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Association for Character Education Ltd

Trustees’ Annual Report 2020 – 2021

Registered Charity Number: 1178166

Trustees

Gary Lewis, Chair

Dr Tom Harrison, Secretary

Professor James Arthur

Professor Kay Livingston

Dr Val Corry Geoff Smith Linda Sanders Daniel Wright

Our Aims

The Association for Character Education’s mission is to enable individual and societal flourishing through the development of good character. People’s decisions, behaviours and actions flow from their character, so we believe that enabling children to develop strong character is integral to enhancing their life and future prospects. Developing strong moral values, civic virtues and habits of service allows children and young people to become successful individuals with a strong sense of civic duty.

We deliver on our mission through facilitating and empowering a strong Character Education-based Community of Practice. This Community of Practice is currently made up of a network of 220 schools and organisations striving to embed character and virtue into the heart of everything they do. Our aspiration going forward is significantly expand this network, particularly in Scotland.

Unlike other subject areas which are taught as a part of curriculum, character needs to be ‘taught’ ‘caught’ and ‘sought.’ This can only be achieved if character and values are woven into all parts of school life. ACE’s focus is to provide extensive support to its network to enable its members to adopt this

transformative approach to education. The feedback that we have captured from the schools and organisations we work with, evidences that our unique approach to capacity building and upskilling schools not only works, but creates lasting change. This change extends to a range of indicators which determine the success of a school. All schools that place character and values at the heart of what they do experience improved behaviour, increases in staff and student wellbeing, lower staff turnover and improved academic attainment.

ACE recognises that all schools and character education-based organisations are at a different stage on their journey of embedding character and values into their provision. ACE understands that the support they require cannot just come centrally from ACE its self. This is why the principle of harnessing the extensive expertise that exists within its community, is so pivotal to our approach. Schools relish the opportunity to learn from other schools.

Governance and Management

The Association for Character Education (ACE) is governed by a voluntary board of trustees, the names of whom are listed above. Following the transfer of Character Scotland (CS) assets to ACE, former CS trustees Professor Kay Livingstone and Dr Val Corry joined the ACE trustee board for a limited period. This period was initially until July 2021, but has been extended to March 2022. Appointing these two former CS trustees to the role of ACE trustees was to help oversee the transition of funds and projects to ACE from CS, as outlined in the Letter of Transfer, which stated the terms and conditions of the transfer of assets for both organisations. The transfer of assets was completed by December 2020.

The management of ACE operations is led by Tom Haigh, CEO, on a free-lance basis. The contract between ACE and Tom Haigh is renewed on an annual basis by the Trustees.

Activities over the academic year- Sept 2020 – Aug 2021

ACE membership has increased significantly over the previous 12 months to 221 members. This has helped expand operations and increase self-generated income from membership fees, Kitemark assessments and CPD (professional development delivered “live” and on line). The organisation is focused on growing a network of 1000 schools and organisations and to support them in adopting a whole-school/organisation approach to developing character.

Kitemarks

Kitemarks are a cornerstone to the ACE offer to its members. They provide;

i) A valuable recognition for outstanding practice ii) Are a valuable self-reflection tool for schools and organisations iii) Help ACE identify where best practice exists that can then be shared wider through the annual conference, CPD and beyond.
iv) To engage with other expert teachers and leaders in school who can then be recruited to support other schools and the wider work of ACE (including supporting Kitemark assessments.)

This year 28 kitemarks have been awarded and 6 new Kitemark Assessors have been trained. Having assessors from within the network helps increase capacity so more kitemarks can be undertaken. It also offers a valuable CPD experience for headteachers and other leaders. Resources from all kitemark schools are being requested so they can be shared on the ACE website. This will be available by the end of Sept 2021.

CPD

This is the first full year that ACE has delivered its CPD programme. 12 CPD packages have been sold to individual schools and MATs. Some of the packages have been delivered to up to 7 schools across a single MAT. Our offer has evolved to include supporting schools with the development of a whole-school plan. This has broadened our offer and expanded revenue in this area.

