**REGISTERED CHARITY NUMBER: 1154463**
**Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 August 2025**
**for**
## **HertsCam Network**
**HertsCam Network**
## **Contents of the Financial Statements for the Year Ended 31 August 2025**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 2|
|**Statement of Financial Activities**|3|
|**Balance Sheet**|4|
|**Notes to the Financial Statements**|5 to 9|
|**Detailed Statement of Financial Activities**|10|
## **HertsCam Network**
## **Report of the Trustees for the Year Ended 31 August 2025**
The trustees present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The stated objectives are:
To advance education for the public benefit through the provision of award-bearing programmes such as the 'Teacher Led Development 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**
In this academic / financial year 2024-25, HertsCam has focused on the ‘Legacy Project’ which was designed to to produce the best possible resources to support ‘non-positional teacher leadership’ and make them available globally at no cost to whoever may find them useful.
Schools in the UK which have previously used our programmes have been encouraged to continue to use our materials without the additional support from a HertsCam Managing Group. We have pursued the plan agreed by Trustees last year to close the organisation before the end of this calendar year (2025) having published a range of resources that would enable others to take our work forward in the future. Our guidance materials and workshop tools are currently being given away under a Creative Commons licence. The key guidance document has been translated into Arabic, Kazakh, Russian, Serbian and Spanish and we anticipate more translations within the next few weeks.
Alongside this, we have created a new website which will continue to publicise the legacy publications for several years to come. These have also been disseminated through events in the UK and abroad in which HertsCam has been able to achieve its goals to promote and advocate for teacher leadership in the UK and globally. This legacy work has drawn from the remaining funds and we expect to close our bank account in November with a zero balance.
Also in 2024-25, HertsCam has collaborated with UNESCO in Almaty, Kazakhstan to support the Remote and Rural Schools project.
## **ACHIEVEMENT AND PERFORMANCE**
The HertsCam Legacy Project has involved the publication of a book with Routledge (publishing) alongside a freely downloadable guidance document and workshop materials. This has been very successful as illustrated by the many responses we have received from individuals and organisations. We are confident that this meets our charitable aims.
The new website – www.nonpositionalteacherleadership.com successfully shares our intellectual property and has been warmly welcomed. It also contains an archive which continues to distribute and draw attention to our e-books which had previously been translated into other languages including Arabic, Russian and Serbian.
Page 1
## **HertsCam Network**
## **Report of the Trustees for the Year Ended 31 August 2025**
## **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.
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 that date the constitution changed to that of a Charitable Incorporated Organisation.
## **Recruitment and appointment of new trustees**
At the beginning of 2023-24, one of the Trustees – Chris Ingate - dropped out. The membership since then has included: Jo Mylles (chair), David Frost (deputy chair), Gary Holden, Cathy Barr, Jim Nixon and Fay Turner.
In 2024-25 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 Charity number**
1154463
## **Registered office**
Unit 1b Focus Four Fourth Avenue Letchworth Hertfordshire SG6 2TU
## **Trustees**
Dr D C Frost BED MA PHD Mrs C A Barr Dr G P Holden Dr F A Turner Mrs J K Mylles Mr W J Nixon
Page 2
## **HertsCam Network**
## **Statement of Financial Activities for the Year Ended 31 August 2025**
|Unrestricted
Restricted
funds
funds
Notes
£
£
**INCOME AND ENDOWMENTS FROM**
Other trading activities
2
3,600
-
**EXPENDITURE ON**
**Charitable activities**
Charitable Activity
42,512
-
**NET INCOME/(EXPENDITURE)**
(38,912)
-
**Transfers between funds**
9
-
-
**Net movement in funds**
(38,912)
-
**RECONCILIATION OF FUNDS**
Total funds brought forward
70,274
-
**TOTAL FUNDS CARRIED FORWARD**
31,362
-|2025
Total
funds
£
3,600
42,512
(38,912)
-
(38,912)
70,274
31,362|2024
Total
funds
£
22,127
30,429
(8,302)
-
(8,302)
78,576
70,274|
|---|---|---|
The notes form part of these financial statements
Page 3
## **HertsCam Network**
## **Balance Sheet 31 August 2025**
|Unrestricted
Restricted
funds
funds
Notes
£
£
**CURRENT ASSETS**
Debtors
7
6,144
-
Cash at bank
26,718
-
32,862
-
**CREDITORS**
Amounts falling due within one year
8
(1,500)
-
**NET CURRENT ASSETS**
31,362
-
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
31,362
-
**NET ASSETS**
31,362
-
**FUNDS**
9
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|2025
Total
funds
£
6,144
26,718
32,862
(1,500)
31,362
31,362
31,362
31,362
-
31,362|2024
Total
funds
£
352
79,462
79,814
(9,540)
70,274
70,274
70,274
70,274
-
70,274|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 13[th] October 2025 and were signed on its behalf by:
Mrs Joanne Mylles Trustee
The notes form part of these financial statements
Page 4
**HertsCam Network**
## **Notes to the Financial Statements for the Year Ended 31 August 2025**
## **1. 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible 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% on cost
## **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.
## **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.
Page 5
continued...
