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Chartty regtstrallon rrtrnber 117360B Company reglstratlcn nwnber09956251 <ETr3iand and Wales) SCHOOL OF CMC EDUCATION ANNLIAL REPORT AND FINANCiAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

SCHOOL OF CIVIC EDUCATION LEGAL AND ADMINISTRATIVE INFORAiAT1014 Dr l Krasiev HHMLevy J Loyd Amb. R Nyberg Pjtr M Sohknan M5 E MIL4r Amb. F * A￿e￿e[S￿n Amb F Von L(hiryhoven M5 8 N ￿lefflan IAprM)inted 19 January 2(Y231 IApwinled 19 January 20231 Charity number 1173608 compar￿ numb•r 09958251 Prlnclpal addrèss I￿2 C¢kny Hai¢b Lar N101EA Roglsttrtd offictr 2 L8rnan St￿1 L¢￿()1 United Ki￿lOrn E1W9US Audllor (¥avit3 Audit11 Liniled 2 Lernan Street E1 8FA

SCHOOL OF CIVIC EDUCATION CONTENTS P•9• TrLStees' tpp(wl Indepwdenl audi￿# reF#Xt Statementof financial actDriIEs 10 BalaKe sheei Statetngntofcash 12 Notes to the ￿n￿al$l￿1é￿nts 13. 19

SCHOOL OF CIVIC EDUCATION TRUSTEES, REPORT IINCLLItING DIRECTORE REPORTI FOR THE YEAR ENDED 31 DECEMBER 2023 Tre wstees rrfesent t￿r ann[&91 te￿1 aThJSnaThy stslerbnts the Yearw￿￿ 31 Dectrt)¥ 2023. The finanaal stalefflenis have been prepared in th2 accountiry ￿KieS set (xrt 1 to the financial ststements and comply with Ihe charity'5 K4ern[￿dUfft and Art￿leS￿l I￿￿￿KatiOn. the Companies Acl 2006 and "AGcount￿9 and RepDrtin9 by Chties". StalwNen1ofRec¢wtwnet￿ed Ptactite app1'(a)￿ to chties prepaing 8¢cordarte the Financial RewiiNJ stsrthd appiKth w) UK RepUt1￿011re￿n4 IFRS 1021"1?ffectiV8 1 January 20191. Puws and ￿m$ Th8 SCE'S putPD5e. a5 tAJl in thp and PovM5 in 115 M8mtar¥Jum aThJ Artwjes of AsSL￿ti￿n, is io promots on the printy￿e$ ofdern¢racy. hurnan and nde oflaw. Th8 Ihe ImtNmgwe of rasiw ¥arer￿ exieThJng spac8 for swety 8Cvv￿ts iepresentalr¥es of NGOS. educabonal. Suerbr￿ aTrd cultural c￿[￿UnI￿e5 atKI Ihp media. 3nJ of engagirvJ iemabona ÈN4)Èrt CDmmuThty IOkX(ts 10 devek1￿enl of CMI s(JÈty. Slrateges fDrachEving airns andotyeGiNes SCE reallses It objects by ¢arrykng a¢tSvfjlles wttSch aknto: • increase Ihe ktK>wkxJge and ￿￿erstandI1￿j of wn(JtAes wl¥ch fotm the bas￿ of a state which is subpclto the rule-of-law the wfjtk of ttKxJern wverrwnents atHJ 5(xxbes atKing cthzens of the countries of Central E85t￿ Euro￿ post Sovel stales.. • lo prowde 8 Varform tr th￿ eXctsr￿e ofopinK>ns and on topical gl(knal Lssues ar￿ CMI gxifyty devd(yment. and to sh3reexper￿r￿ iieorisi& wacwilor￿an￿1 SCE ￿￿Pant5.. lo strerythen neiw(Kkng bet¥w waly ￿1Ve rewesentaivesof Wdrw)us wOfess￿￿al sttheres and p(Ath￿l YEws', lo encourage oiwc respun51blity a[￿ ￿gager￿en. al kxal. naknal and rletnabonal ￿¥￿5. itvJud￿9 reaching arwj a whyer Rusyarp¥a￿rwj Iwh free edLthCrt81 inf£￿•￿n81 resowces To mttt the objectNe5 SCE aTrnu311y devekp5 arKI irnpknents a corwehensve edurational pr￿[arThe Cr)n￿stIng of the lollowing achvthes". A cyGkn 0fsernlna￿ ftr partop)ts'. 2. Adv￿Ced Pr(yJr3fflme for7Jumri." Them8fj¢ w(wk.slw)ps In wmersh p by SCE'S a¢￿m￿Pa IntematsTr4al forurn on Ih8 of InternalK)n￿ Conte￿." 5. Lawand D8mcttacy Pro9r8mryf¢r W and ryhts ￿n￿xI." 6. Sap$ra Audio rn8dk8 woieds". Dtsring 2023. despire f￿￿Cing deleys. SCEw&s atsk to iftwlemert oftbe ectiwlies achie¥e rts obje¢tNes Ihrough Ihs ffollowing seTtruna￿" Sapejv semiilaS re¢ruils four se.winars lorihe Advan￿0 Programme lor alurnni." one fiv&éay4ong semiNJar for AleLlia and so￿ety Pwafflme foT IOiIITJ31isfa. Additu)n8lly. Iwo seminèrs hveAe ¢<>nducsed 18wytrs w￿1 hurtrgn righls ￿￿enderS in the of Lèw 8nLI Demotracy wrrtshops. SCES aneuJal InternoRal FortJn tsj Sean of Lost Beth ry? LJ8ceFnber, al￿ v￿th Sa￿8￿ Aud& medk8 PWS. PuJYi¢ TIE trustees have paid due regard lo gvKJance iswed by ￿ Clwty in de¢i¢irwJ ￿tivItIeS the￿￿rty should undertake.

