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2024-04-30-accounts

Charity No. 1189134 Trustees' Report and Unaudited Accounts Period ended 30 April 2024

CLASS 13 CIO

Contents

Reference and Administrative Details 3
Trustees Annual Report 4-9
Independent Examiner's Report to the Trustees of Class 13 CIO 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Accounts 13-20

2

CLASS 13 CIO

The Trustees present their report with the unaudited �inancial statements of the charity for the year ended 30 April 2024.

Reference and Administrative Details

Charity No. 1189134

Registered Of�ice

Unit 28, The Link 49 E�ra Road London SW2 1BZ

Charity Trustees

The following trustees served during the year: Vasant Chari – Chair Sarah Hale – Treasurer Bertina Ho – Secretary Stella Camugino – Trustee

Key Management Personnel

Curtis Worrell – CEO

Accountants

Multiply Accountancy 71-75 Shelton Street London WC2H 9JQ

Bankers

Co-operative Bank PO Box 250 Skelmersdale WN8 6WT

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CLASS 13 CIO

Trustees Annual Report

Structure, Governance and Management

Class 13 is a Charitable Incorporated Organisation (CIO), incorporated on 20 April 2020 and registered with the Charity Commission in England and Wales (1189134).

Trustees

A board of Trustees manages Class 13. The minimum number of Trustees shall be three (3) but (unless otherwise determined by ordinary resolution) shall not be subject to any maximum.

Trustees meet quarterly. Trustees focus on assuring progress with the delivery of Class 13’s objectives and aims - work that has been done and is upcoming, the �inancial position, pipeline of fundraising applications and expected income. They also review the evolution of Class 13’s Theory of Change.

Upon appointing a new Trustee, they will initially meet with the CEO and two Trustees to ensure governance and �it with the organisation are established early. They are directed to review Class 13’s most recent �inancial statements and are given an understanding of how the charity is progressing in the delivery of its aims. They are given access to the Charity Commission's guidance, 'The Essential Trustee' and our Constitution document. Trustees are expected to experience a version of Class 13’s o�er to teachers, ensuring Trustees understand the charity’s product o�er as well as building empathy with our customers and users.

All Trustees gave their time freely to the charity. In the year to 30 April 2024, there were no related-party transactions to report.

The Board of Trustees delegate the day-to-day management of Class 13 to the CEO.

Risk Management

The Trustees acknowledge that they are responsible for identifying and appropriately managing risks faced by Class 13 in achieving its primary aims. The Trustees have, therefore, assessed the major risks to which Class 13 is exposed, particularly those relating to its speci�ic operational areas, and �inances. The Trustees believe that, by monitoring reserve levels, ensuring that controls exist over key �inancial systems, and examining the operational risks faced by Class 13, they have established e�ective systems and procedures to mitigate those risks.

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CLASS 13 CIO

Objectives and Activities

The objects of Class 13 are, for the public bene�it, the promotion of equality and diversity and the advancement of education, particularly by working with teachers to develop strategies and techniques that combat racism and other forms of discrimination.

The Trustees have given due regard to the Charity Commission’s guidance on public bene�it.

The overarching aims of Class 13:

Achievements and Performance

To ensure the long-term sustainability and growth of our organisation, we shifted our focus to building awareness of our work, enhancing our organisational development , re�ining our training o�erings , and creating a clear , recognisable brand . This strategic pivot is designed to prepare us for increased funding opportunities, thereby amplifying the impact of our initiatives. With this new direction, we are poised to expand our reach and continue making a signi�icant di�erence in the communities we serve.

Programme Delivery

We continued our direct delivery at a reduced scale to free up capacity for the other elements outlined below. In the period, we successfully engaged 255 children and young people professionals. These e�orts included:

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CLASS 13 CIO

By conservatively estimating that each educator interacts with 30 young people, our direct engagement with 255 professionals has positively impacted 7,650 young people. This substantial reach underscores our commitment to expanding our influence and fostering meaningful change in the education sector.

Consultancy

In the year, we worked with Impact on Urban Health as a Learning Partner for the Children’s Mental Health programme, speci�ically focusing on their Working with Schools portfolio. Bringing our unique perspective and expertise to this project has included practice observations, report writing, workshop delivery and strategic recommendations. The project has further strengthened our networks and relationships in Lambeth while increasing awareness of our practice in the Borough.

