Registered number: 08489497
Charity number: 1152353
Sutherland Cranial College
OF OSTEOPATHY
THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
UNAUDITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY UMITED
(A company limited by guarantee)
CONTENTS
Page
Reference and administrative detsils of the Company. its Trustees and advisers
Trustees, report
Independent examinerfs report
Statement of financial acttvities
2-11
12-13
14
Balance sheet
15-16
statement of cash flows
17
Notes to the financial statements
18-32

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY UMITED
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 JULY 2024
Trustees
Ms A Bennett. Tnjstee (appointed 1 December 2023)
Mr D Pontin. Trustee
Ms L Griggs, Trustee
Ms S Tumer, Trustee (resigned 1 December 2023)
Mr N Hayden, Trustee
Ms B Moulang, Trustee
Ms C J Easty, Trustee
Mr M Harris, Twsteo
Mr P Lamersdorf, Trustee
Ms K Brewster. Trustee
Cofflpany registered
number
08489497
Charity registered
number
1152353
Reglstered office
The Site
24 Chosen View Road
Cheltenham
England
GL519LT
Chlef executive officer
Mr5 S M4or
Independent Examiners Regulatory Audit
Vicarage Court
160 Emiin Street
Swindon
Willshire
SN3 4NE
Bankers
Barclays Bank PIC
Beaufort Square
Chepstow
Monmouthshire
NP16 5XL
Page 1

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 JULY 2024
The Trustees present their annual report together wrth the financial statements of the Company for the year 1
August 2023 to 31 July 2024. The Annual report serves the purposes of both a Trustees, report and a directors,
report under company law. The Trustees confirm that the Annual report and financial statements of the
charitable company comply wtth the current statutory requirements, the requirements of the charitable company's
goveming document and the provisions of the Statement of Recommended Practice {SORP) applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS1021 (effective 1 January 2019).
Since the Company qualtfies as small under section 382 of the Companies Act 2006, the Stiategic report
required of medium and large companies under the Companies Act 2006 {Strategic Report and Directors,
Report} Regulations 2013 has been omitted.
Objectives and activities
a. Policies and objectives
The Trustees have considered the Charity Commission's guidance on Public Benefft along with their duty in
respect of section 17(5) of the Chartties Act 2011 in respect of Public Benefrt and whilst needing to manage its
finances responsibly and effectNely. In 2023124. the SLrtherfand Cranial College of Osteopathy Limited (SCCO)
reviewed its various policies in place to help students afford ¢our5es.
Thirty three £250 bursaries were awarded to new graduates who attended Module 2 courses in 23124 in the UK,
a total of £8,250. £5.500 was awarded in bursaries to 22 new graduates in Gemiany who attended Module 2
courses. A total fund of £3,494 was made available to SCCO Fellows and Members allowing them to receive a
25 % reduction in the cost of any previously attended Pathway course, to encourage our Fellowship to revistt and
update their knowledge alongside our newer students.
Six ne¥V Scholarships were awarded in 2023124 in both the UK and Germany £2,250 in total. Applications for
Scholarship5 increased in 2023r24. A total of £34,423 {£36,095 in 22r23) bein9 made available to students to
assist with course fees.
In 2023124 The SCCO provided £1,680 of support to Faculty Development and The Osteopathy Education and
Assistant Tutor Scheme, and the further development of our Course Directors. The SCCO has continued to
recognise the achievements of new graduates through the sponsorship of the Rising Star Awards at the virtual
Instrtute of Osteopathy Convention.
In 2023r24 The SCCO invested in a programme of online CPD training to provide our Faculty with
comprehensive package of online training courses.
b. Strategies for achieving objectives
The objectives of the SCCO are to advance the further education and training of graduates and undergraduates
and persons otherwise qualrfied in osteopathy, medicine, dentistry and related arts and sciences. In particular
(but without prejudice to the generality of the foregoing) by promoting and teaching the principles of osteopathy
as conceived by Andrew Taylor Still and developed by William Gamer Sutherland. disseminating a general
knowledge of the philosophy of the therapeutic indications for osteopathy in the cranial field, encouraging
physicians and stimulating continued study for greater proficiency in the practice of osteopathy in any manner
con5ideied appropriate in the absolute discretion of the Trustees.
Page 2

