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2025-03-31-accounts

REGISTERED CHARITY NUMBER: 1151526

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE SOCIETY OF MEDIATORS

13, Wall Park Road, Brixham, Torbay, TQ5 9UE

THE SOCIETY OF MEDIATORS

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 11
Detailed Statement of Financial Activities 12

THE SOCIETY OF MEDIATORS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

The Trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The Trustees have adopted the provisions of 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) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

The Society exists worldwide to:

Summary of Activities in 2025

Overall - the Society exceeded expectations in 2024 2025 and is delighted to report that the highlights included:

Page 1

THE SOCIETY OF MEDIATORS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

OBJECTIVES AND ACTIVITIES - continued

FINANCIAL REVIEW

Income:

Total income was £377,962 (2024: 257,058) an increase of £120,904 (47% increase) Total expenditure was £378,819 (2024: £254,420) an increase of £124,399 (49% increase) Included in the above:

Membership Income: £25,610 (2024: £22,633) an increase of £2,977 (13% increase)

Expenditure:

The mediation and training courses fee costs are initially charged to 218 Strand Ltd and then a recharge is made to TSOM.

The net income less expenditure for the year ended 31st March 2025 is breakeven - a small loss of £857

The Balance Sheet (Page 6) has not significantly changed, with total fund reserves as at 31st March 2025: £43,277 (2024: £44,134)

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Deed of Trust dated 2013, with a comprehensive ten-year review underway at present which will be presented to members at the 2026 AGM. Lead on this is by Anthony Airey. The charity is managed by a Board of Trustees who oversee strategic direction, risk management, and the appointment of mediators. The Board meets regularly and is very active in developing new ideas and maintaining existing commitments. The Society and its Trustees are proud to have more than met and developed its objectives and activities but to have become a world thought leader in mediation development.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1151526

Page 2

THE SOCIETY OF MEDIATORS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

REFERENCE AND ADMINISTRATIVE DETAILS - continued Principal address

The Society of Mediators Fourth Floor 218 Strand London WC2R IAT

Trustees

R Sandhu N Cleaver A Airey E Tack M Medforth A Agbeze A Ogbomo A Fletcher D Ingle J Mulrooney K Ealey J Hodge T Ghose (Resigned 15 October 2025) D M Cawdell-Trew (Resigned 15 October 2025)

REFERENCE AND ADMINISTRATIVE DETAILS - continued Independent Examiner

Bagborough Accountancy Chartered Accountants 13, Wall Park Road Brixham Torbay TQ5 9UE

Approved by order of the board of Trustees on 23 January 2026 and signed on its behalf by:

Ruby Sandhu – Trustee (Chair of The Trustees)

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SOCIETY OF MEDIATORS

Independent examiner's report to the trustees of The Society of Mediators

I report to the charity trustees on my examination of the accounts of The Society of Mediators (the Trust) for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Michael January BA FCA Fellow of the Institute of Chartered Accountants in England and Wales Bagborough Accountancy Chartered Accountants 13, Wall Park Road Brixham Torbay TQ5 9UE

23 January 2026

Page 4

THE SOCIETY OF MEDIATORS

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

2025 2025 2024 2024
Unrestricted fund Unrestricted fund
Notes £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 25,610 23,233
Other trading activities 2 352,277 233,825
Investment income 3 75 -
Total 377,962 257,058
EXPENDITURE ON
Raising funds 365,015 247,125
Charitable activities
Governance costs 13,804 7,295
Total 378,819 254,420
NET INCOME/(EXPENDITURE) (857) 2,638
RECONCILIATION OF FUNDS
Total funds brought forward 44,134 41,496
TOTAL FUNDS CARRIED FORWARD 43,277 44,134

The notes form part of these financial statements

Page 5

THE SOCIETY OF MEDIATORS

BALANCE SHEET 31 MARCH 2025

2025 2025 2024 2024
Unrestricted fund Unrestricted fund
Notes £ £
CURRENT ASSETS
Debtors 54,249 67,371
Cash at bank 6 8,188 4,647
CREDITORS 62,437 72,018
Amounts falling due within one year 7 (19,160) (27,884)
NET CURRENT ASSETS 43,277 44,134
TOTAL ASSETS LESS CURRENT
LIABILITIES 43,277 44,134
NET ASSETS 43,277 44,134
FUNDS
Unrestricted Funds 8 43,277 44,134
TOTAL FUNDS 43,277 44,134

The financial statements were approved by the Board of Trustees and authorised for issue on 30 January 2025 and were signed on its behalf by:

Ruby Sandhu – Trustee (Chair of The Trustees)

The notes form part of these financial statements

Page 6

THE SOCIETY OF MEDIATORS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.

3.

