RegSstered numbèr: 7821030
Charlty numbèr: 1144S95
THE SOCIETY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY
AND REFLECTION IN EDUCATION
(A company limited by guarantee
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025

THE SOCIEfY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EOUCATION
IA company Ilmlted by guarants81
CONTEKrs
Page
*Referen¢e and admSnlstratlve detalls of the Company. Its Trustees and advlsors
Trusteès. report
Independent examlnerfs report
Statomont of flnanclal a¢tlYStles
2-12
13-14
15
Balance sheet
16-17
Notes to the financlal statsments
18-35

THE SOCIE￿ FOR THE ADVANCEME1￿ OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
(A company Ilmltad by guarnntsel
REFERENCE AND ADIIINISTRATIVE DEfAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 AUGUST 2025
Trustses
Amanda Burgess {appointed 21* of July 20251
Jeannie Cohen (resigned 8th of July 20251
Sam Delbaere lappointwj 1 play 2025. resigned 11 June 20251
Brian Grady lapp)inted 14th of July 20251
Chris Houghton
Paul Jackson {reS￿ned 13th May 20251
Gareth John
Jack Langley, Chair
Fiona Macpherson (appointed 19th of August 20251
Danny Myefs (￿Signed 1P March 2025)
Brian Shayanewako. Treasurer
ROS￿ Wlson
Tim yO￿e (resigned 17th March 2025)
Company registered
number
7821030
Charlty rgglstgrod
number
1144595
Rgglster9d office
trjo Partnets LLP
Belmont House.
Sitka Drive
Shrewsbury Business Park
Shrewsbury
SY2 6LG
Dlrector of Operdtlons Emma &Mnn
and Developrnent
Olrector of Phllosophy Grace Lockrot4n
and Educatlon
Accountsnts
Partners
Chartered Accountsnts
Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG
Bankors
The C(￿perative Bank
Skelmersdale
Page 1

THE SOCIEfY FOR ThE ADVANCEMEiif OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
(A company Ilmlled by guarnntso)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 AUGUST 2025
Introductlon
The Trustees of Thoughtful (the trading name of SAPEREI are pleased to present IheirAnnual Report together
th the fin2naal statemen15 for the year ended 31 August 2025. These statements have been prepared in
accordan￿ wth the chankn.es Act 2011. the Companies Act 2006, the ehantys Memorandum and Articles of
Assoaation, an¢J the Ststement of Reeommended Pracb"ce for Chartties {FRS102. second editson. effective 1
January 20191.
OBJECTIVES ANDACTMTIES
Who we arn
Founded in 1992, SAPERE {the Society forthe Advancement of Philosophical Enquiry and Reffeclion in
Educats"onl is now operab.ng under the trading name Thoughtlul_ We ￿$t to help peO￿e improve their lives and
5earnlng through philosophi￿1 enquiry. We introduce educators to Philosophy for Children and Communities
(P4CI, a pedagogy that cultivates critical, creative, caring and collaborative thinking.
Followng 8 2024 ¢onsLTttation wth stskeholders, trainers, members, and frjnders, the charity adopted
Thoughtfvl as rts public-f8ting name. Though our name has evolved. our mission and vision remain
unthanged.
Our chailtable objectlves
The advancement of ed￿tiOn for the public benefiL in particular amongst those young persons UP to the age
of 16 years, by the piomotion of the development of their skills in Icgical thinking and olher philosophical
techniques so that Iheif personal and social INes are enrsched.
Our vislon
Thoughtful exists lo help people improve their leaming and Iheir lives through philosophical enquiry and our aim
is lo give them the skills to thrive in school and society.
Our vision is a fuiure where everyone has the opportunity to engage philosophical￿ in discussions and public
diseourse that mattefs to them, that motNates them lo listen and to leam from others. and makes a difference
to how they think, feel, speak, and act in Ihe ￿)Ild. We strive to ￿alise these beneffts of philosophical
education as widely and èquitsbty as possible, and we believe that this is both a personal and public g￿d.
Our mission
1. To establish and SUPF4)rt spaces for phllosophieal refiecth)n and enqulry, es￿IallY where young
people gather and leam.
2. To ¢harnpion the practice of philosophKal dialogue and the positive difference it can make lo personal
dovelopment, lifelong leaming, ciwc disccyjrse and thoughtful action.
3. To devdop courses, classes, conferences. methc*Js and ￿aterialS that advan￿ philosophical thinking
among learners and educators.
4. To facilitate research that infomis best practice and illuminates our philosophi￿1 work and rts
educational impad.
5. To direct our efforts towards the phibsophical education of disadvarrtaged leamers and the people who
support them.
Page 2