SCHOOL OF CIVIC EDUCATION TRUSTEES, REPORT IINCLLItING DIRECTORE REPORD IcoKllNUED FOR THE YEAR ENDED 31 DECEMBER 2023 Adrvthtrs Actlvities Dellvered Duri theR orlin Period cle cl setninars lor ne¥Y arbci ants Dunng the reportng p￿1￿. two &day face-t￿t￿ sefftinars ￿ the prografftme Futknentals of Dermcracy and C1￿c Engagemenl weo suxessfulty tA￿v¢ted for new paitwls SCES c(Knmilment to pF)rnoling ¢1￿C 8ng8gmani dwit8 ch4kr¥Jing ¢irwmstsrK88 due to bThYing dd8ys. Abwi 1LKJ c4¥ Cal￿ ytyJng pacpk frcm lh$ CIS and Eastern Europe took part in Iheseevents. After the outye3k ofltrE war. SCE has adapled its seminw5to ￿￿￿let0￿c5 suth a5 the rvle of hum3n ri￿5 cWwwJer5. war and Internat￿nal cultwe and emwie. wrternational jUst￿e. arKI the of Russian citEens in £xile. SCE continued lo reuuil prottinentexperts and publGfEures tospeak atthe sewMnar5. SCE'S activities have hdpe(l emrower Ru$st￿ ￿lunteer and other ¢ivr infbatNes that supp(Kt Ukraini8ns QPP05e Putin's war. SCE ha5 dso made 5pe(xal efforts to ens￿rE thp ￿n1￿Ued partiCIpatK￿ of UkrainHns in its serninars, both as par￿￿PanIS and experts. SCE can iepcrt Ihai ￿an been eyce&led ¥xxrtSn9 10 iidtatcms Fc examp￿. mNe thèn 80'h of S8pere Auy progromme p$rt￿P8nts reported YnEfov8(l vi¢Jers￿oi￿ ol main lopKs of ts s8rnYrs and ¥¢tsve eng8ggmenl In CMC 2. Advanced Pr me for alumi The Advan￿ Program seTrNnars ¥Yere c(XTpled a reguL4r cyde of tIE A(fv￿￿￿ Prryjrarnme. A nTrw5t exiens ensured the start of cohort 6 in February ￿23. vJhKh IndLKlpd 25 dumni. However. subsequendy. fun(Ing inter￿pt￿nS requi￿d a 6h8we F) the Initialy anwuntd locatK>n ar￿ ¢afrs of the seminars. DesKwie these adjustments, Ovei$ll effectiveness of the wugratntne rettwned utKharW. wth f(wJr 5 day fate4Trface S￿￿￿ar5 fDr the Ci¥K Laad8rship Advanced Programme alLfMi 2023 wortshjp prwnme In¢kndd Ir•li1￿81 AP fcnis" Sp￿al￿1 das19￿￿ ¥xtrt ccty8s. par1 discthons. worf(shops for project 4vork and ifttemews With experts_ The therne of wa- and pea￿ became Ihe background of the seminaE' programme Conyderable aryeniion was also devoted lo undersiaiding the wocesses f￿n9 Ru$51an swely. IncludrvJ ealing with Thass alrouties and viola￿on5 of r￿hs. post-%Yar rEconciliatson, overcorning Russia's history of rnperiaisrn and (x)k>nkilistn. h￿l)[icAl ￿Ik￿r￿ derr￿￿[￿¥ in ￿S1-aU￿10rT1at1an State. I￿￿)IKlati[Vj s1¥iety, as veell 8$ Ihe ro￿ of CMI scoety F) 8 r&Jesty￿ Iniematon81 ar¢hiiethre of 9W security 8nLI peace. Such 8 IXO9r8mme has contributed lo the aim of SCE- to tttvJe IFr8 wb&c lyi￿ 10 waranlee n0fvr¥p$ti1￿n ￿ ￿0￿¢ 8nd t￿l¢S enlKJhrd society byGTwrvJ broad exrtrl kgal. n￿d¥ ccfftwnthes thatwe fftfty thisiob. The Y￿rkshopS pkced an ITh￿¥￿1 efftphass the deVdow￿￿t of prartical sklls and cotnp8tsnc4es of parbcipants, pamiculady In SUPPOni)9 proieth ond Yibi¥es of fv particpanis SCE re¢Nded 11 preiectsi initiati￿$ ooveloped 8rf 18unch8d by alurnni and 27 by new serrinar wtrpants ihe rep¢rting penod. f( ¥ l0ts10138 stt181 prUl￿will1￿￿lIW¥¥. drv frx r襥J¥ vl Iwwl yivupb. IrKawJiiu [￿￿b￿j L¥1 bill￿W4[ snd anb-prq)aganda 3. ThBtnalic semirbar ￿ Freedorn of . m￿d￿. and &Kie rnali515 and tned49 tDfe551ona semnar tslled "M&Jia: FreedNn. ar￿ was held Irom (ktober 30 to Nbvernbei 3. 2D23. The seminar was organi$8d in ￿opera￿On It￿ Ministry of ForevJn Affairs of Fr￿. a￿1 ￿EnceS Po. Pans. The event w85 8ttwded by 10 joumalisLS. The event adtre5sed Ihe uthcal chalery contr(￿tir￿j ndep&Mlenl journal￿￿5. espeually those operatsng In Rusa and the CIS counknes, amwjsi LY)nfort arnl ¢Ènst¥shi). Th8 wogramme of th8 setninar airned to prowde 5UJWrt fosier a more rotXJ5t journal￿lIC cunrnunty. and etnpower piofessv)ML% in the fie￿ by ertharKino tsr cC4nvePerS￿ cl gbbal Dto¢esses 8nd intemional arckiteciure. 1strJstsions tentred arOL￿ a oftrmets in￿LJAI9thtr res￿)￿"lIty of aicyjrnL￿ arKJ a cibzery the rts￿ ofpum8h8m In opposing lyryanny: Infornabc) and fake rewE, th& safety ofpJmahsts the (xh)tralKJn Or￿M911$ts with￿1 bLYders for a just pea￿. Eminent fiwres from Ihe mIn￿try of FOr￿n AJfaYs. Fran￿. and the Provost Suences Po shared valuable Ir￿19h¢s. Thtr part￿pan(S were assured of Frart￿.5 ¢mmitmÈDt ￿ Supp￿ting Rknsan tivil sotiety and independent yJmalis15.

SCHOOL OF CIVIC EDUCATION TRUSTEES, REPORT IINCLLItING DIRECTORE REPORD IcoKllNUED FOR THE YEAR ENDED 31 DECEMBER 2023 9roup trtld Sess￿￿$ V4ith tsr98fMsabtsns as CFI arKI IRSEM Ilnstitut de Rether¢% Stratè9oue de I'E￿ Mililaire and Reportws Wilhwt Bordwsl lo WwJal cow8t￿ fvlu'e inhal￿e5 in re9Kffl (Rusw8 and Bebrusl ViFAts lo Musèe de fry5L(xre de I'irnrnigration and the cLb'galery The ￿SS￿le￿lp[0wid￿d ¥a￿ab￿ perst￿YeS ciAonial nairaiwe5 exile experi￿)￿. The wina r￿lled li IIE oiierts by several partiopants. Addilionally, two Seminar parti¢ipani$ organised a dwora meebny at Cinéma Le Balzac In Pa￿. whth was av.endèd by 400 ptr)pitr. 4. Iniarnalthtj Foium on oba ¢fvi¢s The 8th In Search ol Lost U￿VersahSrn Forurn was hekl in Berlin. ￿ DecEmber 6_ 7. 2023. Th Fotufft b￿g￿t together experts from different counlties wilh YaiK)us professKraT a￿$ cunural backgr￿[KIS.. pditiaan5. journ4ists. histori4ns. presenlalries of EurJpean. ArrrrKan atKI Bribsh arxdetnK and iT)Id¢ectu￿ rirdes. Notably. the Fi)rutn welcorned SCE umni fy8rtnefs. prowdi19 an excharge8ThJ cdl8twaiKin 8cross tuders. The forum brings l¢yther partKpanis Irorn C{￿￿triEs. Sup￿￿r¥j th￿r conr￿tioN within th2 c{)[r￿j￿ity The protrect has already t)ewme ¥YelkkrM)wn In edwanonal and expert crcles.. rts WgnIfican￿ wes emph8sise# by a web$ie IhW)."Ilbthinftrurn.￿I1r￿￿. Off￿￿9 (￿tsI￿d irfomwbon thjl Ihe pwrnè. goaL% ar￿ oth detals. The IokiCS- polit￿al repre￿on and the brutal Wdr were keyst(¥￿5 oflhe Forurn. prov￿Ing a C(￿ext for discuSs￿nS on othar issu8s. 11 is iwant 10 rwJte that thts bacèmo Iho b8s Cn thè wrth row6ntaiiv8s ofUkr8ine buill Other Important themes of the Fotym I￿￿￿e￿ decohy&zaitr. iBngti(￿l iustsce Al and human fre$dcm. all fall¥ under the o¥¥ar¢hin9 theme"Bwnd War arwj Repres￿n. CreabrKJ for Chry ar￿ Co(peration' hKJhhghl of lh8 was ￿E￿I¥l￿)￿S tsy SCE w￿u¥l8$ d ct8akYs of anii.wai iniliabves. derntrtslraling ihe kmpacl of SCE programmes. These presenlalions aso proviled the s￿er￿ ilh Ihe 4)pOrt￿lty ￿ expand networ￿S and extAorenew areas {rfCdL4￿ralK>n. 5. Law arKJ Demwra Pro IiJr hU￿a ts defeiw Two wortsthps on Human WlsDefendersloK Peace arXlJusf￿We￿ hekl fft Viltmus These w(￿kShIpS Vlere organisea by SCE and ItE Law and De￿￿￿aGY Center IjLsti￿ Hth) in CcWeratM￿ European Humanitie5 UnNet5ity. the Center for Conslitulianalism HutnaTr Rights all b3sed in Vlrnjs. A tot31 of 6C parnapants att￿ded tx>kn workops. repre5entity (Jtizens Irofft the RuSs￿n Federat￿￿. BeL4ru5. and Ukraine, most of wh(Yn Operat￿ (xrtsidp IhÈ ¢ountrs of thwr tryin. Ixxjspd on va[￿$ hunan nghls Bsues ID U)È conlexl of war and cort1￿1. esp#tyally in Rus>¥ atyj Beigrus. &%orksW b￿￿9b1 1098thtrr a I￿0r group ol legal $xp¥ts from the Law aniy DemocrdCF Centre wlh c4her ￿N)W￿j sreakers tr￿n various countries irdudiry Ukraine. w¢rked with part ¢ipants to addres$ Ihtyr protssshxal issues 8ThY devdop furt￿ prawcJ ePS ￿ impkrrenlkig hurfon advocacy and right5 In￿31￿85. The Fryrarnrne included plenary 5es5ions and Smal group drrrions on 1ryxcs suth a5 the ru￿ of law during warhme, prop3ganda. trsitional justi￿. uniy￿SaI jurisdKbDn. th￿ur￿en￿9 regime Cnn￿$. [x)lit￿l prisMeTS. as well as new ways, and Inno¥at¥e pracbces loc￿nt￿ue tKxnan ryht5W(wk. McKeover. the prograrDrne offered prac￿al w(xkslxys that addressed the rnost pre5srvJ rEe¢5 of human rights defwdws, facilitsling their adv(ucy. indudry Mapp￿9. and pwding WofeS￿l￿￿l wotk5hops and practical steps lo adapt 10 Ihe rw Situa1￿ indudn) seojnty. ¥6a sgAs. hJnJrafyrg. re Aude media Maintsining links l¥gst group ICMI socty insh Ruswal ￿ essenw. To reth SCE ha5 developin9 its online presen￿ ￿ several ￿at[or￿s.. launthiry a new %Yebsite. t￿l￿AuGing wxkasls and deveknping a Y(xJTube (*annel. PAJldhng an CA)￿K￿nity takes bme. Wth te5uIts ¥vJhUy atr￿>¥e the iarget I￿￿a￿ls. SCE can iewrt a steady gowlh ￿ ther￿Thb￿r of utMqUE users atvj visits.