Working with Scottish Schools

The transfer of assets from Character Scotland has given ACE the opportunity to deliver two projects in Scotland. The first was the Inspiring Purpose programme with 85 schools. The second was the delivery of Scottish School of Character and Values training programme. This saw 38 leaders and teachers from 12 Scottish schools attend 4 virtual CPD training sessions. This has laid a solid foundation for the development of a Scottish network of schools of character. £20,000 has also been secured from the Jubilee Centre for Character and Virtue in order to help enable this, including a conference to be held in March 2022.

ASSOCIATION FOR CHARACTER EDUCATION LIMITED COMPANY LIMITED BY GUARANTEE REGISTERED NUMBER. 099781( ENGLISH CHARITY REGISTERED NUMBER.. 1178166 UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2020 ¢S9]C7b1[ 1111212020 CC•APMIES HOUSE SCT

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CUNNINGHAM GRANT CHARTEREDACCOUNTANTS

ASSOCIATION FOR CHARACTER EDUCATION LIMITED COMPANY LIMITED BY GUARANTEE REFERENCE AND ADMINISTRATION DETAILS TRUSTEES James Arthur Th(Hnas Hairison Gary Lews Linda Sanders Geoffrey Smrth SECRETARY ThaS Harrison COMPANY REGISTERED NUPABER 09978106 CHARITY REGISTERED NUMBER 1178166 REGISTERED OFFICE 175 Holly Lane Erdington Birmingham England 824 9L4 BANKERS CAF (Charities Aid Foundation) 35 Kings Hill Avenue Kings Hill We51 MallirwJ Kenl ME194TA INDEPENDENT EXAMINER Barry Grant CA Cunningham Grant Chartered Accountants Unit G6 The Granary Business Certre Cupar Fife KY15 5YQ

ASSOCIATION FOR CHARACTER EDUCATION LIMITED MPANY LIMITED BY ARANTEE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDEO 31 JANUARY 2020 The directors presenl their report and the financLal statements for the year ended 31 January 2020. STRUCTURE. GOVERKANCE ANO IMNAGEMENT The Company is constrtuted as a rnpanY limited by guarantee and was incorporated on 30 January 2016. The company was established under a Memorandum of Association, which has established the obiedwes and powers of the company and is governed by ils Artides of Association. In the event of the company beiNJ vxjund up. members would be required to conlnbule an amount nol exceeding £10. The company became a iegistered charity on 30 April 2018. The charity is managed by a board of Iiu$tees vtho meet at a$1 a year. This board agree the accounts and make all decisions about the management of the charity. The charity cuNentty has no pah¥ slaff. The directors who served during the year were as James Arthtsr Thownas Harrison Gary Lews Linda Sanders Geoffrey Smith One Ihird of the directors shall retsre from office at the Annual General Meeting. The directors lo fetire by rotation shall be those vtho have been longest in of1e since Ihew last apintMent. OBJECTIVES AND ACTIVITIES The chantys objectives a specrftslty restricteil to the folknwng.. To advan education for the public benefrt by developing explicil actmlies and strategbes that cultivate important character quatrties in chAdren aTrJ young people to contribute to indNidual and soctal fkjurishing. ACHIEVEMENTS AND PERFORMANCE The charity awarded 5 Scl)cd of Char8Cter Kitemark awards. The Krtemark is awarded to schools who can demonstrate a whol&sth¢)ol approach that it is intentional, planned and Integrated through all areas of the Sch1. A further 5 Schts)Is of Character kitemark assessments are tked. and due lo take place before the end ol Dec 2020. ACE has devebped an Inlemaltonal of Character framthvork that provmles the same level of robustness as the stsndard k((emark but all for sthools to be assessed overseas. The fiist assessment will take place In November 2020 wrth a school In Saudi Arabia. Chari(ies and organisations in the ACE nthork feedbk that there was a demand for a Kitemaik that can support Iheir sector. In response ACE has run a pilot, vthich has been Completed with 5 ¢yganis*ions who will be awarded either the Charity of Character Krtemark or the Company of Character Kilemark. As with the School Krtema¥k, these two new kilemark$ have their o¥¥n rig($ frameW(k and assessment prccess.

