**SCHUMACHER SOCIETY TRUSTEES ANNUAL REPORT** **For the period from 6 April 2024 to 6 April 2025** ## REFERENCE AND ADMINISTRATIVE DETAILS Charity Number: 1182289 Principal Address: 3 Hillbrook Road, Totnes, Devon TQ9 5AT The Trustees: Dr. Patricia Shaw (Chair) Active from 1 March 2019 Dr. Jonathan Rae (Treasurer) Active from 1 March 2019 Mr. Pepik Henneman Active from 25 May 2023 Galeo Santz Active from 25 September 2024 Maria Eugenia Salcedo Repoles Active from 25 September 2024 No Trustees hold title to property belonging to the charity There are no corporate Trustees. Accountant and Examiner: IER Philip Cornish FCA of Beeson Weeks & Co. Bank: Triodos Bank. Deanery Road Bristol BS1 5AS. ## OBJECTIVES AND ACTIVITIES: ## Objectives: The objectives of the Schumacher Society are to advance the education of the public in the teachings of Dr E.F. Schumacher as they relate to issues affecting the future of our local and global society, including resource use, climate change, environmental management and social cohesion by organising and facilitating cross disciplinary learning and the funding of research, the useful results of which will be disseminated for the public benefit. ## Current Activities: The Schumacher Society was established as a registered charity on 1 March 2019, becoming operational in July 2019. The main activities in this reporting period relates to the following programs: - Research in Action (RinA) : An international community of researcher-practitioners, founded in 2108, whose members benefit from experienced and peer mentoring and supervision to 1 use the projects they are actively engaged in as the ground of a sustained 3-4 years inquiry. This issues forth in a public contribution to their field of practice. Now largely self-sustaining, this project receives specific intermittent financial support from the Society, and we act as the discerning Awarding body to RinA Research Fellows in recognition of completed work. - Schumacher Worldwide: The current version of this project was inaugurated in April 2024 with a representative meeting of actors concerned to support the legacy of the work of Schumacher College, as that institution was threatened with closure. The project is currently stewarding grants that enable a variety of strands of activity associated with place-based and on-line projects that were inspired by experiences at the college to be furthered and to interact. - Dart Valley Fund: a Fund created in 2025 to support initiatives in the Dart Valley Catchment, Devon, UK, with funding based on ecological conservation and restoration; and community and collaborative approaches. 2 ## ACHIEVEMENTS AND PERFORMANCE ## 1. RESEARCH IN ACTION ## _**Summary**_ 2024/25 saw 5 members of the community graduate as Schumacher Society Research Fellows. A major in-person research gathering was held in September in Sao Paolo, Brazil to combine with the 10th anniversary of Escola Schumacher Brasil (ESB). The community has continued to reorganise towards a second generation of convenors and activities. A new independent RinA website is being commissioned to be linked to the Schumacher Society website. ## _**Activities**_ The annual research meeting was held inSeptember 2024, organised and hosted by Bia Tadema of ESB. This 2 week meeting included - leading a public workshop to promote the establishment of a new Research in Action node hosted by Escola Schumacher Brasil - participating in a four day research residency organised by ESB between ESB, RinA and EBEAC, within their regenerative projects in Parelheiros - A celebration evening to award certificates to 5 new graduates of RinA at a community centre in Sao Paolo, plus the creation of videos of each Fellow talking about their work for the new RinA website.(Anna Lena Hahn, Tim Crabtree, Julie Richardson, Juliana Schneider and Pepik Henneman) - A meeting with Schumacher Alumni based in and around Sao Paolo - A 3 day RinA research meeting for exchanging on work-in-progress, and discussing the future of the community internationally. A 3 day on-line research meeting was held in February 2025 organised by Adriana Puech The monthly Commons Room continues to be the place where the organisation of the community is agreed and issues are raised and discussed, hosted by different community members A series of 6 ‘reflexive inquiry as practice sessions’ were convened by Anna Lena Hahn and Ruth Cross, to attract new researchers. Members of the community were guests at each session. Website. Pubpub, who created and hosted the current website, is withdrawing viable support for small communities in May 2025, so it was decided to separate, again, the Schumacher Society website onto its original WordPress platform. RinA is downloading 3 content from the pubpub site which will be transferred to a newly commissioned website l(project led by Anna Lena Hahn). ## _**Plans for 2025/6**_ ## Research fellows A further 3/4 people are expected to graduate in May 2025. ## Annual research meeting This will be held in May at the Rill estate in Devon, organised