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2025-10-31-accounts

Elders for Social Entrepreneurship Trustees’ Annual Report to the Charity Commission of England and Wales Reporting Period: November 2024 – October 2025

1. Charity Information

2. Public Benefit Statement

The charity exists to support social entrepreneurs worldwide in leadership succession, transition, and wellbeing. All activities during the reporting period were undertaken to advance education, promote intergenerational knowledge-sharing, and strengthen the resilience of social enterprises. Trustees confirm they have complied with the Charity Commission’s guidance on public benefit.

3. Summary of Activities and Achievements

4. Governance and Leadership

5. Staffing and Operational Growth

Elders for Social Entrepreneurship (which trades as the Elders Council for Social Entrepreneurs) is a registered charity in England and Wales. Charity Commission No. 1196281.

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6. Membership and Learning Initiatives

Focus groups across three continents provided feedback to improve usability.

7. Programme Delivery and Convenings

Webinars:

Capital, Culture and Change: Perspectives on Succession (Jan 2025)

8. Strategic Development

9. Financial Management and Oversight

Clear division of duties ensures accountability in payments and approvals.

10. Risk and Governance Assurance

11. Looking Ahead (2026)

Expand Insight with new content.

Host Friendship Bench at Skoll World Forum 2026.

Elders for Social Entrepreneurship (which trades as the Elders Council for Social Entrepreneurs) is a registered charity in England and Wales. Charity Commission No. 1196281.

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12. Financial Summary

Total Income: 0

Total Expenditure: £41,842

Reserves: £68,232

Trustees confirm that financial management is prudent and aligned with the charity’s objectives.

13. Conclusion

The reporting year demonstrates resilience, innovation, and growing recognition. With refreshed strategy, expanded programming, and strengthened partnerships, Elders for Social Entrepreneurship is well positioned to continue supporting social entrepreneurs worldwide in leadership succession, transition, and wellbeing.

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External Examiner’s Report

Elders for Social Entrepreneurship (trading as Elders Council for Social Entrepreneurs) Reporting Period: November 2024 – October 2025

Independent Examiner’s Report to the Trustees of Elders for Social Entrepreneurship

I report on the accounts of Elders for Social Entrepreneurship for the year ended 31 October 2025, which are set out in the charity’s annual financial statements.

Responsibilities and Basis of Report

The charity’s trustees are responsible for the preparation of the accounts. The trustees consider that the audit requirement of section 144(2) of the Charities Act 2011 does not apply and that an independent examination is appropriate.

It is my responsibility to:

Examine the accounts under section 145 of the Charities Act 2011;

Examination

My examination was carried out in accordance with the general Directions issued by the Charity Commission. An independent examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also considers whether the accounts comply with the relevant requirements of the Charities Act 2011.

The examination provides a limited level of assurance and does not constitute an audit. Accordingly, I do not express an audit opinion on the accounts.

Statement

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

  1. Which gives me reasonable cause to believe that, in any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act 2011; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 2011, have not been met; or

  4. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

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Commentary on Financial Management

During the reporting period, the charity demonstrated prudent financial oversight:

Clear division of duties in payments and approvals was maintained.

Funding from the Skoll Foundation supported modest staffing and programme expansion.

Risk mitigation measures, including reconciliation processes and signatory protocols, were observed.

The charity continues to operate within its means, aligning expenditure with its charitable objectives and demonstrating accountability in financial stewardship.

Examiner’s Details

Name: Lucy Soar Company: Soar Consultancy Services Limited Professional Qualification: Fellow, Institute of Chartered Accountants in England and Wales (ICAEW) Date: 6 February 2026 Address: 37 Montefiore Road Hove BN3 1RD United Kingdom

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Financial Report: Receipts and Payments Accounts

Charity Name: Elders for Social Entrepreneurship Charity Number: 1196281 Financial Year Ended: 31 October 2025

Statement of Receipts and Payments

Category Receipts (£) Payments (£)
Donatons and legacies – –
Grants received – –
Fundraising events – –
Charitable actvites income – –
Travel – 2,521
Staf and volunteer expenses – 34,714
Ofce supplies and admin – 505
Marketng – 4,103
Total – 41,842

Net Receipts for the Year: £41,842

Statement of Assets and Liabilities

Assets Value (£)
Cash at bank 68,232
Pety cash –
Debtors (unpaid grant) –
Total Assets 68,232
Liabilites Value (£)
Unpaid invoices (utlites) –
Total Liabilites –
Net Assets:£68,232

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

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(b) 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 Sections 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 11[th] February 2026 and were signed on its behalf by:

Signature(s) Full name(s) Andrea Constance Coleman Chair Position (e.g. Secretary, Chair, etc.) Date 11/02/2026

Notes to the Accounts

  1. Accounting Basis: These accounts are prepared on a receipts and payments basis.

  2. Restricted Funds: There are no restricted funds.

  3. Trustee Remuneration: No trustees received any remuneration or expenses.

  4. Independent Examination: Accounts were independently examined by Lucy Soar, Soar Consultancy Services Limited.

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