MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2024
Registered Charity Number: 1158077
MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
INDEX
Page 2 Administrative Details Page 3 - 9 Report of the Trustees
Page 10 Independent Examiner’s report Page 11 Receipts and payments account Page 12 Statement of assets and liabilities Page 13- 15 Notes to the Accounts
Page 1
MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024
ADMINISTRATIVE DETAILS
Trustees – The Trustees who have served throughout the year and up to the date of approval of this report are:
| Charlotte Madine | Chair of Trustees | |
|---|---|---|
| Lynda Stewart | ||
| Catherine Staunton-Unsworth | ||
| Christine Porter | ||
| Ruth Willey | ||
| Roy Grice | ||
| Ann Bland | Resigned September 2023 | |
| Jane Craik | ||
| Ashleigh Maw | ||
| Mary Rendle | Appointed September 2023 | |
| Administrator | Lynn Ferguson | |
| Charity Number: | 1158077 | |
| Contact address: | 16 Swaledale Avenue | |
| Rainhill | ||
| Prescot | ||
| Merseyside | ||
| L35 4NT | ||
| Independent Examiners: | TCA Accountants | |
| St Ann’s Mount | ||
| 166 Prescot Road | ||
| St Helens | ||
| Merseyside | ||
| WA10 3TS | ||
| Bankers: | Lloyds Bank | |
| 5-6 King Street | ||
| Penrith | ||
| Cumbria | ||
| CA11 7AP |
Page 2
MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024
Report of the Trustees for the year ended 31 August 2024
The Trustees present their report and financial statements for the year ended 31 August 2024.
Structure Governance & management
The Trust is an independent charity governed by its constitution dated 30 November 2013. The Charity was registered with the Charity Commission on 31 July 2014, having previously operated as an unincorporated organisation. The Trustees who have served during the year are listed on Page 2.
Trustee recruitment, induction and training
Trustees were initially selected on the basis that they were committed to Maths Recovery, had been involved in research and delivery of programmes to promote mathematical learning and an appropriate range of skills to ensure that the charity was successfully launched. Each year the Trustees will consider whether there is a need to expand the range of skills by inviting others to join their number. As the charity develops, the Trustees are committed to developing appropriate policies for Trustee recruitment, induction, and continuing training. Each year one third of the trustees retire, being those longest in office and are eligible for re-election. In September 2023 Ann Bland sadly retired as a Trustee due to her ill-health. We will miss Ann and thank her for her many contributions to Maths Recovery and we are grateful for her continued interest and support. The trustees are acutely aware that they do need to expand their number and to actively seek to do this. Mary Rendle became a Trustee in September 2023 and we welcome this new appointment. At the AGM in November 2023 Charlotte Madine and Catherine Staunton Unsworth retired and were re-elected. Chris Porter decided to retire from her role as Treasurer in June after many years but has agreed to continue in her role as Trustee so we will not be saying goodbye to her. However, we do wish to take this opportunity to acknowledge her expertise and thank her for her continued support. Lynda Stewart has been elected as our new Treasurer and we look forward to her taking up this position. Our Finance Officer, Lynn Graham continues in her post, and we are very glad to have her and note many congratulations for her marriage to Mark Ferguson in July 2024.
Objectives, Activities & Public Benefit
The primary objective is “to promote the mathematical education of people, including children and the adults who teach or support them, in such ways as the charity trustees think fit”.
The main activities of the charity are training professionals in implementing the Maths Recovery Programme in their settings and local authorities, promoting research into children’s mathematical thinking through conferences and professional development.
The Trustees have referred to the information contained in the Charity Commission’s general guidance on public benefit when reviewing the aims and objectives and in planning future activities. The Trustees believe that the activities carried out benefit the public by improving the teaching and learning of mathematics of children and young people.
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MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024
Achievements & performance
The Trustees meet regularly via Microsoft Teams meetings or telephone conferences. The day-to-day business of the Council is managed by the Executive Committee who in turn delegate tasks to sub-committees as required. The Chair of the Executive Committee, Mary Rendle, has continued in her role for a further year until January 2025.The Council wishes to thank her for continued support and commitment. We welcomed new members this year as the new trainee trainers from South Lanarkshire joined the Executive Committee in January 2024. Louise Marko, Jill Cairns, Jenny Walker, Christina Smith and Hannah Steele.