SCHOOL OF CIVIC EDUCATION TRUSTEES, REPORT IINCLLItING DIRECTORE REPORD IcoKllNUED FOR THE YEAR ENDED 31 DECEMBER 2023 HowTh• SCE'S a¢tivitio¥ dèliwjr b1￿ b¢nvfft SCE has operated su¢cesstully wce 2016 10 Pt¢wle the pritKiplBs of d￿¢tra￿. nAe of law. ecknGation. and eDgagetnenl in the Russ￿￿ a￿le￿I. SCE ￿ a unw4ue due to ns e￿3￿e nawotk cf Rus￿an civil soC￿ty artors 8nd experts In very (Èmanclng ¢Kwmstartts. SCE has manW"o firMJ iinolative %ay$ to ma￿ts1￿ exp activit￿S Detro￿til¥j rerna￿b￿ fiexknlty in adapb"(￿ ty 1tuea9￿Y ￿￿ess￿e in Russia and the full-s￿ war in Ukrak4e. SCE mntinues IG its cixifftilrnant to W￿￿ote (iv￿ eduration ernpower soually active citszens through the1wkmty)￿tity) ofits ￿nats aNJ ￿l￿¢jeVe1 rarntne Mana ewTrEnt arvj Ey￿￿all0 SCE tKogratnThes are swervi5ed and dreded by B0￿d of Dire(ot5 ￿ a regukir b￿s. in acrAKdancp ￿ryth Pract￿￿$ wocedur&S aet out in UK ￿￿￿tiOn appica￿t kn cotrp8nÉs charitab￿ Sta￿8. Checks arxj bal8n¢es 8re ansur8d by a CW of re¥cwblIl￿ bot%sn. ihe Finan¢8 Commillee. ihe Finarta Dire¢lar and independent accauntants. The general autht of SCEsx&Thmts is tr￿dUcIed ainualy ty extemal audrtors. This Énsures intEmal contrd oftt SCE adtnhlli5tration atKJ elmnaies risk (rfwkntial 1x)nfi￿1 of Interest or ci)rrupliDn. Wilh rog8rd to rneasuring Iho dfe¢trieness and ?ffi¢itnty of ts ObJ"octs, SCE mTritO￿d and avaluated progranw elw8rabl￿ in Éwxdance With sei iaryets, tsJle(ied relevafft4Jata, wefy¥ed re￿$ andty9anÉed evalu8bon mein9& Tr evaluation process Irduded Ihg collecbcn of da￿ fewlback from p8rticip8nts and Ihe devdopmenl of r8le¥anl qUest￿M￿reSItery￿l?s. 31(ry with Ihe cOleC(￿ of inf(xmakon ￿ kM21 ￿llIa￿veS impknented ty programfftp partK4pants. Achievefflents and performanGe SwnifKtrt4¢fivKiss and$¢￿¥8￿￿]enr$a￿1rt￿ Otwi￿8 Tre Statement of fIn￿t￿l a￿￿11e$ ¥e r￿e￿ 12 13. re¥pe4lriety. Financial revieyi Prfnci al Fundin Sowcos SCE work$10 str￿g￿ll its Sustr￿abflrty a￿1 ¢i¥wwfy of(yye a￿1 vr¥9¢t4eb1￿ fU￿ing. li￿11 Ijw lilwi￿ WIU21T￿ gLYipi£•ltxl iv iy i[KIr￿￿". vlil￿Vdl lu1￿11￿ kjt Iliv dkaiily dle yldiii and vokjntary (x>ntribubDll5 rnade by g0veM￿la1 institution5 aTKI wi¥ate foU￿￿tiOnS in drfferent counlri&s. The dDTr( siiiulons which supported SCE'S &#Mties in the r￿ti￿r￿) wiod vre Ihe kdkMrvJ.' The S".ockholm Instifvie of Tran$ii Econotnics.;SITEI.' Slrd¢h&m scho￿ of EcwomKs In R￿a.. Mirmstry of F<wwgn Affwrs ol Finland: Nlinistry ol Foreun Affairs of Fran￿.,The Councl of Ewwe," Sutvmters of Ciyl S(xMety IUSAI. ard Opw S<xaety Foundation IOSFI and other donors. Plans forluture perlod5 SCE wll continue lo fulfil its mtssion ol buk1iro a rteh¥ork of civic actors w to digwe and ways af strengthening the fundament81 pnnaple5 Ihal suF¥xwt CDiiI wety. TIEse prinupks inckMÈ the ￿le of L3w. sound legHJ 118meworks, well-funclioning LYWC IDsIrtUDQn5. and th8 SUPFwJri for hLIT￿ nghts 41 of whKh to Ihe suslainabk prosperity success of ￿￿ern states dernOCral￿ in#liub￿. Wth this mir￿, SCEw(ks to se¥ch fty w dormys p¥thershps wth k8ding Ihink tanks ¥¢ademi¢ wislthtions n Lydei to benefit fr(ffi addit￿￿31 fundiry and sourt exFett￿e. SCE conbnuesto engage current and wlential donots thri)ugh accurate. largeted. arNI tir￿"CoM￿n￿￿i￿. ta￿r￿j into ￿xX)llrrtthe speBthc inete*s ar￿ requrerTrpnts of dmdua ddnors