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Objectives and aGtlvities (continued)
c. Activities undertaken to achieve objectives
The activities undertaken in 2023r24 in support of its objectives include running 25 postgraduate courses across
the UK and in Ge￿nanY and a faculty development weekend. The course programme retumed to pre pandemic
levels in 2023124 Student numbers were back to pre-pandemic levels and many of the pathway courses were
oversubscribed and requires a waiting list Unfortunately. it was not possible to retum to delivering courses in
Spain, as thero were insufficient students to make courses viable.
The SCCO continued to promote principles of cranial osteopathy at a time when there is a global economic
downturn.
The SCCO has historicalty provided financial support for research activtiies into osteopathy in the cranial field" in
2023124 The SCCO allocated £5.000 {2022r23'. £5,800) to support research activities.
Achievements and perforniance
a. Main achievements of the Company
The SCCO continues to advance further education needs of graduate osteopaths, fulfilling the need by the
development of a pathway of leaming, leading to posl graduate qualifications in osteopathy in the cranial field.
This combined wrth the further provision of short courses and the Pediatric Osteopathic Diplomas programme
has advanced osteopathic education and providing Continuing Profession Development for qualified osteopaths.
The charivs funds have been consistently applied in furthering these charitable activities.
Page 3

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Achievements and performance (continued)
b. Key perfomiance indicators
The Trustees meet once a year to plan and review the activrties within the strategic plan and agree key
performance indicators {KPls) by vthich perfomiance against its strategic objectives can be measured. KPIS are
set to measure performance in four areas.. our customers (students and members), our people {Trustees, faculty
and staffj, finance and govemance, and marketing. communications and research. performan￿ against the KPI
targets is reviewed at each of the four Tru5lees meeting5 a year, alongside the CEO'5 report against compliance
with key legal and regulatory requirements for the educational and charitable sector. Trustees approve the
annual budget at the start of each year, and throughout the year, financial perfomiance is monitored against this
and compared to income and expenditure for the previous year.
KPIS for 2023r24 were set against the background of continued recovery froTn the pandernic, and courses were
able to resume and retum to pre pandemic levels. Several cancelled courses were also reinstated alongside
courses that were already in the calendar.
The KPI for the number of courses (target 23. achieved 25) was met, however the KPI for student numbers was
exceeded ltsrget 600. achieved 708) However. financial performance within the quartedy proje¢tion5 for income
were not achieved in all quarters.
The increased costs of delivering courses and the global economic downtum ￿sUlted in a small income over
expenditure deficit. This is a result of increased venue hire costs and travel claims exceeding forecasts.
The SCCO did invest in new equipment in 2023r24. which has increased the value of the company assets. New
equipment included new treatment couches and new model skulls for teaching purposes.
Targels for membership (target 650 achieved 743) and Fellows (target 150 achieved 177) were all exceeded.
The 900/0 target for good or excellent student satisfaction in UK student feedback suNeys was exceeded with
98.1 Ok of students rats'ng the courses excellent or good. and all Gennan individual courses exceeding the targel
of 900A being rated good or excellent. 2 UK courses fell below the target at 860A and 780
4.480h of financial reserves awarded in respect for student support against a target of 4.5-5.50
Overall. the number of students studying wtth the SCCO for the first time as a percentage of overall students
who attended courses in the year fell again to 12°A {160h in 2022123) against a target of 300A. This is a reflection
of the global economi¢ downturn.
Page 4

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY UMITED
(A company limited by guarnntee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Achievements and performance (continued)
c. Factors relevant to achieve objectlves
The SCCO ran 25 courses last year, the same number as in 2022r23 but the SCCO'S KPI target is to run 23
courses or more in an academic year.
The SCCO delivered four Short courses alongside rts pathway courses; the aims of the short courses are to
provide addbtional CPD opportunities for SCCO Fellows and Faculty.
The AGM was attended by the required number of members to be quorate. One new Trustees was voted on to
the Board by the membership.
The SCCO has continued its visrts to undergraduate colleges to promote the college's postgraduate course
programme.
In 2023r24 The SCCO was also able to delNer a Faculty Development activty for Gennan Faculty,
d. Investment policy and perfomiance
The Trustees consider it their responsibilty to ensure that the CharIt￿S reserves are protected and that surplus
funds are invested within a fund who's social and ethical policies mirrof those of the Charity. On this basis, the
Charity invests any surplus funds wthin the COIF Charities Investment Fund Income Units. In the year ending
July 2024, the SCCO sold shares from the investment fun and drew down £30,000. The value of the
investments on 31 Juty 2024 was £731,750 (2023.. £702,960).This indicates an improvement in the value of the
investment portfolio ft)mi the previous year. This has resulied in a yield of 3.1 0￿ (2022123". 2.9 /0
Page 5