The Maths Recovery website has been fully functioning with links to videos, activities and documents in the members area that are updated on a regular basis. There are testimonials and an overview of Maths Recovery history in the UK, research papers and links to resources, a live X (Twitter) feed and contact form. Silver membership is free for Exec and Trustees etc., free for the first-year membership is offered to MR course participants and then £30 annual fee as ordinary membership to be paid via the Stripe App on the website. Many members have been renewing their membership at the end of their first free year, which is encouraging. However, we need to populate the site with new resources and videos to maintain the interest of our community of Maths Recovery teachers and teaching assistants. Currently we have 120 active members and around 270 expired memberships. It is envisaged that the website will support the advertising of courses and attract a wider audience as well as.
A full programme of professional development was delivered to South Lanarkshire for a third year starting in September with the 8-day Intervention Specialist course, three 4-day Red Book courses and six courses on the Purple Book. Two cohorts received Day 1 and Day 2 face to face but with gap tasks between the two days. Feedback from last year was positive and delegates preferred the interaction and hands-on of the face-to-face sessions. This was an opportunity for our Scottish trainers in to continue to deliver training outside of their local authority on behalf of the Council and for our new trainer, Ashleigh Maw to complete her Trainer accreditation. Andy Gray has taken over from Garry Maguire as the lead officer in South Lanarkshire. He has committed his support to an authority-wide pedagogy improvement programme with Maths Recovery at the centre of the development. Five of their teachers have gone forward with Teacher accreditation and want to become MR Trainers. However, there was difficulty in releasing the teachers from school for them to deliver the training days allocated resulting in delays to them achieving accreditation status. Going forward, funding has been secured and written into the new training programme so we are hopeful that completion will be possible this year for four of the existing trainee trainers and four new trainees. Andy Grey will be returning to school in June and he will not be replaced. Our contact in future will be Gillian Gray and Leigh Miller. The new contract initiated prompt payment this year in an acceptable timeframe.
The 4-day Red Book course was delivered in East Lothian in January and May and was well received. It is hoped that it will result in a revitalization of Maths Recovery teaching within their region.
The 4-day Red Book course was also delivered in Antrim to a small cohort of 8 teachers. This course was subsidized by the Council as it was felt to be important to have a training offer in Northern Ireland. The course was well received and there was considerable interest in further training for the LFIN and purple books.
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MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024
The 2-day Purple Book training was delivered in the Shetland Islands to a varied group of teachers in October. This training was well received and has resulted in a request for further training by the Orkney Islands in a virtual format commencing in August with 3 twilight sessions and 1 day and continuing through to October 2024.
The Council has continued to offer a programme of virtual training sessions which retained the interactivity of our training courses whilst maintaining the quality. The four two-hour virtual workshops based on the Purple Book were delivered via Microsoft Teams. This virtual format has proved popular and made Maths Recovery available to teachers who found it difficult to access previously, so it is hoped that we can continue this offer and develop it further to include the Red Book.
Wigan Local Authority and West Lothian have continued to deliver Maths Recovery training in their local authorities and Wigan plan to do so again next year.
The increase in training requests post-Covid restrictions has challenged our capacity to deliver. It is hoped that the new trainers can continue to be developed to meet this increase in demand. This year approximately 300 teachers and teaching assistants have participated in Maths Recovery training.
The Council has benefitted from using Microsoft for non- profit donated software of ten years free trial of Microsoft 365 with up to 10 licenses to be renewed annually. We have continued to use Microsoft Teams for meetings and training, although some trustees have continued to struggle with full access to the platform. The new gmail account: mathsrecoveryuk20@gmail.com reflects a more appropriate membership base than just ‘england’.
The trustees have reviewed the safeguarding policy, the filming protocols, the data protection policy, and conflict of interest policy as part of the annual policy review. A new Permission Form has been widely used for delegates at training to give permission for use of their images, video, and quotation etc. to be used on website and social media and any other promotional publication. It is given out at the beginning of each new cohort of training, signed and collected by the lead trainer.
A new DBS application was completed for Catherine Staunton Unsworth, as a replacement.