SCHOOL OF CIVIC EDUCATION TRUSTEES, REPORT IINCLLItING DIRECTORE REPORD IcoKllNUED FOR THE YEAR ENDED 31 DECEMBER 2023 Structur, govemanc• and rnanawe Governln SCE is a company limiied by gu¥dnlee. nctytMxale(l on 1h January2016 reg￿tered a5 a ttha'ty on 29th J￿8 2017. It was esta￿l$hed wdera Memranduffl of A&swatK)n th&ch sels rts 0tr4.eds 3rKI Powers governed by its miC￿S ofAssociatron. In Ihe evenl afttE cijrnpany up. wnber ￿ requred lo wnthbule in amunt not ex￿edry £1. Thp trustees, ar2 al￿ Ihe dre((x5 ofcorrwany kw. SeTh￿during Ihe year and up to IhÈ daitr of $ign8tuitroflha $tal8manls ww8- Dr l Krastev HOmurab￿ T Gati HHMLevy r J Lloyd Amb. R NY￿e[g Mr M SohlrrBn Lord R Skiddsky Ms E Mill¥ AJnb. F O'Donndl MrAMexarterssOn Amb F Von Lorinov Ms B N LI[￿e￿an (Re￿9n￿ 13 Juty 20fdl IAkyMnted 19 January 20231 {Atwnled 19 January 20231 RÈ¢nNts7Jeth &ndèppoirfmentoftntsi Under the ￿WIrements of the me￿and￿￿t Ariths arA%sOraatK￿ the Me￿ of the Bo￿￿ of DireLors are to serve for8 oflhree years. a￿￿￿Chb￿ may at the nextAnnual C£nera MeebrKJ. None ot thetrustees has benefK#al Interest m the ctswny. PJI ofthe rfttstees are members olthe Cfjmpany rx)d ouarantet toconinbJl8 £1 in of 8 Ir￿li9 up. Rlsk Man Ri$k a$s$$mgni and ￿an￿¢M•￿t Is an important Pliffj far th SCE Board of Trugts and mana9¢mni in ordèr to entsfy and address n5k5 or fado¥5 that may threaten Ihe achieY8m8nt of SCE L4eEbves. In 2023. the SCE B03rd of Trustees obsÈrved a syStsM￿ ap￿￿￿¢b to risk asses91￿ m8rwr Or￿n1$8￿C￿￿￿sI￿th￿r& an15ational stru￿re Ttre SCE'S Board of Dreclor5 meets a mbiimwn Of￿¢¢ knes a year ro decye strategic dI￿110n SCE should fdl¢w, and to assess Ihe effrxtiveness d its risk manwenl FxAy. Led by t￿￿ c(Fcha1r￿rSon5. the SCE Boatd of Tmste8S CDn515ts of 10 rnetnbet5 frurn drflerenl countsies and with vaT¥JJS wole55KThI b&wurKJs. Thè Finance Conmitt a8SiSts the Bod ￿ fulfiling ts lurLurts n knms of I￿(￿M81 atKJ finantial rewting. and a with res￿ to monitoring (￿mplIar￿e ￿1th CW ComtrM55KJns legal arwl wlalory requirements and assess￿9 £fTecbveness of ts Iniemal Jdit bn#i(x).

SCHOOL OF CIVIC EDUCATION TRUSTEES, REPORT IINCLLItING DIRECTORE REPORD IcoKllNUED FOR THE YEAR ENDED 31 DECEMBER 2023 Stat•ment of Trustqes, rgspon5ikti95 trustees, aTe also the drecl(K5 of S[kn<￿ Df CThfG E￿l￿￿K)n forthE PTWEK>5e ofixAnpany L4w. are res￿n￿ble for prep¥nng ikt Trustees. Report &)d tre fin￿081 stsiewts In ac(J)Id￿￿ ￿th aprlicth l¥kW 8fKY United Ki￿￿0M Atrounbng Std¥rds Iunitwj GFriyA¢mtwJ PtLpI. Company Law requres the trust￿ to prepare financwl itatements ￿a[￿JaI yearthith give a true and fair VEW of ihe $tate of aY8ir5 ofttpcharity and ofthB rE50Lvces a[￿ ofr8styJrce$. Including the itK¥Jrtp d expendiwre, of Ihe chaitabk coMpanYf￿ IW year. In yepwing these fina￿￿1 ststerrn¢s. the t￿￿tse$ are reqll￿ to -sd8CI ¥UitaNe actOLmtirKJ athjlhen appty th8m c£¥wnw. - c•)5erve the melhcé53nd prnr)rles ID ￿ thariiEs SORP" . Make1￿1￿￿ents and eStirr￿teSt1Ht are reas)rth aKI prul - Stslt 8wllcab￿ UK b8w foltywed. suwa lo any nBiwal d8Partur8s dis¢h)sed and explained In the tin￿C￿ statements.. and . wepare the financHI ststements Ihe ujncwn il is naptwiate to presufft8 Ihatlhe charity wll continue in operation. TIE trustees are lor keekxry adewate recyxds that￿￿ wrfh rea$￿able awjwy al any time the finan(ial POSiliDn of the charty enth them to ensuTe Ihal the staements u)mpty ith Comp¥ies ACt2(K￿. T￿Y we also reswnsible for 5afeJuing assets ofthe chtyand fortakirKJ reasonable Steps for Ihe prevent￿ thaDty ard fDawalinformaivJnIrtl￿J￿ ffi th8 charity's ￿eb￿te. Legition ￿ the United K￿g￿M govemiw the [rePara￿ and dtsserrinal on of Stslemenls may thffer fr(Yn le951ati(kn in other Wns(k(kn￿. Audltor (¥avrta Audrt11 Limited re appjntsd as 8￿J￿rtO thefmpany wJ 8 ￿$d￿jon ImX)￿ thallw bt re-8PPOW)ted wll b8 pul Sl a MeetMg. Dls¢lo$ur•of InfrJM￿￿ to audStor Each Dflhelruslees ha5 confi￿ne￿ Ihat irrfotlnat￿ theYa￿ is relevant lo Ihe audit. txrt of which the audilN E unaware They have o)nfirmed Ihat trey ha￿eleken 8ppr(yiaie steps 10 ￿enIty gJ¢h rdev¥nl formation and to estaAish Ihatthe ￿dItr* is aW￿e of such inf0rrThat￿. The TNstees' repm was apy¢ved by &)ard ￿ To￿te¥s HHMLevy Martia Ltrvy, Trus￿1 July 2024