by Ruth Cross and Anna Lena Hahn. ## New Research hubs 6 people have enrolled on each of two 6 months programmes that will mentor researchers to complete stage 1 of the RinA fellowship track, one in portuguese convened by Bia Tadema and Juliana Scnider through ESB, and another english speaking cohort convened by Ruth Cross and Anna Lena Hahn. This is supported by some funding from The Schumacher Worldwide funds. ## 2. SCHUMACHER WORLDWIDE ## _**Summary**_ The Society dispersed 25K from Bondi Foundation in the Autumn of 2024 to enable moves to be made along six strands of work identified at a first gathering of interested people in April 2024 that was also funded by Bondi with a 10K grant. These strands cover - an online platform for connecting and informing - an on-line and print magazine showcasing schukchare inspired initiatives around the world - in-person meetings of alumni and friends around the world - developing research activities of learning centres through RinA - developing bio-regionning practices in specific eco-cultural terrains - exploring governance structures and practices for an emerging identity A further 100K in two tranches of 50K each in January 2025 and September 2025 are being stewarded by the Society in the light of the earlier work above to support particular aspects of this work: - two new cohorts of RinA researchers,one English speaking and one portuguese speaking - 6 case examples of bioregionning activity in UK, Europe and South America - strengthening of the editorial and publishing capacity of the Schumacher Magazine to ensure a rounded and quality publication with a print edition in the summer of 2025, building up to 2 or 3 editions per year - ongoing support for facilitating an on-line platform 4 support for governance of an emerging coherent identity/community/network was paused, to be returned to in the next round of funding distribution. ## 3. DART VALLEY FUND ## _**Summary**_ The new and experimental Dart Valley Fund, under the umbrella of Schumacher Society, starts its operation with £100k over the first 18 months, divided in two cycles of 9 months. Each individual project should apply for £5-15k. Within the geographical area of the Dart River catchment (Devon, UK), the two broad aims of the fund are: - Place-Based Conservation: Conserve and restore ecosystems with intact communities of native species, allowing for adaptation to environmental changes while meeting the needs of all beings in their native habitats. - Networks for Interdependence: Cultivate a network of inspired leaders and groups committed to reviving cultures of interdependence and respect for natural systems. Within this broad scope the specific aims of the fund are to: - Identify and support local nature-cultural initiatives, both existing and nascent, that contribute to conserving and revitalising the habitats and ecosystems of the Dart Valley Bioregion. - Develop and nurture a collaborative 'neighbourhood' of shared learning, resource sharing, decision-making, and mutual recognition among these initiatives, demonstrating effective plurality and impactful outcomes over time. ## _**Activities**_ The Fund was established aEnt the end of 2024 and from January 2025 it was developed with key activities by April 2025 related to hiring of the Project abler, who manages the Fund; design and approval by Trustees of governance structure; initial meetings with potential grantees and board members. ## _**Plans for 2025/6**_ A funds distribution group will be appointed and the first round of funding will happen in June 2025, with applications open in May 2025. The second round of funding is expected for March 2026, after lessons from the first cycle. Results from the grantees will be shared with each other in meetings over the funding cycle. 5 ## STRUCTURE, GOVERNANCE AND MANAGEMENT ## 1.Organisational Structure The Schumacher Society is a Charitable Incorporated Organisation (CIO) with voting members other than its charity trustees. It is governed by its Association Model Constitution dated 1 March 2019. The members of the Schumacher Society currently comprise the five Trustees. Currently, the Trustees are responsible for policy making and overseeing the management of the Trust, its assets and its charitable activities. In practice, the Trustee Board meets monthly (or more frequently) to conduct business. Minutes of the meetings are kept by the secretary and circulated to the Trustees. There are currently no paid staff members of the Schumacher Society. Since January 2025, a self employed part time Project Enabler, who also provided support to the Society in its legal and fund monitoring work, was recruited with specific funding from Full Circle Foundation. ## 2.Recruitment of Trustees At the AGM on 24 June 2024 existing trustees stood down. Julie Richardson and Hannah Drayson did not stand for re-election and they were sincerely thanked for their several years of work with the board. Patricia Shaw, Jon Rae and Pepik Henneman were proposed and re-elected as Trustees. On a meeting on September 25th 2024 the board unanimously appointed two new Trustees: Galeo Santz and Maria Eugenia Salcedo. The members of the Schumacher Society are currently the five Trustees. ## 3. Recruitment of Officers Patricia Shaw was proposed as Chair, seconded by Pepik Henneman; Jon Rae accepted to continue in the role of Treasurer and Secretary. Fernanda Vidal has been funded part time by Full Circle since January 2025 to take on the functions of Secretary in collaboration with the Chair. 