2022-09-30-accounts

TEACH FOR ALL NETWORK FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2022 Company No. 07567032 Charity Registration No. 1148763

TEACH FOR ALL NETWORK l N D EX Year ended 30 September 2022 Page Gener21 infom12ti0n Report of the Trustee5 Independent Auditor'5 report Statement of Financial Activitie5 Balance Sheet 10 Statement of Cash Flows Notes to the financial stst¢mehrs 12

TEACH FOR ALL NETWORK G E N E RAL I N FORM A TION Year ended 30 September 2022 Directors and Trustees Damejulia Cleverdon Edward Vainker David Thomlinson P*tsl Fletther james Westhead Ndidi Okezie Russell Hobby Company Secretary julia Chi Regls¢ered offl¢e 22 Chancery Lane London WC2A I LS Charlty number 1148763 Company regl$tratlon numb¢r 07567032 Audltor5 Dixon Wilson Audit Seryices LLP 22 Chancery Lane London WC2A I LS Sollcltort BDB Pitmans LLP One Bartholomew Close London ECIA 7BL

TEACH FOR ALL NETWORK REPO R T O F TH E TRUSTE ES Year ended 30 September 2022 The Trustees present their report and financial statements lor the year ended 30 SepLember 2022. which includes the directors, reptsrt as required by company law. The financ￿1 statements have been prepartd In ac£ordan£e with the accounung policies sec out on page 12 and With the Companies Acc 2006 and the Accounting and Reporung by Charities.. Sratetnent of RecomM￿ded Prnctice applKable to charits preparing their ¥ccounts in a££ord•n£e wlth the Flnancial Reporung Stsndard appli£able in the UK and Republic ol Ireland IFRS1021. Teach For All Netsvork is a company limited by Kuaranree and be£ame a regisrered chariw on 30 A￿U$r 2012. Structure goveman£e and management The names of the directors who served throughout the yer re stated an page 2. The dlretrtsrs of the company are a £hariry Trusrees for the purposes ol Charity lw. Teach for All Network is governed by a board of Trustres who mee[ annually ro discuss the chanry s straregf, including granc making. risk maNsemenL t>olicies and perforniance. H¢>weYer. il li is detem)ined that an annual meeung is nsufficient addirional meeungs will be scheduled. The board currenrty consists of the Trustres listed on page 2. New members of this board will be selected and appts￿ted by exisDng Trusttes. New Trustees are prowded with guldance as ro rheir responslblllries frtsm exisung Trusrees and managemenL Teach for All Nerwork is govemed by Memorandum and Arucles of AssOc￿￿on dared 16 March 2011. Applicauon of Income of the chariiy is limited ro the promouon ol iu obiecrs. De£isions are made by simple majonry of Yores cast at a meetlng of the Trustee Oblectlves and acti￿tIeS for the public benefft The charlry's maln objetr Is rhe advancemeni of educauon for the public benefiL and such other charirable, phllanthroplc and benevolenr purposes In the field of educauon as the direcrors S￿11 decide. Teach For All Network works to attelernte the progress ol independenl lOC￿ty led at)d 8oYemed partner organ5￿t￿0n5 withln rhe overall Teach For slobal network. and particU￿￿Y in Europe. Each nerwtsrk Par￿er recruirs and develops promisins furure leaders ro tea£h In their nauons. hlh-need schools and communiues and. this foundarion. to work with others, Inside and ourside of educauon, ro ensure all children are able ro fvlfill rheir potential. Teach For All Ne￿Ork works to a£celernte the nerwork's progress and increase impacr by providing parEners WiEh direcr supporr, faciliraring connecrions among them. accessing ￿0b)I resources for the benefit of the neEworK and fosEering the leadershlp development ol Par￿er stsff. reachers. and alumnl. Strateglc Report Achltvemtnts and perfomiant During the period. the Teach For All netsvork worked more than 61 parthers. Teach For All Network helped these partners achieve a rneasurdNe increase in ¥verw scale of their progAms. as well as on intrease in the effectiveness of their teachers and program alumni as measured by survey daf& During this Dme. network parn)ers also provided hlgh ratings regarding their as5essfflent of the wality of sUPPOrt from Teach For All Network The focus in the period had been on providing enough support to those in need during the Covid.19 pandemic. It Was estirnated that 80% of the world's children were out of school and the Net%York had seen thai the shift w Yirtual learning wa5 not only about generating diwt31 content but also about the rnechani5m5 Used to delwer this Content. The Teach For All 8lobai nerwork has considered these issues and has been able to hold events successlully and has seen ontinued growth in the year. Public benefit The Trusrees. having rerdrd to the Public Benefir Gui¢kn)ce published by the Chanry Commission in accordance w￿h section 17 of The Charitie5 Act 2011. COns￿er that the purpose and actI￿lIeS of Teach for All Network satisfy the requirements of the public benefit rest Set out In 5ectson 4 01 the 5atne ACL Flnanclal revlew and reserves polky The accounrs are Ser out on page5 9 to 17. The chaTTty s costs are re£har£ed to ts pareni entity and therefore has no need to rnaintain reserves at a particular level in order to ensure its continued operation. Unrestricod reserves at 30 September 2022 were in a surplus of £134.877 Ideficrt of 2021 £54.7931. In addition to thi5. the charity had £98.no 12021 £122.8011 of restricred funds to be passed on Eo education netWOTk ￿rtnerS by Wdy of funding grants and expendiDJre on network partner supporL