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarnntee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Flnanclal revlew
. Going concem
As the SCCO continues to recover from the effects of the pandemic the course programme for 2024125 will
deliver 23. Some courses are already oversubscribed and have a waiting list. Feedback confirms that the college
is meeting the standards expected by its students.
The SCCO continues to hold appropriate reserves. As a consequence of increases in costs the SCCO will
Gontinue lo review its financial strategy ensuring that there are sufficient funds for the SCCO to continue to
operate for the foreseeable future and to continue to support its charitable aims.
b. Reserves policy
It is the policy of the charty to maintain unrestricted funds, which are free reserves of the charity, at a level,
which equates to no less than approximately one year of general overhead expenditure, which Is currently
£180,000 after the costs of course provision. This provides sufficient funds to cover management and
administration and support costs. Our reserves also provide a contingency fund of £50,000 to cover redundancy
and cancellation contracts rf for any reason we are unable to continue to operate allowing us to meet any current
and ongoing liabilrtie5. As operational costs have increased over the last two years, Trustees will review the level
of reseNes to be managed for 2024125.
In 2024125, the chanty has commiited to investing surplus into charrtable support and bursaries for eligible
students including fts Fellry¥VS. development of its Faculty, and funding of osteopathic research. We are
predicting an operational deficit budget for 2024r25 of £165,700. The remaining unrestricted funds are held for
the funding of future developments and the continued implementation of the educational review.
Total funds at the year-end were:
Restricted - £850
Unrestricted £644,925
Page 6

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company Ilmited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
. Principal risks and uncertainties
The Trustees have a duty to identfy and review the risks to which the charity is exposed. The College risk
register is remewed and updated as necessary at each Trustees meeting to ensure that appropriate controls are
in place to provide reasonable assurance against a variety of risks.
The key risks to be managed are.
Financial,
Governance
Reputational
Operational
Achieving charitsble objectives.
Financial Risks:
The key financial risks is that of ensuring that the Charity is able to continue to operate as a sustainable going
concern. Rising costs and the extemal economic climate has resulted in an operating deficit in 2023124.
Trustees are committed to a root and branch rewew of costs, pricing and operating model to ensure that the
Charity adapts to this more challenging environment. A review will be undertaken during the first hvo quarters of
2024125.
Governance Risks:
The Trustees continue to assess perfomiance against each of the 7 areas of the Charities Commission
Govemance Code.
With an evolving extemal environment that presents both challenges and opportunities, the Trustees have
committed to a review and update of the Govemance framework in order to ensure ongoing compliance. This
will be completed by the end of the second quarter of 2024125.
The key govemance risks are
loss of recognition by the regulator GOSC. this is mitigated by a continuing programme of review of our
courses against the regulators standards.
Breach of applicable tegal requirements. this is mitigated by engaging appropriate advice in the
construction and application of our policies and procedures
Reputational Risks:
The key reputational risk is that of losing the Charrties excellent reputstion. This is mitigated by a combination of
our culture, fostering and maintaining good relationships key stakeholders, recruiting and investing in our
pecyle.
Operational Risks..
The key operational risks are aSs￿lated with capacty and capabilty to achieve our strategic objectives. This is
mitigated by
Attracting and retaining key employed personnel vla our culture, adopting flexible yet productive working
policies.
Continued investment in the Assistsnt Tutor Scheme and the Osteopathic Education Programme, which
continues to train Fellows to become members of Faculty. The SCCO has also pledged to ensure that our
Faculty are remunefated adequately for the work they do for the College.
Page 7