7 ## FINANCIAL REVIEW Review of the financial position at the end of the period: The accounts are in a good position with unrestricted funds of £74,750 and unrestricted funds of £9,741 at the year end. It is the policy of the Society to aim for a reserve that is equal to 6 months running costs to ensure the smooth running of the Society and our commitments to those we are engaged with. Amount of reserves held: 84,491 Reasons for holding zero reserves N/A Details of fund materiality in deficit N/A Explanation of any uncertainties about the charity continuing as a going concern N/A Funds held as custodian trustees on behalf of others N/A Additional information (optional): The Charity’s principal sources of funds are donations, fundraising and fees for services rendered. ## **Investment policy:** The Society does not currently have an investment policy over and above holding reserves sufficient to the running of the Society for six months. ## **A description of the principal risks facing the charity** The major risks to the running of the charity are: - 1) Sufficient sources of funds raised from foundations and philanthropists - 2) The illness of key individuals responsible for the delivery of services currently offered. 8 ## DECLARATIONS The trustees declare that they have approved the trustees’ report above. **----- Start of picture text -----**
Full Name Position Signature Date
Patricia Shaw Chair
9 May 2025
Jonathan Rae Treasurer 1 [st] June 2025
Pepik Henneman Trustee
Galeo Santz Trustee
24 June 2025
Maria Eugenia Trustee
Salcedo 4 July 2025
**----- End of picture text -----**
9 NOTE OF CORRECTION: Please note that on page 8, where it says: “The accounts are in a good position with **unrestricted funds** of £74,750 and unrestricted funds of £9,741 at the year end”. It should read instead: The accounts are in a good position with **restricted funds** of £74,750 and unrestricted funds of £9,741 at the year end. Schumacher Society Charity number 1182299 |**Schumacher Society**|**Charity number**
**Company number**
**1182289**
**CE016699**|**Charity number**
**Company number**
**1182289**
**CE016699**|**Charity number**
**Company number**
**1182289**
**CE016699**|**Charity number**
**Company number**
**1182289**
**CE016699**|| |---|---|---|---|---|---| |Annual accounts for the period|||||| |Period start date|**06/04/2024**|**To**|Period end date|**05/04/2025**|| ## **Section A Statement of financial activities (including summary income and expenditure account)** |**Expenditure (Notes 4)**
**Expenditure on:**
Tax payable
Net gains/(losses) on investments
**Extraordinary items**
Other gains/(losses)
**_Reconciliation of_**
**_funds:_**
Separate material expense item
Raising funds
Other
Charitable activities
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) after tax before**
**investment gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**_Net movement in funds_**
Total funds brought forward
**Other recognised** **gains/(losses):**
**Net income/(expenditure) before tax for the**
**reporting period**
Gains and losses on revaluation of fixed assets for the charity’s own
use
**_Total_**
**Recommended categories by activity**
**Income (Note 3)**
**Income and endowments from:**
Donations and legacies
Investments
Charitable activities
Other trading activities
Separate material item of income
Other|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05| |---|---|---|---|---|---| |||142,500|-|142,500|10,286| ||2,424||-|2,424|4,758| ||||-||-| ||171||-|171|70| ||-|-|-|-|-| |||-|-|-|| ||2,595|142,500|-|145,095|15,114| ||||||| ||-|-|-|-|-| ||11,955|69,621|-|82,925|6,784| ||1,200||||1,080| ||149|-|-||1,227| ||13,304|69,621|-|82,925|9,092| ||||||| ||10,709
-|72,879|-|62,170|6,022| ||-|-|-|-|-| ||10,709
-|72,879|-|62,170|6,022| ||-|-|-|-|-| ||10,709
-|72,879|-|62,170|6,022| ||-|-|-|-|| ||8,129|8,129
-|-|-|-| ||||||| ||-|-|-|-|-| ||||-||-| ||2,579
-|64,750|-|62,171|6,022| ||||||| ||12,320|10,000|-|22,320|16,298| ||9,741|74,750|-|84,491|22,320| Page 1 of 16 Schumacher Society Charity No 1182289 Company No CE016699 As At 05/04/2024 ## **Section B Balance sheet** |**Fixed assets**
