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2024-12-31-accounts

REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024

Charity number 1135379 Company number 07182949

Welcome from the Chair

It always gives me enormous pleasure to talk about Classics for All and its wonderful mission to bring all the subjects of the Classics’ canon to as many state school students as possible. For some of our pupils their encounter with Classics for All has been truly life changing and set them on a road to academic success and personal fulfilment. These last twelve months at Classics for All HQ has been a period of transition. Our brilliant interim CEO Jules Mann handed over to Jo Hobbs who lost no time in building a new core team at the heart of our operations. Alice Case who ran the North-West hub so successfully for many years stepped up to become our overall Programme Director. With her first-hand knowledge of delivering our programme to schools in the North she is ideally placed to strengthen and streamline that process even further across all regions. The next crucial appointment was Head of Giving. After an extensive search we were delighted to discover that Sacha Glasgow-Smith, who you may remember had worked at the charity previously, was able to return to complete a strong leadership team.

Despite changes at the top, we’ve carried on with purpose and had another very successful year. From Thurso to Truro classrooms up and down the country have been ringing out with young voices chanting their verb endings and noun declensions. But there is more to do. And this is why our donors are so crucial. Without the ongoing committed support which has been outstanding we would not be able to bring these transformational subjects into the lives of so many young people across the whole nation. Time and again we hear from students stating how life-changing their encounter with Classics for All was. For some it helped enormously with their grasp of English, for others it opened a door on a world which helped them understand better the world they live in and for some it began a lifelong passion which propelled them to great universities and further academic glory. So, thank you to all our donors. We simply could not do any of this without you. Please take a moment to savour the blessings you have bestowed on young people around the country who would otherwise never have enjoyed the benefits of a classical education.

I’d also like to pay tribute to our truly gifted and committed teachers up and down the land. It was my honour to present our annual Impact Awards in Leicester last June and what a celebration it was. As each teacher received their award they spoke from the heart about how working with Classics for All had reinvigorated their own purpose and how much pleasure they had experienced watching their cohorts of students blossom and grow as the ancient world opened up before them. It was a truly moving evening and we are lucky to have such a strong, smart and dedicated network of hubs across the country who are committed to delivering what Classic for All can provide.

The charity was also able to step in this year when the government announced they would no longer be supporting the Latin Excellence Programme, and we offered to help students and schools engaged in GSCE preparation. Wherever anyone anywhere reaches out to ask for help in exploring the Classics we want the hand of Classic for All to always be there. And we can continue to do that and do it even better in the years to come with the unbeatable combination of our amazing donors, our brilliant teachers, our hard-working central office, our inspiring Network Coordinators and Trainers, and of course our most important resource - our bright and enthusiastic pupils.

Jimmy Mulville Chair

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Introduction

The trustees, who are also directors under company law, present their annual report together with the financial statements of the charity for the year ended 31 December 2024. The trustees confirm that the financial statements comply with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice ‐ Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Our history

Following sweeping education reform, the teaching of Classics was in sharp decline in UK state schools from the 1970s. In 2010, researchers estimated that Classics was taught in only 25% of state schools, compared with 75% of schools in the independent sector.

Classics for All was established to reverse this trend. Restoring Classics to state schools is a challenge. Barriers include a shortage of qualified teachers, a crowded curriculum and the enduring myth that Classics is only for a privileged few.

Purpose

The object of Classics for All is to advance education in the languages, history and culture of Ancient Greece and Rome and the classical world (“Classics” and “classical subjects”).

We believe that delving into the ancient world - through ancient history, classical civilisation, Latin, and Ancient Greek - is not only enjoyable but also profoundly beneficial for all pupils. It enhances their cultural awareness, sharpens their language and analytical skills, and boosts their aspirations and achievements.

Our mission is to inspire more state primary and secondary schools to embrace Classics, particularly in areas of social and economic disadvantage. We provide teachers with free training, resources, advice, and mentoring to integrate Classics permanently into the school curriculum.

By teaching young people from all backgrounds about the ancient world, we aim to elevate their aspirations and enrich their cultural capital.

Classics education is gaining momentum in the UK. In the 2023-2024 academic year, the number of students enrolled in 'Modern Classics' degrees rose by 18% for Single Honours and 11% for Joint Honours[1] . This trend underscores the growing recognition of the value of classical education in developing well-rounded, knowledgeable individuals.

1 https://cucd.blogs.sas.ac.uk/files/2024/08/CUCD-Statistics-2023-24.pdf

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In line with the charity’s objectives, we undertake work that will:

‐ Classics for All does not replace statutory funding, nor offer long term subsidy to schools. We offer initial training and support so that children and young people, parents, schools and policy makers recognise the benefits of learning about the ancient world and make Classics part of the mainstream school curriculum.

Public Benefit

Classics for All’s work benefits the following public groups:

The trustees have given due consideration to the Charity Commission's published guidance on the Public Benefit requirement under the Charities Act 2011.

The trustees have considered this matter and concluded:

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Key achievements and performance in 2024

The educational landscape continued to be extremely challenging during 2024 particularly for teacher recruitment and retention, funding for schools, particularly for Special Educational Needs (SEN) pupils. There were also substantial challenges for pupils' mental health and resilience post Covid. Elections in the summer and a subsequent change of government led to uncertainty and the launch of a curriculum review. This, combined with several new appointments in the central team and some vacancies in our regions, has made it a difficult but exciting period of change for us to work in.

An article was published in the Journal of Classics Teaching examining the data from a 2021 survey, undertaken by the Classical Association and supported by Classics for All[2] . The purpose of the survey was to fill in more detailed information about what is going on in schools' Classics departments more widely through the UK across Key Stages 3–5, and to provide practising teachers with an opportunity to make recommendations for future developments in courses for classical subjects. There is significant feedback here about the need for changes to curriculum and assessment that will bolster the case for exam reform. We are using this to inform our plans going forward.