ASSOCIATION FOR CHARACTER EDUCATION LIMITED COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2020 ACHIEVEMENTS AND PERFORMANCE Icontinwjl The ACE annual conference wll be held in November 2020. bringing together some of the country's leading figures in character edLtIOn and connecling the ACE network. Following feedback from ACE members. Iwo training programmes lor teachers and leaders have been designed and are now being delivered In schools. These include How to lead a school of characterf and 'Hcw to manage behaviour and attitudes through ¢harader.' After its launch this September rt has been booked to be delivered In 5 schools so far_ In order to support schools on thrjoumey to beccming a Schod of Character, ACE delivered Iwo free training webinars to 100 leachets and senior leader5 on hcN4 to take an integrated approach to character education. so it infomis eVehIng from assembl. tutor time, curriculum. extra-curricular activities. training. parent engagemenl and recruf(ment. FUTURE DEVELOPMENTS Folk)wing the dissolution of Character Education Scolland Ltd ICES). rt has been agreed that approximately £50,000 of funds will be transferred to ACE. This wll fund the delwery of the Inspiring Purpose programme, a highty su¢¢esslul initiative th devekJPS character in pupils through the creation of poster5 Ihal explore the link betweeri character and creating sustainab fulure. These funds will also alkiw the delivery of a package of support lo 10 Scottish s¢hods to support them lo become a School of Character. £20.tXJO has been secured from the Northwoc#J to support the deh'very of the above prograrnme. No other major futu devekjpments are planned. The charty wll continue lo focus on its core aclivrties". Schools of Character Kitemark. newsletters. $our5 and annual conference. IWESTMENT POLICY The chariiy currently does not have an investrnent policy and hobjs all its funds in 8 CAF Bank account where any spend or movemenl of funds needs to be avthorised. FINANCIAL REVIEW At year end the charty had a ba1ce of £18.223 {2019 - £18.239) in unstriCted funds. The main irtcome this year was fiom membership applution5, Kitemark schools and attendees lo the annual conference. The main outgoings were outsourced serwces and purchases made to prepare for and run the conference. The budget for 20120 enabled ACE lo meet the operational commrtments wth limrted space for development beyoné funded xtivrties. It Is hoped that the success of Ihe conference and the continued membefship and krtemark applications will help to continue and devekp the aims of A$sociion for Character Edu¢*ion.

ASSOCIATION FOR CHARACTER EDUCATION LIMITED COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUEDI R THE YEAR ENDED 31 JANUARY 2020 RESERVE POLICY The diieetors have not sel out a resefves poly at this ts"me. They do however monitor Ihe level of reserves held throughoLrt the year. The need for a reserves policy is kept under rewew to RISK MANAGEMENT The directors have assessed the risks lo which the eompany is exposed, particularty those related lo operations and finances of the company.. and are satysfied Ihat systems are in pla to monitor exposu lo these. Re9ular discussions lo continuously develop our approach to risk management will result in a risk management register being developed whh will be kept under STATEMENT OF TRUSTEES. RESPONSIBILITIES The trustees. who are also the directors of ASSlatIon For Character Educatson Limiled for the purpose of company law. a responsible for preparing the Trustees. Report and the finanaal ststements in accordance wrth appluble and United Kingdom Accounting Standards (United Kingdom Gener81ty Accepted Aceounting PraCte). Company Law requires the trustees to prepare financ1 statements for each financial year wh give a ITue and fair view of the stale of affairs of the charty and of the inci)ming resources and applKation of resources. including the income and expendrture. of the charrtable company foi that year. In pParing these financial ststements, the truslees are required lo". - select suitable accounting poIleS and then appPy them consistenlly. - Serye the methods and principles in the Charities SORP". - make judgements and estimates that are reasonable and prudent." and - prepare the financial stslements on Ihe going concem basis unless rt Is inappropriate to presume that the charty wll continue in operation. The trustees are responsible for keeping adequate accounting records that discbse with reasonable accuracy al any time Ihe financial position of the Chanty and enable them to ensure that the financial slalements comply wrth the Companies Ad 2006. They are also responsible foi safeguarding the assets of the charity and hence fof taking reasonable steps for the prevents.on and detectK)n of fraud ai)d other irregularities. This report was approved by the board on riii and has been prepared in accordance with the speckql proviSK$ felaling to small companies within Part 15 of the Companbes Act 2006. Signed on behalf of the L4)ard of trustees Tcffi Harrison OIRECTOR

