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2024-07-31-accounts

Company No. 10625640 (England & Wales)

Charity No. 1193392

SCHOOL OF SEXUALITY EDUCATION LTD

(a company limited by guarantee)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

CHARLES OSEI, BSc, MSc, FCIE, MCIPP, AFA, ATA CHARITY INDEPENDENT EXAMINER / ACCOUNTANT

School of Sexuality Education Ltd

Registered Charity No. 1193392

Company Number. 10625640

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

CONTENTS

Page
1-2 Legal and Administrative Details
3-15 Trustees Report
16-17 Independent Examiner's report
18 Balance Sheet
19 Statement of Financial Activities
20 Statement of Cash flow
21-27 Notes to the Accounts

1

School of Sexuality Education Ltd

Registered Charity No. 1193392 Company Number 10625640

ORGANISATIONAL PROFILE FOR THE YEAR ENDED 31 JULY 2024

TRUSTEES Chair Martha Charlotte Chillingworth Appointed 20/10/20 Jessica Ann Trick Appointed 30/05/24 Toni-Siobhan Wilks-Pinnock Appointed 30/05/24 Amelia Jenkinson Appointed 26/04/23 Resigned 30/05/24

REGISTERED OFFICE: Collective Auction Rooms 5-7 Buck Street London NW1 8NJ

BANKERS: Lloyds Bank Cross Street Barnstaple BX1 1LT

ACCOUNTANTS:

Charles Osei, BSc (Hons), MSc, FCIE, AFA, ATA, MCIPP Flat 3, 11 Rochdale Way Deptford London SE8 4LY

2

Trustees’ Report (Contents)

  1. Legal and Administrative Information

  2. Report of the Management Committee

  3. Notes forming part of the financial statements

3

School of Sexuality Education Ltd

Report of the Management Committee for the year

ended 31 July 2024

The Management Committee presents its directors’ report and independently reviewed financial statements for the year ended 31 July 2024.

Reference and Administrative Information

Charity Name: School of Sexuality Education Ltd

Charity registration number: 1193392

Company registration number: 10625640

Registered Office and operational address: Camden Collective, 5-7 Buck Street, NW1 8NJ

Management Committee

Martha Charlotte Chillingworth (Chair)

Jessica Ann Trick

Toni-Siobhan Wilks-Pinnock

Senior Management Team

Dolly Padalia

4

Trustees’ Report

Our Aims and objectives

Purposes, Vision and Mission

Our charity’s purposes as set out in the objectives contained in the memorandum of association are:

Our vision is to improve people's physical health and emotional wellbeing, and give them the critical tools to develop or defend a more socially just society.

Our mission is comprehensive and inclusive relationships and sex(uality) education for young people which confronts taboos and social injustices. Our vision and mission fully reflect the purposes that the charity was set up to further.

Ensuring our work delivers our aims

We review our aims, objectives and activities each year via the monitoring of key performance indicators. The review examines:

We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

5

The focus of our work

Our main objectives for the year continued to be providing inclusive and comprehensive relationships and sex education for young people and those that work with them. The strategies we used to meet these objectives included:

All our charitable activities focus on providing relationships and sex education and are undertaken to further our charitable purposes for the public benefit.

Who used and benefited from our services?

School of Sexuality Education provides comprehensive and inclusive relationships and sex education (RSE) programmes. Our programmes cover the following seven key themes:

Our programmes are delivered as talks and workshops to young people through schools, colleges, universities, specialist centres, and youth groups. We also provide staff training and consultancy on relationships and sex education.

We have worked with over 540 organisations (schools, colleges, universities, youth groups as well as other charities) mainly in England, as well in Scotland and Wales. We work with young people predominantly in secondary schools, students, aged 11-18 years old.

6

Via schools, colleges, universities, specialist centres

Our goal is to work with schools to develop or complement their existing provision on relationships and sex education.

The number of schools we work with is limited to our internal capacity and the number of facilitators available to deliver programmes. Demand for our services is met on a first come, first served basis, particularly to state secondary schools, however, we find that we are able to accommodate most schools at some point during the academic year.

We offer a tiered price model for schools, based on their budget and capacity for our programmes. The income directly funds facilitators delivering the work and charity’s activities. Independent schools are offered the higher tiers to subsidise costs for low-income or state institutions. This approach ensures that our work is accessible to all.

