## **DEVELOPMENT EDUCATION CENTRE SOUTH YORKSHIRE** ## **Accounts for the Year Ended** ## **31[st] December 2025** ## **Contents** |**Legal and Administrative Details**|**2**| |---|---| |**Trustees Report**|**3**| |**Independent Examiners Report**|**4**| |**Statement of Financial Activities**|**5**| |**Balance Sheet**|**6**| |**Notes to the Accounts**|| |Notes 1 - 3|**7**| |4 - 5|**8**| |6 - 8|**9**| |9 - 10|**10**| |11 – 12|**11**| |**Appendix 1**|**12**| 1 ## **Legal and Administrative Details** The Development Education Centre South Yorkshire was originally established in 1984 and was registered with the Charity Commission (registration 517354) as a charity whose primary purpose is to advance world development education, for the benefit of the public, in South Yorkshire and adjacent counties. Assets were transferred to the new Charitable Incorporated Organisation (CIO) of the same name in 2014. The CIO was formed with similar objectives and with the new charity number 1153377 for the purpose of carrying on its activity as an incorporated charity. The current constitution provides that the charity is to be managed by the Executive Committee (who are also the Trustees) which is elected by the members each year at the AGM. The Committee may also co-opt additional trustees and/or others as it agrees appropriate. ## **Address of Charity** DECSY Scotia Works Leadmill Road Sheffield S1 4SE Tel: (+44) 0845 458 2957 / 0114 241 2750 Email: info@decsy.org.uk www.decsy.org.uk ## **The Members of the Executive Committee are as follows:** Olwen Lintern-Smyth Chair of Executive Committee Paul Highfield Vice Chair of Executive Committee Christine Winter Secretary Donald Maclean Laura McMullen Fiona Roberts Resigned with effect from 27/08/2025 Cheryl Smart Resigned with effect from 14/05/2025 Mary Stead **Treasurer** Brian Kerslake (co-opted member of Executive Committee) |**Solicitors**|**Bankers**|**Independent Examiner**| |---|---|---| |Wake Smith
68 Clarkehouse Road
Sheffield
S10 2LJ|Triodos Bank
Deanery Road
Bristol
BS1 5AS|White Rose Accounting
The Ghyll
Threapland
Aspatria CA7 2EL| 2 Trustees Report for the Year Endlng 31" December 2025 The Development Educatlon Centre South Yorkshire publishes its annual report and annual account5 as two separate documents. The annual report describe5 our objectives, our activitie5 Qvef the past year and our plans for the future. It also contains a brief financi21 summary and a statement of our reserves policy. The annual accounts explain in more detail the financial effect of our activities during the year and our financial position at the year*nd. Statement of Trustees Responslbllltles Charity Law requires the Trustees to prepare Financial Statements for each flnancial year, which give a true and fair view of the state of financial affairs of the Chaff(v at the year end and of its incorning resources and resources expeniled during the year. In preparing these Financial Statements the Trustees are required to.. Select suitable accounting policies and apply them consistently. Make judgements and estimates that are reasonable and prudent. State whether applitable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial Statements. Prepare the financial statements on a golng concern basis, unless it is inappropriate to assume that the Charity will continue in bu5ine55. The Trustees are responsible for keepinE proper accounting records which disclose, wtth reasonable accyracy at any time, the financial position ot rhe Charity. The Trustees are responsible for safeguarding the a55et5 of the Charity and hence for taking reasonable steps for the Pfevention and detection of fraud and other irregularities. The Independent Examiner (White Rose Accounting for Charities) was duly appointed by the Trustees prior to the 2025 AGM. Signed on Behall of the Trustees Olwen Lintern-smyth (Chair of the EXec￿1ve Committeel Date= Independent Exjmlnerfs Report to the Trustees I report on the accounts of the Development EduCat￿n Centre South Yorkshire for the year ended 31" December 2025 whkh are set out on pages 5 to 12. Respectlve re5ponsllJllltles of the Trustees and the examlner The