THE SOCIETY FOR THE ADVANCEIIJEltr OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATK)N
IA company Ilmttod by guarantee)
Our valu8s
Our educational approach develops critical, ueatNe. caring and collabor*ive thinking among leamers. Wo also
strive to embody the values of criticalty. L¥eativity. cOl￿bOration and care as a community of members.
Thoory of change
utpul
Children, young people and adults parti￿pate in philosophical discussions in
schools and other communitss. the support of a skilled facilitator.
Immediate
utcome
Philosophical discussion develops the abilrty to think. speak and listen and
deepens individual's understanding of Ihemselves. others, and the worfd around
onger temi
utcome
Philosophical devdopment equips people to reflect on their leaming and their
INes and conn￿1 wrth Ih*r communities so they can flourish at schoc4 and in
society.
Impact
Flourishing iThJiwduals Ihink well toJether and forthemselves and contribute lo
richer
ublic di$￿Urse, healthier democrdcies. and a more
uitsble worfd.
The focus and publlc benefft of our work
The Trustees confimi that they have ￿mplIed the Charity Commission's guidance on public benefit in
planning and delNering Thoughtful's aCtiv￿e$.
Our primary benefictaries are the children. ywng people and adU￿S vtho take part in philosophical enquiry.
Secondary benefiaaries indude teachers. school lead&rs. community prxtsboners and others trained to
facilitate P4C.
We support schools and communtty setbngs through..
Professional development courses
Coathng, modelling 8ThJ mentoring
Working directly young people atxl adults
Resources and materials
Conferences, workshops, and netwcffk events
Research shows that our programmes improve reasonirg, Communicatir￿, eonfidence, group dialogue skills,
- and wder schod culture. Trustees believe strongly in the intrinsic enjoyment and value of philosophical enquiry
as well as its broader edueational and soaal impacL
ACHIEVEMENTS AND PERFORMANCE
202&k25 was a challenging yet forw8rd-lookiThJ year forthe organisation. We began the year as SAPERE and.
following a vote at the March 2025 AGM, fomialty transib.oned to Thoughthil. This marked the beginning of our
new five-year strategy. designed lo buikl a sustainable, collaborative and innovative organisation.
Our strategy is underpinned by three interconnectgj prionties..
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THE SOCIEfY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
IA company Ilmlted by guarantse)
Achlevements and perfommno {continued)
1. Strengthen
We continL￿1 improving the quality and consistw of our training offer. Key achievements include..
Launch of our new Level TTWO courne. wth excellent feedbad( across all dlmensions.
Development of our FellO￿hIp Programme.
Running a series of intemal professional development sessions exploring r*, raci$m. and equity in
P4C and the Trmder educatiort system.
Major prtyJress in redeveloping our wofessional leaming pathway.
2. Collaborats
This year saw signfficant collaborative suctssses..
Launth of the #PhilosophyM•tter¥ campaign with the British Philosophical Asswation. Royal Institulo
of Philosophy, Association of Philosophy Teachers and The Phil¢)sopty Foundation.
A Partiamentsry event hosted by Baroness Natalie Bennett, leading to the formation of a group of MPS
and Peers exploring an Al-P8ty Parfiamentary Group (APPGI for Phik)sophy.
Continued partnerships wth Tooled Up Educalion. Voice 21. Dialogue Works, Th8 Philosophy Man,
Fair Education AliarKe. and others.
New partnerships ￿th the Association of Colleges and other Further Education colleges and the Uehiro
InstTiule at Oxford.
Ongoing project work with Blue Cabin. indudiTrJ the Creative prison project supported by Esmée
Fairbairn Foundation.
Gr¢)wth of our University Partnership Charter to 13 instibJtion$.
3. Innovate
Innovation has driven programme development and organisth"¢)nal change..
Conlribubon lo the BBC'S Fantastic Philost¥¥hy series narrated by Patron Sir Stephen Fry.
Expansion of training pathways, induding engagement wilh parent8.
Development of a newAcademic Trainer Programme for teather educators and University lecttjrers.
Increased in*errbational reach th delegates attending from more than 20 countries.
Delwery of 101 training sessions awss all levds of our professional teaming pathway.
We trained ovor 1.000 educators, reaching an estimated 32,000 young poople through those trained this year
alon&.
Our training is only the start of our support.. through a sustsined programme of professional development
sthools gain Awards with Thoughtful that celebrate their progress and commitment lo phikjsophical enquiry.
There are 74 schools who have conlinualty practiced P4C in their school and hokt an Award - and there are
appr0￿Mat￿Y 26.000 pupils at schwls at these Schods.
Since 1992 we estimate that we have helped 1.63 mllllon young people develop skills in thinkirJg*
Ilstenlng and speaklng through phllosophlcal enqulry.
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THE SOCIETY FOR THE ADVANCEME1￿ OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
IA company Ilmited by guarantee)
IMPACT
Evldence Base
Our work has been put through rigorous independent research. In addrb.on to this we collect case studies and
testimonials from teachers and pupils that feeds into our theory of thange, and shows that our work impacts on
the problems we have identified. We also have lon*temi assessment and monitoring in schools in place as
part of our Awards for schools. We have qualitative and quanlitslive feedback on our trainiw and impact on
pupils. teachers and sthools. induding parentsl messages and Otsted re￿rts.
Research ￿nSisten￿Y shows that phil¢Jsophical enquiry Strengthens..
Higher-or(ler thinking skills
Emotional well-being
Classroc*n behwour and cutiure
Confidence and agency
ResFeCt for others and Civic engagement
Research also confirms that the impact is highest for those ￿ are disadvantaged.
Reachlng Dlsadvantsged Learngr5
Supporting disadvantaged thildren is central to our chaiitable purpose. Our dats shows..
55% of partner schods have aboveaaverage Pupil Premium rates I￿a￿onal average.. 25.9%).
Average Pupil Premium Rtes 81 sdxols thal eThJagè in our trainiThJ'. 29% In prfmary. 46% In
sKondary.
30.8% of schools we worked ￿lh are located in the t#)ttom 20% of areas on the Index of Muf(iple
Deprivation IIMDI.
34% of schools are in the most irKome-deprr¥ed areas for children.
Our pr￿jraMmeS th￿efOre reach substantially mor& disadvantaged communrties than national averages would
predict.
Award Schools
At the end of the year.
74 schools he￿￿ Thoughtful Awards.
Award Schools have an average PupNI Premium rate of 34%. hvjher than our overall sthool average
and much higher than natronal averages.
Long-term award-holding sthools demonstrate sustsined. embedded practiee in settings wth high levels of
need.
Page 5

THE SOCIETY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
(A company Ilmlted by guarantsel
REVIEW OF ACTIVITIES
Staffing and trainers
We operated with up to seven staff during the year. ￿U￿aIeftt to 4.82 FfE. We continue with our 0>
Directorship model, wthi¢h &￿vide$ balanced leadership acrots operations and programme development.
Stsff changes included the appointment of a new FurKlraising Manager and the departure of tsvo members of
staff due to strategic and financial restructuring.
We ended the year with 28 rgglstgred tralners and ongoing work to strengthen trainer pathways.
The trustees V￿uld like to thank all our stsff and trainers, past and present, for their commitment and hard wo11(
vthich makes such a drflerence to the communrf]"es we seNe.
Our key activitiOS
Through our knovAedge, experien￿. expertise. k￿pIe and partners we wide the followng activities..
1. Training.. we provide professional devel¢)pment for peO￿e through our pathway of qualty-
assured courses, including training peO￿e to train and support others lo do philosophical
enquiry.
2. Experiences: expert th1itat￿ lead regular philosoth sessions. or ¢)ntroff wort(shops in
different settings.
3. Awards.. we recognise excellence in indiwduals arwj educational institutions through our
Awards and Fellowships.
4. Programmes.. we help educational institutions lo develop a cuttu￿ of philosophical
conversation through our packages of sustsined SUPkK•rt for schools.
5. Partnerships.. we wure the futtsre of phitosophical education through our partnerships wlh
universthes and other allied organisations.
6. Resources.. we develop and provide resources that respond to needs and interests of
students and teachers.
7. Researeh.. we facililale research that infonns best practice. innovates, and illumlnales our
philosophical work and ils educational impacl.
8. Projects. we develop and lest new ideas and meet 5igntficant needs through our fvnded
projects.
9. Communications.. we raise awareness of philosoph￿1 edueation by publishing articles in
magazines and joumals, s￿kIng at nab.onal and inlemational events, and campaigning._
10. Ne￿rkS.. we build and SUPF*)rt our communty of practitionets by hosting events and netsvork
groups.
11. Fundraising.. we raise funds thrryjgh individual giwng, membership. project rinduding
Researth and Development) and core fundirvJ.
Plans for ftrturg perlods
Oijr aim is lo gwe everyone the opportunty to develop. through philosophy, ￿r ability lo think well for
themselves and with others, improving their leaming, their lives in school arKI $￿Iety, helping to create a more
equital￿e wortd.
The education sector continues to face Mai￿ challenges- fvrKling pressures, rising costs, demographic change
and a staffing crisis- 811 of which impact Thoughttul's ability to grow. Despf(e these difficulties. we achieved a
modest increase in sch¢)ol sale51202&24: £164,163, budget for 202¢25.' £154,544, 2024-25 actuals.. £173,497
- £20k MO￿ than our budget and 10k more than the prwous yearl and continued to strengthen our profilè and
Partnerships.
Page 6