At the end of our workshops, students can provide feedback via an online survey where they are asked to complete questions based on the sessions they received that day. Finally, there are free-text boxes in which students can tell us what they liked or disliked about the workshop(s), and one thing they will do differently as a result of the workshop(s).

“ I found it useful and I will know I will benefit from it in a later life. ” Student, Surrey

“the chatting of sex and no shame in the topic and the learning of consent and many other things with questions being allowed to understand more [facilitator] was an absolutely lovely women with much enjoyment participation and no judgement”. Student, Manchester

“How open to learn and teach the leaders were. We were all learning together and they created a safe environment.” Student, Oxford

“I have now collected the feedback from students and it is very positive. Especially for the Year 9 students who have commented on how safe they felt and spoke about being able to use terms they felt comfortable with. They scored the sessions an average of 4/5 for enjoyment and information. I was very impressed with all three of the facilitators who came in and would definitely be happy to have them back again next year. [Facilitator] in particular shone for her knowledge and unflappability.” Teacher, school in Hertfordshire

“It was such a pleasure to meet [facilitator] today and she has done a wonderful job engaging with our young people, navigating the awkwardness and embarrassment and providing a warm, inclusive, educational experience for everyone. This year was a real success for us in terms of participation, and listening to some of the discussions today, I'm proud of the progress we've made as a school. Our relationship with The School of Sexuality Education is a cornerstone of our RSE provision and I'm so pleased with today's success.” Teacher, School in Wales

7

To maximise the impact of RSE, we have continued to provide a range of workshops for parents and caregivers to encourage transparency in RSE and support parents / carers to continue conversations at home.

Staff Training and Consultancy

School of Sexuality Education provides teacher training to schools and universities, as part of their courses or continuous professional development. Our programmes include:

This year, we launched two new programmes:

Feedback from staff training sessions are positive:

“I previously worked at [school name] and your training from a staff CPD perspective and pupil perspective was outstanding and cutting edge. What I really loved about your training is how real it is and how it breaks the boundaries of conventional PSHE. It's all the things I wish I had have been taught to empower me.” - Teacher, Scotland

“I thought it was all amazing. I learnt lots of things and made me feel more confident. I loved the [activity]. Really interesting and inclusive. A great example of comfortable atmosphere.” Teacher, Midlands

“Thank you so much for an informative session, I have learnt so much about the language I use with students and how without realising victim blaming is used as education rather than the perpetrator being held accountable. Many thanks.” Teacher, Devon

Another element of School of Sexuality Education’s work involves consultancy, which we offer to educational institutions, on research projects, or partner organisations.

Since 2019, we have been working with a consortium of academics from University College London, Anglia Ruskin University and the University of Leicester to better understand harms young people are facing online and offline.

8

The research collaboration, led by Professor Jessica Ringrose, found that 76% of girls aged 12-18 had been sent unsolicited nude images of boys or men. This project informed the ‘Modernising Communications Offences 2021’ report, and the research led to recommendations that were accepted and incorporated into the Online Safety Bill.

In 2020-2022 we worked with world-leading researchers at UCL, Anglia Ruskin University and University of Leicester to research teen’s current experiences of sexual violence both online and offline. From this research, we co-designed a suite of resources around the importance of trauma-informed practice, advice for parents and carers if their child experiences online harms and sexual violence prevention checklist for senior leaders. Following this project, in 2023-2024 a full report was launched to support these resources, “Equipping Young People - to Navigate Post digital Sexual Violence”. The report evaluated the impact of two workshops we co-created which had two aims:

As detailed in the report, the workshops were received positively by students and staff. For Workshop 1, 88.6% of respondents agreed or strongly agreed that it improved their knowledge of sexual violence and the different forms it takes, while for Workshop 2, 92.1% agreed or strongly agreed that it improved their understanding of activism and how to challenge sexual violence.

The following activities further our charity’s mission and purpose for the year 2023-2024:

9

Funding

Income from grants -

Ovingdean Hall - Grant Instalment 3 - restricted - (£10,000)

We received a grant from Ovingdean Hall Foundation, (provided in instalments), for our pioneering project - to develop contemporary and comprehensive Relationships and Sex Education programmes for d/Deaf learners. The funding enabled the charity to provide free relationships and sex education programmes for deaf learners, and develop a training programme pilot for teachers of the d/Deaf.

