Charity registration number: 1174009 ORGANISATION DESIGN INSTITUTE TRUSTEE'S REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 The Accounting Crew Office Suite 3 Shrieves Walk Strdtford-Upon-Avon OJ37 6GJ
Oryanisation Design Iiistitute Contents Page Trustee's Report Independent Examiner's Report Statement of Finanaal Activities Statement of Financial Position Notes to the Financial Statements
Organisation Design Institute Trustee's Report For The Year Ended 31 December 2024 The trustee presents his report and the financial statements for the year ended 31 December 2024. Objectives and Activities Alms and Objectives The charity's objectives are to advan learning and education in Organisation Deslgn through research, curated information and events for members. Trustees follow guidan issued by the Charity Commlssion in declding what activities the charity should undertake Structure, Governance and Management Additional Note The Organisation Design Institute is a registered Charity, No.1174009, being a Charitable Incorporated Organisation, registered on 28 July 2017. The Board of Trustees who served during the year and up to the date of signature of the financial statements are listed above. The Charlty does not have any paid staff. Individuals a contrdcted to provide professional and curatorial services at a fixed rate and agreed number of hours for the year. The Board of Trustees is govemed and works in accordance with its Codex, whith is reviewed and updated periodically. Trustees meet 4 times a year to set direction and review progress towards objertives. The Board of Trustees are volunteers and do not receive an income from ODI. Expenses are paid, subject to policy and ODI financial performance, for attending board meetings and supporting events. Reference and Administrative Details Charity Number 1174009 Independent Examiner Calhan Jones The Accounting Crew Office Suite 3 Shrieves Walk Stratford-Upon-Avon CV37 6GJ Page I
Organisation Design Institute Trustee's Report (continued) For The Year Ended 31 December 2024 The trustee's report was approved by the board of trustees and signed on its behalf by: ALA s(c(L, Date Is 10 102£ dge2
Organisation Design Institute Independent Examiner's Report to the Trustees of Organisation Design Institute For The Year Ended 31 December 2024 I report to the trustee on my examination of the accounts of Organisatlon Deslgn Institute (the Trust) for the year ended 31 Detrmber 2024. Responsibilities and Basis of Report As the charity twstee of the Tnjst you are responsible for the preparation of the accounts in accordance with the requirements of thé Charities Act 2011 fthe Act"). I report in respett of my examination of the Trust's accounts carried out under section 145 of the 2011 Att and in carying out my examination. I have followed the applicable Directions given by the Charity Commission under section 145(5}(b) of the Act. Independent Examiner's Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: l. accounting records were not kept in respect of the Trust as qUired by settion 130 of the Act. or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the applicable requirements conceming the form and contents of accounts set out in the Charities (Accounts and Reports) Regulatlons 2008 other than any requirement that the accounts give a 'true and fair view, whlch is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Calhan Jones 8th October 2025 Office Suite 3 Shrieves Walk Stratford-Upon-Avon CV37 6GJ Page 3
Organisation Design Institute Statement of Financial Activities For The Year Ended 31 December 2024 2024 2023 Unrestricted Unrestricted funds funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activities: Trading Income 8,590 72,293 24,637 33,227 89,880 EXPENDITURE ON: Raising funds Charitable activities: (90.153) (29',353) NET {EXPENDITURE)/XNCOME (56,926) 60,527 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD (56,926) 60,527 208,197 147.670 151,271 208,197 The notes on pages 6 to 9 fomi part of these financtal statements. Page 4
Organisation Design Instltute statement of Financial Position As At 31 December 2024 2024 2023 Unrestrirted Total funds fundg CURRENT ASSETS Debtors Cash at bank and in hand 102,301 44,827 2,632 64,815 147,128 ,447 NET CURRENT ASSETS (LIABILrrIES) 147,128 67,447 TOTAL ASSEfs LESS CURRENT LIABILMES 147,128 67,447 Creditors: Amounts Falling Due After More Than One Year 4,143 140,750 NEf ASSErs 151,271 208,197 FUNDS OF THE CHARITY Unrestricted Funds 151,271 20 ,197 151,271 208,197 TOTAL FUNDS On behalf of the board Date 251,,12o5 The notes on pages 6 to 9 fom part of these finanaal 5tstements. Page 5