Bringing Classics to more schools

This year, we aimed to reach 100 new schools, with 60% outside the southeast. Despite ambitious targets and staffing changes, we reached 67 new schools, with 90% outside the southeast and 61% in the North and Midlands. We also focused on retaining existing schools, achieving an average retention rate of 80% across regions.

In 2024, Classics for All supported 279 applications from schools across the UK, including the 67 new schools, delivering 697 training sessions for teachers across the UK. Our Network Coordinators and central team worked diligently to gain new schools and support existing ones in developing sustainable Classics provision. Our cumulative total of schools reached since our launch is 1,314.

We conducted five online CPD sessions for both primary and secondary schools, reaching 65 schools. Sessions included:

Feedback from schools was positive, particularly for the Primary Latin Leads sessions, which have become a termly online event. We also collaborated with the Classical Association for CPD events and organised an in-person Ancient History Day at Harrow School, attended by over 80 teachers.

2 https://www.cambridge.org/core/journals/journal-of-classics-teaching/article/classical-studies-trendsteaching-classics-in-secondary-schools-in-the-uk/B1C3BE3EF89B4212F5790EA914CEA476

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We released a new brochure for Initial Teacher Training providers, advocating for Classics and outlining support for integrating it into ITT. This includes word roots for primary teachers, myth and storytelling for secondary English teachers, and historical skills for secondary history teachers. The brochure was well received at the Historical Association conference and has been used by regional coordinators.

Our regional networks continue to innovate and collaborate with partner universities and heritage organisations. Notable activities include events at Chester House Estate and Hadrian’s Wall, involving local schools and universities.

We introduced a new online AS level Greek class for Sixth Form students, targeting state schools in London and the Southeast. Nine students enrolled, and they had the opportunity to visit Cambridge for an enriching experience.

Celebrating Classics on the Curriculum

Since 2021, we have celebrated the work of our teachers and schools through our annual online Impact Awards. Schools across the UK, nominated by our Networks, have received prizes and recognition for their outstanding contributions.

In 2024, we held the Impact Awards in person for the first time, introducing self-nomination categories. The event, held at Leicester City Art Gallery in June, was a resounding success. Teachers, donors, partners, and supporters enjoyed a positive and celebratory evening.

Building on this success, we will continue to host the Impact Awards in person. These awards have provided us with a wealth of case studies and quotes to support our future fundraising activities.

Investing in our regional structure

This year, we initiated a review of our Regional Networks and the support provided by our central team. Our networks, having grown organically, vary in funding, structure, capacity, and skills. We reassessed our capacity based on nine regions in England, plus Scotland and Wales, with Northern Ireland schools supported centrally. Staffing capacity was evaluated based on population density, leading to increased capacity in some areas (Northwest and West Midlands) and a focus on areas of high social deprivation.

We rationalised our Northern Networks, splitting the Manchester and Leeds Network into two— creating a Yorkshire and Humberside Network—and combining the Manchester and Liverpool Networks to cover the Northwest. All network grants were aligned with our new monitoring and reporting timelines through top-up grants and extensions.

While partnerships with universities bring benefits, they also present challenges. We are working with partners to reshape these relationships, particularly in light of the higher education sector's own challenges.

We reviewed regional reporting and central support, introducing clear, manageable work plans, formal mid-year reviews, and more frequent, structured support from the central team. A successful coordinators' away day in Leicester in April, attended by 11 of our 14 network coordinators and our central team, facilitated the introduction of new reporting and monitoring requirements. This event also encouraged regional collaboration and sharing of recruitment strategies.

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New procedures are now in place to ensure greater accountability and enable closer monitoring and support where needed, particularly in struggling or new networks. Early indications suggest these changes are effective. While there is still work to be done, our vision is clearer.

Advocating for Classics

We continue to collaborate closely with the Classical Association (CA) on exam reform issues to ensure diverse voices are heard. We submitted a joint representation to the Government ahead of the Budget/Spending Review and adopted a collaborative approach to the ongoing curriculum review.

Additionally, we are working with the Classical Association and Classical Association Scotland to ensure our support for schools is adequately represented at the Classical Association Conference in St Andrew’s in July 2025, ahead of the Scottish curriculum review. The landscape for teaching Classics in Scotland remains challenging, and we aim to leverage the conference for collective influencing.

We remain active participants in the Department for Education’s (DfE) Latin Expert Panel, overseeing the Latin Excellence Programme (LEP). Following the DfE's announcement in December 2024 to withdraw funding from the LEP programme earlier than anticipated, Classics for All is collaborating with the DfE and other stakeholders to discuss exit strategies and future support for schools, teachers, and students involved in the programme.

Classics for All continues to work alongside various organisations dedicated to promoting Classics, including the Historical Association, LitDrive, the Hellenic Society, the Roman Society, ArLT, Cambridge Schools Classics Project, teacher training providers, and universities. This collaboration ensures we maximise impact, avoid duplication, and share best practices with a common and clear purpose.

To build awareness of Classics education and our work, we have increased our use of social media. Our follower increases in 2024 were:

The slow follower growth on Facebook and X in 2024 is due to several factors. Algorithm changes have limited organic reach, with X prioritising immediate engagement and Facebook relying more on paid content. Additionally, audiences have shifted towards short-form video platforms like TikTok and Instagram Reels, and the influx of AI-generated content has made it harder to stand out.