THE SOCIETY FOR ThE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
(A company Ilmltod by guarantsg)
Plans for future periods Icontlnuedl
At the ¥tsrt of the year. we were oFwating under signlficarrt finanaal strain. hawng inhorited expensive legacy
systems costing £22k per annum and a small part-b.me team. Hcmever. thanks to a £60,000 klan received from
Charities ￿"d Foundation, in September 2025, we were able to slabilise operations arld implement our new
fEve-year strateglc plan and rebrand. This investment allowed us to continue delivering core programmes
while developing a proac*ve, Sustainable sales and fvndraisiThJ strategy.
Key slratsgic actions undertaken..
Streamlined intemal systems and began phasing out costly exlemal contracts.
Restructured stsff roles to embed income generation across the team.
Launched a rebrarKI and began rebuildiw the website to reduce long-lerm costs and open services
beyond ￿hOolS.
Strengthened partnerships V*ith organisations induding The Philosophy Foundation, Voice 21, and the
British Philosophical Associabon.
Expanded reach through collaborat]ons wilh ts National Education Union, Fair Educatlon Alliance, and
Higher Education paibiers.
Oeveloped a nv•V modular cou￿e stnjcture and diversrfied income through direct delivery and public
events.
Advanced fundraising capaoty wilh a dedic*ted part-time Fundrai&ng Manager and new pipeline of
trusts and foundalions.
The CAF loan was instrumental in bridging the gap during a crrbcal transttion period, allowng us lo retain staff
pacity, continue prcgramme delNery, and lay the foundations for sustainable gro%th through 2026 and
beyorKI.
FINANCIAL REVIEW
Surplus. Incom• and expondlture
The finances of the charity dedined in income ty £63,983 (not induding donations and legacies) this year.
In the year to 31 August 2025. the charity is reporttrvJ a deficit of £108.300 wrth totsl fvnds carried foN4ard at 31
August 2024 of £1,946. Total income decreased over the prewovs year from £430,529 to £265.550. Direct
costs were also Teduced from £140,622 to £103,238 and ovefheads deueased from £302,902 10 £270,612.
Totsl expendrture was therefore de(Yeased from £443,524 to £373,850.
Sales for 2024-25 were £20k higher than predicled, bLrt due to not bringing a fijndraising manager in until
January 2025 our fvndraising targets were down. but they improved since that point
The prlnclpal sources of fundlng
The chanty has the followng sources of funding:
training delNered to sclKds and iTrJividuals ¢)n a setf-fvnded basis"
training delivered to schools wrthin a proied fvnded at least in part by a third party {schools generally
lund al least part of the cost) wrth the third-paty fvnding restricted lo the purwses defined by the
particular grant agreement..
unrestritxed donations.,
core funding from Trusts and Foundation8'.
wothng directly within community or school settings. paid for thrtxbgh funding or schools l individuals.,
membership of P4C.eom our resource library.
The Peter Cundill Foundation continue lo supwl Thoughtful granting us £50,000 unrestricted fvnding. We are
extremely grateful for thi$ unrestricted fijnding.
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THE SOCIETY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
IA company limited by gu•rantee
The principal sou￿0$ of fundlng {continued)
Income from donations 1$ £4.177 vthich includes donations receNed as part of conference ticket sales to date,
gift aid contn"butsons, and donations to our new Wonder Wander campaign set up in July 2024.
Income from membgrshlp to our txganisakn. and subscribers to P4C.com rose to just over £13,000 this year.
Subscrlptlons lo P4C.com have more than dcmj￿ed this year, with total subscribers being 358 compared lo
121 in the first year of us looknng after this site.
This last year we also received £6,999 from project work wth 81ue Cabln reaching ￿re leavers in and they are
aiming lo make this £10,000 for the r￿xt years.
Invgstment pollcy
As of 31 August 2025, the charity had £67,614 in cash, vthich rewesents both the charty's funds and income
received in advance. Funds are held in a current and an immediate access savings a￿ount. Wth the focus on
minimising risk and making sure this cash is available. investment retums are rdatNely low, and no target is sel
for investsnenl retum.
RoseNes poll¢y
The trustees, policy since the 201&16 fir￿mal year has ljeen th8t unrestricted fvnds not wmmittgj or invested
in tangible fixed assets held by the charity should be suffiaent at all times lo discharge fulty the chariV8
liabilits'es and allow an ordedy ￿nd dovm.
We currendy do not have these reseNes in Fdace. arKI our plan is to build back reserves over the next three
years.
The current totsl fvnds sh)wn in the balance sheet amount to £1,946. Tangible and Intangible assets amount to
£5,795, giving us reserves as of 31 August 2025.. -£3.849 (2024.. £104,404).
The ￿erVeS will need to be grown to 3 mcrfrths of running costs, which ()JrrenUy stands at £68,048 and will
decrease the year afterto £60,375 as we rejjuo overhead$.
We can meet our immediate operational creditor5 and have unreserved deferred income of £64,130 and no
restrided deferred income, which has been factored into assessing the tharity as a going concem.
Flnanclal rfsks and uncertalntlès
The most significant ongoirKJ risk for the fth¢oming year is the finanaal pressure on $¢hool$' budgets and
teachers having little Ilme lo undertake training due to ￿rklOad demands. Scttools continue to face a financial
squeeze and monies for staff members. continuing profession81 development ICPDI are often cvl to pay for
other essential spend. Schools are our main source of income. We continue to invest in customer services,
advocacy and research to ensure that we are making the case for highqLbalty sustainable P4C.
The trustees confirm that, in ￿eW of the forecast futu￿ perf￿ance arkd fijther actions available to the
tmslees, the chanty is a going corKern for at least twelve months from the dale of approval of the accounts.
Page 8