Organisation Design Institute Notes to the Financial Statements For The Year Ended 31 December 2024 l. Generat Inforniation Organisation Design Institute is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1174009. The principal address is 2. Accounting Policies 2. 1. Basis of Preparation of Flnancial statennts The financial statements have been prepared in accordantr with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Prattice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019)" Financial Reporting Standard 102 Yhe Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011. The charity is a Public Benefit Entity as defined by FRS 102. 2.2. Fund Accounting Unrestrirted funds can be used in accordance with the charltable objectives at the discretion of the trustee. Designated funds comprise unrestricted funds that have been set aside by the trustee for a specific purpose. Restricted funds are to be used for specific purposes as laid down by the donor. Further explanation of the nature and purpc>se of each fund is included in the notes to t financial statements. 2.3. Incomirw Resources All incoming resour5 are induded in the statement of finanaal attivities when entitlement has passed to the charity. it is probable that the economic benefits associated with the tnsaCtIon will flow to the charity and the amount can be reliably measured. The following specific policies a applied to particular categories of income: income from donations or grants is recognised when there is ewdence of entitlem the gift, receipt is probable and its amount can be measured lIablY. legacy income is recognised when receipt is probable and entitlement is established. ntto income from donated goods is measured at the fair value of the good5 unless this is impractical to measure lIablY, in which case the value is derived from the cost to the donor or the estimated resale value. Donated faolities and services are recognised in the accounts when recelved if the value can be reliably MeaSud. No amounts a included for the contribution of general volunteers. income from contracts for the supply of servlces is recognlsed with the dellvery of the contracted service. This is classified as unrestricted funds unless there is a contrartual requirement for it to be spent on a particular purpose and retumed if unspent, in which case it may be regarded as restricted. Page 6
Organisation Design Institute Notes to the Financial Statements (continued) For The Year Ended 31 December 2024 2.4. Resources Expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial artivities to which it relates: expenditure on raising funds includes the costs of all fundraislng activities, events, non- charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of Its beneficiaries, including those support Costs and costs relating to the governan of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to ralsing funds for the charity nor part of its expenditure on charitable artivities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single attivity are allocated dirertly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable* justifiable and consistent basis. 2.5. Cash and Cash Equivalents Cash and cash equivalents are basic financial assets and indude cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amou tof cash with insignificant risk of change in value, and bank overdrafts. 2.6. Foreign Currencies Monetsry assets and liabilities in foreign currenoes are translated into sterting at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences a taken into account in arriving at the operating surplus. 3. Income from Donations and Legacies 2024 Unrestrictsd Unrestricted 20 funds funds Donatlons and glfts 8,590 72,293 4. Staff Costs Staff costs were as follows: 2024 23 Wages and salaries 19,400 2,387 No employees ceiVed employee benefits (excluding employer penslon costs) for the reportiyg period of more than £60,000. Page 7
Organisation Design Institute Notes to the Financial Statements (continued) For The Year Ended 31 December 2024 5. Average Number of Employees Average number of employees during the year was: (2023: ) 6. Debtors 2024 2023 Due within one year Trade debtors other debtors 7,383 16 ,632 Due after more than one year Other debtors 7,399 2,632 94,902 102,301 2.632 7. Creditors: Amounts Falling Due After More Than One Year 2024 Other loans (4,143) (140,750) 8. Movement in Funds Asati January 2024 Asat31 December 2024 Income Expenditure Unrestricted funds General: General unrestricted fund 208. 197 33,227 {90.153) 151,271 Total funds 208,197 33,227 (90,153) 151,271 Asati January 2023 Asat31 December 2023 Income Expenditure Unrestricted funds General: General unrestricted fund 147,670 89,880 (29,353) 208,197 Total funds 147,670 89,880 (29,353) 208,197 9. Transactions with Trustees Page 8
Organlsation Design Institute Notes to the Financial Statements (corrtinued) For The Year Ended 31 December 2024 Durlng the year the expenses reimbursed to the trustees or pald direttly to third parties were as follows; 2024 2023 Travel 3,211 10. Related Party Disclosures Page 9