In response, we prioritised Instagram and LinkedIn for their strong organic reach, high engagement potential, and alignment with our target audience. This strategy resulted in significant growth on both platforms, expanding our community, increasing visibility, and driving meaningful interactions. We also set up a Bluesky account to replace our X output.

For the first time, we developed a comprehensive marketing strategy for the Overboard! and Moot Trial events, boosting ticket sales and maintaining audience engagement throughout the event cycle. Pre-event promotion included live polls, quizzes, and challenges, which built

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excitement and kept the audience actively involved during the live stream. This dynamic approach increased social media interaction and drove higher ticket sales.

We consistently created posts around trending themes, events, and notable dates to keep our content fresh and relevant. By aligning posts with popular cultural moments or seasonal celebrations, we tapped into wider audiences while resonating with our loyal followers. This strategy not only kept our audience engaged and entertained but also fostered a sense of community, even when not actively promoting events.

Developing the young Classicists network

In 2024, The Chorus’ membership grew significantly from 187 members to 401. A significant increase in growth was in January 2024 when The Chorus hosted an online event ‘In Conversation with Emily Wilson’ which was attended by 156 young Classicists, many of them new members. The Chorus also ran ‘In Conversation with Daisy Dunn’ in June 2024, which had 42 Chorus members sign up for but disappointingly was only attended by less than half. Members were also invited to join the Classics for All events for free online, with 14 attending Overboard! and 42 attending the Moot trial of Medea.

Funding our Mission

Our main sources of income remained donations from individuals and trusts and foundations. Individual donations represented our strongest income stream with 547 donors accounting for £478k – 70% of total income. Trust and foundation support has remained fairly stable year on year and is this year proportionally 24% of total income at £167k.

In December, we once again participated in The Big Give Christmas Challenge - the UK’s largest match funding campaign. After securing match funding of £15k from our Big Give Champion, The Reed Foundation, and £35k from individual supporters, we raised £97k during the campaign week (3–10 December), generating a total of £147k (2023: £111k) including £11k in Gift Aid. Of the 172 supporters who donated to our online campaign, 30 were new to Classics for All (2023: 20). The opportunity to ‘double your donation’ remained attractive for existing Classics for All donors, including those who had not donated to a Big Give campaign before.

In 2024, we had 24 Trusts and Foundations donate to Classics for All, with five of these trusts new to the charity. Considering the regional structure of the charity, there was a desire in 2024 to focus on regional fundraising to better equip and support our networks. Three trusts donated to fund a regional network, with two of these trusts new to the charity. This is an area of fundraising which we intend to build on in 2025.

The full team has been developing their financial understanding and have been getting more involved in budgeting and forecasting. Going through these processes is helping to improve our financial management and improve understanding about the impact of expenditure decisions.

Donor engagement and recognition

To encourage new donors to donate and existing donors to increase their level of giving, we continue to publicly recognise donors giving £100+ in our annual Donor Recognition List, which acknowledges donors under classically themed categories reflecting the amount they have given. Our 2024 Donor Recognition List will be published on our website in early March. We will also acknowledge those in the category of Praetorian or above in the Spring edition of our Classics Matters newsletter.

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We remain extremely grateful to all our donors, new and existing, for their tremendous support. Their commitment and passion for Classics on the curriculum enables children across the country to experience transformational effect of encountering the ancient world in the classroom.

We seek to develop and maintain relationships with new and existing donors through strong stewardship, including regular updates, private and public events and our annual participation in The Big Give Christmas Challenge. In 2024, we ended the year with the support of 547 individual donors, thanks in part to a varied programme of hybrid and in-person events.

We published two editions of our newsletter Classics Matters in Spring and Autumn. Print copies were sent to over 300 of our top contributors, with online versions sent out via our mailing list and hosted on our website. The Spring edition of our newsletter included our annual donor recognition of our Praetorians (£1,000 - £4,999), Senators (£5,000 - £9,999), Consuls (£10,000 - £24,999), Heroes (£25,000 - £99,999) and Olympians (£100,000+).

For the second year in a row, we were generously hosted by Linklaters to hold ‘Overboard!’, our lively event in which four top classicists vie for animosity and make their case for why their famous individual from antiquity should be thrown Overboard! of our sinking ship. This year saw Professor Llewlyn Morgan representing ‘The Muse’. Dr Frisbee Sheffield representing ‘Alcibiades’, Dr Stephen Harrison representing ‘Alexander the Great’ and Dr Emily Kneebone representing ‘Herodes Atticus’ - who ultimately won the vote and was thrown ‘overboard’.

Lawyers Group

In 2015, a Lawyers Group was established in support of Classics for All. For a small subscription, Lawyers Group members enjoy exclusive access to two Lawyers Group events per year, including our annual moot trial at the UK Supreme Court. Many members opt to give more by increasing their regular donation or sponsoring and donating to events. The group has now grown to over 200 members who contributed £74k in 2024.

The Lawyers Group hosted two events in 2024: ‘A Legacy of Greek and Roman Science’ hosted by Freshfields Bruckhaus Deringer and ‘The Moot Trial of Medea’ at the UK Supreme Court.

A Legacy of Greek and Roman Science brought together a panel of experts in ancient science, Professors Liba Taub (Cambridge), Serafina Cuomo (Durham), Laurence Totelin (Cardiff) and Dr Arthur Harris (Cambridge), to discuss everything from ancient mathematics to the patenting of ideas.

This year’s Moot Trial saw Medea in the dock. The trial was presided over by Lord Lloyd Jones (Justice of the Supreme Court). Jane Bickerstaff KC and Max Hardy acted as counsel for the prosecution, and Mark Heywood KC and Kathryn Arnot Drummond for the defence. After a strong prosecution and defence, the jurors (aka the lawyers’ group audience) found Medea not guilty of all charges.