School of Social Entrepreneurship - Grant Instalment 1-3 - unrestricted - (£4,250)

The grant supported the CEO in attending a learning programme with the School for Social Entrepreneurs to build on the organisation’s business strategy. The funding was used towards staff salaries.

Donations

The receipt of ad hoc donations from members of the public and organisations is used for resources and materials needed for our sessions delivered in schools.

To ensure our work is accessible to all, including young people, parents and teachers we published a book in September 2021 titled “Sex Ed: an inclusive teenage guide to sex and relationships”. Following the publication of this book, we launched a crowdfunder in May 2022 to raise funds for a copy of our book to be donated to school libraries. So far we have raised a total of £505.

Other fundraising activities, such as fundraising events have raised £51 for the charity's work in schools.

In total, from donations, we have received £626.12.

Investment Policy

The Management Committee has decided not to make any investments; this position will be reconsidered when our Reserves Policy has been met.

Reserves Policy

The Management Committee has examined the charity’s requirements for reserves in light of the main risks to the organisation. It has established a policy where in future, 5% of unrestricted grants and donations received will be secured for the Charity’s reserves.

10

The Management Committee has examined the charity’s requirements for reserves in light of the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of the expenditure.

Budgeted expenditure for the accounting period ending 31 July 2024 is £144K and therefore the target is £36K to £72K in general funds. The reserves are needed to meet the working capital requirements of the charity and the Management Committee are confident that at this level they would be able to continue the current activities of the charity in the event of a significant drop in funding. The present level of reserves available to the charity is £12.63K. Although the strategy is to continue to build reserves through planned operating surpluses, the Management Committee is well aware that it is unlikely that the target range can be reached for at least 5 years. In the short term the Management Committee has also considered the extent to which existing activities and expenditure could be curtailed, should such circumstances arise.

Any surplus from the current financial year was allocated to offset the deficits of the preceding financial year.

Plans for Future Periods

School of Sexuality Education will continue to make sure that all young people receive highquality, evidence-led programmes with exceptional delivery and detailed evaluation. Our priority is to create a sustainable and resilient organisation, with processes and policy that reflect our journey from a start-up to an established charity and a leader in the sector. Other priorities are

Recruitment and Appointment of Management Committee

Recruitment and training of Trustees

The recruitment of Trustees is carried out primarily through external recruitment, nominations from within the current Board and wider recommendation from other stakeholders, including schools and funders. A skills audit is conducted every three months by the Board and CEO

11

to assess the need for recruitment. Appointments are made by a vote of the existing members.

The Directors of the company are also charity trustees for the purposes of charity law and under the company’s Articles are known as members of the Management Committee.

All members of the Management Committee give their time voluntarily and receive no benefits from the charity. No expenses were claimed from the charity by The Trustees. The Trustees give their time voluntarily.

In the year ending 31 July 2024 the work of School of Sexuality Education was carried out by 20 freelance staff and 2 contracted staff members.

Risk Management

The Trustees of School of Sexuality Education are responsible for the management of the risks faced by the charity. Detailed consideration of risk is delegated to the CEO. Risks are identified annually and are monitored and controlled on an ongoing basis. The Trustees are satisfied that all major risks have been reviewed and procedures put in place to mitigate against those risks.

Whilst procedures can mitigate against major risks, the Trustees cannot provide absolute assurance against those risks. The Trustees recognise the importance of reviewing the risks associated within the charity and will review major risks on a regular basis, including: the Cost of Living crisis and the impact of inflation, shifts in government policy, negative media representations, and the continued Anti-Trans movement in the UK.

Related Parties

At a national level, RSE is steered by our partners, the Sex Education Forum who bring together experts and collaborators in the sector.

To continue providing evidence-based and relevant relationships sex education, we aim to continue working with our research partners at universities across the UK.