OTHER TRADING ACTIVITIES

Mediation courses
Other revenue
INVESTMENT INCOME
Deposit account interest
2025
£
351,439
838
352,277
2025
£
75
2024
£
233,825
-
233,825
2024
£
-

Page 7

THE SOCIETY OF MEDIATORS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no Trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

Some Trustees are reimbursed for expenses, travel, accommodation, photocopying, books, exam and assessment fees, room hires, and costs throughout the year, in year doing work of the society - mainly on free courses or mediations. Disclosure of these amounts can be seen in the Related Party Disclosures not to the financial statements.

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 23,233
Other trading activities 233,825
Investment income -
Total 257,058
EXPENDITURE ON
Raising funds 247,125
Charitable activities
Governance costs 7,295
Total 254,420
NET INCOME/(EXPENDITURE) 2,638
RECONCILIATION OF FUNDS
Total funds brought forward 41,496
TOTAL FUNDS CARRIED FORWARD 44,134

Page 8

THE SOCIETY OF MEDIATORS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

6.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
VAT
7.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Other creditors
VAT
Accruals
8.
MOVEMENT IN FUNDS
At
01.04.24
£
Unrestricted funds
General fund
44,134
TOTAL FUNDS
44,134
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
377,962
TOTAL FUNDS
377,962
2025
£
16,250
37,999
-
54,249
2025
£
827
1,160
1,291
15,882
19,160
Net
movement
in funds
£
(857)
(857)
Resources
expended
£
(378,819)
(378,819)
2024
£
29,372
37,999
-
67,371
2024
£
827
1,160
3,083
22,814
27,884
At
31.03.25
£
43,277
43,277
Movement
in funds
£
(857)
(857)

Page 9

THE SOCIETY OF MEDIATORS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

8. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Comparatives for movement in funds
Net
At movement At
01.04.23 in funds 31.03.24
£ £ £
Unrestricted funds
General fund 41,496 2,638 44,134
TOTAL FUNDS 41,496 2,638 44,134
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds Incoming
resources
£
Resources
expended
£
Movement
in funds
£
General fund 257,058 (254,420) 2,638
TOTAL FUNDS 257,058 (254,420) 2,638
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds At
01.04.23
£
Net
movement
in funds
£
At
31.03.25
£
General fund 41,496 1,781 43,277
TOTAL FUNDS 41,496 1,781 43,277
A current year 12 months and prior year 12 months combined net movement in funds,
included in the above are as follows:
Unrestricted funds Incoming
resources
£
Resources
expended
£
Movement
in funds
£
General fund 635,020 (633,239) 1,781
TOTAL FUNDS 635,020 (633,239) 1,781

Page 10

THE SOCIETY OF MEDIATORS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

9. RELATED PARTY DISCLOSURES

The charity operates from a premises at 218 The Strand, London. The charity has a service agreement with 218 Strand Limited to sub-let rooms at the property. This is done on an arms length basis to third parties, and the rent received by the charity is then passed to 218 Strand Limited. 218 Strand Limited then donates to The Society of Mediators.

This allows the charity to have:

  1. Infrastructure provided risk free

  2. Very little financial risk

  3. A valuable income stream within minimal investment

218 Strand Limited is primarily controlled by Mr J C Dingle, who is also a honorary CEO of the charity. The Trustees believe that the arrangement is in the best interest of the charity as it allows the charity to continue raising funds. Mr J C Dingle underpins both 218 Strand Limited and the charity.

Some Trustees are reimbursed for expenses, travel, accommodation, photocopying, books, exam and assessment fees, room hires, and costs throughout the year, doing the work of the society - mainly on free courses or mediations. These are not payments for being a trustee of the charity, but rather re-imbursement of costs for the various courses throughout the year.

J Dingle 2025
£
-
2024
£
947

Page 11

THE SOCIETY OF MEDIATORS

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

2025 2025 2024 2024
Unrestricted fund Unrestricted fund
£ £
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable and political donations - 600
Membership subscriptions 25,610 22,633
Other trading activities 25,610 23,233
Mediation courses 351,439 233,825
Other revenue 838 -
Investment income 352,277 233,825
Deposit account interest 75 -
Total incoming resources 377,962 257,058
EXPENDITURE
Other trading activities
Other expenses 277,387 168,205
Advertising and marketing 1,201 1,954
Rent - 2,653
Other 3,750 947
Tutor fees 82,677 73,366
Support costs 365,015 247,125
Management - 29
Insurance 530 1,472
Subscriptions 273 -
Accountancy 3,480 1,499
Consultancy 1,500 -
Finance 5,783 3,000
Bank charges 7,915 4,258
Information technology
Website development 106 37
Total resources expended 378,819 254,420
Net expenditure (857) 2,638

This page does not form part of the statutory financial statements

Page 12