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Future Plans

We are currently developing a new strategy for the charity. The Board is clear that our primary objective remains the same – to transform children’s lives through encountering the ancient world in the classroom, through a focus on educational equity. Access to Classics on the curriculum should not be predicated on wealth or luck.

We are focusing our priorities around three key areas:

In 2025 we will be focusing on foundational activity including:

Operational changes will also be implemented in 2025, the most significant being a shift from being a grant making organisation to one that deliver services. This reflects how our operating model has shifted over the years. We commission Trainers to work with schools, rather than giving grants to schools to purchase training. The Programme Team is updating all our documentation and processes to better reflect this way of working.

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Financial Review

The accounts have been prepared in accordance with the accounting policies set out in note 2 and comply with the charity’s Memorandum and Articles of Association, applicable laws, the requirements of the Statement of Recommended Practice, and the requirements of the Companies Act 2006.

The income for the year was £686,621 (2023: £763,006) of which £101,020 (2023: £153,174) was restricted income and £585,601 (2023: £609,832) was unrestricted. The total expenditure for the year was £545,686 (2023: £724,111). This produced a year end surplus of £140,935 (2023: £38,895). Overall, the Board are content with the financial performance of the charity, especially considering the changes in the senior team including the continued vacancy for strategic leadership of the fundraising function.

The budget was approved at a point of transition where the full plans for the year were still to be finalised. This was mainly due to the process being underway to recruit a new Chief Executive. The budget was set to achieve a deficit in recognition that the prior year, where we had held our biennial gala, has achieved a surplus.

Through the year, as plans became clearer and the senior team came into position, a significant amount of reforecasting work was done, and finances were managed to reduce that budgeted deficit position. Expenditure on programmes was reduced in 2024 (£399k in 2024 compared to £545k in 2023). This partly reflects not achieving our target of 100 new schools. However, another key factor was some disruptions to network delivery:

Based on our financial planning we were predicting a break-even year end position. In December 2024 we received the wonderful news that a long-term donor wished to make a significant donation to the charity. We are incredibly grateful to Dr Stephanie West and her family for their commitment to our mission. Receipt of this donation towards year end meant that we finished the year in surplus.

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Reserves Policy

Classics for All’s reserves policy is to ensure that adequate general reserve funds are available at the year end to meet a reasonable proportion of the following year’s estimated operating costs, including programme support and administration. The trustees review the policy annually.

Total funds on 31 December 2024 were £737,078 (2023: £596,143), of which £27,120 were restricted (2023: £45,164). At 31 December 2024, Classics for All had free reserves of £709,958 (2023: £550,979).

In March 2024, the trustees decided to retain the minimum target for general reserve funds at approximately three months’ estimated core operating costs, a target of £196k for 2025. This is more than met by our current free reserves. Due to a high level of uncertainty around the England Curriculum and Assessment Review, the Board prefer to hold a higher level of reserves, enabling the charity to act if and when any substantive policy changes are made that affect our work.

During 2025 we will be holding our biennial fundraising Gala Dinner and so would normally be budgeting for a surplus. However, due to the unexpected surplus position in 2024, we are taking the opportunity to invest in some of our digital infrastructure (database and website) whilst building capacity and capability within the team to deliver our upcoming strategy. On this basis, the Board have agreed a break-even budget.

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Governance

Trustees and Directors

James Mulville (Chair)

‐ Matthew Lindsey Clark (Hon Treasurer)

Helen Geary

Marion Gibbs CBE Lidia Kuhivchak

Honorary Presidents

Nicholas Barber CBE Geoffrey de Jager

Advisers

Jeannie Cohen Dr Peter Jones MBE

Professor Judith Mossman (from 27 March 2024)

Dr Mai Musie

Professor Michael Scott

Sonia Thompson

Senior Leadership Team

Interim Director – Jules Mann (until 15 April 2024)

Chief Executive – Jo Hobbs MBE (from 15 April 2024)

Programme Director – Alice Case (from 1 September 2024)

Governance and Management Structure

The governing document is the Memorandum and Articles of Association, which states there must be a minimum of three trustees. The trustees, who are also directors of the company, hold office for an initial term of three years and may be reappointed thereafter. They regularly review the composition of the Board to ensure an appropriate balance of knowledge and experience. New trustees receive a full induction in the aims of the charity and their responsibilities as trustees.

The Board is supported by a Finance and Operations Committee, a Remunerations Committee and a Nominations Committee. Each has Terms of Reference agreed by the Board, which receives reports of the meetings and considers their respective recommendations. There is also provision for a Development Advisory Group and an Events Committee, whose roles are operational.

The charity is managed by a Chief Executive. Operational decisions are made by a senior staff team within agreed strategic objectives and scheme of delegated authority set by the Board. We started the year in a period of transition with an Interim Director in post. A New Chief Executive, Jo Hobbs MBE, started in April 2024, and a new senior team structure has been developed. This team consists of the Chief Executive, Programme Director and Head of Giving. The Head of Giving role is under recruitment.

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Setting pay

All salaries at Classics for All are aligned to an internal pay scale. The Chief Executive’s pay is set by the board of trustees, also using this scale. All jobs including that of the CEO are placed in a salary band. Salary progression is linked to length of service and each year staff move on to a higher salary step within their band provided that their performance is satisfactory and that the charity can afford to do so.

Risk management

Within the charity, risk management is maintained and monitored by the Finance and Operations Committee. The committee meets regularly throughout the year and is responsible for the maintenance of the risk register which is the charity’s main tool for managing its risk profile. Risks are categorised as either governance, external, regulatory and compliance, financial or operational risks.

