GENDER AND EDUCATION ASSOCIATION
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
Charity No: 1159145
GENDER AND EDUCATION ASSOCIATION
UNAUDITED FINANCIAL STATEMENTS
YEAR ENDED 31 OCTOBER 2023
| CONTENTS | PAGE |
|---|---|
| General informaton | 3 |
| Trustees’ Annual Report | 4-5 |
| Statement of Trustees’ Responsibilites | 6 |
| Statement of Financial Actvites | 7 |
| Balance Sheet | 8 |
| Notes to the fnancial statements | 9-11 |
| Independent Examiner’s Report | 12 |
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GENDER AND EDUCATION ASSOCIATION
GENERAL INFORMATION
Gender and Education Association
Registered charity name Gender and Education Association Charity number 1159145 Principal & registered office address GEA Executive Committee c/o UCL Institute of Education University College London 20 Bedford Way London WC1H 0AL
Trustees
Dr Kate Hoskins Dr Victoria Showunmi Prof V Sundaram Prof J Ringrose
Independent examiner
Sheila Parry FCCA SPX Oxford Ltd Peace House 19 Paradise Street Oxford OX1 1LD
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GENDER AND EDUCATION ASSOCIATION
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 OCTOBER 2023
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 October 2023.
REFERENCE AND ADMINISTRATIVE DETAILS
Reference and administrative details are shown in the schedule of general information on page 2 of the financial statements.
THE TRUSTEES
The trustees who served the charity during the year are shown on page 2.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity is constituted as a Charitable Incorporated Organisation and was registered on 10 November 2014.
The charity’s constitution was signed end of October 2014 and is the document that governs the processes we follow.
OBJECTIVES AND ACTIVITIES
The overarching aim of the Gender and Education Association is - the advancement of education for the public benefit in gender equality in the field of education with particular reference to curriculum, assessment and examinations and pedagogy and in feminist understandings of, and practices in, gender and education.
This is the broad commitment of the charity, and the way it is delivered on is shaped by the Executive Committee in place at the time, and the kinds of priorities outlined by in-coming Chairs.
During 2022/23, our work focused on the following activities:
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The co-Chairs have facilitated the process for seeking and reviewing the 2024 GEA Conference hosting team
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Continuing to expand our membership
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Continuing to explore routes for engagement with our membership at national and regional levels
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Increased engagement and activity on the GEA website and social media
ACHIEVEMENTS AND PERFORMANCE
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We continued to host a virtual series of seminars organised by Executive Committee members, focused on celebrating our 25[th] anniversary
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We worked with Charles Sturt University to host the GEA conference in June 2024 through a competitive proposal process. This was the first in-person conference since 2019.
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We launched a membership drive to coincide with preparations for the 2024 GEA conference and our membership income increased by more than double in 22/23
FINANCIAL REVIEW
Membership fees was the charity’s only source of income due to the pandemic. Our main outgoings for 2022/23 were paying our administrator, our research grant call and social media/website lead. We invested in bringing our membership records up-to-date and ensuring we build the necessary processes for managing this.
PLANS FOR FUTURE PERIODS
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Continue to increase membership numbers
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Continue to diversify our membership
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GENDER AND EDUCATION ASSOCIATION
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Continue to expand our Executive members
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Strengthen our web presence
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Support the 2025 Gender & Education conference
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Continue to facilitate annual seedcorn funding
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GENDER AND EDUCATION ASSOCIATION
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. The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which 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.
Signed on behalf of the trustees
GEA Executive Co-Chair
Jessica Gagnon
Vanita Sundaram
Date: 1/8/2024
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GENDER AND EDUCATION ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2023
| Note Income and endowments from: Charitable actvites 2 Total income Expenditure on: Charitable actvites 3 Total expenditure Net income / expenditure Transfers between funds Net movement in funds Reconciliaton of funds Total funds brought forward Total funds carried forward |
Total Funds 2023 £ 2,424 2,424 3,688 3,688 - 1,264 - - 1,264 13,803 12,539 |
Total Funds 2022 £ 542 |
|---|---|---|
| 542 | ||
| 7,305 | ||
| 7,305 | ||
| - 6,763 - |
||
| - 6,763 | ||
| 20,566 | ||
| 13,803 |
The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
All of the income and expenditure relate to unrestricted income funds.