In addition to our usual programme delivery, we also began to o�er practice observations and coaching with senior leaders and teachers in schools. We worked with a primary school in Camden to o�er these reflective sessions for SLT alongside a whole school INSET.

Organisational Development

In the year we focused on building and re�ining our core organisational functions, operations, and capacity, which included moving into a new of�ice in Brixton, that will also double as our own dedicated training space.

We partnered with fundraising consultants who guided us to become "funder ready", positioning us to engage with large-scale funders e�ectively. This process has required substantial resources from our team to ensure we have the correct policies in place.

Additionally, we are in the process of implementing a CRM system, which will signi�icantly increase our capacity through automation. This system will allow us to manage our customers and funders ef�iciently in one centralised platform, enhancing our operational e�ectiveness and enabling us to focus more on our mission-driven activities.

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CLASS 13 CIO

Building Awareness

In alignment with our strategic focus on building awareness, we also delivered impactful workshops and talks at several prestigious conferences, including:

These engagements have further established our presence in the education sector, allowing us to share our expertise and expand our network. By participating in these high-pro�ile events, we continue to amplify our mission and reach a broader audience, solidifying our commitment to fostering educational development and innovation.

Re�ining Our Programmes

In February and March 2024, we delivered an updated iteration of our flagship training programme to a diverse group of 10 professionals, including teachers, academics, and local authority sta�. The purpose of this was to reflect on, re�ine and enhance our programme o�er. We gathered extensive feedback, both positive and constructive, and have implemented these critiques.

One participant from this learning cohort shared their experience, stating:

"It was truly a privilege to be part of Class 13’s pilot cohort. What a transformative experience! The depth of conversation, the personal interrogation and introspection that takes place, and the way the facilitators lead their participants to a place of radical understanding is both uncommon and revolutionary. As someone who, prior to the course, would have deemed themselves alive to the ways that schools can oppress students, I was not expecting to come away a di�erent person. Yet, I was awakened all over again. My practice is unrecognisable. I see oppression where I once saw justice, and I have been equipped with the language to better understand, confront, and question such instances."

This testimonial underscores the profound impact of our training and reaf�irms our commitment to fostering meaningful change in educational practices. Continuously re�ining our o�ering ensures that our programmes remain relevant, impactful, and transformative for all participants.

Rebrand

Class 13 has always had a recognisable brand that reflects our unique approach to supporting young people. However, certain elements needed more consistency. In the next year we will launch a new website and roll out a comprehensive rebrand.

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CLASS 13 CIO

Plans for Future Periods

As we reflect on our achievements and progress over the past year and look forward to the future, it is evident that Class 13 is on a transformative journey. Our e�orts to date have positioned us to make an even greater impact.

Over the next year, Class 13 intends to focus our attention on delivering our flagship training and begin our embedded pilot project with two schools in Lambeth. This pilot, titled "Transforming Schools into Equitable Spaces," aims to tackle critical challenges in education, including the mental health of young people, disproportionate exclusion rates, and teacher retention. By centring equity, we aim to transform the entire school community. As part of this, our intention is to:

Financial Review

The year was a pivotal year for Class 13 with transformational unrestricted grants and signi�icantly increased sales, resulting in income that is 2.6 times that of the prior year. We secured 12 months of unrestricted core funding from Impact on Urban Health, which was a signi�icant moment for the organisation that we are incredibly grateful for, enabling us to employ sta�and solidify our operations. This was further bolstered by a grant from Mission 44. Alongside donations from foundations, our mixed-income model expanded with a re�ined and increased sales model that includes paid consultancy alongside our programme delivery.

Grants and donations accounted for 73% (£159,117) of our income. As we further expanded our sales capacity and o�er, 26% (£57,345) of our income came from trading with schools, local authorities, and universities, a 207% increase in the sales revenue from the previous year (2023: £18,657). The remaining 1% (£1,915) was from donated services, a 75% decrease from the previous year.