From April 2022 the new Trainer rates have been applied. The subsistence allowance was raised to £35 per day. The Consultant fee raised to £675 when 2 trainers are delivering training, and to £720 when a consultant is delivering training alone. The trainers’ fees were raised to £550. This should be reviewed at the beginning of the next financial year as travel and expenses have increased.
The Maths Recovery Logo Trademark was renewed last year at a cost of £220 and will last for 10 years.
We were very grateful to Dawn Dibley, author of Numeracy for All Learners, for delivering a presentation on Accommodations and Modifications to Support Numeracy for all Learners for our first virtual CPD Masterclass in January. It was well attended and very well received. It allowed us to reconsider our approaches to assessment and instruction ensuring all students have opportunities to engage with mathematics in ways that are meaningful to them. There are plans to develop similar virtual presentations next year.
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MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024
The Council received another invitation from the New South Wales Department of Education to tender for the development of a statewide intervention programme to be delivered virtually to all their schools. It was agreed that although this was an exciting opportunity, we didn’t have the capacity to deliver such a huge programme.
The new assessment kits reprints were used for the autumn term training this year with the newly edited manuals. We are grateful to Roy for allowing us to use his loft room to store the kits and for counting all the sticks and counters. We have taken receipt of another 100 kits and ordered a further 100 red book assessment kits. The new training DVD has been very well received by both trainers and delegates and they have been uploaded to YouTube for ease of access for new trainers together with teaching videos for each of the courses.
The Council has been using an X (Twitter) account and social media to promote its objectives, @MathsRecoveryUK https://mobile.twitter.com/MathsRecoveryUK. Delegates on courses are invited to post comments, share ideas and photographs, and ask questions. The Facebook page and the private Facebook group have proved popular with links for resources and promoting discussion to continue to support training courses and to reach a wider audience. As the virtual workshops were successful, we may look to develop further virtual training offers.
Autopress and TTS have continued to support the Council this year through the payment of copyright fees. TTS has now been bought by RM Educational Resources Ltd. It is anticipated that the level of fees will be increased due to post Covid gaps in learning that have been reported by teachers. The Chair has reviewed the contents of the TTS kit with their numeracy lead and updated some of the contents and our entry in their catalogue. Autopress has a new management structure and hopes to expand its offer. The chair was invited to produce a short promotional video demonstrating the progression in using the Double ten frame as an alternative setting to the rekenrek. This video has been uploaded to Autopress’s TikTok account and our website with links on Facebook.
Plans for the future
Over the next financial year, the Council intends to continue to meet the demand for training as it arises; accredit teachers and trainers who have completed portfolios after training, develop new training courses and provide quality assurance for the Programme. However, it is recognised that future working may look very different as virtual training has proved very popular with participants as face-to-face training is not always practical. A virtual red book course will be developed and delivered to the Orkney Islands next year as a new venture and will be evaluated before being offered more widely.
There is a large programme of professional development planned for the next academic year in South Lanarkshire that we hope to deliver with the support of our Scottish trainers and developing new trainee trainers including LFIN 8-day, three further Red Book cohorts and 6 Purple book cohorts. South Lanarkshire want to develop four of their accredited MR teachers as trainers and develop four new trainees alongside them. They will deliver a large part of this programme supported by MR consultants and trainers. We look forward to working with them to achieve this as the Council’s capacity to deliver training with the current number of trainers is proving challenging.
The LFIN course is planned to run in Antrim in the autumn and spring terms. Wigan plans to run further Maths Recovery courses, including LFIN, Red and Purple book courses. Virtual workshops on the Purple Book will be offered again next year.
Page 6
MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024
The new cost of the 8-day course of £21,000 has been applied for all new training from 2023/4 onwards. We will need to keep costs under review in the future.
We have deemed the planning of future conferences in the UK to be too expensive. Smaller events or workshops hosted by Local Authorities may be more viable than large events. Covid-19 has seen the rise of virtual conferences, and it may be that we consider this as an alternative next year. The Council will also consider how to use some of its funds for public benefit in terms of sponsoring conferences or workshop places. This will include the purchase of Zoom as a platform to make virtual conferences and masterclasses accessible to a wider audience. There are plans to develop further virtual presentations involving the MR authors including Corinna Grindle in January 2025.