charltys trustees are responslble for the preparatlon of the accounts. The charws trustees consklerth* an audit Is not requlred for this year (under section 144121 of the Charltles Art 2011 Ithe 2011 Actll and that an Independent examinatlon b needed. It Is my responslbllty to.. Examine the accounts (under sertion 145 of the 2011 Act); To follow the procedures lald down In the General Dlrectlons gbven by the Charlty Commi5sloners (under sectlon 14515llbl of the 2011 Act To state whether partl¢ular matters have come lo my attentlon. Basls ot Independert wrnlnerfj report My examlnatlon wa5 carrkd out In accordance wilh the general dlrecrlons gfven by the Charlty CommlssloTr. An examlnatlon Includes a revlew of the accountlng records kept by the charlty and comparlson of the accounts presented wbth those records. It also Includes conslderatlon of any unusual items of dlsclosures In the accounts, and seeklng an expknatlon from you as Iru5tees concernlng any such matters. The procedu￿ undertaken do not provlde all the evidence that would be requlred In an audit, and consequentty I do not express an audlt oplnion on the vlew glven by the accounts. Independenl examlnerf$ st¥tem•nt In connectlon wlth my examlnatlon. no matter has corne to my attentlon I, whlch glves me rea￿nable cause to belleve that In any materlal ￿sPeCt the requlrements.. to keep approprlate accountlng record5 In accordance wlth sertlon 130 of the 2011 lo prepare accounts whlch accord with the accountlng records and to comply w￿￿ the attountln8 requlrements of the 2011 Act have not been met. or 2. to whlch, In my oplnbn. attentlon should be drawn In order to enable a proper understandin8 of the accounts to be reached. Sl8ned: Date: IL lry IIJLL Cralg WllSlamson Whlte Rose Accountlng for Charities The Ghyll Threapland Aspatria CA7 2EL ## **Statement of Financial Activities for the Year Ended 31[st] December 2025** |Notes||**2025**
**Unrestricted**
**Funds**
**£**|**2025**
**Restricted**
**Funds**
**£**|**2025**
**Total Funds**
**£**|**2024**
**Total Funds**
**£**| |---|---|---|---|---|---| |2|**Incoming resources**||||| ||**Voluntary Income**||||| |3|Donations|33,163|300|33,463|4,055| |4|Grants|3,500|95,551|99,051|115,247| ||**Income from charitable activities**||||| ||Resource Centre Sales|494||494|434| ||Training|4,463||4,463|13,872| |5|Consultancyand Contracts|21,438||21,438|24,407| ||**Other**||||| ||Bank interest|3,908||3,908|5,439| ||Other income|24||24|27| ||**Total**|**66,990**|**95,851**|**162,841**|**163,481**| ||**Resources expended**||||| ||**Cost of charitable activities**||||| |6a|Employment costs|40,564|
69,404|109,968|125,484| |6b|Premises and equipment costs|13,727|6,005|19,732|19,031| ||Operation costs|4,030|
24,826|
28,856|24,588| |6c|Governance costs|3,337||3,337|3,610| ||Other costs|1,248||1,248|844| ||||||| ||**Total**|**62,906**|**100,235**|**163,141**|**173,557**| ||||||| ||**Net income/(expenditure) inyear**|**4,084**|**(4,384)**|**(300)**|**(10,076)**| ||Transfers between funds||||| ||**Total Funds brought forward**|**82,162**|**11,517**|**93,679**|**103,755**| ||**Total Funds carried forward**|**86,246**|**7,133**|
**93,379**|**93,679**| 5 Balance Sheet as at 31 December 2025 Notes 2025 Unrestrirted Funds 2025 Restricted Funds 2025 Totsl Funds 2024 Total Funds Current Assets Debtors Debtors Grants Receivable Cash at bank Total 1,604 6,356 9,138 95,266 110.760 86,156 87,760 23,133 23,133 109,289 110.893 Current Liabilities Creditor5 Creditors Deferred Income/Grants 1,514 100 15,900 16mO 1,614 15,900 17.514 2,712 14,370 17,082 Total 1,514 Net CuNent Assets 86,246 7,133 93.379 93,678 fle resented bv: Restricted Fund5 Desi nated Reserve Fund Gener31 Reserve Fund Total funds io li 7,133 7,133 36,315 49,931 93.379 11,516 51,Q)O 31,162 93.678 36,315 49,931 86,246 7,133 Signed by two Tfustees on behalf of all the Trustees: Date of Appr¢)val: ## **Notes to the Accounts for the Year Ending 31[st] December 2025** ## **1. General** ## **a) Basis of Preparation** The accounts have been prepared in accordance with the Statement of Recommended Practice (SoRP): Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard (FRS 