Financial Activity and Financial Position

Class 13 has a total income of £218,377 (2023: £83,341) in the year. All income was unrestricted (2023: £52,840 unrestricted and £30,500 restricted). Class 13 ended the year with a surplus of £44,082 which increased our unrestricted funds to £73,872 at year-end. This, alongside the increase in generated income in the year, compared to the previous period, provides comfort to the Trustees that Class 13 will be able to continue its charitable objectives.

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CLASS 13 CIO

Reserves Policy

The Trustees have determined that the reserves policy is to hold adequate resources in general funds to cover Class 13's non-sales related expenditure for the next three months. At year-end, Class 13 had free reserves of £66,699 (unrestricted funds less �ixed assets), which the Trustees believe to be more than suf�icient to expend the ongoing costs, and to continue our objectives.

Responsibilities of Trustees for the Financial Statements

The Trustees are responsible for preparing the report and the �inancial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law in England and Wales requires the Trustees to prepare �inancial statements for each �inancial year which give a true and fair view of the state of a�airs of the Charity and of income and expenditure of the Charity for that period.

In preparing those �inancial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the �inancial position of the Charity and enables them to ensure that the �inancial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the governing document. The Trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps to prevent and detect fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the Charity and �inancial information included in the Charity’s website.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the �inancial position of the charity and to enable them to ensure that the �inancial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the charity's assets and, hence, taking reasonable steps to prevent and detect fraud and other irregularities.

The above report has been prepared in accordance with the Charities SORP (FRS 102). Signed on behalf of the trustees:

Sarah Hale

Vasant Chari (Aug 6, 2024 20:23 GMT+1) Sarah Hale (Aug 6, 2024 12:21 GMT+1) Vasant Chari – Chair Sarah Hale – Treasurer

Date: 06/08/2024

Date: 06/08/2024

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CLASS 13 CIO

Independent Examiner's Report to the Trustees of Class 13 CIO

I report to the charity trustees on my examination of the accounts of Class 13 CIO for the period ended 30 April 2024 which comprise the Statement of Financial Activities (incorporating the Summary Income and Expenditure Account), the Balance Sheet and the related notes.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act).

Having satis�ied myself that the accounts of the charity are not required to be audited 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 examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

The charity is required to have an independent examination, and so, your examiner must be a member of a body listed in section 145 of the 2011 Act. I con�irm that I am quali�ied to undertake the examination as a member of the Institute of Chartered Accountants in England and Wales.

I have completed my examination. I can con�irm that no material matters have come to my attention in connection with the examination giving me cause to believe that:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Multiply Accountancy Limited

Multiply Accountancy Limited (Aug 6, 2024 12:30 GMT+1)

Chris Conway

Institute of Chartered Accountants in England and Wales

Multiply Accountancy Limited 71-75 Shelton Street London WC2H 9JQ

Date: 06/08/2024

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CLASS 13 CIO

Statement of Financial Activities

(incorporating the Summary Income and Expenditure Account) for the period ended 30 April 2024

Notes Unrestricted
funds 2024		 Restricted
funds 2024		 Total funds
2024		 Total funds
2023
£ £ £ £
Income and endowments from:
Donations and legacies
Charitable activities		 3
4		 161,032
57,345		 -
-		 161,032
57,345		 64,684
18,657
Total incoming resources 218,377 - 218,377 83,341
5
6
7		 8,821
159,777
5,697		 -
-
-		 8,821
159,777
5,697		 -
65,744
2,264
Expenditure on:
Raising funds
Charitable activities
Other
Total outgoing resources 174,295 - 174,295 68,008
9 - - - -
Net gains on investments
Net incoming resources 44,082
-		 -
-		 44,082
-		 15,333
-
Transfers between funds
Net incoming resources before
other gains/(losses)		 44,082
-		 -
-		 44,082
-		 15,333
-
Other gains and losses
Net movement in funds 44,082
29,790		 -
-		 44,082
29,790		 15,333
14,457
Reconciliation of funds:
Total funds brought forward
Total funds carried forward 73,872 - 73,872 29,790

11

CLASS 13 CIO

Balance Sheet at 30 April 2024

Notes 2024 2023
£ £
Fixed assets
Tangible assets		 11 7,173 4,418
7,173
257
69,014		 4,418
16,825
19,394
Current assets
Debtors
Cash at bank and in hand		 12
69,271
(2,572)		 36,219
(10,847)
13
15
15
Creditors:Amounts falling due within one year
Net current assets 66,699 25,372
Total assets less current liabilities 73,872 29,790
Total net assets 73,872 29,790
73,872
-		 29,790
-
The funds of the charity
Unrestricted funds
Restricted funds
Total funds 73,872 29,790

