THE COUNCIL OF THE INNS OF COURT
(Conipany Limlted by Guorontee)
Rfi PORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Compaiiy Number,. 08804708
Charlty Number., 1155640

THE COUNCILOFTHE INNS OF COURT
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2024
Stat115
The organisation is a charitable coimpany liinit¢d by guarantee, incory)or&ted 6 DeceinEer
2013 and registered ￿ a charity on 5 February 2014. The charitable company coinmenced
operations on l July 2014.
Governing DOcu￿ent
The charity is contt'olled ty its memorandum and ai'licles of assrtiation, and constitutes a
limited coinpany, limited by guarantee, as defined by the Coinpanies Act 2006.
Co]llpally Number
08804708
Charity Number
1155640
Registered Office
9 Grny's Inn Square
London
WCIR5JD
Trustees
All Ti'ustee5 served throughout the year and thereafter except where stated..
Janet Bignell KC
Stephen Caitwi'ight OBE
Gregory Dorey CVO
Chantal Aiinee Doerries KC
Judge Jill Frances
Christophei. Ghika CBB
Rt Hon Loi'd Justice Nicholas Green
Anne Sharp CBE
Marion Sinith KC
Royal Bank of Scotland
5 - 10 Great Tower Street
Londoii
EC.IP 3HX
Banker5
Haysmac LLP
l O Queen Street Pla¢e
London
EC4R IAG
Auditors

THE COUNCIL OF THE INNS OF COURT
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Thistees are pleased to present their annual Trustees, Report together with the fmancial statements for the yeai. ended
J l Deceinber 2024 which ar¢ also prepared to Ine¢t the IEquir¢Jnents of a directors, report and accounts for Companies
Act pui'poses.
The financial stateinent5 coinply with the Charities Act 201 I, the Companies Act 2006, thc Mcimorandum and Articles of
Association and Accounting and Reporting by Charities- the Stateinent of Recoinmended Pra¢ti¢e appli¢able to charities
preparing their accounts in accordance with the Stateinent of Recommended Practice for Chorities (SORP 2015} (Second
Edition, effective l January 2019) and, the Financial RepL)rting Standard applicable in the UK gnd Republic of Ireland
(FRS 102).
CONSTITUTION
Th¢ Couneil of the Inns ofcourt ("COIC") is set up undei. its Meinorandum and ArliLles of Association, registered as a
Company Liinited by Guarant¢e, registration number 08804708 and is registered with ihe Charity Coinmission under th¢
Charities Act 2011, registration number 1155640.
COIC wos in¢orporated as a charitable coinpany liinited by guarantee on 6 December 2014. For the purposes of the
Coinp8nie$ A¢t 2006 the Board of Trustees is iegarded a5 the Board of Directr>rs of the company.
The liability of ihe Trustees, being members of the charitable compAny, is limited. Every meinber of the charitable
¢oinpany und¢rtgk¢s to Lunti'ibute tts the as5els of the ch&i'itable coinpany in the event of the same bellig wound up whilst
he is a Inemb¢r, or within vne year after he ¢eases to be a inember, for the payinent of the debts and liabilities of the
charitable coinpaiiy contrycl¢d before he ceased to be a Ineimber and for such eosts, charges and expenses of the winding
UP> and for ihe adjustin¢nt of ihe rights of the contributions among thernselves, such amounts as may be required, not
exceeding on¢ pouTr]d.
OBJECTIVES AND AcfIviTILS
The objects of the council 4r¢:
To advance education in the adtnini5tration and practice of the law alld relat¢d dis¢iplithes. including by providitjg
courses, training and educational materials, and by promoting? undertakin& and publishing r¢$ear¢h.
To pi'omote the sound adinsni5tration of the12w, including by.. promoting high standard5 of adv￿8¢Y to support
the i'ule of law. and overseeillg and eiiforcing professional st&nd&rds of conduct in relation to the piDvision of
advocacy and I'elated legal seivices, in each case, anywhere in the world and for the public benefit.
StrAteEle Aims
The stsal¢gi¢ aims in pui'suit of ihe above charEtablE objects &re to..
l. Provide ex¢¢llent Bar training foi. the selected ICCA cohort of Bai. sthdents.
2. Provide leadETship and guidance in advocacy tt'aining;
Provide a forum in which the Inns and otliei. advocacy trainers can Ineet and share inforination oj) advocacy.
4. Research & disseininate materials and best practice in advocacy and advocacy training,.
Organise educational training and other events.
6. Comniuni¢ate with all llilerested persons and organisations i'egarding adyocacy standards and tt'ainiiig.,
7. Liaise and CDopei'ate with legal jui'isdi¢tiorts outsid¢ of England and Wales in the provision of advocacy Iraining
and training of trdiners.
Pi'ovide & Bay tribunal heal'ings seryice that is Efficietkt, effective, timelyj professional and transparent and one
that uses up to date practices and approaches.
9. Facilitate high quality de¢i5ion-Inaking in the public it)terest'
10. PIDvide independence and clear separation of the adjudicatoiy fijnction from the prosecuting role of the Bar
Standards Board.

THE COUNCIL OF THE INNS OF COURT
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER2024
Objectives
In addition to puisuing its ¢haTLtable objectives and strategic aiins. a nuinber of specifie objectives were s¢É for 2024, of
which the most signifi¢at]t wtte..
IntroduciÉJg a shared cost5 model for the Tribunal Service, with funding provided by the Bar Standards Board.
Operating a high quality and fjt for purpose Tribunal Service by:
Delivering hearings in accoi'dan¢e wilh or exceeding the agJEed KPIS
Working with the BSB to improve ihe ¢ntirety of theii. enfoireiment proeeedings, and especially th¢
time it takes for cases to be brought to # ¢onclusion
3. Bringing BTAS up to date by investigating case InanagT¢tntnl and document management systeins, ensuring it opeTat¢s
a 'ri￿t lo be forgotten, coinpliant website, and that it caA accominodate high stgndard itt-person. hybrid and fully
remote liearings.
Reviewing the Inns, Conduct Cominittee Rules and processes.
ContinuEng to support and help demonstrate the efforts of the Inns of Court in providing high quality training by..
Co-ordinating the External Obseiver prograTnnie for Qualifying Sessions
Faeililating the development and exchange of good practice between the Inn's Directors of Education
6. Supporting the work of the Point of Call Working (iroup, ascertaining and coinmunicatin¥ the views of the Inns
Supporting the Inns and liaising with the BSB in the deYelopm¢nt of future pupillage ass¢55ments and related
training pi'ogr3inine&, including Nggotiali017 Skills andAdvocacySkills
Continue effoits to move Ihe Bar Coutse to break-even as soon as possible by..
Increasing student nuinbers by effective outreach inarketing & raising awarcne55 of the success and
quality of the course, including raising the pmfile of the ICCA a￿OngSt school and univa'sily students.
This will be achieved by sponsoring m(K)ts & supporting the Bar Coiincil's Bai. Placement Week, hosting
Open Days, Inonitoring website trttffic, developing links with Chainbers and provider5 of work-based
learning and irnpiDving communhcations intei'nally and ext¢rnally,'
Introducing a charge for students who choose to access the Part I mkterials for more thon 12 thonths
without entei'ing or passing the BSB exams from Septeiiibei. 2024.
Promoting and ¢xtendin¥ the IC.C.A BuTsary Scheme working in partnership with the SBAS to in¢rease
the fund and inake available mDrc buiBaries to deserving candidates;
Exploring the Iiins, appetite or altei'native sources of funding to build an ICCA Scholarship filnd to
reduce attrition between acceptance ond enrolment.
Regular improveinent alld irniediation of materio1$ and maintain the quality of teaching on the Bar Course, which
will lead to continued sector-leading assessinent aiid pupillage rates.
10. Ensui'ing the high-quality Bar Course is ac¢es5ibl¢ to cominitted. InotlVOted and dilKgent students i'egaidl¢ss gf their
baCkgrO￿rtd, by promoting diversity and equality of opportunity and widening participation. This will ￿ achÉ¢v¢d by
the iinpleinentation of the Fair recruitment Policy, blind sifting of candidates and cotktinual data analysis and
reporting.
I l. c.ontinuing to update and Inake ayailable Pupillage Ethi￿ materials to all pupils thei'eby generating an income for
the ICC.A and assistllig pupils to succeed in the BSB ass¢ssTneTrt.
12. Developing 2nd promoting the capability to host and Inaintsin content for the SBAS and Circuits on the ICCA'S VLE
on a fee-pg)Jing basis
13. Working wilh and supporting the Inn5 of Court. to pi'ovide leadership and guidance in high qualiry adv￿acY
including by..
Rolling out the A￿O¢aCy￿0r Childi'en in Covfli¢l wilh ihe Law (ACCL) course £thd encouraging its
a¢¢redi(aliun by the Regulator to enable practilioTrer5 to deinonstrate competeiice.
b. Continuing to support and develop th¢ Advocacy ihe Ytrlnei'oblé.. Crinie and Fainily prograinines by
trainin¥ Facilitators for the FAmily Law Ila¥ Association and ihe c.mwn Proseeution Service.
14. Supporting the cvntinued linprov￿￿¢nI of advocacy trdining in jurisdictions out8id¢ of the UK by seeking external
funding and explorinbj methods of providing high quality and seed corn training to d&%erving orgat)isations.
15. Capiralising on the ICCA'S developiTJent of expertise in e-Le81'ning by offering the Inn5 ppd Circuits assistance in
developing* enhanGin8 and hosting online tJ2ining inateria15 10 5UPPOrt their delivery of high-quality training, and
doing so on an at-cost basis.