12

Responsibilities of the Management Committee

Company law requires the Management Committee to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the management committee should follow best practice and:

The Management Committee is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 1985. The Management Committee is also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Members of the Management Committee

In accordance with company law, as the company’s directors, we certify that:

13

Independent Review

Charles Osei was appointed as the charitable company’s independent reviewers during the year and have expressed their willingness to continue in that capacity.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued in March 2005) and in accordance with the special provisions of Part VII of the Companies Act 1985 relating to small entities.

(e) Fixed assets

N/A

1. Net Incoming Resources for the Year

The charity operates a defined contribution pension scheme for its employees, and contributed £849 this year.

2. Trustee Remuneration & Related Party Transactions

No members of the management committee received any remuneration during the year. No members of the management committee incurred travel costs during the year. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year.

3. Taxation

As a charity, School of Sexuality Education is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.

4. Investments

N/A

14

Approved by the trustees on 3 March 2025 and signed on their behalf by the Chair.

Signature:

Name: Martha Charlotte Chillingworth

15

School of Sexuality Education Ltd

Registered Charity No. 1193392

Company Number 10625640

INDEPENDENT EXAMINER'S REPORT ON THE FINANCIAL STATEMENTS TO THE TRUSTEES OF SCHOOL OF SEXUALITY EDUCATION

I report on the financial statements for the year ended 31 July 2024 set out on pages 18 - 27.

This report is made solely to the Trustees of School Sexuality Education, as a body, in accordance with regulations made under section 145 of the Charities Act 2011 and Charity SORP. My work has been undertaken so that I might state to the Trustees matters I am required to state to them in an Independent Examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and Charity's trustees for my independent examination work, for this report, or for the statement I have given below.

Respective responsibilities of Trustees and independent examiner

As charity trustees, for the purposes of charity law, are responsible for the preparation of the financial statements, the Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Act) and that an independent examination is needed.

Having satisfied myself that the Charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity, and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the reports limited to those matters set out in the statement on the next page.

16

School of Sexuality Education Ltd

Registered Charity No. 1193392

Company Number 10625640

INDEPENDENT EXAMINER'S REPORT ON THE FINANCIAL STATEMENTS TO THE TRUSTEES OF SCHOOL OF SEXUALITY EDUCATION

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

have not been met; or

Charles Osei, BSc (Hons), MSc, FCIE, AFA, ATA , MCIPP Date …....10/03/2025............ Flat 3, 11 Rochdale Way Deptford London SE8 4LY

17

School of Sexuality Education Ltd

Registered Charity No. 1193392

Company Number 10625640

BALANCE SHEET
AS AT 31 JULY 2024
Current Assets
Debtors
Cash at Bank and in hand
Creditors
Amount due within one year
Other Creditors
Cash at Bank - Overdraft
Net Assets/Liabilities
Reserves
General Funds
Restricted Funds:		 Notes
9
10		 2024
£
37,573
10,544
(35,487)
0
12,630
1,354
11,276
12,630		 2023
£
44,951
-
(60,053)
(7,783)
(22,885)
(24,161)
1,276
(22,885)

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

ii) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ………03/03/2025……………….. and were signed on its behalf by:

…………………………………………….

Trustee Martha Charlotte Chillingworth

The notes page 21 - 26 form part of these Financial Statements

18

School of Sexuality Education Ltd

Registered Charity No. 1193392

Company Number 10625640

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 JULY 2024

Notes
Resources Arising
Donations and Legacies
Income from Charitable Activities
2
Other trading activities
3
Other Revenue
Total Income
Direct Charitable Expenditure
4
Total Expenditure
Resources retained for further use
Transfer between Funds
Net Movement in Funds
Reconciliations of Funds
Brought forward 01/08/2023
Carried forward 31/07/2024		 Unrestricted
Funds
£
-
4,301
153,165
-		 Restricted
Funds
£
-
10,000
-
-		 2024
Total Funds
£
-
14,301
153,165
-		 2023
Total Funds
£
356
31,000
295,682
-
157,466
131,951		 10,000
-		 167,466
131,951		 327,038
351,755
131,951
25,515
(24,161)
1,354		 0
10,000
1,276
11,276		 131,951
35,515
(22,885)
12,630		 351,755
(24,717)
1,832
(22,885)

19

School of Sexuality Education Ltd

Registered Charity No. 1193392

Company Number 10625640

STATEMENT OF CASHFLOWS
FOR THE YEAR ENDED 31 JULY 2024
Notes
Cash flows from operating activities
Cash generated from operations
3
Net cash (used in)/provided by operating activites
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
Cash and cash equivalents at the end of the reporting period		 2024
£
18,327
18,327
18,327
(7,782)
10,545		 2023
£
(10,632)
(10,632)
(10,632)
2,850
(7,782)

20

School of Sexuality Education Ltd

Registered Charity No. 1193392

Company Number 10625640

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2024

1. Accounting Policies

Basis of Preparation.

