 665 1,390 2,054 4,109 13 Analysis of staff costs. and the cost of key management personnel 2024 2023 Gross wages. salaries and benefits in kind Employerfs National Insurance costs Employerfs pension costs 328.286 27,465 6,439 362,190 302,229 27.195 6,761 336,185 2024 Number 2023 Number £80,000 fo £90,000 £110.000 È0120,000 The key management personnel of the charity. comprise the Trustees. the Board and the Director. The total ernployee benefits of the key management personnel of the charity were £81.541 12023= £115,986>. The key managernent personnel pay was higher in 2023 due to a payment for back pay covering the last four financial year5, in the year of £42,232. 14 Staff Numbers The average monthly head count was 9 staff 12023.. 10 staff) and the average monthly number of fu114ime equivalent employees during the year were as follows.. 2024 Number 2023 Number The parts of the charity in which the employees work. Charitable activitie5 10.0 10.0 15 Transactions with trustees None of the tnjstees have been paid any remuneration or received any other benefiis from ernploymenl wth the charity or a Trlated enlity.(2023 none) SCHOOLS NORTH EAST A company limited by guarantee NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 Jul 2024 16 Trustees. expenses No tru51ee5' expenses have been incur￿d in the year12023 none). 17 Transactions with relatgd parties No trustee or other person related lo the charity had any personal interest in any contrdct or other transactions entered into by the charity. including guarantees. during the year12023 none). 18 Defined contribution pension scheme The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independenuy administered fund. rhe employerfs pension costs represent contribution5 payable by the charity to the fund and amount to £6,439 12023.. £6,761). There was £1.297 outstanding as at 31 July 2024 (2023=nill- 19 Corporation taxation The charity is exempt from tax on income and gains fallirsg within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to ils charitable 20 Tangible fixed assets Charity Group Office equipment Office equipment Total Total Cost Balance brought forward Additions Disposals Balance earned forward 6,908 6.908 6.908 6.908 6.908 6,908 Depreciatlon Balance brought forward Depreciation charge for year Disp05315 Balance carried forward 5.656 628 5.656 628 5.656 628 6.284 6.284 6.284 Net book value Brought forward 1.252 1,252 1,252 Carried forward 624 624 624 37 SCHOOLS NORTH EAST A company limited by guarantee NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 July 2024 21 Flxed as$et investment Investment in subsidiary company The charitable company has a wholly-owned UK subsidiary company. Schools North East Trading Ltd. The principal actr'vity of the company during the year was educational 5UPPOrt servlces. A summary of the Gornpany's r85uIts and balance sheet for the year ended 31 July 2024 is as follows.. The sumrnary financial perfomiance of the subsidiary alone is. 2024 2023 Tumover Cost of sales Administration costs 445.112 (116,766) (178.871) 402,991 (113,2771 { 178,4261 Net profit 149,475 111,288 Amount gift aided lo parent Charity Retained in subsidiary (149,475) (111,2881 2024 2023 The assets and liabilities were= Current assets Creditors amounts falling due within one year Total net assets 319,987 (319.985) 119.229 (119,2271 Called up share capital Profil and 1055 account Equty attn'bulable to the parent 22 Debtors and prepasThents (Teceivable within 1 year) Group Charity 2024 2023 2024 2023 Trade debtors Amounts due from subsidiary undertakings 37.806 50,187 12,114 225,927 15.135 140.512 37,806 50.187 238 041 155.647 38 SCHOOLS NORTH EAST A company limited by guarantee NOTES TO THE C014SOLIDATED FINANCIAL STATEMENTS For the ear ended 31 JLtI 2024 23 Creditors and accruals {payable within 1 year} Group Charity 2024 2023 2024 2023 Trade creditors Taxation and social security Deferred income Amounts due to subsidiary undertakings Accruals Preparation of statutory accounts Other creditors 13.097 33.574 55.725 12.212 26.953 58.805 4,861 S.340 5,561 3,556 85,867 35.626 2.560 1.297 2.540 1,390 602 1.390 106.253 100 510 98,060 46.133 Deferred income 2024 Balance brought forward Amount released to income eamed from charitable activities Amount deferred in year Balance carried forward 58,805 158,8051 55.725 55.725 24 Analysis of charitsble funds Analysis of movements in unrestricted funds Fund balances brought forward Fund balances carried forward Incoming resources Resources expended Transfers General unrestricted fund 446.432 665.011 (551,642) 559,801 559.801 Totals 446,432 665,011 Purpose of unrestricted funds General unreslricled fund The Yree reserves. of the charity. 25 Analysis of net a55et5 between funds Unrestricted Funds Restricted Funds Total 2024 Totsl 2023 Tangible fixed assets Cash at bank and in hand Other net current assetsllliabilities) 624 627.624 (68.447) 559 801 624 627,624 { 68.447) SS9 801 1,252 495,503 (50.3231 39