Approved by the trustees on 6 August 2024 and signed on its behalf by:

Vasant Chari (Aug 6, 2024 20:23 GMT+1)

Vasant Chari – Chair

Date: 06/08/2024

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CLASS 13 CIO

Notes to the Accounts for the period ended 30 April 2024

1 Accounting policies

Basis of preparation

The �inancial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (e�ective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The �inancial statements have been prepared under the historical cost convention. They are prepared in sterling, which is the functional currency of the charity. Amounts presented are rounded to the nearest pound.

Going concern

There are no material uncertainties around the charity's ability to continue as a going concern.

Fund accounting

Unrestricted funds

These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.

Restricted funds

These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of income

Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with suf�icient reliability.

Income with related expenditure

Where income has related expenditure the income and related expenditure is reported gross in the SoFA.

Donations and legacies

Voluntary income received by way of grants, donations and gifts is included in the SoFA when receivable and only when the Charity has unconditional entitlement to the income.

Tax reclaims on donations and gifts

Income from tax reclaims is included in the SoFA at the same time as the gift/donation to which it relates.

Donated services and facilities

These are only included in income (with an equivalent amount in expenditure) where the bene�it to the Charity is reasonably quanti�iable, measurable and material.

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CLASS 13 CIO

Volunteer help

The value of any volunteer help received is not included in the accounts.

Investment income

This is included in the accounts when receivable.

Gains/(losses) on revaluation of �ixed assets

This includes any gain or loss resulting from revaluing investments to market value at the end of the year.

Gains/(losses) on revaluation on investment assets

This includes any gain or loss on the sale of investments.

Expenditure

Recognition of expenditure

Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Expenditure on raising funds

These comprise the costs associated with attracting voluntary income, fundraising trading costs and investment management costs.

Expenditure on charitable activities

These comprise the costs incurred by the Charity in the delivery of its activities and services in the furtherance of its objects, including the making of grants and governance costs.

Governance costs

These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.

Other expenditure

These are support costs not allocated to a particular activity.

Depreciation of �ixed assets

Tangible �ixed assets are written o�over their estimated useful economic lives at the following annual rates:

Computer equipment 33% per annum straight line Fixtures and �ittings 25% reducing balance

The carrying values of tangible �ixed assets are reviewed for impairment when events or circumstances indicate the carrying value may not be recoverable.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount o�ered. Prepayments are valued at the amount prepaid net of any trade discounts due.

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CLASS 13 CIO

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of �inancial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Pension costs

The charity operates a de�ined contribution plan for its employees. A de�ined contribution plan is a pension plan under which the company pays �ixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

2 Charity status

Class 13 CIO is a charitable incorporated organisation and is not a registered company at Companies House.

3 Income from donations and legacies

3 Income from donations and legacies
2024 2023
Donations and grants
Gift Aid
Donated goods, facilities and services		 159,117
-
1,915		 57,184
-
7,500
161,032 64,684

In the year to 30 April 2024, Donations and grants received includes restricted funds of Nil (2023: £30,500). Further information is available in note 14. Donated goods, facilities and services, represents donations of books used in programme delivery, and donated time for session delivery and consultancy fees.

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CLASS 13 CIO

4 Income from charitable activities

4 Income from charitable activities
2024 2023
Session delivery and consultancy fees 57,345 18,657
5 Expenditure on raising funds
2024
6,988
1,833		 2023
-
-
Consultancy
Support costs
Sta�costs (note 10)
8,821 -
6 Expenditure on charitable activities
2024 2023
Session delivery costs
Marketing and Comms
Software costs
Consultancy fees
Sta�costs (note 9)
Legal and professional fees
General administrative costs
Premises costs		 17,901
7,565
5,747
75,112
30,818
123
1,791
20,720		 -
1,905
1,608
56,526
4,263
100
1,342
-
159,777 65,744
7 Other expenditure
2024 2023
Depreciation
Governance costs
Independent examination - current year
Other accountancy fees paid to independent examiner		 3,618
350
1,729		 1,474
350
440
5,697 2,264