THE COUNCIL OFTHE INNS OFCOVRT
TRUSTEES, REI PORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Objective5 (Continued)
16. In Consultation with the Governing Body, the Inn5 and Circuits; identifying, researching and scoping possible future
workstieains that are necessary for the Bar to irmain cui'rent and inforjned in pi'actice including Trauina-informed
lawyei'ing, tackling rape Jnyihs, and Artificial Intelligence (bringing digital literacy lo the foie}, Pupil Supervisor
training and tizining in appellate advocacy or written advocacy foi. the CiviVFainily Bar.
17. Assisting th¢ Circuits to Inanage the developinent of new Tegulatory requiirments in the delivery of Pupillage
Advocacy and New Practitioner Training by enabling thein to acce5S the ICCA'S VLE and by offering new training
materials to deliver to Pupils and New Practitioners.
Public Benefit
Jn deterinining strategy and activity the Trustees had regard to the ChaTity ComTlli55ion's guidance on public benefit. COIC
exists to..
Advance education in the adtninistration and practice of the law, principally through the activities of the Iruhs of
Courl Colle
e of Advocac
by providing leadership, guidance and co-ordination in relation to the pttrsuit of
academic and professional excellence for the bar.
Enforce professional standard5 of conduct amongst barristers through the activities of the B r Tri
Ad'udicaiion Service for exainple..
i. Appointing and administering Disciplinary Tribunals for barristers facing Charges of profe55ional misconduct.
Tribunals are open to the public, and the charges and findings of the TrIbUna￿S are published in the public
domain.,
Appointing and administering InteTitn Suspension Panels and Fitness to Practice Panels for knTristers'
iii. Appointing and adininistering Inns, Conduct Cominittee Heal'ings to consider admission and disciplinary cases
brought against individuals aspiring to be called to the bar of England and Wales, and so deteiJnin¢ whether
they are fit and proper to be practising barristers;
and doing so at no cost to the public or th05¢ involved in the hearing process.
nal
an
ACHIEVEMENTS AND PERFORMANCE
A shared costs model was implemented as part of a new Service Agreeinent that, from l April 2024, sees the Bar
Standai'ds Board contribute 50 % of BTAS's operating costs.
We experienced very high levels of Ti'ibunal activity throughout 2024, both in terms of the nu]nber and coinplexity
of cases handled, delivering a high quality service thrOu￿Out. We additionally engaged productively with the BSB,
supporting theii. priority of improving the entirety of the Bar's enforceinent proceedings.
We investigated improveinents to its facilities and systeins. that will be impleinented in tiine to support and enable
the tiinelines arising froin the BSB review into enforcement proceedings.
We continue to work with the BSB to review and iinproye the Inns, Conduct Coinmittee Rules and processes.
Working closely with the Inns, Directors of Education we continued to 5ucce55fully coordinate the External
Obsei'ver prograinme for Qualifying Se55ions, including the changeover to- and induction of - new EO'S.
We continued to assist the Inns of Court to det¢rinine, in the current environment, what the inost appropriate tllning
is for individuals to be Called to the Bar.
We have supported the Inns and Circuits and sought iterative accreditation troim the BSB to develop a Pupillage
Negotiation Course which will be piloted in 2026 and rolled out thereafter.

THE COUNCIL OF THE INNS OF COURT
TRUSTKES, REPORT
FOR THE YEAR ENDEID31 DECEMBER 2024
Aehlevement5 offid Performance (Continlled)
We have Continued efforts to move the BaT Cuur&e to bieak-evetj as soon as possible by-
In¢Yeasing studenl nuinbers by effective outreach and tnarketing & i'aising awareness of the succ&%s and
quality of the course, including raising the profile of the ICCA amongst school and university studcnts. This
was achieved by sponsoring moots & 5UPPOrting the Bai. Coiincil's Bai. Pla¢einent Week, hosiing Open Days,
monitoring website traffic, developing links with Chainbei's and providers of work-based learning and
improving comwnunications intei'nally externally. The outcoine was another increase in 2025 of
appli¢ations for 2025n6 entry;
We aim to introduce a charge for sthdents who choose to access the Part I materials foi. Inore than 12 months
without entering or passing tlie BSB exains from Sept¢inbei' 2025,.
W¢ have prornoted the ICCA Bursary Scheme working in partAci%hip with the SBA5 and we aim to increase
the fulld and inake avaslable more buisaries to deservirg candidates iesulting in a number of socio-
economiLdlly and disadvantaged studeiits accessing funding loi. the Bar Course,.
We continue tD explore the Inn5, appetile or alternative sources of funding to build an ICCA Scholarship fund
to I'edu¢e attrition between acceptance and enrolment, which inay be possible once the ICCA Mrns a pi'ofit on
9tudent fees.
We have imPiDved and reinediated Inaterials aT)d maintained the quality of teaching on the Bar Course, which has
led to continued 5eCtor-leadinB 25gessinenl result5 and pupillage rate5. The BSB centrali5ed assessment results for
Deceinbei. 2025 were the highest they have been since 2021.
10. We have ensured that the high-quality Bar Course is acces5sble to cominitted, motivated and diligent students
regaydless of their background, by pioinoting diversity and equality of opportunity and widening partlcipation. This
was achieved by tl)¢ itnplemenlation of the Fair recruitsn¢nt Policy, bliiid sifting of candidales and continual data
analysis and reporting. We hAve improved all areas of data reporting by the appoilltment tsf a new Data and
Planning Manager.
I l. We have continued lo update and make available Pupillage Ethics matei'ials to all pupi15 thereby generatitig an
incoime for ihe ICCA and assisting pupils to succeed ￿ the BSB assessment.
12. We have developed and promoted the capability of the ICCA to host and maintain content for the SBAS and
Circttits on the ICCA'S VLE on a fee-payin¥ basis anif each of the Cii'cuits now has its own tenancy on oui. VLE.
13. We have worked with and supported the Inns of Court, lo provide leadership and guidance in high quality advo¢acy
including by..
D¢livcring the Advocacy foi. Children I￿ Conflict with the Law {ACCL) course and encouyaging its
accieditation by the Regulator to enable praclitlDneis to demonstrate coinpelence;
Continuing to support and develop the Advocacy and the Vulnerable: Criine and FaTnily programines by
Inoving the web-based matei'ials to a VLE based prograirjjne with extended interactiyity.
14. We hav¢ supported the continued iinpi'ovem¢nt of advocacy b'aining in jurisdictioiis gulside of the UK by Seeking
external funding and exploring Inethods of providing high quality and seed corn training to deserving organisalions.
In particulor, we have Inade sigThificaJit progi'ess in Sierra Leone. We have also launched aiid f8cilitated a six-
weekly foruits for all inteirsted international advocacy trainers to join tog¢iher to shale best practiee.
The charity does not fundraise with Jneinbers of the public and have had no fundraising coinplainls in the year.

