Registered number: 08489497
Charity number: 1152353
THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
*ABII054ft"
01104r2022
COMPANIES HOUSE
Alo

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company lirnited by guarantee)
CONTENTS
Page
Reference and administrative detsils of the Cofflpany. its Trnstees and adviser5
Trustees. report
Independent examinerfs report
Staternent of financial activities
10
Balance sheet
12-13
Ststernent of Cash flows
14
Notes to the Ilnanclal statements
15-30

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES ANO ADVISERS
FOR THE YEAR ENDED 31 JULY 2021
Trustees
Mr W Downes, Chair Iresb3ned 28 Novemter 20201
Ms Z Zwerzchowska
Ms E Moekel
Ms M Monro
Mr J Apextegia Irestgr*d 1 April 2021)
Ms S Tumer
Ms L Herman
Ms B Moulang. Treasurer
Ms C J Easty. Chair appointment 28 November 2020
Mr M Harris
Mr P Lametsdorf (appointed 28 November 20201
Company registered
number
08489497
Charity registered
number
1152353
Reglstered office
The Sile
24 Chosen View Road
Chellenham
England
GL519LT
Chlef exe¢utlve officer
Mts J Parker-mowbray
Accountants
Regulatory Aud
Vicarage Coiirt
160 Ermin Street
Swindon
Willshire
SN3 4NE
Bankers
8arclay3 Bank PIC
Beaufort Square
Chepstow
Monmoulhshire
NP16 5XL
Page 1

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 JULY 2021
The Trustees present their annual report l¢)Jether wth the financial statements of the Company for the year year
1 August 2020 10 31 July 2021. The Annual report serves Ihe purposes of both a Truslees. report and a directors,
report under company law. The Trustees confim) that the Annual report and finanGial statements of the
haritable company comply with the current statutory requirements. the requirements of the charitable companys
governing document arKJ the provisions of the Slalement of Recommended Practice {SORP) applicable to
charities preparing their accovnls in accordance wbth the Financial Reporting Siandard applicable in the UK and
Republic of Ireland {FRS102} {effective 1 January 20191.
Since the Company qualffies as small under seclion 382 of the Companies Act 2006. the Strategic report
required of medium and large Companies under the Cornpanies Act 2006 (Strategic Report and Dire¢tors'
Report) Regulations 2013 has been omilled.
ObjgCtive$ and activitie$
. Policies and objectives
The Trustees have considefed the Charity Commission's guidan￿ on Public Benefit along wrth their duty in
respect of section 17{5} of the Chanties Act 2011 in respect of Public Benefit and whilst needing lo manage ils
finances responsibly and effeclivdy. In 2020r21 the Suthedand Cranial College of Osteopathy Limited ISCCO)
reviewed ils various policies in place lo help students afford courses. and both widened the eligibility criteria and
increased the value of new graduate discounts for Module 2 courses from £150 to £250 and more than doubled
the number of 50% scholarships to a totsl of ten for Module 2. This resutted in a lolal of £30,000 (£16,640 in
20191201 being made available to support new graduales. A fund of £8,000 was made available lo SCCO
Fellows allowing them lo receive a 25% reduction in the cost of any p￿￿0V$1Y attended Pathway course. lo
encourage our Fellowship to revisit and update their knOw￿dge alongside our newer stLKlents, giving a total of
£38,000 (£24,640 in 2019120) ￿]r￿J m*Je available lo sludents lo assist wilh course fees. The SCCO has
continued to recognise the achievements of new graduates Ihrough the sponsotship of the Rising Star Awards at
the virtual Insliiule of Osleopalhy ConVen￿)n.
b. Strategies for achieving objectives
The objeclives of the SCCO are to advan￿ the further education and training of graduates and undergraduates
and persons other%*ise qualified in osleopathy. mediane. dentistry and related arts and sciences. In particular
(bul without prejudice lo the generality of the foregoing) by promoting and leaching the principles of osteopathy
as Con￿1ved by Andrew Taylor Still aryj developed by William Gamer Sutherland, disseminating a general
knowledge of the philosophy of the Iherapeuti¢ indications for osteopathy in the cranial field, encouraging
physicians and stimulating continued study for greater proficiency in the wactice of osteopathy in any manner
considered appropriate in the absolute discretion of ihe Truslees.
Page 2

THE SLifHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA company limited by guaranteg)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2021
Oblectives and acllvltles Icontlnuedl
c. Activities undertaken to achieve obiectsves
The activities undertaken in 2020121 in support of rts objectives include running 13 post graduate courses across
the UK and in Germany. including 3 paedialric Coufses. 1 short course. and faculty development events. Due
to Covid19 il was not possible to run the 2 courses planned for Spain. In order to continue to promote the
Fmnciples of cranial osteopathy during at a time then Covid19 reslricb.ons prevented face lo face courses. the
SCCO has provided sludenls with on line training courses. focus groups. Pre-￿COrded videos and social media
plattorms, all of which have been well received and supported.
The SCCO has historically provKled financial support for research actiwties inlo osleopalhy in the cranial field.
however against a background of limited opportunth.es for researeh during the pandemic and an uncertaln
financial posrtion the dectsion was taken lo not fund research for this period.
hi•vements and perforniance
a. Main achlevements of the Company
The SCCO continues to athmnce further education needs of graduate osteopaths. fulfilling the need by the
development of 8 pathway of learning. leading to POsl%raduale qualrfications in 05teopathy in the cranial field.
This, combined with the further provision of short courses and the Pedialrics Osleopalhic Diplomas programme
has advanced osteopathic education and providing Continuing Profession Development for qualified osteopaths.
Covid19 prevented many face to face courses. The SCCO responded by prowded students with on line training
courses where possible. and gave open access to prerecorded videos which benefitted a wide audience.
The Charitys funds have been consistently apFdied in furthering these charilabbe acttvibes.
Page 3