102), applicable in the UK and Republic of Ireland, as modified for smaller charities. The charity constitutes a public benefit entity as defined by FRS 102. ## **b) Basis of Accounting** **Income and Expenditure:** Donations and other income is accounted for on receipt. Grants, Training income and Consultancy Fees paid for work to be done over a defined period are accounted for on an accruals basis, insofar as it is prudent to do so. Expenditure is accounted for on an accruals basis. **Fixed Assets:** There are no Fixed Assets of any value included in the Accounts as items such as office equipment are written off in the year of purchase. **Unrestricted (Core) and Restricted Funds:** Unrestricted Funds may be expended by the Charity at the discretion of the Trustees. The Trustees have discretion over the management of Restricted Funds only within the limits laid down by the donors. It is therefore incumbent on the Trustees to ensure that any restricted activities funded by donors are consistent with the aims and objectives of the charity. Transfers between these two types of Funds may take place. For example, Core costs such as Employment, Premises or Other Operational overheads may be transferred to specific Projects where the conditions of funding allow for the inclusion of such expenditure. Any funding surpluses or deficiencies at the conclusion of individual Projects will be transferred to Core funds, the former of course, subject to any grant conditions. **Pension Costs:** The charity makes an employer’s contribution towards individual personal pension plans for employees and administers any additional employee contributions made to these plans. Employer contributions are paid at a level above the national pensions contribution rate. ## **2. Incoming resources** All the funds of the charity are income funds. There are no capital endowment funds. Grant income is received in a variety of ways. A grant may be paid in full at the beginning of the period in which activities are carried out. We account for the way in which funds have been used (and the outcomes achieved) at the end of the funded period. Alternatively, instalments of grant may be paid during that funding period. Payments may be dependent upon the submission of progress reports. Other funders provide income in arrears, or provide only a proportion of target income ‘’up-front’’. This creates cash-flow difficulties, with a requirement to keep a higher current balance available to sustain spending until re-imbursement is forthcoming. Grant income shown in the Statement of Financial Activities reflects only the funds attributable to the accounting period. ## **3.Donations** The Donations total for 2025 includes a very generous bequest of £28,225 from the estate of L & E Coates, to be used entirely at the discretion of Trustees. 7 ## **4. Grants** ## **Grants received in 2025** DECSY received a total of £109,720 grant funding in the year from the organisations listed below. Some of this money was to finance work planned for the financial year 2025 (Total £84,681). Other funding was for work to be undertaken in 2026; in some cases, funding was given to cover the academic year 2025/26. Where funding relates to 2026, the grant figures (Total £15,900) appear in the Balance Sheet as Deferred Income/Grants (see Note 9 below) rather than in the Statement of Financial Activities. With the addition of £14,370 Grant funding received during 2024 (full details set out in the 2024 Statement of Accounts), DECSY had a total of £99,051 grant available for use in 2025. It should also be noted that £9,139 of the Mission 44 grant funding was used to meet expenditure incurred in 2024 (this grant total having been accrued in the 2024 Accounts) ||Total Received|For use|For use| |---|---|---|---| ||in 2025|in 2025
|in 2026| ||£|£|£| |**Schools Linking Project**|||| |The Linking Network|20,000|10,000|10,000| |Wharfedale Foundation|6,320|6,320|| |James Neill Trust|1,000||1,000| |Hyman Winstone Foundation|500||500| |**Gender Action Project**|||| |Mission 44|74,000|64,861|| |**Gender Action Project 2**|||| |Scurrah Wainwright Trust|2,500||2,500| |**Climate Friendly