COMPANY REGISTRATION NUMBER: 06606284
CHARITY REGISTRATION NUMBER: 1144674
THE SCHUMACHER INSTITUTE
UNAUDITED REPORT AND FINANCIAL STATEMENTS
YEAR ENDED: 31 MAY 2025
1
THE SCHUMACHER INSTITUTE
FINANCIAL STATEMENTS YEAR ENDED 31 MAY 2025
CONTENTS
PAGE
| Legal and Administrative Information | 3 |
|---|---|
| Report of the Trustees | 4 - 8 |
| Independent Examiner’s Report | 9 |
| Statement of Financial Activities | 10 |
| Balance Sheet | 11 |
| Notes forming part of the Financial Statements | 12 - 21 |
2
THE SCHUMACHER INSTITUTE
Legal and Administrative Information
Status
The organisation is a charitable company limited by guarantee (Registered Charity Number 1144674 and Company Registration Number 06606284), incorporated on 30th May 2008. It is referred to variously as the company, the charity, the charitable company, or the institute.
The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. Under those articles, the members of the board are elected at the AGM to serve three years, subject to ratification at each AGM and on a rotation basis of 1/3 of the committee each year.
Trustees, Board of Directors
Current trustees/directors
Hugh Parker ATKINSON Trustees / directors resigned during the year. Catherine Sarah DICK None. Richard Arthur John HELLEN Dharmendra KAPLETIA Trustees / directors appointed during the year. Edward Simon LANGHAM None. Brenda Jane MCLENNAN Ian Felton RODERICK (Company Secretary) Kate Elizabeth SWATRIDGE Emma Jane GIBBINS (appointed 17 Sept 2025) Michael THOMAS (appointed 12 Sept 2025)
Management team – non-directors
Jenneth Elizabeth Parker – research manager Richard Erskine John Waters
Key Management Personnel
The key management personnel of the charity are the Board of Directors and the management team.
Registered Office
Create Centre Smeaton Road BRISTOL BS1 6XN
Bankers
HSBC, 62 George White Street, BRISTOL, BS1 3BA
Independent Examiner
Joshua Kingston BSc (Hons) FCA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton BRISTOL, BS48 1UR
3
THE SCHUMACHER INSTITUTE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2025
The Trustees (who are also directors of The Schumacher Institute for the purposes of company law) are responsible for preparing the Trustees’ Report (incorporating the Directors’ Report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
Aims and Objectives
Specifically, the objects of the charity are:
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a) The relief of poverty and distress through the use of applied systems science;
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b) The advancement of education through the application of systems thinking, and the concepts of convergence and interdisciplinarity to social and global issues, including resource use, climate change, environmental management and social cohesion;
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c) To promote sustainable development for the benefit of the public by:
1) The preservation, conservation and the protection of the environment and the prudent use of resources;
2) The relief of poverty and the improvement of the conditions of life in socially and economically disadvantaged communities;
3) The promotion of sustainable means of achieving economic growth and regeneration. Sustainable development means “development which meets the needs of the present without compromising the ability of future generations to meet their own needs;”
- d) Such other purposes as are exclusively charitable according to the laws of England and Wales as the trustees may from time to time determine.
The charity aims to ‘enhance the quality of living systems and human relationships by identifying, developing, and implementing new perspectives, processes, and actions which are capable of effecting changes towards a convergent world, and which extends the philosophy of E.F. Schumacher to address the imperatives for change in the 21[st] Century;’ Our charitable objects are:
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To develop, find, finance, and carry out projects that fit within the aims, which promote concepts such as convergent action in the form of integrated solutions and strategies.
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To promote critical systems thinking, its considerations of power, human behaviour, the scientific aspects of complexity theory and trans-disciplinary approach to global issues.
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To undertake, promote and assist the undertaking of research, collaboration and facilitation following the aims.
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To advance the education of the public in matters relating to the aims.
4
THE SCHUMACHER INSTITUTE REPORT OF THE TRUSTEES (Continued) FOR THE YEAR ENDED 31 MAY 2025
Achievements and performance
The principal activities of the company are to carry out research projects that promote concepts such as convergence and integration and to promote the application of systems thinking to global issues.