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA company limited by guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 JULY 2021
hievem8nts and perfomiance {continued)
b. Key perforrnance indicator5
The Trustees meet once a year to plan and review Ihe acbvilies wthin the strategic plan and agree key
performance indicators IKPlsl by %thich performance against rts strategic objectives can be measured. KPIS are
sel lo measure performance in four areas.. our customers (students and members), our people (Trustees. faculty
and stsff). finance and governance, and marketing, communications and research. Performance against the
KPI largels is rewewet1 al each of Ihe four Trustees meelirwJs a year, alongside the CEO'S report against
compliance with key legal and regulatory requirements for the educational and charitable sector. Trustees
approve the annual budget at the slart of each year. and throughout the year financial performance is monitored
against this and compared lo income and expenditure for the prewous year.
KP15 were set against the background of the pandemic, and at a time when it l¢xJked likely that courses may
resume, all be il wlh social distancing restrictions and therefore limited student nurnbers. This was the case for
the period of September lo November. however re9ulalions then came into effect that Pfevented face to face
course until April 2021. Travel restrictions grealjy impacted on overseas ￿urSeS throughout the year, with UK
Faculty unable to travel to Gemany and Spain to nJn courses.
The KPI for the number of courses ltsrget 23. achieved 13) and students (target 600. achieved 3411 were not
achieved for the reasons gNen above. Therefore. financial performance vthin the quarterly projections for the
last three quarters of the year and those set by the annual budgel at Ihe start of the year were not achieved.
Howèver, largels for membership ltsrgel 650 achieved 6671 and Fellows Itarget 150 achieved 164) were all
exceeded, as was the 100% target for good or excellent student satisfaction in sludent feedback surveys for the
courses that were able to go ahead. ￿￿th 99% of SCCO courses that ran being rated good or excellent. and all
individual courses exceeding the target of 90% beir¥J rated good or excellent.
Two of the five courses for whith re￿ntlY qualffied students receive bursaries and scholarships were cancelled
due lo Covid19 reslriclions. and those that v*re able lo run had significantly reduced student numbers due lo
social distancing regulations. This resutted in only £7.148 of the £30.000 scholarship and bursary funding and
none of the £8.000 Fellows bursary funds being lakeD up. and 0.96% of financial reserves awarded in respect for
student support against a target of 4.&5.5%. Students who were awarded scholarships and bursaries for
cancelled courses wll be able to carry these awards forward lo the next year in addition to the new allocations
approved for 2021120 courses. Overall the number of students studying wlh the SCCO for the first time as
percentage of overall students vthho attended courses in Ihe year fell sl4ghlly to 300/0133% in 2019120).
Page 4

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA company limited by guardnteel
TRUSTEES. REPORT ICONTINUED)
FOR THE YEAR ENDED 31 JULY 2021
Achievements and perforniance Iconlinued}
c. Factors relevant to achleve oblectlves
The SCCO ran 13 courses in 2020121. attended by 341 students_ This is a decrease of 56 over last year, and
considerably less than the 6(KJ plus students 5¥ho have attended courses in prevtous years. These reductions
are the result of Government resliictions due to the Covid19 pandernic. which have resulted in course
cancellations and reduclions ￿ student nufflbers being able lo attend those that have gone ahead. Travel
restrictions have also caused disrupti¢Ms for both students wishing to travel to the UK lo attend Courses and
faculty travelling lo leach. Work a rounds have been implemented wherever possible. examples being a totally
Geman Faculty running a M2 course in Gemiany for the first time. ort-line Pediatrics Diploma courses, and
changes lo the short course prograffl lo allow topical and needed forums to address the treatment of post viral
patients. Additionally. on line vmleos. student focus groups and increased activity on college social media sighls
has kept students informed and in louch. The SCCO office team have worked from home throughout the year.
using IT lo remote dial into all office system5. only visibng the office in person when unable lo work from home.
The SCCO was unable to complete the nornial round of visits to undergraduate colleges. bul instead provided on
line interaction via college on line events_
Brexit presented some challenges to the col￿e. mainly due to the lale confirmation of data proleclion
regvlalions, customs systems and the lack of information in respect of visas for Faculty Iravelling to the EU from
1 January 2021. The SCCO sought leg81 advice and obtained Gemian Government waivers for SCCO Faculty
travelling to both North and South Gefmany to teacher on behalf ol the SCCO, which wll avoid the cost of visas
and the disruption involved in obtaining them. however. the rJJrrent Sbtualion is that visas will be required for
Faculty travelling to Spain.
d. Inveslment policy and perfom)ance
The Trustees consider it is thwr responsI￿'11ty to ensure that the Charities resew are protected and that
Sur￿￿$ funds are invested wrthin a fund Nthose social and ethical policies mirror those of the Charity. On this
basis the Charity invests any surplus funds within the COIF Charities Investment Fund Income Units. In May
2021 £50.000 of shares were sold. in order to repay in full the Covid19 Bounce back loan laken out at the start of
the pandemic. The loan allowed sufficient cash flow lo reimburse students for Call￿11ed courses at the start of
the pandemic vlrthout having to sell shares at a lime ￿en their market value was low, and ensuring maximum
dividend Teturns of £22,52312020.. £20.9041 . The value of the investrnent on 31 July 2021 was £788.296 {2020.
£721.541}. this resulted ￿ a ￿eld of 9.30A capital gro¥th for the Jear 12020.. 9.70KI plus 2.9% dividends
{2020'.2.9%1, a total yield of 12.Yh12020'. 12.6%).
Flnancial rgview
a. Going Concem
Whilst the pandemic has restricted both the number of courses and the number of students 8ble to attend
courses the SCCO has continued to provide face to face courses when regulations have allowed. and on line
training ￿￿ereVer possible Sthen allematives were required. Looking forward. during the next 12 months we will
be running more courses than ever before. to meet a baeklog of demand. Bookings are high. and feedback
confimis the College is meeting the standards expected by its students. The SCCO will ￿ntinUe lo apply a policy
of Tefunding in full any student who is unable to attend a course due lo Government reslriclions, which has been
key lo maintaining student confidence and course bookings. The SCCO is in a rotrtjst financial position in having
unrestricled funds of £649,999 ensuring there are sufficient funds for the SCCO lo continue lo operate for the
foreseeable future and to continue to SUPF*Xt its charitable aims.
Pag8 5