THE COUNCIL OFTHE INNS OF COURT
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
FINANCIAL REVAEW
The total income for the year of £4,757,488 coinpi'ised grants of £1,351,376 from the Inns of Court. £3,295,688 of fee
in¢oJne, a don&tion of £20,000 froin thc Coinmercial Bar Association as a r¢stricled fund to establisli a bui'sary 5cheine, as
well as bank interest of £25,702.
After deducting unrestricted expenditure of £4,710,844 the charity Inade a svrplus of £26,644 on ￿niEStric*d funds. This
was with the approval of the Trugtees.
The Trustees regUl￿'1Y ass¢s5 Itjajor risks io which the charity is exw)sed, in partRcular oper8tional and finan¢ial risks,
following the Charity Commission's guidan¢e. COIC has devised and put iTt place a detallcd Disastei. Recov¢ry and
Business Continuity Plan. We confiiin that, for each idetltified risk, there are defined Inonitoring, control and ￿vEeW
Systems, with %pccific allo¢atioTr of responsibilitie5 in place.
Key Risks include..
A failui'e to In¢et I"ecruitinent targets for th¢ ICCA Bar Couise. or to overestiillate actual nuinbers enrolling on the
Course, will l¢ad to a ￿dUctIon in fee incorne. This will iTnpact on cashflow and will requiie careful and activ¢
Inanagement to ensure the 01￿07ng viability of the cou13e. ThEs risk will be mitigated by using efficiency savings (for
casliflow issues) and (to iiici'¢ase future 8tudcnt nutnbers) eVal￿atIng and revis111&I the ICCA'S recruitment strategy.
2. Adverse finding5 about any aspect of the ICCA Bar Course by any of its regulatory or authorising bodies inay cause
reputfttional dainage and affect the viability of the course. To be mitigated by ensui'ing the course (in d¢Si￿n, delivery
and governance) L5 of the highest $tandai'd, and quantitative and qualitative data is constantly collected 8nd analysed
to ensui'e this can be effectively Inonitored.
3. L05s of access to Tribunal suite or COIC Offfioes (due to flir or other cause). To be Iniligated by disaster recovery
processes including working online to Continue to d¢liver leaching andlor Ti"ibunals when it is appropriate to do so;
4. Tribunals and ot]iei. hearings not dclivered in accordanee with the applicable i'egulations / processes leading to legal
challcnge /costs against COIC. To be miti¥aledby Tribunal Panel Meinber & staff ti'aining, rules & standwd operating
procedui'es, supported by Yegular appraisals. Insurance is in place to Ininimise financial i'isk tv Ihe charity.
5. As a sEnall organisation COIC is Inoye exposed th3n lar8Er ones to significant levels of staff turnover- the iinpaci of
even a small numbei. of staff leaving 5iinultaneously could ijnpact on our ability to delivei.. To be Initigated as above
by SOPS, èppraisal, traiTring and flexibility of staff (with eross-skilling acro55 key fvn¢tioiis) and, if necessary, deferral
of non-essenlial work.
While COIC is aijnost entirely dependent on tlie four Inns of Court for all non-student fee income, the probability offvnds
not being foith¢oniing is extTeinely low. The Inn5 have I'epcatcdly confirmed their coininitment to COIC, and aniiual
confirination is provided Ihat they will continue to piDvide support g￿d funding. Additsonttlly, COIC has not laken on
liabilitsel beyond this, and in 2019 the Inns agreed a 'Deed of Undertaking, that Inade their cominitinent to fEnancially
suppoi't the ICCA Bai. Course legally enfoiceable. In 2024 COIC ha5 Started imposing a small fee for access to 50]ne of its
online CPD Inateria15 to diversify its sources of incoime, and this led to £62.196 of income i'eceived in 2024.
The continued development of th¢ ICCA. and in particular the transition to a financially self-staining Barcgurse, i5 a major
undertaking. This will require contknued careful platjning of staff levels, resources and finance supported by careful
Inanaga￿cnl by staff and oversight I govei"nance by the Ti'ustees and Boai'd of Goverllors.

THE COUNCJLOFTHE INNS OF COURT
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
RFSERVES POLICY
Tlie Board of Trustees have re501ved that the 5uins equivalent to two month's in¢ol￿t be held in Irserve, which for 2024
alnounted to £792,915. The Ti'ustees have Irsolved thal. with thetr approval, the Charsly may use up to half of it5 resei'ves
to Enanage any shoi't-term cash flow needs, such ￿ those arising froin inevitable fluctuation5 in student numbei's (and
associated fee incoinel, but that the full two Inoiith's sum Inust be re-established witliin a pei'iod of 12 months. The
reserves are held to meet any additional costs incurred should COIC cease trading
In setting this level of reserve, the Board of Trustees noled the ￿ndel￿kIng given by each of the four Inns of Court in their
annual grant lett¢r'.
"The Itjn undertakes to give the Chayity thiee months, notice, or a fiirther grant equivalent to three month5, running costs
of ihe Chai'ity, if the Inn decides not to Inake a wnt in future years or decides to 5ubslantially Yeduce the grant such that
the Charity is not 3ble to meet its running costs"
During ihis yeai. of ac¢ounl the actual level of fre¢ T¢5Erves ainounted to £798,888. whi¢h exceeds the target by £5.973.
The Trustees are satisfied this is appL'oprEate.
PLANS FOR FUTURE PERIODS
A nuinber of allns and objectives have been set for 2024, of which the most 51￿11f1t&nt are..
Enhancement of the Tribunal Service's perforEnance by continu¢d engageinent with (2nd impleinentation of
worksireams arising froinl the BSB'S review of the B&r's enforcem¢nl proceedings=
Improving BTAS, processes and governance ovei'gight ¢0 deinon5tr8bly raise stpndards and tiine-lo-
completion rates.
b. EnsurEng BTAS provides a fit for puipose and m(Kiern tribunals servi¢¢ by bringing its systems.
facilitiss and capabilitie5 fully up to dale, by iinplei)ienting case mana¥einenl and document
Inanag¢ment systejns, a 'right to be forgotten'_ compliant website, and the abiliry to h05t high
standard reinote and hybrid hearings}.
Reviewing the Inns, Conduth Cominittee Rules and pi'ocesses.
Recruiting and training to th¢ highest standard5 new legally qualified and lay m¢mbei's io serve ott the panels
that CDnsider Tribunals, ICC and other heai'ing5.
Continuing to suppori and help demonstrate the effort5 of the Inns of Court in providÉng high quality training
by..
Co-oidinating lh¢ External Observer prtsgrainme for Qualifying 8e5sion$
FacilTrtating the developinent and exchaiige of good practEce between the Inn's Directors of
Education
5. Supporting Ihe woi'k of tl)e Point of Call Working Group, a￿ell81nlE]g and coirinuni¢atithg the vÈews (Trf the
Inns
6. Suppoiling the Inns and circuits to Secure acciEditstion foi. a Pupillage Negotiation Course for all Pupils to
aocess frotn 2026 via a Pilot, and thereaf(er three til￿eS a yeai. to ¢nablE Pupils to reach the i'egulatory-based
5tandai.d within pupillage.
7. Continuing to attract high levels of interest in the ICCA Bar Course with a view to rea¢hing a position
whereby the Course is self-sustaining and not reliant uwn Inns, filnding. We will do su by=
Maintaining or increasing student application numbei's by effective outreach and marketing &
iaising awai'eness of the success and quality of the ¢ourse, including raising the profile of the
ICCA amongst scliool and universily students. This will be achieved by supporting the Bai.
Council's Bar Placeinent Week, hosting Open Day5, monitoying websit¢ traffic, developing
links with Chamber5 and aluinni, and p]DVide￿ of work-ba5ed learning and iillP1Dv￿ng
cojnmunications intemally and externally..

THE COUNCIL OFTHE INNS OFCOURT
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
PLANS FOR FUTURE PERIODS (CONTINUED)
li. Introducing a charge for students who choose to access the Part I Inaterials for more than 12
Inonths without entering or passing the BSB exajns from Septembei. 2024..
iii. Developing links with SBAS to further enhance and inci'ease the ICCA Bursary Scheine to
ake av2ilable Inore bursaries to bright and deserving candidates froin socio-economically
disadvantaged backgrounds and candidates who have protected chai'acteristics under the
Equality Act 2010,.
iv. Exploi'Eng 50uires of funding to build an ICCA Scholarship fund to further improve
accc8sibility to the Course, and reduce attrition rates between acceptance and eni'oiment.
8. Over811 r¢fr¢shing Dfthc Part One Course matei'ials, and cothtinued enhanceinent of the Part Two CouJ3e,
and enhanccmcnt af thc qualtty olieaehing on the Bar Course, which will lead to cothtinued sector-leading
BSB a88essm¢nt rcsults and pupillage rates.
9. Ensuring the high-quality Bar Course is accessible to coinimitted, motivated and diligent students regardless
of their background, by promoting diversiry and equality of opportunity and widenitkg participation. This
will be achieved by the illlplem¢ntation of th¢ Fair Re¢ruitin¢ni Poli¢y, blind sifting of candidates and
continual professional and tiaiispgient d&to analysis and r¢porting.
10. C(Intilluing to update and make available Pupillage Ethics In8t¢ria15 to 811 pupils th¢r¢by gen¢i'8ting a
modest incoine for the ICCA and a55iStin¥ pupils to succ¢¢d in the BSB as5es&inent.
I l. Extellding the ICCA'S capability to host and m&intain ¢ont¢nt for the CirLuits and ilie Inns on tl)e ICCA'S
VLE on an al-cost basis, with einpha5is on best practic¢ and effe¢liv¢ VLE manaBem¢nl-
12. Working with and supporting the Inns of Court, to provide l¢ad¢rsliip and guidance in high quality
advocacy including by..
Offering opportunities in London and on c]￿Ult several times a year to vndeTtske the
AthIoctt￿fUi. Childi'eK in Co￿fil¢1 willi ihe Law (ACCLI course and ¢n¢oui7ging ils
accreditation by the Regulatoi. to enable pra¢titioner5 lo demonstrate ¢omp¢tence'
ii. Continuing to suppoit and develop the AdvocacJ> andihe Viiliieiable.. Ci'iiiie and Faiiiily
prowainimes by training new Lead Facilitators foi. the Family Law Bar Association and the
Crowii Pi'osecution Service.
13. Supporting the eontinued improveinent of advocacy training in jurisdiction5 Outside of the UK by seeking
external fuiiding and exploring methods of providing high quality and seed corn training to deserving
oi'ganisations.
14. Promoting intei'national exchanges of best practice in advocacy training by continuing involvement with
mlllti4iisciplinary practice lawyers from every continent and especially those with a vested interest in
advocacy training and excellence in advocacy.
15. Assessing the ICCA'S digital mindset in consultation with external experts to asslst us lo clarify our
5tratcgy, connect with experts and transfoi'in our digital landscape with a view to being able to further
dcvclnp our cxpcrtigc in c-Leai"ning. In this way. we can aiso properly offer the Inns and Circuits assistance
in developing, cnhancing and hosting online tIBining inaterials to support their delivery of high.quality
tratning, and doing so on an at-cost basis.
16. In wnsultation with the Govei'ning Body, the Inns and Circuits. ideniifying, researcl)ing and scoping
possible fvture workstreain5 that are necessaiy foi" rhe Bar to ren)ain current and inforined in pi"actice
including Rape and Serious Sexual Offences (RASSO) and tackling rape myths, and Artificial Intelligence
(All (bringing digital lit¢17¢y to the fore and recognisiEJg the value and potential of Al. thinkii)g beyond
what our justice systein is ¢urrenily capable of doing and instvdd einbarkitlg on vision-based thiEJking},
Pupil Supervisor training and tTaining in expel'l and statistical evidence.
17. Assisting the Cir¢uits io mall￿¢ the develupin¢nl of new re¥ulaioiy requiresnents in Ihe delivery of
Pypillage Advocacy and New PJaLtilion¢r TraETring by ¢TriLbling Ihein tv man£lge ihell. own VLE l¢nancies
and by offei'ing new )aining7 materia15 10 (kliv¥r lu Pupils dnd New PraLtilioners.
18. Proinoting the TTaulna-infoll￿ed AdvvLacy trainingT so that a5 ￿anY users as possible can aLte55 the
Inatei'ials and adapt tbeiT practice5 to accommodate ti'auinatised withe5ses and ih05e caught up in the justice
system.