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarnntee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Achieving Charitable Objectlves".
The key risk to achieving our charitable objectives is a combination of the Financial, Governance, Reputational
and Operational risks identrfied and mrtigated above.
d. PrincÉpal funding
The principal source of funding for the chanty is the student fee income. It also has a paid for Membership and
Fellowship scheme for osteopaths who su￿SsfUllY complete qUalI￿.ng courses and case study assignments.
The financial statements have been prepared for the year ended 31 Juty 2024. Investment dividends produced
income of £20,026. Market led increases also led to an unrealised gain of £58.790.
The SCCO were very grateful to receive a £S0.000 donation to its funds from The crucib￿ Foundation.
There has been a net movement in fvnds of £33.433. bringing the total value of the net funds to £645,775. This
is made up of fixed assets of the College £742.202, an increase in value of £25,834 from 2022123, current
assets of £83.339 and increase of £44,687 but an increase in cu￿ent liabiliiies of £37,088 to a total of £179,766.
Structurei governance and management
. Constitution
The Suiherland Cranial College of Osteopathy Limited is registered as a charitable Gotnpany limited by
guarantee and was set up by a Trust deed on 10 June 2013.
The charity is constituted under a Trust deed dated 10 June 2013 arKI is a registered charity number 1152353.
The charity Nvas incorporated on 15 April 2013 and commenced trading on that date.
b. Methods of appointment or election of Trustees
Under the constitution, the charity shall elect from its membership a Board of Directors, known as the Board of
Trustees of between three and ten members. The directors shall hold office until the conclusion of their term of
office, vthich is three years after their election. They may then stand for re election for a further three years.
Exceptionally a director may be re elected for one further year beyond a six year tenn rf sepiing as Chair of the
Board. New Trustees are provided with copies of the SCCO constitution, previous Trustee meeting minutes, and
a set of Charity Cornmission documents on the Role of a Trustee. and are required to complete a register of any
interests or loyatties which may conflict them in their role.
c. Organisational structure and decision-making policies
The charty is a membership organisation which delegates authority to an elected Board of Trustees. The
Trustees are responsible for strategy and approval and monttoring of annual budgets and business plans.
Course content and qualty is delegated to an Education Commrtiee. who also make recommendations for the
selection 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 committee5 for Communications and for
delivery in Germany and Spain. The Board of Trustees are supported by a small staff team whiGh has authority
delegated to it for logistical planning and delivery of courses, marketing and financial operation up to a limit of
£1,500 after which Treasurer approval is required.
Page 8

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY UMITED
(A company limited by guardntee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Structure, governance and management (continued)
d. Policies adopted for the induction and training of Trustees
The SCCO has adopted a policy of Equalty, Diversty and Inclusion training for all existing and newly appointed
Trustees.
The SCCO ha5 a policy for the conflict of interests and decFaration of interests for all existing and newly
appointed Trustees.
When a new Trustee is elected they are issued with the Articles of Association document. the SCCO
Constitution, the SCCO Mission Statement and Vision Statement.
The SCCO will support new Trustees by implementing a °buddy system. with existing Trustees.
During 2024125 TTUStees will introduce a structured Trustee InductH)n pack as part of its revised Governan
Framework.
e. Pay policy for key management personnel
The SCCO management pay policy is to pay more than the Ir¥ing wage for all staff posts, to benchmark pay for
equivalent posts locally and nationally.
f. Related party relationships
Related parties relats'onships a￿ isolated to Trustees who are also qualffied tutors who are used to deliver some
ofthe Courses.
They are remunerated for the course delivery and for expenses at the same rate as the other course tutors and
at times, opt to donate their reimbursed expenses back to the charty.
g. Financial risk management
The global economic downtum has a potential to effect the income of the SCCO. The SCCO will continue to
provide support to students in the form of Scholarships and Bursaries to help with the costs of course fees.
The Trustees are committed to reviewing the performance of the investment account and identifying potential
risks to the investments.
The Trustees remew the budget at each quarters Trustee meeting and financial perfornance is measured
against forecast.
The SCCO has a policy to maintain unrestricted funds, which are free reserves of the charity, at a level at which
equates to no les5 than approximatety one year of general overhead expenditure which is currently
£180,000. This provides sufficient funds to cover management and administration and support costs. The
reserves also provide a contingency fund to cover redundancy and cancellation contracts rf for any reason the
SCCO are unable to continue to operate allowing any current and ongoing liabilities to be met.
Any operational costs over the value of £3,000 must have the approval of the Treasurer to avoid any
misappropriation of funds. Debit cards and pa￿ent authority is limited to the CEO and Finance As3iStant only.
The SCCO also regularly reviews its financial position with ts appointed Accountants.
Page 9

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Structure. govemance and management (continued)
h. Trustees. indemnities
Trustees are indemnified through a specialist policy with Angel Risk Management and underwritten by AXA.
l. Dissolution and transfer
The Suthedand Cranial College of Osteopathy (SCCO) is a Charttable Company Limited by Guarantee,
incorporated in April 2013 and receiving charitable registration in June 2013. There is provision within the Articles
of Association. at article 60, that should it be necessary to dissolve the charity, that its assets after pa￿ent of
debts and liabilities shall be transferred to another charitable institution with similar objects to the SCCO.
Plans for future periods
The program for 2024125 is full. with 23 events, these include. Pathway courses, a programme of short courses,
and Workshops. The Osteopathic Education Scheme will have an intemational event that will bring together
Assistant Tutors and potential Faculty from both the UK and Europe.
The Children's clin￿ (The Dove Clinic). will conclude as a pilot and will require an evaluation to determine if this
initiative should continue
The Administration staff Yitll continue working with an educational technolo9iSt to roll out implementation of a
Virtual Learning Environment.
Trustees will introduce more regular strategic planning and review work to ensu￿ that the SCCO positions itself
within a changing marketplace. This will be combined wrth a revised govemance framework and associated
structures, policies, processes to 5UPPOrt efficient and effective delivery of its charitable objectives.
Members. liability
The Members of the Company guardntee to contribute an amount not exceeding £1 to the assets of the
Company in the event ofwinding up.
Page 10