THE SOCIEff FOR THE ADVANCEMENT OF PHILOSOPHICAL EMQUIRY AND REFLECTION IN
EDUCATION
IA company Ilmligd by guarantse)
STRUCTURE. GOVERNANCE ANDMANAGEMEPtr
The constliutlon and tho board of trustoes
The charity 1$ incorporated as a o)mpany limited by guarantee. The goveming documents are the
Memorandum and Art￿e3 of Asscoation.
Our AGM was hdd on Monday 17kn March where the ne4V trading name vrds introduced.
The charity has a board of up to ten trusteesldirectors who meel a minimum of four timès per year and are
responsible for the strategic direction, policy and oversight ofthe charity. The trustees have a variety of
professional backgrounds relevant to the work of the charity.
The Sub Committee groups were rfrorganised into ￿ groups. from September 2025, to aid in the governance
of the charity
'R8sources and Govem8nce'. comprised of Finance. Risk 8rn1 Govemance, and Personnet.
'Advc¢acy and OLrtrea¢h'. comprised ofthe fvrKlraiwng training committses.
These sutrfommittees meet three vReks before t¥)ard meetings and minutes are arculated 8 week beftKe the
quarterly meetings.
Teryns for these Sub Committees have teen agrea.
Trustees must retire and Stand for ￿leCti￿ every three years. The Arbdes of Association provide for at least
severb trustees to be ele￿ed at the AGM, and a fvrther three trustees lo be appointed, if appropri8te, by the
trustees. Trustees elected at the AGM must be recommended for el￿tiOn by the trustees or nominated by tsvo
member8.
In 2025 we had new trustees wme on Board and reswJnations that We￿ not expeded. Going foward we have
staggered trustees joining arKI resigning dates from the Board so that il is able to support and guNJe th8 charity
well into the future.
We have PLrt in place a Trustee Leaving Queslionnaire to help monitor and guKJe Trustegs on supporting their
fellow Board MeM￿rs. We have also adopted the use of Advisors to the Board, this will be a place for fom)er
Board Member5 to be able lo offor their services on an a&hoc basis when their skills are needed. bwthoLrt the
fomial commitment of being a Board Member. It wll also be a place where future Board Members can sil to find
out more about the Chanty and the way rt is run.
Govornan¢e alms
The trustees have had a number of key govemance aims during this period..
To review and manage the financial impacts ￿ the charity during th8 challenging opefating
arcurnstances over the year.
To continually review and plan for the future, tsknng into account potential risks and uncertainty with a
particular focus on ensuring the charity remains a going con￿rn.
To ensure that the chartty ft)Ilows all elements of applicable laws and charity regulation.
To continue to oversee the updating of THOUGHFTUL'S administration. management inforniation.
website, and accounb.ng systems and practices.
To assist the fl¢)w of infomiation and pursuit of the board's strategy including by attendance of trustees
at events such as conferences. events, consultation meeb.ngs and c¢Jnmittee meetings, as well as new
offers, such our new pathway of courses.
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THE SOCIETY FOR THE ADVANCEMEKf OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
IA company Ilmlted by guarantag)
Govemance alms Icontlnugd)
To increase inclusion and diverwty throughout the organisation.
To monitor the compo$itson and wactices of the board of trustees and ensure that they are in Ilne Trmth
current legislation and besl practice.
To monitor and assess the risk register on an annual basis.
To continue to improve the organis8lh)n's safeguarding wacfices.
We believè Ihal the cutrenl board has a g(%Jd b8L9nce and range of skills and experience and that thls supports
the charity effectively
Trustee Inductlon and training
This year we appointed three new trustees wth the skills to be able to conlinue to support the charity. and had
two resign8ts.ons and one retirement. We also had one trustee come on b￿rd and resign within a month due to
family issues.
Tim Yorke and Paul Jackson both resigned due to th C(￿m￿ents outside ofthe charrty. After serwng 14
years on the Board Jeannie Cohen retired.
I new trustees are ￿qUired to meet the o>Direclors. the Chair ar￿ e￿$ting trustees to understsnd the
ethos of the charty and their responsibilrti'es, lo leam about the aims and objectsves of the charity and lo have
an opportuntty to ask questions. All new trustees are also invited to meet the SL￿ and to attend courses and
conferences run by the charity.
The Chair and Directors of the charity ensure that all new trustees are frjmished key govemance
documents. induding the Articles of A55ociation. annual report, financial Oiues, and other relevant
documents. These are supplemented wrth booklets from the Charity Commission that oudine general trustee
responsibilities.
In addition, rf any trustee has ary speafic re5ponsikn'lffjes, they are suprrtxted by the Chair, e￿sting trustees
and staff lo ensure they have 8uffiu.ent kncAvtedge. $knll$ and informab.on to fiJffil those responsibilfaes.
The trustees who seNed during the year were as follvK.'
Amanda Burgess (appointed 219t of Juty 20251
Jeannie Cohen (resigned of July 20251
Sam Delbaère {appointed 1 May 2025. resigned 11 June 2025)
Brian Grady (appointed 14th of July 20251
Chris Houghton
Paul Jackson (resigned 13th May 20251
Gareth John
Jack Langley, Chair
Fiona Macphetson (appointed 19th ofAugust 2025)
Danny Myers (resigned 17th Marth 20251
Brian Shayanewako. Treasurer
ROSE Wlson
Tim Yorke (resigned 17th March 20251
We would like to thank trustees who have left the board this year for thetr years of service and support lo
Thoughthjl. Particular thanks must go to Jeannie Cohen who served the charity for 14 years.
Page 10

THE SOCIEfi FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
(A company Ilmltad by guarants•l
Rlsk management
The trustees and Operations Director have prepared a risk register of the major risks to all areas of the charity
and this is reviewed and updated each year. mitigab.ons to these risks are identffied and implemented,. these
mitigations include updated procedure$, systems, processes and controls. Management updates indude key
risks which are thscussed at board meetings. Di￿U3810ns ab￿rt risks look place al every trustee meeting.
The trustees and the officers of the tharity have ￿ntinUed lo ensure that financial controls arfj in place. We
review￿ these areas as part of the preparat￿n fcK arbd prlxess of the indeperKlenl examination.
The m05t significant ongoing risk for the forthcoming year is the lack of fijnding in schools. The devèlopment of
our online offer. new sales and courses, diversffication of our income streams, our fundraising efforts and our
carefvl financial management are all part of our financial risk managemenL
The Gharity relies on projects and grants or donattons to help cover overheads, and the expected frjiure ineA)me
from these Sour￿ is considered carefijlty when reviewng overhead levels and commitsnents. This income is
considered sufficient for the next financAal year and 8 G¢ing Concern plan has been prepared to support the
charity through al least the next 12 months.
The charity has a safeguarding policy that is reviewed and circulated annually to all trainers and staff. The
Director of Operations and Development is responsible for the maintenance of this poliw, and one trustee
(Jack Langley) is the lead safeguarding trustee. AJI trainers and staff who have direct contact with children are
required to have uptrpdate Enhonced Disclosure and Baffing Service (DBSI checks.
Al new Board members have an upti￿ate DBS ched(.
Management and staff
A scheme of delegation is in place and daY-l￿daY resp)nsibilty for th8 provis￿ of the services rests with the
senior management, supported by the staff of the charity. Our tsvo Cr￿DIrectOrS are tasked with delNering our
services and ensuring that our key performance indKators are meL and for providing comprehensive reports for
each board meeb"ng.
Key management ￿rsonnel rgmungratlon
The trustees consider the board of trustees, the Director of Philosophy and Education and the Director of
Operations and Development 88 comprising the key management personnel of the chanty in charge of direct¢ng
and controlling the tharity and running and operatiry the tharrty on a day-t￿tsy basis.
Al trustees give of their time freely and no trustee remuneration was paid in the year for acb.ng as a trust88.
One trustee is an active trainer and has been remunerated for their work as a trainer in accordance Wlth
. Thoughtfvl's terms and condikn.ons applicable lo all trainers. The Artieles of SAPERE perniit tsuslees to enter
into a contract for the provision of services under certain arujmstances prowded for in the Arbcles. The
trustees have considered the issue of having trainers as trustees and were sab"sfied that il would be in the best
interests of the charity for the service$ to be provided by those trainers who are also trustees, because il is of
great benefit to the charity to have trustees who are direclty involved in the delivery of training and who can
bring that experb.se to the board. The trustees are sab"sfied that the arrangements comply with sections 18
188 of the Chariknes Act 2011.
Details of trusteé expenses and related party transadions are disclosed in notes 10 and 21 to the accounts.
Trustees are required to disdose all relevant interests and registerthem ￿￿th the officers of the charity and, in
accordance with SAPERE'S constituti.crt and polw. musL an(J do, ￿thdraW from decisions where 8 conflict of
interest arises.
Page11