ASSOCIATION FOR CHARACTER EDUCATION LIMITED COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS OF ASSOCIATION FOR CHARACTER EDUCATION LIMITED I report lo Ihe charity trustees on my exwninion of Ihe CoUnts of the ¢cvnpany for the year ended 31 January 2020 which are set Olrt on pages 6 10 12. This Tewl is made to the charitrfs trustees. as a bts. in 8ccordan¢e wrth seclKJn 145 of the Charities Act 2011. My examination has been undertaken so that I might state to the charitys Iru51ee5 those matters l am required to state lo them in an independenl examinerfs feport and for no other purpose. To the fUlst exlent permitted by law. I do not accept or assume responsibility to anyone other than the charity and the ¢harWs trustees. as a b, for my examination, for this report, or for the opinicS I have formed. RESPONSIBILITIES AND BASIS OF REPORT As the charity's trustees of the Company {who are also the directors of the company for the purposes of company lawl. you are fesponsible for the preparation of the accounts in accordance wrth Ihe requirements of the CoMpareS Act 20C6 {"Ihe 20( Act'l. Ha)nng satisfied myself that the accounts of the Company are not required lo be audited for this year under Part 16 of the 20C6 Act and are e1ible for independent examination, l pOrt in respect of my examinatK)n of your charl$ accounts as carried out under section 145 01 the Charities Act 2011 Ilhe 2011 Act.). In caryng out my examinatK)n. I have folkNd the Directions given by the Charty Commi5sK)n (under seclion 1451SI(bl of Ihe 2011 Act INDEPENDENT EXAMINER'S STATEMENT I have completed my examination. I confirm that rKS merial matters have ce lo my attention which yeS me cause to believe th*.. - the ountIng records were nol kept in accordance with sect 386 of the Companies Act", or - the accounts do not accord 1h such records,. or - the accounts do not cNnpty with the revant accounting requirements under section 396 ol the C¢ynp3nies Act 20(% other than any requirement that the accounts give a 'true and fai ew which is nol a matter considered as part of an independenl examination.. or - the accounts have not been prepared in accordance with Ihe Charities SORP IFRS 1021 I have no concems and have come across no other matters in connection with the examination to which attention should be drawn m this rew1 in order to enable a proper understanding of the accoijnts lo be reached. BaryGrant CA Cunningham Grant Chartered Aceounlanls Unit G6 The Granary Business Centre Coal Road Cupar Fife KY15 5YQ

ASSOCIATION F HARA TER OMPANY LIMITED BY GUARANTEE ATION LIMITED STATEMENT OF FINANCIALACTfviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JANUARY 2020 Unrestricted Funds 2020 2019 Notes INCOME FROM.. Charrtable activities 14.637 20,250 TOTAL OME 14.637 20,250 EXPENDITURE ON Charrtable activities 14,653 18,495 TOTAL EXPENDITURE 14,653 18,495 NET EXPENDITURE llNCOME FOR THE YEAR 1161 1,755 RECON ILIATION OF FUNDS TOTAL FUNDS BROUGHT FORWARD 18,239 16,484 TOTAL FUNDS CARRIED FORWARD 18,223 18,239 All incoming resources and resources expended deTNe fiom continuing aclwilies. The statemenl of financial actmties indudes all gains aThJ k)sses recognised in the year. The notes on pages181 to1121 fomi part of these financial Statements.

ASSOCIATION FOR CHARACTER EDUCATION LIMITED COMPANY LIMITED BY GUARANTEE BALANCE SHEET AS AT 31 JANUARY 2020 2020 2019 Noles RR NT A SETS Oebtors Bank and cash 181 3,550 21,138 2.400 17.459 24,688 19,859 CREDITORS- amounts due wthin one year 191 6,465 1,620 NET CURRENT ASSETS 18,223 18,239 ND FTHE HARITY Unrestricted Funds 18,223 18,239 18,223 18,239 The company 1$ entitled lo the eXeMptic from the audil requiremenl Contained in secbon 477 of the Companies Act 2006, for the year ended 31 Jwuary 2020. The trustees acknowledge their SponsIbl11bes for ensuring that the charty keeps accounting records which comply with section 386 of the Act and for preparing financlal statemen15 which give a true and fair view of the slate of affairs of the company as at the end of the financi31 year and of ils incoming resources and application of resources. including rts income and'expenditure, for Ihe financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply wth the Tequiremenls of the CoMpartS Act 20(6 relating to financial statements. so far as applicable to the company. The members have not required the company lo obtsin arh audit of ils financial statements for the year in question In accordance Imth section 476. These finala1 statements have been prepared in rdance wth Ihe promsions apph'cable to eompanies subject to the small companies regime. Approved by the board of directors on11 IKNdtJ 7d Lo and sEgned on 115 behalf. Tom Harrison DIRECTOR Company Registration No". 099781C The notes cffl pages181 to1121 fcvm part of these ffinancia stslements.