**Intangible assets**
**Tangible assets**
**Heritage assets**
**Investments**
**_Total fixed assets_**
**Current assets**
**Stocks**
**Debtors (Note 6)**
**Investments**
**Cash at bank and in hand (Note 7)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 8)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after one**
**year**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 9)**
**Restricted income funds (Note 9)**
**Unrestricted funds**
**Revaluation reserve**
**Fair value reserve**
**_Total funds_**|**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04|**Total last**
**year**
**£**
F05| |---|---|---|---|---|---| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||||||| ||-|-|-|-|-| ||321|-|-|321|261| ||-|-|-|-|-| ||10,620|74,750|-|85,370|23,139| ||10,941|74,750|-|85,691|23,400| ||||||| ||1,200|-|-||1,020| ||||||| ||9,741|74,750|-|84,491|22,380| ||||||| ||9,741|74,750|**-**|84,491|22,380| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||||||| ||9,741|74,750|-|84,491|22,380| ||||||| ||-|||-|-| |||74,750|-|74,750|10,000| ||9,741|||9,741|12,320| |||||-|| ||||||| ||9,741|74,750|-|84,491|22,320| _**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_ _**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_ _**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**_ _**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_ |ture of director authenticating accounts being sent to Companies
House
Signed by one or two trustees/directors on behalf of all the
trustees/directors|Print Name|Date of
approval
dd/mm/yyyy| |---|---|---| |||| |||| |||| ||Signature|Date
dd/mm/yyyy| |||| |||**Print name**| Signature of director authenticating accounts being sent to Companies House CC17a 05/05/2025 2 ## **Section C Notes to the accounts** ## Note 1 **Basis of preparation** _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities preparing • and with* ü their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with* ü the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.* ü * -Tick as appropriate ## **1.2 Going concern** _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ An explanation as to those factors that support the _**Sufficient funds to support planned activity**_ conclusion that the charity is a going concern; Disclosure of any uncertainties that make the _**n/a**_ going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. ## **1.3 Change of accounting policy** The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }. |Yes*
No*|ü
✔|* -Tick as appropriate| |---|---|---| ||ü|| ## _**Please disclose:**_ |**_(i) the nature of the change in accounting policy;_**|**_n/a_**| |---|---| |**_(ii) the reasons why applying the new accounting policy_**
**_provides more reliable and more relevant information; and_**|**_n/a_**| |**_(iii) the amount of the adjustment for each line affected in_**
**_the current period, each prior period presented and the_**
**_aggregate amount of the adjustment relating to periods_**
**_before those presented, 3.44 FRS102 SORP._**|**_n/a_**| ## **1.4 Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP). |Yes*
No*|ü
✔|* -Tick as appropriate| |---|---|---| ||ü|| ## _**Please disclose:**_ _**n/a**_ _**(i) the nature of any changes;**_ CC17a (Excel) 05/05/2025 3 |**_(ii) the effect of the change on income and expense or_**
**_assets and liabilities for the current period; and_**|**_n/a_**| |---|---| |**_(iii) where practicable, the effect of the change in one or_**
**_more future periods._**|**_n/a_**| ## **1.5 Material prior year errors** |**1.5 Material prior**|**year errors**|**year errors**|**year errors**| |---|---|---|---| |No materialpriory|ü
✔
ü
ear error have been identified in the reporting period(3.47 FRS102 SORP).
* -Tick as appropriate||| |Yes*
No*|ü
✔|* -Tick as appropriate|| ||ü||| |**_Please disclose:_**|||| |**_(i) the nature of the prior period error;_**|||**_n/a_**| |**_(ii) for each prior period presented in the accounts, the_**
**_amount of the correction for each account line item_**
**_affected; and_**|||**_n/a_**| |**_(iii) the amount of the correction at the beginning of the_**
**_earliest prior period presented in the accounts._**|||**_n/a_**| CC17a (Excel) 05/05/2025 4 **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies** _**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_ ## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE** **Please provide a description of the nature of each change in n/a accounting policy** _**Reconciliation of funds per previous GAAP to funds determined under FRS 102**_ **End of Start of period period £ £ Fund balances as previously stated** _**Adjustments: n/a**_ ## **Fund balance as restated** _**Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_ **End of £ Net income/(expenditure) as previously stated** _**Adjustments: n/a**_ **Previous period net income/(expenditure) as restated** CC17a (Excel) 05/05/2025 5 **Section C Notes to the accounts (cont)** **Note 2 Accounting policies** ## **2.2 INCOME** |**Recognition of income**
**Donated services and**
**facilities**
Membership subscriptions received in the nature of a gift are recognised in Donations and
Legacies.
**Investment gains and**
**losses**
**Legacies**
Legacies are included in the SOFA when receipt is probable, that is, when there has been
grant of probate, the executors have established that there are sufficient assets in the
estate and any conditions attached to the legacy are either within the control of the charity
or have been met.