TEACH FOR ALL NETWORK REPO R T O F TH E TRUSTE ES (CONTI N U EDI Year ended 30 September 2022 Grant making policy Teach f¢r All Network seek5 projects to fund and does not accept unsolicited applicatyon5 for grants. Future developments The Trusrees will conunue with rhe primary obiecrive of athancemenr of educauoTr for the public benefit in the UK and worldwide. Teach For All Network is part of the Teach For All necwork and endelvours to build the capa£iry of nerwork par￿er$ In their effecuveness to address educauon inequaliry in the UK and worldwide. The nerwork currenrly has 61 Par￿er organisauons worldwide and in the luwre it has the plan ro grow by adding approximarely 4 owanisatyons around the wodd each year. In rhe shorr term, Teach For All Nerwork aspires ro f0s￿r an enviroTrmeTrE conducive to the growth of the ￿e￿Ork and its partners, increase the capaciry and ImpacT off parrners, and build a diverse and thriving organ15auon and network. Over the longer rem), Teach For All Nerwork aspires ro several inlended outcomes. it)cluding." developing a s￿nifiCan[ number of extraordinary leaders who ¢each suc<essfully in h￿h-need commvniries in Europe and beyond and contynue working ¢0 ensure all children have the opporruniry ro fu￿11 their Pofenual., building an lnferconnec￿d global community of students, teachers, alumni, staff and allies who are learning Irom and supporring each other.. providing an engine of innovaDon and learning, sharing experrise from within and beyond the nerwork on creaung wansforniauonal progress in classrooms and communityes,. and developing inro an influenual ¥oKe in the glcthl ¢"sCU￿on. R15k management Given Teach For Al Netsvork's relarioTrship to Teach For All, Inc. in the Us risk managemen¢ primarily takes place at the Teach For All, Inc. level. Each risk is assigned w a commirree of the Teach For All, Inc Board and to a member o15enior managemen¢ to develop and monitor mitygarioTr strale￿e$. Addirionally. Teach For All Network has taken out appropriare insurance policie& including Ernployers tsability. PublidProduc¢ Liability, and Management Liability polKie5, Example5 01 such risk Include rhe inabiliry ro raise sufficient I￿￿ attract and retain tslenL mainrain the safety and security of tra¥eling staff, and avoid Tregative publicity. Trust•es' responslbllltles In relatlon to the thanclal statements The Trus¢ees (who are also d￿r￿lOr$ ol Teach For Nets￿rk 1.the charitable company") for the purposes ol company lawl are responsible for preparins the Trusrees. annual repon and the financial sraremenrs in accordance with applicable law and United Kingdom AccountyTrg Standards lUTri￿d Kingdom Generally Accepred Ac<ounting Pracllcel. Company law requires the Tru5tee5 ¢0 prepare financial sta¢ements for each financkil year, which give a true and falr view of the state of affair5 of the charitable company and ol the incorning resources and Ippliutyon of ￿sourCes, including the Income and expendiwre. ol the charitable coryany for tha¢ period. In prepannx these financial sraments, Ehe Trustees are required to.. selec¢ suitsble accounting ￿1￿leS and then appty them con&stenty, observe rhe methods and p￿Tr¢1Ple$ in the Chariues SORP. make judgements and estimates that art reasonable and prudenL state whether applicable UK Accounting Standards have been folowed. subject to any material deparujres disclosed and explained in the financial ststetnents: prepare the financial statemen¢¥ gn the going corKern basi5 unles5 it is inwropria* to pre5urne that the chariuble ompany will continue in i)peration. The Trustees are responsible lor keeping adequate accounting records that disc105e with reasonable accuracy at any tyme the financial position of the charitable cornpany and erthble them to ensure that the financial sratsments Cornply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitsble company and hence for tsking reasonable steps for the preverbtion and detection of fraud and other irreguL)ritie&