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA company limmed by guarnntee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENOED 31 JULY 2021
b. Resèrves policy
It is th8 policy of the charty to maintain unrestricted funds. which are free reserves of the charity. at a level which
equates to no less than approximalely one year of general ovethead expendrture which is currently £180,000
after the costs of course provision. This provides sufficient funds to cover management and adminislralion and
support costs. Our reserves also provide a contingertcy fund of £50.000 lo cover redundancy and cancellation
contracts if for any reason we are unable lo continue lo operate allowing us lo meet any current and on-going
In 2021120 the charity has commitied lo investing surplus inlo charitable support and bursaries for elHJible
students including its Fellow5, development of its Faculty, funding of osteopathic research and to fund the finally
year of the educational review. We are predicting a deficit budget for 2021122 of £71.390, of which £88,040 is
eharitable support. This is based upon eareful consideration of the SCCOS favorable funding position and the
need lo support both SCCO students and vAder osteopalhy. in particular research. after a particularly difficult
period. The remaining unrestricted funds are held for the ftEnding of future developments including the funding of
education and research projects and the completion and implementation of the educational reV￿w.
Total funds al the year end were..
Unrestricted- £649.999 Restncted- £760
c. Principal funding
The princip81 source of fundirwJ for the chanty is the sludenl fee income. It also has a paid for Membership and
Fellowship scheme for osleopalhs successfulty complete qualfy'ng courses and case study assunmenls.
The financial slatements have been prepared for Ihe year ended 31 July 2021. Investment dividends produced
gains of £22.523 bul the requirement lo cancel courses resulted in costs exceeding income with a year*nd
operating deficil of £115.866 which is Ihe second time in six years the charity has not achieved a surplus
operating income at year erKI.
Structure. governance and management
. Constitution
The Sutherland Cranial College of Osteopathy Limtted is Teg15tered as a charilable company limited by
guarantee and was set up by a Trusl deed on 10 June 2013.
The thafity is consbluted under a Trust deed dated 10 June 2013 and is a registered ehanty number 1152353.
The charity was incorporated on 15 April 2013 and commenced trading on that date.
b. Methods of appointment or election of Trustees
Under the constitvtion. the charity shall ew from rts memtrHship a Board of Directors, known as the Board of
Trustees of betsveen three and ten members. The directors shall hold Offi￿ until the conclusion of Iheir term of
office which is three years after their election. They may then stsnd for re-election for a further three years.
Exceptionally a director may be re-elected for one lurther year beyond a six-year term if serving as Chair of the
Boaid. New Trustees are provided w((h coiies of the SCCO constitution. previous Trustee meeting minutes. and
a set of Charity Commission documents on the Role of a Twstee. arKI are required to complete a register of any
interests or loyamies which may confl￿1 them in their role.
Page 6

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA Company limited by guarantee)
TRUSTEES. REPORT {CONTINUED}
FOR THE YEAR ENDED 31 JULY 2021
Structiirg9 governanco and management {￿ntinued1
c. OrganlsalK*nal strncturn and declslon•maklng policies
The charity is a membership org8nis8tion which delegates authority lo an elecled Board of Trustees. The
Trustees are reSponsi￿e for strategy and approv81 and monrtorirrfJ of annual budgets and business plans.
Course content and quality is delegated to an Education Committee. who also make recommendations fow the
selecbon of Course Directors_ The Education Committee reports to the Board. The research agenda is
delegated to a Research Committee that reports to the Board. There are advisory committees for
Communications and for delivery in Gem)any and Spain. The Board of Truslees are supported by a small stsff
team which has authority delegated lo il for Ir4istical planning and delivery of courses. rnarketing and financial
operation up lo a limit of £1.500 after ￿lch Treasurer approval is required.
d. Pay policy for key managernent personnel
The SCCO management pay policy is lo pay more than the living wage for all staff posts. to bench-mark pay for
equivalent posts locally and nationalty and lo maintain staff wages in line 4Mth inflation.
e. Flnanclal rlsk management
The Tnjstees have a duty to identify and review risks to which Ihe charity is exposed. The College r¢sk
register is reviewed and updated as necessary at each Trustees meeting to ensure that appropriate controls are
in place lo provide reasonable assurance again51 a variety of risks_ The key risks remain 1. student numbers
falling and impacting on our income which is miligated by an increased program of charitable support 2. Key staff
leaving, which is miti"galed by maintaining a positive and supportNe work enwronment and good communication
during enforced homeworking and 3. Loss of rec¢JJnition by the regulator, GOSC which is miligaled by ongoing
review our courses against their standards. The risk posed by Bfexrt duriThJ 2020121 w8s considered by Iruslees
and a separate Brexit risk register and contingency plans enswed Ihe SCCO has remained fully operational post
Brexil.
The Trustees continue to assess currenl F*rfOrMan￿ against each of the 7 areas of thg Charities Commission
Governance Code as detailed in the Governance Review CoMp￿ted in April 2019. in order lo further improve
both I￿1r own and wder SCCO perfomiance.
f. Dlssolulion and transfer
The Sutherland Cranial College of Osteopathy (SCCO) is a Charitable Company Limited by Guarantee.
incorporated in April 2013 and receiving charitable regislration in June 2013. There is provision within the Articles
of ASsoC￿li0n. at article 60, that should il be necessary to dissofve the charity, that ils assets after paymgnl of
debts and liabilities shall be transferred to another charitable institution with similar objects lo the SCCO.
Page 7