These are included in the Statement of Financial Activities (SoFA) when:
• the charity becomes entitled to the resources;
• it is more likely than not that the trustees will receive the resources;
• the monetary value can be measured with sufficient reliability.
Insurance claims are only included in the SoFA when the general income recognition criteria
are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the
SoFA.
**Settlement of insurance**
**claims**
**Volunteer help**
This includes any realised or unrealised gains or losses on the sale of investments and any
gain or loss resulting from revaluing investments to market value at the end of the year.
Donated services and facilities that are consumed immediately are recognised as income
with an equivalent amount recognised as an expense under the appropriate heading in the
SOFA.
**Government grants**
The charity has received government grants in the reporting period
**Tax reclaims on donations**
**and gifts**
**Income from membership**
**subscriptions**
**Income from interest,**
**royalties and dividends**
The charity has incurred expenditure on support costs.
**Contractual income and**
**performance related grants**
**Support costs**
Membership subscriptions which gives a member the right to buy services or other benefits
are recognised as income earned from the provision of goods and services as income from
charitable activities.
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the
fair value of those gifts at the time of their receipt and they are recognised on receipt. In
the reporting period in which the stocks are distributed, they are recognised as an expense
at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance sheet.
On its sale the value of stock is charged against 'Income from other trading activities' and
the proceeds from sale are also recognised as 'Income from other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets and
included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations when
receivable.
There has been no offsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or FRS 102.
**Donated goods**
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
This is included in the accounts when receipt is probable and the amount receivable can be
measured reliably.
**Offsetting**
**Grants and donations**
Donated services and facilities are included in the SOFA when received at the value of the
gift to the charity provided the value of the gift can be measured reliably.
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Grants and donations are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.
The value of any voluntary help received is not included in the accounts but is described in
the trustees’ annual report.|Yes*
No*
N/a*|Yes*
No*
N/a*|Yes*
No*
N/a*| |---|---|---|---| ||ü
✔|ü|ü| ||Yes*
No*
N/a*||| ||ü
✔|ü|ü| ||Yes*
No*
N/a*||| ||ü
✔|ü|ü| ||Yes*
No*
N/a*||| ||ü
✔|ü|ü| ||Yes*
No*
N/a*||| ||ü
✔|ü|ü| ||Yes*
No*
N/a*||| ||ü|ü
✔|ü| ||Yes*
No*
N/a*||| ||ü|ü|ü
✔| ||Yes*
No*
N/a*||| ||ü
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No*
N/a*||| ||ü|ü|ü
✔| ||Yes*
No*
N/a*||| ||ü|ü|ü
✔| ||Yes*
No*
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✔| ||Yes*
No*
N/a*||| ||ü|ü|ü
✔| ||Yes*
No*
N/a*||| ||ü|ü|ü
✔| ||Yes*
No*
N/a*||| ||ü|ü|ü
✔| ||Yes*
No*
N/a*||| ||ü|ü|ü
✔| ||Yes*
No*
N/a*||| ||ü
✔|ü|ü| ||Yes*
No*
N/a*||| ||ü
✔|ü|ü| ||Yes*
No*
N/a*||| ||ü
✔|ü|ü| ||Yes*
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N/a*||| ||ü|ü|ü
✔| ||Yes*
No*
N/a*||| ||ü
✔|ü|ü| ||Yes*
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N/a*||| ||ü
✔|ü|ü| ||Yes*
No*
N/a*||| ||ü|ü|ü
✔| ## **2.3 EXPENDITURE AND LIABILITIES** CC17 FRS 102 SORP 05/05/2025 6 Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. **Liability recognition** **Governance and support** Support costs have been allocated between governance costs and other support. **costs** Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. **Grants with performance** Where the charity gives a grant with conditions for its payment being a specific level of **conditions** service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. **Grants payable without** Where there are no conditions attaching to the grant that enables the donor charity to **performance conditions** realistically avoid the commitment, a liability for the full funding obligation must be recognised. **Redundancy cost** The charity made no redundancy payments during the reporting period. **Deferred income** No material item of deferred income has been included in the accounts. The charity has creditors which are measured at settlement amounts less any trade discounts A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date **Creditors** **Provisions for liabilities** The charity accounts for basic financial instruments on initial recognition as per paragraph **Basic financial instruments** 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. **2.4 ASSETS Tangible fixed assets for** These are capitalised if they can be used for more than one year, and cost at least **use by charity** They