SCHOOL OF CIVIC EDUCATION INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SCHOOL OF CMC EDUCATION Owni¢)n We have aL¥Jited thefi￿anc￿l stateTnerrtS t5[ SGIKXA of Cvic EdU￿1￿)n IthE thatity'l yEareTH￿l 31 DEcenber2ff23 which ￿mprise the s18temenl of fn¥ncial 8dMiEs. strEet. Ihe sts14n￿l of cash and noles tolhe financi81 8lemeniS, Indudng sgnthtsni 8(Kounbng The finaru repDfiw knai has aPPlYad in Ih8ir prepardlK)n Is ap￿iCab￿ law and United KIWn Al￿￿￿tir0 Sta￿ds. Financia Reporbng <tandard 102 The Finan￿al Rewrting STrdndardapknin the UKafidRewth ofkelanLIIUnted WirvJk¥n GenetalyAuEplpd A￿Dunhn9 Praclicel. In the sfatornenls" give é true and fairwew Dfthe state of GhaTftaile rjxnpanls affai￿ a5 at 31 Dpcefflber 20L and uf its incornng ro$our￿$ 18styJr¢o i1(Jd1￿ is exrTrJlur. fcrfiho ytrai ihon ended." ha￿ pwwly pre￿￿ in acctydartsilh Unded G8w81ty Awiod Pra¢tks.' have been tryed in &¢tydan￿￿ith thÈ te4uÈmentsofthÈ Compans Ac 2￿. 8asls for Dplnlon Wa ¢onth¢bd 8udli li accor￿¢4 with lThtsrry•wl A￿Stir¥ IUKI IISAs IUKllart apphcl8 law. Our re5PDngblities Lrder Ih05e stsndard5 are knrther deS￿be￿ in tr￿A¢￿sre4￿S￿rt￿s forlheauthloffthe )￿DaNC￿l sielements secbon of¢w repm. We a￿ I￿&pe￿￿ent ofthe Charrty li a￿(￿dar￿ ith the ethical reQ￿re￿nts Ihal are releyanl lo wr a￿11 ofthe fnanaal slateTrn3 In kne UK. the FRC'S Ethical St￿dard. and we have fufilled other eltmca reSFx)nS￿th"tles in acLYrdarLe with I￿￿se requirernent5. We beI￿ve Ihatthe ￿ence %Ye haveobtained is sJffi¢nl appwe to prO¥￿e a b8sÉ ftr cwropin)n. on¢luslons rlaiing trj gtyng ¢0￿￿1 In Budding the fiDBnrAal 5talfjtDents. WE hwe ￿M￿delI that ￿ T￿￿ u of thp wtvj ¢orKern basi¥ofaGi¥Junling in tha preparalh)n ol the fina￿181 ststwnents is 8ppropiate. Based the VKikV￿ have perf<Nttd, vle Mje￿Ilr￿l materia u[KErta￿ties rElatirwJ to ￿￿￿ts ￿ conditi(￿5 that. Idividualy Dr cdlethydy, rnay casi Swif￿Ari doubl on the ahlity to contwiue asa concern fora per￿d ofai 8$itridv&rnonths ficm svhen tho firrdn¢481 st8ittwts •re auth￿1$$d for isJ&. Jr re5pongbilities and the respo￿bIl￿501the Itustees vrith ¥esFEd lo wr¥J tx)rvn we de¥xib￿l in the relevant Sect￿￿$ ol thts repcrt Other infom)atiot) Trt other irformat￿ll ([m￿lse$ inr0rrnal￿ ffithe rerx)rtolher than Ihe finwckql slatements 8nd our audilofs rep(xt Iherwn. The trJslee$ ale res￿￿S￿e forlhe other inf(Kmalw ￿tsffted ￿tI￿n tIE annual ieport. opiniDn the fina￿al stalernents the5 mtix)ver the th irth)rmation atKI. ex( to the extenlothenwr&e expli(X￿Y stated in our Yeport. we do not ex￿$$ any form d assurwtt ccrt4usKy) t￿e¢￿. Our respwblity is 10 re•J ihe Oiher information )d. in oing so. unsider whettw Ihe othei wifonnafon Is In¢cy)$thnt￿fih thè fin¢kal st8temant$ c our obtained in the cwrse L the Qr otherwse apr£W$￿ te Th￿t￿laIY misstaw. W Vje ￿entify such Merial ki¢onsislen•es (Kapp¥wt matena m¥tal￿nts. we ￿ rvquY&l to deterrr¥ne whetrErth￿ gives rise to a materi missiatsment in the finarKia staternents th￿nS￿VeS. W. based on the vthw8 have perfotmed. we Ixndude that there 15 a material misstatement ofthis othei I￿rm￿, retywted 10 Iwrt that lx Wa have ncltr¥rKJ to reFOrt n IhLS rwd. nlons tyi othermott•￿ w•scr4)ed by Ih• CoryAnls A¢t2006 In ijur O¥Mnk￿, based the V￿rk undertaken in the 0￿[Se ofour ￿dit.. Ihe iF)forrnon gven In kne Trustees. rewxt r(w the fnarNJal ￿ar the ￿aThial stai￿ner￿ are prepared. wh￿h Indudes dirèciors. ￿ k¥Èp¥ed for1￿ putynses Lqw. is ￿th ihrj fiThgno81 stsiemtrnts,. atyj Ihe dreclurs. reFK)rt within trETwustees' rEPL¥t ha5 prep￿ed in a￿da[￿e with W￿lCalle ￿gaI requiwents.

SCHOOL OF CIVIC EDUCATION INDEPENDENT AUDITOR'S REPORT{cop¥nNUEDI TO THE MEMBERS OF SCHOOL OF CMC EDUCATION Matters on whlch w& ar• requThl lo rgwt by •xcW In the IwJht of the knoEdge and U[￿e[￿dI￿ of the th￿lty￿d the cou(se of a￿lit. we have nrA hyeniffied maieriJ Misslaem￿1s il Ihe dire¢lcrfs' rep￿ %rfhn tre Trustees. report. We have to rewrt n respect of the Icltrwng maiws in rek3ithyiiowhKh Ihe CcthFoTh8s Aci 2(K)6 r6Y4L¥res w lo report to you rf. in ourorinM". ad8quats 8CCOLmbW recorts ha¥0 rotbe8n kepL LY re￿¥T$￿jeqL￿3le aLkYil mt b08n r8CeiV8d from branthes nolvised by u5, the f￿ancA￿l stalem￿t$ are nDI in a9reemeni yec¢rt5a￿ ieiums." ¢r cer.ain d￿c￿s￿rES (trusteÈs' rernuneratiM SPec￿ed by L3w¥e not naje.. we h¥ve not re¢ered ail Iheinfcfftgw aThY ex[1￿1￿ we requyeforow audit.. ihe Intstees were r￿1 eniffj￿ ￿ kyewethe f￿an(la1 in xc0fd8r￿wIh the small Cowan￿8 re9me and tske a(Ivanlag8 of the small C￿np￿Tres, exenWKms il thgTru5t8es' rerAy¢8Thy fromthe reqLir•Thnl lo pr¢￿e a slTrlegK rcwrt. Responglblllleg of truses As ex Jained m(Ye lulty hn.he staterrent of Trustees" res￿1n￿birtIes. tNstees. %th) are aso ￿e&r￿￿OrsOf he charitybr Ihe purpose of Co￿pary ￿w. rEsW￿s￿frfNthe wep3rakn of Yie fnarKxa staternpnt5 arml for being satisfied that they oive a ttue fair v￿w. and f￿￿jth intema contrd as the t￿￿￿e5 de1￿￿￿￿E Is nE￿5￿ryt0 enab￿ the preparation of finarrial staternents thal arp free frotn matetid rTh5State￿Wrt. whethwdue lo ftath ore￿0[. In preparirvj the fnanoal 818ments, tr tnjsiees ale rs￿81b1? fc assesny charity'sa>lityto ccbnue as 8 ts>nC8m, dis¢b4rw, as ap￿1¢ab￿. rrotters rd31ed corwn and using the ￿cern basEofawounlYig urless Iwsteeserther inlend to I￿Uldate1he charilable cofflpany (wto cease operations. or have ￿ rea￿st￿ all￿nat￿e butto do so AudI￿r.$ r¢sponslbllttlo5 forthe audbtollhg finan¢W Siatom r¢l'ècb"¥ are ￿ obtain rea$wa￿e assur￿¢? wFth&rtho st8metrts asa wh¢4&ara fr from matsrial missialenEnl. whether￿￿ iofraud ¢Kwr¢￿. and lo ai re￿ thai owrmon Reasorob assuran is a high level ol asswan￿ but ￿ rK>t a gU￿tee lhat￿ a￿lIt ￿￿duded n a£cordanTr ISAS IUKI will ah¥ay5 Ltecl matenal misstatetnent when rt exis. MIs5tstements can av fToxn fra￿ orerror are cwdered rnatenal If. Individually or In the aggre9ale. Ihey couW reasonaL4y b2 ex￿1& the euxK>ThMC derAs10￿0f use[5 taken on basL% of these financial siaiemenis. 8xtèni tyjr prtt&ur6s afv capaLIB oldeie¢ufvJ iWLlaritsS. I￿dI￿￿j fraud. 1$ deialed t We 8n$L8d thaitr en9Jenffltsam rA8cbvety h1 appwote ¢cthpetencÈ. (•bIl￿ skills 10 Identty ( 18wgnise rw¢tynplkqr¢a wilh 801c¥b￿ Lq%•s r8tytsiKAl$. ThF * and wu&bons ap￿1¢able lo th8 Company were hlenlffied Ihrough discussk?nswithdirector5 ot1wnunagerr￿ from wrTrU)mtAk4￿e ttyw1K￿Ithe audiL We assessed the SUSGepb"biity of the (x)tr¥)3Trs finatKial staterr￿ to materd ￿sSIate￿￿￿￿ ffl(knirvJ (thiniry an undtrtst8ndno of fraud rthghiCt(xJr. b tDan4wtDenl as lo t￿ cfy)sKler*d itwe was SJS¢8PtILylrtylo fra￿J. tr￿1r KnOw￿d00 of aclual. sUs￿led aThl all￿ed traud". VnSK19rin9 th9 Yrt9rnal In to ￿19$19 tyffra￿ and and rogul#tson$". and • understanding the eflhe cgxnpany's remunerat￿ wlcies.