The main activities of the charity can be considered in four parts: research, projects, learning, and consultancy. These parts are linked through a common mission to build on the ideas expressed in the works of E. F. Schumacher, particularly appropriate technology at the right scale, local actions, peace and non-violent approaches, simplicity, and the sense that all people matter.
Subscription membership
The institute has established a subscription membership[1] scheme for suitably qualified people who wish to support our work. Priced at a maximum of £120 per year the benefits are close involvement with the work of the institute and discounts for events. Subscription membership continues to grow.
Fellowship
The institute appoints fellowships to individuals who contribute to the work and who use the institute’s facilities and grant application processes. There are three categories of fellow: distinguished, standard, and honorary. All fellows are automatically subscription members of the institute.
Research
During the year, the institute has continued with projects that are promoting and researching planetary limits and inequality. The institute is part of a European network called ECOLISE which co-ordinates research into community development across Europe. We continued our international project to produce a Climate Action Toolkit, a commission from COMMEET an organization based in the Netherlands. We were commissioned by Public Health Wales to provide system think coaching. Further efforts have been made for other grants; this is an ongoing process.
Projects
The main project, Prepare for Change’ runs a programme of workshops and conferences involving people from all sectors to look at global issues and the way they may affect local activities. Prepare for Change (P4C) conducts horizon scanning and systems thinking to improve resilience and ultimately the sustainability of communities.
One project, connected to P4C, is Seeding Our Future (SOF) funded philanthropically by a fellow of the institute. Another project is called Deep Adaptation Forum (DEEP) and is funded by grants and donations. These are restricted fund projects. The Deep Adaptation Forum had established a considerable amount of funding in the prior years; this was expended on project activities in 2025.
Learning
The institute has continued with its courses in systems thinking and has conducted training programmes for individuals and organisations across the country. The institute has formalised the small bursary fund for expenses to support volunteers and students – this is now a restricted fund (RSTG) named in memory of Richard St George.
1 Subscription members are not members of the company under company law.
5
THE SCHUMACHER INSTITUTE REPORT OF THE TRUSTEES (Continued) FOR THE YEAR ENDED 31 MAY 2025
Consultancy
Working within the strict objectives of the charity, and with a memorandum of understanding, consultants seek work using the company as a resource base and shared facilities; in return, they contribute to core funding.
Management
The institute’s management processes were reviewed at board meetings. There were two changes to the board or management team post year end.
Communications
The institute has issued regular newsletters and social media communications and runs many workshops (mostly online). It has a regular monthly seminar programme.
Public Benefit
The trustees have had regard to the Charity Commission guidance on public benefits and to the need to report on its observance and delivery. The activities of the company are directed entirely toward the public benefit through a variety of routes. We influence people to consider the need for greater equality and fairness across the world than exists today.
Our project work affects people locally (in the West of England) to consider the resilience of the whole community. Our learning programmes raise awareness and improve the skills of participants to deal with issues of sustainability. Our fellowship is designed to support work that improves social and environmental sustainability in all sectors.
Induction & Training of Trustees
The directors will use various methods to recruit new directors. Directors will be recruited as and when necessary to ensure that the makeup of the board complies with its Memorandum and Articles and to ensure that the board represents a wide range of skills
All new directors will receive a thorough induction comprising:
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Attendance at two management team meetings as an observer before joining the board.
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A named director as a ‘buddy’ with whom they will meet at the start of the process and who will provide ongoing support.
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Notes of the last three board meetings and access to notes of earlier meetings if requested.
Ongoing training and updating will consist of the following:
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Regular Charity Commission newsletter updates.
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Access to governance and management committee training provided by the local voluntary sector and any other appropriate training
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Training to address any specific skills gap which can be organised on an ad hoc basis as and when required.
6
THE SCHUMACHER INSTITUTE REPORT OF THE TRUSTEES (Continued) FOR THE YEAR ENDED 31 MAY 2025
Results
The net movement in funds for the year amounted to a deficit of £14,898 (2024: surplus £31,266) of which surplus of £9,250 (2024: surplus of £8,420) related to restricted projects. The balance of the general funds now stands at £15,061 (2024: £39,209).
Future Strategy
The charity plans to continue the activities as outlined above in the forthcoming years subject to satisfactory funding arrangements. The objective for next year is to expand membership and deliver value to fellows and members through the Prepare for Change programme.
