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 n￿nitOr 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 conSI￿cl 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 Guardia￿obSerVer 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 rom￿tIVe 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 Si￿d 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) Re￿lIatIonS 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 pUrpo￿S 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