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CLASS 13 CIO

8 Analysis of charitable expenditure

Activities
undertaken
directly		 Support
costs		 Governance
costs		 Total 2024 Total 2023
Session delivery costs
Marketing and Comms
Software costs
Consultancy fees
Sta�costs (Note 10)
Legal and professional fees
General administrative costs
Premises costs
Independent examination -
current year
Other accountancy fees paid
to independent examiner		 17,901
7,565
5,747
82,100		 32,651
123
1,791
20,720		 350
1,729		 17,901
7,565
5,747
82,100
32,651
123
1,791
20,720
350
1,729		 1,905
1,608
56,526
4,263
100
1,342
350
440
113,313 55,285 2,079 170,677 66,534

9 Net income before transfers

9 Net income before transfers
This is stated after charging:
2024 2023
Depreciation of owned �ixed assets 3,618 1,474
10 Sta�costs
2024 2023
Salaries and wages
Social security costs
Pension costs
Sta�recruitment and training costs		 31,981
-
-
670		 5,000
(1,259)
150
372
32,651 4,263

No employee received emoluments in excess of £60,000.

No trustees were reimbursed for expenses incurred in the period to 30 April 2024 (2023: none). No trustee received any remuneration in either period.

Key management personnel comprise the trustees and the CEO, as laid out on page 4. The total remuneration paid to these individuals was £48,613 (2023: £24,651).

The average number of sta�employed, including part-time sta�was 2.

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CLASS 13 CIO

11 Tangible �ixed assets

11 Tangible �ixed assets
Fixtures &
Fittings		 Computer
equipment		 Total
Costs
At 1 May 2023
Additions
Disposals		 -
5,626
-		 5,892
747
-		 5,892
6,373
-
At 30 April 2024 5,626 6,639 12,265
Accumulated Depreciation
At 1 May 2023
Charge for the year
Eliminated on disposal		 -
1,407
-		 1,474
2,211
-		 1,474
3,618
-
At 30 April 2024 1,407 3,685 5,092
Net Book Value
At 30 April 2024		 4,219 2,954 7,173
At 30 April 2023 - 4,418 4,418

12 Debtors

12 Debtors
2024 2023
Trade debtors
Prepayments and accrued income
Other debtors		 -
-
257		 13,825
3,000
-
257 16,825

13 Creditors falling due within one year

13 Creditors falling due within oneyear
2024 2023
Trade creditors
Other taxes and social security
Other creditors
Accruals and deferred income		 -
1,215
147
1,210		 -
-
102
10,745
2,572 10,847

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CLASS 13 CIO

14 Deferred income

14 Deferred income
2024 2023
At 1 May 2023
Additions during the year
Amounts released to income		 10,025
-
(10,025)		 -
10,025
-
At 30 April 2024 - 10,025

Income is deferred when amounts are received in advance for services taking place after the balance sheet date.

15 Movement in funds

15 Movement in funds
At 1 May 2023 Incoming
resources
including
other
gains/(losses)		 Outgoing
resources		 At 30 April
2024
Unrestricted funds:
General funds		 29,790 218,377 (174,295) 73,872
Restricted funds: - - - -
29,790 218,377 (174,295) 73,872
At 1 May 2022 Incoming
resources
including
other
gains/(losses)		 Outgoing
resources		 At 30 April
2023
Unrestricted funds:
General funds		 14,457 52,841 (37,508) 29,790
Restricted funds:
The Fair Education Alliance
The Clothworkers Foundation
Paul Hamlyn Foundation		 -
-
-		 5,000
5,500
20,000		 (5,000)
(5,500)
(20,000)		 -
-
-
- 30,500 (30,500) _
14,457 83,341 (68,008) 29,790

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CLASS 13 CIO

16 Analysis of net assets between funds

Unrestricted
funds		 Total 2024
Fixed assets
Net current assets		 7,173
66,699		 7,173
66,699
73,872 73,872
Unrestricted
funds		 Total 2023
Fixed assets
Net current assets		 4,418
25,372		 4,418
25,372
29,790 29,790

17 Related party transactions

There have been no related party transactions in the period that require disclosure.

20