THE COUNCIL OF THE JNNS OF COURT
TRUSTEES, REPORT
FOR THE YEAR EF4DED 31 DEI CEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMEIYT
The Board of -[ ru5t¢e5 15 responsible for thc overall manageinent of COIC but delegates iespon5ibility for the day to day
Inanagementto its DiTertor, within a fraincwork of agreed policies and controls. At 31 Deceinber 2024 the Board cumpi'ised
9 Trllstees. COIC alin5 lo ensure ihat its Bnayd is properly balanced in lei'ms of gendei., ethnicity, disability repTesentation
and skills and experienc¢ i'elevant to COIC activities.
The Board of Trustees ts assisted in its work by (i) a Strategic Advisory Group made up of representative5 from the Inns,
the Bar Couneil and th¢ Bar Standaiyls Board, which meets at le￿1 twice a year; and (ii) a Manageinent Sub-cominittee of
the Tr￿sIteS which is Inad¢ up of the Sublunder Treasurers of the Inns of Court and which meets six tiine5 a year, shoi'ily
in advon¢e of ineeungs of the Ti￿ste¢S an(Voi' Strategi¢ Advisory Group.
With regards to the work of the Inns of Court College of Advocacy the Tnjstees are assisted by & board of tiovemors
its 5ub-eoininittees. With regards to the work of th¢ Bar Tribunals Service, the Tiustees are assisted by th¢ snput of the
BTAS Strategic Advisory Board and Tribunals Appointinen15 Body.
When appropriate, to aid induction of new Trustees we in5ufEd, wherever possible, thatthey Trustees attend Ineetings prior
to tal(ing up post. COIC Truste£s i'eceive papers prior to each meeling. Full guidance on Trustee duties was made available
and new Tru5te¢s are briefed to review roles, sÉtuctures, prioriti¢s atLd responsibilitÉes
The Trustees are Y¢sponsible foi. setting thepay and rernuDe17tion of the charity's employees ineluding the key Inanageinenl
pei3onnel. Salw'y penbion payinents to all COIC personnel are approved by the TrustCCS as part of the annual budget
pi'oce5s, and over the inure than ten years of the charity's opei'atlOn5 this has resulted in ncar-intlaÉionary increases that
applied equally to all 5tatTwithout regard to seniority. To aid tlie Trustees in detennining what (if any) percentage increase
is appropriate as pai'l of this annual pay ieview process. reseai'ch 15 undeiiaken to confwm the pay inci'eases awarded in
coinpai?ble oi'ganis8tion5 (Jnost notably the foul. Inns of Court). Starting salai'y levels al'e also benchmarked so that tliey
al'e coinpatible with thoSE paid for siinilarroles elsewheiE (again, particularly at the Ini)s of Court}. Staff whose role changes
51gniticantly during their period of einployittent may have theii. salary reviewed to ensuiE it remains appi'opriate, and any
increases deemed ne¢e5sary niust be approved by the Director of COIC.
CORPORATE GOVERNANCE
I'he following stateinellt 15 intended to pi'ovide readers of COIC'S Annual Report and Financial Stst¢mtnts a better
understAnding of its governance and legal structure at the date of the approval of this Annual Report.
COIC'S Structure, Governance and Management is set out in the iminediately ￿'t¢edIng section of this r¢porL COIC'5
Aiticles of Association date froin 2014 and underpin the governing practices adopted by the Board. COIC'S Statement of
Purpos¢ 1$:
FoiiNded b)J ihE Inply ofcoiii'l, COIC works )viih Iheiii slrekFgi17eiiin¥ ihe riilg oflaw ihp'oiigh acelle17ee iiiprofessional
ethiculioji andin ni&iiFiaiKing ihe highes15la17dui.ds ofprofexsionol condi¢¢l.
COIC'S Trustees are legally responsible foi. the ov¢i'all management and contt'ol of COIC. The Board of Trustees meets at
least four times a yeai.
A MarLagfflllent Sub-coininittee of the COIC Th'ustees w&s established in 2023. This i5 Imade up of the four SublUnder-
Tieasurers {CEOs} of the Inns of Court who Serve ex offiGio as Trustees and the Director of COIC. The Management Sui
Committee's role is to Inonitor and scrlltinise the deliveiy of COIC.'s 8trategy, supporting and holding COIC'5 Executive
to account in th¢ oversight of COIC'5 operations and associated resources. and advi$e COIC'S Executive oll the suitability
of pi'oposed activitle5 aiid associated expenditure.

THE COUNCIL OF THE INNS OF COURT
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT (CONTINUED)
The ICCA Governois advise the Twstee5 on all illatters relating to the ICCA and its Bftr Cotji'se. The Governors Ineet at
least Eisht times a year to discuss currenl issues and to agree aetions hs reqiiired. This includes an annual Away Day, where
matteTS ufstralegic and longei'_lerin iinportatice peJtainin8 to the ICCA al'e considered. The Govemors are assisted in their
work by a number of SU￿cOl￿InIt*eeS that focus on specific areas of business..
Finance & Operations Cominittee
International Committee
Boai.d of Exatniners
Appeals Committe¢
Education Committee
The ICCA Governors are responsible for the ovei'sight of atjy regulatory responsibilities including eoinplianee with the
otS'$ ottgoing ¢onditions of registraiion.
INTERNAL CONTROts
Identifying and m3naging risk is a key part of the work of the Trnstee5 and spe¢ifi¢ally the Maiipgement Sub Committee.
This is addressed by the maiiilenitllL¥ and development of a Risk Register that is discllssed and updated as necessary.
The Risk Register in¢ludes an assessment of financial, operational, reputational and health and safety risks.
Internal conti'015 are based on both the likelihDod and potential iinpact of the risks occurring. and take into accouiit
tnitigation measui'es that can be put in plar¢. This approach identifies key risks and enables IEsponses to be pyioritksed
accordingly.
Trustees understand that it is their iesponsibility to ensure that an appropriate systein of internal controls is maintained and
reviewed as appi'opi'iate.
Tht Trustees and external auditors have not identified any signifjcant interllal control weaknesses or failures in the financial
yeai undei. review or in the pei'iod up to the date that this Annual Report was approved.
TRUSTEES, RESPONSIBILITIES STATEMEF4T
The Ti'llstees {who are also Directoi's of COIC for the purpose of company law) are re5pon5ible for prepaiing the Ti'ustees,
Rcport and thc finai)cial statements in accordaM¢e with applicable law and United Kingdoin Accounting Stand&i'ds (United
Kingdo1￿ Oenerally Accepted Accounting Practice).
Coillpany law r¢quires the Trustees to prepare fiDancial slat¢ments for each f￿anCIal year which give a true and fail. view
of the state of affaii"s of the charitable coinpany and of the incoming resou￿eS and application of resouTces, including the
income and expenditure, of the chai"itable eoinpaDy for that year. In prepaTiEJg these financial stateinents, the Trustees arE
required io..
Select suitable accounting policies and then appty thein consisÉently-
Obsetve the methods and principles in the Charities SORP.
Make judbTtm¢nls and estiinates that are reasonable and prudent.
State whether applicable UK Accounting slandards have be¢Tk followrd, subj¢ct to any rnaterial departu￿5
disc105ed and explained in the financial stateinent5-
Prepare the fJnan¢ial 5tatenients on the going concern basis unless it is inappropi'iate topresume that lh¢ charitable
coinpany will continue in business.
10