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY UMITED
IA company lirnited by guarantee
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2021
Plans for future periods
The program for 2021r22 is full, ￿th a total of 27 events. induding 11 UK and 8 German pathway courses. in
addition lo 3 UK short courses, 3 paediatric ¢(wrses, the Rollin Becker Memorial Lecture and workshop, a
conference and Faculty Development events in three counlr*s. Govemmenl iegulations in Germany regarding
social dislancing wll limit the number of places available on Gemian courses, bul it is hoped thal UK courses will
run at pre pandernic student numbers. Future bookings are good and students are keen to attend face to face
courses again.
In order lo assisl students. course fees wain unchanged. and the bursary and scholarship increases
intrthyuted at the start of 2020 viill remain in place.
The SCCO wll resume rts support of cranial osteopathy research activities in 2021. and will fund research into
the effect of osleopalhic Ireatmenl of new mothers. in particular their views on the effect of treatment on Iheir
postnatal well-being. which is being carried out by the Babycheck project in Bath.
The SCCO is also eX￿orIng the opportun.rty of funding Paediatn"c clinics. which would gwe clinical experience to
SCCO Paediatric Diploma sludents. and inC￿Se public aC￿S lo cranial osteopathic treatment.
Although Covid19 has delaFd some ol the work of the Educalional Review project team. the Trustees have
received regular reports and outputs. which have informed strategic planning. particjjlarly in respect of course
delivery via an wrtual leaming environment in the fuiure.
Page 8

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2021
Statement of Trustees. responsibilit•es
The Trustees {¥tho are also the directors of the Company for the purposes of company lawl are responsible for
preparing the Trustees, report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United lQngdom Generalty Accepted Accounting Practice).
Company law requires the Tnjslees to prepare financial statements for each financial year. Under company law,
the Trustees must nol approve the financial statements unless they are satisfied that they give a true and fair
view of the slate of affairs of the Company and of ils incoming resources and application of resources, including
ils income and expenditure, for that period. In preparing these financial stalemenls. the Trustees are required lo..
seleet suitable accounting poli￿ and then apply them consistenuy,
observe the methods and principles of the Chanties SORP IFRS 102)"
make judgmenls and accounting estimates that are reasonable and prudenl-
slate ¥thelher applicable UK Accounting Standards IFRS 102) have been followed. subject lo any rnalerial
departures disdosed and explained in the financial statements.
prepare the financial ststements on the going concem basis unless it is inapprosxiate lo presume that the
Company will Continue in business.
The Trustees are responsible for keeping adequale accountiTrJ records that are sufficient to show and explain
the Companws transactions and disdose with reasonable accuracy al any lime the financial posi(ion of the
Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They
are also responsible safeguarding the assets of the Company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities_
Approved by order of the members of the board of Trustees on
and signed on their behalf by.
9411, I￿1
MsCJEasty
(Chair of Trustees
Page 9