## **HertsCam Network**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2025**
## **2. OTHER TRADING ACTIVITIES**
|HFL Funding
College/ School Contributions
Misc Income
International Teacher Leadership|2025
£
-
3,600
-
-
3,600|2024
£
3,831
450
750
17,096|
|---|---|---|
|||22,127|
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.
## **Trustees' expenses**
During the year no expenses were paid to Trustees (2024 - £nil)
## **4. STAFF COSTS**
Wages and salaries relate to amounts paid to other organisations for the provision of personnel time.
## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
Restricted
funds
funds
£
£
**INCOME AND ENDOWMENTS FROM**
Other trading activities
22,127
-
**EXPENDITURE ON**
**Charitable activities**
Charitable Activity
30,429
-
**NET EXPENDITURE**
(8,302)
-
**Transfers between funds**
5,477
(5,477)
**Net movement in funds**
(2,825)
(5,477)
**RECONCILIATION OF FUNDS**
Total funds brought forward
73,099
5,477
**TOTAL FUNDS CARRIED FORWARD**
70,274
-|Total
funds
£
22,127
30,429
(8,302)
-
(8,302)
78,576
70,274|
|---|---|
Page 6
continued...
**HertsCam Network**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2025**
## **6. TANGIBLE FIXED ASSETS**
|**6.**|**TANGIBLE FIXED ASSETS**|||||||
|---|---|---|---|---|---|---|---|
|||||||Computer||
|||||||equipment||
|||||||£||
||**COST**|||||||
||At 1 September 2024 and|||||||
||31 August 2025|||||841||
||**DEPRECIATION**|||||||
||At 1 September 2024 and|||||||
||31 August 2025|||||841||
||**NET BOOK VALUE**|||||||
||At 31 August 2025||||||-|
||At 31 August 2024||||||-|
|**7.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||||||
|||||2025||2024||
|||||£||£||
||Trade debtors||||-||-|
||Prepayments and accrued income|||6,144||352||
|||||6,144||352||
|**8.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE**||**YEAR**|||||
|||||2025||2024||
|||||£||£||
||Deferred income||||-||-|
||Accrued expenses|||1,500||9,540||
|||||1,500||9,540||
|**9.**|**MOVEMENT IN FUNDS**|||||||
||||Net|Transfers||||
||||movement|between||At||
|||At 1.9.24|
in funds|funds||31.8.25||
|||£|£|£||£||
||**Unrestricted funds**|||||||
||General fund|70,274|(38,912)||-|31,362||
||**TOTAL FUNDS**|70,274|(38,912)||-|31,362||
Page 7
continued...
**HertsCam Network**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2025**
## **9. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|3,600|(42,512)|(38,912)|
|**TOTAL FUNDS**|3,600|(42,512)|(38,912)|
## **Comparatives for movement in funds**
|Net
Transfers
movement
between
At 1.9.23
in funds
funds
£
£
£
**Unrestricted funds**
General fund
73,099
(8,302)
5,477
**Restricted funds**
HFL Funding
5,374
-
(5,374)
Open Society Foundation
103
-
(103)
5,477
-
(5,477)
**TOTAL FUNDS**
78,576
(8,302)
-|At
31.8.24
£
70,274
-
-
-
70,274|
|---|---|
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|22,127|(30,429)|(8,302)|
|**TOTAL FUNDS**|22,127|(30,429)|(8,302)|
Page 8
continued...
## **HertsCam Network**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2025**
## **9. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|Net
Transfers
movement
between
At 1.9.23
in funds
funds
£
£
£
**Unrestricted funds**
General fund
73,099
(47,214)
5,477
**Restricted funds**
HFL Funding
5,374
-
(5,374)
Open Society Foundation
103
-
(103)
5,477
-
(5,477)
**TOTAL FUNDS**
78,576
(47,214)
-|At
31.8.25
£
31,362
-
-
-
31,362|
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|25,727|(72,941)|(47,214)|
|**TOTAL FUNDS**|25,727|(72,941)|(47,214)|
## **Transfers between funds**
During the prior period, any funds previously held as restricted were transferred to general funds on the basis that the trustees believe that any restriction that was present at the time of the original allocation of the funds no longer exists.
## **10. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 August 2025 (2024 - £nil).
Page 9
## **HertsCam Network**
## **Detailed Statement of Financial Activities for the Year Ended 31 August 2025**
|**INCOME AND ENDOWMENTS**
**Other trading activities**
HFL Funding
College/ School Contributions
Misc Income
International Teacher Leadership
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Fees in respect of delivery of training
**Support costs**
**Management**
Administrative support
Financial support
Insurance
Postage, stationery & advertising
Network events and conference
Sundries
Meetings and travel
**Other**
Accountancy
**Governance costs**
Legal fees
Total resources expended
**Net (expenditure)/income**|2025
£
-
3,600
-
-
3,600
3,600
31,105
-
7,600
-
1,726
581
-
-
9,907
1,500
-
42,512
(38,912)|2024
£
3,831
450
750
17,096
22,127
22,127
19,468
-
7,000
96
639
-
648
749
9,132
1,829
-
30,429
(8,302)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 10