THE SOCIEff FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
(A Company Ilmlted ty guarantee)
Key managernent personnel remuneratlon {conllnu•d)
The pay of the ch8ritls Directors is reviv￿￿ annually. Their remLtneration has been benchmarked wlh that
paid by ehariknes of a similar size and activity to ensure that it is fair and not oul of line wth that generally paid
for similar roles.
TRUSTEES. RESPONSIBIUTIES IN RELATION TO THE FINANCIAL STATEMENTS
The Charity trustees are responsible for preparing a trustee$. annual report and finanaal statements in
accordance with applicable law. the thariws memorandum and Artides of Asswation, and Accounting and
Reporting by Charib'es.. Slalemenl of Recornmer￿ed Practice applicable to charibes preparing their accounts In
accordance with the Financial Reporting Standard applvble in th8 UK and Republic of Ireland {FRS 102)
Isecond edition. effective 1 January 2019}.
The law applicatje to charitable companies in England and Wales requires the charity trustees Idirectorsl to
prepare financial statements for each year which give a true and fair Mew of the slate of affairs of the charity
and of the incoming resources and application of resources of the charity for that peri¢>J. In preparing the
financial slalemenls, the trustees (directors) are required to:
select suitable accounkn.ng policies and then appty them..
consistently observe the methods and prinaples in the aP￿1¢able Charities SORP;
make judgements and esb"mates that are reasonable and prudent.,
stste whether ap￿leable accounting standards havé been followed. S￿￿'eCt to any material departures
disclosed and explained in the finanaal statemerrts-
prepare the financial statements on Ihe goiry concem basis unless rt is in8ppropri8le to p￿SuMe that
the charity will continue in business.
The Irust*s are responsible for keeping propor accounting records that disclose with reasonable 8ccuracy al
any time the financial posib.on of the charity and to enable them lo ensu￿ that the financial stslemenls compty
with the Charities Act 2011, the Companies Ad 20￿, the applicable Charibes (Accounts and Reportsl
Regulations, and the provisions of the Artides of the charity. They are also responsible for safeguarding the
assets of the charrty and taknng reasonab￿ steps for the prevention and detection of fraud and other
irregularities. The trustees are responsible lor the maintenance and integrtty of the charity and financial
Info￿atiOn included on the charity$ web$f(e. Legislati¢)n in the United Kingdom governing the preparatton and
dissemination of financAal ststsments may differ from legisLgtson in other Jurisd￿tIOns.
In preparing this report, the trustees have laken advantage of the small companies exempb'ons provided by
section 41 SA of the Companies Act 20C6.
Approved by order of the members of the board of Trustees and signed on their behalf by..
Jack Langley
Date: 0510312026
Page 12

THE SOCIEfY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
(A comp•ny Ilmlt•d by guarant•èl
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 AUGUST 2025
Indopendent Examlnerf$ Rgport to the Trustees of The Soclety forthe Advancomont of
Philosophical Enqulry and Reflection In EducatSon {Ihè Company?
I report to the Charitable Company Trustees on my examination ofthe ac￿￿nts of the Charitable Company for
the year ended 31 August 2025.
Rosponslbllides and Basb of Roport
As the Trustees of the Charitsble Company (and ris directors for Ihe purposes of company law) you are
responsible for the Fwration ofthe accounts in ￿rdarte wilh the requirements of the Companies Act 2006
Ilhe 2006 ACV).
Having sab"sfied myseK that the accounts of the Charitable Company are not required lo be audited under Part
16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of the
Charitable Company's accounts carried out under section 145 of the chafiti.es Act 2011 llhe 2011 Act'l. In
Carrying oui my examination I have followed the Direcb"ons given by the Charity Commisslon under section
14515llbl of the 2011 ACL
Page13

THE SOCIETY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
IA comp•ny Ilmlted by guaAnteel
INDEPENDEPIT EXAMINER'S REPORT
FOR THE YEAR ENOED 31 AUGUST 2025
Independent Examlnorfs Statemont
Slnce the Charitst4e Company's gross income exceeded £250,t#)O your examirw must be a member of a body
listed in section 145 of the 2011 Act. I confimi that l am qualified to uThJertake the examination because l am
member of the ICAEW. ￿lch is ¢)ne of the listed bcmjies.
I have completed my examination. I confimi that rK) matter5, other Ihan those dthled bdow, have come lo my
attention in connection with the examination giving me cause to believe..
acc￿nting records were not kepl in respect of the Ch&itable Company as required by section 386 of the
2006 Act,. or
the accounts do not 8¢xortl with those records., or
the accounts do not compty wrlh iho accounting requirements of section 396 of the 2006 Act othw than
any requirement that the accounts give a Irue arnl tail yiew which is not a matter considered as part of an
independenl examination., or
the accounts have not been prepared in accordance wth meth¢Xts and prinaples of the Ststement of
Re￿rnMended Practice for accounting and Teporbng by charttses lapplicable to tharth8s preparing Ihelr
accounts in &cordanee with the Financial Rewrbng Standard applicable in the UK and Republic of Ireland
(FRS 102)].
I have no ¢c￿emS and have come across no other matters in LX)nnection wth the examination lo %thich attenJon
should èe drawn in this report in order to enable a proper understandiro of the accounts to be reached.
Disclosure Section
In reviewing the appropriateness of the gtyng concem assumptbon in preparing the accounts we draw your
attention to the matter5 described in Note 2.2. The Trustees have reasonable expoctations that the Charitable
Company has adequ8te resources to ￿n￿nue in operation for the foreseeable fiJlure but note that reserves are
below Ihetsrget level and that the going concem sta￿S is dep￿dent upon the charity's ability lo generate income
going fo￿ard.
This report is made golety to the Chanlable Companls Trustees, as a body, in accordance with Part 4 of the
Charities (Aecounls and Reports) Regulations 2008. My vnrk has been undertaken so that I might stale lo the
Chafitable Company's Trustees those matters l am required to stsle lo them in an Independent examinerfs report
and for no other purpo￿. To the fvllest extent permitted by law, I do not accepl or assume responsibility to
anyone other than the Company and the Charitable Company$ Trustees as a body, for my work or for this report.
Signed..
. ¥Mthxoi6
S J Twoedie BSC FCA DC￿4
VWI Partners
Belmont House
Shrewsbury Business Park
Page 14

THE SOCIETY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
IA comparky Ilmlted by guarants8)
INDEPENDENT EXAMINER'S REPORT
FOR TrIE YEAR ENDED 31 AUGUST 2025
Shrewsbury
SY2 6LG
Page 14

THE SOCIEfY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
(A company Ilmlted by guarnntg91
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 AUGUST 2025
Total
funds
2025
Total
funds
2024
funds
2026
funds
202S
Income from:
D(Matlons and lega￿e$
4.177
4,177
105, IT3
Charitable activitses
960
254.224
259.184
323,249
Invostments
2.189
2.189
2, 107
Total income
Expenditure on:
Charftable acuvities
369.246
373,850
443,524
Total expendlture
373
524
Net Incomellexpendlturel
1108.6561
(108,3001
(12,995)
Transfers be￿n fvnds
16
{3561
356
Net movem9nt In fvnds
Ro￿nciliatiOn of funds:
Totsl fvnd$ brought forwar
110.246
110.246
123.241
Net movement in funds
1108.3001
1108.300)
(12.995)
. Totsl funds canlgd forward -
The Statement of Financial ￿tivitIeS indudes all gains and losses recognised in the year.
The notes on pages 27 to 42 form part ofth8se financiJ statements.
Page15