are valued at cost. The depreciation rates and methods used are disclosed in note 14. The charity has intangible fixed assets, that is, non-monetary assets that do not have **Intangible fixed assets** physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 15. They are valued at cost. The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained **Heritage assets** principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 16. They are valued at cost. Fixed asset investments in quoted shares, traded bonds and similar investments are valued **Investments** at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments **Stocks and work in** Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net **progress** realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors (including trade debtors and loans receivable) are measured on initial recognition at **Debtors** settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. The charity has investments which it holds for resale or pending their sale and cash and **Current asset investments** cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments. |Yes*
No*
N/a*|Yes*
No*
N/a*|Yes*
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✔|ü|ü| **POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE** CC17 FRS 102 SORP 05/05/2025 7 ## **Section C Notes to the accounts (cont)** ## **Note 3 Income** |**Note 3 Income**|**Income**|||||| |---|---|---|---|---|---|---| |Donations andgifts
Gift Aid
Legacies
General grants provided by government/other
charities
Membership subscriptions and sponsorships
which are in substance donations
Donatedgoods,facilities and services
Other
**Total**
Sales
Other
**Total**
Other
**Total**
Interest income
Dividend income
Rental and leasingincome
Other -gains on foreign exchange
**Total**
**Total**
Conversion of endowment funds into income
Gain on disposal of a tangible fixed asset held for
charity's own use
Gain on disposal of a programme related
investment
Royalties from the exploitation of intellectual
propertyrights
Other
**Total**
**Other information:**
**Other trading**
**activities:**
**Analysis of income**
**Donations**
**and legacies:**
**TOTAL INCOME**
**Charitable**
**activities:**
**Separate**
**material item**
**of income**
**Other:**
**Income from**
**investments:**|**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**||||| ||Donations andgifts||142,500|-|142,500|10,286| ||Gift Aid|-|-|-|-|-| ||Legacies|-|-|-|-|-| ||General grants provided by government/other
charities|-|-|-|-|-| ||Membership subscriptions and sponsorships
which are in substance donations|-|-|-|-|| ||Donatedgoods,facilities and services|-|-|-|-|-| ||Other|-|-|-|-|| ||**Total**|-|142,500|-|142,500|10,286| |||||||| ||Sales|2,424|-|-|2,424|4,758| |||-|-|-|-|-| |||-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|2,424|-|-|2,424|4,758| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||Other||-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| ||Interest income|171|-|-|171|70| ||Dividend income|-|-|-|-|-| ||Rental and leasingincome|-|-|-|-|-| ||Other -gains on foreign exchange|-|-|-|-|-| ||**Total**|171|-|-|171|70| |||||||| |||-||-||-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| ||Conversion of endowment funds into income|-|-|-|-|-| ||Gain on disposal of a tangible fixed asset held for
charity's own use|-|-|-|-|-| ||Gain on disposal of a programme related
investment|-|-|-|-|-| ||Royalties from the exploitation of intellectual
propertyrights|-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| |||2,595|142,500|-|145,095|15,114| |||||||| |**All income in the prior year was unrestricted except for: (please**
**provide description and amounts)**||||||| |**Where any endowment fund is converted into income in the**
**reporting period, please give the reason for the conversion.**||||||| |||n/a||||| |||||||| |**Within the income items above the following items are material:**
**(please disclose the nature, amount and any prior year amounts)**||||||| |||||||| |**Where sums originally denominated in foreign currency have been**
**included in income, explain the basis on which those sums have**
**been translated into sterling (or the currency in which the**
**accounts are drawn up).**||
Translated at prevalingrate at time oftransaction.||||| CC17a 05/05/2025 8 **Section C Notes to the accounts (cont)** ## **Note 4** |**Note 4**||||||| |---|---|---|---|---|---|---| |Fundraising agents
Operating charity shops
**Analysis of expenditure on charitable activities**
**Total expenditure on charitable**
**activities**
**Other information:**
**TOTAL EXPENDITURE**
**Total expenditure on raising funds**
Operating a trading company undertaking
non-charitable trading activity
Cost of obtaining investment advice
Independent examiner fees
**Total**
**Total other expenditure**
Investment administration costs
**Separate material**
**item of expense**
Advertising, marketing, direct mail and
publicity
Start up costs incurred in generating new
source of future income
Rent collection, property repairs and
maintenance charges