SCHOOL OF CIVIC EDUCATION INDEPENDENT AUDITOR'S REPORT{cop¥nNUEDI TO THE MEMBERS OF SCHOOL OF CMC EDUCATION To address offraud Ihrouah ovwKleolcx)ntrrAs we.. perfotrnwj anal5lul to thnbfy any unw81 (K uneAFwled rebti(NthirE.' le5t8Jjournal entres to i￿tify unusual trans￿11￿5.. 85sessed WhetherWdge￿is arKI a$SL¥n￿￿S w¢de In dwmiThng the arA￿n￿r￿ set oui Yi note 2 were i(￿￿31￿ of wtènik81 bia$". and Ivesiwjaied the r￿￿)nale tehmd swjnfficant ￿ UfWJSL44 tyanSactA￿S In reswnstio Ihe risk of wré9uL8rli8s aTrJ nrxpccThpli8rte ith kn 8ThJ regU￿t￿)￿￿. de$w￿d whi iicluded. M were noi imiw to.. ¥grewry finarwl si￿emeMt di¥Wresto supFwhng douwwtioti.. reading Ihe mnutes of methgs of those dwrged with govetnarKe'. enquinng of management as lo adualand tx>tenbd lthgabanand daim5." a rewing torresp(x)dw¢È wrfh HMRC. relevant TewL71trs ir￿U￿n9 Charity ctmmiwtr) the ¢ory8nYs Wl 8dwsors. re are inherwt Iirnitabons In cAJr prcttdUre5de￿tr￿ atrA)ve. ￿ IT￿e reffoved Ihat bws and reguigbons are from finÈrrial tra￿acti￿s. Ihe less likdy il ￿ that￿ W￿￿d a¥￿ of notH￿nplan￿. Audthtvj standards also li￿￿1 the audit proGethJres requi￿￿ ID Klenlfy LTW5 aTrd rewL3lKJn5 loenwiryol diretht5 and otWr Man8￿Ment and tre inspe¢bon of reg￿atOry legal Corres￿enCe. ifwy. PA8terk4 mtstststewtnts that ¥rBe due to fr•Jd can bt h8rdar lo dt8th Ihw INqlaw from as Ihey rnay invokw8 deSb8r c(MKealmni or Collwon. A firtherdeacrpknon ofow rewnsithlthes is avalable the FinKia ReFKthg C(xJntil's webie httP5."IIYdW￿trG.￿Kg.Uk1aLWJ￿(x5reSp0￿5Ib1itIe& Tri5 rte5￿pkn forwB pal auditorf5 ￿P(￿l. Utse of re TIN5 reptrt 15 tnadp sdety to thp GhaitalAe uynpany's tt¥JTrbers. 35 a ￿y. In acLX>rd￿￿ ith Cha#er 3 of Part 16 of ihÈ Compani8sAci 2006. Our Jdilviotk has bn undwtaken so m¥Jhl stsl? to Ihtr Chairtab￿ r¥Jftwny's mèmbe 05e matLers we are quired to stsie to thefft in an audilrt rewtand for ntlolher purpose. To the fullest exl￿1 permitted by ￿w, we do rK>t accept or assune respyBJ4ty thwthan Ihe d￿rIta￿e c4xTrpany and chartsLle coryany 5 tnernbers as a ￿dy. aL￿11 Y)tk. ￿1hts rewrt o[f[￿ the (ynKJns have forrT PaulWoos•y FCA FCCA ISonltySt8tiiiory Audltorl for8nd on b•haW¢yf Gravits A￿Jit l knmitsd 12 A￿USt 2024 Chartered Accountarts ￿￿1101 gate T9ver 2 Lem￿ Street EI 8FA

SCHOOL OF CIVIC EDUCATION STATEMENT OF FIPW4CIAL ACTivmES INCLUOING INCOME AND EXPENDITURE ACCO(WT FOR THE YEAR ENDED 31 DECEMBER 20rJ TfAal Unreslrfcted fund$ 2Q22 Restrfcted fvjnds 2022 Total 2023 2023 Income froffl= Donat￿￿ and ￿ga¢￿S 3.087 1.W.017 l.l￿7.104 1.179,909 1.180.TJ8 Expenthtsjrfy on: Rtising furKIs Ch￿rtab￿ tivth¥ @XP8Ddilur 3.081 1.031.￿j 1.040.596 1.138,818 41,091 1.139.647 41.(YJ1 Total expe￿ilUre 3.087 1.W.017 1.067.104 1.179,909 1,180.n6 Not IncDrnP arwj movemgnt i funds R8con¢iliath"on of fvnd8'. Fund balarKes at 1 January 2023 Fund balances at 31 DeGemb 2023 talornent L fina￿al ?cfvitE5 in¢￿des all gair¢43ThY b5se5 Wi5ed in the year thl ir¢rffie •d emperdture derive contirury aclwils. 10-

SCHOOL OF CIVIC EDUCATION BALANCE SHE AS AT 31 DECEMBUI 2023 2023 2022 Cuvrent assets Debtors Cash al bar14 and li 10 166.027 12.609 116.619 58.051 178.636 174.670 Creditor4: amowbtshlling the wilhin on• ygar 11 178,f>36 174.670 Nel cutrent assets The funds of the chanty Ihtr finan¢l ststennts apwovtd by ts Irusi*s M 30 2024 HHMLevy Trustee Coryany regislr8tiTrll ThJrtthr(19958251 IEnyL4xl atml

SCHOOL OF CIVIC EDUCATION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Cash floy￿frOM operntiny act￿ltIeS Cash iabsrthd byll*neraied owalK￿$ 14 145.4421 52. lfflpaiTrnenl losses Net cash u¥e(l in Investing actt¥rtfjos (701 ffo) Net cash used In financlThg aCIl￿e5 Nat IdÈtrea$èifirtreas• ¢ash arbd cash equlvalÈnts 145.4421 52.894 cash cash equivalents at beginThrvJ of y 58.051 5.157 cash and Cash equiv¥entS Ot end ofyw 12.609 s8.(￿1 12-