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A e¢)mpany limited by guarantee)
INDEPENDENT &WalNER'S REPORT
FOR THE YEAR ENDED 31 JULY 2021
Independent Exarninerfs Report to the Trustees of The Suthefland Cranial College of Osteopathy
Limited I'the Compan￿)
I report lo the charity Trustees on my e￿lMination of the accounls of the Company for the year ended 31 July
2021.
Responslbillties and Basis of Report
As the Trustees of the Company (and its directors for the purwses of company law) you are responsible for the
preparation of the accounts in accordance ￿￿th the requirements of the Companies Act 2006 {'the 2006 Act'l.
Having salisfied myself that the accounts of the Company are not required to be audtted under Part 16 of the
2006 Act and are el*3itrAe for independent examination. I report in respect of my examination of the CompanWs
accounts carried out under secb.on 145 of the Charities Act 2011 Ilhe 2011 Acl'l. In ca[￿ng out my examination
I have followed the Directi￿$ given by the Charity Commission under section 14515)Ibl of the 2011 Act.
Independent Examinerfs Statement
I have completed my examination. I confimi that no matters havé come to my attention in connection with the
examination giwng me cause to believe..
accounting records were not kept in resK*ct of the Company as required by section 386 of the 20C￿ Act.
or
the accwnts do rKIt accord with those records: or
the accounts do not comply wth the accounting requirements of section 396 of Ihe 2006 Act other than
any requirernenl that the accounts give a Irue and fairf view thich is not a matter considered as part of
an independent examination., or
the accounts have not been prepared in accordance wth the methods and principles of the Statement of
Recommended Practice for accountiThJ and reporting by charFbes lapplicable lo charilies preparing their
accounts in aeeord8nce wth the Financk41 Reporting Standard applicable in the UK and Republi¢ of
Ireland IFRS 10211.
I have no cOn￿rn$ and have come across no other matters in connection th the examnalion to which
attention should be drawn in this report in order to enable a WOFer understanding of the ￿)Unts to be reached.
This repcKt is made scAely to the Compansls Trustees, as a body, in accordance ￿th Part 4 of the Charits'es
(Accounts and Reports) Regulats"ons 2008. My work has been undertaken so that I mNJhl slate to the Cofflpanls
Trustees those matters l am required lo state to Ihem in an Independent examinerfs report and for no olher
purpose. To the fullest exlent permffted by law. I do not accept or assume responsibility lo anyone other than the
Company and the Companys Trustees as a body. for my work or for this report.
Signed-
Dated.. ulILl￿z1
Robert Stokes
For and on behalf of Regulalory Audst
FCCA, ACA
Vicarage Court
160 Emiin Slreel, Swindon SN3 4NE
Page 10

ThE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES IINCORPOFiATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 JULY 2021
Restricted Unrestricted
funds
funds
2021
2021
Total
funds
2021
Total
funds
2029
Note
Income from:
Donations and legacies
Charitable activities
Investments
343
374,453
20.904
220.899
22.524
220,899
22.524
Total income
243.423
243,423
395. 700
Expendi￿re on:
Charitable activities
359,289
359,289
482,521
Totsl expenditure
359.289
359.289
482.521
Net expenditure before net
gainslllossesl on investments
Net gainslllossesl on inveslments
1115.866)
115,603
1115.8661
115,603
(86.821)
(6.249)
Net movement in funds
1263)
{2631
{93,070J
Rgconclllation of funds:
Total funds brought forward
Nel movement in funds
760
650262
1263)
651.022
1263)
744,092
{93,070J
Total funds carried forward
760
649,999
650,759
651,022
The Statement of Financial Activities includes all gains and losses reccgnised in the year.
The nolas on pages 15 to 30 form pwi of these financial stalements.
Page11

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA cornpany limited by guarantee)
REGISTERED NUMBER: 08489497
BALANCE SHEET
AS AT 31 JULY 2021
2021
2020
Flxed assets
Tangible assets
Investment5
10
2.483
787.144
8,019
721.541
789.627
729,560
Current asyts
Debtors
Cash at bank and in hand
12
7.236
56.799
2,217
78. 104
64.035
80.321
Creditors.. amounts falliro due wthin one
year
13
1202.903)
(118.859J
Net current Ilabllllles
1138.868)
(38.538)
Total assets less current liabilities
650.759
691.022
Creditors.- amounls falling due after more
than one year
14
(40,000)
Net assets excluding pension asset
650,759
651,022
Total net assets
650.759
651,022
Charity fvnds
Restricted funds
Unrestricted funds
16
16
760
649.999
650,262
Total funds
650.759
651,022
The Company was entided lo exemption from audit under sectK)n 477 of the Companies Act 20(￿.
The mefflbers have riot required ihe company to oblain an a￿111 for the ￿ar in question in accordan￿ wilh
section 476 of Companies Act 2006.
The Truslees ackn04￿d9e their reSF0ns￿II1ieS for complying with the requirements of the Act respect to
accounting records and preparation of financial slat8ments.
The financial statements have been prepared in accordance wjth the provisions applicable to entities subject to
the small companies regime.
Page 12

THE SUtHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
REGISTERED NUMBER: 08489497
BALANCE SHEET {CONTINUED)
AS AT 31 JULY 2021
The financial
slalemenls were aFproved and authori5ed for
Issue
by the Trustees on
and signed on their behalf by_
/11 /2oZI
MsCJEasty
(Chair of Trustees)
s B Moulang
(Trustee)
The notes on pages 15 10 30 fomi part of Ihese finan￿al stalemenls.
Page 13

THE SiITHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 JULY 2021
2021
2020
Cash flows frorn operating activities
N81 cash used in operating activities
{53.309)
(119,988)
Cash flows from investing activitie$
Dwidends, interests and renls from investments
Purchase of tangible r￿ed assets
Proceeds from sale of investments
Purchase of investrnents
22.524
15201
50.000
20,904
(2, 789)
30,t%X)
{100.000)
Net cash provided byl{used inl investin9 activities
72.004
151,885)
Cash flows from financing activities
Cash inflows from new tx)rrovirYJ
Repayments of borrowng
40.000
{40.0001
Net cash {u5ed inllprovided by financing activities
140,000)
40,000
Change In cash and cash equlvalents in the year
Cash and cash equivalents al the beginning of the JEar
121.305)
78,104
1131.873)
209,977
Cash and cash 8quival•nts at th• end of the year
56,799
78.104
The notes on pages 15 to 30 form part of these finar￿la1 statements
Page 14

