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REGISTERED COMPANY NUMBER: (England and Wales) REGISTERED CHARITY NUMBER: 1154463
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 August 2021
for
HertsCam Network
;
George Hay Partnership LLP Chartered Accountants Unit 1B Focus 4 Fourth Avenue Letchworth Hertfordshire SG6 2TU
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HertsCam Network
Contents of the Financial Statements for the Year Ended 31 August 2021
| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 11 |
| DetailedStatementofFinancialActivities | 12 |
ig
HertsCam Network
‘
Report of the Trustees for the Year Ended 31 August 2021
The trustees present their report with the financial statements of the charity for the year ended 31 August 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
OBJECTIVES AND ACTIVITIES Objectives and aims To advance education for the public benefit through the provision of award-bearing programmes such as. the ‘Teacher Led Development Work (TLDW)' programme and the 'MEd in Leading Teaching and Learning’ programme. Such programmes enable teachers and other education professionals to initiate, plan and lead change in their schools.
To support teacher leadership globally through the International Teacher Leadership (ITL) initiative which involves entering into partnerships with colleagues to create programmes based on the design of established HertsCam programmes.
To promote advocacy for teacher leadership through publications and contributions to professional and academic conferences both in the UK and abroad. Significant activities ‘AnnualNetworking was facilitated through aprogramme of Network Events hostedby schoolsin the network and. an. to Conference hosted by Barnwell School and organised by HertsCam. These activities have continued enable teachers and schools to develop and improve their practice and our networking arrangements have facilitated the sharing and development of professional knowledge about teaching and learning and about the leadership. of developmental processes. Programme participants have been enabled to engage in networking activities which in recent times have been conducted online. In 2020-21, many of these events have been international, organised in collaboration with partners such as the CairoCam Network and the Teacher Leadership in Kazakhstan initiative. Also in this financial year, events have had to be conducted online using video-conferencing facilities. ACHIEVEMENT AND PERFORMANCE
In the 2020-21 academic year, the Teacher Led Development Work programme supported approximately 52 teachers, each of whom designed and led development projects that made a difference to professionali practice in their schools. The MEd programme has been conducted in partnership with the University of Hertfordshire. The programme enabled 14 teachers to complete the second year of the programme and be awarded degrees in September 2021. Their graduation ceremony included those who had been awarded the degree in the previous year. It had been postponed because of the pandemic. All seminars and tutorials had to be conducted online due to the pandemic. HertsCam had formal agreements which enabled us to support teacher leadership programmes _ in Kazakhstan, Egypt and Malaysia. Other initiatives and collaborations were the subject of discussion. The networking programme included six events hosted in different schools in the Hertscam Network. Attendance at these events varied between 50 and 150 participants. The Annual Conference hosted by Barnwell School, staged in June involved approximately 150 participants including a number of visitors from abroad. In 2019-20 teachers in HertsCam were enabled to participate in international network events in collaboration with our international partners. The website - www.hertscam.org.uk - has continued to publicise our work and make available electronic versions of our books which helps to share professional knowledge with the wider educational community. HertsCam continued to distribute and draw attention our e-books which had previously been translated into other languages including Arabic, Russian and Serbian. In 2020-21 funding was provided by Open Society Foundations to enable the translation of further papers to support the promotion of teacher leadership.
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HertsCam Network
Report of the Trustees for the Year Ended 31 August 2021
FINANCIAL REVIEW
Reserves policy
The policy is that surplus funds remaining after accounts are balanced at the end of the year are used to develop and improve the network's activities. The Board of Trustees considers proposals to establish budgets for the purposes of supporting improvements to the infrastructure of the network or to support initiatives to extend the activities of the network in accordance with its charitable objects. In 2020-21 the Board took a decision to continue to use surplus funds to finance the enhancement of our staffing in order to try to achieve organisational sustainability within one-two years.
We are satisfied that the finances of the network are in good order and that revenues are sufficient to support the activities of the network going forward.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Up until October 2019 HertsCam Network was controlled by its governing document, a deed of trust, and constituted a limited company, limited by guarantee, as defined by the Companies Act 2006. From this date the constitution changes to that of a Charitable Incorporated Organisation.
Recruitment and appointment of new trustees
The membership, as listed below, was confirmed at the Annual General Meeting in October 2020.
in. 2020-21 trustees have taken an active part in developing HertsCam's. structures. and processes | for governance and management.
Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number (England and Wales)
Registered Charity number 1154463
Registered office Unit 1b Focus Four Fourth Avenue Letchworth Hertfordshire SG6 2TU
Trustees
Dr DC Frost Dr C J Ingate Mrs C A Barr MR Younger W J Nixon
Independent Examiner Richard Dilley FCA FCCA George Hay Partnership LLP Chartered Accountants Unit 1B Focus 4 Fourth Avenue Letchworth Hertfordshire SG6 2TU
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HertsCam Network
Report of the Trustees for the Year Ended 31 August 2021 Approved by order of the board of trustees on ened SL SADZ Cre woes weNST as ccseenevstseeesenerseeereevanes
and signed on its behalf by:
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Independent Examiner's Report to the Trustees of HertsCam Network
Independent examiner's report to the trustees of HertsCam Network (‘the Company’) | report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also 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, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2014 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part_ of an independent examination; or
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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 (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
| 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.
Richard Dilley FCA FCCA
George Hay Partnership LLP Chartered Accountants Unit 1B Focus 4 Fourth Avenue Letchworth Hertfordshire SG6 2TU Date: Ades |rore..
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HertsCam Network
Statement of Financial Activities for the Year Ended 31 August 2021
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|---|---|---|---|---|---|---|---|
|2021|2020|
|Unrestricted|Restricted|Total|Total|
|funds|funds|funds|funds|
|INCOME AND|ENDOWMENTS|FROM|Notes|£|£|£|£|
|Other trading|activities|2|97,848|-|97,848|118,786|
|EXPENDITURE|ON|
|Raising|funds|854|-|854|-|
|Charitable|activities|
|Charitable|Activity|113,127|904|114,031|148,446|
|Total|113,981|904|114,885|148,446|
|NET INCOME/(EXPENDITURE)|(16,133)|(904)|(17,037)|(29,660)|
|RECONCILIATION OF|FUNDS|||;|.|;|.|
|Total funds|brought forward|79,457|6,381|85,838|115,498|
|TOTAL FUNDS CARRIED FORWARD|63,324|5,477|68,801|85,838|
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The notes form part of these financial statements
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HertsCam Network
| Balance Sheet | Balance Sheet | |||||
|---|---|---|---|---|---|---|
| 31 August 2021 | ||||||
| 2021 | 2020 | |||||
| Unrestricted funds |
Restricted funds |
Total funds |
Total funds |
|||
| Notes | £ | £ | £ | £ | ||
| CURRENTASSETS | ||||||
| Debtors Cash at bank |
6 | 1,350 73,898 |
- 9,308 |
1,350 83,206 |
2,252 99,050 |
|
| 75,248 | 9,308 | 84,556 | 101,302 | |||
| CREDITORS | ||||||
| Amounts falling duewithin | one year | 7 | (11,924) | (3,831) | (15,755) | (15,464) |
| NETCURRENTASSETS | 63,324 | 5,477 | 68,801 | 85,838 | ||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | 63,324 | 5,477 | 68,801 | 85,838 | ||
| NET ASSETS | ; | 63,324 | 5,477 | 68,801 | 85,838 | |
| FUNDS | 8 | |||||
| Unrestricted funds | 63,324 | 79,457 | ||||
| Restricted funds | 5,477 | 6,381 | ||||
| TOTALFUNDS | 68,801 | 85,838 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.
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The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ed SAS | Me ecccccccs, and were signed on its behalf by: ee ere
The notes form part of these financial statements
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HertsCam Network
Notes to the Financial Statements for the Year Ended 31 August 2021
- ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ; ; .
Tangibie fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment
- 33% oncost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Charitable incorporated organisation On the 15th October 2019 the company converted to a Charitable Incorporated Organisation and have therefore been removed for the registrar of companies at this date.
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HertsCam Network
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| College/ School Contributions | 67,775 | 104,860 |
| Open Society Foundation | - | 1,976 |
| Teacher Leadership | 30,073 | 11,950 |
| 97,848 | 118,786 |
- TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020.
Trustees’ expenses
During the year no expenses were paid to Trustees (2020 - £504).