SCHOOL OF CIVIC EDUCATION NOTE5 TO THE FINANCIAL STATEME1￿5 FOR THE YEAR ENDED 31 DECEMBER 2023 Ac¢ount¥y polkios Charfty lrformatioii ool ofCM¢ Edl￿tI)n tsa prNats onyany Iiftmiwj byw8rani lrwptr￿ in arJ Wa￿s. The registered off￿e IS 2 Leman St-eet. Lo￿. E1W 9US. United Kirylom. 1.1 A¢¢ountkng ¢orNgnt The finanty¥l Stsle￿enis ha'ie been pryed in a¢cr￿arKe Ihe th8riVs Mern¢raThJurn * Aricles of Incorp(Y8lion, the CryDp8nies Act 2(K, FF¢S 1O2-TTr￿ FI[￿(￿ RBP)ftry siarf8rJ •￿i￿ab￿ In Republic ot I￿land. I'FRS 102-1 and the CharitEs SORP"ACc￿￿ty Repjrtrq by Charitses". Slateffenl of Rewmmended Pr￿￿e applicab￿ tD cnaritses preparing thew aCc￿nts in %wth the FI￿claI Rwrtng sta[￿ard apFAicable In IheVK and RepLOIK ￿ I￿aTrd IFRS 1021" leff&lNe l JanLHry 20191. Th8 ￿￿trI 15 a PLknlir 8enefil Entity as defir￿ by FRS 102. The fin3naal stale￿￿￿ts are wep3red ￿ $￿ir￿3. whKh is thp fLwthntil currencyofthe dwrity. Monetary8mounls Ihesefinanc￿I slaletnen15 ￿ T[Ju￿ed lo n8aresl £. The finaro81 statenEnts h¥Je pryel the o)Stcw￿tiQTr. M¢￿irEd to IfKIL￿e the￿￿?11 offreehold pro￿rkneS ar￿ to mC￿￿e nvesltnent ￿1n finanod It￿nI￿er￿ atfrdirvalue The princ4pal accnunlrg polKEs adopted are set outbekyw. 1.2 Going roncem Al the tirne of aPpro￿r¥j the finatK3al sthrne￿. the Itustee5 have a reasINllab￿ expe(Xaliun that the charityhas ad8qualtr rescwrtes 10 ¢onbnuB in ow81Ksn81 exi%tence for tha forpsoeajb fulwè. Thus the knj$t￿ Cont.n￿ 10 ajopt Ihe going Conc8￿ ba￿5 DI accounting n preparin9 Ihe f￿at￿￿1 stalernents. 1.3 Charitable fund5 UnresvKtsd fwds areavwile use disuetw of the bwstses in furtherarte of they thaiiiaNe objectsves. Rest[￿ed fwds we Su￿.2clI0 specthccotKtK￿s by ¢knrMirs orwlixs as to h(y thpy rnay b2 used. The putPDses and u5e5 ofthe Tr3trited futNJs are setixrt in the r￿t0 Ih8 thanual s'at￿[￿. EThJty¥nntfvnds are ¢0 speaffico)￿ithY￿￿ by dr￿$that￿ c4pt81 rnust be maintaned by Ch￿tY 1.4 Incom• Income is re￿niSed %vhen the is legalty entided to it all￿ any pthffl3n￿ t￿nd￿M5 have been mel. the nounts ￿ be Treasurpd rehabty. rt15 thalinrAxNe il bef￿Ned. Ca5hdTrnati￿5 are r&xwised on r￿￿pt. Otherthakn5 ￿ re(¥wi52d i)￿e rjwty b8en notified ofthe donatron. unless wure ￿ferr¥ d the awJnt. In(xx( tsx recove0￿ in rel8tic¥I 10 donalths receThed ￿￿er &ft kn or ol co¥enant 81 itr.e irf ollhfr (kn81￿. LegaoÈs are rects)rNsed olherwtse rf thÈ thatity has been tK)tified of an impending di51ributi(Ni, the Dr¥Jni 1$ known. 0 retsipl is expB¢ted. Illhe knthw. lh& Wy is trFated as a 8$sel. Tumover is rneasu￿ at Ihe fair ¥aluÈ ofthe rmts¥jÈrati￿ reteryed ( receNaYe ar￿ rtrpre8ents am(xJnis retswtble for g(DJ5 and swvbces wovid8d in Ihe rKTh31 CQLY5eol tiel Ofd￿￿x}L￿t￿. VAT other sales r813180 tsxes. 13-

SCHOOL OF CIVIC EDUCATION NOTE5 TO THE FINANCIAL sTATEmEP￿s ICOPlllNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accourrtwy polklBs Icontinupdl 1.s expendlture Expondilure 1$ rwnisod ￿¢? Ihtrr¥ 158 ty¢th$it￿lve Iransfereconomic b6n8frt loa third party, Il Is wthable t￿t a trdnsfer ol ecorKThK be￿fftS be req￿red in seknu amouNof the obluaban can be meawred r4K9bly. Expendilure Is by acbty. Thè (J)sts oieath acbvty We m•Je upoftr toial ofdirettcusts and shared co818. Indudino sw)port¢osts Invoiveo iry un(tskY¥ e&yi thry. costs attitwtAe ￿ 8 801ivW 8ie 8IIOC8ted direcly 1¢ I￿1 aclmty. Shar¢ costs ¢￿In>jIe lo than xbyrfy and ?uprtht ¢osl% are n attributab￿ to a &ryle acti%ryty ¥e aptKxlioned betrween I￿se a￿l￿tieS on a ba￿S u￿siStenI ￿1th u5eol iesource5. Central Stsff costs are alk)¢ated Dn ttE ba$ of S[￿lL 8t￿ dtwetiffi are alktsted M the portion ofthè a¥3el's use. Liabilkies are re0)gnIs￿ asex￿th￿ as s(KJn as Ihere ￿ a lega orconstnLti¥e oblvJation (x)mnThtting the charty that exp8nditure. Il E wvbablp that a transteror￿L￿V￿IK benefis tsp requi￿ in Sett￿Ment the a￿U￿1 ofth blwJacr ean ￿ me8SLYed reliably. Ex￿di￿re s axwnted for ￿ an wuals basts has tEen ciqs%ified under lhatagjr￿atP all cost rebted to Ihe cal¢wy Wlwe ¢¢￿ts canml be (Srfycty atthbuied to parbujlar headngs Iheyhave been ￿l￿Zted to ￿￿th5o￿a b￿S c0Tr&5tsfi1 V4ith the use ofT￿￿)urr 1.6 Cash and cash 94ufvalpnts Cash aDY ¢ash awivalents cath in har￿. detwts aicall bar&s. Olher short-term lirwKI investments wth angnal maturrties ofttryee [r￿thsor kn. barl(overdrafts. Bar overdrafts are t￿IngS In current liabilthB5. 1.7 Fin4n¢ial in$truments The tharity has dected to aprAy ts pr￿15￿5 of Section 11 Bayc F￿3￿￿1 Inst￿￿ents. and Section 12'Other Financial Instrurllents Issues. (Sf FRS 102 to al of ittsttuffients. Financ￿1 instrur(nts¥e in the th8niyts th8ri1> beety)s party 10 the¢ciir8clu ovÉh)nsofthe Alstrunwl Financial a55È1sand habilit￿￿e tlsei. wlh Ihe ￿t arTKMJnts [￿eSented stalplT￿nts. when there is a legally gnfoiceable nght to sel off the tp¢ugnÉed toJnts até there 1$ * intsntiLr ￿ setUF ona nel bask% 01 ￿ realts8 ihe asset and sett￿ Ihe Iiabity $wnu￿ea￿Iy. 8ask ffAan¢lal assets BaS￿financial assets. i￿￿￿e debt(xs (sh ba￿nths. *e inthally [r￿Sured at ￿SatI￿n pri( induding transadi￿ costs and are StheWerrt￿r￿tried al aThKrt5ed t4)51 trE effectwe nleTest rne1h(￿ unless ihe atrawernenli￿Strtu￿￿a fwbaDciDg I1w5aGli(￿. transa0￿ is ry￿aSUr￿l ai tlE wpsent value ufthe rulure reTripts 81 a vD8Tkel 1818 Df iniwesi. Fin8rKial a>sd¥ ￿L￿lfiEd as wthin y9ar are not arnorbsed. 14-