The notes on pages 9 to 11 form part of these financial statements.
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GENDER AND EDUCATION ASSOCIATION
BALANCE SHEET FOR THE YEAR ENDED 31 OCTOBER 2023
| Note Current assets Debtors: Amounts falling due within one year Cash at bank and in hand Creditors: Amounts falling due within one year 5 Net current assets Net assets The funds of the charity Unrestricted funds Restricted funds Total funds 6 |
2023 £ £ - 12,929 12,929 - 390 12,539 12,539 12,539 - 12,539 |
2022 £ £ - 14,193 14,193 - 390 13,803 13,803 13,803 - 13,803 |
2022 £ £ - 14,193 14,193 - 390 13,803 13,803 13,803 - 13,803 |
|---|---|---|---|
| 13,803 | |||
| 13,803 - |
|||
| 13,803 |
These financial statements were approved by the members of the committee and authorised for issue on …………………………………. and are signed on their behalf by:
……………………………..
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GENDER AND EDUCATION ASSOCIATION
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2023
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with the Charities Act 2011 and in accordance with the Statement of Recommended Practice (2019 SORP).
The Trust constitutes a public benefit entity as defined by FRS 102.
The Trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern.
Donations
Donations received are accounted for on a received basis.
Income
All income is included in the statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Donations and legacies are reported in the Statement of Financial Activities if they are received or due in the financial year.
Expenditure
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Expenditure represents amounts invoiced, including value added tax.
Donations are accounted for on a paid basis.
Taxation
The Charity is exempt from corporation tax on its charitable activities.
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GENDER AND EDUCATION ASSOCIATION
NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2023
2. INCOME FROM CHARITABLE ACTIVITIES
| Membership Conference surplus |
Total Funds 2023 £ 424 2,000 2,424 |
Total Funds 2022 £ 542 - |
|---|---|---|
| 542 |
3. EXPENDITURE ON CHARITABLE ACTIVITIES
| Research grants Administraton costs Website Media / communicatons Governance costs |
Total Funds 2023 £ 2,551 23 - 802 312 3,688 |
Total Funds 2022 £ 3,012 196 - 3,785 312 |
|---|---|---|
| 7,305 |
4. GOVERNANCE COSTS
| Accountancy Trustee expenses Total governance costs |
Total Funds 2023 £ 312 - 312 |
Total Funds 2022 £ 312 - |
|---|---|---|
| 312 |
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GENDER AND EDUCATION ASSOCIATION
NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2023
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Accruals . ANALYSIS OF FUNDS General Funds Unrestricted income funds Total funds |
2023 £ 390 |
2022 £ 390 |
Expenditure £ 3,688 3,688 |
Transfer s between funds £ - - |
At 31 Oct 2023 £ 12,539 |
||
|---|---|---|---|---|---|---|---|
| 390 | 390 | ||||||
| At 1 Nov 2022 £ 13,803 13,80 3 |
Income £ 2,424 2,424 |
||||||
| 12,53 9 |
6. ANALYSIS OF FUNDS
7. RELATED PARTY TRANSACTIONS AND TRUSTEE EXPENSES
No trustees were reimbursed any amounts in relation to Charity expenses as trustees (2022: nil) No trustees were reimbursed any amounts in relation to Charity expenses as executive member, in line with procedures set out in the Charity’s governing document (2022: nil)
8. CONTINGENCIES
The trustees have confirmed that there were no contingent liabilities which should be disclosed at 31 October 2023.
9. POST BALANCE SHEET EVENTS
Since the balance sheet date no events have occurred which would have a material effect on these financial statements.
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GENDER AND EDUCATION ASSOCIATION
Independent examiner’s report to the Trustees of Gender and Education Association, CIO (Charity number: 1159145)
I report on the accounts of the Charity for the year ended 31 October 2023, which are set out on pages 7 to 11.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act), but that an independent examination is required.
Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act; and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
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to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the 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 the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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which gives me reasonable cause to believe that, in any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act and
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to prepare accounts which accord with the accounting records, comply with the accounting requirements set out in the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)
have not been met; or
- 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Sheila Parry FCCA SPX Oxford 19 Paradise St, Oxford, OX1 1LD
Date: ………………………………..
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