THE SOCIETY FOR THE ADVANCEMEKT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
IA Gompany Ilmlted by guardntse)
REGISTERED NUM8ER- 7821030
BALANCE SHEET
AS AT 31 AUGUST 2025
2025
2024
Flxed assets
Intangible assets
11
3.150
Tangible assets
12
2.360
2,692
2.795
5,842
Current assets
Debtors
13
21.629
126.203
Cash at bank and in haThJ
67.614
120, 112
89,143
246,315
creditC￿.. amounts falling due writhin c(¢e
year
14
189,992)
(108,516)
Net current assets
1849)
t37, 779
Total assets less current Ilabllltles
143,641
Creditors.. amounts falling due after more
than one year
15
(33,395)
Totsl net assots
Page 16

THE SOCIEfY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
IA company limlted by guarantee)
REGISTERED NUMBER: 7821030
BALANCE SHEEr IcoirnNUED)
AS AT 31 AUGUST 2025
2025
2024
Nots
Charlty funds
Restrlcted fijnds
16
Unrestricted fiJnd8
18
110,246
Total funds
The Company was entiued to 8xemption from audit under secaion 477 of the Companies Act 2006.
The members have not required Ihe company to obtsin an audrt for the year in question in accordance wlh
section 476 of Companies Acl 2006.
The Trustees ackn￿edge their responsibilities for r￿mpl￿ng ￿th the requirements of the Act wth respect lo
counting records and preparation of ffinanci￿ ststements.
The financial statements have been prepared in ￿¥da￿e tmih the K¥ovisions apF4icable to entstses subjttt to
the small companies regime.
The finarKial statements were approved atvj authortsed for issue by the Trustees and signed on their behalf by..
Jack Langlgy
Ichair of Trustees)
Oate: 05m312026
The notes on pages 26 to 43 fomi part of these finanaal stalernents.
Page 17

THE SOCIETY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
{A company Ilmlt•d ty guarantsg)
NOTES TO THE FINANCiAL STATEMEIUS
FOR THE YEAR ENDED 31 AUGUST 2025
Gengral Infomwtlon
The Charitable Company is a private company limited by guarantee, registered in England and Wales and
a registered charity in England and Wales. the address of the registered office is WR Partners, Belmont
House, Shrewsbury Business Park. Shrewsbury. England. SY2 6LG.
Accountlng pollcles
2.1 Basis of preparation offinancial statements
The financTral statements have been prepared in accordance swih the Charities SORP IFRS 1021-
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities
preparing their accounts in accordance wrth the Financral RepO￿"ng Stsndard applicable in the UK
and Republic of Ireland {FRS 1021 leffectrve 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
Thè Society for the Advan￿ment of Philo50ph￿al Enquiry ant1 Refiection in Education meets the
definition of a public benefit enty under FRS 102. Assets ar￿ liabilities are ini(ially ￿CogniSed at
historical cost or transaction value unless otherwise 5L*&J in the ￿leVant accounting kX)Iicy.
2.2 Golng contem
After maknng apwopllate enquiries, the Trustee5 have a reasonable expectation that the Charitable
Company has adequate resources to continue in operab.onal e￿$tencefOrthe foreseeable ftrture. The
Charitable Cornpany therefore continues 10 8dopl the going concem basis of accounting in preparing
the annual finanryal statements.
In ￿achIng this ￿nd￿sIOn, the TTu$lees have considered the challty's finanaal FL)sthon, forecasts
and action$ available lo them. At the year end, reserves were bel¢)W the tsrgel level and, subsequent
to the year end, the charity accessed Charity Foundation's social investment programme to
support cash flow management and aid realisation of new development Opp￿￿nItie8.
The Trustees recognise that fiJlure incomo is dependent on the chantys ability to deliver training to
schcols and other settings, and that the 0￿rating environment remains challenging. However, the
charity has exists.ng projects and schools committed through established programrnes which are
expected lo generate activrty in the coming months, and the Trustees are encouraged by emerging
opportunities for future income.
The Tnistees eonb.nue to monrtor the charity's financial posibon closely and have tsken appropriate
extemal advice from the Charty Commission and the char¢ty's accountants. Having reviewed all
available information and potential options. Tfuslee8 are satisfied that the going concem
assumption remains appropriate.
2.3 Income
l income is recognised once the charits1￿8 Company has enliuement to tre income, Ét is wobable
that the income wll be received and the amount of ir￿orne receivable can te measured reliabty.
Grants are included in the Ststement of financial aCtiV￿eS on a receivable basis. The balance of
income receNed for spetsfic purposes but rth)t expended during the period is shown in the relevant
Pag& 18

THE SOCIEff FOR THE ADVANCEMErir OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
IA company Ilmlted by guarante8
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 202S
fijnds on the Balance sheet. ￿ere income is rewved in advance of enliuement of receipt, its
recognition is defe￿ed and included in Creditors as deferred income. W)ere entilement 0￿UrS kfore
income is rtteived. the income is accrued.
Income ta¥ recoverable in relth.on to investment income is recognised al the time the investment
income is receNable.
Page 18

THE SOCIEfY FOR THE ADVANCEMENT OF PHILOSOPHICAL EP4QUIRY AND REFLECTION IN
EDUCATION
IA Gompany Ilmltfjd by guarnntg8
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Accounting policies Icontinuedl
2.4 Expendlture
Expendrture is recognised once there is a legal or construebve obligation to transfer ￿OnoMiC bgnofil
to a third party, rt is probab￿ that a transfer of economic beneffts wll be required in settlement and
the 8mounl of the obligation can be measur￿1 reliabty. Expenditu￿ is classffied by activity. The costs
of each activity are made up of the total of direct costs and shared costs. induding support costs
involved in undertaking each acbvity. Direct costs attributable to a single athily aro allo¢*ed diredty
to th81 acb"vrty. Shared costs which contribute lo more than one activrty and support costs which are
not attn"butable to a single ath.vty are apporkn.oned bètsveen those activtbes on a basis mnsistent wth
the use of resources. Centrdl staff costs are alIc￿ted on the basis of time spent, and depreciation
charges allocated on the porb.on of the asseys use.
Expenditure on Charitab￿ aclivilies is irKurred on directy undertaking the activities which further the
Char5table Compan￿$ objectrves. as well as any associated suppcwt costs.
All expenditure is inc5usNe of irre(>)ver8ble VAT.
2.5 Intsrest receivablè
Inte￿st on funds held on deposit is included v#hen receivable and the amount can be measured
reliabty by the Charitable Company", this is Mmially upon notification of the interest paid or payable
by the Instituti￿ the furnjs are deFosited.
2.6 Intangibte assets and amortisatlon
Intangible assets costing £500 or more are eaprtalised and recognised when future economic tenefrts
arg probable. and the c05t or value of the asset can be measured reliably.
Intangible assets are inrtialty recognised at Cost. After reeognth"on, under the cost model, intangible
assets are measured at wst less any accumulated amortt"sab"on and any accumulated impairment
losses.
Amorbsation is prowded on intsThJible assets at rates calculated to write off the cost of each asset on
a slraighl-line basis over ils expethd useful Irfe.
AM0￿SatIon is provided on the followng basis..
Website & Database
25%
17 Tangible fixed assets and depreclatlon
Tangible fixed assets costing £500 or more are capTlalised and recognised when future ecor￿MiC
benefjts are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are ill￿al￿ rwnised at eost. After recognrtion, under the cost model, tsngible
fixed assets are measured at cost less accumulated depreaation and any accumulated impairment
losses. All costs incurred lo bring a tangible fixed asset into its intended working Condition should be
Induded in the measurement of cost.
Page 19