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A Company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
General infomiation
The Charitable Company. the Sutherland Cranial College of Osteopathy is a lirnited by guarantee
company registered in England & Wales. The registered office is The Sile. 24 Chosen View Road,
CheRenham, Glos GL51 9LT. The principal place of busness is Hawkwood Collge, Painswick Old Road,
Stroud. Glos GL6 7AW. The presentab.onal company is Pound Sterling {£}.
Accounting policles
2.1 8asis of preparatlon of financlal statements
The financial slaternenls have ￿en prepared in accordan￿ wth the Charities SORP IFRS 102) -
Accounting and Reporting by Charities= Slalemenl of Recommended Practice applicable lo charities
preparing their accourts in accordance with the Financial Reporting Standard applicable in the UK
and Republ￿ of Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
The Sutherland Cranial C￿lege of Osteopathy Limiled meets the definition of a public benefit entity
under FRS 102. Assets and liabilthes are initially recognised al historical cost or transaction value
unless otherwise stated in ￿ relevanl accountsThJ FM)Iy.
2.2 Going concern
The Trusl*s are aware of the risks lo the Charitable Company and have been putting plans in place
lo mitigate any risks. The course provision has been adapting to the changing environmenl and this
has been used to eontrol costs. Whifst there remain unCertaint￿S ￿thin the operating environment
the Trustees considef that they are well placed lo move the provision and therefore the goiThJ
concem basis remains appropriate.
Page 15

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA company Ilmlted by guarnntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
Accountlng policies Icontlnued)
2.3 Income
All income is recognised once the c￿npanY has entilthent to the income, it is probable that the
income will be received and the amount of income receNable can be measured reliably.
Gifts in kind donated for distribution are included at valuation and recogni5ed as income when they
are distributed lo the project5. Grfts donated for resale are included as income when they are sold.
Where the donated good is a fixed asset. il is measured at fair value. unless it is impractical to
measure this reliably, in which case the cost of the item to the donor should be used. The gain is
recognised as income from donats.ons and a corresponding amount is included in the appropriate
fixed asset class arvj depreciated over the useful economic life in accordance with the CompanWs
accounling poli￿e$.
On receipt. donaied professional serviees and f8cilrties are recognised on the basis of the value of
the gift lo the Company which is the amount r( would have been willing to pay to obtain services or
facilities of equivalent economic benefrt on the open market,. a corresponding amount is then
re￿gnised in expenditure in the peric4J of receipl.
Income tax r￿0Verable in relation to donakn'ons [￿erved under Gift Aid or dee(ts of covenant is
recognised al the lime of the donation.
Income lax recoverable in relation to investment income is recognised al the time the investment
income is receivable.
2.4 Expendithre
Expenditure is recognised once there ts a *al or eonstruclive oblig8tion to transfer economic benefit
lo a Ihird paty, rt is probable that a Iransfer of economic benefits wll be required in settlement and
the amount of the obligation can be measured rdiably. Expenditure is classrfied by aelNity. The costs
of each aclimty are made up of the tolal of direct cosls and shared costs, including support costs
involved in undertaking each aclivity. Direct costs attributable to a single activtty are allocaled directly
to that adivity. Shared costs which contribute lo more than one activity and support costs which are
not attributable to a single actsvity are apportioned between those activities on a basis consistent with
the use of resources. Central staff costs are allocaled on the basis of time spent. arKI depreciation
char9es allocaled on the porbon of the asset's use.
Expenditure on charitable acliwties is incurred on directly undertaking the activities ￿lch further the
Companys objectives, as well as any associated support Costs.
Grants payable are charged in the Jear 7*then the offer is made except in those eases where the offer
is conditional. such grants being recognised as expendf(ure when the conditions attaching are
fulfilled. Grants offered subject lo conditions wthich have not been met at the year erMI are noted as
commitment. but not accnjed as expenditure.
All expenditure is indusive of irrecoverable VAT.
Page 16

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guaranteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
Accountsng pollcles Icontlnued)
2.5 Tangible fixed assets and depreclatlon
Tangible fixed assets costing £NIL or more are captalised and recognised when future ewnomi
benefits are probable and the cost or value of the asset can t* measured ￿lEably.
Tangible fixed assets are initially recognised at cost. After recognition. under the cost model. tangible
fixed assets are measured al cost less accumulated depreciation and any accumulated impairmenl
losses. Al costs incurred to bring a tangible r￿ed asset into its interKled working Condition should be
included in the measurement of cost.
Depreciation is charged so as to allocate th8 cost of tsngible fixed assets less their residual value
over their estimated useful lives, -
DeFKecialion is prowded on the fol1v￿ing basis:
ant and machinery
25% on Cost
2.6 Investments
Fixed asset investrnents are a form of financial instrument and are initialty recc*3nised at their
transaction cost and subsequently measured at fair value at the Balance sheet dale, unless the value
cannot be measured reliably in which case it is measured al cost less impairment. Investment gains
and losses. whether realised or unrealised. are combined and presented a5 'Gainsl{Losses} on
investments. in Ihe Stsiement of financial activf(w.
2.7 Deblors
Trade and other debtors are recognised at the settbement amount after any trade discount offered.
Prepa￿entS are valL￿d at the amount prepaid nel of any trade discounts due.
2.8 Cash at bank and in hand
Cash al bank and in hand indudes cash and slK)rt-lerm highly liquid invegtmenls wtth a short malurty
of three months or less from the date of acquisition or opening of the ¢Jeposil or similar accounl.
2.9 Liabllilies and provisions
Liabilities are recognised when the￿ is an obligation at the Balance sheet date as a result of 8 past
evenl, it is probable that a transfer of economic benefit wll be required in settlement. and the amount
of the settlement can be estimated reliably.
Liabilities are re￿nised at the amounl that the Company antieipales rt will pay to settle the debt or
the amount it has received a5 advanced payTnents for the goods or Ser￿￿$ il musl provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is malerial. the provision is based on the Present value of those
amounts. discounted at the pre-tax discount rate thal reflects the risks specrfic to the l￿bilitY. The
unwnding of the discount is recognised in the Statemenl of financial activitses as a finance cost.
Page 17