Schools**|||| |Mollie Croysdale Trust|400||400| |Harry Bottam Trust|1,500||1,500| |**General Fund**|||| |Wesleyan Foundation|2,000|2,000|| |Sheffield Town Trust|1,500|1,500|| |**Total**|**109,720**|**84,681**|**15,900**| |**Add**|||| |Funds received in 2024||14,370|| |**Total Grant available for use in 2025**||**99,051**|| ## **5. Consultancy and Contracts** DECSY staff undertake various short- term consultancy work where relevant opportunities arise (£1,937 income in 2025). During the year one member of staff was seconded to work part time for CRESST, a charitable organisation with complementary aims to DECSY. CRESST reimbursed the direct employment costs of £19,501 for this work. This arrangement is continuing into 2026. **Total Consultancy & Contracts Income received in 2025** = **£21,438** (£24,408 in 2024). 8 ## **6. Resources expended** **6a Employment costs:** At the end of 2025, there were 4 employees: 1.6 full time equivalent. 2024 figures were 5 employees: 2.8 FTE. The cost to the employer of remuneration was made up of: Gross Pay 102,144 Redundancy Pay 685 Employers NIC 2,248 Employers Pension Contribution 7,255 **Total Employee Costs 112,332** Note that in the SoFA this total of £112,332 is shown as Employee Costs (£109,968) and Governance - Employee Costs (£2,364) - see Note 6c below. **6b Premises and Equipment Costs:** Premises and equipment costs **(£19,732)** are allocated between activities only where funding conditions allow for the inclusion of such expenditure. Items required for individual projects specifically identified within grant approvals are charged directly to projects. **6c Governance Costs:** The resources employed to govern the charity are as follows: £ Cost of staff hours worked on this activity 2,364 Independent Examination of Accounts 600 Other costs 373 **Total cost of governance 3,337** ## **7. Debtors** These include payments owed to the charity for work done in 2024 for which payment has not yet been received. |been received.|||| |---|---|---|---| |2025|2025|2025|2024| |Unrestricted|Restricted|Total|Total| |£|£|£|£| |CRESST – Reimbursement|||4,664| |Rental Bond (Long Term) 1,122||1,122|1,122| |Triodos/CCLA Bank Interest 282||282|363| |Other 200||200|207| |**Total Debtors 1,604**||**1,604**|**6,356**| ## **8. Total Grants Receivable** The Grant owing to DECSY at the 31 December 2024 for work undertaken in that year was reimbursed by Mission 44 in 2025. 9 ## **9. Creditors falling due within 1 year** These include amounts owed for goods and services supplied in 2025 which have yet to be paid for plus any funding received during 2025 (Deferred Income/Grants) that are to fund charitable activities which are to take place during 2026. See Note 4 above for details of Deferred Income/Grants received. 2025 2025 2025 2024 Unrestricted Restricted Total Total **£ £ £ £ Creditors** VAS 113 113 132 Accounts Examination 600 600 570 Website Development 2,000 Other 85 100 185 10 Staff pay and pension 516 516 HR advice 200 200 **Sub–Total 1,514 100 1,614 2,712 Deferred Income** Grants 15,900 15,900 14,370 **Sub-Total 15,900 15,900 14,370 Total Creditors 1,514 16,000 17,514 17,082** ## **10. Restricted Funds** These funds represent the balances of grants received by DECSY for use on specific projects during 2025 which remain unspent at the 31 December 2025. The balances are carried forward for use on those projects in 2026, subject to any necessary approvals from Funders. Full details are set out in Appendix 1 to the Accounts. 10 ## **11. Designated and General Reserves** These two reserves are Unrestricted and can be used at the discretion of Trustees. The General Reserve is self-explanatory. A Designated Reserve is a fund set aside for ‘’particular future purposes’’ (Para 7.34 SORP (FRS 102)). Trustees have a long- established Designated Fund to cover the estimated statutory redundancy costs should these become a necessary expense. The adequacy of the Designated Fund is assessed annually. Provision for the redundancy costs of one member of staff, who left DECSY during the year, is no longer needed and has been transferred to General Reserves. Additionally, a redundancy