Operating membership schemes and
social lotteries
Staging fundraising events
Database development costs
Other trading activities
**Analysis of expenditure**
Intellectual property licencing costs
Incurred seeking grants
**Other**
bank fees
loss on exchange
Charitable activities
**Expenditure on**
**raising funds:**
Incurred seeking legacies
Portfolio management costs
Investment management costs:
Incurred seeking donations
**Expenditure on**
**charitable**
**activities**|**Analysis of expenditure**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**||||| ||Incurred seeking donations|-|-|-|-|-| ||Incurred seeking legacies|-|-|-|-|-| ||Incurred seeking grants|||||| ||Operating membership schemes and
social lotteries|||||| ||Staging fundraising events|||||| ||Fundraising agents|||||| ||Operating charity shops|||||| ||Operating a trading company undertaking
non-charitable trading activity|||||| ||Advertising, marketing, direct mail and
publicity|-|-|-|-|-| ||Start up costs incurred in generating new
source of future income|-|-|-|-|-| ||Database development costs|-|-|-|-|-| ||Other trading activities|||||| ||Investment management costs:|-|-|-|-|| ||Portfolio management costs|-|-|-|-|-| ||Cost of obtaining investment advice|-|-|-|-|-| ||Investment administration costs|-|-|-|-|-| ||Intellectual property licencing costs|-|-|-|-|-| ||Rent collection, property repairs and
maintenance charges|-|-|-|-|-| |||-|-|-|-|-| ||**Total expenditure on raising funds**|-|-|-|-|-| |||||||| ||||-|-|-|-| ||Charitable activities|11,955|69,621|-|81,576|7,864| |||-|-|-|-|-| |||-|-|-|-|-| ||**Total expenditure on charitable**
**activities**|11,955|69,621|-|81,576|7,864| |||||||| ||Independent examiner fees|1,200|-|-|1,200|1,080| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||**Total**|1,200|-|-|1,200|1,080| |||||||| ||bank fees|149|-|-|149|8| ||loss on exchange||-|-|-|140| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||**Total other expenditure**|149|-|-|149|148| |||||||| |||13,304|69,621|-|82,925|9,092| |||||||| |**Activity or**
**programme**|**Activities und**|**ertaken directly**|**Grant**
**funding of**
**activities**|**Support**
**Costs**|**Total this**
**year**|**_Total prior_**
**_year_**| |---|---|---|---|---|---|---| |||**£**|**£**|**£**|**£**|**£**| |Activity 1
Activity2|Grantintermediation||0||-|0| ||Contract services||11,955||11,955|9092| |Other|Bursaries and Scholarships||0|||0| |**Total**|||11,955|-|11,955|9092| |||||||| |**Prior year expenditure on charitable activities**
**can be analysed as follows:**||n/a||||| |||||||| |**Within the expenditure items above the following**
**items are material: (please disclose the nature,**
**amount and any prior year amounts)**||
n/a||||| |||||||| |**Where sums originally denominated in foreign**
**currency have been included in expenditure,**
**explain the basis on which those sums have**
**been translated into sterling (or the currency in**
**which the accounts are drawn up).**||Translated at prevalingrate at time oftransaction.||||| CC17a (Excel) 05/05/2025 9 ## **Section C Notes to the accounts** ## **Note 5 Details of certain types of expenditure** ## **Note 5.1 Fees for examination of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_ |**Tax advisory fees**
**Other fees (for example: financial advice, consultancy, accountancy services) paid to the**
**independent examiner**
**Independent examiner’s fees**
**Assurance services other than independent examination**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||1200|1080| ||0|0| ||0|0| ||0|0| CC17a (Excel) 05/05/2025 10 ## **Section C Notes to the accounts (cont)** ## **Note 6 Debtors and prepayments** ## **6.1 Analysis of debtors** |**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||321.0|261.0| ||-|-| ||-|-| ||321.0|261.0| CC17a (Excel) 05/05/2025 11 ## **Section C Notes to the accounts (cont)** **Note 7 Cash at bank and in hand** |**Note 7 Cash at bank and in hand**||| |---|---|---| |**Other**
**Short term deposits**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**|**This year**
**£**|**Last year**
**£**| ||-|-| ||-|-| ||85,370|23,139| ||-|-| ||85,370|23,139| CC17a (Excel) 05/05/2025 12 ## **Section C Notes to the accounts (cont)** ## **Note 8 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ ## **8.1 Analysis of creditors** |**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts or**
**performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**Amounts falling due within**
**oneyear**|**Amounts falling due within**
**oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||1,200|1,080|-|-| ||-|-|-|-| ||-|-|-|-| ||1,200|1,080|-|-| CC17a (Excel) 05/05/2025 13 ## **Section C Notes to the accounts (cont)** ## **Note 9 Charity funds** ## **9.1 Details of material funds held and movements during the CURRENT reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ |**Fund names**|**Type PE, EE R**
**or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**| |---|---|---|---|---|---|---|---|---| |Restricted fund|R|Bondi|10,000|142,500|69,621|-8,129|-|74,750| |Other funds (balancing