ASSOCIATION FOR CHARACTER EDUCATION LIMITED COhllPANY MITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AN ARY 111 ACCOUNTING POLICIES General infom)ali Association for Character Education Limited 15 a private ctsnpany limrted by guarantee, incorporated in England and wa$. The address of Ihe registered office is 175 Holty Lane. Erdington, Birmingham. England. B24 9LA. Basis of preparalion of accounts and sLitemenl of comphance These financial slalements have been prepared in 8ecordanee Vth the charitys memorandum and artides of association, the Ccrtnpanies Act 20[ and 'Accounling and Reporting by Charrties.. Statement of Recommended Practice appIable to chanlies prep8ring their accounts in accordance wrth the Financial Reporting Standard applicable in the UK and the Republic of Ireland IFRS 1021" _ (Charities SORP {FRS 1021 (effective 1 January 2019). The financial statemerts are ppared in Stellg. which is Ihe fuWiDnal Currency of the charity. Monetary amounts in these financial Statemenls are rounded lo the nearest £. ASS(latIOn For Character Educati Limited meets the definrtion of a benefrt enlty under FRS102. The financial statements have been prepared under the historical cost convention. Going Ccffjcem These accounts are prepared on the going concern basis. The trustees have a reasonable expectslion that the chartty will continue in operalional exislence for the foreseeable future. however. the trustees are aware of certain material UrtaInlieS whh may cause doubt c the charrty's abilrty to conlinue as a going concem. The principal risk facing the Charrtab company Is its abilty lo generate suff¢ient Income to cover expenditure incurred in fulfilling the 0"ectIveS of the charrtable company The trustees have remewed the cash p05rtion of the charrtable company and al the dale of signing the accounts and are satisfied that the chantsble company will be able lo meet all of $ financial commitments as they fall due. As a consequence the Iruslees believe that the charrtable compary 15 well placed to manage its financial risks and that the charitable company has adequate reserves to wntinue its operational existence for the foreseeable fulure. AccordirMJty. the trustees continue to adopt the going coneem basLS in preparing the &counts.

ASSOCIATION FOR CHARACTER EDUCATION LIMITED COMPANY LIMITED 8Y GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2020 111 ACCOUNTING POLICIES (continugjl Cash and cash equrvalents Cash and Cash equwalents include cash in hand. deposits hekl al call with banks, other short-term liquid investmenls wfh onginal malurrtie5 of three months or less, and bank oveTdraft5. Bank overdrafts a shown wrthin borrowings in current liabl1.e$. Income All ineoming resources are included in the stslement of [ancIal actmties when entillemenl has passed to the Charitab company, rt is probable that the econom benefrts assocLated wth the transaction will Itrm lo the chantsb company and the amount can be reliably measured. The following specific policies ale applied lo PartUlaT categories of irOMe. Income fIC donations and grants. includiTrJ capilal grants. is included in InMing resources when there is ewdence of entitlement. except when éonors specfy that the donations or grants must be used in future accounting periods, or condrtions are imposed that have to be fulfilled before the charrtable company is entit lo use such irhcome. Investment in¢cYne is included en receivable. Expenditure Expenditure is included on an accruals basi5 as a Irdbilrty is incurred. Expenditure is classified under headings of the stalement of financial activities lo whh (t is reL3ted. Expenditure on charrtable acknvilies includes all cost5 incurred In the delrvery of the of the chartys a¢twrties and seNies. h includes both costs that can be allOted directty lo such activrties and those costs of an indirect nature necessary to support them. DebIcS receivable and creditors payable wrthin one year Deblors and creditors wth no slated interest rate and receivable or payabk within one year are recorded at transaction prlce. Any losses arising from impairment are recognised In the in the income and expendrture acclwnt. Taxation The company is a gISted chairty and accordin9ty is exempl from taXat)n on its income and gains vtheTe they are applied for charrtable purposes.