Reserves Policy
The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (the ‘free reserves’) held by the charity should be 6 months of support costs, which equates to £5,589 in general funds for the 2024/25 year. At this level, the trustees feel that they would be able to continue the current activities of the charity in the event of a significant drop in funding. It would be necessary to consider how the funding would be replaced or activities changed. At the Balance Sheet date, the free reserves of £14,953 are higher than the target level of our policy.
The institute is dependent on project funding and membership subscription to support core costs so these will be at the level that is available at any given time. Hence, the amount of free reserves and the amount required will fluctuate in response to project needs and funding.
Investment Policy
The management committee has considered the most appropriate policy for investing funds. However, at present, there are limited funds available for investment that need monitoring to achieve a satisfactory return. We are currently holding any surplus funds in an interest-bearing bank account which does not restrict access to these funds.
Risk Review
The management committee has conducted its review of the major risks to which the charity is exposed, and systems have been established to mitigate those risks. Significant external risks to funding have led to the implementation of a strategic plan which will allow for the diversification of funding and activities. Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charitable company. These procedures are periodically reviewed to ensure that they still meet the needs of the charity.
GDPR
The company maintains a thorough review of its data and access. It makes all efforts to secure and protect personal data held on paper and electronically. It complies with the General Data Protection Regulations (GDPR) that came into force in May 2018 and the Data Protection, Privacy and Electronic Communication 2020. The institute is registered with the Information Commissioner’s Office.
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THE SCHUMACHER INSTITUTE REPORT OF THE TRUSTEES (Continued) FOR THE YEAR ENDED 31 MAY 2025
Responsibilities of the trustees
The Trustees (who are also directors of The Schumacher Institute for the purposes of company law) are responsible for preparing the Trustees’ Report (incorporating the Directors’ Report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgments and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements, and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate 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.
Members of the board
The directors who served during the year and up to the date of this report are set out on page 3. Members of the charitable company guarantee to contribute an amount not exceeding £1 to the assets of the charitable company in the event of winding up. The total number of such guarantees at 31[st] May 2025 was 8 (2024 – 8).
This report has been prepared in accordance with the Statement of Recommended Practice – Accounting and Reporting by Charities and in accordance with the special provisions of the Companies Act 2006 relating to small entities.
Jan 12 2026
Approved by the Trustees on <<<<<<<<<<<<<<;;. And signed on their behalf by <<<<<<<<<<<<<<<<<; Ian Roderick
8
THE SCHUMACHER INSTITUTE
INDEPENDENT EX!MINER’S REPORT TO THE TRUSTEES OF THE SCHUMACHER INSTITUTE
Independent examiner’s report to the trustees of The Schumacher Institute (‘the Company’)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31[st] May 2025.
.
Responsibilities and basis of report
!s the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 !ct’);
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 !ct and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities !ct 2011 (‘the 2011 !ct’); In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner’s statement
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:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Joshua Kingston BSc (Hons) FCA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR
Date: <<<<<<<<<<<
Jan 12 2026
9
THE SCHUMACHER INSTITUTE
STATEMENT OF FINANCIAL ACTIVITIES (Including Income & Expenditure Account) YEAR ENDED 31 MAY 2025
| Note Income from: Donations and grants 2 Charitable activities 3 Investments 4 Total income Expenditure on: Raising funds 7 Charitable activities 7 Total expenditure Net income / (expenditure) and net movement in funds 5 Total funds at 1 June 2024 11 Total funds at 31 May 2025 11 |
Unrestricted funds Restricted funds Total funds 2025 Total funds 2024 £ £ £ £ 26,244 37,730 63,974 25,672 4,896 577 5,473 101,491 1,384 - 1,384 852 |
|---|---|
| 32,524 38,307 70,831 128,015 |
|
| 10,239 - 10,239 3,717 46,433 29,057 75,490 93,032 |
|
| 56,672 29,057 85,729 96,749 |
|
| (24,148) 9,250 (14,898) 31,266 39,209 43,959 83,168 51,902 |
|
| 15,061 53,209 68,270 83,168 |
All gains and losses arising in the year are included in the Statement of Financial Activities and derive from continuing activities.
Prior year fund comparatives are shown in note 9.
