REGISTERED CHARITY NUMBER: 1174481 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR PARALLEL HISTOIUES P B Syddall & Co Chart¢rcd A¢counlanlS Grafton Hous¢ 81 Chorley Old Road Bolton Lancashire BLI 3AJ
PARALLEL HISTORIES CONTENTS OF THE FINANCIAL STATEMENIS FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Tru8tees Independent Examiner's Report Statement of Fln4nclal Actlvltles Balance Sheet Notes to the Flngncl81 Statements 9 to 12 D¢tilRed StAtement of Flnanclal Activltles 13
PARALLEL HISTORIES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report wilh Ihe financial slaleinents of the charity for the year ended 31 March 2025. TI1¢ Iruslecs l)avc adopted th¢ provisions of Accounting and R¢portin¥ by Charities.. SialLment of Recoininendcd PraLlice IppIiL4iblc to Lharllies preparing Iheir aLcounts in accordanLe with the Financial Reporting Standard applicable in the UK and Republic ofireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectlves and alms To advancc Ihc cdii¢4i1ion of yoiing pcopl¢ in conlrovcrsial hi810ry topics by mcans of rescarcliing nnd crcalinb fr¢¢ edLicalionnl materials including inleraclive videos and dislribuling these to teachcrs. SlgnillcAnt actlvitles Parallcl Flislorics is a UK cducalional charity, foundcd in 2017. to improvc the Itfc chances of disudvanlagicd yoiin p¢opIc qlnd promote socilll cohcsion through innovation in humanilics Icaching. Wc Cinpower leachcrs lo tcacli coiitrovcrsiiil l)i$lory by providing training, cdiiclllional resourccs, and dcbaliiig tor yoiing peoplc. Througl) thcse tl)rcc main activities, we work with over 1114 secondary schools. The charity works with J network of teachers in secondary 8¢hools who use Parallel Hislori¢s malcrials and teachiiig mctliods in Ihcir ¢las8rooms. Publ1¢ benefit Tl)e Inain <iclivities undertaken for public benefit are the crealion and di8tribulion of educational materials, providiijg teachcr Irrfiining 4ind running inl¢r-s¢hool debating. The Irustecs lake action lo nnitOr and cnsurc Ihat the charity acts to further these objectives in all its activities and have giv¢n duc rcgard lo tl)c Charity Commission's guidanc¢ on public bcncfil. Page I
PARALLEL HISTORIES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE Introduction In oiir eigliih year of operation. we continucd to grow strongly. In leadership tern our founder Mi¢lia¢l Davies slldly died and he was succeedcd as ChAefExeculive by Bill Rammell. Tlie Israel-Hamas war conliniied lo lead to a particular demand from schools for Ihe resourccs and m¢ihod lo Icach th¢ Isra¢l-Prfil¢slin¢ ¢onfli¢t. 19,758 downloads in tolal. Wc strongly conlinuc lo work with schools lo liclp Illcin slrcngilieii social cohesion. Oiir work will) schools develops critical thinking skills, oracy skills and confidence in yoiin8 peoplc, and hclps Il)¢ir d¢velopinenl An civic and political lif¢. Jonail)01) Powell lias been siicccedcd as Palron by Ihc Righi Flonourllble Duvid Blunkclt, Fonncr Sccrclary of slalc for Edlicatioii 97-2001 rfind Jo Bcrry CBE, a British pcacc build¢r Jnd public spcakcr. Tlic work of Parallel 14is'lorics lias also b¢¢n pitbli¢ly cndors¢d by lh¢ RiBhi Honourllble Micha¢l Gov¢. S¢¢r¢tsry of State for Education 2010-2014. Growth March 2025 March 2024 March 2023 March 2022 March 2021 March 2020 Sclioo18 working with us 1594 1114 660 335 172 28 Medla eoverage and endorsements Edii¢al¢ Against Hate. a wcbsile developed by the Department of Education and the Hom¢ OITi¢e, ljas quality checked oiir resources and promotes them lo schools. The Hannah Arendt Institute and Human Rights Watch have endorsed us. W¢ wcrc partn¢rs will) th¢ 24125 GuardianlObs¢rver Charity appeal which boosted our income and 8r¢aily