When considering the risk profile Trustees consider:

Risks are allocated to individuals, groups or committees for ongoing maintenance outside of the annual review by The Board of Trustees.

Major risks are those which have a significant impact and likelihood to disrupt the operations, governance or reputation of the Charity. Having examined the major risks, the trustees are satisfied that the actions and mitigations of the Charity have reduced the risks to an appropriate level which is within the risk appetite of The Board of Trustees. The following risks are designated as our major risks for the current financial year.

Contravention of Child Protection Standards

The trustees ensure that the charity complies with regulatory guidelines and maintains good practice with regards to child protection standards. This risk is mitigated through:

Through next year we will continue to embed a culture of safeguarding and an understanding of everyone’s responsibility for the welfare of children and young people.

Financial irregularities and/or fraud

Focusing on ensuring our financial policies and practices have been robust has been of utmost importance. During 2024 we have created a new Financial Controls Manual, pulling together all our financial policies and procedures and cross-checking against current charity guidance. We

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have also reviewed segregation of duties, account signatories. In 2025 we will be updating our scheme of delegated authority.

Loss or corruption of data

Cyber security is a growing area of concern within the voluntary sector. The charity has secure systems and a password protocol in place. In 2025 we will be investigating further actions that we can take to ensure that our data remains secure.

Fundraising

All fundraising at Classics for All is currently undertaken within the organisation, with the involvement and oversight of the Chief Executive. Their work has at times, included the support of a freelancer, although all contact with Classics for All donors has been undertaken by the core team.

No person from the charity or acting on behalf of the charity was subject to an undertaking to be bound by any voluntary scheme for regulating fund-raising, or any voluntary standard of fundraising, in respect of activities on behalf of the charity.

Classics for All conducts all fundraising in line with the Chartered Institute of Fundraising Code of Fundraising Practice. Throughout 2024 Classics for All complied fully with the Code of Fundraising Practice in its approach to fundraising.

There were no complaints regarding Classics for All’s approach to fundraising in 2024.

Classics for All ensures the protection of vulnerable people and other members of the public from behaviour outlined in subsection 2 by following the Code of Fundraising Practice. Classics for All does not use third party fundraising companies and only contacts those who have expressed an interest in supporting the charity. Classics for All provides opportunities at every interaction for potential supporters to no longer receive such contact. Classics for All does not buy lists of contact details, nor will the charity sell details of our donors to other organisations. Classics for All takes relationship development seriously when it comes to individual fundraising and this in turn means that we can identify case by case the potential for exploitation of vulnerable people. Appropriate action will always be taken to avoid any such exploitation now and into the future.

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Statement of trustees’ responsibilities

The trustees who are also the directors of Classics for All for the purpose of company law, are responsible for preparing the annual report and the financial statements in accordance with applicable law and UK 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 its incoming resources and application of resources, including the income and expenditure, for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper 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.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 31 December 2024 was nine (2023: eight). The trustees are members of the charity, but this entitles them only to voting rights; they have no beneficial interest in the charity.

Statement as to disclosure to our independent examiner

As far as the trustees are aware:

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Independent Examiner

Goldwins Limited were re‐appointed as the independent examiners of the charity in June 2022. Their unqualified report on the financial statements for the year ended 31 December 2024 is included below. They will receive a fee for their work.

This report was approved by the trustees and signed on their behalf by:

Jimmy Mulville

Chair of Trustees Date: 2 July 2025

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Classics for All

TRUSTEES OF CLASSICS FOR ALL

For the year ended 31 December 2024

I report on the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity’s trustees of the Company( and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the

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 sectio n 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Since the Company’s gross income exceeded £250,000, I confirm that I am qualified to undertake the examination because I am a member of the 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.

Anthony Epton BA FCA CTA FCIE Goldwins Chartered accountants 75 Maygrove Road West Hampstead London NW6 2EG

24/07/2025

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Classics for All

STATEMENT OF FINANCIAL ACTIVITIES (incorporating an income and expenditure account)

For the year ended 31 December 2024

Notes Unrestricted
£
Income from:
Donations and legacies
3
558,828
Fundraising events
4
18,555
Investment income
5
8,218
Total income
585,601
Expenditure on:
Raising funds
147,015
Charitable activities
Grant Making
163,206
Schools Outreach
116,401
Total charitable activities
279,607
Total expenditure
6
426,622
7
158,979
Reconciliation of funds:
Total funds brought forward
550,979
Total funds carried forward
16
709,958
Net income / (expenditure) for the
year and net movement in funds
Notes Unrestricted
£
Income from:
Donations and legacies
3
558,828
Fundraising events
4
18,555
Investment income
5
8,218
Total income
585,601
Expenditure on:
Raising funds
147,015
Charitable activities
Grant Making
163,206
Schools Outreach
116,401
Total charitable activities
279,607
Total expenditure
6
426,622
7
158,979
Reconciliation of funds:
Total funds brought forward
550,979
Total funds carried forward
16
709,958
Net income / (expenditure) for the
year and net movement in funds
Restricted
£
101,020
-
-
2024
Total Unrestricted
£
£
659,848
476,877
18,555
130,777
8,218
2,178
686,621
609,832
147,015
178,826
215,859
249,401
182,812
129,714
398,671
379,115
545,686
557,941
140,935
51,891
596,143
499,088
737,078
550,979
2024
Total Unrestricted
£
£
659,848
476,877
18,555
130,777
8,218
2,178
686,621
609,832
147,015
178,826
215,859
249,401
182,812
129,714
398,671
379,115
545,686
557,941
140,935
51,891
596,143
499,088
737,078
550,979
2023
Restricted
Total
£
£
153,174
630,051
-
130,777
-
2,178
585,601 101,020 609,832 153,174
763,006
147,015
163,206
116,401
-
52,653
66,411
178,826
249,401
129,714
-
178,826
91,222
340,623
74,948
204,662
279,607 119,064 379,115 166,170
545,285
426,622 119,064 557,941 166,170
724,111
158,979
550,979
(18,044)
45,164
51,891
499,088
(12,996)
38,895
58,160
557,248
709,958 27,120 550,979 45,164
596,143

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 16 to the financial statements.