The notes on pages 12 to 21 form part of these financial statements
10
THE SCHUMACHER INSTITUTE COMPANY REGISTRATION NUMBER: 06606284
BALANCE SHEET
AS AT 31 MAY 2025
| Note Current assets Cash at bank and in hand Creditors: amounts falling due within one year 10 Net current assets Net assets Funds Restricted funds 11 Unrestricted funds 11 Total funds |
2025 2024 £ £ 69,896 84,686 |
|---|---|
| 69,896 84,686 |
|
| (1,626) (1,518) |
|
| 68,270 83,168 |
|
| 68,270 83,168 |
|
| 53,209 43,959 15,061 39,209 |
|
| 68,270 83,168 |
For the period ending 31 May 2025, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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i) The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
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ii) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime under the Companies Act 2006.
Jan 12 2026 These financial statements were approved by the trustees on Date ...........................................
And signed on their behalf by
Ian Roderick (Chairman)
The notes on pages 12 to 21 form part of these financial statements
11
THE SCHUMACHER INSTITUTE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MAY 2025
1 Accounting policies
a) Basis of preparation
'The financial statements have been prepared in accordance with the historical cost convention (except where otherwise stated in the accounting policy note) and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and the Companies Act 2006.
The Schumacher Institute is exempt under the terms of Financial Reporting Standard 102 from publishing a cash flow statement.
The charity is a public benefit entity as described under FRS102.
b) Funds accounting
General unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects and administration of the charity.
Restricted funds are subject to specific conditions by donors as to how they may be used.
- c) Income
Donations and grants
Donations and grants include donations, grants, and legacies recognised on a receivable basis. Income from individual membership schemes that are eligible for gift aid and is recognised in full on receipt.
Income from charitable activities
Income from conferences, consultancies and training workshops are accounted for in the period in which the activity takes place. Subscriptions are accounted for on a receivable basis.
- d) Expenditure
Expenditure on raising funds represent the costs of securing donations and grants, together with the cost of providing membership benefits.
Expenditure is directly attributable to specific activities. Where support costs relate to more than one activity they are apportioned on a basis consistent with the estimated use of the resources.
Governance costs represent the cost of the Company Secretarial role and costs associated with the preparation and independent examination of the statutory accounts.
All expenditure is accounted for on an accruals basis and is recognised when there is a legal or constructive obligation to pay.
12
THE SCHUMACHER INSTITUTE NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2025
1 Accounting policies (cont.)
e) Tangible fixed assets
Fixed assets are included at cost. Assets costing less than £500 are not capitalised.
Depreciation is provided to be written off the cost of the assets, less their estimated residual values, on a straight-line basis over the expected useful economic lives of the assets concerned at the following annual rates:
Computer equipment – 25%
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f) Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
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g) Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
h) Going concern
There are no material uncertainties about the charity’s ability to continue as a going concern. Although the charity’s reserves are reduced due to phasing of project work there is no concern over the ability to attract grants and obtain income from charitable activities, it has sufficient reserves to meet the challenges ahead.
13
THE SCHUMACHER INSTITUTE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MAY 2025
2 Donations and grants
| Donations Grants: DEEP Campaign income Membership fees Total |
Unrestricted funds Restricted funds Total funds 2025 £ £ £ 22,860 13,502 36,362 - 8,710 8,710 - 15,518 15,518 3,384 - 3,384 |
|---|---|
| 26,244 37,730 63,974 |
Prior year - Donations and legacies
| Donations Grants: DEEP Membership fees Total |
Unrestricted funds Restricted funds Total funds 2024 £ £ £ 10,302 - 10,302 - 12,604 12,604 2,766 - 2,766 |
|---|---|
| 13,068 12,604 25,672 |
Restricted funds
DEEP - The Deep Adaptation Forum, a movement to help people adjust to societal collapse. RTSG – Richard St George Bursary fund , to support students and volunteers.