increascd our reach and profile. This in¢luded miiltipl¢ articles and a podcast. The guardian, the Times. BBC Northern Ireland. ITV Granada, the National, and the Jewish Tclcgraph hmve covered oiir work this year. The work of Parallel Histories was also mentioned in parliamenlary debates in thc context of library servicos and education. Launch of new resources W¢ have continiicd lo work on the devclopmcnt of fiirtlicr ¢Books on conlrovcrsial history: Croinwell, Gl)andi, Elisabclh. Coliimbiis aiid a serA¢s on th¢ conl¢$t¢d history of Empire. These will bc publi5h¢d in Il)¢ n¢xt y¢ar. Iii a significant ¢ndorscment of our approach we continue to partner with Pearson, th¢ largest education publislier in the world, to create resources for the Edexcel IGCSE History unit- Confli¢t, crisis and ¢han8e: thc Middlc East, 1919-2012. Young people debating controversigl hl$lory We dcliv¢r¢d d¢buling work8hops for 1385 students (a 1770/0 increase on thc previous year). A continuing highlight was bringing logethcr Protcstant and Catholic studcnls to debate the legacy of the Good Friday Agrucmcnt in thc Parliumcnt Buildings. Stomionl, al a debate conference hosted by Robbic Butler MLA. Imp&Lt Oiir aiiiis are to improvc the life chance8 of disadvantaged young people and promole social cohesion. To achieve these aiins, wc work towards the following impacts.. Young p¢uple equipped lo be active citizens in healthy democracies Y(>ung people enabled lo realise their ambitions iii work and further 8tudy. Schools equipped lo leuch controversial history and Chan8¢ how the hi510ry of conflict is taught. We are confident that we are achieving these impa¢t5. The outcomes for young people and teachers froni our work are ideiitified a8 81rong factors in causing these impacts by research from leading institutions such as the Education Eiidowment Foundation and the Sutton Trust. These outcomes are- Pag¢ 2
PARALLEL HisfoRIES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Improved ability of young people lo analyse evidence, forn) and presenl their opinions. to lislen and disaLyree robustly bul rLspectfully, and to undersland different perspectives on conlroversial hi810ry. Improvcd Lonfidonlc ufi¢a¢hcrs Iv l¢a¢h Lonlroversial history and use dcbaling in leaching. In a %aniple of135 young people pat1icipating in our debaling, comparin¥ before and after. Ihere was: A 20 % rise in confidcncc in abilily lo draw infcr¢nccs. (87 % ). A 13 % ris¢ in ¥onfidencc to abilily to analyse the usefulness and reliability of hislorical sour¢¢s as evidence. (860/0). A 260/0 risc in confidcnu¢ in ability to conSIcl a historical claiin. (81 Yo). A 16 /ib rise in confidence in ability to "listen lo views diffcrent lo my own and engage in healthy, r¢s¢trU1 dcbale." (90%). A 300/0 rise in 'confidencc in abilily lo articulate dilTer¢nl poinls of view in a public selling., (90 % ). Overall.. )0 % <igvrccd "my confidencc in mccting and working with peoplc from diiferenl backgrounds hns grown" 880/0 agrccd 'my kiiowledg¢ and underslanding of Ihe lopic havc grown Ihrougli Par4111¢l Hlslorics" Teacher and student quotes of endorsement T¢a¢li¢r. I Ihink tl)ai Parallcl Hislorics is taking a very fresh original appmach to this, and I do Ihink il can reRlly plRy a role in the hcaling proccss in Northcm Ireland. Every generalion, even loday, slill fccls whal happcned in Norillcrn Ireland so ils very important that you hear the story from every pcrspeclive and you'r¢ able lo make your own balanced conclusions about things.. Studcnt.. "Definilely,Ihat stuff was new and brought new perspectives of how people would think" Siudcnl. I think its likc iinportant lo look at things from cverybody's perspective arguiiicnt about why