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
statement of Trustees. responsibilities
The Trustees (who are also the directors of the Company for the Purposes of company law) are responsible for
preparing the Trustees. report and the financial statements in accordan￿ with applicable law and United
Kingdom Accounting Standards (United Kingdom Generalfy Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statement5 for each financial . Under company law, the
Trustees must not 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 its incoming resources and application of resources, Including its
income and expenditure, for that period. In preparing these financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently.
observe the methods and principles of the Charities SORP (FRS 102).,
make judgments and accounting estimates that are reasonable and prudent-
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material
departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Company's transactions and disclose with reasonable accuracy at any time the financial position of the
Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They
are also responsible for safeguarding the assets of the 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 30 November 2024 and signed on their behalf
by..
MSCJE
rustee)
Page11

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 JULY 2024
Independent Examinerfs Report to the Trustees of The Sutherland Cranial College of Osteopathy
Limited {Ihe Company.)
I report to the chaiity Trustees on my e￿qMInatIon of the account5 of the Company for the year ended 31 July
2024.
Responsibilities and Basis of Report
As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of the Companls
accounts carried out under sedion 145 of the Charities Act 2011 (Ihe 2011 Act,). In carying out my examination
I have followed the Directions grven by the Charty Commission under section 145{5)(b) of the 2011 Act.
Independent Examinerfs Statement
Since the Companls gross income exceeded £250.000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confimi that l am qualffied to undertake the examination because l am a member
of (enter body here). which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act.,
or
the accounts do not accord with those records.. or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Ad other than
any requirement that the accounts give a Irue and fairf view which is not a matter considered as part of
an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities lapplicable to chartties preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Companws Trustees. as a bcrfjy, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Companvs
Trustees those matters l am required to state to them in an Independent examinerfs report and for no other
purpose. To the fullest extent pemitted by law, I do not accept or assume responsibility to anyone other than the
Company and the Companls Trustees as a body. for my work or for this report.
Page 12

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY UMITED
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT ICONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Signed:
Dated:
3 February 2025
Robert stokes
For and on behalf of Regulatory Audrt
FCCA, ACA
Vicarage Court
160 E￿nin Street, Swindon SN3 4NE
Page 13

THE sufHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 JULY 2024
Restricted Unrestricted
fvnds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations and legacies
Charitable activities
Investments
50,520
690.184
20,026
50.520
690,184
20.026
50,300
597. 842
20,363
Total income
760.730
760,730
668,505
Expenditure on:
Charitable activities
786,087
786,087
698, 645
Total expenditure
786,087
786,087
698, 645
Net expenditure before net gains on
investments
Net gains on inveslments
(25,357)
58,790
{25,357)
58,790
(30, 140)
21,327
Net movement in funds
33,433
33,433
(8,813)
Reconclliation of funds:
Total funds brought foThvard
Net movement in funds
850
611.492
33,433
612.342
33,433
621, 155
(8,813)
Totsl funds carried forward
850
644,925
645,n5
612,342
The Ststement of Financial Actiwties includes all gains and losses recognised in the year.
The notes on pages 18 to 32 fomi part of these financial statements.
Page 14

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
IA company limited by guarantee)
REGISTERED NUMBER: 08489497
BALANCE SHEET
AS AT 31 JULY 2024
2024
2023
Note
Fixed assets
Tangible assets
Investments
10
11
10,452
731,750
13,408
702,960
742,202
716,368
Current assets
Debtors
Cash at bank and in hand
12
6,248
TT,091
8,094
30, 558
83.339
38. 652
Creditors.. amounts falling due within one
year
13
(179.7661
(142,678)
Net current liabilities
(96,427)
(104,026)
Total assets less current liabilities
645.775
612,342
Net assets excluding pension asset
645.775
612,342
Total net assets
645,775
612,342
Charity funds
Restricted funds
Unrestricted funds
15
15
850
644.925
850
611,492
Total funds
645.775
612,342
The Company was entitled to exernption from audit under section 4TT of the CompanTres Act 2006.
The members have not required the company to obtsin an audrt for the year in question in accordance wrth
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entitie5 subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
Page 15