TEACH FOR ALL NETWORK

REPORT OF THE TRUSTEES (CONTINUED)

Year ended 30 September 2022

Auditors

So far as each Trustee is aware, there is no relevant audit information of which the company's auditors are unaware.

Each Trustee has taken all reasonable steps that they ought to have taken as a Trustee in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

In approving the Trustees' annual report, we also approve the strategic report included therein, in our capacity as company directors.

On behalf of the board

DAME JULIA CLEVERDON 8 JUNE 2023

5

TEACH FOR ALL NETWORK INDEPENDENT AUDITOR S REPOR T TO THE MEMBERS OF TEACH FOR ALL NETWORK Year ended 30 September 2022 Opinion We have audired the financial statemenrs of Teach For Al Ne￿Ork (the "Chan￿ble company") for the year ended 30 September 2022 which comprise the sratement ol financi￿ acuviues. balance sheeL statsment ol cash flows and notes to the financial statements. including a Summary of significanr accounting policies. The financial reporring framework that ha5 been applied in their preparation is applicable law and United Kingdom Accounting Standard5, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdorn Generally Accepted Accounting Practyce). In our opinion, the financial 5taternen sive a true and fair view of the state of the charitable company's affair5 as at 30 Septernber 2022 and of it5 incorning re50urce5 and applicavon ol re50urce5. for the year then ended.. have b¢¢n properly prepared In acc¢rdance with Unired Kingdom Genernlly Ac¢epr¢d A¢¢¢uncing Pra¢ri¢¢', have been prepared in accordance the requirements of the Charitie5 Act 2011. Ba55s for oplnlon We conducted our audit in a¢¢ordan¢e with In￿rnatIonal Standards on Auditing {UKI IISA5 IUKII and ¥•plicable law. Our re5ponsibilitie5 under those standards are further described in the Auditor's responsibilities for the audit of the financial sta￿rne￿I$ settion ol our rtporL We are imdeperbdent of the charitable company in atcordan¢e with the tthical requirements rhat are relevan¢ co our audit of tht finantial statements in che UK, ineluding the FRC'$ Ethical Srandard, and we have ￿￿illed our other ethical respon$ibslicies in accordante wilh these requlremenrs. We believe ch21 rhe audii evidente we have oboined is sufficient and appropnace co provlde a basls for our oplnion. Concluslons relatlng to golng concern In audiring the financial staremenrs. we have concluded that the misree's use of the going coThcem basis of accounting in the preparation of rhe financial sraiemenrs is appropriare. Based on the work we have performed, we have not identified any material uncertainties re￿ting to events or conditions that, individually or collectively, may cast Sl8nrficaTh¢ doubt on the charitable company'5 ability to continue a5 3 goin8 concern for a period ol at least ￿e1Ve month5 from when the financial statements are authorised for issue. Our respon5ibilive5 and the re5ponsibilitie5 of the trustees with respert to going concern are described in the relevant se£uon5 of this reporL Other Informa¢Son The other inforn)2tion comprises the infomiarion induded in the annual reporc other than che financi21 StsEements and our auditor's reporr thereon. The Trustees are responsible for che other inftsrmaoon. Our opinion on Ehe financial statemenrs does Trot cover the other infotmarion and we do not express ally form of assurante conclusion thereon.