they f¢¢1 a ccrtain way or why ihey think a cellain way.. ..obviously everybody's got an Student. I found it good because I'm allowed lo say what t want to say and people are allowed to hear what i wanl to say wiihout judging me" T¢a¢her. From speaking to my students, they had a fantastic day which really fired up th¢ir passion for history. Tliey wcre also very excited to see inside an Oxford College for the first tin, and left the day much better infornjed about what studying ht Oxford is really like." Tea¢h¢r; "My students r¢ally developed their skills in rcgard lo analysing sourccs and evaluating which we have continued to develop in class. I would IOOQ/r recommend the event." Events May '24.. Christ Chiirch conference: Jiily.. PTI History cont"crcncc York University .dbi¢l)ill CPD.. Iraincc tcaclicrs Deccmber.. Guardian LRGS schools conference Oiilreach Scottish scl)ools Fcb 2025 Mllrcli: PTI Lc¢d$ Primaries confLrencc M41rcli 25-Chief F.xcciilivc nnd Dircclor of F.diicsilton prcscnlcd in Hungary at Geognphy. cartogriiphy and politics syiiiposiiim: Upon wlial Iiislori¢Ii1 foiindalions? Piiblishcd in F.uropcan F.ncoiiiil¢r8 2025. C.olleclcd papcrs of the Jos¢pli Kllrolyi Fouiidation. April I st '25: ITV LRGS schools Confcrcnce CHARITABLE ACTIVITIES: Create educAilon41 re$our¢e8 We creat¢ cdticnlional rcsources (cbooks, videos, lesson plans and Source packs) for 5ttidying and leaching controvcrsial historical topics. These are topics which arc disputed by hislorians, have partisan intcrprelations. and m&y causc cmotioiial rcsponscs. Wc now providc all our resource8 and EBooks (with Ihc exccplion of IsracllPalcslinc) free of charge to grow participation. Dellver debating for young people Page 3
PARALLEL HISTORIES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 We deliver online dnd in-person debating workshops for young pcople. They sludy diff¢renl perspeLlivcs on thebc IopiLS, cvaluate IhL Lvidence, and argue for differenl perspectives. The workshops are collaboralive Tallier Ihdn oinpelilivL. The young p¢uplc receive individual feedback from our team and Icacher volunleers lo track their prugTess OVL'r Ilie workshops. We delivered debating workshops for 1385 students this year. We have delivered workshops in partnership with Pwc, Naval Children's Charity, and Forward Assist. Traln teachcrs Wc Iriiii) Ic4icI)crs in leaching controversial history through regular onlin¢ workshops. We trained ov¢r 192 tcachers (a 1130/0 increase on lasl ycar) Ihis year. FINAIYCIAL REVIEW Income and fundr4islng We continucd to slren8th¢n our financial sustainability through broadenin8 the sources of our incom¢. We expe¢l Iliis divLrsily to cnable us lo mecl oiir fi]ndrat$ing growili largcts. as we grow our operalions in Ihc next two ycars. We wer¢ porticularly helped by being partners in the GuardiaobSerVer 24125 charity appeal. W¢ are grateful to the following trusts. foundations and organisations for Ihcir support this year.. th¢ Persula Foundation, Tlle Coinmunity Rclthlions Coiincil, The Sicglried Rausing Trusl, the Irelands Fwids, Chrisl ChLircli Acccss Hub, tlic Bige Give FoundJlion and th¢ Guardianlobserver Charity Appeal. We arc grateful to th¢ individuals wlio supported our work Iliis y¢L1r. Our income froin individual donallons grew this year Ihrougt) purticipaling in Ilic Big Giv¢ c1]stillaS Chllllenge, and on th¢ bock of the Guardittnlobserver Charity Appeal. Reserves pollcy Tlic trustces are satisfted with the perfornMnce of the charity in its romtIVe years and with the position of the reserve5 at Ihe end of Marcl) 2025. It is the policy of the charity lo maintain unreslrt¢lcd fiinds al a Icvel which the tnTStees bclicvc approprialc after considcring Ilie futtirc commitments of the charity and the likely adminislrative costs of Ihc cliarity in Ilic coii)iiig ycar. In the year to March 2025, the Truslees looked lo maintain general reserves in excess of £25,000. Ai the year end Parallel Histories had £33,340 in unrestricted funds. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng doeument Tl)¢ ¢l)arity is controll¢d by ils govcrning documcnt and consli¢ulcs a Charilablc In¢orporaled Organi8alion (CIO). TIIIS is not a Company incorpor£ilcd iindcr thc Con)pJnics Acts and il is Il?crcforc not subjccl lo coihpany regulation. Ncitlicr its exislcn¢c nor any char¥¢s it crcales hav¢ lo b¢ rcgislcrcd al Companics Housc. De¢l8lon mAkIng l)cci.sion niaking is carried oiit by the board of tnistees who meet regularly throughout the year. Staff members acting in n Éldmini5tralive capacity arc invited to Tnislce meclings. REfiERENCE AND ADMINISTRATIVE DETAILS Reglstered Charlty number 1174481 Prlnclpal address l Tlie BriLkL¥tt Sheering Road Flaifield Heath Bishops Slortford CM2 27LJ Page 4
PARALLEL HISTORILS REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 MARCH 2025 Trustees Ms C O'sullivan T Ramsey P Franek Ms S Tariq H Edrnondson W Albion (resigned 18.9.24) J Flillis (appoinled 18.9.24) Ms C Davies (Appointed 18.9.24) Independent Examlner Adain J Syddall M.A.. F.C.A. P B Syddall & Co Chart¢r¢d A¢¢ountant8 Grallon House 81 Chorley Old Road Bolton Lancashire BLI 3AJ Approved by order of the board of trustees on14January 2026 and Sid on its behalf b Joshua Hillis J Hillis - Trustee Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PARALLEL HISTORIES Independent examlner's report to the trust¢es of Parallel Histories I report to the charity Irustecs on my examination of the accounts of Parallel Histories (the Trust) for the year ended 31 March 2025. Re8ponslbllltles and b45is of report A8 Ilie cliarity Iruslees of the Trust you are responsible for the preparation of th¢ accounts in accordance with the requirem¢nts of the Charities Act 2011 {'the Act,). I report in resp¢¢t of my examination of lh¢ Trust's accounts carried out under Section 145 of the Act and in carrying oul my cxaminalion I have followed all applicable Directions giv¢n by thc Charity Commission under SLclion 145(5)(1)) of the Act. Independent examlner's statement I have complclcd my examination. I confirn) Ihal no mhlerial mallers have come lo my allenlion in coimcclion wilh the examinulion giving me cAuse to believe that in any mat¢rial respect: accounting records were not k¢pi in respect ofthe Trust as required by S¢ction 130 of th¢ Act. or Ihe accoiinls do not accord wilh Ihose records. or thc accounts do not comply with thc applicable rcquiremenls conc¢rning the fonn and contcnl of accounts 8¢t out in tlic Charities (Accoiinls and Reports) RelIatIonS 2008 oih¢r than any r¢qiiircm¢i)I that die accounts give a true and t.air vicw which is not a maller ¢onsidcr¢d as part of an indcpcndcnt exhmin£ltion. I havc no conccrns and have come across no other mallers in conneclion with the examination to which attention should be drawn in this report in order lo cnable a proper understanding of the accounts to be reached. Adam J Syddall M.A.. F.C.A. P B SyddL111 & Co Chartcrcd Accountants Graflon House 81 Cliorley Old Road tjoltoi) Lancashirc BLI 3AJ 9 January 2026 Page 6