THE SOCIETY FOR ThE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATr)N
(A company Ilmlted by guarantsel
NOTES TO TrIE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2026
Accountlng polkles {¢ontlnued}
2.7 Tanglble flxed assets and depreciation Iconllnuod)
Depreaatson is charged so as to allocate the eost of tsngible fixed assets less their residual valuo
over their eslimaled useful INes, using the straight-line methtsj.
Depreu8tion is provided on the following basi5'.
Equipment
-25%
2.8 Debtors
Trade and other debtors are recognised 81 the Settl￿)ent amount after any trade discount offered.
Prepayments are valued at the amount prepald nel ofary t￿￿e discounts due.
2.9 Cash at bank and In hand
Cash at bank and in hand indudes cash and short-temi highly liquid investments a short malurty
of three months or less from the date of acquisitson or opening of the de￿￿11 or Similar account.
2.10 Llabllltlos and provblons
Liabilrties are recognised when there is an obligation al the Balance theet date as a result of a past
event, il is probable that a transfer of economic benefft will be required in settlement, and the amount
of the setuemenl can be estimated reliably.
Liabilities are recognised at the amount that the Charitsble Company anticipates It will pay to setue
the debt or the amount rt has receNed as thanced payments for the goods or serV￿e$ rt musl
provide.
Provisions are measurod at the best estimate of the amounts required to setue the obligation. Vthere
the effect of the time value of money is material, the provision is based on the present value ofthose
amounts. discounled al the pre-tax discount rale that reflects the risks $pe¢rfic lo the liability. The
unwinding of the discount is recognised in the Ststement of finarrial activthes as 8 finance co¥L
2.11 Flnanclal Instruments
The Charitable Company only has financi81 assets and financial liabilibes of a knnd that qualify as
basic financial instruments. Basic fin8nci81 instruments are inrtially recognised al transaction value
and subsequenuy measuied at their setuement value with the ex￿Ption of bank loans which are
subsequentty measur&1 at amortised cost Using the effeth've interest m8th0d.
2.12 Penslons
The Charitable Company ¢werates a defined contribubon pension scheme and the pension charye
represents the amounts payable by the Charitsble Company to the fund in respect of the year.
Page 20

THE SOCIEff FOR THE ADVANCEMEMT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
(A company Ilmlted by gv•Anteèl
NOTES TO THE FINANCIAL STATEMEirrs
FOR THE YEAR ENDEO 31 AUGUST 2025
Accountlng pollclés (contlnufjd)
113 Fund accounting
General funds are unrestricted fvnds which are available for use at the discretion of the Trustees in
furtherance ofthe gelleral objectives ofthe Charilable Company and which have not been designated
for other purposes.
Restricted funds are fijnds v4hich are to be used in accordance speufic reslrithons imposed by
donors or which have been raised by the Charitable Company for p8￿cUlar purposes. The costs of
raising and administering such funds are thafged against the specffic fund. The aim and use of each
restricted fund is set sJJt in the notes to Ihe financtal stslemenls.
Investsnent income. gans and l¢Jsses are allccated to I￿ appropriate fvnd.
Page 21

THE SOCIEfY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
(A company limltsd by guarantso)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Accountlng poll¢les Iconllnuedl
In¢omo from donatlons and Iogxlgs
Totsl
funds
2025
Tot81
funds
2024
funds
2025
Donations
Tot812024
Income from charitable activitios
R9Strlct8d Unrgstrlcted
funds
funds
2025
2025
Total
funds
2025
Total
funds
2024
.Training and Education
239,477
244A37
314.095
Income from charitsble aCti￿￿eS- Other
income
1.600
1.600
177
Income fr¢)m charftable activit]es
-memberships
13.147
13.147
8.977
Tot812024
Investmènt Income
Unrestrlcted
funds
2025
Total
funds
2025
Total
funds
2024
Investrnenl income- Bank irrterest ￿entable
Total 2024
Page 22

THE SOCIEry FOR THE ADVANCEAIENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
(A company Ilmltod by guaranteg)
NOTES TO TrIE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Atcountlng pollcles (contlnued
Analys18 of expendlture on charttable actlvltles
Summary by fund ty
Restrlcted Unrestrlcted
funds
funds
2025
2025
Total
2025
Total
2024
Tra￿Ing and education
Total 2024
Summary by expendlture type
Deprnclatlo
Staff costs
2025
Other costs
2025
Total
2025
rotal
2024
2025
Training and education
Total 2024
Analysls of expendlturn by actMtle8
undertaken
dlrectly
2024
Support
costs
2024
Totsl
funds
2024
Tot81
funds
2023
Direct costs
Tof* 2024
Page 23

THE SOCIM FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLEclloN IM
EDUCATK)N
{A company Ilmlted by guarants8)
NOTES TO THE FINANCIAL STATEMENTS
FOR ThE YEAR ENDED 31 AUGUST 2025
Anatysls of expendlture by actlvltles Icontlnuedl
Anatysls of dlrgct costs
Totsl
funds
2025
Total
funds
2024
Activtties
2026
Trainer costs
53,388
53.388
39,238
Venue ￿$ts
7,169
7,169
12,174
Projecl costs
333
333
49,674
Other costs
41.348
41,348
39.536
Tot812024
Analysls of support costs
Total
lund8
2025
Total
funds
2024
Actlvltles
2025
Staff
211.468
211,468
233,065
Depreaation
4.067
4,067
5,836
General office costs
51.421
51,421
58, 126
Govemance costs
3,656
4875
Totsl 2024
Page 24

' ThE SOCIETY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
IA company Ilmjted by guarnnteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Independent examlnets rgmunoratlon
The independent examinerfs remuneration amounts to an indeperKlenl examiner fee of £2.580 12024 -
£1,960), and accounts preparation of £ NIL12024- £1.400).
Stsff costs
2025
2024
Wages and salaries
195,837
212.745
Social security costs
10,287
14,631
Contribution to defined corrtribution pension schemes
5,689
The average number of persons em￿oyed by the Charrtable Company durong the year was as follows..
2025
No.
2024
No.
Average number of employees
The average headcount eypressed as fvlktime equivalents was:
2025
No.
2024
No.
number ofstaff
No employee received remuneration amountiThJ to m¢)re tr￿n £60.000 in either year.
The remuneration paid to key Management personnel during the year amounted to £98,032 12024..
£95,704)
Page 25