ASSOCIATION FOR CHARACTER EDUCATION LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 JANUARY2020 111 ACCOUNTING POLICIES (continued) Disclosure Exemptions The charity satisfies the cntwia of being a qualty'ng entty as defined in SORP FRS 102 Update Bulletin 1. As such. advantage has been taken of the following disclosure exemptions.. No cash fl¢)w statement has been presented for the charitable company. Fund Accounting FuThJs held by the company are eilher.. UnrestrKted funds are available for use al the discrelim of the trustees io further any of the chable CLynpanS purposes. or ReStted funds which are subject to $trict)N5 on their use declared by the donorlsl or through the tem)s of an appeal. Furthef explanation ol the nature and purFrt)se of each fund is included in the notes. Critical accounling estimate5 and judgements In the applicatic of the charitys accounting pOl•e$. the trustees are required lo make judgements. eslimates and assumptions about the carrying amount of assets and liabilities that are not 81 apparent from other sources. The estimates and associated assumptions are based on hisloital experience and clher factors that ale ConSered to be relevant. A¢lual fesutts may drffer from these estimates. The estimates and undertw.ng assumptions are ievtewed on an ongoing basis. Revisions to accnI¥l9 eslimales are recognised in the pericJ in sthich the estimate is revised ere the revision affects toth current and future pericrfjs. Unrestricted Funds 2020 2019 121 INCOMING FROM CHARITABLE ACTMTIES Grants Memberships 7.500 12.750 14,637 14,637 20,250 Grants received. included in the above. are as fOlkn.. Charxter Education Scotland Limrted 10

ASSOCIATION FOR CHARACTER EDUCATION LIMITED COMPANY LIMITED BY UARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1 JANUARY 2020 unrestrted Funds 2020 2019 131 EXPENDITURE ON CHARITABLE ACTIVITIES Editorial costs Insurance Conference costs Accountsncy fees Administration cosls so1¥316 Bank charges Travel Unpaid memberships tteft off 4.583 2,550 2.618 810 4.675 13 249 1,705 500 810 7,926 574 176 178 5.725 14,653 18.495 suppo.rt costs have not been separ*ely identffied as the diredors consider there is onty one charitable actwity Therefoie support costs relate wholty lo Ihal activty. 141 NET MOVEMENT OF FUNDS IN THE YEAR This is slated after charging Independent examiners fees 810 810 151 STAFF COSTS No employee received remuneration amntIng to more than £60,000 dunng either year. 161 DIRECTORS, REMUNERATION The directors are the key managemenl personnel. No directors recewed remuneration. Tom Harrison, Gary Lews and Geoff Smith were feirnbursed {2020- £212, £827, and £3661 respectNety for day to day running Costs. 2020 2019 181 DEBTORS Trade debtors 3,550 2.400

ASSOCIATION F HARACTER ED COMPANY LIMITED 8Y GUARANTEE ATION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2020 2020 2019 191 CREDITORS- amounts due within one year Accruals 6,465 1,620 Unrestricted Funds 2020 2019 1101 ANALYSIS OF NET ASSETS Current assets Current IBbilities 24.688 16,465) 19.859 11,6201 As at 31 January 2020 18,223 18,239 Asal 31.01.19 IncoMg resources Outgoing resour¢es Asal 31.01.20 1111 MOVEMENT IN FUNDS Unrestricted Funds General fund 18,239 14,637 114,6531 18,223 As 31.01.18 Incoming resources OutgoirKJ resources Asal 31.01.19 Unrestricted Funds General fund 16,484 20.250 {18,4gS1 18,239 1121 LEGAL STATUS OF THE CHARITY The charity is a wnpany limrted by guarantee wrthout share caprtal. Each member of the harty has undertaken to contrJute an amount not exceeding £10 towards any deficrt arisirvj in the event of the charty being placed in liquidation. 12

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