THE COUNCIL OF THE INNS OF COURT
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEI ES, RESPONSIBILITIES STATEMENT (CONTINUED)
The Trustees are reskX)nsibl¢ for kxping proper accounting recoi'ds that disclos¢ with reasoi)able accuracy at any time of
the financial position of the Charitable coinpany and ellahlc them to cnsui'e that the financial stateinents coinply with ihe
Companies Act 2006. They are also rcsponsible for safeguarding the 95sets of the ¢h&rit#ble coinpany and hence foi. taking
reasonable steps for the prevention and detection of fraud and other irregulaTlties.
In so far as we are aware..
The￿ is no relevant audit informatsork of which the charitable coinpany's auditor is unaware. and
The Th'uqtce% havc taken all steps that they ought to have taken to Inake theinselves aware of any relevant audit
inforination and to ¢s(ablish that ihe auditor i5 aware of that information.
By order of the Board on
and signed on it5 beh&lf by..
Signed..
(Trustee)
Name..
r+41 ¢+4tr¥
Date..

INDEPENDENT AUDITORS. REPORT
TO THE MEMBERS OFTHE COUNCIL OF THE INNS OF COURT
Oplnio
W¢ have alldited the financial statements of the Council of the Inns of Court for the year ended 31 December 2024 whic
oi)prise the Stateinent of Finaiicial A¢tivities, the Balance Sheet, the Statement of Cash Flows and notes to the financial
stateiii¢nts, inLluding a suininary of significEnt accollnting policies. The financial reporting frainework d)at has bee
appli¢d in Iheir preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting
Standard 102 The FintT17cial Rep(Irling Sittndui'dappllcable in the UK aiFdRepiiblic ofli'eland(Unit¢d Kingdom GenETally
A￿epted Accouiiling Practice).
In our opinion, the financial statejnents..
give a true and fail. view of the slate of tlie chai'itable coinpa]iy's affairs as a1 31 Decembei. 2024 and of ihe
chai'itable coinpany's net movement in funds, including the incoime and expendiiure, for the year then ended:
have been pi'opei'ly prepaied in accordance with United Kingdoin Generally Accepted Accounting Pi'actice,. and
have been prepaTed in accordance with the r¢quireTn¢nts of the Coinpanies Act 2006and the Office for Students
Account# Direction.
Basis for opinion
We condu¢ted our audit in accoi'dance with International Standwds on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities underth05e standards are further desci'ibed in theAuditor'5 responsÉbilities for the audit of the financial
stateinents section of 0￿r report. We are independent of the chai'ity in accordance with the ethical reqiiiieinents that are
i'elevant to our audit of the fInancial stateinents in the UK, in¢luding the FRC'S Ethical Standai'd, &nd we have fulfilled our
other ethical i'¢sponsibilities accordance ivith these requireilleDts. We believe that the audit evidence we have obtained
15 sufficient and appr(>priatc to provide a basis for our opinion.
Re5ponsibllltles of trustees for tILe finftmclal statcmcnts
As explained mol'e ￿]lY in thc trustees, responsibilities slatement sel out on page 6, the trusttts (who ale also the dii'ectors
of the charitable company for the puiposes of company law) are responsible for tlie preparation of the fEnancial st&t¢ments
and foi'being satisfied that they giv¢ atrU¢ )nd fair view, and for such inteimal contlDI as the t￿Stee$ detemiine is necessary
to eiiable the pr¢paraÈion of financial stateinentg that are free from material misstatetnent, whether dut io fraud or error.
In pr¢paring the financial stateinent4 the trustees are responsible for assessing the charitable company'5 abÉlity to continue
a5 a going eoncem, disclosing, as 8pplicable, matters related to going ¢on¢ei'n and usEng the ¥oing concern basis of
a¢couTrting unless the knistees either intend io liqvidate the Gharitable coinpany or to cease operations, or Iiave no realistie
alteTnative but to do 50.
Coiiclusion5 relating to golng concern
In auditing tl)e financial stateinents, we have conclud¢d that the ts'u5tees' use of the going concern basis of accounting in
the prepa￿tion of the financial stateinents is appropriate.
Based on the work we have perforined, we have not ideiitified any inaterial uncertainties i'elating to evellts or condition5
that. individually or collectively, Inay cast signifi¢&nt doubt on ihe charity's ability to continue as a going concern for a
riod of at least twelve inoiiths fi'om when the financi&l stateinents al'e authoj'ised for issue.
Our responsibilEties and the responsibilities of the ti'ust¢¢s with Tespect to going concern are described in the relevant
sections of this I'eport.
Other informgtion
The trustees are respoiisible foi. the other information. The other information coinpi'ises tlie infonnalion included in the
Trustees, Annllal Repoit. Our opinion on the financial statements does not cover the othei. inforination and, except to the
extent otheiwise explicitl), stated in our report, we do not express any forin of assurance conclusion thereoll.
In connection witli our audit of the financial stateinents, our responsibility is to read the other inforination and, in doing so,
consider whether the othcr infoi'mation is materially inconsistent with the financial statements oi. our knowledge obtained
in theaudit oi. otherwise appears to be In2tei'ially mi5Stated. Ifw¢ identify such material inconsistencies or appaient I￿aterial
misstateinents, we are iYquir¢d to deterinine whether thejr is a material Inisstateinent in the financial Statel￿entS or a
material Inisstateiment of the other information. If, based the work we have performed, we coiiclude that tl)ere 15 a
material Inisstateinentof this other infomation. we aiE requii'ed ¢0 report that fact. We have nothing to report in this regard.
12

INDIIPENDENT AUDITORS, REPORT
TO THE IIIEMBERS OF THE COUNCIL OF THE INNS OF COURT
Oplnion$ on other matters prescribed by tlie CompAnie$ Act 21)06
In our opinion, based on the work undertaken the course of the audit..
the inforination given in the Trustees, Report (which inelude8the strategi¢i'eport and the directors. report prepai'ed
forth¢ puipo5e& ofLuJnpany law) forthe financial year for which the financial statemetJ15 1¢ IE pi'epaiEd is eon.%istcnt
with the financial 51ittements' and
rhe strategic report and the diieclors, report in¢lud¢d within the Trnstees. Reporthave been prepared in accoi'dance
with applicable legal requirements.
Matters on ivhSch we are required to report by exception
In the light of the knowledge and undeistanding of the charitable company and its enviiDninent obtained in the course of
the audit, we have not identified material misstateinents iii the TTU5tees' Repoit (which incorporates the directors, report).
We have nothing to report in respect of the following matters ill r¢lation to the Coinpanies Act 2006 requir¢s us to report
to you if, in oui. opiniun..
adequate ac¢ounting r¢coi'ds have not been kept by the charitable compaDy,' oi.
the charitable coinp8lly's f]nan¢ial siateinents are rkot in agi'eeinent with the accounting i'¢cords Ènd returns., or
ertain disclosures of trustees, t'einuneration specified by law are not Inade,. or
we have not received All the infomiation and explanations we I'equÉre for our kudit.
Matters on wliich Ive are required to report in respect of tlie Office of Students
In our opinion in all Inaterial respeets..
funds a(hninistered bj, th¢ charitable col￿pallY for Specific puryoses during the year ended 31 DK¢inbeY 2023 as
dis¢losEd in tkote I I to the accounts have been applied for thos¢ putposes and i￿allged in accordaNce with Iplevant
legislation.
funds prowid¢d by the OFS and Department foi. Education have been applied in accordance with the tei'ins and
conditions attached to them during the year ended 31 December 2024.. alld
We have nothing to r¢poil in respect of the following i))anei's in relation to the Office for Students requires us to I'eport
where..
grant and fee incoine as disclosed in note 4 to th¢ a¢¢ounts, has been matei'ially misstated.
Expenditui'e on access and partiripation activities for the financial ye8r has been materially Inisstated.
Re5poiisibilities oftrustees for the finAneial statements
As eXpla￿ed more fiilly in thE tt'ustees, responsibilities ststeinent set out on pages 6 to 7, the trustees are i"esponsible for
the preparation of the financial statements and for being satisfied that they give a knue and fail. vi¢w, and for such intemal
control as the trustees determine is necessary to enable the prepaiation of financial statements that are free from inaterial
InisstatemeTrt, whethei. due to fraud or error.
In preparing the financial statements, the trustees are responsible foi. a55essing the chai'ity's ability to ¢tsntinue as a going
concern, disclosing. as applicablc, matters related to going concern at)d using the going concern basis of accounling unless
the trustees either intend to liquid&tc the charity or to cease operations, or have no realistic alteniative but tu do 50.
Auditor's re5ponsibilltSes for the audit of the finaiici81 statements
Our objeclivcs al'e to obtain reasonabl¢ assui'ance about whether the financial statanents as a whole are fre¢ fi'oEn IMatErial
InisstateilleTrl, whether diie to fiaud oi'eri'or, and to issue an auditor'5 repoitthat includes our opinion. Reasonable assui'aE]Ct
is a Iiigh level of assurance, but is noi a guarantee that an alldit conducted in accordance with ISAS (UK) will always detect
Inaterial i￿]SState1Thent when it exEsts. Misslatel￿entS can arise from fraiid oi. errol. and are wnsidei'ed inaterial if,
individually or in the Aggregate, they cotjld reasonably be expected to influence the ￿0￿0M1C d￿1$10￿$ gf vset5 taket) o
the basis of these financial statein¢nts.
Irregularities, inelllding fi'aud, are in518nces of non-coinplianee with laws and regulations. We design procedure5 in liiie
with oui. Irsponsibilities, outlined above, to detect i￿atel'i&l misstateJMents in respect of irregularities, including fraud. The
extent to whtch our procedures are capable of detecting iriegulai'Éties, ineludit)g fraud 18 detailed below..
13