THE SOCIETY FOR THE ADVANCEPAENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
(A company Ilmlted ty guarnntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR ThE YEAR ENDED 31 AUGUST 2025
10. Trustees. remuneration and expenses
All Iruslees gfve their lime freety and no trustee remuneration was paid in the year for acting as a Trustee.
Two Trustees are also trainers and toth have been remunerated for their work as trainers in accordance
with SAPERE'S tem)s and condib.ons applicable to all trainefs. The amounts paid during the year are
£13,766 {2024." £t3,336). The artides of SAPERE pe￿it trustees to enter into a wntracl for the provision
of semces under certain cirCumstar￿5 provided for in the arb'des. The Trustees have considered the
Issue of having trainers as trustees and S￿ satisfied that it would be in the best interest of the Charitable
Company for the seNices lo be provided by those trainers are also trustees, because il is of great
benefit lo the Charita￿e Company lo have trustees Ntho are directly involved in the delNery of training and
can bring that expertise lo the board. The Trustees are satisfied that the arrangements comply
sections 185-188 of the Charitses AL# 2011
During the year ended 31 Augusl 2025, expenses totslling £216 were reimbursed or paid diredy to 3
Trustees (2024- £165 to 2 Tmstees) for travel expenses.
Page 26

THE SOCIEfY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
{A company Ilmltod by guardntso)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2026
11. Intanglblo assets
Computèr
Software
Cost
At 1 September 2024
20,040
Add￿On$
Dispos81s
At 31 August 2025
20.040
Amortlsatlon
At 1 September 2024
16,890
Charge for the year
1715
On dispjsals
At 31 August 2025
19,805
Net book value
At 31 August 2025
At 31 Augusl 2024
Page 27

THE SOCIEff FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATK)N
(A company Ilmltod by guardnts•)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
12. Tanglble flxed assets
oirice
equlpment
Cost or valuatlon
At 1 September 2024
9.799
Additions
f.020
At 31 August 2025
10,819
DeprKlatlon
At 1 Septernber 2024
7,107
Charge for the year
1.362
At 31 August 2025
8,469
Net book value
At 31 August 2025
At 31 August 2024
Page 28

THE SOCIEff FOR THE ADVANCEMEKf OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
(A company Ilmlted by guarnntso)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
13. Debtor8
2026
2024
Due wlthln one year
Trade debtors
6.886
13,235
Prepayments and accnwl inwie
15.644
112,968
14. Cr8dltors." Amounts falllng du8 wlthin one yèar
2025
2024
Trade creditors
19.726
4,727
Other taxation and socral security
6.264
4,261
Other creditors
872
3,126
Accruals and deferred ir￿orne
64.130
96,402
Defe￿e￿ income indudes £57,570 in relation to ino)me rtteived for training and conferences to b8 held
In 2025-26 within amounts falling due 4wthin one year and £NIL in respect of ftrture years shown as
amounts falling due after more than one year {Note 15}.
Of the total deferred income of £59.612 {2024.' £116,832), £59,612 {2024.. £115.8721 is unrestricted and
£NIL12024.. £9601 is ￿triCted.
Page 29

ThE SOCIETY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
IA company Ilmlted by guarn￿￿)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
15. Crgdltors: Amounts falllng due after morn than one year
2025
2024
Accruals arKI defefred income
Page 30

THE SOCIEfY FOR THE A0VANCEMEP￿ OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
(A company Ilmlt8d ty guarnnts8)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
16. Ststement of funds
ststgmont of funds - current year
Balance at 1
September
2024
Balance at
31 August
2025
Transfers
Inlout
Income Expendtture
Unrgstricted funds
General Funds- all fvnds
Restrlcted funds
Templeton Worfd Foundation
194)
ACE (Dramatic Enquiry)
Hertford Theatre
{8881
{721
Blue Cabin
13.8101
(1901
14,6041
1356)
Totsl of funds
Templeton Worfd Charity Foundation p￿leCt is fijnding 6 secondary schools to supwt P4C in RE and
Saence and aims lo bulld d*p connections be￿een these con￿pts that underpin these subje¢ts.
ACE {Dr8matic Enquiry) Hertford Theatre Project is fijnded to ena￿e chiltjren and young people
from diverse and disadvantaged wards in the district to co create and design their own education
and a route into the creative irKlu$tries
Blue Cabin- Creative Pro1￿1 wth Blu8 Cabin. Delivery of phik>sophy workshops in prisons and Young
Offender Instrtutions.
For further detail, please see the Trustees, Annual Report.
Page 31

THE SOCIETY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATX)N
(A company Ilmttgd by guarnntg91
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
16. Staternent of funds (continued
Statoment of funds- prlor year
Balance at
I September
2023
Balance at
31 August
2024
Transfe
in/out
Income Expenditu
Unrestrlcted funds
Restrlctsd funds
Peter Sowerby
3,629
(385)
(3,244)
Templelon Worfd Charrty
Fovndation project
44.LY26
(44, 162)
136
ACE (Dramatic Enquiryl
Hertford Theatre
5.519
(4.857)
(662)
Young PLqto
(3.923)
(77)
57,1T4
(53,327)
(3,847)
Total of funds
Page 32

THE SOCIETY FOR THE ADVANCEMENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
IA company limit•d by guar•ntse)
NOTES TO THE FINANCIAL STATEMEprrs
FOR THE YEAR ENDED 31 AUGUST 2025
17. Surnmary offunds
Surnmary of fund5 - current year
Balance at 1
Septsmber
2024
Balance at
31 August
2025
Transfers
inlout
Income Expenditurn
Gener81 fiJrKI8
110.246
260.590
(369.2461
356
Restricted funds
{4.6041
(356)
Summary of funds- prlor year
Balan￿ at
I September
2023
88lance at
31 August
2024
Tr8nsfe
ilvo
In(xJme Expendrfurg
General funds
123.241
373,355
(390. t97)
3,84r
110,246
Restricted fiJnds
57,174
(53.327)
(3.84TJ
Page 33

THE SOCIETf FOR THE ADVANCEAIENT OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
IA company Ilmfted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
18. Analysls of ngt assots botwgen funds
Anatyyls of net assets bei￿￿n funds - ￿rrent perlod
Unrostrfctsd
funds
2025
Total
funds
2025
Tangible fixed assets
2,360
Intangib￿ fixed assets
435
Current assets
89,143
89,143
Creditors due Mihin one year
189,9921
(89,9921
Total
Analysls of ngt assots between funds- prlor perlod
un￿$t￿cted
funds
2024
Total
fvnds
2024
Tangible )Ixed assets
2,692
2,692
Intangible fixgj assets
3. 150
3,1
Current assets
246.315
246,315
Creditors due within one year
(108,516J (108,516)
Creditors due in more than one year
{33,395J
(33,395)
Total
19.
Pension commitments
The group operates a defined conlribution pension scheme. The assets ofthe scheme are held separately
from those of the group in an inde￿nd8ndY administered fund. The pension cost charge represents
contributions payable by the group to the fund and amounted to £872 {2024 - £8361 were payable to the
fund at the balance sheet date and are Ind￿ in crèjrtors.
Page 34

THE SOCIEff FOR THE ADVANCEMEKf OF PHILOSOPHICAL ENQUIRY AND REFLECTION IN
EDUCATION
(A company Ilmlted by guarnnteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
20. Relatod party transactlons
During the year, there were related paty transath.ons rdating to reimbursement for preparing and
delivering training courses. Innovate and Create Ltd received £4,585. Paul Jackson (Trusteel is a Director
and Rosie Wlson (Trusleel received £9,181. For further details see note 10. There were no other relatod
paty transactions in the year.
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