14
THE SCHUMACHER INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MAY 2025
3 Income from charitable activities
| Income from charitable activities | |
|---|---|
| Consultancy Conferences Book sales |
Unrestricted funds Restricted funds Total funds 2025 £ £ £ 4,771 - 4,771 125 - 125 - 577 577 |
| 4,896 577 5,473 |
Prior year - income from charitable activities
| Consultancy Project research grants Campaign income Conferences Book sales |
Unrestricted funds Restricted funds Total funds 2024 £ £ £ 18,441 12,326 30,767 48,459 - 48,459 - 13,656 13,656 4,414 - 4,414 - 4,195 4,195 |
|---|---|
| 71,314 30,177 101,491 |
4 Investments
Bank interest
| Total funds 2025 | Total funds 2024 |
|---|---|
| £ | £ |
| 1,384 | 852 |
| 1,384 | 852 |
Bank interest is unrestricted in both years.
15
THE SCHUMACHER INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MAY 2025
5 Net income / (expenditure) for the year
This is stated after charging:
| his is stated after charging: | |
|---|---|
| Independent Examiner’s fee accrued | 2025 2024 £ £ 1,626 1,518 |
| 1,626 1,518 |
No trustees received salary payments. No trustee (2024 - £Nil) received consultancy fees during the year (2024 - £1Nil).
No trustees (2024 – £Nil) were reimbursed travel and subsistence expenses during the year (2024 - £Nil).
6 Staff costs and numbers
The aggregate staff costs were:
| he aggregate staff costs were: | |
|---|---|
| Wages and salaries Social security costs |
2025 2024 £ £ 10,522 8,693 1,326 831 |
| 11,848 9,524 |
No employee received emoluments of more than £60,000 in either 2025 or 2024.
The average weekly number of staff during the year, calculated based on headcount, was as follows:
| Administration and internships | 2025 2024 No. No. 2 3 |
|---|---|
| 2 3 |
Aggregate donations from trustees, key management personnel, and related parties were £7,500 (2024 - £8,000).
The total employment benefits received by key management personnel were £Nil (2024 - £Nil).
16
THE SCHUMACHER INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MAY 2025
| 7 Analysis of total expenditure Charitable activities: Consultancy, training courses etc Raising funds: Fundraising costs Prior year - analysis of total expenditure |
Direct costs Support costs Total 2025 £ £ £ (Note 8) 74,632 858 75,490 - 10,239 10,239 |
|---|---|
| 74,632 11,097 85,729 |
|
| Charitable activities: Consultancy, training courses etc Raising funds: Fundraising costs |
Direct costs Support costs Total 2024 £ £ £ (Note 8) 78,809 14,223 93,032 - 3,717 3,717 |
|---|---|
| 78,809 17,940 96,749 |
17
THE SCHUMACHER INSTITUTE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MAY 2025
8 Analysis and allocation of support costs
| Support costs: Insurance Printing & publishing System & web development Rent & rates Telephone Dues & subscriptions Office expenses Miscellaneous Bank charges Postage & carriage Independent examiner’s fees Total |
Charitable activities Raising funds Total 2025 £ £ £ 31 369 400 - - - 241 2,879 3,120 359 4,293 4,652 2 18 20 66 782 848 - - - 5 65 70 6 76 82 22 257 279 126 1,500 1,626 |
|---|---|
| 858 10,239 11,097 |
Prior year - analysis and allocation of support costs
| Support costs: Insurance Printing & publishing System & web development Rent & rates Telephone Dues & subscriptions Office expenses Bank charges Postage & carriage Independent examiner’s fees Total |
Charitable activities Raising funds Total 2024 £ £ £ 299 78 377 2,299 601 2,900 3,248 848 4,096 5,708 1,492 7,200 95 25 120 303 79 382 187 40 227 206 54 260 682 178 860 1,196 322 1,581 |
|---|---|
| 14,223 3,717 17,940 |
Support costs are allocated based on the percentage of income for each area.