18

Company number 07182949

Classics for All

BALANCE SHEET

For the year ended 31 December 2024

2024 2023
Notes £ £ £ £
Current Assets
Debtors 11 55,145 38,188
Cash at bank 707,061 598,612
762,206 636,800
Current Liabilities
Creditors 12 24,024 37,010
Grants payable in one year 13 1,104 3,647
25,128 40,657
Net Current Assets 737,078 596,143
Total Net Assets 737,078 596,143
Funds 16
Unrestricted funds 709,958 550,979
Restricted funds 27,120 45,164
Total funds 737,078 596,143

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.

Approved by the Board of Trustees and signed on its behalf by:

Signed: ………………………………………………… Signed: ………………………………………………… Nrabtans Vndiey (Ded Tag HM Matthew Lindsey-Clark Jimmy Mulville Honorary Treasurer Chairman of Trustees Date: 2 July 2025 Date: 2 July 2025

19

Classics for All

STATEMENT OF CASH FLOWS

For the year ended 31 December 2024

Note
2024
£
15
Cash flows from investing activities:
Interest from investments
8,218
Cash provided by / (used in) investing activities
Change in cash and cash equivalents in the year
Cash at bank and in hand at the beginning of the year
Cash at bank and in hand at the end of the year
Net cash provided by / (used in) operating
activities
Note
2024
£
15
Cash flows from investing activities:
Interest from investments
8,218
Cash provided by / (used in) investing activities
Change in cash and cash equivalents in the year
Cash at bank and in hand at the beginning of the year
Cash at bank and in hand at the end of the year
Net cash provided by / (used in) operating
activities
2024
2023
2023
£
£
£
100,231
60,458
2,178
8,218
2,178
108,449
62,636
598,612
535,976
707,061
598,612

20

Classics for All

Notes to the financial statements

For the year ended 31 December 2024

1 Accounting policies

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise The charitable company meets the definition of a public benefit entity under FRS 102.

b) Going Concern

The charity relies on fundraising through events, funding campaigns and direct grant applications; it encourages recurring donations from individuals and applies for multi-year funding from Trusts and Foundations to ensure ongoing donation income. It aims to widen its donor base year on year. General reserves represent a healthy surplus over the target minimum level of reserves, and the charity has the flexibility to modify its support to schools in line with any fundraising constraints that may arise.

c) Donations and legacies

Donations and legacies are included in the statement of financial activities when received, unless they are for activities that relate to a specified future period, in which case they are deferred to that period. Donation debtors are recognised when there is clear evidence of entitlement to receive funds in the accounting period, the amount is known and receipt of those funds is certain.

d) Investment income

Interest income is credited when received.

e) Restricted funds

Restricted funds are to be used for purposes specified by the donor.

f) Unrestricted Funds

Unrestricted funds are donations and other incoming resources received or generated for the charity's general charitable purposes.

g) Expenditure

Resources expended are recognised in the period in which they are incurred. Resources expended include VAT which cannot be recovered.

h) Grant accounting policy

The full value of new grants awarded by the Trustees during the year is recognised as expenditure (resources expended) in the year. Any grant monies which have been awarded but are not paid out in the relevant year are accrued as creditors.

i) Cost allocation

Where appropriate cost has been allocated proportionate to time spent on the various activities.

21

Classics for All

Notes to the financial statements

For the year ended 31 December 2024

2 Summary income and expenditure disclosing net grants awarded

Income
Donations and legacies
Fundraising events
Investment income
Total income
Expenditure
Expenditure excluding grants awarded
Surplus / (deficit) before grants awarded
less:
New grants awarded
Adjustments to grants awarded in prior years
Surplus / (deficit) for the year
2024
2023
Total
Total
£
£
659,848
630,051
18,555
130,777
8,218
2,178
686,621
763,006
399,745
489,961
286,876
273,045
162,358
234,944
(16,417)
(794)
140,935
38,895

22

Classics for All

Notes to the financial statements

For the year ended 31 December 2024

3 Donation and legacies to the charity were as follows:

Individual donations and legacies
Trust and Foundations
Corporate Sponsorship
Donations from Trusts & Foundations
Allen & Overy Foundation
Basil Samuel Charitable Trust
Cecil Pilkington Trust
Esmée Fairbairn Foundation
Fountainhall Trust
Goldman Sachs Gives UK
H L Jenkyns Charitable Trust
Primary Latin Project Charity
Proclus Trust
Sir James Knott Trust
Suffolk Community Foundation
The A. G. Leventis Foundation
The Baring Foundation
The CPF Trust
The David King Charitable Trust
The Dumetum Trust
The Foundation for Platonic Studies
The Gatsby Charitable Foundation
The Julia and Hans Rausing Charitable
The M C Freeman Charitable Trust
The Polonsky Foundation
The Rank Foundation
The Reed Charity (Big Give Champion)
The Rimmer Memorial Charitable Trust
The Rushworth Foundation
The Swire Charitable Trust
The Virgine Keuleyan Charitable Trust
Donations under £1,000 each
Total Trusts & Foundations
Unrestricted
£
-
470,664
88,164
-
558,828
-
15,000
-
-
5,000
10,000
-
15,964
3,000
-
5,000
-
-
2,500
1,000
1,000
-
15,000
-
1,000
-
-
12,500
-
-
-
-
1,200
88,164
Restricted
£
21,820
79,200
-
101,020
-
-
3,000
-
-
-
-
-
-
3,000
-
60,000
-
-
-
-
2,200
-
-
-
-
-
-
5,000
-
6,000
-
-
79,200
2024
Total
£
492,484
167,364
-
659,848
-
15,000
3,000
-
5,000
10,000
-
15,964
3,000
3,000
5,000
60,000
-
2,500
1,000
1,000
2,200
15,000
-
1,000
-
-
12,500
5,000
-
6,000
-
1,200
167,364
2023
Total
£
442,911
184,340
2,800
630,051
5,000
10,000
-
10,000
-
10,000
5,000
-
-
-
3,000
60,000
15,000
1,000
-
-
840
15,000
15,000
-
2,000
17,500
-
5,000
5,000
-
5,000
-
184,340