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
A¢¢ountlng policies (continued)
2.10 Financial instrnments
Company only has fnanaal assets and financial liabilities of a kiThJ that qualrfy as basic financial
inslrumenls. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value wlh the exeeplion of bank loans which are subsequently
measured at amortised cosl uwr4J the effective inleresl method.
2.11 Pensk)n$
Company operales a defined contribution ￿nSIOn scheme and the pension charge represents
the amounts payable by Ihe Company to the fund in respect of the year.
2.12 Fund accounting
General funds are unreslrtcled lunds vthich are available for use al the discretion of the Trustees in
furlherance of the general objectNes of the Company and which have not been designated for other
purposes.
Restricted funds are funds whieh are to be used in accordan￿ with specific restrictions imposed by
donors or vthich h8ve been raised by Ihe Company for particular purposes. The costs of raising and
adminislering such funds are charged against the specific fund. The aim and use of each resth'cted
furKI is sel OLrt in the notes to the financial ststements.
Investment income. gains arml losses are alkKated to the appropriate fund.
Income frorn donations and legacies
Restricted
funds
2021
Total
funds
2021
Total
fvnds
2020
Donations
343
Total 2020
343
343
Page 18

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA company limitod by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENOED 31 JULY 2021
Income from charitable activities
Unrestricted
funds
2021
Total
funds
2021
Total
funds
2020
Income fr(￿ Charrtable actbvitses- Course and Membership
Income
220.899
220.899
374.453
Total 2020
374.453
374,453
Investment income
Unrestricted
funds
2021
Total
funds
2021
Tolal
funds
2020
Investment income- other kncal unlisled
22.524
22.524
20,904
Totsl 2020
20,904
20,904
Analysis of expenditure by activities
Activities
undertaken
directly
2021
Support
costs
Total
funds
2021
2021
Course and Membership Income
187.559
171.730
359.289
Page 19

THE siwfHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A Company limited by guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31 JULY 2021
Anatysis of expenditure by activlties qconllnuedl
Activilies
undertaken
directly
2020
Support
osts
2020
Tolal
funds
2020
Course and Membership Income
318.768
163, 753
482,521
Anatysis of direct costs
Course and
Membership
Incorne
2021
Tolal
funds
2021
Total
funds
2020
Course expenses
Advertising and websile costs
176.309
11,250
176.309
11,250
304,206
14.562
187,559
187.559
318.768
Page 20

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantsel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
Analysls of expendlture by activit*s (continued
Analysis of 5UPPOrt costs
Course and
Membership
Income
2021
Total
funds
2021
Total
funds
2020
Stsff costs
Depreciation
Rent,rates and service5
Insurance
Telephone costs
Printing, postage & stalicK)ary
Sundries
Repairs and maintenance
Motor and travel
Bank and credrf( charges
Staff training
Subscriptions
Storage
Computer expenses
Exchanges (gainllloss
Grant paid
Charity supporl costs
Govemanee Costs
74.138
6.056
9,375
2,501
634
1.723
10
83
74.138
6.056
9.375
2,501
634
1.723
10
83
81,625
5,926
5, 625
2,T18
617
1,070
334
132
2,969
9,OTO
1.260
360
4.389
(4.082J
7.305
1.838
11,571
1.321
430
4.029
6.290
1.838
11,571
1.321
430
4,029
6.290
11.040
40.692
11,040
40,692
44.435
171,731
171.731
Indepgndenl examingrfs remuneration
2021
2020
Fees payable lo the Compan￿$ independent examiner f￿ the independent
examination of the Cornpanls annual accounts
Fees p8yable lo the c￿pany￿S independent exwnirEr in resFect of:
All other service5 not induded above
950
825
1,420
1,656
Page 21

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
Staff costs
2021
2020
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
102.869
3.524
3.358
108, 034
3.997
5,207
109.751
117,238
The average number of persons emploJEd by the Company during the Far was as follows..
2021
No.
2020
No.
A(Jrninislration and finar
Course Co-ordinati￿ aThJ marketiThJ
No employee recwved remuneration amounting lo rn0￿ than £60.000 in either Jpar.
Trustees. remuneration and expenses
During the year. no Trustees received any remuneration crf other benefrts (2020- £NIL).
During the year ended 31 July 2021. expenses totall1￿ £1.442 were reimbursed or paid directly to
Trustee (2020- £3.078 to Twsteej.
10. Tangible fix8d assets
.Plant and
machinery
Cost or valuation
At 1 August 2020
Additions
46.321
520
Al 31 July 2021
46.841
Page 22

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
10. Tangible fixed assets (continued
Plant and
machinery
Depreciation
At 1 August 2020
Charge for the ￿ar
38,302
6,056
At 31 July 2021
44.358
Nel book value
Al 31 July 2021
2.483
At 31 July 2020
8.019
11.
Fixed asset investments
Listed
investments
Cost or valuation
At 1 August 2020
Disposals
Revaluations
721.$41
150.000)
115.603
At 31 July 2021
787.144
Net book value
At 31 July 2021
787.144
At31 July 2020
721,541
Page 23