TEACH FOR ALL NETWORK INDEPENDENT AUDITOR S REPOR T TO THE MEMBERS OF TEACH FOR ALL NETWORK ICONTINUEDI Year ended 30 September 2022 In connection wirh our audir of the financial $rareMen￿ our responsibiliry is w read the other informarion and, in doing so. consider wherher rhe other infomiarion is materially Inconsis￿nE with the financi21 sratements or our knowledge obtained in the audic or othekwise appears ro be marenalty missrated. If we identify such m2cerial inconsistsncies or apparent material misstarements. we are required to detem)ine whether there is a material misstatement in the financial statements or a material mi5Statement of the other information. If. based on the work we have perfomied. we conclude that there is a material mis5ratement ol this other information, we are required to report that fact. We have nothing to report in thi5 regard. Mattert on whlch we are requSred to report by exceptlon We have nothing co repor( IA respett of the follMwing mat¢ers In rtlarion to thkh the Charities IA¢counts and Reporrsl Regu￿￿On$ 2008 requirts us to ftPOrt tQ you il, in our 0pinitirt-. he Inforn)aclon given In the financial s14￿men1$ is lrtconsistenr irt any marerial rtspe¢t the Tru$tee$ repgrc,. tsr Sufficient accoununK rttords have not been kepL or the financial srarements are ncr in agreemenc with the accounvng records: or we have not received the information and explanations we require for our auditi Re5ponslbllltle5 of Tru5tes A5 explained rnore fully in the Trn5tees' responsibilities Statement set out on page 4. the Trusiee5 Iwho are ￿50 direccors of the <hariuble Company for the purpose$ of eompany lawl are responsible for the preparavon of the financial sratemenu and for being satisfied thai they give a true and fair view, and for such internal control as the Trustee5 deterrnine 15 necessary w enable the preparation of financial staiernents that are free frorn material mis$ta(em¢n4 whether due to fraud or error. In preparing the finan¢ial suiements. the Trnstees are responsible for asses$ing the ¢h4rifable Company s ability t continue as a going concern. disclosin& as applicable. mauers re121ed ro going coThcem and using the going concem basis of accounting unless the Trustees either intend w liquidate the ¢hantble Company or w cease Operations, or have no realisric alternative but ro do so. Audltor's responslbllltles for the audlt ￿the llnanclal statements We have been appointsd as auditor under section 144 of the Charitie5 Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about vthether the financial statements a5 a whole are free from material mi55ra¢ernent, whether due w Iraud or error. and to issue an auditor'5 report Chat includes our opinion. Reasonable assurance 15 a high level of assurance, but 15 not a gUaran￿e that an audit conducted in accordance with ISAS IUKI will always éerecc a rnalerial mi55¢atement when li exists. Misstacements can arise from fraud or error 2nd are tOn51dered Materi￿ rf. 1ndl￿dU￿1Y or in aggrepte. they could reasonabty be expetied to influente the etonomit detisiofis of u5Èrs taken on the basis of these financial 5txternents.