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
REGISTERED NUMBER: 08489497
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024
Easty
Moulang
(Trustee)
Date.. 30 Novem
The notes on pages 18 to 32 fotm part of these financial statements.
Page 16

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 JULY 2024
2024
2023
Cash flows from operating activities
Net cash used in operating activrttes
19,568
(9, 803)
Cash flows from investing activities
Purchase of tangible fixed assets
Proceeds from sale of investments
(3,035)
30,000
(12, 147)
Net cash provided byl(used in) investing activities
26,965
(12,147)
Cash flows from financing activities
Net cash provided by financing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
46,533
(21,950)
52.508
30,558
Cash and Gash equivalents at the end of the year
77.091
30,558
The notes on pages 18 to 32 form part of these financial statements
Page 17

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarnntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
General Information
The Charitable Company. the Sutherland Cranial College of Osteopathy is a limited by guarantee
company registered in England & Wales. The registered office is The Siie, 24 Chosen View Road,
Chettenham, Glos GL519LT. The principal place of business is Hawkwood College, Painswick Old Road,
Stroud, GL6 7QW.
The presentational currency of these financial statements is pound sterling, rounded to the nearest whole
number.
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements 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), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The Sutherland Cranial College of Osteopathy Limited meets the definrtion of a public benefit entty
under FRS 102. Assets and liabiltties are initially recognised at historical cost or transaction value
unless otherwise stated in the relevant accounting policy.
2.2 Going concern
The Trustees are aware of the risks to the Charitable Company and have been putting plans in place
to mitigate any risks. The ¢our5e provision has been adapting to the changing environment and this
has been used to control Costs. Whilst there femain uncertainties within the operating environment
the Trustees consider that they are well placed to move the provision and therefore the going
concem basis remains appropriate.
Page 18

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY UMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
Accounting policies (continued)
2.3 Income
All income is recognised once the Company ha5 entitlement to the income, tt is probable that the
income will be received and the amount of income re￿1vable can be measured reliably.
Grfts in kind donated for distribution are included at valuation and recognised as income vthen they
are distnbuted to the projects. Grfts donated for resale are included as income vthen they are sold.
Where the donated good is a fixed asset. it is measured at fair value, unless it is impractical to
measure this reliably, in which case the cost of the r(em to the donor should be used. The gain is
recognised as income from donations and a corresponding amount is included in the appropriate
fixed asset class and depreciated over the useful economic life in accordance with the Company's
accounting policies.
On receipt, donated professional services and facilities are recognised on the basis of the value of
the gift to the Company which is the amount it would have been willing to pay to obtain services or
facilities of equlva￿nt economic benefit on the open market; a co￿espOndIng amount is then
recognised in expenditure in the period of receipt.
Income tsx recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
2.4 Expenditure
Expenditure is re￿gnised once there is a legal or constructive obligation to transfer economic benefit
to a third paty, 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 classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
Invo￿8d in undertaking oach activity. Dir8Ct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribLrte to more than one activty and support costs which are
not attributsble to a single adivty are apportioned between those activities on a basis consistent with
the use of resou￿$. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the po￿On of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Companys objective5, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer
is conditional. such grants being recognised as expendf(ure when the conditions attaching are
fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a
commrtment. but not accrued as expenditure.
All expenditure is inclusive of itrecoverable VAT.
Page 19

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
Accounting policies (continued)
2.5 Tangible fixed assets and depreciation
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated impainnent
losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be
included in the measurement of cosL
Depreciation is Charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives.
Depreciation is provided on the following basis:
Plant and machinery
25°A on cost
2.6 Investments
Fixed asset investrnents are a fom of financial instrument and are initially recognised at their
Iransaction cost and subsequently measured at fair value at the Balance sheet date, unless the value
cannot be measured reliably in which case it is measured at cost less impairment. Investment gains
and losses, whether realised or unrealised. are combined and presented as 'Gainsl{Losses} on
investments, in the Statement of financial activities.
2.7 Debtors
Trade and other debtofs are recognised at the settlement amount after any trade discount offered.
PrePa￿nentS are valued at the amount prepaid net of any trade discounts due.
2.8 Cash at bank and in hand
Cash at bank and in hand includes cash and short-tenn highty liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.9 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past
event, it is probable that a transfer of economic benefft will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it V￿11 pay to settle the debt or
the amount rt has received as advanced payments for the goods or services it must provide.
Pro¥isions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts. discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
Page 20