INDEPENDENT AUDITORS, REPORT
TO THE MEMBERS OF THE COUNCIL OVTHE INNS OF COURT (continued)
Based on our understanding of the charity and the environinent in which it operates, we identified that the principal risks
of non-coinpliance with laws and regulations related to coinpliance with employinent law and health and Safety regulations,
and we considered the extent to which non-compliance Inight have a material effect on the financial statements. We also
considered those laws and iegulations that have a direct iinpact on the preparation of the financial 5tateinents such as the
Compani¢5 Act 2006, the Charities Act 2011 and the OffJ¢¢ for Students Accounts Direction.
We evaluatedillanageinent's incentives and opportunities for fraudulent Inanipulation of the financial statements {including
the risk of overi'ide of controls), and deterinined that the principal risks were related to Inanageinent bias in certain
accounting estsmates. Audit procedures perfomied by the engageinent teain included..
Inspecting minutes of trustees ineetings,.
Inspecting correspondence with i'egulators and tax authorities.
Discussions with manageinent including consideration of known or suspected instances of non-¢oinpliance with
laws and regulation and fiaud.,
Evaluating mana¥ement's controls designed to prevent and detect irregularities.
Identifying and testing joumals, in particular joumal entries posted around the y¢ar-end or with unusual
desci'iptions; and
Challenging assuinption5 and judgements inade by management in their critical accounting estiinates.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those
leadingF to a Inaterial misslateinent in the financial statements or non-complik)nce with regulation. This risk increases the
InoTe that coinpliance with a law or regulation is reinoved from the events and transactions retlected in the financial
stateinents, as we will be less likely to becoine aware of instances of non-compliallce. The i'isk is also gTcatei' regarding
irregularities occu￿}ng due to fraud rather than ¢rror, as fraud involves intentional concealment, forgery, Collusion,
omission or Inisrepr¢sentation.
A further descriptlOD of our responsibilities for the audit of the financtal statements is I￿ated on the Financial Reporting
Council's website at: www.frc.oi"IT uklauditoi"sr¢s
onsibilities. This descriptson fonns part of our auditor's report.
Use of our report
This report is made solely to the charitsble toinpany's Inembers, as a body, in accordance with Chapter 3 of Part 16 of the
Coinpanie5 Act 2006. Our audit work has been undertaken 50 that we Inight state to the chai'itable coinpany's Ineinbers
those InatteTS we are required to state to them in an Auditor'5 i'eport and for no other pui'pose. To the fiillest extent perinitted
by law. we do not accept or assume responsibility to anyone other than the charitable coinpany and the charitable compan￿5
members as a body, for OUT audit work, for tl)is report, oi. for the opinions w¢ have formed.
Thomas Wilson
(Senior Statutoi'y Auditor)
for and oij behalf of HaysM8c LLP
Statutory Auditor
10 Queen Street Place
London
EC4R IAG
Date..
2810512025
14

THE COUNCIL OF THE INNS OF COURT
ST A TEMENT OF FINANCIAL ACTIVITIES
FOR THE YBAR ENDED JI DECEMBER 2024
Unrestricted Restrleted
Vunds
Fllrtd$
2024
2024
Total
Funds
2024
Total
Funds
2023
Iyotes
INCOME FROM:
Donations and legacies
Charitable activities
Investments
Other
1,351,376
3,357,854
25,702
2,556
20,000
1,371,376
3,357,854
25,702
2,556
2,080,240
1,907,394
13,068
TOTAL
4,737,488
20,000
4,757,488
4,000,702
EXPENDITURE ON:
Charitable octivities
Training
Regulation
4,034,969
675,875
7,500
4,042,469
675,875
2,971,095
541,310
TOTAL
4,710,844
7,5(K)
4,718,344
3,512,405
NET INCOME
26,644
12.500
39,144
488,297
RECONCILIA TION OF FUNDS
Tot21 ￿ndS brought forward
$17,734
99.100
916,834
428,537
TOTAL FUNDS CARRIED FORWARD
£844,378
£111,600
£955,978
£916,834
None of the compatjy's activities were acquiTed OT discontinlted in the year.
Tliere were no recO￿lsed gains or105ses othcr than those included in the Stateinent of Fin80¢i8l Acliviiies.
15

THE COUIYCIL OF THE INNS or COURT
BALANCK SHEET
AS A'f 31 DECEMBILR 2024
2024
2023
Notes
FIXEI D ASSILTS
Tanglblt gssets
45,490
37.539
CURREI NT ASSETS
Debtor5
Cgsh at bank and tn hand
370,451
1,337,002
208,179
1,222,903
1,707.453
,431.082
CREDITORS: Ainourtts fAlling due within one year
10
1796,9651
1551,787)
Nel cuirent osse15
910,488
879,295
NET ASSVTS
£955,978
£916,834
FUNDS
Restrioled Fiinds
Uni'estricted fuiids
12
111,600
844,378
99,100
817,734
TOTAL FUNDS
£955,978
£916,834
The accounts were appyoved by th¢ Trustees aiid autho
or issue on
and Signed on its behalf by-.
Si8nEd:
ITTu5￿c)
Naine..
Dale..
Sigiied..
JGv-*-r (-th4 VC o
Jftp4 C1 £ I bp4E4L ILL
I •LKJl
(Tivstee)
Naine.,
Dg1¢'.
Signed..
(ICCA Dean & OtE A¢countabl¢ Officer)
Nai￿¢..
LYNtsA ki815 Kc (H.,)
> lols-
Date;
16

THE COUNCIL OFTHE ItYlYS OF COURT
ST ATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Cash tlows from operatijtg activltie$:
Net cash provided by operating activilie5 (see below)
137.185
793.210
Casli flows from inv￿ting actlVTties',
Purchase of fixed assets
(23,086)
(31.353)
Net cash used in investing activities
(23,086)
(31.353)
Change in cash and cash equivalents in the year
114,099
761,857
Cash and e85h equivalents at the beginning of the year
1,222,903
461,046
Cash and ca51L equivalents #t the end of the year
£1.337,002
£1,222,903
Reconciliatiort of net intome to net eash tlow
(rom oper8tang activities
Net income for the reporting period {as per the statement of
financial activities)
Add depi'eciation
(Increa9¢ydecrease in debtors
lTrcrease in cY¢ditors
39,144
15,135
{162.272)
245.178
488,297
10,195
154,555
140,163
Net cash provided by operalÉng activitie5
£137,185
£793.210
ANALYSIS OF NET DEBT
At
l J&Duary
2024
At
31 December
2024
Cash
movements
Non-eash
movements
Cash at bank and in hand
1,222,903
114,099
1,337,002
£1,222,903
£114,099
£1,337,002
17