TEACH FOR ALL NETWORK INDEPENDENT AUDITOR S REPOR T TO THE MEMBERS OF TEACH FOR ALL NETWORK ICONTINUEDI Year ended 30 September 2022 Irregularities, including fraud. are Ins￿nceS of non-compliance with laws and regulauons. We design procedures in line with our responsibilities. outlined above. to derecr mareriaj missDtemenrs in respecr of irregularities. including fraud. The extenr ro which our prixedures are capable of derecring irregulariues. including fraud is detailed below.. We pined an understanding of the lepl and regulatory Iramework applioble ro the charitable cotnp3ny by Considering, amongsi other things. the secror. and jurisdictions in which ir opernces. and considered the risk of aets by the eharitable company that were tontrary to applicable laws and regulations, Including fraud. We designed audir procedures tts respond ro the assessed level of risk. buc recognised thac rhe risk of ntsr dereccing 3 macerial misstaremenr due to fraud is higher than the risk ol nor derecring one resulung from error. as fraud may involve deliber2Ee concealmenr by. for example. lorgery or inrenuonal misrepresenrauons. or through collusion. We focused on law5 and regulauon5 which could give rise to a material mi5Staternent in the financial statsrnents, n¢luding, but not lirniced to, UK Cornpany Law. UK fax legislation and UK Charity Law. Our tests included a8reeing the financial statement disclosures to unded￿n8 supporting documentation, enquiries with management and enquirie5 of third party tax advisers. As in all our audits. we also addressed the risk of management override of int¢mal concro1$, in¢luding ce$tyng 10urnal$ and evaluacing wh¢rher rhere VAS ¢￿dence of bias by Man￿¢men( thac represenced a rl$k of materlal misstaremenr due ro fraud. There are Snherenr limiotiofis in the audi¢ procedures des¢rib¢d above and. the ftjrther removed non<omplian<e with laws and regulatyon$ is Irom th¢ and trnnsauions reflec¢¢d in the financial staiemenrs, che 1¢$$ likely we would be¢ome aware of it. We iJid not identify any key audit matters relavng to irregularitie$, in¢luding frdud. A further description of our responsibilitie5 for the audit of the financi￿ statements is located on the Financial Reportin8 Council's website aL www.frc.or&ukJauthtor5responsikn'litie5. Thi5 description forrn5 part of our auditor's report. Use of our report This reporc is made sokly co the chariuble ¢omp•ny's Trustees. as a body. in a¢¢orthnc¢ with Pary 4 of rhe Charities IA¢¢ounrs and Reporrsl Regularion$ 2008. Our audit work has been underyaken $0 that we might $ute tts the ¢harirabl¢ ¢¢mpany's Tru$tees those matters we are r¢qubred to srat¢ to them in an auditor's repgrt and for no other purpose. To the lullesr exteni permitted by law. we do not a¢cepi or assume responsibility to any¢ne ¢sther than the charitable company and the charitable company's Trustees as a body. for our audit work for rhis report, or for the opinions we have fomed. Steven Wakefield (Senior Statutory auditor) For and behaw of Dixon Wilson Audit Sery1￿ LLP. Statutory Auditor 22 Chancery Lane London WC2A I LS 16 Juna 2023 D2te'. Dixon Wilstsn Audir Se￿IC*s LLP is eligible to act as an audiror in ternis of secrion 1212 of the Companies Att 2006.

TEACH FOR ALL NETWORK ST A T EM E N T O F FI NANCI AL ACTIVITI ES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) Year ended 30 September 2022 Note Unrestricted Fund 2022 Restricted Fund Total Funds Total Funds 2022 2022 2021 Income from: Donations 2nd legcies Investmenrs 3.979.894 931 4.019.894 931 3.145.552 Total In¢ome 3.980,825 4,020,825 3.145.552 Expendlture on: Raising funds Charitable acuvities 1614.6051 13.154,0661 3,768.6711 1614.60SI 1647,657) 13.215,6521 12,711,090) 13,830,257> 13,358.747} 161,586 61.586 Totaj expendlture Net incomel{eMpenditure} for the year before tax 212.154 121.586 190.568 (213.195) Foreign exchange {Ios5llgain Net In¢omel{expendleure) and net mov¢ment offunds 122.4841 149SI 124,9791 (10.841) 189.670 124.081 122.&)1 165.589 {224,030) 292,044 Funds brought fotward Funds wrSed forward 154.7931 134.877 68,008 98,no 233,597 68,008 The Statement of Financial Activities include5 all ￿1n$ and losses for the year. All incoming re50urce5 and resources expended derive from continuing activities.

TEACH FOR ALL NETWORK

BALANCE SHEET

At 30 September 2022

Company No. 07567032 Charity Registration No. 1 148763

----- Start of picture text -----
Note 2022 2021
£ £
Current assets
Debtors 13 366,381 132,142
Cash at bank 14 111,848 174,200
478,229 306,342
Liabilities
Creditors falling due within one year 15 (244,632) (238,334)
Net current assets 233,597 68,008
Total funds of the charity:
Unrestricted funds 17 134,877 (54,793)
Restricted funds 17 98,720 122,801
Total funds 233,597 68,008
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For the year ended 30 September 2022, the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The Trustees 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 audited under the requirements of section 144 of the Charities Act 2011. The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime in part 15 of the Companies Act 2006.