The Council will continue to promote research into children's mathematical thinking with a programme of presentations and workshops around the new chocolate book. We look forward to integrating the new publication, the Pink Book, into our work as we focus on diversity, equity, and inclusion in our Maths Recovery programmes.
Members of the Council will continue to engage in professional development and review how they have adapted their intervention training course to address the changes in the new white book and the new Learning Framework. It is planned to develop a series of video clips illustrating each of the SEAL Stages for counting that can be used in future training and be uploaded to the website. Further development work will include video clips of how to use manipulatives and different settings as well as short tutorials for members to support their professional development. Mary Rendle has recorded a presentation on Grouping and Sharing.
The Council plans to continue to consult with government bodies and scientific associations. It plans to make knowledge of children's mathematical thinking available to a wider audience through publications and presentations and the new website.
Financial Review
Total receipts of unrestricted funds of £125,519 (2023: £66,193) are detailed in note 1 of the Financial Statements. The available funds were predominantly spent on trainers’ fees and travel costs, course materials and other administration expenses. The net result for the year on unrestricted funds was an excess of income over expenditure of £46,552 (2023: excess of expenditure over income of £28,930). This resulted in a year end bank balance in respect of unrestricted funds of £118,897 (2023: £72,345). The result showing in the Receipts and Payments account in each financial year is affected by the timing of receipts and payments and is not necessarily indicative of the timing of the related underlying activities.
There have been no restricted fund transactions this year and there are no balances on restricted funds at the year end.
Page 7
MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024
Going Concern
The current timetable for future work is promising; we have courses booked and there has been interest in organising future courses. However, the significant rise in travel and accommodation costs as well as books will impact negatively on the Charity’s income, hence the review of the pricing structure and increase in the costs of the 8-day course.
From a financial point of view the charity can survive the 12 months from the date the accounts are to be signed off as we do not have any fixed overheads and we have not committed to any large-scale spending on a conference. With the current level of reserves in hand the Trustees are satisfied that the accounts for 31 August 2024 can be prepared on the going concern basis.
Related Parties
Several Trustees of the CIO act as consultants or trainers and receive fees from the CIO. Each is paid a standard daily rate, which is fixed each year by the full board of Trustees and represent an open market value for the specialist services provided. The nature of Maths Recovery means that it is difficult to find suitable experienced alternative consultants or trainers who are not also involved in the running of the Mathematics Recovery Council. The amounts paid to Trustees are disclosed in note 4.
Risks review
The Trustees have considered the risks associated with the charity, and they consider the key ones to be
-
Reputational risk
-
Litigation regarding quality of training
-
Financial loss due to clients not paying for services provided
-
Travel or accommodation costs caused by cancellation of course or inclement weather
The Trustees believe that the risks are minimised as far as practical because of quality assurance of the training by the MR consultants and trainers, active involvement of the trustees in delivery of services and compliance with the relevant requirements such as professional qualification of trainers and evidence of their professional development. The council is developing suitable policies and procedure for each of these areas and holds the NCETM CPD Standard quality mark.
Reserves Policy
The Trustees recognise the need for the Charity to establish and maintain reserves to enable it to continue to carry out its charitable objectives in the event of unforeseeable matters arising such as the Covid-19 pandemic. Funds that are designated but not restricted should be used in line with the purpose for which they were reserved. Funds provided for a specific purpose are held as restricted funds and used solely for the purposes indicated by the donor. There have been no designated or restricted funds during either of the last two financial years.
The Trustees would ordinarily aim to hold at least 6 months' operating costs in general bank funds. At the year end the bank balance represents around 18 months of costs with reference to the costs for the year just gone calculated on a straight-line time apportioned basis (2023: 9 months).
Page 8
MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024
The movement on the reserves of the charity are detailed in note 3 to the financial statements.
Statement of Trustees responsibilities
The trustees are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the receipts and payments of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgments and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees on 16[th] November 2024 and signed on their behalf by
Charlotte Madine
Trustee
Page 9
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
I report on the financial statements of the charity for the year ended 31 August 2024, which are set out on pages 1 to 13, the report is in respect of an examination carried out in accordance with s.145 of the Charities Act 2011 (“The Act”)
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the financial statements. The charity's trustees consider that an audit is not required for this year (under section 144 (2) of the Act), and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts (under section 145 of the Act);
-
to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Act); and
to state whether particular matters have come to my attention.