payment that was made during 2025 (included as an Employee Cost in the SoFA) has been covered by a further transfer between the Designated and General Reserves. These changes in Reserves are shown in the table. General Designated Total £ £ £ Opening Balances 1/1/25 31,162 51,000 82,162 Transfer – redundancy provision No longer needed 14,000 (14,000) Transfer – cost of redundancy 685 (685) 2025 Surplus on General Fund 4,084 4,084 Closing Balance 31/12/25 49,931 36,315 86,246 ## **12. Appendix 1** The attached schedule provides details of income, expenditure and balances for each individual activity or project undertaken over the year. A comprehensive account of the activities carried out through the use of the resources provided is given in the Annual Report. 11 11 **APPENDIX 1 DECSY Income, Expenditure, Balances by Project/Activity 2025** |**ACTIVITIES/PROJECTS**|**General Fund**
**Unrestricted**
**Costs**|**General Fund**
**Reallocated**
**Costs**|**Schools Linking**
**Project**|**P4C Training**
**Events**|**Gender Action**
**Project**|**Climate Friendly**
**Schools**|**Total Funds**
**Restricted**|**Total Funds**| |---|---|---|---|---|---|---|---|---| |**FUNDING BODY**|||**The Linking**
**Network + Others**|**Postcode Lottery**
**+ Others**|
**Mission 44**|**Cobb Charity**||| |**PROJECT END DATE**|||**31/08/2026**|**31/12/2026**|**31/08/2025**|**31/12/2026**||| ||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**| |**Balance B/Fwd. 01/01/25**|**82,161.86**||**3,716.77**|**6,300.00**|**0.00**|**1,500.00**|**11,516.77**|**93,678.63**| |**INCOMING RESOURCES**||||||||| |**_Voluntary Income_**||||||||| |Deferred Grants|||12,370.00|2,000.00|(9,138.41)||5,231.59|**5,231.59**| |Grants|3,500.00||16,320.00||74,000.00||90,320.00|**93,820.00**| |Donations|33,163.08|||300.00|||300.00|**33,463.08**| |**_Charitable Activities_**|||||||-|| |Resource Centre Sales|493.50||||||-|**493.50**| |Training|4,462.50||||||-|**4,462.50**| |Consultancy/Contract Income|21,438.48||||||-|**21,438.48**| |**_Other Income_**|||||||-|| |Bank Interest|3,907.86||||||-|**3,907.86**| |Other Income|24.22||||||-|**24.22**| |**TOTAL INCOMING RESOURCES**|**66,989.64**||**28,690.00**|**2,300.00**|**64,861.59**|**-**|**95,851.59**|**162,841.23**| |**RESOURCES EXPENDED**||||||||| |**_Cost of employees_**|**109,967.47**|**(69,404.08)**|**21,035.00**|**2,850.00**|**45,279.08**|**240.00**|**69,404.08**|**109,967.47**| |**_Premises & Equipment Costs_**||||||||| |Rent &Premises Overheads|17,280.93|(5,700.00)|||5,700.00||5,700.00|17,280.93| |Insurance|1,266.84|||||||1,266.84| |Stationary, postage andphone|244.02|(305.00)|305.00||||305.00|244.02| |Computer/IT|940.57|||||||940.57| |**_Totalpremises costs_**|**_19,732.36_**|**_(6,005.00)_**|**_305.00_**||**_5,700.00_**||**_6,005.00_**|**19,732.36**| |**_Operation Costs_**||||||||| |Staff Training& conference|28.00|||||||28.00| |Staff Expenses|378.49|||||||378.49| |Promotion and MarketingCosts|3,220.00|||||||3,220.00| |Resources & Materials for Projects|||6,024.57|4,900.00|13,882.51|19.00|24,826.08|24,826.08| |P4C & other in-house trainingcosts|403.04|||||||403.04| |**_Total operation costs_**|**_4,029.53_**|**_-_**|**_6,024.57_**|**_4,900.00_**|**_13,882.51_**|**_19.00_**|**_24,826.08_**|**28,855.61**| |**_Governance Costs_**||||||||| |Share of employee costs|2,364.00|||||||2,364.00| |Governance Costs|373.44|||||||373.44| |Independent examination|600.00|||||||600.00| |**_Totalgovernance costs_**|**_3,337.44_**|||||||**3,337.44**| |**_Other Costs_**||||||||| |Bank Charges|61.00|||||||61.00| |Payrollprocessing|537.93|||||||537.93| |Subscriptions|144.20|||||||144.20| |Miscellaneous|504.75|||||||504.75| |**_Total other costs_**|**_1,247.88_**||**_-_**|||||**1,247.88**| |**TOTAL RESOURCES EXPENDED**
**SURPLUS/(DEFICIT) IN YEAR**|**138,314.68**|**(75,409.08)**|**27,364.57**|**7,750.00**|**64,861.59**|**259.00**|**100,235.16**|**163,140.76**| ||**4,084.04**||**1,325.43**|**(5,450.00)**|**(0.00)**|**(259.00)**|**(4,383.57)**|**(299.53)**| |**TRANSFERS BETWEEN FUNDS**||||||||| |**Balance C/Fwd 31/12/25**|**86,245.90**|**-**|**5,042.20**|**850.00**|**(0.00)**|**1,241.00**|**7,133.20**|**93,379.10**| **12**