The accounts on pages 9 to 17 were approved by the Trustees on 8 JUNE behalf by:

2023 and were signed on its

DAME JULIA CLEVERDON Director

10

TEACH FOR ALL NETWORK ST A TEMENT OF CASH FLOWS Year ended 30 September 2022 2022 Total 2021 Total Note Net cash provided byl{u5ed in) operatin8 actNityes 20 63,283 1296,048) Cosh Iov*s from iftve5tinE OCDVID Dividend5 and interest 931 Ner cash provided by investing acriviues 931 Change in Cash and cash eqvivalenrs 62.3521 {296,048) Cash and ¢a$h equivalents broughc forward 174,2C¥) 47Q.248 Cash and cash equivalents carried forward 111,848 174,200

TEACH FOR ALL NETWORK N OTE S TO TH E FI NAN C IAL ST A T EM EN TS Year ended 30 September 2022 Accounting policies Basis of preparation The attounts are prepared on a histOTital tost basi¥ in actordante with the Ststèment of Retommended Prattite applicable for charitie5 preparing their account5 in accordance with the Firwnctyl Reportyng Standard applicable in the UK and Republic of Ireland IFRS 1021 Charities SORP IFRS 1021. the Finantial Reporting Stxndards applicable to the UK and Republic of Ireland IFRS 1021, the Companies Act 2CQ6 and the Charities ACL 2011. The Te2th For All Ne￿￿tsrk meers the definition ol a PU￿1£ beneft enDry under FRS 102. Preparatlon of the 4¢¢ounts a golrtg <on¢ern b¥1$ The Trustees consider that there are no Materi￿ uncertainues about the Chari￿5 ability to continue as a goin8 concem. As a result. the accounts have been prepared on a going concern basis. The finan¢lal $taiemenrs ¥t presenr¢d In Srerling, being the fiJn¢rltsnal ¢urreN¢y of the ¢hariry, and are rounded tts the rsearesr £. In¢omlng rewur¢es and resour¢es exp¢nded Donations receivable are reco8ni5ed once the charity ha5 entidemenc to the donations. it is probable that the donations will be received and the monetary value of the donations (an be measured with sufficient reliability. Donatlon$ and granrs payable Ire included in the Spremenf 01 h"n*ncial Awwries when approved by the Tru$te¢$ and agreed with the donee. All ocher Income and exyndirure is reco￿19¢d on an accruals basls. Debtors Trade and other debrors are re<0￿1$ed ai the seulernerbi arnount due after any trade discount offered. Prepayments are valued ar rhe amounr prepaid net of any trade dixounrs due. Credltors Creditors are reco8ni5ed where the charity has a present obli8aiion resulting from past events that will probab result in the transfer ol funds to a third party and the amount due to 5ettSe the obl￿￿0￿ can be measured or escirnated reliably. Creditor5 are norrnalty reco￿1$ed at their settlement amount after allowing for any irade dixounts ijue. Flnanclal Ingtruments The chari¢y only ha5 financial a55ets and fin3ncHI liabilitie5 of a kind that qualify a5 basic financial instruments. Ba51C financial in5¢rurnenr5 are inirially recoybised at tran5acrion Yalue and subsequen¢ty rnea5ured at their settlernent value. Fund a¢¢ounting unrestrlc￿d fund5 are available to spend on acvTrriries that further any ol the purposes of the charity. Restricted funds are donations which the donor has specified are to be solely used for a particular area of the charity's work. Foreign ¢urren¢y trnnSa¢tsons Monetary assets and liabilities denominated in forei￿ currencie5 are translated into Sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencie5 are recorded at the rate of exchange ruling ar the date of the rransacrion. Exchange drfferences arising on transactions in the year are taken EO the Ststement of Financial Artiv￿e5. 12