| 4. | COMPARATIVES FORTHE STATEMENT | OF FINANCIAL | ACTIVITIES | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| ; | gf | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | |||||
| Other trading activities | 116,810 | 1,976 | 118,786 | ||
| EXPENDITURE ON | |||||
| Charitable activities | |||||
| Charitable Activity | 147,477 | 969 | 148,446 | ||
| NET INCOME/(EXPENDITURE) | (30,667) | 1,007 | (29,660) | ||
| RECONCILIATION OF FUNDS | |||||
| Total funds broughtforward | 110,124 | 5,374 | 115,498 | ||
| TOTAL FUNDS CARRIED FORWARD | 79,457 | 6,381 | 85,838 | ||
| 5. | TANGIBLE FIXEDASSETS | ||||
| Computer | |||||
| equipment | |||||
| £ | |||||
| COST | |||||
| At 1 September 2020 and | |||||
| 31 August2021 | 841 | ||||
| DEPRECIATION | |||||
| At 1 September 2020 and | |||||
| 31 August 2021 | 841 | ||||
| NET BOOKVALUE | |||||
| At 31 August 2021 | - | ||||
| At 31 August2020 | - | ||||
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HertsCam Network
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
| 6, | DEBTORS: AMOUNTS FALLING DUEWITHIN ONEYEAR | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| £ | £ | |||
| Trade debtors | 1,350 | 2,252 | ||
| 7. | CREDITORS: AMOUNTS FALLING DUEWITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| £ | £ | |||
| Deferred income Accrued expenses |
6,986 8,769 |
6,731 8,733 |
||
| 15,755 | 15,464 | |||
| 8. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.9.20 | in funds | 31.8.21 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| Generalfund _ |
79,457 | (16,133) | _ 63,324 | |
| Restricted funds | ||||
| HFL Funding Open Society Foundation |
5,374 1,007 |
- (904) |
5,374 103 |
|
| 6,381 | (904) | 5,477 | ||
| TOTALFUNDS | 85,838 | (17,037) | 68,801 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 97,848 | (113,981) | (16,133) | |
| Restricted funds | ||||
| Open Society Foundation | - | (904) | (904) | |
| TOTALFUNDS | 97,848 | (114,885) | (17,037) |
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HertsCam Network
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
8. MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
:
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|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Net|
|movement|At|
|At|1.9.19|in|funds|31.8.20|
|£|£|£|
|Unrestricted|funds|
|General|fund|110,124|(30,667)|79,457|
|Restricted|funds|
|HEFL|Funding|5,374|-|5,374|
|Open|Society|Foundation|-|4,007|4,007|
|5,374|4,007|6,381|
|TOTAL|FUNDS|115,498|(29,660)|85,838|
|Comparative|net|movement|in|funds,|included|in|the|above|are|as|follows:|
|-|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|116,810|(147,477)|(30,667)|
|Restricted|funds|
|Open|Society|Foundation|1,976|(969)|1,007|
|TOTAL|FUNDS|118,786|(148,446)|(29,660)|
|A|current|year|12|months|and|prior year|12|months|combined|position|is|as|follows:|
|Net|
|movement|At|
|At|1.9.19|in|funds|31.8.21|
|£|£|£|
|Unrestricted|funds|
|General|fund|110,124|(46,800)|63,324|
|Restricted|funds|
|HFL|Funding|5,374|-|5,374|
|Open|Society|Foundation|-|103|103|
|5,374|103|5,477|
|TOTAL FUNDS|115,498|(46,697)|68,801|
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HertsCam Network
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
8. MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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|||||||
|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|214,658|(261,458)|(46,800)|
|Restricted|funds|
|Open|Society|Foundation|1,976|(1,873)|103|
|TOTAL FUNDS|216,634|(263,331)|(46,697)|
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9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2021.
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HertsCam Network
Detailed Statement of Financial Activities
for the Year Ended 31 August 2021
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|---|---|---|---|---|---|---|
|2021|2020|
|£|£|
|INCOME|AND|ENDOWMENTS|
|Other trading|activities|
|College/ School|Contributions|67,775|104,860|
|Open|Society|Foundation|-|1,976|
|Teacher|Leadership|30,073|11,950|
|97,848|118,786|
|Total|incoming|resources|97,848|118,786|
|EXPENDITURE|
|Other trading|activities|
|Bad|debts|854|-|
|Charitable|activities|
|Fees|in|respect|of delivery|of training|25,294|76,732|
|Provision|of|training|accommodation|and|
|associated|costs|-|16,153|
|Open|Society|Foundation|904|1,938|
|26,198|94,823|
|Support|costs|
|Management|
|Administrative|support|77,346|29,120|
|Financial|support|2,625|7,803|
|Recruitment|fees|2,465|-|
|Insurance|-|484|
|Postage,|stationery &|advertising|2,444|10,522|
|Network|events|and|conference|-|31|
|Sundries|36|325|
|Travelling|989|2,367|
|85,905|50,652|
|Other|
|Accountancy|1,928|4,801|
|Governance|costs|
|Legal|fees|-|1,170|
|Total|resources|expended|114,885|148|446|
|Net expenditure|(17,037)|(29,660)|
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This page does not form part of the statutory financial statements
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