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY UMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
Accounting policies (continued)
2.10 Financial instruments
The Company onty has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic ffinancial instruments are inttially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
2.11 Pensions
The Company operates a defined contribution pension scheme and the pension charge represents
the amounts payable by the Company to the fund in respect of the year.
2.12 Fund accounting
General funds are unrestricted funds which aro availablo for use at the discretion of the Truslee5 in
furtherance of the general objectives of the Company and which have not been designated for other
purposes.
Restricted funds are funds which are to be used in accordance wtth specific restrictions imposed by
donors or which have been raised by the Company for particular purposes. The costs of raising and
administering such funds are charged against the specffic fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Investment income. gain5 and losses are allocated to the appropriate fund.
Income from donatlons and legacies
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Donations
50,520
50,520
.300
Total 2023
50,300
50,300
Page 21

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY UMITED
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
Income from charitable activities
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Course and Membership Income
690.184
690,184
597, 842
Total 2023
597,842
597, 842
Investment income
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Investment income
20,026
20,026
20,363
Total 2023
20, 363
20,363
Anatysis of expenditure by activities
Activities
undertaken
directty
2024
Support
costs
2024
Total
funds
2024
Course and Membership Income
610,462
175,625
786,087
Actwities
undertaken
direcuy
2023
Support
costs
2023
Total
funds
2023
Course and Membership Income
517,348
181,297
698.645
Page 22

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY UMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
Anatysis of expenditure by activilies (continued)
Anatysis of direct costs
Course and
Membership
Income
2024
Total
funds
2024
Total
funds
2023
Course expenses
Advertising and website Costs
Scholarships & bursaries awarded
559,402
16,637
34,423
559,402
16,637
34A23
462.978
18,275
36, 095
610,462
610,462
517,348
Page 23

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
Analysis of expenditure by activities (continued)
Anatysis of support costs
Course and
Membership
Income
2024
Total
funds
2024
Total
funds
2023
Staff costs
Depreciation
Rent,rates and services
Insurance
Telephone Gosts
Printing, postage & stationary
Sundries
Repairs and maintenance
Bank and credit charge5
Staff training
Subscriptions
Storage
Computer expenses
Exchanges {gain)Iloss
Research grant expendrture
Governance costs
85,651
5.991
11.700
3,003
1,718
1,917
106
85.651
5.991
11.700
3.003
1,718
1,917
106
101,060
5,250
7, 775
2, 944
1,205
1,837
677
2, 796
2, 885
319
1,246
1.895
(1, 733)
5,800
47.341
4.704
10,641
454
4,704
10,641
897
4,737
1,252
897
4,737
1,252
42,769
42,769
175,624
175,624
781,291
Independent examinevs remuneration
2024
2023
Fees payable to the Company'5 independent examiner for the independent
examination of the Companys annual accounts
Fees payable to the Compansls independent examiner in respect ot.
All other services not included above
1,100
950
4,200
1,565
Page 24

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY UMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
Staff costs
2024
2023
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
110,734
4,479
5,285
123, 620
5, 167
7,377
120,498
136, 164
The average number of persons employed by the Company during the year was as follows:
2024
2023
No.
Administration and finance
Course c(>ordination and marketing
No employee received remuneration amounting to more than £60,000 in either year.
Trustees. remuneration and expenses
During the year. no Trustees received any remuneration or other beneffts (2023- £NIL).
During the year ended 31 July 2024, expenses totalling £1.640 were reimbursed or paid directty to 4
Trustees (2023- £4,621 to 4 Twstees).
10. Tangible fixed assets
Plant and
machinery
Cost or valuation
At 1 August 2023
Additions
67,397
3,035
At 31 July 2024
70,432
Page 25

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY UMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
10. Tangible fixed assets (continued)
Plant and
machinery
Depreciation
At 1 August 2023
Charge for the year
53,989
5,991
At 31 July 2024
59,980
Net book value
At 31 July 2024
10,452
At 31 July 2023
13,408
11. Fixed asset investments
Listed
investments
Cost or valuation
At 1 August 2023
Disposals
Revaluations
702,960
(30,000)
58,790
At 31 Juty 2024
731,750
Net book value
At 31 July 2024
731,750
At 31 July 2023
702,960
Page 26