figure)|UR||12,320|2,596|13,304|8,129|-|9,741| |||||||-|-|| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| |**_Other funds (balancing figure)_**|**N/a**|**N/a**|-|-|-|-|-|-| |**Total Funds as per balance sheet**|||22,320|145,096|82,925|- 0|-|84,491| CC17a (Excel) 05/05/2025 14 ## **Section C Notes to the accounts (cont)** ## **Note 10. Transactions with trustees and related parties** _**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_ ## **10.1 Trustee remuneration and benefits** **None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)** _**FALSE**_ _**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_ |**Name of trustee**|**Legal authority (eg**
**order, governing**
**document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**| |---|---|---|---|---|---|---|---| |||**This year**|||||**Last year**
**£**| |||**Remuneration**|**Pension**
**contribution**|**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**|**Other**|**TOTAL**|| |||**£**|**£**|**£**|**£**|**£**|| |||||||**0**|| ||||||||| ||||||||| ||||||||| _**Please give details of why remuneration or other employment benefits were paid.**_ _**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_ _**If a third party has been reimbursed for providing one or more trustees, state the nature of the payment and amount of the reimbursement. State the number of trustees to whom retirement benefits are accruing under a defined contribution pension scheme.**_ ## **10.2 Trustees' expenses** _**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_ |**No trustee expenses have been incurred (True or False)**|||**_FALSE_**| |---|---|---|---| ||||| |**Type of expenses reimbursed**||**This year**|**Last year**| |||**£**|**£**| |**Travel**||**3032**|**0**| |**Subsistence**|||**0**| |**Accommodation**|||**0**| |**Other (please specify):**|||| ||||| ||**TOTAL**|**3032**|**0**| |**Please provide the number of trustees reimbursed for**
**expenses or who had expenses paid by the charity**|||| ||||**2**| CC17a (Excel) 05/05/2025 15 ## **10.3 Transaction(s) with related parties** _**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_ |**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**There have been no related party transactions in the reporting period (True or False)**|**_TRUE_**|**_TRUE_**| |---|---|---|---|---|---|---|---|---| |||||||||| |**Name of the trustee or**
**related party**|**Relationship to**
**charity**|
**Description of the**
**transaction(s)**|**Amount**||**Balance at**
**period end**|**Provision for bad debts**
**at period end**||**Amounts**
**written off**
**during**
**reporting**
**period**| ||||**£**||**£**|**£**||**£**| |||||||||| |||||||||| |||||||||| |||||||||| |**_For any related party, please provide details of any guarantees_**
**_given or received._**
**_In relation to the transactions above, please provide the terms_**
**_and conditions, including any security and the nature of any_**
**_payment (consideration) to be provided in settlement._**||||||||| |||||||||| |||||||||| |||||||||| CC17a (Excel) 05/05/2025 16 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesldirectorsl members of Schumacher Society On accounts for the year ended 5" April 2025 Charlty no.: 1182289 Company no.: CE016699 Set out on pages I report to the charity trustees on my examination of the accounts of the Company for the year ended 0510412025. Responslblllties and basis of report As the charity's trustees of the Company (who are also the directors of the ompany for the purposes of company law). you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act-). Having satisfied myself that the accounts of the Company are not required lo be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ("the 2011 Act.). In carrying out my examinalion. I have followed the Directions given by Ihe Charity Commission (under section 145{5llb} of the 2011 Act. Independent examiner's statement I have completed my examination. I confirm Ihat no material mattèrs have come to my attention which gives me cause to believe that.. • accounting records were not kept in accordance with section 386 of the Companies A¢t 2006; or the accounts do nol accord with such records.. or the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 olher than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examinalion; or .the accounts have nol been prepared in accordance with the Charities SORP {FRS102). I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order o enable a proper understanding of the accounts to be reached. Signed: Date: 07107125 Name: Philip Comish IER P Cornish FCA of Beeson Cornish Ltd 0710712025 Relevant professlonal qualfflcatlon(s) or body (rf any): ICAEW member number 7931029 Address: Fal(x)n House. Eagle Road, Plympton. Plymouth PL7 5JY Section B Disclosure Only ￿mplete if the examiner needs to highlight material matters of concem (see CC32. Independent examination of charity accounts: directions and guidance for examiners). Glve hare brlef dotslls of any Items that th8 examlner wlshas to dlsclose. IER P Comlsh FCA of Beeson Comlsh Ltd 0710712025