PARALLEL HISTORtES STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 31.3.25 Total funds 31.3.24 Total funds Unrestricted fund Restricted funds Notes INCOME AND KNDOWMENTS FROM Donations and l¢ga¢ies 73,6SO 9J91 83,041 8,376 Charltable actlvltle$ Digi11£ I r)¢bil1iiig F.iil)i)IlLing thc digital CaP4?bilili¢s of teachers Norih¢rn Irclkind Siormoiil coiifcrcncc 54,997 54,997 2,000 3,00 2(),2()0 20,373 2,000 3,000 Other trading activities 15,867 6,190 22,057 52,791 Tot41 144,S14 20,581 165,095 107,800 V.XPENDITURE ON Ch4rltabl¢ aetlvltles Digital Debating 153,165 6,933 160,098 114,120 Other 7,992 3,000 10,992 4,935 Total 161,157 9,933 171,090 119,055 NET INCOMEI(EXPENDITURE) (16,643) 10,648 (5,995) (11,255) RFCONCILIATION OF FUNDS T()tal fiinds broug7ht torward 49,983 11,430 61,413 72,668 TOTAL FUNDS CARRIED FORWARD 33J40 22.078 55,418 61,413 Th¢ notes fonn part of these financial ststements Page 7
PARALLEL HISTORtES BALANCE SHEET 31 MIKRCH 2025 31.3.25 Total funds 31.3.24 Tolal funds Unrestricted fund Restricted funds Notes CURRENT ASSETS Dcbiors Cash ut bank 95 38,846 22,078 60,924 38,846 22,078 60,924 64.047 CREDITORS Amounts fallin8 du¢ within on¢ y¢ar (5,506) {5,506) {2,634) NET CURRENT ASSETS 33,340 22,078 55,418 61,413 TOTAL ASSETS LESS CURRENT LIABILITIES 33J40 22,078 55,418 61,413 LYET ASSETS 33,340 22,078 55,418 61,413 FUNDS Unrestricted funds Resti'icted lunds 49,983 11,430 22,078 TOTAL FUNDS 55,418 61,413 The financial statements wer¢ approved by the Board of Trustees and authorised for issue on 9 January 2026 and were signed on ils behalf by: Joshua Hillig J Hillis - Trustee The notes form part of these financial statements Pag¢ 8
PARALLEL HISTORIES NOTES TO THE FINANCIAL STATEME]YTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Basls of preparing the financial st4tements Thc financial slatem¢nls of the Charity. which is a public benefit enlily under FRS 102, have been prepared in accordan¢c witl) the Charities SORP (FRS 102) 'Accoiinling and Reporting by Charilics: Sialcmcni of Rcconimended Praclicc applicable lo charities prcparing Ih¢ir accounls in accordancc with the Finaiicial Rcporling Standard applicablc in the UK and R¢public of Ircland (FRS 102) (¢fT¢ctive l January 2019),, Financial R¢porling Standard 102 The Financial Reporting Slandard applicablc in the UK and R¢publi¢ or Ir¢liind' Mnd Ihc Charilies Aci 2011. The flnancial siaiemcnts havc been prcpared under the historical cost onvcnlion. Income All incoinc is rccogniscd in th¢ Stalcincnl of Financial Aclivilics onc¢ Il)¢ charity has cntiilcmcnt to the funds, il is probabl¢ Ihal the inconic will bc rcccivcd and dic amount can be measurcd rcliably. FJxpendl¢ure Liabililics arc rccogniscd as cxpcndiliirc as soon as Ihcre is a legal or conslniclive oblig1¢ tion cominilting Ihc cliarily lo Ilial cxpcndiliir¢. it is probablc that a Iransfcr ol. ccoJioIiu¢ benefits will be rcquircd tn sciil¢in¢nl and thc aniouiil of Il)¢ oblignlion can be measured rcliably. Expcnditiire is accounlcd for on an accruals basis aiid lias be¢ii classified Lindcr headings thal aggrcgate all cost related to the catcgory. Where costs cannot bc dircctly attribulcd to particular helldings they have been allocated to activities on a basis consislcnl witli the use of risourLes. Taxation The charily is ¢x¢mpt from tax on ils charitable activities. Fund accountlng Unr¢stri¢t¢d funds can be used in accordance with the charitable objectives at th¢ discretion of the twste¢s. Restricted funds can only be used for particular reslricl¢d pUrpoS within the objects of the charity. Restrictions aris¢ whcn specified by the donor or wlien funds arc raised for particular reslriclcd purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial stalcnienls. Penslon eo$t$ and oiher pogt-retlrement benefits Tlie ¢l)arity operalcs a defined contribiilion pension scheme. Coiitributions payable lo 11)e ¢harily'S pension scheme are charged to the SIMl¢inent of financial Activilics in th¢ pcriod to which Ihcy rclal¢. OTHER TRADING ACTIVITIES 31.3.25 31.3.24 Fees for services 22,057 52,791 Page 9 continued..