SCHOOL OF CIVIC EDUCATION NOTE5 TO THE FINANCIAL sTATEmEP￿s ICOPlllNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accourrtwy polklBs Icontinupdl Financial ¥$ss. tthe, than Ihosa Wai farvahJe [h￿￿h and axpandiiwtr. are 8s$8s$ad for inclcaiors of ImpaThenl at rewrring date. Fina￿1￿ assets are irry3r￿ there there is obiectNe evidewe that. as a result of one orThore events that0¢￿rr￿1 afterttE inthal wecogThtion ofVE a55et. the estimaW fvture (z5h fl¢)ws have be8n afferied. If an 8sset Is IMWAW. the is me wouni and present vai ottne 8s1vral8d cash Ibws dis¢ounied altrassel"s (wigi￿ effectre iileresi Tate. The h)ss is r8cogr¥s8d in net inwrnellexpen(bturel lor the year_ IllhErp is a decrease in ltr￿ It￿11￿￿1 kJ55 (wjrring after IhF iTnparm8nl ¥vas tBcognLsEd. Ihe Imp&Thent 15 revetsed. Therevers81 ssuch that Ihe CthTern C￿rg arroL￿1 ￿e5 wl exceed whalthe carying amount WOU￿ h8va l)8en, had lh8 inyirnwi Th)tpreMWtthn Twis￿. The reversal is recognwd In netIr￿)mellexpenditUrelf0r the year. Derecognilyon dfinanciala5sets Financial asselsare de'ewJnised Ihe ￿1raclu81 ￿1$ lo the oash flows Ihe assel expr or are setiled. ur Wh￿ the ih&lllty tr£Yhslera fiiitjtxidl dl reWdrd￿ uf owiierstiip Iv another entty. s(xne sBJnrfwl and rewdrds of 0￿￿) are retainwl contiol oftre gsset has transf8tred lo anith8r partylhal to sel th8 assel in it5 9￿ti￿ty to an urrdated lh1￿ party. Bas1¢ ffnanclal Ilawlllles BaS￿￿n0￿claI liabilities. iyclLMliry credilcrfs bank ￿an$ orc ir¥t4ily recog￿sed Bt tr￿5￿ctIon piec unlcss ihc arrangamenl ¢￿$blUie8a IMstTh. wthetp Ihe dEbl InsJutnwl ts mBasuTEd ai IhE preswl v¥ue ol Ih ture paymentsdiscount&l ata markel rate of interest. Fina￿ IKAlrties Clas￿fied as payable wrthn or year are not arnotbsed. Dp.hl InslnimH)IAarp. ￿1h￿lI￿r￿ rsjrr￿ Al rAst. IKwno Ihp. Pir￿Al¥P. inter￿1 rAtP. Trade credit(YS 3re otAigai￿ns lo pay f[g¢￿S Orsery￿ trAI have been acqured the ordinary course of operthons supplers. Afflounts are cL3ssffied as CWTent I￿vItieS rf pa)Trent is due within one year or le55. If not. they artr preSen￿d a$ nOTh4￿[rTht h"ablitS. Tiaè trècilots are rtoynid inftialty ai ￿1¢ and substquenity measured ai am￿J¢ cosi elfeciive F)ier8s1 metF¥)d. Dere¢ounrfion of finnualh&bslify6$ FinanEial lthilthes are derewmsed vknen the CP￿rity'S cor&lual ￿￿JalK)nS expYeiJrare dthdrg￿ Orr￿Gel￿d. 1.8 EmpluyEe benEfit¥ The c05t of any unused IKANlay entiuemenl in the perKxI inwhth Ihe 2￿￿10Yeesser¥lcBsdre recewe Temihalbn ban8fjts are Yfm•th8ielya88n wh8n th8 (8nty ￿ d8nKffistrty ¢thTrMltt￿ 10 terrninate rlan empknyee to provi￿ ￿lia110n berfits. 15-

SCHOOL OF CIVIC EDUCATION NOTE5 TO THE FINANCIAL sTATEmEP￿s ICOPlllNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Crttlcal accourrflng •stirns and judwerts In Ihe aptyicabon oflhe dwrity's acc(xntw wlKies. the tr￿tee5 are required to trthj1dg￿ts. estimate5 assumptth)ns a￿ut the carrying ar￿rtofa5Sets &ablths that are not realy aPp￿ent from Other￿r￿s. Th2 8slThate$ arKI assock41ed asswtylK)ns¥e based on histoti£a eKperierLE and other factors that are ConS￿ered to b8 rdevgni. Aciual regJtts MaYdrf￿ fromtheesb"rth•ts> The ￿tiMate5 Unde￿ry aSS￿￿pt0nS are rev￿•￿ on an otVMtwJ ￿s. Revisions to accounting esknmates are remgni5ed in the Per￿￿ in wFwch the e5￿Mate i5 [P￿Sed th2 rev￿￿ affect5 Dnly Ihat P￿(￿1. Di in the PEriod t the reVis￿n arKI fulure pet￿￿5 where the affe(ts tx)th cutrenlarwj firture peri(xls. Managernenl do ￿t￿M￿s￿lertheIe to be any rnate1k￿ wdgefflents ￿ eSIn￿bon and uncetsvty requirry di£closure. com• from dohion8 arwj legxitis Tolal Unrestricted Re8tricled funds fund5 To￿1 2023 2023 2022 2022 Grants 3.087 1.W.017 1.067.104 829 I.179,￿9 1.180.73B EXP￿￿1¢￿rg on ral¥ing fvnds R•&tri¢t•d fund5 2023 Rtrtrtsict nd5 Fundralsing and publlerty Seekin9 donations. Tr)ts k98 26.508 16-

SCHOOL OF CIVIC EDUCATION NOTE5 TO THE FINANCIAL sTATEmEP￿s ICOPlllNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Exp•Trdlture on charilabl•aBtivlllgs Charfiabl 8¢ilvltit$ 2023 Charltablt a¢tlvlles Dlr¢i¢osts Ac¢ommodatw& meaL cOnfere￿e Faalibes conferen￿ Faulibes 288.041 326 9.856 193.130 71.282 209.232 69.085 10245 11621 23.684 36.135 484,949 16.314 239.fA)8 36.P 136.&58 42.691 7.ffa2 49.( 26.073 33.414 Expert FeE & Trav InierFrder & tran￿31￿￿ fee Prog¢1 c<K6vi￿Nts Web Project Pnnling Matenal Putdishing Pr(4ecl asSiskn1 PhW & Y23,637 1.072.941 Shar• of support and go¥eman¢• tosts Sur4Xrt GovwnarK 91.327 25.632 46.27fj 20.430 1.940.596 1,139.647 Anatysis by ltsnd Unrestrthd fwds Restrthd 3.087 1.W7.509 1.138.818 I.D40.5 1.139.617 SuppNt ¢ost$ al￿￿al8￿ to •*vStl•s 2023 2022 Depr￿ation OffKe. and FwwtKX C0515 Tdephone Travd Bank charge5 Reni Sundtie5 70 65.815 6270 2.742 8.688 6252 25.832 12.591 10.516 14.493 20.430 116,959 66.706 Anatysed between.. Chantsbk actsvioes 116.959 66.706 17-

SCHOOL OF CIVIC EDUCATION NOTE5 TO THE FINANCIAL sTATEmEP￿s ICOPlllNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Support GOSt5 allocat￿ to athllles Icontinupdl 2023 2V22 Governan¢s ¢osts ¢omprls: Auditors rernl¥Erat￿￿ 25.632 20,￿0 25,632 20.430 Trustres None of the tfUSte8s I￿ any rw$￿$ cowl8d ilh Ihem> recewed rwThJnw81ion or t6nefrts the charity during lh8 y88F. The average rnonlNy wmber ofeTryk>ffes duriry Ihe year Yas.. 2023 N￿ntsr Numbgv T￿al Taxatlon The tharity is exetryA from kxation on its aGb¥ibe5 beLzuse dl its ￿(x￿￿e ap￿l￿fur charitable pwwses. 1D DebtrKs 2023 2022 Amounts falllng duo Wbthln yw. Oiherdebtors FIp8ymamts and a¢¢rtd ir￿( 128.313 37.714 107.019 166,027 118.619 otherdebtus grants rewv of£128.31312022'. £107.0191. 11 CreditOf5'. amounts tallIngth￿Within one year 2023 2022 Acuuals and Ir￿ 178.636 174,670 12 R•tiroment bon•fit s¢h•m•¥ Tre ¢hanty op8ral85 ¥ d8[￿d r*nsiw tsc￿ fv 811 qualthfftJ 8nWoyees. The 8$98b¢fth& held 5eparalety frorn of the an l￿d8￿nde￿fy adm￿lS1￿[Ed fwd. 18-

SCHOOL OF CIVIC EDUCATION NOTE5 TO THE FINANCIAL sTATEmEP￿s ICOPlllNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 13 R•lat4d party transactians There were m di%ck)5atAe rekled party tra15￿1￿￿ durn9 the P022. ￿]ne1. 14 Cash genevated from opqratiLW 2023 2022 Deficit forthe year Ad￿strnents for.. Depreoabon ￿ iryairwt of law*Ae fiwl 85sds 70 Movem2nls in vwjtlung ￿P1￿.. Ilncwsel in detkors IT￿rease in creditors 149.4081 3,966 11.0411 S3.￿85 Cash lab50rt>ed bYyge￿rJted frorn opevation5 145.4421 52. 15 Analy4$ of changfys In not fund5 The chanly had Th) mawial debt the year. 19-

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