Basis of this report
My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
Independent examiner's statement
In the course of my examination, no matter has come to my attention
which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that:
-
proper accounting records are kept (in accordance with section 130 of the Act); and
-
accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:
Date: 16[th] November 2024
Barry Dolan FCCA TCA Accountants Chartered Certified Accountants
St Ann’s Mount, 166 Prescot Road, St Helens, WA10 3TS
Page 10
MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024
| 2023-24 | 2023-24 | 2023-24 | 2022-23 | 2022-23 | 2022-23 | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| Note | funds (£) | funds (£) | funds (£) | funds (£) | funds (£) | funds (£) | |
| RECEIPTS | |||||||
| Other trading | |||||||
| activities | 1(a) | 801 | - | 801 | 2,905 | - | 2,905 |
| Income from | |||||||
| Charitable activities | 1(b) | 124,718 | - | 124,718 | 63,288 | - | 63,288 |
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ||
| Total receipts | 125,519 | - | 125,519 | 66,193 | - | 66,193 | |
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ||
| PAYMENTS | |||||||
| Expenditure on | |||||||
| raising funds | 2(a) | 303 | - | 303 | - | - | - |
| Expenditure on | |||||||
| charitable activities | 2(b) | 78,664 | - | 78,664 | 95,123 | - | 95,123 |
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ||
| Total payments | 78,967 | - | 78,967 | 95,123 | - | 95,123 | |
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ||
| Excess of receipts / | |||||||
| (payments) | 46,552 | - | 46,552 | (28,930) | - | (28,930) | |
| Cash & bank b/fwd | |||||||
| 1 September 2022 | 72,345 | - | 72,345 | 101,275 | - | 101,275 | |
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ||
| Cash & bank c/fwd | |||||||
| 31 August 2023 | 118,897 | - | 118,897 | 72,345 | - | 72,345 | |
| =============== | =============== | =============== | =============== | =============== | =============== |
The notes on pages 13 to 15 form part of these accounts
Page 11
MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
STATEMENT OF ASSETS AND LIABILITIES AT 31 AUGUST 2024
| 2023-24 | 2023-24 | 2023-24 | 2022-23 | 2022-23 | 2022-23 | |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| funds (£) | funds (£) | funds (£) | funds (£) | funds (£) | funds (£) | |
| ASSETS | ||||||
| Debtors | 4,617 | - | 4,617 | 41,250 | - | 41,250 |
| Bank balances | 118,897 | - | 118,897 | 72,345 | - | 72,345 |
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | |
| Total assets | 123,514 | - | 123,514 | 113,595 | - | 113,595 |
| =============== | =============== | =============== | =============== | =============== | =============== | |
| LIABILITIES | ||||||
| Owed to suppliers | - | - | - | 1,971 | - | 1,971 |
| Accruals and deferred | ||||||
| income | 1,875 | - | 1,875 | 26,091 | - | 26,091 |
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | |
| Total liabilities | 1,875 | - | 1,875 | 28,062 | - | 28,062 |
| =============== | =============== | =============== | =============== | =============== | =============== |
Approved by the Board of Trustees on 16[th] November 2024 and signed on its behalf by
Charlotte Madine Trustee
Page 12
MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
| 2023-24 | 2023-24 | 2023-24 | 2022-23 | 2022-23 | 2022-23 | |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| funds (£) | funds (£) | funds (£) | funds (£) | funds (£) | funds (£) | |
| 1. Receipts | ||||||
| 1(a) Other trading activities | ||||||
| Royalties & intellectual | 801 | - | 801 | 2,905 | - | 2,905 |
| property fees | ||||||
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | |
| Total | 801 | - | 801 | 2,905 | - | 2,905 |
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | |
| 1(b) Income from Charitable | ||||||
| activities | ||||||
| Training fees | 123,448 | - | 123,448 | 59,733 | - | 59,733 |
| Accreditation & membership | ||||||
| fees | 407 | - | 407 | 512 | - | 512 |
| Books and assessment kits | 863 | - | 863 | 3,043 | - | 3,043 |
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | |
| Total | 124,718 | - | 124,718 | 63,288 | - | 63,288 |
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | |
| Total Receipts | 125,519 | - | 125,519 | 66,193 | - | 66,193 |
| =============== | =============== | =============== | =============== | =============== | =============== |
Page 13
MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
| 2023-24 | 2023-24 | 2023-24 | 2022-23 | 2022-23 | 2022-23 | |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| funds (£) | funds (£) | funds (£) | funds (£) | funds (£) | funds (£) | |
| 2. Payments | ||||||
| 2(a) Expenditure on raising | ||||||
| funds | ||||||
| Intellectual property fees | ||||||
| paid | 303 | - | 303 | - | - | - |
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | |
| 2(b) Expenditure on | ||||||
| charitable activities | ||||||
| Trainer fees | 47,153 | - | 47,153 | 58,585 | - | 58,585 |
| Trainer travel and | ||||||
| accommodation | 14,572 | - | 14,572 | 19,636 | - | 19,636 |
| Books, journals and DVD’s | 7,061 | - | 7,061 | 8,097 | - | 8,097 |
| Assessment kits | 6,232 | - | 6,232 | 5,686 | - | 5,686 |
| Postage and delivery | 834 | - | 834 | 887 | - | 887 |
| Sundries | 718 | - | 718 | 819 | - | 819 |
| Insurance | 482 | - | 482 | 477 | - | 477 |
| Computer and website costs | 427 | - | 427 | 144 | - | 144 |
| Subscriptions | 225 | - | 225 | - | - | - |
| Independent examination | 960 | - | 960 | 792 | - | 792 |
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | |
| 78,664 | - | 78,664 | 95,123 | - | 95,123 | |
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | |
| Total payments | 78,967 | - | 78,967 | 95,123 | - | 95,123 |
| =============== | =============== | =============== | =============== | =============== | =============== |
Page 14
MATHEMATICS RECOVERY COUNCIL UK AND IRELAND
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
| B/fwd | Transfers | C/fwd | |||
|---|---|---|---|---|---|
| 1 Sept 2023 (£) | Receipts (£) | Payments (£) | in/(out) (£) | 31 Aug 2024 (£) | |
| 3. Fund movements | |||||
| Unrestricted funds | 72,345 | 125,519 | (78,967) | - | 118,897 |
| Restricted funds | - | - | - | - | - |
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | |
| Total funds | 72,345 | 125,519 | (78,967) | - | 118,897 |
| =============== | =============== | =============== | =============== | =============== |
4. Related parties
Several Trustees of the Charity act as consultants or trainers and receive fees from the Charity. Each is paid a standard daily rate, which is fixed each year by the board of Trustees and represents an open market value for the specialist services provided. The nature of Mathematics Recovery means that it is difficult to find suitable experienced alternative consultants or trainers who are also not involved in the running of the Mathematics Recovery Council charity. The following amounts were paid to the Trustees and other related parties:
| 2023-24 | 2023-24 | 2023-24 | 2022-23 | 2022-23 | 2022-23 | |
|---|---|---|---|---|---|---|
| Name | Fees (£) | Expenses (£) | Total (£) | Fees (£) | Expenses (£) | Total (£) |
| Christine Porter | - | 110 | 110 | - | 45 | 45 |
| Charlotte Madine | 17,980 | 3,020 | 21,000 | 33,315 | 8,996 | 42,311 |
| Nurturing Wisdom Limited | 11,655 | 4,194 | 15,849 | 13,570 | 3,557 | 17,127 |
| Jane Craik | 5,680 | 1,077 | 6,757 | 5,570 | 1,362 | 6,932 |
| Lynda Stewart | 1,100 | 93 | 1,193 | 2,660 | 510 | 3,170 |
| Ashleigh Maw | 3,300 | 1,141 | 4,441 | - | 777 | 777 |
| Mary Rendle | 4,421 | 1,129 | 5,550 | - | - | - |
| West Lothian Council | 2,686 | - | 2,686 | - | - | - |
| ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | ----------------------- | |
| Total | 45,722 | 11,864 | 57,586 | 55,515 | 15,247 | 70,762 |
| =============== | =============== | =============== | =============== | =============== | =============== |
The trustee, Catherine Staunton-Unsworth, is a director and shareholder of Nurturing Wisdom Limited. The trustee, Mary Rendle, is an employee of West Lothian Council which receives part of the daily trainer’s rate in respect of Mary Rendle.
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