TEACH FOR ALL NETWORK N OTE S TO TH E FI NAN C IAL ST A T EM EN TS Year ended 30 September 2022 Legal status of the charity The chariry is a company limited by guarnnree incorporared in the UK Iregiscered in En¥aThd and Wales) 2nd has no share c2Pit21. The charicy's re&"siered office is 22 Chancery Lane. London WC2A I LS. P￿r•r year S¢a¢emen¢ of Flnn¢ll Ac¢l¥ltles Unrestricted Fund 2021 Restricted Fund Total Funds Total Funds 2021 2021 2020 Income from: Donations and ley¢les Investmenrs 3,043.464 102,¢)88 3.145,552 3,277,751 421 TO￿ Income 3.043.464 102.088 3.145.5S2 3.278,172 Expendlture on: Raisin8 funds Charitable acuvities 1647.6571 12,645,075) 13.292.732) 1249.2681 1647.6S7) 12,711,090) 13.358.7471 13,253,888} 24,284 268,064 2.985,824 166.015 To¢aJ expendlture Net (expendlture)Ilncome for the year 66.015 36,073 Forei8n exchan8e 83inll10551 Net movement oflunds 7.215 118.056 18.017 1,193 1242.0531 187.260 1224.036 292.044 25,477 Funds brought fotY4ard Funds c•rrled for*ard 104.7B4 266,567 (54.7931 122.801 292.044 Donatlons and legacles 2122 2021 Expenses paid on the charity'5 behaw by the parent Grants frorn the European Union Donations received frorn indNiduals Donations received frorn Latin American Children's Trv5f Donations from other in5ticuvon5 Donacion received from pareni Contributed services 124,755 23,370 102,088 25.OOQ 6,482 50,0 4,264 3.812,052 22,341 2,965.201 29,893 4,019.894 3.145,552 The donarions received with resrricrions vns £40.OCQ12021- £1010881. 13

TEACH FOR ALL NETWORK N OTE S TO TH E FI NAN C IAL ST A T EM EN TS Year ended 30 September 2022 Investment income 2022 2021 Intere5¢ income 931 Cort ol ra1￿￿8 lund$ Fundrri5ing acuvities 614,605 647,657 Expenditure on fundraising activities was Whol￿ hjnded by unrestricted fijnds. The expenditure out of restricted funds was £nil12021 £nill. Charitable aetivities Direct act1￿￿e Support costs Total 2022 Total 2021 Grants made ro insrirurions Partner Support 40.000 40.000 3,175.652 2,671,090 1317.851 857,801 1357.851 B57.801 3,215.652 2,711.090 The expendlcure of resrri¢ted fvnds on parrner support Yos £21.585..12021 £26.0151- The expendlcure out of rescri¢ted fvnds on granrs made ro insrlwrkns £40.CW12021- £41.CQOI. Analylls of support and govemance torts The maln charirable activity IS fo PrO￿de suppory ra Network Parrt)ers. The breakdown of support and gevernance Costs is shown below. 2022 20ZI Support cost&. Staff cosrs Lwl and prolesslonal fees Rent Office costs Travel and subslstence Bank charges Entertainment Sundry IT expenses Governance costs: Auditor's remuneration Inote 9) 505.484 82,491 62,774 145.522 28.450 5,392 339 4.504 7,359 394.326 108,028 68,037 119,845 878 5.844 239 1,407 10.519 13,736 11.693 857.801 720.816 Suppon costs are all¢xated based on sraff ome based on the bL*et manager's assessmenr of where they expect the indiwdual to focus rheir rime. Govern3nce costs are all allocated ro charitable aCu￿￿e5. 14