18
THE SCHUMACHER INSTITUTE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MAY 2025
9 Prior year (2024) fund comparatives
| Unrestricted | Restricted | Total funds | |
|---|---|---|---|
| funds | funds | 2024 | |
| £ | £ | £ | |
| Income from: | |||
| Donations and grants | 13,068 | 12,604 | 25,672 |
| Charitable activities | 71,314 | 30,177 | 101,491 |
| Investments | 852 | - | 852 |
| Total income | 85,234 | 42,781 | 128,015 |
| Expenditure on: | |||
| Raising funds | 3,717 | - | 3,717 |
| Charitable activities | 58,671 | 34,361 | 93,032 |
| Total expenditure | 62,388 | 34,361 | 96,749 |
| Net income / (expenditure) and net movement | |||
| in funds | 22,846 | 8,420 | 31,266 |
| Total funds at 1 June 2023 | 16,363 | 35,539 | 51,902 |
| Total funds at 31 May 2024 | 39,209 | 43,959 | 83,168 |
19
THE SCHUMACHER INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MAY 2025
10 Creditors: amounts falling due within 1 year
| Accruals and deferred income 11 Funds |
2025 2024 £ £ 1,626 1,518 |
|---|---|
| 1,626 1,518 |
|
| Restricted funds SOF DEEP RSTG Unrestricted funds Total funds Prior period – funds, Restricted funds SOF DEEP RSTG Unrestricted funds Total funds |
At 1 June 2024 Income Expenditure At 31 May 2025 £ £ £ £ 13,248 - (10,349) 2,899 29,864 38,307 (18,708) 49,463 847 - - 847 |
|---|---|
| 43,959 38,307 (29,057) 53,209 |
|
| 39,209 32,524 (56,672) 15,061 |
|
| 83,168 70,831 (85,729) 68,270 |
|
| At 1 June 2023 Income Expenditure At 31 May 2024 £ £ £ £ 17,493 - (4,245) 13,248 17,199 42,781 (30,116) 29,864 847 - - 847 |
|
| 35,539 42,781 (34,361) 43,959 |
|
| 16,363 85,234 (62,388) 39,209 |
|
| 51,902 128,015 (96,749) 83,168 |
20
THE SCHUMACHER INSTITUTE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MAY 2025
Note 11 Funds (cont) Restricted funds description
SOF – Seeding our Future
This is a fund for the work of fellow Alan Heeks (Wisdom Tree) in support of capacity building in communities for greater resilience.
DEEP – Deep Adaptation Forum
This fund is for a global network of people concerned with support for adapting to climate change. It was formed by fellow Dr Jem Bendell.
RSTG fund
This fund is for the Richard St George bursaries to support learning and small expenses for volunteers and students.
12 Operating lease commitments
There are no significant operating lease commitments.
13 Capital Commitments
At the year-end, the charity had no significant capital commitments.
14 Controlling party
Being a company limited by guarantee the charity is controlled by its members. The members are the directors of the company and each member’s liability is limited to £1; The Board does not consider that any one member has control over the company.
15 Related parties transactions
There were nil related parties transactions.
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Audit Trail
| Document Details | Document Details | Document Details | |
|---|---|---|---|
| Title | The | Schumacher Institute fnancial statements YE 31 May 2025 | |
| File Name | Accounts 2025 Final.pdf | ||
| Document ID | dbddfa10c7a947ddaec4ae1923307eef | ||
| Fingerprint | 3dc06ba83b64bc1798e5caa5f8ec6c41 | ||
| Status | Completed | ||
| Document History | |||
| Document Created | Document Created by Burton Sweet (accounts@burton-sweet.co.uk) Fingerprint: dbac22c8bf547a1e632f31116abdb9df |
Jan 12 2026 04:08PM UTC |
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| Document Sent | Document Sent to Ian Roderick (ian@dovetail.co.uk) | Jan 12 2026 04:08PM UTC |
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| Document Viewed | Document Viewed by Ian Roderick (ian@dovetail.co.uk) IP: 86.179.30.233 |
Jan 12 2026 05:31PM UTC |
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| Document Signed by Ian Roderick (ian@dovetail.co.uk) | |||
| IP: 86.179.30.233 | |||
| Document Signed | Jan 12 2026 05:32PM UTC |
||
| Document Sent | Document Sent to Joshua Kingston (josh.kingston@burton-sweet.co.uk) | Jan 12 2026 05:32PM UTC |
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| Document Viewed | Document Viewed by Joshua Kingston (josh.kingston@burton-sweet.co.uk) IP: 185.249.213.98 |
Jan 13 2026 12:39PM UTC |
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| Document Signed by Joshua Kingston (josh.kingston@burton-sweet.co.uk) | |||
| IP: 185.249.213.98 | |||
| Document Signed | Jan 13 2026 12:39PM UTC |
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| Document | This document has been completed. | Jan 13 2026 | |
| Completed | Fingerprint: 3dc06ba83b64bc1798e5caa5f8ec6c41 | 12:40PM UTC |