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA company Ilrnited by guaranlee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
12. Debtors
2021
2020
Due wlthln one year
Trade debtors
Prepayments and accrued income
181
2,036
7.055
7.236
2.217
13.
Creditors: Amounts falling due within one year
2021
2020
Trade creditors
Other taxation and social security
Accnjals and deferred income
19.422
1.337
182.144
6,997
1.353
110,509
202,903
It8,859
2021
2020
Deferred income ai 1 August 2020
Resources defened during the year
74,859
104,688
74,859
179.547
74.859
14. Creditors.. Arnounts falling due after more than one year
2021
2020
8ank loans
Page 24

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A Company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
15. Flnanclal Instruments
2021
Flnancial assets
Financial assets measured at fair value through 1￿me and expenditure
56.799
Financial assets measured at fair value through income and ex&Endilure comprise bank cash.
Page 25

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limlted by guannteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31 JULY 2021
16. Ststemenl of funds
Statemenl of funds - current year
Balance at 1
August 2020
Transfers
inlout
Gainsl Balance at
(Losses} 31 July 2021
Income Expenditure
Unrestricted
funds
General Funds-
all funds
Fixed asset
642.243
8.019
243.423
1353233
16,056)
{520)
520
115.603
647.516
2,483
650.262
243.423
(359,289
115,603
649,999
Restricled
funds
Restricted Funds
all funds
760
760
Total of funds
651.022
243,423
1359.289)
115,603
650.759
Page 26

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
16. Stalement of funds (continued)
ststement of funds- prlor year
Balance at
l August
2019
Gain
Balance al
(Losses) 31 July 2020
Income Exrenditur8
Unrestricted funds
General Funds- all funds
Fixed asset
732.519
11,156
392,568
2,789
(476,595)
(5,926)
(6,249)
642,243
8,019
743,675
395.357
(482.521)
(6,249)
650.262
Reslricted ￿ndS
Restricted FuThJs- all funds
417
343
760
Total of funds
744,092
395.700
(482,521)
(6.249)
651.022
17.
Summary offunds
Summary of funds- current year
Balan￿ at 1
August 2020
Transfers
inlout
Gainsl Balancg at
(Losses) 31 July 2021
Income Expenditure
General funds
650.262
760
243.423
{359289)
115.603
649,999
760
Restricted fund5
651,022
243,423
1359,289)
115.603
650,759
Page 27

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company lifflited by guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
17. Summary offunds (continued)
Summary of fvnds - prior year
Balance al
1 Augusl
2019
Gains/
Balance at
(Losses) 31 July 2020
Income Expendilu
General funds
Restricted funds
743.675
417
395.357
343
(482.521)
(6,249)
650. 262
760
744,092
395, Ttxl
(482.521)
(6,249)
651.022
18. Anatysis of net assets bet¥¥een funds
Anatysis of n•t assets between funds - current year
Restricted Unre$tricted
funds
funds
2021
2021
Total
funds
2021
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one sEar
2.483
787.144
63.275
1202.903)
2A83
787.144
64.035
(202,9031
760
Total
760
649.999
650,759
Analysis ol net assets between funds - prior year
Restn¢led Unrestlicted
funds
funds
2020
2020
Total
funds
2020
Tangible fixed assets
Fixed asset investrnents
Current assels
Creditors due within ¢)ne ypar
Creditors due in more than one
8,019
721.541
79.561
(118.859)
(40,000)
8.019
721.54t
80.321
(118,859)
(40.000)
760
Total
760
650.262
651.022
Page 28

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
19.
Reconciliation of net movement in funds to net cash flow from operating activities
2021
2020
Net expenditure for the year (as Statement of Financial Activities)
1263}
f93.070J
Adjustments for.
Depfecialion charges
Gainslllossesl on investments
Dividend5. interests and rents from investments
Increase in debtors
Increasel{decreasel in crethtors
6.056
(115.6031
122.524}
(5.0191
84.044
5,926
6.249
(20,904)
(907)
(17.282)
Net cash used in operating activities
{53.3091 {7 19,988)
Analysis of cash and cash equivalents
2021
2020
Cash in hand
56.799
78, 104
Totsl ￿$h and cash equivalents
56.799
78, 104
21. Analysis of Changes In net debt
At 1 August
2020 Cash flows
At 31 July
2021
Cash at bank and in hand
78,104
(40.000)
121,305)
40.000
56.799
Debt due after 1 year
38.104
18.695
56.799
Pension commitments
The group operates a defined contribution penS￿n scheme. The assets of the scheme are held separately
from those of the group in an indeperKJenlly administered fund. The pension cost charge represents
contributions payable by the group to the fund and amounled lo £nil12020 - £nill were Pa￿able to the fund
at the balance sheet dale and are included in eredrtors.
Page 29

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMrrED
(A company limited by guarnntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
Pension comrnilrnents {continued)
23.
Members. liability
Each member of the charitable company uThJerlakes lo contribute to the assels of the company in the
evenl of it being wound up ￿lIe helshe is a member. or within one year after helshe ceases lo be a
member, such amount as may be required. not exceeding £10 for the debls and liabilities contracted
before helshe ceases to be a member.
24. Related party transactions
The Trustees are qualified lulors who are used to deliver some of the courses. They are femuneraled for
the course delivery and for expenses at the same rate as the other course tutors.
Page 30