TEACH FOR ALL NETWORK N OTE S TO TH E FI NAN C IAL ST A T EM EN TS Year ended 30 September 2022 Auditorfs remuneration 2022 2021 Fees payable ¢0 the charity's auditor for the audir of the thariW5 financial st3￿ments Fees payable co the charity's auditor for other serrices Tor21 8,995 4,741 8,460 3.233 13.736 11.693 l O. Trustee5' remuneration No Trustee received remuneration or reimbursemenr of expenses during the period. I l. An￿y$ll ol staff Costs Salaries and wa8e5 Pension costs Social security costs Health insurance Training and development Other benefits 2,683.459 103,333 446,056 56,162 19,032 3,517 2.433,477 94,634 367,872 56,895 3,653 3,311.559 2.975,242 The average monthty number of full-time equNaJent enyloyees {induding cas￿￿ and part-time staffj during the year was 3712021- 2SI. The key management 01 che per$0nnel of the charify comprise tht Trnste¢s. the Head tsf People, Organisatlon and Culture. the Global Head of Technology and lTrnoYauon. the Global CoThsulranr and rhe Head of Afric2 Region. The total employee benefirs of the key managemeni personnel ol the chanw were (453,65812021 £479,967). The number ol employee5 whose emoluments were in excess of £60.￿0 during the year was.. 2022 Number 2021 Number £60,001- C70,C#)O £70,001 180,000 £80,001 £90,000 £90,001 LI 00,000 £ioo.ts)i £1 10.ooo £1 lo,￿1 £120.000 £120.￿11 £130.000 £130.(K)1 £140.000 £140.(K)I - £Iso.000 £Is0.￿l- £160.0 20 12. Taxatlon Teach For All Network is a registered tharity and as Such is exempc from tax on its income to the extent this 15 applied for charioble purp05e5. 15

TEACH FOR ALL NETWORK N OTE S TO TH E FI NAN C IAL ST A T EM EN TS Year ended 30 September 2022 Debtors 2022 2021 PrepayThents Other receivable Grants receivable Other debtors 256,677 20,533 88,921 250 27.976 12.750 91.415 366.381 132,141 Contingent asset5 At the Balance Shee¢ date, the tharity had recO￿lSed C100.OW of a £150.LK4) grant subject to performance related condivons. The second instalm•it was received ifi November 2021 and the third ifisdment is due in September 2022. 14. Cash at bank Current account 174,200 Credltor&' amounts falllns due wlthln one year Accruals Other creditors 116,468 121,866 132.918 2H,632 238,334 Llablllty of members The charity 15 lirnited by guarantee and has no Share capital. The Mernorandurn of Association provides that the parent company is liable to contribute a Sum no¢ exceeding £100 in the even¢ ol the charity being wound up. Funds Unrestrlcted funds - comprises the undisiribuied income d the charity which the Tru$tee$ are free ro use In ctordantÈ with rhe tharity's obietiives. Restricted funds- comprise5 donatlons made in order to fvnd the acuvives of network partners based over5ea5. Restricted fund5 of £nil12021 1102,088} were received in order to 5UPPOrt the activiiie5 of Teach For Bulgaria, a network partner. The assets of the charity are divided as follows.. Unrestricted Fund Restricted Fund Total Cash 2nd cash equiv21enrs Debtors Credirors 102.049 277.460 1244.6321 9,799 88.921 366.381 1244.6321 233,597 134,877 98,720 16

TEACH FOR ALL NETWORK N OTE S TO TH E FI NAN C IAL ST A T EM EN TS Year ended 30 September 2022 Categorisation of financial instruments 2022 2021 Financial liabilitie5 measured at amorused cosr 132,918 121.867 Related party trnnsactlons During the period the charity received donatyons of £6,48112021 £25.iXXII without condition5 from its Tru5tses. Teach For All. Inc. Iparent company) provided working c2piDI and paid eyenses on behalf ol the charity cotalling £3,936,80712021 £2,98&571). 20. Re¢on¢lllatlon of n¢¢ movement In fvnds ¢0 net cash flow Irom operatlng a¢tlvltle$ 2022 2021 Ner movement in funds Deduct income from invesrmeTrts (Decreasellincrease in creditor5 Ilncreaselldecrease in debrors 165.589 (224,036} 6.298 35,707 1234.2391 (107,718} Net cash used In opernring a¢¢ivities 163,2831 {296.048} Control The charity's Immediare and ulrlmare pare*7t is Teach For All. Inc.. Intorporydted In the USA wlth relsiratlon number 262122566. whose principal purpose is rhe pro￿S1On of ￿hnical assistance and strategic experrise EO local enterprises engaged in building the movemenr to end educational inequality. Tea¢h For All, In¢. has the ptywer f¢ apwnf or remove the majority of Tru$rees. The most senior parent ent￿1 producing pubh'cally available financial statements is Teach For All. Inc. These financial statements are available upon request from Teach For All. Inc.. 25 8roaa%yay. 12 Floor, New YorL NY 10004, US 17