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY UMITED
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
12. Debtors
2024
2023
Due within one year
Trade debtors
Other debtors
Prepayments and accrued income
4,132
1,556
$60
55
1,168
6,871
6.248
8,094
13. Creditors: Amounts falling due within one year
2024
2023
Trade credrtors
other taxation and social securty
Accruals and deferred income
68,691
1,681
109,394
23,473
117,647
179.766
142.678
2024
2023
Deferred income at 1 August 2023
Resources deferred during the year
Amounts released from preifjous periods
113,722
101,350
{113.722)
88,506
113, 722
(88,5Q6)
101,350
113.722
14. Flnancial instruments
2024
Financial assets
Financial assets measured at fair value through income and expendrture
808,841
Financial assets measured at fair value through income and expendrture comprise bank and cash.
Page 27

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
15.
Statement of funds
statement of funds - current year
Balance at 1
August 2023
Gainsl Balance at
(Losses) 31 July 2024
Income Expenditure
Unrestricted funds
General Funds - all funds
611,492
726,307
(751,664)
58,790
644,925
Restricted funds
Restricted Funds - all furKIs
850
Total of funds
612,342
726.307
{751,664)
58,790
645,775
Page 28

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
15. Statement of funds (continued)
Statement of funds - prlor year
Balance al
1 Augusl
2022
Gainsl
Balan￿ at
(Losses) 31 July 2023
Income Expenditu
Unrestricted funds
General Funds - all fund5
620,305
668.505
(698,645)
21,327
611,492
Restricted funds
Restricted Funds - all funds
850
Total of funds
621, 155
668,￿5
(698,645)
21,327
612,342
16.
Summary of funds
Summary of funds - current year
Balance at 1
August 2023
Gainsl Balance at
(Losses) 31 July 2024
Income Expenditure
General funds
Restricted funds
611,492
726.307
{751,664)
58,790
644,925
850
612,342
726,307
(751,664
58,790
645,775
Summary offunds - prior year
Balan￿ al
1 August
2022
Gainsl
Balan￿ at
(Losses) 31 July 2023
Income Expgnditure
General funds
Restricted funds
620.305
668,505
(698,645)
21,327
611,492
850
621, 155
668,&)5
(698, 645)
21,327
612,342
Page 29

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY UMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
17. Analysis of net assets between funds
Analysls of net assets between funds - current period
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Tangible fixed assets
Fixed asset investments
Cu￿ent assets
Creditors due within one year
10,452
10,452
731.750
731,750
81,183
82.033
(178,461) {178,460)
850
Total
850
644,925
645,775
Analysis of net assets between funds - prior perfod
Restiicted Unrestricted
fvnds
funds
2023
2023
Total
funds
2023
Tangible fixed assets
Fixed asset investment5
Current assets
Creditors due within one year
13,408
702, 960
37,802
(142. 678)
13,408
702,960
38, 652
(142,678)
Total
850
611.493
612,343
Page 30

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
18.
Reconciliation of net movement in funds to net cash flow from operntlng activities
2024
2023
Net incomelexpenditure for the period (as per Statement of Financial
Activits-es)
33.433
(8,813)
Adjustments for:
Depreciation charges
Dividends, interests and rents from invesbnents
Decrease in debtors
Increase in creditors
5,991
(58.790
1,983
36,951
5.250
(21,327)
14,283
Not cash provided byllusod in) operating activitie5
19.568
(9,803)
19. Analysis of cash and cash equivalents
2024
2023
Cash in hand
77.091
30,558
Total cash and cash equivalents
77,091
30.558
20. Analysis of changes in net debt
At 1 August
2023 Cash flows
At 31 July
2024
Cash at bank and in hand
46,533
77,091
30.SS8
46,533
T7.091
21.
Pension commitinents
The group operates a defined contribution pension scheme. The assets of the scheme are held separately
from those of the group in an independenty administered fund. The pension cost charge represents
contributions payable by the group to the fund and amounted to £nil (2023 - £nil) were payable to the fund
at the balan￿ sheet date and are included in creditors.
Page 31

THE SUTHERLAND CRANIAL COLLEGE OF OSTEOPATHY LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
22. Members. liability
Each member of the charitable company undertakes to contribute to the assets of the company in the
event of it being wound up while helshe is a member, or within one year after helshe ￿aSeS to be
member, such amount as may be required. not exceeding £10 for the debt5 and liabilities contracted
before helshe ceases to be a member.
23. Related party transactions
The Trustees are qualified tutors who are used to deliver some of the courses. They are remunerated for
the course delivery and for expenses at the same rate as the other course tutors.
Page 32