These accounts have been prepared on an accrual basis and include income and expenditure as they are earned or incurred, rather than as cash received or paid. Reference to the "Charities SORP" refers to the Charites SORP (FRS 102): 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. 2nd edition effective 1 January 2019, and in accordance with the Companies Act 2006.

1a. Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not explended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

1b. Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is possible that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

1c. Voluntary Income

All voluntary income and donations are recognised and included in the accounts as they are received.

1d. Fund accounting

Unrestricted Funds are receivable or generated for the objects of the charity without further specified purpose and are available as general funds.

Restricted Funds are subjected to restrictions on their expenditure imposed by the donor. Designated Funds are unrestricted funds but earmarked by the trustees for particular purposes.

21

School of Sexuality Education Ltd

Registered Charity No. 1193392

Company Number 10625640

NOTES TO THE ACCOUNTS (CONTD)

FOR THE YEAR ENDED 31 JULY 2024

1e. Taxation

The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

1f. Debtors

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at amount prepaid.

1g. Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1h. Liabilities and provisions

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

1i. Financial Instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

1j. Critical accounting estimates and areas of judgement

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Charity does not currently have any significant accounting estimates or areas of judgement.

1k. Pension Cost and Other Post-Retirement Benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pensions scheme are charged to the Statement of Financial Activities in the period to which they relate.

22

School of Sexuality Education Ltd

Registered Charity No. 1193392

Company Number 10625640

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2024

INCOME FROM CHARITABLE ACTIVITIES
School for Social Entrepreneurs -SSE
Grant Income - Ovingdean Hall Foundation
OTHER TRADING ACTIVITIES
Sales
Travel and Expense Income		 Unrestricted
2024
£
4301
0
4301
Unrestricted
2024
£
131960
21205
153165		 Restricted
2024
£
0
10000
10000
Restricted
2024
£
0
0
0		 Total
2024
£
4301
10000
14301
2024
£
131960
21205
153165		 Total
2023
£
1000
30000
31000
2023
£
257690
37992
295682

2 INCOME FROM CHARITABLE ACTIVITIES

3 OTHER TRADING ACTIVITIES

4 CHARITABLE ACTIVITIES COSTS
Charitable Activities
5 DIRECT/SUPPORT COSTS OF CHARITABLE ACTIVITIES
Employers National Insurance
Pension Costs
Salaries
Staff Expense Claims
Travel to workshops and schools
Direct Wages
Worksops resources
Direct Expenses
Advertising & Marketing
Bank Fees
Consulting
Insurance
IT Software and Consumables
Legal and Professional Expense
Administration expenses
Staff Training
Subscriptions
Interest Paid
Total		 Unrestricted
2024
£
3510
849
92477
7683
11689
0
589
6812
245
1080
0
1102
1769
1832
170
145
1997
0
131951		 Direct Costs
(see note 5)
£
123610
Restricted
2024
£
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0		 Support Costs
(see note 6)
£
8341
Total
2024
£
3510
849
92477
7683
11689
0
589
6812
245
1080
0
1102
1769
1832
170
145
1997
0
131951		 Totals
£
131951
Total
2023
£
17876
4407
81922
13050
30539
180483
1342
8320
814
1442
2326
671
2925
2988
26
213
2413
0
351755

23

School of Sexuality Education Ltd

Registered Charity No. 1193392

Company Number 10625640

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2024

SUPPORT COSTS
Charitable Activities
Support costs, included above, are as follows:
Bank Fees
Advertising & Marketing
Consulting
Insurance
IT Software and Consumables
Legal and Professional Expense
Administration expenses
Staff Training
Subscriptions
Total		 2024
Other
£
8341
2024
Charitable
activities
£
1080
245
0
1102
1769
1832
170
145
1997
8341		 2023
Other
£
17370
2023
Charitable
activities
£
1432
814
5967
671
2925
2988
26
213
2334
17370

6 SUPPORT COSTS

7 TRUSTEEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st July 2024.

TRUSTEES' BENEFITS

There were no trustees' expenses paid for the year ended 31st July 2024.