4 Other trading activities: Ticket sales, gala dinner auction, sponsorships and other income generated from fundraising events throughout the yea r.

5 Investment income is bank interest.

23

Classics for All

Notes to the financial statements

For the year ended 31 December 2024

6 Analysis of expenditure
a)
Salaries, social security and pension
Recruitment and employment costs
Fundraising costs
Marketing, publicity, website, CRM
Professional fees and expenses
IT, office costs and other overheads
Programme Development
Sub-total
Support costs
Governance costs
Expenditure excluding grants awarded
New grants awarded (see note 6d)
Adjustments to grants awarded prior years
Total expenditure 2024
Total expenditure 2023
£
62,334
4,878
7,346
24,753
-
-
-
99,311
26,597
21,107
147,015
-
-
147,015
178,826
Costs of
raising funds
Grant
making
Schools
Outreach
£
£
32,759
50,715
3,442
3,729
-
-
-
-
-
-
-
-
-
91,832
36,201
146,276
18,774
20,339
14,943
16,197
69,918
182,812
162,358
-
(16,417)
-
215,859
182,812
340,623
204,662
Costs of charitable activities
£
35,583
2,294
-
-
1,800
54
-
39,731
12,516
(52,247)
-
-
-
-
-
Governance
costs
£
-
-
-
-
55,160
23,066
-
Support
costs
£
181,391
14,343
7,346
24,753
56,960
23,120
91,832
2024
Total
£
236,085
3,761
38,685
15,704
51,993
21,962
121,771
2023
Total
78,226
(78,226)
-
399,745
-
-
489,961
-
-
-
-
-
399,745
162,358
(16,417)
489,961
234,944
(794)
- 545,686 724,111
- 724,111

b) Costs of generating funds comprise direct costs of raising funds and staff costs allocated in proportion to staff time.

24

For the year ended 31 December 2024

Classics for All

Notes to the financial statements

6 Analysis of expenditure (continued)

Classical Association of Manchester
JACT Summer Schools Trust - ICCG, Greek and Latin
Liverpool College
Liverpool College- Greek Academy
Student Bursaries
The Classical Association of Scotland Schools’
Network (CASN)
University of Birmingham
University of Bristol
University of Durham
University of Leicester
University of Liverpool - Greek Academy
University of Oxford
University of Swansea
University of Warwick
1 award of £1,000 to £3,000 (2023:10)
51 Awards of under £1,000 (2023:58)
132 Awards of Training (2023:156)
Total grants awarded in year
Adjustment to prior years grants
Net grants awarded
Unrestricted
£
-
-
1,000
-
-
16,500
14,290
-
5,145
23,780
-
-
-
10,667
-
15,225
12,962
Restricted
£
-
4,810
-
7,400
-
-
-
-
3,000
10,136
8,420
12,000
-
-
1,000
4,450
11,573
2024
2023
Total
Total
£
£
-
10,136
4,810
9,944
1,000
17,025
7,400
3,750
-
8,000
16,500
16,500
14,290
8,945
-
15,484
8,145
9,936
33,916
28,349
8,420
8,420
12,000
11,000
-
13,397
10,667
8,000
1,000
9,309
19,675
19,469
24,535
37,280
99,569
(6,281)
62,789
(10,136)
162,358
234,944
(16,417)
(794)
93,288 52,653 145,941
234,150

25

Classics for All

Notes to the financial statements

For the year ended 31 December 2024

7 Net income / (expenditure) for the year

This is stated after charging:
Independent examiner's remuneration (excluding VAT)
8 Staff costs and the cost of key management personnel
Salaries and wages
Social security and pension costs
Compensation payment for loss of employment
2024
2023
£
£
1,500
1,500
2024
2023
£
£
162,132
191,562
19,259
23,735
-
20,788
181,391
236,085

The average number of employees during the year based on headcount was 4.45 FTE (2023: 4.69).

No employees received employee benefits (excluding employer pension) in the salary band £60,001£70,000 during the year. (2023:1) The total employee benefits including pension contributions and employer's national insurance of the key management personnel (Chief Executive Officer and Head of Programmes) were £64,011 (2023: £128,994).

9 Trustees’ remuneration and expenses

The trustees receive no remuneration or any other benefit from their work with the charity. No expenses were paid to Trustees as reimbursement of travel expenses to meetings (2023: £0).

10 Related Parties

There were no donations from related parties which were outside the normal course of business of the Charity. Trustees donated £50,775 (2023: £94,845 ).