THE COUNCIL OF THE INNS OF COURT
NOTES TO THE VINANCIAL STATEMENTS
FOR THE YEAR KNDED31 DECEMBER2024
ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of estimation uncei'tainty in the preparation
of finan¢ial statements 15 as follows..
Basis of Accounting
The fii)ancial statements have been prepared in tjccordance with Accounting and Reporting by Charitie5: Stat¢ment
of Recoinmended Practice applicable to ¢hai'itiEs prepai'ing their accounts in accoixlance with th¢ Stateinent of
Recoinmended Practice foi. Chai'ities (SORP 2015) (Second Edition, effective l January 2019) and the CoJ))panies
Act 2006.
The Council of the Inns of Court Ineels the defiTiÉlion of a public benefit entity under FRS 102. Assets and liabilities
are initially re¢ognised itthistorEcal costor transaction vallle unless Othciivise stated in the relevant accounting policy
note(s).
PrepAration of the aceounls on a going Concern basis
Having consideTed future budgets and cash flows, the Trustees confimi that they have no matei'ial uncertainti¢5
about the entity's ability tLI continue as a going concern for the foreseeable futhre.
Ineome
All incoming resourcc5 are included in the SOFA once the eharity has entitleinent to the incoine, it is pi'obable that
the Encoine will be rpKeived and th¢ amount of income receivable can be Ineasured reliably. The following specific
licies apply to categories of incoine-
Volut]tary incoi)ie dongtjDns & grants where related to Performance and specific dEliverables are ttccounted for as
the charity eai'ns the l'ight to consid¢Yation by its perforinance. Where incotne 55 received in advance of its
recognition it is defev'ed and included in creditors. Wh¢re entitlement occurs before incoine being received the
income is accrued.
Course fees alp accounted for in the period to which they relate.
ExpendÉtui
All expenditure is accounted for on an accruals basi5 and has been classified under headings that aggregate all cos(s
i'elating to th¢ following categories..
Chai'itable A¢tivilies- Costs of eh#ritable activi¢i¢s comprise all costs identified as wholly or Inainly attributobl¢ to
achieving the charitable objectives of the tharsty, including the costs of disseininating inforinatioll in Suppori of
charitable J¢tivitEes. These costs include staff costs, wholly or mainly ath'ibutable support COSts and an
appoi'liL)nment of ¥tneral ov¢rhe&ds.
Support costs are those functioi)s that Assistthe work of the charity blltdo not directly undertake chaiirable activities.
Support costs include offi¢e Costs, finance, pei'sonnrl, payroll and govemance costs whi¢h support tl)e Council's
activities. The ba5iS OTr which support costs have been alloc&ted aiE shown below.
Govei'nance costs
These ¢ompi'ise all costs identified as wholly or Inaiiily attributable to ensui'ing Éhe publi
accountability of ihe d]arity and its col￿p]lanCe with regulations.
Alloeation of costs
Staff costs are allocated by tlic Triistees between direct chai'itable ¢xp¢nditure and support expenditure on the basis
of time spent on these activiti¢5. Othei" costs are ascribed directly to the relevani heading.
18

THE COUNCIL OF THE INNS OF COURT
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES {contlnued)
Pension costs
The Council of the Inns of Court operates a defined contTibution% scheine for the benefit of the employees. Th¢
assets of the Scheme are held ind¢pendently fiY>in those of the chai'ity an independently adininistered fund. The
peTr5ion costs charged in the finan¢ial slateinents represents the contributions payable during the year.
Taxatlon
No pi'ovision has been made foi. corporation tax or defeiTed tax for The Council of the Inns of Court as it is a
registered charity and is therefore exeinpt.
Restricted funds
Where #rants aiE to be spent in accordance with terms agreed with the funders, the incoine atid related expcnditure
are shown as 'Restricted' Any unsP¢IIt resti'icted income al the year-end is deferred foi. spendiTrg to ￿lU1￿ years.
Unre5trScted fund5
Col'e incoine and 5u¢h other income for which thei'e are no restrictions Oti the way it can be spent are tevined
'Unrestrioted' Su¢h unspent income at the y¢ai'_end is terined'Unrestrict¢d funds,.
Fixed assets
All fixed asset5 are 5taied at cost less accumulated depreciation. Items ¢osting less than £500 are not capitalised.
The ¢arrying valu¢s of other tsngible fixed assets 31e reviewed for impainn¢E]t i(events or change in circum5tanLes
indicate the carrying Yalue Inay not be recoverable.
Depreciation is prowided at rates calculated to write off the cost, less any eslllnated residual vallle, of each asset
evenly over its exp¢ot useful lif¢, as follow5:
Coinputer equipinent
O￿ACe furnimre
4 years
4 years
Debfors
Trade and othei. debtors are recognised at the settlement amouni due after any trade di5¢0unt offered. Prepayments
&re valued at the amount prepaid n¢t of any trdde discounts due.
Cosb at bank Ond In hEnd
Cash at bank and in hand includes bank account4 tash and shorttei'm highly liquid investmenls with a short maturity
of three months oi. less fi'om the date o(acquisition or opening of the deposit ol. similar account.
Creditors and provisions
Creditot% and piDvisions are recognised where the charity ha5 a present obligation i'esulting froin a p&8t cvcnt that
will probably I'e5ult in the transfer of funds to a third pai'ty and the amouni due to settle the obligation Can be
measured or estimated reliably. Creditors and pi'ovisions air normally recognised at their settlejnent ainount after
allowing foi. atiy Irade discounts due.
FivaThcial instruments
The charity only has financial assets and financial IiRbilities of a kind that quallfy ag basic financial insti'uments.
Basic f￿anCIal instruinents are lllitially recogTki5ed at transxclion value and subsequently in¢asui'ed at their
settleinent valu¢.
Estimatton uTh¢ertainty
In the vieH' of th¢ Trnstee5 in applying the accountui¥ ix)licies adopted, no judg¢m¢nts were required that have
significant effecl on the ainounts recognised in the financial 5tateinenls nor do any estimates or assuTnptiolls made
ai'ry a significant risk of Inaterial adjustment iii the iiext financial year.
19

THE COUNCIL OFTHE INNS OF COURT
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
DONATIONS AND LEGACIES
2024
2023
Gi8t)ts receivEd from the Inns ofcourt towards general activities
BuTsaries grant
1,351,376
20,000
1,980,240
100,000
£1,371,376
£2,080,240
CHARITABLE ACTIVITIES- 2024
Unrestricted
Funds
R￿trIcted
Funds
Total
2024
Total
2023
Fee iiicoine
Bar Standards Board (BSB) iniake fee
Ethics income
Viitual Leaming Experience (VLE) support
3,078.344
217,314
50,407
11,789
3,078,344
217,314
50,407
11,789
1,876,292
28,806
2,296
£3,357,854
£3,357,854
£1,907,394
All activiti¢s wei'e unrestricted in 2023.
GRANT AND FEE INCOME
2024
2023
Fee income from taught awards
3,078,344
1,876.292
£3,078,344
£1,876,292
ANALYSIS OF EXPENDITURE- 2024
Direct
Costs
Support
Costs
GoverDRnee
Costs
Tot21
2024
Total
2023
Charitable activili¢s=
Training
Regulation
3,161,713
349,269
866,924
321.498
13,832
5,108
4,042,469
675,875
2,971,095
541,310
£3,510,982
£1,188,422
£18,940
£4,718,344
£3.512,405
ANALYSIS OFEXPENDITURE- 2023
Direet
Costs
Support
Costs
Governance
Costs
Total
2023
Charitable activities..
Training
Regulation
2,258,496
248,487
695,043
287,009
17.556
5.814
2,971,095
541,310
£2,506,983
£982,052
£23,370
£3,512.405
20

THE COUNCIL OF THE If4NS OF COURT
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
SUPPORT COSTS CONSIST OF:
2024
2023
Stafycosts
Other 51aff related costs
Establishinent costs
Insurance
Finance arÈd aceounting fees
Othej. pmfessional fees
OtTice costs
IT costs
Bank charges
I￿¢(0Verable VA T
298,885
12,234
488,023
66,034
22,892
52,972
53,552
136,257
1,307
56,266
266,897
13,418
452,119
64,910
16.080
19,621
47,463
100,509
1,035
£1,188,422
£982,052
GOVERNANCE COSTS
2024
2023
Auditor'8 remuneration
Other proftssional fee5
16,000
2,940
14.500
8.870
£18,940
£23,370
Othei. fees payable tothe auditors (forotherbvsiness support) ainounted to £21,982 (2023.. £15,600) and are included
within support costs.
No Trustee5 received any remuneration during th¢ yeai..
EMPLOYKES
2024
2023
Staff costs were as follows..
Wages aiid salaries
National iiisuranee contributÉons
Pension conti'ibutions
1,803,632
214.168
266,228
1,318,917
160,879
220,190
£2,284,028
£1,699,986
The average nutnber of anployees during the year was as follows..
No.
30 (28.14 FTE) 26 (24.66 FfE)
3 (2.4 FTE)
2 (2 FfE)
Chai'itablt activities
Management and support
33 (30.54 FTE) 29 (26.66 FfE)
As r¢quii'ed in the Statement of Recomix¢nded Practice for Cliarities, the nuinber of eimployees earning incoine in
excess of £60,000 is provided in £10,000 bands..
£60,0(M) - £69,999
£70,000 - £79,999
£80.000 ~ £89,999
£90.000 ~ £99,999
£100,000 £109,999
£110,000~£119,999
£120,000- £129,999
£130,000- £139,999