PARALLEL HISTORILS NOTES TO THE FINANCIAL STATEMENTS- ¢ontfillued FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES? REMUNERATION AND BENEFITS There were no trusiees, remuneralion or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Truste¢$' expenses There were no Irustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Rc51rici¢d funds Tollll funds INCOME AND ENDOWMENTS FROM Donations and legacie8 8,376 8,376 Charltable actlvltles Digvilal Dcbaling Enhancing the digital capabilities of teachers 26,260 20,373 26,260 20,373 Other trading activitie8 52,791 52,791 Totfdl 61,167 107.1100 EXPFNDITURE ON Charitable aetlvltle8 Digilol D¢baling 83,817 30,303 14,120 Oth¢r 878 4,057 4.935 Total 84.695 34,360 119,055 NET INCOMEI(EXPKNDITURE) (23,528) 12,273 {11,255) RECONCILIATION OF FUNDS Total funds brought forward 73.511 {843) 72,668 TOTAL FUIYDS CARRIED FORWARD 49,983 11,430 61.413 Page 10 ontinucd...
PARALLEL HISTORIES NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 DEBTORS: AMOUNTS FALLING DUE TllllN ONE YEAR 31.3.25 31.3.24 Trade debtors 95 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3,24 Otlier crcdtlors 5,506 2,1)34 MOVEMENT IN FUNDS Net movcmcnt in funds At 31.3.25 At 1.4.24 Unrestrlcted funds Generul fund 49,983 (16,643) 33,340 Re8trlcted funds Ei)h4iiicinby the digital capabilities of teacher5 Digital debating Michael Davis annual memorial debale 2,000 (74J) 9J91 3,154 10,276 9,391 11.430 10,648 22,078 TOTAL FUNDS 61,413 (5,995) 55,418 Net movement in funds, included in the above are as follows.. Incoming resources Resources ¢xpended Movement in funds Unre$trlcted fundy Gcncral fund 144,514 {161,] $7) (16,643) Re8trlcted funds Lnhan¢inbF IhL digital capabililies of Icu¢h¢'rs Digilul debaling Nalion(Il Univn of SiudLnl% project Norlliurn IrLland slorinoni dL'bales Mirhd¢l Davis annual memorial dcbale 2,000 2,000 (743) (743) {6,190) {3,000) 6,190 3,000 9J91 9J91 20.581 (9,933) 10,648 TOTAL FUNDS 165,095 (171,090) (5,995) Page 11 ontinued...
PARALLEL HISTORIES NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 MOVEMENT IN FUNDS - eontlnued Comparatives for movement In funds Nel moveinent in funds At 31.3.24 At 1.4.23 Unrestrlcted funds Gcneral liind 73,511 (23,528) 49,983 Restricted funds iihancin8 Ihc digital capabilities of tcachcrs Digillll debating (18,517) 17,674 19,671 (7,398) 1.154 10,276 (843) 12,273 11,430 TOTAL FUNDS 72,668 (11,255) 61,413 Comparative net movement in funds, included in the above are as follows: Incoining resourccs Re50urccs expendcd Movcmcnt in liinds Unre$trlc¢ed funds General fund 61.167 (84,695) (23,528) Re$trl¢ted funds Enhancin8 the digital capabilities of teachers Digital debating 20,373 26.260 (702) (33,658) 19,1)71 (7,398) 46,633 {34,360) 12.273 TOTAL FUNDS 107,800 (119,055) (11,255) RKLATED PARTY DISCLOSURES There were no related party lrnnsaclion5 for the year ended 31 March 2025. Page 12
PARALLEL HISTORIES DETAILED STATEMENT OF FINANCIAL ACTIVJTJES FOR THE YEAR ENDED 31 MARCH 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donfitlons And legacl Donations Gift aid 83,041 6,633 1.743 83,041 8,376 Other tradlng actlvltl Fees for services 22,057 52,791 Charltable actlvltles Grants 59,997 46,633 Total Incomlng re8ouree8 165,095 107,800 EXPENDITURE Chgrltable actlvltles Wages Pen8ioi)s Advertising Sundrie5 Teacher fellowship IT and software Coiisultan¢y 108.152 3,024 83,327 2,416 3,186 82 150 2,663 21,013 1,438 6,124 37,057 155,795 112,837 Other Books and research Conferences and travel 91 4,844 10,992 10,992 4,935 Support costs MAna%em¢nt In%uriillL Poslug¢ and Stationery 442 1.368 435 250 1.810 685 Flnance Bank Lharges 1,773 58 Governanee eosts Indcpcndcnl exaii)inulion 720 540 Total resources expended 171,090 119,055 Net expendlture {5,995) (11,255) This page do¢s not fomi part of the statutory financial statements Page 13