8 STAFF COSTS

Wages and salaries
NIC costs
Other pension costs
The average monthly number of employees during the year was as follows:
Full-time
Part-time
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Accounts Receivable
Prepayments
Equals Card Control Account		 2024
£
92477
3510
849
96837
2024
1
21
2024
£
37515
0
58
37573		 2023
£
262405
17876
4407
284687
2023
2
16
2023
£
44415
545
-9
44951

9 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

24

School of Sexuality Education Ltd

Registered Charity No. 1193392

Company Number 10625640

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2024

10 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Pensions Payable
Historical Adjustment
Wages Payable - Payroll
Facilitator pay control account
Income in advance
Student Loan Deductions Payable
School of Sexuality Education Ltd
Other creditors
NIC Payable
PAYE Payable
Accounts Payable		 2024
£
372
1077
23431
0
0
7934
0
6369
84158
-92931
5075
35487		 2023
£
328
0
25567
500
310
6906
6344
3879
78471
-75009
12758
60053

11 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Current assets
Current Liabilities
MOVEMENT IN FUNDS
Unrestricted funds
General funds
Restricted funds
Restricted funds
Net movement in funds, included in the above are as follows:
Unrestricted funds
General funds
Restricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
fund
£
48117
-35487
12630
At 1.8.23
£
-24161
1276
-22885
Incoming
resources
£
157466
10000
167466		 Restricted
fund
£
0
0
0
Net
movement
in funds
£
25516
10000
35516
Resources
expended
£
131951
0
131951		 2024
Total
funds
£
48117
-35487
12630
At
31.7.24
£
1354
11276
12630
Movement
in funds
£
25515
10000
35515

12 MOVEMENT IN FUNDS

25

School of Sexuality Education Ltd

Registered Charity No. 1193392

Company Number 10625640

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2024

13 MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

A current year 12 months position is as follows:

Unrestricted funds
General funds
Restricted Funds
Restricted Funds
TOTAL FUNDS		 At 31.7.23
£
-24161
1276
-22885		 Net
movement
in funds
£
25516
10000
35516		 At 31.7.24
£
1354
11276
12630

14 RELATED PARTY DISCLOSURES

There were no related party transactions for the year 31st July 2024.

15 RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net (expenditure)/income for the reporting period (as per the
Statement of financial activities)
Adjustment for:
Depreciation charges
(Increase)/decrease in debtors
Net cash (used in)/provided by operations		 2024
£
35515
0
7378
-24566
18327		 2023
£
-24717
0
-7332
21417
-10632

16 ANALYSIS OF CHANGES IN NET FUNDS

Net Cash
Cash at Bank and in hand
Total		 At 1.8.23
£
-7783
-7783
-7783		 Cash flow
£
18327
18327
18327		 At 31.7.24
£
10544
10544
10544

26

School of Sexuality Education Ltd

Registered Charity No. 1193392

Company Number 10625640

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024

INCOME
Charitable activities
Government Grants
Grant Income
Sales
Travel and Expense Income
Other Income
Total
EXPENDITURE
Charitable activities
Employers National Insurance
Pension Costs
Salaries
Staff Expense Claims
Travel to workshops and schools
Direct Wages
Worksops resources
Direct Expenses
Advertising & Marketing
Bank Fees
Consulting
Insurance
IT Software and Consumables
Legal and Professional Expense
Administration expenses
Staff Training
Subscriptions
Interest Paid
Total
Net Surplus/(Deficit)		 2024
£
0
10000
131960
21205
4301
167466
2024
£
3510
849
92477
7683
11689
0
589
6812
245
1080
0
1102
1769
1832
170
145
1997
0
131951
35515		 2023
£
0
31000
257690
37992
0
326682
2023
£
17876
4407
81922
13050
30539
180483
1342
8320
814
1442
2326
671
2925
2988
26
213
2413
0
351755
-25073

These details do not form part of these Financial Statements

27