11 Debtors

Income tax recoverable on gift aid donations
Prepayments
Other debtors
2024
2023
£
£
24,803
23,259
22,842
2,629
7,500
12,300
55,145
38,188

12 Creditors

Trade creditors
Tax and Social Security costs
Accruals
Grants payable
2024
2023
£
£
16,950
19,722
5,274
2,921
1,800
14,367
1,104
3,647
25,128
40,657

26

Classics for All

Notes to the financial statements

For the year ended 31 December 2024

13 Grants payable
Brought forward
Net awarded in year
Paid in year
14 Analysis of net assets between funds
a) Current year
Unrestricted
funds
£
Net current assets
709,958
Net assets at 31 December 2024
-
b) Prior year
Unrestricted
funds
£
Net current assets
550,979
Net assets at 31 December 2023
550,979
13 Grants payable
Brought forward
Net awarded in year
Paid in year
14 Analysis of net assets between funds
a) Current year
Unrestricted
funds
£
Net current assets
709,958
Net assets at 31 December 2024
-
b) Prior year
Unrestricted
funds
£
Net current assets
550,979
Net assets at 31 December 2023
550,979
2024
£
3,647
145,941
(148,484)
2023
£
5,744
234,150
(236,247)
1,104 3,647
Restricted
funds
£
27,120
Total
funds
£
737,078
- - 737,078
Restricted
funds
£
45,164
Total
funds
£
596,143
550,979 45,164 596,143
15 Reconciliation of net income / (expenditure) to net cash flow from operating activities
2024
£
Net income / (expenditure) for the reporting period
140,935
(as per the statement of financial activities)
Interest, rent and dividends from investments
(8,218)
(Increase) / decrease in debtors
(16,957)
(Decrease) / increase in creditors
(15,529)
Net cash provided by / (used in) operating activities
100,231
15 Reconciliation of net income / (expenditure) to net cash flow from operating activities
2024
£
Net income / (expenditure) for the reporting period
140,935
(as per the statement of financial activities)
Interest, rent and dividends from investments
(8,218)
(Increase) / decrease in debtors
(16,957)
(Decrease) / increase in creditors
(15,529)
Net cash provided by / (used in) operating activities
100,231
2023
£
38,895
(2,178)
290
23,451
100,231 60,458

27

Classics for All

Notes to the financial statements

For the year ended 31 December 2024

16 Movement in Funds

a) Current year
Restricted funds
Allen and Overy Foundation
Cecil Pilkington Trust (NW Liverpool Network)
Gala Dinner Pledges 2021 (IPQ, Bursaries & Trips)
Greek Academy Liverpool (Individual donation)
Oxford, Berks & Bucks Network (Individual donation)
Polonsky Foundation
Sir James Knott Trust
The A. G. Leventis Foundation
The Foundation for Platonic Studies
The Rimmer Memorial Charitable Trust
The Swire Charitable Trust
Unrestricted funds
General funds
Total Unrestricted Funds
Total funds
b) Prior year
Restricted funds
Allen & Overy Foundation
Gala Dinner Pledges 2021
Gala Dinner Pledges 2023 - Fairer Access to classics
Gala Dinner Pledges 2023 - University Access
Individual donation (regional network)
Individual donation (regional programme)
Polonsky Foundation
Regional Network Appeal
Suffolk Community Foundation
The A. G. Leventis Foundation
The Foundation for Platonic Studies
The Rank Foundation
The Rimmer Memorial Charitable Trust
The Rushworth Foundation
The Virgine Keuleyan Charitable Trust
Unrestricted funds
General funds
Total Unrestricted Funds
Total funds
At start of
year
£
1,250
-
250
-
-
3,750
-
39,914
-
-
-
45,164
550,979
550,979
596,143
At start of
year
£
-
8,750
-
-
-
-
13,000
8,945
-
27,465
-
-
-
-
-
58,160
499,088
499,088
557,248
Incoming
resources
£
-
3,000
-
15,820
6,000
-
3,000
60,000
2,200
5,000
6,000
101,020
585,601
585,601
686,621
Incoming
resources
£
5,000
-
19,904
7,760
10,000
12,170
2,000
-
3,000
60,000
840
17,500
5,000
5,000
5,000
153,174
609,832
609,832
763,006
Outgoing
resources
£
1,250
3,000
250
15,820
6,000
3,750
3,000
74,794
2,200
3,000
6,000
At end of
year
£
-
-
-
-
-
-
-
25,120
-
2,000
-
119,064 27,120
426,622 709,958
426,622 709,958
545,686 737,078
Outgoing
resources
£
3,750
8,500
19,904
7,760
10,000
12,170
11,250
8,945
3,000
47,551
840
17,500
5,000
5,000
5,000
At end of
year
£
1,250
250
-
-
-
-
3,750
-
-
39,914
-
-
-
-
-
166,170 45,164
557,941 550,979
557,941 550,979
724,111 596,143

28

Classics for All

Notes to the financial statements

For the year ended 31 December 2024

16 Movement in Funds (continued)

Allen and Overy Foundation Towards work in London schools Cecil Pilkington Trust Towards work in Liverpool and the North West Gala Dinner Pledges 2021 (IPQ, Bursaries & Trips) Donated funds to be put towards school trips Greek Academy Liverpool (Individual donation) Towards the costs of the Liverpool Greek Academy Oxford, Berks & Bucks Network (Individual donation) Towards the cost of the Oxford, Berkshire and Buckinghamshire Network Polonsky Foundation Towards the cost of the Head of Programmes Sir James Knott Trust (NE Network) Towards the costs of the North East Network The A. G. Leventis Foundation Towards the costs of delivering ancient langauge support to schools and young people, with a particular focus on ancient Greek The Foundation for Platonic Studies Towards the costs of Classics summer schools The Rimmer Memorial Charitable Trust Towards work in Liverpool and the North West The Swire Charitable Trust Towards the cost of the Oxford, Berkshire and Buckinghamshire Network

29