THE COUNCIL OF THE IIYNS OF COURT
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
As required by the Office for Students, th¢ number of einployees eaming inconie in excess of £IOO,(100 is provided
in £5,000 band5'.
2024
No.
2013
No.
£100,000- £104.999
£1 10,000. £119,999
£120,000 . £129,999
£130,000 . £134,999
2024
2023
HEAD OF PROVIDER'S REMUNERATION
Annualised basi¢ salai'y
other remuneratiOTLlbenefLts
Pension contributions
£128,000
134.149
26,483
39,968
£154,483
£174.117
Key manageinent ￿Tsonnel Jrinunei'atioJh {including employers NIC and pension)
amounted to £381,401 (2023 £376,835.
Salary Saci'ifice Ariangements.. Please no¢e that, as required in the O]S s Re￿ildI01y1 Advice g,. Accoiiiiis Dii'e¢lion the
pernsion eonti'ibution fi8u1.es above include additional contributions made by the Head of Provider as part of a salaiy
sacrifi¢¢ scheme, which results in the total remuneration figure being overstated (as the basic salary figure has not been
adjusted to retlect the salaTy sacrifice}. Total pension contributions Inade by COIC to tl)e Head of Provider in 2024 (aThd
2023) were I S/* of basic salary, in coinmon with all COIC einployees.
The Head of Providei s reinuneration package is set with refti'eTrce to other siinilar organisations, including the Inns of
Couit. It rEflects the Head of Providei"'s responsibility not just over the ICCA (through which all its edu¢ation offei'ing is
pIK)vided), but the Bai. Ti'Ebun&ls and Adjudication Service, and over the cr05s-Inn collaboi'aiive function. The Head of
Provider's ranuneratlOD is approved by the Board of Trustees, and the Head of Providei. i'eceives the same annual pay
award as th&t given to all COIC staff.
At 31 Dec£inbei' 2024 2024 the Head of Provider's basic salary was 2.2 tiines {2023.' 2.3) the Inedian pay of staff. where
the median pay is calculated on a ￿]I-ll1￿e equivalent basis for the salai'i¢% paid by the provider to its staff. In 2024 the
Head of Proyidci's total I'emunei'ation wa5 2.3 tiines (2023.. 2.9) the inedian total ￿M￿lleratIOn of staff (whei'e the
Inedsan total remuneration is calculated on a full-time equivalent b3515 for the totol remunei'ation by the pi'ovider of its
51aff).
22

THE COUNCIL OVTHE INNS OF COURT
NOTES TO THE FINANCIAL STATEMENTS (continued}
FOR THE YEAR ENDED31 DECEMBER 2024
FIXED ASSETS- T ANGIBLE ASSETS
Computer
Equipment
Office
Furniture
Total
COST
Balance bDught forward l January 2024
Additions
80,639
14,021
38,476
9,065
23,086
Balance ¢arJ'ied forward 31 December 2024
94,660
47,541
142,201
DEPRECIATION
Balance bought forward l January 2024
Charge in year
44,834
13,890
36,742
1,245
81,576
15,135
Balance cari'ied forwayd 31 Deceinber 2024
58,724
37,987
96,711
NET BOOK VALUE
31 Deceinber 2024
£35,936
£9,5S4
£45,490
J l D¢cember 2023
£35,805
£1,734
£37,539
DEBTORS
2024
2023
Tvade debtors
Prepayinents
164,424
206,027
27.661
180,518
£370,451
£208,179
10. CREDITORS: arnounls falling due
ithin one year
2024
2023
Trade creditors
A ￿[ual$ and deferred incoine
VAT payable
393,411
366,839
36,715
187,275
364,512
£796,965
£551,787
D¢ferred income comprises fees received in advance.
Movements in defentd incom¢'.
D¢ferred income at the start of the year
Amounts released to income
Amounis def¢r¢ed in the year
189,499
(189,499)
275,380
130,320
(130,320)
189,499
Deferred income at the end of the yeai.
£275,380
£189.499
23

THE COUNCIL OVTHE INNS OF COURT
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
11. OPERATING LEASES
The total of ￿tUre Ininimum l¢ase payinents und¢r non-cancellable opei'ating leases aye payable as follows'_
2024
2023
Within one year
Between one and two years
Between two and five years
208,750
417.500
921,980
The charity had no leas¢ commitineE)ts at the year-end due to the existing lease beÉiig terininated and the new lease
not yet being entered into.
12. RESTRICTED FUNDS- 2024
Balance
Clfivd
31.12.24
Balance
Blfwd 1.1.24
IAeome
Expendlture
Bursary fund
99,100
20,000
{7.500)
111,600
£99,100
£20,000
£(7,500}
£111,600
RESTRICTED FUNDS - 2023
Balance
C/(wd
31.12.23
Balance
Blfwd 1.1.23
Income
Expenditure
Bursary fund
100,000
900
99,100
£1 00,000
£900
£99.100
The bui'sary fund repiesent5 fi]nds given for the purposes of awarding buwries to s￿dentS to enJDI om the bai
cDuI'se. A further £20.000 wa5 awarded in the year.
24

THE COUNCIL OFTHE INNS OFCOURT
NOTES TO THE FINANCIAL STATEMENTS (Continu￿)
FOR THE YEAR BNDED31 DECEMBER2024
J3. ALLOCATIOPI OF NET ASSETS BETWEEN FUNDS - 2024
Unrestricttd
Restricted
Fund
2024
Total
2023
Total
Fixed as5¢ts
CuriEllt assets
Creditors
45,490
5,595.853
(796.965)
45,490
1,707,453
(796,9651
37,539
1,431,082
{551,787)
111,600
£844,378
£111,600
£955,978
£916,834
ALLOCATION OF NET ASSETS BETWEEN FUNDS- 2023
Unreslricied
Fund
Restricted
Fund
2023
Total
Fixed assets
Ciii'rent assets
Creditors
37,539
1,331,982
(551,787)
37,539
1.431,082
(551,787)
99,100
£817,734
£99,100
£916,834
14. RELATED PARTY TRANSAcfIoNS
Four of ihe charity's Trustees al'e employ¢d as SubJUnder-TreasureYs of the Inns of Court, as follows..
Stephen Cailwright OBE- Undei'.Treasurer of tlie Honourable Sooiety of Gi'ay's Inn
GIEgory Doi'ey CVO- Sub-Treasui'er of the Honourable Society of the Inner Teinple
Chrisiopher Ghika CBE Under-Ti'easurer of the Honouiable So¢iety of the Middle Teinple
Anne Sha4)- UndpA-Treasurer of the Honoui'able Society of Lincoln's Inn
In addition ¢a¢h of the four Inns nominates one of its senior members to serve as its representative Trustee, as
follows..
Janet Bigi¢ll KC - The Honourable Society of Lincoln's Inn
Chantal All￿et Doerries KC- The Honourable Society of the Middl¢ Teinple
Judge Jill Fi'ances- The Honourable Sociely of the Inner Teinple
Marion Sinitli KC- The Honoui8ble Society of Gray's Inn
The other trustee acts as the Pi'esident and is a senior individual of on¢ of the Inns. This is the Rt Holi Lord
Justice Nichola5 Green, a Inei*bei' of the Inner Teinple.
23

THB COUNCIL OF THE INNS OF COURT
NOTES TO THE FINANCIAL STA TEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER2024
The charity has the following transactions with the Inns..
All of th¢ Trubtees are represenlative5 of an Inn of Court and it is froin the Inns ihat grants of £1,351,376 {2023'.
£1,980,240) are received towards general activities.
Provision of HR support (for which COIC paid Middle Temple £2.700 iE] 2024 (2023 - £4,020)}.
Payments for lunches (for which COIC paid the four Inns a total of £24,651 ift 2024 (2023 £19,382)),
ac¢ommodation (for which COIC paid the Inns £302,960 in 2024 (2023 - £311,842)), room hire for teaching
ac¢ommodation (for which COIC paid the Inns £92,97J in 2024 {2023 £57,000), and provision of payroll
processing (for which COIC paid Middle Tei]]ple £3,023 in 2024 (2023 - £3,798).
Theit were no other iElated party transactio￿$ in the year.
15. FINANCIAL INFORMATION- 2023
STATEMENT OF FIIYANCIAL ACTIVITIES
Utkrestrieted Restricted
Funds
F'undg
2023
2023
Total
Funds
2023
INCOME FROM:
Donations and legacies
Chai'itable activities
Investments
Othei.
1,980240
1,907,394
13,068
100,000
2,080,240
1,907,394
13,068
TOTAL
3,900,702
100,000
4,000,702
EXPENDITURE ON:
Chsrltable activities
Training
Regulation
2,970,195
541,310
900
2,971,095
541,310
TOTAL
3,511,505
900
3,512,405
NET (EXPEf4DITURE)
389,197
99.100
488,297
RECONCILIATION OF FUNDS
Total funds bmught forwai
428,537
428.537
TOTAL FUNDS CARRIED FORWARD
£817,734
£99,100
£916,834
26